Covanta Holding

Dublin, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The "Biomass Power in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. Biomass power producers have endured a rocky road, with their performance heavily influenced by government regulations, market competition and environmental concerns. The federal production tax credit (PTC) provided significant financial relief, giving biomass power producers an income tax credit of 2.6 cents per kilowatt-hour (kWh) of energy for five years. This helped offset costs and stem revenue declines.» Mehr auf globenewswire.com

Beacon Pointe Advisors LLC trimmed its holdings in Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 6.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,742 shares of the transportation company’s stock after selling 970 shares during the period. Beacon Pointe Advisors LLC’s holdings in Expeditors International of Washington were worth $1,875,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also bought and sold shares of the company. CVA Family Office LLC bought a new stake in shares of Expeditors International of Washington during the 4th quarter worth $35,000. BKM Wealth Management LLC bought a new position in shares of Expeditors International of Washington during the 4th quarter valued at about $37,000. Planned Solutions Inc. purchased a new position in shares of Expeditors International of Washington during the 4th quarter valued at about $37,000. Fortitude Family Office LLC bought a new stake in Expeditors International of Washington in the 4th quarter worth approximately $38,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in Expeditors International of Washington in the fourth quarter worth approximately $49,000. Institutional investors own 94.02% of the company’s stock. Wall Street Analyst Weigh In EXPD has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price objective on shares of Expeditors International of Washington from $106.00 to $107.00 and gave the company an “underweight” rating in a research note on Tuesday, April 9th. Bank of America assumed coverage on shares of Expeditors International of Washington in a research report on Friday, March 15th. They set a “neutral” rating and a $126.00 price target for the company. TD Cowen lifted their price objective on Expeditors International of Washington from $111.00 to $112.00 and gave the stock a “hold” rating in a report on Wednesday, May 8th. Susquehanna increased their target price on Expeditors International of Washington from $112.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, May 8th. Finally, BNP Paribas upgraded Expeditors International of Washington from an “underperform” rating to a “neutral” rating and set a $112.00 price target on the stock in a research report on Tuesday, May 14th. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. According to MarketBeat.com, Expeditors International of Washington currently has an average rating of “Hold” and an average price target of $111.63. View Our Latest Stock Report on EXPD Insider Buying and Selling In other news, VP Jeffrey F. Dickerman sold 2,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $122.63, for a total transaction of $245,260.00. Following the completion of the sale, the vice president now owns 5,728 shares of the company’s stock, valued at approximately $702,424.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Blake R. Bell sold 4,100 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $116.99, for a total transaction of $479,659.00. Following the completion of the transaction, the insider now directly owns 52,745 shares in the company, valued at approximately $6,170,637.55. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Jeffrey F. Dickerman sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $122.63, for a total transaction of $245,260.00. Following the sale, the vice president now owns 5,728 shares in the company, valued at approximately $702,424.64. The disclosure for this sale can be found here. 0.75% of the stock is currently owned by corporate insiders. Expeditors International of Washington Stock Up 0.2 % NASDAQ:EXPD opened at $117.90 on Monday. The stock has a market cap of $16.65 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 6.47 and a beta of 1.00. The company’s 50 day moving average price is $117.33 and its 200-day moving average price is $120.81. Expeditors International of Washington, Inc. has a 52 week low of $107.03 and a 52 week high of $131.17. Expeditors International of Washington (NASDAQ:EXPD – Get Free Report) last released its quarterly earnings data on Tuesday, May 7th. The transportation company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.10 by $0.07. The company had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.22 billion. Expeditors International of Washington had a return on equity of 28.89% and a net margin of 7.81%. Expeditors International of Washington’s revenue was down 14.9% compared to the same quarter last year. During the same period last year, the firm posted $1.45 earnings per share. As a group, sell-side analysts anticipate that Expeditors International of Washington, Inc. will post 4.82 earnings per share for the current year. Expeditors International of Washington Increases Dividend The company also recently declared a semi-annual dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be paid a $0.73 dividend. This is an increase from Expeditors International of Washington’s previous semi-annual dividend of $0.69. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 3rd. Expeditors International of Washington’s dividend payout ratio (DPR) is 29.24%. Expeditors International of Washington Profile (Free Report) Expeditors International of Washington, Inc, together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. See Also Five stocks we like better than Expeditors International of Washington What is the S&P/TSX Index? Canada Goose Flies Higher Driven By DTC Growth 3 Healthcare Dividend Stocks to Buy CVS Health Stock Has a Silver Lining Called Value Are Penny Stocks a Good Fit for Your Portfolio? Magnificent 7 Still Magnificent as the Halfway Mark Approaches?» Mehr auf defenseworld.net

Panagora Asset Management Inc. grew its stake in Newmont Co. (NYSE:NEM – Free Report) by 14.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 62,856 shares of the basic materials company’s stock after purchasing an additional 8,056 shares during the quarter. Panagora Asset Management Inc.’s holdings in Newmont were worth $2,602,000 at the end of the most recent quarter. Other institutional investors have also added to or reduced their stakes in the company. Life Planning Partners Inc bought a new stake in Newmont during the 4th quarter valued at approximately $26,000. CVA Family Office LLC bought a new stake in shares of Newmont during the fourth quarter valued at approximately $34,000. Operose Advisors LLC grew its stake in Newmont by 156.8% in the third quarter. Operose Advisors LLC now owns 1,040 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 635 shares during the period. Advantage Trust Co bought a new position in Newmont in the fourth quarter worth $41,000. Finally, Janiczek Wealth Management LLC lifted its position in Newmont by 805.6% during the fourth quarter. Janiczek Wealth Management LLC now owns 1,132 shares of the basic materials company’s stock valued at $47,000 after buying an additional 1,007 shares during the period. 68.85% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth A number of research analysts recently issued reports on the stock. Scotiabank lowered their price target on shares of Newmont from $50.00 to $43.50 and set a “sector perform” rating for the company in a research report on Wednesday, February 28th. TD Securities upped their price target on Newmont from $43.00 to $48.00 and gave the stock a “hold” rating in a research note on Friday, April 26th. BMO Capital Markets dropped their target price on Newmont from $56.00 to $54.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. Royal Bank of Canada cut their target price on Newmont from $45.00 to $40.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 8th. Finally, Argus lowered Newmont from a “buy” rating to a “hold” rating in a research report on Monday, February 26th. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Newmont presently has an average rating of “Hold” and a consensus price target of $48.11. Read Our Latest Report on Newmont Newmont Stock Performance Shares of NEM opened at $43.74 on Monday. Newmont Co. has a 12-month low of $29.42 and a 12-month high of $45.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.15 and a quick ratio of 1.90. The business’s 50 day moving average is $38.46 and its 200 day moving average is $37.28. Newmont (NYSE:NEM – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.20. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.66 billion. Newmont had a positive return on equity of 6.88% and a negative net margin of 20.19%. The company’s revenue was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS. Equities research analysts expect that Newmont Co. will post 2.37 EPS for the current fiscal year. Newmont Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Tuesday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Tuesday, June 4th. Newmont’s dividend payout ratio is -37.45%. Newmont Company Profile (Free Report) Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. Read More Five stocks we like better than Newmont The Significance of Brokerage Rankings in Stock Selection JD’s Earnings Could Mean Chinese Stocks Making a Comeback Insider Trades May Not Tell You What You Think Canada Goose Flies Higher Driven By DTC Growth What is a Dividend Harvesting Strategy and How Can Investors Profit from it? CVS Health Stock Has a Silver Lining Called Value» Mehr auf defenseworld.net