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First Merchants (FRME) Shareholder Budros Ruhlin & Roe Has Decreased Holding as Market Valuation Declined; Dycom Inds (DY) Holder Stelliam Investment Management LP Has Upped Its Stake

Ross Margolies increased its stake in Dycom Inds Inc (DY) by 18.82% based on its latest 2017Q3 regulatory filing with the SEC. Stelliam Investment Management Lp bought 87,500 shares as the company’s stock rose 33.08% with the market. The hedge fund run by Ross Margolies held 552,500 shares of the basic industries company at the end of 2017Q3, valued at $47.45M, up from 465,000 at the end of the previous reported quarter. Stelliam Investment Management Lp who had been investing in Dycom Inds Inc for a number of months, seems to be bullish on the $3.56B market cap company. The stock decreased 0.15% or $0.17 during the last trading session, reaching $115.11. About 445,114 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 52.80% since February 20, 2017 and is uptrending. It has outperformed by 36.10% the S&P500.

Budros Ruhlin & Roe Inc decreased its stake in First Merchants Corp (FRME) by 20.21% based on its latest 2017Q3 regulatory filing with the SEC. Budros Ruhlin & Roe Inc sold 8,575 shares as the company’s stock declined 3.41% while stock markets rallied. The institutional investor held 33,863 shares of the major banks company at the end of 2017Q3, valued at $1.45 million, down from 42,438 at the end of the previous reported quarter. Budros Ruhlin & Roe Inc who had been investing in First Merchants Corp for a number of months, seems to be less bullish one the $2.10B market cap company. The stock increased 0.31% or $0.13 during the last trading session, reaching $42.61. About 94,329 shares traded. First Merchants Corporation (NASDAQ:FRME) has risen 59.72% since February 20, 2017 and is uptrending. It has outperformed by 43.02% the S&P500.

Since December 15, 2017, it had 3 buys, and 0 selling transactions for $137,710 activity. Lehman Gary had bought 38 shares worth $1,654. Sherman Patrick A bought $479 worth of stock or 11 shares.

Budros Ruhlin & Roe Inc, which manages about $1.96B and $327.87 million US Long portfolio, upped its stake in Swedish Expt Cr Corp (RJI) by 143,359 shares to 3.22M shares, valued at $16.41M in 2017Q3, according to the filing. It also increased its holding in Spdr S&P 500 Index Etf (SPY) by 5,580 shares in the quarter, for a total of 8,127 shares, and has risen its stake in Schwab Strategic Tr (SCHX).

Investors sentiment decreased to 1.35 in 2017 Q3. Its down 0.05, from 1.4 in 2017Q2. It turned negative, as 14 investors sold FRME shares while 51 reduced holdings. 34 funds opened positions while 54 raised stakes. 33.67 million shares or 3.16% more from 32.64 million shares in 2017Q2 were reported. Wedge Capital Management L LP Nc has invested 0.13% in First Merchants Corporation (NASDAQ:FRME). Kennedy Capital Mgmt holds 170,642 shares or 0.13% of its portfolio. Morgan Stanley has invested 0% of its portfolio in First Merchants Corporation (NASDAQ:FRME). Balyasny Asset Management Ltd Com holds 15,252 shares or 0% of its portfolio. Piedmont Inv Advsrs Limited Liability accumulated 0.04% or 43,190 shares. National Bank & Trust Of Montreal Can stated it has 602 shares or 0% of all its holdings. State Street has invested 0% in First Merchants Corporation (NASDAQ:FRME). Raymond James holds 0% or 9,843 shares in its portfolio. Cardinal Mngmt Lc Ct owns 0.12% invested in First Merchants Corporation (NASDAQ:FRME) for 66,700 shares. Invesco stated it has 0% in First Merchants Corporation (NASDAQ:FRME). Budros Ruhlin Roe owns 0.44% invested in First Merchants Corporation (NASDAQ:FRME) for 33,863 shares. Ameriprise Financial has 0% invested in First Merchants Corporation (NASDAQ:FRME). D E Shaw And Com holds 0.01% of its portfolio in First Merchants Corporation (NASDAQ:FRME) for 91,917 shares. Parkside Savings Bank And Tru stated it has 0.01% in First Merchants Corporation (NASDAQ:FRME). Monarch Cap Mgmt Incorporated invested in 0.17% or 10,331 shares.

Among 6 analysts covering First Merchants (NASDAQ:FRME), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. First Merchants had 15 analyst reports since August 18, 2015 according to SRatingsIntel. Piper Jaffray initiated the shares of FRME in report on Friday, October 6 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, January 25. As per Wednesday, December 16, the company rating was initiated by SunTrust. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12. On Thursday, June 1 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was initiated by Stephens on Friday, October 2 with “Equal-Weight”. The firm earned “Overweight” rating on Friday, January 29 by Stephens. The stock of First Merchants Corporation (NASDAQ:FRME) has “Hold” rating given on Sunday, January 28 by Piper Jaffray. The rating was initiated by DA Davidson with “Buy” on Thursday, July 21.

Stelliam Investment Management Lp, which manages about $3.51B and $3.28B US Long portfolio, decreased its stake in Dollar Tree Inc (NASDAQ:DLTR) by 505,000 shares to 830,000 shares, valued at $72.06M in 2017Q3, according to the filing. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 175,000 shares in the quarter, leaving it with 1.45M shares, and cut its stake in Aetna Inc New (NYSE:AET).

Among 10 analysts covering Dycom (NYSE:DY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Dycom had 34 analyst reports since August 27, 2015 according to SRatingsIntel. FBR Capital maintained the shares of DY in report on Thursday, May 25 with “Outperform” rating. The rating was maintained by Canaccord Genuity on Tuesday, February 13 with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Friday, May 20. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, May 11. FBR Capital maintained Dycom Industries, Inc. (NYSE:DY) on Monday, June 19 with “Buy” rating. The stock of Dycom Industries, Inc. (NYSE:DY) has “Buy” rating given on Wednesday, August 30 by Canaccord Genuity. On Friday, May 26 the stock rating was upgraded by ValuEngine to “Buy”. The firm earned “Buy” rating on Tuesday, February 13 by B. Riley & Co. As per Friday, February 9, the company rating was maintained by KeyBanc Capital Markets. On Thursday, March 2 the stock rating was downgraded by DA Davidson to “Neutral”.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.23, from 1.23 in 2017Q2. It dived, as 42 investors sold DY shares while 98 reduced holdings. 46 funds opened positions while 94 raised stakes. 31.11 million shares or 5.01% less from 32.75 million shares in 2017Q2 were reported. Cortina Asset Limited Com holds 399,129 shares. Scout Investments Incorporated reported 289,848 shares stake. Fiera Capital Corp invested in 0.04% or 100,704 shares. Thompson Davis And holds 1,375 shares. Waddell Reed Financial Inc has invested 0.1% in Dycom Industries, Inc. (NYSE:DY). Bancorpsouth reported 0.04% stake. Strs Ohio, a Ohio-based fund reported 15,730 shares. Wg Shaheen & Associate Dba Whitney & reported 1.86% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Credit Suisse Ag accumulated 60,446 shares. Jpmorgan Chase And holds 24,442 shares or 0% of its portfolio. Keybank National Association Oh holds 11,205 shares or 0.01% of its portfolio. Credit Agricole S A has invested 0.01% in Dycom Industries, Inc. (NYSE:DY). Ngam Advisors Limited Partnership owns 31,023 shares for 0.03% of their portfolio. Quantbot Techs Lp invested 0.03% of its portfolio in Dycom Industries, Inc. (NYSE:DY). First Washington Corp reported 34,305 shares or 1.47% of all its holdings.

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