Stock News

Washington Trust Bank Has Decreased Its Altria Group (MO) Stake; Bnp Paribas Arbitrage Sa Has Decreased By $2.84 Billion Its Maxim Integrated Products (Call) (MXIM) Position

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Logo

Bnp Paribas Arbitrage Sa decreased Maxim Integrated Products Inc (Call) (MXIM) stake by 44.67% reported in 2017Q4 SEC filing. Bnp Paribas Arbitrage Sa sold 54,247 shares as Maxim Integrated Products Inc (Call) (MXIM)’s stock rose 11.78%. The Bnp Paribas Arbitrage Sa holds 67,200 shares with $3.51B value, down from 121,447 last quarter. Maxim Integrated Products Inc (Call) now has $16.36B valuation. The stock increased 1.32% or $0.76 during the last trading session, reaching $58.49. About 1.48M shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 31.76% since May 17, 2017 and is uptrending. It has outperformed by 20.21% the S&P500.

Washington Trust Bank decreased Altria Group Inc (MO) stake by 13.92% reported in 2017Q4 SEC filing. Washington Trust Bank sold 15,385 shares as Altria Group Inc (MO)’s stock declined 15.83%. The Washington Trust Bank holds 95,106 shares with $6.79M value, down from 110,491 last quarter. Altria Group Inc now has $103.95B valuation. The stock increased 0.64% or $0.35 during the last trading session, reaching $54.87. About 9.33 million shares traded or 5.86% up from the average. Altria Group, Inc. (NYSE:MO) has declined 17.05% since May 17, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on July, 26. They expect $1.01 earnings per share, up 18.82% or $0.16 from last year’s $0.85 per share. MO’s profit will be $1.91B for 13.58 P/E if the $1.01 EPS becomes a reality. After $0.95 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “The Fall Of 2 Dividend Champions” on May 15, 2018, also Benzinga.com with their article: “Altria’s Problems Baked Into Price, Now A Buy At RBC” published on April 30, 2018, Fool.com published: “Better Buy: Altria Group vs. Coca-Cola” on May 12, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “Which Big Tobacco Name Do You Prefer?” published on April 23, 2018 as well as Seekingalpha.com‘s news article titled: “Shareholder Yield: Altria Vs. Philip Morris” with publication date: April 22, 2018.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It increased, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Ubs Oconnor Limited Liability Co has invested 1.44% of its portfolio in Altria Group, Inc. (NYSE:MO). Putnam Fl Management holds 0.04% of its portfolio in Altria Group, Inc. (NYSE:MO) for 5,617 shares. Orrstown Financial Svcs reported 3,687 shares. Strategy Asset Managers Ltd Liability owns 2.67% invested in Altria Group, Inc. (NYSE:MO) for 190,987 shares. Spirit Of America Mgmt Ny has 0.25% invested in Altria Group, Inc. (NYSE:MO) for 31,890 shares. Whittier Trust Com reported 0.33% in Altria Group, Inc. (NYSE:MO). Sumitomo Mitsui Asset Mgmt Com Ltd invested in 331,832 shares. First Personal Fincl stated it has 0.14% in Altria Group, Inc. (NYSE:MO). Hm Payson & owns 79,361 shares. The Connecticut-based Aqr Cap Mngmt Lc has invested 0.19% in Altria Group, Inc. (NYSE:MO). Suntrust Banks reported 1.21M shares. Chase Invest Counsel Corporation has invested 0.14% of its portfolio in Altria Group, Inc. (NYSE:MO). Excalibur Mgmt accumulated 13,112 shares. Becker Cap Mgmt reported 2,983 shares. Rampart Investment Management Com Limited Liability Corporation accumulated 23,530 shares or 0.65% of the stock.

Since February 7, 2018, it had 1 insider buy, and 4 insider sales for $1.52 million activity. On Friday, March 2 the insider SURGNER W HILDEBRANDT JR sold $199,488. Dillard James E III had sold 6,500 shares worth $410,313. Johnson Craig A. sold $995,734 worth of Altria Group, Inc. (NYSE:MO) on Wednesday, February 7. Another trade for 3,464 shares valued at $216,154 was sold by Quigley Brian W.. Shares for $300,334 were bought by Newman Mark.

Washington Trust Bank increased Cisco Systems Inc (NASDAQ:CSCO) stake by 14,222 shares to 237,809 valued at $9.11M in 2017Q4. It also upped Microsoft Corp (NASDAQ:MSFT) stake by 9,951 shares and now owns 199,990 shares. Boeing Co/The (NYSE:BA) was raised too.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. has $85.0 highest and $58.49 lowest target. $71.15’s average target is 29.67% above currents $54.87 stock price. Altria Group Inc. had 65 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Thursday, March 24. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Hold”. The stock of Altria Group, Inc. (NYSE:MO) has “Sector Perform” rating given on Tuesday, November 3 by RBC Capital Markets. On Friday, November 17 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating by Jefferies given on Thursday, August 24. RBC Capital Markets maintained Altria Group, Inc. (NYSE:MO) rating on Friday, May 26. RBC Capital Markets has “Sell” rating and $6200 target. The company was maintained on Monday, June 5 by Jefferies. The stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Wells Fargo on Monday, July 31. As per Thursday, September 15, the company rating was maintained by CLSA. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, October 23.

Since December 18, 2017, it had 0 insider purchases, and 25 insider sales for $17.93 million activity. $622,703 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by KIDDOO BRUCE E. 31,000 Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares with value of $1.90M were sold by DOLUCA TUNC. Another trade for 3,500 shares valued at $202,855 was made by NEIL CHRISTOPHER J on Monday, April 2. BRONSON JOSEPH R sold 5,000 shares worth $270,407. $557,965 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by Loftus David. 3,607 shares were sold by Preeshl Bryan, worth $221,227 on Friday, February 16. 6,000 Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares with value of $335,303 were sold by Grady Robert Edward.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.27, from 1.08 in 2017Q3. It increased, as 25 investors sold MXIM shares while 131 reduced holdings. 69 funds opened positions while 141 raised stakes. 246.50 million shares or 1.41% less from 250.01 million shares in 2017Q3 were reported. Tiaa Cref Inv Mngmt Lc has 0.04% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Valley Advisers has 0.32% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Alyeska Inv Group Ltd Partnership has invested 0.02% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). California Employees Retirement Systems holds 0.05% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 712,399 shares. Balyasny Asset Mngmt Ltd Liability Corporation owns 0% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 16,427 shares. Argent Cap Mgmt Limited Liability Company has 260,295 shares. State Of Wisconsin Investment Board reported 298,156 shares or 0.04% of all its holdings. Sensato Ltd Limited Liability Company reported 1.89% stake. Fil, a Bermuda-based fund reported 3.49 million shares. Asset Mngmt One invested in 0.07% or 583,556 shares. Marietta Invest Prtnrs Llc holds 0.13% of its portfolio in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 8,800 shares. Beacon Capital Management holds 19 shares or 0% of its portfolio. Susquehanna International Gp Ltd Liability Partnership owns 31,246 shares for 0% of their portfolio. Gotham Asset Mngmt Limited Liability holds 0.05% or 62,077 shares in its portfolio. Apg Asset Mgmt Nv holds 183,585 shares or 0.01% of its portfolio.

Among 30 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive. Maxim Integrated Products Inc. has $73 highest and $31 lowest target. $51.83’s average target is -11.39% below currents $58.49 stock price. Maxim Integrated Products Inc. had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, December 6 by Jefferies. KeyBanc Capital Markets maintained the stock with “Buy” rating in Friday, January 26 report. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Neutral” rating given on Thursday, June 2 by Goldman Sachs. BMO Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. The stock has “Outperform” rating by RBC Capital Markets on Friday, July 1. The firm earned “Buy” rating on Friday, October 20 by Loop Capital. The firm earned “Sector Perform” rating on Thursday, October 22 by RBC Capital Markets. KeyBanc Capital Markets maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) on Tuesday, September 5 with “Buy” rating. On Friday, January 22 the stock rating was maintained by Credit Suisse with “Neutral”. The company was maintained on Friday, October 20 by Stifel Nicolaus.

Analysts await Maxim Integrated Products, Inc. (NASDAQ:MXIM) to report earnings on July, 19. They expect $0.70 EPS, up 11.11% or $0.07 from last year’s $0.63 per share. MXIM’s profit will be $195.77 million for 20.89 P/E if the $0.70 EPS becomes a reality. After $0.73 actual EPS reported by Maxim Integrated Products, Inc. for the previous quarter, Wall Street now forecasts -4.11% negative EPS growth.

Bnp Paribas Arbitrage Sa increased Finisar Corp (Call) (NASDAQ:FNSR) stake by 122,450 shares to 125,000 valued at $2.54B in 2017Q4. It also upped Michael Kors Holdings Ltd (NYSE:KORS) stake by 186,032 shares and now owns 186,789 shares. Mercantile Bank Corp (NASDAQ:MBWM) was raised too.

Another recent and important Maxim Integrated Products, Inc. (NASDAQ:MXIM) news was published by Seekingalpha.com which published an article titled: “Maxim Integrated Products (MXIM) Q3 2018 Results – Earnings Call Transcript” on April 27, 2018.

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Institutional Positions Chart

Leave a Reply

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