<div id="readability-page-1"><p>Momentum Wealth Planning LLC bought a new position in  Rocket Companies, Inc. (NYSE:RKT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  bought 65,354 shares of the company's stock, valued at approximately $927,000. Rocket Companies comprises  0.8% of Momentum Wealth Planning LLC's portfolio, making the stock its 24th largest holding.</p><ul><li>3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound</li></ul><p>Several other large investors have also added to or reduced their stakes in RKT. PNC Financial Services Group Inc. raised its position in  Rocket Companies by 18.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,890 shares of the company's stock valued at $55,000 after buying an additional 605 shares during the last quarter.  Amundi grew its stake in shares of  Rocket Companies by 2.3% in the 2nd quarter. Amundi now owns 34,170 shares of the company's stock worth $498,000 after acquiring an additional 754 shares in the last quarter.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of  Rocket Companies by 23.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,339 shares of the company's stock valued at $62,000 after purchasing an additional 816 shares during the last quarter.  USS Investment Management Ltd lifted its position in shares of  Rocket Companies by 2.7% during the first quarter. USS Investment Management Ltd now owns 37,152 shares of the company's stock valued at $448,000 after purchasing an additional 967 shares in the last quarter.  Finally, Missouri Trust &amp; Investment Co boosted its holdings in  Rocket Companies by 1.1% during the second quarter. Missouri Trust &amp; Investment Co now owns 94,395 shares of the company's stock worth $1,339,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own  4.59% of the company's stock. </p><div><p><span></span><span>Get <strong>Rocket Companies</strong> alerts:</span></p></div><h2>Insider Activity at Rocket Companies</h2><p>In other news, Director Matthew Rizik sold 2,500 shares of Rocket Companies stock in a transaction on Friday, December 12th. The stock was sold at an average price of $18.99, for a total value of $47,475.00. Following the completion of the transaction, the director directly owned 1,086,036 shares in the company, valued at approximately $20,623,823.64. The trade was a 0.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Insiders sold 17,500 shares of company stock valued at $325,650 over the last three months. 92.64% of the stock is owned by company insiders. </p><h2>Rocket Companies Stock Down 3.4%</h2><ul><li>3 Fintech Stocks That Are Set to Rise as Rates Fall</li></ul><p>RKT stock opened at $18.70 on Monday. The stock has a fifty day moving average of $17.61 and a 200-day moving average of $16.88. Rocket Companies, Inc. has a fifty-two week low of $10.06 and a fifty-two week high of $22.56. The company has a market capitalization of $39.35 billion, a price-to-earnings ratio of 233.73 and a beta of 2.26. The company has a debt-to-equity ratio of 2.16, a quick ratio of 19.68 and a current ratio of 19.68. </p><p>Rocket Companies (NYSE:RKT - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.07 EPS for the quarter, meeting analysts' consensus estimates of $0.07. Rocket Companies had a negative net margin of 1.77% and a positive return on equity of 2.83%. The company had revenue of $1.78 billion for the quarter, compared to analysts' expectations of $1.65 billion. During the same period in the prior year, the company posted $0.08 EPS. Rocket Companies's revenue was up 148.1% compared to the same quarter last year.  As a group, equities research analysts predict that  Rocket Companies, Inc. will post 0.15 earnings per share for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Mortgage Pressures Ease, 3 Stocks to Rally on Lower Rates</li></ul><p>RKT has been the subject of several analyst reports. The Goldman Sachs Group  reiterated a &#34;neutral&#34; rating and issued a $22.00 price objective (up previously from $16.00) on shares of Rocket Companies in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft  reaffirmed a &#34;buy&#34; rating on shares of Rocket Companies in a report on Monday, October 13th. Weiss Ratings  reissued a &#34;sell (d+)&#34; rating on shares of Rocket Companies in a research report on Monday, December 8th. Bank of America raised Rocket Companies from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and raised their target price for the company from $21.00 to $24.00 in a research report on Wednesday, September 10th. Finally, Barclays  set a $19.00 price target on shares of Rocket Companies and gave the stock a &#34;cautious&#34; rating in a report on Monday, October 6th. Four investment analysts have rated the stock with a Buy rating, nine have issued  a Hold rating and three have issued  a Sell rating to the company's stock. According to data from MarketBeat, Rocket Companies presently has an average rating of &#34;Hold&#34; and a consensus price target of $18.18.</p><p><b>Get Our Latest Report on RKT</b></p><h2>Rocket Companies Profile</h2> (Free Report)<p>Rocket Companies, Inc, a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.</p><h2>Read More</h2><ul><li>Five stocks we like better than Rocket Companies</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>3 Underrated Robotics Stocks Poised for Huge Gains</li><li>What Are Treasury Bonds?</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>What Are Dividend Champions? How to Invest in the Champions</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJLVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJLVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Rocket Companies Right Now?</h2><p>Before you consider Rocket Companies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rocket Companies wasn't on the list.</p><p>While Rocket Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Momentum Wealth Planning LLC acquired 65,354 shares of Rocket Companies, Inc., valued at $927,000, making it the 24th largest holding in their portfolio. Other investors also adjusted their stakes in Rocket Companies. The company's stock opened at $18.70, with a market cap of $39.35 billion. Analysts have mixed ratings, with some upgrading their price targets. Rocket Companies reported $1.78 billion in revenue for the last quarter, up 148.1% year-over-year.</p>

Momentum Wealth Planning LLC Takes $927,000 Position in Rocket Companies, Inc. $RKT