Collectors Universe Inc. (CLCT) At $16.50 Forms Bottom; Luminus Management Has Trimmed By $4.34 Million Its Dover (DOV) Stake

April 9, 2018 - By Annabelle Johnson

Dover Corporation (NYSE:DOV) Logo

Collectors Universe Inc. (CLCT) formed multiple bottom with $15.02 target or 9.00% below today’s $16.50 share price. Collectors Universe Inc. (CLCT) has $148.77 million valuation. The stock increased 0.98% or $0.16 during the last trading session, reaching $16.5. About 43,207 shares traded. Collectors Universe Inc. (NASDAQ:CLCT) has declined 38.79% since April 9, 2017 and is downtrending. It has underperformed by 50.34% the S&P500.

Luminus Management Llc decreased Dover Corp (DOV) stake by 42.52% reported in 2017Q4 SEC filing. Luminus Management Llc sold 43,424 shares as Dover Corp (DOV)’s stock declined 2.34%. The Luminus Management Llc holds 58,700 shares with $5.93 million value, down from 102,124 last quarter. Dover Corp now has $14.41 billion valuation. The stock decreased 4.61% or $4.5 during the last trading session, reaching $93.19. About 1.80 million shares traded or 27.47% up from the average. Dover Corporation (NYSE:DOV) has risen 25.93% since April 9, 2017 and is uptrending. It has outperformed by 14.38% the S&P500.

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 96 analyst reports since July 22, 2015 according to SRatingsIntel. As per Monday, March 7, the company rating was maintained by Nomura. Bernstein downgraded the stock to “Mkt Perform” rating in Friday, January 15 report. The firm has “Buy” rating given on Tuesday, January 30 by Robert W. Baird. The firm earned “Buy” rating on Thursday, August 24 by Robert W. Baird. The firm has “Hold” rating given on Tuesday, January 30 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, June 10 by Bernstein. Susquehanna maintained Dover Corporation (NYSE:DOV) rating on Wednesday, January 31. Susquehanna has “Hold” rating and $107.0 target. As per Thursday, July 20, the company rating was maintained by Oppenheimer. The company was initiated on Tuesday, November 3 by SunTrust. The stock of Dover Corporation (NYSE:DOV) earned “Neutral” rating by Citigroup on Wednesday, June 8.

Since October 23, 2017, it had 1 insider buy, and 8 selling transactions for $7.26 million activity. $93,382 worth of Dover Corporation (NYSE:DOV) shares were sold by Kosinski Anthony K. Spurgeon William sold $624,203 worth of Dover Corporation (NYSE:DOV) on Thursday, October 26. 4,400 shares were sold by Goldberg Paul, worth $419,100 on Thursday, October 26. The insider STUBBS MICHAEL B sold $818,048. $61,908 worth of stock was bought by Burns Patrick on Friday, March 2. Somasundaram Sivasankaran had sold 5,000 shares worth $511,965 on Friday, March 9.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.05, from 1.04 in 2017Q3. It turned negative, as 39 investors sold DOV shares while 192 reduced holdings. 71 funds opened positions while 157 raised stakes. 132.15 million shares or 1.50% more from 130.20 million shares in 2017Q3 were reported. Ivory Invest holds 2.9% in Dover Corporation (NYSE:DOV) or 502,842 shares. Amalgamated National Bank holds 19,597 shares. Ellington Gp Ltd Llc holds 0.08% or 4,700 shares. Moreover, Genesee Valley Tru has 0.11% invested in Dover Corporation (NYSE:DOV). Bp Public Limited Co holds 0.06% or 18,000 shares. Inverness Counsel Ltd Llc Ny owns 848,965 shares. 1,500 are owned by Washington National Bank. Stock Yards Bancorporation And invested in 2,847 shares or 0.03% of the stock. Wolverine Asset Mngmt Ltd Llc has invested 0.03% of its portfolio in Dover Corporation (NYSE:DOV). Columbia Partners L L C Invest has invested 0.18% in Dover Corporation (NYSE:DOV). Endurance Wealth stated it has 0.09% of its portfolio in Dover Corporation (NYSE:DOV). Dixon Hubard Feinour Brown Va holds 2,493 shares or 0.07% of its portfolio. Rmb Cap Mngmt Limited Liability Com reported 2,714 shares. Utah Retirement reported 28,714 shares or 0.06% of all its holdings. Johnson Fincl Inc has 2,156 shares for 0.03% of their portfolio.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on April, 19. They expect $1.16 earnings per share, up 65.71% or $0.46 from last year’s $0.7 per share. DOV’s profit will be $179.31 million for 20.08 P/E if the $1.16 EPS becomes a reality. After $1.13 actual earnings per share reported by Dover Corporation for the previous quarter, Wall Street now forecasts 2.65% EPS growth.

Luminus Management Llc increased Callon Pete Co Del (NYSE:CPE) stake by 2.33M shares to 4.89 million valued at $59.36M in 2017Q4. It also upped Parsley Energy Inc (NYSE:PE) stake by 478,800 shares and now owns 900,000 shares. Quanta Svcs Inc (NYSE:PWR) was raised too.

Investors sentiment increased to 1.82 in Q4 2017. Its up 0.32, from 1.5 in 2017Q3. It improved, as 5 investors sold Collectors Universe Inc. shares while 17 reduced holdings. 19 funds opened positions while 21 raised stakes. 3.93 million shares or 0.28% more from 3.92 million shares in 2017Q3 were reported. First Advsr Limited Partnership reported 0% in Collectors Universe Inc. (NASDAQ:CLCT). The Ohio-based Opus Grp Inc Limited Com has invested 0.06% in Collectors Universe Inc. (NASDAQ:CLCT). The California-based California Employees Retirement System has invested 0% in Collectors Universe Inc. (NASDAQ:CLCT). Meeder Asset Mgmt Inc holds 0% of its portfolio in Collectors Universe Inc. (NASDAQ:CLCT) for 237 shares. Invesco Ltd reported 15,547 shares. Royal Financial Bank Of Canada accumulated 1,181 shares. Morgan Stanley accumulated 93,989 shares. Goldman Sachs Grp has 0% invested in Collectors Universe Inc. (NASDAQ:CLCT). Jpmorgan Chase And has 0% invested in Collectors Universe Inc. (NASDAQ:CLCT). Ftb Advsr owns 300 shares. Gsa Capital Partners Llp reported 14,607 shares stake. Geode Mngmt Ltd Llc has 0% invested in Collectors Universe Inc. (NASDAQ:CLCT). Cadence Capital Mgmt Lc has 27,292 shares. Guggenheim Cap Lc has 0% invested in Collectors Universe Inc. (NASDAQ:CLCT) for 25,221 shares. Amer Group reported 5,046 shares stake.

Collectors Universe Inc. (NASDAQ:CLCT) Institutional Positions Chart