Market News

Southport Management Holding in Corning (GLW) Has Trimmed as Stock Value Rose; Investors Asset Management Of Georgia Has Cut Equifax (EFX) Position by $4.32 Million

Southport Management Llc decreased its stake in Corning Inc (GLW) by 21.02% based on its latest 2017Q3 regulatory filing with the SEC. Southport Management Llc sold 17,500 shares as the company’s stock rose 5.06% with the market. The institutional investor held 65,750 shares of the telecommunications equipment company at the end of 2017Q3, valued at $1.97M, down from 83,250 at the end of the previous reported quarter. Southport Management Llc who had been investing in Corning Inc for a number of months, seems to be less bullish one the $25.09B market cap company. The stock decreased 0.71% or $0.21 during the last trading session, reaching $29.24. About 5.82M shares traded. Corning Incorporated (NYSE:GLW) has risen 53.38% since February 14, 2017 and is uptrending. It has outperformed by 36.68% the S&P500.

Investors Asset Management Of Georgia Inc decreased its stake in Equifax Inc (EFX) by 17.86% based on its latest 2017Q3 regulatory filing with the SEC. Investors Asset Management Of Georgia Inc sold 41,115 shares as the company’s stock rose 4.79% with the market. The institutional investor held 189,079 shares of the finance company at the end of 2017Q3, valued at $20.04M, down from 230,194 at the end of the previous reported quarter. Investors Asset Management Of Georgia Inc who had been investing in Equifax Inc for a number of months, seems to be less bullish one the $13.76B market cap company. The stock increased 0.13% or $0.15 during the last trading session, reaching $114.55. About 700,176 shares traded. Equifax Inc. (NYSE:EFX) has risen 11.28% since February 14, 2017 and is uptrending. It has underperformed by 5.42% the S&P500.

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Corning Incorporated had 45 analyst reports since July 30, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $25 target in Tuesday, September 29 report. Stifel Nicolaus maintained it with “Hold” rating and $28.0 target in Friday, September 8 report. On Monday, June 20 the stock rating was initiated by Citigroup with “Buy”. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, October 28. The rating was maintained by Guggenheim with “Buy” on Monday, July 17. Drexel Hamilton maintained the stock with “Hold” rating in Tuesday, January 26 report. As per Tuesday, January 24, the company rating was upgraded by Bank of America. On Tuesday, September 15 the stock rating was initiated by Deutsche Bank with “Buy”. The stock of Corning Incorporated (NYSE:GLW) has “Neutral” rating given on Thursday, January 25 by Citigroup. The stock has “Hold” rating by Stifel Nicolaus on Friday, July 21.

Investors sentiment decreased to 0.75 in Q3 2017. Its down 0.17, from 0.92 in 2017Q2. It is negative, as 64 investors sold GLW shares while 339 reduced holdings. 66 funds opened positions while 235 raised stakes. 610.60 million shares or 2.66% less from 627.26 million shares in 2017Q2 were reported. Auxier Asset Management holds 1.38% of its portfolio in Corning Incorporated (NYSE:GLW) for 226,451 shares. Teacher Retirement System Of Texas holds 443,921 shares. California State Teachers Retirement invested 0.1% in Corning Incorporated (NYSE:GLW). Susquehanna Interest Group Inc Ltd Liability Partnership invested in 0.01% or 1.04M shares. Conning invested in 0.02% or 23,411 shares. Tocqueville Asset Mgmt LP accumulated 1.23M shares. Morgan Stanley holds 0.08% of its portfolio in Corning Incorporated (NYSE:GLW) for 8.40M shares. First Interstate National Bank owns 1,500 shares for 0.01% of their portfolio. Centurylink Mgmt Company, a Colorado-based fund reported 54,245 shares. Comerica Secs reported 115,146 shares or 0.48% of all its holdings. Arrow Inv Advisors Ltd accumulated 16,231 shares. Cetera Advisor Limited Com has invested 0.02% in Corning Incorporated (NYSE:GLW). London Communications Of Virginia owns 478,318 shares for 0.1% of their portfolio. Stonebridge Cap Mgmt holds 0.13% or 11,231 shares. U S Glob holds 0.15% or 13,300 shares.

Since August 24, 2017, it had 0 insider buys, and 7 sales for $12.68 million activity. $1.33 million worth of Corning Incorporated (NYSE:GLW) was sold by Kinlin Clark S on Thursday, August 24. Shares for $942,619 were sold by Pambianchi Christine M. Shares for $7.81 million were sold by WEEKS WENDELL P on Tuesday, October 31. $66,979 worth of Corning Incorporated (NYSE:GLW) was sold by RIEMAN DEBORAH. TOOKES HANSEL E II had sold 6,513 shares worth $205,778. The insider McRae Lawrence D sold 48,125 shares worth $1.38M.

Investors sentiment decreased to 0.71 in Q3 2017. Its down 0.33, from 1.04 in 2017Q2. It is negative, as 131 investors sold EFX shares while 158 reduced holdings. 87 funds opened positions while 118 raised stakes. 108.40 million shares or 3.06% more from 105.18 million shares in 2017Q2 were reported. M&T Bank Corporation holds 0.01% of its portfolio in Equifax Inc. (NYSE:EFX) for 14,968 shares. Voya Mngmt Limited holds 0.02% or 76,862 shares in its portfolio. Eminence Cap Ltd Partnership, New York-based fund reported 1.01 million shares. Citigroup Incorporated holds 0% or 43,706 shares. Oregon Pub Employees Retirement Fund owns 0.02% invested in Equifax Inc. (NYSE:EFX) for 12,837 shares. Virtus Investment Advisers reported 3,926 shares stake. Invesco Limited has 0.02% invested in Equifax Inc. (NYSE:EFX). Wisconsin-based Johnson Fin Group Inc has invested 0% in Equifax Inc. (NYSE:EFX). First Bankshares reported 0.14% stake. Regions Fin Corp, a Alabama-based fund reported 5,035 shares. Oakbrook Invests Ltd accumulated 11,330 shares. Korea-based Korea Inv Corporation has invested 0.01% in Equifax Inc. (NYSE:EFX). Prelude Management Limited Liability Company invested 0.01% of its portfolio in Equifax Inc. (NYSE:EFX). Burgundy Asset Ltd holds 0.83% of its portfolio in Equifax Inc. (NYSE:EFX) for 829,493 shares. Plante Moran Fin Advisors Limited Liability Corporation owns 232 shares.

Leave a Reply

Your email address will not be published. Required fields are marked *