EPS for Weingarten Realty Investors (WRI) Expected At $0.61; Cornerstone Capital Management Holdings Decreased Its Horizon Bancorp Indiana (HBNC) Stake

February 15, 2018 - By Louis Casey

Cornerstone Capital Management Holdings Llc decreased Horizon Bancorp Indiana (HBNC) stake by 19.95% reported in 2017Q3 SEC filing. Cornerstone Capital Management Holdings Llc sold 13,500 shares as Horizon Bancorp Indiana (HBNC)’s stock declined 4.53%. The Cornerstone Capital Management Holdings Llc holds 54,177 shares with $1.58 million value, down from 67,677 last quarter. Horizon Bancorp Indiana now has $745.78 million valuation. The stock increased 0.38% or $0.11 during the last trading session, reaching $29.19. About 102,146 shares traded or 7.72% up from the average. Horizon Bancorp (NASDAQ:HBNC) has risen 57.87% since February 15, 2017 and is uptrending. It has outperformed by 41.17% the S&P500.

Analysts expect Weingarten Realty Investors (NYSE:WRI) to report $0.61 EPS on February, 21 after the close.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.61 EPS. WRI’s profit would be $79.23 million giving it 10.94 P/E if the $0.61 EPS is correct. After having $0.61 EPS previously, Weingarten Realty Investors’s analysts see 0.00% EPS growth. The stock decreased 1.26% or $0.34 during the last trading session, reaching $26.7. About 918,849 shares traded or 28.91% up from the average. Weingarten Realty Investors (NYSE:WRI) has declined 15.79% since February 15, 2017 and is downtrending. It has underperformed by 32.49% the S&P500.

Since August 25, 2017, it had 0 insider buys, and 4 sales for $571,200 activity. $78,000 worth of Horizon Bancorp (NASDAQ:HBNC) was sold by EDWARDS THOMAS H on Tuesday, September 12. Shares for $47,250 were sold by NEFF JAMES D. 10,000 shares valued at $272,900 were sold by Thompson Michele M. on Wednesday, December 13.

Among 10 analysts covering Horizon Bancorp (NASDAQ:HBNC), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Horizon Bancorp had 21 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Horizon Bancorp (NASDAQ:HBNC) earned “Buy” rating by Piper Jaffray on Friday, July 28. PiperJaffray initiated Horizon Bancorp (NASDAQ:HBNC) rating on Thursday, October 6. PiperJaffray has “Overweight” rating and $33.50 target. The rating was maintained by Piper Jaffray with “Buy” on Friday, October 6. Piper Jaffray maintained Horizon Bancorp (NASDAQ:HBNC) on Sunday, January 28 with “Buy” rating. The company was upgraded on Friday, August 7 by Bruyette & Woods”. The firm earned “Mkt Perform” rating on Friday, August 7 by Bruyette & Woods”. As per Thursday, January 25, the company rating was maintained by Keefe Bruyette & Woods. Stephens initiated Horizon Bancorp (NASDAQ:HBNC) on Friday, October 2 with “Overweight” rating. The rating was downgraded by Zacks on Thursday, September 3 to “Sell”. The firm earned “Outperform” rating on Monday, March 14 by FIG Partners.

Cornerstone Capital Management Holdings Llc increased 51Job Inc (NASDAQ:JOBS) stake by 70,124 shares to 306,475 valued at $18.58 million in 2017Q3. It also upped Ventas Inc (NYSE:VTR) stake by 8,133 shares and now owns 248,287 shares. Wynn Resorts Ltd (NASDAQ:WYNN) was raised too.

Investors sentiment increased to 1.7 in 2017 Q3. Its up 0.01, from 1.69 in 2017Q2. It is positive, as 2 investors sold HBNC shares while 21 reduced holdings. 6 funds opened positions while 33 raised stakes. 11.20 million shares or 10.81% more from 10.11 million shares in 2017Q2 were reported. Catalyst Cap Advsrs Ltd Liability invested 0.03% in Horizon Bancorp (NASDAQ:HBNC). Jacobs Asset Management Limited Liability Company holds 1.82% of its portfolio in Horizon Bancorp (NASDAQ:HBNC) for 327,846 shares. California State Teachers Retirement Systems, California-based fund reported 34,064 shares. Moreover, Great West Life Assurance Can has 0% invested in Horizon Bancorp (NASDAQ:HBNC) for 1,600 shares. First Trust Advsr LP owns 70,315 shares or 0.01% of their US portfolio. Comerica Bank & Trust reported 156,531 shares. Pacific Ridge Llc holds 1.19% or 144,293 shares. Principal Fincl holds 7,773 shares or 0% of its portfolio. Blackrock Inc invested 0% in Horizon Bancorp (NASDAQ:HBNC). Metropolitan Life Ins New York has 0% invested in Horizon Bancorp (NASDAQ:HBNC). Gsa Cap Prtn Limited Liability Partnership reported 10,853 shares. Credit Suisse Ag invested 0% in Horizon Bancorp (NASDAQ:HBNC). Citigroup stated it has 0% of its portfolio in Horizon Bancorp (NASDAQ:HBNC). Plante Moran Finance Advisors Ltd Co invested in 4,426 shares or 0.08% of the stock. Minerva Advsrs Lc accumulated 29,816 shares or 0.46% of the stock.

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.04, from 1.2 in 2017Q2. It worsened, as 23 investors sold Weingarten Realty Investors shares while 71 reduced holdings. 27 funds opened positions while 82 raised stakes. 98.53 million shares or 1.92% less from 100.46 million shares in 2017Q2 were reported. Ls Inv Ltd Liability accumulated 10,880 shares or 0.02% of the stock. Amalgamated Bancshares holds 22,871 shares. 74,827 were accumulated by Stephens Ar. Federated Invsts Pa holds 0.01% in Weingarten Realty Investors (NYSE:WRI) or 59,476 shares. Janney Montgomery Scott Ltd Liability Co invested 0% in Weingarten Realty Investors (NYSE:WRI). Anchor Capital Advsrs Ltd Liability Co holds 9,150 shares. Presima owns 95,600 shares for 0.4% of their portfolio. Invesco Limited owns 791,249 shares or 0.01% of their US portfolio. Macquarie Grp invested 0.04% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Moreover, Daiwa Gp has 0% invested in Weingarten Realty Investors (NYSE:WRI) for 11,700 shares. Teachers Retirement Of The State Of Kentucky has 27,150 shares. The Florida-based Raymond James And Associate has invested 0% in Weingarten Realty Investors (NYSE:WRI). Balyasny Asset Mngmt Ltd Liability stated it has 0% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Commonwealth Of Pennsylvania School Empls Retrmt reported 17,422 shares or 0.01% of all its holdings. Jefferies Grp Ltd Liability Com accumulated 13,369 shares or 0% of the stock.

Weingarten Realty Investors is a shopping center owner, manager and developer. The company has market cap of $3.47 billion. At September 30, 2017, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 210 properties which are located in 18 states spanning the country from coast to coast. It has a 16.26 P/E ratio. These properties represent approximately 42.4 million square feet of which our interests in these properties aggregated approximately 27.2 million square feet of leasable area.

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