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Tag: 13F

  • Kowal Investment Group LLC Makes New Investment in Fortinet, Inc. (NASDAQ:FTNT)

    Kowal Investment Group LLC Makes New Investment in Fortinet, Inc. (NASDAQ:FTNT)

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    Kowal Investment Group LLC bought a new stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund bought 3,854 shares of the software maker’s stock, valued at approximately $256,000.

    A number of other hedge funds have also recently added to or reduced their stakes in FTNT. AustralianSuper Pty Ltd grew its holdings in Fortinet by 37.8% in the first quarter. AustralianSuper Pty Ltd now owns 1,961,918 shares of the software maker’s stock valued at $130,389,000 after purchasing an additional 538,213 shares during the period. Daymark Wealth Partners LLC grew its holdings in shares of Fortinet by 66.5% during the 1st quarter. Daymark Wealth Partners LLC now owns 9,352 shares of the software maker’s stock worth $622,000 after purchasing an additional 3,734 shares during the period. Shaker Investments LLC OH raised its holdings in Fortinet by 1.3% in the first quarter. Shaker Investments LLC OH now owns 41,687 shares of the software maker’s stock valued at $2,771,000 after buying an additional 520 shares during the period. DnB Asset Management AS grew its stake in Fortinet by 5.3% during the first quarter. DnB Asset Management AS now owns 117,134 shares of the software maker’s stock worth $7,785,000 after buying an additional 5,902 shares during the period. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its stake in shares of Fortinet by 89.1% in the 1st quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 249,465 shares of the software maker’s stock valued at $16,579,000 after acquiring an additional 117,508 shares during the period. 64.21% of the stock is owned by institutional investors and hedge funds.

    Insider Activity at Fortinet

    In other Fortinet news, Director William H. Neukom purchased 423 shares of the business’s stock in a transaction dated Tuesday, April 11th. The stock was bought at an average cost of $67.40 per share, for a total transaction of $28,510.20. Following the completion of the acquisition, the director now directly owns 290,716 shares in the company, valued at $19,594,258.40. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, Director William H. Neukom bought 423 shares of Fortinet stock in a transaction that occurred on Tuesday, April 11th. The stock was acquired at an average price of $67.40 per share, for a total transaction of $28,510.20. Following the completion of the purchase, the director now owns 290,716 shares in the company, valued at $19,594,258.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Keith Jensen sold 5,050 shares of Fortinet stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $68.23, for a total value of $344,561.50. Following the sale, the chief financial officer now directly owns 4,572 shares in the company, valued at $311,947.56. The disclosure for this sale can be found here. Insiders sold a total of 67,128 shares of company stock worth $4,504,788 in the last 90 days. 17.54% of the stock is owned by company insiders.

    Fortinet Stock Performance

    Shares of NASDAQ FTNT opened at $74.31 on Thursday. The company has a market capitalization of $58.35 billion, a P/E ratio of 61.41, a price-to-earnings-growth ratio of 3.50 and a beta of 1.15. The business’s 50-day moving average price is $69.01 and its two-hundred day moving average price is $61.68. Fortinet, Inc. has a one year low of $42.61 and a one year high of $76.27. The company has a debt-to-equity ratio of 86.92, a current ratio of 1.34 and a quick ratio of 1.24.

    Fortinet (NASDAQ:FTNT – Free Report) last released its quarterly earnings data on Thursday, May 4th. The software maker reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.05. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Fortinet had a net margin of 20.46% and a negative return on equity of 282.54%. Fortinet’s quarterly revenue was up 32.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.17 EPS. Analysts anticipate that Fortinet, Inc. will post 1.19 earnings per share for the current fiscal year.

    Analysts Set New Price Targets

    Several analysts recently issued reports on FTNT shares. Mizuho raised their price objective on Fortinet from $68.00 to $74.00 and gave the company a “buy” rating in a research report on Monday, April 17th. Truist Financial began coverage on Fortinet in a report on Friday, April 21st. They set a “buy” rating and a $82.00 target price on the stock. Morgan Stanley upped their price target on Fortinet from $70.00 to $77.00 and gave the stock an “overweight” rating in a report on Wednesday, April 19th. Jefferies Financial Group boosted their target price on shares of Fortinet from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 20th. Finally, Bank of America raised their price target on shares of Fortinet from $75.00 to $83.00 in a report on Friday, June 16th. Seven investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $72.57.

    Fortinet Company Profile

    (Free Report)

    Fortinet, Inc provides cybersecurity and networking solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration.

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    Institutional Ownership by Quarter for Fortinet (NASDAQ:FTNT)

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  • Tesla, Inc. (NASDAQ:TSLA) Position Raised by McGlone Suttner Wealth Management Inc.

    Tesla, Inc. (NASDAQ:TSLA) Position Raised by McGlone Suttner Wealth Management Inc.

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    McGlone Suttner Wealth Management Inc. raised its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,783 shares of the electric vehicle producer’s stock after buying an additional 212 shares during the quarter. McGlone Suttner Wealth Management Inc.’s holdings in Tesla were worth $992,000 as of its most recent SEC filing.

    Other hedge funds also recently added to or reduced their stakes in the company. MidWestOne Financial Group Inc. grew its holdings in Tesla by 3.3% during the first quarter. MidWestOne Financial Group Inc. now owns 472 shares of the electric vehicle producer’s stock worth $509,000 after acquiring an additional 15 shares during the period. Linscomb & Williams Inc. increased its stake in Tesla by 3.5% in the 1st quarter. Linscomb & Williams Inc. now owns 1,233 shares of the electric vehicle producer’s stock worth $1,329,000 after purchasing an additional 42 shares in the last quarter. Salem Investment Counselors Inc. increased its stake in Tesla by 22.3% in the 1st quarter. Salem Investment Counselors Inc. now owns 263 shares of the electric vehicle producer’s stock worth $283,000 after purchasing an additional 48 shares in the last quarter. Manchester Financial Inc. increased its stake in Tesla by 1.2% in the 4th quarter. Manchester Financial Inc. now owns 4,441 shares of the electric vehicle producer’s stock worth $547,000 after purchasing an additional 51 shares in the last quarter. Finally, Pinnacle Financial Partners Inc. increased its stake in Tesla by 1.8% in the 4th quarter. Pinnacle Financial Partners Inc. now owns 3,176 shares of the electric vehicle producer’s stock worth $391,000 after purchasing an additional 55 shares in the last quarter. 43.51% of the stock is currently owned by institutional investors.

    Insider Activity

    In other news, CAO Vaibhav Taneja sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $250.04, for a total transaction of $3,000,480.00. Following the sale, the chief accounting officer now directly owns 104,504 shares in the company, valued at $26,130,180.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Tesla news, CFO Zachary Kirkhorn sold 3,750 shares of the company’s stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of $197.31, for a total value of $739,912.50. Following the sale, the chief financial officer now directly owns 199,323 shares in the company, valued at $39,328,421.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Vaibhav Taneja sold 12,000 shares of the company’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $250.04, for a total value of $3,000,480.00. Following the completion of the sale, the chief accounting officer now owns 104,504 shares in the company, valued at $26,130,180.16. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 61,730 shares of company stock worth $13,035,772. Company insiders own 20.90% of the company’s stock.

    Wall Street Analysts Forecast Growth

    TSLA has been the topic of a number of analyst reports. Mizuho dropped their price target on Tesla from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Thursday, April 20th. Wells Fargo & Company dropped their price target on Tesla from $190.00 to $170.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 20th. Tudor, Pickering, Holt & Co. cut Tesla from a “hold” rating to a “sell” rating in a research note on Thursday, April 20th. Barclays cut Tesla from an “overweight” rating to an “equal weight” rating and lifted their target price for the company from $220.00 to $260.00 in a research note on Wednesday, June 21st. Finally, JPMorgan Chase & Co. lowered their target price on Tesla from $120.00 to $115.00 and set an “underweight” rating on the stock in a research note on Thursday, April 20th. Five research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $210.95.

    Tesla Stock Up 1.7 %

    Shares of TSLA stock opened at $261.77 on Monday. Tesla, Inc. has a 12 month low of $101.81 and a 12 month high of $314.67. The firm has a market cap of $829.68 billion, a PE ratio of 76.99, a price-to-earnings-growth ratio of 3.65 and a beta of 2.04. The stock has a 50 day moving average of $205.81 and a 200-day moving average of $182.24. The company has a quick ratio of 1.04, a current ratio of 1.57 and a debt-to-equity ratio of 0.03.

    Tesla (NASDAQ:TSLA – Free Report) last released its quarterly earnings data on Wednesday, April 19th. The electric vehicle producer reported $0.85 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.85. The business had revenue of $23.33 billion for the quarter, compared to analysts’ expectations of $23.36 billion. Tesla had a return on equity of 27.29% and a net margin of 13.66%. Tesla’s quarterly revenue was up 24.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.95 earnings per share. On average, equities analysts predict that Tesla, Inc. will post 2.91 EPS for the current year.

    About Tesla

    (Free Report)

    Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services.

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    Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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  • Shufro Rose & Co. LLC Raises Position in Vanguard Value ETF (NYSEARCA:VTV)

    Shufro Rose & Co. LLC Raises Position in Vanguard Value ETF (NYSEARCA:VTV)

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    Shufro Rose & Co. LLC grew its position in Vanguard Value ETF (NYSEARCA:VTV – Free Report) by 96.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,776 shares of the company’s stock after acquiring an additional 2,344 shares during the period. Shufro Rose & Co. LLC’s holdings in Vanguard Value ETF were worth $660,000 at the end of the most recent quarter.

    Other hedge funds and other institutional investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its holdings in Vanguard Value ETF by 108,780.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 756,943,008 shares of the company’s stock worth $106,252,090,000 after buying an additional 756,247,802 shares in the last quarter. Adviser Investments LLC boosted its holdings in Vanguard Value ETF by 2,613.4% during the fourth quarter. Adviser Investments LLC now owns 4,186,160 shares of the company’s stock worth $602,598,000 after buying an additional 4,031,885 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in Vanguard Value ETF by 44,930.6% during the first quarter. Proficio Capital Partners LLC now owns 2,028,630 shares of the company’s stock worth $2,095,000 after buying an additional 2,024,125 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Vanguard Value ETF by 161.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,078,219 shares of the company’s stock worth $431,521,000 after buying an additional 1,899,703 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in Vanguard Value ETF by 3.5% during the fourth quarter. Morgan Stanley now owns 28,732,905 shares of the company’s stock worth $4,033,238,000 after buying an additional 979,087 shares in the last quarter.

    Vanguard Value ETF Trading Up 0.9 %

    VTV stock opened at $142.10 on Friday. The company has a market cap of $103.71 billion, a P/E ratio of 15.30 and a beta of 0.89. Vanguard Value ETF has a 52 week low of $122.54 and a 52 week high of $147.10. The company’s 50-day moving average price is $138.60 and its 200 day moving average price is $139.73.

    Vanguard Value ETF Profile

    (Free Report)

    Vanguard Value ETF (the Fund) is an exchange-traded share class of Vanguard Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Value Index (the Index). The Index is a diversified index of value stocks of predominantly large United States companies.

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    Institutional Ownership by Quarter for Vanguard Value ETF (NYSEARCA:VTV)

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  • Alpha Omega Wealth Management LLC Sells 226 Shares of Starbucks Co. (NASDAQ:SBUX)

    Alpha Omega Wealth Management LLC Sells 226 Shares of Starbucks Co. (NASDAQ:SBUX)

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    Alpha Omega Wealth Management LLC lowered its holdings in Starbucks Co. (NASDAQ:SBUX – Free Report) by 6.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,052 shares of the coffee company’s stock after selling 226 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Starbucks were worth $318,000 at the end of the most recent quarter.

    Other institutional investors have also recently bought and sold shares of the company. Spartan Planning & Wealth Management increased its stake in shares of Starbucks by 19.2% in the fourth quarter. Spartan Planning & Wealth Management now owns 590 shares of the coffee company’s stock worth $59,000 after buying an additional 95 shares during the period. First American Trust FSB increased its stake in shares of Starbucks by 3.8% in the fourth quarter. First American Trust FSB now owns 2,649 shares of the coffee company’s stock worth $263,000 after buying an additional 97 shares during the period. Perennial Investment Advisors LLC increased its position in Starbucks by 2.0% during the 4th quarter. Perennial Investment Advisors LLC now owns 4,996 shares of the coffee company’s stock valued at $496,000 after purchasing an additional 98 shares during the period. FSM Wealth Advisors LLC increased its position in Starbucks by 2.8% during the 4th quarter. FSM Wealth Advisors LLC now owns 3,626 shares of the coffee company’s stock valued at $360,000 after purchasing an additional 99 shares during the period. Finally, Rosenberg Matthew Hamilton increased its position in Starbucks by 3.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 3,394 shares of the coffee company’s stock valued at $337,000 after purchasing an additional 100 shares during the period. Institutional investors own 69.68% of the company’s stock.

    Insider Activity

    In other news, CFO Rachel Ruggeri sold 679 shares of the company’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $100.60, for a total transaction of $68,307.40. Following the completion of the sale, the chief financial officer now owns 54,761 shares of the company’s stock, valued at approximately $5,508,956.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.98% of the company’s stock.

    Wall Street Analysts Forecast Growth

    A number of research analysts have issued reports on the stock. Credit Suisse Group boosted their price objective on shares of Starbucks from $122.00 to $128.00 in a research report on Wednesday, May 3rd. Royal Bank of Canada reduced their price objective on shares of Starbucks from $115.00 to $110.00 in a research report on Wednesday, May 3rd. Barclays boosted their price objective on shares of Starbucks from $123.00 to $127.00 in a research report on Wednesday, May 3rd. Robert W. Baird boosted their price objective on shares of Starbucks from $105.00 to $110.00 in a research report on Wednesday, May 3rd. Finally, BTIG Research boosted their target price on shares of Starbucks from $120.00 to $125.00 in a report on Wednesday, May 3rd. Twelve equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Starbucks currently has a consensus rating of “Moderate Buy” and an average price target of $110.31.

    Starbucks Stock Performance

    Shares of NASDAQ:SBUX opened at $99.06 on Friday. Starbucks Co. has a fifty-two week low of $75.73 and a fifty-two week high of $115.48. The business has a 50-day simple moving average of $102.96 and a two-hundred day simple moving average of $103.44. The firm has a market cap of $113.56 billion, a price-to-earnings ratio of 32.16, a price-to-earnings-growth ratio of 1.71 and a beta of 0.96.

    Starbucks (NASDAQ:SBUX – Free Report) last issued its earnings results on Tuesday, May 2nd. The coffee company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.10. Starbucks had a negative return on equity of 41.99% and a net margin of 10.46%. The business had revenue of $8.72 billion during the quarter, compared to analyst estimates of $8.43 billion. During the same quarter in the previous year, the firm earned $0.59 EPS. Starbucks’s revenue was up 14.2% on a year-over-year basis. As a group, research analysts predict that Starbucks Co. will post 3.43 earnings per share for the current year.

    Starbucks Announces Dividend

    The firm also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 11th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, August 10th. Starbucks’s payout ratio is currently 68.83%.

    About Starbucks

    (Free Report)

    Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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    Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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  • Nordea Investment Management AB Sells 121,500 Shares of Walmart Inc. (NYSE:WMT)

    Nordea Investment Management AB Sells 121,500 Shares of Walmart Inc. (NYSE:WMT)

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    Nordea Investment Management AB reduced its stake in Walmart Inc. (NYSE:WMT – Free Report) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,063,117 shares of the retailer’s stock after selling 121,500 shares during the period. Nordea Investment Management AB’s holdings in Walmart were worth $157,341,000 as of its most recent SEC filing.

    Several other institutional investors have also recently made changes to their positions in the stock. Avalon Investment & Advisory raised its position in shares of Walmart by 3.4% during the 4th quarter. Avalon Investment & Advisory now owns 2,070 shares of the retailer’s stock worth $294,000 after purchasing an additional 69 shares during the last quarter. Transparent Wealth Partners LLC raised its holdings in shares of Walmart by 2.4% during the fourth quarter. Transparent Wealth Partners LLC now owns 3,076 shares of the retailer’s stock valued at $436,000 after acquiring an additional 71 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its position in shares of Walmart by 1.1% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 6,701 shares of the retailer’s stock valued at $950,000 after acquiring an additional 71 shares in the last quarter. Elgethun Capital Management boosted its stake in shares of Walmart by 1.2% in the third quarter. Elgethun Capital Management now owns 6,045 shares of the retailer’s stock worth $784,000 after acquiring an additional 72 shares during the last quarter. Finally, Keystone Wealth Services LLC increased its position in shares of Walmart by 2.0% during the first quarter. Keystone Wealth Services LLC now owns 3,726 shares of the retailer’s stock worth $549,000 after purchasing an additional 72 shares in the last quarter. Institutional investors and hedge funds own 31.95% of the company’s stock.

    Analyst Ratings Changes

    A number of research analysts have weighed in on WMT shares. Wells Fargo & Company raised their price objective on Walmart from $155.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 6th. BNP Paribas initiated coverage on shares of Walmart in a research note on Monday, June 12th. They issued an “outperform” rating and a $186.00 price target on the stock. Citigroup upped their price objective on shares of Walmart from $169.00 to $174.00 in a research note on Friday, May 19th. Oppenheimer raised their target price on shares of Walmart from $160.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, April 6th. Finally, Barclays upped their price target on Walmart from $159.00 to $162.00 in a research report on Sunday, May 21st. Five research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $166.91.

    Insider Activity

    In related news, CEO C Douglas Mcmillon sold 9,708 shares of Walmart stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $155.04, for a total value of $1,505,128.32. Following the completion of the transaction, the chief executive officer now owns 1,490,621 shares in the company, valued at $231,105,879.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Walmart news, major shareholder Alice L. Walton sold 455,060 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $149.98, for a total value of $68,249,898.80. Following the transaction, the insider now directly owns 245,256,456 shares in the company, valued at $36,783,563,270.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 9,708 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $155.04, for a total transaction of $1,505,128.32. Following the sale, the chief executive officer now owns 1,490,621 shares of the company’s stock, valued at approximately $231,105,879.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,195,764 shares of company stock worth $1,419,154,047. 46.51% of the stock is currently owned by company insiders.

    Walmart Price Performance

    Walmart stock opened at $154.28 on Friday. The company’s 50 day moving average is $151.67 and its two-hundred day moving average is $146.55. The firm has a market cap of $415.45 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 4.55 and a beta of 0.49. The company has a quick ratio of 0.23, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. Walmart Inc. has a 52-week low of $119.89 and a 52-week high of $158.23.

    Walmart (NYSE:WMT – Free Report) last announced its quarterly earnings data on Thursday, May 18th. The retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.15. Walmart had a return on equity of 21.30% and a net margin of 1.82%. The business had revenue of $152.30 billion for the quarter, compared to analysts’ expectations of $147.91 billion. During the same period last year, the firm earned $1.30 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, research analysts expect that Walmart Inc. will post 6.21 EPS for the current fiscal year.

    Walmart Company Profile

    (Free Report)

    Walmart Inc engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications.

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    Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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  • First Hawaiian Bank Sells 3,522 Shares of Quanta Services, Inc. (NYSE:PWR)

    First Hawaiian Bank Sells 3,522 Shares of Quanta Services, Inc. (NYSE:PWR)

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    First Hawaiian Bank lessened its stake in Quanta Services, Inc. (NYSE:PWR – Free Report) by 21.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,538 shares of the construction company’s stock after selling 3,522 shares during the period. First Hawaiian Bank’s holdings in Quanta Services were worth $2,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    Other large investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its stake in shares of Quanta Services by 2.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 16,592 shares of the construction company’s stock worth $2,364,000 after acquiring an additional 374 shares in the last quarter. Bremer Bank National Association grew its stake in Quanta Services by 85.8% during the 4th quarter. Bremer Bank National Association now owns 19,564 shares of the construction company’s stock worth $2,787,000 after buying an additional 9,037 shares during the last quarter. Alpha Cubed Investments LLC raised its stake in Quanta Services by 10.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 113,980 shares of the construction company’s stock valued at $16,242,000 after buying an additional 10,663 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Quanta Services by 26.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 43,584 shares of the construction company’s stock worth $6,210,000 after acquiring an additional 9,049 shares in the last quarter. Finally, Impax Asset Management Group plc increased its holdings in shares of Quanta Services by 5.3% during the fourth quarter. Impax Asset Management Group plc now owns 6,561 shares of the construction company’s stock valued at $935,000 after acquiring an additional 331 shares in the last quarter. 88.80% of the stock is currently owned by institutional investors.

    Insiders Place Their Bets

    In other news, VP Dorothy Upperman sold 4,074 shares of the business’s stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $183.87, for a total transaction of $749,086.38. Following the completion of the sale, the vice president now owns 13,078 shares of the company’s stock, valued at $2,404,651.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Derrick A. Jensen sold 100,000 shares of the company’s stock in a transaction on Monday, May 8th. The shares were sold at an average price of $169.36, for a total transaction of $16,936,000.00. Following the completion of the sale, the executive vice president now owns 282,225 shares of the company’s stock, valued at $47,797,626. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Dorothy Upperman sold 4,074 shares of the stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $183.87, for a total transaction of $749,086.38. Following the completion of the sale, the vice president now owns 13,078 shares of the company’s stock, valued at $2,404,651.86. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 247,074 shares of company stock worth $42,242,506. Company insiders own 1.20% of the company’s stock.

    Analyst Ratings Changes

    A number of brokerages have issued reports on PWR. The Goldman Sachs Group upped their price target on shares of Quanta Services from $150.00 to $171.00 and gave the company a “neutral” rating in a research note on Monday, April 17th. Northland Securities boosted their price target on Quanta Services from $171.00 to $190.00 in a research note on Thursday, May 18th. StockNews.com started coverage on Quanta Services in a research note on Thursday, May 18th. They issued a “hold” rating for the company. DA Davidson upped their target price on Quanta Services from $160.00 to $170.00 in a research report on Tuesday, May 9th. Finally, KeyCorp raised their price target on shares of Quanta Services from $174.00 to $190.00 in a research report on Monday, April 24th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.91.

    Quanta Services Stock Down 0.5 %

    PWR opened at $193.71 on Thursday. The company has a fifty day moving average of $176.47 and a two-hundred day moving average of $161.57. The stock has a market capitalization of $28.12 billion, a price-to-earnings ratio of 57.14 and a beta of 1.07. Quanta Services, Inc. has a fifty-two week low of $117.53 and a fifty-two week high of $195.14. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.58 and a current ratio of 1.63.

    Quanta Services (NYSE:PWR – Free Report) last released its quarterly earnings results on Thursday, May 4th. The construction company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.15. Quanta Services had a return on equity of 15.72% and a net margin of 2.86%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.08 billion. On average, research analysts expect that Quanta Services, Inc. will post 6.42 earnings per share for the current year.

    Quanta Services Dividend Announcement

    The business also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Monday, July 3rd will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.17%. The ex-dividend date is Friday, June 30th. Quanta Services’s payout ratio is presently 9.44%.

    About Quanta Services

    (Free Report)

    Quanta Services, Inc provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries worldwide. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

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    Institutional Ownership by Quarter for Quanta Services (NYSE:PWR)

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  • Northwest Investment Counselors LLC Acquires 203 Shares of Tesla, Inc. (NASDAQ:TSLA)

    Northwest Investment Counselors LLC Acquires 203 Shares of Tesla, Inc. (NASDAQ:TSLA)

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    Northwest Investment Counselors LLC increased its position in shares of Tesla, Inc. (NASDAQ:TSLA – Get Rating) by 55.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 569 shares of the electric vehicle producer’s stock after buying an additional 203 shares during the period. Northwest Investment Counselors LLC’s holdings in Tesla were worth $118,000 at the end of the most recent quarter.

    Several other institutional investors have also recently made changes to their positions in the company. MidWestOne Financial Group Inc. increased its stake in shares of Tesla by 3.3% during the first quarter. MidWestOne Financial Group Inc. now owns 472 shares of the electric vehicle producer’s stock valued at $509,000 after buying an additional 15 shares during the period. Linscomb & Williams Inc. grew its stake in Tesla by 3.5% in the first quarter. Linscomb & Williams Inc. now owns 1,233 shares of the electric vehicle producer’s stock valued at $1,329,000 after purchasing an additional 42 shares during the last quarter. Salem Investment Counselors Inc. grew its stake in Tesla by 22.3% in the first quarter. Salem Investment Counselors Inc. now owns 263 shares of the electric vehicle producer’s stock valued at $283,000 after purchasing an additional 48 shares during the last quarter. Manchester Financial Inc. grew its stake in Tesla by 1.2% in the fourth quarter. Manchester Financial Inc. now owns 4,441 shares of the electric vehicle producer’s stock valued at $547,000 after purchasing an additional 51 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. grew its stake in Tesla by 1.8% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 3,176 shares of the electric vehicle producer’s stock valued at $391,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 43.51% of the company’s stock.

    Insider Activity at Tesla

    In related news, SVP Andrew D. Baglino sold 10,500 shares of the stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $152.44, for a total value of $1,600,620.00. Following the completion of the transaction, the senior vice president now directly owns 65,547 shares of the company’s stock, valued at approximately $9,991,984.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, SVP Andrew D. Baglino sold 10,500 shares of the stock in a transaction on Thursday, April 27th. The stock was sold at an average price of $152.44, for a total value of $1,600,620.00. Following the completion of the transaction, the senior vice president now directly owns 65,547 shares of the company’s stock, valued at approximately $9,991,984.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Zachary Kirkhorn sold 3,751 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $162.70, for a total value of $610,287.70. Following the completion of the transaction, the chief financial officer now directly owns 195,572 shares of the company’s stock, valued at $31,819,564.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,230 shares of company stock valued at $30,055,907. 20.90% of the stock is owned by insiders.

    Wall Street Analysts Forecast Growth

    Several equities analysts have issued reports on TSLA shares. Wells Fargo & Company cut their target price on Tesla from $190.00 to $170.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 20th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research note on Thursday, March 2nd. Wolfe Research lowered Tesla from an “outperform” rating to a “peer perform” rating in a research note on Monday, March 13th. Deutsche Bank Aktiengesellschaft boosted their price target on Tesla from $200.00 to $230.00 in a research note on Monday. Finally, Mizuho dropped their price target on Tesla from $250.00 to $230.00 and set a “buy” rating on the stock in a research note on Thursday, April 20th. Five research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $206.01.

    Tesla Trading Down 6.1 %

    Shares of NASDAQ:TSLA opened at $241.05 on Tuesday. Tesla, Inc. has a 1 year low of $101.81 and a 1 year high of $314.67. The firm has a market capitalization of $764.01 billion, a price-to-earnings ratio of 70.90, a price-to-earnings-growth ratio of 3.44 and a beta of 2.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.57 and a quick ratio of 1.04. The business’s 50 day moving average price is $199.16 and its 200-day moving average price is $179.69.

    Tesla (NASDAQ:TSLA – Get Rating) last announced its earnings results on Wednesday, April 19th. The electric vehicle producer reported $0.85 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.85. Tesla had a return on equity of 27.29% and a net margin of 13.66%. The firm had revenue of $23.33 billion for the quarter, compared to analyst estimates of $23.36 billion. During the same quarter last year, the firm posted $0.95 EPS. The business’s revenue was up 24.4% on a year-over-year basis. On average, equities research analysts forecast that Tesla, Inc. will post 3.03 earnings per share for the current fiscal year.

    Tesla Profile

    (Get Rating)

    Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. It operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, retail merchandise, and vehicle insurance services.

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    Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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  • iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Fifth Third Securities Inc.

    iShares TIPS Bond ETF (NYSEARCA:TIP) Shares Sold by Fifth Third Securities Inc.

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    Fifth Third Securities Inc. decreased its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP – Get Rating) by 42.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,873 shares of the exchange traded fund’s stock after selling 35,896 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares TIPS Bond ETF were worth $5,388,000 at the end of the most recent reporting period.

    A number of other hedge funds have also bought and sold shares of the stock. Jane Street Group LLC increased its stake in shares of iShares TIPS Bond ETF by 255.2% in the third quarter. Jane Street Group LLC now owns 4,874,931 shares of the exchange traded fund’s stock worth $511,380,000 after acquiring an additional 3,502,563 shares during the period. Evoke Wealth LLC increased its stake in shares of iShares TIPS Bond ETF by 8,031.2% in the fourth quarter. Evoke Wealth LLC now owns 1,057,544 shares of the exchange traded fund’s stock worth $86,191,000 after acquiring an additional 1,044,538 shares during the period. BW Gestao de Investimentos Ltda. acquired a new stake in shares of iShares TIPS Bond ETF in the fourth quarter worth $74,301,000. Barclays PLC increased its stake in shares of iShares TIPS Bond ETF by 3,162.7% in the fourth quarter. Barclays PLC now owns 609,210 shares of the exchange traded fund’s stock worth $64,845,000 after acquiring an additional 590,538 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of iShares TIPS Bond ETF by 128.8% in the second quarter. Goldman Sachs Group Inc. now owns 858,839 shares of the exchange traded fund’s stock worth $97,831,000 after acquiring an additional 483,513 shares during the period.

    iShares TIPS Bond ETF Trading Up 0.2 %

    NYSEARCA:TIP opened at $107.89 on Monday. The company’s fifty day moving average price is $108.68 and its 200-day moving average price is $108.45. iShares TIPS Bond ETF has a 1-year low of $104.63 and a 1-year high of $118.48.

    iShares TIPS Bond ETF Company Profile

    (Get Rating)

    iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).

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    Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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  • Unison Advisors LLC Purchases 1,063 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

    Unison Advisors LLC Purchases 1,063 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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    Unison Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Get Rating) by 1.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,003 shares of the exchange traded fund’s stock after buying an additional 1,063 shares during the period. Unison Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,119,000 at the end of the most recent quarter.

    Other institutional investors and hedge funds have also recently modified their holdings of the company. Sensible Financial Planning & Management LLC. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 52.6% in the 1st quarter. Sensible Financial Planning & Management LLC. now owns 104,206 shares of the exchange traded fund’s stock worth $4,851,000 after purchasing an additional 35,939 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 12.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 523,618 shares of the exchange traded fund’s stock worth $24,374,000 after acquiring an additional 56,697 shares in the last quarter. Bridge Advisory LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 50.1% in the first quarter. Bridge Advisory LLC now owns 61,852 shares of the exchange traded fund’s stock worth $2,879,000 after acquiring an additional 20,643 shares in the last quarter. Pinnacle Bancorp Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 320.1% during the first quarter. Pinnacle Bancorp Inc. now owns 4,314 shares of the exchange traded fund’s stock worth $201,000 after acquiring an additional 3,287 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at about $171,000.

    Vanguard Mortgage-Backed Securities ETF Trading Up 0.4 %

    VMBS stock opened at $46.11 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.33 and a 52 week high of $49.33. The firm has a 50 day moving average of $46.12 and a 200 day moving average of $46.28.

    Vanguard Mortgage-Backed Securities ETF Increases Dividend

    The business also recently disclosed a dividend, which was paid on Tuesday, June 6th. Stockholders of record on Friday, June 2nd were paid a dividend of $0.1254 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Thursday, June 1st.

    Vanguard Mortgage-Backed Securities ETF Company Profile

    (Get Rating)

    Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).

    Read More

    Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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  • UMB Bank n.a. Sells 399 Shares of FedEx Co. (NYSE:FDX)

    UMB Bank n.a. Sells 399 Shares of FedEx Co. (NYSE:FDX)

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    UMB Bank n.a. trimmed its stake in shares of FedEx Co. (NYSE:FDX – Get Rating) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,301 shares of the shipping service provider’s stock after selling 399 shares during the quarter. UMB Bank n.a.’s holdings in FedEx were worth $4,182,000 as of its most recent SEC filing.

    Other institutional investors have also added to or reduced their stakes in the company. Lakewood Asset Management LLC bought a new position in shares of FedEx in the fourth quarter valued at approximately $26,000. CenterStar Asset Management LLC bought a new position in FedEx in the 4th quarter valued at $29,000. My Personal CFO LLC purchased a new position in shares of FedEx during the 4th quarter valued at $31,000. Householder Group Estate & Retirement Specialist LLC increased its holdings in shares of FedEx by 163.9% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 190 shares of the shipping service provider’s stock worth $33,000 after purchasing an additional 118 shares during the period. Finally, Sound Income Strategies LLC raised its position in shares of FedEx by 1,957.1% in the first quarter. Sound Income Strategies LLC now owns 144 shares of the shipping service provider’s stock worth $33,000 after buying an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 73.39% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of brokerages have weighed in on FDX. Loop Capital upped their target price on FedEx from $241.00 to $263.00 in a research note on Thursday, April 6th. BMO Capital Markets lifted their target price on shares of FedEx from $235.00 to $260.00 in a research report on Thursday, April 6th. Barclays increased their price target on shares of FedEx from $240.00 to $280.00 and gave the stock an “overweight” rating in a report on Friday, March 17th. The Goldman Sachs Group lifted their price objective on shares of FedEx from $250.00 to $258.00 and gave the stock a “buy” rating in a report on Thursday, April 6th. Finally, Stifel Nicolaus raised their price target on FedEx from $242.00 to $264.00 in a research report on Thursday, April 6th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, FedEx currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.21.

    FedEx Stock Performance

    Shares of FDX opened at $231.79 on Wednesday. FedEx Co. has a one year low of $141.92 and a one year high of $248.76. The company has a 50-day simple moving average of $226.93 and a two-hundred day simple moving average of $208.40. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.32 and a quick ratio of 1.27. The firm has a market capitalization of $58.26 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 1.06 and a beta of 1.33.

    FedEx (NYSE:FDX – Get Rating) last released its quarterly earnings results on Tuesday, June 20th. The shipping service provider reported $4.94 earnings per share for the quarter, beating the consensus estimate of $4.85 by $0.09. The company had revenue of $21.93 billion for the quarter, compared to analyst estimates of $22.55 billion. FedEx had a return on equity of 17.71% and a net margin of 3.23%. The firm’s revenue was down 10.1% on a year-over-year basis. During the same period in the previous year, the company posted $6.87 earnings per share. On average, analysts anticipate that FedEx Co. will post 14.89 EPS for the current fiscal year.

    FedEx Increases Dividend

    The firm also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Monday, June 12th will be given a dividend of $1.26 per share. This is a boost from FedEx’s previous quarterly dividend of $1.15. This represents a $5.04 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Friday, June 9th. FedEx’s dividend payout ratio (DPR) is 43.52%.

    Insider Buying and Selling

    In other news, CEO Frederick W. Smith sold 131,755 shares of FedEx stock in a transaction that occurred on Tuesday, April 11th. The shares were sold at an average price of $232.21, for a total transaction of $30,594,828.55. Following the completion of the transaction, the chief executive officer now directly owns 14,459,759 shares in the company, valued at $3,357,700,637.39. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Frederick W. Smith sold 131,755 shares of the stock in a transaction on Tuesday, April 11th. The stock was sold at an average price of $232.21, for a total value of $30,594,828.55. Following the sale, the chief executive officer now directly owns 14,459,759 shares of the company’s stock, valued at $3,357,700,637.39. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen E. Gorman purchased 1,080 shares of the stock in a transaction dated Wednesday, April 12th. The stock was bought at an average cost of $230.75 per share, with a total value of $249,210.00. Following the transaction, the director now owns 1,258 shares in the company, valued at $290,283.50. The disclosure for this purchase can be found here. Insiders have sold 146,486 shares of company stock valued at $34,001,009 over the last quarter. Corporate insiders own 8.62% of the company’s stock.

    About FedEx

    (Get Rating)

    FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company’s FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions.

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    Institutional Ownership by Quarter for FedEx (NYSE:FDX)

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  • HBW Advisory Services LLC Purchases 3,322 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

    HBW Advisory Services LLC Purchases 3,322 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

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    HBW Advisory Services LLC raised its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO – Get Rating) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,497 shares of the exchange traded fund’s stock after purchasing an additional 3,322 shares during the period. HBW Advisory Services LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,838,000 as of its most recent filing with the SEC.

    Other large investors have also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 108,287.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 296,468,035 shares of the exchange traded fund’s stock worth $11,556,324,000 after acquiring an additional 296,194,508 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 272.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 8,568,232 shares of the exchange traded fund’s stock worth $329,037,000 after purchasing an additional 6,267,408 shares in the last quarter. Betterment LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 8.5% in the 4th quarter. Betterment LLC now owns 71,776,690 shares of the exchange traded fund’s stock worth $2,797,855,000 after purchasing an additional 5,650,398 shares in the last quarter. Jane Street Group LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 843.4% in the 3rd quarter. Jane Street Group LLC now owns 4,898,835 shares of the exchange traded fund’s stock worth $178,758,000 after purchasing an additional 4,379,584 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Vanguard FTSE Emerging Markets ETF by 7.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,758,981 shares of the exchange traded fund’s stock worth $2,173,478,000 after purchasing an additional 3,909,063 shares in the last quarter.

    Vanguard FTSE Emerging Markets ETF Stock Down 0.4 %

    Shares of Vanguard FTSE Emerging Markets ETF stock opened at $41.94 on Monday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $34.88 and a twelve month high of $43.22. The company has a 50-day simple moving average of $40.25 and a two-hundred day simple moving average of $40.39. The stock has a market capitalization of $74.65 billion, a price-to-earnings ratio of 10.00 and a beta of 0.69.

    Vanguard FTSE Emerging Markets ETF Company Profile

    (Get Rating)

    The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.

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    Institutional Ownership by Quarter for Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

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  • Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

    Hudson Valley Investment Advisors Inc. ADV Sells 1,174 Shares of Honeywell International Inc. (NASDAQ:HON)

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    Hudson Valley Investment Advisors Inc. ADV lowered its position in shares of Honeywell International Inc. (NASDAQ:HON – Get Rating) by 6.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,571 shares of the conglomerate’s stock after selling 1,174 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Honeywell International were worth $3,167,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. New England Research & Management Inc. raised its position in Honeywell International by 25.1% in the 1st quarter. New England Research & Management Inc. now owns 16,469 shares of the conglomerate’s stock worth $3,148,000 after purchasing an additional 3,300 shares during the period. Empowered Funds LLC increased its position in shares of Honeywell International by 54.3% in the first quarter. Empowered Funds LLC now owns 3,399 shares of the conglomerate’s stock valued at $650,000 after acquiring an additional 1,196 shares during the period. Martin Capital Partners LLC raised its stake in shares of Honeywell International by 1.9% during the first quarter. Martin Capital Partners LLC now owns 23,793 shares of the conglomerate’s stock valued at $4,547,000 after acquiring an additional 453 shares during the last quarter. Empirical Finance LLC boosted its holdings in shares of Honeywell International by 5.1% during the first quarter. Empirical Finance LLC now owns 19,143 shares of the conglomerate’s stock worth $3,659,000 after purchasing an additional 932 shares during the period. Finally, Howard Financial Services LTD. increased its holdings in Honeywell International by 19.9% during the 1st quarter. Howard Financial Services LTD. now owns 1,486 shares of the conglomerate’s stock valued at $284,000 after purchasing an additional 247 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

    Insider Buying and Selling at Honeywell International

    In other news, COO Vimal Kapur sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $197.46, for a total transaction of $1,283,490.00. Following the completion of the transaction, the chief operating officer now directly owns 8,622 shares of the company’s stock, valued at $1,702,500.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.45% of the company’s stock.

    Honeywell International Trading Down 0.4 %

    NASDAQ:HON opened at $202.97 on Friday. Honeywell International Inc. has a 52 week low of $166.63 and a 52 week high of $220.96. The stock has a market cap of $135.11 billion, a price-to-earnings ratio of 26.36, a PEG ratio of 2.43 and a beta of 1.09. The company’s 50 day moving average price is $196.64 and its 200-day moving average price is $196.50. The company has a quick ratio of 0.94, a current ratio of 1.26 and a debt-to-equity ratio of 0.84.

    Honeywell International (NASDAQ:HON – Get Rating) last issued its earnings results on Thursday, April 27th. The conglomerate reported $2.07 EPS for the quarter, beating the consensus estimate of $1.93 by $0.14. Honeywell International had a return on equity of 34.01% and a net margin of 14.53%. The business had revenue of $8.86 billion for the quarter, compared to the consensus estimate of $8.51 billion. During the same period last year, the business posted $1.91 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. On average, equities research analysts forecast that Honeywell International Inc. will post 9.15 earnings per share for the current fiscal year.

    Honeywell International Announces Dividend

    The business also recently announced a quarterly dividend, which was paid on Friday, June 2nd. Shareholders of record on Friday, May 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Thursday, May 11th. Honeywell International’s dividend payout ratio is currently 53.51%.

    Wall Street Analyst Weigh In

    Several equities research analysts have weighed in on HON shares. Deutsche Bank Aktiengesellschaft dropped their price objective on Honeywell International from $235.00 to $228.00 and set a “buy” rating for the company in a report on Wednesday, April 12th. StockNews.com started coverage on Honeywell International in a research report on Thursday, May 18th. They set a “buy” rating on the stock. UBS Group reduced their target price on Honeywell International from $193.00 to $185.00 and set a “sell” rating on the stock in a report on Tuesday, February 28th. Wells Fargo & Company lowered their target price on Honeywell International from $210.00 to $205.00 and set an “equal weight” rating for the company in a research note on Thursday, April 13th. Finally, Citigroup upped their price target on Honeywell International from $240.00 to $242.00 in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $214.56.

    Honeywell International Profile

    (Get Rating)

    Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity and management services.

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    Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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  • Mather Group LLC. Lowers Stock Holdings in American Tower Co. (NYSE:AMT)

    Mather Group LLC. Lowers Stock Holdings in American Tower Co. (NYSE:AMT)

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    Mather Group LLC. lowered its holdings in shares of American Tower Co. (NYSE:AMT – Get Rating) by 6.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,738 shares of the real estate investment trust’s stock after selling 385 shares during the quarter. Mather Group LLC.’s holdings in American Tower were worth $1,216,000 at the end of the most recent reporting period.

    Other hedge funds also recently bought and sold shares of the company. New England Capital Financial Advisors LLC purchased a new position in American Tower during the fourth quarter worth approximately $26,000. Pinnacle Holdings LLC purchased a new position in American Tower during the first quarter worth approximately $29,000. Eagle Bay Advisors LLC purchased a new position in American Tower during the second quarter worth approximately $30,000. EWG Elevate Inc. purchased a new position in shares of American Tower in the fourth quarter valued at approximately $25,000. Finally, J.Safra Asset Management Corp lifted its position in shares of American Tower by 629.4% in the fourth quarter. J.Safra Asset Management Corp now owns 124 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.

    Analysts Set New Price Targets

    Several research firms have recently weighed in on AMT. Barclays raised their target price on American Tower from $229.00 to $233.00 in a research report on Monday, May 1st. Morgan Stanley decreased their target price on American Tower from $224.00 to $215.00 in a research report on Tuesday, April 18th. Deutsche Bank Aktiengesellschaft decreased their target price on American Tower from $254.00 to $245.00 in a research report on Tuesday, March 7th. Moffett Nathanson upgraded American Tower from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $244.00 to $234.00 in a research report on Thursday, March 30th. Finally, Raymond James raised their target price on American Tower from $227.00 to $238.00 in a research report on Thursday, April 27th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, American Tower presently has a consensus rating of “Moderate Buy” and an average price target of $254.56.

    American Tower Price Performance

    AMT stock opened at $192.89 on Friday. The business has a fifty day moving average of $195.64 and a two-hundred day moving average of $205.66. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 2.83. The stock has a market cap of $89.89 billion, a price-to-earnings ratio of 64.30, a price-to-earnings-growth ratio of 1.35 and a beta of 0.57. American Tower Co. has a 52-week low of $178.17 and a 52-week high of $282.47.

    American Tower (NYSE:AMT – Get Rating) last posted its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.28 by ($1.56). American Tower had a return on equity of 11.65% and a net margin of 12.85%. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. During the same period last year, the business earned $2.55 EPS. American Tower’s revenue was up 4.0% compared to the same quarter last year. As a group, research analysts anticipate that American Tower Co. will post 9.24 earnings per share for the current year.

    American Tower Increases Dividend

    The company also recently declared a quarterly dividend, which will be paid on Monday, July 10th. Stockholders of record on Friday, June 16th will be given a dividend of $1.57 per share. This is a positive change from American Tower’s previous quarterly dividend of $1.56. This represents a $6.28 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Thursday, June 15th. American Tower’s dividend payout ratio (DPR) is currently 209.33%.

    American Tower Profile

    (Get Rating)

    American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 226,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

    Further Reading

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    Institutional Ownership by Quarter for American Tower (NYSE:AMT)

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  • Builder Investment Group Inc. ADV Purchases New Position in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

    Builder Investment Group Inc. ADV Purchases New Position in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

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    Builder Investment Group Inc. ADV purchased a new stake in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS – Get Rating) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 260,237 shares of the company’s stock, valued at approximately $13,311,000. Dimensional U.S. Small Cap ETF comprises approximately 6.3% of Builder Investment Group Inc. ADV’s portfolio, making the stock its 2nd largest holding. Builder Investment Group Inc. ADV owned about 0.27% of Dimensional U.S. Small Cap ETF as of its most recent SEC filing.

    A number of other institutional investors and hedge funds have also recently bought and sold shares of DFAS. US Bancorp DE lifted its position in Dimensional U.S. Small Cap ETF by 3.9% in the first quarter. US Bancorp DE now owns 8,789 shares of the company’s stock valued at $493,000 after acquiring an additional 333 shares during the last quarter. Baird Financial Group Inc. raised its holdings in shares of Dimensional U.S. Small Cap ETF by 7.7% in the first quarter. Baird Financial Group Inc. now owns 42,080 shares of the company’s stock valued at $2,359,000 after buying an additional 2,995 shares during the last quarter. Equitable Holdings Inc. raised its holdings in shares of Dimensional U.S. Small Cap ETF by 0.9% in the first quarter. Equitable Holdings Inc. now owns 22,372 shares of the company’s stock valued at $1,254,000 after buying an additional 200 shares during the last quarter. Mariner LLC raised its holdings in shares of Dimensional U.S. Small Cap ETF by 245.1% in the first quarter. Mariner LLC now owns 109,164 shares of the company’s stock valued at $6,120,000 after buying an additional 77,529 shares during the last quarter. Finally, G2 Capital Management LLC OH raised its holdings in shares of Dimensional U.S. Small Cap ETF by 5.9% in the first quarter. G2 Capital Management LLC OH now owns 163,071 shares of the company’s stock valued at $9,141,000 after buying an additional 9,054 shares during the last quarter.

    Dimensional U.S. Small Cap ETF Stock Performance

    Shares of NYSEARCA:DFAS opened at $54.55 on Friday. The company has a 50-day simple moving average of $51.84 and a 200-day simple moving average of $52.95. Dimensional U.S. Small Cap ETF has a one year low of $46.11 and a one year high of $58.05. The stock has a market capitalization of $5.31 billion, a price-to-earnings ratio of 11.16 and a beta of 0.97.

    Dimensional U.S. Small Cap ETF Company Profile

    (Get Rating)

    The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.

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    Institutional Ownership by Quarter for Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS)

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  • 14,555 Shares in Costco Wholesale Co. (NASDAQ:COST) Acquired by Talbot Financial LLC

    14,555 Shares in Costco Wholesale Co. (NASDAQ:COST) Acquired by Talbot Financial LLC

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    Talbot Financial LLC acquired a new position in Costco Wholesale Co. (NASDAQ:COST – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,555 shares of the retailer’s stock, valued at approximately $6,644,000.

    Other institutional investors and hedge funds also recently bought and sold shares of the company. Canal Capital Management LLC boosted its holdings in Costco Wholesale by 8.5% in the 4th quarter. Canal Capital Management LLC now owns 563 shares of the retailer’s stock valued at $257,000 after purchasing an additional 44 shares during the period. TCG Advisory Services LLC boosted its holdings in Costco Wholesale by 2.6% in the 3rd quarter. TCG Advisory Services LLC now owns 817 shares of the retailer’s stock valued at $386,000 after purchasing an additional 21 shares during the period. united american securities inc. d b a uas asset management boosted its holdings in Costco Wholesale by 105.5% in the 3rd quarter. united american securities inc. d b a uas asset management now owns 41,525 shares of the retailer’s stock valued at $19,611,000 after purchasing an additional 21,319 shares during the period. Accurate Wealth Management LLC bought a new position in Costco Wholesale in the 4th quarter valued at $191,000. Finally, Capital Investment Advisors LLC boosted its holdings in Costco Wholesale by 1.9% in the 4th quarter. Capital Investment Advisors LLC now owns 13,748 shares of the retailer’s stock valued at $6,276,000 after purchasing an additional 252 shares during the period. 66.03% of the stock is owned by institutional investors.

    Insider Activity at Costco Wholesale

    In related news, EVP Caton Frates sold 600 shares of the stock in a transaction dated Tuesday, April 11th. The shares were sold at an average price of $497.35, for a total transaction of $298,410.00. Following the sale, the executive vice president now directly owns 4,320 shares of the company’s stock, valued at approximately $2,148,552. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is currently owned by insiders.

    Analysts Set New Price Targets

    COST has been the topic of several research reports. Evercore ISI lowered their price objective on shares of Costco Wholesale from $545.00 to $535.00 in a research report on Thursday, April 6th. Oppenheimer restated an “outperform” rating and set a $550.00 price objective on shares of Costco Wholesale in a research report on Thursday, April 6th. Telsey Advisory Group restated an “outperform” rating and set a $540.00 price objective on shares of Costco Wholesale in a research report on Thursday, April 6th. TheStreet upgraded shares of Costco Wholesale from a “c” rating to a “b” rating in a research report on Thursday, March 23rd. Finally, Truist Financial decreased their price objective on Costco Wholesale from $571.00 to $568.00 in a report on Thursday, May 4th. Five research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $548.72.

    Costco Wholesale Stock Up 1.0 %

    NASDAQ:COST opened at $527.20 on Thursday. The firm’s 50-day moving average price is $501.51 and its 200-day moving average price is $492.38. The company has a market capitalization of $233.60 billion, a PE ratio of 39.05, a P/E/G ratio of 4.36 and a beta of 0.79. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.08 and a quick ratio of 0.57. Costco Wholesale Co. has a 1-year low of $443.20 and a 1-year high of $564.75.

    Costco Wholesale (NASDAQ:COST – Get Rating) last released its earnings results on Thursday, May 25th. The retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.32 by $0.11. The firm had revenue of $53.65 billion for the quarter, compared to the consensus estimate of $54.58 billion. Costco Wholesale had a net margin of 2.55% and a return on equity of 28.18%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.17 EPS. On average, equities analysts predict that Costco Wholesale Co. will post 14.4 EPS for the current fiscal year.

    Costco Wholesale Increases Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Investors of record on Friday, May 5th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 0.77%. This is an increase from Costco Wholesale’s previous quarterly dividend of $0.90. The ex-dividend date of this dividend was Thursday, May 4th. Costco Wholesale’s dividend payout ratio is 30.22%.

    Costco Wholesale Profile

    (Get Rating)

    Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories.

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    Institutional Ownership by Quarter for Costco Wholesale (NASDAQ:COST)

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  • Alight Capital Management LP Invests $1.55 Million in ServiceNow, Inc. (NYSE:NOW)

    Alight Capital Management LP Invests $1.55 Million in ServiceNow, Inc. (NYSE:NOW)

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    Alight Capital Management LP purchased a new position in shares of ServiceNow, Inc. (NYSE:NOW – Get Rating) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,000 shares of the information technology services provider’s stock, valued at approximately $1,553,000. ServiceNow makes up 1.7% of Alight Capital Management LP’s investment portfolio, making the stock its 19th biggest position.

    Several other large investors have also recently made changes to their positions in the company. Ambassador Advisors LLC increased its position in shares of ServiceNow by 24.4% during the fourth quarter. Ambassador Advisors LLC now owns 10,279 shares of the information technology services provider’s stock worth $3,991,000 after purchasing an additional 2,016 shares in the last quarter. Ardmore Road Asset Management LP purchased a new stake in shares of ServiceNow during the fourth quarter worth approximately $9,707,000. ArrowMark Colorado Holdings LLC increased its position in shares of ServiceNow by 270.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 3,700 shares of the information technology services provider’s stock worth $1,437,000 after purchasing an additional 2,700 shares in the last quarter. Freedom Wealth Alliance LLC purchased a new stake in shares of ServiceNow during the fourth quarter worth approximately $59,000. Finally, Zullo Investment Group Inc. increased its position in shares of ServiceNow by 4.0% during the fourth quarter. Zullo Investment Group Inc. now owns 781 shares of the information technology services provider’s stock worth $303,000 after purchasing an additional 30 shares in the last quarter. 86.31% of the stock is currently owned by hedge funds and other institutional investors.

    Insider Buying and Selling at ServiceNow

    In other ServiceNow news, General Counsel Russell S. Elmer sold 7,796 shares of the stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $456.31, for a total value of $3,557,392.76. Following the sale, the general counsel now owns 4,047 shares of the company’s stock, valued at approximately $1,846,686.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other ServiceNow news, Director Frederic B. Luddy sold 660 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $546.00, for a total value of $360,360.00. Following the sale, the director now owns 598 shares of the company’s stock, valued at approximately $326,508. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Russell S. Elmer sold 7,796 shares of the stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $456.31, for a total value of $3,557,392.76. Following the completion of the sale, the general counsel now directly owns 4,047 shares in the company, valued at approximately $1,846,686.57. The disclosure for this sale can be found here. Insiders have sold 32,569 shares of company stock valued at $16,256,660 in the last quarter. Corporate insiders own 0.28% of the company’s stock.

    Analyst Upgrades and Downgrades

    Several brokerages recently commented on NOW. Stifel Nicolaus boosted their price target on ServiceNow from $495.00 to $525.00 in a research report on Thursday, April 27th. Sanford C. Bernstein upped their target price on ServiceNow from $586.00 to $665.00 in a report on Tuesday, May 30th. Guggenheim upped their target price on ServiceNow from $511.00 to $518.00 in a report on Wednesday, May 17th. BNP Paribas upgraded ServiceNow from an “underperform” rating to a “neutral” rating and set a $410.00 target price for the company in a report on Friday, April 28th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on ServiceNow from $525.00 to $545.00 in a report on Thursday, April 27th. Two analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat, ServiceNow presently has an average rating of “Moderate Buy” and a consensus target price of $532.83.

    ServiceNow Price Performance

    NOW opened at $554.61 on Wednesday. The stock’s 50-day moving average price is $488.43 and its 200 day moving average price is $447.09. ServiceNow, Inc. has a 12-month low of $337.00 and a 12-month high of $563.63. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.27. The firm has a market cap of $113.00 billion, a price-to-earnings ratio of 282.96, a PEG ratio of 6.84 and a beta of 1.03.

    ServiceNow (NYSE:NOW – Get Rating) last posted its earnings results on Wednesday, April 26th. The information technology services provider reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.37. ServiceNow had a return on equity of 10.18% and a net margin of 5.25%. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. As a group, sell-side analysts expect that ServiceNow, Inc. will post 3.17 earnings per share for the current year.

    About ServiceNow

    (Get Rating)

    ServiceNow, Inc provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools.

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    Institutional Ownership by Quarter for ServiceNow (NYSE:NOW)

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  • Industrial Alliance Investment Management Inc. Decreases Stake in Costco Wholesale Co. (NASDAQ:COST)

    Industrial Alliance Investment Management Inc. Decreases Stake in Costco Wholesale Co. (NASDAQ:COST)

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    Industrial Alliance Investment Management Inc. reduced its holdings in Costco Wholesale Co. (NASDAQ:COST – Get Rating) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,991 shares of the retailer’s stock after selling 3,157 shares during the period. Costco Wholesale makes up 1.0% of Industrial Alliance Investment Management Inc.’s holdings, making the stock its 21st biggest position. Industrial Alliance Investment Management Inc.’s holdings in Costco Wholesale were worth $35,146,000 as of its most recent SEC filing.

    Other hedge funds and other institutional investors have also recently modified their holdings of the company. United Bank raised its stake in Costco Wholesale by 9.2% during the first quarter. United Bank now owns 5,254 shares of the retailer’s stock worth $3,026,000 after purchasing an additional 444 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Costco Wholesale by 33.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 383,691 shares of the retailer’s stock valued at $220,948,000 after acquiring an additional 96,566 shares during the last quarter. Covestor Ltd increased its position in shares of Costco Wholesale by 87.1% during the first quarter. Covestor Ltd now owns 232 shares of the retailer’s stock valued at $134,000 after acquiring an additional 108 shares during the last quarter. Bridgefront Capital LLC acquired a new stake in shares of Costco Wholesale during the first quarter valued at about $333,000. Finally, Next Century Growth Investors LLC increased its position in shares of Costco Wholesale by 0.9% during the first quarter. Next Century Growth Investors LLC now owns 3,414 shares of the retailer’s stock valued at $1,965,000 after acquiring an additional 30 shares during the last quarter. 66.03% of the stock is owned by hedge funds and other institutional investors.

    Insider Transactions at Costco Wholesale

    In other news, EVP Caton Frates sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, April 11th. The shares were sold at an average price of $497.35, for a total transaction of $298,410.00. Following the completion of the sale, the executive vice president now owns 4,320 shares in the company, valued at approximately $2,148,552. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.22% of the company’s stock.

    Analyst Upgrades and Downgrades

    A number of brokerages have weighed in on COST. William Blair began coverage on shares of Costco Wholesale in a research report on Wednesday, April 12th. They set an “outperform” rating for the company. Roth Capital reiterated a “neutral” rating on shares of Costco Wholesale in a research report on Friday, March 10th. Northcoast Research upgraded shares of Costco Wholesale from a “neutral” rating to a “buy” rating and set a $560.00 price target for the company in a research report on Tuesday, March 7th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Costco Wholesale from $575.00 to $574.00 in a research report on Thursday, April 6th. Finally, StockNews.com cut shares of Costco Wholesale from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Five investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $548.72.

    Costco Wholesale Stock Up 0.7 %

    Shares of Costco Wholesale stock opened at $520.97 on Tuesday. Costco Wholesale Co. has a 52-week low of $443.20 and a 52-week high of $564.75. The company has a 50 day moving average of $500.42 and a 200 day moving average of $492.22. The company has a quick ratio of 0.57, a current ratio of 1.08 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $230.84 billion, a P/E ratio of 38.59, a P/E/G ratio of 4.32 and a beta of 0.79.

    Costco Wholesale (NASDAQ:COST – Get Rating) last issued its quarterly earnings data on Thursday, May 25th. The retailer reported $3.43 earnings per share for the quarter, topping the consensus estimate of $3.32 by $0.11. The business had revenue of $53.65 billion during the quarter, compared to the consensus estimate of $54.58 billion. Costco Wholesale had a net margin of 2.55% and a return on equity of 28.18%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.17 EPS. As a group, research analysts forecast that Costco Wholesale Co. will post 14.4 EPS for the current fiscal year.

    Costco Wholesale Increases Dividend

    The business also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Friday, May 5th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 0.78%. The ex-dividend date was Thursday, May 4th. This is an increase from Costco Wholesale’s previous quarterly dividend of $0.90. Costco Wholesale’s payout ratio is currently 30.22%.

    Costco Wholesale Company Profile

    (Get Rating)

    Costco Wholesale Corp. engages in the operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.

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    Institutional Ownership by Quarter for Costco Wholesale (NASDAQ:COST)

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  • Oversea Chinese Banking CORP Ltd Acquires New Holdings in Desktop Metal, Inc. (NYSE:DM)

    Oversea Chinese Banking CORP Ltd Acquires New Holdings in Desktop Metal, Inc. (NYSE:DM)

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    Oversea Chinese Banking CORP Ltd acquired a new stake in shares of Desktop Metal, Inc. (NYSE:DM – Get Rating) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 58,235 shares of the pipeline company’s stock, valued at approximately $79,000.

    A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Desktop Metal by 3.2% during the third quarter. Vanguard Group Inc. now owns 21,673,313 shares of the pipeline company’s stock valued at $56,134,000 after purchasing an additional 675,320 shares in the last quarter. Alphabet Inc. bought a new stake in Desktop Metal during the third quarter valued at about $28,616,000. State Street Corp boosted its position in Desktop Metal by 7.3% during the third quarter. State Street Corp now owns 7,237,521 shares of the pipeline company’s stock valued at $18,745,000 after purchasing an additional 494,746 shares in the last quarter. Geode Capital Management LLC boosted its position in Desktop Metal by 3.8% during the fourth quarter. Geode Capital Management LLC now owns 4,563,786 shares of the pipeline company’s stock valued at $6,206,000 after purchasing an additional 166,846 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Desktop Metal by 26.2% in the second quarter. Northern Trust Corp now owns 2,176,716 shares of the pipeline company’s stock worth $4,789,000 after acquiring an additional 451,540 shares in the last quarter. Institutional investors own 42.58% of the company’s stock.

    Desktop Metal Trading Up 1.4 %

    Shares of Desktop Metal stock opened at $2.21 on Friday. The stock has a market cap of $710.43 million, a PE ratio of -0.97 and a beta of 0.64. The firm has a fifty day moving average price of $2.00 and a 200 day moving average price of $1.87. Desktop Metal, Inc. has a 1 year low of $1.13 and a 1 year high of $3.65. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.79 and a quick ratio of 2.61.

    Wall Street Analyst Weigh In

    Several equities research analysts have weighed in on the company. Credit Suisse Group reissued a “neutral” rating and issued a $2.20 price target on shares of Desktop Metal in a report on Monday, March 6th. StockNews.com assumed coverage on Desktop Metal in a report on Tuesday, June 6th. They issued a “sell” rating for the company. Finally, Morgan Stanley raised their price target on Desktop Metal from $1.75 to $1.90 and gave the stock an “overweight” rating in a report on Friday, March 3rd.

    About Desktop Metal

    (Get Rating)

    Desktop Metal, Inc engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; and Studio System, an office metal 3D printing system; and Fiber platform that offers a desktop 3D printer.

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    Institutional Ownership by Quarter for Desktop Metal (NYSE:DM)

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  • Bokf Na Decreases Stake in American Tower Co. (NYSE:AMT)

    Bokf Na Decreases Stake in American Tower Co. (NYSE:AMT)

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    Bokf Na decreased its holdings in American Tower Co. (NYSE:AMT – Get Rating) by 3.3% in the 4th quarter, HoldingsChannel reports. The fund owned 15,831 shares of the real estate investment trust’s stock after selling 544 shares during the quarter. Bokf Na’s holdings in American Tower were worth $3,354,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of American Tower by 0.7% in the third quarter. Vanguard Group Inc. now owns 60,720,664 shares of the real estate investment trust’s stock valued at $13,036,726,000 after purchasing an additional 406,906 shares during the period. Geode Capital Management LLC lifted its position in shares of American Tower by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 9,601,881 shares of the real estate investment trust’s stock valued at $2,031,259,000 after acquiring an additional 199,813 shares during the period. Principal Financial Group Inc. lifted its position in shares of American Tower by 13.7% during the 4th quarter. Principal Financial Group Inc. now owns 6,755,670 shares of the real estate investment trust’s stock valued at $1,431,256,000 after acquiring an additional 814,403 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of American Tower by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,223,809 shares of the real estate investment trust’s stock worth $1,336,250,000 after acquiring an additional 91,188 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of American Tower by 14.0% in the 4th quarter. Jennison Associates LLC now owns 5,299,426 shares of the real estate investment trust’s stock worth $1,122,736,000 after acquiring an additional 650,078 shares during the period. Institutional investors and hedge funds own 89.65% of the company’s stock.

    Analysts Set New Price Targets

    A number of analysts have commented on the company. Raymond James boosted their target price on American Tower from $227.00 to $238.00 in a research report on Thursday, April 27th. Credit Suisse Group dropped their target price on shares of American Tower from $251.00 to $244.00 and set an “outperform” rating for the company in a report on Friday, February 24th. StockNews.com started coverage on shares of American Tower in a research report on Thursday, May 18th. They issued a “hold” rating on the stock. Barclays lifted their price objective on American Tower from $229.00 to $233.00 in a research report on Monday, May 1st. Finally, Moffett Nathanson upgraded American Tower from a “market perform” rating to an “outperform” rating and lowered their target price for the company from $244.00 to $234.00 in a report on Thursday, March 30th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $254.56.

    American Tower Stock Up 1.0 %

    AMT opened at $190.93 on Thursday. American Tower Co. has a 12 month low of $178.17 and a 12 month high of $282.47. The business has a 50-day moving average of $197.46 and a two-hundred day moving average of $206.90. The company has a debt-to-equity ratio of 2.83, a current ratio of 0.61 and a quick ratio of 0.61. The stock has a market capitalization of $88.98 billion, a price-to-earnings ratio of 63.64, a price-to-earnings-growth ratio of 1.31 and a beta of 0.57.

    American Tower (NYSE:AMT – Get Rating) last released its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($1.56). The company had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.74 billion. American Tower had a net margin of 12.85% and a return on equity of 11.65%. American Tower’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.55 earnings per share. On average, research analysts expect that American Tower Co. will post 9.24 earnings per share for the current year.

    American Tower Increases Dividend

    The company also recently announced a quarterly dividend, which will be paid on Monday, July 10th. Investors of record on Friday, June 16th will be issued a $1.57 dividend. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $6.28 dividend on an annualized basis and a yield of 3.29%. This is a boost from American Tower’s previous quarterly dividend of $1.56. American Tower’s dividend payout ratio (DPR) is presently 208.00%.

    American Tower Profile

    (Get Rating)

    American Tower Corp. provides real estate investment services, and owns, operates, and develops multi-tenant real estate properties. It offers leasing of space on communications sites to wireless service providers, radio and television broadcast companies. It operates through the following segments: U.S.

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    Institutional Ownership by Quarter for American Tower (NYSE:AMT)

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  • Barclays PLC Purchases 118,138 Shares of Hewlett Packard Enterprise (NYSE:HPE)

    Barclays PLC Purchases 118,138 Shares of Hewlett Packard Enterprise (NYSE:HPE)

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    Barclays PLC increased its position in shares of Hewlett Packard Enterprise (NYSE:HPE – Get Rating) by 5.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,223,322 shares of the technology company’s stock after acquiring an additional 118,138 shares during the period. Barclays PLC owned about 0.17% of Hewlett Packard Enterprise worth $35,483,000 at the end of the most recent reporting period.

    A number of other institutional investors and hedge funds have also bought and sold shares of HPE. BlackRock Inc. increased its stake in shares of Hewlett Packard Enterprise by 3.2% in the third quarter. BlackRock Inc. now owns 129,262,655 shares of the technology company’s stock valued at $1,548,566,000 after buying an additional 4,029,860 shares during the period. Cowa LLC raised its stake in shares of Hewlett Packard Enterprise by 14,778.9% during the first quarter. Cowa LLC now owns 2,594,739 shares of the technology company’s stock valued at $434,000 after acquiring an additional 2,577,300 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Hewlett Packard Enterprise by 20.9% during the third quarter. UBS Asset Management Americas Inc. now owns 12,362,348 shares of the technology company’s stock worth $148,101,000 after purchasing an additional 2,134,643 shares during the period. Bank of America Corp DE lifted its holdings in shares of Hewlett Packard Enterprise by 4.1% during the fourth quarter. Bank of America Corp DE now owns 52,716,520 shares of the technology company’s stock worth $841,356,000 after purchasing an additional 2,092,725 shares during the period. Finally, State Street Corp grew its stake in shares of Hewlett Packard Enterprise by 2.9% in the first quarter. State Street Corp now owns 70,328,694 shares of the technology company’s stock worth $1,183,418,000 after purchasing an additional 1,959,250 shares during the last quarter. Institutional investors and hedge funds own 81.36% of the company’s stock.

    Wall Street Analyst Weigh In

    Several brokerages have commented on HPE. Barclays cut their target price on Hewlett Packard Enterprise from $18.00 to $16.00 in a report on Wednesday, May 31st. The Goldman Sachs Group began coverage on Hewlett Packard Enterprise in a report on Monday, March 20th. They issued a “neutral” rating and a $15.00 target price on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Hewlett Packard Enterprise from $16.00 to $15.00 in a report on Wednesday, May 31st. StockNews.com raised shares of Hewlett Packard Enterprise from a “hold” rating to a “buy” rating in a research note on Tuesday, May 23rd. Finally, Citigroup lifted their target price on shares of Hewlett Packard Enterprise from $13.00 to $14.00 in a research note on Friday, March 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $16.62.

    Hewlett Packard Enterprise Stock Performance

    Shares of Hewlett Packard Enterprise stock opened at $15.34 on Wednesday. The business has a 50-day simple moving average of $14.89 and a 200 day simple moving average of $15.48. The firm has a market capitalization of $19.88 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 2.37 and a beta of 1.23. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.87 and a quick ratio of 0.65. Hewlett Packard Enterprise has a one year low of $11.90 and a one year high of $17.25.

    Hewlett Packard Enterprise (NYSE:HPE – Get Rating) last issued its earnings results on Tuesday, May 30th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. The company had revenue of $6.97 billion for the quarter, compared to analyst estimates of $7.30 billion. Hewlett Packard Enterprise had a return on equity of 5.05% and a net margin of 3.46%. Hewlett Packard Enterprise’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 earnings per share. On average, research analysts anticipate that Hewlett Packard Enterprise will post 1.34 earnings per share for the current fiscal year.

    Hewlett Packard Enterprise Dividend Announcement

    The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Thursday, June 15th will be issued a $0.12 dividend. The ex-dividend date is Wednesday, June 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.13%. Hewlett Packard Enterprise’s dividend payout ratio is presently 61.54%.

    Insider Activity at Hewlett Packard Enterprise

    In other Hewlett Packard Enterprise news, EVP Thomas E. Black, Jr. sold 34,088 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $15.05, for a total transaction of $513,024.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.53% of the stock is owned by insiders.

    Hewlett Packard Enterprise Company Profile

    (Get Rating)

    Hewlett Packard Enterprise Co is a global edge-to-cloud company, which engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Compute, High Performance Computing & Artificial Intelligence (HPC & AI), Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.

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    Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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