Tag: 13F

Zscaler, Inc. (NASDAQ:ZS) Holdings Cut by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

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BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its holdings in Zscaler, Inc. (NASDAQ:ZS – Get Rating) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,454 shares of the company’s stock after selling 923 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Zscaler were worth $834,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ZS. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Zscaler by 14.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 557,345 shares of the company’s stock worth $134,476,000 after acquiring an additional 68,982 shares during the last quarter. AlphaCrest Capital Management LLC acquired a new stake in shares of Zscaler in the first quarter valued at approximately $244,000. D.A. Davidson & CO. increased its stake in shares of Zscaler by 41.6% in the first quarter. D.A. Davidson & CO. now owns 1,130 shares of the company’s stock valued at $273,000 after purchasing an additional 332 shares during the period. MetLife Investment Management LLC acquired a new stake in shares of Zscaler in the first quarter valued at approximately $1,232,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Zscaler by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 121,598 shares of the company’s stock valued at $29,338,000 after purchasing an additional 2,153 shares during the period. Institutional investors own 45.33% of the company’s stock.

Analysts Set New Price Targets

ZS has been the topic of several analyst reports. Barclays raised their price target on shares of Zscaler from $127.00 to $145.00 in a research note on Friday. Capital One Financial initiated coverage on shares of Zscaler in a research note on Friday, March 17th. They issued an “equal weight” rating and a $125.00 price target on the stock. Scotiabank raised their price target on shares of Zscaler from $138.00 to $150.00 in a research note on Friday. Loop Capital boosted their target price on Zscaler from $125.00 to $135.00 in a report on Friday. Finally, Stifel Nicolaus boosted their target price on Zscaler from $135.00 to $150.00 in a report on Friday. Fourteen equities research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and an average price target of $167.56.

Zscaler Stock Up 5.4 %

Zscaler stock opened at $142.39 on Friday. The company’s fifty day simple moving average is $110.70 and its 200-day simple moving average is $117.77. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.01 and a current ratio of 2.01. Zscaler, Inc. has a 12 month low of $84.93 and a 12 month high of $194.21.

Zscaler (NASDAQ:ZS – Get Rating) last posted its quarterly earnings results on Thursday, June 1st. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.42 by $0.06. Zscaler had a negative net margin of 18.20% and a negative return on equity of 41.57%. The business had revenue of $418.80 million for the quarter, compared to analysts’ expectations of $411.55 million. During the same period in the previous year, the company posted ($0.61) EPS. Zscaler’s revenue was up 46.0% on a year-over-year basis. On average, sell-side analysts predict that Zscaler, Inc. will post -1.19 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Robert Schlossman sold 3,645 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $106.79, for a total value of $389,249.55. Following the completion of the sale, the insider now directly owns 132,553 shares in the company, valued at $14,155,334.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Jagtar Singh Chaudhry sold 900 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $106.79, for a total value of $96,111.00. Following the completion of the sale, the chief executive officer now directly owns 322,649 shares in the company, valued at $34,455,686.71. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert Schlossman sold 3,645 shares of the company’s stock in a transaction on Thursday, March 16th. The stock was sold at an average price of $106.79, for a total transaction of $389,249.55. Following the completion of the sale, the insider now owns 132,553 shares of the company’s stock, valued at $14,155,334.87. The disclosure for this sale can be found here. Insiders have sold a total of 16,412 shares of company stock worth $1,752,637 in the last ninety days. Corporate insiders own 19.80% of the company’s stock.

About Zscaler

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Zscaler, Inc engages in the provision of a cloud-based internet security platform. It offers Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience. The company was founded by Jagtar Singh Chaudhry and K.

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June 4, 2023
Korea Investment CORP Raises Stake in Diamondback Energy, Inc. (NASDAQ:FANG)

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Korea Investment CORP grew its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Get Rating) by 239.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,108 shares of the oil and natural gas company’s stock after purchasing an additional 81,926 shares during the period. Korea Investment CORP owned approximately 0.06% of Diamondback Energy worth $15,881,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Fragasso Group Inc. purchased a new stake in shares of Diamondback Energy in the 4th quarter worth about $223,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Diamondback Energy by 18.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 7,189 shares of the oil and natural gas company’s stock worth $867,000 after buying an additional 1,112 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Diamondback Energy in the 4th quarter worth about $212,000. Disciplined Investments LLC lifted its holdings in Diamondback Energy by 1,296.3% in the 4th quarter. Disciplined Investments LLC now owns 377 shares of the oil and natural gas company’s stock valued at $52,000 after purchasing an additional 350 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Diamondback Energy by 43.9% in the 4th quarter. Parallel Advisors LLC now owns 7,827 shares of the oil and natural gas company’s stock valued at $1,071,000 after purchasing an additional 2,387 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Diamondback Energy Stock Performance

Diamondback Energy stock opened at $127.15 on Thursday. The stock has a market cap of $23.03 billion, a P/E ratio of 5.27, a price-to-earnings-growth ratio of 0.31 and a beta of 2.03. The company has a current ratio of 0.62, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $135.41 and a 200-day moving average of $139.27. Diamondback Energy, Inc. has a 52 week low of $103.71 and a 52 week high of $168.95.

Diamondback Energy (NASDAQ:FANG – Get Rating) last announced its quarterly earnings data on Monday, May 1st. The oil and natural gas company reported $4.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.33 by ($0.23). Diamondback Energy had a return on equity of 27.02% and a net margin of 47.15%. The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the business earned $5.20 earnings per share. The business’s revenue for the quarter was down 20.1% compared to the same quarter last year. On average, analysts expect that Diamondback Energy, Inc. will post 18.85 EPS for the current fiscal year.

Diamondback Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Thursday, May 11th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Wednesday, May 10th. Diamondback Energy’s dividend payout ratio (DPR) is presently 13.25%.

Wall Street Analyst Weigh In

FANG has been the topic of a number of recent research reports. StockNews.com initiated coverage on shares of Diamondback Energy in a report on Thursday, May 18th. They issued a “hold” rating on the stock. UBS Group initiated coverage on shares of Diamondback Energy in a report on Wednesday, April 19th. They issued a “buy” rating and a $177.00 target price on the stock. Raymond James upped their target price on shares of Diamondback Energy from $165.00 to $190.00 and gave the company a “strong-buy” rating in a report on Friday, April 21st. Truist Financial reduced their target price on shares of Diamondback Energy from $200.00 to $186.00 and set a “buy” rating on the stock in a report on Tuesday, April 11th. Finally, Stifel Nicolaus dropped their price objective on shares of Diamondback Energy from $180.00 to $176.00 in a research note on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $178.00.

Diamondback Energy Company Profile

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Diamondback Energy, Inc is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and exploitation of unconventional, onshore oil, and natural gas reserves. It operates through the Upstream and Midstream Services segments. The Upstream segment focuses on the Permian Basin operations in West Texas.

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June 1, 2023
Banco Bilbao Vizcaya Argentaria S.A. Boosts Stake in Waters Co. (NYSE:WAT)

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Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of Waters Co. (NYSE:WAT – Get Rating) by 5.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,742 shares of the medical instruments supplier’s stock after buying an additional 868 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Waters were worth $5,392,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in WAT. ING Groep NV boosted its position in shares of Waters by 6.6% during the 4th quarter. ING Groep NV now owns 10,001 shares of the medical instruments supplier’s stock valued at $3,426,000 after acquiring an additional 617 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Waters by 8.4% in the 4th quarter. Quadrant Capital Group LLC now owns 787 shares of the medical instruments supplier’s stock worth $270,000 after buying an additional 61 shares in the last quarter. Simplify Asset Management Inc. increased its holdings in shares of Waters by 8.8% in the 4th quarter. Simplify Asset Management Inc. now owns 1,566 shares of the medical instruments supplier’s stock worth $536,000 after buying an additional 126 shares during the last quarter. Creative Planning raised its position in shares of Waters by 19.6% during the 4th quarter. Creative Planning now owns 3,466 shares of the medical instruments supplier’s stock valued at $1,188,000 after buying an additional 567 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Waters in the 4th quarter valued at about $293,000. Hedge funds and other institutional investors own 88.58% of the company’s stock.

Waters Trading Down 1.9 %

Shares of NYSE:WAT opened at $255.57 on Wednesday. The firm has a market capitalization of $15.09 billion, a P/E ratio of 22.20, a P/E/G ratio of 2.75 and a beta of 0.85. Waters Co. has a 1 year low of $252.18 and a 1 year high of $369.00. The company has a debt-to-equity ratio of 2.38, a current ratio of 2.21 and a quick ratio of 1.59. The business’s 50-day moving average is $290.46 and its 200 day moving average is $316.98.

Waters (NYSE:WAT – Get Rating) last released its earnings results on Tuesday, May 9th. The medical instruments supplier reported $2.49 EPS for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.11). Waters had a return on equity of 149.31% and a net margin of 23.22%. The firm had revenue of $684.67 million for the quarter, compared to analyst estimates of $697.86 million. During the same period last year, the firm earned $2.80 EPS. The company’s revenue for the quarter was down .9% compared to the same quarter last year. On average, research analysts predict that Waters Co. will post 12.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on WAT. StockNews.com lowered Waters from a “buy” rating to a “hold” rating in a research note on Friday, May 12th. Wells Fargo & Company cut their price objective on shares of Waters from $345.00 to $305.00 in a research report on Wednesday, May 10th. Bank of America reduced their target price on shares of Waters from $350.00 to $315.00 in a research note on Wednesday, May 10th. Robert W. Baird cut their price target on shares of Waters from $345.00 to $288.00 in a report on Wednesday, May 10th. Finally, Stifel Nicolaus decreased their price objective on shares of Waters from $345.00 to $315.00 in a research note on Wednesday, May 10th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Waters presently has a consensus rating of “Hold” and a consensus price target of $335.27.

Waters Company Profile

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Waters Corp. engages in the provision of workflow solutions involving liquid chromatography, mass spectrometry, and thermal analysis. It operates through the Waters and TA (TA Instruments) segments. The Waters segment consists of liquid chromatography instruments, mass spectrometry, and precision chemistry consumable products and services.

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May 31, 2023
O Shaughnessy Asset Management LLC Reduces Stock Position in Tempur Sealy International, Inc. (NYSE:TPX)

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O Shaughnessy Asset Management LLC decreased its position in Tempur Sealy International, Inc. (NYSE:TPX – Get Rating) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,810 shares of the company’s stock after selling 302 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Tempur Sealy International were worth $611,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Balyasny Asset Management LLC bought a new position in shares of Tempur Sealy International in the 3rd quarter worth approximately $28,792,000. Point72 Asset Management L.P. purchased a new stake in shares of Tempur Sealy International in the third quarter worth $22,587,000. Browning West LP increased its holdings in shares of Tempur Sealy International by 9.7% during the third quarter. Browning West LP now owns 10,430,289 shares of the company’s stock valued at $251,787,000 after acquiring an additional 925,000 shares in the last quarter. Bank of Nova Scotia raised its position in shares of Tempur Sealy International by 257.1% in the 4th quarter. Bank of Nova Scotia now owns 1,035,484 shares of the company’s stock worth $35,548,000 after purchasing an additional 745,507 shares during the last quarter. Finally, Select Equity Group L.P. bought a new position in Tempur Sealy International in the 1st quarter worth about $15,416,000. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

Tempur Sealy International Price Performance

TPX opened at $37.43 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.69 and a debt-to-equity ratio of 79.80. Tempur Sealy International, Inc. has a 12-month low of $20.03 and a 12-month high of $44.28. The business’s fifty day simple moving average is $37.55 and its 200-day simple moving average is $37.24. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 0.88 and a beta of 1.69.

Tempur Sealy International (NYSE:TPX – Get Rating) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.02. Tempur Sealy International had a negative return on equity of 522.46% and a net margin of 8.39%. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the firm earned $0.69 EPS. The business’s quarterly revenue was down 2.5% on a year-over-year basis. On average, equities research analysts anticipate that Tempur Sealy International, Inc. will post 2.7 earnings per share for the current fiscal year.

Tempur Sealy International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Stockholders of record on Tuesday, May 23rd will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $0.44 annualized dividend and a dividend yield of 1.18%. Tempur Sealy International’s payout ratio is currently 19.05%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TPX shares. Wedbush decreased their target price on shares of Tempur Sealy International from $50.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday, April 20th. StockNews.com began coverage on Tempur Sealy International in a report on Thursday, May 18th. They issued a “hold” rating for the company. Truist Financial lifted their target price on shares of Tempur Sealy International from $32.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, February 1st. KeyCorp raised their target price on Tempur Sealy International from $35.00 to $48.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 1st. Finally, William Blair reissued a “market perform” rating on shares of Tempur Sealy International in a report on Monday, February 13th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $42.67.

Tempur Sealy International Profile

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Tempur Sealy International, Inc develops, manufactures, markets, and distributes bedding products. It operates through the North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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May 30, 2023
Roku, Inc. (NASDAQ:ROKU) Shares Sold by SVB Wealth LLC

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SVB Wealth LLC lowered its holdings in Roku, Inc. (NASDAQ:ROKU – Get Rating) by 94.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,423 shares of the company’s stock after selling 101,733 shares during the quarter. SVB Wealth LLC’s holdings in Roku were worth $221,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ROKU. Renaissance Technologies LLC lifted its holdings in Roku by 772.1% in the first quarter. Renaissance Technologies LLC now owns 2,808,100 shares of the company’s stock valued at $351,771,000 after acquiring an additional 2,486,100 shares during the period. Wellington Management Group LLP increased its position in shares of Roku by 97.2% in the first quarter. Wellington Management Group LLP now owns 4,174,003 shares of the company’s stock valued at $522,878,000 after buying an additional 2,057,633 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of Roku in the third quarter valued at $31,636,000. ANTIPODES PARTNERS Ltd increased its position in shares of Roku by 86.0% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 981,612 shares of the company’s stock valued at $39,951,000 after buying an additional 453,787 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Roku by 6.0% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,847,444 shares of the company’s stock valued at $319,391,000 after buying an additional 444,022 shares in the last quarter. Institutional investors and hedge funds own 66.11% of the company’s stock.

Roku Stock Performance

NASDAQ ROKU opened at $56.05 on Monday. Roku, Inc. has a fifty-two week low of $38.26 and a fifty-two week high of $105.85. The business has a 50 day moving average price of $59.12 and a two-hundred day moving average price of $56.41.

Roku (NASDAQ:ROKU – Get Rating) last released its quarterly earnings results on Wednesday, April 26th. The company reported ($1.38) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.44) by $0.06. The firm had revenue of $741.00 million during the quarter, compared to analysts’ expectations of $707.59 million. Roku had a negative return on equity of 24.71% and a negative net margin of 21.23%. Roku’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.19) EPS. As a group, sell-side analysts forecast that Roku, Inc. will post -5.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ROKU. Loop Capital raised their price target on Roku from $56.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, February 16th. SpectralCast restated a “maintains” rating on shares of Roku in a research report on Thursday, April 27th. Wolfe Research upgraded Roku from an “underperform” rating to a “peer perform” rating in a research report on Tuesday, March 14th. Morgan Stanley lifted their price objective on Roku from $45.00 to $50.00 and gave the stock an “underweight” rating in a research report on Friday, February 17th. Finally, Robert W. Baird began coverage on Roku in a research report on Tuesday, April 11th. They set a “neutral” rating and a $71.00 price objective for the company. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Roku presently has an average rating of “Hold” and an average price target of $71.04.

Insiders Place Their Bets

In other Roku news, insider Gidon Katz sold 3,694 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $57.50, for a total value of $212,405.00. Following the completion of the transaction, the insider now owns 15,450 shares in the company, valued at approximately $888,375. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, SVP Gilbert Fuchsberg sold 3,242 shares of the company’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $61.93, for a total transaction of $200,777.06. Following the sale, the senior vice president now directly owns 35,103 shares of the company’s stock, valued at approximately $2,173,928.79. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Gidon Katz sold 3,694 shares of the company’s stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $57.50, for a total value of $212,405.00. Following the sale, the insider now directly owns 15,450 shares in the company, valued at $888,375. The disclosure for this sale can be found here. Insiders sold a total of 15,748 shares of company stock worth $958,909 in the last 90 days. 13.79% of the stock is owned by company insiders.

Roku Profile

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Roku, Inc engages in the provision of a streaming platform for television. It operates through the Platform and Devices segments. The Platform segment includes digital advertising and related services including the demand-side platform and content distribution services such as subscription and transaction revenue shares, media and entertainment promotional spending, the sale of premium subscriptions, and the sale of branded channel buttons on remote controls.

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May 29, 2023
Alphabet Inc. (NASDAQ:GOOGL) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

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Connor Clark & Lunn Investment Management Ltd. trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Get Rating) by 85.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 86,008 shares of the information services provider’s stock after selling 492,398 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Alphabet were worth $7,588,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. VitalStone Financial LLC acquired a new position in shares of Alphabet in the 4th quarter valued at about $25,000. Laurel Wealth Planning LLC lifted its position in Alphabet by 1,900.0% in the 3rd quarter. Laurel Wealth Planning LLC now owns 300 shares of the information services provider’s stock valued at $29,000 after purchasing an additional 285 shares during the last quarter. Coston McIsaac & Partners lifted its position in Alphabet by 1,900.0% in the 3rd quarter. Coston McIsaac & Partners now owns 320 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 304 shares during the last quarter. McElhenny Sheffield Capital Management LLC bought a new stake in Alphabet in the 4th quarter valued at about $33,000. Finally, TFO TDC LLC lifted its position in Alphabet by 952.6% in the 3rd quarter. TFO TDC LLC now owns 400 shares of the information services provider’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. 34.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Alphabet news, Director Ann Mather sold 380 shares of the stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $90.05, for a total transaction of $34,219.00. Following the sale, the director now owns 11,300 shares of the company’s stock, valued at approximately $1,017,565. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Alphabet news, Director Ann Mather sold 380 shares of the company’s stock in a transaction dated Monday, February 27th. The shares were sold at an average price of $90.05, for a total transaction of $34,219.00. Following the transaction, the director now directly owns 11,300 shares in the company, valued at approximately $1,017,565. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frances Arnold sold 950 shares of the stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $125.25, for a total transaction of $118,987.50. Following the completion of the sale, the director now owns 13,040 shares in the company, valued at $1,633,260. The disclosure for this sale can be found here. In the last 90 days, insiders have purchased 732,217 shares of company stock valued at $21,135,371 and have sold 762,234 shares valued at $30,801,478. Insiders own 0.88% of the company’s stock.

Alphabet Trading Up 0.9 %

Shares of Alphabet stock opened at $124.61 on Friday. The firm has a market capitalization of $1.58 trillion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 1.57 and a beta of 1.10. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.35 and a quick ratio of 2.32. The company’s fifty day moving average price is $109.10 and its two-hundred day moving average price is $99.38. Alphabet Inc. has a 52-week low of $83.34 and a 52-week high of $126.43.

Alphabet (NASDAQ:GOOGL – Get Rating) last announced its quarterly earnings results on Tuesday, April 25th. The information services provider reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.11. Alphabet had a net margin of 20.58% and a return on equity of 22.84%. The firm had revenue of $69.79 billion for the quarter, compared to analyst estimates of $57.19 billion. During the same quarter in the previous year, the firm posted $1.23 EPS. On average, analysts expect that Alphabet Inc. will post 5.41 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on GOOGL shares. JMP Securities reiterated a “market outperform” rating and issued a $132.00 price objective on shares of Alphabet in a research report on Thursday, March 16th. Wells Fargo & Company boosted their price target on shares of Alphabet from $145.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, February 3rd. Rosenblatt Securities dropped their price target on shares of Alphabet from $130.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, February 3rd. Truist Financial boosted their price target on shares of Alphabet from $120.00 to $122.00 and gave the stock a “buy” rating in a research report on Wednesday, April 26th. Finally, Credit Suisse Group dropped their price target on shares of Alphabet from $136.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 26th. Four research analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $130.51.

Alphabet Company Profile

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Alphabet, Inc engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products.

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May 27, 2023
Advisor Group Holdings Inc. Raises Holdings in Medtronic plc (NYSE:MDT)

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Advisor Group Holdings Inc. increased its position in shares of Medtronic plc (NYSE:MDT – Get Rating) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 609,610 shares of the medical technology company’s stock after buying an additional 62,922 shares during the period. Advisor Group Holdings Inc.’s holdings in Medtronic were worth $47,407,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in MDT. Vanguard Group Inc. lifted its stake in shares of Medtronic by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 123,861,994 shares of the medical technology company’s stock worth $10,001,857,000 after purchasing an additional 1,056,995 shares during the last quarter. BlackRock Inc. lifted its position in shares of Medtronic by 5.1% during the third quarter. BlackRock Inc. now owns 115,998,561 shares of the medical technology company’s stock valued at $9,366,883,000 after buying an additional 5,620,477 shares during the last quarter. State Street Corp boosted its holdings in shares of Medtronic by 1.6% in the 3rd quarter. State Street Corp now owns 58,989,713 shares of the medical technology company’s stock valued at $4,802,998,000 after buying an additional 928,929 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Medtronic by 33.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 19,374,686 shares of the medical technology company’s stock worth $1,564,508,000 after buying an additional 4,816,172 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Medtronic by 4.6% during the 3rd quarter. Royal Bank of Canada now owns 13,702,223 shares of the medical technology company’s stock worth $1,106,453,000 after acquiring an additional 608,587 shares in the last quarter. 80.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MDT has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Medtronic from $80.00 to $87.00 in a report on Wednesday, February 22nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $89.00 price target on shares of Medtronic in a report on Friday, April 21st. Wells Fargo & Company upgraded shares of Medtronic from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $77.00 to $100.00 in a report on Monday, April 24th. Truist Financial lifted their target price on shares of Medtronic from $88.00 to $93.00 in a research note on Monday, April 24th. Finally, Mizuho cut their price target on shares of Medtronic from $100.00 to $95.00 and set a “buy” rating on the stock in a research note on Tuesday, January 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $90.11.

Medtronic Stock Performance

MDT opened at $89.50 on Tuesday. The firm has a fifty day moving average price of $84.32 and a 200 day moving average price of $82.04. Medtronic plc has a 1 year low of $75.76 and a 1 year high of $106.06. The stock has a market cap of $119.07 billion, a P/E ratio of 29.44, a P/E/G ratio of 2.15 and a beta of 0.71. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.76 and a quick ratio of 1.39.

Medtronic (NYSE:MDT – Get Rating) last posted its earnings results on Tuesday, February 21st. The medical technology company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.03. The business had revenue of $7.70 billion for the quarter, compared to analyst estimates of $7.53 billion. Medtronic had a net margin of 13.20% and a return on equity of 13.37%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the prior year, the company posted $1.37 EPS. Equities research analysts anticipate that Medtronic plc will post 5.28 earnings per share for the current year.

Medtronic Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 24th were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Thursday, March 23rd. Medtronic’s dividend payout ratio (DPR) is presently 89.47%.

Medtronic Company Profile

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Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiovascular Porrtfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit.

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May 23, 2023
Mirae Asset Global Investments Co. Ltd. Sells 13,375 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

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Mirae Asset Global Investments Co. Ltd. lessened its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Get Rating) by 7.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 165,862 shares of the company’s stock after selling 13,375 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Take-Two Interactive Software were worth $17,271,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TTWO. Manchester Capital Management LLC bought a new stake in Take-Two Interactive Software during the 4th quarter valued at about $254,000. Dimensional Fund Advisors LP increased its position in Take-Two Interactive Software by 4.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 912,536 shares of the company’s stock valued at $94,999,000 after purchasing an additional 39,878 shares during the period. Aviva PLC increased its position in Take-Two Interactive Software by 29.7% during the 4th quarter. Aviva PLC now owns 252,588 shares of the company’s stock valued at $26,302,000 after purchasing an additional 57,907 shares during the period. Malaga Cove Capital LLC increased its position in Take-Two Interactive Software by 45.1% during the 4th quarter. Malaga Cove Capital LLC now owns 3,130 shares of the company’s stock valued at $326,000 after purchasing an additional 973 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in Take-Two Interactive Software by 12.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 103,591 shares of the company’s stock valued at $10,787,000 after purchasing an additional 11,560 shares during the period. Institutional investors own 87.72% of the company’s stock.

Take-Two Interactive Software Stock Performance

TTWO opened at $139.63 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a fifty day moving average price of $121.09 and a 200 day moving average price of $111.54. Take-Two Interactive Software, Inc. has a 1 year low of $90.00 and a 1 year high of $141.96. The stock has a market cap of $23.55 billion, a P/E ratio of -20.44, a P/E/G ratio of 2.26 and a beta of 0.69.

Take-Two Interactive Software (NASDAQ:TTWO – Get Rating) last posted its earnings results on Wednesday, May 17th. The company reported ($3.62) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($4.30). The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a negative net margin of 21.02% and a positive return on equity of 3.48%. The business’s revenue for the quarter was up 64.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. Equities research analysts anticipate that Take-Two Interactive Software, Inc. will post 3.2 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on TTWO. Credit Suisse Group raised their target price on shares of Take-Two Interactive Software from $122.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, February 3rd. Wedbush raised their target price on shares of Take-Two Interactive Software from $130.00 to $154.00 in a research report on Thursday. Stifel Nicolaus raised their target price on shares of Take-Two Interactive Software from $150.00 to $165.00 in a research report on Thursday. BNP Paribas downgraded shares of Take-Two Interactive Software from an “outperform” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Wednesday, April 12th. Finally, BMO Capital Markets boosted their target price on shares of Take-Two Interactive Software from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.27.

Insiders Place Their Bets

In other Take-Two Interactive Software news, President Karl Slatoff sold 68,351 shares of the company’s stock in a transaction on Thursday, April 13th. The shares were sold at an average price of $122.12, for a total transaction of $8,347,024.12. Following the completion of the transaction, the president now directly owns 262,678 shares in the company, valued at $32,078,237.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.13% of the stock is currently owned by company insiders.

Take-Two Interactive Software Profile

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Take-Two Interactive Software, Inc engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers, including smart phones and tablets, and are delivered through physical retail, digital download, online platforms, and cloud streaming services.

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May 19, 2023
Puzo Michael J Trims Holdings in Exxon Mobil Co. (NYSE:XOM)

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Puzo Michael J reduced its holdings in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,395 shares of the oil and gas company’s stock after selling 1,315 shares during the quarter. Exxon Mobil accounts for about 1.6% of Puzo Michael J’s investment portfolio, making the stock its 27th largest holding. Puzo Michael J’s holdings in Exxon Mobil were worth $4,345,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. OLD Second National Bank of Aurora raised its position in shares of Exxon Mobil by 12.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 4,200 shares of the oil and gas company’s stock valued at $463,000 after acquiring an additional 452 shares in the last quarter. Jennison Associates LLC raised its position in shares of Exxon Mobil by 70.4% during the 4th quarter. Jennison Associates LLC now owns 315,716 shares of the oil and gas company’s stock valued at $34,823,000 after acquiring an additional 130,439 shares in the last quarter. Knuff & Co LLC raised its position in shares of Exxon Mobil by 156.8% during the 4th quarter. Knuff & Co LLC now owns 71,605 shares of the oil and gas company’s stock valued at $7,898,000 after acquiring an additional 43,718 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Exxon Mobil by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 29,023,605 shares of the oil and gas company’s stock valued at $3,200,996,000 after acquiring an additional 754,342 shares in the last quarter. Finally, McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $1,131,000. 57.49% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Trading Up 0.2 %

NYSE:XOM opened at $105.07 on Tuesday. The stock has a fifty day simple moving average of $110.54 and a 200 day simple moving average of $110.90. The firm has a market capitalization of $424.80 billion, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of 0.51 and a beta of 1.09. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.19. Exxon Mobil Co. has a 1-year low of $80.69 and a 1-year high of $119.92.

Exxon Mobil (NYSE:XOM – Get Rating) last announced its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.18. The firm had revenue of $86.56 billion during the quarter, compared to the consensus estimate of $90.07 billion. Exxon Mobil had a return on equity of 31.48% and a net margin of 15.06%. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.07 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 10.01 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Tuesday, May 16th will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend is Monday, May 15th. Exxon Mobil’s dividend payout ratio is currently 24.64%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $116.11, for a total transaction of $290,275.00. Following the completion of the sale, the vice president now directly owns 29,272 shares of the company’s stock, valued at approximately $3,398,771.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group dropped their price target on Exxon Mobil from $148.00 to $140.00 in a research report on Monday. StockNews.com started coverage on Exxon Mobil in a research report on Thursday, March 16th. They issued a “hold” rating on the stock. HSBC increased their target price on Exxon Mobil from $113.50 to $115.50 and gave the stock a “hold” rating in a research report on Thursday, April 20th. UBS Group raised Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the stock from $125.00 to $144.00 in a research report on Tuesday, April 18th. Finally, Piper Sandler dropped their target price on Exxon Mobil from $135.00 to $134.00 and set an “overweight” rating on the stock in a research report on Thursday, April 20th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.57.

About Exxon Mobil

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.

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May 16, 2023
Dimensional Fund Advisors LP Boosts Holdings in Bank OZK (NASDAQ:OZK)

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Dimensional Fund Advisors LP increased its stake in Bank OZK (NASDAQ:OZK – Get Rating) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,927,355 shares of the company’s stock after buying an additional 230,108 shares during the period. Dimensional Fund Advisors LP owned 5.52% of Bank OZK worth $277,510,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. State Street Corp boosted its stake in Bank OZK by 3.6% in the 3rd quarter. State Street Corp now owns 12,694,232 shares of the company’s stock worth $502,184,000 after purchasing an additional 442,288 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Bank OZK by 6.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,565,671 shares of the company’s stock worth $109,555,000 after purchasing an additional 156,127 shares during the last quarter. Jarislowsky Fraser Ltd lifted its stake in Bank OZK by 11.8% in the 3rd quarter. Jarislowsky Fraser Ltd now owns 2,102,579 shares of the company’s stock worth $83,178,000 after purchasing an additional 221,230 shares in the last quarter. Copeland Capital Management LLC boosted its stake in Bank OZK by 15.0% during the fourth quarter. Copeland Capital Management LLC now owns 1,803,267 shares of the company’s stock worth $72,239,000 after buying an additional 235,072 shares during the last quarter. Finally, Newport Trust Co grew its holdings in shares of Bank OZK by 0.6% in the fourth quarter. Newport Trust Co now owns 1,185,484 shares of the company’s stock valued at $47,490,000 after purchasing an additional 7,169 shares during the period. 76.17% of the stock is owned by hedge funds and other institutional investors.

Bank OZK Stock Up 1.1 %

Shares of NASDAQ:OZK opened at $31.66 on Monday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.02. The company’s fifty day moving average is $34.98 and its two-hundred day moving average is $40.71. Bank OZK has a 1-year low of $30.72 and a 1-year high of $49.52. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 6.42 and a beta of 1.37.

Bank OZK (NASDAQ:OZK – Get Rating) last released its earnings results on Friday, April 21st. The company reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.02). Bank OZK had a return on equity of 13.95% and a net margin of 38.48%. The firm had revenue of $375.30 million during the quarter, compared to analyst estimates of $361.56 million. During the same quarter last year, the company earned $1.02 earnings per share. The business’s revenue for the quarter was up 33.2% on a year-over-year basis. Equities analysts anticipate that Bank OZK will post 5.78 EPS for the current year.

Bank OZK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 21st. Investors of record on Friday, April 14th were issued a dividend of $0.35 per share. This is an increase from Bank OZK’s previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a dividend yield of 4.42%. The ex-dividend date was Thursday, April 13th. Bank OZK’s dividend payout ratio is currently 28.40%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on OZK. StockNews.com downgraded Bank OZK from a “hold” rating to a “sell” rating in a report on Wednesday, April 12th. UBS Group boosted their target price on shares of Bank OZK from $41.00 to $42.00 in a research note on Monday, April 24th. Truist Financial reduced their price target on shares of Bank OZK from $40.00 to $38.00 in a research report on Monday, April 24th. Stephens restated an “equal weight” rating and issued a $41.00 price objective on shares of Bank OZK in a research note on Friday, April 21st. Finally, Keefe, Bruyette & Woods lowered their price objective on Bank OZK from $40.00 to $35.00 and set a “market perform” rating on the stock in a report on Thursday, April 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, Bank OZK presently has an average rating of “Hold” and a consensus price target of $40.57.

About Bank OZK

(Get Rating)

Bank OZK engages in the provision of community banking services. The firm offers deposit services such as checking, savings, money market, time deposit, and individual retirement accounts. It also provides loan services including types of real estate, consumer, commercial, industrial, and agricultural loans.

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May 15, 2023
Foster & Motley Inc. Sells 462 Shares of Ziff Davis, Inc. (NASDAQ:ZD)

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Foster & Motley Inc. reduced its position in shares of Ziff Davis, Inc. (NASDAQ:ZD – Get Rating) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,972 shares of the technology company’s stock after selling 462 shares during the quarter. Foster & Motley Inc.’s holdings in Ziff Davis were worth $551,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Lingohr & Partner Asset Management GmbH increased its holdings in Ziff Davis by 2.7% during the 3rd quarter. Lingohr & Partner Asset Management GmbH now owns 4,827 shares of the technology company’s stock worth $374,000 after purchasing an additional 127 shares during the period. State Board of Administration of Florida Retirement System increased its holdings in Ziff Davis by 1.2% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 12,995 shares of the technology company’s stock worth $1,028,000 after purchasing an additional 150 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Ziff Davis by 11.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,930 shares of the technology company’s stock worth $132,000 after purchasing an additional 191 shares during the period. Prudential Financial Inc. increased its holdings in Ziff Davis by 1.7% during the 3rd quarter. Prudential Financial Inc. now owns 13,427 shares of the technology company’s stock worth $919,000 after purchasing an additional 222 shares during the period. Finally, Zions Bancorporation N.A. purchased a new position in Ziff Davis during the 1st quarter worth $25,000. 99.11% of the stock is currently owned by hedge funds and other institutional investors.

Ziff Davis Stock Performance

Shares of ZD stock opened at $62.71 on Friday. The stock has a market cap of $2.96 billion, a PE ratio of 108.12 and a beta of 1.16. The business has a 50-day simple moving average of $73.78 and a 200-day simple moving average of $80.46. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.53. Ziff Davis, Inc. has a 52-week low of $62.14 and a 52-week high of $94.58.

Ziff Davis (NASDAQ:ZD – Get Rating) last released its quarterly earnings results on Wednesday, February 15th. The technology company reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.34 by ($0.22). The business had revenue of $396.70 million during the quarter, compared to analyst estimates of $400.54 million. Ziff Davis had a return on equity of 15.76% and a net margin of 4.58%. On average, equities analysts expect that Ziff Davis, Inc. will post 5.79 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Wedbush cut their price target on Ziff Davis from $93.00 to $80.00 in a report on Thursday. TheStreet downgraded Ziff Davis from a “b-” rating to a “c” rating in a report on Tuesday. Citigroup dropped their target price on Ziff Davis from $100.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday, February 17th. Finally, Barclays dropped their target price on Ziff Davis from $85.00 to $75.00 in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $96.50.

Ziff Davis Profile

(Get Rating)

Ziff Davis, Inc is a digital media and internet company. It operates through the following segments: Digital Media and Cybersecurity and Martech. The Digital Media segment consists of a portfolio of web properties and apps which include IGN, RetailMeNot, Mashable, PCMag, Humble Bundle,Speedtest, Offers, Black Friday, MedPageToday, Everyday Health, BabyCenter and What to Expect, among others.

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May 14, 2023
Thrivent Financial for Lutherans Cuts Stock Position in IDEX Co. (NYSE:IEX)

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Thrivent Financial for Lutherans lessened its holdings in shares of IDEX Co. (NYSE:IEX – Get Rating) by 15.7% during the 4th quarter, HoldingsChannel reports. The firm owned 156,731 shares of the industrial products company’s stock after selling 29,105 shares during the period. Thrivent Financial for Lutherans’ holdings in IDEX were worth $35,786,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust boosted its position in shares of IDEX by 120.3% during the 1st quarter. Parkside Financial Bank & Trust now owns 141 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 77 shares during the last quarter. General Partner Inc. acquired a new position in shares of IDEX during the 4th quarter valued at about $46,000. Harvest Fund Management Co. Ltd acquired a new position in shares of IDEX during the 4th quarter valued at about $66,000. Covington Capital Management lifted its position in IDEX by 120.7% in the third quarter. Covington Capital Management now owns 331 shares of the industrial products company’s stock valued at $66,000 after buying an additional 181 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in IDEX by 1,277.1% in the third quarter. IFP Advisors Inc now owns 482 shares of the industrial products company’s stock valued at $70,000 after buying an additional 447 shares during the last quarter. Institutional investors and hedge funds own 96.58% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on IEX. Mizuho cut their price target on shares of IDEX from $227.00 to $200.00 in a research note on Friday, April 28th. Robert W. Baird cut their target price on shares of IDEX from $255.00 to $230.00 in a research note on Friday, April 28th. Stifel Nicolaus upped their target price on shares of IDEX from $242.00 to $246.00 and gave the stock a “hold” rating in a research note on Monday, April 17th. StockNews.com upgraded shares of IDEX from a “hold” rating to a “buy” rating in a research note on Tuesday, April 25th. Finally, Citigroup lowered their price target on IDEX from $273.00 to $268.00 and set a “buy” rating for the company in a report on Thursday, February 2nd. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, IDEX has a consensus rating of “Moderate Buy” and an average target price of $236.17.

Insiders Place Their Bets

In other IDEX news, CFO William K. Grogan sold 3,181 shares of the stock in a transaction on Thursday, February 9th. The stock was sold at an average price of $226.36, for a total value of $720,051.16. Following the completion of the transaction, the chief financial officer now owns 13,864 shares in the company, valued at $3,138,255.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by company insiders.

IDEX Price Performance

Shares of NYSE IEX opened at $210.64 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.10 and a quick ratio of 2.09. The stock has a fifty day moving average price of $219.00 and a 200 day moving average price of $225.84. IDEX Co. has a 1-year low of $172.18 and a 1-year high of $246.23. The company has a market cap of $15.92 billion, a PE ratio of 27.29, a P/E/G ratio of 2.07 and a beta of 1.00.

IDEX (NYSE:IEX – Get Rating) last released its quarterly earnings data on Wednesday, April 26th. The industrial products company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.07. The firm had revenue of $845.40 million during the quarter, compared to analysts’ expectations of $818.87 million. IDEX had a return on equity of 21.14% and a net margin of 17.91%. IDEX’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 earnings per share. Sell-side analysts forecast that IDEX Co. will post 8.5 EPS for the current year.

About IDEX

(Get Rating)

IDEX Corp. engages in the provision of engineering solutions. It operates through the following segments: Fluid and Metering Technologies, Health and Science Technologies, and Fire and Safety or Diversified Products. The Fluid and Metering Technologies segment is involved in the design, production, and distribution of displacement pumps, valves, flow meters, injectors, and fluid-handling pump modules and systems.

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May 9, 2023
10,421 Shares in Royce Micro-Cap Trust, Inc. (NYSE:RMT) Purchased by Nations Financial Group Inc. IA ADV

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Nations Financial Group Inc. IA ADV purchased a new position in shares of Royce Micro-Cap Trust, Inc. (NYSE:RMT – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,421 shares of the financial services provider’s stock, valued at approximately $90,000.

Other large investors have also recently added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC raised its holdings in Royce Micro-Cap Trust by 38.7% during the first quarter. Carolinas Wealth Consulting LLC now owns 9,342 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 2,607 shares in the last quarter. Creative Planning increased its holdings in Royce Micro-Cap Trust by 37.1% in the second quarter. Creative Planning now owns 14,410 shares of the financial services provider’s stock valued at $120,000 after buying an additional 3,902 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Royce Micro-Cap Trust in the third quarter valued at about $128,000. Clough Capital Partners L P purchased a new position in Royce Micro-Cap Trust in the third quarter valued at about $208,000. Finally, NewEdge Advisors LLC increased its holdings in Royce Micro-Cap Trust by 14.3% in the second quarter. NewEdge Advisors LLC now owns 28,823 shares of the financial services provider’s stock valued at $241,000 after buying an additional 3,600 shares in the last quarter. 29.47% of the stock is owned by hedge funds and other institutional investors.

Royce Micro-Cap Trust Stock Up 1.3 %

Shares of Royce Micro-Cap Trust stock opened at $8.10 on Friday. The company has a 50-day moving average of $8.60 and a two-hundred day moving average of $8.93. Royce Micro-Cap Trust, Inc. has a 12-month low of $7.76 and a 12-month high of $9.98.

Royce Micro-Cap Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Monday, March 13th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, March 10th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.89%.

About Royce Micro-Cap Trust

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Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.

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May 7, 2023
Nations Financial Group Inc. IA ADV Acquires 2,068 Shares of Gilead Sciences, Inc. (NASDAQ:GILD)

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Nations Financial Group Inc. IA ADV lifted its holdings in shares of Gilead Sciences, Inc. (NASDAQ:GILD – Get Rating) by 60.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,501 shares of the biopharmaceutical company’s stock after purchasing an additional 2,068 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Gilead Sciences were worth $472,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Legacy Bridge LLC bought a new position in shares of Gilead Sciences during the 4th quarter valued at $30,000. Concord Wealth Partners bought a new stake in Gilead Sciences in the 4th quarter worth $33,000. Hanseatic Management Services Inc. bought a new stake in Gilead Sciences in the 4th quarter worth $37,000. EWG Elevate Inc. bought a new stake in Gilead Sciences in the 4th quarter worth $45,000. Finally, Duncker Streett & Co. Inc. grew its holdings in Gilead Sciences by 266.7% in the 4th quarter. Duncker Streett & Co. Inc. now owns 550 shares of the biopharmaceutical company’s stock worth $47,000 after acquiring an additional 400 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Insiders Place Their Bets

In other Gilead Sciences news, insider Merdad Parsey sold 6,126 shares of the company’s stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $78.99, for a total value of $483,892.74. Following the completion of the transaction, the insider now directly owns 70,130 shares in the company, valued at $5,539,568.70. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

Gilead Sciences Stock Performance

Shares of GILD stock opened at $78.52 on Friday. The company has a 50 day moving average price of $81.47 and a 200-day moving average price of $82.60. Gilead Sciences, Inc. has a 52 week low of $57.17 and a 52 week high of $89.74. The firm has a market capitalization of $98.06 billion, a PE ratio of 17.72, a P/E/G ratio of 0.91 and a beta of 0.38. The company has a quick ratio of 1.08, a current ratio of 1.37 and a debt-to-equity ratio of 1.14.

Gilead Sciences (NASDAQ:GILD – Get Rating) last announced its earnings results on Thursday, April 27th. The biopharmaceutical company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.26). The business had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.33 billion. Gilead Sciences had a net margin of 20.65% and a return on equity of 39.35%. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 earnings per share. As a group, equities research analysts expect that Gilead Sciences, Inc. will post 6.75 earnings per share for the current year.

Gilead Sciences Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 29th. Shareholders of record on Thursday, June 15th will be given a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.82%. Gilead Sciences’s payout ratio is currently 67.72%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Mizuho raised their price target on shares of Gilead Sciences from $88.00 to $101.00 and gave the stock a “buy” rating in a report on Tuesday, February 14th. Barclays lifted their target price on shares of Gilead Sciences from $76.00 to $84.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 18th. Morgan Stanley lifted their target price on shares of Gilead Sciences from $81.00 to $85.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 12th. Piper Sandler lifted their target price on shares of Gilead Sciences from $111.00 to $112.00 and gave the company an “overweight” rating in a research note on Friday, February 3rd. Finally, StockNews.com initiated coverage on shares of Gilead Sciences in a research note on Thursday, March 16th. They set a “strong-buy” rating on the stock. Nine research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Gilead Sciences currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.60.

Gilead Sciences Company Profile

(Get Rating)

Gilead Sciences, Inc is a biopharmaceutical company, which engages in the research, development, and commercialization of medicines in areas of unmet medical need. The firm’s primary areas of focus include human immunodeficiency virus, acquired immunodeficiency syndrome, liver diseases, hematology, oncology, and inflammation and respiratory diseases.

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May 5, 2023
Benjamin F. Edwards & Company Inc. Increases Position in Eaton Co. plc (NYSE:ETN)

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Benjamin F. Edwards & Company Inc. boosted its stake in Eaton Co. plc (NYSE:ETN – Get Rating) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,771 shares of the industrial products company’s stock after acquiring an additional 157 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Eaton were worth $1,220,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Horan Securities Inc. raised its stake in shares of Eaton by 228.6% during the fourth quarter. Horan Securities Inc. now owns 161 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 112 shares during the last quarter. Hollencrest Capital Management acquired a new position in Eaton in the 4th quarter valued at $28,000. RFP Financial Group LLC purchased a new position in Eaton during the 4th quarter worth $30,000. WFA of San Diego LLC purchased a new stake in shares of Eaton in the fourth quarter valued at about $31,000. Finally, Capital Directions Investment Advisors LLC acquired a new position in shares of Eaton during the fourth quarter worth about $31,000. 80.19% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ETN. Mizuho boosted their target price on Eaton from $168.00 to $180.00 in a research report on Wednesday. UBS Group raised their target price on Eaton from $173.00 to $197.00 in a report on Tuesday, March 14th. Bank of America boosted their target price on shares of Eaton from $180.00 to $200.00 in a research report on Wednesday, March 8th. Morgan Stanley increased their price target on shares of Eaton from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Eaton from $188.00 to $189.00 and gave the stock a “buy” rating in a research report on Wednesday, April 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $174.17.

Eaton Trading Down 0.5 %

Eaton stock opened at $172.38 on Thursday. The stock has a 50-day moving average price of $166.87 and a 200 day moving average price of $162.04. The company has a current ratio of 1.38, a quick ratio of 0.84 and a debt-to-equity ratio of 0.49. The stock has a market cap of $68.70 billion, a PE ratio of 28.03, a P/E/G ratio of 1.85 and a beta of 1.12. Eaton Co. plc has a 52 week low of $122.50 and a 52 week high of $178.75.

Eaton (NYSE:ETN – Get Rating) last issued its quarterly earnings results on Tuesday, May 2nd. The industrial products company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.10. The company had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.23 billion. Eaton had a return on equity of 18.31% and a net margin of 11.86%. Eaton’s revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.62 EPS. Equities research analysts predict that Eaton Co. plc will post 8.25 earnings per share for the current fiscal year.

Eaton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Investors of record on Monday, May 8th will be issued a $0.86 dividend. The ex-dividend date of this dividend is Friday, May 5th. This represents a $3.44 dividend on an annualized basis and a yield of 2.00%. Eaton’s payout ratio is 55.93%.

Insider Buying and Selling

In related news, insider Joao V. Faria sold 2,000 shares of the stock in a transaction on Friday, February 10th. The stock was sold at an average price of $169.00, for a total value of $338,000.00. Following the transaction, the insider now directly owns 67,166 shares of the company’s stock, valued at approximately $11,351,054. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, insider Joao V. Faria sold 2,000 shares of the firm’s stock in a transaction on Friday, February 10th. The shares were sold at an average price of $169.00, for a total value of $338,000.00. Following the transaction, the insider now owns 67,166 shares of the company’s stock, valued at approximately $11,351,054. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Joao V. Faria sold 2,326 shares of the company’s stock in a transaction on Wednesday, February 22nd. The stock was sold at an average price of $171.23, for a total transaction of $398,280.98. Following the sale, the insider now directly owns 77,626 shares of the company’s stock, valued at $13,291,899.98. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,377 shares of company stock valued at $5,864,193. Insiders own 0.53% of the company’s stock.

Eaton Company Profile

(Get Rating)

Eaton Corp. Plc is a power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: Electrical Americas and Electrical Global, Aerospace, Vehicle, and eMobility. The Electrical Americas and Electrical Global segments engage in sales contracts for electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality, wiring devices, circuit protection, utility power distribution, power reliability equipment, and service.

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May 4, 2023
Metis Global Partners LLC Purchases 5,630 Shares of DuPont de Nemours, Inc. (NYSE:DD)

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Metis Global Partners LLC grew its position in DuPont de Nemours, Inc. (NYSE:DD – Get Rating) by 74.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,196 shares of the basic materials company’s stock after buying an additional 5,630 shares during the quarter. Metis Global Partners LLC’s holdings in DuPont de Nemours were worth $906,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DD. Fairfield Bush & CO. bought a new stake in shares of DuPont de Nemours in the first quarter valued at about $50,000. United Bank boosted its position in DuPont de Nemours by 7.6% during the first quarter. United Bank now owns 11,482 shares of the basic materials company’s stock valued at $845,000 after purchasing an additional 810 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in DuPont de Nemours during the first quarter valued at approximately $195,000. Blair William & Co. IL boosted its position in DuPont de Nemours by 0.9% during the first quarter. Blair William & Co. IL now owns 94,648 shares of the basic materials company’s stock valued at $6,964,000 after purchasing an additional 866 shares during the last quarter. Finally, Prudential PLC acquired a new position in DuPont de Nemours during the first quarter valued at approximately $821,000. 71.91% of the stock is currently owned by institutional investors.

DuPont de Nemours Price Performance

DuPont de Nemours stock opened at $65.03 on Wednesday. The stock’s fifty day moving average price is $70.45 and its two-hundred day moving average price is $69.61. DuPont de Nemours, Inc. has a one year low of $49.52 and a one year high of $78.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.02 and a quick ratio of 2.40. The firm has a market cap of $29.85 billion, a PE ratio of 5.46, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41.

DuPont de Nemours (NYSE:DD – Get Rating) last posted its quarterly earnings data on Tuesday, February 7th. The basic materials company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.10. DuPont de Nemours had a return on equity of 6.45% and a net margin of 44.54%. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the company earned $1.08 EPS. The company’s revenue was down 27.9% on a year-over-year basis. As a group, research analysts expect that DuPont de Nemours, Inc. will post 3.71 EPS for the current fiscal year.

DuPont de Nemours Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be paid a $0.36 dividend. The ex-dividend date is Tuesday, May 30th. This represents a $1.44 annualized dividend and a dividend yield of 2.21%. DuPont de Nemours’s payout ratio is 12.08%.

Wall Street Analyst Weigh In

Several research analysts recently commented on DD shares. Royal Bank of Canada increased their price target on DuPont de Nemours from $85.00 to $92.00 and gave the company an “outperform” rating in a research report on Thursday, February 9th. Barclays reduced their price target on DuPont de Nemours from $80.00 to $76.00 and set an “equal weight” rating for the company in a research report on Monday, April 10th. StockNews.com started coverage on DuPont de Nemours in a research report on Thursday, March 16th. They issued a “hold” rating for the company. Wells Fargo & Company raised their price objective on DuPont de Nemours from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, February 8th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on DuPont de Nemours from $80.00 to $82.00 and gave the company a “hold” rating in a research report on Thursday, February 9th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.86.

DuPont de Nemours Profile

(Get Rating)

DuPont de Nemours, Inc operates as a holding company engaged in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Industrial, Water & Protection, and Corporate & Others. The Electronics & Industrial segment supplies differentiated materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries.

Further Reading

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May 3, 2023
Intel Co. (NASDAQ:INTC) Shares Sold by Brinker Capital Investments LLC

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Brinker Capital Investments LLC decreased its holdings in shares of Intel Co. (NASDAQ:INTC – Get Rating) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,332 shares of the chip maker’s stock after selling 8,424 shares during the period. Brinker Capital Investments LLC’s holdings in Intel were worth $1,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Intel by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 361,644,210 shares of the chip maker’s stock worth $9,319,571,000 after purchasing an additional 3,842,416 shares during the period. State Street Corp boosted its stake in shares of Intel by 2.3% during the 3rd quarter. State Street Corp now owns 180,279,279 shares of the chip maker’s stock worth $4,645,797,000 after acquiring an additional 4,129,574 shares in the last quarter. Primecap Management Co. CA boosted its stake in shares of Intel by 7.2% during the 3rd quarter. Primecap Management Co. CA now owns 52,117,226 shares of the chip maker’s stock worth $1,343,061,000 after acquiring an additional 3,518,980 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Intel by 6.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 22,354,790 shares of the chip maker’s stock worth $1,107,904,000 after acquiring an additional 1,332,635 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of Intel by 4,407.3% during the 1st quarter. Clearbridge Investments LLC now owns 16,439,207 shares of the chip maker’s stock worth $814,727,000 after acquiring an additional 16,074,485 shares in the last quarter. Institutional investors and hedge funds own 59.48% of the company’s stock.

Intel Stock Down 2.4 %

NASDAQ:INTC opened at $30.30 on Tuesday. The company has a market capitalization of $125.35 billion, a price-to-earnings ratio of -44.56, a price-to-earnings-growth ratio of 9.76 and a beta of 0.88. Intel Co. has a one year low of $24.59 and a one year high of $46.64. The stock has a 50-day simple moving average of $29.28 and a 200 day simple moving average of $28.66. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.16 and a current ratio of 1.57.

Intel (NASDAQ:INTC – Get Rating) last posted its quarterly earnings results on Thursday, April 27th. The chip maker reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.12. The business had revenue of $11.72 billion during the quarter, compared to the consensus estimate of $11.13 billion. Intel had a positive return on equity of 3.05% and a negative net margin of 5.06%. The company’s revenue for the quarter was down 36.2% compared to the same quarter last year. During the same period last year, the firm earned $0.87 earnings per share. Sell-side analysts predict that Intel Co. will post 0.54 EPS for the current fiscal year.

Intel Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Sunday, May 7th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Thursday, May 4th. This represents a $0.50 dividend on an annualized basis and a yield of 1.65%. Intel’s payout ratio is currently -73.53%.

Insider Buying and Selling at Intel

In related news, CEO Patrick P. Gelsinger bought 9,700 shares of the firm’s stock in a transaction on Thursday, February 23rd. The stock was bought at an average cost of $25.68 per share, for a total transaction of $249,096.00. Following the completion of the purchase, the chief executive officer now directly owns 18,700 shares in the company, valued at approximately $480,216. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.04% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

INTC has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on Intel from $26.00 to $32.00 in a research note on Friday. Benchmark upgraded Intel from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a report on Friday. Robert W. Baird decreased their price objective on Intel from $34.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday, January 27th. Deutsche Bank Aktiengesellschaft lifted their target price on Intel from $28.00 to $32.00 in a report on Thursday, March 30th. Finally, Rosenblatt Securities reiterated a “sell” rating and issued a $17.00 target price on shares of Intel in a report on Thursday, March 30th. Eight research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $31.52.

Intel Profile

(Get Rating)

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The firm operates through the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX), Mobileye, Accelerated Computing Systems and Graphics (AXG), Intel Foundry Services (IFS), and All Other.

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May 2, 2023
South Dakota Investment Council Cuts Position in Meritage Homes Co. (NYSE:MTH)

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South Dakota Investment Council trimmed its stake in Meritage Homes Co. (NYSE:MTH – Get Rating) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,966 shares of the construction company’s stock after selling 2,038 shares during the period. South Dakota Investment Council’s holdings in Meritage Homes were worth $7,926,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MTH. Bailard Inc. bought a new stake in shares of Meritage Homes during the 4th quarter worth approximately $267,000. Watershed Asset Management L.L.C. lifted its stake in shares of Meritage Homes by 5.6% during the 3rd quarter. Watershed Asset Management L.L.C. now owns 3,590 shares of the construction company’s stock worth $252,000 after acquiring an additional 190 shares during the last quarter. 180 Wealth Advisors LLC lifted its stake in shares of Meritage Homes by 37.2% during the 4th quarter. 180 Wealth Advisors LLC now owns 5,701 shares of the construction company’s stock worth $603,000 after acquiring an additional 1,546 shares during the last quarter. Greenhaven Associates Inc. lifted its stake in shares of Meritage Homes by 3.4% during the 4th quarter. Greenhaven Associates Inc. now owns 819,751 shares of the construction company’s stock worth $75,581,000 after acquiring an additional 26,766 shares during the last quarter. Finally, Carlson Capital L P lifted its stake in shares of Meritage Homes by 3.0% during the 3rd quarter. Carlson Capital L P now owns 153,045 shares of the construction company’s stock worth $10,754,000 after acquiring an additional 4,486 shares during the last quarter. 95.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MTH shares. Wedbush reissued an “outperform” rating and set a $132.00 price target on shares of Meritage Homes in a research note on Wednesday, April 12th. JPMorgan Chase & Co. raised Meritage Homes from a “neutral” rating to an “overweight” rating and set a $129.00 target price for the company in a research report on Monday, March 6th. Credit Suisse Group lifted their target price on Meritage Homes from $106.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, February 3rd. The Goldman Sachs Group lifted their target price on Meritage Homes from $87.00 to $103.00 and gave the company a “neutral” rating in a research report on Thursday, January 12th. Finally, StockNews.com upgraded Meritage Homes from a “hold” rating to a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $115.14.

Meritage Homes Stock Up 4.8 %

Shares of MTH stock opened at $128.05 on Monday. Meritage Homes Co. has a 1-year low of $62.51 and a 1-year high of $130.68. The stock’s fifty day moving average price is $114.50 and its 200 day moving average price is $99.14. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.72. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 5.23 and a beta of 1.58.

Meritage Homes (NYSE:MTH – Get Rating) last announced its earnings results on Wednesday, April 26th. The construction company reported $3.54 earnings per share for the quarter, topping the consensus estimate of $2.51 by $1.03. Meritage Homes had a return on equity of 23.99% and a net margin of 14.44%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the business earned $5.79 EPS. The firm’s revenue for the quarter was down .6% on a year-over-year basis. On average, research analysts expect that Meritage Homes Co. will post 13.07 earnings per share for the current fiscal year.

Meritage Homes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Wednesday, March 15th were given a dividend of $0.27 per share. The ex-dividend date was Tuesday, March 14th. This represents a $1.08 dividend on an annualized basis and a yield of 0.84%. Meritage Homes’s dividend payout ratio is currently 4.41%.

Insiders Place Their Bets

In other Meritage Homes news, CAO Alison Sasser sold 345 shares of Meritage Homes stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $114.16, for a total transaction of $39,385.20. Following the completion of the sale, the chief accounting officer now owns 880 shares of the company’s stock, valued at approximately $100,460.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Meritage Homes news, CAO Alison Sasser sold 345 shares of Meritage Homes stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $114.16, for a total transaction of $39,385.20. Following the completion of the sale, the chief accounting officer now owns 880 shares of the company’s stock, valued at approximately $100,460.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Clinton Szubinski sold 776 shares of Meritage Homes stock in a transaction dated Tuesday, February 14th. The stock was sold at an average price of $114.16, for a total value of $88,588.16. Following the sale, the chief operating officer now directly owns 3,615 shares of the company’s stock, valued at approximately $412,688.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,683 shares of company stock valued at $1,290,994. 2.00% of the stock is owned by company insiders.

About Meritage Homes

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Meritage Homes Corp. engages in the design and construction of single family attached and detached homes. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops lands, constructs homes, markets and sells those homes, and provides warranty and customer services.

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May 1, 2023
Glass Jacobson Investment Advisors llc Invests $78,000 in Medtronic plc (NYSE:MDT)

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Glass Jacobson Investment Advisors llc bought a new position in Medtronic plc (NYSE:MDT – Get Rating) in the 4th quarter, Holdings Channel.com reports. The fund bought 1,000 shares of the medical technology company’s stock, valued at approximately $78,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brinker Capital Investments LLC increased its position in shares of Medtronic by 6.7% in the 4th quarter. Brinker Capital Investments LLC now owns 40,243 shares of the medical technology company’s stock worth $3,128,000 after purchasing an additional 2,535 shares during the last quarter. Westpac Banking Corp increased its position in shares of Medtronic by 0.4% in the 4th quarter. Westpac Banking Corp now owns 114,823 shares of the medical technology company’s stock worth $8,924,000 after purchasing an additional 463 shares during the last quarter. Bogart Wealth LLC increased its position in shares of Medtronic by 20.3% in the 4th quarter. Bogart Wealth LLC now owns 46,998 shares of the medical technology company’s stock worth $3,653,000 after purchasing an additional 7,945 shares during the last quarter. Ropes Wealth Advisors LLC increased its position in shares of Medtronic by 14.3% in the 4th quarter. Ropes Wealth Advisors LLC now owns 3,981 shares of the medical technology company’s stock worth $309,000 after purchasing an additional 497 shares during the last quarter. Finally, Glassman Wealth Services increased its position in shares of Medtronic by 9.5% in the 4th quarter. Glassman Wealth Services now owns 2,705 shares of the medical technology company’s stock worth $210,000 after purchasing an additional 235 shares during the last quarter. Institutional investors own 80.37% of the company’s stock.

Medtronic Trading Down 0.5 %

Shares of NYSE:MDT opened at $90.95 on Friday. The company has a 50 day moving average of $81.86 and a 200-day moving average of $81.47. The firm has a market cap of $121.00 billion, a P/E ratio of 29.92, a P/E/G ratio of 2.16 and a beta of 0.71. Medtronic plc has a twelve month low of $75.76 and a twelve month high of $106.63. The company has a current ratio of 1.76, a quick ratio of 1.39 and a debt-to-equity ratio of 0.43.

Medtronic (NYSE:MDT – Get Rating) last issued its quarterly earnings results on Tuesday, February 21st. The medical technology company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The company had revenue of $7.70 billion during the quarter, compared to analyst estimates of $7.53 billion. Medtronic had a net margin of 13.20% and a return on equity of 13.37%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.37 EPS. As a group, analysts anticipate that Medtronic plc will post 5.28 earnings per share for the current fiscal year.

Medtronic Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 14th. Stockholders of record on Friday, March 24th were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 2.99%. The ex-dividend date of this dividend was Thursday, March 23rd. Medtronic’s dividend payout ratio is currently 89.47%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MDT. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Medtronic from $80.00 to $87.00 in a report on Wednesday, February 22nd. Mizuho decreased their price target on shares of Medtronic from $100.00 to $95.00 and set a “buy” rating for the company in a report on Tuesday, January 24th. UBS Group lowered shares of Medtronic from a “buy” rating to a “sell” rating and decreased their price target for the company from $127.00 to $79.00 in a report on Wednesday, March 29th. StockNews.com began coverage on shares of Medtronic in a report on Thursday, March 16th. They issued a “buy” rating for the company. Finally, Wells Fargo & Company raised shares of Medtronic from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $77.00 to $100.00 in a report on Monday, April 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $91.79.

About Medtronic

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Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiovascular Porrtfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit.

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April 30, 2023
Hills Bank & Trust Co Increases Stake in Ameriprise Financial, Inc. (NYSE:AMP)

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Hills Bank & Trust Co boosted its holdings in shares of Ameriprise Financial, Inc. (NYSE:AMP – Get Rating) by 21.9% during the 4th quarter, Holdings Channel reports. The fund owned 1,009 shares of the financial services provider’s stock after buying an additional 181 shares during the period. Hills Bank & Trust Co’s holdings in Ameriprise Financial were worth $314,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. U.S. Capital Wealth Advisors LLC purchased a new position in Ameriprise Financial in the fourth quarter valued at about $31,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Ameriprise Financial during the fourth quarter worth about $33,000. Guardian Wealth Advisors LLC purchased a new stake in shares of Ameriprise Financial in the 3rd quarter valued at $35,000. Vigilant Capital Management LLC grew its position in Ameriprise Financial by 120.3% during the 3rd quarter. Vigilant Capital Management LLC now owns 141 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 77 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Ameriprise Financial during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 81.66% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on AMP. Argus raised their price target on shares of Ameriprise Financial from $340.00 to $392.00 in a research report on Tuesday, January 31st. Keefe, Bruyette & Woods raised their price target on shares of Ameriprise Financial from $350.00 to $375.00 and gave the company a “market perform” rating in a research note on Tuesday, January 31st. UBS Group lifted their target price on shares of Ameriprise Financial from $355.00 to $370.00 and gave the stock a “buy” rating in a research note on Monday, January 9th. Credit Suisse Group upped their price target on Ameriprise Financial from $382.00 to $401.00 and gave the company an “outperform” rating in a research report on Wednesday, February 1st. Finally, Morgan Stanley cut their price objective on shares of Ameriprise Financial from $360.00 to $338.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $346.20.

Ameriprise Financial Price Performance

AMP opened at $292.51 on Thursday. The firm has a market cap of $30.76 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 0.67 and a beta of 1.46. Ameriprise Financial, Inc. has a 12-month low of $219.99 and a 12-month high of $357.46. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.43. The stock’s 50-day moving average price is $314.67 and its 200 day moving average price is $316.96.

Ameriprise Financial (NYSE:AMP – Get Rating) last announced its quarterly earnings data on Tuesday, April 25th. The financial services provider reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.21 by $0.04. Ameriprise Financial had a return on equity of 79.50% and a net margin of 15.41%. The business had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same period last year, the firm earned $5.98 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. As a group, sell-side analysts expect that Ameriprise Financial, Inc. will post 30.53 earnings per share for the current year.

Ameriprise Financial Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 19th. Shareholders of record on Monday, May 8th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 5th. This represents a $0.40 annualized dividend and a yield of 0.14%. Ameriprise Financial’s dividend payout ratio is currently 25.39%.

Insider Activity at Ameriprise Financial

In other Ameriprise Financial news, CEO William F. Truscott sold 11,480 shares of Ameriprise Financial stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $355.33, for a total transaction of $4,079,188.40. Following the transaction, the chief executive officer now owns 17,489 shares of the company’s stock, valued at $6,214,366.37. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CEO William F. Truscott sold 11,480 shares of Ameriprise Financial stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $355.33, for a total value of $4,079,188.40. Following the sale, the chief executive officer now owns 17,489 shares of the company’s stock, valued at $6,214,366.37. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Joseph Edward Sweeney sold 6,390 shares of the firm’s stock in a transaction dated Tuesday, February 14th. The shares were sold at an average price of $350.35, for a total transaction of $2,238,736.50. Following the completion of the sale, the insider now owns 10,955 shares of the company’s stock, valued at approximately $3,838,084.25. The disclosure for this sale can be found here. Insiders have sold 75,328 shares of company stock valued at $26,478,645 in the last ninety days. Insiders own 0.73% of the company’s stock.

Ameriprise Financial Company Profile

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Ameriprise Financial, Inc operates as a holding company. The firm provides financial planning, asset management and insurance services to individuals, businesses and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other.

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April 27, 2023