Monday, 30 April 2018

Ci Global Investments Has Trimmed Position in Dollar Tree (DLTR) by $49.04 Million as Share Price Declined; As Logmein (LOGM) Valuation Rose, Shareholder Clough Capital Partners LP Cut by $2.42 Million Its Position

Dollar Tree, Inc. (NASDAQ:DLTR) Logo

Ci Global Investments Inc decreased its stake in Dollar Tree Inc (DLTR) by 99.97% based on its latest 2017Q4 regulatory filing with the SEC. Ci Global Investments Inc sold 458,319 shares as the company’s stock declined 14.46% with the market. The institutional investor held 130 shares of the consumer services company at the end of 2017Q4, valued at $14,000, down from 458,449 at the end of the previous reported quarter. Ci Global Investments Inc who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $23.11 billion market cap company. The stock increased 0.44% or $0.43 during the last trading session, reaching $97.36. About 1.69M shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 22.99% since April 30, 2017 and is uptrending. It has outperformed by 11.44% the S&P500.

Charles Clough decreased its stake in Logmein Inc (LOGM) by 17.04% based on its latest 2017Q4 regulatory filing with the SEC. Clough Capital Partners LP sold 21,200 shares as the company’s stock rose 1.31% while stock markets declined. The hedge fund run by Charles Clough held 103,224 shares of the technology company at the end of 2017Q4, valued at $11.82 million, down from 124,424 at the end of the previous reported quarter. Clough Capital Partners LP who had been investing in Logmein Inc for a number of months, seems to be less bullish one the $6.00 billion market cap company. The stock decreased 4.10% or $4.9 during the last trading session, reaching $114.7. About 1.89 million shares traded or 242.11% up from the average. LogMeIn, Inc. (NASDAQ:LOGM) has risen 20.98% since April 30, 2017 and is uptrending. It has outperformed by 9.43% the S&P500.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.14, from 1.03 in 2017Q3. It improved, as 39 investors sold DLTR shares while 197 reduced holdings. 102 funds opened positions while 175 raised stakes. 204.89 million shares or 1.30% more from 202.27 million shares in 2017Q3 were reported. 1St Source State Bank stated it has 2,746 shares. Peloton Wealth Strategists stated it has 18,175 shares or 1.45% of all its holdings. Gideon Advsrs Inc holds 0.19% or 1,998 shares. Pggm Invests stated it has 0.03% in Dollar Tree, Inc. (NASDAQ:DLTR). Hexavest has 0.82% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 672,764 shares. Meiji Yasuda Asset Mngmt reported 22,710 shares. Moreover, Creative Planning has 0% invested in Dollar Tree, Inc. (NASDAQ:DLTR). Bluecrest Management Limited owns 0.18% invested in Dollar Tree, Inc. (NASDAQ:DLTR) for 60,000 shares. Public Employees Retirement Of Ohio has invested 0.06% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Pictet Asset Mngmt holds 0.03% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 125,285 shares. State Common Retirement Fund stated it has 0.07% in Dollar Tree, Inc. (NASDAQ:DLTR). Calamos Wealth Mgmt Ltd has invested 0.08% in Dollar Tree, Inc. (NASDAQ:DLTR). California-based Fdx Advisors has invested 0.07% in Dollar Tree, Inc. (NASDAQ:DLTR). Tcw Gp reported 0.01% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Livingston Group Inc Asset Communications (Operating As Southport Capital Management) owns 4,266 shares for 0.17% of their portfolio.

Among 36 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 28 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Dollar Tree Inc. had 119 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by TheStreet to “Hold” on Thursday, September 3. The firm has “Buy” rating by UBS given on Friday, May 27. The rating was maintained by Jefferies with “Hold” on Friday, May 27. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, March 8. Buckingham Research maintained it with “Buy” rating and $93 target in Friday, August 25 report. Raymond James downgraded the shares of DLTR in report on Wednesday, March 2 to “Market Perform” rating. The stock has “Buy” rating by Cleveland on Wednesday, October 4. The rating was initiated by Loop Capital on Wednesday, December 7 with “Hold”. The rating was maintained by RBC Capital Markets on Thursday, May 25 with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, August 24 with “Buy”.

Since March 9, 2018, it had 1 buy, and 4 sales for $746,247 activity. $569,084 worth of stock was sold by BARRON ARNOLD S on Tuesday, March 20. 2,764 Dollar Tree, Inc. (NASDAQ:DLTR) shares with value of $258,987 were sold by RUDMAN ROBERT H.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on May, 24. They expect $1.25 earnings per share, up 27.55% or $0.27 from last year’s $0.98 per share. DLTR’s profit will be $296.67M for 19.47 P/E if the $1.25 EPS becomes a reality. After $1.89 actual earnings per share reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts -33.86% negative EPS growth.

Ci Global Investments Inc, which manages about $9.58B and $5.19 billion US Long portfolio, upped its stake in Symantec Corp (NASDAQ:SYMC) by 2.70 million shares to 12.64M shares, valued at $354.82 million in 2017Q4, according to the filing. It also increased its holding in Us Bancorp Del (NYSE:USB) by 49,633 shares in the quarter, for a total of 67,156 shares, and has risen its stake in Spdr Gold Trust (GLD).

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.26, from 1.33 in 2017Q3. It turned negative, as 44 investors sold LOGM shares while 110 reduced holdings. 53 funds opened positions while 112 raised stakes. 51.12 million shares or 0.18% more from 51.03 million shares in 2017Q3 were reported. Ohio-based Stratos Wealth has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). First Manhattan Company owns 41 shares. Macquarie Gru Limited has 0.04% invested in LogMeIn, Inc. (NASDAQ:LOGM). Cubist Systematic Strategies Ltd Com reported 4,844 shares. Brant Point Invest Mngmt Limited owns 1.11% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 95,468 shares. Moneta Group Inc Inv holds 18 shares or 0% of its portfolio. 170 were reported by Oakworth Cap Inc. Sandy Spring Retail Bank has 1,668 shares for 0.02% of their portfolio. M&T Natl Bank Corporation, a New York-based fund reported 2,178 shares. Envestnet Asset Management owns 12,331 shares or 0% of their US portfolio. Ci has invested 0.04% in LogMeIn, Inc. (NASDAQ:LOGM). Aperio Limited holds 35,687 shares or 0.02% of its portfolio. Shelton Cap owns 4,045 shares. 114,953 were reported by California Pub Employees Retirement. Citigroup Inc has 0% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 12,225 shares.

Dollar Tree, Inc. (NASDAQ:DLTR) Institutional Positions Chart

The post Ci Global Investments Has Trimmed Position in Dollar Tree (DLTR) by $49.04 Million as Share Price Declined; As Logmein (LOGM) Valuation Rose, Shareholder Clough Capital Partners LP Cut by $2.42 Million Its Position appeared first on Stock Market News | HillCountryTimes | Get it Today.



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