Intel (INTC) Stock Price Rose While Dynamic Advisors Solutions Lifted Holding; As Cenovus Energy (CVE) Share Price Declined, 1832 Asset Management LP Has Trimmed Its Stake by $68.67 Million

May 27, 2018 - By Michael Collier

Cenovus Energy Inc. (NYSE:CVE) Logo

Dynamic Advisors Solutions Llc increased its stake in Intel Corp (INTC) by 133.8% based on its latest 2017Q4 regulatory filing with the SEC. Dynamic Advisors Solutions Llc bought 43,542 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 76,085 shares of the semiconductors company at the end of 2017Q4, valued at $3.51M, up from 32,543 at the end of the previous reported quarter. Dynamic Advisors Solutions Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $258.35B market cap company. The stock increased 1.26% or $0.69 during the last trading session, reaching $55.44. About 16.42M shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since May 27, 2017 and is uptrending. It has outperformed by 33.10% the S&P500.

1832 Asset Management Lp decreased its stake in Cenovus Energy Inc (CVE) by 77.3% based on its latest 2017Q4 regulatory filing with the SEC. 1832 Asset Management Lp sold 7.63M shares as the company’s stock declined 6.72% with the market. The institutional investor held 2.24M shares of the oil & gas production company at the end of 2017Q4, valued at $20.46M, down from 9.87M at the end of the previous reported quarter. 1832 Asset Management Lp who had been investing in Cenovus Energy Inc for a number of months, seems to be less bullish one the $12.68 billion market cap company. The stock decreased 4.61% or $0.5 during the last trading session, reaching $10.35. About 3.72 million shares traded. Cenovus Energy Inc. (NYSE:CVE) has declined 35.61% since May 27, 2017 and is downtrending. It has underperformed by 47.16% the S&P500.

Dynamic Advisors Solutions Llc, which manages about $305.19M US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 72,687 shares to 94,083 shares, valued at $1.64 million in 2017Q4, according to the filing. It also reduced its holding in Proshares Tr (PSQ) by 59,585 shares in the quarter, leaving it with 38,657 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

Among 55 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 3 Sell and 16 Hold. Therefore 65% are positive. Intel Corporation had 264 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Tigress Financial given on Monday, October 26. Credit Suisse maintained Intel Corporation (NASDAQ:INTC) on Friday, October 27 with “Hold” rating. The rating was maintained by Pacific Crest with “Overweight” on Thursday, July 21. The stock of Intel Corporation (NASDAQ:INTC) has “Hold” rating given on Wednesday, July 12 by Oppenheimer. The stock has “Hold” rating by Northland Capital on Wednesday, June 21. The firm earned “Buy” rating on Monday, July 31 by Wells Fargo. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by UBS on Friday, January 15. Stifel Nicolaus maintained it with “Buy” rating and $37 target in Monday, January 18 report. The firm has “Hold” rating by Canaccord Genuity given on Friday, February 10. As per Monday, March 12, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.01, from 1.03 in 2017Q3. It dropped, as 60 investors sold INTC shares while 703 reduced holdings. 177 funds opened positions while 601 raised stakes. 3.06 billion shares or 0.43% more from 3.05 billion shares in 2017Q3 were reported. Signaturefd Ltd Llc holds 34,026 shares or 0.19% of its portfolio. Metropolitan Life Ins New York holds 0.44% or 718,556 shares in its portfolio. Highland Cap Mngmt Limited Liability Company holds 0.86% or 244,638 shares. 8,266 are owned by Amer Asset Management. Nomura Asset Mngmt holds 1.22% or 2.28M shares. Massachusetts-based Btim Corp has invested 0.11% in Intel Corporation (NASDAQ:INTC). 155,629 are held by Private Cap Advisors Incorporated. Spinnaker Tru has invested 0.52% in Intel Corporation (NASDAQ:INTC). Massachusetts-based Ballentine Prtnrs Limited Liability Corp has invested 0.08% in Intel Corporation (NASDAQ:INTC). Janney Montgomery Scott Ltd owns 1.34M shares for 0.64% of their portfolio. Goodman Financial Corp owns 2,200 shares. Biondo Investment Advsrs Ltd invested in 1.24% or 105,356 shares. Bedell Frazier Counseling Ltd accumulated 143,085 shares or 2.46% of the stock. Moreover, Woodley Farra Manion Port Mgmt Incorporated has 0.67% invested in Intel Corporation (NASDAQ:INTC) for 131,562 shares. 105,395 are owned by Brown Brothers Harriman &.

Since January 22, 2018, it had 0 insider purchases, and 21 sales for $11.14 million activity. $80,974 worth of stock was sold by Shenoy Navin on Thursday, January 25. Krzanich Brian M also sold $427,757 worth of Intel Corporation (NASDAQ:INTC) on Thursday, January 25. RENDUCHINTALA VENKATA S M had sold 1,502 shares worth $66,959. 35,693 Intel Corporation (NASDAQ:INTC) shares with value of $1.89 million were sold by BRYANT ANDY D. Shares for $1.33M were sold by YOFFIE DAVID B on Tuesday, May 8. The insider HUNDT REED E sold $1.07M.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Qualcomm’s Exit Is Intel’s Gain” on May 09, 2018, also Seekingalpha.com with their article: “Intel Delivers” published on May 21, 2018, Seekingalpha.com published: “Intel: The Epyc Struggle Continues” on May 01, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “3 Reasons Micron Technology, Inc. Stock Still Has More Room to Grow” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Intel’s Dividend Strength Remains On Display” with publication date: May 13, 2018.

Analysts await Cenovus Energy Inc. (NYSE:CVE) to report earnings on July, 26. They expect $-0.03 EPS, down 111.11% or $0.30 from last year’s $0.27 per share. After $-0.48 actual EPS reported by Cenovus Energy Inc. for the previous quarter, Wall Street now forecasts -93.75% EPS growth.

1832 Asset Management Lp, which manages about $36.47B and $30.77 billion US Long portfolio, upped its stake in Shire Plc (NASDAQ:SHPG) by 23,100 shares to 317,899 shares, valued at $49.08 million in 2017Q4, according to the filing. It also increased its holding in Wells Fargo Co New (NYSE:WFC) by 486,682 shares in the quarter, for a total of 1.98 million shares, and has risen its stake in Juno Therapeutics Inc (NASDAQ:JUNO).

Among 17 analysts covering Cenovus Energy Inc (NYSE:CVE), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Cenovus Energy Inc had 31 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research downgraded Cenovus Energy Inc. (NYSE:CVE) on Tuesday, January 24 to “Underperform” rating. The stock of Cenovus Energy Inc. (NYSE:CVE) earned “Sell” rating by Goldman Sachs on Monday, January 23. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, May 23. On Thursday, January 21 the stock rating was upgraded by Nomura to “Neutral”. Bank of America maintained the shares of CVE in report on Thursday, April 5 with “Neutral” rating. The firm has “Conviction Buy” rating given on Friday, March 11 by Goldman Sachs. The firm has “Equal-Weight” rating given on Monday, April 16 by Morgan Stanley. Canaccord Genuity upgraded the stock to “Buy” rating in Wednesday, June 21 report. Macquarie Research upgraded the stock to “Neutral” rating in Thursday, March 30 report. The stock of Cenovus Energy Inc. (NYSE:CVE) has “Neutral” rating given on Tuesday, January 26 by UBS.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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