Paramount Group, Inc. (PGRE) At $14.41 Forms Bottom; Calix (CALX) Has 1.03 Sentiment

May 18, 2018 - By Hilary Hom

Calix, Inc. (NYSE:CALX) Logo

Calix Inc (CALX) investors sentiment decreased to 1.03 in Q4 2017. It’s down -0.10, from 1.13 in 2017Q3. The ratio fall, as 39 hedge funds opened new or increased holdings, while 38 sold and decreased holdings in Calix Inc. The hedge funds in our database now possess: 28.54 million shares, down from 30.17 million shares in 2017Q3. Also, the number of hedge funds holding Calix Inc in top ten holdings increased from 1 to 2 for an increase of 1. Sold All: 14 Reduced: 24 Increased: 23 New Position: 16.

Paramount Group, Inc. (PGRE) formed multiple bottom with $13.40 target or 7.00% below today’s $14.41 share price. Paramount Group, Inc. (PGRE) has $3.83B valuation. The stock decreased 0.41% or $0.06 during the last trading session, reaching $14.41. About 614,892 shares traded. Paramount Group, Inc. (NYSE:PGRE) has declined 12.23% since May 18, 2017 and is downtrending. It has underperformed by 23.78% the S&P500.

Among 10 analysts covering Paramount Group (NYSE:PGRE), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Paramount Group has $22 highest and $1500 lowest target. $18.57’s average target is 28.87% above currents $14.41 stock price. Paramount Group had 21 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Mizuho to “Underperform” on Monday, July 10. The firm has “Hold” rating by Mizuho given on Monday, May 7. The firm has “Neutral” rating by BTIG Research given on Thursday, August 25. On Tuesday, June 13 the stock rating was downgraded by Morgan Stanley to “Underweight”. The company was maintained on Monday, November 7 by Mizuho. The stock of Paramount Group, Inc. (NYSE:PGRE) earned “In-Line” rating by Evercore on Monday, March 5. The stock has “Neutral” rating by Bank of America on Tuesday, March 29. The firm has “Hold” rating by Evercore given on Monday, August 10. As per Tuesday, September 8, the company rating was maintained by Evercore. The firm has “Outperform” rating by Wells Fargo given on Tuesday, December 13.

Analysts await Paramount Group, Inc. (NYSE:PGRE) to report earnings on August, 2. They expect $0.23 EPS, 0.00% or $0.00 from last year’s $0.23 per share. PGRE’s profit will be $61.13M for 15.66 P/E if the $0.23 EPS becomes a reality. After $0.23 actual EPS reported by Paramount Group, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Calix, Inc., together with its subsidiaries, develops, markets, and sells broadband communications access platforms, systems, and software for fiber- and copper network architectures that enable communications service providers to transform networks and connect to residential and business subscribers. The company has market cap of $340.42 million. The firm develops and sells carrier-class hardware and cloud products to enhance and transform CSP access networks to meet the demands of subscribers. It currently has negative earnings. The Company’s portfolio consists of three core systems and/or nodes: E-Series access systems and nodes, B6 access nodes, and the C7 multiservice, multiprotocol access system.

More news for Calix, Inc. (NYSE:CALX) were recently published by: Globenewswire.com, which released: “Calix Releases First Quarter 2018 Financial Results” on May 08, 2018. Investingnews.com‘s article titled: “Calix Delivers on the Promise of Business Transformation, Launching AXOS with SMx on North America’s Most Widely …” and published on May 16, 2018 is yet another important article.

It closed at $6.55 lastly. It is up 6.25% since May 18, 2017 and is downtrending. It has underperformed by 17.80% the S&P500.

Analysts await Calix, Inc. (NYSE:CALX) to report earnings on August, 14. They expect $-0.07 earnings per share, up 80.56% or $0.29 from last year’s $-0.36 per share. After $-0.25 actual earnings per share reported by Calix, Inc. for the previous quarter, Wall Street now forecasts -72.00% EPS growth.

Nokomis Capital L.L.C. holds 5.5% of its portfolio in Calix, Inc. for 4.09 million shares. Lapides Asset Management Llc owns 2.97 million shares or 3.84% of their US portfolio. Moreover, Horrell Capital Management Inc. has 2.7% invested in the company for 866,300 shares. The Illinois-based Trigran Investments Inc. has invested 0.64% in the stock. Menta Capital Llc, a California-based fund reported 154,850 shares.

Calix, Inc. (NYSE:CALX) Institutional Positions Chart

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