Mondrian Investment Partners LTD Cut Astronics (ATRO) Position By $543,348; Macerich Company (the) (MAC) Shorts Decreased By 10.51%

June 15, 2018 - By Louis Casey

Astronics Corporation (NASDAQ:ATRO) Logo

Mondrian Investment Partners Ltd decreased Astronics (ATRO) stake by 15.52% reported in 2018Q1 SEC filing. Mondrian Investment Partners Ltd sold 15,093 shares as Astronics (ATRO)’s stock declined 17.25%. The Mondrian Investment Partners Ltd holds 82,154 shares with $3.01 million value, down from 97,247 last quarter. Astronics now has $1.09B valuation. The stock increased 1.59% or $0.61 during the last trading session, reaching $38.97. About 84,496 shares traded. Astronics Corporation (NASDAQ:ATRO) has risen 13.90% since June 15, 2017 and is uptrending. It has outperformed by 1.33% the S&P500. Some Historical ATRO News: ; 02/04/2018 – ASTRONICS CORP – UNIT SELECTED BY MULTIPLE ASIA-PACIFIC AIRLINES TO INSTALL EMPOWER IN-SEAT POWER AND FLIGHT DECK POWER SYSTEMS; 09/05/2018 – ASTRONICS CORP – 89 PCT OF BACKLOG AT QTR-END IS EXPECTED TO SHIP IN 2018; 09/05/2018 – ASTRONICS CORP – QTRLY BOOKINGS WERE STRONG AT $196.2 MILLION




Macerich Company (the) (NYSE:MAC) had a decrease of 10.51% in short interest. MAC’s SI was 6.82 million shares in June as released by FINRA. Its down 10.51% from 7.62 million shares previously. With 1.43 million avg volume, 5 days are for Macerich Company (the) (NYSE:MAC)’s short sellers to cover MAC’s short positions. The SI to Macerich Company (the)’s float is 5.84%. It closed at $56.12 lastly. It is down 9.01% since June 15, 2017 and is downtrending. It has underperformed by 21.58% the S&P500. Some Historical MAC News: ; 19/04/2018 – Macerich: Lead Director Steven Hash to Become Independent Chairman; 19/04/2018 – MACERICH CO – COMMENCES PROCESS FOR DETERMINING NEW PERMANENT CEO; 02/05/2018 – Macerich Sees FY18 EPS 49c-EPS 59c; 02/05/2018 – MACERICH 1Q FFO/SHR 82C, EST. 81C; 19/04/2018 – Mall Owner Macerich Says CEO Coppola to Step Down at End of 2018; 02/05/2018 – MACERICH SEES FY FFO/SHR $3.92 TO $4.02, EST. $3.96; 04/04/2018 – Starboard Is Said to Nominate Majority Slate to Macerich Board; 20/04/2018 – DJ Macerich Company, Inst Holders, 1Q 2018 (MAC); 02/04/2018 – Fidelity Real Estate Adds Macerich, Exits Invitation Homes; 26/04/2018 – MACERICH CO – O’HERN WILL SUCCEED ARTHUR COPPOLA

Among 24 analysts covering The Macerich Company (NYSE:MAC), 8 have Buy rating, 2 Sell and 14 Hold. Therefore 33% are positive. The Macerich Company had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Sandler O’Neill maintained Macerich Company (NYSE:MAC) rating on Thursday, February 1. Sandler O’Neill has “Hold” rating and $68.0 target. As per Tuesday, September 8, the company rating was maintained by Evercore. Jefferies maintained the shares of MAC in report on Monday, September 25 with “Hold” rating. RBC Capital Markets upgraded the shares of MAC in report on Friday, May 6 to “Outperform” rating. RBC Capital Markets maintained the shares of MAC in report on Wednesday, October 7 with “Sector Perform” rating. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, January 23. The stock of Macerich Company (NYSE:MAC) has “Hold” rating given on Friday, February 9 by Deutsche Bank. J.P. Morgan upgraded the stock to “Buy” rating in Tuesday, September 26 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, September 28 report. The stock of Macerich Company (NYSE:MAC) has “Buy” rating given on Wednesday, August 9 by RBC Capital Markets.

The Macerich Company is an independent real estate investment trust. The company has market cap of $8.49 billion. The firm invests in the real estate markets of the United States. It has a 55.02 P/E ratio. It primarily engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States.

More news for Macerich Company (NYSE:MAC) were recently published by: Seekingalpha.com, which released: “Macerich: Takeover Target?” on May 21, 2018. Nasdaq.com‘s article titled: “Investors Shouldn’t Trust the Rally in Retail Stocks” and published on June 05, 2018 is yet another important article.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.19, from 1.09 in 2017Q4. It turned negative, as 31 investors sold Macerich Company shares while 106 reduced holdings. 30 funds opened positions while 93 raised stakes. 130.97 million shares or 3.27% less from 135.39 million shares in 2017Q4 were reported. Harvest Management Ltd Limited Liability Company accumulated 4,000 shares. Sei Investments holds 25,428 shares. Aperio Gp Limited has 0.01% invested in Macerich Company (NYSE:MAC). Moreover, Ardsley Advisory Prtnrs has 0.08% invested in Macerich Company (NYSE:MAC) for 9,000 shares. 30 were accumulated by Convergence Investment Partners Limited Liability Com. Credit Suisse Ag invested 0.02% in Macerich Company (NYSE:MAC). Ameritas Invest Prtnrs Inc reported 2,346 shares. Miracle Mile Advsrs Lc holds 0.02% of its portfolio in Macerich Company (NYSE:MAC) for 3,799 shares. Northern Tru reported 2.18M shares stake. Washington Tru National Bank has invested 0% in Macerich Company (NYSE:MAC). American Natl Ins Co Tx has 0.06% invested in Macerich Company (NYSE:MAC). Louisiana State Employees Retirement System stated it has 6,600 shares. Asset Mngmt One reported 446,628 shares stake. Ulysses Mngmt Ltd Liability owns 2.18% invested in Macerich Company (NYSE:MAC) for 425,000 shares. The New York-based Oppenheimer Asset Mngmt has invested 0.01% in Macerich Company (NYSE:MAC).

Investors sentiment decreased to 0.81 in Q1 2018. Its down 0.29, from 1.1 in 2017Q4. It worsened, as 12 investors sold ATRO shares while 42 reduced holdings. 11 funds opened positions while 33 raised stakes. 19.09 million shares or 0.61% less from 19.21 million shares in 2017Q4 were reported. Ack Asset Ltd Limited Liability Company has invested 9.29% in Astronics Corporation (NASDAQ:ATRO). Sei Invests stated it has 0% of its portfolio in Astronics Corporation (NASDAQ:ATRO). Mutual Of America Cap Management Ltd Liability Corporation holds 0.06% or 111,525 shares. Neuberger Berman Grp Llc owns 1.37M shares or 0.06% of their US portfolio. Teton holds 13,500 shares or 0.05% of its portfolio. 73,148 were accumulated by United Svcs Automobile Association. Citigroup stated it has 105 shares. State Of Wisconsin Inv Board holds 0.03% in Astronics Corporation (NASDAQ:ATRO) or 236,006 shares. Blackrock Inc has invested 0% in Astronics Corporation (NASDAQ:ATRO). New York-based Int Group Inc has invested 0% in Astronics Corporation (NASDAQ:ATRO). Sg Americas Securities holds 0.01% in Astronics Corporation (NASDAQ:ATRO) or 26,681 shares. Smithfield Trust, a Pennsylvania-based fund reported 315 shares. First Tru LP invested in 0% or 24,178 shares. Asset Management owns 6,515 shares for 0% of their portfolio. Goldman Sachs Group owns 0% invested in Astronics Corporation (NASDAQ:ATRO) for 37,786 shares.

Since January 19, 2018, it had 0 buys, and 18 selling transactions for $1.49 million activity. Another trade for 2,000 shares valued at $72,840 was sold by GUNDERMANN PETER J. Shares for $74,500 were sold by PEABODY MARK on Monday, April 2.

Among 6 analysts covering Astronics Corporation (NASDAQ:ATRO), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Astronics Corporation had 22 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Astronics Corporation (NASDAQ:ATRO) has “Buy” rating given on Wednesday, September 27 by Canaccord Genuity. The stock has “Buy” rating by Canaccord Genuity on Monday, September 26. The stock of Astronics Corporation (NASDAQ:ATRO) has “Overweight” rating given on Wednesday, June 29 by KeyBanc Capital Markets. The firm has “Buy” rating given on Thursday, August 3 by Canaccord Genuity. The stock of Astronics Corporation (NASDAQ:ATRO) earned “Buy” rating by Canaccord Genuity on Monday, December 11. SunTrust maintained Astronics Corporation (NASDAQ:ATRO) rating on Friday, January 19. SunTrust has “Hold” rating and $48.0 target. The company was upgraded on Thursday, February 18 by KeyBanc Capital Markets. On Wednesday, August 16 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm earned “Hold” rating on Monday, January 8 by SunTrust. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, February 27 report.

Analysts await Astronics Corporation (NASDAQ:ATRO) to report earnings on August, 1. They expect $0.34 EPS, up 30.77% or $0.08 from last year’s $0.26 per share. ATRO’s profit will be $9.54M for 28.65 P/E if the $0.34 EPS becomes a reality. After $0.11 actual EPS reported by Astronics Corporation for the previous quarter, Wall Street now forecasts 209.09% EPS growth.

Astronics Corporation (NASDAQ:ATRO) Institutional Positions Chart

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