Minerva Advisors Has Decreased By $596,400 Its Camden National (CAC) Position; Genco Shipping & Trading Limited (GNK) Shorts Down By 1.98%

October 11, 2017 - By Linda Rogers

Minerva Advisors Llc decreased Camden National Corp (CAC) stake by 8.12% reported in 2017Q2 SEC filing. Minerva Advisors Llc sold 14,200 shares as Camden National Corp (CAC)’s stock declined 3.19%. The Minerva Advisors Llc holds 160,658 shares with $6.89M value, down from 174,858 last quarter. Camden National Corp now has $678.38M valuation. The stock decreased 0.30% or $0.13 during the last trading session, reaching $43.73. About 39,553 shares traded. Camden National Corporation (NASDAQ:CAC) has risen 42.48% since October 11, 2016 and is uptrending. It has outperformed by 25.78% the S&P500.

Genco Shipping & Trading Limited (NYSE:GNK) had a decrease of 1.98% in short interest. GNK’s SI was 588,900 shares in October as released by FINRA. Its down 1.98% from 600,800 shares previously. With 83,900 avg volume, 7 days are for Genco Shipping & Trading Limited (NYSE:GNK)’s short sellers to cover GNK’s short positions. The SI to Genco Shipping & Trading Limited’s float is 35.58%. The stock decreased 1.49% or $0.18 on October 11, reaching $11.94. About 15,918 shares traded. Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) has risen 104.62% since October 11, 2016 and is uptrending. It has outperformed by 87.92% the S&P500.

Among 2 analysts covering Camden National Corp. (NASDAQ:CAC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Camden National Corp. had 7 analyst reports since September 14, 2015 according to SRatingsIntel. On Wednesday, September 16 the stock rating was initiated by Piper Jaffray with “Overweight”. The stock of Camden National Corporation (NASDAQ:CAC) earned “Buy” rating by Piper Jaffray on Tuesday, August 8. The firm has “Outperform” rating given on Monday, September 14 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, June 1 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Buy” rating and $47.0 target in Tuesday, October 3 report. The firm has “Overweight” rating by Piper Jaffray given on Friday, December 4.

Since May 18, 2017, it had 0 insider buys, and 2 sales for $52,972 activity. $12,212 worth of stock was sold by Smyth Renee on Monday, June 5. Another trade for 1,000 shares valued at $40,760 was made by PARENT JUNE B on Thursday, May 18.

Analysts await Camden National Corporation (NASDAQ:CAC) to report earnings on October, 24. They expect $0.69 earnings per share, down 1.43% or $0.01 from last year’s $0.7 per share. CAC’s profit will be $10.70 million for 15.84 P/E if the $0.69 EPS becomes a reality. After $0.66 actual earnings per share reported by Camden National Corporation for the previous quarter, Wall Street now forecasts 4.55% EPS growth.

Investors sentiment increased to 1.64 in 2017 Q2. Its up 0.46, from 1.18 in 2017Q1. It increased, as 9 investors sold CAC shares while 27 reduced holdings. 18 funds opened positions while 41 raised stakes. 9.90 million shares or 4.69% more from 9.45 million shares in 2017Q1 were reported. Moreover, Eagle Asset Inc has 0.01% invested in Camden National Corporation (NASDAQ:CAC) for 56,666 shares. Sterling Ltd Liability Corporation holds 24,503 shares. 24,898 were reported by American Century Inc. Moreover, Northern Trust has 0% invested in Camden National Corporation (NASDAQ:CAC) for 195,652 shares. Rhumbline Advisers holds 18,013 shares. Envestnet Asset accumulated 841 shares. Barclays Plc invested in 0% or 408 shares. The New York-based Alliancebernstein Lp has invested 0% in Camden National Corporation (NASDAQ:CAC). Tower Research Cap Limited Com (Trc) invested in 516 shares. Bankshares Of Montreal Can holds 63 shares. Fiduciary Tru holds 0.01% in Camden National Corporation (NASDAQ:CAC) or 10,899 shares. Us Fincl Bank De has 181 shares for 0% of their portfolio. Legal General Group Public Limited holds 0% or 3,817 shares in its portfolio. Fmr Limited Liability Corporation has invested 0.01% in Camden National Corporation (NASDAQ:CAC). Deutsche National Bank & Trust Ag reported 33,906 shares stake.

Among 4 analysts covering Genco Shipping & Trading Limited (NYSE:GNK), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Genco Shipping & Trading Limited had 12 analyst reports since October 23, 2015 according to SRatingsIntel. On Monday, July 17 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Jefferies on Friday, September 29 with “Buy”. Morgan Stanley downgraded it to “Underweight” rating and $1.20 target in Tuesday, December 15 report. The firm has “Buy” rating given on Wednesday, May 10 by Seaport Global. The stock of Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) has “Buy” rating given on Wednesday, July 27 by Jefferies. Seaport Global initiated the shares of GNK in report on Tuesday, August 2 with “Neutral” rating. Morgan Stanley upgraded the stock to “Equal-Weight” rating in Tuesday, March 28 report. The stock of Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) has “Buy” rating given on Monday, August 28 by Jefferies.

By

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.

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>
Twitter Auto Publish Powered By : XYZScripts.com