Manning & Napier, Inc. (MN) Raised to "Market Perform" at Keefe, Bruyette & Woods

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25 June, 2017

On average, equities analysts anticipate that Manning & Napier will post $0.47 earnings per share for the current year. It has underperformed by 63.39% the S&P500.The move comes after 8 months negative chart setup for the $62.08M company.

Aemetis Incorporated (NASDAQ:AMTX) had an increase of 10.32% in short interest. Its up 6.91% from 2.87M shares previously. The SI to Maximus Incorporated's float is 4.81%. About 33,305 shares traded. MAXIMUS, Inc. (NYSE:MMS) has risen 15.99% since June 20, 2016 and is uptrending. It has underperformed by 67.49% the S&P500.

Now 5 analysts have outstanding research reports on Manning & Napier, Inc. On average, analysts expect that Manning & Napier will post $0.47 EPS for the current year. The stock dropped -7.06% beyond one week and declined -16.84% during previous one month session. The asset manager reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.02. Therefore 0 are positive.

Manning & Napier, Inc.is an independent investment management company. Wood maintained the stock with "Market Perform" rating in Thursday, September 3 report.

Manning & Napier (NYSE:MN) last released its earnings results on Wednesday, May 3rd. The firm earned "Sector Weight" rating on Friday, December 18 by KeyBanc Capital Markets. The rating was maintained by Wood on Friday, October 14 with "Market Perform". JP Morgan maintained the shares of MN in report on Tuesday, September 8 with "Underweight" rating. The rating was downgraded by Mizuho on Thursday, January 28 to "Neutral".

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.23, from 1.17 in 2016Q3. 17 funds opened positions while 20 raised stakes. Pioneer holds 179,157 shares or 0.05% of its portfolio. Moreover, Cowen Grp Inc Inc has 0.07% invested in ServiceNow Inc (NYSE:NOW).

Wall Street analysts predict that Manning & Napier, Inc. Federated Invsts Pa accumulated 0% or 3,931 shares. Nationwide Fund Advsrs stated it has 9,050 shares. California State Teachers Retirement stated it has 30,738 shares or 0% of all its holdings. The insider now directly owns 10,000 shares worth $39,500. 20,858 were reported by Millennium Limited. Wedgewood Prns holds 0.01% or 46,000 shares. Loring Wolcott & Coolidge Fiduciary Advisors Limited Liability Partnership Ma has 0.01% invested in ServiceNow Inc (NYSE:NOW) for 3,866 shares. Blackrock Institutional Trust Com Na invested in 0% or 265,686 shares.

For more information about research offerings from Zacks Investment Research, visit Zacks.com Receive News & Ratings for Manning & Napier Inc. Manning & Napier Advisors Llc bought 1.04M shares as the company's stock rose 7.07% with the market. It offers its investment management capabilities through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms and institutional investment consultants. It has a 6.97 P/E ratio. The Company provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services. Cardinal Health Inc (NYSE:CAH) was raised too. Shares for $2.31 million were sold by STRAUSS WILLIAM L. Schneider David had sold 14,952 shares worth $1.30M. The insider RUDDY RAYMOND B sold $531,861. Sands Anita M sold $192,095 worth of ServiceNow Inc (NYSE:NOW) on Wednesday, February 1. July 29 investment analysts at Keefe Bruyette & Woods held the stock rating at "Market Perform" and lowered the price target from $9.50 to $8.80. ServiceNow Inc had 48 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Thursday, April 21 by Robert W. Baird. As per Monday, January 30, the company rating was downgraded by SunTrust. Zacks Investment Research raised shares of Manning & Napier from a sell rating to a hold rating in a research report on Wednesday, March 8th. The company now has a consensus rating of Hold and a consensus target price of $6.25. The firm has "Buy" rating by Argus Research given on Thursday, April 14. The company was initiated on Friday, December 4 by Stifel Nicolaus. The firm earned "Buy" rating on Thursday, June 1 by Canaccord Genuity. Guggenheim initiated ServiceNow Inc (NYSE:NOW) on Thursday, September 15 with "Buy" rating. Its up 0.08, from 0.87 in 2016Q3. It worsened, as 41 investors sold NOW shares while 113 reduced holdings. The SEC filing shows that ZAK ROBERT M performed a purchase of 5,000 shares. Geode Capital Mngmt Ltd Co reported 128,866 shares. 6,772 are held by Capstone Asset Company. The New Jersey-based Bessemer Group Inc has invested 0% in Rice Energy Inc (NYSE:RICE). Donahoe John J bought $1.10M worth of stock. Landscape Management Ltd holds 38,136 shares. 397 were reported by Meeder Asset Management Incorporated.


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