Equities research analysts at Credit Suisse dropped their target price on shares of Qiwi PLC (NASDAQ:QIWI) from $41.00 to $31.00 in a research note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective would indicate a potential upside of 48.47% from the stock’s previous close. On Thursday shares of Qiwi plc (NASDAQ:QIWI) closed at $22.78. Company’s EPS growth for next 5 years is recorded as 20.00%.
Impac Mortgage Holdings Inc. (NYSEMKT: IMH) announced that its subsidiary, Impac Mortgage Corp., has signed a definitive agreement to acquire the mortgage operations of CashCall, Inc. (“CashCall”). In 2013, CashCall’s mortgage division was ranked by the Mortgage Bankers Association as the 31st largest residential mortgage originator with approximately $6.5 billion in total originations. In the fourth quarter of 2014, CashCall’s mortgage division volume was approximately $800 million and is expected to add significant retail direct origination volume to the Impac Mortgage Corp. platform beginning in 2015. On Thursday shares of Impac Mortgage Holdings Inc. (NYSEMKT: IMH) closed at $7.14. Company’s EPS growth for next 5 years is recorded as 4.00%.
Marcus & Millichap, Inc. (NYSE:MMI) major shareholder Phoenix Investments Holdings L unloaded 491,765 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $31.80, for a total transaction of $15,638,127.00. Following the sale, the insider now directly owns 25,450,223 shares in the company, valued at approximately $809,317,091. On last trading day Marcus & Millichap, Inc. (NYSE:MMI) moved up 7.73% to close at $34.70. Its volatility for the week is 4.71% while volatility for the month is 3.26%. Marcus & Millichap, Inc. (NYSE:MMI) monthly performance is 4.99%.
Elbit Imaging Ltd. (NASDAQ:EMITF) announced the results of the Extraordinary General Meeting of its shareholders held, Thursday, January 8, 2015, in Bnei-Brak, Israel. At the meeting, the shareholders duly approved the proposal set forth in EI’s proxy statement dated December 4, 2014, specifically, the re-election of Mrs. Elina Frenkel Ronen as an external director for an additional three-year term. Elbit Imaging Ltd. (NASDAQ:EMITF) has 53.46% insider ownership while its institutional ownership stands at 23.20%. In last trading activity company’s stock closed at $2.12.