Redpoint Investment Management Pty Ltd boosted its stake in shares of S&P Global Inc (NYSE:SPGI) by 17.0% in the 2nd quarter, Holdings Channel reports. The firm owned 27,532 shares of the business services provider’s stock after buying an additional 3,995 shares during the quarter. Redpoint Investment Management Pty Ltd’s holdings in S&P Global were worth $5,613,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of SPGI. Kaizen Advisory LLC raised its stake in S&P Global by 143.4% in the second quarter. Kaizen Advisory LLC now owns 606 shares of the business services provider’s stock valued at $124,000 after buying an additional 357 shares during the period. Optimum Investment Advisors bought a new stake in S&P Global in the first quarter valued at approximately $124,000. Harvest Fund Management Co. Ltd raised its stake in S&P Global by 46.4% in the first quarter. Harvest Fund Management Co. Ltd now owns 820 shares of the business services provider’s stock valued at $156,000 after buying an additional 260 shares during the period. First Mercantile Trust Co. raised its stake in S&P Global by 65.0% in the second quarter. First Mercantile Trust Co. now owns 848 shares of the business services provider’s stock valued at $173,000 after buying an additional 334 shares during the period. Finally, Clinton Group Inc. bought a new stake in S&P Global in the second quarter valued at approximately $201,000. 84.84% of the stock is owned by hedge funds and other institutional investors.
Hot Casino Stocks To Own For 2021: PCM, Inc.(PCMI)
PCM, Inc., incorporated on February 9, 1995, is engaged in providing technology products, services and solutions through direct marketing channels, and owned and operated data centers. The Company offers technology products, solutions and other consumer products. The Company’s segments include Commercial, Public Sector, MacMall, Canada, and Corporate & Other. The Company sells its products primarily to customers in the United States and Canada, and maintains offices throughout the United States and Canada, as well as in Montreal, Canada and Manila, Philippines.
The Company’s Commercial segment sells complex products, services and solutions to commercial businesses in the United States. It sells its products using multiple sales channels, including a field relationship-based selling model, an outbound phone-based sales force, a field services organization and an online extranet. The Company’s Public Sector segment consists of sales made primarily to federal, state and local governments, as well as educational institutions. The Public Sector segment utilizes a phone and field relationship-based selling model, as well as contract and bid business development teams and an online extranet. The Company’s MacMall segment consists of sales made through telephone and the Internet to consumers, small businesses and creative professionals. The Company’s systems are located in its data centers in El Segundo, California, Columbus, Ohio and Atlanta, Georgia. The Company’s Canada segment consists of sales made to customers in the Canadian market.
The Company competes with CDW, Insight Enterprises, PC Connection, CompuCom Systems, Pomeroy IT Solutions, World Wide Technology, CDWG, GovConnection, Best Buy, Office Depot, Staples, Apple, Hewlett Packard Enterprise, HP Inc., Dell, Amazon.com, Newegg.com, Soft Choice and Software House International.
- [By Max Byerly]
TheStreet upgraded shares of PCM (NASDAQ:PCMI) from a c rating to a b- rating in a report released on Wednesday.
PCMI has been the topic of several other reports. Roth Capital upped their price target on shares of PCM from $24.20 to $29.60 and gave the stock a buy rating in a research report on Thursday. B. Riley upped their price target on shares of PCM from $25.00 to $27.00 and gave the stock a buy rating in a research report on Thursday, October 25th. Zacks Investment Research raised shares of PCM from a hold rating to a buy rating and set a $19.00 price target on the stock in a research report on Wednesday, October 24th. ValuEngine lowered shares of PCM from a hold rating to a sell rating in a research report on Friday, December 21st. Finally, BidaskClub raised shares of PCM from a hold rating to a buy rating in a research report on Tuesday, January 29th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $26.87.
- [By Motley Fool Transcribers]
PCM Inc (NASDAQ:PCMI)Q4 2018 Earnings Conference CallFeb. 06, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Joseph Griffin]
Shares of PCM Inc (NASDAQ:PCMI) have been assigned an average rating of “Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $20.00.
- [By ]
2. PCM, Inc. (Nasdaq: PCMI)
Talk about a value and momentum monster! This multi-vendor provider of technology solutions surged higher by an astounding 134% in 2018 alone.
Hot Casino Stocks To Own For 2021: Putnam Municipal Opportunities Trust(PMO)
Putnam Municipal Opportunities Trust (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Putnam Municipal Opportunities Trust invests in investment-grade and some below investment-grade municipal bonds. In February 2008, the Fund acquired Putnam Investment Grade Municipal Trust and Putnam Municipal Bond Fund.
The Fund invests in various sectors, including hospital systems, power, water/sewer/gas utilities, air transportation and tobacco. Putnam Municipal Opportunities Trust is managed by Putnam Investment Management, LLC, an indirect wholly owned subsidiary of Putnam, LLC.
- [By Stephan Byrd]
News coverage about Putnam Municipal Opportunities Trust (NYSE:PMO) has trended positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Putnam Municipal Opportunities Trust earned a coverage optimism score of 0.36 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 44.4937566813447 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
- [By Ethan Ryder]
Headlines about Putnam Municipal Opportunities Trust (NYSE:PMO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Putnam Municipal Opportunities Trust earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.534048831996 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Hot Casino Stocks To Own For 2021: Textainer Group Holdings Limited(TGH)
Textainer Group Holdings Limited (TGH), incorporated on December 2, 1993, is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owned containers accounting for approximately 80% of the Company’s fleet; Container Management, which managed containers on behalf of approximately 10 affiliated and unaffiliated container investors, providing acquisition, management and disposal services, and total managed containers accounted for approximately 20% of its fleet, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers. The Company is a lessor of intermodal containers based on fleet size, with a total fleet of approximately 2.1 million containers. The Company leases containers to approximately 360 shipping lines and other lessees. The Company is also a seller of used containers.
The Company’s subsidiaries include Textainer Equipment Management Limited (TEML), which provides container management, acquisition and disposal services to affiliated and unaffiliated container investors, and Textainer Limited (TL), which owns containers directly and through its subsidiaries, which include Textainer Marine Containers II Limited (TMCL II), Textainer Marine Containers III Limited (TMCL III), Textainer Marine Containers IV Limited (TMCL IV), TAP Funding Ltd. (TAP Funding) and TW Container Leasing Ltd. (TW). The Company leases containers under different types of leases, which include term leases, master leases, finance leases and spot leases. Term leases provide a customer with a specified number of containers for a specified period of time ranging from 3 to 5 years, with an associated set of pick-up and drop-off conditions. Term leases also include lifecycle! leases, under which lessees will lease containers until they reach a pre-specified age, which is near the end of their useful lives. Master leases provide a framework of terms and conditions valid for a specified period of time, typically one year. Finance leases, which provide customers an alternative means for purchasing containers. Spot leases, which provide customers with containers for a relatively short lease period and fixed pick-up and drop-off locations.
The Company operates its business through a network of regional and area offices and independent depots. The Company maintains approximately four regional offices: Americas Region in Hackensack, New Jersey, the United States responsible for North and South America; European Region in New Malden, the United Kingdom responsible for Europe, the Mediterranean, the Middle East and Africa; North Asia Region in Yokohama, Japan responsible for Japan, South Korea and Taiwan, and South Asia Region in Singapore, responsible for Southeast Asia, the People’s Republic of China (PRC), including Hong Kong and Australia. The Company operates approximately 3,147,690 twenty foot equivalent unit (TEU).
The Company competes with Leased Assets Pool Company Limited.
- [By Joseph Griffin]
ValuEngine cut shares of Textainer Group (NYSE:TGH) from a sell rating to a strong sell rating in a research note released on Wednesday morning.
Several other equities research analysts have also commented on the company. Zacks Investment Research lowered Textainer Group from a buy rating to a hold rating in a research note on Wednesday, April 25th. Compass Point started coverage on Textainer Group in a research note on Monday, April 23rd. They set a neutral rating and a $17.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $20.67.
- [By Matthew DiLallo]
Last year was one that investors in Textainer Group Holdings (NYSE:TGH) will likely remember fondly as the container leasing company’s stock rocketed an eye-popping 188%. This year, however, has been a different story as shares are down nearly 30% since the beginning of the year, and more than 40% off their high. That sell-off might have investors wondering if now’s a good time to buy.
- [By Matthew DiLallo]
That volatility has been evident at both Textainer Group Holdings Ltd. (NYSE:TGH) and Nordic American Tankers Ltd. (NYSE:NAT) in recent years. Because of that, investors need to weigh their upside in a recovering market against the downside potential before choosing either stock.
Hot Casino Stocks To Own For 2021: Hancock Holding Company(HBHC)
Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. It also provides commercial loans, such as commercial and industrial, construction and land development, and commercial real estate loans; residential mortgage consisting of fixed-rate and adjustable-rate home loans; and consumer loans comprising second mortgage home loans, home equity lines of credit, and non-residential consumer purpose loans, which include direct and indirect loans made to finance automobiles, recreation vehicles, boats, and other personal and deposit account secured loans. In addition, the company offers treasury management services, investment brokerage services, letters of credit and financial guarantees, and revolving credit facilities, as well as online banking services. Further, it provides trust and investment management services to retirement plans, corporations, and individuals, as well as personal and business lines of insurance and annuity products. Additionally, the company offers investment services, insurance agency services, discount investment brokerage services, annuity products, life insurance, consumer financing, and various other services to third parties, as well as operates and sells foreclosed assets. As of December 31, 2014, it operated approximately 235 banking and financial services offices in the states of Mississippi, Louisiana, Texas, Florida, and Alabama under Hancock Bank and Whitney Bank brand names. Hancock Holding Company was founded in 1883 and is headquartered in Gulfport, Mississippi.
- [By Max Byerly]
Wells Fargo & Company MN boosted its stake in shares of Hancock Holding (NASDAQ:HBHC) by 9.0% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,114,046 shares of the financial services provider’s stock after purchasing an additional 92,265 shares during the period. Wells Fargo & Company MN’s holdings in Hancock were worth $51,970,000 at the end of the most recent quarter.