Finisar (FNSR) Shareholder Supplemental Annuity Collective Trust Of Nj Raised Holding; Vigilant Capital Management Has Trimmed Dick’s Sporting Goods (DKS) Position by $4.30 Million as Stock Declined

February 12, 2018 - By Ruchi Gupta

Supplemental Annuity Collective Trust Of Nj increased its stake in Finisar Corp (FNSR) by 150% based on its latest 2017Q3 regulatory filing with the SEC. Supplemental Annuity Collective Trust Of Nj bought 30,000 shares as the company’s stock declined 30.13% while stock markets rallied. The institutional investor held 50,000 shares of the semiconductors company at the end of 2017Q3, valued at $1.11M, up from 20,000 at the end of the previous reported quarter. Supplemental Annuity Collective Trust Of Nj who had been investing in Finisar Corp for a number of months, seems to be bullish on the $2.00B market cap company. The stock decreased 0.68% or $0.12 during the last trading session, reaching $17.56. About 1.33 million shares traded. Finisar Corporation (NASDAQ:FNSR) has risen 53.92% since February 12, 2017 and is uptrending. It has outperformed by 37.22% the S&P500.

Vigilant Capital Management Llc decreased its stake in Dick’s Sporting Goods Inc (DKS) by 81.03% based on its latest 2017Q3 regulatory filing with the SEC. Vigilant Capital Management Llc sold 159,290 shares as the company’s stock declined 18.06% while stock markets rallied. The institutional investor held 37,285 shares of the other specialty stores company at the end of 2017Q3, valued at $1.01 million, down from 196,575 at the end of the previous reported quarter. Vigilant Capital Management Llc who had been investing in Dick’s Sporting Goods Inc for a number of months, seems to be less bullish one the $3.45B market cap company. The stock increased 1.94% or $0.61 during the last trading session, reaching $32.09. About 2.42 million shares traded. Dick's Sporting Goods, Inc. (NYSE:DKS) has declined 1.35% since February 12, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.

Since August 15, 2017, it had 0 buys, and 5 sales for $1.24 million activity. 1,692 shares valued at $37,478 were sold by Colyar Mark on Monday, December 18. The insider Adzema Kurt sold $443,554. The insider RAWLS JERRY S sold $541,998. Shares for $58,500 were sold by FERGUSON ROGER C. 6,186 shares were sold by CLARK JOHN H, worth $154,031 on Wednesday, December 13.

Supplemental Annuity Collective Trust Of Nj, which manages about $227.65M US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 2,000 shares to 16,000 shares, valued at $2.62M in 2017Q3, according to the filing. It also reduced its holding in Comcast Corp New (NASDAQ:CMCSA) by 10,000 shares in the quarter, leaving it with 50,000 shares, and cut its stake in Wells Fargo Co New (NYSE:WFC).

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.03, from 1.23 in 2017Q2. It improved, as 47 investors sold FNSR shares while 58 reduced holdings. 46 funds opened positions while 86 raised stakes. 100.50 million shares or 5.91% more from 94.89 million shares in 2017Q2 were reported. Swiss Commercial Bank holds 0% or 184,400 shares. Employees Retirement Sys Of Texas has invested 0.02% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Hussman Strategic Advsrs Inc reported 225,000 shares. Verity Asset Management holds 13,267 shares or 0.24% of its portfolio. Blackrock, a New York-based fund reported 7.49 million shares. Serv Automobile Association holds 0.01% of its portfolio in Finisar Corporation (NASDAQ:FNSR) for 83,300 shares. Thompson Davis And Inc stated it has 0.03% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Icon Advisers Inc stated it has 0.04% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Principal Finance Grp has 20,102 shares for 0% of their portfolio. Vanguard invested in 0.01% or 9.24 million shares. Moreover, Messner & Smith Theme Value Investment Management Ca has 0.03% invested in Finisar Corporation (NASDAQ:FNSR). Parkside Finance Comml Bank And Tru holds 600 shares. Victory Mngmt Inc accumulated 0.07% or 1.50 million shares. Ironwood Invest Mgmt Ltd Liability Company has 32,344 shares for 0.5% of their portfolio. Putnam Ltd Liability reported 187,500 shares.

Among 18 analysts covering Finisar Corporation (NASDAQ:FNSR), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. Finisar Corporation had 74 analyst reports since August 18, 2015 according to SRatingsIntel. The stock of Finisar Corporation (NASDAQ:FNSR) earned “Neutral” rating by B. Riley & Co on Wednesday, November 29. The firm earned “Equalweight” rating on Friday, June 17 by Barclays Capital. Northland Capital maintained the stock with “Buy” rating in Friday, December 8 report. The firm has “Equal-Weight” rating given on Friday, September 8 by Barclays Capital. Barclays Capital downgraded the stock to “Equal-Weight” rating in Friday, January 8 report. The firm has “Buy” rating by Jefferies given on Wednesday, November 1. The rating was upgraded by Needham to “Strong Buy” on Monday, November 28. Northland Capital initiated Finisar Corporation (NASDAQ:FNSR) on Tuesday, August 18 with “Market Perform” rating. William Blair maintained the shares of FNSR in report on Friday, June 16 with “Buy” rating. The firm has “Buy” rating given on Wednesday, March 15 by Jefferies.

Vigilant Capital Management Llc, which manages about $610.61 million and $671.19 million US Long portfolio, upped its stake in Guggenheim Bulletshrs 2019 Corp Bd Etf (BSCJ) by 52,093 shares to 213,260 shares, valued at $4.53M in 2017Q3, according to the filing. It also increased its holding in Nike Inc (NYSE:NKE) by 20,640 shares in the quarter, for a total of 199,823 shares, and has risen its stake in Commerce Bancshares Inc (NASDAQ:CBSH).

Analysts await Dick's Sporting Goods, Inc. (NYSE:DKS) to report earnings on March, 6. They expect $1.17 EPS, down 11.36% or $0.15 from last year’s $1.32 per share. DKS’s profit will be $125.68M for 6.86 P/E if the $1.17 EPS becomes a reality. After $0.30 actual EPS reported by Dick's Sporting Goods, Inc. for the previous quarter, Wall Street now forecasts 290.00% EPS growth.

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