Jfs Wealth Advisors Stake in Pnc Finl Svcs Group (PNC) Trimmed by $993,878 as Stock Value Declined; Emcore (EMKR) Shareholder P-A-W Capital Has Upped Its Holding

February 18, 2018 - By Adrian Erickson

Peter A. Wright increased its stake in Emcore Corp (EMKR) by 56.1% based on its latest 2017Q3 regulatory filing with the SEC. P-A-W Capital Corp bought 115,000 shares as the company’s stock declined 1.97% while stock markets rallied. The hedge fund run by Peter A. Wright held 320,000 shares of the semiconductors company at the end of 2017Q3, valued at $2.62M, up from 205,000 at the end of the previous reported quarter. P-A-W Capital Corp who had been investing in Emcore Corp for a number of months, seems to be bullish on the $152.32 million market cap company. The stock increased 8.74% or $0.45 during the last trading session, reaching $5.6. About 393,193 shares traded or 12.02% up from the average. EMCORE Corporation (NASDAQ:EMKR) has risen 148.03% since February 18, 2017 and is uptrending. It has outperformed by 131.33% the S&P500.

Jfs Wealth Advisors Llc decreased its stake in Pnc Finl Svcs Group Inc (PNC) by 32.59% based on its latest 2017Q3 regulatory filing with the SEC. Jfs Wealth Advisors Llc sold 7,417 shares as the company’s stock declined 6.38% while stock markets rallied. The institutional investor held 15,341 shares of the finance company at the end of 2017Q3, valued at $2.07M, down from 22,758 at the end of the previous reported quarter. Jfs Wealth Advisors Llc who had been investing in Pnc Finl Svcs Group Inc for a number of months, seems to be less bullish one the $75.25 billion market cap company. The stock decreased 0.49% or $0.78 during the last trading session, reaching $159.08. About 2.17 million shares traded or 0.36% up from the average. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since February 18, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.




P-A-W Capital Corp, which manages about $95.38M US Long portfolio, decreased its stake in Virtusa Corp (NASDAQ:VRTU) by 30,000 shares to 50,000 shares, valued at $1.89 million in 2017Q3, according to the filing. It also reduced its holding in Check Point Software Tech Lt (NASDAQ:CHKP) by 4,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Boingo Wireless Inc (NASDAQ:WIFI).

Since October 18, 2017, it had 0 insider buys, and 2 selling transactions for $426,072 activity.

Among 5 analysts covering Emcore (NASDAQ:EMKR), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Emcore had 18 analyst reports since July 28, 2015 according to SRatingsIntel. Dougherty & Company maintained EMCORE Corporation (NASDAQ:EMKR) on Wednesday, February 8 with “Buy” rating. Northland Capital maintained the stock with “Buy” rating in Monday, October 16 report. The rating was downgraded by Northland Capital on Tuesday, December 5 to “Market Perform”. The firm has “Buy” rating by B. Riley & Co given on Friday, February 5. The stock of EMCORE Corporation (NASDAQ:EMKR) earned “Outperform” rating by Northland Capital on Wednesday, December 9. Lake Street maintained the shares of EMKR in report on Wednesday, February 8 with “Buy” rating. The company was initiated on Thursday, October 20 by Dougherty & Company. B. Riley & Co downgraded EMCORE Corporation (NASDAQ:EMKR) on Thursday, June 29 to “Neutral” rating. The company was initiated on Tuesday, March 8 by Lake Street. Northland Capital maintained EMCORE Corporation (NASDAQ:EMKR) rating on Wednesday, February 7. Northland Capital has “Hold” rating and $6.0 target.

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.08, from 1.18 in 2017Q2. It dived, as 17 investors sold EMKR shares while 24 reduced holdings. 15 funds opened positions while 30 raised stakes. 20.30 million shares or 1.74% more from 19.95 million shares in 2017Q2 were reported. Moreover, Argent Capital Mngmt Ltd Com has 0.15% invested in EMCORE Corporation (NASDAQ:EMKR) for 458,575 shares. Jpmorgan Chase & invested 0% in EMCORE Corporation (NASDAQ:EMKR). California Employees Retirement Systems reported 107,266 shares. Hancock Co, Mississippi-based fund reported 20,812 shares. Mufg Americas holds 410 shares. Invesco owns 31,473 shares for 0% of their portfolio. Kempner Cap Mgmt accumulated 15,000 shares. Millrace Asset invested 1.85% of its portfolio in EMCORE Corporation (NASDAQ:EMKR). Manufacturers Life Insur The reported 22,886 shares stake. Rk Capital Management Lc invested in 2.13% or 1.12M shares. Legal General Grp Public Limited Liability Company holds 8,003 shares or 0% of its portfolio. Orca Invest Mngmt Lc reported 2.06% in EMCORE Corporation (NASDAQ:EMKR). Voya Limited Liability Company, a Georgia-based fund reported 10,509 shares. Int Inc reported 0% in EMCORE Corporation (NASDAQ:EMKR). National Bank & Trust Of New York Mellon invested in 186,276 shares or 0% of the stock.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2. It is negative, as 55 investors sold PNC shares while 364 reduced holdings. 75 funds opened positions while 289 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Huntington Bancshares invested in 0.45% or 199,717 shares. State Of Wisconsin Inv Board accumulated 878,966 shares or 0.35% of the stock. Benin stated it has 2.7% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Asset Mgmt has 50,413 shares. 231,479 are held by Zacks Management. Highstreet Asset Mgmt has invested 0.28% in The PNC Financial Services Group, Inc. (NYSE:PNC). 10,228 are held by South State. Guyasuta Invest Advsrs Inc accumulated 3.08% or 189,190 shares. Finemark Bancshares And Trust, Florida-based fund reported 5,528 shares. Fisher Asset Ltd Limited Liability Company reported 25,169 shares. Hightower Advisors Lc stated it has 526,295 shares or 0.61% of all its holdings. Massachusetts-based Fmr Limited Com has invested 0.25% in The PNC Financial Services Group, Inc. (NYSE:PNC). Bnp Paribas Arbitrage holds 417,067 shares or 0.14% of its portfolio. Keybank Association Oh, a Ohio-based fund reported 320,087 shares. Wesbanco Bancorporation owns 82,952 shares for 0.58% of their portfolio.

Among 33 analysts covering PNC Financial Services (NYSE:PNC), 12 have Buy rating, 1 Sell and 20 Hold. Therefore 36% are positive. PNC Financial Services had 98 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, October 9 by Credit Suisse. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Hold” rating given on Friday, July 14 by Oppenheimer. The rating was upgraded by Bruyette & Woods;KBW; KBW” to “Mkt Perform” on Wednesday, September 2. The firm has “Equalweight” rating by Barclays Capital given on Monday, July 18. On Monday, October 23 the stock rating was maintained by Nomura with “Neutral”. The stock has “Hold” rating by Jefferies on Monday, September 26. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) earned “Buy” rating by Robert W. Baird on Friday, September 29. The firm has “Hold” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Tuesday, December 12 by Keefe Bruyette & Woods. On Tuesday, August 11 the stock rating was downgraded by Wood to “Market Perform”.

Jfs Wealth Advisors Llc, which manages about $1.43 billion and $387.06M US Long portfolio, upped its stake in Ishares Tr (PFF) by 8,939 shares to 24,780 shares, valued at $962,000 in 2017Q3, according to the filing. It also increased its holding in Spdr Index Shs Fds (RWO) by 8,198 shares in the quarter, for a total of 239,240 shares, and has risen its stake in Ishares Tr (IWD).

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