NEW YORK, January 6, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on four Asset Management equities, namely: Apollo Investment Corp. (NASDAQ: AINV), Northern Trust Corp. (NASDAQ: NTRS), Central Fund of Canada Ltd (NYSE MKT: ), and Lazard Ltd (NYSE: LAZ). According to an article on Business Insider, Moody's downgraded its outlook for the global Asset Management industry to negative due to trends, such as lackluster active management performance, global regulation and increasing cost consciousness, which has led investors to move away from actively managed funds and into low-cost passive products like exchange-traded funds. These stocks research reports can be downloaded now by simply registering for free at:
Apollo Investment Corp.'s stock finished Thursday's session 0.49% higher at $6.12 with a total trading volume of 1.52 million shares. The Company's shares have advanced 4.55% in the past month, 5.25% over the previous three months, and 4.44% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.19% and 11.04%, respectively. Furthermore, shares of Apollo Investment, which provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans, have a Relative Strength Index (RSI) of 68.66.
On November 08th, 2016, Apollo Investment announced that its net investment income was $0.18 per share for the quarter ended September 30th, 2016, compared to $0.16 per share for the quarter ended June 30th, 2016. The Company's net asset value was $6.95 per share as of September 30th, 2016, compared to $6.90 as of June 30th, 2016. Your complete research report on AINV can be retrieved for free at:
Shares in Chicago, Illinois-based Northern Trust Corp. ended at $90.10, slightly down 0.43% from the last trading session. The stock recorded a trading volume of 1.26 million shares. The Company's shares have gained 5.50% in the last one month, 25.90% over the previous three months, and 1.18% since the start of this year. The stock is trading 9.48% above its 50-day moving average and 25.72% above its 200-day moving average. Moreover, shares of Northern Trust, which provides asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals worldwide, have an RSI of 67.60.
On December 20th, 2016, Northern Trust announced that it will webcast its Q4 2016 earnings conference call live on January 18th, 2017. The call will be conducted at 11:00 a.m. CT, following the release that morning of Northern Trust's Q4 2016 earnings press release.
On January 03rd, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $80 a share to $95 a share. NTRS free report is just a click away at:
Central Fund of Canada
Canada-domiciled Central Fund of Canada Ltd's stock ended yesterday's session 1.97% higher at $11.90 with a total trading volume of 787,693 shares. The Company's shares have advanced 0.08% in the past month and 5.40% on an YTD basis. The stock is trading 2.98% below its 50-day moving average. Additionally, shares of Central Fund of Canada, which invests in the commodity markets, have an RSI of 50.29. Sign up for your complimentary research report on CEF at:
At the close on Thursday, shares in Hamilton, Bermuda-based Lazard Ltd recorded a trading volume of 1.13 million shares, which was above their three months average volume of 944,490 shares. The stock finished 2.44% lower at $41.59. The Company's shares have gained 16.78% in the previous three months and 1.22% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.97% and 16.21%, respectively. Furthermore, shares of Lazard, which together with its subsidiaries, operates as a financial advisory and asset management firm worldwide, have an RSI of 53.10.
On January 05th, 2017, Lazard announced that Kenichi Ohashi has joined the firm as a Managing Director in Financial Advisory, effective immediately. Based in Tokyo, Mr. Ohashi was previously a Managing Director and Vice Chairman of Investment Banking at Bank of America Merrill Lynch Japan. During Mr. Ohashi's nearly 25-year career in M&A, he most recently advised Japanese and international corporations in Consumer & Retail, Technology and General Industries for 10 years at Bank of America Merrill Lynch Japan. He previously worked at Morgan Stanley Japan Securities, and Lehman Brothers in Tokyo and New York.
Yesterday, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on Stock-Callers.com and download the latest research report on LAZ at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA