As Ocwen Finl (OCN) Share Price Declined, Shareholder Akanthos Capital Management Has Decreased Position; Perkinelmer (PKI) Share Value Declined While Southeast Asset Advisors Has Cut Its Stake by $433,590

Ocwen Financial Corporation (NYSE:OCN) Logo

Southeast Asset Advisors Inc decreased its stake in Perkinelmer Inc (PKI) by 10.22% based on its latest 2018Q3 regulatory filing with the SEC. Southeast Asset Advisors Inc sold 4,470 shares as the company’s stock declined 12.75% with the market. The institutional investor held 39,256 shares of the capital goods company at the end of 2018Q3, valued at $3.82M, down from 43,726 at the end of the previous reported quarter. Southeast Asset Advisors Inc who had been investing in Perkinelmer Inc for a number of months, seems to be less bullish one the $9.06 billion market cap company. The stock decreased 2.50% or $2.09 during the last trading session, reaching $81.42. About 279,042 shares traded. PerkinElmer, Inc. (NYSE:PKI) has risen 18.37% since January 14, 2018 and is uptrending. It has outperformed by 18.37% the S&P500. Some Historical PKI News: 10/04/2018 – PerkinElmer Collaborates with Helix to Drive Innovation in Exome-Based Personal Genomics; 30/04/2018 – PERKINELMER 1Q REV. $644.0M, EST. $619.2M; 26/04/2018 – PerkinElmer Board Declares Quarterly Dividend; 23/05/2018 – PERKINELMER BUYS SHANGHAI SPECTRUM INSTRUMENTS CO.,; 10/04/2018 – PERKINELMER INC – ANDY WILSON WILL REMAIN WITH COMPANY AS AN ADVISOR FOR AN INTERIM PERIOD; 04/04/2018 – Moody’s Rates Perkinelmer’s Senior Unsecured Euro Notes Baa3; 27/04/2018 – FDA: PerkinElmer Life and Analytical Sciences, Wallac, OY- Specimen Gate Screening Center, Part Number 5002-0500, All software; 02/04/2018 – PERKINELMER INC PKI.N : MORGAN STANLEY RAISES TARGET PRICE TO $89 FROM $86; 20/03/2018 – BIRAC and PerkinElmer Sign Letter of Intent to Promote India-Led Startups and Innovations; 09/05/2018 – PerkinElmer Presenting at UBS Conference May 21

Akanthos Capital Management Llc decreased its stake in Ocwen Finl Corp (OCN) by 37.92% based on its latest 2018Q3 regulatory filing with the SEC. Akanthos Capital Management Llc sold 404,811 shares as the company’s stock declined 57.84% with the market. The hedge fund held 662,853 shares of the consumer services company at the end of 2018Q3, valued at $2.61 million, down from 1.07 million at the end of the previous reported quarter. Akanthos Capital Management Llc who had been investing in Ocwen Finl Corp for a number of months, seems to be less bullish one the $256.44 million market cap company. The stock increased 6.98% or $0.125 during the last trading session, reaching $1.915. About 769,609 shares traded. Ocwen Financial Corporation (NYSE:OCN) has declined 44.16% since January 14, 2018 and is downtrending. It has underperformed by 44.16% the S&P500. Some Historical OCN News: 19/04/2018 – OCWEN FINL NAMES GLEN MESSINA PRESIDENT & CEO; 09/04/2018 – OCWEN FINANCIAL – FOLLOWING THE $25 MLN PAY DOWN, CO HAS ABOUT $269.1 MLN OUTSTANDING UNDER ITS SENIOR SECURED TERM LOAN; 13/03/2018 – MOODY’S AFFIRMS ALTISOURCE’S B3 RATINGS, REVISES OUTLOOK TO POSITIVE; 03/05/2018 – Moody’s assigns definitive ratings to New Residential Mortgage Loan Trust 2018-2; 29/05/2018 – Ocwen: Resignation Is Not Due to Any Disagreement With Company; 02/04/2018 – Div Insur (MA): Division of Banks Announces Settlement over Deficient Loan Servicing Practices at Ocwen; 29/05/2018 – PHH CORP: HOLDER FILES SUIT IN NJ TO BLOCK OCWEN MERGER; 08/05/2018 – PHH CORP – ROVIDES UPDATE ON PROPOSED MERGER WITH OCWEN FINANCIAL CORPORATION; 21/04/2018 – DJ Ocwen Financial Corporation, Inst Holders, 1Q 2018 (OCN); 19/04/2018 – OCWEN FINANCIAL CORP – RON FARIS TO RETIRE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

More news for PerkinElmer, Inc. (NYSE:PKI) were recently published by: Seekingalpha.com, which released: “PerkinElmer appoints Prahlad Singh as President & COO – Seeking Alpha” on December 10, 2018. Seekingalpha.com‘s article titled: “PerkinElmer misses by $0.02, misses on revenue – Seeking Alpha” and published on October 31, 2018 is yet another important article.

Among 20 analysts covering PerkinElmer Inc (NYSE:PKI), 6 have Buy rating, 0 Sell and 14 Hold. Therefore 30% are positive. PerkinElmer Inc had 63 analyst reports since August 3, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, December 19 by Bank of America. The stock has “Neutral” rating by Mizuho on Friday, August 5. Mizuho maintained the stock with “Buy” rating in Friday, May 6 report. As per Friday, October 6, the company rating was maintained by Morgan Stanley. The company was maintained on Thursday, January 18 by Robert W. Baird. Stifel Nicolaus maintained it with “Buy” rating and $51 target in Friday, February 5 report. BTIG Research reinitiated PerkinElmer, Inc. (NYSE:PKI) on Friday, July 22 with “Neutral” rating. On Wednesday, August 26 the stock rating was initiated by Cantor Fitzgerald with “Buy”. As per Thursday, October 19, the company rating was maintained by Robert W. Baird. The firm has “Sell” rating given on Tuesday, December 8 by Goldman Sachs.

Since August 28, 2018, it had 0 insider buys, and 10 selling transactions for $17.19 million activity. $319,088 worth of PerkinElmer, Inc. (NYSE:PKI) was sold by Butters Deborah A.. The insider Witz Pascale sold $184,455. Shares for $454,750 were sold by MICHAS ALEXIS P. Tereau Daniel R had sold 3,308 shares worth $319,487. FRIEL ROBERT F sold 150,612 shares worth $14.62 million. Corbett James had sold 4,175 shares worth $393,870.

Southeast Asset Advisors Inc, which manages about $1.76 billion and $373.09M US Long portfolio, upped its stake in Live Nation Entertainment In (NYSE:LYV) by 20,310 shares to 38,860 shares, valued at $2.12 million in 2018Q3, according to the filing. It also increased its holding in Carlisle Cos Inc (NYSE:CSL) by 2,846 shares in the quarter, for a total of 9,124 shares, and has risen its stake in Vanguard Index Fds (VOO).

Investors sentiment increased to 0.94 in Q3 2018. Its up 0.04, from 0.9 in 2018Q2. It is positive, as 29 investors sold PKI shares while 117 reduced holdings. 65 funds opened positions while 72 raised stakes. 103.17 million shares or 1.81% less from 105.07 million shares in 2018Q2 were reported. Kistler accumulated 0% or 95 shares. Dimensional Fund Lp holds 0.03% or 707,287 shares in its portfolio. Moreover, National Bank & Trust Of Nova Scotia has 0.01% invested in PerkinElmer, Inc. (NYSE:PKI) for 22,615 shares. Sector Gamma As holds 5.62% of its portfolio in PerkinElmer, Inc. (NYSE:PKI) for 211,340 shares. Element Capital Mgmt Ltd Com reported 41,389 shares. Strs Ohio reported 5,576 shares or 0% of all its holdings. Primecap Management Ca reported 0.21% stake. Franklin Res Inc reported 4,100 shares. 21,450 are held by Acadian Asset Mngmt Limited Co. Bnp Paribas Arbitrage owns 26,669 shares. 4,983 are held by Contravisory Invest Mgmt Incorporated. Hudson Valley Invest Advisors Adv has 0.35% invested in PerkinElmer, Inc. (NYSE:PKI) for 15,737 shares. Robecosam Ag reported 0.85% in PerkinElmer, Inc. (NYSE:PKI). Eqis Management stated it has 5,293 shares or 0.03% of all its holdings. 19,515 were reported by Arcadia Invest Mngmt Mi.

Analysts await PerkinElmer, Inc. (NYSE:PKI) to report earnings on January, 24. They expect $1.16 EPS, up 19.59% or $0.19 from last year’s $0.97 per share. PKI’s profit will be $129.04M for 17.55 P/E if the $1.16 EPS becomes a reality. After $0.90 actual EPS reported by PerkinElmer, Inc. for the previous quarter, Wall Street now forecasts 28.89% EPS growth.

More notable recent Ocwen Financial Corporation (NYSE:OCN) news were published by: Seekingalpha.com which released: “Ocwen Financial gets all approvals (with conditions) to close PHH deal – Seeking Alpha” on September 28, 2018, also Globenewswire.com with their article: “Ocwen Financial Corporation Announces Senior Leadership Appointments – GlobeNewswire” published on November 26, 2018, Globenewswire.com published: “Ocwen Financial Corporation Schedules Conference Call – 2nd Quarter 2018 Results – GlobeNewswire” on July 19, 2018. More interesting news about Ocwen Financial Corporation (NYSE:OCN) were released by: Seekingalpha.com and their article: “Ocwen Financial dives 7.9% after big Q3 miss – Seeking Alpha” published on November 06, 2018 as well as Seekingalpha.com‘s news article titled: “Ocwen buying PHH Corp. for $360M; shares up 11% – Seeking Alpha” with publication date: February 27, 2018.

Since December 3, 2018, it had 0 insider buys, and 2 selling transactions for $3.20 million activity.

Investors sentiment decreased to 0.98 in 2018 Q3. Its down 0.78, from 1.76 in 2018Q2. It dived, as 17 investors sold OCN shares while 31 reduced holdings. 14 funds opened positions while 33 raised stakes. 61.55 million shares or 7.52% less from 66.56 million shares in 2018Q2 were reported. Amalgamated Savings Bank has 16,048 shares for 0% of their portfolio. Barclays Public Limited Company holds 0% or 167,555 shares in its portfolio. State Board Of Administration Of Florida Retirement System invested in 84,941 shares or 0% of the stock. Parallax Volatility Advisers LP reported 304,581 shares. Wells Fargo Com Mn has invested 0% of its portfolio in Ocwen Financial Corporation (NYSE:OCN). Prescott Grp Incorporated Capital Mgmt Ltd Limited Liability Company has invested 0.3% in Ocwen Financial Corporation (NYSE:OCN). Savings Bank Of Ny Mellon Corp reported 0% stake. 63,592 are owned by Credit Suisse Ag. State Street Corp invested in 2.21 million shares. Cubist Systematic Strategies Lc holds 0% or 15,632 shares. Millennium Limited Liability Com reported 0% in Ocwen Financial Corporation (NYSE:OCN). Corsair Lp has 0.02% invested in Ocwen Financial Corporation (NYSE:OCN) for 25,861 shares. Susquehanna Group Inc Limited Liability Partnership, a Pennsylvania-based fund reported 951,211 shares. Pnc Serv Group Inc Inc holds 57,132 shares or 0% of its portfolio. Moreover, Jpmorgan Chase Com has 0% invested in Ocwen Financial Corporation (NYSE:OCN).

Ocwen Financial Corporation (NYSE:OCN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.