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Neumeier Poma Investment Counsel Decreased Coherent (COHR) Position By $8.24 Million; Alpine Associates Management Lifted Its Nxp Semiconductors N V (NXPI) Stake

Neumeier Poma Investment Counsel Llc decreased Coherent Inc. (COHR) stake by 33.05% reported in 2017Q3 SEC filing. Neumeier Poma Investment Counsel Llc sold 35,055 shares as Coherent Inc. (COHR)’s stock rose 26.93%. The Neumeier Poma Investment Counsel Llc holds 71,015 shares with $16.70 million value, down from 106,070 last quarter. Coherent Inc. now has $5.35 billion valuation. The stock increased 0.74% or $1.59 during the last trading session, reaching $215.33. About 360,559 shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since February 21, 2017 and is uptrending. It has outperformed by 171.12% the S&P500.

Alpine Associates Management Inc increased Nxp Semiconductors N V (NXPI) stake by 135.82% reported in 2017Q3 SEC filing. Alpine Associates Management Inc acquired 1.37 million shares as Nxp Semiconductors N V (NXPI)’s stock rose 5.22%. The Alpine Associates Management Inc holds 2.37M shares with $268.53M value, up from 1.01M last quarter. Nxp Semiconductors N V now has $42.63 billion valuation. The stock increased 0.14% or $0.18 during the last trading session, reaching $125.74. About 7.97M shares traded or 148.15% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 21, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Coherent had 29 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Thursday, November 3. Benchmark maintained it with “Buy” rating and $29000 target in Wednesday, August 2 report. Longbow maintained Coherent, Inc. (NASDAQ:COHR) on Monday, June 12 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 8. The firm has “Buy” rating given on Monday, June 12 by Benchmark. The rating was maintained by Benchmark on Monday, May 23 with “Buy”. Longbow maintained it with “Buy” rating and $32500 target in Wednesday, June 28 report. Barclays Capital maintained the shares of COHR in report on Thursday, February 8 with “Overweight” rating. As per Thursday, August 3, the company rating was upgraded by Susquehanna. The firm earned “Buy” rating on Monday, February 12 by Northcoast.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.08, from 1.11 in 2017Q2. It turned negative, as 40 investors sold COHR shares while 113 reduced holdings. 56 funds opened positions while 101 raised stakes. 23.23 million shares or 4.25% more from 22.28 million shares in 2017Q2 were reported. Moreover, Virginia Retirement Et Al has 0.03% invested in Coherent, Inc. (NASDAQ:COHR) for 9,200 shares. Manufacturers Life The holds 0.01% or 36,173 shares in its portfolio. Fdx Advisors Incorporated reported 4,086 shares. Bancorp Of Ny Mellon invested 0.02% of its portfolio in Coherent, Inc. (NASDAQ:COHR). 13,132 are owned by Virtu Finance Ltd Liability Co. Wells Fargo & Mn, a California-based fund reported 225,262 shares. 43,775 are held by Capital Advsrs Inc Ok. Mu Investments Limited reported 120 shares. Hanson Mcclain Inc reported 459 shares or 0.01% of all its holdings. Pictet Asset Mngmt reported 0.07% in Coherent, Inc. (NASDAQ:COHR). Timessquare Management Ltd Limited Liability Company has 71,400 shares for 0.11% of their portfolio. Franklin Resources has invested 0.01% in Coherent, Inc. (NASDAQ:COHR). Tiaa Cref Invest Mgmt Ltd Limited Liability Company has invested 0.03% in Coherent, Inc. (NASDAQ:COHR). Oppenheimer Asset Mngmt Incorporated reported 17,881 shares. 1.29 million are owned by Eagle Asset Mgmt.

Since September 12, 2017, it had 0 buys, and 3 selling transactions for $6.77 million activity. Another trade for 500 shares valued at $106,135 was made by SKAGGS STEPHEN A on Monday, February 12. 25,000 shares valued at $6.25M were sold by AMBROSEO JOHN on Tuesday, September 12. Sechrist Paul F also sold $411,600 worth of Coherent, Inc. (NASDAQ:COHR) shares.

Neumeier Poma Investment Counsel Llc increased American Woodmark Corp. (NASDAQ:AMWD) stake by 7,570 shares to 281,475 valued at $27.09M in 2017Q3. It also upped Osi Systems Inc. (NASDAQ:OSIS) stake by 21,830 shares and now owns 436,645 shares. Bmc Stock Holdings Inc. was raised too.

Analysts await Coherent, Inc. (NASDAQ:COHR) to report earnings on May, 8. They expect $3.51 EPS, up 29.52% or $0.80 from last year’s $2.71 per share. COHR’s profit will be $87.13 million for 15.34 P/E if the $3.51 EPS becomes a reality. After $3.54 actual EPS reported by Coherent, Inc. for the previous quarter, Wall Street now forecasts -0.85% negative EPS growth.

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