Dow Jones US Dividend 100 Index (DJUSDIV), HSY Stock, CINF StockMonica L. Correa,
mixmotive
The S&P made significant amendments to March 15’s Dow Jones US Dividend 100 Index (DJUSDIV) rebalancing changes, with 10 cancelled additions, two cancelled deletions, 11 newly announced additions, and three new deletions.
As indices announced their March global rebalancing changes, where Super Micro Computer (SMCI) and Deckers Outdoor (DECK) were added and Whirpool (WHR) and Zions Bancorp. (ZION) were taken out, the publicly traded corporation made overnight changes, materially reducing from $32B to $28B the trade gross turnover.
Cancelled additions included:
- Morgan Stanley (MS) – shares: 24.6M
- The PNC Financial Services Group Inc. (PNC) – shares: 9.3M
- Cullen/Frost Bankers Inc. (CFR) – shares: 1.49M
- Fulton Financial Corp. (FULT) – shares: 3.83M
- First Interstate BancSystem Inc. (FIBK) – shares: 1.93M
- First Merchants Corp. (FRME) – shares: 1.38M
- TriCo Bancshares (TCBK) – shares: 777K
- Peoples Bancorp Inc (PEBO) – shares: 785.5K
- Southside Bancshares Inc. (SBSI) – shares: 670.7K
- Mercantile Bank Corp. (MBWM) – shares: 344.7K
Cancelled deletions:
- Altria Group Inc. (MO) – original estimate of shares: -28.1M
- Pfizer Inc. (PFE) – original estimate of shares: -65.2M
New additions:
- The Hershey Co. (NYSE:HSY) – shares: 3.37M
- Cincinnati Financial Corp. (NASDAQ:CINF) – shares: 3.5M
- Skyworks Solutions Inc. (SWKS) – shares: 3.59M
- CF Industries Holdings Inc. (CF) – shares: 4.3M
- Dick’s Sporting Goods Inc. (DKS) – shares: 1.38M
- Vail Resorts Inc. (MTN) – shares: 857K
- CH Robinson Worldwide Inc. (CHRW) – shares: 2.6M
- Nextar Media Group Inc. (NXST) – shares: 726K
- Insperity Inc. (NSP) – shares: 797.7K
- Virtus Investment Partners Inc. (VRTS) – shares: 152K
- Oxford Industries Inc. (OXM) – shares: 330.7K
New deletions:
- Lazard Inc. (LAZ) – shares: -1.79M
- Federal Agricultural Mortgage Corp. (AGM) – shares: -147.7K
- Northern Trust Corp. (NTRS) – shares: -3.28M
