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Shah Capital Management Increased Genworth Financial (GNW) Holding by $1.10 Million; As Cabot Microelectronics Corpora (CCMP) Share Value Rose, Holder Riverbridge Partners Has Trimmed Its Position by $719,758

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Himanshu H. Shah increased its stake in Genworth Financial Inc (GNW) by 6.01% based on its latest 2017Q4 regulatory filing with the SEC. Shah Capital Management bought 365,011 shares as the company’s stock declined 12.19% with the market. The hedge fund run by Himanshu H. Shah held 6.44 million shares of the life insurance company at the end of 2017Q4, valued at $20.02M, up from 6.07M at the end of the previous reported quarter. Shah Capital Management who had been investing in Genworth Financial Inc for a number of months, seems to be bullish on the $1.39B market cap company. The stock increased 1.83% or $0.05 during the last trading session, reaching $2.78. About 2.15 million shares traded. Genworth Financial, Inc. (NYSE:GNW) has declined 29.75% since April 17, 2017 and is downtrending. It has underperformed by 41.30% the S&P500.

Riverbridge Partners Llc decreased its stake in Cabot Microelectronics Corpora (CCMP) by 3.06% based on its latest 2017Q4 regulatory filing with the SEC. Riverbridge Partners Llc sold 7,657 shares as the company’s stock rose 11.65% while stock markets declined. The hedge fund held 242,737 shares of the semiconductors company at the end of 2017Q4, valued at $22.84M, down from 250,394 at the end of the previous reported quarter. Riverbridge Partners Llc who had been investing in Cabot Microelectronics Corpora for a number of months, seems to be less bullish one the $2.82B market cap company. The stock increased 0.48% or $0.53 during the last trading session, reaching $111.8. About 45,994 shares traded. Cabot Microelectronics Corporation (NASDAQ:CCMP) has risen 44.35% since April 17, 2017 and is uptrending. It has outperformed by 32.80% the S&P500.

Among 5 analysts covering Cabot Microelectronics (NASDAQ:CCMP), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Cabot Microelectronics had 17 analyst reports since August 3, 2015 according to SRatingsIntel. Needham maintained Cabot Microelectronics Corporation (NASDAQ:CCMP) on Monday, September 18 with “Buy” rating. The firm has “Buy” rating by Needham given on Thursday, October 19. Loop Capital maintained the shares of CCMP in report on Friday, January 26 with “Buy” rating. On Friday, August 14 the stock rating was upgraded by Zacks to “Sell”. The firm has “Buy” rating by Needham given on Thursday, November 9. The firm has “Neutral” rating by Citigroup given on Friday, October 27. As per Thursday, January 25, the company rating was maintained by Needham. Citigroup downgraded the stock to “Neutral” rating in Thursday, February 11 report. The firm has “Buy” rating given on Friday, March 17 by Aegis Capital. As per Thursday, October 26, the company rating was maintained by Needham.

Analysts await Cabot Microelectronics Corporation (NASDAQ:CCMP) to report earnings on April, 26 before the open. They expect $1.05 earnings per share, up 38.16% or $0.29 from last year’s $0.76 per share. CCMP’s profit will be $26.48M for 26.62 P/E if the $1.05 EPS becomes a reality. After $1.19 actual earnings per share reported by Cabot Microelectronics Corporation for the previous quarter, Wall Street now forecasts -11.76% negative EPS growth.

Riverbridge Partners Llc, which manages about $5.72 billion and $5.17 billion US Long portfolio, upped its stake in Inst by 71,628 shares to 489,072 shares, valued at $8.84M in 2017Q4, according to the filing. It also increased its holding in Snap (NYSE:SNA) by 102,819 shares in the quarter, for a total of 327,776 shares, and has risen its stake in Cardinal Health Inc. (NYSE:CAH).

Since October 30, 2017, it had 0 insider purchases, and 11 insider sales for $11.07 million activity. ECKSTEIN BERNSTEIN H CAROL sold $1.97 million worth of Cabot Microelectronics Corporation (NASDAQ:CCMP) on Tuesday, January 30. The insider ROMAN THOMAS S sold $703,056. Damashek Yumiko had sold 2,925 shares worth $278,255 on Monday, October 30. 17,000 shares were sold by NOGLOWS WILLIAM P, worth $1.68M on Wednesday, February 14. Another trade for 17,000 shares valued at $1.74 million was made by Li David H on Thursday, February 1.

Investors sentiment increased to 1.12 in Q4 2017. Its up 0.19, from 0.93 in 2017Q3. It is positive, as 13 investors sold CCMP shares while 79 reduced holdings. 34 funds opened positions while 69 raised stakes. 23.39 million shares or 0.41% less from 23.49 million shares in 2017Q3 were reported. Geode Capital Lc has 0.01% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP). Fifth Third Bancorp has invested 0% in Cabot Microelectronics Corporation (NASDAQ:CCMP). Arizona State Retirement invested in 42,619 shares. Aureus Asset Mgmt Ltd Com holds 28,890 shares or 0.42% of its portfolio. Panagora Asset Mgmt accumulated 0.06% or 165,669 shares. Moreover, Metropolitan Life Co New York has 0.01% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP) for 7,791 shares. Telemark Asset Mngmt Ltd Co has 0.37% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP) for 20,000 shares. Commercial Bank Of Montreal Can reported 0% in Cabot Microelectronics Corporation (NASDAQ:CCMP). Stratos Wealth Prtn Limited has 0% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP). Moreover, Millennium Mngmt Ltd Liability Com has 0.04% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP). Glenmede Na stated it has 0% in Cabot Microelectronics Corporation (NASDAQ:CCMP). The California-based Wells Fargo & Mn has invested 0.01% in Cabot Microelectronics Corporation (NASDAQ:CCMP). Manufacturers Life Insurance The holds 0% in Cabot Microelectronics Corporation (NASDAQ:CCMP) or 18,782 shares. D E Shaw And Co Incorporated has 0% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP). Blackrock Incorporated reported 3.32M shares stake.

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. The stock of Genworth Financial, Inc. (NYSE:GNW) earned “Outperform” rating by Raymond James on Thursday, August 6. The stock of Genworth Financial, Inc. (NYSE:GNW) has “Hold” rating given on Wednesday, April 11 by Keefe Bruyette & Woods. The company was downgraded on Wednesday, October 5 by BTIG Research. As per Monday, February 8, the company rating was maintained by Compass Point. Macquarie Research upgraded Genworth Financial, Inc. (NYSE:GNW) on Wednesday, August 5 to “Neutral” rating. Compass Point downgraded the shares of GNW in report on Monday, September 19 to “Neutral” rating. Macquarie Research maintained the shares of GNW in report on Thursday, September 17 with “Neutral” rating. As per Wednesday, November 4, the company rating was downgraded by UBS. The stock of Genworth Financial, Inc. (NYSE:GNW) has “Buy” rating given on Friday, November 11 by Compass Point.

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.33, from 1.28 in 2017Q3. It fall, as 33 investors sold GNW shares while 75 reduced holdings. 30 funds opened positions while 73 raised stakes. 306.90 million shares or 2.61% less from 315.12 million shares in 2017Q3 were reported. Gotham Asset Limited Liability reported 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW). Alps Advsr reported 0% in Genworth Financial, Inc. (NYSE:GNW). Cibc Asset Mgmt owns 17,910 shares for 0% of their portfolio. Jane Street Grp Inc Limited Liability Com accumulated 37,320 shares. Proshare Ltd Limited Liability Company holds 194,650 shares or 0% of its portfolio. American Gru accumulated 1.36M shares. Invesco Ltd stated it has 1.79M shares. Leuthold Limited Liability Corporation stated it has 24,104 shares or 0.01% of all its holdings. Susquehanna Group Limited Liability Partnership holds 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW) for 490,213 shares. 72,906 were reported by Commonwealth Of Pennsylvania Public School Empls Retrmt Sys. Saba Cap Mgmt Ltd Partnership owns 4.22M shares. Citadel Ltd Liability reported 0% in Genworth Financial, Inc. (NYSE:GNW). Raymond James & holds 37,989 shares. Gemmer Asset Limited Liability has invested 0% in Genworth Financial, Inc. (NYSE:GNW). Macquarie Group Inc holds 9,800 shares.

Cabot Microelectronics Corporation (NASDAQ:CCMP) Institutional Positions Chart

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