As Cobiz Financial (COBZ) Stock Declined, Elizabeth Park Capital Advisors LTD Has Raised Stake; Vale Sa (VALE) Holder Oaktree Capital Management LP Has Upped Its Holding by $77.01 Million as Stock Price Declined

February 14, 2018 - By Maria Brooks

Howard Marks increased its stake in Vale Sa (VALE) by 575.99% based on its latest 2017Q3 regulatory filing with the SEC. Oaktree Capital Management Lp bought 7.70M shares as the company’s stock declined 20.71% while stock markets rallied. The hedge fund run by Howard Marks held 9.04M shares of the precious metals company at the end of 2017Q3, valued at $91.01M, up from 1.34 million at the end of the previous reported quarter. Oaktree Capital Management Lp who had been investing in Vale Sa for a number of months, seems to be bullish on the $70.42B market cap company. The stock increased 1.53% or $0.2 during the last trading session, reaching $13.27. About 20.55 million shares traded. Vale S.A. (NYSE:VALE) has risen 111.11% since February 14, 2017 and is uptrending. It has outperformed by 94.41% the S&P500.

Fred Cummings increased its stake in Cobiz Financial Inc (COBZ) by 12.55% based on its latest 2017Q3 regulatory filing with the SEC. Elizabeth Park Capital Advisors Ltd bought 68,890 shares as the company’s stock declined 10.16% while stock markets rallied. The hedge fund run by Fred Cummings held 617,958 shares of the major banks company at the end of 2017Q3, valued at $12.14 million, up from 549,068 at the end of the previous reported quarter. Elizabeth Park Capital Advisors Ltd who had been investing in Cobiz Financial Inc for a number of months, seems to be bullish on the $789.17M market cap company. The stock increased 0.69% or $0.13 during the last trading session, reaching $19.08. About 100,418 shares traded. CoBiz Financial Inc. (NASDAQ:COBZ) has risen 31.61% since February 14, 2017 and is uptrending. It has outperformed by 14.91% the S&P500.




Among 7 analysts covering CoBiz Financial Inc (NASDAQ:COBZ), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. CoBiz Financial Inc had 15 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by Keefe Bruyette & Woods given on Friday, July 21. The rating was maintained by Piper Jaffray with “Hold” on Monday, January 29. The stock of CoBiz Financial Inc. (NASDAQ:COBZ) has “Hold” rating given on Monday, July 24 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, October 20. The stock of CoBiz Financial Inc. (NASDAQ:COBZ) earned “Sell” rating by Zacks on Monday, August 17. The firm earned “Outperform” rating on Tuesday, February 16 by RBC Capital Markets. Hovde Group initiated the stock with “Market Perform” rating in Monday, April 25 report. Macquarie Research maintained the shares of COBZ in report on Monday, October 19 with “Outperform” rating. Sandler O’Neill maintained CoBiz Financial Inc. (NASDAQ:COBZ) on Monday, January 29 with “Buy” rating. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods.

Investors sentiment decreased to 1.5 in 2017 Q3. Its down 0.27, from 1.77 in 2017Q2. It is negative, as 6 investors sold COBZ shares while 26 reduced holdings. 14 funds opened positions while 34 raised stakes. 33.18 million shares or 1.10% more from 32.82 million shares in 2017Q2 were reported. Parametric Associates Ltd Liability has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). United Kingdom-based Legal & General Group Plc has invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Dalton Greiner Hartman Maher & reported 72,282 shares. Nationwide Fund Advisors invested in 0% or 21,058 shares. Banc Funds Com Ltd Llc reported 1.44M shares or 1.27% of all its holdings. 50,591 were reported by Citadel Limited Company. California Public Employees Retirement stated it has 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Ubs Asset Management Americas reported 10,397 shares or 0% of all its holdings. Bankshares Of Ny Mellon Corporation invested 0% in CoBiz Financial Inc. (NASDAQ:COBZ). Blackrock stated it has 2.61M shares or 0% of all its holdings. Alliancebernstein LP invested 0% of its portfolio in CoBiz Financial Inc. (NASDAQ:COBZ). Wellington Gru Limited Liability Partnership holds 0.01% or 2.71M shares. First Tru Advsrs Limited Partnership owns 83,037 shares. Northern Tru Corporation holds 496,180 shares or 0% of its portfolio. Morgan Stanley, a New York-based fund reported 68,772 shares.

Since October 23, 2017, it had 0 buys, and 7 sales for $944,926 activity. Huss Christopher S had sold 5,000 shares worth $104,250 on Monday, October 23. Shares for $49,012 were sold by ANDRICH LYNE B on Friday, October 27. $207,683 worth of CoBiz Financial Inc. (NASDAQ:COBZ) was sold by DALTON RICHARD J. 17,176 CoBiz Financial Inc. (NASDAQ:COBZ) shares with value of $358,978 were sold by OSTERTAG ROBERT. $110,598 worth of CoBiz Financial Inc. (NASDAQ:COBZ) was sold by Page Scott. BANGERT STEVEN also sold $104,000 worth of CoBiz Financial Inc. (NASDAQ:COBZ) on Wednesday, October 25.

Elizabeth Park Capital Advisors Ltd, which manages about $166.10 million and $257.67 million US Long portfolio, decreased its stake in Zions Bancorporation (NASDAQ:ZION) by 12,000 shares to 258,852 shares, valued at $12.21M in 2017Q3, according to the filing. It also reduced its holding in Suntrust Bks Inc (NYSE:STI) by 23,000 shares in the quarter, leaving it with 206,135 shares, and cut its stake in Farmers Natl Banc Corp (NASDAQ:FMNB).

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