As Broadridge Finl Solutions In (BR) Share Value Rose, First National Bank Of Omaha Has Cut Stake by $940,572; Leonetti & Associates Position in Micron Technology (MU) Has Decreased by $5.29 Million as Market Value Rose

June 12, 2018 - By Nellie Frank

Broadridge Financial Solutions, Inc. (NYSE:BR) Logo

First National Bank Of Omaha decreased its stake in Broadridge Finl Solutions In (BR) by 6.13% based on its latest 2018Q1 regulatory filing with the SEC. First National Bank Of Omaha sold 11,612 shares as the company’s stock rose 14.80% while stock markets declined. The institutional investor held 177,796 shares of the miscellaneous company at the end of 2018Q1, valued at $14.56 million, down from 189,408 at the end of the previous reported quarter. First National Bank Of Omaha who had been investing in Broadridge Finl Solutions In for a number of months, seems to be less bullish one the $13.83B market cap company. The stock decreased 1.74% or $2.08 during the last trading session, reaching $117.32. About 1.81M shares traded or 116.98% up from the average. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 52.96% since June 12, 2017 and is uptrending. It has outperformed by 40.39% the S&P500. Some Historical BR News: 31/05/2018 – Enabling Cryptocurrency Transactions Key to Going Mainstream; 03/05/2018 – Broadridge Financial Declares Dividend of 36.5c; 11/05/2018 – Broadridge Presenting at JPMorgan Conference May 15; 08/05/2018 – Broadridge Financial Solutions 3Q Profit Rises 44%; FY EPS Guidance Raised; 14/05/2018 – Broadridge Presenting at JPMorgan Conference Tomorrow; 10/04/2018 – SIDUS:TOLD THAT ACTG TOLD BROADRIDGE IT’S CANCELLING JUNE 7 MTG; 10/04/2018 – VP Carey Disposes 47 Of Broadridge Financial Solutions Inc; 14/03/2018 – Investors Support Say-on-Pay and Environmental Proposals Broadridge and PwC ProxyPulse™ Report Shows; 09/05/2018 – Broadridge Acquires FundAssist to Further Expand Regulatory Communications Capabilities for Asset Managers; 08/05/2018 – BROADRIDGE SEES FY REV. +2% TO +4%

Leonetti & Associates Llc decreased its stake in Micron Technology (MU) by 51.13% based on its latest 2018Q1 regulatory filing with the SEC. Leonetti & Associates Llc sold 101,716 shares as the company’s stock rose 27.87% while stock markets declined. The institutional investor held 97,214 shares of the technology company at the end of 2018Q1, valued at $5.07M, down from 198,930 at the end of the previous reported quarter. Leonetti & Associates Llc who had been investing in Micron Technology for a number of months, seems to be less bullish one the $71.20B market cap company. It closed at $61.39 lastly. It is down 108.46% since June 12, 2017 and is uptrending. It has outperformed by 95.89% the S&P500. Some Historical MU News: 15/05/2018 – Micron Solutions 1Q Loss/Shr 6c; 10/04/2018 – Micron Announces Collaboration With Leading Video Surveillance Solution Providers To Promote `Surveillance-Grade’ Edge Stor; 21/05/2018 – MICRON BOOSTS 3Q FORECAST; 15/05/2018 – OMEGA ADVISORS – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 11/05/2018 – HOSOKAWA MICRON 6277.T 6-MTH GROUP RECURRING PROFIT 3.12 BLN YEN (+35.5 %), 2017/18 FORECAST PROFIT 5.30 BLN YEN (+1.5 %); 07/03/2018 – Micron Waste and Nickel One Close Transaction for Sale of LK Project, Finland; 21/05/2018 – Micron Technology Raises 3Q View To EPS $3.12-EPS $3.16; 22/05/2018 – Tech Today: Cheering Micron, Liking Smartsheet, Defending Pure — Barron’s Blog; 19/03/2018 – MICRON TECHNOLOGY INC MU.O : CREDIT SUISSE RAISES TARGET PRICE TO $70 FROM $60; RATING OUTPERFORM; 28/03/2018 – Micron Waste Technologies Testifies to the Canadian Senate Regarding Innovations in Cannabis Waste Management

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “XP Dreams: Intel And Micron Diverge” on May 30, 2018, also Seekingalpha.com with their article: “Micron -2.6% on Morgan Stanley downgrade” published on May 31, 2018, Nasdaq.com published: “Only Memory Prices Matter With Micron Technology, Inc. Stock” on June 05, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Where Does Micron Technology Go From Here?” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Is Micron A Solid Pick At $55?” with publication date: May 22, 2018.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on June, 20 after the close. They expect $3.10 earnings per share, up 121.43% or $1.70 from last year’s $1.4 per share. MU’s profit will be $3.60B for 4.95 P/E if the $3.10 EPS becomes a reality. After $2.80 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 10.71% EPS growth.

Among 44 analysts covering Micron Technology Inc. (NASDAQ:MU), 34 have Buy rating, 1 Sell and 9 Hold. Therefore 77% are positive. Micron Technology Inc. had 251 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Buy” rating by Mizuho on Thursday, August 17. As per Thursday, October 26, the company rating was maintained by KeyBanc Capital Markets. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Outperform” rating by Barclays Capital on Wednesday, October 5. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given on Tuesday, July 25 by Mizuho. The rating was maintained by Wells Fargo on Monday, July 31 with “Buy”. Loop Capital initiated the shares of MU in report on Tuesday, December 13 with “Hold” rating. The firm has “Buy” rating given on Wednesday, January 10 by J.P. Morgan. The firm has “Buy” rating given on Friday, March 24 by Deutsche Bank. Mizuho maintained Micron Technology, Inc. (NASDAQ:MU) rating on Friday, February 3. Mizuho has “Buy” rating and $30 target. The rating was maintained by Credit Suisse on Tuesday, March 20 with “Outperform”.

Leonetti & Associates Llc, which manages about $597.86M and $344.83M US Long portfolio, upped its stake in Spdr S&P 500 (SPY) by 2,584 shares to 100,783 shares, valued at $26.52 million in 2018Q1, according to the filing.

Investors sentiment decreased to 1.13 in 2018 Q1. Its down 0.11, from 1.24 in 2017Q4. It fall, as 52 investors sold MU shares while 282 reduced holdings. 138 funds opened positions while 241 raised stakes. 846.69 million shares or 4.13% less from 883.15 million shares in 2017Q4 were reported. Davenport Limited has 0% invested in Micron Technology, Inc. (NASDAQ:MU) for 15,748 shares. Jw Asset Ltd Liability Corp holds 2.11% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 41,000 shares. Ibm Retirement Fund holds 26,280 shares or 0.25% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.26% invested in Micron Technology, Inc. (NASDAQ:MU). M&T Natl Bank Corp accumulated 0.02% or 61,682 shares. Putnam Ltd Liability Corporation has 16,861 shares for 0% of their portfolio. 4,686 were accumulated by Northwest Counselors Limited Liability. Oregon-based M Securities has invested 0.07% in Micron Technology, Inc. (NASDAQ:MU). First Trust Advsrs LP reported 0.33% in Micron Technology, Inc. (NASDAQ:MU). Moreover, Hbk Sorce Advisory Limited Company has 0.06% invested in Micron Technology, Inc. (NASDAQ:MU) for 8,808 shares. Lifeplan Financial Grp owns 65 shares or 0% of their US portfolio. Homrich & Berg, a Georgia-based fund reported 30,011 shares. Ipg Inv Lc holds 0% in Micron Technology, Inc. (NASDAQ:MU) or 39,822 shares. Wafra Advisory Gru Incorporated Ny has invested 0.94% in Micron Technology, Inc. (NASDAQ:MU). Raymond James Fincl Svcs Inc stated it has 0.17% of its portfolio in Micron Technology, Inc. (NASDAQ:MU).

Since January 2, 2018, it had 0 insider buys, and 15 sales for $9.36 million activity. Deboer Scott J sold $638,380 worth of stock or 14,750 shares. 1,222 shares were sold by ARNZEN APRIL S, worth $53,487. JOHNSON MERCEDES sold $1.26M worth of Micron Technology, Inc. (NASDAQ:MU) on Monday, April 2. Mondry Lawrence N had sold 50,000 shares worth $2.17 million. Thorsen Steven L. JR had sold 28,089 shares worth $1.36M on Tuesday, May 8. Byrne Patrick J had sold 14,360 shares worth $665,058.

Among 7 analysts covering Broadridge Financial Solutions (NYSE:BR), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Broadridge Financial Solutions had 19 analyst reports since August 14, 2015 according to SRatingsIntel. Atlantic Securities initiated the shares of BR in report on Tuesday, September 13 with “Overweight” rating. Barclays Capital maintained the shares of BR in report on Friday, February 9 with “Equal-Weight” rating. The company was maintained on Monday, November 2 by Barclays Capital. The stock of Broadridge Financial Solutions, Inc. (NYSE:BR) has “Neutral” rating given on Wednesday, March 28 by DA Davidson. The firm earned “Overweight” rating on Wednesday, September 16 by Barclays Capital. The rating was maintained by JP Morgan with “Neutral” on Friday, August 14. Avondale upgraded it to “Market Outperform” rating and $60 target in Friday, January 8 report. The rating was upgraded by Zacks on Friday, August 14 to “Sell”. The rating was maintained by Sandler O’Neill on Thursday, February 8 with “Hold”. The company was maintained on Wednesday, August 10 by Barclays Capital.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.21, from 1.14 in 2017Q4. It is negative, as 32 investors sold BR shares while 197 reduced holdings. 76 funds opened positions while 136 raised stakes. 97.11 million shares or 1.92% more from 95.28 million shares in 2017Q4 were reported. Finemark Savings Bank Trust has 3,579 shares for 0.03% of their portfolio. Bridges owns 0.09% invested in Broadridge Financial Solutions, Inc. (NYSE:BR) for 17,325 shares. M&T Savings Bank holds 0.03% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 57,298 shares. Fiera Capital has invested 0.31% in Broadridge Financial Solutions, Inc. (NYSE:BR). 23,080 were reported by Fdx Advisors Inc. Weatherstone owns 1,831 shares for 0.15% of their portfolio. Moreover, Cwm Ltd Limited Liability Company has 0% invested in Broadridge Financial Solutions, Inc. (NYSE:BR). 91,860 are held by Waddell Reed Fincl. Cornerstone Advsrs Inc has 0.06% invested in Broadridge Financial Solutions, Inc. (NYSE:BR) for 809 shares. Boston Advsrs Ltd Liability Company reported 78,740 shares. Pnc Group Incorporated reported 75,139 shares or 0.01% of all its holdings. Bowling Portfolio Ltd holds 0.75% of its portfolio in Broadridge Financial Solutions, Inc. (NYSE:BR) for 49,889 shares. Hall Laurie J Trustee has 0.08% invested in Broadridge Financial Solutions, Inc. (NYSE:BR). Advsr Asset invested in 0.13% or 79,721 shares. Salem Inv Counselors Inc owns 150 shares for 0% of their portfolio.

Analysts await Broadridge Financial Solutions, Inc. (NYSE:BR) to report earnings on August, 9. They expect $1.88 EPS, up 9.94% or $0.17 from last year’s $1.71 per share. BR’s profit will be $221.68 million for 15.60 P/E if the $1.88 EPS becomes a reality. After $1.00 actual EPS reported by Broadridge Financial Solutions, Inc. for the previous quarter, Wall Street now forecasts 88.00% EPS growth.

Broadridge Financial Solutions, Inc. (NYSE:BR) Institutional Positions Chart

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