Beacon Financial Group Lowered By $445,544 Its Pioneer Floating Rate Trust (PHD) Stake; DNB ASA ORDINARY SHARES (DNBHF) Shorts Up By 4.04%


Beacon Financial Group decreased Pioneer Floating Rate Trust (PHD) stake by 40.02% reported in 2017Q4 SEC filing. Beacon Financial Group sold 40,504 shares as Pioneer Floating Rate Trust (PHD)’s stock rose 0.17%. The Beacon Financial Group holds 60,703 shares with $696,000 value, down from 101,207 last quarter. Pioneer Floating Rate Trust now has $288.45M valuation. The stock increased 0.26% or $0.03 during the last trading session, reaching $11.66. About 44,643 shares traded. Pioneer Floating Rate Trust (NYSE:PHD) has declined 5.65% since April 11, 2017 and is downtrending. It has underperformed by 17.20% the S&P500.

DNB ASA ORDINARY SHARES (OTCMKTS:DNBHF) had an increase of 4.04% in short interest. DNBHF’s SI was 3.66M shares in April as released by FINRA. Its up 4.04% from 3.52M shares previously. With 5,200 avg volume, 705 days are for DNB ASA ORDINARY SHARES (OTCMKTS:DNBHF)’s short sellers to cover DNBHF’s short positions. The SI to DNB ASA ORDINARY SHARES’s float is 0.39%. The stock decreased 0.04% or $0.0075 during the last trading session, reaching $19.4925. About shares traded. DNB ASA (OTCMKTS:DNBHF) has 0.00% since April 11, 2017 and is . It has underperformed by 11.55% the S&P500.

DNB ASA provides various banking products and services for retail and corporate clients in Norway and internationally. The company has market cap of $31.65 billion. It operates through five divisions: Personal customers, Small and Medium-Sized Enterprises, Large Corporates and International Customers, Trading, and Traditional Pension Products. It has a 11.9 P/E ratio. The firm offers savings and investment products, including saving accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, and asset management services; and loans, such as home mortgages, car and consumer loans, installment loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.

Among 4 analysts covering DNB ASA (OTCMKTS:DNBHF), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. DNB ASA had 5 analyst reports since October 23, 2015 according to SRatingsIntel. The company was downgraded on Friday, January 13 by Berenberg. As per Tuesday, December 8, the company rating was initiated by Jefferies. Citigroup downgraded DNB ASA (OTCMKTS:DNBHF) on Friday, October 23 to “Neutral” rating. The firm has “Buy” rating given on Thursday, November 17 by Jefferies. The rating was upgraded by JP Morgan on Friday, October 7 to “Overweight”.

Investors sentiment increased to 0.7 in 2017 Q4. Its up 0.02, from 0.68 in 2017Q3. It is positive, as 6 investors sold PHD shares while 14 reduced holdings. 6 funds opened positions while 8 raised stakes. 5.88 million shares or 14.96% less from 6.91 million shares in 2017Q3 were reported. Greenwich Wealth Management Limited Company reported 11,826 shares. Comerica Inc, Michigan-based fund reported 140,760 shares. Bank & Trust Of America De stated it has 265,516 shares. Pnc Svcs Grp Incorporated holds 0% or 8,110 shares in its portfolio. 154,327 are owned by Royal Bancorporation Of Canada. Invesco Ltd holds 0% or 389,097 shares. Wolverine Asset Mngmt stated it has 29,261 shares. 491,946 were accumulated by Bessemer Gp. Raymond James & Associate holds 18,218 shares or 0% of its portfolio. Capital Investment Advsr Ltd Llc invested in 0.05% or 66,643 shares. Fiera Capital holds 0% of its portfolio in Pioneer Floating Rate Trust (NYSE:PHD) for 10,695 shares. Moreover, Thompson Siegel And Walmsley Llc has 0% invested in Pioneer Floating Rate Trust (NYSE:PHD). Fort Washington Investment Advsrs Oh holds 0.01% or 81,735 shares. Zazove Lc holds 47,798 shares or 0.03% of its portfolio. Camarda Financial Advisors Lc invested in 6.65% or 484,457 shares.

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