Technical Reports on Asset Management Stocks -- Fortress Investment, Janus Capital, Legg Mason, and New Mountain Finance
NEW YORK, May 25, 2017 /PRNewswire/ --
Featured on Stock-Callers.com today is the Asset Management industry, which includes companies that manage the financial assets of corporate, institutional, and individual clients. Under assessment this morning are: Fortress Investment Group LLC (NYSE: FIG), Janus Capital Group Inc. (NYSE: JNS), Legg Mason Inc. (NYSE: LM), and New Mountain Finance Corp. (NYSE: NMFC). Download the free research reports on these stocks today:
http://stock-callers.com/registration
Fortress Investment
Fortress Investment Group LLC's shares gained 0.13%, closing Wednesday's trading session at $7.96. The stock recorded a trading volume of 538,643 shares. The Company's shares have advanced 63.79% since the start of this year. The stock is trading 30.19% above its 200-day moving average. Additionally, shares of Fortress Investment, which provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities, have a Relative Strength Index (RSI) of 39.86.
On May 03rd, 2017, Fortress Investment announced the successful close of the Fortress Secured Lending Fund ("FSLF"). The fund was oversubscribed, with total accepted capital of $590 million, nearly 20% over an original target of $500 million. FSLF will become the primary funding source for the Company's established specialty finance lending business, which has committed approximately $5 billion across over 80 lender finance transactions since 2006. See our free and comprehensive research report on FIG at:
http://stock-callers.com/registration/?symbol=FIG
Janus Capital
On Wednesday, shares in Janus Capital Group Inc. recorded a trading volume of 3.92 million shares, which was above their three months average volume of 2.04 million shares. The stock declined 1.17%, ending the day at $14.35. The Company's shares have advanced 6.69% in the past month, 13.71% in the previous three months, and 8.14% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.00% and 5.87%, respectively. Furthermore, shares of Janus Capital, which provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients, have an RSI of 60.40.
On May 02nd, 2017, VelocityShares, a Janus Capital Group brand, announced the launch of two new European volatility linked Exchange Traded Notes ("ETNs"): VelocityShares™ 1X Long VSTOXX Futures ETN linked to the VSTOXX Short-Term Futures Investable Index USD, and VelocityShares™ 1X Daily Inverse VSTOXX Futures ETN linked to the VSTOXX Short-Term Futures Inverse Investable Index USD. Both ETNs are linked to indices on VSTOXX Short-Term Futures, a widely traded measure of European equity market volatility. JNS free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=JNS
Legg Mason
Legg Mason Inc.'s stock finished the day 0.03% higher at $37.94 with a total trading volume of 563,872 shares. The Company's shares have advanced 1.80% in the previous three months and 26.85% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.19% and 11.66%, respectively. Additionally, shares of Legg Mason, which through its subsidiaries, provides investment management and related services to company-sponsored mutual funds and other investment vehicles, have an RSI of 57.43.
On May 10th, 2017, Legg Mason reported preliminary assets under management (AUM) of approximately $731 billion as of April 30th, 2017. This month's AUM included long-term outflows of $1.5 billion, consisting of net outflows in fixed income of $1.0 billion and equities of $0.6 billion, partially offset by alternatives inflows of $0.1 billion. Liquidity outflows were $0.2 billion, and this month's AUM included a negative foreign exchange impact of $0.1 billion. Sign up for your complimentary report on LM at:
http://stock-callers.com/registration/?symbol=LM
New Mountain Finance
Shares in New Mountain Finance Corp. ended yesterday's session 0.34% lower at $14.65. The stock recorded a trading volume of 272,681 shares. The Company's shares have advanced 3.90% since the start of this year. The stock is trading 2.98% above its 200-day moving average. Moreover, shares of New Mountain Finance, which specializes in investments in middle market companies and debt securities at various levels of the capital structure, have an RSI of 49.13.
On May 08th, 2017, New Mountain Finance announced its financial results for the quarter ended March 31st, 2017, and reported first quarter net investment income and adjusted net investment income of $0.34 per weighted average share. The Company also announced that its board of directors declared a second quarter distribution of $0.34 per share, which will be payable on June 30th, 2017, to holders of record as of June 16th, 2017. Register for free on Stock-Callers.com and download the latest research report on NMFC at:
http://stock-callers.com/registration/?symbol=NMFC
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