Tygh Capital Management Lowered Its Tower Semiconductor LTD (TSEM) Position; Azimuth Capital Management Trimmed H & R Block (HRB) Position

January 16, 2018 - By Dolores Ford

Azimuth Capital Management Llc decreased H & R Block (HRB) stake by 92.96% reported in 2017Q3 SEC filing. Azimuth Capital Management Llc sold 180,870 shares as H & R Block (HRB)’s stock rose 25.06%. The Azimuth Capital Management Llc holds 13,700 shares with $363,000 value, down from 194,570 last quarter. H & R Block now has $5.56 billion valuation. The stock increased 0.95% or $0.25 during the last trading session, reaching $26.61. About 135,124 shares traded. H&R Block, Inc. (NYSE:HRB) has risen 27.23% since January 16, 2017 and is uptrending. It has outperformed by 10.53% the S&P500.

Tygh Capital Management Inc decreased Tower Semiconductor Ltd (TSEM) stake by 30.11% reported in 2017Q3 SEC filing. Tygh Capital Management Inc sold 90,821 shares as Tower Semiconductor Ltd (TSEM)’s stock rose 11.63%. The Tygh Capital Management Inc holds 210,828 shares with $6.48M value, down from 301,649 last quarter. Tower Semiconductor Ltd now has $3.39 billion valuation. The stock decreased 1.20% or $0.42 during the last trading session, reaching $34.55. About 72,543 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 122.17% since January 16, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.

Analysts await Tower Semiconductor Ltd. (NASDAQ:TSEM) to report earnings on February, 12. They expect $0.56 EPS, up 7.69% or $0.04 from last year’s $0.52 per share. TSEM’s profit will be $54.93 million for 15.42 P/E if the $0.56 EPS becomes a reality. After $0.60 actual EPS reported by Tower Semiconductor Ltd. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Tygh Capital Management Inc increased Wex Inc (NYSE:WEX) stake by 16,125 shares to 57,342 valued at $6.44M in 2017Q3. It also upped Nice Systems Ltd Spons Adr (NASDAQ:NICE) stake by 34,320 shares and now owns 92,906 shares. Summit Materials Inc Cl A was raised too.

Among 7 analysts covering TowerJazz (NASDAQ:TSEM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TowerJazz had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Oppenheimer on Tuesday, December 15. The firm has “Buy” rating given on Tuesday, November 7 by Drexel Hamilton. Needham initiated the stock with “Strong Buy” rating in Friday, January 22 report. The firm earned “Buy” rating on Thursday, August 6 by Chardan Capital Markets. Drexel Hamilton maintained it with “Buy” rating and $46.0 target in Wednesday, November 29 report. As per Monday, August 21, the company rating was maintained by Needham. The firm earned “Buy” rating on Thursday, August 3 by Needham. The firm has “Buy” rating given on Wednesday, November 8 by Craig Hallum. The stock has “Buy” rating by Needham on Friday, June 9. The firm has “Hold” rating given on Wednesday, August 2 by Wells Fargo.

Azimuth Capital Management Llc increased Vf Corp (NYSE:VFC) stake by 5,530 shares to 62,060 valued at $3.95M in 2017Q3. It also upped Dominion Resources Inc (NYSE:D) stake by 5,364 shares and now owns 19,361 shares. West Pharmaceutical Services (NYSE:WST) was raised too.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.11, from 1.1 in 2017Q2. It fall, as 48 investors sold HRB shares while 123 reduced holdings. 56 funds opened positions while 113 raised stakes. 193.25 million shares or 4.16% more from 185.52 million shares in 2017Q2 were reported. Cibc Markets holds 80,516 shares. First Quadrant Limited Partnership Ca has invested 0.23% in H&R Block, Inc. (NYSE:HRB). Caisse De Depot Et Placement Du Quebec holds 12.93M shares. 2.36M are held by Panagora Asset Mngmt. Schwab Charles Inv Management holds 1.18M shares or 0.03% of its portfolio. Advisory Lc reported 0% stake. Amica Mutual Insur holds 17,383 shares. Art Advsr Lc reported 48,196 shares or 0.07% of all its holdings. Endurance Wealth Management stated it has 136,500 shares or 0.6% of all its holdings. Riverhead Mgmt Ltd Company has 0.08% invested in H&R Block, Inc. (NYSE:HRB) for 63,556 shares. British Columbia Inv Corporation owns 23,266 shares for 0% of their portfolio. Valley Advisers holds 0.01% of its portfolio in H&R Block, Inc. (NYSE:HRB) for 1,592 shares. Commonwealth Retail Bank Of Australia reported 35,705 shares. Dekabank Deutsche Girozentrale reported 157,956 shares. 121,833 were accumulated by Voya Management.

Among 10 analysts covering H & R Block (NYSE:HRB), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. H & R Block had 28 analyst reports since August 25, 2015 according to SRatingsIntel. Sterne Agee CRT initiated it with “Neutral” rating and $33 target in Tuesday, May 3 report. The company was maintained on Wednesday, June 14 by Oppenheimer. On Thursday, September 3 the stock rating was maintained by BTIG Research with “Buy”. The rating was maintained by BMO Capital Markets on Wednesday, August 31 with “Market Perform”. The stock has “Outperform” rating by Barrington Research on Friday, September 4. The stock has “Buy” rating by Piper Jaffray on Thursday, September 3. The stock has “Sell” rating by BTIG Research on Monday, November 28. The stock has “Outperform” rating by Oppenheimer on Wednesday, August 26. Sterne Agee CRT initiated the shares of HRB in report on Tuesday, March 22 with “Neutral” rating. Oppenheimer maintained H&R Block, Inc. (NYSE:HRB) on Thursday, June 29 with “Hold” rating.

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