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Investment Counselors Of Maryland Boosted Dril (DRQ) Holding by $10.88 Million as Valuation Declined; Spo Advisory Has Trimmed Its Holding in Zayo Group Hldgs (ZAYO) as Valuation Declined

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John H. Scully decreased its stake in Zayo Group Hldgs Inc (ZAYO) by 6.68% based on its latest 2017Q4 regulatory filing with the SEC. Spo Advisory Corp sold 897,100 shares as the company’s stock declined 6.81% with the market. The hedge fund run by John H. Scully held 12.53M shares of the public utilities company at the end of 2017Q4, valued at $461.08 million, down from 13.43 million at the end of the previous reported quarter. Spo Advisory Corp who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be less bullish one the $8.46 billion market cap company. The stock increased 1.46% or $0.49 during the last trading session, reaching $34.05. About 4.29 million shares traded or 68.31% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since May 18, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Investment Counselors Of Maryland Llc increased its stake in Dril (DRQ) by 115.5% based on its latest 2017Q4 regulatory filing with the SEC. Investment Counselors Of Maryland Llc bought 231,452 shares as the company’s stock declined 5.81% with the market. The institutional investor held 431,852 shares of the energy company at the end of 2017Q4, valued at $20.60 million, up from 200,400 at the end of the previous reported quarter. Investment Counselors Of Maryland Llc who had been investing in Dril for a number of months, seems to be bullish on the $1.85B market cap company. The stock increased 4.41% or $2.05 during the last trading session, reaching $48.5. About 688,295 shares traded or 20.72% up from the average. Dril-Quip, Inc. (NYSE:DRQ) has declined 13.66% since May 18, 2017 and is downtrending. It has underperformed by 25.21% the S&P500.

Since April 2, 2018, it had 0 insider purchases, and 4 selling transactions for $307,840 activity. $87,973 worth of Dril-Quip, Inc. (NYSE:DRQ) was sold by Webster James C.. 2,000 shares were sold by DeBerry Blake T., worth $87,973 on Monday, April 2. Gariepy James A. also sold $87,905 worth of Dril-Quip, Inc. (NYSE:DRQ) on Monday, April 2.

More news for Dril-Quip, Inc. (NYSE:DRQ) were recently published by: Globenewswire.com, which released: “New Research Coverage Highlights Cerus, Health Insurance Innovations, Tetra Tech, Ferro, Dril-Quip, and MSC …” on May 15, 2018. Globenewswire.com‘s article titled: “Dril-Quip, Inc. Announces First Quarter 2018 Results” and published on April 26, 2018 is yet another important article.

Investment Counselors Of Maryland Llc, which manages about $2.15 billion and $2.02B US Long portfolio, decreased its stake in Marten Transport Ltd (NASDAQ:MRTN) by 724,658 shares to 77,134 shares, valued at $1.57M in 2017Q4, according to the filing. It also reduced its holding in Novanta Inc by 426,665 shares in the quarter, leaving it with 112,323 shares, and cut its stake in Federal Signal Corp (NYSE:FSS).

Among 15 analysts covering Dril Quip (NYSE:DRQ), 3 have Buy rating, 0 Sell and 12 Hold. Therefore 20% are positive. Dril Quip had 45 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co maintained the stock with “Market Perform” rating in Friday, July 31 report. The rating was maintained by Morgan Stanley on Tuesday, April 19 with “Equal-Weight”. The stock of Dril-Quip, Inc. (NYSE:DRQ) earned “Neutral” rating by Piper Jaffray on Thursday, April 28. The firm earned “Hold” rating on Friday, July 28 by Piper Jaffray. The stock of Dril-Quip, Inc. (NYSE:DRQ) earned “Overweight” rating by Barclays Capital on Monday, January 9. Piper Jaffray maintained the stock with “Hold” rating in Thursday, March 8 report. The stock of Dril-Quip, Inc. (NYSE:DRQ) earned “Hold” rating by Johnson Rice on Monday, February 22. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Neutral” rating given on Wednesday, June 22 by JP Morgan. The rating was maintained by Howard Weil on Thursday, October 27 with “Sector Perform”. The company was maintained on Thursday, October 19 by Piper Jaffray.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.01, from 1.04 in 2017Q3. It improved, as 24 investors sold DRQ shares while 69 reduced holdings. 32 funds opened positions while 66 raised stakes. 43.20 million shares or 4.08% more from 41.51 million shares in 2017Q3 were reported. 30,846 are held by Fdx Advsr Incorporated. Oregon Public Employees Retirement Fund stated it has 13,948 shares or 0.01% of all its holdings. Sei Invs Com invested 0.01% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ). Heartland Advsr has 216,385 shares for 0.66% of their portfolio. Assetmark holds 0% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 374 shares. Glenmede Na has 18,457 shares for 0% of their portfolio. Janney Montgomery Scott Ltd Liability stated it has 23,814 shares or 0.01% of all its holdings. Parallax Volatility Advisers LP holds 0% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 5,754 shares. Stifel Fin Corp holds 0.01% or 70,140 shares in its portfolio. Birch Run Cap Advsrs Ltd Partnership reported 158,600 shares stake. Us National Bank & Trust De stated it has 13,436 shares or 0% of all its holdings. Bluecrest Cap Management Limited holds 5,148 shares. Legal And General Grp Public Limited Co stated it has 0% in Dril-Quip, Inc. (NYSE:DRQ). Captrust Advsrs reported 481 shares. Royal Bank & Trust Of Canada reported 26,032 shares.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It increased, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. Miller Howard has invested 0.04% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Utd Service Automobile Association owns 68,393 shares. Private Advisor Grp Inc Limited Liability Company holds 22,475 shares or 0.03% of its portfolio. Riverhead Capital Management Ltd Company holds 18,590 shares. Ls Inv Advsr Ltd Liability Corp stated it has 3,233 shares. Gabelli Funds Ltd Liability Company accumulated 0.01% or 40,400 shares. Prudential Fincl, a New Jersey-based fund reported 12,200 shares. Savings Bank Of Mellon Corporation has invested 0.01% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Westwood Group Inc Inc invested 0.28% in Zayo Group Holdings, Inc. (NYSE:ZAYO). First Republic holds 38,835 shares. Toronto Dominion Bancorp reported 10,895 shares. 21,366 were accumulated by Clear Harbor Asset Mgmt Limited Liability Corporation. The France-based Carmignac Gestion has invested 0.99% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Wealthtrust stated it has 0.02% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Cadian Mngmt Ltd Partnership holds 6.12% or 2.73 million shares in its portfolio.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Global Business Process Outsourcing Company Selects Zayo” on May 17, 2018, also Seekingalpha.com with their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018, Businesswire.com published: “Zayo To Advance Evaluation of REIT Conversion” on May 03, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Benzinga.com and their article: “Earnings Preview For Zayo Group Holdings” published on May 03, 2018 as well as Businesswire.com‘s news article titled: “Zayo Executives to Present at May Investor Conferences” with publication date: May 14, 2018.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Zayo Group Holdings had 46 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $41.0 target in Thursday, February 8 report. As per Friday, May 4, the company rating was maintained by Cowen & Co. RBC Capital Markets maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Thursday, December 1. RBC Capital Markets has “Outperform” rating and $38 target. SunTrust maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Thursday, December 14. SunTrust has “Buy” rating and $39.0 target. The rating was maintained by RBC Capital Markets on Thursday, November 9 with “Buy”. The stock has “Underperform” rating by FBR Capital on Friday, February 10. The firm earned “Neutral” rating on Wednesday, May 10 by JP Morgan. RBC Capital Markets maintained the stock with “Buy” rating in Monday, August 28 report. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 2.

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on August, 20. They expect $0.09 earnings per share, down 30.77% or $0.04 from last year’s $0.13 per share. ZAYO’s profit will be $22.37M for 94.58 P/E if the $0.09 EPS becomes a reality. After $0.09 actual earnings per share reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since December 29, 2017, it had 0 buys, and 23 insider sales for $221.35 million activity. Steinfort Matt also sold $62,552 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) shares. GTCR FUND X/A LP sold 4.68M shares worth $173.21M. Crouch Andrew had sold 19,537 shares worth $706,067 on Wednesday, January 3. 1,091 shares were sold by Connor Richard W., worth $40,105 on Friday, December 29. Shares for $387,096 were sold by Waters John F Jr. on Wednesday, January 3. Richardson Nina sold 655 shares worth $24,078.

Dril-Quip, Inc. (NYSE:DRQ) Institutional Positions Chart

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