Bowen Hanes & Co Raised Orion Engineered Carbons (Lu) (OEC) Position; 6 Bullish Analysts Covering LondonMetric Property Plc (LON:LMP)

December 7, 2017 - By Maria Brooks

Bowen Hanes & Co Inc increased Orion Engineered Carbons (Lu) (OEC) stake by 145.65% reported in 2017Q2 SEC filing. Bowen Hanes & Co Inc acquired 390,500 shares as Orion Engineered Carbons (Lu) (OEC)’s stock declined 12.47%. The Bowen Hanes & Co Inc holds 658,605 shares with $13.14M value, up from 268,105 last quarter. Orion Engineered Carbons (Lu) now has $1.33 billion valuation. The stock decreased 2.81% or $0.65 during the last trading session, reaching $22.45. About 1.64 million shares traded or 249.16% up from the average. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 24.57% since December 7, 2016 and is uptrending. It has outperformed by 7.87% the S&P500.

Among 10 analysts covering LondonMetric Property (LON:LMP), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. LondonMetric Property had 95 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, March 31, the company rating was maintained by JP Morgan. Numis Securities maintained LondonMetric Property Plc (LON:LMP) rating on Tuesday, August 16. Numis Securities has “Hold” rating and GBX 150 target. The company was maintained on Wednesday, August 5 by Panmure Gordon. HSBC upgraded LondonMetric Property Plc (LON:LMP) rating on Thursday, March 30. HSBC has “Buy” rating and GBX 166 target. Numis Securities maintained LondonMetric Property Plc (LON:LMP) rating on Thursday, November 26. Numis Securities has “Hold” rating and GBX 165 target. As per Thursday, May 12, the company rating was maintained by JP Morgan. Morgan Stanley upgraded the stock to “Equal-Weight” rating in Thursday, August 27 report. The stock of LondonMetric Property Plc (LON:LMP) has “Hold” rating given on Thursday, March 23 by Liberum Capital. The rating was maintained by Jefferies with “Hold” on Monday, January 25. As per Monday, March 13, the company rating was maintained by Liberum Capital. See LondonMetric Property Plc (LON:LMP) latest ratings:

05/12/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 195.00 New Target: GBX 200.00 Maintain
05/12/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 195.00 New Target: GBX 195.00 Maintain
04/12/2017 Broker: Numis Securities Rating: Hold New Target: GBX 172.00 Maintain
30/11/2017 Broker: Jefferies Rating: Hold Old Target: GBX 190.00 New Target: GBX 190.00 Maintain
30/11/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 195.00 New Target: GBX 195.00 Maintain
30/11/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: GBX 177.00 New Target: GBX 177.00 Maintain
29/11/2017 Broker: Numis Securities Rating: Hold Old Target: GBX 163.00 New Target: GBX 163.00 Maintain
29/11/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 180.00 New Target: GBX 195.00 Maintain
29/11/2017 Broker: Liberum Capital Rating: Hold Old Target: GBX 170.00 New Target: GBX 170.00 Maintain
21/11/2017 Broker: Liberum Capital Rating: Hold Old Target: GBX 170.00 New Target: GBX 170.00 Maintain

LondonMetric Property Plc engages in the property investment and development activities. The company has market cap of 1.20 billion GBP. It primarily invests in commercial properties, including office, retail, and industrial real estate assets, principally in the United Kingdom, as well as internationally. It has a 7.37 P/E ratio.

The stock increased 0.61% or GBX 1.05 during the last trading session, reaching GBX 173.9. About 388,579 shares traded. LondonMetric Property Plc (LON:LMP) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Bowen Hanes & Co Inc decreased Corning (NYSE:GLW) stake by 48,315 shares to 1.48M valued at $44.47 million in 2017Q2. It also reduced Deere And Co (NYSE:DE) stake by 7,980 shares and now owns 236,866 shares. Teledyne Technologies (NYSE:TDY) was reduced too.

Among 9 analysts covering Orion Engineered Carbons (NYSE:OEC), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Orion Engineered Carbons had 19 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Monday, March 7 by Macquarie Research. J.P. Morgan upgraded it to “Buy” rating and $29.0 target in Monday, November 6 report. The company was maintained on Monday, August 15 by JP Morgan. The rating was initiated by Goldman Sachs on Friday, May 12 with “Neutral”. The stock of Orion Engineered Carbons, S.A. (NYSE:OEC) earned “Neutral” rating by UBS on Friday, November 3. The company was initiated on Friday, June 10 by BB&T Capital. The firm has “Hold” rating given on Monday, August 7 by J.P. Morgan. The rating was maintained by KeyBanc Capital Markets on Friday, November 3 with “Buy”. KeyBanc Capital Markets maintained the shares of OEC in report on Monday, October 16 with “Buy” rating. The firm earned “Overweight” rating on Monday, November 6 by JP Morgan.

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