P-A-W Capital Has Increased Its Emcore (EMKR) Position; Ep Energy (EPE)’s Sentiment Is 0.76

May 18, 2018 - By Steve Bissell

EMCORE Corporation (NASDAQ:EMKR) Logo

P-A-W Capital Corp increased Emcore Corp (EMKR) stake by 112.5% reported in 2017Q4 SEC filing. P-A-W Capital Corp acquired 360,000 shares as Emcore Corp (EMKR)’s stock declined 7.26%. The P-A-W Capital Corp holds 680,000 shares with $4.39M value, up from 320,000 last quarter. Emcore Corp now has $130.42 million valuation. The stock increased 1.06% or $0.05 during the last trading session, reaching $4.75. About 410,241 shares traded or 84.51% up from the average. EMCORE Corporation (NASDAQ:EMKR) has declined 34.29% since May 18, 2017 and is downtrending. It has underperformed by 45.84% the S&P500.

Ep Energy Corp (EPE) investors sentiment decreased to 0.76 in 2017 Q4. It’s down -0.16, from 0.92 in 2017Q3. The ratio turned negative, as 34 funds increased and opened new stock positions, while 45 sold and decreased stock positions in Ep Energy Corp. The funds in our database now hold: 174.98 million shares, down from 175.66 million shares in 2017Q3. Also, the number of funds holding Ep Energy Corp in top ten stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 17 Reduced: 28 Increased: 25 New Position: 9.

Analysts await EP Energy Corporation (NYSE:EPE) to report earnings on August, 1. They expect $-0.04 earnings per share, up 60.00% or $0.06 from last year’s $-0.1 per share. After $-0.07 actual earnings per share reported by EP Energy Corporation for the previous quarter, Wall Street now forecasts -42.86% EPS growth.

The stock increased 4.67% or $0.14 during the last trading session, reaching $3.14. About 2.46 million shares traded or 150.02% up from the average. EP Energy Corporation (EPE) has declined 67.45% since May 18, 2017 and is downtrending. It has underperformed by 79.00% the S&P500.

Apollo Management Holdings L.P. holds 4.43% of its portfolio in EP Energy Corporation for 112.60 million shares. Columbia Pacific Advisors Llc owns 884,465 shares or 3.11% of their US portfolio. Moreover, Riverstone Holdings Llc has 2.86% invested in the company for 31.28 million shares. The New York-based King Street Capital Management L.P. has invested 0.74% in the stock. Fir Tree Capital Management Lp, a New York-based fund reported 2.14 million shares.

EP Energy Corporation, an independent exploration and production company, engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States. The company has market cap of $791.00 million. The firm has interests in three primary areas, such as the Eagle Ford Shale located in South Texas; the Wolfcamp Shale located in Permian Basin in West Texas; and the Altamont Field located in the Uinta Basin in Northeastern Utah. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 432.4 million barrels of oil equivalent and had average net daily production of 87,641 barrel of oil equivalent/per day.

Ratings analysis reveals 0 of EP Energy’s analysts are positive. Out of 4 Wall Street analysts rating EP Energy, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $4.5 while the high is $5.0. The stock’s average target of $4.75 is 51.27% above today’s ($3.14) share price. EPE was included in 4 notes of analysts from September 13, 2016. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, September 21. The company was downgraded on Wednesday, January 4 by Citigroup. The rating was initiated by FBR Capital with “Mkt Perform” on Tuesday, September 13. On Thursday, April 13 the stock rating was initiated by Stifel Nicolaus with “Hold”.

Another recent and important EP Energy Corporation (NYSE:EPE) news was published by Nasdaq.com which published an article titled: “Mid-Morning Market Update: Markets Edge Higher; Walmart Tops Q1 Views” on May 17, 2018.

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.28, from 1.1 in 2017Q3. It improved, as 16 investors sold EMKR shares while 18 reduced holdings. 18 funds opened positions while 29 raised stakes. 20.84 million shares or 2.68% more from 20.30 million shares in 2017Q3 were reported. Boothbay Fund Mngmt Limited Liability Company holds 29,437 shares. Morgan Stanley reported 241,547 shares. Ariel Invests Lc owns 1.54 million shares. Legal And General Group Plc holds 0% or 6,597 shares in its portfolio. New York-based Citigroup has invested 0% in EMCORE Corporation (NASDAQ:EMKR). Jpmorgan Chase And stated it has 0% in EMCORE Corporation (NASDAQ:EMKR). Moreover, Mufg Americas Holding Corp has 0% invested in EMCORE Corporation (NASDAQ:EMKR). Susquehanna International Gp Ltd Liability Partnership reported 60,033 shares or 0% of all its holdings. Stone Ridge Asset Limited Liability Corp holds 0.01% or 27,068 shares. 10,509 are owned by Voya Inv Management Limited Liability Corporation. 225,522 were accumulated by Deutsche Fincl Bank Ag. Bard Associate holds 19,100 shares or 0.06% of its portfolio. Millrace Asset Gp, a Pennsylvania-based fund reported 124,849 shares. Portolan Capital Mgmt Ltd invested 0.48% in EMCORE Corporation (NASDAQ:EMKR). Wellington Mgmt Group Inc Llp reported 0.01% in EMCORE Corporation (NASDAQ:EMKR).

Among 5 analysts covering Emcore (NASDAQ:EMKR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Emcore had 22 analyst reports since July 28, 2015 according to SRatingsIntel. B. Riley & Co maintained EMCORE Corporation (NASDAQ:EMKR) on Tuesday, April 10 with “Neutral” rating. The firm has “Outperform” rating given on Monday, March 19 by Northland Capital. Northland Capital downgraded the shares of EMKR in report on Tuesday, December 5 to “Market Perform” rating. The rating was maintained by Northland Capital with “Outperform” on Wednesday, December 9. The firm earned “Buy” rating on Wednesday, February 8 by Lake Street. The firm has “Outperform” rating by Northland Capital given on Tuesday, July 28. On Wednesday, February 8 the stock rating was maintained by Dougherty & Company with “Buy”. The firm has “Buy” rating by Lake Street given on Tuesday, March 8. The stock has “Buy” rating by Dougherty & Company on Thursday, December 8. Northland Capital maintained the stock with “Outperform” rating in Monday, November 9 report.

More news for EMCORE Corporation (NASDAQ:EMKR) were recently published by: Seekingalpha.com, which released: “EMCORE’s (EMKR) CEO Jeff Rittichier on Q2 2018 Results – Earnings Call Transcript” on May 03, 2018. Nasdaq.com‘s article titled: “EMCORE Enters into Agreement to Design a Custom, High-Performance Inertial Measurement Unit and Deliver Flight …” and published on May 03, 2018 is yet another important article.

Since January 5, 2018, it had 0 insider buys, and 1 insider sale for $348,425 activity. RITTICHIER JEFFREY also sold $348,425 worth of EMCORE Corporation (NASDAQ:EMKR) on Friday, January 5.

EMCORE Corporation (NASDAQ:EMKR) Institutional Positions Chart

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