Pomelo Capital Raised By $7.32 Million Its Canadian Solar (Put) (CSIQ) Stake; Vantiv Has 0.96 Sentiment

March 20, 2018 - By Marie Mckinney

Pomelo Capital Llc increased Canadian Solar Inc (Put) (CSIQ) stake by 57.31% reported in 2017Q3 SEC filing. Pomelo Capital Llc acquired 457,200 shares as Canadian Solar Inc (Put) (CSIQ)’s stock declined 8.07%. The Pomelo Capital Llc holds 1.25 million shares with $21.13M value, up from 797,700 last quarter. Canadian Solar Inc (Put) now has $969.81M valuation. The stock increased 0.72% or $0.12 during the last trading session, reaching $16.72. About 1.42M shares traded or 105.19% up from the average. Canadian Solar Inc. (NASDAQ:CSIQ) has declined 25.32% since March 20, 2017 and is downtrending. It has underperformed by 42.02% the S&P500.

Vantiv, Inc., through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. The company has market cap of $. It operates in two divisions, Merchant Services and Financial Institution Services. It currently has negative earnings. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to merchants, and regional and small-to-mid sized businesses.

Ratings analysis reveals 33% of Vantiv’s analysts are positive. Out of 3 Wall Street analysts rating Vantiv, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. VNTV was included in 3 notes of analysts from September 9, 2016. The company was downgraded on Thursday, February 9 by Jefferies. On Friday, September 9 the stock rating was initiated by Wedbush with “Neutral”. Cantor Fitzgerald initiated Vantiv Inc (NYSE:VNTV) on Friday, January 27 with “Overweight” rating.

Since January 1, 0001, it had 0 insider buys, and 3 sales for $8.58 million activity.

The stock decreased 100.00% or $75.66 during the last trading session, reaching $0. About 12.16M shares traded or Infinity% up from the average. Vantiv Inc (VNTV) has risen 14.83% since March 20, 2017 and is uptrending. It has underperformed by 1.87% the S&P500.

Stonerise Capital Management Llc holds 17.15% of its portfolio in Vantiv Inc for 155,000 shares. Bluespruce Investments Lp owns 794,528 shares or 10.55% of their US portfolio. Moreover, Sachem Head Capital Management Lp has 7.11% invested in the company for 2.13 million shares. The Connecticut-based Conatus Capital Management Lp has invested 6.59% in the stock. Palestra Capital Management Llc, a New York-based fund reported 1.06 million shares.

Among 18 analysts covering Canadian Solar Inc. (NASDAQ:CSIQ), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Canadian Solar Inc. had 43 analyst reports since August 19, 2015 according to SRatingsIntel. Cowen & Co maintained Canadian Solar Inc. (NASDAQ:CSIQ) rating on Monday, September 18. Cowen & Co has “Hold” rating and $17.0 target. The firm earned “Buy” rating on Tuesday, June 6 by Oppenheimer. FBR Capital initiated Canadian Solar Inc. (NASDAQ:CSIQ) rating on Friday, December 18. FBR Capital has “Outperform” rating and $32.0 target. TH Capital maintained it with “Buy” rating and $40 target in Wednesday, August 19 report. As per Tuesday, August 25, the company rating was initiated by Cowen & Co. The firm earned “Hold” rating on Friday, December 15 by Axiom Capital. The firm earned “Buy” rating on Thursday, December 17 by Canaccord Genuity. The stock has “Buy” rating by Standpoint Research on Thursday, January 21. As per Tuesday, September 8, the company rating was initiated by Oppenheimer. Cowen & Co maintained the shares of CSIQ in report on Monday, December 11 with “Hold” rating.

Pomelo Capital Llc decreased Tesla Mtrs Inc (Put) (NASDAQ:TSLA) stake by 51,600 shares to 865,801 valued at $295.33M in 2017Q3. It also reduced Hertz Global Hldgs Inc (Call) stake by 16,000 shares and now owns 54,000 shares. Navistar Intl Corp New (Prn) was reduced too.

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