Dalton Greiner Hartman Maher & Co Cut Holding in Cutera Com (CUTR) as Stock Price Rose; As Prosperity Bancshares (R) (PB) Share Value Declined, Champlain Investment Partners Has Increased Stake

May 15, 2018 - By Darrin Black

Cutera, Inc. (NASDAQ:CUTR) Logo

Dalton Greiner Hartman Maher & Co decreased its stake in Cutera Inc Com (CUTR) by 42.44% based on its latest 2017Q4 regulatory filing with the SEC. Dalton Greiner Hartman Maher & Co sold 32,398 shares as the company’s stock rose 8.66% while stock markets declined. The institutional investor held 43,942 shares of the health care company at the end of 2017Q4, valued at $1.99 million, down from 76,340 at the end of the previous reported quarter. Dalton Greiner Hartman Maher & Co who had been investing in Cutera Inc Com for a number of months, seems to be less bullish one the $510.61 million market cap company. It closed at $37.45 lastly. It is up 147.90% since May 15, 2017 and is uptrending. It has outperformed by 136.35% the S&P500.

Champlain Investment Partners Llc increased its stake in Prosperity Bancshares Inc.(R) (PB) by 2.06% based on its latest 2017Q4 regulatory filing with the SEC. Champlain Investment Partners Llc bought 38,115 shares as the company’s stock declined 0.68% with the market. The institutional investor held 1.89M shares of the finance company at the end of 2017Q4, valued at $132.58M, up from 1.85M at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in Prosperity Bancshares Inc.(R) for a number of months, seems to be bullish on the $5.21B market cap company. The stock decreased 1.51% or $1.14 during the last trading session, reaching $74.54. About 421,121 shares traded. Prosperity Bancshares, Inc. (NYSE:PB) has risen 5.31% since May 15, 2017 and is uptrending. It has underperformed by 6.24% the S&P500.

Champlain Investment Partners Llc, which manages about $6.04B and $8.84B US Long portfolio, decreased its stake in Omnicell Inc. (NASDAQ:OMCL) by 13,290 shares to 1.46M shares, valued at $70.76 million in 2017Q4, according to the filing. It also reduced its holding in Gorman (NYSEMKT:GRC) by 277,540 shares in the quarter, leaving it with 258,975 shares, and cut its stake in Nic Inc. (NASDAQ:EGOV).

Among 22 analysts covering Prosperity Bancshares (NYSE:PB), 4 have Buy rating, 5 Sell and 13 Hold. Therefore 18% are positive. Prosperity Bancshares had 62 analyst reports since July 28, 2015 according to SRatingsIntel. The company was initiated on Tuesday, January 5 by JP Morgan. The stock has “Neutral” rating by DA Davidson on Thursday, April 26. SunTrust maintained Prosperity Bancshares, Inc. (NYSE:PB) on Tuesday, November 28 with “Buy” rating. The company was maintained on Thursday, September 28 by SunTrust. The firm has “Hold” rating given on Friday, May 4 by Deutsche Bank. The company was maintained on Thursday, January 25 by Sandler O’Neill. The firm has “Underperform” rating given on Thursday, November 17 by Wedbush. The firm has “Outperform” rating given on Thursday, January 28 by Keefe Bruyette & Woods. The rating was maintained by Barclays Capital with “Overweight” on Thursday, April 26. The stock of Prosperity Bancshares, Inc. (NYSE:PB) earned “Hold” rating by Robert W. Baird on Wednesday, January 24.

More recent Prosperity Bancshares, Inc. (NYSE:PB) news were published by: Bizjournals.com which released: “Prominent Houston bank board member sells $3.7M in stock” on May 10, 2018. Also Globenewswire.com published the news titled: “Investor Expectations to Drive Momentum within Banc of California, Alarm, Consolidated Edison, Summit Midstream …” on April 23, 2018. Bizjournals.com‘s news article titled: “BancorpSouth to acquire Houston bank in cash-and-stock deal” with publication date: April 19, 2018 was also an interesting one.

More recent Cutera, Inc. (NASDAQ:CUTR) news were published by: Nasdaq.com which released: “Mid-Day Market Update: Crude Oil Up Over 3%; Extreme Networks Shares Plummet” on May 09, 2018. Also Globenewswire.com published the news titled: “Research Report Identifies Rockwell Medical, Peoples, Cutera, Barrett Business Services, Cray, and Hawkins with …” on May 01, 2018. Seekingalpha.com‘s news article titled: “Cutera’s Plunge Doesn’t Look Like A Buying Opportunity” with publication date: May 10, 2018 was also an interesting one.

Analysts await Cutera, Inc. (NASDAQ:CUTR) to report earnings on August, 6. They expect $0.15 earnings per share, up 15.38% or $0.02 from last year’s $0.13 per share. CUTR’s profit will be $2.05 million for 62.42 P/E if the $0.15 EPS becomes a reality. After $-0.15 actual earnings per share reported by Cutera, Inc. for the previous quarter, Wall Street now forecasts -200.00% EPS growth.

Dalton Greiner Hartman Maher & Co, which manages about $1.89B and $1.91 billion US Long portfolio, upped its stake in Ttm Technologies Inc Com (NASDAQ:TTMI) by 119,260 shares to 1.20 million shares, valued at $18.82 million in 2017Q4, according to the filing. It also increased its holding in Cabot Oil & Gas Corp Com (NYSE:COG) by 109,761 shares in the quarter, for a total of 747,081 shares, and has risen its stake in Wpx Energy Inc Com (NYSE:WPX).

Since December 12, 2017, it had 4 insider purchases, and 4 insider sales for $632,978 activity. 5,450 shares were bought by Barrett Gregory A, worth $201,514. FINNEY ELISHA W bought $71,200 worth of stock or 2,000 shares. APFELBERG DAVID B had sold 1,000 shares worth $47,400. $467,000 worth of Cutera, Inc. (NASDAQ:CUTR) was sold by Pardos Miguel on Tuesday, December 12. Another trade for 5,843 shares valued at $264,980 was made by Laber Larry on Tuesday, January 2.

Among 5 analysts covering Cutera (NASDAQ:CUTR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Cutera had 10 analyst reports since January 4, 2017 according to SRatingsIntel. The stock of Cutera, Inc. (NASDAQ:CUTR) has “Buy” rating given on Tuesday, September 12 by Roth Capital. The rating was maintained by Gabelli with “Buy” on Wednesday, August 9. The stock has “Buy” rating by Maxim Group on Tuesday, August 8. The firm has “Buy” rating given on Tuesday, June 27 by Gabelli. The company was maintained on Thursday, July 13 by Maxim Group. Maxim Group maintained the shares of CUTR in report on Wednesday, January 4 with “Buy” rating. The firm has “Buy” rating by Roth Capital given on Tuesday, August 8.

Investors sentiment increased to 1.51 in Q4 2017. Its up 0.38, from 1.13 in 2017Q3. It is positive, as 15 investors sold CUTR shares while 46 reduced holdings. 48 funds opened positions while 44 raised stakes. 12.51 million shares or 9.74% more from 11.40 million shares in 2017Q3 were reported. Greenwood Cap Lc accumulated 4,680 shares. Boothbay Fund Ltd Liability Co holds 0.07% or 10,400 shares. Mason Street Advsr Ltd Liability Corp holds 3,604 shares or 0% of its portfolio. Strs Ohio accumulated 86,500 shares or 0.02% of the stock. Aqr Management Llc has invested 0.01% in Cutera, Inc. (NASDAQ:CUTR). Gmt holds 0.02% or 16,800 shares. Massachusetts-based Acadian Asset Mngmt Limited Liability Corporation has invested 0.06% in Cutera, Inc. (NASDAQ:CUTR). Bogle Lp De has invested 0.62% in Cutera, Inc. (NASDAQ:CUTR). State Board Of Administration Of Florida Retirement System reported 14,543 shares stake. Deutsche Bancorp Ag, Germany-based fund reported 67,530 shares. Us National Bank & Trust De invested in 501 shares or 0% of the stock. 5,267 were reported by D E Shaw Inc. Bessemer Group Incorporated owns 19,800 shares for 0% of their portfolio. Tiaa Cref Mngmt Ltd Liability Corporation holds 124,778 shares. Edge Wealth Mngmt accumulated 200 shares or 0% of the stock.

Cutera, Inc. (NASDAQ:CUTR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>