Pacific Global Investment Management Company Holding In Mcdonalds (MCD) Was Has Lifted; Quentec Asset Management Lowered Finisar (FNSR) Holding by $18.53 Million

February 20, 2018 - By Vivian Park

Quentec Asset Management Llc decreased its stake in Finisar Corp (FNSR) by 43.81% based on its latest 2017Q3 regulatory filing with the SEC. Quentec Asset Management Llc sold 842,339 shares as the company’s stock declined 30.13% while stock markets rallied. The hedge fund held 1.08M shares of the semiconductors company at the end of 2017Q3, valued at $23.96 million, down from 1.92 million at the end of the previous reported quarter. Quentec Asset Management Llc who had been investing in Finisar Corp for a number of months, seems to be less bullish one the $2.07 billion market cap company. The stock increased 1.23% or $0.22 during the last trading session, reaching $18.12. About 1.52 million shares traded. Finisar Corporation (NASDAQ:FNSR) has risen 53.92% since February 20, 2017 and is uptrending. It has outperformed by 37.22% the S&P500.

Pacific Global Investment Management Company increased its stake in Mcdonalds Corp (MCD) by 8.56% based on its latest 2017Q3 regulatory filing with the SEC. Pacific Global Investment Management Company bought 3,969 shares as the company’s stock rose 15.92% with the market. The institutional investor held 50,353 shares of the restaurants company at the end of 2017Q3, valued at $7.89M, up from 46,384 at the end of the previous reported quarter. Pacific Global Investment Management Company who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $125.27B market cap company. The stock decreased 0.41% or $0.65 during the last trading session, reaching $157.14. About 4.66M shares traded or 23.14% up from the average. McDonald's Corporation (NYSE:MCD) has risen 18.25% since February 20, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Quentec Asset Management Llc, which manages about $578.63 million and $997.84M US Long portfolio, upped its stake in Canadian Solar Inc (NASDAQ:CSIQ) by 52,412 shares to 2.76M shares, valued at $46.41M in 2017Q3, according to the filing. It also increased its holding in Viavi Solutions Inc (Call) by 1.54M shares in the quarter, for a total of 1.91M shares, and has risen its stake in 8Point3 Energy Partners Lp.

Among 18 analysts covering Finisar Corporation (NASDAQ:FNSR), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. Finisar Corporation had 74 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 11 by Goldman Sachs. The company was upgraded on Friday, September 9 by M Partners. The firm has “Buy” rating given on Friday, June 16 by William Blair. The stock of Finisar Corporation (NASDAQ:FNSR) has “Buy” rating given on Wednesday, November 1 by Jefferies. The firm earned “Equal-Weight” rating on Friday, January 8 by Barclays Capital. On Thursday, October 12 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Finisar Corporation (NASDAQ:FNSR) has “Strong Buy” rating given on Monday, March 13 by Raymond James. The company was upgraded on Monday, January 29 by Needham. William Blair upgraded the stock to “Outperform” rating in Friday, September 9 report. The firm has “Buy” rating given on Monday, October 23 by Northland Capital.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.03, from 1.23 in 2017Q2. It is positive, as 47 investors sold FNSR shares while 58 reduced holdings. 46 funds opened positions while 86 raised stakes. 100.50 million shares or 5.91% more from 94.89 million shares in 2017Q2 were reported. 1.06M were accumulated by Price T Rowe Assoc Inc Md. Aqr Mgmt Ltd Liability Corp invested 0.01% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Rhumbline Advisers invested in 0.01% or 134,194 shares. Fmr Limited, Massachusetts-based fund reported 502,540 shares. Invesco Limited has 0% invested in Finisar Corporation (NASDAQ:FNSR) for 85,308 shares. Parametric Portfolio Assocs Ltd Company reported 0.01% of its portfolio in Finisar Corporation (NASDAQ:FNSR). 18,500 are owned by Livforsakringsbolaget Skandia Omsesidigt. Weiss Multi reported 0.03% stake. Teacher Retirement Systems Of Texas, a Texas-based fund reported 9,193 shares. Thompson Siegel Walmsley Limited Liability stated it has 958,295 shares. Sei Invs stated it has 0.02% of its portfolio in Finisar Corporation (NASDAQ:FNSR). Kcm Invest Advsr Limited Liability reported 10,000 shares. Jpmorgan Chase And has invested 0% of its portfolio in Finisar Corporation (NASDAQ:FNSR). 12,165 are owned by Boothbay Fund Mngmt Lc. Texas Yale Corporation accumulated 31,523 shares or 0.06% of the stock.

Analysts await Finisar Corporation (NASDAQ:FNSR) to report earnings on March, 8. They expect $0.16 EPS, down 65.96% or $0.31 from last year’s $0.47 per share. FNSR’s profit will be $18.24M for 28.31 P/E if the $0.16 EPS becomes a reality. After $0.11 actual EPS reported by Finisar Corporation for the previous quarter, Wall Street now forecasts 45.45% EPS growth.

Since September 22, 2017, it had 0 insider purchases, and 5 insider sales for $1.24 million activity. CLARK JOHN H sold $154,031 worth of Finisar Corporation (NASDAQ:FNSR) on Wednesday, December 13. Adzema Kurt sold $443,554 worth of Finisar Corporation (NASDAQ:FNSR) on Monday, December 18. On Friday, September 22 FERGUSON ROGER C sold $58,500 worth of Finisar Corporation (NASDAQ:FNSR) or 2,726 shares. Another trade for 30,209 shares valued at $541,998 was made by RAWLS JERRY S on Wednesday, January 31.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.01, from 0.78 in 2017Q2. It fall, as 48 investors sold MCD shares while 638 reduced holdings. 121 funds opened positions while 404 raised stakes. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. Checchi Cap Advisers invested in 9,422 shares or 0.15% of the stock. Klingenstein Fields And Llc holds 12,417 shares. Wagner Bowman Mgmt, a Maryland-based fund reported 24,862 shares. Bnp Paribas Asset Mgmt Sa reported 190,493 shares. Moreover, Davis R M has 0.12% invested in McDonald's Corporation (NYSE:MCD). 4,336 are held by Grp Limited. Adage Grp Incorporated Limited Liability invested 0.56% in McDonald's Corporation (NYSE:MCD). Dowling Yahnke Limited Liability invested in 52,614 shares or 0.84% of the stock. Duff And Phelps Management reported 0.02% stake. Omers Administration Corporation reported 0.04% stake. Nomura Asset Mgmt Limited has invested 0.29% in McDonald's Corporation (NYSE:MCD). Zwj Invest Counsel has invested 0.09% of its portfolio in McDonald's Corporation (NYSE:MCD). Fuller & Thaler Asset Management reported 4,990 shares. 2,489 were reported by Southeast Asset. 9,499 were reported by Papp L Roy.

Among 35 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation had 138 analyst reports since September 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained McDonald's Corporation (NYSE:MCD) rating on Wednesday, April 26. RBC Capital Markets has “Outperform” rating and $155 target. Deutsche Bank maintained McDonald's Corporation (NYSE:MCD) on Monday, April 25 with “Buy” rating. The rating was maintained by Nomura on Monday, October 17 with “Neutral”. The stock of McDonald's Corporation (NYSE:MCD) earned “Outperform” rating by Robert W. Baird on Tuesday, August 30. The rating was maintained by Cowen & Co on Wednesday, October 25 with “Buy”. As per Monday, January 29, the company rating was maintained by Bank of America. The rating was initiated by Nomura with “Neutral” on Thursday, October 1. The stock of McDonald's Corporation (NYSE:MCD) earned “Buy” rating by BMO Capital Markets on Wednesday, October 25. The stock of McDonald's Corporation (NYSE:MCD) has “Neutral” rating given on Wednesday, June 29 by Robert W. Baird. Jefferies maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, January 26. Jefferies has “Hold” rating and $115 target.

Since October 25, 2017, it had 0 insider buys, and 3 sales for $7.57 million activity. 8,046 shares were sold by Sappington James R, worth $1.33M on Wednesday, October 25. GOARE DOUGLAS M sold $6.00M worth of McDonald's Corporation (NYSE:MCD) on Wednesday, January 31.

Pacific Global Investment Management Company, which manages about $700.64 million and $442.95M US Long portfolio, decreased its stake in Sonic Automotive Inc (A) (NYSE:SAH) by 15,350 shares to 157,646 shares, valued at $3.22 million in 2017Q3, according to the filing. It also reduced its holding in Regional Management Corp (NYSE:RM) by 14,325 shares in the quarter, leaving it with 89,350 shares, and cut its stake in Hornbeck Offshore Services Inc (NYSE:HOS).

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