Eastman Chemical (NYSE:EMN) Director Sells 4000 Shares of Stock

UBS Asset Management Americas Inc. now owns 1,581,835 shares of the basic materials company's stock worth $146,541,000 after buying an additional 1,137,278 shares in the last quarter. Barclays upped their price target on shares of Eastman Chemical from $100.00 to $108.00 and gave the company an "equal weight" rating in a report on Monday, February 5th. Eastman Chemical had a net margin of 15.44% and a return on equity of 22.02%.

The stock of Eastman Chemical Company (NYSE:EMN) hit a new 52-week high and has $115.85 target or 6.00 % above today's $109.29 share price. 1,731,617 shares of the company's stock traded hands, compared to its average volume of 1,540,000.

Eastman Chemical Company manufactures and sells materials, specialty additives, chemicals, and fibers in the United States and internationally. It has underperformed by 12.65% the S&P500.

Hartford Investment Management Co increased its stake in Henry Schein Inc (HSIC) by 98.82% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 226,123 shares of the prepackaged software company at the end of 2017Q3, valued at $16.84M, down from 234,740 at the end of the previous reported quarter. Marietta Investment Partners Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $538.09 billion market cap company. The stock increased 2.23% or $2.11 during the last trading session, reaching $96.54. King Scott V. had sold 9,883 shares worth $996,437. CSX Corporation (NYSE:CSX) has risen 97.18% since March 11, 2017 and is uptrending. It has outperformed by 16.19% the S&P500.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 32 investors sold EMN shares while 175 reduced holdings. 114 funds opened positions while 708 raised stakes. 115.86 million shares or 0.58% less from 116.54 million shares in 2017Q2 were reported. Deprince Race And Zollo Inc invested in 0.64% or 314,080 shares. The Connecticut-based Conning has invested 0.01% in Eastman Chemical Company (NYSE:EMN).

A number of equities analysts recently issued reports on the company. Cubist Systematic Strategies Ltd Llc reported 12,064 shares. Moreover, Glenmede Tru Na has 0.05% invested in Eastman Chemical Company (NYSE:EMN) for 118,184 shares. Raging Capital Mngmt Limited Liability Com holds 3.62% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 2.85 million shares. Metropolitan Life Insurance Com invested in 0.04% or 68,815 shares. J Goldman L P invested 0.05% in Eastman Chemical Company (NYSE:EMN). Cleararc Inc invested 0.05% in Eastman Chemical Company (NYSE:EMN). Victory Capital Management Inc. raised its holdings in Eastman Chemical by 6,003.3% in the fourth quarter. Asset Mgmt has 13,088 shares for 0.04% of their portfolio. The Missouri-based Kennedy Capital Management Inc. has invested 0.05% in the stock.

Since February 16, 2018, it had 0 buys, and 3 insider sales for $930,912 activity. BOLDEA LUCIAN had sold 3,325 shares worth $315,875.

Among 17 analysts covering Eastman Chemical Company (NYSE:EMN), 9 have Buy rating, 2 Sell and 6 Hold. $435,516 worth of stock was sold by WARMACK DAMON CARY on Wednesday, February 7. RAISBECK DAVID W sold $406,360 worth of stock or 4,000 shares. Jefferies Group reissued a "buy" rating on shares of Eastman Chemical in a research report on Friday. Therefore 53% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by Wells Fargo on Tuesday, February 20. SunTrust maintained the shares of FB in report on Friday, January 12 with "Buy" rating. Cowen & Co maintained it with "Outperform" rating and $92 target in Monday, August 7 report. The company now has a consensus rating of "Buy" and a consensus target price of $103.27. RBC Capital Markets maintained Eastman Chemical Company (NYSE:EMN) on Sunday, July 30 with "Hold" rating. Jefferies has "Buy" rating and $88 target.

Eastman Chemical (NYSE:EMN) last issued its quarterly earnings results on Thursday, February 1st. As per Friday, May 26, the company rating was maintained by Deutsche Bank. The Maryland-based Sandy Spring National Bank has invested 1.99% in Microsoft Corporation (NASDAQ:MSFT). It turned negative, as 56 investors sold CSX shares while 351 reduced holdings. 7 funds opened positions while 23 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. Shares for $2.73 million were sold by Cox Christopher K. $9.75M worth of stock was sold by Sandberg Sheryl on Wednesday, February 14. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 392,136 shares. Payden And Rygel reported 0.01% of its portfolio in CSX Corporation (NASDAQ:CSX). Private Advisor Gru Ltd Limited Liability Company has 8,697 shares for 0.02% of their portfolio. Shannon River Fund Mngmt Lc holds 2.75% or 1.03 million shares in its portfolio. Royal Fincl Bank Of Canada reported 2.35 million shares. Marble Arch Ltd Partnership invested 6.5% in Microsoft Corporation (NASDAQ:MSFT). Apg Asset Nv stated it has 0.23% of its portfolio in CSX Corporation (NASDAQ:CSX). Boothbay Fund Mngmt Llc has 58,932 shares for 0.73% of their portfolio. New York State Teachers Retirement Systems reported 0.06% stake. 4,702 were accumulated by Madden Advisory. Axiom Ltd Liability De has invested 1.47% in Microsoft Corporation (NASDAQ:MSFT). Eight investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 93% are positive. On Friday, December 1 the stock rating was maintained by UBS with "Buy". The rating was maintained by KeyBanc Capital Markets on Monday, January 8 with "Buy". The firm has "Buy" rating by Nomura given on Thursday, April 28. The rating was maintained by Citigroup on Thursday, July 14 with "Buy". The company has market cap of $15.63 billion. The firm has "Hold" rating by Loop Capital given on Thursday, August 4. The company was downgraded on Tuesday, August 2 by RBC Capital Markets. During the same period last year, the firm earned $1.51 earnings per share. analysts expect that Eastman Chemical will post 8.53 earnings per share for the current fiscal year. The basic materials company reported $1.62 EPS for the quarter, topping the Zacks' consensus estimate of $1.06 by $0.56.

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