Lexmark International, Inc. (NYSE:LXK) is expected to pay $0.36 on Dec 16, 2016. The indicated annual dividend is $1.44. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Lexmark International, Inc.’s current price of $40.49, the dividend is 0.89%. This dividend’s record date is Dec 2, 2016 and the announcement date is Oct 31, 2016. The stock increased 0.02% or $0.01 during the last trading session, hitting $40.49. Lexmark International Inc (NYSE:LXK) has risen 4.30% since April 26, 2016 and is uptrending. It has underperformed by 0.96% the S&P500.
Lexmark International, Inc. is a developer, maker and supplier of printing, imaging, device management, managed print services , document workflow, and business process and content management solutions. The company has a market cap of $2.55 billion. The Firm operates through two divisions: Imaging Solutions and Services (ISS) and Enterprise Software. It currently has negative earnings. The Company’s ISS segment offers a portfolio of color and monochrome laser printers and laser multifunction printers (MFPs), as well as supplies, software applications, software solutions and MPS.
Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.11, from 1.21 in 2016Q1. The ratio dropped, as 48 funds sold all Lexmark International Inc shares owned while 55 reduced positions. 50 funds bought stakes while 75 increased positions. They now own 51.48 million shares or 3.46% less from 53.33 million shares in 2016Q1.
Lsv Asset Mgmt reported 2.92M shares or 0.23% of all its holdings. Babson Capital Limited holds 0.01% or 8,100 shares in its portfolio. Millennium Ltd has invested 0% of its portfolio in Lexmark International Inc (NYSE:LXK). D Scott Neal accumulated 1,476 shares or 0.05% of the stock. Metropolitan Life Insurance Ny last reported 58,819 shares in the company. Taconic Lp has 0.87% invested in the company for 150,000 shares. Moreover, Sphinx Trading Lp has 0.15% invested in Lexmark International Inc (NYSE:LXK) for 2,000 shares. Advsrs Preferred Limited Liability Company, a Maryland-based fund reported 123 shares. Fny Managed Accounts Llc owns 17,000 shares or 0% of their US portfolio. Retirement Of Alabama has 0.02% invested in the company for 80,806 shares. Creative Planning reported 100 shares or 0% of all its holdings. Moreover, Credit Suisse Ag has 0.05% invested in Lexmark International Inc (NYSE:LXK) for 1.11M shares. Rowland And Counsel Adv holds 0% or 13,087 shares in its portfolio. Hancock Comm holds 0.04% of its portfolio in Lexmark International Inc (NYSE:LXK) for 23,778 shares. Nationwide Fund Advsr accumulated 0.02% or 114,576 shares.
Lexmark International Inc (NYSE:LXK) Ratings Coverage
Out of 4 analysts covering Lexmark International Inc. (NYSE:LXK), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Lexmark International Inc. has been the topic of 8 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Standpoint Research upgraded Lexmark International Inc (NYSE:LXK) rating on Wednesday, August 26. Standpoint Research has “Hold” rating and $36.0 price target. On Friday, October 23 the stock rating was downgraded by Standpoint Research to “Hold”. The stock of Lexmark International Inc (NYSE:LXK) has “Market Perform” rating given on Wednesday, August 5 by Bernstein. The rating was downgraded by Standpoint Research to “Hold” on Wednesday, April 20. The stock of Lexmark International Inc (NYSE:LXK) has “Buy” rating given on Thursday, January 7 by Standpoint Research. The stock has “Neutral” rating given by Citigroup on Wednesday, October 7. The rating was upgraded by Credit Suisse to “Neutral” on Thursday, February 18.
More notable recent Lexmark International Inc (NYSE:LXK) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Fair Isaac, Analog Devices and Lexmark International” on November 28, 2016, also Fool.com with their article: “Lexmark International Inc. Stock Jumps as Buyout Looks Close” published on September 30, 2016, Forbes.com published: “Lexmark International is Oversold” on September 27, 2016. More interesting news about Lexmark International Inc (NYSE:LXK) were released by: Fool.com and their article: “Why Lexmark International Inc. Shares Jumped” published on April 20, 2016 as well as Natlawreview.com‘s news article titled: “CFIUS Clearance: Consortium led by Apex Technology and Lexmark International Inc.” with publication date: October 04, 2016.
LXK Company Profile
Lexmark International, Inc., incorporated on May 25, 1990, is a developer, maker and supplier of printing, imaging, device management, managed print services (MPS), document workflow, and business process and content management solutions. The Firm operates through two divisions: Imaging Solutions and Services (ISS) and Enterprise Software. The Firm operates in the office printing and imaging, enterprise content management (ECM), business process management (BPM), document output management (DOM)/customer communications management (CCM), intelligent content capture and data extraction and enterprise search software markets. The Company’s products include laser printers and multifunction devices, dot matrix printers and the associated supplies/solutions/services. They also include an integrated suite of ECM, BPM and DOM/CCM that includes case management, electronic signature, process analytics, information and application integration, intelligent content capture and data extraction, enterprise search and medical imaging vendor neutral archive (VNA) software products and solutions. The Firm develops and owns the technology for its printing and imaging products and its software related to MPS and content and process management solutions.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.