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Tag: Consensus

  • Quest Diagnostics Incorporated (NYSE:DGX) Given Average Rating of “Moderate Buy” by Analysts

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    Quest Diagnostics Incorporated (NYSE:DGX – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the sixteen brokerages that are covering the stock, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $198.2667.

    A number of analysts have commented on DGX shares. Weiss Ratings restated a “buy (b-)” rating on shares of Quest Diagnostics in a research note on Monday, December 29th. Evercore ISI lifted their target price on shares of Quest Diagnostics from $185.00 to $190.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 8th. UBS Group lifted their target price on Quest Diagnostics from $180.00 to $190.00 and gave the stock a “neutral” rating in a research note on Friday, October 17th. Wall Street Zen cut shares of Quest Diagnostics from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Finally, Barclays upgraded Quest Diagnostics from an “equal weight” rating to an “overweight” rating and set a $210.00 price objective on the stock in a research note on Friday.

    View Our Latest Stock Report on DGX

    Insider Activity

    In other news, SVP Mark E. Delaney sold 7,946 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $187.35, for a total value of $1,488,683.10. Following the sale, the senior vice president directly owned 7,530 shares of the company’s stock, valued at approximately $1,410,745.50. This represents a 51.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Vicky B. Gregg sold 1,250 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $191.76, for a total transaction of $239,700.00. Following the completion of the transaction, the director directly owned 17,037 shares of the company’s stock, valued at approximately $3,267,015.12. The trade was a 6.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 64,289 shares of company stock worth $12,318,360 over the last ninety days. Company insiders own 8.16% of the company’s stock.

    Institutional Trading of Quest Diagnostics

    A number of hedge funds have recently made changes to their positions in DGX. Brighton Jones LLC bought a new stake in Quest Diagnostics during the fourth quarter worth about $323,000. Janney Montgomery Scott LLC lifted its position in shares of Quest Diagnostics by 11.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 20,142 shares of the medical research company’s stock worth $3,618,000 after purchasing an additional 2,132 shares during the period. PFG Investments LLC lifted its holdings in Quest Diagnostics by 4.9% in the second quarter. PFG Investments LLC now owns 1,952 shares of the medical research company’s stock worth $351,000 after buying an additional 92 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Quest Diagnostics by 5.7% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,407 shares of the medical research company’s stock valued at $2,768,000 after purchasing an additional 830 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in Quest Diagnostics during the second quarter valued at $35,000. 88.06% of the stock is owned by institutional investors.

    Quest Diagnostics Stock Performance

    Shares of Quest Diagnostics stock opened at $186.90 on Monday. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.13 and a quick ratio of 1.04. Quest Diagnostics has a one year low of $157.20 and a one year high of $197.55. The business has a 50-day simple moving average of $181.36 and a 200 day simple moving average of $180.73. The firm has a market capitalization of $20.79 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 2.37 and a beta of 0.66.

    Quest Diagnostics Announces Dividend

    The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Tuesday, January 13th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, January 13th. Quest Diagnostics’s payout ratio is presently 37.56%.

    Quest Diagnostics Company Profile

    (Get Free Report)

    Quest Diagnostics (NYSE: DGX) is a leading provider of diagnostic information services that supports clinical decision-making for patients, physicians and healthcare organizations. The company operates a network of clinical laboratories and patient service centers that perform a broad range of laboratory tests and diagnostic assays used in routine care, disease diagnosis, monitoring and screening.

    Its services span core clinical laboratory testing, anatomic pathology, molecular and genomic diagnostics, infectious disease testing and toxicology.

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  • McGraw Hill, Inc. (NYSE:MH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

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    Shares of McGraw Hill, Inc. (NYSE:MH – Get Free Report) have received an average recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $20.9667.

    Several research analysts recently commented on the stock. Robert W. Baird assumed coverage on shares of McGraw Hill in a research note on Monday, August 18th. They issued an “outperform” rating and a $21.00 target price on the stock. Rothschild & Co Redburn assumed coverage on shares of McGraw Hill in a research note on Monday, August 18th. They issued a “buy” rating and a $28.60 target price on the stock. BTIG Research assumed coverage on shares of McGraw Hill in a research note on Monday, August 18th. They issued a “buy” rating and a $19.00 target price on the stock. Stifel Nicolaus assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued a “buy” rating and a $19.00 price target on the stock. Finally, Morgan Stanley assumed coverage on shares of McGraw Hill in a report on Monday, August 18th. They issued an “overweight” rating and a $20.00 price target on the stock.

    Read Our Latest Analysis on McGraw Hill

    McGraw Hill Trading Down 2.6%

    Shares of NYSE MH opened at $12.14 on Tuesday. McGraw Hill has a 52 week low of $11.17 and a 52 week high of $17.25. The business has a fifty day moving average price of $13.86.

    McGraw Hill Company Profile

    (Get Free Report)

    At McGraw Hill, our purpose is to unlock the potential of each learner at every stage of life. Our mission is to support educators, learners and professionals around the world with trusted, high-quality content and digital solutions that use data and learning science to adapt to each student as they progress towards their goals.

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    Analyst Recommendations for McGraw Hill (NYSE:MH)



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  • CocaCola Company (The) (NYSE:KO) Receives Consensus Rating of “Buy” from Brokerages

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    Shares of CocaCola Company (The) (NYSE:KO – Get Free Report) have been assigned a consensus recommendation of “Buy” from the sixteen analysts that are covering the firm, Marketbeat.com reports. Fourteen investment analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $77.2143.

    Several analysts have commented on KO shares. Royal Bank Of Canada set a $76.00 price objective on shares of CocaCola and gave the stock an “outperform” rating in a report on Monday, July 21st. UBS Group lowered their price objective on shares of CocaCola from $86.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, July 23rd. JPMorgan Chase & Co. raised their price objective on shares of CocaCola from $77.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, July 23rd. Morgan Stanley restated an “overweight” rating and issued a $81.00 price objective on shares of CocaCola in a report on Monday, June 9th. Finally, BNP Paribas restated an “outperform” rating and issued a $83.00 price objective on shares of CocaCola in a report on Monday, July 21st.

    Check Out Our Latest Analysis on KO

    Insider Activity

    In other news, insider Nikolaos Koumettis sold 37,396 shares of CocaCola stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $69.10, for a total transaction of $2,584,063.60. Following the completion of the transaction, the insider directly owned 209,513 shares in the company, valued at approximately $14,477,348.30. This trade represents a 15.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.

    Hedge Funds Weigh In On CocaCola

    Large investors have recently made changes to their positions in the business. MorganRosel Wealth Management LLC purchased a new position in shares of CocaCola during the first quarter valued at approximately $25,000. 1248 Management LLC purchased a new position in CocaCola in the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd raised its holdings in CocaCola by 5,142.9% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock worth $26,000 after acquiring an additional 360 shares during the last quarter. Headlands Technologies LLC purchased a new position in CocaCola in the 2nd quarter worth approximately $26,000. Finally, Garde Capital Inc. purchased a new position in CocaCola in the 1st quarter worth approximately $30,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

    CocaCola Stock Down 0.8%

    NYSE KO opened at $67.43 on Tuesday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.21 and a quick ratio of 0.98. The stock has a market capitalization of $290.18 billion, a PE ratio of 23.91, a PEG ratio of 3.54 and a beta of 0.43. CocaCola has a 1 year low of $60.62 and a 1 year high of $74.38. The business’s 50-day moving average is $69.59 and its 200 day moving average is $70.46.

    CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.83 by $0.04. CocaCola had a net margin of 25.89% and a return on equity of 44.91%. The business had revenue of $12.50 billion during the quarter, compared to analyst estimates of $12.55 billion. During the same period last year, the business posted $0.84 earnings per share. CocaCola’s quarterly revenue was up 2.5% compared to the same quarter last year. CocaCola has set its FY 2025 guidance at 2.970-2.970 EPS. Sell-side analysts forecast that CocaCola will post 2.96 earnings per share for the current year.

    CocaCola Dividend Announcement

    The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, September 15th. CocaCola’s dividend payout ratio (DPR) is presently 72.34%.

    CocaCola Company Profile

    (Get Free Report)

    The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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  • Advanced Micro Devices, Inc. (NASDAQ:AMD) Receives Consensus Rating of “Moderate Buy” from Brokerages

    Advanced Micro Devices, Inc. (NASDAQ:AMD) Receives Consensus Rating of “Moderate Buy” from Brokerages

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    Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the thirty-two brokerages that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, twenty-eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $192.79.

    A number of research analysts recently weighed in on AMD shares. TD Cowen decreased their target price on shares of Advanced Micro Devices from $210.00 to $185.00 and set a “buy” rating for the company in a research report on Wednesday. Wedbush reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, July 31st. Evercore ISI raised their target price on shares of Advanced Micro Devices from $193.00 to $198.00 and gave the company an “outperform” rating in a research report on Wednesday. BNP Paribas raised shares of Advanced Micro Devices to a “strong-buy” rating in a research report on Wednesday, July 31st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday.

    Read Our Latest Stock Analysis on AMD

    Institutional Trading of Advanced Micro Devices

    Hedge funds and other institutional investors have recently bought and sold shares of the business. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Advanced Micro Devices by 59.9% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 309,561 shares of the semiconductor manufacturer’s stock worth $50,214,000 after purchasing an additional 116,020 shares in the last quarter. Wesbanco Bank Inc. raised its stake in Advanced Micro Devices by 15.7% in the 3rd quarter. Wesbanco Bank Inc. now owns 155,558 shares of the semiconductor manufacturer’s stock worth $25,524,000 after purchasing an additional 21,132 shares in the last quarter. St. Louis Financial Planners Asset Management LLC acquired a new stake in Advanced Micro Devices in the 3rd quarter worth about $2,394,000. Sycomore Asset Management raised its stake in Advanced Micro Devices by 28.6% in the 2nd quarter. Sycomore Asset Management now owns 137,883 shares of the semiconductor manufacturer’s stock worth $21,722,000 after purchasing an additional 30,677 shares in the last quarter. Finally, Custom Index Systems LLC acquired a new stake in Advanced Micro Devices in the 3rd quarter worth about $559,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

    Advanced Micro Devices Stock Down 1.5 %

    Shares of AMD stock opened at $141.86 on Tuesday. The firm has a fifty day moving average of $154.75 and a 200-day moving average of $155.76. The company has a quick ratio of 2.01, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. Advanced Micro Devices has a 12-month low of $105.91 and a 12-month high of $227.30. The company has a market capitalization of $229.60 billion, a price-to-earnings ratio of 127.80, a P/E/G ratio of 2.03 and a beta of 1.70.

    Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.92. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.71 billion. During the same quarter in the prior year, the firm earned $0.53 earnings per share. The firm’s revenue was up 17.6% compared to the same quarter last year. As a group, equities research analysts predict that Advanced Micro Devices will post 2.56 earnings per share for the current fiscal year.

    Advanced Micro Devices Company Profile

    (Get Free Report

    Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

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  • Janus Henderson Group plc (NYSE:JHG) Receives $34.63 Consensus Price Target from Analysts

    Janus Henderson Group plc (NYSE:JHG) Receives $34.63 Consensus Price Target from Analysts

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    Shares of Janus Henderson Group plc (NYSE:JHG – Get Free Report) have been assigned an average recommendation of “Hold” from the ten brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $34.73.

    JHG has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. TD Cowen increased their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “sell” rating in a research report on Thursday, October 3rd. Finally, StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, August 16th.

    View Our Latest Research Report on Janus Henderson Group

    Janus Henderson Group Price Performance

    JHG stock opened at $39.15 on Monday. The company has a fifty day moving average price of $36.74 and a 200-day moving average price of $34.58. The company has a market capitalization of $6.23 billion, a P/E ratio of 14.77, a PEG ratio of 0.75 and a beta of 1.50. Janus Henderson Group has a 52-week low of $22.17 and a 52-week high of $39.36. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05.

    Janus Henderson Group (NYSE:JHG – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The firm had revenue of $588.40 million during the quarter, compared to the consensus estimate of $568.79 million. During the same quarter last year, the firm earned $0.62 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. As a group, equities analysts expect that Janus Henderson Group will post 3.25 EPS for the current year.

    Janus Henderson Group Dividend Announcement

    The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.99%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

    Insider Buying and Selling at Janus Henderson Group

    In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at $4,923,869.98. 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 at this link. In other news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares of the company’s stock, valued at $4,923,869.98. 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 at this link. Also, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,651 shares of company stock valued at $918,158. Corporate insiders own 19.60% of the company’s stock.

    Institutional Investors Weigh In On Janus Henderson Group

    A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Janus Henderson Group by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 13,652,673 shares of the company’s stock worth $449,036,000 after purchasing an additional 71,753 shares in the last quarter. Capital Research Global Investors grew its position in Janus Henderson Group by 1.2% in the 1st quarter. Capital Research Global Investors now owns 8,831,148 shares of the company’s stock worth $290,456,000 after purchasing an additional 103,341 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Janus Henderson Group by 4.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 8,090,743 shares of the company’s stock worth $272,741,000 after purchasing an additional 344,582 shares in the last quarter. Millennium Management LLC grew its position in Janus Henderson Group by 43.5% in the 2nd quarter. Millennium Management LLC now owns 5,968,705 shares of the company’s stock worth $201,205,000 after purchasing an additional 1,809,249 shares in the last quarter. Finally, Ariel Investments LLC grew its position in Janus Henderson Group by 0.7% in the 2nd quarter. Ariel Investments LLC now owns 2,256,434 shares of the company’s stock worth $76,064,000 after purchasing an additional 16,653 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

    Janus Henderson Group Company Profile

    (Get Free Report

    Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.

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    Analyst Recommendations for Janus Henderson Group (NYSE:JHG)

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  • Brokerages Set Athabasca Oil Co. (TSE:ATH) PT at C$6.36

    Brokerages Set Athabasca Oil Co. (TSE:ATH) PT at C$6.36

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    Athabasca Oil Co. (TSE:ATH – Get Free Report) has earned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is C$6.36.

    Several analysts have commented on the stock. ATB Capital lifted their target price on shares of Athabasca Oil from C$7.00 to C$7.50 in a research note on Thursday, July 25th. National Bankshares boosted their price objective on shares of Athabasca Oil from C$7.00 to C$7.50 in a research note on Thursday, July 25th. TD Securities boosted their price objective on shares of Athabasca Oil from C$5.50 to C$6.00 in a research note on Thursday, July 25th. Finally, Royal Bank of Canada lowered their price objective on shares of Athabasca Oil from C$6.00 to C$5.50 in a research note on Tuesday, September 17th.

    View Our Latest Stock Report on ATH

    Insider Activity

    In other Athabasca Oil news, Senior Officer Karla Dawn Ingoldsby sold 215,200 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of C$5.57, for a total value of C$1,198,879.20. In other news, insider Athabasca Oil Corporation purchased 259,700 shares of the company’s stock in a transaction on Friday, August 30th. The shares were bought at an average price of C$5.38 per share, for a total transaction of C$1,396,848.39. Also, Senior Officer Karla Dawn Ingoldsby sold 215,200 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of C$5.57, for a total transaction of C$1,198,879.20. Company insiders own 0.55% of the company’s stock.

    Athabasca Oil Price Performance

    Shares of TSE:ATH opened at C$5.13 on Friday. The company has a quick ratio of 1.24, a current ratio of 2.46 and a debt-to-equity ratio of 11.60. The company has a market cap of C$2.79 billion, a P/E ratio of 34.20, a PEG ratio of -0.51 and a beta of 2.08. Athabasca Oil has a 52 week low of C$3.36 and a 52 week high of C$5.72. The company has a 50-day moving average price of C$5.32 and a 200 day moving average price of C$5.16.

    Athabasca Oil (TSE:ATH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The oil and gas exploration company reported C$0.17 earnings per share (EPS) for the quarter. Athabasca Oil had a net margin of 6.32% and a return on equity of 5.04%. The company had revenue of C$401.74 million during the quarter. Research analysts predict that Athabasca Oil will post 0.7400821 earnings per share for the current year.

    About Athabasca Oil

    (Get Free Report

    Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company’s principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta.

    Further Reading

    Analyst Recommendations for Athabasca Oil (TSE:ATH)

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  • Caesars Entertainment, Inc. (NASDAQ:CZR) Receives Average Recommendation of “Moderate Buy” from Analysts

    Caesars Entertainment, Inc. (NASDAQ:CZR) Receives Average Recommendation of “Moderate Buy” from Analysts

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    Shares of Caesars Entertainment, Inc. (NASDAQ:CZR – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the fourteen ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $54.21.

    Several brokerages have recently weighed in on CZR. StockNews.com lowered shares of Caesars Entertainment from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Raymond James began coverage on shares of Caesars Entertainment in a research report on Tuesday, May 21st. They set a “strong-buy” rating and a $55.00 target price for the company. B. Riley started coverage on shares of Caesars Entertainment in a research note on Thursday, May 9th. They issued a “buy” rating and a $70.00 price objective for the company. Morgan Stanley dropped their target price on Caesars Entertainment from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research report on Friday, July 12th. Finally, Wells Fargo & Company lifted their price target on Caesars Entertainment from $53.00 to $56.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st.

    View Our Latest Stock Analysis on CZR

    Caesars Entertainment Stock Up 1.3 %

    NASDAQ CZR opened at $37.64 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 5.56. Caesars Entertainment has a 1-year low of $31.74 and a 1-year high of $56.29. The company has a 50 day moving average of $37.00 and a 200-day moving average of $38.32. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 10.66 and a beta of 2.99.

    Caesars Entertainment (NASDAQ:CZR – Get Free Report) last posted its earnings results on Tuesday, July 30th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.68). Caesars Entertainment had a negative return on equity of 2.57% and a negative net margin of 2.44%. The company had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the previous year, the firm posted $0.82 EPS. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, equities research analysts expect that Caesars Entertainment will post 0.12 earnings per share for the current fiscal year.

    Institutional Inflows and Outflows

    A number of institutional investors and hedge funds have recently modified their holdings of CZR. Gordian Capital Singapore Pte Ltd purchased a new position in shares of Caesars Entertainment in the second quarter worth $287,000. Dana Investment Advisors Inc. increased its stake in shares of Caesars Entertainment by 6.5% in the second quarter. Dana Investment Advisors Inc. now owns 98,695 shares of the company’s stock worth $3,922,000 after buying an additional 6,022 shares during the period. Truist Financial Corp increased its stake in shares of Caesars Entertainment by 20.2% in the second quarter. Truist Financial Corp now owns 6,255 shares of the company’s stock worth $249,000 after buying an additional 1,050 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Caesars Entertainment by 783.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 928,529 shares of the company’s stock worth $36,900,000 after buying an additional 823,428 shares during the period. Finally, Creative Planning increased its stake in shares of Caesars Entertainment by 73.4% in the second quarter. Creative Planning now owns 150,191 shares of the company’s stock worth $5,969,000 after buying an additional 63,575 shares during the period. 91.79% of the stock is owned by institutional investors.

    About Caesars Entertainment

    (Get Free Report

    Caesars Entertainment, Inc operates as a gaming and hospitality company. The company owns, leases, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker. It also operates and conducts retail and online sports wagering across 31 jurisdictions in North America and operates iGaming in five jurisdictions in North America; sports betting from our retail and online sportsbooks; and other games, such as keno.

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  • Brokerages Set Yum China Holdings, Inc. (NYSE:YUMC) Price Target at $69.50

    Brokerages Set Yum China Holdings, Inc. (NYSE:YUMC) Price Target at $69.50

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    Shares of Yum China Holdings, Inc. (NYSE:YUMC – Get Free Report) have been given an average recommendation of “Buy” by the four ratings firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $69.50.

    A number of analysts have weighed in on YUMC shares. StockNews.com cut Yum China from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Jefferies Financial Group upgraded Yum China from a “hold” rating to a “buy” rating and increased their price objective for the company from $65.78 to $71.30 in a research report on Thursday, September 21st. TheStreet lowered Yum China from a “b-” rating to a “c+” rating in a research report on Monday, November 20th. HSBC raised their price target on Yum China from $77.90 to $79.20 and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Yum China in a research report on Tuesday, December 19th. They issued a “buy” rating and a $58.00 price target on the stock.

    View Our Latest Research Report on YUMC

    Yum China Stock Performance

    Shares of NYSE YUMC opened at $42.43 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.59 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $17.55 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 1.16 and a beta of 0.45. The stock’s fifty day simple moving average is $44.13 and its 200 day simple moving average is $51.62. Yum China has a 52-week low of $38.99 and a 52-week high of $64.70.

    Yum China (NYSE:YUMC – Get Free Report) last issued its earnings results on Tuesday, October 31st. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.09). The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $3.12 billion. Yum China had a return on equity of 10.91% and a net margin of 7.41%. The business’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. As a group, sell-side analysts forecast that Yum China will post 1.9 earnings per share for the current fiscal year.

    Yum China Announces Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 28th were given a dividend of $0.13 per share. The ex-dividend date was Monday, November 27th. This represents a $0.52 annualized dividend and a yield of 1.23%. Yum China’s dividend payout ratio is currently 27.96%.

    Insider Transactions at Yum China

    In related news, insider Warton Wang sold 3,975 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $46.78, for a total value of $185,950.50. Following the sale, the insider now owns 5,108 shares of the company’s stock, valued at $238,952.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Warton Wang sold 3,975 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $46.78, for a total transaction of $185,950.50. Following the transaction, the insider now owns 5,108 shares in the company, valued at $238,952.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joey Wat acquired 14,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average price of $46.26 per share, for a total transaction of $647,640.00. Following the acquisition, the chief executive officer now directly owns 269,144 shares of the company’s stock, valued at approximately $12,450,601.44. The disclosure for this purchase can be found here. Company insiders own 0.33% of the company’s stock.

    Institutional Investors Weigh In On Yum China

    Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. boosted its holdings in Yum China by 140.0% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 250,975 shares of the company’s stock worth $10,187,000 after buying an additional 146,410 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Yum China by 2.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,843 shares of the company’s stock worth $907,000 after buying an additional 528 shares during the period. Cetera Advisor Networks LLC boosted its holdings in Yum China by 7.5% in the 1st quarter. Cetera Advisor Networks LLC now owns 12,533 shares of the company’s stock worth $521,000 after buying an additional 871 shares during the period. MetLife Investment Management LLC bought a new position in Yum China in the 1st quarter worth approximately $418,000. Finally, Rhumbline Advisers boosted its holdings in Yum China by 5.3% in the 1st quarter. Rhumbline Advisers now owns 407,659 shares of the company’s stock worth $16,934,000 after buying an additional 20,676 shares during the period. Hedge funds and other institutional investors own 73.91% of the company’s stock.

    About Yum China

    (Get Free Report

    Yum China Holdings, Inc owns, operates, and franchises restaurants in the People’s Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, and pasta; and offers online food deliver services.

    Further Reading

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  • Computer Modelling Group Ltd. (TSE:CMG) Receives C$9.58 Average PT from Brokerages

    Computer Modelling Group Ltd. (TSE:CMG) Receives C$9.58 Average PT from Brokerages

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    Shares of Computer Modelling Group Ltd. (TSE:CMG – Get Free Report) have received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$9.75.

    A number of equities research analysts have weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of Computer Modelling Group from C$10.00 to C$10.50 and gave the company a “hold” rating in a research note on Tuesday, November 14th. Barclays reduced their price objective on Computer Modelling Group from C$9.00 to C$8.00 and set an “underweight” rating for the company in a research report on Monday. Acumen Capital raised their target price on Computer Modelling Group from C$11.00 to C$11.50 and gave the stock a “buy” rating in a research report on Tuesday, September 26th. Echelon Wealth Partners reaffirmed a “buy” rating on shares of Computer Modelling Group in a research report on Tuesday, November 14th. Finally, Industrial Alliance Securities set a C$9.50 price objective on shares of Computer Modelling Group and gave the stock a “buy” rating in a research note on Thursday, August 31st.

    Check Out Our Latest Stock Analysis on CMG

    Insider Buying and Selling at Computer Modelling Group

    In related news, Senior Officer Robert David Hicks sold 10,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of C$10.20, for a total transaction of C$102,000.00. In other Computer Modelling Group news, Senior Officer Long X. Nghiem sold 16,200 shares of Computer Modelling Group stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of C$10.06, for a total value of C$162,972.00. Also, Senior Officer Robert David Hicks sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of C$10.20, for a total value of C$102,000.00. Insiders own 1.64% of the company’s stock.

    Computer Modelling Group Stock Up 0.2 %

    Shares of Computer Modelling Group stock opened at C$10.00 on Monday. Computer Modelling Group has a twelve month low of C$5.24 and a twelve month high of C$10.76. The company has a quick ratio of 2.25, a current ratio of 1.51 and a debt-to-equity ratio of 64.85. The company’s 50 day moving average is C$9.24 and its 200 day moving average is C$7.99. The company has a market cap of C$808.10 million, a price-to-earnings ratio of 33.33, a price-to-earnings-growth ratio of 1.97 and a beta of 1.18.

    Computer Modelling Group Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, December 7th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 2.00%. The ex-dividend date of this dividend is Wednesday, December 6th. Computer Modelling Group’s dividend payout ratio (DPR) is presently 66.67%.

    Computer Modelling Group Company Profile

    (Get Free Report

    Computer Modelling Group Ltd., a computer software technology company, engages in the development and licensing of reservoir simulation software and related services in Canada and internationally. The company offers CMOST-AI, an intelligent optimization and analysis tool that offers solution for reservoir by combining advanced statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional reservoirs; and GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling.

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  • Prosus (OTCMKTS:PROSY) Receives Average Rating of “Moderate Buy” from Analysts

    Prosus (OTCMKTS:PROSY) Receives Average Rating of “Moderate Buy” from Analysts

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    Prosus (OTCMKTS:PROSY – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

    A number of equities research analysts have recently commented on PROSY shares. Barclays raised Prosus from an “equal weight” rating to an “overweight” rating in a research note on Thursday, August 17th. HSBC raised Prosus from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th.

    View Our Latest Stock Report on PROSY

    Prosus Trading Down 1.4 %

    PROSY opened at $13.66 on Monday. The stock has a fifty day simple moving average of $14.45 and a two-hundred day simple moving average of $14.53. Prosus has a 12-month low of $7.91 and a 12-month high of $17.13.

    Prosus’s stock is going to split on Tuesday, September 26th. The 2.17960000 split was announced on Tuesday, September 26th. The newly minted shares will be issued to shareholders after the closing bell on Tuesday, September 26th.

    Prosus Company Profile

    (Get Free Report

    Prosus N.V. engages in the e-commerce and internet businesses. The company operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, health, ventures, social, and other internet platforms. It has operations in Latin and North America, the Middle East, Africa, Europe, Asia, and internationally.

    Further Reading

    Analyst Recommendations for Prosus (OTCMKTS:PROSY)

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  • Analysts Set Lockheed Martin Co. (NYSE:LMT) Price Target at $499.43

    Analysts Set Lockheed Martin Co. (NYSE:LMT) Price Target at $499.43

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    Shares of Lockheed Martin Co. (NYSE:LMT – Get Free Report) have earned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $499.43.

    A number of equities analysts recently commented on LMT shares. Sanford C. Bernstein lifted their price objective on Lockheed Martin from $478.00 to $496.00 and gave the stock a “market perform” rating in a research note on Thursday, April 20th. Wells Fargo & Company lifted their target price on shares of Lockheed Martin from $433.00 to $440.00 in a research note on Wednesday, July 19th. Robert W. Baird cut shares of Lockheed Martin from an “outperform” rating to a “neutral” rating and set a $513.00 price target on the stock. in a research report on Wednesday, April 12th. JPMorgan Chase & Co. lifted their price objective on Lockheed Martin from $480.00 to $500.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 19th. Finally, Credit Suisse Group upped their target price on Lockheed Martin from $510.00 to $550.00 and gave the company an “outperform” rating in a research report on Wednesday, April 19th.

    Lockheed Martin Trading Down 0.5 %

    LMT opened at $445.72 on Thursday. The company has a market cap of $112.25 billion, a P/E ratio of 16.30, a PEG ratio of 2.55 and a beta of 0.65. The company has a current ratio of 1.36, a quick ratio of 1.16 and a debt-to-equity ratio of 1.87. The company’s 50 day moving average is $456.47 and its 200-day moving average is $465.01. Lockheed Martin has a 1-year low of $381.55 and a 1-year high of $508.10.

    Lockheed Martin (NYSE:LMT – Get Free Report) last posted its earnings results on Tuesday, July 18th. The aerospace company reported $6.73 EPS for the quarter, beating the consensus estimate of $6.45 by $0.28. The firm had revenue of $16.69 billion during the quarter, compared to the consensus estimate of $15.92 billion. Lockheed Martin had a return on equity of 71.67% and a net margin of 10.48%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the company earned $6.32 earnings per share. Equities research analysts predict that Lockheed Martin will post 27.08 earnings per share for the current fiscal year.

    Lockheed Martin Dividend Announcement

    The firm also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 1st will be issued a $3.00 dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.69%. Lockheed Martin’s dividend payout ratio is presently 43.88%.

    Insider Activity

    In other news, Director John Donovan bought 548 shares of the stock in a transaction dated Wednesday, July 19th. The stock was bought at an average price of $457.07 per share, for a total transaction of $250,474.36. Following the completion of the acquisition, the director now directly owns 3,378 shares in the company, valued at approximately $1,543,982.46. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

    Institutional Inflows and Outflows

    A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LMT. Grey Fox Wealth Advisors LLC purchased a new stake in Lockheed Martin during the fourth quarter valued at about $27,000. Okabena Investment Services Inc. purchased a new stake in shares of Lockheed Martin during the 4th quarter valued at approximately $28,000. Edmond DE Rothschild Holding S.A. boosted its holdings in Lockheed Martin by 100.0% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 60 shares of the aerospace company’s stock worth $28,000 after buying an additional 30 shares during the period. Mendota Financial Group LLC purchased a new position in Lockheed Martin in the 4th quarter valued at approximately $29,000. Finally, Coppell Advisory Solutions Corp. purchased a new position in Lockheed Martin in the 4th quarter valued at approximately $31,000. 75.28% of the stock is currently owned by hedge funds and other institutional investors.

    Lockheed Martin Company Profile

    (Get Free Report

    Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

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  • Brokerages Set Best Buy Co., Inc. (NYSE:BBY) Target Price at $78.44

    Brokerages Set Best Buy Co., Inc. (NYSE:BBY) Target Price at $78.44

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    Best Buy Co., Inc. (NYSE:BBY – Get Rating) has been assigned an average recommendation of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $78.44.

    Several equities analysts have recently commented on the stock. TheStreet downgraded shares of Best Buy from a “b-” rating to a “c” rating in a report on Thursday, May 25th. StockNews.com assumed coverage on shares of Best Buy in a research note on Thursday, May 18th. They set a “hold” rating on the stock. SpectralCast reaffirmed a “maintains” rating on shares of Best Buy in a research note on Friday, May 26th. Citigroup reduced their target price on shares of Best Buy from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, May 18th. Finally, Wells Fargo & Company reduced their target price on shares of Best Buy from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, May 26th.

    Best Buy Stock Performance

    Shares of NYSE BBY opened at $72.83 on Friday. The firm has a 50 day moving average of $73.29 and a 200 day moving average of $79.19. The company has a current ratio of 0.98, a quick ratio of 0.32 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $15.93 billion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 1.50 and a beta of 1.51. Best Buy has a 12-month low of $60.78 and a 12-month high of $93.32.

    Best Buy (NYSE:BBY – Get Rating) last posted its quarterly earnings results on Thursday, May 25th. The technology retailer reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.03. The business had revenue of $9.47 billion during the quarter, compared to analyst estimates of $9.53 billion. Best Buy had a net margin of 2.93% and a return on equity of 51.95%. The company’s revenue was down 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.57 earnings per share. On average, research analysts anticipate that Best Buy will post 6.02 earnings per share for the current year.

    Best Buy Announces Dividend

    The business also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Thursday, June 15th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Wednesday, June 14th. Best Buy’s payout ratio is presently 62.27%.

    Insider Buying and Selling

    In other news, CEO Corie S. Barry sold 25,511 shares of the company’s stock in a transaction on Tuesday, March 21st. The shares were sold at an average price of $77.95, for a total transaction of $1,988,582.45. Following the completion of the sale, the chief executive officer now owns 364,041 shares of the company’s stock, valued at $28,376,995.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Best Buy news, CAO Mathew Watson sold 578 shares of the company’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $71.82, for a total value of $41,511.96. Following the transaction, the chief accounting officer now owns 22,974 shares of the company’s stock, valued at $1,649,992.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Corie S. Barry sold 25,511 shares of the company’s stock in a transaction dated Tuesday, March 21st. The shares were sold at an average price of $77.95, for a total transaction of $1,988,582.45. Following the completion of the transaction, the chief executive officer now directly owns 364,041 shares in the company, valued at approximately $28,376,995.95. The disclosure for this sale can be found here. In the last quarter, insiders sold 81,617 shares of company stock valued at $6,189,818. 0.56% of the stock is owned by corporate insiders.

    Institutional Trading of Best Buy

    Several hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in shares of Best Buy during the fourth quarter worth approximately $26,000. Arlington Partners LLC purchased a new stake in shares of Best Buy during the first quarter worth approximately $28,000. Exos TFP Holdings LLC purchased a new position in Best Buy in the third quarter valued at approximately $29,000. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in Best Buy in the fourth quarter valued at approximately $30,000. Finally, Clear Street Markets LLC increased its stake in Best Buy by 90.6% in the first quarter. Clear Street Markets LLC now owns 385 shares of the technology retailer’s stock valued at $30,000 after purchasing an additional 183 shares during the last quarter. Institutional investors and hedge funds own 78.48% of the company’s stock.

    About Best Buy

    (Get Rating)

    Best Buy Co, Inc engages in the provision of consumer technology products and services. It operates through two business segments: Domestic and International. The Domestic segment includes operations in all states, districts, and territories of the U.S., operating under various brand names, including Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video, Napster, and Pacific Sales.

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  • Analysts Set Aurora Cannabis Inc. (NYSE:ACB) PT at $1.40

    Analysts Set Aurora Cannabis Inc. (NYSE:ACB) PT at $1.40

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    Shares of Aurora Cannabis Inc. (NYSE:ACB – Get Rating) have earned a consensus recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $1.40.

    ACB has been the topic of a number of research analyst reports. CIBC decreased their price objective on shares of Aurora Cannabis from C$2.25 to C$1.75 in a report on Monday, February 13th. Stifel Nicolaus dropped their target price on shares of Aurora Cannabis from C$1.75 to C$1.45 in a report on Friday, January 27th.

    Institutional Inflows and Outflows

    A number of institutional investors have recently made changes to their positions in ACB. Commonwealth Equity Services LLC boosted its position in Aurora Cannabis by 18.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 177,313 shares of the company’s stock worth $163,000 after acquiring an additional 28,074 shares during the last quarter. Swiss National Bank lifted its holdings in Aurora Cannabis by 6.5% during the 4th quarter. Swiss National Bank now owns 728,972 shares of the company’s stock valued at $673,000 after purchasing an additional 44,300 shares during the last quarter. K2 Principal Fund L.P. acquired a new stake in Aurora Cannabis during the 4th quarter valued at $506,000. TD Asset Management Inc lifted its holdings in shares of Aurora Cannabis by 34.6% during the fourth quarter. TD Asset Management Inc now owns 241,318 shares of the company’s stock worth $223,000 after buying an additional 62,036 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its position in shares of Aurora Cannabis by 66.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 125,003 shares of the company’s stock worth $115,000 after purchasing an additional 49,985 shares during the period. 13.97% of the stock is owned by institutional investors.

    Aurora Cannabis Stock Down 4.4 %

    ACB stock opened at $0.56 on Monday. The firm has a 50-day moving average of $0.67 and a two-hundred day moving average of $0.94. Aurora Cannabis has a 12 month low of $0.55 and a 12 month high of $3.15. The company has a current ratio of 4.08, a quick ratio of 3.16 and a debt-to-equity ratio of 0.33. The company has a market cap of $196.91 million, a price-to-earnings ratio of -0.09 and a beta of 2.57.

    Aurora Cannabis (NYSE:ACB – Get Rating) last issued its quarterly earnings results on Thursday, February 9th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.07). Aurora Cannabis had a negative net margin of 817.07% and a negative return on equity of 62.73%. The business had revenue of $50.95 million during the quarter, compared to analysts’ expectations of $42.60 million. As a group, analysts forecast that Aurora Cannabis will post -0.35 earnings per share for the current fiscal year.

    About Aurora Cannabis

    (Get Rating)

    Aurora Cannabis, Inc engages in the production, distribution, and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp related food products. The firm operates through the Canadian Cannabis and International Cannabis segments. Aurora Cannabis was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Edmonton, Canada.

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  • RBC Bearings Incorporated (NYSE:RBC) Given Consensus Recommendation of “Hold” by Brokerages

    RBC Bearings Incorporated (NYSE:RBC) Given Consensus Recommendation of “Hold” by Brokerages

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    RBC Bearings Incorporated (NYSE:RBC – Get Rating) has been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $245.00.

    A number of brokerages recently weighed in on RBC. Alembic Global Advisors lowered shares of RBC Bearings from an “overweight” rating to a “neutral” rating and set a $217.00 target price for the company. in a research note on Tuesday, December 20th. Morgan Stanley reduced their target price on shares of RBC Bearings from $293.00 to $283.00 and set an “overweight” rating for the company in a research note on Monday, December 12th. Truist Financial upped their target price on shares of RBC Bearings from $240.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 11th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $220.00 target price (down from $269.00) on shares of RBC Bearings in a research note on Tuesday, January 10th. Finally, Royal Bank of Canada lowered shares of RBC Bearings from an “overweight” rating to a “neutral” rating in a research note on Tuesday, December 20th.

    RBC Bearings Price Performance

    Shares of RBC stock opened at $232.00 on Friday. RBC Bearings has a 12-month low of $152.90 and a 12-month high of $264.94. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 74.36, a price-to-earnings-growth ratio of 6.01 and a beta of 1.42. The company has a quick ratio of 1.16, a current ratio of 2.98 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average of $223.44 and a 200-day moving average of $232.27.

    RBC Bearings (NYSE:RBC – Get Rating) last announced its quarterly earnings results on Thursday, November 10th. The industrial products company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.18. RBC Bearings had a net margin of 7.98% and a return on equity of 7.48%. The company had revenue of $369.17 million during the quarter, compared to analyst estimates of $361.32 million. On average, equities research analysts forecast that RBC Bearings will post 6.82 earnings per share for the current year.

    Insider Transactions at RBC Bearings

    In other news, CEO Michael J. Hartnett sold 1,500 shares of the stock in a transaction dated Monday, November 28th. The shares were sold at an average price of $241.67, for a total transaction of $362,505.00. Following the completion of the transaction, the chief executive officer now directly owns 275,339 shares in the company, valued at approximately $66,541,176.13. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.71% of the company’s stock.

    Institutional Investors Weigh In On RBC Bearings

    A number of institutional investors and hedge funds have recently modified their holdings of RBC. American Century Companies Inc. raised its holdings in shares of RBC Bearings by 16.1% in the 1st quarter. American Century Companies Inc. now owns 2,786 shares of the industrial products company’s stock valued at $540,000 after purchasing an additional 387 shares during the period. HighTower Advisors LLC raised its holdings in shares of RBC Bearings by 6.8% in the 1st quarter. HighTower Advisors LLC now owns 7,920 shares of the industrial products company’s stock valued at $1,545,000 after purchasing an additional 501 shares during the period. Private Advisor Group LLC raised its holdings in shares of RBC Bearings by 12.8% in the 1st quarter. Private Advisor Group LLC now owns 3,303 shares of the industrial products company’s stock valued at $641,000 after purchasing an additional 375 shares during the period. MetLife Investment Management LLC raised its holdings in RBC Bearings by 53.4% in the 1st quarter. MetLife Investment Management LLC now owns 14,826 shares of the industrial products company’s stock valued at $2,874,000 after acquiring an additional 5,159 shares during the period. Finally, BlackRock Inc. raised its holdings in RBC Bearings by 1.6% in the 1st quarter. BlackRock Inc. now owns 2,145,334 shares of the industrial products company’s stock valued at $415,937,000 after acquiring an additional 33,956 shares during the period.

    About RBC Bearings

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    RBC Bearings, Inc engages in the design, manufacture, and marketing of engineered precision bearings and products. It operates through the Aerospace and Defense, and Industrial segments. The Aerospace and Defense segment represents the end markets for the company’s highly engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications.

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  • Dell Technologies Inc. (NYSE:DELL) Receives Average Recommendation of “Moderate Buy” from Brokerages

    Dell Technologies Inc. (NYSE:DELL) Receives Average Recommendation of “Moderate Buy” from Brokerages

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    Dell Technologies Inc. (NYSE:DELL – Get Rating) has been assigned an average rating of “Hold” from the eighteen brokerages that are covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $49.63.

    A number of brokerages recently issued reports on DELL. UBS Group reduced their price target on Dell Technologies from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, November 22nd. Jefferies Financial Group began coverage on Dell Technologies in a research report on Monday, October 31st. They set a “hold” rating and a $39.00 price target on the stock. Bank of America reduced their price target on Dell Technologies from $60.00 to $55.00 in a research report on Tuesday, November 22nd. Morgan Stanley reduced their price target on Dell Technologies from $54.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Monday, October 17th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Dell Technologies from $55.00 to $48.00 in a report on Tuesday, November 22nd.

    Insider Buying and Selling

    In related news, insider William F. Scannell sold 91,938 shares of the firm’s stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $42.62, for a total transaction of $3,918,397.56. Following the completion of the transaction, the insider now directly owns 178,627 shares of the company’s stock, valued at approximately $7,613,082.74. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 47.30% of the stock is owned by corporate insiders.

    Institutional Inflows and Outflows

    Several large investors have recently bought and sold shares of DELL. Cambridge Investment Research Advisors Inc. raised its position in Dell Technologies by 17.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,076 shares of the technology company’s stock worth $706,000 after purchasing an additional 2,117 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of Dell Technologies in the 1st quarter worth about $304,000. MetLife Investment Management LLC bought a new position in shares of Dell Technologies in the 1st quarter worth about $568,000. Rhumbline Advisers raised its position in shares of Dell Technologies by 2.0% in the 1st quarter. Rhumbline Advisers now owns 254,266 shares of the technology company’s stock worth $12,762,000 after acquiring an additional 4,949 shares in the last quarter. Finally, Yousif Capital Management LLC raised its position in shares of Dell Technologies by 5.2% in the 1st quarter. Yousif Capital Management LLC now owns 6,090 shares of the technology company’s stock worth $306,000 after acquiring an additional 302 shares in the last quarter. 26.42% of the stock is owned by institutional investors.

    Dell Technologies Trading Down 1.7 %

    Shares of NYSE DELL opened at $40.31 on Tuesday. The firm has a market cap of $28.87 billion, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 0.53 and a beta of 0.98. Dell Technologies has a 1-year low of $32.90 and a 1-year high of $61.54. The business’s 50 day moving average is $41.29 and its 200-day moving average is $40.73.

    Dell Technologies (NYSE:DELL – Get Rating) last announced its earnings results on Monday, November 21st. The technology company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.69. The company had revenue of $24.72 million for the quarter, compared to analyst estimates of $24.61 billion. Dell Technologies had a negative return on equity of 208.47% and a net margin of 1.74%. The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.37 earnings per share. Analysts forecast that Dell Technologies will post 6.43 EPS for the current year.

    Dell Technologies Dividend Announcement

    The business also recently announced a quarterly dividend, which will be paid on Friday, February 3rd. Investors of record on Wednesday, January 25th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.27%. The ex-dividend date is Tuesday, January 24th. Dell Technologies’s dividend payout ratio is currently 55.46%.

    Dell Technologies Company Profile

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    Dell Technologies, Inc is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware.

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  • Proof-Of-Work Is The Only Viable Form Of Consensus

    Proof-Of-Work Is The Only Viable Form Of Consensus

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    This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong-based social environment tech startup.

    Proof-of-work is the consensus mechanism that the Bitcoin protocol uses. On a fundamental level, this means that work has to be done to prove the transactions that have transpired on the network are valid.

    Proof-of-work functions with specialized “computers” known as application-specific integrated circuits (ASICs), which input transaction data, information from the previous block hearer and a nonce (random number) to guess the result of hash functions. Hash functions are one-directional mathematical equations, so it is impossible to figure out a resulting output from a publicly visible input other than through rapid guessing as these ASICs do. “Miners” are the people who operate these machines, and they want to increase the number of hashes (or guesses) per second that their devices can produce, and they want to find the cheapest and most reliable source of energy so that this mining becomes profitable for them to pay off the cost of their machines and to make an income to cover their other expenses. Despite this, it is an incredibly competitive industry as a result of Bitcoin’s difficulty adjustment: depending on how many hashes per second are mining on the network, the complexity and difficulty of the hash function will increase or decrease accordingly so that it takes an average of 10 minutes for each new block to be found across the global network.

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