Orbotech LTD (ORBK) Valuation Rose While Lazard Asset Management Has Lifted by $1.65 Million Its Stake; Callon Pete Co Del (CPE) Share Value Rose While Rr Advisors Boosted Position

May 25, 2018 - By Hazel Jackson

Orbotech Ltd. (NASDAQ:ORBK) Logo

Lazard Asset Management Llc increased its stake in Orbotech Ltd (ORBK) by 8.65% based on its latest 2017Q4 regulatory filing with the SEC. Lazard Asset Management Llc bought 32,930 shares as the company’s stock rose 23.02% while stock markets declined. The institutional investor held 413,540 shares of the industrial machinery and components company at the end of 2017Q4, valued at $20.78M, up from 380,610 at the end of the previous reported quarter. Lazard Asset Management Llc who had been investing in Orbotech Ltd for a number of months, seems to be bullish on the $3.08 billion market cap company. The stock decreased 0.08% or $0.05 during the last trading session, reaching $63.44. About 345,909 shares traded. Orbotech Ltd. (NASDAQ:ORBK) has risen 91.25% since May 25, 2017 and is uptrending. It has outperformed by 79.70% the S&P500.

Rr Advisors Llc increased its stake in Callon Pete Co Del (CPE) by 58.14% based on its latest 2017Q4 regulatory filing with the SEC. Rr Advisors Llc bought 250,000 shares as the company’s stock rose 1.69% while stock markets declined. The institutional investor held 680,000 shares of the oil & gas production company at the end of 2017Q4, valued at $8.26 million, up from 430,000 at the end of the previous reported quarter. Rr Advisors Llc who had been investing in Callon Pete Co Del for a number of months, seems to be bullish on the $2.52 billion market cap company. The stock decreased 5.02% or $0.66 during the last trading session, reaching $12.48. About 6.44 million shares traded or 51.34% up from the average. Callon Petroleum Company (NYSE:CPE) has risen 0.92% since May 25, 2017 and is uptrending. It has underperformed by 10.63% the S&P500.

Among 10 analysts covering Orbotech (NASDAQ:ORBK), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Orbotech had 27 analyst reports since September 8, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ORBK in report on Friday, November 6 with “Outperform” rating. The rating was maintained by Needham on Tuesday, November 7 with “Buy”. On Thursday, December 10 the stock rating was maintained by Needham with “Buy”. The stock of Orbotech Ltd. (NASDAQ:ORBK) earned “Buy” rating by Needham on Monday, November 16. The rating was maintained by Jefferies with “Buy” on Monday, September 11. Barclays Capital maintained Orbotech Ltd. (NASDAQ:ORBK) rating on Thursday, November 2. Barclays Capital has “Overweight” rating and $54 target. Cowen & Co initiated Orbotech Ltd. (NASDAQ:ORBK) on Tuesday, January 5 with “Outperform” rating. The stock has “Buy” rating by Jefferies on Monday, July 10. Lake Street maintained the shares of ORBK in report on Monday, January 22 with “Buy” rating. Oppenheimer maintained Orbotech Ltd. (NASDAQ:ORBK) on Wednesday, December 2 with “Outperform” rating.

Lazard Asset Management Llc, which manages about $52.81 billion US Long portfolio, decreased its stake in Aberdeen Latin (LAQ) by 97,317 shares to 763,492 shares, valued at $20.40 million in 2017Q4, according to the filing. It also reduced its holding in Applied Matls I (NASDAQ:AMAT) by 933,435 shares in the quarter, leaving it with 5.09 million shares, and cut its stake in Lxrx 5.25 21 (Prn).

Investors sentiment decreased to 1.41 in 2017 Q4. Its down 0.22, from 1.63 in 2017Q3. It dived, as 28 investors sold CPE shares while 75 reduced holdings. 37 funds opened positions while 108 raised stakes. 258.40 million shares or 2.97% more from 250.94 million shares in 2017Q3 were reported. California Public Employees Retirement System has 648,500 shares. Mesirow Finance Inv Mngmt has 1.25 million shares for 1.08% of their portfolio. Los Angeles Mngmt Equity Research Inc has 15,370 shares. Aqr Capital Management Lc holds 0% or 177,374 shares in its portfolio. Mackenzie Fincl Corporation accumulated 62,500 shares or 0% of the stock. 1492 Cap Mngmt Ltd Liability holds 1.81% or 190,965 shares in its portfolio. Glenmede Na accumulated 0.18% or 3.59 million shares. Intrust Bank & Trust Na holds 11,717 shares. Amer Century Companies Inc invested in 555,949 shares or 0.01% of the stock. 21.60M were reported by Blackrock Inc. 63,990 are owned by United Advisers Limited Liability Com. Teton Advsrs accumulated 0.27% or 244,844 shares. Adams Natural Resources Fund owns 273,500 shares for 0.5% of their portfolio. Driehaus Cap Ltd Com owns 121,930 shares. Avalon Advisors reported 19,336 shares.

More important recent Callon Petroleum Company (NYSE:CPE) news were published by: Benzinga.com which released: “10 Stocks To Watch For May 25, 2018” on May 25, 2018, also Streetinsider.com published article titled: “After-Hours Stock Movers 05/24: (VTGN) (NWY) (CAVM) Higher; (ZOES) (BGSF) (EGHT) Lower (more…)”, Benzinga.com published: “7 Stocks Moving In Thursday’s After-Hours Session” on May 24, 2018. More interesting news about Callon Petroleum Company (NYSE:CPE) was released by: Seekingalpha.com and their article: “Callon Petroleum to buy Permian acreage for $570M, plans 22M-share offering” with publication date: May 24, 2018.

Callon Petroleum Company (NYSE:CPE) Institutional Positions Chart

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