Ivory Investment Management LP Increased Its Holding in Nuance Communications (NUAN) by $8.74 Million; Bruce & Co Decreased Amerco (UHAL) Position by $1.12 Million

February 15, 2018 - By wolcottdaily

Bruce & Co Inc decreased its stake in Amerco (UHAL) by 1.57% based on its latest 2017Q3 regulatory filing with the SEC. Bruce & Co Inc sold 3,000 shares as the company’s stock declined 0.39% while stock markets rallied. The institutional investor held 188,370 shares of the rental and leasing company at the end of 2017Q3, valued at $70.62 million, down from 191,370 at the end of the previous reported quarter. Bruce & Co Inc who had been investing in Amerco for a number of months, seems to be less bullish one the $6.99B market cap company. The stock increased 0.21% or $0.74 during the last trading session, reaching $356.24. About 81 shares traded. AMERCO (NASDAQ:UHAL) has risen 4.93% since February 15, 2017 and is uptrending. It has underperformed by 11.77% the S&P500.

Curtis Macnguyen increased its stake in Nuance Communications Inc (NUAN) by 10.56% based on its latest 2017Q3 regulatory filing with the SEC. Ivory Investment Management Lp bought 582,559 shares as the company’s stock rose 11.20% with the market. The hedge fund run by Curtis Macnguyen held 6.10M shares of the technology company at the end of 2017Q3, valued at $95.87M, up from 5.52 million at the end of the previous reported quarter. Ivory Investment Management Lp who had been investing in Nuance Communications Inc for a number of months, seems to be bullish on the $4.85B market cap company. The stock increased 0.52% or $0.085 during the last trading session, reaching $16.505. About 128,338 shares traded. Nuance Communications, Inc. (NASDAQ:NUAN) has risen 16.56% since February 15, 2017 and is uptrending. It has underperformed by 0.14% the S&P500.

Since September 1, 2017, it had 0 insider purchases, and 3 sales for $280,106 activity. The insider Siegel Kenneth M sold $74,912.

Among 11 analysts covering Nuance Communications (NASDAQ:NUAN), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Nuance Communications had 35 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Nuance Communications, Inc. (NASDAQ:NUAN) earned “Overweight” rating by Barclays Capital on Wednesday, August 9. The rating was upgraded by Morgan Stanley on Thursday, November 2 to “Overweight”. The stock of Nuance Communications, Inc. (NASDAQ:NUAN) earned “Equal-Weight” rating by Barclays Capital on Friday, April 15. Morgan Stanley maintained Nuance Communications, Inc. (NASDAQ:NUAN) rating on Tuesday, July 25. Morgan Stanley has “Equal-Weight” rating and $18 target. The company was maintained on Friday, August 7 by Canaccord Genuity. The firm has “Outperform” rating by Leerink Swann given on Wednesday, May 11. The rating was maintained by Deutsche Bank on Tuesday, August 9 with “Buy”. Deutsche Bank maintained Nuance Communications, Inc. (NASDAQ:NUAN) rating on Tuesday, November 17. Deutsche Bank has “Buy” rating and $30 target. Barclays Capital upgraded the shares of NUAN in report on Friday, January 6 to “Overweight” rating. The rating was maintained by Raymond James on Wednesday, August 9 with “Strong Buy”.

Ivory Investment Management Lp, which manages about $3.62 billion and $2.01 billion US Long portfolio, decreased its stake in Microsemi Corp (NASDAQ:MSCC) by 1.49 million shares to 507,400 shares, valued at $26.12M in 2017Q3, according to the filing. It also reduced its holding in Tempur Sealy Intl Inc (NYSE:TPX) by 139,210 shares in the quarter, leaving it with 443,611 shares, and cut its stake in Kraft Heinz Co (Call).

Investors sentiment increased to 0.95 in Q3 2017. Its up 0.06, from 0.89 in 2017Q2. It improved, as 49 investors sold NUAN shares while 98 reduced holdings. 40 funds opened positions while 100 raised stakes. 201.88 million shares or 0.45% less from 202.79 million shares in 2017Q2 were reported. First Eagle Investment Mngmt Ltd Liability Com has 0% invested in Nuance Communications, Inc. (NASDAQ:NUAN). Lapides Asset Mngmt Ltd Liability Corp has invested 0.75% in Nuance Communications, Inc. (NASDAQ:NUAN). Rothschild Asset Management accumulated 775,918 shares. Apg Asset Management Nv owns 210,044 shares. Moreover, Public Employees Retirement Association Of Colorado has 0.01% invested in Nuance Communications, Inc. (NASDAQ:NUAN) for 54,568 shares. Leucadia invested 0.13% in Nuance Communications, Inc. (NASDAQ:NUAN). Missouri-based First Allied Advisory Serv has invested 0.02% in Nuance Communications, Inc. (NASDAQ:NUAN). Amer Century Incorporated holds 0.03% of its portfolio in Nuance Communications, Inc. (NASDAQ:NUAN) for 2.03M shares. Jana Ltd reported 230,427 shares or 0.08% of all its holdings. Moreover, Campbell Invest Adviser Lc has 0.25% invested in Nuance Communications, Inc. (NASDAQ:NUAN). Cornerstone Cap Mngmt Hldgs Ltd Co has 504,773 shares. Minnesota-based Tealwood Asset Management has invested 0.72% in Nuance Communications, Inc. (NASDAQ:NUAN). Essex Inv Mgmt Ltd has 0.22% invested in Nuance Communications, Inc. (NASDAQ:NUAN). Tudor Inv Corporation Et Al reported 0.03% stake. Northern Trust owns 0.01% invested in Nuance Communications, Inc. (NASDAQ:NUAN) for 1.52 million shares.

Investors sentiment increased to 1.22 in Q3 2017. Its up 0.08, from 1.14 in 2017Q2. It increased, as 22 investors sold UHAL shares while 60 reduced holdings. 34 funds opened positions while 66 raised stakes. 5.67 million shares or 8.74% more from 5.22 million shares in 2017Q2 were reported. Oppenheimer Asset Inc accumulated 4,978 shares or 0.05% of the stock. Guggenheim Cap Lc has 0% invested in AMERCO (NASDAQ:UHAL). First Manhattan Communication invested in 373,165 shares. Utah Retirement System holds 0.01% or 900 shares in its portfolio. Ubs Asset Mgmt Americas Inc accumulated 15,880 shares. Congress Asset Ma reported 8,135 shares stake. Clough Capital Lp stated it has 35,610 shares. Neuberger Berman Grp Ltd invested 0% in AMERCO (NASDAQ:UHAL). California State Teachers Retirement Systems has 9,793 shares for 0.01% of their portfolio. Mitsubishi Ufj Trust & Bk holds 0.01% or 14,735 shares in its portfolio. Capstone Advsrs Limited Company reported 0.02% of its portfolio in AMERCO (NASDAQ:UHAL). Douglass Winthrop Advisors invested 0.03% in AMERCO (NASDAQ:UHAL). 119,000 were reported by Newtyn Management. Invest House Limited Liability Com has 0.04% invested in AMERCO (NASDAQ:UHAL) for 845 shares. Invesco Limited owns 3,117 shares.

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