As Tpg Specialty Lending Ord (TSLX) Share Value Rose, Globeflex Capital LP Has Lowered Holding by $422,010; As Micron Technology (MU) Market Valuation Rose, Holder Menora Mivtachim Holdings LTD Trimmed Its Position

June 16, 2018 - By Marie Mckinney

Micron Technology, Inc. (NASDAQ:MU) Logo

Menora Mivtachim Holdings Ltd decreased its stake in Micron Technology Inc (MU) by 11.35% based on its latest 2018Q1 regulatory filing with the SEC. Menora Mivtachim Holdings Ltd sold 66,700 shares as the company’s stock rose 27.87% while stock markets declined. The institutional investor held 520,950 shares of the technology company at the end of 2018Q1, valued at $27.16 million, down from 587,650 at the end of the previous reported quarter. Menora Mivtachim Holdings Ltd who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $67.53B market cap company. The stock decreased 1.61% or $0.95 during the last trading session, reaching $58.23. About 41.76 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 108.46% since June 16, 2017 and is uptrending. It has outperformed by 95.89% the S&P500. Some Historical MU News: 21/05/2018 – MICRON TECHNOLOGY INC – CO, INTEL ANNOUNCED PRODUCTION AND SHIPMENT OF A 4BITS/CELL 3D NAND TECHNOLOGY; 22/03/2018 – Tech Wreck: Corning, Micron, T.I Among Thursday’s Battered — Barron’s Blog; 18/04/2018 – Leonardo DRS Launches 10-Micron Thermal Camera, Smallest and Most Cost-Effective on the Market; 21/05/2018 – Micron Technology Raises 3Q View To Rev $7.7B-$7.8B; 06/04/2018 – Micron Closes Below 50-Day Moving Average: Technicals; 23/03/2018 – MICRON TECHNOLOGY INC MU.O : MIZUHO RAISES TARGET PRICE TO $70 FROM $66; 21/05/2018 – Micron increases its financial guidance for its fiscal third quarter; 15/05/2018 – Micron Solutions 1Q Loss/Shr 6c; 21/05/2018 – Micron Hosts Analyst and Investor Event and Updates Guidance for Fiscal Third Quarter; 22/03/2018 – MICRON 2Q ADJ GROSS MARGIN +58.4%

Globeflex Capital LP decreased its stake in Tpg Specialty Lending Ord (TSLX) by 99.54% based on its latest 2018Q1 regulatory filing with the SEC. Globeflex Capital LP sold 23,445 shares as the company’s stock rose 4.41% while stock markets declined. The institutional investor held 108 shares of the company at the end of 2018Q1, valued at $2,000, down from 23,553 at the end of the previous reported quarter. Globeflex Capital LP who had been investing in Tpg Specialty Lending Ord for a number of months, seems to be less bullish one the $1.18 billion market cap company. The stock increased 0.28% or $0.05 during the last trading session, reaching $18.13. About 293,681 shares traded. TPG Specialty Lending, Inc. (NYSE:TSLX) has declined 6.98% since June 16, 2017 and is downtrending. It has underperformed by 19.55% the S&P500. Some Historical TSLX News: 03/05/2018 – CORRECT: TPG SPECIALTY LENDING 1Q ADJ EPS 56C, EST. 46C; 03/05/2018 – TPG SPECIALTY LENDING INC TSLX.N – QTRLY NET INCOME PER SHARE$0.56; 05/03/2018 Fitch Affirms TPG Specialty Lending at ‘BBB-‘; Outlook Revised to Positive; 03/05/2018 – TPG SPECIALTY LENDING INC TSLX.N – QTR END NET ASSET VALUE PER SHARE$16.27; 21/03/2018 – TPG Specialty Lending, Inc. Prices Public Offering of Common Stk; 03/05/2018 – TPG Specialty Lending 4Q EPS 56c; 04/04/2018 – TPG Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2018; 05/03/2018 – FITCH AFFIRMS TPG SPECIALTY LENDING AT ‘BBB-‘; OUTLOOK POSITIVE; 20/03/2018 – TPG Specialty Lending, Inc. Announces Public Offering of Common Stk; 03/05/2018 – TPG SPECIALTY LENDING 1Q ADJ EPS 0.56C, EST. 45.70C

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “Micron: Pessimism Is An Opportunity” on June 06, 2018, also Seekingalpha.com with their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018, Nasdaq.com published: “Only Memory Prices Matter With Micron Technology, Inc. Stock” on June 05, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Micron’s 3D XPoint Could Revolutionize AI” published on May 26, 2018 as well as Seekingalpha.com‘s news article titled: “Micron: Good News Continues” with publication date: May 28, 2018.

Menora Mivtachim Holdings Ltd, which manages about $3.16B US Long portfolio, upped its stake in Royal Dutch Shell Plc by 8,055 shares to 496,185 shares, valued at $32.52 million in 2018Q1, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 24,100 shares in the quarter, for a total of 240,523 shares, and has risen its stake in Rio Tinto Plc (NYSE:RIO).

Investors sentiment decreased to 1.13 in Q1 2018. Its down 0.11, from 1.24 in 2017Q4. It dropped, as 52 investors sold MU shares while 282 reduced holdings. 138 funds opened positions while 241 raised stakes. 846.69 million shares or 4.13% less from 883.15 million shares in 2017Q4 were reported. Asset Strategies Inc, New York-based fund reported 9,800 shares. First Allied Advisory Services Incorporated has 54,606 shares for 0.11% of their portfolio. National Pension Service reported 1.06 million shares or 0.28% of all its holdings. Parallax Volatility Advisers Limited Partnership holds 4.27 million shares. 37,256 are owned by Meiji Yasuda Life Insurance. 246,729 were accumulated by Marshall Wace Ltd Liability Partnership. Employees Retirement Of Texas reported 502,700 shares or 0.35% of all its holdings. Fincl Bank Of America Corporation De reported 4.20 million shares. Private Advisor Grp Inc Limited Liability Com holds 20,040 shares or 0.04% of its portfolio. Manufacturers Life Insurance The accumulated 1.23 million shares or 0.07% of the stock. Stelliam Invest Mngmt Lp reported 602,500 shares stake. Commonwealth Of Pennsylvania School Empls Retrmt System, a Pennsylvania-based fund reported 103,469 shares. Shelton Cap owns 104,664 shares. Utah Retirement Sys holds 203,295 shares or 0.23% of its portfolio. 634,304 were accumulated by Arvest Savings Bank Division.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on June, 20 after the close. They expect $3.10 EPS, up 121.43% or $1.70 from last year’s $1.4 per share. MU’s profit will be $3.60B for 4.70 P/E if the $3.10 EPS becomes a reality. After $2.80 actual EPS reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 10.71% EPS growth.

Among 44 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 9 Hold. Therefore 77% are positive. Micron Technology Inc. had 251 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by Mizuho on Wednesday, July 5. The firm has “Buy” rating given on Monday, March 19 by Deutsche Bank. The firm earned “Buy” rating on Thursday, May 10 by Morgan Stanley. The firm earned “Buy” rating on Monday, July 31 by Wells Fargo. The firm has “Buy” rating given on Tuesday, February 23 by Mizuho. The firm earned “Hold” rating on Monday, October 9 by BMO Capital Markets. On Wednesday, February 7 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Buy” rating on Thursday, December 22 by Summit Redstone Partners. On Wednesday, July 29 the stock rating was upgraded by Drexel Hamilton to “Buy”. The firm earned “Buy” rating on Monday, April 16 by KeyBanc Capital Markets.

Since January 2, 2018, it had 0 insider buys, and 15 sales for $9.36 million activity. BAILEY ROBERT L had sold 3,000 shares worth $129,520 on Thursday, February 1. $2.17M worth of Micron Technology, Inc. (NASDAQ:MU) was sold by Mondry Lawrence N. Byrne Patrick J sold $665,058 worth of Micron Technology, Inc. (NASDAQ:MU) on Wednesday, May 2. Thorsen Steven L. JR also sold $1.36M worth of Micron Technology, Inc. (NASDAQ:MU) shares. 14,750 shares were sold by Deboer Scott J, worth $638,380. Another trade for 25,000 shares valued at $1.26M was sold by JOHNSON MERCEDES.

Among 9 analysts covering TPG Specialty Lending (NYSE:TSLX), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. TPG Specialty Lending had 15 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by JMP Securities with “Outperform” on Monday, August 7. As per Monday, November 28, the company rating was downgraded by National Securities. The rating was upgraded by National Securities to “Buy” on Monday, February 26. SunTrust maintained TPG Specialty Lending, Inc. (NYSE:TSLX) on Thursday, February 22 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, December 8 by Ladenburg Thalmann. Zacks upgraded TPG Specialty Lending, Inc. (NYSE:TSLX) rating on Wednesday, August 19. Zacks has “Hold” rating and $20 target. The firm has “Buy” rating given on Wednesday, April 27 by Janney Capital. JMP Securities maintained the stock with “Outperform” rating in Friday, February 23 report. On Saturday, August 29 the stock rating was upgraded by Zacks to “Hold”. The firm has “Neutral” rating given on Friday, August 12 by Citigroup.

More recent TPG Specialty Lending, Inc. (NYSE:TSLX) news were published by: Seekingalpha.com which released: “This 11.2% Yielding BDC Is Ready For Shareholder Activism” on May 30, 2018. Also Seekingalpha.com published the news titled: “TPG Specialty Lending reopens convertible notes offering” on June 14, 2018. Businesswire.com‘s news article titled: “TPG Specialty Lending, Inc. Prices $50 Million of Unsecured Convertible Notes” with publication date: June 15, 2018 was also an interesting one.

Analysts await TPG Specialty Lending, Inc. (NYSE:TSLX) to report earnings on August, 1. They expect $0.48 EPS, down 15.79% or $0.09 from last year’s $0.57 per share. TSLX’s profit will be $31.14 million for 9.44 P/E if the $0.48 EPS becomes a reality. After $0.51 actual EPS reported by TPG Specialty Lending, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Globeflex Capital L P, which manages about $3.98B and $472.58 million US Long portfolio, upped its stake in Ttm Technologies Inc (NASDAQ:TTMI) by 20,600 shares to 47,765 shares, valued at $730,000 in 2018Q1, according to the filing. It also increased its holding in Arris International Ord by 23,746 shares in the quarter, for a total of 60,046 shares, and has risen its stake in Advansix Ord.

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

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