Current capital – Angil http://angil.org/ Mon, 18 Oct 2021 19:50:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://angil.org/wp-content/uploads/2021/06/icon-2021-06-29T195041.460-150x150.png Current capital – Angil http://angil.org/ 32 32 Taiwan Semiconductor Manufacturing (NYSE: TSM) capital allocation points to better future returns https://angil.org/taiwan-semiconductor-manufacturing-nyse-tsm-capital-allocation-points-to-better-future-returns/ https://angil.org/taiwan-semiconductor-manufacturing-nyse-tsm-capital-allocation-points-to-better-future-returns/#respond Mon, 18 Oct 2021 18:37:35 +0000 https://angil.org/taiwan-semiconductor-manufacturing-nyse-tsm-capital-allocation-points-to-better-future-returns/ This article originally appeared on Simply Wall Street News. Actions of Semiconductor manufacturing in Taiwan ( NYSE: TSM ) reacted well to the third quarter results released last week. But the share price remains in an overall downtrend that started in February. Highlights of third quarter results: Revenue of $ 14.88 billion, $ 140 million […]]]>

This article originally appeared on Simply Wall Street News.

Actions of Semiconductor manufacturing in Taiwan ( NYSE: TSM ) reacted well to the third quarter results released last week. But the share price remains in an overall downtrend that started in February.

Highlights of third quarter results:

  • Revenue of $ 14.88 billion, $ 140 million ahead of consensus and up 22.5% year-over-year.

  • GAAP EPS of $ 1.08, $ 0.05 ahead of consensus and up 20% year-on-year.

  • Gross and operating margins above consensus and improved compared to Q2.

TSMC has underperformed the semiconductor market and industry by up to 20% since February, and the stock price has only risen 6% since the start of the year. Many semiconductor companies have struggled this year. This is partly due to the shortage of chips affecting customers and partly due to the strong price performance in 2020. In the case of TSMC, the share price rose 85% in 2020 and 273% during the year. of the last 5 years (excluding dividends).

The TSMC share price could also move sideways as the outlook does not stand out from the industry or the market in general. The following chart illustrates the earnings and revenue growth prospects for TSM, the semiconductor industry, and the US stock market.

NYSE: TSM Analyst Future Growth Forecast October 18, 2021

With expectations broadly in line with the industry and the market, there does not appear to be any reason to take the risk currently associated with chip stocks. TSMC does not appear overvalued, but neither does it look cheap compared to the expected growth rate.

Although the immediate future does not look very exciting, we can see how much the company is allocating capital. This will give us an idea of ​​TSMC’s ability to increase its profits in the future. To do this, we can calculate the Return on Capital Employed (ROCE).

What is Return on Employee Capital (ROCE)?

If you’ve never worked with ROCE before, it measures the “return” (profit before taxes) that a business generates on capital employed in its business. The formula for this calculation on Taiwan Semiconductor Manufacturing is:

Return on capital employed = Profit before interest and taxes (EBIT) ÷ (Total assets – Current liabilities)

0.23 = NT $ 625 billion ÷ (NT 3.3 tons – NT $ 656 billion) (Based on the last twelve months up to September 2021) .

Therefore, Taiwan Semiconductor Manufacturing has a ROCE of 23% . It’s a fantastic return and not only that, it exceeds the 13% average earned by companies in a similar industry. For the context, among the major semiconductor producers, only Qualcomm ( NASDAQ: QCOM ), Texas instruments ( NASDAQ: TXN ), and Advanced Micro Devices, Inc. ( NASDAQ: AMD ), have a higher ROCE.

Check out our latest analysis for Taiwan Semiconductor Manufacturing

roce NYSE: TSM Return on Capital Employed October 18, 2021

roce NYSE: TSM Return on Capital Employed October 18, 2021

In the graph above, we measured Taiwan Semiconductor Manufacturing’s past ROCE against its past performance, but arguably the future is more important.

So, how is TSMC’s ROCE evolving?

We would rather be satisfied with a return on capital like Taiwan Semiconductor Manufacturing. The company has steadily gained 23% over the past five years and the capital employed within the company has increased by 83% during this period. Now that the ROCE is attractive at 23%, this combination is actually quite attractive because it means that the company can constantly put money to work and generate those high returns.

Our opinion on TSMC’s ROCE

TSMC’s ROCE is impressive both in absolute terms and compared to its peers. This bodes well for future growth prospects. But capital allocation is only one aspect of a business to watch. Our final analysis for Taiwan Semiconductor Manufacturing covers other important information such as valuation, past performance, ownership and key risks to be aware of.

If you want to research other stocks that have generated high returns, check out this free article. list of stocks with strong balance sheets that also generate high returns on equity.

Simply Wall St analyst Richard Bowman and Simply Wall St have no positions in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to Editorial-team@simplywallst.com


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The ‘400 Mawozo’ gang suspected of kidnapping one of Haiti’s most dangerous https://angil.org/the-400-mawozo-gang-suspected-of-kidnapping-one-of-haitis-most-dangerous/ https://angil.org/the-400-mawozo-gang-suspected-of-kidnapping-one-of-haitis-most-dangerous/#respond Sun, 17 Oct 2021 15:01:28 +0000 https://angil.org/the-400-mawozo-gang-suspected-of-kidnapping-one-of-haitis-most-dangerous/ The gang which police say kidnapped 17 missionaries and their families in Haiti on Saturday is one of the most dangerous in the country and one of the first to engage in mass kidnappings. The gang, known as “400 Mawozo”, controls the area from which the missionaries were abducted in the suburbs of Port-au-Prince, the […]]]>

The gang which police say kidnapped 17 missionaries and their families in Haiti on Saturday is one of the most dangerous in the country and one of the first to engage in mass kidnappings.

The gang, known as “400 Mawozo”, controls the area from which the missionaries were abducted in the suburbs of Port-au-Prince, the capital. The group has been sowing terror for several months in the suburbs, engaging in armed combat with rival gangs and carry out the kidnapping of businessmen and police officers.

The gang also introduced a new type of kidnapping in Haiti – mass kidnapping. For the first time, Haiti began to see entire groups kidnapped as they passed by bus or together on the streets. The gang also allegedly killed Anderson Belony, a famous sculptor, on Tuesday, according to local media. Mr. Belony had worked to improve his impoverished community.

Croix-des-Bouquets, one of the suburbs now controlled by the gang, has become a virtual ghost town, with many residents fleeing the daily violence. The once bustling neighborhood now lacks the poor street vendors who once lined the sidewalks, some of whom had been kidnapped by the gang for what little they had in their pockets or told to sell what little goods they had. at home, including radios or refrigerators, to pay the ransom. By some estimates, gangs now control around half of the capital.

With each new generation of gangs that arise in Haiti, new lows move closer to normalization. Gangs have plagued Port-au-Prince for the past two decades, but have often been used for political purposes – such as voter suppression – by powerful politicians. But they have become a force that now seems out of control, thriving in the economic malaise and desperation that worsens each year, with independent gangs mushrooming in the capital.

While older and more established gangs engage in trafficking to kidnap or execute the will of their political bosses, newer gangs like “400 Mawozo” rape women and recruit children, forcing young people in their neighborhoods to beat up. those they captured, forming a new, more violent generation of members. Churches, once untouchable, are now a frequent target with priests kidnapped in the middle of a sermon.

Residents are fed up with violence, which prevents them from earning a living and prevents their children from going to school. The locals started a petition in recent days to protest the rise in gang violence in the region, pointing the finger at the 400 Mawozo gang and calling on the police to take action. The transport industry has announced a general strike from Monday in Port-au-Prince to protest against gangs and insecurity.

“The violence suffered by families has reached a new level of horror,” reads the text of the petition. “Heavily armed bandits are no longer content with current abuses, racketeering, threats and kidnappings for ransom. Currently, criminals break into village homes at night, attack families and rape women.

In April, the gang of “400 Mawozo” kidnapped 10 people in Croix-des-Bouquets, including seven members of the Catholic clergy, including five Haitians and two French. The whole group was finally released at the end of April. The kidnappers had demanded a million dollar ransom, but it is still unclear whether it was paid.

This kidnapping in Croix-des-Bouquets, a town northeast of the capital, happened as the group was on their way to the installation of a new parish priest.

Michel Briand, a French priest living in Haiti who was part of the group, said the gang forced their cars out of the way before kidnapping them. “If we hadn’t obeyed them – that’s what they told us afterwards – they would have shot us,” he said.

The group was then guarded by armed men for about 20 days, sleeping on the ground and sometimes in the open.

“For several months, this group has been operating on a daily basis,” Briand said, adding that the group demanded a ransom “to buy arms and ammunition”.

Mr Briand said the gang had violent control over the surroundings of Croix-des-Bouquets.

“The population complies with their demands because they are armed,” he declared. “They have the right to life or death no matter who they meet. They are sowing terror to ensure their authority, ”he declared.

Armed groups have grown increasingly powerful in Haiti, playing on political instability and growing poverty to take control of large areas of large cities like Port-au-Prince.

“For some time now, we have been witnessing the descent into hell of Haitian society,” said a declaration of the Archdiocese of Port-au-Prince, released after the April kidnapping.

A recent upsurge in clashes between rival gangs has left many civilians dead and extraordinary levels of displacement of people fleeing the violence.

A report The United Nations Office for the Coordination of Humanitarian Affairs estimated that more than 13,600 people fled their homes in Port-au-Prince, which has a population of nearly six million, during the first three weeks of June. This is four times more trips linked to violence in the capital than in the previous nine months, according to the report.


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Trade alert: Andrew John Ross, independent non-executive director of Polar Capital Holdings plc (LON: POLR), just spent £ 116,000 to buy 60% more shares https://angil.org/trade-alert-andrew-john-ross-independent-non-executive-director-of-polar-capital-holdings-plc-lon-polr-just-spent-116000-to-buy-60-more-shares/ https://angil.org/trade-alert-andrew-john-ross-independent-non-executive-director-of-polar-capital-holdings-plc-lon-polr-just-spent-116000-to-buy-60-more-shares/#respond Sat, 16 Oct 2021 07:42:43 +0000 https://angil.org/trade-alert-andrew-john-ross-independent-non-executive-director-of-polar-capital-holdings-plc-lon-polr-just-spent-116000-to-buy-60-more-shares/ Potential Polar Capital Holdings plc (LON: POLR) Shareholders may wish to note that the independent non-executive director, Andrew John Ross, recently purchased £ 116,000 of shares, paying £ 7.71 for each share. This certainly makes us anticipate the best, especially since they have thus increased their own stake by 60%, potentially signaling real optimism. Check […]]]>

Potential Polar Capital Holdings plc (LON: POLR) Shareholders may wish to note that the independent non-executive director, Andrew John Ross, recently purchased £ 116,000 of shares, paying £ 7.71 for each share. This certainly makes us anticipate the best, especially since they have thus increased their own stake by 60%, potentially signaling real optimism.

Check out our latest review for Polar Capital Holdings

The Last 12 Months of Insider Trading at Polar Capital Holdings

Over the past year, we can see that the biggest insider sale has come from insider Brian Jonathan Ashford-Russell for £ 1.2million of shares, at around £ 8.02 sterling per share. This means that an insider was selling shares for a lower price than the current price (UK £ 8.09). When an insider sells below the current price, it suggests that he or she considered that lower price to be fair. This makes us wonder what they think of the recent (higher) valuation. However, while insider selling can be daunting at times, this is only a weak signal. It should be noted that this sale only represented 4.4% of Brian Jonathan Ashford-Russell’s stake.

Fortunately, we note that in the past year, insiders paid £ 1.1million for 147.30,000 shares. But they sold 345.60,000 shares for £ 2.7million. Over the past year, we’ve seen more insider sales of Polar Capital Holdings shares than purchases. The chart below shows insider trading (by companies and individuals) over the past year. If you click on the chart, you can see all of the individual trades including the stock price, individual and date!

TARGET: POLR insider trading volume October 16, 2021

I’d like Polar Capital Holdings better if I see big insider buys. In the meantime, watch this free list of growing companies with significant and recent insider buying.

Insider ownership of Polar Capital Holdings

Another way to test the alignment between a company’s executives and other shareholders is to look at how many shares they own. Strong insider ownership often makes company management more concerned with the interests of shareholders. Insiders of Polar Capital Holdings own around £ 112million of shares (or 14% of the company). I like to see this level of insider ownership because it increases the chances that management is thinking in the best interests of shareholders.

What might insider trading at Polar Capital Holdings tell us?

The recent insider buying is encouraging. But the same cannot be said for the transactions of the last 12 months. The high levels of insider ownership and recent insider buying suggest they are well aligned and bullish. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. To help you, we have discovered 1 warning sign which you should browse to get a better picture of Polar Capital Holdings.

If you would rather consult with another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a HIGH return on equity and low leverage.

For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


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PennantPark Floating Rate Capital Ltd. (PFLT) Ex-dividend date scheduled for October 15, 2021 https://angil.org/pennantpark-floating-rate-capital-ltd-pflt-ex-dividend-date-scheduled-for-october-15-2021/ https://angil.org/pennantpark-floating-rate-capital-ltd-pflt-ex-dividend-date-scheduled-for-october-15-2021/#respond Fri, 15 Oct 2021 01:49:02 +0000 https://angil.org/pennantpark-floating-rate-capital-ltd-pflt-ex-dividend-date-scheduled-for-october-15-2021/ PPark Floating Rate Capital Ltd. (PFLT) will begin trading ex-dividend on October 15, 2021. A cash dividend of $ 0.095 per share is expected to be paid on November 1, 2021. Shareholders who purchased PFLT before the ex-dividend date are eligible for dividend payment in cash. This is the 36th quarter for which PFLT pays […]]]>

PPark Floating Rate Capital Ltd. (PFLT) will begin trading ex-dividend on October 15, 2021. A cash dividend of $ 0.095 per share is expected to be paid on November 1, 2021. Shareholders who purchased PFLT before the ex-dividend date are eligible for dividend payment in cash. This is the 36th quarter for which PFLT pays the same dividend. At the current price of $ 13.28, the dividend yield is 8.58%.

The last PFLT sell from the previous trading day was $ 13.28, which is a decrease of -1.63% from the 52 week high of $ 13.50 and an increase of 72.47% from compared to the 52-week low of $ 7.70.

PFLT is part of the finance industry, which includes companies such as Jefferies Financial Group Inc. (JEF) and Ares Capital Corporation (ARCC). The current earnings per share of PFLT, an indicator of a company’s profitability, is $ 1.78. Zacks Investment Research reports that PFLT’s forecast profit growth in 2021 is -5.36%, compared to an industry average of 14.2%.

For more information on declaration, registration and payment dates, visit the pflt Dividend History page. Our dividend calendar contains the full list of stocks that have an ex-dividend today.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Westfield City Council Postpones 2022 Budget Vote to Review $ 5 Million in Proposed Reductions • Current Publishing https://angil.org/westfield-city-council-postpones-2022-budget-vote-to-review-5-million-in-proposed-reductions-current-publishing/ https://angil.org/westfield-city-council-postpones-2022-budget-vote-to-review-5-million-in-proposed-reductions-current-publishing/#respond Wed, 13 Oct 2021 20:14:26 +0000 https://angil.org/westfield-city-council-postpones-2022-budget-vote-to-review-5-million-in-proposed-reductions-current-publishing/ On October 11, Westfield City Council voted on the 2022 budget after councilors said they needed more time to consider more than $ 5 million in cuts than they learned on October 9 to balance the proposed budget of $ 64 million. The reductions include eliminating the purchase of three pickup trucks and five police […]]]>

On October 11, Westfield City Council voted on the 2022 budget after councilors said they needed more time to consider more than $ 5 million in cuts than they learned on October 9 to balance the proposed budget of $ 64 million.

The reductions include eliminating the purchase of three pickup trucks and five police vehicles, reducing the crack street maintenance program, and postponing construction of a roundabout at 169th Street and Carey Road and a vertical curve correction at 151st Street and Oak Road.

The originally proposed budget included over $ 8 million in capital expenditures, such as police cars, which in recent years were funded by general bond bonds. However, the current city council wants to issue bonds less often to pay for capital expenses, so many of these expenses have been added to the city’s budget, resulting in an increase.

Mayor Andy Cook

Mayor Andy Cook has said he does not agree with most of the cuts proposed in the 2022 budget and with postponing a vote as city officials have been working for months on the draft. budget, which includes contributions and questions from the city council.

“I think this process right now, this delay, this delay, this delay is making fun of our budget process,” Cook said. “I think our citizens look at us as (we are the) federal government, bicker, bicker, bicker, get off until the last minute and get started, and I don’t think our citizens deserve that.”

Troy patton

City Councilor Troy Patton, who virtually attended the meeting, said Cook and his administration picked the proposed cuts and delaying the vote “has no consequence” as state law sets the deadline for adopt a budget. through November, 1st.

“The point is, you want to keep spending half a million dollars on lawsuits and stuff. It’s your prerogative, but we don’t have to like it, ”Patton said, referring to Cook’s ongoing lawsuits against Clerk-Treasurer Cindy Gossard. “To say that we have to vote on this tonight, I think that’s ridiculous. It’s like giving someone something at the last minute and saying, ‘Hey, trust us on this.’ “

The board voted unanimously to meet again the week of October 18 to discuss the budget further, although a meeting date was not immediately set.


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Will Roper Technologies Inc. (ROP) burn these hedge funds? https://angil.org/will-roper-technologies-inc-rop-burn-these-hedge-funds/ https://angil.org/will-roper-technologies-inc-rop-burn-these-hedge-funds/#respond Tue, 12 Oct 2021 15:12:30 +0000 https://angil.org/will-roper-technologies-inc-rop-burn-these-hedge-funds/ As the market is dragged down by short-term sentiment influenced by the accommodating US interest rate environment, virus news and stimulus spending, many smart investors are starting to be cautious about the current uptrend since March 2020 and to hedge or reduce many of their long positions. Some fund managers bet on the Dow Jones […]]]>

As the market is dragged down by short-term sentiment influenced by the accommodating US interest rate environment, virus news and stimulus spending, many smart investors are starting to be cautious about the current uptrend since March 2020 and to hedge or reduce many of their long positions. Some fund managers bet on the Dow Jones reaching 40,000 to generate solid returns. However, as we know, large investors usually buy stocks with strong fundamentals that can generate gains in both bullish and bearish markets, which is why we believe we can profit from emulating them. In this article, we’ll take a look at the sense of smart money that surrounds Roper Technologies Inc. (NYSE:POR).

East Roper Technologies Inc. (NYSE:POR) a safe investment right now? Investors who did know were less and less confident. The number of long bets on hedge funds has fallen by 1 in recent months. Roper Technologies Inc. (NYSE:POR) appeared in 41 hedge fund portfolios at the end of June. The all-time high for this statistic is 50. Our calculations have also shown that ROP is not among the 30 most popular stocks among hedge funds (click for Q2 ranking). There were 42 hedge funds in our database with ROP holdings at the end of March.

Today, shareholders have several indicators to rate listed companies. A pair of lesser-known indicators are hedge funds and insider trading. Our researchers have shown that, historically, those who follow the best choices of elite fund managers can outperform larger indices by a very impressive margin (see details here). Additionally, our monthly newsletter’s long stock picks portfolio has returned 185.4% since March 2017 (through August 2021) and has beaten the S&P 500 Index by over 79 percentage points. You can download a sample issue of this newsletter on our website.

Charles Akre Akre Capital Management

Charles Akre of Akre Capital Management

At Insider Monkey, we scour multiple sources to uncover the next big investing idea. For example, we like undervalued growth stocks that are positive for EBITDA, so we are looking at pitches like this emerging biotechnology stocks. We go through lists like the 10 best EV stocks to choose the next Tesla which will offer a 10x return. Even though we only recommend positions in a tiny fraction of the companies we analyze, we check as many stocks as possible. We read letters from hedge fund investors and listen to equity pitches at hedge fund conferences. You can subscribe to our free daily newsletter at our home page. Now we’ll check out the new hedge fund action on Roper Technologies Inc. (NYSE:POR).

Do hedge funds think ROP is a good stock to buy now?

At the end of the second quarter, 41 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -2% from the previous quarter. The graph below shows the number of hedge funds with a bullish position in ROP over the last 24 quarters. So let’s take a look at which hedge funds were among the top stock holders and which hedge funds were making big moves.

Specifically, Akre Capital Management was the largest shareholder in Roper Technologies Inc. (NYSE: ROP), with a stake worth $ 782.9 million reported in late June. After Akre Capital Management, Citadel Investment Group, which has amassed a stake valued at $ 229.4 million. Echo Street Capital Management, DE Shaw and Bristol Gate Capital Partners were also very fond of the stock, becoming one of the firm’s largest hedge fund holders. In terms of portfolio weights assigned to each position Lansing Management assigned the largest weight to Roper Technologies Inc. (NYSE: ROP), approximately 12.64% of its 13F portfolio. Akre Capital Management is also relatively very bullish on the stock, designating 4.82% of its 13F equity portfolio at ROP.

Given that Roper Technologies Inc. (NYSE: ROP) has been facing bearish sentiment from smart money, logic dictates that there is a specific group of hedge funds that are completely abandoning their positions in the end. of the second trimester. It should be mentioned that Jason McDougall 11 capital partners sold the biggest investment of all hedges monitored by Insider Monkey, comprising nearly $ 14.9 million in shares, and Michael Gelband’s ExodusPoint Capital was right behind that move, with the fund dropping around $ 3.4 million . These transactions are intriguing to say the least, as total hedge fund interest fell by 1 fund at the end of the second quarter.

Let’s also look at hedge fund activity in other stocks similar to Roper Technologies Inc. (NYSE: ROP). We’ll take a look at Palantir Technologies Inc. (NYSE:PLTR), Lululemon Athletica inc. (NASDAQ:LULU), Thomson Reuters Corporation (NYSE:SORTING), Johnson Controls International plc (NYSE:JCI), EOG Resources Inc (NYSE:EOG), TC Energy Corporation (NYSE:TRP) and Align Technology, Inc. (NASDAQ:ALGN). The market caps of this group of stocks resemble the market cap of ROP.

[table] Ticker, number of HF with positions, total value of HF positions (x1000), change of HF position PLTR, 26.1361219, -6 LULU, 46.952983.5 TRI, 27.354844, -1 JCI, 39.1270005, -2 EOG, 35,411137.5 TRP, 22,118166, -3 ALGN, 57.2689837.8 Medium, 36.1022599,0.9 [/table]

See the table here if you have formatting problems.

As you can see, these stocks had an average of 36 hedge funds with bullish positions and the average amount invested in these stocks was $ 1023 million. That figure was $ 1,570 million in the case of ROP. Align Technology, Inc. (NASDAQ:ALGN) is the most popular action in this table. On the other hand, TC Energy Corporation (NYSE:TRP) is the least popular with only 22 bullish hedge fund positions. Roper Technologies Inc. (NYSE: ROP) is not the most popular stock in this group, but hedge fund interest is still above average. Our overall hedge fund sentiment score for ROP is 55.7. Stocks with a higher number of hedge fund positions relative to other stocks as well as relative to their historical range receive a higher sentiment score. This is a slightly positive signal, but we prefer to spend our time researching the stocks on which hedge funds are accumulating. Our calculations have shown that top 5 most popular stocks among hedge funds, returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 21.8% in 2021 through October 11 and again beat the market by 4.4 percentage points. Unfortunately, ROP was not as popular as these 5 stocks and the hedge funds that bet on ROP were disappointed as the stock has returned -3.6% since the end of June (through 10/11) and has underperformed the market. If you want to invest in large cap stocks with huge upside potential, you should check out the top 5 most popular stocks among hedge funds, as many of these stocks have already outperformed the market since 2019.

Receive real-time email alerts: Follow Roper Technologies Inc (NYSE: ROP)

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Disclosure: none. This article originally appeared on Monkey initiate.


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Kanthal sells its semiconductor capital goods business https://angil.org/kanthal-sells-its-semiconductor-capital-goods-business/ https://angil.org/kanthal-sells-its-semiconductor-capital-goods-business/#respond Mon, 11 Oct 2021 09:22:35 +0000 https://angil.org/kanthal-sells-its-semiconductor-capital-goods-business/ © Kanthal Business | October 11, 2021 Heating technology company Kanthal announces that it has entered into an agreement to divest its semiconductor equipment equipment business to Yield Engineering Systems, Inc. (YES), headquartered in Fremont, California, United States. United. This sale is part of Kanthal’s commitment to continuously optimize its portfolio, the company said in […]]]>

© Kanthal

Business | October 11, 2021

Heating technology company Kanthal announces that it has entered into an agreement to divest its semiconductor equipment equipment business to Yield Engineering Systems, Inc. (YES), headquartered in Fremont, California, United States. United.

This sale is part of Kanthal’s commitment to continuously optimize its portfolio, the company said in a press release. The division was sold for an undisclosed amount. “We have a strong focus on growth within our core business, which is sustainable industrial heating solutions,” says Anders Björklund, President of Kanthal, in the press release. “YES is perfectly equipped to take ownership of our portfolio of semiconductor-related capital goods. , system related upgrades and service requirements. YES will take ownership of Kanthal’s semiconductor capital equipment portfolio, system upgrades and service requirements. The acquisition will add Kanthal’s high temperature (> 800 ° C) furnace technology as well as low pressure chemical vapor deposition (LPCVD) processes to YES ‘growing capabilities in heat treatment. “We aim to be the semiconductor industry’s supplier of choice for surface modification, materials improvement and high-quality deposition,” said Rezwan Lateef, President of YES in his own press release. . “With this acquisition of equipment and technical expertise from a leader in industrial heating, we look forward to supporting our global customer base with new high temperature annealing and bonding systems that leverage Kanthal heating equipment. , we believe that the Kanthal LPCVD technology has the potential to open up exciting deposition opportunities for YES beyond our current single-layer coating systems, particularly in the areas of optics, power and microLED. ”


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Investors should be encouraged by the returns on capital of Vaibhav Global (NSE: VAIBHAVGBL) https://angil.org/investors-should-be-encouraged-by-the-returns-on-capital-of-vaibhav-global-nse-vaibhavgbl/ https://angil.org/investors-should-be-encouraged-by-the-returns-on-capital-of-vaibhav-global-nse-vaibhavgbl/#respond Sun, 10 Oct 2021 02:49:42 +0000 https://angil.org/investors-should-be-encouraged-by-the-returns-on-capital-of-vaibhav-global-nse-vaibhavgbl/ Did you know that certain financial measures can provide clues about a potential multi-bagger? Among other things, we’ll want to see two things; first, a growth to recover on capital employed (ROCE) and on the other hand, an expansion of the amount capital employed. This shows us that it is a composing machine, capable of […]]]>

Did you know that certain financial measures can provide clues about a potential multi-bagger? Among other things, we’ll want to see two things; first, a growth to recover on capital employed (ROCE) and on the other hand, an expansion of the amount capital employed. This shows us that it is a composing machine, capable of continually reinvesting its profits in the business and generating higher returns. Speaking of which, we have noticed some big changes in Vaibhav Global (NSE: VAIBHAVGBL) returns on capital, so let’s take a look.

What is Return on Employee Capital (ROCE)?

Just to clarify if you’re not sure, ROCE is a measure of the pre-tax income (as a percentage) that a business earns on the capital invested in its business. The formula for this calculation on Vaibhav Global is:

Return on capital employed = Profit before interest and taxes (EBIT) ÷ (Total assets – Current liabilities)

0.37 = 3.6b ÷ (₹ 14b – ₹ 4.1b) (Based on the last twelve months up to June 2021).

Therefore, Vaibhav Global has a ROCE of 37%. This is a fantastic return and not only that, it exceeds the 12% average earned by companies in a similar industry.

Check out our latest review for Vaibhav Global

NSEI: VAIBHAVGBL Return on capital employed October 10, 2021

In the graph above, we measured Vaibhav Global’s past ROCE against its past performance, but the future is arguably more important. If you like, you can view analyst forecasts covering Vaibhav Global here for free.

What does Vaibhav Global’s ROCE trend tell us?

Investors would be delighted with what is happening at Vaibhav Global. Data shows that returns on capital have increased dramatically over the past five years to reach 37%. The company actually makes more money per dollar of capital employed, and it should be noted that the amount of capital has also increased, by 165%. Increasing returns on an increasing amount of capital are common among multi-baggers and that is why we are impressed.

In another part of our analysis, we noticed that the ratio of the company’s current liabilities to total assets decreased to 29%, which means overall that the company relies less on its suppliers or its short-term creditors to finance its operations. Shareholders would therefore be delighted if the growth in returns was primarily driven by underlying business performance.

In conclusion…

In summary, it’s great to see that Vaibhav Global can increase returns by systematically reinvesting capital at increasing rates of return, as these are some of the key ingredients in these highly sought-after multi-baggers. And a remarkable 1,176% total return over the past five years tells us that investors expect more good things to happen in the future. So, given that the stock has proven to have some promising trends, it is worth doing more research on the company to see if these trends are likely to continue.

On a separate note, we have found 2 warning signs for Vaibhav Global you will probably want to know more.

If you’d like to see other companies driving high returns, check out our free List of high yielding companies with strong balance sheets here.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


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Capital Credit Union of Wisconsin Appoints New CEO | Journal of Credit Unions https://angil.org/capital-credit-union-of-wisconsin-appoints-new-ceo-journal-of-credit-unions/ https://angil.org/capital-credit-union-of-wisconsin-appoints-new-ceo-journal-of-credit-unions/#respond Fri, 08 Oct 2021 20:36:00 +0000 https://angil.org/capital-credit-union-of-wisconsin-appoints-new-ceo-journal-of-credit-unions/ Capital Credit Union in Green Bay, Wisconsin, has named Laurie Butz as its new president and CEO. The $ 2.1 billion in assets credit union announced Thursday that Butz, senior vice president of Community First Credit Union in Appleton, Wisconsin, will take the helm in early November. Its current President and CEO, Tom Young, will […]]]>

Capital Credit Union in Green Bay, Wisconsin, has named Laurie Butz as its new president and CEO.

The $ 2.1 billion in assets credit union announced Thursday that Butz, senior vice president of Community First Credit Union in Appleton, Wisconsin, will take the helm in early November. Its current President and CEO, Tom Young, will remain as advisor to Butz during the transition period until his retirement at the end of this year.

Laurie Butz will take over as CEO of the Green Bay, Wisconsin Credit Union in November.

“We are delighted to welcome Laurie to the Capital Credit Union family,” Chairman of the Board of Directors Steve Frassetto said in a press release. “She will be a fantastic asset to the credit union, and her experience and knowledge will be invaluable to the future growth of our organization.”

As first vice-president of the $ 4.6 billion in assets Community First, Butz oversaw business development, investment and insurance services, as well as the credit union sponsorship of the Community First Fox Cities Marathon.

“I look forward to meeting the Capital Credit Union team, members and the community at large over the coming months as we move forward in fulfilling the organization’s mission,” said Butz in the press release. “Serving our members, being community stewards and being passionate about the credit union industry aligns with my concern for caring for employees and our friends, families and neighbors in Northeastern Wisconsin.”


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Trade Alert: Steven Hudson, CEO and Executive Director of ECN Capital Corp. (TSE: ECN), just spent US $ 1.7 million to buy 1.3% more shares https://angil.org/trade-alert-steven-hudson-ceo-and-executive-director-of-ecn-capital-corp-tse-ecn-just-spent-us-1-7-million-to-buy-1-3-more-shares/ https://angil.org/trade-alert-steven-hudson-ceo-and-executive-director-of-ecn-capital-corp-tse-ecn-just-spent-us-1-7-million-to-buy-1-3-more-shares/#respond Thu, 07 Oct 2021 10:20:20 +0000 https://angil.org/trade-alert-steven-hudson-ceo-and-executive-director-of-ecn-capital-corp-tse-ecn-just-spent-us-1-7-million-to-buy-1-3-more-shares/ Those who follow with ECN Capital Corp. (TSE: ECN) will no doubt be intrigued by the recent share purchase by Steven Hudson, CEO and Executive Director of the company, who spent CA $ 1.7 million on shares at an average price of $ 10.47 THAT. While this only increased their holding size by 1.3%, it […]]]>

Those who follow with ECN Capital Corp. (TSE: ECN) will no doubt be intrigued by the recent share purchase by Steven Hudson, CEO and Executive Director of the company, who spent CA $ 1.7 million on shares at an average price of $ 10.47 THAT. While this only increased their holding size by 1.3%, it is still a big change from our standards.

Check out our latest review for ECN Capital

ECN Capital insider trading in the past year

Notably, this recent purchase by CEO and Executive Director Steven Hudson wasn’t the only time they’ve traded shares of ECN Capital this year. They previously made a to sell of – C $ 7.4 million of shares at a price of C $ 8.38 per share. This means that even when the share price was below the current price of C $ 10.69, an insider wanted to cash in some shares. Generally, we find it disheartening when insiders sell below the current price, as it suggests they were happy with a lower valuation. However, while insider selling can be daunting at times, this is only a weak signal. It should be noted that this sale represented only 7.0% of Steven Hudson’s stake.

Fortunately, we note that in the past year, insiders paid C $ 3.1 million for 359.67,000 shares. But they sold 900,000 shares for C $ 7.4 million. The chart below shows insider trading (by companies and individuals) over the past year. If you click on the chart you can see all of the individual trades including the stock price, individual and date!

TSX: ECN Insider Trading Volume October 7, 2021

If you are like me then you not want to miss it free list of growing companies that insiders buy.

Insider ownership

Looking at the total insider stakes in a company can help you determine if they are aligned with common shareholders. Strong insider ownership often makes company management more concerned with the interests of shareholders. ECN Capital insiders own around C $ 188 million in shares (or 7.2% of the company). I like to see this level of insider ownership because it increases the chances that management is thinking in the best interests of shareholders.

What might insider trading at ECN Capital tell us?

It’s good to see the recent insider buy. On the other hand, the transaction history, over the past year, is not that positive. Overall, we would prefer to see a more sustained buy from directors, but with significant insider participation and more recent buys, ECN Capital insiders are reasonably well aligned and optimistic for the future. So these insider trading can help us build a stock thesis, but it’s also worth knowing the risks this business faces. When we did our research we found 3 warning signs for ECN Capital (2 cannot be ignored!) Which we believe deserve your full attention.

If you would rather consult with another company – one with potentially superior finances – then don’t miss this free list of interesting companies, which have a HIGH return on equity and low leverage.

For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.


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