As Orbotech LTD (ORBK) Share Price Rose, Holder Neumeier Poma Investment Counsel Increased Its Stake; Prudential Finl (PRU) Shareholder Gabalex Capital Management Has Increased Its Holding

February 17, 2018 - By Kurt Siggers

Neumeier Poma Investment Counsel Llc increased its stake in Orbotech Ltd. (ORBK) by 20.24% based on its latest 2017Q3 regulatory filing with the SEC. Neumeier Poma Investment Counsel Llc bought 139,035 shares as the company’s stock rose 18.15% with the market. The institutional investor held 826,005 shares of the industrial machinery and components company at the end of 2017Q3, valued at $34.87 million, up from 686,970 at the end of the previous reported quarter. Neumeier Poma Investment Counsel Llc who had been investing in Orbotech Ltd. for a number of months, seems to be bullish on the $2.56B market cap company. The stock increased 0.94% or $0.5 during the last trading session, reaching $53.43. About 371,599 shares traded. Orbotech Ltd. (NASDAQ:ORBK) has risen 49.39% since February 17, 2017 and is uptrending. It has outperformed by 32.69% the S&P500.

Gabalex Capital Management Llc increased its stake in Prudential Finl Inc (PRU) by 9.09% based on its latest 2017Q3 regulatory filing with the SEC. Gabalex Capital Management Llc bought 15,000 shares as the company’s stock declined 6.41% while stock markets rallied. The hedge fund held 180,000 shares of the finance company at the end of 2017Q3, valued at $19.14M, up from 165,000 at the end of the previous reported quarter. Gabalex Capital Management Llc who had been investing in Prudential Finl Inc for a number of months, seems to be bullish on the $46.48 billion market cap company. The stock decreased 0.27% or $0.3 during the last trading session, reaching $109.43. About 2.52 million shares traded or 25.64% up from the average. Prudential Financial, Inc. (NYSE:PRU) has risen 33.66% since February 17, 2017 and is uptrending. It has outperformed by 16.96% the S&P500.




Among 10 analysts covering Orbotech (NASDAQ:ORBK), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Orbotech had 23 analyst reports since September 8, 2015 according to SRatingsIntel. The company was initiated on Monday, December 21 by JP Morgan. The rating was maintained by Jefferies on Monday, February 12 with “Buy”. The firm has “Outperform” rating by Oppenheimer given on Wednesday, December 2. The rating was maintained by Oppenheimer with “Buy” on Wednesday, November 1. Oppenheimer maintained the stock with “Buy” rating in Thursday, August 3 report. The firm earned “Buy” rating on Monday, January 22 by Lake Street. The firm has “Buy” rating by Jefferies given on Monday, September 11. Oppenheimer maintained the stock with “Buy” rating in Thursday, February 15 report. The stock of Orbotech Ltd. (NASDAQ:ORBK) earned “Hold” rating by Standpoint Research on Monday, May 22. The firm earned “Overweight” rating on Thursday, November 2 by Barclays Capital.

Neumeier Poma Investment Counsel Llc, which manages about $475.08M and $956.70M US Long portfolio, decreased its stake in Coherent Inc. (NASDAQ:COHR) by 35,055 shares to 71,015 shares, valued at $16.70M in 2017Q3, according to the filing. It also reduced its holding in Supernus Pharmaceuticals Inc. (NASDAQ:SUPN) by 169,320 shares in the quarter, leaving it with 721,420 shares, and cut its stake in Lgi Homes Inc. (NASDAQ:LGIH).

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