Tag: KCAP

  • Financial Sector Unusual Volume: American Capital (NASDAQ:ACAS), Kimco Realty (NYSE:KIM), Money gram International (NASDAQ:MGI), KCAP Financial (NASDAQ:KCAP)

    American Capital Ltd. (NASDAQ:ACAS) on Mar. 31 announced that in the first quarter of 2014, it made open market purchases of 8.9 million shares of American Capital common stock, or 3.3% of the Company’s outstanding shares as of December 31, 2013. The shares were purchased at an average price of $15.38 per share, totaling $137 million. Starting in the third quarter of 2011, American Capital has made open market purchases of 101.6 million shares, or 29.4% of the Company’s outstanding shares as of June 30, 2011, at an average price of $11.74 per share, totaling $1.2 billion. American Capital Ltd. (NASDAQ:ACAS) shares after opening at $14.50 moved to $16.00 on last trade day and at the end of the day closed at $15.80. Company price to sales ratio in past twelve months was calculated as 8.75 and price to cash ratio as 13.53. American Capital Ltd. (NASDAQ:ACAS) showed a positive weekly performance of 8.26%.

    Kimco Realty Corp (NYSE:KIM)‘s stock had its “neutral” rating reaffirmed by Zacks in a report released on Thursday, Analyst Ratings Network reports. They currently have a $23.00 price target on the stock. Zacks‘s target price points to a potential upside of 5.31% from the stock’s previous close. Kimco Realty Corp (NYSE:KIM) shares advanced 0.18% in last trading session and ended the day on $21.98.KIM return on equity ratio is recorded as 9.49% and its return on assets is 60.36%. Kimco Realty Corp (NYSE:KIM) yearly performance is -9.10%.

    Western Union is a stalwart compared to its peers Money gram International Inc (NASDAQ:MGI) and Xoom Corporation (XOOM – Snapshot Report) given its strong brand name, deep reach in the U.S, superior customer service, fast penetration within high-growth international markets and wide presence at 515,000 locations in more than 220 countries. Money gram International Inc (NASDAQ:MGI) shares moved up 3.70% in last trading session and was closed at $17.65, while trading in range of $17.02 – 17.74. Money gram International Inc (NASDAQ:MGI) year to date (YTD) performance is -15.06%.

    On March 21, 2014, the board of directors (the “Board”) of KCAP Financial Inc (NASDAQ:KCAP) elected to not renew their engagement of Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm. The Board’s decision was recommended by the Audit Committee of the Board. Grant Thornton’s reports on the Company’s financial statements for the fiscal years ended December 31, 2013, 2012 and 2011, contained no adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. KCAP Financial Inc (NASDAQ:KCAP) weekly performance is 4.72%. On last trading day company shares ended up $8.66.KCAP Financial Inc (NASDAQ:KCAP) distance from 50-day simple moving average (SMA50) is 6.67% Analysts mean target price for the company is $9.09.