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EPS for Olympic Steel, Inc. (ZEUS) Expected At $0.68; Natixis Asset Management Lowered Amgen (AMGN) Holding By $1.10 Million

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Natixis Asset Management decreased Amgen Inc. (AMGN) stake by 69.14% reported in 2017Q4 SEC filing. Natixis Asset Management sold 6,296 shares as Amgen Inc. (AMGN)’s stock declined 2.99%. The Natixis Asset Management holds 2,810 shares with $489,000 value, down from 9,106 last quarter. Amgen Inc. now has $114.65B valuation. The stock decreased 0.79% or $1.37 during the last trading session, reaching $171.56. About 2.28M shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 3.78% since April 21, 2017 and is uptrending. It has underperformed by 7.77% the S&P500.

Analysts expect Olympic Steel, Inc. (NASDAQ:ZEUS) to report $0.68 EPS on May, 3 before the open.They anticipate $0.17 EPS change or 33.33% from last quarter’s $0.51 EPS. ZEUS’s profit would be $7.48M giving it 8.55 P/E if the $0.68 EPS is correct. After having $-0.04 EPS previously, Olympic Steel, Inc.’s analysts see -1,800.00% EPS growth. The stock decreased 1.23% or $0.29 during the last trading session, reaching $23.26. About 51,460 shares traded. Olympic Steel, Inc. (NASDAQ:ZEUS) has risen 7.71% since April 21, 2017 and is uptrending. It has underperformed by 3.84% the S&P500.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. The company has market cap of $255.83 million. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. It has a 13.96 P/E ratio. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts.

Among 3 analysts covering Olympic Steel Inc (NASDAQ:ZEUS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Olympic Steel Inc had 21 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, August 30 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained Olympic Steel, Inc. (NASDAQ:ZEUS) on Friday, June 2 with “Hold” rating. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) has “Outperform” rating given on Tuesday, March 14 by Macquarie Research. The rating was maintained by KeyBanc Capital Markets on Monday, September 18 with “Hold”. The stock of Olympic Steel, Inc. (NASDAQ:ZEUS) earned “Hold” rating by Jefferies on Tuesday, January 9. Jefferies maintained Olympic Steel, Inc. (NASDAQ:ZEUS) on Tuesday, October 17 with “Hold” rating. The company was maintained on Thursday, October 19 by KeyBanc Capital Markets. Jefferies upgraded Olympic Steel, Inc. (NASDAQ:ZEUS) on Monday, August 24 to “Buy” rating. The rating was downgraded by Macquarie Research on Tuesday, November 8 to “Neutral”. On Wednesday, January 13 the stock rating was reinitiated by Jefferies with “Buy”.

Investors sentiment increased to 1.5 in 2017 Q4. Its up 0.55, from 0.95 in 2017Q3. It increased, as 6 investors sold Olympic Steel, Inc. shares while 26 reduced holdings. 19 funds opened positions while 29 raised stakes. 7.11 million shares or 0.65% more from 7.06 million shares in 2017Q3 were reported. Jacobs Levy Equity Mgmt has invested 0.03% in Olympic Steel, Inc. (NASDAQ:ZEUS). 107,400 are held by Gsa Cap Prns Ltd Liability Partnership. Thrivent Financial For Lutherans stated it has 0% in Olympic Steel, Inc. (NASDAQ:ZEUS). Panagora Asset Mngmt has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS). Leucadia Natl invested 0.04% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Parallax Volatility Advisers Lp has 0% invested in Olympic Steel, Inc. (NASDAQ:ZEUS). Natl Bank Of New York Mellon holds 0% in Olympic Steel, Inc. (NASDAQ:ZEUS) or 128,011 shares. Bridgeway Capital Mngmt invested in 0.02% or 91,800 shares. Principal Finance Group holds 68,139 shares. Arizona State Retirement System stated it has 0% of its portfolio in Olympic Steel, Inc. (NASDAQ:ZEUS). Manufacturers Life Insurance The invested in 7,563 shares. Gp One Trading Limited Partnership accumulated 0% or 200 shares. The New York-based Virtu has invested 0.02% in Olympic Steel, Inc. (NASDAQ:ZEUS). Comerica State Bank reported 9,316 shares. Sei has invested 0% in Olympic Steel, Inc. (NASDAQ:ZEUS).

Among 25 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 44% are positive. Amgen Inc. had 88 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, February 5 by Atlantic Securities. The firm has “Buy” rating given on Thursday, September 7 by Piper Jaffray. Argus Research upgraded Amgen Inc. (NASDAQ:AMGN) rating on Tuesday, January 23. Argus Research has “Buy” rating and $220 target. The stock has “Hold” rating by Gabelli on Friday, August 26. The firm has “Neutral” rating given on Friday, February 2 by Credit Suisse. Oppenheimer maintained it with “Buy” rating and $18900 target in Tuesday, June 13 report. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Outperform” rating by Oppenheimer on Tuesday, December 13. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Hold” rating by RBC Capital Markets on Thursday, October 26. The firm earned “Buy” rating on Monday, June 26 by Oppenheimer. Piper Jaffray maintained the shares of AMGN in report on Thursday, October 12 with “Buy” rating.

Since December 12, 2017, it had 0 buys, and 5 sales for $1.37 million activity. On Tuesday, December 12 the insider Harper Sean E sold $269,666.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.23, from 0.99 in 2017Q3. It improved, as 73 investors sold AMGN shares while 458 reduced holdings. 122 funds opened positions while 527 raised stakes. 551.71 million shares or 0.60% less from 555.05 million shares in 2017Q3 were reported. 221,835 were accumulated by Davenport And Limited Liability Company. Moreover, Armstrong Henry H has 0.09% invested in Amgen Inc. (NASDAQ:AMGN) for 3,193 shares. Blackrock Inc invested in 0.41% or 49.43M shares. Mason Street Advisors Lc reported 101,113 shares. Granite Invest Prtn Limited Liability Co reported 0.08% stake. Moreover, Valueworks has 6.68% invested in Amgen Inc. (NASDAQ:AMGN). Albion Finance Group Inc Ut accumulated 2,615 shares. New Mexico Educational Retirement Board has invested 0.46% in Amgen Inc. (NASDAQ:AMGN). Apg Asset Mngmt Nv has 1.95M shares. Moreover, Tru Of Virginia Va has 1.55% invested in Amgen Inc. (NASDAQ:AMGN) for 63,772 shares. Hsbc Hldg Public Ltd Co stated it has 1.64M shares or 0.41% of all its holdings. Signaturefd Ltd Com reported 3,827 shares. Ohio-based Budros Ruhlin & Roe has invested 0.12% in Amgen Inc. (NASDAQ:AMGN). 23,935 are owned by Family Mngmt. F&V Capital Mngmt Limited Liability Co has invested 2.79% in Amgen Inc. (NASDAQ:AMGN).

Analysts await Amgen Inc. (NASDAQ:AMGN) to report earnings on April, 26 after the close. They expect $3.22 EPS, up 2.22% or $0.07 from last year’s $3.15 per share. AMGN’s profit will be $2.15B for 13.32 P/E if the $3.22 EPS becomes a reality. After $2.89 actual EPS reported by Amgen Inc. for the previous quarter, Wall Street now forecasts 11.42% EPS growth.

Olympic Steel, Inc. (NASDAQ:ZEUS) Institutional Positions Chart

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