LSV Asset Management reduced its stake in Ennis, Inc. (NYSE:EBF) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,072,777 shares of the industrial products company’s stock after selling 124,569 shares during the period. LSV Asset Management’s holdings in Ennis were worth $20,650,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in EBF. Renaissance Technologies LLC raised its stake in Ennis by 20.5% in the third quarter. Renaissance Technologies LLC now owns 1,151,600 shares of the industrial products company’s stock worth $23,550,000 after buying an additional 196,300 shares in the last quarter. Acadian Asset Management LLC raised its stake in Ennis by 1,504.3% in the third quarter. Acadian Asset Management LLC now owns 99,191 shares of the industrial products company’s stock worth $2,028,000 after buying an additional 93,008 shares in the last quarter. Regal Investment Advisors LLC bought a new position in Ennis in the third quarter worth about $1,850,000. JPMorgan Chase & Co. raised its stake in Ennis by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 523,976 shares of the industrial products company’s stock worth $10,715,000 after buying an additional 55,981 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Ennis by 1.5% in the third quarter. Wells Fargo & Company MN now owns 2,336,078 shares of the industrial products company’s stock worth $47,774,000 after buying an additional 34,029 shares in the last quarter. 80.02% of the stock is owned by institutional investors.
Best Safest Stocks For 2021: Alaska Air Group, Inc.(ALK)
Alaska Air Group (“Air Group”) operates Alaska Airlines (“Alaska”) and Horizon Air (“Horizon”), which together with its partner regional airlines serve more than 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada, Mexico, and Costa Rica. During 2015, we carried an all-time high 32 million passengers and earned record full-year adjusted earnings of $842 million.
Our objective is to be one of the most respected U.S. airlines by our customers, employees, and shareholders. We believe our success depends on our ability to provide safe air transportation, develop relationships with customers by providing exceptional customer service and low fares, and maintain a competitive cost structure to compete effectively. It is important to us that we achieve our objective as a socially responsible company that values not just our performance, but also our people, our community, and our environment. Advisors’ Opinion:
- [By Adam Levine-Weinberg]
Shares of JetBlue Airways (NASDAQ:JBLU) and Alaska Air (NYSE:ALK) have struggled in recent years because of rising costs and subpar unit revenue results. In fact, both stocks have lost about a quarter of their value over the past three years, dramatically underperforming peers and the broader stock market.
- [By Adam Levine-Weinberg]
In fact, Southwest priced some flights from California to Hawaii as low as $49 one way for a limited time. Yet due to the high pent-up demand for Southwest Airlines flights to Hawaii, these low fares don’t pose a big threat to competitors like Hawaiian Holdings (NASDAQ:HA) and Alaska Air (NYSE:ALK).
- [By Shane Hupp]
Alaska Air Group, Inc. (NYSE:ALK) – Imperial Capital decreased their Q1 2019 earnings per share estimates for Alaska Air Group in a report released on Wednesday, February 20th. Imperial Capital analyst M. Derchin now anticipates that the transportation company will post earnings per share of $0.13 for the quarter, down from their prior estimate of $0.25. Imperial Capital currently has a “Outperform” rating and a $90.00 target price on the stock. Imperial Capital also issued estimates for Alaska Air Group’s Q4 2019 earnings at $1.54 EPS.
- [By Joseph Griffin]
Cullen Frost Bankers Inc. raised its stake in Alaska Air Group, Inc. (NYSE:ALK) by 3,263.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,243 shares of the transportation company’s stock after acquiring an additional 152,568 shares during the quarter. Cullen Frost Bankers Inc. owned about 0.13% of Alaska Air Group worth $9,568,000 at the end of the most recent reporting period.
Best Safest Stocks For 2021: OncoMed Pharmaceuticals, Inc.(OMED)
OncoMed Pharmaceuticals, Inc., a clinical development-stage biotechnology company, discovers and develops protein therapeutics targeting cancer stem cells (CSCs). Its product candidates target CSCs by blocking self-renewal and driving differentiation of CSCs toward a non-tumorigenic state, as well as impact bulk tumor cells. The companys product candidates and preclinical programs include Demcizumab (Anti-DLL4, OMP-21M18), a humanized monoclonal antibody that is in two Phase II clinical trials and one Phase Ib/II clinical trial for the treatment of patients with non-small-cell lung cancer and pancreatic cancer; Anti-DLL4/Anti-vascular endothelial growth factor (VEGF) Bispecific, which has completed preclinical trial that targets and inhibits DLL4 and vascular endothelial growth factor (VEGF); Tarextumab (Anti-Notch2/3, OMP-59R5), a human monoclonal antibody that targets the Notch2 and Notch3 receptors that is in Phase II clinical trials; Brontictuzumab (Anti-Notch1, OMP-52M51), a human monoclonal antibody, which completed single-agent Phase I trial for the treatment of solid tumor; and Vantictumab ((Anti-Fzd7, OMP-18R5) that completed a Phase I single-agent trial in tumor patients. Its products also include Ipafricept (Fzd8-Fc, OMP-54F28), a fusion protein based Frizzled8 receptor or Fzd8, which is in Phase I single agent trial; Wnt biologic #3, an additional bispecific biologic product candidate in preclinical studies; Wnt small molecule inhibitors, which is in preclinical testing; and RSPO-LGR, a CSC pathway that is in preclinical study of antibodies. OncoMed Pharmaceuticals, Inc. has strategic alliances with GlaxoSmithKline LLC to develop anti-CSC antibody therapeutics targeting the Notch signaling pathway; Bayer Pharma AG for anti-CSC biologic and small molecule therapeutics targeting the Wnt signaling pathway; and Celgene Corporation for anti-CSC product candidates. The company was founded in 2004 and is headquartered in Redwood City, California.
- [By Max Byerly]
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Get Oncomed Pharmaceuticals alerts:
Recent Technicals: OncoMed Pharmaceuticals (NASDAQ: OMED) (reagentsglobalmarket.com) OncoMed Pharmaceuticals, Inc. (NasdaqGS:OMED) Book to Market Valuation Stands at 0.479899 (vassarnews.com) Zacks: Analysts Expect Oncomed Pharmaceuticals Inc (OMED) Will Announce Quarterly Sales of $7.97 Million (americanbankingnews.com) Oncomed Pharmaceuticals Inc (OMED) Expected to Post Earnings of -$0.20 Per Share (americanbankingnews.com) Oncomed Pharmaceuticals Inc (OMED) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Several brokerages have weighed in on OMED. Zacks Investment Research cut shares of Oncomed Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday, August 21st. ValuEngine raised shares of Oncomed Pharmaceuticals from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 2nd. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $4.30.
Best Safest Stocks For 2021: Pacific American Income Shares, Inc.(PAI)
Western Asset Income Fund (the Fund) is a closed-end diversified investment company. The Funds primary investment objective is to provide current income through investment in a diversified portfolio of debt securities. Its secondary investment objective is capital appreciation. Western Asset Income Fund seeks to invest at least 75% in debt securities rated within the four highest grades, and in government securities, bank debt, commercial paper, cash or cash equivalents, and up to 25% in other fixed-income securities, convertible bonds, convertible preferred and preferred stock. It seeks to invest not more than 25% of its assets in securities restricted as to resale.
Western Asset Income Fund’s portfolio includes corporate bonds and notes, Yankee bonds, and the United States Government and Agency obligations. The Fund invests in various industries, including aerospace and defense, airlines, automobiles, commercial banks, diversified financial services, diversified telecommunication services, electric utilities, healthcare providers and services, media, and oil, gas and consumable fuels. The Funds investment advisors are Western Asset Management Company and Western Asset Management Company Limited.
- [By Joseph Griffin]
Here’s how similar cryptocurrencies have performed during the last 24 hours:
Get PCHAIN alerts:
Maker (MKR) traded down 2.8% against the dollar and now trades at $662.44 or 0.16972011 BTC. IOStoken (IOST) traded down 0.3% against the dollar and now trades at $0.0396 or 0.00000526 BTC. THETA (THETA) traded down 2.8% against the dollar and now trades at $0.13 or 0.00003297 BTC. Aurora (AOA) traded up 28.2% against the dollar and now trades at $0.0164 or 0.00000420 BTC. Pundi X (NPXS) traded down 3.5% against the dollar and now trades at $0.0006 or 0.00000016 BTC. IOST (IOST) traded down 3.4% against the dollar and now trades at $0.0078 or 0.00000200 BTC. Huobi Token (HT) traded 6.2% lower against the dollar and now trades at $1.79 or 0.00045840 BTC. Project Pai (PAI) traded up 69.2% against the dollar and now trades at $0.0608 or 0.00001557 BTC. MCO (MCO) traded 2.8% higher against the dollar and now trades at $4.39 or 0.00068464 BTC. Oyster (PRL) traded flat against the dollar and now trades at $0.51 or 0.00008001 BTC.
PCHAIN Token Profile
- [By Stephan Byrd]
PCHAIN (CURRENCY:PAI) traded down 1.2% against the dollar during the 1 day period ending at 0:00 AM E.T. on August 19th. PCHAIN has a market cap of $12.30 million and approximately $1.53 million worth of PCHAIN was traded on exchanges in the last 24 hours. Over the last week, PCHAIN has traded 9.6% lower against the dollar. One PCHAIN token can now be bought for about $0.0281 or 0.00000432 BTC on major exchanges including Bilaxy, Hotbit, DDEX and DEx.top.
- [By Shane Hupp]
Project Pai (CURRENCY:PAI) traded down 6.5% against the US dollar during the 1 day period ending at 22:00 PM ET on July 11th. In the last week, Project Pai has traded flat against the US dollar. One Project Pai coin can currently be purchased for approximately $1.05 or 0.00016577 BTC on cryptocurrency exchanges including LBank, Bitfinex and Huobi. Project Pai has a total market capitalization of $0.00 and $86.99 million worth of Project Pai was traded on exchanges in the last day.
Best Safest Stocks For 2021: ON Semiconductor Corporation(ON)
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. Its Application Products Group segment provides analog, mixed-signal, and advanced logic application specific integrated circuit and application specific standard product solutions; and solutions for voltage and current options, as well as foundry and manufacturing services, including integrated passive devices technology, integrated circuit (IC) design, packaging, and silicon technology offerings. The companys Image Sensor Group segment offers complementary metal oxide semiconductor and charge-coupled device image sensors, proximity sensors, and image signal processors. Its Standard Products Group segment provides discrete and integrated semiconductor products that perform application functions, such as power switching, signal conditioning, circuit protection, signal amplification, and voltage reference; and develops lower capacitance protection and integrated signal conditioning products to support data transmission rates, micro packages, and switching and rectification technologies. The companys System Solutions Group segment supplies analog and mixed signal ICs, digital signal processors, analog and digital tuners, intelligent power modules, and memory and discrete semiconductors. ON Semiconductor Corporations devices are used in various end-products, such as automotive electronics, smartphones, media tablets, wearable electronics, computers, servers, industrial building and home automation systems, consumer white goods, imaging systems, LED lighting, power supplies, networking and telecom equipment, medical diagnostics, imaging and hearing health, and sensor networks, as well as the Internet-of-Things. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corp. was founded in 1999 and is headquartered in Phoenix, Arizona.
- [By Logan Wallace]
Several equities research analysts recently issued reports on ON shares. Robert W. Baird reissued a “buy” rating and set a $28.00 price objective on shares of ON Semiconductor in a research note on Wednesday, January 9th. Citigroup dropped their price objective on ON Semiconductor from $28.00 to $21.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Nomura dropped their price objective on ON Semiconductor from $30.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Craig Hallum reissued a “buy” rating and set a $25.00 price objective (down previously from $31.00) on shares of ON Semiconductor in a research note on Tuesday, October 30th. Finally, ValuEngine raised ON Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. ON Semiconductor presently has an average rating of “Hold” and an average price target of $24.42.
TRADEMARK VIOLATION WARNING: “Chicago Equity Partners LLC Trims Holdings in ON Semiconductor Corp (ON)” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this news story on another domain, it was stolen and republished in violation of US and international copyright laws. The correct version of this news story can be accessed at www.tickerreport.com/banking-finance/4145395/chicago-equity-partners-llc-trims-holdings-in-on-semiconductor-corp-on.html.
ON Semiconductor Company Profile
- [By Ethan Ryder]
ON Semiconductor (NASDAQ:ON) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
- [By Nicholas Rossolillo]
Semiconductor stocks had a rough go of it last year, and ON Semiconductor (NASDAQ:ON) was no exception. Shares ended 2018 down 21%.
It’s not that there was anything wrong with ON’s business per se; in fact, business continued to grow at a healthy pace, capping off the year with a 9% sales gain in the fourth quarter alone. Investors chose to fret over the trade spat between the U.S. and China, and it seems the slowing economy across the Pacific is proving the worry justified.
- [By Motley Fool Transcribers]
ON Semiconductor Corp (NASDAQ:ON)Q42018 Earnings Conference CallFeb. 04, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
Best Safest Stocks For 2021: Cincinnati Financial Corporation(CINF)
We are an Ohio corporation formed in 1968. Our lead subsidiary, The Cincinnati Insurance Company, was founded in 1950. Our main business is property casualty insurance marketed through independent insurance agencies in 39 states. Our headquarters is in Fairfield, Ohio. At year-end 2015, we employed 4,493 associates, including 3,045 headquarters associates who provide support to 1,448 field associates. Cincinnati Financial Corporation owns 100 percent of three subsidiaries: The Cincinnati Insurance Company, CSU Producer Resources Inc. and CFC Investment Company. In addition, the parent company has an investment portfolio, owns the headquarters property and is responsible for corporate borrowings and shareholder dividends. The Cincinnati Insurance Company owns 100 percent of four additional insurance subsidiaries. Advisors’ Opinion:
- [By Logan Wallace]
ILLEGAL ACTIVITY NOTICE: “Berman Capital Advisors LLC Takes $37,000 Position in Cincinnati Financial Co. (CINF)” was originally reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at www.tickerreport.com/banking-finance/4217210/berman-capital-advisors-llc-takes-37000-position-in-cincinnati-financial-co-cinf.html.
- [By Stephan Byrd]
Cincinnati Financial (NASDAQ:CINF) and Third Point Reinsurance (NYSE:TPRE) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, risk, valuation, earnings, analyst recommendations, profitability and dividends.
- [By Logan Wallace]
Cincinnati Financial (NASDAQ:CINF) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.
- [By Shane Hupp]
Oppenheimer & Co. Inc. decreased its position in Cincinnati Financial Co. (NASDAQ:CINF) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,145 shares of the insurance provider’s stock after selling 914 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cincinnati Financial were worth $1,013,000 at the end of the most recent quarter.