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Tag: Institutional Investor Holdings

  • Ieq Capital LLC Takes Position in Oceaneering International, Inc. $OII

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    Ieq Capital LLC bought a new stake in shares of Oceaneering International, Inc. (NYSE:OII – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 17,842 shares of the oil and gas company’s stock, valued at approximately $389,000.

    Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Oceaneering International by 29.7% during the first quarter. GAMMA Investing LLC now owns 3,104 shares of the oil and gas company’s stock valued at $68,000 after purchasing an additional 711 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Oceaneering International by 191.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,244 shares of the oil and gas company’s stock valued at $85,000 after purchasing an additional 2,131 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Oceaneering International during the fourth quarter valued at $119,000. Vestcor Inc purchased a new stake in shares of Oceaneering International during the first quarter valued at $156,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in Oceaneering International during the fourth quarter valued at $200,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

    Oceaneering International Stock Performance

    Shares of OII stock opened at $24.68 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.00 and a quick ratio of 1.67. Oceaneering International, Inc. has a fifty-two week low of $15.46 and a fifty-two week high of $30.98. The stock’s 50-day moving average is $22.24 and its two-hundred day moving average is $20.71. The firm has a market cap of $2.47 billion, a P/E ratio of 12.46 and a beta of 1.64.

    Oceaneering International (NYSE:OII – Get Free Report) last issued its earnings results on Wednesday, July 23rd. The oil and gas company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.07. Oceaneering International had a return on equity of 22.09% and a net margin of 7.31%.The company had revenue of $698.16 million for the quarter, compared to analyst estimates of $676.81 million. During the same period in the prior year, the firm posted $0.28 EPS. The business’s revenue was up 4.5% compared to the same quarter last year. Analysts predict that Oceaneering International, Inc. will post 1.78 earnings per share for the current fiscal year.

    Insiders Place Their Bets

    In other Oceaneering International news, CFO Alan R. Curtis sold 14,840 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $24.36, for a total value of $361,502.40. Following the transaction, the chief financial officer directly owned 155,259 shares of the company’s stock, valued at $3,782,109.24. This represents a 8.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.10% of the stock is currently owned by insiders.

    Wall Street Analysts Forecast Growth

    Several research firms recently weighed in on OII. Wall Street Zen lowered Oceaneering International from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Barclays upped their price target on Oceaneering International from $21.00 to $22.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $28.25.

    Get Our Latest Stock Analysis on Oceaneering International

    About Oceaneering International

    (Free Report)

    Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.

    Further Reading

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

    Institutional Ownership by Quarter for Oceaneering International (NYSE:OII)



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  • Apple Inc. $AAPL Position Raised by Stevens Capital Management LP

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    Stevens Capital Management LP raised its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 631.1% during the first quarter, HoldingsChannel reports. The firm owned 94,932 shares of the iPhone maker’s stock after buying an additional 81,947 shares during the quarter. Apple comprises 5.2% of Stevens Capital Management LP’s holdings, making the stock its 3rd largest position. Stevens Capital Management LP’s holdings in Apple were worth $21,087,000 as of its most recent SEC filing.

    A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Apple by 3.7% during the fourth quarter. Vanguard Group Inc. now owns 1,395,785,512 shares of the iPhone maker’s stock valued at $349,532,608,000 after buying an additional 49,168,843 shares during the last quarter. Geode Capital Management LLC grew its stake in Apple by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 340,164,913 shares of the iPhone maker’s stock worth $84,999,145,000 after purchasing an additional 6,307,413 shares in the last quarter. Norges Bank bought a new position in Apple in the fourth quarter worth approximately $46,868,648,000. Northern Trust Corp boosted its position in Apple by 13.3% during the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after acquiring an additional 20,079,472 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Apple by 14.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,706,358 shares of the iPhone maker’s stock valued at $26,220,566,000 after acquiring an additional 13,137,968 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

    Analyst Upgrades and Downgrades

    Several analysts have issued reports on the company. Bank of America increased their target price on Apple from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Wednesday. Raymond James Financial reaffirmed an “outperform” rating and set a $240.00 target price (up previously from $230.00) on shares of Apple in a research report on Friday, August 1st. Rosenblatt Securities reaffirmed a “neutral” rating and set a $217.00 target price on shares of Apple in a research report on Tuesday, July 29th. Barclays increased their target price on Apple from $173.00 to $180.00 and gave the company an “underweight” rating in a research report on Friday, August 1st. Finally, Loop Capital dropped their target price on Apple from $230.00 to $226.00 and set a “hold” rating on the stock in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average price target of $237.73.

    Check Out Our Latest Research Report on Apple

    Apple Stock Performance

    Shares of AAPL stock opened at $238.47 on Thursday. The firm has a market capitalization of $3.54 trillion, a price-to-earnings ratio of 36.19, a price-to-earnings-growth ratio of 2.42 and a beta of 1.11. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.87 and a quick ratio of 0.83. The business has a fifty day moving average of $217.73 and a 200 day moving average of $212.92. Apple Inc. has a 1 year low of $169.21 and a 1 year high of $260.10.

    Apple (NASDAQ:AAPL – Get Free Report) last issued its earnings results on Thursday, July 31st. The iPhone maker reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. The company had revenue of $94.04 billion during the quarter, compared to analyst estimates of $88.64 billion. Apple had a return on equity of 170.91% and a net margin of 24.30%.The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $1.40 EPS. As a group, research analysts expect that Apple Inc. will post 7.28 earnings per share for the current year.

    Apple Announces Dividend

    The company also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Monday, August 11th were paid a $0.26 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Apple’s dividend payout ratio (DPR) is 15.78%.

    Insider Transactions at Apple

    In related news, SVP Deirdre O’brien sold 34,821 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $223.20, for a total value of $7,772,047.20. Following the completion of the transaction, the senior vice president owned 136,687 shares in the company, valued at $30,508,538.40. This trade represents a 20.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.06% of the stock is owned by company insiders.

    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.

    Read More

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

    Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)



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  • AlphaQuest LLC Lowers Stake in A10 Networks, Inc. $ATEN

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    AlphaQuest LLC reduced its position in shares of A10 Networks, Inc. (NYSE:ATEN – Free Report) by 89.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,403 shares of the communications equipment provider’s stock after selling 46,173 shares during the quarter. AlphaQuest LLC’s holdings in A10 Networks were worth $88,000 as of its most recent SEC filing.

    Several other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. lifted its stake in A10 Networks by 3.0% in the 1st quarter. Principal Financial Group Inc. now owns 416,548 shares of the communications equipment provider’s stock valued at $6,806,000 after buying an additional 12,282 shares in the last quarter. Assenagon Asset Management S.A. purchased a new position in A10 Networks in the 1st quarter valued at about $295,000. Squarepoint Ops LLC lifted its stake in A10 Networks by 363.8% in the 4th quarter. Squarepoint Ops LLC now owns 119,877 shares of the communications equipment provider’s stock valued at $2,206,000 after buying an additional 94,032 shares in the last quarter. GAMMA Investing LLC lifted its stake in A10 Networks by 1,938.5% in the 1st quarter. GAMMA Investing LLC now owns 50,066 shares of the communications equipment provider’s stock valued at $818,000 after buying an additional 47,610 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in A10 Networks by 50.3% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 20,592 shares of the communications equipment provider’s stock valued at $336,000 after buying an additional 6,893 shares in the last quarter. 98.61% of the stock is owned by hedge funds and other institutional investors.

    Analyst Upgrades and Downgrades

    A number of research analysts recently weighed in on the stock. Mizuho assumed coverage on shares of A10 Networks in a research note on Monday, July 14th. They issued a “neutral” rating on the stock. BTIG Research raised shares of A10 Networks from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Wednesday, August 6th. Wall Street Zen raised shares of A10 Networks from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of A10 Networks in a research note on Friday, June 27th. They issued a “buy” rating and a $22.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of A10 Networks in a research note on Saturday, August 16th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.00.

    Read Our Latest Research Report on ATEN

    A10 Networks Stock Down 2.0%

    Shares of NYSE ATEN opened at $17.35 on Wednesday. The company has a 50 day simple moving average of $18.29 and a 200-day simple moving average of $17.85. The company has a market capitalization of $1.25 billion, a P/E ratio of 25.51 and a beta of 1.37. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.23 and a quick ratio of 4.04. A10 Networks, Inc. has a 1 year low of $12.72 and a 1 year high of $21.90.

    A10 Networks (NYSE:ATEN – Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The communications equipment provider reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $69.38 million during the quarter, compared to the consensus estimate of $65.99 million. A10 Networks had a net margin of 18.45% and a return on equity of 25.46%. The business’s revenue was up 15.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS. On average, equities research analysts predict that A10 Networks, Inc. will post 0.69 earnings per share for the current year.

    A10 Networks Announces Dividend

    The company also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th were issued a dividend of $0.06 per share. The ex-dividend date was Friday, August 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.4%. A10 Networks’s dividend payout ratio (DPR) is currently 35.29%.

    Insider Activity

    In other news, CFO Brian Becker sold 6,400 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $18.03, for a total transaction of $115,392.00. Following the completion of the sale, the chief financial officer owned 77,599 shares in the company, valued at $1,399,109.97. This trade represents a 7.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.15% of the stock is owned by corporate insiders.

    A10 Networks Company Profile

    (Free Report)

    A10 Networks, Inc provides networking solutions in the Americas, Japan, rest of Asia Pacific, Europe, the Middle East, and Africa. The company offers Thunder Application Delivery Controller that provides advanced server load balancing; Thunder Carrier Grade Networking, which provides standards-compliant address and protocol translation services between varying types of internet protocol addresses; Thunder Secure Sockets Layer (SSL) Insight that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall, which addresses multiple critical security capabilities in one package.

    See Also

    Institutional Ownership by Quarter for A10 Networks (NYSE:ATEN)



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  • MetLife Investment Management LLC Makes New $2.13 Million Investment in Cameco Corporation $CCJ

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    MetLife Investment Management LLC purchased a new stake in Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 51,770 shares of the basic materials company’s stock, valued at approximately $2,131,000.

    Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Manchester Capital Management LLC grew its position in Cameco by 100.0% during the first quarter. Manchester Capital Management LLC now owns 600 shares of the basic materials company’s stock worth $25,000 after buying an additional 300 shares during the period. Dagco Inc. acquired a new stake in shares of Cameco in the 1st quarter worth approximately $28,000. SVB Wealth LLC purchased a new position in Cameco in the 1st quarter valued at approximately $29,000. Copia Wealth Management acquired a new position in Cameco during the fourth quarter worth $39,000. Finally, Ameriflex Group Inc. purchased a new stake in Cameco during the fourth quarter worth $40,000. Institutional investors and hedge funds own 70.21% of the company’s stock.

    Analysts Set New Price Targets

    A number of research analysts have recently weighed in on the company. BMO Capital Markets restated an “outperform” rating on shares of Cameco in a research report on Friday. Raymond James Financial restated an “outperform” rating on shares of Cameco in a report on Wednesday, June 18th. Scotiabank reaffirmed an “outperform” rating on shares of Cameco in a report on Tuesday, July 8th. Royal Bank Of Canada increased their price target on shares of Cameco from $100.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group lifted their price objective on Cameco from $65.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, June 11th. Three research analysts have rated the stock with a Strong Buy rating and twelve have given a Buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $83.32.

    Get Our Latest Report on Cameco

    Cameco Price Performance

    NYSE:CCJ opened at $77.54 on Tuesday. Cameco Corporation has a 12-month low of $35.00 and a 12-month high of $83.02. The firm has a market cap of $33.76 billion, a price-to-earnings ratio of 89.13 and a beta of 1.04. The company’s 50-day moving average is $75.37 and its two-hundred day moving average is $58.09. The company has a current ratio of 2.96, a quick ratio of 2.00 and a debt-to-equity ratio of 0.15.

    Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.22. The business had revenue of $467.72 million during the quarter, compared to the consensus estimate of $819.79 million. Cameco had a net margin of 14.97% and a return on equity of 8.21%. The company’s quarterly revenue was up 46.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 earnings per share. Cameco has set its FY 2025 guidance at EPS. Research analysts expect that Cameco Corporation will post 1.27 EPS for the current year.

    About Cameco

    (Free Report)

    Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.

    See Also

    Want to see what other hedge funds are holding CCJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO).

    Institutional Ownership by Quarter for Cameco (NYSE:CCJ)



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  • Jump Financial LLC Sells 20,644 Shares of Spotify Technology $SPOT

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    Jump Financial LLC reduced its holdings in Spotify Technology (NYSE:SPOT – Free Report) by 95.0% during the first quarter, Holdings Channel.com reports. The fund owned 1,076 shares of the company’s stock after selling 20,644 shares during the quarter. Jump Financial LLC’s holdings in Spotify Technology were worth $592,000 at the end of the most recent reporting period.

    Other institutional investors have also added to or reduced their stakes in the company. QRG Capital Management Inc. increased its stake in Spotify Technology by 36.3% in the 1st quarter. QRG Capital Management Inc. now owns 710 shares of the company’s stock worth $391,000 after acquiring an additional 189 shares during the last quarter. GAMMA Investing LLC raised its position in Spotify Technology by 38.1% during the first quarter. GAMMA Investing LLC now owns 1,305 shares of the company’s stock valued at $718,000 after purchasing an additional 360 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Spotify Technology by 16.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,543 shares of the company’s stock valued at $4,699,000 after purchasing an additional 1,179 shares in the last quarter. Fifth Third Bancorp raised its position in Spotify Technology by 30.7% during the first quarter. Fifth Third Bancorp now owns 302 shares of the company’s stock valued at $166,000 after purchasing an additional 71 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Spotify Technology by 238.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 25,441 shares of the company’s stock valued at $13,993,000 after purchasing an additional 17,932 shares in the last quarter. 84.09% of the stock is currently owned by institutional investors.

    Analyst Upgrades and Downgrades

    A number of research firms have weighed in on SPOT. DZ Bank upgraded Spotify Technology from a “sell” rating to a “hold” rating and set a $652.00 price target on the stock in a research report on Wednesday, July 30th. Guggenheim raised their price target on Spotify Technology from $800.00 to $850.00 and gave the company a “buy” rating in a research report on Monday, August 18th. Phillip Securities upgraded Spotify Technology from a “moderate sell” rating to a “hold” rating in a research report on Monday, August 4th. Rosenblatt Securities lowered their price target on Spotify Technology from $703.00 to $679.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 30th. Finally, Bank of America raised their price target on Spotify Technology from $700.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, June 26th. Twenty analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $720.07.

    Get Our Latest Analysis on SPOT

    Spotify Technology Trading Down 0.7%

    SPOT opened at $683.19 on Monday. The company has a market cap of $139.85 billion, a P/E ratio of 165.82, a P/E/G ratio of 2.93 and a beta of 1.71. The business’s 50-day moving average price is $701.49 and its 200-day moving average price is $643.74. Spotify Technology has a 12 month low of $319.07 and a 12 month high of $785.00.

    Spotify Technology (NYSE:SPOT – Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of $2.00 by ($2.42). The company had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.29 billion. Spotify Technology had a return on equity of 13.67% and a net margin of 4.76%.The firm’s quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.33 EPS. Spotify Technology has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Spotify Technology will post 10.3 earnings per share for the current fiscal year.

    About Spotify Technology

    (Free Report)

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

    See Also

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

    Institutional Ownership by Quarter for Spotify Technology (NYSE:SPOT)



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  • Flex Ltd. $FLEX Shares Sold by Northern Trust Corp

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    Northern Trust Corp reduced its holdings in shares of Flex Ltd. (NASDAQ:FLEX – Free Report) by 0.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,477,466 shares of the technology company’s stock after selling 22,283 shares during the quarter. Northern Trust Corp’s holdings in Flex were worth $81,955,000 as of its most recent SEC filing.

    Several other hedge funds also recently added to or reduced their stakes in FLEX. Olde Wealth Management LLC acquired a new position in Flex during the 1st quarter valued at about $26,000. Cullen Frost Bankers Inc. acquired a new position in shares of Flex in the first quarter valued at about $26,000. CX Institutional acquired a new position in shares of Flex in the first quarter valued at about $29,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Flex in the fourth quarter valued at about $35,000. Finally, CWM LLC increased its holdings in shares of Flex by 73.3% in the first quarter. CWM LLC now owns 1,281 shares of the technology company’s stock valued at $42,000 after purchasing an additional 542 shares during the period. 94.30% of the stock is owned by institutional investors and hedge funds.

    Wall Street Analyst Weigh In

    A number of research analysts have recently weighed in on FLEX shares. KGI Securities lowered Flex from a “strong-buy” rating to a “hold” rating in a report on Friday, July 25th. Barclays increased their price objective on Flex from $50.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, July 25th. Stifel Nicolaus increased their price objective on Flex from $45.00 to $52.00 and gave the company a “buy” rating in a report on Friday, July 25th. KeyCorp increased their price objective on Flex from $50.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, July 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Flex in a report on Friday, July 11th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Flex currently has an average rating of “Moderate Buy” and a consensus target price of $53.71.

    Read Our Latest Stock Analysis on FLEX

    Flex Stock Up 5.1%

    Shares of FLEX opened at $51.92 on Monday. Flex Ltd. has a 52 week low of $25.11 and a 52 week high of $53.97. The company has a quick ratio of 0.83, a current ratio of 1.36 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $19.49 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 1.77 and a beta of 1.05. The stock’s 50-day moving average price is $50.15 and its 200-day moving average price is $41.78.

    Flex (NASDAQ:FLEX – Get Free Report) last issued its earnings results on Thursday, July 24th. The technology company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.09. Flex had a return on equity of 20.25% and a net margin of 3.42%.The firm had revenue of $6.58 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company’s revenue was up 4.1% compared to the same quarter last year. Flex has set its FY 2026 guidance at 2.860-3.060 EPS. Q2 2026 guidance at 0.700-0.780 EPS. On average, sell-side analysts predict that Flex Ltd. will post 2.33 EPS for the current year.

    Insiders Place Their Bets

    In other Flex news, EVP David Scott Offer sold 35,394 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $42.87, for a total transaction of $1,517,340.78. Following the transaction, the executive vice president owned 140,013 shares in the company, valued at approximately $6,002,357.31. This represents a 20.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael P. Hartung sold 35,393 shares of the stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $42.87, for a total value of $1,517,297.91. Following the transaction, the insider owned 293,195 shares in the company, valued at $12,569,269.65. This represents a 10.77% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 661,706 shares of company stock worth $28,746,344. Company insiders own 0.57% of the company’s stock.

    Flex Profile

    (Free Report)

    Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.

    Further Reading

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    Institutional Ownership by Quarter for Flex (NASDAQ:FLEX)



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  • Northern Trust Corp Has $110.88 Million Stake in Crown Holdings, Inc. $CCK

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    Northern Trust Corp lifted its holdings in Crown Holdings, Inc. (NYSE:CCK – Free Report) by 13.7% during the 1st quarter, Holdings Channel reports. The fund owned 1,242,250 shares of the industrial products company’s stock after acquiring an additional 149,339 shares during the quarter. Northern Trust Corp’s holdings in Crown were worth $110,883,000 at the end of the most recent reporting period.

    Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC raised its position in Crown by 47.6% in the 1st quarter. Larson Financial Group LLC now owns 332 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 107 shares during the last quarter. Signaturefd LLC increased its stake in shares of Crown by 161.2% in the first quarter. Signaturefd LLC now owns 397 shares of the industrial products company’s stock valued at $35,000 after buying an additional 245 shares in the last quarter. National Pension Service raised its holdings in shares of Crown by 74.4% in the first quarter. National Pension Service now owns 443 shares of the industrial products company’s stock valued at $40,000 after buying an additional 189 shares during the last quarter. Brooklyn Investment Group lifted its position in Crown by 39.4% during the 1st quarter. Brooklyn Investment Group now owns 651 shares of the industrial products company’s stock worth $58,000 after buying an additional 184 shares in the last quarter. Finally, Colonial Trust Co SC grew its holdings in Crown by 88.0% during the 4th quarter. Colonial Trust Co SC now owns 752 shares of the industrial products company’s stock worth $62,000 after acquiring an additional 352 shares during the last quarter. 90.93% of the stock is owned by institutional investors and hedge funds.

    Insider Transactions at Crown

    In related news, CAO Gerard H. Gifford sold 8,222 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $102.93, for a total value of $846,290.46. Following the completion of the transaction, the chief accounting officer directly owned 122,585 shares in the company, valued at approximately $12,617,674.05. The trade was a 6.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Timothy J. Donahue sold 13,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $100.52, for a total value of $1,306,760.00. Following the sale, the chief executive officer directly owned 449,056 shares of the company’s stock, valued at approximately $45,139,109.12. The trade was a 2.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 58,222 shares of company stock worth $5,873,770. 0.90% of the stock is currently owned by insiders.

    Crown Stock Performance

    Shares of NYSE:CCK opened at $100.8790 on Friday. The firm’s 50 day simple moving average is $103.24 and its 200 day simple moving average is $95.47. Crown Holdings, Inc. has a fifty-two week low of $75.98 and a fifty-two week high of $109.48. The company has a market capitalization of $11.74 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.54 and a beta of 0.74. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.06 and a quick ratio of 0.69.

    Crown (NYSE:CCK – Get Free Report) last issued its earnings results on Monday, July 21st. The industrial products company reported $2.15 EPS for the quarter, beating the consensus estimate of $1.86 by $0.29. The firm had revenue of $3.15 billion during the quarter, compared to the consensus estimate of $3.10 billion. Crown had a net margin of 4.64% and a return on equity of 27.15%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.81 earnings per share. Crown has set its FY 2025 guidance at 7.100-7.500 EPS. Q3 2025 guidance at 1.950-2.050 EPS. As a group, sell-side analysts forecast that Crown Holdings, Inc. will post 6.96 earnings per share for the current year.

    Crown Announces Dividend

    The firm also recently declared a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 7th. Crown’s dividend payout ratio is 21.85%.

    Analyst Upgrades and Downgrades

    A number of equities analysts have weighed in on the stock. UBS Group boosted their target price on shares of Crown from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Royal Bank Of Canada raised their price target on shares of Crown from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Robert W. Baird upped their price objective on Crown from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Loop Capital lifted their target price on Crown from $129.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Finally, Bank of America boosted their target price on Crown from $110.00 to $117.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $120.67.

    Read Our Latest Stock Analysis on CCK

    Crown Company Profile

    (Free Report)

    Crown Holdings, Inc, together with its subsidiaries, engages in the packaging business in the United States and internationally. It operates through Americas Beverage, European Beverage, Asia Pacific, and Transit Packaging segments. The company manufactures and sells recyclable aluminum beverage cans and ends, glass bottles, steel crowns, aluminum caps, non-beverage cans, and aerosol cans and closures.

    Further Reading

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

    Institutional Ownership by Quarter for Crown (NYSE:CCK)



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  • American Century Companies Inc. Has $24.32 Million Stock Position in OneSpaWorld Holdings Limited $OSW

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    American Century Companies Inc. increased its holdings in shares of OneSpaWorld Holdings Limited (NASDAQ:OSW – Free Report) by 566.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,448,268 shares of the company’s stock after purchasing an additional 1,230,931 shares during the period. American Century Companies Inc.’s holdings in OneSpaWorld were worth $24,316,000 at the end of the most recent quarter.

    Other large investors have also added to or reduced their stakes in the company. Amalgamated Bank grew its stake in OneSpaWorld by 22.2% during the first quarter. Amalgamated Bank now owns 3,479 shares of the company’s stock worth $58,000 after purchasing an additional 631 shares during the period. Bessemer Group Inc. grew its stake in OneSpaWorld by 41,840.0% during the first quarter. Bessemer Group Inc. now owns 16,776 shares of the company’s stock worth $282,000 after purchasing an additional 16,736 shares during the period. Deutsche Bank AG grew its stake in OneSpaWorld by 48.3% during the fourth quarter. Deutsche Bank AG now owns 88,588 shares of the company’s stock worth $1,763,000 after purchasing an additional 28,857 shares during the period. Bank of America Corp DE grew its stake in OneSpaWorld by 4.0% during the fourth quarter. Bank of America Corp DE now owns 473,223 shares of the company’s stock worth $9,417,000 after purchasing an additional 18,207 shares during the period. Finally, GAM Holding AG grew its stake in OneSpaWorld by 7.9% in the first quarter. GAM Holding AG now owns 583,000 shares of the company’s stock valued at $9,789,000 after acquiring an additional 42,500 shares during the period. Institutional investors and hedge funds own 95.98% of the company’s stock.

    Analyst Upgrades and Downgrades

    A number of brokerages have commented on OSW. William Blair reissued an “outperform” rating on shares of OneSpaWorld in a research note on Wednesday, July 23rd. Stifel Nicolaus raised their price objective on OneSpaWorld from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. TD Securities reduced their price objective on OneSpaWorld from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Wall Street Zen cut OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Cowen reissued a “buy” rating on shares of OneSpaWorld in a research note on Thursday, May 1st. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $22.67.

    Get Our Latest Analysis on OSW

    Insider Buying and Selling

    In other news, Director Andrew R. Heyer sold 31,289 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $21.59, for a total value of $675,529.51. Following the transaction, the director owned 332,145 shares in the company, valued at $7,171,010.55. This trade represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Glenn Fusfield sold 23,116 shares of OneSpaWorld stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $21.57, for a total value of $498,612.12. Following the sale, the director owned 151,799 shares in the company, valued at $3,274,304.43. This trade represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 156,824 shares of company stock worth $3,406,170 in the last 90 days. Corporate insiders own 3.90% of the company’s stock.

    OneSpaWorld Stock Up 4.6%

    OSW stock opened at $22.97 on Friday. OneSpaWorld Holdings Limited has a twelve month low of $14.21 and a twelve month high of $23.17. The company has a quick ratio of 1.19, a current ratio of 1.88 and a debt-to-equity ratio of 0.17. The stock’s 50 day moving average is $21.30 and its 200-day moving average is $19.45. The firm has a market capitalization of $2.36 billion, a PE ratio of 33.78 and a beta of 1.38.

    OneSpaWorld (NASDAQ:OSW – Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. OneSpaWorld had a return on equity of 15.93% and a net margin of 7.74%.The company had revenue of $240.73 million for the quarter, compared to analyst estimates of $238.28 million. During the same quarter last year, the company earned $0.20 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. OneSpaWorld has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that OneSpaWorld Holdings Limited will post 0.9 EPS for the current fiscal year.

    OneSpaWorld Announces Dividend

    The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, August 20th. OneSpaWorld’s dividend payout ratio (DPR) is currently 23.53%.

    OneSpaWorld Company Profile

    (Free Report)

    OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.

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    Institutional Ownership by Quarter for OneSpaWorld (NASDAQ:OSW)



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  • Winthrop Capital Management LLC Raises Position in NVIDIA Corporation $NVDA

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    Winthrop Capital Management LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 4.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 42,746 shares of the computer hardware maker’s stock after buying an additional 1,778 shares during the quarter. NVIDIA comprises approximately 1.3% of Winthrop Capital Management LLC’s portfolio, making the stock its 25th biggest holding. Winthrop Capital Management LLC’s holdings in NVIDIA were worth $4,633,000 at the end of the most recent quarter.

    Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Condor Capital Management grew its stake in shares of NVIDIA by 3.6% in the fourth quarter. Condor Capital Management now owns 2,559 shares of the computer hardware maker’s stock worth $344,000 after acquiring an additional 89 shares in the last quarter. High Note Wealth LLC grew its stake in shares of NVIDIA by 0.5% in the first quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker’s stock worth $1,937,000 after acquiring an additional 91 shares in the last quarter. Kelly Financial Services LLC grew its stake in shares of NVIDIA by 2.0% in the first quarter. Kelly Financial Services LLC now owns 4,736 shares of the computer hardware maker’s stock worth $513,000 after acquiring an additional 94 shares in the last quarter. Next Capital Management LLC grew its stake in shares of NVIDIA by 0.8% in the first quarter. Next Capital Management LLC now owns 12,589 shares of the computer hardware maker’s stock worth $1,364,000 after acquiring an additional 94 shares in the last quarter. Finally, Mendel Capital Management LLC grew its stake in shares of NVIDIA by 0.8% in the first quarter. Mendel Capital Management LLC now owns 11,871 shares of the computer hardware maker’s stock worth $1,287,000 after acquiring an additional 96 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

    Insider Transactions at NVIDIA

    In other news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the transaction, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the transaction, the chief executive officer owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,912,440 shares of company stock valued at $902,886,782 over the last ninety days. Corporate insiders own 4.17% of the company’s stock.

    NVIDIA Price Performance

    Shares of NASDAQ:NVDA opened at $174.98 on Friday. The company has a 50-day simple moving average of $166.63 and a 200-day simple moving average of $136.90. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock has a market capitalization of $4.27 trillion, a price-to-earnings ratio of 56.45, a PEG ratio of 1.54 and a beta of 2.14.

    NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business had revenue of $44.06 billion during the quarter, compared to analysts’ expectations of $43.09 billion. During the same period in the previous year, the company posted $0.61 earnings per share. NVIDIA’s quarterly revenue was up 69.2% on a year-over-year basis. NVIDIA has set its Q2 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

    NVIDIA Dividend Announcement

    The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA’s dividend payout ratio is presently 1.29%.

    Wall Street Analysts Forecast Growth

    NVDA has been the subject of several research reports. Barclays boosted their price target on shares of NVIDIA from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 17th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Needham & Company LLC lifted their price objective on shares of NVIDIA from $160.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a research report on Friday, August 1st. Finally, Bank of America lifted their price objective on shares of NVIDIA from $180.00 to $220.00 in a research report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $191.78.

    View Our Latest Report on NVDA

    NVIDIA Profile

    (Free Report)

    NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

    Read More

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    Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)



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  • HighTower Advisors LLC Raises Stock Position in Unum Group $UNM

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    HighTower Advisors LLC lifted its position in Unum Group (NYSE:UNM – Free Report) by 0.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,370 shares of the financial services provider’s stock after buying an additional 201 shares during the period. HighTower Advisors LLC’s holdings in Unum Group were worth $4,918,000 as of its most recent SEC filing.

    A number of other institutional investors and hedge funds have also recently modified their holdings of UNM. Brighton Jones LLC purchased a new position in shares of Unum Group in the 4th quarter worth approximately $247,000. Envestnet Asset Management Inc. increased its stake in Unum Group by 9.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 79,133 shares of the financial services provider’s stock valued at $5,779,000 after purchasing an additional 6,555 shares in the last quarter. XTX Topco Ltd acquired a new position in Unum Group during the 4th quarter valued at approximately $414,000. NewEdge Advisors LLC raised its holdings in shares of Unum Group by 5.7% in the fourth quarter. NewEdge Advisors LLC now owns 6,014 shares of the financial services provider’s stock worth $439,000 after buying an additional 326 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its holdings in shares of Unum Group by 0.5% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 150,145 shares of the financial services provider’s stock worth $10,966,000 after buying an additional 707 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

    Unum Group Stock Performance

    Shares of NYSE UNM opened at $69.0640 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.31. Unum Group has a 12 month low of $52.71 and a 12 month high of $84.48. The company has a 50 day simple moving average of $77.03 and a two-hundred day simple moving average of $78.02. The stock has a market cap of $11.76 billion, a price-to-earnings ratio of 8.26, a PEG ratio of 1.15 and a beta of 0.40.

    Unum Group (NYSE:UNM – Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $2.07 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.16). Unum Group had a net margin of 11.77% and a return on equity of 13.44%. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the previous year, the firm posted $2.16 earnings per share. The business’s revenue was up 4.0% on a year-over-year basis. Unum Group has set its FY 2025 guidance at 8.500-8.50 EPS. As a group, analysts predict that Unum Group will post 9.14 earnings per share for the current year.

    Unum Group Increases Dividend

    The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 25th were paid a $0.46 dividend. The ex-dividend date was Friday, July 25th. This represents a $1.84 annualized dividend and a dividend yield of 2.7%. This is an increase from Unum Group’s previous quarterly dividend of $0.42. Unum Group’s dividend payout ratio (DPR) is presently 22.01%.

    Wall Street Analyst Weigh In

    A number of research firms have issued reports on UNM. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $95.00 price target (down previously from $100.00) on shares of Unum Group in a report on Thursday, July 31st. UBS Group set a $87.00 price target on shares of Unum Group and gave the stock a “neutral” rating in a report on Wednesday, July 30th. Evercore ISI decreased their price target on shares of Unum Group from $100.00 to $96.00 and set an “outperform” rating for the company in a report on Wednesday, July 30th. Wells Fargo & Company decreased their price target on shares of Unum Group from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Finally, Piper Sandler raised their price target on shares of Unum Group from $88.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, July 3rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Unum Group currently has a consensus rating of “Moderate Buy” and an average target price of $91.15.

    Read Our Latest Report on Unum Group

    Unum Group Company Profile

    (Free Report)

    Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.

    Further Reading

    Institutional Ownership by Quarter for Unum Group (NYSE:UNM)



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  • QRG Capital Management Inc. Has $1.60 Million Stock Holdings in The Estée Lauder Companies Inc. (NYSE:EL)

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    QRG Capital Management Inc. raised its stake in The Estée Lauder Companies Inc. (NYSE:EL – Free Report) by 14.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,017 shares of the company’s stock after buying an additional 2,025 shares during the period. QRG Capital Management Inc.’s holdings in Estée Lauder Companies were worth $1,597,000 at the end of the most recent reporting period.

    Other hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Estée Lauder Companies during the second quarter valued at $30,000. PARK CIRCLE Co bought a new position in shares of Estée Lauder Companies during the second quarter valued at $32,000. Kimelman & Baird LLC bought a new position in shares of Estée Lauder Companies during the second quarter valued at $32,000. Crewe Advisors LLC bought a new position in shares of Estée Lauder Companies during the first quarter valued at $35,000. Finally, Chilton Capital Management LLC raised its stake in shares of Estée Lauder Companies by 163.0% during the first quarter. Chilton Capital Management LLC now owns 263 shares of the company’s stock valued at $41,000 after acquiring an additional 163 shares during the last quarter. Institutional investors and hedge funds own 55.15% of the company’s stock.

    Insiders Place Their Bets

    In other Estée Lauder Companies news, Director Charlene Barshefsky sold 3,437 shares of Estée Lauder Companies stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the sale, the director now owns 49,800 shares of the company’s stock, valued at approximately $4,578,114. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CEO Fabrizio Freda sold 10,969 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $67.76, for a total value of $743,259.44. Following the sale, the chief executive officer now owns 295,838 shares of the company’s stock, valued at $20,045,982.88. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Charlene Barshefsky sold 3,437 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total transaction of $315,963.41. Following the completion of the sale, the director now directly owns 49,800 shares in the company, valued at approximately $4,578,114. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,296 shares of company stock valued at $1,423,366. Company insiders own 12.78% of the company’s stock.

    Estée Lauder Companies Stock Up 4.8 %

    Estée Lauder Companies stock opened at $66.31 on Friday. The Estée Lauder Companies Inc. has a fifty-two week low of $62.88 and a fifty-two week high of $159.75. The stock has a market cap of $23.79 billion, a PE ratio of 118.41, a price-to-earnings-growth ratio of 2.36 and a beta of 1.05. The firm’s 50-day simple moving average is $88.41 and its 200 day simple moving average is $104.59. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.90 and a current ratio of 1.32.

    Estée Lauder Companies (NYSE:EL – Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.37 billion. Estée Lauder Companies had a net margin of 1.31% and a return on equity of 17.31%. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. Research analysts predict that The Estée Lauder Companies Inc. will post 2 EPS for the current fiscal year.

    Estée Lauder Companies Cuts Dividend

    The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, November 29th. Estée Lauder Companies’s dividend payout ratio is 471.43%.

    Analyst Ratings Changes

    A number of equities analysts recently weighed in on the stock. B. Riley lowered their target price on shares of Estée Lauder Companies from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Monday. UBS Group lowered their target price on shares of Estée Lauder Companies from $115.00 to $104.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. StockNews.com downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Citigroup downgraded shares of Estée Lauder Companies from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $105.00 to $80.00 in a research note on Thursday, October 31st. Finally, Royal Bank of Canada lowered their target price on shares of Estée Lauder Companies from $131.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Nineteen research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $100.90.

    Get Our Latest Research Report on Estée Lauder Companies

    About Estée Lauder Companies

    (Free Report)

    The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.

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    Institutional Ownership by Quarter for Estée Lauder Companies (NYSE:EL)



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  • QRG Capital Management Inc. Boosts Stock Position in Fifth Third Bancorp (NASDAQ:FITB)

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    QRG Capital Management Inc. increased its position in Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 15.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,858 shares of the financial services provider’s stock after acquiring an additional 9,444 shares during the quarter. QRG Capital Management Inc.’s holdings in Fifth Third Bancorp were worth $3,078,000 at the end of the most recent quarter.

    A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FITB. Park National Corp OH increased its stake in shares of Fifth Third Bancorp by 15.0% in the second quarter. Park National Corp OH now owns 41,503 shares of the financial services provider’s stock worth $1,514,000 after purchasing an additional 5,411 shares in the last quarter. M&G Plc purchased a new stake in Fifth Third Bancorp in the 2nd quarter worth $1,254,000. Plato Investment Management Ltd bought a new stake in Fifth Third Bancorp during the first quarter valued at about $639,000. Russell Investments Group Ltd. lifted its position in shares of Fifth Third Bancorp by 9.1% in the first quarter. Russell Investments Group Ltd. now owns 313,324 shares of the financial services provider’s stock valued at $11,657,000 after acquiring an additional 26,194 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System grew its holdings in Fifth Third Bancorp by 2.2% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 827,625 shares of the financial services provider’s stock valued at $30,796,000 after buying an additional 18,208 shares in the last quarter. Institutional investors own 83.79% of the company’s stock.

    Analyst Ratings Changes

    Several equities analysts have recently commented on FITB shares. StockNews.com downgraded shares of Fifth Third Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday. Argus increased their price objective on shares of Fifth Third Bancorp from $42.00 to $46.00 and gave the company a “buy” rating in a report on Monday, July 22nd. Royal Bank of Canada lifted their target price on Fifth Third Bancorp from $38.00 to $43.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. Baird R W lowered Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 21st. Finally, Morgan Stanley lifted their price objective on Fifth Third Bancorp from $47.00 to $51.00 and gave the stock an “equal weight” rating in a research note on Monday, September 30th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $42.28.

    Check Out Our Latest Stock Analysis on Fifth Third Bancorp

    Fifth Third Bancorp Stock Performance

    Shares of Fifth Third Bancorp stock opened at $46.87 on Thursday. Fifth Third Bancorp has a 52 week low of $24.64 and a 52 week high of $46.90. The company has a market capitalization of $31.72 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 2.07 and a beta of 1.21. The stock’s fifty day moving average is $42.95 and its two-hundred day moving average is $39.89. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.92.

    Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last posted its quarterly earnings results on Friday, October 18th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.05). The company had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.16 billion. Fifth Third Bancorp had a return on equity of 14.58% and a net margin of 16.58%. The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.92 EPS. As a group, analysts expect that Fifth Third Bancorp will post 3.33 earnings per share for the current year.

    Fifth Third Bancorp Increases Dividend

    The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.37 per share. This is an increase from Fifth Third Bancorp’s previous quarterly dividend of $0.35. This represents a $1.48 annualized dividend and a yield of 3.16%. The ex-dividend date was Monday, September 30th. Fifth Third Bancorp’s dividend payout ratio (DPR) is presently 49.17%.

    Insider Buying and Selling at Fifth Third Bancorp

    In other news, EVP Jude Schramm sold 20,000 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $42.00, for a total transaction of $840,000.00. Following the transaction, the executive vice president now owns 114,422 shares of the company’s stock, valued at approximately $4,805,724. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Kristine R. Garrett sold 7,500 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $43.67, for a total transaction of $327,525.00. Following the transaction, the executive vice president now directly owns 55,913 shares in the company, valued at approximately $2,441,720.71. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jude Schramm sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.00, for a total transaction of $840,000.00. Following the completion of the transaction, the executive vice president now directly owns 114,422 shares of the company’s stock, valued at $4,805,724. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.

    Fifth Third Bancorp Profile

    (Free Report)

    Fifth Third Bancorp operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States. It operates through three segments: Commercial Banking, Consumer and Small Business Banking, and Wealth and Asset Management.

    See Also

    Institutional Ownership by Quarter for Fifth Third Bancorp (NASDAQ:FITB)



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  • Creative Financial Designs Inc. ADV Sells 669 Shares of Comcast Co. (NASDAQ:CMCSA)

    Creative Financial Designs Inc. ADV Sells 669 Shares of Comcast Co. (NASDAQ:CMCSA)

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    Creative Financial Designs Inc. ADV cut its holdings in shares of Comcast Co. (NASDAQ:CMCSA – Free Report) by 12.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,907 shares of the cable giant’s stock after selling 669 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Comcast were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

    A number of other hedge funds also recently made changes to their positions in the business. Fairscale Capital LLC purchased a new position in shares of Comcast in the second quarter worth about $26,000. McClarren Financial Advisors Inc. grew its stake in Comcast by 365.4% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 726 shares of the cable giant’s stock valued at $30,000 after buying an additional 570 shares in the last quarter. Iron Horse Wealth Management LLC raised its holdings in Comcast by 220.3% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 759 shares of the cable giant’s stock valued at $32,000 after acquiring an additional 522 shares during the period. IAG Wealth Partners LLC lifted its position in shares of Comcast by 204.7% during the second quarter. IAG Wealth Partners LLC now owns 777 shares of the cable giant’s stock worth $30,000 after acquiring an additional 522 shares in the last quarter. Finally, Archer Investment Corp boosted its holdings in shares of Comcast by 177.1% in the second quarter. Archer Investment Corp now owns 812 shares of the cable giant’s stock worth $32,000 after acquiring an additional 519 shares during the period. 84.32% of the stock is currently owned by institutional investors.

    Wall Street Analysts Forecast Growth

    A number of analysts recently issued reports on the company. Rosenblatt Securities reiterated a “neutral” rating and set a $45.00 price objective on shares of Comcast in a research note on Wednesday, July 24th. KeyCorp raised their price objective on shares of Comcast from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday. Pivotal Research upped their target price on shares of Comcast from $47.00 to $54.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com downgraded shares of Comcast from a “strong-buy” rating to a “buy” rating in a report on Tuesday, September 24th. Finally, Scotiabank upgraded shares of Comcast from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $47.75 to $48.00 in a research report on Friday. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.63.

    Check Out Our Latest Stock Report on CMCSA

    Comcast Price Performance

    Shares of Comcast stock opened at $43.56 on Monday. The firm has a market capitalization of $168.69 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 1.15 and a beta of 1.00. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.14. Comcast Co. has a 12 month low of $36.43 and a 12 month high of $47.11. The business’s 50-day moving average price is $40.80 and its 200-day moving average price is $39.58.

    Comcast (NASDAQ:CMCSA – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The cable giant reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.06. The business had revenue of $32.07 billion for the quarter, compared to analysts’ expectations of $31.78 billion. Comcast had a net margin of 11.92% and a return on equity of 19.81%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period last year, the business earned $1.08 earnings per share. Sell-side analysts forecast that Comcast Co. will post 4.24 EPS for the current fiscal year.

    Comcast Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 8th will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Wednesday, January 8th. Comcast’s payout ratio is presently 33.33%.

    Comcast Profile

    (Free Report)

    Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

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    Institutional Ownership by Quarter for Comcast (NASDAQ:CMCSA)



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  • JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Evermay Wealth Management LLC

    JPMorgan Chase & Co. (NYSE:JPM) Shares Sold by Evermay Wealth Management LLC

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    Evermay Wealth Management LLC cut its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM) by 3.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 20,474 shares of the financial services provider’s stock after selling 751 shares during the period. JPMorgan Chase & Co. accounts for 0.7% of Evermay Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Evermay Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $4,317,000 at the end of the most recent quarter.

    A number of other hedge funds also recently added to or reduced their stakes in JPM. BCGM Wealth Management LLC increased its position in shares of JPMorgan Chase & Co. by 2.8% in the 1st quarter. BCGM Wealth Management LLC now owns 19,061 shares of the financial services provider’s stock valued at $3,818,000 after purchasing an additional 516 shares during the last quarter. Accredited Investors Inc. increased its position in shares of JPMorgan Chase & Co. by 4.9% in the 2nd quarter. Accredited Investors Inc. now owns 14,174 shares of the financial services provider’s stock valued at $2,867,000 after purchasing an additional 667 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of JPMorgan Chase & Co. by 1.4% in the 1st quarter. Bleakley Financial Group LLC now owns 87,063 shares of the financial services provider’s stock valued at $17,439,000 after purchasing an additional 1,173 shares during the last quarter. Sunburst Financial Group LLC increased its position in shares of JPMorgan Chase & Co. by 5.0% in the 2nd quarter. Sunburst Financial Group LLC now owns 5,651 shares of the financial services provider’s stock valued at $1,143,000 after purchasing an additional 268 shares during the last quarter. Finally, Sageworth Trust Co increased its position in shares of JPMorgan Chase & Co. by 37.9% in the 3rd quarter. Sageworth Trust Co now owns 2,860 shares of the financial services provider’s stock valued at $603,000 after purchasing an additional 786 shares during the last quarter. 71.55% of the stock is currently owned by institutional investors and hedge funds.

    JPMorgan Chase & Co. Stock Up 0.5 %

    JPM stock opened at $222.94 on Friday. JPMorgan Chase & Co. has a one year low of $139.23 and a one year high of $226.75. The stock has a market capitalization of $627.65 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 3.28 and a beta of 1.10. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.91 and a current ratio of 0.89. The company has a fifty day moving average of $216.15 and a 200-day moving average of $206.72.

    JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its earnings results on Friday, October 11th. The financial services provider reported $4.37 EPS for the quarter, topping the consensus estimate of $4.02 by $0.35. JPMorgan Chase & Co. had a net margin of 19.64% and a return on equity of 16.71%. The company had revenue of $43.32 billion during the quarter, compared to analysts’ expectations of $41.43 billion. During the same quarter last year, the business earned $4.33 EPS. The business’s revenue was up 6.5% on a year-over-year basis. As a group, analysts expect that JPMorgan Chase & Co. will post 17.52 EPS for the current year.

    JPMorgan Chase & Co. Increases Dividend

    The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 4th were paid a $1.25 dividend. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.15. The ex-dividend date was Friday, October 4th. This represents a $5.00 annualized dividend and a dividend yield of 2.24%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.82%.

    Analysts Set New Price Targets

    A number of brokerages have commented on JPM. Royal Bank of Canada increased their price objective on shares of JPMorgan Chase & Co. from $211.00 to $230.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Citigroup increased their target price on shares of JPMorgan Chase & Co. from $205.00 to $215.00 and gave the company a “neutral” rating in a research report on Monday, July 15th. BMO Capital Markets increased their target price on shares of JPMorgan Chase & Co. from $195.00 to $205.00 and gave the company a “market perform” rating in a research report on Thursday, July 11th. Wolfe Research downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 8th. Finally, Keefe, Bruyette & Woods increased their price target on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 9th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $222.81.

    Read Our Latest Stock Analysis on JPM

    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.

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    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)



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  • MONECO Advisors LLC Sells 4,783 Shares of Meta Platforms, Inc. (NASDAQ:META)

    MONECO Advisors LLC Sells 4,783 Shares of Meta Platforms, Inc. (NASDAQ:META)

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    MONECO Advisors LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 45.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,803 shares of the social networking company’s stock after selling 4,783 shares during the period. MONECO Advisors LLC’s holdings in Meta Platforms were worth $3,322,000 as of its most recent SEC filing.

    Several other large investors have also recently made changes to their positions in the business. Central Valley Advisors LLC grew its stake in Meta Platforms by 0.3% during the 3rd quarter. Central Valley Advisors LLC now owns 5,714 shares of the social networking company’s stock valued at $3,271,000 after purchasing an additional 18 shares during the last quarter. Cherrydale Wealth Management LLC lifted its holdings in shares of Meta Platforms by 0.5% during the third quarter. Cherrydale Wealth Management LLC now owns 3,841 shares of the social networking company’s stock worth $2,199,000 after purchasing an additional 18 shares during the period. Alliance Wealth Advisors LLC boosted its position in Meta Platforms by 0.7% in the third quarter. Alliance Wealth Advisors LLC now owns 2,787 shares of the social networking company’s stock valued at $1,595,000 after buying an additional 18 shares during the last quarter. Kozak & Associates Inc. increased its holdings in Meta Platforms by 1.0% in the 3rd quarter. Kozak & Associates Inc. now owns 1,906 shares of the social networking company’s stock worth $1,099,000 after buying an additional 18 shares during the period. Finally, Capital Advisors Ltd. LLC raised its position in Meta Platforms by 0.5% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 3,560 shares of the social networking company’s stock worth $2,038,000 after buying an additional 18 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

    Meta Platforms Trading Down 0.1 %

    Shares of META opened at $567.16 on Friday. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $555.99 and a 200 day moving average price of $513.03. Meta Platforms, Inc. has a 12-month low of $308.33 and a 12-month high of $602.95. The firm has a market capitalization of $1.43 trillion, a P/E ratio of 26.72, a P/E/G ratio of 1.44 and a beta of 1.22.

    Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The social networking company reported $6.03 EPS for the quarter, beating the consensus estimate of $5.19 by $0.84. Meta Platforms had a net margin of 35.55% and a return on equity of 36.26%. The firm had revenue of $40.59 billion for the quarter, compared to analyst estimates of $40.21 billion. Sell-side analysts forecast that Meta Platforms, Inc. will post 21.47 EPS for the current year.

    Meta Platforms Dividend Announcement

    The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Monday, September 16th were paid a $0.50 dividend. The ex-dividend date was Monday, September 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.35%. Meta Platforms’s payout ratio is presently 9.42%.

    Insider Activity at Meta Platforms

    In other Meta Platforms news, CFO Susan J. Li sold 33,018 shares of Meta Platforms stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $517.94, for a total value of $17,101,342.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Susan J. Li sold 33,018 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $517.94, for a total transaction of $17,101,342.92. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Andrew Bosworth sold 5,057 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $526.76, for a total value of $2,663,825.32. Following the transaction, the chief technology officer now directly owns 11,990 shares of the company’s stock, valued at $6,315,852.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 251,993 shares of company stock worth $133,271,982. 13.71% of the stock is currently owned by company insiders.

    Analysts Set New Price Targets

    A number of analysts have recently weighed in on META shares. Tigress Financial increased their price objective on shares of Meta Platforms from $575.00 to $645.00 and gave the stock a “strong-buy” rating in a research note on Friday, August 16th. Citigroup increased their price target on Meta Platforms from $645.00 to $705.00 and gave the stock a “buy” rating in a research report on Thursday. Wedbush reissued an “outperform” rating and issued a $600.00 price objective on shares of Meta Platforms in a report on Thursday, September 26th. Morgan Stanley raised their target price on Meta Platforms from $550.00 to $575.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $570.00 price target on shares of Meta Platforms in a research report on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, thirty-five have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average target price of $634.10.

    Get Our Latest Report on META

    Meta Platforms Profile

    (Free Report)

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

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



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  • First Trust Direct Indexing L.P. Buys 855 Shares of Ecolab Inc. (NYSE:ECL)

    First Trust Direct Indexing L.P. Buys 855 Shares of Ecolab Inc. (NYSE:ECL)

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    First Trust Direct Indexing L.P. raised its holdings in Ecolab Inc. (NYSE:ECL – Free Report) by 15.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,224 shares of the basic materials company’s stock after purchasing an additional 855 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Ecolab were worth $1,589,000 at the end of the most recent reporting period.

    Other institutional investors have also recently bought and sold shares of the company. Triad Wealth Partners LLC bought a new position in Ecolab in the 2nd quarter valued at $26,000. PSI Advisors LLC bought a new position in Ecolab in the 2nd quarter valued at $27,000. Kings Path Partners LLC bought a new position in Ecolab in the 2nd quarter valued at $27,000. LRI Investments LLC bought a new position in Ecolab in the 1st quarter valued at $31,000. Finally, Meeder Asset Management Inc. bought a new position in Ecolab in the 2nd quarter valued at $33,000. Institutional investors own 74.91% of the company’s stock.

    Ecolab Stock Performance

    Shares of Ecolab stock opened at $245.70 on Friday. The firm has a market cap of $69.91 billion, a price-to-earnings ratio of 41.22, a price-to-earnings-growth ratio of 2.61 and a beta of 1.13. The stock’s 50-day moving average is $252.69 and its 200-day moving average is $241.61. Ecolab Inc. has a one year low of $159.15 and a one year high of $262.61. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.50 and a quick ratio of 1.10.

    Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The basic materials company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.01. The company had revenue of $3.99 billion for the quarter, compared to analyst estimates of $4.03 billion. Ecolab had a return on equity of 21.65% and a net margin of 10.95%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.24 earnings per share. Equities analysts predict that Ecolab Inc. will post 6.65 earnings per share for the current fiscal year.

    Analyst Ratings Changes

    Several equities research analysts have recently commented on ECL shares. BMO Capital Markets lifted their target price on Ecolab from $260.00 to $279.00 and gave the company a “market perform” rating in a research note on Wednesday. Robert W. Baird lifted their target price on Ecolab from $271.00 to $279.00 and gave the company a “neutral” rating in a research note on Wednesday. Citigroup raised Ecolab from a “neutral” rating to a “buy” rating and lowered their target price for the company from $267.00 to $265.00 in a research note on Wednesday, July 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $306.00 target price on shares of Ecolab in a research note on Wednesday. Finally, Piper Sandler lifted their target price on Ecolab from $270.00 to $305.00 and gave the company an “overweight” rating in a research note on Thursday, September 26th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $277.20.

    Read Our Latest Stock Report on ECL

    Insider Activity

    In related news, EVP Gregory B. Cook sold 3,811 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $249.33, for a total transaction of $950,196.63. Following the sale, the executive vice president now owns 8,080 shares in the company, valued at approximately $2,014,586.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Gregory B. Cook sold 3,811 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $249.33, for a total transaction of $950,196.63. Following the sale, the executive vice president now owns 8,080 shares in the company, valued at approximately $2,014,586.40. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Victoria Reich sold 393 shares of the company’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $250.00, for a total value of $98,250.00. Following the sale, the director now owns 24,041 shares in the company, valued at $6,010,250. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.50% of the company’s stock.

    Ecolab Profile

    (Free Report)

    Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.

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    Institutional Ownership by Quarter for Ecolab (NYSE:ECL)



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  • Diversify Advisory Services LLC Acquires 110 Shares of The Boeing Company (NYSE:BA)

    Diversify Advisory Services LLC Acquires 110 Shares of The Boeing Company (NYSE:BA)

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    Diversify Advisory Services LLC boosted its holdings in shares of The Boeing Company (NYSE:BA – Free Report) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,415 shares of the aircraft producer’s stock after purchasing an additional 110 shares during the quarter. Diversify Advisory Services LLC’s holdings in Boeing were worth $1,026,000 at the end of the most recent quarter.

    Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kiely Wealth Advisory Group Inc. bought a new stake in Boeing during the 2nd quarter valued at approximately $33,000. Hobbs Group Advisors LLC bought a new stake in Boeing in the 2nd quarter worth approximately $34,000. McClarren Financial Advisors Inc. increased its stake in Boeing by 451.4% in the 1st quarter. McClarren Financial Advisors Inc. now owns 193 shares of the aircraft producer’s stock worth $37,000 after acquiring an additional 158 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in Boeing by 351.1% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 212 shares of the aircraft producer’s stock worth $39,000 after acquiring an additional 165 shares during the last quarter. Finally, 1620 Investment Advisors Inc. bought a new stake in Boeing in the 2nd quarter worth approximately $39,000. Institutional investors own 64.82% of the company’s stock.

    Boeing Trading Up 0.8 %

    Shares of BA stock opened at $154.24 on Thursday. The Boeing Company has a twelve month low of $146.02 and a twelve month high of $267.54. The stock has a market capitalization of $94.69 billion, a price-to-earnings ratio of -43.45 and a beta of 1.57. The stock has a fifty day simple moving average of $158.34 and a two-hundred day simple moving average of $171.24.

    Boeing (NYSE:BA – Get Free Report) last issued its earnings results on Wednesday, October 23rd. The aircraft producer reported ($10.44) earnings per share for the quarter, missing the consensus estimate of ($10.34) by ($0.10). The business had revenue of $17.84 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period last year, the company earned ($3.26) EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. Research analysts predict that The Boeing Company will post -5.35 EPS for the current fiscal year.

    Analyst Ratings Changes

    BA has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their price objective on Boeing from $235.00 to $195.00 and set an “overweight” rating on the stock in a research note on Monday, October 14th. Wells Fargo & Company reduced their price objective on Boeing from $109.00 to $86.00 and set an “underweight” rating on the stock in a research note on Thursday, October 24th. Sanford C. Bernstein downgraded Boeing from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $195.00 to $169.00 in a research note on Wednesday. UBS Group cut their target price on Boeing from $215.00 to $195.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Finally, Stifel Nicolaus boosted their target price on Boeing from $230.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Boeing has an average rating of “Hold” and an average price target of $190.42.

    View Our Latest Stock Analysis on BA

    Boeing Company Profile

    (Free Report)

    The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

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    Institutional Ownership by Quarter for Boeing (NYSE:BA)



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  • Diversify Advisory Services LLC Lowers Stake in Consolidated Edison, Inc. (NYSE:ED)

    Diversify Advisory Services LLC Lowers Stake in Consolidated Edison, Inc. (NYSE:ED)

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    Diversify Advisory Services LLC reduced its holdings in shares of Consolidated Edison, Inc. (NYSE:ED – Free Report) by 18.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,136 shares of the utilities provider’s stock after selling 1,191 shares during the period. Diversify Advisory Services LLC’s holdings in Consolidated Edison were worth $543,000 as of its most recent filing with the SEC.

    Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Retirement Planning Co of New England Inc. boosted its holdings in shares of Consolidated Edison by 4.2% in the second quarter. Retirement Planning Co of New England Inc. now owns 2,501 shares of the utilities provider’s stock valued at $224,000 after acquiring an additional 100 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Consolidated Edison by 13.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 868 shares of the utilities provider’s stock valued at $78,000 after acquiring an additional 100 shares in the last quarter. Brookstone Capital Management boosted its holdings in shares of Consolidated Edison by 0.6% in the third quarter. Brookstone Capital Management now owns 24,173 shares of the utilities provider’s stock valued at $2,517,000 after acquiring an additional 136 shares in the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of Consolidated Edison by 2.6% in the second quarter. Checchi Capital Advisers LLC now owns 5,627 shares of the utilities provider’s stock valued at $503,000 after acquiring an additional 141 shares in the last quarter. Finally, Center For Asset Management LLC boosted its holdings in shares of Consolidated Edison by 3.5% in the second quarter. Center For Asset Management LLC now owns 4,358 shares of the utilities provider’s stock valued at $390,000 after acquiring an additional 147 shares in the last quarter. 66.29% of the stock is owned by hedge funds and other institutional investors.

    Wall Street Analyst Weigh In

    Several analysts have recently weighed in on ED shares. Jefferies Financial Group started coverage on shares of Consolidated Edison in a report on Wednesday, October 9th. They issued a “hold” rating and a $108.00 target price on the stock. UBS Group lifted their target price on shares of Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Scotiabank raised their price objective on shares of Consolidated Edison from $85.00 to $90.00 and gave the company a “sector underperform” rating in a research note on Tuesday, August 20th. Wells Fargo & Company raised their price objective on shares of Consolidated Edison from $97.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley raised their price objective on shares of Consolidated Edison from $82.00 to $87.00 and gave the company an “underweight” rating in a research note on Wednesday, September 25th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $98.73.

    View Our Latest Research Report on ED

    Consolidated Edison Stock Performance

    Shares of NYSE ED opened at $102.74 on Thursday. The company has a market cap of $35.53 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 3.57 and a beta of 0.36. Consolidated Edison, Inc. has a 12 month low of $85.85 and a 12 month high of $107.75. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.04 and a quick ratio of 0.97. The company has a 50-day simple moving average of $103.54 and a 200-day simple moving average of $97.50.

    Consolidated Edison (NYSE:ED – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The utilities provider reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.08 billion. Consolidated Edison had a net margin of 12.03% and a return on equity of 8.67%. During the same period in the previous year, the firm posted $0.61 earnings per share. On average, equities analysts anticipate that Consolidated Edison, Inc. will post 5.3 earnings per share for the current year.

    Consolidated Edison Dividend Announcement

    The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.83 per share. The ex-dividend date is Wednesday, November 13th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 3.23%. Consolidated Edison’s dividend payout ratio (DPR) is presently 63.72%.

    About Consolidated Edison

    (Free Report)

    Consolidated Edison, Inc, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan.

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    Institutional Ownership by Quarter for Consolidated Edison (NYSE:ED)



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  • NorthCrest Asset Manangement LLC Raises Holdings in JPMorgan Chase & Co. (NYSE:JPM)

    NorthCrest Asset Manangement LLC Raises Holdings in JPMorgan Chase & Co. (NYSE:JPM)

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    NorthCrest Asset Manangement LLC lifted its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 231,172 shares of the financial services provider’s stock after acquiring an additional 2,116 shares during the quarter. JPMorgan Chase & Co. makes up approximately 1.5% of NorthCrest Asset Manangement LLC’s holdings, making the stock its 8th biggest holding. NorthCrest Asset Manangement LLC’s holdings in JPMorgan Chase & Co. were worth $48,745,000 at the end of the most recent reporting period.

    Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Chase & Co. in the third quarter valued at about $1,888,088,000. Swedbank AB bought a new stake in shares of JPMorgan Chase & Co. in the 1st quarter valued at about $800,130,000. Capital Research Global Investors raised its holdings in shares of JPMorgan Chase & Co. by 23.3% in the 1st quarter. Capital Research Global Investors now owns 17,200,124 shares of the financial services provider’s stock valued at $3,445,185,000 after purchasing an additional 3,252,451 shares in the last quarter. Wulff Hansen & CO. lifted its position in shares of JPMorgan Chase & Co. by 19,920.7% in the 2nd quarter. Wulff Hansen & CO. now owns 2,801,503 shares of the financial services provider’s stock worth $566,632,000 after purchasing an additional 2,787,510 shares during the period. Finally, Granite Bay Wealth Management LLC boosted its stake in shares of JPMorgan Chase & Co. by 6,239.1% during the second quarter. Granite Bay Wealth Management LLC now owns 1,418,572 shares of the financial services provider’s stock valued at $277,456,000 after purchasing an additional 1,396,194 shares in the last quarter. Institutional investors own 71.55% of the company’s stock.

    Wall Street Analysts Forecast Growth

    JPM has been the topic of several recent research reports. Daiwa Capital Markets dropped their target price on JPMorgan Chase & Co. from $240.00 to $235.00 and set an “overweight” rating on the stock in a research report on Thursday, October 10th. Barclays boosted their target price on shares of JPMorgan Chase & Co. from $217.00 to $257.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Wells Fargo & Company raised their price target on shares of JPMorgan Chase & Co. from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Monday, July 15th. Keefe, Bruyette & Woods boosted their price objective on shares of JPMorgan Chase & Co. from $209.00 to $211.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 9th. Finally, Oppenheimer decreased their target price on shares of JPMorgan Chase & Co. from $234.00 to $232.00 and set an “outperform” rating for the company in a research report on Monday, October 14th. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and an average target price of $217.94.

    Read Our Latest Analysis on JPMorgan Chase & Co.

    JPMorgan Chase & Co. Stock Down 1.2 %

    JPMorgan Chase & Co. stock opened at $222.90 on Wednesday. The business’s 50-day simple moving average is $215.76 and its two-hundred day simple moving average is $206.02. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $640.09 billion, a PE ratio of 12.43, a PEG ratio of 3.28 and a beta of 1.11. JPMorgan Chase & Co. has a fifty-two week low of $136.04 and a fifty-two week high of $226.75.

    JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Friday, October 11th. The financial services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.35. JPMorgan Chase & Co. had a return on equity of 17.26% and a net margin of 20.32%. The firm had revenue of $43.32 billion for the quarter, compared to analyst estimates of $41.43 billion. During the same quarter in the prior year, the firm earned $4.33 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities analysts anticipate that JPMorgan Chase & Co. will post 16.75 EPS for the current year.

    JPMorgan Chase & Co. Increases Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Friday, October 4th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, October 4th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.24%. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.15. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.89%.

    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.

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



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

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

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

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

    Visa Trading Up 0.9 %

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

    Analyst Ratings Changes

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

    View Our Latest Stock Analysis on Visa

    Insider Transactions at Visa

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

    Visa Profile

    (Free Report)

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

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    Institutional Ownership by Quarter for Visa (NYSE:V)



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