Cognex (CGNX) Share Value Declined While Temasek Holdings Private LTD Has Raised by $7.54 Million Its Stake; Palo Capital Has Upped Stake in Verizon Communications (VZ) by $456,924

April 23, 2018 - By reb123z

Verizon Communications Inc. (NYSE:VZ) Logo

Temasek Holdings Private Ltd increased its stake in Cognex Corp (CGNX) by 788.84% based on its latest 2017Q4 regulatory filing with the SEC. Temasek Holdings Private Ltd bought 123,532 shares as the company’s stock declined 13.83% with the market. The institutional investor held 139,192 shares of the industrial machinery and components company at the end of 2017Q4, valued at $8.51M, up from 15,660 at the end of the previous reported quarter. Temasek Holdings Private Ltd who had been investing in Cognex Corp for a number of months, seems to be bullish on the $8.58 billion market cap company. The stock decreased 2.49% or $1.2675 during the last trading session, reaching $49.6325. About 1.94M shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 31.99% since April 23, 2017 and is uptrending. It has outperformed by 20.44% the S&P500.

William Leland Edwards increased its stake in Verizon Communications (VZ) by 8.99% based on its latest 2017Q4 regulatory filing with the SEC. Palo Capital Inc bought 8,787 shares as the company’s stock declined 11.05% with the market. The hedge fund run by William Leland Edwards held 106,497 shares of the telecommunications equipment company at the end of 2017Q4, valued at $5.64M, up from 97,710 at the end of the previous reported quarter. Palo Capital Inc who had been investing in Verizon Communications for a number of months, seems to be bullish on the $200.06B market cap company. The stock increased 1.18% or $0.565 during the last trading session, reaching $48.465. About 7.76M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 23, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

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

Temasek Holdings Private Ltd, which manages about $16.27 billion US Long portfolio, decreased its stake in Bank Amer Corp (NYSE:BAC) by 266,041 shares to 532,082 shares, valued at $15.71M in 2017Q4, according to the filing. It also reduced its holding in Wells Fargo Co New (NYSE:WFC) by 86,788 shares in the quarter, leaving it with 173,576 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

Among 19 analysts covering Cognex Corporation (NASDAQ:CGNX), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 42% are positive. Cognex Corporation had 42 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co maintained Cognex Corporation (NASDAQ:CGNX) rating on Wednesday, August 2. Cowen & Co has “Buy” rating and $13500 target. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Buy” rating by Needham on Tuesday, November 1. As per Wednesday, April 4, the company rating was upgraded by Northcoast. The rating was maintained by Canaccord Genuity with “Hold” on Tuesday, October 31. FBR Capital initiated it with “Market Perform” rating and $42 target in Wednesday, May 11 report. As per Tuesday, April 3, the company rating was upgraded by J.P. Morgan. The firm earned “Neutral” rating on Tuesday, October 31 by Robert W. Baird. On Tuesday, February 13 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Cognex Corporation (NASDAQ:CGNX) has “Outperform” rating given on Tuesday, November 3 by Credit Agricole. The stock of Cognex Corporation (NASDAQ:CGNX) earned “Hold” rating by Canaccord Genuity on Tuesday, August 4.

Investors sentiment increased to 6.53 in Q4 2017. Its up 5.48, from 1.05 in 2017Q3. It improved, as 32 investors sold CGNX shares while 21 reduced holdings. 84 funds opened positions while 262 raised stakes. 268.44 million shares or 268.52% more from 72.84 million shares in 2017Q3 were reported. Whittier Tru has invested 0.1% in Cognex Corporation (NASDAQ:CGNX). Cubist Systematic Strategies Ltd Limited Liability Company holds 0.06% in Cognex Corporation (NASDAQ:CGNX) or 18,981 shares. Principal Gru holds 738,501 shares or 0.04% of its portfolio. Blair William & Co Il owns 36,531 shares. Pennsylvania-based Stevens Management LP has invested 0.04% in Cognex Corporation (NASDAQ:CGNX). Susquehanna International Grp Llp, a Pennsylvania-based fund reported 262,056 shares. Manufacturers Life Insur The holds 0.02% or 296,748 shares. Fjarde Ap invested 0.06% of its portfolio in Cognex Corporation (NASDAQ:CGNX). 31,882 were accumulated by Natixis. Artisan LP stated it has 0.09% of its portfolio in Cognex Corporation (NASDAQ:CGNX). Texas Permanent School Fund holds 0.09% in Cognex Corporation (NASDAQ:CGNX) or 117,060 shares. Dnb Asset As holds 13,700 shares or 0.01% of its portfolio. Ubs Asset Mgmt Americas Inc accumulated 456,021 shares. Cornerstone Advsr stated it has 350 shares. Moreover, Dimensional Fund Advisors LP has 0.02% invested in Cognex Corporation (NASDAQ:CGNX) for 776,001 shares.

Since October 27, 2017, it had 0 buys, and 2 selling transactions for $376,615 activity. $346,957 worth of Verizon Communications Inc. (NYSE:VZ) was sold by Skiadas Anthony T on Tuesday, February 13.

Verizon Communications Inc. (NYSE:VZ) Institutional Positions Chart

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