Hot Financial Stocks For 2019

We Are One Seven LLC bought a new position in shares of Raytheon (NYSE:RTN) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 4,566 shares of the aerospace company’s stock, valued at approximately $943,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RTN. Squar Milner Financial Services LLC bought a new position in Raytheon during the 2nd quarter worth $100,000. Rainier Group Investment Advisory LLC acquired a new stake in shares of Raytheon in the 1st quarter valued at $103,000. Clarus Wealth Advisors acquired a new stake in shares of Raytheon in the 2nd quarter valued at $113,000. Fort L.P. acquired a new stake in shares of Raytheon in the 2nd quarter valued at $117,000. Finally, Mainstay Capital Management LLC ADV boosted its holdings in shares of Raytheon by 19,218.3% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 25,307 shares of the aerospace company’s stock valued at $131,000 after purchasing an additional 25,176 shares in the last quarter. Institutional investors own 72.85% of the company’s stock.

Hot Financial Stocks For 2019: Macatawa Bank Corporation(MCBC)

Advisors’ Opinion:

  • [By Max Byerly]

    Chemical Financial (NASDAQ: CHFC) and Macatawa Bank (NASDAQ:MCBC) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, valuation, profitability and risk.

  • [By Ethan Ryder]

    BidaskClub upgraded shares of Macatawa Bank (NASDAQ:MCBC) from a buy rating to a strong-buy rating in a research note released on Friday morning.

    Separately, Hovde Group set a $11.00 price target on Macatawa Bank and gave the stock a hold rating in a research report on Monday, January 29th.

Hot Financial Stocks For 2019: Trustmark Corporation(TRMK)

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Trustmark (TRMK)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Stephan Byrd]

    Rhumbline Advisers lowered its position in Trustmark Corp (NASDAQ:TRMK) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,924 shares of the financial services provider’s stock after selling 7,773 shares during the quarter. Rhumbline Advisers owned about 0.18% of Trustmark worth $3,830,000 at the end of the most recent quarter.

  • [By Joseph Griffin]

    Trustmark (NASDAQ: TRMK) and Valley National Bank (NYSE:VLY) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings.

Hot Financial Stocks For 2019: Pebblebrook Hotel Trust(PEB)

Advisors’ Opinion:

  • [By Matthew DiLallo]

    Improving business travel demand during the first quarter drove Pebblebrook Hotel Trust (NYSE:PEB) to update its outlook earlier this month. Those travel trends turned out to be stronger than even its more optimistic expectations, helping the company to deliver results that were above the updated forecast. Because of that, the company is even more encouraged about what lies ahead in 2018.

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Pebblebrook Hotel Trust (PEB)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Pebblebrook Hotel Trust (PEB)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    Pebblebrook Hotel Trust (NYSE:PEB) has received a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $36.19.

Hot Financial Stocks For 2019: First Bancorp(FBNC)

Advisors’ Opinion:

  • [By Logan Wallace]

    Bank of New York Mellon Corp cut its stake in First Bancorp (NASDAQ:FBNC) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 193,183 shares of the financial services provider’s stock after selling 4,992 shares during the quarter. Bank of New York Mellon Corp owned about 0.65% of First Bancorp worth $7,903,000 as of its most recent SEC filing.

  • [By Stephan Byrd]

    First Bancorp (NASDAQ:FBNC) has been assigned a consensus recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $41.50.

  • [By Logan Wallace]

    First Bancorp (NASDAQ:FBNC) CEO Richard H. Moore purchased 1,250 shares of First Bancorp stock in a transaction dated Wednesday, September 19th. The shares were purchased at an average cost of $39.79 per share, with a total value of $49,737.50. Following the acquisition, the chief executive officer now owns 139,935 shares of the company’s stock, valued at approximately $5,568,013.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

  • [By Max Byerly]

    First Bancorp (NASDAQ:FBNC) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Monday.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on First Bancorp (FBNC)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

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