Analysts See $49.47 EPS for Fairfax Financial Holdings Limited (FFH); Peak6 Investments LP Has Cut By $508,495 Its Prosperity Bancshares (PB) Stake

January 14, 2018 - By Ellis Scott

Peak6 Investments Lp decreased Prosperity Bancshares Inc (PB) stake by 85.97% reported in 2017Q3 SEC filing. Peak6 Investments Lp sold 7,823 shares as Prosperity Bancshares Inc (PB)’s stock declined 14.12%. The Peak6 Investments Lp holds 1,277 shares with $84,000 value, down from 9,100 last quarter. Prosperity Bancshares Inc now has $5.21B valuation. The stock increased 0.85% or $0.63 during the last trading session, reaching $74.98. About 554,595 shares traded or 29.61% up from the average. Prosperity Bancshares, Inc. (NYSE:PB) has risen 27.06% since January 14, 2017 and is uptrending. It has outperformed by 10.36% the S&P500.

Analysts expect Fairfax Financial Holdings Limited (TSE:FFH) to report $49.47 EPS on February, 15.They anticipate $90.55 EPS change or 220.42% from last quarter’s $-41.08 EPS. T_FFH’s profit would be $1.46 billion giving it 3.32 P/E if the $49.47 EPS is correct. After having $20.60 EPS previously, Fairfax Financial Holdings Limited’s analysts see 140.15% EPS growth. The stock decreased 0.57% or $3.79 during the last trading session, reaching $656.93. About 48,687 shares traded or 23.34% up from the average. Fairfax Financial Holdings Limited (TSE:FFH) has 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 2 analysts covering Fairfax Financial Holdings Limited (TSE:FFH), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Fairfax Financial Holdings Limited had 14 analyst reports since February 22, 2016 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $755 target in Tuesday, December 20 report. As per Tuesday, June 27, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Friday, April 29 with “Outperform”.

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company has market cap of $19.38 billion. It operates through Insurance and Reinsurance, Runoff, and Other divisions. It has a 127.34 P/E ratio. The firm also underwrites specialty insurance and reinsurance; develops, produces, markets, and distributes television programs; and owns and operates premium dining restaurants and holiday resorts.

Peak6 Investments Lp increased Madison Square Garden Co New (Put) stake by 12,600 shares to 26,600 valued at $5.70M in 2017Q3. It also upped Albemarle Corp (Call) (NYSE:ALB) stake by 249,700 shares and now owns 253,200 shares. Celanese Corp Del (Put) (NYSE:CE) was raised too.

Analysts await Prosperity Bancshares, Inc. (NYSE:PB) to report earnings on January, 24. They expect $1.00 EPS, up 1.01% or $0.01 from last year’s $0.99 per share. PB’s profit will be $69.49 million for 18.75 P/E if the $1.00 EPS becomes a reality. After $0.98 actual EPS reported by Prosperity Bancshares, Inc. for the previous quarter, Wall Street now forecasts 2.04% EPS growth.

Among 19 analysts covering Prosperity Bancshares (NYSE:PB), 4 have Buy rating, 5 Sell and 10 Hold. Therefore 21% are positive. Prosperity Bancshares had 50 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Evercore on Thursday, June 9 to “Buy”. On Wednesday, June 29 the stock rating was upgraded by Hovde Group to “Outperform”. The stock of Prosperity Bancshares, Inc. (NYSE:PB) earned “Mkt Perform” rating by FBR Capital on Thursday, January 26. The stock has “Mkt Perform” rating by Raymond James on Thursday, April 6. The stock of Prosperity Bancshares, Inc. (NYSE:PB) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. FBR Capital reinitiated the stock with “Outperform” rating in Tuesday, October 11 report. The company was maintained on Monday, January 8 by SunTrust. Keefe Bruyette & Woods upgraded Prosperity Bancshares, Inc. (NYSE:PB) on Thursday, January 28 to “Outperform” rating. On Wednesday, January 10 the stock rating was maintained by Robert W. Baird with “Hold”. The company was maintained on Tuesday, January 2 by Barclays Capital.

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By1 Ellis Scott

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