Financial Sector Losers: Flagstar Bancorp Inc (NYSE:FBC), Hannon Armstrong Sustnbl Infrstr (NYSE:HASI), Pzena Investment Management (NYSE:PZN), Citizens (NYSE:CIA)

Technology Stocks News 11

Research analysts at FBR Capital Markets cut their price target on shares of Flagstar Bancorp Inc (NYSE:FBC) to $20.00 in a report released on Wednesday, StockRatingsNetwork.com reports. The firm currently has a “market perform” rating on the stock. FBR Capital Markets’ target price indicates a potential downside of 2.49% from the stock’s previous close. Flagstar Bancorp Inc (NYSE:FBC) stock performance was -6.14% in last session and finished the day at $19.25. Traded volume was 1.20million shares in the last session and the average volume of the stock remained 220.53K shares. The beta of the stock remained 2.93. Flagstar Bancorp Inc (NYSE:FBC) insider ownership is 0.40%.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) announced today the pricing of its underwritten public offering of 5,000,000 shares of common stock at a price of $13.00 per share. Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) dropped -5.65 percent to $13.18 Wednesday on volume of 333,694.00million shares. The intra-day range of the stock was $13.01 to $13.78. Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE:HASI) has a market capitalization of $223.76million.

Pzena Investment Management Inc (NYSE:PZN) posted its quarterly earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.01. Pzena Investment Management, Inc. (NYSE:PZN)’s stock on Apr 23, 2014 reported a decrease of -9.92% to the closing price of $11.17. Its fifty two weeks range is $5.72 -$12.73. The total market capitalization recorded $725.81million. The overall volume in the last trading session was 174.656.00million shares. In its share capital, PZN has 65.16million outstanding shares.

On Tuesday, May 6, 2014, Citizens, Inc. (NYSE:CIA) plans to issue its news release regarding first-quarter ended 2014 results. On Wednesday, May 7, 2014, Citizens, Inc. (NYSE:CIA) expects to conduct a conference call to discuss operating results at 10:00 AM Central Time (11:00 AM ET). On Wednesday, shares of Citizens, Inc. (NYSE:CIA) dropped -5.03% to close the day at $6.79. Company return on investment (ROI) is 2.00% and its monthly performance is recorded as -10.78%. Citizens, Inc. (NYSE:CIA) quarterly revenue growth is -10.66%.

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