Sterne Agee downgraded shares of Under Armour (NYSE:UA)from a buy rating to a neutral rating in a research note released on Thursday morning, TheFlyOnTheWall.com reports. They currently have $170.00 target price on the stock. The analysts noted that the move was a valuation call. Under Armour Inc (NYSE:UA) shares after opening at $122.45 moved to $122.99 on last trade day and at the end of the day closed at $120.16. Company price to sales ratio in past twelve months was calculated as 5.45 and price to cash ratio as 36.55. Under Armour Inc (NYSE:UA) showed a positive weekly performance of 2.39%.
BG Medicine, Inc. (NASDAQ:BGMD) a leading developer of unmet medical needs, has announced its fourth quarter and full year results for the period ending December 31, 2013. Going forward the company plans to develop market demand for its new addition Galectin-3-testing as well as, explore new indications and clinical claims for BGM galectin-3 Test. BG Medicine, Inc. (NASDAQ:BGMD) shares fell -5.21% in last trading session and ended the day on $1.82. BGMD return on equity ratio is recorded as -505.30% and its return on assets is -95.20%. BG Medicine, Inc. (NASDAQ:BGMD) yearly performance is -2.67%.
PBF Energy Inc. (NYSE:PBF) (“PBF Energy”) announced that the underwritten secondary offering (the “Offering”) of 15,000,000 shares of its Class A common stock by funds affiliated with First Reserve Management, L.P. (the “Selling Stockholders”) has been priced for total gross proceeds (before underwriter’s discounts and commissions) of approximately $382.5 million. The underwriter has offered the shares of Class A common stock at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter-market, through negotiated transactions or otherwise. The Selling Stockholders will receive all of the proceeds from the Offering. The offering is expected to close on or about March 26, 2014, subject to customary closing conditions. PBF Energy Inc (NYSE:PBF) shares moved down -6.30% in last trading session and was closed at $25.45, while trading in range of $25.26-$26.02. PBF Energy Inc (NYSE:PBF) year to date performance is -18.17%.
Western Asset Mortgage Capital Corp (NYSE:WMC) announced a quarterly dividend on Thursday, March 20th, StockRatingsNetworkreports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.67 per share on Tuesday, April 29th. This represents a $2.68 annualized dividend and a dividend yield of 15.79%. The ex-dividend date is Thursday, March 27th. Western Asset Mortgage Capital Corp (NYSE:WMC) weekly performance is 1.81%. On last trading day company shares ended up $16.85. Western Asset Mortgage Capital Corp (NYSE:WMC) distance from 50-day simple moving average is 7.66%. Analysts mean target price for the company is $14.87.