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Get A Bunch Of ETFs With This New ETF

Rosenblatt analyst Andrew Bond reiterates CME Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>) with a Sell and raises the price target from $185 to $187.

Price Target

Reiteration

Analyst Ratings

Rosenblatt Reiterates Sell on CME Gr, Raises Price Target to $187

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the health care sector.
<h3 class="wp-block-heading">Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>)</h3>
<ul>
<li>Dividend Yield: 6.40%</li>
<li>Guggenheim analyst Vamil Divan initiated coverage on the stock with a Buy rating and a price target of $36 on Feb. 23, 2024. This analyst has an accuracy rate of 76%.</li>
<li>TD Cowen analyst Steve Scala downgraded the stock from Outperform to Market Perform with a price target of $32 on Jan. 4, 2024. This analyst has an accuracy rate of 73%.</li>
<li>Recent News: On April 24, Pfizer's board of directors declared a 42 cents second-quarter 2024 dividend on the company&#8217;s common stock.</li>
</ul>
<h3 class="wp-block-heading">Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>)</h3>
<ul>
<li>Dividend Yield: 4.59%</li>
<li>Wells Fargo analyst Mohit Bansal maintained an Equal-Weight rating and cut the price target from $84 to $78 on March 4, 2024. This analyst has an accuracy rate of 76%.</li>
<li>RBC Capital analyst Brian Abrahams maintained a Sector Perform rating and slashed the price target from $76 to $75 on Feb. 14, 2024. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: Gilead Sciences is expected to release first quarter 2024 financial results on Thursday, April 25.</li>
</ul>
<h3 class="wp-block-heading">Patterson Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDCO#NASDAQ">PDCO</a>)</h3>
<ul>
<li>Dividend Yield: 3.97%</li>
<li>Morgan Stanley analyst Erin Wright maintained an Equal-Weight rating and cut the price target from $38 to $35 on Nov. 30, 2023. This analyst has an accuracy rate of 77%.</li>
<li>Stifel analyst Jonathan Block reiterated a Hold rating with a price target of $32 on Nov. 28, 2023. This analyst has an accuracy rate of 76%.</li>
<li>Recent News: On March 11, Patterson Companies approved a $500 million stock buyback and declared a quarterly dividend of 26 cents per share.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/24/04/38402061/jim-cramer-says-this-energy-stock-is-terrific-calls-caseys-general-stores-a-winner">Jim Cramer Says This Energy Stock Is &#8216;Terrific,&#8217; Calls Casey&#8217;s General Stores A &#8216;Winner&#8217;</a>

Dividends

Pre-Market Outlook

GILD

PDCO

Wall Street's Most Accurate Analysts' Views On 3 Health Care Stocks Delivering High-Dividend Yields

WIIM

ENCOR Group shares are trading higher after the company reported better-than-expected Q1 financial results and increase FY24 guidance above estimates.

HC Wainwright &amp; Co. analyst Andrew Fein maintains Biogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>) with a Buy and lowers the price target from $325 to $300.

BIIB

HC Wainwright & Co. Maintains Buy on Biogen, Lowers Price Target to $300

Rosenblatt analyst Barton Crockett maintains Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) with a Buy and raises the price target from $520 to $562.

Rosenblatt Maintains Buy on Meta Platforms, Raises Price Target to $562

Market-Moving Exclusives

Exclusives

VRAX

EXCLUSIVE: Virax Biolabs Tells Benzinga 'The launch marks a significant milestone for Virax as it brings us a step closer to commercializing ViraxImmuneTM  as a full In-Vitro-Diagnostic product'

Darling Ingredients (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAR#NYSE">DAR</a>) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.46 by 8.7 percent. This is a 56.14 percent decrease over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $1.420 billion which missed the analyst consensus estimate of $1.484 billion by 4.26 percent. This is a 20.71 percent decrease over sales of $1.791 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Darling Ingredients Q1 2024 GAAP EPS $0.50 Beats $0.46 Estimate, Sales $1.420B Miss $1.484B Estimate

Brunswick shares are trading lower following Q1 financial results and roughly in-line guidance.

EXCLUSIVE: Virax Biolabs Tells Benzinga Co. Launches Portfolio Of Immune Profiling Solutions Evaluating Adaptive Immunity In Post-Viral Syndromes

ConnectOne Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNOB#NASDAQ">CNOB</a>) reported quarterly earnings of $0.41 per share which missed the analyst consensus estimate of $0.42 by 2.38 percent. This is a 30.51 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $60.300 million which missed the analyst consensus estimate of $61.598 million by 2.11 percent. This is a 10.11 percent decrease over sales of $67.084 million the same period last year.

CNOB

ConnectOne Bancorp Q1 2024 GAAP EPS $0.41 Misses $0.42 Estimate, Sales $60.300M Miss $61.598M Estimate

BlackRock&#8216;s iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>) has seen its <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38401088/bitcoin-spot-etfs-net-31-6m-inflows-as-hong-kong-readies-for-etf-launches">record-breaking streak of inflows</a> come to an end on Wednesday. 
What Happened: According to <a href="https://sosovalue.xyz/assets/etf">data </a>from SoSoValue, IBIT recorded no net inflows for the day, snapping a 71-day stretch of continuous investment. 
On Wednesday, spot Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETF flows saw net outflows totaling $121 million, signaling a turbulent day for cryptocurrency investments.
Notably, Grayscale's Bitcoin Trust ETF (GBTC) registered the most substantial single-day outflow, withdrawing $130 million. 
Contrasting this, Fidelity Wise&#8217;s Origin Bitcoin Fund (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FBTC#BATS">FBTC</a>) emerged as the frontrunner for inflows, attracting $5.61 million in a single day, followed closely by the collaborative ETF from Ark Invest and 21Shares (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKB#BATS">ARKB</a>), which saw an influx of $4.17 million.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38413962/jack-dorsey-wants-to-make-bitcoin-mining-as-easy-as-plugging-in-a-lamp-heres-how">Jack Dorsey Wants To Make Bitcoin Mining As Easy As Plugging In A Lamp: Here&#8217;s How</a>
Hong Kong Steps Into The Crypto ETF Arena
The news of BlackRock&#8217;s pause coincides with a significant development in the Asian market. 
HashKey Exchange announced the completion of the first-ever cryptocurrency subscription for Bitcoin and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) spot ETFs offered by Hong Kong-based Bosera International and HashKey Capital. 
This subscription model allows for redemption without immediate sale of the underlying assets, potentially offering cost and liquidity benefits to investors.
Hong Kong&#8217;s foray into cryptocurrency ETFs marks a potential turning point for the Asian market. 
These ETFs are expected to begin trading on the Hong Kong Stock Exchange on April 30, providing investors in the region with a new avenue for cryptocurrency exposure.
What&#8217;s Next: The Benzinga <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event, scheduled for Nov. 19, will convene industry leaders, analysts, and investors to discuss these critical developments. 
This conference presents a unique opportunity to gain insights into the future of Bitcoin ETFs, cryptocurrency subscriptions, and the broader digital asset ecosystem. 
Don&#8217;t miss out on this chance to stay ahead of the curve in this <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38412858/trumps-crypto-portfolio-rebounds-with-1m-weekly-profit-which-crazy-new-currencies-does-he-">rapidly changing market.</a>
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38408395/why-is-mog-crypto-coin-going-up-trader-sees-billions-as-price-target">Why Is MOG Crypto Coin Going Up? Trader Sees &#8216;Billions&#8217; As Price Target</a>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

IBIT

BlackRock's Spot Bitcoin ETF Sees Zero Inflows, As Net Outflows Tally $130M On Wednesday

Jason Tsai, currently VP of IR and Finance at Silicon Motion, has been appointed Interim Chief Financial Officer of the Company effective as of April 25, 2024.&nbsp;

Management

SIMO

Silicon Motion Says Riyadh Lai Will Be Stepping Down As CFO, Effective April 25, 2024; Jason Tsai Named As Interim CFO

Craig-Hallum analyst Jeremy Hamblin initiates coverage on Red Robin Gourmet Burgers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRGB#NASDAQ">RRGB</a>) with a Buy rating and announces Price Target of $20.

Initiation

RRGB

Craig-Hallum Initiates Coverage On Red Robin Gourmet Burgers with Buy Rating, Announces Price Target of $20

CARR

Carrier Global shares are trading higher, rebounding from earlier weakness following Q1 earnings.

Latest version enhances operational efficiency, regulatory reporting, and strategic decision-making with robust business insights

Tech

General

SPNS

Sapiens Unveils Enhanced Reinsurance and Analytics Solution Catering to Evolving Market Demands

California Water Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWT#NYSE">CWT</a>) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $0.36 by 236.11 percent. This is a 402.5 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $270.75 million which beat the analyst consensus estimate of $183.85 million by 47.27 percent. This is a 106.52 percent increase over sales of $131.10 million the same period last year.

California Water Servs Gr Q1 EPS $1.21 Beats $0.36 Estimate, Sales $270.75M Beat $183.85M Estimate

Commodities

LODE

Comstock Completed The Commissioning Stages Of Its Demonstration-scale Production Facility In Silver Springs, Nevada

Buybacks

Union Pacific Says Restarting Share Repurchases In Q2

Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) reported quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $2.52 by 6.75 percent. The company reported quarterly sales of $6.00 billion which beat the analyst consensus estimate of $5.98 billion by 0.26 percent. This is a 0.92 percent decrease over sales of $6.06 billion the same period last year.

Union Pacific Q1 2024 Adj EPS $2.69 Beats $2.52 Estimate, Sales $6.00B Beat $5.98B Estimate

ULBI

Ultralife shares are trading higher after the company reported better-than-expected Q1 financial results.

ClearShares OCIO ETF declares quarterly distribution of $0.1226

ClearShares OCIO ETF declares quarterly distribution of $0.2602

ClearShares OCIO ETF declares quarterly distribution of $0.1670