Stralem & Co Cut Its Intercontinental Exchange (ICE) Position; Terraform Power – Class A New (TERP) SI Increased By 31.95% | The Hillary HQ


July 12, 2018 – By Mike Johnson

Stralem & Co Inc decreased Intercontinental Exchange Inc (ICE) stake by 17.07% reported in 2018Q1 SEC filing. Stralem & Co Inc sold 49,010 shares as Intercontinental Exchange Inc (ICE)’s stock declined 3.64%. The Stralem & Co Inc holds 238,020 shares with $17.26 million value, down from 287,030 last quarter. Intercontinental Exchange Inc now has $43.23 billion valuation. The stock increased 0.27% or $0.2 during the last trading session, reaching $74.64. About 1.34 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 17.24% since July 12, 2017 and is uptrending. It has outperformed by 4.67% the S&P500. Some Historical ICE News: 29/05/2018 – Intercontinental Exchange Agrees To Acquire TMC Bonds; 19/03/2018 – CBOE BZX U.S. EQUITIES EXCHANGE HAS REVOKED SELF-HELP AGAINST NYSE AMERICAN; 07/05/2018 – NYSE AMERICAN EQUITIES HAS REVOKED SELF-HELP AGAINST CHX; 04/04/2018 – Intercontinental Exchange 1Q Total Futures ADV Rose 4%; 19/03/2018 – NASDAQ PSX REVOKES SELF-HELP AGAINST NYSE AMERICAN; 02/04/2018 – Deals of the day-Mergers and acquisitions; 05/04/2018 – CSE TO BE ACQUIRED BY ICE: TERMS NOT DISCLOSED; 04/04/2018 – ICE FUTURES U.S. – DAILY TRADING LIMIT FOR ALL COTTON NO. 2 FUTURES CONTRACT DELIVERY MONTHS WILL REVERT TO 3 CENTS PER POUND (300 POINTS) ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE; 18/04/2018 – ICE EXCHANGE ICE.N SAYS WILL LAUNCH THREE-MONTH FUTURES CONTRACT BASED ON BANK OF ENGLAND’S “SONIA” RATE ON JUNE 1; 05/04/2018 – Intercontinental Exchange Sees No Material Financial Impact From Deal

Terraform Power Inc – Class A New (NASDAQ:TERP) had an increase of 31.95% in short interest. TERP’s SI was 3.31 million shares in July as released by FINRA. Its up 31.95% from 2.51M shares previously. With 658,700 avg volume, 5 days are for Terraform Power Inc – Class A New (NASDAQ:TERP)’s short sellers to cover TERP’s short positions. The SI to Terraform Power Inc – Class A New’s float is 3.18%. The stock decreased 2.73% or $0.32 during the last trading session, reaching $11.4. About 543,924 shares traded. TerraForm Power, Inc. (NASDAQ:TERP) has risen 7.08% since July 12, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical TERP News: 02/05/2018 – TERRAFORM STILL CONSIDERING REPOWERING WIND FARMS IN NY, HAWAII; 09/03/2018 – TERRAFORM SEEKING LONG-TERM CONTRACTS TO BACK WIND REPOWERINGS; 08/03/2018 – REFILE-TERRAFORM POWER INC – REV FOR 3 MONTHS ENDED DEC 31, 2017 WAS $136 MLN VS $135 MLN – SEC FILING (ADDS DROPPED WORD ‘MLN’); 02/05/2018 – TERRAFORM CEO JOHN STINEBAUGH SPEAKS ON 1Q EARNINGS CALL; 01/05/2018 – TerraForm Power 1Q EPS 56c; 17/04/2018 – Terraform Enterprise Expands Private Install Environments to Include AWS, Azure, GCP, and VMware; 02/05/2018 – TERRAFORM: REPOWERINGS `PREDICATED’ ON OBTAINING L-T CONTRACTS; 01/05/2018 – TERP 1Q EPS 20C EX-IMPACT OF OUTAGES RELATED TO RALEIGH; 08/03/2018 – TERRAFORM POWER FULL-YEAR EPS LOSS $1.65; 08/03/2018 – TERRAFORM POWER INC – NET LOSS PER SHARE FOR 3 MONTHS ENDED DEC 31, 2017 WAS $1.02

Among 4 analysts covering TerraForm Power (NASDAQ:TERP), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. TerraForm Power had 4 analyst reports since March 15, 2018 according to SRatingsIntel. As per Thursday, May 3, the company rating was upgraded by JP Morgan. The rating was downgraded by Goldman Sachs on Thursday, March 15 to “Sell”. The firm has “Buy” rating by J.P. Morgan given on Thursday, May 3.

More recent TerraForm Power, Inc. (NASDAQ:TERP) news were published by: Fool.com which released: “Is TerraForm Power, Inc. a Buy?” on July 02, 2018. Also Nasdaq.com published the news titled: “This High-Yield Stock Just Supercharged Its Growth Plan” on June 13, 2018. Nasdaq.com‘s news article titled: “Mid-Morning Market Update: Markets Edge Higher; Korn/Ferry Beats Q4 Views” with publication date: June 13, 2018 was also an interesting one.

TerraForm Power, Inc., together with its subsidiaries, owns and operates clean power generation assets serving utility and commercial customers. The company has market cap of $2.38 billion. As of June 30, 2017, its portfolio consisted of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with a combined nameplate capacity of 2,606.7 megawatts. It currently has negative earnings. The firm was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014.

Analysts await Intercontinental Exchange, Inc. (NYSE:ICE) to report earnings on August, 2. They expect $0.88 EPS, up 17.33% or $0.13 from last year’s $0.75 per share. ICE’s profit will be $509.73 million for 21.20 P/E if the $0.88 EPS becomes a reality. After $0.90 actual EPS reported by Intercontinental Exchange, Inc. for the previous quarter, Wall Street now forecasts -2.22% negative EPS growth.

Another recent and important Intercontinental Exchange, Inc. (NYSE:ICE) news was published by Twst.com which published an article titled: “ICE – IntercontinentalExchange Inc.: Intercontinental Exchange Reports June and Second Quarter 2018 Statistics” on July 05, 2018.

Among 9 analysts covering Intercontinental Exchange (NYSE:ICE), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Intercontinental Exchange had 10 analyst reports since January 16, 2018 according to SRatingsIntel. Deutsche Bank maintained the shares of ICE in report on Friday, April 6 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Tuesday, January 16. The rating was upgraded by JP Morgan on Tuesday, February 20 to “Overweight”. The rating was maintained by Bank of America with “Buy” on Thursday, February 8. Keefe Bruyette & Woods maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, February 8. Keefe Bruyette & Woods has “Buy” rating and $81.0 target. Keefe Bruyette & Woods maintained it with “Buy” rating and $8200 target in Wednesday, April 11 report. The stock has “Buy” rating by J.P. Morgan on Tuesday, February 20.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.41, from 1.28 in 2017Q4. It is negative, as 45 investors sold ICE shares while 258 reduced holdings. 73 funds opened positions while 191 raised stakes. 486.05 million shares or 2.19% less from 496.95 million shares in 2017Q4 were reported. Eaton Vance Mngmt owns 0.02% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 132,927 shares. Manufacturers Life Insur The has 0.12% invested in Intercontinental Exchange, Inc. (NYSE:ICE). Associated Banc accumulated 3,950 shares. 34,950 are owned by Connor Clark Lunn Inv Mngmt Ltd. Gofen & Glossberg Ltd Liability Company Il holds 82,189 shares or 0.22% of its portfolio. Amica Mutual holds 0.17% or 19,198 shares. Hudock Grp Incorporated Ltd Liability Corp reported 250 shares stake. Cap Sarl invested in 0.79% or 114,000 shares. Telemus Limited Liability Company has invested 0.02% in Intercontinental Exchange, Inc. (NYSE:ICE). Tiverton Asset Mgmt Ltd Limited Liability Company holds 1.1% in Intercontinental Exchange, Inc. (NYSE:ICE) or 217,784 shares. Carroll Financial Associate Inc, a North Carolina-based fund reported 550 shares. San Francisco Sentry Investment Group Incorporated (Ca) holds 1,714 shares. Pinebridge Investments Lp has 289 shares. Principal Grp Inc Incorporated stated it has 0.06% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Shine Inv Advisory Services holds 1,369 shares or 0.05% of its portfolio.

Intercontinental Exchange, Inc. (NYSE:ICE) Institutional Positions Chart

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