NEW YORK, February 16, 2017 /PRNewswire/ --
Four equities in the Asset Management space have been lined up by Stock-callers.com today for evaluation, and they are: Legg Mason Inc. (NYSE: LM), T. Rowe Price Group Inc. (NASDAQ: TROW), Voya Financial Inc. (NYSE: VOYA), and Apollo Investment Corp. (NASDAQ: AINV). These companies are part of the Financials sector, which traded higher again on Wednesday, February 15th, 2017, with the NYSE Financials Sector Index adding around 0.4% in value in afternoon trade, although Financials companies in the S&P 500 Index were holding on to a 0.7% advance. These stocks research reports can be downloaded now by simply registering for free at:
On Wednesday, shares in Baltimore, Maryland-based Legg Mason Inc. recorded a trading volume of 1.01 million shares. The stock ended the session 1.15% higher at $36.00. The Company's shares have gained 14.54% in the last one month, 14.86% in the previous three months, and 20.36% on an YTD basis. The stock is trading 11.84% above its 50-day moving average and 12.45% above its 200-day moving average. Moreover, shares of Legg Mason, which through its subsidiaries, the firm provides investment management and related services to company-sponsored mutual funds and other investment vehicles including pension funds, foundations, endowments, sovereign wealth funds, insurance companies, private banks, family offices, individuals, as well as to global, institutional, and retail clients, have a Relative Strength Index (RSI) of 68.91.
On February 10th, 2017, Legg Mason reported preliminary assets under management of approximately $713.8 billion as of January 31st, 2017. The Company stated the AUM included long-term outflows of $2.5 billion. Liquidity outflows were $4.0 billion and the AUM included a positive foreign exchange impact of $3.7 billion. Your complete research report on LM can be retrieved for free at:
T. Rowe Price
Baltimore, Maryland-based T. Rowe Price Group Inc.'s stock closed the day 2.42% higher at $71.55. A total volume of 2.27 million shares was traded, which was above their three months average volume of 1.90 million shares. The Company's shares are trading 1.48% above their 200-day moving average. Additionally, shares of T. Rowe Price Group, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions, have an RSI of 54.78.
On January 26th, 2017, T. Rowe Price reported its Q4 2016 results, including net revenues of $1.1 billion, net income of $379.8 million, and diluted earnings per common share of $1.50. The firm recognized in its Q4 2016 operating expenses an insurance recovery of $100 million before taxes, or $.24 in diluted after-tax earnings per share. The recovery was a partial offset to the $166.2 million nonrecurring operating charge related to the Dell appraisal rights matter recorded in Q2 2016. A free report on TROW is just a click away at:
Shares in New York-based Voya Financial Inc. recorded a trading volume of 1.84 million shares, which was higher than their three months average volume of 1.67 million shares. The stock ended yesterday's trading session 2.10% higher at $42.88. The Company's shares have advanced 9.47% in the past month, 13.92% in the previous three months, and 9.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.88% and 32.52%, respectively. Furthermore, shares of Voya Financial, which operates as a retirement, investment, and insurance company in the US, have an RSI of 64.19.
On January 26th, 2017, research firm Citigroup initiated a 'Buy' rating on the Company's stock.
On February 13th, 2017, Voya Financial announced that it has expanded its suite of fixed index annuity products by introducing the new Voya Journey Index Annuity. Its innovative design provides individuals with a simple "two stage" interest-crediting approach that offers full growth potential, while providing protection from market declines. Sign up for your complimentary research report on VOYA at:
Apollo Investment Corp.'s stock finished Wednesday's session 0.81% higher at $6.22, with a total trading volume of 870,180 shares. The Company's shares have advanced 3.49% in the last one month, 6.79% over the previous three months, and 6.14% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.36% and 10.69%, respectively. Additionally, shares of Apollo Investment, which provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans, have an RSI of 65.30.
On February 06th, 2017, Apollo Investment announced that the Company's net investment income was $0.17 per share for the quarter ended December 31st, 2016, compared to $0.18 per share for the quarter ended September 30th, 2016. The Company's net asset value was $6.86 per share as of December 31st, 2016, compared to $6.95 as of September 30th, 2016. Register for free on Stock-Callers.com and download the latest research report on AINV at:
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