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UMH

UMH Properties reports that its current inventory is approximately 700 homes, which is above its normal levels. During the quarter, around 400 rental homes in inventory were occupied, making them income producing, and 44 new homes were sold, creating additional site rent. This led to a year-over-year same property income growth of about 8.6% and a 190-basis point improvement in occupancy.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 8:19 pm

VBIV

VBI Vaccines and Brii Biosciences have announced the expansion of their partnership on hepatitis B. This news has led to an increase in VBI Vaccines' share prices.

Portfolio Pulse from Bill Haddad

July 05, 2023 | 8:19 pm

SNOW

A significant bullish stance has been taken on Snowflake (NYSE:SNOW) by a large investor or institution, as evidenced by unusual options activity. The sentiment among these big-money traders is split, with 59% bullish and 40% bearish. The whales have been targeting a price range from $120.0 to $270.0 for Snowflake over the last 3 months. The current price of SNOW is down -2.51% at $172.55. Analysts have mixed views, with downgrades from Wedbush and JMP Securities, and maintained Buy ratings from Needham and Mizuho.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 8:16 pm

PANW

A significant number of investors have taken a bearish stance on Palo Alto Networks (NASDAQ:PANW), with 51% of trades being bearish and 48% bullish. The targeted price range for the company over the last three months has been $195.0 to $306.67. The current price of PANW is up 1.27% at $257.88. Several financial institutions have maintained their positive ratings on Palo Alto Networks, with price targets ranging from $230 to $307.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 8:16 pm

VBIV

VBI Vaccines is planning a concurrent public offering and registered direct offering of common shares and warrants. The terms of the offerings have not been disclosed. The company also intends to grant underwriters a 30-day option to purchase up to an additional 15% of the number of common shares and/or common warrants offered in the public offering.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2023 | 8:13 pm

VMEO

Vimeo has announced the departure of its CEO, Anjali Sud, and the appointment of Adam Gross as interim CEO, effective from September 1. The company has also reaffirmed its Q2 and FY23 financial outlook.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 8:08 pm

LUNR

Intuitive Machines has filed a prospectus relating to a potential offer from CF Principal Investments of up to 4.9 million of Class A common shares. The US-listed company LUNR may be mentioned in the article.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 8:07 pm

WFC

A significant number of investors have taken a bearish stance on Wells Fargo (NYSE:WFC), with 66% of detected trades being bearish. The targeted price range for Wells Fargo over the last 3 months has been $30.0 to $47.5. The current price of WFC is $43.45, up 0.13%. Citigroup, Raymond James, Morgan Stanley, and RBC Capital have all provided their ratings and price targets for Wells Fargo.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 8:02 pm

TMUS

T-Mobile US (NASDAQ:TMUS) has seen unusual options activity, with 20 strange trades detected. Half of the investors opened trades with bullish expectations and half with bearish. The total amount for puts is $469,192 and for calls is $257,615. Whales have been targeting a price range from $55.0 to $140.0 for T-Mobile US over the last 3 months. The current price of TMUS is up 0.03% at $139.37. Wolfe Research upgraded its action to Outperform with a price target of $160, Benchmark downgraded its action to Buy with a price target of $200, and Morgan Stanley maintained their Overweight rating with a price target of $178.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 8:01 pm

MPW

Shares of Medical Properties Trust Inc (NYSE:MPW) have risen over 13% in the past month following a positive presentation at Nareit’s annual REITweek Investor Conference. The company announced it secured $1.4 billion in transactions, including hospital sales and loan repayments, covering its debt maturities for 2023 and 2024. This has increased investor confidence in the company's financial stability and its high dividend yield of 12%.

Portfolio Pulse from AJ Fabino

July 05, 2023 | 7:53 pm