Hmi Capital Has Cut Nice LTD (NICE) Holding as Market Valuation Rose; As Universal Display (OLED) Shares Declined, General American Investors Company Boosted Position

June 8, 2018 - By Marguerite Chambers

Universal Display Corporation (NASDAQ:OLED) Logo

General American Investors Company Inc increased its stake in Universal Display Corporation (OLED) by 16.49% based on its latest 2018Q1 regulatory filing with the SEC. General American Investors Company Inc bought 20,000 shares as the company’s stock declined 24.26% with the market. The institutional investor held 141,309 shares of the electrical products company at the end of 2018Q1, valued at $14.27M, up from 121,309 at the end of the previous reported quarter. General American Investors Company Inc who had been investing in Universal Display Corporation for a number of months, seems to be bullish on the $4.55 billion market cap company. The stock decreased 1.68% or $1.65 during the last trading session, reaching $96.6. About 817,574 shares traded. Universal Display Corporation (NASDAQ:OLED) has declined 13.16% since June 8, 2017 and is downtrending. It has underperformed by 25.73% the S&P500. Some Historical OLED News: 29/05/2018 – Acacia Research’s activists confident as ISS decision nears –; 03/05/2018 – UNIVERSAL DISPLAY 1Q EPS 13C, EST. 13C; 29/05/2018 – ♫ Reuters Insider – iPhones to go OLED in 2019; 15/05/2018 – Wellington Adds Aptiv, Exits Universal Display, Cuts Apple: 13F; 19/03/2018 – OLED: Universal Display, other Apple suppliers fall as company t; 17/05/2018 – Universal Display Corporation to Showcase Phosphorescent OLEDs and Organic Vapor Jet Printing at SID Display Week 2018; 02/05/2018 – Wells Capital Management Inc. Exits Universal Display; 07/03/2018 – Universal Display Corporation Achieves ISO 14001:2015 Certification; 22/05/2018 – Universal Display at Goldman Sachs TechNet Conference Tomorrow; 14/05/2018 – DSAM Partners Adds Goldman Sachs, Exits Universal Display: 13F




Mick Hellman decreased its stake in Nice Ltd (NICE) by 23.79% based on its latest 2018Q1 regulatory filing with the SEC. Hmi Capital Llc sold 204,760 shares as the company’s stock rose 11.00% while stock markets declined. The hedge fund run by Mick Hellman held 655,802 shares of the computer manufacturing company at the end of 2018Q1, valued at $61.60 million, down from 860,562 at the end of the previous reported quarter. Hmi Capital Llc who had been investing in Nice Ltd for a number of months, seems to be less bullish one the $6.52 billion market cap company. The stock decreased 0.16% or $0.17 during the last trading session, reaching $106.92. About 301,232 shares traded or 54.81% up from the average. NICE Ltd. (NASDAQ:NICE) has risen 38.47% since June 8, 2017 and is uptrending. It has outperformed by 25.90% the S&P500. Some Historical NICE News: 10/04/2018 – NICE inContact CXone Expands Artificial Intelligence Apps with Speech-Enabled Virtual Assistants and Al Chatbots from Omilia; 21/03/2018 – NICE Actimize Introduces ACTone – The Market’s First AI-Enabled Financial Crime Investigation Management Platform; 16/05/2018 – NICE inContact CXone With RiverStar Improves Compliance and Reduces Training Costs and Errors for Appriss Safety; 11/05/2018 – Cramer also sits down with the CEOs of Nice Systems and Prologis; 17/05/2018 – NICE Actimize Named “Best Financial Crime Prevention Technology” Category Winner in FTF News 2018 Technology Innovation Awards; 23/05/2018 – NICE EMEA Interactions 2018 to Present Breakthrough Insights on Smart Interactions in the Cloud Over Two Day Event; 11/04/2018 – Nice Ltd Closes Above 50-Day Moving Average: Technicals; 07/03/2018 – NICE inContact CXone Selected by Govolution, a Leader in ePayment Solutions, to Power Self-Service and Agent-Assisted Service; 30/05/2018 – NICE Actimize’s ‘; 26/04/2018 – NICE LTD – ACQUISITION IS EXPECTED TO BE NON-DILUTIVE TO NON-GAAP EARNINGS IN 2018

Among 14 analysts covering NICE Systems (NASDAQ:NICE), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. NICE Systems had 30 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, January 18 by Jefferies. RBC Capital Markets maintained NICE Ltd. (NASDAQ:NICE) rating on Monday, October 30. RBC Capital Markets has “Hold” rating and $80.0 target. The stock of NICE Ltd. (NASDAQ:NICE) has “Buy” rating given on Wednesday, June 22 by Chardan Capital Markets. The rating was maintained by Chardan Capital Markets on Wednesday, February 21 with “Hold”. The stock has “Hold” rating by RBC Capital Markets on Friday, February 16. The stock has “Buy” rating by Oppenheimer on Thursday, August 3. Jefferies maintained NICE Ltd. (NASDAQ:NICE) on Friday, November 3 with “Hold” rating. The rating was downgraded by Chardan Capital Markets to “Neutral” on Monday, November 6. The firm earned “Hold” rating on Sunday, September 24 by RBC Capital Markets. The firm has “Neutral” rating given on Friday, May 27 by UBS.

Hmi Capital Llc, which manages about $266.04 million and $690.79 million US Long portfolio, upped its stake in Ellie Mae Inc (NYSE:ELLI) by 227,221 shares to 462,221 shares, valued at $42.50M in 2018Q1, according to the filing.

Analysts await NICE Ltd. (NASDAQ:NICE) to report earnings on August, 2. They expect $0.57 earnings per share, up 72.73% or $0.24 from last year’s $0.33 per share. NICE’s profit will be $34.76M for 46.89 P/E if the $0.57 EPS becomes a reality. After $0.37 actual earnings per share reported by NICE Ltd. for the previous quarter, Wall Street now forecasts 54.05% EPS growth.

More notable recent NICE Ltd. (NASDAQ:NICE) news were published by: Globes.Co.Il which released: “Tue: NICE continues to climb as TASE gains” on May 15, 2018, also Nasdaq.com with their article: “Detailed Research: Economic Perspectives on Central European Media Enterprises, Valeant Pharmaceuticals …” published on June 05, 2018, Globes.Co.Il published: “NICE Systems worth over $6b for first time” on May 14, 2018. More interesting news about NICE Ltd. (NASDAQ:NICE) were released by: Businesswire.com and their article: “NICE Extends Tender Offer for all Outstanding Shares of Mattersight Corporation” published on June 08, 2018 as well as Globes.Co.Il‘s news article titled: “Sun: Mizrahi Tefahot leads market higher” with publication date: June 03, 2018.

General American Investors Company Inc, which manages about $1.05 billion US Long portfolio, decreased its stake in Lumentum Holdings Inc. by 20,000 shares to 130,000 shares, valued at $8.29M in 2018Q1, according to the filing. It also reduced its holding in Charter Communications Inc. by 9,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in American Express Company (NYSE:AXP).

Investors sentiment decreased to 0.99 in 2018 Q1. Its down 0.20, from 1.19 in 2017Q4. It fall, as 81 investors sold OLED shares while 77 reduced holdings. 66 funds opened positions while 91 raised stakes. 29.55 million shares or 3.95% more from 28.43 million shares in 2017Q4 were reported. 517 were accumulated by Johnson Fincl Gp Incorporated. Asset Mgmt Inc has invested 0.01% in Universal Display Corporation (NASDAQ:OLED). Gideon Cap Advsrs holds 0.15% or 2,441 shares. Bryn Mawr holds 0.04% or 6,600 shares in its portfolio. Systematic Financial Management LP holds 113,922 shares. Cambridge Invest Research reported 0% in Universal Display Corporation (NASDAQ:OLED). Metropolitan Life Insurance Com New York has invested 0% in Universal Display Corporation (NASDAQ:OLED). Federated Investors Pa reported 0% stake. Qci Asset Management Inc holds 0.78% or 72,562 shares in its portfolio. Great West Life Assurance Can has 0% invested in Universal Display Corporation (NASDAQ:OLED) for 12,392 shares. Cubist Systematic Strategies Limited Liability Com, a Connecticut-based fund reported 14,592 shares. Eaton Vance Mngmt holds 0% of its portfolio in Universal Display Corporation (NASDAQ:OLED) for 18,233 shares. American Group Incorporated accumulated 949 shares or 0% of the stock. 166,113 were accumulated by Invesco Limited. Taylor Frigon Mngmt Ltd Llc has invested 0% in Universal Display Corporation (NASDAQ:OLED).

More notable recent Universal Display Corporation (NASDAQ:OLED) news were published by: Fool.com which released: “Why Universal Display, Windstream Holdings, and American Woodmark Jumped Today” on May 29, 2018, also Seekingalpha.com with their article: “NAR: Apple drops iPhone parts orders by 20%; supplier stocks dip” published on June 08, 2018, Seekingalpha.com published: “Will Universal Display Trade At $200 Again?” on May 21, 2018. More interesting news about Universal Display Corporation (NASDAQ:OLED) were released by: Fool.com and their article: “Why Coca-Cola Is Selling Boozy Pop” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “Adding Universal Display, Again” with publication date: May 16, 2018.

Among 12 analysts covering Universal Display (NASDAQ:OLED), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Universal Display had 38 analyst reports since August 11, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Buy” rating in Friday, November 3 report. Susquehanna maintained Universal Display Corporation (NASDAQ:OLED) on Friday, January 5 with “Buy” rating. The rating was upgraded by Gabelli on Friday, November 4 to “Buy”. The firm earned “Buy” rating on Monday, April 23 by Susquehanna. The company was downgraded on Tuesday, August 11 by Zacks. Cowen & Co maintained Universal Display Corporation (NASDAQ:OLED) on Friday, August 4 with “Buy” rating. As per Wednesday, December 9, the company rating was maintained by Canaccord Genuity. The firm has “Hold” rating given on Friday, February 24 by Canaccord Genuity. Evercore initiated Universal Display Corporation (NASDAQ:OLED) on Thursday, November 30 with “Buy” rating. The firm earned “Hold” rating on Friday, November 3 by Needham.

Universal Display Corporation (NASDAQ:OLED) Institutional Positions Chart

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