Mitsubishi Ufj Securities Holdings Company Increased Its Nvidia (NVDA) Position by $444,960; Share Price Rose; Clarkston Capital Partners Has Trimmed Its Position in Lpl Finl Hldgs (LPLA) as Share Price Declined

December 16, 2017 - By Maria Brooks

Mitsubishi Ufj Securities Holdings Company increased its stake in Nvidia Corp (NVDA) by 110.75% based on its latest 2017Q2 regulatory filing with the SEC. Mitsubishi Ufj Securities Holdings Company bought 3,090 shares as the company’s stock rose 26.83% with the market. The institutional investor held 5,880 shares of the semiconductors company at the end of 2017Q2, valued at $850,000, up from 2,790 at the end of the previous reported quarter. Mitsubishi Ufj Securities Holdings Company who had been investing in Nvidia Corp for a number of months, seems to be bullish on the $116.09 billion market cap company. The stock increased 2.73% or $5.09 during the last trading session, reaching $191.56. About 16.75M shares traded or 10.50% up from the average. NVIDIA Corporation (NASDAQ:NVDA) has risen 212.28% since December 16, 2016 and is uptrending. It has outperformed by 195.58% the S&P500.

Clarkston Capital Partners Llc decreased its stake in Lpl Finl Hldgs Inc (LPLA) by 7.86% based on its latest 2017Q2 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 223,160 shares as the company’s stock declined 1.46% while stock markets rallied. The institutional investor held 2.62M shares of the investment bankers and brokers and service company at the end of 2017Q2, valued at $111.13 million, down from 2.84M at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Lpl Finl Hldgs Inc for a number of months, seems to be less bullish one the $5.04B market cap company. The stock increased 1.91% or $1.05 during the last trading session, reaching $55.95. About 741,840 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since December 16, 2016 and is uptrending. It has outperformed by 47.53% the S&P500.

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. LPL Financial Holdings had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Neutral” rating by SunTrust on Thursday, June 2. The rating was maintained by SunTrust with “Buy” on Friday, October 27. Keefe Bruyette & Woods maintained LPL Financial Holdings Inc. (NASDAQ:LPLA) on Monday, June 5 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, January 10 by Goldman Sachs. The firm earned “Neutral” rating on Monday, August 22 by Credit Suisse. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Neutral” rating given on Thursday, November 10 by UBS. Citigroup maintained the stock with “Buy” rating in Monday, October 30 report. The stock has “Underweight” rating by Morgan Stanley on Thursday, October 5. The stock has “Buy” rating by Credit Suisse on Thursday, November 30. The company was maintained on Friday, August 14 by Citigroup.

Clarkston Capital Partners Llc, which manages about $457.76 million and $2.24B US Long portfolio, upped its stake in Mccormick & Co Inc (NYSE:MKC) by 52,949 shares to 459,900 shares, valued at $44.85M in 2017Q2, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 19,725 shares in the quarter, for a total of 282,825 shares, and has risen its stake in Emerson Elec Co (NYSE:EMR).

Investors sentiment decreased to 1.27 in Q2 2017. Its down 0.05, from 1.32 in 2017Q1. It dropped, as 21 investors sold LPLA shares while 56 reduced holdings. 36 funds opened positions while 62 raised stakes. 80.24 million shares or 0.73% less from 80.83 million shares in 2017Q1 were reported. Sei Investments Com stated it has 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). State Of Wisconsin Board accumulated 17,588 shares. Invesco Ltd reported 0.03% stake. Bnp Paribas Arbitrage reported 0.01% stake. Sawgrass Asset Management Ltd Limited Liability Company owns 7,765 shares. 1.48M are held by Samlyn Capital Limited Liability Corp. Brown Brothers Harriman & holds 0.04% or 167,000 shares in its portfolio. Hbk Investments Ltd Partnership accumulated 6,126 shares. Prudential Financial Inc holds 441,404 shares or 0.03% of its portfolio. Paloma Ptnrs invested 0.01% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA). First Limited Partnership holds 261,783 shares. State Street holds 1.25M shares. Fairview Capital Management Ltd Liability Company accumulated 4.35 million shares or 12.09% of the stock. Voya Inv Ltd Liability holds 34,032 shares. Moreover, State Board Of Administration Of Florida Retirement Systems has 0.01% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA).

Analysts await LPL Financial Holdings Inc. (NASDAQ:LPLA) to report earnings on February, 8. They expect $0.41 EPS, down 10.87% or $0.05 from last year’s $0.46 per share. LPLA’s profit will be $36.96M for 34.12 P/E if the $0.41 EPS becomes a reality. After $0.63 actual EPS reported by LPL Financial Holdings Inc. for the previous quarter, Wall Street now forecasts -34.92% negative EPS growth.

Mitsubishi Ufj Securities Holdings Company, which manages about $18.71 million US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (SPY) by 2,820 shares to 2,880 shares, valued at $696,000 in 2017Q2, according to the filing.

Since August 14, 2017, it had 0 insider buys, and 10 sales for $81.44 million activity. 16,281 shares were sold by PERRY MARK L, worth $2.64M on Monday, August 14. JONES HARVEY C sold $18.57M worth of stock or 100,000 shares. The insider Kress Colette sold $4.23M. $9.48M worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by COXE TENCH on Monday, September 18. The insider STEVENS MARK A sold $15.02 million. $18.27M worth of NVIDIA Corporation (NASDAQ:NVDA) was sold by HUANG JEN HSUN.

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