Stock News

Meridian Bancorp Md (EBSB) Valuation Declined While Brookside Capital Management Decreased Its Holding by $304,800; Contravisory Investment Management Trimmed Its Ptc (PTC) Holding by $475,500

PTC Inc. (NASDAQ:PTC) Logo

Bain Capital decreased its stake in Meridian Bancorp Inc Md (EBSB) by 7.11% based on its latest 2017Q4 regulatory filing with the SEC. Brookside Capital Management Llc sold 15,240 shares as the company’s stock declined 4.33% with the market. The hedge fund run by Bain Capital held 199,021 shares of the finance company at the end of 2017Q4, valued at $4.10 million, down from 214,261 at the end of the previous reported quarter. Brookside Capital Management Llc who had been investing in Meridian Bancorp Inc Md for a number of months, seems to be less bullish one the $933.86M market cap company. The stock increased 0.26% or $0.05 during the last trading session, reaching $19.15. About 131,026 shares traded. Meridian Bancorp, Inc. (NASDAQ:EBSB) has risen 9.34% since May 17, 2017 and is uptrending. It has underperformed by 2.21% the S&P500.

Contravisory Investment Management Inc decreased its stake in Ptc Inc (PTC) by 9.99% based on its latest 2017Q4 regulatory filing with the SEC. Contravisory Investment Management Inc sold 7,925 shares as the company’s stock rose 31.32% while stock markets declined. The institutional investor held 71,410 shares of the prepackaged software company at the end of 2017Q4, valued at $4.34 million, down from 79,335 at the end of the previous reported quarter. Contravisory Investment Management Inc who had been investing in Ptc Inc for a number of months, seems to be less bullish one the $9.74 billion market cap company. The stock decreased 0.30% or $0.25 during the last trading session, reaching $84.4. About 1.03 million shares traded or 10.29% up from the average. PTC Inc. (NASDAQ:PTC) has risen 49.73% since May 17, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.01, from 1.06 in 2017Q3. It increased, as 34 investors sold PTC shares while 106 reduced holdings. 58 funds opened positions while 92 raised stakes. 86.60 million shares or 0.81% less from 87.30 million shares in 2017Q3 were reported. Jpmorgan Chase Co holds 0% of its portfolio in PTC Inc. (NASDAQ:PTC) for 229,802 shares. 289,609 were accumulated by Atlantic Trust Gp Limited Liability Co. Ems Limited Partnership stated it has 3.27% of its portfolio in PTC Inc. (NASDAQ:PTC). Acadian Asset Management has invested 0% in PTC Inc. (NASDAQ:PTC). Commonwealth Of Pennsylvania School Empls Retrmt owns 0.01% invested in PTC Inc. (NASDAQ:PTC) for 16,886 shares. Commonwealth Savings Bank Of reported 124 shares. Paloma Prtnrs Mgmt reported 10,944 shares. Tiaa Cref Inv Mngmt Limited has 0.02% invested in PTC Inc. (NASDAQ:PTC). Schroder Investment Management Grp Inc reported 1.23 million shares stake. 111,816 were reported by Parametric Lc. Shannon River Fund Ltd Company reported 114,192 shares. Raymond James & Associate reported 0.02% of its portfolio in PTC Inc. (NASDAQ:PTC). Cohen Klingenstein Limited holds 16,041 shares or 0.14% of its portfolio. Gemmer Asset Mgmt Ltd Co has 309 shares for 0.01% of their portfolio. State Of Wisconsin Invest Board has invested 0.02% of its portfolio in PTC Inc. (NASDAQ:PTC).

More notable recent PTC Inc. (NASDAQ:PTC) news were published by: Streetinsider.com which released: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” on May 15, 2018, also Businesswire.com with their article: “PTC to Participate in Three Upcoming Investor Conferences” published on May 08, 2018, Nasdaq.com published: “Analysis: Positioning to Benefit within PTC, Black Hills, Mack-Cali Realty, Milacron, Rexahn Pharmaceuticals, and …” on May 03, 2018. More interesting news about PTC Inc. (NASDAQ:PTC) were released by: Businesswire.com and their article: “LiveWorx 18 to Showcase Tech Industry Luminaries” published on May 08, 2018 as well as Seekingalpha.com‘s news article titled: “PTC’s (PTC) CEO Jim Heppelmann on Q2 2018 Results – Earnings Call Transcript” with publication date: April 19, 2018.

Analysts await PTC Inc. (NASDAQ:PTC) to report earnings on July, 18. They expect $0.20 earnings per share, up 42.86% or $0.06 from last year’s $0.14 per share. PTC’s profit will be $23.08 million for 105.50 P/E if the $0.20 EPS becomes a reality. After $0.20 actual earnings per share reported by PTC Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 17 analysts covering PTC (NASDAQ:PTC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. PTC had 56 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained PTC Inc. (NASDAQ:PTC) on Thursday, January 18 with “Buy” rating. Bank of America upgraded PTC Inc. (NASDAQ:PTC) on Thursday, January 18 to “Neutral” rating. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by Wedbush on Wednesday, March 14. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by Wedbush on Thursday, January 18. On Monday, August 28 the stock rating was maintained by Evercore with “Buy”. The rating was maintained by Seaport Global on Thursday, January 18 with “Buy”. The company was initiated on Wednesday, September 9 by Sterne Agee CRT. The firm earned “Outperform” rating on Thursday, April 19 by Robert W. Baird. Robert W. Baird maintained PTC Inc. (NASDAQ:PTC) on Thursday, January 4 with “Buy” rating. KeyBanc Capital Markets initiated PTC Inc. (NASDAQ:PTC) rating on Thursday, October 8. KeyBanc Capital Markets has “Overweight” rating and $40 target.

Another recent and important Meridian Bancorp, Inc. (NASDAQ:EBSB) news was published by Nasdaq.com which published an article titled: “Meridian Bancorp, Inc. Reports Record Net Income for the First Quarter Ended March 31, 2018” on April 24, 2018.

Among 4 analysts covering Meridian Interstate Bancorp (NASDAQ:EBSB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Meridian Interstate Bancorp had 12 analyst reports since September 30, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. Hovde Group maintained the shares of EBSB in report on Wednesday, January 24 with “Hold” rating. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) has “Hold” rating given on Tuesday, July 25 by Piper Jaffray. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. As per Tuesday, October 31, the company rating was maintained by Piper Jaffray. Compass Point upgraded Meridian Bancorp, Inc. (NASDAQ:EBSB) on Monday, June 26 to “Buy” rating. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was initiated by Hovde Group with “Market Perform” on Wednesday, September 30. Keefe Bruyette & Woods maintained Meridian Bancorp, Inc. (NASDAQ:EBSB) on Thursday, August 31 with “Hold” rating. As per Friday, November 18, the company rating was downgraded by Compass Point.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.53, from 1.66 in 2017Q3. It worsened, as 12 investors sold EBSB shares while 44 reduced holdings. 21 funds opened positions while 42 raised stakes. 35.32 million shares or 0.83% more from 35.02 million shares in 2017Q3 were reported. Us Fincl Bank De owns 2,494 shares or 0% of their US portfolio. 299,638 were reported by Acadian Asset Management Ltd Co. The New York-based D E Shaw & Inc has invested 0.01% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Jacobs Levy Equity, New Jersey-based fund reported 106,354 shares. Ejf Cap Ltd Limited Liability Company holds 400,000 shares or 0.66% of its portfolio. Cambridge Trust Com stated it has 0.02% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). Moreover, Great West Life Assurance Can has 0% invested in Meridian Bancorp, Inc. (NASDAQ:EBSB) for 7,142 shares. Moreover, Gsa Cap Ltd Liability Partnership has 0.03% invested in Meridian Bancorp, Inc. (NASDAQ:EBSB). Pub Employees Retirement Systems Of Ohio accumulated 7,455 shares or 0% of the stock. Tudor Invest Et Al accumulated 0.02% or 33,997 shares. Clarivest Asset Mngmt Limited Co accumulated 176,056 shares. Manufacturers Life The has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Cortina Asset Ltd holds 0.37% in Meridian Bancorp, Inc. (NASDAQ:EBSB) or 409,231 shares. 9,790 are owned by Highbridge Limited Liability Company. Deutsche Bank Ag stated it has 177,838 shares or 0% of all its holdings.

Analysts await Meridian Bancorp, Inc. (NASDAQ:EBSB) to report earnings on July, 24. They expect $0.26 earnings per share, up 18.18% or $0.04 from last year’s $0.22 per share. EBSB’s profit will be $12.68 million for 18.41 P/E if the $0.26 EPS becomes a reality. After $0.23 actual earnings per share reported by Meridian Bancorp, Inc. for the previous quarter, Wall Street now forecasts 13.04% EPS growth.

Brookside Capital Management Llc, which manages about $1.39 billion US Long portfolio, upped its stake in Mulesoft Inc by 513,336 shares to 1.40M shares, valued at $32.66M in 2017Q4, according to the filing. It also increased its holding in Johnson Ctls Intl Plc by 244,365 shares in the quarter, for a total of 264,565 shares, and has risen its stake in Facebook Inc (Put) (NASDAQ:FB).

PTC Inc. (NASDAQ:PTC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *