Fil LTD Has Trimmed Weyerhaeuser Co (WY) Holding as Stock Price Declined; As Newpark Resources (NR) Valuation Declined, Shareholder Oslo Asset Management Asa Decreased by $2.45 Million Its Position

April 19, 2018 - By Adrian Erickson

Newpark Resources, Inc. (NYSE:NR) Logo

Oslo Asset Management Asa decreased its stake in Newpark Resources Inc (NR) by 9.77% based on its latest 2017Q4 regulatory filing with the SEC. Oslo Asset Management Asa sold 306,805 shares as the company’s stock declined 5.78% with the market. The institutional investor held 2.83M shares of the energy company at the end of 2017Q4, valued at $24.36M, down from 3.14 million at the end of the previous reported quarter. Oslo Asset Management Asa who had been investing in Newpark Resources Inc for a number of months, seems to be less bullish one the $864.14 million market cap company. The stock decreased 1.28% or $0.125 during the last trading session, reaching $9.675. About 97,768 shares traded. Newpark Resources, Inc. (NYSE:NR) has risen 8.67% since April 19, 2017 and is uptrending. It has underperformed by 2.88% the S&P500.

Fil Ltd decreased its stake in Weyerhaeuser Co (WY) by 4.92% based on its latest 2017Q4 regulatory filing with the SEC. Fil Ltd sold 128,577 shares as the company’s stock declined 0.11% with the market. The institutional investor held 2.48M shares of the real estate investment trusts company at the end of 2017Q4, valued at $87.61 million, down from 2.61M at the end of the previous reported quarter. Fil Ltd who had been investing in Weyerhaeuser Co for a number of months, seems to be less bullish one the $27.61 billion market cap company. The stock decreased 0.98% or $0.36 during the last trading session, reaching $36.49. About 1.01M shares traded. Weyerhaeuser Company (NYSE:WY) has risen 4.15% since April 19, 2017 and is uptrending. It has underperformed by 7.40% the S&P500.

Among 7 analysts covering Newpark Resources (NYSE:NR), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Newpark Resources had 14 analyst reports since September 4, 2015 according to SRatingsIntel. The rating was upgraded by Tudor Pickering to “Buy” on Monday, May 2. The firm earned “Buy” rating on Thursday, November 2 by SunTrust. The firm has “Buy” rating given on Thursday, January 5 by Loop Capital. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, June 1. The stock has “Market Perform” rating by Cowen & Co on Thursday, January 19. Cowen & Co maintained the shares of NR in report on Friday, October 6 with “Hold” rating. Cowen & Co maintained it with “Hold” rating and $800 target in Friday, July 7 report. Credit Suisse maintained Newpark Resources, Inc. (NYSE:NR) rating on Friday, September 4. Credit Suisse has “Neutral” rating and $8 target. The rating was maintained by Cowen & Co on Tuesday, February 16 with “Outperform”. The firm has “Overweight” rating given on Wednesday, June 15 by Capital One.

Since February 21, 2018, it had 0 buys, and 1 insider sale for $370,731 activity.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.11, from 0.97 in 2017Q3. It improved, as 18 investors sold NR shares while 53 reduced holdings. 26 funds opened positions while 51 raised stakes. 86.52 million shares or 1.58% less from 87.91 million shares in 2017Q3 were reported. Stifel Corp invested 0% in Newpark Resources, Inc. (NYSE:NR). Metropolitan Life Insur has invested 0% in Newpark Resources, Inc. (NYSE:NR). Cap One Association owns 50,762 shares. Tcw Group Inc stated it has 0.04% in Newpark Resources, Inc. (NYSE:NR). Vanguard Grp Incorporated has invested 0% in Newpark Resources, Inc. (NYSE:NR). Arizona State Retirement Systems stated it has 0.01% of its portfolio in Newpark Resources, Inc. (NYSE:NR). Victory Cap Mgmt Inc holds 0% of its portfolio in Newpark Resources, Inc. (NYSE:NR) for 199,700 shares. Chicago Equity Prtnrs Llc invested 0.06% in Newpark Resources, Inc. (NYSE:NR). Qs Invsts Ltd Liability Corporation invested 0% in Newpark Resources, Inc. (NYSE:NR). Zacks Investment Mgmt holds 0% or 13,435 shares. Oslo Asset Mngmt As reported 8.94% stake. Franklin Resources Incorporated has 1.14M shares for 0% of their portfolio. Los Angeles Capital Mgmt Equity Rech Incorporated owns 0% invested in Newpark Resources, Inc. (NYSE:NR) for 30,019 shares. Peoples Financial Services Corp owns 100 shares. Piermont Mngmt invested 0.64% of its portfolio in Newpark Resources, Inc. (NYSE:NR).

Analysts await Newpark Resources, Inc. (NYSE:NR) to report earnings on April, 26 after the close. They expect $0.07 EPS, up 800.00% or $0.08 from last year’s $-0.01 per share. NR’s profit will be $6.25 million for 34.55 P/E if the $0.07 EPS becomes a reality. After $0.06 actual EPS reported by Newpark Resources, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Fil Ltd, which manages about $35.93B US Long portfolio, upped its stake in Univar Inc by 88,024 shares to 237,483 shares, valued at $7.35 million in 2017Q4, according to the filing. It also increased its holding in Oracle Corp (NYSE:ORCL) by 2.02 million shares in the quarter, for a total of 22.32M shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

Among 14 analysts covering Weyerhaeuser Company (NYSE:WY), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Weyerhaeuser Company had 35 analyst reports since September 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Thursday, September 22. The rating was maintained by Argus Research on Tuesday, March 15 with “Buy”. The stock of Weyerhaeuser Company (NYSE:WY) earned “Strong Buy” rating by Raymond James on Monday, January 9. RBC Capital Markets maintained the shares of WY in report on Wednesday, April 19 with “Buy” rating. As per Friday, October 9, the company rating was upgraded by UBS. The firm has “Buy” rating by Citigroup given on Friday, March 11. The stock has “Buy” rating by Argus Research on Thursday, November 2. The stock has “Outperform” rating by CLSA on Friday, November 13. As per Friday, October 6, the company rating was maintained by RBC Capital Markets. The firm has “Neutral” rating given on Friday, August 12 by Dundee Securities.

Investors sentiment increased to 1.14 in Q4 2017. Its up 0.04, from 1.1 in 2017Q3. It is positive, as 34 investors sold WY shares while 268 reduced holdings. 71 funds opened positions while 272 raised stakes. 545.30 million shares or 1.12% less from 551.50 million shares in 2017Q3 were reported. Tiverton Asset Mngmt Ltd has invested 0.01% in Weyerhaeuser Company (NYSE:WY). Amalgamated Bank holds 94,139 shares or 0.09% of its portfolio. Sii Investments Wi invested 0.03% of its portfolio in Weyerhaeuser Company (NYSE:WY). Tiedemann Wealth Management Ltd Limited Liability Company reported 8,277 shares. The California-based Everett Harris & Ca has invested 0.1% in Weyerhaeuser Company (NYSE:WY). The Texas-based Amer National Registered Investment Advisor has invested 0.26% in Weyerhaeuser Company (NYSE:WY). Fred Alger Inc reported 27 shares. Benjamin F Edwards Co Incorporated holds 22,654 shares or 0.08% of its portfolio. Van Cleef Asset Managementinc accumulated 1.9% or 218,730 shares. Grandfield & Dodd Ltd Limited Liability Company has invested 1.56% of its portfolio in Weyerhaeuser Company (NYSE:WY). 329,311 were reported by Dimensional Fund Advisors Lp. Hyman Charles D invested in 125,318 shares or 0.51% of the stock. Envestnet Asset Mgmt owns 137,077 shares or 0.01% of their US portfolio. Ls Invest Advsr Ltd Liability Co holds 0.16% or 77,171 shares. First Personal Finance Services reported 0.02% of its portfolio in Weyerhaeuser Company (NYSE:WY).

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on April, 27 before the open. They expect $0.33 EPS, up 50.00% or $0.11 from last year’s $0.22 per share. WY’s profit will be $249.70M for 27.64 P/E if the $0.33 EPS becomes a reality. After $0.31 actual EPS reported by Weyerhaeuser Company for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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