Duff & Phelps Investment Management Co Has Decreased Its Coresite Rlty (COR) Position; Overstockcom (OSTK) Has 1.3 Sentiment

March 19, 2018 - By Adrian Erickson

Overstock.com, Inc. operates as an online retailer in the United States. The company has market cap of $1.38 billion. The firm operates through two divisions, Direct and Partner. It currently has negative earnings. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

Duff & Phelps Investment Management Co decreased Coresite Rlty Corp (COR) stake by 3.14% reported in 2017Q3 SEC filing. Duff & Phelps Investment Management Co sold 8,000 shares as Coresite Rlty Corp (COR)’s stock rose 15.80%. The Duff & Phelps Investment Management Co holds 246,633 shares with $27.60 million value, down from 254,633 last quarter. Coresite Rlty Corp now has $5.07 billion valuation. The stock decreased 0.72% or $0.77 during the last trading session, reaching $105.46. About 62,626 shares traded. CoreSite Realty Corporation (NYSE:COR) has risen 35.38% since March 19, 2017 and is uptrending. It has outperformed by 18.68% the S&P500.

The stock increased 4.60% or $2.1 during the last trading session, reaching $47.8. About 1.85M shares traded. Overstock.com, Inc. (OSTK) has declined 7.99% since March 19, 2017 and is downtrending. It has underperformed by 24.69% the S&P500.

Fny Managed Accounts Llc holds 4.66% of its portfolio in Overstock.com, Inc. for 120,000 shares. Chou Associates Management Inc. owns 286,650 shares or 2.97% of their US portfolio. Moreover, Thomson Horstmann & Bryant Inc has 2.77% invested in the company for 678,592 shares. The Tennessee-based Lee Danner & Bass Inc has invested 1.9% in the stock. Park West Asset Management Llc, a California-based fund reported 900,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $384,800 activity.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.09, from 1.35 in 2017Q2. It turned negative, as 31 investors sold COR shares while 85 reduced holdings. 63 funds opened positions while 94 raised stakes. 32.93 million shares or 0.05% more from 32.91 million shares in 2017Q2 were reported. Cambridge Invest Advisors accumulated 3,674 shares. Kemper Corporation Master Retirement Tru accumulated 3,725 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems has 4,988 shares. Prelude Capital Mngmt Limited accumulated 3,900 shares. Breton Hill Capital holds 0.08% or 3,967 shares. Amica Pension Fund Board Of Trustees holds 0.34% or 24,972 shares in its portfolio. Alliancebernstein LP accumulated 30,357 shares. 147,331 are held by Morgan Stanley. Ameriprise Financial reported 0.01% of its portfolio in CoreSite Realty Corporation (NYSE:COR). 9,775 are owned by D E Shaw Company. Numeric Invsts Ltd Liability holds 0.13% or 154,557 shares in its portfolio. Cadence Cap Mgmt Limited Liability Corporation holds 2,141 shares. Fifth Third Commercial Bank reported 5,203 shares. Benjamin F Edwards And Incorporated holds 472 shares. Moreover, Landscape Cap Management has 0.46% invested in CoreSite Realty Corporation (NYSE:COR) for 40,800 shares.

Analysts await CoreSite Realty Corporation (NYSE:COR) to report earnings on April, 26. They expect $1.23 EPS, up 8.85% or $0.10 from last year’s $1.13 per share. COR’s profit will be $59.13 million for 21.43 P/E if the $1.23 EPS becomes a reality. After $1.18 actual EPS reported by CoreSite Realty Corporation for the previous quarter, Wall Street now forecasts 4.24% EPS growth.

Duff & Phelps Investment Management Co increased Energy Transfer Prtn stake by 25,000 shares to 4.13M valued at $75.47M in 2017Q3. It also upped Phillips 66 Partners (NYSE:PSXP) stake by 29,300 shares and now owns 317,319 shares. Targa Resources In (NYSE:TRGP) was raised too.

Among 20 analysts covering CoreSite Realty (NYSE:COR), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. CoreSite Realty had 61 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, February 9, the company rating was maintained by Citigroup. KeyBanc Capital Markets upgraded CoreSite Realty Corporation (NYSE:COR) on Monday, March 12 to “Overweight” rating. The firm has “Neutral” rating given on Friday, October 27 by Credit Suisse. Stifel Nicolaus maintained the shares of COR in report on Wednesday, September 13 with “Hold” rating. The company was maintained on Monday, November 13 by Jefferies. Jefferies maintained it with “Buy” rating and $130.0 target in Monday, October 23 report. The firm has “Outperform” rating given on Friday, July 24 by RBC Capital Markets. The firm has “Overweight” rating given on Friday, December 16 by KeyBanc Capital Markets. As per Wednesday, January 17, the company rating was maintained by Credit Suisse. The firm has “Mkt Perform” rating by Raymond James given on Friday, October 7.

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