Ollie's Bargain Outlet Holdings, Inc. (OLLI) Is At $62.00 Formed Wedge; Anchorage Capital Group Raised By $7.00 Million Its Mbia (Put) (MBI) Stake

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Logo

Ollie's Bargain Outlet Holdings, Inc. (OLLI) formed wedge up with $66.34 target or 7.00% above today’s $62.00 share price. Ollie's Bargain Outlet Holdings, Inc. (OLLI) has $3.86 billion valuation. The stock decreased 1.27% or $0.8 during the last trading session, reaching $62. About 791,491 shares traded or 24.93% up from the average. Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) has risen 77.39% since April 22, 2017 and is uptrending. It has outperformed by 65.84% the S&P500.

Anchorage Capital Group Llc increased Mbia Inc (Put) (MBI) stake by 50% reported in 2017Q4 SEC filing. Anchorage Capital Group Llc acquired 1.00M shares as Mbia Inc (Put) (MBI)’s stock rose 20.44%. The Anchorage Capital Group Llc holds 3.00M shares with $21.96 million value, up from 2.00M last quarter. Mbia Inc (Put) now has $810.18 million valuation. The stock decreased 0.33% or $0.03 during the last trading session, reaching $9.07. About 1.54 million shares traded. MBIA Inc. (NYSE:MBI) has risen 14.09% since April 22, 2017 and is uptrending. It has outperformed by 2.54% the S&P500.

Among 14 analysts covering Ollie's Bargain Outlet Holdings (NASDAQ:OLLI), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Ollie's Bargain Outlet Holdings has $7000 highest and $20 lowest target. $56.15’s average target is -9.44% below currents $62 stock price. Ollie's Bargain Outlet Holdings had 45 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, October 2. Jefferies maintained the stock with “Buy” rating in Thursday, April 7 report. The firm earned “Buy” rating on Tuesday, March 13 by Bank of America. The stock of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) earned “Outperform” rating by RBC Capital Markets on Thursday, September 1. Stephens maintained Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) on Thursday, April 5 with “Buy” rating. JP Morgan maintained Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) rating on Tuesday, April 10. JP Morgan has “Overweight” rating and $68 target. The rating was maintained by RBC Capital Markets on Thursday, August 3 with “Buy”. KeyBanc Capital Markets initiated Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) on Monday, August 10 with “Overweight” rating. RBC Capital Markets initiated it with “Outperform” rating and $23 target in Monday, August 10 report. On Monday, August 10 the stock rating was initiated by Credit Suisse with “Neutral”.

Analysts await Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) to report earnings on May, 30. They expect $0.37 earnings per share, up 48.00% or $0.12 from last year’s $0.25 per share. OLLI’s profit will be $23.02M for 41.89 P/E if the $0.37 EPS becomes a reality. After $0.51 actual earnings per share reported by Ollie's Bargain Outlet Holdings, Inc. for the previous quarter, Wall Street now forecasts -27.45% negative EPS growth.

Among 5 analysts covering MBIA Inc (NYSE:MBI), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. MBIA Inc had 10 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Sell” rating by TheStreet on Friday, August 7. Keefe Bruyette & Woods initiated MBIA Inc. (NYSE:MBI) rating on Monday, February 5. Keefe Bruyette & Woods has “Hold” rating and $7.0 target. BTIG Research maintained MBIA Inc. (NYSE:MBI) on Friday, May 26 with “Buy” rating. The rating was upgraded by M Partners to “Buy” on Tuesday, November 3. As per Wednesday, July 12, the company rating was maintained by BTIG Research. The stock has “Buy” rating by M Partners on Thursday, June 16. Wood initiated it with “Market Perform” rating and $8.50 target in Monday, April 25 report. BTIG Research maintained it with “Buy” rating and $14.0 target in Wednesday, November 8 report.

Since December 19, 2017, it had 1 insider buy, and 0 selling transactions for $362,500 activity. BROWN JOSEPH W also bought $362,500 worth of MBIA Inc. (NYSE:MBI) on Tuesday, December 19.

Investors sentiment decreased to 0.69 in Q4 2017. Its down 0.34, from 1.03 in 2017Q3. It worsened, as 39 investors sold MBI shares while 57 reduced holdings. 31 funds opened positions while 35 raised stakes. 99.70 million shares or 9.54% less from 110.22 million shares in 2017Q3 were reported. Shine Advisory Service Inc owns 4,192 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 6,266 shares or 0% of the stock. Deutsche National Bank Ag holds 0% or 407,429 shares. Point72 Asia (Hong Kong) Limited holds 1,409 shares or 0.01% of its portfolio. Millennium Limited Liability Corporation holds 535,028 shares or 0.01% of its portfolio. Bancshares Of Montreal Can owns 12,525 shares. Trellus Limited Liability owns 85,000 shares. Panagora Asset Mgmt holds 0% of its portfolio in MBIA Inc. (NYSE:MBI) for 16,659 shares. Bnp Paribas Arbitrage reported 38,231 shares. North Star Asset Mngmt Incorporated holds 0.07% or 103,521 shares in its portfolio. Manufacturers Life The reported 68,307 shares. Gabelli Funds Limited Liability Corp owns 68,200 shares or 0% of their US portfolio. Premier Asset Management Limited Liability reported 20,392 shares. Rhumbline Advisers holds 0% of its portfolio in MBIA Inc. (NYSE:MBI) for 113,852 shares. Ameriprise Fincl holds 3.37M shares or 0.01% of its portfolio.

MBIA Inc. (NYSE:MBI) Institutional Positions Chart