As Shoretel (SHOR) Market Value Declined, Holder Deutsche Bank Ag Has Boosted Stake; High Pointe Capital Management Has Upped Holding in Bristol (BMY) as Stock Declined

November 15, 2017 - By Marguerite Chambers

Deutsche Bank Ag increased its stake in Shoretel Inc (SHOR) by 353.05% based on its latest 2017Q2 regulatory filing with the SEC. Deutsche Bank Ag bought 62,808 shares as the company’s stock declined 11.68% while stock markets rallied. The institutional investor held 80,598 shares of the public utilities company at the end of 2017Q2, valued at $466,000, up from 17,790 at the end of the previous reported quarter. Deutsche Bank Ag who had been investing in Shoretel Inc for a number of months, seems to be bullish on the $518.65M market cap company. It closed at $7.5 lastly. It is down 1.14% since November 15, 2016 and is downtrending. It has underperformed by 17.84% the S&P500.

High Pointe Capital Management Llc increased its stake in Bristol (BMY) by 74.4% based on its latest 2017Q2 regulatory filing with the SEC. High Pointe Capital Management Llc bought 11,390 shares as the company’s stock declined 1.04% while stock markets rallied. The institutional investor held 26,700 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $1.49 million, up from 15,310 at the end of the previous reported quarter. High Pointe Capital Management Llc who had been investing in Bristol for a number of months, seems to be bullish on the $100.25 billion market cap company. The stock increased 0.44% or $0.27 during the last trading session, reaching $61.25. About shares traded. Bristol-Myers Squibb Co (NYSE:BMY) has declined 23.19% since November 15, 2016 and is downtrending. It has underperformed by 39.89% the S&P500.




Investors sentiment increased to 1.15 in Q2 2017. Its up 0.09, from 1.06 in 2017Q1. It improved, as 14 investors sold SHOR shares while 41 reduced holdings. 24 funds opened positions while 39 raised stakes. 56.39 million shares or 5.58% more from 53.41 million shares in 2017Q1 were reported. 142,429 are owned by Ironwood Inv. Thrivent For Lutherans reported 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Strs Ohio reported 94,600 shares. 12,605 are owned by Barclays Public Limited Co. Ellington Mngmt owns 0.01% invested in ShoreTel Inc (NASDAQ:SHOR) for 17,500 shares. 937,962 are owned by Cortina Asset Mngmt Limited Liability. Blackrock has invested 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Sei Company stated it has 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Menta Cap Limited Liability invested in 611,481 shares. Minnesota-based Ameriprise has invested 0% in ShoreTel Inc (NASDAQ:SHOR). Dimensional Fund Advsr LP has 0.01% invested in ShoreTel Inc (NASDAQ:SHOR) for 3.31 million shares. Cap Global Invsts stated it has 5.31 million shares or 0.01% of all its holdings. Susquehanna Int Llp invested in 0% or 24,551 shares. Metropolitan Life Ins Communication Ny stated it has 0% of its portfolio in ShoreTel Inc (NASDAQ:SHOR). Gsa Cap Llp invested in 15,822 shares.

More notable recent ShoreTel Inc (NASDAQ:SHOR) news were published by: Prnewswire.com which released: “ShoreTel Announces Transition of Chairperson of Board” on June 12, 2017, also Bizjournals.com with their article: “Canadian telecom giant Mitel snaps up longtime Sunnyvale rival ShoreTel for $430M” published on July 27, 2017, Prnewswire.com published: “ShoreTel (SHOR) Alert: J&W Investigates Proposed Sale of ShoreTel, Inc.; Is $7 …” on July 27, 2017. More interesting news about ShoreTel Inc (NASDAQ:SHOR) were released by: Bloomberg.com and their article: “Elliott-Backed Mitel Hunts for Smaller Purchases After ShoreTel” published on November 08, 2017 as well as Law360.com‘s news article titled: “Telecom Co. ShoreTel Hit With Suit Over $530M Mitel Deal” with publication date: August 23, 2017.

Among 5 analysts covering Shoretel Inc. (NASDAQ:SHOR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Shoretel Inc. had 14 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of ShoreTel Inc (NASDAQ:SHOR) earned “Buy” rating by Lake Street on Friday, November 13. Northland Capital maintained it with “Hold” rating and $7.5 target in Monday, September 11 report. The rating was upgraded by TheStreet on Saturday, August 29 to “Hold”. The firm earned “Hold” rating on Friday, July 28 by Northland Capital. As per Thursday, July 27, the company rating was downgraded by William Blair. The stock of ShoreTel Inc (NASDAQ:SHOR) has “Buy” rating given on Monday, July 3 by Northland Capital. Canaccord Genuity initiated the stock with “Buy” rating in Monday, August 10 report. Canaccord Genuity initiated the stock with “Buy” rating in Wednesday, August 12 report. Lake Street downgraded ShoreTel Inc (NASDAQ:SHOR) on Monday, July 31 to “Hold” rating.

Deutsche Bank Ag, which manages about $140.08B US Long portfolio, decreased its stake in Wyndham Worldwide Corp (Call) (NYSE:WYN) by 279,044 shares to 7,528 shares, valued at $755,000 in 2017Q2, according to the filing. It also reduced its holding in Enel Chile S A by 333,248 shares in the quarter, leaving it with 37,398 shares, and cut its stake in Epr Pptys (NYSE:EPR).

More notable recent Bristol-Myers Squibb Co (NYSE:BMY) news were published by: Nasdaq.com which released: “Bristol-Myers Says FDA Expands Approval Of Sprycel” on November 10, 2017, also Gurufocus.com with their article: “Sheaff Brock Investment Advisors, LLC Buys DowDuPont Inc, AT&T Inc, Bristol …” published on November 14, 2017, Investorplace.com published: “Bristol-Myers Squibb Co (BMY) Ranking Raised to Buy on Superior Earnings …” on October 20, 2017. More interesting news about Bristol-Myers Squibb Co (NYSE:BMY) were released by: Investorplace.com and their article: “Rating for Bristol-Myers Squibb Co (BMY) Drops….. Wilting Earnings Visibility” published on November 10, 2017 as well as Marketwatch.com‘s news article titled: “Bristol-Myers Squibb shares decline 2% on Q3 profit miss, revenue beat …” with publication date: October 26, 2017.

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