Top 5 Financial Stocks To Own Right Now

FineMark National Bank & Trust lessened its holdings in Altria Group Inc (NYSE:MO) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,074 shares of the company’s stock after selling 1,540 shares during the quarter. FineMark National Bank & Trust’s holdings in Altria Group were worth $2,673,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Massachusetts Financial Services Co. MA grew its holdings in Altria Group by 60.9% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 14,636,235 shares of the company’s stock worth $912,131,000 after acquiring an additional 5,542,534 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Altria Group by 17.7% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 11,564,981 shares of the company’s stock worth $720,730,000 after acquiring an additional 1,736,849 shares during the last quarter. Boston Partners grew its holdings in Altria Group by 282.0% in the 1st quarter. Boston Partners now owns 2,226,211 shares of the company’s stock worth $138,737,000 after acquiring an additional 1,643,445 shares during the last quarter. Independent Franchise Partners LLP grew its holdings in Altria Group by 48.3% in the 1st quarter. Independent Franchise Partners LLP now owns 4,604,285 shares of the company’s stock worth $286,939,000 after acquiring an additional 1,500,181 shares during the last quarter. Finally, Coho Partners Ltd. bought a new stake in Altria Group in the 1st quarter worth $80,168,000. Institutional investors own 62.92% of the company’s stock.

Top 5 Financial Stocks To Own Right Now: Deutsche Bank AG(DB)

Advisors’ Opinion:

  • [By Lisa Levin] Gainers
    Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday.
    Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast.
    Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading.
    Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
    Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading.
    Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday.
    Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading.
    Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday.
    New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results.
    Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid.
    Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading.
    Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday.
    SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year.
    Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday.
    Deutsche Bank Aktiengesellschaft (NYSE: D
  • [By Wayne Duggan]

    The Wall Street Journal reported Thursday that the U.S. Federal Reserve assigned a secret “troubled condition” designation to Deutsche Bank AG (USA) (NYSE: DB) roughly a year ago.

  • [By David Zeiler]

    The latest evidence to show the power of contrarian positions comes from a new research report by Deutsche Bank AG (NYSE: DB).

    The study looked at how the rebalancing of exchange-traded funds (ETFs) affected the returns of the component stocks being bought and sold.

  • [By Steve Symington]

    Still, several individual companies easily outran the broader market. Read on to learn why shares of ManTech International (NASDAQ:MANT), Civeo (NYSE:CVEO), and Deutsche Bank (NYSE:DB) each climbed higher today.

Top 5 Financial Stocks To Own Right Now: Petroleum Resources Corporation(PEO)

Advisors’ Opinion:

  • [By Shane Hupp]

    Press coverage about Adams Natural Resources Fund (NYSE:PEO) has trended somewhat negative recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Adams Natural Resources Fund earned a coverage optimism score of -0.09 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 48.0521373671292 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Top 5 Financial Stocks To Own Right Now: 1st Source Corporation(SRCE)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on 1st Source (SRCE)

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

  • [By Ethan Ryder]

    1st Source (NASDAQ:SRCE) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Thursday.

  • [By Max Byerly]

    1st Source (NASDAQ:SRCE)’s share price hit a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $56.13 and last traded at $55.94, with a volume of 100 shares changing hands. The stock had previously closed at $55.94.

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on 1st Source (SRCE)

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

Top 5 Financial Stocks To Own Right Now: W.R. Berkley Corporation(WRB)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

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

  • [By Logan Wallace]

    Standard Life Aberdeen plc increased its stake in shares of W. R. Berkley Corp (NYSE:WRB) by 56.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,374 shares of the insurance provider’s stock after purchasing an additional 5,555 shares during the period. Standard Life Aberdeen plc’s holdings in W. R. Berkley were worth $1,113,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Ethan Ryder]

    ValuEngine cut shares of W. R. Berkley (NYSE:WRB) from a buy rating to a hold rating in a report released on Monday morning.

    WRB has been the topic of a number of other research reports. Bank of America cut shares of W. R. Berkley from a neutral rating to an underperform rating and set a $74.00 target price on the stock. in a report on Thursday, June 14th. They noted that the move was a valuation call. Zacks Investment Research cut shares of W. R. Berkley from a buy rating to a hold rating in a report on Tuesday, February 20th. Boenning Scattergood restated a hold rating on shares of W. R. Berkley in a report on Wednesday, April 25th. Finally, Goldman Sachs Group started coverage on shares of W. R. Berkley in a report on Monday. They set a sell rating and a $74.00 target price on the stock. They noted that the move was a valuation call. Four analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. W. R. Berkley currently has a consensus rating of Hold and a consensus price target of $70.78.

  • [By Max Byerly]

    Shares of W. R. Berkley Corp (NYSE:WRB) saw strong trading volume on Tuesday . 1,794,500 shares changed hands during trading, an increase of 388% from the previous session’s volume of 367,847 shares.The stock last traded at $79.32 and had previously closed at $78.15.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on W. R. Berkley (WRB)

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

Top 5 Financial Stocks To Own Right Now: QCR Holdings Inc.(QCRH)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on QCR (QCRH)

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

  • [By Max Byerly]

    QCR (NASDAQ: QCRH) and Bancorpsouth Bank (NYSE:BXS) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.

  • [By Ethan Ryder]

    Shares of QCR Holdings, Inc. (NASDAQ:QCRH) have been assigned a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $53.60.

  • [By Shane Hupp]

    BidaskClub lowered shares of QCR (NASDAQ:QCRH) from a hold rating to a sell rating in a research note published on Wednesday.

    Separately, ValuEngine raised shares of QCR from a hold rating to a buy rating in a research report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. QCR has an average rating of Buy and an average price target of $53.60.

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