Poplar Forest Capital Has Lifted Its Commscope Hldg Co (COMM) Position; Pentair Plc (PNR) Sellers Decreased By 33.83% Their Shorts

October 12, 2017 - By Nellie Frank

Pentair Plc (NYSE:PNR) had a decrease of 33.83% in short interest. PNR’s SI was 1.61 million shares in October as released by FINRA. Its down 33.83% from 2.43 million shares previously. With 643,400 avg volume, 3 days are for Pentair Plc (NYSE:PNR)’s short sellers to cover PNR’s short positions. The SI to Pentair Plc’s float is 0.97%. The stock decreased 0.09% or $0.06 on October 12, reaching $69.89. About 1.03M shares traded or 15.42% up from the average. Pentair plc. Ordinary Share (NYSE:PNR) has risen 14.99% since October 12, 2016 and is uptrending. It has underperformed by 1.71% the S&P500.

Poplar Forest Capital Llc increased Commscope Hldg Co Inc (COMM) stake by 245.83% reported in 2017Q2 SEC filing. Poplar Forest Capital Llc acquired 11,800 shares as Commscope Hldg Co Inc (COMM)’s stock declined 6.21%. The Poplar Forest Capital Llc holds 16,600 shares with $631,000 value, up from 4,800 last quarter. Commscope Hldg Co Inc now has $6.21B valuation. The stock declined 0.02% or $0.01 reaching $32.18 on the news. About 535,856 shares traded. Commscope Holding Company Inc (NASDAQ:COMM) has risen 25.42% since October 12, 2016 and is uptrending. It has outperformed by 8.72% the S&P500.

Since May 15, 2017, it had 1 insider purchase, and 3 sales for $40.60 million activity. GARDEN EDWARD P also bought $56.31M worth of Pentair plc. Ordinary Share (NYSE:PNR) on Monday, May 15. $503,325 worth of Pentair plc. Ordinary Share (NYSE:PNR) was sold by BORIN MARK C on Friday, May 19. Shares for $14.53 million were sold by HOGAN RANDALL J. JONES DAVID A /WI had sold 10,000 shares worth $676,752.

Among 23 analysts covering Pentair Inc. (NYSE:PNR), 8 have Buy rating, 3 Sell and 12 Hold. Therefore 35% are positive. Pentair Inc. had 64 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of PNR in report on Monday, June 5 with “Buy” rating. Robert W. Baird maintained Pentair plc. Ordinary Share (NYSE:PNR) rating on Wednesday, October 4. Robert W. Baird has “Hold” rating and $70.0 target. The stock has “Hold” rating by Jefferies on Thursday, July 13. The firm earned “Outperform” rating on Wednesday, February 3 by RBC Capital Markets. The firm earned “Outperform” rating on Monday, November 9 by RBC Capital Markets. On Friday, September 1 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Tuesday, June 27 by BMO Capital Markets. The rating was maintained by Goldman Sachs on Thursday, June 1 with “Sell”. RBC Capital Markets maintained Pentair plc. Ordinary Share (NYSE:PNR) rating on Tuesday, July 25. RBC Capital Markets has “Buy” rating and $7400 target. On Wednesday, April 26 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.06, from 1.09 in 2017Q1. It is positive, as 27 investors sold Pentair plc. Ordinary Share shares while 138 reduced holdings. 51 funds opened positions while 139 raised stakes. 153.84 million shares or 1.35% less from 155.95 million shares in 2017Q1 were reported. Blackrock stated it has 0.04% of its portfolio in Pentair plc. Ordinary Share (NYSE:PNR). North Star Management holds 5 shares or 0% of its portfolio. Loomis Sayles L P holds 566,261 shares. Tortoise Advsr Lc reported 104 shares. 349,698 are owned by Mitsubishi Ufj & Banking. Moreover, Corsair Capital Limited Partnership has 1.2% invested in Pentair plc. Ordinary Share (NYSE:PNR). Ruggie Capital Grp holds 0% of its portfolio in Pentair plc. Ordinary Share (NYSE:PNR) for 63 shares. Pacific Alternative Asset Mngmt Ltd Com reported 10,748 shares. Bollard Gp Incorporated Ltd Liability holds 400 shares. Oakworth Capital accumulated 0% or 20 shares. Oppenheimer Asset Management has 72,129 shares. Farmers & Merchants Invs Incorporated owns 3,732 shares or 0.02% of their US portfolio. Advisors Asset Inc accumulated 4,200 shares. Prelude Cap Limited Liability Corporation has 0.03% invested in Pentair plc. Ordinary Share (NYSE:PNR) for 4,362 shares. Alliancebernstein Limited Partnership reported 342,256 shares.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. CommScope Holding had 27 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Commscope Holding Company Inc (NASDAQ:COMM) earned “Overweight” rating by JP Morgan on Thursday, December 17. The rating was maintained by Northland Capital with “Hold” on Tuesday, August 8. On Tuesday, September 20 the stock rating was initiated by Morgan Stanley with “Equal-Weight”. The firm earned “Neutral” rating on Friday, September 18 by Goldman Sachs. The stock has “Hold” rating by Barclays Capital on Friday, August 4. As per Monday, February 22, the company rating was upgraded by Cross Research. The firm has “Overweight” rating by Barclays Capital given on Tuesday, November 10. Drexel Hamilton initiated it with “Buy” rating and $40 target in Friday, July 24 report. As per Tuesday, November 10, the company rating was maintained by Northland Capital. Northland Capital initiated the stock with “Market Perform” rating in Wednesday, September 30 report.

Investors sentiment decreased to 1.24 in 2017 Q2. Its down 0.03, from 1.27 in 2017Q1. It turned negative, as 52 investors sold COMM shares while 81 reduced holdings. 59 funds opened positions while 106 raised stakes. 192.66 million shares or 3.50% more from 186.14 million shares in 2017Q1 were reported. Moore Capital Mgmt Lp reported 0.36% stake. Ahl Llp invested 0.06% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM). Thrivent For Lutherans, a Minnesota-based fund reported 37,610 shares. Navellier And Associate owns 10,884 shares for 0.06% of their portfolio. Hbk Invs LP reported 0% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM). Aperio Gp Limited reported 19,926 shares. Scotia Cap Incorporated, a Ontario – Canada-based fund reported 35,408 shares. Sumitomo Mitsui Holdings owns 0.03% invested in Commscope Holding Company Inc (NASDAQ:COMM) for 556,011 shares. Balyasny Asset Mgmt Lc reported 0.05% stake. 6,167 are owned by Cibc Asset. Fpr Prtn Limited Liability Company invested in 7.75% or 9.50 million shares. Fmr Limited Co accumulated 11.28M shares or 0.05% of the stock. Bb&T Securities Ltd has invested 0.01% in Commscope Holding Company Inc (NASDAQ:COMM). Argent Limited Company holds 1.36% or 896,335 shares. Pnc Services Gru, a Pennsylvania-based fund reported 31,374 shares.

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