Highvista Strategies Position in Tower Semiconductor LTD (TSEM) Lowered by $387,000 as Valuation Rose; Exxon Mobil Com (XOM) Market Value Rose While Hedeker Wealth Management Group Has Lifted Its Position

January 14, 2018 - By Nellie Frank

Hedeker Wealth Management Group Llc increased its stake in Exxon Mobil Corporation Com (XOM) by 27.85% based on its latest 2017Q3 regulatory filing with the SEC. Hedeker Wealth Management Group Llc bought 6,093 shares as the company’s stock rose 0.21% with the market. The institutional investor held 27,972 shares of the integrated oil company at the end of 2017Q3, valued at $2.29 million, up from 21,879 at the end of the previous reported quarter. Hedeker Wealth Management Group Llc who had been investing in Exxon Mobil Corporation Com for a number of months, seems to be bullish on the $370.83 billion market cap company. The stock increased 0.68% or $0.59 during the last trading session, reaching $87.52. About 9.83 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since January 14, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Highvista Strategies Llc decreased its stake in Tower Semiconductor Ltd (TSEM) by 10.11% based on its latest 2017Q3 regulatory filing with the SEC. Highvista Strategies Llc sold 12,900 shares as the company’s stock rose 11.63% with the market. The hedge fund held 114,700 shares of the semiconductors company at the end of 2017Q3, valued at $3.53M, down from 127,600 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Tower Semiconductor Ltd for a number of months, seems to be less bullish one the $3.43B market cap company. The stock increased 0.55% or $0.19 during the last trading session, reaching $34.97. About 252,815 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 122.17% since January 14, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.

Since August 4, 2017, it had 0 insider purchases, and 6 insider sales for $5.32 million activity. REINEMUND STEVEN had sold 1,100 shares worth $88,253 on Friday, August 4. The insider Milton Bryan W sold $606,082. Corson Bradley W also sold $1.62M worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, December 11. Wascom Dennis G sold $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) on Friday, December 15. $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Chapman Neil A on Thursday, December 14.

Hedeker Wealth Management Group Llc, which manages about $195.00 million and $113.63 million US Long portfolio, decreased its stake in Mastercard Inc (NYSE:MA) by 4,190 shares to 3,900 shares, valued at $550,000 in 2017Q3, according to the filing. It also reduced its holding in Baidu Inc F (NASDAQ:BIDU) by 2,115 shares in the quarter, leaving it with 1,500 shares, and cut its stake in Fortis Inc F (FRTSF).

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 80 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Wednesday, May 18. The firm earned “Hold” rating on Tuesday, November 21 by Piper Jaffray. The firm earned “Hold” rating on Wednesday, January 10 by BMO Capital Markets. RBC Capital Markets maintained the stock with “Hold” rating in Monday, October 9 report. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, July 27 with “Hold” rating. The firm has “Market Perform” rating given on Wednesday, January 11 by Wells Fargo. On Wednesday, August 12 the stock rating was downgraded by Vetr to “Strong-Buy”. The rating was maintained by Barclays Capital with “Underweight” on Thursday, September 3. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Thursday, July 20 by RBC Capital Markets. The firm earned “Underperform” rating on Wednesday, November 18 by Raymond James.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is without change, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. 8,313 are owned by Tarbox Family Office. Architects stated it has 1,722 shares or 0.26% of all its holdings. Patten Gp holds 1.14% or 378,132 shares. Alabama-based Baltimore has invested 0.28% in Exxon Mobil Corporation (NYSE:XOM). Corecommodity Ltd Liability Corporation holds 0.56% or 7,257 shares. Somerset Grp Limited Liability Company holds 14,179 shares or 1.06% of its portfolio. Old Mutual Customised Solutions (Proprietary) Limited stated it has 1.2% in Exxon Mobil Corporation (NYSE:XOM). Burney has 243,507 shares. State Farm Mutual Automobile Insurance invested in 4.08% or 37.13 million shares. Teachers Annuity Association Of America holds 0.44% in Exxon Mobil Corporation (NYSE:XOM) or 199,400 shares. Invesco Limited accumulated 7.21M shares. Barrow Hanley Mewhinney Strauss Llc owns 16,400 shares. Palo Cap Inc invested in 0.26% or 6,098 shares. Gateway Inv Advisers Ltd Liability Corp stated it has 1.66% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Farr Miller And Washington Ltd Company Dc stated it has 2.06% in Exxon Mobil Corporation (NYSE:XOM).

Analysts await Tower Semiconductor Ltd. (NASDAQ:TSEM) to report earnings on February, 12. They expect $0.56 EPS, up 7.69% or $0.04 from last year’s $0.52 per share. TSEM’s profit will be $54.93 million for 15.61 P/E if the $0.56 EPS becomes a reality. After $0.60 actual EPS reported by Tower Semiconductor Ltd. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Among 7 analysts covering TowerJazz (NASDAQ:TSEM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TowerJazz had 18 analyst reports since August 6, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $35.0 target in Thursday, September 7 report. The stock has “Outperform” rating by Oppenheimer on Tuesday, December 15. On Thursday, August 3 the stock rating was maintained by Needham with “Buy”. The company was maintained on Wednesday, June 21 by Needham. Drexel Hamilton maintained the shares of TSEM in report on Thursday, August 3 with “Buy” rating. Drexel Hamilton initiated the stock with “Buy” rating in Tuesday, October 20 report. The firm has “Buy” rating by Chardan Capital Markets given on Thursday, August 6. The firm has “Buy” rating by Drexel Hamilton given on Tuesday, November 7. The stock has “Outperform” rating by Credit Suisse on Wednesday, November 15. The firm earned “Buy” rating on Wednesday, November 29 by Drexel Hamilton.

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

>