Panagora Asset Management Cut Cray (CRAY) Position, Avalon Global Asset Management Has Cut Dollar Tree (DLTR) Holding

July 13, 2017 - By Vivian Currie

Panagora Asset Management Inc decreased Cray Inc (CRAY) stake by 54.82% reported in 2016Q4 SEC filing. Panagora Asset Management Inc sold 78,076 shares as Cray Inc (CRAY)’s stock declined 16.90%. The Panagora Asset Management Inc holds 64,335 shares with $1.33 million value, down from 142,411 last quarter. Cray Inc now has $712.07 million valuation. The stock declined 0.70% or $0.12 reaching $17.67 per share. About 941,471 shares traded or 149.29% up from the average. Cray Inc. (NASDAQ:CRAY) has declined 43.00% since July 13, 2016 and is downtrending. It has underperformed by 59.70% the S&P500.

Avalon Global Asset Management Llc decreased Dollar Tree Inc (DLTR) stake by 20% reported in 2016Q4 SEC filing. Avalon Global Asset Management Llc sold 10,000 shares as Dollar Tree Inc (DLTR)’s stock declined 0.40%. The Avalon Global Asset Management Llc holds 40,000 shares with $3.09M value, down from 50,000 last quarter. Dollar Tree Inc now has $16.35B valuation. The stock rose 1.68% or $1.14 reaching $68.54. About 2.26M shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 3.60% since July 13, 2016 and is uptrending. It has underperformed by 13.10% the S&P500.

Investors sentiment decreased to 0.91 in 2016 Q4. Its down 0.12, from 1.03 in 2016Q3. It turned negative, as 60 investors sold DLTR shares while 219 reduced holdings. 73 funds opened positions while 182 raised stakes. 217.48 million shares or 0.69% less from 218.99 million shares in 2016Q3 were reported. Ci Invests holds 0.45% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 528,150 shares. Eaton Vance invested in 0.03% or 148,791 shares. Maverick Cap Ltd has 3.50 million shares for 3.51% of their portfolio. Jennison Associates Lc reported 2.75M shares. Highbridge Cap Mgmt Llc has invested 0.12% in Dollar Tree, Inc. (NASDAQ:DLTR). Covey Cap Limited Liability Corporation reported 6.61% stake. Evercore Wealth Limited Liability Corp reported 1,752 shares stake. 33,000 were accumulated by Ig Invest Limited. Liberty Mutual Grp Asset Mngmt stated it has 16,722 shares. Carroll Fincl Assoc Incorporated invested in 0.04% or 3,573 shares. Whittier Trust Company Of Nevada owns 1,200 shares. Alliancebernstein Lp owns 3.03M shares. Cleararc Cap, Ohio-based fund reported 5,725 shares. Mcf Advsrs Ltd Liability Company reported 0% stake. Essex Invest Mgmt Lc has invested 0.1% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR).

Avalon Global Asset Management Llc increased 2U Inc (NASDAQ:TWOU) stake by 13,000 shares to 98,000 valued at $2.96M in 2016Q4. It also upped Bristol Myers Squibb Co (NYSE:BMY) stake by 18,740 shares and now owns 48,740 shares. Macys Inc (NYSE:M) was raised too.

Among 27 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 16 have Buy rating, 2 Sell and 9 Hold. Therefore 59% are positive. Dollar Tree Inc. had 54 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 11 by Canaccord Genuity. The firm has “Buy” rating given on Tuesday, February 23 by Buckingham Research. BMO Capital Markets maintained the shares of DLTR in report on Tuesday, May 31 with “Market Perform” rating. Deutsche Bank maintained it with “Buy” rating and $102 target in Wednesday, November 23 report. On Tuesday, November 15 the stock rating was upgraded by Johnson Rice to “Accumulate”. On Wednesday, March 2 the stock rating was maintained by Deutsche Bank with “Hold”. Bernstein initiated Dollar Tree, Inc. (NASDAQ:DLTR) on Monday, February 6 with “Underperform” rating. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) has “Buy” rating given on Wednesday, September 2 by Cantor Fitzgerald. RBC Capital Markets upgraded the stock to “Top Pick” rating in Friday, December 4 report. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Top Pick” rating by RBC Capital Markets on Friday, May 27.

Since March 3, 2017, it had 2 insider buys, and 4 selling transactions for $837,228 activity. Lewis Lemuel E bought $248,295 worth of stock or 3,475 shares. 2,559 shares valued at $200,484 were sold by RUDMAN ROBERT H on Monday, March 27. Matacunas Mike R. also sold $518,955 worth of Dollar Tree, Inc. (NASDAQ:DLTR) shares. 5,000 shares were bought by Hall Conrad M., worth $352,400.

Among 4 analysts covering Cray (NASDAQ:CRAY), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Cray had 9 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, April 19 by Sidoti. On Tuesday, November 8 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Cray Inc. (NASDAQ:CRAY) has “Hold” rating given on Wednesday, May 4 by Craig Hallum. The firm has “Neutral” rating by Sidoti given on Monday, March 7. Stifel Nicolaus maintained it with “Buy” rating and $42 target in Friday, February 12 report. The rating was upgraded by Needham to “Buy” on Tuesday, November 8. The firm has “Buy” rating by Needham given on Friday, February 12. The stock of Cray Inc. (NASDAQ:CRAY) has “Hold” rating given on Wednesday, May 4 by Needham. Needham maintained Cray Inc. (NASDAQ:CRAY) rating on Friday, July 31. Needham has “Buy” rating and $31 target.

Panagora Asset Management Inc increased Schnitzer Steel Inds Inc (NASDAQ:SCHN) stake by 53,311 shares to 390,125 valued at $10.03 million in 2016Q4. It also upped Stepan Co (NYSE:SCL) stake by 22,925 shares and now owns 184,176 shares. Walgreens Boots Alliance Inc was raised too.

Investors sentiment increased to 1.26 in Q4 2016. Its up 0.35, from 0.91 in 2016Q3. It is positive, as 24 investors sold CRAY shares while 30 reduced holdings. 23 funds opened positions while 45 raised stakes. 36.83 million shares or 4.48% more from 35.25 million shares in 2016Q3 were reported. D E Shaw And holds 108,975 shares or 0% of its portfolio. Blackrock Limited Liability Company invested 0% in Cray Inc. (NASDAQ:CRAY). Nwq Inv Limited Liability Co owns 1.14M shares or 0.32% of their US portfolio. Creative Planning has invested 0% of its portfolio in Cray Inc. (NASDAQ:CRAY). Citigroup invested in 80,191 shares or 0% of the stock. State Street has invested 0% of its portfolio in Cray Inc. (NASDAQ:CRAY). State Of Tennessee Treasury Department stated it has 0% in Cray Inc. (NASDAQ:CRAY). Susquehanna Ltd Liability Partnership stated it has 0% in Cray Inc. (NASDAQ:CRAY). 11,600 are held by Globeflex Capital Limited Partnership. Employees Retirement Association Of Colorado holds 0% of its portfolio in Cray Inc. (NASDAQ:CRAY) for 9,967 shares. Dorsey & Whitney Trust Ltd holds 76,870 shares or 0.36% of its portfolio. Ameriprise accumulated 0% or 203,140 shares. Texas Permanent School Fund accumulated 29,720 shares or 0.01% of the stock. Jacobs Levy Equity Mgmt Inc invested 0.06% in Cray Inc. (NASDAQ:CRAY). Renaissance Technology Limited Liability Corporation has invested 0% in Cray Inc. (NASDAQ:CRAY).

Analysts await Cray Inc. (NASDAQ:CRAY) to report earnings on August, 1. They expect $-0.34 EPS, down 3.03% or $0.01 from last year’s $-0.33 per share. After $-0.71 actual EPS reported by Cray Inc. for the previous quarter, Wall Street now forecasts -52.11% EPS growth.

Since May 9, 2017, it had 0 buys, and 1 insider sale for $37,100 activity. KIELY STEPHEN C had sold 2,000 shares worth $37,100 on Tuesday, May 9.