Investors sentiment decreased to 0.89 in Q1 2019. Its down 0.16, from 1.05 in 2018Q4. It dropped, as 29 investors sold CE shares while 175 reduced holdings. 60 funds opened positions while 121 raised stakes. 117.23 million shares or 6.74% less from 125.70 million shares in 2018Q4 were reported. Dnb Asset As reported 22,049 shares. State Of Alaska Department Of Revenue, Alaska-based fund reported 25,832 shares. Fulton Bankshares Na invested in 5,490 shares or 0.04% of the stock. Royal London Asset stated it has 52,470 shares or 0% of all its holdings. Synovus Financial Corp holds 95 shares or 0% of its portfolio. Merian Glob (Uk) Limited has invested 0.64% in Celanese Corporation (NYSE:CE). Aviva Public Ltd Liability Corp invested in 0.03% or 48,209 shares. Martingale Asset LP invested in 0.13% or 117,288 shares. Price T Rowe Associate Md stated it has 397,993 shares or 0.01% of all its holdings. 43,971 are owned by Mackenzie Corporation. Palisade Asset Ltd Company stated it has 0.07% in Celanese Corporation (NYSE:CE). Quantum Capital Management holds 0.19% or 3,496 shares. New Mexico-based New Mexico Educational Retirement Board has invested 0.05% in Celanese Corporation (NYSE:CE). Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.02% in Celanese Corporation (NYSE:CE). Acadian Asset Llc invested in 637 shares or 0% of the stock.
James Investment Research Inc decreased its stake in Celanese Corporation (CE) by 22.42% based on its latest 2019Q1 regulatory filing with the SEC. James Investment Research Inc sold 61,002 shares as the company’s stock rose 2.41% with the market. The institutional investor held 211,099 shares of the major chemicals company at the end of 2019Q1, valued at $20.82M, down from 272,101 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Celanese Corporation for a number of months, seems to be less bullish one the $13.66B market cap company. The stock increased 1.54% or $1.62 during the last trading session, reaching $106.95. About 233,043 shares traded. Celanese Corporation (NYSE:CE) has declined 6.47% since July 12, 2018 and is downtrending. It has underperformed by 10.90% the S&P500.
James Investment Research Inc, which manages about $5.64 billion and $1.53B US Long portfolio, upped its stake in Ishares Short Treasury Bond Et (SHV) by 50,307 shares to 194,796 shares, valued at $21.54 million in 2019Q1, according to the filing. It also increased its holding in Health Care Select Sector Spdr (XLV) by 52,106 shares in the quarter, for a total of 107,038 shares, and has risen its stake in Capital One Financial Corp (NYSE:COF).
Analysts await Celanese Corporation (NYSE:CE) to report earnings on July, 18. They expect $2.48 EPS, down 14.48 % or $0.42 from last year’s $2.9 per share. CE’s profit will be $316.80 million for 10.78 P/E if the $2.48 EPS becomes a reality. After $2.62 actual EPS reported by Celanese Corporation for the previous quarter, Wall Street now forecasts -5.34 % negative EPS growth.
More notable recent Celanese Corporation (NYSE:CE) news were published by: Finance.Yahoo.com which released: “Merck, Coca-Cola and other top CEOs join NYSEâ€™s new council to advance corporate diversity – Yahoo Finance” on June 25, 2019, also Globenewswire.com with their article: “CorMedix Receives Encouraging FDA Feedback on Neutrolin® LOCK-IT-100 Data – GlobeNewswire” published on July 09, 2019, Businesswire.com published: “Celanese Initiates Shutdown of OcotlÃ¡n, Mexico Manufacturing Facility – Business Wire” on June 28, 2019. More interesting news about Celanese Corporation (NYSE:CE) were released by: Seekingalpha.com and their article: “Frank’s International: Taking The Right Steps? – Seeking Alpha” published on July 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “Did Hedge Funds Drop The Ball On HEICO Corporation (HEI) ? – Yahoo Finance” with publication date: June 18, 2019.
Celanese Corporation (NYSE:CE) Ratings Coverage
Among 8 analysts covering Celanese (NYSE:CE), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Celanese had 17 analyst reports since January 14, 2019 according to SRatingsIntel. As per Monday, January 14, the company rating was downgraded by SunTrust. The firm has “Hold” rating given on Wednesday, April 24 by Deutsche Bank. BMO Capital Markets maintained it with “Market Perform” rating and $12600 target in Wednesday, April 24 report. The stock has “Overweight” rating by Barclays Capital on Tuesday, April 9. Cowen & Co downgraded the shares of CE in report on Wednesday, February 6 to “Market Perform” rating. Robert W. Baird maintained the shares of CE in report on Wednesday, April 24 with “Outperform” rating. On Wednesday, April 24 the stock rating was maintained by Nomura with “Neutral”. The firm has “Overweight” rating by Barclays Capital given on Wednesday, April 24. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, July 9. The firm earned “Hold” rating on Thursday, June 20 by BMO Capital Markets.
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