Top Canadian Stocks To Buy: March 2019

Thursday, March 28, 2019

Top Insurance Stocks To Own Right Now

tags:PFG,AIG,TOP,WRB,AON,

Dakota Wealth Management purchased a new position in shares of BB&T Co. (NYSE:BBT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,835 shares of the insurance provider’s stock, valued at approximately $496,000.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of BB&T by 1.2% during the 1st quarter. BlackRock Inc. now owns 49,369,961 shares of the insurance provider’s stock worth $2,569,212,000 after purchasing an additional 592,656 shares during the period. First Eagle Investment Management LLC grew its stake in shares of BB&T by 0.9% during the 1st quarter. First Eagle Investment Management LLC now owns 16,798,617 shares of the insurance provider’s stock worth $874,200,000 after purchasing an additional 141,867 shares during the period. Bank of New York Mellon Corp grew its stake in shares of BB&T by 5.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,461,296 shares of the insurance provider’s stock worth $527,666,000 after purchasing an additional 547,692 shares during the period. American Century Companies Inc. grew its stake in shares of BB&T by 4.2% during the 2nd quarter. American Century Companies Inc. now owns 8,192,862 shares of the insurance provider’s stock worth $413,248,000 after purchasing an additional 329,277 shares during the period. Finally, Thomaspartners Inc. grew its stake in shares of BB&T by 1.2% during the 1st quarter. Thomaspartners Inc. now owns 6,829,814 shares of the insurance provider’s stock worth $355,424,000 after purchasing an additional 79,193 shares during the period. 65.16% of the stock is currently owned by institutional investors and hedge funds.

Top Insurance Stocks To Own Right Now: Principal Financial Group Inc(PFG)

Advisors' Opinion:

[By Joseph Griffin]
Sawtooth Solutions LLC bought a new position in Principal Financial Group Inc (NYSE:PFG) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 17,428 shares of the financial services provider’s stock, valued at approximately $922,000.
[By Logan Wallace]
Get a free copy of the Zacks research report on Principal Financial Group (PFG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Logan Wallace]
ING Groep NV boosted its stake in Principal Financial Group Inc (NYSE:PFG) by 7.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 27,524 shares of the financial services provider’s stock after purchasing an additional 1,991 shares during the period. ING Groep NV’s holdings in Principal Financial Group were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
[By Logan Wallace]
Provident Financial plc (LON:PFG) has received a consensus recommendation of “Hold” from the fifteen research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 1,244.33 ($16.57).
[By Max Byerly]
Shore Capital reissued their hold rating on shares of Provident Financial (LON:PFG) in a report issued on Thursday.

PFG has been the subject of several other reports. Liberum Capital reissued a sell rating and set a GBX 483 ($6.48) price objective on shares of Provident Financial in a research note on Monday, February 26th. Peel Hunt reissued a hold rating and set a GBX 870 ($11.67) price objective on shares of Provident Financial in a research note on Tuesday, February 27th. JPMorgan Chase & Co. reduced their price objective on Provident Financial from GBX 1,100 ($14.76) to GBX 750 ($10.06) and set a neutral rating for the company in a research note on Thursday, May 10th. Barclays reissued an underweight rating and set a GBX 584 ($7.84) price objective on shares of Provident Financial in a research note on Wednesday, January 31st. Finally, Societe Generale lowered Provident Financial to a hold rating and set a GBX 1,050 ($14.09) price objective for the company. in a research note on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Provident Financial presently has a consensus rating of Hold and a consensus price target of GBX 1,190.14 ($15.97).

Top Insurance Stocks To Own Right Now: American International Group Inc.(AIG)

Advisors' Opinion:

[By Dan Caplinger]
The stock market finished the session mixed on Thursday, with investors initially reacting negatively to news of a big drop in retail sales during December but then gradually regaining confidence over the course of the day. By the close, most major benchmarks had declined modestly, though the Nasdaq ended just in the green. Yet among individual companies, weak earnings reports sent some stocks lower. American International Group (NYSE:AIG), CenturyLink (NYSE:CTL), and Six Flags Entertainment (NYSE:SIX) were among the worst performers. Here's why they did so poorly.
[By ]
Insurance company American International Group Inc. (AIG) stock fell 5.3% as harsh winter weather weighed on profits. But the company's long-term care exposure is relatively minimal.
[By Ethan Ryder]
Traders sold shares of American International Group Inc (NYSE:AIG) on strength during trading on Tuesday. $17.03 million flowed into the stock on the tick-up and $57.49 million flowed out of the stock on the tick-down, for a money net flow of $40.46 million out of the stock. Of all companies tracked, American International Group had the 19th highest net out-flow for the day. American International Group traded up $0.20 for the day and closed at $53.37
[By Logan Wallace]
CNB Bank bought a new position in shares of American International Group Inc (NYSE:AIG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 706 shares of the insurance provider’s stock, valued at approximately $28,000.
[By Lisa Levin]

Losers Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering. InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday. Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81. Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections. Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results. LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss. Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit. Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings. Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss. Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight. Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings. The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results. Arcadia Biosciences, Inc. (N
[By Matthew Frankel, CFP]
Today marks 10 years to the day since the Treasury Department and the Federal Reserve announced a restructuring of insurance giant AIG (NYSE:AIG). Here's a look back at the key events that led up to the government-assisted restructuring, as well as a quick look at how AIG is doing a decade later.

Top Insurance Stocks To Own Right Now: Topdanmark A/S (TOP)

Advisors' Opinion:

[By Max Byerly]
TopCoin (CURRENCY:TOP) traded flat against the U.S. dollar during the one day period ending at 7:00 AM E.T. on September 8th. In the last seven days, TopCoin has traded flat against the U.S. dollar. TopCoin has a total market capitalization of $0.00 and $0.00 worth of TopCoin was traded on exchanges in the last day. One TopCoin coin can now be bought for about $0.0008 or 0.00000010 BTC on major cryptocurrency exchanges.
[By Logan Wallace]
TopCoin (CURRENCY:TOP) traded flat against the US dollar during the 24-hour period ending at 16:00 PM E.T. on March 9th. During the last seven days, TopCoin has traded flat against the US dollar. One TopCoin coin can currently be bought for about $0.0008 or 0.00000010 BTC on cryptocurrency exchanges. TopCoin has a market capitalization of $0.00 and $0.00 worth of TopCoin was traded on exchanges in the last 24 hours.
[By Max Byerly]
ILLEGAL ACTIVITY NOTICE: “Enertopia (TOP) Stock Price Up 16.7%” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/4181611/enertopia-top-stock-price-up-16-7.html.
[By Logan Wallace]
TopCoin (CURRENCY:TOP) traded down 15.4% against the dollar during the 1-day period ending at 7:00 AM E.T. on June 21st. During the last seven days, TopCoin has traded up 4% against the dollar. TopCoin has a market cap of $0.00 and approximately $123.00 worth of TopCoin was traded on exchanges in the last day. One TopCoin coin can currently be bought for about $0.0010 or 0.00000015 BTC on popular exchanges.

Top Insurance Stocks To Own Right Now: W.R. Berkley Corporation(WRB)

Advisors' Opinion:

[By Max Byerly]
Shares of W. R. Berkley Corp (NYSE:WRB) saw strong trading volume on Tuesday . 1,794,500 shares changed hands during trading, an increase of 388% from the previous session’s volume of 367,847 shares.The stock last traded at $79.32 and had previously closed at $78.15.
[By Joseph Griffin]
W. R. Berkley Corp (NYSE:WRB) has received a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $69.33.
[By Joseph Griffin]
Get a free copy of the Zacks research report on W. R. Berkley (WRB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Stephan Byrd]
Gilder Gagnon Howe & Co. LLC cut its holdings in W. R. Berkley Corp (NYSE:WRB) by 6.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 61,225 shares of the insurance provider’s stock after selling 4,153 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 0.05% of W. R. Berkley worth $4,433,000 at the end of the most recent quarter.
[By Shane Hupp]
Gifford Fong Associates bought a new position in shares of W. R. Berkley Corp (NYSE:WRB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,000 shares of the insurance provider’s stock, valued at approximately $217,000.
[By Ethan Ryder]
ValuEngine cut shares of W. R. Berkley (NYSE:WRB) from a buy rating to a hold rating in a report released on Monday morning.

WRB has been the topic of a number of other research reports. Bank of America cut shares of W. R. Berkley from a neutral rating to an underperform rating and set a $74.00 target price on the stock. in a report on Thursday, June 14th. They noted that the move was a valuation call. Zacks Investment Research cut shares of W. R. Berkley from a buy rating to a hold rating in a report on Tuesday, February 20th. Boenning Scattergood restated a hold rating on shares of W. R. Berkley in a report on Wednesday, April 25th. Finally, Goldman Sachs Group started coverage on shares of W. R. Berkley in a report on Monday. They set a sell rating and a $74.00 target price on the stock. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. W. R. Berkley currently has a consensus rating of Hold and a consensus price target of $70.78.

Top Insurance Stocks To Own Right Now: Aon Corporation(AON)

Advisors' Opinion:

[By Shane Hupp]
BB&T Securities LLC raised its holdings in Aon PLC (NYSE:AON) by 6.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 23,068 shares of the financial services provider’s stock after purchasing an additional 1,352 shares during the period. BB&T Securities LLC’s holdings in AON were worth $3,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
[By Shane Hupp]
Fiera Capital Corp boosted its stake in shares of Aon PLC (NYSE:AON) by 34.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,058 shares of the financial services provider’s stock after buying an additional 1,301 shares during the quarter. Fiera Capital Corp’s holdings in AON were worth $694,000 as of its most recent SEC filing.
[By Joseph Griffin]
A number of equities analysts recently commented on AON shares. Wells Fargo & Co lifted their price objective on AON from $165.00 to $150.00 and gave the stock a “market perform” rating in a research report on Tuesday, November 13th. Morgan Stanley lifted their price objective on AON from $152.00 to $167.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 14th. Keefe, Bruyette & Woods downgraded AON from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 13th. ValuEngine downgraded AON from a “buy” rating to a “hold” rating in a research report on Wednesday, December 26th. Finally, Zacks Investment Research upgraded AON from a “hold” rating to a “buy” rating and set a $157.00 price objective on the stock in a research report on Monday, December 31st. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $169.10.
ILLEGAL ACTIVITY NOTICE: “Aon PLC (AON) Shares Bought by Polar Capital LLP” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/4218889/aon-plc-aon-shares-bought-by-polar-capital-llp.html.
AON Profile

Tuesday, March 26, 2019

Top 5 Casino Stocks To Buy For 2019

tags:EVA,ITT,LYTS,FBNC,ACI,

Zacks Investment Research cut shares of MGM Growth Properties (NYSE:MGP) from a buy rating to a hold rating in a report published on Saturday morning.

According to Zacks, “MGM Growth Properties LLC is a real estate investment trust. The company is engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts which include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGM Growth Properties LLC is based in Las Vegas, Nevada. “

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Several other brokerages have also recently weighed in on MGP. Deutsche Bank reaffirmed a hold rating and issued a $28.00 target price on shares of MGM Growth Properties in a report on Monday, January 28th. Robert W. Baird started coverage on shares of MGM Growth Properties in a report on Friday, January 4th. They issued an outperform rating and a $33.00 target price on the stock. Finally, SunTrust Banks raised shares of MGM Growth Properties from a hold rating to a buy rating and raised their target price for the company from $30.00 to $32.00 in a report on Wednesday, January 9th. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of $32.00.

Top 5 Casino Stocks To Buy For 2019: Enviva Partners, LP(EVA)

Advisors' Opinion:

[By Tyler Crowe]
The first quarter was particularly challenging for wood pellet producer Enviva Partners (NYSE:EVA), as one of its key infrastructure assets caught fire and wreaked havoc on its financials. Fortunately for the company, it was able to resolve this issue by the end of the quarter and was able to work around it without suffering too much more financial damage. Also, Enviva announced several new customer agreements that give it a sold growth runway well into the middle of the next decade.
[By Stephan Byrd]
Enviva Partners (NYSE:EVA)‘s stock had its “buy” rating restated by stock analysts at Royal Bank of Canada in a report issued on Thursday. They presently have a $37.00 target price on the energy company’s stock. Royal Bank of Canada’s price target indicates a potential upside of 15.63% from the company’s previous close.
[By Ethan Ryder]
Get a free copy of the Zacks research report on Enviva Partners (EVA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Matthew DiLallo]
Three companies well positioned to benefit from this renewable powered growth are NextEra Energy Partners (NYSE:NEP), Pattern Energy Group (NASDAQ:PEGI), and Enviva Partners LP (NYSE:EVA). That's why they're at the top of my renewable-stock watchlist. Here's what I'm currently watching at each one before potentially adding them to my portfolio.
[By Shane Hupp]
Enviva Partners (NYSE:EVA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $36.00 target price on the stock. According to Zacks, “Enviva Partners, LP is a master limited partnership which owns and operates wood pellet production plants. It serves primarily in the United States and Europe. Enviva Partners, LP is based in Bethesa, United States. “

Top 5 Casino Stocks To Buy For 2019: ITT Corporation(ITT)

Advisors' Opinion:

[By Motley Fool Transcribers]
ITT Corp (NYSE:ITT)Q4 2018 Earnings Conference CallFeb. 22, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:
Operator
[By Joseph Griffin]
ITT Inc (NYSE:ITT) – Seaport Global Securities increased their Q4 2019 earnings per share estimates for ITT in a research note issued on Tuesday, August 7th. Seaport Global Securities analyst W. Liptak now expects that the conglomerate will post earnings of $0.87 per share for the quarter, up from their prior estimate of $0.81. Seaport Global Securities currently has a “Buy” rating and a $69.00 target price on the stock.
[By Ethan Ryder]
Intelligent Trading Foundation (CURRENCY:ITT) traded 1.1% higher against the US dollar during the 1 day period ending at 8:00 AM ET on April 18th. In the last week, Intelligent Trading Foundation has traded up 19.5% against the US dollar. One Intelligent Trading Foundation token can currently be purchased for about $0.0764 or 0.00000942 BTC on cryptocurrency exchanges including COSS, EtherDelta (ForkDelta), IDEX and Mercatox. Intelligent Trading Foundation has a total market cap of $749,032.00 and approximately $863.00 worth of Intelligent Trading Foundation was traded on exchanges in the last 24 hours.

Top 5 Casino Stocks To Buy For 2019: LSI Industries Inc.(LYTS)

Advisors' Opinion:

[By Joseph Griffin]
LSI Industries, Inc. (NASDAQ:LYTS) CEO Ronald D. Brown acquired 5,000 shares of the business’s stock in a transaction on Monday, August 20th. The shares were bought at an average cost of $5.30 per share, with a total value of $26,500.00. Following the completion of the acquisition, the chief executive officer now owns 5,000 shares in the company, valued at $26,500. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
[By Ethan Ryder]
LSI Industries, Inc. (NASDAQ:LYTS) Director John K. Morgan purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was bought at an average cost of $3.27 per share, with a total value of $32,700.00. Following the acquisition, the director now owns 35,880 shares of the company’s stock, valued at approximately $117,327.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Top 5 Casino Stocks To Buy For 2019: First Bancorp(FBNC)

Advisors' Opinion:

[By Shane Hupp]
ILLEGAL ACTIVITY WARNING: “Intrust Bank NA Takes $240,000 Position in First Bancorp (FBNC)” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/4163865/intrust-bank-na-takes-240000-position-in-first-bancorp-fbnc.html.
[By Ethan Ryder]
First Bancorp (NASDAQ:FBNC) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
[By Joseph Griffin]
First Bancorp (NASDAQ:FBNC)‘s stock had its “buy” rating reaffirmed by analysts at Brean Capital in a note issued to investors on Monday.
[By Logan Wallace]
Bank of New York Mellon Corp cut its stake in First Bancorp (NASDAQ:FBNC) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,183 shares of the financial services provider’s stock after selling 4,992 shares during the quarter. Bank of New York Mellon Corp owned about 0.65% of First Bancorp worth $7,903,000 as of its most recent SEC filing.

Top 5 Casino Stocks To Buy For 2019: NO Name(ACI)

Advisors' Opinion:

[By Garrett Baldwin]
Before the bell, the U.S. Bureau of Economic Analysis reported its second GDP estimate for the fourth quarter. U.S. economic growth came in at 2.6%, a figure that topped consensus expectations. Q2 and Q3 2018 GDP growth came in at fabulous levels – 4.2% and 3.4%, respectively. However, investors predicted the reading would come in lower due to the government shutdown during the fourth quarter. In other economic news, the Department of Labor this morning reported weekly jobless claims at 225,000. That figure is slightly higher than the 220,000 expected by economists. The price of Bitcoin is currently hovering just under $4,000. We've been watching a long process of consolidation at these levels for several weeks. Despite short-term pain in the markets, Money Morning's David Zeiler outlines the bullish case for Bitcoin. How high can the price of Bitcoin go? David makes the bullish case that Bitcoin could hit $250,000 by 2025. For more on how to profit from Bitcoin's next bull cycle, go here now. Stocks to Watch Today: JCP, JWN, ACI, BUD Shares of J.C. Penney Co. Inc. (NYSE: JCP) popped more than 16% after the embattled retail giant reported earnings. The company topped Wall Street expectations and announced plans to shutter another 18 department stores this year. The company's balance sheet temporarily improved after it was able to reduce its massive inventory glut. The firm reported EPS of $0.18, topping forecasts by $0.08. Revenue came in at $3.79 billion. Shares of Anheuser Busch Inbev NV (NYSE: BUD) popped more than 5% after the beer brewing giant crushed Wall Street earnings expectations. The Budweiser and Corona maker announced plans to increase its non-alcoholic and low-alcohol drinks business, two areas that continue to show impressive and rising global demand. The Western Union Co. (NYSE: WU) is generating buzz after it announced a $1 billion stock buyback program. In addition, the payment giant said it would sell its Speedpay bill paying bu

Thursday, March 21, 2019

Acadian Asset Management LLC Purchases Shares of 5,613 Vedanta Ltd (VEDL)

Acadian Asset Management LLC purchased a new position in Vedanta Ltd (NYSE:VEDL) in the 4th quarter, Holdings Channel reports. The fund purchased 5,613 shares of the basic materials company’s stock, valued at approximately $65,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VEDL. Thomas White International Ltd. purchased a new position in shares of Vedanta in the 3rd quarter worth about $4,926,000. Hsbc Holdings PLC increased its holdings in Vedanta by 8.3% in the 3rd quarter. Hsbc Holdings PLC now owns 3,557,209 shares of the basic materials company’s stock worth $45,533,000 after buying an additional 272,323 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Vedanta in the 3rd quarter worth about $3,321,000. Allianz Asset Management GmbH bought a new stake in Vedanta in the 3rd quarter worth about $2,768,000. Finally, William Blair Investment Management LLC increased its holdings in Vedanta by 38.0% in the 3rd quarter. William Blair Investment Management LLC now owns 736,298 shares of the basic materials company’s stock worth $9,421,000 after buying an additional 202,602 shares in the last quarter. 4.54% of the stock is owned by hedge funds and other institutional investors.

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Several research firms recently commented on VEDL. Goldman Sachs Group downgraded Vedanta from a “buy” rating to a “neutral” rating in a report on Friday, February 1st. CLSA downgraded Vedanta from a “buy” rating to a “sell” rating in a report on Friday, February 1st. Finally, Bank of America downgraded Vedanta from a “buy” rating to a “neutral” rating in a report on Friday, February 1st.

NYSE VEDL opened at $9.96 on Friday. Vedanta Ltd has a one year low of $8.34 and a one year high of $19.55. The stock has a market capitalization of $7.52 billion, a P/E ratio of 7.51 and a beta of 1.51. The company has a quick ratio of 0.77, a current ratio of 0.98 and a debt-to-equity ratio of 0.47.

TRADEMARK VIOLATION NOTICE: “Acadian Asset Management LLC Purchases Shares of 5,613 Vedanta Ltd (VEDL)” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/4222244/acadian-asset-management-llc-purchases-shares-of-5613-vedanta-ltd-vedl.html.

About Vedanta

Vedanta Limited operates as a diversified natural resources company in India. The company produces oil and gas, zinc, lead, silver, iron ore, copper, and aluminum. It also operates 1,980 megawatts (MW) thermal coal-based commercial power facilities; a 600 MW thermal coal-based commercial power facility in Jharsuguda; a 600 MW thermal coal- based commercial power facility in Korba; 274 MW wind power plants; and a 100 MW power plant.

See Also: Understanding Price to Earnings Ratio (PE)

Want to see what other hedge funds are holding VEDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vedanta Ltd (NYSE:VEDL).

Institutional Ownership by Quarter for Vedanta (NYSE:VEDL)

Tuesday, March 19, 2019

Buy LIC Housing Finance; target of Rs 600: Motilal Oswal

Motilal Oswal's research report on LIC Housing Finance

Our strategist recently increased the weightage of LIC Housing Finance (LICHF) in our model portfolio. In our view, after a span of two years, the business environment is turning favorable for LICHF. With liquidity tightening, we expect players with stronger parentage to disproportionately benefit v/s peers. The benefit to such players will be two-fold; (a) they will have access to larger quantum of capital from the debt markets at more competitive rates, and (b) lower-rated peers would now be less aggressive, thus, reducing competition as well as balance transfer pressure. LICHF sailed through the past quarter with relative ease owing to its parentage and granular balance sheet (94% of loans are to individuals). It raised INR200b from NCDs, INR90b from CPs and INR10b from deposits in the quarter. While core home loan growth was moderate, we expect it to accelerate over the ensuing quarters.

Outlook

At CMP, the stock trades at 1.4x FY20 BVPS - this is close to its decadal low of 1.1x. With steady-to-improving core home loan growth, stable spread and asset quality, LICHF is set to deliver 1.5%/16% RoA/RoE over the medium term. Key risks stem from the increasing GNPL ratio of the retail loan book. Maintain BUY with a target price of INR600 (1.5x Dec 2020E BVPS).

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Mar 19, 2019 02:56 pm

Saturday, March 16, 2019

Analyzing U.S. Global Investors (GROW) and Federated Investors (FII)

U.S. Global Investors (NASDAQ:GROW) and Federated Investors (NYSE:FII) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, dividends, valuation, earnings, profitability, risk and institutional ownership.

Volatility & Risk

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U.S. Global Investors has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Federated Investors has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500.

Dividends

U.S. Global Investors pays an annual dividend of $0.03 per share and has a dividend yield of 2.5%. Federated Investors pays an annual dividend of $1.08 per share and has a dividend yield of 3.6%. Federated Investors pays out 45.2% of its earnings in the form of a dividend.

Analyst Ratings

This is a summary of recent recommendations for U.S. Global Investors and Federated Investors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
U.S. Global Investors	0	0	0	0	N/A
Federated Investors	0	6	1	0	2.14

Federated Investors has a consensus target price of $27.14, suggesting a potential downside of 8.61%. Given Federated Investors’ higher probable upside, analysts plainly believe Federated Investors is more favorable than U.S. Global Investors.

Valuation & Earnings

This table compares U.S. Global Investors and Federated Investors’ revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
U.S. Global Investors	$6.26 million	2.93	$640,000.00	N/A	N/A
Federated Investors	$1.14 billion	2.64	$220.29 million	$2.39	12.43

Federated Investors has higher revenue and earnings than U.S. Global Investors.

Profitability

This table compares U.S. Global Investors and Federated Investors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
U.S. Global Investors	-98.83%	-22.19%	-20.30%
Federated Investors	19.40%	29.33%	17.26%

Institutional & Insider Ownership

25.2% of U.S. Global Investors shares are owned by institutional investors. Comparatively, 85.3% of Federated Investors shares are owned by institutional investors. 5.3% of Federated Investors shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Federated Investors beats U.S. Global Investors on 10 of the 13 factors compared between the two stocks.

U.S. Global Investors Company Profile

U.S. Global Investors logo U.S. Global Investors, Inc. is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles. The firm manages equity and fixed income mutual funds for its clients. It also manages hedge funds. The firm also manages exchange traded funds. It invests in the public equity and fixed income markets across the globe. It invests in G.A.R.P. and value stocks to make its equity investments. The firm employs a fundamental and quantitative analysis with top-down and bottom-up stock picking approach to make its investments. U.S. Global Investors, Inc. was founded in 1968 and is based in San Antonio, Texas.

Federated Investors Company Profile

Federated Investors, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Investors, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.

Friday, March 15, 2019

Here's the tax bill if you hit the $448 million Powerball jackpot

If someone hits the $448 million jackpot in Wednesday night's Powerball drawing, Uncle Sam will be waiting in the wings with both palms out.

While the odds of winning the top prize are stacked against players, the IRS — and often the state where you live — wastes no time getting at least a slice of every big lottery win.

"Winners are surprised by how much is withheld in taxes from the initial payment, and then how much more is owed when they file their taxes the following year," said Jason Kurland, a partner at Rivkin Radler, a law firm in Uniondale, New York.

More from Advisor Insight:
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Here are 8 costly retirement mistakes to avoid

"All of the numbers involved in these huge jackpots are staggering, and the taxes are no exception," said Kurland, who helps big lottery winners navigate their windfall.

The chance of winning the Powerball jackpot — which has been climbing since late December — is about 1 in 292 million.

Of course, at some point, there will be a jackpot winner. And whether the person takes their prize as an annuity spread out over three decades or as an immediate reduced lump sum, lottery officials are required to withhold 24 percent for federal taxes.

However, the top marginal tax rate of 37 percent means the winner would owe a lot more.

Largest lottery jackpots Rank Amount Date won Game Winner locations

1	$1.586 billion	Jan. 13 2016	Powerball	CA-FL-TN
2	$1.54 billion	Oct. 23 2018	Mega Millions	SC
3	$758.7 million	Aug. 23 2017	Powerball	MA
4	$687.8 million	Oct. 27 2018	Powerball	IA-NY
5	$656 million	Mar. 30 2012	Mega Millions	KS-IL-MD
6	$648 million	Dec. 17 2013	Mega Millions	CA-GA
7	$590.5 million	May 13 2018	Powerball	FL
8	$587.5 million	Nov. 28 2012	Powerball	AZ-MO
9	$564.1 million	Feb. 11 2015	Powerball	NC-PR-TX
10	$559.7 million	Jan. 6 2018	Powerball	NH

For Wednesday night's drawing, the cash option — which most winners go with — is $271.7 million. The 24 percent withholding would reduce that by $65.2 million.

Assuming the winner had no reduction to their taxable income, another 13 percent, or $35.3 million, would be due to the IRS ($100.5 million in all).

And that's before state taxes. That levy ranges from zero to more than 8 percent, depending on where you live and where you bought the ticket.

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In other words, you could pay north of 45 percent in taxes altogether.

However, there are strategies you can employ that reduce your taxable income, and therefore the amount you pay in taxes.

For example, you could make a cash donation of up to 60 percent of your adjusted gross income and carry forward, up to five years, any excess amount. Some lottery winners set up their own charitable foundation and donate a portion of their windfall to it.

Thursday, March 14, 2019

JP Morgan escalates deposit wars with expansion into Bank of America country

As J.P. Morgan Chase builds out its web of branches across the U.S., it is launching into areas long dominated by two of its biggest rivals.

J.P. Morgan is expanding into nine new U.S. markets as it fills gaps in its network of physical locations, according to a release seen by CNBC. Bank of America or Wells Fargo are a top lender in seven of those nine cities, according to Federal Deposit Insurance Corporation data.

The new markets are Charlotte and Raleigh, North Carolina; Greenville, South Carolina; Kansas City, Kansas; Minneapolis; Nashville, Tennessee; Pittsburgh; Providence, Rhode Island; and St. Louis.

For instance, in Charlotte – where Bank of America has its global headquarters — the lender has 81 percent of the market and $158 billion in deposits, according to the FDIC. Wells Fargo ranks second place in Charlotte, but first in Raleigh, North Carolina and Greenville, South Carolina.

"There's competition in every single one of these cities, whether it's from big banks or smaller ones," said Dan Deegan, J.P. Morgan's head of market expansion.

As J.P. Morgan seeks to cover most of the U.S. population with branches by 2022, it is heightening a rivalry with the country's biggest banks. The lender announced in January 2018 that it planned to open 400 new branches over five years. Banks of all sizes – from behemoths like J.P. Morgan, the biggest U.S. bank by assets, to online-only offerings like Goldman Sachs' Marcus – are competing for deposits to fuel growth.

J.P. Morgan said it will open 90 new branches this year, although most of those will be in the Washington D.C., Philadelphia and Boston areas, Deegan said. With Wednesday's announcement, the bank has disclosed the majority of new markets it plans to enter, he said.

About 30 percent of branches will be in low-to-moderate income areas, and the lender is planning to work with community groups on job training efforts, the bank said.

Despite its expansion plans, J.P. Morgan has recently been winnowing the total numbers of branches as it shutters under-performing or redundant locations. The bank had 5,036 branches at the end of 2018, or about 2 percent fewer than the year earlier.

And the bank makes it clear that when it comes to brick and mortar, it has options. The firm can shutter more than 75 percent of its branches within five years, or keep them open for more than a decade, J.P. Morgan said last month in an investor presentation.

show chapters

How JP Morgan Chase became the largest bank in the US 11:34 AM ET Fri, 8 March 2019 | 18:58

Tuesday, March 12, 2019

Zacks: Brokerages Anticipate Six Flags Entertainment Corp (SIX) Will Post Quarterly Sales of $124.41

Wall Street analysts expect that Six Flags Entertainment Corp (NYSE:SIX) will post sales of $124.41 million for the current quarter, according to Zacks Investment Research. Eight analysts have provided estimates for Six Flags Entertainment’s earnings, with the highest sales estimate coming in at $137.05 million and the lowest estimate coming in at $113.00 million. Six Flags Entertainment posted sales of $128.96 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.5%. The company is expected to issue its next earnings report on Tuesday, April 23rd.

According to Zacks, analysts expect that Six Flags Entertainment will report full-year sales of $1.53 billion for the current fiscal year, with estimates ranging from $1.51 billion to $1.59 billion. For the next year, analysts anticipate that the business will post sales of $1.60 billion, with estimates ranging from $1.56 billion to $1.69 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Six Flags Entertainment.

Get Six Flags Entertainment alerts:

Six Flags Entertainment (NYSE:SIX) last announced its quarterly earnings data on Thursday, February 14th. The company reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.65. The business had revenue of $269.50 million during the quarter, compared to the consensus estimate of $284.50 million. Six Flags Entertainment had a negative return on equity of 43.77% and a net margin of 18.86%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.14 earnings per share.

A number of equities research analysts have recently commented on the company. TheStreet downgraded Six Flags Entertainment from a “b-” rating to a “c+” rating in a research report on Thursday. Zacks Investment Research downgraded Six Flags Entertainment from a “buy” rating to a “hold” rating in a research report on Friday. ValuEngine downgraded Six Flags Entertainment from a “hold” rating to a “sell” rating in a research report on Thursday. Oppenheimer lowered their price objective on Six Flags Entertainment from $80.00 to $68.00 in a research report on Thursday, January 17th. Finally, Wells Fargo & Co raised Six Flags Entertainment from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. Six Flags Entertainment presently has an average rating of “Buy” and a consensus target price of $66.11.

In other Six Flags Entertainment news, VP Brett Petit sold 27,750 shares of the business’s stock in a transaction dated Wednesday, January 16th. The stock was sold at an average price of $63.00, for a total transaction of $1,748,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Marshall Barber sold 1,275 shares of the business’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $56.48, for a total value of $72,012.00. Following the sale, the chief financial officer now directly owns 82,722 shares of the company’s stock, valued at approximately $4,672,138.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,139 shares of company stock valued at $1,827,495. 5.50% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of SIX. Capital World Investors purchased a new stake in Six Flags Entertainment during the third quarter valued at about $167,568,000. Oregon Public Employees Retirement Fund grew its position in Six Flags Entertainment by 5,463.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,564,983 shares of the company’s stock valued at $28,000 after acquiring an additional 1,536,851 shares during the period. Westfield Capital Management Co. LP grew its position in Six Flags Entertainment by 2,852.4% during the fourth quarter. Westfield Capital Management Co. LP now owns 1,033,017 shares of the company’s stock valued at $57,467,000 after acquiring an additional 998,028 shares during the period. Norges Bank purchased a new stake in Six Flags Entertainment during the fourth quarter valued at about $38,458,000. Finally, Millennium Management LLC grew its position in Six Flags Entertainment by 143.5% during the fourth quarter. Millennium Management LLC now owns 769,104 shares of the company’s stock valued at $42,785,000 after acquiring an additional 453,296 shares during the period. 93.39% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:SIX traded down $0.24 during midday trading on Wednesday, reaching $50.00. The company’s stock had a trading volume of 1,455,963 shares, compared to its average volume of 1,375,072. The company has a market cap of $4.22 billion, a P/E ratio of 15.48 and a beta of 1.26. Six Flags Entertainment has a 1 year low of $49.79 and a 1 year high of $73.38.

The company also recently declared a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Monday, February 18th were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date of this dividend was Thursday, February 14th. Six Flags Entertainment’s dividend payout ratio (DPR) is presently 101.55%.

Six Flags Entertainment Company Profile

Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags brand name. The company's parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 20 parks, including 17 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.

Monday, March 11, 2019

Energy stocks, coming off their worst week of the year, could see a sharper drop, technician says

After starting the year on a high note energy stocks have faltered this month, and two market watchers say there could be more downside for the sector.

The XLE energy ETF, which tracks some of the biggest energy players, shed nearly 4 percent last week, its worst weekly performance of the year.

The ETF is still green for the year — with shares up roughly 11 percent — but Piper Jaffray's Craig Johnson says this is more of a relief rally than anything else. In other words, he doesn't think the move higher is based on underlying strength.

"I think we're going to see energy sold, and that money is going to rotate into other areas where there's more momentum in the market," he said Friday on CNBC's "Trading Nation." He added that he would be "trimming positions in the XLE at this point in time."

Last quarter, the sector shed 24 percent — its worst quarter in a decade . Johnson attributes the move higher at the start of the year as simply a temporary break in selling.

Johnson also points out that from a technical perspective the sector is not flashing a buy signal. It's below its 200-day moving average, and while it has exhibited this kind of downward momentum before, this time its relative strength versus the S&P 500 has failed to move higher.

"What's interesting is we had the huge sell-off in Q4," he said. "Energy's been a terrific performing sector year to date, but we're not really seeing the relative outperformance the way we'd seen back in 2015, 2016. So I look at this as really a relief rally."

Like Johnson, BK Asset Management's Boris Schlossberg is staying away from the sector. He argues that at this point energy's fate is tied to a potential trade deal with China.

"I think the XLE story is really the China oil story at this point," he said. "An unwind of the China trade story" would be "very bad for oil, very bad for XLE."

While he warns not to "touch" it until and unless there's "positive news" regarding trade relations, he believes that if an agreement were reached, the XLE could shoot higher — at least temporarily.

"When we do have news on that front that is positive, I do think there will be a short-covering rally and then the XLE will be a very good buy," he said.

Disclaimer

Sunday, March 10, 2019

Why EPAM Systems Stock Jumped 14.4% in February

What happened

Shares of EPAM Systems (NYSE:EPAM), a leading provider of digital platform engineering and software development services, jumped 14.4% last month, according to data from S&P Global Market Intelligence. The stock is up 35.7% over the one-year period through March 8.

(For the curious: EPAM reportedly initially stood for "Effective Programming for America.")

For some context, the S&P 500 index returned 3.2% in February and has returned 2.2% over the last year.

Binary digits (0s and 1s) flying above and along a highway leading into a city -- concept for digital transformation.

Image source: Getty Images.

So what

EPAM Systems stock entered February with solid momentum, which we can probably attribute in part to investors moving money back into highly valued growth stocks this year after pulling it out of those stocks during the last few months of last year. Moreover, there were a couple of company-specific catalysts that contributed to its robust performance last month.

On Feb. 11, the suburban Philadelphia-based company announced that its TelescopeAI was a winner in Business Intelligence Group's 2019 BIG Innovation Awards. TelescopeAI is an "extensive, modular platform that uses artificial intelligence to help businesses gain a comprehensive view of IT operations and drive better decision-making by delivering deeper insights," according to the company. Shares of EPAM popped 1.9% on the day of this announcement.

On Feb. 14, EPAM Systems released fourth-quarter results that were better than expected, resulting in its stock jumping 3% that day. In the quarter, its revenue rose 27% year over year to $504.9 million, topping the $501 million that Wall Street was looking for. On a generally accepted accounting principles (GAAP) basis, the company posted a profit of $1.05 per share, versus a loss of $0.58 per share in the year-ago period. (The fourth quarter of 2017 was negatively impacted by a $74.6 million charge related to U.S. tax reform.) Adjusted for one-time items, earnings per share (EPS) jumped 26% to $1.27, besting the Street's consensus estimate of $1.23.

EPAM Chart

Data by YCharts.

Here's the one-year picture for EPAM Systems stock.

EPAM Chart

Data by YCharts.

Now what

EPAM issued first-quarter and full-year 2019 guidance as follows:

Metric

Q1 2019 Guidance

Projected Year-Over-Year Change

Full-Year 2019 Guidance

Projected Year-Over-Year Change

Revenue	At least $519 million	At least 22%	Number not specified.	At least 22%
GAAP EPS	At least $1.00	At least 15%	At least $4.45	At least 5%
Adjusted EPS	At least $1.16	At least 24.7%	At least $5.06	At least 15.5%

Data source: EPAM Systems. GAAP = generally accepted accounting principles. EPS = earnings per share.

Saturday, March 9, 2019

Top Clean Energy Stocks To Invest In Right Now

tags:CCIH,JBHT,Switzerland,

Falling prices and a drop in Chinese investment are on track to reduce year-over-year spending on new solar energy projects, according to Bloomberg NEF (BNEF). In the first six months of 2018, solar investment has dropped by 19% compared to the first half of 2017, and BNEF expects the downward trend to gather momentum in the second half of the year.

In the first half of this year, investment in clean energy projects declined just 1% year over year, and in the second quarter investment actually increased by 8%. The uptick was due primarily to a 33% increase in new wind power projects. Of the $138.2 billion invested in the first half of the year, $76.7 billion was devoted to wind projects.

In the first half of the year, China invested $35.1 billion in solar projects, down 29% year over year. BNEF analysts can foresee the first-ever decline in world solar installation for 2018. In 2017, new solar capacity totaled 98 gigawatts (GW), far more than any other technology, renewable or nonrenewable.

Top Clean Energy Stocks To Invest In Right Now: ChinaCache International Holdings Ltd.(CCIH)

Advisors' Opinion:

[By Stephan Byrd]
Intersections (NASDAQ:INTX) and ChinaCache International (NASDAQ:CCIH) are both business services companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, earnings, risk and dividends.
[By Logan Wallace]
ChinaCache International Holdings Ltd (NASDAQ:CCIH) shares saw unusually-high trading volume on Tuesday . Approximately 738,018 shares traded hands during mid-day trading, an increase of 559% from the previous session’s volume of 112,066 shares.The stock last traded at $1.36 and had previously closed at $1.22.

Top Clean Energy Stocks To Invest In Right Now: J.B. Hunt Transport Services Inc.(JBHT)

Advisors' Opinion:

[By ]
JB Hunt Transport Services (JBHT) : "I'm sticking with it."

Opko Health (OPK) : "I've been waiting for these guys to come back on the show and tell us why we should buy."
[By Stephan Byrd]
Rhumbline Advisers grew its position in shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) by 7.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,057 shares of the transportation company’s stock after purchasing an additional 13,292 shares during the period. Rhumbline Advisers owned 0.18% of J B Hunt Transport Services worth $23,588,000 at the end of the most recent quarter.
[By ]
JB Hunt Transport Services (Nasdaq: JBHT) specializes in the truck-to-rail intermodal segment of the industry, which means it may not benefit quite as much as the long-haul operators. Wages as a percentage of revenue are the lowest among the four competitors surveyed, though the average driver salary is slightly above the industry average.
[By Garrett Baldwin]
The ongoing trade rift between the United States and China continues to plague international markets. Despite reports that both countries are working behind the scenes to prevent additional detrimental trade policies, both countries recently proposed tens of billions in new tariffs on one another. The United States has accused China of widespread intellectual property theft, while China has accused the United States of unfair trade practices, including price manipulation in the agricultural industry. This morning, it's worth noting that proposed tariffs on U.S. business jets will likely not provide a competitive advantage to foreign competition. Reuters reports that Chinese aviation executives do not see the layer of protectionism as a way to bolster the nation's local market. Check back to Money Morning today for more insight on how the ongoing trade war could affect your investments. Finally, investors will continue to monitor ongoing developments in Washington around the presidency of Donald Trump. The White House has asked a federal judge to block prosecutors from reviewing any files seized from his lawyer's office during a raid by the FBI last week. The agency seized a trove of documents from lawyer Michael Cohen's office as part of an investigation into a payment of hush money. The spat between the White House and the FBI continues a day after former FBI Director James Comey called Trump "morally unfit to be president." Three Stocks to Watch Today: BAC, NFLX, AAPL Shares of Bank of America Corp. (NYSE: BAC) added nearly 1% after the nation's largest bank by deposits topped Wall Street earning expectations. The financial institution leads a busy day of earnings reports on Wall Street and hopes to keep its positive momentum from previous quarters. The firm reported earnings per share of $0.62 on top of $23.27 billion in revenue. That topped expectations of $0.59 on top of $22.91 billion thanks to strong growth in its consumer loan business and the r
[By Jim Crumly]
As for individual stocks, Arconic (NYSE:ARNC) moved up on a buyout rumor and some positive business updates, and J.B. Hunt Transport Services (NASDAQ:JBHT) announced a big jump in profit.

Top Clean Energy Stocks To Invest In Right Now: Tyco International Ltd.(Switzerland)

Advisors' Opinion:

[By ]
In addition to South Korea’s small ETF, there are a few funds traded in Europe that track Mexican assets. Here are the ones to watch:
Xtrackers MSCI Mexico UCITS ETF (Germany)iShares MSCI Mexico Capped UCITS ETF USD (Switzerland)HSBC MSCI Mexico Capped UCITS ETF (U.K.)Kim Kindex MSCI Mexico ETF (South Korea)Stocks
Some of the larger companies based in Mexico are dual listed in Europe. While trading in these securities is limited, there may be some movement in the European morning hours. Here are a few to watch:

Friday, March 8, 2019

Top 5 Energy Stocks To Own Right Now

tags:SOL,NGL,DNOW,EMKR,FELP,

U.S. stock futures are rallying this morning, driven by gains in the energy sector. Wall Street is digesting President Donald Trump’s decision to pull out of the U.S./Iran nuclear deal, which includes heavy sanctions on the oil-producing country.

Speaking of oil, the June contract was last seen higher by nearly 3% at roughly $71 per barrel.

Heading into the open, futures on the Dow Jones Industrial Average are up 0.46%, S&P 500 futures have added 0.41% and Nasdaq-100 futures have gained 0.30%.

Turning to the options pits, volume remained anemic yesterday as traders remained on the sidelines ahead of Trump’s announcement on Iran. Overall, only about 15.7 million calls and 12.8 million puts crossed the tape. On the CBOE, the single-session equity put/call volume ratio rebounded from recent lows to arrive at 0.61 — a one-week high. The 10-day moving average held at 0.64.

Top 5 Energy Stocks To Own Right Now: Renesola Ltd.(SOL)

Advisors' Opinion:

[By Logan Wallace]
Get a free copy of the Zacks research report on ReneSola (SOL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Joseph Griffin]
These are some of the media headlines that may have impacted Accern’s scoring:
Get ReneSola alerts: ReneSola Sells North Carolina Solar Project To Greenbacker (solarindustrymag.com) ReneSola (SOL) Rating Increased to Neutral at Roth Capital (americanbankingnews.com) ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates (zacks.com) ReneSola’s (SOL) CEO Xianshou Li on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) ReneSola (SOL) Releases Earnings Results (americanbankingnews.com)
Shares of ReneSola traded up $0.08, hitting $2.76, during trading on Friday, Marketbeat.com reports. The stock had a trading volume of 124,969 shares, compared to its average volume of 108,565. The firm has a market capitalization of $102.11 million, a PE ratio of 21.23 and a beta of 2.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.36. ReneSola has a 12 month low of $2.12 and a 12 month high of $3.79.
[By Max Byerly]
Sola Token (CURRENCY:SOL) traded 17.9% lower against the dollar during the 1-day period ending at 16:00 PM E.T. on October 11th. One Sola Token token can now be bought for about $0.0054 or 0.00000087 BTC on cryptocurrency exchanges including Tidex and OpenLedger DEX. Sola Token has a total market cap of $153,306.00 and $1,856.00 worth of Sola Token was traded on exchanges in the last 24 hours. In the last seven days, Sola Token has traded down 12.2% against the dollar.
[By Max Byerly]
Sola Token (CURRENCY:SOL) traded up 26.7% against the US dollar during the 24 hour period ending at 22:00 PM E.T. on September 28th. One Sola Token token can currently be bought for $0.0085 or 0.00000131 BTC on popular exchanges including Tidex and OpenLedger DEX. Sola Token has a market capitalization of $0.00 and approximately $3,239.00 worth of Sola Token was traded on exchanges in the last 24 hours. During the last week, Sola Token has traded flat against the US dollar.

Top 5 Energy Stocks To Own Right Now: NGL ENERGY PARTNERS LP(NGL)

Advisors' Opinion:

[By Ethan Ryder]
Get a free copy of the Zacks research report on NGL Energy Partners (NGL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Shane Hupp]
Here are some of the headlines that may have impacted Accern’s analysis:
Get Tidewater alerts: Current Trend: Tidewater (NYSE: TDW) (tradingnewsnow.com) Girls soccer | First Colonial’s Idelys Vazquez is the 2018 All-Tidewater Player of the Year (msn.com) Interesting Launch for Interesting Tugs (marinelink.com) Investor’s Alert (price to sales ratio) NGL Energy Partners LP (NYSE:NGL), LiveXLive Media, Inc. (NASDAQ:LIVX … (stocksnewspoint.com) Tidewater Mortgage Services opens Colonial Heights branch (progress-index.com)
Several brokerages recently weighed in on TDW. Zacks Investment Research downgraded shares of Tidewater from a “buy” rating to a “hold” rating in a research note on Tuesday, May 1st. ValuEngine raised shares of Tidewater from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd.
[By Motley Fool Transcribers]
NGL Energy Partners LP (NYSE:NGL)Q3 2019 Earnings Conference CallFeb. 11, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:
Operator

Top 5 Energy Stocks To Own Right Now: NOW Inc.(DNOW)

Advisors' Opinion:

[By Matthew DiLallo]
Shares of NOW Inc. (NYSE:DNOW) rose sharply on Thursday, increasing more than 15% by 10:45 a.m. EDT after the oil-field equipment distributor posted expectation-beating second-quarter results.
[By Stephan Byrd]
NOW Inc (NYSE:DNOW) – Equities researchers at Northcoast Research issued their Q2 2018 earnings per share (EPS) estimates for shares of NOW in a note issued to investors on Tuesday, July 31st. Northcoast Research analyst R. Cieslak expects that the oil and gas company will earn $0.02 per share for the quarter. Northcoast Research currently has a “Neutral” rating on the stock. Northcoast Research also issued estimates for NOW’s Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.04 EPS, FY2018 earnings at $0.12 EPS and FY2019 earnings at $0.43 EPS.
[By Ethan Ryder]
Get a free copy of the Zacks research report on NOW (DNOW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Matthew DiLallo]
The improvement in the oil industry accelerated in the second quarter thanks to higher crude prices, which in turn fueled demand for oil-field equipment. That trend benefited oil-field equipment distributor NOW Inc. (NYSE:DNOW), driving its revenue and earnings up sharply in what is typically a seasonally slower quarter. Because of that, the company expects strong revenue growth to continue for the balance of the year.
[By Shane Hupp]
Shares of DistributionNOW (NYSE:DNOW) have been given an average rating of “Hold” by the fourteen ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $12.50.
[By Stephan Byrd]
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
Get Alaska Air Group alerts: 68 percent of flight attendants say they have experienced sexual harassment on the job (finance.yahoo.com) ValuEngine Lowers Alaska Air Group (ALK) to Sell (americanbankingnews.com) Enamoring Five Stocks: Fitbit, Inc. (NYSE:FIT), Alaska Air Group, Inc. (NYSE:ALK), NOW Inc. (NYSE:DNOW), Leidos … (thestreetpoint.com) Average True Range under Trader’s Radar – Alaska Air Group (NYSE: ALK) (stocktradingdesk.com) Undertaking Stocks: Incyte Corporation (NASDAQ:INCY), Alaska Air Group, Inc. (NYSE:ALK), Innoviva, Inc. (NASDAQ … (journalfinance.net)
ALK has been the topic of a number of recent analyst reports. Morgan Stanley set a $78.00 price objective on Alaska Air Group and gave the stock a “buy” rating in a report on Friday, February 23rd. Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 price objective (down previously from $115.00) on shares of Alaska Air Group in a report on Wednesday, January 10th. Buckingham Research dropped their price objective on Alaska Air Group from $90.00 to $88.00 and set a “buy” rating on the stock in a report on Friday, January 26th. TheStreet lowered Alaska Air Group from a “b-” rating to a “c+” rating in a report on Monday, April 2nd. Finally, Barclays lowered Alaska Air Group from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $90.00 to $80.00 in a report on Wednesday, January 10th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $85.00.

Top 5 Energy Stocks To Own Right Now: EMCORE Corporation(EMKR)

Advisors' Opinion:

[By Ethan Ryder]
EMCORE Co. (NASDAQ:EMKR) traded up 8% during mid-day trading on Monday . The stock traded as high as $5.10 and last traded at $5.26. 11,341 shares changed hands during trading, a decline of 95% from the average session volume of 216,974 shares. The stock had previously closed at $4.87.
[By Max Byerly]
News stories about EMCORE (NASDAQ:EMKR) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EMCORE earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 45.6118508960632 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
[By Stephan Byrd]
EMCORE Co. (NASDAQ:EMKR) has been assigned a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $6.00.
[By Peter Graham]
Small cap fiber-optic networking product Applied Optoelectronics (NASDAQ: AAOI), a potential peer of EMCORE Corporation (NASDAQ: EMKR), Finisar Corporation (NASDAQ: FNSR) and Oclaro Inc (NASDAQ: OCLR), is the most shorted stock on the NASDAQ with short interest of 62.65% according to Highshortnterest.com.
[By Logan Wallace]
News articles about EMCORE (NASDAQ:EMKR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EMCORE earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 46.9972095148836 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Top 5 Energy Stocks To Own Right Now: Foresight Energy LP(FELP)

Advisors' Opinion:

[By Shane Hupp]
Get a free copy of the Zacks research report on Foresight Energy (FELP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Logan Wallace]
Press coverage about Foresight Energy (NYSE:FELP) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Foresight Energy earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 49.1393651374458 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
[By Shane Hupp]
Foresight Energy (NYSE:FELP) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Foresight Energy Partners LP is a producer and marketer of thermal coal. It operates four underground mining complexes, all in the Illinois Basin region of the United States. The Company’s mining complexes consist of: Williamson Energy, LLC, Sugar Camp Energy, LLC, Hillsboro Energy, LLC and Macoupin Energy, LLC. It markets and sells its coal to a diverse customer base including electric utility and industrial companies in the eastern United States, as well as the seaborne thermal coal market. Foresight Energy Partners LP is based in St. Louis, Missouri. “
[By Max Byerly]
News articles about Foresight Energy (NYSE:FELP) have been trending somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Foresight Energy earned a coverage optimism score of -0.08 on Accern’s scale. Accern also gave media stories about the energy company an impact score of 49.7617312910306 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Thursday, March 7, 2019

Hot Safest Stocks To Watch For 2019

tags:DNN,KURA,AEHR,SUP,

On the lookout for safe dividends? (Who isn’t, right?)

These days, you generally have three options: large-cap stocks with long dividend histories, municipal bonds and US Treasuries.

Treasuries are considered the safest of that group, and large-cap stocks the riskiest, but they’re still much safer than plenty of other investments, such as small caps and junk bonds.

I’ll show you two low-risk investments that are great buys now in a moment. But first, I want to tell you why recent events have called the safety of some of the options I just named into question.

Let’s start by looking at the following chart:

“Safe” Assets Turn Volatile

First, note how the iShares S&P National AMT-Free Municipal Bond Fund (MUB), a good proxy for municipal bonds as a whole, is the least volatile of the three funds shown above. But right now, it faces a steep downturn relative to its earlier stability.

Hot Safest Stocks To Watch For 2019: Denison Mine Corp(DNN)

Advisors' Opinion:

[By Shane Hupp]
Denison Mines (TSE:DML) (NYSE:DNN) had its price objective hoisted by Cormark from C$1.60 to C$1.80 in a research report sent to investors on Wednesday morning.
[By Jim Robertson]
Last Thursday, small cap uranium mining stock Denison Mines Corp (NYSEAMERICAN: DNN), which is also focused on the Athabasca Basin of Saskatchewan, reported 2017 earnings and gave its outlook for 2018 with the outlook coming with extensive commentary about the uranium market and Athabasca. David Cates, the President and CEO of Denison Mines Corp, gave the following commentary:
[By Scott Levine]
Shares of Denison Mines (NYSEMKT:DNN), a uranium exploration and development company, climbed 28% in September, according to data from S&P Global Market Intelligence. In addition to the news that Denison intends to acquire 100% of Cameco's interest in the Wheeler River Joint Venture, shareholders celebrated the reporting of favorable results from the company's pre-feasibility study (PFS) conducted at Wheeler River.
[By Logan Wallace]
Denison Mines (TSE:DML) (NYSE:DNN) had its price target upped by Raymond James from C$0.95 to C$1.25 in a research note issued to investors on Wednesday. Raymond James currently has a market perform rating on the stock.
[By Reuben Gregg Brewer]
Denison Mines (NYSEMKT:DNN) is working to build a new uranium mine in Canada. For investors interested in the nuclear fuel, it's an interesting stock to look at because of the material upside potential if construction plans play out as projected and uranium prices rise. But does that make it a stock worth buying? Only if you clearly understand the risks before putting your hard-saved capital into the shares. Here are some key facts you need to know before you invest here.
[By Steve Symington, Reuben Gregg Brewer, and Sean Williams]
We asked three top Motley Fool contributors to weigh in to that end. Read on to learn why they like JD.com (NASDAQ:JD), OrganiGram (NASDAQOTH:OGRMF), and Denison Mines (NYSEMKT:DNN).

Hot Safest Stocks To Watch For 2019: Kura Oncology, Inc.(KURA)

Advisors' Opinion:

[By Shane Hupp]
Kura Oncology (NASDAQ:KURA) was the target of unusually large options trading on Thursday. Stock investors bought 699 put options on the company. This represents an increase of 694% compared to the typical daily volume of 88 put options.
[By Ethan Ryder]
BidaskClub lowered shares of Kura Oncology (NASDAQ:KURA) from a hold rating to a sell rating in a research note issued to investors on Tuesday morning.
[By Motley Fool Transcribers]
Kura Oncology, Inc. (NASDAQ:KURA)Q4 2018 Earnings Conference CallMarch 05, 2019, 4:30 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:
Operator

Hot Safest Stocks To Watch For 2019: Aehr Test Systems(AEHR)

Advisors' Opinion:

[By Joseph Griffin]
Get a free copy of the Zacks research report on Aehr Test Systems (AEHR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Logan Wallace]
Aehr Test Systems (NASDAQ:AEHR) insider David S. Hendrickson sold 5,000 shares of the stock in a transaction dated Tuesday, May 22nd. The shares were sold at an average price of $2.37, for a total transaction of $11,850.00. Following the completion of the sale, the insider now owns 25,351 shares of the company’s stock, valued at approximately $60,081.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
[By Max Byerly]
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
Get Aehr Test Systems alerts: Critical Comparison: Data I/O (DAIO) & Aehr Test Systems (AEHR) (americanbankingnews.com) Form 4 AEHR TEST SYSTEMS For: May 08 Filed by: HENDRICKSON DAVID S (streetinsider.com) Aehr Test Systems (AEHR) CTO David S. Hendrickson Sells 5,000 Shares (americanbankingnews.com) Teradyne (TER) versus Aehr Test Systems (AEHR) Head to Head Review (americanbankingnews.com) Insider Selling: Aehr Test Systems (AEHR) Insider Sells 20,000 Shares of Stock (americanbankingnews.com)
AEHR remained flat at $$2.28 during trading hours on Monday. The company had a trading volume of 64,100 shares, compared to its average volume of 136,351. Aehr Test Systems has a 52 week low of $2.26 and a 52 week high of $2.28. The stock has a market cap of $50.06 million, a price-to-earnings ratio of -7.86 and a beta of 0.82. The company has a current ratio of 4.62, a quick ratio of 3.20 and a debt-to-equity ratio of 0.33.

Hot Safest Stocks To Watch For 2019: Superior Industries International Inc.(SUP)

Advisors' Opinion:

[By Lisa Levin] Gainers Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPA) shares jumped 31.6 percent to $12.18 following TripAdvisor Q1 earnings beat. ZAGG Inc (NASDAQ: ZAGG) rose 26.5 percent to $14.55 after the company posted better-than-expected Q1 earnings. OPKO Health, Inc. (NASDAQ: OPK) shares gained 25 percent to $4.0234 following Q1 beat. Axon Enterprise, Inc. (NASDAQ: AAXN) jumped 23.5 percent to $55.12 following a big Q1 beat. The company raised its fiscal 2018 sales growth guidance from 16-18 percent to 18-20 percent. Penn Virginia Corporation (NASDAQ: PVAC) gained 23.3 percent to $59.00 after reporting Q1 results. TripAdvisor, Inc. (NASDAQ: TRIP) rose 22.5 percent to $47.51 after the company reported stronger-than-expected results for its first quarter on Tuesday. Sears Holdings Corporation (NASDAQ: SHLD) shares surged 21.7 percent to $3.36. Amazon.com's partnership with Sears started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations. EP Energy Corporation (NYSE: EPE) jumped 21.3 percent to $2.68 following Q1 results. LendingClub Corporation (NYSE: LC) surged 20.4 percent to $3.395 following better-than-expected Q1 earnings. Superior Industries International, Inc. (NYSE: SUP) gained 19 percent to $15.82 after reporting Q1 results. Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) shares rose 18.5 percent to $8.13 following Q1 results. Twilio Inc. (NYSE: TWLO) rose 18.3 percent to $52.47 after the company posted strong quarterly results. Cerus Corporation (NASDAQ: CERS) shares jumped 18.3 percent to $6.47 following quarterly results. IEC Electronics Corp. (NYSE: IEC) shares climbed 17 percent to $4.68 after reporting better-than-expected quarterly earnings. New Relic, Inc. (NYSE: NEWR) rose 16.8 percent to $90.10 following Q4 results. Gulfport Energy Corporation (NASDAQ: GPOR)
[By Joseph Griffin]
Superior Coin (CURRENCY:SUP) traded up 28.5% against the US dollar during the one day period ending at 0:00 AM E.T. on June 14th. During the last seven days, Superior Coin has traded up 26.1% against the US dollar. Superior Coin has a market cap of $0.00 and $1,434.00 worth of Superior Coin was traded on exchanges in the last day. One Superior Coin coin can now be purchased for $0.0010 or 0.00000015 BTC on popular cryptocurrency exchanges including BTC-Alpha and SouthXchange.
[By Shane Hupp]
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Get Superior Industries International alerts: Brokerages Anticipate Superior Industries International, Inc. (SUP) to Post $0.18 EPS (americanbankingnews.com) Superior and Mimico create NZ partnership (khl.com) Superior Industries Rides On Volumes & UNIWHEELS Buyout (zacks.com) Superior Industries International (SUP) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com) B. Riley Research Analysts Raise Earnings Estimates for Superior Industries International, Inc. (SUP) (americanbankingnews.com)
Superior Industries International stock opened at $17.25 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.27 and a current ratio of 2.15. Superior Industries International has a 12 month low of $16.90 and a 12 month high of $17.30. The firm has a market cap of $425.10 million, a PE ratio of 15.68 and a beta of 1.16.
[By Max Byerly]
Get a free copy of the Zacks research report on Superior Industries International (SUP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com
[By Shane Hupp]
Superior Coin (SUP) uses the hashing algorithm. It was first traded on February 19th, 2015. Superior Coin’s total supply is 385,720,236 coins. Superior Coin’s official Twitter account is @superiorcoins. The official website for Superior Coin is superior-coin.com.

Wednesday, March 6, 2019

Analysts Set Amerisafe, Inc. (AMSF) PT at $66.33

Amerisafe, Inc. (NASDAQ:AMSF) has been given a consensus recommendation of “Buy” by the seven analysts that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $64.00.

A number of research firms have commented on AMSF. BidaskClub downgraded shares of Amerisafe from a “hold” rating to a “sell” rating in a research report on Tuesday, January 22nd. Zacks Investment Research downgraded shares of Amerisafe from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Finally, ValuEngine raised shares of Amerisafe from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th.

Get Amerisafe alerts:

In other news, EVP Kathryn Housh Shirley sold 1,284 shares of Amerisafe stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $61.53, for a total value of $79,004.52. Following the transaction, the executive vice president now owns 10,569 shares of the company’s stock, valued at approximately $650,310.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Neal Andrew Fuller sold 578 shares of Amerisafe stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $61.76, for a total transaction of $35,697.28. Following the completion of the transaction, the chief financial officer now directly owns 20,341 shares in the company, valued at approximately $1,256,260.16. The disclosure for this sale can be found here. Insiders have sold a total of 3,553 shares of company stock worth $218,698 in the last three months. Insiders own 1.80% of the company’s stock.

Several institutional investors have recently modified their holdings of AMSF. Tygh Capital Management Inc. purchased a new position in shares of Amerisafe in the 4th quarter worth approximately $10,513,000. Teachers Advisors LLC grew its position in shares of Amerisafe by 387.2% in the 3rd quarter. Teachers Advisors LLC now owns 179,962 shares of the insurance provider’s stock worth $11,149,000 after buying an additional 143,027 shares during the last quarter. Eaton Vance Management purchased a new position in shares of Amerisafe in the 4th quarter worth approximately $6,184,000. Walthausen & Co. LLC purchased a new position in shares of Amerisafe in the 3rd quarter worth approximately $6,575,000. Finally, Morgan Stanley grew its position in shares of Amerisafe by 117.2% in the 3rd quarter. Morgan Stanley now owns 138,608 shares of the insurance provider’s stock worth $8,587,000 after buying an additional 74,804 shares during the last quarter.

NASDAQ AMSF traded up $0.58 during trading on Tuesday, reaching $62.38. 60,821 shares of the company’s stock traded hands, compared to its average volume of 85,600. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 16.16 and a beta of 0.53. Amerisafe has a 12-month low of $50.46 and a 12-month high of $67.96.

Amerisafe (NASDAQ:AMSF) last posted its earnings results on Wednesday, February 27th. The insurance provider reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.20. Amerisafe had a net margin of 14.15% and a return on equity of 15.21%. As a group, equities research analysts expect that Amerisafe will post 3.1 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Friday, March 8th will be given a dividend of $0.25 per share. This is an increase from Amerisafe’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Thursday, March 7th. This represents a $1.00 dividend on an annualized basis and a yield of 1.60%. Amerisafe’s dividend payout ratio (DPR) is 22.80%.

Amerisafe Company Profile

AMERISAFE, Inc, an insurance holding company, provides workers' compensation insurance in the United States. Its workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, oil and gas, and other industries through agencies.