Commercial Metals (NYSE:CMC – Get Rating) has been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $51.14.
→ Free ebook: The Ultimate Guide to Investing in the Stock Market (From Vector Vest)
Several brokerages recently weighed in on CMC. Bank of America began coverage on shares of Commercial Metals in a report on Wednesday, January 4th. They issued a “neutral” rating and a $55.00 price target on the stock. BMO Capital Markets raised their target price on Commercial Metals from $49.00 to $56.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 10th. Citigroup raised their price objective on Commercial Metals from $42.00 to $44.00 and gave the stock a “neutral” rating in a research report on Friday, October 14th. The Goldman Sachs Group lifted their target price on Commercial Metals from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Tuesday, January 10th. Finally, StockNews.com raised Commercial Metals from a “hold” rating to a “buy” rating in a research report on Wednesday.
Insider Activity
In related news, SVP Ty L. Garrison sold 6,900 shares of Commercial Metals stock in a transaction on Monday, October 31st. The stock was sold at an average price of $45.76, for a total transaction of $315,744.00. Following the completion of the sale, the senior vice president now owns 124,508 shares of the company’s stock, valued at $5,697,486.08. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, CEO Barbara Smith sold 150,000 shares of the business’s stock in a transaction dated Tuesday, January 3rd. The stock was sold at an average price of $48.11, for a total transaction of $7,216,500.00. Following the transaction, the chief executive officer now directly owns 227,651 shares in the company, valued at $10,952,289.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ty L. Garrison sold 6,900 shares of Commercial Metals stock in a transaction that occurred on Monday, October 31st. The shares were sold at an average price of $45.76, for a total value of $315,744.00. Following the sale, the senior vice president now directly owns 124,508 shares in the company, valued at $5,697,486.08. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 162,400 shares of company stock worth $7,804,384. 1.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in Commercial Metals by 81.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 230,568 shares of the basic materials company’s stock worth $7,632,000 after purchasing an additional 103,438 shares during the period. Xponance Inc. increased its holdings in shares of Commercial Metals by 7.2% during the second quarter. Xponance Inc. now owns 18,904 shares of the basic materials company’s stock worth $626,000 after purchasing an additional 1,274 shares during the period. Verition Fund Management LLC bought a new position in Commercial Metals in the second quarter valued at approximately $655,000. Kornitzer Capital Management Inc. KS increased its stake in Commercial Metals by 9.7% in the second quarter. Kornitzer Capital Management Inc. KS now owns 26,995 shares of the basic materials company’s stock valued at $894,000 after acquiring an additional 2,395 shares during the last quarter. Finally, Bailard Inc. acquired a new stake in Commercial Metals in the third quarter valued at approximately $482,000. Institutional investors and hedge funds own 84.30% of the company’s stock.
Commercial Metals Price Performance
CMC stock opened at $52.15 on Friday. The stock has a market cap of $6.12 billion, a PE ratio of 5.08 and a beta of 1.29. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.99 and a quick ratio of 1.97. Commercial Metals has a one year low of $31.47 and a one year high of $56.88. The firm has a 50 day simple moving average of $49.60 and a two-hundred day simple moving average of $43.45.
Commercial Metals Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 2nd. Investors of record on Thursday, January 19th will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.23%. The ex-dividend date is Wednesday, January 18th. Commercial Metals’s dividend payout ratio is currently 6.24%.
Commercial Metals Company Profile
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Commercial Metals, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Commercial Metals wasn’t on the list.
While Commercial Metals currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Americold Realty Trust, Inc. (NYSE:COLD – Get Rating) has been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $31.94.
Several analysts have recently weighed in on COLD shares. Bank of America upgraded Americold Realty Trust from a “neutral” rating to a “buy” rating and upped their price objective for the company from $27.50 to $33.50 in a report on Monday, November 14th. Royal Bank of Canada reduced their target price on Americold Realty Trust from $34.00 to $28.00 and set a “sector perform” rating for the company in a report on Wednesday, October 19th. BNP Paribas began coverage on Americold Realty Trust in a report on Wednesday, December 14th. They set an “outperform” rating and a $38.00 target price for the company. Finally, Exane BNP Paribas initiated coverage on Americold Realty Trust in a report on Wednesday, December 14th. They set an “outperform” rating for the company.
Americold Realty Trust Trading Down 0.7 %
Shares of Americold Realty Trust stock opened at $31.18 on Monday. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.14. The firm has a market cap of $8.40 billion, a price-to-earnings ratio of -283.45, a price-to-earnings-growth ratio of 3.46 and a beta of 0.46. The business has a fifty day simple moving average of $29.01 and a 200-day simple moving average of $28.68. Americold Realty Trust has a fifty-two week low of $21.49 and a fifty-two week high of $32.99.
Americold Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Friday, December 30th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Thursday, December 29th. Americold Realty Trust’s payout ratio is currently -800.00%.
Insiders Place Their Bets
In other Americold Realty Trust news, EVP James C. Snyder, Jr. sold 3,400 shares of the company’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $29.86, for a total value of $101,524.00. Following the transaction, the executive vice president now directly owns 36,812 shares of the company’s stock, valued at approximately $1,099,206.32. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.18% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Venture Visionary Partners LLC acquired a new position in Americold Realty Trust in the 2nd quarter worth about $27,000. Lazard Asset Management LLC acquired a new position in shares of Americold Realty Trust during the 3rd quarter valued at about $26,000. Wipfli Financial Advisors LLC acquired a new position in shares of Americold Realty Trust during the 3rd quarter valued at about $45,000. SeaCrest Wealth Management LLC acquired a new position in shares of Americold Realty Trust during the 2nd quarter valued at about $69,000. Finally, Quadrant Capital Group LLC increased its holdings in shares of Americold Realty Trust by 144.2% during the 2nd quarter. Quadrant Capital Group LLC now owns 3,363 shares of the company’s stock valued at $101,000 after acquiring an additional 1,986 shares during the last quarter. 98.98% of the stock is owned by institutional investors and hedge funds.
About Americold Realty Trust
Americold Realty Trust, Inc is a real estate investment trust, which focuses on the ownership, operation, development, and acquisition of temperature-controlled warehouses. It operates through the following segments: Warehouse, Third-Party Managed, Transportation, and Other. The Warehouse segment collects rent and storage fees from customers to store frozen and perishable food and other products within the firm’s real estate portfolio.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Americold Realty Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Americold Realty Trust wasn’t on the list.
While Americold Realty Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Brown & Brown, Inc. (NYSE:BRO – Get Rating) has earned a consensus rating of “Hold” from the ten analysts that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $66.33.
BRO has been the topic of several recent research reports. Morgan Stanley reduced their price target on Brown & Brown from $69.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 22nd. Wells Fargo & Company dropped their price objective on Brown & Brown from $66.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, October 26th. Jefferies Financial Group raised their target price on Brown & Brown from $70.00 to $74.00 and gave the company a “buy” rating in a research note on Friday, October 7th. UBS Group lowered their target price on Brown & Brown to $62.00 in a research note on Friday, November 4th. Finally, Citigroup started coverage on Brown & Brown in a research note on Wednesday, December 14th. They issued a “neutral” rating and a $62.00 target price for the company.
Institutional Trading of Brown & Brown
A number of institutional investors and hedge funds have recently modified their holdings of the business. My Personal CFO LLC bought a new stake in shares of Brown & Brown in the fourth quarter worth $25,000. Clear Street Markets LLC grew its holdings in shares of Brown & Brown by 407.3% in the second quarter. Clear Street Markets LLC now owns 487 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 391 shares during the period. Parkside Financial Bank & Trust grew its holdings in shares of Brown & Brown by 259.0% in the second quarter. Parkside Financial Bank & Trust now owns 499 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 360 shares during the period. Quent Capital LLC grew its holdings in shares of Brown & Brown by 82.2% in the second quarter. Quent Capital LLC now owns 503 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 227 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Brown & Brown by 2,485.0% in the second quarter. Allworth Financial LP now owns 517 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 497 shares during the period. Institutional investors own 69.52% of the company’s stock.
Brown & Brown Price Performance
Shares of NYSE BRO opened at $61.27 on Friday. The firm has a market capitalization of $17.35 billion, a P/E ratio of 27.72 and a beta of 0.74. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.94. The stock’s 50-day simple moving average is $57.70 and its two-hundred day simple moving average is $60.53. Brown & Brown has a twelve month low of $52.91 and a twelve month high of $74.00.
Brown & Brown (NYSE:BRO – Get Rating) last announced its earnings results on Monday, October 24th. The financial services provider reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.10). The business had revenue of $927.60 million during the quarter, compared to the consensus estimate of $943.59 million. Brown & Brown had a return on equity of 14.67% and a net margin of 18.42%. Brown & Brown’s revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.58 earnings per share. As a group, equities analysts anticipate that Brown & Brown will post 2.24 EPS for the current fiscal year.
Brown & Brown Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 16th. Shareholders of record on Wednesday, November 2nd were issued a $0.115 dividend. This is a positive change from Brown & Brown’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, November 1st. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.75%. Brown & Brown’s dividend payout ratio (DPR) is presently 20.81%.
About Brown & Brown
Brown & Brown, Inc markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brown & Brown, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Brown & Brown wasn’t on the list.
While Brown & Brown currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Shares of AerCap Holdings (NYSE:AER – Get Rating) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $70.57.
AER has been the topic of a number of analyst reports. StockNews.com initiated coverage on AerCap in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Barclays upped their price target on AerCap from $66.00 to $77.00 in a research report on Friday.
Institutional Investors Weigh In On AerCap
Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of Marin boosted its position in shares of AerCap by 14.9% during the 2nd quarter. Bank of Marin now owns 21,244 shares of the financial services provider’s stock valued at $870,000 after purchasing an additional 2,751 shares in the last quarter. Heritage Investors Management Corp boosted its position in shares of AerCap by 0.6% during the 2nd quarter. Heritage Investors Management Corp now owns 125,352 shares of the financial services provider’s stock valued at $5,132,000 after purchasing an additional 808 shares in the last quarter. Diameter Capital Partners LP bought a new stake in shares of AerCap during the 1st quarter valued at about $4,525,000. American National Bank bought a new stake in shares of AerCap during the 3rd quarter valued at about $28,000. Finally, DekaBank Deutsche Girozentrale raised its stake in AerCap by 72.1% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 40,174 shares of the financial services provider’s stock worth $1,612,000 after buying an additional 16,824 shares during the period. Institutional investors own 98.17% of the company’s stock.
AerCap Trading Up 2.8 %
Shares of AER stock opened at $61.42 on Friday. The firm has a market capitalization of $15.07 billion, a P/E ratio of -13.10, a P/E/G ratio of 0.91 and a beta of 2.00. AerCap has a twelve month low of $37.20 and a twelve month high of $68.92. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 3.03. The stock’s fifty day simple moving average is $58.16 and its 200 day simple moving average is $49.57.
AerCap (NYSE:AER – Get Rating) last issued its quarterly earnings data on Thursday, November 3rd. The financial services provider reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.82. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.65 billion. AerCap had a positive return on equity of 11.28% and a negative net margin of 17.08%. AerCap’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.04 EPS. As a group, sell-side analysts predict that AerCap will post 8.28 EPS for the current fiscal year.
AerCap Company Profile
AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider AerCap, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and AerCap wasn’t on the list.
While AerCap currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Rightmove plc (LON:RMV – Get Rating) has been assigned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 652.71 ($7.86).
A number of research firms have recently commented on RMV. JPMorgan Chase & Co. cut their price target on shares of Rightmove from GBX 634 ($7.64) to GBX 497 ($5.99) and set a “neutral” rating on the stock in a report on Tuesday, October 18th. Credit Suisse Group decreased their price target on shares of Rightmove from GBX 618 ($7.45) to GBX 608 ($7.33) and set a “neutral” rating for the company in a research report on Friday, September 23rd.
Rightmove Trading Down 2.5 %
Shares of LON RMV opened at GBX 511.40 ($6.16) on Tuesday. The stock has a market cap of £4.23 billion and a P/E ratio of 2,324.55. The company has a debt-to-equity ratio of 15.41, a current ratio of 2.75 and a quick ratio of 2.55. Rightmove has a 1 year low of GBX 437.80 ($5.27) and a 1 year high of GBX 810 ($9.76). The firm has a 50-day moving average of GBX 532.91 and a 200 day moving average of GBX 562.46.
Insiders Place Their Bets
In related news, insider Peter Brooks-Johnson bought 39,282 shares of the stock in a transaction dated Wednesday, November 23rd. The stock was acquired at an average price of GBX 554 ($6.67) per share, for a total transaction of £217,622.28 ($262,195.52).
Rightmove Company Profile
Rightmove plc, together with its subsidiaries, operates property portals in the United Kingdom and internationally. It operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. It also offers tenant references and rent guarantee insurance services to landlords.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Rightmove, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Rightmove wasn’t on the list.
While Rightmove currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Shares of Perficient, Inc. (NASDAQ:PRFT – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $91.38.
A number of analysts recently issued reports on PRFT shares. Needham & Company LLC decreased their target price on Perficient from $120.00 to $95.00 and set a “buy” rating for the company in a research report on Thursday, October 27th. TheStreet cut Perficient from a “b-” rating to a “c+” rating in a research report on Tuesday, November 8th. Alliance Global Partners raised Perficient from a “neutral” rating to a “buy” rating and decreased their target price for the company from $100.00 to $85.00 in a research report on Tuesday, September 27th. Maxim Group decreased their target price on Perficient from $140.00 to $110.00 in a research report on Wednesday, October 12th. Finally, Barrington Research decreased their target price on Perficient from $110.00 to $80.00 and set an “outperform” rating for the company in a research report on Friday, October 28th.
Insider Buying and Selling at Perficient
In other Perficient news, Director David S. Lundeen sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 7th. The stock was sold at an average price of $71.42, for a total transaction of $285,680.00. Following the completion of the sale, the director now directly owns 34,412 shares of the company’s stock, valued at approximately $2,457,705.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Perficient news, Director Ralph C. Derrickson bought 729 shares of the business’s stock in a transaction dated Monday, November 21st. The stock was acquired at an average cost of $68.66 per share, with a total value of $50,053.14. Following the purchase, the director now owns 39,101 shares in the company, valued at approximately $2,684,674.66. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David S. Lundeen sold 4,000 shares of the stock in a transaction that occurred on Wednesday, December 7th. The stock was sold at an average price of $71.42, for a total value of $285,680.00. Following the transaction, the director now directly owns 34,412 shares of the company’s stock, valued at $2,457,705.04. The disclosure for this sale can be found here. Insiders purchased a total of 1,041 shares of company stock valued at $70,542 in the last ninety days. Insiders own 2.20% of the company’s stock.
Hedge Funds Weigh In On Perficient
A number of large investors have recently modified their holdings of the business. Blue Grotto Capital LLC increased its stake in Perficient by 124.7% in the 1st quarter. Blue Grotto Capital LLC now owns 359,879 shares of the digital transformation consultancy’s stock valued at $39,619,000 after purchasing an additional 199,689 shares in the last quarter. Vanguard Group Inc. increased its stake in Perficient by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 3,799,310 shares of the digital transformation consultancy’s stock valued at $418,266,000 after purchasing an additional 189,974 shares in the last quarter. Capital International Investors increased its stake in Perficient by 59.7% in the 1st quarter. Capital International Investors now owns 429,965 shares of the digital transformation consultancy’s stock valued at $47,335,000 after purchasing an additional 160,757 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Perficient in the 3rd quarter valued at approximately $8,934,000. Finally, Geneva Capital Management LLC increased its stake in Perficient by 18.1% in the 2nd quarter. Geneva Capital Management LLC now owns 823,380 shares of the digital transformation consultancy’s stock valued at $75,496,000 after purchasing an additional 126,155 shares in the last quarter. 90.60% of the stock is owned by hedge funds and other institutional investors.
Perficient Trading Down 0.9 %
NASDAQ:PRFT opened at $69.83 on Friday. The stock has a 50-day simple moving average of $69.62 and a 200-day simple moving average of $77.41. The stock has a market cap of $2.42 billion, a P/E ratio of 30.49, a P/E/G ratio of 1.10 and a beta of 1.52. Perficient has a 1 year low of $59.78 and a 1 year high of $133.12. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.16 and a current ratio of 2.16.
Perficient (NASDAQ:PRFT – Get Rating) last released its quarterly earnings data on Thursday, October 27th. The digital transformation consultancy reported $0.96 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.02). The business had revenue of $227.61 million for the quarter, compared to analyst estimates of $230.60 million. Perficient had a return on equity of 33.82% and a net margin of 9.29%. As a group, analysts anticipate that Perficient will post 3.76 earnings per share for the current fiscal year.
Perficient Company Profile
Perficient, Inc provides digital consultancy services and solutions in the United States. The company offers strategy and consulting solutions in the areas of digital and technology strategy, management consulting, and organizational change management; and data and intelligence solutions in the areas of analytics, artificial intelligence and machine learning, big data, business intelligence, and custom product portfolio.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Perficient, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Perficient wasn’t on the list.
While Perficient currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Essential Properties Realty Trust, Inc. (NYSE:EPRT – Get Rating) has earned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $24.94.
A number of brokerages recently weighed in on EPRT. Mizuho boosted their price target on shares of Essential Properties Realty Trust from $21.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, December 8th. Citigroup reduced their price target on shares of Essential Properties Realty Trust to $22.00 in a research report on Tuesday, November 15th. Raymond James boosted their price target on shares of Essential Properties Realty Trust from $23.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, December 19th. Truist Financial reduced their price target on shares of Essential Properties Realty Trust from $28.00 to $25.00 in a research report on Friday, November 11th. Finally, Evercore ISI reduced their target price on shares of Essential Properties Realty Trust from $26.00 to $24.00 in a report on Tuesday, September 27th.
Institutional Trading of Essential Properties Realty Trust
A number of institutional investors have recently added to or reduced their stakes in EPRT. Penn Capital Management Company LLC raised its stake in Essential Properties Realty Trust by 13.5% during the 3rd quarter. Penn Capital Management Company LLC now owns 463,616 shares of the company’s stock valued at $9,028,000 after purchasing an additional 55,073 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Essential Properties Realty Trust by 7.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,777,299 shares of the company’s stock worth $34,568,000 after purchasing an additional 130,240 shares during the last quarter. Weiss Asset Management LP bought a new stake in Essential Properties Realty Trust during the 3rd quarter worth about $432,000. Teachers Retirement System of The State of Kentucky bought a new stake in Essential Properties Realty Trust during the 3rd quarter worth about $2,932,000. Finally, California State Teachers Retirement System grew its holdings in Essential Properties Realty Trust by 3.0% during the 3rd quarter. California State Teachers Retirement System now owns 168,370 shares of the company’s stock worth $3,275,000 after acquiring an additional 4,859 shares during the last quarter. 97.19% of the stock is currently owned by institutional investors and hedge funds.
Essential Properties Realty Trust Stock Performance
NYSE:EPRT opened at $23.46 on Tuesday. The company has a fifty day simple moving average of $22.19 and a two-hundred day simple moving average of $22.14. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 23.94, a price-to-earnings-growth ratio of 2.82 and a beta of 1.32. The company has a quick ratio of 7.58, a current ratio of 7.58 and a debt-to-equity ratio of 0.51. Essential Properties Realty Trust has a 52 week low of $18.88 and a 52 week high of $29.60.
Essential Properties Realty Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Stockholders of record on Friday, December 30th will be given a $0.275 dividend. This is an increase from Essential Properties Realty Trust’s previous quarterly dividend of $0.27. This represents a $1.10 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Thursday, December 29th. Essential Properties Realty Trust’s dividend payout ratio (DPR) is 110.21%.
Essential Properties Realty Trust Company Profile
Essential Properties Realty Trust, Inc, a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical and dental services, convenience stores, equipment rental, entertainment, early childhood education, grocery, and health and fitness on a long-term basis.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Essential Properties Realty Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Essential Properties Realty Trust wasn’t on the list.
While Essential Properties Realty Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Rating) has received a consensus rating of “Hold” from the eight analysts that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$12.22.
Several research firms have recently weighed in on AX.UN. Scotiabank lowered their price objective on Artis Real Estate Investment Trust Unit from C$14.50 to C$12.25 in a research report on Tuesday, November 8th. BMO Capital Markets dropped their price target on Artis Real Estate Investment Trust Unit from C$12.00 to C$10.50 in a research note on Tuesday, November 8th. TD Securities reduced their price objective on shares of Artis Real Estate Investment Trust Unit from C$11.00 to C$10.50 and set a “hold” rating for the company in a research report on Monday, November 7th. National Bankshares dropped their target price on shares of Artis Real Estate Investment Trust Unit from C$11.50 to C$10.00 in a research report on Monday, October 24th. Finally, Royal Bank of Canada reduced their price target on shares of Artis Real Estate Investment Trust Unit from C$12.00 to C$11.00 and set a “sector perform” rating for the company in a report on Monday, November 7th.
Artis Real Estate Investment Trust Unit Stock Performance
Shares of Artis Real Estate Investment Trust Unit stock opened at C$9.03 on Monday. The stock has a market cap of C$1.05 billion and a price-to-earnings ratio of 6.59. The company has a quick ratio of 0.07, a current ratio of 0.40 and a debt-to-equity ratio of 101.19. Artis Real Estate Investment Trust Unit has a twelve month low of C$8.83 and a twelve month high of C$13.76. The company’s fifty day moving average is C$9.33 and its 200 day moving average is C$10.47.
Insider Buying and Selling
In other news, Director Salim Manji purchased 5,000 shares of the business’s stock in a transaction dated Thursday, November 10th. The stock was bought at an average price of C$9.30 per share, for a total transaction of C$46,492.50. Following the purchase, the director now owns 2,337,525 shares of the company’s stock, valued at C$21,735,476.21. In the last ninety days, insiders have purchased 5,300 shares of company stock valued at $49,225.
Artis Real Estate Investment Trust Unit Company Profile
Artis is a diversified Canadian real estate investment trust investing in office, retail and industrial properties. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and select markets in the United States.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Artis Real Estate Investment Trust Unit, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Artis Real Estate Investment Trust Unit wasn’t on the list.
While Artis Real Estate Investment Trust Unit currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Brown & Brown, Inc. (NYSE:BRO – Get Rating) has earned a consensus recommendation of “Hold” from the ten analysts that are currently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $66.33.
BRO has been the subject of a number of recent analyst reports. Royal Bank of Canada decreased their price target on Brown & Brown from $66.00 to $62.00 and set a “sector perform” rating for the company in a report on Wednesday, October 26th. Morgan Stanley reduced their target price on Brown & Brown from $69.00 to $65.00 and set an “equal weight” rating for the company in a report on Tuesday, November 22nd. UBS Group reduced their target price on Brown & Brown to $62.00 in a report on Friday, November 4th. Wells Fargo & Company reduced their target price on Brown & Brown from $66.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, October 26th. Finally, Jefferies Financial Group boosted their target price on Brown & Brown from $70.00 to $74.00 and gave the company a “buy” rating in a report on Friday, October 7th.
Hedge Funds Weigh In On Brown & Brown
Several institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its position in Brown & Brown by 33.7% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,088 shares of the financial services provider’s stock worth $1,307,000 after purchasing an additional 4,559 shares during the period. Meeder Asset Management Inc. acquired a new position in Brown & Brown during the 1st quarter worth approximately $54,000. Mercer Global Advisors Inc. ADV increased its position in Brown & Brown by 39.4% during the 1st quarter. Mercer Global Advisors Inc. ADV now owns 4,147 shares of the financial services provider’s stock worth $300,000 after purchasing an additional 1,173 shares during the period. GSA Capital Partners LLP acquired a new position in Brown & Brown during the 1st quarter worth approximately $237,000. Finally, JPMorgan Chase & Co. increased its position in Brown & Brown by 86.9% during the 1st quarter. JPMorgan Chase & Co. now owns 460,933 shares of the financial services provider’s stock worth $33,310,000 after purchasing an additional 214,342 shares during the period. Institutional investors and hedge funds own 72.31% of the company’s stock.
Brown & Brown Trading Up 0.2 %
BRO opened at $55.53 on Wednesday. Brown & Brown has a 12 month low of $52.91 and a 12 month high of $74.00. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 25.13 and a beta of 0.73. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.89 and a quick ratio of 1.89. The business has a fifty day moving average price of $58.13 and a 200 day moving average price of $60.32.
Brown & Brown (NYSE:BRO – Get Rating) last announced its quarterly earnings results on Monday, October 24th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.10). The business had revenue of $927.60 million for the quarter, compared to analysts’ expectations of $943.59 million. Brown & Brown had a return on equity of 14.67% and a net margin of 18.42%. The firm’s quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm earned $0.58 earnings per share. Sell-side analysts expect that Brown & Brown will post 2.24 earnings per share for the current fiscal year.
Brown & Brown Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 16th. Investors of record on Wednesday, November 2nd were given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.83%. The ex-dividend date was Tuesday, November 1st. This is a boost from Brown & Brown’s previous quarterly dividend of $0.10. Brown & Brown’s payout ratio is 20.81%.
Brown & Brown Company Profile
Brown & Brown, Inc markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Brown & Brown, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Brown & Brown wasn’t on the list.
While Brown & Brown currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Shares of Allied Properties Real Estate Investment (TSE:AP.UN – Get Rating) have been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$39.09.
A number of research analysts have weighed in on AP.UN shares. National Bankshares cut their price objective on shares of Allied Properties Real Estate Investment from C$36.50 to C$33.75 in a report on Monday, October 24th. TD Securities cut their target price on shares of Allied Properties Real Estate Investment from C$43.00 to C$37.00 and set a “buy” rating on the stock in a research note on Thursday, October 20th. Royal Bank of Canada dropped their price objective on shares of Allied Properties Real Estate Investment from C$44.00 to C$37.00 and set an “outperform” rating on the stock in a research report on Friday, October 28th. Raymond James lowered their target price on shares of Allied Properties Real Estate Investment from C$45.00 to C$38.50 in a report on Friday, October 28th. Finally, Scotiabank lowered their target price on shares of Allied Properties Real Estate Investment from C$46.00 to C$40.50 in a report on Wednesday, October 12th.
Allied Properties Real Estate Investment Stock Performance
Allied Properties Real Estate Investment stock opened at C$26.59 on Friday. The firm has a market capitalization of C$3.40 billion and a P/E ratio of 7.17. The company’s 50-day moving average is C$26.75 and its 200 day moving average is C$30.99. Allied Properties Real Estate Investment has a 1-year low of C$25.00 and a 1-year high of C$48.89. The company has a debt-to-equity ratio of 58.03, a current ratio of 0.82 and a quick ratio of 0.12.
Insider Transactions at Allied Properties Real Estate Investment
In other news, Senior Officer Thomas Gerard Burns purchased 4,000 shares of the stock in a transaction dated Tuesday, September 20th. The stock was acquired at an average cost of C$29.62 per share, for a total transaction of C$118,480.00. Following the completion of the acquisition, the insider now directly owns 89,091 shares in the company, valued at approximately C$2,638,875.42.
About Allied Properties Real Estate Investment
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Allied Properties Real Estate Investment, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Allied Properties Real Estate Investment wasn’t on the list.
While Allied Properties Real Estate Investment currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.