Landec (LNDC) At $13.05 Forms Bottom; Paloma Partners Management Company Raised Its Celanese (CE) Position

April 2, 2018 - By Danny Collins

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Paloma Partners Management Company increased Celanese Corp (CE) stake by 54.3% reported in 2017Q4 SEC filing. Paloma Partners Management Company acquired 8,024 shares as Celanese Corp (CE)’s stock declined 7.31%. The Paloma Partners Management Company holds 22,800 shares with $2.44 million value, up from 14,776 last quarter. Celanese Corp now has $13.61B valuation. The stock increased 0.47% or $0.47 during the last trading session, reaching $100.21. About 1.44M shares traded or 97.23% up from the average. Celanese Corporation (NYSE:CE) has risen 9.78% since April 2, 2017 and is uptrending. It has underperformed by 1.77% the S&P500.

Landec Corporation (LNDC) formed multiple bottom with $12.27 target or 6.00% below today’s $13.05 share price. Landec Corporation (LNDC) has $358.96M valuation. The stock decreased 1.51% or $0.2 during the last trading session, reaching $13.05. About 44,665 shares traded. Landec Corporation (NASDAQ:LNDC) has risen 11.69% since April 2, 2017 and is uptrending. It has outperformed by 0.14% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.14, from 0.91 in 2017Q3. It improved, as 29 investors sold CE shares while 142 reduced holdings. 54 funds opened positions while 126 raised stakes. 125.13 million shares or 1.30% less from 126.78 million shares in 2017Q3 were reported. Glg Ltd Liability stated it has 7,117 shares. Natl Asset reported 4,567 shares. Andra Ap holds 0.09% or 35,200 shares in its portfolio. British Columbia Mgmt Corp has invested 0.09% in Celanese Corporation (NYSE:CE). Parallax Volatility Advisers LP reported 540 shares. Jennison Assocs Ltd Llc invested in 184,385 shares or 0.02% of the stock. Alphamark Advisors Limited Co holds 27,939 shares or 1.17% of its portfolio. Optimum Invest Advsr stated it has 11,140 shares or 0.38% of all its holdings. 4,059 are held by Commerce Comml Bank. 2,162 are owned by Blair William Communications Il. First Quadrant Lp Ca stated it has 2,500 shares. Amf Pensionsforsakring Ab has 369,465 shares. Investec Asset has invested 0% in Celanese Corporation (NYSE:CE). Fjarde Ap has invested 0.08% in Celanese Corporation (NYSE:CE). Engineers Gate Manager Lp has invested 0.02% in Celanese Corporation (NYSE:CE).

Among 18 analysts covering Celanese (NYSE:CE), 13 have Buy rating, 1 Sell and 4 Hold. Therefore 72% are positive. Celanese has $131 highest and $64 lowest target. $113.59’s average target is 13.35% above currents $100.21 stock price. Celanese had 72 analyst reports since September 1, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $122.0 target in Wednesday, October 18 report. The firm has “Outperform” rating given on Wednesday, September 20 by Cowen & Co. Wells Fargo maintained the stock with “Hold” rating in Wednesday, January 17 report. The stock of Celanese Corporation (NYSE:CE) earned “Neutral” rating by Nomura on Tuesday, October 10. Jefferies maintained the stock with “Buy” rating in Monday, January 29 report. As per Wednesday, November 18, the company rating was maintained by Deutsche Bank. The firm has “Outperform” rating given on Thursday, December 1 by Cowen & Co. The firm earned “Sell” rating on Monday, July 24 by Alembic. SunTrust maintained the shares of CE in report on Monday, January 29 with “Buy” rating. The stock of Celanese Corporation (NYSE:CE) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, October 21.

Paloma Partners Management Company decreased Nasdaq Inc (NASDAQ:NDAQ) stake by 32,302 shares to 11,198 valued at $861,000 in 2017Q4. It also reduced Illumina Inc (NASDAQ:ILMN) stake by 3,024 shares and now owns 2,495 shares. Pinnacle Foods Inc (Put) (NYSE:PF) was reduced too.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.25, from 1.08 in 2017Q3. It worsened, as 8 investors sold Landec Corporation shares while 32 reduced holdings. 10 funds opened positions while 23 raised stakes. 25.41 million shares or 0.60% less from 25.56 million shares in 2017Q3 were reported. Voya Invest Management Limited Liability Corp accumulated 16,264 shares. The New York-based Bank & Trust Of Mellon has invested 0% in Landec Corporation (NASDAQ:LNDC). 40,300 are held by Swiss Natl Bank. New York State Common Retirement Fund has invested 0% in Landec Corporation (NASDAQ:LNDC). 259,955 were accumulated by Wells Fargo Co Mn. 15,700 are owned by Alliancebernstein L P. Northern Trust reported 354,468 shares. Bessemer has invested 0% in Landec Corporation (NASDAQ:LNDC). First Interstate Bank & Trust reported 16,865 shares. Manufacturers Life Ins The invested 0% in Landec Corporation (NASDAQ:LNDC). Perritt Cap invested in 0.82% or 232,650 shares. Wedge Cap Management L Lp Nc has 0.01% invested in Landec Corporation (NASDAQ:LNDC). Natl Bank Of America De invested in 114,405 shares or 0% of the stock. California Pub Employees Retirement Sys holds 0% or 67,400 shares. Heartland Advisors holds 0.69% in Landec Corporation (NASDAQ:LNDC) or 848,550 shares.

Since October 23, 2017, it had 0 insider purchases, and 1 sale for $96,659 activity. Hemmeter Molly had sold 7,399 shares worth $96,659 on Monday, October 23.

Celanese Corporation (NYSE:CE) Institutional Positions Chart