As National Oilwell Varco (NOV) Shares Rose, Harris Associates LP Upped Stake; Cal Maine Foods (CALM) Shareholder Qvt Financial LP Trimmed Stake by $902,000

Saturday, 31 March 2018

As National Oilwell Varco (NOV) Shares Rose, Harris Associates LP Upped Stake; Cal Maine Foods (CALM) Shareholder Qvt Financial LP Trimmed Stake by $902,000

National Oilwell Varco, Inc. (NYSE:NOV) Logo

Harris Associates LP increased its stake in National Oilwell Varco Inc (NOV) by 11.6% based on its latest 2017Q4 regulatory filing with the SEC. Harris Associates LP bought 2.25M shares as the company’s stock rose 4.18% while stock markets declined. The hedge fund held 21.68 million shares of the energy company at the end of 2017Q4, valued at $780.98M, up from 19.43M at the end of the previous reported quarter. Harris Associates LP who had been investing in National Oilwell Varco Inc for a number of months, seems to be bullish on the $13.99B market cap company. The stock increased 2.45% or $0.88 during the last trading session, reaching $36.81. About 2.83 million shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has declined 3.90% since March 31, 2017 and is downtrending. It has underperformed by 15.45% the S&P500.

Daniel Gold decreased its stake in Cal Maine Foods Inc (CALM) by 16.61% based on its latest 2017Q4 regulatory filing with the SEC. Qvt Financial Lp sold 20,500 shares as the company’s stock rose 4.44% while stock markets declined. The hedge fund run by Daniel Gold held 102,896 shares of the consumer non-durables company at the end of 2017Q4, valued at $4.57 million, down from 123,396 at the end of the previous reported quarter. Qvt Financial Lp who had been investing in Cal Maine Foods Inc for a number of months, seems to be less bullish one the $2.12B market cap company. The stock decreased 4.17% or $1.9 during the last trading session, reaching $43.7. About 746,926 shares traded or 112.56% up from the average. Cal-Maine Foods, Inc. (NASDAQ:CALM) has risen 22.27% since March 31, 2017 and is uptrending. It has outperformed by 10.72% the S&P500.

Investors sentiment decreased to 0.75 in 2017 Q4. Its down 0.28, from 1.03 in 2017Q3. It turned negative, as 18 investors sold CALM shares while 73 reduced holdings. 28 funds opened positions while 40 raised stakes. 27.69 million shares or 4.70% less from 29.05 million shares in 2017Q3 were reported. Prudential Fincl holds 0% or 49,062 shares in its portfolio. Sprott holds 3.29% or 253,308 shares. Avalon Advsrs Limited Liability Company holds 0.35% in Cal-Maine Foods, Inc. (NASDAQ:CALM) or 254,465 shares. Public Sector Pension Board accumulated 18,800 shares. Wells Fargo Mn accumulated 87,738 shares or 0% of the stock. Bluecrest Capital Mngmt Ltd accumulated 9,302 shares. 500 were accumulated by American Rech And Mngmt Co. Asset has invested 0.04% in Cal-Maine Foods, Inc. (NASDAQ:CALM). Moreover, Goldman Sachs Group Inc has 0% invested in Cal-Maine Foods, Inc. (NASDAQ:CALM) for 146,998 shares. 28,801 are held by Balyasny Asset Mgmt Ltd Company. Comerica Savings Bank has 30,530 shares. Principal Inc invested in 222,739 shares. Jump Trading Llc holds 6,192 shares or 0.04% of its portfolio. Pnc Financial Service Gru holds 0% or 2,732 shares in its portfolio. X Management Ltd Limited Liability Company reported 592 shares.

Since February 23, 2018, it had 0 insider purchases, and 1 sale for $21,775 activity.

Qvt Financial Lp, which manages about $8.91B and $1.77 billion US Long portfolio, upped its stake in Iovance Biotherapeutics Inc by 463,486 shares to 1.12M shares, valued at $8.62 million in 2017Q4, according to the filing. It also increased its holding in Sinclair Broadcast Group Inc (NASDAQ:SBGI) by 86,275 shares in the quarter, for a total of 275,097 shares, and has risen its stake in Patterson Uti Energy Inc (NASDAQ:PTEN).

Among 4 analysts covering Cal-Maine Foods (NASDAQ:CALM), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Cal-Maine Foods had 10 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 2 by DA Davidson. The firm earned “Neutral” rating on Thursday, November 10 by Goldman Sachs. On Monday, May 9 the stock rating was downgraded by DA Davidson to “Underperform”. The stock of Cal-Maine Foods, Inc. (NASDAQ:CALM) earned “Buy” rating by Zacks on Tuesday, September 1. The stock of Cal-Maine Foods, Inc. (NASDAQ:CALM) has “Hold” rating given on Monday, October 5 by BB&T Capital. The stock of Cal-Maine Foods, Inc. (NASDAQ:CALM) earned “Neutral” rating by DA Davidson on Tuesday, March 29. BB&T Capital upgraded the shares of CALM in report on Monday, August 31 to “Buy” rating. Goldman Sachs downgraded Cal-Maine Foods, Inc. (NASDAQ:CALM) on Friday, June 16 to “Sell” rating. The stock of Cal-Maine Foods, Inc. (NASDAQ:CALM) earned “Hold” rating by BB&T Capital on Thursday, June 16. Stephens upgraded the stock to “Overweight” rating in Tuesday, October 3 report.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.15, from 0.85 in 2017Q3. It is negative, as 42 investors sold NOV shares while 209 reduced holdings. 52 funds opened positions while 124 raised stakes. 349.52 million shares or 0.22% more from 348.73 million shares in 2017Q3 were reported. Sg Americas Securities Ltd Co owns 77,311 shares for 0.03% of their portfolio. Price T Rowe Associate Inc Md reported 653,970 shares. S&Co has 0.19% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 42,449 shares. Mufg Americas Holdg Corporation holds 0.01% or 6,057 shares. Goldman Sachs Gru reported 0.02% in National Oilwell Varco, Inc. (NYSE:NOV). Silchester Intll Invsts Llp, United Kingdom-based fund reported 21,875 shares. Glenmede Tru Na accumulated 0.01% or 38,225 shares. Contravisory Invest holds 0% or 51 shares in its portfolio. Paloma Prns Mngmt Co reported 57,889 shares stake. Segall Bryant Hamill Ltd Liability owns 46,416 shares or 0.04% of their US portfolio. Sandy Spring Natl Bank reported 13,285 shares. 8,167 were accumulated by Bokf Na. Rampart Investment Mngmt Limited Liability Company, a Massachusetts-based fund reported 4,661 shares. Peoples owns 7,600 shares. 11,155 were accumulated by Greylin Inv Mangement Inc.

Since February 28, 2018, it had 0 insider buys, and 1 sale for $264,657 activity.

National Oilwell Varco, Inc. (NYSE:NOV) Institutional Positions Chart