Saving Investment – Zeleniy Coffee http://zeleniycoffee.com/ Mon, 21 Nov 2022 13:08:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 http://zeleniycoffee.com/wp-content/uploads/2021/05/zeleniy-coffee-icon-150x150.png Saving Investment – Zeleniy Coffee http://zeleniycoffee.com/ 32 32 Virgin Money UK PLC (LON:VMUK) declares a dividend of 7.50 GBX http://zeleniycoffee.com/virgin-money-uk-plc-lonvmuk-declares-a-dividend-of-7-50-gbx/ Mon, 21 Nov 2022 13:08:19 +0000 http://zeleniycoffee.com/virgin-money-uk-plc-lonvmuk-declares-a-dividend-of-7-50-gbx/

Virgin Money UK PLC (LON:VMFRGet a rating) announced a dividend on Monday, November 21, Next.Co.Uk reports. Shareholders of record on Thursday, February 9 will receive a dividend of GBX 7.50 ($0.09) per share on Wednesday, March 15. This represents a return of 4.62%. The ex-dividend date is Thursday, February 9. This is a boost from Virgin Money UK’s previous dividend of $2.50. The official announcement can be seen on this link.

Price performance of Virgin Money in the UK

LON VMFR opened at 166.15 GBX ($1.95) on Monday. The company has a fifty-day moving average price of 136.96 GBX and a two-hundred-day moving average price of 141.34 GBX. Virgin Money UK has a fifty-two week minimum of 1.46 GBX ($0.02) and a fifty-two week maximum of 218.70 GBX ($2.57). The stock has a market capitalization of £2.32 billion and a PE ratio of 366.44.

Wall Street analysts predict growth

VMUK has been the subject of a number of research reports. Berenberg Bank upgraded Virgin Money UK to a “hold” rating and set a price target of 170 GBX ($2.00) for the company in a Monday, September 26 research note. Barclays reiterated an “overweight” rating and issued a GBX 220 ($2.59) price target on Virgin Money UK shares in a research note on Thursday, October 20. JPMorgan Chase & Co. lowered its price target on Virgin Money UK from 200 GBX ($2.35) to 165 GBX ($1.94) and set a “neutral” rating for the company in a research note from the Wednesday October 12. Royal Bank of Canada reiterated a “sector performance” rating and issued a GBX 200 ($2.35) price target on Virgin Money UK shares in a research note on Thursday, August 4. Finally, Shore Capital reiterated a “buy” rating on Virgin Money UK shares in a research note on Monday. One equity research analyst gave the stock a sell rating, three issued a hold rating and four issued a buy rating for the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of 207.50 GBX ($2.44).

Virgin Money UK Company Profile

(Get a rating)

Virgin Money UK PLC provides consumer and small and medium-sized business banking products and services under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands in the UK. The company offers savings and current accounts, mortgages, credit cards and home loans. corporate loans, overdraft facilities, cash solutions and corporate and structured finance; asset financing and wealth referencing services; risk management; international trade services; money services, pensions and investment and protection products; and home, auto, travel, life and critical illness insurance products.

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Signature Bank (NASDAQ:SBNY) Receives Consensus “Moderate Buy” Recommendation From Brokerages http://zeleniycoffee.com/signature-bank-nasdaqsbny-receives-consensus-moderate-buy-recommendation-from-brokerages/ Sat, 19 Nov 2022 06:10:15 +0000 http://zeleniycoffee.com/signature-bank-nasdaqsbny-receives-consensus-moderate-buy-recommendation-from-brokerages/

Signature Bank Shares (NASDAQ: SBNYGet a rating) have been given a consensus rating of “moderate buy” by the seventeen brokerages that currently cover the business, market beat reports. Two equity research analysts gave the stock a hold rating, nine assigned a buy rating and one issued a strong buy rating for the company. The 12-month average price target among brokers who have hedged the stock over the past year is $227.50.

Several equity research analysts weighed in on the stock. Maxim Group lowered its price target on Signature Bank shares from $425.00 to $350.00 in a Wednesday, October 19 research report. Keefe, Bruyette & Woods cut Signature Bank shares from an “outperform” rating to a “market perform” rating and set a price target of $185.00 for the company. in a Wednesday, October 19 research report. Goldman Sachs Group lowered its price target on Signature Bank shares from $216.00 to $176.00 and set a “buy” rating for the company in a research report on Friday, September 30. UBS Group lowered its price target on Signature Bank shares from $309.00 to $288.00 and set a “buy” rating for the company in a Wednesday, July 27 research report. Finally, Compass Point lowered its price target on Signature Bank shares to $180.00 in a Thursday, October 20 research report.

Signature Bank Price Performance

Shares of Signature Bank Stocks opened at $132.03 on Friday. Signature Bank has a 52-week low of $129.96 and a 52-week high of $374.76. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of 6.45, a growth price-to-earnings ratio of 0.68 and a beta of 1.67. The company has a fifty-day moving average of $153.78 and a 200-day moving average of $179.52. The company has a debt ratio of 0.26, a quick ratio of 0.82 and a current ratio of 0.82.

Signature Bank (NASDAQ: SBNYGet a rating) last reported quarterly earnings data on Tuesday, October 18. The bank reported earnings per share (EPS) of $5.57 for the quarter, beating consensus analyst estimates of $5.44 by $0.13. Signature Bank had a net margin of 41.55% and a return on equity of 16.49%. In the same period a year earlier, the company posted earnings per share of $3.88. Equity research analysts expect Signature Bank to post EPS of 21.51 for the current year.

Signature Bank announces dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 10. Investors of record on Friday, October 28 received a dividend of $0.56. The ex-dividend date was Thursday, October 27. This represents an annualized dividend of $2.24 and a dividend yield of 1.70%. Signature Bank’s payout ratio is 10.94%.

Institutional entries and exits

Several institutional investors have recently changed their holdings in SBNY. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in Signature Bank during Q1 valued at approximately $29,000. JCSD Capital LLC acquired a new stake in Signature Bank during Q1 valued at approximately $29,000. Blume Capital Management Inc. acquired a new stake in Signature Bank during Q1 worth approximately $29,000. Quent Capital LLC increased its stake in Signature Bank by 152.5% during the 1st quarter. Quent Capital LLC now owns 101 shares of the bank valued at $30,000 after buying 61 additional shares in the last quarter. Finally, Cambridge Trust Co. increased its stake in Signature Bank by 1,018.2% during the 1st quarter. Cambridge Trust Co. now owns 123 shares of the bank valued at $36,000 after buying 112 more shares in the last quarter. 98.62% of the shares are currently held by institutional investors.

Corporate Profile Signature Bank

(Get a rating)

Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The Company offers various loan products including commercial and industrial loans, real estate loans and letters of credit.

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Analyst Recommendations for Signature Bank (NASDAQ:SBNY)

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Although Signature Bank currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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Itaú Unibanco (NYSE:ITUB) upgraded to “overweight” at Barclays http://zeleniycoffee.com/itau-unibanco-nyseitub-upgraded-to-overweight-at-barclays/ Tue, 15 Nov 2022 18:58:52 +0000 http://zeleniycoffee.com/itau-unibanco-nyseitub-upgraded-to-overweight-at-barclays/

Itau Unibanco (NYSE:ITUBGet a rating) has been updated by research analysts at Barclays from a “weighted” rating to an “overweight” rating in a report released on Tuesday, Fly reports.

Several other analysts also commented on the company. Scotiabank upgraded Itaú Unibanco from an “sector performance” rating to an “outperform” rating in a Wednesday, October 5 report. Goldman Sachs Group upgraded Itaú Unibanco from a “neutral” rating to a “buy” rating and raised its price target for the stock from $5.40 to $7.00 in a Thursday, September 29 report.

Itaú Unibanco shares down 0.4%

Itau Unibanco stock opened at $4.95 on Tuesday. The company has a market capitalization of $48.51 billion, a price-earnings ratio of 9.52, a PEG ratio of 0.54 and a beta of 0.76. The stock has a fifty-day simple moving average of $5.42 and a two-hundred-day simple moving average of $4.99. Itaú Unibanco has a 12-month low of $3.60 and a 12-month high of $6.07. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt ratio of 2.33.

Hedge funds weigh on Itaú Unibanco

Several institutional investors and hedge funds have recently bought and sold shares of ITUB. Sumitomo Mitsui Trust Holdings Inc. increased its position in Itaú Unibanco by 133.1% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 286,345 shares of the bank valued at $1,635,000 after buying an additional 163,514 shares last quarter. Comerica Bank increased its position in Itaú Unibanco by 2.1% during the first quarter. Comerica Bank now owns 151,841 shares of the bank valued at $850,000 after buying 3,125 additional shares last quarter. Daiwa Securities Group Inc. increased its position in Itaú Unibanco by 0.8% during the first quarter. Daiwa Securities Group Inc. now owns 782,347 shares of the bank valued at $4,467,000 after buying an additional 6,000 shares last quarter. Calamos Advisors LLC increased its position in Itaú Unibanco by 66.9% during the first quarter. Calamos Advisors LLC now owns 1,004,739 shares of the bank valued at $5,737,000 after purchasing an additional 402,626 shares last quarter. Finally, Calamos Wealth Management LLC bought a new position in Itaú Unibanco during the first quarter at a value of $92,000. 3.28% of the shares are currently held by hedge funds and other institutional investors.

Itaú Unibanco Company Profile

(Get a rating)

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and businesses in Brazil and internationally. The Company operates through three segments: Retail Banking, Wholesale Banking and Market and Society Business. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate loan services; financing and investment services; and leasing and currency exchange services.

Read more

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UniCredit (OTCMKTS:UNCRY) PT raised to €17.00 at Berenberg Bank http://zeleniycoffee.com/unicredit-otcmktsuncry-pt-raised-to-e17-00-at-berenberg-bank/ Sat, 12 Nov 2022 18:36:15 +0000 http://zeleniycoffee.com/unicredit-otcmktsuncry-pt-raised-to-e17-00-at-berenberg-bank/

UniCredit (OTCMKTS: NOT CRYGet a rating) saw its price target raised by equity research analysts at Berenberg Bank from €14.50 ($14.50) to €17.00 ($17.00) in a research note released on Friday, Fly reports. The brokerage currently has a “buy” rating on the stock.

Other stock research analysts have also published research reports on the stock. AlphaValue upgraded UniCredit shares to a “reduced” rating in a report on Thursday, October 27. Barclays raised its price target on UniCredit shares from €11.90 ($11.90) to €12.50 ($12.50) and gave the stock an “equal weight” rating in a research report from Monday, October 24. JPMorgan Chase & Co. upgraded UniCredit’s shares from a “neutral” rating to an “overweight” rating in a Tuesday, September 27 research note. Morgan Stanley lowered its price target on UniCredit shares from €15.40 ($15.40) to €15.00 ($15.00) and set an “overweight” rating on the stock in a Friday, August 19 report. Finally, Credit Suisse Group raised its price target on UniCredit shares from €14.40 ($14.40) to €16.90 ($16.90) in a report on Friday, October 28. One research analyst rated the stock with a sell rating, two gave the stock a hold rating, and seven gave the stock a buy rating. Based on data from MarketBeat.com, UniCredit has a consensus rating of “Moderate Buy” and an average price target of $14.80.

UniCredit Price Performance

Shares of UniCredit share traded at $0.32 on Friday, reaching $6.61. The stock had trading volume of 190,493 shares, compared to an average volume of 336,782. UniCredit has a fifty-two-week low of $4.09 and a fifty-two-week high of $9.05. The company’s 50-day moving average price is $5.49 and its two-hundred-day moving average price is $5.12.

About UniCredit

(Get a rating)

UniCredit SpA operates as a commercial bank providing retail, corporate and individual banking services. It offers accounts and deposits, loans, cards, transactions and payments, funds, advisory, cash and insurance products, as well as digital and mobile banking. The company also provides solutions for payments and liquidity, working capital, hedging, international trade and treasury operations; and financing solutions including structured, project and commodity and export trade finance, as well as debt and equity financing; and structured investments and investment advisory solutions.

Read more

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Analyst recommendations for UniCredit (OTCMKTS: UNCRY)

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Comerica Incorporated will issue a quarterly dividend of $0.68 (NYSE: CMA) http://zeleniycoffee.com/comerica-incorporated-will-issue-a-quarterly-dividend-of-0-68-nyse-cma/ Tue, 08 Nov 2022 22:48:07 +0000 http://zeleniycoffee.com/comerica-incorporated-will-issue-a-quarterly-dividend-of-0-68-nyse-cma/

Comerica Incorporated (NYSE: CMAGet a rating) declared a quarterly dividend on Tuesday, November 8, RTT News reports. Shareholders of record on Thursday, December 15 will receive a dividend of 0.68 per share from the financial services provider on Sunday, January 1. This represents an annualized dividend of $2.72 and a yield of 3.81%.

Comerica has increased its dividend payout by an average of 13.9% per year over the past three years and has increased its dividend every year for the past 11 years. Comerica has a payout ratio of 26.8%, indicating that its dividend is sufficiently covered by earnings. Equity research analysts expect Comerica to earn $10.08 per share next year, meaning the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 27.0%.

Comerica price performance

AMC Action traded at $1.25 in midday trading on Tuesday, hitting $71.48. The company’s shares had a trading volume of 2,504,621 shares, compared to its average volume of 1,383,367. Comerica has a 12-month low of $64.11 and a 12-month high of 102, $09. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt ratio of 0.65. The company has a market cap of $9.36 billion, a price-to-earnings ratio of 9.52, a growth price-to-earnings ratio of 1.29, and a beta of 1.20. The company has a 50-day moving average of $74.43 and a two-hundred-day moving average of $77.19.

Comedy (NYSE: CMAGet a rating) last released its quarterly results on Wednesday, October 19. The financial services provider reported earnings per share of $2.60 for the quarter, beating the consensus estimate of $2.57 by $0.03. Comerica had a return on equity of 16.56% and a net margin of 30.73%. In the same period a year earlier, the company posted earnings per share of $1.90. On average, analysts expect Comerica to post an EPS of 8.53 for the current year.

Analyst upgrades and downgrades

Several brokerages have recently released reports on CMA. Argus upgraded Comerica from a “hold” rating to a “buy” rating and set a price target of $87.00 on the stock in a Thursday, October 20 report. Evercore ISI raised its price target on Comerica to $86.00 in a Friday, July 22 report. Goldman Sachs Group lowered its price target on Comerica from $94.00 to $84.00 and set a “neutral” rating on the stock in a Monday, October 3 report. Compass Point reduced its price target on Comerica to $88.00 in a Thursday, October 20 report. Finally, Piper Sandler reduced her price target on Comerica to $85.00 in a Thursday, October 20 report. Two research analysts rated the stock with a sell rating, seven gave the company a hold rating and twelve gave the company a buy rating. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $91.00.

Insiders place their bets

In other news, EVP Peter L. Sefzik sold 7,287 shares in a trade on Thursday, August 11. The stock was sold at an average price of $83.78, for a total transaction of $610,504.86. Following the transaction, the executive vice president now owns 32,007 shares of the company, valued at approximately $2,681,546.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link. Insiders own 0.76% of the shares of the company.

Hedge funds weigh on Comerica

A number of hedge funds and other institutional investors have recently changed their positions in the company. First Republic Investment Management Inc. increased its position in Comerica shares by 20.4% during the second quarter. First Republic Investment Management Inc. now owns 21,094 shares of the financial services provider worth $1,548,000 after buying 3,574 additional shares last quarter. Natixis Advisors LP increased its position in Comerica by 11.4% during the second quarter. Natixis Advisors LP now owns 31,638 shares of the financial services provider valued at $2,322,000 after buying 3,236 additional shares last quarter. NewEdge Advisors LLC purchased a new stake in Comerica during the second quarter worth approximately $458,000. Wells Fargo & Company MN increased its position in Comerica by 16.0% during the second quarter. Wells Fargo & Company MN now owns 123,119 shares of the financial services provider valued at $9,033,000 after buying an additional 17,006 shares last quarter. Finally, LPL Financial LLC increased its position in Comerica by 33.0% during the second quarter. LPL Financial LLC now owns 50,423 shares of the financial services provider valued at $3,700,000 after purchasing an additional 12,524 shares last quarter. Institutional investors hold 82.56% of the company’s shares.

About Comerica

(Get a rating)

Comerica, Inc engages in the provision of financial services. It operates through the following segments: Commercial Banking, Retail Banking, Wealth Management, Finance and Others. The Commercial Banking segment serves the needs of small and medium enterprises, multinational corporations and government entities by offering various products and services, including commercial loans and lines of credit, deposits, cash management, market products capital, international trade finance, letters of credit, foreign exchange management services and loan syndication services.

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Dividend history for Comerica (NYSE:CMA)

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

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See the five actions here

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Owl Rock Capital Co. (NYSE:ORCC) plans dividend increase – $0.33 per share http://zeleniycoffee.com/owl-rock-capital-co-nyseorcc-plans-dividend-increase-0-33-per-share/ Fri, 04 Nov 2022 21:00:00 +0000 http://zeleniycoffee.com/owl-rock-capital-co-nyseorcc-plans-dividend-increase-0-33-per-share/

Owl Rock Capital Co. (NYSE: ORCCGet a rating) declared a quarterly dividend on Friday, November 4 the wall street journal reports. Investors of record on Friday, December 30 will receive a dividend of 0.33 per share from the technology company on Friday, January 13. This represents a dividend of $1.32 on an annualized basis and a dividend yield of 10.31%. The ex-dividend date is Thursday, December 29. This is a positive change from Owl Rock Capital’s previous quarterly dividend of $0.31.

Owl Rock Capital has a dividend payout ratio of 84.4%, indicating that its dividend is currently being covered by earnings, but may not be in the future if company earnings fall. Equity research analysts expect Owl Rock Capital to earn $1.48 per share next year, meaning the company should continue to be able to cover its $1.24 annual dividend. $ with an expected future payout ratio of 83.8%.

Owl Rock capital stock up 1.4%

Shares of ORCC traded at $0.18 during Friday trading hours, reaching $12.80. The stock had a trading volume of 127,614 shares, compared to an average volume of 2,360,978. Owl Rock Capital has a 12-month low of $10.18 and a 12-month high of $15.33. The company has a 50-day simple moving average of $11.75 and a 200-day simple moving average of $12.73. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt ratio of 1.24. The company has a market capitalization of $5.04 billion, a price-earnings ratio of 11.26 and a beta of 0.91.

Owl Capital (NYSE: ORCCGet a rating) last released its quarterly results on Wednesday, August 3. The technology company reported EPS of $0.32 for the quarter, beating consensus analyst estimates of $0.31 by $0.01. The company posted revenue of $273.29 million in the quarter, versus analyst estimates of $265.59 million. Owl Rock Capital had a return on equity of 8.82% and a net margin of 29.95%. Equity research analysts expect Owl Rock Capital to post 1.33 earnings per share for the current fiscal year.

Insider activity

Separately, Vice President Alexis Maged purchased 29,595 shares of the company in a transaction that took place on Friday, September 9. The shares were purchased at an average cost of $13.01 per share, for a total transaction of $385,030.95. Following the completion of the transaction, the vice president now directly owns 48,435 shares of the company, valued at approximately $630,139.35. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, accessible via the SEC website. Insiders hold 0.11% of the company’s shares.

Institutional investors weigh in on Owl Rock Capital

Hedge funds have recently increased or reduced their holdings in the stock. Captrust Financial Advisors bought a new position in shares of Owl Rock Capital during the second quarter at a value of $401,000. Legal & General Group Plc bought a new equity position in Owl Rock Capital during the second quarter worth $2,613,000. Walleye Capital LLC purchased a new stake in Owl Rock Capital during the second quarter at a value of $176,000. Goldman Sachs Group Inc. increased its position in Owl Rock Capital by 302.4% during the second quarter. Goldman Sachs Group Inc. now owns 289,386 shares of the technology company valued at $3,568,000 after acquiring 217,473 additional shares in the last quarter. Finally, First Republic Investment Management Inc. increased its position in Owl Rock Capital by 2.3% during the second quarter. First Republic Investment Management Inc. now owns 1,892,068 shares of the technology company valued at $23,329,000 after acquiring 43,185 additional shares in the last quarter. 43.85% of the shares are held by institutional investors.

Analyst upgrades and downgrades

The ORCC has been the subject of several reports by research analysts. Hovde Group lowered its target price on Owl Rock Capital to $12.50 in a Wednesday, October 5 research report. Wells Fargo & Company raised its price target on Owl Rock Capital from $10.00 to $11.50 and gave the company an “underweight” rating in a research report on Friday. Royal Bank of Canada lowered its price target on Owl Rock Capital from $16.00 to $15.00 and set an “outperform” rating for the company in a Tuesday, August 9 report. Compass Point cut its price target on Owl Rock Capital to $15.50 in a Tuesday, August 9 report. Finally, JMP Securities lowered its price target on Owl Rock Capital from $16.00 to $15.00 and set a “market outperformance” rating for the company in a Monday, August 8 report. One financial analyst gave the stock a sell rating and four gave the stock a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.25.

About Owl Rock Capital

(Get a rating)

Owl Rock Capital Corporation is a business development company. The fund invests in senior secured or unsecured loans, subordinated loans or mezzanine loans and also considers equity-linked securities including warrants and preferred shares, also pursues investments in preferred shares and investments in common stock.

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Dividend history for Owl Rock Capital (NYSE:ORCC)

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See the five actions here

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NiftyApes Raises $4.2M in Round Backed by Coinbase Ventures, Polygon, and OpenSea CTO Nadav Hollander – NFTgators http://zeleniycoffee.com/niftyapes-raises-4-2m-in-round-backed-by-coinbase-ventures-polygon-and-opensea-cto-nadav-hollander-nftgators/ Tue, 01 Nov 2022 18:34:56 +0000 http://zeleniycoffee.com/niftyapes-raises-4-2m-in-round-backed-by-coinbase-ventures-polygon-and-opensea-cto-nadav-hollander-nftgators/

Quick take:

  • The round was led by Variant and Fintech Collective.
  • NiftyApes aims to generate value for the borrower by putting lenders in competition to offer the best terms throughout the loan period.
  • Borrowers lock their NFT in NiftyApes to accept any loan offer they choose.

NiftyApes, a lending protocol that enables lending on any NFT or collection, today announced that it has raised $4.2 million in a funding round led by Variant and Fintech Collective.

Other investors include Robot Ventures, Polygon, Coinbase Ventures, The LAO, FlamingoDAO, Ryan Sean Adams, David Hoffman, Eric Conner, Anthony Sassano, Cyrus Younessi, DC Investor, James Young, James Duncan, Nadav Hollander, Brendan Forster and the Founders . of SuperRare and Rare.

The funds will be used to grow its seven-person team and continue to expand as the company actively hires.

NiftyApes offers an active loan auction for every theoretical asset or collection that exists. While traditional debt markets prioritize returns for capital holders while foregoing lender returns and borrower exposure to better terms, NiftyApe instead applies this method to lenders rather than debtors. borrowers by facilitating an ongoing auction for the right to interest earned on each loan.

When a loan offer is executed, the lenders do not own the loan but hold the rights to the interest payments and the security in case of default. They have interest and default rights as long as they offer the best conditions for the Borrower.

Ongoing auctions generate value for the borrower by ensuring that lenders compete to offer the best terms to the borrower over the life of the loan. Borrowers can refinance any loan offer they choose, as many times as they want.

For example, if the lender sets the terms of the loan below market, other lenders will refinance the loan at better terms. Set terms too high above the market and the lender could lose money by overvaluing the asset. As the value of the loan-to-value ratio (LTV) increases, lenders compete to offer better terms in order to be entitled to interest payments and exposure to the underlying collateral.

Lenders deposit capital to earn a return and make offers on any existing NFT asset or collection, and successful offers receive interest and default fees for the assets while borrowers lock their NFTs into NiftyApes for instant liquidity.

Another NFT-backed lending platform, MetaStreet, recently bred 10 million dollars to finance the development of its products. DeFi lending platform and peer-to-peer marketplace, Arcade, went live in April, allowing users to take out loans using NFTs as collateral.

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Short-term stake in Fidus Investment Co. (NASDAQ:FDUS) increases by 11.5% http://zeleniycoffee.com/short-term-stake-in-fidus-investment-co-nasdaqfdus-increases-by-11-5/ Sun, 30 Oct 2022 10:55:34 +0000 http://zeleniycoffee.com/short-term-stake-in-fidus-investment-co-nasdaqfdus-increases-by-11-5/

Fidus Investment Co. (NASDAQ: FDUSGet a rating) saw significant growth in short-term interest in October. As of October 15, there was short interest totaling 152,800 shares, a growth of 11.5% from the total of 137,100 shares as of September 30. Based on an average daily trading volume of 74,700 shares, the day-to-cover ratio is currently 2.0 days. Currently, 0.6% of the stock’s shares are sold short.

A Wall Street analyst gives his opinion

Several research analysts have weighed in on the stock. B. Riley kicked off Fidus Investment stock coverage in a research report on Friday, October 14. They set a “buy” rating and a target price of $18.00 on the stock. Keefe, Bruyette & Woods downgraded shares of Fidus Investment from an “outperforming” rating to a “market performance” rating and reduced their price target for the company from $22.00 to $19.50 in a report from Monday, July 11. To finish, StockNews.com launched a hedge on the shares of Fidus Investment in a report on Wednesday, October 12. They issued a “hold” rating on the stock. Three research analysts rated the stock with a hold rating and two gave the company’s stock a buy rating. Based on data from MarketBeat.com, Fidus Investment has a consensus rating of “Hold” and a consensus price target of $19.50.

Hedge funds weigh on Fidus’ investments

Major investors have recently been buying and selling stocks. CWM LLC bought a new position in Fidus Investment during the third quarter worth approximately $25,000. First Personal Financial Services acquired a new stake in the shares of Fidus Investment in the third quarter at a value of $26,000. Meeder Asset Management Inc. acquired a new stake in the shares of Fidus Investment in the first quarter at a value of $30,000. Chilton Capital Management LLC acquired a new stake in shares of Fidus Investment in the second quarter at a value of $31,000. Finally, JPMorgan Chase & Co. acquired a new equity stake in Fidus Investment in the second quarter worth $50,000.

Fidus investment stock up 1.2%

NASDAQ: FDUS opened at $18.74 on Friday. The company has a market capitalization of $458.01 million, a P/E ratio of 4.65 and a beta of 1.53. Fidus Investment has a fifty-two week low of $16.40 and a fifty-two week high of $21.15. The company’s 50-day moving average is $18.48 and its two-hundred-day moving average is $18.88.

Fidus Investment (NASDAQ: FDUSGet a rating) last released its quarterly results on Thursday, August 4. The asset manager reported earnings per share of $0.43 for the quarter, beating analysts’ consensus estimate of $0.41 by $0.02. The company posted revenue of $21.15 million for the quarter, versus a consensus estimate of $21.34 million. Fidus Investment posted a net margin of 117.69% and a return on equity of 8.93%. Research analysts expect Fidus Investment to post 1.73 earnings per share for the current fiscal year.

Fidus Investment announces a dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 16. Shareholders of record on Friday, December 2 will receive a dividend of $0.36 per share. This represents a dividend of $1.44 on an annualized basis and a yield of 7.68%. The ex-date of this dividend is Thursday, December 1. The dividend distribution rate of Fidus Investment is currently 35.73%.

Profile of the investment company Fidus

(Get a rating)

Fidus Investment Corporation is a business development firm specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, investments in the lower middle market, debt investments, subordinated and second lien loans, senior secured loans and unitranche debt, preferred shares, warrants, subordinated debt, senior subordinated notes, junior secured loans and loans unitranche.

See also

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before considering Fidus Investment, you will want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five actions that top analysts are quietly whispering to their clients to buy now before the market spreads… and Fidus Investment was not on the list.

Although Fidus Investment currently has a “moderate buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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This special HDFC FD expires soon with interest rates up to 7.50% http://zeleniycoffee.com/this-special-hdfc-fd-expires-soon-with-interest-rates-up-to-7-50/ Thu, 27 Oct 2022 09:16:15 +0000 http://zeleniycoffee.com/this-special-hdfc-fd-expires-soon-with-interest-rates-up-to-7-50/

HDFC Ltd, one of India’s leading housing finance companies, has introduced a special fixed deposit called “Sapphire Deposits” which is effective from October 14, 2022. The company has launched a one-of-a-kind fixed deposit with a duration of 45 months to commemorate its 45th anniversary. Interest rates will be applied on deposits up to 2 Cr under this time-limited program, which is available to both individuals and trusts. The program is valid until October 31, 2022 and investors can generate returns of up to 7.50%, which would be an anti-inflationary return for them.

HDFC sapphire deposit

In addition to monthly income plans, HDFC’s Sapphire Deposits also offer quarterly, semi-annual, annual and cumulative options. The interest rate for the monthly income plan is 7.25% and the minimum deposit allowed is 40,000. The interest rate for the quarterly option is 7.30% and the minimum deposit amount is 20,000. The interest rate for the semi-annual option is 7.35% and the minimum deposit amount is 20,000. The interest rate for the annual income plan is 7.50% and the minimum deposit amount is 20,000. Under the cumulative option, HDFC offers an interest rate of 7.50% and the minimum deposit amount required is 20,000.

On regular deposits, HDFC currently offers an interest rate ranging from 6.15% to 6.85% under the monthly income plan, from 6.20% to 6.90% under the option quarterly, 6.25% to 6.95% under the semi-annual option, 6.65% to 7.05% under the annual income plan and 6.35% to 7.05% under under the cumulative option for deposits maturing between 12 and 120 months. These interest rates are effective as of September 30, 2022.

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HDFC sapphire deposit (hdfc.com)

For 28 consecutive years, CRISIL and ICRA, two of the major credit rating agencies, have awarded HDFC’s deposit program AAA ratings. The 420 interconnected offices that HDFC has scattered across India serve its depositors, and 77 drop-off centers offer instant services. The company offers a variety of electronic payment options, including instant loans against deposits and the ability to pay interest. Being an industry leader for over 35 years, HDFC has earned the trust of over 6 lac depositors.

Resident Indian citizens have access to a variety of deposit options with maturities ranging from 12 to 120 months, attractive interest rates and multiple interest payment options at HDFC. All deposit options are offered with an additional 0.25% per annum to seniors aged 60 or over.

Catch all the trade news, market news, breaking news and latest updates on Live Mint. Download the Mint News app to get daily market updates.

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Admiral Group plc (LON:ADM) receives an average “hold” recommendation from brokerages http://zeleniycoffee.com/admiral-group-plc-lonadm-receives-an-average-hold-recommendation-from-brokerages/ Mon, 24 Oct 2022 08:13:40 +0000 http://zeleniycoffee.com/admiral-group-plc-lonadm-receives-an-average-hold-recommendation-from-brokerages/

Admiral Group plc (LON: ADMGet a rating) received a consensus recommendation of “Hold” from the six brokerages that currently cover the stock, market beat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The 1-year average price target among brokerages that have issued ratings on the stock in the past year is 2,321.17 GBX ($28.05).

ADM has been the subject of several analyst reports. Barclays reaffirmed an “overweight” rating and issued a price target of 2,583 GBX ($31.21) on Admiral Group shares in a research note on Monday August 8. Jefferies Financial Group downgraded Admiral Group shares to an “underperforming” rating and lowered its target price for the stock from 2,300 GBX ($27.79) to 1,525 GBX ($18.43) in a Monday, July 18 report. JPMorgan Chase & Co. raised its price target on Admiral Group shares from 1,750 GBX ($21.15) to 1,780 GBX ($21.51) and assigned the stock an “under-priced” rating. weighted” in a Thursday, August 11, report. Berenberg Bank reiterated a “buy” rating and issued a target price of GBX 2,819 ($34.06) on Admiral Group shares in a Thursday, September 29 report. Finally, Deutsche Bank Aktiengesellschaft raised its price target on Admiral Group shares from 2,560 GBX ($30.93) to 2,620 GBX ($31.66) and assigned the stock a rating of “ maintenance” in a report on Monday, September 12.

Insider activity at Admiral Group

Separately, insider Geraint Jones sold 20,943 shares of the company in a trade dated Monday, September 26. The shares were sold at an average price of 2,011 GBX ($24.30), for a total value of £421,163.73 ($508,897.69). In other news, insider Annette Court bought 1,181 shares of Admiral Group in a trade on Thursday, August 11. The shares were purchased at an average cost of 2,244 GBX ($27.11) per share, for a total transaction of £26,501.64 ($32,022.28). Additionally, insider Geraint Jones sold 20,943 shares of the company in a trade dated Monday, September 26. The shares were sold at an average price of 2,011 GBX ($24.30), for a total transaction of £421,163.73 ($508,897.69).

Admiral Group Stock up 0.1%

ADM share opened at 1,950 GBX ($23.56) on Monday. The company has a current ratio of 0.79, a quick ratio of 0.42 and a debt ratio of 86.13. Admiral Group has a 1-year minimum of 1,691.50 GBX ($20.44) and a 1-year maximum of 3,301 GBX ($39.89). The company has a fifty-day simple moving average of 2,101.05 GBX and a 200-day simple moving average of 2,174.47 GBX. The company has a market capitalization of £5.85 billion and a PE ratio of 1,500.00.

Admiral Group cuts its dividend

The company also recently announced a dividend, which was paid on Friday, September 30. Investors of record on Thursday, September 1 received a dividend of 105 GBX ($1.27). The ex-dividend date was Thursday, September 1. This represents a return of 5.34%. Admiral Group’s payout ratio is currently 100.08%.

About the Admiral Group

(Get a rating)

Admiral Group plc provides financial services in the UK, Spain, Italy, France, Canada, India and the USA. It offers insurance products, including auto, home, travel and pet insurance, as well as personal loan products through Admiral Loans. The Company operates through UK Insurance, International Insurance, Admiral Loans and Other segments.

Featured Articles

Analyst Recommendations for Admiral Group (LON:ADM)

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Admiral Group, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five actions that top analysts are quietly whispering to their clients to buy now before the market spreads…and Admiral Group was not on the list.

Although Admiral Group currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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