As Jacobs Engineering (JEC) Stock Value Declined, Holder Paragon Capital Management Has Cut by $469,278 Its Holding; Bnp Paribas Arbitrage Sa Holding in Townebank Portsmouth Va (TOWN) Decreased as Valuation Declined

February 20, 2018 - By Marie Mckinney

Bnp Paribas Arbitrage Sa decreased its stake in Townebank Portsmouth Va (TOWN) by 18.74% based on its latest 2017Q3 regulatory filing with the SEC. Bnp Paribas Arbitrage Sa sold 1,560 shares as the company’s stock declined 11.20% while stock markets rallied. The institutional investor held 6,764 shares of the company at the end of 2017Q3, valued at $226.59M, down from 8,324 at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa who had been investing in Townebank Portsmouth Va for a number of months, seems to be less bullish one the $2.10B market cap company. The stock increased 0.68% or $0.2 during the last trading session, reaching $29.45. About 138,719 shares traded. TowneBank (NASDAQ:TOWN) has risen 40.97% since February 20, 2017 and is uptrending. It has outperformed by 24.27% the S&P500.

Paragon Capital Management Llc decreased its stake in Jacobs Engineering (JEC) by 5.5% based on its latest 2017Q3 regulatory filing with the SEC. Paragon Capital Management Llc sold 8,091 shares as the company’s stock declined 7.98% while stock markets rallied. The institutional investor held 138,921 shares of the military and government and technical company at the end of 2017Q3, valued at $8.09 million, down from 147,012 at the end of the previous reported quarter. Paragon Capital Management Llc who had been investing in Jacobs Engineering for a number of months, seems to be less bullish one the $8.95 billion market cap company. The stock decreased 0.82% or $0.52 during the last trading session, reaching $63.19. About 1.49 million shares traded or 31.63% up from the average. Jacobs Engineering Group Inc. (NYSE:JEC) has risen 8.36% since February 20, 2017 and is uptrending. It has underperformed by 8.34% the S&P500.

Among 6 analysts covering Towne Bank (NASDAQ:TOWN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Towne Bank had 19 analyst reports since August 24, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $34.0 target in Tuesday, October 31 report. Piper Jaffray maintained TowneBank (NASDAQ:TOWN) on Tuesday, January 30 with “Hold” rating. Bruyette & Woods” initiated TowneBank (NASDAQ:TOWN) on Monday, August 24 with “Mkt Perform” rating. The firm has “” rating given on Monday, August 24 by KBW. On Monday, February 5 the stock rating was maintained by Brean Capital with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $3200 target in Thursday, June 1 report. The firm has “Hold” rating given on Friday, December 1 by Brean Capital. The stock of TowneBank (NASDAQ:TOWN) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, January 25. Brean Capital maintained the shares of TOWN in report on Friday, January 26 with “Hold” rating. The company was maintained on Thursday, February 1 by Sandler O’Neill.

Bnp Paribas Arbitrage Sa, which manages about $40924.49B US Long portfolio, upped its stake in Carmax Inc (NYSE:KMX) by 30,856 shares to 100,207 shares, valued at $7.60B in 2017Q3, according to the filing. It also increased its holding in Milacron Hldgs Corp by 504 shares in the quarter, for a total of 6,258 shares, and has risen its stake in Occidental Pete Corp Del (Put) (NYSE:OXY).

Paragon Capital Management Llc, which manages about $100.95 million and $298.05M US Long portfolio, upped its stake in Tortoise Energy Infrastr (NYSE:TYG) by 38,227 shares to 296,881 shares, valued at $8.60M in 2017Q3, according to the filing.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.20, from 0.85 in 2017Q2. It increased, as 27 investors sold JEC shares while 149 reduced holdings. 53 funds opened positions while 131 raised stakes. 97.56 million shares or 2.93% less from 100.50 million shares in 2017Q2 were reported. 1St Source Bancorporation holds 4,625 shares or 0.02% of its portfolio. Clifford Swan Investment Counsel Ltd Com owns 113,991 shares. Pinebridge Investments Lp, a New York-based fund reported 11,584 shares. Balyasny Asset Mgmt Llc reported 0% in Jacobs Engineering Group Inc. (NYSE:JEC). Sei Invs has invested 0.03% in Jacobs Engineering Group Inc. (NYSE:JEC). Thrivent Fincl For Lutherans invested in 0% or 4,856 shares. Raymond James And Assocs holds 0% or 31,510 shares in its portfolio. Financial Bank Of Nova Scotia holds 85 shares. Jones Financial Lllp owns 19,384 shares or 0% of their US portfolio. Goldman Sachs Group Inc reported 1.80M shares. Johnson Financial Group holds 0% in Jacobs Engineering Group Inc. (NYSE:JEC) or 85 shares. Commerzbank Aktiengesellschaft Fi has 5,499 shares for 0% of their portfolio. Paragon Capital Ltd Co holds 138,921 shares. Moreover, Commonwealth Comml Bank Of has 0.01% invested in Jacobs Engineering Group Inc. (NYSE:JEC). Alpha Windward Llc has 10,081 shares.

Since February 14, 2018, it had 0 insider purchases, and 1 sale for $313,250 activity.

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