Westlake Chemical Corporation (WLK)

Leading up to this report, we have seen a -0.46% fall in the stock price over the last 30 days and a 8.75% increase over the past 3 months. About 1.33M shares traded or 63.38% up from the average. The stock decreased 1.22% or $1.33 during the last trading session, reaching $107.44. Westlake Chemical Corporation (NYSE:WLK) has risen 45.05% since January 19, 2017 and is uptrending. It has outperformed by 5.13% the S&P500. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The institutional investor held 801,028 shares of the energy company at the end of 2017Q3, valued at $9.21 million, up from 647,115 at the end of the previous reported quarter.

Robert Polak decreased its stake in Westlake Chem Corp (WLK) by 45.56% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 0.06% or $0.05 during the last trading session, reaching $79.4. Horizon Kinetics Lc accumulated 4,851 shares. The company was maintained on Tuesday, June 7 by Wunderlich. It has underperformed by 41.10% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 1 sale for $968,620 activity. The insider, BENDER MARK STEVEN, now holds 24,067 shares of WLK. Advisors Asset Management Inc. lifted its holdings in shares of Westlake Chemical by 162.8% in the 2nd quarter. It also reduced Center Coast Mlp & Infrstr F (CEN) stake by 37,599 shares and now owns 188,909 shares. Houghton Mifflin Harcourt Co (NASDAQ:HMHC) was raised too. The specialty chemicals company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.39 by $0.26. They expect $1.64 EPS, up 88.51% or $0.77 from last year's $0.87 per share. WLKP's profit would be $13.86 million giving it 14.16 P/E if the $0.43 EPS is correct. Westlake Chemical had a return on equity of 15.59% and a net margin of 7.74%. sell-side analysts anticipate that Westlake Chemical will post 5.54 earnings per share for the current fiscal year. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 77% are positive. Oasis Petroleum Inc. had 137 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with "Outperform". RBC Capital Markets maintained it with "Buy" rating and $7800 target in Monday, June 5 report. (NYSE:OAS), 20 have Buy rating, 0 Sell and 15 Hold. As per Thursday, August 3, the company rating was maintained by Alembic. The stock has "Buy" rating by SunTrust on Wednesday, June 15. Piper Jaffray maintained the stock with "Hold" rating in Thursday, November 9 report. The stock of Westlake Chemical Corporation (NYSE:WLK) earned "Buy" rating by RBC Capital Markets on Monday, June 5. Cowen increased their price target on Westlake Chemical from $78.00 to $92.00 and gave the company an "outperform" rating in a report on Tuesday, October 10th. Bank of America maintained Westlake Chemical Corporation (NYSE:WLK) on Wednesday, November 8 with "Neutral" rating. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.59 and a current ratio of 2.31.

Investors also need to beware of the Westlake Chemical Corporation (NYSE:WLK) valuations.


A number of hedge funds and other institutional investors have recently made changes to their positions in WLK. (NYSE:OAS). Proshare Advsrs Limited Liability holds 35,803 shares or 0% of its portfolio. (NYSE:OAS). Wolverine Asset Management Limited Liability Company owns 0% invested in Oasis Petroleum Inc. Tci Wealth Inc reported 20,106 shares.

A number of research analysts have recently issued reports on WLK shares. Lsv Asset Management owns 185,934 shares. Cantab Prns Llp stated it has 4,331 shares or 0.05% of all its holdings. Tortoise Capital Advisors L.L.C. now owns 1,360 shares of the specialty chemicals company's stock worth $113,000 after buying an additional 1,339 shares during the last quarter. After the latest check-in, company stock is -3.68% off of the 50 day high and 29.73% away from the 50 day low price.

Westlake Chemical Corporation (NYSE:WLK) last issued its quarterly earnings data on Tuesday, November 8th. Ameritas Prns Incorporated invested 0.03% in Westlake Chemical Corporation (NYSE:WLK). Clinton Grp holds 0.12% of its portfolio in Westlake Chemical Corporation (NYSE:WLK) for 13,044 shares. Bradley Foster Sargent Ct reported 0.05% of its portfolio in Westlake Chemical Corporation (NYSE:WLK). The company has market cap of $1.20 billion. (NASDAQ:AAPL) to report earnings on January, 30. AAPL's profit will be $19.08B for 11.75 P/E if the $3.75 EPS becomes a reality. The firm offers various individual insurance services and products, including life, car, leisure vehicle, home, mortgage, critical illness, disability, personal accident, and other group insurance products; and residential mortgage loans, registered retirement savings plan loans, registered education savings plan (RESP) loans, auto loans, and investment loans. The stock was sold at an average price of $98.50, for a total transaction of $263,389.00. The company was maintained on Tuesday, August 25 by Nomura. The rating was maintained by Oppenheimer on Tuesday, August 8 with "Buy". There were 26 sold out positions, amounting to 1.75 million shares. $20.03 million worth of stock was sold by MERLO LARRY J on Wednesday, August 23.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.23, from 1.15 in 2017Q2. Moreover, Price Michael F has 2.59% invested in the company for 225,000 shares. 34 funds opened positions while 118 raised stakes. Comerica National Bank & Trust stated it has 0.03% in WPX Energy, Inc. Jag Cap Limited Liability has invested 0.65% of its portfolio in Apple Inc.

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