Main Street Capital (MAIN) Position Maintained by Wellington Shields Capital Management Llc; As Central Pac Finl (CPF) Share Price Declined, Boston Partners Has Upped by $1.08 Million Its Position

January 7, 2018 - By Marguerite Chambers

Boston Partners increased its stake in Central Pac Finl Corp (CPF) by 6.95% based on its latest 2017Q3 regulatory filing with the SEC. Boston Partners bought 33,820 shares as the company’s stock declined 5.71% while stock markets rallied. The institutional investor held 520,715 shares of the major banks company at the end of 2017Q3, valued at $16.76M, up from 486,895 at the end of the previous reported quarter. Boston Partners who had been investing in Central Pac Finl Corp for a number of months, seems to be bullish on the $901.42 million market cap company. The stock increased 0.91% or $0.27 during the last trading session, reaching $29.92. About 91,236 shares traded. Central Pacific Financial Corp. (NYSE:CPF) has risen 31.86% since January 7, 2017 and is uptrending. It has outperformed by 15.16% the S&P500.

Wellington Shields Capital Management Llc increased its stake in Main Street Capital Corp (MAIN) by 72.05% based on its latest 2017Q3 regulatory filing with the SEC. Wellington Shields Capital Management Llc bought 25,000 shares as the company’s stock rose 2.44% with the market. The institutional investor held 59,700 shares of the company at the end of 2017Q3, valued at $2.37M, up from 34,700 at the end of the previous reported quarter. Wellington Shields Capital Management Llc who had been investing in Main Street Capital Corp for a number of months, seems to be bullish on the $2.29 billion market cap company. The stock decreased 0.58% or $0.23 during the last trading session, reaching $39.38. About 332,545 shares traded or 62.03% up from the average. Main Street Capital Corporation (NYSE:MAIN) has risen 23.33% since January 7, 2017 and is uptrending. It has outperformed by 6.63% the S&P500.

Wellington Shields Capital Management Llc, which manages about $901.02M and $753.65M US Long portfolio, decreased its stake in Cisco Systems (NASDAQ:CSCO) by 18,500 shares to 24,070 shares, valued at $809,000 in 2017Q3, according to the filing. It also reduced its holding in Crown Castle International Cor (NYSE:CCI) by 6,350 shares in the quarter, leaving it with 11,505 shares, and cut its stake in Hanesbrands Inc (NYSE:HBI).

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.10, from 1.23 in 2017Q2. It is positive, as 16 investors sold MAIN shares while 39 reduced holdings. 20 funds opened positions while 53 raised stakes. 14.20 million shares or 7.23% more from 13.24 million shares in 2017Q2 were reported. Muzinich Company invested in 8.89% or 2.26 million shares. Hl Fin Llc holds 0.02% or 31,291 shares. Hightower Limited Liability Corp owns 102,495 shares. Tower Ltd Liability Co (Trc) holds 0% or 51 shares in its portfolio. California Public Employees Retirement owns 122,673 shares. Baystate Wealth Mngmt Ltd Liability Company reported 350 shares. 6,259 were accumulated by Avalon Limited Co. Bancorporation Of America De accumulated 0% or 23,434 shares. Northern Corp has invested 0% in Main Street Capital Corporation (NYSE:MAIN). Raymond James & Associates holds 160,190 shares or 0.01% of its portfolio. Focused Wealth Mgmt Incorporated has invested 0.25% of its portfolio in Main Street Capital Corporation (NYSE:MAIN). Invesco Limited holds 253,946 shares. Bessemer Grp accumulated 25 shares. M&T Bancorp Corporation invested in 0.1% or 470,617 shares. Raymond James Financial Svcs Advisors stated it has 0.01% of its portfolio in Main Street Capital Corporation (NYSE:MAIN).

Among 7 analysts covering Street Capital Group (NYSE:MAIN), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Street Capital Group had 17 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Hold” rating by Raymond James on Tuesday, November 7. The stock of Main Street Capital Corporation (NYSE:MAIN) earned “Buy” rating by RBC Capital Markets on Sunday, November 5. National Securities downgraded the stock to “Sell” rating in Tuesday, December 13 report. The firm earned “Outperform” rating on Tuesday, September 22 by RBC Capital Markets. FBR Capital downgraded the shares of MAIN in report on Friday, January 20 to “Mkt Perform” rating. RBC Capital Markets maintained it with “Outperform” rating and $35 target in Thursday, August 11 report. Raymond James downgraded the shares of MAIN in report on Thursday, May 11 to “Underperform” rating. The stock has “Buy” rating by RBC Capital Markets on Friday, August 4. As per Friday, November 3, the company rating was maintained by Robert W. Baird. On Wednesday, April 27 the stock rating was reinitiated by Janney Capital with “Neutral”.

Among 5 analysts covering Central Pacific Financial Corp. (NYSE:CPF), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Central Pacific Financial Corp. had 9 analyst reports since August 10, 2015 according to SRatingsIntel. The company was upgraded on Monday, September 21 by Sandler O’Neill. The rating was maintained by Sandler O’Neill with “Buy” on Thursday, January 4. The firm earned “Neutral” rating on Friday, July 8 by Piper Jaffray. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was downgraded on Friday, December 16 by Raymond James. The stock of Central Pacific Financial Corp. (NYSE:CPF) has “Neutral” rating given on Thursday, August 11 by Compass Point. The firm earned “Hold” rating on Monday, August 10 by Zacks. The company was maintained on Tuesday, August 2 by Raymond James. The stock has “Buy” rating by Compass Point on Thursday, January 26.

Boston Partners, which manages about $53.18 billion and $80.93 billion US Long portfolio, decreased its stake in Dawson Geophysical Co New (TGE) by 158,325 shares to 261,002 shares, valued at $1.18M in 2017Q3, according to the filing. It also reduced its holding in Broadcom Ltd by 1,597 shares in the quarter, leaving it with 246,185 shares, and cut its stake in Credicorp Ltd (NYSE:BAP).

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.08, from 0.89 in 2017Q2. It is positive, as 12 investors sold CPF shares while 49 reduced holdings. 14 funds opened positions while 45 raised stakes. 27.28 million shares or 0.61% less from 27.45 million shares in 2017Q2 were reported. Meeder Asset Management reported 0.01% in Central Pacific Financial Corp. (NYSE:CPF). Jpmorgan Chase Com holds 0.01% of its portfolio in Central Pacific Financial Corp. (NYSE:CPF) for 1.17M shares. Comerica Natl Bank has 0.01% invested in Central Pacific Financial Corp. (NYSE:CPF). Moreover, Citigroup has 0% invested in Central Pacific Financial Corp. (NYSE:CPF) for 26,653 shares. Tower Research Capital Lc (Trc) holds 0.01% in Central Pacific Financial Corp. (NYSE:CPF) or 4,121 shares. State Street reported 1.03M shares stake. Amer Century Companies Inc reported 0% stake. Solaris Asset Management Limited Liability Com, New York-based fund reported 6,225 shares. Strs Ohio has 0% invested in Central Pacific Financial Corp. (NYSE:CPF) for 26,700 shares. Sector Pension Investment Board has 0% invested in Central Pacific Financial Corp. (NYSE:CPF) for 19,505 shares. Pub Employees Retirement Association Of Colorado stated it has 14,185 shares. Ckw Gru stated it has 3,396 shares. Laurion Ltd Partnership stated it has 7,169 shares or 0% of all its holdings. Envestnet Asset Mngmt Incorporated accumulated 3,542 shares. Los Angeles & Equity Rech holds 0% or 13,917 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>