As Red Hat (RHT) Stock Price Rose, Tremblant Capital Group Has Decreased Its Holding by $52.27 Million; Keybank National Association Has Cut Its Senior Hsg Pptys Tr (SNH) Holding by $310,688

May 25, 2018 - By Jonathan Benavides

Red Hat, Inc. (NYSE:RHT) Logo

Keybank National Association decreased its stake in Senior Hsg Pptys Tr (SNH) by 33.73% based on its latest 2017Q4 regulatory filing with the SEC. Keybank National Association sold 16,352 shares as the company’s stock declined 19.06% with the market. The institutional investor held 32,123 shares of the real estate investment trusts company at the end of 2017Q4, valued at $615,000, down from 48,475 at the end of the previous reported quarter. Keybank National Association who had been investing in Senior Hsg Pptys Tr for a number of months, seems to be less bullish one the $4.05B market cap company. The stock increased 0.95% or $0.16 during the last trading session, reaching $17.04. About 1.96M shares traded or 38.31% up from the average. Senior Housing Properties Trust (NYSE:SNH) has declined 24.21% since May 25, 2017 and is downtrending. It has underperformed by 35.76% the S&P500.

Brett Barakett decreased its stake in Red Hat Inc (RHT) by 60.79% based on its latest 2017Q4 regulatory filing with the SEC. Tremblant Capital Group sold 435,566 shares as the company’s stock rose 25.63% while stock markets declined. The hedge fund run by Brett Barakett held 280,934 shares of the technology company at the end of 2017Q4, valued at $33.74 million, down from 716,500 at the end of the previous reported quarter. Tremblant Capital Group who had been investing in Red Hat Inc for a number of months, seems to be less bullish one the $29.33 billion market cap company. The stock increased 0.51% or $0.83 during the last trading session, reaching $165.09. About 1.28M shares traded. Red Hat, Inc. (NYSE:RHT) has risen 87.86% since May 25, 2017 and is uptrending. It has outperformed by 76.31% the S&P500.

Analysts await Red Hat, Inc. (NYSE:RHT) to report earnings on June, 19. They expect $0.49 EPS, up 22.50% or $0.09 from last year’s $0.4 per share. RHT’s profit will be $87.06M for 84.23 P/E if the $0.49 EPS becomes a reality. After $0.73 actual EPS reported by Red Hat, Inc. for the previous quarter, Wall Street now forecasts -32.88% negative EPS growth.

Tremblant Capital Group, which manages about $3.75B and $2.07B US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 13,326 shares to 378,417 shares, valued at $65.25 million in 2017Q4, according to the filing. It also increased its holding in Five9 Inc (NASDAQ:FIVN) by 312,240 shares in the quarter, for a total of 1.13 million shares, and has risen its stake in Ishares Tr (Put) (IJR).

Among 40 analysts covering Red Hat (NYSE:RHT), 29 have Buy rating, 1 Sell and 10 Hold. Therefore 73% are positive. Red Hat had 135 analyst reports since August 25, 2015 according to SRatingsIntel. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Outperform”. Credit Suisse maintained Red Hat, Inc. (NYSE:RHT) rating on Tuesday, September 26. Credit Suisse has “Neutral” rating and $113 target. KeyBanc Capital Markets maintained Red Hat, Inc. (NYSE:RHT) on Monday, March 26 with “Buy” rating. The firm earned “Buy” rating on Tuesday, September 26 by Northland Capital. The company was maintained on Tuesday, March 27 by Northland Capital. The firm has “Buy” rating given on Friday, December 15 by Stifel Nicolaus. On Friday, August 25 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by Drexel Hamilton on Tuesday, June 20 with “Buy”. Cowen & Co maintained the stock with “Buy” rating in Friday, September 22 report. The stock of Red Hat, Inc. (NYSE:RHT) has “Overweight” rating given on Tuesday, September 26 by JP Morgan.

Investors sentiment decreased to 1.12 in Q4 2017. Its down 0.11, from 1.23 in 2017Q3. It dropped, as 45 investors sold RHT shares while 179 reduced holdings. 92 funds opened positions while 159 raised stakes. 159.29 million shares or 1.06% more from 157.62 million shares in 2017Q3 were reported. Valley Advisers accumulated 14 shares or 0% of the stock. Amalgamated Bancorp owns 23,390 shares or 0.08% of their US portfolio. Mason Street Advisors Limited Liability Com holds 0.07% of its portfolio in Red Hat, Inc. (NYSE:RHT) for 24,647 shares. Goldman Sachs Gp Inc reported 0.05% in Red Hat, Inc. (NYSE:RHT). Tarbox Family Office stated it has 0% of its portfolio in Red Hat, Inc. (NYSE:RHT). Meeder Asset reported 14,552 shares. Laurion Ltd Partnership owns 30,662 shares. First Tru Advsr LP owns 0.24% invested in Red Hat, Inc. (NYSE:RHT) for 842,116 shares. Stevens Cap Limited Partnership reported 0.12% of its portfolio in Red Hat, Inc. (NYSE:RHT). Ontario Teachers Pension Plan Board invested in 16,672 shares or 0.02% of the stock. Gemmer Asset Mgmt Llc accumulated 65 shares. Kbc Gru Nv owns 297,221 shares. Morgan Dempsey Capital Management Ltd Liability Co owns 608 shares. Strs Ohio owns 268,151 shares. Rhumbline Advisers invested in 339,975 shares.

Keybank National Association, which manages about $17.45 billion US Long portfolio, upped its stake in Copart Inc (NASDAQ:CPRT) by 9,361 shares to 16,204 shares, valued at $700,000 in 2017Q4, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLE) by 33,618 shares in the quarter, for a total of 67,943 shares, and has risen its stake in Vanguard Index Fds (VUG).

Another recent and important Senior Housing Properties Trust (NASDAQ:SNH) news was published by Businesswire.com which published an article titled: “Five Star Senior Living Inc. Announces First Quarter 2018 Results” on May 15, 2018.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.13, from 1.07 in 2017Q3. It improved, as 29 investors sold SNH shares while 82 reduced holdings. 33 funds opened positions while 100 raised stakes. 173.57 million shares or 0.02% less from 173.60 million shares in 2017Q3 were reported. Sigma Planning Corporation reported 10,620 shares. Cadence Capital Mgmt Ltd Liability Corp holds 0.01% in Senior Housing Properties Trust (NASDAQ:SNH) or 12,064 shares. Stevens Capital Mngmt Limited Partnership invested in 116,639 shares or 0.09% of the stock. Qs Investors Limited Liability Company reported 0.02% in Senior Housing Properties Trust (NASDAQ:SNH). Tekla Capital Mgmt Lc accumulated 646,554 shares or 0.48% of the stock. Tower Research Cap Ltd Liability Co (Trc) invested 0.01% in Senior Housing Properties Trust (NASDAQ:SNH). Federated Investors Pa invested in 0.01% or 102,187 shares. Kistler reported 0% stake. Lakeview Capital Prtn Lc stated it has 11,025 shares. Bennicas & Associates Incorporated, California-based fund reported 31,280 shares. Millennium Mgmt Limited Company accumulated 625,235 shares. 47,584 are held by Amalgamated Bancorporation. Voya Llc reported 63,481 shares. Royal Bankshares Of Canada accumulated 227,468 shares. Zacks Mgmt owns 264,785 shares.

Among 9 analysts covering Senior Housing Properties Trust (NYSE:SNH), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Senior Housing Properties Trust had 42 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, January 12, the company rating was upgraded by Jefferies. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, September 25 report. As per Friday, June 17, the company rating was upgraded by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, January 24 by Cantor Fitzgerald. Jefferies maintained it with “Hold” rating and $2100 target in Monday, June 12 report. Jefferies maintained Senior Housing Properties Trust (NASDAQ:SNH) on Thursday, July 13 with “Hold” rating. The firm has “Hold” rating given on Monday, July 24 by RBC Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, November 21. Robert W. Baird maintained Senior Housing Properties Trust (NASDAQ:SNH) rating on Friday, January 5. Robert W. Baird has “Hold” rating and $19.0 target. The stock of Senior Housing Properties Trust (NASDAQ:SNH) earned “Neutral” rating by Robert W. Baird on Friday, March 10.

Analysts await Senior Housing Properties Trust (NASDAQ:SNH) to report earnings on August, 2. They expect $0.44 earnings per share, 0.00% or $0.00 from last year’s $0.44 per share. SNH’s profit will be $104.55M for 9.68 P/E if the $0.44 EPS becomes a reality. After $0.45 actual earnings per share reported by Senior Housing Properties Trust for the previous quarter, Wall Street now forecasts -2.22% negative EPS growth.

Senior Housing Properties Trust (NASDAQ:SNH) Institutional Positions Chart

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