Eagle Point Credit Company Inc. (ECC) EPS Estimated At $0.45

February 14, 2018 - By Adrian Mccoy

 Eagle Point Credit Company Inc. (ECC) EPS Estimated At $0.45
Investors sentiment increased to 1.8 in Q3 2017. Its up 0.20, from 1.6 in 2017Q2. It is positive, as 3 investors sold Eagle Point Credit Company Inc. shares while 2 reduced holdings. 3 funds opened positions while 6 raised stakes. 1.91 million shares or 6.68% less from 2.04 million shares in 2017Q2 were reported.
Blair William And Il reported 0% stake. Wells Fargo And Communication Mn has invested 0% in Eagle Point Credit Company Inc. (NYSE:ECC). Morgan Stanley holds 0% in Eagle Point Credit Company Inc. (NYSE:ECC) or 4,993 shares. Pnc Fincl Svcs Gp owns 223,396 shares or 0% of their US portfolio. Tower Rech Limited Liability Co (Trc) owns 178 shares. Freestone Hldg Ltd reported 0.5% stake. Evercore Wealth Llc holds 5,000 shares. National Asset Mngmt Inc has invested 0.04% in Eagle Point Credit Company Inc. (NYSE:ECC). Thomas J Herzfeld Advsr invested 0.03% of its portfolio in Eagle Point Credit Company Inc. (NYSE:ECC). Mycio Wealth Prtnrs Limited Liability Corp holds 1.15 million shares. 4,987 were reported by Bessemer Group Inc. Bard reported 132,983 shares stake. Plante Moran Advsr Ltd Limited Liability Company holds 0.02% or 1,570 shares in its portfolio. National Bank Of America De, a North Carolina-based fund reported 5,978 shares.

Analysts expect Eagle Point Credit Company Inc. (NYSE:ECC) to report $0.45 EPS on February, 23.They anticipate $0.01 EPS change or 2.17 % from last quarter’s $0.46 EPS. ECC’s profit would be $8.31M giving it 10.21 P/E if the $0.45 EPS is correct. After having $0.44 EPS previously, Eagle Point Credit Company Inc.’s analysts see 2.27 % EPS growth. The stock increased 1.60% or $0.29 during the last trading session, reaching $18.37. About 75,513 shares traded. Eagle Point Credit Company Inc. (NYSE:ECC) has risen 22.25% since February 14, 2017 and is uptrending. It has outperformed by 5.55% the S&P500.

Eagle Point Credit Company Inc. (NYSE:ECC) Ratings Coverage

Among 7 analysts covering Eagle Point Credit Company (NYSE:ECC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Eagle Point Credit Company had 11 analyst reports since September 1, 2015 according to SRatingsIntel. Deutsche Bank maintained Eagle Point Credit Company Inc. (NYSE:ECC) rating on Thursday, March 31. Deutsche Bank has “Buy” rating and $18.50 target. The firm has “Outperform” rating by Oppenheimer given on Wednesday, November 15. National Securities maintained Eagle Point Credit Company Inc. (NYSE:ECC) on Thursday, May 25 with “Buy” rating. The stock of Eagle Point Credit Company Inc. (NYSE:ECC) has “Neutral” rating given on Thursday, August 25 by Compass Point. The company was upgraded on Monday, September 7 by Zacks. Compass Point downgraded the shares of ECC in report on Tuesday, February 9 to “Neutral” rating. Wunderlich maintained the shares of ECC in report on Wednesday, November 25 with “Buy” rating. Deutsche Bank maintained Eagle Point Credit Company Inc. (NYSE:ECC) rating on Thursday, August 25. Deutsche Bank has “Buy” rating and $19 target.

More notable recent Eagle Point Credit Company Inc. (NYSE:ECC) news were published by: Seekingalpha.com which released: “Baby Bond IPO: 6.75% From Eagle Point Credit” on August 16, 2017, also Nasdaq.com with their article: “Eagle Point Credit Company Inc. (ECC) Ex-Dividend Date Scheduled for November …” published on November 08, 2017, Seekingalpha.com published: “Eagle Point Credit Company From The Perspective Of A Preferred And Note …” on December 13, 2017. More interesting news about Eagle Point Credit Company Inc. (NYSE:ECC) were released by: Businesswire.com and their article: “Eagle Point Credit Company Inc. Announces First Quarter 2018 Common and …” published on December 18, 2017 as well as Nasdaq.com‘s news article titled: “Eagle Point Credit Company Inc. (ECC) Ex-Dividend Date Scheduled for February …” with publication date: February 08, 2018.

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