Flagstar Bancorp (FBC) Reaches $36.16 After 6.00% Up Move; Ao Asset Management Has Lowered By $15.13 Million Its Commscope Hldg Co (COMM) Holding

November 14, 2017 - By Clifton Ray

The stock of Flagstar Bancorp Inc (NYSE:FBC) is a huge mover today! About 130,076 shares traded. Flagstar Bancorp Inc (NYSE:FBC) has risen 24.05% since November 14, 2016 and is uptrending. It has outperformed by 7.35% the S&P500.The move comes after 5 months positive chart setup for the $2.07 billion company. It was reported on Nov, 14 by Barchart.com. We have $38.33 PT which if reached, will make NYSE:FBC worth $124.20M more.

Ao Asset Management Llc decreased Commscope Hldg Co Inc (COMM) stake by 64.57% reported in 2017Q2 SEC filing. Ao Asset Management Llc sold 398,118 shares as Commscope Hldg Co Inc (COMM)’s stock declined 6.21%. The Ao Asset Management Llc holds 218,482 shares with $8.31 million value, down from 616,600 last quarter. Commscope Hldg Co Inc now has $6.45 billion valuation. The stock declined 0.43% or $0.15 reaching $33.79 per share. About 450,908 shares traded. Commscope Holding Company Inc (NASDAQ:COMM) has risen 25.42% since November 14, 2016 and is uptrending. It has outperformed by 8.72% the S&P500.

Investors sentiment increased to 1.06 in 2017 Q2. Its up 0.15, from 0.91 in 2017Q1. It improved, as 12 investors sold Flagstar Bancorp Inc shares while 40 reduced holdings. 12 funds opened positions while 43 raised stakes. 54.95 million shares or 0.58% more from 54.63 million shares in 2017Q1 were reported. Swiss Commercial Bank accumulated 0% or 37,200 shares. Geode Mgmt Llc stated it has 172,533 shares or 0% of all its holdings. Zebra Cap Mgmt Ltd Llc reported 0.76% of its portfolio in Flagstar Bancorp Inc (NYSE:FBC). Intll Grp Inc holds 13,222 shares or 0% of its portfolio. 26,900 are held by Virginia Retirement Systems Et Al. Blackrock has 0% invested in Flagstar Bancorp Inc (NYSE:FBC) for 1.60M shares. Indexiq Advisors Ltd Liability Company has invested 0.02% in Flagstar Bancorp Inc (NYSE:FBC). Systematic Fincl Limited Partnership holds 0.03% of its portfolio in Flagstar Bancorp Inc (NYSE:FBC) for 58,875 shares. Creative Planning, a Kansas-based fund reported 105 shares. Truenorth holds 0.17% or 11,409 shares. Vanguard stated it has 0% of its portfolio in Flagstar Bancorp Inc (NYSE:FBC). Great West Life Assurance Can invested in 0% or 2,760 shares. 430,045 are held by D E Shaw Company. Banc Funds Company Ltd Liability Company has invested 0.24% in Flagstar Bancorp Inc (NYSE:FBC). Invesco Limited stated it has 0% of its portfolio in Flagstar Bancorp Inc (NYSE:FBC).

Analysts await Flagstar Bancorp Inc (NYSE:FBC) to report earnings on January, 23. They expect $0.52 earnings per share, up 6.12% or $0.03 from last year’s $0.49 per share. FBC’s profit will be $29.77 million for 17.38 P/E if the $0.52 EPS becomes a reality. After $0.70 actual earnings per share reported by Flagstar Bancorp Inc for the previous quarter, Wall Street now forecasts -25.71% negative EPS growth.

Among 10 analysts covering Flagstar Bancorp (NYSE:FBC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Flagstar Bancorp has $42.0 highest and $24 lowest target. $34.83’s average target is -3.68% below currents $36.16 stock price. Flagstar Bancorp had 25 analyst reports since July 29, 2015 according to SRatingsIntel. As per Sunday, August 27, the company rating was maintained by Piper Jaffray. FBR Capital maintained Flagstar Bancorp Inc (NYSE:FBC) rating on Tuesday, November 14. FBR Capital has “Buy” rating and $42.0 target. The firm has “Outperform” rating by FBR Capital given on Thursday, November 12. Piper Jaffray initiated the stock with “Overweight” rating in Friday, March 11 report. The firm earned “Hold” rating on Friday, July 7 by Keefe Bruyette & Woods. As per Wednesday, July 29, the company rating was maintained by FBR Capital. PiperJaffray downgraded Flagstar Bancorp Inc (NYSE:FBC) on Wednesday, July 27 to “Neutral” rating. The company was upgraded on Tuesday, June 28 by Wood. The firm earned “Mkt Perform” rating on Friday, October 30 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Tuesday, February 9 by Sandler O’Neill.

Flagstar Bancorp, Inc. is a savings and loan holding company. The company has market cap of $2.07 billion. The Company’s business is primarily conducted through its principal subsidiary, Flagstar Bank, FSB. It has a 15.41 P/E ratio. It operates through four divisions: Community Banking, Mortgage Originations, Mortgage Servicing, and Other.

Analysts await Commscope Holding Company Inc (NASDAQ:COMM) to report earnings on February, 22. They expect $0.43 EPS, down 27.12% or $0.16 from last year’s $0.59 per share. COMM’s profit will be $82.08 million for 19.65 P/E if the $0.43 EPS becomes a reality. After $0.52 actual EPS reported by Commscope Holding Company Inc for the previous quarter, Wall Street now forecasts -17.31% negative EPS growth.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. CommScope Holding had 30 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley upgraded the shares of COMM in report on Thursday, August 17 to “Overweight” rating. Jefferies maintained the stock with “Buy” rating in Thursday, August 3 report. Raymond James downgraded Commscope Holding Company Inc (NASDAQ:COMM) on Tuesday, January 17 to “Mkt Perform” rating. Goldman Sachs reinitiated it with “Neutral” rating and $34 target in Friday, September 18 report. The stock has “Hold” rating by Northland Capital on Tuesday, August 8. The company was maintained on Tuesday, September 5 by Jefferies. The firm has “Buy” rating given on Thursday, November 2 by Citigroup. As per Monday, October 16, the company rating was maintained by Northland Capital. Jefferies maintained the shares of COMM in report on Tuesday, June 6 with “Buy” rating. Longbow downgraded Commscope Holding Company Inc (NASDAQ:COMM) on Friday, August 4 to “Neutral” rating.

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.03, from 1.27 in 2017Q1. It dropped, as 52 investors sold COMM shares while 81 reduced holdings. 59 funds opened positions while 106 raised stakes. 192.66 million shares or 3.50% more from 186.14 million shares in 2017Q1 were reported. Navellier And Assocs Inc invested in 10,884 shares or 0.06% of the stock. Sei Invests invested in 0.04% or 288,749 shares. Diamond Hill Cap Mngmt stated it has 0.58% in Commscope Holding Company Inc (NASDAQ:COMM). Meeder Asset Management Incorporated has invested 0.01% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM). Citigroup, New York-based fund reported 5,052 shares. Mai Management, Ohio-based fund reported 6,560 shares. Telemus Limited Liability holds 0.08% or 14,450 shares. Aperio Gru Limited Liability owns 19,926 shares. Ivory Invest Limited Co holds 769,312 shares or 1.09% of its portfolio. Trafelet Brokaw Cap Management Ltd Partnership accumulated 237,100 shares or 7.24% of the stock. Fmr Ltd Co holds 0.05% or 11.28M shares in its portfolio. Hsbc Holdings Public Ltd holds 0% in Commscope Holding Company Inc (NASDAQ:COMM) or 42,409 shares. Cadence Capital Mngmt Ltd Company accumulated 51,405 shares. Gotham Asset Mgmt Limited Liability stated it has 356,301 shares. Moreover, Ny State Teachers Retirement Systems has 0% invested in Commscope Holding Company Inc (NASDAQ:COMM) for 11,300 shares.

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