GNC Holdings, Inc. (GNC) Reaches $3.62 After 6.00% Up Move; Guardian Capital LP Has Trimmed Bank Montreal Que (BMO) Position

May 4, 2018 - By Peter Erickson

Bank of Montreal (NYSE:BMO) Logo

Guardian Capital Lp decreased Bank Montreal Que (BMO) stake by 1.93% reported in 2017Q4 SEC filing. Guardian Capital Lp sold 79,953 shares as Bank Montreal Que (BMO)’s stock declined 5.54%. The Guardian Capital Lp holds 4.07 million shares with $327.10 million value, down from 4.15M last quarter. Bank Montreal Que now has $49.34 billion valuation. The stock increased 0.79% or $0.6 during the last trading session, reaching $76.34. About 90,579 shares traded. Bank of Montreal (NYSE:BMO) has risen 0.84% since May 4, 2017 and is uptrending. It has underperformed by 10.71% the S&P500.

The stock of GNC Holdings, Inc. (NYSE:GNC) is a huge mover today! The stock increased 4.93% or $0.17 during the last trading session, reaching $3.62. About 1.72M shares traded. GNC Holdings, Inc. (NYSE:GNC) has declined 43.24% since May 4, 2017 and is downtrending. It has underperformed by 54.79% the S&P500.The move comes after 6 months positive chart setup for the $302.87M company. It was reported on May, 4 by Barchart.com. We have $3.84 PT which if reached, will make NYSE:GNC worth $18.17 million more.

Among 13 analysts covering Bank Of Montreal (NYSE:BMO), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Bank Of Montreal had 29 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Tuesday, March 8. On Wednesday, August 26 the stock rating was maintained by National Bank Canada with “Sector Perform”. As per Thursday, May 25, the company rating was maintained by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, August 26. The stock of Bank of Montreal (NYSE:BMO) earned “Hold” rating by TD Securities on Thursday, May 26. The firm earned “Sector Perform” rating on Thursday, May 26 by Scotia Capital. Citigroup upgraded the shares of BMO in report on Thursday, May 18 to “Buy” rating. The rating was maintained by Scotia Capital with “Sector Perform” on Wednesday, August 26. The rating was downgraded by Canaccord Genuity to “Hold” on Thursday, May 26. Barclays Capital maintained it with “Underweight” rating and $71 target in Wednesday, December 2 report.

Guardian Capital Lp increased Kimberly Clark Corp (NYSE:KMB) stake by 5,505 shares to 128,266 valued at $15.48 million in 2017Q4. It also upped Canadian Natl Ry Co (NYSE:CNI) stake by 5,036 shares and now owns 987,154 shares. Canadian Nat Res Ltd (NYSE:CNQ) was raised too.

More notable recent Bank of Montreal (NYSE:BMO) news were published by: Themiddlemarket.com which released: “M&A daily wrap: BMO, A&M, InterGrowth, board diversity, innovation investing” on May 03, 2018, also Prnewswire.com with their article: “Clearpool Group and BMO Capital Markets Announce Strategic Technology Partnership” published on April 10, 2018, Fool.ca published: “Dividend Investors: Is BCE Inc. or Bank of Montreal a Better TFSA Pick Today?” on May 01, 2018. More interesting news about Bank of Montreal (NYSE:BMO) were released by: Finance.Yahoo.com and their article: “The Real Reason Investors Should Be Excited About Canada’s Expected Marijuana Legalization” published on April 29, 2018 as well as Prnewswire.com‘s news article titled: “This Morning’s Technical Outlook on Banking Stocks — Bank of America, Bank of Montreal, Comerica, and First …” with publication date: April 26, 2018.

Analysts await Bank of Montreal (NYSE:BMO) to report earnings on May, 23. They expect $1.68 EPS, up 15.86% or $0.23 from last year’s $1.45 per share. BMO’s profit will be $1.09B for 11.36 P/E if the $1.68 EPS becomes a reality. After $1.68 actual EPS reported by Bank of Montreal for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

GNC Holdings, Inc., together with its subsidiaries, operates as a specialty retailer of health, wellness, and performance products. The company has market cap of $302.87 million. The Company’s products include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink, and other general merchandise. It currently has negative earnings. The firm sells its products under the GNC proprietary brands, as well as under third-party brands.

Among 11 analysts covering GNC Holdings (NYSE:GNC), 2 have Buy rating, 4 Sell and 5 Hold. Therefore 18% are positive. GNC Holdings has $54 highest and $3.5 lowest target. $22.61’s average target is 524.59% above currents $3.62 stock price. GNC Holdings had 26 analyst reports since August 3, 2015 according to SRatingsIntel. Goldman Sachs downgraded it to “Neutral” rating and $30 target in Friday, April 29 report. The firm has “Buy” rating by Goldman Sachs given on Wednesday, April 6. Barclays Capital initiated GNC Holdings, Inc. (NYSE:GNC) rating on Friday, September 23. Barclays Capital has “Equal-Weight” rating and $21 target. The firm has “Hold” rating by Deutsche Bank given on Friday, October 28. The rating was downgraded by Barclays Capital on Tuesday, December 13 to “Underweight”. Barclays Capital maintained the shares of GNC in report on Friday, October 27 with “Underweight” rating. On Thursday, January 19 the stock rating was downgraded by Goldman Sachs to “Sell”. JP Morgan maintained GNC Holdings, Inc. (NYSE:GNC) rating on Monday, November 2. JP Morgan has “Neutral” rating and $34 target. The company was initiated on Tuesday, May 10 by Piper Jaffray. The firm earned “Neutral” rating on Wednesday, February 14 by JP Morgan.

GNC Holdings, Inc. (NYSE:GNC) Institutional Positions Chart

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