Daiwa Securities Group Inc. raised its position in Smith Douglas Homes Corp. ( NYSE:SDHC – Free Report ) by 31.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,487 shares of the company’s stock after acquiring an additional 7,015 shares during the period. Daiwa Securities Group Inc. owned approximately 0.06% of Smith Douglas Homes worth $1,114,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors also recently bought and sold shares of the company. nVerses Capital LLC acquired a new stake in Smith Douglas Homes in the third quarter valued at approximately $34,000. RiverPark Advisors LLC acquired a new stake in Smith Douglas Homes in the second quarter valued at approximately $120,000. Atria Investments Inc acquired a new stake in Smith Douglas Homes in the third quarter valued at approximately $204,000. Portside Wealth Group LLC purchased a new position in shares of Smith Douglas Homes in the third quarter worth $283,000. Finally, Victory Capital Management Inc. purchased a new position in shares of Smith Douglas Homes in the third quarter worth $349,000. Insider Buying and Selling In other news, Director Jeffrey T. Jackson acquired 8,605 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was bought at an average price of $29.77 per share, with a total value of $256,170.85. Following the completion of the acquisition, the director now owns 15,748 shares of the company’s stock, valued at approximately $468,817.96. This represents a 120.47 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website . Smith Douglas Homes Price Performance Analysts Set New Price Targets A number of research analysts have issued reports on SDHC shares. JPMorgan Chase & Co. cut shares of Smith Douglas Homes from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $41.00 to $36.00 in a report on Monday, November 25th. Wells Fargo & Company raised their price target on shares of Smith Douglas Homes from $35.00 to $40.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Wedbush reaffirmed a “neutral” rating and issued a $20.00 price target on shares of Smith Douglas Homes in a report on Tuesday, November 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $26.00 price target on shares of Smith Douglas Homes in a report on Thursday, August 15th. Finally, Bank of America raised their price target on shares of Smith Douglas Homes from $36.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Smith Douglas Homes presently has a consensus rating of “Hold” and a consensus price target of $32.40. Get Our Latest Stock Report on SDHC Smith Douglas Homes Profile ( Free Report ) Smith Douglas Homes Corp., together with its subsidiaries, engages in the design, construction, and sale of single-family homes in the southeastern United States. It also provides closing, escrow, and title insurance services. The company sells its products to entry-level and empty-nest homebuyers. Smith Douglas Homes Corp. Featured Articles Want to see what other hedge funds are holding SDHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Smith Douglas Homes Corp. ( NYSE:SDHC – Free Report ). Receive News & Ratings for Smith Douglas Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smith Douglas Homes and related companies with MarketBeat.com's FREE daily email newsletter .
Trump threatens to try to take back the Panama Canal. Panama's president balks at the suggestion(The Center Square) – Paula Scanlan is hopeful the narrative around gender ideology is shifting, especially as Republicans prepare for majorities in both chambers of the 119th Congress and a seat in the White House. “I am hopeful that with the majorities now that we will be able to get across the finish line,” Scanlan told The Center Square on Thursday, speaking of more legislation on the way to protect women's spaces. “Obviously, this goes beyond sports ... So ideally, I think that the biggest thing would be to federally pass something that says this is what a woman is.” Scanlan a day earlier was part of a panel where U.S. Sen. Roger Marshall, R-Kan., announced that Republicans plan to soon introduce legislation to “protect children from transgender medical procedures.” A report from the advocacy group Do No Harm released four weeks before Election Day included documented evidence of such activity being performed on a 7-year-old . “We’ll be introducing the STOP Act soon,” said Marshall . “We are going to use the Commerce Act to punish people who perform any type of surgery, or who use any type of medications on minors.” STOP is an acronym for Safeguarding the Overall Protection of Minors. The panel said that the legislation is an important and necessary step to protect children. Scanlan and Marshall, a host with the American Principles Project, were on the panel alongside U.S. Sen. Tommy Tuberville, R-Ala.; U.S. Rep. Mary Miller, R-Ill.; Terry Schilling, president of the American Principles Project; and Sarah Parshall Perry, senior legal fellow at the Heritage Foundation. “We all know by now that so-called gender affirming care is anything but caring,” Tuberville said. “It is pure insanity and has caused irreversible damage to countless children. This isn’t about politics, this is about good and evil.” Scanlan is an ambassador for Independent Women's Voice and a former collegiate swimmer at the University of Pennsylvania. Swimming for the Quakers, she and teammates endured being not only on the same team but in the same locker room as a swimmer who for the first three years swam on the men's team. “I was a swimmer at the University of Pennsylvania and the administration, the university and the NCAA said , ‘Here's a man who wants to swim on your team, please accept him,’” she explained during the panel. “This entire situation really made all female athletes feel isolated and alone, and like they know where to go.” Scanlan said that it wasn’t just competing that isolated the female athletes. “Eighteen times per week, my teammates and I were forced to undress next to a 6-foot-4, fully-intact male,” Scanlan said. “As a female athlete, this was just something I couldn't even imagine. It was something I never imagined would happen to me when I went off to college.” The STOP Act is one of a few beginnings. U.S. Rep. Nancy Mace, R-S.C., has proposed legislation seeking to protect women’s spaces on all federal property nationwide. This would include bathrooms, locker rooms and prisons. Scanlan said this shows that public opinion is on the side of her and the panel. “This is really the first time we're seeing more of these people in power stepping up and actually doing the right thing and saying enough is enough” she said. “Now, we are looking at entire teams that are feeling empowered to be able to boycott ... or object to competing against males. It's widespread.” A notable case of that is San Jose State, where Blaire Fleming's participation has led to seven opponents forfeiting rather than playing a women's team that includes a man saying he is a woman. Tuberville and Marshall emphasized they believe the majority of Americans would agree with the proposed legislation. "The American people are sick of this nonsense," Tuberville said . "It’s time we restore some sanity and get common sense back in this country." Scanlan said that while she supports the national legislation Republicans are considering, it is important for states to also continue to pass legislation. “I always remind people who are really excited about having a presidency that we don't know what might happen in four years," she said. "So, of course, it's also important to codify this in states. We are going to continue our efforts. There's still a lot of work to be done, and I don't really see it as a win until we've finished this on the state level.”
NEW YORK , Dec. 23, 2024 /PRNewswire/ -- A closed-end fund that invests in global equities using a disciplined value approach Average weekly trading volume of approximately 48,746 shares Fund's adviser has more than 50 years of small- and micro-cap investment experience CLOSING PRICES AS OF 11/30/24 NAV 13.80 MKT 11.79 AVERAGE ANNUAL TOTAL RETURN AS OF 11/30/24 NAV (%) MKT (%) One-Month* 4.23 2.50 Year to Date* 17.75 20.89 One-Year 28.25 30.00 Three-Year 1.68 -1.71 Five-Year 7.89 7.98 10-Year 7.78 7.38 *Not Annualized Important Performance and Expense Information All performance information reflects past performance, is presented on a total return basis, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the most recent month-end may be obtained at www.royceinvest.com . The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold. The Fund invests primarily in securities of small-cap and mid-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in U.S. investments. PORTFOLIO DIAGNOSTICS Average Market Cap 1 $2686.5M Weighted Average P/E 2 23.3x Weighted Average P/B 2 3.0x Net Assets $87.8M Net Leverage 2.6 % 1 Geometric Average : This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median. 2 Harmonic Average : This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks. The Price-Earnings , or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (18% of portfolio holdings as of 11/30/24). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share. The Price-to-Book , or P/B, Ratio is calculated by dividing a company's share price by its book value per share. Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets. Portfolio Composition TOP 10 POSITIONS % OF NET ASSETS (SUBJECT TO CHANGE) FTAI Aviation 4.1 Tel Aviv Stock Exchange 3.0 SEI Investments 2.6 Sprott 2.3 ESAB Corporation 2.2 Protector Forsikring 2.1 Alamos Gold Cl. A 2.0 APi Group 2.0 Viper Energy Cl. A 2.0 Morningstar 2.0 TOP FIVE SECTORS % OF NET ASSETS (SUBJECT TO CHANGE) Industrials 35.4 Financials 25.9 Information Technology 15.6 Materials 7.5 Health Care 5.4 Recent Developments The investment goal of Royce Global Trust is long-term growth of capital. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock, and at least 65% of its net assets in the equity securities of companies located in at least three countries outside of the United States . Royce & Associates, LP manages the Fund. Daily net asset values (NAVs) for Royce Global Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRGTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com . An investor in Royce Global Trust should consider the Fund's investment goals, risks, fees, charges, and expenses carefully before purchasing share's of the Fund's common stock. Important Disclosure Information Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds. View original content: https://www.prnewswire.com/news-releases/royce-global-trust-nyse-rgt-as-of-nov-30-2024-302338581.html SOURCE Royce Global Value Trust, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Apple recently issued a critical security warning to iPhone users about sophisticated spyware capable of compromising devices without any user interaction. This revelation has sent shockwaves through the tech community, raising concerns about the vulnerability of even the most secure smartphones. This spyware, identified as Pegasus, developed by the Israeli firm NSO Group, can potentially grant attackers complete access to your iPhone, including your personal data, messages, calls, and even your camera and microphone. This isn’t the first time Pegasus has made headlines. It has been allegedly used in various targeted attacks against journalists, activists, and political figures worldwide. What makes this recent warning particularly alarming is the discovery of a new “zero-click” exploit, meaning the spyware can infect your device without you even clicking a malicious link or downloading a compromised file. This invisible threat has raised the stakes significantly, making it crucial for iPhone users to understand the risks and take necessary precautions. What is Pegasus and how does it work? Pegasus is a highly sophisticated spyware program that can infiltrate iPhones and other devices, turning them into surveillance tools. It exploits vulnerabilities in the device’s software to gain access to a treasure trove of personal information: The recent discovery of the “zero-click” exploit signifies a new level of sophistication. Previously, Pegasus relied on social engineering tactics, tricking users into clicking malicious links or downloading infected attachments. This new method bypasses any user interaction, making it incredibly difficult to detect and prevent. Who is at risk? While anyone with an iPhone can potentially be targeted by Pegasus, the primary targets tend to be: However, it’s important to remember that anyone can become a target, especially with the rise of “zero-click” exploits. What can you do to protect yourself? While the threat of “zero-click” spyware is daunting, there are steps you can take to mitigate the risk: What is Apple doing about it? Apple is actively working to address the threat of spyware like Pegasus. They have a dedicated security team that investigates and patches vulnerabilities. They also collaborate with security researchers and organizations to stay ahead of emerging threats. In response to the recent Pegasus attacks, Apple has released security updates and is actively suing NSO Group to prevent further abuse of their technology. My personal experience: As a tech enthusiast, I’ve always been mindful of online security. However, the news of “zero-click” spyware was a wake-up call. It made me realize that even the most secure devices can be vulnerable. I immediately updated my iPhone and reviewed all my app permissions. I also started using a VPN for added security. While these measures may not guarantee complete protection, they certainly provide an extra layer of defense. What does the future hold? The battle between security researchers and spyware developers is an ongoing arms race. As security measures improve, attackers find new ways to exploit vulnerabilities. It’s crucial to stay informed about the latest threats and take proactive steps to protect yourself. The threat of spyware like Pegasus highlights the importance of digital security awareness. By staying informed and taking precautions, you can significantly reduce your risk of becoming a victim. Key takeaways: Remember, staying vigilant and informed is your best defense against the ever-evolving landscape of cyber threats.
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