ADTRAN, Inc. (ADTN) Reaches $22.20 Formed H&S; City Holding Company Lifted Intel Com (INTC) Holding By $378,345

December 7, 2017 - By Louis Casey

City Holding Company increased Intel Corp Com (INTC) stake by 12.47% reported in 2017Q2 SEC filing. City Holding Company acquired 11,465 shares as Intel Corp Com (INTC)’s stock declined 2.96%. The City Holding Company holds 103,389 shares with $3.49 million value, up from 91,924 last quarter. Intel Corp Com now has $203.09 billion valuation. The stock decreased 0.12% or $0.0542 during the last trading session, reaching $43.3958. About 505,588 shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since December 7, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

ADTRAN, Inc. (ADTN) formed H&S with $20.87 target or 6.00% below today’s $22.20 share price. ADTRAN, Inc. (ADTN) has $1.07B valuation. The stock increased 0.23% or $0.05 during the last trading session, reaching $22.2. About 61,143 shares traded. ADTRAN, Inc. (NASDAQ:ADTN) has risen 6.95% since December 7, 2016 and is uptrending. It has underperformed by 9.75% the S&P500.

Among 9 analysts covering Adtran Inc. (NASDAQ:ADTN), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Adtran Inc. has $28.0 highest and $14 lowest target. $19.88’s average target is -10.45% below currents $22.2 stock price. Adtran Inc. had 26 analyst reports since September 9, 2015 according to SRatingsIntel. On Wednesday, October 4 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained ADTRAN, Inc. (NASDAQ:ADTN) rating on Thursday, June 1. Jefferies has “Hold” rating and $20.5000 target. The firm has “Buy” rating by Drexel Hamilton given on Friday, January 15. On Thursday, December 17 the stock rating was upgraded by JP Morgan to “Overweight”. The company was upgraded on Monday, October 31 by Northland Capital. The rating was maintained by Northland Capital with “Buy” on Monday, July 3. The stock has “Outperform” rating by Northland Capital on Wednesday, September 30. On Monday, August 21 the stock rating was maintained by Jefferies with “Hold”. Cowen & Co upgraded ADTRAN, Inc. (NASDAQ:ADTN) on Thursday, February 4 to “Market Perform” rating. Cowen & Co maintained ADTRAN, Inc. (NASDAQ:ADTN) on Tuesday, July 18 with “Hold” rating.

Analysts await ADTRAN, Inc. (NASDAQ:ADTN) to report earnings on January, 16. They expect $0.15 EPS, down 6.25% or $0.01 from last year’s $0.16 per share. ADTN’s profit will be $7.22 million for 37.00 P/E if the $0.15 EPS becomes a reality. After $0.34 actual EPS reported by ADTRAN, Inc. for the previous quarter, Wall Street now forecasts -55.88% negative EPS growth.

Investors sentiment decreased to 1.16 in 2017 Q2. Its down 0.16, from 1.32 in 2017Q1. It fall, as 22 investors sold ADTRAN, Inc. shares while 41 reduced holdings. 22 funds opened positions while 51 raised stakes. 41.50 million shares or 2.95% less from 42.76 million shares in 2017Q1 were reported. Swiss Bank & Trust owns 80,600 shares for 0% of their portfolio. Canada Pension Plan Board holds 0.03% in ADTRAN, Inc. (NASDAQ:ADTN) or 557,200 shares. Royal Retail Bank Of Canada accumulated 5,440 shares. Dean Cap Management holds 1.19% or 120,080 shares in its portfolio. Goldman Sachs Gp Inc holds 154,028 shares. Gemmer Asset Lc accumulated 139 shares. Northern Trust holds 914,639 shares or 0.01% of its portfolio. Skyline Asset Mgmt Limited Partnership holds 1.33% in ADTRAN, Inc. (NASDAQ:ADTN) or 763,900 shares. State Street owns 1.33 million shares or 0% of their US portfolio. Granite Inv Ptnrs Ltd Liability holds 0.74% or 530,069 shares in its portfolio. State Of New Jersey Common Pension Fund D holds 225,000 shares or 0.02% of its portfolio. California Public Employees Retirement Sys reported 179,100 shares stake. Barclays Pcl owns 37,919 shares for 0% of their portfolio. California-based Aperio Grp Inc Ltd Llc has invested 0% in ADTRAN, Inc. (NASDAQ:ADTN). 418,095 are held by Geode Cap Ltd Liability Com.

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