Tag Archives: ABG

Best Oil Stocks To Buy For 2021

Virginia Retirement Systems ET AL lifted its position in shares of Keysight Technologies Inc (NYSE:KEYS) by 200.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 145,200 shares of the scientific and technical instruments company’s stock after buying an additional 96,900 shares during the quarter. Virginia Retirement Systems ET AL owned approximately 0.08% of Keysight Technologies worth $9,014,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Sun Life Financial INC purchased a new stake in Keysight Technologies in the 4th quarter valued at about $32,000. Parkside Financial Bank & Trust grew its holdings in Keysight Technologies by 41.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 154 shares during the period. Guardian Life Insurance Co. of America purchased a new stake in Keysight Technologies in the 4th quarter valued at about $33,000. Ipswich Investment Management Co. Inc. purchased a new stake in Keysight Technologies in the 4th quarter valued at about $37,000. Finally, Loeb Partners Corp purchased a new stake in Keysight Technologies in the 4th quarter valued at about $39,000. 84.73% of the stock is owned by institutional investors and hedge funds.

Best Oil Stocks To Buy For 2021: Bryn Mawr Bank Corporation(BMTC)

Bryn Mawr Bank Corporation, incorporated on August 8, 1986, is a holding company for The Bryn Mawr Trust Company (the Bank). The Company offers a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. The Company operates through two segments: Wealth Management and Banking. The Company’s Wealth Management segment offers various services, including trust administration, other related fiduciary services, custody, investment management and advisory services, employee benefits and individual retirement account (IRA) administration, estate settlement, tax services and brokerage.

The Company’s Banking segment consists of commercial and retail banking. The Company operates through a network of approximately 30 full-service branches, eight limited-hour retirement community branches, five wealth offices and a full-service insurance agency throughout Montgomery, Delaware, Chester, Philadelphia and Dauphin counties of Pennsylvania and New Castle County in Delaware. The Company’s subsidiaries include Lau Associates LLC and The Bryn Mawr Trust Company of Delaware. The Bank’s subsidiaries include Key Capital Mortgage, Inc., Powers Craft Parker & Beard, Inc. and Bryn Mawr Equipment Finance, Inc.

Lending Activities

The Company’s loans total approximately $2.27 billion. Its loans secured by real estate totals over $1.67 billion. The construction portfolio of over $90.4 million accounts for approximately 4.0% of the total loan and lease portfolio. The construction loan segment of the portfolio consists of residential site development loans, commercial construction loans and loans for construction of individual homes. Residential mortgage loans total approximately $406.4 million. The Company’s commercial mortgages total over $964.3. Commercial and i! ndustrial loans total approximately $524.5 million. The commercial and industrial segment of the portfolio consists of loans to privately held institutions, family businesses, non-profit institutions and private banking relationships. Home equity loans and lines of credit totals over $209.5 million. Consumer loans total approximately $22.1 million. Leases total approximately $51.8 million.

Investment Activities

The Company’s available for sale investment securities include obligations of the United States Government and its agencies, mortgage-backed securities issued by the United States Government and the United States Government sponsored agencies, obligations of state and political subdivisions, corporate bonds, other debt securities, as well as bond mutual funds. The Company’s available for sale investment portfolio totals approximately $349.0 million.

Sources of Funds

The Company’s deposits total approximately $2.25 billion. The Company’s other wholesale funding sources include certificates of deposit from brokers. Funds obtained through these programs total over $53.2 million. The Company holds approximately $12.9 million of Federal Home Loan Bank (FHLB) stock.

Advisors’ Opinion:

  • [By Money Morning Staff Reports]

    And in March 2016, he recommended a tiny bank called Royal Bank of Pennsylvania for $1.99. Just 20 months later, when it sold to Bryn Mawr Bank Corp. (NASDAQ: BMTC), his readers earned 130.2%.

  • [By Joseph Griffin]

    Bryn Mawr Bank (NASDAQ:BMTC) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued on Saturday.

  • [By Logan Wallace]

    Shares of Bryn Mawr Bank Corp. (NASDAQ:BMTC) have received a consensus rating of “Hold” from the six research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $53.67.

Best Oil Stocks To Buy For 2021: KNOT Offshore Partners LP(KNOP)

KNOT Offshore Partners LP (KNOT Offshore Partners or the Partnership), incorporated on February 21, 2013, owns, operates and shuttles tankers under long-term charters. The Partnership is formed for the purpose of acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment. The Partnership’s vessels in its fleet are chartered to Statoil ASA (Statoil), Petrobras Transporte S.A. (Transpetro), Repsol Sinopec Brasil, S.A. (Repsol), BG Group Plc (BG Group), ExxonMobil and Eni Trading and Shipping S.p.A. (ENI). The Company has a fleet of approximately 10 shuttle tankers, including Fortaleza Knutsen, Recife Knutsen, Bodil Knutsen, Windsor Knutsen, Carmen Knutsen, Hilda Knutsen, Torill Knutsen, Dan Cisne, Dan Sabia and Ingrid Knutsen. KNOT Offshore Partners GP LLC is the general partner of the Partnership.

KNOT owns its general partner interest, all of its incentive distribution rights and a partner interest in the Partnership. KNOT intends to utilize the Partnership as its main development vehicle to pursue the acquisition of shuttle tankers. KNOT charters its fleet to various energy companies. The Partnership is engaged in the loading, transportation and storage of the crude oil using the vessels in its fleet. It provides all of these services under time charters and bareboat charters. Approximately six of its shuttle tankers are chartered under time charters and over four of its shuttle tankers are chartered under bareboat charters.

The Partnership competes with Teekay Offshore Partners L.P., Viken MOL and Petrobras.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    KNOT Offshore Partners LP  (NYSE:KNOP)Q4 2018 Earnings Conference CallMarch 14, 2019, 12:00 p.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Max Byerly]

    Get a free copy of the Zacks research report on KNOT Offshore Partners (KNOP)

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

Best Oil Stocks To Buy For 2021: Asbury Automotive Group Inc(ABG)

Asbury Automotive Group, Inc., a Delaware corporation organized in 2002, is one of the largest automotive retailers in the United States. Our store operations are conducted by our subsidiaries. As of December 31, 2015, we owned and operated 99 new vehicle franchises, representing 28 brands of automobiles at 81 dealership locations, and 25 collision centers in the United States. In addition, we owned and operated three stand-alone used vehicle stores under the “Q auto” brand name in Florida.   Advisors’ Opinion:

  • [By Ethan Ryder]

    Arizona State Retirement System lifted its position in shares of Asbury Automotive Group, Inc. (NYSE:ABG) by 2.2% in the fourth quarter, Holdings Channel reports. The fund owned 30,187 shares of the company’s stock after buying an additional 662 shares during the period. Arizona State Retirement System’s holdings in Asbury Automotive Group were worth $2,012,000 at the end of the most recent quarter.

  • [By Motley Fool Transcribing]

    Asbury Automotive Group (NYSE:ABG) Q4 2018 Earnings Conference CallFeb. 6, 2019 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Logan Wallace]

    Asbury Automotive Group (NYSE:ABG) will post its quarterly earnings results before the market opens on Wednesday, February 6th. Analysts expect Asbury Automotive Group to post earnings of $2.06 per share for the quarter.