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Verifone Systems (PAY) Valuation Rose While Lapides Asset Management Has Cut Its Holding by $667,500; Kemet (KEM) Holder James Investment Research Boosted Holding by $2.09 Million as Stock Rose

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Lapides Asset Management Llc decreased its stake in Verifone Systems Inc (PAY) by 3.99% based on its latest 2018Q1 regulatory filing with the SEC. Lapides Asset Management Llc sold 44,500 shares as the company’s stock rose 34.61% while stock markets declined. The institutional investor held 1.07M shares of the miscellaneous company at the end of 2018Q1, valued at $16.49 million, down from 1.12 million at the end of the previous reported quarter. Lapides Asset Management Llc who had been investing in Verifone Systems Inc for a number of months, seems to be less bullish one the $2.53B market cap company. It closed at $22.83 lastly. It is down 26.90% since June 15, 2017 and is uptrending. It has outperformed by 14.33% the S&P500. Some Historical PAY News: 25/05/2018 – Verifone Announces End of “Go Shop” Period; 09/04/2018 – Verifone to Be Acquired by Francisco Partners for $3.4B, Including Debt; 08/03/2018 – Verifone Sees 2018 EPS 66c-EPS 69c; 09/04/2018 – Verifone agrees to be taken private in $3.4bn deal; 09/03/2018 – Verifone to Participate in Upcoming Investor Conferences; 08/03/2018 – Verifone 1Q EPS 6c; 12/04/2018 – Moody’s Places Verifone’s Ba2 Cfr Under Review For Downgrade; 11/03/2018 – Verifone Debuts Carbon Mobile 5, a Category-Defining, Single-Screen Commerce Solution; 10/04/2018 – S&PGR Places VeriFone Rtgs On WatchNeg On Buyout Anncmt; 09/04/2018 – VERIFONE HOLDERS TO GET $23.04/SHR IN CASH

James Investment Research Inc increased its stake in Kemet Corp (KEM) by 161.85% based on its latest 2018Q1 regulatory filing with the SEC. James Investment Research Inc bought 115,935 shares as the company’s stock rose 3.20% while stock markets declined. The institutional investor held 187,565 shares of the electrical products company at the end of 2018Q1, valued at $3.40 million, up from 71,630 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Kemet Corp for a number of months, seems to be bullish on the $1.41B market cap company. The stock increased 3.39% or $0.81 during the last trading session, reaching $24.69. About 1.23 million shares traded or 10.94% up from the average. KEMET Corporation (NYSE:KEM) has risen 37.25% since June 15, 2017 and is uptrending. It has outperformed by 24.68% the S&P500. Some Historical KEM News: 29/05/2018 – KEMET Introduces 150 Degrees Celsius Automotive Qualified Polymer Electrolytic Capacitors; 05/04/2018 – KEMET Expands ESD Rated Ceramic Capacitor Product Portfolio; 30/04/2018 – KEMET CFR RAISED TO B1 FROM B3 BY MOODY’S; OUTLOOK STABLE; 30/04/2018 – Moody’s Upgrades Kemet’s Cfr And Sr Sec Term Loan To B1; Outlook Stable; 19/03/2018 – OBDUCAT AB OBDUb.NGM – THIS PROJECT IS A COLLABORATION BETWEEN MALMÖ UNIVERSITY, KEMET ELECTRONICS AB AND OBDUCAT TECHNOLOGIES AB; 21/03/2018 – Kemet and KEC Weren’t Part of the Investigation by the Commission; 28/03/2018 – Album Review: With Sons of Kemet, Shabaka Hutchings Brings London Jazz Into the Spotlight; 16/04/2018 – Kemet Closes Below 200-Day Moving Average: Technicals; 17/05/2018 – Kemet at B. Riley FBR Institutional Investor Conference May 23; 21/03/2018 – KEMET Comments on European Commission Announcement of TOKIN Corporation Fine

Lapides Asset Management Llc, which manages about $912.08 million and $455.80M US Long portfolio, upped its stake in Fmc Corp (NYSE:FMC) by 20,800 shares to 97,700 shares, valued at $7.48 million in 2018Q1, according to the filing. It also increased its holding in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) by 144,700 shares in the quarter, for a total of 1.76M shares, and has risen its stake in Stericycle Inc (NASDAQ:SRCL).

More news for VeriFone Systems, Inc. (NYSE:PAY) were recently published by: Seekingalpha.com, which released: “Stocks To Watch: Eyes On Apple’s WWDC, SCOTUS And DC” on June 02, 2018. Businesswire.com‘s article titled: “Verifone Announces End of “Go Shop” Period” and published on May 25, 2018 is yet another important article.

Among 31 analysts covering Verifone Systems Inc. (NYSE:PAY), 7 have Buy rating, 1 Sell and 23 Hold. Therefore 23% are positive. Verifone Systems Inc. had 84 analyst reports since August 5, 2015 according to SRatingsIntel. On Thursday, November 16 the stock rating was downgraded by Raymond James to “Outperform”. The rating was maintained by JP Morgan on Friday, August 14 with “Overweight”. The firm has “Strong Buy” rating by Raymond James given on Thursday, October 8. As per Friday, March 10, the company rating was maintained by RBC Capital Markets. The firm earned “Hold” rating on Tuesday, April 10 by SunTrust. As per Wednesday, December 13, the company rating was maintained by Credit Suisse. The firm has “Neutral” rating given on Wednesday, September 6 by Northcoast. As per Friday, January 6, the company rating was initiated by BMO Capital Markets. The firm earned “Hold” rating on Wednesday, August 23 by KeyBanc Capital Markets. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Hold” rating by Citigroup on Friday, September 15.

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.02, from 1.08 in 2017Q4. It dived, as 22 investors sold PAY shares while 78 reduced holdings. 36 funds opened positions while 70 raised stakes. 109.71 million shares or 2.40% less from 112.41 million shares in 2017Q4 were reported. Polar Asset owns 506,800 shares or 0.13% of their US portfolio. Amalgamated National Bank invested 0.01% in VeriFone Systems, Inc. (NYSE:PAY). Tudor Investment Et Al holds 0.01% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY) for 19,087 shares. Stevens Capital Mngmt Ltd Partnership accumulated 51,393 shares or 0.03% of the stock. Covington Inv Advisors holds 0.62% or 124,375 shares in its portfolio. Sei Invests invested 0.02% in VeriFone Systems, Inc. (NYSE:PAY). 1.13M were accumulated by Century Companies. Jpmorgan Chase holds 0% of its portfolio in VeriFone Systems, Inc. (NYSE:PAY) for 71,983 shares. Proshare Advisors Limited Liability Co has invested 0% in VeriFone Systems, Inc. (NYSE:PAY). Thrivent Fincl For Lutherans has 25,358 shares. 149,502 were reported by Legal And General Grp Inc Pcl. Earnest Llc reported 620 shares. Morgan Stanley stated it has 0% in VeriFone Systems, Inc. (NYSE:PAY). Citigroup has 70,523 shares. Credit Suisse Ag reported 154,005 shares.

More notable recent KEMET Corporation (NYSE:KEM) news were published by: Seekingalpha.com which released: “Boston Scientific Is A Good Earnings Story – Cramer’s Lightning Round (6/13/18)” on June 14, 2018, also Globenewswire.com with their article: “KEMET Reports Preliminary Fiscal Year and Fourth Quarter 2018 Results” published on May 17, 2018, Globenewswire.com published: “KEMET Expands Industry-Leading X7R 250 Volt Product Portfolio” on May 22, 2018. More interesting news about KEMET Corporation (NYSE:KEM) were released by: Globenewswire.com and their article: “KEMET Introduces 150 Degrees Celsius Automotive Qualified Polymer Electrolytic Capacitors” published on May 29, 2018 as well as Seekingalpha.com‘s news article titled: “All Systems Go At KEMET” with publication date: May 22, 2018.

Among 3 analysts covering Kemet (NYSE:KEM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Kemet had 9 analyst reports since May 23, 2016 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Monday, May 14. The stock of KEMET Corporation (NYSE:KEM) earned “Buy” rating by B. Riley & Co on Monday, May 23. The firm earned “Buy” rating on Friday, February 2 by FBR Capital. Stifel Nicolaus maintained KEMET Corporation (NYSE:KEM) on Thursday, January 18 with “Hold” rating. Stifel Nicolaus maintained the shares of KEM in report on Sunday, August 6 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, October 4. The stock of KEMET Corporation (NYSE:KEM) earned “Hold” rating by Stifel Nicolaus on Sunday, September 10.

Investors sentiment increased to 1.53 in 2018 Q1. Its up 0.10, from 1.43 in 2017Q4. It improved, as 27 investors sold KEM shares while 45 reduced holdings. 46 funds opened positions while 64 raised stakes. 39.63 million shares or 3.33% more from 38.35 million shares in 2017Q4 were reported. Element Capital Llc has 0.01% invested in KEMET Corporation (NYSE:KEM) for 12,770 shares. Systematic Fincl Mngmt LP holds 20,850 shares or 0.01% of its portfolio. Bnp Paribas Arbitrage accumulated 34,538 shares. 22,000 were reported by South Dakota Investment Council. 4.07 million are held by Vanguard Group Inc. Susquehanna Intll Grp Inc Inc Llp invested in 40,328 shares. Sei Investments reported 8,209 shares. Comerica Financial Bank holds 51,950 shares or 0.01% of its portfolio. Bowling Port Ltd Liability stated it has 0.21% of its portfolio in KEMET Corporation (NYSE:KEM). Shell Asset Mgmt stated it has 0.01% of its portfolio in KEMET Corporation (NYSE:KEM). Gam Ag holds 18,548 shares or 0.01% of its portfolio. Paloma Prtnrs has 11,041 shares for 0% of their portfolio. The New York-based Brant Point Invest Lc has invested 0.27% in KEMET Corporation (NYSE:KEM). Live Your Vision Lc reported 200 shares or 0% of all its holdings. Riverhead Cap Mngmt Limited Liability Com holds 7,000 shares or 0.01% of its portfolio.

KEMET Corporation (NYSE:KEM) Institutional Positions Chart

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