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Globeflex Capital LP Continues to Hold Position in Patrick Industries Ord (PATK); As Innospec Com (IOSP) Stock Declined, Pinebridge Investments LP Boosted Position

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Globeflex Capital LP increased its stake in Patrick Industries Ord (PATK) by 47.53% based on its latest 2017Q4 regulatory filing with the SEC. Globeflex Capital LP bought 8,667 shares as the company’s stock declined 10.78% with the market. The institutional investor held 26,903 shares of the basic industries company at the end of 2017Q4, valued at $1.87M, up from 18,236 at the end of the previous reported quarter. Globeflex Capital LP who had been investing in Patrick Industries Ord for a number of months, seems to be bullish on the $1.48B market cap company. The stock increased 2.92% or $1.7 during the last trading session, reaching $59.9. About 234,469 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has risen 34.42% since May 17, 2017 and is uptrending. It has outperformed by 22.87% the S&P500.

Pinebridge Investments Lp increased its stake in Innospec Inc Com (IOSP) by 240.27% based on its latest 2017Q4 regulatory filing with the SEC. Pinebridge Investments Lp bought 7,196 shares as the company’s stock declined 1.23% with the market. The hedge fund held 10,191 shares of the major chemicals company at the end of 2017Q4, valued at $719,000, up from 2,995 at the end of the previous reported quarter. Pinebridge Investments Lp who had been investing in Innospec Inc Com for a number of months, seems to be bullish on the $1.83B market cap company. The stock increased 1.70% or $1.25 during the last trading session, reaching $74.95. About 85,584 shares traded. Innospec Inc. (NASDAQ:IOSP) has risen 10.33% since May 17, 2017 and is uptrending. It has underperformed by 1.22% the S&P500.

Investors sentiment increased to 7.26 in 2017 Q4. Its up 6.23, from 1.03 in 2017Q3. It increased, as 12 investors sold PATK shares while 11 reduced holdings. 37 funds opened positions while 130 raised stakes. 44.28 million shares or 197.84% more from 14.87 million shares in 2017Q3 were reported. 104,111 are held by Kennedy Capital. Teachers Retirement Of The State Of Kentucky invested 0.01% in Patrick Industries, Inc. (NASDAQ:PATK). State Board Of Administration Of Florida Retirement Systems holds 0% or 14,724 shares in its portfolio. Sg Americas Secs Llc owns 6,331 shares. Waratah Advsr accumulated 115,342 shares. Ls Inv Advisors Limited Liability reported 2,911 shares. Manufacturers Life Ins The has invested 0% in Patrick Industries, Inc. (NASDAQ:PATK). Bank Of Montreal Can stated it has 4,248 shares. State Of Tennessee Treasury Department owns 18,888 shares for 0.01% of their portfolio. Glenmede Com Na owns 44 shares. 7,304 are owned by Tudor Investment Corp Et Al. Nbw Capital Ltd Llc holds 1.23% of its portfolio in Patrick Industries, Inc. (NASDAQ:PATK) for 67,391 shares. Amalgamated Commercial Bank has invested 0.01% in Patrick Industries, Inc. (NASDAQ:PATK). Farmers Merchants holds 0% or 139 shares in its portfolio. Teacher Retirement System Of Texas reported 0% of its portfolio in Patrick Industries, Inc. (NASDAQ:PATK).

Globeflex Capital L P, which manages about $3.98B and $358.77 million US Long portfolio, decreased its stake in Lemaitre Vascular Inc (NASDAQ:LMAT) by 70,133 shares to 7,944 shares, valued at $253,000 in 2017Q4, according to the filing. It also reduced its holding in Childrens Pl Retail Stores Inc (NASDAQ:PLCE) by 2,900 shares in the quarter, leaving it with 12,868 shares, and cut its stake in Biotelemetry Inc (NASDAQ:BEAT).

Among 6 analysts covering Patrick Industries (NASDAQ:PATK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Patrick Industries had 12 analyst reports since March 31, 2016 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Tuesday, October 24. Robert W. Baird maintained Patrick Industries, Inc. (NASDAQ:PATK) on Friday, December 22 with “Buy” rating. The firm earned “Buy” rating on Wednesday, August 30 by Robert W. Baird. The rating was maintained by Robert W. Baird with “Buy” on Thursday, February 15. CL King upgraded the stock to “Buy” rating in Wednesday, August 17 report. The firm has “Buy” rating by Sidoti given on Thursday, June 16. The firm has “Buy” rating by Bank of America given on Thursday, March 15. The stock has “Neutral” rating by CL King on Thursday, March 31. Wells Fargo maintained Patrick Industries, Inc. (NASDAQ:PATK) rating on Thursday, December 14. Wells Fargo has “Hold” rating and $66.0 target. Wells Fargo maintained Patrick Industries, Inc. (NASDAQ:PATK) on Tuesday, April 10 with “Hold” rating.

More news for Patrick Industries, Inc. (NASDAQ:PATK) were recently published by: Investorplace.com, which released: “3 Top Value Stocks to Buy Now” on May 03, 2018. Seekingalpha.com‘s article titled: “Patrick Industries’ (PATK) CEO Todd Cleveland on Q1 2018 Results – Earnings Call Transcript” and published on April 26, 2018 is yet another important article.

Since December 13, 2017, it had 3 buys, and 4 selling transactions for $428,193 activity. 1,000 shares were sold by Forbes John A, worth $65,800. On Monday, March 12 Blosser Courtney sold $134,648 worth of Patrick Industries, Inc. (NASDAQ:PATK) or 2,000 shares. Another trade for 2,584 shares valued at $172,370 was made by Kitson Michael A on Wednesday, December 13. Boone Joshua A had sold 814 shares worth $54,644.

Among 4 analysts covering Innospec (NASDAQ:IOSP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Innospec had 9 analyst reports since October 12, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 22 by Monness Crespi & Hardt. Monness Crespi maintained the stock with “Buy” rating in Friday, November 4 report. As per Thursday, November 9, the company rating was maintained by KeyBanc Capital Markets. As per Thursday, November 9, the company rating was downgraded by Monness Crespi & Hardt. The stock has “Neutral” rating by Monness Crespi on Monday, December 19. The stock of Innospec Inc. (NASDAQ:IOSP) has “Overweight” rating given on Tuesday, April 5 by KeyBanc Capital Markets. The firm earned “Neutral” rating on Monday, October 12 by Monness Crespi & Hardt. Johnson Rice upgraded the stock to “Accumulate” rating in Tuesday, November 14 report. Johnson Rice upgraded Innospec Inc. (NASDAQ:IOSP) on Tuesday, April 24 to “Buy” rating.

Patrick Industries, Inc. (NASDAQ:PATK) Institutional Positions Chart

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