Tide Point Capital Management LP Has Upped Delphi Automotive Plc (DLPH) Stake; Penn National Gaming Has 1.04 Sentiment

March 17, 2018 - By Henry Gaston

Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company has market cap of $2.42 billion. The firm operates through Northeast, South/West, and Midwest divisions. It has a 5.26 P/E ratio. As of December 31, 2016, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada.

Tide Point Capital Management Lp increased Delphi Automotive Plc (DLPH) stake by 100.65% reported in 2017Q3 SEC filing. Tide Point Capital Management Lp acquired 264,402 shares as Delphi Automotive Plc (DLPH)’s stock rose 13.84%. The Tide Point Capital Management Lp holds 527,102 shares with $51.87M value, up from 262,700 last quarter. Delphi Automotive Plc now has $4.28B valuation. The stock increased 1.56% or $0.74 during the last trading session, reaching $48.32. About 1.13M shares traded. Delphi Technologies PLC (NYSE:DLPH) has risen 30.43% since March 17, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Analysts await Penn National Gaming, Inc. (NASDAQ:PENN) to report earnings on April, 26. They expect $0.41 EPS, up 70.83% or $0.17 from last year’s $0.24 per share. PENN’s profit will be $37.26M for 16.26 P/E if the $0.41 EPS becomes a reality. After $-0.04 actual EPS reported by Penn National Gaming, Inc. for the previous quarter, Wall Street now forecasts -1,125.00% EPS growth.

Since January 1, 0001, it had 2 insider purchases, and 6 insider sales for $7.02 million activity.

Hg Vora Capital Management Llc holds 19.11% of its portfolio in Penn National Gaming, Inc. for 6.05 million shares. Waterfront Capital Partners Llc owns 961,131 shares or 3.19% of their US portfolio. Moreover, Rk Capital Management Llc has 2.36% invested in the company for 433,198 shares. The Massachusetts-based Bogle Investment Management L P De has invested 1.03% in the stock. Broad Run Investment Management Llc, a Virginia-based fund reported 1.20 million shares.

Ratings analysis reveals 50% of Penn Natl Gaming’s analysts are positive. Out of 4 Wall Street analysts rating Penn Natl Gaming, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $14.0 while the high is $23.0. The stock’s average target of $18.25 is -31.55% below today’s ($26.66) share price. PENN was included in 4 notes of analysts from October 28, 2016. The company was maintained on Monday, April 10 by FBR Capital. On Thursday, January 5 the stock rating was downgraded by JP Morgan to “Neutral”. Telsey Advisory maintained Penn National Gaming, Inc. (NASDAQ:PENN) rating on Friday, October 28. Telsey Advisory has “Outperform” rating and $20.0 target. The company was initiated on Friday, February 10 by SunTrust.

The stock increased 0.34% or $0.09 during the last trading session, reaching $26.66. About 2.03 million shares traded or 40.47% up from the average. Penn National Gaming, Inc. (PENN) has risen 33.06% since March 17, 2017 and is uptrending. It has outperformed by 16.36% the S&P500.

Among 26 analysts covering Delphi Automotive LLP (NYSE:DLPH), 19 have Buy rating, 0 Sell and 7 Hold. Therefore 73% are positive. Delphi Automotive LLP had 88 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Monday, January 25. The company was maintained on Tuesday, October 31 by Jefferies. UBS initiated the stock with “Hold” rating in Wednesday, December 6 report. On Thursday, February 22 the stock rating was maintained by Guggenheim with “Buy”. The firm has “Buy” rating given on Monday, November 20 by Bank of America. Deutsche Bank maintained the shares of DLPH in report on Friday, July 31 with “Buy” rating. The firm has “Buy” rating by UBS given on Friday, February 3. RBC Capital Markets maintained the stock with “Buy” rating in Monday, October 16 report. The stock has “Buy” rating by Cowen & Co on Thursday, October 26. Barclays Capital maintained it with “Overweight” rating and $114 target in Friday, October 20 report.

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: