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Texas Yale Capital Corp. Has $543000 Position in Corning Incorporated (GLW)

14 October 2017

Wesbanco Financial Bank owns 0.05% invested in Corning Incorporated (NYSE:GLW) for 32,716 shares. Finally, Andra AP fonden boosted its holdings in Corning by 3.4% in the second quarter. Nomura Holdings Inc.'s holdings in Corning were worth $2,659,000 as of its most recent SEC filing.

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Waldron LP lifted its holdings in shares of Corning by 72.6% during the first quarter. Capital Research Global Investors acquired 221,934 shares as Citigroup Inc (C)'s stock rose 1.55%. Corning's quarterly revenue was up 6.1% on a year-over-year basis. Andra AP fonden now owns 166,100 shares of the electronics maker's stock worth $4,991,000 after acquiring an additional 5,500 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Corning by 8.2% in the fourth quarter.

Uniti Group Inc. (NASDAQ:UNIT) ended its day at $15.13 with the rising stream of -1.50% and its total traded volume was 3.83 million shares more than the average volume. Dodge & Cox purchased a new position in shares of Corning during the fourth quarter worth approximately $759,279,000. On the opposite side of that transaction from Geode Capital Management, Llc stood Vanguard Group Inc which added 333 shares to its existing stake, bringing total stake held in GLW to 18790 shares.

Corning Incorporated (NYSE:GLW) traded down 0.67% during trading on Friday, reaching $29.74. The stock decreased 0.47% or $0.14 during the last trading session, reaching $29.89. Kames Capital Plc who had been investing in Corning Incorporated for a number of months, seems to be bullish on the $26.75B market cap company. Over the course of the previous year GLW has set a 52-week high of $32.17 while the corresponding low set was $22.23. The stock has a 50-day moving average of $29.52 and a 200 day moving average of $29.19. $3.13M worth of Corning Incorporated (NYSE:GLW) was sold by Clappin James P on Wednesday, June 14. The electronics maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02.

Return on equity reveals how much profit a company earned in comparison to the total amount of shareholder equity found on the balance sheet. Next quarter's EPS is expected be $0.47 and the next full year EPS is projected to be $1.83. Equities research analysts predict that Corning Incorporated will post $1.69 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 16th will be issued a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Wednesday, November 15th. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -2.47% and the separation from the 50 day low is presently 7.70%.

A number of other hedge funds also recently modified their holdings of the business. Jefferies Group LLC reiterated a "hold" rating and issued a $29.50 price target on shares of Corning in a report on Friday, October 6th. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. BidaskClub downgraded Corning from a "strong-buy" rating to a "buy" rating in a research note on Monday, July 31st. Corning Inc now has $27.04 billion valuation. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. Finally, Drexel Hamilton upped their target price on Corning from $14.50 to $17.50 and gave the company a "sell" rating in a research note on Wednesday, April 26th. The company has a consensus rating of "Hold" and an average target price of $28.90. Following the completion of the transaction, the vice president now directly owns 73,145 shares of the company's stock, valued at $2,089,021.20. Also, insider Clark S. Kinlin sold 46,763 shares of the company's stock in a transaction on Thursday, August 24th.

Since May 5, 2017, it had 0 buys, and 4 selling transactions for $1.13 million activity. During the same period in the previous year, the firm earned $0.37 earnings per share. Insiders own 0.59% of the company's stock.

COPYRIGHT VIOLATION NOTICE: "Raymond James Financial Services Advisors Inc".

Norris Perne & French Llp decreased Perrigo Co Plc Shs (PRGO) stake by 29.58% reported in 2017Q2 SEC filing. UBS maintained Corning Incorporated (NYSE:GLW) rating on Wednesday, October 28. Its segments include Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, Life Sciences and All Other.