Pnc Financial Services Group Stake in Synopsys (SNPS) Has Decreased by $498,720 as Shares Rose; Oracle (ORCL) Market Valuation Rose While Foundry Partners Has Decreased Stake by $709,920

February 24, 2018 - By Lawrence Diaz

Pnc Financial Services Group Inc decreased its stake in Synopsys Inc (SNPS) by 44.14% based on its latest 2017Q3 regulatory filing with the SEC. Pnc Financial Services Group Inc sold 6,234 shares as the company’s stock rose 0.68% with the market. The institutional investor held 7,889 shares of the technology company at the end of 2017Q3, valued at $635,000, down from 14,123 at the end of the previous reported quarter. Pnc Financial Services Group Inc who had been investing in Synopsys Inc for a number of months, seems to be less bullish one the $12.84B market cap company. The stock increased 1.02% or $0.86 during the last trading session, reaching $85.24. About 1.58M shares traded or 28.18% up from the average. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since February 24, 2017 and is uptrending. It has outperformed by 28.95% the S&P500.

Foundry Partners Llc decreased its stake in Oracle Corporation (ORCL) by 4.41% based on its latest 2017Q3 regulatory filing with the SEC. Foundry Partners Llc sold 14,790 shares as the company’s stock rose 5.35% with the market. The institutional investor held 320,695 shares of the prepackaged software company at the end of 2017Q3, valued at $15.51 million, down from 335,485 at the end of the previous reported quarter. Foundry Partners Llc who had been investing in Oracle Corporation for a number of months, seems to be less bullish one the $209.05B market cap company. The stock increased 1.84% or $0.91 during the last trading session, reaching $50.5. About 8.87M shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 24, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.19, from 1.2 in 2017Q2. It turned negative, as 27 investors sold SNPS shares while 155 reduced holdings. 51 funds opened positions while 133 raised stakes. 131.73 million shares or 0.13% more from 131.56 million shares in 2017Q2 were reported. Federated Invsts Pa reported 0.01% stake. Swiss Financial Bank has invested 0.07% in Synopsys, Inc. (NASDAQ:SNPS). Verition Fund Mngmt Limited Liability Company holds 8,552 shares. Moreover, Secor Limited Partnership has 0.11% invested in Synopsys, Inc. (NASDAQ:SNPS) for 13,929 shares. Highbridge Cap Management Ltd Liability Company holds 0.03% or 25,194 shares. Credit Suisse Ag owns 0.02% invested in Synopsys, Inc. (NASDAQ:SNPS) for 268,329 shares. Fny Managed Accounts Ltd Llc reported 0.05% stake. Graybill Bartz And Assocs has 2.07% invested in Synopsys, Inc. (NASDAQ:SNPS). Rampart Inv Limited Liability Com reported 0.06% stake. Artisan Prns Limited Partnership accumulated 906,288 shares. Commerzbank Aktiengesellschaft Fi holds 0.01% or 7,370 shares in its portfolio. 69,704 are held by Laurion Mgmt Ltd Partnership. Goldman Sachs Grp Inc has 0.04% invested in Synopsys, Inc. (NASDAQ:SNPS). Hancock Hldg Communications reported 190,204 shares or 0.65% of all its holdings. Huntington Bancorp reported 1,100 shares.

Since December 19, 2017, it had 0 insider buys, and 3 selling transactions for $3.10 million activity. 10,000 shares valued at $880,000 were sold by RUNKEL JOHN F JR on Tuesday, December 19. 4,545 shares valued at $409,607 were sold by WALSKE STEVEN on Wednesday, January 17.

Among 9 analysts covering Synopsys Inc. (NASDAQ:SNPS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Synopsys Inc. had 29 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, August 15 by Credit Suisse. As per Wednesday, September 20, the company rating was maintained by RBC Capital Markets. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Outperform” rating given on Wednesday, October 19 by Credit Suisse. Needham maintained it with “Buy” rating and $66 target in Thursday, December 1 report. The rating was maintained by RBC Capital Markets on Wednesday, November 22 with “Buy”. The stock of Synopsys, Inc. (NASDAQ:SNPS) earned “Sell” rating by J.P. Morgan on Tuesday, December 12. The company was maintained on Monday, July 31 by RBC Capital Markets. RBC Capital Markets maintained the shares of SNPS in report on Thursday, November 30 with “Buy” rating. The firm earned “Average” rating on Friday, August 28 by Bank of America. RBC Capital Markets initiated the shares of SNPS in report on Monday, June 6 with “Outperform” rating.

Pnc Financial Services Group Inc, which manages about $96.29 billion US Long portfolio, upped its stake in Asml Holding N V (NASDAQ:ASML) by 27,460 shares to 126,413 shares, valued at $21.64M in 2017Q3, according to the filing. It also increased its holding in Lauder Estee Cos Inc (NYSE:EL) by 694,285 shares in the quarter, for a total of 782,301 shares, and has risen its stake in Vanguard Index Fds (VB).

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.18, from 0.95 in 2017Q2. It improved, as 67 investors sold ORCL shares while 498 reduced holdings. 122 funds opened positions while 519 raised stakes. 2.32 billion shares or 1.54% less from 2.35 billion shares in 2017Q2 were reported. Clearbridge Investments Limited Company invested 0.29% in Oracle Corporation (NYSE:ORCL). Picton Mahoney Asset has invested 0.58% of its portfolio in Oracle Corporation (NYSE:ORCL). Brandywine Mngmt Limited Liability Co invested in 3.60M shares. The Idaho-based Selway Asset Management has invested 1.17% in Oracle Corporation (NYSE:ORCL). Sather Fin Grp Inc owns 2.48% invested in Oracle Corporation (NYSE:ORCL) for 187,255 shares. Palo Cap reported 4,669 shares. Macquarie Grp Limited reported 1.28% of its portfolio in Oracle Corporation (NYSE:ORCL). Leavell Investment accumulated 0.14% or 23,892 shares. Brown Advisory Incorporated has 0.05% invested in Oracle Corporation (NYSE:ORCL). Mairs And Pwr has invested 0.02% in Oracle Corporation (NYSE:ORCL). Eads And Heald Inv Counsel reported 1.27% of its portfolio in Oracle Corporation (NYSE:ORCL). Appleton Prtn Ma holds 6,346 shares or 0.05% of its portfolio. Modera Wealth Mngmt Ltd Limited Liability Company holds 6,633 shares or 0.07% of its portfolio. Compton Mngmt Ri has invested 0.16% of its portfolio in Oracle Corporation (NYSE:ORCL). Ssi Inv Mngmt reported 0.04% stake.

Foundry Partners Llc, which manages about $1.13 billion and $2.50B US Long portfolio, upped its stake in Brandywine Realty Trust (NYSE:BDN) by 64,872 shares to 1.04M shares, valued at $18.20 million in 2017Q3, according to the filing. It also increased its holding in Universal Fst Prods Com (NASDAQ:UFPI) by 6,907 shares in the quarter, for a total of 96,964 shares, and has risen its stake in Covenant Transportation (NASDAQ:CVTI).

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 105 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, September 17 with “Overweight”. The rating was maintained by Benchmark with “Buy” on Friday, April 28. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Wednesday, March 16 with “Market Perform” rating. JP Morgan upgraded Oracle Corporation (NYSE:ORCL) on Wednesday, June 29 to “Neutral” rating. The company was maintained on Monday, October 23 by Cowen & Co. The rating was upgraded by Evercore to “Buy” on Wednesday, January 6. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, June 21. The firm has “Buy” rating by RBC Capital Markets given on Friday, August 25. BMO Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Wednesday, August 16 with “Buy” rating. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Monday, May 29 by Canaccord Genuity.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 earnings per share, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73B for 19.13 P/E if the $0.66 EPS becomes a reality. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

- 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:


>