Neuberger Berman Group Lowered By $1.20 Million Its Patrick Industries W/Rts (PATK) Position; Ameren (AEE) SI Increased By 4.19%

January 13, 2018 - By Vivian Park

Ameren Corporation (NYSE:AEE) had an increase of 4.19% in short interest. AEE’s SI was 6.91M shares in January as released by FINRA. Its up 4.19% from 6.63 million shares previously. With 1.21M avg volume, 6 days are for Ameren Corporation (NYSE:AEE)’s short sellers to cover AEE’s short positions. The SI to Ameren Corporation’s float is 2.86%. The stock decreased 1.12% or $0.63 during the last trading session, reaching $55.52. About 1.39M shares traded or 6.49% up from the average. Ameren Corporation (NYSE:AEE) has risen 17.42% since January 13, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Neuberger Berman Group Llc decreased Patrick Industries Inc W/Rts (PATK) stake by 2.8% reported in 2017Q3 SEC filing. Neuberger Berman Group Llc sold 14,319 shares as Patrick Industries Inc W/Rts (PATK)’s stock declined 14.81%. The Neuberger Berman Group Llc holds 496,391 shares with $41.75 million value, down from 510,710 last quarter. Patrick Industries Inc W/Rts now has $1.71 billion valuation. The stock decreased 0.73% or $0.5 during the last trading session, reaching $67.75. About 95,208 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has risen 37.12% since January 13, 2017 and is uptrending. It has outperformed by 20.42% the S&P500.

Ameren Corporation operates as a public utility holding firm in the United States. The company has market cap of $13.47 billion. It operates through four divisions: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It has a 22.1 P/E ratio. The firm is involved in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas transmission and distribution businesses.

Among 8 analysts covering Ameren (NYSE:AEE), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Ameren had 19 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Monday, April 4. The firm has “Equal-Weight” rating given on Thursday, May 25 by Barclays Capital. Morgan Stanley maintained Ameren Corporation (NYSE:AEE) rating on Monday, November 13. Morgan Stanley has “Equal-Weight” rating and $61 target. UBS maintained the stock with “Neutral” rating in Wednesday, October 19 report. As per Friday, September 8, the company rating was maintained by Morgan Stanley. The stock of Ameren Corporation (NYSE:AEE) has “Overweight” rating given on Thursday, August 10 by Morgan Stanley. The rating was upgraded by Wolfe Research on Monday, August 3 to “Outperform”. Barclays Capital maintained Ameren Corporation (NYSE:AEE) on Monday, May 16 with “Overweight” rating. The firm has “Hold” rating given on Tuesday, October 24 by Bank of America. The firm has “Hold” rating by Zacks given on Tuesday, August 25.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.01, from 1.12 in 2017Q2. It increased, as 28 investors sold Ameren Corporation shares while 146 reduced holdings. 54 funds opened positions while 142 raised stakes. 167.66 million shares or 2.16% more from 164.11 million shares in 2017Q2 were reported. Daiwa Secs Gru has invested 0% in Ameren Corporation (NYSE:AEE). Cognios Capital Ltd Liability Corporation invested in 33,652 shares. Sector Pension Invest Board holds 12,733 shares. Jane Street Group Inc Ltd Liability Corp invested in 0% or 6,421 shares. Employees Retirement Systems Of Texas reported 14,000 shares stake. Bessemer Gru Incorporated reported 2,068 shares. Chevy Chase accumulated 0.06% or 213,170 shares. Trust Department Mb State Bank N A accumulated 205 shares or 0% of the stock. 134,731 are held by Teacher Retirement Systems Of Texas. Victory Cap Mgmt has 0.03% invested in Ameren Corporation (NYSE:AEE) for 227,129 shares. Gateway Invest Advisers Llc accumulated 422,806 shares or 0.21% of the stock. Da Davidson And holds 0% or 4,067 shares in its portfolio. Pictet Asset Mngmt Limited holds 1.24 million shares. Private Advisor Grp Incorporated Ltd Limited Liability Company owns 8,088 shares for 0.01% of their portfolio. Terril Brothers owns 22,310 shares for 0.41% of their portfolio.

Neuberger Berman Group Llc increased Simon Property Group Inc (NYSE:SPG) stake by 7,086 shares to 449,136 valued at $72.32 million in 2017Q3. It also upped Nike Inc (NYSE:NKE) stake by 648,995 shares and now owns 2.90 million shares. Transdigm Group Inc (NYSE:TDG) was raised too.

Since August 10, 2017, it had 0 insider purchases, and 17 sales for $13.43 million activity. Shares for $1.40 million were sold by Cleveland Todd M. On Monday, September 18 HASSLER PAUL E sold $770,000 worth of Patrick Industries, Inc. (NASDAQ:PATK) or 10,000 shares. Kitson Michael A sold 2,584 shares worth $172,370. Shares for $799,500 were sold by NEMETH ANDY L. Forbes John A sold $65,800 worth of Patrick Industries, Inc. (NASDAQ:PATK) on Thursday, December 14. $37,960 worth of Patrick Industries, Inc. (NASDAQ:PATK) was sold by Boone Joshua A. The insider GENDELL JEFFREY L ET AL sold 23,942 shares worth $1.99 million.

Analysts await Patrick Industries, Inc. (NASDAQ:PATK) to report earnings on February, 15. They expect $0.73 EPS, up 23.73% or $0.14 from last year’s $0.59 per share. PATK’s profit will be $18.43 million for 23.20 P/E if the $0.73 EPS becomes a reality. After $0.72 actual EPS reported by Patrick Industries, Inc. for the previous quarter, Wall Street now forecasts 1.39% EPS growth.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.24, from 1.27 in 2017Q2. It turned negative, as 10 investors sold PATK shares while 62 reduced holdings. 21 funds opened positions while 53 raised stakes. 14.87 million shares or 0.36% less from 14.92 million shares in 2017Q2 were reported. Oberweis Asset reported 81,250 shares. James Invest Research accumulated 0.14% or 49,488 shares. Gsa Cap Ptnrs Llp invested in 0.12% or 20,980 shares. Etrade Management Limited Liability Corporation has invested 0.05% in Patrick Industries, Inc. (NASDAQ:PATK). Great West Life Assurance Co Can stated it has 21,424 shares. Psagot Invest House Limited stated it has 0.05% in Patrick Industries, Inc. (NASDAQ:PATK). Nj State Employees Deferred Compensation Plan holds 0.15% or 10,000 shares. Tygh Cap accumulated 46,956 shares. 5,399 are held by National Bank & Trust. 4,599 are owned by Wellington Mgmt Group Llp. Piedmont Investment Advsrs Lc invested 0.01% in Patrick Industries, Inc. (NASDAQ:PATK). Parametrica has invested 0.14% in Patrick Industries, Inc. (NASDAQ:PATK). Putnam Invs Ltd Liability Co reported 37,696 shares. 6 are owned by Spectrum Mngmt. Essex Mgmt Ltd Liability Corp has 0.34% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 29,529 shares.

Among 6 analysts covering Patrick Industries (NASDAQ:PATK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Patrick Industries had 8 analyst reports since March 31, 2016 according to SRatingsIntel. As per Friday, December 22, the company rating was maintained by Robert W. Baird. The stock has “Buy” rating by Sidoti on Thursday, June 16. The rating was upgraded by CL King to “Buy” on Wednesday, August 17. Robert W. Baird maintained it with “Buy” rating and $82.0 target in Wednesday, August 30 report. CL King downgraded the stock to “Neutral” rating in Thursday, March 31 report. The stock of Patrick Industries, Inc. (NASDAQ:PATK) has “Buy” rating given on Tuesday, October 24 by Bank of America. The stock of Patrick Industries, Inc. (NASDAQ:PATK) earned “Hold” rating by Wells Fargo on Thursday, December 14.

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