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Ngam Advisors LP Stake in Minerals Technology (MTX) Has Cut as Market Value Declined; Rivulet Capital Has Trimmed Its Houghton Mifflin Harcourt Co (HMHC) Stake by $14.23 Million as Market Valuation Declined

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Barry Lebovits decreased its stake in Houghton Mifflin Harcourt Co (HMHC) by 30.26% based on its latest 2017Q4 regulatory filing with the SEC. Rivulet Capital Llc sold 1.58 million shares as the company’s stock declined 24.19% with the market. The hedge fund run by Barry Lebovits held 3.64M shares of the books company at the end of 2017Q4, valued at $33.87 million, down from 5.22 million at the end of the previous reported quarter. Rivulet Capital Llc who had been investing in Houghton Mifflin Harcourt Co for a number of months, seems to be less bullish one the $897.71M market cap company. The stock decreased 3.00% or $0.225 during the last trading session, reaching $7.275. About 170,802 shares traded. Houghton Mifflin Harcourt Company (NASDAQ:HMHC) has declined 25.40% since April 24, 2017 and is downtrending. It has underperformed by 36.95% the S&P500.

Ngam Advisors Lp decreased its stake in Minerals Technology Inc (MTX) by 8.93% based on its latest 2017Q4 regulatory filing with the SEC. Ngam Advisors Lp sold 4,774 shares as the company’s stock declined 3.13% with the market. The institutional investor held 48,680 shares of the major chemicals company at the end of 2017Q4, valued at $3.35M, down from 53,454 at the end of the previous reported quarter. Ngam Advisors Lp who had been investing in Minerals Technology Inc for a number of months, seems to be less bullish one the $2.53B market cap company. The stock decreased 1.92% or $1.4 during the last trading session, reaching $71.45. About 48,203 shares traded. Minerals Technologies Inc. (NYSE:MTX) has declined 11.28% since April 24, 2017 and is downtrending. It has underperformed by 22.83% the S&P500.

Analysts await Minerals Technologies Inc. (NYSE:MTX) to report earnings on May, 3. They expect $1.12 EPS, up 4.67% or $0.05 from last year’s $1.07 per share. MTX’s profit will be $39.63M for 15.95 P/E if the $1.12 EPS becomes a reality. After $1.10 actual EPS reported by Minerals Technologies Inc. for the previous quarter, Wall Street now forecasts 1.82% EPS growth.

Since February 7, 2018, it had 1 insider buy, and 0 selling transactions for $55,488 activity.

Ngam Advisors Lp, which manages about $16.78 billion and $9.82 billion US Long portfolio, upped its stake in Franklin Res Inc Com (NYSE:BEN) by 13,772 shares to 42,842 shares, valued at $1.86M in 2017Q4, according to the filing. It also increased its holding in Vanguard Index Fd (VNQ) by 17,880 shares in the quarter, for a total of 147,150 shares, and has risen its stake in Dxc Technology Co.

Among 3 analysts covering Minerals Technologies (NYSE:MTX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Minerals Technologies had 8 analyst reports since August 31, 2015 according to SRatingsIntel. Wedbush maintained the stock with “Outperform” rating in Monday, August 31 report. The firm has “Hold” rating given on Wednesday, September 6 by KeyBanc Capital Markets. Wedbush downgraded the stock to “Neutral” rating in Thursday, May 12 report. KeyBanc Capital Markets upgraded Minerals Technologies Inc. (NYSE:MTX) on Tuesday, October 13 to “Overweight” rating. KeyBanc Capital Markets downgraded the shares of MTX in report on Monday, September 19 to “Sector Weight” rating. On Tuesday, December 29 the stock rating was maintained by Wedbush with “Outperform”. The firm has “Overweight” rating given on Friday, March 24 by JP Morgan. The rating was downgraded by JP Morgan to “Neutral” on Friday, December 2.

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.20, from 1.24 in 2017Q3. It improved, as 11 investors sold MTX shares while 67 reduced holdings. 32 funds opened positions while 80 raised stakes. 32.61 million shares or 0.66% less from 32.83 million shares in 2017Q3 were reported. Eagle Asset Mngmt reported 106,591 shares. Qs Invsts Limited Company, a New York-based fund reported 5 shares. Geode Management Ltd Limited Liability Company holds 0.01% in Minerals Technologies Inc. (NYSE:MTX) or 321,857 shares. Dimensional Fund Advisors LP holds 0.04% or 1.46M shares in its portfolio. Advantus Cap Management Inc holds 4,286 shares. Gabelli Funds Ltd Llc holds 102,000 shares. Loomis Sayles And Lp owns 0.03% invested in Minerals Technologies Inc. (NYSE:MTX) for 196,215 shares. Assetmark invested in 70 shares. Weaver C Barksdale & Assocs has 0.01% invested in Minerals Technologies Inc. (NYSE:MTX) for 137 shares. United Services Automobile Association has 5,970 shares for 0% of their portfolio. Putnam Invests accumulated 141,699 shares. Fincl Bank Of America De reported 157,896 shares. Axa holds 0% or 6,000 shares in its portfolio. Wellington Mngmt Group Ltd Liability Partnership holds 0.01% or 892,436 shares in its portfolio. Gemmer Asset Mngmt accumulated 65 shares.

Investors sentiment increased to 1.77 in 2017 Q4. Its up 0.42, from 1.35 in 2017Q3. It is positive, as 13 investors sold HMHC shares while 31 reduced holdings. 34 funds opened positions while 44 raised stakes. 120.03 million shares or 2.66% less from 123.31 million shares in 2017Q3 were reported. 29,100 were accumulated by Pacad Inv Ltd. Alliancebernstein LP holds 0.04% of its portfolio in Houghton Mifflin Harcourt Company (NASDAQ:HMHC) for 6.04M shares. Stevens Capital Management LP holds 12,182 shares. Tudor Inv Et Al stated it has 109,716 shares. Nelson Van Denburg And Campbell Wealth Mgmt Limited Liability Corp holds 0.03% or 14,351 shares in its portfolio. Loomis Sayles Com LP reported 0.02% stake. 977,243 were reported by Corsair Mgmt L P. Kennedy Capital Mgmt, a Missouri-based fund reported 590,304 shares. Ellington Mgmt has 0.11% invested in Houghton Mifflin Harcourt Company (NASDAQ:HMHC) for 70,800 shares. Aperio Group Incorporated Limited Company holds 15,801 shares or 0% of its portfolio. Dimensional Fund Advisors LP invested in 0.02% or 4.22 million shares. New York-based Cramer Rosenthal Mcglynn Ltd Limited Liability Company has invested 0.46% in Houghton Mifflin Harcourt Company (NASDAQ:HMHC). Atria Investments Ltd Liability Corporation stated it has 11,842 shares or 0.01% of all its holdings. 15,357 were reported by Proshare Advsr Ltd. Ny State Common Retirement Fund reported 1.15 million shares.

Analysts await Houghton Mifflin Harcourt Company (NASDAQ:HMHC) to report earnings on May, 3 before the open. They expect $-0.79 earnings per share, up 17.71% or $0.17 from last year’s $-0.96 per share. After $-0.70 actual earnings per share reported by Houghton Mifflin Harcourt Company for the previous quarter, Wall Street now forecasts 12.86% negative EPS growth.

Among 7 analysts covering Houghton Mifflin Harcourt (NASDAQ:HMHC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Houghton Mifflin Harcourt had 21 analyst reports since August 7, 2015 according to SRatingsIntel. Piper Jaffray maintained Houghton Mifflin Harcourt Company (NASDAQ:HMHC) on Sunday, August 6 with “Hold” rating. The stock of Houghton Mifflin Harcourt Company (NASDAQ:HMHC) earned “Sell” rating by Goldman Sachs on Tuesday, March 27. The rating was maintained by BMO Capital Markets on Thursday, August 3 with “Hold”. The stock of Houghton Mifflin Harcourt Company (NASDAQ:HMHC) earned “Buy” rating by Citigroup on Wednesday, August 17. BMO Capital Markets maintained the stock with “Hold” rating in Friday, June 23 report. The stock has “Hold” rating by Stifel Nicolaus on Monday, August 14. The rating was maintained by Stifel Nicolaus on Thursday, November 2 with “Hold”. The stock has “Market Perform” rating by BMO Capital Markets on Friday, August 5. The firm earned “Market Perform” rating on Friday, February 23 by BMO Capital Markets. Citigroup upgraded the stock to “Buy” rating in Thursday, September 10 report.

Minerals Technologies Inc. (NYSE:MTX) Institutional Positions Chart

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