Round Table Services Raised Stake in New Mountain Finance (NMFC); As Icici Bk LTD (IBN) Market Valuation Rose, Ci Investments Has Increased Its Stake by $1.33 Million

January 14, 2018 - By Marie Mckinney

Round Table Services Llc increased its stake in New Mountain Finance Corporation (NMFC) by 3.51% based on its latest 2017Q3 regulatory filing with the SEC. Round Table Services Llc bought 45,628 shares as the company’s stock declined 2.69% while stock markets rallied. The institutional investor held 1.35M shares of the company at the end of 2017Q3, valued at $19.18M, up from 1.30 million at the end of the previous reported quarter. Round Table Services Llc who had been investing in New Mountain Finance Corporation for a number of months, seems to be bullish on the $1.02 billion market cap company. It closed at $13.5 lastly. It is down 17.77% since January 14, 2017 and is uptrending. It has outperformed by 1.07% the S&P500.

Ci Investments Inc increased its stake in Icici Bk Ltd (IBN) by 17.97% based on its latest 2017Q3 regulatory filing with the SEC. Ci Investments Inc bought 166,300 shares as the company’s stock rose 14.25% with the market. The institutional investor held 1.09M shares of the commercial banks company at the end of 2017Q3, valued at $9.35M, up from 925,350 at the end of the previous reported quarter. Ci Investments Inc who had been investing in Icici Bk Ltd for a number of months, seems to be bullish on the $31.96B market cap company. The stock increased 2.25% or $0.22 during the last trading session, reaching $9.98. About 4.51 million shares traded. ICICI Bank Limited (NYSE:IBN) has risen 45.32% since January 14, 2017 and is uptrending. It has outperformed by 28.62% the S&P500.




Ci Investments Inc, which manages about $10.91B US Long portfolio, decreased its stake in Citigroup Inc (NYSE:C) by 4.98 million shares to 3.27 million shares, valued at $237.90 million in 2017Q3, according to the filing. It also reduced its holding in Burlington Stores Inc (NYSE:BURL) by 4,500 shares in the quarter, leaving it with 191,650 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

Among 6 analysts covering ICICI Bank (NYSE:IBN), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. ICICI Bank had 10 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of ICICI Bank Limited (NYSE:IBN) earned “Hold” rating by Zacks on Thursday, September 3. The firm has “Buy” rating by Goldman Sachs given on Monday, September 14. The firm has “Hold” rating by Standpoint Research given on Wednesday, August 26. The company was upgraded on Thursday, April 21 by Credit Suisse. The stock has “Sell” rating by Zacks on Wednesday, August 19. On Tuesday, May 3 the stock rating was downgraded by Goldman Sachs to “Neutral”. Jefferies upgraded ICICI Bank Limited (NYSE:IBN) on Monday, October 30 to “Buy” rating. On Friday, October 21 the stock rating was upgraded by UBS to “Buy”. The stock of ICICI Bank Limited (NYSE:IBN) earned “Sell” rating by Zacks on Tuesday, August 25. The stock has “Buy” rating by Goldman Sachs on Monday, October 24.

Since December 15, 2017, it had 1 insider purchase, and 0 selling transactions for $41,790 activity.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.35, from 1.42 in 2017Q2. It fall, as 7 investors sold NMFC shares while 36 reduced holdings. 9 funds opened positions while 37 raised stakes. 28.12 million shares or 2.72% less from 28.90 million shares in 2017Q2 were reported. Muzinich &, a New York-based fund reported 3.89 million shares. 16,262 were accumulated by Glenmede Na. Allen Mgmt Lc has 29,949 shares. Manufacturers Life Insurance Company The owns 2,053 shares or 0% of their US portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt owns 75,310 shares. Cibc World Markets invested in 0% or 27,930 shares. Paw Cap Corp reported 82,000 shares or 1.23% of all its holdings. Moreover, Commonwealth Equity Svcs has 0% invested in New Mountain Finance Corporation (NYSE:NMFC) for 28,456 shares. Cetera Ltd Company owns 10,441 shares. Moreover, Advsr Cap Management Limited Liability has 0.74% invested in New Mountain Finance Corporation (NYSE:NMFC) for 642,840 shares. Perigon Wealth Mgmt Lc has invested 0% of its portfolio in New Mountain Finance Corporation (NYSE:NMFC). Capital Fund Mngmt has invested 0.01% in New Mountain Finance Corporation (NYSE:NMFC). Williams Jones And Limited Liability Company owns 458,625 shares. The Germany-based Deutsche Commercial Bank Ag has invested 0% in New Mountain Finance Corporation (NYSE:NMFC). Kennedy Cap Mngmt holds 0.09% or 339,345 shares in its portfolio.

Among 5 analysts covering New Mountain Finance (NYSE:NMFC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. New Mountain Finance had 8 analyst reports since January 20, 2016 according to SRatingsIntel. On Wednesday, May 31 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Neutral” rating by Robert W. Baird given on Thursday, July 14. The rating was reinitiated by Janney Capital with “Neutral” on Wednesday, April 27. Oppenheimer maintained New Mountain Finance Corporation (NYSE:NMFC) on Wednesday, August 9 with “Buy” rating. Robert W. Baird upgraded the shares of NMFC in report on Wednesday, January 20 to “Outperform” rating. Keefe Bruyette & Woods maintained New Mountain Finance Corporation (NYSE:NMFC) rating on Thursday, October 5. Keefe Bruyette & Woods has “Hold” rating and $15.0 target. Keefe Bruyette & Woods maintained the shares of NMFC in report on Sunday, July 23 with “Hold” rating. The company was maintained on Monday, March 7 by Wood.

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