American Outdoor Brands (AOBC) Reaches $11.16 After 8.00% Up Move; Jpmorgan Chase & Company Decreased By $4.61 Million Its Barrett Bill (BBG) Holding

April 17, 2018 - By Dolores Ford

HighPoint Resources Corporation (NYSE:BBG) Logo

The stock of American Outdoor Brands Corporation (NASDAQ:AOBC) is a huge mover today! The stock increased 2.86% or $0.31 during the last trading session, reaching $11.16. About 337,089 shares traded. American Outdoor Brands Corporation (NASDAQ:AOBC) has declined 47.41% since April 17, 2017 and is downtrending. It has underperformed by 58.96% the S&P500.The move comes after 5 months positive chart setup for the $604.09M company. It was reported on Apr, 17 by Barchart.com. We have $12.05 PT which if reached, will make NASDAQ:AOBC worth $48.33 million more.

Jpmorgan Chase & Company decreased Barrett Bill Corp (BBG) stake by 18.63% reported in 2017Q4 SEC filing. Jpmorgan Chase & Company sold 922,144 shares as Barrett Bill Corp (BBG)’s stock rose 5.22%. The Jpmorgan Chase & Company holds 4.03M shares with $20.66 million value, down from 4.95 million last quarter. Barrett Bill Corp now has $534.09M valuation. The stock increased 0.41% or $0.02 during the last trading session, reaching $4.84. About 2.52M shares traded. HighPoint Resources Corporation (NYSE:BBG) has risen 7.80% since April 17, 2017 and is uptrending. It has underperformed by 3.75% the S&P500.

Investors sentiment increased to 1.83 in Q4 2017. Its up 0.53, from 1.3 in 2017Q3. It improved, as 10 investors sold BBG shares while 38 reduced holdings. 33 funds opened positions while 55 raised stakes. 88.44 million shares or 45.12% more from 60.94 million shares in 2017Q3 were reported. Moreover, Manufacturers Life Ins The has 0% invested in HighPoint Resources Corporation (NYSE:BBG). Cubist Systematic Strategies Ltd Liability Company owns 319,570 shares for 0.09% of their portfolio. Cornerstone Mngmt Hldg Limited Liability Company holds 73,800 shares. Pnc Fincl Serv Group Incorporated, Pennsylvania-based fund reported 5,658 shares. Raymond James & Assoc invested in 0% or 41,883 shares. Arrowstreet Limited Partnership holds 0% or 43,200 shares. Swiss Bank & Trust invested 0% in HighPoint Resources Corporation (NYSE:BBG). 10,782 are held by Amalgamated Bank. Victory Mgmt Incorporated accumulated 204,580 shares. Teachers Retirement Systems Of The State Of Kentucky stated it has 18,200 shares or 0% of all its holdings. Citigroup holds 0% or 934 shares. Aperio Group Limited Liability Corporation reported 0% stake. The Connecticut-based Tudor Inv Et Al has invested 0.01% in HighPoint Resources Corporation (NYSE:BBG). Assetmark reported 27 shares. Grp Inc Inc One Trading Ltd Partnership stated it has 0% in HighPoint Resources Corporation (NYSE:BBG).

Among 20 analysts covering Bill Barrett Corporation (NYSE:BBG), 6 have Buy rating, 2 Sell and 12 Hold. Therefore 30% are positive. Bill Barrett Corporation had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of HighPoint Resources Corporation (NYSE:BBG) earned “Accumulate” rating by KLR Group on Tuesday, August 11. The stock of HighPoint Resources Corporation (NYSE:BBG) has “Buy” rating given on Friday, August 7 by Canaccord Genuity. The firm has “Buy” rating by Imperial Capital given on Monday, February 5. On Thursday, December 15 the stock rating was downgraded by Wunderlich to “Hold”. The stock of HighPoint Resources Corporation (NYSE:BBG) earned “In-Line” rating by Imperial Capital on Thursday, December 7. The firm earned “Sector Weight” rating on Thursday, April 28 by KeyBanc Capital Markets. The rating was maintained by Deutsche Bank on Wednesday, October 14 with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, December 9 report. Barclays Capital maintained the shares of BBG in report on Monday, June 6 with “Equalweight” rating. Barclays Capital maintained HighPoint Resources Corporation (NYSE:BBG) on Wednesday, December 13 with “Equal-Weight” rating.

Since December 15, 2017, it had 0 buys, and 1 insider sale for $46,400 activity. 10,000 shares were sold by WOODALL R SCOT, worth $46,400 on Friday, December 15.

Jpmorgan Chase & Company increased Norwegian Cruise Line Hldgs (NASDAQ:NCLH) stake by 322,056 shares to 2.88M valued at $153.48M in 2017Q4. It also upped Nextera Energy Inc (Call) stake by 18,300 shares and now owns 35,300 shares. Caci Intl Inc (NYSE:CACI) was raised too.

Among 7 analysts covering American Outdoor Brands (NASDAQ:AOBC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. American Outdoor Brands has $2700 highest and $13.0 lowest target. $18.50’s average target is 65.77% above currents $11.16 stock price. American Outdoor Brands had 16 analyst reports since January 18, 2017 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Friday, July 7. The firm has “Hold” rating given on Thursday, September 7 by Jefferies. The stock of American Outdoor Brands Corporation (NASDAQ:AOBC) earned “Neutral” rating by Wedbush on Wednesday, January 18. The firm has “Hold” rating by Lake Street given on Friday, November 17. The firm has “Hold” rating by Jefferies given on Tuesday, February 28. The stock of American Outdoor Brands Corporation (NASDAQ:AOBC) earned “Buy” rating by Cowen & Co on Friday, August 4. The stock has “Hold” rating by Jefferies on Friday, June 2. The firm has “Outperform” rating by Wedbush given on Monday, September 25. The company was maintained on Friday, November 3 by Cowen & Co. On Friday, September 8 the stock rating was maintained by Cowen & Co with “Buy”.

American Outdoor Brands Corporation designs, makes, and sells firearms worldwide. The company has market cap of $604.09 million. It operates in two divisions, Firearms, and Outdoor Products & Accessories. It has a 15.16 P/E ratio. The firm offers handguns, long guns, handcuffs, sporting and hunting rifles, black powder firearms, and firearm-related products and accessories.

Analysts await American Outdoor Brands Corporation (NASDAQ:AOBC) to report earnings on July, 5. They expect $0.10 EPS, down 82.46% or $0.47 from last year’s $0.57 per share. AOBC’s profit will be $5.41 million for 27.90 P/E if the $0.10 EPS becomes a reality. After $0.09 actual EPS reported by American Outdoor Brands Corporation for the previous quarter, Wall Street now forecasts 11.11% EPS growth.

American Outdoor Brands Corporation (NASDAQ:AOBC) Ratings Chart

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