Donald Smith & Company Raised Kb Home (KBH) Holding By $35.30 Million; Rgm Capital Cut Its Entegris (ENTG) Holding

May 31, 2017 - By Nellie Frank

Donald Smith & Company Inc increased Kb Home (KBH) stake by 53.39% reported in 2016Q4 SEC filing. Donald Smith & Company Inc acquired 2.35M shares as Kb Home (KBH)’s stock rose 28.00%. The Donald Smith & Company Inc holds 6.76M shares with $106.89M value, up from 4.41 million last quarter. Kb Home now has $1.78 billion valuation. The stock declined 1.67% or $0.35 reaching $20.9 on the news. About 228,422 shares traded. KB Home (NYSE:KBH) has risen 69.35% since May 31, 2016 and is uptrending. It has outperformed by 52.65% the S&P500.

Rgm Capital Llc decreased Entegris Inc (ENTG) stake by 11.18% reported in 2016Q4 SEC filing. Rgm Capital Llc sold 434,968 shares as Entegris Inc (ENTG)’s stock rose 6.38%. The Rgm Capital Llc holds 3.46M shares with $61.88M value, down from 3.89 million last quarter. Entegris Inc now has $3.49B valuation. The stock rose 0.72% or $0.17 reaching $24.38. About 186,602 shares traded. Entegris Inc (NASDAQ:ENTG) has risen 78.11% since May 31, 2016 and is uptrending. It has outperformed by 61.41% the S&P500.

Since March 29, 2017, it had 0 insider purchases, and 1 sale for $891,450 activity. Norton Thomas F sold 45,000 shares worth $891,450.

Investors sentiment decreased to 1.14 in Q4 2016. Its down 0.04, from 1.18 in 2016Q3. It is negative, as 28 investors sold KBH shares while 58 reduced holdings. 28 funds opened positions while 70 raised stakes. 85.48 million shares or 6.97% more from 79.92 million shares in 2016Q3 were reported. Retirement Of Alabama invested in 107,426 shares. Texas Permanent School Fund has invested 0.01% in KB Home (NYSE:KBH). Price T Rowe Md reported 42,133 shares. Element Capital Lc owns 0.92% invested in KB Home (NYSE:KBH) for 565,030 shares. Hl Fincl Ser Limited Liability Corp reported 0.13% in KB Home (NYSE:KBH). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corporation reported 0.03% stake. Credit Agricole S A reported 39,556 shares. 2,000 were accumulated by Advisors Asset Mgmt. 1.63 million are held by Capital World Invsts. Pub Employees Retirement Association Of Colorado stated it has 0% of its portfolio in KB Home (NYSE:KBH). Louisiana State Employees Retirement System stated it has 0.02% of its portfolio in KB Home (NYSE:KBH). Cubist Systematic Strategies Ltd reported 0.01% of its portfolio in KB Home (NYSE:KBH). Minnesota-based Walleye Trading Limited Company has invested 0% in KB Home (NYSE:KBH). Stevens First Principles Inv Advsr holds 0.09% or 8,065 shares. Balasa Dinverno And Foltz Llc accumulated 28,594 shares.

Donald Smith & Company Inc decreased Horace Mann Educators (NYSE:HMN) stake by 438,532 shares to 400,727 valued at $17.15 million in 2016Q4. It also reduced Axcelis Technology stake by 182,765 shares and now owns 2.80 million shares. Celestica (NYSE:CLS) was reduced too.

Among 22 analysts covering KB Home (NYSE:KBH), 1 have Buy rating, 6 Sell and 15 Hold. Therefore 5% are positive. KB Home had 35 analyst reports since September 4, 2015 according to SRatingsIntel. Morgan Stanley upgraded KB Home (NYSE:KBH) on Tuesday, October 13 to “Equal-Weight” rating. M Partners downgraded the shares of KBH in report on Friday, January 8 to “Neutral” rating. The firm earned “Mkt Perform” rating on Wednesday, June 22 by FBR Capital. As per Monday, March 27, the company rating was downgraded by JMP Securities. The company was downgraded on Tuesday, January 24 by Raymond James. Bank of America reinitiated the stock with “Underperform” rating in Wednesday, October 21 report. FBR Capital maintained the shares of KBH in report on Friday, January 8 with “Mkt Perform” rating. The stock has “Neutral” rating by Buckingham Research on Tuesday, February 28. Citigroup maintained it with “Neutral” rating and $14 target in Tuesday, March 29 report. On Friday, October 16 the stock rating was downgraded by TheStreet to “Hold”.

Among 7 analysts covering Entegris (NASDAQ:ENTG), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Entegris had 9 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Pacific Crest given on Monday, January 25. Dougherty & Company maintained it with “Buy” rating and $23 target in Friday, February 3 report. Goldman Sachs initiated the stock with “Buy” rating in Friday, February 10 report. The firm has “Hold” rating given on Monday, November 21 by Needham. On Thursday, October 27 the stock rating was upgraded by Dougherty & Company to “Buy”. The stock of Entegris Inc (NASDAQ:ENTG) earned “Buy” rating by Needham on Monday, March 13. Stifel Nicolaus maintained it with “Buy” rating and $22 target in Thursday, January 26 report.

Analysts await Entegris Inc (NASDAQ:ENTG) to report earnings on July, 26. They expect $0.29 earnings per share, up 3.57% or $0.01 from last year’s $0.28 per share. ENTG’s profit will be $41.51M for 21.02 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by Entegris Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.33 in 2016 Q4. Its down 0.29, from 1.62 in 2016Q3. It dropped, as 11 investors sold ENTG shares while 62 reduced holdings. 27 funds opened positions while 70 raised stakes. 134.82 million shares or 1.82% less from 137.33 million shares in 2016Q3 were reported. Parametric Port Assoc Limited Co reported 223,601 shares or 0.01% of all its holdings. Gotham Asset Mgmt Ltd Llc reported 130,112 shares. 3.13M are owned by Snyder Capital Mngmt L P. Two Sigma Securities Ltd Llc owns 11,306 shares or 0.07% of their US portfolio. Comml Bank Of New York Mellon Corporation holds 771,802 shares or 0% of its portfolio. Trexquant Investment LP invested in 22,466 shares. Verition Fund Mgmt reported 0.02% of its portfolio in Entegris Inc (NASDAQ:ENTG). California Employees Retirement Sys accumulated 152,600 shares. Kcg stated it has 14,644 shares or 0.01% of all its holdings. Principal Fincl has 832,238 shares. Stevens Management Limited Partnership invested in 11,986 shares. 1,726 are held by Creative Planning. Shell Asset Management Com stated it has 0.02% in Entegris Inc (NASDAQ:ENTG). Federated Investors Pa reported 0% stake. Davenport & Co Llc reported 12,532 shares.

Rgm Capital Llc increased Luminex Corp (NASDAQ:LMNX) stake by 181,500 shares to 1.91M valued at $38.54M in 2016Q4. It also upped Cornerstone Ondemand Inc (NASDAQ:CSOD) stake by 302,206 shares and now owns 1.58M shares. Tyler Technologies Inc (NYSE:TYL) was raised too.