Hillcrest Asset Management Has Cut Stake in Aaron’s (AAN) as Share Value Rose; Pacific Ethanol (PEIX) Holder Candlewood Investment Group LP Has Lowered Its Position by $4.91 Million

May 18, 2018 - By Clifton Ray

Aaron's, Inc. (NYSE:AAN) Logo

Hillcrest Asset Management Llc decreased its stake in Aaron’s Inc (AAN) by 95.16% based on its latest 2017Q4 regulatory filing with the SEC. Hillcrest Asset Management Llc sold 268,012 shares as the company’s stock rose 12.82% while stock markets declined. The institutional investor held 13,627 shares of the technology company at the end of 2017Q4, valued at $514,000, down from 281,639 at the end of the previous reported quarter. Hillcrest Asset Management Llc who had been investing in Aaron’s Inc for a number of months, seems to be less bullish one the $2.88B market cap company. The stock increased 1.03% or $0.42 during the last trading session, reaching $41. About 535,567 shares traded. Aaron's, Inc. (NYSE:AAN) has risen 57.60% since May 18, 2017 and is uptrending. It has outperformed by 46.05% the S&P500.

Candlewood Investment Group Lp decreased its stake in Pacific Ethanol Inc (PEIX) by 52.23% based on its latest 2017Q4 regulatory filing with the SEC. Candlewood Investment Group Lp sold 1.23 million shares as the company’s stock declined 27.91% with the market. The institutional investor held 1.12 million shares of the basic industries company at the end of 2017Q4, valued at $5.11M, down from 2.35 million at the end of the previous reported quarter. Candlewood Investment Group Lp who had been investing in Pacific Ethanol Inc for a number of months, seems to be less bullish one the $155.53M market cap company. The stock decreased 0.70% or $0.03 during the last trading session, reaching $3.55. About 604,724 shares traded or 27.08% up from the average. Pacific Ethanol, Inc. (NASDAQ:PEIX) has declined 54.41% since May 18, 2017 and is downtrending. It has underperformed by 65.96% the S&P500.

Analysts await Pacific Ethanol, Inc. (NASDAQ:PEIX) to report earnings on August, 1. They expect $-0.20 earnings per share, up 9.09% or $0.02 from last year’s $-0.22 per share. After $-0.19 actual earnings per share reported by Pacific Ethanol, Inc. for the previous quarter, Wall Street now forecasts 5.26% negative EPS growth.

More news for Pacific Ethanol, Inc. (NASDAQ:PEIX) were recently published by: Globenewswire.com, which released: “Pacific Ethanol to Participate in Two Upcoming Investor Conferences” on May 10, 2018. Globenewswire.com‘s article titled: “Pacific Ethanol to Release First Quarter 2018 Results” and published on May 02, 2018 is yet another important article.

Among 7 analysts covering Pacific Ethanol (NASDAQ:PEIX), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pacific Ethanol had 13 analyst reports since October 8, 2015 according to SRatingsIntel. H.C. Wainwright maintained it with “Buy” rating and $1400 target in Friday, August 4 report. As per Monday, March 14, the company rating was maintained by Roth Capital. The company was maintained on Friday, July 28 by Roth Capital. The stock of Pacific Ethanol, Inc. (NASDAQ:PEIX) has “Buy” rating given on Wednesday, June 28 by H.C. Wainwright. Roth Capital maintained the stock with “Buy” rating in Thursday, September 28 report. As per Friday, November 3, the company rating was maintained by Roth Capital. The stock has “Buy” rating by Cowen & Co on Friday, July 28. The stock of Pacific Ethanol, Inc. (NASDAQ:PEIX) has “Buy” rating given on Tuesday, May 24 by Rodman & Reshaw.

Investors sentiment decreased to 1.04 in Q4 2017. Its down 0.23, from 1.27 in 2017Q3. It is negative, as 18 investors sold PEIX shares while 30 reduced holdings. 16 funds opened positions while 34 raised stakes. 33.06 million shares or 3.83% less from 34.38 million shares in 2017Q3 were reported. State Street holds 0% or 609,142 shares. Macquarie Gru Ltd owns 99,725 shares or 0% of their US portfolio. Rhumbline Advisers owns 0% invested in Pacific Ethanol, Inc. (NASDAQ:PEIX) for 40,079 shares. Clarivest Asset Limited Liability Corp holds 329,338 shares. Tci Wealth Advsrs invested in 0% or 153 shares. Stone Ridge Asset Mgmt Limited Com holds 0% or 13,392 shares. Blackrock reported 5.56 million shares. Deutsche State Bank Ag invested in 98,097 shares or 0% of the stock. Vanguard Grp reported 0% of its portfolio in Pacific Ethanol, Inc. (NASDAQ:PEIX). Nuveen Asset Ltd holds 85,079 shares. Moreover, State Board Of Administration Of Florida Retirement has 0% invested in Pacific Ethanol, Inc. (NASDAQ:PEIX) for 10,169 shares. State Common Retirement Fund reported 71,970 shares stake. Franklin Resource has 0% invested in Pacific Ethanol, Inc. (NASDAQ:PEIX) for 686,200 shares. Dimensional Fund Advsrs LP owns 0.01% invested in Pacific Ethanol, Inc. (NASDAQ:PEIX) for 2.86 million shares. Ajo Limited Partnership has invested 0% in Pacific Ethanol, Inc. (NASDAQ:PEIX).

Since March 6, 2018, it had 5 insider buys, and 0 sales for $172,270 activity. KOEHLER NEIL M also bought $95,895 worth of Pacific Ethanol, Inc. (NASDAQ:PEIX) shares. $9,750 worth of Pacific Ethanol, Inc. (NASDAQ:PEIX) shares were bought by Kandris Michael D. On Tuesday, March 6 Layne Larry D bought $36,950 worth of Pacific Ethanol, Inc. (NASDAQ:PEIX) or 10,000 shares. McGregor Bryon T bought $8,875 worth of Pacific Ethanol, Inc. (NASDAQ:PEIX) on Friday, March 16.

Since February 27, 2018, it had 0 insider purchases, and 9 selling transactions for $4.50 million activity. 17,500 shares were sold by Robinson John W, worth $742,525. Shares for $529,375 were sold by Woodley Ryan K. Michaels Steven A sold $425,600 worth of stock or 10,000 shares. $84,760 worth of Aaron's, Inc. (NYSE:AAN) shares were sold by Kamerschen Robert W.. Yanker Robert H sold $1.92 million worth of stock or 40,195 shares. Doman Curtis Linn sold $634,050 worth of stock or 15,000 shares.

Analysts await Aaron's, Inc. (NYSE:AAN) to report earnings on July, 27. They expect $0.78 earnings per share, up 14.71% or $0.10 from last year’s $0.68 per share. AAN’s profit will be $54.87 million for 13.14 P/E if the $0.78 EPS becomes a reality. After $0.81 actual earnings per share reported by Aaron's, Inc. for the previous quarter, Wall Street now forecasts -3.70% negative EPS growth.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.09, from 0.97 in 2017Q3. It dived, as 36 investors sold AAN shares while 89 reduced holdings. 43 funds opened positions while 67 raised stakes. 70.25 million shares or 1.07% less from 71.01 million shares in 2017Q3 were reported. Capital One Natl Association accumulated 0.06% or 21,961 shares. Eqis Cap Mngmt stated it has 5,118 shares or 0.01% of all its holdings. Affinity Invest Lc holds 0.03% or 6,859 shares in its portfolio. Oregon Pub Employees Retirement Fund holds 0.02% or 23,184 shares in its portfolio. Stone Ridge Asset Mgmt Ltd Co owns 37,779 shares or 0.1% of their US portfolio. Thrivent Financial For Lutherans holds 13,497 shares or 0% of its portfolio. Credit Suisse Ag reported 112,989 shares. Quantbot Technology Limited Partnership reported 2,691 shares or 0.01% of all its holdings. Lazard Asset Management Ltd invested 0% in Aaron's, Inc. (NYSE:AAN). Grantham Mayo Van Otterloo Ltd Liability Corp stated it has 7,400 shares. Moreover, Blackrock Inc has 0.01% invested in Aaron's, Inc. (NYSE:AAN). Lapides Asset Mgmt Ltd Liability Corp accumulated 101,300 shares or 0.88% of the stock. Envestnet Asset Mngmt stated it has 503 shares. State Board Of Administration Of Florida Retirement System holds 0% or 40,470 shares. D E Shaw & owns 991,982 shares.

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