CNB Financial (CCNE) At $28.48 Forms Top; Rwc Asset Management Llp Cut By $818,090 Its Dover (DOV) Holding

March 7, 2018 - By Danny Collins

CNB Financial Corporation (CCNE) formed multiple top with $29.62 target or 4.00% above today’s $28.48 share price. CNB Financial Corporation (CCNE) has $435.32 million valuation. The stock increased 0.11% or $0.03 during the last trading session, reaching $28.48. About 22,834 shares traded. CNB Financial Corporation (NASDAQ:CCNE) has risen 24.71% since March 7, 2017 and is uptrending. It has outperformed by 8.01% the S&P500.

Rwc Asset Management Llp decreased Dover Corp (DOV) stake by 8.54% reported in 2017Q3 SEC filing. Rwc Asset Management Llp sold 8,990 shares as Dover Corp (DOV)’s stock rose 4.00%. The Rwc Asset Management Llp holds 96,286 shares with $8.80 million value, down from 105,276 last quarter. Dover Corp now has $15.44B valuation. The stock increased 1.46% or $1.44 during the last trading session, reaching $100.01. About 1.10M shares traded. Dover Corporation (NYSE:DOV) has risen 29.68% since March 7, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Among 23 analysts covering Dover (NYSE:DOV), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Dover has $120 highest and $51 lowest target. $95.31’s average target is -4.70% below currents $100.01 stock price. Dover had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Dover Corporation (NYSE:DOV) has “Hold” rating given on Friday, July 14 by Stifel Nicolaus. On Tuesday, December 13 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Buy” rating by Bank of America given on Thursday, August 3. The rating was maintained by Susquehanna with “Hold” on Friday, January 12. The firm has “Hold” rating given on Wednesday, October 11 by RBC Capital Markets. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 1. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, January 16. On Monday, April 25 the stock rating was downgraded by Seaport Global to “Neutral”. The stock of Dover Corporation (NYSE:DOV) has “Buy” rating given on Thursday, August 24 by Robert W. Baird. On Tuesday, July 4 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.05, from 1.04 in 2017Q2. It worsened, as 33 investors sold DOV shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Proshare Advsr Ltd Com has invested 0.63% in Dover Corporation (NYSE:DOV). Robeco Institutional Asset Management Bv has invested 0% in Dover Corporation (NYSE:DOV). Moreover, Nippon Life Insur Com has 0.03% invested in Dover Corporation (NYSE:DOV) for 14,795 shares. Moreover, Cibc Asset Mngmt has 0.01% invested in Dover Corporation (NYSE:DOV) for 14,929 shares. 100 were accumulated by Hanson Mcclain. Moreover, Evercore Wealth Ltd has 0.05% invested in Dover Corporation (NYSE:DOV) for 13,755 shares. Cannell Peter B And Com Incorporated holds 0.08% in Dover Corporation (NYSE:DOV) or 25,062 shares. Crawford Counsel owns 5,170 shares. Advantus reported 15,595 shares stake. Goldman Sachs Gru holds 0.04% or 1.94M shares in its portfolio. 22,683 were accumulated by Cibc Ww Mkts Corp. Lmr Prtnrs Llp reported 5,548 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 0.1% or 8,020 shares. Fulton Bank Na, Pennsylvania-based fund reported 3,648 shares. Apg Asset Management Nv has 0.03% invested in Dover Corporation (NYSE:DOV) for 173,387 shares.

Rwc Asset Management Llp increased Hanesbrands Inc (NYSE:HBI) stake by 45,562 shares to 252,155 valued at $6.21 million in 2017Q3. It also upped Synchrony Finl (NYSE:SYF) stake by 89,655 shares and now owns 493,601 shares. American Intl Group Inc (NYSE:AIG) was raised too.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on April, 19. They expect $1.16 EPS, up 65.71% or $0.46 from last year’s $0.7 per share. DOV’s profit will be $179.13M for 21.55 P/E if the $1.16 EPS becomes a reality. After $1.13 actual EPS reported by Dover Corporation for the previous quarter, Wall Street now forecasts 2.65% EPS growth.

Since October 23, 2017, it had 0 insider purchases, and 5 insider sales for $5.93 million activity. 8,495 shares valued at $818,048 were sold by STUBBS MICHAEL B on Thursday, October 26. On Thursday, October 26 Goldberg Paul sold $419,100 worth of Dover Corporation (NYSE:DOV) or 4,400 shares. Spurgeon William also sold $624,203 worth of Dover Corporation (NYSE:DOV) on Thursday, October 26. $93,382 worth of Dover Corporation (NYSE:DOV) shares were sold by Kosinski Anthony K.

Analysts await CNB Financial Corporation (NASDAQ:CCNE) to report earnings on April, 16. They expect $0.48 EPS, up 11.63% or $0.05 from last year’s $0.43 per share. CCNE’s profit will be $7.34 million for 14.83 P/E if the $0.48 EPS becomes a reality. After $0.43 actual EPS reported by CNB Financial Corporation for the previous quarter, Wall Street now forecasts 11.63% EPS growth.