U S Global Investors Has Trimmed Position in Exxon Mobil (Call) (XOM) as Shares Rose; New Amsterdam Partners Increased Its American Eqty Invt Life Hld (AEL) Holding by $2.29 Million

November 15, 2017 - By Maria Brooks

New Amsterdam Partners Llc increased its stake in American Eqty Invt Life Hld (AEL) by 52.67% based on its latest 2017Q2 regulatory filing with the SEC. New Amsterdam Partners Llc bought 88,052 shares as the company’s stock declined 9.73% while stock markets rallied. The institutional investor held 255,244 shares of the life insurance company at the end of 2017Q2, valued at $6.71M, up from 167,192 at the end of the previous reported quarter. New Amsterdam Partners Llc who had been investing in American Eqty Invt Life Hld for a number of months, seems to be bullish on the $2.54B market cap company. It closed at $28.5 lastly. It is down 64.86% since November 15, 2016 and is uptrending. It has outperformed by 48.16% the S&P500.

U S Global Investors Inc decreased its stake in Exxon Mobil Corp (Call) (XOM) by 4.74% based on its latest 2017Q2 regulatory filing with the SEC. U S Global Investors Inc sold 100 shares as the company’s stock rose 0.21% with the market. The institutional investor held 2,010 shares of the integrated oil company at the end of 2017Q2, valued at $16.23 million, down from 2,110 at the end of the previous reported quarter. U S Global Investors Inc who had been investing in Exxon Mobil Corp (Call) for a number of months, seems to be less bullish one the $348.46B market cap company. The stock declined 0.54% or $0.44 reaching $81.8 per share. About 113,108 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 15, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Among 10 analysts covering American Equity Investment Life (NYSE:AEL), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. American Equity Investment Life had 31 analyst reports since August 10, 2015 according to SRatingsIntel. On Wednesday, April 26 the stock rating was initiated by Keefe Bruyette & Woods with “Mkt Perform”. The stock of American Equity Investment Life Holding (NYSE:AEL) earned “Outperform” rating by FBR Capital on Monday, December 7. The stock of American Equity Investment Life Holding (NYSE:AEL) earned “Buy” rating by RBC Capital Markets on Monday, October 9. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, February 11 report. The stock of American Equity Investment Life Holding (NYSE:AEL) earned “Hold” rating by Sandler O’Neill on Thursday, April 7. Citigroup initiated American Equity Investment Life Holding (NYSE:AEL) rating on Wednesday, October 14. Citigroup has “Buy” rating and $29 target. The rating was upgraded by JP Morgan on Monday, June 6 to “Overweight”. The stock of American Equity Investment Life Holding (NYSE:AEL) has “Hold” rating given on Tuesday, August 15 by Keefe Bruyette & Woods. The rating was maintained by FBR Capital with “Outperform” on Monday, February 13. The company was maintained on Tuesday, September 5 by RBC Capital Markets.

Investors sentiment decreased to 1.27 in Q2 2017. Its down 0.31, from 1.58 in 2017Q1. It worsened, as 23 investors sold AEL shares while 62 reduced holdings. 33 funds opened positions while 75 raised stakes. 81.11 million shares or 0.63% less from 81.63 million shares in 2017Q1 were reported. Grantham Mayo Van Otterloo Comm Llc holds 0% or 32,492 shares in its portfolio. Credit Suisse Ag owns 57,341 shares. Earnest Prtn Lc holds 0.74% or 2.66 million shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in American Equity Investment Life Holding (NYSE:AEL) for 41,143 shares. Northern Trust Corp invested 0.02% in American Equity Investment Life Holding (NYSE:AEL). Hexavest Inc reported 0% in American Equity Investment Life Holding (NYSE:AEL). Moreover, Thrivent Fincl For Lutherans has 0.01% invested in American Equity Investment Life Holding (NYSE:AEL). Jpmorgan Chase stated it has 0.01% of its portfolio in American Equity Investment Life Holding (NYSE:AEL). Nj State Employees Deferred Compensation Plan holds 80,000 shares or 0.4% of its portfolio. Cna Financial holds 0.36% or 57,604 shares. Virginia Retirement Et Al accumulated 0.03% or 101,700 shares. Cornerstone Capital Management Ltd Liability accumulated 0% or 9,900 shares. Convergence Limited Liability has invested 0.06% in American Equity Investment Life Holding (NYSE:AEL). Susquehanna Intl Ltd Liability Partnership holds 31,138 shares. The New York-based Mufg Americas Corporation has invested 0% in American Equity Investment Life Holding (NYSE:AEL).

More notable recent American Equity Investment Life Holding (NYSE:AEL) news were published by: Seekingalpha.com which released: “American Equity Investment Life Holding’s (AEL) CEO John Matovina on Q3 2017 …” on November 07, 2017, also Businesswire.com with their article: “American Equity Schedules Third Quarter 2017 Earnings Release, Conference Call …” published on October 10, 2017, Seekingalpha.com published: “American Equity Demonstrates Continued Momentum In 3Q17 Despite Revenue Headwinds” on November 07, 2017. More interesting news about American Equity Investment Life Holding (NYSE:AEL) were released by: Insurancenewsnet.com and their article: “American Equity Rides Accumulation FIAs to Strong Quarter” published on November 09, 2017 as well as Seekingalpha.com‘s news article titled: “The Cheapest Dividend Achiever: American Equity Investment Life” with publication date: July 19, 2017.

New Amsterdam Partners Llc, which manages about $470.46 million US Long portfolio, decreased its stake in Alliance Data Systems Corp (NYSE:ADS) by 1,277 shares to 910 shares, valued at $234,000 in 2017Q2, according to the filing. It also reduced its holding in Primerica Inc (NYSE:PRI) by 37,085 shares in the quarter, leaving it with 135,645 shares, and cut its stake in Homestreet Inc (NASDAQ:HMST).

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 EPS, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.22B for 20.66 P/E if the $0.99 EPS becomes a reality. After $0.93 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Among 25 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 6 Sell and 10 Hold. Therefore 36% are positive. Exxon Mobil had 75 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital upgraded the shares of XOM in report on Monday, October 12 to “Equal-Weight” rating. As per Tuesday, November 7, the company rating was downgraded by HSBC. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Thursday, August 6 by TD Securities. The firm has “Underweight” rating by Barclays Capital given on Thursday, September 3. Bank of America upgraded the shares of XOM in report on Thursday, May 11 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $9600 target in Tuesday, June 13 report. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Monday, June 26 by BMO Capital Markets. The firm earned “Neutral” rating on Friday, July 21 by Citigroup. The firm earned “Sell” rating on Thursday, January 19 by UBS. Barclays Capital maintained the shares of XOM in report on Tuesday, January 12 with “Equal Weight” rating.

Investors sentiment decreased to 0.85 in Q2 2017. Its down 0.04, from 0.89 in 2017Q1. It dived, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Godsey & Gibb Associate stated it has 0.37% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Moneta Gp Advsr accumulated 29,431 shares. Timucuan Asset Management Fl accumulated 3,985 shares. The California-based Bailard has invested 0.21% in Exxon Mobil Corporation (NYSE:XOM). Fiduciary Fincl Svcs Of The Southwest Inc Tx reported 1.56% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Cypress Capital Ltd Company holds 2% in Exxon Mobil Corporation (NYSE:XOM) or 103,809 shares. Bancshares Of America De reported 0.67% stake. Carlson Capital Mgmt has invested 0.28% in Exxon Mobil Corporation (NYSE:XOM). Premier Asset Management Ltd Liability holds 2.54% or 136,571 shares in its portfolio. The Maryland-based Montgomery Investment has invested 0.83% in Exxon Mobil Corporation (NYSE:XOM). Bnp Paribas Arbitrage has invested 0.83% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Guardian Trust has invested 0.19% in Exxon Mobil Corporation (NYSE:XOM). Goelzer Investment Management holds 1.45% or 146,127 shares in its portfolio. Wills Gru has invested 4.31% in Exxon Mobil Corporation (NYSE:XOM). Sfmg Limited Liability has 0.58% invested in Exxon Mobil Corporation (NYSE:XOM) for 34,410 shares.

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