Evercore (EVR) Q3 Earnings and Revenues Beat Estimates
- Evercore (EVR) came out with quarterly earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.30 per share a year ago.
- 10/23/2024
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Evercore Reports Third Quarter 2024 Results; Quarterly Dividend of $0.80 Per Share
- NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): Third Quarter Results Year to Date Results U.S. GAAP Adjusted U.S. GAAP Adjusted Q3 2024 Q3 2023 Q3 2024 Q3 2023 YTD 2024 YTD 2023 YTD 2024 YTD 2023 Net Revenues ($ mm) $ 734.2 $ 570.2 $ 739.5 $ 576.1 $ 2,004.3 $ 1,641.8 $ 2,022.1 $ 1,659.0 Operating Income ($ mm) $ 122.0 $ 76.8 $ 134.6 $ 82.7 $ 314.4 $ 241.4 $ 339.5 $ 261.6 Net Income Attributable to Evercore Inc. ($ mm) $ 78.4.
- 10/23/2024
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Seeking Clues to Evercore (EVR) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Besides Wall Street's top -and-bottom-line estimates for Evercore (EVR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
- 10/21/2024
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Evercore is bullish on utilities, upgrades from line to outperform
- The surge in artificial intelligence has sparked a growing appetite for energy and power, creating a bullish environment for utilities (XLU). This trend has propelled the sector to outshine the broader market, prompting Evercore ISI to upgrade the utilities sector from In Line to Outperform.
- 10/17/2024
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Evercore (EVR) Earnings Expected to Grow: Should You Buy?
- Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/16/2024
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Amazon Prime Day is expected to gain more global members, benefiting the company: Evercore's Mahaney
- Mark Mahaney, Evercore ISI head of internet research, joins ‘Squawk Box' to discuss Amazon as the online retail giant's Prime Day kicks off on Tuesday.
- 10/08/2024
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Rate Cuts: This High-Growth Dividend Stock Will Be a Big Beneficiary
- While the stock is already up 50% this year, it is still considered cheap based on its growth expectations.
- 10/02/2024
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SmartStop Self Storage Executives to Share Insights at 10th Annual Evercore ISI Storage Symposium
- LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today that two of its executives will share their industry insights at the upcoming 10th Annual Evercore ISI Storage Symposium in New York City on Tuesday, October 1, 2024. H. Michael Schwartz, SmartStop's Chairman and CEO, will participate on the Acquisitions Panel, scheduled for approximately 3:20 p.m. Eastern Daylight Tim.
- 09/30/2024
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U-Haul Holding Company to Participate in the 10th Annual Evercore ISI Storage Symposium
- RENO, Nev.--(BUSINESS WIRE)--U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., North America's largest “do-it-yourself” moving and self-storage company will participate in the 10th Annual Evercore ISI Storage Symposium in New York City on Tuesday, October 1, 2024. Jason Berg, Chief Financial Officer, will meet with institutional investors and participate on the conference's Development Panel. About U-Haul Holding Company U-Haul Holding Company is the parent comp.
- 09/27/2024
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Why Evercore cut its Brent crude price target
- Steve Richardson, Evercore ISI senior managing director, joins CNBC's 'Money Movers' to discuss global oil demand and pricing, oil futures, and more.
- 09/25/2024
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Sprouts Farmers Market receives ‘Outperform' upgrade from Evercore ISI amid strong growth prospects
- On Monday, September 16, 2024, Evercore ISI upgraded Sprouts Farmers Market Inc. (NASDAQ: SFM) to an “Outperform” rating, signaling confidence in the company's growth trajectory. The upgrade followed an in-depth meeting with Sprouts' CEO Jack Sinclair and CFO Curtis Valentine.
- 09/16/2024
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Aurora to Present at Evercore ISI ADAS, AV & AI Summit
- PITTSBURGH--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR) today announced David Maday, Chief Financial Officer, will participate in a fireside chat at the Evercore ISI ADAS, AV & AI Summit on September 24, 2024 at 8:45 am Eastern Time. The presentation will be webcast on Aurora's investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the live presentation. About Aurora Aurora (Nasdaq: AUR) is delivering the benefits of self-dri.
- 09/10/2024
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Evercore's Daryanani: Apple Intelligence details will help determine if this will be a super cycle
- Amit Daryanani, Evercore ISI analyst, joins CNBC to discuss the latest product rollout from Apple, what investors need to see from the company, and more.
- 09/09/2024
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Evercore ISI raises Netflix price target to $750
- Netflix (NFLX) is celebrating its 27th birthday on Thursday, with a total of 280 million global subscribers, 23 Oscar wins, and 265 Emmy wins, with its stock at an all-time high. While the company is riding on high, does it have more room to grow?
- 08/29/2024
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Evercore ISI's Mark Mahaney on his new top internet stock picks: Amazon, Doordash, Uber
- Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss his firm's top internet stop picks, why Amazon, Doordash and Uber are at the top of his list, impact of AI, and more.
- 08/20/2024
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We are set up for 'very nice fall' in the housing sector, says Evercore's Stephen Kim
- Stephen Kim, Evercore ISI head of housing research, joins 'Money Movers' to discuss the Fed's rate path impact on the housing sector, why homebuilder stocks are incredibly cheap, and what investors should buy at today's levels.
- 08/09/2024
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Evercore: Full-Fledged Sponsor Return Should Still Depend On Interest Rate Cuts
- M&A and other advisory performance was good, but ahead of sponsor market revenues. Nonetheless, sponsors are coming to market again with pressure from LPs. The return of private equity to the market is going to be the primary result driver, and is also the basis of expectations of further net income acceleration.
- 08/04/2024
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Evercore's Palmer: McDonald's had a 'sobering quarter'
- David Palmer, Evercore ISI managing director, joins 'Squawk on the Street' to discuss McDonald's quarterly earnings results, how concerning the international markets are for fast food, and much more.
- 07/29/2024
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Digging Into Boutique Bank Earnings
- Evercore Inc. reported record revenue as dealmaking led to a surge in advisory fees. Matthew Monks takes a deep dive into the sector on "Wall Street Beat" on "Bloomberg Open Interest.
- 07/26/2024
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Evercore (EVR) Q2 Earnings Beat on Higher Revenues, Stock Dips
- An improvement in segmental performance leads to a growth in Evercore's (EVR) revenue base, positively impacting its Q2 earnings. However, a rise in expenses pose near-term concerns.
- 07/25/2024
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Evercore Inc. (EVR) Q2 2024 Earnings Call Transcript
- Evercore Inc. (NYSE:EVR ) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants Katy Haber - Managing Director, Investor Relations & ESG John Weinberg - Chairman & Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Ryan Kenny - Morgan Stanley Brennan Hawken - UBS Devin Ryan - Citizens JMP Aidan Hall - KBW Jim Mitchell - Seaport Global Brendan O'Brien - Wolfe Research Operator Good morning, and welcome to the Evercore Second Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Evercore management and the question-and-answer session.
- 07/24/2024
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Evercore (EVR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/24/2024
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Evercore (EVR) Tops Q2 Earnings and Revenue Estimates
- Evercore (EVR) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $0.96 per share a year ago.
- 07/24/2024
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Evercore's Levine on global IT outage: This event clearly proves that cyber needs to be diversified
- Peter Levine, Evercore ISI enterprise software analyst, and BlackCloak CEO Chris Pierson join 'Power Lunch' to discuss CrowdStrike's global tech outage, what this event means for the global business, and more.
- 07/19/2024
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Evercore (EVR) Earnings Expected to Grow: Should You Buy?
- Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/17/2024
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Prime Day is a big marketing event for Amazon, says Evercore ISI's Mark Mahaney
- Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk on the Street' to discuss his thoughts on Amazon's standing among the world's top tech companies, how important Prime Day is to Amazon's quarter, and more.
- 07/16/2024
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Here's why Evercore ISI's Mark Mahaney favors Amazon
- Mark Mahaney, Evercore ISI head of Internet research, joins 'Squawk on the Street' to discuss tech names, Amazon, Alphabet, and more.
- 07/03/2024
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McDonald's has a value perception problem, says Evercore's David Palmer
- David Palmer, Evercore ISI analyst, joins 'Squawk on the Street' to discuss McDonald's as the company rolls out a $5 value meal from today, the state of the fast food industry, and more.
- 06/25/2024
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Evercore Wealth Management Names Paula Stumne Managing Director, Wealth and Fiduciary Advisor
- NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the appointment of Paula Stumne to managing director, wealth and fiduciary advisor. Ms. Stumne is based in Minneapolis and works directly with ultra-high-net-worth client families, foundations and endowments, delivering comprehensive strategic wealth planning and fiduciary services. Ms. Stumne joins Evercore from Bremer Bank, where she was a senior wealth advisor to ultra-high-net-worth families. Earlier, she worked for Wells.
- 06/17/2024
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Restaurant Brands International Inc. to Participate in Evercore ISI Consumer and Retail Conference
- TORONTO , June 10, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Chief Executive Officer, Josh Kobza, and Executive Chairman, Patrick Doyle, will participate in a fireside chat at the Evercore ISI Consumer and Retail Conference on June 13, 2024 at 9:30am Eastern Time. A live audio webcast will be available on the company's investor relations website (http://rbi.com/investors) and will be available for 30 days following the event.
- 06/10/2024
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Carter's, Inc. Announces Participation at the Evercore ISI Consumer and Retail Conference
- ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, announced today that the Company will participate in a fireside chat at the virtual Evercore ISI Consumer and Retail Conference on Wednesday, June 12, 2024, at 11:00 a.m. Eastern Daylight Time. A live webcast of the fireside chat will be available on the Investor Relations section of the Company's website at ir.carters.com. About Carter's, Inc.
- 06/07/2024
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Mondelēz International to Present at the 4th Annual Evercore ISI Consumer & Retail Conference on June 13, 2024
- CHICAGO, June 07, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ: MDLZ) today announced that Luca Zaramella, Chief Financial Officer, will present at the 4th Annual Evercore ISI Consumer & Retail Conference, on Thursday, June 13, 2024, at 10:15 a.m. ET. A listen-only webcast will be provided at www.mondelezinternational.com/investors and a replay of the event will also be available on the company's website.
- 06/07/2024
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Skechers to Present at the Evercore ISI Consumer and Retail Conference on June 11th
- LOS ANGELES--(BUSINESS WIRE)--Skechers USA, Inc. (“Skechers” or the “Company”) (NYSE: SKX), The Comfort Technology Company™ and a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a fireside chat at the Evercore ISI Consumer and Retail Conference on Tuesday, June 11, 2024 at 11:00 a.m. PT / 2:00 p.m. ET. The audio portion of the fireside chat will be available live and on replay for 90 days on the Company's website at investors.skechers.co.
- 06/04/2024
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Qurate Retail, Inc. to Present at Evercore ISI Consumer and Retail Conference
- ENGLEWOOD, Colo.--(BUSINESS WIRE)--Qurate Retail, Inc. to Present at Evercore ISI Consumer and Retail Conference.
- 06/04/2024
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Evercore Chairman and Chief Executive Officer John S. Weinberg to Participate in the Morgan Stanley U.S. Financials Conference on June 11
- NEW YORK--(BUSINESS WIRE)--Evercore Chairman and Chief Executive Officer John S. Weinberg to Participate in the Morgan Stanley U.S. Financials Conference on June 11.
- 06/04/2024
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Colgate-Palmolive Webcasts Fireside Chat at the Evercore ISI Consumer & Retail Conference
- NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive (NYSE:CL) Chief Investor Relations Officer and EVP, M&A, John Faucher will participate in a virtual fireside chat at the Evercore ISI Consumer & Retail Conference on Tuesday, June 11, 2024 at 12:30 p.m. ET. Investors may access a live webcast of this fireside chat on Colgate's website at www.colgatepalmolive.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available through the Inves.
- 06/03/2024
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Evercore Warns That Nvidia Stock Is No Longer an S&P 500 ‘Linchpin'
- Nvidia (NASDAQ: NVDA ) stock is in the news Thursday after Evercore warned its clients that the tech company's shares are no longer a “linchpin” for the S&P 500. Evercore points to the performance of the S&P 500 following Nvidia's Q1 earnings report earlier this week.
- 05/30/2024
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Behavox Announces Strong Revenue Growth and Continued Profitability
- LONDON--(BUSINESS WIRE)--Behavox, a leading provider of AI-driven compliance solutions, today announced its Q1 2024 financial results, marking the second consecutive quarter of profitability and accelerating revenue growth. The company continued its strong momentum from 2023 by closing the first quarter of 2024 with a 51% increase in revenue. This significant growth is attributable to strong demand from customers for the Behavox Quantum AI product, which leverages a proprietary Large Language M.
- 05/30/2024
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The Vita Coco Company to Participate in the 4th Annual Evercore ISI Consumer and Retail Conference
- NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced that the Company will participate in the 4th Annual Evercore ISI Consumer and Retail Conference on June 12, 2024. The conference will be held virtually.
- 05/30/2024
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Campbell's Management to Participate in the Evercore ISI Consumer & Retail Conference
- CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the 4th Annual Evercore ISI Consumer and Retail Conference on Thursday, June 13, 2024 at 3:30 p.m. EDT. The discussion will be available via a listen-only live webcast accessible at https://wsw.com/webcast/evercore43/cpb/2141898. A listen-.
- 05/29/2024
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Genuine Parts Company to Present at the Evercore ISI Consumer and Retail Conference
- ATLANTA , May 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Will Stengel, President & CEO-elect, and Bert Nappier, EVP & CFO, will present virtually at the 4th Annual Evercore ISI Consumer and Retail Conference at 8:45 a.m. ET on Wednesday, June 12, 2024.
- 05/29/2024
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Bath & Body Works to Present at the Evercore ISI Consumer and Retail Conference
- COLUMBUS, Ohio, May 28, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Eva Boratto, chief financial officer, will participate in a fireside chat at the Evercore ISI Consumer & Retail Conference on Tuesday, June 11, 2024, at 11:00 a.m. EDT.
- 05/28/2024
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13 Upcoming Dividend Increases
- Thirteen dividend increases are featured, with RLI Corp leading the charge with a 49-year streak and a potential to become a dividend king next year. The list is created by merging data from the "U.S. Dividend Champions" spreadsheet and upcoming dividend data from NASDAQ. The article provides additional metrics, tickers by yield and growth rates, and historical returns for investors to consider before making investment decisions.
- 05/27/2024
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Why Is Evercore (EVR) Up 9% Since Last Earnings Report?
- Evercore (EVR) reported earnings 30 days ago. What's next for the stock?
- 05/24/2024
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Google has proven it's not AI roadkill, says Evercore ISI's Mark Mahaney
- Google has proven it's not AI roadkill, says Evercore ISI's Mark Mahaney
- 05/23/2024
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Evercore Hosts 3rd Annual Global Clean Energy & Transition Technologies Summit, June 11-12, 2024
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will host its annual Global Clean Energy & Transition Technologies Summit at the Mandarin Oriental Hotel in New York City on June 11 and 12, 2024. This year's Summit will host industry experts from over 70 leading energy transition companies as well as a broad range of investment professionals. Presenting companies represent a cross-section of leaders in mobility, renewable power, distributed energy, energy storage, hydrogen, software, energy.
- 05/23/2024
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King Wealth Management Group Boosts Stock Position in NVIDIA Co. (NASDAQ:NVDA)
- King Wealth Management Group grew its position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,942 shares of the computer hardware maker’s stock after purchasing an additional 1,046 shares during the period. NVIDIA accounts for about 2.5% of King Wealth Management Group’s investment portfolio, making the stock its 13th largest position. King Wealth Management Group’s holdings in NVIDIA were worth $12,847,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of NVIDIA by 54,019.5% during the 4th quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock worth $8,352,811,000 after purchasing an additional 16,835,703 shares during the period. Vanguard Group Inc. boosted its holdings in NVIDIA by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after acquiring an additional 2,287,471 shares during the period. Dimensional Fund Advisors LP grew its position in NVIDIA by 44.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,349,610 shares of the computer hardware maker’s stock valued at $3,144,490,000 after acquiring an additional 1,941,637 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of NVIDIA by 31.8% during the fourth quarter. California Public Employees Retirement System now owns 7,477,385 shares of the computer hardware maker’s stock valued at $3,702,951,000 after purchasing an additional 1,805,763 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of NVIDIA during the third quarter worth $728,543,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, insider Donald F. Robertson, Jr. sold 450 shares of NVIDIA stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the transaction, the insider now owns 49,815 shares of the company’s stock, valued at approximately $45,412,350.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the completion of the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald F. Robertson, Jr. sold 450 shares of the business’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $911.62, for a total value of $410,229.00. Following the sale, the insider now owns 49,815 shares in the company, valued at approximately $45,412,350.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is owned by corporate insiders. NVIDIA Stock Down 2.0 % NVDA stock opened at $924.79 on Monday. The firm’s 50-day moving average is $882.98 and its two-hundred day moving average is $687.42. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The firm’s revenue for the quarter was up 265.3% compared to the same quarter last year. On average, analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s payout ratio is currently 1.34%. Analysts Set New Price Targets A number of equities research analysts recently weighed in on the stock. Evercore ISI assumed coverage on shares of NVIDIA in a report on Tuesday, April 16th. They set an “outperform” rating and a $1,160.00 price target for the company. Jefferies Financial Group initiated coverage on NVIDIA in a research report on Monday, May 13th. They set a “buy” rating and a $1,200.00 target price on the stock. Needham & Company LLC increased their price target on NVIDIA from $600.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Wells Fargo & Company lifted their price objective on NVIDIA from $970.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, May 14th. Finally, HSBC increased their target price on NVIDIA from $1,050.00 to $1,350.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Four research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $966.55. Read Our Latest Research Report on NVDA NVIDIA Profile (Free Report) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. See Also Five stocks we like better than NVIDIA The Top 3 Healthcare Dividend Stocks to Buy and Hold Canada Goose Flies Higher Driven By DTC Growth 5 discounted opportunities for dividend growth investors CVS Health Stock Has a Silver Lining Called Value 3 Fintech Stocks With Good 2021 Prospects Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. (NASDAQ:NVDA – Free Report).
- 05/20/2024
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Biden vs Trump: Who will drop interest rates faster
- Two topics have dominated the discussion on the U.S. economy for several years: inflation and interest rates. Indeed, the seemingly ceaseless march of significant interest rate hikes announced following each Federal Open Market Committee (FOMC) meeting between early 2022 and mid-2023 brought forth substantial recessionary fears after managing to reduce inflation from a multi-year record of above 9%. As the fears subsided in late 2023 – and inflation significantly cooled off – experts, analysts, institutions, and investors started forecasting significant interest rate cuts throughout 2024, though these hopes have, so far, borne no fruit. Indeed, several consecutive inflation increases in the first quarter of 2024 have brought a change to the predictions – and even resurfaced talk of further interest rate hikes – and though matters remain unclear and uncertain, one upcoming event is likely to have a significant impact on fiscal policy no matter what: the November presidential elections. Given the significant differences in other areas – capital gains taxes being a particularly hot topic in recent weeks – FInbold decided to take a look at which of the two most likely candidates, Joe Biden and Donald Trump, is more likely to reduce interest rates faster. Evercore ISI has recently undertaken a research effort aiming to discover which of the likely presidential candidates is likely to start cutting interest rates faster. Perhaps surprisingly, the banking advisory firm found that a second term for President Biden is likely to lead to interest rates about 25 basis points – 0.25% – lower than a second Trump presidency. The crux of the argument boils down to tax policy – or, rather, the Tax Cuts and Jobs Act (TCJA). According to Evercore, President Biden is likely to repeal TCJA – particularly due to its reduction of corporate taxes, as well as the reduction of taxes for higher net worth individuals. Such a move would be consistent with Biden’s other proposed policies, most notably the higher maximum capital gains tax and the tax on unrealized gains of exceptionally wealthy individuals – reportedly those with a net worth higher than $100 million. Either way, the removal of TCJA would limit the disposable income available to many investors and potential investors, which would, indeed, increase the need to increase economic stimulus in other areas – such as by decreasing interest rates. On the other hand, President Trump – who signed the TCJA into law in 2017 in the first place – would be likely to extend the act which would reduce the need for lowering interest rates. Nonetheless, Evercore, in the same report, indicated that it expects the Federal Funds Rate to start falling in the second half of 2024 and ideally be between 75 and 100 basis points lower by the end of 2025. Buy stocks now with eToro – trusted and advanced investment platform Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
- 05/20/2024
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Lutz Financial Services LLC Sells 142 Shares of Alphabet Inc. (NASDAQ:GOOGL)
- Lutz Financial Services LLC decreased its position in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 7.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,743 shares of the information services provider’s stock after selling 142 shares during the period. Lutz Financial Services LLC’s holdings in Alphabet were worth $243,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC grew its stake in shares of Alphabet by 5.6% in the 3rd quarter. FMR LLC now owns 227,317,469 shares of the information services provider’s stock valued at $29,746,764,000 after buying an additional 12,070,681 shares during the period. Northern Trust Corp grew its stake in Alphabet by 3.7% in the third quarter. Northern Trust Corp now owns 67,684,197 shares of the information services provider’s stock valued at $8,857,154,000 after acquiring an additional 2,416,328 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Alphabet by 3.4% during the fourth quarter. Fisher Asset Management LLC now owns 45,220,857 shares of the information services provider’s stock valued at $6,316,902,000 after acquiring an additional 1,472,043 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Alphabet by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 34,910,194 shares of the information services provider’s stock worth $4,876,605,000 after purchasing an additional 874,919 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Alphabet by 7.8% in the 3rd quarter. American Century Companies Inc. now owns 25,064,614 shares of the information services provider’s stock worth $3,279,955,000 after purchasing an additional 1,809,910 shares in the last quarter. Institutional investors own 40.03% of the company’s stock. Insider Activity at Alphabet In other Alphabet news, CFO Ruth Porat sold 48,077 shares of the company’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $137.22, for a total value of $6,597,125.94. Following the transaction, the chief financial officer now directly owns 1,777,106 shares in the company, valued at approximately $243,854,485.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider John Kent Walker sold 48,076 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $142.20, for a total value of $6,836,407.20. Following the completion of the transaction, the insider now directly owns 12,725 shares in the company, valued at approximately $1,809,495. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Ruth Porat sold 48,077 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $137.22, for a total value of $6,597,125.94. Following the transaction, the chief financial officer now directly owns 1,777,106 shares in the company, valued at $243,854,485.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 276,511 shares of company stock valued at $41,234,695. Company insiders own 0.88% of the company’s stock. Alphabet Stock Up 1.1 % Shares of NASDAQ GOOGL opened at $176.06 on Monday. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.18 trillion, a P/E ratio of 27.00, a P/E/G ratio of 1.35 and a beta of 1.02. Alphabet Inc. has a 52 week low of $115.35 and a 52 week high of $176.26. The business has a 50-day simple moving average of $157.22 and a two-hundred day simple moving average of $145.29. Alphabet (NASDAQ:GOOGL – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. The company had revenue of $80.54 billion during the quarter, compared to analyst estimates of $66.04 billion. During the same period last year, the business earned $1.17 earnings per share. Research analysts anticipate that Alphabet Inc. will post 7.61 earnings per share for the current fiscal year. Alphabet Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be given a $0.20 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.45%. Alphabet’s dividend payout ratio (DPR) is presently 12.27%. Analyst Ratings Changes Several research analysts have weighed in on the stock. TD Cowen upped their price objective on shares of Alphabet from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Wedbush raised their price target on shares of Alphabet from $175.00 to $205.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Roth Mkm boosted their price objective on Alphabet from $164.00 to $202.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Evercore ISI raised their target price on Alphabet from $160.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Royal Bank of Canada upped their price target on Alphabet from $155.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Five research analysts have rated the stock with a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.60. Get Our Latest Analysis on Alphabet About Alphabet (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
- 05/20/2024
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SeaTown Holdings Pte. Ltd. Has $52.07 Million Stake in Alphabet Inc. (NASDAQ:GOOGL)
- SeaTown Holdings Pte. Ltd. trimmed its position in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 73.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 372,775 shares of the information services provider’s stock after selling 1,052,125 shares during the quarter. Alphabet makes up about 4.6% of SeaTown Holdings Pte. Ltd.’s investment portfolio, making the stock its 5th biggest position. SeaTown Holdings Pte. Ltd.’s holdings in Alphabet were worth $52,073,000 at the end of the most recent reporting period. Other hedge funds also recently modified their holdings of the company. RWQ Financial Management Services Inc. boosted its holdings in Alphabet by 8.2% during the fourth quarter. RWQ Financial Management Services Inc. now owns 61,499 shares of the information services provider’s stock worth $8,591,000 after buying an additional 4,664 shares during the last quarter. Picton Mahoney Asset Management grew its holdings in Alphabet by 55.4% during the fourth quarter. Picton Mahoney Asset Management now owns 214,443 shares of the information services provider’s stock valued at $29,956,000 after purchasing an additional 76,410 shares during the period. Robbins Farley increased its stake in Alphabet by 0.8% in the fourth quarter. Robbins Farley now owns 15,006 shares of the information services provider’s stock valued at $2,096,000 after purchasing an additional 118 shares in the last quarter. Quantum Financial Advisors LLC raised its holdings in Alphabet by 8.0% in the third quarter. Quantum Financial Advisors LLC now owns 7,623 shares of the information services provider’s stock worth $998,000 after purchasing an additional 564 shares during the period. Finally, Colton Groome Financial Advisors LLC boosted its position in shares of Alphabet by 3.8% during the fourth quarter. Colton Groome Financial Advisors LLC now owns 2,700 shares of the information services provider’s stock worth $377,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock. Analyst Ratings Changes Several equities research analysts have issued reports on the company. KeyCorp increased their price target on Alphabet from $165.00 to $175.00 and gave the stock an “overweight” rating in a report on Monday, April 22nd. Evercore ISI raised their target price on shares of Alphabet from $160.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Susquehanna upped their price target on shares of Alphabet from $170.00 to $225.00 and gave the company a “positive” rating in a report on Monday, April 29th. Stifel Nicolaus restated a “buy” rating and set a $196.00 price objective on shares of Alphabet in a report on Wednesday, May 15th. Finally, Roth Mkm upped their target price on shares of Alphabet from $164.00 to $202.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Five equities research analysts have rated the stock with a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $190.60. Check Out Our Latest Stock Report on Alphabet Alphabet Price Performance GOOGL stock opened at $176.06 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.15 and a quick ratio of 2.15. Alphabet Inc. has a 1 year low of $115.35 and a 1 year high of $176.26. The firm has a 50-day moving average of $157.22 and a 200 day moving average of $145.29. The company has a market cap of $2.18 trillion, a P/E ratio of 27.00, a PEG ratio of 1.35 and a beta of 1.02. Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its earnings results on Thursday, April 25th. The information services provider reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.40. Alphabet had a net margin of 25.90% and a return on equity of 29.52%. The firm had revenue of $80.54 billion for the quarter, compared to analysts’ expectations of $66.04 billion. During the same quarter in the previous year, the business posted $1.17 EPS. On average, sell-side analysts forecast that Alphabet Inc. will post 7.61 EPS for the current year. Alphabet Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 10th will be issued a $0.20 dividend. The ex-dividend date is Monday, June 10th. This represents a $0.80 annualized dividend and a yield of 0.45%. Alphabet’s dividend payout ratio (DPR) is presently 12.27%. Insider Buying and Selling In related news, CAO Amie Thuener O’toole sold 682 shares of Alphabet stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $136.49, for a total value of $93,086.18. Following the completion of the sale, the chief accounting officer now directly owns 28,602 shares in the company, valued at approximately $3,903,886.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Alphabet news, CAO Amie Thuener O’toole sold 682 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $136.49, for a total value of $93,086.18. Following the transaction, the chief accounting officer now directly owns 28,602 shares of the company’s stock, valued at $3,903,886.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Prabhakar Raghavan sold 3,258 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $155.97, for a total transaction of $508,150.26. Following the completion of the transaction, the senior vice president now directly owns 144,685 shares in the company, valued at approximately $22,566,519.45. The disclosure for this sale can be found here. Insiders sold a total of 276,511 shares of company stock worth $41,234,695 in the last three months. Insiders own 0.88% of the company’s stock. Alphabet Profile (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
- 05/20/2024
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Meridian Wealth Management LLC Makes New $200,000 Investment in Jack Henry & Associates, Inc. (NASDAQ:JKHY)
- Meridian Wealth Management LLC acquired a new stake in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,226 shares of the technology company’s stock, valued at approximately $200,000. Other hedge funds have also recently modified their holdings of the company. NBC Securities Inc. purchased a new position in Jack Henry & Associates during the 3rd quarter valued at about $30,000. Planned Solutions Inc. purchased a new position in shares of Jack Henry & Associates during the fourth quarter valued at approximately $33,000. Anchor Investment Management LLC bought a new stake in shares of Jack Henry & Associates in the 4th quarter worth approximately $35,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Jack Henry & Associates in the 4th quarter worth approximately $44,000. Finally, Federated Hermes Inc. bought a new position in Jack Henry & Associates during the 3rd quarter valued at approximately $72,000. Institutional investors own 98.75% of the company’s stock. Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the company. William Blair reissued an “outperform” rating on shares of Jack Henry & Associates in a research note on Wednesday, May 8th. StockNews.com raised Jack Henry & Associates from a “hold” rating to a “buy” rating in a report on Monday, May 13th. Robert W. Baird lifted their price objective on Jack Henry & Associates from $180.00 to $186.00 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. Evercore ISI upped their target price on shares of Jack Henry & Associates from $157.00 to $172.00 and gave the company an “in-line” rating in a research note on Tuesday, March 26th. Finally, Royal Bank of Canada lifted their price target on shares of Jack Henry & Associates from $161.00 to $181.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $174.42. Check Out Our Latest Stock Analysis on JKHY Jack Henry & Associates Stock Performance NASDAQ JKHY opened at $168.99 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.14. Jack Henry & Associates, Inc. has a twelve month low of $136.57 and a twelve month high of $178.37. The business has a 50-day moving average price of $168.25 and a 200-day moving average price of $165.58. The firm has a market cap of $12.32 billion, a price-to-earnings ratio of 32.62, a price-to-earnings-growth ratio of 4.35 and a beta of 0.66. Jack Henry & Associates (NASDAQ:JKHY – Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.02. The business had revenue of $538.56 million during the quarter, compared to the consensus estimate of $541.80 million. Jack Henry & Associates had a return on equity of 22.18% and a net margin of 17.28%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.12 EPS. As a group, equities research analysts predict that Jack Henry & Associates, Inc. will post 5.2 EPS for the current fiscal year. Jack Henry & Associates Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Tuesday, May 28th will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, May 24th. This represents a $2.20 dividend on an annualized basis and a yield of 1.30%. Jack Henry & Associates’s dividend payout ratio is currently 42.47%. About Jack Henry & Associates (Free Report) Jack Henry & Associates, Inc, a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. It operates through four segments: Core, Payments, Complementary, and Corporate and Other.
- 05/20/2024
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Foundations Investment Advisors LLC Buys Shares of 1,214 Laboratory Co. of America Holdings (NYSE:LH)
- Foundations Investment Advisors LLC bought a new position in shares of Laboratory Co. of America Holdings (NYSE:LH – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,214 shares of the medical research company’s stock, valued at approximately $272,000. Other hedge funds have also recently bought and sold shares of the company. Provence Wealth Management Group purchased a new stake in shares of Laboratory Co. of America during the third quarter worth $29,000. Mendota Financial Group LLC acquired a new stake in Laboratory Co. of America in the 4th quarter valued at about $29,000. Bruce G. Allen Investments LLC acquired a new position in shares of Laboratory Co. of America during the fourth quarter worth about $60,000. Disciplined Equity Management Inc. purchased a new stake in shares of Laboratory Co. of America during the fourth quarter worth approximately $68,000. Finally, Oakworth Capital Inc. raised its holdings in Laboratory Co. of America by 48.1% in the fourth quarter. Oakworth Capital Inc. now owns 308 shares of the medical research company’s stock valued at $70,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 95.94% of the company’s stock. Wall Street Analysts Forecast Growth LH has been the topic of several recent analyst reports. Argus raised Laboratory Co. of America from a “hold” rating to a “buy” rating and set a $250.00 target price on the stock in a report on Monday, March 25th. TheStreet lowered Laboratory Co. of America from a “b-” rating to a “c+” rating in a research report on Thursday, February 15th. Evercore ISI started coverage on Laboratory Co. of America in a report on Friday, February 9th. They issued an “in-line” rating and a $240.00 price target for the company. Barclays cut their price objective on shares of Laboratory Co. of America from $234.00 to $213.00 and set an “equal weight” rating on the stock in a report on Friday, April 26th. Finally, Robert W. Baird lowered their target price on shares of Laboratory Co. of America from $255.00 to $244.00 and set an “outperform” rating for the company in a report on Friday, April 26th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $243.14. Read Our Latest Research Report on LH Laboratory Co. of America Stock Down 1.2 % Shares of NYSE:LH opened at $210.59 on Monday. The company has a market cap of $17.75 billion, a price-to-earnings ratio of 42.37, a PEG ratio of 1.58 and a beta of 1.02. Laboratory Co. of America Holdings has a fifty-two week low of $174.20 and a fifty-two week high of $234.09. The firm’s 50-day simple moving average is $208.28 and its 200-day simple moving average is $215.41. The company has a quick ratio of 0.76, a current ratio of 0.88 and a debt-to-equity ratio of 0.39. Laboratory Co. of America (NYSE:LH – Get Free Report) last released its earnings results on Thursday, April 25th. The medical research company reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.48 by $0.20. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Laboratory Co. of America had a return on equity of 14.68% and a net margin of 3.52%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.82 EPS. As a group, equities research analysts predict that Laboratory Co. of America Holdings will post 14.87 earnings per share for the current year. Laboratory Co. of America Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Tuesday, May 28th will be paid a dividend of $0.72 per share. The ex-dividend date is Friday, May 24th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.37%. Laboratory Co. of America’s dividend payout ratio (DPR) is presently 57.95%. Insider Activity In other Laboratory Co. of America news, EVP Jonathan P. Divincenzo sold 500 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $215.49, for a total transaction of $107,745.00. Following the transaction, the executive vice president now directly owns 3,401 shares in the company, valued at $732,881.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Jonathan P. Divincenzo sold 500 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $215.49, for a total value of $107,745.00. Following the sale, the executive vice president now directly owns 3,401 shares in the company, valued at approximately $732,881.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Peter J. Wilkinson sold 2,439 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $204.33, for a total transaction of $498,360.87. Following the transaction, the chief accounting officer now owns 2,087 shares of the company’s stock, valued at $426,436.71. The disclosure for this sale can be found here. Insiders sold 58,748 shares of company stock worth $12,670,956 in the last 90 days. 0.85% of the stock is currently owned by corporate insiders. Laboratory Co. of America Company Profile (Free Report) Laboratory Corporation of America Holdings operates as a life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics (Dx) and Biopharma Laboratory Services (BLS). See Also Five stocks we like better than Laboratory Co. of America 3 Natural Gas Stocks That Offer Great Dividend Yields Canada Goose Flies Higher Driven By DTC Growth Dividend Screener: How to Evaluate Dividend Stocks Before Buying CVS Health Stock Has a Silver Lining Called Value Conference Calls and Individual Investors Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
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Panagora Asset Management Inc. Sells 8,268 Shares of W. R. Berkley Co. (NYSE:WRB)
- Panagora Asset Management Inc. lessened its position in shares of W. R. Berkley Co. (NYSE:WRB – Free Report) by 17.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,424 shares of the insurance provider’s stock after selling 8,268 shares during the period. Panagora Asset Management Inc.’s holdings in W. R. Berkley were worth $2,788,000 at the end of the most recent quarter. A number of other large investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC bought a new stake in shares of W. R. Berkley during the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust lifted its stake in W. R. Berkley by 106.1% during the third quarter. Parkside Financial Bank & Trust now owns 406 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 209 shares during the last quarter. Raleigh Capital Management Inc. boosted its holdings in shares of W. R. Berkley by 132.6% in the 3rd quarter. Raleigh Capital Management Inc. now owns 414 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 236 shares in the last quarter. VisionPoint Advisory Group LLC bought a new position in shares of W. R. Berkley in the 3rd quarter valued at $27,000. Finally, Lindbrook Capital LLC raised its holdings in shares of W. R. Berkley by 70.6% during the 4th quarter. Lindbrook Capital LLC now owns 580 shares of the insurance provider’s stock worth $41,000 after buying an additional 240 shares in the last quarter. 68.82% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and Downgrades A number of research analysts have issued reports on WRB shares. Keefe, Bruyette & Woods decreased their target price on W. R. Berkley from $88.00 to $86.00 and set a “market perform” rating on the stock in a research report on Friday, May 3rd. UBS Group upped their price objective on shares of W. R. Berkley from $81.00 to $93.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Evercore ISI raised their target price on shares of W. R. Berkley from $83.00 to $89.00 and gave the company an “in-line” rating in a research report on Thursday, April 11th. Wells Fargo & Company decreased their target price on shares of W. R. Berkley from $99.00 to $94.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 24th. Finally, BMO Capital Markets cut their price objective on W. R. Berkley from $93.00 to $87.00 and set a “market perform” rating on the stock in a report on Wednesday, April 24th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, W. R. Berkley has a consensus rating of “Moderate Buy” and an average price target of $90.38. Read Our Latest Report on W. R. Berkley W. R. Berkley Stock Performance NYSE:WRB opened at $79.31 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.36 and a current ratio of 0.36. W. R. Berkley Co. has a fifty-two week low of $55.50 and a fifty-two week high of $89.18. The company has a 50 day simple moving average of $82.60 and a two-hundred day simple moving average of $77.80. The company has a market capitalization of $20.28 billion, a PE ratio of 14.06, a P/E/G ratio of 1.51 and a beta of 0.60. W. R. Berkley (NYSE:WRB – Get Free Report) last posted its quarterly earnings data on Tuesday, April 23rd. The insurance provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.10. The company had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.77 billion. W. R. Berkley had a net margin of 12.23% and a return on equity of 20.51%. W. R. Berkley’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.00 earnings per share. Research analysts anticipate that W. R. Berkley Co. will post 5.82 earnings per share for the current year. W. R. Berkley Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Monday, March 4th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend was Friday, March 1st. W. R. Berkley’s dividend payout ratio is 7.80%. About W. R. Berkley (Free Report) W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. Read More Five stocks we like better than W. R. Berkley What is the S&P 500 and How It is Distinct from Other Indexes JD’s Earnings Could Mean Chinese Stocks Making a Comeback How to Invest in Insurance Companies: A Guide Canada Goose Flies Higher Driven By DTC Growth Roth IRA Calculator: Calculate Your Potential Returns CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding WRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W. R. Berkley Co. (NYSE:WRB – Free Report).
- 05/20/2024
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Azenta (NASDAQ:AZTA) Issues FY 2024 Earnings Guidance
- Azenta (NASDAQ:AZTA – Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.270-0.370 for the period, compared to the consensus estimate of 0.260. The company issued revenue guidance of $659.0 million-$671.0 million, compared to the consensus revenue estimate of $703.8 million. Azenta Stock Performance Shares of NASDAQ:AZTA opened at $50.87 on Monday. The company has a market capitalization of $2.74 billion, a P/E ratio of -18.77 and a beta of 1.51. The company’s 50-day moving average is $55.67 and its 200 day moving average is $59.53. Azenta has a fifty-two week low of $40.41 and a fifty-two week high of $69.16. Azenta (NASDAQ:AZTA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. The business had revenue of $159.13 million during the quarter, compared to analyst estimates of $159.89 million. Azenta had a positive return on equity of 0.81% and a negative net margin of 23.12%. Azenta’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.06) earnings per share. As a group, research analysts predict that Azenta will post 0.29 earnings per share for the current year. Analyst Ratings Changes A number of research analysts have commented on the stock. Stephens reiterated an equal weight rating and set a $70.00 price target on shares of Azenta in a research report on Thursday, February 8th. B. Riley increased their target price on shares of Azenta from $61.00 to $79.00 and gave the company a buy rating in a report on Thursday, February 1st. Evercore ISI lowered their price target on shares of Azenta from $64.00 to $60.00 and set an in-line rating for the company in a research note on Thursday, April 4th. Needham & Company LLC reduced their price objective on Azenta from $75.00 to $69.00 and set a buy rating on the stock in a research note on Thursday, May 9th. Finally, Jefferies Financial Group began coverage on Azenta in a research note on Thursday, April 4th. They issued a hold rating and a $64.00 target price for the company. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Azenta currently has a consensus rating of Hold and a consensus price target of $68.40. Get Our Latest Report on Azenta About Azenta (Get Free Report) Azenta, Inc provides biological and chemical compound sample exploration and management solutions for the life sciences market in North America, Africa, China, the United Kingdom, rest of Europe, the Asia Pacific, and internationally. The company operates in two reportable segments, Life Sciences Products and Life Sciences Services.
- 05/20/2024
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GoDaddy Inc. (NYSE:GDDY) Shares Acquired by Quadrant Capital Group LLC
- Quadrant Capital Group LLC increased its holdings in shares of GoDaddy Inc. (NYSE:GDDY – Free Report) by 158.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,156 shares of the technology company’s stock after acquiring an additional 1,323 shares during the quarter. Quadrant Capital Group LLC’s holdings in GoDaddy were worth $229,000 at the end of the most recent reporting period. Other large investors also recently bought and sold shares of the company. Inceptionr LLC acquired a new position in GoDaddy during the fourth quarter worth $471,000. Janney Montgomery Scott LLC boosted its position in shares of GoDaddy by 55.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 21,398 shares of the technology company’s stock valued at $2,272,000 after acquiring an additional 7,646 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of GoDaddy by 177.7% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 15,413 shares of the technology company’s stock valued at $1,636,000 after acquiring an additional 9,862 shares during the last quarter. Ieq Capital LLC purchased a new stake in shares of GoDaddy in the fourth quarter valued at about $237,000. Finally, Jump Financial LLC acquired a new stake in GoDaddy during the fourth quarter worth about $292,000. Hedge funds and other institutional investors own 90.28% of the company’s stock. Wall Street Analyst Weigh In Several equities analysts have weighed in on the stock. Morgan Stanley boosted their target price on shares of GoDaddy from $132.00 to $137.00 and gave the company an “equal weight” rating in a report on Friday, May 3rd. UBS Group upped their price objective on GoDaddy from $118.00 to $130.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Royal Bank of Canada raised their target price on GoDaddy from $124.00 to $145.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. StockNews.com raised GoDaddy from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 14th. Finally, Evercore ISI increased their price target on GoDaddy from $110.00 to $135.00 and gave the stock an “in-line” rating in a report on Friday, May 3rd. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $142.73. Read Our Latest Stock Analysis on GDDY GoDaddy Stock Up 0.5 % Shares of GDDY opened at $135.70 on Monday. The company’s 50-day simple moving average is $124.09 and its 200-day simple moving average is $111.06. The company has a debt-to-equity ratio of 9.15, a quick ratio of 0.55 and a current ratio of 0.55. GoDaddy Inc. has a 1 year low of $69.18 and a 1 year high of $136.90. The stock has a market capitalization of $19.33 billion, a PE ratio of 11.27 and a beta of 1.09. Insider Buying and Selling In related news, CAO Nick Daddario sold 1,823 shares of GoDaddy stock in a transaction on Monday, March 4th. The stock was sold at an average price of $110.54, for a total value of $201,514.42. Following the completion of the transaction, the chief accounting officer now directly owns 25,263 shares in the company, valued at $2,792,572.02. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CAO Nick Daddario sold 1,823 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $110.54, for a total transaction of $201,514.42. Following the sale, the chief accounting officer now directly owns 25,263 shares in the company, valued at $2,792,572.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Amanpal Singh Bhutani sold 8,687 shares of GoDaddy stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $114.11, for a total transaction of $991,273.57. Following the completion of the transaction, the chief executive officer now owns 454,031 shares of the company’s stock, valued at approximately $51,809,477.41. The disclosure for this sale can be found here. Insiders have sold a total of 129,292 shares of company stock valued at $14,567,860 in the last ninety days. Company insiders own 0.54% of the company’s stock. GoDaddy Company Profile (Free Report) GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.
- 05/20/2024
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Meridian Wealth Management LLC Invests $241,000 in Microchip Technology Incorporated (NASDAQ:MCHP)
- Meridian Wealth Management LLC purchased a new stake in shares of Microchip Technology Incorporated (NASDAQ:MCHP – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,673 shares of the semiconductor company’s stock, valued at approximately $241,000. A number of other hedge funds also recently bought and sold shares of the business. BKM Wealth Management LLC purchased a new position in shares of Microchip Technology during the fourth quarter valued at about $27,000. Rakuten Securities Inc. purchased a new stake in shares of Microchip Technology in the 4th quarter worth approximately $27,000. Fortitude Family Office LLC bought a new position in Microchip Technology during the 4th quarter valued at approximately $29,000. Milestone Investment Advisors LLC purchased a new position in Microchip Technology during the third quarter valued at $36,000. Finally, Operose Advisors LLC grew its stake in shares of Microchip Technology by 79.3% in the third quarter. Operose Advisors LLC now owns 502 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 222 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock. Microchip Technology Stock Up 0.1 % NASDAQ MCHP opened at $94.33 on Monday. Microchip Technology Incorporated has a 12 month low of $68.75 and a 12 month high of $96.14. The stock’s 50 day moving average is $89.44 and its 200 day moving average is $86.53. The company has a current ratio of 1.20, a quick ratio of 0.67 and a debt-to-equity ratio of 0.75. The stock has a market cap of $50.98 billion, a PE ratio of 27.18, a P/E/G ratio of 3.29 and a beta of 1.60. Microchip Technology (NASDAQ:MCHP – Get Free Report) last released its quarterly earnings data on Monday, May 6th. The semiconductor company reported $0.57 EPS for the quarter, meeting the consensus estimate of $0.57. Microchip Technology had a net margin of 24.98% and a return on equity of 36.78%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the firm earned $1.56 EPS. The business’s revenue was down 40.6% on a year-over-year basis. Research analysts predict that Microchip Technology Incorporated will post 2.38 EPS for the current fiscal year. Microchip Technology Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Wednesday, May 22nd will be issued a dividend of $0.452 per share. This represents a $1.81 annualized dividend and a dividend yield of 1.92%. This is a boost from Microchip Technology’s previous quarterly dividend of $0.45. The ex-dividend date is Tuesday, May 21st. Microchip Technology’s dividend payout ratio is 51.87%. Insider Activity In related news, VP Stephen V. Drehobl sold 7,830 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $95.06, for a total transaction of $744,319.80. Following the sale, the vice president now owns 79,509 shares of the company’s stock, valued at $7,558,125.54. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, VP Stephen V. Drehobl sold 10,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $90.88, for a total transaction of $908,800.00. Following the sale, the vice president now owns 82,203 shares in the company, valued at approximately $7,470,608.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Stephen V. Drehobl sold 7,830 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $95.06, for a total transaction of $744,319.80. Following the transaction, the vice president now owns 79,509 shares in the company, valued at $7,558,125.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,800 shares of company stock worth $1,818,403. 2.07% of the stock is currently owned by insiders. Analysts Set New Price Targets Several analysts recently commented on MCHP shares. Evercore ISI assumed coverage on shares of Microchip Technology in a research report on Tuesday, April 16th. They set an “outperform” rating and a $106.00 price objective on the stock. KeyCorp upped their price objective on Microchip Technology from $90.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, May 7th. Piper Sandler reissued a “neutral” rating and issued a $90.00 target price (up previously from $80.00) on shares of Microchip Technology in a report on Tuesday, May 7th. B. Riley boosted their price target on Microchip Technology from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Finally, UBS Group increased their price objective on Microchip Technology from $95.00 to $103.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.39. Read Our Latest Report on Microchip Technology About Microchip Technology (Free Report) Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications.
- 05/20/2024
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Meridian Wealth Management LLC Invests $228,000 in Teradyne, Inc. (NASDAQ:TER)
- Meridian Wealth Management LLC acquired a new position in Teradyne, Inc. (NASDAQ:TER – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,104 shares of the company’s stock, valued at approximately $228,000. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Teradyne by 3.9% during the third quarter. FMR LLC now owns 11,533,715 shares of the company’s stock worth $1,158,677,000 after buying an additional 437,054 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Teradyne by 2.5% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,432,153 shares of the company’s stock valued at $445,254,000 after purchasing an additional 106,848 shares during the period. Van ECK Associates Corp grew its position in Teradyne by 26.9% in the 4th quarter. Van ECK Associates Corp now owns 4,361,091 shares of the company’s stock worth $473,265,000 after purchasing an additional 923,612 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Teradyne by 4.6% during the 3rd quarter. Nordea Investment Management AB now owns 3,177,256 shares of the company’s stock worth $321,062,000 after purchasing an additional 140,579 shares during the period. Finally, Boston Partners increased its holdings in shares of Teradyne by 23.2% during the 4th quarter. Boston Partners now owns 2,896,349 shares of the company’s stock worth $314,324,000 after purchasing an additional 544,482 shares during the period. Institutional investors own 99.77% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts recently issued reports on TER shares. Robert W. Baird increased their price target on shares of Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Evercore ISI started coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 target price on the stock. Cantor Fitzgerald reiterated a “neutral” rating and set a $110.00 target price on shares of Teradyne in a research report on Thursday, April 25th. JPMorgan Chase & Co. boosted their price target on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Finally, Susquehanna raised their price objective on shares of Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $117.83. Get Our Latest Research Report on Teradyne Insider Activity In related news, CFO Sanjay Mehta sold 3,750 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total transaction of $450,225.00. Following the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at $5,030,754.12. The sale was disclosed in a filing with the SEC, which is available through this link. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now directly owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sanjay Mehta sold 3,750 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total value of $450,225.00. Following the completion of the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at approximately $5,030,754.12. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders. Teradyne Trading Up 0.3 % TER stock opened at $131.91 on Monday. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $133.46. The business’s 50-day moving average price is $111.48 and its two-hundred day moving average price is $103.97. The firm has a market cap of $20.59 billion, a PE ratio of 50.16 and a beta of 1.50. Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The firm had revenue of $599.82 million for the quarter, compared to analyst estimates of $566.31 million. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 earnings per share. On average, analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current year. Teradyne Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.36%. Teradyne’s dividend payout ratio is 18.25%. About Teradyne (Free Report) Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. Read More Five stocks we like better than Teradyne Investing In Automotive Stocks JD’s Earnings Could Mean Chinese Stocks Making a Comeback How to Invest in Tech Stocks and Top Tech Stocks to Consider Canada Goose Flies Higher Driven By DTC Growth 3 Grocery Stocks That Are Proving They Are Still Essential CVS Health Stock Has a Silver Lining Called Value
- 05/20/2024
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Alphabet Inc. (NASDAQ:GOOGL) Shares Acquired by Checchi Capital Advisers LLC
- Checchi Capital Advisers LLC lifted its stake in shares of Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 48,300 shares of the information services provider’s stock after purchasing an additional 564 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Alphabet were worth $6,747,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also made changes to their positions in the company. Sonata Capital Group Inc. increased its position in Alphabet by 5.1% during the third quarter. Sonata Capital Group Inc. now owns 3,720 shares of the information services provider’s stock worth $487,000 after buying an additional 180 shares in the last quarter. CENTRAL TRUST Co boosted its stake in shares of Alphabet by 0.5% during the third quarter. CENTRAL TRUST Co now owns 321,149 shares of the information services provider’s stock valued at $42,026,000 after acquiring an additional 1,442 shares during the last quarter. Inspire Advisors LLC purchased a new stake in Alphabet during the 3rd quarter worth about $416,000. Western Pacific Wealth Management LP raised its stake in Alphabet by 27.6% in the 3rd quarter. Western Pacific Wealth Management LP now owns 22,574 shares of the information services provider’s stock valued at $2,954,000 after purchasing an additional 4,877 shares during the last quarter. Finally, Gratus Capital LLC lifted its holdings in Alphabet by 3.2% in the 3rd quarter. Gratus Capital LLC now owns 192,904 shares of the information services provider’s stock valued at $25,243,000 after purchasing an additional 5,970 shares in the last quarter. 40.03% of the stock is owned by institutional investors and hedge funds. Alphabet Stock Up 1.1 % Shares of NASDAQ GOOGL opened at $176.06 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.15 and a current ratio of 2.15. The firm has a market cap of $2.18 trillion, a price-to-earnings ratio of 27.00, a PEG ratio of 1.35 and a beta of 1.02. Alphabet Inc. has a 1 year low of $115.35 and a 1 year high of $176.26. The stock’s 50-day simple moving average is $157.22 and its 200-day simple moving average is $145.29. Alphabet (NASDAQ:GOOGL – Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The information services provider reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.40. The firm had revenue of $80.54 billion during the quarter, compared to analyst estimates of $66.04 billion. Alphabet had a return on equity of 29.52% and a net margin of 25.90%. During the same period in the previous year, the company earned $1.17 earnings per share. As a group, equities analysts anticipate that Alphabet Inc. will post 7.61 earnings per share for the current fiscal year. Alphabet Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 10th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 10th. This represents a $0.80 dividend on an annualized basis and a yield of 0.45%. Alphabet’s payout ratio is currently 12.27%. Analyst Ratings Changes A number of equities analysts have recently weighed in on the stock. Wolfe Research boosted their price objective on shares of Alphabet from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Evercore ISI increased their price target on Alphabet from $160.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Roth Mkm lifted their price objective on Alphabet from $164.00 to $202.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Robert W. Baird increased their target price on Alphabet from $160.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, Argus lifted their price target on Alphabet from $170.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Five analysts have rated the stock with a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Alphabet presently has a consensus rating of “Moderate Buy” and an average price target of $190.60. Read Our Latest Research Report on GOOGL Insider Buying and Selling at Alphabet In other Alphabet news, CEO Sundar Pichai sold 22,500 shares of Alphabet stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $132.70, for a total value of $2,985,750.00. Following the completion of the transaction, the chief executive officer now directly owns 2,332,691 shares in the company, valued at $309,548,095.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $132.70, for a total transaction of $2,985,750.00. Following the completion of the transaction, the chief executive officer now directly owns 2,332,691 shares in the company, valued at $309,548,095.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John L. Hennessy sold 2,100 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $175.76, for a total value of $369,096.00. Following the transaction, the director now owns 5,891 shares of the company’s stock, valued at $1,035,402.16. The disclosure for this sale can be found here. Insiders sold a total of 276,511 shares of company stock worth $41,234,695 over the last ninety days. Company insiders own 0.88% of the company’s stock. Alphabet Profile (Free Report) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
- 05/20/2024
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Foundations Investment Advisors LLC Takes Position in Global Payments Inc. (NYSE:GPN)
- Foundations Investment Advisors LLC purchased a new stake in Global Payments Inc. (NYSE:GPN – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,567 shares of the business services provider’s stock, valued at approximately $212,000. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Livforsakringsbolaget Skandia Omsesidigt boosted its position in Global Payments by 70.4% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 564 shares of the business services provider’s stock worth $72,000 after purchasing an additional 233 shares during the period. McKinley Carter Wealth Services Inc. grew its stake in shares of Global Payments by 35.4% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 46,953 shares of the business services provider’s stock valued at $5,963,000 after buying an additional 12,273 shares in the last quarter. Waverly Advisors LLC raised its holdings in shares of Global Payments by 60.5% during the 3rd quarter. Waverly Advisors LLC now owns 19,593 shares of the business services provider’s stock valued at $2,261,000 after buying an additional 7,387 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Global Payments by 6.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 255,468 shares of the business services provider’s stock worth $32,064,000 after acquiring an additional 15,655 shares in the last quarter. Finally, Shaker Investments LLC OH acquired a new stake in Global Payments in the fourth quarter valued at approximately $1,815,000. 89.76% of the stock is owned by institutional investors and hedge funds. Insider Buying and Selling In other Global Payments news, VP Andrea M. Carter sold 3,300 shares of Global Payments stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $111.34, for a total transaction of $367,422.00. Following the sale, the vice president now owns 25,209 shares of the company’s stock, valued at approximately $2,806,770.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.98% of the company’s stock. Analysts Set New Price Targets Several brokerages have recently weighed in on GPN. Evercore ISI decreased their target price on shares of Global Payments from $185.00 to $180.00 and set an “outperform” rating for the company in a research note on Thursday, February 15th. JPMorgan Chase & Co. lifted their target price on Global Payments from $145.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, February 15th. UBS Group increased their price target on Global Payments from $130.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, February 15th. TheStreet upgraded Global Payments from a “c” rating to a “b-” rating in a report on Thursday, February 1st. Finally, BMO Capital Markets dropped their price target on shares of Global Payments from $143.00 to $128.00 and set a “market perform” rating for the company in a research note on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $149.11. Read Our Latest Stock Analysis on Global Payments Global Payments Trading Down 0.1 % Shares of NYSE:GPN opened at $109.16 on Monday. Global Payments Inc. has a fifty-two week low of $95.12 and a fifty-two week high of $141.77. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.68. The company has a market cap of $27.86 billion, a PE ratio of 21.66, a P/E/G ratio of 0.70 and a beta of 0.97. The company’s 50-day moving average price is $123.49 and its 200 day moving average price is $125.00. Global Payments Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, June 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.92%. Global Payments’s dividend payout ratio is presently 19.84%. Global Payments Profile (Free Report) Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services. Read More Five stocks we like better than Global Payments The Significance of Brokerage Rankings in Stock Selection Canada Goose Flies Higher Driven By DTC Growth Dividend Capture Strategy: What You Need to Know CVS Health Stock Has a Silver Lining Called Value Why Special Dividends Can be a Delightful Surprise for Income Investors Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding GPN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Payments Inc. (NYSE:GPN – Free Report).
- 05/20/2024
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Motorola Solutions, Inc. (NYSE:MSI) Position Lessened by Foundations Investment Advisors LLC
- Foundations Investment Advisors LLC lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 17.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 730 shares of the communications equipment provider’s stock after selling 157 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Motorola Solutions were worth $237,000 at the end of the most recent reporting period. A number of other institutional investors have also recently added to or reduced their stakes in MSI. FMR LLC grew its position in shares of Motorola Solutions by 1.6% during the third quarter. FMR LLC now owns 2,350,325 shares of the communications equipment provider’s stock worth $639,853,000 after acquiring an additional 37,718 shares during the last quarter. Raymond James & Associates increased its stake in shares of Motorola Solutions by 4.7% in the fourth quarter. Raymond James & Associates now owns 2,155,597 shares of the communications equipment provider’s stock valued at $674,896,000 after purchasing an additional 96,421 shares during the period. Invesco Ltd. raised its holdings in shares of Motorola Solutions by 0.4% during the third quarter. Invesco Ltd. now owns 2,006,858 shares of the communications equipment provider’s stock valued at $546,347,000 after buying an additional 8,514 shares during the last quarter. Northern Trust Corp boosted its position in shares of Motorola Solutions by 1.5% during the third quarter. Northern Trust Corp now owns 1,841,890 shares of the communications equipment provider’s stock worth $501,436,000 after buying an additional 27,874 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Motorola Solutions by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 1,605,900 shares of the communications equipment provider’s stock worth $437,190,000 after buying an additional 36,061 shares during the period. 84.17% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Several analysts have weighed in on the company. StockNews.com raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Evercore ISI assumed coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. Finally, Barclays upped their price target on shares of Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a research note on Friday, May 3rd. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Moderate Buy” and a consensus price target of $357.43. Check Out Our Latest Stock Analysis on MSI Motorola Solutions Stock Performance Shares of MSI opened at $367.80 on Monday. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The firm’s 50 day moving average is $348.96 and its 200-day moving average is $330.08. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $369.59. The stock has a market capitalization of $61.35 billion, a P/E ratio of 45.46, a P/E/G ratio of 3.23 and a beta of 0.91. Motorola Solutions Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be issued a $0.98 dividend. The ex-dividend date is Friday, June 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.07%. Motorola Solutions’s dividend payout ratio is currently 48.45%. Insider Buying and Selling at Motorola Solutions In related news, SVP James A. Niewiara sold 810 shares of Motorola Solutions stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $358.09, for a total value of $290,052.90. Following the transaction, the senior vice president now directly owns 12,986 shares in the company, valued at approximately $4,650,156.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP James A. Niewiara sold 810 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Cynthia Yazdi sold 4,744 shares of Motorola Solutions stock in a transaction on Friday, March 1st. The shares were sold at an average price of $334.30, for a total transaction of $1,585,919.20. Following the sale, the senior vice president now directly owns 8,858 shares of the company’s stock, valued at approximately $2,961,229.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,169 shares of company stock valued at $2,803,460. Corporate insiders own 1.26% of the company’s stock. Motorola Solutions Profile (Free Report) Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
- 05/20/2024
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Quadrant Capital Group LLC Buys 151 Shares of The Hartford Financial Services Group, Inc. (NYSE:HIG)
- Quadrant Capital Group LLC increased its stake in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG – Free Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,505 shares of the insurance provider’s stock after purchasing an additional 151 shares during the quarter. Quadrant Capital Group LLC’s holdings in The Hartford Financial Services Group were worth $282,000 as of its most recent SEC filing. Other institutional investors also recently added to or reduced their stakes in the company. MV Capital Management Inc. lifted its position in shares of The Hartford Financial Services Group by 8.9% during the fourth quarter. MV Capital Management Inc. now owns 1,416 shares of the insurance provider’s stock valued at $114,000 after buying an additional 116 shares during the last quarter. Realta Investment Advisors lifted its position in The Hartford Financial Services Group by 3.7% during the fourth quarter. Realta Investment Advisors now owns 3,635 shares of the insurance provider’s stock valued at $292,000 after acquiring an additional 129 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in The Hartford Financial Services Group by 4.7% in the fourth quarter. Perigon Wealth Management LLC now owns 3,204 shares of the insurance provider’s stock valued at $258,000 after acquiring an additional 143 shares in the last quarter. Moors & Cabot Inc. grew its holdings in The Hartford Financial Services Group by 1.5% in the third quarter. Moors & Cabot Inc. now owns 10,490 shares of the insurance provider’s stock worth $744,000 after purchasing an additional 150 shares during the last quarter. Finally, CI Investments Inc. increased its position in shares of The Hartford Financial Services Group by 2.9% during the third quarter. CI Investments Inc. now owns 5,473 shares of the insurance provider’s stock worth $388,000 after purchasing an additional 153 shares in the last quarter. Institutional investors own 93.42% of the company’s stock. Insider Buying and Selling at The Hartford Financial Services Group In other news, SVP Allison G. Niderno sold 1,516 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $94.55, for a total transaction of $143,337.80. Following the sale, the senior vice president now directly owns 630 shares of the company’s stock, valued at approximately $59,566.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP Allison G. Niderno sold 1,516 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $94.55, for a total transaction of $143,337.80. Following the completion of the transaction, the senior vice president now directly owns 630 shares of the company’s stock, valued at approximately $59,566.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Robert W. Paiano sold 14,528 shares of The Hartford Financial Services Group stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $93.97, for a total transaction of $1,365,196.16. Following the completion of the sale, the executive vice president now directly owns 46,792 shares in the company, valued at approximately $4,397,044.24. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,580 shares of company stock valued at $17,711,492. Corporate insiders own 1.60% of the company’s stock. The Hartford Financial Services Group Stock Up 1.0 % Shares of HIG opened at $103.17 on Monday. The stock’s 50-day moving average price is $99.81 and its 200-day moving average price is $89.41. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $30.51 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 1.48 and a beta of 0.90. The Hartford Financial Services Group, Inc. has a 52 week low of $67.42 and a 52 week high of $103.64. The Hartford Financial Services Group (NYSE:HIG – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The insurance provider reported $2.34 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.09). The company had revenue of $6.42 billion during the quarter, compared to analysts’ expectations of $6.51 billion. The Hartford Financial Services Group had a return on equity of 20.64% and a net margin of 10.87%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.68 EPS. On average, sell-side analysts predict that The Hartford Financial Services Group, Inc. will post 9.94 EPS for the current year. The Hartford Financial Services Group Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 3rd will be given a dividend of $0.47 per share. The ex-dividend date is Friday, May 31st. This represents a $1.88 annualized dividend and a yield of 1.82%. The Hartford Financial Services Group’s dividend payout ratio is presently 21.36%. Wall Street Analyst Weigh In Several research analysts recently weighed in on HIG shares. Evercore ISI boosted their target price on The Hartford Financial Services Group from $96.00 to $104.00 and gave the stock an “in-line” rating in a research note on Thursday, April 11th. Citigroup upped their price objective on shares of The Hartford Financial Services Group from $113.00 to $116.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Raymond James reaffirmed an “outperform” rating and issued a $120.00 price objective (up from $100.00) on shares of The Hartford Financial Services Group in a research report on Monday, April 1st. Piper Sandler reissued an “overweight” rating and set a $115.00 target price on shares of The Hartford Financial Services Group in a research report on Monday, April 1st. Finally, JPMorgan Chase & Co. raised their price target on shares of The Hartford Financial Services Group from $91.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $105.88. Read Our Latest Stock Analysis on HIG About The Hartford Financial Services Group (Free Report) The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.
- 05/20/2024
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Panagora Asset Management Inc. Trims Stake in Broadridge Financial Solutions, Inc. (NYSE:BR)
- Panagora Asset Management Inc. lessened its stake in Broadridge Financial Solutions, Inc. (NYSE:BR – Free Report) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,240 shares of the business services provider’s stock after selling 327 shares during the period. Panagora Asset Management Inc.’s holdings in Broadridge Financial Solutions were worth $3,547,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its holdings in Broadridge Financial Solutions by 2.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,129 shares of the business services provider’s stock worth $1,276,000 after acquiring an additional 186 shares in the last quarter. Allworth Financial LP raised its position in shares of Broadridge Financial Solutions by 83.4% during the 3rd quarter. Allworth Financial LP now owns 565 shares of the business services provider’s stock worth $101,000 after purchasing an additional 257 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Broadridge Financial Solutions by 24.2% in the 3rd quarter. Wealthfront Advisers LLC now owns 7,431 shares of the business services provider’s stock worth $1,331,000 after buying an additional 1,450 shares during the last quarter. New Mexico Educational Retirement Board raised its position in shares of Broadridge Financial Solutions by 7.0% in the third quarter. New Mexico Educational Retirement Board now owns 6,150 shares of the business services provider’s stock valued at $1,101,000 after buying an additional 400 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in Broadridge Financial Solutions by 5.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 14,760 shares of the business services provider’s stock valued at $2,643,000 after acquiring an additional 798 shares in the last quarter. 90.03% of the stock is owned by hedge funds and other institutional investors. Insider Activity In other news, VP Thomas P. Carey sold 12,731 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $201.02, for a total value of $2,559,185.62. Following the completion of the sale, the vice president now directly owns 13,303 shares of the company’s stock, valued at $2,674,169.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, VP Thomas P. Carey sold 12,731 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $201.02, for a total transaction of $2,559,185.62. Following the completion of the sale, the vice president now directly owns 13,303 shares of the company’s stock, valued at $2,674,169.06. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Douglas Richard Deschutter sold 12,200 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $204.71, for a total transaction of $2,497,462.00. Following the transaction, the insider now owns 32,480 shares of the company’s stock, valued at approximately $6,648,980.80. The disclosure for this sale can be found here. Insiders have sold 25,761 shares of company stock valued at $5,223,959 in the last ninety days. 1.60% of the stock is currently owned by company insiders. Analyst Ratings Changes A number of equities analysts recently weighed in on the stock. Evercore ISI reaffirmed an “outperform” rating and set a $230.00 price objective on shares of Broadridge Financial Solutions in a research report on Tuesday, March 26th. DA Davidson reaffirmed a “neutral” rating and issued a $185.00 price objective on shares of Broadridge Financial Solutions in a research note on Wednesday, April 10th. Royal Bank of Canada increased their target price on Broadridge Financial Solutions from $212.00 to $239.00 and gave the stock an “outperform” rating in a research note on Friday, February 2nd. Raymond James raised their target price on Broadridge Financial Solutions from $205.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. Finally, StockNews.com lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, May 12th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $206.67. Check Out Our Latest Analysis on Broadridge Financial Solutions Broadridge Financial Solutions Stock Performance NYSE BR opened at $203.49 on Monday. The company has a fifty day moving average of $199.48 and a two-hundred day moving average of $197.24. The company has a market capitalization of $24.05 billion, a PE ratio of 34.73 and a beta of 0.98. Broadridge Financial Solutions, Inc. has a 1 year low of $144.54 and a 1 year high of $210.24. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.39 and a quick ratio of 1.39. Broadridge Financial Solutions (NYSE:BR – Get Free Report) last posted its earnings results on Wednesday, May 8th. The business services provider reported $2.23 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.01). The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Broadridge Financial Solutions had a net margin of 10.92% and a return on equity of 40.88%. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.05 earnings per share. As a group, analysts expect that Broadridge Financial Solutions, Inc. will post 7.72 earnings per share for the current year. Broadridge Financial Solutions Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, June 14th will be given a dividend of $0.80 per share. The ex-dividend date is Friday, June 14th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.57%. Broadridge Financial Solutions’s dividend payout ratio (DPR) is presently 54.61%. About Broadridge Financial Solutions (Free Report) Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. See Also Five stocks we like better than Broadridge Financial Solutions How to Start Investing in Real Estate Canada Goose Flies Higher Driven By DTC Growth Compound Interest and Why It Matters When Investing CVS Health Stock Has a Silver Lining Called Value What Makes a Stock a Good Dividend Stock? Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
- 05/20/2024
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Xcel Energy Inc. (NASDAQ:XEL) Shares Sold by Beacon Pointe Advisors LLC
- Beacon Pointe Advisors LLC decreased its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 5.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,952 shares of the company’s stock after selling 1,553 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Xcel Energy were worth $1,669,000 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 XEL. Asset Management One Co. Ltd. lifted its position in Xcel Energy by 2.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 298,074 shares of the company’s stock valued at $18,448,000 after buying an additional 7,679 shares in the last quarter. Principal Securities Inc. purchased a new position in Xcel Energy in the fourth quarter valued at about $896,000. Kayne Anderson Capital Advisors LP boosted its position in shares of Xcel Energy by 3.7% in the fourth quarter. Kayne Anderson Capital Advisors LP now owns 325,159 shares of the company’s stock worth $20,131,000 after buying an additional 11,709 shares during the period. Pacer Advisors Inc. grew its stake in shares of Xcel Energy by 47.7% in the fourth quarter. Pacer Advisors Inc. now owns 115,016 shares of the company’s stock valued at $7,121,000 after buying an additional 37,131 shares in the last quarter. Finally, Seven Eight Capital LP raised its holdings in shares of Xcel Energy by 930.5% during the 3rd quarter. Seven Eight Capital LP now owns 45,918 shares of the company’s stock valued at $2,627,000 after buying an additional 41,462 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock. Wall Street Analysts Forecast Growth XEL has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Xcel Energy from $68.00 to $59.00 and set a “neutral” rating for the company in a research report on Wednesday, March 13th. StockNews.com upgraded Xcel Energy from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. TheStreet cut shares of Xcel Energy from a “b-” rating to a “c+” rating in a research report on Thursday, March 14th. Evercore ISI boosted their price objective on Xcel Energy from $54.00 to $59.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Royal Bank of Canada increased their target price on Xcel Energy from $67.00 to $68.00 and gave the stock a “sector perform” rating in a report on Tuesday, January 30th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $62.83. Get Our Latest Research Report on XEL Xcel Energy Stock Performance Shares of XEL opened at $55.52 on Monday. Xcel Energy Inc. has a one year low of $46.79 and a one year high of $66.52. The company has a 50-day moving average of $53.80 and a two-hundred day moving average of $57.63. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.86 and a quick ratio of 0.74. The stock has a market cap of $30.85 billion, a price-to-earnings ratio of 16.67, a PEG ratio of 2.44 and a beta of 0.36. Xcel Energy (NASDAQ:XEL – Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.80 by $0.08. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Xcel Energy had a net margin of 13.36% and a return on equity of 11.03%. The firm’s quarterly revenue was down 10.6% compared to the same quarter last year. During the same period last year, the company posted $0.76 earnings per share. On average, equities research analysts expect that Xcel Energy Inc. will post 3.56 earnings per share for the current year. Xcel Energy Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Saturday, April 20th. Stockholders of record on Friday, March 15th were given a $0.548 dividend. This is an increase from Xcel Energy’s previous quarterly dividend of $0.52. This represents a $2.19 annualized dividend and a dividend yield of 3.95%. The ex-dividend date of this dividend was Thursday, March 14th. Xcel Energy’s dividend payout ratio (DPR) is currently 65.77%. Xcel Energy Company Profile (Free Report) Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels. Read More Five stocks we like better than Xcel Energy What Do S&P 500 Stocks Tell Investors About the Market? Canada Goose Flies Higher Driven By DTC Growth What is a Special Dividend? CVS Health Stock Has a Silver Lining Called Value How to invest in blue chip stocks Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding XEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xcel Energy Inc. (NASDAQ:XEL – Free Report).
- 05/20/2024
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Beacon Pointe Advisors LLC Has $1.72 Million Stock Holdings in SL Green Realty Corp. (NYSE:SLG)
- Beacon Pointe Advisors LLC lowered its stake in SL Green Realty Corp. (NYSE:SLG – Free Report) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,068 shares of the real estate investment trust’s stock after selling 10,364 shares during the period. Beacon Pointe Advisors LLC owned 0.06% of SL Green Realty worth $1,720,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of the stock. Phocas Financial Corp. bought a new stake in SL Green Realty during the 4th quarter worth $3,425,000. Jump Financial LLC acquired a new stake in SL Green Realty during the 4th quarter worth approximately $2,808,000. Wellington Management Group LLP bought a new stake in SL Green Realty during the 3rd quarter worth approximately $38,666,000. Cyndeo Wealth Partners LLC acquired a new position in SL Green Realty in the 4th quarter valued at approximately $4,593,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of SL Green Realty during the fourth quarter worth $491,000. 89.96% of the stock is currently owned by institutional investors and hedge funds. SL Green Realty Stock Down 0.3 % Shares of NYSE SLG opened at $52.99 on Monday. The stock’s 50-day simple moving average is $51.82 and its two-hundred day simple moving average is $46.02. SL Green Realty Corp. has a twelve month low of $21.09 and a twelve month high of $57.33. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.96 and a current ratio of 2.96. SL Green Realty Cuts Dividend The business also recently announced a monthly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were paid a $0.25 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date of this dividend was Monday, April 29th. SL Green Realty’s dividend payout ratio is currently -36.32%. Analyst Ratings Changes A number of equities analysts have recently issued reports on the company. Piper Sandler restated an “overweight” rating and set a $58.00 price objective on shares of SL Green Realty in a research report on Tuesday, March 26th. BMO Capital Markets upgraded SL Green Realty from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $56.00 to $58.00 in a report on Thursday, April 18th. Evercore ISI raised their target price on SL Green Realty from $46.00 to $47.00 and gave the company an “underperform” rating in a research note on Monday, April 22nd. Scotiabank raised their price target on shares of SL Green Realty from $40.00 to $43.00 and gave the company a “sector underperform” rating in a research report on Tuesday, April 2nd. Finally, StockNews.com upgraded SL Green Realty to a “sell” rating in a report on Wednesday, May 8th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $47.00. Check Out Our Latest Stock Report on SL Green Realty SL Green Realty Company Profile (Free Report) 3SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2022, SL Green held interests in 64 buildings totaling 34.4 million square feet.
- 05/20/2024
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Beacon Pointe Advisors LLC Sells 3,059 Shares of Dominion Energy, Inc. (NYSE:D)
- Beacon Pointe Advisors LLC trimmed its position in Dominion Energy, Inc. (NYSE:D – Free Report) by 7.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 37,465 shares of the utilities provider’s stock after selling 3,059 shares during the period. Beacon Pointe Advisors LLC’s holdings in Dominion Energy were worth $1,761,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds also recently made changes to their positions in D. Criterion Capital Advisors LLC bought a new stake in shares of Dominion Energy during the fourth quarter worth $29,000. Moisand Fitzgerald Tamayo LLC acquired a new position in Dominion Energy during the fourth quarter valued at approximately $30,000. Venturi Wealth Management LLC boosted its holdings in shares of Dominion Energy by 84.5% in the 4th quarter. Venturi Wealth Management LLC now owns 677 shares of the utilities provider’s stock valued at $32,000 after buying an additional 310 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in Dominion Energy during the third quarter worth approximately $36,000. Finally, Oliver Lagore Vanvalin Investment Group increased its holdings in shares of Dominion Energy by 91.1% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 839 shares of the utilities provider’s stock worth $37,000 after acquiring an additional 400 shares during the last quarter. Institutional investors own 73.04% of the company’s stock. Wall Street Analysts Forecast Growth A number of analysts have recently issued reports on D shares. Guggenheim cut their target price on shares of Dominion Energy from $57.00 to $52.00 and set a “buy” rating for the company in a research note on Monday, March 4th. BMO Capital Markets increased their target price on Dominion Energy from $51.00 to $52.00 and gave the stock a “market perform” rating in a research note on Monday, May 6th. StockNews.com upgraded Dominion Energy from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Evercore ISI lifted their price target on shares of Dominion Energy from $47.00 to $53.00 and gave the company an “in-line” rating in a research report on Friday, May 3rd. Finally, Barclays cut their target price on Dominion Energy from $50.00 to $49.00 and set an “overweight” rating for the company in a research report on Monday, April 15th. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $51.73. Read Our Latest Research Report on Dominion Energy Dominion Energy Stock Performance Shares of Dominion Energy stock opened at $53.50 on Monday. The business has a 50-day simple moving average of $49.79 and a 200 day simple moving average of $47.63. Dominion Energy, Inc. has a one year low of $39.18 and a one year high of $54.74. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.05 and a quick ratio of 0.94. The firm has a market capitalization of $44.81 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 1.84 and a beta of 0.59. Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings data on Thursday, May 2nd. The utilities provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.51 by $0.04. The firm had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $4.34 billion. Dominion Energy had a return on equity of 7.50% and a net margin of 11.57%. The company’s quarterly revenue was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.99 earnings per share. On average, research analysts anticipate that Dominion Energy, Inc. will post 2.75 earnings per share for the current fiscal year. Dominion Energy Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.99%. The ex-dividend date is Friday, May 31st. Dominion Energy’s dividend payout ratio (DPR) is presently 137.63%. Insiders Place Their Bets In other news, Director Joseph M. Rigby purchased 2,130 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were bought at an average cost of $46.94 per share, with a total value of $99,982.20. Following the completion of the transaction, the director now directly owns 8,417 shares of the company’s stock, valued at $395,093.98. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Robert M. Blue bought 21,735 shares of the company’s stock in a transaction on Monday, March 4th. The shares were purchased at an average price of $45.91 per share, for a total transaction of $997,853.85. Following the completion of the transaction, the chief executive officer now directly owns 176,240 shares in the company, valued at approximately $8,091,178.40. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Joseph M. Rigby purchased 2,130 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of $46.94 per share, with a total value of $99,982.20. Following the completion of the acquisition, the director now directly owns 8,417 shares of the company’s stock, valued at $395,093.98. The disclosure for this purchase can be found here. Insiders own 0.12% of the company’s stock. Dominion Energy Profile (Free Report) Dominion Energy, Inc produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. See Also Five stocks we like better than Dominion Energy What is a Death Cross in Stocks? Canada Goose Flies Higher Driven By DTC Growth How to Use Stock Screeners to Find Stocks CVS Health Stock Has a Silver Lining Called Value Dividend Payout Ratio Calculator Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy, Inc. (NYSE:D – Free Report).
- 05/20/2024
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Panagora Asset Management Inc. Has $2.95 Million Stock Position in Abbott Laboratories (NYSE:ABT)
- Panagora Asset Management Inc. increased its holdings in Abbott Laboratories (NYSE:ABT – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,804 shares of the healthcare product maker’s stock after purchasing an additional 724 shares during the quarter. Panagora Asset Management Inc.’s holdings in Abbott Laboratories were worth $2,950,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also bought and sold shares of ABT. Perigon Wealth Management LLC lifted its stake in shares of Abbott Laboratories by 5.2% in the fourth quarter. Perigon Wealth Management LLC now owns 47,080 shares of the healthcare product maker’s stock worth $5,182,000 after acquiring an additional 2,317 shares during the period. Boston Partners boosted its stake in shares of Abbott Laboratories by 634.6% in the 3rd quarter. Boston Partners now owns 29,758 shares of the healthcare product maker’s stock valued at $2,882,000 after purchasing an additional 25,707 shares during the last quarter. VisionPoint Advisory Group LLC increased its position in shares of Abbott Laboratories by 7.4% during the third quarter. VisionPoint Advisory Group LLC now owns 3,106 shares of the healthcare product maker’s stock worth $301,000 after buying an additional 215 shares during the period. Gradient Investments LLC raised its stake in Abbott Laboratories by 4.7% during the fourth quarter. Gradient Investments LLC now owns 257,508 shares of the healthcare product maker’s stock worth $28,344,000 after buying an additional 11,508 shares during the last quarter. Finally, BKM Wealth Management LLC bought a new stake in Abbott Laboratories during the fourth quarter valued at $2,111,000. 75.18% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling at Abbott Laboratories In other news, EVP Lisa D. Earnhardt sold 22,852 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $106.25, for a total value of $2,428,025.00. Following the transaction, the executive vice president now owns 61,462 shares in the company, valued at approximately $6,530,337.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Abbott Laboratories news, EVP Jr. Robert E. Funck sold 10,097 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $104.57, for a total value of $1,055,843.29. Following the transaction, the executive vice president now directly owns 211,341 shares in the company, valued at $22,099,928.37. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Lisa D. Earnhardt sold 22,852 shares of the firm’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $106.25, for a total transaction of $2,428,025.00. Following the sale, the executive vice president now owns 61,462 shares of the company’s stock, valued at approximately $6,530,337.50. The disclosure for this sale can be found here. In the last 90 days, insiders sold 46,884 shares of company stock worth $5,153,916. Insiders own 1.10% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have issued reports on ABT. Royal Bank of Canada cut their price target on Abbott Laboratories from $128.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, April 18th. Raymond James reissued a “buy” rating and set a $124.00 target price on shares of Abbott Laboratories in a research note on Wednesday, April 24th. Evercore ISI upped their price objective on shares of Abbott Laboratories from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, April 4th. Citigroup raised their target price on Abbott Laboratories from $126.00 to $128.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Finally, Barclays dropped their price target on Abbott Laboratories from $141.00 to $140.00 and set an “overweight” rating on the stock in a research note on Monday, April 22nd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Abbott Laboratories presently has an average rating of “Moderate Buy” and an average target price of $121.50. Get Our Latest Analysis on ABT Abbott Laboratories Stock Down 0.7 % ABT stock opened at $104.09 on Monday. The stock’s 50 day moving average is $109.59 and its 200-day moving average is $109.43. Abbott Laboratories has a twelve month low of $89.67 and a twelve month high of $121.64. The firm has a market capitalization of $181.08 billion, a PE ratio of 32.43, a P/E/G ratio of 2.50 and a beta of 0.76. The company has a quick ratio of 1.11, a current ratio of 1.60 and a debt-to-equity ratio of 0.32. Abbott Laboratories (NYSE:ABT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 17th. The healthcare product maker reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.02. The business had revenue of $9.96 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Abbott Laboratories had a return on equity of 20.18% and a net margin of 13.96%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the business earned $1.03 EPS. Sell-side analysts expect that Abbott Laboratories will post 4.62 EPS for the current fiscal year. About Abbott Laboratories (Free Report) Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The company provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon.
- 05/20/2024
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Google's Gemini is a great generative AI for the consumer, says Evercore ISI's Mark Mahaney
- Mark Mahaney, Evercore ISI head of internet research, and Jason Snipe, founder and CIO at Odyssey Capital Advisors, join 'Closing Bell' to discuss the mega-cap tech earnings and which company is winning in the AI race.
- 04/30/2024
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Evercore (EVR) Stock Dips 4.9% as Q1 Earnings Miss Estimates
- Evercore's (EVR) first-quarter earnings reflect an improvement in revenues, as well as a decline in provisions. However, elevated expenses pose near-term concerns.
- 04/25/2024
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Evercore Inc. (EVR) Q1 2024 Earnings Call Transcript
- Evercore Inc. (NYSE:EVR ) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Katy Haber - Managing Director, Investor Relations and ESG John Weinberg - Chairman and Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Brennan Hawken - UBS Brendan O'Brien - Wolfe Research James Yaro - Goldman Sachs Ryan Kenny - Morgan Stanley Aidan Hall - KBW Operator Good morning and welcome to the Evercore First Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about 1 hour, including remarks by Evercore management and the question-and-answer session.
- 04/24/2024
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Here's What Key Metrics Tell Us About Evercore (EVR) Q1 Earnings
- Although the revenue and EPS for Evercore (EVR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/24/2024
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Evercore (EVR) Q1 Earnings and Revenues Miss Estimates
- Evercore (EVR) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $2.16 per share a year ago.
- 04/24/2024
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Evercore Reports First Quarter 2024 Results; Increases Quarterly Dividend to $0.80 Per Share
- NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): First Quarter Results U.S. GAAP Adjusted Q1 2024 Q1 2023 Q1 2024 Q1 2023 Net Revenues ($ mm) $ 580.8 $ 572.1 $ 587.3 $ 577.8 Operating Income ($ mm) $ 84.1 $ 106.9 $ 90.6 $ 115.5 Net Income Attributable to Evercore Inc. ($ mm) $ 85.7 $ 83.4 $ 92.9 $ 93.3 Diluted Earnings Per Share $ 2.09 $ 2.06 $ 2.13 $ 2.16 Compensation Ratio 66.8 % 64.1 % 66.0 % 63.5 % Operating Margin 14.5 % .
- 04/24/2024
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Evercore (EVR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/17/2024
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Big Tech layoffs aren't helping commercial real estate demand, says Evercore's Steve Sakwa
- Steve Sakwa, senior equity research analyst at Evercore ISI, on what's next for commercial real estate, the impact of increasing return-to-office mandates, and more.
- 04/16/2024
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Evercore to Announce First Quarter 2024 Financial Results and Host Conference Call on April 24, 2024
- NEW YORK--(BUSINESS WIRE)--Evercore to Announce First Quarter 2024 Financial Results and Host Conference Call on April 24, 2024.
- 04/10/2024
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Mark Lipacis Joins Evercore ISI as Senior Managing Director
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Mark Lipacis has joined Evercore ISI as a senior managing director to lead research coverage of semiconductor and capital equipment companies. Mr. Lipacis brings over 25 years of semiconductor device and semi-cap equipment investing expertise. He joined Evercore from Jefferies and has sell-side experience across Wall Street, including with Morgan Stanley, Prudential and Merrill Lynch. Mr. Lipacis ranked No. 1 in Institutional.
- 04/03/2024
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Google's search business is highly durable, AI is a tailwind, says Evercore ISI's Mark Mahaney
- Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell' to discuss Google's regulatory risks after Apple faces a DOJ antitrust lawsuit.
- 03/21/2024
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Here's Why Evercore (EVR) is a Strong Momentum Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/20/2024
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Cathie Wood and Warren Buffett Each Own This Artificial Intelligence (AI) Stock. 1 Wall Street Analyst Thinks It Could Surge by 26%.
- Cathie Wood and Warren Buffett have very different approaches to investing -- but each owns shares of Amazon. Amazon could be on the cusp of a new frontier of growth across its entire business thanks to advancements in artificial intelligence.
- 02/25/2024
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Marcelo Pizzimbono Joins Evercore ISI as Head of Sales
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Marcelo Pizzimbono has joined Evercore ISI as a senior managing director and head of sales. Mr. Pizzimbono has more than 30 years of experience in financial services. Most recently, he was managing partner at CrossRegional Management, where he helped build one of the leading alternative private credit/direct lending companies in Latin America. Prior to that, he was a managing director and head of U.S. institutional equity fran.
- 02/12/2024
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Evercore (EVR) Q4 Earnings & Revenues Beat Estimates, Cost Up
- A decline in net revenues affects Evercore (EVR) in the fourth quarter of 2023. Nonetheless, an improvement in AUM balance and solid liquidity are positives.
- 02/01/2024
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Evercore Inc. (EVR) Q4 2023 Earnings Call Transcript
- Evercore Inc. (EVR) Q4 2023 Earnings Call Transcript
- 01/31/2024
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Evercore (EVR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 01/31/2024
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Evercore (EVR) Beats Q4 Earnings and Revenue Estimates
- Evercore (EVR) came out with quarterly earnings of $2.02 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $3.50 per share a year ago.
- 01/31/2024
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Evercore Reports Fourth Quarter and Full Year 2023 Results; Quarterly Dividend of $0.76 Per Share
- NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): Fourth Quarter Results Full Year Results U.S. GAAP Adjusted U.S. GAAP Adjusted Q4 2023 Q4 2022 Q4 2023 Q4 2022 2023 2022 2023 2022 Net Revenues ($ mm) $ 784.2 $ 831.3 $ 790.3 $ 836.7 $ 2,425.9 $ 2,762.0 $ 2,449.3 $ 2,785.6 Operating Income ($ mm) $ 117.7 $ 210.1 $ 123.9 $ 218.0 $ 359.1 $ 696.0 $ 385.4 $ 722.7 Net Income Attributable to Evercore Inc. ($ mm) $ 82.7 .
- 01/31/2024
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Ahead of Evercore (EVR) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Evercore (EVR) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 01/29/2024
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3 Investment Banks to Watch Despite Industry-Wide Challenges
- Weak IB performance amid rising rates and other macroeconomic concerns will hamper the Zacks Investment Bank industry prospects. But a decent trading business will offer some support to industry players like Morgan Stanley (MS), Goldman (GS) and Evercore (EVR).
- 11/24/2023
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Strength in IB Business Aids Evercore (EVR), High Costs Ail
- Evercore's (EVR) top-line growth is supported by strength in its IB business. Also, decent liquidity supports steady capital distributions.
- 11/17/2023
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Evercore (EVR) Q3 Earnings Miss, Shares Fall on Lower Revenues
- The decline in the net revenues of the Investment Banking & Equities segment has affected the overall top line for Evercore (EVR) in the third quarter of 2023.
- 10/26/2023
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Evercore Inc. (EVR) Q3 2023 Earnings Call Transcript
- Evercore Inc. (NYSE:EVR ) Q3 2023 Earnings Conference Call October 25, 2023 8:00 AM ET Company Participants Katy Haber - Managing Director-Investor Relations and ESG John Weinberg - Chairman and Chief Executive Officer Tim LaLonde - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Brennan Hawken - UBS James Yaro - Goldman Sachs Steven Chubak - Wolfe Research Ryan Kenny - Morgan Stanley Jim Mitchell - Seaport Global Operator Good morning, and welcome to the Evercore's Third Quarter 2023 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Evercore management and the question-and-answer session.
- 10/25/2023
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Evercore (EVR) Misses Q3 Earnings Estimates
- Evercore (EVR) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $2.20 per share a year ago.
- 10/25/2023
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Evercore: Cautious Look After Movements On Rates And Recent IPOs
- Recent results reflect a tough environment for deals, with Evercore's revenues steadily decreasing due to rising rates. Concerns arise about whether deal flow will pick up as expected weigh on valuation, as longer-dated bonds yields increase, suggesting higher rates for longer. Three scenarios are considered for Evercore's future: best case, moderate case, and worst case, with fair prices ranging from $95 to $175 per share.
- 10/07/2023
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3 Investment Bank Stocks Watch as Industry Navigates Challenges
- Though near-erm concerns remain, the Zacks Investment Bank industry sees green shoots in underwriting and advisory businesses. This, along with decent trading, will aid companies like Morgan Stanley (MS), Goldman (GS) and Evercore (EVR) going forward.
- 09/06/2023
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Revenue Diversification to Aid Evercore (EVR) Amid Cost Woes
- Efforts to boost its client base and steady capital distributions are likely to support Evercore (EVR). However, rising expenses and muted Investment Management segment's revenues are concerns.
- 09/05/2023
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Evercore is Investing in Talent: Schlosstein
- Ralph Schlosstein, Evercore Senior Chairman & Founder, discusses the impact of interest rates on M&A. He speaks with David Westin on "Wall Street Week Daily.
- 07/28/2023
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Evercore's (EVR) Q2 Earnings Miss Estimates, Revenues Decline
- Although a decline in expenses and efforts to improve capital deployment activities are positives, decreasing net revenues affect overall earnings of Evercore (EVR) in the second quarter.
- 07/27/2023
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Evercore (EVR) Reports Q2 Earnings: What Key Metrics Have to Say
- The headline numbers for Evercore (EVR) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/26/2023
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Evercore (EVR) Q2 Earnings and Revenues Miss Estimates
- Evercore (EVR) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $2.46 per share a year ago.
- 07/26/2023
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3 Investment Bank Stocks on the Radar Despite Industry Woes
- A muted IB performance amid rising rates and other macroeconomic woes will keep hurting the Zacks Investment Bank industry. Yet, a decent trading business is likely to offer some support to industry players like Morgan Stanley (MS), Goldman (GS) & Evercore (EVR).
- 06/14/2023
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Evercore ISI's David Motemaden weighs in on home insurance pullback from California
- David Motemaden, Evercore ISI managing director, joins 'Power Lunch' to discuss the health of the insurance sector as natural disasters impact premiums.
- 05/30/2023
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3 Dividend Aristocrat Stocks to Buy That Can Beat the Market
- When most investors think of Dividend Aristocrat stocks, their minds immediately go to the S&P 500. It's the granddaddy of Dividend Aristocrat indexes.
- 05/21/2023
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7 Upcoming Dividend Increases, Including 1 Dividend King
- All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 10.8% and a median increase of 8.1%.
- 05/18/2023
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Evercore (EVR) Beats Q1 Earnings and Revenue Estimates
- Evercore (EVR) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $3.80 per share a year ago.
- 04/26/2023
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Evercore: Our Pick For The Best Advisory IB
- Evercore: Our Pick For The Best Advisory IB.
- 04/24/2023
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Are Investors Undervaluing Evercore (EVR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 03/30/2023
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New Strong Buy Stocks for February 7th
- DLAKY, UBS, SNY, EVR and TME have been added to the Zacks Rank #1 (Strong Buy) List on February 7, 2022.
- 02/07/2023
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Evercore (EVR) Up 1.5% on Q4 Earnings Beat as Expenses Fall
- Decline in expenses and efforts to improve the capital deployment activities were the positives. However, declining net revenues of the segments affected the overall earnings of Evercore (EVR) in the fourth quarter.
- 02/02/2023
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Evercore Inc. (EVR) Q4 2022 Earnings Call Transcript
- Evercore Inc. (NYSE:EVR ) Q4 2022 Earnings Conference Call February 1, 2022 8:00 AM ET Company Participants Katy Haber - Head of Investor Relations and ESG John Weinberg - Chairman and Chief Executive Officer Celeste Mellet - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Group AG James Yaro - Goldman Sachs Matthew Moon - KBW James Mitchell - Seaport Global Devin Ryan - JMP Securities Brendan O'Brien - Wolfe Research Manan Gosalia - Morgan Stanley Operator Good day and welcome to the Evercore Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Evercore management and the question-and-answer session.
- 02/01/2023
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Evercore (EVR) Beats Q4 Earnings and Revenue Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 32.08% and 21.64%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/01/2023
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Best Momentum Stocks to Buy for January 24th
- VIPS, VCYT and EVR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 24, 2023.
- 01/24/2023
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New Strong Buy Stocks for January 24th
- VIV, EVR, VIPS, VSTA and RELL have been added to the Zacks Rank #1 (Strong Buy) List on January 24, 2023.
- 01/24/2023
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Best Value Stocks to Buy for January 24th
- RELL, VSTA and EVR made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 24, 2023.
- 01/24/2023
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Best Income Stocks to Buy for January 24th
- VIV, EVR and CPB made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 24, 2023.
- 01/24/2023
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Evercore (EVR) Is Up 5.26% in One Week: What You Should Know
- Does Evercore (EVR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/23/2023
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Evercore to Announce Fourth Quarter and Full Year 2022 Financial Results and Host Conference Call on February 1, 2023
- NEW YORK--( BUSINESS WIRE )--Evercore (NYSE: EVR) will release its fourth quarter and full year 2022 financial results on Wednesday, February 1, 2023 at 6:45 a.m. Evercore will host a related conference call, accessible via telephone and webcast, beginning at 8:00 a.m. Eastern Time that same day.
- 01/18/2023
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Evercore Likely To Sustain Earnings Levered On Market Stability
- We think that one of the key ingredients of the next part of the cycle is going to be the resumption of private market activity. As with other shops in our coverage, M&A and advisory are still doing O.K., and Evercore is demonstrating strength in restructuring and activism defense.
- 01/16/2023
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Are Investors Undervaluing Evercore (EVR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/19/2022
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Here's Why You Should Hold on to Evercore (EVR) Stock Now
- Amid rising costs and a halt in deal-making activities, Evercore's (EVR) efforts to boost its client base in advisory solutions and expand geographically bode well.
- 11/22/2022
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Evercore Inc. (EVR) Q3 2022 Earnings Call Transcript
- Evercore Inc. (NYSE:EVR ) Q3 2022 Earnings Conference Call October 26, 2022 8:00 AM ET Company Participants Katy Haber - Head of Investor Relations and ESG John Weinberg - Chief Executive Officer Celeste Mellet - Chief Financial Officer Conference Call Participants Brendan O'Brien - Wolfe Research, LLC Richard Ramsden - Goldman Sachs Brennan Hawken - UBS Group AG Michael Brown - Keefe, Bruyette & Woods, Inc. Manan Gosalia - Morgan Stanley Devin Ryan - JMP Securities Operator Good day, and welcome to the Evercore Third Quarter 2022 Earnings Conference Call. Today's call is scheduled to last about 1 hour, including remarks by Evercore management, and the question-and-answer session.
- 10/26/2022
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Evercore (EVR) Beats Q3 Earnings and Revenue Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 62.96% and 24.82%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2022
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Evercore to Announce Third Quarter 2022 Financial Results and Host Conference Call on October 26, 2022
- NEW YORK--(BUSINESS WIRE)--Evercore to Announce Third Quarter 2022 Financial Results and Host Conference Call on October 26, 2022
- 10/12/2022
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3 Investment Banks to Watch Amid Industry-Wide Headwinds
- A tough operating backdrop weighs on the Zacks Investment Bank industry, which will hurt revenue growth. Yet, Morgan Stanley (MS).
- 09/29/2022
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Here are the worst bank stocks to buy in 2022
- Bank stocks have had a difficult time in 2022 despite a sudden change in tune by global central banks. The closely watched SPDR Bank ETF (KBE) has crashed by more than 20% this year in line with the performance of the S&P 500 index.
- 09/24/2022
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Is Evercore (EVR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/22/2022
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Evercore: Top Boutique Investment Bank At A Discount
- Leader in investment banking activities and will be main beneficiary of economic expansion and return to easing. Evercore has historically reported strong financial results during good times and the bad.
- 08/20/2022
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Evercore (EVR) Q2 Earnings Beat Estimates, Stock Rises 2.1%
- Rise in advisory fees and commission-related revenues supports Evercore's (EVR) Q2 earnings to some extent. However, the increase in expenses and fall in overall revenues hurt results.
- 07/28/2022
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Evercore, Inc. (EVR) CEO John Weinberg on Q2 2022 Results - Earnings Call Transcript
- Evercore, Inc. (NYSE:EVR ) Q2 2022 Earnings Conference Call July 27, 2022 8:00 AM ET Company Participants Katy Haber - Head of IR & ESG John Weinberg - Chairman & CEO Celeste Mellet - Senior Managing Director & CFO Conference Call Participants Richard Ramsden - Goldman Sachs Jeff Harte - Piper Sandler Brendan O'Brien - Wolfe Research Brennan Hawken - UBS Michael Brown - KBW James Mitchell - Seaport Research Partners Devin Ryan - JMP Securities Manan Gosalia - Morgan Stanley Operator Good morning, and thank you for standing by. Welcome to Evercore's Second Quarter 2022 Financial Results Conference Call.
- 07/27/2022
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Evercore (EVR) Q2 Earnings and Revenues Surpass Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 79.56% and 35.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2022
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Evercore to Announce Second Quarter 2022 Financial Results and Host Conference Call on July 27, 2022
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) will release its second quarter 2022 financial results on Wednesday, July 27, 2022 at 6:45 a.m. Evercore will host a related conference call, accessible via telephone and the internet, beginning at 8:00 a.m. Eastern Time that same day. Evercore's Chairman and Chief Executive Officer John S. Weinberg, and Chief Financial Officer, Celeste Mellet, will review the Firm's second quarter 2022 financial results. Following the review, there will be a ques
- 07/13/2022
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3 Investment Bank Stocks to Buy Despite Industry Challenges
- The tough operating environment weighs on the Zacks Investment Bank industry, which will hurt revenue growth. Yet, Raymond James (RJF), Evercore (EVR) and Cowen (COWN) are worth investing in for long-term gains.
- 06/10/2022
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Why Is Evercore (EVR) Up 1% Since Last Earnings Report?
- Evercore (EVR) reported earnings 30 days ago. What's next for the stock?
- 05/27/2022
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Evercore (EVR) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
- Impressive revenue growth and rise in AUM aid Evercore's (EVR) Q1 results. Escalating expenses ail.
- 04/28/2022
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Evercore, Inc. (EVR) CEO John Weinberg on Q1 2022 Results - Earnings Call Transcript
- Evercore, Inc. (NYSE:EVR ) Q1 2022 Earnings Conference Call April 27, 2022 8:00 AM ET Company Participants Katy Haber - Head of Investor Relations and ESG John Weinberg - Chairman and Chief Executive Officer Celeste Mellet - Senior Managing Director and Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Devin Ryan - JMP Securities James Yaro - Goldman Sachs Manan Gosalia - Morgan Stanley Brendan O'Brien - Wolfe Research Michael Brown - KBW Jeff Harte - Piper Sandler Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear.
- 04/27/2022
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Evercore (EVR) Beats Q1 Earnings and Revenue Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 22.58% and 7.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/27/2022
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Earnings Preview: Evercore (EVR) Q1 Earnings Expected to Decline
- Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/20/2022
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Can AT&T Spinoff Warner Brothers Discovery Stock Double From Current Levels?
- Can WBD stock double from current levels? That's the hope as Discovery is now trading and investors are looking for value.
- 04/19/2022
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Evercore, The World's Best Independent Investment Bank, Is Cheap
- Evercore, The World's Best Independent Investment Bank, Is Cheap
- 04/06/2022
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Evercore Is A Great Buy-The-Dip Opportunity
- EVR is a leading and rapidly growing independent investment bank.
- 04/04/2022
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Here's Why You Should Hold Evercore (EVR) in Your Portfolio
- While strength in Evercore's (EVR) investment banking business will drive revenues, elevated expenses in the near term will affect bottom-line growth.
- 03/09/2022
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Evercore (EVR) Down 3.7% Since Last Earnings Report: Can It Rebound?
- Evercore (EVR) reported earnings 30 days ago. What's next for the stock?
- 03/04/2022
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Evercore (EVR) Announces $1.4B Share Repurchase Program
- Evercore (EVR) announces a new share buyback program. This, along with regular dividend payments and balance-sheet strength, will continue to make capital deployment sustainable.
- 02/24/2022
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4 Top Investment Bank Stocks to Buy From the Prospering Industry
- Normalized trading and high technological costs pose concerns for the Zacks Investment Bank industry. Yet, industry players like Morgan Stanley (MS), Schwab (SCHW), Interactive Brokers (IBKR) & Evercore (EVR) will gain from robust investment banking performance.
- 02/07/2022
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Evercore (EVR) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
- Evercore's (EVR) record-high revenues and a rise in assets under management in the fourth quarter of 2021 aid results.
- 02/03/2022
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Evercore Inc. (EVR) Management on Q4 2021 Results - Earnings Call Transcript
- Evercore Inc. (EVR) Management on Q4 2021 Results - Earnings Call Transcript
- 02/02/2022
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Evercore (EVR) Q4 Earnings and Revenues Beat Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 59.24% and 27.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/02/2022
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Why the Earnings Surprise Streak Could Continue for Evercore (EVR)
- Evercore (EVR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/13/2022
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Is Evercore (EVR) Stock a Solid Choice Right Now?
- Evercore (EVR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 01/11/2022
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The Best Dividend Stocks For January 2022
- We start out with a short list of guidelines that make it easier to identify dividend stocks that are still worth investing in right now.
- 01/03/2022
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Organon & Co. (OGN) CEO Kevin Ali at 4th Annual Evercore ISI HealthCONx Conference (Transcript)
- Organon & Co. (OGN) CEO Kevin Ali at 4th Annual Evercore ISI HealthCONx Conference (Transcript)
- 12/01/2021
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CRISPR Therapeutics' (CRSP) CEO Samarth Kulkarni on 4th Annual Evercore ISI HealthCONx Conference
- CRISPR Therapeutics' (CRSP) CEO Samarth Kulkarni on 4th Annual Evercore ISI HealthCONx Conference
- 12/01/2021
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Danaher Corporation's (DHR) CEO Rainer Blair Presents at Evercore ISI Annual HealthCONx Conference (Transcript)
- Danaher Corporation's (DHR) CEO Rainer Blair Presents at Evercore ISI Annual HealthCONx Conference (Transcript)
- 12/01/2021
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Viatris Inc. (VTRS) CEO Michael Goettler Presents at 4th Annual Evercore ISI HealthCONx Virtual Brokers Conference (Transcript)
- Viatris Inc. (VTRS) CEO Michael Goettler Presents at 4th Annual Evercore ISI HealthCONx Virtual Brokers Conference (Transcript)
- 12/01/2021
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Evercore (EVR) Upgraded to Strong Buy: Here's What You Should Know
- Evercore (EVR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 11/30/2021
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Walgreens Boots Alliance, Inc (WBA) CEO Rosalind Brewer at 4th Annual Evercore ISI HealthCONx Virtual Conference (Transcript)
- Walgreens Boots Alliance, Inc (WBA) CEO Rosalind Brewer at 4th Annual Evercore ISI HealthCONx Virtual Conference (Transcript)
- 11/29/2021
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Evercore: Exceptional Dividend Sustainability With 1.83% Dividend Yield
- Great Q3 results were posted and the company sold its total Institutional Asset Management unit. The current CEO is stepping down from 22nd February 2022.
- 11/26/2021
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Has Evercore (EVR) Outpaced Other Finance Stocks This Year?
- Here is how Evercore (EVR) and Extra Space Storage (EXR) have performed compared to their sector so far this year.
- 11/25/2021
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Tracking Warren Buffett's Future Dividend Picks: 21 From AAII's Hagstrom Screen
- The American Association of Individual Investors (AAII) publishes monthly tips for members on-line. Their November Journal featured these thirty Buffett-worthy candidates by one of Buffett's closest followers, Robert Hagstrom.
- 11/21/2021
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Here is Why Growth Investors Should Buy Evercore (EVR) Now
- Evercore (EVR) could produce exceptional returns because of its solid growth attributes.
- 11/18/2021
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Evercore (EVR) Q3 Earnings Beat Mark, Stock Declines 6.6%
- Evercore's (EVR) Q3 earnings reflect solid revenues and an improved AUM.
- 10/28/2021
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Evercore Inc. (EVR) Management on Q3 2021 Results - Earnings Call Transcript
- Evercore Inc. (EVR) Management on Q3 2021 Results - Earnings Call Transcript
- 10/27/2021
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Best Momentum Stocks to Buy for October 27th
- BSM, AYI, EVR, and OLN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 27, 2021.
- 10/27/2021
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Evercore (EVR) Q3 Earnings and Revenues Beat Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 19.28% and 22.20%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2021
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3 Reasons Why Evercore (EVR) Is a Great Growth Stock
- Evercore (EVR) possesses solid growth attributes, which could help it handily outperform the market.
- 10/25/2021
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5 Top Relative Price Strength Stocks to Buy Hand Over Fist
- Evercore (EVR), Signet Jewelers (SIG), Ryder System (R), Oiln (OLN) and APA Corporation (APA) are five stocks with explosive relative price strength.
- 10/22/2021
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4 Top-Ranked Stocks to Invest in for Solid Earnings Growth
- Regeneron Pharmaceuticals (REGN), Evercore (EVR), Houlihan Lokey (HLI) & DICK'S Sporting Goods (DKS) currently have striking earnings growth and positive estimate revisions, which make them must-buys.
- 10/18/2021
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New Strong Buy Stocks for October 13th
- DQ, EVR, JBL, STLA, and LZB have been added to the Zacks Rank #1 (Strong Buy) List on October 13, 2021.
- 10/13/2021
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Evercore to Announce Third Quarter 2021 Financial Results and Host Conference Call on October 27, 2021
- NEW YORK--(BUSINESS WIRE)--Evercore to Announce Third Quarter 2021 Financial Results and Host Conference Call on October 27, 2021
- 10/13/2021
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Looking for a Growth Stock? 3 Reasons Why Evercore (EVR) is a Solid Choice
- Evercore (EVR) possesses solid growth attributes, which could help it handily outperform the market.
- 10/08/2021
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5 Dividend Growth Stocks To Buy Now
- These five stocks that have at a minimum doubled their dividends over the past five years.
- 09/12/2021
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Is Evercore (EVR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/11/2021
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This Top Finance Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.
- 08/27/2021
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Looking for a Growth Stock? 3 Reasons Why Evercore (EVR) is a Solid Choice
- Evercore (EVR) could produce exceptional returns because of its solid growth attributes.
- 08/25/2021
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3 Reasons Growth Investors Will Love Evercore (EVR)
- Evercore (EVR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 08/09/2021
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4 Investment Banks Benefiting from Record M&A Activity
- These financial powerhouses are taking full advantage of the surging desire among companies to combine and scale up.
- 08/05/2021
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Evercore (EVR) Upgraded to Strong Buy: Here's Why
- Evercore (EVR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 08/04/2021
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Evercore Inc.'s (EVR) Management on Q2 2021 Results - Earnings Call Transcript
- Evercore Inc.'s (EVR) Management on Q2 2021 Results - Earnings Call Transcript
- 07/28/2021
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Evercore (EVR) Tops Q2 Earnings and Revenue Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 12.41% and 8.59%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2021
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Evercore Reports Record Second Quarter 2021 Results; Quarterly Dividend of $0.68 Per Share
- NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR): Second Quarter 2021 Results 2021 Year to Date Results U.S. GAAP Adjusted U.S. GAAP Adjusted vs. Q2 2020 vs. Q2 2020 vs. YTD 2020 vs. YTD 2020 Net Revenues ($ millions) $ 687.9 36% $ 691.2 34% $ 1,350.2 45% $ 1,361.1 43% Operating Income ($ millions) $ 207.0 139% $ 210.3 105% $ 401.2 195% $ 412.1 122% Net Income Attributable to Evercore Inc. ($ millions) $ 140.4 149% $ 154.0 115%
- 07/28/2021
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Evercore ISI's Hyman Sees 3% Inflation in 2023, 2024
- Jul.23 -- Evercore ISI Chairman Ed Hyman says inflation won't get out of hand but will “be higher than it has been in the past” as he sees wages and pricing power going up. He speaks on “Bloomberg Surveillance.
- 07/23/2021
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Evercore to Announce Second Quarter 2021 Financial Results and Host Conference Call on July 28, 2021
- NEW YORK--(BUSINESS WIRE)--Evercore to Announce Second Quarter 2021 Financial Results and Host Conference Call on July 28, 2021
- 07/14/2021
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Evercore (EVR) is a Top Dividend Stock Right Now: Should You Buy?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Evercore (EVR) have what it takes?
- 07/09/2021
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Evercore (EVR) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Evercore (EVR) closed at $140.44, marking a -0.81% move from the previous day.
- 07/07/2021
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7 A-Rated Growth Stocks to Buy That Are Ready for More
- This market has plenty of upside left but now is a good to look for opportunities in growth stocks that aren't typical headline grabbers. The post 7 A-Rated Growth Stocks to Buy That Are Ready for More appeared first on InvestorPlace.
- 07/02/2021
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George Karalis Joins Evercore as Managing Director in its Debt Advisory Group
- NEW YORK--(BUSINESS WIRE)--George Karalis Joins Evercore as Managing Director in its Debt Advisory Group
- 07/02/2021
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Evercore (EVR) Outpaces Stock Market Gains: What You Should Know
- Evercore (EVR) closed at $142.04 in the latest trading session, marking a +0.9% move from the prior day.
- 07/01/2021
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Evercore (EVR) Gains But Lags Market: What You Should Know
- Evercore (EVR) closed at $131.04 in the latest trading session, marking a +0.03% move from the prior day.
- 06/22/2021
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Is Evercore (EVR) Outperforming Other Finance Stocks This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 06/18/2021
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Why Evercore (EVR) is a Top Dividend Stock for Your Portfolio
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Evercore (EVR) have what it takes?
- 06/17/2021
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Evercore (EVR) Gains As Market Dips: What You Should Know
- Evercore (EVR) closed the most recent trading day at $137.73, moving +0.93% from the previous trading session.
- 06/15/2021
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Fisker Inc. (FSR) CEO Henrik Fisker presents at Evercore ISI TMT Conference - Transcript
- Fisker Inc. (FSR) CEO Henrik Fisker presents at Evercore ISI TMT Conference - Transcript
- 06/09/2021
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Evercore (EVR) Dips More Than Broader Markets: What You Should Know
- Evercore (EVR) closed the most recent trading day at $140.25, moving -1.12% from the previous trading session.
- 06/09/2021
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Western Digital Corporation (WDC) CEO David Goeckeler Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- Western Digital Corporation (WDC) CEO David Goeckeler Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- 06/09/2021
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fuboTV Inc. (FUBO) CEO David Gandler Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- fuboTV Inc. (FUBO) CEO David Gandler Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- 06/09/2021
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ViacomCBS Inc. (VIAC) CEO Bob Bakish Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- ViacomCBS Inc. (VIAC) CEO Bob Bakish Presents at Evercore ISI Inaugural TMT Conference (Transcript)
- 06/07/2021
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Evercore (EVR) Dips More Than Broader Markets: What You Should Know
- Evercore (EVR) closed the most recent trading day at $142, moving -0.65% from the previous trading session.
- 06/03/2021
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Has Evercore (EVR) Outpaced Other Finance Stocks This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 06/02/2021
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5 Stocks to Outshine the Booming Investment Bank Industry
- 5 Stocks to Outshine the Booming Investment Bank Industry
- 05/24/2021
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Here's How Much a $1000 Investment in Evercore Made 10 Years Ago Would Be Worth Today
- Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
- 05/21/2021
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Evercore Inc. Is About To Drop: Sale Incoming
- EVR continues to demonstrate resiliency in the face of economic hardship.
- 05/17/2021
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Has Evercore (EVR) Outpaced Other Finance Stocks This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 05/14/2021
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Here is Why Growth Investors Should Buy Evercore (EVR) Now
- Evercore (EVR) could produce exceptional returns because of its solid growth attributes.
- 05/07/2021
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Is Evercore (EVR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/30/2021
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Evercore (EVR) Q1 Earnings Top Estimates on Fee Income Growth
- Higher underwriting fees and assets under management boost Evercore's (EVR) Q1 earnings, partly muted by escalating costs.
- 04/29/2021
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Evercore Inc.'s (EVR) Management on Q1 2021 Results - Earnings Call Transcript
- Evercore Inc.'s (EVR) Management on Q1 2021 Results - Earnings Call Transcript
- 04/28/2021
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Evercore (EVR) Beats Q1 Earnings and Revenue Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 25.10% and 23.19%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2021
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Solid Investment Banking to Aid Evercore (EVR) Q1 Earnings
- Solid investment banking fees might have boosted Evercore (EVR) Q1 earnings.
- 04/26/2021
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Is Evercore (EVR) Stock Outpacing Its Finance Peers This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 04/19/2021
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Evercore ISI's Mark Mahaney says online retail will continue to see growth
- Mark Mahaney, Evercore ISI, joins 'Closing Bell' to talk about the online retail outlook as the economy continues to reopen.
- 04/16/2021
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Why Evercore (EVR) Stock Might be a Great Pick
- Evercore (EVR) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
- 04/16/2021
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Evercore (EVR) Stock Sinks As Market Gains: What You Should Know
- Evercore (EVR) closed the most recent trading day at $132.22, moving -1.9% from the previous trading session.
- 04/13/2021
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3 Zacks Rank #1s with High VGM Scores
- 3 Zacks Rank #1s with High VGM Scores
- 04/08/2021
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Juan Pedro Pérez Cózar Joins Evercore as Senior Managing Director and Head of Evercore Iberia
- MADRID--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Juan Pedro Pérez Cózar has joined the firm as a Senior Managing Director and Head of its advisory business in Iberia. Based in Madrid, he will focus on advising clients across a broad range of sectors on M&A and capital advisory transactions in Spain and Portugal. Mr. Pérez Cózar has 23 years of industry experience and joins Evercore from Rothschild, where he was a Managing Director in its advisory business focused on Spanis
- 04/08/2021
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Has Evercore (EVR) Outpaced Other Finance Stocks This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 04/02/2021
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3 Low Price-Sales Ratio Stocks
- Value investors could be interested in the stocks listed below, as they have low price-sales ratios, good profitability and a stable financial situation.
- 04/01/2021
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Here's How Much You'd Have If You Invested $1000 in Evercore a Decade Ago
- Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
- 03/26/2021
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Evercore (EVR) Hits 52-Week High, Can the Run Continue?
- Evercore (EVR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/19/2021
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Here's How Much You'd Have If You Invested $1000 in Evercore a Decade Ago
- Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
- 03/19/2021
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Why Is Evercore (EVR) Up 4.4% Since Last Earnings Report?
- Evercore (EVR) reported earnings 30 days ago. What's next for the stock?
- 03/05/2021
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Evercore Wealth Management Promotes Three to Partner, Two to Managing Director
- NEW YORK--(BUSINESS WIRE)--Evercore Wealth Management today announced the promotion of three to Partner and two to Managing Director. “I'd like to congratulate our colleagues on their well-deserved promotions,” said Chris Zander, CEO of Evercore Wealth Management and Evercore Trust Company, N.A. “Our three new Partners and two new Managing Directors have demonstrated their commitment to the values of our firm, through the excellence of their work, their integrity and their constant client focus
- 03/03/2021
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Earnings Estimates Moving Higher for Evercore (EVR): Time to Buy?
- Evercore (EVR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/25/2021
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5 Stocks Set to Pop on Remarkable Relative Price Strength
- Knowles (KN), Triton International (TRTN), Evercore (EVR), PDC Energy (PDCE) and LyondellBasell (LYB) are five stocks with explosive relative price strength.
- 02/22/2021
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Evercore: Reaching Its All-Time Fitness Goals
- The volatility of Evercore Inc's share price increased 77.61% with an average of 200-day trading history. Evercore Inc. (EVR) stock grabs the attention of analysts from the latest disclosure of a 40% increase in Advisory Service Fees for the fourth quarter report.
- 02/21/2021
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4 Promising Liquid Stocks to Boost Your Portfolio in 2021
- Here are four top-ranked liquid gems -- LOGI, TSE, EVR, and WGO -- that investors can bank on for alluring returns in 2021.
- 02/12/2021
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Is Evercore (EVR) Outperforming Other Finance Stocks This Year?
- Is (EVR) Outperforming Other Finance Stocks This Year?
- 02/10/2021
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Evercore (EVR) Stock Gains 4% as Q4 Earnings Beat Estimates
- Higher underwriting fees and assets under management boost Evercore's (EVR) Q4 earnings, partly muted by escalating costs.
- 02/04/2021
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Evercore Inc. (EVR) Management on Q4 2020 Results - Earnings Call Transcript
- Evercore Inc. (EVR) Management on Q4 2020 Results - Earnings Call Transcript
- 02/03/2021
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Evercore (EVR) Q4 Earnings and Revenues Beat Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 147.60% and 59.52%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/03/2021
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Evercore: Q4 Earnings Insights
- Shares of Evercore (NYSE:EVR) moved higher by 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 108.46% year over year to $5.67, which may not compare to the estimate of $2.12.
- 02/03/2021
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Evercore Reports Full Year 2020 Results; Record Fourth Quarter and Full Year Revenues; Quarterly Dividend of $0.61 Per Share
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE:EVR): Fourth Quarter 2020 Results 2020 Full Year Results U.S. GAAP Adjusted U.S. GAAP Adjusted vs. Q4 2019 vs. Q4 2019 vs. 2019 vs. 2019 Net Revenues ($ millions) $ 927.3 40% $ 969.9 45% $ 2,263.9 13% $ 2,327.3 14% Operating Income ($ millions) $ 326.7 108% $ 376.4 110% $ 526.4 20% $ 639.3 28% Net Income Attributable to Evercore Inc. ($ millions) $ 220.4 110% $ 277.4 113% $ 350.6 18% $
- 02/03/2021
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Evercore (EVR) is a Great Momentum Stock: Should You Buy?
- Does Evercore (EVR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 01/21/2021
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5 Top Stocks From the Prospering Investment Bank Industry
- 5 Top Stocks From the Prospering Investment Bank Industry
- 01/18/2021
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Top Ranked Momentum Stocks to Buy for January 4th
- Top Ranked Momentum Stocks to Buy for January 4th
- 01/04/2021
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Here's Why Momentum Investors Will Love Evercore (EVR)
- Does Evercore (EVR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/31/2020
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Evercore: The Biggest Beneficiary Of Improving Deals Activity
- Independent investment banks' multiples have recovered from negative COVID impact early on. This is primarily driven by expected improvement in deals activity in the coming 2021.
- 12/28/2020
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Earnings Estimates Moving Higher for Evercore (EVR): Time to Buy?
- Evercore (EVR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 12/21/2020
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Top Ranked Momentum Stocks to Buy for December 21st
- Top Ranked Momentum Stocks to Buy for December 21st
- 12/21/2020
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4 Reasons That Make Evercore (EVR) Stock a Solid Investment Bet
- Solid prospects and robust fundamentals are likely to continue driving Evercore's (EVR) profitability in the days to come.
- 12/18/2020
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Top Ranked Momentum Stocks to Buy for December 17th
- Top Ranked Momentum Stocks to Buy for December 17th
- 12/17/2020
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Evercore (EVR) Is Up 6.42% in One Week: What You Should Know
- Does Evercore (EVR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/15/2020
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Arena Pharmaceuticals, Inc. (ARNA) CEO Amit Munshi Presents at 3rd Annual Evercore ISI HealthCONx Conference (Transcript)
- Arena Pharmaceuticals, Inc. (ARNA) CEO Amit Munshi Presents at 3rd Annual Evercore ISI HealthCONx Conference (Transcript)
- 12/01/2020
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Exelixis, Inc. (EXEL) CEO Mike Morrissey Presents at Evercore ISI 3rd Annual HealthCONx (Transcript)
- Exelixis, Inc. (EXEL) CEO Mike Morrissey Presents at Evercore ISI 3rd Annual HealthCONx (Transcript)
- 12/01/2020
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Danaher Corporation (DHR) CEO Rainer Blair Presents at Evercore ISI 3rd Annual HealthCONx Brokers Conference (Transcript)
- Danaher Corporation (DHR) CEO Rainer Blair Presents at Evercore ISI 3rd Annual HealthCONx Brokers Conference (Transcript)
- 12/01/2020
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Evercore (EVR) Is Up 1.76% in One Week: What You Should Know
- Does Evercore (EVR) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/27/2020
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Buy This Stock Before It Becomes a Dividend Aristocrat
- This company has had 11 straight years of dividend increases -- and its stock price is up 17% year-to-date.
- 11/25/2020
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13 Upcoming Dividend Increases
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. An average increase of 9.38% and a median increase of 6.48%.
- 11/19/2020
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Evercore Hikes Dividend After Profit Beat; Shares Rise 6%
- Shares of Evercore Partners gained about 6% on Wednesday after the investment banking company’s 3Q EPS of $1.11 outpaced analysts’ estimates of $0.38. The
- 10/22/2020
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BELLUS Santé réalise la clôture d’un placement public d’actions ordinaires de 40 millions de dollars américains au Canada et aux États-Unis, y compris l’exercice intégral de l’option d’achat d’actions supplémentaires des preneurs fermes
- BELLUS Santé inc. (NASDAQ : BLU) (TSX : BLU) (la « Société» ou « BELLUS Santé »), société biopharmaceutique au stade clinique qui développe de nouveau
- 10/22/2020
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Why Treasury Yields Are Rising Before the Election — And What It Could Mean for the Market
- Bonds have been selling off, and the 10-year yield is at their highest level since June. What’s driving the market.
- 10/21/2020
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The Google Antitrust Lawsuit Is Bad News—for Apple. Here’s Why.
- Apple could face fallout from the pending Justice Department antitrust case against Alphabet and its dominance of the internet search market.
- 10/21/2020
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Netflix profit story improves, but stock can’t shake subscriber slowdown
- For better or for worse, the Netflix story remains about subscriber growth—at least for now.
- 10/21/2020
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Evercore Reports Third Quarter 2020 Results; Increases Quarterly Dividend to $0.61 Per Share
- Evercore Inc. (NYSE: EVR) today announced its results for the third quarter ended September 30, 2020. Third Quarter 2020 Results 2020 Year to Date
- 10/21/2020
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Wall Street backs Intel's $9 billion sale of NAND unit to Hynix
- Wall Street backs Intel's $9 billion sale of NAND unit to Hynix
- 10/20/2020
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BELLUS Health Announces the Launch of a Public Offering of Common Shares in Canada and the United States
- BELLUS Health Inc. (“BELLUS Health” or the “Company”) (TSX and Nasdaq: BLU), announced today the filing of a preliminary prospectus supplement (the “S
- 10/19/2020
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IBM earnings: Chief executive’s first big move will be more scrutinized than the numbers
- International Business Machines Corp.'s recently announced plan to spin off its datacenter outsourcing business and anything it can add to that will likely...
- 10/16/2020
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Schlumberger Limited (SLB) Q3 2020 Earnings Call Transcript | AlphaStreet
- Schlumberger Limited ( NYSE: SLB) Q3 2020 call dated Oct. 16, 2020
- 10/16/2020
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PNC Financial Services Group Inc. (PNC) Q3 2020 Earnings Call Transcript | AlphaStreet
- PNC Financial Services Group Inc. (NYSE: PNC) Q3 2020 earnings call dated Oct. 14, 2020
- 10/14/2020
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US Bancorp (USB) Q3 2020 Earnings Call Transcript | AlphaStreet
- US Bancorp (NYSE: USB) Q3 2020 earnings call dated Oct. 14, 2020
- 10/14/2020
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US Bancorp (USB) Q3 2020 Earnings Call Transcript | The Motley Fool
- USB earnings call for the period ending September 30, 2020.
- 10/14/2020
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Apple’s U.S. iPhone Sales Could Get a Big Boost From Phone Companies’ Promotions
- Wall Street analysts weren’t surprised by what Apple rolled out at its launch event on Tuesday, but they are a bit more bullish about the stock.
- 10/14/2020
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Wall Street earnings are staging a sharp recovery, but Main Street lags behind
- Wall Street is getting bulled up on earnings, and that is highlighting the divide it has with Main Street.
- 10/14/2020
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Employment's Recovery Road Comes To An End
- While jobs showed a little improvement in September, a little digging through the numbers reveals the return to full employment has started a turn toward the worse.
- 10/14/2020
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Hydrogen Stocks Are Hyped. Earnings Will Have to Keep Up.
- The idea that hydrogen can be a viable alternative fuel replacement for oil and gas has enjoyed a renaissance in 2020.
- 10/13/2020
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JPMorgan Chase & Co. (JPM) Q3 2020 Earnings Call Transcript | AlphaStreet
- JPMorgan Chase & Co. (NYSE: JPM) Q3 2020 earnings call dated Oct. 13, 2020 Corporate Participants: Jennifer A. Piepszak -- Chief Financial Officer Matt
- 10/13/2020
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New Fortress Energy's stock shoots toward a record after announcing new hydrogen project
- Shares of New Fortress Energy LLC undefined shot up 6.5% toward a record high, after the clean energy company announced it was partnering with General...
- 10/13/2020
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Baker Hughes: Unique Technology Drivers, Significant Upside (NYSE:BKR)
- Baker Hughes is poised to capture business through unique technology drivers. Growth opportunities abound in carbon capture and LNG cryo trains in the next few years.
- 10/13/2020
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Partners at Evercore Mexico to Form TACTIV and Enter a Strategic Alliance with Evercore | | IT Business Net
- MEXICO CITY--(BUSINESS WIRE)--Evercore Partners Mexico (EPM) announced today that Augusto Arellano, Chief Executive Officer of EPM, and Arturo Ramirez, Senior Managing Director at EPM, are departing E
- 10/13/2020
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Idera, Inc. Acquires Qubole, Adding Award-Winning Data Lake Platform to Growing Database Tools Portfolio
- Qubole will join Idera, Inc.’s Database Tools business unit that includes AquaFold, IDERA, Webyog, and WhereScape.
- 10/13/2020
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Akamai To Outperform Given Market Leadership, Strong Demand, And Consistent Profitability (NASDAQ:AKAM)
- Akamai Technologies is one of the leaders in Internet infrastructure and cloud security. A low beta of 0.43 and relatively healthy profitability margins make it a stable long-term tech player.
- 10/08/2020
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fuboTV Announces Upsize and Pricing of Public Offering
- fuboTV Inc., the leading sports-first live TV streaming platform, today announced the upsize and pricing of an underwritten public offering. The size of the...
- 10/08/2020
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fuboTV Announces Upsize and Pricing of Public Offering
- fuboTV Inc., the leading sports-first live TV streaming platform, today announced the upsize and pricing of an underwritten public offering. The size
- 10/08/2020
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Toddler Portfolio Q2 2020 Results
- Infant Portfolio update. Q2 2020 results are in.
- 10/07/2020
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Momentus to Become Public Through Merger With Stable Road Acquisition Corp.
- Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space transportation and infrastructure services, today announced it has...
- 10/07/2020
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Momentus to Become Public Through Merger With Stable Road Acquisition Corp.
- Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space transportation and infrastructure services, today announced it has...
- 10/07/2020
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Momentus to Become Public Through Merger With Stable Road Acquisition Corp.
- Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space transportation and infrastructure services, today announced
- 10/07/2020
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Consider Evercore For 3.4% Yield Undergirded By Resilient FCF (NYSE:EVR)
- Thanks to the remarkably favorable macro environment, Evercore’s 10-year revenue CAGR stands at over 19%, even despite the soft first half of 2020.
- 10/06/2020
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Prospects for New Round of Stimulus and an Economic Rebound Are Boosting Stocks
- Analysts and strategists agree that no matter who wins in November, the economic reopening will continue and will accelerate despite new spikes in Covid-19 cases in much of the country.
- 10/05/2020
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Academy Sports + Outdoors Announces Pricing of its Initial Public Offering
- KATY, Texas, Oct. 1, 2020 /PRNewswire via COMTEX/ --
KATY, Texas, Oct. 1, 2020 /PRNewswire/ -- Academy Sports and Outdoors, Inc. ("Academy") today announced...
- 10/01/2020
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Athene, MassMutual Made Over $3 Billion Takeover Offer to American Equity
- A pair of insurance companies made a bid for American Equity Investment Life Holding last month, in a bet that the small Iowa insurer’s retirement-income products will continue to be popular with conservative savers.
- 10/01/2020
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Superior Energy Reaches Agreement With Holders of 69.2% of Senior Notes on Terms of Comprehensive Financial Recapitalization to Convert All of the Company’s $1.3 Billion of Funded Indebtedness Into Equity
- Superior Energy Services (OTCQX: SPNX) (“Superior” or the “Company”) announced today that it has entered into a restructuring support agreement (the “
- 09/30/2020
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Granite Point Mortgage Trust Inc. Secures $300 Million Strategic Financing
- Granite Point Mortgage Trust Inc. Secures $300 Million Strategic Financing
- 09/28/2020
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Celanese Corporation Advantaged By U.S. Gas Surplus (NYSE:CE)
- Celanese Corporation, over a century old, uses abundant US Gulf Coast natural gas to make one of its foundational chemicals, methanol.
- 09/27/2020
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Why Rival Bike Peddlers Could Help Boost Peloton’s Stock
- The Echelon-Amazon episode highlights what Peloton has going for it: execution, brand awareness, and premium technology leadership—and why investors have been willing to award it a nosebleed multiple.
- 09/26/2020
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Lennar: Making All The Right Moves (NYSE:LEN)
- Housing has a trifecta of macroeconomic tailwinds: supply deficit, demographic demand growth and low interest rates.
- 09/24/2020
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There Are 30 Minutes Left in the Trading Day — and the Stock Market Is Getting Crushed
- With fears about the election, the lack of fiscal stimulus and a resurgent coronavirus dominating the conversation, stocks have nowhere to go but down.
- 09/23/2020
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Amazon Chases Peloton With Prime Bike. Peloton Is Still Ahead of the Pack, One Analyst Says.
- Peloton’s lead over Echelon in exercise bikes has held steady amid the coronavirus pandemic, an Evercore ISI analyst says.
- 09/22/2020
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General Mills: Another Solid Quarter Coming Up (NYSE:GIS)
- General Mills is about to report fiscal first quarter earnings, and I expect some of the same revenue tailwinds to remain in place.
- 09/22/2020
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Apple Will Win the Music Wars With New Service Bundles, Analyst Says
- Evercore ISI analyst Amit Daryanani repeated his Outperform rating on Apple shares, lifting his target for the stock price. Citi analyst Jim Suva wrote a...
- 09/21/2020
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Sober investors hope to get a buzz from Tesla’s 'battery day'
- Rumours of a leap forward in technology to be announced this week have energised an already bullish market
- 09/20/2020
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Goldman holds top rank in activism defense, Spotlight climbs: data
- Goldman holds top rank in activism defense, Spotlight climbs: data
- 09/17/2020
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Apple Stock Slips After Launch Event. Investors Are Awaiting New 5G iPhones.
- There was no “one more thing” and no end-of-event tunes. Investors have emitted a collective yawn. But there were some developments to watch.
- 09/16/2020
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Executive Network Partnering Corporation Announces Pricing of Upsized $360 Million Initial Public Offering
- Executive Network Partnering Corporation (the “Company”), a company formed for the purpose of entering into a merger, share exchange, asset acquisitio
- 09/16/2020
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How Costco makes billions by charging people to shop there
- Costco pretty much pioneered the club membership retail model on a large scale. The company did it by charging low prices and staying tightly focused on keeping its members happy — so they keep renewing their memberships. In an era where retailers have struggled, Costco remains one chain investors believe is remarkably resilient.
- 09/15/2020
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Here’s What Wall Street Is Saying About DraftKings Stock After the Deal With ESPN
- Benchmark analyst Mike Hickey raised his price target and said the deal elevates the DraftKings brand and will help further legitimize sports betting.
- 09/15/2020
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HLTH and Evercore ISI Partner for 2nd Year to Host Innovative Therapeutic Leaders
- HLTH, the leading platform bringing together the health ecosystem, and Evercore (NYSE: EVR) announced today they will collaborate for the second conse
- 09/15/2020
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Nvidia’s deal for Arm could mean a real challenge to Intel and AMD, but is likely to face opposition
- Nvidia Corp.’s bold $40 billion deal to buy chip designer Arm Holdings could create a major new threat to both Intel Corp. and Advanced Micro Devices Inc. in...
- 09/14/2020
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DraftKings Stock Hits a Record on the Back of a Deal With ESPN
- Links to the company’s sportsbook and its daily fantasy-sports offerings will be integrated on ESPN’s website.
- 09/14/2020
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Nvidia deal for Arm could be ‘transformational,’ but many roadblocks lie ahead
- Analysts worry about deal approval and pushback from current Arm licensees.
- 09/14/2020
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Red Ventures to buy CNET from ViacomCBS for $500 million
- Red Ventures to buy CNET from ViacomCBS for $500 million
- 09/14/2020
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The Dow Jones Industrial Average Tumbled Because the Market Just Realized a Covid Relief Bill Isn’t Coming
- In a down tape, things that didn’t matter finally do.
- 09/10/2020
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AstraZeneca’s Vaccine-Trial Pause Won’t Slow Its Rivals
- Wednesday’s trading hints that investors are shaking off the fright.
- 09/09/2020
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Why an approved coronavirus vaccine may not end the pandemic quickly
- A vaccine with just 60% effectiveness probably won't alter the on-the-ground situation very much.
- 09/09/2020
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Tech Stocks Slide After a Summer-Long Rally. Is It the Dot-Com Bubble All Over Again?
- Last week’s two-day downturn erased $1.7 trillion in market value. Those losses are steepening Tuesday with options players, both big and small, playing tech’s long run.
- 09/08/2020
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Dividend Champion And Contender Highlights: Week Of September 6
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 09/05/2020
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Stocks To Watch: Tech Reboots And Eyes On Lululemon, Peloton & GameStop
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 09/05/2020
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‘What’s concerning is that the pace of jobs growth is slowing down’ — economists react to August jobs report
- Here are some initial reactions from analysts and economists following the Friday release of August employment data.
- 09/04/2020
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Back To School: 8 Hot All Weather Dividend Buys, And 3 We Might Sell
- The stock market is heating up faster than we had imagined. Some of our positions are approaching Sell territory.
- 09/01/2020
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Losing the extra $600 unemployment benefit may not have stopped Americans from spending money, J.P. Morgan credit card data shows
- ‘We see little sign that the benefit expiration has marked a major turning point for the overall economy,’ one J.P. Morgan economist said.
- 08/28/2020
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Dell and HP’s PC Sales Are Soaring. Here’s What Is Really Driving Their Stocks Higher.
- HP Inc. and Dell Technologies reported better-than-expected July quarter results, thanks in part to strong PC demand.
- 08/28/2020
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Investors Are Betting Big on a Covid-19 Vaccine. Is That Safe?
- Investors have piled into the stocks of companies working on a Covid-19 vaccine. Here’s how it could play out as these products get ready for prime time.
- 08/28/2020
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Abbott Stock Jumps Because a New Rapid Covid-19 Test Could Bring Huge Sales
- The FDA issued a new emergency-use authorization for a quick, inexpensive Covid-19 test developed by Abbott Laboratories.
- 08/27/2020
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Central bankers to fish for compliments at virtual Jackson Hole summit
- Covid-19 puts paid to prime US angling venue but markets will monitor Andrew Bailey and co
- 08/26/2020
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Paul Ryan-chaired Executive Network Partnering sets IPO terms with plan to raise about $300 million
- Blank-check company Executive Network Partnering Corp. set terms for its initial public offering on Monday, with plans to raise about $300 million. The...
- 08/24/2020
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Dividend Champion And Contender Highlights: Week Of August 23
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/22/2020
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Nvidia could become the Apple of the data center, analyst contends
- Nvidia Corp. could come to dominate the data center the way Apple Inc. did smartphones, according to one analyst amid several glowing reports from Wall...
- 08/22/2020
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Investment Firm EQT Agrees to Purchase EdgeConneX for $2.5 to $3 Billion
- The Swedish firm EQT has agreed to buy U.S. data center company EdgeConneX for $2.5 to $3 billion, Barron’s has learned.
- 08/19/2020
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Waiting for that extra $300 weekly unemployment benefit? For thousands, it may never come
- The federal government has approved 11 states to offer a $300 weekly boost in unemployment benefits. But thousands of workers in those states won't be eligible for the assistance.
- 08/19/2020
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Wall Street executives are glad Joe Biden picked Kamala Harris to be his VP running mate
- Finance executives, confident the ticket has what it takes to topple President Donald Trump, raved about Harris' experience in government, as well as her fundraising prowess.
- 08/11/2020
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At least 1 million people may not get Trump's $400 unemployment boost
- President Trump's executive order to give an extra $400 a week to unemployed Americans comes with restrictions that may omit at least 1 million workers from getting the aid.
- 08/11/2020
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Gamida Cell Ltd. (GMDA) CEO Julian Adams on Q2 2020 Results - Earnings Call Transcript
- Gamida Cell Ltd (NASDAQ:GMDA) Q2 2020 Earnings Conference Call Aug 11, 2020 8:30 AM ET Company Participants Jaren Madden - Vice President, Investor Relations and Corporate Communications Julian Adams - Chief Executive Officer Ronit Simantov - Chief Medical Officer Shai Lankry - Chief Financial Officer Tracey Lodie - Chief Scientific Officer Conference Call Participants Ted Tenthoff - Piper Jaffray Jonathan Mueller - Evercore Mark Breidenbach - Oppenheimer Gregory Renza - RBC Capital Markets Jason Butler - JMP Securities Chad Messer - Needham & Company Presentation Operator Ladies and gentlemen, thank you for standing by.
- 08/11/2020
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CoreLogic Board of Directors Calls Special Meeting of Shareholders
- CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced that its Board of Directors has calle
- 08/09/2020
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Better-than-expected jobs report will ‘further complicate negotiations’ on next coronavirus relief package, analysts say
- Friday’s jobs report isn’t helping the talks on Capitol Hill over another big coronavirus relief package, according to some analysts.
- 08/07/2020
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Brookfield Property Partners L.P. (BPY) CEO Brian Kingston on Q2 2020 Results - Earnings Call Transcript
- Brookfield Property Partners L.P. (NASDAQ:BPY) Q2 2020 Earnings Conference Call August 06, 2020 11:00 AM ET Company Participants Matt Cherry - Senior Vice President of Investor Relations Brian Kingston - Chief Executive Officer Bryan Davis - Chief Financial Officer Jared Chupaila - Chief Executive Officer of Retail Real Estate Business Conference Call Participants Sheila McGrath - Evercore Mario Saric - Scotiabank Mark Rothschild - Canaccord Dean Wilkinson - CIBC Presentation Operator Ladies and gentlemen, thank you for standing by and welcome to the Brookfield Property Partners Second Quarter 2020 Financial Results Conference Call.
- 08/07/2020
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Liberty Broadband and GCI Liberty Announce Proposed Combination
- Liberty Broadband and GCI Liberty Announce Proposed Combination
- 08/06/2020
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Evercore Co-Chairman and Co-CEO Ralph L. Schlosstein to Participate in the UBS Financial Services Virtual Conference on August 12
- Evercore (NYSE: EVR) today announced that its Co-Chairman and Co-Chief Executive Officer, Ralph L. Schlosstein, will participate in the UBS Financial Services Virtual Conference on Wednesday, August 12, 2020 in a session that begins at 1:20 p.m. ET.
- 08/05/2020
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How acquiring TikTok could hurt Microsoft
- Microsoft Corp. has a chance to scoop up the hottest craze in social media at a potentially attractive price, but analysts think a TikTok deal threatens the...
- 08/04/2020
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All Weather Dividends: 8 Hot Buys For Sizzling Hot August
- The model portfolio we started in May is nearly a quarter old. The performance is still above that of the S&P 500, all while yielding 3% more.
- 08/03/2020
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Freeline Therapeutics to offer 7.35 million ADS in IPO, priced at $16 to $18 each
- UK biotech Freeline Therapeutics Holdings PLC undefined set terms for its initial public offering on Monday, with plans to offer 7.35 million American...
- 08/03/2020
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Paya and FinTech III Announce Merger Agreement
- Paya and FinTech III Announce Merger Agreement
- 08/03/2020
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Facebook's ad business outpaced Google's in Q2 — here's why
- Analysts said factors like the amount of revenue coming from direct-response versus brand advertising, exposure to areas like travel and sheer size gave Facebook's ad business a leg up over Google's in the second quarter.
- 07/31/2020
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Stag Industrial Inc (STAG) Q2 2020 Earnings Call Transcript | The Motley Fool
- STAG earnings call for the period ending June 30, 2020.
- 07/30/2020
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Michael Meyers Joins Evercore ISI to Lead Convertible Securities Business | | IT Business Net
- NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Michael Meyers has joined Evercore ISI as a Senior Managing Director and Head of Convertible Securities. Based in New York, he will
- 07/27/2020
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Michael Meyers Joins Evercore ISI to Lead Convertible Securities Business
- Evercore (NYSE: EVR) announced today that Michael Meyers has joined Evercore ISI as a Senior Managing Director and Head of Convertible Securities. Based in New York, he will work with senior leadership to help expand the firm’s capital raising capabilities.
- 07/27/2020
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Michael Meyers Joins Evercore ISI to Lead Convertible Securities Business
- Evercore (NYSE: EVR) announced today that Michael Meyers has joined Evercore ISI as a Senior Managing Director and Head of Convertible Securities. Bas
- 07/27/2020
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Evercore Announces Strategic Alliance with Seneca Evercore in Brazil
- Evercore (NYSE: EVR) announced today that it has entered into a strategic alliance with Seneca Evercore, an independent strategic advisory firm based in São Paulo, Brazil. The partnership allows the two firms to leverage their combined capabilities and knowledge, expanding Evercore’s global network and broadening Seneca Evercore’s set of solutions for clients.
- 07/23/2020
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$600 in extra unemployment would fall to $200 or $300 a week, under Mnuchin plan
- The $600 weekly enhanced unemployment benefit would be replaced by a reduced amount of around $200 or $300 a week, according to an analysis of a plan outlined Thursday by Treasury Secretary Steven Mnuchin.
- 07/23/2020
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Evercore Inc. (EVR) Q2 2020 Earnings Call Transcript
- Good morning, and thank you for joining us today for Evercore's second quarter 2020 financial results conference call. Joining me on the call today are Ralph Schlosstein, and John Weinberg, our Co-Chairman and Co-CEOs; and Bob Walsh, our CFO.
- 07/22/2020
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Evercore's (EVR) CEO Ralph Schlosstein on Q2 2020 Results - Earnings Call Transcript
- Evercore Inc. (NYSE:EVR) Q2 2020 Earnings Conference Call July 22, 2020 8:00 AM ET Company Participants Hallie Miller – Head-Investor Relations Ralph Schlosstein – Co-Chairman and Co-Chief Executive Officer John Weinberg – Co-Chairman and Co-Chief Executive Officer Bob Walsh – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Manan Gosalia – Morgan Stanley Michael Brown – KBW Brennan Hawken – UBS Matt Coad – Autonomous Research Jeff Harte – Piper Sandler Sal Saroni – Goldman Sachs Presentation Operator Welcome to the Evercore Second Quarter 2020 Financial Results Conference Call.
- 07/22/2020
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Evercore (EVR) Q2 Earnings and Revenues Surpass Estimates
- Evercore (EVR) delivered earnings and revenue surprises of 20.47% and 12.22%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/22/2020
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Recap: Evercore Q2 Earnings
- Shares of Evercore (NYSE:EVR) decreased 0.1% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 26.09% over the past year to $1.53, which beat the estimate of $1.32.Revenue of $513,922,000 decreased by 4.08% from the same period last year, which beat the estimate of $450,370,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Jul 22, 2020View more earnings on EVRTime: 08:00 AMET Webcast URL: https://edge.media-server.com/mmc/p/nsw4jf9zRecent Stock Performance 52-week high: $91.5952-week low: $33.25Price action over last quarter: Up 19.66%Company Description Evercore is an independent investment bank that derives the majority of its revenue from financial advisory, including merger, acquisition, and restructuring advisory. It also has institutional equities and investment management businesses that account for 15% to 20% of net revenue. The company was founded in 1996 and went public in 2006. Evercore has around 1,900 employees, and approximately 75% of the company's revenue is derived from the United States.See more from Benzinga * Earnings Scheduled For July 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/22/2020
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Evercore Reports Second Quarter 2020 Results; Quarterly Dividend of $0.58 Per Share
- Evercore Inc. (NYSE: EVR) today announced its results for the second quarter ended June 30, 2020.
- 07/22/2020
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Evercore Reports Second Quarter 2020 Results; Quarterly Dividend of $0.58 Per Share
- Evercore Inc. (NYSE: EVR) today announced its results for the second quarter ended June 30, 2020. Second Quarter 2020 Results 2020 Year to Date Re
- 07/22/2020
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Can Tesla justify a $300bn valuation?
- Elon Musk’s company is the world’s most valuable carmaker, but it has never made a profit
- 07/18/2020
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Evercore Names New Leaders as Altman Backs Off -- WSJ | MarketScreener
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Piper Sandler Expands Equity Capital Markets with the Hiring of Matthew Wolfe
- Piper Sandler Expands Equity Capital Markets with the Hiring of Matthew Wolfe
- 07/16/2020
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Analysts Estimate Evercore (EVR) to Report a Decline in Earnings: What to Look Out for
- Evercore (EVR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/15/2020
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Evercore Names John Weinberg and Ralph Schlosstein Co-CEOs, Co-Chairmen - BNN Bloomberg
- Evercore Inc. appointed Ralph Schlosstein and John Weinberg co-chief executive officers and co-chairmen as the firm’s legendary founder takes steps to cement the investment bank’s future.
- 07/15/2020
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How Is Evercore's (NYSE:EVR) CEO Compensated?
- Ralph Schlosstein became the CEO of Evercore Inc. (NYSE:EVR) in 2009, and we think it's a good time to look at the...
- 07/15/2020
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Evercore : Ralph L. Schlosstein and John S. Weinberg Each Appointed as Co-Chairman of the Board of Directors and Co-Chief Executive Officer | MarketScreener
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At Evercore, a Dean of Wall Street and Washington Elevates New Leaders | MarketScreener
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Ralph L. Schlosstein and John S. Weinberg Each Appointed as Co-Chairman of the Board of Directors and Co-Chief Executive Officer
- Evercore (NYSE: EVR) today announced that Ralph L. Schlosstein and John S. Weinberg have each been appointed as Co-Chairman of the Board and Co-Chief Executive Officer, effective immediately. Previously, Mr. Schlosstein, who joined the firm in 2009, served as President and Chief Executive Officer and Mr. Weinberg, who joined the firm in 2016, served as Chairman of the Board and Executive Chairman. Messrs. Schlosstein and Weinberg will continue to lead the firm with Roger Altman, Founder and Senior Chairman.
- 07/15/2020
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Ralph L. Schlosstein and John S. Weinberg Each Appointed as Co-Chairman of the Board of Directors and Co-Chief Executive Officer
- Evercore (NYSE: EVR) today announced that Ralph L. Schlosstein and John S. Weinberg have each been appointed as Co-Chairman of the Board and Co-Chief
- 07/15/2020
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Back-to-work bonuses can't replace the $600 boost in unemployment, economists say
- Some Republican lawmakers want to replace the $600 enhanced unemployment benefit with a back-to-work cash bonus for those who find jobs. But the number of unemployed is more than triple job openings.
- 07/14/2020
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Coronavirus slashes deal-making globally: What to expect next
- It’s official: the first half of 2020 was the worst in at least 15 years for the global mergers and acquisitions business, according to Dealogic data. Here’s...
- 07/13/2020
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Were Hedge Funds Right About Evercore Inc. (EVR)?
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 07/13/2020
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Marc Benioff's Salesforce has eclipsed Larry Ellison's Oracle in market cap
- Marc Benioff once considered Oracle's Larry Ellison his mentor at Oracle. Then Benioff started his own company. Now Salesforce is worth more than Oracle.
- 07/10/2020
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Wells Fargo Stock Has Been Beaten Down So Badly, It Could Be a Buy Now
- Evercore ISI added Wells Fargo to its Tactical Outperform list on the expectation that the bank will take an aggressive approach when reporting second-quarter financial results next week.
- 07/10/2020
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Financial advisory firm tells clients Biden won't be moving too far left if he becomes president
- Signum Global Advisors told clients Thursday that it isn't convinced Joe Biden will be as progressive as some might hope if he becomes president.
- 07/09/2020
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Evercore to Announce Second Quarter 2020 Financial Results and Host Conference Call on July 22, 2020
- Evercore (NYSE: EVR) will release its second quarter 2020 financial results on Wednesday, July 22, 2020. Evercore will host a related conference call, accessible via telephone and the internet, beginning at 8:00 a.m. Eastern Time that same day.
- 07/08/2020
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Biden Vows to Roll Back Trump's Tax Cuts if Elected
- Former Vice President Joe Biden promised to roll back tax cuts enacted by President Donald Trump if he's elected president.
- 07/02/2020
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Pebblebrook Hotel Trust (NYSE: PEB) Q2 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Pebblebrook Hotel Trust - PEB stock
- 07/02/2020
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Trump's ‘rocket ship’ economic recovery is crashing
- A fresh wave of infections across the US has led to a pattern of data that economists have been dreading.
- 07/01/2020
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Evercore: Amid Challenges And Opportunities, Look To The Dividend
- EVR's bread and butter is merger & acquisition advising, which has collapsed this year due to unfavorable market conditions and a drop in corporate earnings. Th
- 07/01/2020
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U.S. energy CEOs are awarding themselves millions in bonuses as their companies go bankrupt
- Even in an industry that is no stranger to excess, investors have had enough
- 06/30/2020
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Weighing The Week Ahead: Sustaining A Fragile Recovery
- Market Overview Analysis by Jeff Miller covering: S&P 500, Apple Inc, Jefferies Financial Group Inc, United Airlines Holdings Inc. Read Jeff Miller's latest article on Investing.com
- 06/28/2020
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La temprana reapertura pone en peligro la recuperación de EEUU
- La temprana reapertura pone en peligro la recuperación de EEUU
- 06/27/2020
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Investors at Crossroads
as Coronavirus Forces
Rethinking of Reopenings
- The Covid-19 surge puts some shares back into favor and pummels others. Will value stocks revive or be crushed?
- 06/26/2020
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Got $3,000? Buy This Dividend Stock Now and Get Richer
- In this article, we’ll look at some key factors that make TC Energy (TSX:TRP)(NYSE:TRP) stock a good investment option right now.
- 06/26/2020
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Schroders : Schroder Adveq appoints Head of Secondaries | MarketScreener
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Suncor Energy (TSE:SU) PT Raised to C$31.00
- Suncor Energy (TSE:SU) (NYSE:SU) had its price target upped by investment analysts at Citigroup from C$28.00 to C$31.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Citigroup‘s price target indicates a potential upside of 35.96% from the company’s previous close. A number of other research analysts have also recently commented […]
- 06/26/2020
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Blackstone adds Google CFO Ruth Porat to its board of directors
- Blackstone Group Inc. named Ruth Porat, Google’s finance chief, to its board of directors, a move that comes as the Wall Street firm shifts toward technology...
- 06/25/2020
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Blackstone Adds Google CFO Ruth Porat to Its Board -- Update | MarketScreener
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Blackstone Adds Google CFO Ruth Porat to Its Board
- Blackstone Group named Ruth Porat, the finance chief of Google, to its board of directors, a move that comes as the Wall Street firm shifts toward technology and growth investments.
- 06/25/2020
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Wall Street executives brace for a potential Biden win as Trump fades in polls
- Various current and former Wall Street financiers, analysts, lobbyists, lawyers and political advisors with banking clients spoke to CNBC about how the industry is bracing for a possible Biden win.
- 06/25/2020
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As rising virus cases spook markets, investors watching these metrics are not turning bearish yet
- Strategists say they are now paying attention to a more refined set of disease metrics when deciding when to sell.
- 06/25/2020
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Metropolis Healthcare promoter sells 6% stake for ₹422.6 crore
- The promoter shareholder has divested 6.03% stake through a bulk deal at a price of ₹1,383.44 per equity share.At 2:04 pm, shares of Metropolis Healthcare Ltd were up 2% at ₹1427.35 apiece on the BSE
- 06/25/2020
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Pebblebrook Hotel Trust (NYSE: PEB) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Pebblebrook Hotel Trust - PEB stock
- 06/25/2020
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Rideshare Data Shows Early Signs of Softness, Evercore Says - BNN Bloomberg
- The latest rideshare data shows the first sign of softness since April as coronavirus cases continue to grow in states where Lyft Inc. and Uber Technologies Inc. do business.
- 06/24/2020
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AvalonBay Communities Inc (NYSE: AVB) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of AvalonBay Communities Inc - AVB stock
- 06/24/2020
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Goldman Sachs Group Reiterates “Buy” Rating for Canadian Natural Resources (TSE:CNQ)
- Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ)‘s stock had its “buy” rating reaffirmed by equities research analysts at Goldman Sachs Group in a research note issued on Monday, BayStreet.CA reports. They presently have a C$25.00 price objective on the stock. Goldman Sachs Group’s price objective points to a potential upside of 3.56% from the company’s current price. […]
- 06/24/2020
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Fast Food Breakfast Faces A Long Recovery From The COVID-19 Crisis
- The morning meal, which represents a breakfast or morning snack occasion, has suffered the steepest transaction declines during the pandemic.
- 06/24/2020
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Financial advisory firm Signum tells clients Senate will flip to Democrats as Biden surges past Trump
- Financial advisory firm Signum Global Advisors is telling clients that it now believes the U.S. Senate is going to flip blue as Joe Biden continues surge past President Donald Trump in the polls.
- 06/23/2020
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Will Evercore (EVR) Gain on Rising Earnings Estimates?
- Evercore (EVR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/23/2020
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It's Time to Buy Lyft Stock as the World Gets Back to Normal
- The world is slowly but surely getting back to normal. As it does, consumer mobility will increase, and LYFT stock will rally.
- 06/23/2020
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American Electric Power Inc. (AEP) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings call transcript of American Electric Power Inc. - AEP stock
- 06/23/2020
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Crypto AM shines its Spotlight on 220 - CityAM
- A New Generation of Wealth with 220 The World of banking has been undergoing a revolution in the last decade,
- 06/23/2020
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Iron Mountain Inc (NYSE: IRM) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Iron Mountain Inc - IRM stock
- 06/23/2020
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Ameriprise Financial Inc (NYSE: AMP) Q1 2020 Earnings Call Transcript | AlphaStreet
- Ameriprise Financial Inc (NYSE: AMP) Q1 2020 Earnings Conference Call Final Transcript
- 06/22/2020
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Dentsply International Inc. (NASDAQ: XRAY) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings call transcript of Dentsply International Inc. - XRAY Stock
- 06/22/2020
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Host Hotels & Resorts Inc (NYSE: HST) Q1 2020 Earnings Call Transcript | AlphaStreet
- Final earnings conference call transcript of Host Hotels & Resorts Inc. - HST stock
- 06/22/2020
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Invitae : and ArcherDX to create a global leader in comprehensive cancer genetics and precision oncology | MarketScreener
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Spotify’s Podcast Push Has Helped the Stock. But the Bulls Are Out of Tune.
- Signing Joe Rogan, Bill Simmons, and Kim Kardashian West has generated a lot of buzz for the streaming service. But the economics look questionable.
- 06/22/2020
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After 15 years, Apple prepares to break up with Intel
- Apple could announce plans as soon as Monday to replace Intel processors in Macs with chips that it designed itself.
- 06/20/2020
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After 15 years, Apple prepares to break up with Intel
- Apples move is an indication of the growing power of the biggest tech companies to expand their abilities and reduce their dependence on major partners that have provided them with services for years — even as smaller competitors and the global economy struggle because of the coronavirus pandemic.
- 06/20/2020
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Covid’s First 100 Days Hit These Industries Hardest. Here’s How They Could Recover.
- The World Health Organization declared the coronavirus outbreak a pandemic on March 11, and many industries suffered in the economic fallout. Here’s a look back on what happened, and what’s ahead in the next 100 days and beyond.
- 06/20/2020
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2:00PM Water Cooler 6/19/2020 | naked capitalism
- COVID-19 in the West ~ Klobuchar knifes Warren ~ Could Biden be running a genius-level campaign ~ Empathy ~ Who lost China? ~ Trump in Tulsa ~ Trump the undefeated ~ Amy McGrath ~ Rail, trucking, tankers ~ Go long Plexiglass ~ Ocean rise and the 30-year mortgage ~ Juneteenth ~ CHOP/CHAZ v. the Commune ~ R.I.P. Ian Holm ~ Smell and the brain
- 06/19/2020
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2 Things To Know If Yet To Buy Snap Stock Since Zynga Deal
- Snap stock has soared on the back of impressive earnings results and the Zynga deal promises to be new catalyst.
- 06/19/2020
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EVERCORE INC. : Submission of Matters to a Vote of Security Holders (form 8-K) | MarketScreener
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Evercore CEO Sees Higher Taxes on Wealthy to Close Equality Gap - BNN Bloomberg
- Evercore Inc. Chief Executive Officer Ralph Schlosstein said wealthy people in America should expect to pay higher taxes to close the income gap getting exacerbated by the Covid-19 pandemic.
- 06/18/2020
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3 Top Stocks Under $10 | The Motley Fool
- One is developing a COVID-19 vaccine; the other two are from rebounding industries.
- 06/18/2020
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Wall Street giants including the CEOs of Goldman and Blackstone are pouring money into the campaign to defeat AOC in a June primary
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Wall Street giants including the CEOs of Goldman and Blackstone are pouring money into the campaign to defeat AOC in a June primary
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OPEC’s Outlook for Oil Demand Hasn’t Improved. Why It’s Making the Market Nervous.
- Oil prices dropped on Wednesday after OPEC said it expects global oil demand to fall by 9.1 million barrels per day this year, the same demand outlook it gave last month.
- 06/17/2020
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BEENEXT Closes Emerging Asia Fund At $110 Mn, Commits Half Towards Indian Startups
- Japanese venture capital firm BEENEXT on Tuesday (June 16) announced that it has closed its BEENEXT Emerging Asia Fund at $110 Mn.
- 06/16/2020
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4D Molecular Therapeutics Raises $75 Million in Series C Financing
- 4D Molecular Therapeutics (4DMT), a clinical-stage leader in the development of precision-guided AAV gene medicines based on directed evolution, annou
- 06/16/2020
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Trump administration wants to replace $600 unemployment benefit with back-to-work bonus
- The Trump administration doesn't want to extend a federal enhancement to unemployment benefits, which is scheduled to end July 31, according to a senior aide. Instead, it wants to offer a cash bonus for those who return to work.
- 06/15/2020
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S&P 500 top movers: Viacom (VIAC) gains more than 9% after Evercore raises price target | Forex Crunch
- Wall Street's main indexes rise after Fed expands bond-buying program. ViacomCBS Cl B (VIAC) shares gain more than 9% on Monday. Major equity indexes
- 06/15/2020
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Expect ‘violently flat’ markets, but be ready to buy the dip, analyst says
- Over the short term, markets are likely to bounce in a range, but as long as new cases don’t significantly strain the health care system, and Americans don’t...
- 06/15/2020
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AgroFresh Solutions Receives Commitment for $150 Million Strategic Equity Investment from Paine Schwartz Partners as Key Component of Comprehensive Refinancing | | IT Business Net
- Investment materially improves AgroFresh's balance sheet and financial flexibility Industry specific expertise provided through Paine Schwartz Partners to help further AgroFresh's execution
- 06/15/2020
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Raymond James Brokers Boost Earnings Estimates for Precision Drilling Corp (TSE:PD)
- Precision Drilling Corp (TSE:PD) (NYSE:PDS) – Equities researchers at Raymond James increased their FY2021 earnings estimates for shares of Precision Drilling in a report issued on Wednesday, June 10th. Raymond James analyst A. Bradford now anticipates that the company will post earnings of ($0.82) per share for the year, up from their previous forecast of […]
- 06/15/2020
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