Capital – Greguti http://greguti.com/ Mon, 21 Nov 2022 13:08:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://greguti.com/wp-content/uploads/2021/05/cropped-icon-32x32.png Capital – Greguti http://greguti.com/ 32 32 Virgin Money UK PLC (LON:VMUK) declares a dividend of 7.50 GBX https://greguti.com/virgin-money-uk-plc-lonvmuk-declares-a-dividend-of-7-50-gbx/ Mon, 21 Nov 2022 13:08:19 +0000 https://greguti.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 https://greguti.com/signature-bank-nasdaqsbny-receives-consensus-moderate-buy-recommendation-from-brokerages/ Sat, 19 Nov 2022 06:10:15 +0000 https://greguti.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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FundMore and VeriFast Partner to Upgrade Digital Verification for Lenders https://greguti.com/fundmore-and-verifast-partner-to-upgrade-digital-verification-for-lenders/ Tue, 15 Nov 2022 07:30:27 +0000 https://greguti.com/fundmore-and-verifast-partner-to-upgrade-digital-verification-for-lenders/

By Edlyn Cardoza

Today

  • AML
  • APIs
  • Biometric identity verification

FundMore, a mortgage underwriting software, has partnered with the end-to-end solution digital verification analytics platform VeriFast.

“From day one, I was impressed with VeriFast’s deep expertise and technology. FundMore now provides instant digital verification to streamline the mortgage process for our customers,” says Chris GrimesCEO of FundMore. “The risk of mortgage application fraud is a growing industry concern that needs to be addressed. Through this partnership, we continue to provide lenders of all stripes with the digital tools, automation and security they need to keep up with changing consumer demands and regulatory requirements.

Mortgage fraud has increased nearly 30% since the first quarter of 2020, and 92% of all mortgage fraud involves the falsification of financial data, such as income. Yet many lenders lack a simple, easy, and secure way to verify applicants’ finances. This makes them vulnerable to unknowingly approving loans that applicants might not be able to provide.

This partnership introduces a new layer of security for lenders using the FundMore platform to originate mortgages. With the new VeriFast feature, lenders can instantly verify applicants’ digital identity, financial data, and ability to service loans without leaving the FundMore platform. This allows them to effortlessly identify fraud at the initial application stage and reduce human error and poor quality loans.

VeriFast also recently implemented OCR for bank statements and uploading pay stubs as a cascade to ensure all applicants can verify their financial statements. While digital audits leveraging direct source data are the future, OCR of pdf statements is a necessary bridge to serve all consumers across the technology adoption spectrum. As such, VeriFast enables businesses to seamlessly integrate bank data, payroll information, tax transcript data, and biometric identity verification with existing process flows using an API. single-source configurable.

At the same time, FundMore’s comprehensive automated loan origination (LOS) system uses machine learning to streamline funding, reduce risk, improve efficiency through analytics, and dramatically improve loan success and speed. subscription process.

“VeriFast is seeing rapid adoption of the solution by mortgage lenders who want to digitize and streamline their pre-approval and underwriting processes. Our partnership with FundMore will help automate financial and KYC-ID verifications. Together, we are taking digital verification and lender security to a new level,” said Tim Rayco-founder of VeriFast.

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

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Analyst recommendations for UniCredit (OTCMKTS: UNCRY)

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Chicago Atlantic Real Estate Finance (NASDAQ:REFI) Updates Fiscal 2022 Earnings Forecast https://greguti.com/chicago-atlantic-real-estate-finance-nasdaqrefi-updates-fiscal-2022-earnings-forecast/ Wed, 09 Nov 2022 17:23:46 +0000 https://greguti.com/chicago-atlantic-real-estate-finance-nasdaqrefi-updates-fiscal-2022-earnings-forecast/

Chicago Atlantic Real Estate Financing (NASDAQ: REFIGet a rating) updated its fiscal 2022 earnings guidance on Wednesday. share of $1.82. The company released a revenue forecast of -.

Wall Street analysts predict growth

Separately, EF Hutton Acquisition Co. I cut its price target on Chicago Atlantic Real Estate Finance shares from $21.00 to $20.00 and placed a buy rating on the stock in a report from the Wednesday August 10. Five equity research analysts rated the stock with a buy rating. According to data from MarketBeat.com, the stock currently has a consensus buy rating and an average price target of $21.80.

Chicago Atlantic Real Estate Finance Stock up 3.9%

NASDAQ: REFI traded at $0.55 during Wednesday trading hours, hitting $14.70. The stock had a trading volume of 175 shares, compared to an average volume of 31,557 shares. Chicago Atlantic Real Estate Finance has a 1-year low of $13.87 and a 1-year high of $20.29. The company has a 50-day simple moving average of $14.74 and a two-hundred-day simple moving average of $15.44.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 14. Investors of record on Friday, September 30 received a dividend of $0.47. The ex-dividend date was Thursday, September 29. This represents an annualized dividend of $1.88 and a yield of 12.79%.

Institutional investors weigh in on Chicago Atlantic Real Estate Finance

Several large investors have recently changed their stake in the company. Royal Bank of Canada acquired a new equity stake in Chicago Atlantic Real Estate Finance during Q1 for $28,000. California State Teachers Retirement System purchased a new stake in Chicago Atlantic Real Estate Finance during Q1 for approximately $45,000. JPMorgan Chase & Co. bought a new stock position in Chicago Atlantic Real Estate Finance in Q1 for about $50,000. American International Group Inc. acquired a new position in Chicago Atlantic Real Estate Finance in the first quarter, valued at approximately $53,000. Finally, Bank of America Corp DE bought a new stake in shares of Chicago Atlantic Real Estate Finance during the first quarter at a value of $54,000. 13.65% of the shares are currently held by institutional investors.

About Chicago Atlantic Real Estate Finance

(Get a rating)

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. It originates, structures and invests in first mortgage loans and alternative structured finance secured by commercial real estate. The company offers preferred loans to state-licensed operators and landowners in the cannabis industry.

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Earnings history and estimates for Chicago Atlantic Real Estate Finance (NASDAQ:REFI)

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TriCo Bancshares (NASDAQ:TCBK) price target raised to $60.00 https://greguti.com/trico-bancshares-nasdaqtcbk-price-target-raised-to-60-00/ Sat, 05 Nov 2022 21:19:53 +0000 https://greguti.com/trico-bancshares-nasdaqtcbk-price-target-raised-to-60-00/

TriCo Banc shares (NASDAQ:TCBKGet a rating) had its price target raised by Stephens Research analysts to $60.00 in a research report released Friday to clients and investors, Target Stock Advisor reports. Stephens’ price target indicates a potential upside of 3.73% from the stock’s previous close.

TCBK has been the subject of a number of other research reports. DA Davidson raised his target price on shares of TriCo Bancshares to $62.00 in a Thursday, October 27 research note. Raymond James raised his price target on TriCo Bancshares shares from $51.00 to $56.00 and gave the company an “outperform” rating in a Thursday, Oct. 27 research note. StockNews.com began covering TriCo Bancshares shares in a research note on Wednesday, October 12. They issued a “hold” rating on the stock. Finally, Piper Sandler raised her target price on shares of TriCo Bancshares to $67.00 in a research note on Tuesday. One research analyst gave the stock a hold rating and four gave the stock a buy rating. According to MarketBeat.com, TriCo Bancshares currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.80.

Performance of TriCo Banc shares

Shares of TCBK traded at $1.66 during Friday trading hours, hitting $57.84. 56,482 shares of the company were traded, against an average volume of 97,614. The stock’s fifty-day moving average is $48.88 and its 200-day moving average is $46.12. The stock has a market capitalization of $1.93 billion, a P/E ratio of 15.80 and a beta of 0.60. The company has a debt ratio of 0.13, a quick ratio of 0.75 and a current ratio of 0.75. TriCo Bancshares has a 1-year low of $37.41 and a 1-year high of $58.62.

Institutional trading of TriCo Banc shares

Several hedge funds have recently changed their stock holdings. FMR LLC increased its stake in the shares of TriCo Bancshares by 9.2% during the second quarter. FMR LLC now owns 2,936,961 shares of the financial services provider valued at $134,042,000 after purchasing an additional 247,826 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of TriCo Bancshares by 3.9% during the first quarter. Vanguard Group Inc. now owns 1,418,186 shares of the financial services provider valued at $56,770,000 after buying an additional 52,760 shares in the last quarter. Dimensional Fund Advisors LP increased its equity stake in TriCo Bancshares by 2.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,269,618 shares of the financial services provider valued at $50,824,000 after buying an additional 35,630 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of TriCo Bancshares by 0.3% during the second quarter. Franklin Resources Inc. now owns 1,239,235 shares of the financial services provider valued at $56,559,000 after buying an additional 4,144 shares in the last quarter. Finally, Davis Capital Partners LLC increased its equity stake in TriCo Bancshares by 42.5% during the second quarter. Davis Capital Partners LLC now owns 1,000,800 shares of the financial services provider valued at $45,676,000 after purchasing an additional 298,700 shares in the last quarter. 61.13% of the shares are held by institutional investors.

About TriCo Bancshares

(Get a rating)

TriCo Bancshares operates as a bank holding company for Tri Counties Bank which provides retail and corporate commercial banking services. The company accepts demand, savings and term deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; commercial loans, including agricultural loans; and housing construction loans.

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SLM (NASDAQ:SLM) Updates Fiscal 2022 Earnings Guidance https://greguti.com/slm-nasdaqslm-updates-fiscal-2022-earnings-guidance/ Wed, 02 Nov 2022 11:18:40 +0000 https://greguti.com/slm-nasdaqslm-updates-fiscal-2022-earnings-guidance/

SLM (NASDAQ: SLMGet a rating) released an update to its fiscal 2022 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.50 to $2.60 for the period, compared to the consensus estimate of $2.64. The company released a revenue forecast of -.

SLM stock up 1.3%

SLM Action opened at $16.81 on Wednesday. SLM has a 12-month low of $13.72 and a 12-month high of $20.88. The company has a 50-day moving average price of $15.22 and a 200-day moving average price of $16.22. The company has a market capitalization of $4.21 billion, a P/E ratio of 5.48 and a beta of 1.16. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt ratio of 3.19.

SLM (NASDAQ: SLMGet a rating) last reported results on Wednesday, October 26. The credit services provider reported earnings per share of $0.29 for the quarter, missing analyst consensus estimates of $0.47 per ($0.18). The company posted revenue of $369.51 million for the quarter, versus a consensus estimate of $347.69 million. SLM had a net margin of 35.01% and a return on equity of 47.71%. In the same period a year earlier, the company had earned earnings per share of $0.24. As a group, stock analysts predict that SLM will post EPS of 2.52 for the current year.

SLM dividend announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15. Investors of record on Friday, December 2 will receive a dividend of $0.11. This represents an annualized dividend of $0.44 and a yield of 2.62%. The ex-dividend date is Thursday, December 1. SLM’s dividend payout ratio (DPR) is currently 14.33%.

Analyst upgrades and downgrades

SLM has been the subject of several analyst reports. Keefe, Bruyette & Woods cut their price target on SLM shares from $24.00 to $21.00 in a Monday, July 11 report. Stephens raised his target price on SLM shares from $16.00 to $18.00 and gave the stock an equal weight rating in a Friday, October 28 research note. Barclays lowered its price target on SLM shares from $27.00 to $22.00 and set an overweight rating on the stock in a Monday July 11 research note. Jefferies Financial Group lowered its target price on SLM shares from $24.00 to $20.00 in a Tuesday, October 18 research note. Finally, Credit Suisse Group lowered its price target on SLM shares to $22.00 in a Thursday, October 13 research note. One financial analyst has assigned the stock a sell rating, three have assigned a hold rating and three have assigned the stock a buy rating. According to data from MarketBeat, SLM has a consensus rating of Hold and an average target price of $19.11.

Institutional SLM Trading

Several institutional investors and hedge funds have recently changed their positions in the stock. Parkside Financial Bank & Trust increased its holdings in SLM shares by 22.4% in Q1. Parkside Financial Bank & Trust now owns 6,711 shares of the credit service provider valued at $123,000 after buying an additional 1,226 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in SLM by 1,958.3% in Q1. Brown Brothers Harriman & Co. now owns 7,204 shares of the credit service provider worth $132,000 after acquiring 6,854 additional shares in the last quarter. Captrust Financial Advisors increased its stake in SLM by 24.1% in Q1. Captrust Financial Advisors now owns 7,715 shares of the credit service provider worth $142,000 after acquiring 1,498 additional shares in the last quarter. HighTower Advisors LLC bought a new stake in SLM in Q1 worth $262,000. Finally, Engineers Gate Manager LP purchased a new stake in SLM in Q1 worth $385,000. Hedge funds and other institutional investors own 98.89% of the company’s shares.

About SLM

(Get a rating)

SLM Corporation, through its subsidiaries, originates and administers private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts and high yield savings accounts; and omnibus accounts, as well as credit card loans.

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Earnings history and estimates for SLM (NASDAQ:SLM)

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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 stocks that top analysts are quietly whispering to their clients to buy now before the market spreads…and SLM was not on the list.

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

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

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

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

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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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