Breaking: B. Riley FBR Reaffirms $13.5 PT On HC2 Holdings (AMEX:HCHC) Shares, Reaffirms Their Original Buy Rating

May 11, 2018 - By Margaret Downey

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.35, from 0.88 in 2017Q3. It improved, as 6 investors sold HC2 Holdings, Inc. shares while 20 reduced holdings. 11 funds opened positions while 21 raised stakes. 24.73 million shares or 1.30% more from 24.41 million shares in 2017Q3 were reported.

Menta Cap Ltd Liability Co reported 392,432 shares. Bridgeway Capital Incorporated reported 0.02% in HC2 Holdings, Inc. (NYSE:HCHC). Rhumbline Advisers reported 0% in HC2 Holdings, Inc. (NYSE:HCHC). Steel Prns Holdg L P holds 2.37% of its portfolio in HC2 Holdings, Inc. (NYSE:HCHC) for 1.00M shares. Guggenheim Capital Limited Com invested 0% in HC2 Holdings, Inc. (NYSE:HCHC). Geode Cap Mngmt Limited Liability Corp reported 0% of its portfolio in HC2 Holdings, Inc. (NYSE:HCHC). Blackrock Incorporated reported 1.95M shares or 0% of all its holdings. Credit Suisse Ag reported 0% stake. Deutsche Fincl Bank Ag invested 0% in HC2 Holdings, Inc. (NYSE:HCHC). 1.47 million were accumulated by Jpmorgan Chase Co. 15,000 are held by First Manhattan Communications. Goldman Sachs Gp invested in 60,451 shares or 0% of the stock. California Public Employees Retirement accumulated 140,400 shares. Moreover, Amer Financial has 0.64% invested in HC2 Holdings, Inc. (NYSE:HCHC). Metropolitan Life Ins accumulated 0% or 8,912 shares.

Since March 16, 2018, it had 1 buy, and 0 insider sales for $1.07 million activity.

HC2 Holdings (AMEX:HCHC) Rating Reaffirmed

In a report published this morning, B. Riley FBR maintained their Buy rating on HC2 Holdings (AMEX:HCHC) shares. The target indicates a possible upside of 111.93 % from firm’s current price.

The stock increased 0.16% or $0.01 during the last trading session, reaching $6.37. About 395,992 shares traded or 64.54% up from the average. HC2 Holdings, Inc. (AMEX:HCHC) has declined 12.44% since May 12, 2017 and is downtrending. It has underperformed by 23.99% the S&P500.

HC2 Holdings, Inc. engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company has market cap of $283.88 million. The firm fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It currently has negative earnings. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products.

More important recent HC2 Holdings, Inc. (NYSE:HCHC) news were published by: Globenewswire.com which released: “HC2 Holdings Reports First Quarter 2018 Results” on May 10, 2018, also Streetinsider.com published article titled: “Pre-Open Movers 05/02: (HCHC) (LITE) (AAPL) Higher; (ESPR) (SNAP) (SSYS) Lower (more…)”, Bizjournals.com published: “Md. biotech to be acquired by New Jersey pharmaceutical goliath” on May 08, 2018. More interesting news about HC2 Holdings, Inc. (NYSE:HCHC) was released by: Streetinsider.com and their article: “HC2 Holdings (HCHC) Says Pansend Life Sciences Portfolio Company BeneVir Biopharm to be Acquired by Janssen …” with publication date: May 02, 2018.

HC2 Holdings, Inc. (NYSE:HCHC) Institutional Positions Chart

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