Cypress Energy Partners, L.P. (CELP) Forms $6.43 Double Bottom; Westwood Holdings Group Has Lifted Hanesbrands (HBI) Holding By $9.61 Million

Hanesbrands Inc. (NYSE:HBI) Logo

Cypress Energy Partners, L.P. (CELP) formed double bottom with $5.92 target or 8.00% below today’s $6.43 share price. Cypress Energy Partners, L.P. (CELP) has $76.56M valuation. The stock decreased 0.31% or $0.02 during the last trading session, reaching $6.43. About 5,210 shares traded. Cypress Energy Partners, L.P. (NYSE:CELP) has declined 30.15% since April 24, 2017 and is downtrending. It has underperformed by 41.70% the S&P500.

Westwood Holdings Group Inc increased Hanesbrands Inc (HBI) stake by 30.12% reported in 2017Q4 SEC filing. Westwood Holdings Group Inc acquired 480,357 shares as Hanesbrands Inc (HBI)’s stock declined 7.94%. The Westwood Holdings Group Inc holds 2.08M shares with $43.39 million value, up from 1.59M last quarter. Hanesbrands Inc now has $6.57B valuation. The stock increased 5.87% or $1.01 during the last trading session, reaching $18.22. About 10.82 million shares traded or 56.21% up from the average. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since April 24, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Analysts await Cypress Energy Partners, L.P. (NYSE:CELP) to report earnings on May, 10. They expect $0.08 EPS, up 233.33% or $0.14 from last year’s $-0.06 per share. CELP’s profit will be $952,523 for 20.09 P/E if the $0.08 EPS becomes a reality. After $0.25 actual EPS reported by Cypress Energy Partners, L.P. for the previous quarter, Wall Street now forecasts -68.00% negative EPS growth.

Among 4 analysts covering Cypress Energy Partners (NYSE:CELP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Cypress Energy Partners has $13 highest and $600 lowest target. $8.67’s average target is 34.84% above currents $6.43 stock price. Cypress Energy Partners had 18 analyst reports since August 14, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Cypress Energy Partners, L.P. (NYSE:CELP) on Thursday, June 22 with “Hold” rating. The firm has “Neutral” rating given on Tuesday, December 20 by Janney Capital. The firm earned “Hold” rating on Friday, March 17 by Stifel Nicolaus. Robert W. Baird downgraded Cypress Energy Partners, L.P. (NYSE:CELP) on Tuesday, February 16 to “Neutral” rating. The stock of Cypress Energy Partners, L.P. (NYSE:CELP) has “Hold” rating given on Friday, November 17 by Robert W. Baird. The stock of Cypress Energy Partners, L.P. (NYSE:CELP) has “Market Perform” rating given on Monday, August 15 by Raymond James. The rating was maintained by Robert W. Baird on Tuesday, September 26 with “Hold”. The company was maintained on Tuesday, August 22 by Robert W. Baird. The company was maintained on Thursday, October 5 by Stifel Nicolaus. Stifel Nicolaus upgraded it to “Buy” rating and $10.50 target in Wednesday, September 28 report.

Investors sentiment increased to 11 in Q4 2017. Its up 8.50, from 2.5 in 2017Q3. It increased, as 1 investors sold Cypress Energy Partners, L.P. shares while 0 reduced holdings. 7 funds opened positions while 4 raised stakes. 326,366 shares or 304.87% more from 80,610 shares in 2017Q3 were reported. Bancorp Of America De has 0% invested in Cypress Energy Partners, L.P. (NYSE:CELP) for 3,200 shares. Perigon Wealth Mgmt Ltd Company holds 0% or 334 shares in its portfolio. Morgan Stanley holds 6,443 shares. Raymond James Associates reported 32,400 shares. Virtu Financial Ltd Company holds 0% of its portfolio in Cypress Energy Partners, L.P. (NYSE:CELP) for 10,677 shares. Gsa Partners Limited Liability Partnership invested in 0.01% or 15,499 shares. Deutsche Bancorp Ag owns 31,799 shares or 0% of their US portfolio. Moreover, Wells Fargo & Communication Mn has 0% invested in Cypress Energy Partners, L.P. (NYSE:CELP). Renaissance Tech Ltd Liability Com holds 0% or 16,300 shares in its portfolio.

Among 21 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Hanesbrands had 61 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley. The company was downgraded on Wednesday, October 12 by Cowen & Co. Wells Fargo maintained the shares of HBI in report on Friday, February 9 with “Market Perform” rating. The stock has “Buy” rating by Nomura on Monday, January 11. The rating was upgraded by CL King to “Buy” on Monday, December 12. On Friday, February 3 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was initiated on Monday, April 2 by Macquarie Research. The stock of Hanesbrands Inc. (NYSE:HBI) has “Equal-Weight” rating given on Monday, August 7 by Morgan Stanley. The firm has “Buy” rating given on Friday, February 3 by UBS. The company was maintained on Thursday, August 4 by Citigroup.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It turned negative, as 75 investors sold HBI shares while 173 reduced holdings. 79 funds opened positions while 197 raised stakes. 337.77 million shares or 0.93% more from 334.65 million shares in 2017Q3 were reported. Salzhauer Michael holds 0.08% or 10,000 shares in its portfolio. Burney invested in 37,434 shares. Foundation Resources reported 16,697 shares. Ellington Management Grp Ltd Liability Corporation has invested 0.55% in Hanesbrands Inc. (NYSE:HBI). Kentucky Retirement Trust Fund has invested 0.03% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Contravisory Invest Management Incorporated stated it has 10,191 shares or 0.08% of all its holdings. Hartford Invest Co stated it has 142,577 shares or 0.06% of all its holdings. The Illinois-based Guggenheim Llc has invested 0.08% in Hanesbrands Inc. (NYSE:HBI). 1.58 million were reported by Clearbridge Limited Liability Corp. Scotia Capital reported 0% in Hanesbrands Inc. (NYSE:HBI). Bahl & Gaynor Inc accumulated 29,502 shares or 0.01% of the stock. Davenport Limited Liability holds 0.01% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 21,571 shares. Bank Of The West accumulated 0.25% or 94,809 shares. 92 were accumulated by Hudock Cap Group Inc Ltd. Advantus Mngmt Incorporated holds 0.02% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 36,940 shares.

Westwood Holdings Group Inc decreased Credicorp Ltd Com (NYSE:BAP) stake by 73,096 shares to 319,159 valued at $66.20 million in 2017Q4. It also reduced Hormel Foods Corp (NYSE:HRL) stake by 18,518 shares and now owns 2.69M shares. Energy Transfer Partners Lp was reduced too.

Since February 15, 2018, it had 0 insider purchases, and 1 sale for $1.07 million activity. Upchurch W Howard Jr sold $1.07 million worth of Hanesbrands Inc. (NYSE:HBI) on Thursday, February 15.

Cypress Energy Partners, L.P. (NYSE:CELP) Institutional Positions Chart