By Kosaku Narioka
Recruit Holdings Co. shares rose sharply Tuesday morning after the owner of Indeed and Glassdoor job sites said it would buy back up to 150.0 billion yen ($1.01 billion) of its own shares to boost shareholder returns.
The shares were recently 4.2% higher at Y4,436 after rising as much as 5.8% earlier.
Recruit said Monday after market close that it would repurchase up to 2.5% of its outstanding shares from Oct. 18, 2022 to March 14, 2023 and that it aimed to improve capital efficiency and shareholder returns at a time when concerns have grown about the macroeconomic environment amid an unstable stock market.
The company said cash on hand would likely remain sufficient following the buyback.
The shares had lost 39% in the year to date through Monday following a 61% rise in 2021.
Best Heal Care Stocks To Own For 2023: John Hancock Financial Opportunities Fund(BTO)
John Hancock Bank and Thrift Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is long-term capital appreciation. The Fund invests at least 80% of its net assets in equity securities of United States regional banks and lending companies, including commercial and industrial banks, savings and loan associations and bank holding companies, which own or receive a substantial portion of their income from regional banks or thrifts. It may invest in investment-grade debt securities, as well as debt securities rated BB or below by Standard & Poor’s Ratings group (Standard & Poor’s) or Ba or below by Moody’s Investors Service, Inc. (Moody’s), or if unrated by such rating organizations, determined by the Fund’s investment advisor to be of comparable quality.
The Fund’s portfolio includes capital preferred securities, common stocks and short-term investments. It invests in banks and lending companies, including regional banks, diversified banks, other diversified financial services, thrifts and mortgage finance, asset management and custody banks, and consumer finance companies. John Hancock Bank and Thrift Opportunity Fund’s investment advisor is John Hancock Advisers, LLC, a wholly owned subsidiary of John Hancock Financial Services, Inc. The Fund’s sub-advisor is MFC Global Investment Management (U.S.), LLC.
Advisors’ Opinion:
- [By Max Byerly]
Zacks Investment Research upgraded shares of B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) from a hold rating to a buy rating in a report issued on Monday morning. They currently have $3.50 price objective on the basic materials company’s stock.
- [By Max Byerly]
Bottos (CURRENCY:BTO) traded 2.5% lower against the dollar during the one day period ending at 18:00 PM E.T. on October 5th. During the last week, Bottos has traded 10.8% higher against the dollar. One Bottos token can now be bought for $0.0432 or 0.00000652 BTC on cryptocurrency exchanges including Bit-Z, LBank, Bibox and CoinEgg. Bottos has a total market capitalization of $22.04 million and $683,829.00 worth of Bottos was traded on exchanges in the last day.
- [By Stephan Byrd]
B2Gold (TSE:BTO) (NYSE:BTG) had its price objective trimmed by Pi Financial from C$5.25 to C$5.10 in a research report released on Friday.
A number of other research firms have also recently weighed in on BTO. Canaccord Genuity lowered their target price on shares of B2Gold from C$7.00 to C$6.50 in a research note on Tuesday, July 24th. National Bank Financial lowered their target price on shares of B2Gold from C$7.00 to C$6.50 and set an outperform rating on the stock in a research note on Saturday, July 14th. Scotiabank reissued an outperform rating and issued a C$5.00 target price on shares of B2Gold in a research note on Monday, May 28th. Finally, Royal Bank of Canada lowered their target price on shares of B2Gold from C$5.00 to C$4.50 and set an outperform rating on the stock in a research note on Tuesday, May 22nd. Six investment analysts have rated the stock with a buy rating, B2Gold presently has a consensus rating of Buy and an average target price of C$5.38.
Best Heal Care Stocks To Own For 2023: Applied Industrial Technologies, Inc.(AIT)
In this annual report on Form 10-K, “Applied” refers to Applied Industrial Technologies, Inc., an Ohio corporation. References to “we,” “us,” “our,” and “the Company” refer to Applied and its subsidiaries. We are a leading industrial distributor in North America, Australia, and New Zealand, serving MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing) customers in virtually every industry. In addition, the Company provides engineering, design, and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, and fluid power shop services. We add value for our customers by providing product-related technical application support and solutions to help customers minimize their production downtime, improve machine performance, and reduce overall procurement and maintenance costs. Applied and its predecessor companies have engaged in this business since 1923. Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Applied Industrial Technologies (AIT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
AICHAIN (CURRENCY:AIT) traded down 1.9% against the U.S. dollar during the twenty-four hour period ending at 15:00 PM Eastern on February 16th. One AICHAIN token can now be purchased for $0.0008 or 0.00000021 BTC on major cryptocurrency exchanges including Allcoin, OTCBTC, BigONE and DEx.top. AICHAIN has a total market capitalization of $410,230.00 and $21,335.00 worth of AICHAIN was traded on exchanges in the last 24 hours. During the last seven days, AICHAIN has traded down 0.7% against the U.S. dollar.
Best Heal Care Stocks To Own For 2023: GTY Technology Holdings, Inc.(GTYH)
GTY Technology Holdings Inc. operates as a software-as-a-service (SaaS) company that offers a cloud-based suite of solutions for the public sector in North America. The company develops software technologies for the procurement and vendor or supplier sourcing industry in government, public sector, and various highly-regulated commercial vertical markets; and content, digital services, and integrated payments via a SaaS platform for government agencies and utility companies. It also develops cloud-based grants management and cost allocation software for state, local, and tribal governments; builds software to streamline municipal permissions and licenses; offers budgeting software, performance management, and transparency and data visualization solutions; and provides public sector budgeting software and consulting services. GTY Technology Holdings Inc. was founded in 2016 and is headquartered in Las Vegas, Nevada.
Advisors’ Opinion:
- [By ]
GTY Technology (NASDAQ: GTYH) is one of 117 public companies in the “Data processing & preparation” industry, but how does it compare to its competitors? We will compare GTY Technology to similar businesses based on the strength of its risk, analyst recommendations, earnings, dividends, valuation, institutional ownership and profitability.
- [By Logan Wallace]
Citigroup Inc. raised its position in GTY Technology Holdings Inc (NASDAQ:GTYH) by 635.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 477,974 shares of the company’s stock after purchasing an additional 412,974 shares during the period. Citigroup Inc. owned 1.37% of GTY Technology worth $4,756,000 at the end of the most recent quarter.
Best Heal Care Stocks To Own For 2023: BlackRock Utility and Infrastructure Trust(BUI)
BlackRock Utility and Infrastructure Trust (the Trust) is a closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments in the world. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust’s portfolio includes its investments in various sectors, such as construction and engineering; diversified telecommunication services; electric utilities; gas utilities; independent power and renewable electricity producers; multi-utilities; oil, gas and consumable fuels; real estate investment trusts; road and rail; water utilities, and wireless telecommunication services. BlackRock Advisors, LLC is its investment advisor. Advisors’ Opinion:
- [By Logan Wallace]
Blackrock Utlts Infra&Pwr Oprtnt Trst (NYSE:BUI) announced a monthly dividend on Monday, October 1st, NASDAQ reports. Shareholders of record on Monday, October 15th will be paid a dividend of 0.121 per share by the real estate investment trust on Wednesday, October 31st. This represents a $1.45 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date is Friday, October 12th.
- [By Ethan Ryder]
Media stories about Blackrock Utlts Infra&Pwr Oprtnt Trst (NYSE:BUI) have trended somewhat negative this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blackrock Utlts Infra&Pwr Oprtnt Trst earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 47.3004100251897 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
- [By Logan Wallace]
Raymond James Financial Services Advisors Inc. lifted its position in shares of Blackrock Utlts Infra&Pwr Oprtnt Trst (NYSE:BUI) by 23.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,436 shares of the real estate investment trust’s stock after buying an additional 7,911 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.24% of Blackrock Utlts Infra&Pwr Oprtnt Trst worth $829,000 at the end of the most recent quarter.
- [By Ethan Ryder]
News headlines about Blackrock Utlts Infra&Pwr Oprtnt Trst (NYSE:BUI) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blackrock Utlts Infra&Pwr Oprtnt Trst earned a news impact score of 0.00 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 47.4349959781156 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Best Heal Care Stocks To Own For 2023: HMS Holdings Corp(HMSY)
HMS Holdings Corp., incorporated on October 4, 2002, is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.
The Company offers services to state Medicaid agencies, government health agencies and health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers, and other healthcare payers and sponsors, including child support agencies. The Company serves approximately 45 state Medicaid programs and the District of Columbia, and government health agencies, including Centers for Medicare and Medicaid Services (CMS) and the Veterans Health Administration (VHA). It also provides services to approximately 250 health plans and supports their multiple lines of business. It additionally serves as a subcontractor for certain business outsourcing and technology firms.
The Company’s coordination of benefits offering to customers consists of services that draw principally upon information management and data mining techniques. The Company’s services are applicable to the federal, state and commercial health plans, and address errors across the payment continuum, from an individual’s enrollment in a program before any medical service is rendered, to pre-payment review of a claim by a payer, through recovery audit where discovery of an improper payment is made. The Company’s services also address the spectrum of payment errors, from eligibility and coordination of benefits errors, to the identification and investigation of potential fraud, and extend to various claim types. The Company’s range of services includes coordination of benefits services, payment integrity services and eligibility verification services. The Company provides cost avoidance services, in which it provides insurance coverage information that is used by government-sponsored payers to coordinate benefits for incoming claims. For Medicaid agencies, the Company also provides estate recovery services to identify and recover Medicaid expenditures from the estates of deceased Medicaid members in accordance with state policies.
The Company provides services to assist customers in identifying other third-party insurance and recovering medical expenses where a member is involved in a casualty or tort incident. For Medicaid agencies, it provides estate recovery services to identify and recover Medicaid expenditures from the estates of deceased Medicaid members in accordance with state policies. The Company’s payment integrity services are designed to verify that medical services are utilized, billed and paid. The Company’s payment integrity services combine data analytics, clinical expertise and technology to identify improper payments on both a pre-payment and post-payment basis; identify and recover overpayments or underpayments; detect and prevent fraud, waste and abuse, and identify process improvements. The Company’s eligibility verification services include asset and income verification, premium assistance, dependent eligibility audits and other verification solutions. The Company provides its products and services under contracts or sub-contracts that contain various fee structures, including contingency fee and fixed fee arrangements.
The Company competes with Optum, Inc., Public Consulting Group, Inc., Emdeon Inc., HP, Xerox, CGI Federal, Inc., Cotiviti, Performant Financial Corp., Cognosante, Myers & Stauffer LC, Verisk Health, Inc. and LexisNexis Risk Solutions.
Advisors’ Opinion:
- [By Ethan Ryder]
GW&K Investment Management LLC trimmed its holdings in shares of HMS Holdings Corp (NASDAQ:HMSY) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 329,094 shares of the business services provider’s stock after selling 1,347 shares during the quarter. GW&K Investment Management LLC owned about 0.39% of HMS worth $9,257,000 as of its most recent filing with the SEC.
- [By Logan Wallace]
COPYRIGHT VIOLATION WARNING: “Cigna Investments Inc. New Raises Position in HMS Holdings Corp (HMSY)” was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be accessed at www.tickerreport.com/banking-finance/4158664/cigna-investments-inc-new-raises-position-in-hms-holdings-corp-hmsy.html.
- [By Max Byerly]
Macquarie Group Ltd. raised its stake in shares of HMS Holdings Corp (NASDAQ:HMSY) by 344.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,000 shares of the business services provider’s stock after buying an additional 6,200 shares during the period. Macquarie Group Ltd.’s holdings in HMS were worth $173,000 as of its most recent SEC filing.
Best Heal Care Stocks To Own For 2023: NeoGenomics, Inc.(NEO)
NeoGenomics, Inc., through its subsidiaries, operates a network of cancer-focused genetic testing laboratories providing genetic and molecular testing services to hospitals, pathologists, oncologists, urologists, other clinicians and researchers, and other laboratories in the United States. It offers cytogenetics testing services to study normal and abnormal chromosomes and their relationship to diseases; fluorescence in-situ hybridization testing services that focus on detecting and locating the presence or absence of specific DNA sequences and genes on chromosomes; flow cytometry testing services to measure the characteristics of cell populations; immunohistochemistry and digital imaging testing services to localize proteins in cells of a tissue section, as well as to allow clients to see and utilize scanned slides, and perform quantitative analysis for certain stains; and molecular testing services that focus on the analysis of DNA and RNA, and the structure and function of genes at the molecular level. The company also provides pathology consultation services for clients in which its pathologists review surgical samples on a consultative basis; and testing services in support of its pharmaceutical clients oncology programs, as well as acts as a reference laboratory supplying anatomic pathology testing services. NeoGenomics, Inc. was founded in 2001 and is headquartered in Fort Myers, Florida.
