Prince Street Capital Management Decreased Its Randgold Res LTD (GOLD) Stake; Universal Forest Products (UFPI) Has 1.09 Sentiment

December 20, 2017 - By Darrin Black

Universal Forest Products, Inc., through its subsidiaries, designs, makes, and markets wood and wood-alternative products for home centers and other retailers. The company has market cap of $2.35 billion. The firm offers preserved and unpreserved dimensional lumber; outdoor living products, including wood composite decking, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It has a 21.58 P/E ratio. It also provides roof trusses, lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings; and designs, makes, and installs in-store environments.

Prince Street Capital Management Llc decreased Randgold Res Ltd (GOLD) stake by 24.75% reported in 2017Q2 SEC filing. Prince Street Capital Management Llc sold 93,800 shares as Randgold Res Ltd (GOLD)’s stock rose 4.27%. The Prince Street Capital Management Llc holds 285,200 shares with $25.23 million value, down from 379,000 last quarter. Randgold Res Ltd now has $8.50B valuation. The stock increased 1.36% or $1.28 during the last trading session, reaching $95.65. About 251,270 shares traded. Randgold Resources Limited (NASDAQ:GOLD) has risen 7.63% since December 20, 2016 and is uptrending. It has underperformed by 9.07% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 8 insider sales for $2.26 million activity.

The stock increased 1.40% or $0.53 during the last trading session, reaching $38.34. About 190,437 shares traded. Universal Forest Products, Inc. (UFPI) has risen 12.86% since December 20, 2016 and is uptrending. It has underperformed by 3.84% the S&P500.

Analysts await Universal Forest Products, Inc. (NASDAQ:UFPI) to report earnings on February, 28. They expect $1.28 EPS, up 25.49% or $0.26 from last year’s $1.02 per share. UFPI’s profit will be $78.29M for 7.49 P/E if the $1.28 EPS becomes a reality. After $1.64 actual EPS reported by Universal Forest Products, Inc. for the previous quarter, Wall Street now forecasts -21.95% negative EPS growth.

Covalent Partners Llc holds 11.13% of its portfolio in Universal Forest Products, Inc. for 269,366 shares. Zpr Investment Management owns 21,520 shares or 2.88% of their US portfolio. Moreover, Hillcrest Asset Management Llc has 1.72% invested in the company for 106,858 shares. The Massachusetts-based Copper Rock Capital Partners Llc has invested 1.71% in the stock. Trellus Management Company Llc, a New York-based fund reported 3,356 shares.

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