CECO Environmental Corp. (CECE) Reaches $4.83 After 9.00% Up Move; First Acceptance (FAC)’s Sentiment Is 1.25

April 17, 2018 - By Michael Collier

First Acceptance Corp (FAC) investors sentiment decreased to 1.25 in Q4 2017. It’s down -0.08, from 1.33 in 2017Q3. The ratio has worsened, as 5 investment professionals started new or increased positions, while 4 cut down and sold their equity positions in First Acceptance Corp. The investment professionals in our database now hold: 8.13 million shares, down from 8.15 million shares in 2017Q3. Also, the number of investment professionals holding First Acceptance Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 4 New Position: 1.

The stock of CECO Environmental Corp. (NASDAQ:CECE) is a huge mover today! The stock increased 3.87% or $0.1799 during the last trading session, reaching $4.8299. About 169,769 shares traded or 2.97% up from the average. CECO Environmental Corp. (NASDAQ:CECE) has declined 56.72% since April 17, 2017 and is downtrending. It has underperformed by 68.27% the S&P500.The move comes after 6 months positive chart setup for the $167.78M company. It was reported on Apr, 17 by Barchart.com. We have $5.26 PT which if reached, will make NASDAQ:CECE worth $15.10 million more.

Among 7 analysts covering CECO Environ. (NASDAQ:CECE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. CECO Environ. had 15 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained CECO Environmental Corp. (NASDAQ:CECE) rating on Friday, August 4. Jefferies has “Hold” rating and $1000 target. As per Friday, August 11, the company rating was downgraded by William Blair. The stock of CECO Environmental Corp. (NASDAQ:CECE) has “Hold” rating given on Thursday, November 9 by Roth Capital. As per Thursday, July 6, the company rating was upgraded by Needham. The firm earned “Buy” rating on Friday, March 9 by Needham. Roth Capital maintained CECO Environmental Corp. (NASDAQ:CECE) on Friday, March 11 with “Buy” rating. The firm earned “Buy” rating on Thursday, January 21 by Seaport Global. Seaport Global downgraded CECO Environmental Corp. (NASDAQ:CECE) on Thursday, November 17 to “Neutral” rating. The firm has “Hold” rating given on Wednesday, August 12 by Zacks. The rating was downgraded by Drexel Hamilton to “Buy” on Friday, March 11.

CECO Environmental Corp. provides critical solutions to the environmental, energy, and fluid handling and filtration industries worldwide. The company has market cap of $167.78 million. The firm operates through three divisions: Energy, Environmental, and Fluid Handling and Filtration. It currently has negative earnings. The Energy segment offers gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, secondary separators, and expansion joints for the power and petrochemical industries.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.03, from 0.88 in 2017Q3. It increased, as 20 investors sold CECO Environmental Corp. shares while 34 reduced holdings. 21 funds opened positions while 28 raised stakes. 22.39 million shares or 1.39% less from 22.71 million shares in 2017Q3 were reported. Royal Fincl Bank Of Canada reported 10,793 shares. Finemark Bancshares Trust invested 0% of its portfolio in CECO Environmental Corp. (NASDAQ:CECE). Gp One Trading Lp reported 2,000 shares stake. 73,305 were accumulated by Cornerstone Cap Ltd Liability. Financial Bank Of America Corporation De holds 0% or 217,942 shares. Bridgeway Capital reported 33,022 shares. Tower Capital Ltd Liability Co (Trc) reported 13,788 shares. Northern Trust holds 0% of its portfolio in CECO Environmental Corp. (NASDAQ:CECE) for 303,566 shares. Boston Partners has invested 0% in CECO Environmental Corp. (NASDAQ:CECE). Meeder Asset Mngmt Inc, Ohio-based fund reported 781 shares. Deutsche Savings Bank Ag holds 0% or 76,326 shares in its portfolio. Virginia Retirement Sys Et Al has 81,500 shares. Rbf Capital Limited Liability Corp holds 0.03% in CECO Environmental Corp. (NASDAQ:CECE) or 47,293 shares. Legal And General Group Plc invested 0% in CECO Environmental Corp. (NASDAQ:CECE). State Board Of Administration Of Florida Retirement Sys has 0% invested in CECO Environmental Corp. (NASDAQ:CECE).

Analysts await CECO Environmental Corp. (NASDAQ:CECE) to report earnings on May, 9. They expect $0.04 EPS, down 80.00% or $0.16 from last year’s $0.2 per share. CECE’s profit will be $1.39M for 30.19 P/E if the $0.04 EPS becomes a reality. After $-0.05 actual EPS reported by CECO Environmental Corp. for the previous quarter, Wall Street now forecasts -180.00% EPS growth.

Since December 14, 2017, it had 1 insider purchase, and 0 selling transactions for $19,885 activity. Sadlowski Dennis bought $19,885 worth of CECO Environmental Corp. (NASDAQ:CECE) on Thursday, December 14.

First Acceptance Corporation, through its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and other ancillary products in the United States. The company has market cap of $33.40 million. The firm operates through two divisions, Insurance, and Real Estate and Corporate. It currently has negative earnings. It issues automobile insurance policies to individuals who are categorized as non-standard based primarily on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment history or need for monthly payment plans, failure to maintain continuous insurance coverage, or driving record.

First Acceptance Corporation (NYSE:FAC) Institutional Positions Chart

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By1 Michael Collier

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