Investment Partners Ltd. OH ADV reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 24.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,284 shares of the company’s stock after selling 425 shares during the period. Investment Partners Ltd. OH ADV’s holdings in iShares Russell Mid-Cap ETF were worth $265,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in IWR. Front Row Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $170,000. Corundum Group Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $202,000. Nicollet Investment Management Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $204,000. Nicolet Bankshares Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at $212,000. Finally, Well Done LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $220,000.
Hot Bank Stocks To Watch Right Now: Polaris Industries Inc.(PII)
Polaris Industries Inc., a Minnesota corporation, was formed in 1994 and is the successor to Polaris Industries Partners LP. The terms “Polaris,” the “Company,” “we,” “us,” and “our” as used herein refer to the business and operations of Polaris Industries Inc., its subsidiaries and its predecessors, which began doing business in the early 1950’s. We design, engineer and manufacture Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use, Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, together with the related Parts, Garments and Accessories (PG&A). These products are sold through dealers and distributors principally located in the United States, Canada, Western Europe, Australia and Mexico. Advisors’ Opinion:
- [By Rich Duprey]
Amid slack sales for off-road vehicles and a declining motorcycle market, Polaris Industries (NYSE:PII) is counting on the boating market to provide growth for the powersports vehicle maker as it recently made its second acquisition in the space in the span of a year.
- [By Rich Duprey]
Polaris Industries (NYSE:PII) is looking better after a fourth-quarter earnings beat, despite motorcycle sales plunging by double-digit rates. Improvement in sales of off-road vehicles, and its acquisition of Boat Holdings last year, helped the powersports vehicle manufacturer beat Wall Street earnings estimates by a penny per share.
- [By Max Byerly]
Polaris Industries (NYSE:PII)’s stock had its “buy” rating reaffirmed by equities researchers at Longbow Research in a research note issued on Friday.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Polaris Industries (PII)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Bank Stocks To Watch Right Now: First Trust Energy Income and Growth Fund(FEN)
Energy Income and Growth Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of after-tax total return. The Fund invests in publicly traded master limited partnerships (MLPs) and related public entities in the energy sector. The Fund will invest at least 85% of its managed assets (including assets obtained through leverage) in securities of energy companies and energy sector MLPs, and will invest at least 65% of its managed assets in equity securities of such MLPs and MLP-related entities.
The Fund invests in industries, such as midstream oil and gas, coal, propane and marine transportation. The companies in which the Fund will invest are generally involved in the business of transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services. Energy Income and Growth Fund may also invest up to 35% of its managed assets in unregistered or otherwise restricted securities (including up to 10% in securities issued by private companies), and up to 25% of its managed assets in debt securities of energy companies and MLPs, including securities rated below investment grade (commonly referred to as junk bonds). The Funds investment advisor is First Trust Advisors L.P. Its sub-advisor is Fiduciary Asset Management, LLC.
- [By Max Byerly]
First Trust Energy Income & Growth Fund (NYSEAMERICAN:FEN) was the target of a significant growth in short interest during the month of September. As of September 28th, there was short interest totalling 48,349 shares, a growth of 530.7% from the September 14th total of 7,666 shares. Based on an average daily volume of 77,969 shares, the days-to-cover ratio is presently 0.6 days.
- [By Shane Hupp]
Shares of Frenkel Topping Group Plc (LON:FEN) hit a new 52-week low during mid-day trading on Wednesday after FinnCap lowered their price target on the stock from GBX 65 to GBX 45. FinnCap currently has a corporate rating on the stock. Frenkel Topping Group traded as low as GBX 35 ($0.47) and last traded at GBX 37 ($0.49), with a volume of 388157 shares trading hands. The stock had previously closed at GBX 46.80 ($0.62).
Hot Bank Stocks To Watch Right Now: Lexington Realty Trust(LXP)
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset management services to institutional investors in the net lease area. As of June 30, 2005, the company operated 185 properties and managed 2 properties. Lexington Corporate Properties Trust has elected to qualify as a REIT for federal income tax purposes. As a REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. The company was founded in 1991 and is based in New York City.
- [By Ethan Ryder]
Lexington Realty Trust (NYSE:LXP) – Stock analysts at Jefferies Financial Group lowered their Q2 2019 earnings per share (EPS) estimates for Lexington Realty Trust in a research note issued to investors on Wednesday, February 27th. Jefferies Financial Group analyst J. Petersen now anticipates that the real estate investment trust will post earnings of $0.20 per share for the quarter, down from their prior estimate of $0.21. Jefferies Financial Group also issued estimates for Lexington Realty Trust’s Q3 2019 earnings at $0.19 EPS, Q4 2019 earnings at $0.18 EPS, FY2019 earnings at $0.77 EPS, Q1 2020 earnings at $0.19 EPS, Q2 2020 earnings at $0.20 EPS and Q4 2020 earnings at $0.21 EPS.
- [By Logan Wallace]
TRADEMARK VIOLATION NOTICE: “Lexington Realty Trust (LXP) Scheduled to Post Quarterly Earnings on Wednesday” was reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at www.tickerreport.com/banking-finance/4164994/lexington-realty-trust-lxp-scheduled-to-post-quarterly-earnings-on-wednesday.html.