Ranger Investment Management LP Has Lifted Its Mercury Systemsinc. (MRCY) Position by $1.53 Million as Stock Value Rose; Js Capital Management Cut Stake in Advance Auto Parts (AAP) as Stock Declined

February 16, 2018 - By Nellie Frank

Ranger Investment Management Lp increased its stake in Mercury Systemsinc. (MRCY) by 7.44% based on its latest 2017Q3 regulatory filing with the SEC. Ranger Investment Management Lp bought 29,920 shares as the company’s stock rose 3.33% with the market. The institutional investor held 432,195 shares of the electrical products company at the end of 2017Q3, valued at $22.42 million, up from 402,275 at the end of the previous reported quarter. Ranger Investment Management Lp who had been investing in Mercury Systemsinc. for a number of months, seems to be bullish on the $2.19B market cap company. The stock increased 2.48% or $1.1 during the last trading session, reaching $45.46. About 438,426 shares traded or 18.11% up from the average. Mercury Systems, Inc. (NASDAQ:MRCY) has risen 91.74% since February 16, 2017 and is uptrending. It has outperformed by 75.04% the S&P500.

Jonathan Soros decreased its stake in Advance Auto Parts Inc (AAP) by 56.52% based on its latest 2017Q3 regulatory filing with the SEC. Js Capital Management Llc sold 26,000 shares as the company’s stock declined 6.26% while stock markets rallied. The hedge fund run by Jonathan Soros held 20,000 shares of the other specialty stores company at the end of 2017Q3, valued at $1.98M, down from 46,000 at the end of the previous reported quarter. Js Capital Management Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be less bullish one the $8.03 billion market cap company. The stock decreased 0.22% or $0.24 during the last trading session, reaching $108.78. About 818,447 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since February 16, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.




Js Capital Management Llc, which manages about $219.13 million US Long portfolio, upped its stake in Alphabet Inc by 500 shares to 13,500 shares, valued at $12.95 million in 2017Q3, according to the filing. It also increased its holding in Interxion Holding N.V (NYSE:INXN) by 10,000 shares in the quarter, for a total of 85,000 shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Among 28 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 13 have Buy rating, 3 Sell and 12 Hold. Therefore 46% are positive. Advance Auto Parts Inc. had 91 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Thursday, June 22 by BTIG Research. The stock of Advance Auto Parts, Inc. (NYSE:AAP) has “Buy” rating given on Thursday, August 24 by UBS. On Friday, April 15 the stock rating was initiated by Gabelli with “Hold”. As per Tuesday, November 15, the company rating was maintained by RBC Capital Markets. Citigroup maintained it with “Neutral” rating and $162 target in Wednesday, August 17 report. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Buy” rating by UBS on Friday, February 5. As per Wednesday, December 14, the company rating was initiated by Atlantic Securities. Bank of America maintained Advance Auto Parts, Inc. (NYSE:AAP) rating on Wednesday, August 16. Bank of America has “Underperform” rating and $77 target. Morgan Stanley maintained Advance Auto Parts, Inc. (NYSE:AAP) on Wednesday, November 8 with “Overweight” rating. Sterne Agee CRT downgraded Advance Auto Parts, Inc. (NYSE:AAP) on Friday, November 13 to “Neutral” rating.

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on February, 20. They expect $0.64 earnings per share, down 36.00% or $0.36 from last year’s $1 per share. AAP’s profit will be $47.27M for 42.49 P/E if the $0.64 EPS becomes a reality. After $1.43 actual earnings per share reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts -55.24% negative EPS growth.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.07, from 1.07 in 2017Q2. It turned negative, as 72 investors sold AAP shares while 112 reduced holdings. 59 funds opened positions while 125 raised stakes. 74.92 million shares or 1.99% less from 76.44 million shares in 2017Q2 were reported. Schwab Charles Invest Mgmt has invested 0.03% in Advance Auto Parts, Inc. (NYSE:AAP). Barrow Hanley Mewhinney And Strauss Limited Liability Com reported 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Paloma Prtn Mngmt accumulated 25,446 shares or 0.03% of the stock. First Allied Advisory Services reported 16,100 shares or 0.07% of all its holdings. Carroll Associates Inc invested in 602 shares. Adage Cap Grp Ltd Liability Corp stated it has 713,489 shares. Glg Ltd Liability Corporation invested in 3,766 shares or 0.02% of the stock. Discovery Capital Lc Ct stated it has 0.48% in Advance Auto Parts, Inc. (NYSE:AAP). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management holds 32,467 shares. Moreover, Haverford Tru has 0% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 2,182 shares. Texas Yale Corporation reported 4,135 shares. Gam Ag holds 4,953 shares. Raymond James & Associates reported 0.02% in Advance Auto Parts, Inc. (NYSE:AAP). 438,200 are held by Tensile Management Lc. Kornitzer Cap Management Incorporated Ks invested in 0.09% or 54,560 shares.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.12, from 1.01 in 2017Q2. It improved, as 13 investors sold MRCY shares while 67 reduced holdings. 33 funds opened positions while 57 raised stakes. 45.09 million shares or 0.45% less from 45.29 million shares in 2017Q2 were reported. Gru Inc owns 37,265 shares or 0.01% of their US portfolio. Asset Mngmt One Ltd holds 0% of its portfolio in Mercury Systems, Inc. (NASDAQ:MRCY) for 27,082 shares. Teacher Retirement Sys Of Texas holds 3,977 shares. Prudential Fincl invested in 82,050 shares. Ranger Inv Lp owns 1.68% invested in Mercury Systems, Inc. (NASDAQ:MRCY) for 432,195 shares. Rainier Inv Management Limited Liability Corporation, a Washington-based fund reported 106,770 shares. Aperio Group Inc Ltd Liability owns 8,291 shares. Dimensional Fund Advisors Lp holds 0.04% of its portfolio in Mercury Systems, Inc. (NASDAQ:MRCY) for 1.86M shares. Mason Street Advsr Llc stated it has 12,184 shares. State Of Alaska Department Of Revenue holds 0.03% or 9,516 shares in its portfolio. Amalgamated Savings Bank holds 6,451 shares or 0.01% of its portfolio. Lenox Wealth invested 0% of its portfolio in Mercury Systems, Inc. (NASDAQ:MRCY). G2 Invest Prtn Management Lc owns 40,000 shares or 0.82% of their US portfolio. Comerica Natl Bank owns 51,881 shares for 0.02% of their portfolio. Cortina Asset Management Lc has invested 1.06% in Mercury Systems, Inc. (NASDAQ:MRCY).

Among 9 analysts covering Mercury (NASDAQ:MRCY), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Mercury had 23 analyst reports since August 25, 2015 according to SRatingsIntel. Jefferies maintained Mercury Systems, Inc. (NASDAQ:MRCY) rating on Tuesday, September 5. Jefferies has “Hold” rating and $45.0 target. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) has “Buy” rating given on Tuesday, August 25 by Drexel Hamilton. Jefferies maintained Mercury Systems, Inc. (NASDAQ:MRCY) on Friday, May 26 with “Hold” rating. Noble Financial maintained Mercury Systems, Inc. (NASDAQ:MRCY) on Wednesday, August 2 with “Hold” rating. The rating was maintained by Jefferies on Friday, July 7 with “Hold”. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) earned “Buy” rating by Bank of America on Thursday, February 8. The firm has “Buy” rating given on Wednesday, October 18 by SunTrust. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) earned “Buy” rating by SunTrust on Thursday, January 19. The stock of Mercury Systems, Inc. (NASDAQ:MRCY) has “Hold” rating given on Friday, October 6 by Jefferies. The company was maintained on Wednesday, October 25 by Noble Financial.

Ranger Investment Management Lp, which manages about $2.16 billion and $1.33B US Long portfolio, decreased its stake in Wabco Holdings Inc (NYSE:WBC) by 2,190 shares to 2,120 shares, valued at $314,000 in 2017Q3, according to the filing. It also reduced its holding in Healthcare Services Group Inc (NASDAQ:HCSG) by 7,111 shares in the quarter, leaving it with 4,359 shares, and cut its stake in Logmein Inc. (NASDAQ:LOGM).

Since September 11, 2017, it had 0 insider buys, and 10 sales for $2.47 million activity. HAINES GERALD M II had sold 2,500 shares worth $129,850 on Monday, October 2. 9,600 Mercury Systems, Inc. (NASDAQ:MRCY) shares with value of $470,695 were sold by ASLETT MARK.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.