White Pine Capital Decreased By $390,375 Its Renewable Energy Group (REGI) Holding; Convergys (CVG) Shorts Increased By 4.97%

June 19, 2017 - By Linda Rogers

White Pine Capital Llc decreased Renewable Energy Group Inc (REGI) stake by 75.34% reported in 2016Q4 SEC filing. White Pine Capital Llc sold 43,375 shares as Renewable Energy Group Inc (REGI)’s stock rose 26.67%. The White Pine Capital Llc holds 14,200 shares with $138,000 value, down from 57,575 last quarter. Renewable Energy Group Inc now has $470.75 million valuation. The stock declined 2.83% or $0.35 reaching $12.02 per share. About 207,459 shares traded. Renewable Energy Group Inc (NASDAQ:REGI) has risen 22.06% since June 19, 2016 and is uptrending. It has outperformed by 5.36% the S&P500.

Convergys Corporation (NYSE:CVG) had an increase of 4.97% in short interest. CVG’s SI was 7.47M shares in June as released by FINRA. Its up 4.97% from 7.11M shares previously. With 971,200 avg volume, 8 days are for Convergys Corporation (NYSE:CVG)’s short sellers to cover CVG’s short positions. The SI to Convergys Corporation’s float is 7.99%. About 166,988 shares traded. Convergys Corp (NYSE:CVG) has declined 10.85% since June 19, 2016 and is downtrending. It has underperformed by 27.55% the S&P500.

Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.12, from 1.01 in 2016Q3. It is positive, as 33 investors sold Convergys Corp shares while 88 reduced holdings. 40 funds opened positions while 97 raised stakes. 90.59 million shares or 1.79% less from 92.24 million shares in 2016Q3 were reported. Weaver C Barksdale Associate owns 0.03% invested in Convergys Corp (NYSE:CVG) for 659 shares. Utd Svcs Automobile Association, Texas-based fund reported 25,770 shares. Blackrock Inv Management Limited Company stated it has 0.02% of its portfolio in Convergys Corp (NYSE:CVG). Point72 Asia (Hong Kong) Ltd stated it has 0.09% of its portfolio in Convergys Corp (NYSE:CVG). Sei Invs invested in 0% or 39,623 shares. First Mercantile Trust Company reported 0.02% stake. 37,019 are held by Bnp Paribas Arbitrage Sa. Dean Capital Mgmt holds 2.5% or 128,527 shares in its portfolio. Guggenheim Capital Limited Co reported 0% stake. Citadel Advsr Ltd Limited Liability Company owns 259,265 shares for 0.01% of their portfolio. Suntrust Banks holds 0% or 17,652 shares in its portfolio. Schwab Charles Investment Mngmt Inc reported 0.02% stake. Trillium Asset Mgmt Ltd holds 58,496 shares or 0.09% of its portfolio. Cubist Systematic Strategies Lc has 0.1% invested in Convergys Corp (NYSE:CVG). Glenmede Communication Na owns 90,475 shares for 0.01% of their portfolio.

Convergys Corporation is engaged in customer experience outsourcing. The company has market cap of $2.27 billion. The Company’s geographical divisions include North America and Rest of World. It has a 19.51 P/E ratio. The Firm offers services across industries, including communications and media, technology, financial services, retail, government and healthcare.

Among 5 analysts covering Convergys Corp (NYSE:CVG), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Convergys Corp had 9 analyst reports since August 14, 2015 according to SRatingsIntel. Sidoti upgraded Convergys Corp (NYSE:CVG) on Wednesday, January 6 to “Buy” rating. SunTrust downgraded Convergys Corp (NYSE:CVG) on Wednesday, February 15 to “Hold” rating. Sidoti downgraded the stock to “Neutral” rating in Wednesday, October 21 report. The stock of Convergys Corp (NYSE:CVG) has “Neutral” rating given on Monday, April 4 by Sidoti. On Friday, September 4 the stock rating was upgraded by Zacks to “Hold”. The firm earned “Market Perform” rating on Thursday, February 25 by Wells Fargo. Citigroup maintained Convergys Corp (NYSE:CVG) rating on Wednesday, August 10. Citigroup has “Neutral” rating and $30 target. The rating was upgraded by Zacks to “Sell” on Wednesday, August 26. The stock of Convergys Corp (NYSE:CVG) earned “Sell” rating by Zacks on Friday, August 14.

Since March 6, 2017, it had 0 buys, and 5 sales for $1.53 million activity. Another trade for 4,579 shares valued at $113,431 was sold by GIBBS JOSEPH E. The insider FOX JEFFREY H sold $371,520. Another trade for 6,412 shares valued at $155,427 was made by Greenwald Taylor C on Thursday, June 1. $637,155 worth of Convergys Corp (NYSE:CVG) was sold by Ayers Andrea J..

Among 3 analysts covering Renewable Energy (NASDAQ:REGI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Renewable Energy had 6 analyst reports since August 5, 2015 according to SRatingsIntel. On Thursday, November 3 the stock rating was downgraded by Piper Jaffray to “Neutral”. Zacks upgraded it to “Hold” rating and $11 target in Friday, August 7 report. On Friday, May 5 the stock rating was upgraded by Canaccord Genuity to “Buy”. The stock of Renewable Energy Group Inc (NASDAQ:REGI) has “Neutral” rating given on Thursday, November 3 by PiperJaffray. As per Wednesday, August 5, the company rating was maintained by Canaccord Genuity.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.54, from 0.7 in 2016Q3. It improved, as 14 investors sold REGI shares while 40 reduced holdings. 30 funds opened positions while 37 raised stakes. 36.60 million shares or 2.18% more from 35.82 million shares in 2016Q3 were reported. Millennium Management Limited Co invested in 620,891 shares or 0.01% of the stock. Natl Bank Of New York Mellon accumulated 0% or 228,342 shares. Systematic Limited Partnership holds 0.03% in Renewable Energy Group Inc (NASDAQ:REGI) or 174,470 shares. Morgan Stanley reported 224,435 shares. Tiaa Cref Inv Mngmt Ltd reported 207,728 shares. Strs Ohio holds 0% or 72,000 shares. The New Jersey-based Kcg Inc has invested 0% in Renewable Energy Group Inc (NASDAQ:REGI). Investec Asset invested 0% in Renewable Energy Group Inc (NASDAQ:REGI). Private Management Gru holds 0.32% or 577,501 shares. Lsv Asset Mgmt accumulated 1.34M shares. Aqr Cap Mgmt Ltd Liability Corporation invested in 0% or 84,912 shares. Intll Gp invested in 24,898 shares. Stevens Cap Mgmt Ltd Partnership owns 11,310 shares. Hutchin Hill Capital Limited Partnership holds 0.03% or 75,500 shares. Franklin Res Inc invested 0% of its portfolio in Renewable Energy Group Inc (NASDAQ:REGI).

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