Guardian Capital LP Has Trimmed Its British Amern Tob Plc (BTI) Position, LogMeIn (LOGM) Had 8 Analysts Last Week

June 21, 2017 - By Vivian Currie

Among 10 analysts covering LogMeIn (NASDAQ:LOGM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. LogMeIn had 25 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 23 report. The rating was maintained by Northland Capital with “Outperform” on Friday, July 24. The firm has “Strong Buy” rating by Needham given on Friday, July 24. The stock has “Underweight” rating by Barclays Capital on Wednesday, July 27. The firm earned “Strong-Buy” rating on Thursday, September 3 by Needham. Pacific Crest upgraded it to “Overweight” rating and $82 target in Friday, August 28 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, April 29. The firm earned “Outperform” rating on Friday, April 7 by Cowen & Co. The firm has “Sector Weight” rating given on Wednesday, July 27 by Pacific Crest. JP Morgan upgraded LogMeIn Inc (NASDAQ:LOGM) on Wednesday, July 27 to “Overweight” rating. See LogMeIn Inc (NASDAQ:LOGM) latest ratings:

07/04/2017 Broker: Cowen & Co Old Rating: Market Perform New Rating: Outperform Old Target: $100.00 New Target: $115.00 Upgrade
03/02/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $70.00 New Target: $125.00 Reinitiate
25/01/2017 Broker: Barclays Capital Rating: Overweight Old Target: $110.00 New Target: $120.00 Maintain

Guardian Capital Lp decreased British Amern Tob Plc (BTI) stake by 1.94% reported in 2016Q4 SEC filing. Guardian Capital Lp sold 3,399 shares as British Amern Tob Plc (BTI)’s stock rose 13.21%. The Guardian Capital Lp holds 172,239 shares with $19.41M value, down from 175,638 last quarter. British Amern Tob Plc now has $130.29B valuation. The stock decreased 0.07% or $0.05 on June 21, reaching $70.9. About 1.26 million shares traded. British American Tobacco PLC (ADR) (NYSEMKT:BTI) has risen 17.78% since June 21, 2016 and is uptrending. It has outperformed by 1.08% the S&P500.

Guardian Capital Lp increased Cognizant Technology Solutio (NASDAQ:CTSH) stake by 22,785 shares to 173,004 valued at $9.69M in 2016Q4. It also upped Bce Inc (NYSE:BCE) stake by 96,701 shares and now owns 764,042 shares. Cdn Imperial Bk Comm Toronto (NYSE:CM) was raised too.

Among 7 analysts covering British Amrcn Tobacco (NYSEMKT:BTI), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. British Amrcn Tobacco had 8 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, July 29 by Societe Generale. On Friday, October 28 the stock rating was upgraded by Societe Generale to “Buy”. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, August 25. The firm earned “Overweight” rating on Wednesday, November 2 by Morgan Stanley. Piper Jaffray initiated the stock with “Overweight” rating in Thursday, May 25 report. The rating was downgraded by Goldman Sachs on Thursday, December 10 to “Sell”. As per Thursday, September 8, the company rating was upgraded by Investec. Bank of America reinitiated the shares of BTI in report on Tuesday, August 4 with “Buy” rating.

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.13, from 1.05 in 2016Q3. It is positive, as 22 investors sold LogMeIn Inc shares while 74 reduced holdings. 46 funds opened positions while 67 raised stakes. 25.98 million shares or 0.73% more from 25.80 million shares in 2016Q3 were reported. Renaissance Technology Ltd Liability Corporation reported 957,800 shares stake. Sheets Smith Wealth Mgmt has 6,246 shares. Cap Impact Limited Liability Company holds 15,373 shares. Marshall Wace Limited Liability Partnership invested 0.03% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Financial Bank Of Montreal Can reported 183,906 shares stake. Northwestern Mutual Wealth Mgmt Co holds 0% in LogMeIn Inc (NASDAQ:LOGM) or 34 shares. Capstone Asset Mgmt Co holds 0.02% or 8,220 shares in its portfolio. 14,884 are owned by Putnam Investments Ltd Com. Group One Trading L P has 613 shares. Prelude Cap Mngmt Ltd Llc reported 5,150 shares or 0.06% of all its holdings. Tiaa Cref Invest Management Ltd Limited Liability Company holds 0.01% or 126,293 shares. Gotham Asset Management Llc stated it has 11,087 shares or 0.01% of all its holdings. Comml Bank Of New York Mellon Corporation owns 658,830 shares. 4,806 were reported by Dupont Management. Natixis reported 2,772 shares.

LogMeIn, Inc. provides a portfolio of cloud service offerings, which helps people and businesses to connect to their workplace, colleagues and customers. The company has market cap of $5.60 billion. The Company’s core cloud services are categorized into four business lines: Communications and Collaboration; Engagement and Support; Identity and Access, and Additional Service Offerings. It currently has negative earnings. The Company’s communication and collaboration services include GoToMeeting; GoToTraining; GoToWebinar; join.me, join.me pro and join.me enterprise; OpenVoice, and Grasshopper.

Since March 3, 2017, it had 0 buys, and 22 sales for $22.29 million activity. $519,579 worth of LogMeIn Inc (NASDAQ:LOGM) shares were sold by Lok James. Donahue Michael J had sold 5,054 shares worth $557,345. $485,274 worth of LogMeIn Inc (NASDAQ:LOGM) was sold by D’Angelo Lawrence M. on Friday, May 26. Ford W. Sean had sold 7,466 shares worth $721,033. 12,197 shares were sold by CALDERONI ROBERT, worth $1.42M on Friday, June 9. Another trade for 8,824 shares valued at $980,896 was made by Herdiech Edward K. on Sunday, May 21. Another trade for 2,876 shares valued at $277,034 was made by Benson Steven J. on Friday, March 3.

The stock increased 1.62% or $1.75 during the last trading session, reaching $109.95. About 472,390 shares traded. LogMeIn Inc (NASDAQ:LOGM) has risen 101.86% since June 21, 2016 and is uptrending. It has outperformed by 85.16% the S&P500.