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Harvey Partners Has Trimmed Its Orion Engineered Carbons S A (OEC) Position by $2.19 Million; Share Price Declined; Brookdale Sr Living (BKD) Shareholder Forward Management Has Raised Stake

Jeffrey Moskowitz decreased its stake in Orion Engineered Carbons S A (OEC) by 21.51% based on its latest 2017Q3 regulatory filing with the SEC. Harvey Partners Llc sold 99,500 shares as the company’s stock declined 12.47% while stock markets rallied. The hedge fund run by Jeffrey Moskowitz held 363,000 shares of the major chemicals company at the end of 2017Q3, valued at $8.15 million, down from 462,500 at the end of the previous reported quarter. Harvey Partners Llc who had been investing in Orion Engineered Carbons S A for a number of months, seems to be less bullish one the $1.71B market cap company. The stock decreased 1.54% or $0.45 during the last trading session, reaching $28.75. About 528,872 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 24.57% since February 20, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Forward Management Llc increased its stake in Brookdale Sr Living Inc (BKD) by 425.8% based on its latest 2017Q3 regulatory filing with the SEC. Forward Management Llc bought 787,300 shares as the company’s stock declined 2.44% while stock markets rallied. The institutional investor held 972,200 shares of the hospital and nursing management company at the end of 2017Q3, valued at $10.31M, up from 184,900 at the end of the previous reported quarter. Forward Management Llc who had been investing in Brookdale Sr Living Inc for a number of months, seems to be bullish on the $1.72B market cap company. It closed at $9.2 lastly. It is down 20.75% since February 20, 2017 and is downtrending. It has underperformed by 37.45% the S&P500.

Harvey Partners Llc, which manages about $369.32 million and $87.09M US Long portfolio, upped its stake in H & E Equipment Services Inc (NASDAQ:HEES) by 13,000 shares to 113,000 shares, valued at $3.30M in 2017Q3, according to the filing. It also increased its holding in Shotspotter Inc by 31,900 shares in the quarter, for a total of 50,000 shares, and has risen its stake in Intel Corp (NASDAQ:INTC).

Among 10 analysts covering Orion Engineered Carbons (NYSE:OEC), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Orion Engineered Carbons had 21 analyst reports since August 10, 2015 according to SRatingsIntel. The company was upgraded on Monday, November 6 by JP Morgan. KeyBanc Capital Markets maintained Orion Engineered Carbons, S.A. (NYSE:OEC) rating on Monday, October 16. KeyBanc Capital Markets has “Buy” rating and $25 target. The firm has “Buy” rating by KeyBanc Capital Markets given on Tuesday, January 16. BB&T Capital initiated Orion Engineered Carbons, S.A. (NYSE:OEC) on Friday, June 10 with “Buy” rating. Jefferies initiated the stock with “Buy” rating in Monday, January 22 report. Barclays Capital maintained it with “Equal-Weight” rating and $25 target in Tuesday, November 7 report. The firm has “Buy” rating given on Friday, July 14 by Goldman Sachs. UBS maintained the stock with “Neutral” rating in Friday, November 3 report. The stock has “Neutral” rating by JP Morgan on Monday, August 7. The firm has “Buy” rating by J.P. Morgan given on Monday, November 6.

Analysts await Orion Engineered Carbons, S.A. (NYSE:OEC) to report earnings on February, 22. They expect $0.41 earnings per share, 0.00% or $0.00 from last year’s $0.41 per share. OEC’s profit will be $24.31 million for 17.53 P/E if the $0.41 EPS becomes a reality. After $0.40 actual earnings per share reported by Orion Engineered Carbons, S.A. for the previous quarter, Wall Street now forecasts 2.50% EPS growth.

Among 8 analysts covering Brookdale Senior Living (NYSE:BKD), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Brookdale Senior Living had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, November 8 with “Buy”. The stock has “Market Perform” rating by Wells Fargo on Wednesday, November 2. The rating was downgraded by Jefferies to “Hold” on Friday, November 11. The stock of Brookdale Senior Living Inc. (NYSE:BKD) has “Outperform” rating given on Wednesday, November 2 by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, August 8. The firm has “Buy” rating given on Tuesday, November 7 by Stifel Nicolaus. RBC Capital Markets maintained Brookdale Senior Living Inc. (NYSE:BKD) on Friday, November 6 with “Top Pick” rating. Jefferies upgraded Brookdale Senior Living Inc. (NYSE:BKD) rating on Monday, March 27. Jefferies has “Buy” rating and $16.50 target. The stock of Brookdale Senior Living Inc. (NYSE:BKD) has “Buy” rating given on Tuesday, May 30 by RBC Capital Markets. On Wednesday, August 5 the stock rating was maintained by Jefferies with “Buy”.

Forward Management Llc, which manages about $5.17B and $893.11 million US Long portfolio, decreased its stake in Glaxosmithkline Plc (NYSE:GSK) by 11,701 shares to 37,433 shares, valued at $1.52M in 2017Q3, according to the filing. It also reduced its holding in Avalonbay Cmntys Inc (NYSE:AVB) by 6,700 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Washington Prime Group New.

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