Denbury Resources (DNR) Stock Hold Rating Maintained at Stifel Nicolaus; The TP Given is $2.5000; Chemical Financial (CHFC) Sentiment Is 1.17

July 17, 2017 - By Winifred Garcia

Chemical Financial Corporation is a financial holding company. The company has market cap of $3.41 billion. The Firm operates in the commercial banking segment. It has a 24.08 P/E ratio. The Company, through its subsidiary bank, Chemical Bank, offers banking and fiduciary services and products.

Among 10 analysts covering Denbury Resources Inc. (NYSE:DNR), 0 have Buy rating, 3 Sell and 7 Hold. Therefore 0 are positive. Denbury Resources Inc. has $8 highest and $0.75 lowest target. $2.98’s average target is 89.81% above currents $1.57 stock price. Denbury Resources Inc. had 26 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Johnson Rice to “Hold” on Monday, February 22. The firm earned “Hold” rating on Wednesday, June 15 by Stifel Nicolaus. On Friday, December 18 the stock rating was downgraded by Stifel Nicolaus to “Sell”. UBS maintained Denbury Resources Inc. (NYSE:DNR) on Friday, October 2 with “Sell” rating. Mizuho initiated Denbury Resources Inc. (NYSE:DNR) rating on Thursday, October 6. Mizuho has “Neutral” rating and $3 target. The firm has “Underperform” rating by Credit Suisse given on Tuesday, September 8. Barclays Capital downgraded the stock to “Underweight” rating in Wednesday, August 10 report. The rating was downgraded by Cowen & Co on Tuesday, September 8 to “Market Perform”. RBC Capital Markets maintained the shares of DNR in report on Monday, February 22 with “Sector Perform” rating. The stock of Denbury Resources Inc. (NYSE:DNR) has “Sector Perform” rating given on Tuesday, April 26 by KeyBanc Capital Markets.

Chemical Bank holds 8.96% of its portfolio in Chemical Financial Corporation for 1.45 million shares. Marietta Investment Partners Llc owns 108,276 shares or 2.06% of their US portfolio. Moreover, Krasney Financial Llc has 1.7% invested in the company for 131,453 shares. The Alabama-based Mesirow Financial Investment Management has invested 1.51% in the stock. Snyder Capital Management L P, a California-based fund reported 442,744 shares.

Analysts await Chemical Financial Corporation (NASDAQ:CHFC) to report earnings on July, 25 after the close. They expect $0.73 earnings per share, up 1.39% or $0.01 from last year’s $0.72 per share. CHFC’s profit will be $51.33M for 16.61 P/E if the $0.73 EPS becomes a reality. After $0.71 actual earnings per share reported by Chemical Financial Corporation for the previous quarter, Wall Street now forecasts 2.82% EPS growth.

The stock decreased 1.14% or $0.56 on July 14, reaching $48.5. About shares traded. Chemical Financial Corporation (CHFC) has risen 21.76% since July 17, 2016 and is uptrending. It has outperformed by 5.06% the S&P500.

Since January 1, 0001, it had 1 buy, and 10 selling transactions for $19.31 million activity.

The stock increased 1.29% or $0.02 on July 14, reaching $1.57. About shares traded. Denbury Resources Inc. (NYSE:DNR) has declined 56.25% since July 17, 2016 and is downtrending. It has underperformed by 72.95% the S&P500.

Denbury Resources Inc. is an independent oil and natural gas company. The company has market cap of $633.46 million. The Company’s activities are focused in two operating areas: the Gulf Coast and Rocky Mountain regions. It currently has negative earnings. The Company’s properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, Louisiana and Alabama, and in the Rocky Mountain region are situated in Montana, North Dakota and Wyoming.

Since March 27, 2017, it had 0 insider purchases, and 1 insider sale for $35,696 activity. $35,696 worth of stock was sold by McMichael Greg on Monday, March 27.

Investors sentiment decreased to 0.66 in 2016 Q4. Its down 0.62, from 1.28 in 2016Q3. It fall, as 32 investors sold Denbury Resources Inc. shares while 93 reduced holdings. 21 funds opened positions while 61 raised stakes. 341.60 million shares or 5.29% less from 360.68 million shares in 2016Q3 were reported. 97,195 are owned by Mitsubishi Ufj & Banking. Next Grp Inc invested in 4,294 shares or 0% of the stock. Cibc Asset holds 12,684 shares. Icon Advisers holds 1.02 million shares or 0.25% of its portfolio. Lpl Fin Limited Liability Com owns 14,620 shares. Quantitative Investment Mgmt Limited Liability Company has invested 0.03% in Denbury Resources Inc. (NYSE:DNR). Price T Rowe Md reported 0% stake. Minnesota-based Thrivent Fin For Lutherans has invested 0% in Denbury Resources Inc. (NYSE:DNR). Northwestern Mutual Wealth has invested 0% in Denbury Resources Inc. (NYSE:DNR). California Public Employees Retirement holds 4.66 million shares. Shell Asset Management has 0.01% invested in Denbury Resources Inc. (NYSE:DNR) for 133,715 shares. 77,872 were accumulated by Profund Advisors Ltd Llc. Aqr Cap Mgmt Ltd Liability Com reported 0.01% of its portfolio in Denbury Resources Inc. (NYSE:DNR). Moreover, Dimensional Fund Ltd Partnership has 0.01% invested in Denbury Resources Inc. (NYSE:DNR) for 3.46M shares. Schwab Charles Investment Management accumulated 0.01% or 2.37M shares.

Analysts await Denbury Resources Inc. (NYSE:DNR) to report earnings on August, 8 before the open. They expect $-0.01 EPS, down 112.50% or $0.09 from last year’s $0.08 per share. After $-0.02 actual EPS reported by Denbury Resources Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

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