EVA Dimensions LLC upgraded shares of Arthur J. Gallagher & Co. (NYSE:AJG) from an underweight rating to a hold rating in a report issued on Tuesday, AnalystRatings.NET reports. Arthur J. Gallagher & Co. (NYSE:AJG) shares after opening at $49.38 moved to $49.38 on last trade day and at the end of the day closed at $46.70. Company price to sales ratio in past twelve months was calculated as 1.95 and price to cash ratio as 20.76. Arthur J. Gallagher & Co. (NYSE:AJG) showed a negative weekly performance of -0.66%.
Cherry Hill Mortgage Investment Corp (NYSE:CHMI) reported GAAP net income for the fourth quarter of 2013 of $21.2 million, or $3.14 per diluted weighted average common share outstanding. Cherry Hill’s reported GAAP net income consisted of the following: $4.6 million of net interest income, a realized net loss of $0.5 million on the Agency RMBS portfolio, net realized and unrealized gains on derivatives of $2.8 million, a $15.6 million change in fair value of the Excess MSR portfolio, offset by general and administrative expenses and management fees paid to Cherry Hill’s external manager in the aggregate amount of approximately $1.2 million. Cherry Hill Mortgage Investment Corp (NYSE:CHMI) shares advanced 0.74% in last trading session and ended the day on $19.10.
0n 19 Feb, 2014 The India Fund (NYSE:IFN) announced that the Board of Directors approved a tender offer by the Fund to acquire in exchange for cash up to 15% of the Fund’s issued and outstanding shares at a price per share equal to 98% of the Fund’s net asset value per share as determined by the Fund on the next business day following the expiration date of the tender offer (the “Tender Offer”). The Tender Offer will commence on or about March 7, 2014. The India Fund, Inc. (NYSE:IFN) shares moved up 0.94% in last trading session and was closed at $22.59, while trading in range of $22.29-$22.63. The India Fund, Inc. (NYSE:IFN) year to date performance is 12.95%.
Federated National Holding Co (NASDAQ:FNHC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. The firm currently has a $16.70 price objective on the stock. Zacks‘s price objective suggests a potential upside of 5.43% from the company’s current price. Federated National Holding Co (NASDAQ:FNHC) weekly performance is 3.12%. On last trading day company shares ended up $17.52. Federated National Holding Co (NASDAQ:FNHC) distance from 50-day simple moving average is 22.87%. Analysts mean target price for the company is $15.50.