Hillcrest Asset Management Has Decreased Sanmina (SANM) Holding as Market Valuation Declined; Long Pond Capital LP Continues to Hold Position in Hyatt Hotels (H)

February 21, 2018 - By Linda Rogers

Hillcrest Asset Management Llc decreased its stake in Sanmina Corp (SANM) by 2.33% based on its latest 2017Q3 regulatory filing with the SEC. Hillcrest Asset Management Llc sold 8,157 shares as the company’s stock declined 10.12% while stock markets rallied. The institutional investor held 342,130 shares of the electrical products company at the end of 2017Q3, valued at $12.71M, down from 350,287 at the end of the previous reported quarter. Hillcrest Asset Management Llc who had been investing in Sanmina Corp for a number of months, seems to be less bullish one the $1.90 billion market cap company. It closed at $26.65 lastly. It is down 44.39% since February 21, 2017 and is uptrending. It has outperformed by 27.69% the S&P500.

John Khoury increased its stake in Hyatt Hotels Corp (H) by 14.08% based on its latest 2017Q3 regulatory filing with the SEC. Long Pond Capital Lp bought 374,704 shares as the company’s stock rose 8.35% with the market. The hedge fund run by John Khoury held 3.04 million shares of the hotels and resorts company at the end of 2017Q3, valued at $187.57M, up from 2.66M at the end of the previous reported quarter. Long Pond Capital Lp who had been investing in Hyatt Hotels Corp for a number of months, seems to be bullish on the $9.76B market cap company. The stock increased 2.10% or $1.69 during the last trading session, reaching $82.22. About 323,891 shares traded. Hyatt Hotels Corporation (NYSE:H) has risen 27.49% since February 21, 2017 and is uptrending. It has outperformed by 10.79% the S&P500.

Since September 5, 2017, it had 1 buy, and 2 sales for $467,592 activity. BILLINGER BRENT had bought 1,500 shares worth $39,497. $135,025 worth of Sanmina Corporation (NASDAQ:SANM) shares were sold by SHORTRIDGE WAYNE.

Among 11 analysts covering Sanmina-SCI Corporation (NASDAQ:SANM), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Sanmina-SCI Corporation had 28 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, July 26 by Craig Hallum. Needham maintained the stock with “Buy” rating in Tuesday, January 31 report. The rating was maintained by RBC Capital Markets on Tuesday, January 26 with “Sector Perform”. The firm has “Buy” rating by Craig Hallum given on Monday, December 18. Citigroup upgraded the stock to “Neutral” rating in Tuesday, January 26 report. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, August 31. The stock of Sanmina Corporation (NASDAQ:SANM) earned “Neutral” rating by Goldman Sachs on Monday, August 3. As per Wednesday, August 30, the company rating was maintained by Needham. The stock of Sanmina Corporation (NASDAQ:SANM) earned “Buy” rating by Needham on Tuesday, October 3. The firm earned “Underperform” rating on Tuesday, November 3 by RBC Capital Markets.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.16, from 0.95 in 2017Q2. It dropped, as 25 investors sold SANM shares while 103 reduced holdings. 25 funds opened positions while 76 raised stakes. 66.06 million shares or 4.90% less from 69.46 million shares in 2017Q2 were reported. Mason Street Advsrs Lc holds 19,089 shares. Thomson Horstmann Bryant Inc holds 0.03% or 6,271 shares. Hsbc Public Ltd Company stated it has 32,184 shares or 0% of all its holdings. Prelude Capital Limited Liability Corp stated it has 200 shares. Stifel invested 0% in Sanmina Corporation (NASDAQ:SANM). Northern has invested 0.02% in Sanmina Corporation (NASDAQ:SANM). Federated Investors Incorporated Pa invested in 106,090 shares or 0.01% of the stock. Livforsakringsbolaget Skandia Omsesidigt reported 112,200 shares stake. California State Teachers Retirement Sys has invested 0.01% in Sanmina Corporation (NASDAQ:SANM). Affinity Inv Advsr Ltd Co has invested 0.03% in Sanmina Corporation (NASDAQ:SANM). Kemnay Advisory has 21,976 shares for 0.35% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Sanmina Corporation (NASDAQ:SANM). Skyline Asset Management LP holds 1.26% of its portfolio in Sanmina Corporation (NASDAQ:SANM) for 427,810 shares. State Of Tennessee Treasury Department holds 65,085 shares. Cipher Cap Ltd Partnership holds 0.14% in Sanmina Corporation (NASDAQ:SANM) or 51,370 shares.

Analysts await Sanmina Corporation (NASDAQ:SANM) to report earnings on April, 23. They expect $0.25 EPS, down 64.29% or $0.45 from last year’s $0.7 per share. SANM’s profit will be $17.81 million for 26.65 P/E if the $0.25 EPS becomes a reality. After $0.39 actual EPS reported by Sanmina Corporation for the previous quarter, Wall Street now forecasts -35.90% negative EPS growth.

Investors sentiment increased to 1.8 in Q3 2017. Its up 0.54, from 1.26 in 2017Q2. It improved, as 26 investors sold H shares while 34 reduced holdings. 30 funds opened positions while 78 raised stakes. 44.54 million shares or 20.95% more from 36.82 million shares in 2017Q2 were reported. Morgan Stanley accumulated 218,555 shares or 0% of the stock. The New York-based Clearbridge Limited Liability Corporation has invested 0% in Hyatt Hotels Corporation (NYSE:H). Raymond James reported 36,534 shares. National Bank Of Ny Mellon holds 0% or 226,756 shares in its portfolio. Financial Bank Of Montreal Can holds 0.02% or 416,387 shares. Gsa Capital Partners Llp has invested 0.07% in Hyatt Hotels Corporation (NYSE:H). Bluemountain Mngmt Ltd Liability owns 47,920 shares. 8,279 were reported by Cubist Systematic Strategies Ltd Liability Corporation. Deutsche Bank & Trust Ag, a Germany-based fund reported 896,404 shares. Moreover, Envestnet Asset Management Inc has 0% invested in Hyatt Hotels Corporation (NYSE:H) for 397 shares. Sei Invs invested in 0% or 2,062 shares. Tiaa Cref, New York-based fund reported 140,048 shares. California Public Employees Retirement has invested 0.01% in Hyatt Hotels Corporation (NYSE:H). Vanguard Group invested 0.01% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Bluemar Capital Mngmt Limited Liability Corp accumulated 96,053 shares or 2.97% of the stock.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>