Mondrian Investment Partners LTD Has Trimmed Its Credicorp LTD (BAP) Position; Orchid Island Capital (ORC) Sellers Decreased By 33.96% Their Shorts

July 17, 2017 - By Ellis Scott

Orchid Island Capital Incorporated (NYSE:ORC) had a decrease of 33.96% in short interest. ORC’s SI was 2.88 million shares in July as released by FINRA. Its down 33.96% from 4.36M shares previously. With 1.03 million avg volume, 3 days are for Orchid Island Capital Incorporated (NYSE:ORC)’s short sellers to cover ORC’s short positions. The stock decreased 0.10% or $0.01 on July 14, reaching $9.97. About shares traded. Orchid Island Capital Inc (NYSE:ORC) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Mondrian Investment Partners Ltd decreased Credicorp Ltd (BAP) stake by 28.94% reported in 2016Q4 SEC filing. Mondrian Investment Partners Ltd sold 573,360 shares as Credicorp Ltd (BAP)’s stock rose 3.78%. The Mondrian Investment Partners Ltd holds 1.41M shares with $222.24M value, down from 1.98M last quarter. Credicorp Ltd now has $17.73 billion valuation. It closed at $186.5 lastly. It is down 23.51% since July 17, 2016 and is uptrending. It has outperformed by 6.81% the S&P500.

Among 6 analysts covering Credicorp LTD (NYSE:BAP), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Credicorp LTD had 9 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Wednesday, September 21. The stock of Credicorp Ltd. (USA) (NYSE:BAP) earned “Overweight” rating by Morgan Stanley on Friday, September 11. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, March 15 report. The firm has “Overweight” rating given on Thursday, August 11 by JP Morgan. The stock of Credicorp Ltd. (USA) (NYSE:BAP) earned “Outperform” rating by Scotia Capital on Tuesday, March 15. On Thursday, March 24 the stock rating was downgraded by Santander to “Hold”.

Mondrian Investment Partners Ltd increased Omnicell (NASDAQ:OMCL) stake by 35,207 shares to 128,723 valued at $4.36 million in 2016Q4. It also upped Bco Santan Adr (NYSE:BSAC) stake by 37,000 shares and now owns 2.38 million shares. Aac (Usa) (NYSE:AAC) was raised too.

Analysts await Credicorp Ltd. (USA) (NYSE:BAP) to report earnings on August, 14. They expect $3.44 earnings per share, up 5.20% or $0.17 from last year’s $3.27 per share. BAP’s profit will be $327.03 million for 13.55 P/E if the $3.44 EPS becomes a reality. After $3.35 actual earnings per share reported by Credicorp Ltd. (USA) for the previous quarter, Wall Street now forecasts 2.69% EPS growth.

Orchid Island Capital, Inc. is a specialty finance firm that invests in residential mortgage-backed securities . The company has market cap of $349.83 million. The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. It has a 19.78 P/E ratio. The Company’s portfolio consists of two categories of Agency RMBS: pass-through Agency RMBS and structured Agency RMBS.

Since February 27, 2017, it had 5 buys, and 1 insider sale for $994,541 activity. Bitting W Coleman bought 12 shares worth $158. On Friday, March 31 the insider Parker Ava L sold $113,967. Haas G Hunter IV also bought $67,799 worth of Orchid Island Capital Inc (NYSE:ORC) shares. Cauley Robert E bought $72,441 worth of stock. Shares for $939,790 were bought by HEUVELEN JOHN VAN. $28,320 worth of Orchid Island Capital Inc (NYSE:ORC) was bought by FILIPPS FRANK P.

Investors sentiment increased to 2.29 in 2016 Q4. Its up 0.47, from 1.82 in 2016Q3. It is positive, as 7 investors sold Orchid Island Capital Inc shares while 10 reduced holdings. 13 funds opened positions while 26 raised stakes. 10.47 million shares or 101.13% more from 5.20 million shares in 2016Q3 were reported. Schwab Charles Inv Mngmt Incorporated holds 0% or 36,959 shares in its portfolio. California State Teachers Retirement stated it has 0% in Orchid Island Capital Inc (NYSE:ORC). Wells Fargo Mn holds 19,007 shares or 0% of its portfolio. California Pub Employees Retirement invested in 0% or 48,900 shares. Blackrock Inc holds 0% in Orchid Island Capital Inc (NYSE:ORC) or 6,762 shares. Commonwealth Equity Service invested in 36,696 shares or 0% of the stock. Deutsche National Bank Ag holds 0.01% or 914,426 shares in its portfolio. 16,916 are owned by Manufacturers Life Ins The. Morgan Stanley holds 0% of its portfolio in Orchid Island Capital Inc (NYSE:ORC) for 87,981 shares. Allianz Asset Ag holds 0% of its portfolio in Orchid Island Capital Inc (NYSE:ORC) for 131,393 shares. Vanguard Group Inc Inc has 0% invested in Orchid Island Capital Inc (NYSE:ORC). Strs Ohio reported 7,200 shares stake. Goldman Sachs Group has 0% invested in Orchid Island Capital Inc (NYSE:ORC) for 14,178 shares. Blackrock Fund Advsrs holds 0% of its portfolio in Orchid Island Capital Inc (NYSE:ORC) for 1.36M shares. Northern Tru has 261,287 shares for 0% of their portfolio.

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