Kraton (KRA) Is At $51.68 Formed Wedge; 1 Analysts Bullish Northwest Bancshares, Inc. (NWBI)

April 23, 2018 - By Shannon Black

Northwest Bancshares, Inc. (NASDAQ:NWBI) Logo

Among 7 analysts covering Northwest Bancshares (NASDAQ:NWBI), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Northwest Bancshares had 11 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, May 2 with “Outperform”. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock has “Hold” rating by Keefe Bruyette & Woods on Friday, October 6. The firm has “Market Perform” rating by FBR Capital given on Thursday, June 2. FBR Capital maintained the shares of NWBI in report on Wednesday, October 26 with “Mkt Perform” rating. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) has “Hold” rating given on Tuesday, July 25 by Boenning & Scattergood. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. Zacks downgraded the stock to “Hold” rating in Tuesday, September 22 report. The company was downgraded on Monday, December 19 by Sandler O’Neill. The stock of Northwest Bancshares, Inc. (NASDAQ:NWBI) earned “Market Perform” rating by Wood on Tuesday, September 13. See Northwest Bancshares, Inc. (NASDAQ:NWBI) latest ratings:

26/02/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $17.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $17.5 Maintain

Kraton Corporation (KRA) formed wedge down with $47.55 target or 8.00% below today’s $51.68 share price. Kraton Corporation (KRA) has $1.64 billion valuation. The stock decreased 2.05% or $1.08 during the last trading session, reaching $51.68. About 271,922 shares traded. Kraton Corporation (NYSE:KRA) has risen 66.15% since April 23, 2017 and is uptrending. It has outperformed by 54.60% the S&P500.

Investors sentiment increased to 1.3 in 2017 Q4. Its up 0.44, from 0.86 in 2017Q3. It improved, as 8 investors sold Northwest Bancshares, Inc. shares while 52 reduced holdings. 23 funds opened positions while 55 raised stakes. 66.59 million shares or 1.83% more from 65.40 million shares in 2017Q3 were reported. California Employees Retirement System accumulated 357,427 shares. Hbk Sorce Advisory Limited Liability Company holds 0.1% or 51,192 shares. Stratos Wealth Ltd, a Ohio-based fund reported 4,026 shares. Arete Wealth Advsrs Limited Com invested in 11,250 shares or 0.06% of the stock. Td Asset Mgmt invested 0% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI). Dean Mgmt reported 131,730 shares. Stifel Financial reported 126,321 shares stake. National Bank & Trust Of New York Mellon Corp owns 1.49M shares or 0.01% of their US portfolio. State Street holds 0% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI) for 2.53M shares. Wedge Cap Mgmt L L P Nc reported 20,820 shares stake. Kbc Group Nv accumulated 123,233 shares. Nordea Invest Mngmt Ab stated it has 0% of its portfolio in Northwest Bancshares, Inc. (NASDAQ:NWBI). Engineers Gate Manager Limited Partnership stated it has 53,220 shares or 0.06% of all its holdings. Qs Investors Ltd Liability Company holds 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI) or 105 shares. Ls Advsrs Ltd Liability Company stated it has 0% in Northwest Bancshares, Inc. (NASDAQ:NWBI).

Northwest Bancshares, Inc. operates as a bank holding firm for Northwest Savings Bank that offers various personal and business banking solutions in the United States. The company has market cap of $1.71 billion. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 18.1 P/E ratio. It offers personal and business deposits, such as checking, savings, money market deposit, term certificate, and individual retirement accounts.

Since October 26, 2017, it had 1 buy, and 6 selling transactions for $894,609 activity. 19,172 shares were sold by Scalise Jonathan P, worth $326,162 on Friday, January 26. Another trade for 1,000 shares valued at $16,144 was made by Meegan John P on Tuesday, February 6. Ritzert Gerald J had sold 12,200 shares worth $202,056 on Tuesday, February 6. Tredway Philip M had sold 5,714 shares worth $98,145.

The stock decreased 0.18% or $0.03 during the last trading session, reaching $16.65. About 496,186 shares traded. Northwest Bancshares, Inc. (NASDAQ:NWBI) has declined 1.51% since April 23, 2017 and is downtrending. It has underperformed by 13.06% the S&P500.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.02, from 1.25 in 2017Q3. It is positive, as 10 investors sold Kraton Corporation shares while 69 reduced holdings. 54 funds opened positions while 46 raised stakes. 28.49 million shares or 1.40% less from 28.89 million shares in 2017Q3 were reported. 269,348 were reported by Goldman Sachs Group. Weber Alan W has 10.69% invested in Kraton Corporation (NYSE:KRA) for 507,200 shares. Hancock Holding invested 0.42% in Kraton Corporation (NYSE:KRA). Rothschild Asset Mgmt reported 1.01 million shares or 0.51% of all its holdings. Us Bancorporation De invested in 2,957 shares. Parkside Savings Bank & accumulated 0% or 24 shares. Ubs Asset Americas Incorporated holds 18,451 shares or 0% of its portfolio. 4,485 are held by Delta Cap Ltd Com. First Wilshire Securities Management has invested 1.47% in Kraton Corporation (NYSE:KRA). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp owns 30,618 shares. Credit Suisse Ag owns 0% invested in Kraton Corporation (NYSE:KRA) for 32,620 shares. 10 are owned by Assetmark. Quantitative Inv Mngmt Limited Liability Corporation owns 45,400 shares or 0.03% of their US portfolio. Systematic Management L P invested in 0.01% or 7,355 shares. State Street owns 749,775 shares or 0% of their US portfolio.

Among 5 analysts covering Kraton Performance Polymers (NYSE:KRA), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Kraton Performance Polymers had 8 analyst reports since October 27, 2015 according to SRatingsIntel. The stock of Kraton Corporation (NYSE:KRA) earned “Buy” rating by SunTrust on Thursday, October 26. The stock has “Sell” rating by UBS on Wednesday, February 21. The firm has “Sell” rating by UBS given on Tuesday, October 27. UBS maintained Kraton Corporation (NYSE:KRA) rating on Wednesday, October 25. UBS has “Sell” rating and $30 target. As per Friday, September 1, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by SunTrust with “Buy” on Wednesday, October 11.

Since October 27, 2017, it had 0 buys, and 2 sales for $381,460 activity. 6,950 Kraton Corporation (NYSE:KRA) shares with value of $329,360 were sold by Simmons James Leo. Shares for $52,100 were sold by Fogarty Kevin Michael.

Kraton Corporation (NYSE:KRA) Institutional Positions Chart