$Wal-Mart(WMT)$ President recently sold US$1.4m worth of stock On the 27th of October, C. McMillon sold around 10k shares on-market at roughly US$141 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. ◈This was the largest sale by an insider in the last 3 months. ◈This was C.'s only on-market trade for the last 12 months.

$SINO-OCEAN GP(03377)$   Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. ◈2022 revenue forecast increased from CN¥57.7b to CN¥59.2b. ◈EPS estimate increased from CN¥0.205 to CN¥0.258 per share. ◈Net income forecast to grow 361% next year vs 15% growth forecast for Real Estate industry in Hong Kong. ◈Consensus price target broadly unchanged at HK$1.56. ◈Share price rose 3.7% to HK$1.13 over the past week.

$New York Mortgage(NYMT)$Consensus forecasts updatedThe consensus outlook for 2022 has been updated.◈2022 expected loss increased from -US$0.39 to -US$0.45 per share.◈Revenue forecast of US$117.9m unchanged since last update.◈Mortgage REITs industry in the US expected to see average net income growth of 13% next year.◈Consensus price target of US$3.94 unchanged from last update.◈Share price was steady at US$2.78 over the past week.

$AT&T Inc(T)$Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results:◈EPS: US$0.60 (up from US$0.21 in 2Q 2021).◈Revenue: US$29.6b (down 33% from 2Q 2021).◈Net income: US$4.32b (up 185% from 2Q 2021).◈Profit margin: 15% (up from 3.4% in 2Q 2021). The increase in margin was driven by lower expenses.Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.Over the next year, revenue is expected to shrink by 20% compared to a 6.2% decline forecast for the industry in the US.Over the last 3 years on average, earnings per share has fallen by 11% per year but the company's share price has fallen by 19% per year, which means it is performing significantly worse than earning

$Seagate Technology PLC(STX)$Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated.◈2023 revenue forecast decreased from US$12.1b to US$10.9b.◈EPS estimate also fell from US$8.54 per share to US$6.23 per share.◈Net income forecast to shrink 22% next year vs 0.09% growth forecast for Tech industry in the US .◈Consensus price target down from US$94.86 to US$85.67.◈Share price fell 4.6% to US$79.80 over the past week.

$World Wrestling Entertainment(WWE)$Price target increased to US$70.90Up from US$64.82, the current price target is an average from 10 analysts.◈New target price is approximately in line with last closing price of US$71.81.◈Stock is up 45% over the past year.◈The company is forecast to post earnings per share of US$2.52 for next year compared to US$2.36 last year.

$Western Digital(WDC)$Insider notifies of intention to sell stockGene Zamiska intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of September. If the sale is conducted around the recent share price of US$40.90, it would amount to US$89k.◈Since December 2021, Gene's direct individual holding has increased from 31.50k shares to 31.55k.◈Company insiders have collectively sold US$627k more than they bought, via options and on-market transactions in the last 12 months.

$Omega Healthcare Investors(OHI)$Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results:◈FFO: US$244.6m per share (down from US$0.78 in 2Q 2021).◈Revenue: US$244.6m (down 5.0% from 2Q 2021).◈Funds from operations (FFO): US$160.6m (down 11% from 2Q 2021).◈FFO margin: 66% (down from 70% in 2Q 2021).Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 2.2%.Over the next year, revenue is expected to shrink by 15% compared to a 9.2% growth forecast for the industry in the US.Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging

$Sachem Capital Corp.(SACH)$Consensus revenue estimates increase by 16%The consensus outlook for revenues in 2022 has improved.◈2022 revenue forecast increased from US$47.6m to US$55.1m.◈EPS estimate increased from US$0.53 to US$0.55 per share.◈Net income forecast to grow 61% next year vs 16% growth forecast for Mortgage REITs industry in the US.◈Consensus price target of US$6.75 unchanged from last update.◈Share price fell 2.6% to US$4.95 over the past week.

$COSCO SHIP INTL(00517)$Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%.The fair value is estimated to be HK$2.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Revenue has declined by 27% over the last 3 years. Earnings per share has grown by 6.8%.

$ARMOUR Residential REIT Inc(ARR)$Key Executive exercised options and sold US$52k worth of stockOn the 23rd of August, Scott Ulm exercised options to acquire 7k shares at no cost and sold these for an average price of US$7.06 per share. This trade did not impact their existing holding.◈Since September 2021, Scott's direct individual holding has increased from 162.71k shares to 196.08k.◈Company insiders have collectively sold US$1.0m more than they bought, via options and on-market transactions in the last 12 months.

$TriplePoint Venture Growth BDC(TPVG)$   BDCs: Trinity Looks Attractive Than TriplePoint Venture Growth ◈BDCs are benefitting from high rates and they are becoming an increasingly popular alternative financing option for cash-hungry startups. ◈Trinity Capital's high dividend yield, a significant dip in share price, and solid fundamentals make it a solid pick. ◈TriplePoint Venture Growth is also a solid dividend stock, but it lags behind Trinity on multiple metrics.

$Seagate Technology PLC(STX)$Seagate Technology Holdings plc Appoints Richard (Rick) Clemmer to the Board of DirectorsSeagate Technology Holdings plc announced that Richard (Rick) Clemmer has been appointed to the company’s Board of Directors, effective August 23, 2022. Mr. Clemmer brings extensive leadership and financial management experience in technology industries spanning semiconductor, storage, e-Commerce, and software. Mr. Clemmer served as Executive Director, President and Chief Executive Officer of NXP Semiconductors N.V., from 2009 to May 2020 during which he led the company through an IPO and subsequent rapid, profitable revenue growth.Previously, Mr. Clemmer served as a senior advisor to private equity firm KKR & Co. Inc., Presiden

$Altria(MO)$Altria: Greater Than 7% Dividend Yield - And Undervalued◈Altria is one of my favorite dividend aristocrats. The stock offers investors a relatively safe 7.76%+ dividend yield.◈Altria has an impressive track record of value accumulation. Most notably, from 2012 to 2021, Altria has recorded a revenue increase every single year.◈Altria stock's one-year forward P/E is estimated at 10.8x, which represents a 48.5% discount to the consumer staples sector.◈Personally, I value Altria stock with a residual earnings model and see more than 20% upside.◈Given Altria's defensive value profile, it is no surprise that the company's stock has clearly outperformed the market YTD.

$Exxon Mobil(XOM)$Green Gate Resources E, LLC signed an agreement to acquire 48.2% stake in Aera Energy LLC from Exxon Mobil Corporation (NYSE:XOM).Green Gate Resources E, LLC signed an agreement to acquire 48.2% stake in Aera Energy LLC from Exxon Mobil Corporation (NYSE:XOM) on September 1, 2022. The transaction is subject to regulatory approvals. The transaction is expected to close in the fourth quarter of 2022.Citigroup Inc., Wells Fargo Securities and Truist Securities, Inc. acted as lead financial advisor to Aera Energy LLC. Haynes & Boone, LLP acted as legal advisor to IKAV.

$ZIM Integrated Shipping Services Ltd.(ZIM)$   Upcoming dividend of US$2.95 per share Eligible shareholders must have bought the stock before 28 November 2022. ◈Payment date: 07 December 2022. ◈Payout ratio is a comfortable 56% and this is well supported by cash flows. ◈Trailing yield: 79%. -Within top quartile of American dividend payers (4.3%). .Higher than average of industry peers (28%).

$Verizon(VZ)$   Verizon Communications Inc. Appoints Angie Klein as SVP and President of the Verizon Value Organization Verizon announced the formation of the new Verizon Value organization designed to serve the entire value market. Chief Revenue Officer of TracFone and Verizon Prepaid and CEO of Visible Angie Klein has been appointed to the new role of SVP and President of the Verizon Value organization within the company’s Consumer Group division, beginning January 1, 2023. Angie will report to EVP & Group CEO of Verizon Consumer Group Manon Brouillette. In this role, Angie will be responsible for bringing a holistic approach across Verizon’s value and prepaid brands - Verizon Prepaid, Visible and the portfolio of TracFone brands includin

$Antero Midstream Corporation(AM)$ Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: ◈EPS: US$0.18 (down from US$0.19 in 3Q 2021). ◈Revenue: US$248.7m (up 2.6% from 3Q 2021). ◈Net income: US$84.0m (down 5.8% from 3Q 2021). ◈Profit margin: 34% (down from 37% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 6.8%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.4% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increa

$Verizon(VZ)$ Verizon: Shouldn't Be Priced As If Postpaid Phones Is Their Entire Business ◈Verizon reported Q3FY22 results that came in ahead of expectations and were paired with the announcement of a new cost savings initiative. ◈Headlines continue to highlight weak net postpaid phone additions, which continues to significantly lag those reported by AT&T. ◈While the metric is indeed weak, continued strength in their Business segment and their Broadband and Value markets provide an adequate counterbalance. ◈Continued penetration into their premium plans is also resulting in continued growth in average revenues per account. ◈At new 52-week lows with a dividend yield in excess of 7%, VZ remains one of the top risk/reward opportunities in the marke

$Annaly Capital Management(NLY)$Annaly Capital Management declares $0.88 dividend, approves 1-for-4 reverse stock split◈Annaly Capital Management (NYSE:NLY) declares $0.88/share quarterly dividend, board unanimously approves a 1-for-4 reverse stock split.◈The quarterly dividend of $0.88 maintains NLY's prior dividend of $0.22 before the reverse stock split.◈Payable Oct. 31; for shareholders of record Sept. 30; ex-div Sept. 29.