EPS for Waddell & Reed Financial, Inc. (WDR) Expected At $0.37

July 17, 2017 - By Michael Collier

 EPS for Waddell & Reed Financial, Inc. (WDR) Expected At $0.37
Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.18, from 1.26 in 2016Q3. It is negative, as 32 investors sold Waddell & Reed Financial, Inc. shares while 70 reduced holdings. 44 funds opened positions while 66 raised stakes. 72.13 million shares or 5.97% more from 68.07 million shares in 2016Q3 were reported.
Regions Financial Corp holds 0.09% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR) for 394,387 shares. Numeric Investors Ltd Liability holds 43,600 shares or 0.01% of its portfolio. Engineers Gate Manager Ltd Partnership invested 0.05% in Waddell & Reed Financial, Inc. (NYSE:WDR). 4,563 were reported by Panagora Asset Mgmt. Schroder Invest Mngmt has 0.06% invested in Waddell & Reed Financial, Inc. (NYSE:WDR) for 1.74 million shares. Leavell Inv Mngmt holds 0.07% or 24,867 shares. Point72 Asia (Hong Kong) has invested 0.08% in Waddell & Reed Financial, Inc. (NYSE:WDR). Aqr Limited holds 0.05% in Waddell & Reed Financial, Inc. (NYSE:WDR) or 1.90 million shares. 64 are owned by Glenmede Trust Communications Na. Salem Counselors, a North Carolina-based fund reported 174 shares. Blackrock Institutional Na reported 2.59 million shares. Bnp Paribas Arbitrage has invested 0% in Waddell & Reed Financial, Inc. (NYSE:WDR). Moreover, Public Employees Retirement Association Of Colorado has 0% invested in Waddell & Reed Financial, Inc. (NYSE:WDR). 2,771 were reported by Pnc Financial Serv Gp Inc. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,235 shares.

Wall Street await Waddell & Reed Financial, Inc. (NYSE:WDR) to release earnings on July, 25. Analysts forecast earnings per share of $0.37, down exactly $0.22 or 37.29 % from 2014’s $0.59 EPS. The expected WDR’s profit could reach $31.07M giving the stock 13.92 P/E in the case that $0.37 earnings per share is reported. After posting $0.39 EPS for the previous quarter, Waddell & Reed Financial, Inc.’s analysts now forecast -5.13 % negative EPS growth. The stock increased 1.48% or $0.3 during the last trading session, reaching $20.6. About 983,519 shares traded. Waddell & Reed Financial, Inc. (NYSE:WDR) has declined 11.92% since July 18, 2016 and is downtrending. It has underperformed by 28.62% the S&P500.

Waddell & Reed Financial, Inc. (NYSE:WDR) Ratings Coverage

Among 9 analysts covering Waddell & Reed Financial Inc. (NYSE:WDR), 0 have Buy rating, 4 Sell and 5 Hold. Therefore 0 are positive. Waddell & Reed Financial Inc. had 34 analyst reports since August 27, 2015 according to SRatingsIntel. As per Wednesday, June 28, the company rating was maintained by Jefferies. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, October 28. Susquehanna maintained Waddell & Reed Financial, Inc. (NYSE:WDR) rating on Thursday, September 3. Susquehanna has “Neutral” rating and $38 target. On Monday, October 5 the stock rating was maintained by Citigroup with “Sell”. Citigroup maintained the shares of WDR in report on Wednesday, July 27 with “Neutral” rating. The rating was upgraded by Citigroup to “Neutral” on Wednesday, July 13. The stock has “Underperform” rating by Keefe Bruyette & Woods on Wednesday, November 16. The company was upgraded on Monday, October 26 by Citigroup. As per Friday, March 11, the company rating was maintained by Citigroup. The stock of Waddell & Reed Financial, Inc. (NYSE:WDR) earned “Market Perform” rating by Wood on Thursday, September 3.

Waddell & Reed Financial, Inc., incorporated on December 24, 1981, is a holding company. The company has market cap of $1.73 billion. The Firm is a mutual fund and asset management company. It has a 11.98 P/E ratio. The Firm provides investment management, investment advisory, investment product underwriting, and distribution and shareholder services administration to Waddell & Reed Advisors group of mutual funds , Ivy Funds, Ivy Funds Variable Insurance Portfolios (Ivy Funds VIP), InvestEd Portfolios and 529 college savings plan (collectively, the Funds), and the Ivy Global Investors Fund SICAV (the SICAV) and its Ivy Global Investors sub-funds (the IGI Funds), and institutional and separately managed accounts.

More notable recent Waddell & Reed Financial, Inc. (NYSE:WDR) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: WGL Holdings, Quest Diagnostics and Waddell & Reed Financial” on July 05, 2017, also Zacks.com with their article: “Why Waddell & Reed Financial (WDR) Stock Might be a Great Pick July 13, 2017” published on July 12, 2017, Nasdaq.com published: “Waddell & Reed Financial, Inc. (WDR) Ex-Dividend Date Scheduled for July 07, 2017” on July 06, 2017. More interesting news about Waddell & Reed Financial, Inc. (NYSE:WDR) were released by: Pionline.com and their article: “Waddell & Reed sued over favoring its own investment options in 401(k) plan” published on June 29, 2017 as well as Nasdaq.com‘s news article titled: “Why Waddell & Reed Financial (WDR) Stock Might be a Great Pick” with publication date: July 11, 2017.

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