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  • Ameritas Investment Partners Inc. Sells 7,226 Shares of The Walt Disney Company (NYSE:DIS)

    Ameritas Investment Partners Inc. Sells 7,226 Shares of The Walt Disney Company (NYSE:DIS)

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    Ameritas Investment Partners Inc. decreased its holdings in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 23.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,160 shares of the entertainment giant’s stock after selling 7,226 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Walt Disney were worth $2,419,000 at the end of the most recent quarter.

    A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Morgan Stanley raised its stake in shares of Walt Disney by 13.5% in the 4th quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock valued at $4,011,473,000 after buying an additional 5,499,014 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Walt Disney by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 31,823,656 shares of the entertainment giant’s stock valued at $2,758,969,000 after buying an additional 654,802 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Walt Disney by 12.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,147,543 shares of the entertainment giant’s stock worth $2,358,578,000 after buying an additional 3,023,997 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Walt Disney by 109,924.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock valued at $2,056,126,000 after acquiring an additional 23,644,765 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Walt Disney during the 4th quarter worth about $1,433,075,000. Institutional investors and hedge funds own 63.67% of the company’s stock.

    Analyst Upgrades and Downgrades

    A number of research firms have issued reports on DIS. Citigroup cut their price objective on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, August 16th. Barclays dropped their price objective on Walt Disney from $107.00 to $88.00 in a research note on Wednesday, June 21st. Rosenblatt Securities reduced their price target on shares of Walt Disney from $111.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, August 10th. Morgan Stanley reduced their target price on shares of Walt Disney from $110.00 to $105.00 and set an “overweight” rating for the company in a research note on Wednesday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Walt Disney from $131.00 to $120.00 in a research report on Tuesday, August 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seventeen have assigned a buy rating to the stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $116.83.

    Read Our Latest Report on DIS

    Walt Disney Stock Performance

    Shares of DIS opened at $85.96 on Monday. The Walt Disney Company has a 12-month low of $84.07 and a 12-month high of $121.39. The company has a current ratio of 1.07, a quick ratio of 1.00 and a debt-to-equity ratio of 0.44. The company has a market cap of $157.29 billion, a PE ratio of 69.89, a price-to-earnings-growth ratio of 1.74 and a beta of 1.27. The stock has a 50-day moving average price of $88.49 and a 200-day moving average price of $94.79.

    Walt Disney (NYSE:DIS – Get Free Report) last announced its earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The business had revenue of $22.33 billion for the quarter, compared to the consensus estimate of $22.50 billion. During the same period last year, the firm posted $1.09 earnings per share. Walt Disney’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, equities analysts forecast that The Walt Disney Company will post 3.66 earnings per share for the current fiscal year.

    Insider Activity

    In related news, EVP Sonia L. Coleman sold 959 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $89.05, for a total value of $85,398.95. Following the completion of the transaction, the executive vice president now directly owns 961 shares in the company, valued at $85,577.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

    About Walt Disney

    (Free Report)

    The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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    Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS – Free Report).

    Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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

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  • Nintendo (OTCMKTS:NTDOY) Raised to “Buy” at Citigroup

    Nintendo (OTCMKTS:NTDOY) Raised to “Buy” at Citigroup

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    Citigroup upgraded shares of Nintendo (OTCMKTS:NTDOY – Free Report) from a neutral rating to a buy rating in a report published on Thursday, MarketBeat reports.

    Nintendo Price Performance

    Shares of OTCMKTS NTDOY opened at $11.13 on Thursday. The stock has a market capitalization of $57.82 billion, a PE ratio of 12.05 and a beta of 0.48. The business has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $10.37. Nintendo has a fifty-two week low of $9.26 and a fifty-two week high of $11.99.

    Nintendo (OTCMKTS:NTDOY – Free Report) last issued its earnings results on Tuesday, May 9th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.08. The firm had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.40 billion. On average, equities analysts expect that Nintendo will post 0.59 EPS for the current year.

    Institutional Trading of Nintendo

    Institutional investors and hedge funds have recently modified their holdings of the business. 3Chopt Investment Partners LLC bought a new stake in Nintendo during the first quarter valued at $424,000. Pacer Advisors Inc. increased its holdings in shares of Nintendo by 42.2% in the first quarter. Pacer Advisors Inc. now owns 1,272,321 shares of the company’s stock worth $12,329,000 after buying an additional 377,365 shares during the period. Ativo Capital Management LLC increased its holdings in shares of Nintendo by 372.1% in the fourth quarter. Ativo Capital Management LLC now owns 99,698 shares of the company’s stock worth $1,039,000 after buying an additional 78,580 shares during the period. Alan B. Lancz & Associates Inc. bought a new stake in shares of Nintendo in the fourth quarter worth about $146,000. Finally, SYSTM Wealth Solutions LLC bought a new stake in shares of Nintendo in the fourth quarter worth about $524,000. 0.03% of the stock is owned by hedge funds and other institutional investors.

    Nintendo Company Profile

    (Free Report)

    Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.

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  • Roku, Inc. (NASDAQ:ROKU) Shares Sold by SVB Wealth LLC

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

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

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

    Roku Stock Performance

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

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

    Analysts Set New Price Targets

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

    Insiders Place Their Bets

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

    Roku Profile

    (Get Rating)

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

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    Institutional Ownership by Quarter for Roku (NASDAQ:ROKU)

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

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

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

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

    Take-Two Interactive Software Stock Performance

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

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

    Analyst Ratings Changes

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

    Insiders Place Their Bets

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

    Take-Two Interactive Software Profile

    (Get Rating)

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

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    Institutional Ownership by Quarter for Take-Two Interactive Software (NASDAQ:TTWO)

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  • Diversified Portfolios Inc. Lowers Stake in Comcast Co. (NASDAQ:CMCSA)

    Diversified Portfolios Inc. Lowers Stake in Comcast Co. (NASDAQ:CMCSA)

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    Diversified Portfolios Inc. trimmed its holdings in shares of Comcast Co. (NASDAQ:CMCSA – Get Rating) by 37.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,017 shares of the cable giant’s stock after selling 2,963 shares during the period. Diversified Portfolios Inc.’s holdings in Comcast were worth $175,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors have also recently bought and sold shares of CMCSA. Kolinsky Wealth Management LLC grew its position in Comcast by 2.2% during the 2nd quarter. Kolinsky Wealth Management LLC now owns 13,749 shares of the cable giant’s stock worth $540,000 after purchasing an additional 291 shares during the period. McLean Asset Management Corp grew its position in shares of Comcast by 2.6% during the 4th quarter. McLean Asset Management Corp now owns 11,389 shares of the cable giant’s stock valued at $398,000 after acquiring an additional 293 shares during the period. Kovack Advisors Inc. grew its position in shares of Comcast by 1.2% during the 3rd quarter. Kovack Advisors Inc. now owns 25,912 shares of the cable giant’s stock valued at $760,000 after acquiring an additional 308 shares during the period. Signet Investment Advisory Group Inc. grew its position in shares of Comcast by 1.2% during the 4th quarter. Signet Investment Advisory Group Inc. now owns 26,331 shares of the cable giant’s stock valued at $921,000 after acquiring an additional 316 shares during the period. Finally, Beach Investment Counsel Inc. PA grew its position in shares of Comcast by 2.5% during the 3rd quarter. Beach Investment Counsel Inc. PA now owns 13,036 shares of the cable giant’s stock valued at $382,000 after acquiring an additional 319 shares during the period. 82.23% of the stock is owned by institutional investors and hedge funds.

    Comcast Stock Performance

    Shares of CMCSA opened at $37.91 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $159.83 billion, a price-to-earnings ratio of 31.86, a PEG ratio of 0.81 and a beta of 1.00. The company’s 50 day simple moving average is $37.81 and its 200 day simple moving average is $35.19. Comcast Co. has a 1 year low of $28.39 and a 1 year high of $48.42.

    Comcast (NASDAQ:CMCSA – Get Rating) last posted its quarterly earnings results on Thursday, January 26th. The cable giant reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The company had revenue of $30.55 billion for the quarter, compared to the consensus estimate of $30.36 billion. Comcast had a net margin of 4.42% and a return on equity of 18.40%. Comcast’s revenue was up .7% on a year-over-year basis. During the same quarter last year, the firm posted $0.77 earnings per share. On average, sell-side analysts predict that Comcast Co. will post 3.64 EPS for the current year.

    Comcast Increases Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 26th. Stockholders of record on Wednesday, April 5th will be given a $0.29 dividend. The ex-dividend date of this dividend is Tuesday, April 4th. This represents a $1.16 annualized dividend and a dividend yield of 3.06%. This is a positive change from Comcast’s previous quarterly dividend of $0.27. Comcast’s dividend payout ratio is presently 90.76%.

    Insider Activity at Comcast

    In related news, major shareholder Corp Comcast sold 1,610,496 shares of the firm’s stock in a transaction on Wednesday, February 1st. The shares were sold at an average price of $2.38, for a total transaction of $3,832,980.48. Following the completion of the sale, the insider now directly owns 25,153,615 shares of the company’s stock, valued at approximately $59,865,603.70. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last three months, insiders sold 7,527,791 shares of company stock valued at $19,025,007. Corporate insiders own 1.11% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of research firms have recently commented on CMCSA. Barclays raised their target price on Comcast from $34.00 to $36.00 and gave the company an “equal weight” rating in a research report on Thursday, February 2nd. JPMorgan Chase & Co. raised their price target on shares of Comcast from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, January 27th. Rosenblatt Securities raised their price target on shares of Comcast from $32.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday, January 27th. Pivotal Research raised their target price on shares of Comcast from $42.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, January 27th. Finally, Cowen decreased their target price on shares of Comcast from $49.00 to $46.00 and set an “outperform” rating on the stock in a research note on Friday, January 27th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $44.29.

    Comcast Profile

    (Get Rating)

    Comcast Corp. engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Media, Studios, Theme Parks, and Sky. The Cable Communications segment consists of Comcast Cable, which is a provider of broadband, video, voice, wireless, and other services to residential customers in the United States under the Xfinity brand.

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    Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)

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  • Pearson (NYSE:PSO) Upgraded at StockNews.com

    Pearson (NYSE:PSO) Upgraded at StockNews.com

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    StockNews.com upgraded shares of Pearson (NYSE:PSO – Get Rating) from a hold rating to a buy rating in a research note released on Friday morning.

    Other analysts also recently issued research reports about the stock. Exane BNP Paribas downgraded shares of Pearson from an outperform rating to a neutral rating in a report on Thursday, December 1st. JPMorgan Chase & Co. increased their price objective on shares of Pearson from GBX 1,200 ($14.43) to GBX 1,230 ($14.79) in a report on Thursday. BNP Paribas downgraded shares of Pearson from an outperform rating to a neutral rating in a report on Thursday, December 1st. Barclays cut their price objective on shares of Pearson from GBX 945 ($11.36) to GBX 915 ($11.00) in a report on Monday, March 6th. Finally, Morgan Stanley increased their price target on shares of Pearson from GBX 900 ($10.82) to GBX 940 ($11.30) in a research note on Friday, December 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Hold and an average target price of $1,020.43.

    Pearson Stock Performance

    PSO opened at $10.17 on Friday. Pearson has a twelve month low of $8.84 and a twelve month high of $12.03. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.84 and a current ratio of 1.91. The company has a 50-day moving average price of $11.04 and a 200 day moving average price of $10.83.

    Hedge Funds Weigh In On Pearson

    A number of hedge funds have recently made changes to their positions in PSO. Signaturefd LLC raised its holdings in shares of Pearson by 10.0% in the 3rd quarter. Signaturefd LLC now owns 10,518 shares of the company’s stock valued at $100,000 after purchasing an additional 953 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in shares of Pearson by 8.3% in the 3rd quarter. Evergreen Capital Management LLC now owns 14,693 shares of the company’s stock valued at $140,000 after purchasing an additional 1,132 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Pearson by 11.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,590 shares of the company’s stock worth $116,000 after acquiring an additional 1,153 shares in the last quarter. Captrust Financial Advisors raised its stake in Pearson by 88.3% during the 2nd quarter. Captrust Financial Advisors now owns 3,064 shares of the company’s stock worth $28,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Schechter Investment Advisors LLC raised its stake in Pearson by 4.9% during the 3rd quarter. Schechter Investment Advisors LLC now owns 31,103 shares of the company’s stock worth $297,000 after acquiring an additional 1,451 shares in the last quarter. Hedge funds and other institutional investors own 2.83% of the company’s stock.

    About Pearson

    (Get Rating)

    Pearson Plc engages in the business of education, business information, and consumer publishing markets. It operates through the following segments: Global Online Learning, Global Assessment, North American Courseware, and International. The Global Online Learning segment offers virtual schools and online program management.

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    Analyst Recommendations for Pearson (NYSE:PSO)

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  • Zions Bancorporation N.A. Takes $105,000 Position in Warner Bros. Discovery, Inc. (NASDAQ:WBD)

    Zions Bancorporation N.A. Takes $105,000 Position in Warner Bros. Discovery, Inc. (NASDAQ:WBD)

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    Zions Bancorporation N.A. bought a new position in shares of Warner Bros. Discovery, Inc. (NASDAQ:WBD – Get Rating) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,078 shares of the company’s stock, valued at approximately $105,000.

    Other hedge funds have also recently added to or reduced their stakes in the company. Country Trust Bank purchased a new stake in Warner Bros. Discovery during the 3rd quarter worth about $25,000. Financial Management Professionals Inc. acquired a new stake in shares of Warner Bros. Discovery during the 3rd quarter worth about $26,000. Lee Financial Co purchased a new stake in Warner Bros. Discovery during the third quarter worth approximately $27,000. Tsfg LLC purchased a new position in Warner Bros. Discovery in the third quarter valued at approximately $29,000. Finally, Sargent Bickham Lagudis LLC acquired a new stake in Warner Bros. Discovery during the third quarter worth approximately $30,000. Institutional investors and hedge funds own 55.18% of the company’s stock.

    Warner Bros. Discovery Trading Down 3.1 %

    Shares of NASDAQ:WBD opened at $15.42 on Monday. Warner Bros. Discovery, Inc. has a fifty-two week low of $8.82 and a fifty-two week high of $27.50. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.98. The firm’s 50-day simple moving average is $11.65 and its 200-day simple moving average is $12.38.

    Warner Bros. Discovery (NASDAQ:WBD – Get Rating) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15. Warner Bros. Discovery had a negative net margin of 20.13% and a positive return on equity of 2.18%. The firm had revenue of $9.82 billion during the quarter, compared to the consensus estimate of $10.51 billion. As a group, equities analysts predict that Warner Bros. Discovery, Inc. will post 0.64 EPS for the current year.

    Wall Street Analysts Forecast Growth

    Several research analysts have recently issued reports on the stock. Credit Suisse Group lowered their target price on shares of Warner Bros. Discovery from $39.00 to $36.00 and set an “outperform” rating for the company in a report on Thursday, October 13th. Barclays dropped their price objective on Warner Bros. Discovery from $17.00 to $15.00 in a report on Tuesday, October 11th. Guggenheim raised Warner Bros. Discovery from a “neutral” rating to a “buy” rating and set a $16.50 target price for the company in a report on Wednesday, January 11th. Macquarie raised their price target on Warner Bros. Discovery from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 31st. Finally, Cowen reduced their price objective on Warner Bros. Discovery to $17.00 in a research note on Tuesday, November 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $22.53.

    Warner Bros. Discovery Profile

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    Warner Bros. Discovery, Inc operates as a media and entertainment company. It creates and distributes a portfolio of content and brands across television, film, and streaming. Its brands and products include Discovery Channel, discovery+, CNN, CNN+, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, Investigation Discovery, TLC, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros.

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    Institutional Ownership by Quarter for Warner Bros. Discovery (NASDAQ:WBD)

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  • Wealthsource Partners LLC Reduces Stock Holdings in Fox Co. (NASDAQ:FOXA)

    Wealthsource Partners LLC Reduces Stock Holdings in Fox Co. (NASDAQ:FOXA)

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    Wealthsource Partners LLC lowered its position in Fox Co. (NASDAQ:FOXA – Get Rating) by 13.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,846 shares of the company’s stock after selling 2,567 shares during the quarter. Wealthsource Partners LLC’s holdings in FOX were worth $542,000 at the end of the most recent quarter.

    A number of other hedge funds have also made changes to their positions in the company. Verdence Capital Advisors LLC purchased a new stake in FOX during the 1st quarter worth about $208,000. Walker Asset Management LLC purchased a new stake in FOX during the 2nd quarter worth about $227,000. Teacher Retirement System of Texas increased its position in FOX by 16.9% during the 1st quarter. Teacher Retirement System of Texas now owns 495,131 shares of the company’s stock worth $19,533,000 after purchasing an additional 71,614 shares in the last quarter. CENTRAL TRUST Co increased its position in FOX by 4.0% during the 1st quarter. CENTRAL TRUST Co now owns 7,674 shares of the company’s stock worth $303,000 after purchasing an additional 294 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its position in FOX by 12.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 236,647 shares of the company’s stock worth $7,611,000 after purchasing an additional 26,983 shares in the last quarter. Hedge funds and other institutional investors own 56.49% of the company’s stock.

    Analysts Set New Price Targets

    A number of analysts have issued reports on the company. Credit Suisse Group decreased their price target on FOX from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 2nd. Loop Capital lowered FOX from a “buy” rating to a “hold” rating and decreased their price target for the stock from $50.00 to $34.00 in a research note on Monday, October 17th. UBS Group decreased their price target on FOX to $46.00 in a research note on Tuesday, July 26th. Royal Bank of Canada decreased their price target on FOX from $46.00 to $38.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 2nd. Finally, The Goldman Sachs Group decreased their price target on FOX from $32.00 to $30.00 and set a “sell” rating on the stock in a research note on Tuesday, July 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $38.50.

    FOX Stock Performance

    FOX stock opened at $30.93 on Friday. The stock’s 50 day moving average price is $30.87 and its 200 day moving average price is $32.86. The firm has a market capitalization of $16.79 billion, a PE ratio of 15.47, a price-to-earnings-growth ratio of 0.69 and a beta of 0.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 3.16 and a current ratio of 3.60. Fox Co. has a one year low of $28.01 and a one year high of $44.95.

    FOX Profile

    (Get Rating)

    Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional and virtual multi-channel video programming distributors (MVPDs) and other digital platforms, primarily in the U.S.

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    Institutional Ownership by Quarter for FOX (NASDAQ:FOXA)

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