Monarch Partners Asset Management Continues to Hold Stake in Silicon Motion Technology Co (SIMO); Systematic Financial Management LP Stake in Aerovironment (AVAV) Lowered by $5.38 Million as Market Valuation Declined

May 17, 2018 - By Pete Kolinski

AeroVironment, Inc. (NASDAQ:AVAV) Logo

Systematic Financial Management Lp decreased its stake in Aerovironment Inc. (AVAV) by 65.21% based on its latest 2017Q4 regulatory filing with the SEC. Systematic Financial Management Lp sold 96,071 shares as the company’s stock declined 20.72% with the market. The institutional investor held 51,265 shares of the capital goods company at the end of 2017Q4, valued at $2.88M, down from 147,336 at the end of the previous reported quarter. Systematic Financial Management Lp who had been investing in Aerovironment Inc. for a number of months, seems to be less bullish one the $1.24 billion market cap company. The stock decreased 2.46% or $1.33 during the last trading session, reaching $52.82. About 682,871 shares traded or 93.12% up from the average. AeroVironment, Inc. (NASDAQ:AVAV) has risen 65.98% since May 17, 2017 and is uptrending. It has outperformed by 54.43% the S&P500.

Monarch Partners Asset Management Llc increased its stake in Silicon Motion Technology Co (SIMO) by 71.34% based on its latest 2017Q4 regulatory filing with the SEC. Monarch Partners Asset Management Llc bought 60,190 shares as the company’s stock declined 8.05% with the market. The institutional investor held 144,555 shares of the semiconductors company at the end of 2017Q4, valued at $7.66 million, up from 84,365 at the end of the previous reported quarter. Monarch Partners Asset Management Llc who had been investing in Silicon Motion Technology Co for a number of months, seems to be bullish on the $1.80B market cap company. The stock increased 2.51% or $1.22 during the last trading session, reaching $49.85. About 168,246 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 8.09% since May 17, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Since December 14, 2017, it had 0 insider purchases, and 7 selling transactions for $2.69 million activity.

Systematic Financial Management Lp, which manages about $14.04 billion and $5.00 billion US Long portfolio, upped its stake in Avon Products Inc. (NYSE:AVP) by 176,390 shares to 749,180 shares, valued at $1.61M in 2017Q4, according to the filing. It also increased its holding in Tivity Health Inc. by 58,430 shares in the quarter, for a total of 79,772 shares, and has risen its stake in Nomad Foods Limited.

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.61, from 1.87 in 2017Q3. It worsened, as 15 investors sold AVAV shares while 50 reduced holdings. 34 funds opened positions while 48 raised stakes. 17.40 million shares or 1.57% more from 17.13 million shares in 2017Q3 were reported. Moreover, Northwestern Mutual Wealth Mgmt Communication has 0% invested in AeroVironment, Inc. (NASDAQ:AVAV) for 190 shares. Ameritas Inv Prns Inc stated it has 1,707 shares or 0% of all its holdings. Fund, France-based fund reported 5,400 shares. Barrow Hanley Mewhinney And Strauss Lc holds 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV) for 36,740 shares. Goldman Sachs Group Inc reported 93,355 shares. Metropolitan Life Ny holds 0.01% or 6,739 shares in its portfolio. Symmetry Peak Llc reported 3,750 shares stake. Proshare Advisors Ltd Company reported 3,763 shares. Wellington Shields Cap Ltd Liability invested 0.09% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV). White Pine Capital Ltd Liability holds 3,975 shares or 0.08% of its portfolio. Kbc Gp Nv reported 51,531 shares. North Star Inv Mgmt holds 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV) for 550 shares. Hsbc Holding Public Ltd Co accumulated 38,387 shares or 0% of the stock. Prudential Fin has 35,363 shares. Guggenheim Capital Limited Liability Company reported 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV).

More news for AeroVironment, Inc. (NASDAQ:AVAV) were recently published by: Profitconfidential.com, which released: “AVAV Stock Is All Set to Make a Move Toward Much Higher Stock Prices” on April 20, 2018. Businesswire.com‘s article titled: “AeroVironment, Inc. to Present at the Jefferies Global Technology Conference” and published on May 08, 2018 is yet another important article.

Among 7 analysts covering AeroVironment (NASDAQ:AVAV), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. AeroVironment had 26 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, August 30. The stock of AeroVironment, Inc. (NASDAQ:AVAV) earned “Hold” rating by Jefferies on Friday, October 6. The stock of AeroVironment, Inc. (NASDAQ:AVAV) earned “Hold” rating by Piper Jaffray on Wednesday, December 6. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, December 5. The stock has “Overweight” rating by Piper Jaffray on Monday, September 14. The company was downgraded on Monday, July 3 by Piper Jaffray. The firm has “Hold” rating by Jefferies given on Wednesday, August 2. The company was maintained on Friday, June 23 by Jefferies. The rating was downgraded by on Monday, July 3 to “”. The stock has “Neutral” rating by Robert W. Baird on Thursday, October 6.

Analysts await AeroVironment, Inc. (NASDAQ:AVAV) to report earnings on June, 26. They expect $0.43 EPS, down 66.92% or $0.87 from last year’s $1.3 per share. AVAV’s profit will be $10.09M for 30.71 P/E if the $0.43 EPS becomes a reality. After $0.09 actual EPS reported by AeroVironment, Inc. for the previous quarter, Wall Street now forecasts 377.78% EPS growth.

More important recent Silicon Motion Technology Corporation (NASDAQ:SIMO) news were published by: Seekingalpha.com which released: “Silicon Motion: Bias Toward The High Side” on April 30, 2018, also Seekingalpha.com published article titled: “Headwinds Turn Into Tailwinds At Silicon Motion”, Globenewswire.com published: “Silicon Motion Confirms Quarterly Dividend” on April 23, 2018. More interesting news about Silicon Motion Technology Corporation (NASDAQ:SIMO) was released by: Streetinsider.com and their article: “Silicon Motion Technology (SIMO) Tops Q1 EPS by 2c, Beats on Revenues; Offers FY18 Revenue Mid-Point Outlook …” with publication date: April 26, 2018.

Among 19 analysts covering Silicon Motion (NASDAQ:SIMO), 15 have Buy rating, 1 Sell and 3 Hold. Therefore 79% are positive. Silicon Motion had 43 analyst reports since July 28, 2015 according to SRatingsIntel. Brean Capital maintained the shares of SIMO in report on Wednesday, March 23 with “Buy” rating. KeyBanc Capital Markets maintained it with “Buy” rating and $54.0 target in Wednesday, February 7 report. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Buy” rating given on Tuesday, October 24 by Roth Capital. The company was maintained on Friday, January 29 by Topeka Capital Markets. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. On Friday, October 27 the stock rating was maintained by Northland Capital with “Buy”. On Friday, January 19 the stock rating was maintained by Craig Hallum with “Buy”. The rating was upgraded by Pacific Crest to “Outperform” on Monday, August 17. The rating was reinitiated by Pacific Crest on Tuesday, January 3 with “Overweight”. As per Thursday, February 8, the company rating was maintained by Needham.

AeroVironment, Inc. (NASDAQ:AVAV) Institutional Positions Chart

- 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:


>