Sunday 1 July 2018

Norris Perne & French Llp Position in Ford Motor Company (F) Has Cut as Market Value Rose; As Convergys (CVG) Valuation Rose, Dean Capital Management Increased Holding by $1.13 Million

Convergys Corporation (NYSE:CVG) Logo

Norris Perne & French Llp decreased its stake in Ford Motor Company (F) by 66.83% based on its latest 2018Q1 regulatory filing with the SEC. Norris Perne & French Llp sold 33,800 shares as the company’s stock rose 5.69% while stock markets declined. The institutional investor held 16,779 shares of the auto manufacturing company at the end of 2018Q1, valued at $186,000, down from 50,579 at the end of the previous reported quarter. Norris Perne & French Llp who had been investing in Ford Motor Company for a number of months, seems to be less bullish one the $44.97B market cap company. The stock increased 0.04% or $0.005 during the last trading session, reaching $11.285. About 6.80M shares traded. Ford Motor Company (NYSE:F) has risen 7.18% since June 29, 2017 and is uptrending. It has underperformed by 5.39% the S&P500. Some Historical F News: 22/03/2018 – India’s Mahindra, U.S. carmaker Ford to develop SUVs, electric vehicle; 18/05/2018 – Fitch Affirms Ford & Ford Credit IDRs at ‘BBB’; Outlook Stable; 03/04/2018 – NARA: The National Archives Celebrates Betty Ford Centennial Tuesday, April 3, 2018; 05/03/2018 – The automaker is retooling the plant for the reintroduction of the Ford Ranger and Bronco models; 27/03/2018 – Pioneer Natural to Sell Selected Eagle Ford Shale Acreage to Sundance Energy for $102M; 12/04/2018 – Paice: Terms of Ford Licensing Agreement Are Confidential; 06/04/2018 – Trump administration mulls stiffer rules for imported cars; 25/04/2018 – Ford beat analyst expectations, helped by lower taxes and cost cutting measures; 17/04/2018 – FORD EURO 20 MARCH CAR SALES FALL 12.4%; 26/04/2018 – Ford will only update the Focus Active crossover and Mustang for the U.S. market, while GM called out a challenging passenger car environment

Dean Capital Management increased its stake in Convergys Corp (CVG) by 48.02% based on its latest 2018Q1 regulatory filing with the SEC. Dean Capital Management bought 51,361 shares as the company’s stock rose 2.40% while stock markets declined. The institutional investor held 158,327 shares of the edp services company at the end of 2018Q1, valued at $3.58 million, up from 106,966 at the end of the previous reported quarter. Dean Capital Management who had been investing in Convergys Corp for a number of months, seems to be bullish on the $2.28 billion market cap company. The stock decreased 1.85% or $0.47 during the last trading session, reaching $24.9. About 1.53 million shares traded or 87.20% up from the average. Convergys Corporation (NYSE:CVG) has declined 0.75% since June 29, 2017 and is downtrending. It has underperformed by 13.32% the S&P500. Some Historical CVG News: 11/05/2018 – CONVERGYS KICKED OFF SALES PROCESS AFTER ITS CEO DECIDED TO STEP DOWN AND IS DEEP INTO DISCUSSIONS WITH A NUMBER OF PARTIES – WSJ, CITING; 10/04/2018 – Convergys Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – As Intelligent Customer Care Platforms Experience Rapid Growth, Convergys Introduces Conversational Virtual Assistant Technolog; 08/05/2018 – CONVERGYS SEES FY ADJ EPS UP TO -10%; 11/05/2018 – Convergys Is in Talks With Potential Buyers of the Call-Center Co; 08/05/2018 – CONVERGYS 1Q REV. $674M, EST. $670.3M; 21/03/2018 – Conversational Customer Care Reduces 80% of Repeat Callers; 08/05/2018 – CONVERGYS CORP CVG.N FY2018 SHR VIEW $1.68, REV VIEW $2.64 BLN — THOMSON REUTERS l/B/E/S; 11/05/2018 – CONVERGYS IS IN TALKS WITH SEVERAL POTENTIAL BUYERS – WSJ, CITING; 08/05/2018 – CONVERGYS CORP – CONFIRMING 2018 GUIDANCE

Investors sentiment increased to 1.06 in 2018 Q1. Its up 0.06, from 1 in 2017Q4. It improved, as 22 investors sold CVG shares while 80 reduced holdings. 35 funds opened positions while 73 raised stakes. 90.38 million shares or 1.74% more from 88.84 million shares in 2017Q4 were reported. Robeco Institutional Asset Management Bv has 0.06% invested in Convergys Corporation (NYSE:CVG) for 535,845 shares. Morgan Stanley holds 709,464 shares. Moreover, Gam Ag has 0.05% invested in Convergys Corporation (NYSE:CVG). Cipher Capital LP invested in 0.03% or 11,191 shares. New Mexico Educational Retirement Board accumulated 25,500 shares. Orrstown Financial stated it has 85 shares or 0% of all its holdings. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys owns 24,702 shares. Stone Ridge Asset Management Lc invested in 71,597 shares. 2.65M were reported by Aqr Capital Ltd Liability Corp. Teton Advsrs reported 37,920 shares. Gradient Invs Limited Liability Co reported 0% of its portfolio in Convergys Corporation (NYSE:CVG). Invesco Limited owns 0% invested in Convergys Corporation (NYSE:CVG) for 52,519 shares. Numerixs Invest Technologies holds 0.04% or 7,000 shares. 91,970 are held by James Rech. 35,309 are held by Oregon Pub Employees Retirement Fund.

Since March 5, 2018, it had 0 insider buys, and 2 selling transactions for $777,901 activity. Ayers Andrea J. sold $697,413 worth of stock.

Dean Capital Management, which manages about $555.00 million and $202.14 million US Long portfolio, decreased its stake in Dst Systems Inc (NYSE:DST) by 13,935 shares to 48,180 shares, valued at $4.03M in 2018Q1, according to the filing.

More important recent Convergys Corporation (NYSE:CVG) news were published by: Streetinsider.com which released: “UPDATE: Convergys (CVG) PT Raised to $26.50 at Citi Following Acquisition Announcement” on June 29, 2018, also Seekingalpha.com published article titled: “Synnex acquires Convergys for $2.43B”, Streetinsider.com published: “Form 8-K SYNNEX CORP For: Jun 28” on June 29, 2018. More interesting news about Convergys Corporation (NYSE:CVG) was released by: Globenewswire.com and their article: “Analysis: Positioning to Benefit within News Corporation, Realty Income, The Hartford Financial Services Group …” with publication date: June 27, 2018.

Among 8 analysts covering Convergys Corp (NYSE:CVG), 0 have Buy rating, 0 Sell and 8 Hold. Therefore 0 are positive. Convergys Corp had 17 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, October 9 by SunTrust. The stock of Convergys Corporation (NYSE:CVG) has “Sell” rating given on Friday, August 14 by Zacks. Sidoti upgraded the stock to “Buy” rating in Wednesday, January 6 report. The stock of Convergys Corporation (NYSE:CVG) has “Neutral” rating given on Friday, November 10 by Citigroup. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 20 report. The firm has “Hold” rating by Robert W. Baird given on Thursday, February 22. Zacks upgraded the shares of CVG in report on Wednesday, August 26 to “Sell” rating. Robert W. Baird maintained Convergys Corporation (NYSE:CVG) rating on Thursday, January 25. Robert W. Baird has “Hold” rating and $23.0 target. The firm earned “Neutral” rating on Monday, April 4 by Sidoti. The firm has “Neutral” rating by Sidoti given on Wednesday, October 21.

Since March 2, 2018, it had 1 insider purchase, and 3 insider sales for $5.12 million activity. Shares for $324,875 were sold by Galhotra Ashwani Kumar on Friday, March 2. $55,872 worth of stock was bought by LECHLEITER JOHN C on Friday, May 11. $4.69 million worth of Ford Motor Company (NYSE:F) shares were sold by FORD WILLIAM CLAY JR.

Norris Perne & French Llp, which manages about $1.06B and $687.39 million US Long portfolio, upped its stake in Wells Fargo Co New Com (NYSE:WFC) by 58,372 shares to 186,906 shares, valued at $9.80 million in 2018Q1, according to the filing. It also increased its holding in Johnson & Johnson Com (NYSE:JNJ) by 10,837 shares in the quarter, for a total of 78,977 shares, and has risen its stake in Middleby Corp (NASDAQ:MIDD).

Analysts await Ford Motor Company (NYSE:F) to report earnings on July, 25. They expect $0.43 earnings per share, down 23.21% or $0.13 from last year’s $0.56 per share. F’s profit will be $1.71 billion for 6.56 P/E if the $0.43 EPS becomes a reality. After $0.43 actual earnings per share reported by Ford Motor Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 29 analysts covering F&M Bank (NYSE:F), 11 have Buy rating, 2 Sell and 16 Hold. Therefore 38% are positive. F&M Bank had 68 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Credit Suisse given on Wednesday, February 24. The firm has “Neutral” rating given on Friday, August 4 by Nomura. The company was upgraded on Friday, February 3 by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Monday, October 30 report. The company was maintained on Thursday, May 3 by Morgan Stanley. The firm has “Neutral” rating given on Friday, April 29 by Bank of America. Piper Jaffray maintained it with “Buy” rating and $14.0 target in Monday, October 16 report. The stock has “Outperform” rating by RBC Capital Markets on Friday, January 27. The stock has “Buy” rating by Vetr on Thursday, August 13. The rating was maintained by Barclays Capital with “Equalweight” on Monday, January 25.

More notable recent Ford Motor Company (NYSE:F) news were published by: Thestreet.com which released: “Ford and General Motors ‘Notably Vulnerable’ to Trade War: Moody’s” on June 25, 2018, also Fool.com with their article: “Why Ford and Baidu Are Teaming Up on In-Car Services” published on June 28, 2018, Seekingalpha.com published: “Ford Motor: Still A Buy?” on June 11, 2018. More interesting news about Ford Motor Company (NYSE:F) were released by: Seekingalpha.com and their article: “Ford: Impressive Sales Support A Higher Stock Price” published on June 06, 2018 as well as 247Wallst.com‘s news article titled: “Ford Sends a Message to Elon Musk” with publication date: June 29, 2018.

Investors sentiment increased to 1.03 in 2018 Q1. Its up 0.03, from 1 in 2017Q4. It improved, as 69 investors sold F shares while 313 reduced holdings. 107 funds opened positions while 287 raised stakes. 1.94 billion shares or 1.32% less from 1.96 billion shares in 2017Q4 were reported. Adirondack Tru accumulated 10,065 shares. The New York-based Mufg Americas Corporation has invested 0% in Ford Motor Company (NYSE:F). Vantage Inv Prns Limited Liability Com owns 38,920 shares for 0.04% of their portfolio. North Star Asset Mgmt owns 17,697 shares. Parkside Fincl Bank & invested 0.01% of its portfolio in Ford Motor Company (NYSE:F). Nelson Van Denburg & Campbell Wealth Management Limited Company reported 0.04% stake. Macquarie Gp reported 0.02% in Ford Motor Company (NYSE:F). Highlander Mgmt Limited Company invested in 0.21% or 33,500 shares. Assets Inv Mgmt Limited Liability Company accumulated 220,000 shares. Nomura Asset Mgmt holds 781,130 shares or 0.09% of its portfolio. Ameritas Prtnrs invested 0.04% of its portfolio in Ford Motor Company (NYSE:F). Hermes Investment Ltd invested in 2.08 million shares or 0.34% of the stock. Bb&T reported 0.12% stake. Burt Wealth Advsr, a Maryland-based fund reported 216 shares. Roanoke Asset Corp Ny holds 0.12% in Ford Motor Company (NYSE:F) or 22,485 shares.

Convergys Corporation (NYSE:CVG) Institutional Positions Chart

The post Norris Perne & French Llp Position in Ford Motor Company (F) Has Cut as Market Value Rose; As Convergys (CVG) Valuation Rose, Dean Capital Management Increased Holding by $1.13 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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