The stock of Ingevity Corporation (NYSE:NGVT) is a huge mover today! The stock decreased 2.84% or $2.37 during the last trading session, reaching $81.03. About 109,320 shares traded. Ingevity Corporation (NYSE:NGVT) has risen 19.53% since May 22, 2017 and is uptrending. It has outperformed by 7.98% the S&P500.The move comes after 6 months negative chart setup for the $3.41B company. It was reported on May, 22 by Barchart.com. We have $78.60 PT which if reached, will make NYSE:NGVT worth $102.33 million less.
Eaton Vance Short Duration Diversified Income Fund (EVG) investors sentiment decreased to 0.58 in Q4 2017. It’s down -0.84, from 1.42 in 2017Q3. The ratio turned negative, as 11 active investment managers increased or opened new holdings, while 19 sold and reduced stock positions in Eaton Vance Short Duration Diversified Income Fund. The active investment managers in our database now have: 6.06 million shares, down from 6.22 million shares in 2017Q3. Also, the number of active investment managers holding Eaton Vance Short Duration Diversified Income Fund in top ten holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 14 Increased: 7 New Position: 4.
It closed at $13.2 lastly. It is down 4.54% since May 22, 2017 and is downtrending. It has underperformed by 16.09% the S&P500.
Sit Investment Associates Inc holds 1.24% of its portfolio in Eaton Vance Short Duration Diversified Income Fund for 3.61 million shares. National Asset Management Inc. owns 244,750 shares or 0.47% of their US portfolio. Moreover, Naples Global Advisors Llc has 0.11% invested in the company for 25,755 shares. The Colorado-based Institute For Wealth Management Llc. has invested 0.07% in the stock. Capital Investment Advisors Llc, a Georgia-based fund reported 42,056 shares.
Analysts await Ingevity Corporation (NYSE:NGVT) to report earnings on August, 1. They expect $0.98 EPS, up 25.64% or $0.20 from last year’s $0.78 per share. NGVT’s profit will be $41.25 million for 20.67 P/E if the $0.98 EPS becomes a reality. After $0.79 actual EPS reported by Ingevity Corporation for the previous quarter, Wall Street now forecasts 24.05% EPS growth.
Ingevity Corporation manufactures and sells specialty chemicals and carbon materials in the United States and internationally. The company has market cap of $3.41 billion. It operates through two divisions, Performance Materials and Performance Chemicals. It currently has negative earnings. The Performance Materials segment engineers, makes, and sells wood chemically activated carbon products used in gasoline vapor emission control systems.
Among 6 analysts covering Ingevity (NYSE:NGVT), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Ingevity had 7 analyst reports since June 1, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 29 by Loop Capital. The stock of Ingevity Corporation (NYSE:NGVT) has “Buy” rating given on Friday, June 10 by BB&T Capital. Aegis Capital initiated Ingevity Corporation (NYSE:NGVT) on Tuesday, November 22 with “Buy” rating. The firm earned “Buy” rating on Friday, April 7 by Aegis Capital. Jefferies initiated Ingevity Corporation (NYSE:NGVT) on Friday, September 23 with “Buy” rating. Buckingham Research initiated Ingevity Corporation (NYSE:NGVT) on Friday, September 23 with “Neutral” rating. The rating was initiated by Oppenheimer with “Outperform” on Wednesday, June 1.