Stratos Wealth Partners LTD. acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,386 shares of the premier technology solutions leader’s stock, valued at approximately $358,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Perpetual Ltd acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $262,000. First American Bank acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $621,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $422,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $361,000. Finally, Cohen Klingenstein LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $587,000.
Qnity Electronics Stock Performance
Shares of Qnity Electronics stock opened at $130.65 on Monday. The business’s fifty day simple moving average is $113.70. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $140.60. The stock has a market cap of $27.38 billion and a PE ratio of 71.39.
Analyst Ratings Changes
A number of research firms have recently commented on Q. Oppenheimer began coverage on Qnity Electronics in a report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price objective for the company. Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. Weiss Ratings started coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. Finally, Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $120.86.
Read Our Latest Stock Report on Qnity Electronics
Qnity Electronics Profile
Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.
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