Tag: Marcus & Millichap

  • Financial Sector Losers: The St. Joe (NYSE:JOE), Amphastar Pharmaceuticals (NASDAQ:AMPH), China Housing & Land (NASDAQ:CHLN), Federated National (NASDAQ:FNHC), Marcus & Millichap (NYSE:MMI)

    Zacks downgraded shares of St. Joe (NYSE:JOE) from an outperform rating to a neutral rating in a report issued on Wednesday. They currently have $27.00 target price on the stock. The St. Joe Company (NYSE:JOE) net profit margin is 58.80% and weekly performance is -4.85%. On last trading day company shares ended up $24.35. Analysts mean target price for the company is $25.00. The St. Joe Company (NYSE:JOE) distance from 50-day simple moving average is 8.87%.

    Amphastar Pharmaceuticals, Inc. (Amphastar) (Nasdaq:AMPH), a specialty pharmaceutical company that focuses primarily on developing, manufacturing, marketing, and selling technically-challenging generic and proprietary injectable and inhalation products, announced that the underwriters of its initial public offering exercised in full their option to purchase from Amphastar 1,200,000 additional shares of its common stock at the initial public offering price of $7.00 per share. Amphastar Pharmaceuticals Inc (NASDAQ:AMPH) shares fell -6.26% in last trading session and ended the day on $9.14.

    On May 15, 2014 China Housing & Land Development, Inc. (NASDAQ:CHLN) announced its financial results for the quarter ended March 31, 2014. Total revenue in the first quarter of 2014 was $22.0 million compared to $56.1 million in the fourth quarter of 2013 and $51.4 million in the first quarter of 2013. China Housing & Land Development, Inc. (NASDAQ:CHLN) shares moved down -6.36% in last trading session and was closed at $1.62, while trading in range of $1.62-$1.75. China Housing & Land Development, Inc. (NASDAQ:CHLN) year to date performance is -30.17%.

    Federated National Holding Company (Nasdaq:FNHC), an insurance holding company, announced that it has been added as a member of the broad-market Russell 3000(R) and Russell 2000(R) Indexes after the equity markets closed on June 27, 2014 as Russell Investments reconstituted its comprehensive family of global indexes. Federated National Holding Co (NASDAQ:FNHC) ended the last trading day at $24.06. Company weekly volatility is calculated as 4.87% and price to cash ratio as 5.39. Federated National Holding Co (NASDAQ:FNHC) showed a negative weekly performance of -7.14%.

    Marcus & Millichap Inc (NYSE:MMI) just scored a major coup in the recruiting world. The commercial real estate firm wooed an entire team of veteran Atlanta office andindustrial property specialists.Thirty-five year veteran Paul Johnson leads the team, which includes Gary Lee, Robert Johnson, Korey Prefontaine, and Tanya Rader. Paul and Robert Johnson and Lee will serve as senior directors of the firm’s National Office and Industrial Properties Group. Prefontaine joins as director and Rader as analyst.Marcus & Millichap Inc (NYSE:MMI) net profit margin is 3.00% and weekly performance is -6.45%. On last trading day company shares ended up $23.48. Marcus & Millichap Inc (NYSE:MMI) distance from 50-day simple moving average is 14.70%.