This Morning's Technical Outlook on Asset Management Stocks -- KKR & Co., Bank of New York Mellon, Invesco, and Blackstone
NEW YORK, Jan. 2, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on KKR, BK, IVZ, and BX which can be accessed for free by signing up to www.wallstequities.com/registration. Today's attention is redirected to the Asset Management space, which is an integral component of the global Financial Services sector, responsible for professionally managing assets owned by a broad range of institutional and individual investors. This morning's research reports have been issued by WallStEquities.com on the following stocks: KKR & Co. L.P. (NYSE: KKR), The Bank of New York Mellon Corp. (NYSE: BK), Invesco Ltd (NYSE: IVZ), and The Blackstone Group L.P. (NYSE: BX). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
KKR & Co.
New York-based KKR & Co. L.P.'s stock saw a slight drop of 0.33%, finishing last Friday's trading session at $21.06. A total volume of 980,259 shares was traded. The Company's shares have gained 6.47% in the last month, 3.59% over the previous three months, and 36.84% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.12% and 10.55%, respectively. Additionally, shares of the Company, which specializes in direct and fund of fund investments in fintech sector, have a Relative Strength Index (RSI) of 66.06.
On December 08th, 2017, KKR & Co. (KKR) announced that it is acquiring Hyperion, a leading manufacturer of industrial tool components, from Sandvik. This transaction marks KKR's first acquisition of a middle-market business in the Industrials sector and is being funded through its Americas XII Fund. Get the full research report on KKR for free by clicking below at:
www.wallstequities.com/registration/?symbol=KKR
Bank of New York Mellon
Shares in New York headquartered The Bank of New York Mellon Corp. ended at $53.86, down 0.48% from the last trading session. The stock recorded a trading volume of 2.36 million shares. The Company's shares have advanced 1.58% over the previous three months and 13.68% since the start of this year. The stock is trading 1.62% and 5.77% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company have an RSI of 51.68.
On December 21st, 2017, BNY Mellon Investment Management, a division of BNY Mellon, which is the corporate brand of Bank of New York Mellon, announced the recent launch of Dreyfus Global Multi-Asset Income Fund, which began offering its shares on November 30th, 2017 (the "Fund"). The Fund uses an actively managed, global multi-asset strategy that focuses on income generation. BK's complimentary research coverage is a few simple steps away at:
www.wallstequities.com/registration/?symbol=BK
Invesco
On Friday, shares in Atlanta, Georgia-based Invesco Ltd recorded a trading volume of 1.49 million shares. The stock declined 0.63%, closing the day at $36.54. The Company's shares have gained 1.22% in the last one month, 4.28% over the previous three months, and 20.44% on an YTD basis. The stock is trading 0.86% above its 50-day moving average and 7.21% above its 200-day moving average. Additionally, shares of Invesco have an RSI of 50.61.
On December 11th, 2017, Invesco reported preliminary month-end assets under management (AUM) of $937.6 billion, an increase of 1.0% month-over-month. The increase was driven by favorable market returns, foreign exchange, and PowerShares QQQs inflows; partially offset by lower money market AUM and net long-term outflows. FX increased AUM by $3.4 billion. Preliminary average total AUM for the quarter through November 30th, 2017 was $927.4 billion, and preliminary average active AUM for the quarter through November 30th, 2017, was $731.9 billion. Register for your free research report on IVZ at:
www.wallstequities.com/registration/?symbol=IVZ
Blackstone Group
At the close of trading on Friday, shares in New York-based The Blackstone Group L.P. recorded a trading volume of 2.46 million shares. The stock finished the session 0.77% lower at $32.02. The Company's shares have gained 1.55% in the past month and 18.46% since the start of this year. The stock is trading slightly below its 200-day moving average by 0.37%. Furthermore, shares of Blackstone, which provides financial advisory services to its clients, have an RSI of 47.01.
On December 19th, 2017, Blackstone announced that it will host its Q4 and full-year 2017 investor conference call on February 01st, 2018, at 11:00 a.m. ET. The conference call will be broadcast live on the Company's website. Wall St. Equities' downloadable research report on BX available at:
www.wallstequities.com/registration/?symbol=BX
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article