Home / FINANCIAL NEWS / NewStar Financial (NEWS) EPS Estimated At $0.13; Country Trust Bank Lifted Halliburton Company Common (HAL) Position

NewStar Financial (NEWS) EPS Estimated At $0.13; Country Trust Bank Lifted Halliburton Company Common (HAL) Position

October 1, 2017 – By Ellis Scott

Country Trust Bank increased Halliburton Company Common (HAL) stake by 4.84% reported in 2017Q2 SEC filing. Country Trust Bank acquired 23,686 shares as Halliburton Company Common (HAL)’s stock declined 11.04%. The Country Trust Bank holds 513,045 shares with $21.91M value, up from 489,359 last quarter. Halliburton Company Common now has $40.12 billion valuation. The stock increased 0.44% or $0.2 on September 29, reaching $46.03. About 6.68 million shares traded. Halliburton Company (NYSE:HAL) has risen 19.03% since October 1, 2016 and is uptrending. It has outperformed by 2.33% the S&P500.

Analysts expect NewStar Financial Inc (NASDAQ:NEWS) to report $0.13 EPS on November, 1.They anticipate $0.06 EPS change or 31.58% from last quarter’s $0.19 EPS. NEWS’s profit would be $5.41M giving it 22.58 P/E if the $0.13 EPS is correct. After having $0.10 EPS previously, NewStar Financial Inc’s analysts see 30.00% EPS growth. The stock increased 1.12% or $0.13 on September 29, reaching $11.74. About 111,667 shares traded or 71.49% up from the average. NewStar Financial Inc (NASDAQ:NEWS) has risen 28.00% since October 1, 2016 and is uptrending. It has outperformed by 11.30% the S&P500.

Investors sentiment increased to 1.63 in 2017 Q2. Its up 0.31, from 1.32 in 2017Q1. It improved, as 8 investors sold NewStar Financial Inc shares while 16 reduced holdings. 8 funds opened positions while 31 raised stakes. 28.42 million shares or 1.22% more from 28.08 million shares in 2017Q1 were reported. Manufacturers Life Ins Company The holds 27,252 shares or 0% of its portfolio. Oaktop Capital Mngmt Ii Limited Partnership has invested 4.34% in NewStar Financial Inc (NASDAQ:NEWS). Bnp Paribas Arbitrage Sa has invested 0% in NewStar Financial Inc (NASDAQ:NEWS). Goldman Sachs Group Incorporated Inc reported 22,133 shares stake. Voya Inv Management Ltd holds 0% or 15,293 shares. Los Angeles Mngmt & Equity has invested 0% in NewStar Financial Inc (NASDAQ:NEWS). State Board Of Administration Of Florida Retirement Systems holds 0% or 21,265 shares in its portfolio. Metropolitan Life Insurance Co Ny reported 0% of its portfolio in NewStar Financial Inc (NASDAQ:NEWS). California Public Employees Retirement System holds 0% or 95,800 shares. Kestrel Invest Management Corp stated it has 280,925 shares. Jpmorgan Chase And, a New York-based fund reported 16,820 shares. 73,300 are held by Spark Inv Management Limited Liability Co. Alliancebernstein L P, New York-based fund reported 32,700 shares. Nationwide Fund Advisors accumulated 26,067 shares. Sei Invs invested in 1,299 shares or 0% of the stock.

Among 3 analysts covering Newstar Financial Inc (NASDAQ:NEWS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Newstar Financial Inc had 6 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Wood on Tuesday, October 6. As per Wednesday, August 2, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Wood with “Market Perform” on Monday, April 4.

NewStar Financial, Inc. is a commercial finance company. The company has market cap of $488.47 million. The Firm operates through two divisions: Commercial Lending and Asset Management. It has a 21.43 P/E ratio. The Commercial Lending segment represents its direct lending activities, which are focused on providing a range of flexible senior secured debt options to mid-sized companies.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.14, from 1.08 in 2017Q1. It fall, as 96 investors sold HAL shares while 307 reduced holdings. 77 funds opened positions while 301 raised stakes. 681.00 million shares or 0.74% more from 675.98 million shares in 2017Q1 were reported. Cullen Management Llc accumulated 16,050 shares. Pictet North America Advsr has 25,147 shares for 0.18% of their portfolio. Cambridge Invest Research has invested 0.04% in Halliburton Company (NYSE:HAL). Nippon Life Global Americas Inc invested in 211,280 shares. Bank invested in 0.05% or 3,358 shares. Gulf Int Bancshares (Uk) Limited owns 268,113 shares. Washington Trust Comml Bank invested 0.33% of its portfolio in Halliburton Company (NYSE:HAL). Wunderlich Cap Managemnt has invested 0.3% in Halliburton Company (NYSE:HAL). Arrow Fin Corp has invested 0.03% in Halliburton Company (NYSE:HAL). Intact Inv Mngmt holds 0.02% or 11,800 shares in its portfolio. 6,000 are held by Fire Inc. Millennium Limited Com has 1.39M shares for 0.11% of their portfolio. Ironsides Asset Advisors Limited Liability stated it has 6,350 shares or 0.12% of all its holdings. Edge Wealth Mngmt Ltd Liability Com has invested 0% of its portfolio in Halliburton Company (NYSE:HAL). Van Den Berg Management I holds 1.3% of its portfolio in Halliburton Company (NYSE:HAL) for 246,095 shares.

Since April 5, 2017, it had 1 buy, and 1 insider sale for $334,155 activity. Miller Jeffrey Allen had sold 725 shares worth $36,453 on Wednesday, April 5. $370,608 worth of stock was bought by Albrecht William E on Monday, May 15.

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By Ellis Scott

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