Align Technology (ALGN) Share Value Rose While Disciplined Growth Investors Trimmed Its Stake; Dollar Gen New (DG) Holder Scharf Investments Cut Holding as Market Value Declined

April 20, 2018 - By Peter Erickson

Align Technology, Inc. (NASDAQ:ALGN) Logo

Disciplined Growth Investors Inc decreased its stake in Align Technology Inc (ALGN) by 8.79% based on its latest 2017Q4 regulatory filing with the SEC. Disciplined Growth Investors Inc sold 95,751 shares as the company’s stock rose 11.29% while stock markets declined. The institutional investor held 993,617 shares of the health care company at the end of 2017Q4, valued at $220.77 million, down from 1.09M at the end of the previous reported quarter. Disciplined Growth Investors Inc who had been investing in Align Technology Inc for a number of months, seems to be less bullish one the $19.94 billion market cap company. The stock decreased 1.56% or $3.95 during the last trading session, reaching $248.83. About 749,295 shares traded. Align Technology, Inc. (NASDAQ:ALGN) has risen 117.77% since April 20, 2017 and is uptrending. It has outperformed by 106.22% the S&P500.

Scharf Investments Llc decreased its stake in Dollar Gen Corp New (DG) by 22.86% based on its latest 2017Q4 regulatory filing with the SEC. Scharf Investments Llc sold 617,518 shares as the company’s stock declined 0.52% with the market. The institutional investor held 2.08 million shares of the department and specialty retail stores company at the end of 2017Q4, valued at $193.84M, down from 2.70M at the end of the previous reported quarter. Scharf Investments Llc who had been investing in Dollar Gen Corp New for a number of months, seems to be less bullish one the $26.00B market cap company. The stock decreased 2.20% or $2.18 during the last trading session, reaching $96.82. About 1.65 million shares traded. Dollar General Corporation (NYSE:DG) has risen 34.01% since April 20, 2017 and is uptrending. It has outperformed by 22.46% the S&P500.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.26, from 0.91 in 2017Q3. It is positive, as 34 investors sold DG shares while 200 reduced holdings. 109 funds opened positions while 164 raised stakes. 233.50 million shares or 1.53% less from 237.14 million shares in 2017Q3 were reported. Paloma Ptnrs reported 9,087 shares or 0.01% of all its holdings. Banque Pictet Cie Sa accumulated 0.16% or 88,531 shares. Advisory Services Net Limited Company owns 0.01% invested in Dollar General Corporation (NYSE:DG) for 665 shares. Nexus Investment Management Inc accumulated 3.23% or 234,440 shares. Dupont Management has 1,023 shares. The New York-based Brown Brothers Harriman & Communications has invested 0% in Dollar General Corporation (NYSE:DG). 66,085 are owned by Comerica Retail Bank. Suntrust Banks holds 0.03% or 69,756 shares in its portfolio. Great West Life Assurance Can stated it has 0.05% of its portfolio in Dollar General Corporation (NYSE:DG). Deutsche Bancshares Ag holds 0.1% of its portfolio in Dollar General Corporation (NYSE:DG) for 1.75M shares. Atlanta Cap Mngmt L L C reported 1.14M shares or 0.56% of all its holdings. Vanguard holds 0.07% or 18.36M shares. Stephens Ar has 0.1% invested in Dollar General Corporation (NYSE:DG) for 28,305 shares. Segall Bryant Hamill Limited Company has invested 0.1% in Dollar General Corporation (NYSE:DG). Strs Ohio owns 3,445 shares.

Scharf Investments Llc, which manages about $2.69B and $4.41 billion US Long portfolio, upped its stake in O Reilly Automotive Inc New (NASDAQ:ORLY) by 1,818 shares to 3,727 shares, valued at $896,000 in 2017Q4, according to the filing. It also increased its holding in Spdr S&P 500 Etf Tr (SPY) by 89,798 shares in the quarter, for a total of 121,174 shares, and has risen its stake in Walgreens Boots Alliance Inc.

Since December 12, 2017, it had 0 insider purchases, and 6 insider sales for $3.12 million activity. Ravener Robert D sold $1.06M worth of stock or 11,368 shares. On Tuesday, April 10 the insider ELLIOTT ANITA C sold $181,159. Shares for $251,895 were sold by TAYLOR RHONDA.

Among 31 analysts covering Dollar General Corp. (NYSE:DG), 19 have Buy rating, 2 Sell and 10 Hold. Therefore 61% are positive. Dollar General Corp. had 109 analyst reports since August 13, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of DG in report on Tuesday, April 17 to “Overweight” rating. The rating was downgraded by Raymond James to “Outperform” on Monday, April 16. As per Friday, August 26, the company rating was maintained by Macquarie Research. The firm has “Hold” rating given on Wednesday, December 7 by Loop Capital. The firm has “Buy” rating by Deutsche Bank given on Wednesday, October 7. The company was upgraded on Tuesday, February 16 by Morgan Stanley. The firm earned “Buy” rating on Monday, March 28 by Goldman Sachs. As per Thursday, August 25, the company rating was downgraded by Credit Suisse. The stock of Dollar General Corporation (NYSE:DG) has “Buy” rating given on Friday, May 27 by M Partners. The rating was maintained by Jefferies on Thursday, December 7 with “Hold”.

Analysts await Dollar General Corporation (NYSE:DG) to report earnings on June, 7. They expect $1.39 EPS, up 34.95% or $0.36 from last year’s $1.03 per share. DG’s profit will be $373.28M for 17.41 P/E if the $1.39 EPS becomes a reality. After $1.48 actual EPS reported by Dollar General Corporation for the previous quarter, Wall Street now forecasts -6.08% negative EPS growth.

Among 14 analysts covering Align Technology (NASDAQ:ALGN), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Align Technology had 55 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Roth Capital on Wednesday, March 23 with “Buy”. The firm earned “Overweight” rating on Wednesday, November 18 by Piper Jaffray. Credit Suisse maintained the stock with “Buy” rating in Wednesday, January 31 report. The stock has “Buy” rating by Morgan Stanley on Monday, June 19. Stifel Nicolaus maintained Align Technology, Inc. (NASDAQ:ALGN) rating on Tuesday, November 21. Stifel Nicolaus has “Buy” rating and $265.0 target. The rating was maintained by Piper Jaffray on Wednesday, January 31 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, July 17 report. The firm has “Hold” rating given on Friday, January 19 by Stephens. The firm has “Buy” rating given on Monday, September 11 by Robert W. Baird. The stock of Align Technology, Inc. (NASDAQ:ALGN) has “Buy” rating given on Friday, July 28 by Stifel Nicolaus.

Disciplined Growth Investors Inc, which manages about $4.06 billion and $5.07B US Long portfolio, upped its stake in Plexus Corp Com (NASDAQ:PLXS) by 13,472 shares to 2.99 million shares, valued at $181.65M in 2017Q4, according to the filing. It also increased its holding in Garmin Ltd Shs (NASDAQ:GRMN) by 9,409 shares in the quarter, for a total of 1.62M shares, and has risen its stake in Cognex Corp Com (NASDAQ:CGNX).

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 37 investors sold ALGN shares while 216 reduced holdings. only 100 funds opened positions while 136 raised stakes. 60.90 million shares or 3.22% less from 62.92 million shares in 2017Q3 were reported. Cleararc invested in 0.06% or 1,842 shares. Capstone Inv Limited Liability Corporation reported 0.02% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). Chem State Bank reported 0.09% stake. Wealthtrust reported 0.03% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). State Board Of Administration Of Florida Retirement Systems reported 115,224 shares. First Trust Advsrs LP reported 0.12% of its portfolio in Align Technology, Inc. (NASDAQ:ALGN). New York State Common Retirement Fund has 227,885 shares for 0.06% of their portfolio. Balasa Dinverno And Foltz Ltd Liability invested in 0.04% or 1,125 shares. Fny Managed Accounts Ltd Com invested in 15 shares or 0% of the stock. Oppenheimer And Inc invested in 0.01% or 1,120 shares. California-based Franklin Res has invested 0% in Align Technology, Inc. (NASDAQ:ALGN). Perceptive Lc accumulated 0.03% or 3,448 shares. Conestoga Advsrs Ltd Llc holds 0.12% or 13,544 shares. Jones Collombin Investment Counsel has 116 shares. Moreover, Parkwood Ltd Liability Co has 0.03% invested in Align Technology, Inc. (NASDAQ:ALGN).

Align Technology, Inc. (NASDAQ:ALGN) Institutional Positions Chart

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