As Masco (MAS) Share Value Rose, Btc Capital Management Has Decreased by $1.57 Million Its Stake; Myriad Asset Management LTD Raised Its Position in New Oriental Ed & Tech Grp I (EDU) as Stock Value Rose

November 15, 2017 - By reb123z

Myriad Asset Management Ltd increased its stake in New Oriental Ed & Tech Grp I (EDU) by 221.28% based on its latest 2017Q2 regulatory filing with the SEC. Myriad Asset Management Ltd bought 396,100 shares as the company’s stock rose 45.08% with the market. The institutional investor held 575,100 shares of the consumer services company at the end of 2017Q2, valued at $40.54M, up from 179,000 at the end of the previous reported quarter. Myriad Asset Management Ltd who had been investing in New Oriental Ed & Tech Grp I for a number of months, seems to be bullish on the $13.30B market cap company. The stock decreased 0.60% or $0.51 during the last trading session, reaching $84.1. About shares traded. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) has risen 76.69% since November 15, 2016 and is uptrending. It has outperformed by 59.99% the S&P500.

Btc Capital Management Inc decreased its stake in Masco Corp (MAS) by 25.66% based on its latest 2017Q2 regulatory filing with the SEC. Btc Capital Management Inc sold 41,256 shares as the company’s stock rose 10.38% with the market. The institutional investor held 119,499 shares of the forest products company at the end of 2017Q2, valued at $4.57M, down from 160,755 at the end of the previous reported quarter. Btc Capital Management Inc who had been investing in Masco Corp for a number of months, seems to be less bullish one the $12.28 billion market cap company. The stock increased 0.42% or $0.17 during the last trading session, reaching $39.04. About shares traded. Masco Corp (NYSE:MAS) has risen 18.02% since November 15, 2016 and is uptrending. It has outperformed by 1.32% the S&P500.

Analysts await Masco Corp (NYSE:MAS) to report earnings on February, 8. They expect $0.43 earnings per share, up 30.30% or $0.10 from last year’s $0.33 per share. MAS’s profit will be $135.26 million for 22.70 P/E if the $0.43 EPS becomes a reality. After $0.50 actual earnings per share reported by Masco Corp for the previous quarter, Wall Street now forecasts -14.00% negative EPS growth.

Btc Capital Management Inc, which manages about $2.73 billion and $553.73M US Long portfolio, upped its stake in Mattel Inc (NASDAQ:MAT) by 25,348 shares to 88,205 shares, valued at $1.90M in 2017Q2, according to the filing. It also increased its holding in Vanguard Bd Index Fd Inc (BND) by 84,886 shares in the quarter, for a total of 481,562 shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

Among 22 analysts covering Masco (NYSE:MAS), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Masco had 52 analyst reports since July 28, 2015 according to SRatingsIntel. UBS upgraded Masco Corp (NYSE:MAS) on Friday, January 15 to “Buy” rating. RBC Capital Markets maintained Masco Corp (NYSE:MAS) rating on Monday, July 17. RBC Capital Markets has “Buy” rating and $4300 target. Jefferies maintained the shares of MAS in report on Wednesday, May 31 with “Buy” rating. Citigroup maintained the shares of MAS in report on Wednesday, October 25 with “Neutral” rating. As per Monday, August 28, the company rating was maintained by Robert W. Baird. The stock of Masco Corp (NYSE:MAS) has “Overweight” rating given on Friday, July 28 by Barclays Capital. Robert W. Baird maintained the stock with “Buy” rating in Friday, September 29 report. The stock of Masco Corp (NYSE:MAS) has “Neutral” rating given on Wednesday, October 28 by M Partners. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 28. Evercore upgraded the shares of MAS in report on Monday, January 25 to “Buy” rating.

Investors sentiment increased to 1.06 in 2017 Q2. Its up 0.21, from 0.85 in 2017Q1. It improved, as 43 investors sold MAS shares while 185 reduced holdings. 81 funds opened positions while 160 raised stakes. 275.10 million shares or 0.29% more from 274.32 million shares in 2017Q1 were reported. Lazard Asset Mngmt Llc owns 13,401 shares. Bbva Compass Bancorporation has invested 0.11% of its portfolio in Masco Corp (NYSE:MAS). Jacobs Levy Equity Management Incorporated reported 0.01% stake. Moreover, Tower Cap Ltd Liability (Trc) has 0% invested in Masco Corp (NYSE:MAS). Pioneer Inv Mngmt Inc holds 0.98% of its portfolio in Masco Corp (NYSE:MAS) for 7.86 million shares. 1,610 were accumulated by Washington Tru Fincl Bank. Hillsdale Management Inc holds 0.08% in Masco Corp (NYSE:MAS) or 10,300 shares. Credit Suisse Ag holds 0.02% or 472,652 shares in its portfolio. Benjamin F Edwards & Incorporated has 100 shares for 0% of their portfolio. Fincl Bank Of Nova Scotia, a Ontario – Canada-based fund reported 72,109 shares. Chemical National Bank holds 0.14% or 32,928 shares in its portfolio. State Common Retirement Fund holds 1.01M shares or 0.05% of its portfolio. Pub Employees Retirement Of Ohio holds 141,998 shares. Seabridge Investment Limited Liability Co has invested 0.11% in Masco Corp (NYSE:MAS). Cwm Ltd Liability Corp has 114 shares for 0% of their portfolio.

Since May 18, 2017, it had 0 insider purchases, and 3 insider sales for $3.51 million activity. 4,452 Masco Corp (NYSE:MAS) shares with value of $171,774 were sold by Straber Renee.

More notable recent Masco Corp (NYSE:MAS) news were published by: Prnewswire.com which released: “General Building Materials Stocks on Investors’ Radar — Masco, Summit …” on November 10, 2017, also Businesswire.com with their article: “Masco Corporation Announces Live Webcast of Presentation at Investor …” published on October 26, 2017, Businesswire.com published: “Masco Corporation Reports Third Quarter 2017 Results” on October 24, 2017. More interesting news about Masco Corp (NYSE:MAS) were released by: Businesswire.com and their article: “Masco Corporation Announces Live Webcast of Presentation at Investor …” published on November 02, 2017 as well as Nasdaq.com‘s news article titled: “Masco Corp. Profit Advances 16% In Q3” with publication date: October 24, 2017.

Myriad Asset Management Ltd, which manages about $1.43 billion US Long portfolio, decreased its stake in Melco Resort Entertainment L (NASDAQ:MPEL) by 222,300 shares to 591,000 shares, valued at $13.27 million in 2017Q2, according to the filing. It also reduced its holding in Advanced Micro Devices Inc (Prn) by 28.25 million shares in the quarter, leaving it with 21.50 million shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

More important recent New Oriental Education & Tech Grp (ADR) (NYSE:EDU) news were published by: Fool.com which released: “New Oriental Education & Tech Grp (ADR) Holds the Naysayers at Bay” on January 19, 2017, also Fool.com published article titled: “New Oriental Education: The raw numbers”, Fool.com published: “New Oriental Education & Tech Grp (ADR) Focuses on Long-Term Market Share” on October 26, 2017. More interesting news about New Oriental Education & Tech Grp (ADR) (NYSE:EDU) was released by: Fool.com and their article: “New Oriental Education & Tech Grp (ADR) Has Established Undeniable Momentum” with publication date: July 25, 2017.

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