Customers browse produce for sale while shopping on the opening day of the 365 by Whole Foods Market store in the Silver Lake neighborhood of Los Angeles, California. (Photographer: Patrick T. Fallon/Bloomberg)
The hedge fund that prodded grocery giant Safeway off the market has a new grocer in its crosshairs: Whole Foods.
Shares of Whole Foods are surging more than 10% in late Monday trading following a new SEC filing that reveals Jana Partners -- an activist firm that helped nudge Safeway and PetSmart into private holdings in 2014 -- has taken a nearly 9% stake in the struggling natural foods seller. In the filing, Jana called Whole Foods shares "undervalued" and called for the company to seriously consider strategic alternatives.
"Whole Foods Market welcomes investment in the company and is open to the views and opinions of all of our shareholders," a spokesperson said in a statement Monday evening. "We value constructive dialogue toward our shared goals of creating shareholder value, successfully executing on our strategic priorities and taking actions that will position the company for continued success."
Hot Undervalued Stocks To Buy For 2019: Voyager Therapeutics, Inc.(VYGR)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Voyager Therapeutics (VYGR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Chris Lange]
Voyager Therapeutics Inc. (NASDAQ: VYGR) shares saw a handy gain on Tuesday after the company announced that it received some feedback from the U.S. Food and Drug Administration (FDA) from its Type C meeting.
- [By Max Byerly]
Voyager Therapeutics (NASDAQ:VYGR)’s share price was down 3.3% during trading on Tuesday . The company traded as low as $20.45 and last traded at $21.04. Approximately 9,445 shares traded hands during trading, a decline of 98% from the average daily volume of 399,751 shares. The stock had previously closed at $20.37.
Hot Undervalued Stocks To Buy For 2019: Meritage Corporation(MTH)
Advisors' Opinion:- [By Max Byerly]
An issue of Meritage Homes Corp (NYSE:MTH) bonds fell 0.8% against their face value during trading on Friday. The high-yield issue of debt has a 6% coupon and is set to mature on June 1, 2025. The bonds in the issue are now trading at $101.00 and were trading at $101.25 last week. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its share price.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Meritage Homes (MTH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Century Communities (NYSE: MTH) and Meritage Homes (NYSE:MTH) are both small-cap construction companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, profitability, dividends, earnings and analyst recommendations.
Hot Undervalued Stocks To Buy For 2019: Ameresco, Inc.(AMRC)
Advisors' Opinion:- [By Logan Wallace]
Ameresco Inc (NYSE:AMRC) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $13.17.
- [By Max Byerly]
Ameresco Inc (NYSE:AMRC) has been given a consensus recommendation of “Buy” by the six ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $13.17.
- [By Max Byerly]
Ameresco Inc (NYSE:AMRC) has earned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $13.17.
Hot Undervalued Stocks To Buy For 2019: Arch Coal, Inc. (ARCH)
Advisors' Opinion:- [By Max Byerly]
Arch Coal Inc (NYSE:ARCH) – Equities research analysts at Jefferies Financial Group increased their FY2020 earnings per share (EPS) estimates for shares of Arch Coal in a research note issued on Monday, July 9th. Jefferies Financial Group analyst C. Lafemina now anticipates that the energy company will post earnings per share of $8.83 for the year, up from their previous estimate of $8.82.
- [By Motley Fool Transcribers]
Arch Coal, Inc. (NYSE:ARCH)Q4 2018 Earnings Conference CallFeb. 14, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Dan Caplinger]
The stock market climbed sharply on Thursday, responding well to favorable earnings results from several corners of the market. Major benchmarks were up 1% to 2%, with particularly good performance from the Nasdaq Composite thanks to the tech sector's outperformance during the day. Yet some stocks suffered from bad news that cast doubt on companies' ability to benefit from generally favorable business conditions. MGM Resorts International (NYSE:MGM), Arch Coal (NYSE:ARCH), and LendingTree (NASDAQ:TREE) were among the worst performers on the day. Here's why they did so poorly.
- [By Logan Wallace]
Maple Rock Capital Partners Inc. boosted its stake in Arch Coal Inc (NYSE:ARCH) by 25.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 397,900 shares of the energy company’s stock after purchasing an additional 80,000 shares during the quarter. Arch Coal makes up 7.0% of Maple Rock Capital Partners Inc.’s investment portfolio, making the stock its 6th largest position. Maple Rock Capital Partners Inc.’s holdings in Arch Coal were worth $31,207,000 as of its most recent filing with the Securities & Exchange Commission.
Hot Undervalued Stocks To Buy For 2019: HP Inc.(HPQ)
Advisors' Opinion:- [By ]
Between 2011 and 2014, HP (NYSE: HPQ) downsized its labor pool by 85,000 people. Those layoffs reflected decreased demand for the company's PCs and printers. Indeed, annual sales fell markedly over that time frame -- and the stock tumbled.
- [By Leo Sun]
HP (NYSE:HPQ) is the biggest PC maker in the world. Its printing business, which recently acquired Samsung's printing unit, is also one of the world's top manufacturers of consumer, commercial, and 3D printers.
- [By Stephan Byrd]
Cambridge Trust Co. purchased a new stake in shares of HP Inc. (NYSE:HPQ) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,171 shares of the computer maker’s stock, valued at approximately $209,000.
- [By Garrett Baldwin]
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Stocks to Watch Today: BABA, HPQ, VMW, SPLK We kick off this morning with an earnings report from Alibaba Group Holding Ltd. (NYSE: BABA). The Chinese e-commerce giant reported adjusted earnings per share of $1.22, a figure that fell short of Wall Street expectations by $0.07. The company was also short of revenue expectations. That said, BABA stock still popped more than 4.2%. Shares of Hewlett-Packard Co. (NYSE: HPQ) are part of a busy day of earnings reports. The California-based firm will report its numbers after the bell Thursday. Wall Street analysts project that the firm will report EPS of $0.50 on top of $14.11 billion. Today, we're bringing you a healthcare stock to buy that could more than double your money in the next two years. Money Morning Defense and Tech Specialist Michael A. Robinson says this the stock what will help people reduce their healthcare costs and investors score huge profits. Here's how you can double your money… Look for additional earnings reports from VMware Inc. (NYSE: VMW), Splunk Inc. (Nasdaq: SPLK), Gap Inc. (NYSE: GPS), Intuit Inc. (Nasdaq: INTU), Ross Stores Inc. (Nasdaq: ROST), Autodesk Inc. (Nasdaq: ADSK), and Hormel Foods Corp. (NYSE: HRL).Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By ]
Prior to agreeing to a blockbuster deal with Fujifilm, Xerox Corp. (XRX) received an inquiry from HP Inc. (HPQ) , according to people familiar with the situation, though no formal bid was ever launched.
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