Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports on Asset Management Equities -- Prospect Capital, KKR & Co., WisdomTree Investments, and State Street

WT, PSEC, KKR, STT

PR Newswire

NEW YORK, February 7, 2017 /PRNewswire/ --

Stock-Callers.com revisits the Asset Management industry, which includes companies that manage the financial assets of corporate, institutional, and individual clients. Demand 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. Equities under evaluation this morning are: Prospect Capital Corp. (NASDAQ: PSEC), KKR & Co. L.P. (NYSE: KKR), WisdomTree Investments Inc. (NASDAQ: WETF), and State Street Corp. (NYSE: STT). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration


Prospect Capital
 

On Monday, shares in Prospect Capital Corp. recorded a trading volume of 1.65 million shares. The stock ended the day at $8.74, rising 0.81% from the last trading session. The Company's shares have advanced 2.60% in the last one month, 20.18% in the previous three months, and 5.67% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.71% and 13.88%, respectively. Furthermore, 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 a Relative Strength Index (RSI) of 66.25.

On January 30th, 2017, Prospect Capital announced that it expects to issue its Q2 FY17 earnings press release on February 08th 2017 after the close of the markets. The Company will host a conference call on February 09th, 2017, at 11:00 a.m. ET. Free research report on PSEC is available at:

http://stock-callers.com/registration/?symbol=PSEC


KKR & Co. 

New York-based KKR & Co. L.P.'s stock saw a slight drop of 0.80%, finishing yesterday's session at $17.47 with a total trading volume of 1.43 million shares. The Company's shares have gained 6.46% in the last month, 25.77% over the previous three months, and 13.52% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.25% and 21.16%, respectively. Additionally, shares of KKR & Co., which specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments, have an RSI of 58.92.

On February 06th, 2017, KKR and Pacific Alternative Asset Management Company, LLC ("PAAMCO") announced that they have entered into a strategic transaction to create a new liquid alternatives investment firm by combining PAAMCO and KKR Prisma. Under terms of the agreement, the entire businesses of both PAAMCO and KKR Prisma will be contributed to a newly formed company that will operate independently from KKR, and KKR will retain a 39.9% stake as a long-term strategic partner. The complimentary research report on KKR can be downloaded at:

http://stock-callers.com/registration/?symbol=KKR


WisdomTree Investments  

Shares in New York-based WisdomTree Investments Inc. ended the session 3.13% lower at $8.67. The stock recorded a trading volume of 7.06 million shares, which was above its three months average volume of 2.48 million shares. The Company's shares have gained 4.58% in the previous three months. The stock is trading 18.28% below its 200-day moving average. Moreover, shares of WisdomTree Investments, which through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager, have an RSI of 23.98.

On February 03rd, 2017, WisdomTree Investments reported net income of $2.5 million, or $0.02 diluted EPS, in Q4 2016 compared to net income of $20.5 million, or $0.15 diluted EPS, in Q4 2015. The Company's assets under management (US listed ETFs) were $40.2 billion at December 31st, 2016, up 6.5% from September 30th, 2016. Meanwhile, AUM (European listed ETPs) was $1.0 billion at December 31st, 2016. WisdomTree's Q4 2016 total revenues decreased 33.6% from Q4 2015 and 1.9% from Q3 2016.

On February 06th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Sell' to 'Neutral'. Visit us today and access our complete research report on WETF at:

http://stock-callers.com/registration/?symbol=WETF


State Street  

At the closing bell on Monday, Boston, Massachusetts headquartered State Street Corp.'s stock dropped 0.28%, finishing at $77.32. A total volume of 1.34 million shares was traded. The Company's shares have gained 10.44% over the previous three months. The stock is trading 13.38% above its 200-day moving average. Additionally, shares of State Street, which through its subsidiaries, provides a range of financial products and services to institutional investors worldwide, have an RSI of 44.80.

On January 25th, 2017, State Street announced that it has been appointed by Allianz Global Investors to provide a wide range of investment services. The agreement expands an existing relationship into a strategic global partnership with State Street delivering a broad spectrum of investment servicing solutions for more than EUR 450 billion in assets under management.

On January 26th, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'. Get free access to your research report on STT at:

http://stock-callers.com/registration/?symbol=STT


Stock Callers:
 

Stock Callers (SC) 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. SC 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. 

SC 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 info@stock-callers.com. 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 SC. SC 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.

NO WARRANTY 

SC, 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. SC, 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, SC, 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 SC 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

http://stock-callers.com/legal-disclaimer/

CONTACT
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:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today