Senator Investment Group LP Increased Its Zayo Group Hldgs (ZAYO) Holding by $10.80 Million as Stock Price Declined; Microsemi (MSCC) Share Value Rose While Goldentree Asset Management LP Has Cut Its Position by $3.03 Million

May 24, 2018 - By Neil V. Hobbs

Microsemi Corporation (NASDAQ:MSCC) Logo

Doug Silverman increased its stake in Zayo Group Hldgs Inc (ZAYO) by 3.45% based on its latest 2017Q4 regulatory filing with the SEC. Senator Investment Group Lp bought 300,000 shares as the company’s stock declined 6.81% with the market. The hedge fund run by Doug Silverman held 8.99 million shares of the public utilities company at the end of 2017Q4, valued at $330.65 million, up from 8.69M at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be bullish on the $8.63 billion market cap company. The stock increased 1.91% or $0.65 during the last trading session, reaching $34.73. About 2.91M shares traded or 14.55% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since May 24, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Steven Tananbaum decreased its stake in Microsemi Corp (MSCC) by 13.04% based on its latest 2017Q4 regulatory filing with the SEC. Goldentree Asset Management Lp sold 59,460 shares as the company’s stock rose 25.52% while stock markets declined. The hedge fund run by Steven Tananbaum held 396,363 shares of the semiconductors company at the end of 2017Q4, valued at $20.47M, down from 455,823 at the end of the previous reported quarter. Goldentree Asset Management Lp who had been investing in Microsemi Corp for a number of months, seems to be less bullish one the $8.08B market cap company. The stock decreased 0.10% or $0.07 during the last trading session, reaching $68.53. About 3.04M shares traded. Microsemi Corporation (NASDAQ:MSCC) has risen 27.25% since May 24, 2017 and is uptrending. It has outperformed by 15.70% the S&P500.

Among 22 analysts covering Zayo Group Holdings (NYSE:ZAYO), 17 have Buy rating, 1 Sell and 4 Hold. Therefore 77% are positive. Zayo Group Holdings had 47 analyst reports since August 5, 2015 according to SRatingsIntel. On Thursday, November 9 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Thursday, February 8, the company rating was maintained by Morgan Stanley. As per Friday, February 10, the company rating was downgraded by FBR Capital. The firm has “Overweight” rating by Barclays Capital given on Monday, September 21. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, October 11. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Mkt Perform” rating by Raymond James on Wednesday, May 10. The rating was maintained by Cowen & Co with “Buy” on Friday, May 4. Raymond James upgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) on Friday, April 13 to “Outperform” rating. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 13. On Wednesday, April 18 the stock rating was upgraded by Deutsche Bank to “Buy”.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Zayo To Advance Evaluation of REIT Conversion” on May 03, 2018, also Benzinga.com with their article: “Earnings Preview For Zayo Group Holdings” published on May 03, 2018, Digitaljournal.com published: “Zayo Expands European Wavelength Network” on May 24, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Seekingalpha.com and their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018 as well as Businesswire.com‘s news article titled: “Global Business Process Outsourcing Company Selects Zayo” with publication date: May 17, 2018.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It increased, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. Columbia Wanger Asset Management Limited Liability Co holds 547,191 shares. 1.71M were reported by Blue Harbour Grp Incorporated Lp. Driehaus Cap Mngmt Llc reported 0.16% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). 29,867 were accumulated by Pub Employees Retirement Association Of Colorado. Cramer Rosenthal Mcglynn Ltd Co stated it has 950,613 shares. Aperio Grp invested in 0.01% or 29,806 shares. Citadel Advsr Limited Liability holds 0.05% or 2.16 million shares in its portfolio. Dnb Asset As, a Norway-based fund reported 13,995 shares. Spo Advisory invested 9.56% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Sumitomo Mitsui Asset Mngmt Com Ltd invested in 12,731 shares or 0.01% of the stock. Smithfield invested in 0% or 650 shares. Barclays Plc invested 0.02% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). 3.62 million are owned by Goldman Sachs Group Incorporated Incorporated. Eagle Asset Incorporated invested in 0.18% or 903,591 shares. Sg Americas Secs Ltd Llc, a New York-based fund reported 3,837 shares.

Since December 29, 2017, it had 0 buys, and 23 selling transactions for $221.35 million activity. 26,332 Zayo Group Holdings, Inc. (NYSE:ZAYO) shares with value of $992,716 were sold by Caruso Daniel. Another trade for 1,891 shares valued at $68,749 was sold by Steinfort Matt. On Wednesday, April 4 the insider Crouch Andrew sold $510,499. Richardson Nina had sold 655 shares worth $24,078 on Friday, December 29. Shares for $40,105 were sold by Connor Richard W. on Friday, December 29. Another trade for 10,711 shares valued at $387,096 was sold by Waters John F Jr..

Senator Investment Group Lp, which manages about $11.90 billion and $9.34 billion US Long portfolio, decreased its stake in Synchrony Finl (NYSE:SYF) by 5.40M shares to 6.00 million shares, valued at $231.66 million in 2017Q4, according to the filing. It also reduced its holding in Deere & Co (NYSE:DE) by 200,000 shares in the quarter, leaving it with 500,000 shares, and cut its stake in Charter Communications Inc N.

Goldentree Asset Management Lp, which manages about $22.00 billion and $921.42M US Long portfolio, upped its stake in Kadmon Hldgs Inc by 1.40M shares to 1.61 million shares, valued at $5.83 million in 2017Q4, according to the filing.

Since December 8, 2017, it had 0 buys, and 5 insider sales for $1.03 million activity. The insider FOLINO PAUL F sold $302,717. Goren David had sold 2,090 shares worth $138,841 on Friday, March 16.

Among 19 analysts covering Microsemi (NASDAQ:MSCC), 5 have Buy rating, 0 Sell and 14 Hold. Therefore 26% are positive. Microsemi had 65 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, August 30 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Buy” rating by Mizuho on Friday, January 27. RBC Capital Markets initiated Microsemi Corporation (NASDAQ:MSCC) on Monday, August 3 with “Outperform” rating. Topeka Capital Markets maintained Microsemi Corporation (NASDAQ:MSCC) rating on Friday, November 6. Topeka Capital Markets has “Buy” rating and $45 target. The firm earned “Buy” rating on Wednesday, October 14 by Mizuho. The stock of Microsemi Corporation (NASDAQ:MSCC) earned “Top Pick” rating by RBC Capital Markets on Thursday, February 25. The firm has “Buy” rating given on Monday, October 2 by RBC Capital Markets. The stock has “Outperform” rating by Wells Fargo on Friday, January 29. The firm earned “Buy” rating on Friday, November 11 by Mizuho. As per Friday, November 10, the company rating was maintained by Susquehanna.

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It improved, as 34 investors sold MSCC shares while 98 reduced holdings. 47 funds opened positions while 105 raised stakes. 111.11 million shares or 1.43% less from 112.73 million shares in 2017Q3 were reported. Clinton has 47,988 shares for 0.22% of their portfolio. Bbva Compass National Bank has 10,603 shares for 0.03% of their portfolio. 95,648 are owned by Alliancebernstein Limited Partnership. Public Employees Retirement Systems Of Ohio holds 0.01% or 53,172 shares. Public Employees Retirement Association Of Colorado accumulated 21,629 shares. Tributary Cap Mngmt Ltd Liability Corp stated it has 0.95% in Microsemi Corporation (NASDAQ:MSCC). Robecosam Ag stated it has 0.79% of its portfolio in Microsemi Corporation (NASDAQ:MSCC). Voya Investment Mgmt Ltd Llc, a Georgia-based fund reported 909,350 shares. Bancshares Of Ny Mellon Corp holds 4.00 million shares. Pacad Invest Limited accumulated 0.04% or 3,100 shares. Citadel Advsr Limited Liability invested 0.02% in Microsemi Corporation (NASDAQ:MSCC). California State Teachers Retirement Sys holds 0.02% or 188,353 shares in its portfolio. Scotia Capital reported 0.02% in Microsemi Corporation (NASDAQ:MSCC). 791,051 are owned by Wedge Capital L LP Nc. Arizona State Retirement Systems invested 0.04% of its portfolio in Microsemi Corporation (NASDAQ:MSCC).

More notable recent Microsemi Corporation (NASDAQ:MSCC) news were published by: Streetinsider.com which released: “Microchip Technology (MCHP) Receives Taiwan Clearance for Microsemi (MSCC) Merger; Microsemi Shareholders …” on May 23, 2018, also Prnewswire.com with their article: “Microsemi Continues to Expand Silicon Carbide Product Portfolios with Sampling of its Next-Generation 1200 V SiC …” published on May 24, 2018, Seekingalpha.com published: “Beijing Approves Microchip Deal, Boding Well For Qualcomm-NXP” on May 17, 2018. More interesting news about Microsemi Corporation (NASDAQ:MSCC) were released by: Digitaljournal.com and their article: “NASDAQ:MSCC Investor Alert: Lawsuit Filed Against Acquisition of Microsemi Corporation” published on May 02, 2018 as well as Prnewswire.com‘s news article titled: “Microsemi Wins “Outstanding Components Vendor” Award from Light Reading” with publication date: May 23, 2018.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

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