Financial Sector Top Gainers: Nationstar Mortgage Holdings Inc (NYSE:NSM), OneBeacon Insurance Group, Ltd. (NYSE:OB), American Spectrum Realty, Inc. (NYSEMKT:AQQ)

Posted by on Feb 10, 2014

Shares of Nationstar Mortgage Holdings (NYSE:NSM) have earned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the company, AnalystRatings.Net reports. Seven analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $48.24. Nationstar Mortgage Holdings Inc (NYSE:NSM) stock opened at $26.39 in last trading session, and closed at $28.41, trading in the range of $26.39 – $29.98. The stock showed a positive weekly performance of 1.54%.

OneBeacon Insurance Group, Ltd. (NYSE:OB) reported book value per share of $11.58, an increase of 5.9% for the fourth quarter and 17.3% through twelve months, including dividends. For the fourth quarter, the company reported comprehensive income of $62 million, compared to a comprehensive loss of $15 million for the fourth quarter of 2012. Fourth quarter 2013 operating income was $23 million, or $0.24 per share, compared to a $12 million operating loss, or $0.13 per share for the fourth quarter of last year. OneBeacon Insurance Group, Ltd. (NYSE:OB) shares closed at $14.80 on last trade day, by gaining 6.02%. Stock 52 week range is $12.86 – $16.33. Company’s market capitalization is $1.41 billion.

American Spectrum Realty, Inc. (NYSEMKT:AQQ)announced that its operating partnership, ARC Properties Operating Partnership, L.P. (“ARCP OP”), and its wholly owned subsidiary, Clark Acquisition, LLC (“Merger Sub” and, together with ARCP OP, the “Issuers”), have closed a private offering of $2.55 billion aggregate principal amount of senior unsecured notes consisting of $1.3 billion aggregate principal amount of 2.000% senior notes due 2017, $750.0 million aggregate principal amount of 3.000% senior notes due 2019 and $500.0 million aggregate principal amount of 4.600% senior notes due 2024 (collectively, the “Notes”). American Spectrum Realty, Inc. (NYSEMKT:AQQ) stock advanced 11.79% and finished the last session at $1.32. The EPS of the stock remained -1.93. Company’s market capitalization is $4.92 billion.

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