Tag: USB

  • New Highs: Regions Financial Corporation (NYSE:RF), KeyCorp (NYSE:KEY), Applied Materials (NASDAQ:AMAT), U.S. Bancorp (NYSE:USB)

    Zacks reaffirmed their neutral rating on shares of Regions Financial Corp. (NYSE:RF) in a report issued on Tuesday, American Banking News.com reports. They currently have an $11.50 target price on the stock. Regions Financial Corporation (NYSE:RF) shares after opening at $10.82 moved to $11.18 on last trade day and at the end of the day closed at $11.09. Company price to sales ratio in past twelve months was calculated as 4.19 and price to cash ratio as 2.84. Regions Financial Corporation (NYSE:RF) showed a positive weekly performance of 3.16%.

    KeyCorp. (NYSE:KEY) is a bank holding company. It is a bank-based financial services company. KeyCorp is the parent holding company for KeyBank National Association (KeyBank), its principal subsidiary, through which most of its banking services are provided. KeyCorp (NYSE:KEY) shares advanced 1.65% in last trading session and ended the day on $14.20. KEY return on equity ratio is recorded as 8.90% and its return on assets is 1.00%. KeyCorp (NYSE:KEY) yearly performance is 43.58%.

    Applied Materials (NASDAQ:AMAT) was the recipient of a significant growth in short interest in the month of January. As of February 28th, there was short interest totaling 63,759,886 shares, a growth of 2.7% from the February 14th total of 62,107,260 shares, AnalystRatingsNetwork.com reports. Currently, 5.3% of the company’s shares are short sold. Based on an average daily trading volume, of 13,883,722 shares, the days-to-cover ratio is presently 4.6 days. Applied Materials, Inc. (NASDAQ:AMAT) shares moved up 0.52% in last trading session and was closed at $19.47, while trading in range of $19.26 – $19.76. Applied Materials, Inc. (NASDAQ:AMAT) year to date (YTD) performance is 10.69%.

    U.S. Bancorp (NYSE:USB) Bank is extending its award-winning FlexPerks Travel Rewards program into the business-to-business space with the launch of FlexPerks Corporate Rewards for commercial card programs. U.S. Bancorp (NYSE:USB) weekly performance is 0.59%. On last trading day company shares ended up $42.34. U.S. Bancorp (NYSE:USB) distance from 50-day simple moving average (SMA50) is 3.71%. Analysts mean target price for the company is $43.52.