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Westlake Chemical Corp (NYSE:WLK) Sentiment Report
15 July 2017, 07:56 | Jodi Jackson
The Ubs Oconnor Llc holds 391,331 shares with $21.91 million value, down from 541,656 last quarter. Chemical Finl Corp now has $3.45B valuation. It has outperformed by 5.06% the S&P500. Ladenburg Thalmann Financial Services Inc. now owns 2,722 shares of the bank's stock valued at $139,000 after buying an additional 1,650 shares during the period.
Bronson Point Management Llc, which manages about $1.86 billion and $296.23 million US Long portfolio, decreased its stake in Netflix Inc (NASDAQ:NFLX) by 38,500 shares to 1,500 shares, valued at $186,000 in 2016Q4, according to the filing. The stock rose 0.22% or $0.18 reaching $80.55. About 42,213 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 26.42% since July 14, 2016 and is uptrending. It has outperformed by 11.67% the S&P500. United Fire accumulated 0.1% or 7,000 shares. Callon P (NYSE:CPE) was raised too. Therefore 100% are positive.
Receive News & Ratings for China Petroleum & Chemical Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Petroleum & Chemical Corporation and related companies with our FREE daily email newsletter. Chemical Financial Corporation has a one year low of $35.73 and a one year high of $55.55.
Westlake Chemical Corporation is a global maker and marketer of basic chemicals, vinyls, polymers and building products. Chemical Financial Corporation now has a consensus rating of "Buy" and an average target price of $56.33. The legal version of this article can be read at https://baseballnewssource.com/markets/parametric-portfolio-associates-llc-cuts-stake-in-westlake-chemical-corporation-wlk-updated-updated-updated/1091687.html. Westlake Chemical Corporation also announced a dividend for shareholders which was paid on Tuesday the 13th of June 2017.
More important recent Westlake Chemical Corporation (NYSE:WLK) news were published by: Nasdaq.com which released: "Is Westlake Chemical Corp". The rating was maintained by Cowen & Co on Friday, January 8 with "Outperform". JP Morgan maintained Westlake Chemical Corporation (NYSE:WLK) rating on Tuesday, August 16. Morgan Stanley maintained it with "Equal Weight" rating and $47 target in Friday, June 23 report. The stock presently has an average rating of "Buy" and an average target price of $56.33. RBC Capital Markets maintained Potash Corporation of Saskatchewan Inc (TSE:POT) rating on Monday, January 25.
Westlake Chemical Corporation (NYSE:WLK) last posted its earnings results on Tuesday, May 2nd. As of the last earnings report the EPS was $3.18 and is projected to be $4.53 for the current year with 129,047,000 shares now outstanding. WLK's profit would be $150.68M giving it 15.18 P/E if the $1.16 EPS is correct. After $1.26 actual EPS reported by Westlake Chemical Corporation for the previous quarter, Wall Street now forecasts -7.94% negative EPS growth.
Investors sentiment decreased to 1.17 in 2016 Q4. Its up 0.18, from 0.75 in 2016Q3. It dropped, as 21 investors sold CHFC shares while 72 reduced holdings. 49 funds opened positions while 55 raised stakes. Westlake Chemical Corporation had a return on equity of 14.09% and a net margin of 6.85%. Bank of America Corporation reissued a "neutral" rating and set a $68.00 target price on shares of Westlake Chemical Corporation in a report on Monday, May 8th. 118,166 are held by Invesco Ltd. Kornitzer Management Incorporated Ks invested in 154,732 shares or 0.11% of the stock. Webster Fincl Bank N A stated it has 500 shares or 0% of all its holdings.
In taking a look at technical levels, Chemical Financial Corporation (NASDAQ:CHFC) shares are trading 1.85% away from the 50 day simple moving average and -1.55% away from the 200 day simple moving average. Ameriprise holds 0% or 128,236 shares in its portfolio. Kennedy Capital Mgmt Incorporated holds 462,885 shares or 0.25% of its portfolio. The Jacobs Asset Management Llc holds 79,553 shares with $4.31M value, down from 180,340 last quarter. Westlake Chemical Corporation earned a news impact score of 0.27 on Accern's scale.
The recommendation is based on a 1 to 5 scale where 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. On Wednesday, May 17 the insider Mangieri George J sold $409,198.
Among 22 analysts covering Citrix Systems Inc. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company.
WLK has been the topic of a number of recent analyst reports.
In other news, Director Richard M. Lievense sold 13,351 shares of the company's stock in a transaction on Friday, April 28th. The firm has "Buy" rating by Keefe Bruyette & Woods given on Thursday, June 1. Stifel Nicolaus maintained Citrix Systems, Inc. The firm has "Neutral" rating by UBS given on Thursday, November 19. Stifel Nicolaus has "Buy" rating and $96 target. (NASDAQ:CTXS) has "Buy" rating given on Thursday, October 22 by Needham. Sanford C. Bernstein raised China Petroleum & Chemical Corporation from a "market perform" rating to an "outperform" rating in a research note on Thursday, July 6th. During the same period past year, the business posted $0.94 earnings per share. The specialty chemicals company reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.46.
Since February 6, 2017, it had 0 insider buys, and 1 sale for $515,452 activity.
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Point72 Asset Management LP Cuts Stake in Dynegy Inc. (DYN)
Parametric Portfolio Associates upped its stake in Dynegy (NYSE:DYN) by 99.3% during the Q1, based on a filing with the SEC (SEC). GSA Capital Partners LLP bought a new position in Dynegy during the fourth quarter valued at approximately $159,000.