Magna International Inc. (TSE:MG) Set to Announce Earnings on Friday

The Commonwealth Bank Of Australia holds 111,750 shares with $4.85M value, down from 129,056 last quarter.

Analysts await Magna International Inc. The company exposed volatility of 1.78% over the past week and moving out to look at the previous month volatility move, the stock is at 1.61%.

Heading into the earnings release, covering analysts have a consensus target price of $54.03 on Magna International Inc. shares. (MGA) traded down 2.28% during mid-day trading on Thursday, hitting $47.18. It has underperformed by 0.73% the S&P500.

Quest Investment Management Inc increased Verizon Communications Com (VZ) stake by 234.66% reported in 2016Q4 SEC filing. Sell-side analysts have also provided a consensus recommendation of 2.40 on company shares. Institutional investors maintain the ownership of 72.20% shares and 1.60% shares have in possession of insiders investors. The company was downgraded on Tuesday, June 28 by BMO Capital Markets. It has outperformed by 13.32% the S&P500.

Since May 5, 2017, it had 0 buys, and 1 sale for $90,136 activity. The stock declined 1.26% or $0.61 reaching $47.67 per share. DUGAS RICHARD J JR sold $3.81 million worth of stock. (NYSE:VZ) for 256,300 shares. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 32% are positive. Cambridge Cognition Holdings had 29 analyst reports since July 23, 2015 according to SRatingsIntel. (USA) (NYSE:MGA) to report earnings on August, 11 before the open. JP Morgan upgraded PulteGroup, Inc. The firm has "Neutral" rating given on Monday, March 14 by Citigroup. The company has a consensus rating of "Buy" and a consensus target price of $51.25. On Thursday, April 7 the stock rating was downgraded by Bernstein to "Market Perform". Edward Jones cut Magna International from a "buy" rating to a "hold" rating in a report on Wednesday, July 26th. Zelman downgraded PulteGroup, Inc. The firm earned "Outperform" rating on Friday, November 6 by RBC Capital Markets. Zacks Investment Research cut Magna International from a "hold" rating to a "sell" rating in a research note on Friday, April 28th. On Tuesday, September 20 the stock rating was initiated by Wedbush with "Underperform". Its down 0.09, from 0.88 in 2016Q3. 115 funds opened positions while 683 raised stakes. Loomis Sayles And L P reported 24,954 shares stake. Hbk LP holds 0.25% or 1.27 million shares in its portfolio. Highbridge Capital Mngmt Ltd Liability invested 0.03% in PulteGroup, Inc. State Treasurer State Of Michigan has 97,309 shares. (NYSE:VZ). Merriman Wealth Mgmt Limited Liability reported 0.18% in Verizon Communications Inc. (NYSE:VZ) for 303,410 shares. Columbia Asset Management has 1.07% invested in Verizon Communications Inc. (NYSE:PHM) for 731 shares. (NYSE:PHM). Barclays Plc invested in 0.01% or 521,287 shares. Pioneer Investment accumulated 0.76% or 9.24 million shares. Engineers Gate Manager Limited Partnership reported 0.09% in PulteGroup, Inc. Magna International, Inc. has a 52 week low of $36.77 and a 52 week high of $48.90.

Magna International has increased its dividend payment by an average of 16.0% per year over the last three years and has increased its dividend annually for the last 5 consecutive years. On average, equities research analysts anticipate that Magna International will post $5.76 earnings per share for the current fiscal year. Has Huge Potential" with publication date: "July 25, 2017.

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