Hollencrest Securities Has Upped Its Nvidia (NVDA) Stake by $403,095; Falcon Point Capital Holding in Watts Water Technologies (WTS) Increased by $1.48 Million as Share Price Declined

Watts Water Technologies, Inc. (NYSE:WTS) Logo

Hollencrest Securities Llc increased its stake in Nvidia Corp (NVDA) by 164% based on its latest 2018Q1 regulatory filing with the SEC. Hollencrest Securities Llc bought 1,745 shares as the company’s stock rose 1.09% while stock markets declined. The institutional investor held 2,809 shares of the semiconductors company at the end of 2018Q1, valued at $651,000, up from 1,064 at the end of the previous reported quarter. Hollencrest Securities Llc who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $146.20 billion market cap company. The stock increased 2.18% or $5.14 during the last trading session, reaching $240.86. About 8.12M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 80.30% since June 29, 2017 and is uptrending. It has outperformed by 67.73% the S&P500. Some Historical NVDA News: 29/03/2018 – DDN Storage Announces Groundbreaking 33GB/s Performance to NVIDIA DGX Servers to Accelerate Machine Learning and AI Initiatives; 27/03/2018 – NVIDIA CEO SAYS INVESTMENT IN SELF-DRIVING TECHNOLOGY WILL RISE, NOT FALL, IN AFTERMATH OF UBER FATALITY; 27/03/2018 – Preferred Networks to Launch “MN-1b” Private Sector Supercomputer Adopting NVIDIA Tesla V100 32GB GPUs; 17/05/2018 – The Inquirer.net: Nvidia’s Turing GPUs will reportedly debut in July; 18/04/2018 – Some of the major market leaders getting back in the saddle again! $AMZN $BA $CAT $GOOGL and $NVDA all surging and nearing their recent highs; 26/03/2018 – H2O.ai Unleashes H2O4GPU and Driverless AI for the Latest NVIDIA CUDA 9 and Tesla V100 Platforms; 07/05/2018 – Bank of America says buy Nvidia because of leadership in gaming business; 05/04/2018 – Citron pressing $NVDA short expect sub $200 soon. Mkt starting to realize that ML/DL is narrowing and hyper-scale core customers experimenting with diff prop hardware solutions, Ether spreads are dead, Auto- unknown. No need to write pages. Price action; 04/04/2018 – NeuLion’s MainConcept Business Enables HEVC/H.265 Encoding with NVIDIA Technology; 28/03/2018 – Ouster Launches Two New LIDAR Sensors, Adopts NVIDIA DRIVE Al Platform

Falcon Point Capital Llc increased its stake in Watts Water Technologies (WTS) by 36.04% based on its latest 2018Q1 regulatory filing with the SEC. Falcon Point Capital Llc bought 19,246 shares as the company’s stock declined 1.91% with the market. The institutional investor held 72,646 shares of the capital goods company at the end of 2018Q1, valued at $5.65 million, up from 53,400 at the end of the previous reported quarter. Falcon Point Capital Llc who had been investing in Watts Water Technologies for a number of months, seems to be bullish on the $2.67 billion market cap company. The stock decreased 0.19% or $0.15 during the last trading session, reaching $78.1. About 77,288 shares traded. Watts Water Technologies, Inc. (NYSE:WTS) has risen 23.94% since June 29, 2017 and is uptrending. It has outperformed by 11.37% the S&P500. Some Historical WTS News: 30/03/2018 – WATTS WATER TECHNOLOGIES DEPARTURE OF CFO; 30/03/2018 – Watts Water Technologies Names Robert Pagano Jr. Interim CFO; 07/05/2018 – WATTS WATER TECHNOLOGIES BOOSTS QTRLY DIV; 14/03/2018 – Watts Water Technologies to Participate in Seaport Global Transports & Industrials Conference; 03/05/2018 – WATTS WATER TECHNOLOGIES INC QTRLY ORGANIC SALES GROWTH + 4%; 22/03/2018 – Watts Water Closes Below 50-Day Moving Average: Technicals; 03/05/2018 – Watts Water 1Q EPS 82c; 09/03/2018 Watts Water Closes Above 50-Day Moving Average: Technicals; 19/03/2018 – Watts Partners with Planet Water Foundation to Bolster Clean Drinking Water Supply for Communities in Need in Puerto Rico; 30/03/2018 – Watts Water CFO To Leave For ‘new Opportunity’ At Abiomed — MarketWatch

Hollencrest Securities Llc, which manages about $1.14 billion and $763.35 million US Long portfolio, decreased its stake in Wells Fargo Bk N A (NYSE:WFC) by 8,465 shares to 9,771 shares, valued at $512,000 in 2018Q1, according to the filing. It also reduced its holding in Ishares Core S&P Small Cap Etf (IJR) by 16,006 shares in the quarter, leaving it with 100,552 shares, and cut its stake in Technology Select Sector Spdr (XLK).

Investors sentiment decreased to 1.2 in Q1 2018. Its down 0.01, from 1.21 in 2017Q4. It dived, as 65 investors sold NVDA shares while 328 reduced holdings. 142 funds opened positions while 328 raised stakes. 357.39 million shares or 1.72% less from 363.65 million shares in 2017Q4 were reported. Northeast Inv Mgmt holds 0.94% or 45,725 shares. Frontier Invest Mngmt reported 21,144 shares. Services Automobile Association accumulated 491,361 shares. Nine Masts Cap owns 0.01% invested in NVIDIA Corporation (NASDAQ:NVDA) for 192 shares. Plante Moran Fincl Advsr Limited Company holds 155 shares or 0.02% of its portfolio. Clarivest Asset Mngmt Limited Liability Corp has invested 1.04% in NVIDIA Corporation (NASDAQ:NVDA). Fincl Architects Inc has invested 0.22% in NVIDIA Corporation (NASDAQ:NVDA). 10,597 are owned by Wetherby Asset Mgmt. Excalibur Mgmt Corporation reported 1,927 shares. First Republic Investment Management accumulated 103,523 shares. 2,378 are held by Caisse De Depot Et Placement Du Quebec. Orrstown Svcs reported 200 shares. 1,836 are held by Intersect. Sandy Spring Financial Bank reported 6,845 shares stake. Nordea owns 0.1% invested in NVIDIA Corporation (NASDAQ:NVDA) for 186,057 shares.

Among 47 analysts covering Nvidia Corporation (NASDAQ:NVDA), 29 have Buy rating, 3 Sell and 15 Hold. Therefore 62% are positive. Nvidia Corporation had 209 analyst reports since August 3, 2015 according to SRatingsIntel. As per Friday, March 18, the company rating was initiated by Argus Research. The rating was maintained by Argus Research with “Buy” on Monday, August 15. The rating was maintained by Wedbush with “Outperform” on Wednesday, June 15. As per Tuesday, January 10, the company rating was maintained by Canaccord Genuity. Mizuho maintained it with “Buy” rating and $265.0 target in Thursday, February 8 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Friday, August 7 by Roth Capital. The rating was maintained by Goldman Sachs with “Buy” on Friday, May 11. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Underweight” rating given on Wednesday, August 10 by Barclays Capital. The stock has “Overweight” rating by Barclays Capital on Friday, May 11. The rating was maintained by Goldman Sachs on Friday, January 5 with “Buy”.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Is Nvidia Overpriced Now?” on June 01, 2018, also Seekingalpha.com with their article: “In Case We’re Wrong About Nvidia” published on June 04, 2018, Forbes.com published: “What Are Nvidia’s Key Sources Of Revenue?” on June 27, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Seekingalpha.com and their article: “Nvidia Appears To Have A GPU Inventory Problem” published on June 19, 2018 as well as Thestreet.com‘s news article titled: “Nvidia Just Lost $13 Billion in Market Value for No Good Reason” with publication date: June 27, 2018.

Since February 12, 2018, it had 0 buys, and 12 sales for $66.10 million activity. 21,029 shares were sold by SEAWELL A BROOKE, worth $5.57 million. On Monday, May 21 the insider Byron Michael sold $3.71 million. STEVENS MARK A sold $10.03 million worth of stock. Another trade for 32,049 shares valued at $7.67M was made by Shoquist Debora on Tuesday, March 27. 17,307 shares valued at $3.94 million were sold by PERRY MARK L on Monday, February 12. Another trade for 5,141 shares valued at $1.13M was sold by Drell Persis.

Investors sentiment increased to 1.23 in 2018 Q1. Its up 0.04, from 1.19 in 2017Q4. It is positive, as 8 investors sold WTS shares while 67 reduced holdings. 31 funds opened positions while 61 raised stakes. 25.29 million shares or 0.89% less from 25.52 million shares in 2017Q4 were reported. Hsbc Holdings Public Ltd Co has invested 0% in Watts Water Technologies, Inc. (NYSE:WTS). Riverhead Capital Ltd Llc holds 0.01% or 2,605 shares in its portfolio. Great Lakes Advsr Limited owns 76,354 shares or 0.14% of their US portfolio. Ledyard Bank & Trust holds 10,655 shares. Eqis Management Incorporated accumulated 6,375 shares. Dimensional Fund Advsrs Lp has invested 0.03% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). State Street Corporation holds 750,060 shares or 0% of its portfolio. Royal National Bank Of Canada reported 1,671 shares. 186,770 were accumulated by Btim Corp. Proshare Advisors Limited Liability Com holds 0% in Watts Water Technologies, Inc. (NYSE:WTS) or 4,417 shares. Employees Retirement Association Of Colorado has invested 0% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS). Northern has 952,176 shares. Rhumbline Advisers stated it has 70,903 shares. Tiaa Cref Inv Management Ltd Llc accumulated 215,901 shares. Vanguard Gru reported 0.01% of its portfolio in Watts Water Technologies, Inc. (NYSE:WTS).

Among 12 analysts covering Watts Water Technologies (NYSE:WTS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Watts Water Technologies had 32 analyst reports since August 17, 2015 according to SRatingsIntel. Northcoast upgraded the stock to “Buy” rating in Monday, September 18 report. Oppenheimer downgraded the stock to “Perform” rating in Monday, January 4 report. As per Monday, May 7, the company rating was maintained by Robert W. Baird. Stifel Nicolaus maintained it with “Buy” rating and $90.0 target in Wednesday, February 14 report. As per Thursday, January 18, the company rating was maintained by Northcoast. Cowen & Co upgraded Watts Water Technologies, Inc. (NYSE:WTS) rating on Monday, August 17. Cowen & Co has “Market Perform” rating and $55 target. The rating was maintained by Cowen & Co on Thursday, July 20 with “Hold”. The rating was maintained by Robert W. Baird on Wednesday, October 4 with “Hold”. Zacks upgraded it to “Buy” rating and $60 target in Monday, September 21 report. The firm earned “Hold” rating on Thursday, August 3 by Oppenheimer.

Falcon Point Capital Llc, which manages about $364.50M and $500.20 million US Long portfolio, decreased its stake in Conns Inc. (NASDAQ:CONN) by 54,911 shares to 341,404 shares, valued at $11.61 million in 2018Q1, according to the filing. It also reduced its holding in Carrizo Oil & Gas Inc. (NASDAQ:CRZO) by 58,072 shares in the quarter, leaving it with 313,894 shares, and cut its stake in Hostess Brands Inc.

Watts Water Technologies, Inc. (NYSE:WTS) Institutional Positions Chart