Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Altra Industrial Motion (AIMC) Share P

News headlines about Altra Industrial Motion (NASDAQ:AIMC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Altra Industrial Motion earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.7449639678974 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

AIMC has been the topic of several recent analyst reports. Zacks Investment Research downgraded Altra Industrial Motion from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Robert W. Baird upgraded Altra Industrial Motion from a “neutral” rating to an “outperform” rating and set a $50.00 target price on the stock in a research note on Thursday, March 8th. ValuEngine downgraded Altra Industrial Motion from a “buy” rating to a “hold” rating in a research note on Monday, April 23rd. Stephens reiterated a “buy” rating and set a $52.00 target price on shares of Altra Industrial Motion in a research note on Thursday, March 8th. Finally, BidaskClub upgraded Altra Industrial Motion from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $52.20.

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Shares of Altra Industrial Motion traded up $0.45, reaching $44.50, on Friday, MarketBeat.com reports. The stock had a trading volume of 596,350 shares, compared to its average volume of 127,339. The company has a market cap of $1.29 billion, a P/E ratio of 21.71 and a beta of 1.63. Altra Industrial Motion has a 1 year low of $38.80 and a 1 year high of $53.70. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.58 and a quick ratio of 1.54.

Altra Industrial Motion (NASDAQ:AIMC) last released its quarterly earnings results on Friday, April 27th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.05. The firm had revenue of $240.39 million for the quarter, compared to the consensus estimate of $229.34 million. Altra Industrial Motion had a return on equity of 16.28% and a net margin of 5.56%. The company’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the business posted $0.53 EPS. analysts expect that Altra Industrial Motion will post 2.47 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 3rd. Stockholders of record on Monday, June 18th will be paid a $0.17 dividend. The ex-dividend date is Friday, June 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.53%. Altra Industrial Motion’s dividend payout ratio (DPR) is currently 33.17%.

In related news, Director James H. Woodward, Jr. sold 13,523 shares of the firm’s stock in a transaction on Friday, May 11th. The stock was sold at an average price of $42.85, for a total value of $579,460.55. Following the transaction, the director now directly owns 11,998 shares of the company’s stock, valued at approximately $514,114.30. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Todd Patriacca sold 700 shares of the firm’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $46.00, for a total value of $32,200.00. Following the completion of the transaction, the vice president now directly owns 25,890 shares in the company, valued at $1,190,940. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,223 shares of company stock worth $784,021. Company insiders own 3.20% of the company’s stock.

Altra Industrial Motion Company Profile

Altra Industrial Motion Corp. designs, produces, and markets mechanical power transmission components worldwide. The company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes; and Gearing. It offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, oil and gas, power generation, material handling, medical, metals, mining, and mobile off-highway markets; and heavy duty clutches and brakes under the Wichita Clutch, Twiflex, Industrial Clutch, Svendborg Brakes, and Stromag brands for use in metal forming, oil and gas drilling platforms, mining, material handling, marine, and wind turbine applications.

The Pound Needs a Helping Hand. Mark Carney May Not Provide It

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The Bank of England’s meeting this week may bring little cheer for the beleaguered pound as patchy economic data cast a shadow over the prospects of tighter U.K. monetary policy.

Strategists at Goldman Sachs Group Inc. maintain their call that the BOE will refrain from raising interest rates before November, while HSBC Bank Plc sees a downbeat outlook for the British economy. Bank of America Merrill Lynch analysts also expect the central bank to adjust policy only toward year-end, but caution that there is a risk that policy makers led by Governor Mark Carney disregard recent data and signal an August rate hike.

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Sterling has slid almost 6 percent against the dollar since the end of March, heading for the biggest quarterly loss in two years, as inconsistent U.K. data and Brexit uncertainties chipped away at prospects of a BOE rate increase in August. Money markets are currently pricing in a 44 percent chance of a 25-basis-point hike in August, down from 55 percent at the start of last week.

Below are some strategist views on BOE policy and market implications:

Goldman SachsExpects a 7-2 vote for no change in Bank Rate in Thursday’s announcement Expects MPC “to acknowledge the possibility that the weakness of output in 1Q reflects a more persistent slowdown than envisaged in May -- a slowdown less likely to be symptomatic of temporary weather effects,” according to economist Adrian PaulThe minutes are “likely to allude to intensifying political risks associated with Brexit negotiations”Goldman sticks to base case of 25bps rate increase in November, forecasts sterling to weaken to 91 pence per euro in six months, 92 pence in 12 months from the current level of around 88 penceHSBCBOE will “want to keep the door firmly open for a hike in August” so might focus on better data such as employment, according to strategist Daniela RussellMarket attention will be on the MPC vote and any signals for a rate increase in AugustStill, HSBC has started to buy front end of the U.K. gilts last week “For us, regardless of whether or not they hike in August, the big picture hasn’t changed” “The risks to the growth outlook are skewed firmly to the downside”Continued Brexit uncertainty “may persuade the MPC to remain cautious for a little while longer”Bank of America Merrill LynchBOE will stay on hold in August and on Thursday “they will issue a ‘holding statement’ after their policy meeting,” according to strategists Sebastien Cross and Kamal SharmaRecommended receiving August MPC-dated OIS back in April (entered at 61bps, targeting 50bps and with a stop at 67bps)While U.K. data have been mixed, BofAML strategists “continue to see growth struggling to pick up sufficiently for the BOE to justify a hike by August”Biggest risk at this week’s meeting is “the minutes flagging an increased willingness among the MPC to hike rates regardless of the data”“This is one reason we limit our long to the very front end of the curve heading into the meeting,” they write in a client note dated June 19NordeaNordea strategists including Andreas Steno Larsen “see an increasing risk that the market will get carried away by the prospect of an August hike”Wouldn’t be surprised to see a replay of the market moves ahead of the May meeting unfolding in the pound over the summer“First stronger GBP, as the market buys into the August hike, then weaker GBP once the market takes the hike off the table again due to poor data”Still “favor more structural downside in GBP/USD, but don’t consider the timing for another short optimal right now”

— With assistance by James Hirai

Top 5 Dividend Stocks To Watch Right Now

tags:RTN,MCHP,RBC,SCG,PNW, Investment Thesis

Ford (NYSE: F) posted a surprising May with sales increasing 0.7% after a contracting in March. Truck and SUV sales remain strong as consumer preference shifts to smaller automobiles due to lower gas prices. This sales mix is resulting in higher revenue and net income which is evident by the company��s growth rates in both categories in the first quarter of 2018. With a below-industry-average P/E and a near 5.5% dividend yield, I continue to recommend Ford as a buy.

Monthly Sales Data

Ford announced May 2018 U.S. vehicle sales of nearly 243K, up 0.7% from May 2017. While small, this increase was well ahead of estimates from Edmunds at a decline of 1.9%. Overall, the industry as a whole saw U.S. new car sales rise in May with projections largely in the 2-3% range. Despite this traction, consumer demand continued to weaken from the record highs in 2016; however, consumers continued the shift toward larger vehicles that helped push the average sales price to $35,635 in May 2018, which is an increase of 3.4% from May 2017. For the entire year, analysts are expecting U.S. auto sales to fall again in 2018 after the (2%) decrease in 2017 with the current forecast at 16.8M.

Top 5 Dividend Stocks To Watch Right Now: Raytheon Company(RTN)

Advisors' Opinion:

• [By ]

  In the Lightning Round, Cramer was bullish on Bank of Internet (BOFI) , MGM Resorts (MGM) , Verizon (VZ) , Chipotle Mexican Grill (CMG) , Oracle (ORCL) , Salesforce.com (CRM) , PayPal (PYPL) , Raytheon (RTN) and McDonald's (MCD) .

• [By VantagePoint]

  Raytheon Company (NYSE: RTN) has actually been on a prolonged uptrend going back five years, but the stock struggled for the first three months of 2018 to get over the $220 level. That resistance has since broken however, and RTN has continued to reach new all-time highs. This is another one that is looking poised to continue higher through its earnings report on April 26. Raytheon has exceeded Wall Street's EPS estimates every quarter since July 2016. 

• [By Benzinga News Desk]

  Coffee waste is now fetching a 480 percent premium over coffee itself. Prices for dried husks are outstripping those for beans: Link

  ECONOMIC DATA The Richmond Fed manufacturing index for May will be released at 10:00 a.m. ET. The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET. The Treasury is set to auction 2-year notes at 1:00 p.m. ET. ANALYST RATINGS Susquehanna upgrades Macy's (NYSE: M) to Positive, Raises Price Target to $43 Deutsche Bank downgrades Manchester United (NYSE: MANU) to Hold, Lowers Price Target to $21 Credit Suisse downgrades Raytheon (NYSE: RTN) to Neutral, Announces $219 Price Target

  This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

• [By Logan Wallace]

  Wesbanco Bank Inc. grew its holdings in Raytheon (NYSE:RTN) by 118.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 76,704 shares of the aerospace company’s stock after purchasing an additional 41,556 shares during the quarter. Wesbanco Bank Inc.’s holdings in Raytheon were worth $16,555,000 as of its most recent SEC filing.

• [By ]

  The second portfolio's top holdings included Intel (INTC) , JPMorgan Chase (JPM) , Raytheon (RTN) , Nucor (NUE) and Netflix (NFLX) .

  Cramer said this portfolio was "perfectly" diversified.

• [By ]

  And it’s not like there aren’t plenty of catalysts in the wind that could derail the whole thing. For one, there are plenty of big earnings reports this morning that could mess things up, especially in some currently out-of-favor sectors like staples (MO, HSY) and defense (RTN).

Top 5 Dividend Stocks To Watch Right Now: Microchip Technology Incorporated(MCHP)

Advisors' Opinion:

• [By VantagePoint]

  Microchip Technology Incorporated (NASDAQ: MCHP) had a clear crossover to the upside on May 3, when the blue predicted moving average crossed above the black simple 10-day moving average. Since then the stock is up 17 percent, while the gray candle predicting Thursday's range shows continued upside. As long as the two lines don't crossover, look for this uptrend to continue. 

• [By Shanthi Rexaline]

  Morgan Stanley's Joseph Moore previewed earnings reports from MPINJ Inc (NASDAQ: PI), Microchip Technology Inc. (NASDAQ: MCHP) and NVIDIA Corporation (NASDAQ: NVDA). Morgan Stanley has the following ratings on the companies:

• [By ]

  Though concerns have been raised that the analog and MCU markets are at risk of seeing an inventory correction (they haven't had a major one in a while), given signs of excessive ordering and stretched lead times, TI and STMicro's numbers suggest conditions remain good for now. That's particularly true in industrial and auto markets where trends such as factory automation, ADAS adoption and electric/hybrid car sales are boosting chip demand. Several other analog/MCU firms, including Microchip (MCHP) , ON Semiconductor (ON) , Maxim Integrated (MXIM) and NXP Semiconductors (NXPI) , will be reporting soon.

• [By Lee Jackson]

  This company is a huge Internet of Things benefactor. Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, mixed-signal, analog and flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.

Top 5 Dividend Stocks To Watch Right Now: Regal Beloit Corporation(RBC)

Advisors' Opinion:

• [By Lisa Levin] Companies Reporting Before The Bell Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion. Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion. Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion. Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion. Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million. The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion. Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion. US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion. DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion. Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million. Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion. Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion. Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion. JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o
• [By Logan Wallace]

  Foundry Partners LLC raised its holdings in Regal Beloit Corp (NYSE:RBC) by 2.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 183,147 shares of the industrial products company’s stock after purchasing an additional 4,534 shares during the quarter. Foundry Partners LLC owned 0.42% of Regal Beloit worth $13,434,000 as of its most recent filing with the Securities and Exchange Commission.

• [By Ethan Ryder]

  Generac (NYSE: GNRC) and Regal Beloit (NYSE:RBC) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, analyst recommendations, valuation, profitability, earnings and dividends.

Top 5 Dividend Stocks To Watch Right Now: Scana Corporation(SCG)

Advisors' Opinion:

• [By Ethan Ryder]

  Teacher Retirement System of Texas trimmed its stake in SCANA Co. (NYSE:SCG) by 19.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,987 shares of the utilities provider’s stock after selling 7,419 shares during the period. Teacher Retirement System of Texas’ holdings in SCANA were worth $1,126,000 as of its most recent SEC filing.

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on SCANA (SCG)

  For more information about research offerings from Zacks Investment Research, visit Zacks.com

• [By Lisa Levin] Companies Reporting Before The Bell General Motors Company (NYSE: GM) is projected to report quarterly earnings at $1.24 per share on revenue of $34.66 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report quarterly earnings at $0.85 per share on revenue of $5.24 billion. United Parcel Service, Inc. (NYSE: UPS) is expected to report quarterly earnings at $1.55 per share on revenue of $16.44 billion. Time Warner Inc. (NYSE: TWX) is projected to report quarterly earnings at $1.74 per share on revenue of $7.91 billion. ConocoPhillips (NYSE: COP) is expected to report quarterly earnings at $0.74 per share on revenue of $8.81 billion. PepsiCo, Inc. (NYSE: PEP) is expected to report quarterly earnings at $0.93 per share on revenue of $12.4 billion. American Airlines Group Inc. (NASDAQ: AAL) is estimated to report quarterly earnings at $0.72 per share on revenue of $10.42 billion. Southwest Airlines Co (NYSE: LUV) is expected to report quarterly earnings at $0.74 per share on revenue of $5.01 billion. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is estimated to report quarterly earnings at $0.8 per share on revenue of $34.52 billion. Union Pacific Corporation (NYSE: UNP) is projected to report quarterly earnings at $1.66 per share on revenue of $5.38 billion. D.R. Horton, Inc. (NYSE: DHI) is expected to report quarterly earnings at $0.85 per share on revenue of $3.76 billion. The Hershey Company (NYSE: HSY) is estimated to report quarterly earnings at $1.4 per share on revenue of $1.94 billion. Praxair, Inc. (NYSE: PX) is expected to report quarterly earnings at $1.56 per share on revenue of $2.94 billion. Altria Group, Inc. (NYSE: MO) is projected to report quarterly earnings at $0.92 per share on revenue of $4.63 billion. Shire plc (NASDAQ: SHPG) is estimated to report quarterly earnings at $3.54 per share on revenue of $3.72 billion. Oshkosh Corporation (NYSE: OSK) is projected to report quarter

Top 5 Dividend Stocks To Watch Right Now: Pinnacle West Capital Corporation(PNW)

Advisors' Opinion:

• [By Stephan Byrd]

  Atria Investments LLC cut its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 49.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,651 shares of the utilities provider’s stock after selling 4,560 shares during the period. Atria Investments LLC’s holdings in Pinnacle West Capital were worth $371,000 as of its most recent filing with the SEC.

• [By Joseph Griffin]

  M&T Bank Corp raised its position in Pinnacle West Capital Co. (NYSE:PNW) by 15.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 8,775 shares of the utilities provider’s stock after purchasing an additional 1,196 shares during the period. M&T Bank Corp’s holdings in Pinnacle West Capital were worth $700,000 at the end of the most recent reporting period.

• [By Ethan Ryder]

  ING Groep NV lifted its holdings in shares of Pinnacle West Capital Co. (NYSE:PNW) by 7.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,423 shares of the utilities provider’s stock after acquiring an additional 800 shares during the quarter. ING Groep NV’s holdings in Pinnacle West Capital were worth $912,000 at the end of the most recent quarter.

LRAD Corp (LRAD) Major Shareholder Awm Investment Company, Inc. Sells 10,800 Shares

LRAD Corp (NASDAQ:LRAD) major shareholder Awm Investment Company, Inc. sold 10,800 shares of the business’s stock in a transaction dated Thursday, June 7th. The shares were sold at an average price of $2.00, for a total value of $21,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Shares of LRAD traded up $0.08, hitting $2.10, on Friday, Marketbeat.com reports. The company had a trading volume of 53,331 shares, compared to its average volume of 41,931. The stock has a market cap of $65.44 million, a PE ratio of 202.00 and a beta of 0.61. The company has a quick ratio of 3.83, a current ratio of 4.70 and a debt-to-equity ratio of 0.01. LRAD Corp has a twelve month low of $1.46 and a twelve month high of $2.58.

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LRAD (NASDAQ:LRAD) last issued its quarterly earnings data on Tuesday, May 15th. The scientific and technical instruments company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.01). The company had revenue of $7.87 million during the quarter. LRAD had a negative net margin of 5.84% and a positive return on equity of 1.22%.

A hedge fund recently bought a new stake in LRAD stock. LPL Financial LLC acquired a new stake in LRAD Corp (NASDAQ:LRAD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 90,157 shares of the scientific and technical instruments company’s stock, valued at approximately $224,000. LPL Financial LLC owned 0.28% of LRAD as of its most recent SEC filing. Institutional investors and hedge funds own 46.98% of the company’s stock.

About LRAD

LRAD Corporation designs, develops, and commercializes directed sound technologies and products in North and South America, Europe, the Middle East, Africa, and Asia. It develops directed acoustic communication systems that focus sound over short and long distances. The company offers directional and omnidirectional acoustic systems and accessories.