Close Brothers Group PLC (LON:CBG) “Hold” Rating Reaffirmed at Liberum Capital; TC Pipelines Lpunits Representing Limited (TCP) SI Increased By 3.19%

In a report sent to clients and investors on Friday morning, Liberum Capital restate their “Hold” rating on shares of Close Brothers Group PLC (LON:CBG).

TC Pipelines Lpunits Representing Limited (NYSE:TCP) had an increase of 3.19% in short interest. TCP’s SI was 1.46M shares in March as released by FINRA. Its up 3.19% from 1.42 million shares previously. With 152,600 avg volume, 10 days are for TC Pipelines Lpunits Representing Limited (NYSE:TCP)’s short sellers to cover TCP’s short positions. The SI to TC Pipelines Lpunits Representing Limited’s float is 3.01%. The stock decreased 0.63% or $0.31 during the last trading session, reaching $49.09. About 122,622 shares traded. TC PipeLines, LP (NYSE:TCP) has risen 7.30% since March 9, 2017 and is uptrending. It has underperformed by 9.40% the S&P500.

Among 18 analysts covering Close Brothers Group PLC (LON:CBG), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. Close Brothers Group PLC has GBX 1844 highest and GBX 400 lowest target. GBX 1452.33’s average target is -7.91% below currents GBX 1577 stock price. Close Brothers Group PLC had 157 analyst reports since July 24, 2015 according to SRatingsIntel. Numis Securities downgraded Close Brothers Group plc (LON:CBG) rating on Monday, July 3. Numis Securities has “Hold” rating and GBX 1557 target. The firm has “Overweight” rating by JP Morgan given on Friday, September 30. The rating was maintained by Shore Capital with “Hold” on Tuesday, March 8. The stock of Close Brothers Group plc (LON:CBG) has “Buy” rating given on Friday, July 24 by Canaccord Genuity. The rating was upgraded by Numis Securities to “Buy” on Tuesday, October 27. Numis Securities maintained it with “Buy” rating and GBX 1738 target in Thursday, November 19 report. The stock of Close Brothers Group plc (LON:CBG) earned “Buy” rating by Liberum Capital on Tuesday, September 22. As per Tuesday, March 14, the company rating was maintained by Liberum Capital. The stock has “Accumulate” rating by Charles Stanley on Friday, September 25. The stock of Close Brothers Group plc (LON:CBG) earned “Buy” rating by Numis Securities on Friday, May 20.

Analysts await Close Brothers Group plc (LON:CBG) to report earnings on April, 26. They expect $0.51 EPS, up 18.60% or $0.08 from last year’s $0.43 per share. CBG’s profit will be $766,455 for 773.04 P/E if the $0.51 EPS becomes a reality. After $0.99 actual EPS reported by Close Brothers Group plc for the previous quarter, Wall Street now forecasts -48.48% negative EPS growth.

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.28, from 0.96 in 2017Q2. It is positive, as 24 investors sold Close Brothers Group plc shares while 172 reduced holdings. 60 funds opened positions while 129 raised stakes. 313.05 million shares or 0.66% less from 315.14 million shares in 2017Q2 were reported. Mason Street Advisors Ltd Liability Com has invested 0.04% in Close Brothers Group plc (LON:CBG). Paloma Prtn Management holds 14,042 shares. Telos Capital Management owns 74,760 shares. Employees Retirement Of Texas owns 71,100 shares or 0.04% of their US portfolio. Da Davidson & has 28,705 shares for 0.02% of their portfolio. Old Natl Bank In reported 0.07% stake. Ameriprise Incorporated stated it has 188,667 shares or 0% of all its holdings. X Mngmt Co Ltd Liability Co has invested 0.01% of its portfolio in Close Brothers Group plc (LON:CBG). Kingdon Capital Ltd stated it has 1.25% in Close Brothers Group plc (LON:CBG). 35,915 are owned by Mutual Of America Capital Management Limited Co. Whitnell And Com holds 500 shares. Virtus Invest Advisers stated it has 1.07% in Close Brothers Group plc (LON:CBG). 2.80M were accumulated by Bamco New York. The New York-based Riverpark Advsr Ltd has invested 0.52% in Close Brothers Group plc (LON:CBG). Tocqueville Asset Management L P owns 0.1% invested in Close Brothers Group plc (LON:CBG) for 220,283 shares.

Close Brothers Group plc, a merchant banking company, provides financial services to small businesses and individuals firms in the United Kingdom. The company has market cap of 2.37 billion GBP. It operates through five divisions: Commercial Finance, Retail Finance, Property Finance, Securities, and Asset Management. It has a 12.37 P/E ratio. The firm offers various deposit products, including fixed term deposits and notice accounts.

It closed at GBX 1577 lastly. It is down 0.00% since March 9, 2017 and is . It has underperformed by 16.70% the S&P500.

Since September 15, 2017, it had 0 insider purchases, and 10 selling transactions for $209.05 million activity. $975,493 worth of Close Brothers Group plc (LON:CBG) was sold by CONCANNON WILLIAM F. $1.70 million worth of stock was sold by SULENTIC ROBERT E on Friday, February 9. $298,644 worth of stock was sold by MALEK FREDERIC V on Monday, December 11. 20,000 Close Brothers Group plc (LON:CBG) shares with value of $866,400 were sold by KIRK J. CHRISTOPHER. Another trade for 25,000 shares valued at $1.10M was sold by Frese Calvin W Jr. ValueAct Holdings – L.P. also sold $197.45 million worth of Close Brothers Group plc (LON:CBG) shares. On Thursday, February 15 LAFITTE MICHAEL J sold $1.16M worth of Close Brothers Group plc (LON:CBG) or 25,888 shares.

Investors sentiment increased to 0.91 in 2017 Q3. Its up 0.10, from 0.81 in 2017Q2. It increased, as 16 investors sold TC PipeLines, LP shares while 52 reduced holdings. 8 funds opened positions while 47 raised stakes. 40.18 million shares or 0.75% more from 39.88 million shares in 2017Q2 were reported. Bollard Group Ltd owns 196,707 shares. Citadel Advsrs Ltd Limited Liability Company reported 16,108 shares. 2.32M are held by Advisory Research. Susquehanna Grp Inc Llp holds 0% or 6,458 shares. Conning invested in 0.09% or 48,898 shares. Driehaus Management Limited Co reported 50,112 shares. Gould Asset Limited Liability Corp Ca reported 9,820 shares or 0.23% of all its holdings. Eagle Advsr Ltd invested 0.48% in TC PipeLines, LP (NYSE:TCP). Third Security Ltd Llc invested 0.32% in TC PipeLines, LP (NYSE:TCP). First Manhattan holds 3,050 shares or 0% of its portfolio. Cbre Clarion Securities Lc stated it has 0.03% in TC PipeLines, LP (NYSE:TCP). 37,784 are held by Qs Invsts Limited Co. Shanda Asset Mgmt Holdg Limited reported 51,965 shares. Highstreet Asset accumulated 134 shares. Moreover, State Street has 0% invested in TC PipeLines, LP (NYSE:TCP).

Among 10 analysts covering TC Pipelines (NYSE:TCP), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. TC Pipelines had 26 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, July 20 by Goldman Sachs. The firm has “Buy” rating given on Monday, September 25 by RBC Capital Markets. The stock of TC PipeLines, LP (NYSE:TCP) earned “Equal Weight” rating by Barclays Capital on Friday, August 7. The company was upgraded on Wednesday, November 11 by Ladenburg Thalmann. As per Friday, May 6, the company rating was downgraded by Ladenburg Thalmann. JP Morgan maintained it with “Neutral” rating and $55 target in Friday, May 27 report. The rating was upgraded by Bank of America on Monday, December 21 to “Buy”. RBC Capital Markets upgraded TC PipeLines, LP (NYSE:TCP) on Monday, December 12 to “Outperform” rating. UBS maintained TC PipeLines, LP (NYSE:TCP) rating on Tuesday, November 7. UBS has “Buy” rating and $61 target. Citigroup maintained it with “Neutral” rating and $57 target in Wednesday, July 27 report.

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