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Edgepoint Investment Group Decreased Its Te Connectivity LTD (TEL) Position; Celanese (CE) Sentiment Is 1.05

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Edgepoint Investment Group Inc decreased Te Connectivity Ltd (TEL) stake by 0.21% reported in 2017Q4 SEC filing. Edgepoint Investment Group Inc sold 9,244 shares as Te Connectivity Ltd (TEL)’s stock rose 3.00%. The Edgepoint Investment Group Inc holds 4.40 million shares with $417.74 million value, down from 4.40 million last quarter. Te Connectivity Ltd now has $33.32B valuation. The stock decreased 0.28% or $0.27 during the last trading session, reaching $95.16. About 2.62M shares traded or 62.32% up from the average. TE Connectivity Ltd. (NYSE:TEL) has risen 31.35% since May 20, 2017 and is uptrending. It has outperformed by 19.80% the S&P500.

Celanese Corp (CE) investors sentiment increased to 1.05 in 2017 Q4. It’s up 0.14, from 0.91 in 2017Q3. The ratio is more positive, as 180 hedge funds started new or increased stock positions, while 171 sold and reduced stakes in Celanese Corp. The hedge funds in our database now possess: 125.13 million shares, down from 126.78 million shares in 2017Q3. Also, the number of hedge funds holding Celanese Corp in top ten stock positions decreased from 10 to 8 for a decrease of 2. Sold All: 29 Reduced: 142 Increased: 126 New Position: 54.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on July, 23. They expect $2.30 earnings per share, up 28.49% or $0.51 from last year’s $1.79 per share. CE’s profit will be $312.47 million for 12.40 P/E if the $2.30 EPS becomes a reality. After $2.79 actual earnings per share reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -17.56% negative EPS growth.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.50 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 18.71 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

Ratings analysis reveals 83% of Celanese’s analysts are positive. Out of 6 Wall Street analysts rating Celanese, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $80.0 while the high is $105.0. The stock’s average target of $93.25 is -18.25% below today’s ($114.07) share price. CE was included in 6 notes of analysts from September 7, 2016. Robert W. Baird initiated Celanese Corporation (NYSE:CE) rating on Friday, February 17. Robert W. Baird has “Outperform” rating and $105.0 target. The firm earned “Outperform” rating on Thursday, December 1 by Cowen & Co. The stock of Celanese Corporation (NYSE:CE) earned “Overweight” rating by KeyBanc Capital Markets on Friday, October 7. The stock has “Neutral” rating by Citigroup on Wednesday, September 7. RBC Capital Markets upgraded it to “Outperform” rating and $100.0 target in Tuesday, December 13 report. The stock of Celanese Corporation (NYSE:CE) has “Buy” rating given on Wednesday, November 30 by Goldman Sachs.

The stock increased 0.15% or $0.17 during the last trading session, reaching $114.07. About 866,213 shares traded. Celanese Corporation (CE) has risen 9.78% since May 20, 2017 and is uptrending. It has underperformed by 1.77% the S&P500.

More important recent Celanese Corporation (NYSE:CE) news were published by: Businesswire.com which released: “Celanese Announces Emulsion Polymers and Acetyls Product Price Increases” on May 18, 2018, also Seekingalpha.com published article titled: “Celanese weakness presents buying opportunity, Goldman analyst says”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 17, 2018” on May 17, 2018. More interesting news about Celanese Corporation (NYSE:CE) was released by: Streetinsider.com and their article: “Celanese Corp. (CE) Outlines 2020 Growth Strategy, Capital Deployment Plans” with publication date: May 01, 2018.

Gmt Capital Corp holds 8.62% of its portfolio in Celanese Corporation for 3.95 million shares. Covey Capital Advisors Llc owns 30,402 shares or 4.3% of their US portfolio. Moreover, Lyrical Asset Management Lp has 4.05% invested in the company for 3.09 million shares. The Pennsylvania-based Muhlenkamp & Co Inc has invested 3.48% in the stock. Sir Capital Management L.P., a New York-based fund reported 146,582 shares.

Among 13 analysts covering TE Connectivity (NYSE:TEL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. TE Connectivity had 49 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 9 by Cowen & Co. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The company was downgraded on Monday, May 9 by Goldman Sachs. As per Thursday, October 12, the company rating was maintained by RBC Capital Markets. On Thursday, January 25 the stock rating was maintained by SunTrust with “Hold”. The rating was maintained by Cowen & Co with “Buy” on Friday, September 15. The firm has “Buy” rating by Citigroup given on Thursday, November 2. Goldman Sachs upgraded TE Connectivity Ltd. (NYSE:TEL) on Wednesday, April 18 to “Neutral” rating. On Thursday, July 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Monday, March 26, the company rating was initiated by Oppenheimer.

Analysts await TE Connectivity Ltd. (NYSE:TEL) to report earnings on July, 25. They expect $1.37 earnings per share, up 10.48% or $0.13 from last year’s $1.24 per share. TEL’s profit will be $479.69 million for 17.36 P/E if the $1.37 EPS becomes a reality. After $1.42 actual earnings per share reported by TE Connectivity Ltd. for the previous quarter, Wall Street now forecasts -3.52% negative EPS growth.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.02, from 1 in 2017Q3. It improved, as 34 investors sold TEL shares while 210 reduced holdings. 83 funds opened positions while 167 raised stakes. 303.06 million shares or 2.83% less from 311.89 million shares in 2017Q3 were reported. Boston Prns, Massachusetts-based fund reported 12.75 million shares. Bnp Paribas Asset Hldgs Sa owns 341,081 shares or 0.28% of their US portfolio. Clark Cap Mgmt Group Incorporated Incorporated holds 1.32% or 455,605 shares in its portfolio. Mitsubishi Ufj Tru And Banking reported 0.12% in TE Connectivity Ltd. (NYSE:TEL). Amundi Pioneer Asset Mngmt reported 450,736 shares. 19,399 were accumulated by Raymond James Na. Bryn Mawr Company holds 0.05% or 9,138 shares in its portfolio. Comml Bank Of Ny Mellon accumulated 2.33 million shares or 0.06% of the stock. Advisors Asset Mngmt has invested 0% in TE Connectivity Ltd. (NYSE:TEL). Goelzer Investment holds 80,181 shares or 0.86% of its portfolio. Stephens Incorporated Ar reported 29,290 shares. Cubic Asset Mgmt Llc holds 57,577 shares. Robeco Institutional Asset Mgmt Bv invested in 0.63% or 1.28 million shares. 58,898 were reported by Lipe Dalton. 123,549 are owned by Automobile Association.

Edgepoint Investment Group Inc increased Csx Corp. (NYSE:CSX) stake by 973,982 shares to 8.07M valued at $443.69M in 2017Q4. It also upped Flowserve Corp (NYSE:FLS) stake by 4.70 million shares and now owns 13.54 million shares. Microsemi Corp (NASDAQ:MSCC) was raised too.

Since January 29, 2018, it had 0 buys, and 5 selling transactions for $35.35 million activity. MERKT STEVEN T sold $1.10 million worth of stock. LYNCH THOMAS J sold $7.73M worth of TE Connectivity Ltd. (NYSE:TEL) on Thursday, March 1. Another trade for 36,550 shares valued at $3.78M was sold by Jenkins John S. CURTIN TERRENCE R had sold 142,450 shares worth $14.85 million.

Celanese Corporation (NYSE:CE) Institutional Positions Chart

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