The stock rose 0.42% or $0.05 reaching $13.01. The hedge fund held 154,275 shares of the major chemicals company at the end of 2016Q4, valued at $1.51M, down from 248,975 at the end of the previous reported quarter. The firm's market capitalization is $4.14 billion. The last closing price is down 6.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. NEXT Financial Group Inc boosted its stake in Platform Specialty Products Corporation by 3.1% in the first quarter. It has outperformed by 31.53% the S&P500. Reik & CO. LLC now owns 12,500 shares of the specialty chemicals company's stock valued at $163,000 after buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 94.98% of the company's stock. Now Houghton Mifflin Harcourt Company $13.79 target price is just $3.21 shy of the official lowest sell-side analyst price target on Wall Street. The stock declined 1.52% or $0.33 reaching $21.64 per share. For the next year, analysts forecast that the business will post sales of $3.84 billion per share, with estimates ranging from $3.77 billion to $3.87 billion. Vipshop Holdings Ltd - ADR (NYSE:VIPS) has risen 27.19% since August 9, 2016 and is uptrending. It has underperformed by 24.57% the S&P500. Therefore 67% are positive. Instinet boosted their price target on Platform Specialty Products Corporation from $15.00 to $16.00 and gave the stock a "buy" rating in a research report on Tuesday, May 9th. The stock has "Buy" rating by TH Capital on Monday, August 22.
10/05/2016 - Platform Specialty Products Corporation had its "equal weight" rating reiterated by analysts at Barclays. The stock of Platform Specialty Products Corp (NYSE:PAH) earned "Buy" rating by Roth Capital on Monday, August 22. The rating was upgraded by Nomura on Monday, November 7 to "Buy". The firm has "Neutral" rating given on Tuesday, September 13 by Nomura.
In addition to Zacks Investment Research reporting its target price, a total of 7 brokers have issued a report on the stock.
Investors sentiment decreased to 1.09 in 2016 Q4. Its price/book multiple of 1.40 compared with the 2.58 while its free cash flow yield of 10.77 should be matched with that of its industry's 12.92.
These funds have also shifted positions in (PAH). The total value of its holdings decreased 2.9%. Bares Mgmt stated it has 10.05% of its portfolio in Platform Specialty Products Corp (NYSE:PAH). Invesco Limited reported 338,309 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Platform Specialty Products Corp (NYSE:PAH). Canada Pension Plan Board accumulated 0% or 101,310 shares. Earnest Prtn Lc holds 0% or 110 shares in its portfolio. Vanguard, a Pennsylvania-based fund reported 14.69 million shares. The company was formerly known as Platform Acquisition Holdings Limited and changed its name to Platform Specialty Products Corporation in October 2013. Swiss Bank has 0% invested in Platform Specialty Products Corp (NYSE:PAH). Pecaut & reported 0.5% in Platform Specialty Products Corp (NYSE:PAH).
02/06/2017 - Goldman Sachs began new coverage on Platform Specialty Products Corporation giving the company a "buy" rating. Blackrock Fund Advisors invested 0% in IEC Electronics Corp (NYSEMKT:IEC). Blackrock Fund Advsrs accumulated 2.38 million shares. Shares for $2.03 million were sold by Bryant Diane M on Thursday, February 23. On average, equities research analysts expect that Platform Specialty Products Corporation will post $0.79 EPS for the current year. BidaskClub upgraded shares of PolyOne Corporation from a "sell" rating to a "hold" rating in a report on Wednesday, July 5th.
Platform Specialty Products Corporation (NYSE:PAH)'s earnings is on the doorstep as the firm is set to report on 8/9/2017 8:30:00 AM. AQR Capital Management LLC now owns 370,385 shares of the specialty chemicals company's stock worth $12,627,000 after buying an additional 32,948 shares during the period. PAH's profit will be $53.58M for 19.08 P/E if the $0.18 EPS becomes a reality. The specialty chemicals company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04.
Its price to sales ratio of 1.13 ranks lower than the industry's 1.61. Ajo L P invested 0.02% in Innophos Holdings, Inc. $504,204 worth of stock was bought by SWAN ROBERT HOLMES on Monday, June 5. $493,340 worth of stock was bought by EBEL GREGORY L on Friday, May 5. Lapides Asset Management Ltd Liability reported 0.56% of its portfolio in Platform Specialty Products Corp (NYSE:PAH). More interesting news about Mosaic Co (NYSE:MOS) were released by: Prnewswire.com and their article: "Mosaic Names Kim Bors Senior Vice President Of Human Resources" published on July 19, 2017 as well as Seekingalpha.com's news article titled: "Mosaic: Be watchful of its debt position" with publication date: July 17, 2017. 1,500 IEC Electronics Corp (NYSEMKT:IEC) shares with value of $5,790 were bought by Hartrick Lynn J. Therefore 50% are positive.
Several research analysts have recently commented on the company. They now have a United States dollars 10 price target on the stock.
These are 3 Hold Ratings, 5 Buy Ratings. Credit Suisse reinitiated the stock with "Neutral" rating in Thursday, December 3 report. The rating was downgraded by Atlantic Securities on Friday, March 11 to "Underweight". EPS long term mean growth rate estimated by 2 analysts is at 1.65%, whereas, the high and low Long term growth rate estimated at 11.3 and -8.