Diana Shipping Inc. (DSX) Forms $3.72 Double Bottom; Simpson Manufacturing Company (SSD) Sellers Increased By 0.14% Their Shorts

Simpson Manufacturing Co., Inc. (NYSE:SSD) Logo

Simpson Manufacturing Company Inc (NYSE:SSD) had an increase of 0.14% in short interest. SSD’s SI was 1.92 million shares in May as released by FINRA. Its up 0.14% from 1.92M shares previously. With 220,600 avg volume, 9 days are for Simpson Manufacturing Company Inc (NYSE:SSD)’s short sellers to cover SSD’s short positions. The SI to Simpson Manufacturing Company Inc’s float is 4.53%. The stock increased 0.04% or $0.03 during the last trading session, reaching $58.61. About 23,118 shares traded. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 36.69% since May 4, 2017 and is uptrending. It has outperformed by 25.14% the S&P500.

Diana Shipping Inc. (DSX) formed double bottom with $3.42 target or 8.00% below today’s $3.72 share price. Diana Shipping Inc. (DSX) has $401.50 million valuation. The stock decreased 0.27% or $0.01 during the last trading session, reaching $3.72. About 60,577 shares traded. Diana Shipping Inc. (NYSE:DSX) has declined 21.78% since May 4, 2017 and is downtrending. It has underperformed by 33.33% the S&P500.

Analysts await Diana Shipping Inc. (NYSE:DSX) to report earnings on May, 22. They expect $-0.12 EPS, up 64.71% or $0.22 from last year’s $-0.34 per share. After $-0.15 actual EPS reported by Diana Shipping Inc. for the previous quarter, Wall Street now forecasts -20.00% EPS growth.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 1 have Buy rating, 2 Sell and 11 Hold. Therefore 7% are positive. Diana Shipping has $8 highest and $2.25 lowest target. $4.46’s average target is 19.89% above currents $3.72 stock price. Diana Shipping had 31 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Monday, June 26. Nordea upgraded Diana Shipping Inc. (NYSE:DSX) on Friday, January 27 to “Buy” rating. The stock of Diana Shipping Inc. (NYSE:DSX) earned “Sell” rating by UBS on Friday, September 4. The rating was downgraded by Wells Fargo on Friday, November 20 to “Market Perform”. The rating was upgraded by ABN Amro to “Sell” on Thursday, April 21. The rating was maintained by Morgan Stanley on Monday, February 12 with “Equal-Weight”. As per Friday, October 20, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, July 18. Deutsche Bank upgraded the stock to “Hold” rating in Friday, August 26 report. The rating was initiated by JP Morgan with “Neutral” on Thursday, October 15.

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. The firm has “Hold” rating by Robert W. Baird given on Thursday, October 19. The company was upgraded on Tuesday, October 31 by DA Davidson. The stock of Simpson Manufacturing Co., Inc. (NYSE:SSD) earned “Outperform” rating by Robert W. Baird on Tuesday, October 31. The rating was downgraded by DA Davidson on Thursday, December 14 to “Hold”. The rating was initiated by Sidoti with “Neutral” on Friday, September 9.

More recent Simpson Manufacturing Co., Inc. (NYSE:SSD) news were published by: Seekingalpha.com which released: “Simpson Manufacturing’s (SSD) CEO Karen Colonias on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. Also Seekingalpha.com published the news titled: “Stocks To Watch: Apple, FOMC And China On Tap” on April 28, 2018. Prnewswire.com‘s news article titled: “Simpson Manufacturing Co., Inc. Announces 2018 First Quarter Financial Results” with publication date: April 30, 2018 was also an interesting one.

Since December 8, 2017, it had 0 insider purchases, and 21 insider sales for $90.92 million activity. Shares for $4.70M were sold by SIMPSON SHARON H. $6.33 million worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) was sold by SIMPSON PSB FUND on Monday, April 16. Dankel Roger sold $76,714 worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) on Tuesday, December 12.

Investors sentiment increased to 1.52 in 2017 Q4. Its up 0.15, from 1.37 in 2017Q3. It improved, as 13 investors sold Simpson Manufacturing Co., Inc. shares while 54 reduced holdings. 45 funds opened positions while 57 raised stakes. 40.58 million shares or 2.61% more from 39.55 million shares in 2017Q3 were reported. Millennium Mgmt Limited Liability reported 0% stake. Great West Life Assurance Can holds 0.01% or 53,528 shares. Aurora Inv Counsel reported 49,780 shares or 1.42% of all its holdings. Moreover, Pnc Fincl Svcs has 0% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 783 shares. Morgan Stanley holds 0% or 156,477 shares in its portfolio. Hanson Mcclain Inc invested in 200 shares or 0% of the stock. Barclays Public Ltd has 0% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD). Strs Ohio reported 107,000 shares. Assetmark holds 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD) or 34 shares. Sei has 2,206 shares for 0% of their portfolio. Panagora Asset stated it has 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD). The Delaware-based Riverhead Cap Mngmt has invested 0.01% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Citigroup owns 21,910 shares for 0% of their portfolio. Aqr Capital Management Lc has invested 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD). The Florida-based Deprince Race And Zollo has invested 0.16% in Simpson Manufacturing Co., Inc. (NYSE:SSD).

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, makes, and sells building construction products. The company has market cap of $2.74 billion. The firm offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications. It has a 30.21 P/E ratio. It also provides wood shrinkage compensating devices; ornamental product line; cold formed steel connections; structural screws for wood, metal, and composite decking applications; and mechanical anchors for use in hollow wall conditions and for overhead applications.

Simpson Manufacturing Co., Inc. (NYSE:SSD) Institutional Positions Chart