Clifford Swan Investment Counsel Lowered Gap Del (GPS) Holding By $806,310; 9 Analysts Are Bullish Abraxas Petroleum (AXAS) Last Week

June 14, 2018 - By Hilary Hom

The Gap, Inc. (NYSE:GPS) Logo

Among 11 analysts covering Abraxas Petroleum (NASDAQ:AXAS), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Abraxas Petroleum had 39 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 7 by Canaccord Genuity. The rating was maintained by Canaccord Genuity on Wednesday, January 24 with “Buy”. The firm has “Hold” rating by Robert W. Baird given on Wednesday, September 20. The rating was initiated by Robert W. Baird with “Buy” on Tuesday, December 19. The firm earned “Buy” rating on Wednesday, May 9 by Stifel Nicolaus. As per Monday, January 8, the company rating was maintained by Canaccord Genuity. Stifel Nicolaus maintained it with “Buy” rating and $3.1 target in Monday, January 29 report. The rating was initiated by Rodman & Renshaw with “Buy” on Friday, October 21. The rating was maintained by Stifel Nicolaus on Wednesday, March 14 with “Buy”. Stifel Nicolaus maintained the shares of AXAS in report on Thursday, October 5 with “Buy” rating. See Abraxas Petroleum Corporation (NASDAQ:AXAS) latest ratings:

09/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $4.8 New Target: $4.7 Maintain
08/05/2018 Broker: Canaccord Genuity Rating: Buy New Target: $3.5000 Maintain
23/04/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $4.8000 Maintain
13/03/2018 Broker: Canaccord Genuity Rating: Buy New Target: $3.5 Maintain
14/03/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $3.2 New Target: $3.7 Maintain
04/02/2018 Broker: Canaccord Genuity Rating: Buy New Target: $3.5 Maintain
31/01/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $3.1 New Target: $3.3 Maintain
29/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $3.1 Maintain
24/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $3.0 Maintain
08/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $3.0 Maintain

Clifford Swan Investment Counsel Llc decreased Gap Inc. Del (GPS) stake by 26.3% reported in 2018Q1 SEC filing. Clifford Swan Investment Counsel Llc sold 26,010 shares as Gap Inc. Del (GPS)’s stock declined 12.39%. The Clifford Swan Investment Counsel Llc holds 72,895 shares with $2.27 million value, down from 98,905 last quarter. Gap Inc. Del now has $12.20B valuation. The stock decreased 2.30% or $0.74 during the last trading session, reaching $31.49. About 3.60M shares traded. The Gap, Inc. (NYSE:GPS) has risen 27.84% since June 14, 2017 and is uptrending. It has outperformed by 15.27% the S&P500. Some Historical GPS News: ; 03/04/2018 – Rauxa Named Loyalty Marketing AOR for Alaska Airlines; 15/05/2018 – Gap Closes Above 50-Day Moving Average: Technicals; 22/03/2018 – GAP SAYS CHIEF ACCOUNTING OFFICER DARA BAZZANO NOTIFIED HER INTENTION TO RESIGN – SEC FILING; 17/03/2018 – The Gap Comes Back Into Style — Barron’s; 08/03/2018 – Old Navy “Flower Empowers” NYC’s Historical Female Statues In Celebration Of International Women’s Day; 11/04/2018 – “Mad Money” host Jim Cramer sits down with The Gap Inc. President and CEO Art Peck after earnings for a glimpse at Gap’s role in apparel retail; 24/05/2018 – GAP INC – CONTINUES TO EXPECT COMPARABLE SALES FOR FISCAL YEAR 2018 TO BE FLAT TO UP SLIGHTLY; 22/03/2018 – GradeMaster Partners with SmartEdTech to Help Teachers Bridge the Gap between Assessment Data and Instruction; 16/03/2018 – New Industrial Revolution: The Gap Between Value of Capital and Value of Jobs Widens – ResearchAndMarkets.com; 24/05/2018 – Gap Inc 1Q EPS 42c

More news for Abraxas Petroleum Corporation (NASDAQ:AXAS) were recently published by: Streetinsider.com, which released: “Abraxas Petroleum (AXAS) CFO King Resigns” on June 07, 2018. Businesswire.com‘s article titled: “Abraxas Announces Resignation of Chief Financial Officer” and published on June 07, 2018 is yet another important article.

The stock decreased 2.19% or $0.055 during the last trading session, reaching $2.455. About 560,671 shares traded. Abraxas Petroleum Corporation (NASDAQ:AXAS) has risen 36.46% since June 14, 2017 and is uptrending. It has outperformed by 23.89% the S&P500. Some Historical AXAS News: ; 05/04/2018 – Abraxas Petroleum Closes Above 50-Day Moving Average; 08/05/2018 – Abraxas Petroleum 1Q EPS 6c; 02/04/2018 – ABRAXAS CITES SPRING BORROWING BASE REDETERMINATION; 02/04/2018 – Abraxas Petroleum Presenting at IPAA Oil & Gas Conference Apr 9; 09/05/2018 – ABRAXAS PETROLEUM CORP AXAS.O : EURO PACIFIC CAPITAL RAISES TARGET PRICE TO $4 FROM $3.25; 13/03/2018 Abraxas Announces 2017 Results; 25/05/2018 – Abraxas Petroleum Closes Below 50-Day Moving Average; 02/04/2018 – ABRAXAS BORROWING BASE UNDER REVOLVER BOOSTED TO $175M; 20/04/2018 – DJ Abraxas Petroleum Corporation, Inst Holders, 1Q 2018 (AXAS); 13/03/2018 – ABRAXAS PETROLEUM CORP – “GOALS FOR 2018 REMAIN LARGELY UNCHANGED”

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of gas and oil properties in the United States. The company has market cap of $405.41 million. The firm operates gas and oil assets in the Permian/Delaware Basin, the Rocky Mountain, and South Texas regions. It has a 24.8 P/E ratio. As of December 31, 2016, its estimated net proved reserves were 44.7 million barrels of oil equivalent.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.39, from 1.25 in 2017Q4. It is negative, as 16 investors sold Abraxas Petroleum Corporation shares while 49 reduced holdings. 18 funds opened positions while 38 raised stakes. 83.38 million shares or 2.45% more from 81.39 million shares in 2017Q4 were reported. Group holds 98,066 shares. Sei Invests Co invested in 212 shares. Two Sigma holds 11,606 shares. Nuveen Asset Management Ltd Llc reported 0.01% in Abraxas Petroleum Corporation (NASDAQ:AXAS). Vantage Invest Advsr Limited Liability Co reported 1,500 shares or 0% of all its holdings. Van Eck Assocs Corp reported 657,700 shares stake. Ameritas Partners Inc invested in 0% or 12,335 shares. 13,962 were accumulated by Cubist Systematic Strategies Limited Liability Corp. Thrivent For Lutherans stated it has 648,178 shares or 0% of all its holdings. Mangrove Prtnrs reported 3.48 million shares. Phoenix Invest Adviser Ltd Liability reported 0.09% stake. Vanguard Group invested 0% of its portfolio in Abraxas Petroleum Corporation (NASDAQ:AXAS). Blb&B Advisors Ltd Com invested in 0.49% or 1.65 million shares. Jpmorgan Chase & reported 0% in Abraxas Petroleum Corporation (NASDAQ:AXAS). State Common Retirement Fund stated it has 0% in Abraxas Petroleum Corporation (NASDAQ:AXAS).

Since April 4, 2018, it had 7 insider buys, and 0 insider sales for $94,183 activity. 4,302 shares were bought by Bommer Peter A., worth $9,464. Another trade for 4,308 shares valued at $9,478 was bought by Schwartz Dirk A. 7,149 shares valued at $15,728 were bought by WENDEL STEPHEN T on Wednesday, April 4. On Wednesday, April 4 Clarke Tod A bought $10,404 worth of Abraxas Petroleum Corporation (NASDAQ:AXAS) or 4,729 shares. The insider King Geoffrey R. bought 7,570 shares worth $16,654. 7,478 shares were bought by WATSON ROBERT L G, worth $16,452. WALLACE WILLIAM H also bought $16,003 worth of Abraxas Petroleum Corporation (NASDAQ:AXAS) on Wednesday, April 4.

Investors sentiment increased to 1.13 in Q1 2018. Its up 0.15, from 0.98 in 2017Q4. It is positive, as 38 investors sold GPS shares while 133 reduced holdings. 57 funds opened positions while 136 raised stakes. 212.53 million shares or 1.83% more from 208.71 million shares in 2017Q4 were reported. Mutual Of America Capital Mngmt reported 0.01% stake. Raymond James & has invested 0% of its portfolio in The Gap, Inc. (NYSE:GPS). 592,944 are owned by Axa. Td Asset Inc stated it has 62,585 shares. Voya Invest Limited Liability Company reported 1.86M shares or 0.12% of all its holdings. Moreover, Sei Company has 0.01% invested in The Gap, Inc. (NYSE:GPS). Reilly Fin holds 0% of its portfolio in The Gap, Inc. (NYSE:GPS) for 89 shares. Exane Derivatives, a France-based fund reported 68,232 shares. Texas-based Fruth Mgmt has invested 0.63% in The Gap, Inc. (NYSE:GPS). Suntrust Banks Inc holds 0% or 18,870 shares in its portfolio. Aviva Public Ltd holds 0.02% or 118,685 shares. 46 were accumulated by Tradewinds Capital Mngmt Ltd Limited Liability Company. Aperio Group Limited Liability Corporation accumulated 262,272 shares. Arizona State Retirement Sys reported 54,071 shares or 0.02% of all its holdings. Susquehanna Int Group Limited Liability Partnership reported 0.01% stake.

More notable recent The Gap, Inc. (NYSE:GPS) news were published by: 247Wallst.com which released: “Retail Sales Are On Fire – 5 Top Stocks To Buy Now” on June 14, 2018, also Seekingalpha.com with their article: “Gap names former Billabong, Eddie Bauer CEO Fiske to lead Gap brand” published on June 13, 2018, Seekingalpha.com published: “Gap disappoints with sales momentum” on May 24, 2018. More interesting news about The Gap, Inc. (NYSE:GPS) were released by: Seekingalpha.com and their article: “Our Thoughts On The Gap” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “The Gap: A (Risky) Value Play” with publication date: May 29, 2018.

Clifford Swan Investment Counsel Llc increased Allergan Inc stake by 5,582 shares to 39,604 valued at $6.67M in 2018Q1. It also upped Pfizer Inc. (NYSE:PFE) stake by 31,178 shares and now owns 509,789 shares. Stericycle Inc. (NASDAQ:SRCL) was raised too.

Analysts await The Gap, Inc. (NYSE:GPS) to report earnings on August, 16. They expect $0.72 earnings per share, up 24.14% or $0.14 from last year’s $0.58 per share. GPS’s profit will be $278.97M for 10.93 P/E if the $0.72 EPS becomes a reality. After $0.42 actual earnings per share reported by The Gap, Inc. for the previous quarter, Wall Street now forecasts 71.43% EPS growth.

Among 34 analysts covering The Gap Inc. (NYSE:GPS), 4 have Buy rating, 4 Sell and 26 Hold. Therefore 12% are positive. The Gap Inc. had 180 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of The Gap, Inc. (NYSE:GPS) earned “Neutral” rating by FBR Capital on Tuesday, August 15. The firm earned “Neutral” rating on Tuesday, November 8 by Mizuho. The firm has “Neutral” rating given on Friday, November 17 by Nomura. The stock of The Gap, Inc. (NYSE:GPS) earned “Neutral” rating by Robert W. Baird on Friday, August 19. The company was maintained on Friday, December 4 by Cantor Fitzgerald. The stock of The Gap, Inc. (NYSE:GPS) has “Neutral” rating given on Friday, May 20 by Wedbush. Oppenheimer maintained it with “Perform” rating and $28 target in Friday, October 30 report. KeyBanc Capital Markets maintained The Gap, Inc. (NYSE:GPS) rating on Monday, September 25. KeyBanc Capital Markets has “Buy” rating and $33.0 target. The firm earned “Buy” rating on Friday, May 20 by Jefferies. As per Tuesday, September 12, the company rating was maintained by Jefferies.

Since February 1, 2018, it had 1 insider purchase, and 11 sales for $57.85 million activity. 101,820 shares were sold by Kirwan Jeff, worth $3.43M. Shares for $17.22M were sold by FISHER JOHN J on Tuesday, March 6. Chapman Paul Joseph also sold $2.53 million worth of The Gap, Inc. (NYSE:GPS) on Wednesday, March 21. FISHER WILLIAM SYDNEY had sold 500,000 shares worth $16.05 million on Wednesday, March 21. $168,742 worth of The Gap, Inc. (NYSE:GPS) shares were bought by GOLDNER BRIAN. Another trade for 28,846 shares valued at $954,780 was sold by Syngal Sonia. The insider Bazzano Dara sold $138,244.

Abraxas Petroleum Corporation (NASDAQ:AXAS) Institutional Positions Chart

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