Clark Capital Management Group Has Cut Corning (GLW) Holding By $2.52 Million; United Community Financial Has 1.47 Sentiment

February 19, 2018 - By wolcottdaily

Clark Capital Management Group Inc decreased Corning Inc (GLW) stake by 11.43% reported in 2017Q3 SEC filing. Clark Capital Management Group Inc sold 86,993 shares as Corning Inc (GLW)’s stock rose 5.06%. The Clark Capital Management Group Inc holds 674,098 shares with $20.17M value, down from 761,091 last quarter. Corning Inc now has $25.29B valuation. The stock decreased 0.24% or $0.07 during the last trading session, reaching $29.47. About 9.89 million shares traded or 52.53% up from the average. Corning Incorporated (NYSE:GLW) has risen 53.38% since February 19, 2017 and is uptrending. It has outperformed by 36.68% the S&P500.

United Community Financial Corp. operates as the holding firm for The Home Savings and Loan Company of Youngstown that provides consumer and business banking services. The company has market cap of $482.56 million. The firm offers various deposit instruments, including regular savings accounts, demand deposits, individual retirement accounts, checking accounts, money market accounts, and certificates of deposit. It has a 22.17 P/E ratio. It provides commercial loans, such as multifamily loans; nonresidential real estate loans comprising retail centers, office buildings, and industrial buildings; land loans; loans for the construction of multifamily properties, nonresidential real estate projects, and to builders; and secured and unsecured loans, including traditional lines of credit, revolving lines of credit, and term loans.

Since January 1, 0001, it had 0 buys, and 5 insider sales for $885,005 activity.

Elizabeth Park Capital Advisors Ltd. holds 4.13% of its portfolio in United Community Financial Corp. for 1.11 million shares. Clover Partners L.P. owns 876,172 shares or 3.38% of their US portfolio. Moreover, Fj Capital Management Llc has 2.22% invested in the company for 1.91 million shares. The New York-based Maltese Capital Management Llc has invested 0.98% in the stock. Investors Asset Management Of Georgia Inc Ga Adv, a Georgia-based fund reported 107,774 shares.

The stock increased 1.36% or $0.13 during the last trading session, reaching $9.69. About 58,883 shares traded. United Community Financial Corp. (UCFC) has risen 35.59% since February 19, 2017 and is uptrending. It has outperformed by 18.89% the S&P500.

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Corning Incorporated had 45 analyst reports since July 30, 2015 according to SRatingsIntel. Susquehanna maintained the stock with “Buy” rating in Friday, July 14 report. The firm has “Neutral” rating by Goldman Sachs given on Friday, September 25. The firm earned “Neutral” rating on Thursday, December 17 by JP Morgan. Citigroup maintained Corning Incorporated (NYSE:GLW) on Friday, August 26 with “Buy” rating. The firm earned “Neutral” rating on Monday, April 3 by Citigroup. The stock of Corning Incorporated (NYSE:GLW) has “Hold” rating given on Thursday, August 31 by Jefferies. As per Friday, July 21, the company rating was maintained by Stifel Nicolaus. As per Friday, October 9, the company rating was initiated by Drexel Hamilton. Goldman Sachs maintained Corning Incorporated (NYSE:GLW) rating on Wednesday, November 2. Goldman Sachs has “Buy” rating and $27 target. The firm earned “Buy” rating on Wednesday, October 25 by Deutsche Bank.

Since August 24, 2017, it had 1 insider purchase, and 7 sales for $11.79 million activity. $7.81M worth of Corning Incorporated (NYSE:GLW) was sold by WEEKS WENDELL P on Tuesday, October 31. Pambianchi Christine M sold 33,000 shares worth $942,619. The insider McRae Lawrence D sold 48,125 shares worth $1.38M. $205,778 worth of Corning Incorporated (NYSE:GLW) was sold by TOOKES HANSEL E II. $945,178 worth of Corning Incorporated (NYSE:GLW) shares were sold by Musser Eric S. $887,931 worth of Corning Incorporated (NYSE:GLW) shares were bought by CANNING JOHN A JR. Kinlin Clark S also sold $1.33 million worth of Corning Incorporated (NYSE:GLW) shares.

Clark Capital Management Group Inc increased Abbvie Inc (NYSE:ABBV) stake by 31,056 shares to 586,762 valued at $52.14 million in 2017Q3. It also upped Ishares Tr (QUAL) stake by 339,995 shares and now owns 355,998 shares. Coca Cola Co (NYSE:KO) was raised too.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.17, from 0.92 in 2017Q2. It dropped, as 64 investors sold GLW shares while 339 reduced holdings. 66 funds opened positions while 235 raised stakes. 610.60 million shares or 2.66% less from 627.26 million shares in 2017Q2 were reported. Huber Capital Mngmt Limited Liability Corp invested in 0% or 800 shares. Pillar Pacific Management Limited Liability Co holds 0.33% or 84,607 shares in its portfolio. State Treasurer State Of Michigan invested in 0.07% or 274,069 shares. 61,731 are held by Lvm Cap Limited Mi. Ahl Prtnrs Limited Liability Partnership has 184,671 shares for 0.1% of their portfolio. Veritable LP owns 59,737 shares. Fort Washington Advisors Oh reported 6,750 shares. F&V Capital Mngmt Ltd accumulated 5.25% or 299,855 shares. Buffington Mohr Mcneal holds 12,725 shares. Northern Tru Corp reported 11.06M shares or 0.09% of all its holdings. Westpac Corporation has invested 0.04% in Corning Incorporated (NYSE:GLW). Hendley And Co has 120,427 shares for 1.97% of their portfolio. Argyle Management holds 0.51% or 43,650 shares. Ftb Inc holds 0.03% or 10,404 shares in its portfolio. Smithfield Trust Company, a Pennsylvania-based fund reported 2,567 shares.

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