Old Mutual Global Investors Uk LTD Has Upped Coeur Mng (CDE) Holding by $1.23 Million as Stock Rose; Park West Asset Management Lowered Its Shutterfly (SFLY) Holding as Stock Price Rose

January 12, 2018 - By Hazel Jackson

Old Mutual Global Investors Uk Ltd increased its stake in Coeur Mng Inc (CDE) by 14.04% based on its latest 2017Q3 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd bought 136,617 shares as the company’s stock rose 6.31% with the market. The institutional investor held 1.11M shares of the basic industries company at the end of 2017Q3, valued at $10.20 million, up from 973,243 at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Coeur Mng Inc for a number of months, seems to be bullish on the $1.62B market cap company. The stock increased 4.19% or $0.35 during the last trading session, reaching $8.71. About 1.70M shares traded. Coeur Mining, Inc. (NYSE:CDE) has risen 21.49% since January 12, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

Peter S. Park decreased its stake in Shutterfly Inc (SFLY) by 28.89% based on its latest 2017Q3 regulatory filing with the SEC. Park West Asset Management Llc sold 595,116 shares as the company’s stock rose 3.72% with the market. The hedge fund run by Peter S. Park held 1.47 million shares of the miscellaneous company at the end of 2017Q3, valued at $71.03 million, down from 2.06M at the end of the previous reported quarter. Park West Asset Management Llc who had been investing in Shutterfly Inc for a number of months, seems to be less bullish one the $1.75 billion market cap company. The stock increased 1.49% or $0.78 during the last trading session, reaching $53.16. About 430,991 shares traded. Shutterfly, Inc. (NASDAQ:SFLY) has risen 9.83% since January 12, 2017 and is uptrending. It has underperformed by 6.87% the S&P500.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.64, from 1.65 in 2017Q2. It worsened, as 19 investors sold SFLY shares while 56 reduced holdings. 28 funds opened positions while 48 raised stakes. 33.36 million shares or 2.41% more from 32.58 million shares in 2017Q2 were reported. Nationwide Fund, a Pennsylvania-based fund reported 17,901 shares. Matarin Ltd Com holds 115,578 shares. Hbk LP accumulated 13,599 shares. Credit Suisse Ag, Switzerland-based fund reported 146,851 shares. Cipher Cap Ltd Partnership reported 0.37% in Shutterfly, Inc. (NASDAQ:SFLY). Ameritas has 0.01% invested in Shutterfly, Inc. (NASDAQ:SFLY) for 2,984 shares. State Teachers Retirement stated it has 0% in Shutterfly, Inc. (NASDAQ:SFLY). Texas Permanent School Fund holds 0.02% in Shutterfly, Inc. (NASDAQ:SFLY) or 24,359 shares. Ls Invest Advsr Limited Liability Corp holds 3,588 shares. Canada Pension Plan Inv Board holds 0.01% or 129,340 shares in its portfolio. Barclays Public Ltd Com holds 0% or 19,097 shares. Thrivent Fincl For Lutherans reported 0% in Shutterfly, Inc. (NASDAQ:SFLY). Franklin Resources owns 300,133 shares or 0.01% of their US portfolio. Jacobs Levy Equity Mgmt, New Jersey-based fund reported 200,808 shares. Dimensional Fund Ltd Partnership has 1.25M shares.

Since September 18, 2017, it had 0 insider purchases, and 5 sales for $2.03 million activity. 2,838 shares valued at $136,990 were sold by Lokuge Ishantha on Sunday, October 15. POPE MICHAEL W also sold $1.47 million worth of Shutterfly, Inc. (NASDAQ:SFLY) on Friday, October 27. $37,346 worth of stock was sold by BLACKWOOD-KAPRAL LISA on Saturday, December 30.

Analysts await Shutterfly, Inc. (NASDAQ:SFLY) to report earnings on February, 7. They expect $2.91 EPS, up 10.65% or $0.28 from last year’s $2.63 per share. SFLY’s profit will be $95.52 million for 4.57 P/E if the $2.91 EPS becomes a reality. After $-0.73 actual EPS reported by Shutterfly, Inc. for the previous quarter, Wall Street now forecasts -498.63% EPS growth.

Among 12 analysts covering Shutterfly (NASDAQ:SFLY), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Shutterfly had 30 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Thursday, April 28 by RBC Capital Markets. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, October 11. On Wednesday, November 30 the stock rating was initiated by Aegis Capital with “Buy”. Axiom Capital upgraded the stock to “Buy” rating in Thursday, October 27 report. Robert W. Baird maintained it with “Hold” rating and $5000 target in Tuesday, July 25 report. The rating was downgraded by Bank of America on Thursday, February 4 to “Neutral”. The stock of Shutterfly, Inc. (NASDAQ:SFLY) earned “Buy” rating by Needham on Thursday, February 4. The stock has “Outperform” rating by RBC Capital Markets on Thursday, February 4. The rating was downgraded by Needham to “Hold” on Thursday, February 2. The stock of Shutterfly, Inc. (NASDAQ:SFLY) has “Buy” rating given on Thursday, August 13 by Axiom Capital.

Park West Asset Management Llc, which manages about $1.77 billion and $1.68 billion US Long portfolio, upped its stake in Eldorado Resorts Inc (NASDAQ:ERI) by 50,205 shares to 2.20M shares, valued at $56.50 million in 2017Q3, according to the filing. It also increased its holding in Clipper Rlty Inc by 79,605 shares in the quarter, for a total of 686,785 shares, and has risen its stake in Masonite Intl Corp New (NYSE:DOOR).

Old Mutual Global Investors Uk Ltd, which manages about $9.56B US Long portfolio, decreased its stake in Kimberly Clark Corp (NYSE:KMB) by 5,565 shares to 1,957 shares, valued at $230,000 in 2017Q3, according to the filing. It also reduced its holding in Innoviva Inc by 40,197 shares in the quarter, leaving it with 49,557 shares, and cut its stake in Citizens Finl Group Inc (NYSE:CFG).

Since August 28, 2017, it had 0 insider purchases, and 5 sales for $597,655 activity. 9,500 shares were sold by Spurbeck Mark, worth $87,875. Mitchell Peter C. had sold 10,000 shares worth $76,700 on Monday, October 30. Rasmussen Hans John also sold $92,500 worth of Coeur Mining, Inc. (NYSE:CDE) shares.

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