Laredo Petroleum, Inc. (LPI) Analysts See $0.18 EPS; Madison Investment Holdings Has Boosted Liberty Global Plc (LBTYK) Holding

February 15, 2018 - By Richard Conner

Analysts expect Laredo Petroleum, Inc. (NYSE:LPI) to report $0.18 EPS on February, 21.They anticipate $0.02 EPS change or 12.50% from last quarter’s $0.16 EPS. LPI’s profit would be $43.08M giving it 11.01 P/E if the $0.18 EPS is correct. After having $0.13 EPS previously, Laredo Petroleum, Inc.’s analysts see 38.46% EPS growth. The stock increased 4.76% or $0.36 during the last trading session, reaching $7.93. About 3.92M shares traded or 31.75% up from the average. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since February 15, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.

Madison Investment Holdings Inc increased Liberty Global Plc (LBTYK) stake by 0.87% reported in 2017Q3 SEC filing. Madison Investment Holdings Inc acquired 12,561 shares as Liberty Global Plc (LBTYK)’s stock declined 17.26%. The Madison Investment Holdings Inc holds 1.45M shares with $47.44M value, up from 1.44 million last quarter. Liberty Global Plc now has $34.72B valuation. The stock increased 2.74% or $0.93 during the last trading session, reaching $34.92. About 3.09 million shares traded or 8.29% up from the average. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since February 15, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $1.90 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 16.18 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.26, from 0.94 in 2017Q2. It improved, as 23 investors sold Laredo Petroleum, Inc. shares while 41 reduced holdings. 20 funds opened positions while 57 raised stakes. 254.15 million shares or 0.31% more from 253.36 million shares in 2017Q2 were reported. Channing Ltd Limited Liability Company has 2.38M shares. Paloma Prtn Management has 0.02% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 123,115 shares. 21,632 were reported by Great West Life Assurance Co Can. Sei Invs Com invested 0.02% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Winfield Associates reported 80 shares. Axa has invested 0.01% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Virginia Retirement Sys Et Al holds 0% or 20,299 shares in its portfolio. Verition Fund Mgmt Lc holds 0.03% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 30,488 shares. Schwab Charles Management Inc has 417,249 shares for 0% of their portfolio. Deutsche Bankshares Ag owns 116,962 shares. 10,302 were accumulated by Evanson Asset Mgmt. Sailingstone Cap Limited Liability reported 13.29% in Laredo Petroleum, Inc. (NYSE:LPI). The Iowa-based Principal Grp Inc has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). First Quadrant L P Ca has invested 0.27% in Laredo Petroleum, Inc. (NYSE:LPI). Rhumbline Advisers holds 0.01% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 188,292 shares.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 17 Hold. Therefore 41% are positive. Laredo Petroleum Holdings Inc had 97 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray upgraded the shares of LPI in report on Tuesday, February 21 to “Overweight” rating. J.P. Morgan downgraded the stock to “Sell” rating in Friday, December 15 report. The company was maintained on Monday, April 3 by Credit Suisse. The stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Equal-Weight” rating given on Thursday, February 18 by Stephens. As per Friday, September 1, the company rating was maintained by Stifel Nicolaus. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, November 2. The rating was maintained by Williams Capital Group on Wednesday, October 18 with “Hold”. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Neutral” rating by Seaport Global on Wednesday, June 21. On Wednesday, August 12 the stock rating was maintained by Credit Suisse with “Neutral”. BMO Capital Markets maintained Laredo Petroleum, Inc. (NYSE:LPI) rating on Thursday, January 11. BMO Capital Markets has “Hold” rating and $12.0 target.

Madison Investment Holdings Inc decreased Vanguard Int (VCIT) stake by 6,702 shares to 124,480 valued at $10.96M in 2017Q3. It also reduced Union Pacific Corp (NYSE:UNP) stake by 3,234 shares and now owns 112,754 shares. Pfizer Inc. (NYSE:PFE) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Richard Conner

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: