Energy Opportunities Capital Management Lowered Its Newfield Expl Co Com (NFX) Position by $515,881; Rmb Capital Management Increases Holding in Oclaro (OCLR)

January 14, 2018 - By Clifton Ray

Energy Opportunities Capital Management Llc decreased its stake in Newfield Expl Co Com (NFX) by 23.5% based on its latest 2017Q3 regulatory filing with the SEC. Energy Opportunities Capital Management Llc sold 17,789 shares as the company’s stock declined 17.43% while stock markets rallied. The institutional investor held 57,898 shares of the oil & gas production company at the end of 2017Q3, valued at $1.72M, down from 75,687 at the end of the previous reported quarter. Energy Opportunities Capital Management Llc who had been investing in Newfield Expl Co Com for a number of months, seems to be less bullish one the $6.87B market cap company. The stock increased 0.43% or $0.15 during the last trading session, reaching $34.75. About 2.05M shares traded. Newfield Exploration Company (NYSE:NFX) has declined 13.04% since January 14, 2017 and is downtrending. It has underperformed by 29.74% the S&P500.

Rmb Capital Management Llc increased its stake in Oclaro Inc (OCLR) by 73.11% based on its latest 2017Q3 regulatory filing with the SEC. Rmb Capital Management Llc bought 72,853 shares as the company’s stock declined 22.87% while stock markets rallied. The hedge fund held 172,498 shares of the technology company at the end of 2017Q3, valued at $1.49 million, up from 99,645 at the end of the previous reported quarter. Rmb Capital Management Llc who had been investing in Oclaro Inc for a number of months, seems to be bullish on the $1.18 billion market cap company. The stock decreased 2.38% or $0.17 during the last trading session, reaching $6.96. About 4.42M shares traded. Oclaro, Inc. (NASDAQ:OCLR) has risen 92.74% since January 14, 2017 and is uptrending. It has outperformed by 76.04% the S&P500.

Investors sentiment increased to 1.09 in 2017 Q3. Its up 0.01, from 1.08 in 2017Q2. It increased, as 38 investors sold NFX shares while 122 reduced holdings. 43 funds opened positions while 132 raised stakes. 195.89 million shares or 2.01% less from 199.90 million shares in 2017Q2 were reported. Van Eck Assocs has invested 0.55% in Newfield Exploration Company (NYSE:NFX). Aperio Group Limited Liability, a California-based fund reported 86,883 shares. Arizona State Retirement reported 49,400 shares stake. Oakbrook Invs Limited accumulated 0.04% or 19,500 shares. Capstone Inv Advisors Limited Liability holds 106,348 shares or 0.11% of its portfolio. State Bank Of Montreal Can owns 154,343 shares or 0% of their US portfolio. Cubic Asset Mgmt Ltd Com holds 0.07% or 8,805 shares in its portfolio. Brant Point Investment Management Lc has 182,100 shares for 0.56% of their portfolio. Sta Wealth Ltd Liability Co invested 0.09% in Newfield Exploration Company (NYSE:NFX). Tower Cap Ltd Liability Corp (Trc) has invested 0.02% in Newfield Exploration Company (NYSE:NFX). Cwm Ltd Liability holds 90 shares or 0% of its portfolio. Nationwide Fund Advsrs has 0.01% invested in Newfield Exploration Company (NYSE:NFX). Cornerstone Cap Mgmt Hldgs Ltd Com holds 0.01% or 33,629 shares. Guardian Life Insur Co Of America has invested 0% in Newfield Exploration Company (NYSE:NFX). Sumitomo Mitsui Asset Mgmt Company Ltd invested in 0.01% or 16,253 shares.

Since September 1, 2017, it had 0 insider buys, and 3 selling transactions for $1.05 million activity.

Analysts await Newfield Exploration Company (NYSE:NFX) to report earnings on February, 20 after the close. They expect $0.61 earnings per share, up 24.49% or $0.12 from last year’s $0.49 per share. NFX’s profit will be $120.51 million for 14.24 P/E if the $0.61 EPS becomes a reality. After $0.52 actual earnings per share reported by Newfield Exploration Company for the previous quarter, Wall Street now forecasts 17.31% EPS growth.

Among 33 analysts covering Newfield Exploration Co. (NYSE:NFX), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Newfield Exploration Co. had 107 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Newfield Exploration Company (NYSE:NFX) earned “Market Perform” rating by Wells Fargo on Friday, December 16. The stock of Newfield Exploration Company (NYSE:NFX) has “Buy” rating given on Tuesday, May 30 by Goldman Sachs. The company was maintained on Thursday, March 17 by Barclays Capital. The firm has “Buy” rating given on Friday, July 21 by Citigroup. The firm earned “Equal-Weight” rating on Wednesday, October 11 by Barclays Capital. The company was maintained on Tuesday, September 5 by KeyBanc Capital Markets. As per Tuesday, June 28, the company rating was maintained by Stifel Nicolaus. JP Morgan initiated the stock with “Overweight” rating in Wednesday, December 9 report. As per Monday, June 26, the company rating was maintained by BMO Capital Markets. The stock has “Buy” rating by Societe Generale on Thursday, November 10.

Rmb Capital Management Llc, which manages about $3.98 billion and $3.87B US Long portfolio, decreased its stake in Southern First Bancshares In (NASDAQ:SFST) by 41,814 shares to 178,935 shares, valued at $6.50M in 2017Q3, according to the filing. It also reduced its holding in Consolidated Water Co Inc (NASDAQ:CWCO) by 31,631 shares in the quarter, leaving it with 65,268 shares, and cut its stake in Rollins Inc (NYSE:ROL).

Among 15 analysts covering Oclaro Inc (NASDAQ:OCLR), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Oclaro Inc had 40 analyst reports since August 18, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Thursday, August 24 report. The rating was maintained by Jefferies with “Buy” on Friday, June 9. As per Thursday, July 13, the company rating was maintained by Cowen & Co. As per Wednesday, February 3, the company rating was maintained by Needham. The stock of Oclaro, Inc. (NASDAQ:OCLR) earned “Hold” rating by Needham on Monday, December 18. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, September 6. Craig Hallum downgraded the shares of OCLR in report on Thursday, November 2 to “Hold” rating. Cowen & Co maintained the stock with “Buy” rating in Thursday, August 3 report. Jefferies maintained the shares of OCLR in report on Thursday, September 7 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 5.

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