Friday, August 9, 2013

Hot Canadian Companies To Watch For 2014

The following three companies reported the largest CEO buys in terms of transaction amount over the past week. A common idea regarding insider buying is that an insider wouldn�� spend their own money investing unless they expected the price to rise. Which leads to the importance of CEO buys. CEO insider transactions are important to note because as the leader of a company CEOs are typically thought of to have the most insight into the inner workings of a company.

Invesco Mortgage Capital (IVR)

President and CEO of Invesco Richard King reported a rather notable insider buy on Aug. 5. The CEO purchased 6,500 shares of company stock at an average price of $15.41 per share. This purchase cost King a total of $100,165. Since this buy, the share price has increased a minor 0.13%. King now holds on to at least 56,545 shares of Invesco Mortgage stock.



King�� buy comes as the company�� price has recently dwindled down to nearly its 2-year low price of $14.13. His buy is also the first insider buy reported since May. Since the last purchase reported in May, the share price has dropped -21.32%.

Invesco Mortgage Capital is a REIT that acquires, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. The company�� portfolio contains: residential mortgage-backed securities for which a U.S. Government agency or federally chartered corporation guarantees payment of principal and interest, residential mortgage-backed securities that are not issued or guaranteed, commercial mortgage-backed securities and residential and commercial mortgage loans.

Invesco�� historical price, revenue and net income:

[ Enlarge Image ]

[ Enlarge Image ]

The company�� second quarter financials reported:

路 Net income of $140.3 million, or $1.03 per common share.
路 Core earnings of $79.8 million, or $0.59 per common share.
路 Book value of $17.88 per common share.
路 Maintained a $0.65 per share dividend
Invesco Mortgage Capital has a market cap of $2.09 billion. Its shares are currently trading at around $15.43 with a P/E ratio of 5.60, a P/S ratio of 4.80 and a P/B ratio of 0.80. The dividend yield for Invesco stocks is 16.90%.

Jim Simons and Jeremy Grantham maintain holdings in IVR.

Swift Energy Company (SFY)

During the past week CEO and Chairman of Swift Energy Company, Terry Swift, reported the first insider transaction reported in the company since February.

On Aug. 5 Swift added 20,000 shares to his stake in the company. The CEO purchased these shares at an average price of $11.85 per share, costing him a total of $237,000. Since his buy, the price per share has increased a minor 0.34%. Swift currently holds the most shares of any insider with a total of 408,655 shares of company stock.



Swift�� buy come as the price has hit a 3-year low.

Swift Energy Company is an independent U.S.-based oil and natural gas company with three core areas of operation in Louisiana and Texas.

Swift Energy�� historical price, revenue and net income:

[ Enlarge Image ]

[ Enlarge Image ]

The company�� second quarter financials reported:

路 Earnings of $6.7 million, or $0.15 per diluted share, up 122% from the second quarter financials.
路 Adjusted cash flow of $72.8 million, or $1.67 per diluted share, compared to $72.7 million, or $1.69 per diluted share in 2012.
路 Produced 2.78 million barrels of oil equivalent, a 5% decrease from second quarter 2012 production.
路 Total revenues increased 6% to $142.5 million.

The Peter Lynch Chart shows that Swift Energy currently appears to be overvalued:

[ Enlarge Image ]

Swift Energy has a market cap of $517.1 million. Its shares are currently trading at around $11.92 with a P/E ratio of 18.10, a P/S ratio of 0.90 and a P/B ratio of 0.50.

There are currently four gurus that maintain a position in SFY. Click here to see their holding histories.
Signatu! re Group Holdings (SGGH)

Over the past week, two insiders have made significant buys of Signature Group Holdings.

On Aug. 2, Director Peter Bynoe purchased 125,000 shares at an average price of $1.19 per share. Bynoe spent a total of $148,750 on this transaction. Since his buy, the share price has increased an additional 15.97%. The director now holds 125,000 shares of company stock.

CEO Craig Bouchard added 100,000 shares to his holdings on Aug. 5. The CEO purchased these shares at an average price of $1.22 per share. This transaction cost him a total of $122,000. Since this buy, the price per share has increased approximately 13.11%. Bouchard now owns 1,070,866 shares of company stock.



These insider buys come as the share price has recently shot up to a 5-year high.

Signature Group Holdings is a diversified enterprise with current principal activities in industrial supply and special situations finance.

The company�� historical price, revenue and net income:

[ Enlarge Image ]

[ Enlarge Image ]

The company�� second quarter financials reported:

路 $1.8 million operating profit from continuing operations.
路 Net loss of $1.9 million, or $0.02 per share, up from a net loss of $3.9 million, or $0.04 during the second quarter 2012.
路 Operating revenues were $14.9 million, compared to $9.3 million last year.

Signature Group Holdings has a market cap of $167.9 million. Its shares are currently trading at around $1.38 with a P/S ratio of 4.60 and a P/B ratio of 2.90.

There are currently no gurus that maintain a position in SGGH.

You can view all CEO buys and sells here. Also, check out the new Canadian Insider Trade Page.

Try a free 7-day Premium Membership Trial here.

Hot Canadian Companies To Watch For 2014: ING Group N.V. (IDG)

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services for individuals, families, small businesses, corporations, institutions, and governments worldwide. The company provides savings accounts, mortgage loans, consumer loans, credit card services, and investment products, as well as current account services and payments systems; life and non-life insurance products; asset management products and services; mortgage products; and risk management services. It also offers commercial banking products and services, including lending products, such as structured finance; payment and cash management, and treasury services; and specialized and trade finance, derivatives, corporate finance, debt and equity capital markets, leasing, factoring, and supply chain finance. In addition, the company provides individual endowment, and term and whole life insurance products, as well as traditional, unit-linked, and variable annuity life insurance products for individual and group customers; fire, motor, disability, transport, accident, and third party liability insurance products; employee benefits products and pension funds; retirement services, fixed annuities, mutual funds, and broker-dealer services; and disability insurance products and complementary services for employers and self-employed professionals comprising dentists, general practitioners, and lawyers. Further, the company offers investment management services. ING Groep N.V. operates a network of approximately 280 branches in the Netherlands; and 773 branches in Belgium. The company was founded in 1991 and is headquartered in Amsterdam, the Netherlands. ING Groep N.V. is a subsidiary of Stichting ING Aandelen.

Hot Canadian Companies To Watch For 2014: Hudbay Minerals Inc (HBM)

HudBay Minerals Inc., an integrated mining company, engages in the exploration and development of copper, zinc, and precious metals mines in North and South America. It primarily produces copper concentrates containing copper, gold, and silver; and zinc metal. The company principally owns underground 777 mine that covers an area of 4,400 hectares and is located in Flin Flon, Manitoba. It also owns ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan. The company was founded in 1992 and is based in Toronto, Canada.

Top 10 Performing Stocks To Watch For 2014: Yamana Gold Inc.(AUY)

Yamana Gold Inc. engages in gold and other precious metals mining, and related activities, including exploration, extraction, processing, and reclamation. It also explores for copper, molybdenum, zinc, and silver metals. The company's portfolio includes 7 operating gold mines namely Chapada; El Pen Advisors' Opinion:

  • [By Barker]

    I believe I have touted Yamana Gold's clear prowess as a deep-value favorite from every possible angle. With arguably the lowest downside risk of any stock in the sector, I join fellow value hounds in waiting patiently for the market to recognize the full value of these shares.

Hot Canadian Companies To Watch For 2014: STMicroelectronics N.V.(STM)

STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. Its products include discrete and standard commodity components, application-specific integrated circuits, custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications. The company also offers subsystems and modules for the telecommunications, automotive, and industrial markets comprising mobile phone accessories, battery chargers, ISDN power supplies, and in-vehicle equipment for electronic toll payment, as well as provides Smartcard products. Its products are used in various microelectronic applications consisting of automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation, and control systems. The company sells its products through distributors and ret ailers. STMicroelectronics N.V. was founded in 1987 and is headquartered in Geneva, Switzerland.

No comments:

Post a Comment