Ejf Capital Trimmed Holding in Synovus Finl (SNV) by $25.38 Million as Stock Value Declined; Trexquant Investment LP Has Upped Position in Enersys (ENS) by $327,129

April 16, 2018 - By Linda Rogers

Synovus Financial Corp. (NYSE:SNV) Logo

Trexquant Investment Lp increased its stake in Enersys (ENS) by 127.96% based on its latest 2017Q4 regulatory filing with the SEC. Trexquant Investment Lp bought 4,741 shares as the company’s stock declined 4.35% with the market. The institutional investor held 8,446 shares of the telecommunications equipment company at the end of 2017Q4, valued at $588,000, up from 3,705 at the end of the previous reported quarter. Trexquant Investment Lp who had been investing in Enersys for a number of months, seems to be bullish on the $2.92B market cap company. The stock increased 0.03% or $0.02 during the last trading session, reaching $69.64. About 99,058 shares traded. EnerSys (NYSE:ENS) has declined 12.20% since April 16, 2017 and is downtrending. It has underperformed by 23.75% the S&P500.

Emanuel J. Friedman decreased its stake in Synovus Finl Corp (SNV) by 60% based on its latest 2017Q4 regulatory filing with the SEC. Ejf Capital Llc sold 540,000 shares as the company’s stock declined 0.65% with the market. The hedge fund run by Emanuel J. Friedman held 360,002 shares of the major banks company at the end of 2017Q4, valued at $17.26M, down from 900,002 at the end of the previous reported quarter. Ejf Capital Llc who had been investing in Synovus Finl Corp for a number of months, seems to be less bullish one the $5.86B market cap company. The stock decreased 1.77% or $0.89 during the last trading session, reaching $49.38. About 660,826 shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 23.40% since April 16, 2017 and is uptrending. It has outperformed by 11.85% the S&P500.

Trexquant Investment Lp, which manages about $105.00 million and $910.79 million US Long portfolio, decreased its stake in Encana Corp (NYSE:ECA) by 32,658 shares to 63,501 shares, valued at $846,000 in 2017Q4, according to the filing. It also reduced its holding in Conocophillips (NYSE:COP) by 21,089 shares in the quarter, leaving it with 18,311 shares, and cut its stake in Gms Inc.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.13, from 0.93 in 2017Q3. It dropped, as 30 investors sold ENS shares while 93 reduced holdings. 33 funds opened positions while 66 raised stakes. 39.85 million shares or 2.12% less from 40.71 million shares in 2017Q3 were reported. Dubuque National Bank & Trust Commerce holds 0% in EnerSys (NYSE:ENS) or 120 shares. Envestnet Asset Mngmt Incorporated holds 0% in EnerSys (NYSE:ENS) or 7,802 shares. Fort Washington Inv Advisors Oh has 0.11% invested in EnerSys (NYSE:ENS). Piermont Management Incorporated invested in 1.07% or 46,665 shares. Ameriprise Fin Inc reported 157,609 shares stake. Point72 Asia (Hong Kong) Limited has 0% invested in EnerSys (NYSE:ENS). Bank & Trust Of America Corp De invested in 0% or 376,742 shares. 18,715 are owned by Aperio Gru Limited Liability. Jane Street Grp Limited Liability Corp accumulated 0% or 9,396 shares. Dupont Mgmt Corporation has 0.06% invested in EnerSys (NYSE:ENS). California Employees Retirement Sys stated it has 157,331 shares or 0.01% of all its holdings. Federated Investors Pa invested in 12,098 shares. Northern Tru Corporation reported 0.02% stake. Lingohr & Partner Asset Management Gmbh holds 19,600 shares or 0.72% of its portfolio. Assetmark owns 8 shares for 0% of their portfolio.

Among 8 analysts covering Enersys (NYSE:ENS), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Enersys had 16 analyst reports since August 14, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 6 report. The firm has “Buy” rating by Oppenheimer given on Tuesday, May 30. Maxim Group maintained the shares of ENS in report on Friday, August 12 with “Buy” rating. The stock of EnerSys (NYSE:ENS) has “Buy” rating given on Tuesday, January 16 by CL King. Oppenheimer maintained it with “Buy” rating and $77.0 target in Wednesday, November 1 report. Maxim Group upgraded the stock to “Buy” rating in Thursday, June 2 report. Ardour Capital downgraded EnerSys (NYSE:ENS) rating on Friday, August 14. Ardour Capital has “Hold” rating and $60 target. Sidoti downgraded EnerSys (NYSE:ENS) rating on Tuesday, January 23. Sidoti has “Hold” rating and $79.0 target. The stock of EnerSys (NYSE:ENS) earned “Buy” rating by Oppenheimer on Friday, May 5. The rating was downgraded by William Blair to “Market Perform” on Monday, October 26.

Since October 19, 2017, it had 0 buys, and 5 selling transactions for $988,207 activity. 5,000 Synovus Financial Corp. (NYSE:SNV) shares with value of $250,800 were sold by HOLLADAY MARK G. Shares for $51,359 were sold by TOMLINSON PHILIP W. On Thursday, October 19 Copeland R Dallis JR sold $462,900 worth of Synovus Financial Corp. (NYSE:SNV) or 10,000 shares.

Investors sentiment increased to Infinity in Q4 2017. Its up Infinity, from 0 in 2017Q3. It improved, as 0 investors sold SNV shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 69,726 shares or 511.63% more from 11,400 shares in 2017Q3 were reported. Kcm Advisors Limited Liability has invested 0.02% in Synovus Financial Corp. (NYSE:SNV). American Rech Management Co invested in 22,600 shares or 0.18% of the stock.

Among 20 analysts covering Synovus Financial Corp. (NYSE:SNV), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. Synovus Financial Corp. had 59 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Hold” on Friday, September 29. The stock of Synovus Financial Corp. (NYSE:SNV) earned “Hold” rating by Jefferies on Wednesday, October 18. Stephens maintained it with “Buy” rating and $56.0 target in Wednesday, January 24 report. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, October 18. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, October 17. The rating was maintained by RBC Capital Markets on Thursday, September 7 with “Buy”. The rating was maintained by Stephens on Tuesday, August 15 with “Buy”. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, January 23. The stock of Synovus Financial Corp. (NYSE:SNV) has “Hold” rating given on Friday, August 25 by Robert W. Baird. Barclays Capital upgraded Synovus Financial Corp. (NYSE:SNV) rating on Tuesday, December 6. Barclays Capital has “Equal Weight” rating and $41 target.

Ejf Capital Llc, which manages about $7.64 billion and $1.25B US Long portfolio, upped its stake in Simon Ppty Group Inc New (NYSE:SPG) by 3,000 shares to 6,000 shares, valued at $1.03 million in 2017Q4, according to the filing. It also increased its holding in Keycorp New (NYSE:KEY) by 845,000 shares in the quarter, for a total of 2.47 million shares, and has risen its stake in Pioneer Nat Res Co (Call) (NYSE:PXD).

EnerSys (NYSE:ENS) Institutional Positions Chart

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