As Steven Madden LTD (SHOO) Market Value Rose, Neumeier Poma Investment Counsel Has Boosted Its Holding; Jones Financial Companies Lllp Holds Holding in Synchrony Financial (SYF)

January 7, 2018 - By Adrian Mccoy

Neumeier Poma Investment Counsel Llc increased its stake in Steven Madden Ltd. (SHOO) by 24.85% based on its latest 2017Q3 regulatory filing with the SEC. Neumeier Poma Investment Counsel Llc bought 141,705 shares as the company’s stock rose 2.62% with the market. The institutional investor held 711,908 shares of the consumer non-durables company at the end of 2017Q3, valued at $30.83 million, up from 570,203 at the end of the previous reported quarter. Neumeier Poma Investment Counsel Llc who had been investing in Steven Madden Ltd. for a number of months, seems to be bullish on the $2.73B market cap company. The stock increased 1.31% or $0.6 during the last trading session, reaching $46.25. About 456,891 shares traded. Steven Madden, Ltd. (NASDAQ:SHOO) has risen 13.46% since January 7, 2017 and is uptrending. It has underperformed by 3.24% the S&P500.

Jones Financial Companies Lllp increased its stake in Synchrony Financial (SYF) by 18.12% based on its latest 2017Q3 regulatory filing with the SEC. Jones Financial Companies Lllp bought 26,425 shares as the company’s stock declined 26.83% while stock markets rallied. The institutional investor held 172,284 shares of the consumer services company at the end of 2017Q3, valued at $5.35M, up from 145,859 at the end of the previous reported quarter. Jones Financial Companies Lllp who had been investing in Synchrony Financial for a number of months, seems to be bullish on the $31.10B market cap company. The stock increased 0.86% or $0.34 during the last trading session, reaching $39.74. About 4.69 million shares traded. Synchrony Financial (NYSE:SYF) has declined 10.35% since January 7, 2017 and is downtrending. It has underperformed by 27.05% the S&P500.

Jones Financial Companies Lllp, which manages about $36.76 billion US Long portfolio, decreased its stake in Illinois Tool Wks Inc (NYSE:ITW) by 2,617 shares to 29,254 shares, valued at $4.33 million in 2017Q3, according to the filing. It also reduced its holding in Spdr S&P Dividend (SDY) by 19,842 shares in the quarter, leaving it with 911,133 shares, and cut its stake in Fmc Corp (NYSE:FMC).

Among 29 analysts covering Synchrony Financial (NYSE:SYF), 21 have Buy rating, 0 Sell and 8 Hold. Therefore 72% are positive. Synchrony Financial had 65 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Monday, September 18 by Jefferies. The rating was downgraded by BMO Capital Markets on Wednesday, September 16 to “Market Perform”. The firm has “Buy” rating given on Friday, October 20 by Jefferies. The firm has “Buy” rating by BMO Capital Markets given on Friday, July 21. The company was maintained on Monday, October 23 by Morgan Stanley. The rating was initiated by Macquarie Research on Wednesday, May 11 with “Neutral”. The firm has “Buy” rating by Nomura given on Tuesday, October 20. The stock of Synchrony Financial (NYSE:SYF) earned “Market Perform” rating by IBC on Wednesday, April 12. BMO Capital Markets maintained Synchrony Financial (NYSE:SYF) rating on Wednesday, April 12. BMO Capital Markets has “Buy” rating and $38 target. The firm has “Hold” rating given on Tuesday, October 10 by Wells Fargo.

Neumeier Poma Investment Counsel Llc, which manages about $475.08 million and $956.70 million US Long portfolio, decreased its stake in Jack Henry & Associates Inc. (NASDAQ:JKHY) by 4,785 shares to 313,705 shares, valued at $32.25 million in 2017Q3, according to the filing. It also reduced its holding in Thor Industries Inc. (NYSE:THO) by 5,235 shares in the quarter, leaving it with 193,705 shares, and cut its stake in Lgi Homes Inc. (NASDAQ:LGIH).

Among 14 analysts covering Steven Madden (NASDAQ:SHOO), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Steven Madden had 41 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 20. The firm has “Hold” rating by Jefferies given on Tuesday, October 31. The rating was upgraded by Telsey Advisory Group on Thursday, October 1 to “Outperform”. The company was maintained on Wednesday, August 2 by Canaccord Genuity. The firm earned “Buy” rating on Tuesday, December 19 by Wedbush. The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Hold” rating by Jefferies on Wednesday, June 14. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, August 9. The firm earned “Buy” rating on Monday, August 24 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Monday, June 5. The firm has “Hold” rating by Jefferies given on Tuesday, January 3.

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