Principal Financial Group Inc. lifted its position in Scholastic Corp (NASDAQ:SCHL) by 2.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 211,473 shares of the company’s stock after buying an additional 4,280 shares during the period. Principal Financial Group Inc.’s holdings in Scholastic were worth $8,214,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHL. Millennium Management LLC bought a new stake in shares of Scholastic in the 4th quarter valued at $382,000. MetLife Investment Advisors LLC bought a new stake in shares of Scholastic in the 4th quarter valued at $537,000. SG Americas Securities LLC bought a new stake in shares of Scholastic in the 1st quarter valued at $102,000. Schwab Charles Investment Management Inc. increased its position in shares of Scholastic by 7.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 281,658 shares of the company’s stock valued at $10,940,000 after buying an additional 20,612 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in shares of Scholastic in the 1st quarter valued at $214,000. Institutional investors and hedge funds own 80.70% of the company’s stock.
Hot High Tech Stocks To Invest In 2019: ABAXIS Inc.(ABAX)
Advisors’ Opinion:
- [By Lisa Levin]
Breaking news
Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis, Inc. (NASDAQ: ABAX) for $83 per share in cash.
Boot Barn Holdings Inc (NYSE: BOOT) reported upbeat results for its fourth quarter and issued strong first-quarter earnings guidance.
CELYAD SA/ADR (NASDAQ: CYAD) reported launch of 1.8 million share offering.
Verastem Inc (NASDAQ: VSTM) shares dropped 12 percent in pre-market trading after announcing a $35 million common stock offering. - [By Lisa Levin]
Abaxis, Inc. (NASDAQ: ABAX) shares were also up, gaining 16 percent to $83.08. Zoetis Inc. (NYSE: ZTS) announced plans to acquire Abaxis for $83 per share in cash.
- [By Chris Lange]
Abaxis Inc. (NASDAQ: ABAX) shares hit an all-time high early on Wednesday after it was announced that Zoetis Inc. (NYSE: ZTS) would be acquiring the firm. The acquisition is expected to enhance Zoetis’ presence in veterinary diagnostics, a category of the animal health industry with approximately 10% compound annual growth over the past three years.
- [By Logan Wallace]
TRADEMARK VIOLATION NOTICE: “Brokerages Expect Abaxis (ABAX) Will Post Earnings of $0.32 Per Share” was posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at www.tickerreport.com/banking-finance/3373644/brokerages-expect-abaxis-abax-will-post-earnings-of-0-32-per-share.html.
- [By Logan Wallace]
Shares of Abaxis (NASDAQ:ABAX) have been assigned a consensus rating of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $58.33.
Hot High Tech Stocks To Invest In 2019: Avnet, Inc.(AVT)
Advisors’ Opinion:
- [By Joseph Griffin]
Aventus (CURRENCY:AVT) traded up 19.4% against the dollar during the 1-day period ending at 21:00 PM ET on October 7th. Aventus has a market capitalization of $2.53 million and approximately $56,790.00 worth of Aventus was traded on exchanges in the last day. In the last seven days, Aventus has traded up 3.3% against the dollar. One Aventus token can currently be bought for approximately $0.42 or 0.00006398 BTC on major cryptocurrency exchanges including Mercatox, Gatecoin, Ethfinex and HitBTC.
- [By Joseph Griffin]
TLP Group LLC bought a new position in Avnet (NYSE:AVT) in the first quarter, HoldingsChannel reports. The fund bought 10,320 shares of the technology company’s stock, valued at approximately $431,000.
- [By Ethan Ryder]
TheStreet downgraded shares of Avnet (NYSE:AVT) from a b rating to a c rating in a research report sent to investors on Wednesday morning.
Other equities analysts have also recently issued reports about the company. Citigroup increased their target price on Avnet from $37.00 to $39.00 and gave the company a sell rating in a research note on Thursday, August 9th. Pivotal Research raised Avnet from a hold rating to a buy rating and upped their price target for the company from $42.00 to $50.00 in a research report on Friday, June 15th. Zacks Investment Research lowered Avnet from a buy rating to a hold rating in a research report on Wednesday. Bank of America raised Avnet from a neutral rating to a buy rating and upped their price target for the company from $44.00 to $55.00 in a research report on Friday, August 10th. Finally, Wells Fargo & Co assumed coverage on Avnet in a research report on Tuesday, July 17th. They set a market perform rating and a $47.00 price target on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. Avnet currently has an average rating of Hold and a consensus price target of $45.14.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Avnet (AVT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Robeco Institutional Asset Management B.V. raised its holdings in Avnet (NYSE:AVT) by 36.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,627 shares of the technology company’s stock after purchasing an additional 17,261 shares during the period. Robeco Institutional Asset Management B.V. owned 0.05% of Avnet worth $2,772,000 at the end of the most recent reporting period.
Hot High Tech Stocks To Invest In 2019: iKang Healthcare Group, Inc.(KANG)
Advisors’ Opinion:
- [By Shane Hupp]
TheStreet cut shares of iKang Healthcare Group (NASDAQ:KANG) from a c rating to a d+ rating in a research note released on Wednesday morning.
Other equities research analysts have also recently issued reports about the stock. BidaskClub cut shares of iKang Healthcare Group from a strong-buy rating to a buy rating in a report on Tuesday, May 8th. ValuEngine upgraded shares of iKang Healthcare Group from a hold rating to a buy rating in a report on Saturday, June 2nd.
- [By Motley Fool Staff]
iKang Healthcare Group (NASDAQ:KANG) Q4 2017 Earnings Conference CallJun. 22, 2018 8:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Max Byerly]
BidaskClub upgraded shares of iKang Healthcare Group (NASDAQ:KANG) from a strong sell rating to a sell rating in a research note released on Tuesday.