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Tag: Institutional Investor Holdings

  • Retirement Guys Formula LLC Has $1.12 Million Stake in Alphabet Inc. (NASDAQ:GOOG)

    Retirement Guys Formula LLC Has $1.12 Million Stake in Alphabet Inc. (NASDAQ:GOOG)

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    Retirement Guys Formula LLC grew its position in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 11.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,945 shares of the information services provider’s stock after purchasing an additional 827 shares during the quarter. Retirement Guys Formula LLC’s holdings in Alphabet were worth $1,120,000 at the end of the most recent reporting period.

    Other hedge funds and other institutional investors also recently made changes to their positions in the company. Totem Point Management LLC lifted its stake in Alphabet by 22.0% during the first quarter. Totem Point Management LLC now owns 3,171 shares of the information services provider’s stock worth $8,857,000 after purchasing an additional 571 shares during the last quarter. Somerville Kurt F raised its holdings in shares of Alphabet by 10.3% during the 1st quarter. Somerville Kurt F now owns 118 shares of the information services provider’s stock worth $330,000 after buying an additional 11 shares in the last quarter. BCK Partners Inc. bought a new stake in shares of Alphabet during the 1st quarter worth $2,564,000. Hall Capital Management Co. Inc. boosted its stake in Alphabet by 53.2% in the first quarter. Hall Capital Management Co. Inc. now owns 144 shares of the information services provider’s stock valued at $402,000 after buying an additional 50 shares in the last quarter. Finally, Fairfield Bush & CO. raised its stake in Alphabet by 6.8% during the first quarter. Fairfield Bush & CO. now owns 3,370 shares of the information services provider’s stock worth $9,412,000 after acquiring an additional 214 shares in the last quarter. 27.26% of the stock is currently owned by institutional investors and hedge funds.

    Wall Street Analysts Forecast Growth

    Several equities research analysts recently issued reports on the stock. Susquehanna lifted their price target on shares of Alphabet from $150.00 to $170.00 and gave the company a “positive” rating in a report on Wednesday, January 31st. Raymond James increased their price target on Alphabet from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alphabet presently has a consensus rating of “Buy” and an average target price of $146.33.

    Read Our Latest Stock Analysis on GOOG

    Alphabet Stock Performance

    Shares of GOOG stock opened at $155.87 on Wednesday. The business’s 50-day moving average price is $145.15 and its 200-day moving average price is $139.74. Alphabet Inc. has a 12 month low of $102.38 and a 12 month high of $157.00. The firm has a market capitalization of $1.94 trillion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.41 and a beta of 1.05. The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 0.05.

    Alphabet (NASDAQ:GOOG – Get Free Report) last announced its quarterly earnings results on Tuesday, January 30th. The information services provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. Alphabet had a return on equity of 27.22% and a net margin of 24.01%. The firm had revenue of $86.31 billion for the quarter, compared to analyst estimates of $85.28 billion. During the same period last year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was up 13.5% on a year-over-year basis. Equities research analysts forecast that Alphabet Inc. will post 6.77 EPS for the current year.

    Insider Buying and Selling

    In related news, SVP Prabhakar Raghavan sold 3,258 shares of Alphabet stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $155.97, for a total value of $508,150.26. Following the transaction, the senior vice president now directly owns 144,685 shares of the company’s stock, valued at $22,566,519.45. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CAO Amie Thuener O’toole sold 682 shares of Alphabet stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $154.79, for a total value of $105,566.78. Following the transaction, the chief accounting officer now directly owns 29,284 shares of the company’s stock, valued at $4,532,870.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Prabhakar Raghavan sold 3,258 shares of Alphabet stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $155.97, for a total value of $508,150.26. Following the completion of the sale, the senior vice president now owns 144,685 shares of the company’s stock, valued at $22,566,519.45. The disclosure for this sale can be found here. Insiders have sold a total of 228,239 shares of company stock valued at $32,432,382 over the last ninety days. 12.99% of the stock is owned by company insiders.

    Alphabet 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.

    Further Reading

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

    Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

    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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  • Bellecapital International Ltd. Grows Stock Holdings in Pfizer Inc. (NYSE:PFE)

    Bellecapital International Ltd. Grows Stock Holdings in Pfizer Inc. (NYSE:PFE)

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    Bellecapital International Ltd. raised its holdings in shares of Pfizer Inc. (NYSE:PFE – Free Report) by 41.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,123 shares of the biopharmaceutical company’s stock after acquiring an additional 13,491 shares during the period. Bellecapital International Ltd.’s holdings in Pfizer were worth $1,328,000 as of its most recent filing with the Securities and Exchange Commission.

    A number of other hedge funds and other institutional investors have also recently modified their holdings of PFE. Moneta Group Investment Advisors LLC increased its stake in shares of Pfizer by 89,592.7% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 161,143,638 shares of the biopharmaceutical company’s stock worth $8,257,000,000 after purchasing an additional 160,963,976 shares in the last quarter. Norges Bank purchased a new stake in shares of Pfizer in the fourth quarter worth $3,150,472,000. Charles Schwab Investment Management Inc. increased its stake in shares of Pfizer by 10.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 95,772,746 shares of the biopharmaceutical company’s stock worth $3,161,261,000 after purchasing an additional 9,393,992 shares in the last quarter. Morgan Stanley increased its stake in shares of Pfizer by 10.3% in the fourth quarter. Morgan Stanley now owns 79,499,361 shares of the biopharmaceutical company’s stock worth $4,073,547,000 after purchasing an additional 7,419,929 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Pfizer during the first quarter worth $311,238,000. 68.36% of the stock is owned by hedge funds and other institutional investors.

    Pfizer Price Performance

    Pfizer stock opened at $27.75 on Monday. The stock has a market cap of $157.14 billion, a price-to-earnings ratio of 77.08, a price-to-earnings-growth ratio of 1.24 and a beta of 0.61. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.91 and a quick ratio of 0.69. Pfizer Inc. has a 1 year low of $25.61 and a 1 year high of $42.22. The firm has a 50-day moving average of $27.44 and a two-hundred day moving average of $29.37.

    Pfizer (NYSE:PFE – Get Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The biopharmaceutical company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.19) by $0.29. Pfizer had a net margin of 3.62% and a return on equity of 10.88%. The business had revenue of $14.25 billion during the quarter, compared to analyst estimates of $14.37 billion. During the same quarter in the previous year, the business posted $1.14 EPS. The company’s quarterly revenue was down 41.3% compared to the same quarter last year. On average, research analysts forecast that Pfizer Inc. will post 2.22 earnings per share for the current year.

    Wall Street Analyst Weigh In

    A number of brokerages have issued reports on PFE. Guggenheim began coverage on shares of Pfizer in a report on Friday, February 23rd. They issued a “buy” rating and a $36.00 price target on the stock. UBS Group reduced their price target on shares of Pfizer from $34.00 to $27.00 and set a “neutral” rating on the stock in a report on Thursday, December 14th. TD Cowen downgraded shares of Pfizer from an “outperform” rating to a “market perform” rating and set a $32.00 price target on the stock. in a report on Thursday, January 4th. Truist Financial reduced their price target on shares of Pfizer from $42.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, December 14th. Finally, Argus downgraded shares of Pfizer from a “buy” rating to a “hold” rating in a report on Friday, March 22nd. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $36.88.

    View Our Latest Analysis on Pfizer

    About Pfizer

    (Free Report)

    Pfizer Inc discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women’s health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.

    Featured Stories

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

    Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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

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  • Ritholtz Wealth Management Acquires 2,242 Shares of Manhattan Associates, Inc. (NASDAQ:MANH)

    Ritholtz Wealth Management Acquires 2,242 Shares of Manhattan Associates, Inc. (NASDAQ:MANH)

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    Ritholtz Wealth Management lifted its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) by 180.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,484 shares of the software maker’s stock after acquiring an additional 2,242 shares during the quarter. Ritholtz Wealth Management’s holdings in Manhattan Associates were worth $750,000 as of its most recent SEC filing.

    A number of other institutional investors have also made changes to their positions in the business. ST Germain D J Co. Inc. acquired a new position in shares of Manhattan Associates in the second quarter valued at $44,000. UMB Bank n.a. grew its stake in Manhattan Associates by 474.4% in the 3rd quarter. UMB Bank n.a. now owns 224 shares of the software maker’s stock valued at $44,000 after buying an additional 185 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in Manhattan Associates in the 2nd quarter valued at about $36,000. First Capital Advisors Group LLC. acquired a new stake in Manhattan Associates during the second quarter worth approximately $65,000. Finally, Compass Wealth Management LLC bought a new stake in shares of Manhattan Associates during the fourth quarter worth approximately $42,000. 98.45% of the stock is owned by institutional investors and hedge funds.

    Insider Buying and Selling at Manhattan Associates

    In other news, EVP James Stewart Gantt sold 680 shares of the stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $248.84, for a total value of $169,211.20. Following the completion of the transaction, the executive vice president now directly owns 57,093 shares in the company, valued at approximately $14,207,022.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP James Stewart Gantt sold 680 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $248.84, for a total value of $169,211.20. Following the completion of the transaction, the executive vice president now owns 57,093 shares of the company’s stock, valued at $14,207,022.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Eddie Capel sold 10,897 shares of Manhattan Associates stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $247.73, for a total transaction of $2,699,513.81. Following the sale, the chief executive officer now owns 242,153 shares in the company, valued at $59,988,562.69. The disclosure for this sale can be found here. Company insiders own 0.85% of the company’s stock.

    Wall Street Analyst Weigh In

    MANH has been the subject of several research reports. Rosenblatt Securities lifted their price target on Manhattan Associates from $215.00 to $225.00 and gave the stock a “neutral” rating in a report on Wednesday, January 31st. StockNews.com upgraded shares of Manhattan Associates from a “hold” rating to a “buy” rating in a research note on Friday, December 15th. Citigroup started coverage on shares of Manhattan Associates in a research report on Wednesday, March 13th. They issued a “neutral” rating and a $260.00 price target for the company. Truist Financial increased their price target on Manhattan Associates from $240.00 to $260.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Finally, Raymond James upped their target price on Manhattan Associates from $214.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Manhattan Associates presently has an average rating of “Moderate Buy” and a consensus price target of $231.29.

    Check Out Our Latest Research Report on MANH

    Manhattan Associates Stock Performance

    Shares of MANH opened at $250.23 on Friday. Manhattan Associates, Inc. has a 52-week low of $149.04 and a 52-week high of $266.94. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 88.73 and a beta of 1.44. The business’s fifty day moving average is $246.09 and its 200-day moving average is $222.34.

    Manhattan Associates (NASDAQ:MANH – Get Free Report) last issued its earnings results on Tuesday, January 30th. The software maker reported $0.78 EPS for the quarter, topping the consensus estimate of $0.55 by $0.23. Manhattan Associates had a return on equity of 84.08% and a net margin of 19.01%. The firm had revenue of $238.26 million during the quarter, compared to the consensus estimate of $223.99 million. As a group, research analysts forecast that Manhattan Associates, Inc. will post 2.78 EPS for the current fiscal year.

    About Manhattan Associates

    (Free Report)

    Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.

    Featured Articles

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

    Institutional Ownership by Quarter for Manhattan Associates (NASDAQ:MANH)

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

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  • JPMorgan Chase & Co. (NYSE:JPM) Position Reduced by Kozak & Associates Inc.

    JPMorgan Chase & Co. (NYSE:JPM) Position Reduced by Kozak & Associates Inc.

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    Kozak & Associates Inc. decreased its position in shares of JPMorgan Chase & Co. (NYSE:JPM) by 10.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 8,242 shares of the financial services provider’s stock after selling 994 shares during the quarter. JPMorgan Chase & Co. accounts for 0.4% of Kozak & Associates Inc.’s investment portfolio, making the stock its 16th biggest holding. Kozak & Associates Inc.’s holdings in JPMorgan Chase & Co. were worth $1,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    Other hedge funds have also recently added to or reduced their stakes in the company. Curbstone Financial Management Corp boosted its stake in JPMorgan Chase & Co. by 0.3% in the fourth quarter. Curbstone Financial Management Corp now owns 23,930 shares of the financial services provider’s stock valued at $4,070,000 after acquiring an additional 60 shares during the last quarter. Grey Street Capital LLC boosted its stake in JPMorgan Chase & Co. by 0.9% in the fourth quarter. Grey Street Capital LLC now owns 6,994 shares of the financial services provider’s stock valued at $1,190,000 after acquiring an additional 60 shares during the last quarter. Sendero Wealth Management LLC boosted its stake in JPMorgan Chase & Co. by 1.1% in the fourth quarter. Sendero Wealth Management LLC now owns 5,811 shares of the financial services provider’s stock valued at $988,000 after acquiring an additional 62 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in JPMorgan Chase & Co. by 0.8% in the third quarter. Raleigh Capital Management Inc. now owns 8,151 shares of the financial services provider’s stock valued at $1,182,000 after acquiring an additional 64 shares during the last quarter. Finally, Affinity Wealth Management LLC boosted its stake in JPMorgan Chase & Co. by 0.4% in the second quarter. Affinity Wealth Management LLC now owns 19,082 shares of the financial services provider’s stock valued at $2,775,000 after acquiring an additional 68 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.

    Analyst Upgrades and Downgrades

    JPM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and raised their price objective for the company from $140.00 to $190.00 in a research note on Tuesday, January 9th. Royal Bank of Canada reissued an “outperform” rating and set a $185.00 price target on shares of JPMorgan Chase & Co. in a research report on Wednesday, March 20th. The Goldman Sachs Group reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Thursday, February 1st. Barclays lifted their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Finally, BMO Capital Markets lifted their price target on shares of JPMorgan Chase & Co. from $192.00 to $194.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $181.63.

    View Our Latest Research Report on JPM

    Insider Transactions at JPMorgan Chase & Co.

    In related news, Vice Chairman Peter Scher sold 1,812 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $166.65, for a total transaction of $301,969.80. Following the completion of the sale, the insider now owns 46,766 shares of the company’s stock, valued at approximately $7,793,553.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other JPMorgan Chase & Co. news, Vice Chairman Peter Scher sold 1,812 shares of the business’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $166.65, for a total value of $301,969.80. Following the completion of the sale, the insider now owns 46,766 shares of the company’s stock, valued at approximately $7,793,553.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer Piepszak sold 1,648 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $178.96, for a total transaction of $294,926.08. Following the completion of the transaction, the chief executive officer now owns 32,819 shares of the company’s stock, valued at $5,873,288.24. The disclosure for this sale can be found here. Insiders have sold 849,303 shares of company stock worth $155,107,447 in the last ninety days. Insiders own 0.79% of the company’s stock.

    JPMorgan Chase & Co. Trading Up 0.4 %

    Shares of NYSE:JPM opened at $200.29 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.30. JPMorgan Chase & Co. has a 12 month low of $126.22 and a 12 month high of $200.72. The company’s fifty day simple moving average is $182.22 and its 200 day simple moving average is $163.62. The firm has a market cap of $576.91 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 2.49 and a beta of 1.14.

    JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings results on Friday, January 12th. The financial services provider reported $3.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.73 by ($0.69). JPMorgan Chase & Co. had a net margin of 20.70% and a return on equity of 17.80%. The business had revenue of $38.57 billion during the quarter, compared to analyst estimates of $39.73 billion. During the same quarter in the previous year, the firm posted $3.57 earnings per share. The firm’s quarterly revenue was up 11.7% on a year-over-year basis. As a group, research analysts forecast that JPMorgan Chase & Co. will post 15.75 EPS for the current fiscal year.

    JPMorgan Chase & Co. Increases Dividend

    The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th will be paid a dividend of $1.15 per share. The ex-dividend date is Thursday, April 4th. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. This represents a $4.60 annualized dividend and a dividend yield of 2.30%. JPMorgan Chase & Co.’s payout ratio is currently 25.89%.

    JPMorgan Chase & Co. Profile

    (Free Report)

    JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

    Further Reading

    Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

    Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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

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  • B & T Capital Management DBA Alpha Capital Management Has $8.18 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

    B & T Capital Management DBA Alpha Capital Management Has $8.18 Million Holdings in JPMorgan Chase & Co. (NYSE:JPM)

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    B & T Capital Management DBA Alpha Capital Management cut its position in JPMorgan Chase & Co. (NYSE:JPM) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,060 shares of the financial services provider’s stock after selling 367 shares during the period. JPMorgan Chase & Co. accounts for about 1.7% of B & T Capital Management DBA Alpha Capital Management’s investment portfolio, making the stock its 16th biggest position. B & T Capital Management DBA Alpha Capital Management’s holdings in JPMorgan Chase & Co. were worth $8,175,000 at the end of the most recent reporting period.

    A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC lifted its position in shares of JPMorgan Chase & Co. by 105,652.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 98,000,567 shares of the financial services provider’s stock worth $13,141,876,000 after purchasing an additional 97,907,897 shares in the last quarter. Norges Bank acquired a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $3,894,646,000. Morgan Stanley raised its stake in shares of JPMorgan Chase & Co. by 15.9% during the fourth quarter. Morgan Stanley now owns 59,049,256 shares of the financial services provider’s stock worth $7,918,506,000 after buying an additional 8,088,433 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of JPMorgan Chase & Co. by 12.2% during the third quarter. Wellington Management Group LLP now owns 42,421,711 shares of the financial services provider’s stock worth $6,151,997,000 after buying an additional 4,603,090 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of JPMorgan Chase & Co. by 51.6% during the second quarter. Barclays PLC now owns 8,422,975 shares of the financial services provider’s stock worth $1,225,037,000 after buying an additional 2,868,091 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

    Insider Buying and Selling at JPMorgan Chase & Co.

    In other news, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $166.73, for a total transaction of $561,546.64. Following the completion of the sale, the insider now owns 205,461 shares in the company, valued at approximately $34,256,512.53. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Ashley Bacon sold 3,368 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $166.73, for a total transaction of $561,546.64. Following the completion of the sale, the insider now owns 205,461 shares in the company, valued at approximately $34,256,512.53. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Lori A. Beer sold 3,920 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $182.74, for a total transaction of $716,340.80. Following the sale, the insider now owns 44,996 shares of the company’s stock, valued at approximately $8,222,569.04. The disclosure for this sale can be found here. Insiders sold a total of 845,383 shares of company stock worth $154,341,636 over the last quarter. 0.79% of the stock is currently owned by insiders.

    Analyst Upgrades and Downgrades

    JPM has been the subject of a number of recent research reports. Bank of America boosted their price target on shares of JPMorgan Chase & Co. from $177.00 to $188.00 and gave the stock a “buy” rating in a research note on Thursday, January 4th. Morgan Stanley boosted their price target on shares of JPMorgan Chase & Co. from $191.00 to $221.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 30th. Barclays boosted their price target on shares of JPMorgan Chase & Co. from $186.00 to $212.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Oppenheimer dropped their price target on shares of JPMorgan Chase & Co. from $238.00 to $219.00 and set an “outperform” rating for the company in a research note on Tuesday, March 19th. Finally, Deutsche Bank Aktiengesellschaft raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and boosted their price target for the stock from $140.00 to $190.00 in a research note on Tuesday, January 9th. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $181.63.

    Get Our Latest Analysis on JPMorgan Chase & Co.

    JPMorgan Chase & Co. Stock Performance

    Shares of JPM opened at $195.83 on Wednesday. JPMorgan Chase & Co. has a 12 month low of $126.22 and a 12 month high of $200.48. The firm has a fifty day simple moving average of $181.02 and a 200 day simple moving average of $163.00. The stock has a market capitalization of $564.06 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 2.48 and a beta of 1.14. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.30.

    JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its earnings results on Friday, January 12th. The financial services provider reported $3.04 EPS for the quarter, missing the consensus estimate of $3.73 by ($0.69). JPMorgan Chase & Co. had a return on equity of 17.80% and a net margin of 20.70%. The business had revenue of $38.57 billion for the quarter, compared to analyst estimates of $39.73 billion. During the same quarter in the previous year, the company posted $3.57 EPS. The business’s revenue for the quarter was up 11.7% compared to the same quarter last year. Research analysts forecast that JPMorgan Chase & Co. will post 15.84 EPS for the current fiscal year.

    JPMorgan Chase & Co. Increases Dividend

    The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 5th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Thursday, April 4th. This represents a $4.60 dividend on an annualized basis and a yield of 2.35%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 25.89%.

    About JPMorgan Chase & Co.

    (Free Report)

    JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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    Institutional Ownership by Quarter for JPMorgan Chase & Co. (NYSE:JPM)

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  • Magnolia Capital Management Ltd. Buys 1,015 Shares of Alphabet Inc. (NASDAQ:GOOG)

    Magnolia Capital Management Ltd. Buys 1,015 Shares of Alphabet Inc. (NASDAQ:GOOG)

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    Magnolia Capital Management Ltd. raised its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 6.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,390 shares of the information services provider’s stock after purchasing an additional 1,015 shares during the quarter. Alphabet accounts for 2.1% of Magnolia Capital Management Ltd.’s portfolio, making the stock its 10th largest holding. Magnolia Capital Management Ltd.’s holdings in Alphabet were worth $2,310,000 as of its most recent SEC filing.

    Several other institutional investors and hedge funds have also modified their holdings of GOOG. Moneta Group Investment Advisors LLC lifted its holdings in Alphabet by 61,587.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 130,046,253 shares of the information services provider’s stock worth $11,539,004,000 after buying an additional 129,835,437 shares in the last quarter. FMR LLC lifted its holdings in Alphabet by 3.8% during the 3rd quarter. FMR LLC now owns 120,234,117 shares of the information services provider’s stock worth $15,852,868,000 after buying an additional 4,348,188 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Alphabet by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,941,129 shares of the information services provider’s stock worth $12,649,838,000 after buying an additional 9,703,425 shares in the last quarter. Morgan Stanley lifted its holdings in Alphabet by 37.6% during the 4th quarter. Morgan Stanley now owns 71,779,112 shares of the information services provider’s stock worth $6,368,961,000 after buying an additional 19,612,974 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Alphabet by 2.3% during the 3rd quarter. Northern Trust Corp now owns 57,269,184 shares of the information services provider’s stock worth $7,550,942,000 after buying an additional 1,275,060 shares in the last quarter. 27.26% of the stock is owned by institutional investors and hedge funds.

    Analyst Ratings Changes

    Several research analysts have issued reports on GOOG shares. Susquehanna upped their price objective on Alphabet from $150.00 to $170.00 and gave the stock a “positive” rating in a report on Wednesday, January 31st. Raymond James upped their price objective on Alphabet from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Alphabet currently has an average rating of “Buy” and an average price target of $146.33.

    Read Our Latest Report on GOOG

    Alphabet Stock Performance

    Shares of Alphabet stock opened at $151.77 on Monday. The firm has a fifty day moving average of $144.27 and a two-hundred day moving average of $139.09. The stock has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 26.17, a PEG ratio of 1.40 and a beta of 1.05. Alphabet Inc. has a 52 week low of $100.28 and a 52 week high of $155.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.10 and a current ratio of 2.10.

    Alphabet (NASDAQ:GOOG – Get Free Report) last issued its earnings results on Tuesday, January 30th. The information services provider reported $1.64 EPS for the quarter, beating the consensus estimate of $1.60 by $0.04. Alphabet had a net margin of 24.01% and a return on equity of 27.22%. The company had revenue of $86.31 billion during the quarter, compared to analysts’ expectations of $85.28 billion. During the same quarter in the previous year, the company posted $1.05 EPS. The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. As a group, equities research analysts predict that Alphabet Inc. will post 6.77 EPS for the current year.

    Insider Activity at Alphabet

    In related news, CFO Ruth Porat sold 48,077 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the completion of the sale, the chief financial officer now owns 1,777,106 shares in the company, valued at approximately $243,854,485.32. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, CFO Ruth Porat sold 48,077 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the completion of the sale, the chief financial officer now owns 1,777,106 shares in the company, valued at approximately $243,854,485.32. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sundar Pichai sold 22,500 shares of the company’s stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $148.78, for a total transaction of $3,347,550.00. Following the completion of the sale, the chief executive officer now owns 2,310,191 shares of the company’s stock, valued at approximately $343,710,216.98. The disclosure for this sale can be found here. Insiders sold a total of 279,659 shares of company stock worth $39,460,310 in the last quarter. Corporate insiders own 12.99% of the company’s stock.

    Alphabet 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:GOOG)

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  • Bank of America Co. (NYSE:BAC) Shares Sold by CX Institutional

    Bank of America Co. (NYSE:BAC) Shares Sold by CX Institutional

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    CX Institutional lessened its stake in Bank of America Co. (NYSE:BAC) by 48.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,925 shares of the financial services provider’s stock after selling 18,101 shares during the quarter. CX Institutional’s holdings in Bank of America were worth $637,000 as of its most recent filing with the SEC.

    Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Adams Asset Advisors LLC raised its position in shares of Bank of America by 3.1% during the 4th quarter. Adams Asset Advisors LLC now owns 354,987 shares of the financial services provider’s stock valued at $11,952,000 after acquiring an additional 10,799 shares in the last quarter. First Bank & Trust raised its holdings in shares of Bank of America by 10.6% during the fourth quarter. First Bank & Trust now owns 8,474 shares of the financial services provider’s stock worth $285,000 after purchasing an additional 809 shares during the period. Redhawk Wealth Advisors Inc. acquired a new stake in Bank of America during the fourth quarter worth about $464,000. Sterling Group Wealth Management LLC acquired a new stake in Bank of America during the fourth quarter worth about $210,000. Finally, Advisor Resource Council raised its stake in Bank of America by 87.3% during the fourth quarter. Advisor Resource Council now owns 21,804 shares of the financial services provider’s stock worth $734,000 after acquiring an additional 10,164 shares during the period. Institutional investors and hedge funds own 68.06% of the company’s stock.

    Insider Buying and Selling at Bank of America

    In other Bank of America news, major shareholder Of America Corp /De/ Bank acquired 5,398 shares of Bank of America stock in a transaction that occurred on Wednesday, December 27th. The stock was acquired at an average price of $10.56 per share, with a total value of $57,002.88. Following the purchase, the insider now owns 5,398 shares in the company, valued at $57,002.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.27% of the company’s stock.

    Bank of America Trading Down 1.2 %

    Bank of America stock opened at $37.05 on Friday. The company has a 50 day moving average price of $34.17 and a 200 day moving average price of $31.10. Bank of America Co. has a 52 week low of $24.96 and a 52 week high of $37.61. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of $292.35 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 1.69 and a beta of 1.38.

    Bank of America (NYSE:BAC – Get Free Report) last announced its quarterly earnings data on Friday, January 12th. The financial services provider reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. The firm had revenue of $22 billion during the quarter, compared to analyst estimates of $23.70 billion. Bank of America had a return on equity of 11.38% and a net margin of 15.42%. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the company posted $0.85 EPS. Research analysts forecast that Bank of America Co. will post 3.12 EPS for the current year.

    Bank of America Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 1st will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, February 29th. Bank of America’s dividend payout ratio (DPR) is presently 31.27%.

    Wall Street Analysts Forecast Growth

    A number of brokerages have recently weighed in on BAC. Odeon Capital Group cut Bank of America from a “buy” rating to a “hold” rating and set a $33.90 price target on the stock. in a research report on Tuesday, January 16th. Morgan Stanley raised Bank of America from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $32.00 to $41.00 in a research report on Tuesday, January 30th. Barclays increased their price objective on shares of Bank of America from $39.00 to $43.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Citigroup increased their price objective on shares of Bank of America from $37.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, BMO Capital Markets dropped their price target on shares of Bank of America from $37.00 to $36.00 and set a “market perform” rating on the stock in a research note on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Bank of America presently has an average rating of “Moderate Buy” and an average price target of $35.65.

    Check Out Our Latest Research Report on Bank of America

    Bank of America Company Profile

    (Free Report)

    Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

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    Institutional Ownership by Quarter for Bank of America (NYSE:BAC)

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  • Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Dfpg Investments LLC

    Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Dfpg Investments LLC

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    Dfpg Investments LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 201,055 shares of the e-commerce giant’s stock after purchasing an additional 25,041 shares during the quarter. Amazon.com makes up approximately 2.3% of Dfpg Investments LLC’s portfolio, making the stock its 4th biggest position. Dfpg Investments LLC’s holdings in Amazon.com were worth $29,851,000 as of its most recent SEC filing.

    Several other institutional investors have also recently added to or reduced their stakes in the business. Meridian Investment Counsel Inc. lifted its stake in Amazon.com by 3.4% during the first quarter. Meridian Investment Counsel Inc. now owns 151 shares of the e-commerce giant’s stock worth $492,000 after purchasing an additional 5 shares during the last quarter. Alterna Wealth Management Inc. lifted its stake in Amazon.com by 1.8% during the first quarter. Alterna Wealth Management Inc. now owns 289 shares of the e-commerce giant’s stock worth $942,000 after purchasing an additional 5 shares during the last quarter. Fiduciary Planning LLC lifted its stake in Amazon.com by 1.5% during the first quarter. Fiduciary Planning LLC now owns 349 shares of the e-commerce giant’s stock worth $1,138,000 after purchasing an additional 5 shares during the last quarter. HBC Financial Services PLLC lifted its stake in Amazon.com by 0.8% during the first quarter. HBC Financial Services PLLC now owns 616 shares of the e-commerce giant’s stock worth $1,717,000 after purchasing an additional 5 shares during the last quarter. Finally, Archetype Wealth Partners lifted its stake in Amazon.com by 3.7% during the first quarter. Archetype Wealth Partners now owns 169 shares of the e-commerce giant’s stock worth $552,000 after purchasing an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 57.96% of the company’s stock.

    Amazon.com Stock Performance

    NASDAQ AMZN opened at $178.87 on Friday. The business’s 50-day moving average price is $168.24 and its 200 day moving average price is $150.01. The company has a market capitalization of $1.86 trillion, a PE ratio of 61.68, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a current ratio of 1.05, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. Amazon.com, Inc. has a twelve month low of $96.29 and a twelve month high of $181.41.

    Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The e-commerce giant reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.19. The company had revenue of $169.96 billion for the quarter, compared to the consensus estimate of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS. On average, research analysts predict that Amazon.com, Inc. will post 4.08 earnings per share for the current year.

    Insider Transactions at Amazon.com

    In other news, VP Shelley Reynolds sold 3,100 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $168.97, for a total value of $523,807.00. Following the transaction, the vice president now directly owns 119,780 shares in the company, valued at approximately $20,239,226.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Andrew R. Jassy sold 50,000 shares of the stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $180.00, for a total value of $9,000,000.00. Following the completion of the sale, the chief executive officer now owns 1,994,182 shares in the company, valued at $358,952,760. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Shelley Reynolds sold 3,100 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $168.97, for a total value of $523,807.00. Following the completion of the sale, the vice president now owns 119,780 shares of the company’s stock, valued at approximately $20,239,226.60. The disclosure for this sale can be found here. Insiders have sold a total of 32,210,010 shares of company stock worth $5,505,133,106 in the last three months. 12.30% of the stock is currently owned by company insiders.

    Analyst Ratings Changes

    A number of brokerages have weighed in on AMZN. Oppenheimer boosted their price objective on Amazon.com from $200.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. TD Cowen boosted their price objective on Amazon.com from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Monness Crespi & Hardt boosted their price objective on Amazon.com from $170.00 to $215.00 and gave the company a “buy” rating in a research note on Friday, February 2nd. Morgan Stanley boosted their price objective on Amazon.com from $185.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Finally, Wolfe Research boosted their price objective on Amazon.com from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a hold rating, forty-three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Amazon.com presently has an average rating of “Buy” and a consensus target price of $197.95.

    Check Out Our Latest Analysis on Amazon.com

    Amazon.com Company Profile

    (Free Report)

    Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

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    Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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  • Bruce G. Allen Investments LLC Takes Position in Altria Group, Inc. (NYSE:MO)

    Bruce G. Allen Investments LLC Takes Position in Altria Group, Inc. (NYSE:MO)

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    Bruce G. Allen Investments LLC acquired a new stake in Altria Group, Inc. (NYSE:MO – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 955 shares of the company’s stock, valued at approximately $39,000.

    Other hedge funds also recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its holdings in Altria Group by 108,222.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 18,590,308 shares of the company’s stock worth $849,763,000 after purchasing an additional 18,573,146 shares during the period. Capital World Investors grew its holdings in Altria Group by 8.5% during the second quarter. Capital World Investors now owns 96,401,945 shares of the company’s stock worth $4,367,008,000 after purchasing an additional 7,546,851 shares during the period. Barclays PLC grew its holdings in Altria Group by 84.1% during the second quarter. Barclays PLC now owns 5,426,522 shares of the company’s stock worth $245,823,000 after purchasing an additional 2,478,576 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Altria Group by 6.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 36,302,349 shares of the company’s stock worth $1,896,798,000 after purchasing an additional 2,178,596 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Altria Group by 54.1% during the third quarter. AQR Capital Management LLC now owns 4,710,670 shares of the company’s stock worth $198,084,000 after purchasing an additional 1,653,455 shares during the period. Institutional investors own 58.94% of the company’s stock.

    Altria Group Stock Up 0.3 %

    Shares of MO stock opened at $44.77 on Thursday. The firm has a 50 day moving average price of $41.09 and a two-hundred day moving average price of $41.53. The company has a market capitalization of $78.95 billion, a PE ratio of 9.80, a price-to-earnings-growth ratio of 2.69 and a beta of 0.65. Altria Group, Inc. has a 12-month low of $39.06 and a 12-month high of $48.04.

    Altria Group (NYSE:MO – Get Free Report) last issued its quarterly earnings data on Thursday, February 1st. The company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.01. Altria Group had a net margin of 33.21% and a negative return on equity of 244.55%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $5.06 billion. During the same period last year, the business posted $1.18 earnings per share. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. As a group, research analysts expect that Altria Group, Inc. will post 5.08 EPS for the current year.

    Altria Group announced that its board has authorized a share repurchase plan on Thursday, February 1st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

    Altria Group Dividend Announcement

    The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 25th will be given a $0.98 dividend. The ex-dividend date is Friday, March 22nd. This represents a $3.92 dividend on an annualized basis and a dividend yield of 8.76%. Altria Group’s payout ratio is 85.78%.

    Wall Street Analysts Forecast Growth

    A number of research firms recently commented on MO. StockNews.com cut Altria Group from a “buy” rating to a “hold” rating in a report on Friday, February 23rd. UBS Group reiterated a “sell” rating and set a $36.10 price target on shares of Altria Group in a report on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Altria Group presently has a consensus rating of “Hold” and a consensus price target of $47.22.

    View Our Latest Stock Analysis on Altria Group

    Altria Group Profile

    (Free Report)

    Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.

    Further Reading

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    Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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  • Wellington Management Group LLP Raises Stock Position in Pembina Pipeline Co. (NYSE:PBA)

    Wellington Management Group LLP Raises Stock Position in Pembina Pipeline Co. (NYSE:PBA)

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    Wellington Management Group LLP raised its stake in Pembina Pipeline Co. (NYSE:PBA – Free Report) (TSE:PPL) by 2.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,797,917 shares of the pipeline company’s stock after buying an additional 45,828 shares during the quarter. Wellington Management Group LLP’s holdings in Pembina Pipeline were worth $54,309,000 at the end of the most recent reporting period.

    Other hedge funds also recently added to or reduced their stakes in the company. Legal & General Group Plc increased its holdings in Pembina Pipeline by 3.8% in the third quarter. Legal & General Group Plc now owns 4,880,904 shares of the pipeline company’s stock valued at $147,430,000 after buying an additional 180,798 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Pembina Pipeline by 1.0% during the 3rd quarter. Deutsche Bank AG now owns 13,391,140 shares of the pipeline company’s stock worth $402,538,000 after purchasing an additional 131,487 shares in the last quarter. Natixis Advisors L.P. increased its stake in shares of Pembina Pipeline by 6.4% during the 3rd quarter. Natixis Advisors L.P. now owns 20,672 shares of the pipeline company’s stock worth $621,000 after purchasing an additional 1,237 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Pembina Pipeline by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,772,829 shares of the pipeline company’s stock worth $113,411,000 after purchasing an additional 147,222 shares in the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of Pembina Pipeline during the 3rd quarter worth approximately $963,000. 53.86% of the stock is owned by hedge funds and other institutional investors.

    Wall Street Analysts Forecast Growth

    A number of research analysts have recently weighed in on PBA shares. TheStreet raised shares of Pembina Pipeline from a “c” rating to a “b-” rating in a research note on Thursday, February 29th. StockNews.com cut shares of Pembina Pipeline from a “buy” rating to a “hold” rating in a research note on Tuesday, March 12th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Pembina Pipeline has an average rating of “Moderate Buy” and a consensus target price of $50.33.

    Read Our Latest Stock Analysis on Pembina Pipeline

    Pembina Pipeline Stock Up 0.3 %

    Shares of NYSE PBA opened at $35.01 on Wednesday. Pembina Pipeline Co. has a 1 year low of $28.15 and a 1 year high of $36.17. The firm’s 50 day moving average price is $34.42 and its 200 day moving average price is $32.81. The firm has a market cap of $19.24 billion, a P/E ratio of 15.84, a price-to-earnings-growth ratio of 5.15 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.71 and a current ratio of 0.82.

    Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last announced its quarterly earnings results on Thursday, February 22nd. The pipeline company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.34. Pembina Pipeline had a net margin of 19.43% and a return on equity of 13.11%. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.83 billion. As a group, sell-side analysts anticipate that Pembina Pipeline Co. will post 2.27 earnings per share for the current year.

    Pembina Pipeline Increases Dividend

    The company also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be paid a dividend of $0.4944 per share. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $1.98 annualized dividend and a yield of 5.65%. Pembina Pipeline’s payout ratio is 89.14%.

    About Pembina Pipeline

    (Free Report)

    Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.

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    Institutional Ownership by Quarter for Pembina Pipeline (NYSE:PBA)

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  • Stonebridge Capital Management Inc. Sells 8,650 Shares of Apple Inc. (NASDAQ:AAPL)

    Stonebridge Capital Management Inc. Sells 8,650 Shares of Apple Inc. (NASDAQ:AAPL)

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    Stonebridge Capital Management Inc. lessened its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 8.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,538 shares of the iPhone maker’s stock after selling 8,650 shares during the period. Apple comprises 9.0% of Stonebridge Capital Management Inc.’s investment portfolio, making the stock its biggest holding. Stonebridge Capital Management Inc.’s holdings in Apple were worth $16,528,000 as of its most recent SEC filing.

    A number of other institutional investors and hedge funds also recently made changes to their positions in the business. IFM Investors Pty Ltd grew its position in shares of Apple by 20.0% during the 1st quarter. IFM Investors Pty Ltd now owns 2,615,701 shares of the iPhone maker’s stock valued at $456,728,000 after acquiring an additional 435,891 shares during the period. Ironwood Wealth Management LLC. grew its position in shares of Apple by 0.4% during the 1st quarter. Ironwood Wealth Management LLC. now owns 240,628 shares of the iPhone maker’s stock valued at $42,016,000 after acquiring an additional 1,040 shares during the period. Markel Corp grew its position in shares of Apple by 0.7% during the 1st quarter. Markel Corp now owns 1,206,990 shares of the iPhone maker’s stock valued at $210,752,000 after acquiring an additional 8,450 shares during the period. Camden Capital LLC grew its position in shares of Apple by 9.2% during the 1st quarter. Camden Capital LLC now owns 156,364 shares of the iPhone maker’s stock valued at $27,305,000 after acquiring an additional 13,200 shares during the period. Finally, Harbor Island Capital LLC grew its position in shares of Apple by 0.3% during the 1st quarter. Harbor Island Capital LLC now owns 135,325 shares of the iPhone maker’s stock valued at $23,629,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 58.51% of the company’s stock.

    Insider Buying and Selling at Apple

    In other Apple news, Director Arthur D. Levinson sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $180.94, for a total transaction of $18,094,000.00. Following the completion of the sale, the director now directly owns 4,434,576 shares of the company’s stock, valued at $802,392,181.44. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.06% of the stock is owned by corporate insiders.

    Wall Street Analysts Forecast Growth

    AAPL has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Apple from $225.00 to $215.00 and set an “overweight” rating for the company in a report on Friday, February 2nd. DA Davidson started coverage on shares of Apple in a report on Wednesday, January 3rd. They issued a “neutral” rating and a $166.00 price target for the company. Bank of America raised shares of Apple from a “neutral” rating to a “buy” rating and raised their price target for the company from $208.00 to $225.00 in a report on Thursday, January 18th. Piper Sandler cut their price target on shares of Apple from $205.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. Finally, Morgan Stanley raised their price target on shares of Apple from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $205.27.

    Get Our Latest Stock Analysis on AAPL

    Apple Stock Down 0.2 %

    AAPL opened at $172.62 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 1.28. The firm has a 50 day moving average price of $183.39 and a 200-day moving average price of $183.31. Apple Inc. has a twelve month low of $151.64 and a twelve month high of $199.62. The stock has a market capitalization of $2.67 trillion, a price-to-earnings ratio of 26.89, a PEG ratio of 2.06 and a beta of 1.29.

    Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The iPhone maker reported $2.18 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.09. Apple had a net margin of 26.16% and a return on equity of 156.04%. The firm had revenue of $119.60 billion during the quarter, compared to analysts’ expectations of $117.99 billion. During the same period in the previous year, the company earned $1.88 earnings per share. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. Equities research analysts forecast that Apple Inc. will post 6.55 earnings per share for the current year.

    Apple Dividend Announcement

    The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Monday, February 12th were issued a dividend of $0.24 per share. The ex-dividend date was Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a yield of 0.56%. Apple’s dividend payout ratio is currently 14.95%.

    Apple Company Profile

    (Free Report)

    Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

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    Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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  • Pure Financial Advisors LLC Has $503,000 Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

    Pure Financial Advisors LLC Has $503,000 Position in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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    Pure Financial Advisors LLC reduced its position in shares of Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Free Report) by 20.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,784 shares of the company’s stock after selling 2,721 shares during the period. Pure Financial Advisors LLC’s holdings in Schwab U.S. Aggregate Bond ETF were worth $503,000 as of its most recent filing with the Securities and Exchange Commission.

    Several other hedge funds have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 90,669.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 197,544,995 shares of the company’s stock valued at $9,017,929,000 after acquiring an additional 197,327,361 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 3.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 24,613,846 shares of the company’s stock valued at $1,088,670,000 after acquiring an additional 742,887 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 2.5% in the 3rd quarter. Avantax Planning Partners Inc. now owns 3,288,681 shares of the company’s stock valued at $145,458,000 after acquiring an additional 78,919 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 8.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,255,637 shares of the company’s stock valued at $144,052,000 after acquiring an additional 249,045 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its holdings in Schwab U.S. Aggregate Bond ETF by 5.1% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 2,586,335 shares of the company’s stock valued at $114,394,000 after acquiring an additional 126,088 shares in the last quarter.

    Schwab U.S. Aggregate Bond ETF Stock Down 0.0 %

    Shares of NYSEARCA SCHZ opened at $45.62 on Friday. The business has a fifty day moving average price of $45.98 and a two-hundred day moving average price of $45.26. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $43.05 and a fifty-two week high of $47.47.

    Schwab U.S. Aggregate Bond ETF Profile

    (Free Report)

    The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.

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    Institutional Ownership by Quarter for Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ)

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  • Hudson Bay Capital Management LP Invests $4.10 Million in Williams-Sonoma, Inc. (NYSE:WSM)

    Hudson Bay Capital Management LP Invests $4.10 Million in Williams-Sonoma, Inc. (NYSE:WSM)

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    Hudson Bay Capital Management LP bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) in the third quarter, Holdings Channel reports. The fund bought 26,398 shares of the specialty retailer’s stock, valued at approximately $4,102,000.

    A number of other hedge funds have also made changes to their positions in WSM. Loomis Sayles & Co. L P boosted its position in shares of Williams-Sonoma by 129.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 188 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 106 shares during the period. Denali Advisors LLC acquired a new stake in Williams-Sonoma in the third quarter valued at approximately $32,000. Bessemer Group Inc. increased its position in Williams-Sonoma by 863.6% during the fourth quarter. Bessemer Group Inc. now owns 212 shares of the specialty retailer’s stock worth $25,000 after buying an additional 190 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Williams-Sonoma by 820.0% during the third quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 205 shares during the last quarter. Finally, Quarry LP lifted its position in Williams-Sonoma by 229.8% during the 1st quarter. Quarry LP now owns 277 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 193 shares during the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

    Analyst Ratings Changes

    Several research firms recently weighed in on WSM. Bank of America increased their target price on shares of Williams-Sonoma from $222.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, March 5th. Wedbush boosted their price target on shares of Williams-Sonoma from $230.00 to $280.00 and gave the company an “outperform” rating in a research report on Thursday, March 7th. Royal Bank of Canada raised their price objective on shares of Williams-Sonoma from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Friday, November 17th. Loop Capital restated a “hold” rating and set a $220.00 target price (up previously from $200.00) on shares of Williams-Sonoma in a report on Tuesday, March 5th. Finally, Evercore ISI lifted their price target on Williams-Sonoma from $160.00 to $175.00 and gave the company an “in-line” rating in a report on Friday, November 17th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $188.81.

    View Our Latest Report on Williams-Sonoma

    Williams-Sonoma Stock Up 0.7 %

    WSM opened at $285.90 on Friday. The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 19.62, a P/E/G ratio of 1.93 and a beta of 1.66. The company has a 50-day simple moving average of $219.31 and a 200 day simple moving average of $185.31. Williams-Sonoma, Inc. has a twelve month low of $109.44 and a twelve month high of $292.40.

    Williams-Sonoma (NYSE:WSM – Get Free Report) last released its quarterly earnings data on Wednesday, March 13th. The specialty retailer reported $5.44 earnings per share for the quarter, beating the consensus estimate of $5.06 by $0.38. Williams-Sonoma had a return on equity of 55.15% and a net margin of 12.25%. The company had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the business posted $5.50 EPS. Williams-Sonoma’s revenue for the quarter was down 7.1% on a year-over-year basis. Sell-side analysts anticipate that Williams-Sonoma, Inc. will post 14.72 EPS for the current fiscal year.

    Williams-Sonoma Increases Dividend

    The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, April 19th will be given a dividend of $1.13 per share. The ex-dividend date is Thursday, April 18th. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.90. This represents a $4.52 annualized dividend and a dividend yield of 1.58%. Williams-Sonoma’s dividend payout ratio is 24.71%.

    Insider Buying and Selling

    In other Williams-Sonoma news, CEO Laura Alber sold 20,000 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $201.92, for a total transaction of $4,038,400.00. Following the completion of the sale, the chief executive officer now directly owns 525,509 shares in the company, valued at approximately $106,110,777.28. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.60% of the stock is owned by insiders.

    Williams-Sonoma Company Profile

    (Free Report)

    Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.

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

    Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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  • Royal Bank of Canada Has $58.39 Million Stake in Rockwell Automation, Inc. (NYSE:ROK)

    Royal Bank of Canada Has $58.39 Million Stake in Rockwell Automation, Inc. (NYSE:ROK)

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    Royal Bank of Canada decreased its position in Rockwell Automation, Inc. (NYSE:ROK – Free Report) by 35.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 204,242 shares of the industrial products company’s stock after selling 110,473 shares during the period. Royal Bank of Canada owned about 0.18% of Rockwell Automation worth $58,386,000 at the end of the most recent reporting period.

    Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Markel Corp lifted its position in Rockwell Automation by 1.3% in the 1st quarter. Markel Corp now owns 152,900 shares of the industrial products company’s stock worth $42,816,000 after buying an additional 2,000 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Rockwell Automation by 10.3% during the 1st quarter. Sei Investments Co. now owns 57,480 shares of the industrial products company’s stock valued at $16,221,000 after purchasing an additional 5,386 shares in the last quarter. Prudential PLC bought a new position in shares of Rockwell Automation during the 1st quarter valued at $642,000. Sequoia Financial Advisors LLC raised its holdings in shares of Rockwell Automation by 3.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,649 shares of the industrial products company’s stock valued at $1,021,000 after purchasing an additional 107 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Rockwell Automation by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 11,472,877 shares of the industrial products company’s stock valued at $3,212,750,000 after buying an additional 106,641 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

    Rockwell Automation Trading Down 3.3 %

    Shares of ROK stock opened at $284.79 on Tuesday. Rockwell Automation, Inc. has a 12-month low of $252.11 and a 12-month high of $348.52. The company has a market capitalization of $32.63 billion, a P/E ratio of 27.10, a P/E/G ratio of 2.73 and a beta of 1.43. The firm has a 50-day moving average price of $289.20 and a 200 day moving average price of $286.54. The company has a quick ratio of 0.80, a current ratio of 1.25 and a debt-to-equity ratio of 0.76.

    Rockwell Automation (NYSE:ROK – Get Free Report) last announced its quarterly earnings results on Wednesday, January 31st. The industrial products company reported $2.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.62 by ($0.58). Rockwell Automation had a net margin of 13.35% and a return on equity of 37.22%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the prior year, the business earned $2.46 earnings per share. Research analysts forecast that Rockwell Automation, Inc. will post 12.36 earnings per share for the current fiscal year.

    Rockwell Automation Announces Dividend

    The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Tuesday, February 20th were issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.76%. The ex-dividend date was Friday, February 16th. Rockwell Automation’s dividend payout ratio is currently 47.57%.

    Analysts Set New Price Targets

    A number of research analysts recently issued reports on ROK shares. Citigroup lowered their target price on shares of Rockwell Automation from $351.00 to $330.00 and set a “buy” rating on the stock in a research note on Thursday, February 1st. Wells Fargo & Company lowered their target price on shares of Rockwell Automation from $357.00 to $320.00 and set an “overweight” rating on the stock in a research note on Thursday, February 1st. Mizuho lowered their target price on shares of Rockwell Automation from $300.00 to $265.00 and set a “neutral” rating on the stock in a research note on Thursday, February 1st. Berenberg Bank reiterated a “hold” rating and issued a $290.00 target price (down from $330.00) on shares of Rockwell Automation in a research note on Wednesday, March 6th. Finally, UBS Group upgraded shares of Rockwell Automation from a “neutral” rating to a “buy” rating and raised their target price for the company from $305.00 to $360.00 in a research note on Wednesday, January 3rd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $306.64.

    Check Out Our Latest Stock Report on Rockwell Automation

    Insiders Place Their Bets

    In other Rockwell Automation news, VP Brian A. Shepherd sold 637 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $262.87, for a total value of $167,448.19. Following the completion of the transaction, the vice president now directly owns 5,088 shares of the company’s stock, valued at $1,337,482.56. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, SVP Rebecca W. House sold 13,900 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $283.02, for a total transaction of $3,933,978.00. Following the completion of the sale, the senior vice president now directly owns 8,482 shares of the company’s stock, valued at $2,400,575.64. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Brian A. Shepherd sold 637 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $262.87, for a total transaction of $167,448.19. Following the sale, the vice president now directly owns 5,088 shares of the company’s stock, valued at $1,337,482.56. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,877 shares of company stock valued at $5,058,772. Insiders own 0.68% of the company’s stock.

    Rockwell Automation Profile

    (Free Report)

    Rockwell Automation, Inc provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

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    Institutional Ownership by Quarter for Rockwell Automation (NYSE:ROK)

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  • Advisors Asset Management Inc. Has $1.05 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

    Advisors Asset Management Inc. Has $1.05 Million Holdings in CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

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    Advisors Asset Management Inc. trimmed its position in shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Free Report) by 10.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,290 shares of the company’s stock after selling 720 shares during the quarter. Advisors Asset Management Inc.’s holdings in CrowdStrike were worth $1,053,000 at the end of the most recent reporting period.

    A number of other large investors also recently modified their holdings of CRWD. BlackRock Inc. grew its holdings in shares of CrowdStrike by 17.6% during the second quarter. BlackRock Inc. now owns 16,070,200 shares of the company’s stock valued at $2,360,230,000 after buying an additional 2,401,659 shares during the last quarter. Vanguard Group Inc. boosted its stake in CrowdStrike by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 12,547,900 shares of the company’s stock valued at $2,849,377,000 after purchasing an additional 244,613 shares during the last quarter. State Street Corp increased its holdings in CrowdStrike by 1.6% during the 2nd quarter. State Street Corp now owns 4,392,861 shares of the company’s stock worth $645,179,000 after purchasing an additional 70,484 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in CrowdStrike by 62.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,761,214 shares of the company’s stock worth $396,019,000 after purchasing an additional 1,440,905 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its holdings in CrowdStrike by 0.9% during the 2nd quarter. Clearbridge Investments LLC now owns 3,327,904 shares of the company’s stock worth $488,769,000 after acquiring an additional 30,352 shares during the last quarter. 63.53% of the stock is currently owned by institutional investors.

    Analyst Ratings Changes

    CRWD has been the topic of a number of recent analyst reports. Wedbush raised their price target on shares of CrowdStrike from $278.00 to $350.00 and gave the company an “outperform” rating in a research report on Tuesday, March 5th. Morgan Stanley reaffirmed an “overweight” rating and issued a $304.00 target price on shares of CrowdStrike in a report on Wednesday. Oppenheimer lifted their price target on CrowdStrike from $300.00 to $355.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup boosted their price objective on CrowdStrike from $320.00 to $425.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Sanford C. Bernstein began coverage on CrowdStrike in a research report on Thursday, January 18th. They set an “outperform” rating and a $334.00 target price for the company. One analyst has rated the stock with a hold rating and thirty-seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $371.50.

    Read Our Latest Research Report on CrowdStrike

    CrowdStrike Stock Down 2.1 %

    Shares of CRWD opened at $322.85 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.74 and a quick ratio of 1.74. CrowdStrike Holdings, Inc. has a 1 year low of $115.67 and a 1 year high of $365.00. The stock has a 50 day simple moving average of $299.97 and a two-hundred day simple moving average of $232.05. The firm has a market cap of $77.53 billion, a P/E ratio of 896.83, a P/E/G ratio of 16.42 and a beta of 1.06.

    Insiders Place Their Bets

    In other CrowdStrike news, insider Shawn Henry sold 9,205 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $253.14, for a total transaction of $2,330,153.70. Following the transaction, the insider now directly owns 190,777 shares of the company’s stock, valued at approximately $48,293,289.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, insider Shawn Henry sold 9,205 shares of CrowdStrike stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $253.14, for a total transaction of $2,330,153.70. Following the sale, the insider now owns 190,777 shares of the company’s stock, valued at approximately $48,293,289.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Anurag Saha sold 1,399 shares of the business’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $254.75, for a total transaction of $356,395.25. Following the transaction, the chief accounting officer now owns 37,155 shares in the company, valued at approximately $9,465,236.25. The disclosure for this sale can be found here. Insiders sold 227,858 shares of company stock valued at $59,916,066 over the last three months. Insiders own 5.68% of the company’s stock.

    CrowdStrike Company Profile

    (Free Report)

    CrowdStrike Holdings, Inc provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. It offers corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.

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    Institutional Ownership by Quarter for CrowdStrike (NASDAQ:CRWD)

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  • Northern Trust Corp Sells 18,149 Shares of Flowserve Co. (NYSE:FLS)

    Northern Trust Corp Sells 18,149 Shares of Flowserve Co. (NYSE:FLS)

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    Northern Trust Corp lowered its stake in shares of Flowserve Co. (NYSE:FLS – Free Report) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 947,513 shares of the industrial products company’s stock after selling 18,149 shares during the quarter. Northern Trust Corp owned approximately 0.72% of Flowserve worth $37,683,000 as of its most recent SEC filing.

    Other hedge funds have also recently added to or reduced their stakes in the company. First Manhattan CO. LLC. grew its holdings in Flowserve by 682.6% during the 1st quarter. First Manhattan CO. LLC. now owns 900 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 785 shares during the last quarter. Quarry LP bought a new stake in Flowserve during the 1st quarter worth about $38,000. Harbour Investments Inc. grew its holdings in Flowserve by 79.5% during the 4th quarter. Harbour Investments Inc. now owns 1,581 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 700 shares during the last quarter. Gyon Technologies Capital Management LP bought a new stake in Flowserve during the 4th quarter worth about $58,000. Finally, Captrust Financial Advisors boosted its stake in shares of Flowserve by 17.1% in the 2nd quarter. Captrust Financial Advisors now owns 2,073 shares of the industrial products company’s stock valued at $59,000 after purchasing an additional 303 shares during the last quarter. Institutional investors own 94.50% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of research firms recently weighed in on FLS. StockNews.com raised shares of Flowserve from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 22nd. Royal Bank of Canada boosted their price target on shares of Flowserve from $43.00 to $46.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 22nd. Mizuho boosted their price target on shares of Flowserve from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Finally, Robert W. Baird boosted their price target on shares of Flowserve from $46.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Flowserve presently has a consensus rating of “Moderate Buy” and an average target price of $46.57.

    View Our Latest Analysis on Flowserve

    Flowserve Price Performance

    Shares of NYSE:FLS opened at $42.28 on Wednesday. Flowserve Co. has a 52 week low of $29.99 and a 52 week high of $43.64. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.27 and a current ratio of 1.88. The company has a market capitalization of $5.55 billion, a PE ratio of 29.99, a PEG ratio of 1.21 and a beta of 1.45. The company has a 50 day moving average price of $41.17 and a two-hundred day moving average price of $39.51.

    Flowserve (NYSE:FLS – Get Free Report) last issued its earnings results on Wednesday, February 21st. The industrial products company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.61 by $0.07. Flowserve had a net margin of 4.32% and a return on equity of 14.44%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the firm earned $0.63 earnings per share. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Analysts forecast that Flowserve Co. will post 2.55 earnings per share for the current year.

    Flowserve Increases Dividend

    The business also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Thursday, March 28th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Wednesday, March 27th. This is a boost from Flowserve’s previous quarterly dividend of $0.20. Flowserve’s dividend payout ratio is 56.74%.

    Flowserve Profile

    (Free Report)

    Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, the Middle East, Africa, Asia Pacific, and Europe. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines.

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    Institutional Ownership by Quarter for Flowserve (NYSE:FLS)

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  • Natixis Advisors L.P. Raises Position in Corning Incorporated (NYSE:GLW)

    Natixis Advisors L.P. Raises Position in Corning Incorporated (NYSE:GLW)

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    Natixis Advisors L.P. raised its holdings in Corning Incorporated (NYSE:GLW – Free Report) by 5.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,322 shares of the electronics maker’s stock after buying an additional 5,616 shares during the period. Natixis Advisors L.P.’s holdings in Corning were worth $3,087,000 as of its most recent SEC filing.

    Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its position in Corning by 6.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,883,126 shares of the electronics maker’s stock valued at $240,199,000 after buying an additional 490,638 shares during the period. California Public Employees Retirement System boosted its position in Corning by 9.2% in the 3rd quarter. California Public Employees Retirement System now owns 4,486,974 shares of the electronics maker’s stock valued at $136,718,000 after buying an additional 377,459 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in Corning in the 3rd quarter valued at approximately $731,000. Van ECK Associates Corp raised its holdings in shares of Corning by 87.8% in the 3rd quarter. Van ECK Associates Corp now owns 96,254 shares of the electronics maker’s stock valued at $2,933,000 after purchasing an additional 45,001 shares in the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Corning by 10.9% in the 3rd quarter. Citigroup Inc. now owns 1,430,867 shares of the electronics maker’s stock valued at $43,599,000 after purchasing an additional 140,134 shares in the last quarter. Hedge funds and other institutional investors own 67.74% of the company’s stock.

    Analysts Set New Price Targets

    GLW has been the topic of a number of analyst reports. UBS Group raised their price objective on shares of Corning from $29.00 to $32.00 and gave the company a “neutral” rating in a report on Thursday, January 11th. StockNews.com lowered shares of Corning from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th. Barclays raised their price objective on shares of Corning from $28.00 to $35.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Finally, HSBC lowered shares of Corning from a “hold” rating to a “reduce” rating and set a $29.00 price objective on the stock. in a report on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $32.88.

    View Our Latest Research Report on Corning

    Corning Price Performance

    Shares of NYSE:GLW opened at $32.45 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.67 and a quick ratio of 1.05. The firm has a market capitalization of $27.70 billion, a P/E ratio of 48.43, a P/E/G ratio of 1.85 and a beta of 1.08. Corning Incorporated has a 12 month low of $25.26 and a 12 month high of $36.01. The company’s fifty day moving average price is $31.32 and its 200 day moving average price is $30.20.

    Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The electronics maker reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $3.26 billion. Corning had a net margin of 4.62% and a return on equity of 12.31%. Corning’s quarterly revenue was down 12.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 earnings per share. As a group, sell-side analysts predict that Corning Incorporated will post 1.86 earnings per share for the current fiscal year.

    Corning Announces Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.12 dividend on an annualized basis and a yield of 3.45%. Corning’s dividend payout ratio is presently 167.16%.

    Insider Activity

    In other news, Vice Chairman Lawrence D. Mcrae sold 18,200 shares of Corning stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $30.15, for a total value of $548,730.00. Following the sale, the insider now owns 205,258 shares of the company’s stock, valued at $6,188,528.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.40% of the company’s stock.

    About Corning

    (Free Report)

    Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company’s Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices.

    Read More

    Institutional Ownership by Quarter for Corning (NYSE:GLW)

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  • Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by Kestra Advisory Services LLC

    Hewlett Packard Enterprise (NYSE:HPE) Shares Sold by Kestra Advisory Services LLC

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    Kestra Advisory Services LLC decreased its holdings in shares of Hewlett Packard Enterprise (NYSE:HPE – Free Report) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,084 shares of the technology company’s stock after selling 1,305 shares during the quarter. Kestra Advisory Services LLC’s holdings in Hewlett Packard Enterprise were worth $331,000 at the end of the most recent quarter.

    Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. grew its stake in shares of Hewlett Packard Enterprise by 10.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 74,736 shares of the technology company’s stock valued at $1,249,000 after buying an additional 7,285 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of Hewlett Packard Enterprise by 12.6% in the first quarter. D.A. Davidson & CO. now owns 16,151 shares of the technology company’s stock valued at $270,000 after buying an additional 1,809 shares in the last quarter. Raymond James Trust N.A. grew its stake in shares of Hewlett Packard Enterprise by 46.4% in the first quarter. Raymond James Trust N.A. now owns 16,080 shares of the technology company’s stock valued at $269,000 after buying an additional 5,095 shares in the last quarter. Blair William & Co. IL grew its stake in shares of Hewlett Packard Enterprise by 9.8% in the first quarter. Blair William & Co. IL now owns 332,584 shares of the technology company’s stock valued at $5,557,000 after buying an additional 29,819 shares in the last quarter. Finally, Aviva PLC grew its stake in shares of Hewlett Packard Enterprise by 45.8% in the first quarter. Aviva PLC now owns 634,757 shares of the technology company’s stock valued at $10,607,000 after buying an additional 199,382 shares in the last quarter. Institutional investors and hedge funds own 81.15% of the company’s stock.

    Analysts Set New Price Targets

    A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus dropped their price objective on Hewlett Packard Enterprise from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Friday. Morgan Stanley lifted their target price on Hewlett Packard Enterprise from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, November 29th. Barclays decreased their target price on Hewlett Packard Enterprise from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Friday. Wells Fargo & Company reiterated an “equal weight” rating and issued a $17.00 target price (down from $21.00) on shares of Hewlett Packard Enterprise in a report on Friday. Finally, Sanford C. Bernstein lowered Hewlett Packard Enterprise from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $20.00 to $17.00 in a report on Tuesday, January 16th. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $17.25.

    Read Our Latest Stock Report on Hewlett Packard Enterprise

    Insider Activity

    In other news, CFO Jeremy Cox sold 1,773 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $16.93, for a total value of $30,016.89. Following the completion of the sale, the chief financial officer now directly owns 14,374 shares of the company’s stock, valued at approximately $243,351.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CFO Jeremy Cox sold 1,773 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $16.93, for a total value of $30,016.89. Following the transaction, the chief financial officer now owns 14,374 shares in the company, valued at approximately $243,351.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Justin Hotard sold 10,612 shares of the business’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $16.37, for a total value of $173,718.44. Following the completion of the transaction, the executive vice president now owns 47,737 shares in the company, valued at approximately $781,454.69. The disclosure for this sale can be found here. In the last three months, insiders sold 303,575 shares of company stock valued at $4,989,141. Insiders own 0.40% of the company’s stock.

    Hewlett Packard Enterprise Stock Up 2.2 %

    Shares of NYSE HPE opened at $15.56 on Friday. The company has a market capitalization of $20.23 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 2.62 and a beta of 1.19. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.87 and a quick ratio of 0.66. The business has a 50-day moving average of $15.79 and a two-hundred day moving average of $16.29. Hewlett Packard Enterprise has a 1 year low of $13.65 and a 1 year high of $18.14.

    Hewlett Packard Enterprise (NYSE:HPE – Get Free Report) last announced its quarterly earnings results on Thursday, February 29th. The technology company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Hewlett Packard Enterprise had a return on equity of 9.20% and a net margin of 6.81%. The company had revenue of $6.76 billion during the quarter, compared to the consensus estimate of $7.09 billion. During the same period in the previous year, the business earned $0.38 EPS. Hewlett Packard Enterprise’s revenue for the quarter was down 13.5% on a year-over-year basis. On average, analysts forecast that Hewlett Packard Enterprise will post 1.6 earnings per share for the current fiscal year.

    Hewlett Packard Enterprise Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Friday, March 15th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Thursday, March 14th. Hewlett Packard Enterprise’s payout ratio is currently 35.86%.

    Hewlett Packard Enterprise Company Profile

    (Free Report)

    Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It operates in six segments: Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.

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    Institutional Ownership by Quarter for Hewlett Packard Enterprise (NYSE:HPE)

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  • Deutsche Bank AG Buys 7,565 Shares of Beyond Air, Inc. (NASDAQ:XAIR)

    Deutsche Bank AG Buys 7,565 Shares of Beyond Air, Inc. (NASDAQ:XAIR)

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    Deutsche Bank AG boosted its stake in shares of Beyond Air, Inc. (NASDAQ:XAIR – Free Report) by 1.9% during the third quarter, Holdings Channel.com reports. The firm owned 407,565 shares of the company’s stock after purchasing an additional 7,565 shares during the quarter. Deutsche Bank AG’s holdings in Beyond Air were worth $941,000 as of its most recent SEC filing.

    Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in Beyond Air by 497.6% in the second quarter. BlackRock Inc. now owns 1,728,410 shares of the company’s stock valued at $7,363,000 after buying an additional 1,439,168 shares during the last quarter. State Street Corp raised its stake in Beyond Air by 259.5% in the second quarter. State Street Corp now owns 368,154 shares of the company’s stock valued at $1,568,000 after buying an additional 265,747 shares during the last quarter. Geode Capital Management LLC raised its stake in Beyond Air by 93.1% in the second quarter. Geode Capital Management LLC now owns 501,409 shares of the company’s stock valued at $2,136,000 after buying an additional 241,688 shares during the last quarter. Northern Trust Corp raised its stake in Beyond Air by 202.3% in the second quarter. Northern Trust Corp now owns 250,245 shares of the company’s stock valued at $1,066,000 after buying an additional 167,458 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Beyond Air by 1,353.9% in the first quarter. Jane Street Group LLC now owns 132,915 shares of the company’s stock valued at $897,000 after buying an additional 143,515 shares during the last quarter. Institutional investors own 30.60% of the company’s stock.

    Analyst Ratings Changes

    Separately, Truist Financial reduced their price objective on Beyond Air from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, November 14th.

    Get Our Latest Stock Report on XAIR

    Beyond Air Trading Down 3.4 %

    Shares of NASDAQ:XAIR opened at $1.98 on Friday. The business has a 50-day moving average price of $1.78 and a 200-day moving average price of $2.10. The company has a quick ratio of 3.26, a current ratio of 3.39 and a debt-to-equity ratio of 0.61. The stock has a market cap of $71.36 million, a price-to-earnings ratio of -0.93 and a beta of -0.23. Beyond Air, Inc. has a 52-week low of $1.17 and a 52-week high of $7.16.

    Beyond Air (NASDAQ:XAIR – Get Free Report) last announced its quarterly earnings results on Monday, February 12th. The company reported ($0.50) earnings per share for the quarter, beating the consensus estimate of ($0.61) by $0.11. The company had revenue of $0.39 million for the quarter, compared to analysts’ expectations of $0.49 million. During the same quarter in the prior year, the business posted ($0.43) earnings per share. Equities analysts predict that Beyond Air, Inc. will post -1.93 EPS for the current year.

    Insider Buying and Selling at Beyond Air

    In other Beyond Air news, CEO Steven A. Lisi acquired 77,775 shares of the company’s stock in a transaction on Monday, December 18th. The shares were bought at an average cost of $1.63 per share, with a total value of $126,773.25. Following the completion of the acquisition, the chief executive officer now owns 1,536,471 shares in the company, valued at $2,504,447.73. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Robert Carey purchased 1,200,000 shares of the stock in a transaction dated Monday, December 18th. The shares were purchased at an average cost of $1.64 per share, with a total value of $1,968,000.00. Following the completion of the purchase, the director now directly owns 2,374,454 shares of the company’s stock, valued at approximately $3,894,104.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Steven A. Lisi acquired 77,775 shares of the stock in a transaction on Monday, December 18th. The shares were bought at an average cost of $1.63 per share, for a total transaction of $126,773.25. Following the purchase, the chief executive officer now directly owns 1,536,471 shares of the company’s stock, valued at approximately $2,504,447.73. The disclosure for this purchase can be found here. 19.00% of the stock is owned by corporate insiders.

    Beyond Air Profile

    (Free Report)

    Beyond Air, Inc operates as a commercial-stage medical device and biopharmaceutical company in the United States. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. It offers LungFit PH for the treatment of persistent pulmonary hypertension of the newborn.

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    Institutional Ownership by Quarter for Beyond Air (NASDAQ:XAIR)

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  • Hsbc Holdings PLC Has $3.50 Million Stock Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

    Hsbc Holdings PLC Has $3.50 Million Stock Position in Allison Transmission Holdings, Inc. (NYSE:ALSN)

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    Hsbc Holdings PLC cut its holdings in shares of Allison Transmission Holdings, Inc. (NYSE:ALSN – Free Report) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,356 shares of the auto parts company’s stock after selling 254 shares during the quarter. Hsbc Holdings PLC owned approximately 0.07% of Allison Transmission worth $3,501,000 at the end of the most recent reporting period.

    A number of other large investors also recently modified their holdings of ALSN. AMI Investment Management Inc. boosted its holdings in shares of Allison Transmission by 7.1% in the 1st quarter. AMI Investment Management Inc. now owns 97,189 shares of the auto parts company’s stock valued at $3,816,000 after buying an additional 6,438 shares during the last quarter. JPMorgan Chase & Co. raised its position in Allison Transmission by 5.1% during the first quarter. JPMorgan Chase & Co. now owns 334,703 shares of the auto parts company’s stock worth $13,140,000 after acquiring an additional 16,209 shares in the last quarter. Raymond James & Associates lifted its stake in Allison Transmission by 267.3% in the first quarter. Raymond James & Associates now owns 33,711 shares of the auto parts company’s stock valued at $1,323,000 after acquiring an additional 24,534 shares during the last quarter. Citigroup Inc. grew its position in shares of Allison Transmission by 1.5% in the 1st quarter. Citigroup Inc. now owns 74,855 shares of the auto parts company’s stock valued at $2,938,000 after acquiring an additional 1,127 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Allison Transmission by 31.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 13,096 shares of the auto parts company’s stock worth $514,000 after purchasing an additional 3,142 shares during the last quarter. 96.57% of the stock is currently owned by institutional investors and hedge funds.

    Allison Transmission Stock Up 0.3 %

    ALSN opened at $75.58 on Thursday. The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.94 and a current ratio of 2.49. The stock has a fifty day moving average of $61.85 and a 200-day moving average of $58.69. Allison Transmission Holdings, Inc. has a fifty-two week low of $41.61 and a fifty-two week high of $76.43. The company has a market capitalization of $6.59 billion, a P/E ratio of 10.16, a P/E/G ratio of 1.40 and a beta of 0.97.

    Allison Transmission (NYSE:ALSN – Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The auto parts company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.49. Allison Transmission had a net margin of 22.17% and a return on equity of 60.35%. The firm had revenue of $775.00 million during the quarter, compared to the consensus estimate of $744.00 million. During the same quarter in the previous year, the firm posted $1.52 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. On average, equities analysts expect that Allison Transmission Holdings, Inc. will post 7.64 EPS for the current year.

    Allison Transmission Increases Dividend

    The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Monday, March 4th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Friday, March 1st. This is a positive change from Allison Transmission’s previous quarterly dividend of $0.23. Allison Transmission’s dividend payout ratio (DPR) is 12.37%.

    Insider Buying and Selling at Allison Transmission

    In other news, CEO David S. Graziosi sold 76,318 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $70.57, for a total transaction of $5,385,761.26. Following the sale, the chief executive officer now directly owns 125,479 shares of the company’s stock, valued at approximately $8,855,053.03. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CEO David S. Graziosi sold 76,318 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $70.57, for a total transaction of $5,385,761.26. Following the completion of the sale, the chief executive officer now owns 125,479 shares of the company’s stock, valued at approximately $8,855,053.03. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Niekerk Teresa Van sold 6,241 shares of Allison Transmission stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $74.87, for a total transaction of $467,263.67. Following the completion of the transaction, the vice president now directly owns 21,112 shares in the company, valued at $1,580,655.44. The disclosure for this sale can be found here. Insiders sold 85,245 shares of company stock valued at $6,048,673 in the last three months. Corporate insiders own 1.10% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of equities analysts recently commented on ALSN shares. Robert W. Baird lifted their price target on Allison Transmission from $63.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, February 14th. The Goldman Sachs Group boosted their target price on Allison Transmission from $48.00 to $55.00 and gave the stock a “sell” rating in a report on Thursday, February 15th. Morgan Stanley assumed coverage on Allison Transmission in a report on Monday, January 8th. They set an “equal weight” rating and a $62.00 price target for the company. Finally, StockNews.com upgraded shares of Allison Transmission from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $61.00.

    View Our Latest Research Report on ALSN

    About Allison Transmission

    (Free Report)

    Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully automatic transmissions for medium-and heavy-duty commercial vehicles, and medium-and heavy-tactical U.S. defense vehicles worldwide. The company offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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    Institutional Ownership by Quarter for Allison Transmission (NYSE:ALSN)

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    ABMN Staff

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