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As Check Point Software (CHKP) Stock Value Declined, Howard Capital Management Lowered Its Holding; Northern Capital Management Increases Position in Select Income Reit (SIR)

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Logo

Howard Capital Management decreased its stake in Check Point Software (CHKP) by 92.74% based on its latest 2018Q1 regulatory filing with the SEC. Howard Capital Management sold 136,740 shares as the company’s stock declined 8.29% with the market. The institutional investor held 10,700 shares of the prepackaged software company at the end of 2018Q1, valued at $1.06M, down from 147,440 at the end of the previous reported quarter. Howard Capital Management who had been investing in Check Point Software for a number of months, seems to be less bullish one the $15.89B market cap company. The stock decreased 0.15% or $0.15 during the last trading session, reaching $99.92. About 425,666 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has declined 12.87% since June 14, 2017 and is downtrending. It has underperformed by 25.44% the S&P500. Some Historical CHKP News: 25/04/2018 – Check Point Software 1Q Adj EPS $1.30; 12/04/2018 – 97% of Organizations Are Unprepared for Gen V Cyber Attacks, Says Check Point Software 2018 Security Report; 01/05/2018 – Check Point Software Announces Americas CPX Conference Series for Gen V Cyber Security Protection; 23/05/2018 – CISCO SAYS IT SUSPECTS RUSSIAN GOV’T BEHIND HACKING CAMPAIGN AND WARNS IT MAY BE PLANNING ANOTHER ATTACK ON UKRAINE; 10/04/2018 – Check Point Software Closes Above 50-Day Moving Average; 13/04/2018 – March’s Most Wanted Malware: Cryptomining Malware That Works Outside the Web Browser on the Rise, says Check Point; 25/04/2018 – Check Point Software 1Q EPS $1.16; 23/05/2018 – Cyber firms warn on suspected Russian plan to attack Ukraine; 20/04/2018 – Check Point Software Closes Below 50-Day Moving Average; 25/04/2018 – CHECK POINT SOFTWARE 1Q ADJ EPS $1.30, EST. $1.28

Northern Capital Management Llc increased its stake in Select Income Reit (SIR) by 30.35% based on its latest 2018Q1 regulatory filing with the SEC. Northern Capital Management Llc bought 46,115 shares as the company’s stock rose 12.54% while stock markets declined. The institutional investor held 198,045 shares of the real estate investment trusts company at the end of 2018Q1, valued at $3.86 million, up from 151,930 at the end of the previous reported quarter. Northern Capital Management Llc who had been investing in Select Income Reit for a number of months, seems to be bullish on the $1.92 billion market cap company. The stock increased 1.13% or $0.24 during the last trading session, reaching $21.43. About 58,945 shares traded. Select Income REIT (NYSE:SIR) has declined 12.65% since June 14, 2017 and is downtrending. It has underperformed by 25.22% the S&P500. Some Historical SIR News: 09/03/2018 – DNP Select Income Fund Inc. Section 19(a) Notice; 01/05/2018 – Select Income REIT 1Q FFO 63c/Shr; 09/05/2018 – Independent.ie: BREAKING: Sir Alex Ferguson ‘no longer needs intensive care and will continue rehabilitation as an inpatient’; 16/05/2018 – Select Income REIT Announces Annual Meeting Results; 04/04/2018 – Select Income REIT Announces Property Achieves LEED Gold Certification; 18/05/2018 – Bloom Select Income Fund Announces Normal Course Issuer Bid for Units; 07/03/2018 Insight Select Income Fund Declares Quarterly Dividend; 25/04/2018 – Consolidated Research: 2018 Summary Expectations for Select Income REIT, Cal-Maine Foods, Capstead Mortgage, Standard Motor Pro; 01/05/2018 – Select Income REIT 1Q EPS 37c; 13/03/2018 – Bloom Select Income Fund Announces Distributions

Howard Capital Management, which manages about $328.90M and $686.49 million US Long portfolio, upped its stake in Bristol Myers Squibb (NYSE:BMY) by 5,328 shares to 181,338 shares, valued at $11.47M in 2018Q1, according to the filing. It also increased its holding in Alphabet Inc Class A by 433 shares in the quarter, for a total of 17,068 shares, and has risen its stake in Sap Sponsored Adr (NYSE:SAP).

Among 33 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 4 have Buy rating, 1 Sell and 28 Hold. Therefore 12% are positive. Check Point Software Technologies Ltd. had 83 analyst reports since September 10, 2015 according to SRatingsIntel. On Friday, July 21 the stock rating was downgraded by PiperJaffray to “Neutral”. Barclays Capital downgraded the stock to “Underweight” rating in Wednesday, January 6 report. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, January 31. Oppenheimer maintained it with “Buy” rating and $12800 target in Wednesday, June 28 report. As per Monday, May 29, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of CHKP in report on Sunday, September 10 with “Hold” rating. Barclays Capital maintained Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Thursday, April 26 with “Equal-Weight” rating. The firm has “Overweight” rating given on Wednesday, September 28 by PiperJaffray. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Neutral” rating given on Thursday, September 10 by BTIG Research. The company was reinitiated on Tuesday, September 13 by Wunderlich.

Analysts await Check Point Software Technologies Ltd. (NASDAQ:CHKP) to report earnings on July, 19. They expect $1.19 earnings per share, up 4.39% or $0.05 from last year’s $1.14 per share. CHKP’s profit will be $189.25M for 20.99 P/E if the $1.19 EPS becomes a reality. After $1.18 actual earnings per share reported by Check Point Software Technologies Ltd. for the previous quarter, Wall Street now forecasts 0.85% EPS growth.

More notable recent Check Point Software Technologies Ltd. (NASDAQ:CHKP) news were published by: Nasdaq.com which released: “May’s Most Wanted Malware: Cryptomining Malware Digs into Nearly 40% of Organizations Globally” on June 07, 2018, also Seekingalpha.com with their article: “Palo Alto Networks +1.2% on Q3 beats, upside revenue guide” published on June 04, 2018, 247Wallst.com published: “Short Sellers Hike Bets in Cybersecurity Stocks” on June 12, 2018. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Fool.com and their article: “Don’t Get Greedy Yet With Check Point Software Technologies Stock” published on May 26, 2018 as well as Nasdaq.com‘s news article titled: “New Research Coverage Highlights Star Bulk Carriers, Check Point Software Technologies, NetEase, CURO Group …” with publication date: June 04, 2018.

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.38, from 1.33 in 2017Q4. It worsened, as 21 investors sold SIR shares while 64 reduced holdings. 28 funds opened positions while 53 raised stakes. 41.35 million shares or 1.98% less from 42.18 million shares in 2017Q4 were reported. Foundry Ptnrs Ltd Liability Company stated it has 0.24% of its portfolio in Select Income REIT (NASDAQ:SIR). Citigroup owns 41,346 shares or 0% of their US portfolio. 72,148 are held by Amundi Pioneer Asset Mgmt Inc. Systematic Financial Mgmt Limited Partnership owns 72,265 shares for 0.03% of their portfolio. D E Shaw & stated it has 55,498 shares or 0% of all its holdings. Sumitomo Mitsui Tru Incorporated owns 0% invested in Select Income REIT (NASDAQ:SIR) for 59,858 shares. Lsv Asset Mgmt owns 3.96M shares. Vanguard Gp reported 0.01% stake. Millennium Ltd Liability Corporation has invested 0% of its portfolio in Select Income REIT (NASDAQ:SIR). Moreover, Private Advisor Grp Ltd Liability Corporation has 0.01% invested in Select Income REIT (NASDAQ:SIR). Bluecrest, a Guernsey-based fund reported 40,086 shares. Moreover, Goldman Sachs Group has 0% invested in Select Income REIT (NASDAQ:SIR) for 225,353 shares. Lpl Fin Ltd Llc has invested 0.01% of its portfolio in Select Income REIT (NASDAQ:SIR). Retail Bank Of Montreal Can holds 0% of its portfolio in Select Income REIT (NASDAQ:SIR) for 9,490 shares. Manufacturers Life Insur The accumulated 48,445 shares.

Northern Capital Management Llc, which manages about $394.79 million and $388.09 million US Long portfolio, decreased its stake in Vg (MGV) by 13,975 shares to 61,555 shares, valued at $4.56M in 2018Q1, according to the filing. It also reduced its holding in Weatherford Intl Ltd (NYSE:WFT) by 277,600 shares in the quarter, leaving it with 56,700 shares, and cut its stake in Nxp Semiconductors Nv (NASDAQ:NXPI).

More news for Select Income REIT (NASDAQ:SIR) were recently published by: Businesswire.com, which released: “Select Income REIT to Present at Nareit REITweek: 2018 Investor Conference on Wednesday, June 6” on May 30, 2018. Businesswire.com‘s article titled: “Select Income REIT Announces Annual Meeting Results” and published on May 16, 2018 is yet another important article.

Among 6 analysts covering Select Income REIT (NYSE:SIR), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Select Income REIT had 14 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by B. Riley & Co on Wednesday, May 2 with “Buy”. FBR Capital initiated it with “Outperform” rating and $35 target in Monday, August 22 report. The stock of Select Income REIT (NASDAQ:SIR) has “Underweight” rating given on Thursday, April 19 by Morgan Stanley. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, February 6 report. As per Thursday, October 26, the company rating was maintained by Deutsche Bank. The firm has “Underweight” rating by Morgan Stanley given on Thursday, July 23. On Thursday, February 8 the stock rating was maintained by B. Riley & Co with “Buy”. The stock has “Underweight” rating by Morgan Stanley on Monday, February 5. The firm has “Buy” rating by FBR Capital given on Tuesday, February 20. JMP Securities initiated the shares of SIR in report on Tuesday, July 21 with “Market Perform” rating.

Select Income REIT (NASDAQ:SIR) Institutional Positions Chart

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