Economy

Golar LNG Partners LP (GMLP) Set to Announce Quarterly Earnings on Tuesday

(NASDAQ:PPBI)'s shares may have a significant upside to the consensus target of 42.64, but how has it been performing relative to the market? Nordea upgraded the shares of GLNG in report on Wednesday, June 1 to "Buy" rating. This represents a $0.20 annualized dividend and a yield of 0.93%. Shares saw a steep increase in trading volume of 78.86% over the normal average daily volume.

Golar LNG Limited (NASDAQ:GLNG) last released its earnings results on Wednesday, August 30th.

Trading was heavy with 527K shares changing hands by the end of trading on Friday. The stock's market cap is $2.10 billion. The stock decreased 0.25% or $0.12 during the last trading session, reaching $47.53.

Short traders are more bullish on shares of the company lately if you pay attention to the change in short interest. Horizon Bancorp (NASDAQ:HBNC) has risen 57.87% since September 19, 2016 and is uptrending. It has outperformed by 19.75% the S&P500.

Since June 12, 2017, it had 0 insider buys, and 1 insider sale for $752,120 activity. Zacks Lowered stocks of Golar LNG Partners from a "hold" recommendation to a "sell" recommendation in a analysis note on Friday morning, Jun 2nd. As per Monday, October 3, the company rating was upgraded by ABN Amro. The firm has "Overweight" rating by PiperJaffray given on Thursday, October 6. Wynnefield holds 7.58% or 3.26M shares. The company had revenue of $28.41 million for the quarter, compared to analysts' expectations of $17.03 million. Keefe Bruyette & Woods maintained Horizon Bancorp (NASDAQ:HBNC) rating on Thursday, June 1.

Sell-side analysts are offering a consensus "Buy" rating on shares of Pacific Premier Bancorp, Inc. Piper Jaffray maintained Horizon Bancorp (NASDAQ:HBNC) on Friday, July 28 with "Buy" rating.

Investors sentiment increased to 1.47 in Q4 2016. Its up 2.09, from 2.67 in 2016Q3. The total value of its holdings increased 5.9%. 2 funds opened positions while 1 raised stakes. Dubuque State Bank And holds 0.06% or 12,825 shares. Kcg Hldgs Incorporated owns 0.01% invested in 1st Source Corporation (NASDAQ:SRCE) for 10,616 shares. Investors of record on Thursday, September 14th will be given a dividend of $0.05 per share. Minerva Advsr Ltd Llc invested 0.04% of its portfolio in MAM Software Group Inc. After $-0.51 actual EPS reported by Golar LNG Limited (USA) for the previous quarter, Wall Street now forecasts -31.37 % EPS growth. The shipping company reported ($0.51) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.40) by ($0.11). The total value of its holdings decreased 26.7%.

Golar LNG Limited's RSI is 44.52. Therefore 73% are positive. Analysts have placed a $33.23 price target on Golar LNG Limited, suggesting a 62.18% gain from recent close. The firm has "Buy" rating by Stifel Nicolaus given on Monday, August 21. ValuEngine downgraded Golar LNG Limited from a "hold" rating to a "sell" rating in a research note on Friday, September 1st. The correct version of this report can be viewed at https://www.truebluetribune.com/2017/09/18/cowen-and-company-reaffirms-outperform-rating-for-golar-lng-limited-glng.html. Citigroup has "Buy" rating and $26 target.

07/01/2016 - Golar LNG Limited was upgraded to "buy" by analysts at DNB Markets. Zacks Investment Research cut shares of Golar LNG Limited from a "hold" rating to a "sell" rating in a research note on Tuesday, May 9th.

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