Red Hat (RHT) Holder Stephens Investment Management Group Trimmed Its Stake by $395,340; New Mexico Educational Retirement Board Has Upped Its Stake in Walt Disney Co/The (DIS) by $725,200 as Market Valuation Declined

February 17, 2018 - By Richard Conner

New Mexico Educational Retirement Board increased its stake in Walt Disney Co/The (DIS) by 5.47% based on its latest 2017Q3 regulatory filing with the SEC. New Mexico Educational Retirement Board bought 7,400 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 142,620 shares of the television services company at the end of 2017Q3, valued at $14.06 million, up from 135,220 at the end of the previous reported quarter. New Mexico Educational Retirement Board who had been investing in Walt Disney Co/The for a number of months, seems to be bullish on the $160.19 billion market cap company. The stock increased 1.28% or $1.35 during the last trading session, reaching $106.53. About 8.75M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 17, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Stephens Investment Management Group Llc decreased its stake in Red Hat Inc (RHT) by 1.83% based on its latest 2017Q3 regulatory filing with the SEC. Stephens Investment Management Group Llc sold 3,594 shares as the company’s stock rose 4.33% with the market. The institutional investor held 192,377 shares of the technology company at the end of 2017Q3, valued at $21.33 million, down from 195,971 at the end of the previous reported quarter. Stephens Investment Management Group Llc who had been investing in Red Hat Inc for a number of months, seems to be less bullish one the $25.26B market cap company. The stock increased 1.88% or $2.64 during the last trading session, reaching $142.71. About 2.25M shares traded or 28.13% up from the average. Red Hat, Inc. (NYSE:RHT) has risen 18.97% since February 17, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Among 35 analysts covering Red Hat (NYSE:RHT), 26 have Buy rating, 1 Sell and 8 Hold. Therefore 74% are positive. Red Hat had 112 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 25 by Piper Jaffray. Zacks downgraded Red Hat, Inc. (NYSE:RHT) on Tuesday, August 25 to “Hold” rating. The firm earned “Buy” rating on Wednesday, December 13 by RBC Capital Markets. The firm has “Hold” rating given on Friday, August 25 by Jefferies. Cowen & Co upgraded the stock to “Outperform” rating in Thursday, February 4 report. Jefferies maintained it with “Hold” rating and $8300 target in Wednesday, June 7 report. The firm earned “Neutral” rating on Friday, June 23 by Piper Jaffray. The stock has “Buy” rating by KeyBanc Capital Markets on Tuesday, September 26. As per Thursday, September 10, the company rating was initiated by BTIG Research. The firm has “Overweight” rating given on Tuesday, September 26 by JP Morgan.

Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.02, from 1.25 in 2017Q2. It turned negative, as 43 investors sold RHT shares while 154 reduced holdings. 65 funds opened positions while 177 raised stakes. 157.62 million shares or 0.16% less from 157.87 million shares in 2017Q2 were reported. Moreover, Oakbrook Invests Llc has 0.1% invested in Red Hat, Inc. (NYSE:RHT). Patten Group accumulated 1 shares. Raymond James Financial Advisors, Florida-based fund reported 5,902 shares. Jefferies Ltd Liability Corp has 0.07% invested in Red Hat, Inc. (NYSE:RHT). Ubs Asset Management Americas Inc stated it has 0.07% in Red Hat, Inc. (NYSE:RHT). Clarivest Asset Mngmt holds 0% or 11 shares. Utd Cap Fincl Advisers Ltd Limited Liability Company accumulated 0.01% or 13,928 shares. Moreover, Northern Tru Corporation has 0.11% invested in Red Hat, Inc. (NYSE:RHT) for 3.66M shares. Of Toledo Na Oh has invested 0.14% of its portfolio in Red Hat, Inc. (NYSE:RHT). 614,470 were accumulated by Capital Counsel Lc New York. Moreover, Advisory Services Ntwk Ltd has 0% invested in Red Hat, Inc. (NYSE:RHT) for 89 shares. Benjamin F Edwards And Company Inc has 0% invested in Red Hat, Inc. (NYSE:RHT) for 360 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys invested 0.02% in Red Hat, Inc. (NYSE:RHT). Numeric Invsts Limited Liability Company accumulated 27,700 shares or 0.02% of the stock. Prudential Financial has invested 0.06% of its portfolio in Red Hat, Inc. (NYSE:RHT).

Stephens Investment Management Group Llc, which manages about $3.08B and $4.34B US Long portfolio, upped its stake in Globant S A (NYSE:GLOB) by 13,213 shares to 235,287 shares, valued at $9.43 million in 2017Q3, according to the filing. It also increased its holding in Boot Barn Hldgs Inc (NYSE:BOOT) by 213,405 shares in the quarter, for a total of 1.57 million shares, and has risen its stake in Five9 Inc (NASDAQ:FIVN).

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of DIS in report on Sunday, September 24 with “Buy” rating. The firm has “Hold” rating by Cowen & Co given on Thursday, September 14. Pivotal Research initiated it with “Hold” rating and $106 target in Tuesday, October 20 report. The stock has “Buy” rating by S&P Research on Thursday, August 6. BMO Capital Markets maintained it with “Sell” rating and $9500 target in Thursday, July 13 report. The stock has “Buy” rating by Piper Jaffray on Sunday, August 6. The stock has “Underperform” rating by BMO Capital Markets on Monday, May 15. Barclays Capital maintained it with “Equal-Weight” rating and $98 target in Friday, August 14 report. The firm has “Market Perform” rating given on Tuesday, July 26 by FBR Capital. FBR Capital maintained the stock with “Outperform” rating in Friday, November 6 report.

New Mexico Educational Retirement Board, which manages about $2.10 billion US Long portfolio, decreased its stake in Wells Fargo Co (NYSE:WFC) by 7,300 shares to 410,766 shares, valued at $22.65M in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 8,100 shares in the quarter, leaving it with 476,566 shares, and cut its stake in Bank Of America Corp (NYSE:BAC).

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.20, from 1.09 in 2017Q2. It turned negative, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Estabrook Management reported 25,800 shares. Atlanta Cap L L C holds 0.26% or 457,312 shares. Fred Alger holds 2,915 shares or 0% of its portfolio. Family Capital Tru accumulated 39,775 shares. Greenbrier Prtnrs Cap Mngmt Lc reported 100,000 shares stake. Reinhart Prtnrs reported 0.03% of its portfolio in The Walt Disney Company (NYSE:DIS). Advisors Asset invested 0.08% in The Walt Disney Company (NYSE:DIS). Moreover, Confluence Wealth Management Limited Liability has 0.49% invested in The Walt Disney Company (NYSE:DIS). First Dallas holds 3,460 shares or 0.24% of its portfolio. Brandywine Global Invest Management Limited Liability Company stated it has 1.02% of its portfolio in The Walt Disney Company (NYSE:DIS). Connable Office stated it has 29,184 shares. Pnc Finance Group reported 3.60M shares or 0.37% of all its holdings. Allsquare Wealth Mngmt Limited Liability Company reported 0.03% of its portfolio in The Walt Disney Company (NYSE:DIS). Trillium Asset Ltd Liability stated it has 3,976 shares or 0.02% of all its holdings. Acg Wealth has 31,808 shares.

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