Ngam Advisors LP Position in Rpc (RES) Has Cut by $1.39 Million as Market Valuation Declined; Bahl & Gaynor Position in Evercore (EVR) Has Lowered as Share Price Declined

April 22, 2018 - By Michael Leger

Evercore Inc. (NYSE:EVR) Logo

Bahl & Gaynor Inc decreased its stake in Evercore Inc. (EVR) by 2.83% based on its latest 2017Q4 regulatory filing with the SEC. Bahl & Gaynor Inc sold 5,286 shares as the company’s stock declined 9.16% with the market. The institutional investor held 181,253 shares of the investment managers company at the end of 2017Q4, valued at $16.31M, down from 186,539 at the end of the previous reported quarter. Bahl & Gaynor Inc who had been investing in Evercore Inc. for a number of months, seems to be less bullish one the $4.14 billion market cap company. The stock decreased 0.53% or $0.5 during the last trading session, reaching $93.7. About 253,819 shares traded. Evercore Inc. (NYSE:EVR) has risen 10.25% since April 22, 2017 and is uptrending. It has underperformed by 1.30% the S&P500.

Ngam Advisors Lp decreased its stake in Rpc Inc (RES) by 62.33% based on its latest 2017Q4 regulatory filing with the SEC. Ngam Advisors Lp sold 55,591 shares as the company’s stock declined 32.07% with the market. The institutional investor held 33,598 shares of the energy company at the end of 2017Q4, valued at $858,000, down from 89,189 at the end of the previous reported quarter. Ngam Advisors Lp who had been investing in Rpc Inc for a number of months, seems to be less bullish one the $4.14 billion market cap company. The stock decreased 0.31% or $0.06 during the last trading session, reaching $19.2. About 1.58 million shares traded. RPC, Inc. (NYSE:RES) has risen 5.99% since April 22, 2017 and is uptrending. It has underperformed by 5.56% the S&P500.

Among 24 analysts covering RPC (NYSE:RES), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. RPC had 88 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of RPC, Inc. (NYSE:RES) has “Outperform” rating given on Thursday, January 26 by Credit Suisse. The company was upgraded on Wednesday, January 6 by FBR Capital. Nomura upgraded the stock to “Buy” rating in Tuesday, January 17 report. SunTrust maintained the shares of RES in report on Monday, April 16 with “Buy” rating. The stock of RPC, Inc. (NYSE:RES) has “Buy” rating given on Monday, January 29 by Guggenheim. The rating was upgraded by Wells Fargo to “Outperform” on Monday, January 11. Piper Jaffray maintained it with “Hold” rating and $22.5 target in Wednesday, January 24 report. The rating was maintained by Cowen & Co on Thursday, January 25 with “Hold”. Jefferies maintained it with “Hold” rating and $25.0 target in Thursday, October 26 report. Seaport Global Securities upgraded the shares of RES in report on Tuesday, October 4 to “Neutral” rating.

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.29, from 0.94 in 2017Q3. It increased, as 19 investors sold RES shares while 73 reduced holdings. 49 funds opened positions while 64 raised stakes. 75.74 million shares or 6.39% less from 80.91 million shares in 2017Q3 were reported. Deutsche Bancorp Ag reported 0.02% of its portfolio in RPC, Inc. (NYSE:RES). Gideon Capital reported 8,824 shares. Hanson Mcclain owns 1,125 shares. Geode Cap Llc owns 496,298 shares. 404,423 are owned by Price T Rowe Associates Md. Tudor Et Al stated it has 35,467 shares or 0.02% of all its holdings. 96,300 were accumulated by Quantitative Investment Mgmt Limited Liability Corporation. Principal Fincl Gru holds 0% of its portfolio in RPC, Inc. (NYSE:RES) for 13,277 shares. Lpl Fincl Ltd holds 0% in RPC, Inc. (NYSE:RES) or 8,804 shares. Parkside Fincl Bankshares holds 0.01% or 852 shares. Laurion LP has invested 0% in RPC, Inc. (NYSE:RES). Macquarie Grp Inc holds 0% of its portfolio in RPC, Inc. (NYSE:RES) for 59,800 shares. Millennium Mngmt Limited Liability reported 596,027 shares. Credit Suisse Ag holds 0% of its portfolio in RPC, Inc. (NYSE:RES) for 79,435 shares. Moreover, Invesco has 0% invested in RPC, Inc. (NYSE:RES) for 284,115 shares.

Analysts await RPC, Inc. (NYSE:RES) to report earnings on April, 25 before the open. They expect $0.29 earnings per share, up 2,800.00% or $0.28 from last year’s $0.01 per share. RES’s profit will be $62.56 million for 16.55 P/E if the $0.29 EPS becomes a reality. After $0.18 actual earnings per share reported by RPC, Inc. for the previous quarter, Wall Street now forecasts 61.11% EPS growth.

Ngam Advisors Lp, which manages about $16.78B and $9.82 billion US Long portfolio, upped its stake in Equifax Inc (NYSE:EFX) by 15,212 shares to 41,408 shares, valued at $4.88M in 2017Q4, according to the filing. It also increased its holding in Badger Meter Inc (NYSE:BMI) by 6,794 shares in the quarter, for a total of 145,022 shares, and has risen its stake in Fastenal Co (NASDAQ:FAST).

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It improved, as 18 investors sold EVR shares while 110 reduced holdings. 42 funds opened positions while 90 raised stakes. 36.53 million shares or 1.84% more from 35.87 million shares in 2017Q3 were reported. Ls Advsr Lc reported 2,488 shares or 0.01% of all its holdings. Pennsylvania-based Brandywine Investment Mngmt Ltd Liability Co has invested 0.07% in Evercore Inc. (NYSE:EVR). Rhumbline Advisers accumulated 93,273 shares or 0.02% of the stock. Mason Street Advsrs has 0.02% invested in Evercore Inc. (NYSE:EVR). State Street reported 1.02M shares. 17,700 were accumulated by Strs Ohio. Dimensional Fund Advsr LP stated it has 0.04% in Evercore Inc. (NYSE:EVR). Kennedy Cap has invested 0.13% in Evercore Inc. (NYSE:EVR). 470,946 were accumulated by Geode Cap Mgmt Limited. Goldman Sachs Grp Inc Inc owns 610,722 shares for 0.01% of their portfolio. Ahl Limited Liability Partnership has 0.2% invested in Evercore Inc. (NYSE:EVR). Orrstown Serv reported 553 shares or 0.06% of all its holdings. Putnam Invests Ltd Liability has invested 0.01% in Evercore Inc. (NYSE:EVR). Ftb Advsrs holds 0% or 210 shares in its portfolio. Mutual Of America Limited Co invested 0% of its portfolio in Evercore Inc. (NYSE:EVR).

Among 11 analysts covering Evercore Partners (NYSE:EVR), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Evercore Partners had 29 analyst reports since September 8, 2015 according to SRatingsIntel. The firm has “Hold” rating by Craig Hallum given on Wednesday, March 16. The rating was upgraded by Bank of America on Thursday, February 16 to “Buy”. The firm has “Neutral” rating given on Thursday, February 4 by UBS. The stock of Evercore Inc. (NYSE:EVR) earned “Buy” rating by UBS on Tuesday, January 9. The firm has “Buy” rating by Sandler O’Neill given on Wednesday, January 31. The rating was upgraded by Goldman Sachs on Tuesday, January 12 to “Conviction Buy”. As per Monday, February 13, the company rating was downgraded by Instinet. The rating was initiated by Keefe Bruyette & Woods on Monday, March 27 with “Mkt Perform”. The stock has “Neutral” rating by Nomura on Friday, November 3. The firm earned “Positive” rating on Monday, October 12 by Susquehanna.

Analysts await Evercore Inc. (NYSE:EVR) to report earnings on April, 25. They expect $1.65 EPS, up 46.02% or $0.52 from last year’s $1.13 per share. EVR’s profit will be $72.81M for 14.20 P/E if the $1.65 EPS becomes a reality. After $1.55 actual EPS reported by Evercore Inc. for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Evercore Inc. (NYSE:EVR) 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: