VIVUS, Inc. (VVUS) Is At $0.48 Formed Wedge; Bank Of America Has Lowered Its Omnova Solutions (OMN) Holding

VIVUS, Inc. (VVUS) formed wedge down with $0.45 target or 6.00% below today’s $0.48 share price. VIVUS, Inc. (VVUS) has $50.33M valuation. The stock increased 0.64% or $0.003 during the last trading session, reaching $0.475. About 452,127 shares traded. VIVUS, Inc. (NASDAQ:VVUS) has declined 7.14% since January 21, 2017 and is downtrending. It has underperformed by 23.84% the S&P500.

Bank Of America Corp decreased Omnova Solutions Inc (OMN) stake by 31.92% reported in 2017Q3 SEC filing. Bank Of America Corp sold 37,635 shares as Omnova Solutions Inc (OMN)’s stock declined 3.85%. The Bank Of America Corp holds 80,264 shares with $879,000 value, down from 117,899 last quarter. Omnova Solutions Inc now has $480.08M valuation. The stock increased 1.42% or $0.15 during the last trading session, reaching $10.7. About 113,300 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since January 21, 2017 and is uptrending. It has outperformed by 16.89% the S&P500.

Analysts await VIVUS, Inc. (NASDAQ:VVUS) to report earnings on March, 14. They expect $-0.13 earnings per share, down 124.07% or $0.67 from last year’s $0.54 per share. After $-0.06 actual earnings per share reported by VIVUS, Inc. for the previous quarter, Wall Street now forecasts 116.67% negative EPS growth.

Investors sentiment decreased to 0.53 in Q3 2017. Its down 0.74, from 1.27 in 2017Q2. It dived, as 12 investors sold VIVUS, Inc. shares while 22 reduced holdings. 5 funds opened positions while 13 raised stakes. 32.65 million shares or 13.20% less from 37.61 million shares in 2017Q2 were reported. Two Sigma Securities Ltd Liability Co owns 15,404 shares for 0% of their portfolio. Next Finance Group owns 4,253 shares. Price T Rowe Assoc Md holds 51,000 shares. Guggenheim Limited Liability Corporation accumulated 0% or 33,583 shares. Plante Moran Financial Lc reported 0% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Millennium Mgmt Ltd Liability Corp reported 0% stake. Elkhorn Prtn Limited Partnership holds 0.01% or 11,300 shares in its portfolio. 102,414 are held by Comml Bank Of Mellon. Royal Comml Bank Of Canada holds 271,410 shares. Cetera Advisor Ltd Liability Corporation reported 10,000 shares. Menta Ltd Liability stated it has 0.02% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Goldman Sachs Group Inc stated it has 0% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Morgan Stanley invested in 0% or 275,890 shares. Hanson Mcclain invested 0% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Macquarie Grp Incorporated Ltd reported 194,062 shares or 0% of all its holdings.

Among 2 analysts covering Vivus (NASDAQ:VVUS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vivus had 3 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Friday, July 31. The firm earned “Hold” rating on Wednesday, August 5 by Zacks. The stock has “Buy” rating by WallachBeth Capital on Thursday, November 5.

Analysts await OMNOVA Solutions Inc. (NYSE:OMN) to report earnings on February, 7. They expect $0.16 EPS, up 14.29% or $0.02 from last year’s $0.14 per share. OMN’s profit will be $7.18M for 16.72 P/E if the $0.16 EPS becomes a reality. After $0.25 actual EPS reported by OMNOVA Solutions Inc. for the previous quarter, Wall Street now forecasts -36.00% negative EPS growth.

Bank Of America Corp increased Old Rep Intl Corp (Prn) stake by 1.33M shares to 3.03M valued at $3.87M in 2017Q3. It also upped Kt Corp (NYSE:KT) stake by 224,904 shares and now owns 605,544 shares. Digitalglobe Inc (NYSE:DGI) was raised too.