Tag: CYS Investments

  • Mortgage Investment: Ocwen Financial (NYSE:OCN), CYS Investments (NYSE:CYS), Nationstar Mortgage (NYSE:NSM), Shoppers Drug Mart (TSE:SC)

    Ocwen Financial Corp (NYSE:OCN)‘s stock had its “buy” rating restated by equities researchers at Bank of America in a research report issued on Tuesday, AnalystRatings.NET reports. They currently have a $57.00 target price on the stock, down from their previous target price of $68.00. Bank of America’s target price points to a potential upside of 55.10% from the stock’s previous close. Ocwen Financial Corp (NYSE:OCN) shares after opening at $39.36 moved to $40.16 on last trade day and at the end of the day closed at $40.16. Company price to sales ratio in past twelve months was calculated as 2.69 and price to cash ratio as 30.51. Ocwen Financial Corp (NYSE:OCN) showed a positive weekly performance of 0.65%.

    CYS Investments (NYSE:CYS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Wednesday, StockRatingsNetwork.com reports. The firm currently has a $8.80 target price on the stock. Zacks‘s price target suggests a potential downside of 1.23% from the stock’s previous close. CYS Investments Inc (NYSE:CYS) shares advanced 0.11% in last trading session and ended the day on $8.92. CYS return on equity ratio is recorded as -27.30% and its return on assets is -2.70%. CYS Investments Inc (NYSE:CYS) yearly performance is -15.29%.

    Shares in Nationstar Mortgage Holdings Inc. edged 7.85% higher, ending Thursday’s session at $32.68 with a trading volume of 2.16 million shares, which is above the three months average volume of 1.40 million shares. During the session, the stock fluctuated between $30.40 and $33.68. Nationstar Mortgage Holdings Inc (NYSE:NSM) shares moved up 4.89% in last trading session and was closed at $32.80, while trading in range of $32.12-$33.47. Nationstar Mortgage Holdings Inc (NYSE:NSM) year to date performance is -11.26%.

    Shoppers Drug Mart (TSE:SC) announced a Quarterly dividend on Wednesday, March 12th, AnalystRatings.Net reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.285 per share on Tuesday, April 1st. This represents a dividend yield of 1.89%. The ex-dividend date is Wednesday, March 12th. Shoppers Drug Mart Corporation (TSE:SC) weekly performance is -5.16%. On last trading day company shares ended up $60.22. Shoppers Drug Mart Corporation (TSE:SC) distance from 50-day simple moving average is -7.43%. Analysts mean target price for the company is $28.69.