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News

09/04 06:30 EST - accesswire.com
Meridian Reports Further Broad Shallow Zones of Mineralization at Cabaçal Including CD-535 - 21.6m @ 3.1g/t AuEq / 2.1% CuEq from 85m
Multiple targets for Cabaçal-type Cu-Au repeats identified along the 10km Mine Corridor LONDON, UK / ACCESSWIRE / September 4, 2024 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to announce further strong results from its Cabaçal Cu-Au-Ag project ("Cabaçal"). Wide zones of Cu-Au-Ag mineralization continue to be defined, highlighted by CD-535 returning 21.6m @ 3.1g/t AuEq / 2.1% CuEq, and CD-529 returning 16.1m @ 2.8g/t AuEq / 1.9% CuEq ("Figure 1"), within the open pit area1.

07/26 15:25 EST - zacks.com
Meridian Bank (MRBK) Q2 Earnings Lag Estimates
Meridian Bank (MRBK) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.41 per share a year ago.

07/26 13:09 EST - globenewswire.com
Meridian Corporation Reports Second Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., July 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended (Dollars in thousands, except per share data)((Unaudited) June 30, 2024   March 31, 2024   June 30, 2023 Income:           Net income $ 3,326   $ 2,676   $ 4,645 Diluted earnings per common share $ 0.30   $ 0.24   $ 0.41 Pre-tax, pre-provision income (1) $ 7,072   $ 6,419   $ 6,607 (1) See Non-GAAP reconciliation in the Appendix           Commercial loans, excluding leases, increased $40.7 million, or 3%, for the quarter and $112.3 million, or 8%, year over year.

07/22 06:30 EST - accesswire.com
Meridian Reports Multiple Zones of Mineralization Including 13.4m @ 4.6g/t AuEq at Cabaçal
Commencement of Cabaçal mine-corridor exploration program to test multiple Cu-Au targets LONDON, UK / ACCESSWIRE / July 22, 2024 / Meridian Mining UK. S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to announce further intersections of strong Au-Cu-Ag mineralization from its ongoing drill program at its flagship Cabaçal Cu-Au-Ag project ("Cabaçal").

07/16 07:03 EST - seekingalpha.com
Meridian Corporation: Patience Is Required
Meridian Corporation: Patience Is Required

07/09 18:38 EST - businesswire.com
Sound Point Meridian Announces $100 Million “Net Asset Value” Credit Facility
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced that it has entered into a $100 million “net asset value” revolving credit facility with Canadian Imperial Bank of Commerce (“CIBC”), as a lender and administrative agent, which may be increased up to $125 million pursuant to the terms thereof (the.

06/17 19:00 EST - businesswire.com
Sound Point Meridian Capital, Inc. Announces Closing of Initial Public Offering
NEW YORK--(BUSINESS WIRE)-- #Alternatives--Sound Point Meridian Capital, Inc. (NYSE: SPMC) (the “Company”) today announced the closing of its previously announced initial public offering of 4,000,000 shares of common stock at a public offering price of $20.00 per share, for net proceeds to the Company of approximately $79.7 million after payment of certain offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock to c.

06/11 06:30 EST - accesswire.com
Meridian Delivers More Strong Shallow Drill Results at Santa Helena and Cabaçal
Santa Helena environmental and metallurgical programs to rapidly advance LONDON, UK / ACCESSWIRE / June 11, 2024 / Meridian Mining UK. S (TSX:MNO )(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to provide an update on its drilling activities at the Cabaçal and Santa Helena mines, part of the greater 50km Cabaçal Cu-Au-Ag VMS belt-scale project ("the Belt") in Mato Grosso, Brazil.

06/07 10:00 EST - wsj.com
Real-Estate Broker Meridian Bulks Up Controls After Fannie, Freddie Blacklist
The broker to New York Community Bancorp hires a risk chief for the first time.

06/04 13:00 EST - accesswire.com
Meridian Announces Results of Annual and Special Meeting of Shareholders
LONDON, UK / ACCESSWIRE / June 4, 2024 / Meridian Mining UK S (TSX:MNO)(OTCQX:MRRDF)(Frankfurt/Tradegate:2MM) ("Meridian" or the "Company") announces the voting results from the Company's Annual and Special Meeting of Shareholders held on Tuesday, June 4, 2024 (the "Meeting"). A total of 109,396,416 common shares were voted, representing 36.45% of the Company's issued and outstanding common shares as at the record date of April 29, 2024.

05/31 07:27 EST - investorplace.com
The Dividend Disaster Zone: 3 Stocks to Sell Before the Payout Gets Slashed
Often when investors choose dividend stocks as part of their portfolio, the aim is to generate more money through the quarterly dividend. They can then either take a cash payout or reinvest the dividend to purchase more of that specific stock thereby increasing its dollar value.

05/20 09:22 EST - https://www.defenseworld.net
JPMorgan Chase & Co. (NYSE:JPM) is Meridian Wealth Management LLC’s 8th Largest Position
Meridian Wealth Management LLC grew its position in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 31.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,990 shares of the financial services provider’s stock after purchasing an additional 42,424 shares during the quarter. JPMorgan Chase & Co. comprises approximately 1.9% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Meridian Wealth Management LLC’s holdings in JPMorgan Chase & Co. were worth $30,446,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in JPM. Morgan Stanley increased its position in JPMorgan Chase & Co. by 0.3% during the 3rd quarter. Morgan Stanley now owns 62,941,343 shares of the financial services provider’s stock valued at $9,127,754,000 after buying an additional 201,441 shares in the last quarter. FMR LLC increased its holdings in shares of JPMorgan Chase & Co. by 1.2% during the third quarter. FMR LLC now owns 49,417,639 shares of the financial services provider’s stock valued at $7,166,546,000 after acquiring an additional 606,382 shares in the last quarter. Wellington Management Group LLP raised its position in shares of JPMorgan Chase & Co. by 12.2% in the 3rd quarter. Wellington Management Group LLP now owns 42,421,711 shares of the financial services provider’s stock valued at $6,151,997,000 after purchasing an additional 4,603,090 shares during the last quarter. Northern Trust Corp boosted its stake in JPMorgan Chase & Co. by 2.7% in the 3rd quarter. Northern Trust Corp now owns 33,089,310 shares of the financial services provider’s stock worth $4,798,612,000 after purchasing an additional 871,091 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in JPMorgan Chase & Co. by 2.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 23,724,676 shares of the financial services provider’s stock valued at $3,442,313,000 after purchasing an additional 457,184 shares in the last quarter. 71.55% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets Several equities research analysts have recently commented on JPM shares. Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $182.00 to $195.00 and gave the stock a “market perform” rating in a research note on Friday, April 5th. UBS Group lowered their price target on JPMorgan Chase & Co. from $226.00 to $219.00 and set a “buy” rating for the company in a research report on Tuesday, April 16th. Jefferies Financial Group boosted their price target on JPMorgan Chase & Co. from $202.00 to $228.00 and gave the company a “buy” rating in a research note on Monday, April 8th. BMO Capital Markets reduced their price objective on JPMorgan Chase & Co. from $196.00 to $195.00 and set a “market perform” rating for the company in a research note on Monday, April 15th. Finally, Oppenheimer dropped their target price on JPMorgan Chase & Co. from $219.00 to $217.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $192.05. View Our Latest Stock Analysis on JPM JPMorgan Chase & Co. Trading Up 1.1 % JPM stock opened at $204.79 on Monday. JPMorgan Chase & Co. has a 52-week low of $134.40 and a 52-week high of $205.05. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.29. The firm has a market cap of $588.09 billion, a P/E ratio of 12.37, a PEG ratio of 2.52 and a beta of 1.13. The company’s 50-day simple moving average is $193.84 and its 200-day simple moving average is $176.60. JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its quarterly earnings results on Friday, April 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.18 by $0.45. The company had revenue of $41.93 billion for the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a return on equity of 17.79% and a net margin of 20.05%. As a group, equities analysts forecast that JPMorgan Chase & Co. will post 16.22 EPS for the current fiscal year. JPMorgan Chase & Co. Increases Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 5th were given a $1.15 dividend. This is a positive change from JPMorgan Chase & Co.’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 2.25%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.78%. Insider Transactions at JPMorgan Chase & Co. In related news, CEO Marianne Lake sold 11,734 shares of the firm’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $200.02, for a total value of $2,347,034.68. Following the transaction, the chief executive officer now directly owns 122,740 shares of the company’s stock, valued at approximately $24,550,454.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Marianne Lake sold 11,734 shares of the stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $200.02, for a total value of $2,347,034.68. Following the completion of the sale, the chief executive officer now directly owns 122,740 shares in the company, valued at $24,550,454.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robin Leopold sold 3,000 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $198.86, for a total transaction of $596,580.00. Following the completion of the sale, the insider now owns 44,113 shares of the company’s stock, valued at approximately $8,772,311.18. The disclosure for this sale can be found here. Insiders sold 1,071,414 shares of company stock valued at $196,746,504 over the last 90 days. Corporate insiders own 0.79% of the company’s stock. JPMorgan Chase & Co. Company Profile (Free Report) JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

05/20 09:02 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Lowers Stock Position in Air Products and Chemicals, Inc. (NYSE:APD)
Meridian Wealth Management LLC cut its position in shares of Air Products and Chemicals, Inc. (NYSE:APD – Free Report) by 49.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,135 shares of the basic materials company’s stock after selling 1,095 shares during the quarter. Meridian Wealth Management LLC’s holdings in Air Products and Chemicals were worth $311,000 as of its most recent SEC filing. A number of other institutional investors have also added to or reduced their stakes in APD. Long Road Investment Counsel LLC raised its stake in Air Products and Chemicals by 3.1% in the 4th quarter. Long Road Investment Counsel LLC now owns 14,365 shares of the basic materials company’s stock valued at $3,673,000 after acquiring an additional 430 shares during the period. Nikko Asset Management Americas Inc. boosted its holdings in Air Products and Chemicals by 7.3% in the 4th quarter. Nikko Asset Management Americas Inc. now owns 16,473 shares of the basic materials company’s stock valued at $4,510,000 after purchasing an additional 1,125 shares during the period. Fairhaven Wealth Management LLC grew its position in shares of Air Products and Chemicals by 13.6% during the 4th quarter. Fairhaven Wealth Management LLC now owns 9,134 shares of the basic materials company’s stock valued at $2,501,000 after purchasing an additional 1,096 shares in the last quarter. Addison Capital Co boosted its stake in Air Products and Chemicals by 6.3% during the fourth quarter. Addison Capital Co now owns 838 shares of the basic materials company’s stock valued at $229,000 after buying an additional 50 shares during the period. Finally, Inceptionr LLC raised its holdings in shares of Air Products and Chemicals by 21.7% in the 4th quarter. Inceptionr LLC now owns 1,075 shares of the basic materials company’s stock valued at $294,000 after acquiring an additional 192 shares in the last quarter. 81.66% of the stock is owned by institutional investors. Wall Street Analysts Forecast Growth A number of equities analysts have recently commented on APD shares. Wolfe Research began coverage on shares of Air Products and Chemicals in a report on Friday, March 1st. They issued an “outperform” rating and a $279.00 price target on the stock. UBS Group cut shares of Air Products and Chemicals from a “buy” rating to a “neutral” rating and cut their price objective for the company from $328.00 to $241.00 in a research note on Thursday, February 8th. Mizuho lowered their price target on shares of Air Products and Chemicals from $295.00 to $286.00 and set a “buy” rating for the company in a research note on Wednesday, May 1st. Argus downgraded Air Products and Chemicals from a “buy” rating to a “hold” rating in a report on Monday, February 26th. Finally, Morgan Stanley decreased their price target on Air Products and Chemicals from $285.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $273.77. Read Our Latest Report on APD Air Products and Chemicals Stock Up 2.2 % Air Products and Chemicals stock opened at $262.70 on Monday. The firm has a market cap of $58.40 billion, a price-to-earnings ratio of 23.71, a PEG ratio of 2.84 and a beta of 0.80. The company has a current ratio of 1.49, a quick ratio of 1.31 and a debt-to-equity ratio of 0.77. Air Products and Chemicals, Inc. has a 12 month low of $212.24 and a 12 month high of $307.71. The stock has a fifty day simple moving average of $241.07 and a two-hundred day simple moving average of $251.80. Air Products and Chemicals (NYSE:APD – Get Free Report) last released its quarterly earnings results on Tuesday, April 30th. The basic materials company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.15. Air Products and Chemicals had a return on equity of 16.56% and a net margin of 20.32%. The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.05 billion. During the same quarter in the previous year, the company posted $2.74 earnings per share. Air Products and Chemicals’s revenue for the quarter was down 8.4% on a year-over-year basis. Equities analysts predict that Air Products and Chemicals, Inc. will post 12.31 EPS for the current fiscal year. Air Products and Chemicals Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, August 12th. Shareholders of record on Monday, July 1st will be given a $1.77 dividend. The ex-dividend date is Monday, July 1st. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.70%. Air Products and Chemicals’s payout ratio is currently 63.90%. Air Products and Chemicals Company Profile (Free Report) Air Products and Chemicals, Inc provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, manufacturing, electronics, energy production, medical, food, and metals. Read More Five stocks we like better than Air Products and Chemicals How to Use the MarketBeat Dividend Calculator JD’s Earnings Could Mean Chinese Stocks Making a Comeback How to Calculate Options Profits Canada Goose Flies Higher Driven By DTC Growth How to Most Effectively Use the MarketBeat Earnings Screener CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding APD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Air Products and Chemicals, Inc. (NYSE:APD – Free Report).

05/20 09:02 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Invests $205,000 in Arthur J. Gallagher & Co. (NYSE:AJG)
Meridian Wealth Management LLC acquired a new stake in Arthur J. Gallagher & Co. (NYSE:AJG – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 904 shares of the financial services provider’s stock, valued at approximately $205,000. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC raised its position in shares of Arthur J. Gallagher & Co. by 8.1% during the 3rd quarter. FMR LLC now owns 9,664,117 shares of the financial services provider’s stock worth $2,202,742,000 after purchasing an additional 726,485 shares during the last quarter. Morgan Stanley raised its holdings in shares of Arthur J. Gallagher & Co. by 0.6% in the third quarter. Morgan Stanley now owns 6,209,557 shares of the financial services provider’s stock worth $1,415,345,000 after acquiring an additional 34,999 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Arthur J. Gallagher & Co. by 1.9% in the third quarter. JPMorgan Chase & Co. now owns 5,000,975 shares of the financial services provider’s stock valued at $1,139,872,000 after acquiring an additional 90,842 shares in the last quarter. WCM Investment Management LLC increased its position in Arthur J. Gallagher & Co. by 0.5% during the 4th quarter. WCM Investment Management LLC now owns 2,610,081 shares of the financial services provider’s stock worth $583,249,000 after purchasing an additional 13,208 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Arthur J. Gallagher & Co. by 3.6% in the 3rd quarter. Invesco Ltd. now owns 2,572,182 shares of the financial services provider’s stock valued at $586,277,000 after purchasing an additional 88,861 shares during the last quarter. Institutional investors and hedge funds own 85.53% of the company’s stock. Arthur J. Gallagher & Co. Stock Up 0.8 % Shares of NYSE:AJG opened at $257.67 on Monday. The stock has a market capitalization of $56.30 billion, a P/E ratio of 52.16, a PEG ratio of 2.41 and a beta of 0.69. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.05 and a current ratio of 1.05. Arthur J. Gallagher & Co. has a 1 year low of $198.52 and a 1 year high of $258.20. The stock has a 50-day simple moving average of $244.46 and a 200-day simple moving average of $240.36. Arthur J. Gallagher & Co. (NYSE:AJG – Get Free Report) last issued its earnings results on Thursday, April 25th. The financial services provider reported $3.49 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.08. The business had revenue of $3.22 billion for the quarter, compared to the consensus estimate of $3.18 billion. Arthur J. Gallagher & Co. had a net margin of 10.27% and a return on equity of 18.94%. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the firm posted $3.03 EPS. Equities analysts forecast that Arthur J. Gallagher & Co. will post 10.08 earnings per share for the current year. Arthur J. Gallagher & Co. Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 21st. Shareholders of record on Friday, June 7th will be given a $0.60 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $2.40 dividend on an annualized basis and a yield of 0.93%. Arthur J. Gallagher & Co.’s payout ratio is currently 48.58%. Insider Activity In related news, VP Scott R. Hudson sold 15,000 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $255.06, for a total value of $3,825,900.00. Following the completion of the transaction, the vice president now owns 96,709 shares of the company’s stock, valued at $24,666,597.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP Scott R. Hudson sold 15,000 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $255.06, for a total value of $3,825,900.00. Following the sale, the vice president now directly owns 96,709 shares of the company’s stock, valued at $24,666,597.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Joel D. Cavaness sold 1,207 shares of the firm’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $255.20, for a total transaction of $308,026.40. Following the transaction, the vice president now directly owns 2,023 shares of the company’s stock, valued at $516,269.60. The disclosure for this sale can be found here. Insiders sold 32,207 shares of company stock worth $8,108,486 over the last ninety days. Corporate insiders own 1.60% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts have recently commented on the stock. Royal Bank of Canada lifted their price target on shares of Arthur J. Gallagher & Co. from $270.00 to $282.00 and gave the stock an “outperform” rating in a report on Friday, March 22nd. Keefe, Bruyette & Woods cut their price target on Arthur J. Gallagher & Co. from $246.00 to $240.00 and set an “underperform” rating for the company in a report on Wednesday, April 10th. Piper Sandler decreased their price objective on Arthur J. Gallagher & Co. from $253.00 to $252.00 and set a “neutral” rating on the stock in a report on Monday, April 29th. Argus upped their target price on Arthur J. Gallagher & Co. from $264.00 to $270.00 and gave the company a “buy” rating in a research note on Tuesday, May 14th. Finally, Truist Financial reiterated a “hold” rating and set a $255.00 target price (down from $280.00) on shares of Arthur J. Gallagher & Co. in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Arthur J. Gallagher & Co. currently has an average rating of “Hold” and a consensus price target of $255.77. Read Our Latest Stock Report on AJG About Arthur J. Gallagher & Co. (Free Report) Arthur J. Gallagher & Co, together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises.

05/20 09:02 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Sells 35 Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)
Meridian Wealth Management LLC lessened its holdings in Super Micro Computer, Inc. (NASDAQ:SMCI – Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 925 shares of the company’s stock after selling 35 shares during the period. Meridian Wealth Management LLC’s holdings in Super Micro Computer were worth $263,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Super Micro Computer during the 3rd quarter valued at about $55,943,000. Natixis Advisors L.P. grew its stake in Super Micro Computer by 31.4% in the 3rd quarter. Natixis Advisors L.P. now owns 17,218 shares of the company’s stock worth $4,722,000 after buying an additional 4,118 shares in the last quarter. Shilanski & Associates Inc. increased its holdings in shares of Super Micro Computer by 2.7% in the 4th quarter. Shilanski & Associates Inc. now owns 5,103 shares of the company’s stock worth $1,451,000 after buying an additional 134 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of Super Micro Computer during the 4th quarter valued at $739,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Super Micro Computer by 154.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 4,728 shares of the company’s stock worth $1,344,000 after acquiring an additional 2,870 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of equities research analysts have weighed in on the company. Susquehanna raised their price target on Super Micro Computer from $162.00 to $250.00 and gave the company a “negative” rating in a research report on Tuesday, January 30th. Wells Fargo & Company dropped their target price on Super Micro Computer from $960.00 to $890.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 1st. Barclays upped their target price on Super Micro Computer from $691.00 to $961.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Wedbush lifted their price target on shares of Super Micro Computer from $530.00 to $800.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st. Finally, Argus assumed coverage on shares of Super Micro Computer in a research note on Wednesday, March 6th. They issued a “buy” rating and a $1,350.00 price objective for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $954.38. Check Out Our Latest Research Report on SMCI Super Micro Computer Stock Performance Shares of NASDAQ:SMCI opened at $887.89 on Monday. The company has a current ratio of 4.69, a quick ratio of 2.29 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $916.64 and a 200-day moving average price of $628.42. The company has a market cap of $49.66 billion, a price-to-earnings ratio of 49.77, a price-to-earnings-growth ratio of 0.80 and a beta of 1.34. Super Micro Computer, Inc. has a 12 month low of $155.45 and a 12 month high of $1,229.00. Insiders Place Their Bets In other Super Micro Computer news, Director Sherman Tuan sold 5,000 shares of the business’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $873.98, for a total transaction of $4,369,900.00. Following the transaction, the director now directly owns 22,113 shares of the company’s stock, valued at approximately $19,326,319.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Super Micro Computer news, Director Sherman Tuan sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $873.98, for a total transaction of $4,369,900.00. Following the transaction, the director now owns 22,113 shares in the company, valued at approximately $19,326,319.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 525 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the transaction, the director now owns 3,459 shares of the company’s stock, valued at approximately $3,008,015.58. The disclosure for this sale can be found here. Company insiders own 17.60% of the company’s stock. Super Micro Computer Company Profile (Free Report) Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

05/20 08:32 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Takes Position in Comerica Incorporated (NYSE:CMA)
Meridian Wealth Management LLC acquired a new position in shares of Comerica Incorporated (NYSE:CMA – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,585 shares of the financial services provider’s stock, valued at approximately $200,000. Several other institutional investors have also recently added to or reduced their stakes in CMA. Raymond James & Associates lifted its position in shares of Comerica by 18.1% during the fourth quarter. Raymond James & Associates now owns 203,324 shares of the financial services provider’s stock worth $11,348,000 after purchasing an additional 31,125 shares in the last quarter. Avaii Wealth Management LLC acquired a new stake in Comerica during the 4th quarter worth approximately $679,000. NewEdge Wealth LLC purchased a new position in Comerica in the 4th quarter valued at approximately $10,068,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Comerica by 73.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,771 shares of the financial services provider’s stock worth $3,168,000 after acquiring an additional 23,947 shares in the last quarter. Finally, LSV Asset Management increased its position in shares of Comerica by 3.5% during the third quarter. LSV Asset Management now owns 678,976 shares of the financial services provider’s stock worth $28,211,000 after acquiring an additional 22,800 shares during the period. Institutional investors and hedge funds own 80.74% of the company’s stock. Comerica Stock Up 0.6 % Shares of NYSE:CMA opened at $54.83 on Monday. The company has a market cap of $7.27 billion, a price-to-earnings ratio of 10.90 and a beta of 1.27. Comerica Incorporated has a fifty-two week low of $34.88 and a fifty-two week high of $57.39. The firm’s 50-day simple moving average is $52.42 and its 200-day simple moving average is $51.17. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.26. Comerica (NYSE:CMA – Get Free Report) last posted its quarterly earnings results on Thursday, April 18th. The financial services provider reported $1.29 EPS for the quarter, beating the consensus estimate of $1.13 by $0.16. Comerica had a return on equity of 16.51% and a net margin of 13.11%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $807.57 million. During the same period last year, the firm earned $2.39 EPS. As a group, equities research analysts predict that Comerica Incorporated will post 5.16 earnings per share for the current year. Comerica Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $2.84 annualized dividend and a yield of 5.18%. Comerica’s payout ratio is currently 56.46%. Analysts Set New Price Targets CMA has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft started coverage on Comerica in a research note on Wednesday, April 10th. They set a “hold” rating and a $59.00 target price for the company. DA Davidson reiterated a “neutral” rating and issued a $56.00 price target on shares of Comerica in a research note on Wednesday, March 6th. Citigroup downgraded shares of Comerica from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $60.00 to $56.00 in a research report on Monday, May 6th. Royal Bank of Canada lifted their price objective on shares of Comerica from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Friday, April 19th. Finally, Stephens reissued an “overweight” rating and issued a $64.00 target price on shares of Comerica in a report on Friday, April 19th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $56.89. Read Our Latest Research Report on CMA Insider Activity In related news, EVP Cassandra M. Mckinney sold 7,271 shares of the company’s stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $52.59, for a total value of $382,381.89. Following the sale, the executive vice president now owns 7,236 shares in the company, valued at approximately $380,541.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.19% of the company’s stock. About Comerica (Free Report) Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. Read More Five stocks we like better than Comerica Earnings Per Share Calculator: How to Calculate EPS JD’s Earnings Could Mean Chinese Stocks Making a Comeback Stock Market Upgrades: What Are They? Canada Goose Flies Higher Driven By DTC Growth What is a SEC Filing? CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding CMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comerica Incorporated (NYSE:CMA – Free Report).

05/20 08:30 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Invests $256,000 in Diageo plc (NYSE:DEO)
Meridian Wealth Management LLC bought a new stake in shares of Diageo plc (NYSE:DEO – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,760 shares of the company’s stock, valued at approximately $256,000. Other large investors have also recently added to or reduced their stakes in the company. Planned Solutions Inc. acquired a new stake in shares of Diageo in the 4th quarter worth about $27,000. Addison Advisors LLC raised its holdings in shares of Diageo by 97.3% during the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after buying an additional 107 shares during the last quarter. Criterion Capital Advisors LLC acquired a new position in shares of Diageo during the fourth quarter worth approximately $36,000. First Command Advisory Services Inc. bought a new position in Diageo in the 3rd quarter worth approximately $48,000. Finally, Orion Capital Management LLC acquired a new stake in Diageo in the 3rd quarter valued at approximately $60,000. 8.97% of the stock is owned by institutional investors and hedge funds. Diageo Stock Down 0.4 % Shares of DEO opened at $142.40 on Monday. Diageo plc has a one year low of $135.63 and a one year high of $179.78. The stock’s fifty day moving average is $143.22 and its 200-day moving average is $144.74. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.58 and a quick ratio of 0.65. About Diageo (Free Report) Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products. See Also Five stocks we like better than Diageo Best Stocks Under $5.00 JD’s Earnings Could Mean Chinese Stocks Making a Comeback Why Are Stock Sectors Important to Successful Investing? 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

05/20 08:30 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Reduces Position in Equifax Inc. (NYSE:EFX)
Meridian Wealth Management LLC decreased its holdings in Equifax Inc. (NYSE:EFX – Free Report) by 49.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,116 shares of the credit services provider’s stock after selling 1,080 shares during the period. Meridian Wealth Management LLC’s holdings in Equifax were worth $276,000 at the end of the most recent quarter. Other institutional investors have also bought and sold shares of the company. Quadrant Capital Group LLC increased its stake in shares of Equifax by 2.2% in the 4th quarter. Quadrant Capital Group LLC now owns 1,838 shares of the credit services provider’s stock worth $455,000 after acquiring an additional 40 shares during the last quarter. DAVENPORT & Co LLC increased its position in Equifax by 2.4% during the fourth quarter. DAVENPORT & Co LLC now owns 2,022 shares of the credit services provider’s stock worth $500,000 after purchasing an additional 48 shares during the last quarter. Greenleaf Trust raised its stake in Equifax by 4.2% during the fourth quarter. Greenleaf Trust now owns 1,507 shares of the credit services provider’s stock worth $373,000 after purchasing an additional 61 shares during the period. Concord Wealth Partners boosted its holdings in Equifax by 8.8% in the 4th quarter. Concord Wealth Partners now owns 793 shares of the credit services provider’s stock valued at $196,000 after purchasing an additional 64 shares during the last quarter. Finally, Butensky & Cohen Financial Security Inc. grew its stake in shares of Equifax by 0.4% in the 4th quarter. Butensky & Cohen Financial Security Inc. now owns 17,258 shares of the credit services provider’s stock valued at $4,268,000 after buying an additional 69 shares during the period. 96.20% of the stock is owned by hedge funds and other institutional investors. Equifax Trading Down 0.5 % NYSE:EFX opened at $248.75 on Monday. Equifax Inc. has a 12-month low of $159.95 and a 12-month high of $275.10. The firm has a market cap of $30.75 billion, a PE ratio of 55.40, a price-to-earnings-growth ratio of 2.15 and a beta of 1.54. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.04. The stock has a fifty day moving average price of $245.87 and a 200 day moving average price of $240.01. Equifax (NYSE:EFX – Get Free Report) last announced its quarterly earnings data on Thursday, April 18th. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.06. Equifax had a return on equity of 19.08% and a net margin of 10.42%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the business posted $1.43 EPS. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. Sell-side analysts anticipate that Equifax Inc. will post 7.36 earnings per share for the current fiscal year. Equifax Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Friday, May 24th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Thursday, May 23rd. Equifax’s dividend payout ratio is presently 34.74%. Insider Activity In other news, Director Karen L. Fichuk bought 415 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $238.77 per share, for a total transaction of $99,089.55. Following the completion of the purchase, the director now owns 3,305 shares in the company, valued at approximately $789,134.85. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Equifax news, Director Karen L. Fichuk bought 415 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was purchased at an average price of $238.77 per share, for a total transaction of $99,089.55. Following the completion of the purchase, the director now directly owns 3,305 shares in the company, valued at $789,134.85. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark W. Begor sold 58,300 shares of the stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $225.45, for a total transaction of $13,143,735.00. Following the completion of the transaction, the chief executive officer now owns 109,220 shares in the company, valued at $24,623,649. The disclosure for this sale can be found here. Company insiders own 1.66% of the company’s stock. Wall Street Analyst Weigh In A number of research firms recently commented on EFX. Oppenheimer decreased their price objective on Equifax from $291.00 to $272.00 and set an “outperform” rating on the stock in a report on Friday, April 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $305.00 price target on shares of Equifax in a research note on Thursday, April 18th. Bank of America cut their price objective on Equifax from $300.00 to $255.00 and set a “buy” rating for the company in a research report on Friday, April 19th. Truist Financial increased their target price on shares of Equifax from $270.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Robert W. Baird reduced their price target on shares of Equifax from $275.00 to $260.00 and set an “outperform” rating on the stock in a research note on Friday, April 19th. Four analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, Equifax presently has a consensus rating of “Moderate Buy” and an average price target of $270.19. Get Our Latest Research Report on Equifax About Equifax (Free Report) Equifax Inc operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that assist them in complying with and automating payroll-related and human resource management processes throughout the entire cycle of the employment relationship. Read More Five stocks we like better than Equifax NYSE Stocks Give Investors a Variety of Quality Options JD’s Earnings Could Mean Chinese Stocks Making a Comeback Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time Canada Goose Flies Higher Driven By DTC Growth What does consumer price index measure? CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax Inc. (NYSE:EFX – Free Report).

05/20 08:00 EST - https://www.defenseworld.net
First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD) Position Lessened by Meridian Wealth Management LLC
Meridian Wealth Management LLC reduced its stake in shares of First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Free Report) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,792 shares of the company’s stock after selling 515 shares during the quarter. Meridian Wealth Management LLC’s holdings in First Trust TCW Opportunistic Fixed Income ETF were worth $214,000 at the end of the most recent quarter. Several other large investors have also recently added to or reduced their stakes in FIXD. Sound Income Strategies LLC grew its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 942.8% during the fourth quarter. Sound Income Strategies LLC now owns 1,439 shares of the company’s stock worth $64,000 after acquiring an additional 1,301 shares during the last quarter. WMG Financial Advisors LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $204,000. KG&L Capital Management LLC acquired a new stake in shares of First Trust TCW Opportunistic Fixed Income ETF in the fourth quarter valued at approximately $216,000. Simplicity Wealth LLC raised its holdings in shares of First Trust TCW Opportunistic Fixed Income ETF by 11.9% during the fourth quarter. Simplicity Wealth LLC now owns 6,712 shares of the company’s stock valued at $299,000 after buying an additional 715 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its position in shares of First Trust TCW Opportunistic Fixed Income ETF by 290.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 7,800 shares of the company’s stock worth $348,000 after buying an additional 5,800 shares during the period. First Trust TCW Opportunistic Fixed Income ETF Price Performance Shares of FIXD stock opened at $43.02 on Monday. The business has a 50 day simple moving average of $42.94 and a 200 day simple moving average of $43.38. First Trust TCW Opportunistic Fixed Income ETF has a 12-month low of $40.86 and a 12-month high of $44.82. First Trust TCW Opportunistic Fixed Income ETF Announces Dividend The firm also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were issued a dividend of $0.155 per share. This represents a $1.86 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend was Tuesday, April 23rd. First Trust TCW Opportunistic Fixed Income ETF Profile (Free Report) The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed, broad-based, and broad-maturity bond fund that aims for a weighted average duration within 1 year of the Bloomberg US Aggregate Index. See Also Five stocks we like better than First Trust TCW Opportunistic Fixed Income ETF Best ESG Stocks: 11 Best Stocks for ESG Investing JD’s Earnings Could Mean Chinese Stocks Making a Comeback High Flyers: 3 Natural Gas Stocks for March 2022 Canada Goose Flies Higher Driven By DTC Growth The How And Why of Investing in Oil Stocks CVS Health Stock Has a Silver Lining Called Value Want to see what other hedge funds are holding FIXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust TCW Opportunistic Fixed Income ETF (NASDAQ:FIXD – Free Report).

05/20 08:00 EST - https://www.defenseworld.net
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.