As Care.Com (CRCM) Stock Declined, Foundry Partners Has Lowered Position; Mendon Capital Advisors Increased Suntrust Bks (Put) (STI) Position by $1.76 Million as Stock Rose

May 9, 2018 - By Peter Kolinski

SunTrust Banks, Inc. (NYSE:STI) Logo

Foundry Partners Llc decreased its stake in Care.Com Inc (CRCM) by 34.64% based on its latest 2017Q4 regulatory filing with the SEC. Foundry Partners Llc sold 58,855 shares as the company’s stock declined 9.88% with the market. The institutional investor held 111,038 shares of the consumer services company at the end of 2017Q4, valued at $2.00 million, down from 169,893 at the end of the previous reported quarter. Foundry Partners Llc who had been investing in Care.Com Inc for a number of months, seems to be less bullish one the $557.89M market cap company. The stock decreased 4.18% or $0.79 during the last trading session, reaching $18.13. About 90,219 shares traded. Care.com, Inc. (NYSE:CRCM) has risen 41.48% since May 9, 2017 and is uptrending. It has outperformed by 29.93% the S&P500.

Anton Schutz increased its stake in Suntrust Bks Inc (Put) (STI) by 42.97% based on its latest 2017Q4 regulatory filing with the SEC. Mendon Capital Advisors Corp bought 27,500 shares as the company’s stock rose 1.41% while stock markets declined. The hedge fund run by Anton Schutz held 91,500 shares of the finance company at the end of 2017Q4, valued at $5.91 million, up from 64,000 at the end of the previous reported quarter. Mendon Capital Advisors Corp who had been investing in Suntrust Bks Inc (Put) for a number of months, seems to be bullish on the $31.80B market cap company. The stock increased 0.65% or $0.44 during the last trading session, reaching $67.69. About 255,859 shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 22.73% since May 9, 2017 and is uptrending. It has outperformed by 11.18% the S&P500.

Investors sentiment increased to 3.74 in 2017 Q4. Its up 2.19, from 1.55 in 2017Q3. It increased, as 10 investors sold CRCM shares while 17 reduced holdings. 46 funds opened positions while 55 raised stakes. 38.36 million shares or 94.63% more from 19.71 million shares in 2017Q3 were reported. Art Advisors Lc invested 0.03% of its portfolio in Care.com, Inc. (NYSE:CRCM). Ameritas Inv holds 1,247 shares. Prelude Cap Mngmt Limited Co invested in 0.01% or 4,544 shares. Howland Cap Management Ltd Llc holds 25,000 shares or 0.04% of its portfolio. Barclays Public Ltd Llc invested in 28,427 shares. Tiaa Cref Invest Management Limited Liability Company accumulated 201,484 shares. Bancshares Of Montreal Can reported 18,685 shares. Oberweis Asset Management, Illinois-based fund reported 271,010 shares. Eam Investors Limited accumulated 165,097 shares. Parametric Associates Ltd Liability Corporation accumulated 24,257 shares or 0% of the stock. Los Angeles Mgmt & Equity Rech Incorporated owns 0.01% invested in Care.com, Inc. (NYSE:CRCM) for 90,606 shares. Plante Moran Financial Advsrs Ltd Co holds 0% of its portfolio in Care.com, Inc. (NYSE:CRCM) for 163 shares. D E Shaw & Co invested in 384,199 shares. Penbrook Mgmt Ltd Liability Co holds 1.21% of its portfolio in Care.com, Inc. (NYSE:CRCM) for 74,435 shares. American Intl Group Inc holds 0% of its portfolio in Care.com, Inc. (NYSE:CRCM) for 9,252 shares.

More notable recent Care.com, Inc. (NYSE:CRCM) news were published by: Schaeffersresearch.com which released: “Volatile Trading for Stocks as Suspense Peaks on Iran Deal” on May 08, 2018, also Businesswire.com with their article: “Care.com Announces First Quarter 2018 Financial Results” published on May 08, 2018, Benzinga.com published: “36 Stocks Moving In Tuesday’s Mid-Day Session” on May 08, 2018. More interesting news about Care.com, Inc. (NYSE:CRCM) were released by: Nasdaq.com and their article: “Mid-Afternoon Market Update: Dow Down 125 Points; Impinj Shares Spike Higher” published on May 08, 2018 as well as Businesswire.com‘s news article titled: “Care.com to Participate At Upcoming Investor Conferences” with publication date: May 09, 2018.

Since November 20, 2017, it had 0 insider buys, and 25 sales for $4.33 million activity. Krupinski David sold 10,000 shares worth $153,378. Echenberg Michael also sold $28,197 worth of Care.com, Inc. (NYSE:CRCM) shares. $321,903 worth of Care.com, Inc. (NYSE:CRCM) was sold by Marcelo Sheila Lirio. Musi Diane sold $282,933 worth of stock or 15,000 shares.

Foundry Partners Llc, which manages about $1.13 billion and $2.40 billion US Long portfolio, upped its stake in 1 800 Flowers Com Cl A (NASDAQ:FLWS) by 39,375 shares to 615,120 shares, valued at $6.58M in 2017Q4, according to the filing. It also increased its holding in Enersys (NYSE:ENS) by 5,883 shares in the quarter, for a total of 184,694 shares, and has risen its stake in Cvs Health (NYSE:CVS).

Among 7 analysts covering Care.com (NYSE:CRCM), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Care.com had 17 analyst reports since November 18, 2015 according to SRatingsIntel. Roth Capital maintained Care.com, Inc. (NYSE:CRCM) rating on Monday, October 23. Roth Capital has “Hold” rating and $14.0 target. Roth Capital maintained Care.com, Inc. (NYSE:CRCM) on Friday, November 17 with “Buy” rating. The stock has “Buy” rating by Needham on Thursday, June 30. As per Wednesday, February 28, the company rating was maintained by Stifel Nicolaus. The company was initiated on Wednesday, November 18 by Topeka Capital Markets. Roth Capital maintained it with “Buy” rating and $21.0 target in Tuesday, February 27 report. The firm has “Hold” rating given on Friday, November 3 by Stifel Nicolaus. The stock of Care.com, Inc. (NYSE:CRCM) has “Hold” rating given on Thursday, August 10 by Roth Capital. The rating was maintained by Roth Capital with “Hold” on Thursday, August 3. The company was initiated on Friday, August 5 by Loop Capital.

Among 35 analysts covering Suntrust Banks Inc. (NYSE:STI), 16 have Buy rating, 0 Sell and 19 Hold. Therefore 46% are positive. Suntrust Banks Inc. had 118 analyst reports since July 20, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Tuesday, July 25. The stock of SunTrust Banks, Inc. (NYSE:STI) earned “Buy” rating by Credit Agricole on Wednesday, September 9. Sandler O’Neill upgraded SunTrust Banks, Inc. (NYSE:STI) on Monday, January 23 to “Buy” rating. The company was maintained on Tuesday, October 3 by BMO Capital Markets. Keefe Bruyette & Woods maintained SunTrust Banks, Inc. (NYSE:STI) rating on Wednesday, July 5. Keefe Bruyette & Woods has “Hold” rating and $5800 target. FBR Capital reinitiated SunTrust Banks, Inc. (NYSE:STI) rating on Tuesday, October 11. FBR Capital has “Outperform” rating and $49 target. The rating was upgraded by CLSA on Wednesday, September 9 to “Buy”. The rating was initiated by Guggenheim with “Neutral” on Thursday, October 8. Nomura maintained SunTrust Banks, Inc. (NYSE:STI) rating on Thursday, October 26. Nomura has “Neutral” rating and $64 target. The stock has “Hold” rating by Zacks on Thursday, August 27.

Since January 23, 2018, it had 1 insider purchase, and 4 selling transactions for $994,888 activity. On Friday, May 4 the insider VOORHEES STEVEN C bought $395,760. $525,975 worth of stock was sold by Chancy Mark A on Friday, February 16. Lienhard Jerome T had sold 29,248 shares worth $507,911 on Tuesday, January 23. $255,737 worth of SunTrust Banks, Inc. (NYSE:STI) was sold by Johnson Susan S.

Mendon Capital Advisors Corp, which manages about $171.54 million and $1.05B US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (Put) (SPY) by 131,000 shares to 61,000 shares, valued at $16.28M in 2017Q4, according to the filing. It also reduced its holding in Iberiabank Corp (NASDAQ:IBKC) by 75,000 shares in the quarter, leaving it with 75,000 shares, and cut its stake in Guaranty Bancorp Del (NASDAQ:GBNK).

Care.com, Inc. (NYSE:CRCM) Institutional Positions Chart

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