Hot Bank Stocks To Watch For 2019

tags:EXR,BELFB,DCT,I,

Sigma Investment Counselors Inc. lowered its position in shares of Facebook, Inc. (NASDAQ:FB) by 20.0% during the fourth quarter, Holdings Channel reports. The fund owned 28,162 shares of the social networking company’s stock after selling 7,040 shares during the quarter. Facebook makes up approximately 0.7% of Sigma Investment Counselors Inc.’s investment portfolio, making the stock its 25th biggest position. Sigma Investment Counselors Inc.’s holdings in Facebook were worth $4,969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FB. Country Trust Bank boosted its position in Facebook by 550.6% during the fourth quarter. Country Trust Bank now owns 566 shares of the social networking company’s stock worth $100,000 after acquiring an additional 479 shares during the last quarter. Armbruster Capital Management Inc. boosted its position in Facebook by 358.4% during the fourth quarter. Armbruster Capital Management Inc. now owns 573 shares of the social networking company’s stock worth $101,000 after acquiring an additional 448 shares during the last quarter. Price Wealth Management Inc. acquired a new stake in Facebook during the fourth quarter worth approximately $105,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in Facebook during the third quarter worth approximately $111,000. Finally, Goodman Financial Corp acquired a new stake in Facebook during the fourth quarter worth approximately $115,000. Hedge funds and other institutional investors own 58.64% of the company’s stock.

Hot Bank Stocks To Watch For 2019: Extra Space Storage Inc(EXR)

Advisors' Opinion:

• [By Jon C. Ogg]

  Extra Space Storage Inc. (NYSE: EXR) was raised to Buy from Neutral at Merrill Lynch.

  ALSO READ: Jefferies Analysts Out With Top Stock Picks Before Global Tech Conference

  Goodyear Tire & Rubber Co. (NYSE: GT) was reiterated as Buy with a $36 price target (versus a $25.16 close) at Argus. The firm noted that the recent sell-off offers an attractive entry point.

• [By Stephan Byrd]

  Extra Space Storage, Inc. (NYSE:EXR) hit a new 52-week high and low during trading on Tuesday . The company traded as low as $93.95 and last traded at $93.32, with a volume of 318074 shares changing hands. The stock had previously closed at $93.44.

Hot Bank Stocks To Watch For 2019: Bel Fuse Inc.(BELFB)

Advisors' Opinion:

• [By Logan Wallace]

  ValuEngine cut shares of Bel Fuse (NASDAQ:BELFB) from a buy rating to a hold rating in a research note published on Wednesday.

  Separately, BidaskClub lowered shares of Bel Fuse from a sell rating to a strong sell rating in a research note on Saturday, January 6th.

Hot Bank Stocks To Watch For 2019: DCT Industrial Trust Inc(DCT)

Advisors' Opinion:

• [By ]

  For an "Executive Decision" segment, Cramer spoke with Hamid Moghadam, chairman and CEO of the logistics REIT, Prologis Inc.  (PLD) , which recently announced the acquisition of DCT Industrial Trust (DCT) .

• [By Stephan Byrd]

  Daiwa Securities Group Inc. lifted its holdings in DCT Industrial Trust Inc (NYSE:DCT) by 25.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 19,700 shares of the real estate investment trust’s stock after purchasing an additional 4,000 shares during the period. Daiwa Securities Group Inc.’s holdings in DCT Industrial Trust were worth $1,110,000 at the end of the most recent quarter.

• [By Joseph Griffin]

  Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of DCT Industrial Trust Inc (NYSE:DCT) by 7.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,570 shares of the real estate investment trust’s stock after acquiring an additional 1,044 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in DCT Industrial Trust were worth $821,000 as of its most recent filing with the Securities and Exchange Commission.

Hot Bank Stocks To Watch For 2019: Intelsat S.A.(I)

Advisors' Opinion:

• [By Rich Smith]

  Shares of communications satellite operator Intelsat (NYSE:I) jumped more than 12% early Tuesday -- for the second day in a row -- before closing the day up a still-respectable 10.9%. Once again, the catalyst for the move appears to have been a simple press release.

• [By Lisa Levin]

  On Tuesday, the telecommunication services shares climbed 1.33 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 6 percent, and Frontier Communications Corporation (NASDAQ: FTR), up 2 percent.

• [By Lisa Levin]

  Friday morning, the telecommunication services shares rose 2.12 percent. Meanwhile, top gainers in the sector included Intelsat S.A. (NYSE: I), up 4 percent, and Verizon Communications Inc. (NYSE: VZ) up 3 percent.