Pinnacle Associates LTD Has Decreased Cal Maine Foods (CALM) Position by $896,957; Shares Rose; As Crh Plc (CRH) Stock Value Rose, Renaissance Group Raised by $1.05 Million Its Stake

February 17, 2018 - By Migdalia James

Pinnacle Associates Ltd decreased its stake in Cal Maine Foods Inc (CALM) by 19.6% based on its latest 2017Q3 regulatory filing with the SEC. Pinnacle Associates Ltd sold 21,877 shares as the company’s stock rose 0.65% with the market. The institutional investor held 89,756 shares of the consumer non-durables company at the end of 2017Q3, valued at $3.69 million, down from 111,633 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Cal Maine Foods Inc for a number of months, seems to be less bullish one the $2.07B market cap company. The stock increased 0.24% or $0.1 during the last trading session, reaching $42.65. About 275,036 shares traded. Cal-Maine Foods, Inc. (NASDAQ:CALM) has declined 14.94% since February 17, 2017 and is downtrending. It has underperformed by 31.64% the S&P500.

Renaissance Group Llc increased its stake in Crh Plc (CRH) by 6.79% based on its latest 2017Q3 regulatory filing with the SEC. Renaissance Group Llc bought 28,362 shares as the company’s stock rose 6.69% with the market. The institutional investor held 446,127 shares of the building materials company at the end of 2017Q3, valued at $16.89M, up from 417,765 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Crh Plc for a number of months, seems to be bullish on the $28.17B market cap company. The stock decreased 1.22% or $0.43 during the last trading session, reaching $34.9. About 454,244 shares traded. CRH plc (NYSE:CRH) has risen 23.18% since February 17, 2017 and is uptrending. It has outperformed by 6.48% the S&P500.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.05, from 0.78 in 2017Q2. It improved, as 11 investors sold CRH shares while 43 reduced holdings. 10 funds opened positions while 35 raised stakes. 27.77 million shares or 16.94% less from 33.44 million shares in 2017Q2 were reported. Dubuque Fincl Bank Tru owns 0.33% invested in CRH plc (NYSE:CRH) for 52,358 shares. 624 are held by Northwestern Mutual Wealth Mgmt. Us Savings Bank De invested 0% of its portfolio in CRH plc (NYSE:CRH). Raymond James holds 0% or 28,083 shares in its portfolio. Manufacturers Life Insurance The, a Ontario – Canada-based fund reported 60 shares. Asset Mngmt reported 49,102 shares. Ims Capital Management reported 10,000 shares stake. Winfield Assoc invested in 310 shares or 0.01% of the stock. Credit Suisse Ag holds 0.01% of its portfolio in CRH plc (NYSE:CRH) for 276,929 shares. Gratry And Com Lc stated it has 2.62% of its portfolio in CRH plc (NYSE:CRH). Bartlett And Limited Liability Corporation accumulated 2,265 shares. Shelton Mngmt stated it has 27,490 shares or 0.08% of all its holdings. Nationwide Fund invested 0.01% of its portfolio in CRH plc (NYSE:CRH). Ameriprise Financial Incorporated invested 0% of its portfolio in CRH plc (NYSE:CRH). Massachusetts-based Geode Cap Lc has invested 0% in CRH plc (NYSE:CRH).

Among 10 analysts covering CRH Plc. (NYSE:CRH), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. CRH Plc. had 16 analyst reports since November 5, 2015 according to SRatingsIntel. Bank of America upgraded the shares of CRH in report on Friday, April 21 to “Buy” rating. The firm has “Buy” rating by Jefferies given on Wednesday, September 27. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, September 13. Bank of America upgraded the shares of CRH in report on Monday, April 25 to “Neutral” rating. The firm earned “Buy” rating on Wednesday, January 27 by HSBC. The stock has “Outperform” rating by BNP Paribas on Friday, January 15. The firm earned “Buy” rating on Wednesday, March 9 by Jefferies. On Wednesday, November 2 the stock rating was upgraded by Canaccord Genuity to “Buy”. The firm has “Overweight” rating given on Wednesday, April 6 by JP Morgan. The firm earned “Market Perform” rating on Friday, March 18 by Bernstein.

Renaissance Group Llc, which manages about $2.91B US Long portfolio, decreased its stake in Ryanair Holdings Plc by 6,175 shares to 163,248 shares, valued at $17.21M in 2017Q3, according to the filing. It also reduced its holding in Caterpillar Inc (NYSE:CAT) by 2,583 shares in the quarter, leaving it with 11,457 shares, and cut its stake in Infineon Technologies Ag.

Among 4 analysts covering Cal-Maine Foods (NASDAQ:CALM), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Cal-Maine Foods had 10 analyst reports since August 31, 2015 according to SRatingsIntel. DA Davidson downgraded the shares of CALM in report on Monday, May 9 to “Underperform” rating. On Thursday, June 16 the stock rating was upgraded by BB&T Capital to “Hold”. The company was downgraded on Tuesday, September 1 by Zacks. The firm has “Buy” rating by BB&T Capital given on Monday, August 31. As per Monday, October 5, the company rating was downgraded by BB&T Capital. On Tuesday, October 3 the stock rating was upgraded by Stephens to “Overweight”. The rating was downgraded by DA Davidson to “Neutral” on Tuesday, March 29. The firm has “Neutral” rating by Goldman Sachs given on Thursday, November 10. Goldman Sachs downgraded Cal-Maine Foods, Inc. (NASDAQ:CALM) on Friday, June 16 to “Sell” rating. DA Davidson maintained the stock with “Buy” rating in Wednesday, December 2 report.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.20, from 0.83 in 2017Q2. It increased, as 23 investors sold CALM shares while 52 reduced holdings. 28 funds opened positions while 49 raised stakes. 29.05 million shares or 1.34% less from 29.44 million shares in 2017Q2 were reported. Massachusetts-based State Street Corporation has invested 0% in Cal-Maine Foods, Inc. (NASDAQ:CALM). Davenport Co Ltd Co accumulated 5,130 shares or 0% of the stock. Moreover, First Trust Advsrs LP has 0.01% invested in Cal-Maine Foods, Inc. (NASDAQ:CALM) for 73,229 shares. Swiss National Bank & Trust holds 0% of its portfolio in Cal-Maine Foods, Inc. (NASDAQ:CALM) for 50,400 shares. Global X Mngmt Co Ltd Com holds 0% or 611 shares in its portfolio. 7,876 are held by Paloma Partners. Mason Street Lc, a Wisconsin-based fund reported 7,539 shares. Prudential Financial holds 0% or 49,712 shares in its portfolio. Cetera Advisors Ltd Liability Corp stated it has 0.19% in Cal-Maine Foods, Inc. (NASDAQ:CALM). Riverhead Limited Liability Co invested 0.01% in Cal-Maine Foods, Inc. (NASDAQ:CALM). Metropolitan Life Insurance Company New York owns 0.01% invested in Cal-Maine Foods, Inc. (NASDAQ:CALM) for 21,282 shares. Piedmont Advsrs Lc holds 0.01% or 6,485 shares in its portfolio. Vantage Investment Ltd Limited Liability Company reported 0% stake. Luminus Mgmt Limited Liability Co reported 0.01% stake. Us Bancorp De reported 0% in Cal-Maine Foods, Inc. (NASDAQ:CALM).

Pinnacle Associates Ltd, which manages about $6.31B and $5.42B US Long portfolio, upped its stake in Wal (NYSE:WMT) by 4,682 shares to 49,054 shares, valued at $3.83 million in 2017Q3, according to the filing. It also increased its holding in Seagate Technology Plc (NASDAQ:STX) by 25,631 shares in the quarter, for a total of 54,218 shares, and has risen its stake in Lexicon Pharmaceuticals Inc.

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