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Analysts See $0.35 EPS for Peyto Exploration & Development Corp. (PEY); Pacific Heights Asset Management Decreased Its Texas Pac Ld Tr (TPL) Position

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Analysts expect Peyto Exploration & Development Corp. (TSE:PEY) to report $0.35 EPS on May, 8.They anticipate $0.11 EPS change or 45.83% from last quarter’s $0.24 EPS. T_PEY’s profit would be $57.72M giving it 8.10 P/E if the $0.35 EPS is correct. After having $0.31 EPS previously, Peyto Exploration & Development Corp.’s analysts see 12.90% EPS growth. The stock increased 3.00% or $0.33 during the last trading session, reaching $11.34. About 417,737 shares traded. Peyto Exploration & Development Corp. (TSE:PEY) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Pacific Heights Asset Management Llc decreased Texas Pac Ld Tr (TPL) stake by 9.09% reported in 2017Q4 SEC filing. Pacific Heights Asset Management Llc sold 10,000 shares as Texas Pac Ld Tr (TPL)’s stock rose 14.99%. The Pacific Heights Asset Management Llc holds 100,000 shares with $44.66 million value, down from 110,000 last quarter. Texas Pac Ld Tr now has $4.20 billion valuation. The stock increased 0.40% or $2.1426 during the last trading session, reaching $537.1526. About 8,954 shares traded. Texas Pacific Land Trust (NYSE:TPL) has risen 76.38% since April 18, 2017 and is uptrending. It has outperformed by 64.83% the S&P500.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.07, from 1.12 in 2017Q3. It is positive, as 5 investors sold TPL shares while 32 reduced holdings. 14 funds opened positions while 30 raised stakes. 2.86 million shares or 0.50% less from 2.87 million shares in 2017Q3 were reported. Brown Brothers Harriman stated it has 234 shares or 0% of all its holdings. Raymond James Fin Svcs invested 0.02% in Texas Pacific Land Trust (NYSE:TPL). State Street Corp owns 11,267 shares. Nelson Van Denburg And Campbell Wealth Grp Ltd Liability holds 100 shares. Steinberg Global Asset reported 0.83% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Stratos Wealth Prtn Ltd has 61 shares for 0% of their portfolio. Tower Rech Limited Liability Company (Trc) owns 0.01% invested in Texas Pacific Land Trust (NYSE:TPL) for 170 shares. Vanguard Grp stated it has 0% in Texas Pacific Land Trust (NYSE:TPL). Moors Cabot accumulated 13,504 shares or 0.8% of the stock. Arrowstreet LP reported 18,615 shares. Sfmg Ltd Llc, Texas-based fund reported 950 shares. First Manhattan holds 157,606 shares or 0.39% of its portfolio. Cim Limited Co invested 0.26% in Texas Pacific Land Trust (NYSE:TPL). Syntal Ptnrs Ltd Liability reported 3,006 shares. Tower Bridge Advsr owns 4,250 shares.

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Canada. The company has market cap of $1.87 billion. The company's gas and oil properties are located in the Alberta's Deep Basin. It has a 10.59 P/E ratio. As of December 31, 2016, it had a total proved plus probable reserves of 655 million barrels of oil equivalent.

Among 12 analysts covering Peyto Exploration & Development (TSE:PEY), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Peyto Exploration & Development had 48 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Peyto Exploration & Development Corp. (TSE:PEY) has “” rating given on Tuesday, June 28 by Desjardins Securities. IBC initiated it with “Sector Perform” rating and $37.50 target in Wednesday, June 15 report. On Friday, April 29 the stock rating was downgraded by National Bank Canada to “Sector Perform”. The company was maintained on Friday, March 3 by TD Securities. Raymond James maintained the shares of PEY in report on Monday, June 6 with “” rating. The company was maintained on Monday, August 15 by Desjardins Securities. The firm has “” rating by National Bank Canada given on Friday, June 23. On Thursday, March 2 the stock rating was maintained by Scotia Capital with “Outperform”. The rating was maintained by Raymond James with “Outperform” on Tuesday, January 31. The firm earned “Outperform” rating on Friday, June 3 by Scotia Capital.

Texas Pacific Land Trust (NYSE:TPL) Institutional Positions Chart

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