Analysts See $1.13 EPS for Ternium SA (ADR) (TX); Trafelet Brokaw Capital Management LP Cut Its Cedar Fair LP (FUN) Position

July 25, 2017 - By Maria Brooks

Trafelet Brokaw Capital Management Lp decreased Cedar Fair LP (FUN) stake by 5.57% reported in 2016Q4 SEC filing. Trafelet Brokaw Capital Management Lp sold 13,400 shares as Cedar Fair LP (FUN)’s stock rose 6.08%. The Trafelet Brokaw Capital Management Lp holds 226,978 shares with $14.57M value, down from 240,378 last quarter. Cedar Fair LP now has $3.90B valuation. The stock increased 0.46% or $0.32 during the last trading session, reaching $69.5. About shares traded. Cedar Fair, L.P. (NYSE:FUN) has risen 22.21% since July 25, 2016 and is uptrending. It has outperformed by 5.51% the S&P500.

Analysts expect Ternium SA (ADR) (NYSE:TX) to report $1.13 EPS on August, 1 after the close.They anticipate $0.35 EPS change or 44.87% from last quarter’s $0.78 EPS. TX’s profit would be $226.36M giving it 6.86 P/E if the $1.13 EPS is correct. After having $1.33 EPS previously, Ternium SA (ADR)’s analysts see -15.04% EPS growth. The stock increased 2.99% or $0.9 during the last trading session, reaching $31. About shares traded. Ternium SA (ADR) (NYSE:TX) has risen 39.67% since July 25, 2016 and is uptrending. It has outperformed by 22.97% the S&P500.

Analysts await Cedar Fair, L.P. (NYSE:FUN) to report earnings on August, 2 before the open. They expect $1.03 EPS, 0.00% or $0.00 from last year’s $1.03 per share. FUN’s profit will be $57.80 million for 16.87 P/E if the $1.03 EPS becomes a reality. After $-1.13 actual EPS reported by Cedar Fair, L.P. for the previous quarter, Wall Street now forecasts -191.15% EPS growth.

Investors sentiment decreased to 1.1 in 2016 Q4. Its down 0.71, from 1.81 in 2016Q3. It dropped, as 24 investors sold FUN shares while 48 reduced holdings. 27 funds opened positions while 52 raised stakes. 27.66 million shares or 2.01% more from 27.12 million shares in 2016Q3 were reported. Brown Advisory Incorporated reported 0.02% stake. Huntington Financial Bank holds 10,465 shares. 1832 Asset Mngmt Lp holds 0.06% of its portfolio in Cedar Fair, L.P. (NYSE:FUN) for 279,828 shares. Hl Fin Services Limited Liability Corp reported 13,660 shares or 0.02% of all its holdings. Pioneer Invest Mngmt has 741,762 shares. Us National Bank De holds 0.01% or 29,541 shares in its portfolio. S&Co Inc has 5,360 shares. Cranbrook Wealth Management Limited Com holds 0.03% in Cedar Fair, L.P. (NYSE:FUN) or 1,095 shares. Johnson Inv Counsel Incorporated invested 0.02% of its portfolio in Cedar Fair, L.P. (NYSE:FUN). 4,033 are held by Geneva Advsrs Limited Liability Corporation. Lpl Finance Limited Liability holds 22,805 shares. Citigroup Incorporated invested in 232,761 shares or 0.01% of the stock. Mai Capital Mgmt holds 0.02% or 4,647 shares in its portfolio. Jpmorgan Chase And invested 0% in Cedar Fair, L.P. (NYSE:FUN). Savings Bank Of New York Mellon Corporation, a New York-based fund reported 5,462 shares.

Since March 1, 2017, it had 0 insider buys, and 3 sales for $1.57 million activity. $1.05M worth of stock was sold by Ouimet Matthew A on Tuesday, May 16. 5,419 shares were sold by SEMMELROTH KELLEY, worth $371,093. Another trade for 2,062 shares valued at $146,220 was made by Hoffman David R. on Thursday, June 15.

Among 9 analysts covering Cedar Fair (NYSE:FUN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Cedar Fair had 15 analyst reports since August 24, 2015 according to SRatingsIntel. Stifel Nicolaus initiated the shares of FUN in report on Friday, April 21 with “Buy” rating. The rating was initiated by Goldman Sachs with “Buy” on Thursday, April 6. The stock has “Neutral” rating by Macquarie Research on Wednesday, December 9. The stock has “Equal-Weight” rating by Stephens on Tuesday, April 19. Hilliard Lyons upgraded Cedar Fair, L.P. (NYSE:FUN) on Monday, August 24 to “Buy” rating. As per Monday, June 19, the company rating was upgraded by Goldman Sachs. The rating was initiated by Janney Capital with “Buy” on Wednesday, September 16. The stock of Cedar Fair, L.P. (NYSE:FUN) has “Outperform” rating given on Friday, July 8 by Macquarie Research. The rating was maintained by FBR Capital with “Outperform” on Thursday, February 18. On Thursday, February 16 the stock rating was maintained by FBR Capital with “Outperform”.