Patterson Companies (PDCO) Stake Increased by Sector Gamma As; As Maxim Integrated Products (MXIM) Shares Rose, Shareholder Campbell Newman Asset Management Has Decreased Stake by $570,956

February 22, 2018 - By Michael Collier

Campbell Newman Asset Management Inc decreased its stake in Maxim Integrated Products (MXIM) by 4.83% based on its latest 2017Q3 regulatory filing with the SEC. Campbell Newman Asset Management Inc sold 12,148 shares as the company’s stock rose 3.86% with the market. The institutional investor held 239,429 shares of the technology company at the end of 2017Q3, valued at $11.42 million, down from 251,577 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Maxim Integrated Products for a number of months, seems to be less bullish one the $17.37 billion market cap company. The stock decreased 0.60% or $0.37 during the last trading session, reaching $61.75. About 1.68 million shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 31.27% since February 22, 2017 and is uptrending. It has outperformed by 14.57% the S&P500.

Sector Gamma As increased its stake in Patterson Companies Inc (PDCO) by 2.62% based on its latest 2017Q3 regulatory filing with the SEC. Sector Gamma As bought 10,100 shares as the company’s stock declined 2.93% while stock markets rallied. The institutional investor held 396,332 shares of the health care company at the end of 2017Q3, valued at $15.32M, up from 386,232 at the end of the previous reported quarter. Sector Gamma As who had been investing in Patterson Companies Inc for a number of months, seems to be bullish on the $2.97 billion market cap company. The stock increased 1.39% or $0.44 during the last trading session, reaching $32.04. About 946,612 shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 4.97% since February 22, 2017 and is downtrending. It has underperformed by 21.67% the S&P500.

Sector Gamma As, which manages about $656.08 million US Long portfolio, decreased its stake in Perkinelmer Inc (NYSE:PKI) by 89,700 shares to 541,608 shares, valued at $37.36 million in 2017Q3, according to the filing. It also reduced its holding in Tenet Healthcare Corp (NYSE:THC) by 60,000 shares in the quarter, leaving it with 515,180 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

Among 16 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 2 have Buy rating, 4 Sell and 10 Hold. Therefore 13% are positive. Patterson Companies Inc. had 35 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) has “Outperform” rating given on Tuesday, January 3 by Robert W. Baird. The firm earned “Buy” rating on Thursday, July 13 by Credit Suisse. J.P. Morgan downgraded the shares of PDCO in report on Thursday, February 15 to “Sell” rating. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, December 6. As per Wednesday, September 13, the company rating was maintained by Jefferies. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) has “Hold” rating given on Wednesday, November 22 by Jefferies. UBS upgraded the stock to “Hold” rating in Friday, August 25 report. Robert W. Baird maintained the shares of PDCO in report on Monday, September 25 with “Buy” rating. The firm earned “Sell” rating on Wednesday, August 9 by Stifel Nicolaus. The firm has “Hold” rating given on Tuesday, November 21 by Piper Jaffray.

Since October 11, 2017, it had 0 insider buys, and 2 selling transactions for $54,833 activity.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.46, from 0.79 in 2017Q2. It is positive, as 39 investors sold PDCO shares while 102 reduced holdings. 46 funds opened positions while 130 raised stakes. 88.39 million shares or 5.32% more from 83.93 million shares in 2017Q2 were reported. Moreover, Sumitomo Mitsui Asset Mngmt Com has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 6,479 shares. Savant Limited Liability Co stated it has 0.1% in Patterson Companies, Inc. (NASDAQ:PDCO). Gamco Investors Inc Et Al holds 1.42M shares. Loring Wolcott And Coolidge Fiduciary Llp Ma holds 0% in Patterson Companies, Inc. (NASDAQ:PDCO) or 1 shares. Whittier Trust reported 0% stake. 41,270 were accumulated by Sfe Investment Counsel. Moreover, Vanguard Group Inc Inc has 0.01% invested in Patterson Companies, Inc. (NASDAQ:PDCO). Mai Cap Management has 0.02% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 6,508 shares. Rampart Investment Management Ltd Liability Corporation owns 1,143 shares or 0.01% of their US portfolio. Menta Capital Ltd Limited Liability Company stated it has 19,708 shares or 0.11% of all its holdings. Nevada-based Whittier Tru Of Nevada Inc has invested 0% in Patterson Companies, Inc. (NASDAQ:PDCO). Ww Asset Mngmt Inc holds 0.01% or 7,775 shares. Nippon Life Americas has invested 0.41% in Patterson Companies, Inc. (NASDAQ:PDCO). Perkins Coie Trust invested 0.03% in Patterson Companies, Inc. (NASDAQ:PDCO). 900 were reported by Smithfield Tru Co.

Among 30 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive. Maxim Integrated Products Inc. had 85 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) earned “Hold” rating by SunTrust on Friday, January 26. The company was maintained on Thursday, January 25 by Jefferies. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, January 18. As per Wednesday, December 13, the company rating was maintained by Morgan Stanley. The rating was initiated by Loop Capital on Tuesday, December 6 with “Buy”. The rating was maintained by Loop Capital with “Buy” on Friday, October 20. The firm earned “Buy” rating on Friday, October 20 by Drexel Hamilton. RBC Capital Markets maintained it with “Hold” rating and $4700 target in Thursday, August 3 report. The firm has “Buy” rating by Zacks given on Thursday, September 17. Wells Fargo maintained it with “Market Perform” rating and $50 target in Friday, October 20 report.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.10, from 1.18 in 2017Q2. It dived, as 38 investors sold MXIM shares while 134 reduced holdings. 51 funds opened positions while 134 raised stakes. 250.01 million shares or 0.14% more from 249.67 million shares in 2017Q2 were reported. Employees Retirement Systems Of Ohio has 0.03% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 110,405 shares. Wells Fargo & Mn reported 6.57 million shares. Hudson Valley Advsrs Adv owns 0.06% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 5,200 shares. Federated Invsts Pa accumulated 351,436 shares or 0.05% of the stock. The California-based Cornerstone has invested 0.09% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). 698,048 are owned by Mitsubishi Ufj Trust And Bk Corporation. Markel holds 0.19% or 197,000 shares. Fmr Limited Liability reported 0.05% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Pnc Fincl Svcs Grp Incorporated owns 22,655 shares. Capital Intll Invsts has invested 0.09% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Axa has invested 0% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Zacks Invest Management holds 26,022 shares. Sg Americas Limited reported 0.03% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Deutsche Retail Bank Ag owns 1.35 million shares. Cullinan Associate accumulated 209,401 shares.

Campbell Newman Asset Management Inc, which manages about $443.30 million and $558.86M US Long portfolio, upped its stake in Visa Inc. Class A (NYSE:V) by 143,419 shares to 151,887 shares, valued at $15.98M in 2017Q3, according to the filing.

Since August 24, 2017, it had 0 buys, and 24 insider sales for $17.65 million activity. 1,950 shares were sold by Jain Vivek, worth $119,257. Shares for $1.56M were sold by DOLUCA TUNC. 3,500 shares were sold by NEIL CHRISTOPHER J, worth $183,950. Shares for $434,257 were sold by Loftus David on Monday, October 30. On Friday, February 16 the insider Preeshl Bryan sold $221,227. $1.29 million worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) was sold by KIDDOO BRUCE E on Wednesday, October 25.

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on April, 19. They expect $0.69 EPS, up 23.21% or $0.13 from last year’s $0.56 per share. MXIM’s profit will be $194.04M for 22.37 P/E if the $0.69 EPS becomes a reality. After $0.65 actual EPS reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts 6.15% EPS growth.

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: