Starboard Value LP Boosted Monotype Imaging Holdings In (TYPE) Stake by $33.68 Million; China Mobile Limited (CHL) Position Lifted by Barry Investment Advisors Llc

May 27, 2018 - By Richard Conner

China Mobile Limited (NYSE:CHL) Logo

Jeffrey Smith increased its stake in Monotype Imaging Holdings In (TYPE) by 70.12% based on its latest 2017Q4 regulatory filing with the SEC. Starboard Value Lp bought 1.40 million shares as the company’s stock declined 6.02% with the market. The hedge fund run by Jeffrey Smith held 3.40M shares of the edp services company at the end of 2017Q4, valued at $82.05M, up from 2.00 million at the end of the previous reported quarter. Starboard Value Lp who had been investing in Monotype Imaging Holdings In for a number of months, seems to be bullish on the $863.52 million market cap company. The stock increased 0.23% or $0.05 during the last trading session, reaching $21.45. About 115,088 shares traded. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has risen 17.05% since May 27, 2017 and is uptrending. It has outperformed by 5.50% the S&P500.

Barry Investment Advisors Llc increased its stake in China Mobile Limited (CHL) by 7.16% based on its latest 2017Q4 regulatory filing with the SEC. Barry Investment Advisors Llc bought 6,632 shares as the company’s stock declined 8.06% with the market. The institutional investor held 99,284 shares of the telecommunications equipment company at the end of 2017Q4, valued at $5.02 million, up from 92,652 at the end of the previous reported quarter. Barry Investment Advisors Llc who had been investing in China Mobile Limited for a number of months, seems to be bullish on the $187.56 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $45.63. About 1.31M shares traded or 44.52% up from the average. China Mobile Limited (NYSE:CHL) has declined 14.69% since May 27, 2017 and is downtrending. It has underperformed by 26.24% the S&P500.

Among 7 analysts covering China Mobile (NYSE:CHL), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. China Mobile had 9 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Tuesday, January 19. The firm earned “Buy” rating on Wednesday, August 30 by Bank of America. The firm has “Buy” rating given on Friday, August 21 by Jefferies. The stock has “Mkt Perform” rating by Bernstein on Thursday, October 27. Nomura downgraded China Mobile Limited (NYSE:CHL) on Monday, March 12 to “Neutral” rating. The stock of China Mobile Limited (NYSE:CHL) has “Buy” rating given on Wednesday, August 10 by Goldman Sachs. The stock of China Mobile Limited (NYSE:CHL) earned “Hold” rating by HSBC on Friday, March 24. The firm has “Hold” rating by Jefferies given on Friday, March 23.

More recent China Mobile Limited (NYSE:CHL) news were published by: Seekingalpha.com which released: “China Mobile 4G Users Decline For First Time” on May 23, 2018. Also Benzinga.com published the news titled: “Jim Cramer Advises His Viewers On China Mobile, Align Technology And AbbVie” on May 25, 2018. Fool.com‘s news article titled: “3 Top Dividend Stocks to Buy Right Now” with publication date: May 26, 2018 was also an interesting one.

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.24, from 0.87 in 2017Q3. It is positive, as 18 investors sold TYPE shares while 43 reduced holdings. 33 funds opened positions while 35 raised stakes. 36.73 million shares or 3.37% less from 38.02 million shares in 2017Q3 were reported. 3.23M were accumulated by Neuberger Berman Group Llc. 10,855 are owned by Mason Street Lc. Principal Incorporated stated it has 0.01% of its portfolio in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Vanguard invested in 3.74M shares. Rgm Capital Ltd Liability holds 7.83% or 3.49 million shares in its portfolio. Ironwood Financial Ltd has invested 0.01% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Tower Rech Capital Ltd (Trc) has invested 0.01% of its portfolio in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Federated Pa has 0% invested in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) for 1,244 shares. The New York-based Jericho Asset Mgmt LP has invested 1% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Tokio Marine Asset Com Ltd has invested 0.3% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Moreover, California State Teachers Retirement Systems has 0% invested in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Franklin Incorporated has 0% invested in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Millennium Mgmt reported 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). 899 are owned by Pnc Svcs Grp Inc Inc. Daruma Mngmt Lc invested 3.07% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE).

More news for Monotype Imaging Holdings Inc. (NASDAQ:TYPE) were recently published by: Streetinsider.com, which released: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” on May 15, 2018. Businesswire.com‘s article titled: “Monotype to Present at the Ladenburg Thalmann 2018 Technology Expo” and published on May 24, 2018 is yet another important article.

Since January 11, 2018, it had 0 buys, and 7 selling transactions for $1.29 million activity. $22,300 worth of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) was sold by Zucker Brett Scott. Another trade for 1,000 shares valued at $21,000 was sold by Semmes Benjamin W.L. III. Dunlap Janet M sold 2,000 shares worth $50,000.

Starboard Value Lp, which manages about $2.57B and $4.09B US Long portfolio, decreased its stake in Depomed Inc (NASDAQ:DEPO) by 600,000 shares to 4.70 million shares, valued at $37.80 million in 2017Q4, according to the filing. It also reduced its holding in Cognizant Technology Solutio (NASDAQ:CTSH) by 150,000 shares in the quarter, leaving it with 1.00M shares, and cut its stake in Altaba Inc.

Among 7 analysts covering Monotype Imaging Holdings (NASDAQ:TYPE), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. Monotype Imaging Holdings had 8 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) earned “Buy” rating by Dougherty & Company on Friday, February 12. The stock has “Sell” rating by J.P. Morgan on Tuesday, December 12. On Wednesday, May 25 the stock rating was initiated by Ladenburg Thalmann with “Buy”. The stock of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) earned “Neutral” rating by JP Morgan on Thursday, January 12. The firm has “Buy” rating given on Tuesday, February 20 by B. Riley & Co. FBR Capital upgraded Monotype Imaging Holdings Inc. (NASDAQ:TYPE) rating on Tuesday, February 20. FBR Capital has “Buy” rating and $31.0 target. The rating was downgraded by Zacks to “Sell” on Tuesday, September 8.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: