Financial

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) Reports $2.5 Billion in Net Assets
December 04, 2024 06:22 PM AEDT| By Team Kalkine MediaHighlights,Net assets of $2.5 billion and net asset value per share of $15.03.,Strong asset coverage ratios of 664% for senior securities and 503% for total leverage.,Well-diversified portfolio with 95% allocation to midstream energy companies.,Kayne...

Edgestream Partners Increases Stake in Moody's Corporation (NYSE:MCO)
December 04, 2024 04:10 AM AEDT| By Team Kalkine MediaHighlights,Edgestream Partners L.P. increased its stake in Moody's by 890.2% in Q3.,Moody's surpassed earnings expectations with a 23.2% revenue growth.,The company declared a quarterly dividend, highlighting strong financial health.,Moody's Corpora...

Jane Street Returns to Leveraged Loan Market with $1 Billion Offering
December 03, 2024 05:01 PM AEDT| By Team Kalkine MediaHighlights,Jane Street Group launches a $1 billion leveraged loan to refinance and expand its existing debt.,Funds will be used for general corporate purposes and trading capital.,The move comes amid a surge in leveraged debt activity, following a re...

Institutional Funds Buy into MSCI Inc. (NYSE:MSCI)
December 03, 2024 03:35 AM AEDT| By Team Kalkine MediaHighlights,Point72 Asia increases stake in MSCI Inc.,Multiple institutional investors raise their positions in MSCI Inc.,MSCI Inc. shows growth with strong quarterly earnings.,MSCI Inc. has seen increasing institutional interest, with several funds,...

Renasant Corporation's (NYSE:RNST) Dividend and Sustainability Outlook
December 03, 2024 03:10 AM AEDT| By Team Kalkine MediaHighlights,Renasant Corporation will pay a $0.22 dividend in January.,Over the past decade, Renasant's dividend growth has been steady at 2.6% annually.,Dividend payout ratio is set at 28%, ensuring sustainability for now.,Renasant Corporation, a sig...

BNP Paribas Financial Markets Increases Stake in Ally Financial Inc. (NYSE:ALLY)
December 03, 2024 03:00 AM AEDT| By Team Kalkine MediaHighlights,BNP Paribas Financial Markets raised its stake in Ally Financial by 75% in Q3.,Ally Financial’s quarterly earnings surpassed analysts' expectations with $0.95 EPS.,The company’s quarterly revenue grew 6.9% year-over-year.,Ally Financial In...

Fiserv Shares Surges 120% in Three-Years on Back of Growth in EPS
December 02, 2024 04:55 PM AEDT| By Team Kalkine MediaHighlights,Fiserv shares have soared 120% over the past three years, driven by robust earnings per share (EPS) growth of 40% annually.,Recent gains reflect positive sentiment, with a 27% share price increase in the last three months.,Total shareholde...

Rockefeller Capital Management's Stake Adjustment in American Express (NYSE:AXP)
November 30, 2024 04:35 AM AEDT| By Team Kalkine MediaHighlights,Rockefeller Capital Management L.P. reduces stake in American Express by 2.3%.,AXP stock remains under analyst scrutiny with mixed ratings.,American Express continues strong earnings growth despite market volatility.,American Express Comp...

Goldman Sachs Group (NYSE:GS) Dividend Outlook Stability Meets Growth Potential
November 30, 2024 04:20 AM AEDT| By Team Kalkine MediaHighlights,Goldman Sachs to pay $3.00 per share dividend on December 30th.,The company has increased dividends by 18% annually since 2014.,Projected 58.7% earnings growth next year supports dividend sustainability.,Goldman Sachs Group Inc. is prepar...

(NYSE:PFG) Principal Financial Group's Dividend Growth and Analyst Views
November 30, 2024 04:00 AM AEDT| By Team Kalkine MediaHighlights,Principal Financial Group holds a "Hold" consensus rating from analysts,Hedge funds and institutional investors own 75.08% of the company’s shares,The company recently increased its quarterly dividend, signaling steady shareholder returns,...

W. R. Berkley (NYSE:WRB) Pursues Market Revaluation with Tech Investments and 48.4% Undervaluation
November 29, 2024 10:09 PM AEDT| By Team Kalkine MediaHighlights:,W. R. Berkley has achieved a 22.5% annual earnings growth over the past five years, with a net profit margin of 12%.,The company faces challenges, including slower earnings growth and a Return on Equity below desired levels.,Opportunities...

Banco Macro (NYSE: BMA) Reports Q3 2024 Results with 293% Increase in Net Income
November 29, 2024 04:14 PM AEDT| By Team Kalkine MediaHighlights:,Net Income Soars 293% YoY to Ps.91.3 Billion,Total Financing and Deposits Show Robust Growth,Strong Capital Position and Low Non-Performing Loan Ratio,Banco Macro (NYSE: BMA), one of Argentina’s leading financial institutions, reported im...

Institutional Investors Hold Dominant Position in Bank of America (NYSE:BAC)
November 29, 2024 04:05 AM AEDT| By Team Kalkine MediaHighlights,-64% of Bank of America's shares are held by institutional investors.,-Berkshire Hathaway leads with a 10% stake.,-Individuals hold 26% of the shares, influencing company decisions.,Bank of America Corp , a major player in the,NYSE Financi...

Everest Group (NYSE:EG) Stock Rating Downgraded by Jefferies Financial Group
November 29, 2024 03:35 AM AEDT| By Team Kalkine MediaHighlights,-Jefferies downgraded Everest Group to "hold.",-Barclays and BMO cut price targets.,-Market cap: $16.71 billion, P/E ratio: 6.08.,Everest Group Ltd. recently saw a downgrade from Jefferies Financial Group, reflecting cautious sentiment in...

Algert Global LLC Boosts Holdings in Bread Financial (NYSE:BFH)
November 29, 2024 03:00 AM AEDT| By Team Kalkine MediaHighlights,-Algert Global LLC boosts stake in Bread Financial by 87.9%.,-Now holds 38,500 shares of the company.,-Institutional ownership reaches 99.52%,Bread Financial Holdings Inc. sees increased institutional interest as Algert Global LLC raises i...

Shares of Nasdaq, Inc. (NASDAQ:NDAQ), Totaling 28,845, Are Acquired by Dai-ichi Life Insurance Company Ltd
November 28, 2024 11:10 PM AEDT| By Team Kalkine MediaHighlights:,Dai ichi Life Insurance Company Ltd acquired a new stake in Nasdaq, Inc. during the third quarter, purchasing 28,845 shares.,Several institutional investors also adjusted their positions in Nasdaq, with 72.47% of shares currently held by...

Mutual of America Capital Management LLC Cuts Stake in Bread Financial Holdings, Inc. (NYSE:BFH) by 678 Shares
November 28, 2024 10:45 PM AEDT| By Team Kalkine MediaHighlights:,Mutual of America Capital Management LLC reduced its holdings in Bread Financial Holdings by 8.3% during Q3.,Institutional investors continue to adjust their stakes in Bread Financial, with Vanguard Group and others increasing their posit...

Bank of Montreal Cuts Stake in Regions Financial (NYSE:RF)
November 28, 2024 04:25 AM AEDT| By Team Kalkine MediaHighlights,-Bank of Montreal reduces Regions Financial stake by 1.3%.,-Institutional investors boost positions in Regions Financial.,-Regions Financial announces $0.25 per share dividend for Q1.,Regions Financial Corporation, a notable,NYSE Financia...

NYSE:MMC Gains Analyst Confidence with Strong Performance
November 28, 2024 04:00 AM AEDT| By Team Kalkine MediaHighlights,-Analysts give 'outperform' rating to Marsh & McLennan,-Company beats earnings expectations.,-Institutional investors remain confident,Marsh & McLennan Companies Inc, a leading player in the global,NYSE Financial Stock,sector, continues to...

Moelis & Co (NYSE:MC) Report Solid Earnings Amid Analyst Caution
November 28, 2024 04:00 AM AEDT| By Team Kalkine MediaHighlights,-Moelis & Co receives a target price of $60.83 from analysts.,-Institutional investors hold significant positions, reinforcing market confidence.,-Quarterly earnings beat expectations with a positive growth outlook.,Moelis & Co, part of t...