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Nfc Investments Lifted Pico Holdings (PICO) Holding by $2.77 Million as Shares Rose; As Western Digital (WDC) Stock Rose, M&T Bank Trimmed Stake

Nfc Investments Llc increased its stake in Pico Holdings Inc (PICO) by 38.06% based on its latest 2017Q3 regulatory filing with the SEC. Nfc Investments Llc bought 172,892 shares as the company’s stock rose 18.91% with the market. The hedge fund held 627,096 shares of the real estate company at the end of 2017Q3, valued at $10.47 million, up from 454,204 at the end of the previous reported quarter. Nfc Investments Llc who had been investing in Pico Holdings Inc for a number of months, seems to be bullish on the $283.55M market cap company. The stock decreased 1.21% or $0.15 during the last trading session, reaching $12.25. About 138,304 shares traded or 25.69% up from the average. PICO Holdings, Inc. (NASDAQ:PICO) has risen 86.86% since February 10, 2017 and is uptrending. It has outperformed by 70.16% the S&P500.

M&T Bank Corp decreased its stake in Western Digital Corp (WDC) by 19.08% based on its latest 2017Q3 regulatory filing with the SEC. M&T Bank Corp sold 6,986 shares as the company’s stock rose 15.69% with the market. The institutional investor held 29,630 shares of the electronic components company at the end of 2017Q3, valued at $2.56M, down from 36,616 at the end of the previous reported quarter. M&T Bank Corp who had been investing in Western Digital Corp for a number of months, seems to be less bullish one the $23.84B market cap company. The stock increased 0.62% or $0.5 during the last trading session, reaching $80.59. About 4.63 million shares traded or 6.73% up from the average. Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since February 10, 2017 and is uptrending. It has outperformed by 109.15% the S&P500.

M&T Bank Corp, which manages about $18.43 billion US Long portfolio, upped its stake in Vanguard Bd Index Fd Inc (BLV) by 5,358 shares to 17,258 shares, valued at $1.62M in 2017Q3, according to the filing. It also increased its holding in Iron Mtn Inc New (NYSE:IRM) by 21,771 shares in the quarter, for a total of 74,498 shares, and has risen its stake in Ebay Inc (NASDAQ:EBAY).

Since August 14, 2017, it had 0 insider buys, and 10 insider sales for $16.18 million activity. Shares for $134,239 were sold by LONG MARK P on Wednesday, August 23. Sivaram Srinivasan had sold 3,098 shares worth $263,330 on Wednesday, August 16. On Monday, August 14 the insider CORDANO MICHAEL D sold $302,975. BHATIA MANISH H had sold 20,130 shares worth $1.66M on Friday, August 18. MILLIGAN STEPHEN D sold $8.00M worth of stock or 90,755 shares.

Investors sentiment is 1.12 in Q3 2017. Its the same as in 2017Q2. It is flat, as 65 investors sold WDC shares while 212 reduced holdings. only 69 funds opened positions while 240 raised stakes. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. Advisor Prtn Limited Liability Company stated it has 0.13% in Western Digital Corporation (NASDAQ:WDC). Zwj Counsel Incorporated reported 12,156 shares. Riggs Asset Managment Communications stated it has 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC). 163,170 are owned by Aperio Gru Ltd Co. Eaton Vance stated it has 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). The Ohio-based Cambridge Fincl Grp has invested 3.44% in Western Digital Corporation (NASDAQ:WDC). Robotti Robert reported 56,494 shares stake. Lpl Fincl Limited Liability Co, California-based fund reported 101,568 shares. Citigroup holds 0.04% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 504,702 shares. Federated Investors Pa invested 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Fincl Bank Of Nova Scotia has 433,072 shares. Voya Investment Management Limited Liability Company has invested 0.06% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Equitec Proprietary Mkts Ltd holds 0% or 134 shares in its portfolio. California Pub Employees Retirement Sys holds 0.08% in Western Digital Corporation (NASDAQ:WDC) or 658,321 shares. Fifth Third Bancorporation owns 6,282 shares.

Among 36 analysts covering Western Digital (NASDAQ:WDC), 24 have Buy rating, 1 Sell and 11 Hold. Therefore 67% are positive. Western Digital had 157 analyst reports since July 23, 2015 according to SRatingsIntel. CLSA upgraded Western Digital Corporation (NASDAQ:WDC) rating on Thursday, July 30. CLSA has “Underperform” rating and $93 target. The rating was initiated by Barclays Capital on Wednesday, October 14 with “Equalweight”. The rating was maintained by Jefferies on Friday, May 27 with “Buy”. The rating was maintained by Mizuho on Friday, February 2 with “Buy”. The firm earned “Neutral” rating on Thursday, October 27 by Bank of America. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Thursday, January 26 by Stifel Nicolaus. The firm earned “Buy” rating on Monday, June 26 by Guggenheim. The firm earned “Outperform” rating on Monday, January 18 by RBC Capital Markets. The stock has “Outperform” rating by Wells Fargo on Thursday, August 27. The stock of Western Digital Corporation (NASDAQ:WDC) has “Overweight” rating given on Friday, October 27 by Barclays Capital.

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