Shares of several companies in the broader financial sector are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

2/13/24 2:17:07 PM ET

$ALLY

$BAM

$BEN

$BK

Major Banks

Finance

Other Consumer Services

Consumer Discretionary

Get the next $ALLY alert in real time by email

Shares of several companies in the broader financial sector are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

Get the next $ALLY alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ALLY
$BAM
$BEN
$BK

Company	Date	Price Target	Rating	Analyst
Ally Financial Inc. $ALLY	10/21/2024		Underperform → Mkt Perform	Raymond James
Victory Capital Holdings Inc. $VCTR	10/18/2024	$40.00 → $60.00	Underweight → Equal-Weight	Morgan Stanley
Cohen & Steers Inc $CNS	10/17/2024	$63.00 → $102.00	Sell → Neutral	UBS
Bridge Investment Group Holdings Inc. $BRDG	10/14/2024	$10.00 → $10.50	Buy → Hold	TD Cowen
Blackstone Inc. $BX	10/9/2024	$149.00	Overweight → Neutral	Piper Sandler
Ally Financial Inc. $ALLY	10/7/2024	$46.00 → $40.00	Neutral → Overweight	JP Morgan
Morgan Stanley $MS	10/4/2024	$118.00	Hold → Buy	HSBC Securities
Northern Trust Corporation $NTRS	9/26/2024	$84.00 → $82.00	Neutral → Sell	Goldman

More analyst ratings

$ALLY
$BAM
$BEN
$BK
Financials

Live finance-specific insights

Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share
Third-Quarter Highlights Total Client Assets of $181.1 billion Long-term gross flows of $5.9 billion Long-term net flows of ($2.6) billion GAAP operating margin of 53.3% GAAP net income per diluted share of $1.24 Adjusted EBITDA margin of 53.7% Adjusted net income with tax benefit per diluted share of $1.35 Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended September 30, 2024. "During the third quarter, we made excellent progress toward closing the Amundi transaction," said David Brown, Chairman and Chief Executi
11/7/24 4:29:00 PM ET
$VCTR
Investment Managers
Finance
Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results
Claros Mortgage Trust, Inc. (NYSE:CMTG) (the "Company" or "CMTG") today reported its financial results for the quarter ended September 30, 2024. The Company's third quarter 2024 GAAP net loss was $56.2 million, or $0.40 per share. Distributable Loss (a non-GAAP financial measure defined below) was $24.6 million, or $0.17 per share. Distributable Earnings prior to realized losses was $31.0 million, or $0.22 per share. Third Quarter 2024 Highlights $6.3 billion loan portfolio with a weighted average all-in yield of 8.4%. Received loan repayments of $374 million, including the full repayment of four loans with $354 million of unpaid principal balance. Funded $86 million on existing loan
11/7/24 4:28:00 PM ET
$CMTG
Real Estate
Finance
Cohen & Steers, Inc. Declares Quarterly Dividend
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- The Board of Directors of Cohen & Steers, Inc. (NYSE: CNS) declared a cash dividend for the fourth quarter of 2024 in the amount of $0.59 per share of common stock payable on December 2, 2024 to stockholders of record as of the close of business on November 18, 2024. About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and S
11/7/24 4:24:00 PM ET
$CNS
Investment Managers
Finance

$ALLY
$BAM
$BEN
$BK
Press Releases

Fastest customizable press release news feed in the world

T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES SEPTEMBER 30, 2024 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.84 PER SHARE IN Q3 2024
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- T. Rowe Price OHA Select Private Credit Fund (the "Company" or "OCREDIT") today announced financial results and declared total distributions of $0.84 per share for the quarter ended September 30, 2024. In addition to the regular monthly distribution, this quarter's distribution also included a special quarterly distribution of $0.15 per share, representing the fourth consecutive quarter of special distributions. As borrowers continued to access private credit markets for their financing solutions, OCREDIT was a beneficiary of OHA's robust investment platform, allowing it to invest in 10 new portfolio companies throughout the third quarter, representing
11/7/24 5:30:00 PM ET
$TROW
Investment Bankers/Brokers/Service
Finance
Northern Trust Decreases Prime Rate
Northern Trust has decreased its prime rate from 8.00% to 7.75%, effective Friday, November 8, 2024. About Northern Trust Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2024, Northern Trust had assets under custody/administration of US$17.4 trillion, and assets under management of US$1.6 trillion. For more than 135 year
11/7/24 5:22:00 PM ET
$NTRS
Major Banks
Finance
Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share
Third-Quarter Highlights Total Client Assets of $181.1 billion Long-term gross flows of $5.9 billion Long-term net flows of ($2.6) billion GAAP operating margin of 53.3% GAAP net income per diluted share of $1.24 Adjusted EBITDA margin of 53.7% Adjusted net income with tax benefit per diluted share of $1.35 Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Victory Capital Holdings, Inc. (NASDAQ:VCTR) ("Victory Capital" or "the Company") today reported financial results for the quarter ended September 30, 2024. "During the third quarter, we made excellent progress toward closing the Amundi transaction," said David Brown, Chairman and Chief Executi
11/7/24 4:29:00 PM ET
$VCTR
Investment Managers
Finance

$ALLY
$BAM
$BEN
$BK
Market Insights

Live Market Insights

Peering Into Blackstone's Recent Short Interest
Blackstone's (NYSE:BX) short percent of float has fallen 10.99% since its last report. The company recently reported that it has 17.49 million shares sold short, which is 2.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.25 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
7/25/24 9:15:15 AM ET
$BX
Investment Managers
Finance
Workers Give Up Billions In Retirement Gains By Rolling Over Into Cash Holdings
Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an individual retirement account (IRA), that money is usually held as cash until it is put into new investments held by the IRA. Almost a third of workers who rolled savings into IRAs at Vanguard Group in 2015 still had the balance sitting in cash seven years later, the New York Times reported. Americans with IRAs that hold a lot of cash forfeit more than $172 billion a year in retirement wealth tha
7/25/24 9:12:29 AM ET
$ADP
$TROW
EDP Services
Technology
Investment Bankers/Brokers/Service
Finance
Carlyle's $4B Purchase Of Baxter's Kidney Division Backed By Ares And HPS Financing
Ares Management Corp. (NYSE:ARES) and HPS Investment Partners are spearheading a $3 billion credit facility to finance Carlyle Group Inc.’s (NASDAQ:CG) potential acquisition of Baxter International Inc.’s (NYSE:BAX) kidney-care division. This debt package includes a $2.5 billion unitranche loan and a $450 million revolver. Oaktree Capital Management is also involved in the financing, and smaller lenders may participate after signing. Also Read: Medical Devices Giant Baxter Secures FDA Approval For New Infusion Pump System. The financing terms suggest an interest rate five percentage points above the Secured Overnight Financing Rate, placing the division Vantive’s leverage at 4.2
7/24/24 3:16:17 PM ET
$ARES
$BAX
$CG
Investment Managers
Finance
Medical/Dental Instruments
Health Care

Blackstone Tactical Opportunities Announces Leadership Transition
Chris James Appointed Global Head of Tac Opps, David Blitzer to Transition to Chairman Jas Khaira to be Head of Tac Opps Americas, Qasim Abbas to be Head of Tac Opps International Blackstone (NYSE:BX) announced today that Chris James – currently Chief Operating Officer (COO) and a founding member of Blackstone Tactical Opportunities ("Tac Opps"), with nearly two decades of experience at Blackstone – will become Global Head of Tac Opps. He will succeed David Blitzer, who will transition to chairman of the business at year end. Blackstone also today announced the elevation of two long-time senior Tac Opps partners to expanded leadership roles for the business. Jas Khaira will be Head of Ta
11/5/24 12:00:00 PM ET
$BX
Investment Managers
Finance
Franklin Templeton Appoints Global COO to Help Expand Growing Wealth Management Alternatives Business
New position strengthens firm's ambition to become top provider of alternative wealth solutions globally Franklin Templeton today announced the appointment of George Stephan to the newly created position of Global Chief Operating Officer of Wealth Management Alternatives. Reporting to Adam Spector, Franklin Templeton's Executive Vice President and Head of Global Distribution, Stephan oversees alternative investments product innovation and investor services and assists with business development, management and operations. Stephan will partner with the firm's distribution leaders around the world to help drive the overall distribution strategy in addition to advisor education for the altern
10/31/24 9:15:00 AM ET
$BEN
Investment Managers
Finance
T. ROWE PRICE ANNOUNCES APPOINTMENT OF BEN RILEY TO HEAD OF INSURANCE
Newly created role to further the firm's focus on the Insurance segment BALTIMORE, Oct. 16, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm, announced the elevation of Ben Riley, CFA®, to the newly created role of Head of Insurance, effective January 1, 2025. Riley will oversee a team responsible for insurance clients in North America, while also coordinating T. Rowe Price's global insurance efforts. He will maintain coverage responsibilities for current clients and prospects. Riley will continue to report to Doug Greenstein, Head of Institutional Business Development for Americas, the organization responsible for the firm's institutional business in North America.
10/16/24 10:53:00 AM ET
$TROW
Investment Bankers/Brokers/Service
Finance

Shares of several companies in the broader financial sector are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

Chat with this insight

Recent Analyst Ratings for $ALLY$BAM$BEN$BK

$ALLY$BAM$BEN$BK Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Equitable Holdings, Inc. bought $24,581,900 worth of Units (700,000 units at $35.12) (SEC Form 4)

Director Porat Ruth bought $36,799 worth of shares (217 units at $169.38), increasing direct ownership by 0.48% to 36,528 units (SEC Form 4)

Director Flaherty Mark A. bought $29,545 worth of shares (82 units at $358.75) (SEC Form 4)

$ALLY$BAM$BEN$BK Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President, U.S. Card Mouadeb Mark Daniel sold $323,766 worth of shares (1,994 units at $162.37), decreasing direct ownership by 9% to 19,776 units (SEC Form 4)

Pres, Software, Intl & Sm Bus Raghu Ravi sold $4,089,690 worth of shares (24,786 units at $165.00), decreasing direct ownership by 48% to 27,180 units (SEC Form 4)

SEC Form 4 filed by Director King Karen Matsushima

$ALLY$BAM$BEN$BK Financials

Live finance-specific insights

Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share

Claros Mortgage Trust, Inc. Reports Third Quarter 2024 Results

Cohen & Steers, Inc. Declares Quarterly Dividend

$ALLY$BAM$BEN$BK Press Releases

Fastest customizable press release news feed in the world

T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES SEPTEMBER 30, 2024 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.84 PER SHARE IN Q3 2024

Northern Trust Decreases Prime Rate

Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share

$ALLY$BAM$BEN$BK Market Insights

Live Market Insights

Peering Into Blackstone's Recent Short Interest

Workers Give Up Billions In Retirement Gains By Rolling Over Into Cash Holdings

Carlyle's $4B Purchase Of Baxter's Kidney Division Backed By Ares And HPS Financing

$ALLY$BAM$BEN$BK Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Ally Financial upgraded by Raymond James

Victory Capital upgraded by Morgan Stanley with a new price target

Cohen & Steers upgraded by UBS with a new price target

$ALLY$BAM$BEN$BK Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Morgan Stanley

Amendment: SEC Form SC 13G/A filed by Morgan Stanley

SEC Form SC 13G filed by Morgan Stanley

$ALLY$BAM$BEN$BK SEC Filings

Victory Capital Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Bridge Investment Group Holdings Inc.

HA Sustainable Infrastructure Capital Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$ALLY$BAM$BEN$BK Leadership Updates

Live Leadership Updates

Blackstone Tactical Opportunities Announces Leadership Transition

Franklin Templeton Appoints Global COO to Help Expand Growing Wealth Management Alternatives Business

T. ROWE PRICE ANNOUNCES APPOINTMENT OF BEN RILEY TO HEAD OF INSURANCE

Recent Analyst Ratings for
$ALLY
$BAM
$BEN
$BK

$ALLY
$BAM
$BEN
$BK
Insider Purchases

$ALLY
$BAM
$BEN
$BK
Insider Trading

$ALLY
$BAM
$BEN
$BK
Financials

$ALLY
$BAM
$BEN
$BK
Press Releases

$ALLY
$BAM
$BEN
$BK
Market Insights

$ALLY
$BAM
$BEN
$BK
Analyst Ratings

$ALLY
$BAM
$BEN
$BK
Large Ownership Changes

$ALLY
$BAM
$BEN
$BK
SEC Filings

$ALLY
$BAM
$BEN
$BK
Leadership Updates