Oakbrook Investments LLC Sells 800 Shares of Associated Banc Corp (NYSE:ASB)

Two Sigma Investments LP purchased a new position in Associated Banc during the 4th quarter valued at $1,152,000. Acadian Asset Management …

Associated Banc logoOakbrook Investments LLC lessened its position in shares of Associated Banc Corp (NYSE:ASB) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,950 shares of the bank’s stock after selling 800 shares during the quarter. Oakbrook Investments LLC’s holdings in Associated Banc were worth $358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Actinver Wealth Management Inc. purchased a new position in shares of Associated Banc in the 4th quarter worth approximately $244,000. Cerebellum GP LLC boosted its holdings in Associated Banc by 158.9% during the 1st quarter. Cerebellum GP LLC now owns 13,983 shares of the bank’s stock valued at $299,000 after acquiring an additional 8,582 shares during the period. Two Sigma Investments LP purchased a new position in Associated Banc during the 4th quarter valued at $1,152,000. Acadian Asset Management LLC purchased a new position in Associated Banc during the 1st quarter valued at $8,537,000. Finally, NumerixS Investment Technologies Inc boosted its holdings in Associated Banc by 192.8% during the 1st quarter. NumerixS Investment Technologies Inc now owns 20,200 shares of the bank’s stock valued at $430,000 after acquiring an additional 13,300 shares during the period. Institutional investors and hedge funds own 73.26% of the company’s stock.

ASB has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded IMI PLC/S from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd. Royal Bank of Canada set a $179.00 price objective on 3M and gave the company a “hold” rating in a report on Friday. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $24.78.

ASB opened at $21.38 on Tuesday. Associated Banc Corp has a 52 week low of $18.53 and a 52 week high of $27.95. The stock’s fifty day moving average price is $20.97. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 10.53, a P/E/G ratio of 1.36 and a beta of 1.16. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.91 and a current ratio of 0.92.

Associated Banc (NYSE:ASB) last released its quarterly earnings results on Thursday, July 25th. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.49 by $0.02. Associated Banc had a return on equity of 9.86% and a net margin of 22.01%. The business had revenue of $309.46 million during the quarter, compared to analyst estimates of $315.84 million. During the same period last year, the business posted $0.53 earnings per share. Research analysts expect that Associated Banc Corp will post 1.98 earnings per share for the current year.

In other news, insider David L. Stein sold 5,000 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $23.12, for a total value of $115,600.00. Following the sale, the insider now directly owns 49,685 shares in the company, valued at $1,148,717.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Lith Karen Van sold 5,060 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $23.05, for a total value of $116,633.00. Following the completion of the sale, the director now owns 45,991 shares in the company, valued at $1,060,092.55. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,060 shares of company stock valued at $461,133. Company insiders own 2.69% of the company’s stock.

About Associated Banc

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. Its Corporate and Commercial Specialty segment offers deposit and cash management solutions, such as commercial checking and interest-bearing deposit products, cash vault and night depository services, liquidity solutions, payables and receivables solutions, and information services; and lending solutions, including commercial loans and lines of credit, commercial real estate financing, construction loans, letters of credit, leasing, asset based lending, and loan syndications.

Further Reading: Earnings Per Share

Want to see what other hedge funds are holding ASB?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Associated Banc Corp (NYSE:ASB).

Institutional Ownership by Quarter for Associated Banc (NYSE:ASB)

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

Related Posts:

  • No Related Posts

Bristlecone Advisors LLC Increases Position in BlackRock, Inc. (NYSE:BLK)

Bristlecone Advisors LLC lifted its holdings in BlackRock, Inc. (NYSE:BLK) by 3.3% in the 2nd quarter, according to the company in its most recent 13F …

BlackRock logoBristlecone Advisors LLC lifted its holdings in BlackRock, Inc. (NYSE:BLK) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,589 shares of the asset manager’s stock after purchasing an additional 212 shares during the period. Bristlecone Advisors LLC’s holdings in BlackRock were worth $3,092,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in BLK. Livforsakringsbolaget Skandia Omsesidigt increased its stake in BlackRock by 16.4% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,423 shares of the asset manager’s stock worth $668,000 after buying an additional 200 shares in the last quarter. Eqis Capital Management Inc. increased its stake in BlackRock by 17.4% during the 2nd quarter. Eqis Capital Management Inc. now owns 737 shares of the asset manager’s stock worth $346,000 after buying an additional 109 shares in the last quarter. Sarasin & Partners LLP increased its stake in BlackRock by 7.7% during the 2nd quarter. Sarasin & Partners LLP now owns 229,709 shares of the asset manager’s stock worth $107,802,000 after buying an additional 16,349 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in shares of BlackRock by 1.3% during the 2nd quarter. Moors & Cabot Inc. now owns 3,523 shares of the asset manager’s stock worth $1,651,000 after purchasing an additional 46 shares during the last quarter. Finally, NuWave Investment Management LLC boosted its holdings in shares of BlackRock by 52.2% during the 2nd quarter. NuWave Investment Management LLC now owns 557 shares of the asset manager’s stock worth $261,000 after purchasing an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 81.58% of the company’s stock.

Several research analysts have recently weighed in on BLK shares. Morgan Stanley upgraded OIL SEARCH LTD/ADR from an “equal weight” rating to an “overweight” rating in a report on Monday, July 22nd. Citigroup boosted their target price on T. Rowe Price Group from $98.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, April 15th. UBS Group boosted their target price on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a “neutral” rating in a report on Monday, July 8th. Zacks Investment Research cut GasLog Partners LP Unit from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. lowered their target price on Schlumberger from $42.00 to $41.00 and set a “neutral” rating on the stock in a report on Monday, July 22nd. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $499.03.

Shares of BlackRock stock opened at $478.31 on Tuesday. The firm has a market cap of $73.89 billion, a PE ratio of 17.96, a P/E/G ratio of 1.77 and a beta of 1.52. The business’s 50 day moving average is $467.98. BlackRock, Inc. has a 1-year low of $360.79 and a 1-year high of $509.87. The company has a current ratio of 3.49, a quick ratio of 3.49 and a debt-to-equity ratio of 0.83.

BlackRock (NYSE:BLK) last released its quarterly earnings data on Friday, July 19th. The asset manager reported $6.41 EPS for the quarter, missing analysts’ consensus estimates of $6.52 by ($0.11). BlackRock had a net margin of 30.25% and a return on equity of 13.23%. The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same quarter in the prior year, the company posted $6.66 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. As a group, research analysts forecast that BlackRock, Inc. will post 27.62 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 24th. Investors of record on Thursday, September 5th will be issued a $3.30 dividend. This represents a $13.20 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend is Wednesday, September 4th. BlackRock’s dividend payout ratio is presently 49.02%.

BlackRock Company Profile

BlackRock, Inc is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

See Also: Why is the Consumer Price Index (CPI) important?

Want to see what other hedge funds are holding BLK?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock, Inc. (NYSE:BLK).

Institutional Ownership by Quarter for BlackRock (NYSE:BLK)

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

Related Posts:

  • No Related Posts

Bessemer Group Inc. Has $1.05 Million Holdings in Westwood Holdings Group, Inc. (NYSE:WHG)

Two Sigma Investments LP boosted its stake in Westwood Holdings Group by 961.9% in the 4th quarter. Two Sigma Investments LP now owns 56,930 …

Westwood Holdings Group logoBessemer Group Inc. increased its stake in Westwood Holdings Group, Inc. (NYSE:WHG) by 11.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,900 shares of the asset manager’s stock after purchasing an additional 3,100 shares during the period. Bessemer Group Inc.’s holdings in Westwood Holdings Group were worth $1,052,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Two Sigma Investments LP boosted its stake in Westwood Holdings Group by 961.9% in the 4th quarter. Two Sigma Investments LP now owns 56,930 shares of the asset manager’s stock worth $1,936,000 after purchasing an additional 51,569 shares during the period. First Trust Advisors LP boosted its stake in Westwood Holdings Group by 18.6% in the 4th quarter. First Trust Advisors LP now owns 14,631 shares of the asset manager’s stock worth $497,000 after purchasing an additional 2,291 shares during the period. Martingale Asset Management L P boosted its stake in Westwood Holdings Group by 26.5% in the 1st quarter. Martingale Asset Management L P now owns 51,104 shares of the asset manager’s stock worth $1,803,000 after purchasing an additional 10,700 shares during the period. California Public Employees Retirement System lifted its position in Westwood Holdings Group by 6.4% during the 4th quarter. California Public Employees Retirement System now owns 15,666 shares of the asset manager’s stock worth $533,000 after buying an additional 948 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Westwood Holdings Group by 16.4% during the 4th quarter. Geode Capital Management LLC now owns 107,789 shares of the asset manager’s stock worth $3,664,000 after buying an additional 15,167 shares in the last quarter. 67.27% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:WHG opened at $31.89 on Friday. The business’s 50-day simple moving average is $31.78. The company has a quick ratio of 7.96, a current ratio of 7.96 and a debt-to-equity ratio of 0.06. Westwood Holdings Group, Inc. has a one year low of $28.10 and a one year high of $61.08. The company has a market cap of $284.57 million, a PE ratio of 12.74 and a beta of 1.40.

Westwood Holdings Group (NYSE:WHG) last issued its quarterly earnings results on Wednesday, April 24th. The asset manager reported $0.11 EPS for the quarter. Westwood Holdings Group had a net margin of 17.02% and a return on equity of 13.10%. The firm had revenue of $23.86 million for the quarter.

Separately, ValuEngine cut shares of Verso from a “hold” rating to a “sell” rating in a research report on Thursday, May 23rd.

Westwood Holdings Group Profile

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.

See Also: Blockchain

Want to see what other hedge funds are holding WHG?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Westwood Holdings Group, Inc. (NYSE:WHG).

Institutional Ownership by Quarter for Westwood Holdings Group (NYSE:WHG)

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

Related Posts:

  • No Related Posts

Hexavest Inc. Sells 183982 Shares of New Gold Inc (NYSEAMERICAN:NGD)

Two Sigma Investments LP boosted its stake in shares of New Gold by 59.5% during the fourth quarter. Two Sigma Investments LP now owns …

New Gold logoHexavest Inc. reduced its stake in New Gold Inc (NYSEAMERICAN:NGD) by 7.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,185,287 shares of the basic materials company’s stock after selling 183,982 shares during the period. Hexavest Inc.’s holdings in New Gold were worth $2,101,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of NGD. Two Sigma Investments LP boosted its stake in shares of New Gold by 59.5% during the fourth quarter. Two Sigma Investments LP now owns 1,525,240 shares of the basic materials company’s stock valued at $1,154,000 after purchasing an additional 568,788 shares in the last quarter. Two Sigma Advisers LP boosted its stake in shares of New Gold by 194.9% during the fourth quarter. Two Sigma Advisers LP now owns 446,352 shares of the basic materials company’s stock valued at $338,000 after purchasing an additional 295,000 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in shares of New Gold by 163.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 191,714 shares of the basic materials company’s stock valued at $148,000 after purchasing an additional 118,963 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of New Gold by 10.7% during the fourth quarter. Legal & General Group Plc now owns 408,216 shares of the basic materials company’s stock valued at $314,000 after purchasing an additional 39,507 shares in the last quarter. Finally, Norges Bank bought a new position in shares of New Gold during the fourth quarter valued at approximately $312,000. Institutional investors and hedge funds own 51.53% of the company’s stock.

A number of equities research analysts recently commented on the stock. CIBC reissued a “hold” rating on shares of Sandstorm Gold in a research report on Monday, July 15th. JPMorgan Chase & Co. raised shares of China Life Insurance from a “neutral” rating to an “overweight” rating in a research report on Thursday, May 30th. They noted that the move was a valuation call. Raymond James set a $33.00 target price on shares of LKQ and gave the company a “buy” rating in a research report on Friday, April 26th. Credit Suisse Group assumed coverage on shares of New Gold in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1.00 target price for the company. Finally, Zacks Investment Research raised shares of DLH from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $1.00.

NYSEAMERICAN:NGD opened at $1.46 on Thursday. New Gold Inc has a 52 week low of $0.61 and a 52 week high of $1.83.

About New Gold

New Gold Inc, an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company’s operating properties include the Rainy River project located in Ontario, Canada; the New Afton project located near Kamloops, British Columbia, Canada; and the Cerro San Pedro mine located in the state of San Luis Potosí, Mexico.

Further Reading: The primary rules of Elliott Wave theory

Want to see what other hedge funds are holding NGD?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for New Gold Inc (NYSEAMERICAN:NGD).

Institutional Ownership by Quarter for New Gold (NYSEAMERICAN:NGD)

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

Related Posts:

  • No Related Posts

Corrado Advisors LLC Makes New Investment in AstroNova Inc (NASDAQ:ALOT)

Quantum Capital Management boosted its holdings in AstroNova by 13.9% in the 1st quarter. Quantum Capital Management now owns 61,939 shares …

AstroNova logoCorrado Advisors LLC purchased a new position in AstroNova Inc (NASDAQ:ALOT) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,580 shares of the business services provider’s stock, valued at approximately $196,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. boosted its holdings in AstroNova by 46.8% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 25,670 shares of the business services provider’s stock worth $523,000 after acquiring an additional 8,183 shares during the period. Geode Capital Management LLC boosted its holdings in AstroNova by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 46,934 shares of the business services provider’s stock worth $880,000 after acquiring an additional 930 shares during the period. Quantum Capital Management boosted its holdings in AstroNova by 13.9% in the 1st quarter. Quantum Capital Management now owns 61,939 shares of the business services provider’s stock worth $1,263,000 after acquiring an additional 7,579 shares during the period. Royce & Associates LP boosted its stake in shares of AstroNova by 1.4% during the 1st quarter. Royce & Associates LP now owns 93,400 shares of the business services provider’s stock valued at $1,904,000 after buying an additional 1,300 shares during the last quarter. Finally, Roubaix Capital LLC purchased a new position in shares of AstroNova during the 1st quarter valued at approximately $2,242,000. Hedge funds and other institutional investors own 58.96% of the company’s stock.

Several equities analysts have recently commented on ALOT shares. Zacks Investment Research upgraded Grana y Montero SAA from a “sell” rating to a “hold” rating in a research note on Monday, June 10th. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Monday, April 1st.

AstroNova stock opened at $23.92 on Wednesday. The stock has a market cap of $166.23 million, a PE ratio of 25.50, a P/E/G ratio of 2.20 and a beta of 0.25. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.30 and a current ratio of 2.73. The firm’s 50 day simple moving average is $25.57. AstroNova Inc has a 52 week low of $16.74 and a 52 week high of $27.96.

AstroNova (NASDAQ:ALOT) last released its earnings results on Wednesday, June 5th. The business services provider reported $0.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.01. The company had revenue of $36.18 million during the quarter. AstroNova had a return on equity of 9.75% and a net margin of 4.68%. Equities analysts forecast that AstroNova Inc will post 0.9 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Monday, June 17th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.17%. The ex-dividend date was Friday, June 14th. AstroNova’s dividend payout ratio (DPR) is currently 34.15%.

AstroNova Profile

AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Canada, Asia, Europe, Central and South America, and internationally. The company operates through two segments, Product Identification and Test & Measurement (T&M).

Featured Article: The components of the Stochastic Momentum Index

Want to see what other hedge funds are holding ALOT?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AstroNova Inc (NASDAQ:ALOT).

Institutional Ownership by Quarter for AstroNova (NASDAQ:ALOT)

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

Related Posts:

  • No Related Posts