LPL Financial Holdings Inc. (LPLA) Forms $69.87 Double Top; Celanese Celanese Series A (CE) Shorts Down By 27.17%

June 13, 2018 - By Danny Collins

LPL Financial Holdings Inc. (NASDAQ:LPLA) Logo

Celanese Corporation Celanese Corporation Series A (NYSE:CE) had a decrease of 27.17% in short interest. CE’s SI was 954,400 shares in June as released by FINRA. Its down 27.17% from 1.31M shares previously. With 1.09 million avg volume, 1 days are for Celanese Corporation Celanese Corporation Series A (NYSE:CE)’s short sellers to cover CE’s short positions. The SI to Celanese Corporation Celanese Corporation Series A’s float is 0.71%. The stock increased 0.15% or $0.17 during the last trading session, reaching $116.2. About 355,896 shares traded. Celanese Corporation (NYSE:CE) has risen 31.06% since June 13, 2017 and is uptrending. It has outperformed by 18.49% the S&P500. Some Historical CE News: ; 23/04/2018 – Celanese to Demonstrate the Art of Material Selection at Chinaplas 2018, Asia’s Largest Plastics Trade Show; 23/04/2018 – Celanese to Demonstrate the Art of Material Selection at Chinaplas 2018, Asia’s Largest Plastics Trade Show; 30/04/2018 – Celanese Announces GUR® Capacity Expansion at its Nanjing, China Engineered Materials Manufacturing Facility; 03/05/2018 – Celanese Announces Acetyl lntermediates Price Increases; 19/03/2018 – Celanese Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – Asia-Pacific Thermally Conductive Plastic Market Analysis & Forecast to 2025 With Covestro AG, Kaneka Corporation, SABIC & Celanese Corporation Leading The Market – ResearchAndMarkets.com; 26/03/2018 – Celanese Announces Charges on Engineered Materials Product Shipments; 01/05/2018 – CELANESE EXPECTS ADJ EPS ABOUT $11.00 BY 2020; 19/03/2018 – CELANESE STATEMENT ON WITHDRAWAL OF EC NOTIFICATION; 16/04/2018 – Celanese 1Q EPS $2.66

LPL Financial Holdings Inc. (LPLA) formed double top with $71.97 target or 3.00% above today’s $69.87 share price. LPL Financial Holdings Inc. (LPLA) has $6.30B valuation. The stock decreased 0.81% or $0.57 during the last trading session, reaching $69.87. About 252,675 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 79.45% since June 13, 2017 and is uptrending. It has outperformed by 66.88% the S&P500. Some Historical LPLA News: ; 22/05/2018 – LPL FINANCIAL – TOTAL BROKERAGE & ADVISORY ASSETS SERVED AT END OF APRIL WERE ABOUT $652 BLN, A 0.7 PCT INCREASE COMPARED TO END OF MARCH 2018; 14/03/2018 – Peoples Bancorp: Keith Hamilton Joins Peoples Investments as LPL Financial Advisor; 15/03/2018 – Targeting Growth, Three LPL Affiliates Merge — Barrons.com; 24/05/2018 – LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference; 30/04/2018 – CIBC Global Adds LPL Financial, Exits BHP: 13F; 22/03/2018 – LPL FINL FEB. TOTAL NET NEW ASSETS $1.6B; 18/04/2018 – LPL Financial Chief Acknowledges Problems — Barrons.com; 28/03/2018 – Barron’s Recognizes Wayne von Borstel As A Leading National Advisor For 2018; 08/05/2018 – Infinity Announces Presentations On lPl-549 At Upcoming American Society of Clinical Oncology Annual Meeting; 22/05/2018 – LPL FINANCIAL APRIL TOTAL NET NEW ASSETS $2.1B

Among 19 analysts covering Celanese (NYSE:CE), 14 have Buy rating, 1 Sell and 4 Hold. Therefore 74% are positive. Celanese had 79 analyst reports since September 1, 2015 according to SRatingsIntel. UBS upgraded Celanese Corporation (NYSE:CE) on Thursday, May 17 to “Buy” rating. UBS maintained Celanese Corporation (NYSE:CE) rating on Tuesday, October 17. UBS has “Neutral” rating and $107 target. The stock of Celanese Corporation (NYSE:CE) has “Outperform” rating given on Friday, April 29 by Cowen & Co. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, January 29 report. The stock of Celanese Corporation (NYSE:CE) earned “Buy” rating by RBC Capital Markets on Monday, October 9. On Tuesday, January 5 the stock rating was upgraded by Citigroup to “Buy”. The rating was maintained by Robert W. Baird on Tuesday, March 20 with “Buy”. The rating was maintained by Cowen & Co on Tuesday, September 5 with “Buy”. On Wednesday, October 19 the stock rating was maintained by Nomura with “Neutral”. The firm earned “Neutral” rating on Tuesday, October 10 by Nomura.

More news for Celanese Corporation (NYSE:CE) were recently published by: Globenewswire.com, which released: “New Research: Key Drivers of Growth for Global Payments, Patterson-UTI Energy, Celanese, Westlake Chemical, Las …” on June 12, 2018. Businesswire.com‘s article titled: “Celanese Initiates Comprehensive Cost Assessment of Logistics Policies and Services for All Products” and published on June 08, 2018 is yet another important article.

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.79 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 19.06 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

Investors sentiment decreased to 0.85 in Q1 2018. Its down 0.20, from 1.05 in 2017Q4. It worsened, as 38 investors sold Celanese Corporation shares while 158 reduced holdings. 53 funds opened positions while 114 raised stakes. 122.66 million shares or 1.97% less from 125.13 million shares in 2017Q4 were reported. Lyrical Asset L P stated it has 4.05% in Celanese Corporation (NYSE:CE). Jfs Wealth Advsrs Limited invested in 0% or 140 shares. At National Bank reported 4,954 shares. Lpl Ltd reported 16,385 shares stake. Alliancebernstein Ltd Partnership holds 92,717 shares. Bridgewater Assoc Lp owns 22,564 shares for 0.02% of their portfolio. Synovus Financial invested 0% of its portfolio in Celanese Corporation (NYSE:CE). Auxier Asset Mngmt accumulated 30,175 shares. Moreover, Eaton Vance Mngmt has 0% invested in Celanese Corporation (NYSE:CE) for 15,343 shares. Cwm Ltd Com holds 0% of its portfolio in Celanese Corporation (NYSE:CE) for 568 shares. State Of Wisconsin Investment Board reported 242,205 shares. Berkshire Asset Mngmt Pa holds 0.14% or 14,640 shares in its portfolio. Macquarie Gru Limited has invested 0.03% in Celanese Corporation (NYSE:CE). 28,194 are held by Mirae Asset Glob Investments Communication Limited. Toronto Dominion Retail Bank holds 0% or 9,285 shares in its portfolio.

Since February 5, 2018, it had 0 insider purchases, and 15 insider sales for $93.93 million activity. $151,395 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) was sold by Kalbaugh John Andrew on Wednesday, March 7. On Tuesday, March 13 the insider White George Burton sold $1.64M. 20,000 shares were sold by Morrissey William P. Jr., worth $1.25 million. Oroschakoff Michelle had sold 6,050 shares worth $420,959 on Friday, May 11. Hellman Marco sold $718,476 worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) on Wednesday, February 28. Arnold Dan H. sold 4,004 shares worth $261,061. 7,388 LPL Financial Holdings Inc. (NASDAQ:LPLA) shares with value of $476,822 were sold by Calder Tracy.

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on July, 26. They expect $1.22 earnings per share, up 64.86% or $0.48 from last year’s $0.74 per share. LPLA’s profit will be $110.06M for 14.32 P/E if the $1.22 EPS becomes a reality. After $1.01 actual earnings per share reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts 20.79% EPS growth.

Among 11 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. LPL Financial Holdings has $9200 highest and $21 lowest target. $71.18’s average target is 1.87% above currents $69.87 stock price. LPL Financial Holdings had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Friday, February 2 by SunTrust. Credit Suisse maintained the shares of LPLA in report on Tuesday, May 8 with “Buy” rating. The company was maintained on Monday, November 2 by JP Morgan. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, February 26. The firm has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. On Wednesday, August 16 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. On Thursday, February 1 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock has “Neutral” rating by Citigroup on Friday, August 14. On Monday, February 5 the stock rating was maintained by Credit Suisse with “Buy”. JP Morgan maintained the stock with “Neutral” rating in Monday, October 30 report.

Investors sentiment increased to 1.35 in 2018 Q1. Its up 0.33, from 1.02 in 2017Q4. It increased, as 11 investors sold LPL Financial Holdings Inc. shares while 85 reduced holdings. 56 funds opened positions while 74 raised stakes. 79.75 million shares or 1.79% less from 81.20 million shares in 2017Q4 were reported. State Of Wisconsin Invest Board reported 0% stake. Amalgamated Natl Bank reported 0.03% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). Three Corner Global Limited Partnership holds 9.32% or 471,093 shares in its portfolio. 9,014 are held by Raymond James Trust Na. Guggenheim Capital Ltd Liability reported 31,681 shares or 0% of all its holdings. Hanseatic accumulated 8,577 shares. Bancorp Of The West owns 13,000 shares for 0.1% of their portfolio. Moreover, Great West Life Assurance Can has 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 8,788 shares. State Of Alaska Department Of Revenue accumulated 8,120 shares or 0.01% of the stock. 129,033 were accumulated by Ubs Asset Mgmt Americas Inc. 46,812 are owned by Bancshares Of Montreal Can. Beaconlight Cap Ltd Limited Liability Company holds 5.94% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 259,440 shares. Verition Fund Mngmt Limited Liability reported 0.04% in LPL Financial Holdings Inc. (NASDAQ:LPLA). First Mercantile Commerce reported 0.12% stake. Paloma Partners Mngmt Communications accumulated 5,432 shares.

Celanese Corporation (NYSE:CE) Institutional Positions Chart