As Lam Research (LRCX) Share Price Rose, Shareholder Pioneer Investment Management Trimmed Holding; New Amsterdam Partners Position in Cbre Group Cl A (CBG) Has Lowered as Stock Value Declined

February 19, 2018 - By Adrian Mccoy

New Amsterdam Partners Llc decreased its stake in Cbre Group Inc Cl A (CBG) by 15.03% based on its latest 2017Q3 regulatory filing with the SEC. New Amsterdam Partners Llc sold 9,958 shares as the company’s stock declined 5.61% while stock markets rallied. The institutional investor held 56,318 shares of the finance company at the end of 2017Q3, valued at $2.13 million, down from 66,276 at the end of the previous reported quarter. New Amsterdam Partners Llc who had been investing in Cbre Group Inc Cl A for a number of months, seems to be less bullish one the $15.13B market cap company. The stock increased 0.60% or $0.27 during the last trading session, reaching $45.2. About 2.10M shares traded or 4.91% up from the average. CBRE Group, Inc. (NYSE:CBG) has risen 21.33% since February 19, 2017 and is uptrending. It has outperformed by 4.63% the S&P500.

Pioneer Investment Management Inc decreased its stake in Lam Research Corporation (LRCX) by 29.76% based on its latest 2017Q3 regulatory filing with the SEC. Pioneer Investment Management Inc sold 194,627 shares as the company’s stock rose 32.64% with the market. The institutional investor held 459,324 shares of the industrial machinery and components company at the end of 2017Q3, valued at $84.99 million, down from 653,951 at the end of the previous reported quarter. Pioneer Investment Management Inc who had been investing in Lam Research Corporation for a number of months, seems to be less bullish one the $30.62 billion market cap company. The stock increased 1.18% or $2.2 during the last trading session, reaching $187.91. About 4.34 million shares traded or 20.33% up from the average. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since February 19, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.

New Amsterdam Partners Llc, which manages about $478.64M US Long portfolio, upped its stake in Emergent Biosolutions Inc (NYSE:EBS) by 65,109 shares to 163,337 shares, valued at $6.61 million in 2017Q3, according to the filing. It also increased its holding in Klx Inc by 12,894 shares in the quarter, for a total of 76,519 shares, and has risen its stake in Insight Enterprises Inc (NASDAQ:NSIT).

Among 11 analysts covering CBRE Group (NYSE:CBG), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. CBRE Group had 26 analyst reports since August 12, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of CBG in report on Tuesday, October 10 with “Hold” rating. The rating was reinitiated by William Blair with “Buy” on Friday, February 2. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, February 9. On Wednesday, August 26 the stock rating was initiated by Sterne Agee CRT with “Buy”. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Overweight” rating by Barclays Capital on Tuesday, July 18. The stock has “Overweight” rating by Barclays Capital on Thursday, September 3. Goldman Sachs downgraded the stock to “Conviction-Buy” rating in Wednesday, August 12 report. The stock of CBRE Group, Inc. (NYSE:CBG) has “Hold” rating given on Thursday, July 20 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. Keefe Bruyette & Woods maintained the shares of CBG in report on Thursday, July 27 with “Hold” rating.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It improved, as 24 investors sold CBG shares while 172 reduced holdings. 60 funds opened positions while 129 raised stakes. 313.05 million shares or 0.66% less from 315.14 million shares in 2017Q2 were reported. California State Teachers Retirement Systems holds 0.04% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 502,420 shares. Moreover, Lombard Odier Asset Mngmt (Switzerland) has 0.29% invested in CBRE Group, Inc. (NYSE:CBG). New Mexico Educational Retirement Board has 27,999 shares for 0.05% of their portfolio. Reliance Tru Company Of Delaware holds 0.03% or 5,997 shares in its portfolio. Parametric Port Limited Liability Company invested in 940,617 shares or 0.04% of the stock. Prudential Finance Incorporated holds 0.24% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 3.76 million shares. Moreover, Hartford Company has 0.07% invested in CBRE Group, Inc. (NYSE:CBG). Meridian Counsel reported 0.69% of its portfolio in CBRE Group, Inc. (NYSE:CBG). Moreover, Whittier has 0% invested in CBRE Group, Inc. (NYSE:CBG) for 574 shares. Victory Cap holds 0.12% or 1.40 million shares. Teacher Retirement Systems Of Texas invested in 192,413 shares or 0.04% of the stock. Royal State Bank Of Canada invested in 0.01% or 628,531 shares. Trust Invest holds 3.26% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 96,509 shares. Apg Asset Mngmt Nv holds 0.01% in CBRE Group, Inc. (NYSE:CBG) or 175,400 shares. Nippon Life Global Invsts Americas Inc owns 78,140 shares or 0.25% of their US portfolio.

Since August 22, 2017, it had 0 insider purchases, and 10 selling transactions for $206.92 million activity. 25,000 shares were sold by Frese Calvin W Jr, worth $1.00M. $197.45 million worth of CBRE Group, Inc. (NYSE:CBG) was sold by ValueAct Holdings – L.P.. 50,000 CBRE Group, Inc. (NYSE:CBG) shares with value of $2.25M were sold by GROCH JAMES R. $298,644 worth of stock was sold by MALEK FREDERIC V on Monday, December 11. On Friday, September 8 Midler Laurence H sold $113,005 worth of CBRE Group, Inc. (NYSE:CBG) or 3,139 shares. Shares for $975,493 were sold by CONCANNON WILLIAM F.

Since September 11, 2017, it had 0 insider buys, and 11 sales for $12.77 million activity. 15,638 shares were sold by ARCHER TIMOTHY, worth $2.75 million. Varadarajan Seshasayee also sold $5.47 million worth of Lam Research Corporation (NASDAQ:LRCX) shares.

Pioneer Investment Management Inc, which manages about $65.36 billion and $31.40 billion US Long portfolio, upped its stake in Kla (NASDAQ:KLAC) by 42,590 shares to 241,142 shares, valued at $25.56M in 2017Q3, according to the filing. It also increased its holding in Acacia Communications Inc by 941,232 shares in the quarter, for a total of 1.05 million shares, and has risen its stake in Hain Celestial Group Inc (NASDAQ:HAIN).

Among 25 analysts covering Lam Research Corporation (NASDAQ:LRCX), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lam Research Corporation had 79 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Friday, June 16. The rating was maintained by Citigroup with “Buy” on Thursday, October 6. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Underperform”. The company was upgraded on Friday, September 25 by Credit Agricole. The company was maintained on Wednesday, October 18 by Citigroup. RBC Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) rating on Friday, January 13. RBC Capital Markets has “Outperform” rating and $120 target. The firm has “Buy” rating given on Wednesday, October 18 by Bank of America. Needham maintained Lam Research Corporation (NASDAQ:LRCX) rating on Thursday, October 20. Needham has “Buy” rating and $120 target. On Monday, May 16 the stock rating was maintained by Cowen & Co with “Outperform”. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, October 17.

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