Marine Products Corp. (MPX)’s Stock Insider Selling – Ben Palmer Sold 13,500 Shares, 16 Bullish Analysts Covering Reckitt Benckiser Group Plc (LON:RB)

June 13, 2017 - By Darrin Black

Among 28 analysts covering Reckitt Benckiser Group PLC (LON:RB), 16 have Buy rating, 2 Sell and 10 Hold. Therefore 57% are positive. Reckitt Benckiser Group PLC had 300 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Reckitt Benckiser Group Plc (LON:RB) earned “Buy” rating by Deutsche Bank on Monday, August 1. The rating was upgraded by HSBC on Thursday, February 11 to “Buy”. On Tuesday, December 20 the stock rating was maintained by Liberum Capital with “Buy”. The firm has “Neutral/Neutral” rating by Goldman Sachs given on Tuesday, October 27. As per Monday, March 14, the company rating was maintained by Societe Generale. As per Tuesday, October 25, the company rating was maintained by Macquarie Research. Berenberg maintained the shares of RB in report on Wednesday, April 12 with “Buy” rating. The company was maintained on Tuesday, November 1 by Liberum Capital. The company was maintained on Monday, February 13 by Credit Suisse. As per Tuesday, October 6, the company rating was maintained by JP Morgan. See Reckitt Benckiser Group Plc (LON:RB) latest ratings:

08/06/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 7250.00 New Target: GBX 7250.00 Maintain
06/06/2017 Broker: Citigroup Rating: Buy New Target: GBX 9100.00 Maintain
05/06/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 7250.00 New Target: GBX 7250.00 Maintain
22/05/2017 Broker: JP Morgan Rating: Neutral Maintain
15/05/2017 Broker: Berenberg Rating: Buy Old Target: GBX 8500.00 New Target: GBX 8500.00 Maintain
08/05/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 6750.00 New Target: GBX 7250.00 Maintain
03/05/2017 Broker: Jefferies Rating: Buy Old Target: GBX 8000.00 New Target: GBX 7750.00 Maintain
03/05/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 7650.00 New Target: GBX 8150.00 Maintain
02/05/2017 Broker: JP Morgan Rating: Neutral Maintain
28/04/2017 Broker: Jefferies Rating: Buy Old Target: GBX 8000.00 New Target: GBX 8000.00 Maintain

As revealed in a report which was filled with the (SEC) on June 12, 2017, Ben Palmer, VP – CFO and Treasurer of Marine Products Corp and a person familiar with the firm, made a sale of 13,500 shares of the company for around $189,696 U.S. Dollars at average stock price per share of $14.1. In the last month, he also sold 2,500 shares worth $35,676 USD. Ben Palmer presently has rights to 1.02% of the market cap of the Company.

Analysts await Marine Products Corp. (NYSE:MPX) to report earnings on July, 26. They expect $0.15 earnings per share, up 15.38% or $0.02 from last year’s $0.13 per share. MPX’s profit will be $5.24 million for 24.10 P/E if the $0.15 EPS becomes a reality. After $0.15 actual earnings per share reported by Marine Products Corp. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 0.7 in Q4 2016. Its down 0.80, from 1.5 in 2016Q3. It turned negative, as 9 investors sold Marine Products Corp. shares while 21 reduced holdings. 8 funds opened positions while 13 raised stakes. 5.10 million shares or 33.55% less from 7.67 million shares in 2016Q3 were reported. Nationwide Fund Advsrs owns 4,118 shares. Blackrock Mngmt Ltd has 22,955 shares for 0% of their portfolio. Geode Cap Limited Liability has 0% invested in Marine Products Corp. (NYSE:MPX). Blackrock Japan Company holds 0% or 1,817 shares in its portfolio. Denali Advsr Limited Liability Company has invested 0% in Marine Products Corp. (NYSE:MPX). Rhumbline Advisers holds 16,040 shares or 0% of its portfolio. Peak6 Invests L P invested 0% in Marine Products Corp. (NYSE:MPX). Morgan Stanley has 177,893 shares for 0% of their portfolio. Zacks has 59,680 shares. Capital Guardian holds 0% in Marine Products Corp. (NYSE:MPX) or 250 shares. 323,944 were reported by Blackrock Fund. Strs Ohio holds 0% in Marine Products Corp. (NYSE:MPX) or 719 shares. 1.16M are owned by Gamco Invsts Inc Et Al. Deutsche National Bank & Trust Ag stated it has 27,481 shares or 0% of all its holdings. Federated Investors Inc Pa holds 938 shares.

The stock increased 3.36% or $0.47 during the last trading session, reaching $14.46. About shares traded. Marine Products Corp. (NYSE:MPX) has risen 59.03% since June 13, 2016 and is uptrending. It has outperformed by 42.33% the S&P500.

Since May 16, 2017, it had 1 buying transaction, and 1 insider sale for $27,698 activity. $35,676 worth of Marine Products Corp. (NYSE:MPX) shares were sold by PALMER BEN M. Rollins Timothy Curtis had bought 5,000 shares worth $63,374 on Tuesday, May 16.

Marine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The company has market cap of $504.76 million. The Firm designs, makes and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. It has a 29.47 P/E ratio. The Company’s product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats.

Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The company has market cap of 55.57 billion GBP. The Company’s divisions include ENA, DvM and Food. It has a 30.78 P/E ratio. The ENA segment consists of Europe, Russia/Commonwealth of Independent States , Israel, North America, Australia and New Zealand.

About 220,353 shares traded. Reckitt Benckiser Group Plc (LON:RB) has 0.00% since June 13, 2016 and is . It has underperformed by 16.70% the S&P500.