Stifel Nicolaus Reiterates Black Stone Minerals (BSM) As “Buy”; Has PT Of $18.0000, Gotham Asset Management Has Lowered L (LLL) Holding

July 17, 2017 - By Kurt Siggers

Gotham Asset Management Llc decreased L (LLL) stake by 38.58% reported in 2016Q4 SEC filing. Gotham Asset Management Llc sold 42,479 shares as L (LLL)’s stock declined 3.29%. The Gotham Asset Management Llc holds 67,629 shares with $10.29M value, down from 110,108 last quarter. L now has $13.65B valuation. The stock increased 1.85% or $3.12 on July 14, reaching $172.11. About shares traded. L3 Technologies Inc (NYSE:LLL) has risen 18.89% since July 17, 2016 and is uptrending. It has outperformed by 2.19% the S&P500.

Among 6 analysts covering Black Stone Minerals (NYSE:BSM), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Black Stone Minerals has $20 highest and $16 lowest target. $17.67’s average target is 8.74% above currents $16.25 stock price. Black Stone Minerals had 11 analyst reports since August 14, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Black Stone Minerals LP (NYSE:BSM) rating on Thursday, July 13. Stifel Nicolaus has “Buy” rating and $1800 target. Stifel Nicolaus upgraded the stock to “Buy” rating in Friday, March 24 report. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, August 16 report. FBR Capital initiated it with “Outperform” rating and $17 target in Wednesday, March 23 report. Barclays Capital maintained Black Stone Minerals LP (NYSE:BSM) on Wednesday, September 30 with “Overweight” rating. The stock of Black Stone Minerals LP (NYSE:BSM) earned “Overweight” rating by Barclays Capital on Thursday, July 13. The stock of Black Stone Minerals LP (NYSE:BSM) earned “Overweight” rating by Simmons & Co on Friday, September 25. As per Thursday, December 22, the company rating was downgraded by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 9.

Analysts await L3 Technologies Inc (NYSE:LLL) to report earnings on July, 27. They expect $2.02 earnings per share, up 7.45% or $0.14 from last year’s $1.88 per share. LLL’s profit will be $160.21 million for 21.30 P/E if the $2.02 EPS becomes a reality. After $2.07 actual earnings per share reported by L3 Technologies Inc for the previous quarter, Wall Street now forecasts -2.42% negative EPS growth.

Among 13 analysts covering L-3 Communications (NYSE:LLL), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. L-3 Communications had 28 analyst reports since July 30, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of LLL in report on Wednesday, June 14 with “Buy” rating. The stock of L3 Technologies Inc (NYSE:LLL) has “Hold” rating given on Tuesday, May 30 by Jefferies. The stock of L3 Technologies Inc (NYSE:LLL) has “Sector Perform” rating given on Friday, July 31 by RBC Capital Markets. The company was maintained on Monday, December 5 by Deutsche Bank. The rating was upgraded by Barclays Capital on Thursday, November 10 to “Overweight”. The stock has “Overweight” rating by JP Morgan on Thursday, August 25. The firm earned “Market Perform” rating on Friday, October 30 by Cowen & Co. RBC Capital Markets maintained L3 Technologies Inc (NYSE:LLL) rating on Friday, July 7. RBC Capital Markets has “Hold” rating and $17800 target. The stock of L3 Technologies Inc (NYSE:LLL) has “Sector Perform” rating given on Wednesday, December 9 by RBC Capital Markets. The stock has “Buy” rating by on Monday, October 10.

Investors sentiment decreased to 0.47 in 2016 Q4. Its down 0.59, from 1.06 in 2016Q3. It is negative, as 150 investors sold LLL shares while 135 reduced holdings. 41 funds opened positions while 92 raised stakes. 46.95 million shares or 22.62% less from 60.67 million shares in 2016Q3 were reported. Moreover, Metropolitan Life Com Ny has 0.04% invested in L3 Technologies Inc (NYSE:LLL). The California-based Blackrock Institutional Company Na has invested 0.05% in L3 Technologies Inc (NYSE:LLL). Ls Invest Advisors Ltd Liability Co has invested 0.1% in L3 Technologies Inc (NYSE:LLL). Oak Associates Oh stated it has 2,150 shares or 0.03% of all its holdings. Brown Advisory reported 0% stake. Kcg Inc invested 0.01% of its portfolio in L3 Technologies Inc (NYSE:LLL). Jpmorgan Chase And holds 0.05% of its portfolio in L3 Technologies Inc (NYSE:LLL) for 1.47M shares. Prelude Mgmt Limited Liability Corporation accumulated 7,555 shares. Highlander Mgmt Ltd Liability Corp holds 0.04% or 299 shares in its portfolio. Geode Mgmt Limited Com stated it has 0.05% in L3 Technologies Inc (NYSE:LLL). Jane Street Grp Incorporated Ltd Liability has 6,938 shares. Teachers Retirement Systems Of The State Of Kentucky accumulated 9,600 shares or 0.02% of the stock. Korea Inv has 0.03% invested in L3 Technologies Inc (NYSE:LLL). Janney Montgomery Scott Ltd holds 14,978 shares or 0.03% of its portfolio. Chesapeake Asset Limited Liability reported 0.24% stake.

Gotham Asset Management Llc increased Sinclair Broadcast Group Inc (NASDAQ:SBGI) stake by 13,372 shares to 21,318 valued at $711,000 in 2016Q4. It also upped Cooper Tire & Rubr Co (NYSE:CTB) stake by 157,873 shares and now owns 214,913 shares. Ca Inc (NASDAQ:CA) was raised too.

Analysts await Black Stone Minerals LP (NYSE:BSM) to report earnings on August, 7 after the close. They expect $0.19 earnings per share, up 337.50% or $0.27 from last year’s $-0.08 per share. BSM’s profit will be $37.18M for 21.38 P/E if the $0.19 EPS becomes a reality. After $0.36 actual earnings per share reported by Black Stone Minerals LP for the previous quarter, Wall Street now forecasts -47.22% negative EPS growth.

Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The company has market cap of $3.18 billion. The Company’s principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests. It has a 47.33 P/E ratio. As of December 31, 2016, it owned mineral interests in approximately 15.5 million acres, with an average 45.7% ownership interest in that acreage.

The stock increased 1.31% or $0.21 on July 14, reaching $16.25. About shares traded. Black Stone Minerals LP (NYSE:BSM) has risen 8.03% since July 17, 2016 and is uptrending. It has underperformed by 8.67% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: