Loomis Sayles & Co. L P cut its holdings in Signature Bank (NASDAQ:SBNY) by 9.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 218,550 shares of the bank’s stock after selling 22,927 shares during the period. Loomis Sayles & Co. L P’s holdings in Signature Bank were worth $31,023,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of SBNY. BlackRock Inc. increased its holdings in shares of Signature Bank by 2.2% during the 1st quarter. BlackRock Inc. now owns 4,987,405 shares of the bank’s stock worth $707,963,000 after buying an additional 108,693 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt increased its holdings in shares of Signature Bank by 4.3% during the 1st quarter. Alecta Pensionsforsakring Omsesidigt now owns 2,441,200 shares of the bank’s stock worth $346,382,000 after buying an additional 100,000 shares during the last quarter. Parnassus Investments CA increased its holdings in shares of Signature Bank by 22.9% during the 4th quarter. Parnassus Investments CA now owns 1,610,000 shares of the bank’s stock worth $220,989,000 after buying an additional 300,000 shares during the last quarter. CI Global Investments Inc. increased its holdings in shares of Signature Bank by 176.8% during the 4th quarter. CI Global Investments Inc. now owns 920,249 shares of the bank’s stock worth $126,313,000 after buying an additional 587,749 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Signature Bank by 1.1% during the 4th quarter. Bank of New York Mellon Corp now owns 692,753 shares of the bank’s stock worth $95,087,000 after buying an additional 7,338 shares during the last quarter. Institutional investors own 95.79% of the company’s stock.
Top Safest Stocks To Invest In Right Now: Fossil Inc.(FOSL)
Fossil, Inc. designs, develops, markets, and distributes fashion accessories worldwide. It offers a line of fashion watches under its proprietary brands, such as FOSSIL, MICHELE, RELIC, and ZODIAC; and through licensed brands, including ADIDAS, BURBERRY, DIESEL, DKNY, EMPORIO ARMANI, MARC BY MARC JACOBS, and MICHAEL KORS. The company designs, markets, and arranges for the manufacture of watches and accessories on behalf of certain mass market retailers, companies, and organizations as private label products or as premium and incentive items for use in various corporate events. It also provides various fashion accessories for men and women, including handbags, belts, small leather goods, jewelry, and sunglasses through company owned retail stores, department stores, and specialty retail stores, as well as over the Internet and through catalogs. In addition, the company sells a line of soft accessories, such as hats, gloves, and scarves, as well as a handbag collection. Furt her, it offers apparel comprising jeans, outerwear, fashion tops and bottoms, and tee shirts for men and women through company-owned stores, as well as over the Internet and through catalogs. Additionally, the company provides footwear products, including sport court sneakers, authentic casuals, dress classics, and boots for men, as well as fashionable flats, heels, wedges, and boots for women. Fossil, Inc., through a license agreement with the Safilo Group, manufactures, markets, and sells optical frames under the FOSSIL and RELIC brand names in the United States and Canada. As of August 9, 2011, it had approximately 360 company-owned and operated retail stores. The company was founded in 1984 and is headquartered in Richardson, Texas.
Advisors’ Opinion:
- [By Garrett Baldwin]
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Stocks to Watch Today: NKE, GRMN, FIT, FOSL, NAVI
Nike Inc. (NYSE: NYSE) is facing a public relations problem this morning and shares are off nearly 2%. Last night, Duke University star basketball player Zion Williamson was injured in the opening minute of a marquee game against the University of North Carolina. Williamson slipped while dribbling and his Nike shoe split apart, causing him to fall and injure his knee. The No. 1 ranked Duke Blue Devils, who were favorites against their rivals at home, were blown out after Williamson was forced to leave the game. The game was heavily televised, attended by celebrities and former President Barack Obama, and fetched ticket prices upwards of $10,000. Williamson is likely the No. 1 pick in the NBA draft this year. The company called the event an “isolated occurrence.” Shares of Garmin Ltd. (NASDAQ: GRMN) popped to an 11-year high thanks to a strong earnings report and forward guidance on Wednesday. The fitness and navigation device manufacturer reported that smartwatch sales are “on fire” from outdoor enthusiasts. The firm’s outdoor segment experienced a 25% jump in revenue for the quarter, while the firm hiked its 2019 revenue outlook and topped analysts’ expectations. The news helped boost shares of Fossil (NASDAQ: FOSL) and Fitbit (NYSE: FIT). Shares of Navient Corp. (NASDAQ: NAVI) slid 4.2% after hedge fund Canyon Capital withdrew its bid from earlier this week to buy the student loan servicing giant for $12.50 per share. The hedge fund announced it will now launch a proxy fight to replace many of the company’s board of directors. While this might be bad news for NAVI in the short term, there are still 1.5 trillion reasons to own this stock. Look for other earnings reports from Baidu (NASDAQ: BIDU), Barclays PLC (NYSE: BCS), Boyd Gaming (NYSE: BYD), Domino’s Pizza (NYSE: DPZ), Dropbox (NYSE: DBX), First Solar (NASDAQ: FSLR), Hewlett Packard Enterprise (NYSE: HPE), Kraft Hein - [By Dan Caplinger]
The latest retail sales report gave market participants bad news on the U.S. economic front, with a 1.2% drop in December marking the worst showing in almost a decade. That came as a shock to investors, and some went so far as to question whether the report was accurate in the aftermath of the long government shutdown. Others fear that a consumer slowdown could foreshadow an economic recession, but at the individual-company level, reports from Tempur Sealy International (NYSE:TPX) and Fossil Group (NASDAQ:FOSL) show how different parts of the retail world are seeing different conditions.
Top Safest Stocks To Invest In Right Now: Silicom Ltd(SILC)
Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server based systems, and communications devices in North America, Europe, and the Asia Pacific. It offers high-end server networking interface cards with and without bypass for the server networking industry. The company also provides intelligent and programmable cards, including redirector cards; encryption and data compression hardware acceleration cards; time stamping cards; network processor acceleration cards; VHIO, a product off-loading virtualization switching from the CPU; and network capture, field programmable gate array based ultra-low latency, and mobile operational support system solutions. In addition, it offers intelligent bypass switches; and server to appliance converter (SETAC) products that enable standard servers to be configured as network appliances with front networking ports. The company sells its products to original equipment manufacturers. Silicom Ltd. was founded in 1987 and is headquartered in Kfar Sava, Israel.
- [By Logan Wallace]
BidaskClub upgraded shares of Silicom (NASDAQ:SILC) from a strong sell rating to a sell rating in a report issued on Tuesday morning.
Separately, ValuEngine cut Silicom from a hold rating to a sell rating in a research report on Saturday, June 2nd.
- [By Logan Wallace]
News articles about Silicom (NASDAQ:SILC) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive 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 -1 to 1, with scores closest to one being the most favorable. Silicom earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 47.5737469373647 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Joseph Griffin]
F5 Networks (NASDAQ: FFIV) and Silicom (NASDAQ:SILC) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, dividends, analyst recommendations, earnings and institutional ownership.
- [By ]
Finally, Cramer said that Silicom (SILC) is an interesting concept with real earnings, and an attractive valuation at just 18 times earnings. However, the company is small, which mean investors need to be careful.
Top Safest Stocks To Invest In Right Now: Concord Medical Services Holdings Limited(CCM)
Concord Medical Services Holdings Limited, incorporated on November 27, 2007, is engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. The Company is also engaged in hospital operations. The Company’s segments are network and premium cancer hospital. The Company operates a network of radiotherapy and diagnostic imaging centers in China. Its network consists of approximately 130 cooperative centers based in over 70 hospitals, spanning approximately 60 cities across 25 provinces and administrative regions in China. The Company’s network includes approximately 60 radiotherapy centers and over 60 diagnostic imaging centers and approximately seven centers that provide other treatment and diagnostic services, such as electroencephalography for the diagnosis of epilepsy, thermotherapy to increase the efficacy of and for pain relief after radiotherapy and chemotherapy, high intensity focused ultrasound therapy for the treatment of cancer, stereotactic radiofrequency ablation for the treatment of Parkinson’s Disease and refraction and tonometry for the diagnosis of ophthalmic conditions.
The Company’s cooperative centers are equipped with a primary unit of medical equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, positron emission tomography-computed tomography (PET-CT) scanner or magnetic resonance imaging (MRI) scanner. In addition to its cooperative centers, the Company is in the process of establishing specialty cancer hospitals that will focus on providing radiotherapy services, as well as diagnostic imaging services, chemotherapy and surgery. The Company owns approximately 30 linear accelerators and approximately 34 gamma knife systems, including over 22 head gamma knife systems and approximately 12 body gamma knife systems. It also owns approximately 20 PET-CT scanners and over 20 MRI scanners. The Company provides management services to radiotherapy and diagnostic imaging centers ! under service-only agreements. It also provides technical services to radiotherapy and diagnostic imaging centers under technical service agreements. The Company, through Concord Cancer Hospital, provides oncology as its main service, including medical oncology and surgical oncology, in Singapore.
The Company competes with China Renji Medical Group Ltd. and Jiancheng Investment Co.
Advisors’ Opinion:
- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Concord Medical Services (CCM)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Safest Stocks To Invest In Right Now: China Pharma Holdings Inc.(CPHI)
China Pharma Holdings, Inc. develops, manufactures, and markets generic and branded pharmaceutical products primarily to hospitals and private retailers in the People?s Republic of China. Its products include Bumetanide to treat edema diseases; Gastrodin injection for tiredness, loss of concentration, poor sleep, and traumatic syndromes of brain; Cerebroprotein Hydroloysate injection for the treatment of memory decline and attention deficit; Buflomedil Hydrochloride for blood vessel diseases; Propylgallate and Ozagrel Sodium for the treatment of cerebral thrombosis, coronary heart disease, and thrombus deep phlebitis; and Alginic Sodium Diester injection for ischemic heart, cerebrovascular, and lipoprotein blood diseases. The company also offers Cefaclor Dispersible tablets for tympanitis, lower respiratory tract, urinary tract, and skin/skin tissue infection; Roxithromycin dispersible tablets for pharyngitis and tonsillitis; Clarithromycin granules and capsules for nasoph arynx, respiratory tract, and skin tissue infections; Naproxen Sodium and Pseudophedrine Hydrochloride Sustained Release tablets to relieve cold, sinus, and flu symptoms; Cefalexin capsules for acute tonsillitis; and Anhydroandrographolide for ischemic heart, cerebrovascular, and lipoprotein blood diseases. In addition, it provides Hepatocyte growth-promoting factor to treat viral hepatitis symptoms; Tiopronin to treat acute chronic Hepatitis B and relieve liver injury; Omeprazole to treat gastroesophageal reflux disease; Granisetron Hydrochloride injection for nausea and vomiting; Vitamin B6, an vitamin supplement; Thymopolypetides injection for treating diseases and tumors of various cells with reduced immunological function; and Recombined Human Fibroblast Growth Factor for the production of cosmetics. The company distributes its products through independent regional distributors and sales representatives. China Pharma Holdings, Inc. is based in Haikou, the People?s Repub lic of China.
Advisors’ Opinion:
- [By Logan Wallace]
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
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Steady Activities: SCYNEXIS, Inc. (NASDAQ:SCYX), LPL Financial Holdings Inc. (NASDAQ:LPLA) (oracleexaminer.com) Do Analysts Think You Should Buy – SCYNEXIS Inc (NASDAQ: SCYX) (stockspen.com) Notable Runner: SCYNEXIS, Inc. (SCYX) (nasdaqplace.com) Most Active Stocks Now: SCYNEXIS, Inc. (NASDAQ:SCYX), China Pharma Holdings, Inc. (NYSE:CPHI), Kala … (journalfinance.net) Overview on price to free cash flow: SCYNEXIS, Inc. (NASDAQ:SCYX), InfuSystem Holdings Inc. (NYSE:INFU) (stocksnewspoint.com)
Several research analysts have recently issued reports on the company. Roth Capital assumed coverage on Scynexis in a research note on Tuesday, May 8th. They set a “buy” rating and a $6.00 price target for the company. Seaport Global Securities assumed coverage on Scynexis in a research note on Tuesday, April 10th. They set a “buy” rating and a $4.00 price target for the company. Zacks Investment Research raised Scynexis from a “hold” rating to a “buy” rating and set a $1.25 price target for the company in a research note on Tuesday, May 8th. HC Wainwright assumed coverage on Scynexis in a research note on Monday, May 7th. They set a “buy” rating and a $5.00 price target for the company. Finally, ValuEngine raised Scynexis from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Scynexis currently has an average rating of “Buy” and an average target price of $4.45.
