On July 17, Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) announced a change to its share repurchase program:
"The earlier share repurchase program provided that the price paid for repurchases would not exceed a 20% premium over the then-current book value of such shares. Under the amendment adopted by the Board of Directors, share repurchases can be made at any time that both Warren Buffett, Berkshire's Chairman and CEO, and Charlie Munger, a Berkshire Vice Chairman, believe that the repurchase price is below Berkshire's intrinsic value, conservatively determined."
Of course, Berkshire didn't report any repurchases in its recent second quarter report, since the quarter ended two weeks prior to the announcement. So, did Buffett and Munger decide to loosen the purse strings on Berkshire's cash pile randomly, or did the announcement signal they want to start buying shares right now? Though the stock sits near all-time highs, I think it's entirely possible Berkshire is repurchasing its shares at this very moment.
Top 10 Warren Buffett Stocks To Own Right Now: Eaton Vance California Municipal Bond Fund II(EIA)
Advisors' Opinion:- [By Joseph Griffin]
Eaton Vance California Municpl Bnd Fd II (NYSEAMERICAN:EIA) announced a monthly dividend on Monday, June 4th, Wall Street Journal reports. Shareholders of record on Friday, June 22nd will be given a dividend of 0.0442 per share by the closed-end fund on Friday, June 29th. This represents a $0.53 annualized dividend and a yield of 4.89%. The ex-dividend date is Thursday, June 21st.
Top 10 Warren Buffett Stocks To Own Right Now: Cardiome Pharma Corporation(CRME)
Advisors' Opinion:- [By Logan Wallace]
Cardiome Pharma Co. (TSE:COM) (NASDAQ:CRME) – Stock analysts at Zacks Investment Research issued their Q2 2018 EPS estimates for Cardiome Pharma in a research note issued on Tuesday, May 22nd. Zacks Investment Research analyst J. Vandermosten anticipates that the biopharmaceutical company will post earnings per share of ($0.26) for the quarter.
- [By Stephan Byrd]
Here are some of the media stories that may have impacted Accern’s rankings:
Get Cardiome Pharma alerts: Cardiome Pharma Corp (TSE:COM): Should The Recent Earnings Drop Worry You? (finance.yahoo.com) Pacira Pharmaceuticals Gets a Hold Rating from Canaccord Genuity (analystratings.com) As of May, 21 Analysts See $-0.20 EPS for Cardiome Pharma Corp. (CRME) (thecasualsmart.com) Cardiome Pharma Corp. (CRME) stock added 0.33% off its SMA-20 (thestocksnews.com) Cardiome Pharma (CRME) Upgraded to Sell at ValuEngine (americanbankingnews.com)Shares of CRME traded down $0.01 during mid-day trading on Wednesday, reaching $2.29. The company’s stock had a trading volume of 730 shares, compared to its average volume of 138,610. The firm has a market cap of $80.20 million, a price-to-earnings ratio of -2.53 and a beta of 0.19. The company has a debt-to-equity ratio of 2.47, a quick ratio of 3.99 and a current ratio of 4.80. Cardiome Pharma has a 52 week low of $2.28 and a 52 week high of $2.30.
- [By Lisa Levin]
Cardiome Pharma Corp. (NASDAQ: CRME) is expected to post quarterly loss at $0.07 per share on revenue of $6.34 million.
Quest Resource Holding Corporation (NASDAQ: QRHC) is estimated to post quarterly loss at $0.09 per share on revenue of $24.85 million.
Top 10 Warren Buffett Stocks To Own Right Now: Lumber Liquidators Holdings, Inc(LL)
Advisors' Opinion:- [By Neha Chamaria]
Lumber Liquidators (NYSE:LL) shares fell through the floor in the first quarter of the year, losing more than one-third in value; they regained some ground to end the first half of 2018 down 22.4%, according to data provided by S&P Global Market Intelligence. Going by the stock's recovery in the past couple of months -- July has also been strong so far -- it seems investors are betting on better days ahead for the flooring retailer.
- [By Motley Fool Transcribers]
Lumber Liquidators Holdings Inc (NYSE:LL)Q4 2018 Earnings Conference CallMarch 18, 2019, 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
Lumber Liquidators Holdings (NYSE:LL) – Oppenheimer upped their FY2018 earnings per share (EPS) estimates for shares of Lumber Liquidators in a report issued on Tuesday, May 1st. Oppenheimer analyst B. Nagel now forecasts that the specialty retailer will post earnings of $0.80 per share for the year, up from their prior estimate of $0.70.
Top 10 Warren Buffett Stocks To Own Right Now: HMS Holdings Corp(HMSY)
Advisors' Opinion:- [By Logan Wallace]
Massachusetts Financial Services Co. MA increased its position in shares of HMS Holdings (NASDAQ:HMSY) by 40.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,007,174 shares of the business services provider’s stock after purchasing an additional 292,456 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.21% of HMS worth $16,961,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Max Byerly]
HMS Holdings Corp (NASDAQ:HMSY) has been assigned an average recommendation of “Buy” from the thirteen analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $30.90.
- [By Lisa Levin] Gainers Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) shares jumped 29.86 percent to close at $2.87 on Friday. Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares gained 28.87 percent to close at $8.75 after reporting upbeat Q1 earnings. Mexco Energy Corporation (NYSE: MXC) gained 27.02 percent to close at $5.4744. Carbon Black, Inc. (NASDAQ: CBLK) climbed 26 percent to close at $23.94. Carbon Black priced its IPO at $19 per share. Portola Pharmaceuticals, Inc. (NASDAQ: PTLA) rose 25.64 percent to close at $42.44 after the FDA approved the company's Andexxa, the only antidote indicated for patients treated with rivaroxaban and apixaban. Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) rose 23.19 percent to close at $8.50 after reporting Q2 results. California Resources Corporation (NYSE: CRC) shares gained 22.45 percent to close at $31.58 following upbeat Q1 earnings. Atomera Incorporated (NASDAQ: ATOM) gained 22.31 percent to close at $6.25 after reporting Q1 results. Medifast, Inc. (NYSE: MED) shares jumped 22.27 percent to close at $121.46 after the company reported strong Q1 results and raised its FY18 guidance. Jerash Holdings (US), Inc. (NASDAQ: JRSH) gained 20.86 percent to close at $8.46. Pandora Media, Inc. (NYSE: P) rose 19.83 percent to close at $6.89 after reporting strong quarterly results. Shake Shack Inc (NYSE: SHAK) rose 18.01 percent to close at $55.95 on Friday after the company reported upbeat results for its first quarter and raised its FY18 guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) rose 17.73 percent to close at $21.25 after reporting strong preliminary results for the third quarter. Schmitt Industries, Inc. (NASDAQ: SMIT) rose 17.41 percent to close at $2.36. Titan International, Inc. (NYSE: TWI) shares gained 16.78 percent to close at $12.25 following Q1 earnings. Integer Holdings Corporation (NYSE: ITGR) shares rose 14.23 percent to close at $63.40 following Q1 result
- [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.
- [By Logan Wallace]
HMS Holdings Corp (NASDAQ:HMSY) has earned an average recommendation of “Buy” from the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $30.13.
- [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 https://www.tickerreport.com/banking-finance/4158664/cigna-investments-inc-new-raises-position-in-hms-holdings-corp-hmsy.html.
Top 10 Warren Buffett Stocks To Own Right Now: CHS Inc(CHSCL)
Advisors' Opinion:- [By Joseph Griffin]
CHS (NASDAQ:CHSCL) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Friday.
Top 10 Warren Buffett Stocks To Own Right Now: Books-A-Million Inc.(BAMM)
Advisors' Opinion:- [By Joseph Griffin]
News articles about Books-A-Million (NASDAQ:BAMM) have trended positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Books-A-Million earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 44.3915244007427 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Top 10 Warren Buffett Stocks To Own Right Now: Empire State Realty Trust, Inc.(ESRT)
Advisors' Opinion:- [By Logan Wallace]
Citadel Advisors LLC grew its holdings in Empire State Realty Trust Inc (NYSE:ESRT) by 109.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,444,342 shares of the real estate investment trust’s stock after purchasing an additional 1,801,601 shares during the quarter. Citadel Advisors LLC’s holdings in Empire State Realty Trust were worth $58,899,000 at the end of the most recent reporting period.
- [By ]
For example, nobody is going to come along and build another Empire State Building. In fact, you can actually invest in this building through the Empire State Realty Trust (NYSE: ESRT).
- [By Matthew Frankel, CFP]
With all of that in mind, here's why I think Realty Income (NYSE:O) and Empire State Realty Trust (NYSE:ESRT) make excellent IRA investments. In fact, I hold both in my retirement portfolio.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Empire State Realty Trust (ESRT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Warren Buffett Stocks To Own Right Now: Vanguard Mega Cap Value ETF (MGV)
Advisors' Opinion:- [By Shane Hupp]
Baird Financial Group Inc. purchased a new stake in Vanguard Mega Cap Value ETF (NYSEARCA:MGV) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,229 shares of the company’s stock, valued at approximately $761,000.
Top 10 Warren Buffett Stocks To Own Right Now: Liberty All-Star Equity Fund(USA)
Advisors' Opinion:- [By ]
Given that the Fed has indicated it would welcome a modest overshoot in inflation, markets would likely need to see wages grow by 0.4 percent or 0.5 percent to gain confidence in a fourth 2018 hike, according to Priya Misra, head of global rates strategy at TD Securities (USA) LLC.
- [By ]
These are the participating banks:
In the U.S.: Ally Financial, American Express, Bank of America, Bank of New York Mellon, BB&T, Capital One, CIT, Citigroup, Citizens Financial, Comerica, Discover Financial, Fifth Third, Goldman Sachs, Huntington, JPMorgan Chase, KeyBanc, M&T, Morgan Stanley, Northern Trust, PNC Financial, Regions Financial, State Street, SunTrust, U.S. Bancorp, Wells Fargo, and Zions. Non-U.S. firms: Barclays US, BBVA Compass Bancshares, BMO Financial, BNP Paribas USA, Credit Suisse Holdings (USA), Deutsche Bank USA, HSBC North America Holdings, MUFG Americas Holdings, RBC USA, Santander Holdings USA, TD Group US, UBS AmericasHere’s a sample of recent analyst commentary:
Top 10 Warren Buffett Stocks To Own Right Now: Calumet Specialty Products Partners L.P.(CLMT)
Advisors' Opinion:- [By Reuben Gregg Brewer]
Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) and Delek US Holdings, Inc. (NYSE:DL) have both witnessed large stock advances over the past year. However, the performances of these chemical and refining companies have started to diverge somewhat over the past few months. There's a good reason for this, but does that make Delek, the better performer this year, the better stock for investors?
- [By Max Byerly]
Get a free copy of the Zacks research report on Calumet Specialty Products Partners, L.P (CLMT)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Tyler Crowe]
Whenever a company is in the midst of a multiyear turnaround plan like Calumet Specialty Products Partners (NASDAQ:CLMT), some quarters are going to show more progress than others. This past quarter was one of those less noticeable quarters as many of the moves it made were a detriment to the bottom line. Nevertheless, there were some reasons investors should be satisfied with what Calumet did in the quarter.
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