Omega Advisors Lifted Its Pennymac Mortgage Investment T (PMT) Holding; Sg Capital Management Has Lowered Truecar (TRUE) Holding

June 19, 2017 - By Vivian Park

Omega Advisors Inc increased Pennymac Mortgage Investment T (PMT) stake by 84.11% reported in 2016Q4 SEC filing. Omega Advisors Inc acquired 42,056 shares as Pennymac Mortgage Investment T (PMT)’s stock rose 4.55%. The Omega Advisors Inc holds 92,056 shares with $1.51M value, up from 50,000 last quarter. Pennymac Mortgage Investment T now has $1.20 billion valuation. The stock rose 0.78% or $0.14 reaching $18.05 per share. About 208,452 shares traded. PennyMac Mortgage Investment Trust (NYSE:PMT) has risen 18.22% since June 19, 2016 and is uptrending. It has outperformed by 1.52% the S&P500.

Sg Capital Management Llc decreased Truecar Inc (TRUE) stake by 28.57% reported in 2016Q4 SEC filing. Sg Capital Management Llc sold 230,629 shares as Truecar Inc (TRUE)’s stock rose 21.77%. The Sg Capital Management Llc holds 576,729 shares with $7.21 million value, down from 807,358 last quarter. Truecar Inc now has $1.75 billion valuation. The stock declined 0.32% or $0.06 reaching $18.79 per share. About 507,812 shares traded. TrueCar Inc (NASDAQ:TRUE) has risen 161.73% since June 19, 2016 and is uptrending. It has outperformed by 145.03% the S&P500.

Among 9 analysts covering PennyMac Mortgage Investment Trust (NYSE:PMT), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. PennyMac Mortgage Investment Trust had 15 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Thursday, February 4 by Wells Fargo. Wood maintained the shares of PMT in report on Monday, June 13 with “Outperform” rating. Barclays Capital initiated the shares of PMT in report on Thursday, December 10 with “Overweight” rating. On Friday, August 7 the stock rating was downgraded by Citigroup to “Neutral”. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) earned “Buy” rating by Keefe Bruyette & Woods on Monday, May 29. Wedbush initiated it with “Neutral” rating and $16.75 target in Thursday, October 6 report. Compass Point maintained the shares of PMT in report on Thursday, August 6 with “Buy” rating. The firm has “Market Outperform” rating given on Wednesday, March 9 by JMP Securities. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) has “Buy” rating given on Monday, July 27 by Compass Point. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) earned “Equal-Weight” rating by Barclays Capital on Friday, February 5.

Investors sentiment increased to 1.22 in Q4 2016. Its up 0.02, from 1.2 in 2016Q3. It is positive, as 18 investors sold PMT shares while 41 reduced holdings. 28 funds opened positions while 44 raised stakes. 41.24 million shares or 2.00% less from 42.08 million shares in 2016Q3 were reported. Sterling Ltd stated it has 56,793 shares. State Board Of Administration Of Florida Retirement has 48,515 shares. Voya Invest Limited Liability Corporation reported 31,262 shares stake. Raymond James & Assocs, Florida-based fund reported 16,595 shares. State Common Retirement Fund reported 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT). Moreover, Metropolitan Life Insur Ny has 0.01% invested in PennyMac Mortgage Investment Trust (NYSE:PMT) for 45,792 shares. Omega Advsr owns 92,056 shares or 0.07% of their US portfolio. Vanguard Gru invested 0% in PennyMac Mortgage Investment Trust (NYSE:PMT). Bessemer Group Incorporated has invested 0% in PennyMac Mortgage Investment Trust (NYSE:PMT). Ameriprise reported 13,884 shares. Sei Invests accumulated 32 shares. Prudential Inc holds 0.01% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT) for 492,480 shares. Lsv Asset Management reported 1.49M shares stake. Hbk Investments LP owns 14,200 shares for 0% of their portfolio. Whittier Tru reported 44,189 shares.

Omega Advisors Inc decreased Dow Chemical Co/The (NYSE:DOW) stake by 194,677 shares to 1.36 million valued at $78.00 million in 2016Q4. It also reduced Berry Plastics Group Inc (NYSE:BERY) stake by 136,135 shares and now owns 428,865 shares. Walgreens Boots Alliance Inc was reduced too.

Sg Capital Management Llc increased Penney J C Inc (Put) (NYSE:JCP) stake by 891,800 shares to 1.49 million valued at $12.40M in 2016Q4. It also upped Atlas Air Worldwide Hldgs In (Put) stake by 130,765 shares and now owns 300,000 shares. Five9 Inc (NASDAQ:FIVN) was raised too.

Investors sentiment decreased to 1.21 in 2016 Q4. Its down 0.43, from 1.64 in 2016Q3. It dived, as 17 investors sold TRUE shares while 25 reduced holdings. 26 funds opened positions while 25 raised stakes. 47.98 million shares or 3.03% more from 46.57 million shares in 2016Q3 were reported. Ameriprise Financial has 105,926 shares for 0% of their portfolio. Amer Intll Group Inc Incorporated stated it has 31,254 shares. Profund Advisors Ltd Liability Corp accumulated 45,240 shares. Eam Investors Lc invested 0.53% of its portfolio in TrueCar Inc (NASDAQ:TRUE). Blackrock Inc invested 0% of its portfolio in TrueCar Inc (NASDAQ:TRUE). Manitoba – Canada-based Great West Life Assurance Can has invested 0% in TrueCar Inc (NASDAQ:TRUE). State Board Of Administration Of Florida Retirement Sys holds 0% or 82,236 shares. Crestwood Cap Ltd Partnership has 1.62% invested in TrueCar Inc (NASDAQ:TRUE). Engineers Gate Manager LP reported 65,554 shares stake. Principal Finance Gp Incorporated stated it has 0% in TrueCar Inc (NASDAQ:TRUE). Northern Tru reported 0% stake. Raymond James & Associates has 0% invested in TrueCar Inc (NASDAQ:TRUE) for 23,550 shares. Barclays Pcl reported 0% of its portfolio in TrueCar Inc (NASDAQ:TRUE). Blackrock Institutional Tru Communication Na holds 1.37 million shares or 0% of its portfolio. Schwab Charles Inc reported 205,979 shares stake.

Among 12 analysts covering TrueCar (NASDAQ:TRUE), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. TrueCar had 25 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, August 11 by Loop Capital. The rating was upgraded by RBC Capital Markets on Monday, February 6 to “Outperform”. Craig Hallum upgraded the shares of TRUE in report on Friday, November 4 to “Buy” rating. As per Friday, July 24, the company rating was downgraded by JP Morgan. The company was maintained on Friday, February 19 by RBC Capital Markets. The firm has “Buy” rating given on Friday, July 24 by Craig Hallum. The firm has “Sector Perform” rating given on Friday, November 6 by RBC Capital Markets. JMP Securities upgraded TrueCar Inc (NASDAQ:TRUE) on Monday, January 9 to “Mkt Outperform” rating. The firm earned “Sell” rating on Friday, August 7 by B Riley. The stock of TrueCar Inc (NASDAQ:TRUE) has “Buy” rating given on Friday, November 4 by Loop Capital.

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