As Integrated Device Technology (Put) (IDTI) Market Value Declined, Parallax Volatility Advisers LP Has Raised Holding by $894,998; Holder Cardinal Capital Management Boosted Sun Life Financial (SLF) Position

January 12, 2018 - By Ellis Scott

Cardinal Capital Management Inc increased its stake in Sun Life Financial Inc. (SLF) by 1.55% based on its latest 2017Q3 regulatory filing with the SEC. Cardinal Capital Management Inc bought 21,606 shares as the company’s stock declined 12.84% while stock markets rallied. The institutional investor held 1.41M shares of the life insurance company at the end of 2017Q3, valued at $56.10 million, up from 1.39 million at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Sun Life Financial Inc. for a number of months, seems to be bullish on the $25.26B market cap company. The stock increased 1.01% or $0.42 during the last trading session, reaching $41.95. About 816,402 shares traded or 121.65% up from the average. Sun Life Financial Inc. (NYSE:SLF) has declined 1.22% since January 12, 2017 and is downtrending. It has underperformed by 17.92% the S&P500.

Parallax Volatility Advisers Lp increased its stake in Integrated Device Technology (Put) (IDTI) by 5965.86% based on its latest 2017Q3 regulatory filing with the SEC. Parallax Volatility Advisers Lp bought 34,423 shares as the company’s stock declined 2.95% while stock markets rallied. The institutional investor held 35,000 shares of the technology company at the end of 2017Q3, valued at $930,000, up from 577 at the end of the previous reported quarter. Parallax Volatility Advisers Lp who had been investing in Integrated Device Technology (Put) for a number of months, seems to be bullish on the $4.29B market cap company. The stock decreased 0.95% or $0.31 during the last trading session, reaching $32.29. About 815,006 shares traded. Integrated Device Technology, Inc. (NASDAQ:IDTI) has risen 12.80% since January 12, 2017 and is uptrending. It has underperformed by 3.90% the S&P500.

Parallax Volatility Advisers Lp, which manages about $4.50B and $60.64B US Long portfolio, decreased its stake in Bp Plc (Call) (NYSE:BP) by 132,000 shares to 70,000 shares, valued at $2.69M in 2017Q3, according to the filing. It also reduced its holding in Powershares Qqq Trust (QQQ) by 1.87 million shares in the quarter, leaving it with 106,677 shares, and cut its stake in Ralph Lauren Corp (Put) (NYSE:RL).

Since August 10, 2017, it had 0 insider purchases, and 3 insider sales for $1.45 million activity. WHITE BRIAN C had sold 8,417 shares worth $273,558 on Thursday, January 4. Shares for $497,708 were sold by MONTANA MARIO on Thursday, August 10.

Among 19 analysts covering Integrated Device (NASDAQ:IDTI), 17 have Buy rating, 2 Sell and 0 Hold. Therefore 89% are positive. Integrated Device had 43 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America on Tuesday, August 1 to “Underperform”. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, October 16. The stock of Integrated Device Technology, Inc. (NASDAQ:IDTI) earned “Buy” rating by Needham on Tuesday, October 31. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, August 31. Barclays Capital maintained it with “Underweight” rating and $28 target in Tuesday, October 31 report. As per Sunday, October 29, the company rating was maintained by Roth Capital. The stock has “Buy” rating by Topeka Capital Markets on Tuesday, February 2. Wedbush upgraded the shares of IDTI in report on Tuesday, February 2 to “Outperform” rating. The company was maintained on Sunday, July 30 by Roth Capital. The rating was initiated by JP Morgan on Thursday, August 18 with “Overweight”.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.03, from 1.08 in 2017Q2. It improved, as 19 investors sold IDTI shares while 79 reduced holdings. 33 funds opened positions while 76 raised stakes. 133.15 million shares or 5.38% more from 126.35 million shares in 2017Q2 were reported. Teachers Retirement Systems Of The State Of Kentucky accumulated 311,528 shares. Wesbanco Bankshares has invested 0.04% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI). Castleark Mngmt Limited Com holds 0.33% or 390,540 shares. The Illinois-based Fortaleza Asset Mngmt Inc has invested 0.43% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Louisiana State Employees Retirement has invested 0.04% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Sg Americas Ltd Co reported 0% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Barclays Public Limited Com reported 0% of its portfolio in Integrated Device Technology, Inc. (NASDAQ:IDTI). Huntington Retail Bank has 0% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 702 shares. Bank Of Montreal Can has invested 0% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Oakworth invested in 0% or 240 shares. State Street owns 4.80 million shares. National Bank Of America De holds 1.80 million shares or 0.01% of its portfolio. Columbia Ptnrs L L C Invest Mgmt has invested 0.04% in Integrated Device Technology, Inc. (NASDAQ:IDTI). Moreover, Guggenheim Capital Ltd Liability Com has 0.02% invested in Integrated Device Technology, Inc. (NASDAQ:IDTI) for 244,238 shares. State Board Of Administration Of Florida Retirement System stated it has 99,904 shares.

Among 11 analysts covering Sun Life Financial Inc. (NYSE:SLF), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Sun Life Financial Inc. had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, November 13. The stock of Sun Life Financial Inc. (NYSE:SLF) has “Neutral” rating given on Wednesday, May 10 by Credit Suisse. RBC Capital Markets upgraded Sun Life Financial Inc. (NYSE:SLF) on Wednesday, June 7 to “Outperform” rating. The company was maintained on Friday, September 11 by RBC Capital Markets. The stock of Sun Life Financial Inc. (NYSE:SLF) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 5. The firm earned “Overweight” rating on Monday, March 7 by Barclays Capital. The firm earned “Hold” rating on Friday, December 23 by Argus Research. Argus Research upgraded Sun Life Financial Inc. (NYSE:SLF) on Wednesday, December 23 to “Buy” rating. The rating was downgraded by RBC Capital Markets on Friday, February 17 to “Sector Perform”. On Thursday, November 5 the stock rating was downgraded by Macquarie Research to “Neutral”.

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

>