As Comerica (CMA) Market Value Rose, Holder University Of Texas Investment Managment Co Has Cut Position; Cognex (CGNX) Holder Rudman Errol M Has Raised Its Stake by $915,000

May 25, 2018 - By Winifred Garcia

Cognex Corporation (NASDAQ:CGNX) Logo

Rudman Errol M increased its stake in Cognex Corp (CGNX) by 100% based on its latest 2017Q4 regulatory filing with the SEC. Rudman Errol M bought 15,000 shares as the company’s stock declined 13.83% with the market. The institutional investor held 30,000 shares of the industrial machinery and components company at the end of 2017Q4, valued at $1.84M, up from 15,000 at the end of the previous reported quarter. Rudman Errol M who had been investing in Cognex Corp for a number of months, seems to be bullish on the $8.06 billion market cap company. The stock increased 0.06% or $0.03 during the last trading session, reaching $46.6. About 932,959 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 31.99% since May 25, 2017 and is uptrending. It has outperformed by 20.44% the S&P500.




University Of Texas Investment Managment Co decreased its stake in Comerica Inc. (CMA) by 94.24% based on its latest 2017Q4 regulatory filing with the SEC. University Of Texas Investment Managment Co sold 4,250 shares as the company’s stock rose 7.62% while stock markets declined. The institutional investor held 260 shares of the major banks company at the end of 2017Q4, valued at $23,000, down from 4,510 at the end of the previous reported quarter. University Of Texas Investment Managment Co who had been investing in Comerica Inc. for a number of months, seems to be less bullish one the $17.02 billion market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $99. About 962,935 shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.51% since May 25, 2017 and is uptrending. It has outperformed by 29.96% the S&P500.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.06, from 1.06 in 2017Q3. It worsened, as 38 investors sold CMA shares while 167 reduced holdings. 69 funds opened positions while 135 raised stakes. 139.03 million shares or 0.55% less from 139.79 million shares in 2017Q3 were reported. Blackrock reported 11.88M shares. Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma stated it has 0% in Comerica Incorporated (NYSE:CMA). Nuwave Mngmt Ltd Limited Liability Company has 0% invested in Comerica Incorporated (NYSE:CMA). 15,556 are owned by Commonwealth Of Pennsylvania Pub School Empls Retrmt System. Westpac Banking, a Australia-based fund reported 10,112 shares. Alps Advsrs invested in 7,657 shares. Oakbrook Invs Limited accumulated 11,450 shares. Gemmer Asset Ltd Liability holds 0.03% or 1,140 shares in its portfolio. Everence Capital reported 4,494 shares stake. Alpine Woods Invsts Lc reported 20,962 shares. Retirement Systems Of Alabama holds 84,283 shares. Pictet Asset Mgmt reported 98,363 shares stake. Baystate Wealth Mgmt Ltd Liability Corporation accumulated 1,231 shares. Invesco Limited invested 0.14% in Comerica Incorporated (NYSE:CMA). Neuberger Berman Gp Ltd stated it has 2.72 million shares or 0.27% of all its holdings.

Analysts await Comerica Incorporated (NYSE:CMA) to report earnings on July, 17. They expect $1.66 EPS, up 44.35% or $0.51 from last year’s $1.15 per share. CMA’s profit will be $285.40 million for 14.91 P/E if the $1.66 EPS becomes a reality. After $1.54 actual EPS reported by Comerica Incorporated for the previous quarter, Wall Street now forecasts 7.79% EPS growth.

Since January 18, 2018, it had 0 buys, and 15 insider sales for $33.62 million activity. 2,571 Comerica Incorporated (NYSE:CMA) shares with value of $243,919 were sold by Buchanan John D. Guilfoile Peter William sold $108,533 worth of Comerica Incorporated (NYSE:CMA) on Tuesday, May 15. RITCHIE MICHAEL T also sold $397,808 worth of Comerica Incorporated (NYSE:CMA) on Monday, February 26. Another trade for 2,321 shares valued at $230,560 was sold by Carr Muneera S. On Tuesday, February 27 Burkhart Megan D sold $463,258 worth of Comerica Incorporated (NYSE:CMA) or 4,670 shares. Duprey David E also sold $1.08M worth of Comerica Incorporated (NYSE:CMA) on Saturday, January 27.

Among 34 analysts covering Comerica Inc (NYSE:CMA), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. Comerica Inc had 144 analyst reports since July 20, 2015 according to SRatingsIntel. Zacks downgraded Comerica Incorporated (NYSE:CMA) on Wednesday, August 26 to “Hold” rating. RBC Capital Markets maintained Comerica Incorporated (NYSE:CMA) on Tuesday, October 17 with “Buy” rating. Nomura maintained Comerica Incorporated (NYSE:CMA) rating on Monday, October 23. Nomura has “Neutral” rating and $86 target. As per Thursday, November 10, the company rating was downgraded by Robert W. Baird. PiperJaffray upgraded Comerica Incorporated (NYSE:CMA) on Tuesday, September 12 to “Overweight” rating. Deutsche Bank maintained it with “Hold” rating and $82 target in Wednesday, November 8 report. RBC Capital Markets maintained the shares of CMA in report on Wednesday, January 20 with “Outperform” rating. FBR Capital maintained Comerica Incorporated (NYSE:CMA) on Wednesday, July 20 with “Outperform” rating. The firm has “Outperformer” rating given on Monday, March 14 by CLSA. The stock of Comerica Incorporated (NYSE:CMA) has “Neutral” rating given on Tuesday, October 6 by JP Morgan.

Rudman Errol M, which manages about $206.21M US Long portfolio, decreased its stake in United Contl Hldgs Inc (NYSE:UAL) by 16,717 shares to 284,483 shares, valued at $19.17M in 2017Q4, according to the filing.

Since March 12, 2018, it had 0 insider buys, and 1 insider sale for $564,892 activity.

More news for Cognex Corporation (NASDAQ:CGNX) were recently published by: Seekingalpha.com, which released: “Will Cognex Stock Keep Falling?” on May 09, 2018. Streetinsider.com‘s article titled: “Pre-Open Movers 05/01: (INGN) (KPTI) (NTRI) Higher; (IVAC) (CGNX) (KLXI) Lower (more…)” and published on May 01, 2018 is yet another important article.

Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 9 have Buy rating, 3 Sell and 7 Hold. Therefore 47% are positive. Cognex Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, August 2, the company rating was maintained by Cowen & Co. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, November 3. The company was maintained on Tuesday, October 31 by Canaccord Genuity. Canaccord Genuity maintained the stock with “Hold” rating in Thursday, February 15 report. The stock has “Outperform” rating by Raymond James on Friday, January 22. The firm has “Market Perform” rating given on Friday, March 11 by Raymond James. Bernstein initiated it with “Market Perform” rating and $40.10 target in Monday, June 6 report. The firm earned “Outperform” rating on Monday, November 7 by CLSA. The firm earned “Underperform” rating on Thursday, March 24 by CSLA. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Buy” rating by Cowen & Co on Friday, September 8.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: