Equitec Proprietary Markets Lowered Its Nxp Semiconductors N V (Call) (NXPI) Stake by $3.29 Million; Stieven Capital Advisors LP Continues to Hold Stake in Investar Hldg (ISTR)

February 24, 2018 - By Peter Erickson

Stieven Capital Advisors Lp increased its stake in Investar Hldg Corp (ISTR) by 12.7% based on its latest 2017Q3 regulatory filing with the SEC. Stieven Capital Advisors Lp bought 15,035 shares as the company’s stock rose 11.14% with the market. The hedge fund held 133,435 shares of the major banks company at the end of 2017Q3, valued at $3.22M, up from 118,400 at the end of the previous reported quarter. Stieven Capital Advisors Lp who had been investing in Investar Hldg Corp for a number of months, seems to be bullish on the $230.74 million market cap company. The stock decreased 1.22% or $0.3 during the last trading session, reaching $24.25. About 11,844 shares traded. Investar Holding Corporation (NASDAQ:ISTR) has risen 48.68% since February 24, 2017 and is uptrending. It has outperformed by 31.98% the S&P500.

Equitec Proprietary Markets Llc decreased its stake in Nxp Semiconductors N V (Call) (NXPI) by 57.4% based on its latest 2017Q3 regulatory filing with the SEC. Equitec Proprietary Markets Llc sold 29,100 shares as the company’s stock rose 5.22% with the market. The institutional investor held 21,600 shares of the semiconductors company at the end of 2017Q3, valued at $2.44 million, down from 50,700 at the end of the previous reported quarter. Equitec Proprietary Markets Llc who had been investing in Nxp Semiconductors N V (Call) for a number of months, seems to be less bullish one the $43.11 billion market cap company. The stock decreased 0.21% or $0.27 during the last trading session, reaching $125.44. About 5.23 million shares traded or 49.72% up from the average. NXP Semiconductors N.V. (NASDAQ:NXPI) has risen 24.67% since February 24, 2017 and is uptrending. It has outperformed by 7.97% the S&P500.




Stieven Capital Advisors Lp, which manages about $284.20 million and $527.25M US Long portfolio, decreased its stake in Carolina Finl Corp New (NASDAQ:CARO) by 9,421 shares to 204,009 shares, valued at $7.32M in 2017Q3, according to the filing. It also reduced its holding in Bofi Hldg Inc (NASDAQ:BOFI) by 117,800 shares in the quarter, leaving it with 560,802 shares, and cut its stake in Preferred Bk Los Angeles Ca (NASDAQ:PFBC).

Among 4 analysts covering Investar (NASDAQ:ISTR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Investar had 5 analyst reports since August 26, 2016 according to SRatingsIntel. The stock of Investar Holding Corporation (NASDAQ:ISTR) earned “Buy” rating by Piper Jaffray on Thursday, July 27. The firm has “Market Perform” rating given on Thursday, August 10 by Raymond James. The rating was initiated by Raymond James with “Outperform” on Friday, August 26. PiperJaffray reinitiated Investar Holding Corporation (NASDAQ:ISTR) rating on Thursday, October 5. PiperJaffray has “Overweight” rating and $26 target. The firm has “Buy” rating by Sandler O’Neill given on Monday, January 29.

Analysts await NXP Semiconductors N.V. (NASDAQ:NXPI) to report earnings on May, 2. They expect $1.44 earnings per share, down 11.11% or $0.18 from last year’s $1.62 per share. NXPI’s profit will be $494.85M for 21.78 P/E if the $1.44 EPS becomes a reality. After $3.06 actual earnings per share reported by NXP Semiconductors N.V. for the previous quarter, Wall Street now forecasts -52.94% negative EPS growth.

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