Pacific Premier Bancorp (PPBI) Holder Next Century Growth Investors Raised Its Stake by $1.97 Million as Stock Value Declined; Coherent (COHR) Valuation Rose While Nwq Investment Management Company Raised by $10.30 Million Its Stake

February 23, 2018 - By Michael Collier

Nwq Investment Management Company Llc increased its stake in Coherent Inc (COHR) by 10.87% based on its latest 2017Q3 regulatory filing with the SEC. Nwq Investment Management Company Llc bought 43,822 shares as the company’s stock rose 26.93% with the market. The institutional investor held 446,953 shares of the capital goods company at the end of 2017Q3, valued at $105.11M, up from 403,131 at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Coherent Inc for a number of months, seems to be bullish on the $5.00B market cap company. The stock decreased 4.52% or $9.525 during the last trading session, reaching $201.365. About 143,767 shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since February 23, 2017 and is uptrending. It has outperformed by 171.12% the S&P500.

Next Century Growth Investors Llc increased its stake in Pacific Premier Bancorp Inc (PPBI) by 198.83% based on its latest 2017Q3 regulatory filing with the SEC. Next Century Growth Investors Llc bought 53,139 shares as the company’s stock declined 16.15% while stock markets rallied. The institutional investor held 79,865 shares of the major banks company at the end of 2017Q3, valued at $3.01M, up from 26,726 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Pacific Premier Bancorp Inc for a number of months, seems to be bullish on the $1.94 billion market cap company. The stock increased 0.96% or $0.4 during the last trading session, reaching $42. About 7,855 shares traded. Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has risen 45.98% since February 23, 2017 and is uptrending. It has outperformed by 29.28% the S&P500.

Since September 7, 2017, it had 1 buy, and 3 insider sales for $2.02 million activity. 20,000 shares were sold by GARDNER STEVEN R, worth $690,560. The insider GARRETT JOSEPH L bought $3,176.

Among 8 analysts covering Pacific Premier Bancorp (NASDAQ:PPBI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Pacific Premier Bancorp had 21 analyst reports since September 28, 2015 according to SRatingsIntel. The rating was maintained by Stephens on Friday, February 16 with “Hold”. The firm earned “Hold” rating on Tuesday, February 6 by Stephens. The stock of Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) earned “Buy” rating by Stephens on Tuesday, July 25. The stock of Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) earned “Mkt Perform” rating by FBR Capital on Tuesday, October 11. Sandler O’Neill maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) rating on Tuesday, February 13. Sandler O’Neill has “Buy” rating and $47.0 target. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. FBR Capital maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) on Tuesday, January 24 with “Mkt Perform” rating. The company was maintained on Monday, June 26 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, October 5 by Piper Jaffray. FBR Capital maintained the stock with “Outperform” rating in Thursday, July 21 report.

Investors sentiment decreased to 1.49 in Q3 2017. Its down 0.63, from 2.12 in 2017Q2. It worsened, as 14 investors sold PPBI shares while 35 reduced holdings. 22 funds opened positions while 51 raised stakes. 32.65 million shares or 0.31% more from 32.55 million shares in 2017Q2 were reported. Dimensional Fund Advsrs LP has invested 0.02% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). First Tru Limited Partnership stated it has 81,973 shares or 0.01% of all its holdings. Quantbot Technology Limited Partnership stated it has 0.02% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Alphaone Services Limited Liability accumulated 641 shares. Ngam Advsr LP owns 134,410 shares. Tradewinds Cap Mgmt Lc owns 34 shares. Deutsche Fincl Bank Ag has invested 0.01% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Putnam Invests Ltd Liability Corporation invested 0.01% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Legal General Grp Public Ltd Limited Liability Company reported 0% stake. Invesco holds 0% or 115,655 shares. 204,145 were accumulated by Polar Limited Liability Partnership. Moreover, Goldman Sachs Grp Inc has 0% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 214,788 shares. Morgan Stanley holds 0% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) or 84,771 shares. Metropolitan Life Insur New York owns 26,617 shares. Moreover, Tower Rech Ltd Llc (Trc) has 0.01% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 3,972 shares.

Next Century Growth Investors Llc, which manages about $3.86B and $833.72 million US Long portfolio, decreased its stake in Mastercard Inc. (NYSE:MA) by 2,647 shares to 31,802 shares, valued at $4.49 million in 2017Q3, according to the filing. It also reduced its holding in Healthequity Inc. (NASDAQ:HQY) by 98,958 shares in the quarter, leaving it with 279,049 shares, and cut its stake in Summit Materials Inc.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.08, from 1.11 in 2017Q2. It dropped, as 40 investors sold COHR shares while 113 reduced holdings. 56 funds opened positions while 101 raised stakes. 23.23 million shares or 4.25% more from 22.28 million shares in 2017Q2 were reported. Texas Permanent School Fund invested in 0.05% or 17,982 shares. Fifth Third Financial Bank has invested 0% in Coherent, Inc. (NASDAQ:COHR). Macquarie Gru Limited has 10,695 shares. The New York-based Highbridge Capital Mngmt Lc has invested 0% in Coherent, Inc. (NASDAQ:COHR). Clinton Gru Incorporated Inc reported 0.14% of its portfolio in Coherent, Inc. (NASDAQ:COHR). First Mercantile Company, a Tennessee-based fund reported 767 shares. Tudor Investment Et Al, a Connecticut-based fund reported 6,270 shares. Acadian Asset Ltd Liability invested in 32 shares. Btim stated it has 0.31% of its portfolio in Coherent, Inc. (NASDAQ:COHR). 4,871 were reported by Amalgamated Bancorporation. State Treasurer State Of Michigan, Michigan-based fund reported 9,300 shares. Moreover, Hanseatic Serv has 0.21% invested in Coherent, Inc. (NASDAQ:COHR) for 772 shares. State Of Wisconsin Board stated it has 0.06% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Hanson & Doremus Invest Mngmt reported 0% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Mufg Americas owns 91 shares.

Since September 12, 2017, it had 0 insider buys, and 3 insider sales for $6.77 million activity. Shares for $106,135 were sold by SKAGGS STEPHEN A. $411,600 worth of Coherent, Inc. (NASDAQ:COHR) was sold by Sechrist Paul F on Thursday, January 4.

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