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Engaged Capital Trimmed Its Benchmark Electrs (BHE) Holding by $5.18 Million as Market Value Declined; Synopsys (SNPS) Shareholder Kornitzer Capital Management Has Upped Its Position by $389,200

Kornitzer Capital Management Inc increased its stake in Synopsys Inc (SNPS) by 2.67% based on its latest 2017Q3 regulatory filing with the SEC. Kornitzer Capital Management Inc bought 4,865 shares as the company’s stock rose 0.68% with the market. The institutional investor held 187,330 shares of the technology company at the end of 2017Q3, valued at $15.09M, up from 182,465 at the end of the previous reported quarter. Kornitzer Capital Management Inc who had been investing in Synopsys Inc for a number of months, seems to be bullish on the $12.63 billion market cap company. The stock decreased 0.47% or $0.4 during the last trading session, reaching $84.93. About 126,666 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since February 13, 2017 and is uptrending. It has outperformed by 28.95% the S&P500.

Glenn W. Welling decreased its stake in Benchmark Electrs Inc (BHE) by 16.51% based on its latest 2017Q3 regulatory filing with the SEC. Engaged Capital Llc sold 152,223 shares as the company’s stock declined 4.45% while stock markets rallied. The hedge fund run by Glenn W. Welling held 769,782 shares of the technology company at the end of 2017Q3, valued at $26.29 million, down from 922,005 at the end of the previous reported quarter. Engaged Capital Llc who had been investing in Benchmark Electrs Inc for a number of months, seems to be less bullish one the $1.43 billion market cap company. The stock decreased 1.20% or $0.35 during the last trading session, reaching $28.8. About 74,289 shares traded. Benchmark Electronics, Inc. (NYSE:BHE) has risen 60.40% since February 13, 2017 and is uptrending. It has outperformed by 43.70% the S&P500.

Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.02, from 1.22 in 2017Q2. It is negative, as 17 investors sold BHE shares while 57 reduced holdings. 21 funds opened positions while 68 raised stakes. 46.06 million shares or 0.99% less from 46.52 million shares in 2017Q2 were reported. Cs Mckee Limited Partnership has invested 0.11% in Benchmark Electronics, Inc. (NYSE:BHE). 1,017 are held by Northwestern Mutual Wealth Management Co. Cornerstone Cap Mngmt Limited Liability Com reported 16,700 shares. Sawgrass Asset Mgmt Limited Liability Corp owns 14,425 shares for 0.02% of their portfolio. Moreover, Sensato Ltd Liability Company has 1.26% invested in Benchmark Electronics, Inc. (NYSE:BHE). Envestnet Asset Mngmt holds 1,225 shares. Parkside State Bank And holds 32 shares or 0% of its portfolio. Moreover, Hsbc Public Ltd Com has 0% invested in Benchmark Electronics, Inc. (NYSE:BHE). Jpmorgan Chase And owns 0.02% invested in Benchmark Electronics, Inc. (NYSE:BHE) for 2.74 million shares. Aperio Gru Limited Liability holds 0% or 24,161 shares in its portfolio. Ls Inv Advisors Limited Liability Com invested in 1,808 shares. Goldman Sachs Group Inc Incorporated reported 573,125 shares stake. Guggenheim Capital Ltd Com has invested 0.02% in Benchmark Electronics, Inc. (NYSE:BHE). Magnetar Fincl Limited Liability Com accumulated 5,951 shares or 0% of the stock. Nationwide Fund Advisors stated it has 188,559 shares or 0.03% of all its holdings.

Among 5 analysts covering Benchmark Electronics (NYSE:BHE), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Benchmark Electronics had 18 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, October 23, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. RBC Capital Markets maintained Benchmark Electronics, Inc. (NYSE:BHE) rating on Thursday, October 12. RBC Capital Markets has “Hold” rating and $37.0 target. The firm has “Buy” rating given on Friday, October 21 by Needham. As per Friday, October 21, the company rating was downgraded by Cross Research. The stock has “Hold” rating by Needham on Thursday, October 19. Needham maintained Benchmark Electronics, Inc. (NYSE:BHE) on Tuesday, July 18 with “Buy” rating. Needham maintained Benchmark Electronics, Inc. (NYSE:BHE) rating on Thursday, February 9. Needham has “Buy” rating and $34 target. Needham maintained it with “Buy” rating and $37.0 target in Wednesday, August 30 report. The firm earned “Hold” rating on Thursday, February 8 by RBC Capital Markets.

Analysts await Benchmark Electronics, Inc. (NYSE:BHE) to report earnings on February, 14. They expect $0.36 EPS, down 20.00% or $0.09 from last year’s $0.45 per share. BHE’s profit will be $17.90 million for 20.00 P/E if the $0.36 EPS becomes a reality. After $0.39 actual EPS reported by Benchmark Electronics, Inc. for the previous quarter, Wall Street now forecasts -7.69% negative EPS growth.

Since August 17, 2017, it had 0 insider purchases, and 1 sale for $32,063 activity. 5,922 Benchmark Electronics, Inc. (NYSE:BHE) shares with value of $188,969 were sold by DUNCAN DOUGLAS G.

Since August 18, 2017, it had 0 buys, and 5 insider sales for $3.77 million activity. RUNKEL JOHN F JR had sold 10,000 shares worth $880,000 on Tuesday, December 19. The insider CHAN CHI-FOON sold $290,635. 5,000 Synopsys, Inc. (NASDAQ:SNPS) shares with value of $384,946 were sold by Logan Joseph W. WALSKE STEVEN had sold 4,545 shares worth $409,607.

Among 9 analysts covering Synopsys Inc. (NASDAQ:SNPS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Synopsys Inc. had 28 analyst reports since August 20, 2015 according to SRatingsIntel. On Thursday, November 30 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Credit Suisse maintained the shares of SNPS in report on Tuesday, August 15 with “Outperform” rating. As per Wednesday, November 22, the company rating was maintained by RBC Capital Markets. As per Thursday, August 18, the company rating was maintained by Benchmark. DA Davidson maintained Synopsys, Inc. (NASDAQ:SNPS) on Thursday, August 18 with “Buy” rating. As per Friday, August 28, the company rating was initiated by Bank of America. maintained the shares of SNPS in report on Monday, October 10 with “Buy” rating. The firm has “Buy” rating by Needham given on Thursday, August 18. The rating was maintained by Pacific Crest with “Buy” on Tuesday, August 25. The rating was maintained by RBC Capital Markets on Wednesday, September 20 with “Buy”.

Kornitzer Capital Management Inc, which manages about $11.35B and $5.73B US Long portfolio, decreased its stake in Technipfmc by 55,785 shares to 716,857 shares, valued at $20.02 million in 2017Q3, according to the filing. It also reduced its holding in Tractor Supply Co (NASDAQ:TSCO) by 57,080 shares in the quarter, leaving it with 15,390 shares, and cut its stake in Marriott International Class A (NASDAQ:MAR).

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.19, from 1.2 in 2017Q2. It fall, as 27 investors sold SNPS shares while 155 reduced holdings. 51 funds opened positions while 133 raised stakes. 131.73 million shares or 0.13% more from 131.56 million shares in 2017Q2 were reported. Lpl Ltd Limited Liability Company invested in 0.01% or 17,598 shares. Alliancebernstein Limited Partnership reported 265,761 shares stake. Comerica National Bank & Trust reported 0.03% in Synopsys, Inc. (NASDAQ:SNPS). Genesee Valley Trust Company, New York-based fund reported 5,455 shares. 1832 Asset Management LP reported 98,974 shares. Perigon Wealth Management Ltd Liability Corp accumulated 430 shares. Sg Americas Limited Liability Corporation invested in 0.01% or 17,563 shares. Huntington National Bank & Trust reported 1,100 shares. Regions reported 0.01% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). Metropolitan Life Ins Com Ny accumulated 71,381 shares. Moreover, Natl Pension has 0.08% invested in Synopsys, Inc. (NASDAQ:SNPS). Magnetar Limited Liability invested in 0.01% or 3,165 shares. Bancshares Of Mellon holds 1.03 million shares. Lakeview Ptnrs Ltd Liability Corporation reported 2,664 shares. Lombard Odier Asset (Switzerland) owns 28,030 shares.

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