Libbey Inc (NYSEMKT:LBY) Institutional Investor Sentiment Analysis

April 17, 2018 - By Maria Brooks

Libbey Inc. (NYSEAMERICAN:LBY) Logo

Sentiment for Libbey Inc (NYSEMKT:LBY)

Libbey Inc (NYSEMKT:LBY) institutional sentiment decreased to 0.95 in 2017 Q4. Its down -0.02, from 0.97 in 2017Q3. The ratio has dropped, as 39 active investment managers started new and increased stock positions, while 41 trimmed and sold stakes in Libbey Inc. The active investment managers in our partner’s database now hold: 16.90 million shares, down from 17.24 million shares in 2017Q3. Also, the number of active investment managers holding Libbey Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 28 Increased: 26 New Position: 13.

Libbey Inc. designs, produces, and sells tableware and other products worldwide. The company has market cap of $121.16 million. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars, mixing bowls, and washing machine windows. It currently has negative earnings. The firm also provides ceramic dinnerware products comprising plates, bowls, platters, cups, saucers, and other tabletop accessories; metal flatware consisting of knives, forks, spoons, and serving utensils; and metal hollowware, which consists of serving trays, pitchers, and other metal tabletop accessories.

The stock decreased 3.00% or $0.17 during the last trading session, reaching $5.5. About 44,657 shares traded. Libbey Inc. (NYSEMKT:LBY) has declined 62.12% since April 17, 2017 and is downtrending. It has underperformed by 73.67% the S&P500.

Analysts await Libbey Inc. (NYSEAMERICAN:LBY) to report earnings on May, 1. They expect $-0.16 EPS, up 46.67 % or $0.14 from last year’s $-0.3 per share. After $-0.02 actual EPS reported by Libbey Inc. for the previous quarter, Wall Street now forecasts 700.00 % negative EPS growth.

Spitfire Capital Llc holds 2.93% of its portfolio in Libbey Inc. for 881,737 shares. Wynnefield Capital Inc owns 430,000 shares or 1.12% of their US portfolio. Moreover, Brigade Capital Management Lp has 0.45% invested in the company for 1.09 million shares. The United Kingdom-based Marshall Wace Llp has invested 0.12% in the stock. Frontier Capital Management Co Llc, a Massachusetts-based fund reported 1.85 million shares.#img1#

Libbey Inc. (NYSEAMERICAN:LBY) Institutional Positions Chart

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