ibusinesslines.com August 18, 2017

Waddell & Reed Financial (WDR) Earning Positive Press Coverage, Analysis Finds

20 June 2017, 10:19 | Kelvin Horton

NYSE:WDR is 0.07056. This number is calculated by looking at the sum of the dividend yield plus percentage of sales repurchased and net debt repaid yield. Its shares have trimmed -16.7% since hitting a peak level of $22.45 on December 09, 2016. With 1.45M avg volume, 12 days are for Waddell & Reed Financial Incorporated (NYSE:WDR)'s short sellers to cover WDR's short positions.

1 analysts rate Waddell & Reed Financial, Inc. a Buy or Strong Buy, which is 16.67% of all the analyst ratings. The stock increased 2.31% or $0.43 during the last trading session, reaching $19.03. It fall, as 32 investors sold Waddell & Reed Financial, Inc. shares while 70 reduced holdings. TRV is down around 20.08% from its 12-month high of $103.45 notched on Nov 09, 2016 but is -0.12% above its highest point the past 12 months of $129.6 a share. It has underperformed by 28.62% the S&P500.

07/27/2016 - Waddell & Reed Financial, Inc. had its "outperform" rating reiterated by analysts at RBC Capital. -16.70% (High), 24.50%, (Low). The stock's 50 day moving average price is $17.33 and its 200-day moving average price is $18.21. They now have a United States dollars 26 price target on the stock. It tells investors how well a company is turning their capital into profits. The rating was maintained by Barclays Capital on Thursday, July 14 with "Equalweight". Thanks to an increase of nearly 13.06% in the past one month, the stock price is now with underperforming -4.15% so far on the year - still in weak zone. They now have a Dollars 16 price target on the stock. Volume on the day was 2.52 million shares. It has outperformed by 21.93% the S&P500. The asset manager reported $0.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.03. The firm's quarterly revenue was down 11.5% compared to the same quarter previous year. The 1 year EPS growth rate is -39.60%.

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids producing plays. The stock's market capitalization is 1.56B. The Company's activities also include the marketing of natural gas, oil and NGLs. A negative earnings surprise will usually result in a decline in share price. Its down 0.18, from 1.26 in 2016Q3. (NYSE:WDR) was trading at volume above average, prior 52-week high was $22.45 and surged 1.63% over the same period, trading at a volume of 2.5 million. 44 funds opened positions while 66 raised stakes. M&R Cap Mgmt reported 0.03% stake. (WDR) traded up 1.82% during trading on Monday, hitting $19.04. Montecito National Bank & Trust & Tru reported 800 shares stake. Zacks Investment Research upgraded Waddell & Reed Financial from a "sell" rating to a "hold" rating in a research report on Monday, April 10th. (NYSE:WDR) for 36,986 shares. Now Waddell & Reed Financial, Inc.'s current price is $0.27 shy of the official highest sell-side analyst price target on Wall Street. (NYSE:WDR) during the first quarter, according to its most recent 13F filing with the SEC. Fuller And Thaler Asset holds 3.15 million shares. 3,798 are owned by Northwestern Mutual Wealth Mngmt. Finally, SG Americas Securities LLC increased its stake in shares of Waddell & Reed Financial by 55.8% in the first quarter. Paloma Partners Management Com stated it has 0.01% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR). Massachusetts-based Fmr has invested 0.01% in Waddell & Reed Financial, Inc. (NYSE:WDR) is 0.648158. Matarin Capital Mngmt Limited Liability Co holds 354,387 shares or 0% of its portfolio. On average, equities research analysts forecast that Waddell & Reed Financial will post $1.57 EPS for the current year. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Therefore 11% are positive. Citigroup maintained Waddell & Reed Financial, Inc. The VC1 of Waddell & Reed Financial, Inc. (NYSE:WDR) earned "Underperform" rating by Credit Suisse on Monday, January 4. Bank of America downgraded the stock to "Underperform" rating in Tuesday, March 15 report.

Want to see what other hedge funds are holding WDR? Keefe, Bruyette & Woods restated a "sell" rating and issued a $16.50 price target on shares of Waddell & Reed Financial in a research report on Friday, June 9th.

For passive investors (long-term) earning per shares and its growth is most valuable indicator for investment, as PAA has EPS growth of -44.30% for this year, while HBI EPS growth standing at 31.40%for this year. The rating was maintained by Citigroup with "Neutral" on Wednesday, July 27.

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