NEW YORK, December 6, 2016 /PRNewswire/ --
Stock-Callers.com is checking out the most recent performances of some stocks in the Asset Management industry which are: Eaton Vance Corp. (NYSE: EV), Och-Ziff Capital Management Group LLC (NYSE: OZM), Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund (NYSE: NVG), and Affiliated Managers Group Inc. (NYSE: AMG). According to data from PricewaterhouseCoopers, the first ten months of 2016 alone had already seen $9.1 billion in M&A transactions, including two mega deals that totaled $5.8 billion. These stocks research reports can be downloaded now by simply registering for free at:
Boston, Massachusetts headquartered Eaton Vance Corp.'s stock finished Monday's session 1.70% higher at $40.71. A total volume of 1.01 million shares was traded, which was above their three months average volume of 806,020 shares. Over the last month and the previous three months, the Company's shares have advanced 16.35% and 3.17%, respectively. Additionally, the stock has gained 29.54% since the start of this year. Shares of the Company, which through its subsidiaries, engages in the creation, marketing, and management of investment funds in the US, are trading above their 50-day and 200-day moving averages by 7.06% and 13.75%, respectively. Moreover, shares of Eaton Vance have a Relative Strength Index (RSI) of 61.72.
On December 1st, 2016, Eaton Vance Management ("EVM"), a subsidiary of Eaton Vance Corp., and investment adviser to Eaton Vance Short Duration Diversified Income Fund (EVG), announced that Sarah Orvin, CFA, Vice President of EVM, has joined the portfolio management team of the Fund. The other members of the Fund's portfolio management team are Scott H. Page, CFA, Payson F. Swaffield, CFA, Catherine C. McDermott, Andrew Szczurowski, CFA and Eric Stein, CFA. Your complete research report on EV can be retrieved for free at:
Och-Ziff Capital Management
Shares in New York City-based Och-Ziff Capital Management Group LLC declined 1.63%, ending yesterday's session at $3.01 with a total trading volume of 393,388 shares. The stock has gained 3.44% in the past month. Shares of the Company, which provides investment advisory services for its clients, are trading 10.01% below their 50-day moving average. Moreover, Och-Ziff Capital Management Group's stock has an RSI of 45.60.
On November 7th, 2016, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'.
In an SEC filing dated December 2nd, 2016, Och-Ziff Capital Management posted estimated unaudited net returns for November 2016 from its most significant master funds. For OZ Master Fund, OZ Asia Master Fund and OZ Europe Master Fund, the company estimated gains of 1.51%, 1.30% and 0.02%, respectively. The Company also disclosed to investors in the funds that it manages that as of December 01st, 2016, the estimated unaudited amount of assets under management was approximately $37.1 billion, which reflects a net increase of approximately $0.1 billion since November 01st, 2016. OZM free report is just a click away at:
On Monday, US-domiciled Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund's stock rose 0.22%, to close the day at $13.94. A total volume of 688,052 shares was traded, which was above their three months average volume of 569,830 shares. The Company's shares have advanced 1.31% on an YTD basis. The stock is trading 6.55% below its 50-day moving average. Additionally, shares of the Company, which invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years, have an RSI of 30.91. Sign up for your complimentary research report on NVG at:
Shares in Prides Crossing, Massachusetts-based Affiliated Managers Group Inc. ended the day 1.98% higher at $149.99. A total volume of 442,905 shares was traded. The stock has gained 12.89% in the last one month and 5.77% in the previous three months. Shares of the Company, which through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the US, are trading above their 50-day moving average by 5.06%. Furthermore, Affiliated Managers' shares have an RSI of 59.00.
On October 31st, 2016, Affiliated Managers reported Q3 2016 diluted earnings per share of $2.00, compared to $1.96 for Q3 2015, and Economic earnings per share were $3.02, compared to $2.92 for Q3 2015. For the reported quarter, the company's net income was $109.2 million, compared to $107.7 million for Q3 2015. For Q3 2016, Affiliated Managers posted adjusted EBITDA of $219.8 million compared to $218.9 million for Q3 2015. Register for free on Stock-Callers.com and download the latest research report on AMG at:
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