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Micron Technology (MU) Holder Doheny Asset Management Cut Its Stake; Jefferies Group Increases Position in General Mtrs Co (Call) (GM)

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Doheny Asset Management decreased its stake in Micron Technology (MU) by 34.71% based on its latest 2017Q4 regulatory filing with the SEC. Doheny Asset Management sold 14,230 shares as the company’s stock rose 18.77% while stock markets declined. The institutional investor held 26,770 shares of the technology company at the end of 2017Q4, valued at $1.10M, down from 41,000 at the end of the previous reported quarter. Doheny Asset Management who had been investing in Micron Technology for a number of months, seems to be less bullish one the $61.92 billion market cap company. The stock decreased 2.39% or $1.31 during the last trading session, reaching $53.39. About 43.40M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since May 20, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

Jefferies Group Llc increased its stake in General Mtrs Co (Call) (GM) by 90.06% based on its latest 2017Q4 regulatory filing with the SEC. Jefferies Group Llc bought 271,000 shares as the company’s stock declined 17.02% with the market. The institutional investor held 571,900 shares of the auto manufacturing company at the end of 2017Q4, valued at $23.44M, up from 300,900 at the end of the previous reported quarter. Jefferies Group Llc who had been investing in General Mtrs Co (Call) for a number of months, seems to be bullish on the $53.26B market cap company. The stock decreased 1.33% or $0.51 during the last trading session, reaching $37.79. About 5.58M shares traded. General Motors Company (NYSE:GM) has risen 0.46% since May 20, 2017 and is uptrending. It has underperformed by 11.09% the S&P500.

Among 29 analysts covering General Motors Company (NYSE:GM), 17 have Buy rating, 3 Sell and 9 Hold. Therefore 59% are positive. General Motors Company had 94 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of General Motors Company (NYSE:GM) has “Hold” rating given on Monday, August 28 by Jefferies. Tigress Financial maintained General Motors Company (NYSE:GM) on Friday, March 31 with “Strong-Buy” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, July 24. Nomura initiated General Motors Company (NYSE:GM) on Tuesday, September 20 with “Neutral” rating. The stock has “Overweight” rating by JP Morgan on Tuesday, March 13. Guggenheim maintained it with “Buy” rating and $5400 target in Thursday, April 19 report. Deutsche Bank maintained the shares of GM in report on Wednesday, October 25 with “Buy” rating. The company was upgraded on Monday, January 11 by Credit Suisse. Morgan Stanley upgraded General Motors Company (NYSE:GM) on Friday, May 6 to “Equal-Weight” rating. Seaport Global initiated General Motors Company (NYSE:GM) on Tuesday, August 9 with “Buy” rating.

More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: “GM goes dark on monthly auto sales” on May 01, 2018, also Globenewswire.com with their article: “GM Recognizes AK Steel for Performance, Quality, and Innovation” published on April 24, 2018, Fool.com published: “A Look Into Ford and General Motors’ Secret Weapons During the First Quarter” on May 18, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: 247Wallst.com and their article: “What to Look For When GM Reports Earnings Thursday Morning” published on April 25, 2018 as well as Nasdaq.com‘s news article titled: “Will GM Korea Turn a Profit in 2019?” with publication date: May 15, 2018.

Jefferies Group Llc, which manages about $21.33B US Long portfolio, decreased its stake in Rh (Put) by 138,600 shares to 85,000 shares, valued at $7.33 million in 2017Q4, according to the filing. It also reduced its holding in Ensco Plc (Call) (NYSE:ESV) by 1.34M shares in the quarter, leaving it with 274,700 shares, and cut its stake in Pepsico Inc (NYSE:PEP).

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It increased, as 64 investors sold GM shares while 322 reduced holdings. 122 funds opened positions while 225 raised stakes. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. Camelot Portfolios Limited Liability Corporation has 0.23% invested in General Motors Company (NYSE:GM). 1832 Asset Limited Partnership has 53,147 shares. Moreover, Prentiss Smith And Inc has 0% invested in General Motors Company (NYSE:GM) for 200 shares. Salem Inv Counselors has 100 shares for 0% of their portfolio. 4.40M are owned by Royal Bankshares Of Canada. Cibc Ww Mkts holds 0.3% or 1.61 million shares in its portfolio. Riverpoint Capital Management has 0.08% invested in General Motors Company (NYSE:GM). The California-based Schwab Charles Investment Mgmt Inc has invested 0.17% in General Motors Company (NYSE:GM). 47 were reported by Baystate Wealth Lc. Focused Wealth Management Inc holds 10,548 shares. Moreover, Amp Investors Limited has 0.12% invested in General Motors Company (NYSE:GM) for 568,046 shares. United Kingdom-based Rathbone Brothers Public Limited Liability Corp has invested 0.01% in General Motors Company (NYSE:GM). Hancock stated it has 0.06% of its portfolio in General Motors Company (NYSE:GM). Virginia Retirement Sys Et Al holds 0.28% of its portfolio in General Motors Company (NYSE:GM) for 572,500 shares. Riverhead Mngmt Ltd owns 140,574 shares.

Among 43 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 1 Sell and 7 Hold. Therefore 81% are positive. Micron Technology Inc. had 242 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was upgraded by Standpoint Research to “Buy” on Wednesday, December 7. Drexel Hamilton downgraded Micron Technology, Inc. (NASDAQ:MU) rating on Friday, August 7. Drexel Hamilton has “Hold” rating and $19 target. The firm earned “Market Perform” rating on Thursday, March 31 by Bernstein. The firm has “Overweight” rating given on Friday, October 2 by Pacific Crest. As per Monday, July 31, the company rating was maintained by Wells Fargo. Citigroup maintained Micron Technology, Inc. (NASDAQ:MU) on Tuesday, August 29 with “Buy” rating. Credit Suisse maintained Micron Technology, Inc. (NASDAQ:MU) on Thursday, June 29 with “Buy” rating. Stifel Nicolaus maintained Micron Technology, Inc. (NASDAQ:MU) on Friday, March 23 with “Buy” rating. On Monday, March 12 the stock rating was maintained by Mizuho with “Buy”. On Monday, June 26 the stock rating was maintained by Cowen & Co with “Buy”.

Doheny Asset Management, which manages about $245.55M and $214.55 million US Long portfolio, upped its stake in Phillips 66 (NYSE:PSX) by 6,750 shares to 37,132 shares, valued at $3.76M in 2017Q4, according to the filing. It also increased its holding in Wells Fargo Bk N A (NYSE:WFC) by 52,861 shares in the quarter, for a total of 73,887 shares, and has risen its stake in Bank Of America Corp (NYSE:BAC).

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Investorplace.com which released: “Wednesday’s Vital Data: Nvidia Corporation (NVDA), Micron Technology, Inc. (MU) and Tesla Inc. (TSLA)” on May 16, 2018, also Seekingalpha.com with their article: “Micron: The Catalyst Of The Year” published on May 17, 2018, Nasdaq.com published: “Tuesday’s Vital Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)” on April 24, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Nasdaq.com and their article: “Buy Micron Technology, Inc. Before It Hits Its Stride Again” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Spotlight On Gambling Reset And Banking Bill” with publication date: May 19, 2018.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.13, from 1.37 in 2017Q3. It fall, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. Lazard Asset Ltd Liability Com invested in 28,315 shares. Kbc Nv holds 773,222 shares or 0.27% of its portfolio. Dekabank Deutsche Girozentrale holds 0.09% or 385,119 shares in its portfolio. Fifth Third Bank & Trust has 275,724 shares for 0.08% of their portfolio. Institute For Wealth Management Ltd Llc owns 5,626 shares for 0.05% of their portfolio. Moreover, Lord Abbett Company Limited Company has 0% invested in Micron Technology, Inc. (NASDAQ:MU) for 28,500 shares. National Asset Inc reported 0.11% stake. Toth Finance Advisory invested in 840 shares or 0.01% of the stock. Williams Jones And Assoc Ltd Llc has 361,750 shares for 0.34% of their portfolio. Moreover, Signaturefd Limited Company has 0.05% invested in Micron Technology, Inc. (NASDAQ:MU) for 10,581 shares. Moreover, Proshare Advsr Limited Company has 0.24% invested in Micron Technology, Inc. (NASDAQ:MU). Friess Assoc Limited Liability Com owns 467,645 shares or 1.59% of their US portfolio. Tortoise has invested 0% in Micron Technology, Inc. (NASDAQ:MU). Hermes Investment Mgmt Limited has 0.73% invested in Micron Technology, Inc. (NASDAQ:MU). Birinyi stated it has 7,900 shares.

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

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