Summary: V Square Quantitative Management LLC increased its position in Medtronic plc by 177.5% during the fourth quarter. Insiders have also been selling shares of Medtronic. Medtronic recently reported its earnings results, beating analysts' estimates. Additionally, the company raised its quarterly dividend.
Full articleSummary: Lowe's customers express frustration over the new returns policy that requires physical receipts, preferring Home Depot's more convenient policy. DoorDash now offers delivery from Lowe's stores. Lowe’s loyalty program introduced a credit card and rewards system similar to Home Depot.
Full articleSummary: Cardinal Capital Management Inc. increased its stake in Medtronic plc by 4.9% in the fourth quarter according to SEC filing. Several other institutional investors have also recently bought shares of MDT. Medtronic stock down by 0.8%. Medtronic announced an increase in quarterly dividend.
Full articleSummary: UDR Inc. is discussed as a top apartment stock to buy in 2024. The company reported strong financial performance in Q1 2024, with positive analyst sentiments and upgrade in stock rating. Despite being 9th among the 11 best self-storage and apartment stocks, UDR Inc. remains promising in the market.
Full articleSummary: Citigroup Inc is raising the base salaries of junior investment bankers in response to industry trends and internal surveys on work conditions for younger staff.
Full articleSummary: American Trust lowered its position in shares of Comcast Co. by 1.0% during the fourth quarter, other hedge funds have recently bought shares, Comcast announced a quarterly dividend, Wall Street analysts forecast growth for the company.
Full articleSummary: UPS stock is down more than 21% over the last year due to declining delivery volumes and elevated costs, but the company is expecting a turnaround with adjusted operating profit anticipated to increase by 20% to 30% in the second half of 2024.
Full articleSummary: Dodge & Cox reduced its holdings in Danaher Co., American Trust and other institutional investors have made changes to their positions, Several analysts have upgraded its target price and rating, Danaher's stock went down by 0.1% and the company announced a quarterly dividend.
Full articleSummary: American Trust reduced its stake in Texas Instruments by 2.8% in the 4th quarter, selling 738 shares. Several other large investors also adjusted their holdings of the company. Analysts have provided various ratings for TXN, ranging from hold to buy, with an average target price of $182.48. Insider transactions show significant selling activity by company directors. TXN stock price opened at $193.90 on Friday and reported quarterly earnings per share of $1.20, beating analysts' estimates.
Full articleSummary: Syon Capital LLC increased its holdings in ConocoPhillips (NYSE:COP) by 38.5% during the 4th quarter. Institutional investors and hedge funds own 82.36% of the company's stock. Insiders have recently sold a significant number of shares, totaling $83,537,680. ConocoPhillips stock experienced a 1.4% decrease, trading at $109.39 on Friday.
Full articleSummary: Delhi High Court quashed a summoning order issued against Colgate-Palmolive directors in a trademark infringement case with Anchor Health and Beauty Care Pvt Ltd related to 'red and white' colour combination on toothpaste cartons, court observed procedural irregularities do not constitute forgery.
Full articleSummary: AFOX, a graphics card company primarily targeting Asian regions and system integrators, launches the GeForce RTX 4090D, a Chinese version of NVIDIA GPU with reduced specs to comply with U.S. export restrictions. AFOX also introduces three Radeon RX 6000 series GPUs, specifically the RX 6750 XT and RX 6650 XT models, marking an update two years behind schedule.
Full articleSummary: Analysts are bullish on Intra-Cellular Therapies (ITCI), Gilead Sciences (GILD), and Ultragenyx Pharmaceutical (RARE) in the Healthcare sector with optimistic price targets and ratings.
Full articleSummary: Raleigh Capital Management Inc. reduced its stake in MetLife, Inc., with several other large investors also buying and selling shares. Insider activity included a significant sale of 27,000 shares by EVP Bill Pappas. Wall Street analysts have provided mixed ratings, with a consensus price target of $79.08. MetLife reported quarterly earnings in line with estimates and announced a stock buyback program. The company raised its dividend from $0.52 to $0.545 per share.
Full articleSummary: Smith Shellnut Wilson LLC ADV reduced its holdings in Colgate-Palmolive by 22.4% in the 4th quarter according to the latest disclosure with the SEC. Insiders have been selling shares of the company. Several equities analysts have upgraded the stock, with an average price target of $92.94. Colgate-Palmolive reported earnings of $0.86 per share for the quarter ending April 26th, higher than analysts' estimates.
Full articleSummary: V Square Quantitative Management LLC increased its stake in Bristol-Myers Squibb by 100.0% in the 4th quarter, and various other hedge funds also adjusted their positions in the company. Bristol-Myers Squibb stock performance details were provided, and Wall Street analysts forecasted growth for the company based on recent earnings results and ratings from various analysts.
Full articleSummary: V Square Quantitative Management LLC increased its holdings in Caterpillar Inc. by 56.4% during the fourth quarter, with their holdings worth $1,870,000. Insider transactions include sale of shares by Cheryl H. Johnson and acquisition of shares by Director David Maclennan. Caterpillar also increased its quarterly dividend to $1.41 per share.
Full articleSummary: Broadcom (NASDAQ: AVGO) has experienced an impressive rally in the past year, driven by growing demand for its AI chips. Following its latest fiscal second-quarter results with revenue and earnings surpassing estimates and a 10-for-1 stock split announcement, Broadcom is poised to sustain its momentum in the semiconductor industry.
Full articleSummary: Lindsay (NYSE:LNN) has shown promising trends with its Return On Capital Employed (ROCE) growing considerably to 15% in the last five years, indicating its ability to reinvest capital profitably. This could potentially lead to a bright future.
Full articleSummary: Shorepath Capital Management LLC acquired a new stake in shares of Danaher Co. during the 4th quarter, according to its most recent 13F filing with the SEC. Several equities research analysts have issued buy ratings for Danaher stock with increased price targets. Insider activity includes CEO Rainer Blair and Director Alan G. Spoon selling shares of the company's stock.
Full articleSummary: Able Wealth Management LLC acquired a new stake in The Bank of New York Mellon Co. during the fourth quarter, with several other hedge funds also making changes to their positions. Bank of New York Mellon recently announced its quarterly dividend and posted positive earnings results for the quarter, beating analysts' consensus estimates. Wall Street analysts have varying ratings on the stock, with an average target price of $60.17. Insider activity includes notable share sales by company executives in April.
Full articleSummary: Scarborough Advisors LLC purchased a new stake in Medtronic plc during the 4th quarter. Several other institutional investors also modified their holdings of MDT. Analysts have recently provided various ratings on MDT stock. Insider activity includes recent stock sales. Medtronic reported a 0.8% decrease in trading. The company announced an increase in its quarterly dividend.
Full articleSummary: JP Morgan and BNY Mellon are exploring an entry into India's asset management industry by planning to start operations in the next 12 - 18 months, with different approaches - BNY Mellon going with a pure-organic blueprint and JP Morgan open to acquisitions and partnerships.
Full articleSummary: Royal London Asset Management Ltd. raised its stake in Booking Holdings Inc. by 1.5% in the 4th quarter, other institutional investors also made changes to their positions, Booking announced a quarterly dividend, insiders sold company stock recently, and Wall Street analysts have given the stock positive ratings and price targets.
Full articleSummary: Cim LLC purchased a new position in Booking Holdings Inc. during the fourth quarter, institutional investors have made changes to their positions, Wall Street analysts have raised target prices and given positive ratings to BKNG, Booking stock was up by 0.1%, the company announced a quarterly dividend, and insiders made significant stock transactions.
Full articleSummary: Cim LLC purchased a new position in Union Pacific Co. and disclosed buying 8,115 shares valued at approximately $2,065,000 in the fourth quarter. Analysts set new price targets with an average rating of 'Moderate Buy' and a consensus price target of $260.70. Union Pacific announced a quarterly dividend of $1.30 per share to be paid on June 28th, with an ex-dividend date of May 31st.
Full articleSummary: Chicago Partners Investment Group LLC increased its stake in Amgen Inc. by 1.3% in the 4th quarter, with its holdings worth $1,388,000. Amgen's stock is currently trading at $298.62 with a market cap of $160.19 billion and a strong financial performance reported in the latest earnings results.
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