Stock Research Monitor: NOAH, OZM, and SEIC
LONDON, UK / ACCESSWIRE / June 19, 2018/ If you want a free Stock Review on PSEC sign up now at www.wallstequities.com/registration. Today, WallStEquities.com scans Noah Holdings Ltd (NYSE: NOAH), Och-Ziff Capital Management Group LLC (NYSE: OZM), Prospect Capital Corp. (NASDAQ: PSEC), and SEI Investments Co. (NASDAQ: SEIC). Demand in the Asset Management space is driven by demographic and market trends, such as the growing population of retirees and the accumulation of wealth and investable assets, as well as returns on investments. The profitability of individual companies depends on the volume and performance of the assets that they manage. All you have to do is sign up today for this free limited time offer by clicking the link below.
Shanghai, China headquartered Noah Holdings Ltd’s shares saw a decline of 1.54%, finishing Monday’s trading session at $60.25. A total volume of 291,759 shares was traded. In the previous three months and over the past year, the stock has surged 30.50% and 125.40%, respectively. The Company’s shares are trading above their 50-day and 200-day moving averages by 4.90% and 30.47%, respectively. Moreover, shares of Noah Holdings, which through its subsidiaries, operates as a wealth and asset management service provider with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in China, have a Relative Strength Index (RSI) of 48.35.
On May 29th, 2018, Noah Holdings announced its unaudited results for Q1 2018. Net revenues for Q1 2018 were RMB830.9 million (US$132.5 million), income from operations was RMB274.5 million (US$43.8 million), and net income attributable to Company shareholders was RMB268.5 million (US$42.8 million). As of March 31st, 2018, the Company had RMB2,151.4 million (US$343.0 million) in cash and cash equivalents. Get the full research report on NOAH for free by clicking below at:
Och-Ziff Capital Management Group
On Monday, shares in New York City-based Och-Ziff Capital Management Group LLC recorded a trading volume of 333,835 shares. The stock ended the session 0.94% lower at $2.11. The Company’s shares have gained 2.43% in the last month. The stock is trading 0.32% below its 50-day moving average. Furthermore, shares of the Company, which provides investment advisory services for its clients, have an RSI of 49.03. To experience our free membership services anytime/ anywhere and access the free report on OZM, click to register at:
Shares in Prospect Capital Corp. closed at $6.91, rising slightly by 0.14% from the last trading session. The stock recorded a trading volume of 1.03 million shares. The Company’s shares have gained 4.38% in the last month and 6.31% over the previous three months. The stock is trading 4.51% and 4.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Prospect Capital, which specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions, have an RSI of 68.57.
On June 04th, 2018, Prospect Capital announced that it has purchased $75 million of first lien senior secured floating rate notes and $5 million of revolving credit issued to support the acquisition of Eze Castle Integration, LLC ("ECI") by affiliates of H.I.G. Capital, LLC. Headquartered in Boston and founded in 1995, ECI is a leading provider of managed services and technology solutions to the alternative investment manager and other end user industry markets. Join our big investor community at Wall St. Equities today and get your free report on PSEC at:
Oaks, Pennsylvania-based SEI Investments Co.’s stock ended 0.08% higher at $65.98 with a total trading volume of 592,081 shares. The Company’s shares have advanced 1.76% in the last month and 21.60% over the past year. The stock is trading slightly below its 50-day moving average by 0.48%. Furthermore, shares of SEI Investments, which through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients, have an RSI of 47.98.
On May 30th, 2018, the Board of Directors of SEI Investments declared a regular semi-annual dividend of $0.30 per share, payable to shareholders of record on June 14th, 2018, with a payment date of June 22nd, 2018. The Board also announced an increase in its stock repurchase program by an additional $200 million, increasing the available authorization under the program to approximately $223 million. Know more about SEIC in our free research coverage at:
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