The Steelcase Inc. (SCS) Stake Cut by Systematic Financial Management LP

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24 June, 2017

The stock decreased 1.33% or $0.5 during the last trading session, reaching $36.98. It is down 0.00% since June 23, 2016 and is.

Steelcase Inc. was upgraded to " by analysts at Raymond James. SCS's profit will be $22.12M for 18.42 P/E if the $0.19 EPS becomes a reality.

Analysts expect Steelcase Inc. "(SCS) Trading Down 13.5% After Earnings Miss" was reported by Chaffey Breeze and is owned by of Chaffey Breeze. Additionally Steelcase Inc. recently announced a dividend paid on Friday the 14th of April 2017. (NYSE:SCS) to release earnings on June, 28. It has underperformed by 5.55% the S&P500.The move comes after 9 months negative chart setup for the $1.61B company.

The market capitalization of Steelcase Inc.is at $1.67 Billion. Orders in its North American market declined 3 percent, while orders in its EMEA and Other markets increased by 6 percent and 20 percent respectively. It has a 16.04 P/E ratio. The Company's furniture portfolio includes panel-based and freestanding furniture systems and complementary products, such as storage, tables and ergonomic worktools. The company has an Average True Range (ATR) value of 0.59, while a Beta Value of 1.16.

A hedge fund recently raised its stake in Steelcase stock. (NYSE:SCS). Trexquant Investment L P holds 0.34% of its portfolio in Steelcase Inc. Moreover, Vantage Investment Advisors Limited Liability Company has 0.02% invested in Steelcase Inc. (NYSE:SCS) for 628,393 shares. Qs Invsts Limited Liability Com owns 209,098 shares. Alpha Windward Ltd Liability Com reported 0.34% stake. Corporation (NASDAQ:VIRC). Stonebridge Capital invested in 11,995 shares. Lsv Asset Mgmt invested in 0.02% or 552,262 shares.

Receive Steelcase Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steelcase Inc. with MarketBeat.com's FREE daily email newsletter. (NYSE:SCS) for 121 shares. Institutional investors and hedge funds own 65.57% of the company's stock. Public Employees Retirement Association Of Colorado invested 0% of its portfolio in Steelcase Inc. (NYSE:SCS). Creative Planning accumulated 0% or 800 shares. Kennedy Capital Incorporated accumulated 0.12% or 400,470 shares.

Steelcase Inc (NYSE:SCS) shows a Forward Annual Dividend Rate of $0.48 and Trailing Annual Dividend Yield of 2.94% according to MorningStar Inc. Therefore 50% are positive. Voya Financial had 21 analyst reports since August 26, 2015 according to SRatingsIntel.

11/04/2016 - Seaport Global Securities began new coverage on Steelcase Inc. giving the company a " rating. (NYSE:SCS) on Thursday, March 23 to "Strong Buy" rating. The stock of Steelcase Inc. Thompson Siegel And Walmsley Ltd Com holds 2.46M shares. Waste Connections Inc (Put) was reduced too.

Among 13 analysts covering Spectra Energy Corp. Steelcase has a 12 month low of $12.67 and a 12 month high of $18.15. They now have a United States dollars 16 price target on the stock. The firm has "Neutral" rating by Goldman Sachs given on Friday, July 15. The company was downgraded on Tuesday, September 1 by Zacks.

Investors sentiment decreased to 1 in Q4 2016. Its up 0.05, from 0.81 in 2016Q3. It dropped, as 25 investors sold Gartner Inc shares while 141 reduced holdings. 38 funds opened positions while 68 raised stakes. Blackrock Limited stated it has 179,864 shares or 0% of all its holdings. Comerica Fincl Bank has 220,750 shares for 0.03% of their portfolio. (NYSE:SCS) for 16,849 shares. Woodley Farra Manion Portfolio Management accumulated 3.24% or 581,826 shares. Citigroup has invested 0% in BofI Holding, Inc. Walsh Patricia J also bought $98,120 worth of Voya Financial Inc (NYSE:VOYA) shares.

Investors wait Steelcase Inc. Kennedy Capital Mgmt holds 400,470 shares. Lucas holds 0.51% or 7,000 shares in its portfolio.


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