Rk Asset Management Trimmed Syntel (SYNT) Position by $478,475; Valuation Rose; As Argo Group International (AGII) Stock Price Were Volatile, Investment Counselors Of Maryland Upped by $2.56 Million Its Stake

June 14, 2018 - By wolcottdaily

Syntel, Inc. (NASDAQ:SYNT) Logo

Rk Asset Management Llc decreased its stake in Syntel Inc (SYNT) by 7.5% based on its latest 2018Q1 regulatory filing with the SEC. Rk Asset Management Llc sold 19,139 shares as the company’s stock rose 18.09% while stock markets declined. The institutional investor held 235,941 shares of the technology company at the end of 2018Q1, valued at $6.02M, down from 255,080 at the end of the previous reported quarter. Rk Asset Management Llc who had been investing in Syntel Inc for a number of months, seems to be less bullish one the $2.77B market cap company. The stock decreased 0.57% or $0.19 during the last trading session, reaching $33.43. About 359,529 shares traded. Syntel, Inc. (NASDAQ:SYNT) has risen 70.15% since June 14, 2017 and is uptrending. It has outperformed by 57.58% the S&P500.

Investment Counselors Of Maryland Llc increased its stake in Argo Group International (AGII) by 15.05% based on its latest 2018Q1 regulatory filing with the SEC. Investment Counselors Of Maryland Llc bought 44,963 shares as the company’s stock 0.00% . The institutional investor held 343,807 shares of the finance company at the end of 2018Q1, valued at $19.74 million, up from 298,844 at the end of the previous reported quarter. Investment Counselors Of Maryland Llc who had been investing in Argo Group International for a number of months, seems to be bullish on the $1.98 billion market cap company. The stock increased 5.37% or $3 during the last trading session, reaching $58.85. About 195,111 shares traded or 34.53% up from the average. Argo Group International Holdings, Ltd. (NASDAQ:AGII) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical AGII News: 23/04/2018 – Argo Group Intl Hldgs: Argo Will Change Ticker Symbol From AGII to ARGO; 13/03/2018 – ARGO GROUP INTERNATIONAL HOLDINGS – ACQUIRED ITALIAN SPECIALTY INSURER ARISCOM. EFFECTIVE IMMEDIATELY; 09/03/2018 FDA: Argo Medical Technologies Ltd- ReWalk Personal 6.0. Catalog number: 50-20-0004; 05/04/2018 – ARGO GOLD COMPLETES SALE OF ROCKSTAR GOLD PROPERTY; 13/03/2018 – ARGO GROUP INTERNATIONAL HOLDINGS LTD – IN COMING MONTHS, ARGOGLOBAL WILL REBRAND ARISCOM; 21/03/2018 – DGAP-NEWS: ARGO GOLD ENTERS INTO AGREEMENT TO SELL ROCKSTAR GOLD PROPERTY; 13/03/2018 – ARGO GROUP REPORTS PURCHASE OF ARISCOM; 26/03/2018 – Argo Graphics Reports Parent Annual Earnings Forecasts; 19/03/2018 – Argo Translation Receives ISO 13485:2016 Registration; 03/05/2018 – Argo Group Intl Hldgs 1Q EPS 71c

Investors sentiment increased to 1.75 in Q1 2018. Its up 0.06, from 1.69 in 2017Q4. It is positive, as 15 investors sold SYNT shares while 45 reduced holdings. 38 funds opened positions while 67 raised stakes. 31.74 million shares or 1.27% less from 32.15 million shares in 2017Q4 were reported. Goldman Sachs Grp Inc holds 0% in Syntel, Inc. (NASDAQ:SYNT) or 752,439 shares. Roberts Glore Co Il invested in 0.36% or 22,900 shares. Btim owns 462,018 shares. Moreover, Schwab Charles Invest Inc has 0.01% invested in Syntel, Inc. (NASDAQ:SYNT) for 426,897 shares. Advisory Net Ltd Llc holds 0.01% in Syntel, Inc. (NASDAQ:SYNT) or 3,236 shares. Moreover, Bluemountain Cap Mngmt Ltd Liability has 0.03% invested in Syntel, Inc. (NASDAQ:SYNT) for 43,091 shares. 74,840 were accumulated by Gam Holdings Ag. Qs Invsts Ltd Llc, New York-based fund reported 492 shares. Schroder Investment Management Group Inc holds 0.05% in Syntel, Inc. (NASDAQ:SYNT) or 1.07 million shares. Voya Invest Mngmt Ltd Liability has invested 0% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). D E Shaw holds 0.01% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 336,429 shares. Hays Advisory Limited Liability Company reported 0.5% stake. Benjamin F Edwards And invested in 0% or 1,677 shares. Hussman Strategic Advsr reported 125,000 shares or 0.88% of all its holdings. Ubs Asset Mgmt Americas holds 0% or 22,414 shares in its portfolio.

Among 14 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 0 Sell and 13 Hold. Therefore 7% are positive. Syntel Inc. had 41 analyst reports since August 14, 2015 according to SRatingsIntel. William Blair upgraded the shares of SYNT in report on Wednesday, October 18 to “Market Perform” rating. Maxim Group downgraded the stock to “Hold” rating in Friday, July 15 report. The firm earned “Neutral” rating on Tuesday, September 13 by Robert W. Baird. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Hold” rating by Cowen & Co on Tuesday, August 22. On Tuesday, January 10 the stock rating was initiated by Loop Capital with “Buy”. The stock has “Hold” rating by SunTrust on Friday, February 16. The firm has “Neutral” rating by JP Morgan given on Monday, January 11. Susquehanna maintained it with “Hold” rating and $2800 target in Friday, April 20 report. Wells Fargo downgraded the stock to “Sell” rating in Friday, December 29 report. The rating was maintained by Robert W. Baird on Thursday, April 5 with “Hold”.

Since December 15, 2017, it had 0 insider purchases, and 6 sales for $1.68 million activity. The insider Venkatesan Sundarraj sold $133,477. $1.36 million worth of Syntel, Inc. (NASDAQ:SYNT) was sold by Ranade Prashant on Wednesday, February 21. $952 worth of Syntel, Inc. (NASDAQ:SYNT) was sold by Salelkar Avinash. Another trade for 33 shares valued at $840 was made by Andradi Ben on Friday, December 15. $1,553 worth of Syntel, Inc. (NASDAQ:SYNT) shares were sold by Gangidi Narendar Reddy. Aggarwal Rahul B. also sold $47,981 worth of Syntel, Inc. (NASDAQ:SYNT) shares.

Analysts await Syntel, Inc. (NASDAQ:SYNT) to report earnings on July, 19. They expect $0.44 earnings per share, 0.00% or $0.00 from last year’s $0.44 per share. SYNT’s profit will be $36.51M for 18.99 P/E if the $0.44 EPS becomes a reality. After $0.55 actual earnings per share reported by Syntel, Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Among 5 analysts covering Argo Group International Holdings (NASDAQ:AGII), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Argo Group International Holdings had 7 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wood on Thursday, December 28. The firm earned “Hold” rating on Monday, September 18 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods with “Market Perform” on Friday, May 13. On Thursday, December 10 the stock rating was initiated by Piper Jaffray with “Overweight”. Keefe Bruyette & Woods upgraded Argo Group International Holdings, Ltd. (NASDAQ:AGII) on Thursday, December 28 to “Buy” rating. The stock of Argo Group International Holdings, Ltd. (NASDAQ:AGII) earned “Mkt Perform” rating by JMP Securities on Monday, June 27.

Investment Counselors Of Maryland Llc, which manages about $2.15B and $1.96 billion US Long portfolio, decreased its stake in Compass Diversified Holdings (NYSE:CODI) by 28,300 shares to 989,142 shares, valued at $16.22M in 2018Q1, according to the filing. It also reduced its holding in Bio Rad Labs Inc Cl A (NYSE:BIO) by 66,119 shares in the quarter, leaving it with 1,215 shares, and cut its stake in Virtusa Corp (NASDAQ:VRTU).

Syntel, Inc. (NASDAQ:SYNT) 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

>