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Analysts See $0.49 EPS for Manulife Financial (MFC); Walleye Trading Has Cut Iridium Communications (Put) (IRDM) Stake By $309,100

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Analysts expect Manulife Financial Corporation (NYSE:MFC) to report $0.49 EPS on May, 2 after the close.They anticipate $0.08 EPS change or 19.51% from last quarter’s $0.41 EPS. MFC’s profit would be $977.27 million giving it 9.72 P/E if the $0.49 EPS is correct. After having $0.46 EPS previously, Manulife Financial Corporation’s analysts see 6.52% EPS growth. The stock increased 0.95% or $0.18 during the last trading session, reaching $19.05. About 2.51M shares traded. Manulife Financial Corporation (NYSE:MFC) has risen 4.92% since April 25, 2017 and is uptrending. It has underperformed by 6.63% the S&P500.

Walleye Trading Llc decreased Iridium Communications Inc (Put) (IRDM) stake by 46.83% reported in 2017Q4 SEC filing. Walleye Trading Llc sold 28,100 shares as Iridium Communications Inc (Put) (IRDM)’s stock declined 3.02%. The Walleye Trading Llc holds 31,900 shares with $376,000 value, down from 60,000 last quarter. Iridium Communications Inc (Put) now has $1.40B valuation. The stock increased 0.39% or $0.05 during the last trading session, reaching $12.8. About 748,370 shares traded. Iridium Communications Inc. (NASDAQ:IRDM) has risen 26.40% since April 25, 2017 and is uptrending. It has outperformed by 14.85% the S&P500.

Walleye Trading Llc increased Darden Restaurants Inc (Put) (NYSE:DRI) stake by 8,200 shares to 11,000 valued at $1.06 million in 2017Q4. It also upped Ypf Sociedad Anonima (Put) (NYSE:YPF) stake by 1.18 million shares and now owns 2.00M shares. Mosaic Co New (NYSE:MOS) was raised too.

Analysts await Iridium Communications Inc. (NASDAQ:IRDM) to report earnings on April, 26 before the open. They expect $0.04 earnings per share, down 86.67% or $0.26 from last year’s $0.3 per share. IRDM’s profit will be $4.37 million for 80.00 P/E if the $0.04 EPS becomes a reality. After $0.08 actual earnings per share reported by Iridium Communications Inc. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.22, from 1.35 in 2017Q3. It is negative, as 10 investors sold IRDM shares while 58 reduced holdings. 26 funds opened positions while 51 raised stakes. 94.81 million shares or 2.32% less from 97.06 million shares in 2017Q3 were reported. Tiaa Cref Invest Mgmt Limited Liability Corporation invested in 313,433 shares or 0% of the stock. Sterling Capital Mgmt Ltd Liability Corporation holds 102,285 shares or 0.01% of its portfolio. Laurion Cap Mgmt Lp holds 0% or 17,507 shares. Riverhead Cap Management Ltd has invested 0% of its portfolio in Iridium Communications Inc. (NASDAQ:IRDM). Manufacturers Life Ins The, Ontario – Canada-based fund reported 64,349 shares. Bamco New York has 0.63% invested in Iridium Communications Inc. (NASDAQ:IRDM) for 9.33 million shares. The New York-based Sg Americas Ltd Liability Corp has invested 0.01% in Iridium Communications Inc. (NASDAQ:IRDM). Alps Advisors owns 21,751 shares. Hall Laurie J Trustee holds 0.01% or 800 shares. Comerica Bank & Trust invested 0.01% of its portfolio in Iridium Communications Inc. (NASDAQ:IRDM). Van Berkom And Assocs Incorporated invested 1.96% in Iridium Communications Inc. (NASDAQ:IRDM). The Illinois-based Citadel Lc has invested 0% in Iridium Communications Inc. (NASDAQ:IRDM). 159,957 are owned by Susquehanna Gp Limited Liability Partnership. Lsv Asset invested in 2.37 million shares. Community Fincl Bank Na holds 200 shares.

Among 3 analysts covering Iridium Communications (NASDAQ:IRDM), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Iridium Communications had 3 analyst reports since August 31, 2017 according to SRatingsIntel. Wells Fargo maintained Iridium Communications Inc. (NASDAQ:IRDM) rating on Friday, October 27. Wells Fargo has “Market Perform” rating and $12 target. The rating was maintained by Northland Capital on Friday, October 27 with “Hold”.

Among 6 analysts covering Manulife Financial Corp. (NYSE:MFC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Manulife Financial Corp. had 12 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, November 13 by Morgan Stanley. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, April 5. The rating was initiated by Dundee Securities on Wednesday, September 21 with “Buy”. The stock of Manulife Financial Corporation (NYSE:MFC) earned “Buy” rating by TD Securities on Friday, August 7. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, February 22. Bank of America initiated the stock with “Buy” rating in Wednesday, August 24 report. The company was maintained on Friday, November 13 by RBC Capital Markets. RBC Capital Markets maintained Manulife Financial Corporation (NYSE:MFC) on Friday, August 7 with “Outperform” rating. IBC downgraded the stock to “Sector Perform” rating in Thursday, August 4 report. The firm has “Equal-Weight” rating given on Thursday, October 5 by Morgan Stanley.

Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States. The company has market cap of $37.99 billion. It offers various individual life, and individual and group long-term care insurance through insurance agents, brokers, banks, financial planners, and direct marketing. It has a 25.47 P/E ratio. The firm also provides pension contracts and mutual fund services and products; various retirement products to group benefit plans; and annuities, single premium, and banking products, such as deposit and credit products to Canadian customers, as well as non-guaranteed, partially guaranteed, and fully guaranteed investment options through general and separate account products.

Iridium Communications Inc. (NASDAQ:IRDM) Institutional Positions Chart

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