Groesbeck Investment Management Has Boosted Stake in Nvidia Com Com (NVDA) by $551,800; Kamunting Street Capital Management LP Has Upped Its Stake in Hi (HCLP) by $432,000 as Stock Value Declined

January 20, 2018 - By Vivian Currie

Groesbeck Investment Management Corp increased its stake in Nvidia Corp Com Com (NVDA) by 131.91% based on its latest 2017Q3 regulatory filing with the SEC. Groesbeck Investment Management Corp bought 3,100 shares as the company’s stock rose 26.83% with the market. The institutional investor held 5,450 shares of the semiconductors company at the end of 2017Q3, valued at $974,000, up from 2,350 at the end of the previous reported quarter. Groesbeck Investment Management Corp who had been investing in Nvidia Corp Com Com for a number of months, seems to be bullish on the $139.45 billion market cap company. The stock increased 2.53% or $5.67 during the last trading session, reaching $230.11. About 15.23 million shares traded or 13.57% up from the average. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since January 20, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

Allan Teh increased its stake in Hi (HCLP) by 137.14% based on its latest 2017Q3 regulatory filing with the SEC. Kamunting Street Capital Management Lp bought 48,000 shares as the company’s stock declined 29.11% while stock markets rallied. The hedge fund run by Allan Teh held 83,000 shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2017Q3, valued at $789,000, up from 35,000 at the end of the previous reported quarter. Kamunting Street Capital Management Lp who had been investing in Hi for a number of months, seems to be bullish on the $1.12 billion market cap company. The stock increased 2.92% or $0.35 during the last trading session, reaching $12.35. About 2.00M shares traded or 4.92% up from the average. Hi-Crush Partners LP (NYSE:HCLP) has risen 114.79% since January 20, 2017 and is uptrending. It has outperformed by 98.09% the S&P500.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 4 Sell and 15 Hold. Therefore 57% are positive. Nvidia Corporation had 175 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by TH Capital to “Neutral” on Monday, February 6. The company was downgraded on Tuesday, April 4 by Pacific Crest. The rating was maintained by Mizuho with “Buy” on Friday, November 11. Bank of America maintained the stock with “Buy” rating in Sunday, September 17 report. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Hold” rating given on Friday, November 10 by Susquehanna. Loop Capital initiated the shares of NVDA in report on Tuesday, December 13 with “Buy” rating. The stock has “Buy” rating by Canaccord Genuity on Wednesday, July 12. The rating was maintained by RBC Capital Markets on Friday, November 17 with “Buy”. The stock has “Hold” rating by Oppenheimer on Thursday, August 10. As per Wednesday, June 14, the company rating was maintained by Oppenheimer.

Groesbeck Investment Management Corp, which manages about $250.00M and $139.03 million US Long portfolio, decreased its stake in Johnson Controls International Com by 50,582 shares to 15,828 shares, valued at $638,000 in 2017Q3, according to the filing.

Since August 14, 2017, it had 0 buys, and 12 selling transactions for $81.59 million activity. 22,808 shares valued at $4.23 million were sold by Kress Colette on Monday, October 9. Shares for $18.57M were sold by JONES HARVEY C on Thursday, September 21. 50,000 shares valued at $9.48 million were sold by COXE TENCH on Monday, September 18. Shares for $2.64 million were sold by PERRY MARK L on Monday, August 14. The insider STEVENS MARK A sold 80,250 shares worth $15.02M. Shares for $5.11M were sold by SEAWELL A BROOKE on Friday, September 1.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.09, from 1.21 in 2017Q2. It improved, as 45 investors sold NVDA shares while 282 reduced holdings. 127 funds opened positions while 298 raised stakes. 387.15 million shares or 0.29% less from 388.29 million shares in 2017Q2 were reported. Bancorporation Of Hawaii accumulated 4,220 shares or 0.06% of the stock. Nepsis Cap Incorporated accumulated 32,098 shares. Central National Bank holds 2.18% or 49,152 shares. 1,200 are held by Union Bancshares Corp. Bridgeway Management invested 0.15% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Cap Investors has invested 0.05% in NVIDIA Corporation (NASDAQ:NVDA). Rice Hall James Ltd Llc holds 0.09% or 11,354 shares in its portfolio. Fort Washington Advsrs Oh holds 8,458 shares or 0.02% of its portfolio. New England Investment And Retirement Grp reported 0.17% stake. Mastrapasqua Asset Incorporated invested 4.74% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). 1,857 are held by Forte Cap Ltd Liability Adv. Alpine Woods Invsts Ltd Limited Liability Company has 0.03% invested in NVIDIA Corporation (NASDAQ:NVDA). Daiwa Sb Investments Limited stated it has 6,630 shares. Price T Rowe Associate Md reported 0.09% stake. Lord Abbett And Co Limited Company has 0.17% invested in NVIDIA Corporation (NASDAQ:NVDA).

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.78, from 1.66 in 2017Q2. It dropped, as 21 investors sold HCLP shares while 30 reduced holdings. 17 funds opened positions while 28 raised stakes. 37.15 million shares or 16.45% less from 44.46 million shares in 2017Q2 were reported. 15,425 are owned by Next Fincl Grp. Valicenti Advisory Svcs reported 131,425 shares or 0.63% of all its holdings. Sentinel Asset Mgmt Inc reported 0.01% in Hi-Crush Partners LP (NYSE:HCLP). Penn Capital Mngmt holds 0.01% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 16,771 shares. Weiss Multi invested in 180,881 shares. Principal Financial Grp Incorporated reported 28,837 shares. Parallax Volatility Advisers LP has 85,595 shares for 0% of their portfolio. Focused Wealth Mngmt stated it has 0% in Hi-Crush Partners LP (NYSE:HCLP). Westwood Holding Group Inc Inc reported 0% stake. Mcf Advsr Ltd Liability Corp invested 0% in Hi-Crush Partners LP (NYSE:HCLP). Wells Fargo And Communication Mn holds 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 46,827 shares. Deprince Race And Zollo Inc holds 17,000 shares. Kamunting Street Mngmt Limited Partnership accumulated 0.5% or 83,000 shares. Wellington Mngmt Llp stated it has 371,352 shares. Manufacturers Life The holds 2,757 shares or 0% of its portfolio.

Kamunting Street Capital Management Lp, which manages about $1.38B and $158.28 million US Long portfolio, decreased its stake in Vistra Energy Corp by 160,414 shares to 320,281 shares, valued at $5.99 million in 2017Q3, according to the filing.

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