Stifel Nicolaus Reconfirms a Buy Rating on Continental Resources (CLR) and $59.0000 Target, D-E Shaw & Company Has Cut Its Dillards (Call) (DDS) Holding

July 17, 2017 - By Clifton Ray

Among 30 analysts covering Continental Resources Inc. (NYSE:CLR), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Continental Resources Inc. has $64 highest and $14 lowest target. $43.37’s average target is 32.43% above currents $32.75 stock price. Continental Resources Inc. had 87 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan downgraded the shares of CLR in report on Thursday, December 8 to “Neutral” rating. The company was maintained on Thursday, April 13 by Stifel Nicolaus. Barclays Capital maintained it with “Equal-Weight” rating and $32 target in Monday, November 9 report. Deutsche Bank maintained Continental Resources, Inc. (NYSE:CLR) on Wednesday, August 10 with “Buy” rating. The rating was maintained by FBR Capital on Monday, May 1 with “Mkt Perform”. SunTrust initiated it with “Neutral” rating and $30.0 target in Tuesday, December 15 report. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, December 16 report. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Overweight” rating by Barclays Capital on Monday, October 17. The stock of Continental Resources, Inc. (NYSE:CLR) has “Outperform” rating given on Friday, November 6 by RBC Capital Markets. The firm earned “Outperform” rating on Monday, August 10 by Credit Agricole.

D-E Shaw & Company Inc decreased Dillards Inc (Call) (DDS) stake by 38.04% reported in 2016Q4 SEC filing. D-E Shaw & Company Inc sold 39,900 shares as Dillards Inc (Call) (DDS)’s stock declined 14.93%. The D-E Shaw & Company Inc holds 65,000 shares with $4.08 million value, down from 104,900 last quarter. Dillards Inc (Call) now has $1.71B valuation. The stock decreased 1.15% or $0.69 on July 14, reaching $59.2. About shares traded. Dillard’s, Inc. (NYSE:DDS) has declined 10.42% since July 17, 2016 and is downtrending. It has underperformed by 27.12% the S&P500.

The stock increased 1.49% or $0.48 on July 14, reaching $32.75. About shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since July 17, 2016 and is uptrending. It has underperformed by 12.65% the S&P500.

Analysts await Continental Resources, Inc. (NYSE:CLR) to report earnings on August, 8 after the close. They expect $0.04 earnings per share, up 122.22% or $0.22 from last year’s $-0.18 per share. CLR’s profit will be $15.23 million for 204.69 P/E if the $0.04 EPS becomes a reality. After $0.02 actual earnings per share reported by Continental Resources, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Since February 27, 2017, it had 4 insider buys, and 3 insider sales for $5.36 million activity. Brown Glen A also sold $738,624 worth of Continental Resources, Inc. (NYSE:CLR) on Wednesday, March 1. On Tuesday, March 28 the insider Hamm Harold bought $1.41M. Hart John D also sold $540,133 worth of Continental Resources, Inc. (NYSE:CLR) shares.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.11, from 1.08 in 2016Q3. It is negative, as 35 investors sold Continental Resources, Inc. shares while 130 reduced holdings. 52 funds opened positions while 108 raised stakes. 81.57 million shares or 3.66% less from 84.66 million shares in 2016Q3 were reported. Proshare Advisors Llc reported 7,591 shares or 0% of all its holdings. Cambridge Inv Research Incorporated stated it has 0.01% in Continental Resources, Inc. (NYSE:CLR). Daiwa owns 0% invested in Continental Resources, Inc. (NYSE:CLR) for 2,550 shares. 104,692 are held by Whittier Trust. Prelude Cap Management Limited Liability Co accumulated 0.38% or 61,664 shares. 500 were accumulated by Nikko Asset Management Americas. Farmers Merchants Inc owns 500 shares or 0% of their US portfolio. Glg Limited Liability Co stated it has 4,366 shares. Principal Fincl Grp Inc holds 0% of its portfolio in Continental Resources, Inc. (NYSE:CLR) for 16,624 shares. Alliancebernstein L P, New York-based fund reported 62,522 shares. Utah Retirement owns 15,804 shares for 0.02% of their portfolio. Credit Cap Invs Limited Com invested in 1.11% or 16,909 shares. Ing Groep Nv invested in 0.43% or 450,937 shares. Hsbc Pcl accumulated 87,648 shares or 0.01% of the stock. Weiss Multi has invested 0.27% in Continental Resources, Inc. (NYSE:CLR).

Continental Resources, Inc. is a crude oil and natural gas firm with properties in the North, South and East regions of the United States. The company has market cap of $12.47 billion. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units. It currently has negative earnings. The South region includes properties south of Nebraska and west of the Mississippi River including various plays in the South Central Oklahoma Oil Province , Sooner Trend Anadarko Canadian Kingfisher (STACK), and Arkoma Woodford areas of Oklahoma.

D-E Shaw & Company Inc increased Hasbro Inc (NASDAQ:HAS) stake by 117,447 shares to 189,216 valued at $14.72M in 2016Q4. It also upped Kulicke & Soffa Inds Inc (NASDAQ:KLIC) stake by 102,447 shares and now owns 732,743 shares. Alaska Air Group Inc (Call) (NYSE:ALK) was raised too.

Analysts await Dillard’s, Inc. (NYSE:DDS) to report earnings on August, 10. They expect $0.10 earnings per share, down 71.43% or $0.25 from last year’s $0.35 per share. DDS’s profit will be $2.89 million for 148.00 P/E if the $0.10 EPS becomes a reality. After $2.12 actual earnings per share reported by Dillard’s, Inc. for the previous quarter, Wall Street now forecasts -95.28% negative EPS growth.

Investors sentiment decreased to 0.93 in Q4 2016. Its down 0.16, from 1.09 in 2016Q3. It dropped, as 21 investors sold DDS shares while 61 reduced holdings. 21 funds opened positions while 55 raised stakes. 26.57 million shares or 2.30% less from 27.20 million shares in 2016Q3 were reported. Creative Planning accumulated 500 shares. 222,168 are held by Geode Cap Management Ltd Liability Corporation. Integral Derivatives Ltd Liability Corporation accumulated 4,450 shares or 0.01% of the stock. Illinois-based Envestnet Asset Mgmt Inc has invested 0% in Dillard’s, Inc. (NYSE:DDS). Ameriprise Fin invested in 8,300 shares. 6,415 are owned by Acadian Asset Mngmt Ltd Liability Co. California Public Employees Retirement System, California-based fund reported 107,300 shares. Evercore Tru Co Na has invested 1.59% in Dillard’s, Inc. (NYSE:DDS). Denali Advisors Ltd Liability Corporation holds 1,700 shares or 0.02% of its portfolio. Ahl Prns Llp reported 72,926 shares. Kbc Group Incorporated Nv holds 0% of its portfolio in Dillard’s, Inc. (NYSE:DDS) for 5,111 shares. First Quadrant LP Ca holds 0.13% in Dillard’s, Inc. (NYSE:DDS) or 99,468 shares. Great West Life Assurance Can stated it has 0% in Dillard’s, Inc. (NYSE:DDS). Howard Hughes Medical Institute reported 0.18% in Dillard’s, Inc. (NYSE:DDS). Regions Corporation holds 0.01% or 17,060 shares.

Since June 8, 2017, it had 0 insider buys, and 1 insider sale for $1.81 million activity. The insider EINHORN DAVID sold $1.81 million.

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