Harwood Feffer LLP is investigating potential claims against Prospect Capital Corporation (NASDAQ:PSEC) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws. Prospect Capital Corporation (NASDAQ:PSEC) net profit margin is 47.60% and weekly performance is 2.33%. On last trading day company shares ended up $10.10. Analysts mean target price for the company is $11.92. Prospect Capital Corporation (NASDAQ:PSEC) distance from 50-day simple moving average (SMA50) is -4.22%.
Deutsche Bank initiated coverage on shares of The Bank of New York Mellon Corporation (NYSE:BK) in a research note released on Thursday morning,TheFlyOnTheWall.com reports. The firm issued a hold rating and a $34.00 target price on the stock. The Bank of New York Mellon Corporation (NYSE:BK) shares advanced 0.06% in last trading session and ended the day on $34.59. Its return on assets is 0.70%. The Bank of New York Mellon Corporation (NYSE:BK) quarterly performance is 9.32%.
WisdomTree Investments, Inc. (NASDAQ:WETF) an exchange-traded product (“ETP”) sponsor and asset manager, announced the launch of the WisdomTree International Hedged Dividend Growth Fund (IHDG), and the WisdomTree Europe Dividend Growth Fund (EUDG) on the NYSE Arca. WisdomTree Investments, Inc. (NASDAQ:WETF) shares moved up 3.88% in last trading session and was closed at $10.72, while trading in range of $10.24 – $10.74. WisdomTree Investments, Inc. (NASDAQ:WETF) year to date (YTD) performance is -39.47%.
Investors demanded mostly higher relative yields to buy securities tied to rental houses managed by Blackstone Group LP (NYSE:BX)’s Invitation Homes as the largest single-family landlord completed the new market’s biggest deal. A $108.5 million portion of its $993 million transaction with the least protection against losses will pay yields that float at 375 basis points more than a borrowing benchmark, a person with knowledge of the sale said. That was the highest end of a range suggested in marketing earlier this week, and compares with a spread of 325 basis points for a similar slice of a $481 million deal by American Homes 4 Rent on May 13. The Blackstone Group L.P. (NYSE:BX) ended the last trading day at $31.18. Company weekly volatility is calculated as 2.05% and price to cash ratio as 19.16. The Blackstone Group L.P. (NYSE:BX) showed a positive weekly performance of 6.78%.
Invesco Ltd (NYSE:IVZ) was upgraded by equities research analystsat JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $42.00 target price on the stock, up from their previous target price of $41.00. JPMorgan Chase & Co.’s price objective points to a potential upside of 18.98% from the company’s current price. Invesco Ltd. (NYSE:IVZ) net profit margin is 23.50% and weekly performance is 2.83%. On last trading day company shares ended up $35.67. Analysts mean target price for the company is $40.72. Invesco Ltd. (NYSE:IVZ) distance from 50-day simple moving average (SMA50) is 1.01%.
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