Ironwood Investment Management Lowered Its Shoretel (SHOR) Position by $854,063; Capital Investment Counsel Holding in Exxon Mobil (XOM) Has Cut by $367,011 as Market Value Rose

February 24, 2018 - By Marie Mckinney

Ironwood Investment Management Llc decreased its stake in Shoretel (SHOR) by 85.66% based on its latest 2017Q3 regulatory filing with the SEC. Ironwood Investment Management Llc sold 122,009 shares as the company’s stock declined 11.68% while stock markets rallied. The institutional investor held 20,420 shares of the public utilities company at the end of 2017Q3, valued at $152,000, down from 142,429 at the end of the previous reported quarter. Ironwood Investment Management Llc who had been investing in Shoretel for a number of months, seems to be less bullish one the $ market cap company. It closed at $7.5 lastly. It is up 1.14% since February 24, 2017 and is downtrending. It has underperformed by 17.84% the S&P500.

Capital Investment Counsel Inc decreased its stake in Exxon Mobil Corp (XOM) by 3.01% based on its latest 2017Q3 regulatory filing with the SEC. Capital Investment Counsel Inc sold 4,531 shares as the company’s stock rose 0.21% with the market. The institutional investor held 146,150 shares of the integrated oil company at the end of 2017Q3, valued at $11.98 million, down from 150,681 at the end of the previous reported quarter. Capital Investment Counsel Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $328.65B market cap company. The stock increased 2.20% or $1.67 during the last trading session, reaching $77.53. About 13.38 million shares traded or 0.46% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 24, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.




Among 5 analysts covering Shoretel Inc. (NASDAQ:SHOR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Shoretel Inc. had 14 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of ShoreTel, Inc. (NASDAQ:SHOR) earned “Buy” rating by Canaccord Genuity on Wednesday, August 12. William Blair downgraded ShoreTel, Inc. (NASDAQ:SHOR) on Thursday, July 27 to “Hold” rating. The rating was downgraded by Lake Street on Monday, July 31 to “Hold”. Lake Street maintained ShoreTel, Inc. (NASDAQ:SHOR) on Friday, November 13 with “Buy” rating. Canaccord Genuity initiated the stock with “Buy” rating in Monday, August 10 report. Northland Capital maintained ShoreTel, Inc. (NASDAQ:SHOR) rating on Monday, September 11. Northland Capital has “Hold” rating and $7.5 target. Northland Capital maintained the stock with “Buy” rating in Monday, July 3 report. The rating was upgraded by TheStreet to “Hold” on Saturday, August 29. The stock of ShoreTel, Inc. (NASDAQ:SHOR) has “Hold” rating given on Friday, July 28 by Northland Capital.

Ironwood Investment Management Llc, which manages about $850.00 million and $142.32 million US Long portfolio, upped its stake in Universal Forest Product (NASDAQ:UFPI) by 3,417 shares to 7,557 shares, valued at $742,000 in 2017Q3, according to the filing.

Investors sentiment decreased to 0 in Q3 2017. Its down 1.15, from 1.15 in 2017Q2. It is negative, as 111 investors sold SHOR shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 25,485 shares or 99.95% less from 56.39 million shares in 2017Q2 were reported. Ironwood Management Ltd Limited Liability Company owns 20,420 shares. Ameritas Investment Partners reported 0% of its portfolio in ShoreTel, Inc. (NASDAQ:SHOR).

Investors sentiment is 0.85 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Fulton Bancshares Na holds 0.73% or 119,040 shares. Pillar Pacific Ltd Liability stated it has 66,320 shares. 13,220 were accumulated by Horizon Limited Company. Raymond James Na accumulated 287,407 shares. Alphamark Ltd Co owns 0.09% invested in Exxon Mobil Corporation (NYSE:XOM) for 2,605 shares. 7,317 were reported by Confluence Wealth Mngmt Ltd Company. Wheatland Advsrs has 0.57% invested in Exxon Mobil Corporation (NYSE:XOM). Bedell Frazier Inv Counseling Ltd Liability Company has invested 2.77% in Exxon Mobil Corporation (NYSE:XOM). Bryn Mawr stated it has 1.72% in Exxon Mobil Corporation (NYSE:XOM). Old Mutual Customised Solutions (Proprietary) Ltd has 107,774 shares. Deltec Asset Mgmt Llc reported 4,660 shares stake. Citadel Advsr Ltd reported 118,394 shares. Washington Tru reported 359,242 shares. Argent Tru Comm holds 55,377 shares or 1.79% of its portfolio. 9,600 are owned by Goodwin Daniel L.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Monday, December 11 with “Hold”. Barclays Capital upgraded the stock to “Overweight” rating in Tuesday, July 11 report. The rating was maintained by Jefferies on Thursday, July 27 with “Hold”. The rating was maintained by Jefferies with “Hold” on Wednesday, December 20. On Wednesday, August 12 the stock rating was downgraded by Vetr to “Strong-Buy”. The firm has “Neutral” rating by UBS given on Monday, May 2. The firm has “Hold” rating given on Wednesday, August 19 by Citigroup. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Monday, June 26 by BMO Capital Markets. Piper Jaffray maintained the shares of XOM in report on Tuesday, November 21 with “Hold” rating. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, January 24.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.21 EPS, up 27.37% or $0.26 from last year’s $0.95 per share. XOM’s profit will be $5.13B for 16.02 P/E if the $1.21 EPS becomes a reality. After $0.88 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

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