Top 5 Financial Stocks To Own Right Now

Nomura Asset Management Co. Ltd. raised its holdings in shares of SCANA Co. (NYSE:SCG) by 7.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,034 shares of the utilities provider’s stock after purchasing an additional 1,606 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in SCANA were worth $827,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SCG. Migdal Insurance & Financial Holdings Ltd. bought a new position in SCANA during the first quarter valued at $137,000. Taylor Hoffman Wealth Management bought a new position in SCANA during the fourth quarter valued at $167,000. First Allied Advisory Services Inc. bought a new position in SCANA during the fourth quarter valued at $201,000. Cetera Advisor Networks LLC bought a new stake in shares of SCANA in the 1st quarter worth about $202,000. Finally, Redwood Investment Management LLC bought a new stake in shares of SCANA in the 1st quarter worth about $216,000. Institutional investors and hedge funds own 67.79% of the company’s stock.

Top 5 Financial Stocks To Own Right Now: Credit Suisse Group(CS)

Advisors’ Opinion:

  • [By Logan Wallace]

    News stories about Credit Suisse Group (NYSE:CS) have been trending positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Credit Suisse Group earned a daily sentiment score of 0.45 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.3414119516367 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

  • [By Lisa Levin] Gainers
    Vicor Corporation (NASDAQ: VICR) rose 19.7 percent to $35 in pre-market trading. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million.
    Check-Cap Ltd. (NASDAQ: CHEK) shares rose 13.5 percent to $16.88 in pre-market trading after climbing 104.82 percent on Tuesday.
    Cree, Inc. (NASDAQ: CREE) shares rose 11.3 percent to $43.81 in pre-market trading as the company reported upbeat results for its third quarter on Tuesday.
    The Clorox Company (NYSE: CLX) rose 9.6 percent to $125.98 in pre-market trading.
    Aduro BioTech, Inc. (NASDAQ: ADRO) rose 5.8 percent to $7.25 in pre-market trading after falling 1.44 percent on Tuesday.
    STMicroelectronics N.V. (NYSE: STM) rose 5.2 percent to $22.42 in pre-market trading after reporting Q1 results.
    Twitter, Inc. (NYSE: TWTR) rose 5.2 percent to $32.05 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Wednesday.
    Credit Suisse Group AG (NYSE: CS) rose 5 percent to $17.11 in pre-market trading following strong Q1 results.
    Harmony Gold Mining Company Limited (NYSE: HMY) shares rose 4.4 percent to $2.02 in pre-market trading.
    22nd Century Group, Inc. (NYSE: XXII) rose 4.9 percent to $2.15 in pre-market trading after dropping 8.07 percent on Tuesday.
    Texas Instruments Incorporated (NASDAQ: TXN) rose 4.1 percent to $102.40 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Tuesday.
    iRobot Corporation (NASDAQ: IRBT) rose 3.3 percent to $61 in pre-market trading following upbeat quarterly earnings.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Joseph Griffin]

    AXA (EPA:CS) has been assigned a €27.00 ($31.40) target price by investment analysts at Deutsche Bank in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 18.42% from the company’s current price.

Top 5 Financial Stocks To Own Right Now: Valley National Bancorp(VLY)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Valley National Bancorp (NYSE:VLY) – Investment analysts at Piper Jaffray Companies cut their Q3 2019 earnings per share (EPS) estimates for Valley National Bancorp in a research note issued on Monday, February 4th. Piper Jaffray Companies analyst M. Breese now expects that the financial services provider will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.25. Piper Jaffray Companies also issued estimates for Valley National Bancorp’s Q4 2019 earnings at $0.24 EPS, FY2019 earnings at $0.95 EPS, Q1 2020 earnings at $0.25 EPS, Q2 2020 earnings at $0.26 EPS, Q3 2020 earnings at $0.26 EPS, Q4 2020 earnings at $0.26 EPS and FY2020 earnings at $1.04 EPS.

  • [By Stephan Byrd]

    Valley National Bank (NYSE:VLY) announced a quarterly dividend on Tuesday, May 22nd, RTT News reports. Stockholders of record on Friday, June 15th will be paid a dividend of 0.11 per share by the financial services provider on Tuesday, July 3rd. This represents a $0.44 annualized dividend and a dividend yield of 3.39%.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Valley National Bancorp (VLY)

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

  • [By Shane Hupp]

    Valley National Bancorp (NYSE:VLY) has been assigned a consensus rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.96.

  • [By Joseph Griffin]

    Camden National (NASDAQ:CAC) and Valley National Bancorp (NYSE:VLY) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

Top 5 Financial Stocks To Own Right Now: Saratoga Investment Corp(SAR)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Saratoga Investment (SAR)

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

  • [By Shane Hupp]

    Media stories about Saratoga Investment (NYSE:SAR) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Saratoga Investment earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.7589775169552 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Saratoga Investment (SAR)

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

  • [By Stephan Byrd]

    Saratoga Investment Corp (NYSE:SAR) – Equities research analysts at B. Riley dropped their Q3 2019 EPS estimates for shares of Saratoga Investment in a report issued on Thursday, August 23rd. B. Riley analyst T. Hayes now forecasts that the financial services provider will post earnings of $0.54 per share for the quarter, down from their prior forecast of $0.55. B. Riley also issued estimates for Saratoga Investment’s Q2 2020 earnings at $0.58 EPS.

Top 5 Financial Stocks To Own Right Now: KKR(KKR)

Advisors’ Opinion:

  • [By Tim Melvin]

    I’m talking about private equity behemoth KKR & Co. LP (NYSE: KKR) buying Envision Healthcare Corp. (NYSE: EVHC) for $5.7 billion in cash, with the total deal value adding up to $9.9 billion including debt. This marks one of the largest leveraged buyouts of 2018.

  • [By Tim Melvin]

    Henry McVey, a macroeconomist over at KKR & Co. LP (NYSE: KKR) who’s been pretty accurate over the past few years, thinks we’ll see six more rate hikes in 2018 and 2019. Guggenheim Partners predicts a whopping seven rate hikes, which would put the federal funds rate at 3.50% by the end of 2019.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on KKR & Co. L.P. (KKR)

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

  • [By WWW.GURUFOCUS.COM]

    For the details of Jeff Ubben’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Jeff+Ubben

    These are the top 5 holdings of Jeff UbbenTwenty-First Century Fox Inc (FOX) – 53,326,334 shares, 18.41% of the total portfolio. Alliance Data Systems Corp (ADS) – 5,877,400 shares, 15.07% of the total portfolio. CBRE Group Inc (CBG) – 24,916,923 shares, 10.92% of the total portfolio. Shares reduced by 13.72%KKR & Co LP (KKR) – 47,750,000 shares, 10.18% of the total portfolio. Shares added by 4.82%Morgan Stanley (MS) – 17,959,620 shares,

Top 5 Financial Stocks To Own Right Now: PennyMac Mortgage Investment Trust(PMT)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) shares reached a new 52-week high and low on Monday . The company traded as low as $18.60 and last traded at $18.62, with a volume of 19306 shares changing hands. The stock had previously closed at $18.50.

  • [By Stephan Byrd]

    Pennymac Mortgage Investment (NYSE:PMT) – Equities researchers at Wedbush lifted their Q1 2019 earnings per share estimates for shares of Pennymac Mortgage Investment in a research note issued to investors on Thursday, May 10th. Wedbush analyst J. Weaver now anticipates that the real estate investment trust will post earnings per share of $0.36 for the quarter, up from their previous estimate of $0.34. Wedbush also issued estimates for Pennymac Mortgage Investment’s Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.52 EPS and FY2019 earnings at $1.74 EPS.

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