2018 Q2 Sentiment HC2 Holdings (NYSEMKT:HCHC)

September 15, 2018 - By Lisa Delgado

Sentiment for HC2 Holdings (NYSEMKT:HCHC)

HC2 Holdings (NYSEMKT:HCHC) institutional sentiment increased to 1.33 in Q2 2018. Its up 0.40, from 0.93 in 2018Q1. The ratio has improved, as 36 investment managers started new or increased positions, while 27 reduced and sold stakes in HC2 Holdings. The investment managers in our partner’s database now possess: 22.79 million shares, down from 24.35 million shares in 2018Q1. Also, the number of investment managers holding HC2 Holdings in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 9 Reduced: 18 Increased: 26 New Position: 10.

HC2 Holdings, Inc. engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company has market cap of $269.59 million. The firm fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It has a 241.2 P/E ratio. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products.

The stock increased 0.50% or $0.03 during the last trading session, reaching $6.03. About 89,883 shares traded. HC2 Holdings, Inc. (NYSEMKT:HCHC) has risen 25.15% since September 15, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.

Analysts await HC2 Holdings, Inc. (NYSE:HCHC) to report earnings on November, 14. They expect $-0.38 EPS, down 137.50 % or $0.22 from last year’s $-0.16 per share. After $-0.69 actual EPS reported by HC2 Holdings, Inc. for the previous quarter, Wall Street now forecasts -44.93 % EPS growth.

Mittleman Brothers Llc holds 9.67% of its portfolio in HC2 Holdings, Inc. for 3.09 million shares. Roumell Asset Management Llc owns 295,255 shares or 3.84% of their US portfolio. Moreover, American Financial Group Inc has 0.56% invested in the company for 1.01 million shares. The New York-based Teton Advisors Inc. has invested 0.37% in the stock. Ardsley Advisory Partners, a Connecticut-based fund reported 410,000 shares.

HC2 Holdings, Inc. (NYSE:HCHC) Institutional Positions Chart

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