Institutional investors own 4.09% of the company’s stock. AXQ Capital LP now owns 56,668 shares of the company’s stock valued at $464,000 after purchasing an additional 33,800 shares in the last quarter. Finally, AXQ Capital LP increased its holdings in shares of Rocket Companies by 147.8% in the third quarter. Legal & General Group Plc now owns 543,007 shares of the company’s stock valued at $4,442,000 after purchasing an additional 107,807 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Rocket Companies by 24.8% in the third quarter. Kingfisher Capital LLC now owns 153,098 shares of the company’s stock valued at $1,252,000 after purchasing an additional 4,478 shares in the last quarter. Kingfisher Capital LLC increased its holdings in shares of Rocket Companies by 3.0% in the third quarter. Royal Bank of Canada now owns 100,701 shares of the company’s stock valued at $824,000 after purchasing an additional 66,612 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Rocket Companies by 195.4% in the third quarter. Comerica Bank acquired a new stake in shares of Rocket Companies in the third quarter valued at approximately $71,000. Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Institutional Trading of Rocket Companies Equities analysts anticipate that Rocket Companies will post -0.19 EPS for the current year. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Rocket Companies had a negative net margin of 0.63% and a negative return on equity of 6.01%. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.03. Rocket Companies ( NYSE:RKT – Get Free Report) last posted its quarterly earnings data on Thursday, November 2nd. The firm’s 50 day moving average price is $8.36 and its two-hundred day moving average price is $9.20. The stock has a market cap of $20.54 billion, a price-to-earnings ratio of -49.33 and a beta of 2.27. The company has a debt-to-equity ratio of 1.05, a quick ratio of 11.15 and a current ratio of 11.15. Rocket Companies has a twelve month low of $6.63 and a twelve month high of $11.94. According to, Rocket Companies has an average rating of “Hold” and an average price target of $8.68. ![]() Three investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. ![]() ![]() lowered their price target on shares of Rocket Companies from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, October 17th. Wedbush lowered their price target on shares of Rocket Companies from $11.00 to $8.00 and set a “neutral” rating on the stock in a report on Friday, November 3rd. They set an “underweight” rating and a $6.00 price target on the stock. Barclays started coverage on shares of Rocket Companies in a report on Wednesday, November 15th. The Goldman Sachs Group lowered their price target on shares of Rocket Companies from $11.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, October 3rd. Keefe, Bruyette & Woods lowered their price target on shares of Rocket Companies from $11.50 to $9.25 in a report on Monday, October 2nd. RKT has been the topic of several other reports. UBS Group’s target price points to a potential downside of 17.95% from the company’s current price. ![]() They presently have a $8.50 price objective on the stock. Rocket Companies ( NYSE:RKT – Get Free Report)‘s stock had its “sell” rating reissued by UBS Group in a research note issued to investors on Wednesday, Benzinga reports.
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