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Legal & General Group PLC Add to portfolio

LON100:LGEN, Dec 14, 11:18 UTC

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Friday, November 30


News

Legal & General Group Plc Upped Stake in International Business Machs (IBM) by $10.98 Million as Share Value Rose

LGEN IBM

It worsened, as 62 investors sold IBM shares while 617 reduced holdings. Stock Yards Natl Bank And Tru Communications holds 0.25% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 16,076 shares. Another trade for 1,000 shares valued at $114,673 was bought by OWENS JAMES W. $249,722 worth of International Business Machines Corporation (NYSE:IBM) was bought by WADDELL FREDERICK H on Thursday, November 1. More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “NAR: TSMC close to IBM chip order – Seeking Alpha” on November 19, 2018, also Digitaljournal.com with their article: “NYSE:IBM Shareholder Alert: Investigation over Potential Wrongdoing at International Business Machines Corp. – Press Release – Digital Journal” published on November 30, 2018, Seekingalpha.com published: “A Slow Motion Strategic Train Wreck With The Color Blue – Seeking Alpha” on November 10, 2018.

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Sunday, November 25


News

Brokers Set Expectations for Eaton Co. PLC’s FY2018 Earnings (NYSE:ETN) – Fairfield Current

LGEN ETN

Eaton Co. PLC (NYSE:ETN) – Equities research analysts at KeyCorp boosted their FY2018 EPS estimates for Eaton in a report issued on Tuesday, October 30th, Zacks Investment Research reports. KeyCorp analyst J. Hammond now forecasts that the industrial products company will post earnings of $5.37 per share for the year, up from their previous forecast of $5.35. UBS Group raised Eaton from a “neutral” rating to a “buy” rating and lifted their target price for the company from $91.00 to $100.00 in a research note on Friday, September 21st. Vanguard Group Inc. now owns 31,765,973 shares of the industrial products company’s stock worth $2,755,064,000 after acquiring an additional 150,330 shares in the last quarter.

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Tuesday, November 20


News

Home Depot Inc (HD) Stake Lessened by Legal & General Group Plc – Fairfield Current

LGEN HD

Legal & General Group Plc lessened its holdings in shares of Home Depot Inc (NYSE:HD) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. HC Financial Advisors Inc. purchased a new position in shares of Home Depot during the fourth quarter worth about $3,778,000. Following the completion of the sale, the executive vice president now directly owns 40,057 shares of the company’s stock, valued at approximately $8,077,093.48. Zacks Investment Research upgraded shares of Home Depot from a “hold” rating to a “buy” rating and set a $228.00 price target for the company in a research report on Friday, October 5th.

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Wednesday, October 17


News

As Csx Corp (CSX) Stock Price Rose, Holder Legal & General Group Plc Has Trimmed Position by $4.72 Million

LGEN CSX

It improved, as 42 investors sold CSX shares while 323 reduced holdings. 576.38 million shares or 3.40% less from 596.64 million shares in 2018Q1 were reported. Moreover, Capstone Inv Advsr Ltd Limited Liability Company has 0% invested in CSX Corporation (NASDAQ:CSX) for 2,198 shares. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 150,816 shares in the quarter, for a total of 5.50M shares, and has risen its stake in Forescout Technologies Inc. More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Nasdaq.com which released: “CSX Announces Record Third Quarter 2018 Financial Results” on October 16, 2018, also Nasdaq.com with their article: “CSX Promotes Safety Near Railroad Tracks During ‘Rail Safety Week’ in US and Canada” published on September 24, 2018, Streetinsider.com published: “Railroad operator CSX’s quarterly profit tops Wall Street target” on October 16, 2018.

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Sunday, October 14


News

Legal & General Group Plc Purchases 3,312 Shares of Hyatt Hotels Co. (H) – Fairfield Current

LGEN

Legal & General Group Plc grew its stake in Hyatt Hotels Co. (NYSE:H) by 9.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors also recently modified their holdings of H. Envestnet Asset Management Inc. boosted its holdings in shares of Hyatt Hotels by 201.2% during the 1st quarter. Berenberg Bank cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating and raised their target price for the stock from $83.00 to $87.50 in a research note on Thursday, July 19th. In other news, insider H Co Lp Lci sold 110,480 shares of the business’s stock in a transaction on Wednesday, August 22nd.

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Monday, October 08


News

Legal & General strikes 2.4 bln stg pension de-risking deal

LGEN

Legal & General strikes 2.4 bln stg pension de-risking deal. LONDON, Oct (Shenzhen: 000069.SZ - news) 8 (Reuters) - Legal & General said on Monday it had agreed a deal to insure 2.4 billion pounds ($3.14 billion) in pension risk with the Nortel Networks UK Pension Plan, adding its deal pipeline was at a record high. With (Other OTC: WWTH - news) insolvency proceedings now resolved, the pension scheme had been able to agree a deal with L&G that will give its members better benefits than they would have received in the PPF (Shenzhen: 300258.SZ - news) , L&G said, with more deals likely on the way. "Legal & General’s UK pipeline is stronger than we have ever seen, with 25 billion pounds currently in active pricing discussions following the completion of the Nortel buyout. Our international pipeline is also the strongest we have ever experienced."

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Friday, October 05


Social Chatter

Legal & General Group PLC (LON100:LGEN) social chatter is higher than usual

LGEN
Legal & General is backing a scheme to create a £1.8 billion network of science and technology centres in regional cities. The investment group has formed a joint venture with Bruntwood, the property company behind Manchester Science Partnerships. https://t.co/C0ilkicfaF
Social Chatter

Legal & General Group PLC (LON100:LGEN) social chatter is higher than usual

LGEN
Bruntwood & Legal & General Capital form jv to build £1.8bn Bruntwood SciTech, a new property company focusing on the science & technology sectors | @hatcherdavid #science #tech #proptech @landg_group @Bruntwood_UK @Savills @CBRE @EYnews https://t.co/Drfcb7COEC

Thursday, September 13


News

Legal & General completes £4.4bn pension deal with British Airways

IAG LGEN +1 more IAG LGEN IAG

The insurer said the deal would cover about 22,000 pensioners in the largest ever bulk annuity policy arranged with a UK pension scheme. "We are actively quoting on £27bn of UK PRT deals demonstrating the strong demand for insurance, supported by increasing affordability, as trustees seek to improve security for members and companies look to remove legacy liabilities. "READ: Legal & General first-half profits fall as volatility weighs on investment portfolio. British Airways, owned by International Consolidated Airlines Group PLC (LON:IAG), is one of many UK companies trying to address large pension deficits. Virginia Holmes, chair of the British Airways sponsored Airways Pensions Scheme, said: "This transaction is the latest in a number of insured arrangements entered into by the Airways Pension Scheme.

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News

Legal & General completes £4.4bn buy-in for British Airways PLC's pension scheme

IAG LGEN +1 more IAG LGEN IAG

StockMarketWire.com - Legal & General Group said Thursday it had completed a £4.4bn buy-in for British Airways PLC's pension scheme, Airways Pension Scheme, covering nearly 22,000 pensioners. 'This is the largest ever bulk annuity policy arranged with a UK pension scheme and also included the conversion of existing longevity insurance into a bulk annuity,' the company said. Legal & General said it expects to announcement further transactions in the UK PRT market within the next few months. 'I'm delighted that Legal & General has transacted the largest bulk annuity to date in the UK for British Airways' pension scheme. As we indicated at the half year results, the second half of 2018 is likely to be a record six months for our PRT business and we expect to announce further transactions in the next few months,' said Nigel Wilson, Chief Executive, Legal & General Group.

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