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Tag: Institutional Investor Holdings

  • Ford Motor (NYSE:F) Shares Sold by Highland Capital Management LLC

    Ford Motor (NYSE:F) Shares Sold by Highland Capital Management LLC

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    Highland Capital Management LLC trimmed its position in shares of Ford Motor (NYSE:F – Free Report) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,461 shares of the auto manufacturer’s stock after selling 925 shares during the period. Highland Capital Management LLC’s holdings in Ford Motor were worth $227,000 at the end of the most recent reporting period.

    A number of other large investors have also added to or reduced their stakes in the company. Olistico Wealth LLC bought a new position in Ford Motor during the 2nd quarter valued at $25,000. Family Firm Inc. bought a new position in Ford Motor during the 2nd quarter valued at $26,000. Quarry LP bought a new position in Ford Motor during the 2nd quarter valued at $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor in the 2nd quarter worth about $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor in the 2nd quarter worth about $30,000. 58.74% of the stock is owned by institutional investors and hedge funds.

    Wall Street Analysts Forecast Growth

    A number of research analysts have recently issued reports on F shares. Royal Bank of Canada reduced their price target on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. StockNews.com upgraded shares of Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Barclays reduced their price target on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 15th. Finally, Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $12.56.

    Check Out Our Latest Analysis on Ford Motor

    Ford Motor Stock Down 1.5 %

    Ford Motor stock opened at $11.07 on Monday. The stock has a market cap of $44.20 billion, a price-to-earnings ratio of 11.41, a PEG ratio of 1.58 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The company’s 50-day moving average price is $10.83 and its two-hundred day moving average price is $11.68. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

    About Ford Motor

    (Free Report)

    Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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    Institutional Ownership by Quarter for Ford Motor (NYSE:F)



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  • Norfolk Southern Co. (NYSE:NSC) Shares Bought by Dakota Wealth Management

    Norfolk Southern Co. (NYSE:NSC) Shares Bought by Dakota Wealth Management

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    Dakota Wealth Management grew its holdings in Norfolk Southern Co. (NYSE:NSC – Free Report) by 2.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,206 shares of the railroad operator’s stock after buying an additional 150 shares during the quarter. Dakota Wealth Management’s holdings in Norfolk Southern were worth $1,791,000 as of its most recent SEC filing.

    Several other large investors have also made changes to their positions in the business. Boston Partners boosted its holdings in Norfolk Southern by 157.1% in the 1st quarter. Boston Partners now owns 2,890,665 shares of the railroad operator’s stock worth $735,749,000 after buying an additional 1,766,135 shares during the last quarter. Vanguard Group Inc. boosted its stake in Norfolk Southern by 5.9% during the 1st quarter. Vanguard Group Inc. now owns 19,623,690 shares of the railroad operator’s stock worth $5,001,490,000 after purchasing an additional 1,088,072 shares during the last quarter. American Century Companies Inc. raised its position in shares of Norfolk Southern by 17.3% in the second quarter. American Century Companies Inc. now owns 3,356,590 shares of the railroad operator’s stock valued at $720,626,000 after buying an additional 496,088 shares during the last quarter. EdgePoint Investment Group Inc. boosted its position in Norfolk Southern by 10.2% during the first quarter. EdgePoint Investment Group Inc. now owns 3,752,050 shares of the railroad operator’s stock worth $956,285,000 after acquiring an additional 347,852 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in Norfolk Southern by 23,037.4% in the 3rd quarter. International Assets Investment Management LLC now owns 349,143 shares of the railroad operator’s stock valued at $86,762,000 after acquiring an additional 347,634 shares during the last quarter. 75.10% of the stock is owned by institutional investors and hedge funds.

    Wall Street Analysts Forecast Growth

    NSC has been the subject of a number of recent research reports. Evercore ISI cut their target price on Norfolk Southern from $276.00 to $274.00 and set an “outperform” rating for the company in a research note on Wednesday. Barclays increased their price target on shares of Norfolk Southern from $275.00 to $290.00 and gave the company an “overweight” rating in a research note on Wednesday. Stephens reiterated an “equal weight” rating and issued a $263.00 price objective on shares of Norfolk Southern in a research report on Wednesday. Sanford C. Bernstein upped their price target on Norfolk Southern from $285.00 to $286.00 and gave the company an “outperform” rating in a research note on Wednesday, October 9th. Finally, Loop Capital increased their target price on shares of Norfolk Southern from $285.00 to $287.00 and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, Norfolk Southern has an average rating of “Moderate Buy” and a consensus price target of $274.16.

    Check Out Our Latest Stock Report on NSC

    Norfolk Southern Stock Performance

    NYSE:NSC opened at $251.09 on Friday. Norfolk Southern Co. has a 52 week low of $183.76 and a 52 week high of $263.66. The company has a fifty day simple moving average of $249.22 and a two-hundred day simple moving average of $237.00. The company has a quick ratio of 0.54, a current ratio of 0.73 and a debt-to-equity ratio of 1.21. The company has a market cap of $56.77 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 2.48 and a beta of 1.31.

    Norfolk Southern (NYSE:NSC – Get Free Report) last released its earnings results on Tuesday, October 22nd. The railroad operator reported $3.25 EPS for the quarter, topping the consensus estimate of $3.11 by $0.14. The firm had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Norfolk Southern had a return on equity of 20.25% and a net margin of 19.85%. Norfolk Southern’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.65 EPS. As a group, equities analysts anticipate that Norfolk Southern Co. will post 11.78 earnings per share for the current fiscal year.

    Norfolk Southern Announces Dividend

    The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Friday, November 1st will be paid a dividend of $1.35 per share. The ex-dividend date is Friday, November 1st. This represents a $5.40 dividend on an annualized basis and a dividend yield of 2.15%. Norfolk Southern’s payout ratio is 50.70%.

    Insider Activity at Norfolk Southern

    In other Norfolk Southern news, EVP Nabanita C. Nag sold 355 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $249.38, for a total transaction of $88,529.90. Following the completion of the transaction, the executive vice president now owns 1,488 shares in the company, valued at $371,077.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Alan H. Shaw sold 51,325 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $255.98, for a total transaction of $13,138,173.50. Following the sale, the chief executive officer now owns 35,045 shares of the company’s stock, valued at approximately $8,970,819.10. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Nabanita C. Nag sold 355 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $249.38, for a total value of $88,529.90. Following the sale, the executive vice president now owns 1,488 shares of the company’s stock, valued at approximately $371,077.44. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have bought a total of 3,700 shares of company stock valued at $921,565 over the last 90 days. 0.19% of the stock is owned by corporate insiders.

    Norfolk Southern Profile

    (Free Report)

    Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.

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    Institutional Ownership by Quarter for Norfolk Southern (NYSE:NSC)



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  • Mount Yale Investment Advisors LLC Has $791,000 Holdings in Thermo Fisher Scientific Inc. (NYSE:TMO)

    Mount Yale Investment Advisors LLC Has $791,000 Holdings in Thermo Fisher Scientific Inc. (NYSE:TMO)

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    Mount Yale Investment Advisors LLC decreased its position in Thermo Fisher Scientific Inc. (NYSE:TMO – Free Report) by 23.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,278 shares of the medical research company’s stock after selling 381 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Thermo Fisher Scientific were worth $791,000 at the end of the most recent quarter.

    A number of other large investors have also recently bought and sold shares of the business. Signature Resources Capital Management LLC boosted its position in shares of Thermo Fisher Scientific by 318.2% during the 2nd quarter. Signature Resources Capital Management LLC now owns 46 shares of the medical research company’s stock valued at $25,000 after purchasing an additional 35 shares in the last quarter. New Millennium Group LLC acquired a new position in Thermo Fisher Scientific in the second quarter valued at approximately $29,000. Stephens Consulting LLC boosted its holdings in shares of Thermo Fisher Scientific by 116.0% during the 2nd quarter. Stephens Consulting LLC now owns 54 shares of the medical research company’s stock worth $30,000 after buying an additional 29 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of Thermo Fisher Scientific in the 1st quarter valued at $32,000. Finally, Bank & Trust Co acquired a new position in shares of Thermo Fisher Scientific during the 2nd quarter valued at $33,000. 89.23% of the stock is currently owned by institutional investors and hedge funds.

    Insider Activity

    In related news, CEO Marc N. Casper sold 6,300 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $602.09, for a total value of $3,793,167.00. Following the sale, the chief executive officer now directly owns 123,816 shares in the company, valued at approximately $74,548,375.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Marc N. Casper sold 6,300 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $602.09, for a total transaction of $3,793,167.00. Following the sale, the chief executive officer now directly owns 123,816 shares in the company, valued at approximately $74,548,375.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Marc N. Casper sold 10,000 shares of Thermo Fisher Scientific stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $617.21, for a total transaction of $6,172,100.00. Following the completion of the transaction, the chief executive officer now owns 123,816 shares of the company’s stock, valued at $76,420,473.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.34% of the company’s stock.

    Analyst Upgrades and Downgrades

    TMO has been the subject of a number of research reports. Barclays reduced their price target on shares of Thermo Fisher Scientific from $620.00 to $610.00 and set an “equal weight” rating for the company in a report on Wednesday. Wells Fargo & Company dropped their price target on Thermo Fisher Scientific from $670.00 to $660.00 and set an “overweight” rating on the stock in a research note on Thursday. Stephens initiated coverage on Thermo Fisher Scientific in a report on Tuesday, October 1st. They set an “overweight” rating and a $680.00 price objective for the company. Morgan Stanley lifted their price target on shares of Thermo Fisher Scientific from $655.00 to $680.00 and gave the company an “overweight” rating in a research report on Friday, September 20th. Finally, Bernstein Bank upped their price objective on shares of Thermo Fisher Scientific from $565.00 to $625.00 and gave the stock a “market perform” rating in a report on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $649.33.

    Check Out Our Latest Stock Report on Thermo Fisher Scientific

    Thermo Fisher Scientific Price Performance

    TMO opened at $554.38 on Friday. The firm has a market cap of $211.77 billion, a P/E ratio of 34.39, a PEG ratio of 3.75 and a beta of 0.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.37 and a current ratio of 1.72. Thermo Fisher Scientific Inc. has a fifty-two week low of $420.21 and a fifty-two week high of $627.88. The firm has a 50-day moving average of $605.12 and a 200 day moving average of $584.00.

    Thermo Fisher Scientific (NYSE:TMO – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The medical research company reported $5.28 EPS for the quarter, topping analysts’ consensus estimates of $5.25 by $0.03. Thermo Fisher Scientific had a net margin of 14.69% and a return on equity of 18.22%. The company had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.63 billion. During the same quarter in the previous year, the firm posted $5.69 EPS. Thermo Fisher Scientific’s revenue was up .2% on a year-over-year basis. On average, research analysts expect that Thermo Fisher Scientific Inc. will post 21.72 EPS for the current year.

    Thermo Fisher Scientific Profile

    (Free Report)

    Thermo Fisher Scientific Inc provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company’s Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

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    Institutional Ownership by Quarter for Thermo Fisher Scientific (NYSE:TMO)



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  • Mount Yale Investment Advisors LLC Has $948,000 Position in Starbucks Co. (NASDAQ:SBUX)

    Mount Yale Investment Advisors LLC Has $948,000 Position in Starbucks Co. (NASDAQ:SBUX)

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    Mount Yale Investment Advisors LLC lessened its holdings in shares of Starbucks Co. (NASDAQ:SBUX – Free Report) by 58.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 9,723 shares of the coffee company’s stock after selling 13,437 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Starbucks were worth $948,000 at the end of the most recent reporting period.

    A number of other hedge funds and other institutional investors also recently made changes to their positions in SBUX. Strategic Investment Solutions Inc. IL bought a new stake in Starbucks during the 2nd quarter worth about $25,000. New Millennium Group LLC bought a new position in shares of Starbucks in the second quarter worth about $26,000. Stephens Consulting LLC lifted its position in shares of Starbucks by 498.2% during the second quarter. Stephens Consulting LLC now owns 335 shares of the coffee company’s stock worth $26,000 after purchasing an additional 279 shares in the last quarter. Hobbs Group Advisors LLC bought a new stake in shares of Starbucks during the second quarter valued at approximately $27,000. Finally, Olistico Wealth LLC acquired a new stake in shares of Starbucks in the second quarter valued at approximately $31,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

    Starbucks Trading Up 0.2 %

    Shares of NASDAQ SBUX opened at $97.31 on Friday. The company has a fifty day moving average price of $95.43 and a 200 day moving average price of $84.98. The firm has a market cap of $110.22 billion, a PE ratio of 26.81, a PEG ratio of 2.14 and a beta of 0.97. Starbucks Co. has a 1-year low of $71.55 and a 1-year high of $107.66.

    Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings data on Tuesday, July 30th. The coffee company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. Starbucks had a negative return on equity of 49.38% and a net margin of 11.16%. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $9.25 billion. During the same period in the prior year, the firm earned $1.00 earnings per share. Starbucks’s revenue for the quarter was down .6% compared to the same quarter last year. Equities research analysts forecast that Starbucks Co. will post 3.55 EPS for the current year.

    Starbucks Increases Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.61 dividend. The ex-dividend date is Friday, November 15th. This is an increase from Starbucks’s previous quarterly dividend of $0.57. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.51%. Starbucks’s dividend payout ratio (DPR) is 67.22%.

    Wall Street Analysts Forecast Growth

    Several research analysts have issued reports on the company. Evercore ISI raised Starbucks from an “in-line” rating to an “outperform” rating and upped their price objective for the stock from $80.00 to $120.00 in a report on Wednesday, August 14th. BMO Capital Markets upped their price target on Starbucks from $100.00 to $110.00 and gave the company an “outperform” rating in a research note on Monday, September 9th. DZ Bank lowered Starbucks from a “hold” rating to a “sell” rating and set a $85.00 price objective for the company. in a research report on Wednesday, August 21st. TD Cowen restated a “buy” rating and set a $110.00 target price on shares of Starbucks in a research report on Wednesday. Finally, Piper Sandler raised shares of Starbucks from a “neutral” rating to an “overweight” rating and raised their target price for the company from $85.00 to $103.00 in a research note on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $102.48.

    Check Out Our Latest Report on Starbucks

    Insider Transactions at Starbucks

    In other Starbucks news, Director Jorgen Vig Knudstorp purchased 380 shares of the stock in a transaction on Friday, September 6th. The shares were purchased at an average cost of $91.50 per share, for a total transaction of $34,770.00. Following the purchase, the director now owns 36,242 shares of the company’s stock, valued at approximately $3,316,143. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jorgen Vig Knudstorp purchased 380 shares of the stock in a transaction on Friday, September 6th. The shares were purchased at an average price of $91.50 per share, with a total value of $34,770.00. Following the transaction, the director now directly owns 36,242 shares of the company’s stock, valued at $3,316,143. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Aaron Conway sold 3,250 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $94.03, for a total value of $305,597.50. Following the completion of the sale, the chief executive officer now directly owns 75,054 shares of the company’s stock, valued at approximately $7,057,327.62. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.98% of the stock is currently owned by insiders.

    Starbucks Profile

    (Free Report)

    Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

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    Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)



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  • Hennion & Walsh Asset Management Inc. Buys 6,712 Shares of Lennar Co. (NYSE:LEN)

    Hennion & Walsh Asset Management Inc. Buys 6,712 Shares of Lennar Co. (NYSE:LEN)

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    Hennion & Walsh Asset Management Inc. boosted its stake in shares of Lennar Co. (NYSE:LEN – Free Report) by 53.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,216 shares of the construction company’s stock after acquiring an additional 6,712 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Lennar were worth $3,603,000 as of its most recent SEC filing.

    Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oakworth Capital Inc. acquired a new position in shares of Lennar in the 3rd quarter worth approximately $27,000. Wolff Wiese Magana LLC boosted its stake in Lennar by 933.3% in the third quarter. Wolff Wiese Magana LLC now owns 155 shares of the construction company’s stock worth $29,000 after purchasing an additional 140 shares in the last quarter. J.Safra Asset Management Corp bought a new stake in shares of Lennar during the first quarter worth $30,000. Asset Dedication LLC increased its stake in shares of Lennar by 4,225.0% in the third quarter. Asset Dedication LLC now owns 173 shares of the construction company’s stock valued at $32,000 after buying an additional 169 shares in the last quarter. Finally, New Covenant Trust Company N.A. acquired a new position in Lennar during the 1st quarter worth about $32,000. 81.10% of the stock is owned by institutional investors.

    Lennar Price Performance

    Lennar stock opened at $175.94 on Friday. Lennar Co. has a one year low of $102.90 and a one year high of $193.80. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.90 and a quick ratio of 0.98. The stock’s 50 day moving average is $181.94 and its 200 day moving average is $167.02. The firm has a market cap of $48.31 billion, a P/E ratio of 11.96, a P/E/G ratio of 1.68 and a beta of 1.61.

    Lennar (NYSE:LEN – Get Free Report) last issued its earnings results on Thursday, September 19th. The construction company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.62 by $0.28. Lennar had a return on equity of 15.47% and a net margin of 11.51%. The business had revenue of $9.42 billion during the quarter, compared to analyst estimates of $9.14 billion. During the same period in the previous year, the company posted $3.91 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. As a group, research analysts expect that Lennar Co. will post 14.28 EPS for the current year.

    Lennar Dividend Announcement

    The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Wednesday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.14%. The ex-dividend date of this dividend was Wednesday, October 9th. Lennar’s dividend payout ratio (DPR) is 13.60%.

    Analysts Set New Price Targets

    A number of brokerages have weighed in on LEN. Evercore ISI dropped their target price on shares of Lennar from $240.00 to $236.00 and set an “outperform” rating for the company in a research note on Monday, September 23rd. Barclays boosted their target price on Lennar from $177.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday, September 23rd. Zelman & Associates upgraded Lennar from a “neutral” rating to an “outperform” rating in a report on Monday, September 23rd. Keefe, Bruyette & Woods upped their target price on shares of Lennar from $183.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, September 4th. Finally, Bank Of America (Bofa) lifted their price target on shares of Lennar from $171.00 to $190.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $181.11.

    Check Out Our Latest Research Report on LEN

    Lennar Profile

    (Free Report)

    Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

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    Institutional Ownership by Quarter for Lennar (NYSE:LEN)



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  • American Express (NYSE:AXP) Shares Sold by Lake Street Private Wealth LLC

    American Express (NYSE:AXP) Shares Sold by Lake Street Private Wealth LLC

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    Lake Street Private Wealth LLC trimmed its stake in shares of American Express (NYSE:AXP) by 72.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,821 shares of the payment services company’s stock after selling 4,732 shares during the quarter. Lake Street Private Wealth LLC’s holdings in American Express were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

    Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cetera Advisors LLC lifted its holdings in shares of American Express by 119.6% during the first quarter. Cetera Advisors LLC now owns 39,497 shares of the payment services company’s stock worth $8,993,000 after purchasing an additional 21,508 shares during the period. Empowered Funds LLC lifted its stake in shares of American Express by 102.9% in the 1st quarter. Empowered Funds LLC now owns 12,480 shares of the payment services company’s stock worth $2,842,000 after acquiring an additional 6,329 shares during the period. Sciencast Management LP purchased a new stake in shares of American Express in the first quarter valued at about $1,881,000. Oliver Lagore Vanvalin Investment Group increased its stake in shares of American Express by 2,196.4% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 8,244 shares of the payment services company’s stock worth $1,909,000 after acquiring an additional 7,885 shares during the period. Finally, New Mexico Educational Retirement Board lifted its position in American Express by 15.5% in the first quarter. New Mexico Educational Retirement Board now owns 35,763 shares of the payment services company’s stock valued at $8,143,000 after purchasing an additional 4,800 shares during the period. 84.33% of the stock is currently owned by hedge funds and other institutional investors.

    American Express Price Performance

    American Express stock opened at $271.22 on Thursday. The firm’s 50-day moving average is $263.16 and its two-hundred day moving average is $244.92. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market capitalization of $195.09 billion, a P/E ratio of 22.34, a P/E/G ratio of 1.50 and a beta of 1.21. American Express has a 12-month low of $141.02 and a 12-month high of $286.36.

    American Express (NYSE:AXP – Get Free Report) last announced its earnings results on Friday, October 18th. The payment services company reported $3.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.27 by $0.22. The firm had revenue of $16.64 billion for the quarter, compared to analyst estimates of $16.68 billion. American Express had a net margin of 15.53% and a return on equity of 32.94%. American Express’s revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business earned $3.30 earnings per share. Equities analysts predict that American Express will post 13.14 earnings per share for the current year.

    American Express Announces Dividend

    The firm also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Friday, October 4th will be paid a $0.70 dividend. The ex-dividend date is Friday, October 4th. This represents a $2.80 annualized dividend and a yield of 1.03%. American Express’s payout ratio is currently 23.06%.

    Wall Street Analyst Weigh In

    AXP has been the subject of a number of analyst reports. Monness Crespi & Hardt increased their target price on American Express from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. Keefe, Bruyette & Woods increased their price objective on American Express from $265.00 to $280.00 and gave the stock an “outperform” rating in a research report on Monday, July 8th. Royal Bank of Canada boosted their target price on shares of American Express from $265.00 to $267.00 and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Evercore ISI increased their price target on shares of American Express from $275.00 to $290.00 and gave the company an “in-line” rating in a report on Monday, October 7th. Finally, Morgan Stanley upped their target price on shares of American Express from $248.00 to $252.00 and gave the stock an “equal weight” rating in a research report on Monday. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $244.58.

    View Our Latest Stock Analysis on AXP

    About American Express

    (Free Report)

    American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services.

    Further Reading

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    Institutional Ownership by Quarter for American Express (NYSE:AXP)



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  • Hofer & Associates. Inc Boosts Holdings in Chevron Co. (NYSE:CVX)

    Hofer & Associates. Inc Boosts Holdings in Chevron Co. (NYSE:CVX)

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    Hofer & Associates. Inc grew its stake in Chevron Co. (NYSE:CVX – Free Report) by 9.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,652 shares of the oil and gas company’s stock after buying an additional 138 shares during the quarter. Hofer & Associates. Inc’s holdings in Chevron were worth $243,000 as of its most recent SEC filing.

    Other hedge funds have also recently modified their holdings of the company. Anfield Capital Management LLC increased its holdings in Chevron by 118.0% in the second quarter. Anfield Capital Management LLC now owns 218 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 118 shares in the last quarter. Cyrus J. Lawrence LLC raised its holdings in Chevron by 66.7% in the 2nd quarter. Cyrus J. Lawrence LLC now owns 250 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 100 shares during the period. Krane Funds Advisors LLC acquired a new position in Chevron in the 3rd quarter worth about $47,000. Livelsberger Financial Advisory purchased a new position in Chevron during the third quarter worth approximately $47,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new stake in Chevron in the first quarter valued at approximately $55,000. Hedge funds and other institutional investors own 72.42% of the company’s stock.

    Chevron Price Performance

    Chevron stock opened at $150.92 on Wednesday. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $146.32 and a 200 day moving average price of $153.47. Chevron Co. has a 12-month low of $135.37 and a 12-month high of $167.11. The stock has a market cap of $278.14 billion, a P/E ratio of 13.88, a PEG ratio of 2.73 and a beta of 1.09.

    Chevron (NYSE:CVX – Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.55 EPS for the quarter, missing analysts’ consensus estimates of $2.93 by ($0.38). Chevron had a net margin of 9.31% and a return on equity of 13.70%. The business had revenue of $51.18 billion during the quarter, compared to analyst estimates of $48.68 billion. During the same quarter in the prior year, the company posted $3.08 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Sell-side analysts anticipate that Chevron Co. will post 10.95 earnings per share for the current year.

    Chevron Dividend Announcement

    The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Monday, August 19th were issued a $1.63 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $6.52 annualized dividend and a yield of 4.32%. Chevron’s dividend payout ratio (DPR) is currently 59.98%.

    Wall Street Analyst Weigh In

    CVX has been the topic of a number of recent analyst reports. Wolfe Research assumed coverage on Chevron in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Bank of America began coverage on shares of Chevron in a report on Thursday, October 17th. They set a “buy” rating and a $168.00 price objective on the stock. Wells Fargo & Company cut their target price on shares of Chevron from $196.00 to $169.00 and set an “overweight” rating for the company in a research note on Friday, September 27th. Scotiabank decreased their price target on shares of Chevron from $180.00 to $163.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 10th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $170.00 price objective on shares of Chevron in a research note on Tuesday, October 8th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $173.07.

    View Our Latest Research Report on Chevron

    Chevron Company Profile

    (Free Report)

    Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

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    Institutional Ownership by Quarter for Chevron (NYSE:CVX)

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  • Toth Financial Advisory Corp Cuts Position in Costco Wholesale Co. (NASDAQ:COST)

    Toth Financial Advisory Corp Cuts Position in Costco Wholesale Co. (NASDAQ:COST)

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    Toth Financial Advisory Corp reduced its holdings in shares of Costco Wholesale Co. (NASDAQ:COST – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,842 shares of the retailer’s stock after selling 54 shares during the quarter. Toth Financial Advisory Corp’s holdings in Costco Wholesale were worth $1,633,000 at the end of the most recent quarter.

    Several other large investors also recently made changes to their positions in the business. Wulff Hansen & CO. lifted its position in shares of Costco Wholesale by 99,208.6% during the second quarter. Wulff Hansen & CO. now owns 1,474,733 shares of the retailer’s stock worth $1,253,508,000 after purchasing an additional 1,473,248 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Costco Wholesale by 287.3% in the second quarter. Assenagon Asset Management S.A. now owns 836,247 shares of the retailer’s stock worth $710,802,000 after acquiring an additional 620,341 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in Costco Wholesale by 51,747.5% in the second quarter. Strategic Financial Concepts LLC now owns 619,578 shares of the retailer’s stock valued at $5,266,000 after purchasing an additional 618,383 shares during the last quarter. Vanguard Group Inc. grew its stake in Costco Wholesale by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 40,833,870 shares of the retailer’s stock valued at $29,916,118,000 after purchasing an additional 473,702 shares in the last quarter. Finally, Swedbank AB acquired a new position in shares of Costco Wholesale in the 1st quarter valued at approximately $285,618,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

    Analyst Ratings Changes

    Several brokerages have weighed in on COST. Wells Fargo & Company raised their price objective on shares of Costco Wholesale from $800.00 to $850.00 and gave the stock an “equal weight” rating in a report on Friday, September 27th. Oppenheimer boosted their price objective on Costco Wholesale from $955.00 to $980.00 and gave the company an “outperform” rating in a report on Thursday, October 10th. Roth Mkm increased their target price on Costco Wholesale from $676.00 to $755.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. Bank of America boosted their price target on Costco Wholesale from $874.00 to $962.00 and gave the company a “buy” rating in a report on Thursday, July 11th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, October 10th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $890.07.

    Check Out Our Latest Report on Costco Wholesale

    Costco Wholesale Stock Performance

    Shares of NASDAQ COST opened at $886.77 on Tuesday. Costco Wholesale Co. has a 1 year low of $540.23 and a 1 year high of $923.83. The firm has a market cap of $393.14 billion, a P/E ratio of 54.94, a PEG ratio of 5.48 and a beta of 0.80. The stock has a fifty day moving average price of $889.73 and a two-hundred day moving average price of $835.23. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.97.

    Costco Wholesale (NASDAQ:COST – Get Free Report) last released its earnings results on Thursday, September 26th. The retailer reported $5.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.05 by $0.10. Costco Wholesale had a return on equity of 31.05% and a net margin of 2.90%. The firm had revenue of $79.70 billion for the quarter, compared to analyst estimates of $79.91 billion. During the same period in the previous year, the company earned $4.86 earnings per share. Costco Wholesale’s revenue was up 1.0% compared to the same quarter last year. Research analysts forecast that Costco Wholesale Co. will post 17.74 EPS for the current fiscal year.

    Costco Wholesale Announces Dividend

    The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a $1.16 dividend. The ex-dividend date is Friday, November 1st. This represents a $4.64 annualized dividend and a yield of 0.52%. Costco Wholesale’s dividend payout ratio (DPR) is 28.75%.

    Insider Buying and Selling at Costco Wholesale

    In other news, EVP Pierre Riel sold 2,000 shares of the firm’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $896.71, for a total transaction of $1,793,420.00. Following the completion of the sale, the executive vice president now directly owns 10,210 shares of the company’s stock, valued at $9,155,409.10. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Costco Wholesale news, EVP Claudine Adamo sold 3,200 shares of Costco Wholesale stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $888.99, for a total transaction of $2,844,768.00. Following the transaction, the executive vice president now directly owns 8,630 shares in the company, valued at approximately $7,671,983.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Pierre Riel sold 2,000 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $896.71, for a total value of $1,793,420.00. Following the completion of the sale, the executive vice president now owns 10,210 shares of the company’s stock, valued at $9,155,409.10. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,224 shares of company stock valued at $9,974,973. Corporate insiders own 0.18% of the company’s stock.

    About Costco Wholesale

    (Free Report)

    Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.

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    Institutional Ownership by Quarter for Costco Wholesale (NASDAQ:COST)

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  • Allspring Global Investments Holdings LLC Has $312.37 Million Stock Position in Visa Inc. (NYSE:V)

    Allspring Global Investments Holdings LLC Has $312.37 Million Stock Position in Visa Inc. (NYSE:V)

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    Allspring Global Investments Holdings LLC trimmed its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 13.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,136,102 shares of the credit-card processor’s stock after selling 181,178 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Visa were worth $312,372,000 as of its most recent SEC filing.

    Several other large investors have also recently bought and sold shares of the business. Westend Capital Management LLC acquired a new position in Visa in the 1st quarter worth about $25,000. POM Investment Strategies LLC increased its holdings in shares of Visa by 970.0% during the 2nd quarter. POM Investment Strategies LLC now owns 107 shares of the credit-card processor’s stock valued at $28,000 after acquiring an additional 97 shares during the last quarter. TruNorth Capital Management LLC increased its holdings in shares of Visa by 211.9% during the 2nd quarter. TruNorth Capital Management LLC now owns 131 shares of the credit-card processor’s stock valued at $34,000 after acquiring an additional 89 shares during the last quarter. Bbjs Financial Advisors LLC acquired a new position in shares of Visa during the 2nd quarter valued at about $35,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in shares of Visa during the 2nd quarter valued at about $35,000. 82.15% of the stock is owned by institutional investors and hedge funds.

    Visa Price Performance

    Shares of V stock opened at $290.62 on Monday. The stock’s fifty day simple moving average is $276.91 and its 200 day simple moving average is $272.88. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.37 and a quick ratio of 1.37. The firm has a market cap of $531.53 billion, a price-to-earnings ratio of 32.47, a P/E/G ratio of 2.00 and a beta of 0.96. Visa Inc. has a one year low of $228.03 and a one year high of $293.07.

    Visa (NYSE:V – Get Free Report) last announced its quarterly earnings results on Tuesday, July 23rd. The credit-card processor reported $2.42 EPS for the quarter, meeting the consensus estimate of $2.42. The business had revenue of $8.90 billion for the quarter, compared to analyst estimates of $8.92 billion. Visa had a return on equity of 51.94% and a net margin of 54.72%. During the same quarter in the previous year, the firm earned $2.16 EPS. Visa’s quarterly revenue was up 9.6% on a year-over-year basis. On average, analysts expect that Visa Inc. will post 9.92 earnings per share for the current fiscal year.

    Visa Dividend Announcement

    The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, August 9th were given a dividend of $0.52 per share. The ex-dividend date was Friday, August 9th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.72%. Visa’s payout ratio is currently 23.24%.

    Insider Transactions at Visa

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

    Wall Street Analyst Weigh In

    V has been the topic of a number of analyst reports. Citigroup lowered their price objective on Visa from $321.00 to $319.00 and set a “buy” rating on the stock in a report on Wednesday, July 24th. StockNews.com raised Visa from a “hold” rating to a “buy” rating in a report on Friday, August 9th. Robert W. Baird increased their price objective on Visa from $320.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday. Macquarie restated an “outperform” rating and set a $300.00 target price on shares of Visa in a research note on Friday, September 27th. Finally, Keefe, Bruyette & Woods raised Visa from a “moderate buy” rating to a “strong-buy” rating in a report on Tuesday, September 24th. Four 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $314.19.

    Read Our Latest Stock Report on Visa

    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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  • Emerson Electric Co. (NYSE:EMR) Shares Purchased by V Square Quantitative Management LLC

    Emerson Electric Co. (NYSE:EMR) Shares Purchased by V Square Quantitative Management LLC

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    V Square Quantitative Management LLC increased its holdings in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 82.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,977 shares of the industrial products company’s stock after purchasing an additional 1,792 shares during the period. V Square Quantitative Management LLC’s holdings in Emerson Electric were worth $435,000 as of its most recent SEC filing.

    A number of other large investors have also recently bought and sold shares of EMR. Transcendent Capital Group LLC acquired a new stake in Emerson Electric during the 1st quarter worth $31,000. Meeder Asset Management Inc. boosted its stake in Emerson Electric by 361.5% during the 2nd quarter. Meeder Asset Management Inc. now owns 300 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 235 shares during the period. Tributary Capital Management LLC acquired a new stake in Emerson Electric during the 1st quarter worth $35,000. Versant Capital Management Inc boosted its stake in Emerson Electric by 471.9% during the 2nd quarter. Versant Capital Management Inc now owns 326 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 269 shares during the period. Finally, Thompson Investment Management Inc. lifted its stake in shares of Emerson Electric by 2,650.0% in the 1st quarter. Thompson Investment Management Inc. now owns 385 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 371 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

    Analyst Upgrades and Downgrades

    Several analysts have recently commented on the stock. Oppenheimer raised their target price on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Robert W. Baird raised their target price on shares of Emerson Electric from $116.00 to $117.00 and gave the stock a “neutral” rating in a research note on Thursday, August 8th. StockNews.com cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Stephens downgraded shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $135.00 to $120.00 in a report on Wednesday. Finally, Wells Fargo & Company cut their price target on shares of Emerson Electric from $137.00 to $128.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and an average target price of $125.47.

    View Our Latest Stock Analysis on EMR

    Emerson Electric Price Performance

    EMR opened at $110.44 on Friday. The company’s 50 day simple moving average is $105.66 and its 200 day simple moving average is $109.18. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.86 and a current ratio of 1.16. Emerson Electric Co. has a 1 year low of $83.10 and a 1 year high of $119.53. The stock has a market capitalization of $63.18 billion, a PE ratio of 5.91, a P/E/G ratio of 1.70 and a beta of 1.30.

    Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.01. Emerson Electric had a net margin of 10.12% and a return on equity of 11.41%. The business had revenue of $4.38 billion for the quarter, compared to analysts’ expectations of $4.44 billion. During the same period last year, the company earned $1.29 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts expect that Emerson Electric Co. will post 5.48 EPS for the current year.

    Emerson Electric Announces Dividend

    The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 16th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $2.10 dividend on an annualized basis and a yield of 1.90%. Emerson Electric’s dividend payout ratio (DPR) is 11.24%.

    Emerson Electric Company Profile

    (Free Report)

    Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.

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    Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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  • Verizon Communications Inc. (NYSE:VZ) Shares Purchased by Bleakley Financial Group LLC

    Verizon Communications Inc. (NYSE:VZ) Shares Purchased by Bleakley Financial Group LLC

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    Bleakley Financial Group LLC grew its position in Verizon Communications Inc. (NYSE:VZ – Free Report) by 3.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,245 shares of the cell phone carrier’s stock after buying an additional 2,953 shares during the period. Bleakley Financial Group LLC’s holdings in Verizon Communications were worth $4,592,000 as of its most recent SEC filing.

    A number of other hedge funds and other institutional investors have also made changes to their positions in VZ. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of Verizon Communications during the first quarter valued at about $25,000. Mizuho Securities Co. Ltd. acquired a new position in Verizon Communications during the second quarter worth approximately $32,000. MFA Wealth Advisors LLC purchased a new stake in Verizon Communications during the 2nd quarter worth about $33,000. Pittenger & Anderson Inc. raised its position in shares of Verizon Communications by 50.4% in the first quarter. Pittenger & Anderson Inc. now owns 883 shares of the cell phone carrier’s stock valued at $37,000 after buying an additional 296 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. grew its holdings in Verizon Communications by 2,159.1% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 994 shares of the cell phone carrier’s stock valued at $42,000 after buying an additional 950 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

    Wall Street Analyst Weigh In

    A number of brokerages recently weighed in on VZ. JPMorgan Chase & Co. decreased their price target on shares of Verizon Communications from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, July 23rd. Citigroup upped their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. The Goldman Sachs Group started coverage on shares of Verizon Communications in a research note on Monday, July 1st. They set a “buy” rating and a $50.00 price target on the stock. Bank of America upped their price objective on shares of Verizon Communications from $41.00 to $45.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Finally, Scotiabank lifted their target price on Verizon Communications from $46.50 to $47.25 and gave the stock a “sector perform” rating in a research report on Friday. Eight analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $46.31.

    Get Our Latest Report on Verizon Communications

    Verizon Communications Stock Up 0.3 %

    Shares of NYSE VZ opened at $43.99 on Friday. The firm’s 50-day simple moving average is $42.94 and its 200 day simple moving average is $41.29. The company has a market cap of $185.17 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 4.02 and a beta of 0.42. Verizon Communications Inc. has a 12-month low of $31.26 and a 12-month high of $45.36. The company has a quick ratio of 0.60, a current ratio of 0.63 and a debt-to-equity ratio of 1.29.

    Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings data on Monday, July 22nd. The cell phone carrier reported $1.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.15. Verizon Communications had a net margin of 8.38% and a return on equity of 20.10%. The firm had revenue of $32.80 billion during the quarter, compared to analysts’ expectations of $33.05 billion. During the same quarter in the previous year, the company earned $1.21 earnings per share. The business’s revenue for the quarter was up .6% on a year-over-year basis. On average, research analysts expect that Verizon Communications Inc. will post 4.58 earnings per share for the current fiscal year.

    Verizon Communications Increases Dividend

    The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Thursday, October 10th will be given a dividend of $0.678 per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a $2.71 dividend on an annualized basis and a yield of 6.17%. This is an increase from Verizon Communications’s previous quarterly dividend of $0.67. Verizon Communications’s dividend payout ratio is 101.12%.

    About Verizon Communications

    (Free Report)

    Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

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    Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

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  • IQ EQ FUND MANAGEMENT IRELAND Ltd Raises Position in Intel Co. (NASDAQ:INTC)

    IQ EQ FUND MANAGEMENT IRELAND Ltd Raises Position in Intel Co. (NASDAQ:INTC)

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    IQ EQ FUND MANAGEMENT IRELAND Ltd grew its stake in Intel Co. (NASDAQ:INTC – Free Report) by 9.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,855 shares of the chip maker’s stock after purchasing an additional 6,132 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Intel were worth $1,662,000 at the end of the most recent reporting period.

    Several other hedge funds also recently modified their holdings of the stock. Capital International Investors boosted its holdings in Intel by 16.0% during the 1st quarter. Capital International Investors now owns 112,093,582 shares of the chip maker’s stock worth $4,951,174,000 after acquiring an additional 15,475,631 shares during the last quarter. Van ECK Associates Corp boosted its holdings in Intel by 60.5% during the second quarter. Van ECK Associates Corp now owns 34,591,800 shares of the chip maker’s stock worth $1,071,308,000 after purchasing an additional 13,035,566 shares during the last quarter. Davis Selected Advisers grew its position in Intel by 86.2% in the 2nd quarter. Davis Selected Advisers now owns 12,642,316 shares of the chip maker’s stock worth $391,533,000 after purchasing an additional 5,851,098 shares in the last quarter. Caxton Associates LP purchased a new stake in Intel in the 2nd quarter valued at about $162,592,000. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Intel by 2,681.1% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,431,749 shares of the chip maker’s stock worth $137,251,000 after buying an additional 4,272,395 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

    Analyst Upgrades and Downgrades

    INTC has been the subject of several recent analyst reports. Truist Financial reduced their target price on Intel from $33.00 to $25.00 and set a “hold” rating for the company in a report on Friday, August 2nd. JPMorgan Chase & Co. decreased their target price on Intel from $35.00 to $26.00 and set an “underweight” rating for the company in a research report on Friday, August 2nd. New Street Research downgraded shares of Intel from a “buy” rating to a “neutral” rating in a report on Friday, August 2nd. Susquehanna decreased their price objective on shares of Intel from $35.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Finally, Northland Securities dropped their target price on shares of Intel from $68.00 to $42.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Six investment analysts have rated the stock with a sell rating, twenty-four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.92.

    View Our Latest Report on INTC

    Insiders Place Their Bets

    In other Intel news, CEO Patrick P. Gelsinger purchased 12,500 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were purchased at an average cost of $20.16 per share, with a total value of $252,000.00. Following the completion of the purchase, the chief executive officer now owns 37,975 shares of the company’s stock, valued at $765,576. The trade was a 0.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.04% of the stock is owned by insiders.

    Intel Trading Up 0.6 %

    Shares of INTC stock opened at $22.44 on Friday. Intel Co. has a 52-week low of $18.51 and a 52-week high of $51.28. The business’s fifty day moving average is $21.34 and its 200 day moving average is $28.29. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.24 and a current ratio of 1.59. The company has a market capitalization of $95.53 billion, a PE ratio of 23.38 and a beta of 1.03.

    Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, August 1st. The chip maker reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.08). Intel had a net margin of 1.77% and a return on equity of 1.78%. The company had revenue of $12.80 billion during the quarter, compared to analysts’ expectations of $12.92 billion. During the same period in the prior year, the business earned ($0.05) earnings per share. The company’s revenue for the quarter was down .8% compared to the same quarter last year. On average, equities research analysts anticipate that Intel Co. will post -0.47 EPS for the current fiscal year.

    Intel Dividend Announcement

    The company also recently announced a quarterly dividend, which was paid on Sunday, September 1st. Investors of record on Wednesday, August 7th were given a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $0.50 dividend on an annualized basis and a yield of 2.23%. Intel’s payout ratio is 52.08%.

    Intel Company Profile

    (Free Report)

    Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company’s products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

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    Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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  • Magnus Financial Group LLC Invests $209,000 in W.W. Grainger, Inc. (NYSE:GWW)

    Magnus Financial Group LLC Invests $209,000 in W.W. Grainger, Inc. (NYSE:GWW)

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    Magnus Financial Group LLC acquired a new position in shares of W.W. Grainger, Inc. (NYSE:GWW – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 201 shares of the industrial products company’s stock, valued at approximately $209,000.

    A number of other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC boosted its stake in shares of W.W. Grainger by 36.6% in the first quarter. Janus Henderson Group PLC now owns 9,506 shares of the industrial products company’s stock valued at $9,664,000 after buying an additional 2,548 shares during the period. ORG Partners LLC boosted its stake in shares of W.W. Grainger by 1,201.6% in the second quarter. ORG Partners LLC now owns 833 shares of the industrial products company’s stock valued at $748,000 after buying an additional 769 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in shares of W.W. Grainger by 11.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 59,822 shares of the industrial products company’s stock valued at $60,857,000 after buying an additional 6,042 shares during the period. Cetera Advisors LLC boosted its stake in shares of W.W. Grainger by 576.3% in the first quarter. Cetera Advisors LLC now owns 5,559 shares of the industrial products company’s stock valued at $5,655,000 after buying an additional 4,737 shares during the period. Finally, Diversified Trust Co boosted its stake in shares of W.W. Grainger by 280.4% in the second quarter. Diversified Trust Co now owns 2,621 shares of the industrial products company’s stock valued at $2,365,000 after buying an additional 1,932 shares during the period. Institutional investors own 80.70% of the company’s stock.

    W.W. Grainger Stock Up 2.5 %

    Shares of NYSE:GWW opened at $1,112.93 on Thursday. The company has a fifty day moving average of $1,002.92 and a 200-day moving average of $962.39. The company has a market capitalization of $54.61 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 2.88 and a beta of 1.16. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.40 and a current ratio of 2.30. W.W. Grainger, Inc. has a 52-week low of $674.41 and a 52-week high of $1,115.63.

    W.W. Grainger (NYSE:GWW – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The industrial products company reported $9.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.58 by $0.18. W.W. Grainger had a net margin of 10.86% and a return on equity of 53.25%. The company had revenue of $4.31 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the prior year, the business earned $9.28 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, equities analysts predict that W.W. Grainger, Inc. will post 38.65 EPS for the current fiscal year.

    W.W. Grainger Dividend Announcement

    The firm also recently disclosed a quarterly dividend, which was paid on Sunday, September 1st. Investors of record on Monday, August 12th were paid a $2.05 dividend. The ex-dividend date was Monday, August 12th. This represents a $8.20 annualized dividend and a dividend yield of 0.74%. W.W. Grainger’s dividend payout ratio is 22.64%.

    Wall Street Analysts Forecast Growth

    GWW has been the subject of several research analyst reports. Morgan Stanley initiated coverage on shares of W.W. Grainger in a research report on Friday, September 6th. They set an “equal weight” rating and a $990.00 price objective for the company. Royal Bank of Canada lowered their price objective on shares of W.W. Grainger from $978.00 to $972.00 and set a “sector perform” rating for the company in a research report on Friday, August 2nd. JPMorgan Chase & Co. boosted their price objective on shares of W.W. Grainger from $1,000.00 to $1,015.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Robert W. Baird upgraded shares of W.W. Grainger from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $975.00 to $1,230.00 in a research report on Wednesday. Finally, Bank of America initiated coverage on shares of W.W. Grainger in a research report on Monday, October 7th. They set an “underperform” rating and a $925.00 price objective for the company. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, W.W. Grainger currently has a consensus rating of “Hold” and a consensus price target of $1,030.70.

    Get Our Latest Stock Report on GWW

    Insider Buying and Selling

    In related news, CEO Donald G. Macpherson sold 12,992 shares of the business’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $1,037.68, for a total value of $13,481,538.56. Following the sale, the chief executive officer now owns 98,567 shares of the company’s stock, valued at $102,281,004.56. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Donald G. Macpherson sold 12,992 shares of the business’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $1,037.68, for a total value of $13,481,538.56. Following the sale, the chief executive officer now owns 98,567 shares of the company’s stock, valued at $102,281,004.56. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Donald G. Macpherson sold 27,502 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,000.82, for a total transaction of $27,524,551.64. Following the completion of the sale, the chief executive officer now directly owns 111,559 shares in the company, valued at approximately $111,650,478.38. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 9.50% of the stock is currently owned by insiders.

    W.W. Grainger Company Profile

    (Free Report)

    W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.

    Further Reading

    Institutional Ownership by Quarter for W.W. Grainger (NYSE:GWW)

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  • Redhawk Wealth Advisors Inc. Takes Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

    Redhawk Wealth Advisors Inc. Takes Position in Vanguard Small-Cap ETF (NYSEARCA:VB)

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    Redhawk Wealth Advisors Inc. acquired a new stake in Vanguard Small-Cap ETF (NYSEARCA:VB – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 863 shares of the company’s stock, valued at approximately $205,000.

    A number of other hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Small-Cap ETF by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,998,082 shares of the company’s stock valued at $1,089,782,000 after acquiring an additional 313,316 shares during the last quarter. LPL Financial LLC grew its stake in Vanguard Small-Cap ETF by 3.9% during the 2nd quarter. LPL Financial LLC now owns 3,525,074 shares of the company’s stock worth $768,607,000 after buying an additional 131,521 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Vanguard Small-Cap ETF by 8.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,186,540 shares of the company’s stock worth $473,335,000 after buying an additional 176,660 shares during the last quarter. Creative Planning grew its stake in Vanguard Small-Cap ETF by 2.5% during the 2nd quarter. Creative Planning now owns 1,869,932 shares of the company’s stock worth $407,720,000 after buying an additional 46,359 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in Vanguard Small-Cap ETF by 24.7% during the 1st quarter. Captrust Financial Advisors now owns 1,627,553 shares of the company’s stock worth $372,042,000 after buying an additional 322,291 shares during the last quarter.

    Vanguard Small-Cap ETF Stock Down 0.2 %

    NYSEARCA:VB opened at $240.04 on Wednesday. The stock’s 50 day moving average price is $230.68 and its 200 day moving average price is $224.42. The company has a market capitalization of $59.45 billion, a PE ratio of 14.11 and a beta of 1.17. Vanguard Small-Cap ETF has a 52-week low of $174.84 and a 52-week high of $242.57.

    Vanguard Small-Cap ETF Profile

    (Free Report)

    The Vanguard Small-Cap ETF (VB) is an exchange-traded fund that is based on the CRSP US Small Cap index. The fund tracks the CRSP US Small Cap Index. The market-cap-weighted index includes the bottom 2-15% of the investable universe. VB was launched on Jan 26, 2004 and is managed by Vanguard.

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    Institutional Ownership by Quarter for Vanguard Small-Cap ETF (NYSEARCA:VB)

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  • Duke Energy Co. (NYSE:DUK) Shares Sold by Simplicity Wealth LLC

    Duke Energy Co. (NYSE:DUK) Shares Sold by Simplicity Wealth LLC

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    Simplicity Wealth LLC trimmed its holdings in Duke Energy Co. (NYSE:DUK – Free Report) by 91.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,034 shares of the utilities provider’s stock after selling 22,195 shares during the period. Simplicity Wealth LLC’s holdings in Duke Energy were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

    Other hedge funds have also modified their holdings of the company. Pinnacle West Asset Management Inc. increased its position in Duke Energy by 2.1% during the second quarter. Pinnacle West Asset Management Inc. now owns 4,425 shares of the utilities provider’s stock worth $444,000 after purchasing an additional 90 shares during the last quarter. Sachetta LLC increased its position in Duke Energy by 41.9% during the second quarter. Sachetta LLC now owns 325 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 96 shares during the last quarter. SeaCrest Wealth Management LLC increased its position in Duke Energy by 1.6% during the second quarter. SeaCrest Wealth Management LLC now owns 6,093 shares of the utilities provider’s stock worth $611,000 after purchasing an additional 98 shares during the last quarter. Waddell & Associates LLC increased its position in Duke Energy by 2.7% during the second quarter. Waddell & Associates LLC now owns 3,753 shares of the utilities provider’s stock worth $376,000 after purchasing an additional 99 shares during the last quarter. Finally, Indiana Trust & Investment Management CO increased its position in Duke Energy by 4.9% during the second quarter. Indiana Trust & Investment Management CO now owns 2,147 shares of the utilities provider’s stock worth $215,000 after purchasing an additional 100 shares during the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

    Duke Energy Trading Up 0.8 %

    NYSE DUK opened at $115.14 on Tuesday. The firm has a 50 day simple moving average of $114.46 and a 200-day simple moving average of $106.16. The firm has a market cap of $88.86 billion, a price-to-earnings ratio of 28.93, a PEG ratio of 3.06 and a beta of 0.46. Duke Energy Co. has a one year low of $85.79 and a one year high of $118.31. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.53 and a current ratio of 0.81.

    Duke Energy (NYSE:DUK – Get Free Report) last issued its earnings results on Tuesday, August 6th. The utilities provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.16. The firm had revenue of $7.17 billion for the quarter, compared to analysts’ expectations of $6.84 billion. Duke Energy had a net margin of 14.29% and a return on equity of 9.71%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. Equities research analysts anticipate that Duke Energy Co. will post 5.97 EPS for the current fiscal year.

    Duke Energy Dividend Announcement

    The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 15th will be issued a $1.045 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.18 annualized dividend and a yield of 3.63%. Duke Energy’s dividend payout ratio (DPR) is 105.03%.

    Insider Activity at Duke Energy

    In other Duke Energy news, EVP Louis E. Renjel sold 540 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $113.64, for a total transaction of $61,365.60. Following the sale, the executive vice president now owns 19,884 shares of the company’s stock, valued at approximately $2,259,617.76. 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 can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

    Analyst Upgrades and Downgrades

    Several equities research analysts recently issued reports on DUK shares. The Goldman Sachs Group raised their price objective on shares of Duke Energy from $102.00 to $113.00 and gave the stock a “neutral” rating in a research report on Monday, August 12th. KeyCorp increased their target price on shares of Duke Energy from $121.00 to $125.00 and gave the stock an “overweight” rating in a research note on Monday, September 30th. Morgan Stanley increased their target price on shares of Duke Energy from $114.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. Jefferies Financial Group started coverage on shares of Duke Energy in a research note on Thursday, September 19th. They set a “buy” rating and a $138.00 target price for the company. Finally, JPMorgan Chase & Co. increased their target price on shares of Duke Energy from $111.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, August 12th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.15.

    Get Our Latest Research Report on DUK

    Duke Energy Company Profile

    (Free Report)

    Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.

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  • Gateway Investment Advisers LLC Sells 195 Shares of Chubb Limited (NYSE:CB)

    Gateway Investment Advisers LLC Sells 195 Shares of Chubb Limited (NYSE:CB)

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    Gateway Investment Advisers LLC lowered its stake in Chubb Limited (NYSE:CB – Free Report) by 9.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,787 shares of the financial services provider’s stock after selling 195 shares during the period. Gateway Investment Advisers LLC’s holdings in Chubb were worth $515,000 at the end of the most recent reporting period.

    Several other large investors have also added to or reduced their stakes in CB. Capital Research Global Investors grew its stake in shares of Chubb by 44.4% during the 1st quarter. Capital Research Global Investors now owns 6,713,331 shares of the financial services provider’s stock valued at $1,739,625,000 after purchasing an additional 2,064,730 shares during the period. Capital World Investors raised its holdings in shares of Chubb by 6.6% during the 1st quarter. Capital World Investors now owns 10,997,092 shares of the financial services provider’s stock worth $2,849,677,000 after acquiring an additional 685,677 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in Chubb during the 1st quarter valued at $165,932,000. Lazard Asset Management LLC grew its position in Chubb by 14.8% in the 1st quarter. Lazard Asset Management LLC now owns 3,543,763 shares of the financial services provider’s stock valued at $918,294,000 after acquiring an additional 457,881 shares during the last quarter. Finally, Troy Asset Management Ltd bought a new position in Chubb in the 2nd quarter valued at $106,975,000. Institutional investors own 83.81% of the company’s stock.

    Chubb Stock Up 0.7 %

    Chubb stock opened at $286.83 on Monday. The firm has a market cap of $116.47 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 5.87 and a beta of 0.66. Chubb Limited has a 52 week low of $205.64 and a 52 week high of $294.18. The business’s 50-day moving average price is $282.13 and its 200 day moving average price is $266.78. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.20.

    Chubb (NYSE:CB – Get Free Report) last posted its earnings results on Tuesday, July 23rd. The financial services provider reported $5.38 EPS for the quarter, topping the consensus estimate of $5.04 by $0.34. The firm had revenue of $13.36 billion for the quarter, compared to analyst estimates of $13.04 billion. Chubb had a return on equity of 15.77% and a net margin of 18.14%. Chubb’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $4.92 earnings per share. As a group, sell-side analysts anticipate that Chubb Limited will post 21.32 earnings per share for the current year.

    Chubb Dividend Announcement

    The business also recently announced a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 13th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 1.27%. The ex-dividend date was Friday, September 13th. Chubb’s dividend payout ratio (DPR) is 16.16%.

    Analyst Upgrades and Downgrades

    CB has been the topic of a number of recent research reports. Morgan Stanley dropped their price target on Chubb from $260.00 to $259.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 10th. Royal Bank of Canada upped their price objective on Chubb from $285.00 to $295.00 and gave the stock an “outperform” rating in a research note on Thursday, July 25th. Piper Sandler upped their price objective on Chubb from $281.00 to $305.00 and gave the stock an “overweight” rating in a research note on Friday, October 4th. Bank of America increased their price target on Chubb from $275.00 to $282.00 and gave the company an “underperform” rating in a research note on Thursday. Finally, Keefe, Bruyette & Woods increased their price target on Chubb from $304.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $282.37.

    Read Our Latest Research Report on Chubb

    Insider Buying and Selling at Chubb

    In other Chubb news, Director Michael G. Atieh sold 261 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $287.49, for a total value of $75,034.89. Following the sale, the director now directly owns 39,172 shares of the company’s stock, valued at approximately $11,261,558.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Chubb news, Director Michael G. Atieh sold 261 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $287.49, for a total value of $75,034.89. Following the sale, the director now directly owns 39,172 shares of the company’s stock, valued at approximately $11,261,558.28. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Juan Luis Ortega sold 3,921 shares of Chubb stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $273.06, for a total value of $1,070,668.26. Following the completion of the sale, the executive vice president now directly owns 44,632 shares in the company, valued at $12,187,213.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 86,636 shares of company stock valued at $24,874,208. Company insiders own 0.86% of the company’s stock.

    About Chubb

    (Free Report)

    Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, casualty, workers’ compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses.

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    Institutional Ownership by Quarter for Chubb (NYSE:CB)

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  • LVW Advisors LLC Has $298,000 Position in NIKE, Inc. (NYSE:NKE)

    LVW Advisors LLC Has $298,000 Position in NIKE, Inc. (NYSE:NKE)

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    LVW Advisors LLC cut its position in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 17.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,373 shares of the footwear maker’s stock after selling 717 shares during the quarter. LVW Advisors LLC’s holdings in NIKE were worth $298,000 at the end of the most recent quarter.

    Several other large investors have also recently added to or reduced their stakes in NKE. Spartan Planning & Wealth Management bought a new stake in shares of NIKE during the fourth quarter valued at approximately $182,000. Advisors Asset Management Inc. raised its stake in shares of NIKE by 86.0% in the 1st quarter. Advisors Asset Management Inc. now owns 20,957 shares of the footwear maker’s stock valued at $1,970,000 after buying an additional 9,689 shares in the last quarter. FORA Capital LLC bought a new position in shares of NIKE during the 1st quarter worth about $3,412,000. Cetera Advisors LLC boosted its position in shares of NIKE by 85.5% during the 1st quarter. Cetera Advisors LLC now owns 88,299 shares of the footwear maker’s stock valued at $8,298,000 after acquiring an additional 40,704 shares in the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in NIKE in the first quarter worth about $713,000. Institutional investors and hedge funds own 64.25% of the company’s stock.

    Insider Activity at NIKE

    In other news, Chairman Mark G. Parker sold 52,487 shares of NIKE stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $78.00, for a total transaction of $4,093,986.00. Following the transaction, the chairman now directly owns 1,031,226 shares of the company’s stock, valued at $80,435,628. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other NIKE news, Chairman Mark G. Parker sold 110,000 shares of the stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $72.97, for a total value of $8,026,700.00. Following the completion of the sale, the chairman now directly owns 1,102,090 shares in the company, valued at $80,419,507.30. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Mark G. Parker sold 52,487 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $78.00, for a total value of $4,093,986.00. Following the sale, the chairman now directly owns 1,031,226 shares in the company, valued at approximately $80,435,628. This represents 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.

    NIKE Stock Performance

    Shares of NIKE stock opened at $82.15 on Friday. The firm has a fifty day moving average of $81.66 and a two-hundred day moving average of $85.64. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.58 and a current ratio of 2.36. The stock has a market capitalization of $123.99 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 1.96 and a beta of 1.02. NIKE, Inc. has a 52 week low of $70.75 and a 52 week high of $123.39.

    NIKE (NYSE:NKE – Get Free Report) last released its earnings results on Tuesday, October 1st. The footwear maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.18. The firm had revenue of $11.59 billion for the quarter, compared to analyst estimates of $11.64 billion. NIKE had a return on equity of 39.84% and a net margin of 10.60%. The company’s quarterly revenue was down 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.94 earnings per share. As a group, equities research analysts predict that NIKE, Inc. will post 2.8 EPS for the current year.

    NIKE Dividend Announcement

    The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 3rd were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend was Tuesday, September 3rd. NIKE’s payout ratio is 39.68%.

    Wall Street Analyst Weigh In

    NKE has been the topic of a number of recent research reports. Robert W. Baird lifted their price objective on NIKE from $100.00 to $110.00 and gave the company an “outperform” rating in a report on Friday, September 20th. Daiwa America cut NIKE from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, September 11th. Barclays cut their price objective on NIKE from $84.00 to $81.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. Stifel Nicolaus lowered their target price on shares of NIKE from $88.00 to $79.00 and set a “hold” rating on the stock in a report on Monday, August 26th. Finally, Truist Financial raised shares of NIKE from a “hold” rating to a “buy” rating and lifted their price target for the company from $83.00 to $97.00 in a report on Thursday. Fourteen analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $96.56.

    Read Our Latest Report on NKE

    NIKE Profile

    (Free Report)

    NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

    Further Reading

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

    Institutional Ownership by Quarter for NIKE (NYSE:NKE)

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  • Deere & Company (NYSE:DE) Shares Sold by Brookstone Capital Management

    Deere & Company (NYSE:DE) Shares Sold by Brookstone Capital Management

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    Brookstone Capital Management lessened its stake in shares of Deere & Company (NYSE:DE – Free Report) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,968 shares of the industrial products company’s stock after selling 135 shares during the quarter. Brookstone Capital Management’s holdings in Deere & Company were worth $2,073,000 at the end of the most recent reporting period.

    A number of other large investors have also recently bought and sold shares of DE. Swedbank AB acquired a new stake in Deere & Company during the 1st quarter valued at $191,628,000. Mawer Investment Management Ltd. purchased a new position in shares of Deere & Company during the 2nd quarter worth $166,937,000. Dimensional Fund Advisors LP lifted its stake in shares of Deere & Company by 15.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,146,441 shares of the industrial products company’s stock worth $802,037,000 after purchasing an additional 279,627 shares during the period. Vanguard Group Inc. lifted its stake in shares of Deere & Company by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 21,988,363 shares of the industrial products company’s stock worth $9,031,500,000 after purchasing an additional 263,709 shares during the period. Finally, Strategic Financial Concepts LLC lifted its stake in shares of Deere & Company by 28,306.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 249,977 shares of the industrial products company’s stock worth $934,000 after purchasing an additional 249,097 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

    Deere & Company Stock Up 1.3 %

    Shares of NYSE DE opened at $411.11 on Friday. Deere & Company has a 12-month low of $340.20 and a 12-month high of $420.47. The company has a market cap of $113.29 billion, a P/E ratio of 12.38, a P/E/G ratio of 1.35 and a beta of 0.92. The company has a current ratio of 2.07, a quick ratio of 1.87 and a debt-to-equity ratio of 1.85. The stock has a fifty day moving average price of $387.01 and a 200 day moving average price of $385.53.

    Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings results on Thursday, August 15th. The industrial products company reported $6.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.63 by $0.66. Deere & Company had a return on equity of 36.71% and a net margin of 14.69%. The firm had revenue of $11.39 billion during the quarter, compared to the consensus estimate of $10.94 billion. During the same period in the prior year, the firm earned $10.20 EPS. The firm’s quarterly revenue was down 20.3% compared to the same quarter last year. Research analysts anticipate that Deere & Company will post 25.03 EPS for the current fiscal year.

    Deere & Company Dividend Announcement

    The business also recently declared a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Monday, September 30th will be issued a $1.47 dividend. The ex-dividend date is Monday, September 30th. This represents a $5.88 annualized dividend and a yield of 1.43%. Deere & Company’s dividend payout ratio is currently 17.70%.

    Analysts Set New Price Targets

    A number of brokerages have weighed in on DE. Deutsche Bank Aktiengesellschaft reduced their price target on Deere & Company from $402.00 to $389.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. JPMorgan Chase & Co. increased their price target on Deere & Company from $360.00 to $420.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets began coverage on Deere & Company in a research note on Friday, August 9th. They set a “market perform” rating and a $400.00 price target on the stock. HSBC lowered Deere & Company from a “buy” rating to a “hold” rating in a research note on Monday, August 19th. Finally, Citigroup increased their price target on Deere & Company from $395.00 to $420.00 and gave the stock a “neutral” rating in a research note on Wednesday. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $420.69.

    Read Our Latest Analysis on Deere & Company

    Deere & Company Profile

    (Free Report)

    Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers.

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    Institutional Ownership by Quarter for Deere & Company (NYSE:DE)

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  • Meta Platforms, Inc. (NASDAQ:META) Shares Acquired by Cypress Wealth Services LLC

    Meta Platforms, Inc. (NASDAQ:META) Shares Acquired by Cypress Wealth Services LLC

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    Cypress Wealth Services LLC increased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.9% during the third quarter, Holdings Channel reports. The fund owned 4,293 shares of the social networking company’s stock after purchasing an additional 163 shares during the quarter. Cypress Wealth Services LLC’s holdings in Meta Platforms were worth $2,458,000 as of its most recent filing with the Securities & Exchange Commission.

    Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Meta Platforms by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 187,180,393 shares of the social networking company’s stock worth $90,891,055,000 after purchasing an additional 831,047 shares during the last quarter. Capital World Investors boosted its holdings in shares of Meta Platforms by 0.6% during the first quarter. Capital World Investors now owns 38,299,316 shares of the social networking company’s stock worth $18,597,382,000 after purchasing an additional 244,803 shares during the period. Capital Research Global Investors boosted its holdings in shares of Meta Platforms by 14.5% during the first quarter. Capital Research Global Investors now owns 34,597,001 shares of the social networking company’s stock worth $16,799,612,000 after purchasing an additional 4,379,826 shares during the period. Jennison Associates LLC boosted its holdings in shares of Meta Platforms by 24.7% during the first quarter. Jennison Associates LLC now owns 13,867,398 shares of the social networking company’s stock worth $6,733,731,000 after purchasing an additional 2,748,620 shares during the period. Finally, GQG Partners LLC boosted its holdings in shares of Meta Platforms by 3.1% during the first quarter. GQG Partners LLC now owns 11,497,335 shares of the social networking company’s stock worth $5,582,876,000 after purchasing an additional 342,742 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

    Analyst Ratings Changes

    META has been the subject of several research reports. Royal Bank of Canada restated an “outperform” rating and set a $570.00 price target on shares of Meta Platforms in a report on Thursday, August 1st. KeyCorp lifted their price target on shares of Meta Platforms from $560.00 to $655.00 and gave the company an “overweight” rating in a research report on Wednesday. Monness Crespi & Hardt boosted their target price on shares of Meta Platforms from $570.00 to $620.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Wells Fargo & Company boosted their target price on shares of Meta Platforms from $647.00 to $652.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Finally, Barclays upped their price target on shares of Meta Platforms from $520.00 to $550.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating, thirty-five have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $608.58.

    View Our Latest Stock Report on Meta Platforms

    Insider Transactions at Meta Platforms

    In related news, CEO Mark Zuckerberg sold 492 shares of the stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $600.75, for a total transaction of $295,569.00. Following the sale, the chief executive officer now owns 518,508 shares of the company’s stock, valued at approximately $311,493,681. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, COO Javier Olivan sold 412 shares of the stock in a transaction dated Thursday, July 18th. The stock was sold at an average price of $474.86, for a total transaction of $195,642.32. Following the transaction, the chief operating officer now directly owns 5,971 shares in the company, valued at approximately $2,835,389.06. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark Zuckerberg sold 492 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $600.75, for a total value of $295,569.00. Following the transaction, the chief executive officer now owns 518,508 shares in the company, valued at approximately $311,493,681. 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 sold 266,412 shares of company stock worth $140,058,708. 13.71% of the stock is owned by company insiders.

    Meta Platforms Stock Down 0.3 %

    Meta Platforms stock traded down $1.83 during trading on Thursday, hitting $588.68. 1,018,717 shares of the company were exchanged, compared to its average volume of 15,362,240. The business’s 50 day moving average is $534.36 and its 200 day moving average is $504.36. Meta Platforms, Inc. has a 52 week low of $279.40 and a 52 week high of $602.95. The company has a market capitalization of $1.49 trillion, a P/E ratio of 33.92, a PEG ratio of 1.39 and a beta of 1.22. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.12.

    Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The social networking company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.70 by $0.46. The firm had revenue of $39.07 billion during the quarter, compared to the consensus estimate of $38.26 billion. Meta Platforms had a return on equity of 34.16% and a net margin of 34.34%. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.23 EPS. Analysts predict that Meta Platforms, Inc. will post 21.36 earnings per share for the current year.

    Meta Platforms Announces Dividend

    The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Monday, September 16th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $2.00 annualized dividend and a dividend yield of 0.34%. Meta Platforms’s payout ratio is 11.49%.

    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.

    Read More

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

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

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  • Strategic Advisors LLC Cuts Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

    Strategic Advisors LLC Cuts Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

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    Strategic Advisors LLC reduced its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report) by 12.4% during the third quarter, HoldingsChannel reports. The fund owned 20,500 shares of the company’s stock after selling 2,900 shares during the period. Strategic Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $370,000 as of its most recent SEC filing.

    Several other institutional investors also recently modified their holdings of QYLD. Hexagon Capital Partners LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% during the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after buying an additional 1,927 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter valued at $39,000. American National Bank purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter valued at $41,000. DHJJ Financial Advisors Ltd. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after buying an additional 2,406 shares during the last quarter. Finally, MCF Advisors LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $49,000.

    Global X Nasdaq 100 Covered Call ETF Price Performance

    Shares of Global X Nasdaq 100 Covered Call ETF stock traded up $0.02 during trading on Thursday, hitting $18.17. 1,319,202 shares of the company’s stock traded hands, compared to its average volume of 4,457,425. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.19. The stock has a market capitalization of $8.16 billion, a P/E ratio of 28.58 and a beta of 0.71. The business has a 50-day simple moving average of $17.67 and a 200-day simple moving average of $17.68.

    Global X Nasdaq 100 Covered Call ETF Increases Dividend

    The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were given a dividend of $0.181 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.17 annualized dividend and a dividend yield of 11.95%.

    Global X Nasdaq 100 Covered Call ETF Company Profile

    (Free Report)

    The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.

    See Also

    Want to see what other hedge funds are holding QYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report).

    Institutional Ownership by Quarter for Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

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