Banque Pictet & Cie Sa Has Cut Wyndham Worldwide (WYN) Holding as Market Valuation Rose; Ipg Photonics (IPGP) Shares Rose While Rk Capital Management Cut by $3.37 Million Its Holding

January 18, 2018 - By Migdalia James

Rk Capital Management Llc decreased its stake in Ipg Photonics Corp (IPGP) by 37.96% based on its latest 2017Q3 regulatory filing with the SEC. Rk Capital Management Llc sold 18,200 shares as the company’s stock rose 13.78% with the market. The hedge fund held 29,751 shares of the semiconductors company at the end of 2017Q3, valued at $5.51 million, down from 47,951 at the end of the previous reported quarter. Rk Capital Management Llc who had been investing in Ipg Photonics Corp for a number of months, seems to be less bullish one the $13.90B market cap company. The stock decreased 0.63% or $1.64 during the last trading session, reaching $259.31. About 71,164 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) has risen 67.64% since January 18, 2017 and is uptrending. It has outperformed by 50.94% the S&P500.

Banque Pictet & Cie Sa decreased its stake in Wyndham Worldwide Corp (WYN) by 18.93% based on its latest 2017Q3 regulatory filing with the SEC. Banque Pictet & Cie Sa sold 15,440 shares as the company’s stock rose 12.67% with the market. The institutional investor held 66,126 shares of the hotels and resorts company at the end of 2017Q3, valued at $6.97 million, down from 81,566 at the end of the previous reported quarter. Banque Pictet & Cie Sa who had been investing in Wyndham Worldwide Corp for a number of months, seems to be less bullish one the $12.51B market cap company. The stock increased 5.37% or $6.295 during the last trading session, reaching $123.425. About 714,286 shares traded. Wyndham Worldwide Corporation (NYSE:WYN) has risen 43.20% since January 18, 2017 and is uptrending. It has outperformed by 26.50% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.03, from 0.82 in 2017Q2. It worsened, as 33 investors sold WYN shares while 196 reduced holdings. 52 funds opened positions while 128 raised stakes. 92.86 million shares or 3.09% less from 95.82 million shares in 2017Q2 were reported. Check Cap Mgmt Ca invested in 0.29% or 93,471 shares. Pictet Asset Management holds 64,560 shares or 0.02% of its portfolio. Allsquare Wealth Ltd Limited Liability Company stated it has 0.01% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Dimensional Fund Limited Partnership invested in 597,875 shares or 0.03% of the stock. Bremer Tru National Association holds 14,503 shares or 0.43% of its portfolio. Tremblant Cap Grp Inc accumulated 440,072 shares. Acadian Asset Mgmt Lc, a Massachusetts-based fund reported 1,448 shares. Peddock Cap Advisors Llc holds 0.44% or 8,076 shares. Bp Public Ltd Llc owns 13,000 shares or 0.05% of their US portfolio. Burney Company reported 0.06% in Wyndham Worldwide Corporation (NYSE:WYN). State Of Tennessee Treasury Department reported 0.03% in Wyndham Worldwide Corporation (NYSE:WYN). Sumitomo Mitsui owns 332,302 shares or 0.05% of their US portfolio. Private Advisor Gru Ltd Liability Corporation holds 2,891 shares or 0.01% of its portfolio. First Quadrant LP Ca holds 0.01% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN) for 3,800 shares. Credit Suisse Ag reported 0.11% stake.

Since August 11, 2017, it had 0 insider purchases, and 2 sales for $1.80 million activity. $31,524 worth of Wyndham Worldwide Corporation (NYSE:WYN) was sold by HERRERA GEORGE on Friday, August 11.

Among 11 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Wyndham Worldwide Corporation had 20 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Buy” rating by Stifel Nicolaus on Wednesday, June 21. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Buy” rating by Goldman Sachs on Thursday, October 29. The firm has “Buy” rating by Buckingham Research given on Monday, June 19. As per Monday, December 5, the company rating was maintained by M Partners. The rating was maintained by SunTrust with “Buy” on Tuesday, October 17. Credit Suisse initiated the shares of WYN in report on Friday, February 5 with “Neutral” rating. The company was downgraded on Friday, August 4 by Telsey Advisory Group. As per Friday, December 11, the company rating was maintained by Stifel Nicolaus. The firm has “Neutral” rating given on Monday, September 26 by Goldman Sachs. The stock has “Hold” rating by Deutsche Bank on Tuesday, July 18.

Banque Pictet & Cie Sa, which manages about $4.42 billion US Long portfolio, upped its stake in Nike Inc (NYSE:NKE) by 209,880 shares to 2.70 million shares, valued at $140.23 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IBB) by 5,361 shares in the quarter, for a total of 37,272 shares, and has risen its stake in First Tr Exchange Traded Fd (FDN).

Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on February, 21. They expect $1.35 earnings per share, 0.00% or $0.00 from last year’s $1.35 per share. WYN’s profit will be $136.79 million for 22.86 P/E if the $1.35 EPS becomes a reality. After $2.03 actual earnings per share reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts -33.50% negative EPS growth.

Rk Capital Management Llc, which manages about $857.26M and $429.22 million US Long portfolio, upped its stake in Broadsoft Inc (NASDAQ:BSFT) by 21,900 shares to 197,960 shares, valued at $9.96 million in 2017Q3, according to the filing. It also increased its holding in Firstservice Corp New by 20,489 shares in the quarter, for a total of 136,889 shares, and has risen its stake in Teligent Inc New.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.24, from 1.26 in 2017Q2. It dropped, as 30 investors sold IPGP shares while 137 reduced holdings. 73 funds opened positions while 98 raised stakes. 30.67 million shares or 0.23% more from 30.60 million shares in 2017Q2 were reported. Reinhart Prtnrs reported 1,510 shares. Verition Fund Mngmt has 0.05% invested in IPG Photonics Corporation (NASDAQ:IPGP). State Street reported 0.02% stake. Congress Asset Ma reported 1.58% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). Automobile Association reported 0.01% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). Piedmont Invest Ltd Liability reported 0.02% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP). 1832 Asset Lp has 7,200 shares. American Gru Incorporated, a New York-based fund reported 77,082 shares. Pub Employees Retirement Association Of Colorado holds 7,301 shares. 141,199 are held by Schwab Charles Investment Incorporated. Massachusetts Serv Company Ma owns 81,081 shares. Rhumbline Advisers holds 0.03% in IPG Photonics Corporation (NASDAQ:IPGP) or 82,179 shares. Connor Clark And Lunn Invest Management Limited has invested 0% in IPG Photonics Corporation (NASDAQ:IPGP). Prentiss Smith And Incorporated holds 0.39% in IPG Photonics Corporation (NASDAQ:IPGP) or 3,532 shares. Stephens Inv Ltd Liability stated it has 0.12% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP).

Since August 3, 2017, it had 0 insider purchases, and 9 selling transactions for $16.86 million activity. On Friday, January 12 GAUTHIER HENRY E sold $1.29 million worth of IPG Photonics Corporation (NASDAQ:IPGP) or 5,000 shares. Shcherbakov Eugene A also sold $1.89 million worth of IPG Photonics Corporation (NASDAQ:IPGP) on Monday, October 16. Another trade for 10,000 shares valued at $1.63M was made by Mammen Timothy PV on Tuesday, August 8. On Thursday, August 24 HURLEY WILLIAM S sold $1.35M worth of IPG Photonics Corporation (NASDAQ:IPGP) or 8,167 shares. Ovtchinnikov Alexander had sold 12,000 shares worth $1.92 million.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on February, 13. They expect $1.70 earnings per share, up 22.30% or $0.31 from last year’s $1.39 per share. IPGP’s profit will be $91.15M for 38.13 P/E if the $1.70 EPS becomes a reality. After $2.11 actual earnings per share reported by IPG Photonics Corporation for the previous quarter, Wall Street now forecasts -19.43% negative EPS growth.

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