Discussion stirs around Ferro Corporation (NYSE:FOE) this week; here is what analysts are saying.

May 15, 2018 - By Stephen Andrade

Ferro Corporation (NYSE:FOE) LogoInvestors sentiment decreased to 0.88 in 2017 Q4. Its down 0.12, from 1 in 2017Q3. It dropped, as 15 investors sold Ferro Corporation shares while 75 reduced holdings. 29 funds opened positions while 50 raised stakes. 78.76 million shares or 3.00% less from 81.19 million shares in 2017Q3 were reported.
346 were reported by Farmers Merchants Invs. Pitcairn Company has invested 0.02% in Ferro Corporation (NYSE:FOE). Argent Capital Mngmt reported 149,845 shares stake. Acadian Asset Mngmt Ltd stated it has 292 shares. Comm Commercial Bank holds 0.04% in Ferro Corporation (NYSE:FOE) or 129,545 shares. Jpmorgan Chase & holds 1.72 million shares. Buckhead Management Limited Liability invested in 0.99% or 196,370 shares. Northern reported 0.01% in Ferro Corporation (NYSE:FOE). Howe And Rusling holds 0% of its portfolio in Ferro Corporation (NYSE:FOE) for 507 shares. Regions holds 5,018 shares or 0% of its portfolio. 217,191 were reported by Pnc Ser Gru. Royal Bank & Trust Of Canada holds 1.12 million shares or 0.01% of its portfolio. Massachusetts Fincl Svcs Com Ma holds 0.01% in Ferro Corporation (NYSE:FOE) or 1.21 million shares. Stone Ridge Asset Mngmt Limited Company holds 0.01% of its portfolio in Ferro Corporation (NYSE:FOE) for 8,782 shares. Manufacturers Life Ins The holds 63,486 shares or 0% of its portfolio.

Since December 12, 2017, it had 0 insider buys, and 6 selling transactions for $1.98 million activity. Shares for $297,636 were sold by Schlater Benjamin on Tuesday, December 12. $280,413 worth of Ferro Corporation (NYSE:FOE) shares were sold by Barna James.

Ferro Corporation (NYSE:FOE) Ratings Coverage

Among 2 analysts covering Ferro Corp (NYSE:FOE), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ferro Corp had 2 analyst reports since March 5, 2018 according to SRatingsIntel. BMO Capital Markets initiated Ferro Corporation (NYSE:FOE) on Tuesday, March 27 with “Buy” rating. Northcoast maintained the stock with “Buy” rating in Monday, March 5 report. Below is a list of Ferro Corporation (NYSE:FOE) latest ratings and price target changes.

27/03/2018 Broker: BMO Capital Markets Rating: Buy New Target: $29.0000 Initiate
05/03/2018 Broker: Northcoast Rating: Buy New Target: $28.0 Maintain

The stock decreased 1.92% or $0.41 during the last trading session, reaching $20.89. About 301,881 shares traded. Ferro Corporation (NYSE:FOE) has risen 57.96% since May 15, 2017 and is uptrending. It has outperformed by 46.41% the S&P500.

Ferro Corporation produces specialty materials in the United States and internationally. The company has market cap of $1.76 billion. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. It has a 31.18 P/E ratio. The firm offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.

Another recent and important Ferro Corporation (NYSE:FOE) news was published by Seekingalpha.com which published an article titled: “Ferro up 3% on Q1 results, reaffirms guidance” on May 02, 2018.

Ferro Corporation (NYSE:FOE) Institutional Positions Chart

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