China Eastern Airlines Corporation Ltd. (NYSE:CEA) – Stock analysts at Jefferies Group issued their FY2017 earnings per share estimates for China Eastern Airlines Corporation in a note issued to investors on Wednesday. Jefferies Group analyst A. Lee expects that the transportation company will earn $4.20 per share for the year. Jefferies Group also issued estimates for China Eastern Airlines Corporation’s FY2018 earnings at $2.37 EPS and FY2019 earnings at $2.90 EPS.

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Separately, BidaskClub cut shares of China Eastern Airlines Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th.

China Eastern Airlines Corporation (NYSE:CEA) opened at 27.025 on Friday. China Eastern Airlines Corporation has a 52 week low of $21.38 and a 52 week high of $30.90. The company has a market capitalization of $7.82 billion, a PE ratio of 9.319 and a beta of 1.24. The company has a 50-day moving average of $27.39 and a 200-day moving average of $28.30.

A number of hedge funds and other institutional investors have recently bought and sold shares of CEA. Ameriprise Financial Inc. lifted its stake in China Eastern Airlines Corporation by 2.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,688 shares of the transportation company’s stock worth $235,000 after purchasing an additional 155 shares in the last quarter. U S Global Investors Inc. lifted its stake in China Eastern Airlines Corporation by 78.4% in the 2nd quarter. U S Global Investors Inc. now owns 40,353 shares of the transportation company’s stock worth $1,116,000 after purchasing an additional 17,736 shares in the last quarter. Wells Fargo & Company MN lifted its stake in China Eastern Airlines Corporation by 0.9% in the 2nd quarter. Wells Fargo & Company MN now owns 338,176 shares of the transportation company’s stock worth $10,349,000 after purchasing an additional 3,010 shares in the last quarter. Finally, Renaissance Group LLC lifted its stake in China Eastern Airlines Corporation by 3.4% in the 2nd quarter. Renaissance Group LLC now owns 520,731 shares of the transportation company’s stock worth $15,934,000 after purchasing an additional 17,088 shares in the last quarter. Institutional investors and hedge funds own 0.43% of the company’s stock.

China Eastern Airlines Corporation Company Profile

China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.

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