Kirkland Lake Gold Ltd (NYSE:KL) Shares Bought by Mackenzie Financial Corp

Bridgewater Associates LP lifted its position in shares of Kirkland Lake Gold by 7.3% during the second quarter. Bridgewater Associates LP now owns …

Kirkland Lake Gold logoMackenzie Financial Corp boosted its position in Kirkland Lake Gold Ltd (NYSE:KL) by 1,099.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 377,435 shares of the company’s stock after purchasing an additional 345,955 shares during the period. Mackenzie Financial Corp owned about 0.18% of Kirkland Lake Gold worth $7,167,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of KL. Bridgewater Associates LP lifted its position in shares of Kirkland Lake Gold by 7.3% during the second quarter. Bridgewater Associates LP now owns 38,491 shares of the company’s stock worth $815,000 after acquiring an additional 2,632 shares in the last quarter. Chase Investment Counsel Corp lifted its position in shares of Kirkland Lake Gold by 7.0% during the third quarter. Chase Investment Counsel Corp now owns 52,921 shares of the company’s stock worth $1,004,000 after acquiring an additional 3,466 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Kirkland Lake Gold by 23.6% in the third quarter. Wells Fargo & Company MN now owns 28,040 shares of the company’s stock worth $532,000 after buying an additional 5,355 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of Kirkland Lake Gold by 1.5% in the third quarter. Russell Investments Group Ltd. now owns 400,887 shares of the company’s stock worth $7,511,000 after buying an additional 5,954 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Kirkland Lake Gold in the second quarter worth $132,000. Institutional investors and hedge funds own 40.45% of the company’s stock.

A number of equities research analysts recently issued reports on KL shares. Desjardins downgraded Kirkland Lake Gold from a “buy” rating to a “hold” rating in a research report on Monday, January 7th. Scotiabank reiterated a “buy” rating and issued a $35.00 price objective on shares of Kirkland Lake Gold in a research report on Wednesday, December 12th. Zacks Investment Research upgraded Kirkland Lake Gold from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research report on Thursday, December 13th. BMO Capital Markets reiterated an “average” rating and issued a $35.00 price objective on shares of Kirkland Lake Gold in a research report on Wednesday, January 9th. Finally, TD Securities reiterated a “buy” rating on shares of Kirkland Lake Gold in a research report on Tuesday, January 8th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $34.60.

KL traded down $0.51 during trading on Tuesday, reaching $26.50. The stock had a trading volume of 854,396 shares, compared to its average volume of 985,110. The stock has a market cap of $5.56 billion, a PE ratio of 37.32 and a beta of -1.03. The company has a quick ratio of 1.77, a current ratio of 2.00 and a debt-to-equity ratio of 0.01. Kirkland Lake Gold Ltd has a one year low of $13.09 and a one year high of $27.12.

Kirkland Lake Gold (NYSE:KL) last released its earnings results on Tuesday, October 30th. The company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.03). The firm had revenue of $222.70 million during the quarter. Kirkland Lake Gold had a net margin of 25.02% and a return on equity of 20.81%. As a group, equities analysts anticipate that Kirkland Lake Gold Ltd will post 1.23 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, January 11th. Investors of record on Monday, December 31st were paid a $0.0299 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Friday, December 28th. This is a boost from Kirkland Lake Gold’s previous quarterly dividend of $0.02. Kirkland Lake Gold’s dividend payout ratio is currently 16.90%.

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About Kirkland Lake Gold

Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria, Australia, as well as three milling facilities in Canada and Australia.

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Institutional Ownership by Quarter for Kirkland Lake Gold (NYSE:KL)

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ArcBest Corp (NASDAQ:ARCB) Holdings Lifted by Mackenzie Financial Corp

WINTON GROUP Ltd acquired a new stake in ArcBest in the 2nd quarter valued at about $9,675,000. Millennium Management LLC raised its holdings …

ArcBest logoMackenzie Financial Corp grew its position in ArcBest Corp (NASDAQ:ARCB) by 26.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 179,890 shares of the transportation company’s stock after acquiring an additional 37,544 shares during the period. Mackenzie Financial Corp owned about 0.70% of ArcBest worth $8,734,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ARCB. Matarin Capital Management LLC acquired a new position in shares of ArcBest during the 3rd quarter worth about $20,910,000. WINTON GROUP Ltd acquired a new stake in ArcBest in the 2nd quarter valued at about $9,675,000. Millennium Management LLC raised its holdings in ArcBest by 182.9% in the 2nd quarter. Millennium Management LLC now owns 321,094 shares of the transportation company’s stock valued at $14,674,000 after acquiring an additional 207,604 shares during the last quarter. BlackRock Inc. raised its holdings in ArcBest by 6.2% in the 2nd quarter. BlackRock Inc. now owns 3,555,928 shares of the transportation company’s stock valued at $162,507,000 after acquiring an additional 206,629 shares during the last quarter. Finally, Chicago Equity Partners LLC raised its holdings in ArcBest by 200.9% in the 2nd quarter. Chicago Equity Partners LLC now owns 217,510 shares of the transportation company’s stock valued at $9,940,000 after acquiring an additional 145,230 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Shares of ARCB traded down $1.41 during midday trading on Monday, reaching $37.81. The stock had a trading volume of 270,300 shares, compared to its average volume of 278,911. ArcBest Corp has a 1-year low of $30.90 and a 1-year high of $51.45. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 0.23 and a beta of 2.12. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.33.

ArcBest (NASDAQ:ARCB) last announced its quarterly earnings data on Thursday, November 1st. The transportation company reported $1.44 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.32. ArcBest had a net margin of 2.92% and a return on equity of 12.98%. The business had revenue of $826.20 million for the quarter, compared to analyst estimates of $815.82 million. During the same period last year, the business earned $0.59 EPS. The company’s revenue was up 11.0% on a year-over-year basis. On average, analysts predict that ArcBest Corp will post 3.79 earnings per share for the current fiscal year.

In other ArcBest news, VP Michael R. Johns sold 4,409 shares of ArcBest stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $40.16, for a total transaction of $177,065.44. Following the completion of the transaction, the vice president now owns 34,200 shares in the company, valued at $1,373,472. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Daniel E. Loe sold 3,988 shares of the business’s stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $40.12, for a total transaction of $159,998.56. Following the completion of the transaction, the insider now directly owns 32,100 shares of the company’s stock, valued at approximately $1,287,852. The disclosure for this sale can be found here. Insiders have sold a total of 10,459 shares of company stock worth $420,657 over the last quarter. 1.19% of the stock is owned by company insiders.

Several research firms have recently weighed in on ARCB. BidaskClub raised shares of ArcBest from a “hold” rating to a “buy” rating in a research note on Thursday, September 27th. Loop Capital started coverage on shares of ArcBest in a research report on Monday, October 1st. They set a “hold” rating and a $47.00 price objective for the company. Wolfe Research cut shares of ArcBest from a “peer perform” rating to an “underperform” rating in a research report on Friday, October 5th. ValuEngine cut shares of ArcBest from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Finally, Cowen reaffirmed a “hold” rating and set a $49.00 price objective on shares of ArcBest in a research report on Friday, November 2nd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $43.90.

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ArcBest Profile

ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. It operates through three segments: Asset-Based, ArcBest, and FleetNet. The Asset-Based segment transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products through less-than-truckload services.

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Institutional Ownership by Quarter for ArcBest (NASDAQ:ARCB)

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Mackenzie Financial Increases Holding in Marvell Technology Group LTD (MRVL); Acadian Asset …

Acadian Asset Management Llc increased its stake in Darden Restaurants Inc (DRI) by 144.13% based on its latest 2018Q3 regulatory filing with the …

Darden Restaurants, Inc. (NYSE:DRI) Logo

Mackenzie Financial Corp increased its stake in Marvell Technology Group Ltd (MRVL) by 10.62% based on its latest 2018Q3 regulatory filing with the SEC. Mackenzie Financial Corp bought 42,760 shares as the company’s stock declined 19.34% with the market. The hedge fund held 445,309 shares of the semiconductors company at the end of 2018Q3, valued at $8.59 million, up from 402,549 at the end of the previous reported quarter. Mackenzie Financial Corp who had been investing in Marvell Technology Group Ltd for a number of months, seems to be bullish on the $11.39 billion market cap company. The stock increased 1.29% or $0.22 during the last trading session, reaching $17.33. About 15.12 million shares traded or 33.84% up from the average. Marvell Technology Group Ltd. (NASDAQ:MRVL) has declined 30.23% since January 13, 2018 and is downtrending. It has underperformed by 30.23% the S&P500. Some Historical MRVL News: 08/03/2018 – Marvell Technology 4Q Adj EPS 32c; 08/03/2018 – Marvell Technology Sees 1Q Cont Ops EPS 22c-EPS 26c; 27/03/2018 – Marvell Announces Integration of Industry’s First Secure Automotive Ethernet Switch into NVIDIA DRIVE Pegasus Platform for Level 5 Autonomy; 08/03/2018 Mellanox adds Credit Suisse to enhance defense against Starboard; 14/05/2018 – Marvell Tech Closes Above 50-Day Moving Average: Technicals; 24/05/2018 – MARVELL SEES CAVIUM MERGER CLOSING MID-CALENDAR YEAR; 15/05/2018 – Standard Life Aberdeen Buys New 2.5% Position in Marvell Tech; 18/05/2018 – Kalray hires Allegra Finance to advise on Euronext IPO – CEO; 08/03/2018 – Marvell Technology 4Q Net $48.8M; 14/05/2018 – Global SSD Controllers Market 2018-2022 with Marvell, Samsung, Toshiba & Western Digital Dominating – ResearchAndMarkets.com

Acadian Asset Management Llc increased its stake in Darden Restaurants Inc (DRI) by 144.13% based on its latest 2018Q3 regulatory filing with the SEC. Acadian Asset Management Llc bought 253,850 shares as the company’s stock declined 11.22% with the market. The institutional investor held 429,977 shares of the consumer services company at the end of 2018Q3, valued at $47.81M, up from 176,127 at the end of the previous reported quarter. Acadian Asset Management Llc who had been investing in Darden Restaurants Inc for a number of months, seems to be bullish on the $13.34B market cap company. The stock increased 2.09% or $2.21 during the last trading session, reaching $107.99. About 1.34 million shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 23.55% since January 13, 2018 and is uptrending. It has outperformed by 23.55% the S&P500. Some Historical DRI News: 22/03/2018 – DARDEN RESTAURANTS INC – QTRLY OLIVE GARDEN SAME-RESTAURANT SALES ROSE 2.2 PCT; 22/03/2018 – Olive Garden Parent Darden Tops Profit Estimates, But Sales Fall Slightly Short — MarketWatch; 22/03/2018 – DARDEN SEES FY COMP SALES ABOUT +2%; 09/03/2018 – Oil Dri 2Q Loss 15c/Diluted Shr; 22/03/2018 – DARDEN: PROFIT WON’T BE AFFECTED BY LACK OF OLIVE GARDEN DEAL; 25/05/2018 – FCPT REPORTS DISPOSITION OF DARDEN-LEASED RESTAURANT PROPERTY; 22/03/2018 – DARDEN RESTAURANTS – QTRLY SHR FROM CONTINUING OPERATIONS $1.74; 20/03/2018 – MEDIA-India’s DRI says Nirav Modi firms in Surat SEZ diverted duty-free diamonds – Business Standard; 22/03/2018 – DARDEN EARNINGS CALL BEGINS; 22/03/2018 – DARDEN RESTAURANTS INC – QTRLY OLIVE GARDEN SALES $ 1,073.2 MLN VERSUS $1,035.1 MLN

More notable recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Seekingalpha.com which released: “Four Corners Property sells restaurant to Darden for $5.5M – Seeking Alpha” on December 14, 2018, also Benzinga.com with their article: “Low Valuation Lands Darden Restaurants (NYSE:DRI) On Oppenheimer’s Top Picks List – Benzinga” published on May 24, 2018, Zacks.com published: “Darden (DRI) Strategic Efforts Bode Well: Should You Hold? – Zacks.com” on December 06, 2018. More interesting news about Darden Restaurants, Inc. (NYSE:DRI) were released by: Fool.com and their article: “How Darden Restaurants Beat on the Top and Bottom Lines – Motley Fool” published on September 26, 2018 as well as Seekingalpha.com‘s news article titled: “Darden: Alpha Thesis Has Worked; Time To Reassess It – Seeking Alpha” with publication date: July 04, 2018.

Acadian Asset Management Llc, which manages about $65.15B and $24.21B US Long portfolio, decreased its stake in National Cinemedia Inc (NASDAQ:NCMI) by 353,556 shares to 82,261 shares, valued at $872,000 in 2018Q3, according to the filing. It also reduced its holding in Bce Inc (NYSE:BCE) by 143,553 shares in the quarter, leaving it with 3.24M shares, and cut its stake in Hd Supply Hldgs Inc (NASDAQ:HDS).

Among 31 analysts covering Darden Restaurants (NYSE:DRI), 19 have Buy rating, 2 Sell and 10 Hold. Therefore 61% are positive. Darden Restaurants had 139 analyst reports since August 25, 2015 according to SRatingsIntel. As per Tuesday, August 25, the company rating was downgraded by Zacks. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, June 27. The rating was maintained by Oppenheimer with “Buy” on Wednesday, January 10. The rating was maintained by RBC Capital Markets on Friday, March 23 with “Hold”. The firm has “Hold” rating given on Wednesday, September 30 by Maxim Group. Argus Research downgraded Darden Restaurants, Inc. (NYSE:DRI) on Tuesday, October 17 to “Hold” rating. The rating was maintained by Maxim Group with “Hold” on Friday, March 24. The stock of Darden Restaurants, Inc. (NYSE:DRI) has “Hold” rating given on Friday, January 12 by BMO Capital Markets. The stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Buy” rating by Oppenheimer on Thursday, July 20. Credit Suisse maintained Darden Restaurants, Inc. (NYSE:DRI) on Wednesday, September 27 with “Neutral” rating.

Since July 23, 2018, it had 0 insider purchases, and 3 sales for $13.10 million activity. 60,688 Darden Restaurants, Inc. (NYSE:DRI) shares with value of $6.84 million were sold by LEE EUGENE I JR. GEORGE DAVID C sold $6.03M worth of stock.

Investors sentiment decreased to 1.02 in Q3 2018. Its down 0.05, from 1.07 in 2018Q2. It dropped, as 37 investors sold DRI shares while 185 reduced holdings. 79 funds opened positions while 148 raised stakes. 104.62 million shares or 0.24% more from 104.37 million shares in 2018Q2 were reported. Girard Prtnrs Ltd reported 0.01% stake. Assetmark has 0% invested in Darden Restaurants, Inc. (NYSE:DRI). 4,920 were reported by Rothschild Invest Corporation Il. Thrivent Fincl For Lutherans owns 5,315 shares. Vantage Investment Lc has 18 shares for 0% of their portfolio. 3,057 were accumulated by Union Bank. Advisory Ntwk Ltd Liability Corp owns 5,641 shares for 0.05% of their portfolio. Martingale Asset Management Limited Partnership reported 0.57% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Moreover, Nordea Investment Management has 0.08% invested in Darden Restaurants, Inc. (NYSE:DRI) for 334,477 shares. 12,626 were reported by Meiji Yasuda Asset Mgmt Communication Limited. The United Kingdom-based Gulf International Financial Bank (Uk) Limited has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI). Iberiabank Corp holds 1,947 shares or 0.03% of its portfolio. Sei Investments Co stated it has 13,032 shares. The Ontario – Canada-based Cibc Asset Mgmt Inc has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI). Suntrust Banks Incorporated invested 0.03% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI).

Among 40 analysts covering Marvell Technology Group (NASDAQ:MRVL), 30 have Buy rating, 1 Sell and 9 Hold. Therefore 75% are positive. Marvell Technology Group had 141 analyst reports since August 5, 2015 according to SRatingsIntel. On Tuesday, November 7 the stock rating was upgraded by Citigroup to “Neutral”. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, September 26. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has “Buy” rating given on Wednesday, February 1 by UBS. The firm has “Buy” rating by FBR Capital given on Wednesday, November 29. The company was maintained on Tuesday, October 23 by Barclays Capital. The rating was maintained by Oppenheimer with “Buy” on Friday, March 9. The rating was maintained by Needham on Thursday, August 24 with “Buy”. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) earned “Market Perform” rating by BMO Capital Markets on Monday, September 14. Piper Jaffray maintained it with “Buy” rating and $28.0 target in Thursday, March 8 report. The company was maintained on Thursday, May 25 by Credit Suisse.

Mackenzie Financial Corp, which manages about $61.70 billion and $41.10 billion US Long portfolio, decreased its stake in Pure Storage Inc by 28,900 shares to 268,700 shares, valued at $6.97 million in 2018Q3, according to the filing. It also reduced its holding in Amdocs Ltd (NASDAQ:DOX) by 25,986 shares in the quarter, leaving it with 40,380 shares, and cut its stake in Fortive Corp.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Positions Chart

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Mackenzie Financial Corp Reduces Holdings in QUALCOMM, Inc. (NASDAQ:QCOM)

Mackenzie Financial Corp decreased its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 66.1% in the third quarter, according to its most recent 13F …

QUALCOMM logoMackenzie Financial Corp decreased its position in QUALCOMM, Inc. (NASDAQ:QCOM) by 66.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 215,320 shares of the wireless technology company’s stock after selling 419,427 shares during the period. Mackenzie Financial Corp’s holdings in QUALCOMM were worth $15,509,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Alliancebernstein L.P. grew its position in QUALCOMM by 3.3% in the 3rd quarter. Alliancebernstein L.P. now owns 4,215,124 shares of the wireless technology company’s stock worth $303,615,000 after purchasing an additional 134,469 shares during the last quarter. Stephens Inc. AR increased its stake in QUALCOMM by 13.3% in the second quarter. Stephens Inc. AR now owns 102,292 shares of the wireless technology company’s stock valued at $5,741,000 after purchasing an additional 11,974 shares in the last quarter. Asset Dedication LLC increased its stake in QUALCOMM by 11.3% in the second quarter. Asset Dedication LLC now owns 8,788 shares of the wireless technology company’s stock valued at $493,000 after purchasing an additional 894 shares in the last quarter. Argent Trust Co increased its stake in QUALCOMM by 264.6% in the second quarter. Argent Trust Co now owns 46,900 shares of the wireless technology company’s stock valued at $2,632,000 after purchasing an additional 34,036 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its holdings in shares of QUALCOMM by 298.5% in the second quarter. Centaurus Financial Inc. now owns 14,281 shares of the wireless technology company’s stock valued at $801,000 after buying an additional 10,697 shares during the period. 89.58% of the stock is owned by hedge funds and other institutional investors.

Shares of QCOM traded up $0.70 during mid-day trading on Friday, reaching $57.50. The company had a trading volume of 12,022,061 shares, compared to its average volume of 12,113,758. QUALCOMM, Inc. has a 1-year low of $48.56 and a 1-year high of $76.50. The company has a current ratio of 1.55, a quick ratio of 1.40 and a debt-to-equity ratio of 16.56. The company has a market cap of $68.62 billion, a P/E ratio of 18.03, a PEG ratio of 1.73 and a beta of 1.40.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 7th. The wireless technology company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.70 by $0.20. QUALCOMM had a negative net margin of 21.40% and a positive return on equity of 26.21%. The business had revenue of $5.83 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the company earned $0.92 EPS. The firm’s revenue was down 2.1% compared to the same quarter last year. On average, equities analysts forecast that QUALCOMM, Inc. will post 3.53 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 20th. Shareholders of record on Thursday, December 6th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Wednesday, December 5th. This represents a $2.48 annualized dividend and a yield of 4.31%. QUALCOMM’s payout ratio is 77.74%.

QCOM has been the subject of several research analyst reports. Canaccord Genuity reduced their price target on shares of QUALCOMM from $88.00 to $86.00 and set a “buy” rating for the company in a report on Tuesday, September 25th. Deutsche Bank increased their target price on shares of QUALCOMM to $70.00 and gave the stock a “hold” rating in a report on Wednesday, September 19th. BidaskClub lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th. Morgan Stanley raised shares of QUALCOMM from an “underweight” rating to an “equal weight” rating in a research report on Thursday, November 15th. Finally, KeyCorp assumed coverage on shares of QUALCOMM in a research report on Tuesday, September 25th. They set a “sector weight” rating on the stock. Twelve analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. QUALCOMM presently has an average rating of “Buy” and a consensus target price of $70.44.

In related news, EVP Alexander H. Rogers sold 853 shares of QUALCOMM stock in a transaction on Monday, October 29th. The shares were sold at an average price of $63.50, for a total value of $54,165.50. Following the completion of the sale, the executive vice president now owns 4,344 shares of the company’s stock, valued at approximately $275,844. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Donald J. Rosenberg sold 9,048 shares of QUALCOMM stock in a transaction on Thursday, December 13th. The stock was sold at an average price of $58.01, for a total transaction of $524,874.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,521 shares of company stock valued at $2,030,355. Company insiders own 0.24% of the company’s stock.

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QUALCOMM Profile

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products.

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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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Mackenzie Financial Corp Grows Holdings in Duke Energy Corp (NYSE:DUK)

Mackenzie Financial Corp increased its position in Duke Energy Corp (NYSE:DUK) by 7.0% in the third quarter, according to the company in its most …

Duke Energy logoMackenzie Financial Corp increased its position in Duke Energy Corp (NYSE:DUK) by 7.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 296,379 shares of the utilities provider’s stock after acquiring an additional 19,277 shares during the period. Mackenzie Financial Corp’s holdings in Duke Energy were worth $23,716,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in DUK. Putnam Investments LLC boosted its holdings in Duke Energy by 0.9% in the 3rd quarter. Putnam Investments LLC now owns 259,153 shares of the utilities provider’s stock worth $20,737,000 after buying an additional 2,344 shares during the period. Cornerstone Capital Inc. raised its position in shares of Duke Energy by 6.2% during the 2nd quarter. Cornerstone Capital Inc. now owns 58,289 shares of the utilities provider’s stock valued at $4,609,000 after buying an additional 3,395 shares in the last quarter. Millennium Management LLC raised its position in shares of Duke Energy by 23.2% during the 2nd quarter. Millennium Management LLC now owns 1,740,617 shares of the utilities provider’s stock valued at $137,648,000 after buying an additional 328,285 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Duke Energy by 69.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 214,894 shares of the utilities provider’s stock valued at $16,994,000 after buying an additional 87,950 shares in the last quarter. Finally, ProVise Management Group LLC raised its position in shares of Duke Energy by 1,333.8% during the 2nd quarter. ProVise Management Group LLC now owns 37,050 shares of the utilities provider’s stock valued at $2,930,000 after buying an additional 34,466 shares in the last quarter. Institutional investors own 59.40% of the company’s stock.

A number of analysts recently weighed in on the stock. Bank of America lowered shares of Duke Energy from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $88.00 to $87.00 in a research report on Wednesday. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Duke Energy from a “buy” rating to a “hold” rating in a research note on Tuesday. ValuEngine upgraded shares of Duke Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, November 21st. Barclays increased their price objective on shares of Duke Energy from $86.00 to $88.00 and gave the company a “hold” rating in a research note on Monday, November 19th. Finally, Wells Fargo & Co dropped their price objective on shares of Duke Energy from $89.00 to $88.00 and set a “market perform” rating on the stock in a research note on Monday, November 5th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $85.25.

DUK traded down $0.66 on Friday, reaching $84.61. 3,082,400 shares of the company’s stock were exchanged, compared to its average volume of 3,076,325. The firm has a market capitalization of $60.46 billion, a PE ratio of 18.51, a PEG ratio of 3.40 and a beta of 0.04. Duke Energy Corp has a twelve month low of $71.96 and a twelve month high of $91.35. The company has a current ratio of 0.68, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17.

Duke Energy (NYSE:DUK) last posted its quarterly earnings results on Friday, November 2nd. The utilities provider reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.12. Duke Energy had a net margin of 11.98% and a return on equity of 8.02%. The firm had revenue of $6.63 billion for the quarter, compared to analyst estimates of $6.59 billion. During the same period in the previous year, the business posted $1.59 earnings per share. Duke Energy’s quarterly revenue was up 2.3% on a year-over-year basis. As a group, analysts predict that Duke Energy Corp will post 4.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 18th. Stockholders of record on Friday, February 15th will be paid a $0.9275 dividend. This represents a $3.71 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend is Thursday, February 14th. Duke Energy’s dividend payout ratio (DPR) is 81.18%.

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Duke Energy Company Profile

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.

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Institutional Ownership by Quarter for Duke Energy (NYSE:DUK)

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