Somerville Kurt F Trimmed Ipg Photonics (IPGP) Holding, Scoria Capital Partners LP Trimmed Independence Contract Dril I (ICD) Position

June 19, 2017 - By Marie Mckinney

Scoria Capital Partners Lp decreased Independence Contract Dril I (ICD) stake by 16.8% reported in 2016Q4 SEC filing. Scoria Capital Partners Lp sold 142,830 shares as Independence Contract Dril I (ICD)’s stock declined 24.83%. The Scoria Capital Partners Lp holds 707,170 shares with $4.74M value, down from 850,000 last quarter. Independence Contract Dril I now has $144.44 million valuation. The stock declined 1.31% or $0.05 reaching $3.77 per share. About 134,315 shares traded. Independence Contract Drilling Inc (NYSE:ICD) has risen 7.92% since June 19, 2016 and is uptrending. It has underperformed by 8.78% the S&P500.

Somerville Kurt F decreased Ipg Photonics (IPGP) stake by 14.76% reported in 2016Q4 SEC filing. Somerville Kurt F sold 9,645 shares as Ipg Photonics (IPGP)’s stock rose 13.78%. The Somerville Kurt F holds 55,720 shares with $5.50M value, down from 65,365 last quarter. Ipg Photonics now has $7.83B valuation. The stock rose 2.62% or $3.67 reaching $143.94. About 178,596 shares traded. IPG Photonics Corporation (NASDAQ:IPGP) has risen 67.64% since June 19, 2016 and is uptrending. It has outperformed by 50.94% the S&P500.

Since May 2, 2017, it had 0 insider buys, and 6 insider sales for $5.12 million activity. Shares for $3.22 million were sold by Valentin Gapontsev Trust I on Tuesday, May 9. The insider Samartsev Igor sold 2,000 shares worth $280,280. SEIFERT THOMAS J had sold 3,950 shares worth $552,487 on Thursday, June 1. Lopresti Angelo P sold $638,388 worth of stock or 4,626 shares.

Among 11 analysts covering IPG Photonics (NASDAQ:IPGP), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. IPG Photonics had 18 analyst reports since September 15, 2015 according to SRatingsIntel. The rating was maintained by Benchmark with “Buy” on Wednesday, February 15. The firm has “Outperform” rating by FBR Capital given on Wednesday, November 11. FBR Capital initiated the shares of IPGP in report on Wednesday, May 11 with “Market Perform” rating. The stock of IPG Photonics Corporation (NASDAQ:IPGP) earned “Buy” rating by Needham on Tuesday, October 13. The firm earned “Buy” rating on Wednesday, October 28 by Benchmark. Canaccord Genuity initiated the shares of IPGP in report on Tuesday, September 15 with “Hold” rating. The firm earned “Outperform” rating on Friday, April 29 by Credit Agricole. Canaccord Genuity upgraded the shares of IPGP in report on Wednesday, June 29 to “Buy” rating. Dougherty & Company upgraded it to “Buy” rating and $137 target in Wednesday, February 15 report. The firm has “Buy” rating given on Tuesday, June 6 by Longbow.

Analysts await IPG Photonics Corporation (NASDAQ:IPGP) to report earnings on July, 27. They expect $1.65 EPS, up 32.00% or $0.40 from last year’s $1.25 per share. IPGP’s profit will be $89.76 million for 21.81 P/E if the $1.65 EPS becomes a reality. After $1.38 actual EPS reported by IPG Photonics Corporation for the previous quarter, Wall Street now forecasts 19.57% EPS growth.

Investors sentiment decreased to 0.96 in Q4 2016. Its down 0.29, from 1.25 in 2016Q3. It fall, as 20 investors sold IPGP shares while 106 reduced holdings. 38 funds opened positions while 83 raised stakes. 30.61 million shares or 0.33% less from 30.71 million shares in 2016Q3 were reported. Sands Capital Mgmt Limited Liability has invested 0.02% in IPG Photonics Corporation (NASDAQ:IPGP). Arizona State Retirement Sys owns 14,388 shares or 0.02% of their US portfolio. Granahan Invest Management Ma holds 0.39% or 114,779 shares in its portfolio. Moreover, State Board Of Administration Of Florida Retirement Systems has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP). Rice Hall James Associate Llc accumulated 26,395 shares or 0.13% of the stock. Sei Investments Com, Pennsylvania-based fund reported 34,730 shares. Assetmark holds 0% of its portfolio in IPG Photonics Corporation (NASDAQ:IPGP) for 27 shares. Blackrock Institutional Na owns 1.09M shares for 0.02% of their portfolio. 5,990 are held by Kcg Holding Inc. 86 were accumulated by Northwestern Mutual Wealth Mgmt. 4,535 were reported by Advantus Cap Management. Johnson Counsel reported 0.1% in IPG Photonics Corporation (NASDAQ:IPGP). Price T Rowe Incorporated Md reported 95,633 shares or 0% of all its holdings. 124,140 are owned by Reynders Mcveigh Cap Ltd Liability Corp. Moreover, Ibm Retirement Fund has 0.01% invested in IPG Photonics Corporation (NASDAQ:IPGP) for 2,831 shares.

Analysts await Independence Contract Drilling Inc (NYSE:ICD) to report earnings on July, 27. They expect $-0.11 earnings per share, down 57.14% or $0.04 from last year’s $-0.07 per share. After $-0.14 actual earnings per share reported by Independence Contract Drilling Inc for the previous quarter, Wall Street now forecasts -21.43% EPS growth.

Among 7 analysts covering Independence Contract Drilling (NYSE:ICD), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Independence Contract Drilling had 14 analyst reports since August 10, 2015 according to SRatingsIntel. ValuEngine downgraded Independence Contract Drilling Inc (NYSE:ICD) on Monday, May 29 to “Sell” rating. The firm has “Overweight” rating by CapitalOne given on Tuesday, February 28. As per Wednesday, February 24, the company rating was maintained by FBR Capital. The company was maintained on Wednesday, December 28 by FBR Capital. The firm earned “Accumulate” rating on Wednesday, September 9 by Tudor Pickering. The firm has “Buy” rating given on Thursday, September 15 by DA Davidson. As per Tuesday, April 19, the company rating was maintained by Morgan Stanley. On Monday, August 10 the stock rating was downgraded by Zacks to “Buy”. As per Tuesday, November 29, the company rating was upgraded by Tudor Pickering. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 30 report.

Investors sentiment decreased to 1.82 in Q4 2016. Its down 0.01, from 1.83 in 2016Q3. It turned negative, as 6 investors sold ICD shares while 22 reduced holdings. 24 funds opened positions while 27 raised stakes. 28.81 million shares or 4.62% more from 27.54 million shares in 2016Q3 were reported. Viking Fund Mgmt Ltd Liability Corporation, a North Dakota-based fund reported 500,000 shares. Van Eck Assocs Corporation has 1.71M shares for 0.06% of their portfolio. 76,600 were reported by Renaissance Tech Limited. State Common Retirement Fund invested in 0% or 15,100 shares. Jennison Assoc Lc has 2.09 million shares for 0.02% of their portfolio. Boothbay Fund Ltd Liability holds 0.03% of its portfolio in Independence Contract Drilling Inc (NYSE:ICD) for 13,000 shares. 19,854 are owned by Bank Of Montreal Can. Adage Cap Prtnrs Group Incorporated Limited Liability Company has 0.05% invested in Independence Contract Drilling Inc (NYSE:ICD). Deprince Race Zollo invested in 0.01% or 50,000 shares. Legal & General Grp Public Ltd Com holds 0% in Independence Contract Drilling Inc (NYSE:ICD) or 5,067 shares. Jpmorgan Chase holds 0% or 50,670 shares in its portfolio. Vanguard Grp Inc Inc reported 0% stake. Brandywine Inv Mgmt Lc has invested 0.04% in Independence Contract Drilling Inc (NYSE:ICD). American stated it has 0% in Independence Contract Drilling Inc (NYSE:ICD). Glg Prtn Lp invested in 0.01% or 51,405 shares.

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