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Amp Capital Investors LTD Lifted Position in Semgroup (SEMG); As Faro Technologies (FARO) Market Valuation Rose, Nj State Employees Deferred Compensation Plan Has Cut Its Holding

FARO Technologies, Inc. (NASDAQ:FARO) Logo

Nj State Employees Deferred Compensation Plan decreased its stake in Faro Technologies Inc (FARO) by 55% based on its latest 2017Q4 regulatory filing with the SEC. Nj State Employees Deferred Compensation Plan sold 11,000 shares as the company’s stock rose 22.91% while stock markets declined. The institutional investor held 9,000 shares of the capital goods company at the end of 2017Q4, valued at $423,000, down from 20,000 at the end of the previous reported quarter. Nj State Employees Deferred Compensation Plan who had been investing in Faro Technologies Inc for a number of months, seems to be less bullish one the $900.35M market cap company. The stock decreased 1.30% or $0.7 during the last trading session, reaching $53.1. About 83,414 shares traded. FARO Technologies, Inc. (NASDAQ:FARO) has risen 70.69% since May 15, 2017 and is uptrending. It has outperformed by 59.14% the S&P500.

Amp Capital Investors Ltd increased its stake in Semgroup Corp (SEMG) by 84.76% based on its latest 2017Q4 regulatory filing with the SEC. Amp Capital Investors Ltd bought 18,801 shares as the company’s stock declined 28.25% with the market. The institutional investor held 40,982 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $1.24M, up from 22,181 at the end of the previous reported quarter. Amp Capital Investors Ltd who had been investing in Semgroup Corp for a number of months, seems to be bullish on the $2.06B market cap company. The stock increased 3.57% or $0.9 during the last trading session, reaching $26.1. About 901,953 shares traded. SemGroup Corporation (NYSE:SEMG) has declined 36.90% since May 15, 2017 and is downtrending. It has underperformed by 48.45% the S&P500.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.20, from 0.98 in 2017Q3. It improved, as 5 investors sold FARO shares while 45 reduced holdings. 28 funds opened positions while 31 raised stakes. 15.14 million shares or 6.26% less from 16.15 million shares in 2017Q3 were reported. 199,868 were reported by Franklin. Riverhead Mgmt Limited Liability Company holds 1,950 shares. Tci Wealth Advsr Inc holds 0% or 23 shares in its portfolio. Dimensional Fund Lp, Texas-based fund reported 1.13 million shares. State Of Tennessee Treasury Department accumulated 13,186 shares or 0% of the stock. Metropolitan Life Insur Company New York owns 0% invested in FARO Technologies, Inc. (NASDAQ:FARO) for 5,246 shares. Teacher Retirement Of Texas invested 0% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO). Cubist Systematic Strategies Limited Liability Corporation accumulated 5,877 shares or 0.01% of the stock. Cwm Ltd Liability Com has invested 0.1% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO). Connecticut-based Prospector Limited Liability Co has invested 0.38% in FARO Technologies, Inc. (NASDAQ:FARO). Barrow Hanley Mewhinney And Strauss Limited Com has invested 0.08% of its portfolio in FARO Technologies, Inc. (NASDAQ:FARO). Moreover, Thrivent Financial For Lutherans has 0% invested in FARO Technologies, Inc. (NASDAQ:FARO). 5,767 are owned by Trexquant Invest L P. Vident Advisory Ltd Co, Georgia-based fund reported 485,373 shares. 65,361 are held by Morgan Stanley.

More notable recent FARO Technologies, Inc. (NASDAQ:FARO) news were published by: Seekingalpha.com which released: “FARO Technologies’ (FARO) CEO Simon Raab on Q1 2018 Results – Earnings Call Transcript” on April 29, 2018, also Prnewswire.com with their article: “FARO Reports First Quarter 2018 Financial Results” published on April 25, 2018, Streetinsider.com published: “Faro Technologies (FARO) akes Strategic Minority Investment in Virtual Reality Presentation Company present4D” on May 03, 2018. More interesting news about FARO Technologies, Inc. (NASDAQ:FARO) were released by: Streetinsider.com and their article: “After-Hours Movers 4/25: (ORLY) (AMD) (FB) Higher; (FARO) (NTGR) (T) Lower (more…)” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “FARO Q1 miss sinks shares, down 17%” with publication date: April 26, 2018.

Since March 8, 2018, it had 0 buys, and 3 sales for $1.47 million activity. $701,232 worth of stock was sold by RAAB SIMON on Thursday, March 15. Brubaker Lynn also sold $130,800 worth of FARO Technologies, Inc. (NASDAQ:FARO) on Friday, March 9.

Nj State Employees Deferred Compensation Plan, which manages about $577.94 million US Long portfolio, upped its stake in Ultra Clean Hldgs Inc (NASDAQ:UCTT) by 18,000 shares to 42,000 shares, valued at $970,000 in 2017Q4, according to the filing. It also increased its holding in Helix Energy Solutions Grp I (NYSE:HLX) by 60,000 shares in the quarter, for a total of 90,000 shares, and has risen its stake in Louisiana Pac Corp (NYSE:LPX).

Analysts await FARO Technologies, Inc. (NASDAQ:FARO) to report earnings on August, 7. They expect $0.06 EPS, up 127.27% or $0.28 from last year’s $-0.22 per share. FARO’s profit will be $1.02M for 221.25 P/E if the $0.06 EPS becomes a reality. After $0.03 actual EPS reported by FARO Technologies, Inc. for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Among 11 analysts covering Faro Technologies (NASDAQ:FARO), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Faro Technologies had 31 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, August 3, the company rating was maintained by Canaccord Genuity. Gabelli downgraded the shares of FARO in report on Thursday, August 3 to “Hold” rating. Craig Hallum maintained FARO Technologies, Inc. (NASDAQ:FARO) rating on Monday, November 27. Craig Hallum has “Buy” rating and $60.0 target. The firm has “Overweight” rating by Stephens given on Thursday, January 21. As per Monday, October 30, the company rating was maintained by Craig Hallum. The stock of FARO Technologies, Inc. (NASDAQ:FARO) earned “Neutral” rating by Sterne Agee CRT on Wednesday, September 9. The firm has “Perform” rating given on Wednesday, November 4 by Oppenheimer. The rating was maintained by Stifel Nicolaus on Tuesday, August 1 with “Hold”. Stifel Nicolaus maintained the shares of FARO in report on Monday, October 30 with “Hold” rating. Canaccord Genuity maintained FARO Technologies, Inc. (NASDAQ:FARO) rating on Thursday, February 22. Canaccord Genuity has “Buy” rating and $66.0 target.

More important recent SemGroup Corporation (NYSE:SEMG) news were published by: Globenewswire.com which released: “SemGroup to Diversify White Cliffs Pipeline Service with NGL Capabilities; Signs Long-Term Contract with DCP …” on May 07, 2018, also Globenewswire.com published article titled: “SemGroup Declares Quarterly Dividend”, Globenewswire.com published: “SemGroup Reports Financial Results for First Quarter 2018” on May 08, 2018. More interesting news about SemGroup Corporation (NYSE:SEMG) was released by: Seekingalpha.com and their article: “SemGroup Corporation 2018 Q1 – Results – Earnings Call Slides” with publication date: May 10, 2018.

Amp Capital Investors Ltd, which manages about $18.64B US Long portfolio, decreased its stake in Pg&E Corp (NYSE:PCG) by 342,012 shares to 973,561 shares, valued at $43.65M in 2017Q4, according to the filing. It also reduced its holding in Flir Sys Inc (NASDAQ:FLIR) by 19,059 shares in the quarter, leaving it with 122,325 shares, and cut its stake in Adobe Sys Inc (NASDAQ:ADBE).

Since February 27, 2018, it had 1 insider purchase, and 0 selling transactions for $227,250 activity.

Investors sentiment increased to 1.44 in Q4 2017. Its up 0.29, from 1.15 in 2017Q3. It improved, as 14 investors sold SEMG shares while 40 reduced holdings. 17 funds opened positions while 61 raised stakes. 82.02 million shares or 8.10% more from 75.87 million shares in 2017Q3 were reported. Grp invested 0% in SemGroup Corporation (NYSE:SEMG). New York State Common Retirement Fund holds 72,200 shares. 25,815 were accumulated by Royal Financial Bank Of Canada. 8.18 million are owned by Chickasaw Management Llc. Ballentine Prtnrs Ltd, Massachusetts-based fund reported 30,965 shares. Catalyst Cap Advsr Limited Liability Corporation stated it has 247,537 shares or 0.28% of all its holdings. Bnp Paribas Arbitrage Sa holds 42,173 shares. Asset Mngmt One Ltd has 0% invested in SemGroup Corporation (NYSE:SEMG). The California-based Assetmark Inc has invested 0% in SemGroup Corporation (NYSE:SEMG). Commonwealth Of Pennsylvania Public School Empls Retrmt reported 0.54% in SemGroup Corporation (NYSE:SEMG). Groesbeck Inv Nj accumulated 0.37% or 17,281 shares. Deutsche Natl Bank Ag holds 0% or 166,310 shares. The Minnesota-based Us Bancshares De has invested 0% in SemGroup Corporation (NYSE:SEMG). Comerica National Bank & Trust accumulated 0% or 9,965 shares. Highland Cap LP invested 0.66% in SemGroup Corporation (NYSE:SEMG).

Among 11 analysts covering SemGroup (NYSE:SEMG), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. SemGroup had 37 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by UBS on Friday, March 2. On Thursday, December 14 the stock rating was upgraded by Wells Fargo to “Buy”. Barclays Capital upgraded SemGroup Corporation (NYSE:SEMG) on Tuesday, June 13 to “Overweight” rating. The firm has “Buy” rating given on Tuesday, February 27 by SunTrust. The stock of SemGroup Corporation (NYSE:SEMG) earned “Buy” rating by SunTrust on Thursday, November 9. The firm has “Buy” rating given on Tuesday, November 14 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $83.0 target in Monday, August 10 report. The firm earned “Outperform” rating on Tuesday, May 10 by RBC Capital Markets. The firm earned “Neutral” rating on Friday, April 8 by Citigroup. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, February 21.

FARO Technologies, Inc. (NASDAQ:FARO) Institutional Positions Chart

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