JPMorgan Chase increased its holdings in Clear Channel Outdoor Holdings by 9% in the 4th quarter, now owning 7,371,308 shares worth $10,099,000. Other hedge funds also bought and sold shares, with Inspire Investing LLC increasing its stake by 13.6% and SG Americas Securities LLC boosting its holdings by 31.2%. Major shareholder Arturo R. Moreno bought 2,500,000 shares, increasing his ownership by 4.55%. Insiders have acquired 5,612,722 shares worth $5,388,849 over the last three months. Clear Channel Outdoor stock opened at $0.98 on Tuesday, with a market capitalization of $480.01 million.
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April 15, 2025 • By MarketBeat News
JPMorgan Chase & Co. increased its holdings in ICL Group Ltd (NYSE:ICL) by 24.5% in the 4th quarter, now owning 1,900,381 shares valued at $9,388,000. Other hedge funds, including Lindbrook Capital LLC, MassMutual Private Wealth & Trust FSB, Savant Capital LLC, Wealthstream Advisors Inc., and M&T Bank Corp, also made changes to their positions in the company. ICL Group Ltd has a market capitalization of $8.32 billion and reported $0.08 earnings per share for the quarter, meeting analysts' consensus estimates. The company also announced a quarterly dividend of $0.0403, representing a $0.16 annualized dividend and a dividend yield of 2.55%. Several brokerages have weighed in on ICL, with StockNews.com downgrading the company from a "strong-buy" to a "buy" rating, and Barclays and BMO Capital Markets increasing their target prices.
April 15, 2025 • By MarketBeat News
JPMorgan Chase & Co. reduced its holdings in Construction Partners, Inc. (NASDAQ:ROAD) by 8.9% in the fourth quarter, selling 10,530 shares and leaving it with 107,641 shares worth $9,522,000. Other institutional investors, such as Byrne Asset Management LLC and Allworth Financial LP, increased their stakes in the company, while USA Financial Formulas and Mather Group LLC purchased new stakes. Construction Partners, Inc. has a market capitalization of $4.45 billion and provides civil infrastructure services, including road construction and maintenance, in several states. Several research analysts have issued reports on the company, with price targets ranging from $95.00 to $104.00 and ratings from "neutral" to "strong-buy".
April 15, 2025 • By MarketBeat News
JPMorgan Chase & Co. reduced its stake in Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX) by 6.3% in the 4th quarter, selling 82,122 shares and leaving it with 1,214,972 shares valued at $9,623,000. Other institutional investors, including Mirae Asset Global Investments and Cibc World Markets Corp, also bought or sold shares of the company. Meanwhile, insiders such as Director Gautam Patel and major shareholder Tushar Bhikhubhai Patel sold significant amounts of stock, with insiders owning 26.56% of the company's stock. Amneal Pharmaceuticals reported $0.12 earnings per share for the quarter, missing analysts' estimates, and has a market cap of $2.23 billion.
April 15, 2025 • By MarketBeat News
JPMorgan Chase decreased its holdings in PagSeguro Digital Ltd. by 23.9% during the 4th quarter, selling 473,463 shares. The company now owns 1,511,611 shares, valued at $9,463,000. Other institutional investors, such as Anthracite Investment Company and EntryPoint Capital LLC, have also bought or sold shares of PagSeguro Digital. The company has a consensus rating of "Hold" and a consensus price target of $11.63. PagSeguro Digital reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.29. Analysts predict the company will post 1.17 EPS for the current year.
April 15, 2025 • By MarketBeat News
JPMorgan Chase increased its holdings in Uniti Group Inc. by 42% during the 4th quarter, now owning 1,787,257 shares worth $9,830,000. Other institutional investors, such as Signaturefd LLC and Virtu Financial LLC, also increased their stakes in the company. Uniti Group's stock opened at $4.50, with a 52-week low of $2.57 and a 52-week high of $6.31. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate. Research analysts predict that Uniti Group will post 1.28 earnings per share for the current fiscal year.
April 15, 2025 • By MarketBeat News
JPMorgan Chase & Co. increased its holdings in HNI Co. by 39.1% during the 4th quarter, now owning 190,425 shares worth $9,592,000. Other hedge funds and institutional investors also made changes to their positions in the company. HNI reported $0.87 EPS for the quarter, beating analysts' estimates, and announced a quarterly dividend of $0.33 per share. The company operates through two segments: Workplace Furnishings and Residential Building Products, manufacturing and selling furniture and building products in the US and Canada. 75.26% of the stock is owned by institutional investors and hedge funds, while 3.37% is owned by insiders. Analysts expect HNI to post 3.6 EPS for the current year.
April 15, 2025 • By Steve Bell
The article discusses the importance of sustainability in the tech industry, particularly in the context of enterprise social governance (ESG). While commitment to social causes may waver when profits are hit, sustainability is one element that is here to stay. The article highlights the benefits of adopting circular economy practices, such as refurbishing and reselling used equipment, to reduce waste and carbon emissions. Channel companies can take significant steps towards sustainability by adopting circular economy practices, which can lead to business-boosting benefits. For instance, refurbishing and reselling used equipment can prevent unnecessary waste, reduce demand for new production, and cut down on resource consumption. Many businesses already use refurbished IT equipment, and the demand is growing. Vendors such as HP, Lenovo, and Dell have developed programs to help channel partners adopt sustainability practices. These programs make it easier for partners to engage in the circular economy and reduce their carbon footprint. For example, HP's Amplify Impact program and Lenovo's 360 Circle program provide resources and support for channel partners to adopt sustainable practices. The article also notes that sustainability is not just confined to hardware, but also extends to software engineering practices. Companies like Mphasis and Ditto Umbraco are leveraging digital transformation tools to optimize resource efficiency and reduce waste. By adopting circular economy practices, channel companies can not only reduce their environmental impact but also improve their bottom line. As governments tighten environmental laws and regulations, companies that prioritize sustainability are likely to win more business. In fact, HP's Nancy Powell notes that sustainability can be a contract winner, particularly in the public sector. Overall, the article emphasizes the importance of sustainability in the tech industry and encourages channel companies to take steps towards adopting circular economy practices. By doing so, they can reduce their environmental impact, improve their reputation, and drive business growth.
April 15, 2025 • By Global Desk
The provided text appears to be a collection of news headlines and links from The Economic Times, rather than a single news article. Some of the topics mentioned include: * Business news and updates * The success of cricket vs. football in India * AI implementation for CEOs * Indian airlines' performance * The Indian internet economy * Global news, including US-China tariffs and EU alliances * Market updates and stock recommendations There is no single news article to summarize, but rather a list of various news stories and topics.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its stake in Littelfuse, Inc. (NASDAQ:LFUS) by 15.7% in the fourth quarter, owning 9,066 shares worth $2,120,000. Other institutional investors, including Quent Capital LLC, Geneos Wealth Management Inc., and Smartleaf Asset Management LLC, also modified their holdings in the company. Littelfuse has a market cap of $3.94 billion and a dividend yield of 1.76%. The company has been rated by several analysts, with a consensus rating of "Moderate Buy" and a target price of $285.00.
April 15, 2025 • By MarketBeat News
LPL Financial LLC reduced its holdings in DaVita Inc. (NYSE:DVA) by 26.1% in the fourth quarter, selling 4,836 shares and owning 13,721 shares worth $2,052,000. Other institutional investors, such as Franklin Resources Inc., Assenagon Asset Management S.A., and Hussman Strategic Advisors Inc., increased their holdings in DaVita during the same period. The company has a market cap of $12.07 billion and a P/E ratio of 14.05. Analysts have given DaVita an average rating of "Hold" and an average price target of $166.33.
April 15, 2025 • By MarketBeat News
Vanguard Group Inc. increased its stake in Keros Therapeutics by 5.4% in the fourth quarter, owning 1,957,109 shares valued at $30,981,000. Other institutional investors, including Y Intercept Hong Kong Ltd, Geode Capital Management LLC, and Barclays PLC, also increased their holdings in the company. Currently, 71.56% of Keros Therapeutics' stock is owned by institutional investors and hedge funds. The company has a "Moderate Buy" rating and a consensus price target of $40.33. Keros Therapeutics reported a quarterly loss of $1.14 per share, topping analysts' estimates, and had revenue of $3.04 million. The company is developing novel therapeutics for patients with disorders related to dysfunctional signaling of the transforming growth factor-beta family of proteins.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its holdings in Dimensional US Sustainability Core 1 ETF (DFSU) by 27.3% in the 4th quarter, now owning 54,273 shares worth $2,057,000. Other institutional investors, including von Borstel & Associates Inc., Carlson Capital Management, and Wealth Architects LLC, also increased their positions in DFSU. The ETF invests in US equities with high profitability and positive sustainability characteristics, and has a market capitalization of $1.24 billion.
April 15, 2025 • By MarketBeat News
Vanguard Group Inc. reduced its stake in MetroCity Bankshares, Inc. (NASDAQ:MCBS) by 3.0% in the 4th quarter, selling 29,790 shares and owning 976,156 shares worth $31,188,000. Other large investors, including State Street Corp, Barclays PLC, Franklin Resources Inc., Geode Capital Management LLC, and JPMorgan Chase & Co., also modified their holdings in the company. Institutional investors and hedge funds own 25.33% of the company's stock. MetroCity Bankshares, Inc. operates as a bank holding company, providing banking products and services in the US, and recently declared a quarterly dividend of $0.23 per share.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its stake in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) by 6.3% in the 4th quarter, owning 47,218 shares worth $2,094,000. Other institutional investors, including Raymond James Financial Inc., Global Retirement Partners LLC, Trueblood Wealth Management LLC, and JPMorgan Chase & Co., also bought new positions in the ETF during the quarter. The ETF's stock opened at $37.78 on Tuesday, with a market cap of $46.09 million and a P/E ratio of 12.76.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its stake in Gentherm Incorporated (NASDAQ:THRM) by 10.6% in the fourth quarter, owning 52,112 shares worth $2,088,000. Other institutional investors, including Global Alpha Capital Management Ltd. and Charles Schwab Investment Management Inc., also increased their holdings in the company. Institutional investors and hedge funds own 97.13% of Gentherm's stock. The company has a market capitalization of $729.39 million and a P/E ratio of 11.44. Several research firms have recently issued reports on Gentherm, with target price adjustments and rating changes. Gentherm designs and manufactures thermal management and pneumatic comfort technologies for the automotive and medical industries.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its stake in Axsome Therapeutics, Inc. (NASDAQ:AXSM) by 47.9% in the fourth quarter, purchasing 7,837 additional shares. The fund now owns 24,209 shares, valued at $2,048,000. Other hedge funds, including Assetmark Inc., R Squared Ltd, KBC Group NV, and Xponance Inc., also bought or increased their stakes in Axsome Therapeutics. The company's stock opened at $103.53 on Tuesday, with a market cap of $5.05 billion and a 12-month high of $139.13. Axsome Therapeutics reported a negative net margin of 74.47% and a negative return on equity of 223.51% in its latest earnings results.
April 15, 2025 • By MarketBeat News
Vanguard Group Inc. increased its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 20.4% in the 4th quarter, owning 525,367 shares worth $30,471,000. Other institutional investors, including LPL Financial LLC, Meridian Wealth Partners LLC, and TD Private Client Wealth LLC, also bought or increased their stakes in VGIT during the same period. The ETF seeks to track the performance of a market-weighted government bond index with an intermediate-term maturity. VGIT stock opened at $59.04 on Tuesday, with a 52-week low of $57.03 and a 52-week high of $60.82.
April 15, 2025 • By MarketBeat News
LPL Financial LLC increased its stake in Magnite, Inc. (NASDAQ:MGNI) by 50% in the fourth quarter, owning 129,603 shares worth $2,063,000. Other institutional investors, such as SBI Securities Co. Ltd., Larson Financial Group LLC, and KBC Group NV, also added to their stakes in the company. Magnite's stock has a 12-month low of $8.22 and a high of $21.29, with a market cap of $1.38 billion. Insiders have sold 244,905 shares worth $4,718,855 in the last three months. Analysts have given the stock a "Moderate Buy" rating, with an average target price of $19.27. Magnite operates an independent omni-channel sell-side advertising platform, offering applications and services for sellers and buyers of digital advertising inventory.