Cardinal Capital Management Has Trimmed Sun Life Financial (SLF) Holding By $489,294; Profile of 4 Analysts Covering Chimera Investment (CIM)

June 24, 2018 - By Steve Bissell

Sun Life Financial Inc. (NYSE:SLF) Logo

Among 10 analysts covering Chimera Investment (NYSE:CIM), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Chimera Investment had 20 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Tuesday, August 9 with “Hold”. The rating was downgraded by Wells Fargo to “Market Perform” on Friday, January 15. Wood maintained it with “Market Perform” rating and $15.50 target in Tuesday, August 9 report. The company was downgraded on Monday, January 18 by Wells Fargo. The firm has “Hold” rating by Deutsche Bank given on Thursday, August 3. The firm has “Equal-Weight” rating given on Tuesday, October 10 by Barclays Capital. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 12 report. The stock of Chimera Investment Corporation (NYSE:CIM) has “Hold” rating given on Friday, August 14 by Wood. As per Wednesday, August 12, the company rating was downgraded by Zacks. The firm has “Hold” rating given on Thursday, February 15 by Keefe Bruyette & Woods. See Chimera Investment Corporation (NYSE:CIM) latest ratings:

15/06/2018 Broker: RBC Capital Markets Rating: Outperform New Target: $20 Initiates Coverage On
15/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $18.0 Maintain
25/01/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade

Cardinal Capital Management Inc decreased Sun Life Financial Inc. (SLF) stake by 0.88% reported in 2018Q1 SEC filing. Cardinal Capital Management Inc sold 11,934 shares as Sun Life Financial Inc. (SLF)’s stock declined 0.82%. The Cardinal Capital Management Inc holds 1.35M shares with $55.21 million value, down from 1.36M last quarter. Sun Life Financial Inc. now has $25.25 billion valuation. The stock increased 0.42% or $0.17 during the last trading session, reaching $40.91. About 209,725 shares traded. Sun Life Financial Inc. (NYSE:SLF) has risen 28.61% since June 24, 2017 and is uptrending. It has outperformed by 16.04% the S&P500. Some Historical SLF News: 30/05/2018 – Moody’s Upgrades The Holding Company Preferred Share Rating Of Sun Life Financial Following A Change In Methodology; 02/04/2018 – PBOC SAYS 1-MONTH SLF OFFERED AT 3.9%; 03/05/2018 – Sun Life Financial Short-Interest Ratio Rises 112% to 14 Days; 08/03/2018 – Fitch Affirms Sun Life Financial’s Ratings; Outlook Remains Positive; 08/03/2018 – FITCH AFFIRMS SUN LIFE FINANCIAL’S RATINGS; OUTLOOK POSITIVE; 02/04/2018 – PBOC SAYS 7-DAY SLF OFFERED AT 3.55%; 23/03/2018 – Sun Life Financial Closes Below 50-Day Average: Technicals; 19/04/2018 – Sun Life Building Makes History on Its 100th Anniversary Earning the First Ever BOMA BEST Platinum Certification for a; 09/05/2018 – TABLE-Sun-Life 4656.T -2017/18 group results; 08/05/2018 – SUN LIFE FINANCIAL INC – QTRLY UNDERLYING EPS $1.26

Analysts await Sun Life Financial Inc. (NYSE:SLF) to report earnings on August, 8. They expect $0.89 earnings per share, up 7.23% or $0.06 from last year’s $0.83 per share. SLF’s profit will be $549.34M for 11.49 P/E if the $0.89 EPS becomes a reality. After $1.00 actual earnings per share reported by Sun Life Financial Inc. for the previous quarter, Wall Street now forecasts -11.00% negative EPS growth.

Cardinal Capital Management Inc increased Canadian National Railway Co. (NYSE:CNI) stake by 45,317 shares to 585,741 valued at $42.75 million in 2018Q1. It also upped Novartis Ag Adr (NYSE:NVS) stake by 4,800 shares and now owns 89,119 shares. Gildan Activeware Inc. (NYSE:GIL) was raised too.

More news for Sun Life Financial Inc. (NYSE:SLF) were recently published by: Fool.ca, which released: “2 of the Best Canadian Insurance Stocks Are Undervalued” on June 21, 2018. Fool.ca‘s article titled: “TFSA Investors: 2 Stocks to Start a Canadian Dividend Portfolio” and published on May 30, 2018 is yet another important article.

Among 12 analysts covering Sun Life Financial Inc. (NYSE:SLF), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Sun Life Financial Inc. has $61.0 highest and $15 lowest target. $45.11’s average target is 10.27% above currents $40.91 stock price. Sun Life Financial Inc. had 26 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Sun Life Financial Inc. (NYSE:SLF) earned “Hold” rating by Bank of America on Monday, July 10. The stock of Sun Life Financial Inc. (NYSE:SLF) has “Outperform” rating given on Friday, September 11 by RBC Capital Markets. The company was maintained on Monday, March 7 by Barclays Capital. The rating was upgraded by RBC Capital Markets on Wednesday, June 7 to “Outperform”. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Friday, February 17. The stock has “Outperform” rating by Credit Suisse on Thursday, August 6. Argus Research upgraded the shares of SLF in report on Wednesday, December 23 to “Buy” rating. The firm earned “Underperform” rating on Wednesday, August 24 by Bank of America. The rating was maintained by Morgan Stanley on Thursday, October 5 with “Equal-Weight”. The stock of Sun Life Financial Inc. (NYSE:SLF) earned “Sector Outperform” rating by IBC on Thursday, February 11.

Another recent and important Chimera Investment Corporation (NYSE:CIM) news was published by Seekingalpha.com which published an article titled: “Featured Stocks In May’s Safest Dividend Yields Model Portfolio” on June 04, 2018.

The stock increased 0.11% or $0.02 during the last trading session, reaching $18.93. About 1.52 million shares traded or 59.44% up from the average. Chimera Investment Corporation (NYSE:CIM) has declined 2.20% since June 24, 2017 and is downtrending. It has underperformed by 14.77% the S&P500. Some Historical CIM News: 06/03/2018 – Chimera Appoints New Board Member Debra W. Still and Announces the Retirement of Paul Keenan from the Chimera Board of Directors; 06/03/2018 – Chimera Appoints New Bd Member Debra W. Still and Announces the Retirement of Paul Keenan From the Chimera Bd of Directors; 23/04/2018 – DJ Chimera Investment Corporation, Inst Holders, 1Q 2018 (CIM); 24/04/2018 – Moody’s Investors Service, (“Moody’s”) assigns provisional ratings to Prime RMBS issued by CIM Trust 2018-J1; 10/04/2018 – ClinicalTrial US: Immune CHeckpoint Inhibitors Monitoring of Adverse Drug ReAction (CHIMeRA); 03/05/2018 – CHIMERA 1Q CORE EPS 58C, EST. 62C; 03/05/2018 – Chimera Investment 1Q Core EPS 58c; 27/03/2018 – The Chimera group is hoping to raise over $375 million in its token offering; 05/03/2018 Rhode Island AG: Precautionary Boil Water Notice Issued for Chimera Inc (Davis Mobile Home Park) in Chepachet; 28/03/2018 – Chimera Capital Partners has Funds for U.S. Real Estate Investments

Investors sentiment increased to 0.5 in Q1 2018. Its up 0.50, from 0 in 2017Q4. It increased, as 0 investors sold Chimera Investment Corporation shares while 2 reduced holdings. 0 funds opened positions while 1 raised stakes. 1.00 million shares or 7.85% more from 928,173 shares in 2017Q4 were reported. The Illinois-based Balasa Dinverno & Foltz Ltd Llc has invested 0.06% in Chimera Investment Corporation (NYSE:CIM). Nfc Invests Ltd Liability Corp owns 908,823 shares for 5.57% of their portfolio. Capital Inv Llc has 68,830 shares.

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