Ci Investments Decreased By $10.79 Million Its Nxp Semiconductors N V (NXPI) Holding; Mcgrath Rent (MGRC) Sellers Decreased By 5.42% Their Shorts

November 15, 2017 - By Vivian Currie

Mcgrath Rent Corporation (NASDAQ:MGRC) had a decrease of 5.42% in short interest. MGRC’s SI was 228,700 shares in November as released by FINRA. Its down 5.42% from 241,800 shares previously. With 51,800 avg volume, 4 days are for Mcgrath Rent Corporation (NASDAQ:MGRC)’s short sellers to cover MGRC’s short positions. The SI to Mcgrath Rent Corporation’s float is 0.98%. About shares traded. McGrath RentCorp (NASDAQ:MGRC) has risen 25.54% since November 15, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Ci Investments Inc decreased Nxp Semiconductors N V (NXPI) stake by 8.77% reported in 2017Q2 SEC filing. Ci Investments Inc sold 98,997 shares as Nxp Semiconductors N V (NXPI)’s stock rose 5.22%. The Ci Investments Inc holds 1.03M shares with $112.71 million value, down from 1.13 million last quarter. Nxp Semiconductors N V now has $39.74 billion valuation. The stock declined 0.56% or $0.64 reaching $114.86 per share. About 8,837 shares traded. NXP Semiconductors NV (NASDAQ:NXPI) has risen 24.67% since November 15, 2016 and is uptrending. It has outperformed by 7.97% the S&P500.

Analysts await NXP Semiconductors NV (NASDAQ:NXPI) to report earnings on February, 7. They expect $1.61 earnings per share, down 5.85% or $0.10 from last year’s $1.71 per share. NXPI’s profit will be $557.04M for 17.84 P/E if the $1.61 EPS becomes a reality. After $1.27 actual earnings per share reported by NXP Semiconductors NV for the previous quarter, Wall Street now forecasts 26.77% EPS growth.

Ci Investments Inc increased Nike Inc (NYSE:NKE) stake by 261,900 shares to 1.05M valued at $61.76 million in 2017Q2. It also upped Amazon Com Inc (NASDAQ:AMZN) stake by 3,600 shares and now owns 56,595 shares. Kennedy (NYSE:KW) was raised too.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 29% are positive. NXP Semiconductors NV had 60 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Friday, October 28. Jefferies maintained NXP Semiconductors NV (NASDAQ:NXPI) rating on Monday, September 11. Jefferies has “Hold” rating and $110.0 target. Bernstein downgraded NXP Semiconductors NV (NASDAQ:NXPI) on Thursday, October 26 to “Market Perform” rating. The rating was initiated by Nomura on Monday, April 11 with “Buy”. The firm earned “Outperform” rating on Tuesday, April 19 by Raymond James. The firm earned “Sector Weight” rating on Tuesday, November 1 by Pacific Crest. Jefferies maintained it with “Hold” rating and $110.0 target in Wednesday, October 18 report. FBR Capital maintained the shares of NXPI in report on Wednesday, November 18 with “Outperform” rating. The rating was maintained by Drexel Hamilton on Thursday, October 26 with “Hold”. BMO Capital Markets maintained it with “Hold” rating and $110.0 target in Monday, October 16 report.

McGrath RentCorp is a diversified business-to-business rental company. The company has market cap of $1.10 billion. The Firm operates through four business divisions: modular building and portable storage segment ; electronic test equipment segment (TRS-RenTelco); a subsidiary providing containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks), and a subsidiary classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). It has a 24.14 P/E ratio. The Mobile Modular business segment includes Mobile Modular Portable Storage division.

Among 3 analysts covering McGrath RentCorp (NASDAQ:MGRC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The stock of McGrath RentCorp (NASDAQ:MGRC) has “Buy” rating given on Friday, January 8 by Sidoti. As per Thursday, August 3, the company rating was maintained by Oppenheimer. The company was maintained on Wednesday, September 14 by Sidoti. The company was downgraded on Wednesday, November 4 by KeyBanc Capital Markets.

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.