Generac Holdings (GNRC) Stock Value Declined While Kestrel Investment Management Has Trimmed Its Holding; Ifc Holdings Cut Arista Networks (ANET) Stake by $1.27 Million

May 23, 2018 - By Stephen Andrade

Generac Holdings Inc. (NYSE:GNRC) Logo

Kestrel Investment Management Corp decreased its stake in Generac Holdings Inc (GNRC) by 3.93% based on its latest 2017Q4 regulatory filing with the SEC. Kestrel Investment Management Corp sold 7,900 shares as the company’s stock declined 10.50% with the market. The institutional investor held 192,875 shares of the metal fabrications company at the end of 2017Q4, valued at $9.55M, down from 200,775 at the end of the previous reported quarter. Kestrel Investment Management Corp who had been investing in Generac Holdings Inc for a number of months, seems to be less bullish one the $3.13 billion market cap company. The stock increased 0.84% or $0.42 during the last trading session, reaching $50.54. About 290,886 shares traded. Generac Holdings Inc. (NYSE:GNRC) has risen 20.22% since May 23, 2017 and is uptrending. It has outperformed by 8.67% the S&P500.

Ifc Holdings Incorporated decreased its stake in Arista Networks Inc (ANET) by 50.25% based on its latest 2017Q4 regulatory filing with the SEC. Ifc Holdings Incorporated sold 5,422 shares as the company’s stock rose 7.25% while stock markets declined. The institutional investor held 5,367 shares of the technology company at the end of 2017Q4, valued at $1.26M, down from 10,789 at the end of the previous reported quarter. Ifc Holdings Incorporated who had been investing in Arista Networks Inc for a number of months, seems to be less bullish one the $19.04 billion market cap company. The stock increased 2.55% or $6.36 during the last trading session, reaching $255.98. About 674,851 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 91.94% since May 23, 2017 and is uptrending. It has outperformed by 80.39% the S&P500.

Analysts await Arista Networks, Inc. (NYSE:ANET) to report earnings on August, 2. They expect $1.48 EPS, up 34.55% or $0.38 from last year’s $1.1 per share. ANET’s profit will be $110.10 million for 43.24 P/E if the $1.48 EPS becomes a reality. After $1.52 actual EPS reported by Arista Networks, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Ifc Holdings Incorporated, which manages about $3.29B and $1.45 billion US Long portfolio, upped its stake in Deere & Co (NYSE:DE) by 5,508 shares to 7,309 shares, valued at $1.15 million in 2017Q4, according to the filing. It also increased its holding in Ishares Inc (IEMG) by 25,560 shares in the quarter, for a total of 289,168 shares, and has risen its stake in Ishares Tr (HEFA).

Among 36 analysts covering Arista Networks (NYSE:ANET), 18 have Buy rating, 1 Sell and 17 Hold. Therefore 50% are positive. Arista Networks had 136 analyst reports since July 29, 2015 according to SRatingsIntel. As per Friday, May 4, the company rating was maintained by Deutsche Bank. Stifel Nicolaus reinitiated Arista Networks, Inc. (NYSE:ANET) on Friday, December 15 with “Buy” rating. Credit Suisse downgraded it to “Neutral” rating and $140 target in Friday, April 28 report. JMP Securities maintained Arista Networks, Inc. (NYSE:ANET) on Thursday, October 26 with “Market Perform” rating. The company was maintained on Thursday, September 28 by KeyBanc Capital Markets. As per Wednesday, September 20, the company rating was upgraded by Morgan Stanley. The rating was maintained by Needham with “Buy” on Friday, February 17. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by UBS on Friday, August 5. The stock has “Buy” rating by Deutsche Bank on Friday, November 6. The rating was maintained by Credit Suisse on Friday, July 21 with “Hold”.

More notable recent Arista Networks, Inc. (NYSE:ANET) news were published by: Seekingalpha.com which released: “Arista: Is It A Rising Or Setting Sun?” on May 14, 2018, also Streetinsider.com with their article: “Citi Reiterates Buy on Arista Networks (ANET) Ahead of Non-Deal Road Show” published on May 16, 2018, Seekingalpha.com published: “Arista Networks: The Time Has Come” on April 25, 2018. More interesting news about Arista Networks, Inc. (NYSE:ANET) were released by: Seekingalpha.com and their article: “Arista Networks: Ignore The Noise” published on May 07, 2018 as well as Streetinsider.com‘s news article titled: “After-Hours Stock Movers 05/03: (CVGI) (VIAV) (SHAK) Higher; (FLR) (ANET) (TSRO) Lower (more…)” with publication date: May 03, 2018.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.31, from 1.42 in 2017Q3. It fall, as 32 investors sold GNRC shares while 72 reduced holdings. 51 funds opened positions while 64 raised stakes. 60.69 million shares or 3.57% more from 58.60 million shares in 2017Q3 were reported. Parametric Lc invested in 124,266 shares. Schwab Charles Inv Mgmt Incorporated holds 473,667 shares or 0.02% of its portfolio. Eaton Vance Mgmt holds 8,930 shares or 0% of its portfolio. Eqis Cap Mgmt holds 0.12% or 46,499 shares. Hotchkis & Wiley Lc reported 8,017 shares. Maverick Cap Ltd accumulated 151,310 shares. Ontario – Canada-based Royal Bancorporation Of Canada has invested 0.01% in Generac Holdings Inc. (NYSE:GNRC). 25,770 were accumulated by Sector Pension Invest Board. Tiaa Cref Inv Limited Liability Company stated it has 0.01% of its portfolio in Generac Holdings Inc. (NYSE:GNRC). Moreover, Mutual Of America Cap Management Ltd Liability Corp has 0.06% invested in Generac Holdings Inc. (NYSE:GNRC). Gam Holdg Ag stated it has 0.02% in Generac Holdings Inc. (NYSE:GNRC). Alps Advsr Inc has 0% invested in Generac Holdings Inc. (NYSE:GNRC). 192,875 are held by Kestrel Investment Mngmt. Amp Capital Invsts Limited, a Australia-based fund reported 31,361 shares. Boothbay Fund Mgmt Limited Liability Company owns 10,944 shares for 0.08% of their portfolio.

Since January 2, 2018, it had 0 insider purchases, and 5 sales for $4.62 million activity.

Analysts await Generac Holdings Inc. (NYSE:GNRC) to report earnings on August, 1. They expect $0.91 EPS, up 31.88% or $0.22 from last year’s $0.69 per share. GNRC’s profit will be $56.38 million for 13.88 P/E if the $0.91 EPS becomes a reality. After $0.74 actual EPS reported by Generac Holdings Inc. for the previous quarter, Wall Street now forecasts 22.97% EPS growth.

Among 10 analysts covering Generac Holdings (NYSE:GNRC), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Generac Holdings had 32 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, February 14, the company rating was maintained by Stifel Nicolaus. The rating was upgraded by Bank of America to “Buy” on Monday, March 14. The rating was maintained by Stifel Nicolaus on Thursday, August 3 with “Hold”. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, February 13. The stock has “Hold” rating by Bank of America on Thursday, September 7. SunTrust initiated Generac Holdings Inc. (NYSE:GNRC) on Tuesday, November 3 with “Neutral” rating. On Wednesday, October 4 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was upgraded by Bank of America to “Buy” on Friday, September 15. As per Thursday, October 29, the company rating was upgraded by Bank of America. The stock of Generac Holdings Inc. (NYSE:GNRC) has “Hold” rating given on Monday, September 11 by Canaccord Genuity.

More recent Generac Holdings Inc. (NYSE:GNRC) news were published by: Seekingalpha.com which released: “Improved margins for Generac in Q1” on May 02, 2018. Also Seekingalpha.com published the news titled: “Generac Holdings (GNRC) Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Globenewswire.com‘s news article titled: “Generac Reports First Quarter 2018 Results” with publication date: May 02, 2018 was also an interesting one.

Generac Holdings Inc. (NYSE:GNRC) Institutional Positions Chart

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