Analyst Activity – Wedbush Reiterates Hold on Macy’s (NYSE:M)

ME Staff
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Analyst Ratings For Macy’s (NYSE:M)

Today, Wedbush reiterated its Hold rating on Macy’s (NYSE:M).

There are 1 sell rating, 16 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Macy’s (NYSE:M) is Hold (Score: 2.22) with a consensus target price of $31.47 per share, a potential 31.52% upside.

Some recent analyst ratings include

  • 7/31/2017-Wedbush Reiterated Rating of Hold.
  • 6/19/2017-Royal Bank Of Canada Reiterated Rating of Hold.
  • 6/16/2017-Guggenheim Reiterated Rating of Buy.

Dividend information for Macy’s (NYSE:M)

Macy’s (NYSE:M) pays an annual dividend of Community Ranking: with a yield of 6.31% and an average dividend growth of 17.90% based on a 3 Year Average.

Dividend History for Macy’s (NYSE:M)

  • On 5/11/2017 Macy’s announced a quarterly dividend of $0.38 6.4% with an ex dividend date of 6/13/2017 which will be payable on 7/3/2017.
  • On 2/24/2017 Macy’s announced a quarterly dividend of $0.38 4.5% with an ex dividend date of 3/13/2017 which will be payable on 4/3/2017.
  • On 10/28/2016 Macy’s announced a quarterly dividend of $0.38 4.14% with an ex dividend date of 12/13/2016 which will be payable on 1/3/2017.
  • On 8/26/2016 Macy’s announced a quarterly dividend of $0.38 3.9% with an ex dividend date of 9/13/2016 which will be payable on 10/3/2016.
  • On 5/11/2016 Macy’s announced a quarterly dividend of $0.38 4.81% with an ex dividend date of 6/13/2016 which will be payable on 7/1/2016.
  • On 2/26/2016 Macy’s announced a quarterly dividend of $0.36 3.33% with an ex dividend date of 3/11/2016 which will be payable on 4/1/2016.
  • On 11/10/2015 Macy’s announced a quarterly dividend of $0.36 3.06% with an ex dividend date of 12/11/2015 which will be payable on 1/4/2016.

Recent Insider Trading Activity For Macy’s (NYSE:M)
Macy’s (NYSE:M) has insider ownership of 1.40% and institutional ownership of 84.61%.

  • On 6/15/2017 William H Lenehan, Director, bought 4,390 with an average share price of $22.72 per share and the total transaction amounting to $99,740.80. View SEC Filing
  • On 6/12/2017 Jeffrey Gennette, Insider, bought 13,085 with an average share price of $22.95 per share and the total transaction amounting to $300,300.75. View SEC Filing
  • On 3/29/2017 Felicia Williams, EVP, sold 1,697 with an average share price of $28.55 per share and the total transaction amounting to $48,449.35. View SEC Filing
  • On 3/29/2017 Molly Langenstein, Insider, sold 1,251 with an average share price of $28.55 per share and the total transaction amounting to $35,716.05. View SEC Filing
  • On 2/24/2017 Terry J Lundgren, Chairman, bought 30 with an average share price of $33.47 per share and the total transaction amounting to $1,004.10. View SEC Filing
  • On 11/30/2016 Craig Weatherup, Director, sold 20,000 with an average share price of $42.00 per share and the total transaction amounting to $840,000.00. View SEC Filing
  • On 3/23/2016 Terry J Lundgren, CEO, sold 177,352 with an average share price of $43.48 per share and the total transaction amounting to $7,711,264.96. View SEC Filing

Recent Trading Activity for Macy’s (NYSE:M)
Shares of Macy’s closed the previous trading session at 23.93 down -0.27 -1.12% with 5,342,021 shares trading hands.