Havens Advisors Trimmed Stake in Nxp Semiconductors Nv (NXPI) by $305,100 as Stock Price Rose; Cameco Com (CCJ) Holding Has Boosted by Muhlenkamp & Co Inc

January 14, 2018 - By Peter Erickson

Muhlenkamp & Co Inc increased its stake in Cameco Corp Com (CCJ) by 43162.9% based on its latest 2017Q3 regulatory filing with the SEC. Muhlenkamp & Co Inc bought 863,258 shares as the company’s stock declined 16.04% while stock markets rallied. The institutional investor held 865,258 shares of the precious metals company at the end of 2017Q3, valued at $8.37 million, up from 2,000 at the end of the previous reported quarter. Muhlenkamp & Co Inc who had been investing in Cameco Corp Com for a number of months, seems to be bullish on the $3.84 billion market cap company. The stock increased 0.61% or $0.06 during the last trading session, reaching $9.86. About 2.88 million shares traded or 21.78% up from the average. Cameco Corporation (NYSE:CCJ) has declined 13.76% since January 14, 2017 and is downtrending. It has underperformed by 30.46% the S&P500.

Nancy Havens decreased its stake in Nxp Semiconductors Nv (NXPI) by 3.29% based on its latest 2017Q3 regulatory filing with the SEC. Havens Advisors Llc sold 2,700 shares as the company’s stock rose 5.22% with the market. The hedge fund run by Nancy Havens held 79,300 shares of the semiconductors company at the end of 2017Q3, valued at $8.97M, down from 82,000 at the end of the previous reported quarter. Havens Advisors Llc who had been investing in Nxp Semiconductors Nv for a number of months, seems to be less bullish one the $40.54 billion market cap company. The stock increased 0.28% or $0.33 during the last trading session, reaching $119.58. About 2.03M shares traded. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since January 14, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Among 6 analysts covering Cameco (NYSE:CCJ), 2 have Buy rating, 2 Sell and 2 Hold. Therefore 33% are positive. Cameco had 13 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, February 14 the stock rating was upgraded by BMO Capital Markets to “Outperform”. RBC Capital Markets maintained it with “Outperform” rating and $24 target in Tuesday, November 3 report. RBC Capital Markets maintained Cameco Corporation (NYSE:CCJ) on Friday, October 20 with “Buy” rating. The firm has “Neutral” rating by Bank of America given on Thursday, July 21. The stock of Cameco Corporation (NYSE:CCJ) has “Underperform” rating given on Tuesday, July 18 by Credit Suisse. The firm earned “Underperform” rating on Friday, June 30 by Bank of America. The firm has “Sector Perform” rating by Scotia Capital given on Thursday, April 7. The rating was downgraded by RBC Capital Markets on Thursday, February 2 to “Sector Perform”. The stock has “Underperform” rating by Bank of America on Wednesday, October 4. The firm has “Market Perform” rating by Cowen & Co given on Thursday, August 6.

Muhlenkamp & Co Inc, which manages about $560.67M and $317.58M US Long portfolio, decreased its stake in Alliance Data Sys Corp Com (NYSE:ADS) by 48,860 shares to 69,782 shares, valued at $15.46 million in 2017Q3, according to the filing. It also reduced its holding in Teva Pharmaceutcl Inds Adr (NYSE:TEVA) by 105,805 shares in the quarter, leaving it with 700 shares, and cut its stake in Celanese Corp (NYSE:CE).

Havens Advisors Llc, which manages about $239.11 million and $148.29 million US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 30,300 shares to 160,300 shares, valued at $16.42M in 2017Q3, according to the filing. It also increased its holding in Brocade Communications Sys Inc (NASDAQ:BRCD) by 151,500 shares in the quarter, for a total of 711,500 shares, and has risen its stake in Akorn Inc (NASDAQ:AKRX).

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on February, 7. They expect $1.61 EPS, down 5.85% or $0.10 from last year’s $1.71 per share. NXPI’s profit will be $545.84 million for 18.57 P/E if the $1.61 EPS becomes a reality. After $1.27 actual EPS reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts 26.77% EPS growth.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 60 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Friday, October 28 by Morgan Stanley. The stock has “Hold” rating by Drexel Hamilton on Thursday, August 3. SunTrust maintained NXP Semiconductors N.V. (NASDAQ:NXPI) on Tuesday, September 1 with “Buy” rating. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Hold” rating by Jefferies on Monday, September 11. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Hold”. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Wednesday, May 31 by Mizuho. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Hold” rating by Canaccord Genuity on Friday, August 25. The firm has “Buy” rating by Needham given on Thursday, September 7. The rating was initiated by Goldman Sachs on Wednesday, February 3 with “Neutral”. The rating was maintained by SunTrust on Wednesday, October 11 with “Hold”.

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