Centurylink Investment Management Company Has Decreased Its Corning (GLW) Holding; Punch & Associates Investment Management Has Lifted Weyerhaeuser Co (WY) Holding

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Centurylink Investment Management Company decreased Corning Inc (GLW) stake by 37.33% reported in 2019Q2 SEC filing. Centurylink Investment Management Company sold 14,107 shares as Corning Inc (GLW)’s stock declined 4.83%. The Centurylink Investment Management Company holds 23,678 shares with $787,000 value, down from 37,785 last quarter. Corning Inc now has $21.66 billion valuation. The stock increased 0.48% or $0.14 during the last trading session, reaching $28.17. About 3.69M shares traded. Corning Incorporated (NYSE:GLW) has declined 6.65% since December 4, 2018 and is downtrending. It has underperformed by 6.65% the S&P500. Some Historical GLW News: 15/03/2018 – Breakthrough Innovation in Photonic Technologies Creating a New Paradigm in Electronics Sector; 24/04/2018 – CORNING – FOR 2018, OPTICAL COMMUNICATIONS SALES EXPECTED TO INCREASE BY ABOUT 10%, EXCLUDING CONTRIBUTION FROM PENDING ACQUISITION OF A 3M DIVISION; 24/04/2018 – CORNING INC – IN DISPLAY TECHNOLOGIES FOR FULL-YEAR 2018, EXPECTS CORNING’S VOLUME TO GROW FASTER THAN MARKET; 26/04/2018 – REG-Corning Declares Quarterly Dividend; 13/03/2018 – Corning to Showcase Industry Leadership at 2018 Optical Networking and Communication Conference; 24/04/2018 – Corning 1Q Loss $589M; 24/05/2018 – Last month, the U.S. banned ZTE from purchasing parts from U.S. companies, including Qualcomm, Corning, and Aphabet’s Google; 24/04/2018 – Corning Swings to Quarterly Loss on Currency Hedges; 24/04/2018 – Corning Plans to Deliver More Than $12.5 Billion to Hldrs While Investing $10 B in Growth Opportunities; 27/05/2018 – S&PGR Rts Corning’s Yen-Denominated Sr Unscd Nts ‘BBB+’

Punch & Associates Investment Management Inc increased Weyerhaeuser Co (WY) stake by 50.58% reported in 2019Q2 SEC filing. Punch & Associates Investment Management Inc acquired 51,494 shares as Weyerhaeuser Co (WY)’s stock declined 4.62%. The Punch & Associates Investment Management Inc holds 153,295 shares with $4.04M value, up from 101,801 last quarter. Weyerhaeuser Co now has $22.06 billion valuation. The stock increased 0.92% or $0.27 during the last trading session, reaching $29.6. About 2.84 million shares traded. Weyerhaeuser Company (NYSE:WY) has declined 25.53% since December 4, 2018 and is downtrending. It has underperformed by 25.53% the S&P500. Some Historical WY News: 25/04/2018 – Weyerhaeuser Co expected to post earnings of 33 cents a share – Earnings Preview; 09/05/2018 – Weyerhaeuser CDS Widens 12 Bps, Most in 2 Years; 27/04/2018 – WEYERHAEUSER CO WY.N : D. A. DAVIDSON RAISES TARGET PRICE BY $2.50 TO $37.50 ; RATING NEUTRAL; 27/04/2018 – Weyerhaeuser 1Q Adj EPS 36c; 23/05/2018 – Columbia Bank Appoints Craig D. Eerkes As Chairman Of The Board To Succeed William T. Weyerhaeuser; 18/04/2018 – Weyerhaeuser Distribution will be adding Owens Corning® FOAMULAR® XPS to Select West Coast Markets; 22/05/2018 – Simons to represent Weyerhaeuser at Nareit REITweek: 2018 Investor Conference; 22/04/2018 – DJ Weyerhaeuser Company, Inst Holders, 1Q 2018 (WY); 27/04/2018 – WEYERHAEUSER CO SAYS – CONTINUE TO EXPECT FY 18 ADJUSTED EBITDA FOR REAL ESTATE, ENERGY & NATURAL RESOURCES SEGMENT WILL BE APPROXIMATELY $250 MLN; 27/04/2018 – Weyerhaeuser Sees 2Q Wood Products Adjusted Earnings Significantly Higher Compared With 1Q

Among 3 analysts covering Weyerhaeuser Company (NYSE:WY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Weyerhaeuser Company has $32 highest and $28.5 lowest target. $30.50’s average target is 3.04% above currents $29.6 stock price. Weyerhaeuser Company had 7 analyst reports since September 28, 2019 according to SRatingsIntel. The stock of Weyerhaeuser Company (NYSE:WY) has “Hold” rating given on Friday, October 25 by Scotia Capital. The rating was maintained by Raymond James with “Buy” on Monday, October 28. Bank of America maintained Weyerhaeuser Company (NYSE:WY) rating on Friday, October 25. Bank of America has “Hold” rating and $31 target.

Investors sentiment decreased to 0.91 in 2019 Q2. Its down 0.11, from 1.02 in 2019Q1. It worsened, as 43 investors sold WY shares while 242 reduced holdings. 74 funds opened positions while 216 raised stakes. 550.67 million shares or 0.48% more from 548.03 million shares in 2019Q1 were reported. Meyer Handelman holds 0.14% or 105,857 shares in its portfolio. Pekin Hardy Strauss holds 0.12% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 21,188 shares. The Michigan-based Ls Advsr Limited Liability Company has invested 0.12% in Weyerhaeuser Company (NYSE:WY). Sterling Management Ltd Liability Corp reported 0.03% stake. Td Asset Mngmt Incorporated invested 0.01% in Weyerhaeuser Company (NYSE:WY). Focused Wealth Mngmt Incorporated reported 242 shares. Dekabank Deutsche Girozentrale invested in 0.02% or 188,238 shares. Virginia-based Pettyjohn Wood And White has invested 0.13% in Weyerhaeuser Company (NYSE:WY). Sigma Counselors has invested 0.17% in Weyerhaeuser Company (NYSE:WY). 97,259 were reported by Sector Pension Board. Mutual Of Omaha Bancshares Wealth Management reported 0.25% of its portfolio in Weyerhaeuser Company (NYSE:WY). The Netherlands-based Kempen Capital Mgmt Nv has invested 0% in Weyerhaeuser Company (NYSE:WY). Moreover, Levin Cap Strategies Ltd Partnership has 0.09% invested in Weyerhaeuser Company (NYSE:WY). 32,309 are owned by Eagle Asset Mngmt. Cullen Frost Bankers owns 0.42% invested in Weyerhaeuser Company (NYSE:WY) for 517,734 shares.

More notable recent Weyerhaeuser Company (NYSE:WY) news were published by: Seekingalpha.com which released: “Weyerhaeuser closes on sale of its Michigan timberlands – Seeking Alpha” on November 13, 2019, also Prnewswire.com with their article: “Weyerhaeuser Company declares dividend on common shares – PRNewswire” published on November 08, 2019, Finance.Yahoo.com published: “Should Weyerhaeuser Company (NYSE:WY) Be Part Of Your Income Portfolio? – Yahoo Finance” on October 10, 2019. More interesting news about Weyerhaeuser Company (NYSE:WY) were released by: Finance.Yahoo.com and their article: “Is Weyerhaeuser Company (NYSE:WY) Potentially Undervalued? – Yahoo Finance” published on August 20, 2019 as well as Finance.Yahoo.com‘s news article titled: “Investors Who Bought Weyerhaeuser (NYSE:WY) Shares A Year Ago Are Now Down 28% – Yahoo Finance” with publication date: June 29, 2019.

Punch & Associates Investment Management Inc decreased Dawson Geophysical Co New (TGE) stake by 182,843 shares to 177,057 valued at $443,000 in 2019Q2. It also reduced Lendingtree Inc New (NASDAQ:TREE) stake by 2,454 shares and now owns 14,056 shares. Outfront Media Inc was reduced too.

Investors sentiment decreased to 0.97 in Q2 2019. Its down 0.04, from 1.01 in 2019Q1. It turned negative, as 55 investors sold GLW shares while 254 reduced holdings. 67 funds opened positions while 246 raised stakes. 543.66 million shares or 1.01% more from 538.21 million shares in 2019Q1 were reported. Korea Inv Corporation has invested 0.23% of its portfolio in Corning Incorporated (NYSE:GLW). Valueworks Ltd holds 209,731 shares. Cubist Systematic Strategies Limited Liability Com stated it has 0% in Corning Incorporated (NYSE:GLW). Capital Fund Mngmt Sa invested in 0.21% or 678,809 shares. Dupont Capital Mngmt reported 0.01% stake. Fruth Invest Mgmt has 0.34% invested in Corning Incorporated (NYSE:GLW) for 25,425 shares. Bluestein R H And reported 0.02% in Corning Incorporated (NYSE:GLW). First Merchants Corp holds 0.39% or 73,567 shares in its portfolio. New York-based Chemung Canal Tru has invested 1.73% in Corning Incorporated (NYSE:GLW). Atlantic Union Comml Bank reported 0.51% of its portfolio in Corning Incorporated (NYSE:GLW). San Francisco Sentry Invest Grp Inc (Ca) has invested 0.02% in Corning Incorporated (NYSE:GLW). Ipswich Investment Mngmt has 7,440 shares for 0.08% of their portfolio. Westwood Hldgs Group invested in 103,025 shares or 0.04% of the stock. Parametric Port Limited Liability holds 0.15% or 5.51 million shares in its portfolio. 8,401 were reported by King Luther Capital Corporation.

Among 7 analysts covering Corning Inc (NYSE:GLW), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Corning Inc has $3500 highest and $25 lowest target. $31.07’s average target is 10.29% above currents $28.17 stock price. Corning Inc had 12 analyst reports since June 20, 2019 according to SRatingsIntel. As per Thursday, June 20, the company rating was maintained by Jefferies. The firm has “Neutral” rating given on Wednesday, September 18 by UBS. Morgan Stanley maintained Corning Incorporated (NYSE:GLW) on Wednesday, September 18 with “Overweight” rating. The firm has “Hold” rating by Susquehanna given on Tuesday, October 29. As per Wednesday, October 30, the company rating was maintained by Citigroup. The stock of Corning Incorporated (NYSE:GLW) has “Hold” rating given on Wednesday, October 30 by Deutsche Bank.

More notable recent Corning Incorporated (NYSE:GLW) news were published by: Finance.Yahoo.com which released: “We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt – Yahoo Finance” on November 11, 2019, also Forbes.com with their article: “Is The Market Pricing Corning’s Stock Fairly? – Forbes” published on November 26, 2019, Seekingalpha.com published: “Corning: Safe And Steady Wins The Race – Seeking Alpha” on November 07, 2019. More interesting news about Corning Incorporated (NYSE:GLW) were released by: Seekingalpha.com and their article: “Corning: Display Market Could Become A Bigger Issue – Seeking Alpha” published on November 05, 2019 as well as Seekingalpha.com‘s news article titled: “My 20 Highest-Rated Dividend Stocks, No. 16 Through No. 13 – Seeking Alpha” with publication date: November 23, 2019.

Analysts await Corning Incorporated (NYSE:GLW) to report earnings on February, 4. They expect $0.45 earnings per share, down 23.73% or $0.14 from last year’s $0.59 per share. GLW’s profit will be $346.04 million for 15.65 P/E if the $0.45 EPS becomes a reality. After $0.44 actual earnings per share reported by Corning Incorporated for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

Corning Incorporated (NYSE:GLW) Institutional Positions Chart

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