Hillcrest Asset Management Llc decreased its stake in Sanmina Corp (SANM) by 2.33% based on its latest 2017Q3 regulatory filing with the SEC. Hillcrest Asset Management Llc sold 8,157 shares as the company’s stock declined 10.12% while stock markets rallied. The institutional investor held 342,130 shares of the electrical products company at the end of 2017Q3, valued at $12.71 million, down from 350,287 at the end of the previous reported quarter. Hillcrest Asset Management Llc who had been investing in Sanmina Corp for a number of months, seems to be less bullish one the $2.38B market cap company. The stock decreased 0.60% or $0.2 during the last trading session, reaching $33. About 432,334 shares traded. Sanmina Corporation (NASDAQ:SANM) has risen 44.39% since December 31, 2016 and is uptrending. It has outperformed by 27.69% the S&P500.
Loews Corp increased its stake in Cisco Systems Inc (CSCO) by 10% based on its latest 2017Q3 regulatory filing with the SEC. Loews Corp bought 50,000 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 550,000 shares of the technology company at the end of 2017Q3, valued at $18.50M, up from 500,000 at the end of the previous reported quarter. Loews Corp who had been investing in Cisco Systems Inc for a number of months, seems to be bullish on the $189.34B market cap company. The stock decreased 0.75% or $0.29 during the last trading session, reaching $38.3. About 12.58 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since December 31, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.
Loews Corp, which manages about $15.72 billion US Long portfolio, decreased its stake in Siteone Landscape Supply Inc by 25,900 shares to 105,000 shares, valued at $6.10M in 2017Q3, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 41,530 shares in the quarter, leaving it with 289,547 shares, and cut its stake in Express Scripts Holding Co (NASDAQ:ESRX).
Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Cisco Systems Inc. had 132 analyst reports since August 4, 2015 according to SRatingsIntel. OTR Global downgraded the shares of CSCO in report on Monday, October 31 to “Mixed” rating. The firm has “Buy” rating given on Wednesday, August 2 by Jefferies. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Hold” rating given on Wednesday, June 21 by Nomura. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 13 report. The rating was initiated by Citigroup with “Buy” on Tuesday, October 6. On Wednesday, September 14 the stock rating was maintained by Deutsche Bank with “Buy”. On Thursday, May 19 the stock rating was maintained by BMO Capital Markets with “Outperform”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Bernstein on Tuesday, September 1. On Wednesday, August 16 the stock rating was maintained by Piper Jaffray with “Buy”. As per Monday, November 27, the company rating was maintained by Bernstein.
Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It worsened, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Silvercrest Asset Mngmt Gru Llc reported 3.97M shares. First Allied Advisory Services has 0.2% invested in Cisco Systems, Inc. (NASDAQ:CSCO). 273,903 were reported by Thompson Invest. Hudock Grp Incorporated Lc invested in 0.9% or 57,031 shares. State Of Alaska Department Of Revenue owns 66,561 shares. Da Davidson Communications holds 363,182 shares. Frontier Investment holds 364,214 shares or 1.01% of its portfolio. Centurylink Investment Management accumulated 113,851 shares. Tctc Ltd Liability invested in 0.62% or 296,855 shares. Petrus Tru Co Lta stated it has 159,615 shares or 1.27% of all its holdings. First Pacific Advsrs Limited Liability Corp reported 3.67% in Cisco Systems, Inc. (NASDAQ:CSCO). Addison Cap has 28,107 shares for 0.83% of their portfolio. Ibm Retirement Fund stated it has 0.85% in Cisco Systems, Inc. (NASDAQ:CSCO). Employees Retirement Association Of Colorado has 0.22% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 886,944 shares. Mitchell Sinkler And Starr Pa invested 0.88% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO).
Since August 23, 2017, it had 0 insider purchases, and 7 selling transactions for $23.51 million activity. CHANDLER MARK D had sold 65,000 shares worth $2.11M on Monday, September 18. The insider Walker Karen sold 23,110 shares worth $740,883. $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by MCGEARY RODERICK C. CHAMBERS JOHN T sold $7.79 million worth of stock or 250,000 shares. $3.89 million worth of stock was sold by Robbins Charles on Monday, September 11. BARTZ CAROL sold 200,000 shares worth $7.59M.
Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.16, from 0.95 in 2017Q2. It worsened, as 25 investors sold SANM shares while 103 reduced holdings. 25 funds opened positions while 76 raised stakes. 66.06 million shares or 4.90% less from 69.46 million shares in 2017Q2 were reported. Pnc Fincl Services Grp Incorporated invested in 212,725 shares or 0.01% of the stock. Quantbot Techs LP owns 0.04% invested in Sanmina Corporation (NASDAQ:SANM) for 10,225 shares. Rhumbline Advisers reported 162,096 shares stake. Bnp Paribas Arbitrage stated it has 40,831 shares. Schroder Mgmt Group Inc owns 16,432 shares. Cwm Limited Liability has 0% invested in Sanmina Corporation (NASDAQ:SANM). Leuthold Limited Liability reported 0.57% stake. Moreover, Bowling Ltd Co has 0.26% invested in Sanmina Corporation (NASDAQ:SANM). Thrivent Financial For Lutherans accumulated 45,810 shares. Grantham Mayo Van Otterloo And Company Limited Liability Corp holds 114,893 shares. Renaissance Techs Limited reported 0% stake. Tower Rech Cap Limited Liability Company (Trc), New York-based fund reported 13,625 shares. Cim Mangement holds 0.09% of its portfolio in Sanmina Corporation (NASDAQ:SANM) for 6,979 shares. Us Comml Bank De stated it has 3,425 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Sanmina Corporation (NASDAQ:SANM).
Since August 14, 2017, it had 0 insider buys, and 2 selling transactions for $741,599 activity.
Analysts await Sanmina Corporation (NASDAQ:SANM) to report earnings on January, 29. They expect $0.62 EPS, up 5.08% or $0.03 from last year’s $0.59 per share. SANM’s profit will be $44.66M for 13.31 P/E if the $0.62 EPS becomes a reality. After $0.64 actual EPS reported by Sanmina Corporation for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.
Among 11 analysts covering Sanmina-SCI Corporation (NASDAQ:SANM), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Sanmina-SCI Corporation had 27 analyst reports since July 21, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $45.0 target in Wednesday, August 30 report. Needham maintained Sanmina Corporation (NASDAQ:SANM) rating on Tuesday, January 31. Needham has “Buy” rating and $45 target. The company was downgraded on Tuesday, July 26 by Craig Hallum. On Monday, August 3 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm earned “Buy” rating on Tuesday, April 26 by B. Riley & Co. The firm earned “Sector Perform” rating on Tuesday, January 26 by RBC Capital Markets. On Wednesday, January 20 the stock rating was upgraded by RBC Capital Markets to “Sector Perform”. Argus Research maintained the stock with “Buy” rating in Wednesday, November 4 report. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. The stock of Sanmina Corporation (NASDAQ:SANM) earned “Hold” rating by Argus Research on Thursday, November 2.
The post Sanmina (SANM) Market Value Declined While Hillcrest Asset Management Lowered Stake by $301,809; As Cisco Systems (CSCO) Market Valuation Declined, Holder Loews Has Upped Position appeared first on Stock Market News | HillCountryTimes | Get it Today.
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