EPS for PennantPark Investment Corp. (PNNT) Expected At $0.19; Kronos Worldwide (KRO) Shorts Down By 8.81%

November 15, 2017 - By wolcottdaily

Analysts expect PennantPark Investment Corp. (NASDAQ:PNNT) to report $0.19 EPS on November, 29 after the close.They anticipate $0.02 EPS change or 9.52% from last quarter’s $0.21 EPS. PNNT’s profit would be $13.50 million giving it 9.82 P/E if the $0.19 EPS is correct. After having $0.18 EPS previously, PennantPark Investment Corp.’s analysts see 5.56% EPS growth. It closed at $7.46 lastly. It is down 23.34% since November 15, 2016 and is uptrending. It has outperformed by 6.64% the S&P500.

Kronos Worldwide Incorporated (NYSE:KRO) had a decrease of 8.81% in short interest. KRO’s SI was 2.62 million shares in November as released by FINRA. Its down 8.81% from 2.88M shares previously. With 346,700 avg volume, 8 days are for Kronos Worldwide Incorporated (NYSE:KRO)’s short sellers to cover KRO’s short positions. The SI to Kronos Worldwide Incorporated’s float is 11.71%. The stock decreased 0.45% or $0.12 during the last trading session, reaching $26.69. About 75 shares traded. Kronos Worldwide, Inc. (NYSE:KRO) has risen 245.94% since November 15, 2016 and is uptrending. It has outperformed by 229.24% the S&P500.

Among 12 analysts covering Pennant Investment (NASDAQ:PNNT), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Pennant Investment had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, August 15. The company was maintained on Friday, September 22 by Jefferies. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, May 2 report. The rating was maintained by Keefe Bruyette & Woods on Friday, June 23 with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $8.5 target in Thursday, October 26 report. Jefferies maintained the stock with “Hold” rating in Friday, November 3 report. The company was downgraded on Thursday, May 11 by JMP Securities. The company was upgraded on Wednesday, August 9 by JP Morgan. The stock of PennantPark Investment Corp. (NASDAQ:PNNT) has “Hold” rating given on Thursday, August 24 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained PennantPark Investment Corp. (NASDAQ:PNNT) rating on Monday, September 25. Keefe Bruyette & Woods has “Hold” rating and $8.5 target.

PennantPark Investment Corporation is a closed-end, non-diversified investment company. The company has market cap of $530.11 million. The Firm is a business development company. It has a 6.46 P/E ratio. The Company’s objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of senior secured debt, mezzanine debt and equity investments.

Investors sentiment decreased to 1.41 in 2017 Q2. Its down 0.24, from 1.65 in 2017Q1. It fall, as 12 investors sold PennantPark Investment Corp. shares while 25 reduced holdings. 16 funds opened positions while 36 raised stakes. 26.97 million shares or 2.75% more from 26.25 million shares in 2017Q1 were reported. Magnetar Financial Ltd Liability has 0% invested in PennantPark Investment Corp. (NASDAQ:PNNT) for 22,244 shares. Arrowstreet Capital Partnership accumulated 191,100 shares. Ares Management Ltd Liability Co owns 413,604 shares. Guggenheim Cap Limited Liability Corporation accumulated 641,098 shares or 0.01% of the stock. Citigroup Inc holds 0% of its portfolio in PennantPark Investment Corp. (NASDAQ:PNNT) for 92,353 shares. The Illinois-based Citadel Advisors Ltd has invested 0% in PennantPark Investment Corp. (NASDAQ:PNNT). Burgundy Asset Mngmt Ltd owns 2.58 million shares or 0.18% of their US portfolio. Glob X Limited has 16,664 shares. Susquehanna Grp Llp invested in 34,000 shares or 0% of the stock. Us National Bank & Trust De invested 0% in PennantPark Investment Corp. (NASDAQ:PNNT). Ameriprise has 37,330 shares. Gp One Trading Ltd Partnership stated it has 0% in PennantPark Investment Corp. (NASDAQ:PNNT). Advisors Asset Management holds 0.07% of its portfolio in PennantPark Investment Corp. (NASDAQ:PNNT) for 557,350 shares. Gsa Cap Ltd Liability Partnership invested in 332,665 shares or 0.16% of the stock. Muzinich Inc, a New York-based fund reported 2.19 million shares.

Among 2 analysts covering Kronos Worldwide (NYSE:KRO), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Kronos Worldwide had 4 analyst reports since August 19, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Underweight” rating in Thursday, August 10 report. The stock of Kronos Worldwide, Inc. (NYSE:KRO) has “Underweight” rating given on Tuesday, November 14 by Barclays Capital.

Kronos Worldwide, Inc. is a producer and marketer of titanium dioxide (TiO2) pigments, a base industrial product that is used in a range of applications. The company has market cap of $3.09 billion. The Company, along with its distributors and agents, sells and provides technical services for its products with sales in Europe and North America. It has a 9.37 P/E ratio. It offers its clients a portfolio of products that include TiO2 pigment grades under the Kronos brand, which provides a range of performance properties.

Investors sentiment increased to 1.64 in Q2 2017. Its up 0.08, from 1.56 in 2017Q1. It is positive, as 16 investors sold Kronos Worldwide, Inc. shares while 28 reduced holdings. 32 funds opened positions while 40 raised stakes. 16.69 million shares or 15.62% more from 14.44 million shares in 2017Q1 were reported. 523 were accumulated by Creative Planning. Parametric Portfolio Associates Limited Liability has invested 0% in Kronos Worldwide, Inc. (NYSE:KRO). Hutchin Hill L P holds 0.06% or 92,300 shares in its portfolio. Employees Retirement Association Of Colorado owns 11,362 shares or 0% of their US portfolio. Gsa Capital Prtn Llp invested 0.06% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO). 20,770 are owned by Manufacturers Life Ins The. Chicago Equity Ptnrs Ltd Limited Liability Company holds 0.05% or 92,885 shares in its portfolio. Metropolitan Life Insur New York accumulated 0% or 16,280 shares. 23,776 were reported by Gru One Trading Lp. Deutsche Comml Bank Ag owns 178,262 shares or 0% of their US portfolio. Ameritas Investment Prtnrs accumulated 1,877 shares. Capital Fund Management Sa has invested 0% of its portfolio in Kronos Worldwide, Inc. (NYSE:KRO). Sei Investments invested in 0% or 885 shares. Prelude Capital Mgmt Llc reported 600 shares. California Pub Employees Retirement Systems holds 119,400 shares.

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