Tag: HST

  • Financial Sector New Highs: Wells Fargo (NYSE:WFC), Huntington Bancshares (NASDAQ:HBAN), Banco Santander (NYSE:SAN), Host Hotels and Resorts (NYSE:HST)

    Wells Fargo & Co (NYSE:WFC) is a bank holding company. The company has a market capitalization of $261.36 billion. It is expected to report FY 2014 first-quarter EPS of 96 cents on revenue of $20.59 billion, compared with a profit of 92 cents on revenue of $21.56 billion in the year-ago period. Wells Fargo & Co is trading at around $49.73 a share. In the past 12 months, the stock has gained 40.4 percent. Wells Fargo & Co (NYSE:WFC) shares after opening at $50.05 moved to $50.49 on last trade day and at the end of the day closed at $49.56. Company price to sales ratio in past twelve months was calculated as 5.53 and price to cash ratio as 0.82. Wells Fargo & Co (NYSE:WFC) showed a positive weekly performance of 0.55%.

    Huntington Bank has won eight awards of excellence for small-business and commercial middle-market banking from the financial services research firm Greenwich Associates. This is the second year in a row customers have recognized Huntington as a top bank nationally and regionally through Greenwich Associates. Huntington Bancshares Incorporated (NASDAQ:HBAN) shares fell 1.37% in last trading session and ended the day on $10.06. Huntington Bancshares Incorporated (NASDAQ:HBAN) return on equity ratio is recorded as 11.00% and its return on assets is 1.10%. Huntington Bancshares Incorporated (NASDAQ:HBAN) yearly performance is 42.70%.

    Banco Santander, S.A. (ADR) (NYSE:SAN) has received the wrath of a British watchdog, consequently fined $20.5 million for accusations levelled against it on financial advice it offered two years ago to its customers. This is part of the watchdog efforts of clamping down on misconducts carried out by banks on matters related to financial advice. Banco Santander, S.A. (ADR) (NYSE:SAN) shares moved down 0.91% in last trading session and was closed at $9.79, while trading in range of $ 9.79 – 9.96. Banco Santander, S.A. (ADR) (NYSE:SAN) year to date (YTD) performance is 10.50%.

    Host Hotels and Resorts Inc (NYSE:HST) pushed the Real Estate industry higher on Friday making featured real estate winner. The industry as a whole closed the day up 0.9%. By the end of trading, Host Hotels & Resorts rose $0.30 (1.5%) to $20.24 on light volume. Throughout the day, 4,500,496 shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 6,733,300 shares. The stock ranged in a price between $19.90-$20.29 after having opened the day at $20.04 as compared to the previous trading day’s close of $19.94.  Host Hotels and Resorts Inc (NYSE:HST) weekly performance is 2.91%. On last trading day company shares ended up $20.52. Host Hotels and Resorts Inc (NYSE:HST) distance from 50-day simple moving average (SMA50) is 6.03%. Analysts mean target Price for the company is $21.37.