As Maxim Integrated Products (MXIM) Stock Value Declined, Eagle Asset Management Upped Stake; As Service Intl (SCI) Share Value Declined, Stratos Wealth Partners LTD Cut Its Stake

June 13, 2018 - By Kurt Siggers

Maxim Integrated Products, Inc. (NASDAQ:MXIM) Logo

Eagle Asset Management Inc increased its stake in Maxim Integrated Products (MXIM) by 1145.41% based on its latest 2018Q1 regulatory filing with the SEC. Eagle Asset Management Inc bought 650,454 shares as the company’s stock declined 5.34% with the market. The institutional investor held 707,242 shares of the technology company at the end of 2018Q1, valued at $42.59M, up from 56,788 at the end of the previous reported quarter. Eagle Asset Management Inc who had been investing in Maxim Integrated Products for a number of months, seems to be bullish on the $17.12 billion market cap company. The stock increased 0.59% or $0.36 during the last trading session, reaching $61.22. About 664,961 shares traded. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 23.96% since June 13, 2017 and is uptrending. It has outperformed by 11.39% the S&P500. Some Historical MXIM News: 03/05/2018 – Maxim Integrated Presenting at JPMorgan Conference May 15; 08/05/2018 – MAXIM POWER CORP – BELIEVES DEVELOPMENT OF ADDITIONAL GENERATING CAPACITY AT MILNER SITE PRODUCES BEST RISK-ADJUSTED RETURN FOR MAXIM SHAREHOLDERS; 26/04/2018 – MAXIM INTEGRATED PRODUCTS INC – SEES FOR JUNE 2018 QUARTER EPS $0.67 TO $0.73 EXCLUDING SPECIAL ITEMS; 05/03/2018 Beyond Commerce, Inc. Retains Maxim Group, LLC; 24/04/2018 – Applied DNA Sciences Coverage Assumed by Maxim Group at Buy; 07/03/2018 – Control4 Non-Deal Roadshow Scheduled By Maxim for Mar. 14-15; 26/04/2018 – MAXIM INTEGRATED SEES 4Q ADJ EPS 67C TO 73C, EST. 70C; 29/05/2018 – Maxim Provides Industry’s First True Fault Protection Solution for High-Speed USB Ports and Industrial Voltage Applications; 26/04/2018 – Global Cranes Market Forecasts to 2023 – Major Players are Mammoet, Sarens, Lampson International, Maxim Crane Works and Siemens – ResearchAndMarkets.com; 26/04/2018 – MAXIM INTEGRATED PRODUCTS INC – SEES FOR JUNE 2018 QUARTER EPS $0.62 TO $0.68 GAAP

Stratos Wealth Partners Ltd decreased its stake in Service Corp Intl (SCI) by 94.23% based on its latest 2018Q1 regulatory filing with the SEC. Stratos Wealth Partners Ltd sold 26,338 shares as the company’s stock declined 2.40% with the market. The institutional investor held 1,612 shares of the other consumer services company at the end of 2018Q1, valued at $61,000, down from 27,950 at the end of the previous reported quarter. Stratos Wealth Partners Ltd who had been investing in Service Corp Intl for a number of months, seems to be less bullish one the $6.58B market cap company. The stock decreased 1.62% or $0.59 during the last trading session, reaching $35.91. About 480,972 shares traded. Service Corporation International (NYSE:SCI) has risen 16.60% since June 13, 2017 and is uptrending. It has outperformed by 4.03% the S&P500. Some Historical SCI News: 15/05/2018 – Service Corp Presenting at Bank of America Conference Tomorrow; 25/04/2018 – Service Corp 1Q EPS 43c; 23/03/2018 – Health Care Service Corporation and KaBOOM! Celebrate 100th Playspace; 09/05/2018 – Service Corporation International Declares Quarterly Cash Dividend; 15/05/2018 – MOODY’S RATES CARRIAGE SERVICES CFR AT B1 AND SENIOR UNSECURED AT B2; OUTLOOK STABLE; 25/04/2018 – Service Corp 1Q Rev $794.5M; 27/03/2018 – SINOPEC OILFIELD SERVICE CORP – CHEN WEIDONG AND DONG XIUCHENG HAVE BEEN PROPOSED TO BE APPOINTED AS INEDS OF NINTH SESSION OF BOARD; 25/04/2018 – SERVICE CORP 1Q REV. $794.5M, EST. $805.8M; 07/03/2018 Report: Exploring Fundamental Drivers Behind Service Corporation International, CorVel, Boyd Gaming, Leucadia National, MGIC In; 07/03/2018 – Service Corporation International Receives ‘Great Place to Work®’ Certification

Analysts await Service Corporation International (NYSE:SCI) to report earnings on July, 25. They expect $0.43 EPS, up 22.86% or $0.08 from last year’s $0.35 per share. SCI’s profit will be $78.84M for 20.88 P/E if the $0.43 EPS becomes a reality. After $0.47 actual EPS reported by Service Corporation International for the previous quarter, Wall Street now forecasts -8.51% negative EPS growth.

Investors sentiment decreased to 1.16 in Q1 2018. Its down 0.24, from 1.4 in 2017Q4. It dropped, as 22 investors sold SCI shares while 104 reduced holdings. 51 funds opened positions while 95 raised stakes. 151.40 million shares or 1.15% less from 153.16 million shares in 2017Q4 were reported. Glenmede Tru Company Na stated it has 114,717 shares or 0.02% of all its holdings. 512 were accumulated by Lifeplan Fin Group. Weiss Multi reported 367,911 shares. Jennison Associate Ltd Liability Corporation accumulated 7,352 shares or 0% of the stock. Wells Fargo Mn stated it has 0% of its portfolio in Service Corporation International (NYSE:SCI). Btim has invested 0.13% in Service Corporation International (NYSE:SCI). Contravisory Inv Mngmt Incorporated owns 96,092 shares for 1.34% of their portfolio. Commercial Bank Of Montreal Can reported 31,947 shares. 3.46M are owned by Clearbridge Invests Ltd. 1.49M were accumulated by Manufacturers Life The. Shelton Cap Management holds 0.04% of its portfolio in Service Corporation International (NYSE:SCI) for 15,254 shares. Nuveen Asset Mgmt Ltd Liability Corp holds 0.01% of its portfolio in Service Corporation International (NYSE:SCI) for 43,214 shares. Natixis invested in 5,983 shares or 0% of the stock. Tiaa Cref Investment Management Limited Liability Corp holds 0.02% or 742,904 shares in its portfolio. Homrich And Berg reported 6,499 shares.

Since February 16, 2018, it had 0 buys, and 1 sale for $121,632 activity.

More recent Service Corporation International (NYSE:SCI) news were published by: Bizjournals.com which released: “KHOU’s former home on Allen Parkway torn down after recent sale” on May 29, 2018. Also Globenewswire.com published the news titled: “Service Corporation International Announces New Board Appointments” on May 29, 2018. Seekingalpha.com‘s news article titled: “Service Corp.: Underrated Growth Opportunities” with publication date: May 30, 2018 was also an interesting one.

Among 6 analysts covering Service Corporation International (NYSE:SCI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Service Corporation International had 18 analyst reports since October 29, 2015 according to SRatingsIntel. On Wednesday, July 26 the stock rating was maintained by Oppenheimer with “Buy”. On Thursday, February 15 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Oppenheimer with “Buy” on Wednesday, June 21. The firm earned “Buy” rating on Thursday, November 2 by Oppenheimer. Oppenheimer maintained it with “Buy” rating and $42.0 target in Thursday, January 18 report. The firm has “Buy” rating by Bank of America given on Wednesday, February 21. Oppenheimer maintained it with “Buy” rating and $4200 target in Sunday, April 22 report. The company was maintained on Monday, July 17 by Oppenheimer. Oppenheimer initiated the stock with “Outperform” rating in Wednesday, November 11 report. The stock of Service Corporation International (NYSE:SCI) earned “Market Perform” rating by Wells Fargo on Tuesday, August 2.

Stratos Wealth Partners Ltd, which manages about $2.15B and $2.37B US Long portfolio, upped its stake in Brown Forman Corp (NYSE:BF.B) by 12,418 shares to 42,376 shares, valued at $2.31M in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (ITOT) by 83,891 shares in the quarter, for a total of 107,473 shares, and has risen its stake in Powershares Etf Trust (PGF).

Another recent and important Maxim Integrated Products, Inc. (NASDAQ:MXIM) news was published by Seekingalpha.com which published an article titled: “Maxim Integrated Products (MXIM) Investor Presentation – Slideshow” on June 04, 2018.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.46, from 1.35 in 2017Q4. It dropped, as 49 investors sold MXIM shares while 154 reduced holdings. 58 funds opened positions while 123 raised stakes. 250.01 million shares or 1.42% more from 246.50 million shares in 2017Q4 were reported. First Mercantile reported 0.13% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Tru Department Mb Fin Savings Bank N A reported 0% stake. Hightower Advsr Limited Liability Corp holds 209,001 shares or 0.11% of its portfolio. The Texas-based Financial has invested 0% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Martingale Asset Limited Partnership holds 0.03% or 37,441 shares. Aqr Cap Mngmt Lc holds 0.12% or 1.85M shares. Harvest Mgmt Limited Liability Company reported 0.18% stake. Amundi Pioneer Asset Mngmt holds 0.01% in Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 116,093 shares. Suntrust Banks reported 62,820 shares. Capital Counsel New York holds 19,602 shares or 0.1% of its portfolio. Raymond James & Associate stated it has 224,951 shares or 0.02% of all its holdings. Winslow Evans & Crocker Inc accumulated 64 shares or 0% of the stock. 10,928 were accumulated by Envestnet Asset Mgmt Inc. 1.41 million were accumulated by Legal & General Public Llc. Commercial Bank Of Ny Mellon has 0.19% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM).

Among 30 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive. Maxim Integrated Products Inc. had 87 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Drexel Hamilton on Friday, January 26. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) earned “Hold” rating by SunTrust on Friday, January 26. The rating was initiated by Sterne Agee CRT with “Buy” on Wednesday, September 9. The stock of Maxim Integrated Products, Inc. (NASDAQ:MXIM) has “Buy” rating given on Friday, October 20 by Stifel Nicolaus. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, December 13 report. The firm has “Sector Perform” rating given on Thursday, October 22 by RBC Capital Markets. As per Monday, October 16, the company rating was maintained by BMO Capital Markets. The rating was maintained by Drexel Hamilton on Friday, April 27 with “Buy”. The company was maintained on Friday, October 20 by Morgan Stanley. The firm has “Equal-Weight” rating given on Wednesday, August 31 by Barclays Capital.

Service Corporation International (NYSE:SCI) Institutional Positions Chart

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