Van Eck Associates Trimmed Ormat Technologies (ORA) Holding By $2.89 Million; WPT Industrial Real Estate Investment Trust (TSE:WIR.U) Had 3 Bullish Analysts

Ormat Technologies, Inc. (NYSE:ORA) Logo

Van Eck Associates Corp decreased Ormat Technologies Inc (ORA) stake by 13.55% reported in 2018Q4 SEC filing. Van Eck Associates Corp sold 55,582 shares as Ormat Technologies Inc (ORA)’s stock rose 1.05%. The Van Eck Associates Corp holds 354,469 shares with $18.54M value, down from 410,051 last quarter. Ormat Technologies Inc now has $2.88 billion valuation. The stock increased 0.23% or $0.13 during the last trading session, reaching $56.71. About 120,846 shares traded. Ormat Technologies, Inc. (NYSE:ORA) has declined 3.00% since April 14, 2018 and is downtrending. It has underperformed by 7.37% the S&P500. Some Historical ORA News: 11/05/2018 – ORMAT TECHNOLOGIES – MANAGEMENT IDENTIFIED ERROR IN CO’S QTR ENDED MARCH 31 FINANCIAL STATEMENT PRESENTATION OF DEFERRED INCOME TAX ASSETS & LIABILITIES; 07/05/2018 – ORMAT 1Q EPS 88C; 28/05/2018 – ORMAT SAYS LAVA COVERED THE WELLHEADS OF TWO GEOTHERMAL WELLS; 15/05/2018 – ORMAT TECHNOLOGIES INC – SHUTTING DOWN ALL GEOTHERMAL WELLS TO SECURE PUNA FACILITIES IN ACCORDANCE WITH EMERGENCY RESPONSE PLAN; 28/05/2018 – Ormat Technologies: Approaching Lava Covered the Wellheads of Two Geothermal Wells; 21/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within South Jersey Industries, SITO Mobile, Ormat Technologies, R; 16/03/2018 – Ormat Technologies Reports Filing of Its Annual Report on Form 10-K for the Fiscal Year Ended December 31, 2017; 15/05/2018 – ORMAT TECHNOLOGIES INC – THERE IS “LOW RISK” OF SURFACE LAVA IMPACTING OR MAKING ITS WAY TO PUNA FACILITY; 27/03/2018 – ORMAT TECHNOLOGIES – ENTERS LOAN AGREEMENT WITH AFFILIATES OF ISRAEL’S MIGDAL GROUP TO PROVIDE CO WITH A $100.0 MLN SENIOR UNSECURED LOAN; 22/05/2018 – ORMAT TECHNOLOGIES-CO’S UNIT THAT INDIRECTLY OWNS 26 MW TUNGSTEN MOUNTAIN GEOTHERMAL POWER PLANT ENTERED INTO PARTNERSHIP DEAL WITH A PRIVATE INVESTOR

Among 3 analysts covering WPT Industrial Real Estate Investment Trust (TSE:WIR.U), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. WPT Industrial Real Estate Investment Trust had 3 analyst reports since February 25, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Monday, February 25 by IBC. The stock of WPT Industrial Real Estate Investment Trust (TSE:WIR.U) earned “Buy” rating by Scotia Capital on Friday, March 8. BMO Capital Markets maintained WPT Industrial Real Estate Investment Trust (TSE:WIR.U) rating on Monday, March 11. BMO Capital Markets has “Buy” rating and $14.25 target. See WPT Industrial Real Estate Investment Trust (TSE:WIR.U) latest ratings:

08/03/2019 Broker: Scotia Capital Rating: Buy New Target: $15 Maintain
11/03/2019 Broker: BMO Capital Markets Rating: Buy New Target: $14.25 Maintain
25/02/2019 Broker: IBC Rating: Buy New Target: $14.5 Maintain

Analysts await Ormat Technologies, Inc. (NYSE:ORA) to report earnings on May, 6. They expect $0.50 EPS, up 4.17% or $0.02 from last year’s $0.48 per share. ORA’s profit will be $25.37M for 28.36 P/E if the $0.50 EPS becomes a reality. After $0.52 actual EPS reported by Ormat Technologies, Inc. for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Investors sentiment decreased to 1.02 in 2018 Q4. Its down 0.05, from 1.07 in 2018Q3. It worsened, as 13 investors sold ORA shares while 41 reduced holdings. 16 funds opened positions while 39 raised stakes. 20.60 million shares or 0.76% less from 20.76 million shares in 2018Q3 were reported. Great West Life Assurance Comm Can holds 0% or 4,956 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Ormat Technologies, Inc. (NYSE:ORA) for 3,775 shares. 3.26 million are owned by Blackrock. Moreover, Northern Corporation has 0.01% invested in Ormat Technologies, Inc. (NYSE:ORA) for 562,192 shares. 5,307 were reported by Regions Corporation. Metropolitan Life Insur Ny owns 12,178 shares for 0.01% of their portfolio. Ubs Asset Mgmt Americas reported 0% stake. Pennsylvania-based Glenmede Trust Communication Na has invested 0.15% in Ormat Technologies, Inc. (NYSE:ORA). Personal Advsr reported 108,287 shares. 174 were reported by Valley National Advisers Inc. Citigroup stated it has 0% in Ormat Technologies, Inc. (NYSE:ORA). State Street invested in 792,755 shares or 0% of the stock. Ameritas Partners owns 3,359 shares for 0.01% of their portfolio. Guinness Asset Mgmt Limited owns 8,420 shares for 0.09% of their portfolio. Psagot House stated it has 2,303 shares.

Van Eck Associates Corp increased Coca (NYSE:KO) stake by 12,660 shares to 98,108 valued at $4.65 million in 2018Q4. It also upped Philip Morris International Inc (NYSE:PM) stake by 66,917 shares and now owns 582,318 shares. Idexx Laboratories Inc (NASDAQ:IDXX) was raised too.

Since November 7, 2018, it had 0 buys, and 6 sales for $184,575 activity. SHARIR DAFNA also sold $22,828 worth of Ormat Technologies, Inc. (NYSE:ORA) shares. The insider Granot David sold 759 shares worth $40,986. Shares for $39,892 were sold by Barniv Ravit. Shares for $1,193 were sold by Sullivan Bob. The insider FALK DAN sold 767 shares worth $39,807.

More notable recent Ormat Technologies, Inc. (NYSE:ORA) news were published by: Globenewswire.com which released: “Ormat Signs a 25-Year PPA With SCPPA for Its Casa Diablo-IV Geothermal Power Plant in California – GlobeNewswire” on March 20, 2019, also Gurufocus.com with their article: “6 Poorly Performing Stocks in Gurus’ Portfolios – GuruFocus.com” published on March 27, 2019, Seekingalpha.com published: “Ormat Technologies declares $0.11 dividend – Seeking Alpha” on February 27, 2019. More interesting news about Ormat Technologies, Inc. (NYSE:ORA) were released by: Globenewswire.com and their article: “Ormat Technologies Reports Third Quarter 2018 Financial Results – GlobeNewswire” published on November 06, 2018 as well as Globenewswire.com‘s news article titled: “Ormat Technologies, Inc. Announces 2019 Annual Meeting of Stockholders – GlobeNewswire” with publication date: February 27, 2019.

The stock increased 0.07% or $0.01 during the last trading session, reaching $13.9. About 151,842 shares traded or 7.92% up from the average. WPT Industrial Real Estate Investment Trust (TSE:WIR.U) has 0.00% since April 14, 2018 and is . It has underperformed by 4.37% the S&P500.

More recent WPT Industrial Real Estate Investment Trust (TSE:WIR.U) news were published by: Twst.com which released: “Michael Waring, Sees Both Growth and Dividends Paying Off for Nicaragua Geothermal Stock Pick – The Wall Street Transcript” on March 29, 2018. Also Seekingalpha.com published the news titled: “Introduction To Canadian REITs – Seeking Alpha” on April 06, 2017. Theglobeandmail.com‘s news article titled: “Six small Canadian companies with takeover potential – The Globe and Mail” with publication date: October 07, 2016 was also an interesting one.

Ormat Technologies, Inc. (NYSE:ORA) Institutional Positions Chart