Martin Marietta Materials (MLM) Stock Price Rose While Nomura Holdings Has Upped Holding; Bogle Investment Management LP Has Decreased Its Stake in Comtech Telecommunicat Com New (CMTL) as Stock Rose

June 14, 2018 - By Ellis Scott

Martin Marietta Materials, Inc. (NYSE:MLM) Logo

Bogle Investment Management Lp decreased its stake in Comtech Telecommunicat Com New (CMTL) by 26.56% based on its latest 2018Q1 regulatory filing with the SEC. Bogle Investment Management Lp sold 33,537 shares as the company’s stock rose 34.32% while stock markets declined. The institutional investor held 92,748 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q1, valued at $2.77M, down from 126,285 at the end of the previous reported quarter. Bogle Investment Management Lp who had been investing in Comtech Telecommunicat Com New for a number of months, seems to be less bullish one the $765.06 million market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $32.36. About 91,687 shares traded. Comtech Telecommunications Corp. (NASDAQ:CMTL) has risen 117.16% since June 14, 2017 and is uptrending. It has outperformed by 104.59% the S&P500. Some Historical CMTL News: 22/03/2018 – COMTECH TELECOMMUNICATIONS GETS ORDER FROM SATELLITE OPERATOR; 27/03/2018 – lntertrust and Comtech Telecommunications Corp. Expand Partnership to Create Secure Data Management Platform for Mobile Telcos; 07/03/2018 – Comtech TeleComm Sees 3Q EPS 10c-EPS 12c; 16/04/2018 – Newsday: Comtech Telecommunications receives $58.9M Navy contract; 16/04/2018 – Comtech Telecommunications Corp. Awarded $59.0 M Strategic Contract From U.S. Navy for Next Generation Satellite Earth Station Equipment; 20/04/2018 – DJ Comtech Telecommunications Corp, Inst Holders, 1Q 2018 (CMTL); 05/03/2018 – COMTECH GETS THREE YEAR $123.6M CONTRACT FROM U.S. ARMY; 02/05/2018 – Intrinsic Edge Capital Buys 1.2% Position in Comtech Telecom; 20/03/2018 – Comtech CYBRScore™ Partners with Southern New Hampshire University to Deliver Hands-On Cyber Security Education Solution; 21/05/2018 – Detailed Research: Economic Perspectives on CBL & Associates Properties, Covenant Transportation Group, Mitek, Comtech Telecomm

Nomura Holdings Inc increased its stake in Martin Marietta Materials (MLM) by 301.55% based on its latest 2018Q1 regulatory filing with the SEC. Nomura Holdings Inc bought 12,273 shares as the company’s stock rose 3.09% while stock markets declined. The institutional investor held 16,343 shares of the basic industries company at the end of 2018Q1, valued at $3.44M, up from 4,070 at the end of the previous reported quarter. Nomura Holdings Inc who had been investing in Martin Marietta Materials for a number of months, seems to be bullish on the $14.48 billion market cap company. The stock increased 0.03% or $0.06 during the last trading session, reaching $230.02. About 354,461 shares traded. Martin Marietta Materials, Inc. (NYSE:MLM) has declined 5.15% since June 14, 2017 and is downtrending. It has underperformed by 17.72% the S&P500. Some Historical MLM News: 30/04/2018 – Martin Marietta Reaches Areement With DOJ Resolving All Competition Issues With Respect to Acquisition; 10/05/2018 – MARTIN MARIETTA MATERIALS SAYS NO ONE WAS INJURED IN CITED INCIDENT AT ITS BEDROCK QUARRY IN CENTER POINT, TEXAS – SEC FILING; 08/05/2018 – MARTIN MARIETTA MATERIALS INC SEES 2018 TOTAL REVENUES $4,300 MLN – $4,500 MLN; 17/05/2018 – Martin Marietta Declares Regular Cash Dividend; 08/05/2018 – Martin Marietta Sees FY Rev $4.3B-$4.5B; 25/04/2018 – Justice Department Announces Suit and Settlement With Martin Marietta Over Bluegrass Materials Deal

Investors sentiment decreased to 1.07 in Q1 2018. Its down 0.22, from 1.29 in 2017Q4. It fall, as 38 investors sold MLM shares while 140 reduced holdings. 52 funds opened positions while 138 raised stakes. 59.88 million shares or 0.32% less from 60.08 million shares in 2017Q4 were reported. Counselors reported 0.01% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Shell Asset invested in 0.06% or 15,587 shares. Point72 Asset Mgmt Limited Partnership holds 0.14% or 157,900 shares in its portfolio. Federated Invsts Pa owns 100 shares. Wealthtrust reported 0.03% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Asset One has invested 0.05% in Martin Marietta Materials, Inc. (NYSE:MLM). Apg Asset Mngmt Nv, Netherlands-based fund reported 17,764 shares. Smithfield Trust Company invested 0% in Martin Marietta Materials, Inc. (NYSE:MLM). Profund Advisors Ltd Limited Liability Company owns 0.02% invested in Martin Marietta Materials, Inc. (NYSE:MLM) for 1,990 shares. Guggenheim Capital Limited Liability Com holds 0.1% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM) for 204,658 shares. Barclays Public Limited reported 0.04% stake. Mutual Of America Limited Liability stated it has 8,042 shares. Raymond James Assoc reported 0.01% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Sumitomo Mitsui Incorporated reported 183,618 shares stake. State Street Corporation reported 0.05% stake.

Nomura Holdings Inc, which manages about $114.27B US Long portfolio, decreased its stake in Automatic Data Processing (NASDAQ:ADP) by 5.40 million shares to 1.95M shares, valued at $221.68 million in 2018Q1, according to the filing. It also reduced its holding in Baxter International Inc (Call) (NYSE:BAX) by 42,901 shares in the quarter, leaving it with 4,600 shares, and cut its stake in Walt Disney Co/The (NYSE:DIS).

Since February 14, 2018, it had 0 insider purchases, and 6 sales for $5.95 million activity. COLE SUE W sold 3,000 shares worth $630,191. 8,409 Martin Marietta Materials, Inc. (NYSE:MLM) shares with value of $1.79M were sold by Nye C Howard. $637,499 worth of Martin Marietta Materials, Inc. (NYSE:MLM) shares were sold by Quillen Michael J. BAR ROSELYN R also sold $1.28 million worth of Martin Marietta Materials, Inc. (NYSE:MLM) on Friday, May 11. Another trade for 4,226 shares valued at $975,031 was sold by McCunniff Donald A..

Among 13 analysts covering Martin Marietta (NYSE:MLM), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Martin Marietta had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Cleveland to “Buy” on Monday, April 3. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) earned “Buy” rating by Bank of America on Thursday, August 6. Stephens maintained Martin Marietta Materials, Inc. (NYSE:MLM) rating on Friday, April 13. Stephens has “Hold” rating and $23300 target. As per Wednesday, August 5, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Cleveland given on Friday, March 31. Jefferies maintained the shares of MLM in report on Wednesday, January 17 with “Buy” rating. The rating was upgraded by Bank of America on Wednesday, May 2 to “Buy”. The stock has “Buy” rating by Jefferies on Tuesday, February 13. As per Wednesday, October 26, the company rating was upgraded by Suntrust Robinson. SunTrust upgraded the stock to “Buy” rating in Wednesday, October 26 report.

Since March 12, 2018, it had 0 buys, and 3 selling transactions for $3.59 million activity. KORNBERG FRED sold $970,500 worth of stock. KANTOR EDWIN also sold $101,166 worth of Comtech Telecommunications Corp. (NASDAQ:CMTL) shares.

Investors sentiment decreased to 1.15 in Q1 2018. Its down 0.76, from 1.91 in 2017Q4. It worsened, as 11 investors sold CMTL shares while 51 reduced holdings. 27 funds opened positions while 44 raised stakes. 20.19 million shares or 0.51% more from 20.08 million shares in 2017Q4 were reported. Ameritas Investment invested 0% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Mondrian Investment Prns owns 121,930 shares or 0.1% of their US portfolio. Mutual Of America Cap Ltd invested in 108,261 shares or 0.05% of the stock. New Jersey-based Lord Abbett Communications Ltd Liability Com has invested 0.01% in Comtech Telecommunications Corp. (NASDAQ:CMTL). Citadel Advisors accumulated 0% or 47,605 shares. Loomis Sayles LP has 333 shares for 0% of their portfolio. Geode Capital Mngmt Limited Liability Corp has invested 0% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL). Principal Financial Grp stated it has 188,177 shares. Lucus Ltd Liability invested in 0.38% or 7,359 shares. State Street holds 0% or 648,960 shares. Renaissance Technologies Llc, a New York-based fund reported 358,550 shares. Fuller & Thaler Asset Management owns 95,297 shares or 0.03% of their US portfolio. Bogle Investment Mgmt Limited Partnership De has 0.21% invested in Comtech Telecommunications Corp. (NASDAQ:CMTL) for 92,748 shares. Chicago Equity Prtn Ltd Liability Com reported 125,470 shares. Wedge Capital Mgmt L Lp Nc stated it has 0.01% of its portfolio in Comtech Telecommunications Corp. (NASDAQ:CMTL).

Among 9 analysts covering Comtech Telecomm. Corp. (NASDAQ:CMTL), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Comtech Telecomm. Corp. had 28 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) earned “Outperform” rating by BMO Capital Markets on Friday, June 8. Northland Capital maintained Comtech Telecommunications Corp. (NASDAQ:CMTL) rating on Monday, July 10. Northland Capital has “Buy” rating and $2200 target. The firm has “Buy” rating by BMO Capital Markets given on Thursday, September 28. The rating was maintained by Noble Financial with “Buy” on Friday, September 29. The firm earned “Hold” rating on Tuesday, August 2 by Jefferies. The stock has “Hold” rating by Jefferies on Tuesday, August 8. The stock of Comtech Telecommunications Corp. (NASDAQ:CMTL) earned “Buy” rating by BMO Capital Markets on Thursday, December 7. The rating was maintained by with “Neutral” on Monday, October 10. Northland Capital maintained Comtech Telecommunications Corp. (NASDAQ:CMTL) on Monday, September 25 with “Buy” rating. Noble Financial maintained the stock with “Buy” rating in Friday, December 8 report.

Bogle Investment Management Lp, which manages about $2.60 billion and $1.33B US Long portfolio, upped its stake in Huntsman Corp Com (NYSE:HUN) by 13,516 shares to 33,062 shares, valued at $967,000 in 2018Q1, according to the filing. It also increased its holding in Appfolio Inc Com Cl A by 15,085 shares in the quarter, for a total of 29,900 shares, and has risen its stake in Silicom Ltd Ord (NASDAQ:SILC).

More notable recent Comtech Telecommunications Corp. (NASDAQ:CMTL) news were published by: Benzinga.com which released: “Comtech Telecomms Earnings Preview” on June 06, 2018, also Seekingalpha.com with their article: “Comtech wins more than $7M in deals from international customer” published on May 29, 2018, Streetinsider.com published: “Comtech Telecom (CMTL) Secures $3.3M Contract from US Army to Supply Troposcatter Equipment” on June 01, 2018. More interesting news about Comtech Telecommunications Corp. (NASDAQ:CMTL) were released by: Tucson.com and their article: “Comtech EF Data Corp. & Kepler Communications Announce Collaboration to Advance Rapidly Deployable Satellite …” published on June 05, 2018 as well as Seekingalpha.com‘s news article titled: “Comtech +4.2% on beat-and-raise in Q3 results” with publication date: June 06, 2018.

Comtech Telecommunications Corp. (NASDAQ:CMTL) Institutional Positions Chart

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