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Synopsys (SNPS) Valuation Declined While Renaissance Group Decreased Its Stake; Vipshop Hldgs LTD (VIPS) Shareholder Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Trimmed Its Position

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Renaissance Group Llc decreased its stake in Synopsys Inc (SNPS) by 7.51% based on its latest 2017Q4 regulatory filing with the SEC. Renaissance Group Llc sold 32,932 shares as the company’s stock declined 3.41% with the market. The institutional investor held 405,337 shares of the technology company at the end of 2017Q4, valued at $34.55 million, down from 438,269 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Synopsys Inc for a number of months, seems to be less bullish one the $12.56B market cap company. The stock increased 0.79% or $0.66 during the last trading session, reaching $84.48. About 751,154 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 16.16% since April 17, 2017 and is uptrending. It has outperformed by 4.61% the S&P500.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp decreased its stake in Vipshop Hldgs Ltd (VIPS) by 44.4% based on its latest 2017Q4 regulatory filing with the SEC. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp sold 333,400 shares as the company’s stock rose 37.84% while stock markets declined. The institutional investor held 417,500 shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $4.89 million, down from 750,900 at the end of the previous reported quarter. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp who had been investing in Vipshop Hldgs Ltd for a number of months, seems to be less bullish one the $10.28B market cap company. The stock decreased 2.79% or $0.45 during the last trading session, reaching $15.66. About 8.53 million shares traded. Vipshop Holdings Limited (NYSE:VIPS) has risen 21.34% since April 17, 2017 and is uptrending. It has outperformed by 9.79% the S&P500.

Among 9 analysts covering Synopsys Inc. (NASDAQ:SNPS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Synopsys Inc. had 29 analyst reports since August 20, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $90.0 target in Wednesday, September 20 report. The company was maintained on Thursday, November 30 by KeyBanc Capital Markets. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Outperform” rating given on Wednesday, October 19 by Credit Suisse. The rating was maintained by Benchmark with “Hold” on Thursday, August 18. The company was maintained on Monday, July 31 by RBC Capital Markets. Needham maintained the stock with “Buy” rating in Thursday, August 18 report. The firm has “Buy” rating given on Thursday, December 1 by Needham. The firm has “Buy” rating by DA Davidson given on Thursday, August 18. RBC Capital Markets maintained the shares of SNPS in report on Wednesday, November 22 with “Buy” rating. The rating was initiated by Bank of America on Friday, August 28 with “Average”.

Analysts await Synopsys, Inc. (NASDAQ:SNPS) to report earnings on May, 16. They expect $0.73 earnings per share, up 2.82% or $0.02 from last year’s $0.71 per share. SNPS’s profit will be $108.57M for 28.93 P/E if the $0.73 EPS becomes a reality. After $0.74 actual earnings per share reported by Synopsys, Inc. for the previous quarter, Wall Street now forecasts -1.35% negative EPS growth.

Renaissance Group Llc, which manages about $2.96B US Long portfolio, upped its stake in Advanced Semiconductor Engin E (NYSE:ASX) by 54,506 shares to 2.56 million shares, valued at $16.61M in 2017Q4, according to the filing. It also increased its holding in Lukoil Pjsc by 24,956 shares in the quarter, for a total of 319,136 shares, and has risen its stake in Capcom Co Ltd.

Since December 19, 2017, it had 0 insider buys, and 7 sales for $5.22 million activity. 4,545 Synopsys, Inc. (NASDAQ:SNPS) shares with value of $409,607 were sold by WALSKE STEVEN. CHAN CHI-FOON sold $305,949 worth of stock. Logan Joseph W had sold 10,313 shares worth $873,410 on Friday, February 23. Another trade for 21,073 shares valued at $1.81M was sold by Nikias Chrysostomos L.

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.05, from 1.01 in 2017Q3. It is positive, as 24 investors sold SNPS shares while 169 reduced holdings. 72 funds opened positions while 132 raised stakes. 130.26 million shares or 1.12% less from 131.73 million shares in 2017Q3 were reported. State Treasurer State Of Michigan holds 44,000 shares. Northwestern Mutual Wealth Management, a Wisconsin-based fund reported 495 shares. Bp Public Limited invested in 17,000 shares. Royal Bankshares Of Canada, a Ontario – Canada-based fund reported 778,847 shares. Paloma Ptnrs invested in 22,539 shares or 0.03% of the stock. Schroder Invest Mgmt Grp Inc holds 760,938 shares or 0.11% of its portfolio. Hartford Com owns 32,584 shares for 0.05% of their portfolio. Cookson Peirce & Communications stated it has 0.12% of its portfolio in Synopsys, Inc. (NASDAQ:SNPS). Washington Cap Mgmt reported 5,000 shares. Exxonmobil Mgmt Inc Tx accumulated 23,889 shares. Suntrust Banks has invested 0% in Synopsys, Inc. (NASDAQ:SNPS). Nuveen Asset Mngmt Ltd Co stated it has 242,732 shares. Twin Tree Mgmt LP invested in 16,344 shares. Renaissance Grp Limited Com accumulated 405,337 shares. Tower Research Capital Limited Liability Company (Trc) owns 3,476 shares or 0.04% of their US portfolio.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp, which manages about $11.42 billion US Long portfolio, upped its stake in Greif Inc (NYSE:GEF) by 22,500 shares to 40,300 shares, valued at $2.44 million in 2017Q4, according to the filing. It also increased its holding in Morgan Stanley (NYSE:MS) by 37,300 shares in the quarter, for a total of 247,300 shares, and has risen its stake in Carrizo Oil & Gas Inc (NASDAQ:CRZO).

Among 20 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 15 have Buy rating, 1 Sell and 4 Hold. Therefore 75% are positive. Vipshop Holdings Limited had 42 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, December 17, the company rating was downgraded by Morgan Stanley. The stock of Vipshop Holdings Limited (NYSE:VIPS) has “Buy” rating given on Monday, December 18 by Daiwa Securities. The firm earned “Overweight” rating on Thursday, November 23 by JP Morgan. The firm has “Hold” rating given on Friday, June 30 by Deutsche Bank. The firm earned “Buy” rating on Wednesday, January 10 by Nomura. KeyBanc Capital Markets maintained it with “Buy” rating and $20.0 target in Tuesday, February 13 report. The rating was maintained by Nomura on Wednesday, August 17 with “Buy”. On Wednesday, February 14 the stock rating was upgraded by HSBC to “Buy”. The stock of Vipshop Holdings Limited (NYSE:VIPS) earned “Buy” rating by Bank of America on Tuesday, August 16. The stock has “Neutral” rating by Bank of America on Monday, November 16.

Analysts await Vipshop Holdings Limited (NYSE:VIPS) to report earnings on May, 21. They expect $0.13 earnings per share, down 13.33% or $0.02 from last year’s $0.15 per share. VIPS’s profit will be $85.30 million for 30.12 P/E if the $0.13 EPS becomes a reality. After $0.19 actual earnings per share reported by Vipshop Holdings Limited for the previous quarter, Wall Street now forecasts -31.58% negative EPS growth.

Synopsys, Inc. (NASDAQ:SNPS) Institutional Positions Chart

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