Banc of California, Inc. (NYSE:BANC) [Trend Analysis] surged reacts as active mover, shares an increase 3.37% to traded at $15.35 and the percentage gap between open changing to regular change was 0.67%. Banc of California increases quarterly dividend to $0.13/share from $0.12/share (BANC). The Company also announced that it is suspending the Company’s Dividend Reinvestment Plan (DRIP) with respect to this dividend in consideration of the previously announced delay in the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2016. The firm past twelve months price to sales ratio was 1.48 and price to cash ratio remained 1.72. As far as the returns are concern, the return on equity was recorded as 13.60% and return on investment was 24.10% while its return on asset stayed at 0.80%. The firm has total debt to equity ratio measured as 0.25.
WABCO Holdings Inc. (NYSE:WBC) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 4.72% to $107.19. WABCO Holdings Inc. (WBC) released that on December 2, 2016 its board of directors authorized the company to commence a new two-year share repurchase program.The board’s new authorization allows for the repurchase of up to $600 million of common shares at the discretion of management from January 1, 2017 through December 31, 2018.
As previously disclosed, since June 2011, WABCO has repurchased 17,686,912 shares for $1,408.5 million in open market transactions as of September 30, 2016. Under its previously authorized share buyback program, WABCO remains allowed to repurchase up to $63.3 million of additional shares through December 31, 2016. The share price of WBC attracts active investors, as stock price of week volatility recorded 3.03%. The stock is going forward to its 52-week low with 31.26% and lagging behind from its 52-week high price with -6.91%.