InvestorsObserver
×
News Home

Ally Financial (ALLY), EPR Properties (EPR) Lead Highs Tuesday

Tuesday, June 01, 2021 02:04 PM | Nick Dey

Mentioned in this article

Ally Financial (ALLY), EPR Properties (EPR) Lead Highs Tuesday

During trading Tuesday, 229 stocks traded to a 52-week high, while 1 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.12% so far today while the Dow is up 0.1%, the Nasdaq is down 0.1%, and the Russell 2000 is up 0.79%.

Stocks are mixed Tuesday morning, despite starting the day off in the green. The ISM Manufacturing Index had a mixed showing today, beating estimates for a reading of 61.0% with a showing of 61.2% for the month of May. While the growth in the Manufacturing Index shows good improvement from the prior month's reading of 60.7%, the news itself is mixed because, after digging deeper into the report, it shows that suppliers are continuing to struggle to meet rising demand amidst shortages, as shown by a drop in the Production Index to 58.5% from 62.5%, while the Backlog of Orders Index jumped to 70.6% from 68.2%, and the Inventories Index rose to 50.8% from 46.5%, all while the New Orders Index rose to 67.0% from 64.3%.

Sector Highlights

Financial Services stocks dominated our list of highs today with 59 out of the 229 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, increasing 0.51% so far on the day. Over the last month the Financial Services sector has outperformed the market, increasing 5.86% while the S&P increased 0.42%.

Ally Financial (ALLY) is on highs after being initiated at Deutsche Bank at Buy with a price target of $65 per share. Meanwhile, Unum Group (UNM) is on highs after raising its quarterly dividend to $0.30 per share from $0.285 per share.

Financial Services: AFG, AFL, AIG, ALLY, ATH, AXP, BAC, BGCP, BHLB, BK, BKCC, BLK, BPFH, BPOP, BUSE, BX, C, CASH, CINF, CMA, CME, COF, CUBI, EGBN, EZPW, FRC, FSK, GBDC, GS, HLI, JHG, JPM, LAZ, LBAI, LNC, MMC, MS, NAVI, NDAQ, NEWT, NTRS, OCSL, OMF, ORCC, ORI, PNNT, PRU, PSEC, RF, SC, SCHW, SEIC, SFBS, SIVB, STL, SYF, TFSL, TROW, UNM

Real Estate had the second largest presence on our 52-week highs, with 39 out of 229 highs coming from the Real Estate sector. The Real Estate sector is outperforming the market today, increasing 0.92% so far on the day. Over the last month the Real Estate sector has outperformed the market, increasing 2.06% while the S&P increased 0.42%.

EPR Properties (EPR) is on highs after being upgraded to Strong Buy from Buy at Raymond James, with a price target of $62 per share ahead of the company's earnings report this Friday, August 4, where the company is expected to report second quarter profits of $0.55 per share.

Real Estate: AAT, ABR, ACC, ACRE, ALEX, APLE, ARI, AVB, BDN, BPY, BPYU, BRX, BXP, CIM, CIO, CUBE, EPR, EQR, EXR, GNL, GOOD, HIW, INVH, IRT, KRC, KREF, LSI, MAA, NLY, PGRE, PSA, RPAI, SLG, SPG, SRC, TRTX, UDR, UE, WPC

The Lists

The following stocks traded to 52-week highs:

A, AAT, AAWW, ABR, ACC, ACRE, ADI, ADNT, AFG, AFL, AGRO, AIG, ALEX, ALLY, AMEH, AMR, APLE, APLS, AQUA, AR, ARCH, ARI, ASH, ATH, ATI, AVB, AWI, AXP, BAC, BCEI, BDN, BGCP, BHLB, BIP, BK, BKCC, BLK, BPFH, BPOP, BPY, BPYU, BRX, BRY, BUSE, BX, BXP, C, CAR, CASH

The following stocks traded to 52-week lows:

AGLE

The following ETFs traded to a 52-week high:

AFK, BNO, DBC, DJP, EFA, EPOL, EWC, EWG, EWI, EWK, EWN, EWO, EWP, EWQ, EWU, EWW, EWZ, EZA, EZU, FXC, GSG, IAI, ICF, IEO, ILF, IOO, ITA, IYF, IYG, IYR, JO, KCE, OIL, PIN, PPA, RSX, UGA, URE, USCI, USO, UYG, VGK, VNM, VNQ, XLF, XME, XOP

The following ETFs traded to a 52-week low:

SMN

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App