Hudson Bay Capital Management LP Has Cut Its Raymond James Financial (RJF) Holding; Tetra Tech (TTEK)’s Sentiment Is 1.14

December 7, 2017 - By Peter Erickson

Hudson Bay Capital Management Lp decreased Raymond James Financial Inc (RJF) stake by 9.38% reported in 2017Q2 SEC filing. Hudson Bay Capital Management Lp sold 6,100 shares as Raymond James Financial Inc (RJF)’s stock declined 7.42%. The Hudson Bay Capital Management Lp holds 58,900 shares with $4.73M value, down from 65,000 last quarter. Raymond James Financial Inc now has $12.31 billion valuation. The stock increased 0.48% or $0.42 during the last trading session, reaching $88.14. About 69,872 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 41.57% since December 7, 2016 and is uptrending. It has outperformed by 24.87% the S&P500.

Tetra Tech, Inc. provides consulting and engineering services worldwide. The company has market cap of $2.71 billion. It operates through two divisions, Water, Environment and Infrastructure ; and Resource Management and Energy (RME). It has a 23.85 P/E ratio. The WEI segment offers early data collection and monitoring, data analysis and information technology, science and engineering applied research, engineering design, construction management, and activities and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.




Ratings analysis reveals 50% of Tetra Tech’s analysts are positive. Out of 2 Wall Street analysts rating Tetra Tech, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. TTEK was included in 2 notes of analysts from November 11, 2016. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Friday, November 11. The stock of Tetra Tech, Inc. (NASDAQ:TTEK) earned “Buy” rating by Roth Capital on Wednesday, January 25.

The stock increased 0.10% or $0.05 during the last trading session, reaching $48.65. About 21,300 shares traded. Tetra Tech, Inc. (TTEK) has risen 54.98% since December 7, 2016 and is uptrending. It has outperformed by 38.28% the S&P500.

Managed Asset Portfolios Llc holds 4.65% of its portfolio in Tetra Tech, Inc. for 308,193 shares. First Wilshire Securities Management Inc owns 250,280 shares or 3.27% of their US portfolio. Moreover, Rice Hall James & Associates Llc has 2.5% invested in the company for 1.26 million shares. The Florida-based Intrepid Capital Management Inc has invested 2.29% in the stock. S&T Bank Pa, a Pennsylvania-based fund reported 254,410 shares.

Analysts await Tetra Tech, Inc. (NASDAQ:TTEK) to report earnings on February, 7. They expect $0.53 earnings per share, up 8.16% or $0.04 from last year’s $0.49 per share. TTEK’s profit will be $29.53M for 22.95 P/E if the $0.53 EPS becomes a reality. After $0.63 actual earnings per share reported by Tetra Tech, Inc. for the previous quarter, Wall Street now forecasts -15.87% negative EPS growth.

Among 12 analysts covering Raymond James Financial Inc. (NYSE:RJF), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Raymond James Financial Inc. had 34 analyst reports since July 24, 2015 according to SRatingsIntel. The company was initiated on Thursday, November 30 by Credit Suisse. As per Monday, July 11, the company rating was maintained by Nomura. Wells Fargo upgraded the stock to “Outperform” rating in Thursday, September 14 report. The rating was upgraded by Nomura on Thursday, January 5 to “Buy”. Citigroup maintained it with “Neutral” rating and $91 target in Monday, November 13 report. The firm has “Mkt Perform” rating given on Monday, December 5 by Keefe Bruyette & Woods. Nomura downgraded the shares of RJF in report on Monday, January 25 to “Neutral” rating. As per Friday, October 27, the company rating was maintained by Buckingham Research. As per Tuesday, January 12, the company rating was downgraded by Citigroup. Citigroup upgraded the stock to “Buy” rating in Monday, October 26 report.

Hudson Bay Capital Management Lp increased Capital One Finl Corp (NYSE:COF) stake by 14,669 shares to 86,558 valued at $7.15M in 2017Q2. It also upped Health Ins Innovations Inc (NASDAQ:HIIQ) stake by 85,000 shares and now owns 235,000 shares. Rigel Pharmaceuticals Inc New (NASDAQ:RIGL) was raised too.

Investors sentiment increased to 1.24 in 2017 Q2. Its up 0.23, from 1.01 in 2017Q1. It is positive, as 20 investors sold RJF shares while 133 reduced holdings. 55 funds opened positions while 134 raised stakes. 97.29 million shares or 1.33% less from 98.61 million shares in 2017Q1 were reported. The Colorado-based Elk Creek Prtn Ltd Liability Com has invested 0.4% in Raymond James Financial, Inc. (NYSE:RJF). Hightower Advsr Ltd Liability Com invested in 0.01% or 18,410 shares. Twin Capital Mngmt stated it has 0.33% in Raymond James Financial, Inc. (NYSE:RJF). Comerica Savings Bank reported 34,898 shares. Archford Strategies Limited Liability Com reported 60 shares or 0% of all its holdings. Next Financial Group, a Texas-based fund reported 680 shares. Gemmer Asset Management Ltd Co invested in 222 shares. Peoples Fincl Service Corporation invested in 80 shares or 0% of the stock. Genesee Valley Trust Comm holds 0.18% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 5,300 shares. Robecosam Ag accumulated 1,650 shares. Signaturefd Ltd Com stated it has 0.04% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Tower Bridge Advisors holds 0% or 89,906 shares. Hall Laurie J Trustee has 0% invested in Raymond James Financial, Inc. (NYSE:RJF). Moreover, Price T Rowe Assocs Inc Md has 0% invested in Raymond James Financial, Inc. (NYSE:RJF). Cornerstone Management Hldgs Ltd Liability Com invested 0.08% in Raymond James Financial, Inc. (NYSE:RJF).

Analysts await Raymond James Financial, Inc. (NYSE:RJF) to report earnings on January, 24. They expect $1.43 earnings per share, up 33.64% or $0.36 from last year’s $1.07 per share. RJF’s profit will be $199.70M for 15.41 P/E if the $1.43 EPS becomes a reality. After $1.47 actual earnings per share reported by Raymond James Financial, Inc. for the previous quarter, Wall Street now forecasts -2.72% negative EPS growth.

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