Diversified Trust Co Has Cut Its Carter (CRI) Stake as Valuation Declined; State Of Wisconsin Investment Board Stake In Proofpoint (PFPT) Was Has Lifted

April 21, 2018 - By Migdalia James

Proofpoint, Inc. (NASDAQ:PFPT) Logo

Diversified Trust Co decreased its stake in Carter Inc (CRI) by 63.47% based on its latest 2017Q4 regulatory filing with the SEC. Diversified Trust Co sold 9,495 shares as the company’s stock declined 9.92% with the market. The institutional investor held 5,465 shares of the consumer non-durables company at the end of 2017Q4, valued at $642,000, down from 14,960 at the end of the previous reported quarter. Diversified Trust Co who had been investing in Carter Inc for a number of months, seems to be less bullish one the $4.88 billion market cap company. The stock decreased 3.19% or $3.41 during the last trading session, reaching $103.39. About 1.44M shares traded or 68.27% up from the average. Carter's, Inc. (NYSE:CRI) has risen 17.22% since April 21, 2017 and is uptrending. It has outperformed by 5.67% the S&P500.

State Of Wisconsin Investment Board increased its stake in Proofpoint Inc (PFPT) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. State Of Wisconsin Investment Board bought 24,265 shares as the company’s stock rose 22.55% while stock markets declined. The institutional investor held 176,100 shares of the technology company at the end of 2017Q4, valued at $15.64 million, up from 151,835 at the end of the previous reported quarter. State Of Wisconsin Investment Board who had been investing in Proofpoint Inc for a number of months, seems to be bullish on the $6.17 billion market cap company. The stock decreased 2.83% or $3.56 during the last trading session, reaching $122.07. About 623,835 shares traded. Proofpoint, Inc. (NASDAQ:PFPT) has risen 50.07% since April 21, 2017 and is uptrending. It has outperformed by 38.52% the S&P500.

State Of Wisconsin Investment Board, which manages about $36.44 billion US Long portfolio, decreased its stake in Td Ameritrade Hldg Corp (NYSE:AMTD) by 8,899 shares to 229,041 shares, valued at $11.71 million in 2017Q4, according to the filing. It also reduced its holding in Hca Healthcare Inc (NYSE:HCA) by 107,899 shares in the quarter, leaving it with 266,748 shares, and cut its stake in Regeneron Pharmaceuticals (NASDAQ:REGN).

Among 30 analysts covering Proofpoint Inc (NASDAQ:PFPT), 24 have Buy rating, 1 Sell and 5 Hold. Therefore 80% are positive. Proofpoint Inc had 96 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Buy” rating by Piper Jaffray on Friday, September 8. The firm has “Buy” rating given on Wednesday, August 30 by RBC Capital Markets. Zacks downgraded the shares of PFPT in report on Monday, September 7 to “Sell” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 16 report. The company was maintained on Friday, July 28 by Evercore. The stock of Proofpoint, Inc. (NASDAQ:PFPT) earned “Buy” rating by Northland Capital on Wednesday, February 7. On Thursday, March 23 the stock rating was downgraded by Goldman Sachs to “Sell”. Citigroup maintained Proofpoint, Inc. (NASDAQ:PFPT) rating on Monday, April 16. Citigroup has “Buy” rating and $140 target. The firm has “Hold” rating given on Monday, November 20 by KeyBanc Capital Markets. As per Friday, July 24, the company rating was maintained by Northland Capital.

Investors sentiment increased to 1.33 in 2017 Q4. Its up 0.17, from 1.16 in 2017Q3. It is positive, as 15 investors sold PFPT shares while 85 reduced holdings. 48 funds opened positions while 85 raised stakes. 49.53 million shares or 0.18% more from 49.44 million shares in 2017Q3 were reported. Pictet Asset Management accumulated 633,800 shares. Azimuth Cap Mngmt Limited Liability Corporation has 0.58% invested in Proofpoint, Inc. (NASDAQ:PFPT). 71,652 were reported by Rmb Cap Mngmt Ltd Liability. The Illinois-based Grp One Trading Lp has invested 0% in Proofpoint, Inc. (NASDAQ:PFPT). Bnp Paribas Asset Management Holdg Sa holds 260,619 shares. Emerald Advisers Pa has 1.36% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 396,615 shares. Moreover, Envestnet Asset has 0% invested in Proofpoint, Inc. (NASDAQ:PFPT) for 1,570 shares. Columbia Prns L L C Management has invested 0.25% in Proofpoint, Inc. (NASDAQ:PFPT). Amer Inc reported 0.01% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). 2,600 were accumulated by Menta Limited Company. Amalgamated Financial Bank accumulated 5,931 shares. Us Bancshares De accumulated 11,408 shares. Wasatch accumulated 774,406 shares. Zweig reported 0.49% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT). Nicholas Inv Prns LP holds 0.21% of its portfolio in Proofpoint, Inc. (NASDAQ:PFPT) for 35,905 shares.

Since December 7, 2017, it had 0 insider purchases, and 13 selling transactions for $13.18 million activity. On Tuesday, February 20 Newell Tracey sold $870,702 worth of Proofpoint, Inc. (NASDAQ:PFPT) or 8,187 shares. $361,271 worth of Proofpoint, Inc. (NASDAQ:PFPT) was sold by Swaroop Bhagwat. The insider Knight David sold $256,405. 40,000 shares valued at $3.68M were sold by Steele Gary on Wednesday, January 3.

Diversified Trust Co, which manages about $1.63 billion US Long portfolio, upped its stake in Coca Cola Co (NYSE:KO) by 10,098 shares to 613,917 shares, valued at $28.17M in 2017Q4, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 5,612 shares in the quarter, for a total of 82,570 shares, and has risen its stake in Vanguard Index Fds (VTI).

Among 16 analysts covering Carter’s (NYSE:CRI), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Carter’s had 37 analyst reports since August 31, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Outperform” on Friday, April 29. The stock of Carter's, Inc. (NYSE:CRI) has “Buy” rating given on Tuesday, July 11 by FBR Capital. The firm earned “Buy” rating on Friday, October 28 by Monness Crespi. The company was maintained on Thursday, January 11 by Wells Fargo. The firm has “Market Perform” rating given on Wednesday, July 13 by Cowen & Co. On Friday, June 16 the stock rating was maintained by FBR Capital with “Buy”. The company was maintained on Friday, October 27 by Citigroup. The rating was maintained by Citigroup on Wednesday, February 28 with “Buy”. The rating was maintained by Oppenheimer on Wednesday, June 21 with “Buy”. The firm has “Buy” rating given on Monday, March 26 by FBR Capital.

Proofpoint, Inc. (NASDAQ:PFPT) Institutional Positions Chart

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