BBX Capital Corp Class A (BBX) Price Target Lowered to $14.50 at B. Riley

BBX Capital Corp Class A (NYSE:BBX) had its target price cut by equities research analysts at B. Riley from $15.00 to $14.50 in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the financial services provider’s stock. B. Riley’s price objective indicates a potential upside of 60.75% from the company’s current price.

A number of other research analysts have also issued reports on BBX. Zacks Investment Research upgraded shares of BBX Capital Corp Class A from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Monday, March 12th. Sidoti initiated coverage on shares of BBX Capital Corp Class A in a report on Monday, April 30th. They issued a “buy” rating and a $18.00 price objective for the company.

Get BBX Capital Corp Class A alerts:

NYSE BBX traded up $0.02 during trading hours on Thursday, reaching $9.02. The company’s stock had a trading volume of 9,897 shares, compared to its average volume of 662,128. The firm has a market cap of $867.08 million, a PE ratio of 12.53 and a beta of 1.78. BBX Capital Corp Class A has a 52 week low of $5.87 and a 52 week high of $10.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.39.

BBX Capital Corp Class A (NYSE:BBX) last issued its quarterly earnings data on Monday, May 7th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $218.00 million during the quarter, compared to analyst estimates of $205.49 million. BBX Capital Corp Class A had a net margin of 8.75% and a return on equity of 6.32%. research analysts anticipate that BBX Capital Corp Class A will post 0.47 earnings per share for the current fiscal year.

In other BBX Capital Corp Class A news, Director Charlie C. Winningham II sold 13,673 shares of the stock in a transaction that occurred on Friday, June 1st. The shares were sold at an average price of $9.10, for a total transaction of $124,424.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 81.80% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in BBX. Millennium Management LLC increased its position in BBX Capital Corp Class A by 334.4% during the 1st quarter. Millennium Management LLC now owns 911,424 shares of the financial services provider’s stock valued at $8,394,000 after purchasing an additional 701,619 shares during the period. BlackRock Inc. increased its position in BBX Capital Corp Class A by 3,703.7% during the 4th quarter. BlackRock Inc. now owns 482,920 shares of the financial services provider’s stock valued at $3,848,000 after purchasing an additional 470,224 shares during the period. Athanor Capital LP acquired a new stake in BBX Capital Corp Class A during the 1st quarter valued at approximately $2,809,000. Dimensional Fund Advisors LP increased its position in BBX Capital Corp Class A by 28.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,310,331 shares of the financial services provider’s stock valued at $12,068,000 after purchasing an additional 293,467 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in BBX Capital Corp Class A by 41.2% during the 1st quarter. Loomis Sayles & Co. L P now owns 798,702 shares of the financial services provider’s stock valued at $7,356,000 after purchasing an additional 233,087 shares during the period. 27.13% of the stock is owned by institutional investors and hedge funds.

BBX Capital Corp Class A Company Profile

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.

Hot Performing Stocks To Watch For 2019

tags:MOD,LPNT,SON,INXN,MSTR,

Vinay Rajani

In the month of June 2016, Jyothy Labs broke out from the long-term multi-month consolidation and registered an all-time high at Rs 471. Thereafter stock witnessed healthy correction of 16% from Rs 471 to Rs 396 in the next 2 weeks.

On 6th June 2018, the stock found support at Rs 396 and bounced sharply to surpass previous top of Rs 471 and registered a new all-time high placed at Rs 487 on 12th June 2018.

FMCG sector has been outperforming and Jyothi lab is also likely to extend the gains for investors. We recommend buying Jyothi Lab for the target of Rs 502 and keep a stop loss below Rs 445.

Disclaimer: The author is Technical Analyst, PCG Desk, HDFC Securities. The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Hot Performing Stocks To Watch For 2019: Modine Manufacturing Company(MOD)

Advisors' Opinion:

• [By Stephan Byrd]

  Modum (CURRENCY:MOD) traded 1% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on May 7th. One Modum token can currently be purchased for $3.01 or 0.00031911 BTC on cryptocurrency exchanges including Kucoin, IDEX, Binance and Mercatox. Over the last seven days, Modum has traded 9% higher against the U.S. dollar. Modum has a total market cap of $55.00 million and $789,835.00 worth of Modum was traded on exchanges in the last 24 hours.

• [By Max Byerly]

  SORL Auto Parts (NASDAQ: SORL) and Modine Manufacturing (NYSE:MOD) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, institutional ownership, valuation, analyst recommendations and risk.

• [By Joseph Griffin]

  Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

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

• [By Lisa Levin] Gainers Comstock Holding Companies, Inc. (NASDAQ: CHCI) shares surged 115.8 percent to $4.3591. Comstock reported conversion of the majority of its unsecured, short-term debt into non-convertible preferred equity. Stellar Biotechnologies, Inc. (NASDAQ: SBOT) jumped 38.2 percent to $3.0251 after the company disclosed that it achieved robust viral clearance for its manufacturing process. Universal Corporation (NYSE: UVV) surged 26.7 percent to $61.40 after reporting fiscal Q4 results. Hudson Technologies Inc. (NASDAQ: HDSN) rose 18.9 percent to $2.58. Evolus, Inc. (NASDAQ: EOLS) shares gained 17.8 percent to $22.8009. The Cato Corporation (NYSE: CATO) shares gained 17.5 percent to $21.07 after the company posted better-than-expected first-quarter results. Tyme Technologies, Inc. (NASDAQ: TYME) rose 15.9 percent to $3.3613. Destination Maternity Corporation (NASDAQ: DEST) shares gained 15.5 percent to $3.35 after the board announced late Wednesday the election of four activist-backed director nominees. Three women and one man comprise the selected group championed by NGM Capital’s Nathan Miller and Kenosis Capital’s Peter O’Malley. Destination Maternity had advocated for another slate of three men and interim CEO Melissa Payner-Gregor. The new directors are Holly Alden, Marla Ryan, Anne-Charlotte Windal and Christopher Morgan. AXT, Inc. (NASDAQ: AXTI) rose 15 percent to $7.65. nLIGHT, Inc. (NASDAQ: LASR) gained 14.5 percent to $34.27 following Q1 results. Achieve Life Sciences, Inc. (NASDAQ: ACHV) rose 14.3 percent to $11.4303. Bilibili Inc.. (NASDAQ: BILI) shares climbed 13.9 percent to $14.16 after announcing Q1 results. Babcock & Wilcox Enterprises, Inc. (NYSE: BW) gained 13.2 percent to $2.91 after an amended 13D filing from Steel Partners Holdings shows a raised stake in the company from 6.99 million shares to 29.98 million shares, or a 17.8 percent stake. HUYA Inc. (NYSE: HUYA) gained 13.1
• [By Shane Hupp]

  Get a free copy of the Zacks research report on Modine Manufacturing (MOD)

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

Hot Performing Stocks To Watch For 2019: LifePoint Health, Inc.(LPNT)

Advisors' Opinion:

• [By Lisa Levin] Companies Reporting Before The Bell Celgene Corporation (NASDAQ: CELG) is projected to report quarterly earnings at $1.96 per share on revenue of $3.46 billion. Aon plc (NYSE: AON) is expected to report quarterly earnings at $2.8 per share on revenue of $2.93 billion. American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) is estimated to report quarterly earnings at $0.81 per share on revenue of $1.75 billion. Alibaba Group Holding Limited (NYSE: BABA) is expected to report quarterly earnings at $0.88 per share on revenue of $9.27 billion. LifePoint Health, Inc. (NASDAQ: LPNT) is projected to report quarterly earnings at $1.13 per share on revenue of $1.62 billion. V.F. Corporation (NYSE: VFC) is estimated to report quarterly earnings at $0.65 per share on revenue of $2.90 billion. Newell Brands Inc. (NYSE: NWL) is expected to report quarterly earnings at $0.26 per share on revenue of $3.05 billion. Titan International, Inc. (NYSE: TWI) is projected to report quarterly earnings at $0.04 per share on revenue of $407.27 million. Boise Cascade Company (NYSE: BCC) is expected to report quarterly earnings at $0.45 per share on revenue of $1.09 billion. Cheniere Energy, Inc. (NYSE: LNG) is estimated to report quarterly earnings at $0.39 per share on revenue of $1.59 billion. Cboe Global Markets, Inc. (NASDAQ: CBOE) is projected to report quarterly earnings at $1.24 per share on revenue of $308.05 million. ITT Inc. (NYSE: ITT) is estimated to report quarterly earnings at $0.73 per share on revenue of $683.96 million. Fred's, Inc. (NASDAQ: FRED) is expected to report quarterly loss at $0.19 per share on revenue of $551.00 million. Virtu Financial, Inc. (NASDAQ: VIRT) is projected to report quarterly earnings at $0.52 per share on revenue of $288.31 million. Cheniere Energy Partners, L.P. (NYSE: CQP) is expected to report quarterly earnings at $0.57 per share on revenue of $1.38 billion. Genesis Energy, L.P

Hot Performing Stocks To Watch For 2019: Sonoco Products Company(SON)

Advisors' Opinion:

• [By Stephan Byrd]

  Get a free copy of the Zacks research report on Sonoco Products (SON)

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

• [By Ethan Ryder]

  Sonoco (NYSE: SON) and Packaging Co. of America (NYSE:PKG) are both industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, dividends, institutional ownership and valuation.

• [By Logan Wallace]

  American International Group Inc. decreased its position in shares of Sonoco (NYSE:SON) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,994 shares of the industrial products company’s stock after selling 6,634 shares during the period. American International Group Inc. owned 0.20% of Sonoco worth $9,651,000 at the end of the most recent quarter.

Hot Performing Stocks To Watch For 2019: InterXion Holding N.V.(INXN)

Advisors' Opinion:

• [By Stephan Byrd]

  Interxion (NYSE:INXN) had its price objective boosted by Citigroup from $68.00 to $75.00 in a research note issued to investors on Friday morning. Citigroup currently has a buy rating on the technology company’s stock.

• [By Shane Hupp]

  Interxion (NYSE:INXN) was the target of unusually large options trading on Tuesday. Traders acquired 960 call options on the company. This is an increase of 1,584% compared to the typical daily volume of 57 call options.

• [By Max Byerly]

  Jacobson & Schmitt Advisors LLC lessened its holdings in shares of Interxion (NYSE:INXN) by 1.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,697 shares of the technology company’s stock after selling 1,927 shares during the quarter. Interxion comprises approximately 4.4% of Jacobson & Schmitt Advisors LLC’s portfolio, making the stock its 5th biggest holding. Jacobson & Schmitt Advisors LLC owned 0.14% of Interxion worth $6,378,000 at the end of the most recent quarter.

Hot Performing Stocks To Watch For 2019: MicroStrategy Incorporated(MSTR)

Advisors' Opinion:

• [By Ethan Ryder]

  Get a free copy of the Zacks research report on MicroStrategy (MSTR)

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