Platform Specialty Prods Corp (PAH) Shares Declined While Ancora Advisors LLC Increased Its Stake by $3.47 Million

Platform Specialty Products Corporation (NYSE:PAH) Corporate LogoBig Money Sentiment decreased to 0.73 in 2018 Q3. It has change of 0.31, from 2018Q2’s 1.04. The ratio is negative due to PAH positioning: 31 sold and 62 reduced. 28 funds took stakes and 40 increased stakes. Investors holded 247.72 million in 2018Q2 but now own 247.08 million shares or 0.26% less. Oppenheimer Asset Mngmt Incorporated accumulated 31,095 shs. Webster Bank & Trust N A holds 0.1% of its capital in Platform Specialty Products Corporation (NYSE:PAH) for 55,000 shs. Frontier Capital Ltd accumulated 0.12% or 1.55M shs. Moreover, James Investment Rech has 0% invested in Platform Specialty Products Corporation (NYSE:PAH). Glenview Capital Mgmt Lc reported 12.49 million shs stake. Advisory Net Limited Co invested in 418 shs. Ny State Common Retirement Fund holds 0.01% of its capital in Platform Specialty Products Corporation (NYSE:PAH) for 438,600 shs. Moreover, Ardsley Advisory has 0.38% invested in Platform Specialty Products Corporation (NYSE:PAH). State Street accumulated 2.95 million shs. Bares Cap has invested 6.57% of its capital in Platform Specialty Products Corporation (NYSE:PAH). Gabelli Funds Llc accumulated 215,000 shs. Locust Wood Advisers Limited Com invested 0.66% in Platform Specialty Products Corporation (NYSE:PAH). Invesco Ltd invested in 331,749 shs or 0% of the stock. Bluemountain Management Limited Liability Com holds 0.69% or 3.10M shs. Guggenheim Ltd Liability Com holds 37,572 shs or 0% of its capital.

PAH registered $482.60 million net activity with 14 insider buys and 2 sales since August 15, 2018. 12,000 shs were bought by ASHKEN IAN G H, worth $128,960 on Thursday, November 15. On Friday, December 14 FRANKLIN MARTIN E had bought 200,000 shs worth $2.19M. On Sunday, February 3 Pershing Square Capital Management – L.P. sold $474.20 million worth of Platform Specialty Products Corporation (NYSE:PAH). Benson Scot also bought $75,360 worth of Platform Specialty Products Corporation (NYSE:PAH) shs.

Based on the latest 2018Q3 regulatory filing with the SEC, Ancora Advisors Llc increased its holdings in Platform Specialty Prods Corp (PAH) by 17.37%. 289,382 shares were bought by Ancora Advisors Llc as the company’s stock declined 15.06% with the market. The major chemicals company at the end of 2018Q3 was priced at $24.39M. It’s up from 1.67M at the end of the previous reported quarter. Now it had 1.96 million shares held by the hedge fund . $3.24B is Platform Specialty Prods Corp’s MC. Ticker’s shares touched $11.24 during the last trading session after 1.26% change.Platform Specialty Products Corporation is uptrending after having risen 14.94% since February 14, 2018. PAH has 2.52 million volume or 13.00% up from normal. PAH outperformed by 14.94% the S&P500.

According to a filing the Ancora Advisors Llc’s stake in Acco Brands Corp Com (NYSE:ACCO) was decreased by 374,591 shares to 786,454 shares valued at $8.89 million in 2018Q3. It operates about $3.12B and $2.60B US Long portfolio. For a total of 248,385 shares it reduced its holding in Dsw Inc Cl A (NYSE:DSW) by 103,611 shares in the quarter, and has cut its stake in Matthews Intl Corp (NASDAQ:MATW).

For more Platform Specialty Products Corporation (NYSE:PAH) news announced briefly go to: Seekingalpha.com, Seekingalpha.com, Globenewswire.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Platform Specialty Products Corporation (PAH) CEO Rakesh Sachdev on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” announced on November 01, 2018, “Platform Specialty Products Corp 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 01, 2018, “Platform Specialty Products Corporation Announces Date for Release of 2018 Third Quarter Financial Results – GlobeNewswire” with a publish date: October 22, 2018, “Platform Specialty Products Corporation Announces Third Quarter 2018 Financial Results – GlobeNewswire” and the last “Platform Specialty Products’ (PAH) CEO Rakesh Sachdev on Preliminary Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: January 28, 2019.

Platform Specialty Products Corporation (NYSE:PAH) Ratings Coverage

In total 3 analysts cover Platform Specialty (NYSE:PAH). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. 33% are bullish. 3 are the (NYSE:PAH)’s analyst reports since September 19, 2018 according to StockzIntelligence Inc. On Monday, January 14 the firm earned “Hold” rating by SunTrust. The company rating was downgraded by Citigroup on Wednesday, September 19. The stock rating was maintained by Nomura with “Buy” on Monday, October 15.

Platform Specialty Products Corporation (NYSE:PAH) Institutional Investors Chart

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