Edgemoor Investment Advisors Decreased Eastman Chem Co (EMN) Stake; Alpine Woods Capital Investors Has Decreased By $1.16 Million Its Wisdomtree Investments (WETF) Position

May 20, 2018 - By Peter Erickson

Eastman Chemical Company (NYSE:EMN) Logo

Alpine Woods Capital Investors Llc decreased Wisdomtree Investments Inc (WETF) stake by 79.51% reported in 2017Q4 SEC filing. Alpine Woods Capital Investors Llc sold 97,000 shares as Wisdomtree Investments Inc (WETF)’s stock declined 28.52%. The Alpine Woods Capital Investors Llc holds 25,000 shares with $314,000 value, down from 122,000 last quarter. Wisdomtree Investments Inc now has $1.75B valuation. The stock decreased 0.60% or $0.07 during the last trading session, reaching $11.59. About 803,012 shares traded. WisdomTree Investments, Inc. (NASDAQ:WETF) has risen 5.72% since May 20, 2017 and is uptrending. It has underperformed by 5.83% the S&P500.

Edgemoor Investment Advisors Inc decreased Eastman Chem Co (EMN) stake by 3.61% reported in 2017Q4 SEC filing. Edgemoor Investment Advisors Inc sold 3,345 shares as Eastman Chem Co (EMN)’s stock rose 13.33%. The Edgemoor Investment Advisors Inc holds 89,434 shares with $8.66M value, down from 92,779 last quarter. Eastman Chem Co now has $15.55B valuation. The stock increased 0.43% or $0.47 during the last trading session, reaching $108.95. About 622,405 shares traded. Eastman Chemical Company (NYSE:EMN) has risen 34.74% since May 20, 2017 and is uptrending. It has outperformed by 23.19% the S&P500.

Investors sentiment decreased to 1.17 in Q4 2017. Its down 0.01, from 1.18 in 2017Q3. It turned negative, as 32 investors sold EMN shares while 187 reduced holdings. 74 funds opened positions while 182 raised stakes. 116.74 million shares or 0.76% more from 115.86 million shares in 2017Q3 were reported. Piermont Cap Mgmt Inc has 0.18% invested in Eastman Chemical Company (NYSE:EMN) for 5,890 shares. Edgemoor Invest Advsr, Maryland-based fund reported 89,434 shares. Moreover, Td Asset Management Inc has 0.11% invested in Eastman Chemical Company (NYSE:EMN). 319,657 are owned by Atalanta Sosnoff Cap Ltd Liability. Mercer Advisers owns 104 shares. Tiemann Advsr Ltd Co holds 0.46% or 6,277 shares. Kopp Advisors Lc holds 8,908 shares or 0.83% of its portfolio. West Oak Cap Limited Liability Company, California-based fund reported 250 shares. Retail Bank Of America Corp De stated it has 1.40 million shares. Massmutual Tru Fsb Adv holds 0% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 75 shares. Morgan Stanley, a New York-based fund reported 1.07M shares. Howe & Rusling Inc holds 20,685 shares. Amp Capital Invsts Ltd, Australia-based fund reported 85,168 shares. Moreover, Denali Advsrs Limited Liability Company has 0.51% invested in Eastman Chemical Company (NYSE:EMN). Shell Asset Mngmt reported 8,707 shares.

Analysts await Eastman Chemical Company (NYSE:EMN) to report earnings on July, 26. They expect $2.21 earnings per share, up 11.62% or $0.23 from last year’s $1.98 per share. EMN’s profit will be $315.51M for 12.32 P/E if the $2.21 EPS becomes a reality. After $2.23 actual earnings per share reported by Eastman Chemical Company for the previous quarter, Wall Street now forecasts -0.90% negative EPS growth.

Since February 7, 2018, it had 0 insider purchases, and 11 sales for $12.84 million activity. WARMACK DAMON CARY sold $435,516 worth of stock. Shares for $406,360 were sold by RAISBECK DAVID W. $4.70 million worth of Eastman Chemical Company (NYSE:EMN) shares were sold by ESPELAND CURTIS E. $315,875 worth of stock was sold by BOLDEA LUCIAN on Friday, February 9. Anderson Gary E sold $400,000 worth of stock or 4,000 shares. LICH BRAD A sold $2.62M worth of stock or 24,834 shares. 13,100 shares valued at $1.38M were sold by COX MARK K on Monday, May 7.

Among 17 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 6 Hold. Therefore 53% are positive. Eastman Chemical Company had 61 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Eastman Chemical Company (NYSE:EMN) earned “Buy” rating by Nomura on Monday, July 11. The firm has “Hold” rating given on Sunday, July 30 by RBC Capital Markets. The stock of Eastman Chemical Company (NYSE:EMN) has “Hold” rating given on Tuesday, January 24 by Standpoint Research. RBC Capital Markets maintained the shares of EMN in report on Sunday, February 4 with “Hold” rating. The rating was maintained by Citigroup on Monday, April 18 with “Buy”. Goldman Sachs upgraded the shares of EMN in report on Thursday, September 28 to “Buy” rating. The firm earned “Overweight” rating on Monday, October 30 by JP Morgan. Jefferies maintained Eastman Chemical Company (NYSE:EMN) rating on Monday, August 28. Jefferies has “Buy” rating and $96.0 target. RBC Capital Markets maintained Eastman Chemical Company (NYSE:EMN) on Monday, October 30 with “Hold” rating. Deutsche Bank maintained the shares of EMN in report on Thursday, August 20 with “Buy” rating.

More recent Eastman Chemical Company (NYSE:EMN) news were published by: Bizjournals.com which released: “Contractor change at Texas plant affects up to 229 KBR jobs” on May 16, 2018. Also Bizjournals.com published the news titled: “Bigger than Bridgestone: State tees up grant for Wall Street firm’s new Nashville HQ” on May 11, 2018. Streetinsider.com‘s news article titled: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” with publication date: May 15, 2018 was also an interesting one.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.05, from 1.14 in 2017Q3. It increased, as 24 investors sold WETF shares while 56 reduced holdings. 31 funds opened positions while 64 raised stakes. 114.18 million shares or 3.56% less from 118.39 million shares in 2017Q3 were reported. Stratos Wealth Partners has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Guinness Atkinson Asset Mngmt, a California-based fund reported 669,940 shares. Cutter And Co Brokerage owns 0.32% invested in WisdomTree Investments, Inc. (NASDAQ:WETF) for 62,356 shares. New York State Teachers Retirement owns 209,187 shares for 0.01% of their portfolio. Texas Permanent School Fund owns 77,740 shares. Alliancebernstein Lp has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Massachusetts Financial Ser Commerce Ma owns 628,290 shares or 0% of their US portfolio. Strs Ohio invested in 225,000 shares or 0.01% of the stock. Deutsche Commercial Bank Ag reported 942,023 shares or 0.01% of all its holdings. The Georgia-based Voya Mgmt Ltd Llc has invested 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Robeco Institutional Asset Mgmt Bv holds 0.03% of its portfolio in WisdomTree Investments, Inc. (NASDAQ:WETF) for 413,841 shares. Cibc World stated it has 0% in WisdomTree Investments, Inc. (NASDAQ:WETF). Raymond James Fincl Svcs Advisors Inc owns 93,252 shares. Amundi Pioneer Asset Mgmt Inc owns 359,500 shares. Advisors Asset Mgmt reported 1,329 shares stake.

Alpine Woods Capital Investors Llc increased Nrg Yield Inc stake by 27,601 shares to 565,801 valued at $10.67M in 2017Q4. It also upped Taylor Morrison Home Corp (NYSE:TMHC) stake by 54,974 shares and now owns 255,000 shares. Whirlpool Corp (NYSE:WHR) was raised too.

More recent WisdomTree Investments, Inc. (NASDAQ:WETF) news were published by: Seekingalpha.com which released: “WisdomTree Investments: Buy The Diversification” on May 02, 2018. Also Seekingalpha.com published the news titled: “Unwise To Go Long WisdomTree At Present Valuation Level” on May 17, 2018. Globenewswire.com‘s news article titled: “WisdomTree ETFs Declare Distributions” with publication date: April 24, 2018 was also an interesting one.

Since December 15, 2017, it had 1 buy, and 8 insider sales for $11.36 million activity. Another trade for 453,926 shares valued at $4.49M was sold by STEINHARDT MICHAEL H. 25,000 shares were sold by Abner David J., worth $262,888. SALERNO FRANK also sold $585,370 worth of WisdomTree Investments, Inc. (NASDAQ:WETF) shares. Another trade for 19,710 shares valued at $204,647 was made by MacAlpine Kurt on Monday, February 5. $828,814 worth of WisdomTree Investments, Inc. (NASDAQ:WETF) shares were sold by Steinberg Jonathan L.

Among 13 analysts covering WisdomTree Investments (NASDAQ:WETF), 5 have Buy rating, 3 Sell and 5 Hold. Therefore 38% are positive. WisdomTree Investments had 61 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Monday, February 5. The firm earned “Hold” rating on Friday, September 15 by Northland Capital. The rating was maintained by Keefe Bruyette & Woods on Sunday, August 13 with “Sell”. On Monday, February 6 the stock rating was upgraded by Citigroup to “Neutral”. The stock of WisdomTree Investments, Inc. (NASDAQ:WETF) earned “Hold” rating by Keefe Bruyette & Woods on Friday, February 2. The stock has “Sell” rating by Citigroup on Wednesday, August 26. Northland Capital maintained the shares of WETF in report on Friday, October 27 with “Hold” rating. Credit Suisse maintained it with “Outperform” rating and $14 target in Monday, April 30 report. The rating was downgraded by Keefe Bruyette & Woods to “Outperform” on Monday, February 8. As per Tuesday, November 14, the company rating was upgraded by Wood.

WisdomTree Investments, Inc. (NASDAQ:WETF) Institutional Positions Chart

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