Hudson Technologies (HDSN) Shareholder Vnbtrust National Association Has Lowered Holding by $726,120 as Shares Declined; Nisource (NI) Valuation Declined While Zimmer Partners LP Cut by $50.00 Million Its Position

May 20, 2018 - By Pete Kolinski

NiSource Inc. (NYSE:NI) Logo

Stuart J. Zimmer decreased its stake in Nisource Inc (NI) by 19.05% based on its latest 2017Q4 regulatory filing with the SEC. Zimmer Partners Lp sold 2.00 million shares as the company’s stock declined 5.89% with the market. The hedge fund run by Stuart J. Zimmer held 8.50 million shares of the public utilities company at the end of 2017Q4, valued at $218.12 million, down from 10.50 million at the end of the previous reported quarter. Zimmer Partners Lp who had been investing in Nisource Inc for a number of months, seems to be less bullish one the $8.25B market cap company. The stock increased 0.29% or $0.07 during the last trading session, reaching $24.43. About 3.27 million shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since May 20, 2017 and is downtrending. It has underperformed by 11.63% the S&P500.

Vnbtrust National Association decreased its stake in Hudson Technologies Inc (HDSN) by 13.09% based on its latest 2017Q4 regulatory filing with the SEC. Vnbtrust National Association sold 121,020 shares as the company’s stock declined 23.65% with the market. The institutional investor held 803,498 shares of the consumer durables company at the end of 2017Q4, valued at $4.88 million, down from 924,518 at the end of the previous reported quarter. Vnbtrust National Association who had been investing in Hudson Technologies Inc for a number of months, seems to be less bullish one the $105.58M market cap company. The stock decreased 2.35% or $0.06 during the last trading session, reaching $2.49. About 452,341 shares traded. Hudson Technologies Inc. (NASDAQ:HDSN) has declined 30.03% since May 20, 2017 and is downtrending. It has underperformed by 41.58% the S&P500.

Vnbtrust National Association, which manages about $171.43 million US Long portfolio, upped its stake in Liberty Global Plc by 76,286 shares to 429,562 shares, valued at $8.54 million in 2017Q4, according to the filing. It also increased its holding in Discovery Communicatns New (NASDAQ:DISCK) by 172,540 shares in the quarter, for a total of 764,221 shares, and has risen its stake in Dish Network Corp (NASDAQ:DISH).

Among 4 analysts covering Hudson Technologies (NASDAQ:HDSN), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Hudson Technologies had 11 analyst reports since April 12, 2016 according to SRatingsIntel. Craig Hallum maintained the shares of HDSN in report on Thursday, August 10 with “Buy” rating. On Friday, August 11 the stock rating was downgraded by B. Riley & Co to “Hold”. The firm earned “Buy” rating on Friday, June 16 by Roth Capital. The stock of Hudson Technologies Inc. (NASDAQ:HDSN) has “Buy” rating given on Thursday, March 8 by Roth Capital. As per Tuesday, April 12, the company rating was initiated by B. Riley & Co. The rating was maintained by B. Riley & Co with “Neutral” on Tuesday, March 6. Roth Capital maintained the stock with “Buy” rating in Thursday, August 10 report. Roth Capital maintained Hudson Technologies Inc. (NASDAQ:HDSN) rating on Friday, November 3. Roth Capital has “Buy” rating and $11.0 target. FBR Capital maintained Hudson Technologies Inc. (NASDAQ:HDSN) on Thursday, May 10 with “Neutral” rating. The stock of Hudson Technologies Inc. (NASDAQ:HDSN) earned “Buy” rating by Roth Capital on Wednesday, June 28.

Analysts await Hudson Technologies Inc. (NASDAQ:HDSN) to report earnings on August, 8. They expect $0.16 earnings per share, down 27.27% or $0.06 from last year’s $0.22 per share. HDSN’s profit will be $6.78M for 3.89 P/E if the $0.16 EPS becomes a reality. After $-0.02 actual earnings per share reported by Hudson Technologies Inc. for the previous quarter, Wall Street now forecasts -900.00% EPS growth.

Since December 15, 2017, it had 6 insider purchases, and 0 selling transactions for $124,560 activity. ABBATECOLA VINCENT P also bought $5,500 worth of Hudson Technologies Inc. (NASDAQ:HDSN) shares. Shares for $27,550 were bought by ZUGIBE KEVIN J. COLEMAN BRIAN F had bought 2,000 shares worth $11,020. The insider Parrillo Richard bought 10,000 shares worth $57,950.

More news for Hudson Technologies Inc. (NASDAQ:HDSN) were recently published by: Globenewswire.com, which released: “Hudson Technologies Reports First Quarter 2018 Revenues of $42.4 Million” on May 09, 2018. Seekingalpha.com‘s article titled: “Hudson Technologies slides after rough Q1” and published on May 10, 2018 is yet another important article.

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.11, from 1.26 in 2017Q3. It dropped, as 26 investors sold HDSN shares while 26 reduced holdings. 25 funds opened positions while 35 raised stakes. 30.77 million shares or 3.26% more from 29.80 million shares in 2017Q3 were reported. Dnb Asset Management As holds 0.2% of its portfolio in Hudson Technologies Inc. (NASDAQ:HDSN) for 2.74 million shares. Vanguard Grp holds 0% or 1.62 million shares in its portfolio. Susquehanna Int Group Limited Liability Partnership owns 0% invested in Hudson Technologies Inc. (NASDAQ:HDSN) for 67,735 shares. Optimum Invest Advsrs holds 0.03% of its portfolio in Hudson Technologies Inc. (NASDAQ:HDSN) for 13,500 shares. Elk Creek Prtn Ltd Liability Company holds 0.43% of its portfolio in Hudson Technologies Inc. (NASDAQ:HDSN) for 1.19 million shares. Voya Inv Management Limited holds 15,529 shares or 0% of its portfolio. Citigroup Inc reported 2,514 shares. Parametric Portfolio Assoc Limited Liability Company reported 0% stake. California Public Employees Retirement invested in 104,500 shares. Essex Management Limited Liability Corp invested in 112,683 shares. Violich Management reported 0.07% in Hudson Technologies Inc. (NASDAQ:HDSN). Stratos Wealth Limited reported 0% stake. Mckinley Cap Mngmt Limited Com Delaware reported 568,769 shares. Vnbtrust Natl Association has invested 2.84% in Hudson Technologies Inc. (NASDAQ:HDSN). Pnc Financial Svcs Gp, a Pennsylvania-based fund reported 8,000 shares.

Analysts await NiSource Inc. (NYSE:NI) to report earnings on August, 1. They expect $0.11 earnings per share, up 10.00% or $0.01 from last year’s $0.1 per share. NI’s profit will be $37.15 million for 55.52 P/E if the $0.11 EPS becomes a reality. After $0.77 actual earnings per share reported by NiSource Inc. for the previous quarter, Wall Street now forecasts -85.71% negative EPS growth.

Since May 7, 2018, it had 1 insider purchase, and 1 sale for $299,912 activity. $399,212 worth of stock was sold by Smith Teresa M on Monday, May 7.

Among 16 analysts covering Nisource Inc. (NYSE:NI), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Nisource Inc. had 39 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, October 16. The firm has “Equal-Weight” rating given on Friday, March 18 by Barclays Capital. The stock of NiSource Inc. (NYSE:NI) earned “Sell” rating by Credit Suisse on Tuesday, June 27. Argus Research upgraded the shares of NI in report on Tuesday, September 15 to “Hold” rating. The stock of NiSource Inc. (NYSE:NI) earned “Outperform” rating by Credit Suisse on Monday, August 14. The firm earned “Hold” rating on Wednesday, December 20 by Jefferies. The rating was downgraded by Citigroup on Tuesday, March 27 to “Neutral”. The firm has “Buy” rating by Guggenheim given on Monday, January 9. On Friday, July 8 the stock rating was downgraded by UBS to “Neutral”. The firm has “Hold” rating by Jefferies given on Thursday, September 7.

Zimmer Partners Lp, which manages about $1.50 billion and $4.11B US Long portfolio, upped its stake in Venator Matls Plc by 2.11 million shares to 4.13M shares, valued at $91.33M in 2017Q4, according to the filing. It also increased its holding in American Wtr Wks Co Inc New (NYSE:AWK) by 690,000 shares in the quarter, for a total of 932,500 shares, and has risen its stake in Orion Engineered Carbons S A (NYSE:OEC).

Investors sentiment increased to 1.46 in 2017 Q4. Its up 0.11, from 1.35 in 2017Q3. It improved, as 27 investors sold NI shares while 109 reduced holdings. 48 funds opened positions while 150 raised stakes. 281.01 million shares or 4.47% more from 269.00 million shares in 2017Q3 were reported. Axa holds 0.05% of its portfolio in NiSource Inc. (NYSE:NI) for 517,500 shares. Cohen Cap Mngmt Inc accumulated 21,200 shares. 473,048 are owned by Barclays Public Limited. Icon Advisers Inc has invested 0.13% in NiSource Inc. (NYSE:NI). Pggm Invs accumulated 138,400 shares. Guggenheim Ltd Liability Com reported 0.1% stake. Nomura invested 0.01% in NiSource Inc. (NYSE:NI). Fmr Limited Liability Company has invested 0% in NiSource Inc. (NYSE:NI). Massachusetts Finance Serv Ma holds 0.03% or 2.45 million shares in its portfolio. Services Corporation accumulated 100 shares or 0% of the stock. Pub Employees Retirement Association Of Colorado invested in 0.01% or 61,682 shares. Pnc Financial Svcs Inc reported 0% in NiSource Inc. (NYSE:NI). Of Vermont holds 3,968 shares. Lmr Prns Ltd Liability Partnership invested in 21,999 shares. Fort Washington Advsr Oh owns 0.02% invested in NiSource Inc. (NYSE:NI) for 79,011 shares.

Hudson Technologies Inc. (NASDAQ:HDSN) Institutional Positions Chart

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