Stock Offerings and Conversions, Appointments, Survey Results, and Financial Results - Analyst Notes on Investors Bancorp, BlackRock, Zions, Ventas and Digital Realty
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 15, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Investors Bancorp Inc. (NASDAQ: ISBC), BlackRock, Inc. (NYSE: BLK), Zions Bancorp. (NASDAQ: ZION), Ventas, Inc. (NYSE: VTR) and Digital Realty Trust Inc. (NYSE: DLR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2503-100free.
Investors Bancorp Inc. Analyst Notes
On May 7, 2014, Investors Bancorp Inc. (Investors Bancorp) along with New Investors Bancorp, Inc., the proposed holding Company for Investors Bank, announced the completion of its conversion from the mutual holding Company structure and related public offering. The Company stated that now Investors Bank is 100% owned by New Investors Bancorp which in turn is fully-owned by public stockholders. New Investors Bancorp sold nearly 219.6 million shares of common stock at a purchase price of $10.00 per share in the offering. Pursuant to the conversion completion and stock offering, each share of the Company's common stock owned by public stockholders was exchanged for 2.55 shares of New Investors Bancorp common stock. Consequent upon the offering execution, the exchange and the automatic vesting of outstanding stock awards, the New Investors Bancorp will have approximately 358.2 million shares outstanding and a market capitalization of approximately $3.58 billion. The full analyst notes on Investors Bancorp are available to download free of charge at:
http://www.analystsreview.com/2503-ISBC-15May2014.pdf
BlackRock, Inc. Analyst Notes
On May 8, 2014, Bloomberg reported that BlackRock, Inc. (BlackRock) appointed White House Economic Adviser Sarah Bianchi for a unit that helps governments value assets and banks comply with new regulations, effective May 12, 2014. According to an internal BlackRock memo, and as cited by Bloomberg, Sarah Bianchi will report to Craig Phillips, the Head of the financial markets advisory group within BlackRock Solutions. Bianchi served as Director of economic and domestic policy for U.S. Vice President Joe Biden and as deputy assistant to President Barack Obama for economic policy since 2011. The full analyst notes on BlackRock are available to download free of charge at:
http://www.analystsreview.com/2503-BLK-15May2014.pdf
Zions Bancorp. Analyst Notes
On May 6, 2014, California Bank & Trust, a subsidiary of Zions Bancorp., (Zions) presented the results of Small Business survey, which stated that 86% of respondents feel that their business was moving in the right direction with 87% expecting growth over the next year and 65% expecting growth of 5% or more over next 12 months. In addition, 63% of respondents expected growth to increase year-over-year. The survey, conducted throughout the state of California, was aimed at evaluating the perceptions of California's small business owners. Tory Nixon, Executive Vice President, Small Business Lending, California Bank & Trust, commented, "What our 2014 small business survey illustrates is that many California small businesses are in a unique position to capitalize on growth opportunities and weather larger macroeconomic changes." Small businesses were defined for the survey as having $10 million or less in annual revenues and employees of 50 people or less. The full analyst notes on Zions are available to download free of charge at:
http://www.analystsreview.com/2503-ZION-15May2014.pdf
Ventas, Inc. Analyst Notes
On April 25, 2014, Ventas, Inc. (Ventas) - a real estate investment trust, announced its financial results for Q1 2014. The Company reported total revenue of $741.5 million up 8.6% YoY. Normalized funds from operations (FFO) were $323.4 million, or FFO per diluted common share of $1.09, versus $301.6 million, or FFO per diluted common share of $1.03 in Q1 2013. According to Ventas, the growth in normalized FFO was primarily due to the Company's 2013 investments, same-store growth in its seniors housing operating and triple-net leased portfolios and receipt of fees and other payments. These benefits were partially offset by higher debt balances, increases in general expenses and asset sales and loan repayments since the end of Q1 2013. For 2014, Ventas expect its normalized FFO per diluted share, excluding the impact of unannounced additional acquisitions, divestitures and capital transactions, to be in the range of $4.31 and $4.37. The full analyst notes on Ventas are available to download free of charge at:
http://www.analystsreview.com/2503-VTR-15May2014.pdf
Digital Realty Trust Inc. Analyst Notes
On May 12, 2014, Digital Realty Trust Inc. (Digital Realty) reported that according to a survey conducted by Forrester Consulting on behalf of the Company, the virtualization of critical applications, big data, and data centre consolidation will drive the next wave of data centre capacity growth in Asia Pacific (APAC) region. The Company's 2014 survey of data centre trends in APAC canvassed data centre decision makers in Singapore, Hong Kong, Japan, and Australia. According to the survey study, top expected drivers of data centre capacity growth were virtualization (47%), big data (46%), and data centre consolidation (41%). Also, the study highlighted that the next tier of drivers included business growth (39%), business continuity (34%) and storage growth (32%). The full analyst notes on Digital Realty are available to download free of charge at:
http://www.analystsreview.com/2503-DLR-15May2014.pdf
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is 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 by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article