Stock Research Monitor: CLM, EV, and LAZ
LONDON, UK / ACCESSWIRE / June 1, 2018/ If you want a free Stock Review on FII sign up now at www.wallstequities.com/registration. For today, WallStEquities.com draws investors' attention to the Asset Management space, which offers investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor. The account is held by a financial institution and includes checking writing privileges, credit cards, debit cards, and margin loans, among others. Under observation this morning are these four equities: Cornerstone Strategic Value Fund Inc. (NYSE AMER: CLM), Eaton Vance Corp. (NYSE: EV), Federated Investors Inc. (NYSE: FII), and Lazard Ltd (NYSE: LAZ). All you have to do is sign up today for this free limited time offer by clicking the link below.
Cornerstone Strategic Value Fund
US-domiciled Cornerstone Strategic Value Fund Inc.'s shares saw a slight decline of 0.20%, finishing Thursday's trading session at $15.20. A total volume of 210,447 shares was traded. The stock is trading below its 200-day moving average by 0.12%. Moreover, shares of the Company, which invests in public equity markets across the globe, have a Relative Strength Index (RSI) of 46.44.
On May 11th, 2018, Cornerstone Strategic Value Fund and Cornerstone Total Return Fund, Inc. (collectively, the "Funds"), each a closed-end management investment company, announced that in keeping with each Fund's previously adopted monthly distribution policy, they declared distributions. Each Fund's distribution policy provides for the resetting of the monthly distribution amount per share annually, based on each Fund's net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors. Get the full research report on CLM for free by clicking below at:
On Thursday, shares in Boston, Massachusetts headquartered Eaton Vance Corp. recorded a trading volume of 949,055 shares, which was above their three months average volume of 638,060 shares. The stock ended the session 1.81% lower at $53.80. The Company's shares have gained 1.59% over the previous three months and 15.53% over the past year. The stock is trading 0.21% above its 200-day moving average. Furthermore, shares of Eaton Vance, which through its subsidiaries, engages in the creation, marketing, and management of investment funds in the US, have an RSI of 37.65.
On May 02nd, 2018, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On May 29th, 2018, Eaton Vance announced that Ingrid Y. Jacobs has joined as Chief Diversity Officer. Based in Boston, Ms. Jacobs will lead the Firm's efforts to attract, develop, and retain a diverse workforce and to foster more inclusive work environments across its subsidiaries and affiliates. To experience our free membership services anytime/ anywhere and access the free report on EV, click to register at:
Shares in Pittsburgh, Pennsylvania-based Federated Investors Inc. closed at $24.27, down 1.26% from the last trading session. The stock recorded a trading volume of 1.79 million shares, which was above its three months average volume of 1.22 million shares. The Company's shares are trading 16.28% below their 50-day moving average. Additionally, shares of Federated Investors, which through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors, have an RSI of 27.01.
On May 15th, 2018, Federated Investors announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund, as of April 30th, 2018, is now available under the Products section of the Company's website.
On May 29th, 2018, research firm Keefe Bruyette upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. Join our big investor community at Wall St. Equities today and get your free report on FII at:
Hamilton, Bermuda-based Lazard Ltd's stock ended 0.69% lower at $51.44 with a total trading volume of 541,849 shares. The Company's shares have advanced 18.43% over the past year. The stock is trading above its 200-day moving average by 3.29%. Furthermore, shares of Lazard, which together with its subsidiaries, operates as a financial advisory and asset management firm worldwide, have an RSI of 37.01.
On May 15th, 2018, the Board of Directors of Lazard World Dividend & Income Fund, Inc., which is part of Lazard, has authorized the Fund to declare, pursuant to a level distribution policy, a monthly distribution of $0.07409 per share on its outstanding common stock. The distribution is payable on June 22nd, 2018, to shareholders of record on June 12th, 2018. The ex-dividend date is June 11th, 2018. Know more about LAZ in our free research coverage at:
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