EPS for Erie Indemnity Company (ERIE) Expected At $1.14; Celanese (CE) Has 1.05 Sentiment

April 16, 2018 - By Vivian Park

Erie Indemnity Company (NASDAQ:ERIE) Logo

Celanese Corp (CE) investors sentiment increased to 1.05 in 2017 Q4. It’s up 0.14, from 0.91 in 2017Q3. The ratio is better, as 180 hedge funds started new and increased stock positions, while 171 reduced and sold their stakes in Celanese Corp. The hedge funds in our database now have: 125.13 million shares, down from 126.78 million shares in 2017Q3. Also, the number of hedge funds holding Celanese Corp in top ten stock positions decreased from 10 to 8 for a decrease of 2. Sold All: 29 Reduced: 142 Increased: 126 New Position: 54.

Analysts expect Erie Indemnity Company (NASDAQ:ERIE) to report $1.14 EPS on May, 7.They anticipate $0.23 EPS change or 25.27% from last quarter’s $0.91 EPS. ERIE’s profit would be $59.61 million giving it 25.75 P/E if the $1.14 EPS is correct. After having $0.80 EPS previously, Erie Indemnity Company’s analysts see 42.50% EPS growth. The stock increased 0.93% or $1.08 during the last trading session, reaching $117.43. About 10,352 shares traded. Erie Indemnity Company (NASDAQ:ERIE) has declined 6.61% since April 16, 2017 and is downtrending. It has underperformed by 18.16% the S&P500.

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company has market cap of $6.14 billion. The firm provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. It has a 31.23 P/E ratio. The Company’s sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services.

Investors sentiment increased to 1.71 in 2017 Q4. Its up 0.57, from 1.14 in 2017Q3. It increased, as 5 investors sold Erie Indemnity Company shares while 33 reduced holdings. 21 funds opened positions while 44 raised stakes. 14.27 million shares or 0.24% more from 14.23 million shares in 2017Q3 were reported. Horizon Kinetics Ltd Co owns 3,400 shares. Janney Montgomery Scott Ltd Co holds 0.01% or 5,004 shares. Citigroup reported 529 shares or 0% of all its holdings. Ubs Asset Americas accumulated 0% or 20,995 shares. California-based Assetmark has invested 0% in Erie Indemnity Company (NASDAQ:ERIE). American Grp has 566 shares for 0% of their portfolio. First Advsr Lp reported 187,538 shares. Parametric Portfolio Associate Limited holds 73,313 shares. Old Republic Int Corporation accumulated 222,600 shares or 0.86% of the stock. Martingale Asset Mngmt Lp owns 44,502 shares for 0.07% of their portfolio. Geode Capital Lc invested in 207,053 shares or 0.01% of the stock. Schwab Charles Investment Mngmt holds 0.01% or 139,990 shares. Amalgamated National Bank & Trust owns 4,883 shares or 0.02% of their US portfolio. Principal Grp Inc Incorporated holds 0% of its portfolio in Erie Indemnity Company (NASDAQ:ERIE) for 3,708 shares. Com Bancorp reported 9,250 shares stake.

Since December 18, 2017, it had 6 insider buys, and 0 selling transactions for $251,244 activity. NECASTRO TIMOTHY G bought $121,822 worth of stock or 1,060 shares. Hudson Brian Arden Sr. had bought 180 shares worth $20,754. 210 Erie Indemnity Company (NASDAQ:ERIE) shares with value of $25,173 were bought by Datesh LuAnn.

The stock increased 2.05% or $2.14 during the last trading session, reaching $106.3. About 432,512 shares traded. Celanese Corporation (CE) has risen 9.78% since April 16, 2017 and is uptrending. It has underperformed by 1.77% the S&P500.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $14.44 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 17.44 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

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