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Becker Capital Management Cut Its Methanex (MEOH) Stake by $822,480 as Valuation Declined; Barry Investment Advisors Upped Its China Mobile Limited (CHL) Position by $331,600

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Barry Investment Advisors Llc increased its stake in China Mobile Limited (CHL) by 7.16% based on its latest 2017Q4 regulatory filing with the SEC. Barry Investment Advisors Llc bought 6,632 shares as the company’s stock declined 8.06% with the market. The institutional investor held 99,284 shares of the telecommunications equipment company at the end of 2017Q4, valued at $5.02 million, up from 92,652 at the end of the previous reported quarter. Barry Investment Advisors Llc who had been investing in China Mobile Limited for a number of months, seems to be bullish on the $187.25 billion market cap company. The stock decreased 0.19% or $0.0849 during the last trading session, reaching $45.5551. About 704,065 shares traded. China Mobile Limited (NYSE:CHL) has declined 14.69% since May 25, 2017 and is downtrending. It has underperformed by 26.24% the S&P500.

Becker Capital Management Inc decreased its stake in Methanex Corp (MEOH) by 2.53% based on its latest 2017Q4 regulatory filing with the SEC. Becker Capital Management Inc sold 13,708 shares as the company’s stock declined 0.59% with the market. The institutional investor held 528,301 shares of the major chemicals company at the end of 2017Q4, valued at $31.99 million, down from 542,009 at the end of the previous reported quarter. Becker Capital Management Inc who had been investing in Methanex Corp for a number of months, seems to be less bullish one the $5.55 billion market cap company. The stock decreased 2.21% or $1.525 during the last trading session, reaching $67.575. About 324,934 shares traded. Methanex Corporation (NASDAQ:MEOH) has risen 32.18% since May 25, 2017 and is uptrending. It has outperformed by 20.63% the S&P500.

Analysts await Methanex Corporation (NASDAQ:MEOH) to report earnings on July, 25. They expect $1.59 EPS, up 87.06% or $0.74 from last year’s $0.85 per share. MEOH’s profit will be $130.56M for 10.63 P/E if the $1.59 EPS becomes a reality. After $2.03 actual EPS reported by Methanex Corporation for the previous quarter, Wall Street now forecasts -21.67% negative EPS growth.

Becker Capital Management Inc, which manages about $3.03 billion US Long portfolio, upped its stake in Alleghany Corp (NYSE:Y) by 921 shares to 74,368 shares, valued at $44.33M in 2017Q4, according to the filing. It also increased its holding in Kroger Co (NYSE:KR) by 145,042 shares in the quarter, for a total of 1.94 million shares, and has risen its stake in Leggett & Platt Inc (NYSE:LEG).

Among 13 analysts covering Methanex Corporation (NASDAQ:MEOH), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Methanex Corporation had 77 analyst reports since July 27, 2015 according to SRatingsIntel. Alembic maintained Methanex Corporation (NASDAQ:MEOH) rating on Wednesday, January 31. Alembic has “Buy” rating and $75.0 target. Alembic maintained Methanex Corporation (NASDAQ:MEOH) on Tuesday, February 20 with “Buy” rating. The rating was downgraded by Raymond James to “Outperform” on Wednesday, August 19. The stock has “Outperform” rating by Raymond James on Monday, October 3. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, September 26. The rating was maintained by Jefferies on Thursday, August 31 with “Buy”. Raymond James downgraded Methanex Corporation (NASDAQ:MEOH) on Tuesday, October 31 to “Market Perform” rating. On Friday, July 31 the stock rating was upgraded by TD Securities to “Buy”. The rating was downgraded by IBC to “Sector Perform” on Monday, October 24. The stock has “Strong Buy” rating by Raymond James on Tuesday, May 17.

More news for Methanex Corporation (NASDAQ:MEOH) were recently published by: Seekingalpha.com, which released: “Methanex Corporation’s (MEOH) CEO John Floren on Q1 2018 Results – Earnings Call Transcript” on April 28, 2018. Streetinsider.com‘s article titled: “Methanex (MEOH) Declares $0.33 Quarterly Dividend; 2% Yield” and published on April 26, 2018 is yet another important article.

More recent China Mobile Limited (NYSE:CHL) news were published by: Seekingalpha.com which released: “China Mobile 4G Users Decline For First Time” on May 23, 2018. Also Benzinga.com published the news titled: “Jim Cramer Advises His Viewers On China Mobile, Align Technology And AbbVie” on May 25, 2018. Seekingalpha.com‘s news article titled: “Market Values Stocks Incorrectly In The Short Term – Cramer’s Mad Money (5/24/18)” with publication date: May 25, 2018 was also an interesting one.

Methanex Corporation (NASDAQ:MEOH) Ratings Chart

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