Columbia Sportswear (COLM) Reaches New 1-Year High and Low at $88.86

Columbia Sportswear (NASDAQ:COLM) hit a new 52-week high and low during mid-day trading on Tuesday . The stock traded as low as $88.86 and last traded at $88.27, with a volume of 4020 shares traded. The stock had previously closed at $87.29.

Several brokerages have issued reports on COLM. BidaskClub upgraded Columbia Sportswear from a “buy” rating to a “strong-buy” rating in a report on Tuesday, May 22nd. Canaccord Genuity set a $81.00 price target on Columbia Sportswear and gave the stock a “hold” rating in a report on Friday, April 27th. Wedbush increased their price target on Columbia Sportswear from $80.00 to $91.00 and gave the stock an “outperform” rating in a report on Friday, April 27th. B. Riley increased their price target on Columbia Sportswear from $79.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, April 27th. Finally, Buckingham Research increased their price target on Columbia Sportswear from $72.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 27th. Eight research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $83.13.

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The firm has a market capitalization of $6.13 billion, a PE ratio of 29.68, a PEG ratio of 2.35 and a beta of 0.88.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, April 26th. The textile maker reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.19. The business had revenue of $607.31 million during the quarter, compared to the consensus estimate of $581.16 million. Columbia Sportswear had a return on equity of 13.58% and a net margin of 4.52%. Columbia Sportswear’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share. analysts predict that Columbia Sportswear will post 3.35 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 31st. Shareholders of record on Thursday, May 17th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, May 16th. This represents a $0.88 dividend on an annualized basis and a yield of 0.99%. Columbia Sportswear’s dividend payout ratio is 29.53%.

In other Columbia Sportswear news, COO Thomas B. Cusick sold 23,120 shares of the firm’s stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $78.49, for a total value of $1,814,688.80. Following the completion of the transaction, the chief operating officer now directly owns 42,788 shares in the company, valued at $3,358,430.12. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Andy D. Bryant sold 19,946 shares of the firm’s stock in a transaction that occurred on Thursday, May 17th. The shares were sold at an average price of $85.35, for a total value of $1,702,391.10. Following the completion of the transaction, the director now owns 46,277 shares of the company’s stock, valued at $3,949,741.95. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 71,384 shares of company stock valued at $5,777,416. Corporate insiders own 56.68% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC grew its stake in Columbia Sportswear by 1,788.8% in the fourth quarter. Advisory Services Network LLC now owns 2,021 shares of the textile maker’s stock valued at $145,000 after purchasing an additional 1,914 shares in the last quarter. Martingale Asset Management L P bought a new position in Columbia Sportswear in the fourth quarter valued at approximately $202,000. Commonwealth Equity Services LLC acquired a new stake in shares of Columbia Sportswear in the first quarter valued at approximately $219,000. Xact Kapitalforvaltning AB acquired a new stake in shares of Columbia Sportswear in the fourth quarter valued at approximately $213,000. Finally, CIBC World Markets Inc. acquired a new stake in shares of Columbia Sportswear in the first quarter valued at approximately $233,000. Hedge funds and other institutional investors own 38.89% of the company’s stock.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment that are used various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, yoga, golf, and adventure travel for men and women under the Columbia, Mountain Hardwear, SOREL, and prAna brands, as well as for youth under the Columbia brand name.

American Tower Co. (AMT) Shares Sold by IBM Retirement Fund

IBM Retirement Fund decreased its stake in American Tower Co. (NYSE:AMT) by 4.2% during the first quarter, Holdings Channel reports. The institutional investor owned 9,998 shares of the real estate investment trust’s stock after selling 437 shares during the quarter. IBM Retirement Fund’s holdings in American Tower were worth $1,453,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Security National Trust Co. increased its holdings in shares of American Tower by 7.7% in the 4th quarter. Security National Trust Co. now owns 5,035 shares of the real estate investment trust’s stock worth $718,000 after buying an additional 360 shares during the last quarter. ETRADE Capital Management LLC increased its holdings in shares of American Tower by 9.5% in the 4th quarter. ETRADE Capital Management LLC now owns 4,253 shares of the real estate investment trust’s stock worth $607,000 after buying an additional 368 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of American Tower by 3.1% in the 4th quarter. D.A. Davidson & CO. now owns 12,919 shares of the real estate investment trust’s stock worth $1,843,000 after buying an additional 384 shares during the last quarter. Wetherby Asset Management Inc. increased its holdings in shares of American Tower by 4.9% in the 4th quarter. Wetherby Asset Management Inc. now owns 8,373 shares of the real estate investment trust’s stock worth $1,195,000 after buying an additional 393 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC increased its holdings in shares of American Tower by 0.5% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 87,962 shares of the real estate investment trust’s stock worth $12,550,000 after buying an additional 396 shares during the last quarter. 92.22% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of AMT opened at $136.33 on Friday. The firm has a market cap of $60.21 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.54 and a beta of 0.77. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.83 and a quick ratio of 0.83. American Tower Co. has a twelve month low of $125.24 and a twelve month high of $155.28.

American Tower (NYSE:AMT) last announced its quarterly earnings results on Tuesday, May 1st. The real estate investment trust reported $0.63 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.68 by ($1.05). The firm had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.73 billion. American Tower had a net margin of 17.51% and a return on equity of 17.03%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.68 EPS. equities research analysts forecast that American Tower Co. will post 7.05 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Tuesday, June 19th will be given a dividend of $0.77 per share. The ex-dividend date is Monday, June 18th. This represents a $3.08 annualized dividend and a yield of 2.26%. This is a boost from American Tower’s previous quarterly dividend of $0.75. American Tower’s dividend payout ratio is presently 47.02%.

In other American Tower news, EVP Amit Sharma sold 32,943 shares of the company’s stock in a transaction on Monday, April 16th. The shares were sold at an average price of $138.82, for a total value of $4,573,147.26. Following the completion of the transaction, the executive vice president now directly owns 111,558 shares in the company, valued at approximately $15,486,481.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joann A. Reed sold 845 shares of the company’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $146.83, for a total transaction of $124,071.35. The disclosure for this sale can be found here. Insiders have sold a total of 65,579 shares of company stock valued at $9,319,595 in the last three months. 0.87% of the stock is currently owned by corporate insiders.

A number of equities research analysts have recently issued reports on AMT shares. Citigroup cut their price objective on shares of American Tower from $162.00 to $161.00 and set a “buy” rating for the company in a research note on Tuesday, March 27th. Zacks Investment Research raised shares of American Tower from a “sell” rating to a “hold” rating in a research note on Tuesday, April 3rd. ValuEngine cut shares of American Tower from a “buy” rating to a “hold” rating in a research note on Friday, April 27th. KeyCorp set a $171.00 price objective on shares of American Tower and gave the company a “buy” rating in a research note on Tuesday, February 27th. Finally, Morgan Stanley cut their price objective on shares of American Tower from $161.00 to $157.00 and set an “overweight” rating for the company in a research note on Friday, March 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $160.38.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 150,000 communications sites. For more information about American Tower, please visit the ?Earnings Materials? and ?Company & Industry Resources? sections of our investor relations website at www.americantower.com.

Want to see what other hedge funds are holding AMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Tower Co. (NYSE:AMT).

Liberty Broadband (LBRDA) Shares Sold by Hosking Partners LLP

Hosking Partners LLP lessened its stake in shares of Liberty Broadband (NASDAQ:LBRDA) by 70.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,902 shares of the company’s stock after selling 14,127 shares during the period. Hosking Partners LLP’s holdings in Liberty Broadband were worth $500,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Wisconsin Investment Board boosted its position in Liberty Broadband by 72.7% during the fourth quarter. State of Wisconsin Investment Board now owns 679,365 shares of the company’s stock worth $57,780,000 after purchasing an additional 286,067 shares during the period. State of New Jersey Common Pension Fund D boosted its position in Liberty Broadband by 10.4% during the first quarter. State of New Jersey Common Pension Fund D now owns 530,000 shares of the company’s stock worth $44,944,000 after purchasing an additional 50,000 shares during the period. Hound Partners LLC boosted its position in Liberty Broadband by 0.3% during the fourth quarter. Hound Partners LLC now owns 259,160 shares of the company’s stock worth $22,042,000 after purchasing an additional 674 shares during the period. Geode Capital Management LLC boosted its position in Liberty Broadband by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 256,923 shares of the company’s stock worth $21,851,000 after purchasing an additional 3,992 shares during the period. Finally, Freshford Capital Management LLC bought a new position in Liberty Broadband during the fourth quarter worth about $20,361,000. Institutional investors and hedge funds own 12.04% of the company’s stock.

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Liberty Broadband opened at $70.96 on Friday, Marketbeat Ratings reports. The company has a debt-to-equity ratio of 0.05, a current ratio of 15.33 and a quick ratio of 15.33. Liberty Broadband has a 12 month low of $68.20 and a 12 month high of $104.35. The company has a market capitalization of $12.83 billion, a PE ratio of 6.39 and a beta of 1.44.

Liberty Broadband (NASDAQ:LBRDA) last released its quarterly earnings data on Wednesday, May 9th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.18). Liberty Broadband had a net margin of 9,350.33% and a return on equity of 21.43%. equities research analysts predict that Liberty Broadband will post 1.26 EPS for the current year.

A number of equities analysts have weighed in on the stock. Pivotal Research reiterated a “buy” rating and set a $100.00 target price (down previously from $134.00) on shares of Liberty Broadband in a research report on Tuesday, May 15th. Zacks Investment Research lowered shares of Liberty Broadband from a “hold” rating to a “sell” rating in a research report on Thursday, March 8th. BidaskClub lowered shares of Liberty Broadband from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 14th. TheStreet lowered shares of Liberty Broadband from a “b” rating to a “c+” rating in a research report on Friday, May 11th. Finally, ValuEngine lowered shares of Liberty Broadband from a “hold” rating to a “sell” rating in a research report on Wednesday, February 14th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $115.25.

Liberty Broadband Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

Hot Blue Chip Stocks To Buy For 2018

tags:VCSH,EBSB,SRPT,RMP,

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A few weeks ago we discussed how you can make 12% annually, forever, from stocks. Now let’s apply those lessons to 2017, and highlight five that should do even better (17%+ returns) this year (and likely beyond).

Remember, projecting our returns from any given stock is simple. We simply add together the three ways it can pay us:

Its current dividend.

A future dividend hike.

Share repurchases.

It also helps if the stock is inexpensive, as buybacks deliver more bang for management’s buck. So let’s stick with stocks that are dirt-cheap, trading for 10-times free cash flow (FCF) or less for this exercise.

Here’s an example of a stock ready to return 17% or more over the next year. Blue chip refiner Valero (VLO) has a great management team that knows how to make money no matter what happens with energy prices.

Hot Blue Chip Stocks To Buy For 2018: Vanguard Short-Term Corporate Bond ETF(VCSH)

Advisors' Opinion:

• [By Luke Kawa]

  The three-month moving average of weekly flows into the iShares Short Maturity Bond exchange-traded fund (NEAR), Floating Rate Bond ETF (FLOT), SPDR Bloomberg Barclays Short Term High-Yield Bond ETF (SJNK), PowerShares Senior Loan Portfolio (BKLN) and Vanguard Short-Term Corporate Bond ETF (VCSH) sank to a record low outflow of $18 million after the first week of 2018.

Hot Blue Chip Stocks To Buy For 2018: Meridian Interstate Bancorp Inc.(EBSB)

Advisors' Opinion:

• [By Logan Wallace]

  BidaskClub upgraded shares of Meridian Bancorp (NASDAQ:EBSB) from a hold rating to a buy rating in a research report sent to investors on Friday morning.

Hot Blue Chip Stocks To Buy For 2018: Sarepta Therapeutics, Inc.(SRPT)

Advisors' Opinion:

• [By Keith Speights]

  But some stocks don't take nearly that long to double. Three stocks in particular�have doubled investors' money -- and more -- in just the last 12 months. Here's why Nektar Therapeutics (NASDAQ:NKTR), CRISPR Therapeutics (NASDAQ:CRSP), and Sarepta Therapeutics (NASDAQ:SRPT) became such huge winners -- and whether or not their impressive momentum can continue.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Sarepta Therapeutics (SRPT)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Max Byerly]

  Sarepta Therapeutics (NASDAQ:SRPT) had its target price increased by Morgan Stanley from $87.00 to $91.00 in a report issued on Friday. Morgan Stanley currently has an equal weight rating on the biotechnology company’s stock.

Hot Blue Chip Stocks To Buy For 2018: Rice Midstream Partners LP(RMP)

Advisors' Opinion:

• [By Logan Wallace]

  Williams Companies (NYSE: WMB) and Rice Midstream Partners (NYSE:RMP) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, risk, analyst recommendations, profitability, earnings, institutional ownership and valuation.

• [By Stephan Byrd]

  These are some of the media headlines that may have effected Accern’s scoring:

  Get Rice Midstream Partners alerts: Investor Expectations to Drive Momentum within Balchem, Beacon Roofing Supply, Rice Midstream Partners LP, LTC Properties, Ubiquiti Networks, and 1st Source �� Discovering Underlying Factors of Influence (finance.yahoo.com) Rice Midstream Partners (RMP) Rating Lowered to Strong Sell at ValuEngine (americanbankingnews.com) Zacks: Brokerages Expect Rice Midstream Partners (RMP) to Announce $0.40 EPS (americanbankingnews.com) Rice Midstream: 1Q Earnings Snapshot (finance.yahoo.com) Rice Midstream Partners (RMP) Announces $0.30 Dividend (americanbankingnews.com)

  RMP stock opened at $17.88 on Friday. The stock has a market capitalization of $1,871.10, a P/E ratio of 10.63, a P/E/G ratio of 0.74 and a beta of 1.17. Rice Midstream Partners has a 52 week low of $16.87 and a 52 week high of $26.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.91 and a quick ratio of 2.91.

Turkey��s Rate Hike Is Sticking Plaster on Gaping Wound

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The collapse of the lira will squeeze spending power for those living in Turkey, and higher interest rates will hurt as well. The cost of borrowing from the late-liquidity window is the most important rate set by the central bank as it currently operates as the marginal cost of finance in Turkey. Bloomberg Economics expect inflation to remain well above consensus forecasts in the country this year, staying in the double digits.

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Global Self Storage (SELF) Director Russell E. Burke III Buys 3,000 Shares

Global Self Storage (NASDAQ:SELF) Director Russell E. Burke III acquired 3,000 shares of Global Self Storage stock in a transaction that occurred on Friday, May 18th. The stock was acquired at an average cost of $4.15 per share, with a total value of $12,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Global Self Storage opened at $4.19 on Tuesday, Marketbeat.com reports. The stock has a market capitalization of $32.00 million, a P/E ratio of 19.81 and a beta of 1.44. Global Self Storage has a 1 year low of $3.92 and a 1 year high of $5.19.

About Global Self Storage

Global Self Storage, Inc is a self-administered and self-managed REIT focused on the ownership, operation, acquisition, development and redevelopment of self storage facilities in the United States. The company's self storage facilities are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.

U.S. stocks close lower, book weekly losses

U.S. stocks closed mostly lower on Friday, with major indexes posting modest weekly declines as investors grappled with lingering uncertainty over trade negotiations between the U.S. and China, as well as bond yields that climbed this week to the highest level since 2011. The Dow Jones Industrial Average DJIA, +0.00% closed nearly unchanged at 24,715.09, leaving it with a 0.5% weekly loss. The S&P 500 index SPX, -0.26% fell 7.15 points, or 0.3% to 2,712.98 and ended the week 0.5% lower. Meanwhile the Nasdaq Composite COMP, -0.38% declined 28.13 points, or 0.4% to 7,354.34 and fell 0.7% over the week. The Russell 2000 index RUT, +0.08% of small-capitalization stocks rose 2.8 points, or 0.2%, to 1,628.12, a third record close in a row. For the week, the index rose 1.3%. Among the worst performers on the S&P 500, Campbell Soup Company CPB, -12.37% shares plunged 12% after the company reported quarterly result and cut its full-year outlook.

Quote References DJIA +1.11 +0.00% SPX -7.16 -0.26% COMP