Glenhill Advisors Has Raised Its Houghton Mifflin Harcourt Co (HMHC) Holding; Dril-quip (DRQ) Sentiment Is 1.05

March 14, 2018 - By Marie Mckinney

Glenhill Advisors Llc increased Houghton Mifflin Harcourt Co (HMHC) stake by 3.42% reported in 2017Q3 SEC filing. Glenhill Advisors Llc acquired 38,726 shares as Houghton Mifflin Harcourt Co (HMHC)’s stock rose 9.73%. The Glenhill Advisors Llc holds 1.17M shares with $14.10 million value, up from 1.13M last quarter. Houghton Mifflin Harcourt Co now has $968.93 million valuation. The stock increased 0.64% or $0.05 during the last trading session, reaching $7.85. About 591,845 shares traded. Houghton Mifflin Harcourt Company (NASDAQ:HMHC) has declined 25.97% since March 14, 2017 and is downtrending. It has underperformed by 42.67% the S&P500.

Dril-Quip, Inc., together with its subsidiaries, designs, makes, sells, and services offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company has market cap of $1.76 billion. It operates through three divisions: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. It currently has negative earnings. The companyÂ’s principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, and diverters, as well as consumable downhole products.

Ratings analysis reveals 33% of Dril-Quip’s analysts are positive. Out of 3 Wall Street analysts rating Dril-Quip, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $59.0 while the high is $77.0. The stock’s average target of $68 is 47.35% above today’s ($46.15) share price. DRQ was included in 3 notes of analysts from October 27, 2016. As per Wednesday, March 1, the company rating was downgraded by Guggenheim. The rating was maintained by Howard Weil on Thursday, October 27 with “Sector Perform”. Barclays Capital upgraded Dril-Quip, Inc. (NYSE:DRQ) rating on Monday, January 9. Barclays Capital has “Overweight” rating and $77.0 target.

The stock increased 1.21% or $0.55 during the last trading session, reaching $46.15. About 682,506 shares traded or 47.71% up from the average. Dril-Quip, Inc. (DRQ) has declined 8.80% since March 14, 2017 and is downtrending. It has underperformed by 25.50% the S&P500.

Texan Capital Management holds 4.39% of its portfolio in Dril-Quip, Inc. for 150,025 shares. Speece Thorson Capital Group Inc owns 337,490 shares or 3.1% of their US portfolio. Moreover, Birch Run Capital Advisors Lp has 2.46% invested in the company for 158,600 shares. The Texas-based Energy Opportunities Capital Management Llc has invested 2.05% in the stock. Dean Capital Management, a Kansas-based fund reported 93,849 shares.

Analysts await Dril-Quip, Inc. (NYSE:DRQ) to report earnings on April, 26. They expect $0.01 EPS, down 80.00% or $0.04 from last year’s $0.05 per share. DRQ’s profit will be $381,365 for 1153.75 P/E if the $0.01 EPS becomes a reality. After $0.01 actual EPS reported by Dril-Quip, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 8 selling transactions for $1.74 million activity.

Among 6 analysts covering Houghton Mifflin Harcourt (NASDAQ:HMHC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Houghton Mifflin Harcourt had 19 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, October 23 report. The firm has “Buy” rating given on Wednesday, August 17 by Citigroup. As per Friday, June 23, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating given on Thursday, September 10 by Citigroup. The company was maintained on Friday, August 7 by Oppenheimer. The firm has “Hold” rating given on Sunday, August 6 by Piper Jaffray. Stifel Nicolaus maintained it with “Hold” rating and $9.5 target in Friday, February 23 report. The rating was maintained by BMO Capital Markets on Friday, February 23 with “Market Perform”. Stifel Nicolaus maintained Houghton Mifflin Harcourt Company (NASDAQ:HMHC) rating on Monday, August 14. Stifel Nicolaus has “Hold” rating and $12.5 target.

Investors sentiment increased to 1.77 in Q3 2017. Its up 0.42, from 1.35 in 2017Q2. It is positive, as 20 investors sold HMHC shares while 29 reduced holdings. 11 funds opened positions while 55 raised stakes. 123.31 million shares or 2.53% more from 120.26 million shares in 2017Q2 were reported. Gsa Cap Ltd Liability Partnership, a United Kingdom-based fund reported 39,411 shares. Gmt Corporation accumulated 1.37M shares. 20,874 are owned by Oppenheimer Asset Management. State Bank Of America Corp De holds 0% or 131,614 shares. Sei Company invested in 0% or 21 shares. Corsair Limited Partnership owns 1.03M shares or 2.08% of their US portfolio. Hsbc Public Limited Co owns 13,420 shares. 162,379 are owned by Menta Capital Lc. Schwab Charles Invest accumulated 794,995 shares or 0.01% of the stock. Principal Fin Gru owns 11,716 shares for 0% of their portfolio. Fmr Lc holds 14.22 million shares. First Pacific Advsr Lc accumulated 0.32% or 3.46M shares. Moreover, Loomis Sayles & Com Limited Partnership has 0.02% invested in Houghton Mifflin Harcourt Company (NASDAQ:HMHC). Geode Limited Liability Corporation holds 0% or 924,460 shares in its portfolio. Jennison Associate Ltd Llc owns 2.54M shares or 0.03% of their US portfolio.

Glenhill Advisors Llc decreased Altaba Inc stake by 217,120 shares to 1.55 million valued at $102.59 million in 2017Q3. It also reduced Starwood Ppty Tr Inc (NYSE:STWD) stake by 981,247 shares and now owns 1.63 million shares. Destination Xl Group Inc (NASDAQ:DXLG) was reduced too.

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