Trimas (TRS) Share Price Declined While Champlain Investment Partners Decreased by $17.62 Million Its Position; Lyon Street Capital Cut Callidus Software (CALD) Position as Stock Value Rose

February 20, 2018 - By Adrian Erickson

Champlain Investment Partners Llc decreased its stake in Trimas Corporation (TRS) by 22.43% based on its latest 2017Q3 regulatory filing with the SEC. Champlain Investment Partners Llc sold 652,499 shares as the company’s stock declined 2.89% while stock markets rallied. The institutional investor held 2.26 million shares of the industrial specialties company at the end of 2017Q3, valued at $60.92 million, down from 2.91M at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in Trimas Corporation for a number of months, seems to be less bullish one the $1.09 billion market cap company. The stock increased 0.64% or $0.15 during the last trading session, reaching $23.75. About 144,533 shares traded or 2.52% up from the average. TriMas Corporation (NASDAQ:TRS) has risen 34.96% since February 20, 2017 and is uptrending. It has outperformed by 18.26% the S&P500.

Brian C. Freckmann decreased its stake in Callidus Software Inc (CALD) by 15.01% based on its latest 2017Q3 regulatory filing with the SEC. Lyon Street Capital Llc sold 37,560 shares as the company’s stock rose 3.72% with the market. The hedge fund run by Brian C. Freckmann held 212,756 shares of the technology company at the end of 2017Q3, valued at $5.24 million, down from 250,316 at the end of the previous reported quarter. Lyon Street Capital Llc who had been investing in Callidus Software Inc for a number of months, seems to be less bullish one the $2.37B market cap company. The stock increased 0.42% or $0.15 during the last trading session, reaching $35.9. About 1.62 million shares traded or 33.14% up from the average. Callidus Software Inc. (NASDAQ:CALD) has risen 22.29% since February 20, 2017 and is uptrending. It has outperformed by 5.59% the S&P500.

Champlain Investment Partners Llc, which manages about $6.04 billion and $8.47B US Long portfolio, upped its stake in Qualys Inc. (NASDAQ:QLYS) by 75,836 shares to 2.21M shares, valued at $114.36M in 2017Q3, according to the filing. It also increased its holding in Inc Research Holdings Inc. Cl (NASDAQ:INCR) by 19,905 shares in the quarter, for a total of 475,850 shares, and has risen its stake in Workday Inc. Class A (NYSE:WDAY).

Analysts await TriMas Corporation (NASDAQ:TRS) to report earnings on February, 27. They expect $0.32 earnings per share, up 6.67% or $0.02 from last year’s $0.3 per share. TRS’s profit will be $14.63 million for 18.55 P/E if the $0.32 EPS becomes a reality. After $0.39 actual earnings per share reported by TriMas Corporation for the previous quarter, Wall Street now forecasts -17.95% negative EPS growth.

Among 8 analysts covering Trimas (NASDAQ:TRS), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Trimas had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Overweight” rating by JP Morgan on Wednesday, August 9. TH Capital downgraded TriMas Corporation (NASDAQ:TRS) rating on Wednesday, August 5. TH Capital has “Neutral” rating and $20 target. The rating was downgraded by Roth Capital to “Neutral” on Wednesday, August 5. The stock has “Hold” rating by Jefferies on Thursday, June 15. The stock of TriMas Corporation (NASDAQ:TRS) earned “Neutral” rating by JP Morgan on Wednesday, August 5. The rating was upgraded by J.P. Morgan on Wednesday, August 9 to “Buy”. The rating was downgraded by Global Hunter Securities to “” on Wednesday, August 5. JP Morgan upgraded TriMas Corporation (NASDAQ:TRS) on Tuesday, September 27 to “Overweight” rating. JP Morgan downgraded TriMas Corporation (NASDAQ:TRS) on Friday, January 13 to “Neutral” rating. The stock of TriMas Corporation (NASDAQ:TRS) has “Hold” rating given on Friday, September 15 by KeyBanc Capital Markets.

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.75, from 1.95 in 2017Q2. It worsened, as 16 investors sold TRS shares while 40 reduced holdings. 25 funds opened positions while 42 raised stakes. 44.19 million shares or 1.10% more from 43.71 million shares in 2017Q2 were reported. 397,708 were accumulated by Geode Capital Management Ltd Liability Com. The Australia-based Macquarie Gru has invested 0% in TriMas Corporation (NASDAQ:TRS). Aqr Management Lc has 0.01% invested in TriMas Corporation (NASDAQ:TRS). Highbridge Management Limited Liability Corporation owns 30,780 shares for 0.01% of their portfolio. 13,735 are owned by Sei Investments. Legal General Grp Inc Public Ltd Liability reported 0% stake. The Georgia-based Voya Investment Mngmt Lc has invested 0% in TriMas Corporation (NASDAQ:TRS). Victory Cap Mgmt reported 1.59M shares. Schwab Charles Mngmt holds 0.01% or 311,763 shares. Nationwide Fund Advisors stated it has 0% of its portfolio in TriMas Corporation (NASDAQ:TRS). 88,019 are owned by Gsa Ptnrs Llp. Jpmorgan Chase And has invested 0% in TriMas Corporation (NASDAQ:TRS). Thrivent Finance For Lutherans holds 414,431 shares. California State Teachers Retirement Systems holds 0% of its portfolio in TriMas Corporation (NASDAQ:TRS) for 72,789 shares. Martingale Asset Mgmt Lp holds 17,707 shares.

Among 14 analysts covering Callidus Software (NASDAQ:CALD), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Callidus Software had 37 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, November 6 by Northland Capital. On Tuesday, January 30 the stock rating was downgraded by National Securities to “Hold”. Piper Jaffray maintained Callidus Software Inc. (NASDAQ:CALD) on Sunday, December 3 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, January 31 by B. Riley & Co. As per Friday, April 1, the company rating was reinitiated by Piper Jaffray. The firm earned “Outperform” rating on Friday, November 3 by Credit Suisse. Oppenheimer maintained Callidus Software Inc. (NASDAQ:CALD) rating on Friday, September 29. Oppenheimer has “Buy” rating and $30.0 target. Roth Capital maintained the stock with “Buy” rating in Wednesday, November 1 report. The stock has “Buy” rating by Lake Street on Wednesday, February 8. Dougherty & Company downgraded the shares of CALD in report on Monday, September 19 to “Sell” rating.

Lyon Street Capital Llc, which manages about $432.26 million and $259.37M US Long portfolio, upped its stake in Invuity Inc by 118,825 shares to 883,355 shares, valued at $7.86M in 2017Q3, according to the filing. It also increased its holding in Stemline Therapeutics Inc (NASDAQ:STML) by 415,867 shares in the quarter, for a total of 541,462 shares, and has risen its stake in Novus Therapeutics Inc.

Since January 2, 2018, it had 0 insider purchases, and 1 insider sale for $434,979 activity.

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.01, from 1.08 in 2017Q2. It is positive, as 13 investors sold CALD shares while 51 reduced holdings. 25 funds opened positions while 45 raised stakes. 61.10 million shares or 1.89% less from 62.28 million shares in 2017Q2 were reported. Amer Intll Gp reported 43,240 shares. Suffolk Capital Mgmt Limited Liability has 0.18% invested in Callidus Software Inc. (NASDAQ:CALD) for 53,919 shares. Dorsey And Whitney Trust Lc has invested 0.05% in Callidus Software Inc. (NASDAQ:CALD). Roanoke Asset Mgmt, a New York-based fund reported 19,200 shares. Teton Advsrs invested in 317,000 shares or 0.72% of the stock. Deutsche Fincl Bank Ag has 0% invested in Callidus Software Inc. (NASDAQ:CALD) for 81,330 shares. Connors Investor Service reported 174,696 shares. Northern invested 0.01% in Callidus Software Inc. (NASDAQ:CALD). Geode Cap Mgmt holds 578,878 shares or 0.01% of its portfolio. Tiaa Cref Invest Mgmt Ltd Liability Com, a New York-based fund reported 168,755 shares. 343,978 were reported by Century Cos. First Washington holds 303,140 shares. Quantbot Techs LP accumulated 3,429 shares. California State Teachers Retirement Sys has invested 0.01% in Callidus Software Inc. (NASDAQ:CALD). Essex Invest Mngmt Ltd Liability has invested 0.3% of its portfolio in Callidus Software Inc. (NASDAQ:CALD).

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