NeoPhotonics (NPTN) EPS Estimated At $-0.31; Frontfour Capital Group Has Cut By $2.64 Million Its Grace W R & Co Del New (GRA) Holding

April 20, 2018 - By Vivian Currie

W. R. Grace & Co. (NYSE:GRA) Logo

Analysts expect NeoPhotonics Corporation (NYSE:NPTN) to report $-0.31 EPS on May, 4.They anticipate $0.01 EPS change or 3.33% from last quarter’s $-0.3 EPS. After having $-0.31 EPS previously, NeoPhotonics Corporation’s analysts see 0.00% EPS growth. The stock decreased 0.99% or $0.06 during the last trading session, reaching $6.01. About 828,596 shares traded. NeoPhotonics Corporation (NYSE:NPTN) has declined 34.12% since April 20, 2017 and is downtrending. It has underperformed by 45.67% the S&P500.

Frontfour Capital Group Llc decreased Grace W R & Co Del New (GRA) stake by 37.52% reported in 2017Q4 SEC filing. Frontfour Capital Group Llc sold 37,676 shares as Grace W R & Co Del New (GRA)’s stock declined 13.01%. The Frontfour Capital Group Llc holds 62,743 shares with $4.40M value, down from 100,419 last quarter. Grace W R & Co Del New now has $4.41 billion valuation. The stock decreased 5.79% or $4.025 during the last trading session, reaching $65.455. About 1.16 million shares traded or 41.67% up from the average. W. R. Grace & Co. (NYSE:GRA) has declined 11.43% since April 20, 2017 and is downtrending. It has underperformed by 22.98% the S&P500.

Frontfour Capital Group Llc increased Sinclair Broadcast Group Inc (NASDAQ:SBGI) stake by 21,327 shares to 104,974 valued at $3.97 million in 2017Q4. It also upped Pq Group Hldgs Inc stake by 316,672 shares and now owns 365,861 shares. Cabot Corp (NYSE:CBT) was raised too.

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.13, from 1.21 in 2017Q3. It increased, as 24 investors sold GRA shares while 68 reduced holdings. 37 funds opened positions while 86 raised stakes. 56.69 million shares or 0.57% more from 56.37 million shares in 2017Q3 were reported. Eaton Vance Mngmt invested in 0% or 12,108 shares. 88,851 were accumulated by Engineers Gate Manager L P. Los Angeles & Equity Rech has invested 0.02% in W. R. Grace & Co. (NYSE:GRA). Stevens Capital Management LP has 0.19% invested in W. R. Grace & Co. (NYSE:GRA). Cubist Systematic Strategies Limited Liability Corporation, a Connecticut-based fund reported 16,612 shares. Strs Ohio holds 85,746 shares. Utah Retirement System holds 0.02% or 12,711 shares. Pub Employees Retirement Of Ohio has invested 0.01% in W. R. Grace & Co. (NYSE:GRA). Shell Asset Management Co invested 0.01% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Hudock Ltd Llc holds 555 shares. Castleark Mngmt Llc invested in 0.1% or 48,745 shares. Putnam Invs Ltd Liability holds 0.3% or 1.91M shares. Nbt National Bank N A Ny accumulated 5,500 shares. Cibc Asset Mngmt reported 7,237 shares. Brown Advisory accumulated 10,585 shares or 0% of the stock.

Since February 13, 2018, it had 3 buys, and 0 insider sales for $660,474 activity. Blaser Thomas E bought $346,196 worth of stock or 5,300 shares. $65,758 worth of W. R. Grace & Co. (NYSE:GRA) was bought by Cole Keith N. 3,700 shares valued at $248,520 were bought by Brown Elizabeth C on Friday, February 16.

Among 16 analysts covering W. R. Grace & Co (NYSE:GRA), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. W. R. Grace & Co had 33 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “” rating given on Wednesday, April 26 by Susquehanna. Monness Crespi maintained the shares of GRA in report on Thursday, April 28 with “Buy” rating. The firm has “Neutral” rating by Seaport Global Securities given on Tuesday, September 13. The rating was initiated by Cantor Fitzgerald with “Hold” on Monday, November 30. The firm earned “Buy” rating on Wednesday, January 27 by Goldman Sachs. The company was maintained on Wednesday, July 19 by Jefferies. The firm earned “Neutral” rating on Monday, March 14 by Goldman Sachs. BB&T Capital initiated W. R. Grace & Co. (NYSE:GRA) on Thursday, December 10 with “Hold” rating. The stock of W. R. Grace & Co. (NYSE:GRA) has “Outperform” rating given on Thursday, March 24 by Credit Suisse. The rating was initiated by Vertical Research with “Buy” on Friday, May 26.

Analysts await W. R. Grace & Co. (NYSE:GRA) to report earnings on April, 25 before the open. They expect $0.71 earnings per share, up 4.41% or $0.03 from last year’s $0.68 per share. GRA’s profit will be $47.88M for 23.05 P/E if the $0.71 EPS becomes a reality. After $0.98 actual earnings per share reported by W. R. Grace & Co. for the previous quarter, Wall Street now forecasts -27.55% negative EPS growth.

NeoPhotonics Corporation develops, manufactures, and sells hybrid photonic integrated optoelectronic products that transmit, receive, and switch high speed digital optical signals for communications networks. The company has market cap of $266.11 million. It offers high speed products, including transmitter, receiver, and switching products for 100G and optical transmission applications over distances of 2 to 2,000 kilometers; and optical components for coherent systems, including narrow linewidth tunable transmit and local oscillator lasers (NLW-ITLA) that generates ultra-pure wavelength or color for coherent transmission, as well as integrated coherent receivers (ICRs), which decodes the phase and polarization encoded coherent signals. It currently has negative earnings. The firm also engages in developing pluggable coherent modules that combine NLW-ITLA with ICR and a coherent modulator; and offers 100G products for the client side and datacenter applications.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.52, from 1.36 in 2017Q3. It dived, as 15 investors sold NeoPhotonics Corporation shares while 30 reduced holdings. 12 funds opened positions while 26 raised stakes. 27.37 million shares or 5.69% less from 29.02 million shares in 2017Q3 were reported. Invesco has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). 9,859 are held by Jpmorgan Chase. Vanguard Group Inc holds 0% or 1.75 million shares in its portfolio. Rhumbline Advisers invested in 0% or 33,310 shares. Susquehanna Interest Grp Ltd Liability Partnership holds 0% of its portfolio in NeoPhotonics Corporation (NYSE:NPTN) for 385,444 shares. Granite Point L P holds 0.25% or 388,000 shares. Walleye Trading Ltd Liability Corporation accumulated 86,570 shares. Barclays Public Limited Co holds 0% or 18,823 shares in its portfolio. California State Teachers Retirement Sys owns 51,972 shares for 0% of their portfolio. 2.17 million were accumulated by Wellington Management Grp Inc Llp. Credit Suisse Ag holds 0% or 10,285 shares in its portfolio. Tower Rech Limited Liability Corporation (Trc) has 0% invested in NeoPhotonics Corporation (NYSE:NPTN). Alliancebernstein L P stated it has 0% in NeoPhotonics Corporation (NYSE:NPTN). State Street Corporation has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Company Of Vermont has invested 0% in NeoPhotonics Corporation (NYSE:NPTN).

Among 11 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. NeoPhotonics had 34 analyst reports since August 7, 2015 according to SRatingsIntel. Raymond James upgraded the stock to “Strong Buy” rating in Wednesday, February 3 report. Needham maintained it with “Strong Buy” rating and $17 target in Tuesday, December 20 report. The rating was downgraded by Raymond James on Friday, November 6 to “Outperform”. Raymond James maintained it with “Outperform” rating and $7 target in Thursday, August 24 report. Raymond James downgraded the shares of NPTN in report on Thursday, October 5 to “Mkt Perform” rating. The stock has “Buy” rating by Cowen & Co on Friday, September 29. Northland Capital maintained the stock with “Outperform” rating in Monday, December 7 report. B. Riley & Co maintained NeoPhotonics Corporation (NYSE:NPTN) on Tuesday, November 7 with “Neutral” rating. Rosenblatt maintained the shares of NPTN in report on Friday, March 9 with “Buy” rating. Northland Capital maintained it with “Buy” rating and $10.0 target in Friday, November 3 report.

W. R. Grace & Co. (NYSE:GRA) Institutional Positions Chart

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