What Is Going On With These Four Trending Stocks?

State Street Corp (NYSE:STT) fell by 2.80% after reporting third quarter earnings of $1.16 per share on revenues of $2.65 billion, missing estimates by $0.07 and $20 million, respectively. Assets under management declined by 9% year-over-year to $2.2 trillion, while assets under custody and administration dropped by 4.2% to $27.27 trillion. Assets declined because of volatile markets and a less optimistic investor sentiment. The trust bank will cut jobs and expenses as a response to the environment. With a forward P/E of 12.66 and dividend yield of 1.96%, State Street Corp (NYSE:STT)’s stock isn’t expensive, although the emergence of robo-investing is something investors should keep a close eye on in the long run.

Of the around 730 elite funds we track, 30 funds owned $930.14 million of the company’s shares (representing 2.90% of the float) on June 30, versus 29 funds and $1.02 billion respectively on March 31.

VF Corp (NYSE:VFC) is off by 12% after reporting third quarter earnings of $1.07 per share on revenues of $3.61 billion, missing estimates by $0.05 per share and $70 million, respectively. Direct to consumer revenue increased 3% year-over-year, while the company’s Outdoor & Action sports segement reported a 13% currency neutral increase to almost $2.30 billion. Guidance is for revenue in fiscal year 2015 to rise by 7.5%. V.F. Corporation isn’t a company riding on a fad, and its brands are sustainable, but the stock could take some time to consolidate for a few more quarters as the company’s growth slows.

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