Wednesday, August 8, 2018

Deane Retirement Strategies Inc. Buys New Stake in iShares Barclays 1-3 Year Treasry Bnd Fd (SHY)

Deane Retirement Strategies Inc. bought a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd (BMV:SHY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,639 shares of the company’s stock, valued at approximately $470,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SHY. Centaurus Financial Inc. acquired a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd in the first quarter valued at approximately $132,000. Avondale Wealth Management acquired a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd in the second quarter valued at approximately $160,000. Financial Management Professionals Inc. acquired a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd in the first quarter valued at approximately $167,000. Archford Capital Strategies LLC acquired a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd in the first quarter valued at approximately $189,000. Finally, Founders Capital Management acquired a new position in shares of iShares Barclays 1-3 Year Treasry Bnd Fd in the second quarter valued at approximately $192,000.

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Shares of iShares Barclays 1-3 Year Treasry Bnd Fd traded up $0.04, reaching $83.10, during trading on Thursday, Marketbeat reports. The stock had a trading volume of 5 shares, compared to its average volume of 96,794. iShares Barclays 1-3 Year Treasry Bnd Fd has a fifty-two week low of $1,477.38 and a fifty-two week high of $1,667.15.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 7th. Stockholders of record on Thursday, August 2nd will be given a $0.1381 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Wednesday, August 1st. This is a positive change from iShares Barclays 1-3 Year Treasry Bnd Fd’s previous monthly dividend of $0.13.

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Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Barclays 1-3 Year Treasry Bnd Fd (BMV:SHY).

Institutional Ownership by Quarter for iShares Barclays 1-3 Year Treasry Bnd Fd (BMV:SHY)

Friday, August 3, 2018

Best Financial Stocks To Buy Right Now

tags:VA,BNCL,PEB,AIG,FLIC,HOME,

CES Energy Solutions (TSE:CEU) had its target price lowered by Canaccord Genuity from C$8.00 to C$7.25 in a report published on Tuesday.

Other analysts also recently issued research reports about the stock. National Bank Financial raised their price objective on shares of CES Energy Solutions from C$8.20 to C$8.50 and gave the stock an outperform rating in a research note on Tuesday, May 15th. Royal Bank of Canada decreased their price objective on shares of CES Energy Solutions from C$8.00 to C$7.00 and set an outperform rating for the company in a research note on Monday, May 14th. Scotiabank decreased their price objective on shares of CES Energy Solutions from C$10.50 to C$10.00 and set an outperform rating for the company in a research note on Friday, May 11th. AltaCorp Capital reissued an outperform rating on shares of CES Energy Solutions in a research note on Wednesday, April 18th. Finally, Raymond James decreased their price objective on shares of CES Energy Solutions from C$8.50 to C$7.50 and set a strong-buy rating for the company in a research note on Friday, May 18th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and an average price target of C$8.39.

Best Financial Stocks To Buy Right Now: First Capital Bancorp Inc.(VA)

Advisors' Opinion:
  • [By Logan Wallace]

    News headlines about Virgin America (NASDAQ:VA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Virgin America earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.3779505917989 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

  • [By Peter Graham]

    A long term performance chart shows JetBlue Airways Corporation giving a good performance that��s still not as good as that of large cap Southwest Airlines Co (NYSE: LUV) while the performance of�Alaska Air Group, Inc (NYSE: ALK), which has acquired Virgin America Inc (NASDAQ: VA), seems to have slipped recently:

Best Financial Stocks To Buy Right Now: Beneficial Mutual Bancorp Inc.(BNCL)

Advisors' Opinion:
  • [By Logan Wallace]

    Beneficial Bancorp (NASDAQ: BNCL) and Home Bancorp (NASDAQ:HBCP) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, analyst recommendations, risk, dividends and valuation.

  • [By Joseph Griffin]

    Media coverage about Beneficial Bancorp (NASDAQ:BNCL) has trended positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Beneficial Bancorp earned a news impact score of 0.38 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.8699493506664 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

  • [By Joseph Griffin]

    Beneficial Bancorp Inc (NASDAQ:BNCL) Director Thomas J. Lewis sold 973 shares of the company’s stock in a transaction dated Wednesday, May 30th. The stock was sold at an average price of $16.50, for a total value of $16,054.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of Beneficial Bancorp (NASDAQ:BNCL) from a sell rating to a hold rating in a report released on Tuesday morning.

    Shares of Beneficial Bancorp opened at $16.35 on Tuesday, MarketBeat.com reports. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1.23 billion, a P/E ratio of 31.44 and a beta of 0.55. Beneficial Bancorp has a fifty-two week low of $14.40 and a fifty-two week high of $17.50.

Best Financial Stocks To Buy Right Now: Pebblebrook Hotel Trust(PEB)

Advisors' Opinion:
  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Pebblebrook Hotel (PEB)

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

  • [By Joseph Griffin]

    These are some of the news stories that may have effected Accern’s analysis:

    Get Pebblebrook Hotel alerts: Pebblebrook Hotel (PEB) Expected to Post Quarterly Sales of $206.07 Million (americanbankingnews.com) Keep Company Secrets Safe With a Strong Publishing Process (cmswire.com) Analysts Anticipate Pebblebrook Hotel (PEB) to Post $0.73 Earnings Per Share (americanbankingnews.com) Pebblebrook Hotel Forecasted to Earn Q2 2018 Earnings of $0.72 Per Share (PEB) (americanbankingnews.com)

    A number of brokerages recently issued reports on PEB. Boenning Scattergood restated a “hold” rating on shares of Pebblebrook Hotel in a report on Monday, April 30th. Zacks Investment Research upgraded Pebblebrook Hotel from a “hold” rating to a “strong-buy” rating and set a $40.00 target price on the stock in a report on Wednesday, May 2nd. Robert W. Baird lifted their target price on Pebblebrook Hotel from $37.00 to $38.00 and gave the stock a “hold” rating in a report on Tuesday, May 1st. Finally, ValuEngine cut Pebblebrook Hotel from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Pebblebrook Hotel presently has an average rating of “Buy” and a consensus price target of $36.61.

  • [By Matthew DiLallo]

    Improving business travel demand during the first quarter drove Pebblebrook Hotel Trust (NYSE:PEB) to update its outlook earlier this month. Those travel trends turned out to be stronger than even its more optimistic expectations, helping the company to deliver results that were above the updated forecast. Because of that, the company is even more encouraged about what lies ahead in 2018.

  • [By Max Byerly]

    Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $36.19.

Best Financial Stocks To Buy Right Now: American International Group Inc.(AIG)

Advisors' Opinion:
  • [By Max Byerly]

    Get a free copy of the Zacks research report on American International Group (AIG)

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

  • [By Lisa Levin]

     

    Losers Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering. InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday. Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81. Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections. Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results. LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss. Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit. Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings. Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss. Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight. Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings. The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results. Arcadia Biosciences, Inc. (N
  • [By Logan Wallace]

    Sentry Investment Management LLC lessened its holdings in American International Group (NYSE:AIG) by 8.6% during the first quarter, HoldingsChannel reports. The firm owned 64,968 shares of the insurance provider’s stock after selling 6,147 shares during the quarter. Sentry Investment Management LLC’s holdings in American International Group were worth $3,536,000 at the end of the most recent reporting period.

Best Financial Stocks To Buy Right Now: The First of Long Island Corporation(FLIC)

Advisors' Opinion:
  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on First of Long Island (FLIC)

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

Best Financial Stocks To Buy Right Now: Home Federal Bancorp Inc.(HOME)

Advisors' Opinion:
  • [By Logan Wallace]

    TRADEMARK VIOLATION WARNING: “Positive News Coverage Somewhat Unlikely to Affect At Home (HOME) Stock Price” was published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3356638/positive-news-coverage-somewhat-unlikely-to-affect-at-home-home-stock-price.html.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on At Home Group (HOME)

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

  • [By Logan Wallace]

    At Home Group (NYSE:HOME) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.32-0.33 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.28. The company issued revenue guidance of $284-287 million, compared to the consensus revenue estimate of $283.98 million.At Home Group also updated its FY19 guidance to $1.25-1.30 EPS.

  • [By Joseph Griffin]

    At Home Group (NYSE:HOME) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $1.25-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.23. The company issued revenue guidance of $1.15-1.16 billion, compared to the consensus revenue estimate of $1.16 billion.At Home Group also updated its Q2 guidance to $0.32-0.33 EPS.

  • [By ]

    Real Money columnist Robert Lang says that while retail "has certainly had its challenges over the past couple of years, between difficulties in the mall and then the big gorilla in the room, Action Alerts PLUS holding Amazon (AMZN) ...there are a handful of names that continue to perform well, one of those is At Home Group (HOME) .

  • [By Jordan Wathen]

    Shares of At Home Group Inc (NYSE:HOME) are plunging, down by nearly 12% as of 3:20 p.m. EDT Wednesday as investors try to handicap the winners and losers in a developing U.S.-China trade war.

Thursday, August 2, 2018

Wix.com Earnings Highlight Strong Growth

Wix.com (NASDAQ:WIX), a leading cloud-based platform for building websites, reported its second-quarter results before market open�on Wednesday. Results highlighted Wix's strong momentum, as revenue came in above the company's guidance and management boosted its outlook for the full year.

The quarter was also notable in terms of profitability. Wix reported record free cash flow, and its non-GAAP net income per share increased from $0.00 in the year-ago quarter to $0.29.

The quarter's overall performance was driven by strength across various products and higher user conversion and retention, management said.

Here's what investors should know about the quarter:

A Wix website with online booking features

A Wix website. Image source: Wix.com.

Wix's second-quarter results: The raw numbers

Metric

Q2 2018

Q2 2017

Year-Over-Year Growth

Revenue

$146.1 million

$103.5 million

41%

Free cash flow

$23.9 million

$17.4 million

37%

Non-GAAP EPS

$0.29

$0.00

N/A

Data source: Wix.com second-quarter earnings release. Table by author.

What happened with Wix.com this quarter? Wix's $146.1 million in revenue was slightly above management's guidance for revenue between $144 million and $145 million. Collections, or the total cash Wix collects from customers in a given period, increased 37% year over year in Q2. Wix's free cash flow rose sharply despite higher capital expenditures; capex during the quarter was $3.4 million, up from $2.2 million in the year-ago quarter. Wix added 5.8 million registered users during the quarter, bringing total users to 131 million, up 20% year over year. Premium subscriptions increased 28% year over year to 3.7 million. What management had to say

Co-founder and CEO Avishai Abrahami was pleased with the quarter, noting the results were strong and "demonstrate our continued ability to provide users of all kinds who come to Wix with a complete product platform so they can create their dreams online."

Management drew attention to the growing use of Wix Code, where "users across sectors and skill levels are building a wide variety of websites and applications with the product." The Wix Code Forum has garnered more than 35,000 posts and comments, and over 1 million views.

Beyond its second-quarter financial results, Wix.com commented on the company's successful private offering, in which it raised $443 million.

"We also successfully raised $443 million in convertible notes with a 0% coupon," CFO Lior Shemesh said. "This capital raise bolsters our balance sheet and provides us with additional financial flexibility."

Looking forward

For the full year, Wix expects revenue between $597 million and $599 million, up from a previous forecast between $594 million and $597 million. Wix's updated guidance represents year-over-year revenue growth of 40% to 41%. In addition, management expects full-year collections to increase 36% year over year and free cash flow to climb 43% to 46% year over year.

To fully capitalize on the momentum Wix is seeing across its products, management said it plans to "increase penetration of our existing markets and make progress in realizing the benefits of a larger market opportunity" during the second half of the year.

Wednesday, August 1, 2018

Sensient Technologies (SXT) Updates FY18 Earnings Guidance

Sensient Technologies (NYSE:SXT) updated its FY18 earnings guidance on Friday. The company provided earnings per share guidance of $3.60-3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.72.

Shares of Sensient Technologies opened at $72.42 on Friday, according to Marketbeat.com. The company has a market cap of $3.07 billion, a P/E ratio of 20.46 and a beta of 0.92. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.45 and a current ratio of 3.75. Sensient Technologies has a twelve month low of $65.56 and a twelve month high of $84.98.

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Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, July 20th. The specialty chemicals company reported $0.92 earnings per share for the quarter, meeting the consensus estimate of $0.92. The firm had revenue of $363.00 million for the quarter. Sensient Technologies had a net margin of 8.32% and a return on equity of 17.67%. Sensient Technologies’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.69 EPS. analysts predict that Sensient Technologies will post 3.7 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Friday, August 3rd will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.82%. Sensient Technologies’s payout ratio is presently 38.60%.

SXT has been the topic of several recent research reports. Zacks Investment Research raised shares of Sensient Technologies from a sell rating to a hold rating in a research report on Saturday, May 26th. ValuEngine lowered shares of Sensient Technologies from a hold rating to a sell rating in a research report on Wednesday, May 2nd. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $87.58.

In other Sensient Technologies news, Director Gebhardt Deborah Mckeithan acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, April 30th. The shares were purchased at an average price of $68.19 per share, with a total value of $68,190.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.94% of the stock is currently owned by company insiders.

About Sensient Technologies

Sensient Technologies Corporation develops, manufactures, and supplies colors, flavors, and fragrances in the United States and internationally. It operates through three segments: Flavors & Fragrances Group, Color Group, and Asia Pacific Group. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, natural extracts, and aroma chemicals; fragrance products; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, personal care, and household-products industries.

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Earnings History and Estimates for Sensient Technologies (NYSE:SXT)