Dolby Laboratories (DLB) Holder Tudor Investment Et Al Decreased Its Position; Syntal Capital Partners Decreased Stake in Microchip Technology (MCHP) by $475,883

January 14, 2018 - By Linda Rogers

Paul Tudor Jones decreased its stake in Dolby Laboratories Inc (DLB) by 68.95% based on its latest 2017Q3 regulatory filing with the SEC. Tudor Investment Corp Et Al sold 27,355 shares as the company’s stock rose 2.31% with the market. The hedge fund run by Paul Tudor Jones held 12,321 shares of the multi-sector company at the end of 2017Q3, valued at $709,000, down from 39,676 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in Dolby Laboratories Inc for a number of months, seems to be less bullish one the $6.71 billion market cap company. The stock increased 1.65% or $1.06 during the last trading session, reaching $65.35. About 431,019 shares traded or 33.68% up from the average. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since January 14, 2017 and is uptrending. It has underperformed by 2.35% the S&P500.

Syntal Capital Partners Llc decreased its stake in Microchip Technology Inc (MCHP) by 36.4% based on its latest 2017Q3 regulatory filing with the SEC. Syntal Capital Partners Llc sold 5,347 shares as the company’s stock rose 11.86% with the market. The institutional investor held 9,344 shares of the semiconductors company at the end of 2017Q3, valued at $838,000, down from 14,691 at the end of the previous reported quarter. Syntal Capital Partners Llc who had been investing in Microchip Technology Inc for a number of months, seems to be less bullish one the $21.86B market cap company. The stock increased 1.44% or $1.33 during the last trading session, reaching $93.44. About 1.27M shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 68.30% since January 14, 2017 and is uptrending. It has outperformed by 51.60% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.15, from 1 in 2017Q2. It is positive, as 25 investors sold MCHP shares while 231 reduced holdings. 72 funds opened positions while 223 raised stakes. 239.62 million shares or 1.85% more from 235.26 million shares in 2017Q2 were reported. Reilly Fincl Advsr Ltd owns 0.01% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 635 shares. Nuveen Asset Mgmt Limited Liability holds 0.09% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 149,207 shares. Dnb Asset Mgmt As reported 23,346 shares stake. Chesley Taft And Associate Lc reported 13,913 shares. Utd Cap Financial Advisers Ltd Co holds 47,742 shares. Argent Com invested 0.09% in Microchip Technology Incorporated (NASDAQ:MCHP). Amf Pensionsforsakring Ab, Sweden-based fund reported 38,086 shares. Balyasny Asset Mgmt Ltd holds 0.11% in Microchip Technology Incorporated (NASDAQ:MCHP) or 316,738 shares. 1.90 million were accumulated by Victory Capital Mgmt Incorporated. Employees Retirement Sys Of Texas owns 207,000 shares. Jane Street Gru Ltd has 0.02% invested in Microchip Technology Incorporated (NASDAQ:MCHP). Keybank National Association Oh holds 0.02% or 33,353 shares in its portfolio. 18,363 were accumulated by Pennsylvania. & Mngmt invested in 0.01% or 269 shares. 27,701 were accumulated by Shaker Invests Ltd Llc Oh.

Among 23 analysts covering Microchip Technology (NASDAQ:MCHP), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Microchip Technology had 59 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Needham on Friday, January 15 to “Buy”. The rating was maintained by SunTrust on Wednesday, October 11 with “Hold”. Stifel Nicolaus maintained it with “Buy” rating and $100.0 target in Tuesday, November 7 report. The firm has “Buy” rating by Needham given on Thursday, September 7. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given on Friday, August 4 by Needham. On Thursday, November 5 the stock rating was upgraded by B. Riley & Co to “Buy”. Citigroup maintained Microchip Technology Incorporated (NASDAQ:MCHP) rating on Tuesday, August 9. Citigroup has “Buy” rating and $64 target. JP Morgan upgraded the shares of MCHP in report on Tuesday, September 8 to “Overweight” rating. The company was maintained on Wednesday, September 6 by KeyBanc Capital Markets. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) earned “Neutral” rating by Goldman Sachs on Friday, November 4.

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on February, 6. They expect $1.27 earnings per share, up 27.00% or $0.27 from last year’s $1 per share. MCHP’s profit will be $297.06M for 18.39 P/E if the $1.27 EPS becomes a reality. After $1.37 actual earnings per share reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts -7.30% negative EPS growth.

Since August 15, 2017, it had 0 buys, and 5 sales for $963,084 activity. SIMONCIC RICHARD J sold $205,380 worth of Microchip Technology Incorporated (NASDAQ:MCHP) on Tuesday, August 22. 3,076 Microchip Technology Incorporated (NASDAQ:MCHP) shares with value of $251,894 were sold by DREHOBL STEPHEN V. On Tuesday, August 22 the insider LITTLE MITCHELL R sold $195,799. $109,135 worth of Microchip Technology Incorporated (NASDAQ:MCHP) shares were sold by MEYERCORD WADE F.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.43, from 1.47 in 2017Q2. It worsened, as 28 investors sold DLB shares while 71 reduced holdings. 33 funds opened positions while 70 raised stakes. 52.63 million shares or 2.95% more from 51.12 million shares in 2017Q2 were reported. Cubist Systematic Strategies Ltd Com holds 20,883 shares. Gamco Investors Et Al reported 26,700 shares. Old Mutual Global (Uk) accumulated 18,800 shares. Marathon Asset Ltd Liability Partnership invested in 556,232 shares. Advisory Svcs Network Ltd Limited Liability Company reported 170 shares. Bradley Foster & Sargent Ct invested 0.29% in Dolby Laboratories, Inc. (NYSE:DLB). Geode Capital Ltd Limited Liability Company owns 511,790 shares. Royal Fincl Bank Of Canada accumulated 77,010 shares or 0% of the stock. Contravisory Inv Incorporated accumulated 0% or 31 shares. 292,493 were accumulated by Raymond James Associate. Teacher Retirement Sys Of Texas stated it has 0% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Jpmorgan Chase And reported 0% stake. Cwm Llc holds 60 shares or 0% of its portfolio. Bank & Trust Of Montreal Can owns 23,549 shares or 0% of their US portfolio. Eaton Vance Management invested in 405,983 shares.

Since August 1, 2017, it had 0 insider purchases, and 20 sales for $63.55 million activity. Dolby Dagmar sold $5.02M worth of stock. On Wednesday, October 18 JASPER N WILLIAM JR sold $480,000 worth of Dolby Laboratories, Inc. (NYSE:DLB) or 8,000 shares. Shares for $2.54M were sold by YEAMAN KEVIN J on Wednesday, September 13. SHERMAN MARK ANDREW also sold $286,887 worth of Dolby Laboratories, Inc. (NYSE:DLB) shares.

Analysts await Dolby Laboratories, Inc. (NYSE:DLB) to report earnings on January, 24. They expect $0.45 earnings per share, down 11.76% or $0.06 from last year’s $0.51 per share. DLB’s profit will be $46.23M for 36.31 P/E if the $0.45 EPS becomes a reality. After $0.35 actual earnings per share reported by Dolby Laboratories, Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Among 5 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Dolby Laboratories had 12 analyst reports since October 22, 2015 according to SRatingsIntel. Dougherty maintained the shares of DLB in report on Wednesday, September 13 with “Buy” rating. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Buy” rating by Dougherty & Company on Thursday, April 28. The stock has “Buy” rating by B. Riley & Co on Wednesday, July 26. B. Riley & Co maintained Dolby Laboratories, Inc. (NYSE:DLB) on Thursday, October 26 with “Buy” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, July 14. JP Morgan downgraded Dolby Laboratories, Inc. (NYSE:DLB) rating on Friday, April 8. JP Morgan has “Neutral” rating and $42 target. The stock has “Hold” rating by Piper Jaffray on Wednesday, July 26. The firm earned “Buy” rating on Friday, August 18 by B. Riley & Co. The stock has “Buy” rating by B. Riley & Co on Monday, July 17. B. Riley & Co maintained Dolby Laboratories, Inc. (NYSE:DLB) on Thursday, October 19 with “Buy” rating.

Tudor Investment Corp Et Al, which manages about $21.89 billion and $3.92B US Long portfolio, upped its stake in Alder Biopharmaceuticals Inc (NASDAQ:ALDR) by 63,311 shares to 111,615 shares, valued at $1.37 million in 2017Q3, according to the filing. It also increased its holding in Avalonbay Communities Inc. (NYSE:AVB) by 10,385 shares in the quarter, for a total of 17,504 shares, and has risen its stake in Lear Corp (NYSE:LEA).

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