Economy

Goodyear Tire & Rubber Company (GT) to Issue Quarterly Dividend of $0.10 on March 1st

Goodyear Tire & Rubber Company (GT) to Issue Quarterly Dividend of $0.10 on March 1st”

American Century Companies Inc. boosted its position in shares of The Goodyear Tire & Rubber Company by 21.9% in the second quarter. During the same period past year, the company posted $1.27 earnings per share.

Morgan Stanley analyst Adam Jonas thinks there might be a name that investors don't properly appreciate, however: Goodyear Tire & Rubber. The stock increased 0.90% or $0.23 on September 8, reaching $25.72. It has underperformed by 1.50% the S&P500.

Transamerica Financial Advisors Inc decreased Goodyear Tire & Rubr Co (GT) stake by 99.88% reported in 2016Q4 SEC filing. Carlson Capital LP acquired 1.26M shares as Phh Corp (PHH)'s stock rose 10.02%. The stock increased 0.07% or $0.02 on September 8, reaching $30.31. About 1.99M shares traded or 2.05% up from the average. About shares traded. Goodyear Tire & Rubber Co (NASDAQ:GT) has risen 17.26% since September 11, 2016 and is uptrending.

Among 10 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Cooper Tire had 23 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, June 20 by Jefferies. Canaccord Genuity maintained the stock with "Hold" rating in Thursday, August 17 report. The company was downgraded on Friday, July 28 by Deutsche Bank. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Buy" rating given on Tuesday, November 29 by Jefferies. The rating was maintained by KeyBanc Capital Markets on Tuesday, August 4 with "Equal Weight". The stock has "Hold" rating by Standpoint Research on Wednesday, March 30. 230.74 million shares or 2.50% less from 236.64 million shares in 2016Q3 were reported. As per Wednesday, October 28, the company rating was downgraded by Standpoint Research.

Investors sentiment decreased to 1.03 in Q4 2016. Its up 0.03, from 1.11 in 2016Q3. It worsened, as 34 investors sold ELGX shares while 29 reduced holdings. 39 funds opened positions while 81 raised stakes. The Georgia-based Suntrust Banks has invested 0% in Goodyear Tire & Rubber Co (NASDAQ:GT). Bar Harbor Tru Service owns 1.86% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 115,546 shares. Zacks Investment Research downgraded The Goodyear Tire & Rubber Company from a "buy" rating to a "hold" rating in a research report on Tuesday, January 10th. Eii Capital Management Inc who had been investing in Store Cap Corp Com for a number of months, seems to be less bullish one the $4.89 billion market cap company. Moreover, Teacher Retirement Systems Of Texas has 0.19% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 866,496 shares. State Bank Of America Corporation De stated it has 0.02% in Goodyear Tire & Rubber Co (NASDAQ:GT). Piedmont Inv Ltd reported 0% in Cooper Tire & Rubber Co (NYSE:CTB). Hillsdale Invest holds 270 shares. Independent Order Of Foresters holds 0.06% in Store Capital Corp (NYSE:STOR) or 3,000 shares. Seizert Capital Ptnrs Ltd Liability reported 93,952 shares. Millennium Management Lc has 1.03M shares for 0.05% of their portfolio. Euclidean Tech Ltd Liability Corp has 1.86% invested in Cooper Tire & Rubber Co (NYSE:CTB) for 51,937 shares. Argus Research maintained Goodyear Tire & Rubber Co (NASDAQ:GT) rating on Tuesday, November 10. Therefore 21% are positive.

Investors should look at the ongoing downdraft for Goodyear stock as a buying opportunity, one that would pay off in years to come as the company could enjoy a "long-term boom", they said. Piper Jaffray maintained the shares of TEVA in report on Friday, July 14 with "Hold" rating. Oppenheimer maintained the stock with "Buy" rating in Wednesday, July 26 report. The stock has "Buy" rating by Jefferies on Monday, August 7. (NASDAQ:ELGX) earned "Hold" rating by BMO Capital Markets on Monday, June 19. The stock of PHH Corporation (NYSE:PHH) has "Neutral" rating given on Tuesday, June 20 by Wedbush. On Friday, August 18 the stock rating was maintained by Oppenheimer with "Buy".

Investors of record on Friday, September 1st will be issued a dividend of $0.105 per share. Its up 0.10, from 1 in 2016Q3. It improved, as 53 investors sold GT shares while 163 reduced holdings. Blackrock Fund Advisors stated it has 0% of its portfolio in Endologix, Inc. The Hong Kong-based Point72 Asia (Hong Kong) Limited has invested 0.01% in Endologix, Inc.

Deroy & Devereaux Private Investment Counsel Inc decreased Jpmorgan Chase & Co (NYSE:JPM) stake by 3,783 shares to 200,359 valued at $17.29M in 2016Q4. Allianz Asset Management Ag accumulated 171,699 shares. Clearbridge Invests Limited Liability Corp has invested 0.02% in Endologix, Inc. Commonwealth Bancorp Of Australia holds 52,741 shares or 0.02% of its portfolio. 508,642 were reported by Wells Fargo & Company Mn.

Since March 15, 2017, it had 0 buys, and 4 selling transactions for $835,785 activity.

Northwestern Mutual Wealth Management Company, which manages about $9.22B US Long portfolio, upped its stake in Ishares Tr (DVY) by 67,167 shares to 740,565 shares, valued at $65.59 million in 2016Q4, according to the filing. BlackRock Inc. now owns 848,901 shares of the company's stock worth $21,782,000 after buying an additional 226,106 shares during the last quarter.



Like this

Latest


11 September 2017
Ultra Clean Holdings, Inc
The chart of Ultra Clean Holdings Inc (UCTT) shows a double top with $25.11 target or 7.00 % above today's $23.47 share price. Another trade for 10,000 shares valued at $153,819 was sold by Speirs David . 1,842 are owned by Bnp Paribas Arbitrage Sa.

11 September 2017
Irma Weakens Into Tropical Storm As It Grinds Through Florida
More than 4 million homes in the state are without power, with parts of Miami (particularly Brickell) and Naples under water. One death in Florida , that of a man killed in an auto accident during the storm, was blamed on Irma .

11 September 2017
North Korea Vows 'Powerful Counter Measures' to Sanctions
Its four-day trip followed then-President Kim Dae-jung's visit to North Korea in June of that year for the inter-Korean summit. The proposed USA sanctions would also freeze all foreign financial assets of the government and its leader, Kim Jong Un .

11 September 2017
Grow Home, Grow Up Team Announces New FPS Atomega
Exoforms attempt to get their hands on mass, which can be done by fighting others or simply collecting it "peacefully". The bigger you are, the stronger your offensive capabilities, but you'll be a bigger target for people to focus down.

11 September 2017
Sun erupts with significant flare
Many scientists and aurora-hunting enthusiasts are carefully observing the storm's ongoing activities and effects. Due to this, some wonderful lighting effects were seen in northern latitudes, northern England and Scotland.

11 September 2017
Miss Texas Slams Trump Over His Response to Charlottesville
The Miss America competition, now in its 96th year, is not the same as the Miss USA pageant which was formerly owned by Mr Trump. Once we reject that, we take ourselves out of the negotiation table.

11 September 2017
Jordan Howard barely out touches Tarik Cohen in Bears' loss
He's a playmaker and we're lucky to have him. "But we didn't really know how they were going to use him, what to expect". And to get Howard in the end zone, Cohen took a snap out of a Wildcat formation and handed the ball off.

11 September 2017
U.S. installs 2.39 GW in largest Q2 for solar market
In Q2 2017, the USA market installed 2,387 MWdc of solar PV, an 8% increase year-over-year and the largest second quarter ever. The non-residential market grew a robust 31 percent year-over-year, with 437 MW installed.

11 September 2017
Timeline | What to expect when Irma comes to Georgia
Hurricane Irma has maximum sustained winds of 75 miles per hour and is moving toward the north-northwest near 18 miles per hour . Earlier this week, Deal ordered nearly 540,000 residents living near the Peach State's coast to evacuate ahead of the storm.

11 September 2017
Nintendo Direct Set For September 13, 2017
Today Nintendo announced another of its Nintendo Direct broadcasts that will be aired on September 13th. The video will be releasing this week at midnight CEST or 23:00 BST on September 14th this week.



Recommended