EPS for Cambrex (CBM) Expected At $0.75; Quest Investment Management Raised Eastman Chem Co (EMN) Stake By $11.01 Million

July 17, 2017 - By Henry Gaston

Quest Investment Management Inc increased Eastman Chem Co (EMN) stake by 164.95% reported in 2016Q4 SEC filing. Quest Investment Management Inc acquired 146,854 shares as Eastman Chem Co (EMN)’s stock declined 2.09%. The Quest Investment Management Inc holds 235,883 shares with $17.74M value, up from 89,029 last quarter. Eastman Chem Co now has $12.49B valuation. It closed at $85.4 lastly. It is down 7.60% since July 17, 2016 and is uptrending. It has underperformed by 9.10% the S&P500.

Analysts expect Cambrex Corporation (NYSE:CBM) to report $0.75 EPS on July, 27.They anticipate $0.12 EPS change or 19.05% from last quarter’s $0.63 EPS. CBM’s profit would be $24.42 million giving it 19.35 P/E if the $0.75 EPS is correct. After having $0.68 EPS previously, Cambrex Corporation’s analysts see 10.29% EPS growth. It closed at $58.05 lastly. It is down 11.15% since July 17, 2016 and is uptrending. It has underperformed by 5.55% the S&P500.

Investors sentiment increased to 1.05 in Q4 2016. Its up 0.02, from 1.03 in 2016Q3. It increased, as 24 investors sold Cambrex Corporation shares while 77 reduced holdings. 35 funds opened positions while 71 raised stakes. 28.34 million shares or 1.90% less from 28.88 million shares in 2016Q3 were reported. Sei Co reported 87 shares stake. Globeflex Capital Limited Partnership reported 4,960 shares stake. Guggenheim Cap Ltd has 15,752 shares for 0% of their portfolio. Parametric Ltd Com holds 83,352 shares. Victory Capital Mngmt reported 78,323 shares. Tfs Lc stated it has 0.45% of its portfolio in Cambrex Corporation (NYSE:CBM). Profund Limited Liability Co reported 0.02% of its portfolio in Cambrex Corporation (NYSE:CBM). California-based Nicholas Prns Limited Partnership has invested 0.09% in Cambrex Corporation (NYSE:CBM). Nationwide Fund holds 0.04% or 168,109 shares. Thrivent For Lutherans has 0% invested in Cambrex Corporation (NYSE:CBM) for 17,360 shares. Putnam Ltd holds 0.01% in Cambrex Corporation (NYSE:CBM) or 41,015 shares. State Of Tennessee Treasury Department has invested 0.01% in Cambrex Corporation (NYSE:CBM). Oberweis Asset Mngmt accumulated 108,965 shares or 1.76% of the stock. Aperio Grp Inc Ltd Liability holds 0.01% or 15,812 shares in its portfolio. Blackrock Incorporated, New York-based fund reported 2,549 shares.

Cambrex Corporation is a life sciences company. The company has market cap of $1.89 billion. It provides services and products for the development and commercialization of generic therapeutics. It has a 20.53 P/E ratio. It operates through four divisions, which are manufacturing facilities that have been aggregated as a single segment.

Since February 7, 2017, it had 0 insider purchases, and 11 insider sales for $10.04 million activity. The insider KLOSK STEVEN M sold $698,345. $805,784 worth of Cambrex Corporation (NYSE:CBM) was sold by Hanley Samantha on Monday, June 12. Cavanagh Shawn sold $1.12M worth of Cambrex Corporation (NYSE:CBM) on Tuesday, February 7. Shares for $1.16M were sold by HENDRIX LEON J JR. SARGEN GREGORY also sold $1.65 million worth of Cambrex Corporation (NYSE:CBM) on Tuesday, February 7.

Among 4 analysts covering Cambrex Corp (NYSE:CBM), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cambrex Corp had 5 analyst reports since July 21, 2015 according to SRatingsIntel. Singular Research maintained the stock with “Buy” rating in Thursday, February 11 report. The stock of Cambrex Corporation (NYSE:CBM) earned “Overweight” rating by Stephens on Tuesday, July 21. First Analysis upgraded Cambrex Corporation (NYSE:CBM) rating on Monday, November 7. First Analysis has “Overweight” rating and $54 target. On Tuesday, January 17 the stock rating was maintained by First Analysis with “Overweight”.

Among 14 analysts covering Eastman Chemical Company (NYSE:EMN), 8 have Buy rating, 2 Sell and 4 Hold. Therefore 57% are positive. Eastman Chemical Company had 34 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was initiated by RBC Capital Markets with “Outperform” on Wednesday, October 14. Jefferies maintained Eastman Chemical Company (NYSE:EMN) on Friday, June 16 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, August 23 by Cowen & Co. The rating was maintained by Cowen & Co on Thursday, July 13 with “Buy”. On Tuesday, January 24 the stock rating was downgraded by Standpoint Research to “Hold”. The stock has “Buy” rating by Deutsche Bank on Wednesday, June 21. Deutsche Bank maintained Eastman Chemical Company (NYSE:EMN) rating on Monday, May 2. Deutsche Bank has “Buy” rating and $85 target. Citigroup maintained Eastman Chemical Company (NYSE:EMN) rating on Monday, April 18. Citigroup has “Buy” rating and $86 target. The company was maintained on Monday, January 30 by Barclays Capital. The stock of Eastman Chemical Company (NYSE:EMN) earned “Buy” rating by Citigroup on Tuesday, January 5.

Investors sentiment increased to 1.29 in 2016 Q4. Its up 0.22, from 1.07 in 2016Q3. It is positive, as 35 investors sold EMN shares while 172 reduced holdings. 78 funds opened positions while 188 raised stakes. 117.35 million shares or 0.81% less from 118.31 million shares in 2016Q3 were reported. Gateway Inv Advisers Limited Liability Corporation holds 0.17% or 242,774 shares. Icon Advisers Co invested 0.2% of its portfolio in Eastman Chemical Company (NYSE:EMN). Burney holds 0.76% or 148,070 shares. Jpmorgan Chase Communication holds 0.17% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 9.42 million shares. California-based Franklin has invested 0.04% in Eastman Chemical Company (NYSE:EMN). Hartford Management Co has invested 0.05% in Eastman Chemical Company (NYSE:EMN). Hancock Company holds 0.59% of its portfolio in Eastman Chemical Company (NYSE:EMN) for 209,378 shares. Pictet Asset stated it has 77,482 shares. Natixis invested in 0.02% or 21,781 shares. Aperio Limited Liability invested in 69,630 shares or 0.04% of the stock. 5,391 were reported by Jaffetilchin Invest Partners Ltd Limited Liability Company. Park Natl Corp Oh accumulated 3,078 shares or 0.01% of the stock. Commercial Bank Of Montreal Can has invested 0.04% in Eastman Chemical Company (NYSE:EMN). Utah Retirement has invested 0.05% in Eastman Chemical Company (NYSE:EMN). Wellington Shields Limited Liability Com invested in 5,850 shares.

Quest Investment Management Inc decreased Vanguard Index Fds Value Etf (VTV) stake by 5,345 shares to 43,380 valued at $4.04 million in 2016Q4. It also reduced Ishares Tr Us Pfd Stk Idx Etf (PFF) stake by 96,232 shares and now owns 67,043 shares. Merck & Co Inc Com (NYSE:MRK) was reduced too.

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