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Cookson Peirce & Co Cut Its Crane Co (CR) Holding; Profile of 3 Analysts Covering Mercer International Inc. (MERC)

Cookson Peirce & Co Inc decreased Crane Co (CR) stake by 52.21% reported in 2017Q3 SEC filing. Cookson Peirce & Co Inc sold 13,020 shares as Crane Co (CR)’s stock rose 4.63%. The Cookson Peirce & Co Inc holds 11,920 shares with $953,000 value, down from 24,940 last quarter. Crane Co now has $5.53B valuation. The stock increased 1.03% or $0.9497 during the last trading session, reaching $93.2497. About 79,167 shares traded. Crane Co. (NYSE:CR) has risen 42.66% since January 17, 2017 and is uptrending. It has outperformed by 25.96% the S&P500.

Among 6 analysts covering Mercer Intl (NASDAQ:MERC), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Mercer Intl had 17 analyst reports since August 26, 2015 according to SRatingsIntel. RBC Capital Markets downgraded Mercer International Inc. (NASDAQ:MERC) rating on Friday, January 6. RBC Capital Markets has “Sector Perform” rating and $10 target. Standpoint Research downgraded the stock to “Hold” rating in Monday, January 23 report. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, October 29. The stock of Mercer International Inc. (NASDAQ:MERC) earned “Outperform” rating by RBC Capital Markets on Thursday, October 19. Raymond James downgraded Mercer International Inc. (NASDAQ:MERC) on Wednesday, January 27 to “Outperform” rating. The firm earned “Outperform” rating on Wednesday, August 26 by Raymond James. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 27. As per Sunday, October 8, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, January 13 by Sidoti. As per Tuesday, February 16, the company rating was maintained by RBC Capital Markets. See Mercer International Inc. (NASDAQ:MERC) latest ratings:

11/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $17.0 Maintain
29/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $16.0 Maintain
27/10/2017 Broker: Credit Suisse Old Rating: Outperform New Rating: Neutral Downgrade
19/10/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Old Target: $10 Upgrade
08/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $12.0 Maintain
27/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $12.0000 Maintain

Among 15 analysts covering Crane (NYSE:CR), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Crane had 45 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, November 17 the stock rating was initiated by Oppenheimer with “Perform”. The company was maintained on Wednesday, October 28 by RBC Capital Markets. As per Wednesday, October 26, the company rating was maintained by Canaccord Genuity. The stock of Crane Co. (NYSE:CR) has “Hold” rating given on Wednesday, October 25 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Monday, December 5. Bank of America maintained Crane Co. (NYSE:CR) rating on Wednesday, October 25. Bank of America has “Buy” rating and $104 target. The stock has “Hold” rating by Stifel Nicolaus on Sunday, October 15. The rating was downgraded by Seaport Global to “Accumulate” on Wednesday, March 9. The firm has “Market Perform” rating by Avondale given on Thursday, October 15. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, April 26 report.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.46, from 1.54 in 2017Q2. It worsened, as 35 investors sold CR shares while 89 reduced holdings. 39 funds opened positions while 95 raised stakes. 35.90 million shares or 1.25% less from 36.35 million shares in 2017Q2 were reported. Prudential reported 586,592 shares or 0.08% of all its holdings. Winfield invested 0% in Crane Co. (NYSE:CR). Commonwealth Equity Incorporated holds 0% or 5,821 shares. Bailard Incorporated stated it has 45,053 shares. Riverhead Cap Management Lc invested in 6,073 shares or 0.02% of the stock. Envestnet Asset Mngmt Inc holds 0% in Crane Co. (NYSE:CR) or 3,725 shares. Bluemountain Ltd Liability has 0.23% invested in Crane Co. (NYSE:CR). Moreover, Dekabank Deutsche Girozentrale has 0% invested in Crane Co. (NYSE:CR) for 2,600 shares. Schroder Mgmt Group owns 0.01% invested in Crane Co. (NYSE:CR) for 55,700 shares. Northern Corporation reported 0.01% of its portfolio in Crane Co. (NYSE:CR). Manufacturers Life Ins Co The invested in 0.01% or 75,119 shares. First Republic Investment Mgmt holds 0% in Crane Co. (NYSE:CR) or 4,295 shares. State Of Tennessee Treasury Department owns 10,000 shares for 0% of their portfolio. Elk Creek Prtnrs Ltd Com has invested 0.21% in Crane Co. (NYSE:CR). Parallax Volatility Advisers LP invested 0% of its portfolio in Crane Co. (NYSE:CR).

Analysts await Crane Co. (NYSE:CR) to report earnings on January, 29. They expect $1.17 EPS, up 14.71% or $0.15 from last year’s $1.02 per share. CR’s profit will be $69.43 million for 19.93 P/E if the $1.17 EPS becomes a reality. After $1.13 actual EPS reported by Crane Co. for the previous quarter, Wall Street now forecasts 3.54% EPS growth.

Since August 4, 2017, it had 0 insider buys, and 6 insider sales for $3.10 million activity. DUPONT AUGUSTUS I sold $960,339 worth of Crane Co. (NYSE:CR) on Thursday, October 26. SALOVAARA KRISTIAN ROBERT also sold $701,041 worth of Crane Co. (NYSE:CR) shares. BIGELOW E THAYER sold $88,339 worth of Crane Co. (NYSE:CR) on Monday, October 30. On Thursday, August 31 the insider Switter Edward S sold $518,210. $386,474 worth of stock was sold by PANTALEONI A D on Monday, October 30.

Cookson Peirce & Co Inc increased Huntington Ingalls Inds Inc (NYSE:HII) stake by 5,000 shares to 61,620 valued at $13.95 million in 2017Q3. It also upped Nvidia Corp (NASDAQ:NVDA) stake by 1,768 shares and now owns 127,330 shares. Xcel Energy Inc (NYSE:XEL) was raised too.

Investors sentiment increased to 1.4 in Q3 2017. Its up 0.09, from 1.31 in 2017Q2. It increased, as 13 investors sold Mercer International Inc. shares while 22 reduced holdings. 15 funds opened positions while 34 raised stakes. 50.69 million shares or 1.57% less from 51.50 million shares in 2017Q2 were reported. Gsa Prtnrs Llp holds 103,673 shares. Aegis Fincl invested in 211,115 shares. Moreover, Virtu Financial Llc has 0% invested in Mercer International Inc. (NASDAQ:MERC). Moreover, Toronto Dominion Commercial Bank has 0% invested in Mercer International Inc. (NASDAQ:MERC) for 9,519 shares. 2.32M were accumulated by Knighthead Cap Mngmt Lc. 15,000 are owned by Prelude Cap Mngmt Ltd Liability Corporation. 292,848 were accumulated by Penn Capital Com. Goldman Sachs Group stated it has 0% in Mercer International Inc. (NASDAQ:MERC). Huber Mgmt Limited Liability accumulated 0.13% or 206,758 shares. Susquehanna Int Grp Ltd Liability Partnership invested in 0% or 17,100 shares. Hartford Fincl Management Inc stated it has 4,500 shares. Moreover, Clarivest Asset Mgmt Ltd Liability Corp has 0.06% invested in Mercer International Inc. (NASDAQ:MERC). Blackrock accumulated 421,594 shares or 0% of the stock. Gates Capital Mgmt Incorporated holds 2.8% of its portfolio in Mercer International Inc. (NASDAQ:MERC) for 8.34 million shares. Teachers Ins Annuity Association Of America holds 0.02% or 54,578 shares.

Since August 2, 2017, it had 4 insider buys, and 18 selling transactions for $29.83 million activity. LEE JIMMY S H sold 25,000 shares worth $356,425. Lauritzen Eric also sold $120,790 worth of Mercer International Inc. (NASDAQ:MERC) on Friday, October 20. $158,996 worth of Mercer International Inc. (NASDAQ:MERC) shares were sold by GANDOSSI DAVID M. Another trade for 75,000 shares valued at $891,533 was made by KELLOGG PETER R on Friday, September 29. Shepherd James had sold 4,560 shares worth $49,729 on Wednesday, August 2.

The stock decreased 0.35% or $0.05 during the last trading session, reaching $14.35. About 76,807 shares traded. Mercer International Inc. (NASDAQ:MERC) has risen 25.28% since January 17, 2017 and is uptrending. It has outperformed by 8.58% the S&P500.

Mercer International Inc., together with its subsidiaries, makes and sells northern bleached softwood Kraft pulp worldwide. The company has market cap of $932.45 million. It produces NBSK pulp principally from wood chips and pulp logs; and tall oil for use as a chemical additive and green energy source, as well as carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste. It has a 19.68 P/E ratio. The firm sells its pulp to tissue, specialty papers, and printing and writing paper manufacturers; and green energy to third party utilities.

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