Wednesday, 31 January 2018

Veeva Systems Cmn (VEEV) Shareholder Cantab Capital Partners Llp Decreased Holding; Holderness Investments Company Increased Position in Sonoco Prods Co (SON) as Stock Value Declined

Cantab Capital Partners Llp decreased its stake in Veeva Systems Inc Cmn (VEEV) by 47.2% based on its latest 2017Q3 regulatory filing with the SEC. Cantab Capital Partners Llp sold 10,869 shares as the company’s stock rose 37.51% with the market. The institutional investor held 12,159 shares of the prepackaged software company at the end of 2017Q3, valued at $686.00 million, down from 23,028 at the end of the previous reported quarter. Cantab Capital Partners Llp who had been investing in Veeva Systems Inc Cmn for a number of months, seems to be less bullish one the $8.77B market cap company. The stock increased 2.90% or $1.75 during the last trading session, reaching $62.07. About 1.79M shares traded or 71.72% up from the average. Veeva Systems Inc. (NYSE:VEEV) has risen 114.93% since January 30, 2017 and is uptrending. It has outperformed by 98.23% the S&P500.

Holderness Investments Company increased its stake in Sonoco Prods Co (SON) by 90.77% based on its latest 2017Q3 regulatory filing with the SEC. Holderness Investments Company bought 7,782 shares as the company’s stock declined 4.77% while stock markets rallied. The institutional investor held 16,355 shares of the containers and packaging company at the end of 2017Q3, valued at $825,000, up from 8,573 at the end of the previous reported quarter. Holderness Investments Company who had been investing in Sonoco Prods Co for a number of months, seems to be bullish on the $5.46 billion market cap company. The stock increased 0.81% or $0.44 during the last trading session, reaching $54.92. About 621,141 shares traded or 54.21% up from the average. Sonoco Products Company (NYSE:SON) has risen 9.55% since January 30, 2017 and is uptrending. It has underperformed by 7.15% the S&P500.

Among 14 analysts covering Veeva Systems (NYSE:VEEV), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. Veeva Systems had 44 analyst reports since August 28, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Veeva Systems Inc. (NYSE:VEEV) on Wednesday, November 23 with “Buy” rating. Needham maintained the stock with “Buy” rating in Friday, August 25 report. On Tuesday, August 23 the stock rating was maintained by Citigroup with “Neutral”. The firm earned “Buy” rating on Wednesday, November 23 by Canaccord Genuity. Canaccord Genuity maintained it with “Buy” rating and $35 target in Wednesday, November 25 report. Leerink Swann maintained Veeva Systems Inc. (NYSE:VEEV) on Wednesday, November 25 with “Market Perform” rating. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, March 2. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, September 30. Stifel Nicolaus maintained the shares of VEEV in report on Wednesday, August 31 with “Buy” rating. The firm has “Buy” rating given on Friday, May 27 by Stifel Nicolaus.

Cantab Capital Partners Llp, which manages about $696.17B US Long portfolio, upped its stake in Miller Herman Inc. Cmn (NASDAQ:MLHR) by 3,490 shares to 52,087 shares, valued at $1.87B in 2017Q3, according to the filing. It also increased its holding in Inc Research Holdings Inc. Cmn (NASDAQ:INCR) by 1,883 shares in the quarter, for a total of 12,196 shares, and has risen its stake in Akamai Technologies Inc Cmn (NASDAQ:AKAM).

Investors sentiment decreased to 1.63 in Q3 2017. Its down 0.13, from 1.76 in 2017Q2. It turned negative, as 33 investors sold VEEV shares while 78 reduced holdings. 51 funds opened positions while 130 raised stakes. 95.88 million shares or 1.09% more from 94.85 million shares in 2017Q2 were reported. Amundi Pioneer Asset has 0.02% invested in Veeva Systems Inc. (NYSE:VEEV). Highlander Capital Management Lc has invested 0.01% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Bamco New York holds 0.01% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 48,882 shares. Vanguard Inc holds 9.62M shares. Tiaa Cref Lc accumulated 0.03% or 786,461 shares. Seabridge Advsr Limited Liability Corp invested 0.01% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). 916,259 are held by Geode Cap Mgmt Ltd Llc. Glenmede Tru Na accumulated 23,460 shares. Morgan Stanley invested 0.17% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Pictet Asset Mngmt has 34,200 shares. Bluemountain Cap Management Lc holds 94,079 shares or 0.11% of its portfolio. Schwab Charles Mngmt Incorporated stated it has 0.02% in Veeva Systems Inc. (NYSE:VEEV). Strs Ohio owns 1,393 shares. Gotham Asset Management Ltd Com has invested 0.15% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Natixis Asset Mngmt accumulated 15,870 shares.

Since August 7, 2017, it had 0 buys, and 30 selling transactions for $22.41 million activity. Faddis Jonathan sold 931 shares worth $54,687. The insider Cabral Timothy S sold $2.79 million. $188,970 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by CODD RONALD E F. $53,995 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by MATEO ALAN. Zuppas Eleni Nitsa sold $78,065 worth of stock. Ritter Gordon sold 10,200 shares worth $585,572.

Analysts await Veeva Systems Inc. (NYSE:VEEV) to report earnings on February, 27. They expect $0.15 earnings per share, 0.00% or $0.00 from last year’s $0.15 per share. VEEV’s profit will be $21.20M for 103.45 P/E if the $0.15 EPS becomes a reality. After $0.15 actual earnings per share reported by Veeva Systems Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Holderness Investments Company, which manages about $115.47M and $192.42M US Long portfolio, decreased its stake in Wisdomtree Tr (HEDJ) by 9,911 shares to 17,353 shares, valued at $1.12 million in 2017Q3, according to the filing.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.08, from 1.27 in 2017Q2. It is negative, as 26 investors sold SON shares while 98 reduced holdings. 36 funds opened positions while 112 raised stakes. 69.34 million shares or 1.59% less from 70.45 million shares in 2017Q2 were reported. Rockefeller Financial Services owns 307 shares or 0% of their US portfolio. Pacad Inv owns 3,000 shares for 0.03% of their portfolio. Signaturefd Ltd Liability Co holds 0.03% or 4,690 shares. Bankshares Of Mellon Corporation has 1.36 million shares. Caxton Assoc LP stated it has 0.02% of its portfolio in Sonoco Products Company (NYSE:SON). 72,564 were accumulated by Texas Permanent School Fund. Quantitative Systematic Strategies Lc has invested 0.08% of its portfolio in Sonoco Products Company (NYSE:SON). 99,500 were reported by Dekabank Deutsche Girozentrale. New York-based First Manhattan has invested 0.01% in Sonoco Products Company (NYSE:SON). Orrstown Service reported 25 shares stake. Amalgamated Comml Bank holds 18,697 shares. Renaissance Technology Ltd stated it has 0.05% in Sonoco Products Company (NYSE:SON). Schwab Charles Invest Incorporated reported 507,158 shares stake. Tocqueville Asset Lp holds 320,100 shares or 0.19% of its portfolio. Aperio Group Limited Liability Com accumulated 0.02% or 80,971 shares.

Among 13 analysts covering Sonoco Products Company (NYSE:SON), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Sonoco Products Company had 37 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Friday, July 21 with “Underperform”. The stock of Sonoco Products Company (NYSE:SON) has “Hold” rating given on Friday, March 18 by Vertical Research. The rating was maintained by BMO Capital Markets on Friday, August 25 with “Hold”. The firm has “Hold” rating given on Tuesday, August 25 by Zacks. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. The firm has “Outperform” rating given on Monday, November 23 by Macquarie Research. The company was upgraded on Wednesday, August 2 by Vertical Research. On Friday, December 15 the stock rating was upgraded by Barclays Capital to “Equal-Weight”. Goldman Sachs initiated it with “Neutral” rating and $50 target in Thursday, May 12 report. The rating was downgraded by Vertical Research on Friday, July 22 to “Sell”.

The post Veeva Systems Cmn (VEEV) Shareholder Cantab Capital Partners Llp Decreased Holding; Holderness Investments Company Increased Position in Sonoco Prods Co (SON) as Stock Value Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.



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