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February 21, 2022

Truist Financial Analysts Lift Earnings Estimates for Devon Energy Co. (NYSE:DVN)

Devon Energy Co. (NYSE:DVN) – Investment analysts at Truist Financial boosted their Q1 2022 earnings estimates for Devon Energy in a research note issued on Wednesday, February 16th. Truist Financial analyst N. Dingmann now anticipates that the energy company will post earnings per share of $1.39 for the quarter, up from their prior estimate of $1.34. Truist Financial has a “Buy” rating and a $65.00 price target on the stock. Devon Energy (NYSE:DVN) last posted its quarterly earnings results on Monday, February 14th. The energy company reported $1.39 EPS for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.15. Devon Energy had a return on equity of 26.76{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 23.60{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

DVN has been the topic of a number of other reports. Credit Suisse Group boosted their price target on Devon Energy from $58.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, February 16th. StockNews.com raised Devon Energy from a “hold” rating to a “buy” rating in a report on Thursday. Benchmark raised Devon Energy from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Wednesday, November 3rd. Barclays upped their price objective on Devon Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a research report on Thursday, January 13th. Finally, Citigroup upped their price objective on Devon Energy from $39.00 to $57.00 in a research note on Thursday, January 20th. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $48.19.

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NYSE DVN opened at $54.78 on Monday. The stock’s 50 day moving average is $48.09 and its 200 day moving average is $40.31. The company has a current ratio of 1.38, a quick ratio of 1.21 and a debt-to-equity ratio of 0.69. Devon Energy has a 12 month low of $19.61 and a 12 month high of $56.42. The stock has a market cap of $37.09 billion, a PE ratio of 13.14, a P/E/G ratio of 0.23 and a beta of 2.87.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp lifted its position in Devon Energy by 1.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the second quarter. State Street Corp now owns 40,381,741 shares of the energy company’s stock worth $1,178,743,000 after buying an additional 460,138 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Devon Energy by 36.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the second quarter. Price T Rowe Associates Inc. MD now owns 32,658,423 shares of the energy company’s stock worth $953,299,000 after buying an additional 8,679,826 shares in the last quarter. Invesco Ltd. lifted its position in Devon Energy by 0.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Invesco Ltd. now owns 25,897,429 shares of the energy company’s stock worth $919,617,000 after buying an additional 84,866 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Devon Energy by 9.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the third quarter. Bank of New York Mellon Corp now owns 14,567,536 shares of the energy company’s stock worth $517,294,000 after buying an additional 1,270,392 shares in the last quarter. Finally, GQG Partners LLC lifted its position in Devon Energy by 4.3{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the fourth quarter. GQG Partners LLC now owns 14,507,422 shares of the energy company’s stock worth $638,965,000 after buying an additional 595,212 shares in the last quarter. Institutional investors and hedge funds own 88.11{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

In other Devon Energy news, CAO Jeremy D. Humphers sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 14th. The stock was sold at an average price of $40.64, for a total value of $81,280.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Tana K. Cashion sold 41,883 shares of the firm’s stock in a transaction that occurred on Tuesday, December 14th. The shares were sold at an average price of $40.13, for a total value of $1,680,764.79. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 44,812 shares of company stock worth $1,801,555. 0.59{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by corporate insiders.

Devon Energy announced that its board has approved a share buyback plan on Tuesday, November 2nd that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the energy company to buy up to 3.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 31st. Investors of record on Monday, March 14th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 7.30{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a positive change from Devon Energy’s previous quarterly dividend of $0.84. The ex-dividend date is Friday, March 11th. Devon Energy’s dividend payout ratio (DPR) is 10.55{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Devon Energy

Devon Energy Corp. engages in the exploration, development, and production of oil and natural gas properties. It develops and operates Delaware Basin, Eagle Ford, Heavy Oil, Baarnett Shale, STACK, and Rockies Oil. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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February 19, 2022

Capital One Financial Analysts Lower Earnings Estimates for EQT Co. (NYSE:EQT)

EQT Co. (NYSE:EQT) – Capital One Financial dropped their Q2 2022 EPS estimates for shares of EQT in a report released on Tuesday, February 15th. Capital One Financial analyst B. Velie now forecasts that the oil and gas producer will post earnings per share of $0.27 for the quarter, down from their previous forecast of $0.76. Capital One Financial also issued estimates for EQT’s Q3 2022 earnings at $0.32 EPS, Q4 2022 earnings at $0.61 EPS, FY2022 earnings at $2.10 EPS and FY2023 earnings at $5.17 EPS. EQT (NYSE:EQT) last posted its quarterly earnings data on Wednesday, February 9th. The oil and gas producer reported $0.41 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.10). During the same quarter last year, the company earned ($0.02) EPS.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. raised shares of EQT from a “neutral” rating to an “overweight” rating and set a $31.00 price objective on the stock in a research report on Friday, October 29th. They noted that the move was a valuation call. Morgan Stanley raised shares of EQT from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $24.00 to $31.00 in a research report on Friday, November 19th. Truist Financial lowered their price target on shares of EQT from $34.00 to $31.00 and set a “buy” rating on the stock in a research note on Friday, January 14th. MKM Partners reiterated a “buy” rating on shares of EQT in a research note on Thursday, February 10th. Finally, StockNews.com upgraded shares of EQT from a “sell” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, EQT has a consensus rating of “Buy” and a consensus price target of $27.60.

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EQT traded down $0.43 during trading on Friday, hitting $22.78. The company had a trading volume of 199,702 shares, compared to its average volume of 9,425,470. The company has a market capitalization of $8.57 billion, a PE ratio of -5.32, a PEG ratio of 0.75 and a beta of 1.11. EQT has a one year low of $15.71 and a one year high of $24.83. The firm’s 50-day moving average price is $21.95 and its 200 day moving average price is $20.50. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.45.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 1st. Shareholders of record on Monday, February 14th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.19{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. This is a positive change from EQT’s previous quarterly dividend of $0.03. The ex-dividend date is Friday, February 11th. EQT’s dividend payout ratio (DPR) is -11.47{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

EQT announced that its board has authorized a share buyback program on Monday, December 13th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the oil and gas producer to repurchase up to 13.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EQT. Nisa Investment Advisors LLC lifted its position in EQT by 0.6{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the fourth quarter. Nisa Investment Advisors LLC now owns 105,781 shares of the oil and gas producer’s stock valued at $2,248,000 after purchasing an additional 595 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in EQT by 0.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the fourth quarter. Louisiana State Employees Retirement System now owns 77,700 shares of the oil and gas producer’s stock valued at $1,695,000 after purchasing an additional 600 shares during the last quarter. Centre Asset Management LLC lifted its holdings in shares of EQT by 0.5{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Centre Asset Management LLC now owns 164,890 shares of the oil and gas producer’s stock worth $3,351,000 after acquiring an additional 760 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of EQT by 117.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,511 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 815 shares during the last quarter. Finally, State of Michigan Retirement System increased its stake in shares of EQT by 1.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the fourth quarter. State of Michigan Retirement System now owns 76,661 shares of the oil and gas producer’s stock worth $1,672,000 after buying an additional 900 shares during the period. 89.38{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors.

EQT Company Profile

EQT Corp. engages in natural gas production, gathering and transmission in the Appalachian area. It has operations in Marcellus and Utica Shales of the Appalachian Basin. The company was founded in 1888 and is headquartered in Pittsburgh, PA.

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February 13, 2022

Truist Financial Analysts Boost Earnings Estimates for Belden Inc. (NYSE:BDC)

Belden Inc. (NYSE:BDC) – Equities analysis analysts at Truist Economical upped their Q3 2022 earnings for each share (EPS) estimates for Belden in a observe issued to buyers on Thursday, February 10th. Truist Money analyst W. Stein now anticipates that the industrial products and solutions business will gain $1.36 per share for the quarter, up from their preceding estimate of $1.34. Truist Fiscal also issued estimates for Belden’s Q4 2022 earnings at $1.47 EPS, Q1 2023 earnings at $1.30 EPS, Q2 2023 earnings at $1.40 EPS, Q3 2023 earnings at $1.46 EPS and Q4 2023 earnings at $1.57 EPS. Belden (NYSE:BDC) last posted its earnings outcomes on Wednesday, February 9th. The industrial products firm noted $1.32 earnings for every share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $.05. Belden had a web margin of 5.32{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a return on fairness of 23.06{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. During the exact period of time past calendar year, the organization attained $.90 EPS.

A amount of other investigate analysts also not too long ago weighed in on BDC. lifted their target price on shares of Belden from $68.00 to $82.00 and gave the business a “get” rating in a investigation report on Thursday, November 4th. Zacks Financial commitment Investigation downgraded shares of Belden from a “invest in” ranking to a “hold” ranking in a analysis report on Wednesday, January 5th. Just one study analyst has rated the stock with a sell rating, one has assigned a keep rating and two have issued a buy score to the company’s inventory. According to knowledge from MarketBeat, the inventory presently has a consensus score of “Maintain” and a consensus focus on rate of $65.00.

Shares of NYSE:BDC opened at $56.15 on Friday. The organization has a industry cap of $2.52 billion, a cost-to-earnings ratio of 21.03 and a beta of 1.39. Belden has a 12 month lower of $40.66 and a 12 month large of $68.87. The company’s fifty working day straightforward transferring normal is $60.78 and its 200 day very simple going normal is $59.56. The organization has a speedy ratio of 1.54, a existing ratio of 2.04 and a debt-to-equity ratio of 1.58.

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Hedge funds have a short while ago designed alterations to their positions in the stock. C M Bidwell & Associates Ltd. acquired a new situation in shares of Belden in the 2nd quarter valued at about $44,000. Fifth Third Bancorp obtained a new position in Belden all through the 3rd quarter well worth somewhere around $49,000. Pinebridge Investments L.P. bought a new stake in Belden all through the 4th quarter well worth approximately $59,000. Industrial Alliance Investment decision Management Inc. purchased a new stake in Belden through the 4th quarter value around $102,000. Last but not least, United states of america Economical Portformulas Corp acquired a new stake in Belden during the 4th quarter really worth about $124,000. 98.82{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the inventory is owned by institutional buyers and hedge money.

The company also a short while ago disclosed a quarterly dividend, which was compensated on Thursday, January 6th. Stockholders of record on Friday, December 17th have been supplied a $.05 dividend. This represents a $.20 dividend on an annualized foundation and a dividend generate of .36{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date was Thursday, December 16th. Belden’s dividend payout ratio (DPR) is presently 7.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

About Belden

Belden, Inc engages in the provision of innovative sign transmission remedies. It operates by way of the Organization Methods and Industrial Answers segments. The Company Answers segment features community infrastructure alternatives, as properly as cabling and connectivity alternatives for broadcast, commercial audio/movie, and safety programs.

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This instant information alert was produced by narrative science technology and financial information from MarketBeat in purchase to supply audience with the speediest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce prior to publication. You should deliver any inquiries or remarks about this story to [email protected]

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February 12, 2022

Truist Financial Analysts Reduce Earnings Estimates for Sunstone Hotel Investors, Inc. (NYSE:SHO)

Sunstone Hotel Investors, Inc. (NYSE:SHO) – Stock analysts at Truist Financial decreased their Q1 2022 earnings per share estimates for shares of Sunstone Hotel Investors in a research note issued to investors on Thursday, February 10th. Truist Financial analyst P. Scholes now expects that the real estate investment trust will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.13. Truist Financial currently has a “Hold” rating and a $12.00 target price on the stock. Truist Financial also issued estimates for Sunstone Hotel Investors’ Q1 2023 earnings at $0.15 EPS.

SHO has been the subject of a number of other research reports. Bank of America cut Sunstone Hotel Investors from a “buy” rating to an “underperform” rating and reduced their price target for the stock from $14.00 to $12.00 in a report on Monday, January 10th. Wells Fargo & Company raised their price objective on shares of Sunstone Hotel Investors from $11.50 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, October 18th. Zacks Investment Research upgraded shares of Sunstone Hotel Investors from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Friday, October 22nd. TheStreet upgraded shares of Sunstone Hotel Investors from a “d+” rating to a “c” rating in a research report on Tuesday, November 9th. Finally, Morgan Stanley upgraded shares of Sunstone Hotel Investors from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $13.00 to $14.00 in a research report on Tuesday, January 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $13.00.

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SHO stock opened at $11.71 on Friday. The business’s fifty day moving average is $11.44 and its 200-day moving average is $11.74. The company has a market cap of $2.57 billion, a P/E ratio of -15.82 and a beta of 1.29. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.37. Sunstone Hotel Investors has a twelve month low of $10.27 and a twelve month high of $13.91.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Thrivent Financial for Lutherans grew its stake in shares of Sunstone Hotel Investors by 4.1{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the second quarter. Thrivent Financial for Lutherans now owns 3,261,160 shares of the real estate investment trust’s stock worth $40,503,000 after purchasing an additional 128,358 shares during the last quarter. Allianz Asset Management GmbH grew its stake in shares of Sunstone Hotel Investors by 56.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Allianz Asset Management GmbH now owns 634,476 shares of the real estate investment trust’s stock worth $7,576,000 after purchasing an additional 229,844 shares during the last quarter. Ziegler Capital Management LLC grew its stake in shares of Sunstone Hotel Investors by 184.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. Ziegler Capital Management LLC now owns 1,175,245 shares of the real estate investment trust’s stock worth $14,032,000 after purchasing an additional 762,682 shares during the last quarter. William Blair Investment Management LLC grew its stake in shares of Sunstone Hotel Investors by 125.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. William Blair Investment Management LLC now owns 2,784,278 shares of the real estate investment trust’s stock worth $33,244,000 after purchasing an additional 1,548,813 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its stake in shares of Sunstone Hotel Investors by 14.4{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the third quarter. State of New Jersey Common Pension Fund D now owns 389,520 shares of the real estate investment trust’s stock worth $4,650,000 after purchasing an additional 49,037 shares during the last quarter. 96.41{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by hedge funds and other institutional investors.

In other news, CEO Douglas M. Pasquale acquired 9,000 shares of the stock in a transaction on Wednesday, December 15th. The stock was acquired at an average cost of $10.63 per share, for a total transaction of $95,670.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by insiders.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc is a real estate investment trust, which engages in the acquisition, ownership, asset management, and renovation of hotels and resorts. It operates under the following brands: Marriott, Hilton, and Hyatt. The company was founded by Robert A. Alter in 1995 and is headquartered in Irvine, CA.

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Should you invest $1,000 in Sunstone Hotel Investors right now?

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While Sunstone Hotel Investors currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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February 11, 2022

Truist Financial Analysts Cut Earnings Estimates for Hilton Worldwide Holdings Inc. (NYSE:HLT)

Hilton Worldwide Holdings Inc. (NYSE:HLT) – Analysts at Truist Financial lowered their FY2021 earnings per share (EPS) estimates for shares of Hilton Worldwide in a research report issued to clients and investors on Thursday, February 10th. Truist Financial analyst P. Scholes now expects that the company will post earnings per share of $2.05 for the year, down from their previous forecast of $2.30. Truist Financial currently has a “Hold” rating and a $139.00 price target on the stock. Truist Financial also issued estimates for Hilton Worldwide’s Q4 2022 earnings at $1.28 EPS.

Other research analysts have also recently issued reports about the stock. Loop Capital upped their price objective on shares of Hilton Worldwide from $140.00 to $142.00 and gave the stock a “hold” rating in a research report on Thursday, December 2nd. Raymond James restated an “outperform” rating and issued a $160.00 price objective (up from $148.00) on shares of Hilton Worldwide in a research report on Monday, January 3rd. Bernstein Bank cut shares of Hilton Worldwide from an “outperform” rating to a “market perform” rating and set a $161.00 price target on the stock. in a research report on Monday, January 10th. Jefferies Financial Group increased their price target on shares of Hilton Worldwide from $159.00 to $169.00 and gave the company a “buy” rating in a research report on Thursday, October 28th. Finally, BMO Capital Markets increased their price target on shares of Hilton Worldwide from $135.00 to $144.00 and gave the company a “market perform” rating in a research report on Thursday, October 28th. They noted that the move was a valuation call. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $145.13.

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NYSE HLT opened at $154.20 on Friday. The firm’s 50-day simple moving average is $147.42 and its two-hundred day simple moving average is $139.11. The company has a market cap of $42.98 billion, a PE ratio of 1,186.15 and a beta of 1.27. Hilton Worldwide has a 52 week low of $108.50 and a 52 week high of $159.21.

In related news, insider Matthew W. Schuyler sold 3,000 shares of the firm’s stock in a transaction on Wednesday, December 15th. The stock was sold at an average price of $139.33, for a total value of $417,990.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 9,000 shares of company stock valued at $1,283,850 in the last ninety days. 2.40{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of HLT. Covestor Ltd bought a new position in shares of Hilton Worldwide during the fourth quarter valued at $25,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Hilton Worldwide in the 2nd quarter worth about $34,000. Concord Wealth Partners increased its holdings in Hilton Worldwide by 93.0{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 4th quarter. Concord Wealth Partners now owns 222 shares of the company’s stock worth $35,000 after buying an additional 107 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Hilton Worldwide by 154.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} in the 3rd quarter. Parkside Financial Bank & Trust now owns 272 shares of the company’s stock worth $36,000 after buying an additional 165 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in Hilton Worldwide in the 4th quarter worth about $36,000. Institutional investors and hedge funds own 96.04{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the company’s stock.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings, Inc engages in the provision of hospitality businesses. It operates through the following segments: Ownership and Management & Franchise. The Ownership segment includes owned, leased, and joint venture hotels. The Management & Franchise segment manages hotels and timeshare properties, and license its brands to franchisees.

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Should you invest $1,000 in Hilton Worldwide right now?

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While Hilton Worldwide currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

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February 9, 2022

Truist Financial Analysts Raise Earnings Estimates for Amazon.com, Inc. (NASDAQ:AMZN)

Amazon.com, Inc. (NASDAQ:AMZN) – Investment analysts at Truist Financial boosted their FY2022 EPS estimates for Amazon.com in a report issued on Thursday, February 3rd. Truist Financial analyst Y. Squali now expects that the e-commerce giant will earn $50.16 per share for the year, up from their prior forecast of $48.42. Truist Financial has a “Buy” rating and a $4,000.00 price objective on the stock. Truist Financial also issued estimates for Amazon.com’s FY2024 earnings at $135.33 EPS, FY2025 earnings at $190.66 EPS and FY2026 earnings at $250.93 EPS.

A number of other research analysts have also issued reports on the company. Guggenheim assumed coverage on Amazon.com in a report on Tuesday, November 23rd. They issued a “buy” rating and a $4,300.00 target price for the company. Credit Suisse Group lifted their target price on Amazon.com from $4,000.00 to $4,100.00 and gave the company an “outperform” rating in a report on Friday, February 4th. UBS Group lifted their target price on Amazon.com from $4,550.00 to $4,625.00 and gave the company a “buy” rating in a report on Friday, February 4th. Evercore ISI assumed coverage on Amazon.com in a report on Tuesday, December 21st. They issued an “outperform” rating for the company. Finally, Morgan Stanley lifted their target price on Amazon.com from $4,000.00 to $4,200.00 and gave the company an “overweight” rating in a report on Tuesday, January 11th. One research analyst has rated the stock with a hold rating and thirty-eight have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $4,191.56.

AMZN opened at $3,228.27 on Monday. Amazon.com has a 52 week low of $2,707.04 and a 52 week high of $3,773.08. The business has a fifty day simple moving average of $3,247.78 and a 200-day simple moving average of $3,352.64. The firm has a market cap of $1.64 trillion, a P/E ratio of 49.83, a P/E/G ratio of 2.60 and a beta of 1.13. The company has a quick ratio of 0.87, a current ratio of 1.12 and a debt-to-equity ratio of 0.42. Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 3rd. The e-commerce giant reported $27.75 EPS for the quarter, topping the consensus estimate of $3.57 by $24.18. Amazon.com had a return on equity of 29.55{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} and a net margin of 7.10{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. During the same quarter last year, the company earned $14.09 earnings per share.

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In other Amazon.com news, SVP David Zapolsky sold 139 shares of Amazon.com stock in a transaction that occurred on Wednesday, November 17th. The stock was sold at an average price of $3,564.72, for a total value of $495,496.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Adam Selipsky sold 34 shares of Amazon.com stock in a transaction that occurred on Thursday, December 2nd. The shares were sold at an average price of $3,460.00, for a total value of $117,640.00. The disclosure for this sale can be found here. Insiders sold a total of 3,580 shares of company stock worth $12,761,069 in the last ninety days. 14.00{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. South Dakota Investment Council boosted its stake in shares of Amazon.com by 33.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 4th quarter. South Dakota Investment Council now owns 36,953 shares of the e-commerce giant’s stock worth $123,214,000 after acquiring an additional 9,346 shares in the last quarter. West Bancorporation Inc. purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $707,000. Advisory Resource Group boosted its stake in shares of Amazon.com by 10.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} during the 4th quarter. Advisory Resource Group now owns 314 shares of the e-commerce giant’s stock worth $939,000 after acquiring an additional 29 shares in the last quarter. Primoris Wealth Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $2,178,000. Finally, Lauterbach Financial Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter worth approximately $403,000. 56.96{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the stock is currently owned by institutional investors.

About Amazon.com

Amazon.com, Inc engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca.

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