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As Jason Inds (JASN) Market Value Declined, Scopus Asset Management LP Has Trimmed Its Position; Spindletop Capital Holds Position in Svb Finl Group (SIVB)

Alexander Mitchell decreased its stake in Jason Inds Inc (JASN) by 79.98% based on its latest 2017Q3 regulatory filing with the SEC. Scopus Asset Management Lp sold 1.20M shares as the company’s stock declined 4.14% while stock markets rallied. The hedge fund run by Alexander Mitchell held 300,000 shares of the consumer durables company at the end of 2017Q3, valued at $477,000, down from 1.50M at the end of the previous reported quarter. Scopus Asset Management Lp who had been investing in Jason Inds Inc for a number of months, seems to be less bullish one the $55.31M market cap company. The stock decreased 2.29% or $0.05 during the last trading session, reaching $2.13. About 16,686 shares traded. Jason Industries, Inc. (NASDAQ:JASN) has declined 64.54% since February 9, 2017 and is downtrending. It has underperformed by 81.24% the S&P500.

Spindletop Capital Llc increased its stake in Svb Finl Group (SIVB) by 3.27% based on its latest 2017Q3 regulatory filing with the SEC. Spindletop Capital Llc bought 3,350 shares as the company’s stock declined 4.82% while stock markets rallied. The institutional investor held 105,750 shares of the major banks company at the end of 2017Q3, valued at $19.79M, up from 102,400 at the end of the previous reported quarter. Spindletop Capital Llc who had been investing in Svb Finl Group for a number of months, seems to be bullish on the $12.15B market cap company. The stock increased 1.29% or $2.92 during the last trading session, reaching $230. About 172,601 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 74.61% since February 9, 2017 and is uptrending. It has outperformed by 57.91% the S&P500.

Scopus Asset Management Lp, which manages about $3.64B and $9.71B US Long portfolio, upped its stake in Ulta Beauty Inc (Call) (NASDAQ:ULTA) by 90,000 shares to 250,000 shares, valued at $56.52M in 2017Q3, according to the filing. It also increased its holding in Republic Svcs Inc (NYSE:RSG) by 32,500 shares in the quarter, for a total of 462,500 shares, and has risen its stake in Lowes Cos Inc (Call) (NYSE:LOW).

Among 3 analysts covering Jason Industries (NASDAQ:JASN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jason Industries had 4 analyst reports since November 2, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of JASN in report on Wednesday, March 2 with “Buy” rating. The company was maintained on Friday, August 5 by Stifel Nicolaus. The stock of Jason Industries, Inc. (NASDAQ:JASN) has “Buy” rating given on Thursday, January 4 by Roth Capital.

Spindletop Capital Llc, which manages about $98.50M and $129.89M US Long portfolio, decreased its stake in Us Bancorp Del (NYSE:USB) by 10,000 shares to 110,000 shares, valued at $5.90 million in 2017Q3, according to the filing.

Since September 1, 2017, it had 0 insider purchases, and 2 selling transactions for $641,037 activity. Cox Philip C sold $297,007 worth of SVB Financial Group (NASDAQ:SIVB) on Friday, February 2.

Among 17 analysts covering SVB Financial Group (NASDAQ:SIVB), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. SVB Financial Group had 58 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, January 10 by Maxim Group. Stephens maintained it with “Buy” rating and $20500 target in Friday, July 28 report. As per Friday, January 26, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Buy” rating given on Friday, June 9 by Jefferies. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Buy” rating by Sandler O’Neill on Friday, January 26. The rating was maintained by Maxim Group with “Buy” on Monday, October 30. The firm has “Buy” rating given on Wednesday, June 7 by Stephens. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Hold” rating by Barclays Capital on Tuesday, January 2. The rating was maintained by Wood with “Outperform” on Friday, May 27. Keefe Bruyette & Woods maintained it with “Buy” rating and $290.0 target in Thursday, December 21 report.

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