Stoneridge (SRI) Shareholder Nwq Investment Management Company Has Increased Its Stake by $631,560; Micron Technology (MU) Valuation Rose While First Interstate Bank Lifted Holding by $565,500

January 14, 2018 - By wolcottdaily

First Interstate Bank increased its stake in Micron Technology Inc (MU) by 2416.67% based on its latest 2017Q3 regulatory filing with the SEC. First Interstate Bank bought 14,500 shares as the company’s stock rose 19.14% with the market. The institutional investor held 15,100 shares of the technology company at the end of 2017Q3, valued at $594,000, up from 600 at the end of the previous reported quarter. First Interstate Bank who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $49.50B market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $42.81. About 28.46M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 14, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

Nwq Investment Management Company Llc increased its stake in Stoneridge Inc (SRI) by 1.66% based on its latest 2017Q3 regulatory filing with the SEC. Nwq Investment Management Company Llc bought 33,240 shares as the company’s stock declined 6.33% while stock markets rallied. The institutional investor held 2.04M shares of the capital goods company at the end of 2017Q3, valued at $40.36M, up from 2.00 million at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Stoneridge Inc for a number of months, seems to be bullish on the $679.49M market cap company. The stock decreased 0.21% or $0.05 during the last trading session, reaching $24.12. About 130,336 shares traded. Stoneridge, Inc. (NYSE:SRI) has risen 8.60% since January 14, 2017 and is uptrending. It has underperformed by 8.10% the S&P500.

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.29, from 1.08 in 2017Q2. It improved, as 52 investors sold MU shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported. Korea Corporation owns 3.37M shares for 0.61% of their portfolio. Arvest Comml Bank Tru Division has invested 1.86% in Micron Technology, Inc. (NASDAQ:MU). Provise Mgmt Group stated it has 0.04% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Exxonmobil Investment Mngmt Tx holds 0.2% or 203,444 shares. Walleye Trading Lc, Minnesota-based fund reported 2.45M shares. Raymond James Fincl Advsr Inc owns 353,882 shares. Whale Rock Capital Mgmt Limited Com invested in 619,615 shares or 1.27% of the stock. Balyasny Asset Mngmt Ltd reported 177,884 shares. Glob X Management Limited Liability Company stated it has 14,348 shares or 0.02% of all its holdings. Messner And Smith Theme Value Investment Limited Ca has 2.43% invested in Micron Technology, Inc. (NASDAQ:MU). Tpg Group Incorporated (Sbs) holds 0.05% or 81,048 shares in its portfolio. Bessemer Grp Inc has invested 0% in Micron Technology, Inc. (NASDAQ:MU). Pitcairn accumulated 16,630 shares. Invesco Ltd holds 12.27M shares. Gilder Gagnon Howe & Lc reported 0.02% of its portfolio in Micron Technology, Inc. (NASDAQ:MU).

First Interstate Bank, which manages about $465.11 million US Long portfolio, decreased its stake in Blackrock Fund Advisors (IWD) by 29,000 shares to 160 shares, valued at $19,000 in 2017Q3, according to the filing. It also reduced its holding in Coca (NYSE:KO) by 7,465 shares in the quarter, leaving it with 28,477 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Micron Technology Inc. had 205 analyst reports since July 29, 2015 according to SRatingsIntel. Mizuho maintained it with “Buy” rating and $30 target in Friday, February 3 report. Mizuho maintained it with “Buy” rating and $16 target in Tuesday, August 25 report. The rating was maintained by Topeka Capital Markets on Wednesday, December 23 with “Buy”. As per Wednesday, June 14, the company rating was maintained by Mizuho. On Monday, June 26 the stock rating was maintained by Cowen & Co with “Buy”. As per Wednesday, January 10, the company rating was maintained by J.P. Morgan. Drexel Hamilton upgraded the stock to “Buy” rating in Wednesday, July 29 report. Barclays Capital initiated it with “Overweight” rating and $20 target in Monday, September 21 report. As per Thursday, June 23, the company rating was upgraded by Susquehanna. The rating was maintained by Barclays Capital with “Buy” on Thursday, October 12.

Since August 1, 2017, it had 0 insider purchases, and 14 selling transactions for $12.71 million activity. 80,000 shares were sold by Poppen Joel L, worth $3.09 million on Friday, September 29. $28,220 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by ARNZEN APRIL S. The insider BAILEY ROBERT L sold 3,000 shares worth $119,583. $765,485 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Mondry Lawrence N. Another trade for 118,944 shares valued at $4.53M was made by Thorsen Steven L. JR on Friday, September 29.

Among 4 analysts covering Stoneridge (NYSE:SRI), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Stoneridge had 8 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, September 28 by BB&T Capital. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, November 17. As per Thursday, October 12, the company rating was maintained by KeyBanc Capital Markets. The firm has “Buy” rating given on Friday, July 31 by B. Riley & Co. As per Thursday, January 4, the company rating was maintained by FBR Capital. The company was downgraded on Tuesday, May 31 by Sidoti.

Since August 14, 2017, it had 0 insider purchases, and 2 insider sales for $610,502 activity. $121,502 worth of Stoneridge, Inc. (NYSE:SRI) was sold by Hartman Robert J. Jr. on Thursday, September 7.

Nwq Investment Management Company Llc, which manages about $13.77 billion and $8.17 billion US Long portfolio, decreased its stake in Eaton Corp Plc (NYSE:ETN) by 7,200 shares to 95,700 shares, valued at $7.35 million in 2017Q3, according to the filing. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 547,011 shares in the quarter, leaving it with 2.83 million shares, and cut its stake in Euronet Worldwide Inc (NASDAQ:EEFT).

Investors sentiment increased to 1.36 in 2017 Q3. Its up 0.26, from 1.1 in 2017Q2. It increased, as 10 investors sold SRI shares while 43 reduced holdings. 21 funds opened positions while 51 raised stakes. 24.21 million shares or 1.42% less from 24.55 million shares in 2017Q2 were reported. Ativo Cap Limited Liability Company invested in 62,859 shares or 0.33% of the stock. Fmr Lc, a Massachusetts-based fund reported 23,140 shares. 45,650 were accumulated by Los Angeles Mgmt & Equity Incorporated. Oberweis Asset Mngmt has 32,000 shares for 0.18% of their portfolio. 573,783 were accumulated by State Street. Bessemer Grp stated it has 0% of its portfolio in Stoneridge, Inc. (NYSE:SRI). Moreover, Bailard Inc has 0.02% invested in Stoneridge, Inc. (NYSE:SRI) for 15,000 shares. Alliancebernstein LP has invested 0% in Stoneridge, Inc. (NYSE:SRI). State Board Of Administration Of Florida Retirement accumulated 22,755 shares or 0% of the stock. Moreover, Balyasny Asset Mngmt Lc has 0% invested in Stoneridge, Inc. (NYSE:SRI). Renaissance Technology Ltd Liability Company holds 0.02% or 758,100 shares in its portfolio. Goldman Sachs Grp Inc Inc owns 97,703 shares or 0% of their US portfolio. D E Shaw And Com holds 106,797 shares or 0% of its portfolio. Federated Inc Pa, Pennsylvania-based fund reported 66,396 shares. 18,050 are held by Amer Interest Grp Incorporated.

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