Credit Agricole S A Upped Orbotech LTD (ORBK) Position By $1.99 Million; Baytex Energy (BTE) Shorts Raised By 1.32%

December 7, 2017 - By Peter Erickson

Credit Agricole S A increased Orbotech Ltd (ORBK) stake by 128.3% reported in 2017Q2 SEC filing. Credit Agricole S A acquired 62,033 shares as Orbotech Ltd (ORBK)’s stock rose 18.15%. The Credit Agricole S A holds 110,384 shares with $3.60M value, up from 48,351 last quarter. Orbotech Ltd now has $2.36B valuation. The stock decreased 0.32% or $0.16 during the last trading session, reaching $49.28. About 387,582 shares traded or 8.79% up from the average. Orbotech Ltd. (NASDAQ:ORBK) has risen 49.39% since December 7, 2016 and is uptrending. It has outperformed by 32.69% the S&P500.

Baytex Energy Corporation (NYSE:BTE) had an increase of 1.32% in short interest. BTE’s SI was 17.73 million shares in December as released by FINRA. Its up 1.32% from 17.50M shares previously. With 1.22M avg volume, 15 days are for Baytex Energy Corporation (NYSE:BTE)’s short sellers to cover BTE’s short positions. The SI to Baytex Energy Corporation’s float is 7.67%. The stock decreased 6.71% or $0.23 during the last trading session, reaching $3.2. About 2.30M shares traded or 36.51% up from the average. Baytex Energy Corp. (NYSE:BTE) has declined 26.24% since December 7, 2016 and is downtrending. It has underperformed by 42.94% the S&P500.

Credit Agricole S A decreased First Data Corp New stake by 142,969 shares to 245,702 valued at $4.47M in 2017Q2. It also reduced Rambus Inc Del (NASDAQ:RMBS) stake by 144,000 shares and now owns 216,000 shares. Toronto Dominion Bk Ont (NYSE:TD) was reduced too.

Among 10 analysts covering Orbotech (NASDAQ:ORBK), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Orbotech had 20 analyst reports since September 8, 2015 according to SRatingsIntel. Lake Street initiated Orbotech Ltd. (NASDAQ:ORBK) rating on Tuesday, September 8. Lake Street has “Buy” rating and $28.0 target. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 3 report. The stock of Orbotech Ltd. (NASDAQ:ORBK) has “Outperform” rating given on Tuesday, January 5 by Cowen & Co. The company was maintained on Monday, July 10 by Jefferies. The firm earned “Buy” rating on Thursday, August 10 by Oppenheimer. Jefferies maintained the stock with “Buy” rating in Monday, September 11 report. Needham maintained the stock with “Buy” rating in Monday, November 16 report. Oppenheimer maintained Orbotech Ltd. (NASDAQ:ORBK) rating on Wednesday, December 2. Oppenheimer has “Outperform” rating and $35.0 target. The stock of Orbotech Ltd. (NASDAQ:ORBK) has “Buy” rating given on Thursday, October 19 by Jefferies. The rating was maintained by Oppenheimer with “Buy” on Wednesday, November 1.

Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of natural gas and crude oil in the Western Canadian Sedimentary Basin and Eagle Ford in the United States. The company has market cap of $760.50 million. The firm offers heavy oil, light oil, condensate, and natural gas liquids. It currently has negative earnings. As of March 7, 2017, it had proved plus probable reserve of 406 million barrels of oil equivalent; and proved reserves of 253 million barrels of oil equivalent.

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