Top 5 Financial Stocks To Watch Right Now

New York, NY, based Investment company Luxor Capital Group, LP buys Altaba Inc, iShares Russell 2000, IAC/InterActiveCorp, ANGI Homeservices Inc, Voya Financial Inc, Forestar Group Inc, The Meet Group Inc, HC2 Holdings Inc, sells La Quinta Holdings Inc, PowerShares QQQ Trust Series 1, GrubHub Inc, Golar LNG, Ally Financial Inc during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Luxor Capital Group, LP. As of 2017-12-31, Luxor Capital Group, LP owns 33 stocks with a total value of $3.5 billion. These are the details of the buys and sells.

New Purchases: IWM, ANGI, FOR, Added Positions: AABA, IAC, VOYA, MB, H, MEET, VDTH, SPY, HCHC, Reduced Positions: GRUB, GLNG, ALLY, AMZN, NXST, LBTYK, DHXM, CJ, AMC, Sold Out: LQ, QQQ, FB, YNDX,

For the details of Luxor Capital Group, LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Luxor+Capital+Group%2C+LP

These are the top 5 holdings of Luxor Capital Group, LPPowerShares QQQ Trust Series 1 (QQQ) – 5,830,000 shares, 25.8% of the total portfolio. SPDR S&P 500 (SPY) – 3,030,000 shares, 22.97% of the total portfolio. Altaba Inc (AABA) – 3,665,254 shares, 7.27% of the total portfolio. Shares added by 331.64%IAC/InterActiveCorp (IAC) – 1,735,493 shares, 6.03% of the total portfolio. Shares added by 50.06%MINDBODY Inc (MB) – 6,220,410 shares, 5.38% of the total portfolio. Shares added by 8.72%New Purchase: iShares Russell 2000 (IWM)

Luxor Capital Group, LP initiated holding in iShares Russell 2000. The purchase prices were between $145.63 and $154.3, with an estimated average price of $150.26. The stock is now traded at around $153.33. The impact to a portfolio due to this purchase was 2.55%. The holding were 589,845 shares as of 2017-12-31.

Top 5 Financial Stocks To Watch Right Now: Petroleum Resources Corporation(PEO)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Wednesday, financial shares fell 0.13 percent. Meanwhile, top losers in the sector included Adams Natural Resources Fund Inc (NYSE: PEO), down 4 percent, and Old Point Financial Corporation (NASDAQ: OPOF) down 3 percent.

Top 5 Financial Stocks To Watch Right Now: CBOE Holdings Inc.(CBOE)

Advisors’ Opinion:

  • [By Saumya Vaishampayan
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    Those who dabble in derivatives tied to the CBOE (CBOE) Volatility Index are placing bets that pay out if the stock market keeps swinging, and especially if it drops.

  • [By David Zeiler]

    Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.

  • [By David Zeiler]

    Bats Global Markets was acquired on Feb. 28 by the Chicago Board Options Exchange (Nasdaq: CBOE).

    But the Bats BZX Exchange has had a bigger role than just serving as the place where the Winklevoss ETF will be listed…

  • [By CNNMoney Staff]

    Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.

  • [By Wayne Duggan]

    Wall Street has been watching bitcoin this week, with the price up another 39.8 percent to above $16,000 ahead of the highly anticipated launch of bitcoin futures trading by Cboe Global Markets Inc (NASDAQ: CBOE) starting Sunday. Bitcoin has been around for years, but bitcoin futures trading will make trading a breeze for average retail investors for the first time.

Top 5 Financial Stocks To Watch Right Now: Porter Bancorp Inc.(PBIB)

Advisors’ Opinion:

  • [By WWW.GURUFOCUS.COM]

    For the details of PATRIOT FINANCIAL PARTNERS GP, LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=PATRIOT+FINANCIAL+PARTNERS+GP%2C+LP

    These are the top 5 holdings of PATRIOT FINANCIAL PARTNERS GP, LPBanc of California Inc (BANC) – 2,850,564 shares, 27.82% of the total portfolio. Guaranty Bancorp (GBNK) – 1,891,767 shares, 23.36% of the total portfolio. Shares reduced by 19.22%Meta Financial Group Inc (CASH) – 347,069 shares, 14.02% of the total portfolio. Sterling Bancorp (STL) – 1,048,980 shares, 11.07% of the total portfolio. Shares reduced by 16.01%MBT Financial Corp (MBTF) – 2,060,302 sha

Top 5 Financial Stocks To Watch Right Now: Virtus Investment Partners Inc.(VRTS)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Virtus Investment Partners Inc (NASDAQ: VRTS) got a boost, shooting up 19 percent to $111.05 following Q3 results. Virtus Investment posted Q3 earnings of $1.64 per share on revenue of $82.3 million.

Top 5 Financial Stocks To Watch Right Now: Wells Fargo & Company(WFC)

Advisors’ Opinion:

  • [By JJ Kinahan]

    Elsewhere yesterday, the SPX telecom sector was the strongest, climbing 1%. Shares of Verizon Communications Inc. (NYSE: VZ), for example, climbed higher by 1.8% after a Wells Fargo & Co (NYSE: WFC) analyst upped VZ stock to “outperform” from “market perform,” noting the impending rollout of its next-generation 5G network.

  • [By Gregg Greenberg]

    Stocks of Wells Fargo (WFC) were up 4% last year, outperforming both the broader market and the overall financial sector. Erik Oja, equity analyst at S&P Capital IQ, said the megabank will shine even brighter in 2016 once higher interest rates kick in.  

     

    "We think Wells Fargo is best poised to benefit from higher rates due to its large deposit base and industry-leading loan growth," said Oja, adding that he expects much higher revenue growth in the coming year after a recent slowdown.

  • [By Zacks]

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    Zacks Investment Research

  • [By WWW.THESTREET.COM]

    Finally on Friday, the banks begin to report. This is a group that benefits both from President-elect Donald Trump’s proposed deregulation and from rising interest rates. Cramer was bullish on JPMorgan and Bank of America (BAC) , but held Wells Fargo (WFC) , another Action Alerts PLUS name, as his favorite in the group.

  • [By WWW.KIPLINGER.COM]

    OK, Wells Fargo & Co. (WFC) might not be the most popular name after its jaw-dropping accounts scandal, but so what? Its still a quality business with a quality stock.

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