4.35% to Target, Keefe Bruyette Woods Reaffirms Sell Rating for Manning and Napier MN (MN) Stock; Vertex One Asset Management Has Decreased Transalta (TAC) Holding By $6.09 Million

Among 6 analysts covering Manning & Napier Advisors (NYSE:MN), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. Manning & Napier Advisors has $10.50 highest and $7 lowest target. $7.85’s average target is 36.52% above currents $5.75 stock price. Manning & Napier Advisors had 12 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was reinitiated by Credit Suisse with “Neutral” on Friday, July 15. The rating was reinitiated by Credit Suisse on Monday, January 11 with “Neutral”. On Tuesday, September 8 the stock rating was maintained by JP Morgan with “Underweight”. On Friday, October 14 the stock rating was maintained by Wood with “Market Perform”. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, September 14. The rating was downgraded by Keefe Bruyette & Woods on Thursday, October 27 to “Underperform”. The firm has “Market Perform” rating given on Thursday, September 3 by Wood.

Vertex One Asset Management Inc decreased Transalta Corp (TAC) stake by 20.76% reported in 2016Q4 SEC filing. Vertex One Asset Management Inc sold 1.22 million shares as Transalta Corp (TAC)’s stock declined 15.24%. The Vertex One Asset Management Inc holds 4.65 million shares with $25.76 million value, down from 5.87M last quarter. Transalta Corp now has $1.69 billion valuation. The stock declined 0.43% or $0.03 reaching $5.78 per share. About 25,873 shares traded. TransAlta Corporation (USA) (NYSE:TAC) has risen 30.63% since September 2, 2016 and is uptrending. It has outperformed by 22.50% the S&P500.

Investors sentiment decreased to 0.79 in 2016 Q4. Its down 1.06, from 1.85 in 2016Q3. It worsened, as 13 investors sold Manning and Napier Inc shares while 34 reduced holdings. 17 funds opened positions while 20 raised stakes. 11.11 million shares or 1.83% less from 11.31 million shares in 2016Q3 were reported. Banc Funds Ltd Liability invested in 278,603 shares. 4,636 are owned by Blackrock. Citigroup holds 0% or 22,242 shares. Geode Mgmt Lc reported 128,866 shares or 0% of all its holdings. State Street invested in 0% or 212,681 shares. Stifel holds 20,046 shares. Northern holds 0% or 176,220 shares in its portfolio. Bernzott reported 1.46 million shares. Rmb Cap Mngmt Ltd Liability holds 19,522 shares or 0.01% of its portfolio. Kennedy stated it has 453,225 shares or 0.06% of all its holdings. Los Angeles Cap Management Equity holds 0% or 48,863 shares in its portfolio. Ariel Investments Ltd Liability Com reported 0.12% stake. Sterneck Cap Limited Liability holds 0.51% in Manning and Napier Inc (NYSE:MN) or 104,080 shares. Millennium Management Ltd Liability Co invested in 0% or 20,858 shares. Wells Fargo Co Mn has 0% invested in Manning and Napier Inc (NYSE:MN) for 8,102 shares.

Manning & Napier, Inc. is an independent investment management company. The company has market cap of $87.66 million. The Firm operates through investment management industry segment. It has a 9.3 P/E ratio. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services.

Analysts await Manning and Napier Inc (NYSE:MN) to report earnings on April, 26. They expect $0.14 EPS, down 22.22% or $0.04 from last year’s $0.18 per share. MN’s profit will be $2.13 million for 10.27 P/E if the $0.14 EPS becomes a reality. After $0.16 actual EPS reported by Manning and Napier Inc for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

About 77,305 shares traded. Manning and Napier Inc (NYSE:MN) has declined 22.92% since September 2, 2016 and is downtrending. It has underperformed by 31.05% the S&P500.

Vertex One Asset Management Inc increased Spectra Energy Corp (NYSE:SE) stake by 10,645 shares to 88,145 valued at $3.62M in 2016Q4. It also upped Columbia Pipeline Partners L stake by 284,968 shares and now owns 371,813 shares. Vertex Energy Inc (NASDAQ:VTNR) was raised too.

Analysts await TransAlta Corporation (USA) (NYSE:TAC) to report earnings on May, 2.

Among 5 analysts covering TransAlta (NYSE:TAC), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. TransAlta had 11 analyst reports since August 24, 2015 according to SRatingsIntel. As per Wednesday, September 16, the company rating was upgraded by Credit Suisse. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, January 14. RBC Capital Markets maintained TransAlta Corporation (USA) (NYSE:TAC) on Monday, November 2 with “Underperform” rating. RBC Capital Markets maintained TransAlta Corporation (USA) (NYSE:TAC) on Friday, February 19 with “Sector Perform” rating. IBC upgraded the stock to “Sector Underperform” rating in Tuesday, August 25 report. On Monday, February 13 the stock rating was downgraded by National Bank Canada to “Sector Perform”. As per Monday, November 23, the company rating was upgraded by RBC Capital Markets. The firm earned “Market Perform” rating on Monday, August 24 by BMO Capital Markets. RBC Capital Markets upgraded it to “Sector Perform” rating and $6 target in Monday, November 7 report. The rating was downgraded by BMO Capital Markets on Monday, January 18 to “Market Perform”.

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