Welch & Forbes Decreased By $378,994 Its Analog Devices (ADI) Holding; Shorts at Legacy Reserves LP Rep Limited Partn (LGCY) Raised By 0.32%

November 15, 2017 - By reb123z

Welch & Forbes Llc decreased Analog Devices Inc (ADI) stake by 12.42% reported in 2017Q2 SEC filing. Welch & Forbes Llc sold 4,922 shares as Analog Devices Inc (ADI)’s stock declined 1.50%. The Welch & Forbes Llc holds 34,700 shares with $2.70M value, down from 39,622 last quarter. Analog Devices Inc now has $33.25B valuation. The stock increased 0.46% or $0.41 during the last trading session, reaching $90.44. About 87 shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since November 15, 2016 and is uptrending. It has outperformed by 29.15% the S&P500.

Legacy Reserves LP Rep Limited Partn (NASDAQ:LGCY) had an increase of 0.32% in short interest. LGCY’s SI was 981,400 shares in November as released by FINRA. Its up 0.32% from 978,300 shares previously. With 177,100 avg volume, 6 days are for Legacy Reserves LP Rep Limited Partn (NASDAQ:LGCY)’s short sellers to cover LGCY’s short positions. The SI to Legacy Reserves LP Rep Limited Partn’s float is 1.58%. The stock decreased 3.02% or $0.05 on November 14, reaching $1.6. About shares traded. Legacy Reserves LP (NASDAQ:LGCY) has declined 15.20% since November 15, 2016 and is downtrending. It has underperformed by 31.90% the S&P500.




Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.10, from 0.89 in 2017Q1. It fall, as 4 investors sold Legacy Reserves LP shares while 15 reduced holdings. 6 funds opened positions while 9 raised stakes. 14.86 million shares or 0.43% less from 14.93 million shares in 2017Q1 were reported. Adirondack Tru has 0% invested in Legacy Reserves LP (NASDAQ:LGCY) for 200 shares. Grp Incorporated One Trading Ltd Partnership reported 0% stake. Susquehanna Intll Grp Llp holds 0% or 97,832 shares. Rr Advsrs Ltd invested in 0.12% or 600,000 shares. Credit Suisse Ag accumulated 2.00 million shares. Syntal Cap Ptnrs has invested 0.01% in Legacy Reserves LP (NASDAQ:LGCY). Indexiq Advsr Lc invested in 0% or 1,765 shares. Raymond James Associate has 56,756 shares. Oxbow Advsr Ltd Liability reported 48,423 shares. Stifel Financial holds 0% or 18,253 shares in its portfolio. Creative Planning reported 6,379 shares. Moreover, Morgan Stanley has 0% invested in Legacy Reserves LP (NASDAQ:LGCY) for 109,043 shares. Goldman Sachs Inc holds 0% of its portfolio in Legacy Reserves LP (NASDAQ:LGCY) for 13,403 shares. Fmr Ltd Liability Corp holds 0% or 10.63 million shares in its portfolio. Us Bankshares De invested in 0% or 2,000 shares.

Legacy Reserves LP is a master limited partnership company. The company has market cap of $116.58 million. The Firm focuses on the acquisition and development of oil and natural gas properties located in the Permian Basin, East Texas, Rocky Mountain and Mid-Continent regions of the United States. It currently has negative earnings. As of December 31, 2016, the Company had proved reserves of approximately 144.8 million barrels of crude oil equivalent (MMBoe), of which 72% were natural gas, 28% were oil and natural gas liquids (NGLs) and 94% were classified as proved developed producing.

Among 11 analysts covering Legacy Reserves (NASDAQ:LGCY), 0 have Buy rating, 5 Sell and 6 Hold. Therefore 0 are positive. Legacy Reserves had 23 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Equal Weight” rating given on Wednesday, September 30 by Barclays Capital. FBR Capital downgraded Legacy Reserves LP (NASDAQ:LGCY) on Wednesday, January 27 to “Market Perform” rating. The rating was maintained by Citigroup on Monday, March 21 with “Neutral”. RBC Capital Markets maintained Legacy Reserves LP (NASDAQ:LGCY) on Friday, August 7 with “Sector Perform” rating. The stock of Legacy Reserves LP (NASDAQ:LGCY) has “Underperform” rating given on Thursday, February 18 by Wells Fargo. The stock has “Sell” rating by Stifel Nicolaus on Thursday, July 13. The rating was downgraded by Stifel Nicolaus on Monday, December 7 to “Hold”. Stifel Nicolaus downgraded the shares of LGCY in report on Thursday, June 8 to “Sell” rating. As per Thursday, September 29, the company rating was maintained by Citigroup. The firm earned “Hold” rating on Wednesday, October 26 by Stifel Nicolaus.

Analysts await Analog Devices, Inc. (NASDAQ:ADI) to report earnings on November, 21 before the open. They expect $1.36 earnings per share, up 29.52% or $0.31 from last year’s $1.05 per share. ADI’s profit will be $500.00 million for 16.63 P/E if the $1.36 EPS becomes a reality. After $1.26 actual earnings per share reported by Analog Devices, Inc. for the previous quarter, Wall Street now forecasts 7.94% EPS growth.

Investors sentiment decreased to 1.14 in Q2 2017. Its down 1.62, from 2.76 in 2017Q1. It dived, as 66 investors sold ADI shares while 222 reduced holdings. 79 funds opened positions while 248 raised stakes. 313.75 million shares or 0.35% less from 314.84 million shares in 2017Q1 were reported. Jennison Associate Limited Liability Com invested 0.19% in Analog Devices, Inc. (NASDAQ:ADI). Voya Investment Management Ltd Liability Corp holds 0.04% in Analog Devices, Inc. (NASDAQ:ADI) or 236,675 shares. Credit Suisse Ag has 658,132 shares for 0.05% of their portfolio. 17,784 were reported by Bbva Compass National Bank Inc. Cadence Capital Mgmt Limited Liability Company accumulated 60,244 shares. Croft holds 44,335 shares. Bright Rock Capital Mgmt Limited Liability Corporation owns 9,000 shares. 18,800 were accumulated by Marlowe Limited Partnership. Jones Fincl Cos Lllp stated it has 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Oakbrook Invs Lc holds 13,481 shares or 0.07% of its portfolio. State Of Alaska Department Of Revenue has invested 0.11% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). 453,214 are owned by Cincinnati Insurance. 384,193 were accumulated by Epoch Inv Prtn Inc. Mckinley Management Lc Delaware reported 0% in Analog Devices, Inc. (NASDAQ:ADI). Hall Laurie J Trustee has invested 0% in Analog Devices, Inc. (NASDAQ:ADI).

Among 28 analysts covering Analog Devices (NASDAQ:ADI), 17 have Buy rating, 0 Sell and 11 Hold. Therefore 61% are positive. Analog Devices has $110.0 highest and $50 lowest target. $81.92’s average target is -9.42% below currents $90.44 stock price. Analog Devices had 98 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, November 23 by Credit Suisse. The firm has “Buy” rating given on Wednesday, August 19 by B. Riley & Co. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by B. Riley & Co on Wednesday, August 30. On Monday, January 11 the stock rating was upgraded by Wells Fargo to “Outperform”. On Thursday, October 19 the stock rating was maintained by Jefferies with “Buy”. The firm has “Outperform” rating given on Tuesday, March 14 by Credit Suisse. M Partners maintained the stock with “Neutral” rating in Wednesday, August 19 report. Oppenheimer maintained it with “Buy” rating and $100.0 target in Thursday, August 24 report. RBC Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) on Friday, August 4 with “Buy” rating. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by SunTrust on Wednesday, October 11.

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