Latest news with #Inc.
Business Insider
2 hours ago
- Business
- Business Insider
UBS Sticks to Their Buy Rating for Akeso, Inc. (9926)
UBS analyst Chen Chen maintained a Buy rating on Akeso, Inc. (9926 – Research Report) yesterday and set a price target of HK$112.10. The company's shares closed yesterday at HK$83.80. Confident Investing Starts Here: Chen covers the Healthcare sector, focusing on stocks such as RemeGen Co. Ltd. Class H, Hangzhou Tigermed Consulting Co., Ltd. Class H, and Akeso, Inc.. According to TipRanks, Chen has an average return of 54.7% and a 78.57% success rate on recommended stocks. Currently, the analyst consensus on Akeso, Inc. is a Strong Buy with an average price target of HK$103.71, which is a 23.76% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Buy rating on the stock with a HK$87.00 price target.
Business Insider
2 hours ago
- Business
- Business Insider
Akeso, Inc. (9926) Receives a Buy from J.P. Morgan
J.P. Morgan analyst Yang Huang maintained a Buy rating on Akeso, Inc. (9926 – Research Report) yesterday and set a price target of HK$110.00. The company's shares closed yesterday at HK$83.80. Confident Investing Starts Here: According to TipRanks, Huang is a 5-star analyst with an average return of 25.0% and a 70.18% success rate. Huang covers the Healthcare sector, focusing on stocks such as Akeso, Inc., Wuxi Biologics (Cayman), and RemeGen Co. Ltd. Class H. Akeso, Inc. has an analyst consensus of Strong Buy, with a price target consensus of HK$103.71, implying a 23.76% upside from current levels. In a report released on May 21, Bernstein also maintained a Buy rating on the stock with a HK$65.00 price target.
Yahoo
6 hours ago
- Business
- Yahoo
BayCom Corp (NASDAQ:BCML) is favoured by institutional owners who hold 62% of the company
Given the large stake in the stock by institutions, BayCom's stock price might be vulnerable to their trading decisions The top 13 shareholders own 51% of the company Insiders have been selling lately We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If you want to know who really controls BayCom Corp (NASDAQ:BCML), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 62% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Given the vast amount of money and research capacities at their disposal, institutional ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's delve deeper into each type of owner of BayCom, beginning with the chart below. View our latest analysis for BayCom Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that BayCom does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of BayCom, (below). Of course, keep in mind that there are other factors to consider, too. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in BayCom. BlackRock, Inc. is currently the company's largest shareholder with 8.5% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.2% and 5.7% of the stock. Additionally, the company's CEO George Guarini directly holds 2.1% of the total shares outstanding. A closer look at our ownership figures suggests that the top 13 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We can report that insiders do own shares in BayCom Corp. As individuals, the insiders collectively own US$23m worth of the US$292m company. It is good to see some investment by insiders, but it might be worth checking if those insiders have been buying. The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we've discovered 1 warning sign for BayCom that you should be aware of before investing here. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yomiuri Shimbun
10 hours ago
- Business
- Yomiuri Shimbun
China Hopes to Improve Japan Ties Amid Conflict with U.S.; Resumption of Japanese Seafood Imports Seen as Attempt to Boost Ties with Neighbors
The Yomiuri Shimbun Chief Cabinet Secretary Yoshimasa Hayashi, second from left, speaks at a meeting to expand exports of agricultural, forestry and fishery products at the Prime Minister's Office on Friday. Japan and China agreed to begin procedures to resume exports of Japanese marine products to China. Amid Beijing's conflict with Washington, China is hoping the move will improve bilateral ties with Japan. However, the resumption of exports of Japanese marine products will only apply to 37 prefectures, excluding Tokyo and nine other prefectures. The Japanese side will continue to seek the resumption of exports from these 10 prefectures as well as China's positive responses to other bilateral issues. 'This could be a big step forward in tackling various issues between Japan and China,' Foreign Minister Takeshi Iwaya said at a press conference on Friday. China imposed a total ban on imports of Japanese marine products in response to the release of treated water from Tokyo Electric Power Company Holdings, Inc.'s Fukushima No. 1 nuclear power plant into the ocean. The release began in August 2023. Beijing subsequently launched a campaign criticizing the release at international conferences and other venues, saying, 'The Pacific Ocean is not a sewer for Japan's 'nuclear-contaminated water.'' Perceiving China's move as a way to undermine Japan's position in the international community, the Japanese government focused on winning the understanding of various countries, including South Korea and Pacific island nations. Japan had urged China to withdraw the embargo while spreading the view that there was no scientific evidence to support Beijing's ban. Under the latest agreement, such documents as an inspection certificate for radioactive tritium will be required for the initial exports, but the export procedures are expected to be almost the same as before August 2023. 'It took time, but we were able to achieve results without making major concessions,' a senior Foreign Ministry official said. Since U.S. President Donald Trump began his second term in January, Chinese President Xi Jinping's government has been at odds with Washington over tariffs. It is thought that China's move to resume imports of Japanese marine products is part of efforts to quickly improve ties with neighboring countries. The Chinese side hopes to attract more investments by improving ties with Japan. In 2024, direct investment in China by foreign companies declined 60% compared to the previous year, the lowest level since 1992. At the same time, China is marking this year as 'the 80th anniversary of winning the war against Japan,' inflaming people's patriotism. Some believe China worked to quickly reach an agreement with Japan because it would become more difficult for Beijing to make moves that could be seen as making concessions to Japan as the date neared Sept. 3, which marks the anniversary of China winning the war against Japan. However, some on the Chinese side have made certain remarks that raise doubts about whether the country wants to improve relations with Japan. At a press conference on Friday, Lin Jian, a Chinese Foreign Ministry spokesman, referred to the treated water as 'nuclear-contaminated water.' As the Chinese government has criticized Japan, it is believed that China is slowly introducing measures to improve ties with Japan while considering public opinion at home. The decision not to include marine products from the 10 prefectures may be part of that effort. Chinese Premier Li Qiang is expected to visit Japan this year for a trilateral summit meeting between Japan, China and South Korea. Japan is to chair the summit. If realized, Prime Minister Shigeru Ishiba's first visit to China may also be considered. However, there are still many issues between Japan and China, including ensuring the safety of Japanese residents in China and China's violation of Japanese airspace with its aircraft flying near the Senkaku Islands in Okinawa Prefecture. Japan plans to cautiously explore ways to improve relations with China because the issue of economic security, with China in mind, is on the agenda for Japan-U.S. tariff negotiations. 'We will carefully move forward with our diplomacy with China one step at a time while comprehensively seeing how the U.S.-China conflict and the Japan-U.S. tariff negotiations will unfold,' said a Japanese government official.
Yahoo
17 hours ago
- Business
- Yahoo
From prison to paycheck: 1 Mo Question helps ex-offenders with jobs
The Brief 1 Mo Question, Inc. in Atlanta is helping ex-offenders reenter society by hosting career fairs and offering second chances. Richard King, a former inmate, was one of 17 ex-offenders hired on the spot at the organization's recent job fair. Founder Dr. Travis Barber, also formerly incarcerated, believes ex-offenders can become leaders and plans more job fairs to support their journey. ATLANTA - It's a scenario many don't often think about: what happens to ex-offenders when they are released from prison? For many, the transition back into society can be lonely and overwhelming. After serving their time and paying their debt to society, starting over is no easy task. One organization in Atlanta is working to change that. What we know When inmates finish their jail or prison sentence, reentering society can be almost impossible. 1 Mo Question, Inc. was created to offer second chances. "Being at a penitentiary, where you're not getting a call home every day. You are on lockdown most of the time is traumatic," said Richard King. King, a 38-year-old ex-convict, says life behind bars is denigrating and isolating. He spent 12 years in federal prison for sex trafficking and was released this past January. Now, he is focused on rebuilding his life. Recently, he attended the 1 Mo Question, Inc. job fair in search of employment. "I do deal with bad days, more so often as of late because of bills and I want to do more for my family and my son," King said. King was one of 17 ex-offenders hired on the spot during the organization's second annual Ex-Offenders Career and Employment Fair, founded by Dr. Travis Barber. Barber, who spent a decade in prison himself, knows the importance of a second chance and believes in helping others find theirs. What they're saying "They make employees like me. They become bosses, they become leaders, they become supervisors," said Dr. Barber. "It means the world to me, people counted me out, but I proved everybody wrong." King, now a tire technician, has a 16-year-old son and is committed to making a difference. He says his mission is to reach young people and keep them on the right path. "I am out here, 10 toes down, ready to embark on this new journey of my life," he said. Why you should care 1 Mo Question, Inc. remains committed to helping ex-offenders achieve redemption and plans to host additional job fairs in the coming months.
