1492 Capital Management Holding in Oclaro (OCLR) Trimmed by $445,384; Capital Wealth Planning Stake in The Travelers Companies (TRV) Has Decreased by $23.59 Million

February 21, 2018 - By Adrian Mccoy

Capital Wealth Planning Llc decreased its stake in The Travelers Companies Inc (TRV) by 95.11% based on its latest 2017Q3 regulatory filing with the SEC. Capital Wealth Planning Llc sold 193,355 shares as the company’s stock declined 0.95% while stock markets rallied. The institutional investor held 9,950 shares of the finance company at the end of 2017Q3, valued at $1.22M, down from 203,305 at the end of the previous reported quarter. Capital Wealth Planning Llc who had been investing in The Travelers Companies Inc for a number of months, seems to be less bullish one the $37.88 billion market cap company. The stock increased 0.34% or $0.47 during the last trading session, reaching $139.54. About 777,921 shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 9.71% since February 21, 2017 and is uptrending. It has underperformed by 6.99% the S&P500.

1492 Capital Management Llc decreased its stake in Oclaro Inc (OCLR) by 15.31% based on its latest 2017Q3 regulatory filing with the SEC. 1492 Capital Management Llc sold 55,673 shares as the company’s stock declined 22.87% while stock markets rallied. The institutional investor held 307,881 shares of the technology company at the end of 2017Q3, valued at $2.66 million, down from 363,554 at the end of the previous reported quarter. 1492 Capital Management Llc who had been investing in Oclaro Inc for a number of months, seems to be less bullish one the $1.17B market cap company. The stock increased 0.22% or $0.01 during the last trading session, reaching $6.91. About 1.43 million shares traded. Oclaro, Inc. (NASDAQ:OCLR) has risen 92.74% since February 21, 2017 and is uptrending. It has outperformed by 76.04% the S&P500.

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on April, 19. They expect $2.80 EPS, up 29.63% or $0.64 from last year’s $2.16 per share. TRV’s profit will be $760.00 million for 12.46 P/E if the $2.80 EPS becomes a reality. After $2.28 actual EPS reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 22.81% EPS growth.

Among 17 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Travelers had 54 analyst reports since July 22, 2015 according to SRatingsIntel. Goldman Sachs downgraded The Travelers Companies, Inc. (NYSE:TRV) on Tuesday, January 10 to “Sell” rating. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Neutral” rating given on Wednesday, November 1 by UBS. The firm earned “Neutral” rating on Monday, June 19 by Bank of America. UBS maintained it with “Neutral” rating and $125 target in Tuesday, September 19 report. The firm has “Outperform” rating by Macquarie Research given on Tuesday, January 17. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, August 17. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Underweight” rating given on Friday, October 20 by Morgan Stanley. Wood maintained the stock with “Hold” rating in Friday, May 26 report. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Buy” rating by RBC Capital Markets on Friday, December 8. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, September 20.

1492 Capital Management Llc, which manages about $188.45M and $113.10 million US Long portfolio, upped its stake in Ultimate Software Group Inc (NASDAQ:ULTI) by 1,932 shares to 4,002 shares, valued at $759,000 in 2017Q3, according to the filing. It also increased its holding in Therapeuticsmd Inc (NYSEMKT:TXMD) by 181,115 shares in the quarter, for a total of 390,702 shares, and has risen its stake in Covenant Transn Group Inc (NASDAQ:CVTI).

Among 18 analysts covering Oclaro Inc (NASDAQ:OCLR), 13 have Buy rating, 1 Sell and 4 Hold. Therefore 72% are positive. Oclaro Inc had 51 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Tuesday, February 6 by B. Riley & Co. The stock has “Buy” rating by Jefferies on Monday, October 3. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, September 6. Jefferies maintained Oclaro, Inc. (NASDAQ:OCLR) on Friday, June 9 with “Buy” rating. The rating was maintained by Northland Capital on Monday, January 29 with “Buy”. M Partners maintained Oclaro, Inc. (NASDAQ:OCLR) rating on Wednesday, November 2. M Partners has “Buy” rating and $11 target. Northland Capital maintained it with “Buy” rating and $12.75 target in Friday, September 15 report. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, August 23. The firm has “Sell” rating given on Wednesday, January 31 by UBS. The firm has “Buy” rating by M Partners given on Tuesday, February 6.

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