Standpoint Research Downgrades F5 Networks (FFIV); Kazazian Asset Management Has Trimmed Altisource Residential (RESI) Holding By $359,160

June 19, 2018 - By wolcottdaily

F5 Networks, Inc. (NASDAQ:FFIV) Logo

Kazazian Asset Management Llc decreased Altisource Residential Corp (RESI) stake by 16.19% reported in 2018Q1 SEC filing. Kazazian Asset Management Llc sold 35,916 shares as Altisource Residential Corp (RESI)’s stock declined 1.49%. The Kazazian Asset Management Llc holds 185,966 shares with $1.87 million value, down from 221,882 last quarter. Altisource Residential Corp now has $569.16 million valuation. The stock increased 1.04% or $0.11 during the last trading session, reaching $10.64. About 119,926 shares traded. Front Yard Residential Corporation (NYSE:RESI) has declined 25.87% since June 19, 2017 and is downtrending. It has underperformed by 38.44% the S&P500. Some Historical RESI News: ; 08/05/2018 – FRONT YARD RESIDENTIAL CORP RESI.N – QTRLY FULL-COMPANY CORE FUNDS FROM OPERATIONS WAS $0.05 PER DILUTED SHARE; 08/05/2018 – Front Yard Residential 1Q Loss/Shr 51c; 11/04/2018 – FRONT YARD RESIDENTIAL CORP – UNDER TERMS, RETAINED MAXIMUM AGGREGATE BORROWING AMOUNT OF $250 MLN; 11/04/2018 – FRONT YARD AMENDS, EXTENDS $250M LOAN & SECURITY; 08/05/2018 – Front Yard Residential 1Q Rental Revenue $39.8 Million; 08/05/2018 – Front Yard Residential 1Q Rev $39.8M; 20/03/2018 – Front Yard Residential Declares Dividend of 15c; 11/04/2018 – FRONT YARD SAYS UNDER TERMS EXTENDED TERMINATION DATE BY 2 YEARS TO APRIL 5, 2020, WITH ADDITIONAL 1-YR EXTENSION TO APRIL 5, 2021 – SEC FILING; 11/04/2018 – FRONT YARD RESIDENTIAL CORP – ON APRIL 5, CO ACTING THROUGH ITS UNITS, AMENDED & EXTENDED ITS EXISTING $250.0 MLN LOAN AND SECURITY AGREEMENT; 08/05/2018 – FRONT YARD 1Q REV. $39.8M, EST. $36.5M




In a analysts note issued on Monday, 18 June, Standpoint Research stated it was downgrading F5 Networks (NASDAQ:FFIV) stock rating to a “Hold”.

Among 10 analysts covering Altisource Residential Corporation (NYSE:RESI), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Altisource Residential Corporation had 18 analyst reports since August 11, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of RESI in report on Thursday, June 29 with “Hold” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, November 2. The rating was initiated by Jefferies with “Buy” on Friday, September 15. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, March 9. Northland Capital maintained it with “Buy” rating and $1700 target in Friday, June 30 report. The firm earned “Buy” rating on Thursday, August 13 by Deutsche Bank. The stock of Front Yard Residential Corporation (NYSE:RESI) has “Buy” rating given on Tuesday, August 23 by Nomura. Keefe Bruyette & Woods maintained it with “Hold” rating and $11.0 target in Friday, March 2 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Tuesday, August 8. The rating was maintained by Citigroup on Wednesday, August 17 with “Neutral”.

Analysts await Front Yard Residential Corporation (NYSE:RESI) to report earnings on August, 14. They expect $-0.42 earnings per share, up 59.62% or $0.62 from last year’s $-1.04 per share. After $-0.51 actual earnings per share reported by Front Yard Residential Corporation for the previous quarter, Wall Street now forecasts -17.65% EPS growth.

Kazazian Asset Management Llc increased Endurance Intl Group Hldgs I (NASDAQ:EIGI) stake by 77,386 shares to 116,347 valued at $861,000 in 2018Q1. It also upped Alexion Pharmaceuticals Inc (NASDAQ:ALXN) stake by 6,000 shares and now owns 23,283 shares. Apple Inc (NASDAQ:AAPL) was raised too.

F5 Networks, Inc. develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems. The company has market cap of $10.90 billion. The company??s primary application delivery technology is Traffic Management Operating System that enable company??s products to intercept, inspect, and act on the contents of traffic from virtually each type of Internet Protocol-enabled application. It has a 26.14 P/E ratio. It offers Local Traffic Manager, which provides intelligent load-balancing, traffic management, and application health checking; BIG-IP DNS that automatically directs users to the closest or best-performing physical, virtual, or cloud environment; Advanced Firewall Manager, a network firewall; and Application Security Manager, an Web application firewall that provides comprehensive, proactive, and application-layer protection against generalized and targeted attacks.

The stock decreased 1.58% or $2.87 during the last trading session, reaching $178.41. About 472,002 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has risen 37.01% since June 19, 2017 and is uptrending. It has outperformed by 24.44% the S&P500. Some Historical FFIV News: 25/04/2018 – F5 Networks Names Francis J. Pelzer as Financial Chief; 21/05/2018 – F5’S FRANCIS J. PELZER FORMERLY COO OF SAP CLOUD BUSINESS GROUP; 25/04/2018 – F5 NETWORKS SEES 3Q ADJ EPS $2.36 TO $2.39, EST. $2.37; 21/04/2018 – DJ F5 Networks Inc, Inst Holders, 1Q 2018 (FFIV); 21/05/2018 – F5 NAMES FRANCIS J. PELZER AS CFO; 25/04/2018 – F5 Networks Sees 3Q Adj EPS $2.36-Adj EPS $2.39; 16/05/2018 – F5 Networks Presenting at AllianceBernstein Conference Jun 1; 25/04/2018 – F5 Networks: Reinland to Retire May 31; 11/04/2018 – Appdome Partners with F5 to Deliver Anti-Bot Services to Any App, Without Coding; 26/04/2018 – F5 NETWORKS INC FFIV.O : D.A. DAVIDSON RAISES TARGET PRICE TO $181 FROM $167

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on July, 25. They expect $1.86 EPS, up 20.00% or $0.31 from last year’s $1.55 per share. FFIV’s profit will be $113.67M for 23.98 P/E if the $1.86 EPS becomes a reality. After $1.80 actual EPS reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Since February 1, 2018, it had 0 insider buys, and 19 sales for $23.07 million activity. $289,014 worth of F5 Networks, Inc. (NASDAQ:FFIV) was sold by HIGGINSON ALAN on Thursday, February 15. 862 shares were sold by Kearny Ryan C., worth $140,320. The insider Locoh-Donou Francois sold 6,666 shares worth $1.18M. Rogers Scot Frazier sold $396,540 worth of stock. MCADAM JOHN also sold $4.33 million worth of F5 Networks, Inc. (NASDAQ:FFIV) shares. Shares for $499,183 were sold by Reinland Andrew. The insider DiLullo John D sold $1.15 million.

Investors sentiment increased to 0.97 in 2018 Q1. Its up 0.13, from 0.84 in 2017Q4. It is positive, as 36 investors sold F5 Networks, Inc. shares while 169 reduced holdings. 61 funds opened positions while 137 raised stakes. 55.47 million shares or 0.37% less from 55.68 million shares in 2017Q4 were reported. Exane Derivatives has 0% invested in F5 Networks, Inc. (NASDAQ:FFIV). 1,447 are owned by Creative Planning. Century Companies holds 51,234 shares. 1,237 were accumulated by Crow Point Partners Limited Company. Aviva Public Limited Company has invested 0.03% in F5 Networks, Inc. (NASDAQ:FFIV). Lpl Fincl Lc has 5,019 shares. Voya Management Ltd Limited Liability Company owns 0.01% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 37,678 shares. Liberty Mutual Group Asset Mgmt Inc holds 0.01% or 2,533 shares. National Bank Of Nova Scotia owns 7,928 shares for 0.01% of their portfolio. Wells Fargo Co Mn has invested 0.01% in F5 Networks, Inc. (NASDAQ:FFIV). Goldman Sachs Gru holds 0.05% or 1.44 million shares in its portfolio. Guggenheim Capital Limited Company owns 416,129 shares or 0.15% of their US portfolio. Nelson Van Denburg And Campbell Wealth Mngmt Grp Ltd Liability holds 0% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV) for 50 shares. Legal & General Gp Public Limited Liability Corporation reported 0.04% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV). Moreover, Highstreet Asset has 0.05% invested in F5 Networks, Inc. (NASDAQ:FFIV).

More important recent F5 Networks, Inc. (NASDAQ:FFIV) news were published by: Benzinga.com which released: “Citi: F5 Networks Shares Fully Valued After Recent Rally” on June 19, 2018, also Benzinga.com published article titled: “Benzinga’s Top Upgrades, Downgrades For June 19, 2018”, Investorplace.com published: “The Top 20 Stocks of 2018” on June 12, 2018. More interesting news about F5 Networks, Inc. (NASDAQ:FFIV) was released by: Streetinsider.com and their article: “F5 Networks (FFIV) Names Francis J. Pelzer as Chief Financial Officer” with publication date: May 21, 2018.

Among 39 analysts covering F5 Networks Inc. (NASDAQ:FFIV), 9 have Buy rating, 2 Sell and 28 Hold. Therefore 23% are positive. F5 Networks Inc. has $21100 highest and $90.0 lowest target. $140.62’s average target is -21.18% below currents $178.41 stock price. F5 Networks Inc. had 119 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Nomura on Wednesday, November 9 to “Neutral”. The firm earned “Sector Perform” rating on Thursday, January 14 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 23. Bank of America maintained the shares of FFIV in report on Monday, June 11 with “Buy” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, October 9. Wells Fargo downgraded the shares of FFIV in report on Thursday, July 27 to “Market Perform” rating. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Neutral” rating given on Monday, January 18 by Sterne Agee CRT. The firm has “Hold” rating by Wunderlich given on Thursday, October 27. The company was downgraded on Wednesday, March 29 by Deutsche Bank. The firm has “Equalweight” rating by Barclays Capital given on Wednesday, October 14.

F5 Networks, Inc. (NASDAQ:FFIV) Institutional Positions Chart

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