Sands Capital Management Increased Its Makemytrip Limited Mauritius (MMYT) Stake by $11.45 Million; Van Den Berg Management I Has Cut Position in Orion Group Holdings (ORN) by $406,800

March 7, 2018 - By Richard Conner

Sands Capital Management Llc increased its stake in Makemytrip Limited Mauritius (MMYT) by 27.26% based on its latest 2017Q3 regulatory filing with the SEC. Sands Capital Management Llc bought 408,750 shares as the company’s stock rose 2.51% with the market. The institutional investor held 1.91M shares of the transportation services company at the end of 2017Q3, valued at $54.87 million, up from 1.50M at the end of the previous reported quarter. Sands Capital Management Llc who had been investing in Makemytrip Limited Mauritius for a number of months, seems to be bullish on the $3.45 billion market cap company. The stock increased 0.22% or $0.075 during the last trading session, reaching $34.15. About 265,312 shares traded. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since March 7, 2017 and is uptrending. It has outperformed by 94.97% the S&P500.

Van Den Berg Management I Inc decreased its stake in Orion Group Holdings Inc (ORN) by 4.64% based on its latest 2017Q3 regulatory filing with the SEC. Van Den Berg Management I Inc sold 67,800 shares as the company’s stock declined 27.29% while stock markets rallied. The institutional investor held 1.39M shares of the military and government and technical company at the end of 2017Q3, valued at $9.15M, down from 1.46 million at the end of the previous reported quarter. Van Den Berg Management I Inc who had been investing in Orion Group Holdings Inc for a number of months, seems to be less bullish one the $180.76 million market cap company. The stock increased 2.07% or $0.13 during the last trading session, reaching $6.41. About 42,739 shares traded. Orion Group Holdings, Inc. (NYSE:ORN) has risen 49.48% since March 7, 2017 and is uptrending. It has outperformed by 32.78% the S&P500.

Sands Capital Management Llc, which manages about $42.07B and $33.38 billion US Long portfolio, decreased its stake in Incyte Corp (NASDAQ:INCY) by 413,862 shares to 7.57 million shares, valued at $883.72M in 2017Q3, according to the filing. It also reduced its holding in Palo Alto Networks Inc (NYSE:PANW) by 192,608 shares in the quarter, leaving it with 3.10M shares, and cut its stake in Under Armour Inc (NYSE:UA).

Among 5 analysts covering MakeMyTrip (NASDAQ:MMYT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. MakeMyTrip had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by J.P. Morgan given on Tuesday, February 27. The rating was downgraded by Jefferies to “Hold” on Thursday, August 10. The firm has “Hold” rating by Jefferies given on Friday, February 9. The firm has “Reduce” rating given on Tuesday, February 23 by Nomura. The firm earned “Hold” rating on Friday, October 30 by Deutsche Bank. Jefferies maintained MakeMyTrip Limited (NASDAQ:MMYT) rating on Thursday, November 2. Jefferies has “Hold” rating and $28.0 target. The firm has “Hold” rating by Jefferies given on Friday, October 13. The rating was upgraded by Nomura to “Neutral” on Friday, June 3.

Van Den Berg Management I Inc, which manages about $2.04 billion and $888.49 million US Long portfolio, upped its stake in Pioneer Energy Svcs Corp (NYSE:PES) by 204,335 shares to 6.92M shares, valued at $17.64M in 2017Q3, according to the filing. It also increased its holding in Colfax Corp (NYSE:CFX) by 72,840 shares in the quarter, for a total of 1.09 million shares, and has risen its stake in Trimas Corp (NASDAQ:TRS).

Analysts await Orion Group Holdings, Inc. (NYSE:ORN) to report earnings on March, 8. They expect $0.07 EPS, down 22.22% or $0.02 from last year’s $0.09 per share. ORN’s profit will be $1.97 million for 22.89 P/E if the $0.07 EPS becomes a reality. After $-0.18 actual EPS reported by Orion Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -138.89% EPS growth.

Since December 12, 2017, it had 0 insider purchases, and 1 sale for $151,132 activity.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.30, from 1.13 in 2017Q2. It is positive, as 12 investors sold ORN shares while 28 reduced holdings. 13 funds opened positions while 44 raised stakes. 20.81 million shares or 1.58% less from 21.14 million shares in 2017Q2 were reported. Wells Fargo Mn owns 32,271 shares. Goldman Sachs Group Inc accumulated 134,188 shares. State Board Of Administration Of Florida Retirement Sys owns 27,546 shares. D E Shaw & Inc holds 322,485 shares. 431,159 are held by South Dakota Investment Council. Louisiana State Employees Retirement System stated it has 0% in Orion Group Holdings, Inc. (NYSE:ORN). Systematic LP has invested 0.02% in Orion Group Holdings, Inc. (NYSE:ORN). Fincl Bank Of New York Mellon reported 301,435 shares. Van Den Berg Management I accumulated 1.39M shares or 1.03% of the stock. The New Jersey-based Jacobs Levy Equity Inc has invested 0.01% in Orion Group Holdings, Inc. (NYSE:ORN). Foundry Ltd Company accumulated 790,075 shares or 0.21% of the stock. Fincl Bank Of America De owns 32,202 shares or 0% of their US portfolio. Manufacturers Life The invested 0% of its portfolio in Orion Group Holdings, Inc. (NYSE:ORN). 14,635 are held by Arizona State Retirement Systems. Jpmorgan Chase & reported 70,858 shares or 0% of all its holdings.

Among 7 analysts covering Orion Marine Group (NYSE:ORN), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Orion Marine Group had 18 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Orion Group Holdings, Inc. (NYSE:ORN) earned “Buy” rating by Zacks on Wednesday, August 26. The firm has “Outperform” rating by Imperial Capital given on Thursday, October 22. The company was downgraded on Wednesday, October 21 by FBR Capital. The rating was maintained by FBR Capital with “Outperform” on Tuesday, August 25. The firm earned “Overweight” rating on Monday, August 17 by Stephens. The stock has “Neutral” rating by DA Davidson on Friday, March 11. The company was upgraded on Tuesday, August 11 by Zacks. The rating was maintained by FBR Capital on Friday, August 18 with “Buy”. The firm has “Buy” rating by DA Davidson given on Friday, August 5. The stock has “In-Line” rating by Imperial Capital on Thursday, May 12.