Waddell & Reed Financial (WDR) Receives Daily News Impact Score of 0.15

Press coverage about Waddell & Reed Financial (NYSE:WDR) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Waddell & Reed Financial earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned press coverage about the asset manager an impact score of 47.2678920997519 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Waddell & Reed Financial (WDR) traded down $0.41 during midday trading on Thursday, reaching $21.03. 320,123 shares of the company were exchanged, compared to its average volume of 1,125,340. The firm has a market capitalization of $1,770.61, a P/E ratio of 14.21 and a beta of 2.00. Waddell & Reed Financial has a 52 week low of $16.11 and a 52 week high of $23.82. The company has a quick ratio of 1.14, a current ratio of 3.02 and a debt-to-equity ratio of 0.11.

Waddell & Reed Financial (NYSE:WDR) last posted its earnings results on Tuesday, January 30th. The asset manager reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $294.48 million during the quarter, compared to the consensus estimate of $286.55 million. Waddell & Reed Financial had a net margin of 10.72% and a return on equity of 16.72%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. equities analysts predict that Waddell & Reed Financial will post 2.07 earnings per share for the current year.

A number of brokerages have recently weighed in on WDR. Royal Bank of Canada reissued a “sell” rating and set a $20.00 price objective on shares of Waddell & Reed Financial in a report on Wednesday, January 31st. Bank of America set a $20.00 price objective on shares of Waddell & Reed Financial and gave the company a “sell” rating in a report on Tuesday, January 30th. Citigroup raised shares of Waddell & Reed Financial from a “sell” rating to a “neutral” rating and set a $24.00 price objective on the stock in a report on Wednesday, January 31st. Keefe, Bruyette & Woods reissued a “hold” rating and set a $23.00 price objective on shares of Waddell & Reed Financial in a report on Friday, December 22nd. Finally, Jefferies Group reissued a “hold” rating and set a $23.00 price objective on shares of Waddell & Reed Financial in a report on Thursday, January 11th. Six research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $20.67.

In related news, Director Jerry W. Walton sold 5,792 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $22.95, for a total transaction of $132,926.40. Following the completion of the transaction, the director now directly owns 81,332 shares in the company, valued at $1,866,569.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Wendy J. Hills sold 31,273 shares of the company’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $22.41, for a total transaction of $700,827.93. Following the completion of the transaction, the senior vice president now owns 151,602 shares of the company’s stock, valued at approximately $3,397,400.82. The disclosure for this sale can be found here. Insiders have sold 101,411 shares of company stock valued at $2,229,239 over the last 90 days. 3.80% of the stock is currently owned by insiders.

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About Waddell & Reed Financial

Waddell & Reed Financial, Inc, incorporated on December 24, 1981, is a holding company. The Company is a mutual fund and asset management company. The Company provides investment management, investment advisory, investment product underwriting, and distribution and shareholder services administration to Waddell & Reed Advisors group of mutual funds (the Advisors 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.

Insider Buying and Selling by Quarter for Waddell & Reed Financial (NYSE:WDR)

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