Manning & Napier, Inc. (MN) Analysts See $0.09 EPS

January 13, 2018 - By Winifred Garcia

 Manning & Napier, Inc. (MN) Analysts See $0.09 EPS
Investors sentiment decreased to 0.7 in Q3 2017. Its down 0.22, from 0.92 in 2017Q2. It dropped, as 15 investors sold Manning & Napier, Inc. shares while 18 reduced holdings. 13 funds opened positions while 10 raised stakes. 7.63 million shares or 10.68% less from 8.54 million shares in 2017Q2 were reported.
Mendon holds 903,497 shares. Moreover, Saturna Corporation has 0% invested in Manning & Napier, Inc. (NYSE:MN). California Pub Employees Retirement holds 56,500 shares. Brandes Inv Prtnrs Limited Partnership reported 0% in Manning & Napier, Inc. (NYSE:MN). Illinois-based Ariel Invs Limited Co has invested 0.05% in Manning & Napier, Inc. (NYSE:MN). Renaissance Techs Limited Liability Company invested in 0.01% or 1.21M shares. Tudor Et Al invested in 0% or 12,147 shares. Advsrs Asset Mgmt holds 0% or 2,488 shares in its portfolio. Thomas J Herzfeld Advsr holds 0.01% of its portfolio in Manning & Napier, Inc. (NYSE:MN) for 6,000 shares. Stifel Corp owns 20,000 shares for 0% of their portfolio. Sterneck Cap Mngmt Limited Company stated it has 97,521 shares. Envestnet Asset Inc invested in 0% or 6 shares. Wedgewood Partners Incorporated holds 0.01% or 41,000 shares in its portfolio. Royal Bank & Trust Of Canada invested in 0% or 69,200 shares. Blackrock Inc reported 154,615 shares.

Analysts expect Manning & Napier, Inc. (NYSE:MN) to report $0.09 EPS on February, 8.They anticipate $0.07 EPS change or 43.75 % from last quarter’s $0.16 EPS. MN’s profit would be $7.11 million giving it 10.56 P/E if the $0.09 EPS is correct. After having $0.10 EPS previously, Manning & Napier, Inc.’s analysts see -10.00 % EPS growth. The stock decreased 5.00% or $0.2 during the last trading session, reaching $3.8. About 70,781 shares traded. Manning & Napier, Inc. (NYSE:MN) has declined 46.69% since January 13, 2017 and is downtrending. It has underperformed by 63.39% the S&P500.

Manning & Napier, Inc. (NYSE:MN) Ratings Coverage

Among 7 analysts covering Manning & Napier Advisors (NYSE:MN), 0 have Buy rating, 3 Sell and 4 Hold. Therefore 0 are positive. Manning & Napier Advisors has $10.50 highest and $4.0 lowest target. $6.40’s average target is 68.42% above currents $3.8 stock price. Manning & Napier Advisors had 20 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, August 1. On Monday, January 11 the stock rating was reinitiated by Credit Suisse with “Neutral”. The rating was reinitiated by Credit Suisse on Friday, July 15 with “Neutral”. As per Monday, September 4, the company rating was maintained by Keefe Bruyette & Woods. Wood maintained the shares of MN in report on Thursday, September 3 with “Market Perform” rating. Wood maintained Manning & Napier, Inc. (NYSE:MN) rating on Friday, October 14. Wood has “Market Perform” rating and $7.75 target. As per Monday, September 14, the company rating was downgraded by Raymond James. Needham maintained Manning & Napier, Inc. (NYSE:MN) on Friday, November 3 with “Hold” rating. The stock of Manning & Napier, Inc. (NYSE:MN) has “Underperform” rating given on Thursday, October 27 by Keefe Bruyette & Woods. As per Friday, October 6, the company rating was maintained by Keefe Bruyette & Woods.

Manning & Napier, Inc. is publicly owned investment manager. The company has market cap of $300.09 million. It provides its services to net worth individuals and institutions, including 401 plans, pension plans, taft-hartley plans, endowments and foundations. It has a 7.95 P/E ratio. The firm manages separate client-focused equity and fixed income portfolios.

More news for Manning & Napier, Inc. (NYSE:MN) were recently published by: Gurufocus.com, which released: “VNBTrust, National Association Buys Discovery Communications Inc, Manning …” on January 11, 2018. Prnewswire.com‘s article titled: “Manning & Napier, Inc. to Report Fourth Quarter and Full-Year 2017 Results …” and published on January 11, 2018 is yet another important article.

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