Greenwich Wealth Management Trimmed Nvidia (NVDA) Holding as Stock Price Rose; New York Times Co (NYT) Shares Rose While Amg Funds Trimmed Position

January 14, 2018 - By Kurt Siggers

Amg Funds Llc decreased its stake in New York Times Co (NYT) by 13.61% based on its latest 2017Q3 regulatory filing with the SEC. Amg Funds Llc sold 18,790 shares as the company’s stock rose 12.30% with the market. The institutional investor held 119,268 shares of the newspapers and magazines company at the end of 2017Q3, valued at $2.34 million, down from 138,058 at the end of the previous reported quarter. Amg Funds Llc who had been investing in New York Times Co for a number of months, seems to be less bullish one the $3.29 billion market cap company. The stock increased 4.11% or $0.8 during the last trading session, reaching $20.25. About 4.22M shares traded or 168.40% up from the average. The New York Times Company (NYSE:NYT) has risen 46.29% since January 14, 2017 and is uptrending. It has outperformed by 29.59% the S&P500.

Greenwich Wealth Management Llc decreased its stake in Nvidia Corp (NVDA) by 19.77% based on its latest 2017Q3 regulatory filing with the SEC. Greenwich Wealth Management Llc sold 10,965 shares as the company’s stock rose 26.83% with the market. The institutional investor held 44,501 shares of the semiconductors company at the end of 2017Q3, valued at $7.96 million, down from 55,466 at the end of the previous reported quarter. Greenwich Wealth Management Llc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $135.13 billion market cap company. The stock decreased 0.49% or $1.1 during the last trading session, reaching $222.98. About 9.00M shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since January 14, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.

Greenwich Wealth Management Llc, which manages about $1.66 billion and $581.31M US Long portfolio, upped its stake in Gamco Investors Inc (NYSE:GBL) by 11,595 shares to 52,670 shares, valued at $1.57 million in 2017Q3, according to the filing. It also increased its holding in Janus Detroit Str Tr by 13,463 shares in the quarter, for a total of 22,265 shares, and has risen its stake in Spdr Ser Tr (FLRN).

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on February, 8. They expect $1.15 EPS, up 16.16% or $0.16 from last year’s $0.99 per share. NVDA’s profit will be $696.90 million for 48.47 P/E if the $1.15 EPS becomes a reality. After $1.33 actual EPS reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -13.53% negative EPS growth.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.09, from 1.21 in 2017Q2. It is positive, 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. 164 were accumulated by Focused Wealth Mngmt. Philadelphia Trust holds 94,359 shares or 1.39% of its portfolio. Bancorporation Of Nova Scotia, Ontario – Canada-based fund reported 271,380 shares. Bluefin Trading Lc has invested 0.04% in NVIDIA Corporation (NASDAQ:NVDA). Fred Alger Management has invested 0.32% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Equitec Proprietary Markets Limited Liability Corporation has invested 0.02% in NVIDIA Corporation (NASDAQ:NVDA). Meiji Yasuda Life Insur Communication accumulated 13,860 shares or 0.37% of the stock. Chemical Bank holds 0.09% or 4,318 shares in its portfolio. Cap World Investors holds 0.05% or 1.22 million shares in its portfolio. Moreover, Summit Grp Inc Inc Ltd Liability Corp has 0.35% invested in NVIDIA Corporation (NASDAQ:NVDA). Moreover, Putnam Investments Ltd Liability Co has 0.16% invested in NVIDIA Corporation (NASDAQ:NVDA). Apg Asset Nv accumulated 396,139 shares. Texas Permanent School Fund reported 166,278 shares. State Of Wisconsin Investment Board reported 0.41% in NVIDIA Corporation (NASDAQ:NVDA). Boyer & Corporon Wealth Ltd Liability Company stated it has 35,556 shares or 2.66% of all its holdings.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 4 Sell and 15 Hold. Therefore 57% are positive. Nvidia Corporation had 174 analyst reports since August 3, 2015 according to SRatingsIntel. On Tuesday, October 25 the stock rating was maintained by B. Riley & Co with “Buy”. Canaccord Genuity maintained the stock with “Buy” rating in Monday, July 24 report. The firm has “Neutral” rating given on Monday, February 6 by Roth Capital. The stock has “Buy” rating by Bank of America on Friday, November 10. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Canaccord Genuity on Friday, November 10. The firm has “Buy” rating given on Tuesday, November 22 by M Partners. The firm earned “Buy” rating on Tuesday, January 10 by Canaccord Genuity. The stock has “Buy” rating by Loop Capital Markets on Friday, August 11. The company was maintained on Friday, October 27 by RBC Capital Markets. FBR Capital maintained it with “Mkt Perform” rating and $24 target in Friday, August 7 report.

Since August 14, 2017, it had 0 insider purchases, and 12 sales for $81.59 million activity. SEAWELL A BROOKE sold $5.11 million worth of stock or 30,000 shares. 171 shares were sold by Kress Colette, worth $31,732 on Wednesday, December 13. $9.48 million worth of stock was sold by COXE TENCH on Monday, September 18. 110,000 NVIDIA Corporation (NASDAQ:NVDA) shares with value of $18.27M were sold by HUANG JEN HSUN. Shoquist Debora sold $6.34M worth of NVIDIA Corporation (NASDAQ:NVDA) on Tuesday, October 10. $119,427 worth of NVIDIA Corporation (NASDAQ:NVDA) shares were sold by Drell Persis.

Amg Funds Llc, which manages about $40.84 billion and $182.28 million US Long portfolio, upped its stake in Kar Auction Svcs Inc (NYSE:KAR) by 10,398 shares to 36,727 shares, valued at $1.75M in 2017Q3, according to the filing. It also increased its holding in Transmontaigne Partners LP (NYSE:TLP) by 10,801 shares in the quarter, for a total of 32,003 shares, and has risen its stake in Hormel Foods Corp (NYSE:HRL).

Since August 8, 2017, it had 0 insider purchases, and 1 insider sale for $2.62 million activity.

Among 4 analysts covering New York Times (NYSE:NYT), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. New York Times had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, July 27. The stock of The New York Times Company (NYSE:NYT) earned “Sell” rating by Singular Research on Thursday, February 9. As per Monday, June 5, the company rating was maintained by Jefferies. Jefferies maintained The New York Times Company (NYSE:NYT) rating on Monday, October 16. Jefferies has “Hold” rating and $18.0 target. The firm has “Hold” rating given on Monday, September 11 by Jefferies. The stock has “Hold” rating by FBR Capital on Thursday, August 6. TheStreet upgraded The New York Times Company (NYSE:NYT) on Tuesday, August 18 to “Buy” rating. As per Monday, July 10, the company rating was maintained by Jefferies. The company was maintained on Wednesday, July 19 by Barclays Capital.

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