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

February 14, 2018 - By Linda Rogers

 Discussion stirs around Ferro Corporation (NYSE:FOE) this week; here is what analysts are saying.
Investors sentiment decreased to 1 in 2017 Q3. Its down 0.06, from 1.06 in 2017Q2. It fall, as 16 investors sold Ferro Corporation shares while 64 reduced holdings. 28 funds opened positions while 52 raised stakes. 81.19 million shares or 1.94% more from 79.65 million shares in 2017Q2 were reported.
134,150 were reported by California State Teachers Retirement System. Scopus Asset Management Ltd Partnership invested in 0.38% or 1.65 million shares. Group One Trading Limited Partnership has invested 0% in Ferro Corporation (NYSE:FOE). Fruth has invested 0.18% in Ferro Corporation (NYSE:FOE). New York State Common Retirement Fund reported 154,011 shares stake. Brandywine Mngmt Limited Liability Company reported 317,208 shares. Columbia Prtnrs L L C Investment Mgmt reported 137,116 shares stake. Copper Rock Ptnrs Limited Liability holds 1.48M shares. Metropolitan Life Ins New York has 0.01% invested in Ferro Corporation (NYSE:FOE) for 58,315 shares. Gamco Et Al holds 0.74% or 5.33 million shares. Putnam Investments Limited Liability has invested 0.01% of its portfolio in Ferro Corporation (NYSE:FOE). 11,423 are owned by Campbell Newman Asset Management Incorporated. Numeric Lc has invested 0% of its portfolio in Ferro Corporation (NYSE:FOE). Bancshares Of America Corp De invested 0% in Ferro Corporation (NYSE:FOE). Susquehanna Grp Inc Limited Liability Partnership holds 0% in Ferro Corporation (NYSE:FOE) or 48,073 shares.

Since December 12, 2017, it had 0 buys, and 4 insider sales for $1.43 million activity. 17,000 shares were sold by Duesenberg Mark Hugo, worth $421,000 on Monday, January 8. The insider Schlater Benjamin sold $297,636.

Ferro Corporation (NYSE:FOE) Ratings Coverage

Among 6 analysts covering Ferro (NYSE:FOE), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ferro had 13 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Global Hunter Securities with “Accumulate” on Wednesday, August 12. The firm earned “Buy” rating on Monday, June 5 by Longbow. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, November 10. The firm has “Buy” rating given on Thursday, October 12 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, August 4 by Zacks. The rating was upgraded by Seaport Global on Wednesday, January 13 to “Buy”. The stock of Ferro Corporation (NYSE:FOE) earned “Buy” rating by Deutsche Bank on Monday, July 31. Oppenheimer initiated Ferro Corporation (NYSE:FOE) rating on Wednesday, September 23. Oppenheimer has “Outperform” rating and $16 target. KeyBanc Capital Markets maintained the shares of FOE in report on Friday, September 1 with “Buy” rating. Below is a list of Ferro Corporation (NYSE:FOE) latest ratings and price target changes.

10/11/2017 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $27 New Target: $29 Maintain
12/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $27.0 Maintain
01/09/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $23.0 Maintain

The stock decreased 1.83% or $0.39 during the last trading session, reaching $20.96. About 452,041 shares traded. Ferro Corporation (NYSE:FOE) has risen 24.49% since February 14, 2017 and is uptrending. It has outperformed by 7.79% 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 40.78 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.

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