Mark Coe decreased its stake in Ringcentral Inc (RNG) by 42.23% based on its latest 2017Q3 regulatory filing with the SEC. Coe Capital Management Llc sold 15,335 shares as the company’s stock rose 34.13% with the market. The hedge fund run by Mark Coe held 20,980 shares of the technology company at the end of 2017Q3, valued at $876,000, down from 36,315 at the end of the previous reported quarter. Coe Capital Management Llc who had been investing in Ringcentral Inc for a number of months, seems to be less bullish one the $3.74B market cap company. It closed at $48.4 lastly. It is down 80.85% since December 31, 2016 and is uptrending. It has outperformed by 64.15% the S&P500.
Julian Allen increased its stake in Newell Brands Inc (NWL) by 11.99% based on its latest 2017Q3 regulatory filing with the SEC. Spitfire Capital Llc bought 13,000 shares as the company’s stock rose 13.21% with the market. The hedge fund run by Julian Allen held 121,458 shares of the plastic products company at the end of 2017Q3, valued at $5.18M, up from 108,458 at the end of the previous reported quarter. Spitfire Capital Llc who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $15.14 billion market cap company. The stock decreased 0.42% or $0.13 during the last trading session, reaching $30.9. About 2.92M shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since December 31, 2016 and is uptrending. It has underperformed by 4.76% the S&P500.
Investors sentiment increased to 1.11 in Q3 2017. Its up 0.17, from 0.94 in 2017Q2. It is positive, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. Whitnell & invested in 0.94% or 50,324 shares. Nuveen Asset Mgmt Ltd Com reported 0.12% of its portfolio in Newell Brands Inc. (NYSE:NWL). Rosenbaum Jay D owns 9,340 shares. Loring Wolcott And Coolidge Fiduciary Ltd Liability Partnership Ma has invested 0.01% in Newell Brands Inc. (NYSE:NWL). Columbus Circle Investors reported 0.38% stake. Moreover, Bnp Paribas Asset Hldg has 0.06% invested in Newell Brands Inc. (NYSE:NWL). Fishman Jay A Ltd Mi invested 0.17% of its portfolio in Newell Brands Inc. (NYSE:NWL). Cadence Management Limited Liability Co reported 52,270 shares. Webster Commercial Bank N A has invested 0.01% in Newell Brands Inc. (NYSE:NWL). First Allied Advisory Svcs holds 0.01% or 5,834 shares. Tiaa Cref Inv Mngmt Llc holds 0.07% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 2.47M shares. Verition Fund Ltd Company has invested 0.02% in Newell Brands Inc. (NYSE:NWL). Employees Retirement Of Ohio accumulated 206,145 shares or 0.05% of the stock. 11,298 are held by Pitcairn. Adage Cap Prtn Limited holds 0.05% or 485,742 shares.
Among 19 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Newell Rubbermaid Inc. has $6600 highest and $29.0 lowest target. $43.53’s average target is 40.87% above currents $30.9 stock price. Newell Rubbermaid Inc. had 53 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Newell Brands Inc. (NYSE:NWL) earned “Hold” rating by Jefferies on Friday, November 3. Jefferies maintained the shares of NWL in report on Tuesday, October 17 with “Hold” rating. Jefferies initiated the stock with “Buy” rating in Monday, September 28 report. The company was downgraded on Friday, November 3 by RBC Capital Markets. The company was downgraded on Monday, September 11 by Jefferies. Wells Fargo downgraded the shares of NWL in report on Monday, May 1 to “Market Perform” rating. On Thursday, June 8 the stock rating was maintained by RBC Capital Markets with “Buy”. B. Riley & Co maintained it with “Buy” rating and $54 target in Monday, May 2 report. The firm has “Overweight” rating given on Tuesday, December 15 by Piper Jaffray. The company was maintained on Monday, September 4 by KeyBanc Capital Markets.
Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.32, from 1.31 in 2017Q2. It turned negative, as 18 investors sold RNG shares while 62 reduced holdings. 26 funds opened positions while 53 raised stakes. 55.54 million shares or 2.55% more from 54.16 million shares in 2017Q2 were reported. Strs Ohio invested in 0.01% or 32,100 shares. Pnc Financial Services Gru holds 0% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 57,740 shares. 55,602 were reported by Aqr Capital Mgmt Limited Liability Corp. Sei Invs Com holds 0% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 28,310 shares. Rothschild Asset Mngmt holds 85,079 shares or 0.04% of its portfolio. Driehaus Capital Limited Com stated it has 0.35% in RingCentral, Inc. (NYSE:RNG). Tiaa Cref Investment Ltd reported 444,353 shares stake. Fortaleza Asset Management stated it has 1,190 shares. Fmr Limited owns 4.80M shares. Citigroup holds 488 shares. Thompson Davis invested 0.39% of its portfolio in RingCentral, Inc. (NYSE:RNG). State Board Of Administration Of Florida Retirement Sys holds 0% or 32,006 shares in its portfolio. Lord Abbett And Limited Liability Co stated it has 639,850 shares or 0.08% of all its holdings. Portolan Cap Limited Com owns 155,604 shares. Tower Rech Cap Ltd Limited Liability Company (Trc) accumulated 4,199 shares.
Among 17 analysts covering RingCentral (NYSE:RNG), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. RingCentral has $52.0 highest and $22 lowest target. $41.64’s average target is -13.97% below currents $48.4 stock price. RingCentral had 50 analyst reports since July 21, 2015 according to SRatingsIntel. Northland Capital maintained RingCentral, Inc. (NYSE:RNG) rating on Thursday, July 20. Northland Capital has “Buy” rating and $3700 target. Dougherty & Company initiated RingCentral, Inc. (NYSE:RNG) rating on Wednesday, April 26. Dougherty & Company has “Buy” rating and $36 target. The stock of RingCentral, Inc. (NYSE:RNG) earned “Outperform” rating by RBC Capital Markets on Wednesday, December 9. The company was downgraded on Thursday, July 20 by Morgan Stanley. The stock of RingCentral, Inc. (NYSE:RNG) has “Hold” rating given on Tuesday, December 12 by J.P. Morgan. The rating was downgraded by Robert W. Baird to “Neutral” on Thursday, August 10. Robert W. Baird upgraded RingCentral, Inc. (NYSE:RNG) rating on Monday, December 12. Robert W. Baird has “Outperform” rating and $29 target. As per Thursday, August 4, the company rating was maintained by Jefferies. The rating was maintained by Robert W. Baird with “Hold” on Thursday, October 19. As per Thursday, November 9, the company rating was maintained by Craig Hallum.
Since August 16, 2017, it had 0 insider buys, and 21 sales for $17.92 million activity. Another trade for 10,000 shares valued at $433,200 was sold by Shah Praful. Sipes David also sold $66,000 worth of RingCentral, Inc. (NYSE:RNG) shares. 3,000 shares were sold by Dhruv Mitesh, worth $114,480. Marlow John H had sold 6,000 shares worth $254,580 on Wednesday, September 13. Williams R Neil had sold 22,000 shares worth $869,000 on Wednesday, August 16.
The post As Ringcentral (RNG) Shares Rose, Coe Capital Management Has Decreased Position; Spitfire Capital Stake in Newell Brands (NWL) Lifted as Stock Price Rose appeared first on Stock Market News | HillCountryTimes | Get it Today.
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