ReneSola Ltd (SOL) EPS Estimated At $0.01; Rivernorth Capital Management Has Decreased Blackrock LTD Duration T (BLW) Holding By $712,800

May 18, 2018 - By Pete Kolinski

Rivernorth Capital Management Llc decreased Blackrock Ltd Duration Inc T (BLW) stake by 20.92% reported in 2017Q4 SEC filing. Rivernorth Capital Management Llc sold 47,520 shares as Blackrock Ltd Duration Inc T (BLW)’s stock declined 5.30%. The Rivernorth Capital Management Llc holds 179,684 shares with $2.86 million value, down from 227,204 last quarter. Blackrock Ltd Duration Inc T now has $553.58M valuation. The stock increased 0.13% or $0.02 during the last trading session, reaching $14.96. About 51,072 shares traded. BlackRock Limited Duration Income Trust (NYSE:BLW) has declined 2.40% since May 18, 2017 and is downtrending. It has underperformed by 13.95% the S&P500.

Analysts expect ReneSola Ltd (NYSE:SOL) to report $0.01 EPS on June, 21.They anticipate $1.17 EPS change or 100.86% from last quarter’s $-1.16 EPS. SOL’s profit would be $380,679 giving it 70.00 P/E if the $0.01 EPS is correct. After having $0.04 EPS previously, ReneSola Ltd’s analysts see -75.00% EPS growth. The stock decreased 0.36% or $0.01 during the last trading session, reaching $2.8. About 27,159 shares traded. ReneSola Ltd (NYSE:SOL) has risen 8.30% since May 18, 2017 and is uptrending. It has underperformed by 3.25% the S&P500.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.01, from 0.92 in 2017Q3. It is negative, as 8 investors sold BLW shares while 15 reduced holdings. 5 funds opened positions while 16 raised stakes. 6.69 million shares or 0.47% less from 6.72 million shares in 2017Q3 were reported. Landscape Mgmt Ltd Liability Corp accumulated 0.01% or 10,509 shares. Invesco stated it has 541,270 shares or 0% of all its holdings. Asset Mgmt reported 0.01% of its portfolio in BlackRock Limited Duration Income Trust (NYSE:BLW). Citigroup accumulated 400 shares. Seabridge Inv Advisors Limited Liability Co has invested 0.29% in BlackRock Limited Duration Income Trust (NYSE:BLW). First Allied Advisory Serv holds 11,896 shares. Morgan Stanley has invested 0.01% of its portfolio in BlackRock Limited Duration Income Trust (NYSE:BLW). Fiera Cap has invested 0% in BlackRock Limited Duration Income Trust (NYSE:BLW). Stifel stated it has 0% in BlackRock Limited Duration Income Trust (NYSE:BLW). Of Vermont accumulated 300 shares or 0% of the stock. First Foundation Advsrs owns 351,980 shares for 0.3% of their portfolio. Livingston Gru Asset Co (Operating As Southport Capital Management) holds 0.6% or 99,054 shares in its portfolio. Cap Investment Advsrs Lc reported 0.19% stake. Ameriprise Fin owns 0% invested in BlackRock Limited Duration Income Trust (NYSE:BLW) for 60,054 shares. Oxbow Advisors Lc has 74,396 shares for 0.22% of their portfolio.

Rivernorth Capital Management Llc increased Invesco Sr Income Tr (VVR) stake by 861,268 shares to 6.20M valued at $27.23M in 2017Q4. It also upped Templeton Global Income Fd (GIM) stake by 454,658 shares and now owns 4.05M shares. Cornerstone Total Rtrn Fd In (CRF) was raised too.

Among 4 analysts covering Renesola Ltd. (NYSE:SOL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Renesola Ltd. had 10 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, December 20 by Roth Capital. Roth Capital maintained ReneSola Ltd (NYSE:SOL) rating on Wednesday, November 22. Roth Capital has “Hold” rating and $2.55 target. The firm has “Neutral” rating by Credit Suisse given on Wednesday, March 29. The rating was maintained by Roth Capital on Thursday, June 15 with “Sell”. The company was upgraded on Friday, August 28 by Zacks. Roth Capital downgraded the stock to “Sell” rating in Friday, August 5 report. As per Monday, October 16, the company rating was upgraded by Roth Capital. The stock of ReneSola Ltd (NYSE:SOL) earned “Hold” rating by Roth Capital on Wednesday, March 9. As per Wednesday, December 16, the company rating was upgraded by TH Capital.

ReneSola Ltd, through its subsidiaries, makes and sells various solar power products in the People's Republic of China and internationally. The company has market cap of $106.59 million. The firm operates through three divisions: Wafer, Cell and Module, and Solar Power Projects. It currently has negative earnings. It provides virgin polysilicon, monocrystalline, and multicrystalline solar wafers; and photovoltaic cells.

More recent ReneSola Ltd (NYSE:SOL) news were published by: Seekingalpha.com which released: “ReneSola Ltd. 2017 Q4 – Results – Earnings Call Slides” on April 25, 2018. Also Seekingalpha.com published the news titled: “ReneSola’s (SOL) CEO Xianshou Li on Q4 2017 Results – Earnings Call Transcript” on April 25, 2018. Prnewswire.com‘s news article titled: “ReneSola Forms Strategic Partnership for China DG Project Development” with publication date: May 02, 2018 was also an interesting one.

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