Salzhauer Michael Boosted Rite Aid (RAD) Holding; Cabot Wealth Management Boosted Its United Parcel Service (UPS) Holding by $605,400

December 21, 2017 - By wolcottdaily

Cabot Wealth Management Inc increased its stake in United Parcel Service Inc (UPS) by 160.36% based on its latest 2017Q3 regulatory filing with the SEC. Cabot Wealth Management Inc bought 5,045 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 8,191 shares of the transportation company at the end of 2017Q3, valued at $984,000, up from 3,146 at the end of the previous reported quarter. Cabot Wealth Management Inc who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $102.36 billion market cap company. The stock increased 0.38% or $0.45 during the last trading session, reaching $118.78. About 1.31M shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since December 21, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Salzhauer Michael increased its stake in Rite Aid Corp (RAD) by 5349.56% based on its latest 2017Q3 regulatory filing with the SEC. Salzhauer Michael bought 802,434 shares as the company’s stock declined 41.75% while stock markets rallied. The institutional investor held 817,434 shares of the medical and nursing services company at the end of 2017Q3, valued at $1.60 million, up from 15,000 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Rite Aid Corp for a number of months, seems to be bullish on the $2.12B market cap company. The stock increased 4.15% or $0.08 during the last trading session, reaching $2.01. About 29.04 million shares traded or 8.09% up from the average. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since December 21, 2016 and is downtrending. It has underperformed by 71.88% the S&P500.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Rite Aid had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by Evercore on Wednesday, January 6. The stock of Rite Aid Corporation (NYSE:RAD) earned “Hold” rating by Deutsche Bank on Friday, April 8. The rating was reinitiated by Bank of America with “Underperform” on Friday, June 30. The stock has “Neutral” rating by Mizuho on Thursday, July 20. The firm has “Buy” rating given on Thursday, August 13 by Bank of America. Vetr downgraded the shares of RAD in report on Thursday, August 6 to “Buy” rating. The rating was reinitiated by Evercore with “Underperform” on Friday, June 30. The rating was upgraded by Vetr to “Buy” on Wednesday, August 19. JP Morgan downgraded Rite Aid Corporation (NYSE:RAD) on Friday, November 13 to “Neutral” rating. Mizuho maintained the stock with “Buy” rating in Thursday, September 17 report.

Salzhauer Michael, which manages about $233.18M US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 54,011 shares to 32,289 shares, valued at $3.08 million in 2017Q3, according to the filing. It also reduced its holding in Bank New York Mellon Corp (NYSE:BK) by 38,795 shares in the quarter, leaving it with 2,005 shares, and cut its stake in Discover Finl Svcs (NYSE:DFS).

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.19, from 0.78 in 2017Q2. It increased, as 57 investors sold RAD shares while 77 reduced holdings. 43 funds opened positions while 87 raised stakes. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. Pinnacle Associates Limited holds 28,400 shares or 0% of its portfolio. Investment Centers Of America Inc invested in 184,991 shares. Adage Cap Partners Grp Limited Company holds 0.04% or 9.42 million shares. Moreover, Jfs Wealth Advsrs Limited Liability Company has 0.03% invested in Rite Aid Corporation (NYSE:RAD) for 65,180 shares. Goldman Sachs has invested 0% in Rite Aid Corporation (NYSE:RAD). Fmr Limited Company, a Massachusetts-based fund reported 21.79M shares. Moreover, Blackrock Inc has 0% invested in Rite Aid Corporation (NYSE:RAD) for 41.79 million shares. Central Savings Bank Trust owns 7,400 shares for 0% of their portfolio. Us State Bank De holds 0% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 37,749 shares. Winslow Evans And Crocker Incorporated holds 8 shares. Susquehanna Gru Limited Liability Partnership invested in 0.01% or 11.07 million shares. Smithfield Tru has invested 0.01% of its portfolio in Rite Aid Corporation (NYSE:RAD). Jump Trading Ltd Liability Com accumulated 6,100 shares or 0% of the stock. Gm Advisory Group Inc owns 15,000 shares. Sei Investments Communication has 0% invested in Rite Aid Corporation (NYSE:RAD) for 4,215 shares.

Since October 3, 2017, it had 0 insider buys, and 1 sale for $58,915 activity.

Since August 22, 2017, it had 0 insider buys, and 1 sale for $2.02 million activity.

Cabot Wealth Management Inc, which manages about $552.75 million and $445.63M US Long portfolio, decreased its stake in Ishares Tr (IJT) by 2,619 shares to 1,686 shares, valued at $277,000 in 2017Q3, according to the filing. It also reduced its holding in Hdfc Bank Ltd (NYSE:HDB) by 42,460 shares in the quarter, leaving it with 121,337 shares, and cut its stake in Cintas Corp (NASDAQ:CTAS).

Among 20 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. United Parcel Service had 53 analyst reports since July 29, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Buy” rating in Thursday, July 27 report. On Tuesday, September 5 the stock rating was maintained by BMO Capital Markets with “Hold”. On Monday, September 25 the stock rating was maintained by Cowen & Co with “Hold”. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Neutral” rating given on Tuesday, December 13 by JP Morgan. The firm has “Hold” rating given on Monday, July 17 by Cowen & Co. Robert W. Baird maintained the shares of UPS in report on Friday, September 29 with “Hold” rating. As per Thursday, August 24, the company rating was maintained by Robert W. Baird. The company was maintained on Wednesday, February 3 by Oppenheimer. BMO Capital Markets downgraded the stock to “Market Perform” rating in Wednesday, February 1 report. S&P Research maintained the stock with “Buy” rating in Tuesday, September 22 report.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Verity Asset Management reported 2,531 shares. Allsquare Wealth Mngmt Limited Com owns 100 shares for 0.01% of their portfolio. Ci, a Ontario – Canada-based fund reported 190,301 shares. Boyar Asset Management reported 2.11% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Quantitative Ltd invested 0.29% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Buckingham Capital Management owns 0.5% invested in United Parcel Service, Inc. (NYSE:UPS) for 18,739 shares. Ray Gerald L And Assocs Limited accumulated 5,416 shares. 23,400 are held by Panagora Asset Mgmt. Green Square Cap Ltd Llc reported 56,891 shares. Trexquant Investment LP owns 3,345 shares. Private Advisor Gp Ltd invested 0.35% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Fort Washington Inv Advsrs Oh invested in 46,023 shares or 0.09% of the stock. Landscape Management Limited Liability Company reported 2,888 shares or 0.03% of all its holdings. Vantage Investment Prns Limited Liability Company holds 114,273 shares or 1.07% of its portfolio. Griffin Asset Management owns 12,745 shares.