As Veeco Instruments (VECO) Market Value Rose, Holder Eagle Asset Management Has Cut Its Position by $715,932; Discovery Comm C (DISCK) Shareholder Cedar Hill Associates Boosted Holding

April 18, 2018 - By Darrin Black

Veeco Instruments Inc. (NASDAQ:VECO) Logo

Eagle Asset Management Inc decreased its stake in Veeco Instruments Inc (VECO) by 2.15% based on its latest 2017Q4 regulatory filing with the SEC. Eagle Asset Management Inc sold 51,138 shares as the company’s stock rose 15.02% while stock markets declined. The institutional investor held 2.32M shares of the industrial machinery and components company at the end of 2017Q4, valued at $34.51M, down from 2.38M at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Veeco Instruments Inc for a number of months, seems to be less bullish one the $847.02 million market cap company. The stock increased 2.62% or $0.45 during the last trading session, reaching $17.6. About 195,888 shares traded. Veeco Instruments Inc. (NASDAQ:VECO) has declined 42.98% since April 18, 2017 and is downtrending. It has underperformed by 54.53% the S&P500.

Cedar Hill Associates Llc increased its stake in Discovery Comm C (DISCK) by 211.64% based on its latest 2017Q4 regulatory filing with the SEC. Cedar Hill Associates Llc bought 216,490 shares as the company’s stock declined 12.19% with the market. The hedge fund held 318,780 shares of the consumer services company at the end of 2017Q4, valued at $6.75 million, up from 102,290 at the end of the previous reported quarter. Cedar Hill Associates Llc who had been investing in Discovery Comm C for a number of months, seems to be bullish on the $15.52B market cap company. The stock increased 2.19% or $0.47 during the last trading session, reaching $21.96. About 3.90 million shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since April 18, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Eagle Asset Management Inc, which manages about $25.60B and $18.19B US Long portfolio, upped its stake in Pool Corp (NASDAQ:POOL) by 47,474 shares to 1.12 million shares, valued at $144.55M in 2017Q4, according to the filing. It also increased its holding in Deckers Outdoor Corp (NYSE:DECK) by 31,069 shares in the quarter, for a total of 154,958 shares, and has risen its stake in Smith (A.O.) Corp (NYSE:AOS).

Investors sentiment is 1.04 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 28 investors sold VECO shares while 43 reduced holdings. only 27 funds opened positions while 47 raised stakes. 43.70 million shares or 5.49% less from 46.24 million shares in 2017Q3 were reported. Rhumbline Advisers has 0% invested in Veeco Instruments Inc. (NASDAQ:VECO) for 113,874 shares. Barclays Public Limited Co stated it has 8,369 shares or 0% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky invested in 12,702 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,756 shares stake. Guggenheim Cap Ltd Liability Company stated it has 0% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). New York State Common Retirement Fund reported 0.01% in Veeco Instruments Inc. (NASDAQ:VECO). Neuberger Berman Gru Limited Liability Company reported 0.02% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). Bnp Paribas Arbitrage Sa reported 59,966 shares. Goldman Sachs Grp Incorporated stated it has 181,636 shares. Broadview Advsrs Ltd Liability Corporation reported 305,850 shares. Citadel Ltd Liability Corp invested 0% in Veeco Instruments Inc. (NASDAQ:VECO). Envestnet Asset Mgmt has invested 0% in Veeco Instruments Inc. (NASDAQ:VECO). Sei Investments Com stated it has 0% in Veeco Instruments Inc. (NASDAQ:VECO). Natl Bank Of Montreal Can invested in 0% or 5,467 shares. Clearbridge Limited Com has 0.23% invested in Veeco Instruments Inc. (NASDAQ:VECO) for 747,390 shares.

Among 13 analysts covering Veeco Instruments (NASDAQ:VECO), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Veeco Instruments had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Thursday, October 6 with “Overweight”. On Wednesday, October 14 the stock rating was maintained by Deutsche Bank with “Hold”. UBS maintained the stock with “Buy” rating in Thursday, October 6 report. The firm has “Buy” rating given on Friday, February 10 by Bank of America. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, August 18. The company was maintained on Monday, September 12 by Benchmark. The firm has “Overweight” rating given on Friday, May 13 by Pacific Crest. The stock has “Overweight” rating by JP Morgan on Tuesday, June 13. The rating was maintained by Needham with “Buy” on Friday, November 3. The stock of Veeco Instruments Inc. (NASDAQ:VECO) earned “Buy” rating by Benchmark on Wednesday, January 11.

Analysts await Veeco Instruments Inc. (NASDAQ:VECO) to report earnings on May, 7 after the close. They expect $-0.03 EPS, down 200.00% or $0.02 from last year’s $-0.01 per share. After $0.10 actual EPS reported by Veeco Instruments Inc. for the previous quarter, Wall Street now forecasts -130.00% negative EPS growth.

Discovery, Inc. (NASDAQ:DISCK) Institutional Positions Chart

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