Hudock Capital Group LLC Has $56000 Stake in Canopy Growth Corp (NYSE:CGC)

Hudock Capital Group LLC raised its stake in Canopy Growth Corp (NYSE:CGC) by 59.9% during the 2nd quarter, according to its most recent Form …

Canopy Growth logoHudock Capital Group LLC raised its stake in Canopy Growth Corp (NYSE:CGC) by 59.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,388 shares of the marijuana producer’s stock after buying an additional 520 shares during the quarter. Hudock Capital Group LLC’s holdings in Canopy Growth were worth $56,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of Canopy Growth by 4,386.9% in the fourth quarter. Bank of New York Mellon Corp now owns 226,500 shares of the marijuana producer’s stock valued at $6,086,000 after purchasing an additional 221,452 shares in the last quarter. Geode Capital Management LLC acquired a new position in shares of Canopy Growth in the fourth quarter valued at approximately $791,000. Nordea Investment Management AB acquired a new position in shares of Canopy Growth in the fourth quarter valued at approximately $308,000. Norges Bank acquired a new position in Canopy Growth during the 4th quarter worth approximately $30,296,000. Finally, Deutsche Bank AG grew its holdings in Canopy Growth by 111.2% during the 4th quarter. Deutsche Bank AG now owns 176,861 shares of the marijuana producer’s stock worth $4,749,000 after acquiring an additional 93,136 shares in the last quarter. 8.16% of the stock is currently owned by hedge funds and other institutional investors.

CGC has been the subject of several analyst reports. Consumer Edge initiated coverage on shares of Canopy Growth in a report on Friday, June 28th. They set an “equal weight” rating for the company. Desjardins reiterated a “hold” rating on shares of Canopy Growth in a report on Thursday, July 4th. Zacks Investment Research cut shares of Canopy Growth from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. LADENBURG THALM/SH SH initiated coverage on shares of Canopy Growth in a report on Wednesday, July 17th. They set a “buy” rating and a $50.00 price target for the company. Finally, Bank of America set a $53.00 price target on shares of Canopy Growth and gave the stock a “buy” rating in a report on Wednesday, July 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $54.86.

Shares of NYSE:CGC opened at $32.90 on Friday. The company has a quick ratio of 11.49, a current ratio of 12.32 and a debt-to-equity ratio of 0.12. Canopy Growth Corp has a twelve month low of $24.46 and a twelve month high of $59.25. The business’s 50 day moving average is $36.54.

Canopy Growth (NYSE:CGC) last issued its quarterly earnings data on Thursday, June 20th. The marijuana producer reported ($0.67) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.50). The company had revenue of $70.74 million for the quarter, compared to analysts’ expectations of $71.06 million. Canopy Growth had a negative return on equity of 15.82% and a negative net margin of 304.03%. On average, equities research analysts forecast that Canopy Growth Corp will post -0.9 EPS for the current year.

Canopy Growth Company Profile

Canopy Growth Corporation, together with its subsidiaries, engages in growing, possession, and sale of medical cannabis in Canada. Its products include dried flowers, oils and concentrates, softgel capsules, and hemps. The company offers its products under the Tweed, Black Label, Spectrum Cannabis, DNA Genetics, Leafs By Snoop, CraftGrow, and Foria brand names.

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Institutional Ownership by Quarter for Canopy Growth (NYSE:CGC)

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Cineworld Group (LON:CINE) Earns Top Pick Rating from Royal Bank of Canada

Cineworld Group (LON:CINE)’s stock had its “top pick” rating restated by analysts at Royal Bank of Canada in a research note issued on Friday, Digital …

Cineworld Group logoCineworld Group (LON:CINE)‘s stock had its “top pick” rating restated by analysts at Royal Bank of Canada in a research note issued on Friday, Digital Look reports. They presently have a GBX 400 ($5.23) price target on the stock. Royal Bank of Canada’s target price points to a potential upside of 65.02% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Berenberg Bank reiterated a “buy” rating and set a GBX 360 ($4.70) price target on shares of Cineworld Group in a research note on Monday, August 5th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Cineworld Group in a research note on Wednesday, May 15th. Barclays reiterated an “equal weight” rating and set a GBX 315 ($4.12) price target on shares of Cineworld Group in a research note on Friday. UBS Group reiterated a “buy” rating on shares of Cineworld Group in a research note on Thursday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 445 ($5.81) price target on shares of Cineworld Group in a research note on Tuesday, June 18th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 377.10 ($4.93).

CINE stock opened at GBX 242.40 ($3.17) on Friday. The firm has a market cap of $3.33 billion and a P/E ratio of 10.82. The company has a debt-to-equity ratio of 118.40, a current ratio of 0.64 and a quick ratio of 0.52. Cineworld Group has a 52-week low of GBX 233.90 ($3.06) and a 52-week high of GBX 325.40 ($4.25). The company’s 50-day moving average is GBX 252.45.

In other news, insider Scott Rosenblum acquired 15,615 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average price of GBX 312 ($4.08) per share, for a total transaction of £48,718.80 ($63,659.74). Also, insider Israel Greidinger sold 121,968 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of GBX 302 ($3.95), for a total value of £368,343.36 ($481,305.84).

Cineworld Group Company Profile

Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.

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Analyst Recommendations for Cineworld Group (LON:CINE)

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3D Systems Co. (NYSE:DDD) Given Average Recommendation of “Hold” by Analysts

3D Systems Co. (NYSE:DDD) has been assigned an average rating of “Hold” from the twelve brokerages that are currently covering the company, …

3D Systems logo3D Systems Co. (NYSE:DDD) has been assigned an average rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $11.56.

A number of research analysts recently commented on DDD shares. Craig Hallum set a $23.00 target price on Sientra and gave the company a “buy” rating in a research note on Monday, April 22nd. ValuEngine lowered shares of Xylem from a “buy” rating to a “hold” rating in a research report on Tuesday, May 14th. Zacks Investment Research upgraded shares of Gerdau from a “sell” rating to a “hold” rating in a research report on Monday, May 13th. JPMorgan Chase & Co. set a €52.00 ($60.47) price target on shares of Vonovia and gave the company a “buy” rating in a research report on Friday, May 10th. Finally, Piper Jaffray Companies cut their price target on shares of Apyx Medical to $7.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th.

In other 3D Systems news, insider Vyomesh Joshi purchased 29,920 shares of the business’s stock in a transaction on Monday, May 13th. The stock was acquired at an average cost of $8.22 per share, for a total transaction of $245,942.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of DDD. CWM Advisors LLC increased its position in shares of 3D Systems by 32.0% during the second quarter. CWM Advisors LLC now owns 23,497 shares of the 3D printing company’s stock valued at $214,000 after acquiring an additional 5,699 shares in the last quarter. Exane Derivatives bought a new stake in shares of 3D Systems during the second quarter valued at approximately $216,000. Formula Growth Ltd. bought a new stake in shares of 3D Systems during the first quarter valued at approximately $4,204,000. GMT Capital Corp bought a new stake in shares of 3D Systems during the first quarter valued at approximately $2,596,000. Finally, ARK Investment Management LLC boosted its holdings in 3D Systems by 29.5% in the first quarter. ARK Investment Management LLC now owns 178,320 shares of the 3D printing company’s stock worth $1,919,000 after purchasing an additional 40,595 shares during the last quarter. Institutional investors and hedge funds own 70.42% of the company’s stock.

DDD opened at $8.77 on Friday. The company has a market capitalization of $1.03 billion, a PE ratio of -23.70 and a beta of 1.98. The company has a current ratio of 2.56, a quick ratio of 1.78 and a debt-to-equity ratio of 0.17. 3D Systems has a 52 week low of $7.81 and a 52 week high of $21.78. The company has a fifty day moving average price of $8.61.

3D Systems (NYSE:DDD) last released its earnings results on Tuesday, May 7th. The 3D printing company reported ($0.20) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.13). The firm had revenue of $152.00 million during the quarter, compared to the consensus estimate of $164.69 million. 3D Systems had a negative net margin of 7.26% and a negative return on equity of 6.26%. The firm’s revenue was down 8.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) EPS. As a group, equities research analysts predict that 3D Systems will post -0.35 EPS for the current year.

3D Systems Company Profile

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names.

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Analyst Recommendations for 3D Systems (NYSE:DDD)

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iRobot Corporation (NASDAQ:IRBT) is Under Analysts Radar as Broker Rating Hits 237

iRobot Corporation (NASDAQ:IRBT) currently has an Average Broker Rating of 2.75. The ABR rank within the industry stands at 237. This number is …

iRobot Corporation (NASDAQ:IRBT) currently has an Average Broker Rating of 2.75. The ABR rank within the industry stands at 237. This number is based on the 8 sell-side firms polled by Zacks.

Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR.

As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. The benefit is that you quickly get a snapshot of where Wall Street stands on a stock without having to read a mountain of research reports.

Broker recommendations are made by brokerage firms (for example, JP Morgan) and are not an outright recommendation to buy or sell a share, but instead give an indication of how the broker thinks the company will perform relative to its sector. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. Each brokerage firm has its own way of rating that may make it difficult to compare broker recommendations between the brokerage houses.

For example, at one brokerage “buy” may be the strongest recommendation, while at another “buy” could be second to a “strong buy” rating. The second-highest ratings also have a number of different other names: “accumulate”, “outperform”, “moderate buy” or “overweight”.

Analysts on a consensus basis are expecting that the stock will reach $91.83 within the year.

Investors may be looking closely at current stock market levels as we move towards the closing stages of the year. Investors might be reviewing current holdings to see if there are any changes that need to be made. Even when things are going good with equities, it may be wise to regularly check the portfolio to make sure that everything is still balanced properly. Being prepared for various market conditions may be a great help to the investor when the winds of change eventually blow in.

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Research analysts are predicting that iRobot Corporation (NASDAQ:IRBT) will report earnings of $0.58 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

iRobot Corporation (NASDAQ:IRBT) closed the last session at $69.19 and sees an average of 1362670.75 shares trade hands in each session. The 52-week low of the stock stands at $67.91 while the current level stands at 2.04% of the 52-week High-Low range. Looking further out we can see that the stock has moved -26.17% over the past 12 weeks and -17.38% year to date.

Most recently iRobot Corporation (NASDAQ:IRBT) posted quarterly earnings of $0.25 which compared to the sell-side estimates of 0.03. The stock’s 12-month trailing earnings per share stands at $3.17. Shares have moved $-23.37 over the past month and more recently, $-3.07 over the past week heading into the earnings announcement. There are 5 analyst projections that were taken into consideration from respected brokerage firms.

Traders may already have a favorite method for applying technical analysis. Active traders are typically concerned with shorter-term price movements when trading shares. Entry and exit points tend to be way more important for traders who are looking to capitalize on stock market trends. Some traders may opt to only use technical analysis when picking stocks, while others will also incorporate company fundamentals when doing research. Of course, there is no one foolproof method for trading the markets. Many technical investors will still opt to familiarize themselves with the fundamentals before diving deeper into the technical signals. Longer-term investors might not be as concerned with day to day price fluctuations while short-term traders may not want to miss out on any significant price swings. Whatever trading strategy is applied, investors may still want to try to get a sense of the overall picture before making the trade.

1 analysts rate iRobot Corporation a Buy or Strong Buy, which is 12.5% of all the analyst ratings.

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JPMorgan Chase & Co. Downgrades 3D Systems (NYSE:DDD) to Underweight

They currently have a $7.00 target price on the 3D printing company’s stock, down from their prior target price of $8.00. JPMorgan Chase & Co.’s price …

3D Systems logo3D Systems (NYSE:DDD) was downgraded by equities research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a research note issued on Thursday, MarketBeat.com reports. They currently have a $7.00 target price on the 3D printing company’s stock, down from their prior target price of $8.00. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 1.55% from the company’s current price.

Other research analysts have also issued reports about the stock. ValuEngine upgraded shares of 3D Systems from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 1st. Piper Jaffray Companies dropped their price objective on shares of 3D Systems from $18.00 to $12.50 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. TheStreet lowered shares of 3D Systems from a “c-” rating to a “d” rating in a research note on Thursday, May 16th. Craig Hallum started coverage on shares of 3D Systems in a research note on Monday, April 22nd. They issued a “hold” rating and a $12.00 price objective on the stock. Finally, Zacks Investment Research lowered shares of 3D Systems from a “hold” rating to a “strong sell” rating in a research note on Monday, May 13th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. 3D Systems currently has a consensus rating of “Hold” and an average price target of $12.56.

Shares of NYSE:DDD opened at $7.11 on Thursday. The stock’s fifty day moving average is $8.76. 3D Systems has a 12 month low of $6.80 and a 12 month high of $21.78. The company has a current ratio of 2.56, a quick ratio of 1.78 and a debt-to-equity ratio of 0.17.

3D Systems (NYSE:DDD) last announced its quarterly earnings results on Wednesday, August 7th. The 3D printing company reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.07). The company had revenue of $157.30 million for the quarter, compared to analyst estimates of $160.74 million. 3D Systems had a negative return on equity of 8.84% and a negative net margin of 9.78%. 3D Systems’s revenue was down 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 earnings per share. Equities analysts expect that 3D Systems will post -0.33 EPS for the current fiscal year.

In other 3D Systems news, insider Vyomesh Joshi acquired 29,920 shares of the company’s stock in a transaction on Monday, May 13th. The shares were bought at an average cost of $8.22 per share, for a total transaction of $245,942.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.30% of the company’s stock.

Large investors have recently modified their holdings of the company. HCR Wealth Advisors purchased a new stake in shares of 3D Systems in the first quarter valued at about $292,000. CWM LLC boosted its holdings in shares of 3D Systems by 823.5% in the second quarter. CWM LLC now owns 3,925 shares of the 3D printing company’s stock valued at $36,000 after acquiring an additional 3,500 shares in the last quarter. FinTrust Capital Advisors LLC boosted its holdings in shares of 3D Systems by 5,693.2% in the first quarter. FinTrust Capital Advisors LLC now owns 5,967 shares of the 3D printing company’s stock valued at $64,000 after acquiring an additional 5,864 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 3D Systems by 144.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,446 shares of the 3D printing company’s stock valued at $69,000 after acquiring an additional 3,804 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of 3D Systems in the first quarter valued at about $149,000. 70.47% of the stock is currently owned by institutional investors and hedge funds.

3D Systems Company Profile

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names.

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Analyst Recommendations for 3D Systems (NYSE:DDD)

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