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Tag: Institutional Investor Holdings

  • American International Group Inc. Decreases Position in Tyler Technologies, Inc. (NYSE:TYL)

    American International Group Inc. Decreases Position in Tyler Technologies, Inc. (NYSE:TYL)

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    American International Group Inc. lowered its stake in shares of Tyler Technologies, Inc. (NYSE:TYLFree Report) by 1.2% during the first quarter, Holdings Channel reports. The fund owned 12,720 shares of the technology company’s stock after selling 155 shares during the period. American International Group Inc.’s holdings in Tyler Technologies were worth $5,406,000 as of its most recent SEC filing.

    A number of other hedge funds and other institutional investors have also recently bought and sold shares of TYL. Bessemer Group Inc. boosted its stake in shares of Tyler Technologies by 39.4% in the 1st quarter. Bessemer Group Inc. now owns 6,840 shares of the technology company’s stock valued at $2,906,000 after buying an additional 1,935 shares during the period. UniSuper Management Pty Ltd lifted its stake in Tyler Technologies by 47.1% in the first quarter. UniSuper Management Pty Ltd now owns 7,596 shares of the technology company’s stock worth $3,228,000 after acquiring an additional 2,431 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in Tyler Technologies by 143.8% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,794 shares of the technology company’s stock worth $762,000 after acquiring an additional 1,058 shares in the last quarter. Davis R M Inc. increased its position in shares of Tyler Technologies by 85.8% in the 1st quarter. Davis R M Inc. now owns 2,165 shares of the technology company’s stock valued at $920,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of Tyler Technologies by 153.6% during the first quarter. Covestor Ltd now owns 71 shares of the technology company’s stock worth $30,000 after purchasing an additional 43 shares in the last quarter. 93.30% of the stock is currently owned by hedge funds and other institutional investors.

    Tyler Technologies Price Performance

    Shares of NYSE TYL opened at $590.65 on Friday. The stock has a fifty day moving average price of $499.37 and a 200 day moving average price of $456.77. Tyler Technologies, Inc. has a 1-year low of $361.16 and a 1-year high of $593.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 0.94. The company has a market cap of $25.08 billion, a PE ratio of 133.63, a P/E/G ratio of 5.30 and a beta of 0.76.

    Tyler Technologies (NYSE:TYLGet Free Report) last issued its earnings results on Wednesday, July 24th. The technology company reported $2.40 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.06. The business had revenue of $540.98 million for the quarter, compared to the consensus estimate of $541.01 million. Tyler Technologies had a net margin of 10.24% and a return on equity of 9.66%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.53 earnings per share. Sell-side analysts forecast that Tyler Technologies, Inc. will post 7.1 EPS for the current year.

    Analysts Set New Price Targets

    A number of brokerages have issued reports on TYL. JMP Securities lifted their price target on Tyler Technologies from $490.00 to $580.00 and gave the stock a “market outperform” rating in a report on Monday, July 22nd. Oppenheimer increased their price target on shares of Tyler Technologies from $550.00 to $625.00 and gave the company an “outperform” rating in a research note on Friday. Robert W. Baird upped their target price on shares of Tyler Technologies from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Needham & Company LLC reissued a “buy” rating and issued a $600.00 price target on shares of Tyler Technologies in a research report on Thursday. Finally, Truist Financial reaffirmed a “buy” rating and set a $600.00 price objective (up previously from $560.00) on shares of Tyler Technologies in a report on Friday. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $582.31.

    View Our Latest Stock Analysis on TYL

    Insider Transactions at Tyler Technologies

    In related news, Director Brenda A. Cline sold 5,000 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $458.83, for a total transaction of $2,294,150.00. Following the transaction, the director now owns 1,358 shares of the company’s stock, valued at $623,091.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Brenda A. Cline sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $458.83, for a total transaction of $2,294,150.00. Following the sale, the director now owns 1,358 shares of the company’s stock, valued at approximately $623,091.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John S. Marr, Jr. sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $483.21, for a total value of $2,899,260.00. Following the completion of the transaction, the insider now directly owns 6,983 shares of the company’s stock, valued at $3,374,255.43. The disclosure for this sale can be found here. In the last three months, insiders sold 26,241 shares of company stock valued at $12,495,890. Corporate insiders own 2.20% of the company’s stock.

    Tyler Technologies Profile

    (Free Report)

    Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.

    See Also

    Want to see what other hedge funds are holding TYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyler Technologies, Inc. (NYSE:TYLFree Report).

    Institutional Ownership by Quarter for Tyler Technologies (NYSE:TYL)

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

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  • Vanguard Group Inc. Boosts Stake in Commerce Bancshares, Inc. (NASDAQ:CBSH)

    Vanguard Group Inc. Boosts Stake in Commerce Bancshares, Inc. (NASDAQ:CBSH)

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    Vanguard Group Inc. raised its position in Commerce Bancshares, Inc. (NASDAQ:CBSHFree Report) by 2.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,631,645 shares of the financial services provider’s stock after buying an additional 259,127 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Commerce Bancshares worth $672,004,000 at the end of the most recent quarter.

    Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clarity Asset Management Inc. purchased a new position in Commerce Bancshares in the 4th quarter valued at about $43,000. Allspring Global Investments Holdings LLC boosted its position in Commerce Bancshares by 93.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,670 shares of the financial services provider’s stock valued at $89,000 after buying an additional 805 shares during the last quarter. Signaturefd LLC boosted its position in Commerce Bancshares by 14.4% in the 4th quarter. Signaturefd LLC now owns 1,694 shares of the financial services provider’s stock valued at $90,000 after buying an additional 213 shares during the last quarter. Manchester Capital Management LLC lifted its position in shares of Commerce Bancshares by 157.4% during the first quarter. Manchester Capital Management LLC now owns 1,835 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 1,122 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of Commerce Bancshares by 11.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,604 shares of the financial services provider’s stock worth $139,000 after purchasing an additional 264 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

    Insider Buying and Selling at Commerce Bancshares

    In other Commerce Bancshares news, SVP David L. Roller sold 861 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The shares were sold at an average price of $64.30, for a total value of $55,362.30. Following the sale, the senior vice president now owns 30,949 shares in the company, valued at $1,990,020.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Commerce Bancshares news, SVP David L. Roller sold 861 shares of the firm’s stock in a transaction that occurred on Tuesday, July 23rd. The shares were sold at an average price of $64.30, for a total value of $55,362.30. Following the sale, the senior vice president now owns 30,949 shares in the company, valued at $1,990,020.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John W. Kemper sold 26,581 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $56.77, for a total transaction of $1,509,003.37. Following the completion of the sale, the chief executive officer now owns 198,387 shares in the company, valued at approximately $11,262,429.99. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,068 shares of company stock worth $2,813,757. 3.20% of the stock is owned by company insiders.

    Commerce Bancshares Stock Up 0.9 %

    Shares of NASDAQ CBSH opened at $64.24 on Friday. The firm’s 50-day moving average price is $56.37 and its two-hundred day moving average price is $54.20. Commerce Bancshares, Inc. has a 52-week low of $40.91 and a 52-week high of $65.38. The stock has a market capitalization of $8.32 billion, a P/E ratio of 17.92 and a beta of 0.76.

    Commerce Bancshares (NASDAQ:CBSHGet Free Report) last issued its earnings results on Thursday, July 18th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.17. Commerce Bancshares had a net margin of 23.62% and a return on equity of 16.50%. The firm had revenue of $414.90 million for the quarter, compared to analysts’ expectations of $406.88 million. During the same quarter last year, the company posted $0.97 earnings per share. Commerce Bancshares’s revenue was up 4.5% on a year-over-year basis. As a group, equities research analysts expect that Commerce Bancshares, Inc. will post 3.77 earnings per share for the current year.

    Analyst Upgrades and Downgrades

    CBSH has been the topic of several research analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Commerce Bancshares from $58.00 to $60.00 and gave the stock a “market perform” rating in a research report on Friday, May 10th. StockNews.com raised shares of Commerce Bancshares from a “sell” rating to a “hold” rating in a research report on Wednesday, April 17th. Wells Fargo & Company increased their price target on shares of Commerce Bancshares from $52.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Monday. Piper Sandler increased their price target on shares of Commerce Bancshares from $53.00 to $54.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 17th. Finally, Raymond James raised shares of Commerce Bancshares from a “market perform” rating to an “outperform” rating and set a $61.00 price target on the stock in a research report on Wednesday, April 17th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $58.86.

    Check Out Our Latest Analysis on Commerce Bancshares

    Commerce Bancshares Profile

    (Free Report)

    Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.

    Further Reading

    Want to see what other hedge funds are holding CBSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commerce Bancshares, Inc. (NASDAQ:CBSHFree Report).

    Institutional Ownership by Quarter for Commerce Bancshares (NASDAQ:CBSH)

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

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  • Osaic Holdings Inc. Sells 41,272 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

    Osaic Holdings Inc. Sells 41,272 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)

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    Osaic Holdings Inc. lessened its holdings in Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report) by 46.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,066 shares of the technology company’s stock after selling 41,272 shares during the quarter. Osaic Holdings Inc.’s holdings in Check Point Software Technologies were worth $7,719,000 at the end of the most recent reporting period.

    Several other hedge funds also recently modified their holdings of CHKP. Concord Wealth Partners bought a new stake in shares of Check Point Software Technologies during the 1st quarter valued at $31,000. Richardson Financial Services Inc. acquired a new position in Check Point Software Technologies during the fourth quarter valued at approximately $33,000. Y.D. More Investments Ltd raised its holdings in Check Point Software Technologies by 37.0% in the fourth quarter. Y.D. More Investments Ltd now owns 500 shares of the technology company’s stock worth $76,000 after purchasing an additional 135 shares during the period. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Check Point Software Technologies during the fourth quarter worth $92,000. Finally, Alaska Permanent Fund Corp acquired a new position in shares of Check Point Software Technologies in the 1st quarter valued at $117,000. Institutional investors own 87.62% of the company’s stock.

    Wall Street Analysts Forecast Growth

    A number of research firms have issued reports on CHKP. Needham & Company LLC reissued a “hold” rating on shares of Check Point Software Technologies in a research note on Friday, April 26th. Wedbush reissued an “outperform” rating and set a $185.00 target price on shares of Check Point Software Technologies in a research note on Friday, April 26th. KeyCorp raised shares of Check Point Software Technologies to a “hold” rating in a research note on Tuesday, May 14th. Barclays increased their price objective on shares of Check Point Software Technologies from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Friday, April 26th. Finally, Stifel Nicolaus cut their price objective on shares of Check Point Software Technologies from $170.00 to $165.00 and set a “hold” rating on the stock in a research report on Friday, April 26th. Thirteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $169.18.

    View Our Latest Stock Analysis on Check Point Software Technologies

    Check Point Software Technologies Stock Performance

    Shares of NASDAQ:CHKP opened at $180.07 on Thursday. Check Point Software Technologies Ltd. has a 52-week low of $125.68 and a 52-week high of $184.58. The company has a market capitalization of $20.33 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 2.68 and a beta of 0.62. The company has a 50-day simple moving average of $160.63 and a 200 day simple moving average of $159.86.

    Check Point Software Technologies (NASDAQ:CHKPGet Free Report) last issued its earnings results on Wednesday, July 24th. The technology company reported $2.17 EPS for the quarter, topping the consensus estimate of $2.16 by $0.01. Check Point Software Technologies had a return on equity of 31.42% and a net margin of 34.33%. The company had revenue of $627.40 million during the quarter, compared to the consensus estimate of $623.19 million. During the same period in the previous year, the company posted $1.74 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities analysts forecast that Check Point Software Technologies Ltd. will post 7.79 earnings per share for the current year.

    About Check Point Software Technologies

    (Free Report)

    Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.

    Read More

    Want to see what other hedge funds are holding CHKP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Check Point Software Technologies Ltd. (NASDAQ:CHKPFree Report).

    Institutional Ownership by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

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

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  • Clearwater Capital Advisors LLC Trims Stock Position in Alphabet Inc. (NASDAQ:GOOGL)

    Clearwater Capital Advisors LLC Trims Stock Position in Alphabet Inc. (NASDAQ:GOOGL)

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    Clearwater Capital Advisors LLC cut its stake in shares of Alphabet Inc. (NASDAQ:GOOGLFree Report) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,557 shares of the information services provider’s stock after selling 91 shares during the period. Clearwater Capital Advisors LLC’s holdings in Alphabet were worth $386,000 as of its most recent SEC filing.

    Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Joseph P. Lucia & Associates LLC grew its holdings in Alphabet by 1.0% during the 1st quarter. Joseph P. Lucia & Associates LLC now owns 6,624 shares of the information services provider’s stock valued at $1,000,000 after buying an additional 64 shares during the last quarter. M. Kraus & Co grew its holdings in Alphabet by 1.1% during the 1st quarter. M. Kraus & Co now owns 6,267 shares of the information services provider’s stock valued at $946,000 after buying an additional 66 shares during the last quarter. Wynn Capital LLC grew its holdings in Alphabet by 3.9% during the 1st quarter. Wynn Capital LLC now owns 1,767 shares of the information services provider’s stock valued at $267,000 after buying an additional 67 shares during the last quarter. Aire Advisors LLC grew its holdings in Alphabet by 0.6% during the 4th quarter. Aire Advisors LLC now owns 11,772 shares of the information services provider’s stock valued at $1,645,000 after buying an additional 68 shares during the last quarter. Finally, Henrickson Nauta Wealth Advisors Inc. lifted its stake in shares of Alphabet by 2.1% during the 1st quarter. Henrickson Nauta Wealth Advisors Inc. now owns 3,274 shares of the information services provider’s stock worth $511,000 after purchasing an additional 68 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.

    Alphabet Stock Up 0.1 %

    Shares of Alphabet stock opened at $181.79 on Wednesday. The firm has a market cap of $2.25 trillion, a P/E ratio of 27.88, a P/E/G ratio of 1.36 and a beta of 1.05. The business has a 50-day moving average price of $179.36 and a 200 day moving average price of $160.01. Alphabet Inc. has a fifty-two week low of $120.21 and a fifty-two week high of $191.75. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.05.

    Alphabet (NASDAQ:GOOGLGet Free Report) last posted its earnings results on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating the consensus estimate of $1.49 by $0.40. The company had revenue of $80.54 billion during the quarter, compared to analyst estimates of $66.04 billion. Alphabet had a return on equity of 29.52% and a net margin of 25.90%. During the same period in the prior year, the company earned $1.17 earnings per share. On average, sell-side analysts forecast that Alphabet Inc. will post 7.62 earnings per share for the current fiscal year.

    Alphabet Announces Dividend

    The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Stockholders of record on Monday, June 10th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Monday, June 10th. Alphabet’s dividend payout ratio (DPR) is presently 12.27%.

    Analyst Upgrades and Downgrades

    A number of research analysts recently weighed in on the company. Susquehanna lifted their target price on Alphabet from $170.00 to $225.00 and gave the company a “positive” rating in a report on Monday, April 29th. Evercore ISI lifted their target price on Alphabet from $220.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, June 11th. Mizuho reduced their target price on Alphabet from $290.00 to $205.00 in a report on Thursday, July 18th. Oppenheimer boosted their price objective on Alphabet from $185.00 to $205.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Finally, Wedbush restated an “outperform” rating and set a $205.00 price objective on shares of Alphabet in a research note on Monday. Six analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $200.88.

    Read Our Latest Research Report on Alphabet

    Insider Activity

    In other news, Director John L. Hennessy sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $185.85, for a total transaction of $278,775.00. Following the completion of the transaction, the director now directly owns 30,824 shares of the company’s stock, valued at $5,728,640.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director John L. Hennessy sold 2,100 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $175.76, for a total transaction of $369,096.00. Following the completion of the transaction, the director now directly owns 5,891 shares in the company, valued at $1,035,402.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John L. Hennessy sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $185.85, for a total value of $278,775.00. Following the transaction, the director now owns 30,824 shares of the company’s stock, valued at $5,728,640.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 124,488 shares of company stock valued at $21,866,705. 11.55% of the stock is currently owned by insiders.

    Alphabet Company Profile

    (Free Report)

    Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

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    Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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

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  • Russell Investments Group Ltd. Grows Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

    Russell Investments Group Ltd. Grows Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

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    Russell Investments Group Ltd. raised its stake in The Trade Desk, Inc. (NASDAQ:TTDFree Report) by 12.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,350 shares of the technology company’s stock after buying an additional 15,550 shares during the quarter. Russell Investments Group Ltd.’s holdings in Trade Desk were worth $12,608,000 at the end of the most recent quarter.

    Several other large investors have also recently made changes to their positions in the stock. Pinnacle Bancorp Inc. boosted its position in Trade Desk by 119.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 299 shares of the technology company’s stock valued at $26,000 after buying an additional 163 shares during the period. Riverview Trust Co purchased a new stake in Trade Desk during the 1st quarter worth about $27,000. Bogart Wealth LLC raised its position in Trade Desk by 194.7% in the 1st quarter. Bogart Wealth LLC now owns 336 shares of the technology company’s stock valued at $29,000 after purchasing an additional 222 shares in the last quarter. Level Financial Advisors Inc. grew its position in shares of Trade Desk by 50.0% during the fourth quarter. Level Financial Advisors Inc. now owns 450 shares of the technology company’s stock worth $32,000 after buying an additional 150 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of Trade Desk by 889.4% during the fourth quarter. Jones Financial Companies Lllp now owns 465 shares of the technology company’s stock worth $33,000 after buying an additional 418 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

    Trade Desk Stock Performance

    Shares of TTD opened at $95.72 on Friday. The Trade Desk, Inc. has a fifty-two week low of $60.23 and a fifty-two week high of $102.67. The firm has a 50-day simple moving average of $96.01 and a 200-day simple moving average of $84.73. The company has a market capitalization of $46.82 billion, a price-to-earnings ratio of 239.31, a price-to-earnings-growth ratio of 4.88 and a beta of 1.48.

    Trade Desk (NASDAQ:TTDGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. Trade Desk had a return on equity of 9.41% and a net margin of 9.80%. The firm had revenue of $491.25 million during the quarter, compared to the consensus estimate of $480.03 million. Equities research analysts forecast that The Trade Desk, Inc. will post 0.85 EPS for the current year.

    Insider Buying and Selling

    In other Trade Desk news, Director Gokul Rajaram sold 2,415 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $97.92, for a total value of $236,476.80. Following the transaction, the director now directly owns 34,056 shares of the company’s stock, valued at approximately $3,334,763.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Gokul Rajaram sold 2,415 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $97.92, for a total value of $236,476.80. Following the completion of the sale, the director now directly owns 34,056 shares of the company’s stock, valued at approximately $3,334,763.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Laura Schenkein sold 25,000 shares of the stock in a transaction on Tuesday, July 9th. The stock was sold at an average price of $100.43, for a total value of $2,510,750.00. Following the completion of the transaction, the chief financial officer now owns 703,038 shares of the company’s stock, valued at approximately $70,606,106.34. The disclosure for this sale can be found here. Insiders sold a total of 362,554 shares of company stock valued at $33,414,310 over the last three months. 10.18% of the stock is currently owned by company insiders.

    Analyst Upgrades and Downgrades

    TTD has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price target on shares of Trade Desk from $105.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, May 9th. BMO Capital Markets reaffirmed an “outperform” rating and set a $108.00 price objective (up from $107.00) on shares of Trade Desk in a research report on Thursday, May 9th. Oppenheimer increased their target price on Trade Desk from $105.00 to $120.00 and gave the company an “outperform” rating in a report on Monday. Wolfe Research started coverage on Trade Desk in a report on Tuesday. They set an “outperform” rating and a $115.00 price target for the company. Finally, Susquehanna reaffirmed a “positive” rating and set a $110.00 price objective on shares of Trade Desk in a research report on Thursday, May 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $98.72.

    View Our Latest Stock Analysis on TTD

    About Trade Desk

    (Free Report)

    The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

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    Institutional Ownership by Quarter for Trade Desk (NASDAQ:TTD)

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  • Thoroughbred Financial Services LLC Decreases Stake in Huntington Ingalls Industries, Inc. (NYSE:HII)

    Thoroughbred Financial Services LLC Decreases Stake in Huntington Ingalls Industries, Inc. (NYSE:HII)

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    Thoroughbred Financial Services LLC reduced its holdings in Huntington Ingalls Industries, Inc. (NYSE:HIIFree Report) by 7.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,389 shares of the aerospace company’s stock after selling 106 shares during the period. Thoroughbred Financial Services LLC’s holdings in Huntington Ingalls Industries were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

    Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cranbrook Wealth Management LLC purchased a new position in shares of Huntington Ingalls Industries in the fourth quarter worth about $28,000. Turtle Creek Wealth Advisors LLC purchased a new position in Huntington Ingalls Industries during the fourth quarter worth about $30,000. American National Bank purchased a new position in Huntington Ingalls Industries during the first quarter worth about $30,000. Riverview Trust Co purchased a new position in Huntington Ingalls Industries during the first quarter worth about $30,000. Finally, Fidelis Capital Partners LLC purchased a new position in Huntington Ingalls Industries during the first quarter worth about $31,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

    Huntington Ingalls Industries Price Performance

    Huntington Ingalls Industries stock opened at $267.46 on Wednesday. The company’s 50 day simple moving average is $249.69 and its 200-day simple moving average is $265.87. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 2.18 and a beta of 0.53. Huntington Ingalls Industries, Inc. has a 1 year low of $199.11 and a 1 year high of $299.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.89 and a current ratio of 0.96.

    Huntington Ingalls Industries (NYSE:HIIGet Free Report) last released its quarterly earnings results on Thursday, May 2nd. The aerospace company reported $3.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.50 by $0.37. The business had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.81 billion. Huntington Ingalls Industries had a net margin of 6.09% and a return on equity of 18.08%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $3.23 EPS. As a group, equities research analysts expect that Huntington Ingalls Industries, Inc. will post 16.35 earnings per share for the current year.

    Huntington Ingalls Industries Announces Dividend

    The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Friday, May 31st. Huntington Ingalls Industries’s dividend payout ratio (DPR) is 29.31%.

    Analyst Ratings Changes

    HII has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Huntington Ingalls Industries from $288.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21st. StockNews.com downgraded shares of Huntington Ingalls Industries from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 3rd. Finally, Citigroup initiated coverage on shares of Huntington Ingalls Industries in a research note on Monday, May 20th. They set a “buy” rating and a $310.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Huntington Ingalls Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of $278.00.

    View Our Latest Report on HII

    Insider Activity

    In other news, VP Jennifer R. Boykin sold 1,043 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $252.03, for a total value of $262,867.29. Following the sale, the vice president now directly owns 11,961 shares of the company’s stock, valued at approximately $3,014,530.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, VP Edmond E. Jr. Hughes sold 1,500 shares of Huntington Ingalls Industries stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $256.07, for a total value of $384,105.00. Following the completion of the transaction, the vice president now owns 8,135 shares in the company, valued at $2,083,129.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jennifer R. Boykin sold 1,043 shares of Huntington Ingalls Industries stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $252.03, for a total transaction of $262,867.29. Following the completion of the transaction, the vice president now owns 11,961 shares of the company’s stock, valued at approximately $3,014,530.83. The disclosure for this sale can be found here. Insiders own 0.72% of the company’s stock.

    About Huntington Ingalls Industries

    (Free Report)

    Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S.

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    Institutional Ownership by Quarter for Huntington Ingalls Industries (NYSE:HII)

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  • BCGM Wealth Management LLC Purchases 66 Shares of Meta Platforms, Inc. (NASDAQ:META)

    BCGM Wealth Management LLC Purchases 66 Shares of Meta Platforms, Inc. (NASDAQ:META)

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    BCGM Wealth Management LLC grew its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 5.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,311 shares of the social networking company’s stock after acquiring an additional 66 shares during the period. BCGM Wealth Management LLC’s holdings in Meta Platforms were worth $637,000 as of its most recent filing with the SEC.

    A number of other large investors also recently modified their holdings of the company. Purus Wealth Management LLC increased its holdings in Meta Platforms by 6.7% in the fourth quarter. Purus Wealth Management LLC now owns 3,198 shares of the social networking company’s stock valued at $1,132,000 after purchasing an additional 200 shares during the period. Daymark Wealth Partners LLC grew its holdings in Meta Platforms by 3.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 10,309 shares of the social networking company’s stock worth $3,649,000 after acquiring an additional 347 shares during the period. Howard Financial Services LTD. grew its holdings in Meta Platforms by 11.2% during the 4th quarter. Howard Financial Services LTD. now owns 960 shares of the social networking company’s stock worth $340,000 after acquiring an additional 97 shares during the period. Dfpg Investments LLC grew its holdings in Meta Platforms by 2.9% during the 4th quarter. Dfpg Investments LLC now owns 47,576 shares of the social networking company’s stock worth $16,388,000 after acquiring an additional 1,342 shares during the period. Finally, Silvia Mccoll Wealth Management LLC acquired a new stake in Meta Platforms during the 4th quarter worth about $254,000. 79.91% of the stock is currently owned by institutional investors.

    Meta Platforms Price Performance

    Shares of Meta Platforms stock traded up $2.68 during trading hours on Monday, reaching $501.55. The company’s stock had a trading volume of 6,465,276 shares, compared to its average volume of 16,133,846. The firm has a 50 day moving average price of $492.56 and a 200-day moving average price of $467.54. Meta Platforms, Inc. has a one year low of $274.38 and a one year high of $542.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.68 and a quick ratio of 2.68. The stock has a market cap of $1.27 trillion, a P/E ratio of 28.70, a P/E/G ratio of 1.29 and a beta of 1.21.

    Meta Platforms (NASDAQ:METAGet Free Report) last posted its earnings results on Wednesday, April 24th. The social networking company reported $4.71 earnings per share for the quarter, topping analysts’ consensus estimates of $4.32 by $0.39. Meta Platforms had a net margin of 32.06% and a return on equity of 32.03%. The firm had revenue of $36.46 billion for the quarter, compared to the consensus estimate of $36.28 billion. On average, analysts predict that Meta Platforms, Inc. will post 20.21 EPS for the current year.

    Meta Platforms Dividend Announcement

    The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 26th. Shareholders of record on Friday, June 14th were given a $0.50 dividend. The ex-dividend date was Friday, June 14th. This represents a $2.00 annualized dividend and a yield of 0.40%. Meta Platforms’s dividend payout ratio (DPR) is 11.49%.

    Wall Street Analyst Weigh In

    A number of analysts have weighed in on META shares. Truist Financial decreased their price target on Meta Platforms from $550.00 to $535.00 and set a “buy” rating for the company in a report on Thursday, April 25th. Wedbush dropped their price target on shares of Meta Platforms from $570.00 to $480.00 and set an “outperform” rating on the stock in a research report on Thursday, April 25th. TD Securities lifted their target price on shares of Meta Platforms from $530.00 to $600.00 in a research report on Wednesday, July 10th. UBS Group dropped their target price on shares of Meta Platforms from $610.00 to $575.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. Finally, Oppenheimer dropped their target price on shares of Meta Platforms from $585.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, April 25th. Two analysts have rated the stock with a sell rating, three have given a hold rating, thirty-seven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $515.64.

    Read Our Latest Analysis on META

    Insider Buying and Selling at Meta Platforms

    In related news, Director Sheryl Sandberg sold 105,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $476.71, for a total transaction of $50,054,550.00. Following the completion of the transaction, the director now owns 630,293 shares in the company, valued at approximately $300,466,976.03. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, insider Jennifer Newstead sold 585 shares of the stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $498.59, for a total value of $291,675.15. Following the sale, the insider now owns 37,813 shares in the company, valued at $18,853,183.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sheryl Sandberg sold 105,000 shares of the stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $476.71, for a total transaction of $50,054,550.00. Following the completion of the sale, the director now owns 630,293 shares in the company, valued at approximately $300,466,976.03. The disclosure for this sale can be found here. Insiders sold a total of 294,278 shares of company stock valued at $146,060,559 in the last three months. Company insiders own 13.71% of the company’s stock.

    Meta Platforms Company Profile

    (Free Report)

    Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

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    Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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

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

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

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

    Wall Street Analyst Weigh In

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

    Get Our Latest Research Report on V

    Visa Trading Up 1.2 %

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

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

    Visa Announces Dividend

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

    Insider Buying and Selling

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

    Visa Company Profile

    (Free Report)

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

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    Institutional Ownership by Quarter for Visa (NYSE:V)

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  • Johnson & Johnson (NYSE:JNJ) is Tweedy Browne Co LLC’s 3rd Largest Position

    Johnson & Johnson (NYSE:JNJ) is Tweedy Browne Co LLC’s 3rd Largest Position

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    Tweedy Browne Co LLC cut its stake in Johnson & Johnson (NYSE:JNJFree Report) by 0.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,133,725 shares of the company’s stock after selling 1,393 shares during the quarter. Johnson & Johnson makes up approximately 8.4% of Tweedy Browne Co LLC’s portfolio, making the stock its 3rd largest holding. Tweedy Browne Co LLC’s holdings in Johnson & Johnson were worth $179,344,000 at the end of the most recent reporting period.

    Several other large investors also recently bought and sold shares of JNJ. Pathway Financial Advisors LLC raised its position in shares of Johnson & Johnson by 4.3% during the 4th quarter. Pathway Financial Advisors LLC now owns 5,438 shares of the company’s stock valued at $852,000 after buying an additional 226 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Johnson & Johnson by 5.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 297,850 shares of the company’s stock valued at $46,685,000 after purchasing an additional 15,490 shares during the last quarter. OneAscent Financial Services LLC grew its holdings in shares of Johnson & Johnson by 82.8% during the 4th quarter. OneAscent Financial Services LLC now owns 9,838 shares of the company’s stock worth $1,542,000 after purchasing an additional 4,457 shares during the period. Drive Wealth Management LLC increased its position in shares of Johnson & Johnson by 4.5% during the 1st quarter. Drive Wealth Management LLC now owns 9,625 shares of the company’s stock worth $1,523,000 after purchasing an additional 414 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. lifted its position in Johnson & Johnson by 12.7% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 19,587 shares of the company’s stock valued at $3,070,000 after buying an additional 2,201 shares during the last quarter. 69.55% of the stock is currently owned by hedge funds and other institutional investors.

    Johnson & Johnson Stock Up 0.1 %

    Shares of NYSE:JNJ opened at $149.88 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.36. The firm has a 50 day simple moving average of $147.94 and a 200-day simple moving average of $153.50. The company has a market capitalization of $360.71 billion, a PE ratio of 9.34, a P/E/G ratio of 2.49 and a beta of 0.52. Johnson & Johnson has a twelve month low of $143.13 and a twelve month high of $175.97.

    Johnson & Johnson (NYSE:JNJGet Free Report) last released its quarterly earnings data on Tuesday, April 16th. The company reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.07. Johnson & Johnson had a net margin of 45.26% and a return on equity of 36.70%. The company had revenue of $21.38 billion during the quarter, compared to the consensus estimate of $21.39 billion. During the same quarter in the prior year, the firm posted $2.68 earnings per share. Johnson & Johnson’s revenue for the quarter was up 2.3% on a year-over-year basis. On average, equities analysts predict that Johnson & Johnson will post 10.61 EPS for the current fiscal year.

    Johnson & Johnson Increases Dividend

    The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 4th. Stockholders of record on Tuesday, May 21st were given a dividend of $1.24 per share. The ex-dividend date of this dividend was Monday, May 20th. This is a positive change from Johnson & Johnson’s previous quarterly dividend of $1.19. This represents a $4.96 dividend on an annualized basis and a dividend yield of 3.31%. Johnson & Johnson’s dividend payout ratio (DPR) is 30.92%.

    Analyst Upgrades and Downgrades

    JNJ has been the topic of several recent analyst reports. Morgan Stanley decreased their price objective on shares of Johnson & Johnson from $168.00 to $167.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 17th. The Goldman Sachs Group began coverage on Johnson & Johnson in a research report on Thursday, May 30th. They set a “neutral” rating and a $160.00 price target for the company. Bank of America decreased their target price on Johnson & Johnson from $180.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 17th. Royal Bank of Canada reissued an “outperform” rating and set a $175.00 price target on shares of Johnson & Johnson in a research report on Monday, June 17th. Finally, StockNews.com raised shares of Johnson & Johnson from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 30th. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $174.07.

    Read Our Latest Stock Report on JNJ

    Johnson & Johnson Company Profile

    (Free Report)

    Johnson & Johnson, together with its subsidiaries, researches, develops, manufactures, and sells various products in the healthcare field worldwide. The company’s Innovative Medicine segment offers products for various therapeutic areas, such as immunology, including rheumatoid arthritis, psoriatic arthritis, inflammatory bowel disease, and psoriasis; infectious diseases comprising HIV/AIDS; neuroscience, consisting of mood disorders, neurodegenerative disorders, and schizophrenia; oncology, such as prostate cancer, hematologic malignancies, lung cancer, and bladder cancer; cardiovascular and metabolism, including thrombosis, diabetes, and macular degeneration; and pulmonary hypertension comprising pulmonary arterial hypertension through retailers, wholesalers, distributors, hospitals, and healthcare professionals for prescription use.

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    Institutional Ownership by Quarter for Johnson & Johnson (NYSE:JNJ)

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  • Whittier Trust Co. of Nevada Inc. Buys 22,578 Shares of Merck & Co., Inc. (NYSE:MRK)

    Whittier Trust Co. of Nevada Inc. Buys 22,578 Shares of Merck & Co., Inc. (NYSE:MRK)

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    Whittier Trust Co. of Nevada Inc. increased its stake in Merck & Co., Inc. (NYSE:MRKFree Report) by 10.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 247,338 shares of the company’s stock after purchasing an additional 22,578 shares during the quarter. Merck & Co., Inc. comprises 0.9% of Whittier Trust Co. of Nevada Inc.’s investment portfolio, making the stock its 18th largest holding. Whittier Trust Co. of Nevada Inc.’s holdings in Merck & Co., Inc. were worth $32,636,000 at the end of the most recent quarter.

    Other hedge funds also recently modified their holdings of the company. Cross Staff Investments Inc increased its stake in shares of Merck & Co., Inc. by 3.5% in the 4th quarter. Cross Staff Investments Inc now owns 6,710 shares of the company’s stock valued at $732,000 after acquiring an additional 225 shares in the last quarter. PFW Advisors LLC bought a new stake in shares of Merck & Co., Inc. in the 1st quarter valued at $212,000. Dynamic Advisor Solutions LLC increased its stake in shares of Merck & Co., Inc. by 6.0% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 77,833 shares of the company’s stock valued at $10,270,000 after acquiring an additional 4,433 shares in the last quarter. Kennedy Investment Group increased its stake in shares of Merck & Co., Inc. by 16.0% in the 4th quarter. Kennedy Investment Group now owns 2,564 shares of the company’s stock valued at $280,000 after acquiring an additional 354 shares in the last quarter. Finally, Schear Investment Advisers LLC increased its stake in shares of Merck & Co., Inc. by 16.0% in the 4th quarter. Schear Investment Advisers LLC now owns 3,233 shares of the company’s stock valued at $352,000 after acquiring an additional 445 shares in the last quarter. Institutional investors own 76.07% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of analysts have commented on the stock. Truist Financial boosted their price target on shares of Merck & Co., Inc. from $142.00 to $143.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Cantor Fitzgerald restated an “overweight” rating and set a $155.00 price target on shares of Merck & Co., Inc. in a research note on Tuesday, June 18th. Berenberg Bank boosted their price target on shares of Merck & Co., Inc. from $140.00 to $143.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Wells Fargo & Company boosted their price target on shares of Merck & Co., Inc. from $130.00 to $135.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 27th. Finally, Argus upgraded shares of Merck & Co., Inc. to a “strong-buy” rating in a research note on Wednesday, June 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $133.00.

    Check Out Our Latest Stock Analysis on Merck & Co., Inc.

    Merck & Co., Inc. Price Performance

    MRK opened at $126.74 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.25 and a quick ratio of 0.99. The company has a market capitalization of $321.01 billion, a price-to-earnings ratio of 140.09, a P/E/G ratio of 2.43 and a beta of 0.38. The firm’s fifty day moving average price is $128.99 and its two-hundred day moving average price is $125.39. Merck & Co., Inc. has a 1 year low of $99.14 and a 1 year high of $134.63.

    Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its quarterly earnings data on Thursday, April 25th. The company reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.13. The firm had revenue of $15.78 billion for the quarter, compared to the consensus estimate of $15.21 billion. Merck & Co., Inc. had a net margin of 3.76% and a return on equity of 14.05%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 EPS. As a group, analysts anticipate that Merck & Co., Inc. will post 8.62 earnings per share for the current fiscal year.

    Merck & Co., Inc. Announces Dividend

    The business also recently declared a quarterly dividend, which was paid on Monday, July 8th. Stockholders of record on Monday, June 17th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend was Monday, June 17th. Merck & Co., Inc.’s dividend payout ratio is presently 342.22%.

    Merck & Co., Inc. Company Profile

    (Free Report)

    Merck & Co, Inc operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes under the Keytruda, Bridion, Adempas, Lagevrio, Belsomra, Simponi, and Januvia brands, as well as vaccine products consisting of preventive pediatric, adolescent, and adult vaccines under the Gardasil/Gardasil 9, ProQuad, M-M-R II, Varivax, RotaTeq, Live Oral, Vaxneuvance, Pneumovax 23, and Vaqta names.

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    Institutional Ownership by Quarter for Merck & Co., Inc. (NYSE:MRK)

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  • Norden Group LLC Purchases 11,736 Shares of Walmart Inc. (NYSE:WMT)

    Norden Group LLC Purchases 11,736 Shares of Walmart Inc. (NYSE:WMT)

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    Norden Group LLC grew its stake in Walmart Inc. (NYSE:WMTFree Report) by 242.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,578 shares of the retailer’s stock after purchasing an additional 11,736 shares during the period. Norden Group LLC’s holdings in Walmart were worth $998,000 as of its most recent SEC filing.

    Several other hedge funds and other institutional investors also recently bought and sold shares of WMT. Baker Avenue Asset Management LP grew its position in Walmart by 26.0% in the 3rd quarter. Baker Avenue Asset Management LP now owns 5,324 shares of the retailer’s stock worth $852,000 after purchasing an additional 1,099 shares during the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Walmart by 30.6% during the 3rd quarter. Crestwood Advisors Group LLC now owns 9,414 shares of the retailer’s stock valued at $1,506,000 after acquiring an additional 2,206 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Walmart by 0.3% during the 3rd quarter. Townsquare Capital LLC now owns 58,333 shares of the retailer’s stock valued at $9,329,000 after acquiring an additional 158 shares in the last quarter. Essex Financial Services Inc. boosted its position in shares of Walmart by 1.5% during the 3rd quarter. Essex Financial Services Inc. now owns 9,017 shares of the retailer’s stock valued at $1,442,000 after acquiring an additional 132 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC boosted its position in shares of Walmart by 5.2% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 30,105 shares of the retailer’s stock valued at $4,815,000 after acquiring an additional 1,490 shares in the last quarter. 26.76% of the stock is currently owned by institutional investors and hedge funds.

    Analysts Set New Price Targets

    A number of research firms have commented on WMT. Citigroup boosted their price target on shares of Walmart from $63.33 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Barclays boosted their price target on shares of Walmart from $60.00 to $66.00 and gave the company an “overweight” rating in a research report on Monday, May 20th. TD Cowen boosted their price target on shares of Walmart from $68.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Raymond James boosted their price target on shares of Walmart from $63.00 to $70.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Finally, Jefferies Financial Group boosted their target price on shares of Walmart from $75.00 to $77.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Three investment analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $70.47.

    Get Our Latest Report on WMT

    Walmart Stock Up 2.6 %

    Walmart stock opened at $70.04 on Friday. The stock has a market capitalization of $563.37 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 3.93 and a beta of 0.50. The company has a 50 day moving average of $64.93 and a 200-day moving average of $59.90. Walmart Inc. has a twelve month low of $49.85 and a twelve month high of $70.15. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 0.48.

    Walmart (NYSE:WMTGet Free Report) last issued its quarterly earnings data on Thursday, May 16th. The retailer reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08. The company had revenue of $161.50 billion for the quarter, compared to analyst estimates of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 earnings per share. On average, equities research analysts anticipate that Walmart Inc. will post 2.43 EPS for the current fiscal year.

    Insider Buying and Selling

    In related news, EVP John D. Rainey sold 25,578 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $67.58, for a total transaction of $1,728,561.24. Following the transaction, the executive vice president now directly owns 390,165 shares of the company’s stock, valued at $26,367,350.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, EVP John D. Rainey sold 25,578 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $67.58, for a total transaction of $1,728,561.24. Following the transaction, the executive vice president now directly owns 390,165 shares of the company’s stock, valued at $26,367,350.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Douglas Mcmillon sold 29,124 shares of the firm’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $68.39, for a total transaction of $1,991,790.36. Following the transaction, the chief executive officer now directly owns 3,960,402 shares in the company, valued at $270,851,892.78. The disclosure for this sale can be found here. Over the last three months, insiders have sold 14,525,340 shares of company stock valued at $953,023,399. 45.58% of the stock is owned by company insiders.

    Walmart Profile

    (Free Report)

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

    See Also

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    Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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  • Maryland State Retirement & Pension System Sells 189 Shares of Federal Signal Co. (NYSE:FSS)

    Maryland State Retirement & Pension System Sells 189 Shares of Federal Signal Co. (NYSE:FSS)

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    Maryland State Retirement & Pension System decreased its position in Federal Signal Co. (NYSE:FSSFree Report) by 0.9% during the 1st quarter, Holdings Channel reports. The firm owned 21,955 shares of the conglomerate’s stock after selling 189 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Federal Signal were worth $1,811,000 at the end of the most recent reporting period.

    Several other institutional investors have also recently added to or reduced their stakes in FSS. Vanguard Group Inc. increased its stake in shares of Federal Signal by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 6,679,305 shares of the conglomerate’s stock valued at $512,570,000 after buying an additional 60,696 shares during the period. Conestoga Capital Advisors LLC boosted its stake in shares of Federal Signal by 2.4% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,350,214 shares of the conglomerate’s stock valued at $103,615,000 after purchasing an additional 31,807 shares during the last quarter. Norges Bank bought a new stake in shares of Federal Signal during the fourth quarter worth approximately $52,130,000. Charles Schwab Investment Management Inc. lifted its holdings in Federal Signal by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 649,953 shares of the conglomerate’s stock valued at $49,877,000 after buying an additional 9,688 shares during the period. Finally, Global Alpha Capital Management Ltd. grew its holdings in Federal Signal by 19.5% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 545,713 shares of the conglomerate’s stock worth $41,878,000 after acquiring an additional 88,900 shares during the period. 92.73% of the stock is owned by institutional investors.

    Wall Street Analysts Forecast Growth

    Separately, William Blair started coverage on shares of Federal Signal in a report on Friday, May 31st. They set an “outperform” rating for the company.

    Check Out Our Latest Stock Report on Federal Signal

    Federal Signal Stock Performance

    NYSE FSS traded down $1.43 on Friday, hitting $82.93. 9,565 shares of the stock were exchanged, compared to its average volume of 332,973. The company has a market capitalization of $5.07 billion, a PE ratio of 28.30 and a beta of 0.95. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.82 and a quick ratio of 1.29. The business’s fifty day moving average is $85.32 and its 200 day moving average is $81.40. Federal Signal Co. has a 52 week low of $56.37 and a 52 week high of $92.90.

    Federal Signal (NYSE:FSSGet Free Report) last posted its earnings results on Tuesday, April 30th. The conglomerate reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.09. Federal Signal had a return on equity of 17.36% and a net margin of 10.31%. The business had revenue of $424.90 million for the quarter, compared to analyst estimates of $425.58 million. During the same period in the previous year, the firm earned $0.46 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. Research analysts anticipate that Federal Signal Co. will post 3.08 EPS for the current fiscal year.

    Federal Signal Announces Dividend

    The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were given a $0.12 dividend. The ex-dividend date was Thursday, May 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.58%. Federal Signal’s payout ratio is presently 16.22%.

    About Federal Signal

    (Free Report)

    Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.

    Featured Stories

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    Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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  • Seaside Wealth Management Inc. Sells 373 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

    Seaside Wealth Management Inc. Sells 373 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

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    Seaside Wealth Management Inc. cut its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWOFree Report) by 1.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 24,802 shares of the exchange traded fund’s stock after selling 373 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up about 0.4% of Seaside Wealth Management Inc.’s holdings, making the stock its 19th largest holding. Seaside Wealth Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,036,000 as of its most recent filing with the SEC.

    Other large investors have also bought and sold shares of the company. OLD Mission Capital LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 228.5% during the fourth quarter. OLD Mission Capital LLC now owns 9,193,296 shares of the exchange traded fund’s stock worth $377,844,000 after acquiring an additional 6,394,978 shares in the last quarter. Summit Rock Advisors LP bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $126,776,000. Corient Private Wealth LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 66.0% in the 4th quarter. Corient Private Wealth LLC now owns 6,403,144 shares of the exchange traded fund’s stock valued at $263,169,000 after purchasing an additional 2,545,589 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 6,220.9% in the third quarter. EP Wealth Advisors LLC now owns 2,420,155 shares of the exchange traded fund’s stock valued at $94,894,000 after purchasing an additional 2,381,867 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 102.5% during the fourth quarter. Cerity Partners LLC now owns 4,405,047 shares of the exchange traded fund’s stock worth $181,047,000 after buying an additional 2,229,581 shares during the period.

    Vanguard FTSE Emerging Markets ETF Stock Performance

    NYSEARCA:VWO opened at $43.90 on Monday. The company has a market cap of $79.46 billion, a PE ratio of 11.50 and a beta of 0.80. The stock has a 50-day simple moving average of $43.51 and a 200 day simple moving average of $41.85. Vanguard FTSE Emerging Markets ETF has a 52-week low of $37.46 and a 52-week high of $44.97.

    Vanguard FTSE Emerging Markets ETF Profile

    (Free Report)

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

    See Also

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

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  • Walmart Inc. (NYSE:WMT) Stock Holdings Lifted by New England Research & Management Inc.

    Walmart Inc. (NYSE:WMT) Stock Holdings Lifted by New England Research & Management Inc.

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    New England Research & Management Inc. lifted its holdings in Walmart Inc. (NYSE:WMTFree Report) by 160.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 7,923 shares of the retailer’s stock after buying an additional 4,882 shares during the quarter. New England Research & Management Inc.’s holdings in Walmart were worth $477,000 as of its most recent filing with the SEC.

    Several other hedge funds have also recently bought and sold shares of WMT. Lazard Asset Management LLC lifted its position in Walmart by 13.5% in the 3rd quarter. Lazard Asset Management LLC now owns 73,360 shares of the retailer’s stock valued at $11,731,000 after purchasing an additional 8,747 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Walmart by 1.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 175,658 shares of the retailer’s stock valued at $28,093,000 after buying an additional 2,180 shares during the period. Axxcess Wealth Management LLC increased its stake in Walmart by 99.1% during the 3rd quarter. Axxcess Wealth Management LLC now owns 62,881 shares of the retailer’s stock valued at $10,057,000 after buying an additional 31,296 shares during the period. AXQ Capital LP acquired a new position in Walmart during the 3rd quarter valued at about $1,311,000. Finally, Augustine Asset Management Inc. increased its stake in Walmart by 10.8% during the 3rd quarter. Augustine Asset Management Inc. now owns 5,250 shares of the retailer’s stock valued at $840,000 after buying an additional 511 shares during the period. 26.76% of the stock is currently owned by institutional investors.

    Insider Buying and Selling at Walmart

    In other Walmart news, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.20, for a total value of $895,125.00. Following the completion of the sale, the executive vice president now directly owns 645,540 shares in the company, valued at $44,025,828. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.39, for a total value of $1,991,790.36. Following the transaction, the chief executive officer now owns 3,960,402 shares of the company’s stock, valued at $270,851,892.78. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP John R. Furner sold 13,125 shares of Walmart stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of $68.20, for a total transaction of $895,125.00. Following the completion of the transaction, the executive vice president now directly owns 645,540 shares in the company, valued at approximately $44,025,828. The disclosure for this sale can be found here. Insiders sold 14,502,762 shares of company stock worth $951,475,618 over the last ninety days. 45.58% of the stock is currently owned by insiders.

    Analyst Upgrades and Downgrades

    Several equities analysts have commented on WMT shares. Jefferies Financial Group raised their target price on shares of Walmart from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Stifel Nicolaus raised their target price on shares of Walmart from $65.00 to $69.00 and gave the company a “hold” rating in a research note on Friday, May 17th. HSBC raised their target price on shares of Walmart from $70.00 to $81.00 and gave the company a “buy” rating in a research note on Tuesday, June 11th. DA Davidson lifted their price objective on shares of Walmart from $69.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, Citigroup lifted their price objective on shares of Walmart from $63.33 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $69.97.

    Read Our Latest Stock Report on WMT

    Walmart Stock Performance

    WMT stock opened at $67.71 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.23 and a current ratio of 0.80. The stock has a market cap of $544.63 billion, a P/E ratio of 28.98, a P/E/G ratio of 3.91 and a beta of 0.52. The firm has a 50 day simple moving average of $64.07 and a 200 day simple moving average of $59.35. Walmart Inc. has a 52 week low of $49.85 and a 52 week high of $69.04.

    Walmart (NYSE:WMTGet Free Report) last posted its earnings results on Thursday, May 16th. The retailer reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.08. The firm had revenue of $161.50 billion during the quarter, compared to analysts’ expectations of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The company’s revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 earnings per share. Research analysts anticipate that Walmart Inc. will post 2.42 earnings per share for the current fiscal year.

    Walmart Profile

    (Free Report)

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

    Further Reading

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

    Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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

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  • L3Harris Technologies, Inc. (NYSE:LHX) Shares Bought by Norway Savings Bank

    L3Harris Technologies, Inc. (NYSE:LHX) Shares Bought by Norway Savings Bank

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    Norway Savings Bank increased its position in L3Harris Technologies, Inc. (NYSE:LHXFree Report) by 39.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,186 shares of the company’s stock after purchasing an additional 624 shares during the quarter. Norway Savings Bank’s holdings in L3Harris Technologies were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

    Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC purchased a new stake in shares of L3Harris Technologies during the fourth quarter worth about $28,000. KB Financial Partners LLC raised its position in shares of L3Harris Technologies by 96.5% in the 3rd quarter. KB Financial Partners LLC now owns 167 shares of the company’s stock valued at $29,000 after purchasing an additional 82 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of L3Harris Technologies by 178.7% during the 4th quarter. Blue Trust Inc. now owns 170 shares of the company’s stock valued at $36,000 after buying an additional 109 shares during the last quarter. Washington Trust Advisors Inc. grew its position in shares of L3Harris Technologies by 80.6% during the fourth quarter. Washington Trust Advisors Inc. now owns 177 shares of the company’s stock worth $37,000 after buying an additional 79 shares in the last quarter. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of L3Harris Technologies during the fourth quarter worth approximately $46,000. Hedge funds and other institutional investors own 84.76% of the company’s stock.

    Insider Buying and Selling at L3Harris Technologies

    In other news, VP Sean J. Stackley sold 3,354 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $216.73, for a total transaction of $726,912.42. Following the completion of the sale, the vice president now directly owns 14,186 shares of the company’s stock, valued at approximately $3,074,531.78. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other L3Harris Technologies news, CEO Christopher E. Kubasik sold 26,190 shares of the company’s stock in a transaction dated Tuesday, June 4th. The shares were sold at an average price of $225.70, for a total transaction of $5,911,083.00. Following the completion of the sale, the chief executive officer now directly owns 120,326 shares of the company’s stock, valued at $27,157,578.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Sean J. Stackley sold 3,354 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $216.73, for a total transaction of $726,912.42. Following the sale, the vice president now owns 14,186 shares in the company, valued at approximately $3,074,531.78. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 82,898 shares of company stock valued at $18,558,167. Corporate insiders own 0.82% of the company’s stock.

    L3Harris Technologies Stock Up 0.6 %

    LHX opened at $224.58 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.80 and a current ratio of 0.98. The company has a market capitalization of $42.60 billion, a PE ratio of 36.46, a P/E/G ratio of 1.87 and a beta of 0.71. The stock’s fifty day moving average is $219.69 and its 200-day moving average is $212.72. L3Harris Technologies, Inc. has a one year low of $160.25 and a one year high of $228.13.

    L3Harris Technologies (NYSE:LHXGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.89 by $0.17. L3Harris Technologies had a net margin of 5.82% and a return on equity of 12.82%. The firm had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $5.11 billion. During the same period in the previous year, the business earned $2.86 earnings per share. L3Harris Technologies’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, equities analysts predict that L3Harris Technologies, Inc. will post 12.93 EPS for the current fiscal year.

    L3Harris Technologies Announces Dividend

    The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were given a $1.16 dividend. The ex-dividend date of this dividend was Tuesday, June 4th. This represents a $4.64 annualized dividend and a yield of 2.07%. L3Harris Technologies’s dividend payout ratio (DPR) is 75.32%.

    Analysts Set New Price Targets

    A number of research firms have commented on LHX. Barclays increased their price objective on shares of L3Harris Technologies from $238.00 to $245.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Royal Bank of Canada lifted their price target on L3Harris Technologies from $245.00 to $250.00 and gave the stock an “outperform” rating in a research note on Monday, April 29th. Alembic Global Advisors upgraded L3Harris Technologies from a “neutral” rating to an “overweight” rating and set a $238.00 price objective on the stock in a research note on Monday, April 22nd. JPMorgan Chase & Co. lifted their target price on L3Harris Technologies from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Finally, Wells Fargo & Company boosted their price target on L3Harris Technologies from $238.00 to $245.00 and gave the company an “overweight” rating in a report on Tuesday, May 7th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, L3Harris Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $231.80.

    Read Our Latest Research Report on LHX

    About L3Harris Technologies

    (Free Report)

    L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.

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    Want to see what other hedge funds are holding LHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for L3Harris Technologies, Inc. (NYSE:LHXFree Report).

    Institutional Ownership by Quarter for L3Harris Technologies (NYSE:LHX)

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  • DGS Capital Management LLC Has $965,000 Position in Walmart Inc. (NYSE:WMT)

    DGS Capital Management LLC Has $965,000 Position in Walmart Inc. (NYSE:WMT)

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    DGS Capital Management LLC lifted its stake in Walmart Inc. (NYSE:WMTFree Report) by 297.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,044 shares of the retailer’s stock after purchasing an additional 12,006 shares during the period. DGS Capital Management LLC’s holdings in Walmart were worth $965,000 at the end of the most recent quarter.

    Other institutional investors have also recently bought and sold shares of the company. Valley Brook Capital Group Inc. grew its holdings in Walmart by 4.2% during the 4th quarter. Valley Brook Capital Group Inc. now owns 7,816 shares of the retailer’s stock worth $1,232,000 after acquiring an additional 315 shares during the period. Core Wealth Advisors Inc. grew its holdings in Walmart by 38.9% during the 4th quarter. Core Wealth Advisors Inc. now owns 1,501 shares of the retailer’s stock worth $237,000 after acquiring an additional 420 shares during the period. Motco grew its holdings in Walmart by 1.3% during the 4th quarter. Motco now owns 58,301 shares of the retailer’s stock worth $9,191,000 after acquiring an additional 726 shares during the period. Tealwood Asset Management Inc. grew its holdings in Walmart by 200.0% during the 1st quarter. Tealwood Asset Management Inc. now owns 5,754 shares of the retailer’s stock worth $346,000 after acquiring an additional 3,836 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in Walmart by 24.6% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 78,345 shares of the retailer’s stock worth $12,351,000 after acquiring an additional 15,448 shares during the period. Institutional investors and hedge funds own 26.76% of the company’s stock.

    Walmart Trading Up 0.2 %

    NYSE:WMT opened at $68.41 on Thursday. The company has a current ratio of 0.80, a quick ratio of 0.23 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $550.26 billion, a price-to-earnings ratio of 29.23, a PEG ratio of 3.89 and a beta of 0.52. The firm has a fifty day simple moving average of $63.56 and a two-hundred day simple moving average of $59.05. Walmart Inc. has a 12 month low of $49.85 and a 12 month high of $69.04.

    Walmart (NYSE:WMTGet Free Report) last posted its quarterly earnings results on Thursday, May 16th. The retailer reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08. The business had revenue of $161.50 billion during the quarter, compared to analysts’ expectations of $159.57 billion. Walmart had a net margin of 2.88% and a return on equity of 21.57%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the company posted $0.49 earnings per share. Analysts expect that Walmart Inc. will post 2.42 EPS for the current fiscal year.

    Insider Activity

    In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the completion of the transaction, the chief executive officer now directly owns 4,018,650 shares in the company, valued at $241,239,559.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of $60.03, for a total transaction of $1,748,313.72. Following the completion of the transaction, the chief executive officer now directly owns 4,018,650 shares in the company, valued at $241,239,559.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy Patrick Flynn sold 30,000 shares of Walmart stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $64.82, for a total transaction of $1,944,600.00. Following the transaction, the director now owns 144,807 shares of the company’s stock, valued at $9,386,389.74. The disclosure for this sale can be found here. Insiders sold 14,451,722 shares of company stock worth $947,990,915 over the last three months. 45.58% of the stock is currently owned by insiders.

    Wall Street Analyst Weigh In

    Several equities analysts have recently issued reports on WMT shares. Royal Bank of Canada boosted their price target on shares of Walmart from $62.00 to $70.00 and gave the company an “outperform” rating in a report on Friday, May 17th. Evercore ISI boosted their price target on shares of Walmart from $72.00 to $73.00 and gave the company an “outperform” rating in a report on Thursday, June 20th. Oppenheimer boosted their price target on shares of Walmart from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday, June 6th. StockNews.com lowered shares of Walmart from a “strong-buy” rating to a “buy” rating in a report on Monday, May 20th. Finally, The Goldman Sachs Group boosted their price objective on shares of Walmart from $64.33 to $73.00 and gave the company a “buy” rating in a research report on Friday, May 17th. Three investment analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. According to MarketBeat.com, Walmart has a consensus rating of “Moderate Buy” and a consensus target price of $69.97.

    View Our Latest Analysis on Walmart

    About Walmart

    (Free Report)

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

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    Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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  • Mechanics Bank Trust Department Sells 35 Shares of Linde plc (NASDAQ:LIN)

    Mechanics Bank Trust Department Sells 35 Shares of Linde plc (NASDAQ:LIN)

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    Mechanics Bank Trust Department decreased its position in Linde plc (NASDAQ:LINFree Report) by 2.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,528 shares of the basic materials company’s stock after selling 35 shares during the period. Mechanics Bank Trust Department’s holdings in Linde were worth $709,000 as of its most recent filing with the SEC.

    Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Linde in the 4th quarter valued at $3,066,825,000. Private Advisor Group LLC grew its holdings in shares of Linde by 104.2% during the 4th quarter. Private Advisor Group LLC now owns 18,679 shares of the basic materials company’s stock worth $7,672,000 after purchasing an additional 468,415 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Linde by 33,201.7% during the 4th quarter. International Assets Investment Management LLC now owns 411,942 shares of the basic materials company’s stock worth $169,189,000 after purchasing an additional 410,705 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in shares of Linde during the 1st quarter worth $171,607,000. Finally, California Public Employees Retirement System grew its holdings in shares of Linde by 37.2% during the 4th quarter. California Public Employees Retirement System now owns 1,282,518 shares of the basic materials company’s stock worth $526,743,000 after purchasing an additional 347,531 shares in the last quarter. Institutional investors own 82.80% of the company’s stock.

    Analysts Set New Price Targets

    Several analysts have recently issued reports on LIN shares. Mizuho increased their target price on Linde from $510.00 to $512.00 and gave the stock a “buy” rating in a report on Friday, May 3rd. Wells Fargo & Company raised their price objective on Linde from $480.00 to $540.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Citigroup lowered Linde from a “buy” rating to a “neutral” rating and raised their price objective for the company from $475.00 to $500.00 in a research note on Wednesday, April 10th. HSBC reduced their price objective on Linde from $458.00 to $452.00 and set a “buy” rating on the stock in a research note on Monday, May 6th. Finally, Wolfe Research assumed coverage on Linde in a research report on Friday, March 1st. They issued a “peer perform” rating for the company. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Linde has an average rating of “Moderate Buy” and a consensus price target of $468.83.

    Check Out Our Latest Stock Analysis on LIN

    Linde Price Performance

    Shares of LIN opened at $441.17 on Wednesday. Linde plc has a 1 year low of $358.37 and a 1 year high of $477.71. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.91 and a quick ratio of 0.76. The company has a market capitalization of $212.06 billion, a price-to-earnings ratio of 34.23, a price-to-earnings-growth ratio of 2.78 and a beta of 0.95. The business has a 50-day moving average of $436.15 and a 200-day moving average of $433.57.

    Linde (NASDAQ:LINGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The basic materials company reported $3.75 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.07. Linde had a return on equity of 17.49% and a net margin of 19.26%. The firm had revenue of $8.10 billion during the quarter, compared to analysts’ expectations of $8.38 billion. During the same quarter last year, the firm posted $3.42 earnings per share. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Linde plc will post 15.51 earnings per share for the current year.

    Linde Dividend Announcement

    The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were paid a $1.39 dividend. The ex-dividend date was Tuesday, June 4th. This represents a $5.56 dividend on an annualized basis and a yield of 1.26%. Linde’s dividend payout ratio (DPR) is presently 43.13%.

    Linde Company Profile

    (Free Report)

    Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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    Institutional Ownership by Quarter for Linde (NASDAQ:LIN)

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  • Steph & Co. Has $703,000 Stake in Cisco Systems, Inc. (NASDAQ:CSCO)

    Steph & Co. Has $703,000 Stake in Cisco Systems, Inc. (NASDAQ:CSCO)

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    Steph & Co. boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 6.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,077 shares of the network equipment provider’s stock after acquiring an additional 873 shares during the period. Steph & Co.’s holdings in Cisco Systems were worth $703,000 at the end of the most recent quarter.

    Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valued Wealth Advisors LLC bought a new stake in shares of Cisco Systems during the fourth quarter valued at approximately $32,000. Delos Wealth Advisors LLC boosted its stake in Cisco Systems by 1,666.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 636 shares of the network equipment provider’s stock valued at $32,000 after acquiring an additional 600 shares during the last quarter. DiNuzzo Private Wealth Inc. bought a new position in Cisco Systems in the fourth quarter valued at approximately $33,000. Morton Brown Family Wealth LLC boosted its stake in Cisco Systems by 41.9% in the fourth quarter. Morton Brown Family Wealth LLC now owns 704 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 208 shares during the last quarter. Finally, Bourgeon Capital Management LLC boosted its stake in Cisco Systems by 3,500.0% in the fourth quarter. Bourgeon Capital Management LLC now owns 720 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 700 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

    Cisco Systems Trading Up 0.5 %

    Cisco Systems stock traded up $0.24 during mid-day trading on Monday, reaching $47.53. 3,814,433 shares of the company traded hands, compared to its average volume of 19,689,031. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.89 and a quick ratio of 0.82. The firm’s 50 day moving average price is $47.14 and its 200 day moving average price is $48.84. The firm has a market capitalization of $191.49 billion, a price-to-earnings ratio of 16.05, a P/E/G ratio of 2.71 and a beta of 0.85. Cisco Systems, Inc. has a 52-week low of $44.95 and a 52-week high of $58.19.

    Cisco Systems (NASDAQ:CSCOGet Free Report) last released its earnings results on Wednesday, May 15th. The network equipment provider reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.18. The firm had revenue of $12.70 billion for the quarter, compared to the consensus estimate of $12.53 billion. Cisco Systems had a net margin of 21.88% and a return on equity of 30.82%. The company’s revenue was down 12.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 3.14 earnings per share for the current fiscal year.

    Cisco Systems Dividend Announcement

    The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Friday, July 5th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.37%. The ex-dividend date is Friday, July 5th. Cisco Systems’s dividend payout ratio is currently 53.87%.

    Insider Buying and Selling at Cisco Systems

    In other news, EVP Deborah L. Stahlkopf sold 8,016 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $48.24, for a total transaction of $386,691.84. Following the completion of the sale, the executive vice president now owns 180,705 shares of the company’s stock, valued at approximately $8,717,209.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Deborah L. Stahlkopf sold 8,016 shares of the company’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $48.24, for a total transaction of $386,691.84. Following the completion of the sale, the executive vice president now owns 180,705 shares of the company’s stock, valued at approximately $8,717,209.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles Robbins sold 26,331 shares of the stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $46.10, for a total transaction of $1,213,859.10. Following the completion of the sale, the chief executive officer now directly owns 725,363 shares of the company’s stock, valued at $33,439,234.30. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,106 shares of company stock worth $1,908,923. Company insiders own 0.02% of the company’s stock.

    Analysts Set New Price Targets

    A number of equities analysts have recently weighed in on CSCO shares. Piper Sandler reissued a “neutral” rating and set a $52.00 price target on shares of Cisco Systems in a research report on Wednesday, June 5th. BNP Paribas raised shares of Cisco Systems from an “underperform” rating to a “neutral” rating and set a $50.00 price objective on the stock in a research report on Monday, May 13th. Wells Fargo & Company lifted their price target on shares of Cisco Systems from $52.00 to $57.00 and gave the company an “equal weight” rating in a research note on Thursday, May 16th. Bank of America upgraded shares of Cisco Systems from a “neutral” rating to a “buy” rating and lifted their price target for the company from $55.00 to $60.00 in a research note on Monday, April 15th. Finally, Barclays lifted their price target on shares of Cisco Systems from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Friday, May 17th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $56.47.

    Get Our Latest Stock Analysis on Cisco Systems

    Cisco Systems Profile

    (Free Report)

    Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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    Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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

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

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

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

    Waste Management Stock Performance

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

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

    Waste Management Announces Dividend

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

    Analysts Set New Price Targets

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

    Read Our Latest Stock Analysis on WM

    Insider Transactions at Waste Management

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

    Waste Management Company Profile

    (Free Report)

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

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

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  • Ables Iannone Moore & Associates Inc. Takes Position in Cisco Systems, Inc. (NASDAQ:CSCO)

    Ables Iannone Moore & Associates Inc. Takes Position in Cisco Systems, Inc. (NASDAQ:CSCO)

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    Ables Iannone Moore & Associates Inc. acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,319 shares of the network equipment provider’s stock, valued at approximately $117,000.

    Several other large investors also recently made changes to their positions in CSCO. Charles Schwab Investment Management Inc. grew its holdings in Cisco Systems by 9.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 73,439,747 shares of the network equipment provider’s stock valued at $3,672,445,000 after purchasing an additional 6,345,954 shares during the last quarter. Northern Trust Corp grew its holdings in Cisco Systems by 3.8% during the third quarter. Northern Trust Corp now owns 50,549,422 shares of the network equipment provider’s stock valued at $2,717,537,000 after purchasing an additional 1,847,682 shares during the last quarter. Norges Bank acquired a new position in Cisco Systems during the fourth quarter valued at approximately $2,528,939,000. Wellington Management Group LLP grew its stake in shares of Cisco Systems by 7.6% in the fourth quarter. Wellington Management Group LLP now owns 47,195,836 shares of the network equipment provider’s stock worth $2,384,334,000 after acquiring an additional 3,314,330 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in shares of Cisco Systems by 12.3% in the fourth quarter. First Trust Advisors LP now owns 24,941,271 shares of the network equipment provider’s stock worth $1,260,033,000 after acquiring an additional 2,723,260 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

    Cisco Systems Trading Up 0.0 %

    NASDAQ CSCO opened at $45.69 on Tuesday. Cisco Systems, Inc. has a 52 week low of $44.95 and a 52 week high of $58.19. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.82 and a current ratio of 0.89. The stock’s 50 day moving average price is $47.36 and its two-hundred day moving average price is $48.89. The stock has a market capitalization of $184.08 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 2.65 and a beta of 0.86.

    Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings data on Wednesday, May 15th. The network equipment provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.70 by $0.18. The company had revenue of $12.70 billion during the quarter, compared to the consensus estimate of $12.53 billion. Cisco Systems had a return on equity of 30.82% and a net margin of 21.88%. The firm’s revenue for the quarter was down 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.88 EPS. As a group, analysts anticipate that Cisco Systems, Inc. will post 3.14 earnings per share for the current fiscal year.

    Cisco Systems Announces Dividend

    The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 24th. Shareholders of record on Friday, July 5th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Friday, July 5th. Cisco Systems’s payout ratio is 53.87%.

    Insiders Place Their Bets

    In related news, SVP Maria Victoria Wong sold 3,378 shares of the firm’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $45.89, for a total value of $155,016.42. Following the transaction, the senior vice president now owns 52,953 shares in the company, valued at $2,430,013.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Charles Robbins sold 26,331 shares of Cisco Systems stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $46.10, for a total value of $1,213,859.10. Following the transaction, the chief executive officer now directly owns 725,363 shares of the company’s stock, valued at $33,439,234.30. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 3,378 shares of Cisco Systems stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $45.89, for a total value of $155,016.42. Following the completion of the sale, the senior vice president now owns 52,953 shares of the company’s stock, valued at $2,430,013.17. The disclosure for this sale can be found here. Insiders have sold 41,106 shares of company stock worth $1,908,923 in the last 90 days. Company insiders own 0.02% of the company’s stock.

    Analyst Ratings Changes

    CSCO has been the topic of several research analyst reports. Barclays raised their price objective on shares of Cisco Systems from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, May 17th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Cisco Systems from $51.00 to $52.00 and gave the stock a “hold” rating in a research note on Tuesday, April 9th. Needham & Company LLC reiterated a “hold” rating on shares of Cisco Systems in a research note on Monday, June 10th. Piper Sandler reiterated a “neutral” rating and set a $52.00 price target on shares of Cisco Systems in a research note on Wednesday, June 5th. Finally, Bank of America raised Cisco Systems from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $55.00 to $60.00 in a report on Monday, April 15th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of “Hold” and an average target price of $56.47.

    View Our Latest Stock Report on Cisco Systems

    About Cisco Systems

    (Free Report)

    Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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