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Timucuan Asset Management Has Increased Holding in Dolby Laboratories Com (DLB) as Shares Rose; Pioneer Nat Res Co (PXD) Holder Avenir Upped Its Holding

Timucuan Asset Management Inc increased its stake in Dolby Laboratories Inc Com (DLB) by 3.5% based on its latest 2017Q3 regulatory filing with the SEC. Timucuan Asset Management Inc bought 41,043 shares as the company’s stock rose 2.31% with the market. The hedge fund held 1.21M shares of the multi-sector company at the end of 2017Q3, valued at $69.79 million, up from 1.17 million at the end of the previous reported quarter. Timucuan Asset Management Inc who had been investing in Dolby Laboratories Inc Com for a number of months, seems to be bullish on the $6.71 billion market cap company. The stock increased 1.65% or $1.06 during the last trading session, reaching $65.35. About 431,019 shares traded or 33.72% up from the average. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since January 13, 2017 and is uptrending. It has underperformed by 2.35% the S&P500.

Avenir Corp increased its stake in Pioneer Nat Res Co (PXD) by 20.39% based on its latest 2017Q3 regulatory filing with the SEC. Avenir Corp bought 71,766 shares as the company’s stock declined 8.01% while stock markets rallied. The institutional investor held 423,682 shares of the oil & gas production company at the end of 2017Q3, valued at $62.51M, up from 351,916 at the end of the previous reported quarter. Avenir Corp who had been investing in Pioneer Nat Res Co for a number of months, seems to be bullish on the $31.68 billion market cap company. The stock increased 1.08% or $1.98 during the last trading session, reaching $186.15. About 1.36M shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since January 13, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.43, from 1.47 in 2017Q2. It worsened, as 28 investors sold DLB shares while 71 reduced holdings. 33 funds opened positions while 70 raised stakes. 52.63 million shares or 2.95% more from 51.12 million shares in 2017Q2 were reported. Eqis Mgmt stated it has 0.02% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Cortina Asset Limited Liability Corp owns 85,562 shares. Gabelli Funds Lc, a New York-based fund reported 79,000 shares. Art Limited Liability Company reported 0.07% in Dolby Laboratories, Inc. (NYSE:DLB). Etrade Cap Mngmt Limited Liability invested 0.01% in Dolby Laboratories, Inc. (NYSE:DLB). Castleark Mngmt Ltd Co stated it has 0.12% in Dolby Laboratories, Inc. (NYSE:DLB). Oppenheimer Asset holds 0.02% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB) for 12,713 shares. 1.33M are owned by National Bank & Trust Of America De. Contravisory Inv Inc reported 31 shares. Menta Ltd has 14,580 shares. Thompson Davis Co reported 99 shares or 0.01% of all its holdings. Franklin holds 4,063 shares or 0% of its portfolio. Denali Advsrs Ltd, a California-based fund reported 25,200 shares. Carroll Financial Associates reported 105 shares. Hbk Ltd Partnership invested in 31,631 shares or 0.01% of the stock.

Among 5 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Dolby Laboratories had 12 analyst reports since October 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, April 28 by Dougherty & Company. The company was maintained on Wednesday, July 26 by Piper Jaffray. The firm has “Hold” rating by Piper Jaffray given on Friday, July 14. The company was upgraded on Monday, July 17 by B. Riley & Co. B. Riley & Co maintained Dolby Laboratories, Inc. (NYSE:DLB) on Thursday, October 26 with “Buy” rating. As per Thursday, January 28, the company rating was upgraded by Dougherty & Company. The firm has “Buy” rating given on Thursday, October 19 by B. Riley & Co. Dougherty maintained the stock with “Buy” rating in Wednesday, September 13 report. On Wednesday, July 26 the stock rating was maintained by B. Riley & Co with “Buy”. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Neutral” rating by B. Riley & Co on Thursday, October 22.

Since August 1, 2017, it had 0 insider purchases, and 20 selling transactions for $63.55 million activity. YEAMAN KEVIN J also sold $1.10 million worth of Dolby Laboratories, Inc. (NYSE:DLB) on Friday, December 15. SHERMAN MARK ANDREW sold $420,002 worth of Dolby Laboratories, Inc. (NYSE:DLB) on Wednesday, October 18. Shares for $558,600 were sold by GOTCHER PETER C on Wednesday, October 18. Another trade for 8,000 shares valued at $480,000 was sold by JASPER N WILLIAM JR.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.07, from 1.1 in 2017Q2. It fall, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. Kentucky Retirement System reported 10,444 shares. 5,255 were accumulated by L S Advsrs Inc. Cubic Asset Ltd Liability Co invested in 5,895 shares or 0.24% of the stock. Sandy Spring Commercial Bank reported 100 shares or 0% of all its holdings. Essex Inv Mngmt Communication Limited Liability Corporation reported 9,068 shares. Waddell Reed Inc has 0.31% invested in Pioneer Natural Resources Company (NYSE:PXD). Veritable Limited Partnership accumulated 4,930 shares or 0.02% of the stock. Northern Trust holds 0.08% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 2.04M shares. British Columbia Mngmt Corp holds 0.17% in Pioneer Natural Resources Company (NYSE:PXD) or 149,609 shares. Geode Cap Management Ltd Liability Company has 0.09% invested in Pioneer Natural Resources Company (NYSE:PXD) for 1.62M shares. Old Second Bancorporation Of Aurora holds 0.01% or 200 shares. Ariel Invests Ltd Llc accumulated 0.26% or 151,931 shares. Creative Planning, a Kansas-based fund reported 14,327 shares. Shell Asset Management accumulated 22,044 shares or 0.07% of the stock. Livforsakringsbolaget Skandia Omsesidigt invested 0.04% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD).

Avenir Corp, which manages about $1.38B and $1.16 billion US Long portfolio, decreased its stake in Bank Amer Corp (NYSE:BAC) by 83,817 shares to 1.47 million shares, valued at $37.18M in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 3,801 shares in the quarter, leaving it with 122,432 shares, and cut its stake in Dennys Corp (NASDAQ:DENN).

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