As Pnc Finl Svcs Group (PNC) Share Value Declined, Holder Waratah Capital Advisors LTD Has Cut Holding; Calgon Carbon (CCC) Shareholder Highlander Capital Management Has Cut Position as Stock Declined

January 14, 2018 - By Winifred Garcia

Highlander Capital Management Llc decreased its stake in Calgon Carbon Corp (CCC) by 30.69% based on its latest 2017Q3 regulatory filing with the SEC. Highlander Capital Management Llc sold 58,300 shares as the company’s stock declined 10.59% while stock markets rallied. The institutional investor held 131,635 shares of the major chemicals company at the end of 2017Q3, valued at $2.82 million, down from 189,935 at the end of the previous reported quarter. Highlander Capital Management Llc who had been investing in Calgon Carbon Corp for a number of months, seems to be less bullish one the $1.08B market cap company. The stock decreased 0.23% or $0.05 during the last trading session, reaching $21.3. About 738,048 shares traded. Calgon Carbon Corporation (NYSE:CCC) has declined 0.14% since January 14, 2017 and is downtrending. It has underperformed by 16.84% the S&P500.

Brad Dunkley decreased its stake in Pnc Finl Svcs Group Inc (PNC) by 62.06% based on its latest 2017Q3 regulatory filing with the SEC. Waratah Capital Advisors Ltd sold 4,666 shares as the company’s stock declined 6.38% while stock markets rallied. The hedge fund run by Brad Dunkley held 2,852 shares of the finance company at the end of 2017Q3, valued at $384,000, down from 7,518 at the end of the previous reported quarter. Waratah Capital Advisors Ltd who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be less bullish one the $72.25B market cap company. The stock increased 0.23% or $0.35 during the last trading session, reaching $151.84. About 3.28M shares traded or 82.85% up from the average. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since January 14, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Among 5 analysts covering Calgon Carbon (NYSE:CCC), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Calgon Carbon had 10 analyst reports since February 22, 2016 according to SRatingsIntel. The stock of Calgon Carbon Corporation (NYSE:CCC) earned “Hold” rating by BB&T Capital on Monday, February 22. Robert W. Baird maintained it with “Buy” rating and $21.0 target in Thursday, September 21 report. Janney Capital downgraded the shares of CCC in report on Thursday, July 13 to “Hold” rating. The firm has “Buy” rating by Janney Capital given on Wednesday, May 11. The firm earned “Hold” rating on Wednesday, August 9 by Roth Capital. As per Monday, February 22, the company rating was downgraded by Roth Capital. The company was maintained on Monday, September 11 by Robert W. Baird. The stock of Calgon Carbon Corporation (NYSE:CCC) has “Sell” rating given on Thursday, September 21 by Janney Capital. The stock has “Outperform” rating by Oppenheimer on Wednesday, June 1. The stock has “Outperform” rating by Robert W. Baird on Tuesday, October 4.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.33, from 1.28 in 2017Q2. It is negative, as 33 investors sold CCC shares while 41 reduced holdings. 29 funds opened positions while 41 raised stakes. 45.52 million shares or 5.47% more from 43.16 million shares in 2017Q2 were reported. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems holds 0.16% or 516,368 shares in its portfolio. Vanguard Group Inc Inc Inc invested in 4.76M shares. Goldman Sachs Gp Inc reported 470,122 shares stake. State Of New Jersey Common Pension Fund D has invested 0.06% of its portfolio in Calgon Carbon Corporation (NYSE:CCC). Moreover, Harvest Mgmt Limited Liability Corporation has 0.82% invested in Calgon Carbon Corporation (NYSE:CCC) for 60,598 shares. Citigroup holds 688,073 shares. Segantii Mngmt Ltd accumulated 27,800 shares. Moreover, Kellner Cap Limited Liability has 0.94% invested in Calgon Carbon Corporation (NYSE:CCC) for 65,500 shares. Prelude Cap Mgmt Ltd Limited Liability Company stated it has 0.03% in Calgon Carbon Corporation (NYSE:CCC). Cambridge Investment Rech Advsr holds 9,813 shares. Kbc Gp Nv holds 0.07% or 357,194 shares. California Pub Employees Retirement System accumulated 84,468 shares. Barclays Public Ltd Liability Corporation owns 53,281 shares. Longfellow Management Lc holds 2.7% or 470,000 shares. Cambiar Investors Ltd Liability Corporation stated it has 856,361 shares or 0.29% of all its holdings.

Analysts await Calgon Carbon Corporation (NYSE:CCC) to report earnings on February, 23. They expect $0.18 earnings per share, up 260.00% or $0.13 from last year’s $0.05 per share. CCC’s profit will be $9.14M for 29.58 P/E if the $0.18 EPS becomes a reality. After $0.14 actual earnings per share reported by Calgon Carbon Corporation for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Waratah Capital Advisors Ltd, which manages about $788.22M US Long portfolio, upped its stake in Madison Square Garden Co Cl A by 31,273 shares to 57,605 shares, valued at $12.33M in 2017Q3, according to the filing. It also increased its holding in Brookfield Asset Mgmt Inc Cl A Ltd Vt Sh (NYSE:BAM) by 212,399 shares in the quarter, for a total of 456,989 shares, and has risen its stake in Brookfield Business Partners Unit Ltd Lp.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2. It turned negative, as 55 investors sold PNC shares while 364 reduced holdings. 75 funds opened positions while 289 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. 62,545 are owned by Lowe Brockenbrough. Iron Financial Ltd Liability Corporation reported 5,789 shares or 0.59% of all its holdings. Hancock Hldg accumulated 129,961 shares or 0.74% of the stock. The Illinois-based Blair William Il has invested 0.02% in The PNC Financial Services Group, Inc. (NYSE:PNC). Aviva Public Ltd Liability Corporation has invested 0.22% in The PNC Financial Services Group, Inc. (NYSE:PNC). Cantab Ptnrs Ltd Liability Partnership owns 13,132 shares. Braun Stacey Incorporated accumulated 120,663 shares or 1.11% of the stock. Beese Fulmer Inv Mngmt accumulated 2,491 shares. Westpac Banking stated it has 0.09% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Winfield Inc reported 180 shares stake. Spinnaker Tru has invested 0.03% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Princeton Port Strategies Lc holds 16,738 shares or 0.61% of its portfolio. Andra Ap invested in 51,500 shares. Fdx Advisors stated it has 0.05% in The PNC Financial Services Group, Inc. (NYSE:PNC). Greenleaf Tru stated it has 2,879 shares.

Since October 19, 2017, it had 0 buys, and 4 sales for $10.59 million activity. 19,576 The PNC Financial Services Group, Inc. (NYSE:PNC) shares with value of $2.85M were sold by Reilly Robert Q. The insider Van Wyk Steven C. sold 5,000 shares worth $675,000. 46,307 shares were sold by Parsley E William III, worth $6.64 million on Friday, December 8.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>