Logmein (LOGM) Shareholder Adi Capital Management Raised Its Holding; As Constellation Brands (STZ) Shares Rose, Freshford Capital Management Has Cut Its Stake

November 15, 2017 - By Marie Mckinney

Adi Capital Management Llc increased its stake in Logmein Inc (LOGM) by 6% based on its latest 2017Q2 regulatory filing with the SEC. Adi Capital Management Llc bought 9,469 shares as the company’s stock rose 17.94% with the market. The institutional investor held 167,321 shares of the technology company at the end of 2017Q2, valued at $17.49M, up from 157,852 at the end of the previous reported quarter. Adi Capital Management Llc who had been investing in Logmein Inc for a number of months, seems to be bullish on the $6.03 billion market cap company. It closed at $114.5 lastly. It is down 101.86% since November 15, 2016 and is uptrending. It has outperformed by 85.16% the S&P500.

Michael Doheny decreased its stake in Constellation Brands Inc (STZ) by 8% based on its latest 2017Q2 regulatory filing with the SEC. Freshford Capital Management Llc sold 20,368 shares as the company’s stock rose 13.40% with the market. The hedge fund run by Michael Doheny held 234,194 shares of the beverages (production and distribution) company at the end of 2017Q2, valued at $45.37M, down from 254,562 at the end of the previous reported quarter. Freshford Capital Management Llc who had been investing in Constellation Brands Inc for a number of months, seems to be less bullish one the $42.73 billion market cap company. It closed at $218.09 lastly. It is down 17.20% since November 15, 2016 and is uptrending. It has outperformed by 0.50% the S&P500.




Adi Capital Management Llc, which manages about $130.00 million and $174.75 million US Long portfolio, decreased its stake in Symantec Corp (NASDAQ:SYMC) by 32,000 shares to 644,390 shares, valued at $18.20M in 2017Q2, according to the filing.

Among 12 analysts covering LogMeIn (NASDAQ:LOGM), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. LogMeIn had 42 analyst reports since July 24, 2015 according to SRatingsIntel. Robert W. Baird upgraded the shares of LOGM in report on Tuesday, October 3 to “Outperform” rating. On Sunday, October 8 the stock rating was maintained by RBC Capital Markets with “Buy”. Needham maintained LogMeIn Inc (NASDAQ:LOGM) on Thursday, September 21 with “Buy” rating. Needham maintained LogMeIn Inc (NASDAQ:LOGM) rating on Friday, February 12. Needham has “Strong Buy” rating and $57 target. Needham maintained the stock with “Strong-Buy” rating in Thursday, September 3 report. The rating was maintained by Dougherty & Company on Friday, April 29 with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Friday, June 9. As per Friday, October 14, the company rating was maintained by Needham. The company was upgraded on Friday, August 28 by KeyBanc Capital Markets. The company was maintained on Friday, October 23 by RBC Capital Markets.

Since May 16, 2017, it had 0 insider purchases, and 12 selling transactions for $8.70 million activity. $376,105 worth of stock was sold by D’Angelo Lawrence M. on Sunday, May 21. Donahue Michael J sold $557,345 worth of LogMeIn Inc (NASDAQ:LOGM) on Friday, May 26. 640 LogMeIn Inc (NASDAQ:LOGM) shares with value of $74,272 were sold by Lok James. On Tuesday, May 23 the insider GILLIS EDWIN J sold $1.64 million. CALDERONI ROBERT also sold $1.42 million worth of LogMeIn Inc (NASDAQ:LOGM) on Friday, June 9. On Friday, May 26 Herdiech Edward K. sold $164,990 worth of LogMeIn Inc (NASDAQ:LOGM) or 1,500 shares.

More important recent LogMeIn Inc (NASDAQ:LOGM) news were published by: Globenewswire.com which released: “LogMeIn Announces Third Quarter 2017 Results” on October 26, 2017, also Nasdaq.com published article titled: “LogMein, Inc. (LOGM) Ex-Dividend Date Scheduled for November 07, 2017”, Globenewswire.com published: “LogMeIn Introduces GoToStage, a New On-Demand Video Platform to help Marketers …” on October 31, 2017. More interesting news about LogMeIn Inc (NASDAQ:LOGM) was released by: Globenewswire.com and their article: “LogMeIn Wins 2017 KMWorld Promise Award for Artificial Intelligence Solution …” with publication date: November 09, 2017.

Investors sentiment decreased to 1.02 in Q2 2017. Its down 3.31, from 4.33 in 2017Q1. It worsened, as 59 investors sold LOGM shares while 116 reduced holdings. 66 funds opened positions while 113 raised stakes. 48.76 million shares or 49.78% less from 97.10 million shares in 2017Q1 were reported. Moreover, Bartlett And Co Ltd has 0% invested in LogMeIn Inc (NASDAQ:LOGM) for 85 shares. Riverhead Cap Management Llc owns 7,626 shares. Management Co invested 0% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Massachusetts-based Clough Partners LP has invested 0.95% in LogMeIn Inc (NASDAQ:LOGM). Mutual Of America Cap Mngmt Ltd Liability reported 0.26% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Prelude Capital Management invested 0.05% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Bnp Paribas Arbitrage accumulated 22,437 shares. Thompson Davis And Com invested in 0.06% or 341 shares. Rk Capital Mngmt Lc accumulated 2.37% or 112,516 shares. Peak6 LP reported 0% stake. Columbus Circle invested in 150,263 shares or 0.26% of the stock. 32,169 are owned by Nicholas Prtnrs L P. Trillium Asset Limited Liability Co has 105,672 shares. Qci Asset Mgmt Ny invested in 48 shares. M&T Bank holds 0% or 2,104 shares in its portfolio.

Investors sentiment increased to 1.16 in Q2 2017. Its up 0.34, from 0.82 in 2017Q1. It is positive, as 42 investors sold STZ shares while 242 reduced holdings. 108 funds opened positions while 221 raised stakes. 143.15 million shares or 0.40% less from 143.73 million shares in 2017Q1 were reported. Apg Asset Nv reported 0.01% stake. Janney Montgomery Scott Ltd has 0.06% invested in Constellation Brands, Inc. (NYSE:STZ). Moreover, Cobblestone Cap Advsr Ltd Llc Ny has 0.11% invested in Constellation Brands, Inc. (NYSE:STZ) for 4,487 shares. Skylands Cap Ltd Com accumulated 8,800 shares or 0.24% of the stock. Andra Ap invested in 0.18% or 37,500 shares. Cognios Ltd Company invested in 12,828 shares or 0.87% of the stock. Jennison Ltd Liability Com holds 0.37% or 1.80M shares in its portfolio. Minnesota-based Ameriprise Financial has invested 0.05% in Constellation Brands, Inc. (NYSE:STZ). Daiwa Securities Group Incorporated has invested 0.01% in Constellation Brands, Inc. (NYSE:STZ). Etrade holds 14,903 shares or 0.11% of its portfolio. Hm Cap Mngmt holds 1.18% of its portfolio in Constellation Brands, Inc. (NYSE:STZ) for 6,592 shares. Koshinski Asset Mngmt invested 0% in Constellation Brands, Inc. (NYSE:STZ). Federated Invsts Pa holds 0.22% in Constellation Brands, Inc. (NYSE:STZ) or 400,545 shares. Bnp Paribas Arbitrage Sa holds 0.1% or 163,588 shares. Tdam Usa reported 1,417 shares or 0.01% of all its holdings.

Analysts await Constellation Brands, Inc. (NYSE:STZ) to report earnings on January, 4. They expect $1.88 EPS, down 4.08% or $0.08 from last year’s $1.96 per share. STZ’s profit will be $368.35 million for 29.00 P/E if the $1.88 EPS becomes a reality. After $2.47 actual EPS reported by Constellation Brands, Inc. for the previous quarter, Wall Street now forecasts -23.89% negative EPS growth.

Among 21 analysts covering Constellation Brands (NYSE:STZ), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Constellation Brands had 68 analyst reports since August 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Friday, December 11. Wells Fargo initiated the stock with “Outperform” rating in Tuesday, April 5 report. The stock of Constellation Brands, Inc. (NYSE:STZ) has “Buy” rating given on Thursday, June 29 by Pivotal Research. Barclays Capital reinitiated the shares of STZ in report on Thursday, December 17 with “Overweight” rating. The firm has “Buy” rating by Cowen & Co given on Monday, October 16. On Thursday, October 5 the stock rating was maintained by Cowen & Co with “Buy”. As per Friday, October 6, the company rating was maintained by Stifel Nicolaus. Wells Fargo maintained Constellation Brands, Inc. (NYSE:STZ) on Tuesday, April 11 with “Outperform” rating. The firm has “Outperform” rating given on Monday, November 23 by Cowen & Co. The firm has “Buy” rating by SunTrust given on Thursday, October 6.

More notable recent Constellation Brands, Inc. (NYSE:STZ) news were published by: Seekingalpha.com which released: “Morgan Stanley expects more gains for Constellation Brands” on October 16, 2017, also Seekingalpha.com with their article: “Constellation Brands enters pot business” published on October 30, 2017, Seekingalpha.com published: “Constellation Brands a top pick of Morgan Stanley” on November 14, 2017. More interesting news about Constellation Brands, Inc. (NYSE:STZ) were released by: Seekingalpha.com and their article: “Constellation’s Move Into Cannabis Looks Interesting” published on November 06, 2017 as well as Nasdaq.com‘s news article titled: “Constellation Brands (STZ) Up 3.2% Since Earnings Report: Can It Continue?” with publication date: November 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.