Tag: RCS Capital

  • Financial Sector Overbought Stocks: HDFC Bank (NYSE:HDB), Taubman Centers (NYSE:TCO), Federated National Holding (NASDAQ:FNHC), RCS Capital (NYSE:RCAP)

    HDFC Bank Limited (ADR) (NYSE:HDB) customers back in India would be happy to hear that the bank’s partnership with Xoom Corp (NASDAQ:XOOM) will let them receive their money from abroad instantly. Uptill now, money transfer services to India takes at least five days or more to transfer the money into the recipient account, but with Xoom, this will become instant. Xoom, a premier name in digital money transfer services, will provide the instant money transfer services throughout the year, even on bank holidays. On top of this, Xoom will provide locked-in exchange rates for money transfers to India and will not charge any additional fee, if the money transferred through U.S. bank account and is more than $1,000. HDFC Bank Limited (ADR) (NYSE:HDB) shares after opening at $40.84 moved to $41.07 on last trade day and at the end of the day closed at $41.03. Company price to sales ratio in past twelve months was calculated as 4.78 and price to cash ratio as 6.62. HDFC Bank Limited (ADR) (NYSE:HDB) showed a positive weekly performance of 5.12%.

    Taubman Centers (NYSE:TCO) s stock had its “neutral” rating restated by Zacks in a research note issued on Friday, Stock Ratings Network.com reports. They currently have a $73.00 price target on the stock. Zacks‘s target price would suggest a potential upside of 4.32% from the stock’s previous close. Taubman Centers, Inc. (NYSE:TCO) shares advanced 1.07% in last trading session and ended the day on $70.79.TCO return on equity ratio is recorded as -100.80% and its return on assets is 3.20%. Taubman Centers, Inc. (NYSE:TCO) yearly performance is 199.70%.

    One stock that might be an intriguing choice for investors right now is Federated National Holding Co(NASDAQ:FNHC) because this security in the Property & Casualty Insurance space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. Federated National Holding Co (NASDAQ:FNHC) shares moved up 4.99% in last trading session and was closed at $18.32, while trading in range of $17.27 – 18.40. Federated National Holding Co(NASDAQ:FNHC) year to date (YTD) performance is 25.14%.

    RCS Capital Corp (NYSE:RCAP) announced the appointment Andrew G. Back man, who will assume the responsibility of the company’s newly created role of Managing Director- Investor Relations and Public Relations, with effect from March 24, 2014. Back man, who comes with more than 20-year of industry rich experience will help the company in its international as well as domestic strategies. In his previous assignment, Backman was associated with a New York based Investor Relations advisory firm, In Vision Investor Relations Inc. RCS Capital Corp (NYSE:RCAP) weekly performance is 13.07%. On last trading day company shares ended up $32.98. RCS Capital Corp (NYSE:RCAP) distance from 50-day simple moving average (SMA50) is 55.32%. Analysts mean target price for the company is $25.00.