Potlatch Corp Old Institutional Investor Sentiment Worsened in Q2 2018

October 2, 2018 - By Michael Collier

PotlatchDeltic Corporation (NASDAQ:PCH) Logo

Sentiment for Potlatch Corp Old (NASDAQ:PCH)

Potlatch Corp Old (NASDAQ:PCH) institutional sentiment decreased to 0.88 in 2018 Q2. Its down -1.77, from 2.65 in 2018Q1. The ratio has dropped, as 99 investment managers opened new or increased holdings, while 112 trimmed and sold holdings in Potlatch Corp Old. The investment managers in our partner’s database reported: 51.66 million shares, up from 50.91 million shares in 2018Q1. Also, the number of investment managers holding Potlatch Corp Old in their top 10 holdings decreased from 3 to 2 for a decrease of 1. Sold All: 37 Reduced: 75 Increased: 73 New Position: 26.

Potlatch Corporation operates as a real estate investment trust that owns and manages timberlands located in Arkansas, Idaho, Minnesota and Wisconsin in the United States. The company has market cap of $2.51 billion. The Resource Management Division manages its timberlands, harvests timber, procures other wood fiber, sells logs and leases land for hunting and other recreational activity. It has a 18.59 P/E ratio. The Real Estate Division develops and sells land parcels, as well as invests in timberlands.

The stock decreased 0.22% or $0.09 during the last trading session, reaching $40.02. About 368,213 shares traded. PotlatchDeltic Corporation (NASDAQ:PCH) has declined 0.93% since October 2, 2017 and is downtrending. It has underperformed by 16.55% the S&P500.

Analysts await PotlatchDeltic Corporation (NASDAQ:PCH) to report earnings on October, 22. They expect $0.95 EPS, up 1.06 % or $0.01 from last year’s $0.94 per share. PCH’s profit will be $59.61M for 10.53 P/E if the $0.95 EPS becomes a reality. After $0.75 actual EPS reported by PotlatchDeltic Corporation for the previous quarter, Wall Street now forecasts 26.67 % EPS growth.

Fiduciary Counselling Inc holds 15.1% of its portfolio in PotlatchDeltic Corporation for 81,648 shares. Stevens First Principles Investment Advisors owns 121,423 shares or 3.72% of their US portfolio. Moreover, Capital Growth Management Lp has 2.19% invested in the company for 855,000 shares. The California-based Mosaic Financial Partners Inc. has invested 2.12% in the stock. New Amsterdam Partners Llc Ny, a New York-based fund reported 85,179 shares.

PotlatchDeltic Corporation (NASDAQ:PCH) Ratings Coverage

Ratings analysis reveals 33% of PotlatchDeltic’s analysts are positive. Out of 3 Wall Street analysts rating PotlatchDeltic, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. PCH was included in 3 notes of analysts from May 7, 2018. The stock has “Hold” rating by Vertical Research on Monday, May 7. The stock of PotlatchDeltic Corporation (NASDAQ:PCH) earned “Outperform” rating by RBC Capital Markets on Monday, May 7. The rating was upgraded by DA Davidson to “Neutral” on Monday, May 7.

More news for PotlatchDeltic Corporation (NASDAQ:PCH) were recently published by: Nasdaq.com, which released: “PotlatchDeltic Scheduled to Release Third Quarter 2018 Earnings on October 29, 2018” on October 02, 2018. Nasdaq.com‘s article titled: “PotlatchDeltic Corporation (PCH) Ex-Dividend Date Scheduled for September 13, 2018” and published on September 12, 2018 is yet another important article.

PotlatchDeltic Corporation (NASDAQ:PCH) Institutional Positions Chart

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