Top 10 Bank Stocks To Watch For 2019

Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 11.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,335 shares of the company’s stock after buying an additional 1,575 shares during the quarter. Vanguard Large-Cap ETF comprises about 1.2% of Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings, making the stock its 21st largest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in Vanguard Large-Cap ETF were worth $1,916,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bronfman E.L. Rothschild L.P. purchased a new stake in Vanguard Large-Cap ETF in the 1st quarter valued at approximately $149,000. McKinley Carter Wealth Services Inc. purchased a new stake in Vanguard Large-Cap ETF in the 1st quarter valued at approximately $185,000. Thrivent Financial For Lutherans boosted its holdings in Vanguard Large-Cap ETF by 301.9% in the 4th quarter. Thrivent Financial For Lutherans now owns 1,708 shares of the company’s stock valued at $209,000 after purchasing an additional 1,283 shares in the last quarter. First Financial Bank Trust Division purchased a new stake in Vanguard Large-Cap ETF in the 2nd quarter valued at approximately $209,000. Finally, Essex Financial Services Inc. purchased a new stake in Vanguard Large-Cap ETF in the 1st quarter valued at approximately $224,000.

Top 10 Bank Stocks To Watch For 2019: Canadian Imperial Bank of Commerce(CM)

Advisors’ Opinion:

  • [By Motley Fool Staff]

    Canadian Imperial Bank of Commerce (NYSE:CM)Q2 2018 Earnings Conference CallMay 23, 2018, 8:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Stephan Byrd]

    Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) declared a quarterly dividend on Wednesday, May 23rd, Zacks reports. Stockholders of record on Thursday, June 28th will be paid a dividend of 1.036 per share by the bank on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a dividend yield of 4.63%. The ex-dividend date is Wednesday, June 27th.

  • [By Joseph Griffin]

    Canadian Imperial Bank of Commerce (NYSE: CM) and Foreign Trade Bank of Latin America (NYSE:BLX) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, institutional ownership, risk and valuation.

  • [By Lisa Levin] Companies Reporting Before The Bell
    Target Corporation (NYSE: TGT) is estimated to report quarterly earnings at $1.38 per share on revenue of $16.50 billion.
    Ralph Lauren Corporation (NYSE: RL) is expected to report quarterly earnings at $0.83 per share on revenue of $1.48 billion.
    Lowe's Companies, Inc. (NYSE: LOW) is projected to report quarterly earnings at $1.25 per share on revenue of $17.63 billion.
    Tiffany & Co. (NYSE: TIF) is estimated to report quarterly earnings at $0.83 per share on revenue of $957.49 million.
    Canadian Imperial Bank of Commerce (NYSE: CM) is expected to report quarterly earnings at $2.23 per share on revenue of $3.40 billion.
    Citi Trends, Inc. (NASDAQ: CTRN) is projected to report quarterly earnings at $0.9 per share on revenue of $210.70 million.
    Qiwi plc (NASDAQ: QIWI) is expected to report quarterly earnings at $0.25 per share on revenue of $60.19 million.
    iClick Interactive Asia Group Limited (NASDAQ: ICLK) is projected to report quarterly loss at $0.06 per share on revenue of $34.87 million.

     

  • [By Logan Wallace]

    Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at Desjardins reduced their Q2 2018 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Wednesday, May 2nd. Desjardins analyst D. Young now forecasts that the company will post earnings of $2.85 per share for the quarter, down from their prior estimate of $2.86.

  • [By Max Byerly]

    Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 54.3% in the first quarter, HoldingsChannel reports. The firm owned 911,300 shares of the bank’s stock after buying an additional 320,800 shares during the quarter. Canadian Imperial Bank of Commerce comprises approximately 1.0% of Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s investment portfolio, making the stock its 19th largest position. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Canadian Imperial Bank of Commerce were worth $103,633,000 as of its most recent filing with the Securities and Exchange Commission.

Top 10 Bank Stocks To Watch For 2019: Ampco-Pittsburgh Corporation(AP)

Advisors’ Opinion:

  • [By ]

    New York (AP) — Jay-Z has spent a long afternoon at the New York offices of the Securities and Exchange Commission.

    The rapper and entrepreneur was scheduled to spend much of the day Tuesday answering questions from SEC investigators as part of their probe of the Iconix Brand Group.

  • [By ]

    This photo provided by Tesla shows a 2017 Tesla Model 3, a vehicle that has a semiautonomous driving system called Autopilot. Tesla can update the Autopilot software over the air, not necessitating a trip to a service center. Tesla offers Autopilot on its Model S, Model X and Model 3 vehicles. (Photo: AP)

  • [By ]

    Anchorage, Alaska (AP) — A magnitude 8.2 earthquake off Alaska's Kodiak Island prompted a tsunami warning for a large swath of coastal Alaska and Canada's British Columbia while the remainder of the U.S. West Coast was under a watch.

  • [By ]

    This undated photo provided by Ford shows the 2018 Ford Transit Connect, an example of a small cargo van. The Transit Connect's cargo van variant comes in two trims, the basic XL and the XLT, as well as an extended-wheelbase model that has additional space for cargo. And the Transit Connect has a notable advantage: It offers technology features such as Ford's Sync 3 infotainment system, blind-spot monitoring and adaptive fog lights. (Photo: AP)

  • [By ]

    London (AP) — The British government said Sunday it is scrapping a promise to reconsider the ban on fox hunting, a centuries-old rural tradition contentiously outlawed more than a decade ago.

  • [By ]

    Honolulu (AP) — Scientists in Hawaii have captured rare images of blue flames burning from cracks in the pavement as Kilauea volcano gushes fountains of lava in the background, offering a look at a new dimension in the volcano's weeks-long eruption.

Top 10 Bank Stocks To Watch For 2019: HSBC Holdings PLC (HSBA)

Advisors’ Opinion:

  • [By Joseph Griffin]

    HSBC (LON:HSBA) had its target price lowered by equities research analysts at Shore Capital from GBX 721 ($9.60) to GBX 625 ($8.32) in a report issued on Tuesday. The brokerage presently has a “sell” rating on the financial services provider’s stock. Shore Capital’s price objective indicates a potential downside of 14.71% from the company’s previous close.

  • [By Ethan Ryder]

    HSBC (LON:HSBA) had its price target dropped by equities research analysts at Citigroup from GBX 810 ($10.78) to GBX 800 ($10.65) in a report released on Tuesday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Citigroup’s price target points to a potential upside of 9.59% from the stock’s previous close.

Top 10 Bank Stocks To Watch For 2019: First Commonwealth Financial Corporation(FCF)

Advisors’ Opinion:

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First Commonwealth Financial (FCF)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Barclays PLC increased its holdings in First Commonwealth Financial (NYSE:FCF) by 24.3% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the bank’s stock after buying an additional 6,593 shares during the period. Barclays PLC’s holdings in First Commonwealth Financial were worth $476,000 as of its most recent SEC filing.

Top 10 Bank Stocks To Watch For 2019: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By Matthew Frankel]

    It’s been an eventful week in the financial markets. Wells Fargo’s (NYSE:WFC) scandals are in the headlines (again), the two largest investment banks reported excellent earnings, and there’s another data breach consumers should know about.

  • [By ]

    Gold. The rise in gold looks solid. I’m currently long the SPDR Gold Shares ETF (GLD) . Lackluster Banks. We’re seeing disappointing action in the financials. However, I continue to buy them. I’m long Bank of America (BAC) , Citigroup (C) , JPMorgan Chase (JPM) and Wells Fargo (WFC) , although I’m shorting Goldman Sachs (GS) .

    Lastly, with S&P 500 closing at 2,706, the downside risk relative to the upside reward seems to argue in favor of maintaining a net-short exposure.

  • [By ]

    After Wells Fargo’s (NYSE: WFC) fake-accounts scandal was revealed in 2016, Buffett said that the bank remained a compelling long-term investment and that he had no plans to sell any of Berkshire’s massive stake. At last year’s meeting, Buffett reiterated that while the bank made a big mistake by incentivizing cross-selling, it still was a great company.

Leave a Reply

Your email address will not be published. Required fields are marked *