Panagora Asset Management Boosted By $16.08 Million Its Can Imperial Bk Of Commerce (CM) Position; DAI-ICHI LIFE INSURANCE CO LTD ORDINARY (DCNSF) Shorts Up By 109.64%

April 17, 2018 - By Peter Erickson

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DAI-ICHI LIFE INSURANCE CO LTD ORDINARY (OTCMKTS:DCNSF) had an increase of 109.64% in short interest. DCNSF’s SI was 1.40 million shares in April as released by FINRA. Its up 109.64% from 665,700 shares previously. With 2,400 avg volume, 582 days are for DAI-ICHI LIFE INSURANCE CO LTD ORDINARY (OTCMKTS:DCNSF)’s short sellers to cover DCNSF’s short positions. It closed at $21 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Panagora Asset Management Inc increased Can Imperial Bk Of Commerce (CM) stake by 29.9% reported in 2017Q4 SEC filing. Panagora Asset Management Inc acquired 165,782 shares as Can Imperial Bk Of Commerce (CM)’s stock declined 9.42%. The Panagora Asset Management Inc holds 720,309 shares with $70.17 million value, up from 554,527 last quarter. Can Imperial Bk Of Commerce now has $37.86B valuation. The stock increased 0.84% or $0.735 during the last trading session, reaching $88.555. About 163,446 shares traded. Canadian Imperial Bank of Commerce (NYSE:CM) has risen 0.83% since April 17, 2017 and is uptrending. It has underperformed by 10.72% the S&P500.

Among 15 analysts covering Canadian Imperial Bank Of Commerce (NYSE:CM), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. Canadian Imperial Bank Of Commerce had 29 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) earned “Underperform” rating by Credit Suisse on Thursday, August 27. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) earned “Buy” rating by Canaccord Genuity on Thursday, August 24. The rating was downgraded by Zacks on Monday, September 7 to “Sell”. The firm has “Underperform” rating by Credit Agricole given on Monday, December 7. As per Tuesday, September 1, the company rating was upgraded by Zacks. The company was upgraded on Tuesday, December 19 by Barclays Capital. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) earned “Mkt Perform” rating by Keefe Bruyette & Woods on Friday, February 24. BMO Capital Markets maintained Canadian Imperial Bank of Commerce (NYSE:CM) rating on Friday, August 26. BMO Capital Markets has “Market Perform” rating and $103 target. The firm has “Hold” rating by Canaccord Genuity given on Thursday, August 27. The firm has “Neutral” rating by Citigroup given on Wednesday, October 25.

Panagora Asset Management Inc decreased Rogers Corp (NYSE:ROG) stake by 9,517 shares to 74,346 valued at $12.04M in 2017Q4. It also reduced Arch Capital Group Ltd (NASDAQ:ACGL) stake by 33,467 shares and now owns 106,673 shares. Costar Group Inc (NASDAQ:CSGP) was reduced too.

Dai-ichi Life Holdings, Inc. provides life insurance products in Japan and internationally. The company has market cap of $. It offers individual life insurance products and annuities, single premium whole life insurance products, and financial insurance and annuities; and group annuities. It currently has negative earnings. The firm also engages in provision of asset management services; and other businesses.

Canadian Imperial Bank of Commerce (NYSE:CM) Ratings Chart

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