Summary

78.37 -0.79(-1.00%)07/05/2024
Principal Financial Group Inc (PFG)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-1.05-0.10-1.64-7.33-3.013.4652.54535.57


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Trading Data
Close78.37
Open78.81
High79.14
Low77.87
Volume630,565
Change-0.83
Change %-1.05
Avg Volume (20 Days)622,031
Volume/Avg Volume (20 Days) Ratio1.01
52 Week Range66.21 - 86.79
Price vs 52 Week High-9.70%
Price vs 52 Week Low18.37%
Range-0.56
Gap Up/Down-1.51
Fundamentals
Market Capitalization (Mln)18,369
EBIDTA1,862,800,000
PE Ratio15.6935
PEG Ratio1.5000
WallStreet Target Price82.30
Book Value47.5910
Earnings Per Share5.3500
EPS Estimate Current Quarter1.7300
EPS Estimate Next Quarter1.9000
EPS Estimate Current Year7.5100
EPS Estimate Next Year8.4600
Diluted EPS (TTM)5.3500
Revenues
Profit Marging0.0870
Operating Marging (TTM)0.1511
Return on asset (TTM)0.0033
Return on equity (TTM)0.1208
Revenue TTM14,900,100,096
Revenue per share TTM62.2260
Quarterly Revenue Growth (YOY)0.4380
Quarterly Earnings Growth (YOY)-0.0230
Gross Profit (TTM)11,026,000,000
Dividends
Dividend Share2.6500
Dividend Yield0.0338
Valuations
Trailing PE15.6935
Forward PE10.5708
Price Sales (TTM)0.0000
Price Book (MRQ)1.7199
Revenue Enterprise Value 1.3215
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding234,384,000
Shares Float232,920,988
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.01
Insider (%)1.07
Institutions (%)73.74


06/28 08:06 EST - zacks.com
Reasons Why Investors Should Retain Principal Financial (PFG)
Principal Financial (PFG) remains poised to gain from favorable claims and disciplined expense management, positive net cash flow, growth in business and a solid capital position.
06/24 12:50 EST - zacks.com
Why Principal Financial (PFG) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?
06/11 19:30 EST - accesswire.com
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Principal Financial Group, Inc. (NASDAQ: PFG) and Encourages Investors to Contact the Firm
PHILADELPHIA, PA / ACCESSWIRE / June 11, 2024 / Kaskela Law LLC announces that it is investigating Principal Financial Group, Inc. (NASDAQ:PFG) ("Principal Financial") on behalf of the company's stockholders. The investigation seeks to determine whether Principal Financial and/or the company's officers and directors violated the securities laws or breached their fiduciary duties to the company's investors in connection with recent corporate actions.
06/07 12:45 EST - zacks.com
Principal Financial (PFG) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?
06/04 14:30 EST - businesswire.com
Principal® Direct Lending Business Launches Private Credit Fund
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset ManagementSM today launched the Principal Private Credit Fund I, offering exposure to lower and core middle market loans, with immediate access to these direct lending investments. The fund will target 90% plus exposure to private credit and offers investors enhanced yield and return potential through a disciplined credit investment process. This fund is managed by Principal Alternative Credit, the direct lending investment team of Principal As.
05/30 14:33 EST - seekingalpha.com
13 Upcoming Dividend Increases Including A King
PepsiCo announces a 7.1% increase in dividends, extending its 52-year streak of dividend growth. The overall group of companies featured in the article has an average dividend increase of 4.9% and a median increase of 4.4%. The article provides a table with information on dividend increases, ex-dividend dates, and additional metrics for the featured companies.
05/29 12:51 EST - businesswire.com
Principal® announces new 12-month Apprentice Program
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® has created the Principal® Apprentice Program (the Program), a 12-month immersive program that provides pathways to full-time employment at Principal for individuals without a four-year degree. The Program focuses on recruiting applicants who have completed career readiness programs through community colleges, nonprofits, and organizations that work with military veterans and their families. Apprentices are being hired into roles in.
05/29 10:56 EST - zacks.com
Why You Should Stay Invested in Principal Financial (PFG)
Principal Financial (PFG) is well-poised to grow on favorable claims and disciplined expense management, positive net cash flow, growth in business and a solid capital position.
05/22 12:52 EST - zacks.com
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?
05/20 08:22 EST - https://www.defenseworld.net
Principal Financial Group Inc. Sells 23,307 Shares of NVIDIA Co. (NASDAQ:NVDA)
Principal Financial Group Inc. trimmed its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,606,995 shares of the computer hardware maker’s stock after selling 23,307 shares during the quarter. NVIDIA comprises 1.1% of Principal Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding. Principal Financial Group Inc. owned 0.15% of NVIDIA worth $1,786,256,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors also recently modified their holdings of NVDA. LFA Lugano Financial Advisors SA acquired a new stake in NVIDIA in the fourth quarter valued at about $28,000. Criterion Capital Advisors LLC acquired a new stake in shares of NVIDIA in the 4th quarter valued at approximately $28,000. Your Advocates Ltd. LLP purchased a new stake in shares of NVIDIA in the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC grew its holdings in NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after acquiring an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC raised its position in NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after acquiring an additional 53 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors. NVIDIA Stock Performance NASDAQ NVDA opened at $924.79 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a 1-year low of $298.06 and a 1-year high of $974.00. The firm has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. The business’s 50-day simple moving average is $882.98 and its 200-day simple moving average is $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The firm had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. During the same period in the previous year, the company posted $0.65 earnings per share. NVIDIA’s revenue was up 265.3% compared to the same quarter last year. Equities analysts predict that NVIDIA Co. will post 22.9 EPS for the current year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.16 annualized dividend and a yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%. Insider Buying and Selling at NVIDIA In other news, insider Donald F. Robertson, Jr. sold 450 shares of the 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 completion of the sale, the insider now owns 49,815 shares in the company, valued at $45,412,350.30. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Donald F. Robertson, Jr. sold 450 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $911.62, for a total transaction of $410,229.00. Following the completion of the transaction, the insider now directly owns 49,815 shares of the company’s stock, valued at $45,412,350.30. The disclosure for this sale can be found here. Insiders have sold 61,278 shares of company stock valued at $52,689,898 over the last three months. 4.23% of the stock is owned by company insiders. Analysts Set New Price Targets A number of research firms have recently weighed in on NVDA. Sanford C. Bernstein upped their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Thursday, February 22nd. Jefferies Financial Group assumed coverage on shares of NVIDIA in a report on Monday, May 13th. They issued a “buy” rating and a $1,200.00 target price for the company. The Goldman Sachs Group boosted their price target on NVIDIA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. Wolfe Research upped their price target on NVIDIA from $630.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, February 22nd. Finally, Susquehanna reaffirmed a “positive” rating and set a $1,050.00 price objective on shares of NVIDIA in a report on Thursday, April 4th. Four investment analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $966.55. Check Out Our Latest Research Report on NVDA About NVIDIA (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.
05/20 08:04 EST - https://www.defenseworld.net
Watsco, Inc. (NYSE:WSO) Shares Sold by Avantax Advisory Services Inc.
Avantax Advisory Services Inc. reduced its position in shares of Watsco, Inc. (NYSE:WSO – Free Report) by 49.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,005 shares of the construction company’s stock after selling 1,947 shares during the period. Avantax Advisory Services Inc.’s holdings in Watsco were worth $859,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp raised its position in shares of Watsco by 7.3% during the 3rd quarter. Fifth Third Bancorp now owns 1,267 shares of the construction company’s stock valued at $479,000 after buying an additional 86 shares during the period. Teacher Retirement System of Texas grew its holdings in shares of Watsco by 2.8% during the 3rd quarter. Teacher Retirement System of Texas now owns 2,589 shares of the construction company’s stock worth $978,000 after purchasing an additional 71 shares during the period. M&T Bank Corp increased its position in shares of Watsco by 3.1% during the 3rd quarter. M&T Bank Corp now owns 1,989 shares of the construction company’s stock worth $751,000 after purchasing an additional 60 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Watsco by 0.4% in the 3rd quarter. Principal Financial Group Inc. now owns 142,955 shares of the construction company’s stock valued at $53,997,000 after buying an additional 568 shares during the period. Finally, Girard Partners LTD. lifted its position in Watsco by 4.6% in the third quarter. Girard Partners LTD. now owns 4,273 shares of the construction company’s stock valued at $1,614,000 after buying an additional 189 shares during the last quarter. 89.71% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets WSO has been the topic of a number of research analyst reports. Stephens reissued an “overweight” rating and issued a $500.00 price target on shares of Watsco in a research note on Thursday, April 25th. Robert W. Baird upped their price target on Watsco from $420.00 to $460.00 and gave the stock an “outperform” rating in a research note on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $404.25. Check Out Our Latest Stock Report on WSO Insider Buying and Selling at Watsco In other news, EVP Barry S. Logan sold 774 shares of Watsco stock in a transaction on Friday, May 10th. The shares were sold at an average price of $473.85, for a total transaction of $366,759.90. Following the completion of the sale, the executive vice president now directly owns 1,770 shares of the company’s stock, valued at approximately $838,714.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Barry S. Logan sold 774 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $473.85, for a total transaction of $366,759.90. Following the sale, the executive vice president now owns 1,770 shares of the company’s stock, valued at approximately $838,714.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Alexander Macdonald sold 5,334 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $466.41, for a total value of $2,487,830.94. The disclosure for this sale can be found here. Insiders own 12.86% of the company’s stock. Watsco Stock Performance NYSE:WSO opened at $477.62 on Monday. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 36.74 and a beta of 0.86. The company has a quick ratio of 1.31, a current ratio of 2.92 and a debt-to-equity ratio of 0.01. Watsco, Inc. has a 52 week low of $315.17 and a 52 week high of $488.70. The company has a fifty day simple moving average of $435.73 and a two-hundred day simple moving average of $411.27. Watsco (NYSE:WSO – Get Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The construction company reported $2.17 earnings per share for the quarter, missing the consensus estimate of $2.26 by ($0.09). The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Watsco had a return on equity of 19.26% and a net margin of 7.03%. Watsco’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $2.83 EPS. As a group, equities analysts anticipate that Watsco, Inc. will post 14.23 earnings per share for the current fiscal year. Watsco Increases Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th were issued a dividend of $2.70 per share. This represents a $10.80 annualized dividend and a yield of 2.26%. The ex-dividend date was Friday, April 12th. This is a boost from Watsco’s previous quarterly dividend of $2.45. Watsco’s payout ratio is 83.08%. Watsco Profile (Free Report) Watsco, Inc, together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.
05/20 07:56 EST - https://www.defenseworld.net
Chesapeake Energy Co. (NASDAQ:CHK) Shares Purchased by Panagora Asset Management Inc.
Panagora Asset Management Inc. raised its position in Chesapeake Energy Co. (NASDAQ:CHK – Free Report) by 112.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,474 shares of the company’s stock after buying an additional 20,910 shares during the period. Panagora Asset Management Inc.’s holdings in Chesapeake Energy were worth $3,037,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its position in Chesapeake Energy by 29.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,104,685 shares of the company’s stock worth $353,947,000 after acquiring an additional 936,169 shares during the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of Chesapeake Energy by 18.6% during the 3rd quarter. Lord Abbett & CO. LLC now owns 2,723,456 shares of the company’s stock worth $234,844,000 after purchasing an additional 426,560 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Chesapeake Energy by 190.8% in the third quarter. AQR Capital Management LLC now owns 620,462 shares of the company’s stock valued at $53,502,000 after purchasing an additional 407,082 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Chesapeake Energy by 229.0% in the third quarter. Principal Financial Group Inc. now owns 491,006 shares of the company’s stock valued at $42,339,000 after purchasing an additional 341,747 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Chesapeake Energy by 57.9% during the third quarter. Northern Trust Corp now owns 870,221 shares of the company’s stock worth $75,039,000 after buying an additional 319,021 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors. Chesapeake Energy Stock Performance NASDAQ CHK opened at $91.69 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.33 and a quick ratio of 2.33. The company has a market cap of $12.02 billion, a P/E ratio of 12.36 and a beta of 0.51. The stock has a 50-day moving average of $88.10 and a two-hundred day moving average of $82.23. Chesapeake Energy Co. has a 1-year low of $72.84 and a 1-year high of $93.58. Chesapeake Energy (NASDAQ:CHK – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.08). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $674.99 million. Chesapeake Energy had a net margin of 16.42% and a return on equity of 4.87%. During the same quarter last year, the firm posted $1.87 EPS. As a group, analysts anticipate that Chesapeake Energy Co. will post 1.15 EPS for the current year. Chesapeake Energy Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.715 per share. The ex-dividend date is Wednesday, May 15th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 3.12%. This is a positive change from Chesapeake Energy’s previous quarterly dividend of $0.58. Chesapeake Energy’s dividend payout ratio is currently 31.00%. Wall Street Analysts Forecast Growth A number of brokerages have issued reports on CHK. Jefferies Financial Group cut their target price on Chesapeake Energy from $118.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th. KeyCorp assumed coverage on shares of Chesapeake Energy in a research note on Thursday, April 4th. They set a “sector weight” rating on the stock. Truist Financial dropped their price target on shares of Chesapeake Energy from $119.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, April 5th. Stephens lifted their price target on shares of Chesapeake Energy from $116.00 to $117.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 1st. Finally, UBS Group increased their price objective on Chesapeake Energy from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.67. Check Out Our Latest Stock Report on Chesapeake Energy Chesapeake Energy Profile (Free Report) Chesapeake Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. Read More Five stocks we like better than Chesapeake Energy 3 REITs to Buy and Hold for the Long Term JD’s Earnings Could Mean Chinese Stocks Making a Comeback Consumer Discretionary Stocks Explained Canada Goose Flies Higher Driven By DTC Growth How to Invest in Small Cap Stocks CVS Health Stock Has a Silver Lining Called Value
05/20 07:32 EST - https://www.defenseworld.net
Quadrant Capital Group LLC Buys 247 Shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP)
Quadrant Capital Group LLC increased its stake in shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP – Free Report) by 20.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,447 shares of the technology company’s stock after buying an additional 247 shares during the quarter. Quadrant Capital Group LLC’s holdings in Check Point Software Technologies were worth $221,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC grew its stake in shares of Check Point Software Technologies by 3.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 4,969 shares of the technology company’s stock worth $805,000 after acquiring an additional 163 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Check Point Software Technologies by 9.9% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 3,570 shares of the technology company’s stock worth $545,000 after purchasing an additional 322 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Check Point Software Technologies by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,717 shares of the technology company’s stock valued at $262,000 after buying an additional 109 shares during the last quarter. Boston Partners lifted its position in shares of Check Point Software Technologies by 5.0% during the 4th quarter. Boston Partners now owns 3,204,519 shares of the technology company’s stock worth $489,700,000 after buying an additional 151,657 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Check Point Software Technologies by 69.3% in the 4th quarter. Principal Financial Group Inc. now owns 27,026 shares of the technology company’s stock worth $4,129,000 after buying an additional 11,064 shares during the last quarter. 87.62% of the stock is owned by hedge funds and other institutional investors. Check Point Software Technologies Stock Performance Shares of CHKP opened at $151.13 on Monday. The stock has a market capitalization of $17.06 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 2.45 and a beta of 0.64. Check Point Software Technologies Ltd. has a 52-week low of $118.21 and a 52-week high of $168.82. The stock’s 50-day simple moving average is $158.95 and its 200 day simple moving average is $154.91. Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported $1.72 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.72. The firm had revenue of $598.80 million for the quarter, compared to the consensus estimate of $595.28 million. Check Point Software Technologies had a net margin of 34.33% and a return on equity of 31.42%. On average, research analysts forecast that Check Point Software Technologies Ltd. will post 7.79 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of brokerages recently commented on CHKP. Scotiabank increased their price target on Check Point Software Technologies from $170.00 to $180.00 and gave the company a “sector outperform” rating in a research report on Wednesday, February 7th. Barclays raised their target price on Check Point Software Technologies from $170.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Susquehanna boosted their price target on shares of Check Point Software Technologies from $190.00 to $200.00 and gave the stock a “positive” rating in a report on Wednesday, February 7th. Mizuho restated a “neutral” rating and set a $160.00 price objective on shares of Check Point Software Technologies in a report on Wednesday, March 27th. Finally, TD Cowen boosted their target price on shares of Check Point Software Technologies from $180.00 to $205.00 and gave the company an “outperform” rating in a research note on Monday, March 18th. Thirteen analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $169.18. Read Our Latest Stock Report on Check Point Software Technologies About Check Point Software Technologies (Free Report) Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.
05/20 07:28 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Invests $204,000 in SPDR S&P Insurance ETF (NYSEARCA:KIE)
Meridian Wealth Management LLC bought a new stake in shares of SPDR S&P Insurance ETF (NYSEARCA:KIE – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,505 shares of the exchange traded fund’s stock, valued at approximately $204,000. Other institutional investors have also recently added to or reduced their stakes in the company. Advisors Preferred LLC purchased a new position in shares of SPDR S&P Insurance ETF in the fourth quarter valued at approximately $44,000. National Bank of Canada FI acquired a new stake in SPDR S&P Insurance ETF during the 4th quarter worth $70,000. International Assets Investment Management LLC acquired a new stake in SPDR S&P Insurance ETF during the 4th quarter worth $176,000. Private Portfolio Partners LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at about $200,000. Finally, PFG Investments LLC acquired a new stake in shares of SPDR S&P Insurance ETF in the fourth quarter valued at about $216,000. SPDR S&P Insurance ETF Trading Up 0.9 % KIE opened at $51.83 on Monday. The firm has a market capitalization of $725.62 million, a PE ratio of 15.18 and a beta of 0.58. SPDR S&P Insurance ETF has a twelve month low of $38.04 and a twelve month high of $52.26. The firm’s 50-day moving average price is $50.23 and its 200 day moving average price is $47.67. SPDR S&P Insurance ETF Profile (Free Report) The SPDR S&P Insurance ETF (the Fund), formerly SPDR KBW Insurance ETF, seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests all, but at least 80%, of its total assets in the securities comprising the Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index. Read More Five stocks we like better than SPDR S&P Insurance ETF What Makes a Stock a Good Dividend Stock? JD’s Earnings Could Mean Chinese Stocks Making a Comeback Market Cap Calculator: How to Calculate Market Cap Canada Goose Flies Higher Driven By DTC Growth 3 Fintech Stocks With Good 2021 Prospects CVS Health Stock Has a Silver Lining Called Value
05/20 07:26 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Decreases Stock Holdings in PPG Industries, Inc. (NYSE:PPG)
Meridian Wealth Management LLC lessened its holdings in PPG Industries, Inc. (NYSE:PPG – Free Report) by 52.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,198 shares of the specialty chemicals company’s stock after selling 2,452 shares during the period. Meridian Wealth Management LLC’s holdings in PPG Industries were worth $329,000 at the end of the most recent quarter. A number of other hedge funds also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its position in PPG Industries by 47.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 19,777 shares of the specialty chemicals company’s stock worth $2,567,000 after buying an additional 6,352 shares during the last quarter. Allworth Financial LP grew its holdings in PPG Industries by 76.6% during the 3rd quarter. Allworth Financial LP now owns 696 shares of the specialty chemicals company’s stock valued at $90,000 after purchasing an additional 302 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in shares of PPG Industries by 13.1% during the third quarter. Daiwa Securities Group Inc. now owns 21,541 shares of the specialty chemicals company’s stock valued at $2,796,000 after buying an additional 2,494 shares during the period. Venturi Wealth Management LLC raised its holdings in shares of PPG Industries by 5.4% in the third quarter. Venturi Wealth Management LLC now owns 2,307 shares of the specialty chemicals company’s stock worth $299,000 after buying an additional 119 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in shares of PPG Industries by 1.1% during the 3rd quarter. Principal Financial Group Inc. now owns 702,314 shares of the specialty chemicals company’s stock worth $91,160,000 after acquiring an additional 7,545 shares during the last quarter. Hedge funds and other institutional investors own 81.86% of the company’s stock. PPG Industries Stock Down 0.3 % NYSE PPG opened at $134.44 on Monday. The business has a fifty day moving average price of $136.98 and a 200 day moving average price of $139.85. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.08 and a current ratio of 1.55. The company has a market cap of $31.53 billion, a P/E ratio of 22.71, a P/E/G ratio of 1.67 and a beta of 1.30. PPG Industries, Inc. has a one year low of $120.32 and a one year high of $152.89. PPG Industries (NYSE:PPG – Get Free Report) last posted its quarterly earnings results on Friday, April 19th. The specialty chemicals company reported $1.86 earnings per share for the quarter, hitting the consensus estimate of $1.86. The firm had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.43 billion. PPG Industries had a net margin of 7.74% and a return on equity of 22.98%. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period last year, the firm posted $1.82 earnings per share. Research analysts anticipate that PPG Industries, Inc. will post 8.44 EPS for the current fiscal year. PPG Industries declared that its Board of Directors has initiated a share repurchase program on Thursday, April 18th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the specialty chemicals company to reacquire up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued. PPG Industries Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend is Thursday, May 9th. PPG Industries’s dividend payout ratio is presently 43.92%. Insider Buying and Selling In related news, CFO Vincent J. Morales sold 3,400 shares of the stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $140.94, for a total transaction of $479,196.00. Following the transaction, the chief financial officer now owns 28,439 shares of the company’s stock, valued at approximately $4,008,192.66. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Timothy M. Knavish acquired 2,061 shares of the business’s stock in a transaction dated Wednesday, May 8th. The shares were acquired at an average price of $133.24 per share, with a total value of $274,607.64. Following the completion of the transaction, the chief executive officer now owns 35,833 shares of the company’s stock, valued at $4,774,388.92. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Vincent J. Morales sold 3,400 shares of PPG Industries stock in a transaction on Friday, March 1st. The shares were sold at an average price of $140.94, for a total value of $479,196.00. Following the completion of the transaction, the chief financial officer now owns 28,439 shares of the company’s stock, valued at $4,008,192.66. The disclosure for this sale can be found here. 0.56% of the stock is currently owned by corporate insiders. Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on the stock. Evercore ISI lowered shares of PPG Industries from an “outperform” rating to an “in-line” rating and set a $152.00 price objective for the company. in a report on Monday, April 22nd. Bank of America dropped their price target on PPG Industries from $167.00 to $164.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Citigroup lowered their price objective on shares of PPG Industries from $170.00 to $161.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th. Wolfe Research started coverage on shares of PPG Industries in a research report on Friday, March 1st. They issued a “peer perform” rating for the company. Finally, StockNews.com raised shares of PPG Industries from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $155.47. Get Our Latest Stock Analysis on PPG Industries PPG Industries Profile (Free Report) PPG Industries, Inc manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through two segments, Performance Coatings and Industrial Coatings. The Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; wood stains; paints, thermoplastics, pavement marking products, and other advanced technologies for pavement marking for government, commercial infrastructure, painting, and maintenance contractors; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft.
05/20 07:26 EST - https://www.defenseworld.net
W.W. Grainger, Inc. (NYSE:GWW) Stake Lowered by Meridian Wealth Management LLC
Meridian Wealth Management LLC trimmed its holdings in W.W. Grainger, Inc. (NYSE:GWW – Free Report) by 55.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 378 shares of the industrial products company’s stock after selling 474 shares during the period. Meridian Wealth Management LLC’s holdings in W.W. Grainger were worth $313,000 as of its most recent SEC filing. A number of other institutional investors have also made changes to their positions in GWW. Daiwa Securities Group Inc. grew its holdings in shares of W.W. Grainger by 6.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 4,304 shares of the industrial products company’s stock worth $2,978,000 after purchasing an additional 278 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of W.W. Grainger by 0.3% in the 3rd quarter. Principal Financial Group Inc. now owns 60,871 shares of the industrial products company’s stock valued at $42,113,000 after purchasing an additional 202 shares during the last quarter. California Public Employees Retirement System boosted its stake in W.W. Grainger by 3.4% in the third quarter. California Public Employees Retirement System now owns 130,081 shares of the industrial products company’s stock valued at $89,995,000 after acquiring an additional 4,280 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its holdings in W.W. Grainger by 7.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 957 shares of the industrial products company’s stock worth $662,000 after acquiring an additional 68 shares during the period. Finally, West Coast Financial LLC boosted its position in shares of W.W. Grainger by 38.8% in the 3rd quarter. West Coast Financial LLC now owns 13,392 shares of the industrial products company’s stock worth $9,265,000 after purchasing an additional 3,742 shares during the last quarter. 80.70% of the stock is currently owned by institutional investors. Insider Activity In related news, VP Paige K. Robbins sold 3,813 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $968.88, for a total transaction of $3,694,339.44. Following the completion of the transaction, the vice president now directly owns 4,909 shares in the company, valued at approximately $4,756,231.92. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 9.50% of the stock is currently owned by corporate insiders. W.W. Grainger Stock Down 0.2 % W.W. Grainger stock opened at $945.66 on Monday. W.W. Grainger, Inc. has a fifty-two week low of $641.95 and a fifty-two week high of $1,034.18. The firm has a market capitalization of $46.40 billion, a PE ratio of 26.11, a P/E/G ratio of 1.85 and a beta of 1.18. The company’s 50-day moving average is $972.40 and its 200-day moving average is $900.46. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.19 and a quick ratio of 1.33. W.W. Grainger (NYSE:GWW – Get Free Report) last posted its quarterly earnings data on Thursday, April 25th. The industrial products company reported $9.62 EPS for the quarter, topping analysts’ consensus estimates of $9.57 by $0.05. W.W. Grainger had a return on equity of 54.31% and a net margin of 10.94%. The firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.26 billion. During the same quarter last year, the company earned $9.61 EPS. The company’s revenue was up 3.5% on a year-over-year basis. Sell-side analysts anticipate that W.W. Grainger, Inc. will post 39.34 earnings per share for the current year. W.W. Grainger Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Saturday, June 1st. Stockholders of record on Monday, May 13th will be issued a $2.05 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $8.20 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from W.W. Grainger’s previous quarterly dividend of $1.86. W.W. Grainger’s dividend payout ratio is 22.64%. Wall Street Analyst Weigh In A number of equities analysts have issued reports on GWW shares. UBS Group increased their target price on W.W. Grainger from $740.00 to $1,000.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. Stephens raised shares of W.W. Grainger from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $1,000.00 to $1,250.00 in a research note on Monday, April 29th. Oppenheimer boosted their price objective on shares of W.W. Grainger from $1,075.00 to $1,125.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 5th. Royal Bank of Canada raised their target price on shares of W.W. Grainger from $809.00 to $907.00 and gave the company a “sector perform” rating in a research report on Monday, February 5th. Finally, StockNews.com raised shares of W.W. Grainger from a “hold” rating to a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, W.W. Grainger has a consensus rating of “Hold” and a consensus price target of $938.89. Get Our Latest Stock Report on GWW About W.W. Grainger (Free Report) W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools. Read More Five stocks we like better than W.W. Grainger Industrial Products Stocks Investing JD’s Earnings Could Mean Chinese Stocks Making a Comeback What is a Bond Market Holiday? How to Invest and Trade Canada Goose Flies Higher Driven By DTC Growth What Are Trending Stocks? Trending Stocks Explained CVS Health Stock Has a Silver Lining Called Value
05/20 07:26 EST - https://www.defenseworld.net
Foundations Investment Advisors LLC Invests $274,000 in GitLab Inc. (NASDAQ:GTLB)
Foundations Investment Advisors LLC acquired a new stake in shares of GitLab Inc. (NASDAQ:GTLB – 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 4,358 shares of the company’s stock, valued at approximately $274,000. Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in shares of GitLab by 23.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 500,196 shares of the company’s stock valued at $22,619,000 after acquiring an additional 96,322 shares during the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of GitLab during the 3rd quarter valued at $1,876,000. Teacher Retirement System of Texas grew its position in GitLab by 10.7% in the third quarter. Teacher Retirement System of Texas now owns 5,602 shares of the company’s stock worth $253,000 after acquiring an additional 542 shares in the last quarter. Principal Financial Group Inc. lifted its stake in GitLab by 86.0% during the third quarter. Principal Financial Group Inc. now owns 10,856 shares of the company’s stock worth $491,000 after purchasing an additional 5,018 shares during the last quarter. Finally, Capula Management Ltd purchased a new position in shares of GitLab in the 3rd quarter worth about $495,000. 91.72% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes GTLB has been the topic of a number of research reports. Sanford C. Bernstein raised their price objective on GitLab from $71.00 to $76.00 and gave the company an “outperform” rating in a report on Tuesday, March 5th. Royal Bank of Canada restated an “outperform” rating and issued a $80.00 price objective on shares of GitLab in a report on Tuesday, March 5th. Mizuho reduced their target price on shares of GitLab from $75.00 to $70.00 and set a “buy” rating on the stock in a report on Friday. TD Cowen lowered their price target on shares of GitLab from $80.00 to $76.00 and set an “outperform” rating for the company in a research note on Tuesday, March 5th. Finally, Truist Financial reaffirmed a “buy” rating and set a $80.00 price objective on shares of GitLab in a research note on Monday, April 1st. Three analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $70.50. Read Our Latest Analysis on GitLab GitLab Stock Down 0.4 % GitLab stock opened at $56.26 on Monday. GitLab Inc. has a fifty-two week low of $31.56 and a fifty-two week high of $78.53. The stock’s 50 day simple moving average is $55.71 and its two-hundred day simple moving average is $59.43. GitLab (NASDAQ:GTLB – Get Free Report) last posted its quarterly earnings data on Monday, March 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. The business had revenue of $163.80 million for the quarter, compared to analyst estimates of $157.89 million. GitLab had a negative net margin of 73.14% and a negative return on equity of 18.26%. GitLab’s quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. Sell-side analysts forecast that GitLab Inc. will post -0.96 earnings per share for the current year. Insider Buying and Selling In other GitLab news, CAO Erin Mannix sold 958 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $59.53, for a total transaction of $57,029.74. Following the sale, the chief accounting officer now directly owns 74,908 shares in the company, valued at approximately $4,459,273.24. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other GitLab news, insider Robin Schulman sold 2,425 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $58.75, for a total transaction of $142,468.75. Following the completion of the sale, the insider now directly owns 55,150 shares in the company, valued at approximately $3,240,062.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Erin Mannix sold 958 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $59.53, for a total value of $57,029.74. Following the completion of the transaction, the chief accounting officer now owns 74,908 shares in the company, valued at $4,459,273.24. The disclosure for this sale can be found here. Insiders sold a total of 433,383 shares of company stock worth $23,632,528 in the last three months. Insiders own 21.36% of the company’s stock. GitLab Profile (Free Report) GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.
05/20 07:20 EST - https://www.defenseworld.net
Vanguard Personalized Indexing Management LLC Increases Stock Holdings in FTI Consulting, Inc. (NYSE:FCN)
Vanguard Personalized Indexing Management LLC grew its holdings in FTI Consulting, Inc. (NYSE:FCN – Free Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,213 shares of the business services provider’s stock after acquiring an additional 737 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in FTI Consulting were worth $1,038,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. grew its position in FTI Consulting by 3.7% during the 4th quarter. Principal Financial Group Inc. now owns 130,473 shares of the business services provider’s stock worth $25,984,000 after purchasing an additional 4,668 shares during the last quarter. Teacher Retirement System of Texas grew its stake in FTI Consulting by 142.7% during the 4th quarter. Teacher Retirement System of Texas now owns 6,370 shares of the business services provider’s stock valued at $1,269,000 after purchasing an additional 3,745 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of FTI Consulting by 4.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 415,928 shares of the business services provider’s stock valued at $82,832,000 after purchasing an additional 17,796 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of FTI Consulting in the fourth quarter valued at about $910,000. Finally, Amalgamated Bank lifted its holdings in shares of FTI Consulting by 0.3% during the fourth quarter. Amalgamated Bank now owns 23,746 shares of the business services provider’s stock worth $4,729,000 after purchasing an additional 63 shares during the period. Institutional investors and hedge funds own 99.36% of the company’s stock. Insider Buying and Selling at FTI Consulting In other FTI Consulting news, Director Brenda J. Bacon bought 1,120 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were purchased at an average price of $222.96 per share, for a total transaction of $249,715.20. Following the transaction, the director now directly owns 15,292 shares of the company’s stock, valued at approximately $3,409,504.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other FTI Consulting news, insider Paul Alderman Linton sold 27,000 shares of the business’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $206.10, for a total transaction of $5,564,700.00. Following the completion of the sale, the insider now directly owns 44,284 shares in the company, valued at approximately $9,126,932.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Brenda J. Bacon bought 1,120 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was purchased at an average price of $222.96 per share, for a total transaction of $249,715.20. Following the transaction, the director now owns 15,292 shares of the company’s stock, valued at $3,409,504.32. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 86,326 shares of company stock valued at $18,449,373. Company insiders own 2.51% of the company’s stock. FTI Consulting Trading Up 0.6 % FTI Consulting stock opened at $223.10 on Monday. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.10. The firm has a market cap of $7.96 billion, a PE ratio of 25.94 and a beta of 0.10. The stock’s 50 day simple moving average is $211.21 and its two-hundred day simple moving average is $207.98. FTI Consulting, Inc. has a 12 month low of $171.81 and a 12 month high of $232.15. FTI Consulting (NYSE:FCN – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The business services provider reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.47. FTI Consulting had a net margin of 8.51% and a return on equity of 15.97%. The business had revenue of $928.60 million during the quarter, compared to the consensus estimate of $901.77 million. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The company’s revenue was up 15.1% compared to the same quarter last year. Analysts anticipate that FTI Consulting, Inc. will post 8.22 earnings per share for the current year. Wall Street Analysts Forecast Growth Several brokerages recently weighed in on FCN. StockNews.com downgraded shares of FTI Consulting from a “buy” rating to a “hold” rating in a report on Friday, April 26th. William Blair reaffirmed an “outperform” rating on shares of FTI Consulting in a report on Friday, April 26th. Finally, Truist Financial lifted their price objective on FTI Consulting from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. View Our Latest Stock Analysis on FTI Consulting FTI Consulting Company Profile (Free Report) FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.
05/20 07:20 EST - https://www.defenseworld.net
Principal Financial Group Inc. Reduces Stock Holdings in Cboe Global Markets, Inc. (BATS:CBOE)
Principal Financial Group Inc. reduced its position in Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,479 shares of the company’s stock after selling 4,178 shares during the quarter. Principal Financial Group Inc. owned approximately 0.14% of Cboe Global Markets worth $25,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds have also recently made changes to their positions in CBOE. NBC Securities Inc. purchased a new position in Cboe Global Markets in the 3rd quarter valued at approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets during the 4th quarter worth about $30,000. Allworth Financial LP boosted its stake in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the period. ORG Partners LLC bought a new position in Cboe Global Markets in the 4th quarter worth about $31,000. Finally, BKM Wealth Management LLC purchased a new position in Cboe Global Markets during the 4th quarter valued at about $33,000. 81.73% of the stock is currently owned by institutional investors. Insider Transactions at Cboe Global Markets In related news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the transaction, the executive vice president now owns 4,656 shares in the company, valued at $861,639.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total value of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock. Analysts Set New Price Targets CBOE has been the subject of a number of analyst reports. Bank of America raised their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Rosenblatt Securities upped their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays upped their target price on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Finally, Oppenheimer reiterated an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research report on Monday, May 6th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $191.00. Read Our Latest Analysis on CBOE Cboe Global Markets Stock Up 1.1 % BATS CBOE opened at $183.51 on Monday. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The stock has a market capitalization of $19.46 billion, a PE ratio of 94.59 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business’s 50-day moving average is $180.85 and its 200 day moving average is $181.11. Cboe Global Markets (BATS:CBOE – Get Free Report) last issued its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period last year, the company earned $1.90 EPS. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year. Cboe Global Markets Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $0.55 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.20%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%. About Cboe Global Markets (Free Report) Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. Read More Five stocks we like better than Cboe Global Markets Special Purpose Acquisition Company (SPAC) What You Need to Know MarketBeat Week in Review – 5/13 – 5/17 3 Home Improvement Stocks that Can Upgrade Your Portfolio Take-Two Interactive Software Offers 2nd Chance for Investors CD Calculator: Certificate of Deposit Calculator Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
05/20 07:20 EST - https://www.defenseworld.net
Principal Financial Group Inc. Sells 3,687 Shares of Science Applications International Co. (NYSE:SAIC)
Principal Financial Group Inc. decreased its holdings in Science Applications International Co. (NYSE:SAIC – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 194,349 shares of the information technology services provider’s stock after selling 3,687 shares during the quarter. Principal Financial Group Inc. owned 0.37% of Science Applications International worth $24,161,000 at the end of the most recent reporting period. Several other large investors also recently added to or reduced their stakes in the business. Treasurer of the State of North Carolina boosted its stake in shares of Science Applications International by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 24,376 shares of the information technology services provider’s stock worth $2,573,000 after acquiring an additional 123 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Science Applications International by 17.5% during the third quarter. Parkside Financial Bank & Trust now owns 1,082 shares of the information technology services provider’s stock valued at $114,000 after purchasing an additional 161 shares in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in Science Applications International by 1.9% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 8,857 shares of the information technology services provider’s stock valued at $1,101,000 after purchasing an additional 163 shares during the period. Panagora Asset Management Inc. increased its position in Science Applications International by 4.5% in the third quarter. Panagora Asset Management Inc. now owns 3,969 shares of the information technology services provider’s stock worth $419,000 after buying an additional 171 shares in the last quarter. Finally, Contravisory Investment Management Inc. bought a new position in shares of Science Applications International in the fourth quarter worth about $25,000. 76.00% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several equities research analysts recently issued reports on SAIC shares. StockNews.com raised shares of Science Applications International from a “hold” rating to a “buy” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. decreased their price objective on shares of Science Applications International from $142.00 to $140.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 19th. Truist Financial reaffirmed a “hold” rating and issued a $130.00 target price on shares of Science Applications International in a report on Friday, April 12th. Wells Fargo & Company raised their price target on Science Applications International from $141.00 to $143.00 and gave the company an “equal weight” rating in a report on Tuesday, March 19th. Finally, The Goldman Sachs Group cut their target price on Science Applications International from $113.00 to $110.00 and set a “sell” rating for the company in a research report on Thursday, February 29th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $127.60. Get Our Latest Research Report on SAIC Science Applications International Stock Up 0.1 % SAIC opened at $136.75 on Monday. The company has a market capitalization of $7.01 billion, a PE ratio of 15.45 and a beta of 0.70. The firm has a 50-day simple moving average of $130.69 and a two-hundred day simple moving average of $128.07. The company has a quick ratio of 0.97, a current ratio of 0.98 and a debt-to-equity ratio of 1.13. Science Applications International Co. has a 52 week low of $95.43 and a 52 week high of $145.17. Science Applications International (NYSE:SAIC – Get Free Report) last announced its quarterly earnings results on Monday, March 18th. The information technology services provider reported $1.43 EPS for the quarter, missing analysts’ consensus estimates of $1.44 by ($0.01). Science Applications International had a net margin of 6.41% and a return on equity of 23.73%. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the company posted $2.04 earnings per share. Science Applications International’s quarterly revenue was down 11.7% on a year-over-year basis. Analysts forecast that Science Applications International Co. will post 8.11 earnings per share for the current fiscal year. Science Applications International Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Friday, April 12th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Thursday, April 11th. Science Applications International’s dividend payout ratio is presently 16.72%. Insider Activity at Science Applications International In other Science Applications International news, EVP Vincent P. Difronzo acquired 795 shares of the company’s stock in a transaction on Friday, April 12th. The stock was acquired at an average cost of $126.04 per share, with a total value of $100,201.80. Following the purchase, the executive vice president now directly owns 8,772 shares of the company’s stock, valued at approximately $1,105,622.88. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Toni Townes-Whitley purchased 3,000 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The shares were bought at an average price of $125.96 per share, for a total transaction of $377,880.00. Following the acquisition, the chief executive officer now owns 46,795 shares of the company’s stock, valued at approximately $5,894,298.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Vincent P. Difronzo acquired 795 shares of the company’s stock in a transaction on Friday, April 12th. The shares were purchased at an average cost of $126.04 per share, with a total value of $100,201.80. Following the completion of the purchase, the executive vice president now directly owns 8,772 shares of the company’s stock, valued at $1,105,622.88. The disclosure for this purchase can be found here. 0.67% of the stock is owned by insiders. About Science Applications International (Free Report) Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.