With shares of Honda Motor (NYSE:HMC) trading around $40, is HMC an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let�� analyze the stock with the relevant sections of our CHEAT SHEET investing framework:
T = Trends for a Stock’s MovementHonda Motor develops, produces, and manufactures a variety of motor products ranging from small general-purpose engines and scooters to specialty sports cars. The company�� business segments are the motorcycle business, automobile business, financial services business, and power product and other businesses. Honda conducts its operations in Japan and worldwide, including North America, Europe, and Asia.
Honda reported earnings that showed its profit rose less than expected. Net profit increased to 120.4 billion yen from 82.2 billion yen a year ago but came in below analyst expectations of 134.9 billion yen, according to analysts surveyed by Reuters. Honda�� profit forecasts for the full year also came in below expectations. Honda saw improvements in car sales in the U.S. and motorcycle sales in India and Thailand, but the company has been doing some big spending to build new plants and boost production.
Best Financial Companies For 2014: Sterling Bancorp(STL)
Sterling Bancorp operates as a bank holding company for Sterling National Bank that provides a range of banking and financial products and services in the Untied States primarily in New York, New Jersey, and Connecticut. It accepts various deposit products, including checking accounts, money market accounts, negotiable order of withdrawal accounts, savings accounts, rent security accounts, retirement accounts, and certificates of deposits; and deposit services comprising account management and information, disbursement, reconciliation, collection and concentration, ACH, and others. The company also provides business and consumer lending, asset-based financing, factoring/accounts receivable management services, equipment leasing, commercial and residential mortgage lending and brokerage, and trade financing services for commercial, industrial and financial companies, and government and non-profit entities. In addition, it offers financing and human resource business process outsourcing support services for the temporary staffing industry, which comprise full back-office, computer, tax, and accounting services, as well as financing to independently-owned staffing companies. The company operates 12 offices, including 9 offices in New York City, two branches in Nassau County, and 1 branch in Yonkers, New York. Sterling Bancorp was founded in 1929 and is based in New York, New York.
Advisors' Opinion:- [By Jon C. Ogg]
The M&T Bank Corp. (NYSE: MTB) and Hudson City Bancorp Inc. (NASDAQ: HCBK) transaction is the only pending deal of 2012 vintage due to various regulatory concerns. MTB currently has 9% short interest outstanding and PACW 15%. Another merger covered is the deal between Provident New York Bancorp (NASDAQ: PBNY) and Sterling Bancorp (NYSE: STL), and the balance are simply too small for us to warrant effort.
- [By Corinne Gretler]
Statoil ASA (STL) rose 4.2 percent to 137.60 kroner. Norway�� biggest energy company made its third oil discovery off the coast of Canada in the Flemish Pass basin. Bank of America Corp. raised the stock to buy from neutral.
Best Financial Companies For 2014: Entertainment Properties Trust (EPR)
EPR Properties, a real estate investment trust (REIT), develops, owns, leases, and finances entertainment and related properties in the United States and Canada. Its properties include megaplex theatres, entertainment retail centers, and destination recreational and specialty properties. As of December 31, 2007, the company had a real estate portfolio of 79 megaplex theatre properties located in 26 states in the U.S. and Ontario, Canada; 1 additional theatre property under development; 8 entertainment retail centers located in Westminster, Colorado, New Rochelle, New York, White Plains, New York, Burbank, California, and Ontario, Canada; and 1 additional entertainment retail center under development and land parcels leased to restaurant and retail operators. EPR Properties qualifies as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company wa s founded in 1997 and is based in Kansas City, Missouri.
Advisors' Opinion:- [By Lawrence Meyers]
I also jumped on the 9% Preferred Series E of an interesting REIT called EPR Properties (EPR), a $2.38 billion trust that owns 114 megaplex movie theaters; nine entertainment retail centers; seven family entertainment centers where one can bowl, enjoy nightlife, or sit atop observational towers; 13 metro ski parks; three water parks; four golf complexes, and 48 public charter schools.
- [By Monica Gerson]
EPR Properties (NYSE: EPR) closed a deal to acquire the Camelback Mountain Resort in Tannersville, PA, for around $70 million. EPR Properties shares gained 0.31% to close at $48.59 on Friday.
Best Value Stocks To Own Right Now: Fox Chase Bancorp Inc. (FXCB)
Fox Chase Bancorp, Inc. operates as the holding company for Fox Chase Bank that provides financial services to consumers and businesses in Philadelphia and New Jersey. Its deposit products include non-interest-bearing demand accounts, such as checking accounts; interest-bearing accounts, including negotiable order of withdrawal and money market accounts; savings and club accounts; brokered deposits; and certificates of deposit. The company�s loan products portfolio comprises multi-family and commercial real estate loans; one-to four-family residential real estate loans that enable borrowers to purchase or refinance existing homes; commercial and industrial loans offered to professionals, sole proprietorships, and small and mid-size businesses; construction loans comprising adjustable-rate and fixed-rate loans offered to individuals, builders, and developers to finance the construction of residential dwellings, as well as loans offered for commercial development projects, including apartment buildings, restaurants, shopping centers, schools, and other owner-occupied properties used for businesses; and consumer loans, which include home equity loans and lines of credit, loans to individuals to purchase insurance policies, loans secured by certificate of deposits, and unsecured overdraft lines of credit. It also offers cash management services. In addition, the company manages and holds investment securities; and secures, manages, and holds foreclosed real estate. It operates through 11 branches in Philadelphia, Richboro, Willow Grove, Warminster, Lahaska, Hatboro, Media, and West Chester, Pennsylvania; and Ocean City, Marmora, and Egg Harbor Township, New Jersey. The company is headquartered in Hatboro, Pennsylvania.
Advisors' Opinion:- [By Tim Melvin]
To start, Seidman disclosed a position in Fox Chase Bancorp (FXCB), located in Hatboro, Pa. The bank is trading right around book value and has been a holding of mine for some time now. Me. Seidman owns a little over 5% of the bank.
Best Financial Companies For 2014: Citizens & Northern Corp(CZNC)
Citizens & Northern Corporation operates as the holding for Citizens & Northern Bank, which provides various banking and mortgage products and services to individual and corporate customers in north central Pennsylvania and southern New York. Its deposit products include various checking accounts, passbook and statement savings, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits, as well as non-insured Repo Sweep accounts. The company?s loan portfolio comprises mortgage loans, commercial loans, and consumer loans, as well as specialized instruments, such as commercial letters-of-credit. It also provides trust and financial management services, including administration of trusts and estates, retirement plans, and other employee benefit plans; investment management services; and various personal and commercial insurance products, as well as mutual funds, annuities, educational savings accounts, and other investmen t products through registered agents. As of April 20, 2011, the company operates 26 full service offices in Tioga, Bradford, Sullivan, Lycoming, Potter, Cameron, and McKean counties in Pennsylvania; and Steuben and Allegany counties in New York. Citizens & Northern Corporation was founded in 1971 and is based in Wellsboro, Pennsylvania.
Best Financial Companies For 2014: Avenue Income Credit Strategies Fund (ACP)
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Advisors' Opinion:- [By Rich Duprey]
Maintaining its $0.12 per share�monthly dividend payout, closed-end management investment company�Avenue Income Credit Strategies Fund� (NYSE: ACP ) �said yesterday it�will make the payout�on May 31 to the holders of record at the close of business on May 15. The stock will trade ex-dividend May 13.�
Best Financial Companies For 2014: Old Mutual(OML.L)
Old Mutual plc operates as a long-term savings, protection, and investment company. The company provides investment management and life assurance-based solutions, which address protection and retirement savings needs; and banking, short-term insurance, and asset management solutions in Europe, the Americas, Africa, and Asia. It offers life assurance, pensions, and investment products to individuals, businesses, corporates, and institutions. The company also offers investment banking solutions to institutional and corporate clients; corporate banking services, including commercial, industrial, retail, and residential property finance solutions to retail and corporates markets; commercial banking solutions to small to medium-sized businesses; and transactional, card, lending, and investment products and services to individuals and small businesses. In addition, it provides short-term insurance products, including property, accident, motor, engineering, marine, and crop insur ance to customers ranging from small businesses to large corporations; protection, fire policies, accident policies, and motor fleet insurance to corporate clients ranging from mid-size companies to large multi-nationals; domestic household, motor, and all risk short-term insurance products to domestic customers; and alternative risk transfer products primarily to medium-sized commercial customers. Further, the company provides investment management solutions to institutional and individual investors. It offers its products and services directly, as well as through financial advisers. Old Mutual plc was founded in 1845 and is based in London, the United Kingdom.
Best Financial Companies For 2014: ARMOUR Residential REIT Inc (ARR)
ARMOUR Residential REIT, Inc.( ARMOUR), incorporated on February 5, 2008, is an externally-managed Maryland corporation managed by ARMOUR Residential REIT, Inc. The Company invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage backed securities (RMBS). These securities are issued or guaranteed by a United States Government-sponsored entity (GSE), such as the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), or are guaranteed by the Government National Mortgage Administration (Ginnie Mae) collectively, Agency Securities. From time to time, a portion of its portfolio may be invested in unsecured notes and bonds issued by United States Government-chartered entities, collectively, Agency Debt. As of December 31, 2012, Agency Securities account for 100% of its portfolio.
The Company seeks long-term investment returns by investing its equity capital and borrowed funds in its targeted asset class of Agency Securities. The Company�� assets have been invested in Agency Securities or money market instruments, primarily deposits at federally chartered banks. The Company borrows against its Agency Securities using repurchase agreements. Its borrowings generally have maturities that may range from one month or less, up to one year, although occasionally it may enter into longer dated borrowing agreements to more closely match the rate adjustment period of its Agency Securities.
Advisors' Opinion:- [By Amanda Alix]
After getting beaten to a pulp again last Friday, mortgage REITs ticked upward on Monday, even as a mass downgrading of the sector�took place by Wunderlich Securities. Though agency players Annaly Capital (NYSE: NLY ) and American Capital Agency (NASDAQ: AGNC ) were able to gain back only a portion of their Friday stock price losses -- as was particularly hard-hit Armour Residential (NYSE: ARR ) �-- the upswing was a welcome, though surprising, outcome.
Best Financial Companies For 2014: Cathay General Bancorp(CATY)
Cathay General Bancorp operates as the holding company for Cathay Bank, which offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses primarily in California. Its deposit products include passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, college certificates of deposit, and public funds deposits. The company?s loan portfolio comprises commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit. It also offers installment loans to individuals for automobile, household, and other consumer expenditures. In addition, the company provides trade financing, letters of credit, wire transfers, forward currency spot and forward contracts, traveler?s checks, safe deposit, night deposit, social security payment deposit, collecti on, bank-by-mail, drive-up and walk-up windows, automatic teller machines, Internet banking, and other customary bank services. As of April 20, 2011, Cathay General Bancorp operated 31 branches in California, 8 branches in New York State, 1 branch in Massachusetts, 2 branches in Texas, 3 branches in Washington State, 3 branches in the Chicago, Illinois area, 1 branch in New Jersey, and 1 branch in Hong Kong, as well as a representative office in Shanghai and in Taipei. The company was founded in 1961 and is headquartered in Los Angeles, California.
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