Telemus Capital Has Lowered Celanese Del (CE) Stake; Shorts at Valmont Industries (VMI) Raised By 8.01%

March 19, 2018 - By Marie Mckinney

Telemus Capital Llc decreased Celanese Corp Del (CE) stake by 11.36% reported in 2017Q3 SEC filing. Telemus Capital Llc sold 6,152 shares as Celanese Corp Del (CE)’s stock declined 5.81%. The Telemus Capital Llc holds 48,022 shares with $5.01 million value, down from 54,174 last quarter. Celanese Corp Del now has $14.33 billion valuation. The stock decreased 1.18% or $1.26 during the last trading session, reaching $105.47. About 294,166 shares traded. Celanese Corporation (NYSE:CE) has risen 21.48% since March 19, 2017 and is uptrending. It has outperformed by 4.78% the S&P500.

Valmont Industries Inc (NYSE:VMI) had an increase of 8.01% in short interest. VMI’s SI was 479,800 shares in March as released by FINRA. Its up 8.01% from 444,200 shares previously. With 61,900 avg volume, 8 days are for Valmont Industries Inc (NYSE:VMI)’s short sellers to cover VMI’s short positions. The SI to Valmont Industries Inc’s float is 2.18%. It closed at $148.85 lastly. It is up 14.56% since March 19, 2017 and is uptrending. It has underperformed by 2.14% the S&P500.

Among 5 analysts covering Valmont Industries Inc. (NYSE:VMI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Valmont Industries Inc. had 14 analyst reports since January 12, 2016 according to SRatingsIntel. Stifel Nicolaus maintained Valmont Industries, Inc. (NYSE:VMI) rating on Friday, April 21. Stifel Nicolaus has “Buy” rating and $170 target. The firm has “Buy” rating given on Friday, October 6 by Stifel Nicolaus. The stock of Valmont Industries, Inc. (NYSE:VMI) earned “Hold” rating by Seaport Global on Tuesday, January 23. The stock has “Hold” rating by Boenning & Scattergood on Thursday, July 20. The stock has “Buy” rating by Stifel Nicolaus on Friday, July 14. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 19. Stifel Nicolaus maintained Valmont Industries, Inc. (NYSE:VMI) on Wednesday, August 30 with “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, January 16 report. On Thursday, July 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, February 23 report.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.14, from 1.26 in 2017Q2. It is negative, as 23 investors sold Valmont Industries, Inc. shares while 68 reduced holdings. 28 funds opened positions while 87 raised stakes. 18.73 million shares or 2.96% more from 18.20 million shares in 2017Q2 were reported. Public Employees Retirement System Of Ohio holds 0.02% or 18,613 shares. 200 are owned by Farmers And Merchants Invests. Amer Intl Group Inc, New York-based fund reported 46,216 shares. Raymond James Assocs stated it has 0% of its portfolio in Valmont Industries, Inc. (NYSE:VMI). Makaira Prtn Ltd Liability Co invested 6.11% in Valmont Industries, Inc. (NYSE:VMI). Oregon Public Employees Retirement Fund, Oregon-based fund reported 8,326 shares. First Republic Mngmt Inc reported 1,754 shares. Pacad Inv holds 1,110 shares or 0.04% of its portfolio. Btim Corporation has invested 0.44% in Valmont Industries, Inc. (NYSE:VMI). 318,400 were reported by Fmr Limited Liability Company. Utah Retirement invested in 0.01% or 4,019 shares. State Street Corp stated it has 0.01% of its portfolio in Valmont Industries, Inc. (NYSE:VMI). Invesco Limited reported 0.01% stake. Third Avenue Mgmt Ltd Limited Liability Company accumulated 1,799 shares or 0.01% of the stock. 1,977 were reported by Cubist Systematic Strategies Llc.

Valmont Industries, Inc. produces and sells fabricated metal products in the United States and internationally. The company has market cap of $3.38 billion. It operates through five divisions: Engineered Support Structures, Utility Support Structures, Coatings, Energy and Mining, and Irrigation. It has a 29.13 P/E ratio. The Engineered Support Structures segment makes and distributes engineered metal, wood, and composite structures and components for the lighting and traffic, wireless communication, and roadway safety industries.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.14, from 0.91 in 2017Q2. It increased, as 24 investors sold CE shares while 162 reduced holdings. 56 funds opened positions while 114 raised stakes. 126.78 million shares or 3.48% less from 131.35 million shares in 2017Q2 were reported. Moreover, Segantii Capital Ltd has 0.7% invested in Celanese Corporation (NYSE:CE). Thrivent For Lutherans stated it has 88,838 shares or 0.03% of all its holdings. The Texas-based American Bankshares has invested 1.39% in Celanese Corporation (NYSE:CE). Metropolitan Life Insurance Com New York invested in 7,856 shares. 35,039 are held by Arizona State Retirement. Moreover, Private Na has 0.08% invested in Celanese Corporation (NYSE:CE). 42,829 were reported by Fjarde Ap. Carroll Fincl Associate has 0% invested in Celanese Corporation (NYSE:CE) for 30 shares. World Asset Management Inc reported 6,272 shares. M&T Bank & Trust Corporation reported 16,006 shares. 6,536 were reported by Fdx Advisors. Globeflex Capital Limited Partnership invested in 0.22% or 7,345 shares. Glob Investors invested in 0.34% or 10.91 million shares. Aviva Public Ltd invested 0.05% of its portfolio in Celanese Corporation (NYSE:CE). Gulf International Comml Bank (Uk) Ltd accumulated 43,115 shares.

Analysts await Celanese Corporation (NYSE:CE) to report earnings on April, 16. They expect $2.33 EPS, up 28.73% or $0.52 from last year’s $1.81 per share. CE’s profit will be $316.46 million for 11.32 P/E if the $2.33 EPS becomes a reality. After $1.98 actual EPS reported by Celanese Corporation for the previous quarter, Wall Street now forecasts 17.68% EPS growth.

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