Matthews International (MATW) Forms $53.95 Double Bottom; Nuveen California Select Tax Free Income Portfolio (NXC) Has 3 Sentiment

The stock decreased 0.28% or $0.04 during the last trading session, reaching $14.19. About 7,216 shares traded. Nuveen California Select Tax-Free Income Portfolio (NXC) has declined 1.85% since March 14, 2017 and is downtrending. It has underperformed by 18.55% the S&P500.

Matthews International Corporation (MATW) formed double bottom with $49.63 target or 8.00% below today’s $53.95 share price. Matthews International Corporation (MATW) has $1.74B valuation. The stock decreased 0.74% or $0.4 during the last trading session, reaching $53.95. About 171,125 shares traded. Matthews International Corporation (NASDAQ:MATW) has risen 24.80% since March 14, 2017 and is uptrending. It has outperformed by 8.10% the S&P500.

Bank Of America Corp De holds 0% of its portfolio in Nuveen California Select Tax-Free Income Portfolio for 15,117 shares. Citigroup Inc owns 2,207 shares or 0% of their US portfolio. Moreover, Lpl Financial Llc has 0% invested in the company for 11,660 shares. The New York-based Morgan Stanley has invested 0% in the stock. Reilly Financial Advisors Llc, a California-based fund reported 1,256 shares.

Among 3 analysts covering Matthews International (NASDAQ:MATW), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Matthews International has $92 highest and $64 lowest target. $82.67’s average target is 53.23% above currents $53.95 stock price. Matthews International had 7 analyst reports since August 3, 2015 according to SRatingsIntel. Macquarie Research maintained Matthews International Corporation (NASDAQ:MATW) rating on Thursday, September 22. Macquarie Research has “Neutral” rating and $64 target. Macquarie Research upgraded the stock to “Outperform” rating in Wednesday, July 5 report. Macquarie Research downgraded the shares of MATW in report on Wednesday, November 4 to “Neutral” rating. Wunderlich maintained the stock with “Buy” rating in Friday, July 29 report. The stock of Matthews International Corporation (NASDAQ:MATW) has “Buy” rating given on Monday, November 21 by Wunderlich.

Analysts await Matthews International Corporation (NASDAQ:MATW) to report earnings on April, 26. They expect $0.89 earnings per share, up 5.95% or $0.05 from last year’s $0.84 per share. MATW’s profit will be $28.74M for 15.15 P/E if the $0.89 EPS becomes a reality. After $0.64 actual earnings per share reported by Matthews International Corporation for the previous quarter, Wall Street now forecasts 39.06% EPS growth.

Since January 30, 2018, it had 3 insider purchases, and 0 insider sales for $308,071 activity. On Wednesday, January 31 Marsh Robert M bought $89,571 worth of Matthews International Corporation (NASDAQ:MATW) or 1,615 shares. $52,000 worth of Matthews International Corporation (NASDAQ:MATW) was bought by GARCIA TUNON ALVARO on Monday, February 5.

Investors sentiment increased to 1.59 in 2017 Q3. Its up 0.39, from 1.2 in 2017Q2. It improved, as 18 investors sold Matthews International Corporation shares while 47 reduced holdings. 23 funds opened positions while 55 raised stakes. 25.12 million shares or 0.23% more from 25.06 million shares in 2017Q2 were reported. Pinebridge Investments L P stated it has 3,995 shares. Teton Inc has invested 0.03% in Matthews International Corporation (NASDAQ:MATW). Utd Cap Financial Advisers Limited Liability has invested 0% in Matthews International Corporation (NASDAQ:MATW). Us National Bank & Trust De, Minnesota-based fund reported 16,695 shares. Parkside Fin Fincl Bank Tru invested in 0% or 3 shares. Deutsche State Bank Ag accumulated 90,751 shares. Thrivent For Lutherans holds 19,630 shares or 0% of its portfolio. Raymond James Tru Na holds 0.02% or 5,435 shares. The Ohio-based Bahl Gaynor has invested 0.01% in Matthews International Corporation (NASDAQ:MATW). United Automobile Association holds 167,861 shares or 0.03% of its portfolio. Employees Retirement Systems Of Texas holds 33,000 shares. Ariel Investments Lc holds 0.13% or 173,333 shares. 463,077 are held by Voya Inv Mngmt Ltd Liability Corporation. Renaissance Technologies Ltd Liability owns 101,353 shares for 0.01% of their portfolio. Aristotle Cap Boston Limited Liability Company reported 1.15% of its portfolio in Matthews International Corporation (NASDAQ:MATW).