EPS for Sotheby's (BID) Expected At $1.55

July 11, 2018 - By Lawrence Diaz

Sotheby's (NYSE:BID) LogoInvestors sentiment increased to 0.99 in 2018 Q1. Its up 0.13, from 0.86 in 2017Q4. It is positive, as 15 investors sold Sotheby's shares while 69 reduced holdings. 30 funds opened positions while 53 raised stakes. 46.18 million shares or 0.10% more from 46.14 million shares in 2017Q4 were reported.
Lpl Lc reported 4,706 shares. Edgestream Prns L P has 0.18% invested in Sotheby's (NYSE:BID) for 17,441 shares. Tudor Et Al holds 14,387 shares. State Treasurer State Of Michigan reported 0.01% of its portfolio in Sotheby's (NYSE:BID). Virginia Retirement Systems Et Al invested in 11,600 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0% or 6,470 shares. Great West Life Assurance Can invested 0% in Sotheby's (NYSE:BID). Millennium Mngmt Limited Liability Company holds 0.02% of its portfolio in Sotheby's (NYSE:BID) for 308,524 shares. Hexavest, Quebec – Canada-based fund reported 1,072 shares. Schwab Charles Investment invested 0.01% in Sotheby's (NYSE:BID). 13D Mngmt Lc holds 3.05% or 214,633 shares in its portfolio. Royal Bank Of Canada stated it has 20,977 shares or 0% of all its holdings. Public Employees Retirement Systems Of Ohio invested in 18,315 shares or 0% of the stock. Ameriprise has invested 0.01% of its portfolio in Sotheby's (NYSE:BID). Ny State Teachers Retirement Systems holds 0.01% or 96,310 shares.

Since March 5, 2018, it had 0 buys, and 2 sales for $3.45 million activity. $3.36 million worth of Sotheby's (NYSE:BID) was sold by Reza Olivier on Monday, March 5.

Analysts expect Sotheby's (NYSE:BID) to report $1.55 EPS on August, 2.They anticipate $0.12 EPS change or 8.39 % from last quarter’s $1.43 EPS. BID’s profit would be $80.31M giving it 8.98 P/E if the $1.55 EPS is correct. After having $0.09 EPS previously, Sotheby's’s analysts see 1,622.22 % EPS growth. The stock decreased 1.47% or $0.83 during the last trading session, reaching $55.66. About 144,619 shares traded. Sotheby's (NYSE:BID) has risen 5.32% since July 12, 2017 and is uptrending. It has underperformed by 7.25% the S&P500.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, jewelry, wine, and collectibles in the United States, the United Kingdom, China, France, Switzerland, and internationally. The company has market cap of $2.88 billion. The firm operates through two divisions, Agency and Finance. It has a 24.23 P/E ratio. The Agency segment accepts property on consignment; and matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine, and collectibles through the auction or private sale process.

Sotheby's (NYSE:BID) Institutional Positions Chart

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