Investor’s pick: Denbury Resources Inc. (NYSE:DNR), Parsley Energy (NYSE:PE), Cardinal Financial Corp. (NASDAQ:CFNL), WellCare Health Plans (NYSE:WCG), WuXi PharmaTech (NYSE:WX)


It was reported on 3 February 2015, that Denbury Resources Inc. (NYSE:DNR) announced that its Board of Directors has declared a quarterly cash dividend of $0.0625 per common share, a rate of $0.25 per share on an annualized basis, payable March 31, 2015, to shareholders of record as of the close of business on February 24, 2015. On Friday shares of Denbury Resources Inc. (NYSE:DNR) closed at $8.89. Company’s sales growth for last 5 years was 12.90%.

Parsley Energy Inc. (NYSE: PE) stock fell sharply in early trading Friday after the Austin-based oil and gas exploration and production company said it would offer a private placement of its common shares to repay debt. Parsley (NYSE: PE) said it would sell nearly 14.9 million shares to “selected institutional and accredited investors” and expected net proceeds of about $224 million. Houston-based Tudor, Pickering, Holt & Co. acted as financial adviser in the offering. Parsley Energy, Inc. (NYSE:PE) in last trading activity moved down -0.17% to close at $17.59. Company weekly performance is 4.89% while its quarterly performance stands at 11.12%. Parsley Energy, Inc. (NYSE:PE) is -31.56% away from its 52 week high.

It was reported on 25 January 2015, that Cardinal Financial Corp. (NASDAQ:CFNL)’s subsidiary Cardinal Bank announced that Darren T. Tully has joined the company as Vice President, Commercial Lending Officer. Tully will have responsibility for managing and growing commercial loan and deposit relationships focused primarily in Cardinal’s Arlington and Alexandria Markets. On last trading day Cardinal Financial Corp. (NASDAQ:CFNL) moved up 0.31% to close at $19.19. Its volatility for the week is 2.45% while volatility for the month is 2.76%. CFNL’s sales growth for past 5 years was 4.40% and its EPS growth for past 5 years was 22.00%. Cardinal Financial Corp. (NASDAQ:CFNL) monthly performance is 4.12%.

It was reported on 2 February 2015, that WellCare Health Plans, Inc. (NYSE: WCG), is partnering with the New York City Public Advocate’s office to offer a free Educational Public Health Awareness Summit for New York City residents. The summit, which celebrates Black History Month, will offer health screenings, flu and influenza vaccinations, entertainment and informational sessions about diseases that are prevalent among African Americans. WellCare Health Plans, Inc. (NYSE:WCG) has 0.30% insider ownership while its institutional ownership stands at 96.50%. In last trading activity company’s stock closed at $75.38.

WuXi PharmaTech (Cayman) Inc. (NYSE:WX), a leading clinical services company with operations in the greater China region, announced appointments of two key executives. Liedong Xu was named Executive Vice President and Chief Operations Officer. He brings 22 years of experience in the pharmaceutical and medical device industries, including roles of increasing responsibility at MSD Allergan, Abbott Santen , and Merck Serono. On last trading day WuXi PharmaTech (Cayman) Inc. (NYSE:WX) moved up 0.37% to close at $40.19. Its volatility for the week is 3.32% while volatility for the month is 3.33%. WX’s sales growth for past 5 years was 17.90% and its EPS growth for past 5 years was 54.60%. WuXi PharmaTech (Cayman) Inc. (NYSE:WX) monthly performance is 17.41%.


Leave a Reply

Your email address will not be published. Required fields are marked *