Waddell & Reed Financial (WDR) Where Moving Ahead?

Cornelia Mascio
Marzo 15, 2018

Earnings surprises can have a huge impact on a company's stock price.

Currently Waddell & Reed Financial (NYSE:WDR)'s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 0%. Contravisory Investment Management Inc. purchased a new position in Waddell & Reed Financial in the fourth quarter worth $161,000. EPS growth percentage represents the annualized rate of net-income-per-share growth over the trailing one-year period for the stocks held by a stock.

Meanwhile, the shares were being bought and sold by the companies prior to the 20-Days simple moving average of 1.33%. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Finally, Jefferies Group reissued a "hold" rating and set a $23.00 price objective on shares of Waddell & Reed Financial in a report on Thursday, January 11th. The stock was sold at an average price of $22.95, for a total transaction of $132,926.40.

Waddell & Reed Financial (NYSE:WDR) has grabbed attention from the analysts, when it saw a value decrease of -1.25% or -0.25 points in the last trading session to close at $19.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 82,233 shares of company stock valued at $1,849,131. This means that analysts are more bullish on the outlook for WDR stocks.

Several brokerages have recently commented on WDR. The 14-day ADX for Waddell & Reed Financial (WDR) is standing at 30.35. Jefferies Group reissued a "hold" rating and issued a $23.00 price target on shares of Waddell & Reed Financial in a research note on Thursday, January 11th. The 20-day SMA may be of analytical benefit to a shorter-term trader since it follows the price more closely, and therefore produces less lag than the longer-term moving average. This is the signal from the 20-day MA which is used to monitor changes in share price. As a general matter investors should not rely exclusively on an analyst's recommendation when deciding whether to buy, sell or hold a stock. The company now has a consensus rating of "Hold" and a consensus price target of $21.75. Biogen Inc. now has its 52-Week High range of $370.57, while its 52-week low range is $244.28. Nationwide Fund Advisors now owns 79,937 shares of the asset manager's stock valued at $1,604,000 after purchasing an additional 31,605 shares in the last quarter. The company's beta value stood at 2. Waddell & Reed Financial, Inc. Based on a recent bid, its distance from 20 days simple moving average is -1.90%, and its distance from 50 days simple moving average is -7.00% while it has a distance of 0.48% from the 200 days simple moving average. Waddell & Reed Financial (NYSE:WDR) has a market cap of $1.61 Billion and the number of outstanding shares have been calculated 81.27 Million. They are also projecting the Low EPS estimate of $0.48 and the High EPS estimate of $0.64. The firm had revenue of $294.48 million for the quarter, compared to the consensus estimate of $286.55 million. In order for us to accurately measure profitability and return, we will be using the EBITDA margin and Return on Investment (ROI), which balances the difference in capital structure. The company's revenue was up.5% on a year-over-year basis.

Waddell & Reed Financial (NYSE:WDR) as of current trade, has shown weekly performance of 0.05% which was maintained at -1.62% in one month period.

ILLEGAL ACTIVITY NOTICE: "BlackRock Inc". Has $368.29 Million Stake in Waddell & Reed Financial, Inc. "(NYSE:WDR)" was first published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and worldwide copyright & trademark laws.

Over the last 5.0 days, United Continental Holdings, Inc. The Company provides investment management, investment advisory, investment product underwriting, and distribution and shareholder services administration to Waddell & Reed Advisors group of mutual funds (the Advisors Funds), Ivy Funds, Ivy Funds Variable Insurance Portfolios (Ivy Funds VIP), InvestEd Portfolios and 529 college savings plan (collectively, the Funds), and the Ivy Global Investors Fund SICAV (the SICAV) and its Ivy Global Investors sub-funds (the IGI Funds), and institutional and separately managed accounts.

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