Heritage Investors Management Has Lowered Its Position in Harley Davidson (HOG) by $870,288; Universal Display (OLED) Shareholder Light Street Capital Management Has Cut Its Position by $1.28 Million

February 24, 2018 - By Hazel Jackson

Glen Kacher decreased its stake in Universal Display Corp (OLED) by 4.17% based on its latest 2017Q3 regulatory filing with the SEC. Light Street Capital Management Llc sold 10,000 shares as the company’s stock rose 58.84% with the market. The hedge fund run by Glen Kacher held 230,000 shares of the electrical products company at the end of 2017Q3, valued at $29.64 million, down from 240,000 at the end of the previous reported quarter. Light Street Capital Management Llc who had been investing in Universal Display Corp for a number of months, seems to be less bullish one the $6.13B market cap company. The stock decreased 15.82% or $24.5 during the last trading session, reaching $130.4. About 7.68 million shares traded or 426.03% up from the average. Universal Display Corporation (NASDAQ:OLED) has risen 114.77% since February 24, 2017 and is uptrending. It has outperformed by 98.07% the S&P500.

Heritage Investors Management Corp decreased its stake in Harley Davidson Inc (HOG) by 15.82% based on its latest 2017Q3 regulatory filing with the SEC. Heritage Investors Management Corp sold 18,131 shares as the company’s stock declined 7.57% while stock markets rallied. The institutional investor held 96,476 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.65M, down from 114,607 at the end of the previous reported quarter. Heritage Investors Management Corp who had been investing in Harley Davidson Inc for a number of months, seems to be less bullish one the $7.78B market cap company. The stock decreased 0.13% or $0.06 during the last trading session, reaching $46.61. About 1.13M shares traded. Harley-Davidson, Inc. (NYSE:HOG) has risen 20.11% since February 24, 2017 and is uptrending. It has outperformed by 3.41% the S&P500.




Among 25 analysts covering Harley-Davidson (NYSE:HOG), 6 have Buy rating, 2 Sell and 17 Hold. Therefore 24% are positive. Harley-Davidson had 91 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets downgraded Harley-Davidson, Inc. (NYSE:HOG) on Friday, July 29 to “Underperform” rating. Bernstein downgraded the shares of HOG in report on Wednesday, July 12 to “Market Perform” rating. The stock of Harley-Davidson, Inc. (NYSE:HOG) earned “Neutral” rating by Longbow on Monday, October 12. The firm earned “Market Perform” rating on Wednesday, October 21 by BMO Capital Markets. The firm earned “Neutral” rating on Friday, March 11 by Sterne Agee CRT. The rating was maintained by Stifel Nicolaus on Wednesday, October 19 with “Hold”. As per Tuesday, December 19, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, October 13 report. The firm has “Hold” rating by Wunderlich given on Thursday, January 28. The stock of Harley-Davidson, Inc. (NYSE:HOG) earned “Equal-Weight” rating by Barclays Capital on Monday, November 23.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.16, from 0.91 in 2017Q2. It is negative, as 54 investors sold HOG shares while 151 reduced holdings. 36 funds opened positions while 117 raised stakes. 159.80 million shares or 4.22% more from 153.33 million shares in 2017Q2 were reported. 82,000 were reported by Olstein Capital Management Lp. City has 0.01% invested in Harley-Davidson, Inc. (NYSE:HOG). 275,333 are owned by Citadel Advsrs Llc. Jfs Wealth Advisors Limited Liability Corporation has invested 0% in Harley-Davidson, Inc. (NYSE:HOG). Community State Bank Na holds 0% or 200 shares. Leavell Inc reported 5,500 shares. Nordea Investment Mgmt Ab owns 8,442 shares. Carroll Financial Associates Incorporated holds 0% of its portfolio in Harley-Davidson, Inc. (NYSE:HOG) for 83 shares. Moreover, Guggenheim Cap Llc has 0.1% invested in Harley-Davidson, Inc. (NYSE:HOG). Sumitomo Mitsui Asset Mgmt Comm Limited stated it has 0.01% in Harley-Davidson, Inc. (NYSE:HOG). Chevy Chase has 0.03% invested in Harley-Davidson, Inc. (NYSE:HOG). Commonwealth Savings Bank Of has invested 0.01% in Harley-Davidson, Inc. (NYSE:HOG). Moreover, Fukoku Mutual Life has 0.01% invested in Harley-Davidson, Inc. (NYSE:HOG). Parthenon Limited Liability Co has invested 0.18% in Harley-Davidson, Inc. (NYSE:HOG). Hsbc Holdings Public Limited holds 0.02% or 245,133 shares in its portfolio.

Analysts await Harley-Davidson, Inc. (NYSE:HOG) to report earnings on April, 17. They expect $1.12 EPS, up 6.67% or $0.07 from last year’s $1.05 per share. HOG’s profit will be $186.97 million for 10.40 P/E if the $1.12 EPS becomes a reality. After $0.54 actual EPS reported by Harley-Davidson, Inc. for the previous quarter, Wall Street now forecasts 107.41% EPS growth.

Heritage Investors Management Corp, which manages about $1.74 billion and $1.55 billion US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 2,900 shares to 21,250 shares, valued at $3.10M in 2017Q3, according to the filing. It also increased its holding in Zimmer Biomet Hldgs Inc (ZMH) by 6,510 shares in the quarter, for a total of 117,806 shares, and has risen its stake in At&T Inc (NYSE:T).

Since August 30, 2017, it had 0 buys, and 5 sales for $3.24 million activity. Shares for $143,047 were sold by Jones Paul J. The insider LEVATICH MATTHEW S sold 19,447 shares worth $940,387. On Wednesday, August 30 HUND LAWRENCE G sold $708,309 worth of Harley-Davidson, Inc. (NYSE:HOG) or 15,013 shares. On Thursday, October 19 the insider Olin John A sold $1.38 million.

Among 11 analysts covering Universal Display (NASDAQ:OLED), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Universal Display had 30 analyst reports since August 11, 2015 according to SRatingsIntel. As per Friday, August 4, the company rating was maintained by Cowen & Co. The rating was upgraded by Needham to “Buy” on Tuesday, February 20. The stock of Universal Display Corporation (NASDAQ:OLED) earned “Buy” rating by Cowen & Co on Thursday, September 7. Cowen & Co maintained the shares of OLED in report on Tuesday, February 20 with “Buy” rating. The company was maintained on Friday, November 4 by Canaccord Genuity. As per Wednesday, February 15, the company rating was initiated by Susquehanna. As per Friday, November 3, the company rating was maintained by Needham. The rating was maintained by Oppenheimer on Friday, August 4 with “Hold”. The firm earned “Hold” rating on Friday, May 6 by Gabelli. The firm has “Buy” rating given on Friday, November 4 by Gabelli.

Light Street Capital Management Llc, which manages about $928.09 million and $1.22B US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 25,000 shares to 475,000 shares, valued at $81.16 million in 2017Q3, according to the filing. It also increased its holding in Imax Corp (NYSE:IMAX) by 600,000 shares in the quarter, for a total of 2.00 million shares, and has risen its stake in Priceline Grp Inc (NASDAQ:PCLN).

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.07, from 1.2 in 2017Q2. It is positive, as 31 investors sold OLED shares while 84 reduced holdings. 67 funds opened positions while 79 raised stakes. 29.47 million shares or 1.93% more from 28.92 million shares in 2017Q2 were reported. Voya Invest Mgmt Llc reported 0% in Universal Display Corporation (NASDAQ:OLED). Rockefeller Fin Serv has invested 0% in Universal Display Corporation (NASDAQ:OLED). Morgan Stanley invested 0.01% in Universal Display Corporation (NASDAQ:OLED). Bryn Mawr Tru accumulated 0.05% or 6,300 shares. Whittier Tru has invested 0.04% of its portfolio in Universal Display Corporation (NASDAQ:OLED). Moreover, Systematic Lp has 0.43% invested in Universal Display Corporation (NASDAQ:OLED) for 165,391 shares. Princeton Cap Management holds 83,205 shares or 5.42% of its portfolio. Eqis Capital holds 0.03% of its portfolio in Universal Display Corporation (NASDAQ:OLED) for 3,938 shares. 400 were reported by Hwg L P. Ww Asset reported 1,912 shares or 0.01% of all its holdings. Navellier And Associate holds 0.2% of its portfolio in Universal Display Corporation (NASDAQ:OLED) for 7,935 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 5,588 shares. Tocqueville Asset Management LP has 0.01% invested in Universal Display Corporation (NASDAQ:OLED) for 6,830 shares. Goldman Sachs Group Inc reported 489,145 shares. Jpmorgan Chase & Co stated it has 9,378 shares or 0% of all its holdings.

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