Capital – Bike Pix http://bike-pix.com/ Mon, 10 Jan 2022 23:39:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://bike-pix.com/wp-content/uploads/2021/05/biike-pix-icon-150x150.png Capital – Bike Pix http://bike-pix.com/ 32 32 founder of the national tax preparation company sentenced to prison for fraud and tax crimes | Takeover bid https://bike-pix.com/founder-of-the-national-tax-preparation-company-sentenced-to-prison-for-fraud-and-tax-crimes-takeover-bid/ Mon, 10 Jan 2022 22:10:33 +0000 https://bike-pix.com/founder-of-the-national-tax-preparation-company-sentenced-to-prison-for-fraud-and-tax-crimes-takeover-bid/

An Ohio man was sentenced today to one year and one day in jail for conspiring with others to commit fraud in connection with the operation of a national tax preparation company income that he owned and managed, as well as for tax crimes.

According to court documents and evidence presented at trial, Fessum Ogbazion, of Cincinnati, collected millions of dollars in fees while fraudulently tricking clients into visiting ITS Financial LLC, the national franchisor of Instant Tax Service (ITS), a tax preparation company he started in 2004. ITS advertisements offered tax refund anticipation loans through an independent third-party lender, despite the fact that ITS did not had no such lender to finance the promised loans. Ogbazion used the bogus advertising campaigns to trick clients into visiting ITS sites for a loan, then used the loan applications to prepare and file tax returns, often without the client’s permission. Between 2006 and 2011, ITS collected more than $ 70 million in fees.

Ogbazion also failed to pay about $ 1.3 million in payroll taxes owed by ITS and another company during four tax quarters in 2009 and 2010. Ogbazion escaped attempts by the IRS to collect its unpaid payroll taxes by directing company income to nominee accounts, placing assets on behalf of nominee entities and making false statements to an IRS revenue officer who attempted to collect tax debt from STIs.

Ogbazion was convicted by a federal jury on June 6, 2017, of tax evasion, willful failure to withhold and pay employment taxes, wire fraud, conspiracy to commit wire fraud and bank fraud. After the trial, the court dismissed five counts of wire fraud, but left the conviction for conspiracy to commit wire fraud and other convictions untouched.

In addition to the jail term, US District Judge Timothy S. Black ordered Ogbazion to serve three years of supervised release and pay approximately $ 933,708 in restitution to the United States.

Acting Assistant Deputy Attorney General Stuart M. Goldberg of the Justice Department’s Taxation Division made the announcement.

The IRS-Criminal Investigation investigated the case.

Senior litigation attorney Corey Smith and District Attorney Mark McDonald of the Department of Justice Tax Division and Paralegal Laura Strubbe of the United States Attorney’s Office for the Southern District of Ohio continued the case.

]]>
Navient Co. (NASDAQ: NAVI) sees sharp increase in short interest https://bike-pix.com/navient-co-nasdaq-navi-sees-sharp-increase-in-short-interest/ Sat, 08 Jan 2022 22:00:37 +0000 https://bike-pix.com/navient-co-nasdaq-navi-sees-sharp-increase-in-short-interest/

Navient Co. (NASDAQ: NAVI) was the target of significant growth in overdraft interest during the month of December. As of December 15, there was short interest totaling 6,560,000 shares, an increase of 21.5% from the total of 5,400,000 shares as of November 30. Based on an average daily volume of 1,990,000 shares, the day-to-coverage ratio is currently 3.3 days. Currently 4.2% of stocks are sold short.

Several research firms recently commented on NAVI. Wedbush reissued an outperformance rating on Navient stocks in a research note on Tuesday, November 2nd. Seaport Res Ptn reissued a “neutral” note on Navient shares in a research note on Thursday, September 30. Stephens downgraded Navient’s stock from an “overweight” rating to an “equal weight” rating and set a price target of $ 22.00 for the stock. in a research note Monday. They noted that the move was an appraisal call. Seaport Global Securities launched a hedge on Navient shares in a research note on Thursday, September 30. They set a “neutral” rating on the stock. Finally, Zacks investment research raised Navient’s stock from a “sell” rating to a “keep” rating and set a price target of $ 21.00 on the stock in a research note on Monday, November 1. Eight research analysts rated the stock with a conservation rating and three gave the company’s stock a buy rating. According to MarketBeat.com, Navient currently has a consensus rating of “Hold” and an average target price of $ 20.83.

A number of hedge funds and other institutional investors have recently changed their holdings in NAVI. FMR LLC strengthened its position in Navient by 23.6% during the second quarter. FMR LLC now owns 9,782,093 shares of the credit service provider valued at $ 189,088,000 after purchasing an additional 1,864,585 shares during the last quarter. Allianz Asset Management GmbH strengthened its position in Navient by 536.9% during the third quarter. Allianz Asset Management GmbH now owns 1,683,262 shares of the credit service provider valued at $ 33,210,000 after purchasing an additional 1,418,986 shares in the last quarter. Morgan Stanley strengthened its position in Navient by 224.3% in the second quarter. Morgan Stanley now owns 1,119,626 shares of the credit services provider valued at $ 21,642,000 after purchasing an additional 774,347 shares in the last quarter. Amundi acquired a new position in Navient during the second quarter for a value of approximately $ 13,531,000. Finally, Citigroup Inc. increased its position in Navient shares by 399.0% in the third quarter. Citigroup Inc. now owns 491,180 shares of the credit service provider valued at $ 9,691,000 after purchasing an additional 392,744 shares in the last quarter. 91.76% of the shares are held by hedge funds and other institutional investors.

(A d)

Whether you are looking to learn the basics of futures or are a seasoned veterinarian looking to hone your trading skills, our technical analysis guide has everything you need to be successful in today’s futures markets. hui!

Actions of NAVI action traded at $ 0.40 on Friday, hitting $ 22.25. 52,462 shares were traded, for an average volume of 2,117,992. The company has a current ratio of 27.93, a rapid ratio of 27.93 and a debt ratio of 27.66. The company has a market cap of $ 3.59 billion, a P / E ratio of 4.39 and a beta of 1.71. The company has a 50-day moving average of $ 20.62 and a 200-day moving average of $ 20.78. Navient has a fifty-two week minimum of $ 10.70 and a week maximum of $ 52.80.

Navient (NASDAQ: NAVI) last released its quarterly earnings data on Tuesday, October 26. The credit services provider reported earnings of $ 0.89 per share for the quarter, beating the consensus estimate of $ 0.82 by $ 0.07. The company posted revenue of $ 299.00 million in the quarter, compared to analysts’ expectations of $ 269.99 million. Navient recorded a return on equity of 29.54% and a net margin of 25.74%. Navient’s revenue for the quarter was down 6.9% compared to the same quarter last year. During the same period of the previous year, the company achieved earnings per share of $ 0.99. As a group, research analysts predict Navient will post 4.49 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 17. Investors of record on Friday, December 3 received a dividend of $ 0.16 per share. The ex-dividend date of this dividend was Thursday, December 2. This represents an annualized dividend of $ 0.64 and a return of 2.88%. Navient’s dividend payout ratio (DPR) is currently 12.60%.

About Navient

Navient Corp. is committed to providing asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates in the following segments: Federal Education Loans, Consumer Loans, Business Processing and Others. The Federal Education Loans segment holds FFELP loans and provides asset management and recovery services on the FFELP loan portfolio.

Further reading: market indices

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Navient now?

Before you consider Navient, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the top five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Navient was not on the list.

Although Navient currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
Zacks Investment Research Cuts Oaktree’s Specialized Loans (NASDAQ: OCSL) To Hold https://bike-pix.com/zacks-investment-research-cuts-oaktrees-specialized-loans-nasdaq-ocsl-to-hold/ Fri, 07 Jan 2022 07:32:02 +0000 https://bike-pix.com/zacks-investment-research-cuts-oaktrees-specialized-loans-nasdaq-ocsl-to-hold/

Oaktree Specialty Loans (NASDAQ: OCSL) has been downgraded from Zacks investment research from a “buy” note to a “keep” note in a report published on Friday, Zacks.com reports.

According to Zacks, “Oaktree Specialty Lending Corporation is a specialty finance company. It provides one-stop personalized credit solutions to companies with limited access to public or syndicated capital markets. The company generates current income and capital appreciation by providing businesses with innovative financing solutions, including first and second lien loans, unsecured and mezzanine loans and preferred shares. Oaktree Specialty Lending Corporation, formerly known as Fifth Street Finance Corp., is based in California, United States. “

Separately, JMP Securities raised its price target on Oaktree Specialty Lending from $ 8.00 to $ 8.50 and rated the stock as “outperforming the market” in a report released on Wednesday, November 17th. One research analyst rated the stock with a conservation rating and three gave the stock a buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $ 7.88.

Actions of Oaktree Specialty Lending Stock opened for $ 7.54 on Friday. Oaktree Specialty Lending has a one-year low of $ 5.47 and a one-year high of $ 7.62. The company has a 50-day moving average of $ 7.43 and a two-hundred-day moving average of $ 7.19. The company has a market cap of $ 1.36 billion, a P / E ratio of 4.96, a price / earnings-growth ratio of 0.93 and a beta of 1.40. The company has a debt to equity ratio of 0.49, a current ratio of 0.09, and a rapid ratio of 0.09.

(A d)

As of December 13, 2021, Bitcoin was over $ 40,000. In fact, some experts believe that Bitcoin could replace gold in the future.
But most people aren’t even aware of these 5 stocks in the crypto space …

Oaktree Specialty Lending (NASDAQ: OCSL) last reported quarterly results on Tuesday, November 16. The credit services provider reported earnings per share (EPS) of $ 0.16 for the quarter, beating the consensus estimate of $ 0.15 by $ 0.01. The company posted revenue of $ 63.80 million in the quarter, compared to a consensus estimate of $ 52.41 million. Oaktree Specialty Lending reported a return on equity of 8.51% and a net margin of 113.31%. During the same period of the previous year, the company made a profit of $ 0.17 per share. On average, equity analysts expect Oaktree Specialty Lending to post 0.67 EPS for the current fiscal year.

Meanwhile, main shareholder Leonard M. Tannenbaum sold 200,000 shares of Oaktree Specialty Lending in a transaction that took place on Thursday, December 23. The stock was sold at an average price of $ 7.51, for a total trade of $ 1,502,000.00. The transaction was disclosed in a legal file with the Securities & Exchange Commission, accessible via this hyperlink. Also, majority shareholder Leonard M. Tannenbaum sold 48,173 shares of Oaktree Specialty Lending in a trade on Wednesday, November 10. The shares were sold for an average price of $ 7.50, for a total value of $ 361,297.50. Disclosure of this sale can be found here. In the past ninety days, insiders have sold 804,703 shares of the company valued at $ 6,051,111. Insiders own 0.19% of the shares of the company.

Several institutional investors and hedge funds have recently changed their holdings to OCSL. Oaktree Capital Management LP increased its stake in Oaktree Specialty Lending shares by 1,526.9% in the 3rd quarter. Oaktree Capital Management LP now owns 4,490,368 shares of the credit services provider valued at $ 31,701,000 after purchasing an additional 4,214,368 shares in the last quarter. Millennium Management LLC increased its position in Oaktree Specialty Lending by 149.5% during the 3rd quarter. Millennium Management LLC now owns 2,260,466 shares of the credit service provider valued at $ 15,959,000 after acquiring 1,354,562 additional shares in the last quarter. Relative Value Partners Group LLC purchased a new stake in Oaktree Specialty Lending during the second quarter for a value of $ 7,098,000. Ares Management LLC increased its position in Oaktree Specialty Lending by 12.1% during the 3rd quarter. Ares Management LLC now owns 5,096,419 shares of the credit service provider valued at $ 35,981,000 after acquiring an additional 549,497 shares during the last quarter. Finally, Rezny Wealth Management Inc. increased its position in Oaktree Specialty Lending shares by 486.9% in the 3rd quarter. Rezny Wealth Management Inc. now owns 588,242 shares of the credit service provider valued at $ 4,152,000 after purchasing an additional 488,008 shares in the last quarter. Institutional investors hold 68.71% of the shares of the company.

Oaktree Specialty Loan Company Profile

Oaktree Specialty Lending Corp. operates as an alternative asset manager that provides financing solutions to growing private, small and medium-sized businesses. While fostering growth is our primary mission, a singular goal guides all of our partnering activities for success.

Feature Article: Understanding the Price / Earnings (PE) Ratio

Get a Free Copy of Zacks’ Oaktree Specialty Lending (OCSL) Research Report

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Oaktree Specialty Loans now?

Before you consider Oaktree Specialty Lending, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts are quietly asking their clients to buy now before the broader market takes hold of… and Oaktree Specialty Lending was not on the list.

Although Oaktree Specialty Lending currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bids.

See the 5 actions here

Source link

]]>
Elevate Credit (NYSE: ELVT) raised to “hold” at Zacks Investment Research https://bike-pix.com/elevate-credit-nyse-elvt-raised-to-hold-at-zacks-investment-research/ Wed, 05 Jan 2022 07:28:05 +0000 https://bike-pix.com/elevate-credit-nyse-elvt-raised-to-hold-at-zacks-investment-research/

Increase Credit (NYSE: ELVT) has been improved by Zacks investment research from a “sale” note to a “keep” note in a research report published on Wednesday, Zacks.com reports.

According to Zacks, “Elevate Credit, Inc. provides online credit solutions to unprivileged consumers. The company offers installment loans and lines of credit online. Its products include credit building, financial wellness programs, credit reports, free credit monitoring, and online financial services. literacy videos and tools. Elevate Credit, Inc. is based in Forth Worth, United States. “

Separately, TheStreet reduced shares of Elevate Credit from a “c-” rating to a “d” rating in a research report released on Thursday, November 4.

NYSE ELVT opened at $ 3.07 on Wednesday. Elevate Credit has a one-year minimum of $ 2.54 and a one-year maximum of $ 4.90. The company has a fifty-day simple moving average of $ 3.26. The company has a market cap of $ 99.99 million, a price-to-earnings ratio of -17.05 and a beta of 2.33.

Elevate Credit (NYSE: ELVT) last released quarterly results on Tuesday, November 2. The company reported ($ 0.28) earnings per share for the quarter, missing Zacks’ consensus estimate of ($ 0.24) by ($ 0.04). Elevate Credit recorded a positive return on equity of 5.82% and a negative net margin of 1.45%. The company posted revenue of $ 112.84 million for the quarter, compared to analysts’ estimates of $ 93.96 million. During the same period last year, the company made a profit of $ 0.42 per share. As a group, analysts expect Elevate Credit to post -0.45 EPS for the current year.

(A d)

As of December 13, 2021, Bitcoin was over $ 40,000. In fact, some experts believe that Bitcoin could replace gold in the future.
But most people aren’t even aware of these 5 stocks in the crypto space …

Several hedge funds and other institutional investors recently changed their holdings to ELVT. Stokes Family Office LLC purchased a new position in Elevate Credit in the third quarter valued at approximately $ 48,000. Royal Bank of Canada acquired a new equity interest in Elevate Credit during the 3rd quarter valued at approximately $ 48,000. Two Sigma Securities LLC acquired a new stake in Elevate Credit in the third quarter valued at approximately $ 49,000. Ritholtz Wealth Management purchased a new stake in Elevate Credit in the third quarter valued at $ 62,000. Finally, Marshall Wace LLP purchased a new stake in the shares of Elevate Credit during the second quarter for a value of approximately $ 131,000. Institutional investors and hedge funds hold 37.07% of the company’s shares.

About Elevate Credit

Elevate Credit, Inc. is committed to providing online financial services to consumers of subprime credit. It offers online credit solutions to consumers in the US and UK who are not well served by traditional banking products and are looking for options other than payday loans, title loans, pledges and installment loans in the window.

Read more: Exercise price

Get a Free Copy of Zacks’ Research Report on Elevate Credit (ELVT)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Elevate credit now?

Before you consider Elevate Credit, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Elevate Credit was not on the list.

While Elevate Credit currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
American Equity Investment Life Holding (NYSE: AEL) Given the consensus recommendation to “Buy” by brokerage firms https://bike-pix.com/american-equity-investment-life-holding-nyse-ael-given-the-consensus-recommendation-to-buy-by-brokerage-firms/ Mon, 03 Jan 2022 07:25:04 +0000 https://bike-pix.com/american-equity-investment-life-holding-nyse-ael-given-the-consensus-recommendation-to-buy-by-brokerage-firms/

Shares of American Equity Investment Life Holding (NYSE: AEL) have received a consensus recommendation to “Buy” from the eleven analysts who currently cover the company, reports MarketBeat.com. Three equity research analysts rated the stock with a hold recommendation, six gave a buy recommendation and one gave a strong buy recommendation on the company. The 12-month average price target among analysts who hedged the stock in the past year is $ 39.33.

The AEL has been the subject of several recent research reports. Truist raised its price target for American Equity Investment Life shares from $ 39.00 to $ 44.00 and gave the company a “buy” rating in a research report on Thursday, November 11. Zacks investment research raised American Equity Investment Life shares from a “hold” rating to a “strong buy” rating and set a price target of $ 43.00 on the stock in a research report released on Tuesday, November 16 . Raymond James raised his price target for American Equity Investment Life shares from $ 37.00 to $ 40.00 and gave the company an “outperformance” rating in a research report on Thursday, November 18. Truist Securities raised its price target for American Equity Investment Life shares from $ 39.00 to $ 44.00 and gave the company a “buy” rating in a research report on Thursday, November 11. Finally, the Royal Bank of Canada raised its target price on American Equity Investment Life shares from $ 38.00 to $ 41.00 and gave the company an “outperformance” rating in a research note on Thursday. November 11th.

Separately, CEO Anant Bhalla sold 10,214 shares of the company in a transaction that took place on Tuesday, November 30. The shares were sold at an average price of $ 29.64, for a total trade of $ 302,742.96. The transaction has been disclosed in a legal file with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.90% of the company’s shares.

(A d)

This is a “CRIS” purchase alert warning… Seven billionaires including Elon Musk, Mark Cuban, Peter Thiel, Mike Novogratz and Marc Andreessen…

Alongside big banks like JPMorgan, UBS and Goldman Sachs…

Are all racing in a smaller cryptocurrency… (Not Bitcoin.)

Hedge funds and other institutional investors recently bought and sold shares in the company. Public Employees Retirement System of Ohio increased its position in American Equity Investment Life shares by 1.8% in the second quarter. The Ohio Public Employee Retirement System now owns 18,064 shares of the financial services provider valued at $ 584,000 after purchasing an additional 322 shares during the period. Fieldpoint Private Securities LLC increased its position in American Equity Investment Life shares by 92.1% in the second quarter. Fieldpoint Private Securities LLC now owns 855 shares of the financial services provider valued at $ 29,000 after purchasing an additional 410 shares during the period. Profund Advisors LLC increased its position in American Equity Investment Life shares by 4.2% in the second quarter. Profund Advisors LLC now owns 11,694 shares of the financial services provider valued at $ 378,000 after purchasing an additional 473 shares during the period. CWM Advisors LLC increased its position in American Equity Investment Life shares by 3.1% in the second quarter. CWM Advisors LLC now owns 16,104 shares of the financial services provider valued at $ 520,000 after purchasing an additional 488 shares during the period. Finally, the Alaska State Department of Revenue increased its position in American Equity Investment Life shares by 1.1% in the third quarter. The Alaska State Department of Revenue now owns 60,060 shares of the financial services provider valued at $ 1,775,000 after purchasing an additional 628 shares during the period. Hedge funds and other institutional investors hold 90.64% of the company’s shares.

NYSE AEL opened at $ 38.92 on Monday. American Equity Investment Life has a 12 month low of $ 26.21 and a 12 month high of $ 39.88. The company has a debt to equity ratio of 0.09, a current ratio of 0.34, and a rapid ratio of 0.34. The company has a market cap of $ 3.60 billion, a price-to-earnings ratio of 10.84 and a beta of 1.19. The company’s fifty-day moving average price is $ 35.94 and its two hundred-day moving average price is $ 33.02.

American Equity Investment Life (NYSE: AEL) last released its quarterly results on Monday, November 8. The financial services provider reported earnings per share (EPS) of $ 1.46 for the quarter, beating Zacks’ consensus estimate of $ 0.76 by $ 0.70. American Equity Investment Life had a net margin of 10.79% and a return on equity of 5.87%. The company posted revenue of $ 542.56 million for the quarter, compared to a consensus estimate of $ 578.71 million. During the same period last year, the company posted $ 0.99 in EPS. The company’s revenue for the quarter was down 32.1% year-on-year. As a group, analysts predict that American Equity Investment Life will post 3.87 EPS for the current year.

The company also recently declared an annual dividend, which was paid on Monday, December 13. Investors of record on Monday, November 29, received a dividend of $ 0.34 per share. This is a boost from American Equity Investment Life’s previous annual dividend of $ 0.18. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend was Friday, November 26. American Equity Investment Life’s dividend payout ratio (DPR) is currently 9.47%.

American Equity Investment Life Company Profile

American Equity Investment Life Holding Co is engaged in the development and sale of fixed index and fixed rate annuity products. It focuses on the following portfolios: commercial mortgages, agricultural mortgages and residential mortgages. The company was founded by David J. Noble on December 15, 1995 and is headquartered in West Des Moines, IA.

Feature Article: Equity Income

Analyst Recommendations for American Equity Investment Life (NYSE: AEL)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should You Invest $ 1,000 In American Equity Investment Life Now?

Before you consider American Equity Investment Life, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and American Equity Investment Life was not on the list.

Although American Equity Investment Life currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
Investors Bancorp, Inc. (NASDAQ: ISBC) Receives Consensus “Buy” Recommendation From Brokerages https://bike-pix.com/investors-bancorp-inc-nasdaq-isbc-receives-consensus-buy-recommendation-from-brokerages/ Sat, 01 Jan 2022 14:50:56 +0000 https://bike-pix.com/investors-bancorp-inc-nasdaq-isbc-receives-consensus-buy-recommendation-from-brokerages/

Shares of Investors Bancorp, Inc. (NASDAQ: ISBC) received an average “Buy” rating from the six analysts who currently cover the company, reports MarketBeat.com. Three investment analysts rated the stock with a conservation rating and three issued a buy rating for the company. The 12-month average price target among analysts who hedged the stock in the past year is $ 16.50.

Several research analysts weighed in on the title. Wells Fargo & Company raised its price target for Investors Bancorp shares from $ 14.65 to $ 16.00 and gave the stock an “equal weight” rating in a report released on Thursday, October 7. Zacks investment research downgraded Investors Bancorp shares from a “buy” rating to a “custody” rating in a report released on Wednesday.

Actions of NASDAQ: VSI open for $ 15.15 on Fridays. The company has a 50-day moving average of $ 15.31 and a 200-day moving average of $ 14.66. The company has a current ratio of 1.10, a rapid ratio of 1.10 and a debt ratio of 1.24. Investors Bancorp has a 12 month low of $ 10.39 and a 12 month high of $ 16.35. The stock has a market cap of $ 3.75 billion, a PE ratio of 12.12 and a beta of 1.07.

Investors Bancorp (NASDAQ: ISBC) last released its results on Tuesday, October 26. The savings and loan company reported earnings per share (EPS) of $ 0.28 for the quarter, missing the Thomson Reuters consensus estimate of $ 0.31 ($ 0.03). The company posted revenue of $ 210.55 million for the quarter, compared to a consensus estimate of $ 211.83 million. Investors Bancorp posted a return on equity of 11.23% and a net margin of 28.94%. The company’s turnover increased by 4.5% compared to the same quarter last year. During the same period of the previous year, the company achieved earnings per share of $ 0.27. On average, research analysts expect Investors Bancorp to post EPS of 1.27 for the current fiscal year.

(A d)

Access our leading research platform which includes MarketBeat Daily Premium, portfolio monitoring tools, stock filters, research tools, real-time news feed, email and SMS alerts , the MarketBeat idea engine, exclusive brokerage rankings, extensive data export tools and more. Save 50% on your 2022 subscription. Only $ 1.00 for the first 30 days.

The company also recently announced a quarterly dividend, which was paid on Friday, November 26. Shareholders of record on Wednesday, November 10 received a dividend of $ 0.14 per share. The ex-dividend date was Tuesday, November 9. This represents a dividend of $ 0.56 on an annualized basis and a return of 3.70%. Investors Bancorp’s dividend payout ratio is currently 44.80%.

Meanwhile, CFO P. Sean Burke sold 100,946 shares of the company in a transaction that took place on Wednesday, November 24. The shares were sold for an average price of $ 16.21, for a total value of $ 1,636,334.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.22% of the shares are currently held by insiders of the company.

Several hedge funds and other institutional investors have recently changed their holdings of equities. Assenagon Asset Management SA increased its stake in Investors Bancorp by 743.6% in the third quarter. Assenagon Asset Management SA now owns 350,626 shares of the savings and loan company valued at $ 5,298,000 after acquiring an additional 309,064 shares during the last quarter. Invesco Ltd. increased its holdings in Investors Bancorp by 7.7% in the second quarter. Invesco Ltd. now owns 847,752 shares of the savings and loan company valued at $ 12,089,000 after acquiring an additional 60,889 shares during the last quarter. RMB Capital Management LLC increased its stake in Investors Bancorp by 3.5% in the third quarter. RMB Capital Management LLC now owns 755,025 shares of the savings and loan company valued at $ 11,408,000 after acquiring an additional 25,743 shares in the last quarter. Virginia Retirement Systems ET AL increased its holdings in Investors Bancorp by 38.3% in the second quarter. Virginia Retirement Systems ET AL now owns 173,000 shares of the savings and loan company valued at $ 2,467,000 after acquiring an additional 47,900 shares in the last quarter. Finally, Sphinx Trading LP purchased a new stake in Investors Bancorp in the third quarter valued at $ 302,000. 74.05% of the shares are currently held by institutional investors.

Investors Bancorp Company Profile

Investors Bancorp, Inc. operates as a banking holding company, which provides banking services. It offers banking solutions to individuals, small businesses and businesses. Its services include financial education, loans, investments and planning, treasury management and industry. The company was founded in 1926 and is headquartered in Short Hills, New Jersey.

Recommended Story: How Do Investors Use RSI to Rate Stocks?

Analyst recommendations for Bancorp investors (NASDAQ: ISBC)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Investors Bancorp now?

Before you consider Investors Bancorp, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly asking their clients to buy now before the broader market takes hold of … and Investors Bancorp was not on the list.

While Investors Bancorp currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bids.

See the 5 actions here

Source link

]]>
Ameris Bancorp (NASDAQ: ABCB) PT raised to $ 57.00 https://bike-pix.com/ameris-bancorp-nasdaq-abcb-pt-raised-to-57-00/ Thu, 30 Dec 2021 23:16:26 +0000 https://bike-pix.com/ameris-bancorp-nasdaq-abcb-pt-raised-to-57-00/

Ameris Bancorp (NASDAQ: ABCB) saw its price target raised by Stephens research analysts from $ 56.00 to $ 57.00 in a note issued to investors on Thursday, Benzinga reports. The company currently has a “peer-to-peer” rating on the bank’s shares. Stephens’ price target points to a potential rise of 14.67% from the current share price.

A number of other analysts have also recently commented on ABCB. Zacks investment research reduced Ameris Bancorp from a “keep” note to a “sell” note in a research report published on Tuesday, November 2. Raymond James increased his price target on Ameris Bancorp from $ 55.00 to $ 57.00 and gave the company an “outperformance” rating in a report released on Monday, November 1.

ABCB traded at $ 0.54 in Thursday’s session, reaching $ 49.71. 201,767 shares were traded, for an average volume of 408,240. The company has a 50-day simple moving average of $ 51.50 and a 200-day simple moving average of $ 50.40. The company has a market cap of $ 3.46 billion, a price-to-earnings ratio of 8.89 and a beta of 1.29. Ameris Bancorp has a one-year low at $ 36.60 and a one-year high at $ 59.85. The company has a leverage ratio of 0.19, a quick ratio of 0.98, and a current ratio of 1.05.

Ameris Bancorp (NASDAQ: ABCB) last reported its quarterly results on Thursday, October 28. The bank reported earnings per share (EPS) of $ 1.20 for the quarter, beating the Zacks’ consensus estimate of $ 1.18 by $ 0.02. Ameris Bancorp recorded a return on equity of 13.97% and a net margin of 35.40%. The company posted revenue of $ 239.40 million for the quarter, compared to a consensus estimate of $ 245.10 million. During the same period last year, the company posted EPS of $ 1.69. The company’s turnover is up 9.1% compared to the same quarter last year. As a group, stock analysts expect Ameris Bancorp to post earnings per share of 5.23 for the current fiscal year.

(A d)

Access our leading research platform which includes MarketBeat Daily Premium, portfolio monitoring tools, stock filters, research tools, real-time news feed, email and SMS alerts , the MarketBeat idea engine, exclusive brokerage rankings, extensive data export tools and more. Save 50% on your 2022 subscription. Only $ 1.00 for the first 30 days.

Meanwhile, director Jimmy D. Veal sold 973 shares of the company in a trade that took place on Friday, December 10. The stock was sold for an average price of $ 48.65, for a total value of $ 47,336.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.50% of the shares are currently held by insiders.

A number of institutional investors have recently changed their holdings to ABCB. Wellington Management Group LLP increased its stake in Ameris Bancorp by 74.5% during the third quarter. Wellington Management Group LLP now owns 4,825,887 shares of the bank valued at $ 250,367,000 after purchasing an additional 2,059,643 shares in the last quarter. Principal Financial Group Inc. increased its stake in Ameris Bancorp by 218.6% during the second quarter. Principal Financial Group Inc. now owns 1,749,442 shares of the bank valued at $ 88,575,000 after purchasing an additional 1,200,349 shares in the last quarter. William Blair Investment Management LLC raised its stake in Ameris Bancorp to 47,565.4% during the third quarter. William Blair Investment Management LLC now owns 860,361 shares of the bank valued at $ 44,636,000 after purchasing an additional 858,556 shares in the last quarter. State Street Corp increased its stake in Ameris Bancorp by 16.2% during the second quarter. State Street Corp now owns 4,115,179 shares of the bank valued at $ 208,969,000 after purchasing an additional 573,698 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Ameris Bancorp by 20.5% during the second quarter. American Century Companies Inc. now owns 1,637,457 shares of the bank valued at $ 82,904,000 after purchasing an additional 278,906 shares in the last quarter. Institutional investors hold 88.31% of the company’s shares.

About Ameris Bancorp

Ameris Bancorp is a banking holding company which, through its subsidiary Ameris Bank, provides banking services to its retail and commercial customers. It operates through the following business lines: Banking, Retail Mortgages, Warehouse Lending, SBA and Premium Finance. The banking industry offers comprehensive financial services, including business loans, consumer loans, and deposit accounts.

See also: What is cost of goods sold (COGS)?

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Ameris Bancorp now?

Before you consider Ameris Bancorp, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and Ameris Bancorp was not on the list.

While Ameris Bancorp currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
Canadian Western Bank (TSE: CWB) Given the average “buy” recommendation by brokerage firms https://bike-pix.com/canadian-western-bank-tse-cwb-given-the-average-buy-recommendation-by-brokerage-firms/ Mon, 27 Dec 2021 09:47:54 +0000 https://bike-pix.com/canadian-western-bank-tse-cwb-given-the-average-buy-recommendation-by-brokerage-firms/

The Canadian Western Bank (TSE: CWB) has received a consensus rating of “Buy” by the thirteen rating companies that cover the stock, Marketbeat reports. Three research analysts rated the stock with a keep recommendation and five gave the company a buy recommendation. The one-year average price target among analysts who hedged the stock in the past year is C $ 41.92.

A number of research companies have recently published reports on IBC. National Bank Financial increased its price target on Canadian Western Bank from C $ 40.00 to C $ 41.00 and assigned the stock a “sector performance” rating in a report released on Monday August 30th. BMO Capital Markets Upgraded Canadian Western Bank from a “Market Yield” to a “Buy” Rating and Set a Price Target of Cdn $ 41.00 for the Company in a Published Research Report Friday December 3. Credit Suisse Group raised its price target on Canadian Western Bank to C $ 45 and gave the company a “sector performance” rating in a research report released on Wednesday, September 1. TD Securities reduced its price target on Canadian Western Bank from C $ 44.00 to C $ 43.00 and established a “buy” rating for the company in a research report published on Monday, December 6. Finally, Scotiabank lowered its price target on Canadian Western Bank from C $ 48.00 to C $ 45 in a research report published on Monday, December 6.

In other news from the Canadian Western Bank, senior executive Michael Glen Eastwood sold 5,000 shares of the company in a trade on Monday, October 18. The stock was sold for an average price of C $ 39.18, for a total trade of C $ 195,915.00. As a result of the transaction, the insider now owns 9,860 shares of the company, valued at approximately C $ 386,344.38. Additionally, senior officer Patrick Gallagher sold 1,930 company shares in a trade on Wednesday, October 13. The stock was sold for an average price of C $ 38.57, for a total value of C $ 74,440.10. As a result of the transaction, the insider now owns 4,140 shares of the company, valued at approximately CA $ 159,679.80. During the last quarter, insiders sold 10,205 shares of the company valued at $ 399,755.

(A d)

It could be the highest grossing event in crypto history. And that only happens once. If you miss it, there is no second chance.

EST: CCB open at CA $ 36.00 on Mondays. The company has a market capitalization of 3.22 billion Canadian dollars and a PE ratio of 9.65. The Canadian Western Bank has a 52-week low of C $ 28.12 and a 52-week high of C $ 41.56. The stock has a 50-day simple moving average of C $ 38.45 and a 200-day simple moving average of C $ 36.42.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 6. Shareholders of record on Thursday, December 16 will receive a dividend of $ 0.30 per share. The ex-dividend date for this dividend is Wednesday, December 15. This represents a dividend of $ 1.20 on an annualized basis and a dividend yield of 3.33%. This is a positive change from the previous quarterly dividend of $ 0.29 from Canadian Western Bank. Canadian Western Bank’s dividend payout ratio (DPR) is 31.10%.

About the Canadian Western Bank

Canadian Western Bank provides banking products and services to individuals and businesses primarily in Western Canada. The company offers current, savings, cash management, US dollar, and checking accounts, as well as organizational, strata solution / condo, general trust, and trust fund accounts. It also offers commercial loans and real estate products, as well as equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle and recreational vehicle loans; and credit cards.

Further Reading: Investing in Growth Stocks

Analyst Recommendations for Canadian Western Bank (TSE: CWB)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Canadian Western Bank now?

Before you consider Canadian Western Bank, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold … and Canadian Western Bank was not on the list.

While Canadian Western Bank currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
Civista Bancshares, Inc. (NASDAQ: CIVB) to report earnings of $ 0.60 per share https://bike-pix.com/civista-bancshares-inc-nasdaq-civb-to-report-earnings-of-0-60-per-share/ Sat, 25 Dec 2021 14:18:03 +0000 https://bike-pix.com/civista-bancshares-inc-nasdaq-civb-to-report-earnings-of-0-60-per-share/

Analysts expect Civista Bancshares, Inc. (NASDAQ: CIVB) to report earnings of $ 0.60 per share for the current quarter, according to Zacks investment research. Two analysts have released earnings estimates for Civista Bancshares, with estimates ranging from $ 0.58 to $ 0.61. Civista Bancshares reported earnings per share of $ 0.64 for the same quarter last year, suggesting a negative growth rate of 6.3% year-over-year. The company is expected to announce its next quarterly results on Friday, February 4.

On average, analysts predict that Civista Bancshares will report annual earnings of $ 2.58 per share for the current year, with EPS estimates ranging from $ 2.51 to $ 2.70. For the next fiscal year, analysts expect the company to report earnings of $ 2.20 per share, with EPS estimates ranging from $ 2.15 to $ 2.25. Zacks EPS Averages is an average based on a survey of research companies that cover Civista Bancshares.

Civista Bancshares (NASDAQ: CIVB) last released its results on Tuesday, October 26. The bank reported earnings per share of $ 0.64 for the quarter, beating the consensus estimate of $ 0.62 by $ 0.02. Civista Bancshares had a net margin of 29.43% and a return on equity of 11.35%. The company posted revenue of $ 30.86 million for the quarter, compared to analysts’ estimates of $ 30.90 million. During the same period of the previous year, the company posted earnings per share of $ 0.48.

Separately, Zacks investment research downgraded Civista Bancshares shares from a “buy” rating to a “hold” rating in a research report released on Thursday, November 4.

(A d)

It could be the highest grossing event in crypto history. And that only happens once. If you miss it, there is no second chance.

Institutional investors and hedge funds recently changed their positions in the stock. Citigroup Inc. increased its stake in the shares of Civista Bancshares by 144.9% during the third quarter. Citigroup Inc. now owns 1,812 shares of the bank valued at $ 42,000 after purchasing an additional 1,072 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Civista Bancshares by 73.7% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 1,846 shares of the bank valued at $ 43,000 after acquiring an additional 783 shares during the period. Metropolitan Life Insurance Co NY increased its stake in Civista Bancshares by 46,720.0% in the 2nd quarter. Metropolitan Life Insurance Co NY now owns 2,341 shares of the bank valued at $ 52,000 after acquiring 2,336 additional shares during the period. Hillsdale Investment Management Inc. increased its stake in the shares of Civista Bancshares by 26.3% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 2,400 shares of the bank valued at $ 56,000 after acquiring an additional 500 shares during the period. Finally, BNP Paribas Arbitrage SA increased its stake in Civista Bancshares by 102.5% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 3,957 bank shares valued at $ 92,000 after acquiring an additional 2,003 shares during the period. 53.89% of the shares are currently held by institutional investors and hedge funds.

Actions of CIVB opened for $ 24.57 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt ratio of 0.30. The company’s 50-day moving average is $ 24.63 and its two-hundred-day moving average is $ 23.58. Civista Bancshares has a twelve month low of $ 16.46 and a twelve month high of $ 25.94. The company has a market cap of $ 369.19 million, a P / E ratio of 9.64 and a beta of 0.93.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 1. Investors of record on Tuesday, October 19, received a dividend of $ 0.14 per share. This represents an annualized dividend of $ 0.56 and a dividend yield of 2.28%. The ex-dividend date was Monday October 18. Civista Bancshares’ payout ratio is 21.96%.

About Civista Bancshares

Civista Bancshares, Inc. is a financial holding company, which engages in community banking activities. It provides financial services through its offices in Ohio counties of Erie, Crawford, Champaign, Franklin, Logan, Summit, Huron, Ottawa, Madison, Union and Richland. The Company’s primary deposit products are chequing, savings and term accounts, and its lending products are residential, commercial and installment mortgages.

Featured article: Calculate your return on investment (ROI)

Get a free copy of Zacks’ research report on Civista Bancshares (CIVB)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Historical and earnings estimates for Civista Bancshares (NASDAQ: CIVB)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Civista Bancshares now?

Before you consider Civista Bancshares, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the top five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Civista Bancshares was not on the list.

While Civista Bancshares currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bets.

See the 5 actions here

Source link

]]>
Everything you need to know to get a payday loan in Canada https://bike-pix.com/everything-you-need-to-know-to-get-a-payday-loan-in-canada/ Thu, 23 Dec 2021 16:26:19 +0000 https://bike-pix.com/everything-you-need-to-know-to-get-a-payday-loan-in-canada/ Focus Cash Loans offers online payday loans to meet urgent or unforeseen expenses

Payday loans are designed to help people with urgent or unexpected expenses get the financing they need quickly.

If you need a quick loan but don’t want to deal with your bank, online payday loans can help. A payday loan is the fastest, easiest way to get the money you need.

Payday loans are a type of unsecured short-term loan, which means that you don’t need to post any collateral to qualify. Instead, the decision is made based on your ability to repay your loan.

This means that if you are earning a stable income, you may be eligible for a payday loan.

Focus Cash Loans is a trusted online lender helping Canadians 24/7 Instant Online Wire Transfer Payday Loans in Canada since 2008.

Their short term loans allow you to borrow up to $ 1,500. Funds are deposited directly into your bank account within minutes.

If you are currently employed or receiving Unemployment Insurance (EI), Canada Pension Plan, private pension, or private disability insurance and you are paid by direct deposit into your account, you are eligible. Your net income should be at least $ 1,200 per month.

Focus Cash Loans does not perform credit checks, it only examines your bank account activity. There are also no hidden fees or charges on their payday loans.

Make a request for online payday loan is very easy and fast. You just need to fill out the online payday loan application form. You don’t need to fax or email documents.

The loan application process is fully digitized on a secure online platform. The app takes five minutes and can be done in the comfort of your home. You will receive your funds within an hour after you have been approved.

You don’t have to worry about missed payments, bounced charges or unforeseen expenses because Focus Cash Loan has you covered. If you run out of money before your next payday, you can simply apply online and get approved for a loan the same day.

To get your short-term loan quickly and easily today, visit www.focuscashloans.ca.

Source link

]]>