Parthenon Has Lifted Its Motorcar Pts Amer (MPAA) Holding by $479,157; As Texas Instrs (TXN) Market Valuation Rose, Legacy Private Trust Lowered Its Stake

June 23, 2018 - By reb123z

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Logo

Parthenon Llc increased its stake in Motorcar Pts Amer Inc (MPAA) by 36.88% based on its latest 2018Q1 regulatory filing with the SEC. Parthenon Llc bought 22,817 shares as the company’s stock declined 0.47% with the market. The hedge fund held 84,691 shares of the capital goods company at the end of 2018Q1, valued at $1.82 million, up from 61,874 at the end of the previous reported quarter. Parthenon Llc who had been investing in Motorcar Pts Amer Inc for a number of months, seems to be bullish on the $360.48 million market cap company. The stock decreased 0.78% or $0.15 during the last trading session, reaching $19.08. About 217,158 shares traded or 4.70% up from the average. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has declined 28.45% since June 23, 2017 and is downtrending. It has underperformed by 41.02% the S&P500. Some Historical MPAA News: 22/04/2018 – DJ Motorcar Parts of America Inc, Inst Holders, 1Q 2018 (MPAA); 04/05/2018 – Stephens Inv Mgmt Group Exits Position in Motorcar Parts; 23/04/2018 – SG Capital Buys New 1.1% Position in Motorcar Parts; 11/04/2018 Northpointe Capital LLC Exits Position in Motorcar Parts; 14/05/2018 – Cooper Creek Partners Buys New 1.2% Position in Motorcar Parts; 17/04/2018 – Motorcar Parts Closes Above 50-Day Moving Average: Technicals

Legacy Private Trust decreased its stake in Texas Instrs Inc (TXN) by 14.21% based on its latest 2018Q1 regulatory filing with the SEC. Legacy Private Trust sold 13,256 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 80,001 shares of the semiconductors company at the end of 2018Q1, valued at $8.31M, down from 93,257 at the end of the previous reported quarter. Legacy Private Trust who had been investing in Texas Instrs Inc for a number of months, seems to be less bullish one the $110.33B market cap company. The stock increased 0.24% or $0.27 during the last trading session, reaching $112.38. About 2.64M shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 38.09% since June 23, 2017 and is uptrending. It has outperformed by 25.52% the S&P500. Some Historical TXN News: 07/05/2018 – TI’s ultra-small 5.5-V DC/DC step-down power module delivers true 6-A performance; 24/04/2018 – After-hours buzz: TXN, WYNN, EW & more; 24/04/2018 – Texas Instruments 1Q EPS $1.35; 02/05/2018 – Diamond Hill Adds Texas Instruments, Exits Ford: 13F; 23/04/2018 – DJ Texas Instruments Incorporated, Inst Holders, 1Q 2018 (TXN); 01/05/2018 – Texas Instruments at AllianceBernstein Conference May 31; 26/03/2018 – Texas Instruments to webcast its annual meeting of stockholders; 17/05/2018 – Tl COO Brian Crutcher to speak at Bernstein investor conference; 19/04/2018 – Axcelis Wins 2017 Texas Instruments Supplier Excellence Award; 30/04/2018 – S&PGR Rates Texas Instruments’ Senior Unsecured Notes ‘A+’

More important recent Motorcar Parts of America, Inc. (NASDAQ:MPAA) news were published by: Nasdaq.com which released: “Motorcar Parts of America to Present at 18th Annual Oppenheimer Consumer Conference” on June 13, 2018, also Seekingalpha.com published article titled: “Motorcar Parts of America, Inc. (MPAA) CEO Selwyn Joffe on Q4 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Motorcar Parts of America Announces Increased Credit Facility” on June 07, 2018. More interesting news about Motorcar Parts of America, Inc. (NASDAQ:MPAA) was released by: Benzinga.com and their article: “Earnings Scheduled For June 14, 2018” with publication date: June 14, 2018.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 0.47, from 1.6 in 2017Q4. It dropped, as 25 investors sold MPAA shares while 27 reduced holdings. 16 funds opened positions while 43 raised stakes. 19.22 million shares or 2.75% less from 19.76 million shares in 2017Q4 were reported. Wcm Inv Mgmt Ca holds 0.02% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 119,490 shares. Moreover, River Road Asset Management Ltd Limited Liability Company has 0.41% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Pacific Ridge Prtnrs Limited Liability Corporation has invested 0.08% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). 98,500 were reported by North Star Investment Mgmt. Jpmorgan Chase Com holds 0% or 3,838 shares. State Of Alaska Department Of Revenue owns 6,154 shares or 0% of their US portfolio. Tower Research Limited Liability (Trc) has 5,714 shares. Riverhead Cap Mgmt, Delaware-based fund reported 1,736 shares. Quantbot Tech Limited Partnership reported 0% stake. Moreover, Parallax Volatility Advisers Ltd Partnership has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 350 shares. Waddell And Reed Financial holds 0.01% or 244,000 shares. Hotchkis & Wiley Mngmt Ltd Liability stated it has 58,090 shares or 0% of all its holdings. Euclidean Mngmt Limited invested in 1.57% or 74,364 shares. Metropolitan Life Ny invested in 0% or 6,315 shares. New York-based Bnp Paribas Arbitrage Sa has invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA).

Parthenon Llc, which manages about $549.61M and $424.53M US Long portfolio, decreased its stake in Ishares Tr (IWR) by 1,700 shares to 2,937 shares, valued at $606,000 in 2018Q1, according to the filing.

Since February 12, 2018, it had 9 buys, and 0 selling transactions for $212,664 activity. Another trade for 400 shares valued at $9,636 was bought by Miller Duane Franklin. Shares for $15,750 were bought by Ferguson Joseph Edwin on Monday, February 12. The insider VARGO TIMOTHY D bought 462 shares worth $9,970. Bryan David bought $2,496 worth of stock or 125 shares. Mirvis Jeffrey P had bought 1,000 shares worth $21,086. $19,929 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was bought by Lee David Sung.

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Motorcar Parts of America had 17 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Tuesday, November 10 by TH Capital. TH Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Tuesday, August 11 with “Buy” rating. The firm has “Buy” rating by Roth Capital given on Monday, February 12. The rating was upgraded by Zacks on Monday, August 17 to “Sell”. The stock has “Buy” rating by B. Riley & Co on Thursday, November 10. B. Riley & Co maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Tuesday, August 11 with “Buy” rating. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Hold” rating given on Friday, June 15 by Roth Capital. The firm has “Buy” rating by Roth Capital given on Tuesday, June 13. The firm has “Buy” rating by CL King given on Monday, March 14. Roth Capital maintained it with “Buy” rating and $32.0 target in Friday, August 18 report.

Legacy Private Trust, which manages about $856.00M US Long portfolio, upped its stake in Ishares Tr (MTUM) by 27,703 shares to 130,743 shares, valued at $13.85 million in 2018Q1, according to the filing. It also increased its holding in Danaher Corp Del (NYSE:DHR) by 7,997 shares in the quarter, for a total of 41,621 shares, and has risen its stake in Claymore Exchange Trd Fd Tr (GSY).

Among 42 analysts covering Texas Instruments (NASDAQ:TXN), 20 have Buy rating, 3 Sell and 19 Hold. Therefore 48% are positive. Texas Instruments had 120 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Outperform” rating given on Friday, October 2 by RBC Capital Markets. UBS maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, October 22. UBS has “Buy” rating and $62.0 target. The rating was maintained by Mizuho with “Neutral” on Wednesday, January 25. On Tuesday, January 12 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets initiated the stock with “Outperform” rating in Monday, August 3 report. B. Riley & Co downgraded Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, October 22. B. Riley & Co has “Neutral” rating and $58 target. Stifel Nicolaus maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, May 25. Stifel Nicolaus has “Hold” rating and $8500 target. The rating was maintained by KeyBanc Capital Markets on Tuesday, November 21 with “Hold”. As per Thursday, April 26, the company rating was upgraded by DZ Bank. The firm has “Hold” rating by Mizuho given on Tuesday, July 25.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on July, 24. They expect $1.30 EPS, up 26.21% or $0.27 from last year’s $1.03 per share. TXN’s profit will be $1.28B for 21.61 P/E if the $1.30 EPS becomes a reality. After $1.21 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 7.44% EPS growth.

More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Streetinsider.com which released: “China’s ZTE expected to take last step to lift ban: US official” on June 22, 2018. Also Bizjournals.com published the news titled: “Study: These DFW companies rank among America’s most valuable brands” on June 22, 2018. Streetinsider.com‘s news article titled: “Texas Instruments (TXN) Appoints Martin S. Craighead to Board” with publication date: June 21, 2018 was also an interesting one.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.11, from 1.01 in 2017Q4. It is negative, as 65 investors sold TXN shares while 408 reduced holdings. 119 funds opened positions while 308 raised stakes. 800.61 million shares or 0.62% less from 805.57 million shares in 2017Q4 were reported. Charter invested in 0.5% or 39,087 shares. Clarkston Cap Llc has invested 0.02% in Texas Instruments Incorporated (NASDAQ:TXN). Legacy Capital Prtn owns 2,263 shares for 0.12% of their portfolio. 3,702 were reported by Howland Capital Management Limited Liability. Cap International Ltd Ca reported 38,214 shares or 0.71% of all its holdings. Decatur Management Inc reported 108,236 shares. Diamond Hill Capital Management Incorporated holds 0.57% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 1.07 million shares. Robecosam Ag holds 1.28% or 265,000 shares in its portfolio. Schwab Charles Invest Mgmt holds 0.48% or 6.00 million shares. 6,499 were reported by Walter Keenan Fin Consulting Mi Adv. Blb&B Limited Liability Corporation accumulated 12,580 shares. Westpac Bk owns 234,894 shares. Compton Management Inc Ri owns 2,830 shares for 0.13% of their portfolio. 357,049 are owned by Lazard Asset Management Ltd Liability Com. Brown Brothers Harriman Co invested in 0.01% or 14,787 shares.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Positions Chart

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