As Ally Finl (ALLY) Market Valuation Declined, Cyrus Capital Partners LP Lowered Its Holding; Lyondellbasell Industries N.V. (LYB) Share Value Declined While Adams Express Company Decreased by $4.93 Million Its Holding

February 23, 2018 - By Darrin Black

Stephen C. Freidheim decreased its stake in Ally Finl Inc (ALLY) by 15.27% based on its latest 2017Q3 regulatory filing with the SEC. Cyrus Capital Partners Lp sold 1.39 million shares as the company’s stock declined 19.04% while stock markets rallied. The hedge fund run by Stephen C. Freidheim held 7.71 million shares of the consumer services company at the end of 2017Q3, valued at $187.12 million, down from 9.10 million at the end of the previous reported quarter. Cyrus Capital Partners Lp who had been investing in Ally Finl Inc for a number of months, seems to be less bullish one the $12.27B market cap company. The stock increased 0.68% or $0.19 during the last trading session, reaching $28.08. About 1.85 million shares traded. Ally Financial Inc. (NYSE:ALLY) has risen 12.72% since February 23, 2017 and is uptrending. It has underperformed by 3.98% the S&P500.

Adams Express Company decreased its stake in Lyondellbasell Industries N.V. (LYB) by 26.77% based on its latest 2017Q3 regulatory filing with the SEC. Adams Express Company sold 49,800 shares as the company’s stock declined 12.71% while stock markets rallied. The institutional investor held 136,200 shares of the major chemicals company at the end of 2017Q3, valued at $13.49M, down from 186,000 at the end of the previous reported quarter. Adams Express Company who had been investing in Lyondellbasell Industries N.V. for a number of months, seems to be less bullish one the $43.73B market cap company. The stock increased 0.02% or $0.02 during the last trading session, reaching $110.85. About 597,737 shares traded. LyondellBasell Industries N.V. (NYSE:LYB) has risen 0.33% since February 23, 2017 and is uptrending. It has underperformed by 16.37% the S&P500.

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on April, 27. They expect $2.81 earnings per share, up 24.34% or $0.55 from last year’s $2.26 per share. LYB’s profit will be $1.11B for 9.86 P/E if the $2.81 EPS becomes a reality. After $2.73 actual earnings per share reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts 2.93% EPS growth.

Adams Express Company, which manages about $1.84 billion US Long portfolio, upped its stake in Ingles Markets Inc. (NASDAQ:IMKTA) by 12,800 shares to 30,500 shares, valued at $784,000 in 2017Q3, according to the filing. It also increased its holding in Cummins Inc. (NYSE:CMI) by 28,400 shares in the quarter, for a total of 136,100 shares, and has risen its stake in Industrial Select Sector Spdr Fund (XLI).

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.12, from 0.96 in 2017Q2. It worsened, as 52 investors sold LYB shares while 276 reduced holdings. 88 funds opened positions while 187 raised stakes. 287.42 million shares or 0.30% less from 288.30 million shares in 2017Q2 were reported. Moreover, Todd Asset Mgmt Ltd Com has 0.62% invested in LyondellBasell Industries N.V. (NYSE:LYB). 2,747 were accumulated by First Heartland Consultants. Rhumbline Advisers has 528,215 shares for 0.11% of their portfolio. Credit Investments Limited Liability Corporation has 1.43% invested in LyondellBasell Industries N.V. (NYSE:LYB) for 13,039 shares. Strs Ohio owns 174,275 shares or 0.07% of their US portfolio. Fiera holds 0% or 3,045 shares in its portfolio. Breton Hill Limited accumulated 2.68% or 146,555 shares. Valley National Advisers Inc holds 0.01% or 184 shares. Laffer holds 0.2% or 7,792 shares. Thornburg Investment reported 2.08 million shares stake. Wealth Enhancement Advisory Limited Liability Com holds 0.19% or 23,099 shares. Argent holds 2,042 shares or 0.08% of its portfolio. Bank Of Montreal Can holds 670,370 shares. Cls Limited Company has 55 shares for 0% of their portfolio. Mitsubishi Ufj Securities has 0.42% invested in LyondellBasell Industries N.V. (NYSE:LYB) for 880 shares.

Among 24 analysts covering LyondellBasell (NYSE:LYB), 9 have Buy rating, 3 Sell and 12 Hold. Therefore 38% are positive. LyondellBasell had 74 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of LyondellBasell Industries N.V. (NYSE:LYB) earned “Sector Perform” rating by RBC Capital Markets on Monday, June 27. The stock has “Underperform” rating by Credit Agricole on Monday, January 11. Cowen & Co maintained it with “Market Perform” rating and $90 target in Thursday, December 29 report. The rating was downgraded by Vertical Research to “Hold” on Wednesday, January 3. SunTrust maintained the shares of LYB in report on Tuesday, October 31 with “Hold” rating. As per Wednesday, November 25, the company rating was maintained by Cowen & Co. The firm has “Neutral” rating given on Tuesday, August 2 by Citigroup. UBS maintained LyondellBasell Industries N.V. (NYSE:LYB) rating on Monday, October 30. UBS has “Neutral” rating and $102 target. The rating was upgraded by Citigroup to “Buy” on Monday, December 18. Jefferies maintained LyondellBasell Industries N.V. (NYSE:LYB) rating on Monday, October 30. Jefferies has “Hold” rating and $110.0 target.

Analysts await Ally Financial Inc. (NYSE:ALLY) to report earnings on April, 26. They expect $0.68 earnings per share, up 41.67% or $0.20 from last year’s $0.48 per share. ALLY’s profit will be $297.19 million for 10.32 P/E if the $0.68 EPS becomes a reality. After $0.70 actual earnings per share reported by Ally Financial Inc. for the previous quarter, Wall Street now forecasts -2.86% negative EPS growth.

Among 23 analysts covering Ally Financial (NYSE:ALLY), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Ally Financial had 61 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, April 27 by Wells Fargo. The rating was initiated by Oppenheimer on Monday, January 8 with “Buy”. Jefferies maintained Ally Financial Inc. (NYSE:ALLY) on Wednesday, January 10 with “Buy” rating. On Tuesday, August 22 the stock rating was maintained by Jefferies with “Buy”. The firm has “Hold” rating by J.P. Morgan given on Friday, January 12. As per Tuesday, January 30, the company rating was maintained by Piper Jaffray. BMO Capital Markets maintained the shares of ALLY in report on Wednesday, August 23 with “Buy” rating. As per Tuesday, January 2, the company rating was maintained by Barclays Capital. The rating was downgraded by Stephens on Monday, July 17 to “Underweight”. The firm has “Neutral” rating by Macquarie Research given on Wednesday, May 11.

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