Eversource Energy (ES) Hit By UBS Upgraded. Has $65.0000 Target; Barclays Plc Has Upped Callaway Golf Co (ELY) Position By $798,928

April 2, 2018 - By John Hoffman

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UBS upgraded shares of Eversource Energy (NYSE:ES) to a “Buy” rating in a a research note revealed to clients and investors on Monday morning. The firm currently has a $65.0000 PT on the stock. UBS’s PT suggests a potential upside of 10.32% from the stock’s previous stock close.

Barclays Plc increased Callaway Golf Co (ELY) stake by 10242.67% reported in 2017Q4 SEC filing. Barclays Plc acquired 61,456 shares as Callaway Golf Co (ELY)’s stock rose 8.19%. The Barclays Plc holds 62,056 shares with $864,000 value, up from 600 last quarter. Callaway Golf Co now has $1.55 billion valuation. The stock increased 0.62% or $0.1 during the last trading session, reaching $16.36. About 1.00 million shares traded or 7.73% up from the average. Callaway Golf Company (NYSE:ELY) has risen 47.83% since April 2, 2017 and is uptrending. It has outperformed by 36.28% the S&P500.

Among 16 analysts covering Callaway Golf (NYSE:ELY), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Callaway Golf had 43 analyst reports since August 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 8 by Jefferies. As per Monday, October 23, the company rating was maintained by Cowen & Co. The stock of Callaway Golf Company (NYSE:ELY) earned “Outperform” rating by Imperial Capital on Tuesday, March 15. The rating was maintained by DA Davidson with “Buy” on Wednesday, September 20. The stock of Callaway Golf Company (NYSE:ELY) earned “Buy” rating by DA Davidson on Wednesday, December 27. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, January 24 report. Imperial Capital maintained Callaway Golf Company (NYSE:ELY) rating on Tuesday, May 23. Imperial Capital has “Outperform” rating and $14.50 target. Imperial Capital maintained Callaway Golf Company (NYSE:ELY) on Tuesday, February 7 with “Outperform” rating. The company was upgraded on Wednesday, February 24 by DA Davidson. As per Saturday, August 5, the company rating was downgraded by Forward View Consulting.

Since October 26, 2017, it had 0 buys, and 9 sales for $3.16 million activity. On Tuesday, March 6 the insider BREWER OLIVER G III sold $640,000. $131,088 worth of Callaway Golf Company (NYSE:ELY) was sold by Arnett Richard H. on Tuesday, March 6. Thomas Jennifer L. also sold $127,120 worth of Callaway Golf Company (NYSE:ELY) shares. Lynch Brian P. had sold 6,277 shares worth $96,791 on Thursday, October 26. Shares for $1.08M were sold by Howie Neil on Thursday, February 15. $125,535 worth of Callaway Golf Company (NYSE:ELY) was sold by Hocknell Alan on Thursday, October 26.

Barclays Plc decreased Altisource Portfolio Solns S (Put) (NASDAQ:ASPS) stake by 48,600 shares to 1,400 valued at $39,000 in 2017Q4. It also reduced Invesco Mortgage Capital Inc (NYSE:IVR) stake by 348,970 shares and now owns 26,881 shares. Sothebys (Call) (NYSE:BID) was reduced too.

Investors sentiment increased to 1.36 in Q4 2017. Its up 0.17, from 1.19 in 2017Q3. It increased, as 19 investors sold ELY shares while 62 reduced holdings. 34 funds opened positions while 76 raised stakes. 80.37 million shares or 2.05% less from 82.05 million shares in 2017Q3 were reported. Blackrock Inc owns 12.07M shares for 0.01% of their portfolio. Dimensional Fund Advisors Lp holds 0.04% or 6.96M shares. Copper Rock Cap Partners Lc accumulated 2.43 million shares or 2.12% of the stock. Teachers Retirement Systems Of The State Of Kentucky accumulated 32,100 shares. Rhumbline Advisers invested 0.01% of its portfolio in Callaway Golf Company (NYSE:ELY). California-based First Quadrant Limited Partnership Ca has invested 0.01% in Callaway Golf Company (NYSE:ELY). Hl Finance Services Limited Liability Co invested in 0.07% or 250,698 shares. Assetmark invested in 30 shares. Augustine Asset holds 104,616 shares or 0.83% of its portfolio. Piedmont Inv Advisors Lc holds 19,431 shares or 0.01% of its portfolio. Cornerstone Mngmt Hldgs Ltd Limited Liability Company has invested 0% in Callaway Golf Company (NYSE:ELY). Manufacturers Life Ins Com The holds 71,237 shares or 0% of its portfolio. Northwestern Mutual Wealth Management Company reported 495 shares. Mackenzie has 0.01% invested in Callaway Golf Company (NYSE:ELY). Metropolitan Life Insur Ny invested in 0.01% or 27,907 shares.

The stock increased 0.77% or $0.45 during the last trading session, reaching $58.92. About 1.85M shares traded. Eversource Energy (NYSE:ES) has declined 1.61% since April 2, 2017 and is downtrending. It has underperformed by 13.16% the S&P500.

Analysts await Eversource Energy (NYSE:ES) to report earnings on May, 2. They expect $0.87 earnings per share, up 6.10% or $0.05 from last year’s $0.82 per share. ES’s profit will be $275.69M for 16.93 P/E if the $0.87 EPS becomes a reality. After $0.75 actual earnings per share reported by Eversource Energy for the previous quarter, Wall Street now forecasts 16.00% EPS growth.

Among 15 analysts covering Eversource Energy (NYSE:ES), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Eversource Energy has $7100 highest and $50.85 lowest target. $60.49’s average target is 2.66% above currents $58.92 stock price. Eversource Energy had 40 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Monday, February 8 by Barclays Capital. Morgan Stanley maintained the shares of ES in report on Monday, November 13 with “Equal-Weight” rating. As per Wednesday, July 20, the company rating was maintained by Citigroup. The rating was maintained by Argus Research with “Buy” on Tuesday, October 27. The rating was downgraded by Morgan Stanley to “Hold” on Tuesday, February 13. The firm earned “Hold” rating on Tuesday, August 25 by Vetr. The stock of Eversource Energy (NYSE:ES) has “Hold” rating given on Monday, July 31 by Deutsche Bank. The stock of Eversource Energy (NYSE:ES) earned “Neutral” rating by Mizuho on Friday, August 7. The rating was maintained by Morgan Stanley on Thursday, March 8 with “Equal-Weight”. The firm has “Buy” rating given on Friday, February 23 by Guggenheim.

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company has market cap of $18.67 billion. The firm operates in three divisions: Electric Distribution, Electric Transmission, and Natural Gas Distribution. It has a 18.95 P/E ratio. It is involved in the generation, transmission, and distribution of electricity; and distribution of natural gas.

Callaway Golf Company (NYSE:ELY) Institutional Positions Chart