Dividend Increases Week 17 (Part 2)

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 25 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period. This is the second part of the week’s notifications.

 

The table below summarises the dividend change announcements.  The table shows the current dividend, the new dividend and the percentage increase (%). Dividends are shown on an annual basis and in US dollars unless otherwise stated. Yield is the new dividend yield of the most recent price, and Years is the years of consecutive dividend increases.

 

Notable Analyst Upgrades and Downgrades for Week of August 2, 2021

 

Upgrades:

 

AllianceBernstein (NYSE:AB) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Monday, The Fly reports. The brokerage presently has a $54.50 target price on the asset manager’s stock, up from their prior target price of $44.00. Citigroup’s price objective points to a potential upside of 12.91% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Sanford C. Bernstein downgraded shares of AllianceBernstein from a “buy” rating to a “neutral” rating in a research report on Friday, April 9th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $42.00 target price on shares of AllianceBernstein in a report on Tuesday, April 13th. Zacks Investment Research cut shares of AllianceBernstein from a “buy” rating to a “hold” rating in a report on Tuesday, July 27th. Finally, Bank of America restated a “neutral” rating and set a $42.00 target price on shares of AllianceBernstein in a report on Thursday, April 15th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. AllianceBernstein currently has an average rating of “Hold” and a consensus price target of $44.36. Read more …

 

Welltower (NYSE:WELL) was upgraded by equities research analysts at Berenberg Bank from a "hold" rating to a "buy" rating in a note issued to investors on Tuesday, The Fly reports. The brokerage currently has a $100.00 price objective on the real estate investment trust's stock. Berenberg Bank's target price indicates a potential upside of 15.92% from the stock's previous close.

Other equities analysts also recently issued research reports about the company. Wells Fargo & Company boosted their price target on Welltower from $78.00 to $89.00 and gave the stock an "equal weight" rating in a research report on Friday, July 23rd. Mizuho began coverage on Welltower in a research report on Wednesday, July 14th. They set a "neutral" rating and a $68.00 price target on the stock. Morgan Stanley boosted their price target on Welltower from $79.00 to $86.00 and gave the stock an "overweight" rating in a research report on Monday, July 26th. Capital One Financial raised Welltower from an "equal weight" rating to an "overweight" rating in a research report on Friday, May 21st. Finally, Wolfe Research began coverage on Welltower in a research report on Monday, June 14th. They set an "outperform" rating and a $94.00 price target on the stock. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of "Buy" and a consensus price target of $79.67. Read more …

 

Simon Property Group (NYSE:SPG) was upgraded by equities researchers at Bank of America from a "neutral" rating to a "buy" rating in a note issued to investors on Wednesday, The Fly reports.

Several other brokerages have also recently weighed in on SPG. Truist Securities boosted their price objective on Simon Property Group from $102.00 to $130.00 and gave the stock a "hold" rating in a report on Wednesday, June 23rd. UBS Group assumed coverage on Simon Property Group in a report on Thursday, June 3rd. They set a "neutral" rating and a $135.00 price objective for the company. BMO Capital Markets reissued a "hold" rating on shares of Simon Property Group in a report on Thursday, May 20th. Truist upped their price target on Simon Property Group from $102.00 to $130.00 and gave the company a "hold" rating in a research note on Wednesday, June 23rd. Finally, Stifel Nicolaus raised Simon Property Group from a "hold" rating to a "buy" rating and upped their price target for the company from $125.00 to $132.00 in a research note on Monday, July 19th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. Simon Property Group has an average rating of "Hold" and an average price target of $128.13. Read more …

 

 

Novo Nordisk A/S (NYSE:NVO) was upgraded by analysts at DNB Markets from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports.

NVO has been the topic of a number of other reports. Barclays reiterated an “overweight” rating on shares of Novo Nordisk A/S in a report on Monday, July 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Novo Nordisk A/S in a report on Tuesday. Finally, Zacks Investment Research upgraded shares of Novo Nordisk A/S from a “sell” rating to a “hold” rating and set a $91.00 price target on the stock in a report on Tuesday, July 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. Novo Nordisk A/S currently has a consensus rating of “Hold” and a consensus price target of $91.00. Read more …

Notable Analyst Upgrades and Downgrades for Week of February 22, 2021

 

Upgrades:

 

The Charles Schwab (NYSE:SCHW) was upgraded by investment analysts at Wolfe Research from an "underperform" rating to a "market perform" rating in a research report issued on Monday, Price Targets.com reports. The firm presently has a $67.00 price objective on the financial services provider's stock. Wolfe Research's price target suggests a potential upside of 6.93% from the company's current price.

SCHW has been the subject of a number of other reports. Wells Fargo & Company increased their price target on shares of The Charles Schwab from $60.00 to $70.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 20th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and increased their price target for the stock from $44.00 to $54.00 in a research report on Tuesday, November 17th. Morgan Stanley increased their price target on shares of The Charles Schwab from $71.00 to $76.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 10th. Bank of America raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and increased their price target for the stock from $52.00 to $68.00 in a research report on Tuesday, January 12th. Finally, Smith Barney Citigroup raised shares of The Charles Schwab from a "neutral" rating to a "buy" rating and increased their price target for the stock from $44.00 to $54.00 in a research report on Tuesday, November 17th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of "Buy" and a consensus price target of $55.77. Read more …

 

The Southern (NYSE:SO) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Briefing.com reports. The firm currently has a $68.00 price objective on the utilities provider’s stock, up from their previous price objective of $61.00. Credit Suisse Group’s target price would indicate a potential upside of 14.65% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Scotiabank raised The Southern from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $66.00 to $75.00 in a research note on Tuesday, December 15th. Mizuho raised their price objective on The Southern from $48.00 to $53.00 in a research note on Wednesday, October 28th. Barclays raised their price objective on The Southern from $61.00 to $73.00 and gave the company an “overweight” rating in a research note on Wednesday, November 18th. BMO Capital Markets started coverage on The Southern in a research note on Tuesday, November 24th. They issued a “market perform” rating and a $67.00 price objective for the company. Finally, Morgan Stanley reduced their price objective on The Southern from $57.00 to $56.00 and set an “underweight” rating for the company in a research note on Wednesday, January 20th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $64.33. Read more …

 

Parker-Hannifin (NYSE:PH) was upgraded by analysts at Vertical Research from a "hold" rating to a "buy" rating in a research note issued on Monday, The Fly reports.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group upped their price target on shares of Parker-Hannifin from $280.00 to $330.00 and gave the company a "buy" rating in a report on Friday, January 15th. BMO Capital Markets increased their target price on shares of Parker-Hannifin from $320.00 to $350.00 and gave the stock an "outperform" rating in a report on Friday, February 5th. Stifel Nicolaus increased their target price on shares of Parker-Hannifin from $320.00 to $343.00 in a report on Friday, February 5th. Morgan Stanley increased their target price on shares of Parker-Hannifin from $308.00 to $317.00 and gave the stock an "overweight" rating in a report on Friday, February 5th. Finally, Argus increased their target price on shares of Parker-Hannifin from $210.00 to $280.00 and gave the stock a "buy" rating in a report on Tuesday, November 10th. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the company. The stock has a consensus rating of "Buy" and a consensus target price of $275.86. Read more …

 

 

Texas Instruments (NASDAQ:TXN) was upgraded by analysts at Raymond James from a "market perform" rating to an "outperform" rating in a report issued on Tuesday, Briefing.com reports. The firm presently has a $220.00 target price on the semiconductor company's stock. Raymond James' target price indicates a potential upside of 27.10% from the stock's previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reissued a "buy" rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, February 5th. Deutsche Bank Aktiengesellschaft upped their target price on Texas Instruments from $150.00 to $170.00 and gave the stock a "hold" rating in a report on Wednesday, January 27th. Mizuho raised their target price on Texas Instruments from $162.00 to $175.00 and gave the company a "neutral" rating in a research note on Wednesday, January 27th. Cascend Securities increased their price objective on Texas Instruments from $175.00 to $190.00 and gave the stock a "buy" rating in a report on Friday, January 22nd. Finally, Morgan Stanley boosted their target price on shares of Texas Instruments from $154.00 to $162.00 and gave the company an "underweight" rating in a report on Wednesday, January 27th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have issued a buy rating to the company's stock. The company has a consensus rating of "Hold" and an average price target of $165.71. Read more …

Week's Most Significant Insider Trades: Week of November 16, 2020

 

Disposals:

 

Eastman Chemical (NYSE:EMN) CEO Mark J. Costa sold 7,938 shares of Eastman Chemical stock in a transaction on Monday, November 9th. The shares were sold at an average price of $90.23, for a total transaction of $716,245.74. Following the sale, the chief executive officer now directly owns 323,717 shares of the company’s stock, valued at approximately $29,208,984.91. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

NYSE:EMN traded up $2.94 on Tuesday, reaching $93.28. The stock had a trading volume of 23,112 shares, compared to its average volume of 1,234,278. Eastman Chemical has a 1-year low of $34.44 and a 1-year high of $93.10. The stock has a fifty day moving average price of $82.68 and a 200-day moving average price of $73.75. The company has a market capitalization of $12.24 billion, a P/E ratio of 26.11, a price-to-earnings-growth ratio of 5.00 and a beta of 1.50. The company has a quick ratio of 1.12, a current ratio of 1.98 and a debt-to-equity ratio of 0.89. Read more …

 

The Charles Schwab Co. (NYSE:SCHW) Chairman Charles R. Schwab sold 60,921 shares of The Charles Schwab stock in a transaction on Monday, November 16th. The shares were sold at an average price of $47.10, for a total value of $2,869,379.10. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of The Charles Schwab stock traded up $0.30 during midday trading on Monday, hitting $46.30. The company’s stock had a trading volume of 577,279 shares, compared to its average volume of 11,941,968. The firm has a market capitalization of $59.28 billion, a P/E ratio of 21.30 and a beta of 1.13. The stock has a 50-day simple moving average of $39.23 and a 200-day simple moving average of $36.23. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.33. The Charles Schwab Co. has a 1-year low of $28.00 and a 1-year high of $51.65.  Read more …

 

Yum! Brands, Inc. (NYSE:YUM) insider Tracy L. Skeans sold 4,800 shares of the business’s stock in a transaction on Wednesday, November 18th. The stock was sold at an average price of $105.00, for a total transaction of $504,000.00. Following the transaction, the insider now owns 3,289 shares in the company, valued at $345,345. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of YUM stock traded up $1.10 on Thursday, reaching $105.27. The company had a trading volume of 1,046,248 shares, compared to its average volume of 2,217,049. The stock has a market capitalization of $31.76 billion, a PE ratio of 31.61, a price-to-earnings-growth ratio of 2.49 and a beta of 0.93. Yum! Brands, Inc. has a one year low of $54.95 and a one year high of $107.62. The business’s 50-day moving average is $97.93 and its 200 day moving average is $92.47. Read more …

 

 

Archer-Daniels-Midland Company (NYSE:ADM) SVP Joseph D. Taets sold 30,000 shares of Archer-Daniels-Midland stock in a transaction on Monday, November 16th. The shares were sold at an average price of $50.15, for a total value of $1,504,500.00. Following the completion of the sale, the senior vice president now directly owns 190,554 shares of the company’s stock, valued at approximately $9,556,283.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NYSE ADM traded down $0.39 during trading hours on Tuesday, hitting $50.02. The company had a trading volume of 26,867 shares, compared to its average volume of 3,123,858. The firm’s 50 day moving average is $48.83 and its 200 day moving average is $43.14. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.64 and a quick ratio of 1.01. Archer-Daniels-Midland Company has a fifty-two week low of $28.92 and a fifty-two week high of $52.05. The company has a market capitalization of $28.05 billion, a price-to-earnings ratio of 17.50 and a beta of 0.87. Read more …

 

Week's Most Significant Insider Trades: Week of August 26, 2019

Acquisitions:

Johnson Controls International PLC (NYSE:JCI) Director Gretchen R. Haggerty acquired 6,220 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were acquired at an average price of $41.40 per share, with a total value of $257,508.00. Following the acquisition, the director now owns 12,860 shares in the company, valued at approximately $532,404. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of JCI opened at $41.99 on Wednesday. Johnson Controls International PLC has a 12 month low of $28.30 and a 12 month high of $43.22. The stock has a fifty day moving average price of $41.74 and a 200-day moving average price of $38.69. The company has a current ratio of 1.41, a quick ratio of 1.19 and a debt-to-equity ratio of 0.32. The firm has a market cap of $32.85 billion, a PE ratio of 14.84, a P/E/G ratio of 2.20 and a beta of 0.94.  Read more …

Kinder Morgan Inc (NYSE:KMI) insider Richard D. Kinder acquired 400,000 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was acquired at an average cost of $19.95 per share, with a total value of $7,980,000.00. Following the completion of the purchase, the insider now directly owns 241,579,496 shares in the company, valued at $4,819,510,945.20. The purchase was disclosed in a filing with the SEC, which is available at this link. Read more …

Kinder Morgan Inc (NYSE:KMI) insider Richard D. Kinder bought 300,000 shares of the company’s stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $19.76 per share, with a total value of $5,928,000.00. Following the completion of the acquisition, the insider now directly owns 241,879,496 shares in the company, valued at approximately $4,779,538,840.96. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Kinder Morgan stock opened at $20.26 on Thursday. Kinder Morgan Inc has a 12-month low of $14.62 and a 12-month high of $21.50. The stock has a market capitalization of $44.30 billion, a P/E ratio of 22.76, a P/E/G ratio of 4.10 and a beta of 0.86. The firm’s 50-day moving average is $20.44 and its two-hundred day moving average is $20.12. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.41 and a quick ratio of 0.33. Read more …

Occidental Petroleum Co. (NYSE:OXY) insider Oscar K. Brown purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was bought at an average cost of $42.62 per share, with a total value of $213,100.00. Following the purchase, the insider now owns 114,519 shares of the company’s stock, valued at $4,880,799.78. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of NYSE OXY opened at $42.35 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 1.00 and a debt-to-equity ratio of 0.50. The company has a market cap of $31.71 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 2.62 and a beta of 0.82. Occidental Petroleum Co. has a 12 month low of $41.83 and a 12 month high of $83.35. The stock has a 50-day moving average price of $48.43 and a two-hundred day moving average price of $56.48. Read more …

Pfizer Inc. (NYSE:PFE) Director Scott Gottlieb acquired 3,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average cost of $34.72 per share, with a total value of $104,160.00. Following the completion of the acquisition, the director now owns 3,000 shares in the company, valued at approximately $104,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Pfizer stock opened at $34.84 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.47 and a quick ratio of 1.21. Pfizer Inc. has a fifty-two week low of $33.97 and a fifty-two week high of $46.47. The firm has a fifty day moving average price of $39.03 and a two-hundred day moving average price of $41.31. The company has a market cap of $194.03 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 2.80 and a beta of 0.63. Read more …

Notable Analyst Upgrades and Downgrades for Week of July 15, 2019

Upgrades:

Bank of America upgraded shares of Deere & Company (NYSE:DE) from a neutral rating to a buy rating in a report published on Monday morning, 24/7 WallStreet reports.

Several other analysts have also issued reports on DE. Macquarie set a $132.00 price target on shares of Deere & Company and gave the stock a hold rating in a research report on Monday, May 20th. Robert W. Baird raised shares of Deere & Company from a neutral rating to an outperform rating and upped their price target for the stock from $129.00 to $175.00 in a research report on Sunday, June 16th. Jefferies Financial Group raised shares of AGCO from a hold rating to a buy rating and upped their price target for the stock from $70.00 to $90.00 in a research report on Monday, June 24th. Wells Fargo & Co reissued a buy rating and issued a $85.00 price objective on shares of Carvana in a research report on Monday, July 1st. Finally, Morgan Stanley reissued a hold rating on shares of PG&E in a research report on Friday, June 21st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $167.78. Read more …

Gilead Sciences (NASDAQ:GILD) was upgraded by equities research analysts at Wells Fargo & Co from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage presently has a $88.00 target price on the biopharmaceutical company’s stock, up from their previous target price of $68.00. Wells Fargo & Co‘s price objective suggests a potential upside of 31.46% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Oppenheimer set a $85.00 target price on shares of Gilead Sciences and gave the company a “buy” rating in a research note on Friday, July 12th. Evercore ISI reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Friday, May 17th. Raymond James set a $60.00 target price on shares of Banner and gave the company a “buy” rating in a research note on Friday, May 3rd. Needham & Company LLC cut shares of Acquity Group from a “buy” rating to a “hold” rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Gilead Sciences in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $80.54. Read more …

Edward Jones upgraded shares of General Mills (NYSE:GIS) from a hold rating to a buy rating in a research note published on Monday morning, The Fly reports.

A number of other brokerages also recently commented on GIS. Bank of America set a $120.00 price objective on Walmart and gave the company a buy rating in a research report on Friday, May 17th. JPMorgan Chase & Co. lowered VESTAS WIND SYS/ADR from a neutral rating to an underweight rating in a report on Thursday, March 21st. Wells Fargo & Co restated a hold rating and issued a $160.00 target price on shares of Willis Towers Watson in a report on Friday, March 22nd. Guggenheim increased their target price on General Mills from $58.00 to $65.00 and gave the company a buy rating in a report on Wednesday, July 10th. Finally, Piper Jaffray Companies increased their target price on General Mills from $50.00 to $56.00 and gave the company a neutral rating in a report on Wednesday, July 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. General Mills has a consensus rating of Hold and an average price target of $52.66. Read more …

ConocoPhillips (NYSE:COP) was upgraded by stock analysts at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Wednesday, The Fly reports.

A number of other equities analysts have also recently issued reports on the stock. Morgan Stanley set a $207.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Friday, July 12th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 1st. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Mizuho began coverage on shares of Avrobio in a research note on Wednesday, June 26th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $77.07. Read more …

Notable Analyst Upgrades and Downgrades for Week of July 8, 2019

Upgrades:

Johnson Controls International (NYSE:JCI) was upgraded by stock analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.

A number of other research analysts also recently issued reports on JCI. Wells Fargo & Co upgraded Johnson Controls International from a “market perform” rating to an “outperform” rating and set a $42.00 price objective for the company in a research note on Monday, March 18th. Zacks Investment Research raised Johnson Controls International from a “strong sell” rating to a “buy” rating and set a $41.00 price objective on the stock in a report on Tuesday, March 19th. TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a report on Thursday, May 9th. Credit Suisse Group initiated coverage on Johnson Controls International in a report on Monday, May 13th. They set a “neutral” rating and a $42.00 price objective on the stock. Finally, Citigroup initiated coverage on Johnson Controls International in a report on Wednesday, June 5th. They set a “buy” rating and a $45.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the stock. Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $39.64. Read more …

Comcast (NASDAQ:CMCSA) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued on Wednesday, The Fly reports. The firm presently has a $54.00 price objective on the cable giant’s stock, up from their previous price objective of $44.00. Goldman Sachs Group’s target price would indicate a potential upside of 23.61% from the company’s current price.

Several other equities research analysts also recently weighed in on CMCSA. BidaskClub downgraded Comcast from a “buy” rating to a “hold” rating in a research report on Friday, June 28th. Macquarie assumed coverage on Comcast in a research report on Wednesday, June 19th. They issued a “buy” rating and a $50.00 target price for the company. Morgan Stanley upped their target price on Comcast from $46.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Pivotal Research reaffirmed a “buy” rating and issued a $54.00 target price on shares of Comcast in a research report on Wednesday, June 26th. Finally, Raymond James downgraded Comcast from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $25.00 to $21.00 in a research report on Friday, June 14th. Seven investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $44.92. Read more …

Freeport-McMoRan (NYSE:FCX) was upgraded by investment analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, Marketbeat.com reports. The firm presently has a $13.50 price objective on the natural resource company’s stock, up from their prior price objective of $12.50. Deutsche Bank’s price objective would suggest a potential upside of 21.62% from the company’s current price.

Several other brokerages have also weighed in on FCX. BMO Capital Markets set a $32.00 price objective on Axalta Coating Systems and gave the company a “hold” rating in a report on Friday, April 26th. Barclays set a $192.00 price objective on Tesla and gave the company a “sell” rating in a report on Tuesday, April 9th. JPMorgan Chase & Co. initiated coverage on Pinduoduo in a report on Tuesday. They issued an “underweight” rating and a $20.48 price objective for the company. Zacks Investment Research lowered Hollysys Automation Technologies from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Finally, ValuEngine lowered Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $14.71. Read more …

Altria Group (NYSE:MO) was upgraded by analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note issued on Thursday, The Fly reports.

Other equities research analysts have also issued reports about the stock. ValuEngine raised shares of USINAS SIDERURG/S from a “sell” rating to a “hold” rating in a report on Wednesday, May 29th. Citigroup set a $221.00 price objective on shares of 3M and gave the company a “buy” rating in a report on Friday, April 26th. TheStreet lowered shares of 22nd Century Group from a “c-” rating to a “d+” rating in a report on Friday, March 29th. Zacks Investment Research lowered shares of Wix.Com from a “hold” rating to a “sell” rating in a report on Monday, April 8th. Finally, Morgan Stanley cut their price objective on shares of Wells Fargo & Co from $55.00 to $51.00 and set an “equal weight” rating for the company in a report on Monday, April 15th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $61.91. Read more …

Week's Most Significant Insider Trades: Week of August 27, 2018

Disposals:

Procter & Gamble Co (NYSE:PG) insider Ioannis Skoufalos sold 6,000 shares of the business’s stock in a transaction on Friday, August 24th. The stock was sold at an average price of $83.17, for a total value of $499,020.00. Following the completion of the sale, the insider now directly owns 14,543 shares in the company, valued at $1,209,541.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. PG stock opened at $83.49 on Thursday. Procter & Gamble Co has a fifty-two week low of $70.73 and a fifty-two week high of $94.67. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.66 and a current ratio of 0.83. The stock has a market capitalization of $210.35 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 2.68 and a beta of 0.58. Read more …

Procter & Gamble Co (NYSE:PG) insider Deborah P. Majoras sold 11,097 shares of the company’s stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $83.53, for a total transaction of $926,932.41. Following the completion of the sale, the insider now owns 46,096 shares of the company’s stock, valued at $3,850,398.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Read more …

  

International Paper Co (NYSE:IP) insider Timothy S. Nicholls sold 17,000 shares of the business’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $52.53, for a total value of $893,010.00. Following the completion of the transaction, the insider now directly owns 108,538 shares of the company’s stock, valued at $5,701,501.14. The transaction was disclosed in a legal filing with the SEC, which is available at this link. International Paper stock opened at $51.73 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.13 and a debt-to-equity ratio of 1.57. The stock has a market cap of $21.34 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 1.05 and a beta of 1.50. International Paper Co has a fifty-two week low of $50.00 and a fifty-two week high of $66.94. Read more …

National-Oilwell Varco, Inc. (NYSE:NOV) Director Eric L. Mattson sold 5,284 shares of the company’s stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $45.06, for a total value of $238,097.04. Following the completion of the sale, the director now owns 66,862 shares of the company’s stock, valued at $3,012,801.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Read more …

Director Eric L. Mattson also sold 11,112 shares of the stock in a transaction on Monday, August 27th. The stock was sold at an average price of $45.34, for a total transaction of $503,818.08. Following the sale, the director now directly owns 66,862 shares of the company’s stock, valued at approximately $3,031,523.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

National-Oilwell Varco stock traded up $0.47 during mid-day trading on Tuesday, reaching $46.41. The company’s stock had a trading volume of 3,809,900 shares, compared to its average volume of 3,079,906. The company has a market cap of $17.13 billion, a P/E ratio of -110.69, a price-to-earnings-growth ratio of 43.90 and a beta of 0.87. National-Oilwell Varco, Inc. has a 12 month low of $29.93 and a 12 month high of $49.08. The company has a current ratio of 3.19, a quick ratio of 1.75 and a debt-to-equity ratio of 0.19. Read more …

Realty Income Corp (NYSE:O) Director A. Larry Chapman sold 9,000 shares of the firm’s stock in a transaction that occurred on Friday, August 24th. The stock was sold at an average price of $58.56, for a total transaction of $527,040.00. Following the completion of the sale, the director now owns 18,757 shares in the company, valued at approximately $1,098,409.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Shares of Realty Income stock opened at $59.07 on Wednesday. The firm has a market cap of $17.00 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 4.16 and a beta of 0.16. Realty Income Corp has a 1-year low of $47.25 and a 1-year high of $60.05. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.28 and a current ratio of 1.28. Read more …

Notable Analyst Upgrades and Downgrades for Week of August 13, 2018

Upgrades:

Edward Jones upgraded shares of BCE (NYSE:BCE) (TSE:BCE) from a hold rating to a buy rating in a research report released on Monday, Marketbeat reports. Several other analysts have also issued reports on the company. ValuEngine lowered BCE from a hold rating to a sell rating in a research note on Friday, June 1st. Zacks Investment Research lowered BCE from a hold rating to a sell rating in a research note on Monday, April 16th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $56.00. Read more …

BAE Systems (LON:BA) was upgraded by research analysts at Morgan Stanley to an “overweight” rating in a research report issued on Monday. The firm presently has a GBX 750 ($9.57) price target on the stock, up from their previous price target of GBX 550 ($7.02). Morgan Stanley’s price target suggests a potential upside of 19.50% from the company’s previous close. Other equities analysts have also recently issued research reports about the company. Berenberg Bank upgraded BAE Systems to a “buy” rating and increased their target price for the stock from GBX 600 ($7.65) to GBX 700 ($8.93) in a report on Tuesday, April 24th. UBS Group reiterated a “buy” rating and set a GBX 720 ($9.18) target price on shares of BAE Systems in a report on Wednesday, August 1st. Jefferies Financial Group reiterated a “hold” rating and set a GBX 615 ($7.85) target price on shares of BAE Systems in a report on Friday, July 13th. Finally, JPMorgan Chase & Co. increased their target price on BAE Systems from GBX 550 ($7.02) to GBX 600 ($7.65) and gave the stock an “underweight” rating in a report on Wednesday, May 23rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. BAE Systems presently has a consensus rating of “Buy” and an average price target of GBX 669.58 ($8.54). Read more …

Eaton (NYSE:ETN) was upgraded by JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Monday, MarketBeat reports. The firm currently has a $92.00 target price on the industrial products company’s stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 14.80% from the stock’s current price. Several other brokerages also recently issued reports on ETN. Royal Bank of Canada reiterated a “hold” rating and set a $80.00 price target on shares of Eaton in a report on Tuesday, July 31st. Wells Fargo & Co set a $92.00 price target on Eaton and gave the stock a “buy” rating in a report on Wednesday, August 1st. Barclays upped their price target on Eaton from $71.00 to $77.00 and gave the stock an “underweight” rating in a report on Wednesday, August 1st. Zacks Investment Research downgraded Eaton from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th. Finally, ValuEngine upgraded Eaton from a “sell” rating to a “hold” rating in a report on Thursday, July 19th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $87.22. Read more …

Deutsche Bank upgraded shares of Norfolk Southern (NYSE:NSC) from a hold rating to a buy rating in a report published on Tuesday, The Fly reports. They currently have $205.00 target price on the railroad operator’s stock. A number of other equities analysts have also weighed in on the stock. Loop Capital boosted their price target on shares of Norfolk Southern to $140.00 and gave the stock a sell rating in a research report on Thursday, April 26th. TD Securities boosted their price target on shares of Norfolk Southern from $155.00 to $160.00 and gave the stock a hold rating in a research report on Thursday, April 26th. Stifel Nicolaus restated a hold rating and set a $158.00 price target on shares of Norfolk Southern in a research report on Saturday, June 2nd. Morgan Stanley boosted their price target on shares of Norfolk Southern from $100.00 to $103.00 and gave the stock an underweight rating in a research report on Thursday, April 26th. Finally, Credit Suisse Group lifted their target price on shares of Norfolk Southern from $155.00 to $165.00 and gave the stock an outperform rating in a research note on Thursday, April 26th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the stock. Norfolk Southern has a consensus rating of Hold and an average price target of $162.11. Read more …

Notable Analyst Upgrades and Downgrades for Week of July 16, 2018

Upgrades:

United Parcel Service (NYSE:UPS) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a report released on Monday, The Fly reports. UPS has been the subject of a number of other reports. ValuEngine cut United Parcel Service from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. Stephens reiterated a “hold” rating and issued a $126.00 target price on shares of United Parcel Service in a research note on Monday, April 9th. Bank of America upgraded United Parcel Service from a “neutral” rating to a “buy” rating in a research note on Monday, May 14th. Robert W. Baird reiterated a “hold” rating and issued a $120.00 target price on shares of United Parcel Service in a research note on Tuesday, April 10th. Finally, Loop Capital upped their target price on United Parcel Service to $139.00 and gave the company a “buy” rating in a research note on Wednesday, May 30th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $124.33. Read more …

VF (NYSE:VFC) was upgraded by research analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Monday, The Fly reports. Other research analysts also recently issued reports about the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $71.00 target price on shares of VF in a research note on Monday, May 7th. Canaccord Genuity set a $91.00 target price on VF and gave the stock a “buy” rating in a research note on Tuesday, May 8th. Pivotal Research reaffirmed a “hold” rating and set a $82.00 target price on shares of VF in a research note on Monday, May 7th. UBS Group assumed coverage on VF in a research note on Thursday, June 21st. They set a “neutral” rating and a $89.00 target price for the company. Finally, Argus assumed coverage on VF in a research note on Monday, May 21st. They set a “buy” rating and a $101.00 target price for the company. Ten analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $83.78. Read more …

Brown-Forman Co. Class B (NYSE:BF.B) was upgraded by equities researchers at Cowen from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday, The Fly reports. A number of other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Brown-Forman Co. Class B from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a research report on Tuesday, May 8th. ValuEngine raised shares of Brown-Forman Co. Class B from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Morgan Stanley raised shares of Brown-Forman Co. Class B from an “underweight” rating to an “equal weight” rating in a research report on Thursday, June 28th. Finally, Societe Generale cut shares of Brown-Forman Co. Class B from a “hold” rating to a “sell” rating in a research report on Tuesday, June 12th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $49.82. Read more …

Colgate-Palmolive (NYSE:CL) was upgraded by equities researchers at UBS Group from a “neutral” rating to a “buy” rating in a research note issued on Wednesday, www.benzinga.com reports. The brokerage currently has a $75.00 price target on the stock, up from their previous price target of $70.00. UBS Group’s price objective would suggest a potential upside of 15.72% from the company’s previous close. A number of other equities analysts have also recently commented on the company. Wells Fargo & Co cut Colgate-Palmolive to a “hold” rating in a research note on Tuesday. Zacks Investment Research cut Colgate-Palmolive from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd. Morgan Stanley decreased their price target on Colgate-Palmolive from $69.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Thursday, June 21st. Argus raised Colgate-Palmolive from a “hold” rating to a “buy” rating in a research note on Friday, May 25th. They noted that the move was a valuation call. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $72.00 price target on shares of Colgate-Palmolive in a research note on Thursday, May 24th. Four research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company’s stock. Colgate-Palmolive presently has a consensus rating of “Hold” and a consensus target price of $75.00. Read more …

Notable Analyst Upgrades and Downgrades for Week of June 18, 2018

Upgrades:

BlackRock (NYSE:BLK) was upgraded by stock analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued on Monday, MarketBeat reports. Other analysts also recently issued research reports about the stock. Deutsche Bank reduced their price target on shares of BlackRock from $623.00 to $614.00 and set a “buy” rating for the company in a research report on Friday, April 6th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a $640.00 price target on shares of BlackRock in a research report on Wednesday, March 14th. Zacks Investment Research downgraded shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Tuesday, March 13th. ValuEngine downgraded shares of BlackRock from a “buy” rating to a “hold” rating in a research report on Friday, June 15th. Finally, Credit Suisse Group lifted their price target on shares of BlackRock from $672.00 to $678.00 and gave the company an “outperform” rating in a research report on Thursday, April 5th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $576.33. Read more …

Raymond James upgraded shares of Chevron (NYSE:CVX) from a market perform rating to an outperform rating in a research report sent to investors on Monday morning, MarketBeat reports. CVX has been the subject of several other research reports. Zacks Investment Research raised shares of Chevron from a hold rating to a strong-buy rating and set a $147.00 price target for the company in a report on Wednesday, June 13th. Credit Suisse Group boosted their price target on shares of Chevron from $129.00 to $132.00 and gave the stock a neutral rating in a report on Monday, April 30th. Vetr lowered shares of Chevron from a strong-buy rating to a buy rating and set a $122.05 price target for the company. in a report on Monday, February 26th. DZ Bank raised shares of Chevron from a hold rating to a buy rating in a report on Wednesday, March 7th. Finally, Royal Bank of Canada reissued a hold rating and issued a $130.00 price target on shares of Chevron in a report on Friday, April 13th. Six research analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $135.52. Read more …

Raymond James upgraded shares of Kinder Morgan (NYSE:KMI) from a market perform rating to an outperform rating in a research report report published on Monday morning. Other research analysts have also issued research reports about the stock. Stifel Nicolaus reduced their target price on shares of Kinder Morgan from $22.00 to $21.00 and set a buy rating on the stock in a research note on Monday, April 30th. Deutsche Bank assumed coverage on shares of Kinder Morgan in a research note on Thursday, April 19th. They set a buy rating and a $21.00 price objective on the stock. Bank of America reissued a buy rating and set a $16.17 price objective (down previously from $20.00) on shares of Kinder Morgan in a research note on Thursday, April 19th. Zacks Investment Research raised shares of Kinder Morgan from a hold rating to a buy rating and set a $19.00 price objective on the stock in a research note on Tuesday, March 13th. Finally, UBS Group reissued a buy rating and set a $26.00 price objective (down previously from $28.00) on shares of Kinder Morgan in a research note on Friday, March 2nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. Kinder Morgan presently has an average rating of Buy and a consensus target price of $21.23. Read more …

Accenture (NYSE:ACN) was upgraded by stock analysts at Susquehanna Bancshares from a “neutral” rating to a “positive” rating in a report issued on Tuesday. A number of other research analysts have also commented on ACN. UBS Group raised Accenture from a “neutral” rating to a “positive” rating in a research report on Tuesday. Pivotal Research set a $180.00 target price on Accenture and gave the stock a “buy” rating in a research report on Monday, June 11th. Wedbush reissued an “outperform” rating and issued a $180.00 target price (up previously from $165.00) on shares of Accenture in a research report on Tuesday, March 20th. Zacks Investment Research lowered Accenture from a “buy” rating to a “hold” rating in a research report on Tuesday, June 5th. Finally, Robert W. Baird increased their target price on Accenture from $162.00 to $165.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 20th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have given a buy rating to the stock. Accenture currently has a consensus rating of “Buy” and an average target price of $161.37. Read more …