Jack Maynard Releases Statement Following I'm A Celeb Removal
Instagram adds 'Request' button so you can join a friend's live video
Facebook Messenger now supports high-resolution (4K) photos
Gotenks, Adult Gohan & Kid Buu Join the Fight in Dragon Ball FighterZ
Uber Security Breach Exposed Personal Data Of 57 Million Customers And Drivers
Canadian Imperial Bank of Commerce
15 July 2017, 11:48 | Jodi Jackson
News stories about Bank of Commerce Holdings (CA) (NASDAQ:BOCH) have trended somewhat negative on Saturday, according to Accern Sentiment.
Receive News & Ratings for Canadian Imperial Bank of Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Imperial Bank of Commerce and related companies with MarketBeat.com's FREE daily email newsletter.
Several other brokerages also recently issued reports on BOCH. Credit Suisse upgraded the shares of CM in report on Monday, August 31 to "Underperform" rating. Zacks Investment Research raised Canadian Imperial Bank of Commerce from a "sell" rating to a "hold" rating in a research report on Tuesday, July 4th. Finally, National Bank Financial reaffirmed an "outperform overweight" rating on shares of Canadian Imperial Bank of Commerce in a report on Thursday, May 18th. Zacks Investment Research lowered shares of Canadian Imperial Bank of Commerce from a "buy" rating to a "hold" rating in a report on Tuesday, April 25th. Also, the current price highlights a discount of 8.73% to analysts' high consensus price target.
A number of hedge funds and other institutional investors have recently modified their holdings of CM. O Shaughnessy Asset Management LLC raised its position in Bank of Commerce Holdings (CA) by 171.2% in the first quarter. Flinton Capital Management LLC purchased a new stake in shares of Canadian Imperial Bank of Commerce during the fourth quarter valued at approximately $191,000.
Canadian Imperial Bank of Commerce (NYSE:CM) Money Center Banks exhibits an Operating Margin of 60.70% and a Gross Margin of *TBA, therefore, displaying a Profit Margin of 38.10%. Acadian Asset Management LLC raised its position in Bank of Commerce Holdings (CA) by 176.6% in the first quarter. Renaissance Technologies LLC raised its position in Bank of Commerce Holdings (CA) by 36.0% in the fourth quarter. JCSD Capital LLC now owns 188,240 shares of the financial services provider's stock worth $2,014,000 after buying an additional 2,524 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Canadian Imperial Bank of Commerce during the first quarter valued at approximately $209,000. Institutional investors and hedge funds own 48.02% of the company's stock.
COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & global trademark and copyright laws. The original version of this news story can be accessed at https://sportsperspectives.com/2017/07/14/13900-shares-in-canadian-imperial-bank-of-commerce-cm-acquired-by-sprott-inc.html. The stock of Canadian Imperial Bank of Commerce (USA) (NYSE:CM) has "Mkt Perform" rating given on Friday, February 24 by Keefe Bruyette & Woods. 42,981 shares of the company's stock were exchanged. Canadian Imperial Bank Of Commerce now has $37.87B valuation. The stock has a market cap of $34.33 billion, a PE ratio of 9.26 and a beta of 1.08. The firm has a 50 day moving average of $11.13 and a 200 day moving average of $10.49.
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 1.11%. More interesting news about Canadian Imperial Bank of Commerce (USA) (NYSE:CM) were released by: Fool.ca and their article: "Canadian Imperial Bank of Commerce Should Buy This California Bank Next" published on June 28, 2017 as well as Fool.ca's news article titled: "Canadian Imperial Bank of Commerce: Too Cheap to Ignore?" with publication date: May 12, 2017. Canadian Imperial Bank of Commerce has a payout ratio of 47.2% meaning its dividend is sufficiently covered by earnings.
Beyonce shows photo of her twins
On Late Night with Seth Meyers , the rapper and mogul said he was happy to give Jay advice for once. "You did what with who?" She's arguably the world's most popular pop star, but we barely know anything about her, unless she wants us to know it.
Vikings WR Michael Floyd Receives Four-Game Suspension
The Vikings hoped the Minnesota native would be able to piece his life back together and give the Vikings a big target. Zimmer also said he warned Floyd that he would be released if the coach learned Floyd was lying about the alcohol.