Synovus Financial Corp. (NYSE:SNV) had its target price lifted by Barclays from $4.00 to $24.00 in a research note released on Tuesday morning. They currently have an underweight rating on the stock. Synovus Financial Corp. (NYSE:SNV) net profit margin is 17.70% and weekly performance is 3.71%. On last trading day company shares ended up $22.65. Analysts mean target price for the company is $3.63. Synovus Financial Corp. (NYSE:SNV) distance from 50-day simple moving average (SMA50) is -1.89%.
Investors Bancorp, Inc. (NASDAQ:ISBC) an existing Delaware corporation, and New Investors Bancorp, Inc. (“New Investors Bancorp”), the proposed holding company for Investors Bank, announced the completion of its conversion from the mutual holding company structure and related public offering. Investors Bank is now 100% owned by New Investors Bancorp and New Investors Bancorp is 100% owned by public stockholders. New Investors Bancorp sold a total of 219,580,695 shares of common stock at a purchase price of $10.00 per share in the offering. In connection with the completion of the conversion and stock offering, New Investors Bancorp changed its corporate name to Investors Bancorp, Inc. Investors Bancorp, Inc. (NASDAQ:ISBC) shares advanced 1.05% in last trading session and ended the day on $10.59. Its return on assets is 1.00 %. Investors Bancorp, Inc. (NASDAQ:ISBC) quarterly performance is 4.85%.
Raymond James lifts The St. Joe Company (NYSE:JOE) from to Outperform with a price target of $25. The St. Joe Company (NYSE:JOE) shares moved up 6.02% in last trading session and was closed at $22.89, while trading in range of $22.32 – $23.75. The St. Joe Company (NYSE:JOE) year to date (YTD) performance is 19.28%.
On May 7, United Financial Bancorp, Inc. (NASDAQ:UBNK) the holding company for United Bank (the “Bank”), announced results for pre-merger Rockville Financial, Inc. (“Rockville”) for the quarter ended March 31, 2014. Rockville was the legal acquirer in the merger of equals with United Financial, in a transaction that closed on April 30, 2014, and Rockville changed its name to United Financial Bancorp, Inc. at that time. Rockville had net income of $947,000, or $0.04 per diluted share, for the quarter ended March 31, 2014, compared to net income of $4.6 million, or $0.17 per diluted share, for the quarter ended March 31, 2013. Core net income for the first quarter of 2014 was $2.2 million (Non-GAAP), or $0.08 per diluted share, adjusted for $1.8 million (pre-tax) of expenses related to the transformational merger of equals between Rockville Financial, Inc. and United Financial Bancorp, Inc. announced on November 15, 2013, as well as $268,000 (pre-tax) net gains on sales of securities. United Financial Bancorp, Inc. (NASDAQ:UBNK) ended the last trading day at $13.21. Company weekly volatility is calculated as 2.93% and price to cash ratio as 13.00. United Financial Bancorp, Inc. (NASDAQ:UBNK) showed a positive weekly performance of 5.60%.
Centerstate Banks Inc (NASDAQ:CSFL) announced a quarterly dividend on Friday, May 2nd, AnalystRatings.Net reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.01 per share on Monday, June 30th. This represents a $0.04 annualized dividend and a dividend yield of 0.37%. The ex-dividend date is Wednesday, June 11th. CenterState Banks Inc (NASDAQ:CSFL) net profit margin is 12.30% and weekly performance is 0.3%. On last trading day company shares ended up $10.48. Analysts mean target price for the company is $13.40. CenterState Banks Inc (NASDAQ:CSFL) distance from 50-day simple moving average (SMA50) is -2.51%.
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