$ RCAP HAS 16 SUB 16 Companies Home to the sec
Post# of 21
Home to the second largest retail financial advisor network in the U.S. ,1 and with over 9,505 representatives and investment advisors across all 50 states, RCS Capital is dedicated to helping America's mass affluent investors receive professional, independent, unbiased investment advice.
A) RCAP's INDEPENDENT RETAIL ADVICE companies
Cetera Financial Group: https://www.cetera.com/
RCAP Acquired Cetera Financial Group , Creating Second Largest Independent Financial Advisor Network in USA from Lightyear Capital for $1.15 billion in cash last year
http://www.prnewswire.com/news-releases/rcs-c...25571.html
First Allied: http://www.firstallied.com/
Investors Capital https://www.investorscapital.com/
Jp Turner: http://www.jpturner.com/
The Legend Group: www.legendgroup.com.
Summit Brokerage: https://www.summitbrokerage.com/
Girard Securities: http://joingirard.com/
Vsr Group: www.vsrfinancial.com/
http://rcscapital.com/retail-advice.html
RCAP's INVESTMENT RESEARCH company
SK Research http://www.skre.com/
C) RCAP's INVESTMENT MANAGEMENT company
Hatteras Funds: http://hatterasfunds.com/
D) RCAP's INVESTMENT BANKING AND CAPITAL MARKETS section
http://rcscapital.com/investment-banking.html
E) RCAP's TECHNOLOGY companies
Trupoly: https://www.trupoly.com/
Docupace Technologies: http://www.docupace.com/
DirectVest: https://www.directinvestments.com/
3) RCAP's Most Recent Financials
Gross Revenue: $678.4 Million
Adjusted EBITDA: $26.9 Million
Assets Under Administration: $238.7 Billion
Financial Advisors: 9,505
Retail Clients: 2.5M
http://www.snl.com/Cache/1001201137.PDF?Y=&am...F& src="smileys/angry.gif" width="" height="" alt="D=" title="D=" class="bbcode_smiley" /> &FID=1001201137&T=&IID=4378143
https://www.sec.gov/Archives/edgar/data/15688...30x10q.htm
4) RCAP share structure
Authorized Shares: 100 million
Outstanding shares: 85 million
Public Float: 30 million
http://finance.yahoo.com/q/ks?s=RCAP+Key+Statistics
https://www.sec.gov/Archives/edgar/data/15688...30x10q.htm
5) RCAP's 92% of shares held by Insider and Institutions
RCAP's biggest shareholder Billionaire Nicholas S. Schorsch holds 21,090,475 ( 24.5% of outstanding shares )
https://www.sec.gov/Archives/edgar/data/12485...sc13da.htm
Nicholas S. Schorsch NET WORTH: 1.6 Billion https://en.wikipedia.org/wiki/Nicholas_Schorsch
Luxor Capital Partners, LP holds 9,290,503 ( 11.2% )
https://www.sec.gov/Archives/edgar/data/13165...081915.htm
MPAP Holdings, LLC. holds 6.40% of shares
https://www.sec.gov/Archives/edgar/data/15688..._sc13d.htm
Apollo Principal Holdings holds 5.7% of shares
https://www.sec.gov/Archives/edgar/data/14134...1sc13d.htm
Billionaire Cohen's Rubric Capital Management holds 5,523,646
THE OTHER HOLDERS
Millennium Management LLC 2,550,488
Citadel Advisors Llc 2,460,886
Nokota Management LP 2,295,000
BlackRock Fund Advisors 1,789,792
Robeco Investment Management, Inc. 1,480,655
Vanguard Group, Inc. (The) 1,245,746
RCAP CEO Weil, Edward M., Jr. holds 1,239,669
CEO paid $2.30 per share on August 12, 2015.
CEO Edward M. Jr. Weil purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of $2.30 per share, for a total transaction of $115,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
http://www.dakotafinancialnews.com/rcs-capita...ap/487359/
LIST OF THE FUNDS HOLD RCAP SHARES: https://www.holdingschannel.com/funds/holding-rcap/
6) RCAP's short volume 12 million shares as of September 30, 2015 . About 40% of float short.
public float 30 million
http://finance.yahoo.com/q/ks?s=RCAP+Key+Statistics
http://www.nasdaq.com/symbol/rcap/short-interest
7) RCAP book value per share 8.98 dollars
Book value: Total Equity/Outstanding shares
RCAP book value: 763.5 million dollars/ 85 million shares= 8.98 dollars
Reuters is expecting 17 cents Earning per share expected for Q3
Earnings Valuation Report out for RCAP as of 10/06/15
Thomson Reuters I/B/E/S Estimates
Earnings Valuation Report
continued
RCS CAPITAL CORP(RCAP)
Stock Price
Price as of 10/06 $1.17
Quarterly EPS Consensus Expectations
Q3 '15: $0.17
RCAP's next earnings announcement is expected on November 9th
TO SUM UP,
RCAP generating about 2 billion dollars revenue annually.
Share price was about 40 dollars last year. The company made lots of acquisition. Acquisition created dilution. This year restructuring started and the company sold its wholesale distribution business recently because the company was losing money. RCAP is focusing on retail division that is more profitable.
For me it is the most undervalued NYSE stock.
I am long..
THIS IS MY DD.. READ, CHECK THE LINKS and MAKE YOUR OWN DD.
GLTA
~Blue~