Economy

Wesbanco Bank Inc. Continues to Hold Stake in Quest Diagnostics Inc (DGX)

Over the past twelve months, Quest Diagnostics Incorporated (NYSE:DGX)'s stock was 1.82%. Voya Investment Management LLC owned about 0.13% of Quest Diagnostics worth $19,879,000 at the end of the most recent quarter. The Company's divisions include Personal & Business Banking (PBB), Commercial & Private Banking (CPB), NatWest Markets (NWM), Capital Resolution, Williams & Glyn (W&G), and Central items & other. The stock of Quest Diagnostics Inc (NYSE:DGX) earned "Buy" rating by UBS on Monday, November 14. The Northcoast Asset Management Llc holds 175,096 shares with $19.46 million value, down from 182,262 last quarter. Clearbridge Ltd stated it has 0% in Quest Diagnostics Inc (NYSE:DGX). Roberts Glore & Company Inc sold 2,720 shares as Quest Diagnostics Inc (DGX)'s stock rose 10.72%. Insiders sold 161,996 shares of company stock valued at $17,517,207 in the last three months. Hills Bank & Trust Co. increased its holdings in shares of Quest Diagnostics by 1.4% in the 2nd quarter. Raymond James Financial, Inc. reissued a market perform rating on shares of Quest Diagnostics in a research report on Monday, September 25th. Ferguson Wellman Capital Management Inc. now owns 4,300 shares of the medical research company's stock valued at $478,000 after acquiring an additional 40 shares during the last quarter. BidaskClub upgraded shares of Quest Diagnostics from a buy rating to a strong-buy rating in a research report on Thursday, June 29th.

With its low price-to-sales ratio of 1.69, the company is evidently a better investment since the investors are paying a lower amount for each unit of sales. Quest Diagnostics has a 52-week low of $79.12 and a 52-week high of $112.97. The firm has a 50 day moving average of $99.64 and a 200-day moving average of $92.34.

Quest Diagnostics Incorporated (DGX) have shown a high EPS growth of 9.70% in the last 5 years and has earnings decline of -7.10% yoy.

The consensus recommendation - averaging the work of 19 analysts - of 2.8 for Quest Diagnostics Incorporated (DGX) points to moderate case.

Roberts Glore & Company Inc decreased Quest Diagnostics Inc (DGX) stake by 15.91% reported in 2017Q2 SEC filing. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.94 billion. The 1 year EPS growth rate is 576.00%. The company's revenue was up 1.9% on a year-over-year basis. Equities research analysts predict that Quest Diagnostics will post $5.67 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 18th. The ex-dividend date was Monday, April 3rd. This represents a $1.80 annualized dividend and a yield of 1.92%. Quest Diagnostics's payout ratio is 36.29%. Also, Chairman Stephen H. Rusckowski sold 59,235 shares of the business's stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $108.16, for a total value of $5,833,393.28. Following the completion of the sale, the chairman now owns 220,049 shares in the company, valued at approximately $23,800,499.84. The big banks are holding 91.70% of the shares while company insiders are clinging to 0.30%. Keybank National Association OH increased its stake in Quest Diagnostics by 2.8% during the first quarter. If you are accessing this news story on another website, it was copied illegally and republished in violation of US & worldwide copyright and trademark laws. The legal version of this piece can be viewed at https://stocknewstimes.com/2017/10/03/quest-diagnostics-incorporated-dgx-lowered-to-hold-at-valuengine.html. Mizuho maintained the shares of DGX in report on Thursday, October 22 with "Neutral" rating. Barclays PLC restated a "hold" rating and set a $110.00 price objective on shares of Quest Diagnostics in a research note on Wednesday, July 19th. Canaccord Genuity maintained Quest Diagnostics Inc (NYSE:DGX) rating on Monday, September 11. Canaccord Genuity reaffirmed a buy rating and issued a $118.00 price target on shares of Quest Diagnostics in a research report on Wednesday, September 13th.

Among 12 analysts covering CalAtlantic Group (NYSE:CAA), 7 have Buy rating, 1 Sell and 4 Hold. Janney Montgomery Scott Ltd Liability reported 0.01% of its portfolio in Quest Diagnostics Inc (NYSE:DGX). The Company operates through two businesses: Diagnostic Information Services and Diagnostic Solutions.



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