Hmi Capital Stake in Lpl Finl Hldgs (LPLA) Has Lowered as Shares Rose; Caxton Increases Position in Cm Fin (CMFN)

LPL Financial Holdings Inc. (NASDAQ:LPLA) Logo

Mick Hellman decreased its stake in Lpl Finl Hldgs Inc (LPLA) by 74.36% based on its latest 2018Q1 regulatory filing with the SEC. Hmi Capital Llc sold 1.40M shares as the company’s stock rose 7.61% while stock markets declined. The hedge fund run by Mick Hellman held 482,021 shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $29.44M, down from 1.88 million at the end of the previous reported quarter. Hmi Capital Llc who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be less bullish one the $6.22 billion market cap company. The stock increased 1.50% or $1.02 during the last trading session, reaching $68.99. About 673,192 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 79.45% since May 30, 2017 and is uptrending. It has outperformed by 66.88% the S&P500.

Caxton Corp increased its stake in Cm Fin Inc (CMFN) by 1050.21% based on its latest 2018Q1 regulatory filing with the SEC. Caxton Corp bought 739,370 shares as the company’s stock rose 10.78% while stock markets declined. The institutional investor held 809,772 shares of the company at the end of 2018Q1, valued at $6.64 million, up from 70,402 at the end of the previous reported quarter. Caxton Corp who had been investing in Cm Fin Inc for a number of months, seems to be bullish on the $129.39 million market cap company. The stock decreased 1.05% or $0.1 during the last trading session, reaching $9.45. About 53,229 shares traded or 95.67% up from the average. CM Finance Inc. (NASDAQ:CMFN) has declined 11.90% since May 30, 2017 and is downtrending. It has underperformed by 24.47% the S&P500.

More notable recent LPL Financial Holdings Inc. (NASDAQ:LPLA) news were published by: Globenewswire.com which released: “LPL Financial Announces First Quarter 2018 Results” on May 03, 2018, also Globenewswire.com with their article: “LPL Financial Presenting at Bernstein’s 34th Annual Strategic Decisions Conference” published on May 24, 2018, Businesswire.com published: “Glancy Prongay & Murray LLP Continues Investigation on Behalf of LPL Financial Holdings Inc. Investors (LPLA)” on May 22, 2018. More interesting news about LPL Financial Holdings Inc. (NASDAQ:LPLA) were released by: Globenewswire.com and their article: “LPL Financial Reports Monthly Activity for April 2018” published on May 22, 2018 as well as Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in Echo Global Logistics, TerraForm Power, LPL Financial, ConnectOne, Gevo …” with publication date: May 04, 2018.

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on July, 26. They expect $1.20 EPS, up 62.16% or $0.46 from last year’s $0.74 per share. LPLA’s profit will be $108.24M for 14.37 P/E if the $1.20 EPS becomes a reality. After $1.01 actual EPS reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts 18.81% EPS growth.

Investors sentiment increased to 1.35 in Q1 2018. Its up 0.33, from 1.02 in 2017Q4. It is positive, as 11 investors sold LPLA shares while 85 reduced holdings. 56 funds opened positions while 74 raised stakes. 79.75 million shares or 1.79% less from 81.20 million shares in 2017Q4 were reported. Earnest Prtn Ltd Liability Co holds 0% or 29 shares. Renaissance Techs Limited Liability holds 0.05% or 768,900 shares. Cubist Systematic Strategies Limited Liability Corporation accumulated 10,752 shares. Daiwa Securities Group reported 152,968 shares. Etrade Management Limited holds 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 7,356 shares. 276,800 are held by Soros Fund Mgmt Limited Liability Corp. Moreover, First Quadrant Ltd Partnership Ca has 0% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA). Sei Invs invested 0.02% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). State Of Wisconsin Inv Board has 17,708 shares for 0% of their portfolio. Grantham Mayo Van Otterloo & Com reported 3,600 shares or 0% of all its holdings. Royal Commercial Bank Of Canada holds 0% or 7,620 shares in its portfolio. Wealthtrust holds 0% or 6 shares in its portfolio. Northcoast Asset Llc holds 0.05% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 9,640 shares. 6,683 are owned by Hsbc Hldgs Public Ltd Company. Vaughan Nelson Mgmt Lp reported 579,251 shares.

Since February 5, 2018, it had 0 insider buys, and 15 sales for $93.93 million activity. $71.44M worth of LPL Financial Holdings Inc. (NASDAQ:LPLA) shares were sold by Hellman Marco. 11,206 shares were sold by Arnold Dan H., worth $711,159 on Wednesday, March 7. Shares for $353,521 were sold by RIEPE JAMES S. 2,764 shares were sold by Kalbaugh John Andrew, worth $180,213 on Friday, February 23. 6,050 shares valued at $420,959 were sold by Oroschakoff Michelle on Friday, May 11. White George Burton had sold 25,000 shares worth $1.64 million.

Hmi Capital Llc, which manages about $266.04M and $690.79 million US Long portfolio, upped its stake in Equinix Inc (NASDAQ:EQIX) by 66,337 shares to 318,376 shares, valued at $133.13 million in 2018Q1, according to the filing.

Among 11 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. LPL Financial Holdings had 51 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, November 2 by JP Morgan. Goldman Sachs downgraded it to “Sell” rating and $21 target in Tuesday, April 5 report. The company was maintained on Thursday, October 5 by Keefe Bruyette & Woods. Morgan Stanley maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) rating on Thursday, October 5. Morgan Stanley has “Underweight” rating and $42 target. The rating was initiated by Morgan Stanley with “Underweight” on Monday, September 26. The stock has “Neutral” rating by Nomura on Monday, April 4. The rating was maintained by SunTrust on Friday, February 2 with “Buy”. The rating was downgraded by UBS on Friday, October 2 to “Sell”. The rating was maintained by Nomura on Monday, July 11 with “Neutral”. The firm has “Outperform” rating given on Friday, March 18 by Credit Suisse.

Among 2 analysts covering CM Finance (NASDAQ:CMFN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CM Finance had 4 analyst reports since September 7, 2017 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, May 10 by Raymond James. Oppenheimer upgraded the shares of CMFN in report on Thursday, February 8 to “Buy” rating. The firm has “Market Perform” rating by Raymond James given on Friday, February 9.

Caxton Corp, which manages about $85.88M US Long portfolio, decreased its stake in Strongbridge Biopharma Plc by 138,955 shares to 5.38 million shares, valued at $47.31M in 2018Q1, according to the filing.

More news for CM Finance Inc. (NASDAQ:CMFN) were recently published by: Seekingalpha.com, which released: “CM Finance’s (CMFN) CEO Michael Mauer on Q3 2018 Results – Earnings Call Transcript” on May 12, 2018. Nasdaq.com‘s article titled: “CM Finance Inc Reports Results for its Fiscal Third Quarter ended March 31, 2018 and Announces Share Repurchase …” and published on May 08, 2018 is yet another important article.

LPL Financial Holdings Inc. (NASDAQ:LPLA) Institutional Positions Chart