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Logmein (LOGM) Stock Value Rose While Ratan Capital Management LP Cut Position by $4.54 Million; Meridian Investment Counsel Has Raised Holding in Molson Coors Brewing Co (TAP) as Stock Value Declined

Meridian Investment Counsel Inc increased its stake in Molson Coors Brewing Co (TAP) by 25.62% based on its latest 2017Q3 regulatory filing with the SEC. Meridian Investment Counsel Inc bought 8,475 shares as the company’s stock declined 7.34% while stock markets rallied. The institutional investor held 41,551 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $3.39M, up from 33,076 at the end of the previous reported quarter. Meridian Investment Counsel Inc who had been investing in Molson Coors Brewing Co for a number of months, seems to be bullish on the $18.33 billion market cap company. The stock decreased 0.33% or $0.27 during the last trading session, reaching $81.47. About 1.71M shares traded or 24.88% up from the average. Molson Coors Brewing Company (NYSE:TAP) has declined 3.45% since February 18, 2017 and is downtrending. It has underperformed by 20.15% the S&P500.

Nehal Chopra decreased its stake in Logmein Inc (LOGM) by 35.15% based on its latest 2017Q3 regulatory filing with the SEC. Ratan Capital Management Lp sold 41,316 shares as the company’s stock rose 17.94% with the market. The hedge fund run by Nehal Chopra held 76,226 shares of the technology company at the end of 2017Q3, valued at $8.39M, down from 117,542 at the end of the previous reported quarter. Ratan Capital Management Lp who had been investing in Logmein Inc for a number of months, seems to be less bullish one the $6.45 billion market cap company. The stock decreased 8.48% or $11.35 during the last trading session, reaching $122.45. About 2.38M shares traded or 333.87% up from the average. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since February 18, 2017 and is uptrending. It has outperformed by 85.16% the S&P500.

Among 13 analysts covering LogMeIn (NASDAQ:LOGM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. LogMeIn had 47 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, October 27, the company rating was maintained by Cowen & Co. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Needham on Wednesday, December 20. Northland Capital maintained LogMeIn, Inc. (NASDAQ:LOGM) on Friday, July 24 with “Outperform” rating. Cowen & Co maintained LogMeIn, Inc. (NASDAQ:LOGM) rating on Friday, July 28. Cowen & Co has “Buy” rating and $13400 target. The firm has “Buy” rating given on Friday, February 16 by RBC Capital Markets. The rating was maintained by Needham with “Buy” on Thursday, September 21. The rating was maintained by Needham with “Buy” on Friday, February 16. RBC Capital Markets reinitiated it with “Outperform” rating and $125 target in Friday, February 3 report. The rating was initiated by Robert W. Baird with “Neutral” on Thursday, December 8. Barclays Capital maintained LogMeIn, Inc. (NASDAQ:LOGM) on Wednesday, July 27 with “Underweight” rating.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.31, from 1.02 in 2017Q2. It is positive, as 33 investors sold LOGM shares while 100 reduced holdings. 50 funds opened positions while 127 raised stakes. 51.03 million shares or 4.65% more from 48.76 million shares in 2017Q2 were reported. Next Financial Group owns 37 shares for 0% of their portfolio. Alexandria Ltd Liability reported 2 shares. Alliancebernstein Lp stated it has 1.21M shares or 0.1% of all its holdings. 1,697 are owned by Sandy Spring Bancshares. Contour Asset Mgmt Limited Liability Co reported 3.63% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Picton Mahoney Asset Mngmt, a Ontario – Canada-based fund reported 105,300 shares. Friess Assoc Llc reported 163,443 shares or 1.58% of all its holdings. Oppenheimer Asset Mgmt Inc owns 2,176 shares. Pnc owns 20,026 shares or 0% of their US portfolio. Neuberger Berman Gru Ltd Llc has 245,215 shares. Numeric Investors Llc has 155,300 shares for 0.13% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in LogMeIn, Inc. (NASDAQ:LOGM). Rk Mngmt Ltd Llc invested in 2.65% or 103,416 shares. Employees Retirement System Of Texas has invested 0.17% in LogMeIn, Inc. (NASDAQ:LOGM). Citadel Advisors Limited has invested 0.1% in LogMeIn, Inc. (NASDAQ:LOGM).

Analysts await LogMeIn, Inc. (NASDAQ:LOGM) to report earnings on February, 27. They expect $0.91 earnings per share, up 175.76% or $0.58 from last year’s $0.33 per share. LOGM’s profit will be $47.90M for 33.64 P/E if the $0.91 EPS becomes a reality. After $0.93 actual earnings per share reported by LogMeIn, Inc. for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

Since September 11, 2017, it had 0 buys, and 2 selling transactions for $2.58 million activity. Benson Steven J. also sold $336,591 worth of LogMeIn, Inc. (NASDAQ:LOGM) on Wednesday, September 13.

Since January 16, 2018, it had 0 insider buys, and 1 sale for $4.73 million activity.

Among 16 analysts covering Molson Coors Brewing Company (NYSE:TAP), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Molson Coors Brewing Company had 50 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Monday, February 5 by BMO Capital Markets. UBS maintained Molson Coors Brewing Company (NYSE:TAP) on Wednesday, February 15 with “Neutral” rating. The firm has “Neutral” rating by Credit Suisse given on Monday, January 23. Cowen & Co maintained Molson Coors Brewing Company (NYSE:TAP) on Thursday, July 13 with “Hold” rating. As per Monday, September 21, the company rating was upgraded by Societe Generale. Susquehanna maintained it with “Positive” rating and $126 target in Wednesday, March 16 report. The company was upgraded on Friday, July 8 by Bryan Garnier & Cie. The firm has “Hold” rating given on Tuesday, August 22 by Cowen & Co. Cowen & Co maintained Molson Coors Brewing Company (NYSE:TAP) on Monday, January 8 with “Hold” rating. The rating was maintained by Citigroup with “Buy” on Monday, September 19.

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.28, from 0.9 in 2017Q2. It increased, as 48 investors sold TAP shares while 137 reduced holdings. 67 funds opened positions while 152 raised stakes. 161.22 million shares or 2.19% less from 164.83 million shares in 2017Q2 were reported. Farmers And Merchants Invests, a Nebraska-based fund reported 65 shares. Hermes Mgmt stated it has 7,738 shares. Cornerstone stated it has 0.04% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Massachusetts Ma holds 0.03% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 962,111 shares. State Street Corp accumulated 7.31 million shares or 0.05% of the stock. Arga Mgmt Limited Partnership, Connecticut-based fund reported 19,700 shares. Eaton Vance accumulated 186,022 shares or 0.04% of the stock. Tdam Usa has 93,506 shares. Retirement Sys Of Alabama has 0.04% invested in Molson Coors Brewing Company (NYSE:TAP) for 89,603 shares. Pacad Limited has 0.08% invested in Molson Coors Brewing Company (NYSE:TAP) for 4,293 shares. Mai Cap stated it has 5,074 shares or 0.03% of all its holdings. Renaissance Techs Ltd Limited Liability Company stated it has 0.04% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). New Jersey-based Highlander Mgmt Limited Liability Corporation has invested 0.08% in Molson Coors Brewing Company (NYSE:TAP). Ci Invs holds 0.81% or 1.08 million shares in its portfolio. Suntrust Banks Inc holds 0% or 5,732 shares.

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