First Dallas Securities Has Cut Its General Motors Co (GM) Stake; Kornit Digital Ltd. (KRNT) Had 5 Bulls

December 18, 2017 - By Maria Brooks

First Dallas Securities Inc decreased General Motors Co (GM) stake by 17.24% reported in 2017Q2 SEC filing. First Dallas Securities Inc sold 11,582 shares as General Motors Co (GM)’s stock declined 12.09%. The First Dallas Securities Inc holds 55,601 shares with $1.94 million value, down from 67,183 last quarter. General Motors Co now has $58.17B valuation. The stock increased 0.34% or $0.14 during the last trading session, reaching $40.95. About 24.49M shares traded or 73.08% up from the average. General Motors Company (NYSE:GM) has risen 7.92% since December 18, 2016 and is uptrending. It has underperformed by 8.78% the S&P500.

Among 6 analysts covering Kornit Digital (NASDAQ:KRNT), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Kornit Digital had 16 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Kornit Digital Ltd. (NASDAQ:KRNT) has “Neutral” rating given on Wednesday, September 27 by Citigroup. The stock of Kornit Digital Ltd. (NASDAQ:KRNT) earned “Overweight” rating by Barclays Capital on Wednesday, September 27. Canaccord Genuity maintained Kornit Digital Ltd. (NASDAQ:KRNT) on Wednesday, September 27 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Wednesday, August 5 with “Buy”. The firm earned “Hold” rating on Tuesday, August 11 by Zacks. On Friday, August 18 the stock rating was maintained by Canaccord Genuity with “Buy”. Craig Hallum maintained the stock with “Buy” rating in Wednesday, September 27 report. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, September 27. The firm has “Buy” rating given on Wednesday, June 21 by Canaccord Genuity. Needham maintained the stock with “Buy” rating in Monday, August 17 report. See Kornit Digital Ltd. (NASDAQ:KRNT) latest ratings:

15/11/2017 Broker: Barclays Capital Rating: Buy New Target: $17.0 Maintain
08/11/2017 Broker: Barclays Capital Rating: Overweight Old Target: $18 New Target: $17 Maintain
27/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $18.0 Maintain
27/09/2017 Broker: Barclays Capital Rating: Overweight Old Target: $22 New Target: $18 Maintain
27/09/2017 Broker: Canaccord Genuity Rating: Buy Old Target: $24 New Target: $18 Maintain
27/09/2017 Broker: Craig Hallum Rating: Buy New Target: $20.0 Maintain
27/09/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
14/09/2017 Broker: Needham Rating: Buy New Target: $22.0 Maintain
18/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $24.0 Maintain
07/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $24.0000 Maintain

Kornit Digital Ltd. designs, develops, and markets digital printing solutions for printed textile industry. The company has market cap of $531.33 million. It offers direct-to-garment printers from smaller commercial operators to mass producers; NeoPigment ink and other consumables; Vulcan, a digital substitution for carousel screen printing; Allegro roll to roll printers; QuickP Designer software; and value added services, such as maintenance and support, and professional services. It currently has negative earnings. The firm serves decorators, online businesses, brand owners, and contract printers.

The stock decreased 1.87% or $0.3 during the last trading session, reaching $15.75. About 140,299 shares traded. Kornit Digital Ltd. (NASDAQ:KRNT) has risen 105.20% since December 18, 2016 and is uptrending. It has outperformed by 88.50% the S&P500.

Investors sentiment decreased to 0.87 in Q2 2017. Its down 0.15, from 1.02 in 2017Q1. It turned negative, as 75 investors sold GM shares while 286 reduced holdings. 71 funds opened positions while 297 raised stakes. 1.03 billion shares or 4.93% less from 1.08 billion shares in 2017Q1 were reported. Wealthtrust Axiom Lc has invested 0.3% of its portfolio in General Motors Company (NYSE:GM). Hotchkis Wiley Mgmt Llc, a California-based fund reported 9.24 million shares. Davenport Ltd Liability has 1.02M shares. Nordea Inv has 0.12% invested in General Motors Company (NYSE:GM) for 1.36 million shares. Westwood Hldg Gru reported 17,665 shares stake. Citadel Advsrs Limited Liability Corp holds 0.03% or 1.02M shares in its portfolio. Blue Chip Prtnrs reported 74,749 shares or 0.91% of all its holdings. Advantus Cap Mgmt accumulated 138,579 shares. 182,061 were accumulated by Livforsakringsbolaget Skandia Omsesidigt. Raymond James And Associates invested 0.06% of its portfolio in General Motors Company (NYSE:GM). Oppenheimer And Inc holds 0.11% in General Motors Company (NYSE:GM) or 111,338 shares. Grantham Mayo Van Otterloo Ltd Co has invested 0.56% in General Motors Company (NYSE:GM). East Coast Asset Management Ltd Liability Com reported 6,030 shares or 0.06% of all its holdings. Peddock Cap Advsrs Ltd Liability holds 2,218 shares or 0.04% of its portfolio. Qs Invsts Limited Liability Corp holds 0.03% of its portfolio in General Motors Company (NYSE:GM) for 90,731 shares.

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