Neophotonics (NPTN) Market Valuation Declined While Cooper Creek Partners Management Boosted Holding; Royal Gold (RGLD) Share Price Rose While Carmignac Gestion Has Lowered Its Stake by $688,000

February 18, 2018 - By Clifton Ray

Cooper Creek Partners Management Llc increased its stake in Neophotonics Corp (NPTN) by 96.98% based on its latest 2017Q3 regulatory filing with the SEC. Cooper Creek Partners Management Llc bought 572,625 shares as the company’s stock declined 30.87% while stock markets rallied. The hedge fund held 1.16M shares of the semiconductors company at the end of 2017Q3, valued at $6.47M, up from 590,431 at the end of the previous reported quarter. Cooper Creek Partners Management Llc who had been investing in Neophotonics Corp for a number of months, seems to be bullish on the $269.82M market cap company. The stock increased 3.37% or $0.2 during the last trading session, reaching $6.14. About 627,669 shares traded. NeoPhotonics Corporation (NYSE:NPTN) has declined 9.58% since February 18, 2017 and is downtrending. It has underperformed by 26.28% the S&P500.

Carmignac Gestion decreased its stake in Royal Gold Inc (RGLD) by 5.52% based on its latest 2017Q3 regulatory filing with the SEC. Carmignac Gestion sold 8,000 shares as the company’s stock rose 12.65% with the market. The institutional investor held 137,000 shares of the basic industries company at the end of 2017Q3, valued at $11.79M, down from 145,000 at the end of the previous reported quarter. Carmignac Gestion who had been investing in Royal Gold Inc for a number of months, seems to be less bullish one the $5.56 billion market cap company. The stock decreased 0.70% or $0.6 during the last trading session, reaching $84.99. About 594,237 shares traded. Royal Gold, Inc. (NASDAQ:RGLD) has risen 42.70% since February 18, 2017 and is uptrending. It has outperformed by 26.00% the S&P500.

Among 12 analysts covering Royal Gold Inc. (NASDAQ:RGLD), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Royal Gold Inc. had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Royal Gold, Inc. (NASDAQ:RGLD) has “Neutral” rating given on Friday, November 11 by Goldman Sachs. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 10 report. RBC Capital Markets maintained Royal Gold, Inc. (NASDAQ:RGLD) on Monday, August 14 with “Buy” rating. The stock of Royal Gold, Inc. (NASDAQ:RGLD) earned “Mkt Perform” rating by FBR Capital on Wednesday, July 6. FBR Capital maintained Royal Gold, Inc. (NASDAQ:RGLD) on Friday, August 12 with “Mkt Perform” rating. On Friday, January 8 the stock rating was downgraded by IBC to “Sector Perform”. The rating was downgraded by Canaccord Genuity to “Hold” on Thursday, December 28. Canaccord Genuity maintained Royal Gold, Inc. (NASDAQ:RGLD) on Friday, October 20 with “Buy” rating. RBC Capital Markets maintained Royal Gold, Inc. (NASDAQ:RGLD) on Tuesday, September 19 with “Buy” rating. BMO Capital Markets maintained Royal Gold, Inc. (NASDAQ:RGLD) on Wednesday, June 28 with “Buy” rating.

Carmignac Gestion, which manages about $13.01B US Long portfolio, upped its stake in Cresud S.A. (NASDAQ:CRESY) by 33,533 shares to 495,345 shares, valued at $9.25M in 2017Q3, according to the filing. It also increased its holding in Concho Resources Inc (NYSE:CXO) by 189,251 shares in the quarter, for a total of 2.66M shares, and has risen its stake in Mueller Industries Inc (NYSE:MLI).

Since August 16, 2017, it had 0 insider purchases, and 7 sales for $3.54 million activity. Another trade for 2,262 shares valued at $206,860 was sold by Anderson Karli S.. Kirchhoff Bruce Christopher sold $2.49M worth of Royal Gold, Inc. (NASDAQ:RGLD) on Wednesday, August 16. Shares for $306,607 were sold by JENSEN TONY A on Wednesday, August 16. Shares for $936,938 were sold by Hayes William M. on Wednesday, August 16.

Investors sentiment increased to 1.41 in Q3 2017. Its up 0.03, from 1.38 in 2017Q2. It is positive, as 21 investors sold RGLD shares while 69 reduced holdings. 42 funds opened positions while 85 raised stakes. 46.63 million shares or 2.43% more from 45.52 million shares in 2017Q2 were reported. Federated Invsts Pa has invested 0.01% in Royal Gold, Inc. (NASDAQ:RGLD). Moreover, Hsbc Holdings Public Ltd Limited Liability Company has 0% invested in Royal Gold, Inc. (NASDAQ:RGLD) for 6,189 shares. Ameriprise Financial has invested 0.01% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD). Riverhead Limited Liability Com has invested 0.03% in Royal Gold, Inc. (NASDAQ:RGLD). State Board Of Administration Of Florida Retirement Sys owns 109,613 shares for 0.03% of their portfolio. Gabelli Funds Limited Liability Corp holds 0.33% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD) for 669,700 shares. Amalgamated Commercial Bank holds 0.03% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD) for 12,619 shares. Metropolitan Life Insur reported 0.03% in Royal Gold, Inc. (NASDAQ:RGLD). Thrivent Fin For Lutherans, Minnesota-based fund reported 14,970 shares. California Pub Employees Retirement System holds 0.02% or 163,015 shares. Moreover, Wolverine Asset Mngmt Llc has 0.01% invested in Royal Gold, Inc. (NASDAQ:RGLD) for 6,247 shares. Parkside Commercial Bank And Trust invested in 20,407 shares or 0.69% of the stock. Kbc Group Nv has invested 0.07% in Royal Gold, Inc. (NASDAQ:RGLD). Manufacturers Life Insurance Comm The has invested 0.01% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD). U S Global Investors accumulated 0.23% or 7,122 shares.

Investors sentiment increased to 1.36 in 2017 Q3. Its up 0.36, from 1 in 2017Q2. It increased, as 16 investors sold NPTN shares while 20 reduced holdings. 17 funds opened positions while 32 raised stakes. 29.02 million shares or 4.75% less from 30.47 million shares in 2017Q2 were reported. 1.52 million are owned by Vanguard Group. American International Grp Inc Inc holds 21,669 shares or 0% of its portfolio. Deutsche Financial Bank Ag reported 0% stake. Victory Mgmt stated it has 0% of its portfolio in NeoPhotonics Corporation (NYSE:NPTN). White Pine Cap Limited Liability stated it has 0% of its portfolio in NeoPhotonics Corporation (NYSE:NPTN). Goldman Sachs Group reported 140,949 shares. State Common Retirement Fund owns 28,500 shares for 0% of their portfolio. Princeton Mngmt reported 0.13% in NeoPhotonics Corporation (NYSE:NPTN). Parametric Assoc Ltd Com has 63,456 shares for 0% of their portfolio. Aqr Cap Mgmt Ltd Liability stated it has 397,729 shares or 0% of all its holdings. Great West Life Assurance Can holds 0% or 3,200 shares in its portfolio. Manufacturers Life Insurance Comm The reported 27,917 shares. Ameritas Investment Ptnrs Inc has invested 0% in NeoPhotonics Corporation (NYSE:NPTN). Cooper Creek Partners Management Ltd Company reported 1.16 million shares. Northwestern Mutual Wealth Management stated it has 0% of its portfolio in NeoPhotonics Corporation (NYSE:NPTN).

Among 11 analysts covering NeoPhotonics (NYSE:NPTN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. NeoPhotonics had 29 analyst reports since August 7, 2015 according to SRatingsIntel. Rosenblatt initiated the shares of NPTN in report on Thursday, May 25 with “Buy” rating. B. Riley & Co maintained the stock with “Neutral” rating in Tuesday, November 7 report. The stock of NeoPhotonics Corporation (NYSE:NPTN) has “Outperform” rating given on Monday, August 10 by Raymond James. The rating was maintained by Needham with “Strong Buy” on Monday, September 12. Piper Jaffray initiated the shares of NPTN in report on Tuesday, February 23 with “Overweight” rating. The company was downgraded on Friday, November 6 by Raymond James. As per Friday, October 6, the company rating was maintained by Cowen & Co. On Tuesday, August 18 the stock rating was initiated by Northland Capital with “Outperform”. As per Monday, July 24, the company rating was downgraded by Raymond James. The rating was maintained by Northland Capital on Friday, September 15 with “Buy”.

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