Philadelphia Financial Management Of San Francisco Cut United Ins Hldgs (UIHC) Stake By $12.45 Million; Obsidian Energy LTD. (OBE) Sellers Decreased By 6.64% Their Shorts
August 16, 2018 - By Mary Bollinger
Philadelphia Financial Management Of San Francisco Llc decreased United Ins Hldgs Corp (UIHC) stake by 53.08% reported in 2018Q1 SEC filing. Philadelphia Financial Management Of San Francisco Llc sold 655,016 shares as United Ins Hldgs Corp (UIHC)’s stock rose 6.81%. The Philadelphia Financial Management Of San Francisco Llc holds 579,082 shares with $11.08M value, down from 1.23M last quarter. United Ins Hldgs Corp now has $907.83 million valuation. The stock increased 0.62% or $0.13 during the last trading session, reaching $21.2. About 48,154 shares traded. United Insurance Holdings Corp. (NASDAQ:UIHC) has risen 30.54% since August 16, 2017 and is uptrending. It has outperformed by 17.97% the S&P500. Some Historical UIHC News: 10/05/2018 – United Insurance Holdings: Reinsurance Pacts Provide Sufficient Coverage for Approximately a Single 1-in-400 Year Event; 08/05/2018 – United Insurance 1Q EPS 20c; 23/04/2018 – DJ United Insurance Holdings Corp, Inst Holders, 1Q 2018 (UIHC); 31/05/2018 – OMAN UNITED INSURANCE SAYS WITH REGARDS TO INSURED’S PROPERTIES, RECEIVING CLAIMS NOTIFICATIONS FROM IN & AROUND SALALAH REGION; 16/03/2018 UNITED INSURANCE HOLDINGS CORP FILES FOR NON-TIMELY 10-K – SEC FILING; 10/05/2018 – United Insurance Holdings: Total Cost of 2018-2019 Catastrophe Reinsurance Program Is About $374M; 31/05/2018 – OMAN UNITED INSURANCE – UPDATES ON IMPACT OF CYCLONE MEKUNU, SAYS THERE ARE NO DAMAGES TO COMPANY’S OWN PROPERTIES; 10/05/2018 – United Insurance Holdings: Reinsurance Pacts Provided More Frequency and Severity Protection; 08/05/2018 – UNITED INSURANCE HOLDINGS CORP QTRLY CORE INCOME PER DILUTED SHARE OF $0.40; 08/05/2018 – United Insurance 1Q Rev $180.1M
Obsidian Energy LTD. (NYSE:OBE) had a decrease of 6.64% in short interest. OBE’s SI was 11.39M shares in August as released by FINRA. Its down 6.64% from 12.20M shares previously. With 1.38M avg volume, 8 days are for Obsidian Energy LTD. (NYSE:OBE)’s short sellers to cover OBE’s short positions. The SI to Obsidian Energy LTD.’s float is 2.57%. The stock increased 3.14% or $0.03 during the last trading session, reaching $0.98. About 301,634 shares traded. Obsidian Energy Ltd. (NYSE:OBE) has declined 24.14% since August 16, 2017 and is downtrending. It has underperformed by 36.71% the S&P500. Some Historical OBE News: 07/03/2018 – Obsidian Energy 4Q Loss C$58M; 06/04/2018 – OBSIDIAN ENERGY SAYS FRONTFOUR WILL NOMINATE 2 DIRECTORS; 10/04/2018 – FUELLED SAYS AGREEMENTS WITH ENCANA AND OBSIDIAN ENERGY TO ACT AS PRIMARY SALES AGENT FOR EACH ORGANIZATION’S SURPLUS OIL AND GAS EQUIPMENT; 06/04/2018 – OBSIDIAN ENERGY – 2 OF FRONTFOUR’S ANNOUNCED DIRECTOR NOMINEES, MICHAEL FAUST & STEPHEN LOUKAS WILL BE INCLUDED IN SLATE OF 10 DIRECTOR NOMINEES; 16/04/2018 – Obsidian Energy Closes Below 200-Day Moving Average: Technicals; 10/04/2018 – Obsidian and Critical Role Announce Collaboration for Pillars of Eternity II: Deadfire; 11/05/2018 – OBSIDIAN ENERGY LTD QTRLY FFO SHR $0.07; 05/04/2018 – Obsidian Energy Access Event Set By AltaCorp for Apr. 10-11; 17/04/2018 – Obsidian Therapeutics Presents Preclinical Data from Regulated Cytokine Programs that Enable CAR-T Therapies with Controllable Functions; 10/04/2018 – Obsidian Energy at Non-Deal Roadshow Hosted By AltaCorp Today
Investors sentiment increased to 1.24 in Q1 2018. Its up 0.17, from 1.07 in 2017Q4. It is positive, as 6 investors sold UIHC shares while 32 reduced holdings. 11 funds opened positions while 36 raised stakes. 13.04 million shares or 3.50% less from 13.51 million shares in 2017Q4 were reported. Goldman Sachs holds 62,249 shares. 210 are held by Howe Rusling Inc. Indexiq Advsr Lc accumulated 103,836 shares. California Public Employees Retirement reported 31,900 shares. Prescott Grp Capital Mgmt Ltd Liability Company stated it has 0.19% of its portfolio in United Insurance Holdings Corp. (NASDAQ:UIHC). Principal Financial Grp Inc holds 0% in United Insurance Holdings Corp. (NASDAQ:UIHC) or 157,296 shares. Franklin Street Nc has 0.06% invested in United Insurance Holdings Corp. (NASDAQ:UIHC). New York State Teachers Retirement stated it has 16,566 shares or 0% of all its holdings. Ameriprise Financial holds 0% of its portfolio in United Insurance Holdings Corp. (NASDAQ:UIHC) for 106,612 shares. State Of Wisconsin Invest Board owns 462,000 shares for 0.03% of their portfolio. Royal State Bank Of Canada reported 0% stake. Guggenheim Cap Ltd Liability Co invested 0% of its portfolio in United Insurance Holdings Corp. (NASDAQ:UIHC). Pnc Serv Gp invested 0% of its portfolio in United Insurance Holdings Corp. (NASDAQ:UIHC). Bnp Paribas Arbitrage, a New York-based fund reported 6,452 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in United Insurance Holdings Corp. (NASDAQ:UIHC) for 1,872 shares.
Another recent and important United Insurance Holdings Corp. (NASDAQ:UIHC) news was published by
Seekingalpha.com which published an article titled: “United Insurance Holdings Corp (UIHC) CEO John Forney on Q2 2018 Results – Earnings Call Transcript” on August 02, 2018.
Analysts await
United Insurance Holdings Corp. (NASDAQ:UIHC) to report earnings on November, 5. They expect $0.28 earnings per share, up 156.00% or $0.78 from last year’s $-0.5 per share. UIHC’s profit will be $11.99M for 18.93 P/E if the $0.28 EPS becomes a reality. After $0.36 actual earnings per share reported by United Insurance Holdings Corp. for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.
Since May 15, 2018, it had 1 buying transaction, and 0 insider sales for $51,355 activity. 2,500 shares valued at $51,355 were bought by
Hogan Michael on Tuesday, May 15.
Obsidian Energy Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company has market cap of $499.01 million. It primarily holds interest in the Cardium Resource Play that covers an area of approximately 400 net sections of developed and undeveloped land located in west central Alberta; Peace River Resource Play covering an area of 235 net sections of developed and undeveloped land located in northwestern Alberta; and Viking Resource Play that covers an area of approximately 170 net sections of developed and undeveloped land located in north-central Alberta. It currently has negative earnings. The firm was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017.
More recent Obsidian Energy Ltd. (NYSE:OBE) news were published by:
Seekingalpha.com which released: “Obsidian: Priced Below Conservative Liquidation Value” on July 30, 2018. Also
Seekingalpha.com published the news titled: “Obsidian Energy Ltd. (OBE) CEO David French on Q2 2018 Results – Earnings Call Transcript” on August 02, 2018.
Fool.ca‘s news article titled: “Will Obsidian Energy Ltd. (TSX:OBE) Ever Unlock Value for Investors?” with publication date: August 13, 2018 was also an interesting one.