Express Scripts Holding Co (ESRX) Holdings Raised by Vanguard Group Inc

Vanguard Group Inc boosted its position in Express Scripts Holding Co (NASDAQ:ESRX) by 1.5% in the third quarter, according to its most recent filing …

Express Scripts logoVanguard Group Inc boosted its position in Express Scripts Holding Co (NASDAQ:ESRX) by 1.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 40,305,179 shares of the company’s stock after purchasing an additional 580,336 shares during the period. Vanguard Group Inc owned about 7.15% of Express Scripts worth $3,829,396,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Capital International Investors boosted its stake in Express Scripts by 370.4% in the third quarter. Capital International Investors now owns 11,842,955 shares of the company’s stock valued at $1,125,199,000 after acquiring an additional 9,325,455 shares during the last quarter. Abrams Capital Management L.P. purchased a new position in Express Scripts in the second quarter valued at about $204,846,000. Canada Pension Plan Investment Board boosted its stake in Express Scripts by 124.5% in the second quarter. Canada Pension Plan Investment Board now owns 1,971,200 shares of the company’s stock valued at $152,196,000 after acquiring an additional 1,093,200 shares during the last quarter. FMR LLC boosted its stake in Express Scripts by 72.0% in the third quarter. FMR LLC now owns 2,442,388 shares of the company’s stock valued at $232,051,000 after acquiring an additional 1,022,548 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in Express Scripts by 1.5% in the second quarter. BlackRock Inc. now owns 35,424,185 shares of the company’s stock valued at $2,735,103,000 after acquiring an additional 538,578 shares during the last quarter. 84.89% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently commented on ESRX shares. Zacks Investment Research restated a “buy” rating and set a $109.00 price target on shares of Express Scripts in a research note on Tuesday, November 13th. BidaskClub upgraded shares of Express Scripts from a “hold” rating to a “buy” rating in a research note on Tuesday, September 18th. ValuEngine upgraded shares of Express Scripts from a “hold” rating to a “buy” rating in a research note on Monday, September 17th. Royal Bank of Canada set a $101.00 price target on shares of Express Scripts and gave the company a “buy” rating in a research note on Thursday, November 1st. Finally, Cowen reiterated a “buy” rating and issued a $88.00 target price on shares of Express Scripts in a research note on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Express Scripts presently has a consensus rating of “Hold” and a consensus target price of $92.14.

In related news, Director Mahon Thomas P. Mac sold 5,234 shares of the stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $99.50, for a total value of $520,783.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.79% of the company’s stock.

ESRX stock traded up $0.21 during mid-day trading on Friday, reaching $99.16. 123,287 shares of the stock traded hands, compared to its average volume of 4,203,944. The company has a quick ratio of 0.65, a current ratio of 0.77 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $54.65 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 1.22 and a beta of 0.88. Express Scripts Holding Co has a one year low of $66.93 and a one year high of $101.73.

Express Scripts (NASDAQ:ESRX) last issued its earnings results on Wednesday, October 31st. The company reported $2.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.42 by $0.01. Express Scripts had a net margin of 4.83% and a return on equity of 25.43%. The company had revenue of $25.56 billion for the quarter, compared to analysts’ expectations of $25.11 billion. During the same period in the prior year, the business earned $2.51 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. As a group, equities research analysts expect that Express Scripts Holding Co will post 9.08 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Express Scripts Holding Co (ESRX) Holdings Raised by Vanguard Group Inc” was originally posted by Fairfield Current and is owned by of Fairfield Current. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.fairfieldcurrent.com/news/2018/12/14/express-scripts-holding-co-esrx-holdings-raised-by-vanguard-group-inc.html.

Express Scripts Profile

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States and Canada. The company’s PBM segment offers clinical solutions; and specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, public exchange, administration of group purchasing organization, and digital consumer health and drug information services.

Featured Article: How Short Selling Works

Want to see what other hedge funds are holding ESRX?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Express Scripts Holding Co (NASDAQ:ESRX).

Institutional Ownership by Quarter for Express Scripts (NASDAQ:ESRX)

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

Related Posts:

  • No Related Posts

Vanguard Group Inc Buys 357032 Shares of General Dynamics Co. (GD)

Vanguard Group Inc increased its stake in General Dynamics Co. (NYSE:GD) by 1.7% during the 3rd quarter, according to the company in its most …

General Dynamics logoVanguard Group Inc increased its stake in General Dynamics Co. (NYSE:GD) by 1.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,905,951 shares of the aerospace company’s stock after purchasing an additional 357,032 shares during the period. Vanguard Group Inc owned 7.06% of General Dynamics worth $4,279,866,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GD. BlackRock Inc. raised its stake in General Dynamics by 2.5% during the 3rd quarter. BlackRock Inc. now owns 17,451,297 shares of the aerospace company’s stock valued at $3,572,628,000 after acquiring an additional 426,955 shares in the last quarter. Matthew Goff Investment Advisor LLC raised its stake in General Dynamics by 18,540.8% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 4,959,204 shares of the aerospace company’s stock valued at $26,604,000 after acquiring an additional 4,932,600 shares in the last quarter. Franklin Resources Inc. raised its stake in General Dynamics by 1.0% during the 3rd quarter. Franklin Resources Inc. now owns 3,802,784 shares of the aerospace company’s stock valued at $778,507,000 after acquiring an additional 37,756 shares in the last quarter. Capital International Investors increased its position in shares of General Dynamics by 79.5% during the 3rd quarter. Capital International Investors now owns 2,642,678 shares of the aerospace company’s stock valued at $541,009,000 after purchasing an additional 1,170,662 shares during the period. Finally, Capital World Investors acquired a new position in shares of General Dynamics during the 3rd quarter valued at $492,331,000. 86.37% of the stock is currently owned by institutional investors and hedge funds.

In other General Dynamics news, Director Catherine B. Reynolds purchased 600 shares of the stock in a transaction dated Friday, December 7th. The shares were acquired at an average price of $167.64 per share, for a total transaction of $100,584.00. Following the completion of the acquisition, the director now owns 1,153 shares of the company’s stock, valued at approximately $193,288.92. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark Malcolm purchased 3,000 shares of the stock in a transaction dated Friday, October 26th. The shares were acquired at an average price of $169.87 per share, for a total transaction of $509,610.00. Following the acquisition, the director now directly owns 4,455 shares of the company’s stock, valued at approximately $756,770.85. The disclosure for this purchase can be found here. Insiders own 6.90% of the company’s stock.

Shares of NYSE GD traded down $1.28 during mid-day trading on Friday, reaching $169.73. The company had a trading volume of 13,461 shares, compared to its average volume of 1,507,083. The company has a quick ratio of 0.87, a current ratio of 1.27 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $50.71 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.42 and a beta of 0.98. General Dynamics Co. has a 1-year low of $164.76 and a 1-year high of $230.00.

General Dynamics (NYSE:GD) last issued its earnings results on Wednesday, October 24th. The aerospace company reported $2.89 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.76 by $0.13. The business had revenue of $9.09 billion for the quarter, compared to analysts’ expectations of $9.41 billion. General Dynamics had a return on equity of 27.22% and a net margin of 9.01%. The company’s quarterly revenue was up 20.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.52 EPS. As a group, analysts anticipate that General Dynamics Co. will post 11.31 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 8th. Investors of record on Friday, January 18th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, January 17th. General Dynamics’s payout ratio is 37.39%.

GD has been the topic of several research analyst reports. Drexel Hamilton reiterated a “buy” rating and set a $230.00 price target on shares of General Dynamics in a research report on Thursday, August 16th. Zacks Investment Research cut General Dynamics from a “hold” rating to a “sell” rating in a research report on Wednesday, October 10th. Cowen reiterated a “buy” rating and set a $253.00 price target on shares of General Dynamics in a research report on Monday, October 15th. Wells Fargo & Co lowered their price target on General Dynamics from $250.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, October 25th. Finally, Citigroup lowered their price target on General Dynamics from $210.00 to $195.00 and set a “neutral” rating on the stock in a research report on Thursday, October 25th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $227.44.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://www.fairfieldcurrent.com/news/2018/12/14/vanguard-group-inc-buys-357032-shares-of-general-dynamics-co-gd.html.

About General Dynamics

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. The Aerospace group designs, develops, manufactures, service and supports business-jet aircraft; and provides aircraft services, such as maintenance, aircraft management, charter, fixed-base operational, and staffing services.

Featured Story: Do You Need a Fiduciary?

Want to see what other hedge funds are holding GD?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Dynamics Co. (NYSE:GD).

Institutional Ownership by Quarter for General Dynamics (NYSE:GD)

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

Related Posts:

  • No Related Posts

Vanguard Group Inc Has $3.38 Billion Position in Target Co. (TGT)

Vanguard Group Inc increased its holdings in Target Co. (NYSE:TGT) by 0.4% during the third quarter, according to the company in its most recent 13F …

Target logoVanguard Group Inc increased its holdings in Target Co. (NYSE:TGT) by 0.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,331,487 shares of the retailer’s stock after purchasing an additional 151,096 shares during the quarter. Vanguard Group Inc owned 7.35% of Target worth $3,381,221,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Harvest Fund Management Co. Ltd purchased a new position in shares of Target in the third quarter valued at about $104,000. Csenge Advisory Group purchased a new position in shares of Target in the third quarter valued at about $109,000. Sun Life Financial INC increased its position in shares of Target by 739.5% in the second quarter. Sun Life Financial INC now owns 1,444 shares of the retailer’s stock valued at $110,000 after acquiring an additional 1,272 shares during the period. CSat Investment Advisory L.P. purchased a new position in shares of Target in the second quarter valued at about $114,000. Finally, ELM Advisors LLC purchased a new position in shares of Target in the third quarter valued at about $141,000. Institutional investors own 82.94% of the company’s stock.

In other news, insider Stephanie A. Lundquist sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, October 9th. The shares were sold at an average price of $86.00, for a total value of $180,600.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Janna A. Potts sold 15,172 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $88.00, for a total transaction of $1,335,136.00. The disclosure for this sale can be found here. Insiders own 0.19% of the company’s stock.

A number of equities analysts have issued reports on TGT shares. Morgan Stanley decreased their price objective on shares of Target from $70.00 to $60.00 and set an “underweight” rating on the stock in a research report on Friday, November 23rd. Cowen raised shares of Target from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research note on Wednesday, November 7th. Barclays reaffirmed a “hold” rating and set a $85.00 target price on shares of Target in a research note on Wednesday, November 21st. Buckingham Research began coverage on shares of Target in a research note on Thursday, November 15th. They set a “buy” rating and a $102.00 target price on the stock. Finally, Robert W. Baird lifted their target price on shares of Target from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Thursday, August 23rd. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $87.71.

NYSE:TGT traded up $0.62 during mid-day trading on Friday, hitting $67.30. 1,030,911 shares of the company’s stock were exchanged, compared to its average volume of 7,735,363. Target Co. has a one year low of $61.89 and a one year high of $90.39. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.83 and a quick ratio of 0.13. The firm has a market capitalization of $35.38 billion, a P/E ratio of 14.29, a PEG ratio of 2.11 and a beta of 0.70.

Target (NYSE:TGT) last posted its quarterly earnings data on Tuesday, November 20th. The retailer reported $1.09 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.02). Target had a return on equity of 25.02% and a net margin of 4.31%. The business had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the previous year, the firm earned $0.91 EPS. The company’s revenue was up 5.7% on a year-over-year basis. On average, equities research analysts expect that Target Co. will post 5.39 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 10th. Investors of record on Wednesday, November 21st were paid a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend was Tuesday, November 20th. Target’s payout ratio is currently 54.35%.

WARNING: This piece of content was reported by Modern Readers and is owned by of Modern Readers. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.modernreaders.com/news/2018/12/14/vanguard-group-inc-has-3-38-billion-position-in-target-co-tgt.html.

Target Profile

Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials, including beauty products, personal and baby care products, cleaning products, paper products, and pet supplies; food and beverage products, such as dry grocery, dairy, frozen food, beverage, candy, snacks, deli, bakery, meat, and produce products; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Institutional Ownership by Quarter for Target (NYSE:TGT)

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

Related Posts:

  • No Related Posts

Fastenal (FAST) Shares Sold by Willis Investment Counsel

Man Group plc lifted its position in Fastenal by 117.3% during the third quarter. Man Group plc now owns 65,091 shares of the company’s stock valued …

Fastenal logoWillis Investment Counsel decreased its holdings in Fastenal (NASDAQ:FAST) by 3.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,700 shares of the company’s stock after selling 8,200 shares during the quarter. Willis Investment Counsel owned about 0.07% of Fastenal worth $12,399,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. National Pension Service lifted its position in Fastenal by 1.1% during the third quarter. National Pension Service now owns 336,930 shares of the company’s stock valued at $19,549,000 after buying an additional 3,537 shares during the period. Man Group plc lifted its position in Fastenal by 117.3% during the third quarter. Man Group plc now owns 65,091 shares of the company’s stock valued at $3,777,000 after buying an additional 35,135 shares during the period. Caxton Associates LP purchased a new position in Fastenal during the third quarter valued at $342,000. Hilltop Holdings Inc. lifted its position in Fastenal by 13.8% during the third quarter. Hilltop Holdings Inc. now owns 7,975 shares of the company’s stock valued at $463,000 after buying an additional 966 shares during the period. Finally, Vident Investment Advisory LLC purchased a new position in Fastenal during the third quarter valued at $423,000. 85.13% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently issued reports on FAST shares. BidaskClub raised Fastenal from a “hold” rating to a “buy” rating in a research report on Tuesday, August 21st. Zacks Investment Research lowered Fastenal from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. Wells Fargo & Co set a $50.00 price target on Fastenal and gave the stock a “hold” rating in a research report on Thursday, October 11th. ValuEngine lowered Fastenal from a “buy” rating to a “hold” rating in a research report on Wednesday, October 17th. Finally, Buckingham Research started coverage on Fastenal in a research report on Monday, October 22nd. They issued a “neutral” rating and a $50.00 price target for the company. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $57.00.

In related news, Director Michael John Dolan sold 5,000 shares of Fastenal stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $60.00, for a total value of $300,000.00. Following the completion of the sale, the director now directly owns 15,000 shares in the company, valued at approximately $900,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider William Joseph Drazkowski purchased 830 shares of the business’s stock in a transaction on Tuesday, October 23rd. The shares were purchased at an average price of $50.54 per share, with a total value of $41,948.20. Following the completion of the purchase, the insider now owns 2,790 shares in the company, valued at $141,006.60. The disclosure for this purchase can be found here. Insiders purchased a total of 5,795 shares of company stock valued at $299,849 over the last quarter. 0.56% of the stock is owned by corporate insiders.

NASDAQ FAST traded down $0.41 during trading hours on Friday, hitting $54.32. The company’s stock had a trading volume of 274,119 shares, compared to its average volume of 3,110,250. Fastenal has a 12 month low of $47.37 and a 12 month high of $61.14. The company has a market capitalization of $15.72 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 1.51 and a beta of 1.08. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.48 and a current ratio of 5.35.

Fastenal (NASDAQ:FAST) last released its quarterly earnings data on Wednesday, October 10th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.67 by $0.02. Fastenal had a return on equity of 32.29% and a net margin of 15.25%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the company earned $0.50 EPS. Fastenal’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, equities analysts predict that Fastenal will post 2.59 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 21st. Investors of record on Wednesday, October 24th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, October 23rd. This represents a $1.60 annualized dividend and a yield of 2.95%. Fastenal’s payout ratio is 82.90%.

ILLEGAL ACTIVITY NOTICE: “Fastenal (FAST) Shares Sold by Willis Investment Counsel” was posted by Fairfield Current and is owned by of Fairfield Current. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.fairfieldcurrent.com/news/2018/12/14/fastenal-fast-shares-sold-by-willis-investment-counsel.html.

About Fastenal

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.

Further Reading: Should you buy a closed-end mutual fund?

Institutional Ownership by Quarter for Fastenal (NASDAQ:FAST)

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

Related Posts:

  • No Related Posts

Vanguard Group Inc Has $3.27 Billion Holdings in HP Inc. (HPQ)

Vanguard Group Inc decreased its holdings in HP Inc. (NYSE:HPQ) by 1.3% in the 3rd quarter, according to its most recent filing with the Securities …

HP logoVanguard Group Inc decreased its holdings in HP Inc. (NYSE:HPQ) by 1.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,926,616 shares of the computer maker’s stock after selling 1,689,000 shares during the quarter. Vanguard Group Inc owned 8.02% of HP worth $3,270,899,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. First American Bank acquired a new position in HP during the third quarter worth $4,044,000. Private Advisor Group LLC boosted its holdings in HP by 148.4% in the second quarter. Private Advisor Group LLC now owns 84,522 shares of the computer maker’s stock valued at $1,929,000 after acquiring an additional 50,500 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its holdings in HP by 1.2% in the second quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 3,177,800 shares of the computer maker’s stock valued at $72,104,000 after acquiring an additional 37,300 shares in the last quarter. Atria Investments LLC boosted its holdings in HP by 7.0% in the third quarter. Atria Investments LLC now owns 59,078 shares of the computer maker’s stock valued at $1,522,000 after acquiring an additional 3,844 shares in the last quarter. Finally, BDO Wealth Advisors LLC boosted its holdings in HP by 15.8% in the second quarter. BDO Wealth Advisors LLC now owns 45,442 shares of the computer maker’s stock valued at $1,031,000 after acquiring an additional 6,208 shares in the last quarter. Institutional investors and hedge funds own 78.78% of the company’s stock.

Shares of HPQ stock traded up $0.01 during mid-day trading on Friday, reaching $22.30. 82,744 shares of the company’s stock traded hands, compared to its average volume of 11,037,274. HP Inc. has a 12 month low of $19.31 and a 12 month high of $27.08. The stock has a market cap of $35.68 billion, a PE ratio of 11.01, a price-to-earnings-growth ratio of 2.18 and a beta of 1.45.

HP (NYSE:HPQ) last announced its earnings results on Thursday, November 29th. The computer maker reported $0.54 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.54. HP had a net margin of 9.11% and a negative return on equity of 188.62%. The firm had revenue of $15.37 billion for the quarter, compared to analysts’ expectations of $15.13 billion. During the same quarter in the previous year, the business posted $0.44 EPS. The company’s quarterly revenue was up 10.3% on a year-over-year basis. Equities research analysts expect that HP Inc. will post 2.17 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 2nd. Stockholders of record on Thursday, December 13th will be issued a dividend of $0.1602 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend is Wednesday, December 12th. This is a boost from HP’s previous quarterly dividend of $0.14. HP’s payout ratio is 31.68%.

Several analysts recently weighed in on the stock. BMO Capital Markets reiterated a “hold” rating and issued a $22.00 price target on shares of HP in a report on Thursday, October 4th. Susquehanna Bancshares set a $24.00 price target on shares of HP and gave the company a “hold” rating in a report on Friday, August 24th. Citigroup lifted their price target on shares of HP to $30.00 and gave the company a “buy” rating in a report on Friday, August 24th. Morgan Stanley cut their price target on shares of HP from $29.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, October 4th. Finally, Bank of America lifted their price target on shares of HP from $28.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, October 4th. Eleven equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. HP currently has an average rating of “Hold” and an average price target of $27.25.

In other news, COO Catherine A. Lesjak sold 693,594 shares of the business’s stock in a transaction on Monday, October 1st. The shares were sold at an average price of $25.78, for a total transaction of $17,880,853.32. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Dion J. Weisler sold 116,134 shares of HP stock in a transaction dated Tuesday, December 11th. The stock was sold at an average price of $22.99, for a total value of $2,669,920.66. Following the completion of the transaction, the insider now directly owns 1,248,276 shares of the company’s stock, valued at approximately $28,697,865.24. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 946,068 shares of company stock worth $23,897,254. Company insiders own 0.25% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This report was originally published by Modern Readers and is the property of of Modern Readers. If you are viewing this report on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this report can be viewed at https://www.modernreaders.com/news/2018/12/14/vanguard-group-inc-has-3-27-billion-holdings-in-hp-inc-hpq.html.

HP Company Profile

HP Inc provides products, technologies, software, solutions, and services to individual consumers, small- and medium-sized businesses, and large enterprises, including customers in the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets.

Further Reading: SEC Filing

Institutional Ownership by Quarter for HP (NYSE:HPQ)

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

Related Posts:

  • No Related Posts