Research analysts at JPMorgan Chase & Co. increased their price objective on shares of Investment Technology Group (NYSE:ITG) from $20.00 to $23.00 in a report released on Tuesday, StockRatingsNetwork reports. Investment Technology Group (NYSE:ITG) shares after opening at $18.66 moved to $19.61 on last trade day and at the end of the day closed at $19.54. Company price to sales ratio in past twelve months was calculated as 1.34 and price to cash ratio as 2.71. Investment Technology Group (NYSE:ITG) showed a positive weekly performance of 7.30%.
Analysts continue to weigh in on the Johnson-Crapo proposal for Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform and its expected long-term impact on capital markets. The Federal Mortgage Insurance Corporation is still years away even if the proposal does become law, but its impact on bond markets could be felt much sooner. Federal Home Loan Mortgage Corp (OTCBB:FMCC) shares fell -3.41% in last trading session and ended the day on $3.40. FMCC return on equity ratio is recorded as 8.10% and its return on assets is 4.70%. Federal Home Loan Mortgage Corp (OTCBB:FMCC) yearly performance is 66.32%.
China HGS Real Estate Inc. (Nasdaq: HGSH) announced that the Hanzhong government accepted the delivery of the two municipal roads that were constructed by the Company on March 21, 2014. China Hgs Real Estate Inc (NASDAQ:HGSH) shares moved up 5.42% in last trading session and was closed at $5.64, while trading in range of $ 5.35 – 5.90. China Hgs Real Estate Inc (NASDAQ:HGSH) year to date (YTD) performance is -5.21%.
United Security Bancshares, Inc. (NASDAQ:USBI) reported a 78.9% increase in net income to $3.9 million, or $0.65 per diluted share, for the year ended December 31, 2013, compared with $2.2 million, or $0.36 per diluted share, for the year ended December 31, 2012. Net income for the fourth quarter of 2013 rose 8.2% to $955,000, or $0.16 per diluted share, compared with net income of $883,000, or $0.15 per diluted share, for the fourth quarter of 2012. United Security Bancshares Inc. (NASDAQ:USBI) weekly performance is 6.79%. On last trading day company shares ended up $8.53. United Security Bancshares Inc. (NASDAQ:USBI) distance from 50-day simple moving average (SMA50) is 8.82%.