Capital Growth Management LP Has Boosted Royal Caribbean Cruises LTD (RCL) Stake; Covalent Partners Has Trimmed Universal Fst Prods (UFPI) Stake

February 15, 2018 - By Louis Casey

Covalent Partners Llc decreased Universal Fst Prods Inc (UFPI) stake by 33.65% reported in 2017Q3 SEC filing. Covalent Partners Llc sold 90,645 shares as Universal Fst Prods Inc (UFPI)’s stock declined 13.81%. The Covalent Partners Llc holds 178,721 shares with $17.54 million value, down from 269,366 last quarter. Universal Fst Prods Inc now has $2.19B valuation. The stock decreased 0.11% or $0.04 during the last trading session, reaching $35.79. About 89,210 shares traded. Universal Forest Products, Inc. (NASDAQ:UFPI) has risen 12.86% since February 15, 2017 and is uptrending. It has underperformed by 3.84% the S&P500.

Capital Growth Management Lp increased Royal Caribbean Cruises Ltd (RCL) stake by 7.58% reported in 2017Q3 SEC filing. Capital Growth Management Lp acquired 43,000 shares as Royal Caribbean Cruises Ltd (RCL)’s stock rose 11.49%. The Capital Growth Management Lp holds 610,000 shares with $72.31M value, up from 567,000 last quarter. Royal Caribbean Cruises Ltd now has $30.96 billion valuation. The stock increased 0.85% or $1.11 during the last trading session, reaching $131.64. About 618,858 shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 38.22% since February 15, 2017 and is uptrending. It has outperformed by 21.52% the S&P500.

Analysts await Universal Forest Products, Inc. (NASDAQ:UFPI) to report earnings on February, 28. They expect $0.43 EPS, up 26.47% or $0.09 from last year’s $0.34 per share. UFPI’s profit will be $26.30M for 20.81 P/E if the $0.43 EPS becomes a reality. After $0.55 actual EPS reported by Universal Forest Products, Inc. for the previous quarter, Wall Street now forecasts -21.82% negative EPS growth.

Investors sentiment decreased to 1.09 in Q3 2017. Its down 0.17, from 1.26 in 2017Q2. It dived, as 25 investors sold UFPI shares while 52 reduced holdings. 27 funds opened positions while 57 raised stakes. 16.27 million shares or 0.09% more from 16.25 million shares in 2017Q2 were reported. Hancock Holdings invested 0.06% in Universal Forest Products, Inc. (NASDAQ:UFPI). Howe Rusling holds 0% or 33 shares. Amalgamated Bankshares accumulated 2,753 shares. State Board Of Administration Of Florida Retirement System holds 7,517 shares. California State Teachers Retirement System, a California-based fund reported 32,024 shares. Dimensional Fund Advsr Limited Partnership owns 1.60 million shares for 0.07% of their portfolio. The New York-based Blackrock Incorporated has invested 0.02% in Universal Forest Products, Inc. (NASDAQ:UFPI). Wellington Management Group Llp holds 7,427 shares. Ameriprise Fin owns 167,484 shares or 0.01% of their US portfolio. Teachers Retirement Sys Of The State Of Kentucky stated it has 7,500 shares. California Employees Retirement Systems reported 0% in Universal Forest Products, Inc. (NASDAQ:UFPI). Ironwood Investment Management Limited Liability reported 7,557 shares. State Of Tennessee Treasury Department, a Tennessee-based fund reported 17,922 shares. Grantham Mayo Van Otterloo And Co holds 0% in Universal Forest Products, Inc. (NASDAQ:UFPI) or 2,400 shares. Morgan Stanley holds 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 146,572 shares.

Since September 12, 2017, it had 0 buys, and 8 insider sales for $2.26 million activity. On Friday, September 15 the insider WEBSTER PATRICK M sold $88,575. GREENE CHARLES SCOTT sold $114,165 worth of stock. Another trade for 500 shares valued at $55,000 was made by COLE MICHAEL R on Thursday, October 26. $456,765 worth of stock was sold by COLEMAN ROBERT D on Tuesday, October 31. 20,000 Universal Forest Products, Inc. (NASDAQ:UFPI) shares with value of $743,880 were sold by MISSAD MATTHEW J.

Among 2 analysts covering Universal Forest Products (NASDAQ:UFPI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Universal Forest Products had 6 analyst reports since October 16, 2015 according to SRatingsIntel. The stock has “Neutral” rating by DA Davidson on Friday, October 16. DA Davidson upgraded Universal Forest Products, Inc. (NASDAQ:UFPI) on Tuesday, January 12 to “Neutral” rating. The firm has “Hold” rating given on Tuesday, October 17 by BMO Capital Markets. The stock of Universal Forest Products, Inc. (NASDAQ:UFPI) earned “Buy” rating by DA Davidson on Thursday, October 20. The stock has “Underperform” rating by DA Davidson on Tuesday, December 8.

Among 23 analysts covering Royal Caribbean Cruises Ltd. (NYSE:RCL), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Royal Caribbean Cruises Ltd. had 66 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Buckingham Research with “Buy” on Wednesday, November 8. On Thursday, July 20 the stock rating was upgraded by JP Morgan to “Overweight”. The stock has “Buy” rating by Wedbush on Thursday, January 25. The rating was downgraded by Macquarie Research to “Neutral” on Thursday, November 30. Berenberg upgraded Royal Caribbean Cruises Ltd. (NYSE:RCL) on Thursday, January 11 to “Buy” rating. The stock of Royal Caribbean Cruises Ltd. (NYSE:RCL) earned “Buy” rating by Goldman Sachs on Tuesday, April 26. The firm has “Outperform” rating by Bernstein given on Friday, September 9. The stock has “Neutral” rating by Bank of America on Thursday, January 25. Wolfe Research initiated the stock with “Outperform” rating in Wednesday, November 18 report. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, May 26.

Capital Growth Management Lp decreased Lam Research Corp (NASDAQ:LRCX) stake by 110,000 shares to 252,000 valued at $46.63M in 2017Q3. It also reduced Thor Inds Inc (NYSE:THO) stake by 360,000 shares and now owns 90,000 shares. Southern Copper Corp (NYSE:SCCO) was reduced too.

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