Empyrean Capital Partners LP Lowered By $889,353 Its Smart & Final Stores (SFS) Stake; Profile of 6 Analysts Covering Party City Holdco (PRTY)

November 14, 2017 - By wolcottdaily

Empyrean Capital Partners Lp decreased Smart & Final Stores Inc (SFS) stake by 12.06% reported in 2017Q2 SEC filing. Empyrean Capital Partners Lp sold 98,817 shares as Smart & Final Stores Inc (SFS)’s

stock declined 10.20%. The Empyrean Capital Partners Lp holds 720,283 shares with $6.56 million value, down from 819,100 last quarter. Smart & Final Stores Inc now has $525.55M valuation. The stock declined 2.74% or $0.2 reaching $7.1 per share. About 109,180 shares traded. Smart & Final Stores Inc (NYSE:SFS) has declined 14.20% since November 14, 2016 and is downtrending. It has underperformed by 30.90% the S&P500.

Among 9 analysts covering Party City Holdco Inc (NYSE:PRTY), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Party City Holdco Inc had 18 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Friday, March 11. The stock of Party City Holdco Inc (NYSE:PRTY) earned “Market Perform” rating by BMO Capital Markets on Thursday, August 3. The stock of Party City Holdco Inc (NYSE:PRTY) has “Overweight” rating given on Monday, November 13 by JP Morgan. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, November 13. Bank of America downgraded Party City Holdco Inc (NYSE:PRTY) on Friday, December 11 to “Neutral” rating. The company was maintained on Friday, August 5 by Telsey Advisory Group. Telsey Advisory Group maintained Party City Holdco Inc (NYSE:PRTY) on Thursday, May 12 with “Outperform” rating. The rating was upgraded by BMO Capital Markets on Tuesday, October 24 to “Buy”. Credit Suisse maintained Party City Holdco Inc (NYSE:PRTY) on Friday, November 13 with “Outperform” rating. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, January 19. See Party City Holdco Inc (NYSE:PRTY) latest ratings:

13/11/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Reinitiate
13/11/2017 Broker: J.P. Morgan Rating: Buy New Target: $14.0 Initiate
08/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $17 New Target: $15.5 Maintain
24/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $16.0 Upgrade
03/08/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $18 New Target: $16 Maintain

Party City Holdco Inc. is a holding firm with no operating assets or operations. The company has market cap of $1.35 billion. As of December 31, 2016, the Company owned PC Nextco Holdings, LLC , which owned PC Intermediate Holdings, Inc. (PC Intermediate). It has a 11.8 P/E ratio. As of December 31, 2016, PC Intermediate owned Party City Holdings Inc. (PCHI).

About 195,411 shares traded. Party City Holdco Inc (NYSE:PRTY) has risen 24.80% since November 14, 2016 and is uptrending. It has outperformed by 8.10% the S&P500.

Among 8 analysts covering Smart & Final Stores (NYSE:SFS), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Smart & Final Stores had 15 analyst reports since October 2, 2015 according to SRatingsIntel. The stock of Smart & Final Stores Inc (NYSE:SFS) has “Overweight” rating given on Tuesday, October 6 by Barclays Capital. Citigroup maintained it with “Neutral” rating and $15 target in Tuesday, August 2 report. The firm has “Buy” rating given on Tuesday, January 26 by BB&T Capital. The firm earned “Hold” rating on Tuesday, July 25 by Oppenheimer. As per Tuesday, June 20, the company rating was maintained by Oppenheimer. The rating was maintained by RBC Capital Markets on Friday, May 5 with “Outperform”. On Tuesday, August 16 the stock rating was downgraded by Morgan Stanley to “Underweight”. Oppenheimer initiated Smart & Final Stores Inc (NYSE:SFS) on Friday, October 2 with “Perform” rating. The firm has “Buy” rating given on Thursday, June 29 by RBC Capital Markets. Barclays Capital initiated it with “Equal Weight” rating and $13 target in Friday, September 23 report.

Since June 1, 2017, it had 0 buys, and 2 insider sales for $635,492 activity. 26,980 shares were sold by Mortensen Michael A., worth $362,072 on Thursday, June 1. Drew Scott R. had sold 21,000 shares worth $273,420 on Monday, June 12.

Analysts await Smart & Final Stores Inc (NYSE:SFS) to report earnings on November, 15 after the close. They expect $0.19 EPS, up 11.76% or $0.02 from last year’s $0.17 per share. SFS’s profit will be $14.06 million for 9.34 P/E if the $0.19 EPS becomes a reality. After $0.12 actual EPS reported by Smart & Final Stores Inc for the previous quarter, Wall Street now forecasts 58.33% EPS growth.

Investors sentiment increased to 1.31 in 2017 Q2. Its up 0.12, from 1.19 in 2017Q1. It is positive, as 11 investors sold SFS shares while 28 reduced holdings. 23 funds opened positions while 28 raised stakes. 77.64 million shares or 0.23% more from 77.47 million shares in 2017Q1 were reported. Bamco New York holds 0.13% of its portfolio in Smart & Final Stores Inc (NYSE:SFS) for 2.70M shares. First Tru Advisors LP invested in 0% or 102,444 shares. Suntrust Banks owns 0% invested in Smart & Final Stores Inc (NYSE:SFS) for 19,995 shares. First Mercantile Tru Commerce stated it has 0.05% of its portfolio in Smart & Final Stores Inc (NYSE:SFS). 73,311 are held by Parametric Portfolio Associate Lc. Ami Asset Corp owns 617,482 shares or 0.4% of their US portfolio. Martin And Tn reported 235,090 shares or 0.66% of all its holdings. Tiaa Cref Invest Mgmt Limited Com accumulated 94,929 shares. Schwab Charles Inv Mgmt, a California-based fund reported 100,397 shares. D E Shaw And invested in 49,348 shares or 0% of the stock. Great West Life Assurance Can has 0% invested in Smart & Final Stores Inc (NYSE:SFS) for 5,800 shares. Glenhill Ltd Llc holds 1.74% of its portfolio in Smart & Final Stores Inc (NYSE:SFS) for 3.04 million shares. Kennedy Cap Management stated it has 149,806 shares or 0.03% of all its holdings. Ameritas Invest Prtnrs Inc has 1,874 shares. Invesco Limited stated it has 107,709 shares or 0% of all its holdings.

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