Business & Finance
Business and Finance
Business and Finance
Thu, March 21, 2013 Pre-Market Analysis on Blackstone, Apollo Investment, Senior Housing Properties Trust, Valley National Bancorp, and Och-Ziff Ca
Pre-Market Analysis on Blackstone, Apollo Investment, Senior Housing Properties Trust, Valley National Bancorp,... -- LONDON, March 21, 2013 /PRNewswire/ --
LONDON, March 21, 2013 /PRNewswire/ --
Equity markets rebounded on Wednesday after struggling in the previous three sessions as concerns over Cyprus's bailout eased a little. Market sentiment was also lifted after Federal Reserve, in its monetary policy statement, reiterated that it will continue with record low interest rates and its bond buying program. All three benchmark indexes posted gains on Wednesday, continuing their excellent run in 2013. While stocks are trading close to multi-year high levels, there are still some attractive valuations out there. One way of finding such opportunities is by looking for stocks that have high dividend yields. Within the Financial sector, The Blackstone Group L.P. (NYSE: [ BX ]), Apollo Investment Corp. (NASDAQ: [ AINV ]), Senior Housing Properties Trust (NYSE: [ SNH ]), Valley National Bancorp (NYSE: [ VLY ]), and Och-Ziff Capital Management Group LLC (NYSE: [ OZM ]) are some of high yielding dividend stocks. Financial sector had finished higher on Wednesday, tracking gains in the broad market. StockCall has posted free technical research on BX, AINV, SNH, VLY, and OZM which can be downloaded upon sign up at
[ http://www.stockcall.com/signup ]
The Blackstone Group L.P.'s shares rose sharply in Wednesday's trading session. The stock ended the day 1.10% higher at $20.30 on volume of 4.29 million after touching an intra-day high of $20.45. The company currently has a dividend yield of 8.28%. The company has a payout ratio of 127%. The private equity firm last paid a dividend in February 2013. Blackstone Group's shares have outperformed the S&P 500 this year, gaining more than 30%. The stock currently trades on a P/E multiple of 50.75. Sign up and read the complimentary report on BX at
[ http://www.StockCall.com/BX032113.pdf ]
Apollo Investment Corp.'s shares edged higher yesterday as the broad market rallied. The stock rose to an intra-day high of $8.49 before finishing the day 0.96% higher at $8.43 on volume of 1.13 million. Despite Wednesday's gains, Apollo Investment's shares have fallen more than 3.50% in the last three sessions. Apollo Investment Corp. currently has a dividend yield of 9.49%, which is among the highest in the financial sector. The company has a dividend payout ratio of 103%, and will pay its next dividend on April 3, 2013. Year-to-date, Apollo Investment Corp. shares have gained just 0.84%. The free report on AINV can be downloaded by signing up now at
[ http://www.StockCall.com/AINV032113.pdf ]
Shares of Senior Housing Properties Trust hit a 52-week high of $26.01 on Wednesday. The stock closed at the 52-week high level, up 0.97% from Tuesday's closing price. The Residential REIT company's shares have had an excellent run so far in 2013, gaining more than 10%. Even as it trades at a 52-week high level, the company currently has a dividend yield of 6%. The REIT last paid a dividend on February 19, 2013. It has a payout ratio of 191% currently. Free report on SNH can be accessed by registering at
[ http://www.StockCall.com/SNH032113.pdf ]
Regional banks have had an excellent run so far this year. One of the major gainers in the sector is Valley National Bancorp. Year-to-date, the stock has gained more than 11.80%, compared to a gain of more than 9.20% for the S&P 500. On Wednesday, the stock closed 0.29% higher at $10.40 on volume of 594,140. Not only has this Northeast regional bank outperformed the broad market this year, but the stock also has a very high dividend yield. Valley National, which will pay a dividend on March 31, 2013, has a dividend yield of 6.25%. Register with StockCall and download the research on VLY for free at
[ http://www.StockCall.com/VLY032113.pdf ]
Och-Ziff Capital Management Group LLC's shares fell sharply on Wednesday, closing 1.43% lower at $9.64 on volume of 1.48 million. The stock has gained nearly 1.50% so far in 2013, underperforming the broad market. The Asset Management company currently has a dividend yield of 31.12%. The company last paid a dividend in February 2013. Read the full free research on OZM by signing up to StockCall at
[ http://www.StockCall.com/OZM032113.pdf ]
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