Wells Fargo grant to help build Habitat for Humanity home in Williamson County

… Humanity of Williamson County to strengthen our neighborhoods through philanthropy and volunteerism,” said David O’Neil, region bank president.
Rebeccah Macias

Wednesday

Oct 14, 2020 at 10:23 PM

The Wells Fargo Foundation has awarded Habitat for Humanity of Williamson County a $15,000 grant to build an affordable home in Round Rock.

“We’ve had a rich history of working with Habitat for Humanity of Williamson County to strengthen our neighborhoods through philanthropy and volunteerism,” said David O’Neil, region bank president.

In 2019, Wells Fargo employees volunteered more than 1.9 million hours of service to strengthen their communities, including building, repairing and improving 674 across the country with several organizations through Wells Fargo Builds.

The grant is provided through Wells Fargo Builds and is part of the Wells Fargo Foundation’s $1 billion philanthropic commitment to create more housing affordability solutions by 2025.

“We are pleased to once again partner with Wells Fargo in building up another house in Williamson County while building up another family’s opportunity to create a home from that house,” said Debbie Hoffman, Habitat for Humanity of Williamson County’s executive director.

The funding is part of an $8.1 million donation for capacity building and direct mission support to build, renovate and repair more than 350 affordable homes across the United States.

The grant will support the construction of a new home for Kelsey and her two children.

“Safe and stable housing enables people to build upon the rest of their lives and, together, we can shift the narrative to help others understand that housing affordability is both an economic and humanitarian crisis that’s taking a toll on millions of people,” O’Neill said.

Thrivent Financial For Lutherans Has Trimmed Its Rogers Corp (ROG) Position by $10.42 Million …

Thrivent Financial For Lutherans Has Trimmed Its Rogers Corp (ROG) … for a total of 928,531 shares, and has risen its stake in Duke Energy Corp …

Rogers Corporation (NYSE:ROG) LogoInvestors sentiment increased to 1.74 in Q2 2019. Its up 0.08, from 1.66 in 2019Q1. It increased, as 12 investors sold ROG shares while 54 reduced holdings. 47 funds opened positions while 68 raised stakes. 16.05 million shares or 1.35% less from 16.27 million shares in 2019Q1 were reported. Walleye Trading Llc owns 0% invested in Rogers Corporation (NYSE:ROG) for 523 shares. Eulav Asset Management holds 0.03% or 4,500 shares in its portfolio. Tarbox Family Office Incorporated owns 24 shares. Rhumbline Advisers invested in 0.02% or 54,593 shares. Art Ltd Limited Liability Company has 0.03% invested in Rogers Corporation (NYSE:ROG) for 2,900 shares. The Missouri-based Parkside Fin National Bank & Trust & has invested 0% in Rogers Corporation (NYSE:ROG). Mutual Of America Capital Mgmt Ltd Company holds 668 shares. Quantbot Tech Ltd Partnership has invested 0.01% in Rogers Corporation (NYSE:ROG). Arizona State Retirement holds 28,770 shares or 0.06% of its portfolio. Nj State Employees Deferred Compensation Plan invested in 2,500 shares. Tygh Capital invested in 28,172 shares or 0.83% of the stock. Silvercrest Asset Mngmt Gp Limited Liability invested 0.46% in Rogers Corporation (NYSE:ROG). Cornerstone Advisors Incorporated owns 12 shares. Robecosam Ag has invested 0.01% of its portfolio in Rogers Corporation (NYSE:ROG). Ameriprise Fin holds 208,427 shares or 0.02% of its portfolio.

Thrivent Financial For Lutherans decreased its stake in Rogers Corp (ROG) by 14.11% based on its latest 2019Q2 regulatory filing with the SEC. Thrivent Financial For Lutherans sold 60,563 shares as the company’s stock declined 16.85% . The institutional investor held 368,786 shares of the major chemicals company at the end of 2019Q2, valued at $63.65 million, down from 429,349 at the end of the previous reported quarter. Thrivent Financial For Lutherans who had been investing in Rogers Corp for a number of months, seems to be less bullish one the $2.54B market cap company. The stock increased 1.71% or $2.3 during the last trading session, reaching $136.71. About 92,733 shares traded. Rogers Corporation (NYSE:ROG) has risen 29.19% since September 30, 2018 and is uptrending. It has outperformed by 29.19% the S&P500.

Thrivent Financial For Lutherans, which manages about $82.94 billion and $32.90B US Long portfolio, upped its stake in Altra Indl Motion Corp (NASDAQ:AIMC) by 1.33M shares to 1.37 million shares, valued at $49.05M in 2019Q2, according to the filing. It also increased its holding in Micron Technology Inc (NASDAQ:MU) by 147,477 shares in the quarter, for a total of 928,531 shares, and has risen its stake in Duke Energy Corp New (NYSE:DUK).

Analysts await Rogers Corporation (NYSE:ROG) to report earnings on November, 7. They expect $1.37 EPS, down 3.52 % or $0.05 from last year’s $1.42 per share. ROG’s profit will be $25.42 million for 24.95 P/E if the $1.37 EPS becomes a reality. After $1.64 actual EPS reported by Rogers Corporation for the previous quarter, Wall Street now forecasts -16.46 % negative EPS growth.

More notable recent Rogers Corporation (NYSE:ROG) news were published by: Finance.Yahoo.com which released: “Did Hedge Funds Drop The Ball On Rogers Corporation (ROG)? – Yahoo Finance” on April 30, 2019, also Fool.com with their article: “Rogers Corp (ROG) Q1 2019 Earnings Call Transcript – Motley Fool” published on May 01, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About NuVasive, Inc. (NUVA) – Yahoo Finance” on June 20, 2019. More interesting news about Rogers Corporation (NYSE:ROG) were released by: Globenewswire.com and their article: “Rogers Corporation to Present & Exhibit Advanced Connectivity Solutions at IMS – GlobeNewswire” published on May 28, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does Rogers Corporation’s (NYSE:ROG) 27% Earnings Growth Reflect The Long-Term Trend? – Yahoo Finance” with publication date: August 26, 2019.

Rogers Corporation (NYSE:ROG) Institutional Positions Chart

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Scientific Games (SGMS) Given “Outperform” Rating at Telsey Advisory Group

Quantum Capital Management acquired a new stake in Scientific Games during the 4th quarter worth about $183,000. Bank of Montreal Can grew its …

Scientific Games Corp logoTelsey Advisory Group reiterated their outperform rating on shares of Scientific Games (NASDAQ:SGMS) in a research note released on Wednesday, May 8th, Briefing.com Automated Import reports. They currently have a $31.00 target price on the technology company’s stock, down from their previous target price of $36.00.

A number of other analysts have also weighed in on the company. BidaskClub upgraded Scientific Games from a sell rating to a hold rating in a report on Saturday, January 19th. Zacks Investment Research lowered Scientific Games from a hold rating to a sell rating in a report on Monday, January 14th. ValuEngine lowered Scientific Games from a hold rating to a sell rating in a report on Thursday, March 7th. Finally, Credit Suisse Group reiterated an underperform rating and set a $21.00 price objective on shares of Scientific Games in a report on Wednesday, March 20th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $32.50.

Scientific Games stock opened at $18.75 on Wednesday. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of -34.72, a P/E/G ratio of 64.04 and a beta of 2.32. Scientific Games has a twelve month low of $14.79 and a twelve month high of $62.35.

Scientific Games (NASDAQ:SGMS) last posted its earnings results on Tuesday, May 7th. The technology company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.19. The company had revenue of $837.00 million during the quarter, compared to analyst estimates of $832.28 million. Scientific Games had a negative return on equity of 0.60% and a negative net margin of 5.15%. Scientific Games’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned ($2.24) earnings per share. As a group, equities analysts forecast that Scientific Games will post 0.03 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Retirement Systems of Alabama grew its position in Scientific Games by 1.0% during the 1st quarter. Retirement Systems of Alabama now owns 72,050 shares of the technology company’s stock worth $1,471,000 after purchasing an additional 714 shares during the period. Quantum Capital Management acquired a new stake in Scientific Games during the 4th quarter worth about $183,000. Bank of Montreal Can grew its position in Scientific Games by 195.5% during the 4th quarter. Bank of Montreal Can now owns 6,270 shares of the technology company’s stock worth $111,000 after purchasing an additional 4,148 shares during the period. Thrivent Financial for Lutherans grew its position in Scientific Games by 8.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 13,937 shares of the technology company’s stock worth $249,000 after purchasing an additional 1,031 shares during the period. Finally, Essex Investment Management Co. LLC acquired a new stake in Scientific Games during the 4th quarter worth about $467,000. 65.36% of the stock is currently owned by hedge funds and other institutional investors.

Scientific Games Company Profile

Scientific Games Corporation develops technology-based products and services, and related content for the gaming, lottery, and digital gaming industries worldwide. The company’s Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; slot, casino, and table-management systems; table products, including shufflers; and perpetual licenses to proprietary table games.

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Analyst Recommendations for Scientific Games (NASDAQ:SGMS)

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Helping make ends meet in Bucks, the least affordable county in the state

… Bucks County is the least affordable county in the state, according to a 2017 housing affordability study by financial technology company SmartAsset …
When people think of Bucks County, the first thing they think of probably isn’t hunger and homelessness. But the brochure-worthy images of rolling farms and estate homes gloss over a startling truth; among the manicured lawns and stately homes of the suburbs and exurbs nestle pockets of people living in real need.

Consider this. Yes, the average income in Bucks County is high, as the opening salvo of Generocity’s “March is going to The ‘Burbs” editorial points out. But another metric is just as high — average home price. With an average annual mortgage payment of more than $14,000 and high average closing costs and property tax bills, Bucks County is the least affordable county in the state, according to a 2017 housing affordability study by financial technology company SmartAsset. That makes it difficult for low- to moderate-income families to find safe, affordable housing here.

And when it comes to nutrition, about 1 in 10 Bucks County residents are food insecure, according to Feeding America, which means more than 50,000 people do not have reliable access to food every day. More than 12 percent of Bucks County’s children — about 16,640 — are food insecure, and more than half of those are not eligible for most federal nutrition programs, because their households make just a little too much money.

With an average annual mortgage payment of more than $14,000 and high average closing costs and property tax bills, Bucks County is the least affordable county in the state.

Too many of our suburban neighbors are struggling to meet these most basic human needs of nutritious food and safe, affordable housing. That’s one reason we created the Penn Community Foundation in 2016, to partner with local organizations to address four critical priorities: ensuring that none of our neighbors go hungry, advocating for safe, affordable housing, giving people the skills they need to become economically self-sufficient, and offering financial education that empowers people to take charge of their finances.

From our Partners

To do this, we partner with leading local nonprofits working to meet these critical needs and end the cycle of poverty.

We support hunger-fighting efforts such as Bucks Knocks Out Hunger, a meal-packing event organized by United Way of Bucks County that provides nutritious meals to 30 area food pantries. This past year, we reimagined our annual “Feed-a-Neighbor” Food Drive to encourage cash donations to purchase fresh produce, meats and dairy, we volunteered at the Fresh Connect farmer’s market, and we partnered with Rolling Harvest to provide funding so local farmers can grow up to an additional 30,000 pounds of additional fresh, healthy produce that area food pantries always need.

We are sponsoring the construction of a new single-family home, one of four that Habitat for Humanity of Bucks County is building in Morrisville. Whenever we announce a new build day, our team members snap up the volunteer spots within minutes.

Our leadership helped launch and remains deeply committed to the Economic Self-Sufficiency Program run by the Bucks County Opportunity Council. Over 20 years, this proven program has graduated 299 people, nearly all of them women, and most of them, mothers with children. Graduates spend an average of three years in the program, according to a 2018 report analyzing the program’s impact, and must meet 10 benchmarks, including having safe housing, reliable transportation, health insurance for every family member, full employment, and no reliance on welfare subsidies.

We partner with leading local nonprofits working to meet these critical needs and end the cycle of poverty.

Before enrolling in the program, most participants — nearly 8 out of 10, in 2016 — depend upon welfare to survive; the average graduate had earned just $11,099 annually, far below the poverty threshold. After completing the program, every graduate became gainfully employed and their annual income increased significantly. In 2016, for example, an average graduate’s income was $46,322, about four times as much as they had earned previously.

As an independent, mutual bank — the second-largest mutual in Pennsylvania — Penn Community Bank is not publicly traded and has no shareholders. That means we can make decisions based on what is best for our customers and our communities. We are grateful to the dozens of hard-working nonprofits with which we partner every year to address the sometimes-unseen poverty in the suburbs.

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