Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for AGNC Investment Corp. > News item |
Regions Financial fixed-to-floaters improve; AGNC preferreds rise; Duke Energy better
By James McCandless
San Antonio, April 25 – Amid a broad market shift downward, top traders in the preferred space ended the day mixed.
Leading trading volume again, Regions Financial Corp.’s new 5.7% series C fixed-to-floating rate non-cumulative perpetual preferred stock improved.
The preferreds, trading under the temporary symbol “RXFCL,” were up 12 cents to close at $25.40 on volume of about 999,000 shares.
Elsewhere in finance, KeyCorp’s new 5.625% series G non-cumulative redeemable preferred shares slipped.
The preferreds, trading under the temporary symbol “KEYLL,” dropped 5 cents to close at $24.90 with about 384,000 shares trading.
Meanwhile, AGNC Investment Corp.’s series D fixed-to-floating rate cumulative redeemable preferred stock was also on the rise.
The preferreds (Nasdaq: AGNCM) rose 1 cent to close at $25.15 on volume of about 850,000 shares.
Sector peer UMH Properties, Inc.’s 6.75% series C cumulative redeemable preferred stock finished lower.
The preferreds (NYSE: UMHPrC) lost 4 cents to close at $24.91 with about 554,000 shares trading.
On Thursday morning, the company priced another $90 million of the series C preferreds.
And in utilities, Duke Energy Corp.’s 5.75% series A cumulative redeemable perpetual preferreds ended better.
The preferreds (NYSE: DUKPrA) added 2 cents to close at $25.80 on volume of about 838,000 shares.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.