Guggenheim hoisted their target price on shares of The Allstate Corporation (NYSE:ALL) from $75.00 to $78.00 in a research note issued on Monday. The firm currently has a “buy” rating on the stock. Guggenheim’s price objective indicates a potential upside of 33.88% from the stock’s previous close. The Allstate Corporation (NYSE:ALL) net profit margin is 6.10% and weekly performance is 0.98%. On last trading day company shares ended up $58.67. Analysts mean target price for the company is $62.05. The Allstate Corporation (NYSE:ALL) distance from 50-day simple moving average (SMA50) is 3.68%.
Shares of MBIA Inc (NYSE:MBI) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 10,556,107 shares, an increase of 45.4% from the April 15th total of 7,258,230 shares, Analyst Ratings Network reports. Approximately 7.7% of the company’s stock are sold short. Based on an average daily volume of 2,720,308 shares, the short-interest ratio is currently 3.9 days. MBIA Inc. (NYSE:MBI) shares advanced 1.11% in last trading session and ended the day on $11.89. MBI return on assets is 2.00%. MBIA Inc. (NYSE:MBI) quarterly performance is -10.74%.
Berkshire Hathaway Inc (BRK.B) annual meeting has been called the “Woodstock for capitalists.” For tech giant Apple (AAPL), its Worldwide Developers Conference is on the same level — just for a different crowd. WWDC is generally where Apple introduces new products, software and innovations to the general public. Berkshire Hathaway Inc. (NYSE:BRK.B) shares moved down -0.36% in last trading session and was closed at $127.88, while trading in range of $127.37 – $128.75.
MGIC Investment Corp. (NYSE:MTG)’s Chief Operating Officer, Patrick Sinks, will lead a presentation at the 2014 KBW Mortgage Finance Conference in New York. The event will take place on June 3 at the Plaza Times Square. The presentation that will see the company’s executive provide highlight about the company’s opportunities, successes and possible challenges to the participating audiences, which are mostly industry players and investors. MGIC Investment Corp. (NYSE:MTG) ended the last trading day at $8.46. Company weekly volatility is calculated as 2.35% and price to cash ratio as 9.11. MGIC Investment Corp. (NYSE:MTG) showed a positive weekly performance of 0.83%.
The Chubb Corporation (NYSE:CB) EVP Harold Lawrence Jr. Morrison unloaded 8,000 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $92.25, for a total transaction of $738,000.00. Following the completion of the transaction, the executive vice president now directly owns 38,266 shares of the company’s stock, valued at approximately $3,530,039. The Chubb Corporation (NYSE:CB) net profit margin is 15.40% and weekly performance is 0.74%. On last trading day company shares ended up $92.49. Analysts mean target price for the company is $93.23. The Chubb Corporation (NYSE:CB) distance from 50-day simple moving average (SMA50) is 1.99%.