Sva Plumb Wealth Management Has Raised General Electric Co Com (GE) Holding; Semtech Has 1.21 Sentiment

June 18, 2018 - By Migdalia James

Semtech Corporation (NASDAQ:SMTC) Logo

Semtech Corp (SMTC) investors sentiment increased to 1.21 in 2018 Q1. It’s up 0.10, from 1.11 in 2017Q4. The ratio is more positive, as 97 institutional investors increased and opened new stock positions, while 80 sold and decreased their stock positions in Semtech Corp. The institutional investors in our database now hold: 62.89 million shares, down from 63.42 million shares in 2017Q4. Also, the number of institutional investors holding Semtech Corp in top ten stock positions increased from 0 to 1 for an increase of 1. Sold All: 19 Reduced: 61 Increased: 66 New Position: 31.

Sva Plumb Wealth Management Llc increased General Electric Co Com (GE) stake by 56.68% reported in 2018Q1 SEC filing. Sva Plumb Wealth Management Llc acquired 93,431 shares as General Electric Co Com (GE)’s stock declined 0.14%. The Sva Plumb Wealth Management Llc holds 258,269 shares with $6.25M value, up from 164,838 last quarter. General Electric Co Com now has $114.39 billion valuation. The stock decreased 0.98% or $0.13 during the last trading session, reaching $13.17. About 31.39 million shares traded. General Electric Company (NYSE:GE) has declined 46.78% since June 18, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: ; 15/05/2018 – SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN GENERAL ELECTRIC CO; 20/04/2018 – Turkish Airlines chooses GE Aviation engines for new planes; 13/04/2018 – General Electric reduces 2016, 2017 earnings and revenue after accounting restatement; 02/04/2018 – VERITAS TO BUY GE HEALTHCARE’S VALUE-BASED CARE UNIT FOR $1.05B; 20/04/2018 – General Electric 1Q Adj EPS 16c; 10/05/2018 – Franklin Templeton Adds Union Pacific, Exits GE, Cuts CIBC: 13F; 10/04/2018 – Indian Railways says deaths, injuries from accidents fall amid safety crackdown; 20/03/2018 – Baker Hughes GE hunts for small oil, gas projects in Asia; 22/05/2018 – INDIA’S GE POWER INDIA LTD GEPO.NS – MARCH QTR NET PROFIT 515.5 MLN RUPEES VS PROFIT 390.4 MLN RUPEES YR AGO; 21/05/2018 – WABTEC – TRANSACTION IS VALUED AT APPROXIMATELY $11.1 BILLION

Sg Capital Management Llc holds 2.82% of its portfolio in Semtech Corporation for 376,574 shares. Penn Capital Management Co Inc owns 406,702 shares or 1.25% of their US portfolio. Moreover, Rice Hall James & Associates Llc has 1.22% invested in the company for 802,111 shares. The Massachusetts-based Frontier Capital Management Co Llc has invested 1.06% in the stock. Stephens Investment Management Group Llc, a Texas-based fund reported 1.21 million shares.

Since January 1, 0001, it had 0 buys, and 40 selling transactions for $16.81 million activity.

Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products. The company has market cap of $3.32 billion. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications. It has a 92.78 P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.

Analysts await Semtech Corporation (NASDAQ:SMTC) to report earnings on August, 29. They expect $0.29 earnings per share, 0.00% or $0.00 from last year’s $0.29 per share. SMTC’s profit will be $19.19M for 43.19 P/E if the $0.29 EPS becomes a reality. After $0.18 actual earnings per share reported by Semtech Corporation for the previous quarter, Wall Street now forecasts 61.11% EPS growth.

More notable recent Semtech Corporation (NASDAQ:SMTC) news were published by: Globenewswire.com which released: “Semtech Announces First Quarter of Fiscal Year 2019 Results” on May 30, 2018, also Seekingalpha.com with their article: “Semtech -0.9% on Q1 beats, in-line guidance” published on May 30, 2018, Globenewswire.com published: “Semtech to Present Educational Sessions at InfoComm 2018” on May 24, 2018. More interesting news about Semtech Corporation (NASDAQ:SMTC) were released by: Nasdaq.com and their article: “Semtech Presents Value Proposition of LoRa Technology for IMC’s LPWAN Webinar” published on May 31, 2018 as well as Nasdaq.com‘s news article titled: “Semtech Introduces Tri-Edge, A PAM4 CDR Platform for Data Center Applications” with publication date: May 29, 2018.

The stock decreased 1.18% or $0.6 during the last trading session, reaching $50.1. About 87,670 shares traded. Semtech Corporation (SMTC) has risen 23.02% since June 18, 2017 and is uptrending. It has outperformed by 10.45% the S&P500. Some Historical SMTC News: ; 29/03/2018 – Semtech and KernelSphere Collaborate to Enhance Utility Performance in India; 26/04/2018 – Semtech Announces Immediate Availability of Expanded Feature Set for BlueRiver™ AV-over-IP Platform; 20/03/2018 – Semtech’s LoRa Technology Enables Smart Soil Sensors; 20/03/2018 – Semtech’s LoRa Technology Enables Smart Soil Sensors; 09/05/2018 – SEMTECH CORP SMTC.O : RBC RAISES TO OUTPERFORM FROM SECTOR PERFORM; 14/03/2018 – SEMTECH CORP QTRLY GAAP SHR LOSS $0.02; 21/05/2018 – Semtech and Comcast’s machineQ Sponsor City Innovate to Foster Development of Smart Cities; 09/04/2018 – Semtech’s LoRa Technology Expands Presence as Leading Internet of Things (IoT) Platform in China; 05/04/2018 – Semtech and loTsens Deliver a Smart Water Solution for Smart City Pilot in Spain; 12/04/2018 – Semtech Releases Next-Generation LinkCharge® LP (Low Power) Wireless Charging Platform

Ratings analysis reveals 67% of Semtech’s analysts are positive. Out of 3 Wall Street analysts rating Semtech, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $32.0 while the high is $32.0. The stock’s average target of $32 is -36.13% below today’s ($50.1) share price. SMTC was included in 3 notes of analysts from September 1, 2016. The stock of Semtech Corporation (NASDAQ:SMTC) has “Outperform” rating given on Thursday, December 1 by Oppenheimer. Drexel Hamilton maintained it with “Buy” rating and $32.0 target in Thursday, September 1 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, December 1.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It increased, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Hourglass Cap Limited Co holds 0.04% or 13,500 shares. 62,585 were reported by Ipg Invest Advisors Ltd Company. Hodges Capital Mgmt accumulated 10,651 shares. Nelson Van Denburg Campbell Wealth Management Gru Ltd has invested 0.03% of its portfolio in General Electric Company (NYSE:GE). Equitec Proprietary Mkts Limited stated it has 0.03% in General Electric Company (NYSE:GE). Pinnacle Wealth Mngmt Advisory Group Limited Liability Com invested in 0.13% or 16,411 shares. 10,000 are held by Glovista Invests Ltd Liability. Moody Bank & Trust Tru Division holds 98,082 shares or 0.07% of its portfolio. Bailard accumulated 20,157 shares. North Star Asset Inc reported 237,291 shares. Nadler Fincl Inc has invested 0.09% in General Electric Company (NYSE:GE). Segment Wealth Mgmt Limited Co holds 0.07% or 19,636 shares in its portfolio. Foster & Motley has 18,016 shares. Gotham Asset Llc has 1.35 million shares. Welch And Forbes Limited Liability Co stated it has 1.14M shares or 0.4% of all its holdings.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, June 13. The stock of General Electric Company (NYSE:GE) has “Underweight” rating given on Thursday, May 12 by JP Morgan. RBC Capital Markets maintained it with “Hold” rating and $1500 target in Monday, April 23 report. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 10. On Monday, November 30 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Buy” rating given on Friday, October 14 by UBS. On Friday, April 27 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Buy” rating on Thursday, January 25 by Citigroup. The stock has “Sell” rating by DZ Bank on Wednesday, March 28. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, November 14.

More notable recent General Electric Company (NYSE:GE) news were published by: Thestreet.com which released: “Why GE’s Stock Has Fallen 9% in the Last 30 Days” on June 17, 2018, also Livetradingnews.com with their article: “General Electric Company (NYSE:GE) Fallen 9% in the Last 30 Days” published on June 18, 2018, Seekingalpha.com published: “General Electric’s Digital Growth Is Impressive” on June 13, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “Warren: Your $20/Share GE Lunch Is Served” published on June 13, 2018 as well as Businesswire.com‘s news article titled: “Mayor Ted Wheeler, City Officials and Intel, AT&T, Current by GE, and PGE celebrate Traffic Safety Sensor Project” with publication date: June 18, 2018.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $43,446 activity. Shares for $43,446 were bought by DIMITRIEF ALEXANDER.

Semtech Corporation (NASDAQ:SMTC) Institutional Positions Chart

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