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Carlyle Group LP Has Trimmed Stake in Pattern Energy Group (PEGI) by $6.83 Million as Share Value Declined; Cubic Asset Management Cut Its Lear (LEA) Stake by $1.20 Million; Market Value Rose

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Carlyle Group Lp decreased its stake in Pattern Energy Group Inc (PEGI) by 4.24% based on its latest 2017Q4 regulatory filing with the SEC. Carlyle Group Lp sold 325,284 shares as the company’s stock declined 17.35% with the market. The institutional investor held 7.35 million shares of the central company at the end of 2017Q4, valued at $157.99M, down from 7.68 million at the end of the previous reported quarter. Carlyle Group Lp who had been investing in Pattern Energy Group Inc for a number of months, seems to be less bullish one the $1.75B market cap company. It closed at $17.89 lastly. It is down 11.28% since April 24, 2017 and is downtrending. It has underperformed by 22.83% the S&P500.

Cubic Asset Management Llc decreased its stake in Lear Corporation (LEA) by 44.4% based on its latest 2017Q4 regulatory filing with the SEC. Cubic Asset Management Llc sold 6,813 shares as the company’s stock rose 4.15% while stock markets declined. The institutional investor held 8,533 shares of the o.e.m. company at the end of 2017Q4, valued at $1.51 million, down from 15,346 at the end of the previous reported quarter. Cubic Asset Management Llc who had been investing in Lear Corporation for a number of months, seems to be less bullish one the $12.60 billion market cap company. The stock decreased 1.04% or $2 during the last trading session, reaching $190.15. About 143,966 shares traded. Lear Corporation (NYSE:LEA) has risen 33.95% since April 24, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.04, from 0.92 in 2017Q3. It improved, as 26 investors sold LEA shares while 172 reduced holdings. 50 funds opened positions while 141 raised stakes. 58.04 million shares or 3.12% less from 59.92 million shares in 2017Q3 were reported. Numeric Ltd Llc has invested 1% in Lear Corporation (NYSE:LEA). Aureus Asset Management Lc holds 1,149 shares. The Washington-based Parametric Portfolio Assocs Ltd has invested 0.08% in Lear Corporation (NYSE:LEA). Moreover, Leuthold Gru Ltd Liability Company has 0.79% invested in Lear Corporation (NYSE:LEA). France-based Natixis has invested 0.05% in Lear Corporation (NYSE:LEA). Paloma Prtnrs Mgmt Company reported 0.01% in Lear Corporation (NYSE:LEA). Northwestern Mutual Wealth Mgmt holds 0.01% or 4,907 shares. X Management owns 1,467 shares or 0.01% of their US portfolio. 27,200 are owned by Omers Administration. Vanguard Grp Inc invested in 0.05% or 6.37M shares. 5,425 are held by Da Davidson. Pitcairn reported 0.29% in Lear Corporation (NYSE:LEA). Moreover, Morgan Stanley has 0.02% invested in Lear Corporation (NYSE:LEA). Teacher Retirement Sys Of Texas holds 0.21% or 182,752 shares in its portfolio. Oregon Public Employees Retirement Fund has invested 0.11% in Lear Corporation (NYSE:LEA).

Among 21 analysts covering Lear Corporation (NYSE:LEA), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Lear Corporation had 77 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Thursday, October 26 by Barclays Capital. Deutsche Bank upgraded it to “Buy” rating and $242.0 target in Wednesday, February 7 report. The rating was maintained by KeyBanc Capital Markets on Thursday, September 14 with “Buy”. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 23. RBC Capital Markets maintained the shares of LEA in report on Sunday, October 1 with “Hold” rating. The firm earned “Sector Perform” rating on Thursday, October 27 by RBC Capital Markets. As per Tuesday, October 31, the company rating was maintained by Jefferies. Deutsche Bank upgraded the shares of LEA in report on Monday, July 27 to “Buy” rating. Citigroup maintained the stock with “Buy” rating in Thursday, April 19 report. Barclays Capital maintained the shares of LEA in report on Thursday, July 27 with “Equal-Weight” rating.

Cubic Asset Management Llc, which manages about $573.99M and $358.91 million US Long portfolio, upped its stake in Discovery Communications (NASDAQ:DISCA) by 75,800 shares to 210,350 shares, valued at $4.71M in 2017Q4, according to the filing. It also increased its holding in Arconic Corp by 12,230 shares in the quarter, for a total of 223,995 shares, and has risen its stake in Atlas Air Worldwide Holdings.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on April, 26 before the open. They expect $4.89 EPS, up 14.52% or $0.62 from last year’s $4.27 per share. LEA’s profit will be $324.08M for 9.72 P/E if the $4.89 EPS becomes a reality. After $4.38 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts 11.64% EPS growth.

Since February 16, 2018, it had 0 insider purchases, and 10 insider sales for $46.04 million activity. The insider Larkin Terrence B sold $4.33M. Kunkel Jay K. had sold 6,694 shares worth $1.27M. $4.86M worth of stock was sold by SCOTT RAYMOND E on Friday, February 16. Shares for $4.13M were sold by Orsini Frank C on Friday, February 16. The insider DiDonato Thomas A sold $4.07M. Another trade for 5,373 shares valued at $1.02M was sold by BURGESS SHARI L.

Carlyle Group Lp, which manages about $1.46 billion US Long portfolio, upped its stake in Usa Compression Partners Lp (NYSE:USAC) by 158,375 shares to 25.09 million shares, valued at $415.03M in 2017Q4, according to the filing.

Since February 1, 2018, it had 2 buys, and 1 sale for $208,097 activity. The insider Pedersen Esben W. sold $49,231. The insider Hall Douglas G. bought $85,402.

Among 17 analysts covering Pattern Energy (NASDAQ:PEGI), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Pattern Energy had 45 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, February 27 the stock rating was maintained by Desjardins Securities with “Buy”. The company was maintained on Friday, November 10 by BMO Capital Markets. The stock has “Buy” rating by Desjardins Securities on Tuesday, March 20. The firm earned “Market Perform” rating on Friday, March 2 by Raymond James. The rating was upgraded by Avondale to “Outperform” on Friday, July 24. RBC Capital Markets maintained it with “Buy” rating and $25.0 target in Tuesday, August 22 report. The stock of Pattern Energy Group Inc. (NASDAQ:PEGI) earned “Outperform” rating by Credit Suisse on Friday, November 18. Desjardins Securities maintained it with “Buy” rating and $2600 target in Wednesday, August 2 report. The stock of Pattern Energy Group Inc. (NASDAQ:PEGI) has “Hold” rating given on Friday, March 2 by Bank of America. The rating was upgraded by Goldman Sachs to “Buy” on Wednesday, December 6.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.51, from 1.04 in 2017Q3. It is positive, as 24 investors sold PEGI shares while 42 reduced holdings. 34 funds opened positions while 68 raised stakes. 81.57 million shares or 14.64% more from 71.15 million shares in 2017Q3 were reported. Pnc Financial Ser Group holds 0% or 23,012 shares in its portfolio. Iowa-based Principal Gru Inc has invested 0% in Pattern Energy Group Inc. (NASDAQ:PEGI). Amp Capital Investors holds 0.03% or 265,773 shares. Voya Inv Mngmt Llc reported 0% stake. Convergence Ptnrs Ltd Llc has 69,150 shares for 0.2% of their portfolio. Ci Invs holds 0.68% or 3.32M shares in its portfolio. Goldman Sachs holds 0% or 445,821 shares in its portfolio. 1,214 were accumulated by One Trading Ltd Partnership. Tiaa Cref Inv Management Ltd Liability owns 464,326 shares. Wilbanks Smith Thomas Asset Mgmt Llc stated it has 0.02% in Pattern Energy Group Inc. (NASDAQ:PEGI). Jpmorgan Chase, New York-based fund reported 642,228 shares. Beach Inv Mgmt Ltd reported 164,794 shares. Bnp Paribas Arbitrage invested in 0% or 54,387 shares. Deutsche Savings Bank Ag invested in 240,462 shares. Tradewinds Cap Management Limited Com has 0% invested in Pattern Energy Group Inc. (NASDAQ:PEGI) for 20 shares.

Analysts await Pattern Energy Group Inc. (NASDAQ:PEGI) to report earnings on May, 8. They expect $0.13 earnings per share, up 116.67% or $0.07 from last year’s $0.06 per share. PEGI’s profit will be $12.75 million for 34.40 P/E if the $0.13 EPS becomes a reality. After $0.11 actual earnings per share reported by Pattern Energy Group Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

Lear Corporation (NYSE:LEA) Institutional Positions Chart

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