Summary:

Ackerman Capital Advisors LLC trimmed its holdings in shares of Intel Co. (NASDAQ:INTC) by 12.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,000 shares of the chip maker’s stock after selling 1,000 shares during the period. Intel comprises 1.5% of Ackerman Capital Advisors LLC’s holdings, making the stock its 20th largest position. Ackerman Capital Advisors LLC’s holdings in Intel were worth $419,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Tower View Investment Management & Research LLC bought a new position in shares of Intel during the fourth quarter worth approximately $31,000. Corbenic Partners LLC acq ...

Read Full News: https://rivertonroll.com/news/2020/01/26/ackerman-capital-advisors-llc-has-419000-stock-position-in-intel-co-nasdaqintc-updated.html

Summary:

Equities analysts predict that Intrexon Corp (NASDAQ:XON) will post earnings of ($0.25) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Intrexon’s earnings, with the lowest EPS estimate coming in at ($0.27) and the highest estimate coming in at ($0.23). Intrexon reported earnings of ($0.23) per share during the same quarter last year, which indicates a negative year over year growth rate of 8.7%. The firm is scheduled to issue its next earnings report on Thursday, February 27th.

According to Zacks, analysts expect that Intrexon will report full year earnings of ($1.25) per share for the current year, with EPS estimates ranging from ($1.26) to ($1.23). For the next year, analysts anticipate that the company will post earnings of ($0.80) per share, ...

Read Full News: https://techknowbits.com/2020/01/25/brokerages-expect-intrexon-corp-nasdaqxon-to-post-0-25-eps.html

Summary:

United Capital Management of KS Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,557 shares of the exchange traded fund’s stock after selling 494 shares during the quarter. United Capital Management of KS Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $204,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of EEM. Winslow Evans & Crocker Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $36,000. Vista Private Wealth Partners. LLC bought a new st ...

Read Full News: https://techknowbits.com/2020/01/26/ishares-msci-emerging-markets-etf-nysearcaeem-stake-lessened-by-united-capital-management-of-ks-inc.html

Summary:

Ellington Financial (NYSE:EFC) had its price target cut by Piper Sandler from $20.50 to $20.00 in a research report sent to investors on Wednesday, BenzingaRatingsTable reports. They currently have an overweight rating on the financial services provider’s stock. Piper Sandler also issued estimates for Ellington Financial’s Q4 2019 earnings at $0.42 EPS, FY2019 earnings at $1.79 EPS, Q1 2020 earnings at $0.40 EPS, Q2 2020 earnings at $0.43 EPS, Q3 2020 earnings at $0.46 EPS, Q4 2020 earnings at $0.49 EPS and FY2020 earnings at $1.78 EPS.

Other equities research analysts also recently issued research reports about the company. Maxim Group reiterated a buy rating and issued a $20.00 price objective on shares of Ellington Financial in a report on Friday, January 10th. B. Riley upped their ...

Read Full News: https://techknowbits.com/2020/01/26/piper-sandler-lowers-ellington-financial-nyseefc-price-target-to-20-00.html

Summary:

Berkeley Capital Partners LLC boosted its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 26.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,351 shares of the network equipment provider’s stock after acquiring an additional 3,586 shares during the quarter. Berkeley Capital Partners LLC’s holdings in Cisco Systems were worth $832,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CSCO. Fisher Asset Management LLC increased its position in Cisco Systems by 2.8% during the third quarter. Fisher Asset Management LLC now owns 30,517,061 shares of the network equipment provider’s stock worth $1,507,848,000 after a ...

Read Full News: https://slatersentinel.com/news/2020/01/26/berkeley-capital-partners-llc-acquires-3586-shares-of-cisco-systems-inc-nasdaqcsco.html

Summary:

New York State Teachers Retirement System lessened its holdings in shares of Ross Stores, Inc. (NASDAQ:ROST) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 507,643 shares of the apparel retailer’s stock after selling 10,784 shares during the period. New York State Teachers Retirement System owned 0.14% of Ross Stores worth $59,100,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Sheets Smith Wealth Management bought a new stake in shares of Ross Stores during the 4th quarter valued at $549,000. Valeo Financial Advisors LLC boosted its stake in Ross Stores by 401.5% in the 4th quarter. Valeo Financia ...

Read Full News: https://slatersentinel.com/news/2020/01/26/new-york-state-teachers-retirement-system-sells-10784-shares-of-ross-stores-inc-nasdaqrost.html

Summary:

Intel (INTC) came in with good numbers again for the quarter and for the year. I started my 'Intel Breakout' series about 2 years ago specifically for the type of business shift, operating leverage, and overall cash flows we are seeing from the company.

Since the first article in this series, the stock has quietly moved up 53%, roughly in line with tech at 55%, and two times the S&P 500 at 25%. Sector in-line while outperforming the general market.

You can find each installment here:

Intel the 15 Year Breakout

Intel The 15 Year Breakout Part 2

Intel the 15 Year Breakout Part 3

Intel The 15 Year Breakout Part 4

Today, for part 5, I am going to walk through the recent results, what I find most interesting, and a few valuations thoughts going forward. Quarterly Results

The leve ...

Read Full News: https://seekingalpha.com/article/4319104-intel-15-year-breakout-part-5

Summary:

Bowling Portfolio Management LLC decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 74.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,287 shares of the network equipment provider’s stock after selling 64,309 shares during the period. Bowling Portfolio Management LLC’s holdings in Cisco Systems were worth $1,069,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Asset Management Group LP grew its holdings in Cisco Systems by 486,558.8% during the 2nd quarter. Smith Asset Management Group LP now owns 330,928 shares of the network equipment provider’s stock valued at $18,112,000 after bu ...

Read Full News: https://rivertonroll.com/news/2020/01/26/bowling-portfolio-management-llc-has-1-07-million-stake-in-cisco-systems-inc-nasdaqcsco-updated.html

Summary:

Tocqueville Asset Management L.P. lessened its holdings in PulteGroup, Inc. (NYSE:PHM) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,953 shares of the construction company’s stock after selling 266 shares during the period. Tocqueville Asset Management L.P.’s holdings in PulteGroup were worth $541,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in PHM. Nuveen Asset Management LLC grew its holdings in shares of PulteGroup by 416.9% during the second quarter. Nuveen Asset Management LLC now owns 1,994,991 shares of the construction company’s stock worth $63,081,000 after purchasing an additional 1 ...

Read Full News: https://rivertonroll.com/news/2020/01/26/tocqueville-asset-management-l-p-reduces-stock-position-in-pultegroup-inc-nysephm-updated.html

Summary:

Stitch Fix Inc (NASDAQ:SFIX) CEO Katrina Lake sold 36,643 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $25.04, for a total value of $917,540.72. Following the transaction, the chief executive officer now owns 54,028 shares of the company’s stock, valued at $1,352,861.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Katrina Lake also recently made the following trade(s):

On Wednesday, January 15th, Katrina Lake sold 36,641 shares of Stitch Fix stock. The shares were sold at an average price of $24.48, for a total value of $896,971.68.

On Wednesday, December 18th, Katrina Lake sold 44,362 shares of Stitch Fix stock. The s ...

Read Full News: https://techknowbits.com/2020/01/26/katrina-lake-sells-36643-shares-of-stitch-fix-inc-nasdaqsfix-stock-updated.html