Financial Stocks New Highs: Assured Guaranty (NYSE:AGO), Marsh & McLennan Companies (NYSE:MMC), F.N.B. (NYSE:FNB), EverBank Financial (NYSE:EVER)

Posted by on Mar 19, 2014

Shares of MBIA Inc. and Assured Guaranty Ltd (NYSE:AGO) jumped Tuesday after Standard & Poor’s lifted the bond insurers’ credit ratings. Assured Guaranty Ltd. (NYSE:AGO) shares after opening at $25.51 moved to $26.76 on last trade day and at the end of the day closed at $26.65. Company price to sales ratio in past twelve months was calculated as 4.10 and price to cash ratio as 45.98. Assured Guaranty Ltd. (NYSE:AGO) showed a positive weekly performance of 1.99%

Marsh & McLennan Companies (NYSE:MMC) CFO J. Michael Bischoff sold 11,997 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $49.39, for a total value of $592,531.83. Following the completion of the transaction, the chief financial officer now directly owns 5,959 shares in the company, valued at approximately $294,315. Marsh & McLennan Companies, Inc. (NYSE:MMC) shares advanced 0.32% in last trading session and ended the day on $50.14. Marsh & McLennan Companies, Inc. (NYSE:MMC) return on equity ratio is recorded as 19.10% and its return on assets is 8.30%. Marsh & McLennan Companies, Inc. (NYSE:MMC) yearly performance is 39.51%.

F.N.B. Corporation (NYSE:FNB) announced that it executed a balance sheet strategy to sell its entire portfolio of pooled trust preferred securities (TPS) with net proceeds of $51.6 million and a resulting pre-tax gain of $13.8 million. F.N.B. Corp (NYSE:FNB) shares moved up 0.61% in last trading session and was closed at $13.17, while trading in range of $13.04 – $13.20. F.N.B. Corp (NYSE:FNB) year to date (YTD) performance is 5.44%.

EverBank Financial Corp (NYSE:EVER) and the commercial finance industry at large is mourning the loss of industry leader and ELFA Director Jim McGrane, who passed away on March 13. EverBank Financial Corp (NYSE:EVER) weekly performance is 4.77%. On last trading day company shares ended up $19.77. EverBank Financial Corp (NYSE:EVER) distance from 50-day simple moving average (SMA50) is 10.89%. Analysts mean target price for the company is $19.41.

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