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Empowered Funds LLC grew its holdings in shares of DaVita Inc. ( NYSE:DVA – Free Report ) by 25.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,824 shares of the company’s stock after buying an additional 1,187 shares during the quarter. Empowered Funds LLC’s holdings in DaVita were worth $955,000 at the end of the most recent reporting period. Several other hedge funds have also recently made changes to their positions in the business. Bessemer Group Inc. raised its position in DaVita by 2,335.6% in the 1st quarter. Bessemer Group Inc. now owns 10,741 shares of the company’s stock worth $1,483,000 after purchasing an additional 10,300 shares during the period. CANADA LIFE ASSURANCE Co raised its position in DaVita by 31.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 63,066 shares of the company’s stock worth $8,709,000 after purchasing an additional 15,189 shares during the period. Pitcairn Co. purchased a new stake in DaVita in the 1st quarter worth about $264,000. Natixis purchased a new stake in DaVita in the 1st quarter worth about $708,000. Finally, CreativeOne Wealth LLC purchased a new stake in DaVita in the 1st quarter worth about $387,000. 90.12% of the stock is currently owned by hedge funds and other institutional investors. DaVita Price Performance NYSE DVA opened at $165.51 on Friday. DaVita Inc. has a 52-week low of $98.26 and a 52-week high of $168.50. The firm’s 50 day moving average price is $158.31 and its 200-day moving average price is $148.29. The company has a debt-to-equity ratio of 15.78, a quick ratio of 1.33 and a current ratio of 1.37. The company has a market cap of $13.57 billion, a PE ratio of 17.85, a P/E/G ratio of 0.89 and a beta of 0.89. Insiders Place Their Bets In other DaVita news, CFO Joel Ackerman sold 64,029 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $155.06, for a total value of $9,928,336.74. Following the completion of the transaction, the chief financial officer now owns 111,481 shares of the company’s stock, valued at approximately $17,286,243.86. This trade represents a 36.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CEO Javier Rodriguez sold 50,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $165.05, for a total transaction of $8,252,500.00. Following the completion of the transaction, the chief executive officer now directly owns 837,835 shares of the company’s stock, valued at approximately $138,284,666.75. This represents a 5.63 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 156,086 shares of company stock valued at $24,807,161. Insiders own 2.00% of the company’s stock. Analysts Set New Price Targets DVA has been the topic of a number of recent analyst reports. Bank of America increased their price objective on shares of DaVita from $139.00 to $145.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 7th. UBS Group upped their target price on shares of DaVita from $169.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Barclays upped their target price on shares of DaVita from $150.00 to $164.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 31st. Finally, Truist Financial upped their target price on shares of DaVita from $165.00 to $175.00 and gave the stock a “hold” rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $161.80. Check Out Our Latest Research Report on DVA About DaVita ( Free Report ) DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure in the United States. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also offers outpatient, hospital inpatient, and home-based hemodialysis services; operates clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers. Further Reading Want to see what other hedge funds are holding DVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DaVita Inc. ( NYSE:DVA – Free Report ). Receive News & Ratings for DaVita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DaVita and related companies with MarketBeat.com's FREE daily email newsletter .
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Justin Herbert threw three touchdowns as the Los Angeles Chargers booked their place in the NFL playoffs with a blowout 40-7 win at the New England Patriots on Saturday. The Patriots, who suffered a sixth straight loss, were booed off the field by the remaining fans at Gillette Stadium as they fell to 3-13 on the season. But for the Chargers it was a job well done as the confident Herbert ensured a second post-season place in three seasons with another accomplished quarterback display. Herbert completed 28 of 38 passes and threw for 281 yards against a Patriots defense that caused few issues against the passing game. The Chargers took the lead late in the first quarter thanks to a beautiful 23-yard Herbert pass, superbly caught by the diving Derius Davis. After a Cameron Dicker field goal early in the second, Herbert found rookie receiver Ladd McConkey at the back of the end-zone with a pinpoint pass to make it 17-0. Patriots rookie quarterback Drake Maye had been forced out of the game in the first quarter after suffering a hit to the head by Cam Hart when running down the sideline. But Maye, who had been cleared to return for the second quarter, showed he was in good shape with a fine 36-yard touchdown pass to DeMario Douglas to give the Patriots some hope. But the Chargers ran away with the game with Herbert again connecting with McConkey, this time with a 40-yard pass down the middle and a two-yard rush from J.K Dobbins in the fourth completed the rout. Herbert's performance meant he set a new record for the most passing yards in the first five years of an NFL career -- passing Peyton Manning's tally of 20,618 yards. But the quarterback, who has yet to win a playoff game, was quick to give credit for his achievement to his team-mates. "It says so much about the guys we had catching those passes and a great offensive line giving me the time to get the ball off and (the defense) getting me the ball back," he said. "I couldn't have done it without them," he added. The Denver Broncos can clinch a place in the playoffs when they face the Bengals in Cincinnati later on Saturday. sev/nfEmpowered Funds LLC grew its holdings in shares of DaVita Inc. ( NYSE:DVA – Free Report ) by 25.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,824 shares of the company’s stock after buying an additional 1,187 shares during the quarter. Empowered Funds LLC’s holdings in DaVita were worth $955,000 at the end of the most recent reporting period. Several other hedge funds have also recently made changes to their positions in the business. Bessemer Group Inc. raised its position in DaVita by 2,335.6% in the 1st quarter. Bessemer Group Inc. now owns 10,741 shares of the company’s stock worth $1,483,000 after purchasing an additional 10,300 shares during the period. CANADA LIFE ASSURANCE Co raised its position in DaVita by 31.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 63,066 shares of the company’s stock worth $8,709,000 after purchasing an additional 15,189 shares during the period. Pitcairn Co. purchased a new stake in DaVita in the 1st quarter worth about $264,000. Natixis purchased a new stake in DaVita in the 1st quarter worth about $708,000. Finally, CreativeOne Wealth LLC purchased a new stake in DaVita in the 1st quarter worth about $387,000. 90.12% of the stock is currently owned by hedge funds and other institutional investors. DaVita Price Performance NYSE DVA opened at $165.51 on Friday. DaVita Inc. has a 52-week low of $98.26 and a 52-week high of $168.50. The firm’s 50 day moving average price is $158.31 and its 200-day moving average price is $148.29. The company has a debt-to-equity ratio of 15.78, a quick ratio of 1.33 and a current ratio of 1.37. The company has a market cap of $13.57 billion, a PE ratio of 17.85, a P/E/G ratio of 0.89 and a beta of 0.89. Insiders Place Their Bets In other DaVita news, CFO Joel Ackerman sold 64,029 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $155.06, for a total value of $9,928,336.74. Following the completion of the transaction, the chief financial officer now owns 111,481 shares of the company’s stock, valued at approximately $17,286,243.86. This trade represents a 36.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CEO Javier Rodriguez sold 50,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $165.05, for a total transaction of $8,252,500.00. Following the completion of the transaction, the chief executive officer now directly owns 837,835 shares of the company’s stock, valued at approximately $138,284,666.75. This represents a 5.63 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 156,086 shares of company stock valued at $24,807,161. Insiders own 2.00% of the company’s stock. Analysts Set New Price Targets DVA has been the topic of a number of recent analyst reports. Bank of America increased their price objective on shares of DaVita from $139.00 to $145.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 7th. UBS Group upped their target price on shares of DaVita from $169.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Barclays upped their target price on shares of DaVita from $150.00 to $164.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 31st. Finally, Truist Financial upped their target price on shares of DaVita from $165.00 to $175.00 and gave the stock a “hold” rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $161.80. Check Out Our Latest Research Report on DVA About DaVita ( Free Report ) DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure in the United States. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also offers outpatient, hospital inpatient, and home-based hemodialysis services; operates clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers. Further Reading Want to see what other hedge funds are holding DVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DaVita Inc. ( NYSE:DVA – Free Report ). Receive News & Ratings for DaVita Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DaVita and related companies with MarketBeat.com's FREE daily email newsletter .
It’s not at the level of Barbenheimer, but the combo of Universal’s musical and Paramount’s — call it Glicked, Wikiator or whatever you want — is making for a phenomenal weekend at the pre-Thanksgiving . Based on early returns, is headed for a domestic debut of $117 million. While that’s behind Friday’s estimate of $120, it’s still a history-making number for a film based on a Broadway musical and ranks among the biggest openings of all time for a big-screen musical. Globally, the movie is anticipating a $165 million launch. is projecting a $60 million domestic opening, a strong start for a male-skewing, swords-and-sandals film. (It’s expected to draw in huge numbers overseas.) Combined domestic revenue for all films is expected to come in at around $200 million this weekend, a gain of 70 percent over the same weekend last year, when holiday entries and opened. Social media has been abuzz with speculation that and would replicate the Barbenheimer effect this weekend and be the perfect pairing in terms of attracting males and females to the multiplex. While they won’t come anywhere near matching the domestic openings of Barbie ($162 million) and Oppenheimer ($82.5 million), they are indeed appealing to nearly all demos, including playing to an ethnically diverse audience. The Thanksgiving marquee will get even more interesting when Walt Disney Animation’s opens Nov 27. Led by Maona, the three films should result in the biggest five-day, Thanksgiving holiday (Wednesday through Sunday) of all time in terms of domestic box office revenue. Fueled largely by females as expected, the well-reviewed earned a glowing A CinemaScore from audiences. Filmmaker Jon M. Chu’s adaptation of the popular Broadway musical boasts a high-profile cast led by and Cynthia Erivo. Universal is taking a major gamble in making two movies, with part two of hitting theaters a year from now. The first one cost $150 million to produce before marketing. Originally based on the best-selling novel by Gregory Maguire, tells the untold story of the witches of Oz, with Erivo as Elphaba and Grande as Glinda. Winnie Holzman, the stage production’s book writer, wrote the screenplay for Chu’s movie with Dana Fox. Academy Award-winning composer and lyricist Stephen Schwartz adapted the musical for the screen. Directed by , the $250 million is the top pick for males, both younger and older, and earned a B CinemaScore. It hits theaters 24 years after the first film and stars , , Pedro Pascal, and Fred Hechinger, among others. If estimates hold, will mark the biggest opening in Scott’s career; ditto for Washington. The film sees Mescal playing a grown-up Lucius Verus II, the nephew of Emperor Commodus from the original film, played by Joaquin Phoenix. Lucius returns to Rome after being forced into slavery to battle not as a ruler but as a gladiator out for revenge and power, seeking to return the glory of Rome to its people. Updated numbers will be provided Sunday. THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood Reporter
Veteran investor Mark Mobius has highlighted U.S. tech firms with ties to emerging markets as prime investment opportunities for the upcoming year. What Happened: In an interview with CNBC, Mobius, chairman of the Mobius Emerging Opportunities Fund, emphasized the potential of companies leveraging technology to boost productivity. Mobius pointed out that U.S.-based companies focusing on markets like China and India are strategically positioned for growth. "I focus on those companies that are global in their scope, and producing and exporting and selling in these countries, because that's where the growth will be." Mobius also mentioned the significance of companies involved in “accelerated information,” such as chip manufacturers, which are benefiting from rapid information processing capabilities. His observations come amid an economic surge in semiconductor-producing emerging markets, with Taiwan leading in advanced chip manufacturing. Southeast Asian nations, particularly Malaysia, are also seeing increased foreign investment due to their chip production focus. See Also: Joe Rogan’s Bitcoin Pile Has Grown Over 30000% In Value, But He Hasn’t Sold: Conviction-Based HODLing Or Has The Podcast King Lost His Keys? Despite concerns of a tech bubble due to high valuations of major tech stocks like Alphabet Inc. , Amazon.com Inc. , and Nvidia Corp. , Mobius remains optimistic. He believes the growth rates of these companies justify their valuations, and he expects continued strong performance from the “Magnificent Seven” tech giants. Why It Matters : Mobius has been a staunch advocate for investing in emerging markets, particularly in Asia. In July 2023, he stated that he had no investments in the U.S. , focusing entirely on international and emerging markets. This aligns with his current emphasis on U.S. tech firms with exposure to these regions. Mobius has also warned of potential risks to U.S. markets amid recent volatility, noting a significant decline in the U.S. M2 money supply. This drop could impact discretionary spending, a key driver of economic growth. Meanwhile, the surge in Nvidia’s stock has raised concerns about concentration risks for investors. The company’s shares have skyrocketed, driven by high demand for its AI chips. However, this rapid growth has led to increased holdings by asset managers, posing potential risks if the stock takes a downturn. Read Next: Amazon’s Focus Shift To Black Friday From Cyber Monday Is Paying Off, Says Gene Munster: ‘Small Changes To Profitability Can Have Measurable Impact To Earnings’ Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Wikimedia © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Uber What is the risk to deportation from Trump's immigration policy on rideshare and food deliveryTrack slab manufacturing factory opened near Surat to support India's first bullet train project
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GREENSBORO, N.C. (AP) — Matthew Downing threw for two touchdowns and ran for another to lead Elon to a 31-21 season-ending win over North Carolina A&T on Saturday. The game was tied at 7 in the second quarter when the Phoenix turned a fumble recovery into a field goal. That started a string of four-straight scoring possessions. Downing was 16 of 21 for 203 yards. Chandler Brayboy had 12 receptions for 118 yards with a score. Rushawn Baker ran for 106 yards for the Phoenix (6-6, 5-3 Coastal Athletic Association). Julian Bumper also had a 10-yard rushing touchdown on his only carry and Jamarien Dalton had a 30-yard receiving touchdown on his only catch. Freshman Cortez Lane returned a kickoff 97 yards for a touchdown for the Aggies (1-11, 0-8), who lost their 11th straight. Justin Fomby threw for 190 yards and a touchdown pass to Daniel Cole and Shimique Blizzard ran for 87 yards and a TD. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25PM Modi Asks States To Focus On Startup Growth, Compliance Simplification, Obesity Control
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