Hedge Funds Are Buying These 6 Stocks with EPS Price Mismatches

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2. Callon Petroleum Company (NYSE:CPE), (EarningsAnalystsFinancials): Engages in the acquisition, exploration, development, and production of crude oil and natural gas properties in the onshore in Louisiana and Texas, and the offshore waters of the Gulf of Mexico. Market cap at $177.11M, most recent closing price at $4.45.  Net institutional purchases in the current quarter at 2.6M shares, which represents about 7.1% of the company’s float of 36.61M shares. The EPS estimate for the company’s current year increased from 0.05 to 0.06 over the last 30 days, an increase of 20.%. This increase came during a time when the stock price changed by 5.94% (from 4.21 to 4.46 over the last 30 days).

3. John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) (EarningsAnalystsFinancials): Engages in processing and marketing tree nuts and peanuts in the United States. Market cap at $204.41M, most recent closing price at $18.98.  Net institutional purchases in the current quarter at 492.8K shares, which represents about 6.45% of the company’s float of 7.64M shares. The EPS estimate for the company’s current year increased from 1.66 to 2.07 over the last 30 days, an increase of 24.7%. This increase came during a time when the stock price changed by 10.12% (from 16.3 to 17.95 over the last 30 days).

4. M/I Homes Inc (NYSE:MHO) (EarningsAnalystsFinancials): Engages in the construction and sale of single-family residential properties. Market cap at $524.64M, most recent closing price at $24.47.  Net institutional purchases in the current quarter at 3.8M shares, which represents about 18.33% of the company’s float of 20.73M shares. The EPS estimate for the company’s current year increased from 0.47 to 0.61 over the last 30 days, an increase of 29.79%. This increase came during a time when the stock price changed by 7.95% (from 21.38 to 23.08 over the last 30 days).

5. Standard Pacific Corp. (NYSE:SPF) (EarningsAnalystsFinancials): Operates as a diversified builder of single-family attached and detached homes in the United States. Market cap at $1.5B, most recent closing price at $7.08.  Net institutional purchases in the current quarter at 18.4M shares, which represents about 16.14% of the company’s float of 114.01M shares. The EPS estimate for the company’s current year increased from 0.18 to 0.19 over the last 30 days, an increase of 5.56%. This increase came during a time when the stock price changed by 1.55% (from 6.45 to 6.55 over the last 30 days).

6. Visteon Corporation (NYSE:VC) (EarningsAnalystsFinancials): Supplies automotive systems, modules, and components to automotive original equipment manufacturers worldwide. Market cap at $2.67B, most recent closing price at $50.55.  Net institutional purchases in the current quarter at 2.5M shares, which represents about 5.34% of the company’s float of 46.79M shares. The EPS estimate for the company’s current year increased from 2.57 to 2.87 over the last 30 days, an increase of 11.67%. This increase came during a time when the stock price changed by 4.69% (from 48.43 to 50.7 over the last 30 days).

This article was originally written by Rebecca Lipman, and posted on Kapitall.

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