EPS for Foresight Energy LP (FELP) Expected At $-0.07; Wbi Investments Has Boosted Packaging Amer (PKG) Position

April 17, 2018 - By Richard Conner

Packaging Corporation of America (NYSE:PKG) Logo

Wbi Investments Inc increased Packaging Corp Amer (PKG) stake by 106.96% reported in 2017Q4 SEC filing. Wbi Investments Inc acquired 14,054 shares as Packaging Corp Amer (PKG)’s stock declined 6.47%. The Wbi Investments Inc holds 27,193 shares with $3.28M value, up from 13,139 last quarter. Packaging Corp Amer now has $10.85B valuation. The stock increased 1.73% or $1.97 during the last trading session, reaching $115.89. About 305,263 shares traded. Packaging Corporation of America (NYSE:PKG) has risen 25.91% since April 17, 2017 and is uptrending. It has outperformed by 14.36% the S&P500.

Analysts expect Foresight Energy LP (NYSE:FELP) to report $-0.07 EPS on May, 10.They anticipate $0.05 EPS change or 41.67% from last quarter’s $-0.12 EPS. After having $0.06 EPS previously, Foresight Energy LP’s analysts see -216.67% EPS growth. The stock decreased 1.14% or $0.04 during the last trading session, reaching $3.47. About 11,703 shares traded. Foresight Energy LP (NYSE:FELP) has declined 47.93% since April 17, 2017 and is downtrending. It has underperformed by 59.48% the S&P500.

Among 11 analysts covering Foresight Energy LP (NYSE:FELP), 0 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive. Foresight Energy LP had 29 analyst reports since July 21, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, November 3 report. The rating was maintained by Stifel Nicolaus on Thursday, July 20 with “Hold”. The stock of Foresight Energy LP (NYSE:FELP) has “Mkt Perform” rating given on Thursday, October 13 by FBR Capital. FBR Capital maintained Foresight Energy LP (NYSE:FELP) on Wednesday, November 23 with “Mkt Perform” rating. The rating was initiated by FBR Capital on Friday, September 18 with “Mkt Perform”. The firm has “Neutral” rating by FBR Capital given on Tuesday, August 15. The stock has “Neutral” rating by JP Morgan on Monday, November 9. The stock of Foresight Energy LP (NYSE:FELP) earned “Hold” rating by FBR Capital on Wednesday, March 7. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 30. As per Friday, January 22, the company rating was downgraded by Morgan Stanley.

Foresight Energy LP engages in the development, mining, production, marketing, transportation, and sale of thermal coal primarily in the eastern United States and internationally. The company has market cap of $501.69 million. As of March 17, 2017, the firm owned four underground mining complexes, including Williamson, Sugar Camp, Hillsboro, and Macoupin, as well as four longwall systems, and the Sitran river terminal on the Ohio River. It currently has negative earnings. It controls approximately 2 billion tons of coal reserves in the Illinois Basin.

Since October 27, 2017, it had 0 insider buys, and 1 sale for $719,796 activity. Carter Charles J. sold $719,796 worth of stock.

Wbi Investments Inc decreased Texas Instrs Inc (NASDAQ:TXN) stake by 115,356 shares to 4,307 valued at $450,000 in 2017Q4. It also reduced Sei Investments Co (NASDAQ:SEIC) stake by 20,674 shares and now owns 60,816 shares. Absolute Shs Tr (WBIE) was reduced too.

Packaging Corporation of America (NYSE:PKG) Institutional Positions Chart

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By1 Richard Conner

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