Dalton Greiner Hartman Maher & Co Has Increased Emc Ins Group Com (EMCI) Position By $1.57 Million; Newpark Resources Has 1.08 Sentiment

April 4, 2018 - By Danny Collins

EMC Insurance Group Inc. (NASDAQ:EMCI) Logo

Newpark Resources Inc (NR) investors sentiment increased to 1.08 in 2017 Q4. It’s up 0.11, from 0.97 in 2017Q3. The ratio increased, as 77 investment managers increased and opened new positions, while 71 decreased and sold equity positions in Newpark Resources Inc. The investment managers in our database reported: 86.52 million shares, down from 87.91 million shares in 2017Q3. Also, the number of investment managers holding Newpark Resources Inc in top ten positions was flat from 2 to 2 for the same number . Sold All: 18 Reduced: 53 Increased: 51 New Position: 26.

Dalton Greiner Hartman Maher & Co increased Emc Ins Group Inc Com (EMCI) stake by 65.79% reported in 2017Q4 SEC filing. Dalton Greiner Hartman Maher & Co acquired 56,172 shares as Emc Ins Group Inc Com (EMCI)’s stock declined 8.04%. The Dalton Greiner Hartman Maher & Co holds 141,550 shares with $4.06M value, up from 85,378 last quarter. Emc Ins Group Inc Com now has $576.97 million valuation. The stock increased 0.30% or $0.08 during the last trading session, reaching $26.82. About 16,788 shares traded. EMC Insurance Group Inc. (NASDAQ:EMCI) has declined 4.02% since April 4, 2017 and is downtrending. It has underperformed by 15.57% the S&P500.

Dalton Greiner Hartman Maher & Co decreased Agco Corp Com (NYSE:AGCO) stake by 17,927 shares to 145,952 valued at $10.43M in 2017Q4. It also reduced Merit Med Sys Inc Com (NASDAQ:MMSI) stake by 118,967 shares and now owns 374,052 shares. Brighthouse Finl Inc Com was reduced too.

Investors sentiment increased to 1.48 in 2017 Q4. Its up 0.24, from 1.24 in 2017Q3. It is positive, as 6 investors sold EMCI shares while 19 reduced holdings. 12 funds opened positions while 25 raised stakes. 6.03 million shares or 0.87% more from 5.98 million shares in 2017Q3 were reported. Invesco reported 15,435 shares. Millennium Management Ltd Limited Liability Company has 9,426 shares for 0% of their portfolio. Morgan Stanley invested in 28,716 shares. Fincl Bank Of Mellon Corporation has invested 0% in EMC Insurance Group Inc. (NASDAQ:EMCI). Us Comml Bank De has invested 0% in EMC Insurance Group Inc. (NASDAQ:EMCI). Vanguard Gru reported 0% in EMC Insurance Group Inc. (NASDAQ:EMCI). Northern Trust Corporation invested in 403,635 shares. Strs Ohio, a Ohio-based fund reported 20,700 shares. California State Teachers Retirement System has invested 0% in EMC Insurance Group Inc. (NASDAQ:EMCI). Dalton Greiner Hartman Maher & reported 141,550 shares. 10,750 are owned by Ny State Common Retirement Fund. Tiaa Cref Invest Management Ltd Liability Com, a New York-based fund reported 21,987 shares. Clear Harbor Asset Mngmt Ltd Liability Corp accumulated 0.06% or 11,000 shares. Prudential Finance reported 59,607 shares stake. Bridgeway Capital reported 85,875 shares.

Among 2 analysts covering EMC Insurance Group (NASDAQ:EMCI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. EMC Insurance Group has $30.0 highest and $27 lowest target. $30’s average target is 11.86% above currents $26.82 stock price. EMC Insurance Group had 7 analyst reports since September 9, 2015 according to SRatingsIntel. Keefe Bruyette & Woods initiated EMC Insurance Group Inc. (NASDAQ:EMCI) on Tuesday, October 20 with “Market Perform” rating. The stock of EMC Insurance Group Inc. (NASDAQ:EMCI) has “Hold” rating given on Thursday, February 8 by Keefe Bruyette & Woods. The rating was upgraded by Sandler O’Neill on Wednesday, September 9 to “Buy”. The firm has “Hold” rating given on Thursday, August 17 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of EMCI in report on Wednesday, September 20 with “Hold” rating. The stock of EMC Insurance Group Inc. (NASDAQ:EMCI) earned “Buy” rating by Sandler O’Neill on Wednesday, January 20. The firm has “Hold” rating given on Friday, December 18 by Sandler O’Neill.

Newpark Resources, Inc., together with its subsidiaries, provides services and products primarily to the gas and oil exploration and production industry. The company has market cap of $753.90 million. The firm operates through two divisions, Fluids Systems and Mats and Integrated Services. It currently has negative earnings. The Fluids Systems segment offers drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, including horizontal, directional, geologically deep, or deep water drilling.

Since January 1, 0001, it had 0 buys, and 1 sale for $370,731 activity.

Analysts await Newpark Resources, Inc. (NYSE:NR) to report earnings on April, 26. They expect $0.07 earnings per share, up 800.00% or $0.08 from last year’s $-0.01 per share. NR’s profit will be $6.25 million for 30.18 P/E if the $0.07 EPS becomes a reality. After $0.06 actual earnings per share reported by Newpark Resources, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Oslo Asset Management As holds 8.94% of its portfolio in Newpark Resources, Inc. for 2.83 million shares. Tieton Capital Management Llc owns 539,928 shares or 3.99% of their US portfolio. Moreover, Daruma Capital Management Llc has 2.35% invested in the company for 4.37 million shares. The Missouri-based Piermont Capital Management Inc. has invested 0.64% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 808,880 shares.

The stock increased 5.62% or $0.45 during the last trading session, reaching $8.45. About 913,248 shares traded or 77.10% up from the average. Newpark Resources, Inc. (NR) has risen 8.67% since April 4, 2017 and is uptrending. It has underperformed by 2.88% the S&P500.

EMC Insurance Group Inc. (NASDAQ:EMCI) Institutional Positions Chart