Universal (UVV) At $47.75 Forms Bottom; Steelcase (SCS) Has 1.18 Sentiment

May 17, 2018 - By John Hoffman

Steelcase Inc. (NYSE:SCS) Logo

Steelcase Inc (SCS) investors sentiment decreased to 1.18 in 2017 Q4. It’s down -0.14, from 1.32 in 2017Q3. The ratio dropped, as 90 institutional investors increased or started new stock positions, while 76 cut down and sold their stock positions in Steelcase Inc. The institutional investors in our database now hold: 70.66 million shares, up from 70.58 million shares in 2017Q3. Also, the number of institutional investors holding Steelcase Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 23 Reduced: 53 Increased: 56 New Position: 34.

Universal Corporation (UVV) formed multiple bottom with $45.36 target or 5.00% below today’s $47.75 share price. Universal Corporation (UVV) has $1.20 billion valuation. The stock decreased 0.21% or $0.1 during the last trading session, reaching $47.75. About 38,521 shares traded. Universal Corporation (NYSE:UVV) has declined 34.21% since May 17, 2017 and is downtrending. It has underperformed by 45.76% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It turned negative, as 20 investors sold Universal Corporation shares while 62 reduced holdings. 23 funds opened positions while 47 raised stakes. 20.21 million shares or 5.90% less from 21.48 million shares in 2017Q3 were reported. Moreover, Brandywine Company has 0.66% invested in Universal Corporation (NYSE:UVV) for 14,907 shares. Ahl Prns Llp has invested 0.15% in Universal Corporation (NYSE:UVV). Dimensional Fund Lp has 0.05% invested in Universal Corporation (NYSE:UVV) for 2.13M shares. Regions has invested 0% in Universal Corporation (NYSE:UVV). Qs Invsts Limited Liability Corp has invested 0% in Universal Corporation (NYSE:UVV). Thrivent For Lutherans accumulated 15,853 shares. Great West Life Assurance Com Can holds 0% or 33,283 shares. Wells Fargo & Company Mn reported 0% in Universal Corporation (NYSE:UVV). Lowe Brockenbrough & owns 5,170 shares for 0.04% of their portfolio. Northern Tru Corporation has invested 0.01% in Universal Corporation (NYSE:UVV). Paloma Prtn Management Com has invested 0% in Universal Corporation (NYSE:UVV). Swiss Financial Bank holds 0% or 42,100 shares. Comerica Bancshares owns 74,669 shares. Benedict Financial Advsr has invested 0.46% in Universal Corporation (NYSE:UVV). Ubs Asset Mngmt Americas stated it has 18,229 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $453,842 activity.

Another recent and important Steelcase Inc. (NYSE:SCS) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Sonic Automotive, STERIS plc, AquaVenture …” on May 03, 2018.

The stock increased 1.06% or $0.15 during the last trading session, reaching $14.35. About 312,528 shares traded. Steelcase Inc. (SCS) has declined 19.53% since May 17, 2017 and is downtrending. It has underperformed by 31.08% the S&P500.

Spitfire Capital Llc holds 2.61% of its portfolio in Steelcase Inc. for 387,741 shares. Walthausen & Co. Llc owns 1.14 million shares or 1.64% of their US portfolio. Moreover, Tieton Capital Management Llc has 1.49% invested in the company for 114,160 shares. The New Jersey-based Seabridge Investment Advisors Llc has invested 1.27% in the stock. Cooke & Bieler Lp, a Pennsylvania-based fund reported 4.26 million shares.

Analysts await Steelcase Inc. (NYSE:SCS) to report earnings on June, 20. They expect $0.15 EPS, 0.00% or $0.00 from last year’s $0.15 per share. SCS’s profit will be $17.50 million for 23.92 P/E if the $0.15 EPS becomes a reality. After $0.24 actual EPS reported by Steelcase Inc. for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

Universal Corporation (NYSE:UVV) Institutional Positions Chart