Homestead Advisers Corp, an investment management company, has increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.5% in the 3rd quarter, according to a recent filing with the Securities and Exchange Commission (SEC) [c6da4467]. The firm now owns 293,536 shares of the investment management company's stock, valued at approximately $94.98 million [c6da4467]. The Goldman Sachs Group makes up 2.6% of Homestead Advisers Corp's investment portfolio, making it the 12th largest holding [c6da4467]. Several other large investors have also made changes to their positions in GS [c6da4467].
Goldman Sachs recently reported earnings of $5.48 per share for the quarter, beating the consensus estimate of $3.62. The company also declared a quarterly dividend of $2.75 per share, payable on March 28th to shareholders of record on February 29th [c6da4467].
Homestead Advisers Corp also increased its holdings in Merck & Co., Inc. (NYSE:MRK) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC) [daab0210]. The firm now owns 665,604 shares of the company's stock, making it the 26th largest holding in its investment portfolio [daab0210]. Merck & Co., Inc. had a return on equity of 9.07% and a net margin of 0.61% [daab0210]. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.09) by $0.12 [daab0210]. Merck & Co., Inc. will pay a quarterly dividend of $0.77 per share on April 5th to shareholders of record on March 15th [daab0210].
Homestead Advisers Corp increased its position in Freeport-McMoRan Inc. (NYSE:FCX) by 1.6% in the 3rd quarter, owning 1,877,903 shares of the company's stock worth $70,027,000 [255d0334]. Several other institutional investors have also added to or reduced their stakes in the company [255d0334]. Freeport-McMoRan reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23. The company had revenue of $5.91 billion for the quarter. Freeport-McMoRan paid a quarterly dividend of $0.15 per share on February 1st. The stock is currently trading at $37.36 with a 52-week low of $32.83 and a 52-week high of $44.70. Analysts have given the stock an average rating of 'Hold' with a consensus target price of $44.95 [255d0334].
Glenmede Trust Co. NA, a wealth management firm, has recently acquired a new stake in Commercial Metals (NYSE:CMC) in the 3rd quarter. The firm purchased 27,213 shares of the company's stock, valued at approximately $1,345,000 [43f937b2]. Other large investors have also made changes to their holdings of the company [43f937b2]. Commercial Metals reported earnings of $1.63 per share for the quarter, beating the consensus estimate of $1.43 by $0.20. The company had revenue of $2 billion during the quarter. Commercial Metals also announced a quarterly dividend of $0.16 per share. The stock has a 12-month low of $39.85 and a 12-month high of $58.06. Several equities research analysts have recently weighed in on CMC shares, giving the stock a consensus rating of 'Hold' and an average target price of $56.25. Insiders have sold 284,385 shares of company stock worth $14,317,006, with corporate insiders owning 1.00% of the stock [43f937b2].
Arkadios Wealth Advisors, an institutional investor, has purchased 10,499 shares of Creative Media & Community Trust Co. (NASDAQ:CMCT) worth approximately $39,000 [d8bc19c8]. Other large investors, including Harel Insurance Investments & Financial Services Ltd., First Foundation Advisors, Yelin Lapidot Holdings Management Ltd., Dimensional Fund Advisors LP, and State Street Corp, have also made changes to their positions in the company [d8bc19c8]. Creative Media & Community Trust Co. has a market capitalization of $84.54 million and a price-to-earnings ratio of -1.11. The company recently announced a quarterly dividend of $0.085 per share, with a dividend payout ratio (DPR) of -10.18%. A Wall Street analyst has given the company a 'sell' rating. Creative Media & Community Trust Co., formerly known as CIM Commercial Trust Corporation, is a real estate investment trust (REIT) that primarily acquires, develops, owns, and operates multifamily properties and office real assets in the United States.