Research Reports Coverage on Asset Management Stocks -- WisdomTree Investments, American Capital, Legg Mason, and T. Rowe Price
NEW YORK, December 29, 2016 /PRNewswire/ --
Stock-Callers.com today monitors four Asset Management equities, which are: WisdomTree Investments Inc. (NASDAQ: WETF), American Capital Ltd (NASDAQ: ACAS), Legg Mason Inc. (NYSE: LM), and T. Rowe Price Group Inc. (NASDAQ: TROW). These companies belong to the Financials sector which ended in a deep hole on Wednesday, December 28th, 2016, with the NYSE Financial Sector Index sinking about 0.9%, while Financials companies in the S&P 500 Index posted a 0.9% decline in late afternoon trade. These stocks research reports can be downloaded now by simply registering for free at:
http://stock-callers.com/registration
WisdomTree Investments
New York-based WisdomTree Investments Inc.'s stock finished Wednesday's session 1.88% lower at $11.48 with a total trading volume of 1.21 million shares. The Company's shares have advanced 6.30% in the past month and 13.78% in the previous three months. The stock is trading 9.82% and 7.37% above its 50-day and 200-day moving averages, respectively. Additionally, shares of WisdomTree Investments, which through its subsidiaries, operates as an exchange-traded funds sponsor and asset manager, have a Relative Strength Index (RSI) of 50.73.
On December 13th, 2016, WisdomTree announced the WisdomTree US Quality Dividend Growth Fund (DGRW) recently surpassed $1 billion in assets. DGRW is designed to provide exposure to US large cap dividend-paying stocks with growth and quality characteristics and has an expense ratio of 0.28%. Your complete research report on WETF can be retrieved for free at:
http://stock-callers.com/registration/?symbol=WETF
American Capital
On Wednesday, shares in Bethesda, Maryland-based American Capital Ltd recorded a trading volume of 3.45 million shares, which was above their three months average volume of 2.53 million shares. The stock ended the session 0.23% lower at $17.67. The Company's shares have advanced 2.20% in the last one month, 3.82% in the previous three months, and 28.14% on an YTD basis. The stock is trading 2.56% above its 50-day moving average and 7.69% above its 200-day moving average. Moreover, shares of American Capital, which seeks to invest in senior debt mezzanine, unitranche, and equity financing for buyouts of private equity firms and direct in private and public companies, have an RSI of 60.36.
On December 15th, 2016, Ares Capital Corp. (ARCC) announced that it has received shareholder approval on all proposals for its definitive merger agreement under which ARCC will acquire American Capital, Ltd. An overwhelming majority of ARCC's shareholders who voted at the meeting approved the issuance shares of ARCC's common stock as well as the issuance of shares of ARCC's common stock in the merger, in accordance with NASDAQ listing rule requirements. ACAS free report is just a click away at:
http://stock-callers.com/registration/?symbol=ACAS
Legg Mason
Shares in Baltimore, Maryland-based Legg Mason Inc. closed the day 2.30% lower at $30.17 with a total trading volume of 699,850 shares. The stock is trading 2.76% below its 50-day moving average. Shares of the Company, which through its subsidiaries, 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 an RSI of 43.42.
On December 19th, 2016, Legg Mason announced an agreement with Shanda Group, Legg Mason's largest shareholder, which includes a commitment to appoint Tianqiao Chen, Chairman and CEO of Shanda Group, and Robert Chiu, President of Shanda Group, to its Board of Directors by June 01st, 2017. In that capacity, Mr. Chen will lead Shanda Group's efforts to assist Legg Mason in technology innovation, as well as business development and brand building in Asia, and China in particular. It is expected that Mr. Chen will also sit on the Nominating and Corporate Governance Committee, subject to satisfying applicable independence requirements under applicable law or listing rules. Sign up for your complimentary research report on LM at:
http://stock-callers.com/registration/?symbol=LM
T. Rowe Price
At the close, shares in Baltimore, Maryland-based T. Rowe Price Group Inc. finished 1.08% lower at $76.07. The stock recorded a trading volume of 547,824 shares. The Company's shares have advanced 4.74% in the last one month, 15.47% over the previous three months, and 9.64% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.09% and 7.63%, respectively. Furthermore, shares of T. Rowe Price, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions, have an RSI of 59.21.
On November 30th, 2016, the Company announced the hiring of Andrew Astley as global head of product, effective January 23rd, 2017. In leading the global product group, Mr. Astley will collaborate with the firm's investment and distribution teams to develop product strategies for US Equity, Global/International Equity, Fixed Income, and Asset Allocation. Register for free on Stock-Callers.com and download the latest research report on TROW at:
http://stock-callers.com/registration/?symbol=TROW
--
Stock Callers:
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 [email protected]. 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.
NO WARRANTY
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
http://stock-callers.com/legal-disclaimer/
CONTACT
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:
Email: [email protected]
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
Share this article