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UMH Properties, Inc. (UMH) Reaches $12.14 After 3.00% Down Move; Cardinal Capital Management Boosted By $5.95 Million Its Laredo Petroleum (LPI) Position

Cardinal Capital Management Llc increased Laredo Petroleum Inc (LPI) stake by 40.66% reported in 2017Q3 SEC filing. Cardinal Capital Management Llc acquired 496,152 shares as Laredo Petroleum Inc (LPI)’s stock declined 8.43%. The Cardinal Capital Management Llc holds 1.72M shares with $22.19M value, up from 1.22 million last quarter. Laredo Petroleum Inc now has $1.82B valuation. The stock increased 0.66% or $0.05 during the last trading session, reaching $7.62. About 1.48 million shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since February 14, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.

The stock of UMH Properties, Inc. (NYSE:UMH) is a huge mover today! The stock decreased 0.82% or $0.1 during the last trading session, reaching $12.14. About 87,566 shares traded. UMH Properties, Inc. (NYSE:UMH) has risen 71.87% since February 14, 2017 and is uptrending. It has outperformed by 55.17% the S&P500.The move comes after 7 months negative chart setup for the $424.01 million company. It was reported on Feb, 14 by Barchart.com. We have $11.78 PT which if reached, will make NYSE:UMH worth $12.72M less.

Cardinal Capital Management Llc decreased Convergys Corp (NYSE:CVG) stake by 252,795 shares to 292,795 valued at $7.58M in 2017Q3. It also reduced Golub Cap Bdc Inc (NASDAQ:GBDC) stake by 34,673 shares and now owns 782,217 shares. Commercehub Inc was reduced too.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 17 Hold. Therefore 41% are positive. Laredo Petroleum Holdings Inc had 97 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, November 6 the stock rating was downgraded by Tudor Pickering to “Hold”. Northland Capital maintained the stock with “Market Perform” rating in Friday, August 7 report. Stifel Nicolaus maintained Laredo Petroleum, Inc. (NYSE:LPI) on Thursday, July 13 with “Buy” rating. The firm earned “Overweight” rating on Monday, September 18 by PiperJaffray. The rating was maintained by Piper Jaffray on Tuesday, January 9 with “Buy”. Zacks upgraded it to “Hold” rating and $9.50 target in Monday, August 10 report. The company was initiated on Monday, December 11 by Credit Suisse. The firm earned “Equal-Weight” rating on Thursday, February 18 by Stephens. The firm earned “Hold” rating on Friday, August 11 by BMO Capital Markets. KLR upgraded the stock to “Hold” rating in Monday, December 7 report.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.26, from 0.94 in 2017Q2. It increased, as 23 investors sold LPI shares while 41 reduced holdings. 20 funds opened positions while 57 raised stakes. 254.15 million shares or 0.31% more from 253.36 million shares in 2017Q2 were reported. Icon Advisers Inc stated it has 0.44% in Laredo Petroleum, Inc. (NYSE:LPI). Pennsylvania-based Nationwide Fund Advsr has invested 0.02% in Laredo Petroleum, Inc. (NYSE:LPI). Cardinal Management Limited Liability Company Ct accumulated 1.72 million shares. Winfield Assocs Incorporated reported 80 shares. Schwab Charles Invest Inc has 417,249 shares. Northern Tru Corporation has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 805,540 shares. Invesco Limited reported 3.60M shares stake. Commercial Bank Of Montreal Can has invested 0.01% in Laredo Petroleum, Inc. (NYSE:LPI). Alliancebernstein LP holds 77,640 shares. 37,200 were accumulated by Capital Fund Management. Waddell Reed Financial Inc reported 4.62M shares. Capital Research holds 0% or 1.24 million shares in its portfolio. Engineers Gate Manager Lp holds 0.03% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 25,135 shares. D E Shaw Co Inc accumulated 962,802 shares or 0.02% of the stock. Raymond James Services reported 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI).

Analysts await UMH Properties, Inc. (NYSE:UMH) to report earnings on March, 14. They expect $0.20 EPS, up 11.11% or $0.02 from last year’s $0.18 per share. UMH’s profit will be $6.99M for 15.18 P/E if the $0.20 EPS becomes a reality. After $0.14 actual EPS reported by UMH Properties, Inc. for the previous quarter, Wall Street now forecasts 42.86% EPS growth.

Among 5 analysts covering UMH Properties (NYSE:UMH), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. UMH Properties had 6 analyst reports since March 11, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 8 by Janney Capital. FBR Capital maintained it with “Buy” rating and $17.5 target in Monday, November 6 report. On Friday, March 11 the stock rating was upgraded by Wunderlich to “Buy”. The stock of UMH Properties, Inc. (NYSE:UMH) has “Buy” rating given on Thursday, May 11 by Wunderlich.

UMH Properties, Inc. is a real estate investment trust. The company has market cap of $424.01 million. The firm engages in the ownership and operation of manufactured home communities. It currently has negative earnings. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents.

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