Multi-Color (LABL) Forms $66.05 Double Bottom; Nasdaq Omx Group (NDAQ) Sentiment Is 1.22

April 1, 2018 - By John Hoffman

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Nasdaq Omx Group Inc (NDAQ) investors sentiment increased to 1.22 in 2017 Q4. It’s up 0.07, from 1.15 in 2017Q3. The ratio has improved, as 197 institutional investors opened new and increased equity positions, while 162 reduced and sold positions in Nasdaq Omx Group Inc. The institutional investors in our database now hold: 119.93 million shares, down from 120.96 million shares in 2017Q3. Also, the number of institutional investors holding Nasdaq Omx Group Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 25 Reduced: 137 Increased: 141 New Position: 56.

Multi-Color Corporation (LABL) formed double bottom with $63.41 target or 4.00% below today’s $66.05 share price. Multi-Color Corporation (LABL) has $1.35B valuation. The stock decreased 0.38% or $0.25 during the last trading session, reaching $66.05. About 51,876 shares traded. Multi-Color Corporation (NASDAQ:LABL) has declined 4.89% since April 1, 2017 and is downtrending. It has underperformed by 16.44% the S&P500.

Analysts await Multi-Color Corporation (NASDAQ:LABL) to report earnings on May, 29. They expect $1.12 earnings per share, up 14.29% or $0.14 from last year’s $0.98 per share. LABL’s profit will be $22.89 million for 14.74 P/E if the $1.12 EPS becomes a reality. After $0.71 actual earnings per share reported by Multi-Color Corporation for the previous quarter, Wall Street now forecasts 57.75% EPS growth.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.42, from 1.66 in 2017Q3. It fall, as 14 investors sold Multi-Color Corporation shares while 36 reduced holdings. 12 funds opened positions while 50 raised stakes. 12.65 million shares or 3.38% more from 12.24 million shares in 2017Q3 were reported. Ftb Advsrs holds 511 shares. Tiaa Cref Management Ltd Llc holds 32,813 shares. Piedmont Ltd Liability Com stated it has 0% of its portfolio in Multi-Color Corporation (NASDAQ:LABL). Riverhead Capital Mgmt Lc holds 1,485 shares. Ls Invest Advsrs Limited Liability holds 0% or 438 shares. Redmond Asset Ltd Limited Liability Company reported 0.63% stake. 1,200 were reported by Ameritas Investment Ptnrs. Federated Invsts Pa holds 54,215 shares or 0.01% of its portfolio. Bnp Paribas Arbitrage Sa owns 5,671 shares. Invesco Limited has 177,613 shares for 0% of their portfolio. Td Asset Management reported 0% stake. Parkside Natl Bank & invested in 3 shares or 0% of the stock. 692,053 were accumulated by Dimensional Fund Lp. Schwab Charles Investment Management invested in 66,699 shares or 0% of the stock. Voya Inv Mgmt Limited Liability Company holds 0% in Multi-Color Corporation (NASDAQ:LABL) or 6,386 shares.

Among 5 analysts covering Multi-Color (NASDAQ:LABL), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Multi-Color had 21 analyst reports since August 11, 2015 according to SRatingsIntel. On Tuesday, October 10 the stock rating was maintained by Robert W. Baird with “Hold”. The firm has “Hold” rating by BMO Capital Markets given on Friday, August 18. Hilliard Lyons maintained it with “Long-Term Buy” rating and $73 target in Friday, April 29 report. The stock of Multi-Color Corporation (NASDAQ:LABL) has “Neutral” rating given on Wednesday, January 4 by Robert W. Baird. BMO Capital Markets maintained Multi-Color Corporation (NASDAQ:LABL) on Tuesday, August 11 with “Outperform” rating. BMO Capital Markets maintained the stock with “Hold” rating in Monday, July 17 report. KeyBanc Capital Markets maintained the shares of LABL in report on Tuesday, May 30 with “Sell” rating. The rating was upgraded by Sidoti on Monday, March 5 to “Buy”. BMO Capital Markets maintained Multi-Color Corporation (NASDAQ:LABL) on Tuesday, February 6 with “Hold” rating. The company was downgraded on Tuesday, November 29 by KeyBanc Capital Markets.

Since December 13, 2017, it had 2 insider buys, and 2 insider sales for $1.32 million activity. BENACERRAF ARI J also bought $260,800 worth of Multi-Color Corporation (NASDAQ:LABL) shares. BUCK ROBERT R had sold 9,530 shares worth $686,744. 1,100 Multi-Color Corporation (NASDAQ:LABL) shares with value of $73,345 were bought by Apel Oliver. CONNOLLY CHARLES B also sold $970,317 worth of Multi-Color Corporation (NASDAQ:LABL) on Wednesday, December 13.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on April, 25. They expect $1.14 EPS, up 3.64% or $0.04 from last year’s $1.1 per share. NDAQ’s profit will be $189.88 million for 18.91 P/E if the $1.14 EPS becomes a reality. After $1.05 actual EPS reported by Nasdaq, Inc. for the previous quarter, Wall Street now forecasts 8.57% EPS growth.

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $3.44 million activity.

The stock increased 3.27% or $2.73 during the last trading session, reaching $86.22. About 1.44M shares traded or 41.88% up from the average. Nasdaq, Inc. (NDAQ) has risen 18.71% since April 1, 2017 and is uptrending. It has outperformed by 7.16% the S&P500.

Nasdaq, Inc. (NASDAQ:NDAQ) Institutional Positions Chart