$0.50 EPS Expected for Eagle Point Credit Company (ECC); OXBRIDGE RE HOLDINGS Ltd (OXBR)’s Sentiment Is 0.67

October 28, 2017 - By Clifton Ray

Analysts expect Eagle Point Credit Company Inc (NYSE:ECC) to report $0.50 EPS on November, 15.They anticipate $0.04 EPS change or 7.41% from last quarter’s $0.54 EPS. ECC’s profit would be $9.07 million giving it 10.00 P/E if the $0.50 EPS is correct. After having $0.53 EPS previously, Eagle Point Credit Company Inc’s analysts see -5.66% EPS growth. It closed at $19.99 lastly. It is up 22.25% since October 28, 2016 and is uptrending. It has outperformed by 5.55% the S&P500.

The stock decreased 3.91% or $0.12 on October 27, reaching $3.08. About 25,060 shares traded. Oxbridge Re Holdings Ltd. (OXBR) has risen 16.47% since October 28, 2016 and is uptrending. It has underperformed by 0.23% the S&P500.

Investors sentiment increased to 1.6 in 2017 Q2. Its up 1.04, from 0.56 in 2017Q1. It increased, as 2 investors sold Eagle Point Credit Company Inc shares while 3 reduced holdings. 6 funds opened positions while 2 raised stakes. 2.04 million shares or 1.96% less from 2.08 million shares in 2017Q1 were reported. Wells Fargo And Mn holds 0% in Eagle Point Credit Company Inc (NYSE:ECC) or 1,220 shares. Evercore Wealth Limited Liability invested in 0% or 5,000 shares. Stifel Fincl Corporation invested in 10,545 shares or 0% of the stock. Moreover, Bard has 1.24% invested in Eagle Point Credit Company Inc (NYSE:ECC) for 132,433 shares. Bessemer Group Inc holds 4,987 shares. Pnc Fincl Serv holds 0% or 223,396 shares. Morgan Stanley reported 1,680 shares stake. Mycio Wealth Prtn Ltd Liability has invested 3.26% in Eagle Point Credit Company Inc (NYSE:ECC). Howard Cap Mgmt reported 15,285 shares stake. Thomas J Herzfeld Advsrs holds 0.03% or 3,050 shares in its portfolio. Blair William Communication Il, Illinois-based fund reported 19,000 shares. Plante Moran Advisors Ltd Llc reported 0.02% of its portfolio in Eagle Point Credit Company Inc (NYSE:ECC). Freestone Cap Ltd Co invested in 336,301 shares or 0.56% of the stock. Creative Planning accumulated 0% or 700 shares. Bank Of America De accumulated 0% or 7,978 shares.

Eagle Point Credit Company Inc. is a non-diversified, closed-end management investment company. The company has market cap of $362.81 million. The Company’s primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. It currently has negative earnings. The Firm primarily invests in equity and junior debt tranches of collateralized loan obligations that are collateralized by a portfolio consisting primarily of the below investment grade United States senior secured loans.

Among 6 analysts covering Eagle Point Credit Company (NYSE:ECC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Eagle Point Credit Company had 10 analyst reports since September 1, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 25 report. Deutsche Bank maintained Eagle Point Credit Company Inc (NYSE:ECC) on Thursday, March 31 with “Buy” rating. The stock of Eagle Point Credit Company Inc (NYSE:ECC) has “Buy” rating given on Thursday, May 25 by National Securities. As per Tuesday, February 9, the company rating was downgraded by Compass Point. On Monday, September 7 the stock rating was upgraded by Zacks to “Hold”. The firm has “Neutral” rating by Compass Point given on Thursday, August 25. On Wednesday, November 25 the stock rating was maintained by Wunderlich with “Buy”.

Cutler Capital Management Llc holds 0.33% of its portfolio in Oxbridge Re Holdings Ltd. for 120,000 shares. Jaffetilchin Investment Partners Llc owns 16,983 shares or 0.03% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 622 shares. The Kansas-based Creative Planning has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 6,506 shares.

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