Teachers Retirement System Of The State Of Kentucky Has Increased Finisar (FNSR) Position by $499,950; Stock Declined; As China Lodging Group LTD (HTHT) Stock Price Rose, Matthews International Capital Management Has Decreased Position

February 16, 2018 - By Michael Collier

Teachers Retirement System Of The State Of Kentucky increased its stake in Finisar Corp (FNSR) by 27.93% based on its latest 2017Q3 regulatory filing with the SEC. Teachers Retirement System Of The State Of Kentucky bought 22,725 shares as the company’s stock declined 30.13% while stock markets rallied. The institutional investor held 104,079 shares of the semiconductors company at the end of 2017Q3, valued at $2.31 million, up from 81,354 at the end of the previous reported quarter. Teachers Retirement System Of The State Of Kentucky who had been investing in Finisar Corp for a number of months, seems to be bullish on the $2.06 billion market cap company. The stock decreased 0.60% or $0.11 during the last trading session, reaching $18.09. About 934,240 shares traded. Finisar Corporation (NASDAQ:FNSR) has risen 53.92% since February 16, 2017 and is uptrending. It has outperformed by 37.22% the S&P500.

Matthews International Capital Management Llc decreased its stake in China Lodging Group Ltd (HTHT) by 39.76% based on its latest 2017Q3 regulatory filing with the SEC. Matthews International Capital Management Llc sold 131,200 shares as the company’s stock rose 35.67% with the market. The institutional investor held 198,800 shares of the consumer services company at the end of 2017Q3, valued at $23.62M, down from 330,000 at the end of the previous reported quarter. Matthews International Capital Management Llc who had been investing in China Lodging Group Ltd for a number of months, seems to be less bullish one the $10.42 billion market cap company. The stock increased 0.57% or $0.845 during the last trading session, reaching $148.315. About 146,498 shares traded. China Lodging Group, Limited (NASDAQ:HTHT) has risen 127.67% since February 16, 2017 and is uptrending. It has outperformed by 110.97% the S&P500.

Among 18 analysts covering Finisar Corporation (NASDAQ:FNSR), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. Finisar Corporation had 74 analyst reports since August 18, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded the shares of FNSR in report on Tuesday, September 6 to “Buy” rating. Northland Capital maintained the stock with “Buy” rating in Friday, December 8 report. The firm has “Equal Weight” rating given on Friday, September 9 by Barclays Capital. The company was maintained on Friday, June 17 by Jefferies. B. Riley & Co maintained Finisar Corporation (NASDAQ:FNSR) rating on Friday, June 16. B. Riley & Co has “Buy” rating and $3800 target. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, January 8. On Friday, February 2 the stock rating was maintained by Jefferies with “Buy”. Piper Jaffray maintained the stock with “Buy” rating in Friday, December 8 report. The firm earned “Buy” rating on Monday, October 31 by Needham. The company was reinitiated on Wednesday, November 1 by Jefferies.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.03, from 1.23 in 2017Q2. It increased, as 47 investors sold FNSR shares while 58 reduced holdings. 46 funds opened positions while 86 raised stakes. 100.50 million shares or 5.91% more from 94.89 million shares in 2017Q2 were reported. Shanda Asset Ltd invested in 45,000 shares or 0.13% of the stock. Metropolitan Life Company reported 76,336 shares stake. Pinnacle Assoc invested 0.52% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Deutsche Bankshares Ag invested in 0% or 169,419 shares. Paradigm Capital Management owns 2.1% invested in Finisar Corporation (NASDAQ:FNSR) for 1.10 million shares. Royal Bankshares Of Canada reported 51,490 shares. Rothschild Asset Mngmt stated it has 0.21% in Finisar Corporation (NASDAQ:FNSR). Tower Rech Capital Ltd Liability Company (Trc) invested in 0.03% or 15,616 shares. Proshare Advisors Limited Liability Company accumulated 11,659 shares or 0% of the stock. 14,497 were accumulated by Essex Invest Mgmt Llc. Engaged Cap Llc reported 229,461 shares. Deltec Asset Management Limited Liability Com reported 1.43% in Finisar Corporation (NASDAQ:FNSR). Jennison Associate Llc owns 11,077 shares for 0% of their portfolio. Commercial Bank Of Ny Mellon owns 577,972 shares for 0% of their portfolio. Kennedy Cap Mngmt Incorporated owns 0.1% invested in Finisar Corporation (NASDAQ:FNSR) for 244,786 shares.

Teachers Retirement System Of The State Of Kentucky, which manages about $8.32B US Long portfolio, decreased its stake in Align Technology Inc (NASDAQ:ALGN) by 1,810 shares to 13,700 shares, valued at $2.55 million in 2017Q3, according to the filing. It also reduced its holding in General Mtrs Co (NYSE:GM) by 387,301 shares in the quarter, leaving it with 153,198 shares, and cut its stake in Western Digital Corp (NASDAQ:WDC).

Since August 15, 2017, it had 0 insider buys, and 5 insider sales for $1.24 million activity. $541,998 worth of Finisar Corporation (NASDAQ:FNSR) was sold by RAWLS JERRY S on Wednesday, January 31. Shares for $150,957 were sold by Swanson Todd. Adzema Kurt also sold $443,554 worth of Finisar Corporation (NASDAQ:FNSR) shares. Shares for $37,478 were sold by Colyar Mark. FERGUSON ROGER C sold 2,726 shares worth $58,500.

Among 7 analysts covering China Lodging (NASDAQ:HTHT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. China Lodging had 14 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, February 3. The company was upgraded on Wednesday, October 14 by Credit Suisse. The rating was upgraded by TH Capital to “Buy” on Monday, November 9. Goldman Sachs upgraded China Lodging Group, Limited (NASDAQ:HTHT) on Thursday, October 8 to “Buy” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, August 17 report. The stock has “Buy” rating by Deutsche Bank on Friday, December 30. The stock of China Lodging Group, Limited (NASDAQ:HTHT) has “Buy” rating given on Wednesday, August 17 by Brean Capital. As per Wednesday, November 11, the company rating was upgraded by Deutsche Bank. Zacks downgraded China Lodging Group, Limited (NASDAQ:HTHT) on Thursday, August 20 to “Hold” rating. The firm has “Outperform” rating by Macquarie Research given on Thursday, November 12.

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