$109.91 Million in Sales Expected for Ameris Bancorp (ABCB) This Quarter

Wall Street analysts expect that Ameris Bancorp (NASDAQ:ABCB) will post $109.91 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Ameris Bancorp’s earnings. The lowest sales estimate is $109.20 million and the highest is $110.60 million. Ameris Bancorp posted sales of $91.35 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 20.3%. The company is scheduled to report its next quarterly earnings report on Friday, July 20th.

On average, analysts expect that Ameris Bancorp will report full-year sales of $475.23 million for the current year, with estimates ranging from $469.10 million to $482.20 million. For the next year, analysts forecast that the firm will report sales of $591.30 million per share, with estimates ranging from $569.20 million to $620.70 million. Zacks’ sales averages are an average based on a survey of research firms that cover Ameris Bancorp.

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Ameris Bancorp (NASDAQ:ABCB) last issued its quarterly earnings results on Friday, April 20th. The bank reported $0.73 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.05). Ameris Bancorp had a return on equity of 12.09% and a net margin of 19.19%. The company had revenue of $95.27 million for the quarter, compared to analyst estimates of $100.49 million.

Several equities research analysts have issued reports on ABCB shares. Zacks Investment Research downgraded shares of Ameris Bancorp from a “hold” rating to a “sell” rating in a research note on Monday, March 12th. BidaskClub downgraded shares of Ameris Bancorp from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 27th. Stephens reiterated a “buy” rating on shares of Ameris Bancorp in a research note on Monday, April 23rd. ValuEngine upgraded shares of Ameris Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, May 8th. Finally, SunTrust Banks decreased their price objective on shares of Ameris Bancorp from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, April 23rd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Ameris Bancorp presently has an average rating of “Buy” and an average price target of $55.00.

ABCB traded up $0.90 during trading on Friday, hitting $55.90. 204,300 shares of the company’s stock were exchanged, compared to its average volume of 230,962. The company has a quick ratio of 1.00, a current ratio of 1.02 and a debt-to-equity ratio of 0.74. Ameris Bancorp has a 1 year low of $41.05 and a 1 year high of $59.05. The company has a market cap of $2.15 billion, a P/E ratio of 22.54 and a beta of 1.23.

In other news, Director Robert Dale Ezzell sold 6,800 shares of the company’s stock in a transaction on Monday, May 21st. The shares were sold at an average price of $56.60, for a total value of $384,880.00. Following the completion of the transaction, the director now directly owns 32,772 shares in the company, valued at $1,854,895.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edwin W. Hortman, Jr. sold 20,336 shares of the company’s stock in a transaction on Wednesday, March 7th. The shares were sold at an average price of $56.41, for a total transaction of $1,147,153.76. Following the completion of the transaction, the insider now owns 246,961 shares of the company’s stock, valued at $13,931,070.01. The disclosure for this sale can be found here. Insiders sold 37,136 shares of company stock valued at $2,106,934 over the last 90 days. Insiders own 3.07% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new position in shares of Ameris Bancorp in the fourth quarter valued at $1,222,000. Allianz Asset Management GmbH boosted its stake in shares of Ameris Bancorp by 6.0% in the fourth quarter. Allianz Asset Management GmbH now owns 271,566 shares of the bank’s stock valued at $13,090,000 after purchasing an additional 15,283 shares during the period. Aperio Group LLC boosted its stake in shares of Ameris Bancorp by 145.0% in the fourth quarter. Aperio Group LLC now owns 10,436 shares of the bank’s stock valued at $503,000 after purchasing an additional 6,177 shares during the period. Swiss National Bank boosted its stake in shares of Ameris Bancorp by 4.2% in the fourth quarter. Swiss National Bank now owns 64,764 shares of the bank’s stock valued at $3,122,000 after purchasing an additional 2,600 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its stake in shares of Ameris Bancorp by 11.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 22,239 shares of the bank’s stock valued at $1,072,000 after purchasing an additional 2,362 shares during the period. Institutional investors and hedge funds own 88.19% of the company’s stock.

Ameris Bancorp Company Profile

Ameris Bancorp operates as the holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, Small Business Administration Division, and Premium Finance Division.

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Bank Indonesia's New Governor Stamps His Mark With Rate Hike

Indonesia’s new central bank chief raised interest rates at an early policy meeting on Wednesday, moving swiftly to counter an emerging-market selloff that’s shaken the nation’s currency and bonds.

Less than a week in office, Governor Perry Warjiyo led the board in increasing the seven-day reverse repurchase rate by 25 basis points to 4.75 percent, in line with almost all of the forecasts from 26 economists surveyed by Bloomberg.

Global emerging markets are in a tailspin as rising U.S. interest rates and a stronger dollar prompt investors to pull money out of riskier assets. From Argentina to Indonesia, central bankers are grappling with sliding currencies and capital outflows, pushing them to take more aggressive action to avoid full-blown crises.

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Since taking office on May 24, Warjiyo has pledged to be “pre-emptive” and use monetary policy to stabilize the exchange rate. The governor said on Wednesday the rate hike -- at an an out-of-cycle meeting that comes a month before the regular scheduled one -- was a bid to act before the Federal Reserve’s expected tightening in June and to help bolster the currency.

Bank Indonesia will continue to calibrate both domestic and global developments to take advantage of room for measurable increases in interest rates, Warjiyo said. The central bank will continue dual intervention to support the currency, he said.

Rupiah Slump

The rupiah is among the worst performers in Asia this year, dropping 5 percent against the dollar since the selloff began towards the end of January, while yields on 10-year government bonds have surged almost 100 basis points.

The currency was little changed at 13,993 against the dollar as of 2:35 p.m. in Jakarta on Wednesday.

“The 25 basis-point hike will be welcomed by investors as Bank Indonesia reiterates its mandate for rupiah stability,” said Eugene Leow, a fixed-income strategist at DBS Group Holdings Ltd. in Singapore. “Unfortunately, higher rates appear to be necessary as the global environment becomes less conducive for risk taking.”

The global emerging-market rout has hit countries like Turkey and Argentina the worst. Turkey raised interest rates by 300 basis points at an emergency meeting last week, while Argentina increased interest rates three times in the past month.

Foreign Exposure

In Asia, investors have punished those countries running current-account deficits -- Indonesia, India and the Philippines -- and that are more reliant on foreign inflows to fund their import needs. Overseas investors also hold a relatively high share of Indonesian government bonds at about 38 percent, making it more vulnerable to global selloffs.

The Philippine central bank increased its benchmark rate in May and said it’s prepared to take more action if needed, while economists have brought forward their calls for a rate hike in India.

Rate increases in Indonesia come amid a subdued inflation environment and sluggish economic growth. Consumer prices rose 3.4 percent in April from a year ago, comfortably within the central bank’s target for 2018 of 2.5 percent to 4.5 percent.

Warjiyo, who has pledged currency stability as well as growth, said there would be further easing of macro-prudential measures. Economists expect the central bank will make changes to loan-to-value ratio rules in a bid to boost lending.

— With assistance by Rieka Rahadiana, Viriya Singgih, and Michael J Munoz

(Updates with comments from governor, economist.) LISTEN TO ARTICLE 3:12 Share Share on Facebook Post to Twitter Send as an Email Print

Generation X: Our Top 2 Retirement Planning Priorities

&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-168583399&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/168583399/960x0.jpg?fit=scale&q; data-height=&q;618&q; data-width=&q;960&q;&g; Winona Ryder in a scene from the film &s;How To Make An American Quilt&s;, 1995. (Photo by Universal/Getty Images)

&l;!--donotpaginate--&g;Generation X had its Gertrude Stein moment last week and it came from the Federal Reserve of St. Louis&a;rsquo;s most recent research paper, &l;a href=&q;https://www.stlouisfed.org/~/media/Files/PDFs/HFS/essays/HFS_essay_1-2018.pdf?la=en&q; target=&q;_blank&q;&g;&a;ldquo;The Demographics of Wealth 2018&a;rdquo;&l;/a&g;.&a;nbsp; The paper found that if accrual of personal wealth does not improve for Americans born in the 70s and 80s, they were at risk of being &a;ldquo;a lost generation.&a;rdquo;&a;nbsp; Tough words for those of us moving into the highest earning years.

Stuck between two forceful personality generations &a;ndash; Boomers and Millennials - it can be hard to get a word in edgewise, especially in the retirement planning space. The industry is focused on capturing the Boomers and the Millennials, leaving Gen Xers as an afterthought.

Statistics reflect the struggles of being a middle child. &l;a href=&q;https://www.transamericacenter.org/retirement-research/18th-annual-retirement-survey&q; target=&q;_blank&q;&g;The Transamerica Center for Retirement Studies&a;rsquo; 18&l;sup&g;th&l;/sup&g; Annual Retirement Survey released in December 2017&l;/a&g; found that while 80% of us are saving for retirement, the average Gen Xer had saved only $72,000.&l;span class=&q;tweet_icon&q;&g;&l;/span&g; Further, Gen Xers have more debt than Boomers and Millennials, and 34% had taken a loan or early withdrawal from retirement savings. Not the type of numbers that instill confidence.

&l;strong&g;Gen X &a;ndash; Over 40 and Underprepared&l;/strong&g;

In the next three years, the last of the Gen Xers will turn 40. Retirement is no longer something &a;ldquo;older people do;&a;rdquo; our cohort will start doing it in the next 25 years. Yet we are woefully underprepared.

The Federal Reserve report showed that those born in the 70s - the heart of Gen X &a;ndash; lagged the wealth benchmark of previous generations by an average of 18%. This is especially significant when you consider that one&a;rsquo;s 40s and 50s are prime wealth building years. Yet most Gen Xers still want to retire at age 62 &a;ndash; the same age Boomers have targeted as the ideal retirement age.

This isn&a;rsquo;t to say Gen Xers have not addressed retirement at all. In 2013, MetLife conducted the first research on Gen X and retirement for its &a;ldquo;&l;a href=&q;http://www.lifehappens.org/wp-content/uploads/2015/02/Research_MetLifeStudyofGenX-TheMTVGenerationMovesIntoMidLife.pdf&q; target=&q;_blank&q;&g;Study on Gen X: The MTV Generation Moves Into Midlife&l;/a&g;,&a;rdquo; which showed that Gen X recognized that the familiar three-legged stool approach to retirement &a;ndash; pension, retirement plan and Social Security &a;ndash; would have only two legs for them. Pensions had become a thing of the past. Unfortunately, recognizing gap has not been enough to motivate Gen Xers to seriously address the holes in their retirement planning.

&l;span class=&q;tweet_quote&q;&g;Gen Xers tend to be more cynical and distrusting than Boomers and Millennials, which isn&a;rsquo;t surprising. We grew up with divorce at home, and were shaken by major events such as 9/11 and the Great Recession.

&l;strong&g;Establishing Retirement Building Blocks&l;/strong&g;

Retirement success depends on building blocks; establishing and connecting the blocks creates the greater blueprint. What generation is better suited to connecting blocks than the group that played with Legos, Lincoln Logs and Erector Sets?

We need to focus on the relationship between retirement savings accounts (e.g., 401ks and IRAs) and Health Spending Accounts (HSA). It won&a;rsquo;t be enough for us to have just one of these vehicles for a successful retirement - and we only have 25 more years to maximize.

&l;strong&g;Making a Sacrifice for Your Future Self&l;/strong&g;

The average Gen Xer is deferring 8% of compensation into retirement plans, an insufficient pace &a;nbsp;to meet their retirement needs. We need to get as close as possible to maxing out our 401ks. In 2018, this amount is $18,500, with an additional annual $6,000 catch-up once we reach age 50.

This level of retirement savings may seem unmanageable or unattainable, and for some it will be. But we must not disconnect from our future selves. It will require real discipline around expenses to find excess income to fund these accounts.

To start, look at potential tax savings from the 2017 Tax Cut and Jobs Act (TCJA). With changes such as lower tax rates, a potentially higher standard deduction, and greater child tax credits, Gen Xers will have additional ways to increase their contributions. Even 1% more in contributions per year over the next 25 years will make a difference.

&l;strong&g;Creating the Third Leg of the Stool&l;/strong&g;

Simply funding our retirement plan isn&a;rsquo;t enough, because health care costs are one of the greatest risks in retirement. According to &l;a href=&q;https://www.fidelity.com/about-fidelity/employer-services/a-couple-retiring-in-2018-would-need-estimated-280000&q; target=&q;_blank&q;&g;Fidelity&l;/a&g;, the average retiree will spend at least $280,000 on health care, and possibly more. Gen Xers must plan now to meet this need, and the HSA is a great tool. Instead of assuming you will pay for health care costs out of retirement savings, you&a;rsquo;ll be better off in the long run by segregating these costs out with a specific account.

HSAs are a tax-efficient way to meet this need. When the account is funded, you get an above the line tax deduction. The funds grow tax deferred and come out tax free, provided they are used for qualified medical expenses. Unlike Flex Spending Accounts, HSAs can be carried over from year to year.

In 2018, the average family can put $6,900 into an HSA. Since HSAs require the use of a High Deductible Health Care Plan, premiums tend to be lower than for traditional health plans. You can use the money you save on premiums to help fund the account.

&l;strong&g;Accepting the Challenge&l;/strong&g;

&l;p class=&q;tweet_line&q;&g;Retirement planning for Gen Xers will be different from that of previous generations. The good news is we still have 25 years ahead of us to make a difference and catch up. Personal finance can seem overwhelming, so focusing retirement strategy on funding two important accounts will help Gen Xers be successful and be seen not as a lost generation, but one that has found itself.

&a;nbsp;&l;/span&g;&l;/p&g;

Top 5 Clean Energy Stocks To Invest In 2019

tags:GGG,BWEN,HBAN,MVIS,BSRR,

Clean Energy Fuels Corp. (NASDAQ:CLNE) SVP Barclay Corbus acquired 15,000 shares of the business’s stock in a transaction that occurred on Friday, May 18th. The stock was purchased at an average price of $2.36 per share, for a total transaction of $35,400.00. Following the completion of the transaction, the senior vice president now owns 549,113 shares in the company, valued at $1,295,906.68. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Barclay Corbus also recently made the following trade(s):

Get Clean Energy Fuels alerts: On Wednesday, May 16th, Barclay Corbus acquired 10,000 shares of Clean Energy Fuels stock. The stock was purchased at an average price of $2.12 per share, for a total transaction of $21,200.00.

NASDAQ:CLNE traded up $0.18 during mid-day trading on Friday, hitting $2.42. The stock had a trading volume of 3,811,079 shares, compared to its average volume of 1,432,716. The company has a market cap of $341.68 million, a PE ratio of -4.57 and a beta of 1.39. Clean Energy Fuels Corp. has a 52 week low of $1.31 and a 52 week high of $3.05. The company has a quick ratio of 1.41, a current ratio of 1.58 and a debt-to-equity ratio of 0.27.

Top 5 Clean Energy Stocks To Invest In 2019: Graco Inc.(GGG)

Advisors' Opinion:

• [By Shane Hupp]

  Prudential Financial Inc. reduced its holdings in Graco (NYSE:GGG) by 55.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 424,224 shares of the industrial products company’s stock after selling 528,080 shares during the quarter. Prudential Financial Inc. owned about 0.25% of Graco worth $19,395,000 at the end of the most recent quarter.

Top 5 Clean Energy Stocks To Invest In 2019: Broadwind Energy Inc.(BWEN)

Advisors' Opinion:

• [By Shane Hupp]

  Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, profitability, risk, earnings and dividends.

• [By Ethan Ryder]

  Matthews International (NASDAQ: MATW) and Broadwind Energy (NASDAQ:BWEN) are both small-cap consumer staples companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Top 5 Clean Energy Stocks To Invest In 2019: Huntington Bancshares Incorporated(HBAN)

Advisors' Opinion:

• [By Lisa Levin] Companies Reporting Before The Bell United Technologies Corporation (NYSE: UTX) is estimated to report quarterly earnings at $1.51 per share on revenue of $14.62 billion. The Coca-Cola Company (NYSE: KO) is expected to report quarterly earnings at $0.46 per share on revenue of $7.31 billion. Caterpillar Inc. (NYSE: CAT) is projected to report quarterly earnings at $2.07 per share on revenue of $11.93 billion. Verizon Communications Inc. (NYSE: VZ) is expected to report quarterly earnings at $1.11 per share on revenue of $31.22 billion. Lockheed Martin Corporation (NYSE: LMT) is estimated to report quarterly earnings at $3.42 per share on revenue of $11.28 billion. The Sherwin-Williams Company (NYSE: SHW) is projected to report quarterly earnings at $3.15 per share on revenue of $3.94 billion. Biogen Inc. (NASDAQ: BIIB) is expected to report quarterly earnings at $5.92 per share on revenue of $3.15 billion. 3M Company (NYSE: MMM) is estimated to report quarterly earnings at $2.52 per share on revenue of $8.26 billion. JetBlue Airways Corporation (NASDAQ: JBLU) is projected to report quarterly earnings at $0.2 per share on revenue of $1.75 billion. Eli Lilly and Company (NYSE: LLY) is expected to report quarterly earnings at $1.13 per share on revenue of $5.49 billion. Harley-Davidson, Inc. (NYSE: HOG) is estimated to report quarterly earnings at $0.88 per share on revenue of $1.25 billion. Corning Incorporated (NYSE: GLW) is expected to report quarterly earnings at $0.3 per share on revenue of $2.50 billion. Centene Corporation (NYSE: CNC) is projected to report quarterly earnings at $1.88 per share on revenue of $13.28 billion. The Travelers Companies, Inc. (NYSE: TRV) is estimated to report quarterly earnings at $2.77 per share on revenue of $6.75 billion. Wipro Limited (NYSE: WIT) is expected to report quarterly earnings at $0.07 per share on revenue of $2.16 billion. PACCAR Inc (NASDAQ: PCAR) is projected to
• [By Max Byerly]

  Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

  Get Huntington Bancshares alerts: Active Mover: Huntington Bancshares Incorporated (NASDAQ: HBAN) (alphabetastock.com) P/E Ratio under Consideration �� Huntington Bancshares Incorporated (NASDAQ: HBAN) (stocksmarketcap.com) Stocks You Can’t Afford to Pass Up: Huntington Bancshares Incorporated (NASDAQ:HBAN), Under Armour, Inc. (NYSE … (journalfinance.net) Is this stock is Oversold? Huntington Bancshares Incorporated (HBAN) (stockquote.review) Huntington Bancshares Incorporated (NasdaqGS:HBAN) & Eldorado Resorts, Inc. (NasdaqGS:ERI) Valuation at a Glance (parkcitycaller.com)

  Several equities research analysts have issued reports on the company. BidaskClub lowered Huntington Bancshares from a “buy” rating to a “hold” rating in a research note on Wednesday. JPMorgan Chase lifted their price objective on Huntington Bancshares from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Thursday, January 25th. Zacks Investment Research downgraded Huntington Bancshares from a “buy” rating to a “hold” rating in a report on Thursday, April 5th. BMO Capital Markets reiterated a “hold” rating and issued a $18.00 price objective on shares of Huntington Bancshares in a report on Wednesday, January 24th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $16.75 price objective on shares of Huntington Bancshares in a report on Wednesday, January 24th. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $16.98.

• [By Max Byerly]

  Public Employees Retirement Association of Colorado lessened its stake in shares of Huntington Bancshares (NASDAQ:HBAN) by 4.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 197,768 shares of the bank’s stock after selling 10,068 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Huntington Bancshares were worth $2,986,000 at the end of the most recent reporting period.

Top 5 Clean Energy Stocks To Invest In 2019: Microvision Inc.(MVIS)

Advisors' Opinion:

• [By Max Byerly]

  IMPINJ (NASDAQ: PI) and MicroVision (NASDAQ:MVIS) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, risk, valuation, institutional ownership, analyst recommendations and earnings.

Top 5 Clean Energy Stocks To Invest In 2019: Sierra Bancorp(BSRR)

Advisors' Opinion:

• [By Ethan Ryder]

  O Shaughnessy Asset Management LLC trimmed its position in Sierra Bancorp (NASDAQ:BSRR) by 41.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,173 shares of the financial services provider’s stock after selling 7,846 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.07% of Sierra Bancorp worth $298,000 at the end of the most recent reporting period.

Zacks: Brokerages Anticipate Uniqure NV (QURE) Will Announce Quarterly Sales of $3.55 Million

Analysts forecast that Uniqure NV (NASDAQ:QURE) will report sales of $3.55 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Uniqure’s earnings, with estimates ranging from $3.50 million to $3.60 million. Uniqure posted sales of $4.94 million during the same quarter last year, which would indicate a negative year over year growth rate of 28.1%. The firm is scheduled to report its next earnings report on Tuesday, August 14th.

On average, analysts expect that Uniqure will report full year sales of $17.44 million for the current fiscal year, with estimates ranging from $13.98 million to $26.00 million. For the next fiscal year, analysts expect that the firm will report sales of $13.23 million per share, with estimates ranging from $10.00 million to $16.90 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover Uniqure.

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Uniqure (NASDAQ:QURE) last announced its quarterly earnings results on Monday, April 30th. The biotechnology company reported ($0.59) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.74) by $0.15. The firm had revenue of $3.48 million during the quarter, compared to the consensus estimate of $3.08 million. Uniqure had a negative return on equity of 131.55% and a negative net margin of 586.38%.

A number of brokerages recently issued reports on QURE. ValuEngine raised Uniqure from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. HC Wainwright set a $35.00 price objective on Uniqure and gave the company a “buy” rating in a report on Tuesday, May 1st. Leerink Swann reissued an “outperform” rating and issued a $63.00 price objective (up from $26.00) on shares of Uniqure in a report on Monday, May 7th. BidaskClub downgraded Uniqure from a “buy” rating to a “hold” rating in a report on Saturday, March 17th. Finally, Wells Fargo assumed coverage on Uniqure in a report on Wednesday, May 16th. They issued an “outperform” rating and a $47.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $30.88.

In other news, CEO Matthew C. Kapusta sold 39,169 shares of the stock in a transaction that occurred on Thursday, March 15th. The stock was sold at an average price of $21.72, for a total value of $850,750.68. Following the completion of the sale, the chief executive officer now directly owns 439,764 shares of the company’s stock, valued at $9,551,674.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Opaleye Management Inc. acquired a new stake in shares of Uniqure during the fourth quarter worth $1,778,000. Royce & Associates LP acquired a new stake in shares of Uniqure during the fourth quarter worth $2,449,000. Victory Capital Management Inc. acquired a new stake in shares of Uniqure during the fourth quarter worth $1,298,000. Perceptive Advisors LLC lifted its holdings in shares of Uniqure by 0.8% during the fourth quarter. Perceptive Advisors LLC now owns 1,047,950 shares of the biotechnology company’s stock worth $20,529,000 after purchasing an additional 7,831 shares during the period. Finally, Tekla Capital Management LLC lifted its holdings in shares of Uniqure by 38.1% during the fourth quarter. Tekla Capital Management LLC now owns 332,850 shares of the biotechnology company’s stock worth $6,521,000 after purchasing an additional 91,829 shares during the period. 43.83% of the stock is owned by hedge funds and other institutional investors.

Uniqure traded up $0.07, reaching $31.38, on Friday, according to Marketbeat. The company’s stock had a trading volume of 14,294 shares, compared to its average volume of 390,560. The company has a quick ratio of 5.48, a current ratio of 5.48 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of -10.71 and a beta of 0.15. Uniqure has a fifty-two week low of $4.90 and a fifty-two week high of $33.41.

About Uniqure

uniQure N.V., a gene therapy company, engages in the discovery, development, and commercialization of gene therapies in the Netherlands. The company develops AMT-060, which is in Phase I/II clinical trial to treat hemophilia B; AMT-061, a gene therapy that is in Phase III clinical trial for the treatment of hemophilia; and AMT-126, a gene therapy for the treatment of congestive heart failure and AMT-130 to treat huntington's disease.

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Analysts Expect WildHorse Resource Development Co. (WRD) Will Post Quarterly Sales of $197.49 Millio

Equities research analysts predict that WildHorse Resource Development Co. (NYSE:WRD) will announce $197.49 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for WildHorse Resource Development’s earnings. The lowest sales estimate is $189.30 million and the highest is $212.91 million. WildHorse Resource Development reported sales of $70.17 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 181.4%. The company is expected to announce its next quarterly earnings report on Wednesday, August 8th.

According to Zacks, analysts expect that WildHorse Resource Development will report full year sales of $816.83 million for the current financial year, with estimates ranging from $756.60 million to $867.98 million. For the next financial year, analysts forecast that the business will post sales of $1.01 billion per share, with estimates ranging from $927.00 million to $1.09 billion. Zacks’ sales averages are an average based on a survey of research firms that cover WildHorse Resource Development.

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WildHorse Resource Development (NYSE:WRD) last released its quarterly earnings results on Wednesday, May 9th. The oil and natural gas company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. WildHorse Resource Development had a positive return on equity of 8.35% and a negative net margin of 14.56%. The firm had revenue of $218.80 million during the quarter, compared to the consensus estimate of $183.24 million. During the same quarter in the prior year, the firm posted $0.22 EPS. The business’s revenue was up 303.0% on a year-over-year basis.

A number of equities research analysts have recently issued reports on the company. Bank of America upped their price objective on WildHorse Resource Development from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Tuesday, February 13th. Imperial Capital upped their price objective on WildHorse Resource Development from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 13th. Zacks Investment Research upgraded WildHorse Resource Development from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a research note on Saturday, April 28th. Citigroup dropped their price objective on WildHorse Resource Development from $23.00 to $19.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 13th. Finally, Johnson Rice assumed coverage on WildHorse Resource Development in a research note on Wednesday, March 21st. They set a “buy” rating and a $27.00 price objective on the stock. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $23.80.

Several institutional investors have recently made changes to their positions in WRD. Russell Investments Group Ltd. bought a new stake in shares of WildHorse Resource Development during the 1st quarter worth approximately $126,000. Point72 Asia Hong Kong Ltd bought a new stake in WildHorse Resource Development in the 1st quarter valued at $184,000. Paloma Partners Management Co bought a new stake in WildHorse Resource Development in the 4th quarter valued at $215,000. Virtu Financial LLC bought a new stake in WildHorse Resource Development in the 4th quarter valued at $220,000. Finally, Engineers Gate Manager LP bought a new stake in WildHorse Resource Development in the 1st quarter valued at $220,000.

WildHorse Resource Development traded up $0.47, reaching $26.94, during trading hours on Monday, MarketBeat.com reports. 1,971,096 shares of the stock were exchanged, compared to its average volume of 1,273,199. WildHorse Resource Development has a twelve month low of $10.36 and a twelve month high of $29.67. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.77. The company has a market cap of $2.68 billion, a P/E ratio of 62.65, a price-to-earnings-growth ratio of 0.31 and a beta of -0.62.

WildHorse Resource Development Company Profile

WildHorse Resource Development Corporation, an independent oil and natural gas company, focuses on the acquisition, exploitation, development, and production of oil, natural gas, and natural gas liquid resources. The company primarily holds interests in the Eagle Ford Shale in East Texas and the overpressured Cotton Valley formation in North Louisiana.

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