Materion (MTRN) “Hold” Rating Kept at KeyBanc; DESTINY MEDIA TECHNOLOGIES (DSNY) SI Decreased By 84.73%

November 14, 2017 - By Nellie Frank

DESTINY MEDIA TECHNOLOGIES INCORPORATED (OTCMKTS:DSNY) had a decrease of 84.73% in short interest. DSNY’s SI was 2,000 shares in November as released by FINRA. Its down 84.73% from 13,100 shares previously. With 30,200 avg volume, 0 days are for DESTINY MEDIA TECHNOLOGIES INCORPORATED (OTCMKTS:DSNY)’s short sellers to cover DSNY’s short positions. The stock decreased 6.62% or $0.014 on November 13, reaching $0.196. About 1,000 shares traded. Destiny Media Technologies Inc (OTCMKTS:DSNY) has 0.00% since November 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 4 analysts covering Materion (NYSE:MTRN), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Materion has $3600 highest and $24 lowest target. $31.67’s average target is -37.29% below currents $50.5 stock price. Materion had 10 analyst reports since August 27, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded the stock to “Hold” rating in Thursday, April 7 report. The stock of Materion Corp (NYSE:MTRN) earned “Hold” rating by Jefferies on Thursday, July 27. As per Wednesday, October 11, the company rating was maintained by Jefferies. The firm has “Hold” rating by Jefferies given on Friday, July 7. On Wednesday, January 13 the stock rating was reinitiated by Jefferies with “Hold”. As per Thursday, October 12, the company rating was maintained by KeyBanc Capital Markets. The firm has “Hold” rating by Jefferies given on Friday, June 2. Wm Smith initiated the stock with “Not Rated” rating in Thursday, November 3 report. Jefferies maintained it with “Hold” rating and $36.0 target in Friday, September 8 report. The stock of Materion Corp (NYSE:MTRN) has “Hold” rating given on Thursday, August 27 by Stifel Nicolaus.

Since May 19, 2017, it had 0 insider purchases, and 16 insider sales for $1.94 million activity. $90,100 worth of stock was sold by Hipple Richard J on Thursday, June 15.

Materion Corporation, through its subsidiaries, is an integrated producer of engineered materials used in a range of electrical, electronic, thermal, and structural applications. The company has market cap of $1.01 billion. The Firm operates in four divisions: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. It has a 38.82 P/E ratio. The Performance Alloys and Composites segment consists of businesses, such as Performance Metals and Technical Materials.

Analysts await Materion Corp (NYSE:MTRN) to report earnings on February, 16. They expect $0.39 earnings per share, up 39.29% or $0.11 from last year’s $0.28 per share. MTRN’s profit will be $7.80M for 32.37 P/E if the $0.39 EPS becomes a reality. After $0.50 actual earnings per share reported by Materion Corp for the previous quarter, Wall Street now forecasts -22.00% negative EPS growth.

The stock decreased 2.04% or $1.05 during the last trading session, reaching $50.5. About shares traded. Materion Corp (NYSE:MTRN) has risen 47.97% since November 14, 2016 and is uptrending. It has outperformed by 31.27% the S&P500.

Investors sentiment decreased to 0.87 in Q2 2017. Its down 0.57, from 1.44 in 2017Q1. It turned negative, as 19 investors sold Materion Corp shares while 44 reduced holdings. 14 funds opened positions while 41 raised stakes. 17.95 million shares or 2.17% more from 17.57 million shares in 2017Q1 were reported. Teton Advsr Inc has invested 0.65% of its portfolio in Materion Corp (NYSE:MTRN). Moreover, Gemmer Asset Mngmt Ltd Liability has 0% invested in Materion Corp (NYSE:MTRN). State Teachers Retirement Sys stated it has 0.01% in Materion Corp (NYSE:MTRN). Daiwa owns 2,500 shares. Price T Rowe Associate Inc Md has invested 0% of its portfolio in Materion Corp (NYSE:MTRN). State Of Tennessee Treasury Department has 19,057 shares. Pillar Pacific Cap Mgmt Lc holds 6,480 shares or 0.03% of its portfolio. Raymond James And Associate reported 11,136 shares. Ameriprise Fincl stated it has 0.01% of its portfolio in Materion Corp (NYSE:MTRN). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Materion Corp (NYSE:MTRN) for 1,169 shares. Retail Bank Of America Corp De stated it has 143,121 shares or 0% of all its holdings. Aperio Ltd Liability reported 15,004 shares stake. Guggenheim Cap Ltd Company holds 0% or 22,232 shares. Citadel Ltd Limited Liability Company has invested 0% of its portfolio in Materion Corp (NYSE:MTRN). Pnc Financial Services Incorporated invested 0% in Materion Corp (NYSE:MTRN).

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