Disposition of 7040 shares by Hope Bryant of First Citizens subject to Rule 16b-3
| FCNCO Preferred Stock | USD 23.02 0.20 0.86% |
About 62% of CIT Group's investor base is looking to short. The current sentiment regarding investing in CIT Group Preferred preferred stock implies that many traders are alarmed. CIT Group's investing sentiment overview a quick insight into current market opportunities from investing in CIT Group Preferred. Many technical investors use CIT Group Preferred preferred stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
CIT |
Filed transaction by First Citizens BancShares Director, 10 Percent Owner, Officer: Vice Chairwoman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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CIT Group Fundamental Analysis
We analyze CIT Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CIT Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CIT Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
CIT Group is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
CIT Group Preferred Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CIT Group preferred stock to make a market-neutral strategy. Peer analysis of CIT Group could also be used in its relative valuation, which is a method of valuing CIT Group by comparing valuation metrics with similar companies.
Peers
CIT Group Related Equities
| FITBO | Fifth Third | 1.30 | ||||
| TCBIO | Texas Capital | 0.39 | ||||
| FCNCP | First Citizens | 0.23 | ||||
| DCOMP | Dime Community | 0.15 | ||||
| FULTP | Fulton Financial | 1.47 |
Other Information on Investing in CIT Preferred Stock
CIT Group financial ratios help investors to determine whether CIT Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIT with respect to the benefits of owning CIT Group security.