Rivernorth Capital Management Llc increased its stake in Voya Prime Rate Tr (PPR) by 41.27% based on its latest 2017Q3 regulatory filing with the SEC. Rivernorth Capital Management Llc bought 1.05 million shares as the company’s stock declined 2.17% while stock markets rallied. The institutional investor held 3.60 million shares of the company at the end of 2017Q3, valued at $18.73M, up from 2.55 million at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Voya Prime Rate Tr for a number of months, seems to be bullish on the $764.06 million market cap company. The stock increased 0.19% or $0.01 during the last trading session, reaching $5.17. About 495,157 shares traded or 14.68% up from the average. Voya Prime Rate Trust (NYSE:PPR) has risen 8.40% since March 18, 2017 and is uptrending. It has underperformed by 8.30% the S&P500.
Mig Capital Llc decreased its stake in Cogent Communications Hldgs (CCOI) by 7.98% based on its latest 2017Q3 regulatory filing with the SEC. Mig Capital Llc sold 113,732 shares as the company’s stock declined 9.38% while stock markets rallied. The hedge fund held 1.31 million shares of the technology company at the end of 2017Q3, valued at $64.12M, down from 1.43 million at the end of the previous reported quarter. Mig Capital Llc who had been investing in Cogent Communications Hldgs for a number of months, seems to be less bullish one the $1.97B market cap company. The stock increased 0.69% or $0.3 during the last trading session, reaching $43.8. About 660,978 shares traded or 117.37% up from the average. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 1.01% since March 18, 2017 and is uptrending. It has underperformed by 15.69% the S&P500.
Rivernorth Capital Management Llc, which manages about $2.15 billion and $1.23 billion US Long portfolio, decreased its stake in Nexpoint Cr Strategies Fd by 37,655 shares to 476,440 shares, valued at $11.01 million in 2017Q3, according to the filing. It also reduced its holding in Brookfield Real Assets Incom by 1.14 million shares in the quarter, leaving it with 1.00 million shares, and cut its stake in Advent Claymore Enh Grw & In (LCM).
Investors sentiment increased to 1.52 in 2017 Q3. Its up 0.61, from 0.91 in 2017Q2. It is positive, as 9 investors sold PPR shares while 14 reduced holdings. 13 funds opened positions while 22 raised stakes. 43.23 million shares or 6.48% more from 40.60 million shares in 2017Q2 were reported. Cambridge Advisors Inc holds 0.03% in Voya Prime Rate Trust (NYSE:PPR) or 407,698 shares. Millennium Management Limited Co owns 0% invested in Voya Prime Rate Trust (NYSE:PPR) for 40,521 shares. Ionic Cap Mngmt Ltd Company accumulated 110,046 shares or 0.02% of the stock. Capital Inv Advisors Ltd Llc has invested 0.03% in Voya Prime Rate Trust (NYSE:PPR). Ledyard Bancorporation reported 7,581 shares. Bancorp Of America De holds 1.49M shares or 0% of its portfolio. Shaker Financial Svcs Limited Liability invested 0.43% in Voya Prime Rate Trust (NYSE:PPR). Baillie Gifford & holds 0.06% in Voya Prime Rate Trust (NYSE:PPR) or 8.48M shares. Raymond James Fin Serv Advisors reported 84,255 shares stake. Jpmorgan Chase & reported 0.01% in Voya Prime Rate Trust (NYSE:PPR). 1832 Asset Management Ltd Partnership stated it has 734,107 shares. Comerica, Michigan-based fund reported 325,968 shares. Stifel Financial Corporation reported 0% of its portfolio in Voya Prime Rate Trust (NYSE:PPR). Fifth Third Bankshares owns 6,700 shares. Hightower Advsr Lc has 0% invested in Voya Prime Rate Trust (NYSE:PPR).
Among 18 analysts covering Cogent Communications Group Inc. (NASDAQ:CCOI), 7 have Buy rating, 3 Sell and 8 Hold. Therefore 39% are positive. Cogent Communications Group Inc. had 50 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 13 by Stifel Nicolaus. Deutsche Bank maintained it with “Buy” rating and $51 target in Tuesday, October 10 report. The rating was downgraded by Wells Fargo to “Market Perform” on Monday, October 9. The firm earned “Buy” rating on Thursday, August 10 by Oppenheimer. The company was maintained on Monday, February 27 by FBR Capital. The stock has “Neutral” rating by JP Morgan on Monday, September 26. The firm has “Sell” rating given on Thursday, November 2 by Citigroup. The rating was initiated by Suntrust Robinson on Tuesday, December 13 with “Buy”. Jefferies maintained the shares of CCOI in report on Thursday, August 3 with “Hold” rating. On Tuesday, September 22 the stock rating was initiated by RBC Capital Markets with “Outperform”.
Analysts await Cogent Communications Holdings, Inc. (NASDAQ:CCOI) to report earnings on May, 3. They expect $0.15 earnings per share, up 66.67% or $0.06 from last year’s $0.09 per share. CCOI’s profit will be $6.73 million for 73.00 P/E if the $0.15 EPS becomes a reality. After $0.11 actual earnings per share reported by Cogent Communications Holdings, Inc. for the previous quarter, Wall Street now forecasts 36.36% EPS growth.
Since October 2, 2017, it had 0 insider purchases, and 8 insider sales for $1.02 million activity. ONEILL TIMOTHY G also sold $97,500 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares. Shares for $271,015 were sold by WEED THADDEUS GERARD on Monday, March 12. 300 Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares with value of $12,902 were sold by BUBECK JAMES. WEINGARTEN TIM sold $99,921 worth of stock or 2,125 shares. $129,519 worth of stock was sold by BEURY ROBERT N JR on Thursday, March 1. On Friday, December 15 the insider Montagner Marc sold $235,000.