Riggs Asset Managment Company Holding in Coresite Realty (COR) Has Cut as Market Valuation Rose; Green Dot (GDOT) Stock Value Rose While Timpani Capital Management Has Trimmed Holding

January 14, 2018 - By Adrian Erickson

Timpani Capital Management Llc decreased its stake in Green Dot Corp (GDOT) by 16.46% based on its latest 2017Q3 regulatory filing with the SEC. Timpani Capital Management Llc sold 22,474 shares as the company’s stock rose 33.10% with the market. The institutional investor held 114,083 shares of the consumer services company at the end of 2017Q3, valued at $5.66M, down from 136,557 at the end of the previous reported quarter. Timpani Capital Management Llc who had been investing in Green Dot Corp for a number of months, seems to be less bullish one the $3.05 billion market cap company. The stock increased 0.28% or $0.17 during the last trading session, reaching $61.61. About 159,002 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since January 14, 2017 and is uptrending. It has outperformed by 36.87% the S&P500.

Riggs Asset Managment Company decreased its stake in Coresite Realty (COR) by 30.83% based on its latest 2017Q3 regulatory filing with the SEC. Riggs Asset Managment Company sold 25,584 shares as the company’s stock rose 15.80% with the market. The institutional investor held 57,395 shares of the real estate investment trusts company at the end of 2017Q3, valued at $6.42M, down from 82,979 at the end of the previous reported quarter. Riggs Asset Managment Company who had been investing in Coresite Realty for a number of months, seems to be less bullish one the $5.08B market cap company. The stock decreased 2.79% or $3.03 during the last trading session, reaching $105.67. About 787,591 shares traded or 115.66% up from the average. CoreSite Realty Corporation (NYSE:COR) has risen 35.38% since January 14, 2017 and is uptrending. It has outperformed by 18.68% the S&P500.

Analysts await CoreSite Realty Corporation (NYSE:COR) to report earnings on February, 8. They expect $1.14 earnings per share, up 7.55% or $0.08 from last year’s $1.06 per share. COR’s profit will be $54.80M for 23.17 P/E if the $1.14 EPS becomes a reality. After $1.10 actual earnings per share reported by CoreSite Realty Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Among 20 analysts covering CoreSite Realty (NYSE:COR), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. CoreSite Realty had 52 analyst reports since July 24, 2015 according to SRatingsIntel. The company was initiated on Friday, December 2 by Guggenheim. The stock of CoreSite Realty Corporation (NYSE:COR) has “Sell” rating given on Monday, July 11 by Stifel Nicolaus. On Friday, July 24 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Buy” rating given on Thursday, October 26 by Cowen & Co. As per Thursday, October 12, the company rating was maintained by SunTrust. The firm has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Tuesday, August 1. The stock has “Neutral” rating by Guggenheim on Wednesday, February 8. The stock of CoreSite Realty Corporation (NYSE:COR) has “Buy” rating given on Monday, November 13 by Jefferies. The stock of CoreSite Realty Corporation (NYSE:COR) has “Buy” rating given on Thursday, December 8 by Citigroup.

Riggs Asset Managment Company, which manages about $300.44M and $221.76M US Long portfolio, upped its stake in Cabot Oil & Gas Corp Com (NYSE:COG) by 17,947 shares to 81,646 shares, valued at $2.18 million in 2017Q3, according to the filing.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.14, from 1.21 in 2017Q2. It improved, as 31 investors sold COR shares while 85 reduced holdings. 63 funds opened positions while 94 raised stakes. 32.93 million shares or 0.05% more from 32.91 million shares in 2017Q2 were reported. Voya Inv Management Limited Liability Corp owns 0% invested in CoreSite Realty Corporation (NYSE:COR) for 12,925 shares. Tiaa Cref Mngmt Llc has 141,648 shares. 5,500 were accumulated by Driehaus Cap Management Limited Liability Corporation. Fort Point Capital Prns accumulated 4,267 shares or 0.23% of the stock. Us State Bank De reported 1,599 shares. Comerica Bank reported 81,729 shares. Moreover, Aperio Group Inc Limited has 0.01% invested in CoreSite Realty Corporation (NYSE:COR). Ny State Teachers Retirement reported 89,977 shares stake. Eagle Asset Management Inc, a Florida-based fund reported 66,444 shares. France-based Exane Derivatives has invested 0.12% in CoreSite Realty Corporation (NYSE:COR). Whittier Tru Com Of Nevada Inc stated it has 0.02% in CoreSite Realty Corporation (NYSE:COR). Wells Fargo & Mn has invested 0.06% in CoreSite Realty Corporation (NYSE:COR). Pinnacle Prtn holds 0.04% of its portfolio in CoreSite Realty Corporation (NYSE:COR) for 2,710 shares. Chicago Equity Limited Com stated it has 5,630 shares. Alliancebernstein Limited Partnership accumulated 30,357 shares or 0% of the stock.

Since August 1, 2017, it had 0 insider buys, and 25 insider sales for $12.96 million activity. The insider Streit Steven W sold 7,995 shares worth $375,312. $496,962 worth of Green Dot Corporation (NYSE:GDOT) shares were sold by Archer Kuan. The insider Aldrich Kenneth C sold $398,969. 5,000 shares valued at $229,033 were sold by Shifke Mark L on Monday, August 14. Another trade for 13,000 shares valued at $780,018 was made by Unruh Jess on Tuesday, January 2. Another trade for 7,500 shares valued at $351,911 was sold by Bridgforth-Hodges Glinda.

Among 18 analysts covering Green Dot (NYSE:GDOT), 8 have Buy rating, 0 Sell and 10 Hold. Therefore 44% are positive. Green Dot had 41 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, November 6 with “”. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 9 report. The rating was maintained by Compass Point with “Neutral” on Thursday, February 25. JP Morgan maintained it with “Neutral” rating and $21 target in Friday, August 14 report. The firm has “Neutral” rating by Compass Point given on Wednesday, August 5. The stock has “Buy” rating by Citigroup on Monday, September 18. Citigroup upgraded the shares of GDOT in report on Tuesday, January 17 to “Buy” rating. The stock of Green Dot Corporation (NYSE:GDOT) has “Hold” rating given on Monday, June 26 by Lake Street. The stock has “Hold” rating by Lake Street on Wednesday, October 11. The firm has “Buy” rating by BTIG Research given on Tuesday, February 16.

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.47, from 0.91 in 2017Q2. It improved, as 16 investors sold GDOT shares while 58 reduced holdings. 36 funds opened positions while 66 raised stakes. 39.20 million shares or 6.77% more from 36.72 million shares in 2017Q2 were reported. Pnc Fincl Svcs Group Inc holds 14,592 shares. Wellington Management Gru Ltd Liability Partnership has invested 0% in Green Dot Corporation (NYSE:GDOT). Meeder Asset invested in 0.04% or 6,918 shares. Moreover, Deutsche Bancshares Ag has 0.02% invested in Green Dot Corporation (NYSE:GDOT) for 442,594 shares. Comerica Bancshares holds 62,691 shares. Thompson Siegel Walmsley Limited Liability Company holds 0.15% of its portfolio in Green Dot Corporation (NYSE:GDOT) for 258,219 shares. Bankshares Of Ny Mellon Corporation holds 1.72 million shares. Whittier Of Nevada has invested 0.01% in Green Dot Corporation (NYSE:GDOT). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Green Dot Corporation (NYSE:GDOT). 4,617 are owned by Sg Americas Secs Ltd. 177,998 are owned by Fincl Bank Of Montreal Can. Mason Street Ltd Liability Com holds 0.01% or 11,501 shares. Laurion Mngmt Limited Partnership owns 17,181 shares. Hanseatic Mngmt Services invested in 19 shares or 0% of the stock. Point72 Asia (Hong Kong) Ltd has invested 0.05% of its portfolio in Green Dot Corporation (NYSE:GDOT).

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