Dragon Financial & Investment Group LLC bought a new position in Nike Inc (NYSE:NKE) in the second quarter, HoldingsChannel.com reports. The firm bought 2,696 shares of the footwear maker’s stock, valued at approximately $215,000. Nike makes up about 0.2% of Dragon Financial & Investment Group LLC’s investment portfolio, making the stock its 29th largest position.
Other large investors have also recently added to or reduced their stakes in the company. Norway Savings Bank grew its position in shares of Nike by 17.5% in the second quarter. Norway Savings Bank now owns 4,610 shares of the footwear maker’s stock valued at $367,000 after purchasing an additional 685 shares in the last quarter. Peregrine Capital Management LLC grew its position in shares of Nike by 0.3% in the second quarter. Peregrine Capital Management LLC now owns 223,178 shares of the footwear maker’s stock valued at $17,783,000 after purchasing an additional 689 shares in the last quarter. Barrett Asset Management LLC grew its position in shares of Nike by 3.2% in the second quarter. Barrett Asset Management LLC now owns 22,449 shares of the footwear maker’s stock valued at $1,789,000 after purchasing an additional 700 shares in the last quarter. Fulton Breakefield Broenniman LLC grew its position in shares of Nike by 1.2% in the second quarter. Fulton Breakefield Broenniman LLC now owns 61,922 shares of the footwear maker’s stock valued at $4,934,000 after purchasing an additional 706 shares in the last quarter. Finally, Legacy Financial Advisors Inc. grew its position in shares of Nike by 13.1% in the second quarter. Legacy Financial Advisors Inc. now owns 6,108 shares of the footwear maker’s stock valued at $473,000 after purchasing an additional 707 shares in the last quarter. 63.51% of the stock is owned by institutional investors and hedge funds.
Best Financial Stocks To Own Right Now: W.R. Berkley Corporation(WRB)
W. R. Berkley Corporation, an insurance holding company, operates as commercial lines writers in the property casualty insurance business primarily in the United States. The company operates in five segments: Specialty, Regional, Alternative Markets, Reinsurance, and International. The Specialty segment underwrites third-party liability risks, primarily excess, and surplus lines, including premises operations, professional liability, commercial automobile, products liability, and property lines. The Regional segments provide commercial insurance products to small-to-mid-sized businesses, and state and local governmental entities primarily in the 45 states of the United States. The Alternative Markets segment develops, insures, reinsures, and administers self-insurance programs and other alternative risk transfer mechanisms. This segment offers its services to employers, employer groups, insurers, and alternative market funds, as well as provides a range of fee-based servic es, including consulting and administrative services. The Reinsurance segment engages in the underwriting property casualty reinsurance on a treaty and a facultative basis, including individual certificates and program facultative business; and specialty and standard reinsurance lines, and property and casualty reinsurance. The International segment offers personal and commercial property casualty insurance in South America; commercial property casualty insurance in the United Kingdom and continental Europe; and reinsurance in Australia, Southeast Asia, and Canada. The company was founded in 1967 and is based in Greenwich, Connecticut.
Advisors' Opinion:- [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 Shane Hupp]
Gifford Fong Associates bought a new position in shares of W. R. Berkley Corp (NYSE:WRB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,000 shares of the insurance provider’s stock, valued at approximately $217,000.
- [By Logan Wallace]
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- [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.
Best Financial Stocks To Own Right Now: Pebblebrook Hotel Trust(PEB)
Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. It holds interests in the Doubletree Bethesda Hotel and Executive Meeting Center located in Bethesda, Maryland; Sir Francis Drake Hotel located in San Francisco, California; and InterContinental Buckhead Hotel located in Atlanta, Georgia. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2009 and is based in Bethesda, Maryland.
Advisors' Opinion:- [By Motley Fool Transcribers]
Pebblebrook Hotel Trust (NYSE:PEB)Q4 2018 Earnings Conference CallFeb. 26, 2019, 10:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Ethan Ryder]
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Best Financial Stocks To Own Right Now: Mr. Cooper Group Inc.(COOP)
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related to single-family residences in the United States. The company operates through three segments: Servicing, Originations, and Xome. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans. The Originations segment originates residential mortgage loans through its direct-to-consumer channel, as well as originates and purchases loans from mortgage bankers and brokers. The Xome segment offers a range of real estate services, such as title, valuation, and field services to mortgage originators, mortgage and real estate investors, and mortgage servicers. This segment also operates an exchange that facilitates the management and selling of residential properties through its website, Xome.com. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.
Advisors' Opinion:- [By ]
Entering the second quarter, MGY accounted for 1.4% of Cooperman's portfolio. Of the stocks remaining, the top 10 account for 56.7% of the investment manager's overall assets. Its largest holding at an 8.2% weighting is Alphabet, followed by home loan servicer Mr. Cooper Group (COOP) at 7.9% and blank-check company Athene Holding (ATHN) at 6.6%.
Best Financial Stocks To Own Right Now: Univest Corporation of Pennsylvania(UVSP)
Univest Corporation of Pennsylvania, through its subsidiaries, provides various financial solutions, including personal and business banking, online banking, residential mortgages, insurance products, and investment and wealth advisory solutions. It serves the financial needs of residents, businesses, and nonprofit organizations in Bucks, Chester, Montgomery, and Lehigh counties, Pennsylvania. The company accepts various deposit products that include non interest-bearing demand deposits, interest-bearing checking deposits, money market savings accounts, regular savings accounts, and time deposits. Its loan and lease portfolio comprises commercial, financial, and agricultural loans and leases; commercial and construction loans; residential loans; loans to individuals; and municipal loans and leases. Univest Corporation also offers lease financing, financial planning, investment management, insurance products, and brokerage services; and provides investment advisory services , which include discretionary investment consulting and management services, as well as engages in small ticket commercial finance business. It provides its services through 32 financial service centers, 12 retirement financial services centers, and 39 ATM locations. The company was founded in 1973 and is headquartered in Souderton, Pennsylvania.
Advisors' Opinion:- [By Logan Wallace]
TRADEMARK VIOLATION NOTICE: “Univest Financial Corp (UVSP) Shares Bought by Vanguard Group Inc.” was posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/4146556/univest-financial-corp-uvsp-shares-bought-by-vanguard-group-inc.html.
- [By Stephan Byrd]
BidaskClub upgraded shares of Univest Co. of Pennsylvania (NASDAQ:UVSP) from a strong sell rating to a sell rating in a research note released on Saturday.
- [By Stephan Byrd]
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- [By Max Byerly]
Univest Co. of Pennsylvania (NASDAQ:UVSP) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report released on Wednesday.
Best Financial Stocks To Own Right Now: S&P Global Inc.(SPGI)
S&P Global Inc., together with its subsidiaries, provides ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company operates through four segments: S&P Global Ratings (Ratings), S&P Global Market Intelligence (Market Intelligence), S&P Global Platts (Platts), and S&P Dow Jones Indices (Indices). The Ratings segment offers credit ratings, research, and analytics to investors, corporations, governments, municipalities, commercial and investment banks, insurance companies, asset managers, and other debt issuers. The Market Intelligence segment provides multi-asset-class data, research, and analytical capabilities that integrate cross-asset analytics and desktop services to investment managers, investment banks, private equity firms, insurance companies, commercial banks, corporations, professional services firms, government agencies, and regulators. The Platts segment offers essential price data, analytics, and industry insights for the commodity and energy markets. It serves producers, traders, and intermediaries within the energy, petrochemicals, metals, and agriculture markets. The Indices segment provides index that maintains various valuation and index benchmarks for investment advisors, wealth managers, and institutional investors. The company also offers analytics, artificial intelligence, machine learning, and data visualization systems to Wall Street's premier global banks and investment institutions, as well as the National Security community; subscription and custom reports on bank deposits, loans, fees, and other product data to the financial services industry; and insights on global supply chains. The company was formerly known as McGraw Hill Financial, Inc. and changed its name to S&P Global Inc. in April 2016. S&P Global Inc. was founded in 1860 and is headquartered in New York, New York.
Advisors' Opinion:- [By Ethan Ryder]
TRADEMARK VIOLATION NOTICE: “John L. Berisford Sells 9,669 Shares of S&P Global Inc (SPGI) Stock” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://www.tickerreport.com/banking-finance/4202870/john-l-berisford-sells-9669-shares-of-sp-global-inc-spgi-stock.html.
- [By Chris Lange]
The S&P 500 stock posting the largest daily percentage loss in the S&P 500 ahead of the close was S&P Global Inc. (NYSE: SPGI) which fell about 4% to $195.88. The stock's 52-week range is $153.25 to $217.31. Volume was about 2 million compared to the daily average volume of 1 million.
- [By Max Byerly]
S&P Global Inc (NYSE:SPGI) has been given an average rating of “Buy” by the eighteen ratings firms that are currently covering the firm, Marketbeat.com reports. Nine analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $205.31.
- [By Shane Hupp]
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