Kemet (KEM) Shares Rose While Cipher Capital LP Lowered Position by $376,635; Hanseatic Management Services Decreased Its Position in L3 Technologies (LLL) by $327,690

May 18, 2018 - By Dolores Ford

KEMET Corporation (NYSE:KEM) Logo

Hanseatic Management Services Inc decreased its stake in L3 Technologies Inc. (LLL) by 51.96% based on its latest 2017Q4 regulatory filing with the SEC. Hanseatic Management Services Inc sold 1,655 shares as the company’s stock rose 3.45% while stock markets declined. The institutional investor held 1,530 shares of the technology company at the end of 2017Q4, valued at $303,000, down from 3,185 at the end of the previous reported quarter. Hanseatic Management Services Inc who had been investing in L3 Technologies Inc. for a number of months, seems to be less bullish one the $15.22B market cap company. The stock increased 0.72% or $1.38 during the last trading session, reaching $193.95. About 557,391 shares traded. L3 Technologies, Inc. (NYSE:LLL) has risen 23.75% since May 18, 2017 and is uptrending. It has outperformed by 12.20% the S&P500.

Cipher Capital Lp decreased its stake in Kemet Corp (KEM) by 51.2% based on its latest 2017Q4 regulatory filing with the SEC. Cipher Capital Lp sold 25,109 shares as the company’s stock rose 16.67% while stock markets declined. The hedge fund held 23,934 shares of the electrical products company at the end of 2017Q4, valued at $361,000, down from 49,043 at the end of the previous reported quarter. Cipher Capital Lp who had been investing in Kemet Corp for a number of months, seems to be less bullish one the $1.06B market cap company. The stock decreased 11.95% or $2.53 during the last trading session, reaching $18.65. About 5.57M shares traded or 465.96% up from the average. KEMET Corporation (NYSE:KEM) has risen 52.43% since May 18, 2017 and is uptrending. It has outperformed by 40.88% the S&P500.

Among 3 analysts covering Kemet (NYSE:KEM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Kemet has $27.5 highest and $15.5000 lowest target. $24.08’s average target is 29.12% above currents $18.65 stock price. Kemet had 9 analyst reports since May 23, 2016 according to SRatingsIntel. The stock of KEMET Corporation (NYSE:KEM) earned “Buy” rating by B. Riley & Co on Monday, May 23. Stifel Nicolaus maintained KEMET Corporation (NYSE:KEM) rating on Sunday, August 6. Stifel Nicolaus has “Hold” rating and $15.5000 target. The stock of KEMET Corporation (NYSE:KEM) earned “Buy” rating by FBR Capital on Monday, May 14. The stock of KEMET Corporation (NYSE:KEM) has “Buy” rating given on Friday, February 2 by FBR Capital. The stock of KEMET Corporation (NYSE:KEM) earned “Hold” rating by Stifel Nicolaus on Thursday, January 18. The company was maintained on Sunday, September 10 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, October 4 by Stifel Nicolaus.

Investors sentiment decreased to 1.43 in 2017 Q4. Its down 1.62, from 3.05 in 2017Q3. It fall, as 26 investors sold KEM shares while 49 reduced holdings. 49 funds opened positions while 58 raised stakes. 38.35 million shares or 49.61% less from 76.11 million shares in 2017Q3 were reported. Invesco Limited reported 0% stake. Globeflex Capital Ltd Partnership invested 0.23% in KEMET Corporation (NYSE:KEM). Los Angeles Cap & Equity Rech reported 182,332 shares. Ny State Common Retirement Fund stated it has 0% in KEMET Corporation (NYSE:KEM). Amer Intl Inc, a New York-based fund reported 43,282 shares. Gotham Asset Mngmt Lc owns 40,749 shares. Tudor Corporation Et Al has 15,423 shares. Bridgeway Mgmt Incorporated holds 0.05% in KEMET Corporation (NYSE:KEM) or 282,250 shares. The Illinois-based Guggenheim Cap Limited Liability has invested 0.01% in KEMET Corporation (NYSE:KEM). Nj State Employees Deferred Compensation Plan owns 40,000 shares. Northern reported 630,128 shares. Landscape Mngmt Limited holds 0.11% or 81,432 shares in its portfolio. State Of Tennessee Treasury Department owns 38,591 shares. Qs Invsts Ltd Liability Company reported 7,858 shares. Pacad Invest has 0.07% invested in KEMET Corporation (NYSE:KEM).

More recent KEMET Corporation (NYSE:KEM) news were published by: Globenewswire.com which released: “KEMET Reports Preliminary Fiscal Year and Fourth Quarter 2018 Results” on May 17, 2018. Also Benzinga.com published the news titled: “Earnings Scheduled For May 17, 2018” on May 17, 2018. Benzinga.com‘s news article titled: “48 Biggest Movers From Yesterday” with publication date: May 18, 2018 was also an interesting one.

Cipher Capital Lp, which manages about $339.00M and $1.26 billion US Long portfolio, upped its stake in Zynga Inc (NASDAQ:ZNGA) by 237,108 shares to 495,613 shares, valued at $1.98M in 2017Q4, according to the filing. It also increased its holding in Peabody Energy Corp New by 30,943 shares in the quarter, for a total of 73,076 shares, and has risen its stake in Amdocs Ltd (NASDAQ:DOX).

Since January 19, 2018, it had 0 buys, and 7 selling transactions for $3.06 million activity. $337,800 worth of KEMET Corporation (NYSE:KEM) shares were sold by Assaf Ronald James. 25,300 shares were sold by LOWE WILLIAM M JR, worth $439,943. 5,500 shares valued at $96,577 were sold by LOOF PER OLOF on Monday, February 12. Another trade for 20,000 shares valued at $362,561 was made by Meeks Charles C. JR on Wednesday, February 28. The insider BEDI GURMINDER S sold $501,634.

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.08, from 0.75 in 2017Q3. It is positive, as 4 investors sold LLL shares while 2 reduced holdings. 1 funds opened positions while 4 raised stakes. 183,126 shares or 22.81% less from 237,250 shares in 2017Q3 were reported. Naples Global Advsrs Limited Liability Company owns 0.11% invested in L3 Technologies, Inc. (NYSE:LLL) for 1,835 shares. Cibc World Mkts Corp reported 162,939 shares. Hanseatic Svcs Inc has invested 0.31% in L3 Technologies, Inc. (NYSE:LLL). Gemmer Asset Management Lc owns 77 shares or 0.01% of their US portfolio. Stanley accumulated 0.19% or 4,539 shares. Wedgewood Investors Pa invested 0.76% of its portfolio in L3 Technologies, Inc. (NYSE:LLL). West Oak Cap Ltd Liability Co accumulated 100 shares. 2,585 were accumulated by Covington Inv Advsrs. Oak Associates Limited Oh has invested 0.03% in L3 Technologies, Inc. (NYSE:LLL).

Analysts await L3 Technologies, Inc. (NYSE:LLL) to report earnings on July, 26. They expect $2.35 earnings per share, up 6.33% or $0.14 from last year’s $2.21 per share. LLL’s profit will be $184.43M for 20.63 P/E if the $2.35 EPS becomes a reality. After $2.34 actual earnings per share reported by L3 Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.43% EPS growth.

More news for L3 Technologies, Inc. (NYSE:LLL) were recently published by: Seekingalpha.com, which released: “L3 Technologies 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018. Bizjournals.com‘s article titled: “DFW units of Lockheed Martin, Raytheon and more awarded millions by US government” and published on May 14, 2018 is yet another important article.

Among 14 analysts covering L-3 Communications (NYSE:LLL), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. L-3 Communications had 60 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Hold” rating by RBC Capital Markets on Friday, October 6. The firm has “Hold” rating given on Monday, October 16 by Stifel Nicolaus. The stock has “Buy” rating by SunTrust on Thursday, January 25. On Friday, July 31 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm earned “Overweight” rating on Thursday, August 25 by JP Morgan. Deutsche Bank maintained L3 Technologies, Inc. (NYSE:LLL) rating on Friday, July 31. Deutsche Bank has “Buy” rating and $135 target. The stock has “Hold” rating by RBC Capital Markets on Friday, July 7. Citigroup initiated the stock with “Buy” rating in Tuesday, September 6 report. The company was maintained on Friday, September 29 by Jefferies. As per Wednesday, December 9, the company rating was maintained by RBC Capital Markets.

KEMET Corporation (NYSE:KEM) Institutional Positions Chart

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