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Herald Investment Management LTD Lowered Its Position in Inphi (IPHI) as Share Price Rose; As Ingersoll (IR) Stock Value Declined, Minneapolis Portfolio Management Group Cut Its Position by $617,695

Ingersoll-Rand Plc (NYSE:IR) Logo

Herald Investment Management Ltd decreased its stake in Inphi Corp (IPHI) by 19.75% based on its latest 2018Q1 regulatory filing with the SEC. Herald Investment Management Ltd sold 32,000 shares as the company’s stock rose 19.28% while stock markets declined. The institutional investor held 130,000 shares of the semiconductors company at the end of 2018Q1, valued at $3.91M, down from 162,000 at the end of the previous reported quarter. Herald Investment Management Ltd who had been investing in Inphi Corp for a number of months, seems to be less bullish one the $1.59 billion market cap company. The stock increased 3.24% or $1.14 during the last trading session, reaching $36.32. About 530,141 shares traded. Inphi Corporation (NYSE:IPHI) has declined 14.29% since June 12, 2017 and is downtrending. It has underperformed by 26.86% the S&P500. Some Historical IPHI News: 24/04/2018 – INPHI SEES 2Q ADJ EPS 12C TO 14C, EST. 10C; 24/04/2018 – Inphi 1Q Rev $60.1M; 24/04/2018 – INPHI 1Q ADJ LOSS/SHR CONT OPS 5.0C, EST. LOSS/SHR 4.9C; 15/05/2018 – Inphi Presenting at JPMorgan Conference Tomorrow; 08/03/2018 – Inphi Opens OFC 2018 with Comprehensive Portfolio of Solutions for Data Center Interconnects and Inside Data Centers; 22/03/2018 – Inphi 16nm Polaris PAM4 Platform Named Winner in 2018 Lightwave Innovation Reviews Program; 20/03/2018 – Inphi and Innovium Announce Multiple Industry-leading 100G-400G Data Center Solutions; 15/05/2018 – Maverick Capital Buys New 5.1% Position in Inphi; 22/05/2018 – Inphi Presenting at Conference Tomorrow; 24/04/2018 – Inphi 1Q Adj Loss/Shr 5c

Minneapolis Portfolio Management Group Llc decreased its stake in Ingersoll (IR) by 4.08% based on its latest 2018Q1 regulatory filing with the SEC. Minneapolis Portfolio Management Group Llc sold 7,267 shares as the company’s stock declined 0.93% with the market. The institutional investor held 171,022 shares of the o.e.m. company at the end of 2018Q1, valued at $14.62M, down from 178,289 at the end of the previous reported quarter. Minneapolis Portfolio Management Group Llc who had been investing in Ingersoll for a number of months, seems to be less bullish one the $22.77 billion market cap company. The stock decreased 1.29% or $1.2 during the last trading session, reaching $91.83. About 1.13 million shares traded. Ingersoll-Rand Plc (NYSE:IR) has risen 0.56% since June 12, 2017 and is uptrending. It has underperformed by 12.01% the S&P500. Some Historical IR News: 13/05/2018 – BSE Mumbai Bourse: Results from Ingersoll-Rand India for Apr 01 to Mar 31; 17/05/2018 – Mitsubishi Electric Trane HVAC Now Serving Ductless Customers; 06/03/2018 Ingersoll Rand, ConsumerMedical to co-present at Conference Board’s 18th Annual Employee Health Care Conference; 25/04/2018 – Ingersoll-Rand 1Q Rev $3.38B; 31/05/2018 – Eurotunnel: World’s Longest Undersea Tunnel Stays Cool and Reduces Environmental Impact; 25/04/2018 – Ingersoll-Rand 1Q EPS 48c; 29/05/2018 – Thermo King “Moves Food” to Increase Food Security; 30/04/2018 – Ingersoll Rand Employees Worldwide Put Sustainability in Action with Earth Day Network’s Canopy Project; 02/05/2018 – Ingersoll-Rand at Electrical Products Group Conference May 22; 23/05/2018 – Ingersoll-Rand Presenting at UBS Conference Jun 14

Minneapolis Portfolio Management Group Llc, which manages about $907.73M and $737.74 million US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 1,636 shares to 150,113 shares, valued at $36.04 million in 2018Q1, according to the filing. It also increased its holding in Borgwarner Inc (NYSE:BWA) by 9,805 shares in the quarter, for a total of 762,751 shares, and has risen its stake in Canadian Pac Ry Ltd (NYSE:CP).

More recent Ingersoll-Rand Plc (NYSE:IR) news were published by: Globenewswire.com which released: “New Research: Key Drivers of Growth for Ingersoll-Rand PLC, McEwen Mining, Sociedad Quimica y Minera SA …” on June 08, 2018. Also Seekingalpha.com published the news titled: “Results from Ingersoll Rand’s annual meeting” on June 11, 2018. Forbes.com‘s news article titled: “Europe’s ‘Largest Cooling System’ Boosts Anglo-French Channel Tunnel’s Sustainability Drive” with publication date: June 05, 2018 was also an interesting one.

Among 23 analysts covering Ingersoll-Rand Plc (NYSE:IR), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Ingersoll-Rand Plc had 77 analyst reports since July 30, 2015 according to SRatingsIntel. On Friday, December 8 the stock rating was upgraded by Goldman Sachs to “Buy”. The rating was downgraded by Morgan Stanley on Friday, October 27 to “Equal-Weight”. As per Wednesday, October 18, the company rating was maintained by Stifel Nicolaus. As per Thursday, October 26, the company rating was maintained by RBC Capital Markets. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Hold” rating by RBC Capital Markets on Thursday, September 28. The firm has “Hold” rating by Robert W. Baird given on Wednesday, November 15. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, February 1 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 23 report. The firm earned “Buy” rating on Tuesday, April 3 by Stifel Nicolaus. As per Thursday, July 27, the company rating was maintained by UBS.

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.04, from 1.04 in 2017Q4. It is negative, as 46 investors sold IR shares while 206 reduced holdings. 65 funds opened positions while 187 raised stakes. 191.38 million shares or 1.75% less from 194.79 million shares in 2017Q4 were reported. California Pub Employees Retirement System reported 0.08% stake. Regions Fin invested 0.02% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). Commerce Bankshares has invested 0.03% in Ingersoll-Rand Plc (NYSE:IR). Brown Brothers Harriman & Company has invested 0% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). Cape Cod Five Cents Comml Bank has invested 0.05% in Ingersoll-Rand Plc (NYSE:IR). Comerica Natl Bank holds 0.04% of its portfolio in Ingersoll-Rand Plc (NYSE:IR) for 65,396 shares. Wellington Gp Llp holds 0.03% or 1.60 million shares. Canandaigua Natl Natl Bank holds 23,259 shares or 0.25% of its portfolio. Huntington Bancorp has 4,727 shares for 0.01% of their portfolio. 4,710 were accumulated by Gofen & Glossberg Ltd Liability Corporation Il. Moreover, Renaissance Technologies Limited Liability Company has 0.01% invested in Ingersoll-Rand Plc (NYSE:IR). Amer Gru Inc invested in 0.03% or 109,700 shares. Service, Missouri-based fund reported 163 shares. Andra Ap reported 0.19% in Ingersoll-Rand Plc (NYSE:IR). Arrow Corporation has 86 shares.

Analysts await Ingersoll-Rand Plc (NYSE:IR) to report earnings on July, 25. They expect $1.70 EPS, up 14.09% or $0.21 from last year’s $1.49 per share. IR’s profit will be $421.55 million for 13.50 P/E if the $1.70 EPS becomes a reality. After $0.70 actual EPS reported by Ingersoll-Rand Plc for the previous quarter, Wall Street now forecasts 142.86% EPS growth.

Since January 3, 2018, it had 1 buying transaction, and 9 sales for $3.17 million activity. EDMUNDS JOHN had sold 108,554 shares worth $2.74M. 4,309 shares valued at $150,815 were sold by Torten Ron on Wednesday, May 30. SRINIVASAN SAM bought 5,000 shares worth $124,650.

Investors sentiment decreased to 1 in 2018 Q1. Its down 0.15, from 1.15 in 2017Q4. It turned negative, as 38 investors sold IPHI shares while 40 reduced holdings. 23 funds opened positions while 55 raised stakes. 54.82 million shares or 8.12% more from 50.71 million shares in 2017Q4 were reported. The New York-based Jefferies Grp Ltd Liability has invested 0% in Inphi Corporation (NYSE:IPHI). The Missouri-based Kennedy Capital Mngmt has invested 0.2% in Inphi Corporation (NYSE:IPHI). Herald Investment Ltd invested in 130,000 shares. Tocqueville Asset Management L P, a New York-based fund reported 11,100 shares. Gilder Gagnon Howe & Limited Liability Com holds 0.05% or 123,624 shares in its portfolio. Tiverton Asset Management Ltd Limited Liability Company has invested 0.01% in Inphi Corporation (NYSE:IPHI). Ranger Invest Management LP holds 1.06% or 475,755 shares. Cortina Asset Mngmt Limited Liability Com holds 0.27% or 183,828 shares. Moreover, Eventide Asset Mgmt Lc has 0.78% invested in Inphi Corporation (NYSE:IPHI). Stifel Corporation, Missouri-based fund reported 8,547 shares. The Illinois-based Ubs Asset Mgmt Americas Inc has invested 0% in Inphi Corporation (NYSE:IPHI). Fmr reported 6.47M shares. Wells Fargo & Mn invested 0% of its portfolio in Inphi Corporation (NYSE:IPHI). Manufacturers Life Ins Com The reported 0% stake. State Bank Of Montreal Can, Ontario – Canada-based fund reported 5,568 shares.

Among 19 analysts covering Inphi (NYSE:IPHI), 14 have Buy rating, 2 Sell and 3 Hold. Therefore 74% are positive. Inphi had 84 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, October 28 by Northland Capital. The rating was maintained by Rosenblatt on Thursday, March 23 with “Buy”. The stock of Inphi Corporation (NYSE:IPHI) earned “Buy” rating by Deutsche Bank on Tuesday, August 8. As per Wednesday, May 3, the company rating was maintained by Cowen & Co. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, February 8 report. Roth Capital maintained Inphi Corporation (NYSE:IPHI) on Monday, October 30 with “Buy” rating. B. Riley & Co initiated it with “Buy” rating and $38.50 target in Thursday, March 17 report. The stock of Inphi Corporation (NYSE:IPHI) earned “Buy” rating by TH Capital on Thursday, December 10. FBR Capital maintained the shares of IPHI in report on Wednesday, April 18 with “Buy” rating. The firm has “Market Perform” rating by Northland Capital given on Wednesday, September 7.

Analysts await Inphi Corporation (NYSE:IPHI) to report earnings on August, 6. They expect $-0.23 earnings per share, down 355.56% or $0.32 from last year’s $0.09 per share. After $-0.29 actual earnings per share reported by Inphi Corporation for the previous quarter, Wall Street now forecasts -20.69% EPS growth.

More news for Inphi Corporation (NYSE:IPHI) were recently published by: Globenewswire.com, which released: “Recent Analysis Shows Northwest Natural Gas, Brooks Automation, Insmed, Host Hotels & Resorts, Prospect Capital …” on May 30, 2018. Seekingalpha.com‘s article titled: “Weak Fundamentals And High Valuation Multiples Make Inphi A Short Candidate” and published on May 18, 2018 is yet another important article.

Inphi Corporation (NYSE:IPHI) Institutional Positions Chart

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