SG Americas Securities LLC Has $120000 Holdings in Resources Connection, Inc. (NASDAQ …

Acadian Asset Management LLC grew its position in Resources Connection by 6.2% during the 3rd quarter. Acadian Asset Management LLC now …

Resources Connection logoSG Americas Securities LLC reduced its holdings in shares of Resources Connection, Inc. (NASDAQ:RECN) by 37.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,247 shares of the business services provider’s stock after selling 4,419 shares during the period. SG Americas Securities LLC’s holdings in Resources Connection were worth $120,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Northern Trust Corp grew its position in Resources Connection by 0.8% during the 2nd quarter. Northern Trust Corp now owns 392,222 shares of the business services provider’s stock worth $6,629,000 after purchasing an additional 3,104 shares during the last quarter. Acadian Asset Management LLC grew its position in Resources Connection by 6.2% during the 3rd quarter. Acadian Asset Management LLC now owns 59,241 shares of the business services provider’s stock worth $983,000 after purchasing an additional 3,473 shares during the last quarter. Wells Fargo & Company MN grew its position in Resources Connection by 7.8% during the 3rd quarter. Wells Fargo & Company MN now owns 48,292 shares of the business services provider’s stock worth $802,000 after purchasing an additional 3,504 shares during the last quarter. Legal & General Group Plc grew its position in Resources Connection by 6.9% during the 2nd quarter. Legal & General Group Plc now owns 58,626 shares of the business services provider’s stock worth $999,000 after purchasing an additional 3,765 shares during the last quarter. Finally, Raymond James & Associates grew its position in Resources Connection by 6.3% during the 2nd quarter. Raymond James & Associates now owns 79,358 shares of the business services provider’s stock worth $1,341,000 after purchasing an additional 4,710 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors.

In other news, Director Anthony Cherbak sold 31,750 shares of the stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $15.79, for a total value of $501,332.50. Following the completion of the sale, the director now directly owns 52,429 shares of the company’s stock, valued at $827,853.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.80% of the stock is currently owned by corporate insiders.

Several research analysts have issued reports on the stock. Zacks Investment Research raised shares of Resources Connection from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Wednesday, October 10th. Robert W. Baird lowered their target price on shares of Resources Connection from $19.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, January 4th. ValuEngine downgraded shares of Resources Connection from a “buy” rating to a “hold” rating in a report on Wednesday, October 3rd. Finally, BidaskClub downgraded shares of Resources Connection from a “strong-buy” rating to a “buy” rating in a report on Friday, December 7th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $17.00.

Resources Connection stock traded down $0.09 during trading on Monday, reaching $16.44. The company had a trading volume of 174,644 shares, compared to its average volume of 196,417. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.28 and a current ratio of 2.28. Resources Connection, Inc. has a 12-month low of $12.72 and a 12-month high of $19.50. The company has a market cap of $521.55 million, a price-to-earnings ratio of 16.78 and a beta of 1.10.

Resources Connection (NASDAQ:RECN) last posted its earnings results on Thursday, January 3rd. The business services provider reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.10. The business had revenue of $188.80 million for the quarter, compared to analysts’ expectations of $185.05 million. Resources Connection had a net margin of 3.44% and a return on equity of 11.77%. Sell-side analysts predict that Resources Connection, Inc. will post 1 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 13th. Shareholders of record on Wednesday, February 13th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date is Tuesday, February 12th. Resources Connection’s payout ratio is 53.06%.

COPYRIGHT VIOLATION WARNING: “SG Americas Securities LLC Has $120,000 Holdings in Resources Connection, Inc. (NASDAQ:RECN)” was first posted by Fairfield Current and is the property of of Fairfield Current. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international trademark & copyright law. The legal version of this piece of content can be read at https://www.fairfieldcurrent.com/news/2019/01/21/sg-americas-securities-llc-has-120000-position-in-resources-connection-inc-recn.html.

Resources Connection Profile

Resources Connection, Inc provides business consulting services under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers process transformation and optimization, financial reporting and analysis, technical and operational accounting, and merger and acquisition due diligence and integration services; new accounting standards implementation and remediation support services; and audit readiness, and preparation and response services.

See Also: What is an investor looking for in an SEC filing?

Institutional Ownership by Quarter for Resources Connection (NASDAQ:RECN)

Receive News & Ratings for Resources Connection Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Resources Connection and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Lattice Semiconductor Corporation (LSCC) Under Investor Scrutiny as Price Index Touches 1.118797

Lattice Semiconductor Corporation (LSCC) currently has a 6 month price index of 1.118797. The six month price index is calculated by dividing the …

Separating the winners from the losers is a constant challenge for investors. Many focused investors may look to track stock momentum based on historical prices. Lattice Semiconductor Corporation (LSCC) currently has a 6 month price index of 1.118797. The six month price index is calculated by dividing the current share price by the share price six months ago. A ratio over one represents an increase in the stock price over the six month time frame. A ratio under one shows that the price has lowered over that defined time period.

When it comes to securing profits in the stock market, investors may be trying to find a perfect system to help attain that goal. Dedicated investors may try strategies that have been passed on to them from other seasoned investors. Even after reading every piece of literature about investing, it might be hard to figure out which way is the best way to successfully conquer the market. Studying up on company fundamentals and following technical stock levels can be a good place to start, but creating and implementing a plan can be difficult. As we all know, markets change over time. What drives a market during one point in time may not drive the market at a future date. Knowing what to look for when studying technical levels or fundamentals may help lead down the path to increased profits. Many investors will choose to study the indicators with the highest probability of forecasting future market action.

Gross Margin

Robert Novy-Marx, a professor at the university of Rochester, discovered that gross profitability – a quality factor – has as much power predicting stock returns as traditional value metrics. He found that while other quality measures had some predictive power, especially on small caps and in conjunction with value measures, gross profitability generates significant excess returns as a stand alone strategy, especially on big cap stocks.

Market watchers may also be following some quality ratios for Lattice Semiconductor Corporation (LSCC). Robert Novy-Marx, a professor at the university of Rochester, discovered that gross profitability – a quality factor – has as much power predicting stock returns as traditional value metrics. He found that while other quality measures had some predictive power, especially on small caps and in conjunction with value measures, gross profitability generates significant excess returns as a stand alone strategy, especially on large cap stocks.The Gross profitability for (LSCC) is 0.354782.

Investors may be taking a closer look stock market trends as we move into the second half of the year. Investors often have to grapple with the timing of selling a stock. After all the research is done and the portfolio is rounded out, the time will eventually come when decisions need to be made about whether to hold a winner or sell to lock up some profits. Often times, investors will hold on to a certain stock for much too long letting profits erode. Thinking that a hot stock will keep going higher and higher, may lead to lost profits further down the road. On the flip side, investors may become emotionally attached to a stock and not be able to part ways when the time has come. Avoiding the trap of waiting for a stock to bounce back and just break even can lead to the undoing of the portfolio. The belief that a particular stock will definitely come back to the buying level may leave investors out in the cold. Being able to keep the emotions in check and stay focused on the pertinent data, may help the stock portfolio thrive into the future.

FCF

Free Cash Flow Growth (FCF Growth) is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow. The FCF Yield of Lattice Semiconductor Corporation (LSCC) is 0.014822. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. The 5 Year FCF Yield of Lattice Semiconductor Corporation (LSCC) is 0.014882 . Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

Investors paying close attention to the daily ebbs and flows of the stock market may be trying to guess which way momentum will swing into the next couple of months. Finding those stocks that are ready to ride the lightning may not be the easiest task with markets chugging along near all time highs. Investors may have to first figure out how much risk they want to take on when picking the next round of stocks. Once the risk appetite is determined, investors can start to decide whether they think it is best to go with the flow or buck the trend. Either way, paying attention to short-term and long-term price moves may help paint a clearer picture of what is happening with a particular stock. Maybe those stocks that were sure-fire winners a few months ago have lost some steam. Adjusting the portfolio may or may not be necessary, but knowing exactly what stocks are owned and how they are performing may help with additional decision making along the way. Of course nobody wants to be on the outside looking in as a stock is taking off, but there should be plenty of other opportunities in the future. Staying current with global economic conditions and keeping a finger on the pulse of the company during earnings season can help shed some light on where the stock may be headed next.

Investors may also be watching company stock volatility data. Lattice Semiconductor Corporation (LSCC)’s 12 month volatility is presently 44.9872. The 6 month volatility is 46.6309, and the 3 month is noted at 56.4799. Stock price volatility may be used to identify changes in market trends. When markets become very volatile, this may point to a change in investor sentiment. Watching volatility in combination with other technical indicators may help investors discover important trading information.

Net Debt to Market Cap

This ratio gives a sense of how much debt a company has relative to its market value. Companies with high debt levels compared to their peers can be volatile. We calculate it as follows:

Net Debt to Market Cap=(Total Debt-Cash and ST Investments) divided by Market Cap

Lattice Semiconductor Corporation (LSCC) currently has a net debt to market cap ratio of 0.16359.

Investors will be closely tracking stock market movements over the next few months. As we break into the second part of the year, many will be researching what they did right and what they did wrong in the first half. Recent market action may have investors questioning if a major pullback is on the horizon, or if momentum will turn back to the upside. Investors will have to determine if any tweaks will need to be made to the portfolio. If the economic data continues to display optimism, investors may be able to confidently make some moves to help bolster returns. Over the next few quarters, investors will be hoping that modest gains can turn into major gains.

Investment Analysts’ Weekly Ratings Changes for Jefferies Financial Group (JEF)

Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “ 1/11/2019 – Jefferies Financial …

Jefferies Financial Group logoA number of firms have modified their ratings and price targets on shares of Jefferies Financial Group (NYSE: JEF) recently:

  • 1/16/2019 – Jefferies Financial Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Jefferies Financial Group Inc. is a diversified financial services company. It engaged in investment banking and capital markets, merchant banking and an alternative asset management platform. The company’s financial service businesses are Berkadia which provide commercial mortgage banking, investment sales and servicing; Leucadia Asset Management provide asset management; HomeFed provide a publicly traded real estate company, FXCM provides online foreign exchange trading services and Foursight Capital provide vehicle finance. Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “
  • 1/11/2019 – Jefferies Financial Group had its price target lowered by analysts at Oppenheimer Holdings Inc. from $32.00 to $30.00.
  • 1/8/2019 – Jefferies Financial Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Jefferies Financial Group Inc. is a diversified financial services company. It engaged in investment banking and capital markets, merchant banking and an alternative asset management platform. The company’s financial service businesses are Berkadia which provide commercial mortgage banking, investment sales and servicing; Leucadia Asset Management provide asset management; HomeFed provide a publicly traded real estate company, FXCM provides online foreign exchange trading services and Foursight Capital provide vehicle finance. Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “
  • 1/4/2019 – Jefferies Financial Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “Jefferies Financial Group Inc. is a diversified financial services company. It engaged in investment banking and capital markets, merchant banking and an alternative asset management platform. The company’s financial service businesses are Berkadia which provide commercial mortgage banking, investment sales and servicing; Leucadia Asset Management provide asset management; HomeFed provide a publicly traded real estate company, FXCM provides online foreign exchange trading services and Foursight Capital provide vehicle finance. Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “
  • 12/6/2018 – Jefferies Financial Group was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Jefferies Financial Group Inc. is a diversified financial services company. It engaged in investment banking and capital markets, merchant banking and an alternative asset management platform. The company’s financial service businesses are Berkadia which provide commercial mortgage banking, investment sales and servicing; Leucadia Asset Management provide asset management; HomeFed provide a publicly traded real estate company, FXCM provides online foreign exchange trading services and Foursight Capital provide vehicle finance. Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “

Shares of Jefferies Financial Group stock traded up $0.48 on Monday, reaching $20.38. 2,458,553 shares of the company were exchanged, compared to its average volume of 1,977,046. The firm has a market capitalization of $6.58 billion, a PE ratio of 12.35 and a beta of 1.21. Jefferies Financial Group Inc has a fifty-two week low of $16.20 and a fifty-two week high of $28.11. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.97.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Thursday, October 25th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.03). Jefferies Financial Group had a return on equity of 5.07% and a net margin of 10.07%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $869.80 million. Analysts expect that Jefferies Financial Group Inc will post 0.95 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 28th. Stockholders of record on Friday, February 15th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.45%. Jefferies Financial Group’s payout ratio is presently 30.30%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC lifted its holdings in Jefferies Financial Group by 2.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 117,395 shares of the financial services provider’s stock worth $2,038,000 after acquiring an additional 2,370 shares in the last quarter. IMA Wealth Inc. grew its holdings in Jefferies Financial Group by 33.2% during the fourth quarter. IMA Wealth Inc. now owns 66,481 shares of the financial services provider’s stock worth $1,154,000 after purchasing an additional 16,584 shares during the period. State of Alaska Department of Revenue grew its holdings in Jefferies Financial Group by 10.2% during the fourth quarter. State of Alaska Department of Revenue now owns 70,105 shares of the financial services provider’s stock worth $1,216,000 after purchasing an additional 6,482 shares during the period. Palo Capital Inc. bought a new position in Jefferies Financial Group during the third quarter worth about $108,000. Finally, Federated Investors Inc. PA grew its holdings in Jefferies Financial Group by 784.0% during the third quarter. Federated Investors Inc. PA now owns 6,250 shares of the financial services provider’s stock worth $138,000 after purchasing an additional 5,543 shares during the period. 76.93% of the stock is owned by hedge funds and other institutional investors.

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

See Also: Stock Split

Receive News & Ratings for Jefferies Financial Group Inc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Jefferies Financial Group Inc and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

CIBC Reiterates Average Rating for Cornerstone Progressive Return Fund (CFP)

Cornerstone Progressive Return Fund (NYSEMKT:CFP)’s stock had its “average” rating reaffirmed by research analysts at CIBC in a research note …

Cornerstone Progressive Return Fund logoCornerstone Progressive Return Fund (NYSEMKT:CFP)‘s stock had its “average” rating reaffirmed by research analysts at CIBC in a research note issued to investors on Monday, January 14th. They currently have a $18.00 price objective on the investment management company’s stock.

A number of other equities analysts have also commented on CFP. Royal Bank of Canada reaffirmed an “average” rating and issued a $29.00 price objective on shares of Cornerstone Progressive Return Fund in a research note on Friday, November 16th. TD Securities reaffirmed an “average” rating and issued a $26.00 price objective on shares of Cornerstone Progressive Return Fund in a research note on Monday, January 7th.

Cornerstone Progressive Return Fund Company Profile

Cornerstone Progressive Return Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return. The Fund invests primarily all of its assets in equity securities of the United States issuers, non- United States issuers whose securities trade on the United States securities exchange or over the counter or as American depositary receipts (ADRs) or other forms of depositary receipts, such as international depositary receipts (IDRs), which trade in the United States, closed-end investment companies and exchange-traded funds (ETFs).

Recommended Story: Compound Interest

Receive News & Ratings for Cornerstone Progressive Return Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Cornerstone Progressive Return Fund and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Head-To-Head Review: Senmiao Technology (AIHS) & Mogo Finance Technology (MOGO)

Senmiao Technology (NASDAQ:AIHS) and Mogo Finance Technology (NASDAQ:MOGO) are both small-cap computer and technology companies, …

Senmiao Technology (NASDAQ:AIHS) and Mogo Finance Technology (NASDAQ:MOGO) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability.

Analyst Ratings

This is a breakdown of recent recommendations for Senmiao Technology and Mogo Finance Technology, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Senmiao Technology 0 0 0 0 N/A
Mogo Finance Technology 0 0 4 0 3.00
Mogo Finance Technology has a consensus target price of $7.08, indicating a potential upside of 218.78%. Given Mogo Finance Technology’s higher possible upside, analysts plainly believe Mogo Finance Technology is more favorable than Senmiao Technology.

Profitability

This table compares Senmiao Technology and Mogo Finance Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Senmiao Technology N/A N/A N/A
Mogo Finance Technology -39.52% -1,609.72% -15.25%

Institutional and Insider Ownership

0.4% of Senmiao Technology shares are owned by institutional investors. Comparatively, 5.5% of Mogo Finance Technology shares are owned by institutional investors. 45.2% of Senmiao Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Senmiao Technology and Mogo Finance Technology’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Senmiao Technology $500,000.00 215.84 -$9.85 million N/A N/A
Mogo Finance Technology $37.54 million 1.37 -$15.21 million ($0.68) -3.27

Senmiao Technology has higher earnings, but lower revenue than Mogo Finance Technology.

Summary

Senmiao Technology beats Mogo Finance Technology on 6 of the 10 factors compared between the two stocks.

About Senmiao Technology

Senmiao Technology logoSenmiao Technology Limited, through its interest in Sichuan Senmiao Ronglian Technology Co., Ltd., operates an online lending platform connecting Chinese investors with individual and small- to-medium-sized enterprise borrowers in China. Its platform offers access to credit to borrowers and creditors, and investment returns for investors. The company was incorporated in 2017 and is based in Chengdu, China.

About Mogo Finance Technology

Mogo Finance Technology logoMogo Finance Technology Inc. operates as a financial technology company in Canada. The company offers its products to help consumers enhance their financial health. It offers digital access to free monthly credit score monitoring; MogoCard, a Mogo Platinum Prepaid Visa card; MogoMoney personal loans; MogoProtect to identity fraud protection; and MogoMortgage, a digital mortgage brokerage solution. Mogo Finance Technology Inc. was founded in 2003 and is headquartered in Vancouver, Canada.

Receive News & Ratings for Senmiao Technology Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Senmiao Technology and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts