Banco Bradesco S A (BBD) Shareholder Prince Street Capital Management Has Decreased Stake by $3.08 Million; Micron Technology (MU) Market Valuation Rose While Credit Capital Investments Has Decreased Stake

April 20, 2018 - By Linda Rogers

Micron Technology, Inc. (NASDAQ:MU) Logo

Credit Capital Investments Llc decreased its stake in Micron Technology Inc (MU) by 1.19% based on its latest 2017Q4 regulatory filing with the SEC. Credit Capital Investments Llc sold 10,142 shares as the company’s stock rose 18.77% while stock markets declined. The institutional investor held 844,858 shares of the technology company at the end of 2017Q4, valued at $34.74 million, down from 855,000 at the end of the previous reported quarter. Credit Capital Investments Llc who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $58.58B market cap company. The stock decreased 1.77% or $0.91 during the last trading session, reaching $50.51. About 29.74 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 20, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

Prince Street Capital Management Llc decreased its stake in Banco Bradesco S A (BBD) by 14.5% based on its latest 2017Q4 regulatory filing with the SEC. Prince Street Capital Management Llc sold 308,200 shares as the company’s stock rose 14.88% while stock markets declined. The institutional investor held 1.82M shares of the major banks company at the end of 2017Q4, valued at $18.62M, down from 2.13 million at the end of the previous reported quarter. Prince Street Capital Management Llc who had been investing in Banco Bradesco S A for a number of months, seems to be less bullish one the $67.84 billion market cap company. The stock decreased 2.20% or $0.23 during the last trading session, reaching $9.98. About 3.68M shares traded. Banco Bradesco S.A. (NYSE:BBD) has risen 27.75% since April 20, 2017 and is uptrending. It has outperformed by 16.20% the S&P500.

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 7 Hold. Therefore 81% are positive. Micron Technology Inc. had 238 analyst reports since July 29, 2015 according to SRatingsIntel. As per Monday, November 13, the company rating was maintained by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, September 29 report. The rating was upgraded by Goldman Sachs on Wednesday, September 13 to “Buy”. The rating was downgraded by Nomura to “Reduce” on Monday, March 7. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) on Monday, September 28 with “Market Perform” rating. The company was maintained on Monday, June 19 by Robert W. Baird. Deutsche Bank maintained Micron Technology, Inc. (NASDAQ:MU) on Friday, March 24 with “Buy” rating. The firm has “Buy” rating given on Monday, March 26 by M Partners. Argus Research maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, December 24 with “Buy” rating. The firm earned “Neutral” rating on Friday, October 9 by Mizuho.

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.13, from 1.37 in 2017Q3. It dropped, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. Banque Pictet & Cie holds 0.22% or 267,400 shares in its portfolio. Ipswich Inv Management Incorporated owns 11,740 shares or 0.2% of their US portfolio. Farmers & Merchants, Nebraska-based fund reported 382 shares. Sg Americas holds 0.03% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 89,967 shares. 373,352 were reported by Scout. Ruggie Capital Gp reported 50 shares. Whale Rock Cap Management Limited Liability Corp, a Massachusetts-based fund reported 1.14 million shares. Consolidated Investment Grp Inc Limited Liability Corp, Colorado-based fund reported 183,909 shares. Sun Life Fin Incorporated reported 0.01% in Micron Technology, Inc. (NASDAQ:MU). State Street Corp stated it has 45.11M shares or 0.15% of all its holdings. Nwq Mngmt Com Limited Liability invested 0.01% in Micron Technology, Inc. (NASDAQ:MU). Dupont Capital invested in 48,518 shares. 8,000 were reported by New Jersey Better Educational Savings Tru. Pub Sector Pension Invest Board holds 1.14 million shares. Piedmont Investment Advsrs Ltd Company has invested 0.22% in Micron Technology, Inc. (NASDAQ:MU).

Since October 19, 2017, it had 0 buys, and 10 selling transactions for $5.48 million activity. Mondry Lawrence N sold $2.17M worth of Micron Technology, Inc. (NASDAQ:MU) on Wednesday, February 14. ARNZEN APRIL S had sold 1,222 shares worth $53,487 on Thursday, February 15. Another trade for 3,000 shares valued at $129,520 was sold by BAILEY ROBERT L. JOHNSON MERCEDES had sold 25,000 shares worth $1.26M on Monday, April 2.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on July, 5. They expect $2.81 earnings per share, up 100.71% or $1.41 from last year’s $1.4 per share. MU’s profit will be $3.26 billion for 4.49 P/E if the $2.81 EPS becomes a reality. After $2.80 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 0.36% EPS growth.

Credit Capital Investments Llc, which manages about $172.00M and $96.32 million US Long portfolio, upped its stake in Continental Resources Inc (NYSE:CLR) by 14,000 shares to 33,816 shares, valued at $1.79 million in 2017Q4, according to the filing. It also increased its holding in Amag Pharmaceuticals Inc (NASDAQ:AMAG) by 30,000 shares in the quarter, for a total of 45,000 shares, and has risen its stake in Goodyear Tire & Rubr Co (NASDAQ:GT).

Prince Street Capital Management Llc, which manages about $1.36B and $533.38 million US Long portfolio, upped its stake in Gran Tierra Energy Inc (NYSEMKT:GTE) by 218,000 shares to 1.88M shares, valued at $5.11 million in 2017Q4, according to the filing. It also increased its holding in Pampa Energia S A (NYSE:PAM) by 8,500 shares in the quarter, for a total of 291,073 shares, and has risen its stake in Randgold Res Ltd (NASDAQ:GOLD).

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

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