Amg Funds Increased Kar Auction Svcs (KAR) Stake By $488,706; Lemaitre Vascular (LMAT)’s Sentiment Is 1.71

December 21, 2017 - By Richard Conner

LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. The company has market cap of $608.39 million. The firm provides angioscope, a fiber optic catheter used for viewing the lumen of a blood vessel; carotid shunts to temporarily divert or shut blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; and powered phlebectomy devices that enable removal of varicose veins. It has a 40.44 P/E ratio. It also offers embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude blood flow; and perfusion catheters that temporarily perfuse blood and other liquids into the vasculature.

Amg Funds Llc increased Kar Auction Svcs Inc (KAR) stake by 39.49% reported in 2017Q3 SEC filing. Amg Funds Llc acquired 10,398 shares as Kar Auction Svcs Inc (KAR)’s stock declined 7.64%. The Amg Funds Llc holds 36,727 shares with $1.75M value, up from 26,329 last quarter. Kar Auction Svcs Inc now has $6.96B valuation. The stock increased 1.16% or $0.59 during the last trading session, reaching $51.43. About 747,936 shares traded. KAR Auction Services, Inc. (NYSE:KAR) has risen 7.49% since December 21, 2016 and is uptrending. It has underperformed by 9.21% the S&P500.

Amg Funds Llc decreased Qualcomm Inc (NASDAQ:QCOM) stake by 12,368 shares to 14,951 valued at $775,000 in 2017Q3. It also reduced New York Times Co (NYSE:NYT) stake by 18,790 shares and now owns 119,268 shares. Occidental Pete Corp Del (NYSE:OXY) was reduced too.

Investors sentiment decreased to 1.33 in 2017 Q3. Its down 0.04, from 1.37 in 2017Q2. It dived, as 25 investors sold KAR shares while 87 reduced holdings. 48 funds opened positions while 101 raised stakes. 129.67 million shares or 1.77% less from 132.02 million shares in 2017Q2 were reported. Cibc Asset Management Inc, a Ontario – Canada-based fund reported 4,913 shares. Moreover, Alyeska Gp Lp has 0.1% invested in KAR Auction Services, Inc. (NYSE:KAR) for 248,229 shares. Los Angeles Capital Management & Equity reported 0.11% of its portfolio in KAR Auction Services, Inc. (NYSE:KAR). Jpmorgan Chase holds 2.15M shares or 0.02% of its portfolio. Opus Capital Gp Ltd Liability Corporation has invested 0.06% in KAR Auction Services, Inc. (NYSE:KAR). State Street Corporation stated it has 1.83M shares or 0.01% of all its holdings. 5,432 are owned by Quantum Capital Management. Moreover, Metropolitan Life Ins Ny has 0% invested in KAR Auction Services, Inc. (NYSE:KAR). Fincl Bank Of Montreal Can owns 161,585 shares for 0.01% of their portfolio. Hutchin Hill Cap Lp has invested 0.06% in KAR Auction Services, Inc. (NYSE:KAR). Frontier Capital Company Ltd Liability Company has invested 0.88% of its portfolio in KAR Auction Services, Inc. (NYSE:KAR). San Francisco Sentry Invest (Ca) invested 0.07% in KAR Auction Services, Inc. (NYSE:KAR). M&T Bancshares owns 30,843 shares. Whittier Trust Of Nevada stated it has 0% of its portfolio in KAR Auction Services, Inc. (NYSE:KAR). The New York-based Blackrock has invested 0.01% in KAR Auction Services, Inc. (NYSE:KAR).

Among 9 analysts covering KAR Auction Services (NYSE:KAR), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. KAR Auction Services had 23 analyst reports since July 24, 2015 according to SRatingsIntel. On Monday, May 2 the stock rating was maintained by Sterne Agee CRT with “Buy”. The company was upgraded on Friday, August 21 by Zacks. Gabelli initiated KAR Auction Services, Inc. (NYSE:KAR) rating on Friday, April 7. Gabelli has “Buy” rating and $62 target. JP Morgan maintained KAR Auction Services, Inc. (NYSE:KAR) on Monday, October 30 with “Overweight” rating. The rating was downgraded by Gabelli on Thursday, November 2 to “Hold”. Jefferies initiated KAR Auction Services, Inc. (NYSE:KAR) rating on Monday, January 18. Jefferies has “Buy” rating and $45 target. The firm earned “Buy” rating on Monday, August 24 by Zacks. Sterne Agee CRT initiated the stock with “Buy” rating in Friday, July 24 report. On Thursday, October 12 the stock rating was maintained by Jefferies with “Buy”. On Friday, August 26 the stock rating was initiated by Susquehanna with “Positive”.

Analysts await LeMaitre Vascular, Inc. (NASDAQ:LMAT) to report earnings on February, 20. They expect $0.19 earnings per share, up 46.15% or $0.06 from last year’s $0.13 per share. LMAT’s profit will be $3.66M for 41.55 P/E if the $0.19 EPS becomes a reality. After $0.25 actual earnings per share reported by LeMaitre Vascular, Inc. for the previous quarter, Wall Street now forecasts -24.00% negative EPS growth.

Ratings analysis reveals 0 of Lemaitre Vascular’s analysts are positive. Out of 2 Wall Street analysts rating Lemaitre Vascular, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. LMAT was included in 2 notes of analysts from September 22, 2016. The stock of LeMaitre Vascular, Inc. (NASDAQ:LMAT) has “Mkt Perform” rating given on Wednesday, February 22 by Barrington Research. The stock of LeMaitre Vascular, Inc. (NASDAQ:LMAT) earned “Neutral” rating by Sidoti on Thursday, September 22.

Since January 1, 0001, it had 0 insider buys, and 11 sales for $11.10 million activity.