Waddell & Reed Financial, Inc. (WDR) Upgraded at BidaskClub

Waddell & Reed Financial Inc. logo

Waddell & Reed Financial Inc. logo

Gabelli Funds LLC now owns 1,389,303 shares of the asset manager's stock valued at $27,105,000 after buying an additional 393,803 shares during the last quarter. About shares traded. Waddell & Reed Financial, Inc. (NYSE:WDR) shares were trading higher by 2.31 percent ($0.43) at $19.03 a piece in Wednesday's session.

Waddell & Reed Financial (NYSE:WDR) 52-week high price stands at $22.45 and low price stands at $15.02, its price distance from 52-week high is -15.23% while its distance from 52-week low price is 26.7%. (NYSE:WDR) has declined 11.92% since June 15, 2016 and is downtrending.

Chemung Canal Trust Company increased Emerson (EMR) stake by 32.42% reported in 2016Q4 SEC filing. 1,776,733 shares of the company were exchanged. The Chemung Canal Trust Company holds 114,404 shares with $6.38M value, up from 86,396 last quarter. The stock decreased 1.40% or $0.85 during the last trading session, reaching $59.99. Commonwealth Equity Inc, a Massachusetts-based fund reported 17,557 shares.

(SOL) Shares now up at $2.52 ReneSola Announces First Quarter 2017…
These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Acadian Asset Mngmt Ltd Liability Corporation reported 0% of its portfolio in ReneSola Ltd. (ADR) (NYSE:SOL).

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.18, from 1.26 in 2016Q3. It dived, as 32 investors sold Waddell & Reed Financial, Inc. shares while 70 reduced holdings. 44 funds opened positions while 66 raised stakes. (NYSE:WDR) for 111,229 shares.

On the other hand the company has Relative Strength Index (RSI 14) of 71.78 along with Average True Range (ATR 14) of 0.56, Consequently Waddell & Reed Financial (NYSE:WDR)'s weekly and monthly volatility is 4.59%, 2.97% respectively. (NYSE:WDR). Systematic L P invested 0.04% of its portfolio in Waddell & Reed Financial, Inc. 152,954 are owned by State Teachers Retirement Sys.

Van Berkom Assoc stated it has 1.25% in Waddell & Reed Financial, Inc. (NYSE:WDR). Duncker Streett Inc, Missouri-based fund reported 3,000 shares. (NYSE:WDR). Barrow Hanley Mewhinney And Strauss Ltd Liability accumulated 89,724 shares. Hightower Limited Liability reported 0.02% in Waddell & Reed Financial, Inc. (NYSE:WDR). Intl Gp has invested 0.02% in Waddell & Reed Financial, Inc. (NYSE:WDR). Dreman Value Mgmt L L C holds 15,720 shares or 0.17% of its portfolio. Bankshares Of America De holds 0% or 467,567 shares.

Notable Price Swings: Fairmount Santrol Holdings Inc. (FMSA) ,ServiceNow, Inc. (NOW)
October 11 investment analysts at Citigroup left the stock rating at "Buy" but moved up the price target from $9.50 to $12.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .

Analysts expect Waddell & Reed Financial, Inc. (NYSE:WDR) for 36,986 shares.

Waddell & Reed Financial (NYSE:WDR)'s trailing twelve month revenues are $1.2 Billion, whereas its price to sales ratio for the same period is 1.28. (NYSE:WDR). Kcg Hldg, a New Jersey-based fund reported 34,732 shares. FMR LLC boosted its stake in shares of Waddell & Reed Financial by 144.6% in the fourth quarter. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company's stock. (NYSE:WDR). Eaton Vance Mgmt reported 0% of its portfolio in Waddell & Reed Financial, Inc. Of the 9 analysts surveyed by Reuters that track WDR 3 of them rate its stock a hold. The firm has "Neutral" rating given on Wednesday, July 27 by Citigroup. About shares traded. Waddell & Reed Financial, Inc. (NYSE:WDR) earned "Mkt Perform" rating by Keefe Bruyette & Woods on Wednesday, June 14. Susquehanna maintained Waddell & Reed Financial, Inc. (NYSE:WDR) on Thursday, September 3 with "Neutral" rating. Analysts have placed a $69.3 price target on Merck & Co., Inc., suggesting a 9.36% gain from recent close. (NYSE:WDR) to release earnings on July, 25. (NYSE:WDR) earned "Sell" rating by Citigroup on Friday, March 11. Keefe, Bruyette & Woods now has $17.75 price objective on the asset manager's stock, up from their previous price objective of $16.50. Earnings surprises can have a huge impact on a company's stock price. It also reduced Honeywell (NYSE:HON) stake by 7,666 shares and now owns 12,754 shares.

Among 21 analysts covering Emerson Electric Co. Citigroup downgraded the shares of WDR in report on Tuesday, December 15 to "Sell" rating. Therefore 19% are positive. Wolverine Asset Mngmt Ltd stated it has 0.02% of its portfolio in Waddell & Reed Financial, Inc. The rating was maintained by Jefferies on Thursday, April 13 with "Hold". RBC Capital Markets maintained the shares of WDR in report on Wednesday, October 28 with "Outperform" rating.

LeBron James says he never played for a "super team". Really?
NBA fans on Twitter didn't forget and have been rubbing it in after "the king's" fifth NBA Finals loss. But he made one comment during his press conference that left many people scratching their heads.

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