Manning & Napier Inc (NYSE:MN) Q4 2017 Institutional Investor Sentiment Steady

April 17, 2018 - By Darrin Black

Manning & Napier, Inc. (NYSE:MN) Logo

Sentiment for Manning & Napier Inc (NYSE:MN)

Manning & Napier Inc (NYSE:MN) institutional sentiment increased to 1.09 in Q4 2017. Its up 0.39, from 0.7 in 2017Q3. The ratio improved, as 24 active investment managers opened new or increased equity positions, while 22 cut down and sold positions in Manning & Napier Inc. The active investment managers in our partner’s database now own: 8.02 million shares, up from 7.63 million shares in 2017Q3. Also, the number of active investment managers holding Manning & Napier Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 17 Increased: 13 New Position: 11.

Manning & Napier, Inc. is publicly owned investment manager. The company has market cap of $277.18 million. It provides its services to net worth individuals and institutions, including 401 plans, pension plans, taft-hartley plans, endowments and foundations. It has a 14.11 P/E ratio. The firm manages separate client-focused equity and fixed income portfolios.

The stock increased 4.48% or $0.15 during the last trading session, reaching $3.5. About 41,196 shares traded. Manning & Napier, Inc. (NYSE:MN) has declined 35.14% since April 17, 2017 and is downtrending. It has underperformed by 46.69% the S&P500.

Analysts await Manning & Napier, Inc. (NYSE:MN) to report earnings on May, 2. They expect $0.06 EPS, down 53.85 % or $0.07 from last year’s $0.13 per share. MN’s profit will be $4.75 million for 14.58 P/E if the $0.06 EPS becomes a reality. After $0.04 actual EPS reported by Manning & Napier, Inc. for the previous quarter, Wall Street now forecasts 50.00 % EPS growth.

Vnbtrust National Association holds 0.86% of its portfolio in Manning & Napier, Inc. for 410,224 shares. Mendon Capital Advisors Corp owns 903,497 shares or 0.31% of their US portfolio. Moreover, Menta Capital Llc has 0.18% invested in the company for 253,725 shares. The Virginia-based Yorktown Management & Research Co Inc has invested 0.13% in the stock. Ancora Advisors Llc, a Us-based fund reported 187,000 shares.#img1#

Manning & Napier, Inc. (NYSE:MN) Ratings Coverage

Ratings analysis reveals 0 of Manning & Napier’s analysts are positive. Out of 2 Wall Street analysts rating Manning & Napier, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MN was included in 2 notes of analysts from November 3, 2017. The stock of Manning & Napier, Inc. (NYSE:MN) has “Hold” rating given on Friday, November 3 by Needham. The stock of Manning & Napier, Inc. (NYSE:MN) earned “Hold” rating by Keefe Bruyette & Woods on Friday, November 10.

Manning & Napier, Inc. (NYSE:MN) Institutional Positions Chart

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