PotlatchDeltic Corporation (PCH) Forms Double Top Trading at $52.80

April 16, 2018 - By Daniel Cummings

PotlatchDeltic Corporation (NASDAQ:PCH) Corporate Logo

During 2017 Q4 the big money sentiment increased to 1.54. That’s change of 0.24, from 2017Q3’s 1.3. 16 investors sold all, 62 reduced holdings as PotlatchDeltic Corporation ratio increased. 77 increased stakes while 43 funds amassed stakes. Funds hold 35.45 million shares thus 5.66% more from 2017Q3’s 33.55 million shares.
Amp Invsts Ltd has invested 0% of its capital in PotlatchDeltic Corporation (NASDAQ:PCH). First City Cap reported 0.15% stake. Guggenheim Ltd Company holds 50,265 shs or 0.01% of its capital. Washington Trust Bancorp invested in 0.9% or 123,039 shs. Segall Bryant & Hamill Ltd Company invested 0.15% in PotlatchDeltic Corporation (NASDAQ:PCH). Invesco Limited owns 0% invested in PotlatchDeltic Corporation (NASDAQ:PCH) for 155,014 shs. Stifel Financial Corporation has 0% invested in PotlatchDeltic Corporation (NASDAQ:PCH). International Gru Inc invested 0.02% in PotlatchDeltic Corporation (NASDAQ:PCH). Wellington Mngmt Grp Limited Liability Partnership has 1.74M shs. Royal Natl Bank Of Canada has 152,266 shs for 0% of their capital. Tower Research Cap Ltd Liability Com (Trc) has invested 0.01% in PotlatchDeltic Corporation (NASDAQ:PCH). 1,325 are held by Patten Gp. Bradley Foster Sargent Ct owns 0.05% invested in PotlatchDeltic Corporation (NASDAQ:PCH) for 28,326 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corporation owns 52,500 shs. Brown Advisory invested in 0% or 9,814 shs.

PotlatchDeltic Corporation (PCH) shows double top. It has $57.02 PT and $52.80 stock price. It has $3.31B MC. Finviz.com posted the double top chart on Apr, 16. $265.04 million more could be PCH valuation at $57.02 share price.

The stock increased 0.67% or $0.35 during the last trading session, reaching $52.8.PotlatchDeltic Corporation has volume of 484,367 shares. Since April 16, 2017 PCH has risen 18.14% and is uptrending. The stock outperformed the S&P 500 by 6.59%.

Analysts await PotlatchDeltic Corporation (NASDAQ:PCH) to report earnings on April, 25. They expect $0.69 earnings per share, up 68.29 % or $0.28 from last year’s $0.41 per share. PCH’s profit will be $43.29 million for 19.13 P/E if the $0.69 EPS becomes a reality. After $0.54 actual earnings per share reported by PotlatchDeltic Corporation for the previous quarter, Wall Street now forecasts 27.78 % EPS growth.

PotlatchDeltic Corporation (NASDAQ:PCH) Ratings Coverage

Total analysts of 5 have positions in Potlatch Corp (NASDAQ:PCH) as follows: 1 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 20%. The firm has $55.0 highest while $42.0 is the lowest [Target]. The average target $51.25 is -2.94% below the last ($52.8) price. Since October 19, 2017 according to StockzIntelligence Inc Potlatch Corp has 8 analyst reports. On Wednesday, October 25 Bank of America maintained PotlatchDeltic Corporation (NASDAQ:PCH) rating. Bank of America has “Underperform” rating and $54 target. On Tuesday, January 2 the stock of PotlatchDeltic Corporation (NASDAQ:PCH) has “Neutral” rating given by Bank of America. On Thursday, October 19 the stock of PotlatchDeltic Corporation (NASDAQ:PCH) has “Hold” rating given by RBC Capital Markets. On Monday, January 8 the stock has “Outperform” rating by Raymond James. On Wednesday, January 31 the firm has “Hold” rating given by RBC Capital Markets. In Monday, February 12 report BMO Capital Markets maintained the stock with “Hold” rating. On Friday, October 20 BMO Capital Markets maintained PotlatchDeltic Corporation (NASDAQ:PCH) rating. BMO Capital Markets has “Hold” rating and $42.0 target.

PotlatchDeltic Corporation (NASDAQ:PCH) Institutional Investors Chart

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