Cipher Capital LP Decreased Te Connectivity LTD (TEL) Position By $3.34 Million; Old Line Bancshares (OLBK)’s Sentiment Is 0.92

January 22, 2018 - By Marguerite Chambers

Old Line Bancshares, Inc. operates as the bank holding firm for Old Line Bank that provides banking services and products to small and medium size businesses, entrepreneurs, professionals, consumers, and high net worth clients. The company has market cap of $385.00 million. It accepts a range of deposit products, such as demand, NOW, money market, and savings accounts, as well as certificates of deposit. It has a 24.2 P/E ratio. The firm offers commercial and industrial loans, including lines of credit, revolving credit facilities, accounts receivable financing, term and equipment loans, small business administration loans, standby letters of credit, and unsecured loans; commercial real estate loans; funds for the construction of single family residences, financing to builders for the construction of pre-sold homes, and loans for multi-family housing, as well as home equity and home improvement loans; land acquisition and development loans; and consumer installment loans.

Cipher Capital Lp decreased Te Connectivity Ltd (TEL) stake by 81.32% reported in 2017Q3 SEC filing. Cipher Capital Lp sold 40,249 shares as Te Connectivity Ltd (TEL)’s stock declined 0.72%. The Cipher Capital Lp holds 9,247 shares with $768,000 value, down from 49,496 last quarter. Te Connectivity Ltd now has $35.42 billion valuation. The stock increased 0.76% or $0.76 during the last trading session, reaching $100.73. About 2.10 million shares traded or 33.50% up from the average. TE Connectivity Ltd. (NYSE:TEL) has risen 29.30% since January 22, 2017 and is uptrending. It has outperformed by 12.60% the S&P500.

Analysts await TE Connectivity Ltd. (NYSE:TEL) to report earnings on January, 24. They expect $1.25 EPS, up 8.70% or $0.10 from last year’s $1.15 per share. TEL’s profit will be $439.54 million for 20.15 P/E if the $1.25 EPS becomes a reality. After $1.25 actual EPS reported by TE Connectivity Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity had 37 analyst reports since July 23, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Hold” rating in Wednesday, October 11 report. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, September 25 report. RBC Capital Markets maintained TE Connectivity Ltd. (NYSE:TEL) on Thursday, September 7 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 26. The stock has “Overweight” rating by Morgan Stanley on Thursday, November 2. Goldman Sachs downgraded TE Connectivity Ltd. (NYSE:TEL) on Monday, May 9 to “Neutral” rating. RBC Capital Markets maintained TE Connectivity Ltd. (NYSE:TEL) rating on Friday, January 15. RBC Capital Markets has “Outperform” rating and $65.0 target. Stifel Nicolaus maintained the shares of TEL in report on Thursday, January 18 with “Buy” rating. Wells Fargo initiated the shares of TEL in report on Friday, November 10 with “Outperform” rating. The stock of TE Connectivity Ltd. (NYSE:TEL) earned “Buy” rating by Longbow on Thursday, January 12.

Since August 1, 2017, it had 0 insider purchases, and 7 selling transactions for $55.78 million activity. $4.21 million worth of TE Connectivity Ltd. (NYSE:TEL) was sold by Donahue Joseph B on Thursday, August 3. On Wednesday, August 2 MERKT STEVEN T sold $10.11M worth of TE Connectivity Ltd. (NYSE:TEL) or 126,190 shares. On Monday, October 2 the insider LYNCH THOMAS J sold $10.89M. Another trade for 6,000 shares valued at $481,357 was made by CALASTRI MARIO on Wednesday, August 2.

Cipher Capital Lp increased Logmein Inc (NASDAQ:LOGM) stake by 14,381 shares to 18,703 valued at $2.06M in 2017Q3. It also upped Xpo Logistics Inc (NYSE:XPO) stake by 6,654 shares and now owns 37,834 shares. Gray Television Inc (NYSE:GTN) was raised too.

Investors sentiment increased to 1 in 2017 Q3. Its up 0.03, from 0.97 in 2017Q2. It increased, as 26 investors sold TEL shares while 200 reduced holdings. 61 funds opened positions while 164 raised stakes. 311.89 million shares or 0.86% more from 309.23 million shares in 2017Q2 were reported. Campbell Newman Asset Management has 132,829 shares for 1.97% of their portfolio. Edgepoint Investment Gru stated it has 5.47% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Ahl Limited Liability Partnership invested in 61,266 shares. M&R holds 60 shares. Markston Interest Ltd Liability Corporation holds 0.71% or 83,333 shares in its portfolio. Raymond James Tru Na stated it has 18,988 shares or 0.11% of all its holdings. 389,794 were accumulated by Citigroup. 25,185 were accumulated by Laffer Investments. Reilly Limited Com holds 0% of its portfolio in TE Connectivity Ltd. (NYSE:TEL) for 320 shares. Moreover, State Of New Jersey Common Pension Fund D has 0.06% invested in TE Connectivity Ltd. (NYSE:TEL) for 172,100 shares. 3,100 were reported by Linscomb Williams Inc. Reliance Tru Of Delaware invested 0.43% in TE Connectivity Ltd. (NYSE:TEL). Amp Cap Investors Limited has 0.1% invested in TE Connectivity Ltd. (NYSE:TEL). Da Davidson And Commerce has 57,277 shares for 0.09% of their portfolio. Morgan Stanley reported 0.03% of its portfolio in TE Connectivity Ltd. (NYSE:TEL).

The stock increased 1.38% or $0.42 during the last trading session, reaching $30.88. About 32,700 shares traded or 7.23% up from the average. Old Line Bancshares, Inc. (OLBK) has risen 54.07% since January 22, 2017 and is uptrending. It has outperformed by 37.37% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $104,250 activity.

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