Tieton Capital Management Holding in Atlas Financial Holdings (AFH) Cut by $331,020; Central Securities Has Lowered Its Coherent (COHR) Holding by $1.18 Million

January 14, 2018 - By Vivian Park

Tieton Capital Management Llc decreased its stake in Atlas Financial Holdings (AFH) by 5.02% based on its latest 2017Q3 regulatory filing with the SEC. Tieton Capital Management Llc sold 18,390 shares as the company’s stock declined 13.31% while stock markets rallied. The institutional investor held 348,130 shares of the finance company at the end of 2017Q3, valued at $6.58M, down from 366,520 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Atlas Financial Holdings for a number of months, seems to be less bullish one the $247.23 million market cap company. It closed at $20.55 lastly. It is down 15.27% since January 14, 2017 and is downtrending. It has underperformed by 31.97% the S&P500.

Central Securities Corp decreased its stake in Coherent Inc (COHR) by 1.39% based on its latest 2017Q3 regulatory filing with the SEC. Central Securities Corp sold 5,000 shares as the company’s stock rose 26.93% with the market. The institutional investor held 355,000 shares of the capital goods company at the end of 2017Q3, valued at $83.49M, down from 360,000 at the end of the previous reported quarter. Central Securities Corp who had been investing in Coherent Inc for a number of months, seems to be less bullish one the $7.49B market cap company. The stock increased 1.48% or $4.41 during the last trading session, reaching $301.57. About 200,510 shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since January 14, 2017 and is uptrending. It has outperformed by 171.12% the S&P500.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.08, from 1.11 in 2017Q2. It is negative, as 40 investors sold COHR shares while 113 reduced holdings. 56 funds opened positions while 101 raised stakes. 23.23 million shares or 4.25% more from 22.28 million shares in 2017Q2 were reported. Td Asset Mgmt invested 0.04% in Coherent, Inc. (NASDAQ:COHR). Hanson Mcclain Inc has 459 shares. Nordea Management has 9,389 shares. Alps holds 1,839 shares. Ubs Asset Mngmt Americas holds 19,932 shares. First Tru Advsrs LP invested 0.05% in Coherent, Inc. (NASDAQ:COHR). Btim Corp holds 0.31% of its portfolio in Coherent, Inc. (NASDAQ:COHR) for 84,633 shares. 900 were reported by Peregrine Asset Advisers Inc. Bb&T Ltd Liability Company invested in 0% or 997 shares. Jaffetilchin Prns Ltd Co holds 0.06% in Coherent, Inc. (NASDAQ:COHR) or 1,123 shares. Parkside State Bank & holds 0.03% or 319 shares in its portfolio. Goldman Sachs Gru Inc holds 366,174 shares or 0.02% of its portfolio. Gideon Capital Advsr Inc holds 0.32% or 1,359 shares. Suntrust Banks stated it has 0% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Franklin Resource stated it has 92,200 shares or 0.01% of all its holdings.

Since August 14, 2017, it had 0 insider purchases, and 3 selling transactions for $6.77 million activity. Sechrist Paul F had sold 1,372 shares worth $411,600. SKAGGS STEPHEN A also sold $108,790 worth of Coherent, Inc. (NASDAQ:COHR) shares.

Analysts await Coherent, Inc. (NASDAQ:COHR) to report earnings on February, 6. They expect $3.54 EPS, up 58.04% or $1.30 from last year’s $2.24 per share. COHR’s profit will be $87.86 million for 21.30 P/E if the $3.54 EPS becomes a reality. After $3.58 actual EPS reported by Coherent, Inc. for the previous quarter, Wall Street now forecasts -1.12% negative EPS growth.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Coherent had 24 analyst reports since August 3, 2015 according to SRatingsIntel. Needham maintained it with “Buy” rating and $330.0 target in Wednesday, November 8 report. The firm has “Buy” rating given on Friday, January 29 by Stifel Nicolaus. As per Thursday, August 3, the company rating was upgraded by Susquehanna. The stock has “Overweight” rating by Barclays Capital on Wednesday, November 8. Benchmark maintained it with “Buy” rating and $125 target in Thursday, November 10 report. On Monday, June 12 the stock rating was maintained by Longbow with “Buy”. The rating was initiated by Barclays Capital with “Buy” on Monday, August 7. The firm has “Buy” rating given on Monday, May 23 by Benchmark. The stock has “Neutral” rating by Susquehanna on Wednesday, February 15. The firm earned “Buy” rating on Monday, March 7 by Stifel Nicolaus.

Investors sentiment increased to 1.76 in 2017 Q3. Its up 0.20, from 1.56 in 2017Q2. It increased, as 6 investors sold AFH shares while 15 reduced holdings. 11 funds opened positions while 26 raised stakes. 9.03 million shares or 2.06% more from 8.85 million shares in 2017Q2 were reported. Redmond Asset Mgmt Ltd Liability has 27,043 shares for 0.23% of their portfolio. 419,254 were accumulated by Perritt Cap. Alpine Woods Cap Investors Ltd Com holds 0.02% or 20,409 shares in its portfolio. Deutsche Natl Bank Ag invested in 9,601 shares or 0% of the stock. Capital Returns Limited Liability Corp reported 481,246 shares stake. Wells Fargo & Mn has invested 0% of its portfolio in Atlas Financial Holdings, Inc. (NASDAQ:AFH). Northpointe Limited Com invested in 153,411 shares or 0.31% of the stock. Vanguard Group invested in 0% or 461,918 shares. Ariel Invs Limited Liability Co accumulated 1.16 million shares. Rhumbline Advisers invested 0% of its portfolio in Atlas Financial Holdings, Inc. (NASDAQ:AFH). Kennedy Cap Mngmt Incorporated has invested 0.04% in Atlas Financial Holdings, Inc. (NASDAQ:AFH). Globeflex Lp reported 50,367 shares. National Bank & Trust Of America Corp De reported 0% in Atlas Financial Holdings, Inc. (NASDAQ:AFH). Wasatch Advsr has invested 0.2% in Atlas Financial Holdings, Inc. (NASDAQ:AFH). Tower Rech Capital Limited Liability Corp (Trc) stated it has 0% of its portfolio in Atlas Financial Holdings, Inc. (NASDAQ:AFH).

Analysts await Atlas Financial Holdings, Inc. (NASDAQ:AFH) to report earnings on March, 12. They expect $0.32 EPS, up 114.10% or $2.59 from last year’s $-2.27 per share. AFH’s profit will be $3.85 million for 16.05 P/E if the $0.32 EPS becomes a reality. After $0.63 actual EPS reported by Atlas Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts -49.21% negative EPS growth.

Since August 22, 2017, it had 0 insider buys, and 20 selling transactions for $1.86 million activity. Another trade for 580 shares valued at $9,860 was made by KINGSWAY AMERICA INC on Thursday, August 31. The insider DiMaggio Leslie sold $12,522. Shugrue Joseph Raymond sold $12,522 worth of stock. Giles Bruce Wayne sold $20,855 worth of Atlas Financial Holdings, Inc. (NASDAQ:AFH) on Tuesday, December 12. Wollney Scott D had sold 1,750 shares worth $33,546.

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