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April 25, 2022

Capital One Financial Analysts Raise Earnings Estimates for Northern Oil and Gas, Inc. (NYSEAMERICAN:NOG)

Northern Oil and Gas, Inc. (NYSEAMERICAN:NOG – Get Rating) – Equities researchers at Capital One Financial lifted their FY2022 earnings per share (EPS) estimates for Northern Oil and Gas in a note issued to investors on Thursday, April 21st. Capital One Financial analyst P. Johnston now forecasts that the energy company will earn $6.09 per share for the year, up from their prior estimate of $6.01. Capital One Financial also issued estimates for Northern Oil and Gas’ Q4 2022 earnings at $1.74 EPS and FY2023 earnings at $7.52 EPS.

Northern Oil and Gas (NYSEAMERICAN:NOG – Get Rating) last announced its quarterly earnings data on Thursday, February 24th. The energy company reported $1.06 earnings per share (EPS) for the quarter. Northern Oil and Gas had a net margin of 1.28{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a negative return on equity of 351.74{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The company had revenue of $332.37 million during the quarter. During the same quarter in the prior year, the company posted $0.64 EPS.

A number of other brokerages have also recently issued reports on NOG. Piper Sandler increased their target price on shares of Northern Oil and Gas from $37.00 to $40.00 and gave the stock an “overweight” rating in a research report on Thursday, April 7th. Truist Financial increased their target price on shares of Northern Oil and Gas from $45.00 to $50.00 in a research report on Thursday. Wells Fargo & Company cut shares of Northern Oil and Gas from an “overweight” rating to an “equal weight” rating and set a $34.00 target price for the company. in a research report on Monday, March 14th. They noted that the move was a valuation call. Bank of America cut shares of Northern Oil and Gas from a “buy” rating to a “neutral” rating and increased their target price for the stock from $33.00 to $38.00 in a research report on Tuesday, March 8th. Finally, Raymond James increased their target price on shares of Northern Oil and Gas from $43.00 to $45.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 25th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $36.70.

Shares of Northern Oil and Gas stock opened at $25.45 on Monday. The stock has a market cap of $1.97 billion, a P/E ratio of -24.95, a PEG ratio of 0.51 and a beta of 2.25. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 3.73. Northern Oil and Gas has a 12-month low of $12.07 and a 12-month high of $30.44.

Large investors have recently added to or reduced their stakes in the stock. EAM Global Investors LLC bought a new position in shares of Northern Oil and Gas in the third quarter valued at $2,246,000. New York State Common Retirement Fund boosted its position in Northern Oil and Gas by 430.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the fourth quarter. New York State Common Retirement Fund now owns 415,191 shares of the energy company’s stock worth $8,545,000 after purchasing an additional 336,917 shares during the period. Brandywine Global Investment Management LLC bought a new position in Northern Oil and Gas during the third quarter worth $4,754,000. Geneos Wealth Management Inc. boosted its position in Northern Oil and Gas by 16.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Geneos Wealth Management Inc. now owns 8,040 shares of the energy company’s stock worth $179,000 after purchasing an additional 1,120 shares during the period. Finally, Deprince Race & Zollo Inc. boosted its position in Northern Oil and Gas by 162.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Deprince Race & Zollo Inc. now owns 1,364,461 shares of the energy company’s stock worth $29,199,000 after purchasing an additional 844,377 shares during the period. 88.47{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by institutional investors and hedge funds.

In other news, insider Michael D. Kelly sold 13,000 shares of Northern Oil and Gas stock in a transaction that occurred on Friday, April 1st. The shares were sold at an average price of $28.34, for a total value of $368,420.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lisa Meier sold 12,500 shares of Northern Oil and Gas stock in a transaction that occurred on Thursday, March 17th. The shares were sold at an average price of $25.88, for a total transaction of $323,500.00. The disclosure for this sale can be found here. Company insiders own 4.40{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Friday, April 29th. Shareholders of record on Wednesday, March 30th will be issued a dividend of $0.14 per share. This is an increase from Northern Oil and Gas’s previous quarterly dividend of $0.08. This represents a $0.56 annualized dividend and a yield of 2.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date of this dividend is Tuesday, March 29th. Northern Oil and Gas’s dividend payout ratio (DPR) is -54.90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Northern Oil and Gas Company Profile (Get Rating)

Northern Oil and Gas, Inc, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States.

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April 23, 2022

Capital One Financial Analysts Lower Earnings Estimates for Marathon Oil Co. (NYSE:MRO)

Marathon Oil Co. (NYSE:MRO – Get Rating) – Analysts at Capital One Financial dropped their Q1 2022 EPS estimates for Marathon Oil in a report released on Tuesday, April 19th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will post earnings of $0.83 per share for the quarter, down from their previous estimate of $1.05. Capital One Financial also issued estimates for Marathon Oil’s Q2 2022 earnings at $0.83 EPS, Q3 2022 earnings at $0.85 EPS, FY2022 earnings at $3.39 EPS and FY2023 earnings at $2.80 EPS.

Marathon Oil (NYSE:MRO – Get Rating) last released its earnings results on Wednesday, February 16th. The oil and gas producer reported $0.77 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.22. Marathon Oil had a net margin of 17.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 11.60{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business earned ($0.12) EPS. The business’s revenue was up 116.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} on a year-over-year basis.

Several other research firms also recently issued reports on MRO. Barclays boosted their price objective on shares of Marathon Oil from $29.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, April 12th. Citigroup upped their target price on shares of Marathon Oil from $17.00 to $20.00 in a research note on Monday, January 3rd. Piper Sandler upped their target price on shares of Marathon Oil from $27.00 to $37.00 and gave the company an “overweight” rating in a research note on Thursday, April 7th. Raymond James upped their target price on shares of Marathon Oil from $27.00 to $31.00 and gave the company a “strong-buy” rating in a research note on Tuesday, February 22nd. Finally, Royal Bank of Canada upped their target price on shares of Marathon Oil from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Wednesday, March 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $26.80.

NYSE:MRO opened at $27.65 on Thursday. The firm’s 50-day moving average is $23.96 and its 200-day moving average is $19.49. Marathon Oil has a 52-week low of $9.70 and a 52-week high of $27.72. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.11. The company has a market cap of $19.87 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 0.45 and a beta of 2.76.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sigma Planning Corp lifted its holdings in Marathon Oil by 111.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Sigma Planning Corp now owns 43,622 shares of the oil and gas producer’s stock valued at $1,095,000 after buying an additional 23,012 shares during the period. Adams Asset Advisors LLC acquired a new stake in Marathon Oil in the first quarter worth $228,000. Harbor Investment Advisory LLC raised its holdings in Marathon Oil by 138.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Harbor Investment Advisory LLC now owns 1,720 shares of the oil and gas producer’s stock worth $43,000 after purchasing an additional 1,000 shares during the period. Koshinski Asset Management Inc. raised its holdings in Marathon Oil by 67.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the first quarter. Koshinski Asset Management Inc. now owns 4,187 shares of the oil and gas producer’s stock worth $105,000 after purchasing an additional 1,685 shares during the period. Finally, Richelieu Gestion PLC acquired a new stake in Marathon Oil in the first quarter worth $188,000. Institutional investors and hedge funds own 77.26{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

In related news, insider Patrick Wagner sold 21,673 shares of the stock in a transaction that occurred on Tuesday, March 8th. The shares were sold at an average price of $25.45, for a total value of $551,577.85. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Rob L. White sold 8,700 shares of the stock in a transaction that occurred on Thursday, March 3rd. The shares were sold at an average price of $23.00, for a total transaction of $200,100.00. The disclosure for this sale can be found here. Insiders have sold 1,180,065 shares of company stock worth $29,703,167 over the last quarter. 0.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by company insiders.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 10th. Stockholders of record on Wednesday, February 16th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.01{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a positive change from Marathon Oil’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, February 15th. Marathon Oil’s dividend payout ratio is presently 23.14{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Marathon Oil (Get Rating)

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.

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April 20, 2022

National Bank Financial Analysts Reduce Earnings Estimates for Taseko Mines Limited (NYSEAMERICAN:TGB)

Taseko Mines Limited (NYSEAMERICAN:TGB – Get Ranking) (TSE:TKO) – Exploration analysts at Nationwide Lender Monetary reduced their Q1 2022 earnings for each share estimates for shares of Taseko Mines in a research be aware issued to investors on Monday, April 18th. National Bank Economic analyst S. Nagle now anticipates that the mining company will put up earnings for each share of $.05 for the quarter, down from their former estimate of $.06.

Other analysts have also recently issued research reviews about the stock. Stifel Nicolaus lifted shares of Taseko Mines from a “hold” score to a “buy” score in a research take note on Tuesday. Scotiabank boosted their target price on shares of Taseko Mines from C$2.75 to C$3.00 in a investigation note on Wednesday, April 13th. Zacks Financial commitment Investigate raised shares of Taseko Mines from a “hold” ranking to a “buy” ranking and established a $2.50 concentrate on price tag for the firm in a investigate notice on Wednesday, April 13th. Lastly, Panmure Gordon raised shares of Taseko Mines from a “hold” rating to a “buy” score and set a $3.38 goal selling price for the corporation in a analysis take note on Thursday, March 10th. A single analyst has rated the inventory with a promote rating, two have assigned a hold rating and 4 have provided a invest in score to the company’s inventory. In accordance to MarketBeat.com, the business at the moment has a consensus score of “Hold” and an common value concentrate on of $3.27.

TGB inventory opened at $2.25 on Wednesday. The inventory has a industry cap of $643.45 million, a PE ratio of 22.50 and a beta of 2.21. The company has a personal debt-to-equity ratio of 1.43, a present-day ratio of 3.26 and a quick ratio of 2.49. Taseko Mines has a 52 week minimal of $1.49 and a 52 week significant of $2.67.

Taseko Mines (NYSEAMERICAN:TGB – Get Ranking) (TSE:TKO) previous released its earnings benefits on Tuesday, February 22nd. The mining company reported $.04 EPS for the quarter, hitting analysts’ consensus estimates of $.04. The small business had profits of $81.69 million all through the quarter. Taseko Mines had a net margin of 8.46{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on equity of 13.48{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Institutional traders and hedge resources have not too long ago acquired and sold shares of the stock. Cambridge Expense Study Advisors Inc. obtained a new situation in Taseko Mines in the 4th quarter valued at about $30,000. Toronto Dominion Financial institution obtained a new posture in Taseko Mines in the 3rd quarter valued at about $38,000. JustInvest LLC acquired a new placement in Taseko Mines in the 4th quarter valued at about $42,000. Morling Financial Advisors LLC acquired a new posture in Taseko Mines in the 4th quarter valued at about $45,000. Finally, Stonebridge Cash Advisors LLC boosted its holdings in Taseko Mines by 200.{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Stonebridge Capital Advisors LLC now owns 30,000 shares of the mining company’s stock valued at $62,000 right after getting an added 20,000 shares all through the very last quarter. Hedge money and other institutional buyers have 20.95{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s inventory.

About Taseko Mines (Get Ranking)

Taseko Mines Constrained, a mining business, acquires, develops, and operates mineral attributes. The firm explores for copper, molybdenum, gold, niobium, and silver deposits. It holds 75{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} fascination in the Gibraltar mine found in British Columbia. It also retains 100{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} curiosity in Yellowhead copper task, the Aley niobium challenge, and the New Prosperity gold and copper task positioned in British Columbia and the Florence copper undertaking positioned in Arizona.

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April 18, 2022

Bank of America Traders Get Boost From Market Volatility, Beat Estimates

(Bloomberg) — Financial institution of The us Corp. joined Wall Street rivals in capitalizing on market place volatility even though also benefiting from an raise in lending.

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The company’s buying and selling operation posted $4.72 billion in revenue, down just 7.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from a year before after analysts expected a 16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} decrease. The finest success had been in the equities organization, exactly where profits soared 9.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to a report $2 billion, the Charlotte, North Carolina-based mostly business explained in a statement Monday.

Traders across the U.S. finance industry had a greater-than-expected initially quarter as Russia’s invasion of Ukraine compounded volatility previously simmering on inflation problems and a lingering pandemic. Goldman Sachs Group Inc. and Morgan Stanley posted shock boosts in investing profits final week, whilst Citigroup Inc. and JPMorgan Chase & Co. also surpassed analysts’ anticipations for quarterly success.

“Despite the current market turmoil, we experienced zero days of buying and selling losses,” Chief Government Officer Brian Moynihan stated on a conference get in touch with with analysts.

Financial institution of The us shares rose 2.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $38.55 at 9:53 a.m. in New York. They’ve declined 1.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the past 12 months, as opposed with a 4.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} decrease for the KBW Lender Index.

Web fascination profits rose 13{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $11.6 billion. The company’s mortgage balances rose to $993.1 billion at the finish of the very first quarter, up 10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from a year before and more than analysts’ estimates of $986.4 billion. Lending has been a essential aim for traders, with governing administration stimulus programs holding demand from customers weak for much of 2021 and historically minimal fascination premiums hurting internet fascination earnings, the profits gathered from financial loan payments minus what depositors are compensated. But dwindling federal-support programs and climbing costs are starting up to switch that all around.

The increase in internet desire earnings was “supported by powerful loan and deposit progress,” Chief Economic Officer Alastair Borthwick stated in the assertion. “Going ahead, and with the forward curve expectation of increasing desire prices, we foresee acknowledging far more of the benefit of our deposit franchise.”

JPMorgan stated last week that industrial loans rose and consumer loans excluding credit cards fell in the initial quarter from a 12 months before. At Wells Fargo & Co., credit score-card, car, own and business financial loans all increased.

At Bank of The united states, expenditure-banking income fell 35{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $1.46 billion, even though advisory fees totaled $473 million, up 18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} from a year earlier. Wall Street’s dealmaking growth arrived to an abrupt halt amid gyrating markets and rampant inflation, slicing into rate income at banking institutions. Financial debt-underwriting revenue fell 16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $831 million, whilst fairness underwriting slumped 75{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $225 million.

Lender of The usa also stated its immediate exposure to Russia is “minor,” disclosing about $700 million of lending to Russian-primarily based providers.

Also in Financial institution of America’s initial-quarter success:

Net revenue lessened 12{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $7.1 billion, or 80 cents a share. Altered earnings have been expected to whole 74 cents, the common estimate in a Bloomberg survey.
Companywide earnings totaled $23.2 billion, conference analysts’ estimates.
Lender of The usa unveiled $362 million in reserves in the initial quarter. That follows a $851 million launch in the earlier three months.
Noninterest costs fell to $15.3 billion from $15.5 billion a calendar year before. Executives stated they expect charges to remain flat when compared with a 12 months previously, and fall in foreseeable future quarters.
Client balances in the Merrill Lynch Prosperity Management organization rose 6.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} to $3.1 trillion.

(Updates with shares in fifth paragraph.)

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April 15, 2022

Capital One Financial Analysts Increase Earnings Estimates for Whiting Petroleum Co. (NYSE:WLL)

Whiting Petroleum Co. (NYSE:WLL – Get Rating) – Equities research analysts at Capital One Financial lifted their Q1 2022 earnings per share (EPS) estimates for shares of Whiting Petroleum in a research report issued on Wednesday, April 13th. Capital One Financial analyst B. Velie now expects that the oil and gas exploration company will earn $5.30 per share for the quarter, up from their prior estimate of $5.17. Capital One Financial also issued estimates for Whiting Petroleum’s Q4 2022 earnings at $5.88 EPS and FY2022 earnings at $22.24 EPS.

A number of other brokerages also recently commented on WLL. Zacks Investment Research downgraded Whiting Petroleum from a “buy” rating to a “hold” rating and set a $86.00 price objective for the company. in a research report on Tuesday, March 29th. Wells Fargo & Company upped their price target on shares of Whiting Petroleum from $77.00 to $99.00 and gave the stock an “equal weight” rating in a research note on Monday, March 14th. Piper Sandler upped their price target on shares of Whiting Petroleum from $87.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, April 7th. StockNews.com assumed coverage on shares of Whiting Petroleum in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Finally, KeyCorp raised their price target on Whiting Petroleum from $95.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, April 8th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $85.88.

WLL opened at $83.41 on Friday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 7.76 and a beta of 1.89. Whiting Petroleum has a 1-year low of $33.13 and a 1-year high of $90.89. The business has a 50 day moving average price of $77.52 and a two-hundred day moving average price of $70.98.

Whiting Petroleum (NYSE:WLL – Get Rating) last posted its earnings results on Wednesday, February 23rd. The oil and gas exploration company reported $4.23 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.68 by $0.55. The company had revenue of $473.41 million for the quarter, compared to the consensus estimate of $336.86 million. During the same period last year, the company posted $1.46 earnings per share.

A number of institutional investors and hedge funds have recently made changes to their positions in WLL. Morgan Stanley boosted its holdings in Whiting Petroleum by 19.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 2nd quarter. Morgan Stanley now owns 115,447 shares of the oil and gas exploration company’s stock valued at $6,297,000 after purchasing an additional 19,126 shares during the period. Strs Ohio lifted its stake in Whiting Petroleum by 80.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Strs Ohio now owns 12,600 shares of the oil and gas exploration company’s stock valued at $735,000 after purchasing an additional 5,600 shares during the last quarter. SG Americas Securities LLC lifted its stake in Whiting Petroleum by 211.7{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. SG Americas Securities LLC now owns 43,701 shares of the oil and gas exploration company’s stock valued at $2,553,000 after purchasing an additional 29,681 shares during the last quarter. Deutsche Bank AG increased its position in Whiting Petroleum by 10.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Deutsche Bank AG now owns 273,281 shares of the oil and gas exploration company’s stock valued at $15,963,000 after acquiring an additional 25,867 shares during the period. Finally, Advisor Group Holdings Inc. increased its position in Whiting Petroleum by 943.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Advisor Group Holdings Inc. now owns 21,198 shares of the oil and gas exploration company’s stock valued at $1,238,000 after acquiring an additional 19,166 shares during the period.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 15th. Investors of record on Monday, February 21st were paid a $0.25 dividend. The ex-dividend date was Thursday, February 17th. This represents a $1.00 dividend on an annualized basis and a yield of 1.20{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. Whiting Petroleum’s dividend payout ratio (DPR) is currently 9.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Whiting Petroleum Company Profile (Get Rating)

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, development, and production of crude oil, natural gas, and natural gas liquids primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers.

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April 4, 2022

Truist Financial Analysts Boost Earnings Estimates for Adicet Bio, Inc. (NASDAQ:ACET)

Adicet Bio, Inc. (NASDAQ:ACET – Get Rating) – Stock analysts at Truist Financial upped their Q1 2022 earnings per share (EPS) estimates for Adicet Bio in a report issued on Thursday, March 31st. Truist Financial analyst A. Goonewardene now expects that the company will earn $0.08 per share for the quarter, up from their previous forecast of $0.07. Truist Financial currently has a “Buy” rating and a $30.00 target price on the stock. Truist Financial also issued estimates for Adicet Bio’s Q4 2022 earnings at $2.25 EPS, FY2022 earnings at $1.61 EPS and FY2026 earnings at $2.07 EPS.

A number of other analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of Adicet Bio from a “sell” rating to a “hold” rating in a research report on Tuesday, January 11th. Jefferies Financial Group began coverage on shares of Adicet Bio in a research report on Friday, March 4th. They issued a “buy” rating and a $27.00 target price on the stock. TheStreet upgraded shares of Adicet Bio from a “d” rating to a “c-” rating in a research report on Friday, December 17th. StockNews.com began coverage on shares of Adicet Bio in a research report on Thursday. They issued a “sell” rating on the stock. Finally, HC Wainwright restated a “buy” rating and issued a $34.00 target price on shares of Adicet Bio in a research report on Tuesday, December 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $27.63.

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NASDAQ ACET opened at $20.81 on Monday. The firm has a market capitalization of $829.84 million, a price-to-earnings ratio of -10.05 and a beta of 2.48. The firm’s 50 day simple moving average is $14.41 and its 200 day simple moving average is $12.28. Adicet Bio has a 1 year low of $6.25 and a 1 year high of $21.00. Adicet Bio (NASDAQ:ACET – Get Rating) last posted its quarterly earnings results on Tuesday, March 15th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.44) by ($0.03). The company had revenue of $5.47 million for the quarter, compared to analyst estimates of $4.65 million.

In related news, Director Aya Jakobovits sold 8,000 shares of Adicet Bio stock in a transaction on Wednesday, February 9th. The shares were sold at an average price of $14.03, for a total transaction of $112,240.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 16,000 shares of company stock valued at $239,240 in the last three months. 33.90{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Abingworth LLP raised its stake in Adicet Bio by 31.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the fourth quarter. Abingworth LLP now owns 2,115,385 shares of the company’s stock worth $36,892,000 after buying an additional 500,000 shares during the last quarter. BlackRock Inc. grew its holdings in Adicet Bio by 16.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. BlackRock Inc. now owns 1,452,452 shares of the company’s stock worth $25,403,000 after purchasing an additional 203,933 shares during the period. Point72 Asset Management L.P. grew its holdings in Adicet Bio by 4.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Point72 Asset Management L.P. now owns 1,275,000 shares of the company’s stock worth $9,996,000 after purchasing an additional 60,000 shares during the period. DAFNA Capital Management LLC grew its holdings in Adicet Bio by 94.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. DAFNA Capital Management LLC now owns 733,172 shares of the company’s stock worth $12,823,000 after purchasing an additional 356,891 shares during the period. Finally, Johnson & Johnson acquired a new stake in Adicet Bio in the third quarter worth $5,715,000. 68.55{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by institutional investors and hedge funds.

Adicet Bio Company Profile (Get Rating)

Adicet Bio, Inc is a biotechnology company, which engages in the design and development of off-the-shelf allogeneic gamma delta T cell therapies for cancer and other diseases. The company was founded by Aya Jakobovits in November 2014 and is headquartered in Boston, MA.

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