As Primoris Svcs (PRIM) Market Valuation Declined, Shareholder Macquarie Group LTD Cut Its Stake; As Ddr (DDR) Valuation Declined, Apg Asset Management Us Has Cut by $9.69 Million Its Stake

May 14, 2018 - By Richard Conner

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Macquarie Group Ltd decreased its stake in Primoris Svcs Corp (PRIM) by 3.83% based on its latest 2017Q4 regulatory filing with the SEC. Macquarie Group Ltd sold 66,074 shares as the company’s stock declined 10.95% with the market. The institutional investor held 1.66 million shares of the water supply company at the end of 2017Q4, valued at $45.16M, down from 1.73 million at the end of the previous reported quarter. Macquarie Group Ltd who had been investing in Primoris Svcs Corp for a number of months, seems to be less bullish one the $1.29 billion market cap company. The stock increased 0.32% or $0.08 during the last trading session, reaching $25. About 104,789 shares traded. Primoris Services Corporation (NASDAQ:PRIM) has risen 7.06% since May 14, 2017 and is uptrending. It has underperformed by 4.49% the S&P500.

Apg Asset Management Us Inc decreased its stake in Ddr Corp (DDR) by 22.72% based on its latest 2017Q4 regulatory filing with the SEC. Apg Asset Management Us Inc sold 1.21M shares as the company’s stock declined 19.08% with the market. The institutional investor held 4.12M shares of the real estate investment trusts company at the end of 2017Q4, valued at $36.92M, down from 5.33M at the end of the previous reported quarter. Apg Asset Management Us Inc who had been investing in Ddr Corp for a number of months, seems to be less bullish one the $2.72B market cap company. The stock decreased 1.54% or $0.115 during the last trading session, reaching $7.375. About 1.98 million shares traded. DDR Corp. (NYSE:DDR) has declined 43.68% since May 14, 2017 and is downtrending. It has underperformed by 55.23% the S&P500.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.31, from 1.34 in 2017Q3. It fall, as 40 investors sold DDR shares while 74 reduced holdings. 40 funds opened positions while 77 raised stakes. 290.86 million shares or 2.07% more from 284.96 million shares in 2017Q3 were reported. Meeder Asset Inc accumulated 38,692 shares. Kbc Gru Nv, a Belgium-based fund reported 694 shares. Ny State Common Retirement Fund holds 776,710 shares or 0.01% of its portfolio. Paloma invested in 113,686 shares or 0.01% of the stock. Rafferty Asset Limited Liability owns 0.01% invested in DDR Corp. (NYSE:DDR) for 67,494 shares. State Board Of Administration Of Florida Retirement Sys accumulated 494,445 shares or 0.01% of the stock. Amp Cap reported 304,070 shares. Bartlett Ltd Liability invested 0% in DDR Corp. (NYSE:DDR). First Tru Lp accumulated 128,439 shares. Parametric Portfolio Associate Limited Liability Company invested 0.01% of its portfolio in DDR Corp. (NYSE:DDR). Guggenheim Cap Ltd Liability Corp holds 73,694 shares. Synovus Finance Corp has invested 0.01% in DDR Corp. (NYSE:DDR). 9.95M were reported by State Street Corp. Davis Selected Advisers has invested 0.01% in DDR Corp. (NYSE:DDR). Prudential Fincl holds 9.09M shares.

More notable recent DDR Corp. (NYSE:DDR) news were published by: Businesswire.com which released: “DDR Announces Reverse Stock Split and Declares Common Stock Dividend for Second Quarter 2018” on May 08, 2018, also Seekingalpha.com with their article: “DDR bounces nearly 5% after Q1 beat” published on April 25, 2018, Crainscleveland.com published: “DDR OKs reverse stock split” on May 09, 2018. More interesting news about DDR Corp. (NYSE:DDR) were released by: Seekingalpha.com and their article: “DDR: A Controversial High-Yield Play” published on April 24, 2018 as well as Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within DDR, Diamond Offshore Drilling, Energen, ImmunoCellular Therapeutics …” with publication date: May 08, 2018.

Since February 21, 2018, it had 13 insider buys, and 0 selling transactions for $73.21 million activity.

Apg Asset Management Us Inc, which manages about $71.11 billion and $12.19 billion US Long portfolio, upped its stake in Ventas Inc (NYSE:VTR) by 233,000 shares to 14.75M shares, valued at $885.15 million in 2017Q4, according to the filing. It also increased its holding in Invitation Homes Inc by 1.32M shares in the quarter, for a total of 12.22M shares, and has risen its stake in Alexandria Real Estate Eq In (NYSE:ARE).

Among 24 analysts covering Developers Diversified Realty (NYSE:DDR), 4 have Buy rating, 2 Sell and 18 Hold. Therefore 17% are positive. Developers Diversified Realty had 69 analyst reports since July 22, 2015 according to SRatingsIntel. Boenning \u0026 Scattergood downgraded the stock to “Underperform” rating in Tuesday, October 3 report. As per Monday, December 4, the company rating was downgraded by Evercore. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, July 27 report. RBC Capital Markets maintained the shares of DDR in report on Thursday, August 10 with “Hold” rating. The rating was downgraded by Deutsche Bank to “Hold” on Monday, January 4. The stock has “Hold” rating by Mizuho on Thursday, February 22. The stock has “Hold” rating by Jefferies on Friday, April 13. The firm has “Hold” rating given on Monday, July 18 by Deutsche Bank. The stock has “Hold” rating by Jefferies on Tuesday, January 12. The firm has “Outperform” rating by Raymond James given on Tuesday, July 26.

Since December 1, 2017, it had 4 insider buys, and 3 selling transactions for $16.35 million activity. 181,638 shares valued at $4.73M were sold by Pratt Brian on Thursday, March 8. Shares for $66,680 were bought by MOERBEEK PETER J on Monday, February 26. $109,901 worth of stock was bought by McCormick Thomas Edward on Monday, February 26. 3,195 shares were bought by Perisich John M., worth $66,680.

More recent Primoris Services Corporation (NASDAQ:PRIM) news were published by: Globenewswire.com which released: “Primoris Services Corporation Announces Civil Award Valued at $19 Million” on April 24, 2018. Also Globenewswire.com published the news titled: “Primoris Services Corporation Announces Utilities and Distribution Awards Valued at $63 Million” on April 19, 2018. Globenewswire.com‘s news article titled: “Primoris Services Corporation Announces 2018 First Quarter Financial Results” with publication date: May 08, 2018 was also an interesting one.

Macquarie Group Ltd, which manages about $56.56B US Long portfolio, upped its stake in Fortive Corp by 14,504 shares to 107,100 shares, valued at $8.01M in 2017Q4, according to the filing. It also increased its holding in Check Point Software Tech Lt (NASDAQ:CHKP) by 47,559 shares in the quarter, for a total of 57,059 shares, and has risen its stake in Diamondback Energy Inc (NASDAQ:FANG).

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