Microchip Technology (MCHP) Shareholder Catalyst Capital Advisors Has Raised Its Holding by $1.74 Million as Share Value Rose; Chicos Fas (CHS) Valuation Rose While Smith Graham & Co Investment Advisors LP Raised Holding

May 18, 2018 - By Nellie Frank

Microchip Technology Incorporated (NASDAQ:MCHP) Logo

Catalyst Capital Advisors Llc increased its stake in Microchip Technology Inc (MCHP) by 11.76% based on its latest 2017Q4 regulatory filing with the SEC. Catalyst Capital Advisors Llc bought 20,000 shares as the company’s stock rose 6.16% while stock markets declined. The institutional investor held 190,000 shares of the semiconductors company at the end of 2017Q4, valued at $16.70M, up from 170,000 at the end of the previous reported quarter. Catalyst Capital Advisors Llc who had been investing in Microchip Technology Inc for a number of months, seems to be bullish on the $21.62B market cap company. The stock decreased 0.79% or $0.74 during the last trading session, reaching $92.27. About 232,092 shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 29.63% since May 18, 2017 and is uptrending. It has outperformed by 18.08% the S&P500.




Smith Graham & Co Investment Advisors Lp increased its stake in Chicos Fas Inc (CHS) by 41.62% based on its latest 2017Q4 regulatory filing with the SEC. Smith Graham & Co Investment Advisors Lp bought 217,486 shares as the company’s stock rose 2.62% while stock markets declined. The institutional investor held 740,000 shares of the consumer services company at the end of 2017Q4, valued at $6.53 million, up from 522,514 at the end of the previous reported quarter. Smith Graham & Co Investment Advisors Lp who had been investing in Chicos Fas Inc for a number of months, seems to be bullish on the $1.36B market cap company. The stock decreased 1.31% or $0.14 during the last trading session, reaching $10.51. About 187,162 shares traded. Chico's FAS, Inc. (NYSE:CHS) has declined 35.50% since May 18, 2017 and is downtrending. It has underperformed by 47.05% the S&P500.

Another recent and important Chico's FAS, Inc. (NYSE:CHS) news was published by Seekingalpha.com which published an article titled: “Macy’s steps in as mall hero” on May 16, 2018.

Among 18 analysts covering Chico’s FAS (NYSE:CHS), 6 have Buy rating, 1 Sell and 11 Hold. Therefore 33% are positive. Chico’s FAS had 61 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 30 by KeyBanc Capital Markets. The rating was initiated by Citigroup with “Neutral” on Wednesday, October 7. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, August 16. RBC Capital Markets maintained it with “Buy” rating and $1200 target in Thursday, July 6 report. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 25. The stock has “Hold” rating by Deutsche Bank on Wednesday, November 23. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, March 1 report. As per Wednesday, November 25, the company rating was maintained by Brean Capital. The firm has “Neutral” rating given on Friday, May 27 by Citigroup. Jefferies downgraded Chico's FAS, Inc. (NYSE:CHS) on Monday, January 4 to “Hold” rating.

Smith Graham & Co Investment Advisors Lp, which manages about $5.56 billion and $1.06B US Long portfolio, decreased its stake in La (NYSE:LZB) by 21,140 shares to 331,562 shares, valued at $10.35M in 2017Q4, according to the filing. It also reduced its holding in Ferro Corporation (NYSE:FOE) by 23,639 shares in the quarter, leaving it with 438,543 shares, and cut its stake in Green Dot Corp (NYSE:GDOT).

Investors sentiment increased to 1.24 in Q4 2017. Its up 0.21, from 1.03 in 2017Q3. It improved, as 18 investors sold CHS shares while 68 reduced holdings. 43 funds opened positions while 64 raised stakes. 121.29 million shares or 4.50% less from 127.00 million shares in 2017Q3 were reported. Prudential Financial reported 0.01% stake. Gradient Limited Liability accumulated 48 shares or 0% of the stock. 102,187 are held by Amer Intll Grp Inc. State Board Of Administration Of Florida Retirement Systems owns 110,905 shares or 0% of their US portfolio. Georgia-based Voya Inv Mngmt Limited Co has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Reilly Finance Advsrs Ltd Company has 100 shares for 0% of their portfolio. Benjamin F Edwards And holds 1,600 shares. Moreover, Glenmede Company Na has 0% invested in Chico's FAS, Inc. (NYSE:CHS) for 400 shares. Qs Investors Limited Liability Corp reported 8,067 shares. Atlantic Trust Grp Ltd Liability Company has invested 0% in Chico's FAS, Inc. (NYSE:CHS). Texas Permanent School Fund holds 86,392 shares. Gotham Asset Management Ltd Limited Liability Company reported 0.1% of its portfolio in Chico's FAS, Inc. (NYSE:CHS). Moreover, Connor Clark Lunn Investment Mgmt Limited has 0.01% invested in Chico's FAS, Inc. (NYSE:CHS). Zebra Mgmt Limited Com reported 0.27% of its portfolio in Chico's FAS, Inc. (NYSE:CHS). Louisiana State Employees Retirement holds 0.02% or 55,000 shares in its portfolio.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.15, from 1.15 in 2017Q3. It fall, as 44 investors sold MCHP shares while 235 reduced holdings. 73 funds opened positions while 207 raised stakes. 236.19 million shares or 1.43% less from 239.62 million shares in 2017Q3 were reported. Renaissance Technology Limited Liability Company holds 0.01% or 106,028 shares in its portfolio. Epoch Invest Prtn stated it has 0.05% in Microchip Technology Incorporated (NASDAQ:MCHP). Jaffetilchin Lc reported 4,878 shares. Advisory Svcs Ltd Limited Liability Company stated it has 2,157 shares. Gotham Asset Mngmt Ltd Limited Liability Company has invested 0.08% in Microchip Technology Incorporated (NASDAQ:MCHP). Cullinan Assocs reported 3,100 shares. Mufg Americas Corp invested 0.15% in Microchip Technology Incorporated (NASDAQ:MCHP). Legacy Ptnrs Incorporated stated it has 1.68% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Capital One Association owns 0.36% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 59,776 shares. Philadelphia has 311,370 shares for 2.15% of their portfolio. Massmutual Fsb Adv has invested 0.27% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Wasatch Advsrs invested 0.02% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Gillespie Robinson And Grimm Inc holds 0.03% in Microchip Technology Incorporated (NASDAQ:MCHP) or 2,300 shares. Parsec Fincl Mgmt Incorporated holds 2,277 shares. Telemus Capital Ltd Liability Corp holds 0.1% or 15,383 shares in its portfolio.

Catalyst Capital Advisors Llc, which manages about $653.50M and $2.70B US Long portfolio, decreased its stake in United States Natl Gas Fund (Put) by 9,610 shares to 6,401 shares, valued at $999,000 in 2017Q4, according to the filing. It also reduced its holding in Pembina Pipeline Corp (NYSE:PBA) by 30,974 shares in the quarter, leaving it with 171,610 shares, and cut its stake in Transdigm Group Inc (NYSE:TDG).

Among 24 analysts covering Microchip Technology (NASDAQ:MCHP), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Microchip Technology had 71 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given on Tuesday, September 26 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, November 30. The firm earned “Buy” rating on Tuesday, August 9 by Citigroup. Morgan Stanley upgraded Microchip Technology Incorporated (NASDAQ:MCHP) rating on Tuesday, January 19. Morgan Stanley has “Overweight” rating and $55 target. Morgan Stanley maintained it with “Equal-Weight” rating and $97 target in Wednesday, May 9 report. Mizuho maintained Microchip Technology Incorporated (NASDAQ:MCHP) rating on Wednesday, February 8. Mizuho has “Neutral” rating and $72 target. The firm has “Hold” rating by SunTrust given on Wednesday, October 11. Bank of America initiated Microchip Technology Incorporated (NASDAQ:MCHP) on Monday, November 9 with “Neutral” rating. The rating was maintained by Needham with “Buy” on Tuesday, June 6. The company was maintained on Friday, August 4 by Needham.

Since February 22, 2018, it had 0 insider buys, and 9 sales for $5.04 million activity. CHAPMAN MATTHEW W had sold 6,000 shares worth $564,492 on Monday, March 5. $349,938 worth of Microchip Technology Incorporated (NASDAQ:MCHP) shares were sold by LITTLE MITCHELL R. On Thursday, February 22 the insider DREHOBL STEPHEN V sold $453,935. SANGHI STEVE had sold 20,124 shares worth $1.91M. 6,000 Microchip Technology Incorporated (NASDAQ:MCHP) shares with value of $567,720 were sold by DAY L B. $177,536 worth of Microchip Technology Incorporated (NASDAQ:MCHP) was sold by Bjornholt James Eric.

Chico's FAS, Inc. (NYSE:CHS) Institutional Positions Chart

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