Sandler Capital Management Cut By $1.40 Million Its Eastman Chem Co (EMN) Holding; Last Week Lancashire Holdings Limited (LON:LRE) Coverage

April 17, 2018 - By Darrin Black

Lancashire Holdings Limited (LON:LRE) Logo

Among 21 analysts covering Lancashire Holdings Ltd (LON:LRE), 7 have Buy rating, 4 Sell and 10 Hold. Therefore 33% are positive. Lancashire Holdings Ltd had 187 analyst reports since July 24, 2015 according to SRatingsIntel. Numis Securities maintained Lancashire Holdings Limited (LON:LRE) on Monday, November 2 with “Add” rating. The stock has “Neutral” rating by J.P. Morgan on Wednesday, October 28. Peel Hunt maintained the shares of LRE in report on Friday, June 9 with “Add” rating. The stock of Lancashire Holdings Limited (LON:LRE) has “Hold” rating given on Wednesday, July 27 by Peel Hunt. Bernstein maintained Lancashire Holdings Limited (LON:LRE) rating on Monday, December 7. Bernstein has “Market Perform” rating and GBX 700 target. Peel Hunt maintained the stock with “Hold” rating in Thursday, November 17 report. The firm earned “Hold” rating on Thursday, September 15 by Peel Hunt. Peel Hunt maintained Lancashire Holdings Limited (LON:LRE) on Monday, October 9 with “Add” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, September 14. The firm has “Neutral” rating by J.P. Morgan given on Monday, November 30. See Lancashire Holdings Limited (LON:LRE) latest ratings:

05/03/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 690.00 New Target: GBX 690.00 Maintain
22/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 642.00 New Target: GBX 631.00 Maintain
19/02/2018 Broker: JP Morgan Rating: Neutral Old Target: GBX 725.00 New Target: GBX 650.00 Maintain
15/02/2018 Broker: Numis Securities Rating: Add Old Target: GBX 775.00 New Target: GBX 775.00 Upgrade
15/02/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 690.00 New Target: GBX 690.00 Maintain
15/02/2018 Broker: Shore Capital Rating: Buy Maintain
02/02/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 690.00 New Target: GBX 690.00 Maintain
01/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 697.00 New Target: GBX 642.00 Maintain
18/01/2018 Broker: JP Morgan Rating: Neutral Old Target: GBX 725.00 New Target: GBX 725.00 Maintain
05/01/2018 Broker: JP Morgan Rating: Neutral Upgrade

Sandler Capital Management decreased Eastman Chem Co (EMN) stake by 15.51% reported in 2017Q4 SEC filing. Sandler Capital Management sold 15,200 shares as Eastman Chem Co (EMN)’s stock rose 13.33%. The Sandler Capital Management holds 82,800 shares with $7.67M value, down from 98,000 last quarter. Eastman Chem Co now has $15.43 billion valuation. The stock increased 0.72% or $0.77 during the last trading session, reaching $108.07. About 689,067 shares traded. Eastman Chemical Company (NYSE:EMN) has risen 34.74% since April 17, 2017 and is uptrending. It has outperformed by 23.19% the S&P500.

Analysts await Eastman Chemical Company (NYSE:EMN) to report earnings on April, 26 after the close. They expect $2.11 EPS, up 15.30% or $0.28 from last year’s $1.83 per share. EMN’s profit will be $301.22 million for 12.80 P/E if the $2.11 EPS becomes a reality. After $1.62 actual EPS reported by Eastman Chemical Company for the previous quarter, Wall Street now forecasts 30.25% EPS growth.

Sandler Capital Management increased Mimecast Ltd stake by 93,260 shares to 310,510 valued at $8.90M in 2017Q4. It also upped United Parcel Service Inc (NYSE:UPS) stake by 2,990 shares and now owns 59,000 shares. Dave & Busters Entmt Inc (NASDAQ:PLAY) was raised too.

Investors sentiment decreased to 1.17 in Q4 2017. Its down 0.01, from 1.18 in 2017Q3. It worsened, as 32 investors sold EMN shares while 187 reduced holdings. 74 funds opened positions while 182 raised stakes. 116.74 million shares or 0.76% more from 115.86 million shares in 2017Q3 were reported. Twin Capital Mngmt Incorporated holds 0.05% in Eastman Chemical Company (NYSE:EMN) or 11,432 shares. Principal Financial Grp Inc has invested 0.03% in Eastman Chemical Company (NYSE:EMN). Jefferies Grp Limited Liability Co accumulated 0% or 6,658 shares. Hendley & Com Incorporated holds 2.78% or 58,640 shares. Todd Asset Limited Liability owns 0.36% invested in Eastman Chemical Company (NYSE:EMN) for 145,555 shares. Manufacturers Life Insur The reported 381,022 shares. Rockefeller Financial Service Incorporated owns 0% invested in Eastman Chemical Company (NYSE:EMN) for 85 shares. Wilen owns 41,000 shares. Caisse De Depot Et Placement Du Quebec owns 0.01% invested in Eastman Chemical Company (NYSE:EMN) for 41,995 shares. Hsbc Holding Public Limited Company reported 0.04% stake. Artemis Invest Llp holds 0.24% or 155,500 shares. North Star Inv Mngmt, a Illinois-based fund reported 100 shares. Moreover, Olstein Cap Mngmt Lp has 0.45% invested in Eastman Chemical Company (NYSE:EMN). Boston Advsr Llc invested 0.02% in Eastman Chemical Company (NYSE:EMN). Atlantic Trust Gru Ltd Liability Com has invested 0% in Eastman Chemical Company (NYSE:EMN).

Since October 31, 2017, it had 0 insider purchases, and 10 selling transactions for $9.32 million activity. King Scott V. had sold 9,883 shares worth $996,437. $435,516 worth of stock was sold by WARMACK DAMON CARY on Wednesday, February 7. Shares for $906,268 were sold by Golden David A.. RAISBECK DAVID W also sold $406,360 worth of Eastman Chemical Company (NYSE:EMN) on Thursday, February 22. Another trade for 4,000 shares valued at $400,000 was sold by Anderson Gary E. 5,200 shares were sold by Stuckey Perry, worth $479,024 on Tuesday, October 31. 4,000 shares were sold by DEMERITT STEPHEN R, worth $399,360 on Wednesday, February 7.

Among 17 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 6 Hold. Therefore 53% are positive. Eastman Chemical Company had 58 analyst reports since July 30, 2015 according to SRatingsIntel. As per Tuesday, February 6, the company rating was maintained by Jefferies. The stock of Eastman Chemical Company (NYSE:EMN) earned “Hold” rating by RBC Capital Markets on Monday, October 9. The firm has “Buy” rating given on Tuesday, January 5 by Citigroup. The firm has “Buy” rating by Deutsche Bank given on Friday, May 26. The rating was maintained by Deutsche Bank on Thursday, August 20 with “Buy”. The stock of Eastman Chemical Company (NYSE:EMN) earned “Hold” rating by SunTrust on Friday, February 2. The firm earned “Outperform” rating on Tuesday, August 23 by Cowen & Co. Cowen & Co maintained Eastman Chemical Company (NYSE:EMN) on Monday, August 7 with “Outperform” rating. The firm has “Hold” rating given on Sunday, February 4 by RBC Capital Markets. On Tuesday, October 10 the stock rating was downgraded by Nomura to “Neutral”.

Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide. The company has market cap of 1.18 billion GBP. The firm operates through five divisions: Property, Energy, Marine, Aviation, and LloydÂ’s. It currently has negative earnings. It offers aviation insurance solutions; coverage for upstream operational and construction all risks related to wind, earthquakes, and floods, as well as standalone business interruption coverage; and a range of coverages in marine portfolio, including marine hull, total loss only, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builderÂ’s risks to high-profile accounts, cruise vessels, and liquid natural gas carriers.

The stock decreased 0.25% or GBX 1.5 during the last trading session, reaching GBX 588. About 271,704 shares traded. Lancashire Holdings Limited (LON:LRE) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Eastman Chemical Company (NYSE:EMN) Institutional Positions Chart

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.