As Mistras Group (MG) Stock Price Declined, Advent International Has Lowered by $2.08 Million Its Position; Hmi Capital Holding in Autodesk (ADSK) Has Lowered by $26.13 Million as Stock Price Rose

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Advent International Corp decreased its stake in Mistras Group Inc (MG) by 28.06% based on its latest 2018Q1 regulatory filing with the SEC. Advent International Corp sold 115,666 shares as the company’s stock declined 5.63% with the market. The hedge fund held 296,495 shares of the military and government and technical company at the end of 2018Q1, valued at $5.62 million, down from 412,161 at the end of the previous reported quarter. Advent International Corp who had been investing in Mistras Group Inc for a number of months, seems to be less bullish one the $541.47 million market cap company. The stock increased 1.11% or $0.21 during the last trading session, reaching $19.11. About 59,448 shares traded. Mistras Group, Inc. (NYSE:MG) has declined 8.46% since May 31, 2017 and is downtrending. It has underperformed by 21.03% the S&P500.

Mick Hellman decreased its stake in Autodesk Inc (ADSK) by 23.53% based on its latest 2018Q1 regulatory filing with the SEC. Hmi Capital Llc sold 209,000 shares as the company’s stock rose 13.54% while stock markets declined. The hedge fund run by Mick Hellman held 679,220 shares of the technology company at the end of 2018Q1, valued at $85.30M, down from 888,220 at the end of the previous reported quarter. Hmi Capital Llc who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $28.35 billion market cap company. The stock decreased 0.19% or $0.25 during the last trading session, reaching $129.37. About 1.98M shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 16.56% since May 31, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

More news for Mistras Group, Inc. (NYSE:MG) were recently published by: Seekingalpha.com, which released: “Mistras Group’s (MG) CEO Dennis Bertolotti on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018. Globenewswire.com‘s article titled: “Mistras Group Announces First Quarter Results” and published on May 07, 2018 is yet another important article.

Among 10 analysts covering Mistras Group (NYSE:MG), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Mistras Group had 29 analyst reports since August 7, 2015 according to SRatingsIntel. Scotia Capital maintained the shares of MG in report on Monday, February 27 with “Outperform” rating. Stephens maintained Mistras Group, Inc. (NYSE:MG) rating on Tuesday, March 13. Stephens has “Hold” rating and $22.0 target. The stock of Mistras Group, Inc. (NYSE:MG) earned “Hold” rating by Robert W. Baird on Friday, November 3. The stock of Mistras Group, Inc. (NYSE:MG) has “Hold” rating given on Thursday, January 18 by Canaccord Genuity. The company was maintained on Monday, May 15 by BMO Capital Markets. Scotia Capital maintained the stock with “Outperform” rating in Friday, November 4 report. On Thursday, April 7 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. Stephens maintained it with “Hold” rating and $24.0 target in Thursday, January 18 report. As per Friday, March 17, the company rating was downgraded by Bank of America. The firm earned “Hold” rating on Wednesday, August 9 by Canaccord Genuity.

Advent International Corp, which manages about $32.03 billion and $4.99 billion US Long portfolio, upped its stake in Transdigm Group Inc. (NYSE:TDG) by 34,750 shares to 113,075 shares, valued at $34.71M in 2018Q1, according to the filing. It also increased its holding in Cheniere Energy Inc (NYSEMKT:LNG) by 13,513 shares in the quarter, for a total of 256,178 shares, and has risen its stake in Five Below (NASDAQ:FIVE).

Investors sentiment decreased to 1.03 in Q1 2018. Its down 0.32, from 1.35 in 2017Q4. It is negative, as 10 investors sold MG shares while 22 reduced holdings. 7 funds opened positions while 26 raised stakes. 15.99 million shares or 6.91% less from 17.17 million shares in 2017Q4 were reported. Great West Life Assurance Can owns 5,000 shares for 0% of their portfolio. Serv Automobile Association accumulated 0.02% or 356,097 shares. Moreover, Los Angeles Mgmt & Equity Research has 0% invested in Mistras Group, Inc. (NYSE:MG). Manufacturers Life Insurance Company The reported 14,590 shares. Citigroup Inc holds 2,896 shares. Goldman Sachs Group Inc Inc reported 0% of its portfolio in Mistras Group, Inc. (NYSE:MG). Northern Tru Corporation invested in 202,693 shares or 0% of the stock. Metropolitan Life Insur Communications Ny owns 6,186 shares. Nj State Employees Deferred Compensation Plan owns 28,000 shares. Schwab Charles Investment Mngmt Inc holds 0% in Mistras Group, Inc. (NYSE:MG) or 81,445 shares. Amer Group invested in 0% or 11,059 shares. Broad Run Inv Lc invested in 1.58 million shares or 0.97% of the stock. Millennium Llc, New York-based fund reported 72,663 shares. Jpmorgan Chase And accumulated 3,483 shares. Geode Mngmt Limited holds 0% of its portfolio in Mistras Group, Inc. (NYSE:MG) for 151,366 shares.

Analysts await Mistras Group, Inc. (NYSE:MG) to report earnings on August, 14. They expect $0.16 EPS, up 77.78% or $0.07 from last year’s $0.09 per share. MG’s profit will be $4.53M for 29.86 P/E if the $0.16 EPS becomes a reality. After $0.10 actual EPS reported by Mistras Group, Inc. for the previous quarter, Wall Street now forecasts 60.00% EPS growth.

Since May 10, 2018, it had 0 insider buys, and 1 insider sale for $55,190 activity.

Hmi Capital Llc, which manages about $266.04M and $690.79M US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 145,000 shares to 2.80M shares, valued at $89.39M in 2018Q1, according to the filing.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.04, from 1.08 in 2017Q4. It is negative, as 54 investors sold ADSK shares while 179 reduced holdings. 84 funds opened positions while 158 raised stakes. 201.43 million shares or 1.64% less from 204.78 million shares in 2017Q4 were reported. Vident Investment Advisory Ltd Llc holds 0.9% or 170,769 shares. Iridian Asset Management Limited Liability Ct invested in 1.25M shares. World Asset invested 0.08% in Autodesk, Inc. (NASDAQ:ADSK). Caprock Group Inc reported 2,327 shares stake. Signaturefd Ltd Limited Liability Company stated it has 522 shares. 30,197 are owned by Jane Street Gp Ltd Llc. Jana Prtn Ltd Liability Company has invested 4.73% in Autodesk, Inc. (NASDAQ:ADSK). Hanson Mcclain reported 0% stake. The Illinois-based Balyasny Asset Mngmt Limited Liability has invested 0.36% in Autodesk, Inc. (NASDAQ:ADSK). First Personal Financial Serv holds 484 shares or 0.01% of its portfolio. Whittier Tru Co owns 561 shares or 0% of their US portfolio. Hermes Investment Mgmt Limited reported 0% in Autodesk, Inc. (NASDAQ:ADSK). Great West Life Assurance Can holds 148,134 shares or 0.05% of its portfolio. 14,122 are owned by Financial Bank. Atika Management Lc holds 45,500 shares or 1.96% of its portfolio.

Since March 7, 2018, it had 0 insider purchases, and 8 selling transactions for $6.09 million activity. Another trade for 1,500 shares valued at $199,665 was sold by BEVERIDGE CRAWFORD W. The insider Blum Steven M sold 20,458 shares worth $2.53M. The insider Underwood Paul D. sold $77,981. 20,499 shares valued at $2.57M were sold by Anagnost Andrew on Thursday, March 29.

Mistras Group, Inc. (NYSE:MG) Institutional Positions Chart