New York Community Bancorp
On Wednesday, shares in New York-based New York Community Bancorp Inc. recorded a trading volume of 5.20 million shares, which was above their three months average volume of 3.41 million shares. The stock ended the session 3.45% higher at $13.48. The Company’s shares have gained 7.50% in the last one month and 12.24% over the previous three months. The stock is trading 6.19% above its 50-day moving average and 2.47% above its 200-day moving average. Moreover, shares of the Company have a Relative Strength Index (RSI) of 66.83.
On November 27th, 2017, New York Community Bancorp’s Board of Directors declared a quarterly cash dividend on the Company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A at the rate of $15.94 per preferred share, which equates to $0.3984 for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock. The dividend will be payable on December 17th, 2017, to shareholders of record as of December 07th, 2017. Get started with a complimentary subscription and access to the free report on NYCB at: www.wallstequities.com/registration/?symbol=NYCB
California headquartered NMI Holdings Inc.’s stock closed the day 0.30% higher at $16.85 with a total trading volume of 463,564 shares. The Company’s shares have advanced 16.01% in the past month, 58.22% in the previous three months, and 58.22% since the start of this year. The stock is trading 18.52% and 39.88% above its 50-day and 200-day moving averages, respectively. Additionally, shares of NMI Holdings have an RSI of 73.74.
On November 02nd, 2017, research firm Compass Point reiterated its ‘Neutral’ rating on the Company’s stock with an increase of the target price from $13 a share to $16 a share.
On November 14th, 2017, National Mortgage Insurance Corporation, a subsidiary of NMI Holdings, has partnered with the National Association of Minority Mortgage Bankers of America (NAMMBA) as part of its continuing effort to help lenders work more effectively with minority borrowers. NAMMBA provides education and career development training for minorities and women who are in the Mortgage industry. It is actively involved with the US local, state, and national Mortgage Bankers Association chapters. Free research on NMIH can be accessed at: www.wallstequities.com/registration/?symbol=NMIH
Fidelity National Financial
Shares in Florida headquartered Fidelity National Financial Inc. recorded a trading volume of 1.13 million shares. The stock ended yesterday’s trading session 0.42% lower at $40.21. The Company’s shares have advanced 8.24% in the past month, 16.93% in the previous three months, and 64.03% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.13% and 24.59%, respectively. Furthermore, shares of the Company have an RSI of 68.81.
On November 20th, 2017, Fidelity National Financial (FNF) and Cannae Holdings, Inc. (“Cannae”) announced that the split-off of the latter from FNF has been completed. As a result, the two are now separate publicly traded companies. Cannae’s common stock began trading on the New York Stock Exchange under the symbol CNNEF that day. Visit WallStEquities.com now and sign up for the free research on FNF at: www.wallstequities.com/registration/?symbol=FNF
Hamilton, Bermuda-based Assured Guaranty Ltd’s stock finished Wednesday’s session 0.57% higher at $36.75 with a total trading volume of 641,150 shares. The stock is trading below their 50-day moving average by 2.21%. Shares of the Company, which through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the US and internationally, have an RSI of 48.47.
On November 02nd, 2017, Assured Guaranty (AGO) announced that James Michener, General Counsel and Secretary, will become Senior Advisor to Dominic Frederico, CEO, effective January 01st, 2018. Ling Chow, currently the General Counsel for the Company’s US subsidiaries, will become General Counsel and Secretary of AGO on that date. Mr. Michener will continue in his current position until the end of 2017. The free technical report on AGO is available at: www.wallstequities.com/registration/?symbol=AGO
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 firstname.lastname@example.org. 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 WSE. WSE 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.
WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.com/legal-disclaimer/
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:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
View original content:http://www.prnewswire.com/news-releases/pre-market-technical-scan-on-financial-equities—-new-york-community-nmi-holdings-fidelity-national-financial-and-assured-guaranty-300564227.html
SOURCE Wall St. Equities
To post and circulate your own press release on FIR and the eTN Network please click here