Is Corecivic (CXW) Stock a Sell after Harley Lappin's Insider Trade?, Independent Franchise …

Is Corecivic (CXW) Stock a Sell after Harley Lappin's Insider Trade?, Independent Franchise …

The well informed man Harley Lappin who is EVP – Chief Corrections Officer of Corecivic Inc sold 10,000 shares of the Pinksheet-listed company worth near $324,568 U.S. Dollars calculated based on $32.5 a share. Harley is trying to silently decrease his company’s share, same as he did in the last month. He sold another 9,000 shares worth $287,501 USD. Harley Lappin currently owns 51,846 shares or 0.04% of Corecivic Inc’s market cap (share price times the number of shares outstanding).

Independent Franchise Partners Llp decreased Harley Davidson Inc (HOG) stake by 35.47% reported in 2016Q4 SEC filing. Independent Franchise Partners Llp sold 3.10 million shares as Harley Davidson Inc (HOG)’s stock declined 3.06%. The Independent Franchise Partners Llp holds 5.64 million shares with $329.22 million value, down from 8.75M last quarter. Harley Davidson Inc now has $10.51 billion valuation. The stock declined 0.20% or $0.12 reaching $60.06 per share. About 1.04M shares traded. Harley-Davidson Inc (NYSE:HOG) has risen 12.44% since August 18, 2016 and is uptrending. It has outperformed by 5.26% the S&P500.

Analysts await Harley-Davidson Inc (NYSE:HOG) to report earnings on April, 18. They expect $0.99 EPS, down 27.21% or $0.37 from last year’s $1.36 per share. HOG’s profit will be $173.24M for 15.17 P/E if the $0.99 EPS becomes a reality. After $0.27 actual EPS reported by Harley-Davidson Inc for the previous quarter, Wall Street now forecasts 266.67% EPS growth.

Independent Franchise Partners Llp increased Philip Morris Intl Inc (NYSE:PM) stake by 761,296 shares to 6.86 million valued at $628.04M in 2016Q4. It also upped Accenture Plc Ireland (NYSE:ACN) stake by 40,563 shares and now owns 5.54M shares. Reynolds American Inc (NYSE:RAI) was raised too.

Investors sentiment increased to 0.8 in Q4 2016. Its up 0.01, from 0.79 in 2016Q3. It improved, as 45 investors sold HOG shares while 176 reduced holdings. 56 funds opened positions while 121 raised stakes. 151.02 million shares or 4.85% less from 158.72 million shares in 2016Q3 were reported. Riggs Asset Managment Communication holds 0% of its portfolio in Harley-Davidson Inc (NYSE:HOG) for 60 shares. Pittenger And Anderson owns 930 shares for 0.01% of their portfolio. Bb&T stated it has 0% of its portfolio in Harley-Davidson Inc (NYSE:HOG). Janney Montgomery Scott Limited Co stated it has 3,786 shares or 0% of all its holdings. Lsv Asset Mngmt invested in 3.92 million shares or 0.42% of the stock. Moreover, Keybank National Association Oh has 0% invested in Harley-Davidson Inc (NYSE:HOG) for 9,525 shares. Planning holds 0.02% or 3,587 shares in its portfolio. 200 were accumulated by Apriem Advsr. Blackrock Group Inc reported 0.04% stake. Lba Wealth Mngmt Ltd Liability Corporation owns 33 shares for 0% of their portfolio. Moreover, Renaissance Lc has 0.04% invested in Harley-Davidson Inc (NYSE:HOG). Cornerstone Advsr Incorporated has invested 0% in Harley-Davidson Inc (NYSE:HOG). 63 were accumulated by Mcf Limited Liability. Arrow Inv Advsrs Ltd Liability Co holds 0.37% of its portfolio in Harley-Davidson Inc (NYSE:HOG) for 24,123 shares. Sun Life owns 6 shares.

Since November 2, 2016, it had 0 insider purchases, and 8 selling transactions for $13.80 million activity. JAMES DONALD A sold $5.61 million worth of Harley-Davidson Inc (NYSE:HOG) on Wednesday, November 2. HUND LAWRENCE G sold $1.70 million worth of stock. The insider Rocker Tchernavia sold $78,696. 3,394 shares were sold by Jones Paul J, worth $195,134. $51,927 worth of Harley-Davidson Inc (NYSE:HOG) shares were sold by BISCHMANN JOANNE M. 3,049 shares were sold by Kumbier Michelle, worth $172,464.

Among 20 analysts covering Harley-Davidson (NYSE:HOG), 3 have Buy rating, 1 Sell and 16 Hold. Therefore 15% are positive. Harley-Davidson had 47 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Thursday, February 4. On Wednesday, October 21 the stock rating was downgraded by JP Morgan to “Neutral”. The stock has “Underperform” rating by RBC Capital Markets on Wednesday, October 19. As per Thursday, January 28, the company rating was maintained by Wunderlich. As per Wednesday, July 6, the company rating was downgraded by Robert W. Baird. As per Thursday, September 15, the company rating was maintained by UBS. The rating was maintained by Wunderlich with “Hold” on Tuesday, October 20. The company was initiated on Friday, March 11 by Sterne Agee CRT. The firm earned “Neutral” rating on Wednesday, March 15 by Longbow. The rating was maintained by Stifel Nicolaus on Wednesday, October 21 with “Buy”.

Among 3 analysts covering Corrections Corp (NYSE:CXW), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Corrections Corp has $34 highest and $17 lowest target. $24.67’s average target is -21.81% below currents $31.55 stock price. Corrections Corp had 12 analyst reports since November 6, 2015 according to SRatingsIntel. As per Friday, July 1, the company rating was downgraded by Suntrust Robinson. The rating was upgraded by SunTrust on Wednesday, October 12 to “Buy”. The rating was maintained by SunTrust with “Neutral” on Thursday, September 1. Canaccord Genuity maintained it with “Hold” rating and $22 target in Friday, November 11 report. Suntrust Robinson maintained Corecivic Inc (NYSE:CXW) on Thursday, September 1 with “Neutral” rating. The stock of Corecivic Inc (NYSE:CXW) has “Hold” rating given on Thursday, October 20 by Canaccord Genuity. Canaccord Genuity maintained the stock with “Buy” rating in Friday, February 10 report. The stock of Corecivic Inc (NYSE:CXW) earned “Buy” rating by Canaccord Genuity on Monday, December 12. The firm earned “Hold” rating on Friday, August 5 by Canaccord Genuity. On Tuesday, March 22 the stock rating was maintained by Canaccord Genuity with “Hold”.

Analysts await Corecivic Inc (NYSE:CXW) to report earnings on May, 3. They expect $0.56 EPS, down 6.67% or $0.04 from last year’s $0.6 per share. CXW’s profit will be $64.25 million for 14.08 P/E if the $0.56 EPS becomes a reality. After $0.72 actual EPS reported by Corecivic Inc for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

The stock decreased 0.63% or $0.2 during the last trading session, reaching $31.55. About 1.42M shares traded. Corecivic Inc (NYSE:CXW) has risen 80.71% since August 18, 2016 and is uptrending. It has outperformed by 73.53% the S&P500.

CoreCivic, Inc., formerly Corrections Corporation of America, is a real estate investment trust . The company has market cap of $3.62 billion. The Firm provides a range of solutions to government partners that serve the public good through corrections and detention management, government real estate solutions, and a network of residential reentry centers to help address America’s recidivism crisis. It has a 16.9 P/E ratio. In addition to providing fundamental residential services, the Company’s facilities offer a range of rehabilitation and educational programs, including basic education, faith services, life skills and employment training, and substance abuse treatment.

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Published at Mon, 27 Mar 2017 20:37:30 +0000

Craig Ballantyne

I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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