Benin Management Has Cut By $897,050 Its State Str (STT) Position; Safeguard Scientifics (SFE) Shorts Up By 4.13%

July 28, 2017 - By Vivian Park

Benin Management Corp decreased State Str Corp (STT) stake by 25.12% reported in 2016Q4 SEC filing. Benin Management Corp sold 11,650 shares as State Str Corp (STT)’s stock rose 0.17%. The Benin Management Corp holds 34,730 shares with $2.70 million value, down from 46,380 last quarter. State Str Corp now has $35.20 billion valuation. The stock decreased 0.77% or $0.73 during the last trading session, reaching $93.55. About shares traded. State Street Corp (NYSE:STT) has risen 33.09% since July 28, 2016 and is uptrending. It has outperformed by 16.39% the S&P500.

Safeguard Scientifics Incorporated (NYSE:SFE) had an increase of 4.13% in short interest. SFE’s SI was 685,700 shares in July as released by FINRA. Its up 4.13% from 658,500 shares previously. With 76,700 avg volume, 9 days are for Safeguard Scientifics Incorporated (NYSE:SFE)’s short sellers to cover SFE’s short positions. The SI to Safeguard Scientifics Incorporated’s float is 3.42%. The stock decreased 2.08% or $0.25 during the last trading session, reaching $11.75. About shares traded. Safeguard Scientifics, Inc (NYSE:SFE) has declined 16.67% since July 28, 2016 and is downtrending. It has underperformed by 33.37% the S&P500.

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.25, from 0.77 in 2016Q3. It improved, as 36 investors sold STT shares while 256 reduced holdings. 85 funds opened positions while 212 raised stakes. 326.98 million shares or 1.35% more from 322.61 million shares in 2016Q3 were reported. The Massachusetts-based Cohen Lawrence B has invested 0.24% in State Street Corp (NYSE:STT). Parkside Savings Bank And Tru holds 0.01% or 150 shares in its portfolio. Diamond Hill Cap Mngmt holds 0.01% of its portfolio in State Street Corp (NYSE:STT) for 18,892 shares. Moreover, Livforsakringsbolaget Skandia Omsesidigt has 0.08% invested in State Street Corp (NYSE:STT) for 21,212 shares. Decatur Cap holds 2,575 shares. Morgan Stanley reported 2.07 million shares stake. Bartlett Lc, Ohio-based fund reported 1,605 shares. Dodge & Cox has invested 0% in State Street Corp (NYSE:STT). Eaton Vance Mgmt owns 1.01 million shares. Ameriprise holds 0.02% of its portfolio in State Street Corp (NYSE:STT) for 427,215 shares. Nuance Invests Ltd Liability Corp has invested 0.22% in State Street Corp (NYSE:STT). Clark Mgmt Grp Inc has 0.55% invested in State Street Corp (NYSE:STT). Stifel Corp holds 0.06% of its portfolio in State Street Corp (NYSE:STT) for 190,271 shares. Natl Bank Of Montreal Can reported 785,422 shares. Public Sector Pension Invest Board stated it has 80,628 shares or 0.06% of all its holdings.

Among 15 analysts covering State Street Corporation (NYSE:STT), 3 have Buy rating, 1 Sell and 11 Hold. Therefore 20% are positive. State Street Corporation had 51 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, September 6. The firm has “Buy” rating by Goldman Sachs given on Wednesday, January 4. Standpoint Research maintained State Street Corp (NYSE:STT) on Sunday, August 9 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, July 26. RBC Capital Markets maintained it with “Sector Perform” rating and $70 target in Thursday, January 28 report. Argus Research maintained State Street Corp (NYSE:STT) rating on Thursday, January 28. Argus Research has “Buy” rating and $68 target. The stock of State Street Corp (NYSE:STT) has “Neutral” rating given on Tuesday, April 5 by Credit Suisse. The company was maintained on Thursday, June 16 by Deutsche Bank. The firm has “Overweight” rating given on Monday, October 26 by Barclays Capital. Deutsche Bank maintained the stock with “Hold” rating in Thursday, February 25 report.

Since February 15, 2017, it had 0 buys, and 11 insider sales for $6.07 million activity. Maiuri Louis D sold $483,420 worth of State Street Corp (NYSE:STT) on Tuesday, February 21. The insider Sullivan George E sold 2,718 shares worth $222,360. 2,000 State Street Corp (NYSE:STT) shares with value of $166,560 were sold by Erickson Andrew. 29 shares were sold by Newth Sean P, worth $2,372. 5,666 State Street Corp (NYSE:STT) shares with value of $497,928 were sold by HOOLEY JOSEPH L. 33,819 shares valued at $2.73M were sold by Conway Jeff D on Tuesday, February 21. Kuritzkes Andrew P also sold $376,758 worth of State Street Corp (NYSE:STT) on Wednesday, February 15.

Safeguard Scientifics, Inc. is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The company has market cap of $239.22 million. The Firm holds interest in companies, which it refers to as partner companies. It currently has negative earnings. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

Among 2 analysts covering Safeguard Scientifics (NYSE:SFE), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Safeguard Scientifics had 3 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, August 5 by Zacks. The rating was initiated by Barrington Research with “Outperform” on Tuesday, July 21.

Investors sentiment decreased to 0.78 in 2016 Q4. Its down 0.43, from 1.21 in 2016Q3. It turned negative, as 11 investors sold Safeguard Scientifics, Inc shares while 35 reduced holdings. 7 funds opened positions while 29 raised stakes. 15.02 million shares or 1.71% less from 15.28 million shares in 2016Q3 were reported. California State Teachers Retirement Sys owns 41,410 shares or 0% of their US portfolio. Voya Inv Lc reported 14,814 shares. Engines Advsrs Ltd Llc has invested 0% in Safeguard Scientifics, Inc (NYSE:SFE). Wellington Shields Cap Mgmt Limited Company invested in 39,228 shares. 1 were reported by Baldwin Brothers Ma. Swiss Bancorp accumulated 34,700 shares. The Norway-based Dnb Asset As has invested 0% in Safeguard Scientifics, Inc (NYSE:SFE). Vanguard reported 0% stake. 58 were accumulated by 1832 Asset Mgmt Lp. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,371 shares. Highlander Capital Management Limited Company has 0.08% invested in Safeguard Scientifics, Inc (NYSE:SFE) for 6,717 shares. Teton owns 50,216 shares for 0.07% of their portfolio. Goldman Sachs Grp Inc Inc owns 0% invested in Safeguard Scientifics, Inc (NYSE:SFE) for 13,582 shares. State Street owns 347,275 shares. Commercial Bank Of Montreal Can accumulated 0.01% or 551,821 shares.