Top 5 Net Payout Yield Stocks To Watch For 2015: Asta Funding Inc.(ASFI)
Asta Funding, Inc., together with its subsidiaries, engages in purchasing, managing, and servicing distressed consumer receivables in the United States. Its principal portfolio includes charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; semi-performing receivables, including accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators; performing receivables comprising accounts where the debtor is making regular monthly payments that might or might not have been delinquent in the past; and distressed consumer receivables, such as the unpaid debts of individuals to banks, finance companies, and other credit and service providers. The company?s distressed consumer receivables consist of MasterCard, Visa, and other credit card accounts, which were charged-off by the issuers or provide rs for non-payment. Asta Funding, Inc. was founded in 1994 and is based in Englewood Cliffs, New Jersey.
Advisors' Opinion:- [By John Udovich]
Small cap debt collection stocks like�Asta Funding, Inc (NASDAQ: ASFI), Encore Capital Group, Inc (NASDAQ: ECPG) and Portfolio Recovery Associates, Inc (NASDAQ: PRAA) could be the latest target of a government shakedown or crackdown as the Consumer Financial Protection Bureau said this week that�before it formally proposes any rules for debt collection, it wants to hear how collectors verify borrowers' information and communicate with consumers. In other words, debt collectors could be restricted from using text messages, social media or other Internet-based tools in their pursuit to collect debts. With about one in 10 Americans coming out of the financial crisis with some debt in collection, investing in small cap�debt collection stocks has been profitable for investors. However, there is no timeline for when any new rules might be released for review or come into effect.
- [By Tim Melvin]
There a lot of moving parts to Asta Funding (ASFI), but there appears to be a great deal of value that isn�� reflected in the current stock price. ASFI stock is trading at less than 65% of book value, but several of its debt collection assets are carried at zero cost basis and yet may have substantial value. The balance sheet is strong with more than $90 million in cash. ASFI has been moving into other businesses including disability claims to increase its growth opportunities over the next few years. It�� a fairly complex business, but it is very cheap — and the first sign of good news could send the shares a lot higher.
Hot Rising Companies To Invest In 2014: Anthem Inc (ANTM)
Anthem, Inc., formerly WellPoint, Inc. (WellPoint), incorporated on July 17, 2001, is a health benefit company. The Company manages its operations through three segments: Commercial, Consumer, and Other. The Company is an independent licensee of the Blue Cross and Blue Shield Association (BCBSA), an association of independent health benefit plans. The Company offers a spectrum of network-based managed care plans to the large and small employer, individual, Medicaid and senior markets. Its managed care plans include preferred provider organizations (PPOs); health maintenance organizations (HMOs); point-of-service plans (POS) plans; traditional indemnity plans and other hybrid plans, including consumer-driven health plans (CDHPs); and hospital only and limited benefit products.
The Company serves its members as the Blue Cross licensee for California and as the Blue Cross and Blue Shield (BCBS), licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as BCBS in 10 New York city metropolitan and surrounding counties, and as Blue Cross or BCBS in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, District of Columbia), and Wisconsin. The Company does business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia, Empire Blue Cross Blue Shield, or Empire Blue Cross (in its New York service areas). The Company also serves customers throughout the country as UniCare and in certain California, Arizona and Nevada markets.
The Company provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services. The Company also provides an array of specialty products and services including life a! nd disability insurance benefits, dental, vision, behavioral health benefit services, radiology benefit management, analytics-driven personal health care guidance and long-term care insurance. The Company provides services to the Federal Government in connection with the Federal Employee Program (FEP), and various Medicare programs.
The Company�� Commercial and Consumer segments both offers a diversified mix of managed care products, including PPOs, HMOs, traditional indemnity benefits and POS plans, as well as a variety of hybrid benefit plans including CDHPs, hospital only and limited benefit products. Its Commercial segment includes Local Group (including UniCare), National Accounts and certain other ancillary business operations (dental, vision, life and disability and workers��compensation). Business units in the Commercial segment offer fully-insured products and provide an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs and other administrative services.
The Company�� Consumer segment includes senior, state-sponsored and individual businesses. Its senior business includes services, such as Medicare Advantage (including private fee-for-service plans and special needs plans), Medicare Part D, and Medicare Supplement, while its State-Sponsored business includes its managed care alternatives for Medicaid and State Children�� Health Insurance Plan programs. Individual business includes individual customers under age 65 and their covered dependents. Its Other segment includes the Comprehensive Health Solutions business unit (CHS). Its Other segment also includes results from its Federal Government Solutions (FGS), business. FGS business includes FEP and National Government Services, Inc. (NGS), which acts as a Medicare contractor in several regions across the nation.
Preferred P! rovider O! rganization products offer the member an option to select any health care provider, with benefits reimbursed by the Company at a higher level when care is received from a participating network provider. Consumer-Driven Health Plans (CDHPs) provide consumers with increased financial responsibility, choice and control regarding how their health care dollars are spent. Indemnity products offer the member an option to select any health care provider for covered services. Health Maintenance Organization (HMO) products include managed care benefits, generally through a participating network of physicians, hospitals and other providers. Point-of-Service (POS) products blend the characteristics of HMO, PPO and indemnity plans.
The Company provides administrative services to large group employers that maintain self-funded health plans. These administrative services include underwriting, actuarial services, medical management, claims processing and other administrative services for self-funded employers. Self-funded health plans are also able to use its provider networks and to realize savings through its negotiated provider arrangements, while allowing employers the ability to design certain health benefit plans in accordance with their own requirements and objectives. The Company also underwrites stop loss insurance for self-funded plans.
BlueCard host members are generally members who reside in or travel to a state in which a WellPoint subsidiary is the Blue Cross and/or Blue Shield licensee and who are covered under an employer sponsored health plan serviced by a non-WellPoint controlled BCBS licensee, who is the home plan. The Company performs certain administrative functions for BlueCard host members, for which it receives administrative fees from the BlueCard members��home plans. Other administrative functions, including maintenance of enrollment information and customer service, are performed by the home plan. The Company offers a variety of senior plans, products and options, ! such as M! edicare supplement plans, Medicare Advantage (including private fee-for-service plans and special needs plans) and Medicare Part D Prescription Drug Plans (Medicare Part D). Medicare Advantage plans provide Medicare beneficiaries with a managed care alternative to traditional Medicare and often include a Medicare Part D benefit. In addition, its Medicare Advantage special needs plans provide Medicare beneficiaries who have chronic diseases and conditions with tailored benefits designed to meet their needs. Medicare Part D offers a prescription drug plan to Medicare and dual eligible (Medicare and Medicaid) beneficiaries. The Company offers these plans to customers through its health benefit subsidiaries throughout the country, including CareMore.
The Company offers a range of health insurance plans with a variety of options and deductibles for individuals under age 65 who are not covered by employer-sponsored coverage. Some of its products target certain demographic populations, such as uninsured younger individuals between the ages of 19 and 29, families and those transitioning between jobs or early retirees. The Company has contracts to serve members enrolled in Medicaid, State Children�� Health Insurance programs and other publicly funded health care programs for low income and/or high medical risk individuals. The Company provides services in California, Indiana, Kansas, Massachusetts, New York, South Carolina, Texas, Virginia, West Virginia and Wisconsin. It markets and sells an integrated prescription drug product to both fully-insured and self-funded customers through its health benefit subsidiaries throughout the country. The product includes features, such as drug formularies, a pharmacy network and maintenance of a prescription drug database and mail order capabilities. The Company has delegated certain functions and administrative services related to its integrated prescription drug products to Express Scripts, under a 10 year contract. Express Scripts manages the network of ph! armacy pr! oviders, operates mail order pharmacies and processes prescription drug claims on its behalf, while it sells and support the product for clients, make formulary decisions and set drug benefit design strategy and provide front line member support.
The life products include term life and accidental death and dismemberment. The Company offers short-term and long-term disability programs, usually in conjunction with its health plans. The Company offers specialized behavioral health plans and benefits management. These plans cover mental health and substance abuse treatment services on both an inpatient and an outpatient basis. The Company offers outpatient diagnostic imaging management services to health plans. These services include utilization management for advanced diagnostic imaging procedures, network development and optimization, patient safety, claims adjudication and provider payment. The Company offers evidence based and analytics-driven personal health care guidance.
The Company�� dental plans include networks in certain states in which it operates. Many of the dental benefits are provided to customers enrolled in its health plans and are offered on both a fully-insured and self-funded basis. Its members also have access to additional dental providers through its participation in the National Dental GRID, a national dental network developed by and for BCBS plans. Additionally, the Company offers managed dental services to other health care plans to assist those other health care plans in providing dental benefits to their customers. Its vision plans include networks within the states where the Company operates. Many of the vision benefits are provided to customers enrolled in its health plans and are offered on both a fully-insured and self-funded basis.
The Company offers long-term care insurance products to its California members through a subsidiary. The long-term care products include tax-qualified and non-tax qualified versions of a skilled nursing home care! plan and! comprehensive policies covering skilled, intermediate and custodial long-term care and home health services. Through its subsidiary, NGS, the Company serves as a fiscal intermediary, carrier and Medicare administrative contractor providing administrative services for the Medicare program, which generally provides coverage for persons who are 65 or older and for persons who are disabled or with end-stage renal disease. Part A of the Medicare program provides coverage for services provided by hospitals, skilled nursing facilities and other health care facilities. Part B of the Medicare program provides coverage for services provided by physicians, physical and occupational therapists and other professional providers, as well as certain durable medical equipment and medical supplies.
Advisors' Opinion:- [By Sean Williams]
This is extremely important for Anthem (NYSE: ANTM ) (formerly WellPoint) which was the big Obamacare enrollment winner last year and has banked its success on courting Medicaid expansion enrollees as well. California's strong Medi-Cal enrollment so far is encouraging, but I'd reserve judgment until Anthem's fourth-quarter earnings report.
Hot Rising Companies To Invest In 2014: Galectin Therapeutics Inc (GALT)
Galectin Therapeutics Inc., formerly Pro-Pharmaceuticals, Inc., incorporated on January 26, 2001, is a development-stage company. The Company is engaged in drug development to create therapies for cancer and fibrotic disease. As of December 31, 2011, the Company has two compounds in development, one is to be used in cancer therapy and the other intended to be used in the treatment of liver fibrosis and fatty liver disease. These two compounds are produced from different natural starting materials, both possessing the property, which lends itself to binding to and inhibiting galectin proteins. GM-CT-01, the Company's product candidate for cancer therapy, is a linear polysaccharide polymer consisted of mannose and galactose that has a defined chemical structure and is derived from a plant source. GR-MD-02, the Company's product for treatment of liver fibrosis and fatty liver disease with inflammation and fibrosis, is a polysaccharide polymer possessing both linear and globular structures, which also is derived from a plant source.
GM-CT-01 has in development for the therapy of colorectal cancer and is in a Phase I/II clinical trial as a combination therapy with a tumor vaccine in patients with advanced melanoma. Based on the completed Phase I and partially completed Phase II clinical trials, the Company is exploring two additional potential indicia for the use of GM-CT-01 in combination with cancer chemotherapy. There are two additional pathways for the development of GM-CT-01 for use in treatment of cancer. GM-CT-01 was found to be generally safe when studied in a Phase I clinical trial in end-stage cancer patients with multiple tumor types alone and in combination with 5-Fluorouracil (5-FU), which is an Food and Drug Administration (FDA)-approved chemotherapy used for treatment of various types of cancer.
Advisors' Opinion:- [By Roberto Pedone]
Galectin Therapeutics (GALT) offers drug research and development to create new therapies for fibrotic disease and cancer. This stock closed up 9.6% to $12.06 in Monday's trading session.
Monday's Volume: 674,000
Three-Month Average Volume: 222,171
Volume % Change: 149%Shares of GALT jumped higher on Monday after Ascendiant initiated coverage on the stock with a buy recommendation.
From a technical perspective, GALT spiked sharply higher here with strong upside volume. This stock has been uptrending for the last three months, with shares ripping higher from its low of $3.95 to its recent high of $13.21. During that move, shares of GALT have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of GALT within range of triggering a near-term breakout trade. That trade will hit if GALT manages to take out Monday's high of $12.44 and then once it clears its 52-week high at $13.21 with high volume.
Traders should now look for long-biased trades in GALT as long as it's trending above some near-term support levels at $11 or at $10 and then once it sustains a move or close above those breakout levels with volume that hits near or above 222,171 shares. If that breakout hits soon, then GALT will set up to enter new 52-week-high territory above $13.21, which is bullish technical price action. Some possible upside targets off that breakout are $15 to $16.
Hot Rising Companies To Invest In 2014: Nissan Motor Co Ltd (NSANY)
Nissan Motor Co., Ltd. is engaged in the manufacturing, sales and related business of automotive products, industrial machinery and marine equipment. The Company has two business segments: automobile and sales financing. The automobile segment is engaged in the passenger cars, trucks, buses, forklifts, manufacturing parts for oversea production. The sales financing segment is engaged in credit, lease. The Sales financing segment consists of Nissan Financial Services Co., Ltd. (Japan), Nissan Motor Acceptance Corporation (USA), NR Finance Mexico S.A. de C.V. SOFOM E.N.R (Mexico) and other seven companies, totaling 10 companies, and sales finance operations of Nissan Canada Inc. (Canada).
The Company has four production bases in Japan, United States, Spain, and Sweden, producing approximately 30,000 units annually for distribution in 85 countries. The Company has geographic operations in various countries, which include North America, Europe and Other. North America consists of The United States of America, Canada, and Mexico; Europe consists of France, The United Kingdom, Spain and other European countries, and Other, which includes Asia, Oceania, the Middle East, Central and South America excluding Mexico, and South Africa.
Advisors' Opinion:- [By John Rosevear]
Contrast that with General Motors (NYSE: GM ) , which sold 4,421 of its plug-in hybrid Volts in North America during the first quarter, according to a Bloomberg report. Nissan's (NASDAQOTH: NSANY ) electric Leaf took third place in the plug-in rankings with 3,695 sales.
- [By Ben Levisohn]
GM sales disappointing but not thesis changing – take advantage of sell-off. While GM sales of -6% y/y were shy of Street expectations calling for +1.5% y/y growth, we wouldn’t read too much into one month of sales. Further, we believe GM did a better job holding the line on incentive spending in the month which means more profitable sales. To wit, GM average incentive/unit was up +4% y/y, below the industry increase of +7% y/y and well below Ford (F) at 24% y/y, Toyota (TM) at +8% y/y, Honda (HMC) at +17% y/y and Nissan (NSANY) at +13% y/y. For 4Q13, GM US sales were +6% y/y, which is above our NA wholesale forecast of +4% y/y. Yes, there are some adjustments when comparing monthly sales to wholesale units, but we believe, net, our volume assumptions are ok. On the other hand, we have increased confidence in our 4Q13 NA price factor.
- [By Katie Spence]
He also points out that even when an automaker enters into an agreement with a battery manufacturer -- as Tesla, Nissan (NASDAQOTH: NSANY ) and Toyota (NYSE: TM ) have done with Panasonic� (NASDAQOTH: PCRFY ) -- the automaker is "integrally involved" in the design and production of the battery.
Hot Rising Companies To Invest In 2014: American Tower Corp (AMT)
American Tower Corporation is a holding company. The Company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. This business is its rental and management operations, which accounted for approximately 98% of its total revenues during the year ended December 31, 2011. It also offer tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support its site leasing business and the addition of new tenants and equipment on its sites. In January 2012, the Company merged with and into American Tower REIT, Inc.
During 2011, the Company acquired additional 125 communications sites from Telefonica Colombia. On February 1, 2011, the Company acquired 140 communications sites from VTR Banda Ancha (Chile) S.A. and its affiliates. On December 30, 2011, the Company purchased 100% interest of a subsidiary of Telefonica Moviles Chile S.A. that owned 558 communications sites. On December 14, 2011, the Company acquired control of an additional 76 existing communications sites from Cell C. On March 1, 2011, the Company acquired 100% interest of a company that owned 627 communications sites in Brazil. During 2011, the Company acquired a total of 179 communications sites and equipment in the United States. In December 2011, it announced the launch of operations in Uganda.
In the United States during 2011, the Company included the acquisition and construction of approximately 430 towers, the acquisition of approximately 2,150 property interests, the installation of approximate! ly 40 in-building and outdoor DAS networks and the installation of approximately 680 shared generators on its sites. During 2011, it expanded its international footprint, as it acquired and constructed approximately 3,230 communications sites in two new countries, Ghana and South Africa. During 2011, it also included the acquisition and construction of approximately 6,770 communications sites in its markets in Brazil, Chile, Colombia, India and Mexico. In addition, during 2011, it also acquired property interests, which it leases to communications service providers and third-party tower operators under approximately 1,810 communications sites.
As of December 31, 2011, there were approximately 21,320 towers domestically and approximately 23,900 towers internationally. The Company�� portfolio also includes approximately 260 DAS networks, which it operates in malls, casinos and other in-building applications, and select outdoor environments. In addition to the communications sites in its portfolio, the Company manages rooftop and tower sites for property owners. It also holds property interests, which is leases to communications service providers and third-party tower operators under approximately 1,810 communications sites. It conducts its international operations through its subsidiary, American Tower International, Inc., which in turn conducts operations through its various international operating subsidiaries and joint ventures. Its international operations consist of its operations in Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. It holds and operates certain of its assets through one or more taxable REIT subsidiaries (TRSs).
Rental and Management Operations
During 2011, the Company�� rental and management operations accounted for approximately 98% of its total revenues. Its tenants lease space on its communications site infrastructure, where they install and maintain their individual communications network equipment. The Company�� r! evenue is! primarily generated from tenant leases, and the annual rental payments. Its tenant leases are non-cancellable and have annual rent escalations. Its domestic rental and management segment consists of its nationwide network of communications sites that enables the Company to address the needs of national, regional, local and emerging communications service providers in the United States. Its domestic rental and management segment also includes property interests, which it leases to communications service providers and third-party tower operators. During 2011, its domestic rental and management segment accounted for approximately 72% of its total revenues.
The Company�� international rental and management segment consists of communications sites in Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. During 2011, its international rental and management segment accounted for approximately 26% of its total revenues. The Company�� rental and management operations include the operation of wireless and broadcast communications towers and DAS networks, rooftop management and the leasing of property interests. It owns and operates communications towers in the United States, Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. During 2011, approximately 98% of revenue in its rental and management segments was attributable to its communications towers.
The Company leases space on its communications towers to tenants providing a diverse range of communications services, including personal communications services, cellular, broadcasting, enhanced specialized mobile radio, worldwide interoperability for microwave access (WiMAX), paging and fixed microwave. Its domestic and international tenants include AT&T Mobility, Sprint Nextel, Verizon Wireless and T-Mobile USA, Iusacell (Mexico), Nextel International, Telefonica, MTN Group Limited and Vodafone. In addition to its communications sites, it also owns and operates DAS networks, provide communications s! ite manag! ement services to third parties and manage and/or lease property interests under carrier or other third-party communications sites.
The Company owns and operates approximately 260 DAS networks in malls, casinos and other in-building applications in the United States, Mexico and Brazil. It obtains rights from property owners to install and operate in-building DAS networks, and it grants rights to wireless service providers to attach their equipment to its installations. It also offers outdoor DAS networks as a complementary shared infrastructure solution for its tenants, and operates such networks in the United States. It provides management services to property owners in the United States. It obtains rights to manage a rooftop by entering into contracts with property owners pursuant to which it receives a percentage of occupancy or license fees paid by the wireless carriers and other tenants. It owns a portfolio of property interests in the United States under approximately 1,810 carrier or other third-party communications sites, which provides recurring cash flow under leasing arrangements.
Network Development Services
Through the Company�� network development services segment, it offers tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support its site leasing business and the addition of new tenants and equipment on its sites. During 2011, this segment accounted for approximately 2% of its total revenues. It engages in site acquisition services on its own behalf in connection with its tower development projects, as well as on behalf of its tenants. The Company offers structural analysis services to wireless carriers in connection with the installation of their communications equipment on its towers.
The Company competes with Crown Castle International Corp., SBA Communications Corporation, Indus Towers, Viom Networks and GTL.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of upgrades for home furnishings store Pier 1 (NYSE: PIR ) and engine technologist BorgWarner (NYSE: BWA ) . Let's address those two real quick, before we get to the day's really big news (about American Tower (NYSE: AMT ) ).
- [By Jon C. Ogg]
American Tower Corp. (NYSE: AMT) is seeing something rather strange in its trading activity on Friday. Its shares are rallying, despite the company spending some $3.3 billion to acquire more cell tower assets. What makes this so interesting is that the valuation actually may�rekindle interest in the entire cell tower sector, and that would be welcoming for many investors who have held on as this sector has suffered while the market has been strong.
- [By Michael Flannelly]
Before the bell on Monday, analysts at Nomura Securities upgraded telecommunication tower site operator American Tower Corp (AMT) due to an industry wide upgrade of telecom tower operators, including the non-dividend paying companies SAB Comm (SBAC) and Crown Castle (CCI).
The analysts upgraded AMT from “Neutral” to “Buy” and now see shares reaching $90, up from the previous price target of $85. This new price target suggests a 22% upside to the stock’s Friday closing price of $73.71.
“Tower industry revenue grew over 20% in 1H13, helped by strong carrier network spending and tower acquisitions,” Nomura analyst Adam Ilkowitz noted. “On an organic basis, we believe site rental revenue growth of ~11% for the tower operators is a sign of the health of the U.S. wireless industry and elevated capital spending. After 30% portfolio growth in 2012 across the three tower operators, profitability is recovering from diluted levels. Despite a still-tepid global economy, carriers are investing in their networks to respond to consumer demands and traffic growth. With our positive outlook and upwardly revised estimates, we are increasing our target prices for AMT and SBAC both from $85 to $90 and raising AMT to a Buy. We are raising our 2014 AFFO estimates for all three operators given strong activity levels and announced acquisitions.”
Furthermore, the analysts at Nomura lowered AMT’s fiscal 2013 adjusted funds from operations (AFFO) estimates from $3.69 to $3.65, but raised its fiscal 2014 AFFO estimates from $4.25 to $4.50.
American Tower Corp shares were inactive during pre-market trading on Monday. The stock is up 22.83% year-to-date.
- [By Eric Volkman]
American Tower (NYSE: AMT ) is about to put a few more coins into the pockets of its investors. The company has declared its latest quarterly dividend, which is $0.27 per share. This will be paid on July 16 to shareholders of record as of June 17. That amount is $0.01 higher than the firm's previous distribution; this was paid in late April. Prior to that, American Tower handed out $0.24 per share.
Hot Rising Companies To Invest In 2014: Pebblebrook Hotel Trust(PEB)
Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. It holds interests in the Doubletree Bethesda Hotel and Executive Meeting Center located in Bethesda, Maryland; Sir Francis Drake Hotel located in San Francisco, California; and InterContinental Buckhead Hotel located in Atlanta, Georgia. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2009 and is based in Bethesda, Maryland.
Advisors' Opinion:- [By Jonas Elmerraji]
First up is Pebblebrook Hotel Trust (PEB), the $2.2 billion hotel owner with 14 hotels under its umbrella. The firm started off the year rallying hard, climbing more than 14% from the start of January to early March. Since then, shares have been slugging sideways. But the sideways moves are laying the framework for a second rally leg in PEB this May. Here's how to trade it:
Pebblebrook is currently forming an ascending triangle pattern, a bullish setup that's formed by a horizontal resistance level above shares at $35, and uptrending support to the downside. Basically, as PEB bounces in between those two technical price levels, it's getting squeezed closer to a breakout above that $35 price ceiling. When that breakout happens, we've got a buy signal.
Momentum adds some confidence to the staying power in PEB's eventual breakout -- 14-day RSI has been making higher lows since early February, well before the triangle pattern started forming in Pebblebrook's price. That said, it's crucial to wait for this stock to catch a bid above $35 before putting cash in the trade.
- [By Jonas Elmerraji]
Small-cap hotel investment REIT Pebblebrook Hotel Trust (PEB) is setting up a similar pattern to the one in EXR -- with a few exceptions.
PEB isn't forming an ascending triangle; support isn't in the same sort of uptrend in this stock. Instead, PEB is forming a rounding pattern with resistance at $28. Rounding patterns look just like they sound -- they indicate a shift in control from sellers to buyers. While this setup is most common as a "bottoming" pattern, PEB's price action doesn't change the implications if shares can break out above $28. That's our buy signal.
Whenever you're looking at any technical price pattern, it's critical to think in terms of buyers and sellers. Triangles, rectangles and other price pattern names are a good quick way to explain what's going on in this stock, but they're not the reason it's tradable. Instead, it all comes down to supply and demand for shares.
That resistance line at $28 is a price where there's an excess of supply of shares; in other words, it's a place where sellers have been more eager to take recent gains and sell their shares than buyers have been to buy. That's what makes the move above it so significant -- a breakout indicates that buyers are finally strong enough to absorb all of the excess supply above that price level. Wait for that signal to happen before you jump into this stock.
- [By Marc Bastow]
Hotel properties real estate investment trust Pebblebrook Hotel Trust (PEB) raised its quarterly dividend 44% to 23 cents per share, payable April 15 to shareholders of record as of March 31.
PEB Dividend Yield: 2.58% - [By James E. Brumley]
In a perfect world, an investor could simply look at a company's history and its plausible earnings forecasts, and jump in (or out) knowing the stock's current price basically made sense with respect to past and future performance. We don't live or trade in a perfect world though. In the world we're actually in right now, most stocks, sectors, and industries have run up far beyond a justifiable value... perhaps except for hotel and lodging REIT stocks Host Hotels and Resorts Inc. (NYSE:HST), Strategic Hotels and Resorts Inc. (NYSE:BEE), and Pebblebrook Hotel Trust (NYSE:PEB).
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