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Thornburg Investment Management Increased Teekay Lng Partners Lp (TGP) Stake by $13.04 Million; Emcore (EMKR) Sellers Increased By 1.89% Their Shorts

Teekay LNG Partners L.P. (NYSE:TGP) Logo

Thornburg Investment Management Inc increased Teekay Lng Partners Lp (NYSE:TGP) stake by 34.48% reported in 2018Q1 SEC filing. Thornburg Investment Management Inc acquired 766,774 shares as Teekay Lng Partners Lp (NYSE:TGP)’s stock declined 11.22%. The Thornburg Investment Management Inc holds 2.99 million shares with $53.53 million value, up from 2.22 million last quarter. Teekay Lng Partners Lp now has $1.42B valuation. The stock increased 0.28% or $0.05 during the last trading session, reaching $17.8. About 29,157 shares traded. Teekay LNG Partners L.P. (NYSE:TGP) has risen 6.59% since May 7, 2017 and is uptrending. It has underperformed by 4.96% the S&P500.

Emcore Corporation (NASDAQ:EMKR) had an increase of 1.89% in short interest. EMKR’s SI was 1.18M shares in May as released by FINRA. Its up 1.89% from 1.16 million shares previously. With 212,400 avg volume, 6 days are for Emcore Corporation (NASDAQ:EMKR)’s short sellers to cover EMKR’s short positions. The SI to Emcore Corporation’s float is 4.84%. The stock decreased 1.49% or $0.08 during the last trading session, reaching $4.97. About 51,269 shares traded. EMCORE Corporation (NASDAQ:EMKR) has declined 34.29% since May 7, 2017 and is downtrending. It has underperformed by 45.84% the S&P500.

Among 5 analysts covering Emcore (NASDAQ:EMKR), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Emcore had 22 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, March 19, the company rating was upgraded by Northland Capital. The rating was maintained by Northland Capital on Monday, October 16 with “Buy”. The rating was downgraded by B. Riley & Co on Thursday, June 29 to “Neutral”. Northland Capital maintained the stock with “Outperform” rating in Monday, November 9 report. Dougherty & Company maintained EMCORE Corporation (NASDAQ:EMKR) rating on Thursday, December 8. Dougherty & Company has “Buy” rating and $10.50 target. The stock of EMCORE Corporation (NASDAQ:EMKR) has “Hold” rating given on Wednesday, February 7 by Northland Capital. Northland Capital maintained the stock with “Buy” rating in Monday, September 11 report. The stock of EMCORE Corporation (NASDAQ:EMKR) has “Buy” rating given on Wednesday, February 8 by Lake Street. The company was initiated on Thursday, October 20 by Dougherty & Company. The stock of EMCORE Corporation (NASDAQ:EMKR) has “Buy” rating given on Friday, February 5 by B. Riley & Co.

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.28, from 1.1 in 2017Q3. It is positive, as 16 investors sold EMCORE Corporation shares while 18 reduced holdings. 18 funds opened positions while 29 raised stakes. 20.84 million shares or 2.68% more from 20.30 million shares in 2017Q3 were reported. Stone Ridge Asset Management Ltd Liability Corp holds 0.01% of its portfolio in EMCORE Corporation (NASDAQ:EMKR) for 27,068 shares. The New York-based S Squared Technology Limited Liability Corporation has invested 1.79% in EMCORE Corporation (NASDAQ:EMKR). Sei Invs stated it has 5,277 shares or 0% of all its holdings. Balyasny Asset Mgmt Ltd Co holds 69,538 shares. Tower Research Capital Limited Liability (Trc) owns 1,758 shares for 0% of their portfolio. Chicago Equity Prtn Ltd stated it has 21,120 shares or 0% of all its holdings. Blackrock reported 1.28M shares stake. Deutsche Bancshares Ag stated it has 225,522 shares. Moreover, Manufacturers Life Insur The has 0% invested in EMCORE Corporation (NASDAQ:EMKR) for 21,914 shares. State Street invested 0% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Kempner Cap Inc invested in 15,000 shares or 0.06% of the stock. Barclays Public Limited Com stated it has 0% in EMCORE Corporation (NASDAQ:EMKR). Bridgeway Cap Mngmt Inc owns 125,402 shares. Axa stated it has 0% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). First Quadrant Lp Ca holds 0% or 7,746 shares in its portfolio.

EMCORE Corporation, together with its subsidiaries, designs, makes, and sells indium phosphide optical chips, components, subsystems, and systems for the broadband and specialty fiber optics market worldwide. The company has market cap of $135.32 million. It offers DFB laser modules and diodes, laser and avalanche chips, optical receivers, and broadband photodiodes for use in telecommunication, cable television, fiber-to-the-premises, defense and homeland security, satellite communication and broadcast, and professional audio/video applications. It has a 21.72 P/E ratio. The firm sells its products through direct sales force, application engineers, third party sales representatives, and distributors.

More notable recent EMCORE Corporation (NASDAQ:EMKR) news were published by: Streetinsider.com which released: “UPDATE: B.Riley/FBR Upgrades EMCORE (EMKR) to Buy” on May 04, 2018, also Nasdaq.com with their article: “EMCORE Enters into Agreement to Design a Custom, High-Performance Inertial Measurement Unit and Deliver Flight …” published on May 03, 2018, Streetinsider.com published: “UPDATE: Emcore (EMKR) Lowers Prelim. 2Q18 Revenue Outlook Below Estimates” on April 09, 2018. More interesting news about EMCORE Corporation (NASDAQ:EMKR) were released by: Streetinsider.com and their article: “Pre-Open Movers 04/10: (PAY) (WATT) (SPPI) Higher; (VTVT) (NBEV) (EMKR) Lower (more…)” published on April 10, 2018 as well as Investingnews.com‘s news article titled: “EMCORE Corporation Announces Financial Results for Fiscal Second Quarter” with publication date: May 03, 2018.

Since January 5, 2018, it had 0 buys, and 1 insider sale for $348,425 activity. The insider RITTICHIER JEFFREY sold 49,422 shares worth $348,425.

Among 9 analysts covering Teekay LNG Partners L.P. (NYSE:TGP), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Teekay LNG Partners L.P. has $37 highest and $12 lowest target. $19.71’s average target is 10.73% above currents $17.8 stock price. Teekay LNG Partners L.P. had 25 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, August 7 the stock rating was upgraded by UBS to “”. The stock has “Hold” rating by Stifel Nicolaus on Monday, November 21. As per Friday, August 4, the company rating was maintained by Jefferies. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, July 6. The rating was initiated by Jefferies on Tuesday, September 13 with “Hold”. The stock of Teekay LNG Partners L.P. (NYSE:TGP) has “Buy” rating given on Tuesday, June 14 by UBS. The rating was maintained by Citigroup with “Neutral” on Tuesday, February 13. The firm earned “Hold” rating on Thursday, August 6 by Zacks. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, December 17. The rating was maintained by Jefferies with “Hold” on Tuesday, May 30.

Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas , liquefied petroleum gas (LPG), and crude oil worldwide. The company has market cap of $1.42 billion. The firm operates through two divisions, Liquefied Gas and Conventional Tanker. It has a 72.65 P/E ratio. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia.

Thornburg Investment Management Inc is a New Mexico-based institutional investor with more than $94.41 billion AUM in July, 2014. This fund invests only a small percentage of its assets in equities and options. Thornburg Investment Management Inc is the 52th largest institutional investor in our database. Taken from Thornburg Investment Management latest Adv, the fund reported to have 195 full and part-time employees. Among which 37 performing investment advisory and research functions. The institutional investor had more than 11000 clients.

EMCORE Corporation (NASDAQ:EMKR) Institutional Positions Chart

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