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Thrivent Financial for Lutherans cut its position in shares of IPG Photonics Co. ( NASDAQ:IPGP – Free Report ) by 6.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,758 shares of the semiconductor company’s stock after selling 1,525 shares during the period. Thrivent Financial for Lutherans’ holdings in IPG Photonics were worth $1,543,000 as of its most recent SEC filing. Several other institutional investors have also added to or reduced their stakes in the company. Covestor Ltd boosted its position in shares of IPG Photonics by 7.7% during the 3rd quarter. Covestor Ltd now owns 1,869 shares of the semiconductor company’s stock valued at $139,000 after acquiring an additional 133 shares during the last quarter. Fiera Capital Corp raised its stake in IPG Photonics by 0.9% during the second quarter. Fiera Capital Corp now owns 22,541 shares of the semiconductor company’s stock valued at $1,902,000 after purchasing an additional 193 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in IPG Photonics by 4.2% during the second quarter. Commonwealth Equity Services LLC now owns 6,937 shares of the semiconductor company’s stock valued at $585,000 after purchasing an additional 278 shares during the last quarter. Assetmark Inc. grew its stake in shares of IPG Photonics by 28.3% in the 3rd quarter. Assetmark Inc. now owns 1,336 shares of the semiconductor company’s stock worth $99,000 after buying an additional 295 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of IPG Photonics by 50.6% in the 3rd quarter. KBC Group NV now owns 1,086 shares of the semiconductor company’s stock worth $81,000 after buying an additional 365 shares during the last quarter. Hedge funds and other institutional investors own 93.79% of the company’s stock. Analysts Set New Price Targets A number of research analysts recently commented on the stock. Benchmark reaffirmed a “hold” rating on shares of IPG Photonics in a report on Wednesday, October 30th. Needham & Company LLC restated a “hold” rating on shares of IPG Photonics in a research report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $93.50. IPG Photonics Trading Up 1.0 % IPGP stock opened at $78.04 on Friday. The stock has a market cap of $3.38 billion, a PE ratio of -22.49 and a beta of 0.98. IPG Photonics Co. has a 12 month low of $61.86 and a 12 month high of $111.11. The company has a 50-day moving average price of $76.40 and a 200 day moving average price of $78.12. IPG Photonics ( NASDAQ:IPGP – Get Free Report ) last announced its earnings results on Tuesday, October 29th. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.10. IPG Photonics had a positive return on equity of 4.32% and a negative net margin of 14.20%. The business had revenue of $233.14 million during the quarter, compared to analyst estimates of $227.89 million. During the same quarter in the previous year, the business earned $1.16 earnings per share. The company’s revenue for the quarter was down 22.6% compared to the same quarter last year. Sell-side analysts forecast that IPG Photonics Co. will post 1.51 EPS for the current year. IPG Photonics Profile ( Free Report ) IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. Featured Articles Five stocks we like better than IPG Photonics 3 Fintech Stocks With Good 2021 Prospects The Latest 13F Filings Are In: See Where Big Money Is Flowing Trading Halts Explained 3 Penny Stocks Ready to Break Out in 2025 High Flyers: 3 Natural Gas Stocks for March 2022 FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for IPG Photonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IPG Photonics and related companies with MarketBeat.com's FREE daily email newsletter .Grid Dynamics Holdings Set to Join S&P SmallCap 600
Chicago Bulls guard Lonzo Ball is a man of his word -- and then some. After offering to pay Angel Reese's fine as the result of a double-technical, Ball actually sent her 10 times the amount she actually needed. During a June game against the New York Liberty , Reese was called for her fifth foul and then received two technical fouls in quick succession after complaining to the official. That earned the Chicago Sky star an ejection and a fine, which Ball offered to pay on social media. Ball appeared on Reese's podcast, "Unapologetically Angel," and confirmed he sent her money for the fine. That's when Reese revealed to Ball that the $2,000 he gave her was $1,800 more than she needed to cover the fine. "You gave me $2,000," Reese said. "Do you know how much my fine actually was? It was only $200." There's no word on whether Reese returned the excess cash, but Ball was still in disbelief over the call five months later. "That was a terrible tech," Ball said. "I was actually at that game, my first WNBA game ever." Reese wound up getting the second technical foul rescinded, but she still had to pay the fine from the first one. Ultimately, things worked out well for Reese, who came out way ahead in the deal.
Over the years, Warren Buffett has suggested that investors that don't have time to do investment research should just invest in a fund that tracks the S&P 500 Index. It is a stock market index that is home to 500 of the largest publicly traded companies in the United States. It is considered to be one of the most important benchmarks for the overall health of the U.S. stock market and its economy. Unlike the extremely popular Nasdaq index, which is predominantly tech-focused, the S&P 500 Index gives investors exposure to a wide range of sectors including technology, healthcare, finance, and consumer goods. This arguably makes it the best place to invest for the ultra long term because while the ( ) is home to many of the highest quality companies in the world, the S&P 500 Index includes them and more. This means that if the technology sector goes through a poor period, which would cause the Nasdaq to underperform, there are other sides of the market included in the index to pick up the slack. It is for this reason that some days you will see the Nasdaq index drop but the S&P 500 Index rise. But has it been a good idea for Aussie investors to put their money into an ASX S&P 500 Index Fund over the past five years or should they have stuck to the ASX 200 index? Let's have a look at how one popular ASX ETF that tracks the index has performed. Was it a good idea to invest in the ASX S&P 500 Index Fund five years ago? Five years ago, I could have bought the ( ) for $30.70 per unit. This means that if I had $5,000 (and a further $4.10) to invest, I would have ended up owning 163 units. On Friday, this popular ASX ETF closed the session at $61.01. This means that my 163 units would now have a market value of $9,944.63, which is almost double what I started with. But wait, there's more! The iShares S&P 500 ETF pays every quarter. Over the past five years, the fund has paid out total dividends of $4.971 per unit. This would have pulled in total dividend income of approximately $810. If I add this to my capital gains, I have a total return of $5,750.53 from my original investment. This is a return in the region of 115%, which is well ahead of what the ASX 200 index has achieved over the same period.Seibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys
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Mom suing after AI companion suggested teen with autism kill his parentsAlex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. Read this article for free: Already have an account? To continue reading, please subscribe: * Alex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. Read unlimited articles for free today: Already have an account? Alex Ovechkin has a broken left fibula and is expected to be out four to six weeks, an injury that pauses the Washington Capitals superstar captain’s pursuit of Wayne Gretzky’s NHL career goals record. The Capitals updated Ovechkin’s status Thursday after he was evaluated by team doctors upon returning from a three-game trip. The 39-year-old broke the leg in a shin-on-shin collision Monday night with Utah’s Jack McBain, and some of his closest teammates knew it was not good news even before Ovechkin was listed as week to week and placed on injured reserve. “Everyone’s bummed out,” said winger Tom Wilson, who has played with Ovechkin since 2013. “We were sitting there saying: ‘This is weird. Like, it’s unbelievable that he’s actually hurt.’ It’s one of those things where like, he’s going to miss games? I’ve been around a long time, and it’s new to me.” Ovechkin in his first 19 seasons missed 59 games — and just 35 because of injury. Durability even while throwing his body around with his physical style is a big reason he is on track to pass Gretzky’s mark of 894 goals that once looked unapproachable. “He doesn’t go out there and just coast around,” Wilson said. “He’s played 20 years every shift running over guys and skating. He’s a power forward, the best goal-scorer ever maybe, and he’s a power forward that plays the game really hard.” Ovechkin surged to the top of the league with 15 goals in his first 18 games this season. He was on pace to break the record and score No. 895 sometime in February. “You know when goal-scorers start scoring, it’s dangerous,” said defenseman John Carlson, who has been teammates with Ovechkin since 2009-10. “There was a bit of that in the downs that everyone was feeling about it too, of course. We see him coming to the rink every day, we know what’s at stake. You never want anyone to get injured, but there’s a lot to it and certainly he was playing his best hockey in years.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. ___ AP NHL: https://apnews.com/hub/nhl Advertisement AdvertisementA fugitive gains fame in New Orleans eluding dart guns and nets