Neophotonics Com (NPTN) Shareholder Ipg Investment Advisors Lowered Its Holding; As Cadiz (CDZI) Market Value Rose, Holder Elkhorn Partners Limited Partnership Has Increased Its Stake

February 19, 2018 - By Hazel Jackson

Ipg Investment Advisors Llc decreased its stake in Neophotonics Corp Com (NPTN) by 38.71% based on its latest 2017Q3 regulatory filing with the SEC. Ipg Investment Advisors Llc sold 12,000 shares as the company’s stock declined 30.87% while stock markets rallied. The institutional investor held 19,000 shares of the semiconductors company at the end of 2017Q3, valued at $105.64M, down from 31,000 at the end of the previous reported quarter. Ipg Investment Advisors Llc who had been investing in Neophotonics Corp Com for a number of months, seems to be less bullish one the $269.82M market cap company. The stock increased 3.37% or $0.2 during the last trading session, reaching $6.14. About 627,669 shares traded. NeoPhotonics Corporation (NYSE:NPTN) has declined 9.58% since February 19, 2017 and is downtrending. It has underperformed by 26.28% the S&P500.

Alan S. Parsow increased its stake in Cadiz Inc. (CDZI) by 19.7% based on its latest 2017Q3 regulatory filing with the SEC. Elkhorn Partners Limited Partnership bought 79,000 shares as the company’s stock rose 6.46% with the market. The hedge fund run by Alan S. Parsow held 480,000 shares of the public utilities company at the end of 2017Q3, valued at $6.10 million, up from 401,000 at the end of the previous reported quarter. Elkhorn Partners Limited Partnership who had been investing in Cadiz Inc. for a number of months, seems to be bullish on the $321.51 million market cap company. It closed at $14.1 lastly. It is down 165.70% since February 19, 2017 and is uptrending. It has outperformed by 149.00% the S&P500.

Among 11 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. NeoPhotonics had 29 analyst reports since August 7, 2015 according to SRatingsIntel. On Monday, January 29 the stock rating was downgraded by PiperJaffray to “Neutral”. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Strong Buy” rating given on Wednesday, March 15 by Needham. The firm has “Strong Buy” rating by Needham given on Tuesday, December 20. Raymond James upgraded the shares of NPTN in report on Wednesday, February 3 to “Strong Buy” rating. The rating was maintained by Raymond James on Thursday, August 24 with “Outperform”. The rating was maintained by Needham on Monday, September 12 with “Strong Buy”. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Buy” rating given on Monday, June 12 by Needham. Northland Capital maintained NeoPhotonics Corporation (NYSE:NPTN) rating on Friday, September 15. Northland Capital has “Buy” rating and $10.0 target. The firm has “Buy” rating given on Friday, September 29 by Cowen & Co. Piper Jaffray initiated the stock with “Overweight” rating in Tuesday, February 23 report.

Analysts await NeoPhotonics Corporation (NYSE:NPTN) to report earnings on March, 13. They expect $-0.22 EPS, down 375.00% or $0.30 from last year’s $0.08 per share. After $-0.28 actual EPS reported by NeoPhotonics Corporation for the previous quarter, Wall Street now forecasts -21.43% EPS growth.

Investors sentiment increased to 1.36 in Q3 2017. Its up 0.36, from 1 in 2017Q2. It is positive, as 16 investors sold NPTN shares while 20 reduced holdings. 17 funds opened positions while 32 raised stakes. 29.02 million shares or 4.75% less from 30.47 million shares in 2017Q2 were reported. 283 are owned by Glenmede Trust Na. Price T Rowe Associate Md stated it has 0% in NeoPhotonics Corporation (NYSE:NPTN). State Street Corporation invested 0% in NeoPhotonics Corporation (NYSE:NPTN). White Pine Cap holds 0% of its portfolio in NeoPhotonics Corporation (NYSE:NPTN) for 247,135 shares. Bancorp Of Montreal Can reported 26,049 shares or 0% of all its holdings. Massachusetts-based Boston has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Aqr Cap Mngmt Limited Liability has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Wells Fargo & Mn owns 43,617 shares. 1,000 were reported by Adirondack & Management Inc. Moreover, Victory Mngmt Inc has 0% invested in NeoPhotonics Corporation (NYSE:NPTN) for 219,230 shares. J Goldman & Com Limited Partnership accumulated 0.15% or 535,100 shares. Jacobs Levy Equity invested in 0% or 14,300 shares. Morgan Stanley accumulated 0% or 253,870 shares. Vanguard Grp holds 0% or 1.52M shares. California Employees Retirement Systems has invested 0% in NeoPhotonics Corporation (NYSE:NPTN).

Ipg Investment Advisors Llc, which manages about $978.63 million and $290.46B US Long portfolio, upped its stake in Walgreens Boots Alliance Inc Com by 31,100 shares to 82,686 shares, valued at $6.39 billion in 2017Q3, according to the filing. It also increased its holding in Proshares Tr Proshares Ultrashort 20 Yr Treas New (TBT) by 3,228 shares in the quarter, for a total of 44,250 shares, and has risen its stake in Alexion Pharmaceuticals Inc Com (NASDAQ:ALXN).

Elkhorn Partners Limited Partnership, which manages about $155.72 million US Long portfolio, decreased its stake in Bp Plc (NYSE:BP) by 9,000 shares to 18,200 shares, valued at $699,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.23, from 1.31 in 2017Q2. It worsened, as 8 investors sold CDZI shares while 17 reduced holdings. 6 funds opened positions while 21 raised stakes. 11.09 million shares or 4.21% less from 11.58 million shares in 2017Q2 were reported. American Assets Capital Advisers accumulated 1.02 million shares or 5.09% of the stock. Tiaa Cref Investment Ltd Liability Co stated it has 56,943 shares or 0% of all its holdings. United Capital Advisers Ltd Liability Corporation holds 0% or 12,823 shares in its portfolio. Tower Rech Limited Liability Com (Trc) invested 0% in Cadiz Inc. (NASDAQ:CDZI). Credit Suisse Ag reported 557,774 shares stake. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Cadiz Inc. (NASDAQ:CDZI). State Board Of Administration Of Florida Retirement Systems holds 0% or 21,073 shares in its portfolio. Morgan Stanley invested 0% of its portfolio in Cadiz Inc. (NASDAQ:CDZI). Boston Prtn has 0% invested in Cadiz Inc. (NASDAQ:CDZI). New York State Common Retirement Fund stated it has 22,300 shares. Ameritas Inv Prtn Inc invested 0% of its portfolio in Cadiz Inc. (NASDAQ:CDZI). Deutsche State Bank Ag accumulated 0% or 19,489 shares. First Manhattan holds 0% of its portfolio in Cadiz Inc. (NASDAQ:CDZI) for 31,500 shares. Equitec Proprietary Llc reported 0.04% stake. Mcf Advsrs Ltd Liability holds 500 shares or 0% of its portfolio.

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