Check Point Software Tech Lt (CHKP) Position Has Upped by Oppenheimer Asset Management Inc; Dollar Tree (DLTR) Shares Declined While Steadfast Capital Management LP Has Lowered by $26.51 Million Its Stake

January 14, 2018 - By reb123z

Oppenheimer Asset Management Inc increased its stake in Check Point Software Tech Lt (CHKP) by 3.82% based on its latest 2017Q3 regulatory filing with the SEC. Oppenheimer Asset Management Inc bought 3,401 shares as the company’s stock rose 7.13% with the market. The institutional investor held 92,548 shares of the prepackaged software company at the end of 2017Q3, valued at $10.55 million, up from 89,147 at the end of the previous reported quarter. Oppenheimer Asset Management Inc who had been investing in Check Point Software Tech Lt for a number of months, seems to be bullish on the $16.84 billion market cap company. The stock increased 0.06% or $0.06 during the last trading session, reaching $103. About 999,049 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 31.64% since January 14, 2017 and is uptrending. It has outperformed by 14.94% the S&P500.

Robert Pitts decreased its stake in Dollar Tree Inc (DLTR) by 26.85% based on its latest 2017Q3 regulatory filing with the SEC. Steadfast Capital Management Lp sold 308,203 shares as the company’s stock declined 0.40% while stock markets rallied. The hedge fund run by Robert Pitts held 839,757 shares of the consumer services company at the end of 2017Q3, valued at $72.91M, down from 1.15M at the end of the previous reported quarter. Steadfast Capital Management Lp who had been investing in Dollar Tree Inc for a number of months, seems to be less bullish one the $27.23 billion market cap company. The stock increased 3.13% or $3.49 during the last trading session, reaching $114.84. About 2.40M shares traded or 11.62% up from the average. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 3.60% since January 14, 2017 and is uptrending. It has underperformed by 13.10% the S&P500.

Since September 12, 2017, it had 0 buys, and 6 insider sales for $9.14 million activity. PHILBIN GARY M also sold $236,180 worth of Dollar Tree, Inc. (NASDAQ:DLTR) shares. $136,062 worth of Dollar Tree, Inc. (NASDAQ:DLTR) shares were sold by Old William A. JR. 5,596 shares valued at $493,837 were sold by Jacobs David A. on Monday, September 25. The insider BROCK MACON F JR sold 63,000 shares worth $5.74M.

Analysts await Dollar Tree, Inc. (NASDAQ:DLTR) to report earnings on March, 7. They expect $1.87 EPS, up 34.53% or $0.48 from last year’s $1.39 per share. DLTR’s profit will be $443.37 million for 15.35 P/E if the $1.87 EPS becomes a reality. After $1.01 actual EPS reported by Dollar Tree, Inc. for the previous quarter, Wall Street now forecasts 85.15% EPS growth.

Steadfast Capital Management Lp, which manages about $8.17 billion and $6.46B US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 121,749 shares to 606,804 shares, valued at $103.69M in 2017Q3, according to the filing. It also increased its holding in Marathon Pete Corp (NYSE:MPC) by 591,642 shares in the quarter, for a total of 4.12M shares, and has risen its stake in Iac Interactivecorp (NASDAQ:IACI).

Among 34 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 22 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. Dollar Tree Inc. had 92 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Hold” rating by Jefferies on Thursday, September 28. The firm earned “Overweight” rating on Thursday, October 13 by KeyBanc Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, May 25. The company was maintained on Tuesday, November 21 by Piper Jaffray. UBS maintained it with “Buy” rating and $100 target in Friday, May 27 report. RBC Capital Markets maintained the shares of DLTR in report on Friday, November 10 with “Buy” rating. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Hold” rating by Piper Jaffray on Sunday, August 20. The firm has “Equal-Weight” rating given on Friday, September 23 by Barclays Capital. Citigroup maintained Dollar Tree, Inc. (NASDAQ:DLTR) on Thursday, September 10 with “Neutral” rating. Bernstein initiated it with “Underperform” rating and $63 target in Monday, February 6 report.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.21, from 1.24 in 2017Q2. It dived, as 45 investors sold DLTR shares while 191 reduced holdings. 73 funds opened positions while 170 raised stakes. 202.27 million shares or 3.74% less from 210.13 million shares in 2017Q2 were reported. Sigma Planning Corp holds 5,922 shares or 0.04% of its portfolio. Federated Pa reported 0.01% in Dollar Tree, Inc. (NASDAQ:DLTR). 290,590 were accumulated by Manufacturers Life Insur The. Nuveen Asset Limited Liability Corp holds 0% or 5,995 shares. Mitsubishi Ufj Securities Hldgs Ltd holds 100 shares or 0.04% of its portfolio. Point72 Asset Management Limited Partnership holds 332,560 shares or 0.13% of its portfolio. 5,150 are owned by Fernwood Inv Management Ltd Co. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.03% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 41,949 shares. Steadfast Cap Ltd Partnership has invested 1.13% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Rocky Mountain Advisers holds 0.01% or 22 shares. Moreover, Rockefeller Fincl Svcs has 0% invested in Dollar Tree, Inc. (NASDAQ:DLTR). 2,496 are held by Argi Investment Limited Liability Company. Nordea Investment owns 2.13M shares or 0.45% of their US portfolio. Ci Global Invs reported 0.8% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Tradition Cap Limited Liability Corporation holds 0.07% or 2,500 shares.

Among 32 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 6 have Buy rating, 1 Sell and 25 Hold. Therefore 19% are positive. Check Point Software Technologies Ltd. had 68 analyst reports since September 10, 2015 according to SRatingsIntel. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 10. On Thursday, September 15 the stock rating was initiated by Guggenheim with “Neutral”. The company was maintained on Tuesday, July 25 by Argus Research. JP Morgan maintained Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Wednesday, November 1 with “Neutral” rating. The company was maintained on Tuesday, June 13 by Oppenheimer. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Hold” rating given on Tuesday, September 13 by Wunderlich. The rating was maintained by Stifel Nicolaus on Monday, July 17 with “Hold”. The firm has “Hold” rating given on Wednesday, November 1 by BTIG Research. The rating was initiated by Robert W. Baird on Wednesday, August 24 with “Neutral”. Citigroup maintained the shares of CHKP in report on Friday, July 21 with “Neutral” rating.

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