As Peoples Bk Bridgeport Com (PBCT) Stock Price Declined, Orleans Capital Management Has Trimmed Position by $451,206; As Westmoreland Coal Co (WLB) Stock Declined, Shareholder Venor Capital Management LP Trimmed Holding by $577,600

February 15, 2018 - By Adrian Mccoy

Orleans Capital Management Corp decreased its stake in Peoples Bk Bridgeport Com (PBCT) by 29.02% based on its latest 2017Q3 regulatory filing with the SEC. Orleans Capital Management Corp sold 25,067 shares as the company’s stock declined 12.61% while stock markets rallied. The institutional investor held 61,300 shares of the finance company at the end of 2017Q3, valued at $1.11M, down from 86,367 at the end of the previous reported quarter. Orleans Capital Management Corp who had been investing in Peoples Bk Bridgeport Com for a number of months, seems to be less bullish one the $6.71B market cap company. The stock increased 0.74% or $0.145 during the last trading session, reaching $19.725. About 1.96M shares traded. People's United Financial, Inc. (NASDAQ:PBCT) has risen 9.82% since February 15, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

Jeffrey Bersh decreased its stake in Westmoreland Coal Co (WLB) by 31.2% based on its latest 2017Q3 regulatory filing with the SEC. Venor Capital Management Lp sold 288,800 shares as the company’s stock declined 58.89% while stock markets rallied. The hedge fund run by Jeffrey Bersh held 636,850 shares of the coal mining company at the end of 2017Q3, valued at $1.62 million, down from 925,650 at the end of the previous reported quarter. Venor Capital Management Lp who had been investing in Westmoreland Coal Co for a number of months, seems to be less bullish one the $10.18M market cap company. The stock decreased 1.34% or $0.01 during the last trading session, reaching $0.54. About 590,765 shares traded or 45.97% up from the average. Westmoreland Coal Company (NASDAQ:WLB) has declined 0.28% since February 15, 2017 and is downtrending. It has underperformed by 16.98% the S&P500.

Analysts await Westmoreland Coal Company (NASDAQ:WLB) to report earnings on March, 27. They expect $0.75 earnings per share, up 282.93% or $1.16 from last year’s $-0.41 per share. WLB’s profit will be $14.14M for 0.18 P/E if the $0.75 EPS becomes a reality. After $-1.03 actual earnings per share reported by Westmoreland Coal Company for the previous quarter, Wall Street now forecasts -172.82% EPS growth.

Among 4 analysts covering Westmoreland Coal (NASDAQ:WLB), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Westmoreland Coal had 12 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, August 3 by BMO Capital Markets. The stock has “Outperform” rating by BMO Capital Markets on Tuesday, September 1. The stock has “Outperform” rating by FBR Capital on Friday, September 18. The firm has “Outperform” rating given on Monday, November 16 by FBR Capital. On Wednesday, November 9 the stock rating was maintained by FBR Capital with “Outperform”. The firm earned “Outperform” rating on Thursday, October 13 by FBR Capital. On Tuesday, February 9 the stock rating was downgraded by ForwardView Consulting to “Speculative Buy”. On Friday, September 4 the stock rating was initiated by BMO Capital Markets with “Outperform”. The firm earned “Buy” rating on Friday, June 23 by FBR Capital. On Friday, November 4 the stock rating was initiated by Seaport Global Securities with “Buy”.

Investors sentiment decreased to 0.61 in Q3 2017. Its down 0.35, from 0.96 in 2017Q2. It worsened, as 23 investors sold WLB shares while 26 reduced holdings. 9 funds opened positions while 21 raised stakes. 11.85 million shares or 16.62% less from 14.21 million shares in 2017Q2 were reported. Edge Wealth Ltd Liability Corp reported 50,000 shares stake. Balyasny Asset Mgmt Ltd Limited Liability Company stated it has 11,433 shares. Strs Ohio has 0% invested in Westmoreland Coal Company (NASDAQ:WLB) for 76,700 shares. 636,850 are held by Venor Capital Mngmt Lp. Ny State Common Retirement Fund owns 16,100 shares. Voya Inv Mgmt Ltd Liability Com reported 12,010 shares. Vanguard Group Inc Inc reported 875,996 shares stake. Nationwide Fund Advsrs accumulated 11,094 shares. Dimensional Fund Advsrs Ltd Partnership reported 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB). Moreover, Parametric Port Assoc Limited Liability Com has 0% invested in Westmoreland Coal Company (NASDAQ:WLB) for 72,021 shares. Jpmorgan Chase And reported 0% in Westmoreland Coal Company (NASDAQ:WLB). State Board Of Administration Of Florida Retirement Systems stated it has 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB). Barclays Public Limited Co holds 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB) for 57,428 shares. Invesco Ltd holds 47,725 shares. 208,300 are owned by Macquarie Grp Limited.

Among 11 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 1 have Buy rating, 2 Sell and 8 Hold. Therefore 9% are positive. People’s United Financial Inc had 26 analyst reports since July 20, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 10 by Keefe Bruyette & Woods. On Monday, June 5 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. Keefe Bruyette & Woods maintained People's United Financial, Inc. (NASDAQ:PBCT) on Thursday, June 8 with “Hold” rating. The company was maintained on Wednesday, June 14 by Jefferies. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, December 21. The rating was maintained by Piper Jaffray with “Sell” on Wednesday, August 16. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Neutral” rating by Piper Jaffray on Monday, January 25. On Monday, July 10 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. PiperJaffray downgraded People's United Financial, Inc. (NASDAQ:PBCT) on Wednesday, November 16 to “Underweight” rating. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Market Perform” rating given on Friday, January 6 by Wells Fargo.

Since September 20, 2017, it had 0 buys, and 9 sales for $8.24 million activity. 43,450 shares were sold by Longobardi Sara M, worth $811,646 on Monday, October 23. Shares for $595,740 were sold by Trautmann Robert E. BARNES JOHN P sold $5.65M worth of stock or 299,309 shares. $147,825 worth of People's United Financial, Inc. (NASDAQ:PBCT) was sold by Carter George P. Franklin Jerry had sold 4,300 shares worth $85,617 on Monday, January 22. Hansen Janet M sold $205,680 worth of People's United Financial, Inc. (NASDAQ:PBCT) on Wednesday, September 20.

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.

Free Email Newsletter

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