Economy

Pier 1 Imports Inc (NYSE:PIR) Institutional Investor Sentiment Trend

It has underperformed by 2.62% the S&P500. Deutsche Bank AG dropped the price target on Pier 1 Imports from $6.25 to $5.00 and fixed a sell recommendation on the company shares in a study report on early Wed, May 31st. The active investment managers in our partner's database now hold: 58.06 million shares, down from 63.97 million shares in 2016Q3. The Company's activities consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The stock decreased 4.36% or $0.03 on September 8, reaching $0.66. About 716,491 shares traded. It has underperformed by 19.65% the S&P500. Irving Magee Investment Management sold 150,567 shares as Pier 1 Imports Inc (PIR)'s stock declined 23.88%. Therefore 29% are positive. Pier 1 Imports had 44 analyst reports since August 25, 2015 according to SRatingsIntel. Telsey Advisory Group maintained the stock with "Market Perform" rating in Tuesday, December 15 report. The rating was maintained by Jefferies with "Hold" on Wednesday, April 19.

Among 21 analysts covering Pier 1 Imports (NYSE:PIR), 6 have Buy rating, 4 Sell and 11 Hold. As per Thursday, September 8, the company rating was downgraded by Raymond James.

Pier 1 Imports (NYSE:PIR) last issued its quarterly earnings results on Wednesday, June 28th. After $-0.04 actual earnings per share reported by Pier 1 Imports Inc for the previous quarter, Wall Street now forecasts 50.00% negative EPS growth. The rating was maintained by Wedbush on Monday, September 21 with "Neutral". Jefferies Group LLC restated a hold rating and set a $5.90 price objective on shares of Pier 1 Imports in a report on Sunday, September 3rd. The firm has "Market Perform" rating given on Thursday, June 30 by Telsey Advisory Group. Moreover, Menta Capital Llc has 0.63% invested in the company for 876,946 shares. The specialty retailer reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01.

Investors sentiment decreased to 1.1 in Q4 2016. Its up 0.24, from 0.69 in 2016Q3. On average, equities analysts expect that Pier 1 Imports, Inc. will post $0.47 earnings per share for the current year. Barclays Public Ltd Com invested in 0% or 113,704 shares. The correct version of this piece of content can be accessed at https://stocknewstimes.com/2017/09/11/pier-1-imports-inc-pir-shares-sold-by-tocqueville-asset-management-l-p.html.

Pier 1 Imports, Inc is an importer of home decor and furniture.

Several equities research analysts recently commented on PIR shares. Price T Rowe Associate Incorporated Md owns 1.89M shares. Americafirst Cap Mngmt Lc holds 0% in Pier 1 Imports Inc (NYSE:PIR) or 28,498 shares. International Grp invested in 0% or 46,567 shares. The Texas-based Usca Ria Llc has invested 0.14% in the stock. Bnp Paribas Arbitrage reported 43,587 shares. Eam Invsts Ltd Liability stated it has 106,099 shares. Oracle Investment Management Inc owns 7.94 million shares or 4.05% of their USA portfolio. It also upped Six Flags Entmt Corp New (NYSE:SIX) stake by 31,301 shares and now owns 178,272 shares. Cavium Inc (NASDAQ:CAVM) was raised too. The lowest EPS estimate is ($0.07) and the highest is ($0.04).

The stock decreased 0.96% or $0.03 on September 8, reaching $3.11. Telsey Advisory Group has "Market Perform" rating and $5 target. Morgan Stanley has "Equal-Weight" rating and $45 target. The firm earned "Hold" rating on Thursday, December 17 by Johnson Rice. The firm has "Outperform" rating by RBC Capital Markets given on Friday, December 16. Citigroup maintained the stock with "Neutral" rating in Friday, June 17 report. Vanguard Group Inc. now owns 7,304,924 shares of the specialty retailer's stock valued at $52,303,000 after acquiring an additional 1,179,575 shares during the period.

Benchmark Capital Advisors holds 1.32% of its portfolio in BlueScope Steel Limited for 88,328 shares. Community Fincl Bank Na invested in 9,400 shares or 0.08% of the stock. Jennison Assocs Llc invested 0% in Oracle Corporation (NYSE:ORCL). Aristotle Capital Boston Llc, a Massachusetts-based fund reported 505,660 shares.#img1#. Davy Asset Limited accumulated 0.98% or 122,789 shares. Ameriprise Fincl, a Minnesota-based fund reported 9.45 million shares.



Like this

Latest


11 September 2017
FedEx Corporation (FDX) EPS Estimated At $3.19
The shipping service provider reported $4.25 earnings per share for the quarter, topping the consensus estimate of $3.88 by $0.37. FNY Managed Accounts LLC bought a new stake in shares of FedEx Corporation in the first quarter valued at approximately $100,000.

11 September 2017
The Expedia, Inc. (EXPE) Stake Boosted by KBC Group NV
Sanctuary Wealth Advisors Llc increased Dorchester Minerals Lp (DMLP) stake by 21.93% reported in 2016Q4 SEC filing. The stock of Expedia Inc (NASDAQ:EXPE) earned "Outperform" rating by RBC Capital Markets on Friday, February 10.

11 September 2017
Jose now a major hurricane
This is something Eric Blake, an NHC scientist, said is "unparalleled here and totally ridiculous given [the scale of] Irma ". During late August and into September, Atlantic Ocean waters are at their warmest compared to any other time of the year.

11 September 2017
National Weather Service warns Florida Keys: 'TIME TO HUNKER DOWN'
Rainfall-From 1.5 to four inches, with locally heavier rainfall and the potential for localized flash flooding. The storm will cross over into south Georgia and the southeast corner of Alabama around 7 p.m.

11 September 2017
Ragini MMS 2.2 Poster Reveals Karishma Sharma in Bold and Beautiful Character
After two silver screen installments of the horrorex, Ekta Kapoor is coming up with a web series titled Ragini MMS Returns. Within minutes, the entire internet has gone insane and identified her as the Indian television actress, Karishma Sharma.

11 September 2017
Sadio Mane issues classy apology to Ederson following 'accidental collision'
It means that the Merseysiders have dropped to seventh in the league table, three points adrift of Guardiola's second-placed side. After Mane's dismissal, which divided opinion among pundits, Gabriel Jesus and Leroy Sane each struck twice to wrap up the win.

11 September 2017
South Korea expects North to launch ICBM on Saturday, prime minister says
China has once again urged the US and South Korea to halt the deployment of a high-tech missile defense system in South Korea. North Korea says it detonated a hydrogen bomb in its sixth nuclear test on Sunday.

11 September 2017
Mission Wealth Management LLC Holds Stake in Magellan Midstream Partners LP (MMP)
Tower Research Capital LLC TRC increased its holdings in shares of Noble Midstream Partners by 2,540.5% during the first quarter. Liberty Mutual Grp Incorporated Asset Mngmt Incorporated has invested 0.31% in Magellan Midstream Partners, L.P. (NYSE:MMP).

11 September 2017
Sean Dyche fears lengthy Tom Heaton absence
Pope said: "When I came to Burnley I wanted to play games". "I think there's a respect among managers and try to call it right". It usually takes between 12 and 16 weeks for a dislocated shoulder to fully heal.

11 September 2017
Orissa HC serves notices to Centre, State — Blue Whale game
The Supreme Court on Monday agreed to hear a petition for an immediate judicial direction to the government to ban an online game "Blue Whale" , which may be behind the deaths or attempted suicides of teenagers and young adults hooked to it.



Recommended