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Nisa Funding Advisors LLC trimmed its place in stocks of PPG Industries, Inc. (NYSE:PPG – Loose Record) by means of 5.4% right through the 3rd quarter, in line with its most up-to-date submitting with the Securities and Alternate Fee (SEC). The fund owned 45,903 stocks of the distinctiveness chemical compounds corporate’s inventory after promoting 2,600 stocks right through the quarter. Nisa Funding Advisors LLC’s holdings in PPG Industries had been price $5,958,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).
Numerous different hedge price range have additionally lately purchased and offered stocks of PPG. Harbour Investments Inc. boosted its holdings in PPG Industries by means of 84.9% right through the first quarter. Harbour Investments Inc. now owns 220 stocks of the distinctiveness chemical compounds corporate’s inventory price $29,000 after obtaining an extra 101 stocks right through the closing quarter. Quarry LP bought a brand new place in PPG Industries right through the 2d quarter price $29,000. WFA of San Diego LLC bought a brand new place in PPG Industries right through the 2d quarter price $30,000. Intrepid Capital Control Inc. bought a brand new place in PPG Industries right through the 2d quarter price $30,000. After all, Transparent Boulevard Markets LLC bought a brand new place in PPG Industries right through the 4th quarter price $30,000. 79.18% of the inventory is owned by means of hedge price range and different institutional traders.
Analysts Set New Worth Objectives
Numerous equities analysts lately weighed in on PPG stocks. Vertical Analysis raised stocks of PPG Industries from a “dangle” ranking to a “purchase” ranking in a document on Wednesday, January third. Barclays raised stocks of PPG Industries from an “equivalent weight” ranking to an “obese” ranking and set a $160.00 value goal at the inventory in a document on Wednesday, October eleventh. Robert W. Baird reissued an “outperform” ranking and issued a $150.00 value goal on stocks of PPG Industries in a document on Friday. Wells Fargo & Corporate boosted their value goal on stocks of PPG Industries from $140.00 to $150.00 and gave the inventory an “equivalent weight” ranking in a document on Tuesday, January ninth. After all, Citigroup lower their value goal on stocks of PPG Industries from $154.00 to $152.00 and set a “purchase” ranking at the inventory in a document on Friday, October twentieth. One analyst has rated the inventory with a promote ranking, 4 have assigned a dangle ranking and 11 have assigned a purchase ranking to the corporate. Consistent with information from MarketBeat.com, PPG Industries at this time has a mean ranking of “Average Purchase” and a mean goal value of $156.56.
View Our Newest Analysis Record on PPG Industries
PPG Industries Buying and selling Down 2.5 %
Stocks of PPG Industries inventory opened at $141.39 on Friday. The inventory’s 50-day easy shifting moderate is $143.57 and its 200 day easy shifting moderate is $138.68. PPG Industries, Inc. has a 52-week low of $120.32 and a 52-week top of $152.89. The inventory has a marketplace capitalization of $33.34 billion, a P/E ratio of 26.48, a P/E/G ratio of one.15 and a beta of one.27. The corporate has a debt-to-equity ratio of 0.71, a handy guide a rough ratio of one.05 and a present ratio of one.48.
PPG Industries (NYSE:PPG – Get Loose Record) closing introduced its quarterly profits effects on Friday, January nineteenth. The distinctiveness chemical compounds corporate reported $1.53 profits in step with percentage for the quarter, beating the consensus estimate of $1.49 by means of $0.04. PPG Industries had a go back on fairness of 23.79% and a internet margin of 6.96%. The company had income of $4.35 billion for the quarter, in comparison to analysts’ expectancies of $4.27 billion. All the way through the similar duration within the prior 12 months, the industry posted $1.22 profits in step with percentage. The corporate’s income was once up 3.9% on a year-over-year foundation. As a gaggle, analysis analysts wait for that PPG Industries, Inc. will put up 8.5 EPS for the present 12 months.
PPG Industries Dividend Announcement
The industry additionally lately declared a quarterly dividend, which will likely be paid on Tuesday, March twelfth. Stockholders of document on Friday, February sixteenth will likely be given a dividend of $0.65 in step with percentage. This represents a $2.60 annualized dividend and a dividend yield of one.84%. The ex-dividend date is Thursday, February fifteenth. PPG Industries’s dividend payout ratio is at this time 48.69%.
About PPG Industries
PPG Industries, Inc manufactures and distributes paints, coatings, and distinctiveness fabrics international. The corporate operates via Efficiency Coatings and Business Coatings. The Efficiency Coatings phase provides coatings, solvents, adhesives, sealants, sundries, and device for car and industrial delivery/fleet restore and refurbishing, mild business coatings, and distinctiveness coatings for indicators; and coatings, sealants, transparencies, clear armor, adhesives, engineered fabrics, and packaging and chemical control services and products for industrial, army, regional jet, and normal aviation plane.
Additional Studying
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