Cullen Capital Management Lowered Its Hcp (HCP) Position; Eaton Plc Ord (ETN) Shorts Lowered By 26.5%

December 7, 2017 - By wolcottdaily

Eaton Corporation Plc Ord (NYSE:ETN) had a decrease of 26.5% in short interest. ETN’s SI was 4.71M shares in December as released by FINRA. Its down 26.5% from 6.41 million shares previously. With 2.65M

avg volume, 2 days are for Eaton Corporation Plc Ord (NYSE:ETN)’s short sellers to cover ETN’s short positions. The stock increased 1.46% or $1.11 during the last trading session, reaching $76.9. About 248,270 shares traded. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since December 7, 2016 and is uptrending. It has outperformed by 14.32% the S&P500.

Cullen Capital Management Llc decreased Hcp Inc. (HCP) stake by 8.38% reported in 2017Q2 SEC filing. Cullen Capital Management Llc sold 97,130 shares as Hcp Inc. (HCP)’s stock rose 2.09%. The Cullen Capital Management Llc holds 1.06 million shares with $33.96M value, down from 1.16 million last quarter. Hcp Inc. now has $12.60B valuation. The stock increased 0.06% or $0.015 during the last trading session, reaching $26.625. About 98,139 shares traded. HCP, Inc. (NYSE:HCP) has risen 8.01% since December 7, 2016 and is uptrending. It has underperformed by 8.69% the S&P500.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.06, from 1.13 in 2017Q1. It dived, as 37 investors sold Eaton Corporation plc shares while 289 reduced holdings. 74 funds opened positions while 274 raised stakes. 330.85 million shares or 0.85% less from 333.69 million shares in 2017Q1 were reported. Stonebridge Capital Advisors Llc accumulated 35,631 shares. Ameriprise Fincl Inc holds 0.13% or 3.32 million shares. The New York-based Summit Gp Ltd Llc has invested 0.04% in Eaton Corporation plc (NYSE:ETN). Prudential Public Llc owns 7,800 shares for 0% of their portfolio. Trillium Asset Limited Liability Com holds 1.29% or 277,288 shares in its portfolio. First City Capital invested in 0.96% or 17,015 shares. Compton Cap Ri has invested 0.66% in Eaton Corporation plc (NYSE:ETN). Security National Tru Comm reported 0.04% of its portfolio in Eaton Corporation plc (NYSE:ETN). Busey Tru Com stated it has 0.09% in Eaton Corporation plc (NYSE:ETN). Moreover, Hanson Doremus Management has 0.03% invested in Eaton Corporation plc (NYSE:ETN). Convergence Inv Prtn Limited Co holds 26,472 shares or 0.3% of its portfolio. 40,695 are held by Horan Cap Advisors Limited Co. Segall Bryant & Hamill invested 0.02% in Eaton Corporation plc (NYSE:ETN). State Treasurer State Of Michigan has invested 0.09% in Eaton Corporation plc (NYSE:ETN). Prentiss Smith Company Inc stated it has 0.01% in Eaton Corporation plc (NYSE:ETN).

Eaton Corporation plc operates as a power management firm worldwide. The company has market cap of $34.21 billion. The Company’s Electrical Products segment offers electrical and industrial components, residential products, single phase power quality products, emergency lighting and fire detection products, wiring devices, structural support systems, and circuit protection and lighting products. It has a 12.12 P/E ratio. The companyÂ’s Electrical Systems and Services segment provides power distribution and assemblies, three phase power quality products, hazardous duty electrical equipment, explosion-proof instrumentation, utility power distribution, power reliability equipment, and services.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 7 have Buy rating, 4 Sell and 18 Hold. Therefore 24% are positive. Eaton Corporation had 72 analyst reports since July 31, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Hold” rating in Thursday, October 12 report. Longbow downgraded the stock to “Neutral” rating in Monday, April 4 report. The stock of Eaton Corporation plc (NYSE:ETN) earned “Hold” rating by RBC Capital Markets on Thursday, September 28. The rating was maintained by Jefferies on Thursday, July 13 with “Hold”. JP Morgan upgraded Eaton Corporation plc (NYSE:ETN) on Friday, December 9 to “Overweight” rating. The stock of Eaton Corporation plc (NYSE:ETN) has “Neutral” rating given on Thursday, July 14 by Bank of America. The firm has “In-Line” rating by Evercore given on Monday, August 7. The firm has “Underperform” rating by Bank of America given on Tuesday, October 17. JMP Securities initiated the stock with “Mkt Perform” rating in Monday, June 19 report. Barclays Capital downgraded the shares of ETN in report on Monday, October 5 to “Equal-Weight” rating.

Analysts await HCP, Inc. (NYSE:HCP) to report earnings on February, 12. They expect $0.47 EPS, down 20.34% or $0.12 from last year’s $0.59 per share. HCP’s profit will be $222.37 million for 14.16 P/E if the $0.47 EPS becomes a reality. After $0.48 actual EPS reported by HCP, Inc. for the previous quarter, Wall Street now forecasts -2.08% negative EPS growth.

Among 19 analysts covering HCP (NYSE:HCP), 3 have Buy rating, 1 Sell and 15 Hold. Therefore 16% are positive. HCP had 64 analyst reports since September 8, 2015 according to SRatingsIntel. As per Monday, July 24, the company rating was maintained by Jefferies. Barclays Capital reinitiated the shares of HCP in report on Thursday, January 5 with “Equal Weight” rating. UBS maintained the shares of HCP in report on Tuesday, August 23 with “Neutral” rating. Jefferies maintained HCP, Inc. (NYSE:HCP) on Monday, May 15 with “Hold” rating. Mizuho upgraded the shares of HCP in report on Monday, November 21 to “Buy” rating. The firm earned “Equal-Weight” rating on Monday, March 20 by Morgan Stanley. The stock of HCP, Inc. (NYSE:HCP) earned “Hold” rating by Stifel Nicolaus on Sunday, August 20. The rating was maintained by Jefferies with “Hold” on Monday, August 28. Morgan Stanley maintained the shares of HCP in report on Monday, September 25 with “Equal-Weight” rating. The stock has “Sell” rating by Stifel Nicolaus on Thursday, February 11.

Since June 13, 2017, it had 0 insider buys, and 1 insider sale for $83,595 activity. $83,595 worth of HCP, Inc. (NYSE:HCP) was sold by Klaritch Thomas.


Echostar Corporation-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.