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SBH

Morgan Stanley analyst Simeon Gutman has maintained an Underweight rating on Sally Beauty Holdings (NYSE:SBH) and reduced the price target from $10 to $8.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 2:50 pm

PCT

Bleecker Street Research has issued a second report on PureCycle Technologies (PCT), highlighting operational issues and the risk of imminent default due to the company's inability to meet production milestones. PureCycle's Ironton facility has faced production shortfalls, leading to a planned shutdown for repairs. The company's debt-heavy capital structure and stringent municipal bond covenants pose a significant risk, as failure to meet production targets could trigger default. The report suggests that PureCycle's equity could become worthless if it defaults, as its assets are collateralized against its bonds. Bleecker Street Research remains short on PCT shares.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 2:50 pm

PRMW

Primo Water (NYSE:PRMW) announced a quarterly dividend of 8 cents per share, with the ex-dividend date set for Monday. Shareholders owning PRMW stock by the end of Friday are eligible for the dividend, which will be paid on December 1, 2023. The stock is expected to open 8 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

SWKS

Skyworks Solutions (NASDAQ:SWKS) announced a quarterly dividend of 68 cents per share, with the ex-dividend date set for Monday. Shareholders owning SWKS stock by the end of Friday are eligible for the dividend, which will be paid on December 12, 2023. The stock is expected to open 68 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

DHT

DHT Holdings (NYSE:DHT) announced a quarterly dividend of 19 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on November 28, 2023. The stock is expected to open 19 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

DHI

D.R. Horton (NYSE:DHI) announced a quarterly dividend of 30 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the payout, which will be distributed on November 28, 2023. The stock is expected to open 30 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

PRU

Prudential Financial (NYSE:PRU) announced a quarterly dividend of $1.25 per share, with the ex-dividend date set for Monday. Shareholders owning PRU stock by the end of Friday's session will be eligible for the dividend, which will be paid on December 14, 2023. The stock is expected to open $1.25 lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

PRI

Primerica (NYSE:PRI) has announced a quarterly dividend of 65 cents per share, with the ex-dividend date set for Monday. Shareholders must own PRI stock before the ex-dividend date to be eligible for the dividend, which will be paid on December 12, 2023. The stock is expected to open 65 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

COF

Capital One Financial (NYSE:COF) has seen a 28.63% increase in short interest since its last report, with 11.35 million shares sold short, representing 3.01% of its float. It would take about 3.92 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, COF has less short interest compared to its peer group average of 8.60%. The rise in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm

MRNA

Moderna's (NYSE:MRNA) short interest has increased by 8.4% since the last report, with 19.61 million shares sold short, representing 6.84% of available shares. It would take about 3.78 days to cover all short positions. While this rise in short interest could indicate bearish sentiment, it does not necessarily predict a near-term price drop. Moderna has a higher short interest than its peer group average of 3.92%.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 2:45 pm