Brant Point Investment Management Raised Synnex (SNX) Holding; Ufp Technologies (UFPT) Has 1.7 Sentiment

January 14, 2018 - By Stephen Andrade

UFP Technologies, Inc. designs and converts foams, plastics, composites, and natural fiber materials and provides solutions to medical, automotive, consumer, electronics, industrial, aerospace, and defense markets in the United States. The company has market cap of $207.86 million. It offers medical device components, disposable wound care components, automotive interior trims, athletic padding, abrasive nail files and other beauty aids, air filtration, high-temperature insulation, military uniform and gear components, and cushion packaging products. It has a 25.98 P/E ratio. The firm also provides wine shipping solutions made from molded fiber under the Wine Packs brand name; tube and pipe insulation for clean room environments under the T-Tubes brand; pharmaceutical bag protection system under the BioShell brand name; sanitary solution for nail care services under the Pro-Sticks brand; medical device pouch for protecting small instruments and tools under the FlexShield brand name; and multi-purpose cleaning eraser under the Erasables brand, as well as various products under the Spot Eraser, Tri-Covers, Design Nail, and Mambo names.

Brant Point Investment Management Llc increased Synnex Corp (SNX) stake by 133% reported in 2017Q3 SEC filing. Brant Point Investment Management Llc acquired 13,300 shares as Synnex Corp (SNX)’s stock declined 8.02%. The Brant Point Investment Management Llc holds 23,300 shares with $2.95 million value, up from 10,000 last quarter. Synnex Corp now has $5.51 billion valuation. The stock increased 0.82% or $1.12 during the last trading session, reaching $137.97. About 255,284 shares traded or 38.36% up from the average. SYNNEX Corporation (NYSE:SNX) has risen 29.93% since January 14, 2017 and is uptrending. It has outperformed by 13.23% the S&P500.

Cove Street Capital Llc holds 1.81% of its portfolio in UFP Technologies, Inc. for 577,980 shares. Thomson Horstmann & Bryant Inc owns 434,112 shares or 1.67% of their US portfolio. Moreover, Ancora Advisors Llc has 0.58% invested in the company for 353,466 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.45% in the stock. Cubic Asset Management Llc, a Massachusetts-based fund reported 42,999 shares.

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on March, 1. They expect $0.23 earnings per share, up 15.00% or $0.03 from last year’s $0.2 per share. UFPT’s profit will be $1.67M for 31.09 P/E if the $0.23 EPS becomes a reality. After $0.23 actual earnings per share reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.18% or $0.05 during the last trading session, reaching $28.6. About 15,415 shares traded. UFP Technologies, Inc. (UFPT) has risen 25.88% since January 14, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.06, from 1.14 in 2017Q2. It dropped, as 16 investors sold SNX shares while 77 reduced holdings. 30 funds opened positions while 70 raised stakes. 28.38 million shares or 0.39% more from 28.27 million shares in 2017Q2 were reported. Bessemer Grp holds 22,400 shares or 0.01% of its portfolio. 67,441 were reported by Shell Asset Communication. Amalgamated National Bank accumulated 0.02% or 3,928 shares. Suntrust Banks Inc reported 0% of its portfolio in SYNNEX Corporation (NYSE:SNX). Ls Inv Advsrs reported 2,203 shares. Bluemountain Capital Management Ltd Llc reported 1,453 shares. Principal Gru invested in 0.04% or 358,434 shares. New York-based Morgan Stanley has invested 0.01% in SYNNEX Corporation (NYSE:SNX). Louisiana State Employees Retirement Sys, Louisiana-based fund reported 7,800 shares. Martingale Asset Lp holds 53,504 shares or 0.09% of its portfolio. Invesco Limited has invested 0% of its portfolio in SYNNEX Corporation (NYSE:SNX). California State Teachers Retirement System owns 0.01% invested in SYNNEX Corporation (NYSE:SNX) for 47,774 shares. Teacher Retirement Systems Of Texas reported 2,483 shares. Massachusetts-based Fmr has invested 0.09% in SYNNEX Corporation (NYSE:SNX). Barclays Public Limited Company holds 0% or 3,138 shares in its portfolio.

Since August 1, 2017, it had 0 buys, and 12 selling transactions for $1.97 million activity. The insider MURAI KEVIN M sold 2,000 shares worth $260,740. BREIDENBACH FRED A had sold 1,321 shares worth $168,982 on Thursday, September 28. POLK DENNIS also sold $69,316 worth of SYNNEX Corporation (NYSE:SNX) shares. Another trade for 300 shares valued at $38,101 was made by Wurster Thomas S. on Monday, October 2. Shares for $38,127 were sold by Witt Marshall. 161 shares were sold by LEUNG SIMON, worth $19,102.

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