56% of Professional Investors Bullish on U.S. Equities: Barron’s Poll
America’s money managers are confident that the longest U.S. bull market since World War II has further to run, reported Barron’s.
America’s money managers are confident that the longest U.S. bull market since World War II has further to run, reported Barron’s.
Travelers Companies Inc (NYSE:TRV) – Research analysts at William Blair decreased their FY2018 EPS estimates for shares of Travelers Companies in a research note issued on Thursday, October 18th. William Blair analyst A. Klauber now anticipates that the insurance provider will post earnings per share of $9.50 for the year, down from their prior estimate of $9.72. William Blair also issued estimates for Travelers Companies’ Q2 2019 earnings at $2.17 EPS, Q3 2019 earnings at $2.37 EPS, Q4 2019 earnings at $3.58 EPS and FY2020 earnings at $11.20 EPS.
Morgan Stanley (NYSE:MS) – Investment analysts at Oppenheimer lifted their Q4 2018 earnings estimates for shares of Morgan Stanley in a report issued on Tuesday, October 16th. Oppenheimer analyst C. Kotowski now expects that the financial services provider will post earnings per share of $1.04 for the quarter, up from their prior forecast of $0.98. Oppenheimer has a “Outperform” rating and a $62.00 price objective on the stock. Oppenheimer also issued estimates for Morgan Stanley’s Q1 2019 earnings at $1.47 EPS, Q2 2019 earnings at $1.33 EPS and Q4 2019 earnings at $1.11 EPS.
InterRent REIT (TSE:IIP) – Research analysts at National Bank Financial issued their Q3 2018 earnings per share (EPS) estimates for shares of InterRent REIT in a note issued to investors on Wednesday, October 17th. National Bank Financial analyst M. Kornack anticipates that the company will post earnings of $0.12 per share for the quarter.
Barrick Gold Corp (NYSE:ABX) (TSE:ABX) – Stock analysts at Cormark raised their Q3 2018 EPS estimates for shares of Barrick Gold in a report issued on Tuesday, September 25th, Zacks Investment Research reports. Cormark analyst R. Gray now forecasts that the basic materials company will earn $0.22 per share for the quarter, up from their previous estimate of $0.15. Cormark also issued estimates for Barrick Gold’s Q4 2018 earnings at $0.21 EPS and FY2018 earnings at $0.65 EPS.
AtriCure Inc. (ATRC) had a rough trading day for Friday October 19 as shares tumbled 6.91%, or a loss of $-2.25 per share, to close at $30.29. After opening the day at $32.46, shares of AtriCure Inc. traded as high as $32.59 and as low as $30.24. Volume was 259,472 shares over 1,903 trades, against an average daily volume of 229,067 shares and a total float of 35.36 million.
Exponent Inc. (EXPO) traded on unusually high volume on Oct. 19, as the stock gained 3.17% to close at $48.82. On the day, Exponent Inc. saw 422,358 shares trade hands on 4,381 trades. Considering that the stock averages only a daily volume of 190,584 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
Bearish traders’ grip on global markets tightened this week with massive outflows from equities and bonds while investors reached for cash and less risky stocks, Bank of America Merrill Lynch strategists said on Friday.
The five largest Dutch pension funds reported quarterly returns of up to 1.3%, largely due to the performance of developed market equities, private equity and commodities.
In a market wrap, analysts at ANZ Bank New Zealand explained that US equities continued to sink, following weakness through the Asian session, as markets continue to digest the combination of higher US rates, ongoing trade tensions, and Chinese growth concerns.