SPDR MSCI Europe Energy UCITS ETF (NYSE:STN) (TSE:STN) released its quarterly earnings results on Wednesday. The business services provider reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.03, Morningstar.com reports. SPDR MSCI Europe Energy UCITS ETF had a net margin of 0.88% and a return on equity of 9.78%. The company had revenue of $891.49 million during the quarter, compared to the consensus estimate of $902.78 million. During the same period in the prior year, the firm earned $0.37 earnings per share. SPDR MSCI Europe Energy UCITS ETF’s revenue was up 14.7% on a year-over-year basis.

Shares of SPDR MSCI Europe Energy UCITS ETF (NYSE:STN) traded down 2.03% during midday trading on Thursday, reaching $26.55. 28,457 shares of the company’s stock were exchanged. The company has a market cap of $3.03 billion, a price-to-earnings ratio of 89.09 and a beta of 1.62. The stock’s 50 day moving average price is $25.18 and its 200 day moving average price is $25.33. SPDR MSCI Europe Energy UCITS ETF has a 12-month low of $21.50 and a 12-month high of $28.05.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 13th. Shareholders of record on Friday, June 30th were issued a $0.0913 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend was Wednesday, June 28th. SPDR MSCI Europe Energy UCITS ETF’s dividend payout ratio (DPR) is presently 123.33%.

A number of equities analysts recently issued reports on STN shares. Zacks Investment Research downgraded shares of SPDR MSCI Europe Energy UCITS ETF from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 26th. Desjardins raised shares of SPDR MSCI Europe Energy UCITS ETF from a “hold” rating to a “buy” rating in a research note on Friday, May 12th. Finally, BidaskClub raised shares of SPDR MSCI Europe Energy UCITS ETF from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $32.33.

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Several large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its stake in SPDR MSCI Europe Energy UCITS ETF by 163.2% in the first quarter. Tower Research Capital LLC TRC now owns 4,038 shares of the business services provider’s stock valued at $140,000 after buying an additional 2,504 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in SPDR MSCI Europe Energy UCITS ETF by 24.5% in the first quarter. Goldman Sachs Group Inc. now owns 68,507 shares of the business services provider’s stock valued at $1,774,000 after buying an additional 13,489 shares in the last quarter. Lowe Brockenbrough & Co. Inc. raised its stake in SPDR MSCI Europe Energy UCITS ETF by 4.7% in the first quarter. Lowe Brockenbrough & Co. Inc. now owns 9,940 shares of the business services provider’s stock valued at $257,000 after buying an additional 450 shares in the last quarter. Water Asset Management LLC raised its stake in SPDR MSCI Europe Energy UCITS ETF by 471.7% in the first quarter. Water Asset Management LLC now owns 304,537 shares of the business services provider’s stock valued at $7,888,000 after buying an additional 251,269 shares in the last quarter. Finally, Grandeur Peak Global Advisors LLC raised its stake in SPDR MSCI Europe Energy UCITS ETF by 3.9% in the first quarter. Grandeur Peak Global Advisors LLC now owns 1,510,635 shares of the business services provider’s stock valued at $39,147,000 after buying an additional 57,400 shares in the last quarter. Institutional investors and hedge funds own 57.33% of the company’s stock.

SPDR MSCI Europe Energy UCITS ETF Company Profile

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

Earnings History for SPDR MSCI Europe Energy UCITS ETF (NYSE:STN)

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