Ameriprise Financial Increased Ii (IIVI) Stake by $23.99 Million; Profile of 4 Analysts Covering JMP Group (JMP)

May 18, 2018 - By Ellis Scott

JMP Group LLC (NYSE:JMP) Logo

Ameriprise Financial Inc increased Ii (NASDAQ:IIVI) stake by 65.27% reported in 2018Q1 SEC filing. Ameriprise Financial Inc acquired 599,774 shares as Ii (NASDAQ:IIVI)’s stock declined 9.83%. The Ameriprise Financial Inc holds 1.52M shares with $62.11M value, up from 918,853 last quarter. Ii now has $2.81B valuation. The stock decreased 1.32% or $0.6 during the last trading session, reaching $44.95. About 338,652 shares traded. II-VI Incorporated (NASDAQ:IIVI) has risen 8.25% since May 18, 2017 and is uptrending. It has underperformed by 3.30% the S&P500.

Among 6 analysts covering JMP Group (NYSE:JMP), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. JMP Group had 10 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of JMP Group LLC (NYSE:JMP) earned “Sell” rating by TheStreet on Wednesday, September 2. The firm has “Outperform” rating by Barrington Research given on Monday, October 26. The stock of JMP Group LLC (NYSE:JMP) has “Overweight” rating given on Thursday, March 15 by Morgan Stanley. The company was maintained on Wednesday, October 7 by Wood. The firm earned “Hold” rating on Thursday, November 2 by Keefe Bruyette & Woods. The stock of JMP Group LLC (NYSE:JMP) has “Mkt Perform” rating given on Friday, December 11 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained JMP Group LLC (NYSE:JMP) on Thursday, April 5 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Wednesday, January 10 report. See JMP Group LLC (NYSE:JMP) latest ratings:

05/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $5.5000 Maintain
15/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $136 New Target: $138 Maintain
16/02/2018 Broker: Barrington Rating: Buy New Target: $8.0
10/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $5.75 Maintain

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.43, from 1.29 in 2017Q3. It dived, as 4 investors sold JMP Group LLC shares while 3 reduced holdings. 2 funds opened positions while 4 raised stakes. 2.90 million shares or 4.88% more from 2.77 million shares in 2017Q3 were reported. Price T Rowe Assocs Md invested 0% in JMP Group LLC (NYSE:JMP). Us Bank & Trust De reported 0% stake. Continental Ltd Com has invested 0.36% of its portfolio in JMP Group LLC (NYSE:JMP). The California-based California Employees Retirement System has invested 0% in JMP Group LLC (NYSE:JMP). Royal Bank Of Canada, a Ontario – Canada-based fund reported 41,762 shares. Hilltop has invested 0.06% in JMP Group LLC (NYSE:JMP). 23,589 were accumulated by Arbiter Partners Cap Management Lc. Putnam Investments Lc holds 137,700 shares. The United Kingdom-based Gsa Cap Limited Liability Partnership has invested 0% in JMP Group LLC (NYSE:JMP). Bridgeway Capital Mgmt Inc holds 116,451 shares. Essex Investment Mngmt Limited Liability Co owns 0.04% invested in JMP Group LLC (NYSE:JMP) for 48,695 shares. Renaissance Ltd Liability stated it has 0% of its portfolio in JMP Group LLC (NYSE:JMP). Moreover, Manufacturers Life Ins The has 0% invested in JMP Group LLC (NYSE:JMP). Deutsche Retail Bank Ag, a Germany-based fund reported 122,216 shares. Fmr Ltd owns 506,700 shares or 0% of their US portfolio.

JMP Group LLC, together with its subsidiaries, provides investment banking, sales and trading, equity research, and asset management services in the United States. The company has market cap of $110.18 million. It operates through three divisions: Broker-Dealer, Asset Management, and Corporate divisions. It currently has negative earnings. The Broker-Dealer segment offers services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions; and financial advisory services in mergers and acquisitions, restructuring, and other strategic transactions.

The stock increased 0.99% or $0.05 during the last trading session, reaching $5.11. About 3,373 shares traded. JMP Group LLC (NYSE:JMP) has declined 15.70% since May 18, 2017 and is downtrending. It has underperformed by 27.25% the S&P500.

More important recent JMP Group LLC (NYSE:JMP) news were published by: Seekingalpha.com which released: “JMP Group’s (JMP) CEO Joe Jolson on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018, also Businesswire.com published article titled: “JMP Group Reports First Quarter 2018 Financial Results”, Businesswire.com published: “JMP Group to Report First Quarter Financial Results on May 2, 2018” on April 27, 2018. More interesting news about JMP Group LLC (NYSE:JMP) was released by: Businesswire.com and their article: “JMP Group Declares Second Quarter 2018 Monthly Distributions” with publication date: April 19, 2018.

Since March 20, 2018, it had 0 insider purchases, and 1 insider sale for $378,738 activity. MATTERA VINCENT D JR sold $378,738 worth of II-VI Incorporated (NASDAQ:IIVI) on Tuesday, March 20.

Among 13 analysts covering II-VI (NASDAQ:IIVI), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. II-VI has $70 highest and $19 lowest target. $53.25’s average target is 18.46% above currents $44.95 stock price. II-VI had 35 analyst reports since August 4, 2015 according to SRatingsIntel. On Friday, February 2 the stock rating was maintained by Northland Capital with “Hold”. The firm has “Buy” rating given on Wednesday, October 26 by B. Riley & Co. The rating was maintained by Benchmark on Tuesday, August 8 with “Buy”. The firm has “Buy” rating given on Wednesday, June 21 by Needham. Needham maintained the stock with “Buy” rating in Wednesday, January 25 report. The rating was upgraded by B. Riley & Co to “Buy” on Tuesday, March 20. As per Monday, January 22, the company rating was downgraded by Northland Capital. The rating was maintained by Benchmark on Monday, June 5 with “Buy”. As per Tuesday, October 31, the company rating was maintained by Needham. On Wednesday, August 23 the stock rating was maintained by Benchmark with “Buy”.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.10, from 1.08 in 2017Q3. It worsened, as 24 investors sold IIVI shares while 76 reduced holdings. 43 funds opened positions while 55 raised stakes. 53.88 million shares or 10.18% more from 48.90 million shares in 2017Q3 were reported. Washington-based Cornerstone Advsr has invested 0.02% in II-VI Incorporated (NASDAQ:IIVI). Bard Assoc stated it has 190,503 shares. Wellington Gru Limited Liability Partnership holds 5.96M shares or 0.06% of its portfolio. Royal Savings Bank Of Canada has 14,451 shares. Jane Street Grp Limited Liability holds 0% of its portfolio in II-VI Incorporated (NASDAQ:IIVI) for 7,478 shares. Discovery Capital Llc Ct has invested 3.6% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Amalgamated Savings Bank, a New York-based fund reported 8,737 shares. California Employees Retirement has 0.01% invested in II-VI Incorporated (NASDAQ:IIVI). Scout Investments has 0.2% invested in II-VI Incorporated (NASDAQ:IIVI) for 174,975 shares. Principal Gp invested 0.04% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). North Carolina-based Sheets Smith Wealth Management has invested 0.14% in II-VI Incorporated (NASDAQ:IIVI). Price T Rowe Associate Md invested in 15,859 shares or 0% of the stock. Parthenon Limited Liability Co reported 6,550 shares stake. Pub Employees Retirement Of Ohio holds 0% of its portfolio in II-VI Incorporated (NASDAQ:IIVI) for 2,246 shares. Eulav Asset owns 0.02% invested in II-VI Incorporated (NASDAQ:IIVI) for 10,500 shares.

II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company has market cap of $2.81 billion. The companyÂ’s II-VI Laser Solutions segment provides optical and electro-optical components and materials for use in high-power CO2 lasers, and fiber-delivered beam delivery systems and processing tools, as well as offers direct diode lasers for industrial lasers under the II-VI HIGHYAG and II-VI Laser Enterprise brands; compound semiconductor epitaxial wafers for optical components, wireless devices, and high-speed communication systems applications; and 6-inch gallium arsenide wafers for use in production of high performance lasers and integrated circuits under the II-VI EpiWorks and II-VI OptoElectronic Devices Division brands. It has a 34.1 P/E ratio. The Company’s II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks, and other various consumer and commercial applications.

II-VI Incorporated (NASDAQ:IIVI) Institutional Positions Chart

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