Kennedy Capital Management Holding in Education Realty Trust (EDR) Trimmed by $635,494 as Shares Declined; Paragon Associates & Paragon Associates Ii Joint Venture Boosted Its Occidental Pete Del (OXY) Holding by $5.48 Million; Valuation Declined

April 17, 2018 - By Linda Rogers

Occidental Petroleum Corporation (NYSE:OXY) Logo

Paragon Associates & Paragon Associates Ii Joint Venture increased its stake in Occidental Pete Corp Del (OXY) by 100% based on its latest 2017Q4 regulatory filing with the SEC. Paragon Associates & Paragon Associates Ii Joint Venture bought 75,000 shares as the company’s stock declined 9.82% with the market. The institutional investor held 150,000 shares of the oil & gas production company at the end of 2017Q4, valued at $11.05M, up from 75,000 at the end of the previous reported quarter. Paragon Associates & Paragon Associates Ii Joint Venture who had been investing in Occidental Pete Corp Del for a number of months, seems to be bullish on the $57.46 billion market cap company. The stock increased 0.17% or $0.13 during the last trading session, reaching $75.04. About 1.90M shares traded. Occidental Petroleum Corporation (NYSE:OXY) has risen 4.69% since April 17, 2017 and is uptrending. It has underperformed by 6.86% the S&P500.

Kennedy Capital Management Inc decreased its stake in Education Realty Trust Inc (EDR) by 2.47% based on its latest 2017Q4 regulatory filing with the SEC. Kennedy Capital Management Inc sold 18,691 shares as the company’s stock declined 8.62% with the market. The institutional investor held 737,606 shares of the real estate investment trusts company at the end of 2017Q4, valued at $25.76M, down from 756,297 at the end of the previous reported quarter. Kennedy Capital Management Inc who had been investing in Education Realty Trust Inc for a number of months, seems to be less bullish one the $2.51B market cap company. The stock increased 0.83% or $0.27 during the last trading session, reaching $32.95. About 265,553 shares traded. Education Realty Trust, Inc. (NYSE:EDR) has declined 20.25% since April 17, 2017 and is downtrending. It has underperformed by 31.80% the S&P500.

Kennedy Capital Management Inc, which manages about $5.67B and $5.58B US Long portfolio, upped its stake in Connectone Bancorp Inc (NASDAQ:CNOB) by 41,771 shares to 194,371 shares, valued at $5.01 million in 2017Q4, according to the filing. It also increased its holding in Umpqua Holdings Corporation (NASDAQ:UMPQ) by 192,323 shares in the quarter, for a total of 1.24M shares, and has risen its stake in Daseke Inc.

Investors sentiment decreased to 1.36 in Q4 2017. Its down 0.36, from 1.72 in 2017Q3. It worsened, as 27 investors sold EDR shares while 61 reduced holdings. 31 funds opened positions while 89 raised stakes. 78.96 million shares or 2.56% less from 81.03 million shares in 2017Q3 were reported. Eii Mgmt Incorporated accumulated 0.08% or 5,442 shares. Huntington Bank has invested 0% in Education Realty Trust, Inc. (NYSE:EDR). 4,203 are owned by Kbc Grp Inc Nv. Natixis holds 0% of its portfolio in Education Realty Trust, Inc. (NYSE:EDR) for 5,869 shares. Nuveen Asset Management Ltd Liability accumulated 288,264 shares or 0.06% of the stock. Teachers Retirement System Of The State Of Kentucky has 12,460 shares. 51,206 were reported by Texas Permanent School Fund. Macquarie Grp Incorporated invested in 0.06% or 1.01M shares. Ameritas Prtn reported 29,025 shares. Wellington Mngmt Gru Llp accumulated 3.25M shares. Rafferty Asset Llc holds 87,733 shares or 0.05% of its portfolio. Vanguard Gru Inc Inc invested in 11.90 million shares. 55,275 were accumulated by Spirit Of America New York. California State Teachers Retirement Systems invested in 0.01% or 120,013 shares. Commonwealth Of Pennsylvania School Empls Retrmt System reported 11,065 shares.

Analysts await Education Realty Trust, Inc. (NYSE:EDR) to report earnings on April, 30 before the open. They expect $0.55 earnings per share, down 8.33% or $0.05 from last year’s $0.6 per share. EDR’s profit will be $41.83 million for 14.98 P/E if the $0.55 EPS becomes a reality. After $0.59 actual earnings per share reported by Education Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -6.78% negative EPS growth.

Among 16 analysts covering Education Realty Trust (NYSE:EDR), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Education Realty Trust had 51 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, June 7 report. The company was maintained on Tuesday, October 31 by Robert W. Baird. The firm earned “Buy” rating on Monday, September 25 by Robert W. Baird. The firm has “Buy” rating by FBR Capital given on Thursday, June 22. The firm has “Buy” rating given on Tuesday, January 2 by FBR Capital. FBR Capital initiated the stock with “Outperform” rating in Thursday, April 7 report. The company was maintained on Thursday, February 22 by Robert W. Baird. As per Thursday, September 17, the company rating was initiated by JMP Securities. Canaccord Genuity initiated the shares of EDR in report on Thursday, July 23 with “Buy” rating. The firm earned “Outperform” rating on Monday, October 2 by Robert W. Baird.

Among 22 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 6 have Buy rating, 1 Sell and 15 Hold. Therefore 27% are positive. Occidental Petroleum Corporation had 90 analyst reports since August 3, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of OXY in report on Thursday, October 29 with “Sector Perform” rating. The rating was maintained by Oppenheimer with “Outperform” on Monday, August 3. The firm has “Hold” rating given on Thursday, August 24 by Piper Jaffray. Barclays Capital maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Wednesday, October 11. Barclays Capital has “Underweight” rating and $40 target. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned “Hold” rating by Jefferies on Thursday, June 22. On Monday, May 9 the stock rating was downgraded by JP Morgan to “Neutral”. Cowen & Co maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Tuesday, July 18. Cowen & Co has “Buy” rating and $7500 target. The stock has “Buy” rating by Mizuho on Thursday, October 6. The stock of Occidental Petroleum Corporation (NYSE:OXY) has “Hold” rating given on Friday, July 28 by Jefferies. The firm has “Hold” rating given on Monday, November 6 by BMO Capital Markets.

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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