Peddock Capital Advisors Has Cut Its Stake in Nvidia (NVDA) as Shares Rose; Flagstar Bancorp (FBC) Stock Rose While Banc Funds Co Has Lifted Its Stake

February 22, 2018 - By Henry Gaston

Banc Funds Co Llc increased its stake in Flagstar Bancorp Inc. (FBC) by 54.46% based on its latest 2017Q3 regulatory filing with the SEC. Banc Funds Co Llc bought 94,700 shares as the company’s stock rose 1.37% with the market. The hedge fund held 268,600 shares of the finance company at the end of 2017Q3, valued at $9.53M, up from 173,900 at the end of the previous reported quarter. Banc Funds Co Llc who had been investing in Flagstar Bancorp Inc. for a number of months, seems to be bullish on the $2.04 billion market cap company. The stock decreased 0.70% or $0.25 during the last trading session, reaching $35.56. About 57,850 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has risen 24.05% since February 22, 2017 and is uptrending. It has outperformed by 7.35% the S&P500.

Peddock Capital Advisors Llc decreased its stake in Nvidia Corp (NVDA) by 30.01% based on its latest 2017Q3 regulatory filing with the SEC. Peddock Capital Advisors Llc sold 11,861 shares as the company’s stock rose 26.83% with the market. The institutional investor held 27,666 shares of the semiconductors company at the end of 2017Q3, valued at $4.95M, down from 39,527 at the end of the previous reported quarter. Peddock Capital Advisors Llc who had been investing in Nvidia Corp for a number of months, seems to be less bullish one the $147.31 billion market cap company. The stock increased 0.71% or $1.72 during the last trading session, reaching $243.08. About 10.71 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since February 22, 2017 and is uptrending. It has outperformed by 195.58% the S&P500.




Investors sentiment increased to 1.08 in Q3 2017. Its up 0.02, from 1.06 in 2017Q2. It increased, as 10 investors sold FBC shares while 38 reduced holdings. 15 funds opened positions while 37 raised stakes. 55.79 million shares or 1.54% more from 54.95 million shares in 2017Q2 were reported. Metropolitan Life Insurance has invested 0% in Flagstar Bancorp, Inc. (NYSE:FBC). Vanguard Inc holds 2.28 million shares. Macquarie Gp holds 8,200 shares. Lsv Asset invested 0.02% in Flagstar Bancorp, Inc. (NYSE:FBC). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 583 shares. Deutsche Bankshares Ag invested in 99,139 shares or 0% of the stock. Qs Ltd reported 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC). Moreover, Sigma Planning has 0.03% invested in Flagstar Bancorp, Inc. (NYSE:FBC) for 8,755 shares. Fny Managed Accounts Limited Liability stated it has 0.09% in Flagstar Bancorp, Inc. (NYSE:FBC). Pennsylvania-based Sei Invests has invested 0% in Flagstar Bancorp, Inc. (NYSE:FBC). Guggenheim Capital Limited Co accumulated 34,585 shares. Systematic Finance Mgmt LP reported 47,815 shares stake. First Tru Advsr Limited Partnership reported 0% stake. Northern Tru invested in 267,626 shares. Loomis Sayles Lp reported 1,004 shares.

Banc Funds Co Llc, which manages about $1.41B and $2.23B US Long portfolio, decreased its stake in Parke Bancorp Inc. (NASDAQ:PKBK) by 23,600 shares to 13,700 shares, valued at $304,000 in 2017Q3, according to the filing. It also reduced its holding in Southwest Bancorp Inc. (NASDAQ:OKSB) by 257,804 shares in the quarter, leaving it with 486,302 shares, and cut its stake in Atlantic Capital Bancshares Inc..

Among 10 analysts covering Flagstar Bancorp (NYSE:FBC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Flagstar Bancorp had 31 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Tuesday, July 25 with “Buy”. The stock of Flagstar Bancorp, Inc. (NYSE:FBC) earned “Outperform” rating by FBR Capital on Wednesday, July 29. The rating was maintained by FBR Capital on Wednesday, April 26 with “Outperform”. The firm has “Buy” rating given on Tuesday, November 14 by FBR Capital. The rating was maintained by Piper Jaffray with “Buy” on Sunday, August 27. Keefe Bruyette & Woods maintained Flagstar Bancorp, Inc. (NYSE:FBC) on Thursday, December 21 with “Hold” rating. Wedbush initiated Flagstar Bancorp, Inc. (NYSE:FBC) on Tuesday, October 11 with “Neutral” rating. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Friday, October 30. Keefe Bruyette & Woods upgraded Flagstar Bancorp, Inc. (NYSE:FBC) on Tuesday, June 28 to “Outperform” rating. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, February 9.

Peddock Capital Advisors Llc, which manages about $187.96 million and $195.21M US Long portfolio, upped its stake in Alphabet Inc A by 1,504 shares to 1,689 shares, valued at $1.65 million in 2017Q3, according to the filing.

Among 44 analysts covering Nvidia Corporation (NASDAQ:NVDA), 25 have Buy rating, 3 Sell and 16 Hold. Therefore 57% are positive. Nvidia Corporation had 185 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained NVIDIA Corporation (NASDAQ:NVDA) rating on Thursday, August 10. Stifel Nicolaus has “Hold” rating and $11000 target. The firm has “Buy” rating by Jefferies given on Monday, April 4. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Neutral” rating by Stifel Nicolaus on Wednesday, April 6. The rating was maintained by Stifel Nicolaus on Friday, August 7 with “Buy”. The firm has “Buy” rating by SunTrust given on Wednesday, July 12. The stock of NVIDIA Corporation (NASDAQ:NVDA) has “Buy” rating given on Wednesday, September 20 by B. Riley & Co. As per Monday, November 16, the company rating was upgraded by Canaccord Genuity. The stock of NVIDIA Corporation (NASDAQ:NVDA) earned “Buy” rating by Mizuho on Tuesday, December 20. The rating was maintained by TH Capital with “Neutral” on Friday, November 6. On Thursday, September 17 the stock rating was upgraded by Jefferies to “Buy”.

Analysts await NVIDIA Corporation (NASDAQ:NVDA) to report earnings on May, 8. They expect $1.48 earnings per share, up 80.49% or $0.66 from last year’s $0.82 per share. NVDA’s profit will be $896.88 million for 41.06 P/E if the $1.48 EPS becomes a reality. After $1.57 actual earnings per share reported by NVIDIA Corporation for the previous quarter, Wall Street now forecasts -5.73% negative EPS growth.

Since September 1, 2017, it had 0 insider buys, and 13 sales for $92.81 million activity. The insider PERRY MARK L sold 17,307 shares worth $3.94M. Byron Michael sold $69,943 worth of stock. STEVENS MARK A had sold 80,250 shares worth $15.02 million. SEAWELL A BROOKE sold 30,000 shares worth $5.11 million. On Wednesday, September 6 HUANG JEN HSUN sold $18.27M worth of NVIDIA Corporation (NASDAQ:NVDA) or 110,000 shares. Shoquist Debora had sold 33,498 shares worth $6.34 million.

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