Massachusetts Financial Services Company Decreased Pnm Res (PNM) Holding; InterDigital, Inc. (IDCC) Had 3 Analysts Last Week

February 19, 2018 - By Jonathan Benavides

Among 5 analysts covering InterDigital (NASDAQ:IDCC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. InterDigital had 20 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Equal Weight” on Friday, February 24. The company was downgraded on Monday, September 26 by B. Riley & Co. The stock has “Equal Weight” rating by Barclays Capital on Friday, September 9. FBR Capital maintained it with “Buy” rating and $100.0 target in Wednesday, January 10 report. The rating was initiated by B. Riley & Co on Tuesday, February 23 with “Buy”. The firm has “Buy” rating by B. Riley & Co given on Wednesday, August 23. On Monday, February 12 the stock rating was maintained by FBR Capital with “Buy”. The stock of InterDigital, Inc. (NASDAQ:IDCC) has “Buy” rating given on Wednesday, January 3 by FBR Capital. As per Tuesday, August 8, the company rating was upgraded by Sidoti. B. Riley & Co maintained InterDigital, Inc. (NASDAQ:IDCC) rating on Friday, July 28. B. Riley & Co has “Buy” rating and $10000 target. See InterDigital, Inc. (NASDAQ:IDCC) latest ratings:

12/02/2018 Broker: FBR Capital Rating: Buy New Target: $100.0 Maintain
10/01/2018 Broker: FBR Capital Rating: Buy New Target: $100.0 Maintain
03/01/2018 Broker: FBR Capital Rating: Buy New Target: $100.0 Maintain
14/11/2017 Broker: FBR Capital Rating: Buy New Target: $100.0
27/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $100.0 Maintain
23/08/2017 Broker: B. Riley & Co Rating: Buy New Target: $100.0 Maintain

Massachusetts Financial Services Company decreased Pnm Res Inc (PNM) stake by 10.34% reported in 2017Q3 SEC filing. Massachusetts Financial Services Company sold 63,991 shares as Pnm Res Inc (PNM)’s stock rose 3.42%. The Massachusetts Financial Services Company holds 554,604 shares with $22.35 million value, down from 618,595 last quarter. Pnm Res Inc now has $2.85 billion valuation. The stock increased 0.42% or $0.15 during the last trading session, reaching $35.75. About 407,145 shares traded. PNM Resources, Inc. (NYSE:PNM) has risen 13.69% since February 19, 2017 and is uptrending. It has underperformed by 3.01% the S&P500.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.53, from 1.59 in 2017Q2. It fall, as 31 investors sold InterDigital, Inc. shares while 78 reduced holdings. 35 funds opened positions while 80 raised stakes. 24.87 million shares or 0.47% more from 24.75 million shares in 2017Q2 were reported. Ariel Invs Limited Liability Corporation reported 35,122 shares stake. Northern Trust Corporation holds 634,189 shares or 0.01% of its portfolio. Chicago Equity Partners Lc has 6,170 shares for 0.01% of their portfolio. Tompkins reported 0% in InterDigital, Inc. (NASDAQ:IDCC). Pennsylvania-based Glenmede Trust Company Na has invested 0% in InterDigital, Inc. (NASDAQ:IDCC). 57,500 are held by Swiss Fincl Bank. Wells Fargo And Comm Mn accumulated 0% or 40,784 shares. Burney Co has 66,627 shares for 0.35% of their portfolio. Nomura Inc holds 182,797 shares or 0.03% of its portfolio. Laurion Mgmt Ltd Partnership holds 14,306 shares. Panagora Asset Inc stated it has 14,372 shares or 0% of all its holdings. Cornerstone Hldgs Lc has invested 0.02% in InterDigital, Inc. (NASDAQ:IDCC). Century invested 0.01% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC). California Employees Retirement Systems owns 90,787 shares. State Common Retirement Fund reported 172,710 shares.

The stock decreased 1.43% or $1.15 during the last trading session, reaching $79.35. About 256,804 shares traded. InterDigital, Inc. (NASDAQ:IDCC) has risen 50.23% since February 19, 2017 and is uptrending. It has outperformed by 33.53% the S&P500.

InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. The company has market cap of $2.75 billion. It offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. It has a 10.99 P/E ratio. The firm develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, and 4G wireless networks and mobile terminal devices; and other wireless technologies related to Wi-Fi, WLAN, WMAN, and WRAN.

Massachusetts Financial Services Company increased Pra Group Inc (NASDAQ:PRAA) stake by 159,008 shares to 329,763 valued at $9.45M in 2017Q3. It also upped Lakeland Finl Corp (NASDAQ:LKFN) stake by 58,551 shares and now owns 241,826 shares. Madison Square Garden Co New was raised too.

Analysts await PNM Resources, Inc. (NYSE:PNM) to report earnings on February, 27. They expect $0.26 earnings per share, down 23.53% or $0.08 from last year’s $0.34 per share. PNM’s profit will be $20.71 million for 34.38 P/E if the $0.26 EPS becomes a reality. After $0.93 actual earnings per share reported by PNM Resources, Inc. for the previous quarter, Wall Street now forecasts -72.04% negative EPS growth.

Among 14 analysts covering PNM Resources (NYSE:PNM), 2 have Buy rating, 4 Sell and 8 Hold. Therefore 14% are positive. PNM Resources had 54 analyst reports since July 22, 2015 according to SRatingsIntel. Ladenburg downgraded PNM Resources, Inc. (NYSE:PNM) on Friday, August 18 to “Hold” rating. The stock has “Outperform” rating by RBC Capital Markets on Thursday, March 9. The stock of PNM Resources, Inc. (NYSE:PNM) earned “In-Line” rating by Evercore on Monday, April 3. SunTrust maintained the shares of PNM in report on Monday, September 26 with “Neutral” rating. SunTrust maintained PNM Resources, Inc. (NYSE:PNM) on Tuesday, January 16 with “Hold” rating. Gabelli upgraded it to “Buy” rating and $36.0 target in Monday, December 14 report. The firm has “Equal Weight” rating given on Friday, December 2 by Barclays Capital. Argus Research maintained it with “Buy” rating and $35.0 target in Thursday, December 24 report. The firm earned “Sell” rating on Thursday, January 18 by Mizuho. SunTrust maintained PNM Resources, Inc. (NYSE:PNM) on Monday, March 7 with “Neutral” rating.

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.10, from 1.38 in 2017Q2. It worsened, as 13 investors sold PNM shares while 69 reduced holdings. 38 funds opened positions while 67 raised stakes. 72.32 million shares or 1.78% less from 73.63 million shares in 2017Q2 were reported. Ameriprise Finance reported 1.32M shares. Assetmark has invested 0% in PNM Resources, Inc. (NYSE:PNM). Numeric Limited Liability Company owns 15,000 shares. Segall Bryant & Hamill Limited Liability Com stated it has 0.1% in PNM Resources, Inc. (NYSE:PNM). Cantab Capital Prtn Llp reported 0.05% stake. Texas-based Teacher Retirement Systems Of Texas has invested 0% in PNM Resources, Inc. (NYSE:PNM). 21,300 are owned by Louisiana State Employees Retirement System. Strs Ohio reported 0.01% in PNM Resources, Inc. (NYSE:PNM). Gabelli Funds Limited Liability Company holds 0.7% or 3.02 million shares. Principal Financial Group Incorporated Incorporated reported 1.47 million shares. Smith Graham And Company Investment Advsr Limited Partnership owns 157,990 shares. Legal And General Grp Inc Public Limited Com has 347,958 shares. Envestnet Asset Mngmt Incorporated owns 0% invested in PNM Resources, Inc. (NYSE:PNM) for 5,048 shares. Convergence Investment Ptnrs Limited, Wisconsin-based fund reported 93,922 shares. Renaissance Tech Ltd Com stated it has 1.88M shares or 0.09% of all its holdings.

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