Market News

Kayne Anderson Rudnick Investment Management Cut By $304,110 Its Ppg Industries (PPG) Holding; Liberty (LC) Sentiment Is 1.29

Kayne Anderson Rudnick Investment Management Llc decreased Ppg Industries Inc (PPG) stake by 2.44% reported in 2017Q2 SEC filing. Kayne Anderson Rudnick Investment Management Llc sold 2,790 shares as Ppg Industries Inc (PPG)’s stock rose 4.26%. The Kayne Anderson Rudnick Investment Management Llc holds 111,651 shares with $12.28M value, down from 114,441 last quarter. Ppg Industries Inc now has $29.55 billion valuation. The stock decreased 0.07% or $0.08 during the last trading session, reaching $116.11. About 1.13 million shares traded. PPG Industries, Inc. (NYSE:PPG) has risen 1.03% since December 8, 2016 and is uptrending. It has underperformed by 15.67% the S&P500.

LendingClub Corporation, together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. The company has market cap of $1.49 billion. The Company’s marketplace facilitates various types of loan products for clients and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and small business loans and lines of credit. It currently has negative earnings. The firm also offers investors an opportunity to invest in a range of loans based on term and credit characteristics.

Norwest Venture Partners X L P holds 52.79% of its portfolio in LendingClub Corporation for 12.82 million shares. Shanda Asset Management Holdings Ltd owns 57.74 million shares or 49.56% of their US portfolio. Moreover, Foundation Capital Llc has 31.57% invested in the company for 21.85 million shares. The California-based Kpcb Dgf Associates Llc has invested 9.1% in the stock. Harbourvest Partners Llc, a Massachusetts-based fund reported 1.90 million shares.

Analysts await LendingClub Corporation (NYSE:LC) to report earnings on February, 13. They expect $-0.01 earnings per share, up 87.50% or $0.07 from last year’s $-0.08 per share. After $-0.01 actual earnings per share reported by LendingClub Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Ratings analysis reveals 0 of Lending Club’s analysts are positive. Out of 2 Wall Street analysts rating Lending Club, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $3.75 while the high is $6.5. The stock’s average target of $5.13 is 42.90% above today’s ($3.59) share price. LC was included in 2 notes of analysts from October 11, 2016. The rating was maintained by FBR Capital on Friday, October 14 with “Mkt Perform”. Wedbush initiated LendingClub Corporation (NYSE:LC) on Tuesday, October 11 with “Underperform” rating.

The stock decreased 15.53% or $0.66 during the last trading session, reaching $3.59. About 47.96M shares traded or 500.32% up from the average. LendingClub Corporation (LC) has risen 52.97% since December 8, 2016 and is uptrending. It has outperformed by 36.27% the S&P500.

Kayne Anderson Rudnick Investment Management Llc increased Ametek Inc (NYSE:AME) stake by 12,310 shares to 122,892 valued at $7.44M in 2017Q2. It also upped Anika Therapeutics (NASDAQ:ANIK) stake by 88,418 shares and now owns 1.42M shares. Lincoln Elec Hldgs (NASDAQ:LECO) was raised too.

Investors sentiment decreased to 0.8 in 2017 Q2. Its down 0.06, from 0.86 in 2017Q1. It dropped, as 47 investors sold PPG shares while 252 reduced holdings. 64 funds opened positions while 176 raised stakes. 185.24 million shares or 3.67% more from 178.68 million shares in 2017Q1 were reported. Tokio Marine Asset Mngmt holds 0.16% in PPG Industries, Inc. (NYSE:PPG) or 10,062 shares. Moreover, Raymond James Trust Na has 0.16% invested in PPG Industries, Inc. (NYSE:PPG) for 19,056 shares. Alliancebernstein Lp reported 433,876 shares. Mariner Wealth Advsr Limited Co accumulated 1,818 shares or 0.01% of the stock. Rothschild Investment Corporation Il invested 0.16% of its portfolio in PPG Industries, Inc. (NYSE:PPG). Thrivent Financial For Lutherans reported 0% stake. Bkd Wealth Advisors Ltd Liability accumulated 3,472 shares or 0.04% of the stock. Palouse Cap Mgmt Incorporated, a Washington-based fund reported 19,164 shares. 1St Source Comml Bank stated it has 0.04% in PPG Industries, Inc. (NYSE:PPG). Nj State Employees Deferred Compensation Plan invested in 0.2% or 9,700 shares. Leavell Management accumulated 2,564 shares. Carroll Associates has invested 0.04% of its portfolio in PPG Industries, Inc. (NYSE:PPG). 5,600 are held by Reaves W H. Janney Montgomery Scott Ltd Liability holds 122,523 shares or 0.17% of its portfolio. Mcrae Cap holds 0.15% in PPG Industries, Inc. (NYSE:PPG) or 3,350 shares.

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.


Leave a Reply

Your email address will not be published. Required fields are marked *