Tag: The First Marblehead Corporation

  • Decliners: NASB Financial (NASDAQ:NASB), Mesa Royalty Trust (NYSE:MTR), China Hgs Real Estate (NASDAQ:HGSH), Altisource Asset Management (NYSEMKT:AAMC), The First Marblehead (NYSE:FMD)

    NASB Financial (NASDAQ:NASB) major shareholder David H. Hancock purchased 65,000 shares of NASB Financial stock on the open market in a transaction dated Thursday, June 19th. The stock was purchased at an average price of $23.10 per share, with a total value of $1,501,500.00. Following the completion of the acquisition, the insider now directly owns 2,569,691 shares in the company, valued at approximately $59,359,862. NASB Financial, Inc. (NASDAQ:NASB) net profit margin is 33.90% and weekly performance is 6.16%. On last trading day company shares ended up $22.40. Analysts mean target price for the company is $41.74. NASB Financial, Inc. (NASDAQ:NASB) distance from 50-day simple moving average (SMA50) is-2.00%.

    On June 18, Mesa Royalty Trust (NYSE:MTR) announced the Trust income distribution for the month of June 2014. Unitholders of record on June 30, 2014 will receive distributions amounting to $0.275143898 per unit payable on July 31, 2014. The Trust received $257,168 and $53,043 from the New Mexico and Colorado portions of the San Juan Basin Properties. Royalty income from the Hugoton Properties totaled $213,871. Mesa Royalty Trust (NYSE:MTR) shares fell -6.36% in last trading session and ended the day on $33.24. MTR Gross Margin is 4.50% and its return on assets is 64.10%. Mesa Royalty Trust (NYSE:MTR) quarterly performance is 39.78%.

    China Hgs Real Estate Inc (NASDAQ:HGSH) shares moved down -7.26% in last trading session and was closed at $2.96, while trading in range of $2.86 – $3.29. China Hgs Real Estate Inc (NASDAQ:HGSH) year to date (YTD) performance is -50.28%.

    Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp bought 2,371 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The shares were purchased at an average price of $964.35 per share, with a total value of $2,286,473.85. Altisource Asset Management Corp (NYSEMKT:AAMC) ended the last trading day at $747.95. Company weekly volatility is calculated as 3.06% and price to cash ratio as 5.97. Altisource Asset Management Corp (NYSEMKT:AAMC) showed a negative weekly performance of -31.76%.

    On Jun 2, 2014, The First Marblehead Corporation (NYSE:FMD) announced that it has entered into an amendment to its loan program agreement with SunTrust Bank. The amendment extends the term of the loan program agreement through September 30, 2017 while reducing the Company’s funding requirements for credit enhancement on both a historical and prospective basis to approximately 50% of the amount required before the amendment was executed. The reduction in the level of credit enhancement will also lower the amount of administrative fee income to be received by the Company. The First Marblehead Corporation (NYSE:FMD) shares moved down -8.19% in last trading session and was closed at $4.26, while trading in range of $4.25 – $4.70. The First Marblehead Corporation (NYSE:FMD) year to date (YTD) performance is -42.35%.