Berson & Corrado Investment Advisors Has Cut Teekay Lng Partners LP (TGP) Stake; Valmont Industries (VMI) Sellers Increased By 16.75% Their Shorts

December 28, 2017 - By Danny Collins

Berson & Corrado Investment Advisors Llc decreased Teekay Lng Partners Lp (TGP) stake by 6.2% reported in 2017Q3 SEC filing. Berson & Corrado Investment Advisors Llc sold 19,816 shares as Teekay Lng Partners Lp (TGP)’s stock declined 14.75%. The Berson & Corrado Investment Advisors Llc holds 300,009 shares with $5.34M value, down from 319,825 last quarter. Teekay Lng Partners Lp now has $1.58 billion valuation. The stock increased 0.51% or $0.1 during the last trading session, reaching $19.85. About 251,278 shares traded or 13.05% up from the average. Teekay LNG Partners L.P. (NYSE:TGP) has risen 9.88% since December 28, 2016 and is uptrending. It has underperformed by 6.82% the S&P500.

Valmont Industries Incorporated (NYSE:VMI) had an increase of 16.75% in short interest. VMI’s SI was 566,600 shares in December as released by FINRA. Its up 16.75% from 485,300 shares previously. With 119,500 avg volume, 5 days are for Valmont Industries Incorporated (NYSE:VMI)’s short sellers to cover VMI’s short positions. The SI to Valmont Industries Incorporated’s float is 2.58%. The stock decreased 0.09% or $0.15 during the last trading session, reaching $165.8. About 33,196 shares traded. Valmont Industries, Inc. (NYSE:VMI) has risen 14.56% since December 28, 2016 and is uptrending. It has underperformed by 2.14% the S&P500.

Among 7 analysts covering Teekay LNG Partners L.P. (NYSE:TGP), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Teekay LNG Partners L.P. has $37 highest and $12 lowest target. $18’s average target is -9.32% below currents $19.85 stock price. Teekay LNG Partners L.P. had 22 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Monday, December 18 by Jefferies. The stock of Teekay LNG Partners L.P. (NYSE:TGP) earned “Outperform” rating by Wells Fargo on Friday, September 9. Stifel Nicolaus maintained the shares of TGP in report on Thursday, July 6 with “Hold” rating. Jefferies maintained the shares of TGP in report on Tuesday, September 5 with “Hold” rating. The firm has “Hold” rating given on Monday, November 21 by Stifel Nicolaus. Jefferies maintained the shares of TGP in report on Monday, July 3 with “Hold” rating. The stock of Teekay LNG Partners L.P. (NYSE:TGP) earned “Hold” rating by Jefferies on Tuesday, September 13. The stock has “Neutral” rating by Seaport Global Securities on Thursday, December 17. The stock has “Hold” rating by Jefferies on Friday, August 4. The stock has “Hold” rating by Jefferies on Tuesday, May 30.

Analysts await Teekay LNG Partners L.P. (NYSE:TGP) to report earnings on February, 22. They expect $0.30 earnings per share, up 36.36% or $0.08 from last year’s $0.22 per share. TGP’s profit will be $23.89 million for 16.54 P/E if the $0.30 EPS becomes a reality. After $0.23 actual earnings per share reported by Teekay LNG Partners L.P. for the previous quarter, Wall Street now forecasts 30.43% EPS growth.

Among 4 analysts covering Valmont Industries Inc. (NYSE:VMI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Valmont Industries Inc. has $18500 highest and $118 lowest target. $150.50’s average target is -9.23% below currents $165.8 stock price. Valmont Industries Inc. had 11 analyst reports since January 12, 2016 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, July 14 with “Buy”. Stifel Nicolaus downgraded the stock to “Hold” rating in Monday, December 11 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 30. The firm has “Buy” rating given on Friday, October 6 by Stifel Nicolaus. As per Friday, August 11, the company rating was maintained by Boenning & Scattergood. The stock of Valmont Industries, Inc. (NYSE:VMI) earned “Buy” rating by Stifel Nicolaus on Thursday, July 20. On Thursday, October 19 the stock rating was maintained by Stifel Nicolaus with “Buy”. Wedbush maintained the shares of VMI in report on Friday, February 19 with “Neutral” rating. On Friday, April 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. Boenning & Scattergood maintained the stock with “Hold” rating in Thursday, July 20 report.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.13, from 1.13 in 2017Q2. It increased, as 23 investors sold Valmont Industries, Inc. shares while 68 reduced holdings. 28 funds opened positions while 87 raised stakes. 18.73 million shares or 2.96% more from 18.20 million shares in 2017Q2 were reported. Envestnet Asset Mngmt accumulated 1,577 shares. Invesco Ltd reported 198,727 shares. Mason Street Ltd Liability reported 11,213 shares. Dean Investment Limited Liability Com stated it has 19,905 shares. 8,584 are held by Creative Planning. Hamel Associate Inc has 0.95% invested in Valmont Industries, Inc. (NYSE:VMI) for 12,335 shares. Fincl Bank Of Mellon Corp holds 425,993 shares or 0.02% of its portfolio. Moreover, First Republic Mngmt Incorporated has 0% invested in Valmont Industries, Inc. (NYSE:VMI) for 1,754 shares. Geode Capital Management Lc holds 186,497 shares or 0.01% of its portfolio. Weaver C Barksdale & has 0.02% invested in Valmont Industries, Inc. (NYSE:VMI). Susquehanna Grp Llp has invested 0% in Valmont Industries, Inc. (NYSE:VMI). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment holds 1,800 shares. Prudential holds 0.06% or 228,179 shares in its portfolio. Ameritas owns 6,759 shares for 0.05% of their portfolio. Gabelli Funds Lc owns 30,500 shares.