Fomento Economico Mexicano SAB (FMX) Sees Large Decline in Short Interest

Fomento Economico Mexicano SAB (NYSE:FMX) saw a significant decline in short interest in July. As of July 13th, there was short interest totalling 647,298 shares, a decline of 33.7% from the June 29th total of 975,720 shares. Based on an average daily volume of 576,426 shares, the days-to-cover ratio is presently 1.1 days.

FMX has been the subject of several recent research reports. Gabelli reiterated a “buy” rating on shares of Fomento Economico Mexicano SAB in a research report on Monday. Zacks Investment Research upgraded Fomento Economico Mexicano SAB from a “sell” rating to a “hold” rating in a research report on Saturday, July 14th. Finally, ValuEngine upgraded Fomento Economico Mexicano SAB from a “sell” rating to a “hold” rating in a research report on Friday, July 6th. Three analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Fomento Economico Mexicano SAB presently has an average rating of “Buy” and an average price target of $115.00.

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Fomento Economico Mexicano SAB stock opened at $97.50 on Thursday. Fomento Economico Mexicano SAB has a 52 week low of $80.86 and a 52 week high of $102.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.49 and a quick ratio of 1.17. The stock has a market cap of $35.04 billion, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 1.94 and a beta of 0.47.

Fomento Economico Mexicano SAB (NYSE:FMX) last posted its earnings results on Friday, July 27th. The company reported $1.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.27. Fomento Economico Mexicano SAB had a return on equity of 13.91% and a net margin of 9.31%. The business had revenue of $6.45 billion during the quarter, compared to analysts’ expectations of $6.36 billion. equities research analysts predict that Fomento Economico Mexicano SAB will post 3.69 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of FMX. Signaturefd LLC purchased a new position in Fomento Economico Mexicano SAB during the first quarter worth about $133,000. Wetherby Asset Management Inc. grew its position in Fomento Economico Mexicano SAB by 25.7% during the first quarter. Wetherby Asset Management Inc. now owns 2,991 shares of the company’s stock worth $273,000 after buying an additional 611 shares in the last quarter. First Trust Advisors LP purchased a new position in Fomento Economico Mexicano SAB during the fourth quarter worth about $306,000. Hartwell J M Limited Partnership grew its position in Fomento Economico Mexicano SAB by 14.8% during the second quarter. Hartwell J M Limited Partnership now owns 5,050 shares of the company’s stock worth $443,000 after buying an additional 650 shares in the last quarter. Finally, Eaton Vance Management purchased a new position in Fomento Economico Mexicano SAB during the first quarter worth about $471,000. Institutional investors and hedge funds own 19.52% of the company’s stock.

Fomento Economico Mexicano SAB Company Profile

Fomento Econ贸mico Mexicano, SAB. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages and a chain of small-format stores. The company produces, markets, distributes, and sells Coca-Cola trademark beverages, including sparkling beverages, such as colas and flavored sparkling beverages; and waters and still beverages comprising juice, coffee, tea, milk, value-added dairy, sports, energy, and plant-based drinks.

See Also: Relative Strength Index

The Three Best Utility Stocks That Aren't Utility Companies

Utility companies aren't usually fan favorites among investors, but these protected and counter-cyclical companies are my favorites for a long-term portfolio. Consistent cash flow means high dividend yields and sales don't fluctuate like in other industries.

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But rising rates are weighing on utilities and inflation could start to eat into profits for regulated producers. The Utilities Select Sector SPDR (NYSE: XLU) is up just 0.6% over the last year, lagging the broader market by nearly 13% over the 12 months.

There is one industry, however, that shares some of the same characteristics but is less affected by rising interest rates. The industry is highly regulated, and business activity is about as consistent as it comes, even during a recession.

When higher rates and inflation threaten my utility stocks, I look to this industry to take over and provide those solid returns I can count on.

Utility-Like Safety In An Industry Primed For Growth
Companies in waste management are highly protected with regulatory permits for collection routes and to operate landfills. Federal and local approvals around zoning and environmental protection give existing providers almost monopoly status in some markets.

Even on trends to higher recycling, waste is an immutable fact of life with volume growing steadily along with population growth and economic activity. New landfills are extremely unpopular whenever put to a vote, making existing landfills strong assets.

Rates companies charge for waste collection are negotiated at the local level, and almost all commercial and residential property owners are required to pay for service.

The industry is highly fragmented but trending toward consolidation among the top three players, which control approximately 42% of the domestic market. More than a third (35%) of the market is held by small private companies with the remaining quarter held by municipalities.

While smaller players are able to compete, scale and route density are big factors in profitability. Larger, vertically-integrated companies that own the landfills have a clear advantage and can still make money on lower rates.

That puts the smaller haulers at a disadvantage, driving consolidation in the industry. Municipalities, struggling to strengthen their balance sheet, have also been a key driver in the trend to consolidation.

Prices on recycled commodities have weakened since China limited imports late 2017 but recycling accounts for a small percentage of revenue for the top three players. Rising fuel costs cut into margins slightly but the industry is able to recover as much as 80% of fuel costs through special Fuel Recovery Fees charged to customers.

With business almost entirely within the United States, the industry should benefit broadly on tax reform and won't have to worry about an escalating trade war. The domestic focus also shields the industry from currency issues around the strengthening dollar, a growing problem this year.

On a longer-term outlook, the industry could be one of the biggest beneficiaries of automation with self-driving trucks and robotics in the landfills.

Three Companies Control Waste Collection
Three companies control nearly half of domestic waste management and economies of scale should drive even more consolidation.

Waste Management (NYSE: WM) is the largest of the three with approximately 20% of the $60 billion domestic market. The company owns 249 landfills across the country for a fully-integrated solution. Revenue has grown a consistent 1.2% annual rate over the last five years, but cost savings measures have helped turn that into 5.5% annual growth in operating income.

Free cash flow has grown at a 16% annual rate over the period and the company pays a 4.2% cash return between the dividend and repurchase program. Earnings are expected 25% higher to $4.02 per share in 2018 from last year for a 20.5 times valuation.

Republic Services (NYSE: RSG) controls approximately 15% of the domestic market with 195 landfills and service routes across the United States. The company counts Bill Gates as its largest investor. The Microsoft founder owns a third of the company through his private wealth fund, Cascade Investment LLC.

Revenue has grown just under 2% annually over the five-year period with a 4.2% annualized increase in operating income. The shares pay a 4.5% total cash yield between the 2% dividend and repurchase program. Earnings are expected 25% higher to $3.06 per share in 2018 from last year for a 22.4 times valuation.

Waste Connections (NYSE: WCN) is reaching the economies of scale that will help it increase profitability but currently only holds about 7% of the domestic waste market. To avoid competing with the larger players, the company has focused on secondary and exclusive markets with 90 landfills across the U.S. and Canada. Waste Connections acquired the largest private hauler in North Central Illinois and local collections in Alaska last year.

That strategy has paid off with leadership and growth in its markets. Revenue has surged 23% annually over the last five years though the company hasn't been as focused on profitability with just 20% annualized growth in operating income.

Shares have surged over the past few years and only pay a 0.73% yield, though the company recently approved an annual repurchase program to take 5% of the outstanding shares off the market. Earnings are expected to be 16% higher to $2.50 per share this year making the company the most expensive of the three at 30.6 times earnings.

Risks To Consider: Waste collection is a highly acquisitive industry which brings execution risks integrating new assets, higher debt burden and the risk of overpaying.

Action To Take: Position in these utility-like businesses for returns that should hold up against potential weakness in the economy over the next few years.

Editor's Note: Our annual research has produced winners of 310%, 452%, and even 569% in years past. Last year's picks are beating the S&P 500 3-to-1. And this year's report could be the most profitable yet... If you're tired of paltry gains, then this could be the most important thing you read all year. Click here to see it.

These 20 States Haven't Legalized Medical Marijuana, but That May Soon Change

The legal cannabis industry is budding before our eyes. In just under three months, thanks to the passage of the Cannabis Act by our neighbor to the north, adults will be able to legally purchase recreational marijuana. In fact, when the green flag officially waves on Oct. 17, it'll allow Canada to become the first industrialized nation in the world to allow the sale of adult-use cannabis.

We've also witnessed big changes to the south, with Mexico giving the green light to medical cannabis in June 2017. Globally, more than two dozen countries have passed broad-based legislation allowing physicians to prescribe medical weed to patients.

Image source: Getty Images.

Despite being federally illegal, 30 states have passed broad-based medical weed laws

But in the United States, we have a murky mess. At the federal level, marijuana is still an entirely illicit drug that's deemed highly prone to abuse and has no recognized medical benefits. Yet, in spite of this Schedule I classification according to the Controlled Substances Act, 30 states -- the newest of which is the red-leaning Oklahoma -- and Washington, D.C., have passed sweeping medical marijuana laws since 1996.

It's certainly not hard to understand why we've seen such a push to legalize medical pot, either. An April 2018 survey from the independent Quinnipiac University found that an overwhelming 93% of respondents favored the idea of allowing a physician to prescribe medical marijuana. Interestingly enough, this strong support also included seniors and Republicans, which happen to be the two groups who consistently have a mixed or negative view of marijuana.

We also have the recent approval of GW Pharmaceuticals' (NASDAQ:GWPH) Epidiolex to thank. GW Pharmaceuticals' lead drug is cannabidiol (CBD)-based, (the non-psychoactive component of cannabis known for its medical benefits. In late-stage trials that led to its approval by the Food and Drug Administration, Epidiolex handily met its primary endpoint of reducing seizure frequency from baseline and relative to a placebo in two rare types of childhood-onset epilepsy. In effect, GW Pharmaceuticals offered the first real example in the U.S. of cannabis delivering a medical benefit.

These 20 states have said no to medical marijuana, but that may soon change

Yet in spite of this momentum, 20 states have held firm on their view that marijuana (recreational or medical) is an illegal substance.�These states are:

Alabama Georgia Idaho Indiana Iowa Kansas Kentucky Louisiana Mississippi Missouri Nebraska North Carolina South Carolina South Dakota Tennessee Texas Utah Virginia Wisconsin Wyoming

Data source: ProCon.org. Table by author.�

Now, to be fair, 16 of the 20 states where medical cannabis is still illegal do allow for CBD use for select ailments. The four states that completely ban recreational and medical cannabis, along with CBD in any form, are Idaho, Kansas, Nebraska, and South Dakota. If we were to pick out the most anti-marijuana states in the U.S., these four would likely take the cake.�

But, truth be told, the number of states to have legalized medical cannabis has crept up in recent years, and 2018 could be another year where the remaining holdouts shrink further.

Image source: Getty Images.

For example, residents in the traditionally conservative state of Utah will be voting on Proposition 2 this coming November, which would legalize medical marijuana for qualifying illnesses. Though Proposition 2 would ban smoking marijuana, it would allow an individual with a medical card to purchase up to two ounces of unprocessed marijuana or up to 10 grams of CBD or tetrahydrocannabinol (THC), the psychoactive component of cannabis that gets you "high," over a two-week period. In five separate polls since February 2017, support for legalizing medical marijuana in Utah has ranged between 69% and 78%, presumably putting this measure on track for passage this fall.�

One of the aforementioned strictest states, Nebraska, could find pro-cannabis groups making a push to legalize by 2020. Though legislation that would have amended the Nebraska state constitution to legalize medical weed was introduced this year, the Nebraska State Senate didn't allow it to come to vote. However, a survey from the Lincoln Journal Star in February 2017 found that a whopping 77% of residents favored the idea of legalizing medical marijuana.�

Two dynamics that could swing the pot pendulum

Clearly, the legal cannabis landscape is evolving in the U.S., but it's going to take one or two catalysts to really elicit any opportunity for change.

The first catalyst would be a shift in the make-up of Congress. Currently, Republicans control the legislative branch, albeit by a small margin in the Senate. If Democrats were to gain control of the Senate and/or House, they might be able to introduce a medical cannabis bill that would pass muster. As a reminder, Democrats have a considerably more favorable view of cannabis (recreational and medical) than Republicans. It's unclear at this point if President Trump would sign such legislation if it reached his desk, but he did suggest on the campaign trail in 2016 that he was "100 percent" behind medical marijuana.

Image source: Getty Images.

The second dynamic here that could lead to real reform is the evolution of public perception. The aforementioned Quinnipiac poll from April also asked respondents whether they could vote for a candidate if that candidate didn't share their view on cannabis but did on other issues. A whopping 82% said "yes," suggesting that marijuana isn't exactly a game-changing political issue as of yet. But if cannabis does become more of a polarizing topic with the American public, elected officials would have to worry about losing their seat if they didn't go along with the consensus opinion.

Momentum certainly appears to be pushing toward eventual reform at the federal level. But, as has been the case for many years now, putting your hard-earned money to work in the U.S. cannabis industry simply isn't a prudent move until after that change has occurred. Your best bet for the time being is to watch and wait from the safety of the sidelines.

TAL Education Group (TAL) Given Consensus Rating of “Hold” by Brokerages

Shares of TAL Education Group (NYSE:TAL) have received a consensus rating of “Hold” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $43.46.

A number of equities research analysts have recently commented on the stock. Morgan Stanley cut shares of TAL Education Group from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 29th. Zacks Investment Research upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 5th. Benchmark increased their target price on shares of TAL Education Group from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, April 27th. ValuEngine upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of TAL Education Group from $60.00 to $65.00 and gave the company a “neutral” rating in a report on Tuesday, May 29th.

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Shares of TAL Education Group traded down $0.53, reaching $40.27, during mid-day trading on Friday, according to Marketbeat Ratings. The company’s stock had a trading volume of 203,415 shares, compared to its average volume of 3,747,823. The stock has a market capitalization of $20.12 billion, a price-to-earnings ratio of 118.47 and a beta of 0.34. The company has a quick ratio of 1.46, a current ratio of 1.47 and a debt-to-equity ratio of 0.14. TAL Education Group has a 1-year low of $23.58 and a 1-year high of $47.63.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, April 26th. The company reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.03. The business had revenue of $504.10 million during the quarter, compared to analysts’ expectations of $485.96 million. TAL Education Group had a net margin of 11.57% and a return on equity of 18.68%. The company’s quarterly revenue was up 59.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 earnings per share. equities research analysts expect that TAL Education Group will post 0.51 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cavalier Investments LLC grew its holdings in shares of TAL Education Group by 2.9% in the first quarter. Cavalier Investments LLC now owns 48,280 shares of the company’s stock valued at $1,791,000 after purchasing an additional 1,380 shares during the period. Xact Kapitalforvaltning AB grew its holdings in shares of TAL Education Group by 2.6% in the second quarter. Xact Kapitalforvaltning AB now owns 58,300 shares of the company’s stock valued at $2,145,000 after purchasing an additional 1,500 shares during the period. Atria Investments LLC boosted its stake in TAL Education Group by 12.9% during the first quarter. Atria Investments LLC now owns 14,243 shares of the company’s stock worth $528,000 after buying an additional 1,622 shares during the period. Comerica Bank boosted its stake in TAL Education Group by 11.4% during the first quarter. Comerica Bank now owns 17,894 shares of the company’s stock worth $664,000 after buying an additional 1,833 shares during the period. Finally, Quantbot Technologies LP boosted its stake in TAL Education Group by 9.6% during the first quarter. Quantbot Technologies LP now owns 27,360 shares of the company’s stock worth $1,014,000 after buying an additional 2,396 shares during the period. 58.86% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

Recommended Story: Price to Earnings Ratio (PE), For Valuing Stocks

Amazon Crashes on Prime Day, Threatening $3.4 Billion Haul

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Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza.

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The Amazon mobile app on July 16.

Trouble on the site spiked just as the event began at 3 p.m. Eastern time, but had declined significantly within a couple of hours, according to Downdetector.com, which monitors web trouble. Shoppers were expected to spend $3.4 billion on the site during the event, up more than 40 percent from a year earlier, according to Coresight Research.

Amazon said on Twitter that “some customers are having difficulty shopping, and we’re working to resolve this issue quickly,” although “many are shopping successfully.” The company’s stock closed at $1,822.49, but slid about 1.5 percent in extended trading in New York.

“I’m candidly shocked that they’re not prepared for the traffic,” Forrester analyst Sucharita Kodali said. “Unless this is way beyond their wildest expectations, it’s just odd.”

As of Monday afternoon, there were 4,670 social media posts about the Prime Day crash. Eighty percent of online sentiment about Prime Day conveyed anger or sadness, according to Crimson Hexagon, which monitors social-media feedback.

Amazon Web Services, a unit of the retailing giant, is the world’s largest cloud computing provider. Thousands of big companies rely on the service to run their websites.

It wasn’t initially clear how widespread the problem was, and users were reporting different problems. Some people were seeing the “dogs of Amazon” notification that the website wasn’t working, while others said they could add items to their shopping carts, but the Prime Day discount price wasn’t reflected at checkout. For some, clicking on various promotions just brought the person back to the home page. And some shoppers reported not having any problems at all.

It is most likely a bug in a software update that should be fixed within hours, said Antony Edwards, chief technology officer at Eggplant, which monitors website performance. Amazon rarely has trouble handling high traffic volumes and its security is unlikely to be breached by a hacker, he said.

“Everything we see points to their content distribution network, which is how they get product images and videos around the world quickly,” Edwards said. “Someone has made a change and it’s not compatible.”

Shoppers found an outlet in venting on social media.

“Way to go, Amazon.com. People might actually buy prime day stuff if your site wouldn’t crash. Great planning. Can’t get the app to load at all,” Jessica Henning wrote on Amazon’s Facebook page.

Twitter lit up with screen shots of Amazon’s Prime Day failures, which featured photos of dogs and the words “sorry.”

Megan Quinn, general partner at Spark Capital, tweeted that Amazon’s cloud competitors at Google should be delighted: “Diane Greene is the only person celebrating Amazon Prime Day so far.”

Despite the bust out of the gate, the company said it sold more items in the first hour of Prime Day this year than in the first four hours of last year’s event. And Kodali said Amazon has plenty of time to salvage the day.

“I’m sure they are working furiously and many heads are rolling,” she said. “Even Sears has managed to salvage Black Friday crashes with much smaller teams.”

(Updates with comments from Amazon in the third paragraph.)

Top 10 Casino Stocks To Watch For 2019

tags:PMO,DBD,YUM,IDTI,UTX,ESRX,HIVE,OUT,JWN,GSAT,

From the late 1990s through the early 2010s, Las Vegas Sands (NYSE:LVS) was one of the best growth companies in the gaming industry. It expanded in Las Vegas, Macau, and Singapore, becoming the largest publicly traded gaming company in the world.�

Today, investors looking at the casino resort operator don't see a growth company at all, and they shouldn't. It has transitioned into a cash-flow machine, and that's why I think it's time to look at Las Vegas Sands' dividend as a great buy in the gaming industry.�

Image source: Las Vegas Sands.

The growth days are over... and that's OK

Las Vegas Sands was in expansion mode from the time The Venetian Las Vegas opened in 1999 until The Parisian in Macau was completed in 2016. Throughout that period, the company was constantly planning or building new resorts. But there aren't any new projects on the horizon now, and Las Vegas Sands has entered a phase of its life where it may not grow at all.�

Top 10 Casino Stocks To Watch For 2019: Putnam Municipal Opportunities Trust(PMO)

Advisors' Opinion:

• [By Ethan Ryder]

  Headlines about Putnam Municipal Opportunities Trust (NYSE:PMO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Putnam Municipal Opportunities Trust earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.534048831996 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Top 10 Casino Stocks To Watch For 2019: Diebold, Incorporated(DBD)

Advisors' Opinion:

• [By Shane Hupp]

  Get a free copy of the Zacks research report on Diebold Nixdorf (DBD)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

  VeriFone (PAY) and Diebold Nixdorf (DBD) Financial Survey (americanbankingnews.com) NCR (NCR) versus Diebold Nixdorf (DBD) Critical Survey (americanbankingnews.com) Diebold Nixdorf, Incorporated (DBD) stock represents -49.50% move from 52-week high (analystrecommendation.com) Self-checkout System Market 2018 Key Players �� Diebold Nixdorf, ECR Software (ECRS) Corp., Pan-Oston Co, NCR … (theanalystfinancial.com) Diebold Nixdorf (DBD) Downgraded to “Neutral” at JPMorgan Chase (americanbankingnews.com)

  Shares of Diebold Nixdorf stock opened at $14.80 on Monday. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 3.53. Diebold Nixdorf has a 52 week low of $12.90 and a 52 week high of $29.80. The stock has a market capitalization of $1,123.92, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 4.24 and a beta of 2.05.

• [By Paul Ausick]

  Diebold Nixdorf Inc. (NYSE: DBD) fell by about 5.1% Friday to post a new 52-week low of $11.43 after closing at $12.05 on Thursday. The 52-week high is $28.80. Volume of about 4.4 million was about three times the daily average of about 1.4 million. The company had no specific news.

• [By Shane Hupp]

  Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

  Get Diebold Nixdorf alerts: DIEBOLD NIXDORF INTRODUCES INTEGRATED DIGITAL ONBOARDING SERVICE FOR LEADING BANK IN MIDDLE EAST (cmo.com.au) Global Interactive Kiosk Market Share and Outlook by 2023: Source Technologies, KIOSK Information Systems … (chemicalreport24.com) Diebold Nixdorf Shares Down 23.1% Since SmarTrend’s Sell Call (DBD) (mysmartrend.com) Diebold Nixdorf Inc (DBD) Expected to Post Quarterly Sales of $1.10 Billion (americanbankingnews.com) Brokerages Expect Diebold Nixdorf Inc (DBD) to Announce $0.01 Earnings Per Share (americanbankingnews.com)

  Shares of Diebold Nixdorf stock remained flat at $$12.10 during trading hours on Wednesday. The stock had a trading volume of 402,311 shares, compared to its average volume of 1,270,288. Diebold Nixdorf has a twelve month low of $11.43 and a twelve month high of $25.00. The firm has a market cap of $919.09 million, a price-to-earnings ratio of 10.71, a PEG ratio of 3.95 and a beta of 2.01. The company has a current ratio of 1.31, a quick ratio of 0.86 and a debt-to-equity ratio of 3.70.

• [By Stephan Byrd]

  10 15 Associates Inc. boosted its stake in Diebold Nixdorf Inc (NYSE:DBD) by 9.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,563 shares of the technology company’s stock after buying an additional 9,425 shares during the period. 10 15 Associates Inc. owned 0.14% of Diebold Nixdorf worth $1,656,000 at the end of the most recent reporting period.

Top 10 Casino Stocks To Watch For 2019: Yum! Brands, Inc.(YUM)

Advisors' Opinion:

• [By Max Byerly]

  In other Yum! Brands news, CEO Brian R. Niccol sold 2,294 shares of Yum! Brands stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $84.90, for a total value of $194,760.60. Following the completion of the transaction, the chief executive officer now directly owns 10,160 shares of the company’s stock, valued at approximately $862,584. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brian R. Niccol sold 945 shares of Yum! Brands stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $79.90, for a total value of $75,505.50. Following the completion of the transaction, the chief executive officer now directly owns 10,785 shares of the company’s stock, valued at $861,721.50. The disclosure for this sale can be found here. Insiders own 0.63% of the company’s stock.

  COPYRIGHT VIOLATION NOTICE: “Yum! Brands (YUM) Given News Sentiment Rating of 0.13” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another site, it was illegally stolen and reposted in violation of international trademark & copyright law. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/3377799/yum-brands-yum-given-news-sentiment-rating-of-0-13.html.

  About Yum! Brands

• [By Stephan Byrd]

  Burney Co. increased its holdings in shares of Yum! Brands (NYSE:YUM) by 475.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 44,278 shares of the restaurant operator’s stock after acquiring an additional 36,582 shares during the quarter. Burney Co.’s holdings in Yum! Brands were worth $3,769,000 at the end of the most recent quarter.

• [By ]

  Nearly 10 months ago, Cramer told viewers to buy shares of Yum Brands (YUM) and sell its counterpart, Yum China Holdings  (YUMC) . Since that recommendation, shares of Yum are up 11%, while Yum China has fallen over 5%. What should investors do now? Cramer took a fresh look to find out.

Top 10 Casino Stocks To Watch For 2019: Integrated Device Technology, Inc.(IDTI)

Advisors' Opinion:

• [By Ezra Schwarzbaum]

  Several other optics stocks stand to gain. In a Monday note, Bank of America Merrill Lynch analyst Vivek Arya also highlighlited the semiconductor space as one that could benefit from the news. Other stocks to watch include:

  Lumentum Holdings Inc (NASDAQ: LITE) Ciena Corporation (NYSE: CIEN) Coherent, Inc. (NASDAQ: COHR) II-VI, Inc. (NASDAQ: IIVI) Inphi Corporation (NYSE: IPHI) Skyworks Solutions Inc (NASDAQ: SWKS) Integrated Device Technology Inc (NASDAQ: IDTI) Qorvo Inc (NASDAQ: QRVO) Xilinx, Inc. (NASDAQ: XLNX) Broadcom Inc (NASDAQ: AVGO)

  Related Links:

• [By Stephan Byrd]

  Envestnet Asset Management Inc. reduced its stake in shares of Integrated Device Technology (NASDAQ:IDTI) by 71.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,410 shares of the semiconductor company’s stock after selling 18,353 shares during the period. Envestnet Asset Management Inc.’s holdings in Integrated Device Technology were worth $226,000 at the end of the most recent reporting period.

• [By Joseph Griffin]

  Integrated Device Technology (NASDAQ:IDTI) CEO Gregory L. Waters sold 15,000 shares of the business’s stock in a transaction dated Friday, June 1st. The stock was sold at an average price of $33.66, for a total transaction of $504,900.00. Following the transaction, the chief executive officer now owns 796,129 shares in the company, valued at $26,797,702.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

• [By Shane Hupp]

  Segall Bryant & Hamill LLC lessened its position in shares of Integrated Device Technology (NASDAQ:IDTI) by 12.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,764,874 shares of the semiconductor company’s stock after selling 257,440 shares during the quarter. Integrated Device Technology comprises 1.2% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 16th biggest holding. Segall Bryant & Hamill LLC’s holdings in Integrated Device Technology were worth $53,935,000 at the end of the most recent quarter.

Top 10 Casino Stocks To Watch For 2019: United Technologies Corporation(UTX)

Advisors' Opinion:

• [By Paul Ausick]

  United Technologies Corp. (NYSE: UTX) traded up 2.75% at $129.47. The stock’s 52-week range is $107.05 to $139.24. Volume was about 20% below the daily average of around 4.2 million shares. When UTC completes its deal to acquire Rockwell Collins, a new Air Force bomber is part of the deal. The Defense Department budget for this year includes $2 billion for the program and the 2019 budget includes $2.3 billion.

• [By ]

  United Technologies Corp. (UTX) said on Tuesday that it topped analyst expectations for first-quarter earnings and raised its outlook for top and bottom line results for 2018, noting strong sales at its Pratt & Whitney and UTC Aerospace units.

• [By Paul Ausick]

  European aircraft maker Airbus announced last Friday that it had found an issue with the Pratt & Whitney (P&W) engines the company installs on its top-selling A320neo and A321neo single-aisle passenger jets. Over the weekend the company said it would stop accepting more PW1100G geared turbofan (GTF) engines from P&W, a division of United Technologies Corp. (NYSE: UTX).

Top 10 Casino Stocks To Watch For 2019: Express Scripts Holding Company(ESRX)

Advisors' Opinion:

• [By Paul Ausick]

  Express Scripts Holding Co. (NASDAQ: ESRX) traded down more than 3% to $76.25, in a 52-week range of $55.80 to $85.07. Express Scripts has seen its market cap shrink nearly $1.9 billion.

• [By ]

  The space that could come under the most pressure are the pharmacy benefit management players, an industry that thrives on the rebate system. Stocks to watch include: CVS Health (CVS) (owns PBM Caremark) and Express Scripts (ESRX) (and by extension Cigna (CI) , which is trying to acquire Express Scripts).

• [By Shane Hupp]

  Wealthcare Advisory Partners LLC boosted its stake in shares of Express Scripts Holding Co (NASDAQ:ESRX) by 364.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,529 shares of the company’s stock after purchasing an additional 1,200 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Express Scripts were worth $106,000 at the end of the most recent quarter.

• [By Joseph Griffin]

  Foundry Partners LLC raised its holdings in Express Scripts Holding Co (NASDAQ:ESRX) by 50.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,220 shares of the company’s stock after buying an additional 73,590 shares during the period. Foundry Partners LLC’s holdings in Express Scripts were worth $15,213,000 as of its most recent SEC filing.

• [By Chris Johnson]

  Next on our Best in Breed healthcare list is Express Scripts Holding Co. (Nasdaq: ESRX), a St. Louis-based pharmacy-benefits management company. Express Scripts comprises 1.4% of XLV.

• [By Stephan Byrd]

  Edgemoor Investment Advisors Inc. lowered its position in Express Scripts Holding Co (NASDAQ:ESRX) by 1.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 176,257 shares of the company’s stock after selling 2,546 shares during the quarter. Express Scripts accounts for approximately 1.6% of Edgemoor Investment Advisors Inc.’s investment portfolio, making the stock its 18th largest position. Edgemoor Investment Advisors Inc.’s holdings in Express Scripts were worth $12,176,000 at the end of the most recent quarter.

Top 10 Casino Stocks To Watch For 2019: Aerohive Networks, Inc.(HIVE)

Advisors' Opinion:

• [By Logan Wallace]

  Aerohive Networks Inc (NYSE:HIVE) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 573,420 shares, a drop of 35.3% from the May 31st total of 885,671 shares. Based on an average trading volume of 381,201 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.8% of the shares of the stock are short sold.

• [By Stephan Byrd]

  Here are some of the news articles that may have effected Accern’s rankings:

  Get Anthera Pharmaceuticals alerts: Cystic Fibrosis Drugs Market – Future Growth Prospects and Industry Trends Analyzed Till 2025 (digitaljournal.com) Analysts Anticipate Anthera Pharmaceuticals Inc (ANTH) Will Announce Earnings of -$0.60 Per Share (americanbankingnews.com) News Buzz : Blink Charging Co. (NASDAQ:BLNK), Genocea Biosciences, Inc. (NASDAQ:GNCA), Anthera … (journalfinance.net) Current Lumpy Stocks:: Jounce Therapeutics, Inc. (NASDAQ:JNCE), Aerohive Networks, Inc. (NYSE:HIVE), Anthera … (journalfinance.net) Porous, non-porous tantalum cups yielded similar septic, aseptic risks after revision THA (healio.com)

  ANTH has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Anthera Pharmaceuticals from a “hold” rating to a “buy” rating and set a $1.75 target price on the stock in a research report on Tuesday, February 13th. Jefferies Financial Group reiterated a “hold” rating and set a $0.50 target price on shares of Anthera Pharmaceuticals in a research report on Thursday, March 15th. Roth Capital initiated coverage on Anthera Pharmaceuticals in a research report on Wednesday, February 21st. They set a “buy” rating and a $10.00 target price on the stock. Finally, Piper Jaffray Companies downgraded Anthera Pharmaceuticals from an “overweight” rating to an “underweight” rating in a research report on Monday, March 12th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $3.44.

• [By Max Byerly]

  Leidos (NYSE: LDOS) and Aerohive Networks (NYSE:HIVE) are both aerospace companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.

Top 10 Casino Stocks To Watch For 2019: OUTFRONT Media Inc.(OUT)

Advisors' Opinion:

• [By Stephan Byrd]

  Hourglass Capital LLC lifted its stake in Outfront Media (NYSE:OUT) by 34.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 289,617 shares of the financial services provider’s stock after buying an additional 73,964 shares during the quarter. Hourglass Capital LLC owned approximately 0.21% of Outfront Media worth $5,427,000 at the end of the most recent reporting period.

• [By Lisa Levin] Gainers Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday. Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast. Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading. Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion. Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading. Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday. Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading. Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday. New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results. Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid. Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading. Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday. SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year. Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday. Deutsche Bank Aktiengesellschaft (NYSE: D
• [By Logan Wallace]

  Outfront Media (NYSE:OUT) has earned a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $27.00.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Outfront Media (OUT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Outfront Media (OUT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 10 Casino Stocks To Watch For 2019: Nordstrom Inc.(JWN)

Advisors' Opinion:

• [By Stephan Byrd]

  Nordstrom (NYSE:JWN) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Nordstrom outperformed the industry in the last six months driven by the smooth execution of customer strategy and disciplined inventory management. The company has an impressive surprise history with earnings beat delivered in seven of the last eight quarters and topping sales estimates in three of the trailing four quarters. Results in first-quarter fiscal 2018 gained from the shift in Nordstrom’s loyalty event to the quarter compared with the second quarter in the prior year. Management raised the low-end of its EBIT and earnings views for fiscal 2018. Also, its focus on store expansion and strengthening capabilities through further investments, particularly in digital growth, remains noteworthy. However, investments toward occupancy, technology, supply chain and marketing are weighing on its margin performance for the last few quarters. Higher expenses have been resulting in higher SG&A expense, which is hurting profitability.”

• [By ]

  Retail earnings continue on Thursday with Walmart (WMT) , Nordstrom (JWN) and JC Penney (JCP) all reporting. Cramer was looking for good things from Walmart and Nordstrom, but said Penney just doesn't have anything to set itself apart from the pack. Also on Thursday, Applied Materials (AMAT) , which should be able to mount a rally with the semiconductor stocks being hot recently.

• [By JJ Kinahan]

  The news wasn’t all good early Thursday. Results from J.C. Penney Company Inc. (NYSE: JCP) appeared to disappoint investors, who sent shares down more than 11 percent in pre-market futures trading. The company said in a press release that its overall top-line sales came in below management’s expectations, blaming cold April weather. We’re not done with retail yet. Nordstrom, Inc. (NYSE: JWN) reports after the close today.

Top 10 Casino Stocks To Watch For 2019: Globalstar Inc.(GSAT)

Advisors' Opinion:

• [By Paul Ausick]

  Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 2% Friday and posted a new 52-week low of $0.49 after closing Thursday at $0.50. The stock’s 52-week high is $2.30. Volume totaled about 4.2 million, almost 20% below the daily average of around �5.4 million. The company had no specific news.

• [By Lisa Levin]

  Thursday morning, the telecommunication services shares rose 1.06 percent. Meanwhile, top gainers in the sector included Globalstar, Inc. (NYSE: GSAT), up 5 percent, and Partner Communications Company Ltd. (NASDAQ: PTNR) up 4 percent.

• [By Paul Ausick]

  Globalstar Inc. (NASDAQ: GSAT) fell by about 3.6% Thursday to post a new 52-week low of $0.53 after closing at $0.55 on Wednesday. The 52-week high is $2.59. Volume of about 5.2 million was around 30% above the daily average. The company had no specific news and shares are on now track to post a gain of around 3% for the day.

• [By Paul Ausick]

  Globalstar Inc. (NYSEAMERICAN: GSAT) traded down about 6% Tuesday and posted a new 52-week low of $0.47 after closing Monday at $0.50. The stock’s 52-week high is $2.30. Volume totaled about 4.3 million, about 20% below the daily average of around �5.4 million. The company had no specific news.

Bed Bath & Beyond Inc. (BBBY) Given Average Rating of “Hold” by Brokerages

Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) have been assigned an average recommendation of “Hold” from the twenty analysts that are presently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $19.23.

A number of equities analysts have commented on the stock. Credit Suisse Group set a $25.00 target price on shares of Bed Bath & Beyond and gave the stock a “hold” rating in a research note on Wednesday, March 14th. Wedbush reduced their target price on shares of Bed Bath & Beyond from $23.00 to $22.26 and set a “neutral” rating on the stock in a research note on Tuesday, March 20th. Loop Capital set a $23.00 target price on shares of Bed Bath & Beyond and gave the stock a “hold” rating in a research note on Monday, March 19th. Telsey Advisory Group reduced their target price on shares of Bed Bath & Beyond from $22.00 to $20.00 and set a “market perform” rating on the stock in a research note on Thursday, April 12th. Finally, Morgan Stanley reduced their target price on shares of Bed Bath & Beyond from $20.00 to $16.00 and set a “sell” rating on the stock in a research note on Thursday, April 12th.

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In related news, insider Eugene A. Castagna sold 25,000 shares of Bed Bath & Beyond stock in a transaction that occurred on Thursday, July 5th. The shares were sold at an average price of $20.81, for a total value of $520,250.00. Following the completion of the transaction, the insider now owns 124,255 shares in the company, valued at $2,585,746.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.50% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in Bed Bath & Beyond by 47.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,431,514 shares of the retailer’s stock worth $155,987,000 after acquiring an additional 2,403,924 shares in the last quarter. Contrarius Investment Management Ltd grew its holdings in Bed Bath & Beyond by 5.7% during the 1st quarter. Contrarius Investment Management Ltd now owns 6,337,044 shares of the retailer’s stock worth $133,015,000 after acquiring an additional 341,596 shares in the last quarter. Prudential Financial Inc. grew its holdings in Bed Bath & Beyond by 557.6% during the 1st quarter. Prudential Financial Inc. now owns 2,840,003 shares of the retailer’s stock worth $59,611,000 after acquiring an additional 2,408,117 shares in the last quarter. Northern Trust Corp grew its holdings in Bed Bath & Beyond by 5.5% during the 1st quarter. Northern Trust Corp now owns 1,397,076 shares of the retailer’s stock worth $29,324,000 after acquiring an additional 72,477 shares in the last quarter. Finally, Towle & Co. grew its holdings in Bed Bath & Beyond by 31.2% during the 1st quarter. Towle & Co. now owns 1,336,180 shares of the retailer’s stock worth $28,046,000 after acquiring an additional 317,610 shares in the last quarter. Hedge funds and other institutional investors own 91.21% of the company’s stock.

Bed Bath & Beyond traded down $0.44, reaching $20.26, during trading on Friday, Marketbeat reports. 4,175,400 shares of the stock were exchanged, compared to its average volume of 4,328,203. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.86 and a quick ratio of 0.62. Bed Bath & Beyond has a 1 year low of $16.52 and a 1 year high of $31.15. The company has a market capitalization of $2.97 billion, a PE ratio of 6.49 and a beta of 1.05.

Bed Bath & Beyond (NASDAQ:BBBY) last issued its earnings results on Wednesday, June 27th. The retailer reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. Bed Bath & Beyond had a net margin of 3.18% and a return on equity of 14.73%. The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion. During the same period in the previous year, the firm earned $0.58 earnings per share. Bed Bath & Beyond’s quarterly revenue was up .4% compared to the same quarter last year. sell-side analysts forecast that Bed Bath & Beyond will post 2.33 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 16th. Investors of record on Friday, September 14th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, September 13th. Bed Bath & Beyond’s dividend payout ratio (DPR) is currently 20.51%.

About Bed Bath & Beyond

Bed Bath & Beyond Inc, together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products.

Tellurian Inc (TELL) Expected to Post Earnings of -$0.11 Per Share

Equities analysts predict that Tellurian Inc (NASDAQ:TELL) will announce earnings per share of ($0.11) for the current quarter, according to Zacks. Two analysts have issued estimates for Tellurian’s earnings, with the lowest EPS estimate coming in at ($0.12) and the highest estimate coming in at ($0.10). Tellurian reported earnings of ($0.17) per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 35.3%. The firm is expected to report its next earnings results on Monday, January 1st.

On average, analysts expect that Tellurian will report full-year earnings of ($0.44) per share for the current fiscal year, with EPS estimates ranging from ($0.46) to ($0.43). For the next fiscal year, analysts expect that the firm will report earnings of ($0.36) per share, with EPS estimates ranging from ($0.51) to ($0.05). Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Tellurian.

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Tellurian (NASDAQ:TELL) last posted its quarterly earnings data on Wednesday, May 9th. The oil and gas producer reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01). The company had revenue of $6.80 million during the quarter, compared to analysts’ expectations of $0.03 million.

TELL has been the subject of a number of recent research reports. BidaskClub upgraded Tellurian from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 18th. Zacks Investment Research cut Tellurian from a “buy” rating to a “hold” rating in a research report on Saturday, May 12th. Wells Fargo & Co initiated coverage on Tellurian in a research report on Tuesday, April 17th. They set a “market perform” rating and a $7.50 price objective for the company. Finally, Stifel Nicolaus dropped their price objective on Tellurian from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $11.65.

Tellurian traded down $0.15, reaching $8.46, during midday trading on Wednesday, MarketBeat Ratings reports. 1,023,600 shares of the company were exchanged, compared to its average volume of 1,233,112. The stock has a market cap of $2.07 billion, a PE ratio of -10.56 and a beta of 1.54. Tellurian has a 1 year low of $6.45 and a 1 year high of $13.74.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Swiss National Bank grew its holdings in Tellurian by 8.0% in the 4th quarter. Swiss National Bank now owns 107,800 shares of the oil and gas producer’s stock valued at $1,050,000 after buying an additional 8,000 shares during the period. Geode Capital Management LLC grew its holdings in Tellurian by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 626,231 shares of the oil and gas producer’s stock valued at $6,099,000 after buying an additional 10,116 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Tellurian by 3.9% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 300,958 shares of the oil and gas producer’s stock valued at $2,932,000 after buying an additional 11,390 shares during the period. UBS Group AG grew its holdings in Tellurian by 85.8% in the 1st quarter. UBS Group AG now owns 40,062 shares of the oil and gas producer’s stock valued at $289,000 after buying an additional 18,500 shares during the period. Finally, BB&T Securities LLC purchased a new stake in Tellurian in the 4th quarter valued at about $184,000. Institutional investors own 12.51% of the company’s stock.

Tellurian Company Profile

Tellurian Inc plans to develop, own, and operate a natural gas business and to deliver natural gas to customers worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) trading, and infrastructure that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline.

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Arena Pharmaceuticals, Inc. (ARNA) Receives Consensus Rating of “Buy” from Brokerages

Shares of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) have received a consensus rating of “Buy” from the eleven analysts that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $58.88.

A number of research analysts have recently commented on ARNA shares. Zacks Investment Research raised Arena Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. BidaskClub cut Arena Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday, March 13th. Needham & Company LLC reaffirmed a “hold” rating on shares of Arena Pharmaceuticals in a research note on Wednesday, March 14th. ValuEngine cut Arena Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Wednesday, March 14th. Finally, Wells Fargo & Co cut their target price on Arena Pharmaceuticals from $53.00 to $60.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 20th.

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In other news, EVP Steven W. Spector sold 30,001 shares of the company’s stock in a transaction that occurred on Monday, April 16th. The stock was sold at an average price of $34.57, for a total transaction of $1,037,134.57. Following the transaction, the executive vice president now owns 34,691 shares of the company’s stock, valued at $1,199,267.87. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.92% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ARNA. BlackRock Inc. grew its stake in Arena Pharmaceuticals by 33.9% in the first quarter. BlackRock Inc. now owns 4,161,464 shares of the biopharmaceutical company’s stock worth $164,377,000 after purchasing an additional 1,053,539 shares in the last quarter. Northern Trust Corp grew its stake in Arena Pharmaceuticals by 16.9% in the first quarter. Northern Trust Corp now owns 543,774 shares of the biopharmaceutical company’s stock worth $21,479,000 after purchasing an additional 78,445 shares in the last quarter. Teachers Advisors LLC grew its stake in Arena Pharmaceuticals by 7.3% in the fourth quarter. Teachers Advisors LLC now owns 404,528 shares of the biopharmaceutical company’s stock worth $13,742,000 after purchasing an additional 27,348 shares in the last quarter. Rock Springs Capital Management LP grew its stake in Arena Pharmaceuticals by 74.4% in the first quarter. Rock Springs Capital Management LP now owns 375,000 shares of the biopharmaceutical company’s stock worth $14,813,000 after purchasing an additional 160,000 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Arena Pharmaceuticals by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 351,181 shares of the biopharmaceutical company’s stock worth $11,929,000 after purchasing an additional 12,186 shares in the last quarter. 78.23% of the stock is currently owned by hedge funds and other institutional investors.

ARNA stock traded up $0.10 during midday trading on Monday, reaching $44.79. 458,913 shares of the company traded hands, compared to its average volume of 634,473. Arena Pharmaceuticals has a 52-week low of $18.26 and a 52-week high of $50.05. The company has a debt-to-equity ratio of 0.10, a current ratio of 15.28 and a quick ratio of 15.28. The company has a market cap of $2.20 billion, a PE ratio of -17.03 and a beta of 1.46.

Arena Pharmaceuticals (NASDAQ:ARNA) last issued its quarterly earnings data on Tuesday, May 8th. The biopharmaceutical company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.12). Arena Pharmaceuticals had a negative net margin of 321.04% and a negative return on equity of 34.08%. The company had revenue of $1.76 million for the quarter, compared to analysts’ expectations of $4.02 million. During the same quarter last year, the company earned ($0.90) earnings per share. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. equities research analysts expect that Arena Pharmaceuticals will post -2.83 EPS for the current year.

About Arena Pharmaceuticals

Arena Pharmaceuticals, Inc, a biopharmaceutical company, focuses on developing novel small molecule drugs for various therapeutic areas in the United States and Switzerland. Its proprietary investigational clinical programs include ralinepag (APD811), which is in Phase III trial to treat pulmonary arterial hypertension; etrasimod that is in Phase II trials for treating immune and inflammatory conditions with primary focus on ulcerative colitis and hepatic conditions, as well as for primary biliary cholangitis and pyoderma gangrenosum; and APD371, which is in Phase II trial for the treatment of pain associated with Crohn's disease.

Will This Move Prove Costly for AMD��s GPU Business?

Advanced Micro Devices (NASDAQ:AMD) has done extremely well to make a dent in the graphics card business by eating into NVIDIA's (NASDAQ:NVDA) massive lead. But its terrific resurgence has been largely driven by demand from cryptocurrency miners.

AMD's latest Vega GPUs were not powerful enough to match NVIDIA's flagship offerings, but it was able to court cryptominers and the strategy has worked out perfectly in the short run. But it won't be long before NVIDIA gets its edge back, thanks to its philosophy of putting gamers first.

Recent revelations, however, indicate that AMD might have jeopardized its chances of giving a tough fight to NVIDIA. The chipmaker was busy pouring resources into another part of the business -- semi-custom chips -- but this move could backfire. Here's why.

Image Source: AMD.

AMD makes the wrong move

Forbes says it has gathered from its sources that Sony will be using AMD's Ryzen CPU and Navi GPU architecture in the PlayStation 5, which is expected to hit the market�in 2020. AMD has been tied deep into the development of the next-gen Navi GPU architecture, which will be based on the 7-nanometer manufacturing process so that the next Sony console can meet its timeline.

The twist in the tale, however, is that AMD has reportedly developed the Navi architecture keeping the PlayStation 5 in mind, allocating a vast majority of its resources toward this development.�As a result, Vega's development was reportedly compromised and failed to match NVIDIA's offerings.

AMD pulled�in $2.3 billion in revenue from the enterprise, embedded, and semi-custom segment last year, almost flat from the prior-year period. At the same time, its operating income dropped nearly 46% year over year, to $154 million, because of a seasonal�decline in demand for semi-custom chips.

This seasonal weakness isn't surprising as demand for a new console drops after the initial launch happens. For instance, the PlayStation 4 sold�20 million units in 2016, but the number is expected to drop to 16 million this year. Not surprisingly, AMD's operating margin from this segment dropped�further, to just 2.6% last quarter, as console demand kept cooling off.

Betting on the wrong horse

Assuming that a successful console moves around 18 million units each year and is on the market for a period of five years, AMD's market would be somewhere around 90 million units. However, last year, PCs consumed�a total of 357 million GPUs (including integrated graphics cards), so this is a way bigger market.

As such, spending so much time on developing a GPU for a product that will tail off after an initial spike isn't the best decision that AMD has made.

Metric

2015

2016

2017

2018

PlayStation 4 sales (in millions)	17.5	20	19	16 (estimated)
AMD semi-custom revenue (in $millions)	$2,186	$2,300	$2,305	N/A

Data source: AMD and Sony. N/A = not available�

AMD's semi-custom business started flatlining once the PS4 lost its novelty factor. Of course, the device brought extensive windfall gains for the company at first, because the enterprise, embedded, and semi-custom business supplied�just $1.6 billion in revenue in 2013 before the PS4 hit the market.

But this was at the expense of the computing and graphics business, which brought in $3.7 billion in revenue that year. The company's focus on the console segment meant that it lost sight of the GPU market. Not surprisingly, its computing and graphics revenue fell�to $2 billion in 2016 due to a weak product lineup before bouncing back to $3 billion last year on the back of cryptocurrency demand.

Now, AMD looks all set to lose its cryptocurrency boost, and the future of the semi-custom business seems cloudy until the next console refresh happens.

Why AMD can't compete with NVIDIA

Now that AMD has reportedly devoted substantial resources toward developing a console-oriented GPU, it will miss out on the high-end PC gaming hardware market. This is because the Navi architecture is expected�to be of mid-range spec. This seems like a real possibility, as Navi has originally been developed for a console platform that usually has inferior specs compared to a PC.

By comparison, NVIDIA is looking to push the envelope further by launching its next-generation Turing GPUs later this year. AMD's Vega cards could hardly stand against�NVIDIA's two-year-old GPUs when they were launched late last year, so the green army could extend its advantage with a new set of cards.

As such, AMD will be left to compete in the mid-range GPU space, thereby forgoing the fat profits it would have made in the premium segment. In fact, the company's computing and graphics segment was its primary growth driver last year as it delivered�an operating profit of $147 million as compared to a $238 million loss the year before.

AMD is betting on a business where its profits are shrinking instead of going for the more prolific GPU business. As such, it isn't surprising to see the company's earnings are expected to grow at a measly compound annual growth rate of just 0.40% for the next five years, as its earnings power will diminish thanks to the lower margin of the semi-custom business and the lack of a cutting-edge GPU product that'll help it compete in the high-end space against NVIDIA.

Best Buy Co Inc (BBY) Receives $71.43 Consensus Target Price from Analysts

Best Buy Co Inc (NYSE:BBY) has been given an average rating of “Hold” by the twenty-two ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $71.43.

Several research firms have commented on BBY. Loop Capital set a $85.00 price target on Best Buy and gave the company a “buy” rating in a report on Thursday, May 24th. Zacks Investment Research cut Best Buy from a “buy” rating to a “hold” rating in a report on Monday, May 28th. Wedbush reissued a “sell” rating and issued a $48.00 target price on shares of Best Buy in a report on Monday, May 21st. Wells Fargo & Co initiated coverage on Best Buy in a report on Monday, April 23rd. They issued a “market perform” rating and a $77.00 target price for the company. Finally, ValuEngine cut Best Buy from a “buy” rating to a “hold” rating in a report on Saturday, May 26th.

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Best Buy stock traded down $0.72 during trading hours on Friday, hitting $73.63. The stock had a trading volume of 1,185,668 shares, compared to its average volume of 3,577,865. The company has a quick ratio of 0.56, a current ratio of 1.27 and a debt-to-equity ratio of 0.23. The stock has a market cap of $20.77 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 1.39 and a beta of 0.85. Best Buy has a fifty-two week low of $51.61 and a fifty-two week high of $79.90.

Best Buy (NYSE:BBY) last posted its quarterly earnings results on Thursday, May 24th. The technology retailer reported $0.82 EPS for the quarter, beating the consensus estimate of $0.74 by $0.08. The firm had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $8.75 billion. Best Buy had a return on equity of 36.16% and a net margin of 2.39%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. analysts expect that Best Buy will post 5.01 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 5th. Investors of record on Thursday, June 14th will be given a dividend of $0.45 per share. The ex-dividend date is Wednesday, June 13th. This represents a $1.80 dividend on an annualized basis and a yield of 2.44%. Best Buy’s dividend payout ratio (DPR) is presently 40.72%.

In related news, insider Rajendra M. Mohan sold 2,617 shares of the stock in a transaction that occurred on Friday, May 25th. The stock was sold at an average price of $70.98, for a total transaction of $185,754.66. Following the sale, the insider now directly owns 97,897 shares in the company, valued at approximately $6,948,729.06. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Asheesh Saksena sold 18,570 shares of the stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $73.69, for a total value of $1,368,423.30. Following the sale, the insider now owns 77,478 shares in the company, valued at $5,709,353.82. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,999 shares of company stock worth $2,344,505. 0.75% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBY. SWS Partners bought a new position in Best Buy in the 4th quarter valued at $110,000. Bristol John W & Co. Inc. NY bought a new position in Best Buy in the 1st quarter valued at $129,000. Private Capital Group LLC boosted its position in Best Buy by 850.7% in the 1st quarter. Private Capital Group LLC now owns 2,852 shares of the technology retailer’s stock valued at $201,000 after buying an additional 2,552 shares during the last quarter. Trexquant Investment LP bought a new position in Best Buy in the 1st quarter valued at $212,000. Finally, First Commonwealth Financial Corp PA bought a new position in Best Buy in the 4th quarter valued at $212,000. Institutional investors and hedge funds own 88.41% of the company’s stock.

About Best Buy

Best Buy Co, Inc operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide consumer electronics, including digital imaging, health and fitness, home automation, home theater, and portable audio products; computing and mobile phones, such as computing and peripherals, networking products, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, including drones, movies, music, and technology toys, as well as gaming hardware and software, and virtual reality and other software products.

Trade Is an Afterthought in a Stock Market Still Glued to Earnings

LISTEN TO ARTICLE 3:57 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email

Of all the forces swaying equity prices, earnings expectations are the hardest to see. They don’t make headlines, are difficult to quantify and get lost in the din around trade wars and politics.

Yet ignoring them is to miss the biggest part of what influences the market -- the force that keeps the peace in a week like this. Stocks twist and turn, Donald Trump tweets about China and Europe, the Fed ponders higher rates. Then a five-day chart shows major U.S. indexes have barely budged, because nothing has happened to cause earnings estimates to change.

“It’s certainly muting some of the impact we might otherwise see,” Peter Jankovskis, co-chief investment officer at Oakbrook Investments, said by phone. “That’s giving hope to people that if things are resolved that we’ll be able to maintain that momentum, and that’s part of the reason that we’re not seeing the dramatic moves that we saw during the first quarter.”

Profit forecasts have been calling the tune in equities all year. According to Bank of America, a strategy that buys and sells shares based on earnings sentiment has beaten every other equity factor in 2018. Companies with the best estimate revisions have outpaced those with the worst by 13 percentage points.

Estimates keep rising. At present, analysts expect S&P 500 companies to earn $158.70 a share in 2018, $175.90 in 2019 and $193.70 in 2020. Each is up appreciably from the end of the first quarter. Using next year’s projection, the index’s price-earnings ratio -- above 21 based on profits in the last 12 months -- falls to around 16, smack at its historical average.

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Calm prevailed in the market during a week when Trump’s threat of tariffs on European auto imports and $200 billion of Chinese goods provoked promises of retaliation. The S&P 500 moved no more than 0.6 percent each day and ended the week down 0.9 percent, its first decline in one month.

None of this is to say investors are totally ignoring the trade drama. Underneath the tranquil surface, fissures have flared as money flowed out of multinational firms to domestic-oriented stocks.

The Dow Jones Industrial Average, including global giants such as Caterpillar and Boeing, slipped 2 percent for the worst week in three months. By contrast, small-cap stocks, which derive their revenue mainly from within the U.S., reached fresh records. Up eight weeks in a row, the Russell 2000 is enjoying its best run in almost five years.

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Within industries, trade is also dividing stocks. In tech, chipmakers are trailing internet shares. Among industrials, machinery manufacturers are lagging behind transports.

Yet all the rotations have done little damage to the broad market and the S&P 500 hovered near a three-month high. While no real impact from a trade war is expected for the second quarter, investors will look to the earnings calls to gauge the potential fallout, according to Joe “JJ” Kinahan, the chief market strategist at TD Ameritrade.

“We’d all be surprised if you didn’t hear a Caterpillar and a Deere and a Boeing sort of address it,” he said by phone. “The area of particular interest is going to be technology and more specifically semiconductors. Will they address it? Do they see it as being a hindrance going forward?”

Banks are scheduled to start the reporting season next month. Profits from S&P 500 companies are expected to increase 20 percent in the March-June period, analyst estimates compiled by Bloomberg show.

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A 10 percent increase in import costs from trade tariffs would reduce S&P 500’s per-share earnings by 3 to 4 percent, according to BofA strategists led by Savita Subramanian. Meanwhile, driven by tax cuts and improving demand, analysts are boosting their earnings forecasts at an unprecedented pace.

“The equity market has remained resilient despite rising trade tensions; fundamentals have trumped macro so far this year,” Subramanian wrote in a note earlier this week. “Scary headlines might be more hype than reality: as of now.”

Thank God! India among top EMs that show no signs of major financial stress

Global research firm, Nomura, has flagged concerns on financial stress in emerging markets (EMs) based on what it calls ��early warning indicators�� (EWIs). However, India, among other few Asian economies, is an exception as it showed no signs of stress in the past three years.

In a research note, the firm highlighted how emerging markets showed signals in the past 12 quarters, which qualified as EWIs. "Note that our EWIs are designed to warn of domestic credit and financial risks rather than balance of payments risk," it said in a statement. These EWIs flash a signal of a financial crisis occurring within the next 12 quarters when they breach predefined thresholds.

Nomura noted that Asia was most at risk among these segments. On a nation-specific basis, Hong Kong tops the chart with around 52 signals in the past 12 quarters, while India, Korea, Hungary, and Poland were among the few nations that showed no signs of risk.

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This is a major change from the conditions just before the global financial crisis when, in Q3 2008, the 12 DMs had a whopping 251 EWIs flashing red. Zooming in on Asia, Hong Kong looks the most vulnerable, with 52 EWIs flashing, up from 50 in Q3 �� more than during the peak of the Asian crisis.

��Buffers notwithstanding, Hong Kong has the classic symptoms of what have caused many past financial crises: an overvalued property market and high debt, leaving the city vulnerable to an accelerated Fed hiking cycle (local rates are closely linked to US rates because of the HKD peg),�� analysts at Nomura wrote in the note.

Meanwhile, it observed that China showed encouraging trends as indicators point to a peaking out of such threats. EWIs in China peaked in Q2 2017 at 36, before falling to 35 in Q3 and 33 in Q4.

This presents tentative evidence that financial deleveraging efforts are starting to pay off, Nomura added in its report.

��Credit and property gaps (from their long-run trend) have narrowed from 15.8pp and 28.0pp in Q3 2017, respectively. Overall, these are nascent signs that China��s policy efforts to crack down on shadow financing and property market speculation are paying dividends.�� First Published on Jun 22, 2018 12:40 pm

Zacks: Analysts Expect Kite Realty Group Trust (KRG) Will Announce Earnings of $0.50 Per Share

Wall Street brokerages expect Kite Realty Group Trust (NYSE:KRG) to announce $0.50 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Kite Realty Group Trust’s earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.51. Kite Realty Group Trust reported earnings per share of $0.54 during the same quarter last year, which suggests a negative year over year growth rate of 7.4%. The company is scheduled to report its next quarterly earnings results on Wednesday, July 25th.

On average, analysts expect that Kite Realty Group Trust will report full year earnings of $2.00 per share for the current fiscal year, with EPS estimates ranging from $1.98 to $2.02. For the next year, analysts anticipate that the company will post earnings of $2.04 per share, with EPS estimates ranging from $2.02 to $2.06. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Kite Realty Group Trust.

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Kite Realty Group Trust (NYSE:KRG) last announced its earnings results on Wednesday, April 25th. The real estate investment trust reported $0.51 EPS for the quarter, beating the consensus estimate of $0.49 by $0.02. The business had revenue of $89.76 million for the quarter, compared to the consensus estimate of $88.38 million. Kite Realty Group Trust had a negative return on equity of 0.38% and a negative net margin of 1.69%. The company’s revenue was down .4% on a year-over-year basis. During the same period last year, the business posted $0.51 EPS.

Several equities research analysts recently commented on KRG shares. Robert W. Baird reiterated a “buy” rating and set a $19.00 target price on shares of Kite Realty Group Trust in a report on Wednesday, March 21st. Barclays reiterated a “buy” rating and set a $20.00 target price on shares of Kite Realty Group Trust in a report on Thursday, March 8th. TheStreet downgraded Kite Realty Group Trust from a “c” rating to a “d+” rating in a report on Wednesday, April 25th. Sandler O’Neill set a $15.00 target price on Kite Realty Group Trust and gave the company a “hold” rating in a report on Tuesday, April 24th. Finally, ValuEngine downgraded Kite Realty Group Trust from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $18.57.

A number of hedge funds have recently bought and sold shares of KRG. Certified Advisory Corp purchased a new stake in Kite Realty Group Trust during the 4th quarter worth approximately $137,000. Bridgeworth LLC purchased a new stake in Kite Realty Group Trust during the 1st quarter worth approximately $171,000. SG Americas Securities LLC increased its holdings in Kite Realty Group Trust by 78.3% during the 1st quarter. SG Americas Securities LLC now owns 11,693 shares of the real estate investment trust’s stock worth $178,000 after purchasing an additional 5,135 shares during the last quarter. Xact Kapitalforvaltning AB purchased a new stake in Kite Realty Group Trust during the 4th quarter worth approximately $202,000. Finally, Element Capital Management LLC purchased a new stake in Kite Realty Group Trust during the 1st quarter worth approximately $240,000. Institutional investors own 93.75% of the company’s stock.

Shares of NYSE:KRG remained flat at $$16.60 during mid-day trading on Tuesday. The company had a trading volume of 802,779 shares, compared to its average volume of 776,956. The stock has a market cap of $1.38 billion, a P/E ratio of 8.14, a P/E/G ratio of 1.93 and a beta of 0.51. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.08. Kite Realty Group Trust has a 1-year low of $13.87 and a 1-year high of $21.57.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, July 6th will be issued a dividend of $0.317 per share. The ex-dividend date of this dividend is Thursday, July 5th. This represents a $1.27 annualized dividend and a yield of 7.64%. Kite Realty Group Trust’s dividend payout ratio is presently 62.25%.

Kite Realty Group Trust Company Profile

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) engaged primarily in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in select markets in the United States. As of December 31, 2017, we owned interests in 117 operating and redevelopment properties totaling approximately 23.3 million square feet and two development projects currently under construction.

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Hot Tech Stocks To Invest In Right Now

tags:ON,EVTC,DSGX,MITK,AMSWA,

Overview

In this series of articles, I will be taking a look at various industry sectors and selecting what I believe will be outperforming stocks for 2016. In the first article, I reviewed the airline industry and selected my top stock for next year which turned out to be Alaska Air Group (NYSE:ALK). For this second article, I will review the following Auto stocks:

Fiat Chrysler Automobiles (NYSE:FCAU) Ford Motor (NYSE:F) General Motors (NYSE:GM) Harley-Davidson (NYSE:HOG) Honda Motor (NYSE:HMC) Kandi Technologies Group (NASDAQ:KNDI) Tesla Motors (NASDAQ:TSLA) Thor Industries (NYSE:THO) Toyota Motor (NYSE:TM) Winnebago Industries (NYSE:WGO)

Step 1

The first step I took to narrow down the list of possible options was to look at the earnings over the past five years of these stocks within the industry sector. I removed any stock that had negative earnings growth over the past five years. The stocks with negative earnings include:

Fiat Chrysler Automobiles Ford Honda Motor Kandi Technologies Group Tesla Motors Toyota Motor

Step 2

Hot Tech Stocks To Invest In Right Now: ON Semiconductor Corporation(ON)

Advisors' Opinion:

• [By Lee Jackson]

  Aggressive accounts may want to look at this smaller cap play. ON Semiconductor Corp. (NASDAQ: ON) is a vendor of analog power management, analog signal conditioning, standard logic integrated circuits and discrete chips into the automotive, communications, computing, consumer, industrial and medical applications. The company is in the midst of a transformation from a seller of commodity discrete chips into higher value added analog integrated circuits, both through organic growth and acquisitions.

• [By Asit Sharma]

  Stock in semiconductor manufacturer ON Semiconductor Corp. (NASDAQ:ON) rose 13.8% in May, according to data from S&P Global Market Intelligence.

• [By Shane Hupp]

  Cornercap Investment Counsel Inc. boosted its position in shares of ON Semiconductor Corp (NASDAQ:ON) by 39.9% in the 1st quarter, Holdings Channel reports. The firm owned 75,020 shares of the semiconductor company’s stock after buying an additional 21,395 shares during the quarter. Cornercap Investment Counsel Inc.’s holdings in ON Semiconductor were worth $1,835,000 at the end of the most recent quarter.

Hot Tech Stocks To Invest In Right Now: Evertec, Inc.(EVTC)

Advisors' Opinion:

• [By Shane Hupp]

  Equities research analysts at Raymond James initiated coverage on shares of Evertec (NYSE:EVTC) in a report released on Friday, MarketBeat reports. The firm set a “market perform” rating on the business services provider’s stock.

• [By Joseph Griffin]

  Evertec (NYSE:EVTC) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Hot Tech Stocks To Invest In Right Now: The Descartes Systems Group Inc.(DSGX)

Advisors' Opinion:

• [By Max Byerly]

  Descartes Systems Group (TSE:DSG) (NASDAQ:DSGX) had its target price lifted by Barclays from C$43.00 to C$45.00 in a research report report published on Thursday.

• [By Stephan Byrd]

  Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$39.94 and last traded at C$39.84, with a volume of 62385 shares traded. The stock had previously closed at C$39.71.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Descartes Systems Group (DSGX)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Ethan Ryder]

  Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research report issued on Thursday.

Hot Tech Stocks To Invest In Right Now: Mitek Systems, Inc.(MITK)

Advisors' Opinion:

• [By Motley Fool Staff]

  Many consumers prefer to deposit a check on their smartphone instead of visiting a bank branch or ATM in person. However, most banks lack the technological know-how to make this process work. That's why thousands of them have partnered with Mitek Systems (NASDAQ:MITK), a leading provider of image capture and identity verification software that makes it possible for banks to offer this must-have service to their customers.

• [By Brian Feroldi]

  In this episode of Industry Focus: Tech, host Dylan Lewis and Motley Fool contributor Brian Feroldi take a close look at GrubHub (NYSE:GRUB), BlackLine (NASDAQ:BL), and Mitek (NASDAQ:MITK). Find out what each company does, and how they do it so well; the biggest risks that each faces; just how big the growth runways are for these relatively niche players; which one is Brian's favorite of the three; and more.

• [By Shane Hupp]

  Mitek Systems Inc. (NASDAQ:MITK) Director Bruce Edward Hansen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, May 30th. The stock was sold at an average price of $8.73, for a total transaction of $349,200.00. Following the completion of the sale, the director now owns 81,135 shares of the company’s stock, valued at approximately $708,308.55. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Hot Tech Stocks To Invest In Right Now: American Software, Inc.(AMSWA)

Advisors' Opinion:

• [By Stephan Byrd]

  BidaskClub upgraded shares of American Software (NASDAQ:AMSWA) from a hold rating to a buy rating in a research report sent to investors on Monday.

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on American Software (AMSWA)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com