Financial Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Financial (NYSE:XLF) sector:

Gainers (% price change)

  • MGIC Investment Corp. (NYSE:MTG): The shares closed at $2.45, up $0.3, or 13.95%, on the day. Its market capitalization is $492.81 million. About the company: MGIC Investment Corporation, through its subsidiary, provides private mortgage insurance coverage in the United States. The Company’s customers include thrifts, mortgage bankers and brokers, commercial banks, credit unions, and other lending institutions. The Company also provides, through subsidiaries, underwriting and contract services related to home mortgage lending.
  • Sierra Bancorp (NASDAQ:BSRR): The shares closed at $10.44, up $1.2, or 12.99%, on the day. Its market capitalization is $146.65 million. About the company: Sierra Bancorp is the holding company for Bank of the Sierra. The Bank grants commercial, real estate mortgage, real estate construction and consumer loans to consumers, farmers and businesses in the South Central San Joaquin Valley of California, specifically Tulare, Fresno, Kern, Kings and Madera counties. Bank of the Sierra also offers Internet banking.
  • Capital Bank Corporation (NASDAQ:CBKN): The shares closed at $2.29, up $0.26, or 12.81%, on the day. Its market capitalization is $196.49 million. About the company: Capital Bank Corporation is the holding company for Capital Bank. The Bank offers a broad range of financial services through offices throughout North Carolina. The Company also operates Capital Bank Investment Services, Inc., which provides investment advisory and brokerage services.
  • Crawford & Company (NYSE:CRD.B): The shares closed at $5.40, up $0.57, or 11.8%, on the day. Its market capitalization is $290.31 million.

Losers (% price change)

  • Capital Southwest Corp. (NASDAQ:CSWC): The shares closed at $78.80, down $1.96, or 2.43%, on the day. Its market capitalization is $295.74 million. About the company: Capital Southwest Corporation provides venture capital to support the development and growth of small and medium-sized businesses in varied industries throughout the United States. The Company’s investments are focused on opportunities for capital appreciation derived from early-stage financings, management buyouts, recapitalizations and industry consolidations.
  • Merchants Bancshares,Inc. (NASDAQ:MBVT): The shares closed at $26.02, down $0.42, or 1.59%, on the day. Its market capitalization is $161.80 million. About the company: Merchants Bancshares, Inc. is a holding company for Merchants Properties, Inc. and The Merchants Bank. The Banks provide retail banking services including savings and checking accounts, consumer and commercial loans and credit. Merchants operates a network of offices in Vermont.
  • Nuveen Insured CA (AMEX:NKL): The shares closed at $14.88, down $0.2, or 1.33%, on the day. Its market capitalization is $227.01 million. About the company: Nuveen Insured California Dividend Advantage Municipal Fund is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is current income exempt from regular federal and California income tax. The Fund invests primarily in investment grade California municipal bonds.
  • Pimco CA Municipal Income (NYSE:PCQ): The shares closed at $12.70, down $0.15, or 1.17%, on the day. Its market capitalization is $233.51 million. About the company: PIMCO California Municipal Income Fund is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is to provide current income exempt from federal and California income tax. The Fund invests mainly in municipal bonds which pay interest that is exempt from federal and California income taxes.
  • BlackRock MuniYield (NYSE:MYC): The shares closed at $14.06, down $0.16, or 1.13%, on the day. Its market capitalization is $299.41 million. About the company: BlackRock MuniYield California Fund, Inc. is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s seeks to provide a high level of current income exempt from Federal and California income taxes. It invests primarily in investment grade, long-term municipal obligations which provide interest exempt from Federal and California income taxes.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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