Tag: IVZ

  • Financial Sector New Highs: Essex Property Trust (NYSE:ESS), Huntington Bancshares Incorporated (NASDAQ:HBAN), Banco Santander (NYSE:SAN), Invesco (NYSE:IVZ)

    Essex Property Trust (NYSE:ESS) shares reached a new 52-week high on Tuesday after Barclays raised their price target on the stock from $171.00 to $180.00, American Banking Newsreports. Essex Property Trust Inc (NYSE:ESS) shares after opening at $170.72 moved to $174.00 on last trade day and at the end of the day closed at $174.00. Company price to sales ratio in past twelve months was calculated as 10.91 and price to cash ratio as 124.87. Essex Property Trust Inc (NYSE:ESS) showed a positive weekly performance of 2.69%.

    Shares of Huntington Bancshares (NASDAQ:HBAN) saw a significant drop in short interest in January. As of March 14th, there was short interest totalling 15,966,545 shares, a drop of 12.8% from the February 28th total of 18,306,242 shares, Stock Ratings News reports. Huntington Bancshares Incorporated (NASDAQ:HBAN) shares advanced 1.91% in last trading session and ended the day on $10.16. 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 43.10%.

    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 up 2.09% in last trading session and was closed at $ 9.78 while trading in range of $9.71 – $9.80 – Banco Santander, S.A. (ADR) (NYSE:SAN) year to date (YTD) performance is 10.38%.

    Invesco Ltd. (NYSE:IVZ) Canada has announced measures to streamline its offering of tax-efficient corporate class mutual funds. Effective April 1, 2014, Invesco Canada Fund Inc. will be amalgamated with Invesco Corporate Class Inc. Invesco Ltd. (NYSE:IVZ) weekly performance is 3.37%. On last trading day company shares ended up $37.46. Invesco Ltd. (NYSE:IVZ) distance from 50-day simple moving average (SMA50) is 9.22 %. Analysts mean target price for the company is $40.06.