Track market-moving stories before they get noisy

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC lessened its holdings in shares of Qiagen N.V. (NYSE:QGEN – Free Report) by 21.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 2,481,645 shares of the company’s stock after selling 683,160 shares during the period. Allspring Global Investments Holdings LLC owned 1.20% of Qiagen worth $100,209,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QGEN. Danske Bank A S acquired a new position in shares of Qiagen during the third quarter worth approximately $36,000. Manchester Capital Management LLC bought a new stake in shares of Qiagen during the fourth quarter worth $42,000. Global Retirement Partners LLC increased its position in Qiagen by 279.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,155 shares of the company’s stock worth $52,000 after purchasing an additional 851 shares during the period. Allworth Financial LP raised its holdings in Qiagen by 23.2% during the 3rd quarter. Allworth Financial LP now owns 1,358 shares of the company’s stock worth $61,000 after purchasing an additional 256 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Qiagen during the 3rd quarter worth about $64,000. 70.00% of the stock is currently owned by institutional investors and hedge funds.

Qiagen Stock Down 0.8% QGEN stock opened at $41.19 on Friday. Qiagen N.V. has a 1-year low of $32.53 and a 1-year high of $57.81. The business’s 50 day simple moving average is $37.34 and its 200 day simple moving average is $42.37. The company has a current ratio of 3.21, a quick ratio of 2.57 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $8.49 billion, a PE ratio of 21.51, a PEG ratio of 4.14 and a beta of 0.64.

Qiagen (NYSE:QGEN – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. The business had revenue of $492.32 million during the quarter, compared to the consensus estimate of $496.15 million. Qiagen had a return on equity of 14.40% and a net margin of 19.16%.During the same quarter last year, the firm posted $0.56 EPS. As a group, research analysts anticipate that Qiagen N.V. will post 2.43 EPS for the current year.

Qiagen Increases Dividend The company also recently announced an annual dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.35 per share. This represents a dividend yield of 90.0%. This is an increase from Qiagen’s previous annual dividend of $0.26. The ex-dividend date was Tuesday, July 7th. Qiagen’s dividend payout ratio is 18.32%.

Analyst Ratings Changes Several equities research analysts have recently commented on QGEN shares. Berenberg Bank set a $45.50 price target on shares of Qiagen and gave the stock a “hold” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $43.00 price objective on shares of Qiagen in a report on Thursday, April 30th. Wall Street Zen lowered shares of Qiagen from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Barclays set a $38.00 target price on shares of Qiagen and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Citigroup reissued a “hold” rating on shares of Qiagen in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Qiagen currently has an average rating of “Hold” and a consensus price target of $43.34.

Get Our Latest Stock Report on QGEN

Qiagen Company Profile (Free Report)

Qiagen NV (NYSE: QGEN) is a global provider of sample and assay technologies designed to enable molecular testing in the fields of molecular diagnostics, applied testing, academic research and pharmaceutical development. The company’s solutions span the full workflow of nucleic acid and protein analysis, offering customers standardized kits, instruments and software tools that streamline the preparation, detection and quantification of DNA, RNA and proteins.

The company’s product portfolio includes nucleic acid extraction and purification systems, polymerase chain reaction (PCR) reagents and instrumentation, digital PCR platforms, next-generation sequencing (NGS) library‐preparation kits and proteomics solutions.

Featured Stories Five stocks we like better than Qiagen AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding QGEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qiagen N.V. (NYSE:QGEN – Free Report).

Receive News & Ratings for Qiagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiagen and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAlamos Gold Inc. $AGI Shares Purchased by Allspring Global Investments Holdings LLC

NEXT HEADLINE »Capital One Financial Corporation $COF Shares Bought by Allspring Global Investments Holdings LLC

ATLANTA, July 18, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Lucid Group, Inc.  (“Lucid”) (NASDAQ: LCID). The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts regarding Lucid’s business, operations, and prospects, including allegations that: (i) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (ii) the foregoing was likely to, and did, have a material negative impact on Lucid’s business and financial results; and (iii) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations. 

If you purchased Lucid shares between February 25, 2026 and April 13, 2026, and experienced a loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/lucid/ for more information. 

The deadline to ask the court to be appointed lead plaintiff in the case is July 28, 2026. 

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:
Corey Holzer, Esq. 
(888) 508-6832 (toll-free)
[email protected]

Posted by Defense World Staff on Jul 18th, 2026

Angeles Wealth Management LLC cut its holdings in shares of Cigna Group (NYSE:CI – Free Report) by 52.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,772 shares of the health services provider’s stock after selling 4,145 shares during the period. Angeles Wealth Management LLC’s holdings in Cigna Group were worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. apricus wealth LLC lifted its position in shares of Cigna Group by 715.9% in the fourth quarter. apricus wealth LLC now owns 9,505 shares of the health services provider’s stock valued at $2,616,000 after buying an additional 8,340 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Cigna Group during the 3rd quarter valued at $10,617,000. Wilsey Asset Management Inc. boosted its position in Cigna Group by 5.1% during the fourth quarter. Wilsey Asset Management Inc. now owns 110,801 shares of the health services provider’s stock worth $30,496,000 after purchasing an additional 5,327 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Cigna Group by 3.7% in the fourth quarter. Nisa Investment Advisors LLC now owns 105,534 shares of the health services provider’s stock valued at $29,046,000 after purchasing an additional 3,814 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Cigna Group by 4.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 95,023 shares of the health services provider’s stock worth $27,068,000 after buying an additional 4,394 shares during the last quarter. 86.99% of the stock is currently owned by institutional investors.

Cigna Group Trading Down 0.7% CI opened at $281.72 on Friday. The company has a market cap of $74.52 billion, a P/E ratio of 11.94, a PEG ratio of 1.09 and a beta of 0.29. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69. The company’s 50 day moving average is $286.68 and its 200-day moving average is $280.40. Cigna Group has a 1-year low of $239.51 and a 1-year high of $315.47.

Cigna Group (NYSE:CI – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The health services provider reported $7.79 EPS for the quarter, beating analysts’ consensus estimates of $7.60 by $0.19. Cigna Group had a return on equity of 19.75% and a net margin of 2.26%.The company had revenue of $68.52 billion during the quarter, compared to analysts’ expectations of $66.29 billion. During the same period in the prior year, the company earned $6.74 EPS. Cigna Group’s revenue was up 4.6% compared to the same quarter last year. Cigna Group has set its FY 2026 guidance at 30.350- EPS. Equities research analysts predict that Cigna Group will post 30.39 earnings per share for the current fiscal year.

Cigna Group Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a dividend of $1.56 per share. This represents a $6.24 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Thursday, June 4th. Cigna Group’s payout ratio is 26.45%.

Insider Activity at Cigna Group In related news, CAO Jamie G. Kates sold 899 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $298.61, for a total transaction of $268,450.39. Following the completion of the transaction, the chief accounting officer directly owned 2,368 shares of the company’s stock, valued at $707,108.48. This trade represents a 27.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David Cordani sold 201,878 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $292.82, for a total value of $59,113,915.96. Following the completion of the sale, the chief executive officer owned 34,337 shares in the company, valued at $10,054,560.34. This trade represents a 85.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Analyst Ratings Changes Several research firms have weighed in on CI. Mizuho increased their price target on shares of Cigna Group from $330.00 to $340.00 and gave the company an “outperform” rating in a report on Monday, June 8th. Weiss Ratings restated a “hold (c)” rating on shares of Cigna Group in a report on Monday, June 1st. Morgan Stanley increased their target price on Cigna Group from $355.00 to $361.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. The Goldman Sachs Group lifted their price target on Cigna Group from $335.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Finally, Robert W. Baird set a $337.00 price objective on Cigna Group in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $338.80.

View Our Latest Stock Analysis on CI

Cigna Group Profile (Free Report)

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.

Recommended Stories Five stocks we like better than Cigna Group AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for Cigna Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cigna Group and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Lowers Stock Holdings in Regal Rexnord Corporation $RRX

NEXT HEADLINE »Modine Manufacturing Company $MOD Shares Bought by Allspring Global Investments Holdings LLC

Elevance Health (NYSE:ELV) raised its 2026 adjusted earnings outlook after second-quarter results came in ahead of management’s expectations, citing favorable benefit expense performance, disciplined cost management and improving execution across several major business lines.

President and CEO Gail Boudreaux said the company now expects 2026 adjusted diluted earnings per share of at least $27. Chief Financial Officer Mark Kaye said Elevance views at least $26 as the appropriate 2026 earnings baseline for modeling purposes and remains confident in returning to at least 12% adjusted EPS growth in 2027 off that higher baseline.

For the second quarter, Elevance reported adjusted diluted earnings per share of $7.45. Operating revenue was $49.8 billion, up 0.8% from a year earlier, driven by higher premium yields and product revenue, partly offset by lower health plan membership. The company ended the quarter with 44.9 million medical members, with the sequential decline attributed mainly to a known fee-based customer transition and attrition in its individual ACA and Medicaid businesses.

Medicaid Remains a Key Focus as Margins Stay Under Pressure Management spent much of the call addressing Medicaid, where Boudreaux said the operating environment remains “dynamic.” Elevance maintained its full-year Medicaid operating margin outlook of approximately negative 1.75%, even as rate updates received during the quarter were stronger than anticipated.

Kaye said Medicaid cost drivers remain elevated and concentrated in previously identified areas, including behavioral health, specialty pharmacy, outpatient surgery and emergency department utilization. He said the company is not seeing a new “stepwise acuity reset,” adding that membership and acuity remain broadly aligned with assumptions. Instead, incremental pressure is increasingly tied to utilization among members who remain in the program.

Management reiterated that 2026 is expected to be the trough year for Medicaid margins, with improvement over time supported by better rate alignment and the maturation of care management actions. Kaye said the second-half Medicaid margin profile is expected to improve from the second quarter, supported by favorable July 1 rate activity and continued execution against cost pressures.

Boudreaux also said Elevance recently reached a mutual agreement with the District of Columbia to exit the D.C. Medicaid market. She said the company expects to exit additional Medicaid markets over the next 12 to 18 months where it does not see a path to sustainable performance. Executives did not identify the additional markets or provide sizing for potential exits.

Medicare Advantage and ACA Help Drive Second-Quarter Outperformance Elevance said Medicare Advantage results were stronger than expected and contributed to the company’s quarterly outperformance. Boudreaux said deliberate actions taken to reposition the portfolio — including disciplined plan design and a more focused mix of dual-eligible special needs plans and HMO products — are translating into stronger performance.

The company said it remains on track for at least a 2% operating margin in Medicare Advantage this year. Aimée Dailey, president of Government Health Benefits, said Elevance’s 2027 bids were developed with a prudent view of trend and a continued focus on sustainable margin improvement. She said the company continues to believe underlying medical cost trend is outpacing program funding.

In the individual ACA business, management said performance is developing broadly in line with how the year was priced and planned. Kaye said second-quarter favorability reflected more pronounced seasonality tied to a higher mix of bronze plans, as well as favorable final 2025 CMS risk adjustment results relative to prior estimates. However, he said Elevance is not extrapolating that favorability into 2026 and is reestablishing much of the prior-year favorability in its current-year risk adjustment accrual.

Kaye said member retention in ACA remains modestly ahead of expectations and that Elevance now expects to end 2026 with at least 1 million individual ACA members.

Commercial Business and Carelon Remain Growth Priorities In commercial health benefits, management said performance was in line with expectations, with cost trend remaining elevated but consistent with the company’s pricing approach. Morgan Kendrick, president of Commercial Health Benefits, said the market remains focused on affordability and simplicity, and that Elevance’s assets are resonating with employers.

Kendrick said the company’s fee-based and self-funded commercial businesses are performing well, including both local market and national account activity. He said Elevance had a record year in national accounts for 2026 and that its pipeline for 2027 is nearly as large. He also said some customers that left the company in prior years have returned.

Carelon also remains a focus of Elevance’s growth strategy. Boudreaux said CareBridge, which extends Carelon’s whole-health model into the home, can generate medical savings in the mid-teens for members and is being expanded into new markets. She also said Carelon behavioral health programs have delivered average cost savings of 10% through stronger member engagement and fewer adverse events.

Company Plans One-Time Investments From Non-Recurring Benefit Kaye said Elevance recorded a net below-the-line benefit of $0.80 per share in the quarter, primarily related to valuation adjustments within net investment income. Management said it plans to use that non-recurring benefit to fund one-time investments in the second half of the year.

Boudreaux said the investments are focused on strengthening medical cost management, member engagement, provider connectivity, operating efficiency and Carelon’s integrated capabilities. She said the company is using data and AI-enabled tools to identify medical cost pressures earlier and respond more quickly with targeted clinical, network, payment integrity and operating actions.

Executives emphasized that these incremental investments are one-time and will not recur in 2027. Kaye said the company’s 2026 outlook already included approximately $0.75 per share of targeted investment spending that is part of the ongoing run rate, separate from the new $0.80 per share of accelerated investments funded by the below-the-line benefit.

Cash Flow Outlook Raised; CMS Matter Closed Elevance reported second-quarter operating cash flow of $1.9 billion. Kaye said cash flow benefited from strong operating performance and the timing of a state Medicaid pass-through payment received in the quarter and remitted in July. The company raised its full-year operating cash flow outlook to at least $6 billion.

Days in claims payable were 45.4 days as of June 30, up 2.9 days from a year earlier. Kaye said the company remains confident in its reserving levels and described its reserve posture as consistent and prudent.

Kaye also said Elevance made an initial remittance of $342 million to CMS in the second quarter related to a matter discussed on the prior quarter’s call. He said the estimate of potential total financial exposure remains unchanged. As of July 9, Elevance completed all steps required by CMS and subsequently received written confirmation that sanctions will not be imposed and the matter is closed.

Boudreaux closed the call by saying Elevance’s confidence in 2027 is based on the breadth of the enterprise rather than any single line of business. She pointed to commercial pricing discipline, Medicare Advantage portfolio actions, ACA execution, expected Medicaid improvement, Carelon growth, operating efficiency and capital deployment as contributors to the company’s earnings path.

About Elevance Health (NYSE:ELV) Elevance Health, Inc (NYSE: ELV) is a large U.S.-based health benefits company that provides a broad range of health insurance products and related services. Headquartered in Indianapolis, the company rebranded from Anthem, Inc to Elevance Health in 2022 while continuing to operate consumer-facing health plans under established state and national brands. Gail Boudreaux serves as chief executive officer and president, leading the company’s strategic focus on integrated health care and benefit delivery.

Elevance’s core activities include offering medical and specialty health plans for individuals, employers and government programs, including Medicare and Medicaid managed-care products.

BNB Chain has reached a new high in tokenized real-world assets, with RWA.xyz data showing roughly $5.2 billion in tokenized assets on the network.

That is a significant figure because real-world asset tokenization is no longer just an Ethereum story. Ethereum still leads the sector by a wide margin, but the growth of BNB Chain as a major RWA venue shows that tokenized finance is beginning to spread across multiple networks.

The available source material points to a 32.26% monthly increase for BNB Chain, making it the second-largest network for tokenized RWAs behind Ethereum. The tracker also shows hundreds of tokenized assets across categories including U.S. Treasuries, real estate, commodities, and equities.

That mix matters. RWA is not only about one product class. It is becoming a broader market for putting traditional financial exposure on-chain.

Reference: RWA.xyz

TL;DR BNB Chain RWA TVL has reached about $5.2 billion, according to RWA.xyz. The network is now one of the largest venues for tokenized real-world assets. The growth shows that RWA activity is expanding beyond Ethereum into other major chains. Tokenization Is Becoming A Multi-Chain Market Ethereum has been the natural home for much of the RWA market.

It has deep liquidity, institutional familiarity, large stablecoin markets, and a long history of DeFi infrastructure. Many of the biggest tokenized Treasury and credit products either launched on Ethereum or stayed closely tied to its ecosystem.

But tokenization does not have to remain Ethereum-only.

If issuers, users, and applications want lower fees, different distribution, or access to a specific community, other networks can compete. BNB Chain has the advantage of a large retail footprint, exchange-linked liquidity, and a broad base of users already familiar with on-chain assets.

That makes its RWA growth notable.

A $5.2 billion figure is large enough to put the network into the serious part of the conversation. It suggests tokenized assets are not only living in institutional Ethereum environments but also finding traction on chains with wider retail and exchange ecosystem ties.

For BNB Chain, this is a credibility boost. RWA growth gives the network a more mature narrative than pure DeFi farming or exchange-linked activity.

Why RWA Growth Matters Real-world assets are one of the strongest long-term crypto narratives because they connect blockchain rails to familiar financial products.

Tokenized Treasuries, credit, commodities, real estate, and equities all point toward the same idea: traditional assets can move, settle, and interact with DeFi infrastructure more efficiently if they exist on-chain.

That does not mean every RWA product is useful. Some are thin, experimental, or heavily permissioned. But the category itself has become difficult to ignore because it speaks directly to institutional adoption.

A bank, asset manager, or fintech company may not care about meme coins. It may care a lot about tokenized cash, collateral, settlement, and access to Treasury-like products.

BNB Chain’s growth in this area therefore matters because it shows RWA demand can move outside the most obvious institutional lanes. If tokenized assets can grow on a network with BNB Chain’s user base, the addressable market may be broader than expected.

The question is whether that growth is sticky.

The Next Test Is Quality, Not Just Size TVL is useful, but it does not tell the whole story.

A network can attract assets quickly through incentives, partnerships, or a handful of large deployments. The more important test is whether those assets remain, generate real usage, and become part of broader on-chain financial activity.

For BNB Chain, the quality of the RWA base will matter. Are users actually interacting with these products? Are they being used as collateral? Are they integrated into DeFi? Are issuers credible? Are the assets transparent and properly structured?

Those questions become more important as the headline number grows.

There is also the regulatory side. Tokenized real-world assets can involve securities, commodities, fund interests, and regulated financial products. Networks may provide the rails, but issuers still need to operate inside legal frameworks.

That makes RWA one of the more serious sectors in crypto. It has huge potential, but it also carries heavier compliance expectations than many purely crypto-native categories.

For now, the signal is positive for BNB Chain. Reaching $5.2 billion in tokenized assets gives it a stronger claim in a market that is attracting serious institutional attention.

Ethereum remains the leader, but BNB Chain is now harder to ignore. If tokenization keeps expanding across chains, the next phase of RWA growth may be less about one dominant network and more about where issuers can find the right combination of liquidity, users, cost, and compliance.

This article is based on RWA.xyz and DeFiLlama data.

This article was written by the News Desk and edited by Samuel Rae.

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC lessened its holdings in shares of Carvana Co. (NYSE:CVNA – Free Report) by 4.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,359 shares of the company’s stock after selling 11,174 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.10% of Carvana worth $68,148,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Wealthfront Advisers LLC increased its position in shares of Carvana by 2.0% during the first quarter. Wealthfront Advisers LLC now owns 27,919 shares of the company’s stock worth $8,777,000 after acquiring an additional 559 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Carvana by 2.4% in the first quarter. Bank of New York Mellon Corp now owns 710,264 shares of the company’s stock worth $223,293,000 after purchasing an additional 16,692 shares during the last quarter. Checchi Capital Advisers LLC purchased a new stake in shares of Carvana in the first quarter worth approximately $212,000. Principal Financial Group Inc. lifted its holdings in shares of Carvana by 3.6% in the first quarter. Principal Financial Group Inc. now owns 161,426 shares of the company’s stock valued at $50,749,000 after purchasing an additional 5,568 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of Carvana by 3,547.9% in the first quarter. Fifth Third Bancorp now owns 14,154 shares of the company’s stock valued at $4,450,000 after purchasing an additional 13,766 shares in the last quarter. Institutional investors and hedge funds own 56.71% of the company’s stock.

Insider Buying and Selling In other news, Director J Danforth Quayle sold 14,525 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $70.00, for a total value of $1,016,750.00. Following the completion of the transaction, the director directly owned 214,960 shares in the company, valued at approximately $15,047,200. This represents a 6.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Thomas Taira sold 5,597 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $67.15, for a total value of $375,838.55. Following the transaction, the insider owned 315,075 shares in the company, valued at $21,157,286.25. This trade represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 396,962 shares of company stock valued at $28,525,088 in the last three months. 15.19% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades Several equities research analysts recently issued reports on CVNA shares. Morgan Stanley upped their price target on Carvana from $90.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Gordon Haskett lifted their price objective on shares of Carvana from $67.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, April 30th. Wells Fargo & Company upped their target price on shares of Carvana from $85.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carvana in a report on Thursday, June 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $92.00 target price on shares of Carvana in a report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Carvana presently has an average rating of “Moderate Buy” and an average target price of $92.92.

Get Our Latest Research Report on CVNA

Carvana Stock Down 4.5% Shares of NYSE CVNA opened at $67.50 on Friday. The company has a current ratio of 4.09, a quick ratio of 2.57 and a debt-to-equity ratio of 1.05. The business has a 50-day moving average of $67.86 and a 200-day moving average of $72.29. The firm has a market capitalization of $74.04 billion, a price-to-earnings ratio of 41.06, a PEG ratio of 11.90 and a beta of 3.46. Carvana Co. has a 12 month low of $54.46 and a 12 month high of $97.38.

Carvana (NYSE:CVNA – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $1.37. The business had revenue of $6.43 billion for the quarter, compared to the consensus estimate of $6.12 billion. Carvana had a net margin of 6.40% and a return on equity of 41.46%. Sell-side analysts expect that Carvana Co. will post 1.58 earnings per share for the current fiscal year.

About Carvana (Free Report)

Carvana Co is an online-only retailer of used vehicles that operates a consumer-facing e-commerce platform for buying and selling cars. The company markets and sells inspected, reconditioned pre-owned vehicles through its website, where shoppers can browse inventory, view detailed 360-degree photos and vehicle history reports, finance purchases, and arrange delivery or pickup. Carvana’s model is built around a digital end-to-end car buying experience that aims to simplify vehicle transactions compared with traditional dealerships.

Its products and services include direct retail sales of used cars, trade-in and purchase offers for consumer vehicles, vehicle financing and related protection products, and a seven-day return policy that allows customers to test a vehicle in everyday use.

Further Reading Five stocks we like better than Carvana AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for Carvana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carvana and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Buys 35,468 Shares of AngloGold Ashanti PLC $AU

HomeStock IdeasLong IdeasFinancials 

SummaryRobinhood remains a Buy as fundamentals strengthen, with robust revenue growth and market share in the high-growth fintech space.HOOD trades at a 46x forward P/E and 2.65 PEG, justified by 42% revenue growth and premium margins versus sector peers.The company boasts a low-leverage capital structure, $19.27B in cash against $13.61B obligations, and sector-leading 92% gross and 41% net margins.Risks include premium valuation, high beta volatility, potential margin erosion from competitors, and sensitivity to market sentiment shifts. AlexSecret/iStock via Getty Images

I've upgraded my rating on Robinhood (HOOD) back in April, and the stock has surged 45% since my previous coverage. On top of this, it has significantly outperformed the benchmark with its 13% increase. Now, what I

2.15K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HOOD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Coinbase acknowledges distance from crypto-native users, plans to rebuild trust with Base App relaunch

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC boosted its position in shares of ConocoPhillips (NYSE:COP – Free Report) by 8.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 591,022 shares of the energy producer’s stock after buying an additional 46,091 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in ConocoPhillips were worth $75,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of COP. Independent Financial Group LLC bought a new position in ConocoPhillips in the 1st quarter worth $1,123,000. Prosperity Consulting Group LLC increased its stake in shares of ConocoPhillips by 5.0% in the first quarter. Prosperity Consulting Group LLC now owns 8,360 shares of the energy producer’s stock worth $1,104,000 after purchasing an additional 401 shares during the period. Smart Money Group LLC bought a new position in shares of ConocoPhillips in the first quarter worth about $210,000. Frazier Financial Advisors LLC boosted its stake in ConocoPhillips by 151.0% during the 1st quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock valued at $32,000 after purchasing an additional 145 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co grew its holdings in ConocoPhillips by 15.3% in the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 5,263 shares of the energy producer’s stock valued at $695,000 after buying an additional 697 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Up 1.6% Shares of NYSE COP opened at $114.70 on Friday. The firm has a market capitalization of $139.74 billion, a PE ratio of 19.47, a price-to-earnings-growth ratio of 1.36 and a beta of 0.12. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.34. ConocoPhillips has a 1 year low of $85.57 and a 1 year high of $135.87. The firm’s 50-day moving average is $113.48 and its 200-day moving average is $113.37.

ConocoPhillips (NYSE:COP – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a net margin of 12.10% and a return on equity of 11.39%. The business had revenue of $15.76 billion during the quarter, compared to the consensus estimate of $15.62 billion. During the same period in the previous year, the firm posted $2.09 earnings per share. ConocoPhillips’s revenue for the quarter was down 6.1% compared to the same quarter last year. Equities analysts expect that ConocoPhillips will post 9.2 EPS for the current year.

ConocoPhillips Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 11th were paid a $0.84 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.9%. ConocoPhillips’s dividend payout ratio is 57.05%.

Analyst Ratings Changes A number of brokerages have recently commented on COP. Morgan Stanley cut their price target on ConocoPhillips from $153.00 to $146.00 and set an “overweight” rating for the company in a report on Friday, June 26th. Truist Financial cut their target price on shares of ConocoPhillips from $128.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, July 8th. Capital One Financial reduced their price target on shares of ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating for the company in a report on Monday, May 18th. BMO Capital Markets decreased their price target on shares of ConocoPhillips from $140.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Finally, Freedom Capital lowered shares of ConocoPhillips from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Eighteen equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, ConocoPhillips currently has an average rating of “Moderate Buy” and an average price target of $134.04.

Get Our Latest Analysis on ConocoPhillips

Key Headlines Impacting ConocoPhillips Here are the key news stories impacting ConocoPhillips this week:

Positive Sentiment: ConocoPhillips agreed to acquire a 42% stake in BP’s Iraq venture, increasing its exposure to the Kirkuk oilfields and more than 3 billion barrels of recoverable resources. Reuters article Positive Sentiment: The company’s Iraq agreement is part of a broader wave of U.S. corporate commitments to support Iraqi energy development, which may signal additional international growth potential. Financial Post article Positive Sentiment: Energy shares were broadly stronger, helping support ConocoPhillips alongside a sector-wide move higher. Yahoo Finance article Neutral Sentiment: Several reports noted that COP tends to move with crude oil prices, so commodity trends remain an important near-term driver for the stock. Kalkine Media article ConocoPhillips Company Profile (Free Report)

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.

Recommended Stories Five stocks we like better than ConocoPhillips AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for ConocoPhillips Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConocoPhillips and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAdvisortrust Partners LLC Has $1.67 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

NEXT HEADLINE »Allspring Global Investments Holdings LLC Makes New $75.29 Million Investment in Viavi Solutions Inc. $VIAV

NNN maintains disciplined, accretive growth, favoring self-funding and conservative leverage over aggressive acquisitions. NNN's capital recycling program accelerated, selling $200M in properties and reinvesting at spreads over 100 bps, improving occupancy to 98.6%. Exposure to experiential retail and middle-market tenants presents long-term earnings risk if sector headwinds persist.

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC boosted its holdings in XPO, Inc. (NYSE:XPO – Free Report) by 358.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 391,800 shares of the transportation company’s stock after acquiring an additional 306,373 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.33% of XPO worth $77,745,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in XPO. Toth Financial Advisory Corp increased its stake in XPO by 100.0% during the 4th quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after buying an additional 100 shares during the period. Elyxium Wealth LLC bought a new position in XPO during the 4th quarter valued at $28,000. Torren Management LLC acquired a new position in shares of XPO during the 4th quarter valued at $37,000. Horizon Investments LLC bought a new stake in shares of XPO in the 3rd quarter worth $39,000. Finally, International Assets Investment Management LLC bought a new stake in shares of XPO in the 4th quarter worth $41,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

Insiders Place Their Bets In other XPO news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the completion of the transaction, the director owned 4,849 shares of the company’s stock, valued at $1,045,492.89. The trade was a 33.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.87% of the company’s stock.

Analyst Ratings Changes XPO has been the subject of several research reports. Oppenheimer raised their target price on XPO from $228.00 to $236.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Stifel Nicolaus set a $237.00 price target on shares of XPO in a report on Friday, May 1st. Truist Financial set a $240.00 price objective on shares of XPO in a research report on Friday, May 1st. Barclays lifted their price objective on shares of XPO from $195.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Finally, Evercore upgraded shares of XPO from an “in-line” rating to an “outperform” rating in a report on Wednesday, July 1st. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $219.57.

Get Our Latest Stock Analysis on XPO

XPO Stock Performance Shares of XPO stock opened at $214.67 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. XPO, Inc. has a fifty-two week low of $116.68 and a fifty-two week high of $232.05. The stock’s 50-day moving average is $209.09 and its two-hundred day moving average is $194.68. The firm has a market cap of $25.20 billion, a P/E ratio of 73.52, a PEG ratio of 2.52 and a beta of 1.85.

XPO (NYSE:XPO – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.12. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 EPS. Analysts predict that XPO, Inc. will post 4.9 earnings per share for the current fiscal year.

XPO Company Profile (Free Report)

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.

Featured Stories Five stocks we like better than XPO AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding XPO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for XPO, Inc. (NYSE:XPO – Free Report).

Receive News & Ratings for XPO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Boosts Stock Holdings in Construction Partners, Inc. $ROAD

NEXT HEADLINE »Allspring Global Investments Holdings LLC Purchases 120,414 Shares of Prologis, Inc. $PLD

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC grew its holdings in shares of Capital One Financial Corporation (NYSE:COF – Free Report) by 4.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 660,130 shares of the financial services provider’s stock after buying an additional 29,835 shares during the period. Allspring Global Investments Holdings LLC owned 0.11% of Capital One Financial worth $121,794,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Evolution Wealth Management Inc. raised its stake in shares of Capital One Financial by 529.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of Capital One Financial in the 4th quarter worth approximately $27,000. Cherry Tree Wealth Management LLC lifted its stake in shares of Capital One Financial by 1,312.5% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 113 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 105 shares during the period. Strive Asset Management LLC bought a new position in shares of Capital One Financial in the third quarter valued at approximately $28,000. Finally, Frazier Financial Advisors LLC acquired a new position in shares of Capital One Financial during the first quarter valued at approximately $29,000. 89.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the completion of the sale, the insider directly owned 61,579 shares in the company, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the sale, the general counsel directly owned 90,194 shares of the company’s stock, valued at $18,760,352. This represents a 3.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,749 shares of company stock worth $1,708,577 in the last 90 days. 0.78% of the stock is currently owned by corporate insiders.

Capital One Financial News Roundup Here are the key news stories impacting Capital One Financial this week:

Positive Sentiment: Capital One is getting a wave of supportive analyst coverage, with multiple firms reportedly reaffirming or raising bullish views, and the stock has been described as having a “Moderate Buy” consensus rating. Capital One Financial Corporation (NYSE:COF) Receives Consensus Rating of “Moderate Buy” from Analysts Positive Sentiment: Capital One launched up to $500 in Spark business travel credits, a small but potentially helpful move to boost card usage, attract business customers, and deepen engagement with its travel ecosystem. Capital One (COF) Unveils Up To $500 In Spark Business Travel Credits Positive Sentiment: Several articles highlighted COF as a long-term momentum name and suggested it may be positioned to benefit from AI, reinforcing the idea that investors see upside from technology adoption and operational efficiency. Is Capital One Financial Corp (COF) Positioned to Benefit from AI? Neutral Sentiment: Wall Street is focused on COF’s upcoming second-quarter results, with expectations that card loans, net interest income, and fee income helped offset higher provisions and expenses. The setup is mixed, so earnings could be a stock driver in either direction. Card Loans, Fee Income to Support COF Q2 Earnings, Provisions to Hurt Neutral Sentiment: Valuation commentary remains divided: some articles argue the stock could still be undervalued on intrinsic value, while traditional earnings multiples look less compelling after a strong multi-year run. Is Capital One Financial (COF) Trading At A Discount Or A Premium? Negative Sentiment: Capital One is still dealing with legacy legal overhang from the 2019 data breach, as a Canadian class action settlement has been proposed pending court approval, which keeps litigation risk in view. CAPITAL ONE 2019 DATA BREACH CLASS ACTION Analysts Set New Price Targets Several brokerages have recently weighed in on COF. TD Cowen decreased their target price on Capital One Financial from $260.00 to $253.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Wells Fargo & Company dropped their price target on shares of Capital One Financial from $280.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Rothschild & Co Redburn cut their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Argus cut their price target on shares of Capital One Financial from $260.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Capital One Financial in a research report on Wednesday, June 24th. Twenty analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $259.91.

Get Our Latest Analysis on Capital One Financial

Capital One Financial Stock Down 1.8% Capital One Financial stock opened at $208.04 on Friday. Capital One Financial Corporation has a twelve month low of $174.24 and a twelve month high of $259.64. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $129.46 billion, a PE ratio of 73.00, a P/E/G ratio of 0.77 and a beta of 1.02. The firm’s 50 day moving average price is $193.48 and its two-hundred day moving average price is $201.99.

Capital One Financial (NYSE:COF – Get Free Report) last issued its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same period last year, the business earned $4.06 EPS. The company’s quarterly revenue was up 52.3% on a year-over-year basis. On average, research analysts predict that Capital One Financial Corporation will post 19.56 EPS for the current fiscal year.

Capital One Financial Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s payout ratio is presently 112.28%.

Capital One Financial Company Profile (Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

Further Reading Five stocks we like better than Capital One Financial AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Has $100.21 Million Position in Qiagen N.V. $QGEN

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Bad luck rarely arrives on schedule. It arrives in clusters: the transmission goes the same month the water heater dies and the dog needs a $3,200 mass removed. The financial pain comes from timing, not any single bill. A traditional emergency fund sized to a static number of months tends to fail exactly when needed most. A better structure is an engine that keeps refilling itself.

Sizing the Annual Damage The Bureau of Labor Statistics puts average annual household spending at $78,535 in 2024, equal to about $6,545 a month. A meaningful slice of many household budgets is non-routine: vehicle repairs, appliance replacement, deductibles, urgent vet care, storm damage not covered by insurance, and emergency travel. For a homeowner with vehicles and pets, those lumpy costs can easily become a recurring planning category.

Call it $10,000 as a working number for a two-earner household with a house, a car or two, and a pet. That is the figure a “bad luck fund” would need to produce, on average, if the goal is to refill the cash reserve without intentionally spending principal or reaching for a credit card.

The Two-Bucket Architecture The fund has two layers. The first is cash, sized to the largest single shock you may need to absorb quickly: often one to two months of expenses, held somewhere liquid. The second is an invested pool whose job is to throw off enough income to help refill bucket one as it gets drawn down. Insurance handles catastrophic risk. The invested pool handles deductibles, uncovered gaps, and routine surprises.

The 1.65% national average 12-month CD rate helps explain why the cash layer should not be expected to carry the whole load by itself, even though top high-yield CDs may pay more. The CPI-U was 333.979 in May 2026, up from 322.201 in July 2025. Cash is useful for speed and stability, but the invested layer is what gives the fund a better chance to refill after repeated hits.

What $10,000 a Year in Income Actually Costs Income divided by yield equals the capital you need.

Conservative, roughly 3.5% to 4%. Ultra-short Treasuries through iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SHV), inflation-protected Treasuries via Schwab U.S. TIPS ETF, and investment-grade corporate bonds through Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) sit here. With the 1-year Treasury near 4.06% and the 10-year at 4.55%, and TIPS offering a 2.3% real yield at 10 years, a diversified conservative sleeve throws off close to 4%. To produce $10,000, you need roughly $250,000. The principal barely moves: SHV is up about 4% over the past year, which is essentially the yield showing up as price.

Moderate, roughly 5% to 6%. Monthly-paying net-lease REITs like Realty Income (NYSE:O | O Price Prediction), currently yielding 5.12% with 670-plus consecutive monthly dividends, pair well with regulated utilities like NextEra Energy (NYSE:NEE), where the yield is only 2.63% but the quarterly payout has climbed from $0.5665 to $0.6232 in a year. Blend them and you land near 5%. To produce $10,000 you need around $200,000. The upside: the income grows with you.

Aggressive, roughly 6% to 9%. Business development companies like Main Street Capital (NYSE:MAIN) pay a 5.85% regular dividend plus quarterly supplementals of $0.30, and shares are down roughly 10% year to date. About $110,000 could fund the $10,000 target, but you accept credit-cycle risk and NAV drift right when a recession would also raise your bad-luck spending.

Why Most Emergency Fund Advice Fails Chasing the aggressive tier can defeat the purpose. A bad luck fund needs to be most reliable when the economy is weakest, which is also when credit-sensitive income vehicles may face the most pressure. The lower-yield tiers look expensive in normal times and cheaper when you actually need them. That is what you are buying: liquidity, stability, and an income stream less likely to force a sale on a bad Tuesday.

Design the Fund Before Bad Luck Arrives Audit your last three years of non-routine spending. Pull vet bills, auto repairs, deductibles paid, and appliance replacements. That number, not a generic three-months-of-expenses rule, is your income target. Right-size your insurance deductibles against the fund. Raising a homeowners deductible from $1,000 to $5,000 can cut premiums meaningfully. That savings only makes sense if the fund can absorb the $5,000 without stress. Split the pool deliberately. Keep the immediate-access portion in cash, a high-yield savings account, or very short Treasury-style holdings, then place the longer-term refill sleeve in diversified income assets. A fixed 20/80 split may work for some households, but the right mix depends on job stability, deductibles, dependents, and how often the fund gets used. Turn Surprise Bills Into Planned Cash Flow Bad luck is a recurring expense pretending to be a surprise. The goal is not to predict every repair, deductible, vet bill, or emergency trip. It is to build a reserve that can take the hit and an income sleeve that helps refill the reserve afterward.

That structure will not eliminate bad timing, and it will not replace insurance for catastrophic losses. But it can keep ordinary bad luck from turning into revolving credit card debt or a forced sale from the long-term portfolio.

Contact [email protected] for any questions or corrections.

Hawaiian Electric Company, Inc. (Hawaiian Electric), a subsidiary of Hawaiian Electric Industries, Inc. (HEI) (NYSE - HE), today submitted its Integrated Grid

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC lessened its stake in shares of UFP Industries, Inc. (NASDAQ:UFPI – Free Report) by 15.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,060,153 shares of the construction company’s stock after selling 187,193 shares during the period. Allspring Global Investments Holdings LLC owned about 1.87% of UFP Industries worth $96,622,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. D.A. Davidson & CO. lifted its position in shares of UFP Industries by 49.4% in the first quarter. D.A. Davidson & CO. now owns 6,082 shares of the construction company’s stock worth $560,000 after purchasing an additional 2,010 shares in the last quarter. State of Michigan Retirement System grew its position in UFP Industries by 1.4% during the first quarter. State of Michigan Retirement System now owns 14,000 shares of the construction company’s stock valued at $1,290,000 after purchasing an additional 200 shares in the last quarter. Principal Financial Group Inc. increased its stake in UFP Industries by 3.8% in the 1st quarter. Principal Financial Group Inc. now owns 131,045 shares of the construction company’s stock valued at $12,072,000 after buying an additional 4,806 shares during the period. Fifth Third Bancorp increased its stake in UFP Industries by 1,459.9% in the 1st quarter. Fifth Third Bancorp now owns 60,136 shares of the construction company’s stock valued at $5,540,000 after buying an additional 56,281 shares during the period. Finally, IAG Wealth Partners LLC purchased a new stake in UFP Industries in the 1st quarter worth approximately $28,000. Hedge funds and other institutional investors own 81.81% of the company’s stock.

Analyst Ratings Changes Several analysts recently issued reports on the company. Stifel Nicolaus cut their price objective on UFP Industries from $100.00 to $87.00 and set a “hold” rating for the company in a report on Monday, May 11th. Benchmark lowered their target price on UFP Industries from $125.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Weiss Ratings cut UFP Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 2nd. DA Davidson dropped their price objective on UFP Industries from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Finally, BMO Capital Markets raised shares of UFP Industries from a “market perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research report on Tuesday, May 5th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $105.40.

Get Our Latest Analysis on UFPI

UFP Industries Stock Performance Shares of NASDAQ UFPI opened at $85.93 on Friday. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 18.76 and a beta of 1.22. UFP Industries, Inc. has a one year low of $77.89 and a one year high of $118.00. The business has a fifty day simple moving average of $84.17 and a 200 day simple moving average of $93.47. The company has a current ratio of 4.64, a quick ratio of 3.07 and a debt-to-equity ratio of 0.07.

UFP Industries (NASDAQ:UFPI – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.15 by ($0.26). The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.51 billion. UFP Industries had a net margin of 4.31% and a return on equity of 8.50%. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period last year, the firm earned $1.30 EPS. Sell-side analysts expect that UFP Industries, Inc. will post 4.57 EPS for the current year.

UFP Industries Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.36 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.44 dividend on an annualized basis and a yield of 1.7%. UFP Industries’s payout ratio is presently 31.44%.

UFP Industries Company Profile (Free Report)

UFP Industries, Inc, founded in 1955 and headquartered in Grand Rapids, Michigan, designs, manufactures, and distributes a broad range of wood and wood-alternative products. The company operates through two primary segments: UFP Retail Solutions, which supplies building materials and components to home improvement retailers and lumber dealers, and UFP Distribution Solutions, which offers packaging, pallets, skids, and other industrial products for a variety of end markets. Its product portfolio includes treated and untreated lumber, engineered wood, decking, railing, fencing, vinyl sheets and profiles, and custom-designed packaging solutions.

With manufacturing facilities and distribution centers across the United States, Canada, Mexico and Europe, UFP Industries serves professional contractors, industrial customers, and do-it-yourself consumers.

See Also Five stocks we like better than UFP Industries AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for UFP Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UFP Industries and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEHowmet Aerospace Inc. $HWM Shares Sold by Allspring Global Investments Holdings LLC

NEXT HEADLINE »Allspring Global Investments Holdings LLC Acquires 88,388 Shares of Onto Innovation Inc. $ONTO

The bankrupt cryptocurrency exchange FTX has announced it will launch its fifth round of creditor payments on July 31, 2026, as part of its restructuring plan. This distribution is expected to amount to approximately $900 million in total.

According to a statement by FTX Trading Ltd. and FTX Recovery Trust, payments will cover creditors with approved receivables in the Convenience and Non-Convenience classes under the restructuring plan who completed the necessary pre-distribution processes by the June 16 registration deadline.

Creditors who are entitled to receive payments are expected to collect the funds through their previously chosen service providers: BitGo, Kraken, or Payoneer. The distribution service providers are scheduled to transfer payments to accounts within one to three business days after July 31.

FTX also informed eligible preferred shareholders that a second payment round would be made on the same date.

As part of the fifth distribution, Class 5A credit holders representing Dotcom customer receivables will receive an additional 9% payment. This will bring the cumulative distribution rate for this class to 105%.

Class 5B, which covers US customer receivables, will receive a 5% payout, resulting in a total payout rate of 105%. Class 6A, which includes general unsecured receivables, and Class 6B, which includes digital asset loan receivables, will each receive a 3% payout. The total payout rate across these classes will reach 103%.

The cumulative distribution to claimants in the Class 7 Convenience Claims group, which includes smaller claims, will reach 120 percent.

FTX stated that customers and other payees who wish to participate in the distribution on future payment dates must complete the identity verification process, submit the necessary tax forms, and register with one of the BitGo, Kraken, or Payoneer platforms before the registration date.

The company stated that subsequent registration and payment dates will be announced at a later date.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

14h05 ▪ 3 min read ▪ by Ghiles A.

Summarize this article with:

Nearly four years after the collapse of the platform, the creditor repayment process continues to reach new milestones. FTX has confirmed the launch of a fifth wave of distributions, set to begin at the end of the month. This new operation represents about 900 million dollars and is part of the judicial recovery procedure initiated after the 2022 bankruptcy. Since the start of repayments in 2025, cumulative payments now approach 10 billion dollars in favor of creditors and other stakeholders.

In Brief FTX will launch a fifth round of repayments worth approximately $900 million starting at the end of the month. Since the repayment plan began in 2025, nearly $10 billion has already been distributed to creditors and other stakeholders. Eligible creditors will receive their funds within three business days through BitGo, Kraken, or Payoneer. The repayments cover the “Convenience” and “Non-Convenience” categories, which include both retail creditors and larger, more complex claims. FTX Launches a Fifth $900 Million Distribution On Friday, the crypto exchange FTX announced that it would start distributing approximately 900 million dollars to its creditors starting at the end of the month. This operation constitutes the fifth wave of repayments planned as part of the bankruptcy procedure conducted under chapter 11. Last March, the platform had already paid 2.2 billion dollars to the concerned beneficiaries. Now, the total amount distributed since the start of the program in 2025 reaches nearly 10 billion dollars.

As with the previous distribution, FTX plans a rapid processing of payments for eligible creditors. Beneficiaries belonging to the “Convenience” and “Non-Convenience” categories should receive their funds within three business days. Payments will be made by providers BitGo, Kraken, or Payoneer. This organization adopts the same procedure used during previous repayment waves.

Creditors Continue to Receive Their Repayments The “Convenience” category mainly includes retail traders as well as small creditors, who represent the majority of people affected by the FTX bankruptcy. Conversely, the “Non-Convenience” category concerns larger claims or those with a more complex structure. This distinction determines the processing of claims within the repayment plan. Eligible beneficiaries thus continue to receive their payments according to the provided modalities.

Since the program launched, FTX has aimed to compensate retail creditors between 118% and 142% of the value of their holdings at the time of the platform’s collapse in 2022. However, some have criticized this approach, arguing that repayments should have been made in assets rather than cash value.

Moreover, in May, the law firm Fenwick & West, the former main external advisor of FTX US, agreed to pay 54 million dollars to settle accusations related to its role before the bankruptcy and the fraud attributed to Sam Bankman-Fried.

With this fifth distribution, FTX thus continues executing its repayment schedule. The next steps will assess the progress of the recovery plan and continue payments aimed at the various creditor categories. 

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.

Join the program

A

A

Lien copié

Ghiles A.

Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Posted by Defense World Staff on Jul 18th, 2026

Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Talos Energy Inc. (NYSE:TALO – Free Report) by 394,736.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 300,076 shares of the company’s stock after purchasing an additional 300,000 shares during the period. Talos Energy accounts for approximately 0.8% of Annis Gardner Whiting Capital Advisors LLC’s portfolio, making the stock its 19th biggest holding. Annis Gardner Whiting Capital Advisors LLC owned 0.18% of Talos Energy worth $4,729,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its holdings in shares of Talos Energy by 11.8% during the first quarter. Royal Bank of Canada now owns 28,590 shares of the company’s stock worth $278,000 after buying an additional 3,007 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Talos Energy by 152.1% in the 1st quarter. AQR Capital Management LLC now owns 90,915 shares of the company’s stock valued at $884,000 after purchasing an additional 54,854 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Talos Energy by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,196 shares of the company’s stock valued at $838,000 after purchasing an additional 3,783 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Talos Energy by 16.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,183,496 shares of the company’s stock worth $21,224,000 after purchasing an additional 304,205 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Talos Energy by 132.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 386,641 shares of the company’s stock worth $3,279,000 after purchasing an additional 220,502 shares during the last quarter. Institutional investors own 89.35% of the company’s stock.

Talos Energy Stock Up 5.5% Shares of NYSE:TALO opened at $14.89 on Friday. The company’s fifty day moving average is $14.55 and its 200-day moving average is $13.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.20 and a current ratio of 1.20. Talos Energy Inc. has a 52 week low of $7.67 and a 52 week high of $17.05. The company has a market capitalization of $2.49 billion, a PE ratio of -3.46 and a beta of 0.34.

Talos Energy (NYSE:TALO – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.04. The firm had revenue of $472.31 million for the quarter, compared to analyst estimates of $446.39 million. Talos Energy had a negative net margin of 42.58% and a negative return on equity of 8.24%. The company’s revenue for the quarter was down 7.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 earnings per share. Equities research analysts predict that Talos Energy Inc. will post 0.37 earnings per share for the current fiscal year.

Analyst Ratings Changes A number of brokerages have recently commented on TALO. KeyCorp upped their price objective on shares of Talos Energy from $15.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. JPMorgan Chase & Co. lifted their target price on Talos Energy from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Stephens restated an “overweight” rating and set a $20.00 price target on shares of Talos Energy in a research note on Wednesday, July 1st. Citigroup upped their price target on Talos Energy from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings downgraded Talos Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Talos Energy presently has a consensus rating of “Hold” and an average target price of $18.83.

View Our Latest Report on TALO

Insider Activity at Talos Energy In other Talos Energy news, insider Control Empresarial De Capital sold 339,568 shares of Talos Energy stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $16.80, for a total value of $5,704,742.40. Following the completion of the transaction, the insider owned 40,460,036 shares in the company, valued at approximately $679,728,604.80. The trade was a 0.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.51% of the stock is owned by insiders.

Talos Energy Company Profile (Free Report)

Talos Energy Inc is an independent oil and gas exploration and production company headquartered in Houston, Texas. Founded in 2012 by industry veterans Tim Duncan and Jeremy Rights, the firm completed its initial public offering in 2021 and trades on the New York Stock Exchange under the ticker symbol TALO. The company’s core operations focus on the acquisition, exploration, development and production of offshore hydrocarbon reserves, with a primary emphasis on the U.S. Gulf of Mexico basin.

Talos Energy’s asset portfolio spans deepwater and shelf opportunities in the Gulf of Mexico, where it holds interests in several producing fields and exploration blocks.

Read More Five stocks we like better than Talos Energy AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for Talos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talos Energy and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINETruist Financial Issues Positive Forecast for American Electric Power (NASDAQ:AEP) Stock Price

NEXT HEADLINE »Truist Financial Issues Positive Forecast for Duke Energy (NYSE:DUK) Stock Price

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC lessened its stake in SouthState Bank Corporation (NYSE:SSB – Free Report) by 6.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,078,066 shares of the company’s stock after selling 77,007 shares during the period. Allspring Global Investments Holdings LLC owned about 1.10% of SouthState Bank worth $100,918,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nicholas Hoffman & Company LLC. boosted its holdings in SouthState Bank by 0.7% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 16,527 shares of the company’s stock valued at $1,555,000 after acquiring an additional 111 shares in the last quarter. HB Wealth Management LLC grew its stake in SouthState Bank by 0.7% in the first quarter. HB Wealth Management LLC now owns 18,045 shares of the company’s stock worth $1,670,000 after purchasing an additional 129 shares during the period. MML Investors Services LLC lifted its position in SouthState Bank by 5.9% during the fourth quarter. MML Investors Services LLC now owns 2,360 shares of the company’s stock valued at $222,000 after buying an additional 131 shares during the period. FourThought Financial Partners LLC boosted its holdings in shares of SouthState Bank by 5.8% during the 4th quarter. FourThought Financial Partners LLC now owns 2,544 shares of the company’s stock valued at $239,000 after buying an additional 139 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in shares of SouthState Bank by 5.0% in the 1st quarter. Inspire Investing LLC now owns 3,641 shares of the company’s stock worth $337,000 after acquiring an additional 172 shares in the last quarter. 89.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades Several analysts recently weighed in on SSB shares. DA Davidson restated a “buy” rating and issued a $125.00 price target on shares of SouthState Bank in a research note on Wednesday, June 10th. Truist Financial cut their price objective on shares of SouthState Bank from $110.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Hovde Group lifted their target price on shares of SouthState Bank from $110.00 to $112.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. TD Cowen decreased their price target on SouthState Bank from $117.00 to $114.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. upped their price target on SouthState Bank from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $117.50.

Check Out Our Latest Stock Report on SouthState Bank

SouthState Bank Stock Performance NYSE SSB opened at $103.06 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.93 and a quick ratio of 0.92. SouthState Bank Corporation has a 1-year low of $84.47 and a 1-year high of $108.46. The business has a 50 day simple moving average of $97.00 and a two-hundred day simple moving average of $97.47. The stock has a market capitalization of $10.07 billion, a PE ratio of 11.12 and a beta of 0.70.

SouthState Bank (NYSE:SSB – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.07. SouthState Bank had a net margin of 24.75% and a return on equity of 10.81%. The company had revenue of $661.70 million for the quarter, compared to analysts’ expectations of $669.28 million. During the same quarter in the previous year, the business posted $0.87 earnings per share. On average, research analysts predict that SouthState Bank Corporation will post 9.51 EPS for the current fiscal year.

SouthState Bank Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 8th were issued a dividend of $0.60 per share. The ex-dividend date was Friday, May 8th. This represents a $2.40 dividend on an annualized basis and a yield of 2.3%. SouthState Bank’s dividend payout ratio (DPR) is presently 25.89%.

Insider Transactions at SouthState Bank In other SouthState Bank news, Director David R. Brooks sold 14,300 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $98.39, for a total value of $1,406,977.00. Following the transaction, the director directly owned 12,700 shares in the company, valued at $1,249,553. This represents a 52.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.70% of the stock is currently owned by company insiders.

SouthState Bank Company Profile (Free Report)

SouthState Bank (NYSE: SSB) is a bank holding company headquartered in Winter Haven, Florida, that provides a range of commercial and retail banking services. Through its subsidiary, SouthState Bank, the company serves businesses, institutions and individuals with deposit, lending and treasury management solutions. Its core business lines include commercial and industrial loans, commercial real estate lending, consumer mortgages and home equity loans.

In addition to traditional lending and deposit products, SouthState Bank offers specialized services such as treasury and cash management, merchant services, payment solutions and online banking.

Read More Five stocks we like better than SouthState Bank AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding SSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SouthState Bank Corporation (NYSE:SSB – Free Report).

Receive News & Ratings for SouthState Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SouthState Bank and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Increases Holdings in Chord Energy Corporation $CHRD

NEXT HEADLINE »Advisortrust Partners LLC Has $1.67 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Allspring Global Investments Holdings LLC reduced its holdings in shares of Boston Scientific Corporation (NYSE:BSX – Free Report) by 49.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,093,483 shares of the medical equipment provider’s stock after selling 1,079,916 shares during the period. Allspring Global Investments Holdings LLC owned about 0.07% of Boston Scientific worth $67,796,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Boston Scientific by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 139,685,997 shares of the medical equipment provider’s stock worth $13,319,060,000 after purchasing an additional 1,436,550 shares during the last quarter. State Street Corp lifted its holdings in Boston Scientific by 1.4% during the 4th quarter. State Street Corp now owns 65,846,059 shares of the medical equipment provider’s stock valued at $6,278,422,000 after buying an additional 920,495 shares in the last quarter. Capital World Investors boosted its position in Boston Scientific by 1.9% in the 4th quarter. Capital World Investors now owns 27,151,575 shares of the medical equipment provider’s stock valued at $2,588,953,000 after buying an additional 502,627 shares during the period. Norges Bank purchased a new stake in Boston Scientific in the 4th quarter valued at about $2,199,395,000. Finally, Morgan Stanley grew its stake in Boston Scientific by 10.8% in the 4th quarter. Morgan Stanley now owns 22,960,556 shares of the medical equipment provider’s stock worth $2,189,289,000 after acquiring an additional 2,246,308 shares in the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Boston Scientific Trading Down 1.5% Shares of NYSE:BSX opened at $43.95 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.90 and a debt-to-equity ratio of 0.42. Boston Scientific Corporation has a 52-week low of $42.20 and a 52-week high of $109.50. The stock has a market cap of $65.33 billion, a price-to-earnings ratio of 18.39, a PEG ratio of 0.86 and a beta of 0.58. The business has a 50-day moving average price of $48.18 and a 200-day moving average price of $65.87.

Boston Scientific (NYSE:BSX – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The medical equipment provider reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Boston Scientific had a return on equity of 19.17% and a net margin of 17.29%.The firm had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.19 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Boston Scientific’s revenue for the quarter was up 11.6% on a year-over-year basis. Boston Scientific has set its Q2 2026 guidance at 0.820-0.840 EPS and its FY 2026 guidance at 3.340-3.410 EPS. Equities analysts predict that Boston Scientific Corporation will post 3.35 EPS for the current year.

Boston Scientific announced that its board has approved a stock repurchase program on Monday, May 18th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the medical equipment provider to purchase up to 6.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth Several research firms have recently weighed in on BSX. Zacks Research downgraded shares of Boston Scientific from a “hold” rating to a “strong sell” rating in a research note on Friday, June 5th. Mizuho dropped their price objective on Boston Scientific from $90.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday. Robert W. Baird set a $70.00 price objective on Boston Scientific in a report on Thursday, May 28th. Wolfe Research lowered Boston Scientific from an “outperform” rating to a “peer perform” rating in a research report on Friday, May 29th. Finally, Bank of America lowered their target price on Boston Scientific from $105.00 to $68.00 and set a “buy” rating for the company in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $79.84.

Get Our Latest Stock Report on BSX

Insider Activity In other Boston Scientific news, Director Cheryl Pegus bought 1,770 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average cost of $56.49 per share, for a total transaction of $99,987.30. Following the completion of the transaction, the director directly owned 1,770 shares of the company’s stock, valued at approximately $99,987.30. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David C. Habiger purchased 2,250 shares of the stock in a transaction on Wednesday, May 20th. The stock was acquired at an average cost of $55.92 per share, for a total transaction of $125,820.00. Following the completion of the acquisition, the director owned 13,878 shares of the company’s stock, valued at $776,057.76. The trade was a 19.35% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 9,800 shares of company stock valued at $554,012 in the last ninety days. Insiders own 0.34% of the company’s stock.

About Boston Scientific (Free Report)

Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

Further Reading Five stocks we like better than Boston Scientific AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding BSX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boston Scientific Corporation (NYSE:BSX – Free Report).

Receive News & Ratings for Boston Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Scientific and related companies with MarketBeat.com's FREE daily email newsletter.

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC boosted its holdings in shares of Virtu Financial, Inc. (NYSE:VIRT – Free Report) by 41.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,928,509 shares of the company’s stock after purchasing an additional 569,057 shares during the quarter. Allspring Global Investments Holdings LLC owned about 1.25% of Virtu Financial worth $85,607,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Algebris UK Ltd. bought a new stake in shares of Virtu Financial in the fourth quarter worth about $22,377,000. Stephens Investment Management Group LLC boosted its stake in Virtu Financial by 27.5% during the first quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after buying an additional 111,437 shares during the last quarter. Robertson Stephens Wealth Management LLC purchased a new position in Virtu Financial during the 4th quarter valued at approximately $2,489,000. Collar Capital Management LLC bought a new stake in Virtu Financial in the 4th quarter worth approximately $1,798,000. Finally, SG Americas Securities LLC increased its stake in Virtu Financial by 216.8% in the 4th quarter. SG Americas Securities LLC now owns 196,488 shares of the company’s stock worth $6,547,000 after acquiring an additional 134,462 shares during the last quarter. 45.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Virtu Financial In other Virtu Financial news, COO Brett Fairclough sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $50.06, for a total value of $1,501,800.00. Following the completion of the transaction, the chief operating officer directly owned 42,473 shares of the company’s stock, valued at approximately $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 46.76% of the company’s stock.

Virtu Financial Stock Performance Shares of VIRT stock opened at $55.78 on Friday. The business has a fifty day moving average of $57.14 and a 200 day moving average of $46.98. Virtu Financial, Inc. has a 1 year low of $31.55 and a 1 year high of $68.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $8.65 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 0.39 and a beta of 0.58.

Virtu Financial (NYSE:VIRT – Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. The company had revenue of $718.00 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, research analysts expect that Virtu Financial, Inc. will post 6.26 earnings per share for the current year.

Virtu Financial Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, June 1st. Virtu Financial’s dividend payout ratio (DPR) is currently 15.89%.

Analyst Upgrades and Downgrades Several equities analysts have commented on the stock. Wall Street Zen upgraded shares of Virtu Financial from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. lifted their target price on Virtu Financial from $44.00 to $51.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Piper Sandler boosted their target price on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday. Zacks Research lowered shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Morgan Stanley raised their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Virtu Financial currently has an average rating of “Hold” and a consensus price target of $55.17.

Check Out Our Latest Research Report on Virtu Financial

Virtu Financial Company Profile (Free Report)

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.

Recommended Stories Five stocks we like better than Virtu Financial AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding VIRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtu Financial, Inc. (NYSE:VIRT – Free Report).

Receive News & Ratings for Virtu Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtu Financial and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEUBS Group Raises Church & Dwight (NYSE:CHD) Price Target to $104.00

Posted by Defense World Staff on Jul 18th, 2026

Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of The Chemours Company (NYSE:CC – Free Report) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 170,000 shares of the specialty chemicals company’s stock, valued at approximately $3,745,000. Chemours makes up about 0.6% of Annis Gardner Whiting Capital Advisors LLC’s holdings, making the stock its 22nd largest position. Annis Gardner Whiting Capital Advisors LLC owned 0.11% of Chemours at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Cooper Creek Partners Management LLC bought a new position in shares of Chemours in the third quarter worth approximately $63,103,000. Scopia Capital Management LP boosted its holdings in Chemours by 71.7% in the 2nd quarter. Scopia Capital Management LP now owns 3,355,261 shares of the specialty chemicals company’s stock worth $38,418,000 after buying an additional 1,401,539 shares during the period. State Street Corp increased its stake in Chemours by 22.7% in the 2nd quarter. State Street Corp now owns 6,114,328 shares of the specialty chemicals company’s stock worth $70,009,000 after buying an additional 1,131,682 shares in the last quarter. Sona Asset Management US LLC increased its stake in Chemours by 176.9% in the 4th quarter. Sona Asset Management US LLC now owns 1,651,275 shares of the specialty chemicals company’s stock worth $19,469,000 after buying an additional 1,055,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Chemours by 36.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,701,294 shares of the specialty chemicals company’s stock valued at $43,638,000 after acquiring an additional 996,012 shares during the period. 76.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets CC has been the subject of several recent analyst reports. Truist Financial upped their price target on Chemours from $27.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada boosted their target price on shares of Chemours from $26.00 to $29.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Zacks Research upgraded shares of Chemours from a “strong sell” rating to a “hold” rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chemours in a research note on Monday, April 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Chemours from $17.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, May 21st. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Chemours presently has a consensus rating of “Hold” and a consensus price target of $24.10.

Read Our Latest Research Report on Chemours

Chemours Stock Performance NYSE:CC opened at $17.56 on Friday. The firm has a market capitalization of $2.64 billion, a PE ratio of -6.65 and a beta of 1.41. The stock’s fifty day moving average is $21.05 and its 200 day moving average is $19.67. The Chemours Company has a fifty-two week low of $10.44 and a fifty-two week high of $28.67. The company has a debt-to-equity ratio of 18.98, a quick ratio of 0.87 and a current ratio of 1.82.

Chemours (NYSE:CC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The specialty chemicals company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.10. Chemours had a negative net margin of 6.82% and a positive return on equity of 52.49%. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the firm earned $0.13 earnings per share. Chemours’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, sell-side analysts anticipate that The Chemours Company will post 1.16 earnings per share for the current year.

Chemours Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Sunday, May 17th were given a $0.0875 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, May 15th. Chemours’s dividend payout ratio is -13.26%.

About Chemours (Free Report)

Chemours Company, established in 2015 as a spin-off from E. I. du Pont de Nemours and Company, is a global chemistry organization headquartered in Wilmington, Delaware. Since its formation, Chemours has focused on delivering performance chemicals that help customers lower their carbon footprint, increase energy efficiency and conserve water. The company operates with a commitment to safety, environmental stewardship and innovation.

Chemours’ principal business activities are organized into three core segments.

Read More Five stocks we like better than Chemours AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings

Receive News & Ratings for Chemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chemours and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINECommunity Healthcare Trust (NYSE:CHCT) Now Covered by Analysts at Huntington

NEXT HEADLINE »National Healthcare Properties (NASDAQ:NHP) Coverage Initiated by Analysts at Huntington

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC reduced its position in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 13.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 346,096 shares of the insurance provider’s stock after selling 54,370 shares during the period. Allspring Global Investments Holdings LLC owned about 0.06% of Progressive worth $66,921,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allstate Corp boosted its stake in shares of Progressive by 106.1% in the 4th quarter. Allstate Corp now owns 44,513 shares of the insurance provider’s stock valued at $10,136,000 after purchasing an additional 22,915 shares during the last quarter. Norges Bank bought a new position in Progressive during the fourth quarter worth $1,836,094,000. Investment House LLC bought a new position in Progressive during the fourth quarter worth $8,447,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Progressive by 5.7% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,807,068 shares of the insurance provider’s stock valued at $411,506,000 after buying an additional 97,275 shares during the period. Finally, Van Cleef Asset Management Inc lifted its holdings in Progressive by 1.2% in the fourth quarter. Van Cleef Asset Management Inc now owns 761,587 shares of the insurance provider’s stock valued at $173,429,000 after buying an additional 9,017 shares during the period. Institutional investors and hedge funds own 85.34% of the company’s stock.

Insider Transactions at Progressive In related news, insider Steven Broz sold 1,157 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $204.76, for a total transaction of $236,907.32. Following the transaction, the insider directly owned 27,511 shares of the company’s stock, valued at $5,633,152.36. This trade represents a 4.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jeffrey D. Kelly sold 7,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $216.33, for a total transaction of $1,514,310.00. Following the transaction, the director owned 22,546 shares in the company, valued at approximately $4,877,376.18. This trade represents a 23.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,230 shares of company stock worth $3,165,817 in the last quarter. 0.32% of the stock is currently owned by corporate insiders.

Progressive News Roundup Here are the key news stories impacting Progressive this week:

Positive Sentiment: Reuters reported that Progressive’s quarterly profit rose on higher auto insurance demand, reinforcing the view that core underwriting and pricing trends remain healthy. Progressive’s quarterly profit rises on higher auto insurance demand Positive Sentiment: Some commentary remains constructive after Q2, noting that Progressive continues to grow policies and remains a leading property and casualty insurer, which may help investor confidence. Progressive Is The P&C Insurer To Hold, After Policies Grow In Q2 Neutral Sentiment: Bank of America raised its price target to $308 and kept a buy rating, signaling optimism even though the target was trimmed slightly from prior levels. Progressive Given New $308.00 Price Target at Bank of America Neutral Sentiment: Other analysts also reduced their forecasts after the mixed Q2 report, but several still view the shares as fairly valued to modestly attractive from current levels. Progressive Analysts Slash Their Forecasts After Q2 Results Negative Sentiment: BMO Capital Markets cut its price target to $205 and kept a market perform rating, reflecting a more cautious stance following the earnings release. BMO Capital Markets price target cut Negative Sentiment: Keefe, Bruyette & Woods also lowered its target to $226 and maintained a market perform rating, adding to the post-earnings analyst headwinds. KBW price target cut Analyst Ratings Changes A number of brokerages have weighed in on PGR. William Blair reiterated a “market perform” rating on shares of Progressive in a report on Wednesday. UBS Group boosted their price objective on Progressive from $220.00 to $230.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. HSBC upped their target price on Progressive from $214.00 to $221.00 and gave the company a “hold” rating in a research report on Monday, July 6th. Mizuho lifted their target price on Progressive from $217.00 to $243.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada set a $208.00 price target on Progressive in a research note on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Progressive has an average rating of “Hold” and a consensus price target of $235.05.

Get Our Latest Analysis on PGR

Progressive Stock Up 0.9% PGR stock opened at $207.73 on Friday. The firm has a market capitalization of $121.38 billion, a PE ratio of 10.42, a P/E/G ratio of 3.87 and a beta of 0.26. The company has a quick ratio of 0.27, a current ratio of 0.32 and a debt-to-equity ratio of 0.24. The Progressive Corporation has a twelve month low of $189.20 and a twelve month high of $254.93. The stock’s 50 day moving average is $208.77 and its 200-day moving average is $206.50.

Progressive (NYSE:PGR – Get Free Report) last announced its quarterly earnings results on Wednesday, April 15th. The insurance provider reported $4.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.67 by $0.13. The business had revenue of $22.19 billion during the quarter, compared to the consensus estimate of $23.51 billion. Progressive had a return on equity of 32.92% and a net margin of 12.84%.Progressive’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.37 earnings per share. Sell-side analysts expect that The Progressive Corporation will post 17.39 EPS for the current fiscal year.

Progressive Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 2nd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, July 2nd. Progressive’s payout ratio is currently 2.03%.

Progressive Profile (Free Report)

Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders.

The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network.

Featured Stories Five stocks we like better than Progressive AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident GE Aerospace Faces a Prove-It Moment in Q2 Earnings Want to see what other hedge funds are holding PGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Progressive Corporation (NYSE:PGR – Free Report).

Receive News & Ratings for Progressive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Progressive and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEHealthcare Stocks To Follow Now – July 16th

Uniswap has officially submitted three governance proposals for protocol fee activation across several chains and different versions of the DEX.

The first fee proposal will be for versions 2 (V2) and 3 (V3) on the Robinhood chain. The new Ethereum L2 debuted this month, attracting several DEXes, including Uniswap. About 10 days after launch, Uniswap crossed $1B in trading volume – ultimately showing its growing traction. 

Similarly, the project seeks to activate fees on V4 across Ethereum, Base, Arbitrum, Robinhood, BNB Chain, Polygon and Optimism. Hayden Adams, Uniswap’s CEO, added that a third fee proposal for remaining V4 chains will also be submitted soon. 

Adams said, 

Both direct all new protocol fees into the existing UNI burn mechanism. Based on current volumes, especially Robinhood, we expect the impact on UNI burn to be substantial.

Mixed reactions to Uniswap’s fee proposal For clarity, fees are what users pay for each swap on the DEX, and they mostly go to liquidity providers (LPs). Protocol revenue (which is partly directed for UNI burn) is a percentage of the swap fees that goes to the project after a governance vote. 

In other words, such proposals would directly reduce fees collected by LPs. As such, it was not surprising that some LP providers like Gamma Strategies opposed V4 fee proposals because they would affect their lifeline. 

Still, Gamma Strategies made a sound argument for their opposition, noting that Uniswap V4 was still not competitive enough and the fees would make it lose to rivals.

It (V4) still lags Uniswap V3 in terms of volumes, and there’s evermore increasing competition from AMMs, propAMMs, RFQ’s, and spot limit order book DEX’s such as Lighter/Hyperliquid.

Source: Uniswap governance  That said, Uniswap has only activated fees across a few chains and versions. However, most of the fees collected go to LPs.

In fact, LPs have made a whopping +$5B in cumulative fees since 2018. Yet, the protocol has made only $25M in cumulative revenue.   

Source: DeFiLlama  If the proposal goes through and is balanced with competition, more protocol revenue would translate to more UNI burn rates, as Adams projected. 

That said, the project has now burned a total of 107.49M UNI tokens. UNI burn rate surged 3x from $51K to over $160K in the past week. 

Can UNI extend its July rally? The Robinhood traction was front-run by traders as the Uniswap [UNI] price surged. In July, UNI price surged 41% from $2.7 to $3.8. 

But the bullish strength has eased as the price stalled below the 200-day Moving Average (blue line). As such, price could remain sideways above $3.5 or slip to $3 if Robinhood momentum stabilizes. 

Source: UNI/USDT, TradingView  But the next move higher could be triggered by renewed Robinhood momentum and if the fee proposals drive more UNI burn. 

Final Summary Uniswap pushes three fee protocol fee proposals to accelerate UNI burn.  Currently, Uniswap LPs have accrued over $5B while the protocol makes relatively little revenue 

July's top 5 dividend picks—PEP, CUBE, NLY, SCL, CMCSA—offer an average 16.3% expected annual total return and 6.0% yield, all trading at deep discounts. I rate PepsiCo (PEP) a Strong Buy, projecting a 17.2% annual return and a 30.5% discount to fair value, with transitory headwinds expected to subside. CubeSmart (CUBE), Annaly Capital (NLY), Stepan (SCL), and Comcast (CMCSA) are all Buys, each positioned for double-digit returns as macro conditions normalize.