Profund Advisors Has Lifted Logmein (LOGM) Stake By $612,920; Donegal Group (DGICA)’s Sentiment Is 0.83

January 16, 2018 - By Winifred Garcia

Donegal Group Inc., an insurance holding company, provides property and casualty insurance to businesses and individuals in the Mid-Atlantic, Midwestern, New England, and southern states. The company has market cap of $475.22 million. It operates through four divisions: Investment Function, Personal Lines of Insurance, Commercial Lines of Insurance, and Investment in DFSC. It has a 32.12 P/E ratio. The firm offers private passenger automobile policies that provide protection against liability for bodily injury and property damage arising from automobile accidents, as well as protection against loss from damage to automobiles.

Profund Advisors Llc increased Logmein Inc (LOGM) stake by 25.01% reported in 2017Q3 SEC filing. Profund Advisors Llc acquired 5,572 shares as Logmein Inc (LOGM)’s stock rose 17.94%. The Profund Advisors Llc holds 27,851 shares with $3.07M value, up from 22,279 last quarter. Logmein Inc now has $6.27B valuation. The stock decreased 1.49% or $1.8 during the last trading session, reaching $119.2. About 319,933 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since January 16, 2017 and is uptrending. It has outperformed by 85.16% the S&P500.

Profund Advisors Llc decreased Philip Morris Intl Inc (NYSE:PM) stake by 8,548 shares to 37,757 valued at $4.19M in 2017Q3. It also reduced Tjx Cos Inc New (NYSE:TJX) stake by 4,960 shares and now owns 18,479 shares. Applied Matls Inc (NASDAQ:AMAT) was reduced too.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.31, from 1.02 in 2017Q2. It increased, as 33 investors sold LOGM shares while 100 reduced holdings. 50 funds opened positions while 127 raised stakes. 51.03 million shares or 4.65% more from 48.76 million shares in 2017Q2 were reported. 18,755 were accumulated by Ami Asset Corporation. Verition Fund Mgmt reported 7,409 shares. Trexquant Invest LP holds 10,542 shares or 0.29% of its portfolio. Morgan Stanley accumulated 0% or 143,802 shares. Moreover, Teacher Retirement Sys Of Texas has 0% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 4,341 shares. Arrowstreet Limited Partnership reported 0% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Citigroup holds 0% in LogMeIn, Inc. (NASDAQ:LOGM) or 7,713 shares. Clough Cap Prtn LP has invested 0.92% in LogMeIn, Inc. (NASDAQ:LOGM). Texas Permanent School Fund holds 0.05% or 38,460 shares. Ratan LP has 76,226 shares. Nordea Investment Mgmt Ab invested in 0% or 11,612 shares. 431,351 were accumulated by Ameriprise. Dupont Mngmt accumulated 10,147 shares. Gardner Lewis Asset Mgmt Limited Partnership holds 19,590 shares. Prelude Capital Mngmt Limited Liability Co reported 5,085 shares.

Since August 1, 2017, it had 0 buys, and 7 insider sales for $7.92 million activity. Wagner William Raymond also sold $533,581 worth of LogMeIn, Inc. (NASDAQ:LOGM) shares. Ford W. Sean sold $1.65 million worth of stock. Shares for $2.33 million were sold by Simon Michael K. Herdiech Edward K. sold 6,354 shares worth $747,626. Battles Christopher had sold 721 shares worth $84,922. Benson Steven J. sold 3,016 shares worth $336,591.

Among 13 analysts covering LogMeIn (NASDAQ:LOGM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. LogMeIn had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Outperform” rating by RBC Capital Markets on Friday, July 24. Northland Capital maintained the stock with “Buy” rating in Thursday, July 27 report. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Outperform” rating given on Friday, April 7 by Cowen & Co. The company was maintained on Friday, April 29 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, October 8 report. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Friday, July 28 report. The company was maintained on Friday, February 12 by RBC Capital Markets. The rating was maintained by Northland Capital on Friday, July 24 with “Outperform”. The firm has “Sector Weight” rating by Pacific Crest given on Wednesday, July 27. The firm earned “Buy” rating on Thursday, August 31 by Cowen & Co.

Philadelphia Trust Co holds 0.78% of its portfolio in Donegal Group Inc. for 588,168 shares. Logan Capital Management Inc owns 223,703 shares or 0.26% of their US portfolio. Moreover, Old Republic International Corp has 0.25% invested in the company for 477,100 shares. The Pennsylvania-based Minerva Advisors Llc has invested 0.24% in the stock. Kennedy Capital Management Inc., a Missouri-based fund reported 601,818 shares.

Analysts await Donegal Group Inc. (NASDAQ:DGICA) to report earnings on February, 16. They expect $0.39 EPS, up 95.00% or $0.19 from last year’s $0.2 per share. DGICA’s profit will be $10.44 million for 11.38 P/E if the $0.39 EPS becomes a reality. After $0.25 actual EPS reported by Donegal Group Inc. for the previous quarter, Wall Street now forecasts 56.00% EPS growth.

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