As Platform Specialty Prods Cor (PAH) Stock Declined, Shareholder Kamunting Street Capital Management LP Increased Its Holding; Eagle Bancorp Md (EGBN) Stake Lifted by Profit Investment Management Llc

May 16, 2018 - By Vivian Park

Eagle Bancorp, Inc. (NASDAQ:EGBN) Logo

Profit Investment Management Llc increased its stake in Eagle Bancorp Inc Md (EGBN) by 34.67% based on its latest 2017Q4 regulatory filing with the SEC. Profit Investment Management Llc bought 9,265 shares as the company’s stock rose 3.86% while stock markets declined. The institutional investor held 35,987 shares of the finance company at the end of 2017Q4, valued at $2.08 million, up from 26,722 at the end of the previous reported quarter. Profit Investment Management Llc who had been investing in Eagle Bancorp Inc Md for a number of months, seems to be bullish on the $2.07B market cap company. It closed at $60.45 lastly. It is down 4.67% since May 16, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

Allan Teh increased its stake in Platform Specialty Prods Cor (PAH) by 90.72% based on its latest 2017Q4 regulatory filing with the SEC. Kamunting Street Capital Management Lp bought 130,000 shares as the company’s stock declined 4.35% with the market. The hedge fund run by Allan Teh held 273,291 shares of the major chemicals company at the end of 2017Q4, valued at $2.71M, up from 143,291 at the end of the previous reported quarter. Kamunting Street Capital Management Lp who had been investing in Platform Specialty Prods Cor for a number of months, seems to be bullish on the $3.18B market cap company. The stock increased 0.64% or $0.07 during the last trading session, reaching $11.02. About 1.94M shares traded. Platform Specialty Products Corporation (NYSE:PAH) has declined 24.04% since May 16, 2017 and is downtrending. It has underperformed by 35.59% the S&P500.

Kamunting Street Capital Management Lp, which manages about $1.38 billion and $140.54M US Long portfolio, decreased its stake in Vistra Energy Corp by 83,020 shares to 237,261 shares, valued at $4.35M in 2017Q4, according to the filing. It also reduced its holding in Wells Fargo Co New (NYSE:WFC) by 10,000 shares in the quarter, leaving it with 15,000 shares, and cut its stake in Mercadolibre Inc (Prn).

Since December 13, 2017, it had 3 insider purchases, and 0 insider sales for $4.88 million activity. $39,640 worth of Platform Specialty Products Corporation (NYSE:PAH) was bought by Casanello Diego Lopez. Gliklich Benjamin bought $9,550 worth of stock or 1,000 shares.

Among 10 analysts covering Platform Specialty Products Corporation (NYSE:PAH), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Platform Specialty Products Corporation had 25 analyst reports since August 17, 2015 according to SRatingsIntel. As per Thursday, November 2, the company rating was maintained by SunTrust. The firm has “Buy” rating given on Thursday, November 2 by Roth Capital. The firm earned “Buy” rating on Monday, November 7 by Nomura. On Tuesday, August 16 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Credit Suisse reinitiated the stock with “Neutral” rating in Thursday, December 3 report. The stock of Platform Specialty Products Corporation (NYSE:PAH) has “Equal-Weight” rating given on Wednesday, October 11 by Barclays Capital. The firm earned “Neutral” rating on Wednesday, November 15 by Credit Suisse. The firm has “Buy” rating given on Monday, August 22 by TH Capital. As per Monday, February 6, the company rating was initiated by Goldman Sachs. Credit Suisse reinitiated Platform Specialty Products Corporation (NYSE:PAH) on Monday, May 2 with “Neutral” rating.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.20, from 1.15 in 2017Q3. It improved, as 26 investors sold PAH shares while 53 reduced holdings. 45 funds opened positions while 62 raised stakes. 246.84 million shares or 1.35% more from 243.56 million shares in 2017Q3 were reported. Pecaut has 37,300 shares for 0.27% of their portfolio. Frontfour Grp Limited Liability Corporation holds 0.89% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH) for 330,518 shares. Jpmorgan Chase And invested 0% of its portfolio in Platform Specialty Products Corporation (NYSE:PAH). California State Teachers Retirement Systems accumulated 362,263 shares. James Investment Incorporated has invested 0% in Platform Specialty Products Corporation (NYSE:PAH). Wellington Mgmt Group Limited Liability Partnership owns 0.01% invested in Platform Specialty Products Corporation (NYSE:PAH) for 5.69M shares. Credit Suisse Ag holds 12.09 million shares. Moors And Cabot Inc accumulated 0.15% or 117,300 shares. Geode Lc owns 1.78M shares or 0.01% of their US portfolio. Ancora Advsrs Ltd Liability invested 0.33% in Platform Specialty Products Corporation (NYSE:PAH). Parallax Volatility Advisers LP accumulated 4,312 shares. 199,901 are held by Wexford Cap Limited Partnership. Metropolitan Life Ins Ny holds 11,030 shares. First Tru Lp holds 626,313 shares or 0.01% of its portfolio. France-based Axa has invested 0.03% in Platform Specialty Products Corporation (NYSE:PAH).

More notable recent Platform Specialty Products Corporation (NYSE:PAH) news were published by: Globenewswire.com which released: “Platform Specialty Products Corporation to Present at May Investor Conferences” on May 09, 2018, also Seekingalpha.com with their article: “Platform Specialty Products’ (PAH) CEO Rakesh Sachdev on Q1 2018 Results – Earnings Call Transcript” published on May 06, 2018, Streetinsider.com published: “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” on May 15, 2018. More interesting news about Platform Specialty Products Corporation (NYSE:PAH) were released by: Streetinsider.com and their article: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” with publication date: May 15, 2018.

More important recent Eagle Bancorp, Inc. (NASDAQ:EGBN) news were published by: Bizjournals.com which released: “Exclusive: M&T Bank has a new Greater Washington president” on April 17, 2018, also Businesswire.com published article titled: “Bragar Eagel & Squire, PC is Investigating Eagle Bancorp, Inc. (EGBN) for Possible Breaches of Fiduciary Duty by …”, Digitaljournal.com published: “NASDAQ:EGBN Shareholder Alert: Investigation of Eagle Bancorp, Inc. over Possible Violations of Securities Laws” on April 17, 2018. More interesting news about Eagle Bancorp, Inc. (NASDAQ:EGBN) was released by: Seekingalpha.com and their article: “Eagle Bancorp’s (EGBN) CEO Ron Paul on Q1 2018 Results – Earnings Call Transcript” with publication date: April 19, 2018.

Platform Specialty Products Corporation (NYSE:PAH) Institutional Positions Chart

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