Cipher Capital LP Has Increased Holding in Enerplus (ERF); Oberweis Asset Management Trimmed First Internet Bancorp (INBK) Holding by $332,800; Stock Declined

February 15, 2018 - By Michael Collier

Cipher Capital Lp increased its stake in Enerplus Corp (ERF) by 240.07% based on its latest 2017Q3 regulatory filing with the SEC. Cipher Capital Lp bought 78,947 shares as the company’s stock declined 10.68% while stock markets rallied. The hedge fund held 111,832 shares of the oil & gas production company at the end of 2017Q3, valued at $1.10 million, up from 32,885 at the end of the previous reported quarter. Cipher Capital Lp who had been investing in Enerplus Corp for a number of months, seems to be bullish on the $2.55B market cap company. The stock increased 0.76% or $0.08 during the last trading session, reaching $10.62. About 1.19M shares traded or 4.28% up from the average. Enerplus Corporation (NYSE:ERF) has risen 69.92% since February 15, 2017 and is uptrending. It has outperformed by 53.22% the S&P500.

Oberweis Asset Management Inc decreased its stake in First Internet Bancorp (INBK) by 31.47% based on its latest 2017Q3 regulatory filing with the SEC. Oberweis Asset Management Inc sold 10,400 shares as the company’s stock declined 16.32% while stock markets rallied. The institutional investor held 22,650 shares of the major banks company at the end of 2017Q3, valued at $732,000, down from 33,050 at the end of the previous reported quarter. Oberweis Asset Management Inc who had been investing in First Internet Bancorp for a number of months, seems to be less bullish one the $312.89 million market cap company. The stock decreased 0.40% or $0.15 during the last trading session, reaching $37.2. About 13,034 shares traded. First Internet Bancorp (NASDAQ:INBK) has risen 9.91% since February 15, 2017 and is uptrending. It has underperformed by 6.79% the S&P500.

Oberweis Asset Management Inc, which manages about $1.10B and $359.32 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Trust (SPY) by 3,070 shares to 11,313 shares, valued at $2.84 million in 2017Q3, according to the filing. It also increased its holding in Amn Healthcare Svcs (NYSE:AHS) by 9,700 shares in the quarter, for a total of 130,490 shares, and has risen its stake in Carbonite Inc. (NASDAQ:CARB).

Investors sentiment increased to 4.27 in 2017 Q3. Its up 2.66, from 1.61 in 2017Q2. It increased, as 3 investors sold INBK shares while 12 reduced holdings. 26 funds opened positions while 38 raised stakes. 10.66 million shares or 181.88% more from 3.78 million shares in 2017Q2 were reported. Kennedy Cap Mngmt invested in 0.19% or 333,169 shares. Manufacturers Life Ins The holds 0% or 5,918 shares. Trexquant Ltd Partnership owns 15,407 shares or 0.13% of their US portfolio. Stanley reported 18,466 shares stake. New York State Common Retirement Fund stated it has 6,200 shares. Teton Advisors Inc stated it has 0.1% in First Internet Bancorp (NASDAQ:INBK). Thrivent Financial For Lutherans, a Minnesota-based fund reported 1,065 shares. Stifel has invested 0.02% of its portfolio in First Internet Bancorp (NASDAQ:INBK). Banc Funds Co Limited Co holds 0.15% of its portfolio in First Internet Bancorp (NASDAQ:INBK) for 104,000 shares. Lsv Asset reported 3,300 shares. Bancorporation Of New York Mellon invested in 0% or 29,693 shares. Citigroup Inc holds 3,586 shares. American Intl Grp owns 4,129 shares for 0% of their portfolio. Deutsche Savings Bank Ag reported 0% in First Internet Bancorp (NASDAQ:INBK). Ameritas Ptnrs Inc holds 405 shares or 0% of its portfolio.

Among 4 analysts covering First Internet Bancorp (NASDAQ:INBK), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. First Internet Bancorp had 14 analyst reports since July 27, 2015 according to SRatingsIntel. On Monday, October 23 the stock rating was maintained by Maxim Group with “Buy”. The stock of First Internet Bancorp (NASDAQ:INBK) has “Buy” rating given on Thursday, July 27 by Keefe Bruyette & Woods. The stock of First Internet Bancorp (NASDAQ:INBK) earned “Buy” rating by Maxim Group on Friday, July 21. The rating was maintained by Maxim Group on Monday, July 27 with “Buy”. Keefe Bruyette & Woods initiated the stock with “Outperform” rating in Tuesday, January 10 report. Maxim Group maintained First Internet Bancorp (NASDAQ:INBK) on Friday, October 20 with “Buy” rating. The firm earned “Buy” rating on Monday, September 18 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Buy” rating and $48.0 target in Thursday, December 21 report. The firm has “Buy” rating given on Thursday, October 19 by Keefe Bruyette & Woods. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, January 19.

- 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 Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>