Dynamic Capital Management LTD Has Upped Goodyear Tire & Rubr Co (GT) Holding; Shorts at Pnm Resources (PNM) Raised By 3.78%

October 12, 2017 - By Linda Rogers

Pnm Resources Incorporated (NYSE:PNM) had an increase of 3.78% in short interest. PNM’s SI was 2.45 million shares in October as released by FINRA. Its up 3.78% from 2.36M shares previously. With 470,800 avg volume, 5 days are for Pnm Resources Incorporated (NYSE:PNM)’s short sellers to cover PNM’s short positions. The SI to Pnm Resources Incorporated’s float is 3.1%. The stock increased 0.12% or $0.05 on October 12, reaching $41.35. About 459,329 shares traded. PNM Resources Inc (NYSE:PNM) has risen 13.69% since October 12, 2016 and is uptrending. It has underperformed by 3.01% the S&P500.

Dynamic Capital Management Ltd increased Goodyear Tire & Rubr Co (GT) stake by 143.42% reported in 2017Q2 SEC filing. Dynamic Capital Management Ltd acquired 97,774 shares as Goodyear Tire & Rubr Co (GT)’s stock declined 12.03%. The Dynamic Capital Management Ltd holds 165,945 shares with $5.80 million value, up from 68,171 last quarter. Goodyear Tire & Rubr Co now has $8.24 billion valuation. The stock decreased 0.85% or $0.28 during the last trading session, reaching $32.71. About 1.75M shares traded. Goodyear Tire & Rubber Co (NASDAQ:GT) has risen 17.26% since October 12, 2016 and is uptrending. It has outperformed by 0.56% the S&P500.

PNM Resources, Inc. is an investor-owned holding firm with approximately two regulated utilities providing electricity and electric services in New Mexico and Texas. The company has market cap of $3.29 billion. PNMR’s electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). It has a 23.73 P/E ratio. It operates in three divisions: PNM, TNMP, and Corporate and Other.

Among 11 analysts covering PNM Resources (NYSE:PNM), 2 have Buy rating, 3 Sell and 6 Hold. Therefore 18% are positive. PNM Resources had 35 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained PNM Resources Inc (NYSE:PNM) rating on Thursday, September 29. Barclays Capital has “Overweight” rating and $37 target. Barclays Capital downgraded PNM Resources Inc (NYSE:PNM) rating on Friday, December 2. Barclays Capital has “Equal Weight” rating and $33 target. The rating was maintained by SunTrust with “Neutral” on Monday, March 7. RBC Capital Markets maintained PNM Resources Inc (NYSE:PNM) on Sunday, September 24 with “Hold” rating. As per Thursday, September 22, the company rating was maintained by Argus Research. Ladenburg downgraded the stock to “Hold” rating in Friday, August 18 report. Wells Fargo initiated the shares of PNM in report on Friday, September 22 with “Hold” rating. The rating was maintained by Jefferies on Friday, October 6 with “Hold”. The firm earned “Underperform” rating on Tuesday, September 26 by Evercore. The firm has “Buy” rating given on Tuesday, September 20 by Jefferies.

Investors sentiment increased to 1.38 in Q2 2017. Its up 0.34, from 1.04 in 2017Q1. It is positive, as 16 investors sold PNM Resources Inc shares while 62 reduced holdings. 29 funds opened positions while 79 raised stakes. 73.63 million shares or 0.16% less from 73.75 million shares in 2017Q1 were reported. State Treasurer State Of Michigan holds 0.01% of its portfolio in PNM Resources Inc (NYSE:PNM) for 32,834 shares. Principal Fin Group Inc Inc holds 0.06% or 1.44M shares. At Bancorp holds 58,489 shares or 0.26% of its portfolio. Jefferies Group Limited Liability Com owns 6,582 shares. Alliancebernstein Ltd Partnership reported 0.09% of its portfolio in PNM Resources Inc (NYSE:PNM). First Manhattan Company stated it has 0.04% in PNM Resources Inc (NYSE:PNM). Lazard Asset Mngmt Llc reported 379,292 shares or 0.03% of all its holdings. Public Employees Retirement Sys Of Ohio owns 20,951 shares. Virginia Retirement Et Al has invested 0.09% in PNM Resources Inc (NYSE:PNM). Tocqueville Asset Mngmt Ltd Partnership holds 0% or 6,000 shares. Wellington Mgmt Limited Liability Partnership invested in 890,850 shares or 0.01% of the stock. Susquehanna Llp has invested 0% in PNM Resources Inc (NYSE:PNM). Segall Bryant And Hamill Limited Liability Co owns 105,507 shares. Prudential Plc, a Illinois-based fund reported 959,700 shares. Citigroup reported 3,128 shares or 0% of all its holdings.

Since June 5, 2017, it had 1 buying transaction, and 0 selling transactions for $97,450 activity. On Monday, June 5 BECKER NORMAN P. bought $97,450 worth of PNM Resources Inc (NYSE:PNM) or 2,500 shares.

Since May 9, 2017, it had 0 insider buys, and 2 insider sales for $441,332 activity. Shares for $220,566 were sold by McClellan Stephen R.

Dynamic Capital Management Ltd decreased Rite Aid Corp (NYSE:RAD) stake by 888,298 shares to 384,654 valued at $1.14M in 2017Q2. It also reduced Unitedhealth Group Inc (NYSE:UNH) stake by 10,626 shares and now owns 2,505 shares. Baker Hughes Inc (NYSE:BHI) was reduced too.

Among 10 analysts covering Goodyear Tire (NASDAQ:GT), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Goodyear Tire had 22 analyst reports since October 28, 2015 according to SRatingsIntel. The rating was initiated by Berenberg with “Buy” on Tuesday, November 22. The firm earned “Buy” rating on Monday, August 7 by Jefferies. The firm has “Buy” rating given on Friday, July 28 by Jefferies. Standpoint Research downgraded Goodyear Tire & Rubber Co (NASDAQ:GT) on Wednesday, March 30 to “Hold” rating. The rating was maintained by Morgan Stanley on Friday, July 28 with “Buy”. CLSA initiated Goodyear Tire & Rubber Co (NASDAQ:GT) rating on Wednesday, June 21. CLSA has “Buy” rating and $3900 target. On Tuesday, November 29 the stock rating was initiated by Jefferies with “Buy”. Standpoint Research upgraded the stock to “Buy” rating in Thursday, January 14 report. The firm has “Overweight” rating given on Thursday, April 7 by KeyBanc Capital Markets. As per Friday, February 24, the company rating was downgraded by Jefferies.

Investors sentiment increased to 1.14 in Q2 2017. Its up 0.03, from 1.11 in 2017Q1. It increased, as 47 investors sold GT shares while 141 reduced holdings. 56 funds opened positions while 158 raised stakes. 225.19 million shares or 2.30% less from 230.50 million shares in 2017Q1 were reported. Wfg Advsrs LP accumulated 0% or 300 shares. Tru Of Vermont holds 0% or 390 shares in its portfolio. Regions stated it has 0% in Goodyear Tire & Rubber Co (NASDAQ:GT). Salem Capital Mgmt owns 91,775 shares or 1.79% of their US portfolio. Evercore Wealth Management Lc owns 1,438 shares for 0% of their portfolio. M&T Savings Bank owns 20,941 shares. Architects stated it has 3,546 shares or 0.02% of all its holdings. Tiaa Cref Investment Mgmt Ltd Com has invested 0.06% in Goodyear Tire & Rubber Co (NASDAQ:GT). Northwestern Mutual Wealth Management holds 3,066 shares or 0% of its portfolio. Centurylink Inv Management Co reported 30,331 shares. Advisor Partners Ltd Liability Com has 7,075 shares for 0.06% of their portfolio. Credit Agricole S A has 0.03% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 251,023 shares. Whitnell & Com stated it has 15,000 shares or 0.23% of all its holdings. Moon Mgmt Ltd Partnership owns 457,496 shares for 4.17% of their portfolio. Wellington Mgmt Llp reported 6.58 million shares.

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