As Westmoreland Coal Co (WLB) Share Value Declined, Shareholder Venor Capital Management LP Decreased Holding by $577,600; Salesforce Com (CRM) Position Has Increased by Fukoku Mutual Life Insurance Company

February 11, 2018 - By Winifred Garcia

Jeffrey Bersh decreased its stake in Westmoreland Coal Co (WLB) by 31.2% based on its latest 2017Q3 regulatory filing with the SEC. Venor Capital Management Lp sold 288,800 shares as the company’s stock declined 58.89% while stock markets rallied. The hedge fund run by Jeffrey Bersh held 636,850 shares of the coal mining company at the end of 2017Q3, valued at $1.62 million, down from 925,650 at the end of the previous reported quarter. Venor Capital Management Lp who had been investing in Westmoreland Coal Co for a number of months, seems to be less bullish one the $11.19M market cap company. The stock decreased 12.44% or $0.0848 during the last trading session, reaching $0.5971. About 1.61 million shares traded or 347.59% up from the average. Westmoreland Coal Company (NASDAQ:WLB) has declined 0.28% since February 11, 2017 and is downtrending. It has underperformed by 16.98% the S&P500.

Fukoku Mutual Life Insurance Company increased its stake in Salesforce Com Inc (CRM) by 223.53% based on its latest 2017Q3 regulatory filing with the SEC. Fukoku Mutual Life Insurance Company bought 7,600 shares as the company’s stock rose 7.28% with the market. The institutional investor held 11,000 shares of the prepackaged software company at the end of 2017Q3, valued at $1.03M, up from 3,400 at the end of the previous reported quarter. Fukoku Mutual Life Insurance Company who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $77.27 billion market cap company. The stock increased 2.84% or $2.95 during the last trading session, reaching $106.98. About 6.62M shares traded or 45.61% up from the average. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 11, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Investors sentiment decreased to 1.34 in Q3 2017. Its down 0.04, from 1.38 in 2017Q2. It fall, as 40 investors sold CRM shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. Cap Financial Advisers Ltd Company has invested 0.01% of its portfolio in Salesforce.com, inc. (NYSE:CRM). The North Carolina-based Piedmont Inv Advsrs Limited Liability Corp has invested 0.29% in Salesforce.com, inc. (NYSE:CRM). Arizona State Retirement Systems holds 0.19% of its portfolio in Salesforce.com, inc. (NYSE:CRM) for 169,256 shares. Advsrs Ltd Limited Com has invested 0% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Cibc Ww Inc accumulated 8,048 shares. Tci Wealth invested 0.04% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Lpl Financial Limited Liability Com reported 0.02% stake. Public Sector Pension Invest Board has 0.03% invested in Salesforce.com, inc. (NYSE:CRM) for 74,544 shares. Wellington Mngmt Gp Llp holds 0.19% of its portfolio in Salesforce.com, inc. (NYSE:CRM) for 8.79M shares. Moreover, Sachem Head LP has 9.45% invested in Salesforce.com, inc. (NYSE:CRM). Natixis Asset Management holds 0.23% in Salesforce.com, inc. (NYSE:CRM) or 28,282 shares. Bamco Ny holds 0.02% of its portfolio in Salesforce.com, inc. (NYSE:CRM) for 47,206 shares. Bokf Na reported 0.1% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Metropolitan Life invested in 0.21% or 352,670 shares. Viking Glob LP has 2.17% invested in Salesforce.com, inc. (NYSE:CRM) for 3.59M shares.

Fukoku Mutual Life Insurance Company, which manages about $677.56 million US Long portfolio, decreased its stake in Analog Devices Inc (NASDAQ:ADI) by 5,200 shares to 1,700 shares, valued at $146,000 in 2017Q3, according to the filing. It also reduced its holding in Carnival Corp (NYSE:CCL) by 15,000 shares in the quarter, leaving it with 2,600 shares, and cut its stake in Home Depot Inc (NYSE:HD).

Among 51 analysts covering Salesforce.com (NYSE:CRM), 44 have Buy rating, 1 Sell and 6 Hold. Therefore 86% are positive. Salesforce.com had 198 analyst reports since August 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Salesforce.com, inc. (NYSE:CRM) on Monday, September 18 with “Buy” rating. On Monday, August 21 the stock rating was maintained by Canaccord Genuity with “Buy”. Oppenheimer maintained the shares of CRM in report on Thursday, November 19 with “Outperform” rating. Jefferies maintained Salesforce.com, inc. (NYSE:CRM) on Wednesday, November 22 with “Hold” rating. The company was upgraded on Thursday, August 27 by BNP Paribas. As per Tuesday, June 27, the company rating was initiated by Suntrust Robinson. Wedbush maintained the shares of CRM in report on Thursday, September 1 with “Outperform” rating. BMO Capital Markets maintained the shares of CRM in report on Friday, November 3 with “Outperform” rating. The stock has “Overweight” rating by Barclays Capital on Thursday, February 25. The stock of Salesforce.com, inc. (NYSE:CRM) earned “Hold” rating by Pivotal Research on Thursday, January 12.

Since August 10, 2017, it had 1 insider buy, and 98 sales for $73.29 million activity. $10.62M worth of Salesforce.com, inc. (NYSE:CRM) was sold by Hawkins Mark J on Thursday, August 31. $13,442 worth of stock was sold by Roos John Victor on Thursday, December 14. $960,005 worth of Salesforce.com, inc. (NYSE:CRM) shares were sold by BLOCK KEITH. $205,073 worth of Salesforce.com, inc. (NYSE:CRM) was sold by Harris Parker. Conway Craig sold 602 shares worth $57,048. Dayon Alexandre had sold 8,477 shares worth $855,499 on Friday, October 27.

Analysts await Westmoreland Coal Company (NASDAQ:WLB) to report earnings on March, 27. They expect $0.75 earnings per share, up 282.93% or $1.16 from last year’s $-0.41 per share. WLB’s profit will be $14.06M for 0.20 P/E if the $0.75 EPS becomes a reality. After $-1.03 actual earnings per share reported by Westmoreland Coal Company for the previous quarter, Wall Street now forecasts -172.82% EPS growth.

Investors sentiment decreased to 0.61 in 2017 Q3. Its down 0.35, from 0.96 in 2017Q2. It dived, as 23 investors sold WLB shares while 26 reduced holdings. 9 funds opened positions while 21 raised stakes. 11.85 million shares or 16.62% less from 14.21 million shares in 2017Q2 were reported. D E Shaw Communications has 103,123 shares. Moreover, Voya Invest Management Lc has 0% invested in Westmoreland Coal Company (NASDAQ:WLB) for 12,010 shares. Numeric Invsts Ltd Liability Co has invested 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB). Millennium Mngmt Limited Liability accumulated 0% or 178,563 shares. Credit Suisse Ag owns 0% invested in Westmoreland Coal Company (NASDAQ:WLB) for 15,152 shares. Amer Intll Gp Inc owns 12,408 shares. Balyasny Asset Lc owns 11,433 shares. Panagora Asset Management Inc, Massachusetts-based fund reported 7,909 shares. Rhumbline Advisers holds 0% in Westmoreland Coal Company (NASDAQ:WLB) or 21,244 shares. Citigroup Inc reported 14,236 shares or 0% of all its holdings. Bancorporation Of New York Mellon owns 156,505 shares for 0% of their portfolio. Schwab Charles Inv has invested 0% in Westmoreland Coal Company (NASDAQ:WLB). Gendell Jeffrey L has 1.31M shares. Apollo Mgmt Ltd Partnership holds 250,000 shares or 0.01% of its portfolio. Venor Cap Mgmt Ltd Partnership, New York-based fund reported 636,850 shares.

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