Rothschild Asset Management Increased Its Intercontinental Exchange In (ICE) Holding; Beacon Roofing Supply (BECN) Sentiment Is 1.24

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Rothschild Asset Management Inc increased Intercontinental Exchange In (ICE) stake by 2.3% reported in 2018Q3 SEC filing. Rothschild Asset Management Inc acquired 16,813 shares as Intercontinental Exchange In (ICE)’s stock rose 1.19%. The Rothschild Asset Management Inc holds 746,329 shares with $55.89M value, up from 729,516 last quarter. Intercontinental Exchange In now has $43.69 billion valuation. The stock increased 0.95% or $0.72 during the last trading session, reaching $76.85. About 1.32M shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 12.13% since February 13, 2018 and is uptrending. It has outperformed by 12.13% the S&P500. Some Historical ICE News: 18/04/2018 – INTERVIEW-BoE expects big switch from Libor to start in earnest; 16/05/2018 – ICE Futures Europe Emissions Auction Result; 21/05/2018 – NYSE AMERICAN OPTIONS SAYS CURRENTLY INVESTIGATING A REPORTED TECHNICAL ISSUE RELATED TO CERTAIN AMAZON OPTIONS SERIES; 03/05/2018 – Intercontinental Exchange 1Q EPS 79c; 03/05/2018 – ICE 1Q REV LESS TRANSACTION EXP $1.2B, EST. $1.22B; 03/04/2018 – NYSE, Spotify’s market debut, and the Swiss miss; 30/05/2018 – ICE – TRADING IN CO’S INTEREST RATE MARKET INCREASED AMID ONGOING POLITICAL UNCERTAINTY IN EUROPE COUPLED WITH CHANGES TO CENTRAL BANK MONETARY POLICY; 19/03/2018 – CBOE BYX U.S. EQUITIES EXCHANGE HAS DECLARED SELF-HELP AGAINST NYSE AMERICAN; 03/05/2018 – ICE SEES 2Q ADJ. OPERATING EXPENSES $500M TO $510M; 09/04/2018 – Intercontinental Exchange CEO Says Atlanta Has Become a Tech-Centric City (Video)

Beacon Roofing Supply Inc (BECN) investors sentiment decreased to 1.24 in 2018 Q3. It’s down -0.10, from 1.34 in 2018Q2. The ratio fall, as 117 investment managers started new and increased positions, while 94 sold and decreased holdings in Beacon Roofing Supply Inc. The investment managers in our database now possess: 71.09 million shares, down from 71.31 million shares in 2018Q2. Also, the number of investment managers holding Beacon Roofing Supply Inc in top ten positions increased from 4 to 5 for an increase of 1. Sold All: 42 Reduced: 52 Increased: 80 New Position: 37.

Among 9 analysts covering Intercontinental Exchange (NYSE:ICE), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Intercontinental Exchange had 11 analyst reports since September 5, 2018 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Thursday, September 27 report. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Overweight” rating given on Thursday, November 1 by Barclays Capital. Deutsche Bank maintained the shares of ICE in report on Friday, November 16 with “Buy” rating. On Thursday, November 1 the stock rating was maintained by Raymond James with “Outperform”. The company was downgraded on Tuesday, November 20 by Berenberg. Citigroup upgraded the shares of ICE in report on Tuesday, January 22 to “Buy” rating. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Market Perform” rating given on Thursday, November 1 by Wells Fargo. The firm earned “Neutral” rating on Thursday, November 1 by Citigroup. The company was maintained on Friday, November 2 by JP Morgan.

Investors sentiment decreased to 0.91 in Q3 2018. Its down 0.01, from 0.92 in 2018Q2. It dived, as 32 investors sold ICE shares while 260 reduced holdings. 82 funds opened positions while 183 raised stakes. 472.82 million shares or 0.70% less from 476.15 million shares in 2018Q2 were reported. Mason Street Ltd Llc reported 0.13% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Comerica Bank holds 198,541 shares or 0.12% of its portfolio. Price T Rowe Md owns 37.91 million shares for 0.41% of their portfolio. Ameritas Prtnrs reported 10,546 shares. Moreno Evelyn V, a Massachusetts-based fund reported 66,504 shares. Hills Retail Bank And stated it has 1.35% in Intercontinental Exchange, Inc. (NYSE:ICE). Evergreen Limited invested in 0.03% or 4,231 shares. Sit Invest Assocs holds 0.06% or 30,925 shares in its portfolio. Highline Capital Mngmt Limited Partnership invested in 1.15M shares or 3.97% of the stock. Fjarde Ap reported 158,545 shares. D E Shaw & holds 0.33% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 3.69M shares. Aqr Mngmt Limited Liability Company accumulated 1.01 million shares. Whittier Tru Co Of Nevada Inc holds 0% or 315 shares. Alpha Cubed Invests Limited Liability Com holds 0.41% or 47,089 shares. Comml Bank Of Nova Scotia, Ontario – Canada-based fund reported 31,504 shares.

Rothschild Asset Management Inc decreased Discover Finl Svcs (NYSE:DFS) stake by 54,588 shares to 812,526 valued at $62.12 million in 2018Q3. It also reduced Universal Fst Prods Inc (NASDAQ:UFPI) stake by 43,092 shares and now owns 311,270 shares. National Storage Affiliates was reduced too.

More notable recent Intercontinental Exchange, Inc. (NYSE:ICE) news were published by: Finance.Yahoo.com which released: “NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year – Yahoo Finance” on February 11, 2019, also Reuters.com with their article: “NYSE-owner ICE warms to new challenger as profits rise – Reuters” published on February 07, 2019, Businesswire.com published: “Intercontinental Exchange Announces Record Trading Volume for ICE Permian WTI Crude Oil Futures – Business Wire” on January 31, 2019. More interesting news about Intercontinental Exchange, Inc. (NYSE:ICE) were released by: Businesswire.com and their article: “Intercontinental Exchange Announces Several Enhancements to the ICE Permian WTI Crude Oil Futures Contract – Business Wire” published on January 22, 2019 as well as Businesswire.com‘s news article titled: “ICE Endex Announces Results of European Gas Storage Auction For GasTerra – Business Wire” with publication date: January 30, 2019.

Analysts await Beacon Roofing Supply, Inc. (NASDAQ:BECN) to report earnings on February, 14. They expect $0.57 earnings per share, down 16.18% or $0.11 from last year’s $0.68 per share. BECN’s profit will be $39.01M for 15.89 P/E if the $0.57 EPS becomes a reality. After $1.07 actual earnings per share reported by Beacon Roofing Supply, Inc. for the previous quarter, Wall Street now forecasts -46.73% negative EPS growth.

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company has market cap of $2.48 billion. The companyÂ’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. It currently has negative earnings. The Company’s non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products.

The stock decreased 0.19% or $0.07 during the last trading session, reaching $36.22. About 492,205 shares traded. Beacon Roofing Supply, Inc. (BECN) has declined 47.26% since February 13, 2018 and is downtrending. It has underperformed by 47.26% the S&P500. Some Historical BECN News: 20/03/2018 – Beacon Roofing Non-Deal Roadshow Set By SunTrust for Mar. 27; 08/05/2018 – Beacon Roofing Supply Raises Allied Synergy Target to $120M From $110M; 03/05/2018 – Investor Expectations to Drive Momentum within Balchem, Beacon Roofing Supply, Rice Midstream Partners LP, LTC Properties, Ubiq; 08/05/2018 – Beacon Roofing Supply 2Q Loss $66.7M; 18/04/2018 – Beacon Roofing Supply to Announce Second Quarter 2018 Earnings on May 8, 2018; 01/05/2018 – BEACON ROOFING SUPPLY ACQUIRES TRI-STATE BUILDER’S SUPPLY; 08/05/2018 – Beacon Roofing Supply 2Q Loss/Shr $1.07; 06/04/2018 – Beacon Roofing Closes Below 200-Day Moving Average: Technicals; 08/05/2018 – BEACON ROOFING 2Q LOSS/SHR $1.07; 01/05/2018 – Beacon Roofing Supply Announces Acquisition Of Minnesota-Based Tri-State Builder’s Supply

Dudley & Shanley Inc. holds 5.51% of its portfolio in Beacon Roofing Supply, Inc. for 805,210 shares. Spitfire Capital Llc owns 253,903 shares or 4.78% of their US portfolio. Moreover, Daruma Capital Management Llc has 3.18% invested in the company for 933,257 shares. The Wisconsin-based Skylands Capital Llc has invested 2.87% in the stock. Southpoint Capital Advisors Lp, a New York-based fund reported 2.00 million shares.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Positions Chart