Shore Capital Keeps a Buy Rating on Secure Trust Bank PLC (LON:STB); Cimarex Energy Co (XEC)’s Sentiment Is 1.21

May 24, 2018 - By Dolores Ford

Secure Trust Bank Plc (LON:STB) Logo

Today, Thursday, 24 May, Secure Trust Bank PLC (LON:STB) stock Buy was kept at Shore Capital in a research report.




Cimarex Energy Co (XEC) investors sentiment increased to 1.21 in 2017 Q4. It’s up 0.06, from 1.15 in 2017Q3. The ratio increased, as 204 active investment managers increased or started new equity positions, while 168 sold and decreased holdings in Cimarex Energy Co. The active investment managers in our database now hold: 85.60 million shares, down from 86.51 million shares in 2017Q3. Also, the number of active investment managers holding Cimarex Energy Co in top ten equity positions increased from 6 to 9 for an increase of 3. Sold All: 29 Reduced: 139 Increased: 140 New Position: 64.

Investors sentiment decreased to 1 in Q4 2017. Its down 1.16, from 2.16 in 2017Q3. It worsened, as 11 investors sold Secure Trust Bank Plc shares while 19 reduced holdings. 7 funds opened positions while 23 raised stakes. 26.04 million shares or 7.62% more from 24.20 million shares in 2017Q3 were reported. Guardian Capital Lp reported 251,300 shares. Credit Suisse Ag reported 55,536 shares. Scotia Cap, a Ontario – Canada-based fund reported 839,664 shares. Wms Prtnrs Lc stated it has 0.48% of its portfolio in Secure Trust Bank Plc (LON:STB). Cortina Asset Mgmt Llc holds 0.17% in Secure Trust Bank Plc (LON:STB) or 640,610 shares. Penn Cap Management stated it has 0.12% of its portfolio in Secure Trust Bank Plc (LON:STB). Citadel Advsr Lc reported 60,166 shares or 0% of all its holdings. Retail Bank Of America Corp De holds 52,352 shares. Stifel has invested 0% in Secure Trust Bank Plc (LON:STB). Moreover, Raymond James & Associates has 0% invested in Secure Trust Bank Plc (LON:STB) for 36,055 shares. Intact, a Ontario – Canada-based fund reported 288,700 shares. Swiss Comml Bank has invested 0% in Secure Trust Bank Plc (LON:STB). Shell Asset Mgmt invested 0% in Secure Trust Bank Plc (LON:STB). Td Asset Management invested 0% of its portfolio in Secure Trust Bank Plc (LON:STB). Amundi Pioneer Asset Management Inc reported 0% of its portfolio in Secure Trust Bank Plc (LON:STB).

Secure Trust Bank PLC provides retail banking services and products in the United Kingdom. The company has market cap of 354.72 million GBP. It operates in six divisions: Real Estate Finance, Asset Finance, Commercial Finance, Personal Lending, Motor Finance, and Retail Finance. It has a 15.08 P/E ratio. The Real Estate Finance segment provides finance for commercial and residential real estate developments and investments, as well as for mixed development projects.

Among 5 analysts covering Secure Trust Bank (LON:STB), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Secure Trust Bank has GBX 4000 highest and GBX 1600 lowest target. GBX 2140.20’s average target is 11.47% above currents GBX 1920 stock price. Secure Trust Bank had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Secure Trust Bank Plc (LON:STB) has “Buy” rating given on Friday, December 8 by Shore Capital. The rating was maintained by Peel Hunt with “Hold” on Thursday, March 15. Canaccord Genuity maintained it with “Buy” rating and GBX 4000 target in Tuesday, July 21 report. The rating was maintained by Shore Capital with “Buy” on Tuesday, March 14. Shore Capital maintained the stock with “Buy” rating in Thursday, May 4 report. The stock has “Buy” rating by Shore Capital on Friday, January 13. Peel Hunt maintained it with “Buy” rating and GBX 3800 target in Wednesday, June 22 report. On Monday, October 10 the stock rating was downgraded by Peel Hunt to “Add”. The stock of Secure Trust Bank Plc (LON:STB) earned “Buy” rating by Shore Capital on Thursday, March 23. Shore Capital maintained the shares of STB in report on Wednesday, September 14 with “Buy” rating.

The stock decreased 1.92% or GBX 37.5 during the last trading session, reaching GBX 1920. About 584 shares traded. Secure Trust Bank Plc (LON:STB) has 0.00% since May 24, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Cimarex Energy Co. (NYSE:XEC) to report earnings on August, 14. They expect $1.61 earnings per share, up 51.89% or $0.55 from last year’s $1.06 per share. XEC’s profit will be $153.64M for 14.85 P/E if the $1.61 EPS becomes a reality. After $1.82 actual earnings per share reported by Cimarex Energy Co. for the previous quarter, Wall Street now forecasts -11.54% negative EPS growth.

Ratings analysis reveals 70% of Cimarex’s analysts are positive. Out of 10 Wall Street analysts rating Cimarex, 7 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $143.0 while the high is $160.0. The stock’s average target of $152.67 is 59.63% above today’s ($95.64) share price. XEC was included in 10 notes of analysts from August 29, 2016. KLR Group upgraded the stock to “Accumulate” rating in Monday, November 7 report. The stock of Cimarex Energy Co. (NYSE:XEC) has “Overweight” rating given on Thursday, December 8 by JP Morgan. The stock of Cimarex Energy Co. (NYSE:XEC) has “Positive” rating given on Friday, November 4 by Susquehanna. The stock of Cimarex Energy Co. (NYSE:XEC) has “Hold” rating given on Tuesday, January 17 by SunTrust. The firm has “Hold” rating by Williams Capital Group given on Monday, August 29. The stock of Cimarex Energy Co. (NYSE:XEC) has “Outperform” rating given on Wednesday, August 31 by Wells Fargo. The firm earned “Buy” rating on Friday, December 16 by Goldman Sachs. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, November 1 report. The stock of Cimarex Energy Co. (NYSE:XEC) earned “Outperform” rating by FBR Capital on Tuesday, September 13. The company was upgraded on Tuesday, January 17 by Jefferies.

The stock decreased 3.73% or $3.71 during the last trading session, reaching $95.64. About 1.64M shares traded or 24.11% up from the average. Cimarex Energy Co. (XEC) has declined 20.15% since May 24, 2017 and is downtrending. It has underperformed by 31.70% the S&P500.

Lagoda Investment Management L.P. holds 8.7% of its portfolio in Cimarex Energy Co. for 187,169 shares. Caymus Capital Partners L.P. owns 331,258 shares or 5.64% of their US portfolio. Moreover, Mitchell Group Inc has 5.4% invested in the company for 259,100 shares. The New York-based Sir Capital Management L.P. has invested 4.21% in the stock. International Value Advisers Llc, a New York-based fund reported 1.11 million shares.

Another recent and important Cimarex Energy Co. (NYSE:XEC) news was published by Gurufocus.com which published an article titled: “World Capital Markets in Red Wednesday” on May 23, 2018.

Since January 1, 0001, it had 0 insider buys, and 8 selling transactions for $3.41 million activity.

Cimarex Energy Co. (NYSE:XEC) Institutional Positions Chart

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