Stepan Co (SCL) to pay $0.23 on Jun 15, 2018; Moors & Cabot Has Upped Nvidia (NVDA) Holding By $798,798

May 29, 2018 - By Peter Erickson

NVIDIA Corporation (NASDAQ:NVDA) Logo

Moors & Cabot Inc increased Nvidia Corp (NVDA) stake by 56.98% reported in 2018Q1 SEC filing. Moors & Cabot Inc acquired 3,458 shares as Nvidia Corp (NVDA)’s stock rose 1.09%. The Moors & Cabot Inc holds 9,527 shares with $2.21 million value, up from 6,069 last quarter. Nvidia Corp now has $151.31 billion valuation. The stock increased 0.64% or $1.59 during the last trading session, reaching $249.28. About 6.74 million shares traded. NVIDIA Corporation (NASDAQ:NVDA) has risen 80.30% since May 29, 2017 and is uptrending. It has outperformed by 67.73% the S&P500.




Stepan Co (NYSE:SCL) is expected to pay $0.23 on Jun 15, 2018. (NYSE:SCL) shareholders before May 30, 2018 will receive the $0.23 dividend. Stepan Co’s current price of $71.84 translates into 0.31% yield. Stepan Co’s dividend has May 31, 2018 as record date. Apr 24, 2018 is the announcement. The stock increased 0.62% or $0.44 during the last trading session, reaching $71.84. About 86,184 shares traded. Stepan Company (NYSE:SCL) has declined 17.33% since May 29, 2017 and is downtrending. It has underperformed by 29.90% the S&P500.

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. The company has market cap of $1.63 billion. It operates in three divisions: Surfactants, Polymers, and Specialty Products. It has a 18.33 P/E ratio. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors, and walls, as well as shampoos and body washes; and other applications, including fabric softeners, germicidal quaternary compounds, and lubricating ingredients, as well as emulsifiers for spreading agricultural products and industrial applications, such as latex systems, plastics, and composites.

Among 7 analysts covering Stepan Co (NYSE:SCL), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Stepan Co has $70 highest and $33 lowest target. $44.71’s average target is -37.76% below currents $71.84 stock price. Stepan Co had 12 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating given on Monday, May 29 by Industrial Alliance Securities. The rating was maintained by Seaport Global with “Neutral” on Wednesday, August 24. KeyBanc Capital Markets maintained Stepan Company (NYSE:SCL) on Friday, September 1 with “Hold” rating. The firm earned “Outperform” rating on Monday, August 15 by National Bank Canada.

Investors sentiment decreased to 1.16 in Q1 2018. Its down 0.19, from 1.35 in 2017Q4. It dived, as 16 investors sold Stepan Company shares while 59 reduced holdings. 30 funds opened positions while 57 raised stakes. 14.44 million shares or 3.89% more from 13.90 million shares in 2017Q4 were reported. Ubs Asset Management Americas Incorporated holds 0% or 11,349 shares. Paloma Prns has 2,820 shares for 0% of their portfolio. Rhumbline Advisers reported 52,559 shares. State Bank Of Ny Mellon Corporation holds 0.01% in Stepan Company (NYSE:SCL) or 406,916 shares. Arizona State Retirement Sys accumulated 31,234 shares. Bessemer Group Inc, New Jersey-based fund reported 18,800 shares. Segall Bryant And Hamill Ltd reported 0.01% of its portfolio in Stepan Company (NYSE:SCL). Moreover, Los Angeles & Equity Research has 0% invested in Stepan Company (NYSE:SCL) for 9,898 shares. Cornercap Inv Counsel holds 0.11% or 9,600 shares. Cubist Systematic Strategies Limited Liability reported 5,955 shares. Personal reported 0.13% stake. Matarin Cap Mgmt Ltd Liability Co has invested 0% of its portfolio in Stepan Company (NYSE:SCL). Goldman Sachs Grp Incorporated Inc accumulated 119,793 shares. Comerica Bank & Trust has 20,784 shares. Secor Cap Advisors Limited Partnership holds 0.03% or 3,954 shares in its portfolio.

Since February 26, 2018, it had 0 buys, and 9 sales for $4.74 million activity. Mergner Arthur W had sold 1,734 shares worth $147,390. On Monday, February 26 the insider Hale Jennifer Ansbro sold $157,907. Servatius Gregory sold $211,270 worth of stock or 2,479 shares. PACHOLEC FRANK sold $270,888 worth of Stepan Company (NYSE:SCL) on Friday, March 9. 35,766 shares were sold by STEPAN F QUINN JR, worth $2.92 million. Stefaniak Debra sold $25,063 worth of stock or 300 shares.

Investors sentiment decreased to 1.2 in 2018 Q1. Its down 0.01, from 1.21 in 2017Q4. It worsened, as 65 investors sold NVDA shares while 328 reduced holdings. 142 funds opened positions while 328 raised stakes. 357.39 million shares or 1.72% less from 363.65 million shares in 2017Q4 were reported. Light Street Capital Management Ltd stated it has 5.84% in NVIDIA Corporation (NASDAQ:NVDA). Penn Davis Mcfarland holds 1,000 shares or 0.07% of its portfolio. South Dakota Council stated it has 8,700 shares. Fund Mgmt Sa invested in 0.32% or 233,561 shares. Perigon Wealth Mgmt Ltd Limited Liability Company reported 0.07% in NVIDIA Corporation (NASDAQ:NVDA). Pinebridge Invs Lp reported 11,394 shares. First Allied Advisory Services invested 0.1% in NVIDIA Corporation (NASDAQ:NVDA). Psagot Inv House Ltd owns 1,330 shares. Stonebridge Cap Management has invested 0.17% in NVIDIA Corporation (NASDAQ:NVDA). Aqr Cap Mgmt Limited Liability Company holds 0.29% or 1.17M shares. 1,925 were reported by Asset Advsr Corp. Franklin Resource stated it has 1.21 million shares. Robeco Institutional Asset Mgmt Bv stated it has 180,521 shares or 0.2% of all its holdings. Partner Inv Management Lp reported 0.44% in NVIDIA Corporation (NASDAQ:NVDA). Salem Inv Counselors invested in 14,363 shares or 0.36% of the stock.

Since December 13, 2017, it had 0 insider purchases, and 7 insider sales for $22.84 million activity. Kress Colette had sold 171 shares worth $31,732 on Wednesday, December 13. On Monday, February 12 PERRY MARK L sold $3.94 million worth of NVIDIA Corporation (NASDAQ:NVDA) or 17,307 shares. Another trade for 606 shares valued at $119,427 was sold by Drell Persis. Another trade for 40,359 shares valued at $9.91 million was made by GAITHER JAMES C on Thursday, February 15. Shoquist Debora sold $7.67M worth of stock. $23,496 worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by Byron Michael.

More notable recent NVIDIA Corporation (NASDAQ:NVDA) news were published by: Seekingalpha.com which released: “Nvidia: Covered Call Strategy” on May 21, 2018, also Seekingalpha.com with their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018, Globenewswire.com published: “NVIDIA Announces Upcoming Events for Financial Community” on May 23, 2018. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Finance.Yahoo.com and their article: “Cowen’s Price Target for Nvidia Corporation Isn’t So Crazy” published on May 23, 2018 as well as Fool.com‘s news article titled: “Why Investors Are Paying a Premium for NVIDIA Corporation” with publication date: May 26, 2018.

Moors & Cabot Inc decreased At&T Inc (NYSE:T) stake by 24,095 shares to 302,893 valued at $10.80 million in 2018Q1. It also reduced First Tr Exchange Traded Fd (FV) stake by 17,646 shares and now owns 86,563 shares. Johnson Ctls Intl Plc was reduced too.

Stepan Company (NYSE:SCL) Institutional Positions Chart

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