Top Financial Stocks To Own Right Now

Principal Financial Group Inc. reduced its position in AES Corp (NYSE:AES) by 0.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 970,303 shares of the utilities provider’s stock after selling 7,304 shares during the quarter. Principal Financial Group Inc. owned approximately 0.15% of AES worth $11,033,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its position in AES by 11.1% in the fourth quarter. Alliancebernstein L.P. now owns 1,503,377 shares of the utilities provider’s stock worth $16,282,000 after buying an additional 149,883 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in shares of AES by 136.1% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 29,554 shares of the utilities provider’s stock valued at $319,000 after purchasing an additional 17,034 shares in the last quarter. Mackenzie Financial Corp grew its position in shares of AES by 328.2% in the fourth quarter. Mackenzie Financial Corp now owns 580,771 shares of the utilities provider’s stock valued at $6,290,000 after purchasing an additional 445,147 shares in the last quarter. Ellington Management Group LLC purchased a new position in shares of AES in the fourth quarter valued at $1,989,000. Finally, Two Sigma Investments LP grew its position in shares of AES by 166.4% in the fourth quarter. Two Sigma Investments LP now owns 2,621,643 shares of the utilities provider’s stock valued at $28,392,000 after purchasing an additional 1,637,712 shares in the last quarter. 94.69% of the stock is owned by institutional investors and hedge funds.

Top Financial Stocks To Own Right Now: Rockwell Automation, Inc.(ROK)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Oppenheimer & Co. Inc. grew its stake in shares of Rockwell Automation (NYSE:ROK) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,037 shares of the industrial products company’s stock after buying an additional 168 shares during the period. Oppenheimer & Co. Inc.’s holdings in Rockwell Automation were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.

  • [By Joseph Griffin]

    Rockwell Automation (NYSE: ROK) and Oxford Instruments (OTCMKTS:OXINF) are both industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, profitability, earnings, dividends, valuation, risk and analyst recommendations.

  • [By Logan Wallace]

    Rockwell Automation (NYSE:ROK) VP Susan Schmitt sold 4,500 shares of the business’s stock in a transaction on Friday, August 24th. The shares were sold at an average price of $175.02, for a total transaction of $787,590.00. Following the sale, the vice president now owns 15,967 shares of the company’s stock, valued at approximately $2,794,544.34. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Top Financial Stocks To Own Right Now: Innovative Industrial Properties, Inc. (IIPR)

Advisors’ Opinion:

  • [By Reuben Gregg Brewer]

    There’s no question about it, marijuana is a very hot topic on Wall Street. With all the hype flying around, you might be tempted to jump aboard and buy a pot stock. However, you don’t actually need to do that to gain exposure to the industry and what is expected to be massive growth in demand. Instead, you can buy a supplier to the marijuana industry like The Scotts Miracle-Gro Company (NYSE:SMG) or Innovative Industrial Properties, Inc. (NYSE:IIPR). But which of these two is the better buy?

  • [By Dan Caplinger]

    Marijuana stocks have become exceedingly popular, but not everyone feels comfortable investing directly in the companies that produce and grow cannabis. Instead, some prefer to look at the companies that are in the business of helping marijuana producers maximize their growth business. Scotts Miracle-Gro (NYSE:SMG) provides fertilizers and equipment that individual and commercial operations can use to boost cannabis production, while Innovative Industrial Properties (NYSE:IIPR) is a real estate investment trust designed to help cannabis companies find the space they need while meeting all the regulatory requirements surrounding marijuana production facilities.

  • [By Sean Williams]

    If you want exposure to the fast-paced marijuana industry without the ups and downs that could come with harvesting the plant, small-cap real estate investment trust (REIT) Innovative Industrial Properties (NYSE:IIPR) could be a winner.

  • [By Sean Williams]

    If you’re looking for a reason behind the strong performance for marijuana-based real-estate investment trust (REIT) Innovative Industrial Properties (NYSE:IIPR), chalk it up to uniqueness. There’s simply no other publicly traded company (of reasonable size, by market cap) at the moment that operates with a REIT structure in the cannabis space.

Top Financial Stocks To Own Right Now: CNB Financial Corporation(CCNE)

Advisors’ Opinion:

  • [By Stephan Byrd]

    BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Thursday morning.

    A number of other research analysts have also recently issued reports on CCNE. ValuEngine cut shares of CNB Financial from a strong-buy rating to a buy rating in a report on Wednesday, May 2nd. Zacks Investment Research raised shares of CNB Financial from a sell rating to a hold rating in a report on Thursday, June 14th. Boenning Scattergood reaffirmed a buy rating on shares of CNB Financial in a report on Tuesday, April 17th. Finally, Keefe, Bruyette & Woods assumed coverage on shares of CNB Financial in a report on Tuesday, April 10th. They issued a market perform rating and a $35.00 price target for the company. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Buy and an average price target of $31.50.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on CNB Financial (CCNE)

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

  • [By Max Byerly]

    BidaskClub upgraded shares of CNB Financial (NASDAQ:CCNE) from a hold rating to a buy rating in a research note released on Wednesday morning.

    Several other equities research analysts have also issued reports on CCNE. Boenning Scattergood reissued a buy rating and set a $29.50 price target on shares of CNB Financial in a research report on Monday, February 5th. Zacks Investment Research lowered CNB Financial from a buy rating to a sell rating in a research report on Tuesday, February 20th. ValuEngine raised CNB Financial from a buy rating to a strong-buy rating in a research report on Monday, April 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on CNB Financial in a research report on Tuesday, April 10th. They set a market perform rating and a $35.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $31.50.

  • [By Ethan Ryder]

    CNB Financial (NASDAQ:CCNE) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.

  • [By Stephan Byrd]

    ILLEGAL ACTIVITY WARNING: “CNB Financial (CCNE) Rating Lowered to Sell at Zacks Investment Research” was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at www.tickerreport.com/banking-finance/3370450/cnb-financial-ccne-rating-lowered-to-sell-at-zacks-investment-research.html.

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