Analyst Commentary On Corning Incorporated (GLW), AGNC Investment Corp. (AGNC)

Marco Green
February 20, 2018

The institutional investor held 4,630 shares of the telecommunications equipment company at the end of 2017Q3, valued at $139,000, down from 18,452 at the end of the previous reported quarter. The company has a market cap of $25,610.00, a price-to-earnings ratio of -43.34, a PEG ratio of 4.41 and a beta of 1.34.

Corning Inc. (NYSE:GLW) closed its last session at $29.47. California Public Employees Retirement Systems owns 2.52M shares. Corning Incorporated (NYSE:GLW) has risen 53.38% since February 20, 2017 and is uptrending.

Matthew Tewksbury increased its stake in Pentair Plc (PNR) by 240.02% based on its latest 2017Q3 regulatory filing with the SEC.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -3.73%, and has a solid year to date (YTD) performance of -7.88% which means that the stock is constantly adding to its value from the previous fiscal year end price. The institutional investor held 4,317 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $250,000, down from 112,390 at the end of the previous reported quarter. The company operates in the Technology sector with a market capitalization of 25.67 Million. The lowest price the stock reached in the last trading day was $19.18 and compares with the $17.94 52-week low. About 382,140 shares traded.

Corning (NYSE:GLW) last posted its quarterly earnings data on Tuesday, January 30th. It has underperformed by 32.76% the S&P500. (NYSE:PNR), 7 have Buy rating, 5 Sell and 12 Hold. Therefore 28% are positive. Analysts have placed a $34.08 price target on Corning Incorporated, suggesting a 15.64% gain from recent close.

Corning Inc. (NYSE:GLW) touched its 1-Year High price of $35.10 on 01/19/18 and its 1-Year Low price of $26.32 on 04/13/17. Zacks Investment Research raised Corning from a "strong sell" rating to a "hold" rating in a report on Thursday, October 26th. As per Monday, June 19, the company rating was maintained by Drexel Hamilton. Goldman Sachs has "Buy" rating and $26 target. As per Monday, January 4, the company rating was maintained by Deutsche Bank. Barclays Capital has "Overweight" rating and $25 target. Citigroup boosted their price target on Corning from $33.00 to $35.00 and gave the stock a "neutral" rating in a research report on Thursday, January 25th. The stock has "Neutral" rating by UBS on Wednesday, October 28.

Investors sentiment decreased to 0.75 in Q3 2017. Its down 0.11, from 1.15 in 2017Q2. 66 funds opened positions while 235 raised stakes. The electronics maker reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.02. The SI to Fsb Bancorp Incorporated's float is 0.51%. $887,931 worth of Corning Incorporated (NYSE:GLW) shares were bought by CANNING JOHN A JR. Japan-based Meiji Yasuda Asset Company Limited has invested 0.06% in Corning Incorporated (NYSE:GLW). Nomura Asset Limited holds 0.07% or 172,159 shares in its portfolio. Suntrust Banks reported 0% in Pentair plc (NYSE:PNR). Adirondack Tru Co invested in 3,370 shares. Citigroup maintained Corning Incorporated (NYSE:GLW) on Friday, August 26 with "Buy" rating. Cornerstone Capital Hldgs Lc holds 214,815 shares. Foundation holds 4.66% or 940,677 shares in its portfolio. London Company Of Virginia holds 0.1% or 478,318 shares in its portfolio. JP Morgan downgraded Corning Incorporated (NYSE:GLW) on Thursday, December 17 to "Neutral" rating. Guardian Capital Advisors LP stated it has 0.46% of its portfolio in Corning Incorporated (NYSE:GLW).

Since August 24, 2017, it had 1 insider buy, and 6 sales for $10.46 million activity. Another trade for 48,125 shares valued at $1.38 million was sold by McRae Lawrence D. The insider Kinlin Clark S sold 46,763 shares worth $1.33M. WEEKS WENDELL P sold $7.81 million worth of Corning Incorporated (NYSE:GLW) on Tuesday, October 31. It also reduced its holding in Royal Bk Cda Montreal Que (NYSE:RY) by 27,425 shares in the quarter, leaving it with 42,167 shares, and cut its stake in Exelon Corp (NYSE:EXC).

Among 10 analysts covering KBR Inc (NYSE:KBR), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 63% are positive. The firm earned "Buy" rating on Tuesday, October 31 by KeyBanc Capital Markets. The firm has "Neutral" rating by Seaport Global given on Wednesday, May 4. The stock of Corning Incorporated (NYSE:GLW) earned "Market Perform" rating by Wells Fargo on Wednesday, December 21. As per Thursday, August 6, the company rating was upgraded by Bank of America. The stock has "Buy" rating by Deutsche Bank on Tuesday, September 15. The firm earned "Outperform" rating on Thursday, November 2 by Credit Suisse.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.17, from 0.92 in 2017Q2. It fall, as 24 investors sold PNR shares while 147 reduced holdings. Creative Planning invested in 150,808 shares. Bridgeway Capital Management Inc, a Texas-based fund reported 25,000 shares. Cliftonlarsonallen Wealth Ltd Llc reported 0.09% in Pentair plc (NYSE:PNR). Maine-based Schroder Management Grp has invested 0.08% in Corning Incorporated (NYSE:GLW). Cubist Systematic Strategies Limited Liability Corp reported 0.04% stake. Armstrong Shaw Inc Ct has 24,014 shares for 1.47% of their portfolio. (NYSE:KBR). Goldman Sachs Gru invested in 2.03M shares. Horan Cap Advsr Ltd Co has 0.03% invested in Pentair plc (NYSE:PNR). Hanson & Doremus Investment accumulated 175,634 shares. Amf Pensionsforsakring Ab holds 0.04% or 129,400 shares in its portfolio.

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