Advanced Micro Devic (AMD) Holder Doheny Asset Management Has Decreased Stake as Market Value Declined; Kroger Co (KR) Holder Bronson Point Management Lowered Position by $6.75 Million

May 25, 2018 - By Jonathan Benavides

Advanced Micro Devices, Inc. (NASDAQ:AMD) Logo

Doheny Asset Management decreased its stake in Advanced Micro Devic (AMD) by 56.16% based on its latest 2017Q4 regulatory filing with the SEC. Doheny Asset Management sold 81,300 shares as the company’s stock declined 5.12% with the market. The institutional investor held 63,470 shares of the technology company at the end of 2017Q4, valued at $652,000, down from 144,770 at the end of the previous reported quarter. Doheny Asset Management who had been investing in Advanced Micro Devic for a number of months, seems to be less bullish one the $13.07 billion market cap company. The stock increased 0.52% or $0.07 during the last trading session, reaching $13.48. About 32.08M shares traded. Advanced Micro Devices, Inc. (NASDAQ:AMD) has declined 27.01% since May 25, 2017 and is downtrending. It has underperformed by 38.56% the S&P500.

Larry Foley decreased its stake in Kroger Co (KR) by 83.33% based on its latest 2017Q4 regulatory filing with the SEC. Bronson Point Management Llc sold 250,000 shares as the company’s stock declined 16.92% with the market. The hedge fund run by Larry Foley held 50,000 shares of the food chains company at the end of 2017Q4, valued at $1.37 million, down from 300,000 at the end of the previous reported quarter. Bronson Point Management Llc who had been investing in Kroger Co for a number of months, seems to be less bullish one the $19.76 billion market cap company. The stock increased 0.06% or $0.015 during the last trading session, reaching $24.575. About 4.55 million shares traded. The Kroger Co. (NYSE:KR) has declined 18.87% since May 25, 2017 and is downtrending. It has underperformed by 30.42% the S&P500.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 21. They expect $0.64 earnings per share, up 10.34% or $0.06 from last year’s $0.58 per share. KR’s profit will be $514.55M for 9.60 P/E if the $0.64 EPS becomes a reality. After $0.63 actual earnings per share reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 1.59% EPS growth.

Since December 19, 2017, it had 0 buys, and 6 insider sales for $2.81 million activity. Foley Todd A sold 15,200 shares worth $471,200. DONNELLY MICHAEL JOSEPH sold $1.23 million worth of stock or 40,000 shares. $325,292 worth of The Kroger Co. (NYSE:KR) was sold by Clark Robert W.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.02, from 0.88 in 2017Q3. It increased, as 78 investors sold KR shares while 251 reduced holdings. 121 funds opened positions while 176 raised stakes. 636.15 million shares or 7.55% less from 688.12 million shares in 2017Q3 were reported. Voya Invest Mgmt Limited Liability Corporation owns 0.02% invested in The Kroger Co. (NYSE:KR) for 319,851 shares. Principal Financial Grp Inc holds 7.01M shares. Ls Ltd Liability Corp holds 0.06% or 37,192 shares in its portfolio. Gw Henssler Associates Ltd holds 0.59% or 230,174 shares in its portfolio. Becker Cap Management Inc holds 1.76% of its portfolio in The Kroger Co. (NYSE:KR) for 1.94M shares. Freestone Cap Ltd holds 4,606 shares or 0.06% of its portfolio. 3.67M were reported by Dimensional Fund Limited Partnership. Gp One Trading LP reported 0.01% stake. Baker Ellis Asset Ltd Liability owns 252,161 shares for 1.74% of their portfolio. Nordea Management Ab reported 6.71 million shares stake. Bowling Portfolio Mngmt Ltd owns 94,781 shares. The Massachusetts-based Fmr Ltd Llc has invested 0.09% in The Kroger Co. (NYSE:KR). North Star Investment Mngmt Corp reported 0.04% stake. Parkside Bank And Trust accumulated 635 shares. The Florida-based Finemark Bankshares And has invested 0.02% in The Kroger Co. (NYSE:KR).

Bronson Point Management Llc, which manages about $1.86B and $381.16 million US Long portfolio, upped its stake in Carpenter Technology Corp (NYSE:CRS) by 20,000 shares to 120,000 shares, valued at $6.12M in 2017Q4, according to the filing. It also increased its holding in Tutor Perini Corp (NYSE:TPC) by 76,000 shares in the quarter, for a total of 120,000 shares, and has risen its stake in Timkensteel Corp (NYSE:TMST).

More notable recent The Kroger Co. (NYSE:KR) news were published by: 247Wallst.com which released: “How Kroger Is Breaking Into the Meal Kit Market” on May 24, 2018, also Fool.com with their article: “Kroger Finally Addresses Its Biggest Weakness” published on May 21, 2018, Bizjournals.com published: “Kroger CFO: Ocado will help grocer expand ‘in parts of the country where we aren’t today'” on May 23, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: 247Wallst.com and their article: “Short Interest in Kroger Rises 77%” published on May 10, 2018 as well as Seekingalpha.com‘s news article titled: “Target: Could Be Worse To Come” with publication date: May 24, 2018.

Among 37 analysts covering Kroger (NYSE:KR), 18 have Buy rating, 0 Sell and 19 Hold. Therefore 49% are positive. Kroger had 112 analyst reports since August 25, 2015 according to SRatingsIntel. The company was maintained on Tuesday, June 13 by RBC Capital Markets. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, June 19. The firm has “Hold” rating given on Monday, September 14 by Jefferies. BMO Capital Markets maintained it with “Hold” rating and $31.0 target in Friday, March 2 report. The stock of The Kroger Co. (NYSE:KR) has “Buy” rating given on Tuesday, July 18 by RBC Capital Markets. Deutsche Bank maintained The Kroger Co. (NYSE:KR) rating on Friday, December 4. Deutsche Bank has “Buy” rating and $48 target. The company was upgraded on Monday, November 6 by Northcoast. Barclays Capital initiated the shares of KR in report on Friday, September 23 with “Equal-Weight” rating. As per Tuesday, June 27, the company rating was maintained by BMO Capital Markets. On Thursday, May 17 the stock rating was upgraded by Bank of America to “Buy”.

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.42, from 1.51 in 2017Q3. It dived, as 79 investors sold AMD shares while 108 reduced holdings. 69 funds opened positions while 135 raised stakes. 577.22 million shares or 3.15% more from 559.57 million shares in 2017Q3 were reported. Parametric Portfolio Assocs Limited Liability holds 840,518 shares. Fdx owns 11,558 shares. Moreover, Stifel Fincl Corporation has 0% invested in Advanced Micro Devices, Inc. (NASDAQ:AMD). Ameritas Investment holds 17,746 shares or 0.01% of its portfolio. Walleye Trading Limited Liability Corporation invested in 104,311 shares. Next Century Growth Investors Ltd Co invested 0.09% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). The Illinois-based First Trust Advsrs Lp has invested 0.02% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Valley Natl Advisers owns 14 shares. Canada Pension Plan Investment Board has invested 0% of its portfolio in Advanced Micro Devices, Inc. (NASDAQ:AMD). Lmr Llp reported 0.04% stake. Glg Prtn LP stated it has 0.74% in Advanced Micro Devices, Inc. (NASDAQ:AMD). 4.18M are held by Invesco Limited. Brigade Cap Management Limited Partnership invested 0.42% in Advanced Micro Devices, Inc. (NASDAQ:AMD). California-based Assetmark Inc has invested 0% in Advanced Micro Devices, Inc. (NASDAQ:AMD). Ims Cap Mngmt holds 0.43% or 68,300 shares.

Since December 11, 2017, it had 0 insider buys, and 20 sales for $24.99 million activity. ANDERSON JAMES ROBERT also sold $752,250 worth of Advanced Micro Devices, Inc. (NASDAQ:AMD) on Thursday, December 14. Another trade for 117,120 shares valued at $1.41 million was made by KUMAR DEVINDER on Monday, January 15. Papermaster Mark D sold $1.71M worth of stock or 150,000 shares. Another trade for 62,500 shares valued at $688,750 was sold by Norrod Forrest Eugene. The insider WOLIN HARRY A sold 46,875 shares worth $575,156.

Among 33 analysts covering Advanced Micro (NASDAQ:AMD), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. Advanced Micro had 124 analyst reports since August 13, 2015 according to SRatingsIntel. Mizuho maintained the stock with “Buy” rating in Tuesday, November 28 report. The firm has “Buy” rating given on Wednesday, February 1 by Canaccord Genuity. The rating was maintained by Jefferies on Wednesday, June 21 with “Buy”. The rating was initiated by Loop Capital on Tuesday, December 6 with “Buy”. Deutsche Bank maintained the shares of AMD in report on Wednesday, September 14 with “Hold” rating. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) has “Hold” rating given on Friday, November 17 by BMO Capital Markets. The rating was maintained by J.P. Morgan with “Hold” on Tuesday, May 30. KeyBanc Capital Markets maintained the shares of AMD in report on Thursday, October 5 with “Hold” rating. The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) has “Sell” rating given on Monday, October 30 by Bernstein. The rating was maintained by Wells Fargo with “Buy” on Friday, April 13.

Doheny Asset Management, which manages about $245.55M and $214.55 million US Long portfolio, upped its stake in Goldman Sachs Group Inc (NYSE:GS) by 1,234 shares to 2,166 shares, valued at $552,000 in 2017Q4, according to the filing. It also increased its holding in Phillips 66 (NYSE:PSX) by 6,750 shares in the quarter, for a total of 37,132 shares, and has risen its stake in Bank Of America Corp (NYSE:BAC).

Analysts await Advanced Micro Devices, Inc. (NASDAQ:AMD) to report earnings on July, 24. They expect $0.10 EPS, up 1,100.00% or $0.11 from last year’s $-0.01 per share. AMD’s profit will be $96.94 million for 33.70 P/E if the $0.10 EPS becomes a reality. After $0.08 actual EPS reported by Advanced Micro Devices, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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