Granahan Investment Management Trimmed Manitex International (MNTX) Position By $672,990; 0 Bullish Analysts Covering Midcoast Energy Partners LP (MEP)

November 15, 2017 - By Michael Collier

Granahan Investment Management Inc decreased Manitex International (MNTX) stake by 77.4% reported in 2017Q2 SEC filing. Granahan Investment Management Inc sold 112,165 shares as Manitex International (MNTX)’s stock declined 16.57%. The Granahan Investment Management Inc holds 32,756 shares with $229,000 value, down from 144,921 last quarter. Manitex International now has $133.78M valuation. The stock increased 0.37% or $0.03 during the last trading session, reaching $8.08. About shares traded. Manitex International Inc (NASDAQ:MNTX) has risen 8.39% since November 15, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

Among 4 analysts covering Midcoast Energy Partners (NYSE:MEP), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Midcoast Energy Partners had 9 analyst reports since September 11, 2015 according to SRatingsIntel. Credit Suisse downgraded the shares of MEP in report on Wednesday, November 9 to “Underperform” rating. The stock has “Equal-Weight” rating by Barclays Capital on Thursday, February 18. The firm has “Neutral” rating by Credit Suisse given on Monday, January 30. Morgan Stanley initiated Midcoast Energy Partners LP (NYSE:MEP) rating on Thursday, February 25. Morgan Stanley has “Underweight” rating and $5 target. The stock of Midcoast Energy Partners LP (NYSE:MEP) has “Neutral” rating given on Tuesday, May 3 by Credit Suisse. The stock of Midcoast Energy Partners LP (NYSE:MEP) has “Underperform” rating given on Thursday, February 18 by Credit Suisse. See Midcoast Energy Partners LP (NYSE:MEP) latest ratings:

It closed at $7.95 lastly. It is down 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Midcoast Energy Partners, L.P. is a limited partnership firm that is engaged in the natural gas and natural gas liquids (NGL) midstream business. The company has market cap of $366.84 million. It operates through two divisions: Gathering, Processing and Transportation, and Logistics and Marketing. It currently has negative earnings. It also provides marketing services of natural gas and NGLs to wholesale customers.

Granahan Investment Management Inc increased Amber Road (NYSE:AMBR) stake by 384,590 shares to 1.56M valued at $13.38 million in 2017Q2. It also upped Sps Commerce (NASDAQ:SPSC) stake by 38,705 shares and now owns 270,421 shares. Meta Financial (NASDAQ:CASH) was raised too.

Investors sentiment decreased to 0.96 in Q2 2017. Its down 0.30, from 1.26 in 2017Q1. It fall, as 9 investors sold MNTX shares while 17 reduced holdings. 11 funds opened positions while 14 raised stakes. 10.04 million shares or 1.27% more from 9.91 million shares in 2017Q1 were reported. Sigma Planning holds 0.01% or 11,307 shares. California Pub Employees Retirement Sys invested in 54,900 shares or 0% of the stock. Cortina Asset Mgmt Lc invested in 656,384 shares. California-based Beddow Capital has invested 0.08% in Manitex International Inc (NASDAQ:MNTX). Wellington Management Group Llp has 0% invested in Manitex International Inc (NASDAQ:MNTX). Essex Invest Mngmt Llc holds 0.24% of its portfolio in Manitex International Inc (NASDAQ:MNTX) for 237,669 shares. Moreover, Shufro Rose & Limited has 0.19% invested in Manitex International Inc (NASDAQ:MNTX) for 249,700 shares. Wilen Investment Mgmt Corporation reported 14,300 shares. Wells Fargo Mn holds 356,840 shares or 0% of its portfolio. Perritt Mngmt holds 0.4% or 217,830 shares in its portfolio. Wealthtrust Axiom Limited Liability Company holds 2.3% or 877,137 shares. Kennedy reported 0.06% stake. Oberweis Asset owns 142,000 shares. Ironwood Limited Com owns 69,177 shares. Moreover, Cove Street Cap Llc has 0.13% invested in Manitex International Inc (NASDAQ:MNTX) for 151,500 shares.

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