Barnes Group Inc. (B) EPS Estimated At $0.68; A-R-T- Advisors Has Cut Conocophillips (COP) Position By $1.70 Million

January 14, 2018 - By Adrian Mccoy

A-R-T- Advisors Llc decreased Conocophillips (COP) stake by 89.21% reported in 2017Q3 SEC filing. A-R-T- Advisors Llc sold 33,900 shares as Conocophillips (COP)’s stock declined 0.06%. The A-R-T- Advisors Llc holds 4,100 shares with $205,000 value, down from 38,000 last quarter. Conocophillips now has $71.79B valuation. The stock increased 1.47% or $0.87 during the last trading session, reaching $60.05. About 6.74 million shares traded or 14.49% up from the average. ConocoPhillips (NYSE:COP) has risen 9.50% since January 14, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

Analysts expect Barnes Group Inc. (NYSE:B) to report $0.68 EPS on February, 16 before the open.They anticipate $0.01 EPS change or 1.49% from last quarter’s $0.67 EPS. B’s profit would be $36.45M giving it 24.92 P/E if the $0.68 EPS is correct. After having $0.66 EPS previously, Barnes Group Inc.’s analysts see 3.03% EPS growth. The stock increased 0.24% or $0.16 during the last trading session, reaching $67.79. About 161,776 shares traded. Barnes Group Inc. (NYSE:B) has risen 67.01% since January 14, 2017 and is uptrending. It has outperformed by 50.31% the S&P500.

A-R-T- Advisors Llc increased Ferrari N V stake by 3,000 shares to 7,500 valued at $828,000 in 2017Q3. It also upped Axis Capital Holdings Ltd (NYSE:AXS) stake by 26,000 shares and now owns 42,800 shares. Trinseo S A (NYSE:TSE) was raised too.

Investors sentiment decreased to 0.63 in Q3 2017. Its down 0.08, from 0.71 in 2017Q2. It dropped, as 62 investors sold COP shares while 536 reduced holdings. 91 funds opened positions while 283 raised stakes. 814.86 million shares or 0.93% less from 822.50 million shares in 2017Q2 were reported. Rothschild Asset Mngmt holds 0.66% of its portfolio in ConocoPhillips (NYSE:COP) for 1.19 million shares. Private Tru Com Na stated it has 0.16% in ConocoPhillips (NYSE:COP). Mcrae Cap Mngmt holds 83,528 shares or 1.8% of its portfolio. First Eagle Inv Mngmt Ltd Com stated it has 10.61 million shares. Retirement Systems Of Alabama has 1.23M shares for 0.32% of their portfolio. Moreover, Bartlett And Com Lc has 0.03% invested in ConocoPhillips (NYSE:COP) for 13,389 shares. Alethea Ltd, a California-based fund reported 53,148 shares. 6,496 are held by Sns Group Inc Ltd Llc. Dupont Mngmt Corporation holds 0.31% of its portfolio in ConocoPhillips (NYSE:COP) for 271,482 shares. Beese Fulmer Inv holds 0.73% of its portfolio in ConocoPhillips (NYSE:COP) for 64,334 shares. Marco Ltd Liability Corp has invested 0.62% in ConocoPhillips (NYSE:COP). Ray Gerald L & Associate Limited accumulated 8,414 shares. Franklin Street Advisors Nc stated it has 7,135 shares or 0.06% of all its holdings. Calamos Wealth Management Lc stated it has 56,965 shares. Hbk Sorce Advisory Ltd Llc owns 8,648 shares.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on February, 1. They expect $0.40 EPS, up 253.85% or $0.66 from last year’s $-0.26 per share. COP’s profit will be $478.21 million for 37.53 P/E if the $0.40 EPS becomes a reality. After $0.16 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 150.00% EPS growth.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. ConocoPhillips had 83 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $50.0 target in Tuesday, January 12 report. The company was maintained on Sunday, August 20 by Cowen & Co. The stock of ConocoPhillips (NYSE:COP) earned “Buy” rating by Piper Jaffray on Thursday, November 9. Credit Suisse maintained the shares of COP in report on Friday, March 31 with “” rating. The stock has “Buy” rating by Cowen & Co on Tuesday, July 18. The rating was downgraded by Societe Generale to “Hold” on Thursday, February 4. The rating was downgraded by Vetr to “Strong-Buy” on Monday, August 31. The rating was maintained by Barclays Capital on Tuesday, October 10 with “Overweight”. The rating was maintained by Cowen & Co on Friday, March 31 with “Outperform”. Piper Jaffray maintained it with “Buy” rating and $45.0 target in Thursday, August 24 report.

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Barnes Group had 23 analyst reports since July 28, 2015 according to SRatingsIntel. On Friday, July 28 the stock rating was maintained by Oppenheimer with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Monday, December 5 report. SunTrust maintained Barnes Group Inc. (NYSE:B) on Monday, January 8 with “Hold” rating. As per Friday, December 11, the company rating was initiated by DA Davidson. The firm earned “Buy” rating on Friday, September 8 by Deutsche Bank. The company was upgraded on Thursday, April 7 by Deutsche Bank. The stock has “Buy” rating by Jefferies on Wednesday, June 7. The firm earned “Hold” rating on Thursday, January 19 by Suntrust Robinson. The firm earned “Hold” rating on Thursday, January 19 by SunTrust. Oppenheimer maintained the shares of B in report on Monday, October 26 with “Outperform” rating.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.13, from 1.12 in 2017Q2. It increased, as 13 investors sold Barnes Group Inc. shares while 74 reduced holdings. 42 funds opened positions while 67 raised stakes. 45.71 million shares or 1.16% more from 45.18 million shares in 2017Q2 were reported. Dupont Management Corporation, a Delaware-based fund reported 52,700 shares. Nationwide Fund Advsrs accumulated 313,220 shares. M&T Retail Bank invested 0% in Barnes Group Inc. (NYSE:B). Menta Capital Ltd holds 6,400 shares. 43,956 were reported by State Of Tennessee Treasury Department. Sg Americas Secs Ltd Liability owns 3,048 shares or 0% of their US portfolio. Arizona State Retirement Systems reported 0.02% in Barnes Group Inc. (NYSE:B). Rothschild Asset Management, New York-based fund reported 694,348 shares. Kempner has invested 0.18% in Barnes Group Inc. (NYSE:B). Parametric Portfolio Assoc Ltd Company stated it has 176,065 shares or 0.01% of all its holdings. King Luther Capital Mngmt has invested 0.13% in Barnes Group Inc. (NYSE:B). Moreover, Winslow Evans & Crocker has 0% invested in Barnes Group Inc. (NYSE:B) for 110 shares. Dubuque Bank & Trust invested 0.06% of its portfolio in Barnes Group Inc. (NYSE:B). Atria Limited Com accumulated 5,351 shares. Seizert Partners Lc stated it has 0.05% of its portfolio in Barnes Group Inc. (NYSE:B).

Barnes Group Inc. operates as an industrial and aerospace maker and service provider, serving a range of end markets and customers. The company has market cap of $3.63 billion. The firm operates in two divisions, Industrial and Aerospace. It has a 23.87 P/E ratio. The Industrial segment offers precision parts, products, and systems for applications serving various clients in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy.

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