Coliseum Capital Management Position in Providence Svc (PRSC) Lowered as Share Value Rose; Bank Of America Decreased Super Micro Computer (SMCI) Position by $809,920 as Stock Price Declined

April 23, 2018 - By Louis Casey

Super Micro Computer, Inc. (NASDAQ:SMCI) Logo

Christopher Shackelton decreased its stake in Providence Svc Corp (PRSC) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. Coliseum Capital Management Llc sold 314,605 shares as the company’s stock rose 16.23% while stock markets declined. The hedge fund run by Christopher Shackelton held 1.65 million shares of the transportation services company at the end of 2017Q4, valued at $98.13M, down from 1.97M at the end of the previous reported quarter. Coliseum Capital Management Llc who had been investing in Providence Svc Corp for a number of months, seems to be less bullish one the $1.00B market cap company. The stock increased 0.72% or $0.56 during the last trading session, reaching $77.95. About 56,668 shares traded. The Providence Service Corporation (NASDAQ:PRSC) has risen 56.58% since April 23, 2017 and is uptrending. It has outperformed by 45.03% the S&P500.

Bank Of America Corp decreased its stake in Super Micro Computer Inc (SMCI) by 22.1% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of America Corp sold 40,496 shares as the company’s stock declined 20.95% with the market. The institutional investor held 142,726 shares of the technology company at the end of 2017Q4, valued at $2.99M, down from 183,222 at the end of the previous reported quarter. Bank Of America Corp who had been investing in Super Micro Computer Inc for a number of months, seems to be less bullish one the $850.18M market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $17.46. About 3,540 shares traded. Super Micro Computer, Inc. (NASDAQ:SMCI) has declined 34.26% since April 23, 2017 and is downtrending. It has underperformed by 45.81% the S&P500.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.18, from 1.15 in 2017Q3. It dropped, as 18 investors sold SMCI shares while 49 reduced holdings. 20 funds opened positions while 45 raised stakes. 38.99 million shares or 1.15% more from 38.55 million shares in 2017Q3 were reported. Granahan Invest Ma owns 194,830 shares. 648,756 were reported by Deutsche Bank Ag. Ameriprise Financial Inc stated it has 238,425 shares. Mason Street Advsr Limited accumulated 9,878 shares. Teacher Retirement Sys Of Texas holds 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI) for 13,377 shares. Whittier Of Nevada has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Lsv Asset invested in 0.01% or 258,320 shares. Royal Financial Bank Of Canada stated it has 10,017 shares or 0% of all its holdings. Rhumbline Advisers accumulated 89,925 shares. Spark Mngmt Ltd Liability Co, a New York-based fund reported 25,300 shares. Louisiana State Employees Retirement has invested 0.02% in Super Micro Computer, Inc. (NASDAQ:SMCI). Adage Cap Gp Ltd has 613,000 shares for 0.03% of their portfolio. Renaissance Technology has 0% invested in Super Micro Computer, Inc. (NASDAQ:SMCI). State Street Corp owns 1.02 million shares. Tiaa Cref Inv Management Ltd Llc has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI).

Bank Of America Corp, which manages about $597.43B US Long portfolio, upped its stake in Conns Inc (NASDAQ:CONN) by 48,525 shares to 50,424 shares, valued at $1.79M in 2017Q4, according to the filing. It also increased its holding in Weight Watchers Intl Inc New (NYSE:WTW) by 23,810 shares in the quarter, for a total of 46,810 shares, and has risen its stake in Catchmark Timber Tr Inc (NYSE:CTT).

Analysts await Super Micro Computer, Inc. (NASDAQ:SMCI) to report earnings on April, 26. They expect $0.30 earnings per share, down 6.25% or $0.02 from last year’s $0.32 per share. SMCI’s profit will be $14.61M for 14.55 P/E if the $0.30 EPS becomes a reality.

Among 11 analysts covering Super Micro Computer (NASDAQ:SMCI), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Super Micro Computer had 36 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Roth Capital given on Friday, August 5. The rating was maintained by Maxim Group on Tuesday, July 11 with “Buy”. Stifel Nicolaus maintained the shares of SMCI in report on Tuesday, August 15 with “Hold” rating. KeyBanc Capital Markets maintained the shares of SMCI in report on Monday, October 16 with “Hold” rating. The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) earned “Buy” rating by Maxim Group on Thursday, August 31. The firm has “Buy” rating by Maxim Group given on Friday, July 31. The stock has “Buy” rating by Sterne Agee CRT on Friday, April 15. The stock has “Neutral” rating by Susquehanna on Wednesday, November 11. Needham maintained the shares of SMCI in report on Friday, October 9 with “Buy” rating. The firm has “Buy” rating given on Friday, January 20 by Roth Capital.

Investors sentiment increased to 1.78 in 2017 Q4. Its up 0.98, from 0.8 in 2017Q3. It is positive, as 9 investors sold PRSC shares while 37 reduced holdings. 29 funds opened positions while 53 raised stakes. 12.30 million shares or 2.51% less from 12.62 million shares in 2017Q3 were reported. Bessemer Group Inc Inc invested in 5,620 shares or 0% of the stock. The Illinois-based Guggenheim Capital Lc has invested 0.01% in The Providence Service Corporation (NASDAQ:PRSC). Pnc Financial Grp holds 0% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC) for 59,009 shares. Morgan Stanley holds 0% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC) for 100,680 shares. Kbc Grp Incorporated Nv invested in 0.01% or 15,453 shares. Dimensional Fund LP accumulated 0.02% or 977,794 shares. State Of Alaska Department Of Revenue owns 0% invested in The Providence Service Corporation (NASDAQ:PRSC) for 2,225 shares. Kennedy Management Inc has invested 0.16% in The Providence Service Corporation (NASDAQ:PRSC). Aqr Ltd Liability Corp reported 6,862 shares. Panagora Asset stated it has 0.01% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Us National Bank De accumulated 88 shares. Bw Gestao De Investimentos Ltda reported 10,496 shares stake. Fmr Ltd accumulated 98,800 shares. California Employees Retirement stated it has 43,300 shares or 0% of all its holdings. Bnp Paribas Arbitrage Sa has invested 0% in The Providence Service Corporation (NASDAQ:PRSC).

The Providence Service Corporation (NASDAQ:PRSC) Institutional Positions Chart

Echostar Corporation-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.

By

Free Newsletter

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


Recent Posts

>