$0.33 EPS Expected for Exchange Income (EIF); Blackrock Has Trimmed Flagstar Bancorp (FBC) Position

April 17, 2018 - By Nellie Frank

Exchange Income Corporation (TSE:EIF) Logo

Analysts expect Exchange Income Corporation (TSE:EIF) to report $0.33 EPS on May, 8.They anticipate $0.08 EPS change or 32.00% from last quarter’s $0.25 EPS. T_EIF’s profit would be $10.36M giving it 24.03 P/E if the $0.33 EPS is correct. After having $0.72 EPS previously, Exchange Income Corporation’s analysts see -54.17% EPS growth. The stock increased 1.21% or $0.38 during the last trading session, reaching $31.72. About 13,973 shares traded. Exchange Income Corporation (TSE:EIF) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Blackrock Inc decreased Flagstar Bancorp Inc (FBC) stake by 1.33% reported in 2017Q4 SEC filing. Blackrock Inc sold 21,256 shares as Flagstar Bancorp Inc (FBC)’s stock declined 6.61%. The Blackrock Inc holds 1.58M shares with $59.02 million value, down from 1.60 million last quarter. Flagstar Bancorp Inc now has $1.91 billion valuation. The stock decreased 0.69% or $0.23 during the last trading session, reaching $33.27. About 110,080 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has risen 29.09% since April 17, 2017 and is uptrending. It has outperformed by 17.54% the S&P500.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.17, from 1.08 in 2017Q3. It dropped, as 13 investors sold FBC shares while 44 reduced holdings. 16 funds opened positions while 36 raised stakes. 55.63 million shares or 0.29% less from 55.79 million shares in 2017Q3 were reported. National Bank & Trust Of Montreal Can stated it has 1,072 shares. Michigan-based Usa Portformulas has invested 0.07% in Flagstar Bancorp, Inc. (NYSE:FBC). Rbf Ltd Llc invested in 0.06% or 15,000 shares. Jacobs Levy Equity Management owns 67,142 shares for 0.04% of their portfolio. Piermont Cap Mngmt Inc holds 0.76% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC) for 61,908 shares. Moreover, Gsa Capital Prtnrs Ltd Liability Partnership has 0.05% invested in Flagstar Bancorp, Inc. (NYSE:FBC). 331,124 were reported by Lsv Asset. Ameriprise Financial reported 0.01% in Flagstar Bancorp, Inc. (NYSE:FBC). Morgan Stanley reported 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC). Swiss Bancorp reported 40,600 shares or 0% of all its holdings. Alliancebernstein Lp owns 0% invested in Flagstar Bancorp, Inc. (NYSE:FBC) for 35,500 shares. Pennsylvania-based Schneider Mngmt has invested 0.09% in Flagstar Bancorp, Inc. (NYSE:FBC). Moreover, Pub Employees Retirement Systems Of Ohio has 0.01% invested in Flagstar Bancorp, Inc. (NYSE:FBC). Moreover, Bank & Trust Of America De has 0% invested in Flagstar Bancorp, Inc. (NYSE:FBC). Panagora Asset Management Inc accumulated 326,312 shares or 0.05% of the stock.

Among 10 analysts covering Flagstar Bancorp (NYSE:FBC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Flagstar Bancorp had 33 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, July 27 by PiperJaffray. Wedbush maintained the shares of FBC in report on Thursday, April 12 with “Outperform” rating. The rating was maintained by FBR Capital with “Buy” on Wednesday, February 21. The firm earned “Overweight” rating on Monday, February 13 by Piper Jaffray. The firm has “Buy” rating given on Tuesday, February 9 by Sandler O’Neill. Wood downgraded the shares of FBC in report on Monday, November 2 to “Market Perform” rating. FBR Capital maintained the shares of FBC in report on Tuesday, November 14 with “Buy” rating. FBR Capital maintained Flagstar Bancorp, Inc. (NYSE:FBC) on Wednesday, July 29 with “Outperform” rating. On Friday, March 24 the stock rating was initiated by Stephens with “Equal Weight”. FBR Capital maintained Flagstar Bancorp, Inc. (NYSE:FBC) rating on Wednesday, December 27. FBR Capital has “Buy” rating and $42.0 target.

Analysts await Flagstar Bancorp, Inc. (NYSE:FBC) to report earnings on April, 24 before the open. They expect $0.52 earnings per share, up 13.04% or $0.06 from last year’s $0.46 per share. FBC’s profit will be $29.82 million for 16.00 P/E if the $0.52 EPS becomes a reality. After $0.60 actual earnings per share reported by Flagstar Bancorp, Inc. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Blackrock Inc increased Tupperware Brands Corp (NYSE:TUP) stake by 110,580 shares to 8.21 million valued at $514.89M in 2017Q4. It also upped Tocagen Inc stake by 285,396 shares and now owns 1.07 million shares. Magna Intl Inc (NYSE:MGA) was raised too.

Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company has market cap of $996.26 million. It operates through two divisions, Aerospace & Aviation, and Manufacturing. It has a 14.06 P/E ratio. The Aerospace & Aviation segment scheduled airline and charter services, and emergency medical services to communities located in Manitoba, Ontario, and Nunavut; and scheduled airline and charter service in Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia.

Among 7 analysts covering Exchange Income Corporation (TSE:EIF), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Exchange Income Corporation had 57 analyst reports since August 14, 2015 according to SRatingsIntel. EdgeCrest maintained the stock with “Strong Buy” rating in Friday, August 14 report. As per Friday, February 24, the company rating was maintained by Scotia Capital. The firm earned “Outperform” rating on Wednesday, August 19 by Raymond James. The company was upgraded on Friday, February 24 by Raymond James. The stock has “Outperform” rating by National Bank Canada on Friday, August 14. The firm has “Outperform” rating given on Thursday, December 21 by National Bank Canada. As per Friday, August 14, the company rating was maintained by Scotia Capital. TD Securities initiated the shares of EIF in report on Thursday, October 29 with “Buy” rating. RBC Capital Markets maintained Exchange Income Corporation (TSE:EIF) on Tuesday, May 2 with “Sector Perform” rating. The stock has “Outperform” rating by National Bank Canada on Thursday, November 26.

Flagstar Bancorp, Inc. (NYSE:FBC) Institutional Positions Chart

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