Copart (CPRT) Holding Has Boosted by Ghp Investment Advisors Inc; Piermont Capital Management Decreased Banner (BANR) Stake as Stock Declined

November 15, 2017 - By Adrian Erickson

Piermont Capital Management Llc decreased its stake in Banner Corporation (BANR) by 20.52% based on its latest 2017Q2 regulatory filing with the SEC. Piermont Capital Management Llc sold 12,490 shares as the company’s stock declined 8.96% while stock markets rallied. The institutional investor held 48,390 shares of the major banks company at the end of 2017Q2, valued at $2.74M, down from 60,880 at the end of the previous reported quarter. Piermont Capital Management Llc who had been investing in Banner Corporation for a number of months, seems to be less bullish one the $1.84 billion market cap company. It closed at $55.33 lastly. It is down 23.00% since November 15, 2016 and is uptrending. It has outperformed by 6.30% the S&P500.

Ghp Investment Advisors Inc increased its stake in Copart Inc (CPRT) by 101.72% based on its latest 2017Q2 regulatory filing with the SEC. Ghp Investment Advisors Inc bought 15,360 shares as the company’s stock declined 0.66% while stock markets rallied. The institutional investor held 30,460 shares of the consumer durables company at the end of 2017Q2, valued at $968,000, up from 15,100 at the end of the previous reported quarter. Ghp Investment Advisors Inc who had been investing in Copart Inc for a number of months, seems to be bullish on the $8.29 billion market cap company. It closed at $35.88 lastly. It is down 37.41% since November 15, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.




Piermont Capital Management Llc, which manages about $208.82 million and $349.71M US Long portfolio, upped its stake in Louisiana (NYSE:LPX) by 44,890 shares to 73,380 shares, valued at $1.77M in 2017Q2, according to the filing. It also increased its holding in Silicon Laboratories Inc. (NASDAQ:SLAB) by 6,158 shares in the quarter, for a total of 30,559 shares, and has risen its stake in Cooper (NYSE:CPS).

Among 10 analysts covering Banner Corporation (NASDAQ:BANR), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Banner Corporation had 17 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, September 13, the company rating was initiated by Stephens. Piper Jaffray initiated the shares of BANR in report on Monday, September 28 with “Overweight” rating. The stock of Banner Corporation (NASDAQ:BANR) has “Hold” rating given on Friday, September 1 by Keefe Bruyette & Woods. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 5. PiperJaffray downgraded the stock to “Neutral” rating in Friday, October 27 report. On Thursday, October 26 the stock rating was downgraded by DA Davidson to “Neutral”. Keefe Bruyette & Woods maintained Banner Corporation (NASDAQ:BANR) rating on Friday, July 7. Keefe Bruyette & Woods has “Hold” rating and $5800 target. The rating was reinitiated by FBR Capital on Tuesday, October 11 with “Mkt Perform”. The rating was downgraded by Keefe Bruyette & Woods on Friday, October 23 to “Market Perform”. The stock of Banner Corporation (NASDAQ:BANR) earned “Hold” rating by Piper Jaffray on Thursday, October 26.

Since May 25, 2017, it had 0 insider purchases, and 3 selling transactions for $390,917 activity. On Thursday, May 25 SIRMON GARY sold $183,315 worth of Banner Corporation (NASDAQ:BANR) or 3,333 shares.

More news for Banner Corporation (NASDAQ:BANR) were recently published by: Globenewswire.com, which released: “Banner Corporation to Attend Raymond James US Bank Conference” on August 30, 2017. Globenewswire.com‘s article titled: “Banner Corporation to Attend Piper Jaffray West Coast Bank Symposium” and published on October 25, 2017 is yet another important article.

Investors sentiment increased to 1.74 in 2017 Q2. Its up 0.50, from 1.24 in 2017Q1. It increased, as 8 investors sold BANR shares while 46 reduced holdings. 26 funds opened positions while 68 raised stakes. 28.64 million shares or 0.59% less from 28.81 million shares in 2017Q1 were reported. State Street Corp holds 952,437 shares or 0% of its portfolio. Clarivest Asset Management Ltd Company holds 0.01% or 7,424 shares. Moreover, Envestnet Asset Management Incorporated has 0% invested in Banner Corporation (NASDAQ:BANR). Credit Suisse Ag invested 0% in Banner Corporation (NASDAQ:BANR). Rice Hall James Associates Ltd Co owns 0.74% invested in Banner Corporation (NASDAQ:BANR) for 299,553 shares. 10,551 are owned by Symphony Asset Management Limited Liability Com. Ameriprise Fin Incorporated has 402,799 shares. Pinnacle Limited Liability Company holds 0% or 200 shares in its portfolio. Huntington National Bank reported 35 shares or 0% of all its holdings. Mason Street Limited Liability Corporation holds 0.01% or 6,467 shares in its portfolio. Ny State Common Retirement Fund reported 0.01% of its portfolio in Banner Corporation (NASDAQ:BANR). Dimensional Fund Advsrs Lp reported 1.92M shares stake. Aperio Gp Ltd Liability Corp invested 0% of its portfolio in Banner Corporation (NASDAQ:BANR). Moreover, Basswood Cap Mngmt Limited Liability has 0.14% invested in Banner Corporation (NASDAQ:BANR) for 51,465 shares. Gemmer Asset Lc reported 0% stake.

Analysts await Banner Corporation (NASDAQ:BANR) to report earnings on January, 24. They expect $0.87 EPS, up 22.54% or $0.16 from last year’s $0.71 per share. BANR’s profit will be $28.93 million for 15.90 P/E if the $0.87 EPS becomes a reality. After $0.76 actual EPS reported by Banner Corporation for the previous quarter, Wall Street now forecasts 14.47% EPS growth.

More important recent Copart, Inc. (NASDAQ:CPRT) news were published by: Nasdaq.com which released: “Copart (CPRT) Expands Online Auction Location at Arizona” on November 07, 2017, also Prnewswire.com published article titled: “Copart Announces Expansion of Its Phoenix, Arizona Location”, Prnewswire.com published: “Initiating Research Reports on Auto Dealerships Equities — Copart, AutoNation …” on November 10, 2017. More interesting news about Copart, Inc. (NASDAQ:CPRT) was released by: Prnewswire.com and their article: “Copart Adds Acreage in Memphis, Expands Footprint in the Southeast Region of …” with publication date: October 27, 2017.

Among 9 analysts covering Copart (NASDAQ:CPRT), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Copart had 19 analyst reports since January 15, 2016 according to SRatingsIntel. Jefferies maintained the shares of CPRT in report on Friday, May 26 with “Hold” rating. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Buy” rating by Robert W. Baird on Tuesday, October 31. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Thursday, July 6. Jefferies has “Hold” rating and $3300 target. The firm has “Mkt Perform” rating given on Friday, September 23 by Barrington Research. Jefferies maintained Copart, Inc. (NASDAQ:CPRT) rating on Monday, September 11. Jefferies has “Hold” rating and $33.0 target. CL King upgraded Copart, Inc. (NASDAQ:CPRT) on Thursday, February 25 to “Neutral” rating. On Thursday, September 22 the stock rating was maintained by Jefferies with “Hold”. The firm has “Hold” rating given on Friday, May 27 by Jefferies. Jefferies maintained the shares of CPRT in report on Wednesday, August 9 with “Hold” rating. The stock has “Neutral” rating by Susquehanna on Friday, August 26.

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