State Of New Jersey Common Pension Fund D Holds Holding in Macom Tech Solutions Hldgs I (MTSI); Raymond James & Associates Lowered Its Alaska Air Group (Call) (ALK) Stake as Valuation Declined

April 15, 2018 - By olga

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Logo

State Of New Jersey Common Pension Fund D increased its stake in Macom Tech Solutions Hldgs I (MTSI) by 7.09% based on its latest 2017Q4 regulatory filing with the SEC. State Of New Jersey Common Pension Fund D bought 50,000 shares as the company’s stock declined 50.63% with the market. The institutional investor held 755,000 shares of the technology company at the end of 2017Q4, valued at $24.57M, up from 705,000 at the end of the previous reported quarter. State Of New Jersey Common Pension Fund D who had been investing in Macom Tech Solutions Hldgs I for a number of months, seems to be bullish on the $1.24B market cap company. The stock increased 1.15% or $0.22 during the last trading session, reaching $19.3. About 580,630 shares traded. MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has declined 63.40% since April 15, 2017 and is downtrending. It has underperformed by 74.95% the S&P500.

Raymond James & Associates decreased its stake in Alaska Air Group Inc (Call) (ALK) by 89.89% based on its latest 2017Q4 regulatory filing with the SEC. Raymond James & Associates sold 174,173 shares as the company’s stock declined 17.22% with the market. The institutional investor held 19,600 shares of the transportation company at the end of 2017Q4, valued at $86,000, down from 193,773 at the end of the previous reported quarter. Raymond James & Associates who had been investing in Alaska Air Group Inc (Call) for a number of months, seems to be less bullish one the $7.89 billion market cap company. The stock increased 6.11% or $3.68 during the last trading session, reaching $63.95. About 4.58M shares traded or 70.58% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 15, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

Among 17 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Alaska Air Group had 82 analyst reports since July 24, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Friday, October 23 report. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Cowen & Co on Monday, September 11. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) rating on Monday, August 7. Cowen & Co has “Buy” rating and $10300 target. Credit Suisse downgraded Alaska Air Group, Inc. (NYSE:ALK) rating on Thursday, January 7. Credit Suisse has “Neutral” rating and $90 target. The company was downgraded on Wednesday, January 10 by Barclays Capital. Raymond James upgraded Alaska Air Group, Inc. (NYSE:ALK) on Wednesday, November 15 to “Strong Buy” rating. Imperial Capital maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, February 10 with “In-Line” rating. Evercore downgraded the shares of ALK in report on Tuesday, October 13 to “Hold” rating. Imperial Capital maintained the shares of ALK in report on Thursday, February 1 with “In-Line” rating. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) rating on Thursday, February 9. Cowen & Co has “Market Perform” rating and $100 target.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.35, from 1.34 in 2017Q3. It is negative, as 68 investors sold ALK shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported. Prudential has 0.03% invested in Alaska Air Group, Inc. (NYSE:ALK). Bb&T Corp reported 0.12% in Alaska Air Group, Inc. (NYSE:ALK). Perigon Wealth Mngmt Lc, a California-based fund reported 190 shares. Robeco Institutional Asset Bv stated it has 0% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Hbk LP holds 22,900 shares or 0.02% of its portfolio. Dreman Value Mngmt L L C has 0.2% invested in Alaska Air Group, Inc. (NYSE:ALK). Glenmede Trust Na holds 840,418 shares. Ameritas Inv Ptnrs reported 2,726 shares. Natl Bank Of America De stated it has 517,167 shares or 0.01% of all its holdings. Loomis Sayles & LP has 111,704 shares. Federated Invsts Inc Pa invested in 0.08% or 398,575 shares. 50,068 are held by Livforsakringsbolaget Skandia Omsesidigt. Nordea Mngmt Ab reported 27,200 shares or 0% of all its holdings. Atria Invs Limited Liability Corp, North Carolina-based fund reported 3,017 shares. Janney Montgomery Scott Lc holds 0.01% in Alaska Air Group, Inc. (NYSE:ALK) or 10,560 shares.

Analysts await Alaska Air Group, Inc. (NYSE:ALK) to report earnings on April, 25. They expect $-0.16 earnings per share, down 115.24% or $1.21 from last year’s $1.05 per share. After $0.83 actual earnings per share reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -119.28% negative EPS growth.

Raymond James & Associates, which manages about $75.99B and $54.42B US Long portfolio, upped its stake in Great Plains Energy Inc (NYSE:GXP) by 832,197 shares to 1.36 million shares, valued at $43.97 million in 2017Q4, according to the filing. It also increased its holding in Smucker J M Co (NYSE:SJM) by 42,314 shares in the quarter, for a total of 180,077 shares, and has risen its stake in Spdr Ser Tr (TWOK).

Since February 16, 2018, it had 0 buys, and 5 selling transactions for $989,848 activity. On Thursday, March 8 the insider BECK GARY L sold $511,780. BERRY CHRISTOPHER MICHAEL had sold 789 shares worth $52,020. PEDERSEN BRANDON sold $175,879 worth of stock or 2,700 shares. 2,350 shares were sold by HARRISON ANDREW R, worth $152,474 on Thursday, March 8.

State Of New Jersey Common Pension Fund D, which manages about $26.40 billion US Long portfolio, decreased its stake in Cvs Health Corp (NYSE:CVS) by 65,000 shares to 584,943 shares, valued at $42.41M in 2017Q4, according to the filing. It also reduced its holding in Unitedhealth Group Inc (NYSE:UNH) by 230,000 shares in the quarter, leaving it with 624,828 shares, and cut its stake in Jbg Smith Pptys.

Among 13 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. M/A-Com Technology Solutions Holdings had 49 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 20 by Zacks. As per Wednesday, August 2, the company rating was maintained by Barclays Capital. As per Wednesday, November 16, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by J.P. Morgan on Wednesday, February 7. The stock of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) has “Overweight” rating given on Friday, March 11 by Barclays Capital. Stifel Nicolaus maintained it with “Hold” rating and $30.0 target in Tuesday, February 6 report. The stock of MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) earned “Hold” rating by Raymond James on Wednesday, November 15. Stifel Nicolaus maintained MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) rating on Thursday, December 3. Stifel Nicolaus has “Buy” rating and $44 target. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 14. The firm has “Buy” rating by Jefferies given on Monday, September 11.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.14, from 1.08 in 2017Q3. It worsened, as 41 investors sold MTSI shares while 43 reduced holdings. 23 funds opened positions while 56 raised stakes. 57.67 million shares or 3.59% more from 55.67 million shares in 2017Q3 were reported. Lord Abbett & reported 1.82 million shares. Wells Fargo And Mn holds 0% or 383,481 shares in its portfolio. Neuberger Berman Gru Limited Co invested in 0.04% or 1.11M shares. Cwm Ltd Liability Company reported 2 shares stake. New York State Common Retirement Fund invested in 44,436 shares. Gp One Trading LP holds 5,249 shares or 0% of its portfolio. Bamco owns 1.49 million shares. Macquarie Grp owns 708,987 shares or 0.04% of their US portfolio. Fred Alger Incorporated owns 120,894 shares or 0.02% of their US portfolio. Jennison Associates Lc holds 0.04% or 1.12M shares in its portfolio. Voya Investment Mgmt Ltd Co reported 0% in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI). Renaissance Techs Limited Liability Company owns 0% invested in MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) for 39,915 shares. Ameriprise Inc reported 7.92 million shares. Swiss State Bank holds 0% or 71,050 shares. 54 were reported by Cornerstone Advisors.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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