Below are the dividend stocks that were subject to analyst moves before the bell. Analysts weigh in with insight and commentary as to what you can expect going forward.
1. Eaton Vance Upgraded by Susquehanna
Asset manager Eaton Vance Liquid error: internal saw its stock upgraded pre-market on Wednesday with Susquehanna adding it to its Neutral list. Previously, the stock held a negative rating. The price target for the stock has been raised by $1 to $36. Finishing Tuesday’s session at $39.21 (down 2.27%), Eaton Vance’s adjusted dividend yield is 2.55% with an annual payout of $1 (paid quarterly). The stock is 16.13% from its 52-week high
2. J.B. Hunt Upgraded by RBC Capital
Trucking services company J.B. Hunt (JBHT ) saw its stock upgraded pre-market on Wednesday with RBC Capital adding an Outperform rating with a new target price of $105. Finishing Tuesday’s session at $84.85 (up 0.06%), J.B. Hunt’s adjusted dividend yield is 0.99% with an annual payout of $0.84 (paid quarterly). The stock is 9.25% from its 52-week high.
3. Colgate-Palmolive Upgraded by Societe Generale
Personal products company Colgate-Palmolive Company (CL ) saw its stock upgraded pre-market on Wednesday with Societe Generale highlighting a shift in their valuation and putting the stock on their Hold list. Previously, the stock held a Sell rating. The new target price is $68. Finishing Tuesday’s session at $66.03 (up 1.06%), Colgate-Palmolive’s adjusted dividend yield is 2.30% with an annual payout of $1.52 (paid quarterly). The stock is 7.73% from its 52-week high.
4. NVIDIA Downgraded by Nomura Securities
Semiconductor specialist NVIDIA Corporation (NVDA ) saw its stock downgraded pre-market on Wednesday with Nomura Securities lowering their rating from a Buy to Hold. Setting a new target price of $18, the bank was cautious on NVIDIA’s currency exposure and its gaming sector revenues. Finishing Tuesday’s session at $21.86 (up 0.51%), NVIDIA’s adjusted dividend yield is 1.78% with an annual payout of 39 cents (paid quarterly). The stock is 7.37% from its 52-week high.
5. Symetra Financial Downgraded by UBS
Life insurance provider Symetra Financial (SYA) saw its stock downgraded pre-market on Wednesday with UBS changing its rating to Sell from Neutral. Finishing Tuesday’s session at $24.81 (up 0.77%), Symetra’s adjusted dividend yield is 1.77% with an annual payout of $0.44 (paid quarterly). The stock is 4.28% from its 52-week high.
6. H&R Block Downgraded by Credit Suisse
Taxation services specialist H&R Block (HRB ) saw its stock downgraded pre-market on Wednesday with Credit Suisse highlighting a shift in their rating and putting the stock on their Neutral list. The new target price set by the bank is $35. Adjusting their forecasts, Credit Suisse confirmed that the stock had reached its fair value. Finishing Tuesday’s session at $31.96 (up 2.27%), H&R Block’s adjusted dividend yield is 2.50% with an annual payout of $0.80 (paid quarterly). The stock is 10.73% from its 52-week high.
