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Iridian Asset Management Upped Olin (OLN) Stake; Lear (LEA)’s Sentiment Is 0.92

Iridian Asset Management Llc increased Olin Corp (OLN) stake by 3.83% reported in 2017Q3 SEC filing. Iridian Asset Management Llc acquired 272,124 shares as Olin Corp (OLN)’s stock rose 1.10%. The Iridian Asset Management Llc holds 7.37M shares with $252.43 million value, up from 7.10 million last quarter. Olin Corp now has $5.54 billion valuation. The stock decreased 0.21% or $0.07 during the last trading session, reaching $33.15. About 863,083 shares traded. Olin Corporation (NYSE:OLN) has risen 51.90% since February 23, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Lear Corporation designs, develops, engineers, makes, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. The company has market cap of $12.66 billion. It operates in two divisions, Seating and E-Systems. It has a 10.18 P/E ratio. The Seating segment provides seat systems and related components, including leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on April, 25. They expect $4.88 EPS, up 14.29% or $0.61 from last year’s $4.27 per share. LEA’s profit will be $326.56M for 9.69 P/E if the $4.88 EPS becomes a reality. After $4.38 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts 11.42% EPS growth.

Since January 1, 0001, it had 0 insider buys, and 13 sales for $47.64 million activity.

Paradice Investment Management Llc holds 5.88% of its portfolio in Lear Corporation for 452,846 shares. Seminole Management Co. Inc. owns 135,611 shares or 5.03% of their US portfolio. Moreover, Simcoe Capital Management Llc has 4.3% invested in the company for 62,825 shares. The California-based Spitfire Capital Llc has invested 4.15% in the stock. J.P. Marvel Investment Advisors Llc, a Massachusetts-based fund reported 70,332 shares.

Ratings analysis reveals 0 of Lear’s analysts are positive. Out of 6 Wall Street analysts rating Lear, 0 give it “Buy”, 2 “Sell” rating, while 4 recommend “Hold”. The lowest target is $121.0 while the high is $138.0. The stock’s average target of $130.67 is -30.92% below today’s ($189.17) share price. LEA was included in 6 notes of analysts from October 6, 2016. The stock of Lear Corporation (NYSE:LEA) earned “Sector Perform” rating by RBC Capital Markets on Friday, October 14. The firm has “Underperform” rating by Bank of America given on Wednesday, November 9. The company was downgraded on Tuesday, February 21 by Morgan Stanley. Robert W. Baird initiated Lear Corporation (NYSE:LEA) on Tuesday, October 11 with “Neutral” rating. The stock of Lear Corporation (NYSE:LEA) earned “Sell” rating by Goldman Sachs on Thursday, October 6. The rating was maintained by Barclays Capital with “Equal Weight” on Thursday, January 12.

The stock decreased 1.24% or $2.37 during the last trading session, reaching $189.17. About 687,178 shares traded or 22.24% up from the average. Lear Corporation (LEA) has risen 28.33% since February 23, 2017 and is uptrending. It has outperformed by 11.63% the S&P500.

Among 14 analysts covering Olin Corporation (NYSE:OLN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Olin Corporation had 46 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, December 13. The stock of Olin Corporation (NYSE:OLN) earned “Overweight” rating by Morgan Stanley on Monday, February 12. The stock has “Outperform” rating by Cowen & Co on Friday, February 10. SunTrust maintained Olin Corporation (NYSE:OLN) rating on Wednesday, November 1. SunTrust has “Buy” rating and $45.0 target. The stock of Olin Corporation (NYSE:OLN) has “Buy” rating given on Friday, July 28 by Cowen & Co. As per Tuesday, September 5, the company rating was maintained by Cowen & Co. The stock of Olin Corporation (NYSE:OLN) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, September 8. UBS upgraded the stock to “Neutral” rating in Wednesday, September 2 report. The stock has “Buy” rating by Susquehanna on Thursday, February 8. On Tuesday, November 3 the stock rating was maintained by UBS with “Neutral”.

Iridian Asset Management Llc decreased Casey’s General Stores Inc (NASDAQ:CASY) stake by 78,872 shares to 1.47 million valued at $161.38M in 2017Q3. It also reduced Hd Supply Holdings Inc (NASDAQ:HDS) stake by 48,961 shares and now owns 6.49 million shares. Check Point Software Technologies Ltd (NASDAQ:CHKP) was reduced too.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.12, from 1.07 in 2017Q2. It worsened, as 33 investors sold OLN shares while 95 reduced holdings. 42 funds opened positions while 79 raised stakes. 147.38 million shares or 2.64% less from 151.38 million shares in 2017Q2 were reported. First Interstate National Bank reported 6,300 shares. Advisory Services Net Limited Liability Company reported 1,308 shares. Liberty Mutual Asset reported 43,394 shares. Prudential Public Limited Liability Co holds 0.09% or 805,100 shares. Gabelli Funds Llc stated it has 0.04% of its portfolio in Olin Corporation (NYSE:OLN). Advantus Capital Mngmt holds 0.02% of its portfolio in Olin Corporation (NYSE:OLN) for 20,944 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.16% in Olin Corporation (NYSE:OLN) or 381,729 shares. Proshare Advsrs Limited Company has invested 0.01% of its portfolio in Olin Corporation (NYSE:OLN). Plante Moran Financial Advsr Ltd Llc, a Michigan-based fund reported 1,435 shares. Stifel Finance Corporation has invested 0.01% in Olin Corporation (NYSE:OLN). Glg Ptnrs LP has invested 0.09% in Olin Corporation (NYSE:OLN). Signalpoint Asset Ltd Liability Corporation holds 21,212 shares or 0.37% of its portfolio. Mufg Americas Corporation invested in 0% or 300 shares. Luminus Mgmt Ltd Liability Com reported 661,842 shares or 0.6% of all its holdings. Morgan Stanley reported 0.01% of its portfolio in Olin Corporation (NYSE:OLN).

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