Investment company T Rowe Price Equity Income Fund buys Tyson Foods Inc, Southern Co, Fifth Third Bancorp, Gilead Sciences Inc, sells Royal Dutch Shell PLC, The AES Corp, Marsh & McLennan Inc, Cummins Inc, Xcel Energy Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, T Rowe Price Equity Income Fund. As of 2017-06-30, T Rowe Price Equity Income Fund owns 101 stocks with a total value of $21.4 billion. These are the details of the buys and sells.
New Purchases: TSN, Added Positions: SO, FITB, GILD, USB, FOX, WFC, CF, XOM, RYN, QCOM, Reduced Positions: RDS.A, AES, BA, PFE, CMI, MMC, XEL, AXP, CCL, NTRS, Sold Out: HSY, FE, OZM,
For the details of T Rowe Price Equity Income Fund’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=T+Rowe+Price+Equity+Income+Fund
These are the top 5 holdings of T Rowe Price Equity Income FundJPMorgan Chase & Co (JPM) – 8,858,800 shares, 3.79% of the total portfolio. Shares reduced by 0.13%Exxon Mobil Corp (XOM) – 6,741,500 shares, 2.54% of the total portfolio. Shares added by 2.92%Wells Fargo & Co (WFC) – 9,637,800 shares, 2.5% of the total portfolio. Shares added by 3.35%Morgan Stanley (MS) – 10,611,600 shares, 2.21% of the total portfolio. Shares reduced by 0.13%Johnson & Johnson (JNJ) – 3,495,600 shares, 2.16% of the total portfolio. Shares reduced by 0.13%New Purchase: Tyson Foods Inc (TSN)
T Rowe Price Equity Income Fund initiated holdings in Tyson Foods Inc. The purchase prices were between $57.34 and $65.39, with an estimated average price of $61.29. The stock is now traded at around $61.67. The impact to the portfolio due to this purchase was 1.08%. The holdings were 3,695,300 shares as of 2017-06-30.
Top Value Stocks To Buy Right Now: Valeant Pharmaceuticals International Inc(VRX)
- [By Chris Lange]
Valeant Pharmaceuticals International Inc. (NYSE: VRX) second-quarter results also are scheduled for Tuesday. The consensus forecast is $2.24 billion in revenue and earnings per share (EPS) of $0.97. Shares were last seen at $15.13. The 52-week range is $8.31 to $32.74.
- [By Todd Campbell]
Valeant Pharmaceuticals (NYSE:VRX) shares are on a tear, and the company’s first-quarter financial results show that management is making headway in paying down debt. However, the business itself continues to sputter, and ultimately this rally could be short-lived if sales can’t find their footing.
- [By WWW.THESTREET.COM]
On Tuesday, it’s Domino’s Pizza (DPZ) , Target (TGT) and Valeant Pharmaceuticals (VRX) reporting. Cramer was bullish on Domino’s but warned it may be a target for short sellers. He was also cautiously optimistic on both Target and Valeant.
- [By Paul Ausick]
Valeant Pharmaceuticals International Inc. (NYSE: VRX) dropped about 3.7% Tuesday to post a new 52-week low of $10.08 after closing Monday at $10.47. The stock’s 52-week high is $38.50. Volume of about 14 million shares was about 30% below the daily average of around 19 million. The company said on Monday that CEO Joseph Papa took home total compensation of nearly $63 million as the stock was losing 62% of its value. The numbers speak for themselves.
- [By Keith Speights]
It’s been a long time since Valeant Pharmaceuticals (NYSE:VRX) stock was in a legitimate uptrend. Despite the hiring of a new CEO last year to right the ship, Valeant’s share price has continued to fall.
Top Value Stocks To Buy Right Now: Ring Energy, Inc.(REI)
- [By Monica Gerson]
Ring Energy Inc (NYSE: REI) is projected to post a quarterly loss at $0.05 per share on revenue of $7.92 million.
Gain Capital Holdings Inc (NYSE: GCAP) is estimated to post its quarterly earnings at $0.07 per share on revenue of $100.39 million.
Top Value Stocks To Buy Right Now: Cracker Barrel Old Country Store Inc.(CBRL)
- [By Monica Gerson]
Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) is projected to report its quarterly earnings at $1.80 per share on revenue of $705.65 million.
- [By Shauna O’Brien]
Cracker Barrel Old Country Store, Inc. (CBRL) shares dropped over 4% on Wednesday morning after the company reported lower fourth quarter earnings and a weak outlook for its first quarter.
The Lebanon, TN-based company reported fourth quarter earnings of $34.3 million, or $1.43 per share, down slightly from $34.7 million, or $1.47 per share, a year ago. On average, analysts expected to see earnings of $1.35 per share.
Total revenue fell to $646.1 million from $700.01 million last year. Analysts expected to see revenue of $668.68 million.
Cracker Barrel President and CEO Sandra Cochran commented: “The fourth quarter of fiscal 2013 represents the seventh consecutive quarter of year-over-year improvement in comparable store traffic, restaurant sales, and retail sales. The financial results of the fourth quarter and full year reflect the effective execution of our strategic plan. As we begin our 2014 fiscal year, we are poised to capitalize on the achievements of fiscal 2013.”
For FY2013, CBRL’s earnings rose 14% to $117.27 million, while EPS rose to $4.90 per share. On an adjusted basis, earnings were $4.97 per share, up 15% from the year prior. Total revenue for the year was $2.64 billion, up 3% from a year ago.
Looking forward, the company expects to see first quarter earnings between $1.05 and $1.15 per share. This estimate would fall significantly below the average analyst estimate of $1.32 per share.
For FY2014, the company expects EPS in the range of $5.60 to $5.80 and revenue between $2.7 billion and $2.75 billion. Analysts expect to see earnings of $5.69 per share and $2.74 billion in revenue.
Cracker Barrel shares were down $4.70, or 4.39%, during Wednesday morning trading. The stock is up 59% YTD.
- [By Peter Graham]
Mid capSouthern chicken restaurant stock Cracker Barrel Old Country Store, Inc (NASDAQ: CBRL) reportedearnings for fiscal Q1 2018 (ended October 27, 2017) before the market opened with results topping Wall Street expectations. Total revenue rose 0.1%to $710.4 million as comparable store restaurant sales increased 0.2%, including a 2.0% increase in average check partially offset by a 1.8% decrease in store traffic. The average menu price increase for the quarter was approximately 2.2% whilecomparable store retail sales decreased 3.6% from the prior year quarter. The Company opened two new Holler & Dash Biscuit House locations during the quarter, bringing the store count to 651 combined Cracker Barrel Old Country Store and Holler & Dash Biscuit House locations at quarter-end. Net income was $46.380 million versus net income of $48.355 million. Earnings per diluted share were $1.92, compared to diluted EPS of $2.01 in the prior year first quarter with the Company estimating that hurricanes Harvey and Irma reduced first quarter diluted EPS by approximately $0.07.
- [By Monica Gerson]
Analysts are expecting Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) to have earned $1.80 per share on revenue of $705.65 million in the latest quarter. Cracker Barrel shares gained 0.67 percent to $152.50 in after-hours trading.