Levin Capital Strategies LP Trimmed Nxp Semiconductors N V (NXPI) Stake by $1.25 Million; East Coast Asset Management Has Lifted Its Priceline Grp (PCLN) Holding

February 17, 2018 - By Linda Rogers

John A. Levin decreased its stake in Nxp Semiconductors N V (NXPI) by 5.46% based on its latest 2017Q3 regulatory filing with the SEC. Levin Capital Strategies Lp sold 11,057 shares as the company’s stock rose 5.22% with the market. The hedge fund run by John A. Levin held 191,568 shares of the semiconductors company at the end of 2017Q3, valued at $21.66 million, down from 202,625 at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $40.18B market cap company. The stock increased 1.35% or $1.58 during the last trading session, reaching $118.5. About 5.10 million shares traded or 87.75% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 17, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

East Coast Asset Management Llc increased its stake in Priceline Grp Inc (PCLN) by 47.57% based on its latest 2017Q3 regulatory filing with the SEC. East Coast Asset Management Llc bought 2,013 shares as the company’s stock rose 10.44% with the market. The institutional investor held 6,245 shares of the business services company at the end of 2017Q3, valued at $11.43M, up from 4,232 at the end of the previous reported quarter. East Coast Asset Management Llc who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $91.93B market cap company. The stock increased 0.79% or $14.75 during the last trading session, reaching $1885. About 559,426 shares traded or 25.53% up from the average. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since February 17, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Levin Capital Strategies Lp, which manages about $8.28 billion and $5.90B US Long portfolio, upped its stake in Pinnacle Foods Inc Del (NYSE:PF) by 595,325 shares to 3.69M shares, valued at $211.00 million in 2017Q3, according to the filing. It also increased its holding in Golar Lng Ltd Bermuda (NASDAQ:GLNG) by 137,185 shares in the quarter, for a total of 653,712 shares, and has risen its stake in Alphabet Inc.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 64 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, October 28 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Mizuho maintained it with “Hold” rating and $11000 target in Wednesday, May 31 report. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has “Hold” rating given on Monday, October 16 by BMO Capital Markets. Sterne Agee CRT initiated the shares of NXPI in report on Wednesday, September 9 with “Buy” rating. The firm has “Overweight” rating by Pacific Crest given on Friday, April 8. The firm has “Hold” rating given on Wednesday, October 18 by Jefferies. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned “Buy” rating by Needham on Thursday, September 7. The rating was maintained by FBR Capital on Wednesday, November 18 with “Outperform”. On Friday, October 30 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by Mizuho on Thursday, August 3 with “Hold”.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 99 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained The Priceline Group Inc. (NASDAQ:PCLN) on Wednesday, August 9 with “Buy” rating. The company was maintained on Thursday, November 16 by KeyBanc Capital Markets. Barclays Capital maintained it with “Overweight” rating and $2100 target in Wednesday, August 9 report. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Buy” rating given on Thursday, September 28 by Needham. On Wednesday, October 4 the stock rating was maintained by SunTrust with “Buy”. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, November 10 report. Deutsche Bank maintained it with “Buy” rating and $1450 target in Friday, August 5 report. CLSA initiated The Priceline Group Inc. (NASDAQ:PCLN) on Thursday, December 8 with “Buy” rating. As per Friday, December 1, the company rating was downgraded by Argus Research. The stock has “Neutral” rating by Guggenheim on Wednesday, May 4.

East Coast Asset Management Llc, which manages about $377.39 million and $381.68M US Long portfolio, decreased its stake in Fiat Chrysler Automobiles N by 17,875 shares to 233,075 shares, valued at $4.17 million in 2017Q3, according to the filing. It also reduced its holding in Deere & Co (NYSE:DE) by 8,123 shares in the quarter, leaving it with 125,700 shares, and cut its stake in General Electric Co (NYSE:GE).

Since August 15, 2017, it had 0 insider buys, and 4 selling transactions for $913,734 activity.

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