Granite Investment Partners Has Increased Its Cambrex (CBM) Stake; Symantec (Put) (SYMC) Shareholder Bank Of America Has Trimmed Position by $126.89 Million as Valuation Rose

February 13, 2018 - By Nellie Frank

Bank Of America Corp decreased its stake in Symantec Corp (Put) (SYMC) by 85.27% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of America Corp sold 3.97M shares as the company’s stock rose 0.76% with the market. The institutional investor held 685,000 shares of the prepackaged software company at the end of 2017Q3, valued at $22.48 million, down from 4.65 million at the end of the previous reported quarter. Bank Of America Corp who had been investing in Symantec Corp (Put) for a number of months, seems to be less bullish one the $16.52 billion market cap company. The stock increased 1.84% or $0.48 during the last trading session, reaching $26.58. About 4.38M shares traded. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since February 13, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

Granite Investment Partners Llc increased its stake in Cambrex Corp (CBM) by 6.26% based on its latest 2017Q3 regulatory filing with the SEC. Granite Investment Partners Llc bought 14,366 shares as the company’s stock declined 4.05% while stock markets rallied. The institutional investor held 243,710 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $13.41 million, up from 229,344 at the end of the previous reported quarter. Granite Investment Partners Llc who had been investing in Cambrex Corp for a number of months, seems to be bullish on the $1.82B market cap company. The stock increased 3.85% or $2.05 during the last trading session, reaching $55.25. About 423,566 shares traded or 12.19% up from the average. Cambrex Corporation (NYSE:CBM) has risen 11.15% since February 13, 2017 and is uptrending. It has underperformed by 5.55% the S&P500.

Granite Investment Partners Llc, which manages about $892.06M and $1.61 billion US Long portfolio, decreased its stake in Freightcar Amer Inc (NASDAQ:RAIL) by 34,081 shares to 65,274 shares, valued at $1.28M in 2017Q3, according to the filing. It also reduced its holding in A Mark Precious Metals Inc (NASDAQ:AMRK) by 37,424 shares in the quarter, leaving it with 72,919 shares, and cut its stake in Schlumberger Ltd (NYSE:SLB).

Since September 1, 2017, it had 0 insider purchases, and 2 selling transactions for $838,217 activity.

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.59, from 0.99 in 2017Q2. It is positive, as 18 investors sold CBM shares while 61 reduced holdings. 41 funds opened positions while 84 raised stakes. 31.63 million shares or 2.69% more from 30.80 million shares in 2017Q2 were reported. Peak6 Limited Partnership reported 12,437 shares or 0% of all its holdings. 8,289 are owned by Mason Street Ltd. Ohio-based Fifth Third National Bank & Trust has invested 0% in Cambrex Corporation (NYSE:CBM). Gsa Prns Limited Liability Partnership holds 11,906 shares or 0.04% of its portfolio. Northwestern Mutual Wealth Com has 0% invested in Cambrex Corporation (NYSE:CBM) for 45 shares. Intrust Commercial Bank Na reported 8,370 shares. 6,758 were reported by Guggenheim Capital Ltd Liability Company. Ranger Investment Management Lp has 2.91% invested in Cambrex Corporation (NYSE:CBM). Hightower Advsr Ltd Liability Corp accumulated 0.01% or 10,697 shares. Contravisory Invest Mngmt invested 0% in Cambrex Corporation (NYSE:CBM). Scout Invs has 0.12% invested in Cambrex Corporation (NYSE:CBM). Great West Life Assurance Com Can holds 0.01% or 44,543 shares in its portfolio. One Trading Lp has 2,074 shares. Pub Employees Retirement Association Of Colorado, a Colorado-based fund reported 348,243 shares. 20,593 were reported by Globeflex Ltd Partnership.

Among 6 analysts covering Cambrex Corp (NYSE:CBM), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cambrex Corp had 7 analyst reports since July 21, 2015 according to SRatingsIntel. First Analysis maintained the shares of CBM in report on Tuesday, January 17 with “Overweight” rating. As per Tuesday, October 31, the company rating was maintained by Craig Hallum. William Blair maintained Cambrex Corporation (NYSE:CBM) on Tuesday, January 16 with “Buy” rating. First Analysis upgraded Cambrex Corporation (NYSE:CBM) on Monday, November 7 to “Overweight” rating. The rating was initiated by Stephens with “Overweight” on Tuesday, July 21. Singular Research maintained it with “Buy” rating and $60 target in Thursday, February 11 report.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.09, from 0.95 in 2017Q2. It fall, as 48 investors sold SYMC shares while 170 reduced holdings. 55 funds opened positions while 133 raised stakes. 571.53 million shares or 3.02% more from 554.80 million shares in 2017Q2 were reported. Cwm Limited Company owns 103 shares or 0% of their US portfolio. Pillar Pacific Mgmt invested 0.52% of its portfolio in Symantec Corporation (NASDAQ:SYMC). 56 are held by Nelson Roberts Advsrs Ltd. Perigon Wealth Mngmt Ltd Llc invested 0.01% of its portfolio in Symantec Corporation (NASDAQ:SYMC). Whittier Tru accumulated 7,460 shares. Macquarie Group Inc Ltd accumulated 5.26 million shares. Boothbay Fund Mgmt Ltd Liability has invested 0.32% of its portfolio in Symantec Corporation (NASDAQ:SYMC). United Kingdom-based Veritas Investment Mgmt Llp has invested 0.01% in Symantec Corporation (NASDAQ:SYMC). 73,457 are held by Shufro Rose & Com Ltd. Lpl Fin Limited Liability stated it has 48,293 shares or 0.01% of all its holdings. Martin And Communications Tn reported 2.11% stake. Cubic Asset Limited Liability invested 0.58% of its portfolio in Symantec Corporation (NASDAQ:SYMC). State Of New Jersey Common Pension Fund D accumulated 240,000 shares. The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.17% in Symantec Corporation (NASDAQ:SYMC). Roundview Capital Limited Company invested in 7,865 shares.

Since August 28, 2017, it had 0 buys, and 15 selling transactions for $9.01 million activity. Rosch Francis C also sold $141,089 worth of Symantec Corporation (NASDAQ:SYMC) on Wednesday, September 6. Another trade for 2,163 shares valued at $64,566 was made by Cappellanti-Wolf Amy L. on Friday, September 1. Divol Roxane sold $499,352 worth of stock or 15,111 shares. Noviello Nicholas R sold $447,750 worth of stock. On Monday, October 2 the insider Vautrinot Suzanne M sold $82,025. TAYLOR SCOTT C sold $348,668 worth of stock or 10,622 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts