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AXT (AXTI) “Buy” Rating Kept at Craig-Hallum; The TP is $12.0000; Soros Fund Management Has Trimmed By $4.94 Million Its Coty (COTY) Stake

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New York: In an analyst note shared with investors on Thursday, 12 April, Craig-Hallum restate their “Buy” rating on shares of AXT Inc (NASDAQ:AXTI). They currently have a $12.0000 PT on the company. Craig-Hallum’s target would suggest a potential upside of 66.67% from the company’s last price.

Soros Fund Management Llc decreased Coty Inc (COTY) stake by 66.64% reported in 2017Q4 SEC filing. Soros Fund Management Llc sold 259,900 shares as Coty Inc (COTY)’s stock declined 8.23%. The Soros Fund Management Llc holds 130,100 shares with $2.59M value, down from 390,000 last quarter. Coty Inc now has $13.24B valuation. The stock decreased 1.89% or $0.34 during the last trading session, reaching $17.66. About 3.79M shares traded. Coty Inc. (NYSE:COTY) has risen 0.16% since April 15, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

Since February 12, 2018, it had 1 buying transaction, and 0 selling transactions for $84.48 million activity. $84.48M worth of Coty Inc. (NYSE:COTY) shares were bought by JAB Cosmetics B.V..

Soros Fund Management Llc increased Denbury Res Inc (NYSE:DNR) stake by 4.98M shares to 6.98M valued at $15.42 million in 2017Q4. It also upped American Eagle Outfitters Ne (NYSE:AEO) stake by 1.26M shares and now owns 1.28 million shares. Zimmer Biomet Hldgs Inc (ZMH) was raised too.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.22, from 1.17 in 2017Q3. It dived, as 29 investors sold COTY shares while 112 reduced holdings. 42 funds opened positions while 92 raised stakes. 499.23 million shares or 2.30% less from 510.97 million shares in 2017Q3 were reported. Fifth Third Commercial Bank, Ohio-based fund reported 832 shares. Moreover, Kbc Group Nv has 0.01% invested in Coty Inc. (NYSE:COTY) for 34,586 shares. Amundi Pioneer Asset Management Incorporated has invested 0.01% of its portfolio in Coty Inc. (NYSE:COTY). Manufacturers Life Insurance The accumulated 466,770 shares or 0.01% of the stock. Florida-based Raymond James Assoc has invested 0.06% in Coty Inc. (NYSE:COTY). Ruffer Limited Liability Partnership, United Kingdom-based fund reported 100,000 shares. Sg Americas reported 90,515 shares stake. Earnest Ptnrs Ltd Liability stated it has 0% in Coty Inc. (NYSE:COTY). Citigroup stated it has 0% of its portfolio in Coty Inc. (NYSE:COTY). Gabelli Funds Limited Liability Company holds 179,600 shares or 0.02% of its portfolio. Greenwich Investment Management reported 11,710 shares. Korea Investment accumulated 424,500 shares. Old Mutual Customised Solutions (Proprietary), South Africa-based fund reported 3,700 shares. Soros Fund Limited Liability Com holds 0.06% or 130,100 shares in its portfolio. Blackrock reported 29.02M shares or 0.03% of all its holdings.

Among 16 analysts covering Coty (NYSE:COTY), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Coty had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, November 6 with “Buy”. BMO Capital Markets initiated Coty Inc. (NYSE:COTY) rating on Friday, December 16. BMO Capital Markets has “Outperform” rating and $24 target. As per Friday, September 9, the company rating was initiated by Berenberg. The rating was maintained by BMO Capital Markets on Thursday, February 8 with “Buy”. The rating was maintained by B. Riley & Co on Friday, August 14 with “Sell”. Deutsche Bank maintained Coty Inc. (NYSE:COTY) on Wednesday, August 23 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, November 1. Deutsche Bank maintained Coty Inc. (NYSE:COTY) rating on Monday, August 17. Deutsche Bank has “Buy” rating and $33 target. Stifel Nicolaus maintained the shares of COTY in report on Thursday, February 8 with “Buy” rating. Sterne Agee CRT initiated Coty Inc. (NYSE:COTY) on Tuesday, July 21 with “Neutral” rating.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on May, 9. They expect $0.12 earnings per share, down 20.00% or $0.03 from last year’s $0.15 per share. COTY’s profit will be $89.99 million for 36.79 P/E if the $0.12 EPS becomes a reality. After $0.32 actual earnings per share reported by Coty Inc. for the previous quarter, Wall Street now forecasts -62.50% negative EPS growth.

Analysts await AXT, Inc. (NASDAQ:AXTI) to report earnings on April, 25. They expect $0.08 EPS, up 300.00% or $0.06 from last year’s $0.02 per share. AXTI’s profit will be $3.11 million for 22.50 P/E if the $0.08 EPS becomes a reality. After $0.08 actual EPS reported by AXT, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company has market cap of $280.32 million. The firm makes its semiconductor substrates using its proprietary vertical gradient freeze technology. It has a 27.69 P/E ratio. It offers semi-insulating gallium with arsenic substrates, which are used for applications in power amplifiers for wireless devices, and transistors and solar cells for drones.

Among 8 analysts covering AXT Inc (NASDAQ:AXTI), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. AXT Inc has $1200 highest and $6.50 lowest target. $9.76’s average target is 35.56% above currents $7.2 stock price. AXT Inc had 16 analyst reports since December 9, 2015 according to SRatingsIntel. The rating was upgraded by B. Riley & Co on Wednesday, December 9 to “Buy”. B. Riley & Co maintained it with “Neutral” rating and $8.75 target in Thursday, October 26 report. On Friday, March 17 the stock rating was downgraded by B. Riley & Co to “Neutral”. The stock of AXT, Inc. (NASDAQ:AXTI) has “Buy” rating given on Tuesday, May 3 by Craig Hallum. Needham maintained AXT, Inc. (NASDAQ:AXTI) rating on Thursday, October 27. Needham has “Buy” rating and $6.50 target. As per Wednesday, September 6, the company rating was maintained by Northland Capital. The rating was maintained by B. Riley & Co on Thursday, February 22 with “Neutral”. Needham maintained it with “Buy” rating and $8.50 target in Thursday, February 23 report. The firm has “Buy” rating by Northland Capital given on Thursday, October 26. The stock of AXT, Inc. (NASDAQ:AXTI) earned “Buy” rating by Dougherty & Company on Monday, February 13.

Coty Inc. (NYSE:COTY) Institutional Positions Chart

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