As Pacific Ethanol (PEIX) Market Valuation Declined, Candlewood Investment Group LP Cut Its Stake by $4.91 Million; Rowland & Company Investment Counsel Raised Ross Stores (ROST) Position by $263.88 Million

April 17, 2018 - By Stephen Andrade

Pacific Ethanol, Inc. (NASDAQ:PEIX) Logo

Rowland & Company Investment Counsel increased its stake in Ross Stores Inc (ROST) by 56.86% based on its latest 2017Q4 regulatory filing with the SEC. Rowland & Company Investment Counsel bought 3,275 shares as the company’s stock declined 4.38% with the market. The institutional investor held 9,035 shares of the consumer services company at the end of 2017Q4, valued at $728.00 million, up from 5,760 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Ross Stores Inc for a number of months, seems to be bullish on the $29.90 billion market cap company. The stock increased 1.79% or $1.39 during the last trading session, reaching $78.98. About 1.41M shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 17.72% since April 17, 2017 and is uptrending. It has outperformed by 6.17% the S&P500.

Candlewood Investment Group Lp decreased its stake in Pacific Ethanol Inc (PEIX) by 52.23% based on its latest 2017Q4 regulatory filing with the SEC. Candlewood Investment Group Lp sold 1.23 million shares as the company’s stock declined 27.91% with the market. The institutional investor held 1.12 million shares of the basic industries company at the end of 2017Q4, valued at $5.11 million, down from 2.35M at the end of the previous reported quarter. Candlewood Investment Group Lp who had been investing in Pacific Ethanol Inc for a number of months, seems to be less bullish one the $143.97M market cap company. The stock decreased 3.68% or $0.125 during the last trading session, reaching $3.275. About 195,834 shares traded. Pacific Ethanol, Inc. (NASDAQ:PEIX) has declined 54.41% since April 17, 2017 and is downtrending. It has underperformed by 65.96% the S&P500.

Rowland & Company Investment Counsel, which manages about $228.64 million and $255.24B US Long portfolio, decreased its stake in Brown Forman Corp Class B (NYSE:BFAM) by 100 shares to 4,899 shares, valued at $336.99M in 2017Q4, according to the filing. It also reduced its holding in Conocophillips (NYSE:COP) by 12,873 shares in the quarter, leaving it with 57,355 shares, and cut its stake in Mimedx Group Inc (NASDAQ:MDXG).

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.05, from 1.04 in 2017Q3. It is negative, as 39 investors sold ROST shares while 237 reduced holdings. 106 funds opened positions while 166 raised stakes. 329.97 million shares or 2.79% less from 339.45 million shares in 2017Q3 were reported. Moreover, Norinchukin Financial Bank The has 0.04% invested in Ross Stores, Inc. (NASDAQ:ROST) for 30,830 shares. Nomura Inc reported 0% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). 14,380 are owned by Daiwa Secs Grp Incorporated. Everence invested 0.11% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Fuller Thaler Asset Mngmt Inc accumulated 35,570 shares. Morgan Stanley stated it has 2.46 million shares. Foster & Motley accumulated 0.19% or 14,940 shares. Avalon Advsr Limited Com invested 0.28% in Ross Stores, Inc. (NASDAQ:ROST). 851,063 are held by Rhumbline Advisers. Rampart Inv Mgmt Co Ltd Co holds 5,280 shares or 0.16% of its portfolio. Iowa-based Btc Capital Mgmt Inc has invested 0.7% in Ross Stores, Inc. (NASDAQ:ROST). Virtus Inv Advisers Inc has 0.07% invested in Ross Stores, Inc. (NASDAQ:ROST). The United Kingdom-based Old Mutual (Uk) has invested 2.09% in Ross Stores, Inc. (NASDAQ:ROST). Deutsche Bancorp Ag holds 0.04% or 690,917 shares. Reilly Financial Advisors Ltd reported 0.25% in Ross Stores, Inc. (NASDAQ:ROST).

Among 29 analysts covering Ross Stores Inc. (NASDAQ:ROST), 20 have Buy rating, 1 Sell and 8 Hold. Therefore 69% are positive. Ross Stores Inc. had 83 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Outperform” rating by Wells Fargo on Thursday, October 22. The firm earned “Sector Perform” rating on Friday, November 6 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Monday, September 18. Wedbush maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Friday, November 18. Wedbush has “Outperform” rating and $71 target. As per Wednesday, March 7, the company rating was maintained by Jefferies. Wedbush maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Friday, August 19. Wedbush has “Outperform” rating and $67 target. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Neutral” rating by Buckingham Research on Friday, November 17. Wedbush maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Friday, November 20. Wedbush has “Outperform” rating and $61 target. Citigroup downgraded the stock to “Neutral” rating in Wednesday, March 1 report. J.P. Morgan upgraded the shares of ROST in report on Monday, September 25 to “Buy” rating.

Since March 12, 2018, it had 0 buys, and 14 insider sales for $23.14 million activity. FASSIO JAMES S sold $3.09M worth of stock or 40,000 shares. RENTLER BARBARA sold 15,000 shares worth $1.17 million. Shares for $2.00M were sold by GARRETT SHARON D. Panattoni Lisa R sold 12,471 shares worth $991,139. 25,689 Ross Stores, Inc. (NASDAQ:ROST) shares with value of $1.97M were sold by BALMUTH MICHAEL. Shares for $258,591 were sold by Hartshorn Michael J..

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.23, from 1.27 in 2017Q3. It dropped, as 18 investors sold PEIX shares while 30 reduced holdings. 16 funds opened positions while 34 raised stakes. 33.06 million shares or 3.83% less from 34.38 million shares in 2017Q3 were reported. Schwab Charles Invest Mgmt has invested 0% of its portfolio in Pacific Ethanol, Inc. (NASDAQ:PEIX). Wells Fargo Com Mn has invested 0% in Pacific Ethanol, Inc. (NASDAQ:PEIX). Highbridge Cap Mngmt Ltd Liability holds 0.01% of its portfolio in Pacific Ethanol, Inc. (NASDAQ:PEIX) for 122,333 shares. Bancorporation Of Montreal Can reported 0% of its portfolio in Pacific Ethanol, Inc. (NASDAQ:PEIX). Royal Bancorp Of Canada reported 112 shares or 0% of all its holdings. Qs Investors Ltd Com has invested 0% in Pacific Ethanol, Inc. (NASDAQ:PEIX). Ajo Limited Partnership owns 215,559 shares. Ameriprise reported 286,715 shares. Trexquant Inv Ltd Partnership invested in 0.03% or 60,629 shares. 1 are owned by Washington Trust Bancorp. Art Advsr Lc invested in 19,199 shares. Shufro Rose Lc holds 0% or 10,000 shares. Legal & General Gp Public Limited Company holds 0% or 8,673 shares in its portfolio. Boston Ptnrs invested in 914,830 shares or 0% of the stock. Cornerstone Mgmt Ltd Liability holds 286,195 shares.

Analysts await Pacific Ethanol, Inc. (NASDAQ:PEIX) to report earnings on May, 8. They expect $-0.28 EPS, up 9.68% or $0.03 from last year’s $-0.31 per share. After $-0.32 actual EPS reported by Pacific Ethanol, Inc. for the previous quarter, Wall Street now forecasts -12.50% EPS growth.

Among 7 analysts covering Pacific Ethanol (NASDAQ:PEIX), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pacific Ethanol had 13 analyst reports since October 8, 2015 according to SRatingsIntel. The stock of Pacific Ethanol, Inc. (NASDAQ:PEIX) has “Buy” rating given on Friday, August 4 by H.C. Wainwright. Cowen & Co maintained Pacific Ethanol, Inc. (NASDAQ:PEIX) on Friday, July 28 with “Buy” rating. The company was maintained on Wednesday, June 28 by H.C. Wainwright. Roth Capital maintained Pacific Ethanol, Inc. (NASDAQ:PEIX) rating on Thursday, September 28. Roth Capital has “Buy” rating and $8.0 target. Rodman & Reshaw initiated the shares of PEIX in report on Tuesday, May 24 with “Buy” rating. The stock of Pacific Ethanol, Inc. (NASDAQ:PEIX) has “Buy” rating given on Monday, March 14 by Roth Capital. The stock has “Buy” rating by Roth Capital on Friday, November 3. The stock of Pacific Ethanol, Inc. (NASDAQ:PEIX) has “Buy” rating given on Friday, July 28 by Roth Capital.

Pacific Ethanol, Inc. (NASDAQ:PEIX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: