As Juniper Networks (JNPR) Stock Rose, Md Sass Investors Services Has Raised Holding; Piermont Capital Management Has Decreased Its Position in Xo Group (XOXO) by $391,647 as Market Value Declined

January 18, 2018 - By Marie Mckinney

Piermont Capital Management Llc decreased its stake in Xo Group Inc. (XOXO) by 50.59% based on its latest 2017Q3 regulatory filing with the SEC. Piermont Capital Management Llc sold 20,613 shares as the company’s stock declined 7.19% while stock markets rallied. The institutional investor held 20,134 shares of the consumer services company at the end of 2017Q3, valued at $396,000, down from 40,747 at the end of the previous reported quarter. Piermont Capital Management Llc who had been investing in Xo Group Inc. for a number of months, seems to be less bullish one the $476.61 million market cap company. The stock decreased 0.72% or $0.14 during the last trading session, reaching $19.3. About 12,448 shares traded. XO Group Inc. (NYSE:XOXO) has risen 10.27% since January 18, 2017 and is uptrending. It has underperformed by 6.43% the S&P500.

Martin D. Sass increased its stake in Juniper Networks Inc (JNPR) by 53.64% based on its latest 2017Q3 regulatory filing with the SEC. Md Sass Investors Services Inc bought 32,400 shares as the company’s stock rose 4.02% with the market. The hedge fund run by Martin D. Sass held 92,800 shares of the technology company at the end of 2017Q3, valued at $2.58M, up from 60,400 at the end of the previous reported quarter. Md Sass Investors Services Inc who had been investing in Juniper Networks Inc for a number of months, seems to be bullish on the $10.46 billion market cap company. The stock decreased 2.65% or $0.76 during the last trading session, reaching $27.91. About 2.14M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since January 18, 2017 and is uptrending. It has outperformed by 15.31% the S&P500.

Piermont Capital Management Llc, which manages about $208.82M and $302.02M US Long portfolio, upped its stake in Lasalle Hotel Properties (NYSE:LHO) by 11,980 shares to 86,770 shares, valued at $2.52M in 2017Q3, according to the filing. It also increased its holding in Bankunited Inc. (NYSE:BKU) by 21,890 shares in the quarter, for a total of 66,822 shares, and has risen its stake in Amkor Technology Inc. (NASDAQ:AMKR).

Among 6 analysts covering XO Group (NYSE:XOXO), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. XO Group had 9 analyst reports since December 6, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Friday, December 16 by Sidoti. The rating was downgraded by Stifel Nicolaus on Wednesday, March 1 to “Hold”. On Tuesday, October 31 the stock rating was maintained by Roth Capital with “Hold”. Aegis Capital initiated it with “Buy” rating and $22 target in Tuesday, December 6 report. The firm has “Neutral” rating by Roth Capital given on Thursday, October 12. The firm earned “Buy” rating on Tuesday, August 1 by Roth Capital.

Analysts await XO Group Inc. (NYSE:XOXO) to report earnings on February, 27. They expect $0.11 EPS, down 8.33% or $0.01 from last year’s $0.12 per share. XOXO’s profit will be $2.72M for 43.86 P/E if the $0.11 EPS becomes a reality. After $0.13 actual EPS reported by XO Group Inc. for the previous quarter, Wall Street now forecasts -15.38% negative EPS growth.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.21, from 1.17 in 2017Q2. It worsened, as 8 investors sold XOXO shares while 45 reduced holdings. 16 funds opened positions while 35 raised stakes. 21.51 million shares or 0.99% more from 21.30 million shares in 2017Q2 were reported. Moreover, Arizona State Retirement Systems has 0% invested in XO Group Inc. (NYSE:XOXO). Voya Mngmt Limited Liability has invested 0% in XO Group Inc. (NYSE:XOXO). Citigroup reported 0% in XO Group Inc. (NYSE:XOXO). Principal Fin Grp Inc, a Iowa-based fund reported 183,267 shares. Strs Ohio stated it has 37,100 shares or 0% of all its holdings. Alliancebernstein Limited Partnership invested in 0% or 18,118 shares. Numeric Investors Ltd Liability Corporation holds 148,158 shares. Loomis Sayles And Lp has 516 shares for 0% of their portfolio. Piermont Cap Mgmt reported 20,134 shares. Meeder Asset Management has invested 0% in XO Group Inc. (NYSE:XOXO). Parametric Portfolio Associate Limited Com holds 0% or 136,466 shares in its portfolio. Dimensional Fund Advsrs Limited Partnership accumulated 0.01% or 1.34 million shares. Weitz Mgmt stated it has 742,917 shares or 0.6% of all its holdings. First Quadrant Ltd Partnership Ca reported 3,826 shares. Bessemer Group Inc reported 0% in XO Group Inc. (NYSE:XOXO).

Among 30 analysts covering Juniper Networks Inc. (NYSE:JNPR), 8 have Buy rating, 4 Sell and 18 Hold. Therefore 27% are positive. Juniper Networks Inc. had 84 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 21 by KeyBanc Capital Markets. The rating was initiated by Pacific Crest with “Sector Weight” on Monday, June 5. As per Thursday, October 12, the company rating was downgraded by Nomura. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, July 10 report. The firm earned “Outperform” rating on Wednesday, October 25 by BMO Capital Markets. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Buy” rating by Cantor Fitzgerald on Friday, July 24. The company was initiated on Friday, October 9 by Drexel Hamilton. Robert W. Baird maintained Juniper Networks, Inc. (NYSE:JNPR) on Wednesday, July 26 with “Hold” rating. The firm earned “Mkt Perform” rating on Monday, January 9 by Bernstein. RBC Capital Markets maintained it with “Hold” rating and $30.0 target in Wednesday, September 6 report.

Md Sass Investors Services Inc, which manages about $1.91B and $1.19B US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 132,030 shares to 5,970 shares, valued at $1.50M in 2017Q3, according to the filing. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 289,305 shares in the quarter, leaving it with 346,515 shares, and cut its stake in Celgene Corp (NASDAQ:CELG).

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