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

July 17, 2017 - By Richard Conner

 Waddell & Reed Financial, Inc. (WDR) EPS Estimated At $0.37
Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.18, from 1.26 in 2016Q3. It turned 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.
Barrow Hanley Mewhinney And Strauss Ltd Llc has invested 0% in Waddell & Reed Financial, Inc. (NYSE:WDR). Gsa Capital Llp reported 0.03% stake. 664,571 were accumulated by Blackrock Invest Mngmt Ltd Liability Corp. Pub Employees Retirement Association Of Colorado invested in 16,401 shares or 0% of the stock. Price T Rowe Assoc Md has invested 0.01% in Waddell & Reed Financial, Inc. (NYSE:WDR). Weaver C Barksdale And Associate holds 0.01% or 364 shares in its portfolio. 2.90 million are owned by Fmr Llc. Tower Research Cap Limited Liability Co (Trc) has invested 0.01% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR). Aqr Mngmt Ltd Llc accumulated 0.05% or 1.90 million shares. Bancshares Of America De has 467,567 shares. Delaware-based Riverhead Mngmt has invested 0% in Waddell & Reed Financial, Inc. (NYSE:WDR). Credit Suisse Ag stated it has 165,637 shares or 0% of all its holdings. Invesco Limited owns 3.42M shares. Dupont Management holds 0.06% of its portfolio in Waddell & Reed Financial, Inc. (NYSE:WDR) for 133,383 shares. 3.15M are held by Fuller Thaler Asset Management.

Analysts expect Waddell & Reed Financial, Inc. (NYSE:WDR) to report $0.37 EPS on July, 25.They anticipate $0.22 EPS change or 37.29 % from last quarter’s $0.59 EPS. WDR’s profit would be $31.07M giving it 13.92 P/E if the $0.37 EPS is correct. After having $0.39 EPS previously, Waddell & Reed Financial, Inc.’s analysts see -5.13 % 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 17, 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. The firm has “Underperform” rating given on Friday, June 30 by RBC Capital Markets. The stock of Waddell & Reed Financial, Inc. (NYSE:WDR) earned “Underperform” rating by Keefe Bruyette & Woods on Wednesday, November 16. The firm earned “Sell” rating on Monday, October 17 by Citigroup. As per Wednesday, June 14, the company rating was upgraded by Keefe Bruyette & Woods. The stock has “Sell” rating by Citigroup on Tuesday, December 15. Citigroup maintained Waddell & Reed Financial, Inc. (NYSE:WDR) rating on Friday, March 11. Citigroup has “Sell” rating and $17 target. The rating was maintained by Wood with “Market Perform” on Thursday, September 3. On Thursday, April 13 the stock rating was maintained by Jefferies with “Hold”. As per Monday, October 5, the company rating was maintained by Citigroup. On Monday, January 4 the stock rating was downgraded by Credit Suisse to “Underperform”.

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

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