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Tag: Business Service

  • Cornercap Investment Counsel Inc. Takes $1.58 Million Position in Waste Management, Inc. $WM

    Cornercap Investment Counsel Inc. bought a new position in Waste Management, Inc. (NYSE:WM – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,169 shares of the business services provider’s stock, valued at approximately $1,583,000.

    Several other large investors have also added to or reduced their stakes in the company. Saudi Central Bank bought a new stake in shares of Waste Management during the 1st quarter valued at $37,000. GKV Capital Management Co. Inc. purchased a new stake in Waste Management in the 1st quarter worth $38,000. Loomis Sayles & Co. L P bought a new stake in Waste Management during the second quarter valued at about $40,000. Wealth Watch Advisors INC bought a new position in Waste Management in the 2nd quarter worth approximately $43,000. Finally, eCIO Inc. bought a new stake in shares of Waste Management during the first quarter valued at approximately $53,000. Hedge funds and other institutional investors own 80.40% of the company’s stock.

    Insider Activity at Waste Management

    In related news, SVP Rafael Carrasco sold 1,380 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $217.06, for a total transaction of $299,542.80. Following the transaction, the senior vice president directly owned 15,540 shares in the company, valued at approximately $3,373,112.40. This represents a 8.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

    Waste Management Trading Up 0.5%

    Shares of WM stock opened at $221.39 on Thursday. The company has a market cap of $89.19 billion, a PE ratio of 34.86, a price-to-earnings-growth ratio of 2.72 and a beta of 0.58. Waste Management, Inc. has a 1 year low of $194.11 and a 1 year high of $242.58. The stock’s 50 day simple moving average is $211.51 and its two-hundred day simple moving average is $220.73. The company has a debt-to-equity ratio of 2.36, a current ratio of 0.84 and a quick ratio of 0.80.

    Waste Management (NYSE:WM – Get Free Report) last released its earnings results on Monday, October 27th. The business services provider reported $1.98 earnings per share for the quarter, missing the consensus estimate of $2.01 by ($0.03). The company had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.51 billion. Waste Management had a net margin of 10.35% and a return on equity of 33.00%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.96 EPS. Research analysts predict that Waste Management, Inc. will post 7.7 earnings per share for the current year.

    Waste Management Dividend Announcement

    The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, December 5th. Waste Management’s dividend payout ratio (DPR) is 51.97%.

    Analysts Set New Price Targets

    WM has been the subject of a number of research reports. Barclays dropped their target price on shares of Waste Management from $271.00 to $266.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Royal Bank Of Canada cut their price objective on Waste Management from $234.00 to $223.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Waste Management in a research report on Monday. Citigroup raised their price target on Waste Management from $268.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Sanford C. Bernstein began coverage on Waste Management in a research note on Wednesday, November 12th. They issued an “outperform” rating and a $255.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $248.95.

    View Our Latest Research Report on Waste Management

    Waste Management Profile

    (Free Report)

    Waste Management, Inc (NYSE: WM) is a leading provider of integrated waste management and environmental services in North America. The company offers end-to-end solutions that span collection, transfer, disposal and recycling, along with landfill operations and related infrastructure. Headquartered in Houston, Texas, Waste Management serves a broad customer base that includes residential, commercial, industrial and municipal clients.

    Core services include curbside and commercial waste collection, roll-off and temporary container services, materials recovery and recycling, and engineered landfill disposal.

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    Institutional Ownership by Quarter for Waste Management (NYSE:WM)



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  • Wealth Enhancement Advisory Services LLC Purchases New Holdings in GDS Holdings $GDS

    Wealth Enhancement Advisory Services LLC purchased a new stake in GDS Holdings (NASDAQ:GDS – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 10,000 shares of the company’s stock, valued at approximately $306,000.

    Several other institutional investors have also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA increased its position in GDS by 0.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,177,503 shares of the company’s stock valued at $29,826,000 after acquiring an additional 10,838 shares during the period. Aberdeen Group plc increased its position in GDS by 39.4% in the 1st quarter. Aberdeen Group plc now owns 390,147 shares of the company’s stock valued at $9,691,000 after acquiring an additional 110,347 shares during the period. Royal Bank of Canada increased its position in GDS by 30.7% in the 1st quarter. Royal Bank of Canada now owns 379,289 shares of the company’s stock valued at $9,608,000 after acquiring an additional 89,059 shares during the period. Nuveen LLC acquired a new position in GDS during the 1st quarter worth approximately $8,858,000. Finally, Citigroup Inc. increased its position in GDS by 804.9% during the 1st quarter. Citigroup Inc. now owns 293,556 shares of the company’s stock worth $7,436,000 after purchasing an additional 261,117 shares during the period. Institutional investors and hedge funds own 33.71% of the company’s stock.

    GDS Stock Performance

    GDS opened at $37.84 on Thursday. The stock has a market cap of $7.21 billion, a P/E ratio of 11.20 and a beta of 0.36. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.00 and a quick ratio of 2.00. The stock’s 50 day simple moving average is $36.14 and its 200 day simple moving average is $30.47. GDS Holdings has a 1-year low of $16.92 and a 1-year high of $52.50.

    Analyst Upgrades and Downgrades

    Several research firms have issued reports on GDS. Weiss Ratings reiterated a “hold (c-)” rating on shares of GDS in a research report on Wednesday. BMO Capital Markets upgraded GDS to a “market perform” rating in a research report on Wednesday, July 16th. Zacks Research cut GDS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 26th. Bank of America boosted their target price on GDS from $47.60 to $50.60 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. upgraded GDS from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $34.00 to $46.00 in a research report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $46.93.

    View Our Latest Report on GDS

    GDS Profile

    (Free Report)

    GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People’s Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.

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    Institutional Ownership by Quarter for GDS (NASDAQ:GDS)



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  • Robeco Institutional Asset Management B.V. Sells 32,440 Shares of Waste Management, Inc. $WM

    Robeco Institutional Asset Management B.V. reduced its position in Waste Management, Inc. (NYSE:WM – Free Report) by 25.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,756 shares of the business services provider’s stock after selling 32,440 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Waste Management were worth $21,224,000 at the end of the most recent quarter.

    Several other institutional investors have also added to or reduced their stakes in WM. Community Financial Services Group LLC boosted its position in shares of Waste Management by 1.8% during the 2nd quarter. Community Financial Services Group LLC now owns 22,968 shares of the business services provider’s stock valued at $5,256,000 after acquiring an additional 403 shares during the last quarter. USA Financial Formulas lifted its position in Waste Management by 361.6% during the second quarter. USA Financial Formulas now owns 5,973 shares of the business services provider’s stock valued at $1,367,000 after purchasing an additional 4,679 shares during the last quarter. Vigilare Wealth Management increased its holdings in shares of Waste Management by 80.4% in the 2nd quarter. Vigilare Wealth Management now owns 3,068 shares of the business services provider’s stock worth $702,000 after buying an additional 1,367 shares during the last quarter. First Pacific Financial raised its position in shares of Waste Management by 0.9% during the 2nd quarter. First Pacific Financial now owns 6,563 shares of the business services provider’s stock valued at $1,502,000 after buying an additional 57 shares in the last quarter. Finally, Trust Co. of Vermont lifted its holdings in shares of Waste Management by 1.7% in the 2nd quarter. Trust Co. of Vermont now owns 30,901 shares of the business services provider’s stock valued at $7,071,000 after acquiring an additional 515 shares during the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

    Analyst Upgrades and Downgrades

    WM has been the topic of a number of recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Waste Management in a research report on Saturday, September 27th. UBS Group increased their price target on Waste Management from $260.00 to $265.00 and gave the company a “neutral” rating in a report on Wednesday, July 30th. BMO Capital Markets lifted their price objective on shares of Waste Management from $245.00 to $248.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 30th. CIBC increased their target price on shares of Waste Management from $244.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, June 26th. Finally, Scotiabank lifted their price target on shares of Waste Management from $265.00 to $275.00 and gave the stock a “sector outperform” rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Waste Management presently has a consensus rating of “Moderate Buy” and an average target price of $255.17.

    Get Our Latest Stock Analysis on WM

    Waste Management Trading Up 1.3%

    NYSE WM opened at $219.77 on Friday. Waste Management, Inc. has a 12 month low of $199.69 and a 12 month high of $242.58. The company’s 50-day moving average price is $224.29 and its 200-day moving average price is $228.26. The stock has a market cap of $88.53 billion, a PE ratio of 32.61, a PEG ratio of 2.68 and a beta of 0.64. The company has a current ratio of 0.86, a quick ratio of 0.82 and a debt-to-equity ratio of 2.51.

    Waste Management (NYSE:WM – Get Free Report) last issued its earnings results on Monday, July 28th. The business services provider reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.03. Waste Management had a net margin of 11.36% and a return on equity of 34.37%. The business had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.37 billion. During the same period in the prior year, the firm earned $1.82 EPS. The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. Waste Management has set its FY 2025 guidance at EPS. Equities research analysts forecast that Waste Management, Inc. will post 7.7 earnings per share for the current year.

    Waste Management Dividend Announcement

    The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were issued a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, September 12th. Waste Management’s dividend payout ratio is currently 48.96%.

    Waste Management Company Profile

    (Free Report)

    Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

    See Also

    Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM – Free Report).

    Institutional Ownership by Quarter for Waste Management (NYSE:WM)



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  • ORG Partners LLC Acquires 337 Shares of Fiserv, Inc. $FI

    ORG Partners LLC grew its holdings in Fiserv, Inc. (NYSE:FI – Free Report) by 378.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 426 shares of the business services provider’s stock after acquiring an additional 337 shares during the quarter. ORG Partners LLC’s holdings in Fiserv were worth $74,000 at the end of the most recent reporting period.

    A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Fiserv by 1.1% during the first quarter. Vanguard Group Inc. now owns 50,079,534 shares of the business services provider’s stock worth $11,059,063,000 after buying an additional 535,407 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fiserv by 77.2% during the first quarter. JPMorgan Chase & Co. now owns 15,354,767 shares of the business services provider’s stock worth $3,390,793,000 after buying an additional 6,691,703 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Fiserv by 3.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 8,284,433 shares of the business services provider’s stock worth $1,829,451,000 after buying an additional 253,544 shares in the last quarter. Nuveen LLC bought a new position in shares of Fiserv during the first quarter worth about $1,722,584,000. Finally, Alliancebernstein L.P. grew its holdings in shares of Fiserv by 5.3% during the first quarter. Alliancebernstein L.P. now owns 5,724,666 shares of the business services provider’s stock worth $1,264,178,000 after buying an additional 287,420 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

    Analyst Ratings Changes

    A number of research firms recently issued reports on FI. Stephens decreased their price objective on Fiserv from $240.00 to $180.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Wall Street Zen upgraded Fiserv from a “hold” rating to a “buy” rating in a report on Saturday, September 20th. JPMorgan Chase & Co. reduced their price target on Fiserv from $210.00 to $190.00 and set an “overweight” rating for the company in a research report on Thursday, July 24th. Truist Financial increased their price target on Fiserv from $181.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Finally, Morgan Stanley reduced their price target on Fiserv from $268.00 to $266.00 and set an “overweight” rating for the company in a research report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $205.96.

    Read Our Latest Stock Analysis on FI

    Fiserv Stock Performance

    FI opened at $130.17 on Tuesday. Fiserv, Inc. has a 12-month low of $128.08 and a 12-month high of $238.59. The stock has a market cap of $70.76 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 0.84 and a beta of 0.94. The business has a 50 day moving average of $136.25 and a 200-day moving average of $167.48. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09.

    Fiserv (NYSE:FI – Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.43 by $0.04. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.20 billion. During the same period last year, the firm posted $2.13 earnings per share. The business’s revenue was up 8.0% on a year-over-year basis. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. On average, equities research analysts expect that Fiserv, Inc. will post 10.23 earnings per share for the current year.

    About Fiserv

    (Free Report)

    Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.

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    Institutional Ownership by Quarter for Fiserv (NYSE:FI)



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  • Sprinklr, Inc. $CXM Shares Sold by Northern Trust Corp

    Northern Trust Corp lowered its holdings in Sprinklr, Inc. (NYSE:CXM – Free Report) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,165,291 shares of the company’s stock after selling 67,420 shares during the period. Northern Trust Corp’s holdings in Sprinklr were worth $9,730,000 at the end of the most recent reporting period.

    Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Sprinklr by 209.5% in the 1st quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock worth $31,000 after purchasing an additional 2,489 shares during the last quarter. Ancora Advisors LLC acquired a new position in shares of Sprinklr in the fourth quarter worth about $34,000. PNC Financial Services Group Inc. increased its position in shares of Sprinklr by 69.2% in the first quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after acquiring an additional 2,668 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Sprinklr in the fourth quarter worth approximately $105,000. Finally, Freestone Capital Holdings LLC purchased a new position in shares of Sprinklr in the first quarter worth approximately $105,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

    Insider Buying and Selling at Sprinklr

    In other news, General Counsel Jacob Scott sold 62,422 shares of Sprinklr stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $7.99, for a total value of $498,751.78. Following the transaction, the general counsel owned 441,664 shares of the company’s stock, valued at $3,528,895.36. This trade represents a 12.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Scott Michael Harvey sold 21,422 shares of Sprinklr stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $9.00, for a total transaction of $192,798.00. Following the completion of the transaction, the insider directly owned 681,910 shares in the company, valued at approximately $6,137,190. This represents a 3.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,143,242 shares of company stock valued at $82,738,467 over the last three months. 60.53% of the stock is owned by insiders.

    Wall Street Analysts Forecast Growth

    Several research analysts have recently weighed in on CXM shares. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Friday. Barclays dropped their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Wednesday. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a research report on Thursday. Wells Fargo & Company lifted their target price on shares of Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, June 5th. Finally, Cantor Fitzgerald started coverage on shares of Sprinklr in a research report on Tuesday, June 3rd. They issued a “neutral” rating and a $8.00 target price on the stock. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Sprinklr presently has a consensus rating of “Hold” and an average target price of $10.10.

    Read Our Latest Stock Report on Sprinklr

    Sprinklr Stock Down 0.3%

    NYSE CXM opened at $7.81 on Friday. The stock has a market capitalization of $2.02 billion, a PE ratio of 17.34 and a beta of 0.81. The company has a 50 day moving average price of $8.64 and a two-hundred day moving average price of $8.35. Sprinklr, Inc. has a 12-month low of $6.75 and a 12-month high of $9.69.

    Sprinklr (NYSE:CXM – Get Free Report) last posted its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $212.04 million during the quarter, compared to analysts’ expectations of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. As a group, equities analysts anticipate that Sprinklr, Inc. will post 0.1 EPS for the current year.

    Sprinklr Profile

    (Free Report)

    Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.

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    Institutional Ownership by Quarter for Sprinklr (NYSE:CXM)



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  • 2,659 Shares in Visa Inc. (NYSE:V) Bought by Custom Index Systems LLC

    2,659 Shares in Visa Inc. (NYSE:V) Bought by Custom Index Systems LLC


    Custom Index Systems LLC acquired a new stake in Visa Inc. (NYSE:V – Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,659 shares of the credit-card processor’s stock, valued at approximately $731,000.

    Several other hedge funds have also recently added to or reduced their stakes in V. Vanguard Group Inc. grew its holdings in shares of Visa by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 142,202,830 shares of the credit-card processor’s stock valued at $39,685,966,000 after buying an additional 788,908 shares during the period. Capital International Investors grew its stake in Visa by 2.7% in the first quarter. Capital International Investors now owns 23,570,391 shares of the credit-card processor’s stock valued at $6,578,025,000 after acquiring an additional 626,618 shares during the period. Capital World Investors grew its stake in Visa by 5.4% in the first quarter. Capital World Investors now owns 18,863,796 shares of the credit-card processor’s stock valued at $5,264,508,000 after acquiring an additional 968,008 shares during the period. Ameriprise Financial Inc. raised its position in shares of Visa by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 14,610,590 shares of the credit-card processor’s stock worth $3,833,981,000 after purchasing an additional 345,829 shares during the period. Finally, Legal & General Group Plc grew its position in shares of Visa by 2.2% in the 2nd quarter. Legal & General Group Plc now owns 14,416,394 shares of the credit-card processor’s stock valued at $3,783,857,000 after purchasing an additional 312,286 shares during the period. Institutional investors and hedge funds own 82.15% of the company’s stock.

    Visa Trading Up 0.9 %

    Shares of V stock opened at $284.19 on Tuesday. Visa Inc. has a 12-month low of $230.03 and a 12-month high of $293.07. The company has a market capitalization of $519.77 billion, a PE ratio of 31.75, a price-to-earnings-growth ratio of 1.95 and a beta of 0.96. The firm has a 50 day moving average price of $279.37 and a two-hundred day moving average price of $273.22. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.54.

    Analyst Ratings Changes

    Several analysts have commented on V shares. William Blair upgraded shares of Visa to a “strong-buy” rating in a report on Tuesday, July 23rd. Monness Crespi & Hardt restated a “neutral” rating on shares of Visa in a report on Tuesday, September 24th. Citigroup cut their price objective on shares of Visa from $321.00 to $319.00 and set a “buy” rating on the stock in a research report on Wednesday, July 24th. Royal Bank of Canada decreased their target price on shares of Visa from $315.00 to $311.00 and set an “outperform” rating for the company in a research report on Wednesday, July 24th. Finally, BNP Paribas upgraded shares of Visa from a “neutral” rating to an “outperform” rating and set a $325.00 price objective for the company in a research note on Tuesday, September 3rd. Four research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $314.19.

    View Our Latest Stock Analysis on Visa

    Insider Transactions at Visa

    In other news, CEO Ryan Mcinerney sold 8,620 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $276.37, for a total value of $2,382,309.40. Following the completion of the sale, the chief executive officer now owns 538 shares of the company’s stock, valued at approximately $148,687.06. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.19% of the stock is owned by corporate insiders.

    Visa Profile

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    See Also

    Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).

    Institutional Ownership by Quarter for Visa (NYSE:V)



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  • Allspring Global Investments Holdings LLC Has $312.37 Million Stock Position in Visa Inc. (NYSE:V)

    Allspring Global Investments Holdings LLC Has $312.37 Million Stock Position in Visa Inc. (NYSE:V)

    Allspring Global Investments Holdings LLC trimmed its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 13.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,136,102 shares of the credit-card processor’s stock after selling 181,178 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Visa were worth $312,372,000 as of its most recent SEC filing.

    Several other large investors have also recently bought and sold shares of the business. Westend Capital Management LLC acquired a new position in Visa in the 1st quarter worth about $25,000. POM Investment Strategies LLC increased its holdings in shares of Visa by 970.0% during the 2nd quarter. POM Investment Strategies LLC now owns 107 shares of the credit-card processor’s stock valued at $28,000 after acquiring an additional 97 shares during the last quarter. TruNorth Capital Management LLC increased its holdings in shares of Visa by 211.9% during the 2nd quarter. TruNorth Capital Management LLC now owns 131 shares of the credit-card processor’s stock valued at $34,000 after acquiring an additional 89 shares during the last quarter. Bbjs Financial Advisors LLC acquired a new position in shares of Visa during the 2nd quarter valued at about $35,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Visa during the 2nd quarter valued at about $35,000. 82.15% of the stock is owned by institutional investors and hedge funds.

    Visa Price Performance

    Shares of V stock opened at $290.62 on Monday. The stock’s fifty day simple moving average is $276.91 and its 200 day simple moving average is $272.88. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market cap of $531.53 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 2.00 and a beta of 0.96. Visa Inc. has a one year low of $228.03 and a one year high of $293.07.

    Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Tuesday, July 23rd. The credit-card processor reported $2.42 EPS for the quarter, meeting the consensus estimate of $2.42. The business had revenue of $8.90 billion for the quarter, compared to analyst estimates of $8.92 billion. Visa had a return on equity of 51.94% and a net margin of 54.72%. During the same quarter in the previous year, the firm earned $2.16 EPS. Visa’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts expect that Visa Inc. will post 9.92 earnings per share for the current fiscal year.

    Visa Dividend Announcement

    The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, August 9th were given a dividend of $0.52 per share. The ex-dividend date was Friday, August 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.72%. Visa’s payout ratio is currently 23.24%.

    Insider Transactions at Visa

    In other news, CEO Ryan Mcinerney sold 8,620 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $276.37, for a total transaction of $2,382,309.40. Following the completion of the sale, the chief executive officer now owns 538 shares in the company, valued at $148,687.06. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.19% of the stock is currently owned by corporate insiders.

    Wall Street Analyst Weigh In

    V has been the topic of a number of analyst reports. Citigroup lowered their price objective on Visa from $321.00 to $319.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. StockNews.com raised Visa from a “hold” rating to a “buy” rating in a report on Friday, August 9th. Robert W. Baird increased their price objective on Visa from $320.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday. Macquarie restated an “outperform” rating and set a $300.00 target price on shares of Visa in a research note on Friday, September 27th. Finally, Keefe, Bruyette & Woods raised Visa from a “moderate buy” rating to a “strong-buy” rating in a report on Tuesday, September 24th. Four analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $314.19.

    Read Our Latest Stock Report on Visa

    Visa Profile

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    See Also

    Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).

    Institutional Ownership by Quarter for Visa (NYSE:V)

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  • Park Place Capital Corp Buys 4,520 Shares of Copart, Inc. (NASDAQ:CPRT)

    Park Place Capital Corp Buys 4,520 Shares of Copart, Inc. (NASDAQ:CPRT)

    Park Place Capital Corp grew its stake in shares of Copart, Inc. (NASDAQ:CPRT – Free Report) by 27.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,068 shares of the business services provider’s stock after buying an additional 4,520 shares during the period. Park Place Capital Corp’s holdings in Copart were worth $1,104,000 as of its most recent filing with the Securities and Exchange Commission.

    Several other institutional investors also recently modified their holdings of CPRT. Rise Advisors LLC bought a new stake in shares of Copart in the 1st quarter valued at $28,000. Pinnacle Bancorp Inc. lifted its holdings in Copart by 79.6% during the first quarter. Pinnacle Bancorp Inc. now owns 528 shares of the business services provider’s stock worth $31,000 after acquiring an additional 234 shares in the last quarter. Crewe Advisors LLC lifted its holdings in Copart by 98.6% during the second quarter. Crewe Advisors LLC now owns 564 shares of the business services provider’s stock worth $31,000 after acquiring an additional 280 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in Copart by 283.3% during the second quarter. Meeder Asset Management Inc. now owns 575 shares of the business services provider’s stock worth $31,000 after acquiring an additional 425 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in Copart by 477.7% during the second quarter. Versant Capital Management Inc now owns 595 shares of the business services provider’s stock worth $32,000 after acquiring an additional 492 shares in the last quarter. 85.78% of the stock is currently owned by institutional investors and hedge funds.

    Copart Price Performance

    NASDAQ CPRT traded up $0.75 during trading on Tuesday, reaching $53.51. 912,546 shares of the company’s stock were exchanged, compared to its average volume of 4,446,221. The business has a 50 day moving average price of $51.51 and a 200-day moving average price of $53.42. The stock has a market capitalization of $51.49 billion, a P/E ratio of 37.15 and a beta of 1.27. Copart, Inc. has a fifty-two week low of $42.41 and a fifty-two week high of $58.58.

    Copart (NASDAQ:CPRT – Get Free Report) last announced its quarterly earnings results on Wednesday, September 4th. The business services provider reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). Copart had a return on equity of 19.55% and a net margin of 32.17%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the firm earned $0.34 EPS. Copart’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, analysts forecast that Copart, Inc. will post 1.54 earnings per share for the current year.

    Analyst Ratings Changes

    Separately, Robert W. Baird cut their price target on Copart from $58.00 to $56.00 and set an “outperform” rating on the stock in a report on Thursday, September 5th.

    Check Out Our Latest Stock Report on Copart

    About Copart

    (Free Report)

    Copart, Inc provides online auctions and vehicle remarketing services. It offers a range of services for processing and selling vehicles over the Internet through its Virtual Bidding Third Generation Internet auction-style sales technology on behalf of vehicle sellers, insurance companies, banks and finance companies, charities, and fleet operators and dealers, as well as individual owners.

    Further Reading

    Institutional Ownership by Quarter for Copart (NASDAQ:CPRT)

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  • Reviewing IBEX (NASDAQ:IBEX) and Automatic Data Processing (NASDAQ:ADP)

    Reviewing IBEX (NASDAQ:IBEX) and Automatic Data Processing (NASDAQ:ADP)

    Automatic Data Processing (NASDAQ:ADP – Get Free Report) and IBEX (NASDAQ:IBEX – Get Free Report) are both business services companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability and risk.

    Profitability

    This table compares Automatic Data Processing and IBEX’s net margins, return on equity and return on assets.

    Net Margins Return on Equity Return on Assets
    Automatic Data Processing 19.54% 89.20% 6.73%
    IBEX 6.62% 22.04% 11.93%

    Earnings & Valuation

    This table compares Automatic Data Processing and IBEX”s gross revenue, earnings per share and valuation.

    Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
    Automatic Data Processing $19.20 billion 6.04 $3.75 billion $8.96 31.65
    IBEX $508.57 million 0.65 $33.65 million $1.53 12.61

    Automatic Data Processing has higher revenue and earnings than IBEX. IBEX is trading at a lower price-to-earnings ratio than Automatic Data Processing, indicating that it is currently the more affordable of the two stocks.

    Volatility & Risk

    Automatic Data Processing has a beta of 0.79, suggesting that its share price is 21% less volatile than the S&P 500. Comparatively, IBEX has a beta of 0.74, suggesting that its share price is 26% less volatile than the S&P 500.

    Analyst Recommendations

    This is a breakdown of recent ratings and recommmendations for Automatic Data Processing and IBEX, as provided by MarketBeat.com.

    Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
    Automatic Data Processing 2 9 2 0 2.00
    IBEX 0 2 2 0 2.50

    Automatic Data Processing presently has a consensus target price of $267.83, suggesting a potential downside of 5.54%. IBEX has a consensus target price of $20.50, suggesting a potential upside of 6.22%. Given IBEX’s stronger consensus rating and higher possible upside, analysts clearly believe IBEX is more favorable than Automatic Data Processing.

    Institutional and Insider Ownership

    80.0% of Automatic Data Processing shares are held by institutional investors. Comparatively, 81.2% of IBEX shares are held by institutional investors. 0.3% of Automatic Data Processing shares are held by company insiders. Comparatively, 20.8% of IBEX shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

    Summary

    Automatic Data Processing beats IBEX on 8 of the 13 factors compared between the two stocks.

    About Automatic Data Processing

    (Get Free Report)

    Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

    About IBEX

    (Get Free Report)

    IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and internationally. The company products and services portfolio includes ibex Connect, that offers customer service, technical support, revenue generation, and other revenue generation outsourced back-office services through the CX model, which integrates voice, email, chat, SMS, social media, and other communication applications; ibex Digital, a customer acquisition solution that comprises digital marketing, e-commerce technology, and platform solutions; and ibex CX, a customer experience solution, which provides a suite of proprietary software tools to measure, monitor, and manage its clients’ customer experience. It operates customer engagement and customer acquisition delivery centers. The company serves banking and financial services, delivery and logistics, health tech and wellness, high tech, retail and e-commerce, streaming and entertainment, travel and hospitality, and utility industries. The company was formerly known as IBEX Holdings Limited and changed its name to IBEX Limited in September 2019. IBEX Limited was incorporated in 2017 and is headquartered in Washington, District of Columbia. The company is a subsidiary of The Resource Group International Limited.

    Receive News & Ratings for Automatic Data Processing Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Automatic Data Processing and related companies with MarketBeat.com’s FREE daily email newsletter.

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  • KCM Investment Advisors LLC Lowers Holdings in Visa Inc. (NYSE:V)

    KCM Investment Advisors LLC Lowers Holdings in Visa Inc. (NYSE:V)

    KCM Investment Advisors LLC reduced its stake in shares of Visa Inc. (NYSE:V – Free Report) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 161,617 shares of the credit-card processor’s stock after selling 885 shares during the period. Visa makes up about 1.5% of KCM Investment Advisors LLC’s holdings, making the stock its 15th largest position. KCM Investment Advisors LLC’s holdings in Visa were worth $42,420,000 as of its most recent filing with the SEC.

    Several other institutional investors also recently made changes to their positions in the stock. Arjuna Capital boosted its position in shares of Visa by 0.8% during the 2nd quarter. Arjuna Capital now owns 11,851 shares of the credit-card processor’s stock worth $3,111,000 after purchasing an additional 96 shares in the last quarter. Stephens Consulting LLC boosted its position in shares of Visa by 87.6% during the 2nd quarter. Stephens Consulting LLC now owns 454 shares of the credit-card processor’s stock worth $119,000 after purchasing an additional 212 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Visa by 3.6% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,949,178 shares of the credit-card processor’s stock worth $511,601,000 after purchasing an additional 67,246 shares in the last quarter. Golden State Equity Partners purchased a new stake in shares of Visa during the 2nd quarter worth $3,028,000. Finally, Bank OZK boosted its position in shares of Visa by 12.0% during the 2nd quarter. Bank OZK now owns 973 shares of the credit-card processor’s stock worth $255,000 after purchasing an additional 104 shares in the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

    Visa Stock Up 0.7 %

    V opened at $276.37 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.37 and a quick ratio of 1.37. The stock has a market capitalization of $505.46 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 1.89 and a beta of 0.95. The business has a 50-day moving average of $265.67 and a two-hundred day moving average of $273.12. Visa Inc. has a 12 month low of $227.78 and a 12 month high of $290.96.

    Visa (NYSE:V – Get Free Report) last posted its quarterly earnings results on Tuesday, July 23rd. The credit-card processor reported $2.42 EPS for the quarter, meeting the consensus estimate of $2.42. The company had revenue of $8.90 billion during the quarter, compared to analysts’ expectations of $8.92 billion. Visa had a return on equity of 51.94% and a net margin of 54.72%. The firm’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.16 EPS. On average, research analysts expect that Visa Inc. will post 9.91 earnings per share for the current year.

    Visa Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Friday, August 9th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Friday, August 9th. Visa’s payout ratio is currently 23.24%.

    Analyst Ratings Changes

    Several research analysts have recently issued reports on the company. Evercore ISI cut their price target on Visa from $335.00 to $330.00 and set an “outperform” rating for the company in a research note on Tuesday, June 25th. Morgan Stanley cut their price target on Visa from $326.00 to $322.00 and set an “overweight” rating for the company in a research note on Wednesday, July 24th. JPMorgan Chase & Co. lifted their price target on Visa from $290.00 to $320.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 20th. William Blair raised Visa to a “strong-buy” rating in a research note on Tuesday, July 23rd. Finally, Piper Sandler cut their price target on Visa from $322.00 to $319.00 and set an “overweight” rating for the company in a research note on Wednesday, July 24th. Six equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $308.50.

    Read Our Latest Research Report on Visa

    Visa Profile

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    Further Reading

    Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).

    Institutional Ownership by Quarter for Visa (NYSE:V)

    Receive News & Ratings for Visa Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Visa and related companies with MarketBeat.com’s FREE daily email newsletter.

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  • Obermeyer Wood Investment Counsel Lllp Boosts Holdings in Visa Inc. (NYSE:V)

    Obermeyer Wood Investment Counsel Lllp Boosts Holdings in Visa Inc. (NYSE:V)

    Obermeyer Wood Investment Counsel Lllp raised its stake in shares of Visa Inc. (NYSE:V – Free Report) by 61.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,749 shares of the credit-card processor’s stock after purchasing an additional 7,491 shares during the period. Obermeyer Wood Investment Counsel Lllp’s holdings in Visa were worth $5,512,000 at the end of the most recent quarter.

    Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Nadler Financial Group Inc. lifted its stake in shares of Visa by 2.4% in the fourth quarter. Nadler Financial Group Inc. now owns 1,900 shares of the credit-card processor’s stock worth $495,000 after buying an additional 44 shares in the last quarter. Towerpoint Wealth LLC purchased a new position in shares of Visa in the fourth quarter worth about $216,000. Andrew Hill Investment Advisors Inc. purchased a new position in shares of Visa in the fourth quarter worth about $3,427,000. Richelieu Gestion SA purchased a new position in shares of Visa in the fourth quarter worth about $307,000. Finally, Cooper Financial Group lifted its stake in shares of Visa by 6.4% in the fourth quarter. Cooper Financial Group now owns 7,926 shares of the credit-card processor’s stock worth $2,064,000 after buying an additional 476 shares in the last quarter. 82.15% of the stock is owned by hedge funds and other institutional investors.

    Wall Street Analyst Weigh In

    Several equities analysts have recently weighed in on the stock. Citigroup raised their price target on shares of Visa from $314.00 to $321.00 and gave the stock a “buy” rating in a research note on Wednesday, April 24th. Bank of America restated a “neutral” rating and set a $297.00 price objective (down from $305.00) on shares of Visa in a research report on Wednesday. Piper Sandler started coverage on shares of Visa in a research report on Monday, May 13th. They set an “overweight” rating and a $322.00 price objective for the company. TD Cowen started coverage on shares of Visa in a research report on Thursday, April 11th. They set a “buy” rating and a $320.00 price objective for the company. Finally, Oppenheimer raised their price objective on shares of Visa from $297.00 to $299.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. Six analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat, Visa has an average rating of “Moderate Buy” and an average price target of $304.44.

    Get Our Latest Research Report on V

    Visa Trading Up 1.2 %

    NYSE V opened at $265.74 on Friday. The firm has a 50 day simple moving average of $272.82 and a 200-day simple moving average of $274.01. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.40 and a current ratio of 1.40. Visa Inc. has a one year low of $227.68 and a one year high of $290.96. The firm has a market cap of $486.02 billion, a price-to-earnings ratio of 29.69, a PEG ratio of 1.85 and a beta of 0.95.

    Visa (NYSE:V – Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The credit-card processor reported $2.51 EPS for the quarter, beating the consensus estimate of $2.43 by $0.08. Visa had a net margin of 53.87% and a return on equity of 51.23%. The business had revenue of $8.78 billion during the quarter, compared to analyst estimates of $8.62 billion. During the same quarter last year, the firm posted $2.09 earnings per share. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. Equities research analysts anticipate that Visa Inc. will post 9.94 EPS for the current fiscal year.

    Visa Announces Dividend

    The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Friday, May 17th were paid a $0.52 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $2.08 dividend on an annualized basis and a yield of 0.78%. Visa’s dividend payout ratio is currently 23.24%.

    Insider Buying and Selling

    In related news, Director Lloyd Carney sold 909 shares of Visa stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $275.55, for a total value of $250,474.95. Following the completion of the transaction, the director now owns 2,591 shares in the company, valued at $713,950.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Paul D. Fabara sold 25,293 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $277.15, for a total transaction of $7,009,954.95. Following the completion of the sale, the insider now owns 17,894 shares in the company, valued at approximately $4,959,322.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lloyd Carney sold 909 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $275.55, for a total transaction of $250,474.95. Following the sale, the director now owns 2,591 shares of the company’s stock, valued at approximately $713,950.05. The disclosure for this sale can be found here. 0.19% of the stock is owned by insiders.

    Visa Company Profile

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    Featured Stories

    Institutional Ownership by Quarter for Visa (NYSE:V)

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  • Beese Fulmer Investment Management Inc. Has $348,000 Stock Holdings in Waste Management, Inc. (NYSE:WM)

    Beese Fulmer Investment Management Inc. Has $348,000 Stock Holdings in Waste Management, Inc. (NYSE:WM)

    Beese Fulmer Investment Management Inc. trimmed its holdings in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 13.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,635 shares of the business services provider’s stock after selling 249 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in Waste Management were worth $348,000 as of its most recent SEC filing.

    Other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in Waste Management by 8.5% during the third quarter. Integrated Wealth Concepts LLC now owns 28,912 shares of the business services provider’s stock worth $4,407,000 after buying an additional 2,272 shares during the last quarter. Birch Hill Investment Advisors LLC boosted its holdings in Waste Management by 5.5% during the fourth quarter. Birch Hill Investment Advisors LLC now owns 6,321 shares of the business services provider’s stock valued at $1,132,000 after acquiring an additional 332 shares during the period. International Assets Investment Management LLC boosted its holdings in Waste Management by 13,927.7% during the fourth quarter. International Assets Investment Management LLC now owns 504,296 shares of the business services provider’s stock valued at $90,319,000 after acquiring an additional 500,701 shares during the period. Pacer Advisors Inc. boosted its holdings in Waste Management by 93.0% during the fourth quarter. Pacer Advisors Inc. now owns 46,613 shares of the business services provider’s stock valued at $8,348,000 after acquiring an additional 22,455 shares during the period. Finally, DSM Capital Partners LLC bought a new stake in Waste Management during the fourth quarter valued at about $38,000. 80.40% of the stock is owned by institutional investors and hedge funds.

    Waste Management Stock Performance

    NYSE WM opened at $207.89 on Thursday. The firm has a market cap of $83.38 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 2.42 and a beta of 0.74. The company has a 50 day moving average of $207.24 and a 200-day moving average of $198.00. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 2.23. Waste Management, Inc. has a 1-year low of $149.71 and a 1-year high of $214.54.

    Waste Management (NYSE:WM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The business services provider reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.23. The company had revenue of $5.16 billion during the quarter, compared to analyst estimates of $5.22 billion. Waste Management had a net margin of 11.98% and a return on equity of 38.61%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business posted $1.31 earnings per share. On average, equities analysts forecast that Waste Management, Inc. will post 7.31 earnings per share for the current fiscal year.

    Waste Management Announces Dividend

    The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Stockholders of record on Friday, June 7th will be issued a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Friday, June 7th. Waste Management’s payout ratio is 49.10%.

    Analysts Set New Price Targets

    A number of equities research analysts have issued reports on the stock. CIBC upped their price target on shares of Waste Management from $207.00 to $220.00 and gave the company a “neutral” rating in a report on Monday, April 29th. Truist Financial increased their target price on shares of Waste Management from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Royal Bank of Canada increased their target price on shares of Waste Management from $211.00 to $215.00 and gave the company a “sector perform” rating in a research note on Friday, April 26th. StockNews.com upgraded shares of Waste Management from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 9th. Finally, Oppenheimer increased their target price on shares of Waste Management from $221.00 to $228.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Eleven research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Waste Management presently has a consensus rating of “Moderate Buy” and an average price target of $217.61.

    Read Our Latest Stock Analysis on WM

    Insider Transactions at Waste Management

    In related news, VP Michael J. Watson sold 4,208 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $204.28, for a total value of $859,610.24. Following the completion of the sale, the vice president now owns 45,644 shares of the company’s stock, valued at $9,324,156.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.18% of the company’s stock.

    Waste Management Company Profile

    (Free Report)

    Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

    Read More

    Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM – Free Report).

    Institutional Ownership by Quarter for Waste Management (NYSE:WM)

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  • Vantage Investment Partners LLC Raises Stock Holdings in Visa Inc. (NYSE:V)

    Vantage Investment Partners LLC Raises Stock Holdings in Visa Inc. (NYSE:V)

    Vantage Investment Partners LLC boosted its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 45.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 30,044 shares of the credit-card processor’s stock after purchasing an additional 9,366 shares during the period. Vantage Investment Partners LLC’s holdings in Visa were worth $7,822,000 at the end of the most recent reporting period.

    A number of other hedge funds also recently bought and sold shares of V. CNB Bank raised its holdings in shares of Visa by 7.2% during the fourth quarter. CNB Bank now owns 8,485 shares of the credit-card processor’s stock valued at $2,209,000 after acquiring an additional 568 shares during the last quarter. Hunter Associates Investment Management LLC raised its holdings in shares of Visa by 1.5% during the fourth quarter. Hunter Associates Investment Management LLC now owns 19,614 shares of the credit-card processor’s stock valued at $5,119,000 after acquiring an additional 296 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in shares of Visa by 0.5% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 74,167 shares of the credit-card processor’s stock valued at $19,309,000 after acquiring an additional 344 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Visa by 15.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 17,671 shares of the credit-card processor’s stock valued at $4,601,000 after acquiring an additional 2,362 shares during the last quarter. Finally, Castle Wealth Management LLC raised its holdings in shares of Visa by 2.9% during the fourth quarter. Castle Wealth Management LLC now owns 4,230 shares of the credit-card processor’s stock valued at $1,101,000 after acquiring an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

    Analysts Set New Price Targets

    V has been the subject of a number of research analyst reports. Robert W. Baird increased their target price on Visa from $314.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, April 17th. Wedbush increased their price target on Visa from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Wells Fargo & Company increased their price target on Visa from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Wednesday, March 6th. Keefe, Bruyette & Woods increased their price target on Visa from $305.00 to $315.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $265.00 price target on shares of Visa in a report on Wednesday, March 27th. Five investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $298.43.

    Get Our Latest Research Report on Visa

    Insiders Place Their Bets

    In other Visa news, CAO Peter M. Andreski sold 2,615 shares of Visa stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total transaction of $729,271.20. Following the completion of the sale, the chief accounting officer now directly owns 4,898 shares of the company’s stock, valued at approximately $1,365,954.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CAO Peter M. Andreski sold 2,615 shares of Visa stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total transaction of $729,271.20. Following the sale, the chief accounting officer now owns 4,898 shares in the company, valued at $1,365,954.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Mcinerney sold 8,200 shares of Visa stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $280.36, for a total value of $2,298,952.00. Following the sale, the chief executive officer now owns 538 shares in the company, valued at approximately $150,833.68. The disclosure for this sale can be found here. Insiders sold 18,965 shares of company stock valued at $5,256,352 in the last ninety days. Insiders own 0.19% of the company’s stock.

    Visa Trading Down 0.6 %

    NYSE:V opened at $269.78 on Monday. The firm has a market cap of $495.45 billion, a PE ratio of 31.04, a price-to-earnings-growth ratio of 1.86 and a beta of 0.96. The stock has a fifty day moving average price of $279.58 and a 200 day moving average price of $263.35. Visa Inc. has a 12-month low of $216.14 and a 12-month high of $290.96. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.54.

    Visa (NYSE:V – Get Free Report) last released its earnings results on Thursday, January 25th. The credit-card processor reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.34 by $0.07. The firm had revenue of $8.63 billion during the quarter, compared to analyst estimates of $8.55 billion. Visa had a return on equity of 50.02% and a net margin of 53.92%. Visa’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $2.18 earnings per share. Sell-side analysts anticipate that Visa Inc. will post 9.88 earnings per share for the current fiscal year.

    Visa Dividend Announcement

    The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Thursday, February 8th. Visa’s dividend payout ratio (DPR) is 23.94%.

    Visa Company Profile

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    Further Reading

    Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).

    Institutional Ownership by Quarter for Visa (NYSE:V)

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  • GHP Investment Advisors Inc. Makes New $78,000 Investment in Fiserv, Inc. (NYSE:FI)

    GHP Investment Advisors Inc. Makes New $78,000 Investment in Fiserv, Inc. (NYSE:FI)

    GHP Investment Advisors Inc. purchased a new position in shares of Fiserv, Inc. (NYSE:FI – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 584 shares of the business services provider’s stock, valued at approximately $78,000.

    A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FI. AMI Investment Management Inc. raised its stake in shares of Fiserv by 33.6% in the first quarter. AMI Investment Management Inc. now owns 27,999 shares of the business services provider’s stock valued at $2,839,000 after acquiring an additional 7,047 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Fiserv by 10.4% in the first quarter. American Century Companies Inc. now owns 9,227 shares of the business services provider’s stock valued at $936,000 after acquiring an additional 870 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Fiserv by 158.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 963 shares of the business services provider’s stock valued at $98,000 after acquiring an additional 590 shares during the last quarter. Prudential PLC bought a new position in shares of Fiserv in the first quarter valued at approximately $1,095,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Fiserv in the first quarter valued at approximately $357,000. Institutional investors own 90.98% of the company’s stock.

    Analyst Ratings Changes

    FI has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of Fiserv from $133.00 to $142.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 7th. Oppenheimer upgraded shares of Fiserv from a “market perform” rating to an “outperform” rating and set a $168.00 price objective for the company in a research report on Thursday, January 11th. StockNews.com started coverage on shares of Fiserv in a research report on Saturday, February 3rd. They issued a “buy” rating for the company. BNP Paribas upgraded shares of Fiserv from a “neutral” rating to an “outperform” rating in a research report on Wednesday, January 10th. Finally, Barclays boosted their price objective on shares of Fiserv from $165.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, April 1st. Six equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $158.21.

    Check Out Our Latest Report on FI

    Insider Activity

    In related news, COO Guy Chiarello sold 24,000 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $149.53, for a total value of $3,588,720.00. Following the sale, the chief operating officer now directly owns 163,699 shares of the company’s stock, valued at approximately $24,477,911.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 18.20% of the stock is owned by company insiders.

    Fiserv Price Performance

    Shares of FI stock opened at $151.20 on Friday. Fiserv, Inc. has a 12-month low of $109.11 and a 12-month high of $159.99. The firm has a market capitalization of $89.02 billion, a price-to-earnings ratio of 30.24, a price-to-earnings-growth ratio of 1.26 and a beta of 0.91. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.73. The firm has a fifty day moving average of $151.38 and a 200-day moving average of $135.31.

    Fiserv (NYSE:FI – Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The business services provider reported $2.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.04. Fiserv had a net margin of 16.07% and a return on equity of 15.16%. The company had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.68 billion. During the same quarter in the previous year, the business earned $1.91 EPS. The firm’s revenue was up 6.2% on a year-over-year basis. On average, equities research analysts forecast that Fiserv, Inc. will post 8.62 earnings per share for the current year.

    Fiserv Profile

    (Free Report)

    Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.

    See Also

    Want to see what other hedge funds are holding FI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fiserv, Inc. (NYSE:FI – Free Report).

    Institutional Ownership by Quarter for Fiserv (NYSE:FI)

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  • Halbert Hargrove Global Advisors LLC Has $207,000 Holdings in Visa Inc. (NYSE:V)

    Halbert Hargrove Global Advisors LLC Has $207,000 Holdings in Visa Inc. (NYSE:V)

    Halbert Hargrove Global Advisors LLC cut its holdings in Visa Inc. (NYSE:V – Free Report) by 51.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 795 shares of the credit-card processor’s stock after selling 830 shares during the period. Halbert Hargrove Global Advisors LLC’s holdings in Visa were worth $207,000 at the end of the most recent reporting period.

    Several other hedge funds have also recently bought and sold shares of V. Investment Advisory Services Inc. TX ADV boosted its holdings in shares of Visa by 2.0% during the 3rd quarter. Investment Advisory Services Inc. TX ADV now owns 3,930 shares of the credit-card processor’s stock worth $904,000 after buying an additional 78 shares during the period. Camarda Financial Advisors LLC boosted its holdings in Visa by 3.0% during the second quarter. Camarda Financial Advisors LLC now owns 6,249 shares of the credit-card processor’s stock valued at $1,484,000 after acquiring an additional 182 shares during the period. Towerpoint Wealth LLC acquired a new stake in shares of Visa in the fourth quarter valued at about $216,000. Wayfinding Financial LLC increased its stake in shares of Visa by 10.1% in the third quarter. Wayfinding Financial LLC now owns 1,757 shares of the credit-card processor’s stock worth $406,000 after purchasing an additional 161 shares during the period. Finally, Richelieu Gestion SA acquired a new position in shares of Visa during the 4th quarter worth about $307,000. 82.15% of the stock is owned by institutional investors and hedge funds.

    Visa Trading Up 1.1 %

    Shares of V stock opened at $277.14 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $508.97 billion, a P/E ratio of 31.89, a P/E/G ratio of 1.91 and a beta of 0.96. Visa Inc. has a 12-month low of $216.14 and a 12-month high of $290.96. The firm has a 50-day moving average price of $280.08 and a 200 day moving average price of $260.26.

    Visa (NYSE:V – Get Free Report) last announced its earnings results on Thursday, January 25th. The credit-card processor reported $2.41 EPS for the quarter, topping the consensus estimate of $2.34 by $0.07. Visa had a return on equity of 50.02% and a net margin of 53.92%. The business had revenue of $8.63 billion for the quarter, compared to the consensus estimate of $8.55 billion. During the same period in the previous year, the business earned $2.18 EPS. Visa’s revenue was up 9.3% compared to the same quarter last year. Research analysts forecast that Visa Inc. will post 9.89 earnings per share for the current fiscal year.

    Visa Announces Dividend

    The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 9th were issued a $0.52 dividend. The ex-dividend date was Thursday, February 8th. This represents a $2.08 annualized dividend and a yield of 0.75%. Visa’s dividend payout ratio (DPR) is presently 23.94%.

    Analyst Upgrades and Downgrades

    V has been the topic of a number of research analyst reports. Citigroup raised their target price on Visa from $296.00 to $306.00 and gave the company a “buy” rating in a report on Thursday, January 18th. William Blair reaffirmed an “outperform” rating on shares of Visa in a research report on Friday, January 26th. Monness Crespi & Hardt began coverage on shares of Visa in a research note on Wednesday, December 20th. They set a “neutral” rating for the company. Wells Fargo & Company raised their price target on shares of Visa from $300.00 to $325.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Visa from $305.00 to $315.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Five investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Visa presently has a consensus rating of “Moderate Buy” and a consensus target price of $295.82.

    Check Out Our Latest Stock Report on Visa

    Insider Activity at Visa

    In other news, insider Rajat Taneja sold 36,546 shares of the firm’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $270.20, for a total transaction of $9,874,729.20. Following the sale, the insider now owns 232,112 shares of the company’s stock, valued at $62,716,662.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Ryan Mcinerney sold 8,200 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $280.36, for a total value of $2,298,952.00. Following the completion of the transaction, the chief executive officer now directly owns 538 shares of the company’s stock, valued at approximately $150,833.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Rajat Taneja sold 36,546 shares of Visa stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $270.20, for a total value of $9,874,729.20. Following the completion of the sale, the insider now directly owns 232,112 shares in the company, valued at approximately $62,716,662.40. The disclosure for this sale can be found here. Insiders sold a total of 55,511 shares of company stock worth $15,131,081 in the last quarter. Corporate insiders own 0.19% of the company’s stock.

    About Visa

    (Free Report)

    Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

    Featured Stories

    Institutional Ownership by Quarter for Visa (NYSE:V)

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  • Code Chain New Continent (NASDAQ:CCNC) vs. GD Culture Group (NASDAQ:GDC) Head-To-Head Survey

    Code Chain New Continent (NASDAQ:CCNC) vs. GD Culture Group (NASDAQ:GDC) Head-To-Head Survey

    GD Culture Group (NASDAQ:GDC – Get Free Report) and Code Chain New Continent (NASDAQ:CCNC – Get Free Report) are both small-cap business services companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.

    Institutional & Insider Ownership

    1.3% of GD Culture Group shares are held by institutional investors. Comparatively, 34.8% of Code Chain New Continent shares are held by institutional investors. 2.0% of GD Culture Group shares are held by insiders. Comparatively, 16.3% of Code Chain New Continent shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

    Analyst Recommendations

    This is a summary of current ratings and target prices for GD Culture Group and Code Chain New Continent, as reported by MarketBeat.com.

    Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
    GD Culture Group 0 0 0 0 N/A
    Code Chain New Continent 0 0 0 0 N/A

    Valuation & Earnings

    This table compares GD Culture Group and Code Chain New Continent’s top-line revenue, earnings per share (EPS) and valuation.

    Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
    GD Culture Group $303,304.00 44.26 -$30.82 million N/A N/A
    Code Chain New Continent $25.03 million 0.22 -$26.97 million N/A N/A

    Code Chain New Continent has higher revenue and earnings than GD Culture Group.

    Profitability

    This table compares GD Culture Group and Code Chain New Continent’s net margins, return on equity and return on assets.

    Net Margins Return on Equity Return on Assets
    GD Culture Group N/A 209.38% 194.51%
    Code Chain New Continent N/A -16.61% -10.20%

    Volatility and Risk

    GD Culture Group has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, Code Chain New Continent has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.

    About GD Culture Group

    (Get Free Report)

    GD Culture Group Limited operates as an integrated marketing service agency. The company focuses on enterprise brand management, crisis public relations, intelligent public opinion monitoring, media PR, financial and economic we-media operation, digital face application, exhibition services, and other businesses. It also publishes books in corporate history, finance, and economics, as well as plans and organizes online and offline activities, such as new book launches and book sharing sessions to promote new books and build influence and reputation for the corporate clients. The company was formerly known as Code Chain New Continent Limited and changed its name to GD Culture Group Limited in January 2023. GD Culture Group Limited is based in Wan Chai, Hong Kong.

    About Code Chain New Continent

    (Get Free Report)

    Code Chain New Continent Limited, through its subsidiaries, focuses on research, development, and application of Internet of Things (IoT) and electronic token digital door signs. It creates digital door signs which is the digitalization of a physical store by means of animation and other technical services; and offers electronic tokens, that are used for purchasing virtual real estate properties. The company also offers Wuge Manor, a game that combines Internet of Things and e-commerce based on code chain platform that provides players with access to vendors and business owners in approximately 100 cities in China. Code Chain New Continent Limited is based in Chengdu, China.

    Receive News & Ratings for GD Culture Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for GD Culture Group and related companies with MarketBeat.com’s FREE daily email newsletter.

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  • Osaic Holdings Inc. Raises Holdings in Accenture plc (NYSE:ACN)

    Osaic Holdings Inc. Raises Holdings in Accenture plc (NYSE:ACN)

    Osaic Holdings Inc. grew its position in shares of Accenture plc (NYSE:ACN – Free Report) by 12.6% during the second quarter, Holdings Channel reports. The institutional investor owned 262,204 shares of the information technology services provider’s stock after purchasing an additional 29,421 shares during the quarter. Osaic Holdings Inc.’s holdings in Accenture were worth $80,980,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. raised its stake in shares of Accenture by 1.3% during the 1st quarter. BlackRock Inc. now owns 48,035,644 shares of the information technology services provider’s stock valued at $13,729,067,000 after purchasing an additional 634,462 shares during the period. State Street Corp raised its stake in shares of Accenture by 0.7% during the 2nd quarter. State Street Corp now owns 26,644,296 shares of the information technology services provider’s stock valued at $8,221,897,000 after purchasing an additional 190,412 shares during the period. Morgan Stanley increased its stake in Accenture by 14.9% in the 4th quarter. Morgan Stanley now owns 16,642,841 shares of the information technology services provider’s stock worth $4,440,976,000 after acquiring an additional 2,163,582 shares during the last quarter. Geode Capital Management LLC increased its stake in Accenture by 3.1% in the 2nd quarter. Geode Capital Management LLC now owns 11,816,701 shares of the information technology services provider’s stock worth $3,636,842,000 after acquiring an additional 353,521 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in Accenture by 21.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,535,663 shares of the information technology services provider’s stock worth $3,297,009,000 after acquiring an additional 2,060,646 shares during the last quarter. 70.42% of the stock is currently owned by institutional investors.

    Analyst Upgrades and Downgrades

    A number of brokerages have weighed in on ACN. Royal Bank of Canada restated an “outperform” rating and issued a $340.00 target price on shares of Accenture in a research note on Friday, September 29th. Barclays upped their target price on Accenture from $340.00 to $390.00 and gave the stock an “overweight” rating in a research note on Monday, September 11th. BMO Capital Markets decreased their target price on Accenture from $360.00 to $350.00 in a research note on Friday, September 29th. Robert W. Baird decreased their target price on Accenture from $332.00 to $322.00 and set a “neutral” rating on the stock in a research note on Friday, September 29th. Finally, TD Cowen reduced their price objective on Accenture from $312.00 to $300.00 and set a “market perform” rating on the stock in a research report on Friday, September 29th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $337.26.

    View Our Latest Stock Report on Accenture

    Insider Transactions at Accenture

    In related news, CEO Julie Spellman Sweet sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $291.41, for a total transaction of $2,622,690.00. Following the completion of the transaction, the chief executive officer now owns 35,830 shares of the company’s stock, valued at approximately $10,441,220.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Julie Spellman Sweet sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $291.41, for a total transaction of $2,622,690.00. Following the completion of the transaction, the chief executive officer now owns 35,830 shares of the company’s stock, valued at approximately $10,441,220.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ellyn Shook sold 5,250 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $298.48, for a total value of $1,567,020.00. Following the transaction, the insider now directly owns 20,265 shares of the company’s stock, valued at approximately $6,048,697.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,334 shares of company stock valued at $10,939,027. Corporate insiders own 0.08% of the company’s stock.

    Accenture Price Performance

    Shares of ACN stock opened at $343.65 on Thursday. The stock has a market capitalization of $215.79 billion, a PE ratio of 31.91, a P/E/G ratio of 3.11 and a beta of 1.23. Accenture plc has a 1-year low of $242.80 and a 1-year high of $345.20. The business has a 50-day moving average of $317.95 and a 200 day moving average of $314.99.

    Accenture (NYSE:ACN – Get Free Report) last released its quarterly earnings data on Thursday, September 28th. The information technology services provider reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.06. Accenture had a return on equity of 29.74% and a net margin of 10.72%. The business had revenue of $15.99 billion during the quarter, compared to analysts’ expectations of $16.07 billion. During the same quarter last year, the business posted $2.60 EPS. The business’s revenue was up 3.6% on a year-over-year basis. Analysts anticipate that Accenture plc will post 12.2 EPS for the current year.

    Accenture Increases Dividend

    The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Thursday, October 12th were given a $1.29 dividend. The ex-dividend date was Wednesday, October 11th. This represents a $5.16 annualized dividend and a dividend yield of 1.50%. This is a positive change from Accenture’s previous quarterly dividend of $1.12. Accenture’s dividend payout ratio is currently 47.91%.

    Accenture announced that its board has approved a share buyback program on Thursday, September 28th that allows the company to repurchase $4.00 billion in shares. This repurchase authorization allows the information technology services provider to buy up to 2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

    Accenture Company Profile

    (Free Report)

    Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

    Further Reading

    Want to see what other hedge funds are holding ACN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Accenture plc (NYSE:ACN – Free Report).

    Institutional Ownership by Quarter for Accenture (NYSE:ACN)

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  • Craig F. Jr. Courtemanche Sells 68,000 Shares of Procore Technologies, Inc. (NYSE:PCOR) Stock

    Craig F. Jr. Courtemanche Sells 68,000 Shares of Procore Technologies, Inc. (NYSE:PCOR) Stock

    Procore Technologies, Inc. (NYSE:PCOR – Get Free Report) CEO Craig F. Jr. Courtemanche sold 68,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $59.40, for a total value of $4,039,200.00. Following the transaction, the chief executive officer now directly owns 541,149 shares in the company, valued at approximately $32,144,250.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

    Procore Technologies Stock Up 3.5 %

    PCOR opened at $52.22 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market cap of $7.44 billion, a price-to-earnings ratio of -31.84 and a beta of 0.69. Procore Technologies, Inc. has a one year low of $41.80 and a one year high of $76.86. The business’s fifty day moving average is $64.66 and its two-hundred day moving average is $63.72.

    Procore Technologies (NYSE:PCOR – Get Free Report) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported ($0.28) EPS for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.13. Procore Technologies had a negative net margin of 25.94% and a negative return on equity of 15.92%. The firm had revenue of $228.54 million for the quarter, compared to analysts’ expectations of $217.69 million. Analysts anticipate that Procore Technologies, Inc. will post -1.37 EPS for the current fiscal year.

    Institutional Trading of Procore Technologies

    Several institutional investors and hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD raised its position in shares of Procore Technologies by 8.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,908,997 shares of the company’s stock worth $620,601,000 after purchasing an additional 734,057 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Procore Technologies by 20.4% during the third quarter. Vanguard Group Inc. now owns 6,141,607 shares of the company’s stock valued at $303,886,000 after acquiring an additional 1,042,498 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Procore Technologies by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 4,630,077 shares of the company’s stock worth $301,279,000 after acquiring an additional 605,879 shares during the last quarter. BlackRock Inc. grew its stake in Procore Technologies by 17.3% in the 2nd quarter. BlackRock Inc. now owns 3,576,438 shares of the company’s stock worth $232,719,000 after acquiring an additional 527,268 shares during the period. Finally, Morgan Stanley raised its holdings in Procore Technologies by 2.9% in the 4th quarter. Morgan Stanley now owns 2,987,734 shares of the company’s stock valued at $140,961,000 after acquiring an additional 82,918 shares during the last quarter. Hedge funds and other institutional investors own 81.10% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of research analysts have recently issued reports on PCOR shares. Scotiabank raised Procore Technologies from a “sector perform” rating to a “sector outperform” rating and set a $81.00 target price on the stock in a report on Tuesday, July 11th. JMP Securities dropped their price objective on shares of Procore Technologies from $75.00 to $69.00 and set a “market outperform” rating on the stock in a research note on Friday. JPMorgan Chase & Co. reduced their target price on shares of Procore Technologies from $85.00 to $76.00 and set an “overweight” rating for the company in a research note on Thursday. Mizuho dropped their price target on shares of Procore Technologies from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Canaccord Genuity Group raised their price objective on shares of Procore Technologies from $70.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.27.

    Read Our Latest Stock Report on Procore Technologies

    Procore Technologies Company Profile

    (Get Free Report)

    Procore Technologies, Inc provides a cloud-based construction management platform and related software products in the United States and internationally. The company’s platform enables owners, general and specialty contractors, architects, and engineers to collaborate on construction projects. It offers Preconstruction that facilitates collaboration between internal and external stakeholders during the planning, budgeting, estimating, bidding, and partner selection phase of a construction project; and Project Management, which enables real-time collaboration, information storage, design, BIM model clash detection, and regulation compliance for teams on the jobsite and in the back office.

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    Insider Buying and Selling by Quarter for Procore Technologies (NYSE:PCOR)

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  • JPMorgan Chase & Co. Increases Spotify Technology (NYSE:SPOT) Price Target to $205.00

    JPMorgan Chase & Co. Increases Spotify Technology (NYSE:SPOT) Price Target to $205.00

    Spotify Technology (NYSE:SPOT – Get Free Report) had its target price raised by JPMorgan Chase & Co. from $190.00 to $205.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 29.43% from the stock’s current price.

    SPOT has been the topic of a number of other reports. Barclays boosted their target price on Spotify Technology from $182.00 to $186.00 and gave the stock an “overweight” rating in a research report on Wednesday. Pivotal Research cut their target price on Spotify Technology from $145.00 to $140.00 in a research report on Wednesday, July 26th. Wells Fargo & Company lifted their price target on Spotify Technology from $180.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, July 14th. Monness Crespi & Hardt downgraded Spotify Technology from a “buy” rating to a “neutral” rating in a research note on Thursday, September 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded Spotify Technology from a “hold” rating to a “buy” rating and set a $180.00 target price on the stock in a report on Wednesday, July 26th. Seven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $168.32.

    Read Our Latest Research Report on Spotify Technology

    Spotify Technology Stock Down 2.1 %

    Shares of NYSE SPOT opened at $158.39 on Wednesday. Spotify Technology has a fifty-two week low of $69.29 and a fifty-two week high of $182.00. The firm’s 50-day simple moving average is $153.51 and its 200 day simple moving average is $150.39. The stock has a market cap of $30.84 billion, a P/E ratio of -39.60 and a beta of 1.70.

    Spotify Technology (NYSE:SPOT – Get Free Report) last announced its earnings results on Tuesday, October 24th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.56. Spotify Technology had a negative return on equity of 31.93% and a negative net margin of 5.70%. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.62 billion. On average, sell-side analysts anticipate that Spotify Technology will post -3.09 earnings per share for the current fiscal year.

    Hedge Funds Weigh In On Spotify Technology

    A number of hedge funds have recently made changes to their positions in SPOT. SRS Investment Management LLC acquired a new position in shares of Spotify Technology in the 1st quarter valued at $294,683,000. Acadian Asset Management LLC raised its stake in shares of Spotify Technology by 55,455.8% in the 2nd quarter. Acadian Asset Management LLC now owns 1,719,453 shares of the company’s stock valued at $276,015,000 after buying an additional 1,716,358 shares in the last quarter. Norges Bank acquired a new position in shares of Spotify Technology in the 4th quarter valued at $123,027,000. Wellington Management Group LLP raised its stake in shares of Spotify Technology by 140.8% in the 1st quarter. Wellington Management Group LLP now owns 1,694,044 shares of the company’s stock valued at $226,358,000 after buying an additional 990,485 shares in the last quarter. Finally, Technology Crossover Management XI Ltd. acquired a new position in shares of Spotify Technology in the 1st quarter valued at $127,271,000. Institutional investors and hedge funds own 56.89% of the company’s stock.

    Spotify Technology Company Profile

    (Get Free Report)

    Spotify Technology SA, together with its subsidiaries, provides audio streaming services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

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    Analyst Recommendations for Spotify Technology (NYSE:SPOT)

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  • Calamos Advisors LLC Sells 26,687 Shares of Waste Management, Inc. (NYSE:WM)

    Calamos Advisors LLC Sells 26,687 Shares of Waste Management, Inc. (NYSE:WM)

    Calamos Advisors LLC lessened its stake in shares of Waste Management, Inc. (NYSE:WM – Free Report) by 13.3% during the 1st quarter, Holdings Channel reports. The fund owned 174,224 shares of the business services provider’s stock after selling 26,687 shares during the period. Calamos Advisors LLC’s holdings in Waste Management were worth $28,428,000 as of its most recent SEC filing.

    Several other hedge funds and other institutional investors have also bought and sold shares of WM. Acadian Asset Management LLC boosted its position in Waste Management by 534.5% during the 1st quarter. Acadian Asset Management LLC now owns 3,344 shares of the business services provider’s stock valued at $530,000 after acquiring an additional 2,817 shares in the last quarter. Blair William & Co. IL boosted its position in Waste Management by 0.7% during the 1st quarter. Blair William & Co. IL now owns 53,067 shares of the business services provider’s stock valued at $8,411,000 after acquiring an additional 370 shares in the last quarter. Baird Financial Group Inc. boosted its position in Waste Management by 0.6% during the 1st quarter. Baird Financial Group Inc. now owns 358,624 shares of the business services provider’s stock valued at $56,842,000 after acquiring an additional 2,309 shares in the last quarter. Covestor Ltd boosted its position in Waste Management by 83.8% during the 1st quarter. Covestor Ltd now owns 680 shares of the business services provider’s stock valued at $108,000 after acquiring an additional 310 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Waste Management by 44.8% in the 1st quarter. NewEdge Advisors LLC now owns 33,030 shares of the business services provider’s stock worth $5,234,000 after purchasing an additional 10,212 shares in the last quarter. Institutional investors own 78.91% of the company’s stock.

    Analyst Ratings Changes

    WM has been the subject of a number of recent analyst reports. StockNews.com initiated coverage on Waste Management in a research report on Thursday, May 18th. They issued a “buy” rating for the company. Stifel Nicolaus upgraded Waste Management from a “hold” rating to a “buy” rating and raised their target price for the stock from $171.00 to $177.00 in a research note on Friday, April 28th. 51job restated a “maintains” rating on shares of Waste Management in a research note on Thursday, April 27th. Morgan Stanley raised their target price on Waste Management from $179.00 to $181.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 6th. Finally, Citigroup reduced their target price on Waste Management from $204.00 to $202.00 in a research note on Thursday. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $179.18.

    Insider Buying and Selling

    In related news, Director John C. Pope sold 198 shares of Waste Management stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $168.40, for a total value of $33,343.20. Following the sale, the director now directly owns 56,147 shares in the company, valued at approximately $9,455,154.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.27% of the stock is currently owned by insiders.

    Waste Management Price Performance

    Shares of Waste Management stock opened at $162.94 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.82 and a debt-to-equity ratio of 2.14. Waste Management, Inc. has a twelve month low of $148.31 and a twelve month high of $175.98. The business has a 50-day moving average price of $166.28 and a 200 day moving average price of $160.75. The firm has a market cap of $66.29 billion, a PE ratio of 29.31, a P/E/G ratio of 2.74 and a beta of 0.73.

    Waste Management (NYSE:WM – Get Free Report) last announced its quarterly earnings results on Tuesday, July 25th. The business services provider reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.03). Waste Management had a net margin of 11.42% and a return on equity of 33.81%. The business had revenue of $5.12 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the prior year, the firm earned $1.44 EPS. Waste Management’s revenue for the quarter was up 1.8% on a year-over-year basis. Sell-side analysts predict that Waste Management, Inc. will post 5.98 earnings per share for the current fiscal year.

    Waste Management Dividend Announcement

    The company also recently disclosed a quarterly dividend, which was paid on Friday, June 16th. Investors of record on Friday, June 2nd were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.72%. The ex-dividend date was Thursday, June 1st. Waste Management’s payout ratio is 50.36%.

    Waste Management Profile

    (Free Report)

    Waste Management, Inc, through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity.

    Further Reading

    Want to see what other hedge funds are holding WM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waste Management, Inc. (NYSE:WM – Free Report).

    Institutional Ownership by Quarter for Waste Management (NYSE:WM)

    Receive News & Ratings for Waste Management Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Waste Management and related companies with MarketBeat.com’s FREE daily email newsletter.

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