Algert Global Trimmed Its Patrick Inds (PATK) Position; Olin (OLN) Had 1 Bullish Analysts

Olin Corporation (NYSE:OLN) Logo

Among 3 analysts covering Olin (NYSE:OLN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Olin had 9 analyst reports since March 13, 2019 according to SRatingsIntel. The firm has “Buy” rating by Alembic given on Monday, June 24. Morgan Stanley downgraded Olin Corporation (NYSE:OLN) on Friday, July 19 to “Equal-Weight” rating. As per Monday, April 15, the company rating was upgraded by Nomura. See Olin Corporation (NYSE:OLN) latest ratings:

19/07/2019 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Old Target: $33.0000 New Target: $23.0000 Downgrade
24/06/2019 Broker: Alembic Rating: Buy New Target: $32 Maintain
17/05/2019 Broker: BidaskScore Rating: Sell Upgrade
03/05/2019 Broker: BidaskScore Rating: Sell Downgrade
25/04/2019 Broker: BidaskScore Rating: Sell Downgrade
16/04/2019 Broker: BidaskScore Rating: Hold Upgrade
15/04/2019 Broker: Nomura Old Rating: Reduce New Rating: Neutral Old Target: $22 New Target: $25 Upgrade
06/04/2019 Broker: BidaskScore Rating: Sell Upgrade
13/03/2019 Broker: BidaskScore Rating: Sell Downgrade

Algert Global Llc decreased Patrick Inds Inc (PATK) stake by 40.55% reported in 2019Q1 SEC filing. Algert Global Llc sold 13,890 shares as Patrick Inds Inc (PATK)’s stock declined 4.40%. The Algert Global Llc holds 20,362 shares with $923,000 value, down from 34,252 last quarter. Patrick Inds Inc now has $927.51 million valuation. The stock decreased 5.08% or $2.08 during the last trading session, reaching $38.89. About 32,063 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has declined 24.24% since August 14, 2018 and is downtrending. It has underperformed by 24.24% the S&P500. Some Historical PATK News: 18/05/2018 – PATRICK INDUSTRIES INC – INCREASED SHARE REPURCHASE AUTHORIZATION INCLUDES AMOUNT REMAINING UNDER PREVIOUS AUTHORIZATION; 30/04/2018 – Patrick Industries, Inc. Completes Acquisition Of Dehco, Inc; 26/04/2018 – Patrick Industries 1Q EPS $1.20; 26/04/2018 – Patrick Industries 1Q Net $30.1M; 21/04/2018 – DJ Patrick Industries Inc, Inst Holders, 1Q 2018 (PATK); 26/04/2018 – Patrick Industries Closes Above 200-Day Average: Technicals; 05/04/2018 – Copper Rock Capital Partners Buys 1.3% of Patrick Industries; 19/03/2018 – PATRICK INDUSTRIES BUYS COLLINS & CO. FOR ABOUT $36.5M; 18/05/2018 – Patrick Industries Raises Buyback Authorization to $50M Over the Next 24 Mos; 14/05/2018 – Cadence Capital Adds AIG, Exits Patrick Industries: 13F

Investors sentiment increased to 1.37 in Q1 2019. Its up 0.16, from 1.21 in 2018Q4. It is positive, as 25 investors sold Olin Corporation shares while 73 reduced holdings. 50 funds opened positions while 84 raised stakes. 147.98 million shares or 5.45% more from 140.33 million shares in 2018Q4 were reported. Hudock Capital Grp Inc Incorporated Lc has invested 0% in Olin Corporation (NYSE:OLN). Quantitative Invest Limited Liability Com accumulated 82,600 shares. Pub Employees Retirement Of Ohio invested in 133,653 shares. Alpha Windward reported 17,880 shares. Suntrust Banks has 0% invested in Olin Corporation (NYSE:OLN). Gateway Investment Advisers reported 251,314 shares. Proxima Mgmt Limited Liability Company holds 6.75% of its portfolio in Olin Corporation (NYSE:OLN) for 265,000 shares. Gru One Trading Ltd Partnership stated it has 0% of its portfolio in Olin Corporation (NYSE:OLN). Thb Asset Mgmt owns 18,737 shares. Dimensional Fund Advisors Lp holds 0.06% or 6.05M shares in its portfolio. Gargoyle Advisor Limited Liability Corp holds 12,478 shares or 0.28% of its portfolio. Nordea Management Ab has invested 0.01% in Olin Corporation (NYSE:OLN). Alps Advsrs holds 33,937 shares or 0.01% of its portfolio. Smithfield Com owns 2,375 shares for 0.01% of their portfolio. Moreover, Jacobs Levy Equity Mngmt Inc has 0.11% invested in Olin Corporation (NYSE:OLN).

Since May 8, 2019, it had 5 buys, and 0 selling transactions for $363,596 activity. Shipp Earl L bought $4,479 worth of Olin Corporation (NYSE:OLN) on Tuesday, August 6. On Wednesday, August 7 BUNCH C ROBERT bought $178,490 worth of Olin Corporation (NYSE:OLN) or 10,000 shares. Sutton Scott McDougald bought $165,678 worth of stock. Another trade for 230 shares valued at $4,077 was made by VERMILLION TERESA M on Friday, August 9.

Olin Corporation manufactures and distributes chemical products in the United States and internationally. The company has market cap of $2.76 billion. It operates through three divisions: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. It has a 10.36 P/E ratio. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide.

The stock decreased 3.17% or $0.55 during the last trading session, reaching $16.8. About 570,426 shares traded. Olin Corporation (NYSE:OLN) has declined 30.43% since August 14, 2018 and is downtrending. It has underperformed by 30.43% the S&P500. Some Historical OLN News: 15/05/2018 – Olin Presenting at Citi SMID Conference Jun 6; 25/04/2018 – OLIN REPORTS NEW LEAD DIRECTOR; 22/05/2018 – REG-Aktia Bank plc: Managers’ transactions — Sam Olin- as part of the share-based incentive scheme; 01/05/2018 – OLIN 1Q ADJ EBITDA $240.3M, EST. $244.4M; 30/04/2018 – Olin Presenting at KeyCorp Conference May 30; 25/04/2018 – Olin Announces William Weideman as New Lead Director of Board; 12/04/2018 – Olin Presenting at Wells Fargo Industrials Conference May 8; 10/04/2018 – Olin Corporation First Quarter Earnings Conference Call Announcement; 14/05/2018 – Olin at Goldman Sachs Basic Materials Conference Tomorrow; 01/05/2018 – Olin Corp 1Q EPS 12c

More notable recent Olin Corporation (NYSE:OLN) news were published by: Finance.Yahoo.com which released: “Olin Corporation (NYSE:OLN) Goes Ex-Dividend In 4 Days – Yahoo Finance” on August 03, 2019, also Finance.Yahoo.com with their article: “The Olin (NYSE:OLN) Share Price Is Down 26% So Some Shareholders Are Getting Worried – Yahoo Finance” published on June 14, 2019, Seekingalpha.com published: “Olin Corporation 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 01, 2019. More interesting news about Olin Corporation (NYSE:OLN) were released by: Finance.Yahoo.com and their article: “Should You Worry About Olin Corporation’s (NYSE:OLN) CEO Salary Level? – Yahoo Finance” published on May 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “These Fundamentals Make Olin Corporation (NYSE:OLN) Truly Worth Looking At – Yahoo Finance” with publication date: June 30, 2019.

Among 2 analysts covering Patrick Industries (NASDAQ:PATK), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Patrick Industries had 9 analyst reports since February 19, 2019 according to SRatingsIntel. The stock of Patrick Industries, Inc. (NASDAQ:PATK) earned “Market Perform” rating by Wells Fargo on Wednesday, February 27. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, April 15. KeyBanc Capital Markets maintained the shares of PATK in report on Tuesday, February 19 with “Buy” rating.

Algert Global Llc increased Msg Network Inc stake by 17,810 shares to 35,384 valued at $770,000 in 2019Q1. It also upped Nic Inc (NASDAQ:EGOV) stake by 41,507 shares and now owns 64,290 shares. Encore Wire Corp (NASDAQ:WIRE) was raised too.

Investors sentiment decreased to 1.09 in 2019 Q1. Its down 0.04, from 1.13 in 2018Q4. It fall, as 22 investors sold PATK shares while 59 reduced holdings. 30 funds opened positions while 58 raised stakes. 51.77 million shares or 147.58% more from 20.91 million shares in 2018Q4 were reported. The Ohio-based Victory has invested 0% in Patrick Industries, Inc. (NASDAQ:PATK). South Dakota Inv Council holds 0.06% or 58,800 shares. Captrust Finance Advisors owns 675 shares or 0% of their US portfolio. Swiss Bank & Trust stated it has 0% of its portfolio in Patrick Industries, Inc. (NASDAQ:PATK). Pdts Limited Liability Company holds 49,150 shares. 57,959 are held by Legal & General Gp Plc. Brant Point Invest Mgmt Ltd Liability, a New York-based fund reported 5,808 shares. Savings Bank Of Montreal Can owns 5,887 shares. Benjamin F Edwards Inc holds 807 shares. Moreover, Cambridge Investment Rech Advsr has 0.01% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 11,586 shares. Massachusetts-based Arrowstreet LP has invested 0.01% in Patrick Industries, Inc. (NASDAQ:PATK). Tiaa Cref Investment Management Ltd Limited Liability Company holds 46,099 shares. California Public Employees Retirement System holds 36,045 shares or 0% of its portfolio. Pub Sector Pension Invest Board has invested 0.01% in Patrick Industries, Inc. (NASDAQ:PATK). Ameritas Invest Inc owns 1,955 shares.

Patrick Industries, Inc. (NASDAQ:PATK) 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.