Market News

Strategic Global Advisors Has Cut Its Brunswick (BC) Position by $322,135 as Shares Rose; Energen (Call) (EGN) Holder Barclays Plc Has Decreased Holding as Share Price Rose

Energen Corporation (NYSE:EGN) Logo

Strategic Global Advisors Llc decreased its stake in Brunswick Corp (BC) by 11.58% based on its latest 2017Q4 regulatory filing with the SEC. Strategic Global Advisors Llc sold 5,857 shares as the company’s stock rose 4.93% while stock markets declined. The institutional investor held 44,714 shares of the industrial machinery and components company at the end of 2017Q4, valued at $2.47 million, down from 50,571 at the end of the previous reported quarter. Strategic Global Advisors Llc who had been investing in Brunswick Corp for a number of months, seems to be less bullish one the $5.45 billion market cap company. The stock decreased 0.24% or $0.15 during the last trading session, reaching $62.49. About 578,884 shares traded. Brunswick Corporation (NYSE:BC) has declined 3.37% since May 19, 2017 and is downtrending. It has underperformed by 14.92% the S&P500.

Barclays Plc decreased its stake in Energen Corp (Call) (EGN) by 90.71% based on its latest 2017Q4 regulatory filing with the SEC. Barclays Plc sold 83,000 shares as the company’s stock rose 0.95% while stock markets declined. The institutional investor held 8,500 shares of the oil & gas production company at the end of 2017Q4, valued at $489,000, down from 91,500 at the end of the previous reported quarter. Barclays Plc who had been investing in Energen Corp (Call) for a number of months, seems to be less bullish one the $6.56 billion market cap company. The stock decreased 1.46% or $1 during the last trading session, reaching $67.37. About 917,472 shares traded. Energen Corporation (NYSE:EGN) has risen 13.76% since May 19, 2017 and is uptrending. It has outperformed by 2.21% the S&P500.

Barclays Plc, which manages about $122.49B US Long portfolio, upped its stake in Cintas Corp (NASDAQ:CTAS) by 99,391 shares to 103,991 shares, valued at $16.20 million in 2017Q4, according to the filing. It also increased its holding in Signature Bk New York N Y (NASDAQ:SBNY) by 22,321 shares in the quarter, for a total of 159,736 shares, and has risen its stake in Carrizo Oil &Amp Gas Inc (Call) (NASDAQ:CRZO).

Investors sentiment decreased to 0.96 in Q4 2017. Its down 0.06, from 1.02 in 2017Q3. It turned negative, as 39 investors sold EGN shares while 84 reduced holdings. 43 funds opened positions while 75 raised stakes. 86.41 million shares or 3.32% less from 89.38 million shares in 2017Q3 were reported. Quinn Opportunity Prns Ltd Liability Corp has invested 0.1% of its portfolio in Energen Corporation (NYSE:EGN). Welch Grp Limited Liability has invested 0.32% of its portfolio in Energen Corporation (NYSE:EGN). Schwab Charles Inv Mngmt Inc reported 0.02% of its portfolio in Energen Corporation (NYSE:EGN). Advantus Mngmt Incorporated has invested 0.02% in Energen Corporation (NYSE:EGN). Tower Research Cap Ltd Liability Corporation (Trc), a New York-based fund reported 237 shares. Asset Mngmt has 0.01% invested in Energen Corporation (NYSE:EGN). Hightower Ltd Liability accumulated 0% or 5,360 shares. Corvex Management Limited Partnership has 9.71 million shares. Ftb Advsrs invested 0% of its portfolio in Energen Corporation (NYSE:EGN). Stevens Cap Mgmt Limited Partnership holds 0.03% or 12,281 shares in its portfolio. Integral Derivatives has 5,269 shares for 0.01% of their portfolio. Balyasny Asset Mgmt Ltd Llc stated it has 0.02% in Energen Corporation (NYSE:EGN). Adams Natural Fund holds 34,200 shares. Fenimore Asset Mngmt reported 4,941 shares. Raymond James Assoc holds 199,143 shares or 0.02% of its portfolio.

Analysts await Energen Corporation (NYSE:EGN) to report earnings on August, 14. They expect $0.79 earnings per share, up 1,216.67% or $0.73 from last year’s $0.06 per share. EGN’s profit will be $76.97M for 21.32 P/E if the $0.79 EPS becomes a reality. After $0.81 actual earnings per share reported by Energen Corporation for the previous quarter, Wall Street now forecasts -2.47% negative EPS growth.

Among 39 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 10 Hold. Therefore 69% are positive. Energen Corporation had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, February 20 by Williams Capital Group. As per Tuesday, December 15, the company rating was initiated by UBS. Suntrust Robinson maintained it with “Buy” rating and $30 target in Tuesday, February 16 report. Morgan Stanley maintained the shares of EGN in report on Wednesday, February 7 with “Overweight” rating. SunTrust maintained Energen Corporation (NYSE:EGN) rating on Thursday, September 28. SunTrust has “Buy” rating and $70.0 target. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The company was maintained on Thursday, October 13 by Nomura. The stock has “Buy” rating by Williams Capital Group on Tuesday, August 8. The firm has “Buy” rating given on Monday, January 29 by Stifel Nicolaus. The stock of Energen Corporation (NYSE:EGN) earned “Hold” rating by RBC Capital Markets on Thursday, July 20.

More recent Energen Corporation (NYSE:EGN) news were published by: Streetinsider.com which released: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” on May 15, 2018. Also Seekingalpha.com published the news titled: “US Shale: NAV Analysis Of Permian Basin – Midland Basin E&Ps” on May 02, 2018. Seekingalpha.com‘s news article titled: “Energen (EGN) Q1 2018 Results – Earnings Call Transcript” with publication date: May 08, 2018 was also an interesting one.

Since March 9, 2018, it had 1 buying transaction, and 2 sales for $476,273 activity. COHEN JONATHAN Z bought $1.00 million worth of stock or 17,500 shares. Godsey David A sold 6,000 shares worth $346,620.

More news for Brunswick Corporation (NYSE:BC) were recently published by: Globenewswire.com, which released: “Mercury Marine introduces Verado®, FourStroke and Pro XS® V-8 and V-6 models from 175-300hp” on May 18, 2018. Streetinsider.com‘s article titled: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” and published on May 15, 2018 is yet another important article.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.18, from 1.18 in 2017Q3. It turned negative, as 32 investors sold BC shares while 112 reduced holdings. 46 funds opened positions while 98 raised stakes. 79.48 million shares or 0.47% less from 79.86 million shares in 2017Q3 were reported. Hbk Invests LP holds 0.07% of its portfolio in Brunswick Corporation (NYSE:BC) for 129,009 shares. Gsa Capital Prns Ltd Liability Partnership stated it has 0.16% of its portfolio in Brunswick Corporation (NYSE:BC). Brandywine Glob Inv Mgmt Limited Liability Company holds 303,318 shares or 0.1% of its portfolio. Macquarie Group invested in 57 shares or 0% of the stock. Jpmorgan Chase And holds 0.04% or 3.26M shares. Livforsakringsbolaget Skandia Omsesidigt invested 0.24% in Brunswick Corporation (NYSE:BC). Parallax Volatility Advisers Limited Partnership holds 1,047 shares or 0% of its portfolio. Meeder Asset Inc accumulated 284 shares. Putnam Invs Limited Liability Company reported 0.07% in Brunswick Corporation (NYSE:BC). Moors Cabot reported 0.03% of its portfolio in Brunswick Corporation (NYSE:BC). Signaturefd Ltd Liability Company, a Georgia-based fund reported 6,074 shares. Art Advsr Ltd Co holds 45,100 shares or 0.11% of its portfolio. Ajo Lp accumulated 0.18% or 761,202 shares. Legal And General Gp Public Limited Company accumulated 108,654 shares. Jacobs Levy Equity Management Inc has invested 0.29% in Brunswick Corporation (NYSE:BC).

Among 18 analysts covering Brunswick (NYSE:BC), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Brunswick had 72 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Brunswick Corporation (NYSE:BC) earned “Overweight” rating by KeyBanc Capital Markets on Friday, February 2. The rating was maintained by SunTrust with “Buy” on Thursday, January 25. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 30. Robert W. Baird maintained the shares of BC in report on Thursday, February 1 with “Buy” rating. The company was maintained on Friday, March 2 by Robert W. Baird. The rating was maintained by Robert W. Baird on Thursday, October 26 with “Buy”. As per Thursday, April 26, the company rating was maintained by FBR Capital. The firm has “Outperform” rating given on Tuesday, September 27 by Imperial Capital. The stock has “Buy” rating by FBR Capital on Tuesday, February 20. Forward View Consulting maintained the shares of BC in report on Sunday, July 30 with “Hold” rating.

Since December 15, 2017, it had 0 insider buys, and 2 selling transactions for $390,150 activity. 3,780 Brunswick Corporation (NYSE:BC) shares with value of $207,756 were sold by Pfeifer John C.

Analysts await Brunswick Corporation (NYSE:BC) to report earnings on July, 26. They expect $1.55 EPS, up 14.81% or $0.20 from last year’s $1.35 per share. BC’s profit will be $135.11M for 10.08 P/E if the $1.55 EPS becomes a reality. After $1.01 actual EPS reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts 53.47% EPS growth.

Brunswick Corporation (NYSE:BC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *