Northern Trust Corp grew its stake in shares of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) by 16.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 543,774 shares of the biopharmaceutical company’s stock after buying an additional 78,445 shares during the period. Northern Trust Corp owned 1.10% of Arena Pharmaceuticals worth $21,479,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System lifted its position in shares of Arena Pharmaceuticals by 3.4% during the 4th quarter. California Public Employees Retirement System now owns 51,400 shares of the biopharmaceutical company’s stock valued at $1,746,000 after buying an additional 1,700 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Arena Pharmaceuticals by 5.0% during the 1st quarter. Rhumbline Advisers now owns 37,698 shares of the biopharmaceutical company’s stock valued at $1,489,000 after buying an additional 1,810 shares in the last quarter. Swiss National Bank lifted its position in shares of Arena Pharmaceuticals by 4.9% during the 4th quarter. Swiss National Bank now owns 66,730 shares of the biopharmaceutical company’s stock valued at $2,267,000 after buying an additional 3,100 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Arena Pharmaceuticals by 23.0% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 20,043 shares of the biopharmaceutical company’s stock valued at $792,000 after buying an additional 3,743 shares in the last quarter. Finally, American International Group Inc. lifted its holdings in Arena Pharmaceuticals by 15.8% in the 1st quarter. American International Group Inc. now owns 30,671 shares of the biopharmaceutical company’s stock worth $1,212,000 after purchasing an additional 4,184 shares in the last quarter. 78.23% of the stock is currently owned by hedge funds and other institutional investors.
Hot Value Stocks To Own Right Now: UGI Corporation(UGI)
Advisors’ Opinion:
- [By Stephan Byrd]
Mountain Pacific Investment Advisers Inc. ID reduced its holdings in UGI Co. (NYSE:UGI) by 0.9% during the 1st quarter, HoldingsChannel reports. The fund owned 313,995 shares of the utilities provider’s stock after selling 2,800 shares during the quarter. Mountain Pacific Investment Advisers Inc. ID’s holdings in UGI were worth $13,948,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Quantitative Systematic Strategies LLC boosted its holdings in shares of UGI Co. (NYSE:UGI) by 35.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,986 shares of the utilities provider’s stock after acquiring an additional 2,359 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in UGI were worth $399,000 at the end of the most recent quarter.
- [By Logan Wallace]
Rhumbline Advisers trimmed its stake in shares of UGI Co. (NYSE:UGI) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 299,796 shares of the utilities provider’s stock after selling 7,970 shares during the quarter. Rhumbline Advisers owned about 0.17% of UGI worth $13,317,000 as of its most recent filing with the Securities and Exchange Commission.
Hot Value Stocks To Own Right Now: HNI Corporation(HNI)
Advisors’ Opinion:
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Halliburton Company (NYSE: HAL) to report quarterly earnings at $0.42 per share on revenue of $5.75 billion before the opening bell. Halliburton shares fell 0.06 percent to $51.93 in after-hours trading.
Analysts expect Alphabet Inc. (NASDAQ: GOOGL) to post quarterly earnings at $9.33 per share on revenue of $30.31 billion after the closing bell. Alphabet shares gained 0.24 percent to $1,079.88 in after-hours trading.
Before the markets open, Lennox International Inc. (NYSE: LII) is projected to report quarterly earnings at $1.09 per share on revenue of $815.16 million. Lennox shares dropped 2.84 percent to close at $197.08 on Friday.
HNI Corporation (NYSE: HNI) reported retirement of its CEO Stan A. Askren and appointment of Jeffrey D. Lorenger as new CEO. HNI also reported strong earnings for its first quarter. HNI shares fell 3.17 percent to $34.20 in the after-hours trading session.
Analysts are expecting Hasbro, Inc. (NASDAQ: HAS) to have earned $0.35 per share on revenue of $822.15 million in the latest quarter. Hasbro will release earnings before the markets open. Hasbro shares fell 0.39 percent to $82.49 in after-hours trading.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Hot Value Stocks To Own Right Now: Orange(ORAN)
Advisors’ Opinion:
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Orange (ORAN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Anders Bylund, Timothy Green, and Dan Caplinger]
The trick is to separate high-quality income generators from their lower-quality peers. So we asked a few of your fellow investors here at The Motley Fool to share their best dividend ideas with yields of 4% or more. Read on to see why they recommend tech titanInternational Business Machines(NYSE:IBM), international telecomOrange(NYSE:ORAN), and energy giantExxonMobil(NYSE:XOM).
- [By Shane Hupp]
ValuEngine downgraded shares of Orange (NYSE:ORAN) from a buy rating to a hold rating in a research report released on Monday morning.
ORAN has been the topic of several other reports. Zacks Investment Research cut Orange from a hold rating to a sell rating in a research report on Wednesday, April 25th. BNP Paribas raised Orange from an underperform rating to a neutral rating in a research report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Orange has a consensus rating of Hold and an average price target of $19.00.
Hot Value Stocks To Own Right Now: Mallinckrodt plc(MNK)
Advisors’ Opinion:
- [By Ethan Ryder]
Stifel Financial Corp grew its position in Mallinckrodt PLC (NYSE:MNK) by 154.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,693 shares of the company’s stock after acquiring an additional 31,966 shares during the quarter. Stifel Financial Corp’s holdings in Mallinckrodt were worth $751,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Lisa Levin] Companies Reporting Before The Bell
Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion.
Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion.
Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion.
Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion.
Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million.
The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion.
Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion.
US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion.
DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion.
Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million.
Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion.
Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion.
Petróleo Brasileiro S.A. – Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion.
JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion.
Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o - [By Max Byerly]
Mallinckrodt (NYSE: MNK) and ANI Pharmaceuticals Inc Common Stock (NASDAQ:ANIP) are both small-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their risk, dividends, analyst recommendations, institutional ownership, valuation, earnings and profitability.
- [By Joseph Griffin]
Mallinckrodt PLC (NYSE:MNK) shares rose 2.8% during trading on Thursday . The company traded as high as $18.64 and last traded at $18.71. Approximately 129,799 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 2,879,913 shares. The stock had previously closed at $18.20.
Hot Value Stocks To Own Right Now: Hudson Technologies, Inc.(HDSN)
Advisors’ Opinion:
- [By Lisa Levin]
Check out these big penny stock gainers and losers
Losers
MDC Partners Inc. (NASDAQ: MDCA) fell 23.4 percent to $5.25 in pre-market trading after a first-quarter earnings miss.
Hudson Technologies Inc. (NASDAQ: HDSN) shares fell 15.1 percent to $3.48 in pre-market trading after the company reported downbeat Q1 earnings.
Nuance Communications, Inc. (NASDAQ: NUAN) fell 14 percent to $13.15 in pre-market trading after the company posted downbeat Q2 earnings and lowered FY18 organic growth guidance.
Myomo, Inc. (NYSE: MYO) fell 13.2 percent to $3.10 in pre-market trading after reporting downbeat quarterly results.
Rowan Companies plc (NYSE: RDC) shares fell 10.7 percent to $14.13 in pre-market trading after climbing 8.50 percent on Wednesday.
BT Group plc (NYSE: BT) fell 9 percent to $14.80 in pre-market trading after the company reported Q4 results and announced plans to cut 13,000 jobs over the next three years.
Exelixis, Inc. (NASDAQ: EXEL) fell 8.3 percent to $19.90 in pre-market trading after the company disclosed that IMblaze370 Phase 3 pivotal trial of atezolizumab and cobimetinib in patients with heavily pretreated locally advanced or metastatic colorectal cancer did not meet primary endpoint.
Infinera Corporation (NASDAQ: INFN) fell 8.2 percent to $10.80 in pre-market trading after reporting Q1 results.
Synaptics, Incorporated (NASDAQ: SYNA) shares fell 7.4 percent to $43.00 in pre-market trading. Synaptics reported better-than-expected earnings for its third quarter, while sales missed estimates.
Randgold Resources Limited (NASDAQ: GOLD) shares fell 7.4 percent to $76.23 in pre-market trading after reporting Q1 earnings.
Integra LifeSciences Holdings Corporation (NASDAQ: IART) shares fell 7 percent to $59.36 in pre-market trading. Integra LifeSciences priced its 5.25 million share public offering of common stock at $58.50 per share.
Array BioPharma Inc. (NASDAQ: ARRY) shares fell 6.9 percent to $12.75 in pre-m - [By Lisa Levin]
Hudson Technologies Inc. (NASDAQ: HDSN) was down, falling around 29 percent to $2.9199 after the company reported downbeat Q1 earnings.
Commodities
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Hudson Technologies (HDSN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers
Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity.
Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process.
Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results.
Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58.
Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009.
The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results.
Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613.
Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan.
AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65.
nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results.
Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303.
Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results.
Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake.
HUYA Inc. (NYSE: HUYA) gained 13.1 - [By Lisa Levin]
Hudson Technologies Inc. (NASDAQ: HDSN) was down, falling around 25 percent to $3.07 after the company reported downbeat Q1 earnings.
Commodities
- [By Shane Hupp]
Hudson Technologies (NASDAQ:HDSN) released its quarterly earnings results on Wednesday. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.03), Bloomberg Earnings reports. Hudson Technologies had a return on equity of 6.44% and a net margin of 1.64%. The business had revenue of $42.43 million during the quarter, compared to the consensus estimate of $45.88 million.
