As Macom Tech Solutions Hldgs I (MTSI) Stock Value Rose, Segment Wealth Management Has Cut Holding; As American Finl Group Ohio (AFG) Shares Rose, Shareholder New Vernon Investment Management Lowered Position

October 20, 2017 - By Linda Rogers

Segment Wealth Management Llc decreased its stake in Macom Tech Solutions Hldgs I (MTSI) by 17.59% based on its latest 2017Q2 regulatory filing with the SEC. Segment Wealth Management Llc sold 19,471 shares as the company’s stock rose 15.15% with the market. The institutional investor held 91,254 shares of the technology company at the end of 2017Q2, valued at $5.09 million, down from 110,725 at the end of the previous reported quarter. Segment Wealth Management Llc who had been investing in Macom Tech Solutions Hldgs I for a number of months, seems to be less bullish one the $2.37 billion market cap company. The stock decreased 1.63% or $0.61 during the last trading session, reaching $36.86. About 1.15 million shares traded or 52.89% up from the average. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) has risen 62.84% since October 20, 2016 and is uptrending. It has outperformed by 46.14% the S&P500.

New Vernon Investment Management Llc decreased its stake in American Finl Group Inc Ohio (AFG) by 29.26% based on its latest 2017Q2 regulatory filing with the SEC. New Vernon Investment Management Llc sold 11,715 shares as the company’s stock rose 5.81% with the market. The hedge fund held 28,320 shares of the finance company at the end of 2017Q2, valued at $2.82M, down from 40,035 at the end of the previous reported quarter. New Vernon Investment Management Llc who had been investing in American Finl Group Inc Ohio for a number of months, seems to be less bullish one the $9.27 billion market cap company. The stock decreased 0.28% or $0.3 during the last trading session, reaching $105.26. About 240,135 shares traded. American Financial Group Inc (NYSE:AFG) has risen 40.27% since October 20, 2016 and is uptrending. It has outperformed by 23.57% the S&P500.

Among 10 analysts covering M/A-Com Technology Solutions Holdings (NASDAQ:MTSI), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. M/A-Com Technology Solutions Holdings had 33 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, October 18, the company rating was maintained by Barclays Capital. The company was maintained on Friday, March 11 by Barclays Capital. The firm has “Hold” rating given on Thursday, August 20 by Zacks. The stock has “Neutral” rating by Bank of America on Monday, June 27. On Thursday, September 14 the stock rating was maintained by Raymond James with “Market Perform”. The rating was maintained by Needham on Monday, June 26 with “Buy”. The stock has “Overweight” rating by Barclays Capital on Wednesday, August 2. Jefferies maintained the stock with “Buy” rating in Monday, September 11 report. The stock of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) earned “Buy” rating by Craig Hallum on Monday, January 11. As per Wednesday, February 3, the company rating was reinitiated by Goldman Sachs.

Segment Wealth Management Llc, which manages about $425.00 million and $363.09M US Long portfolio, upped its stake in Cisco Sys Inc (NASDAQ:CSCO) by 10,244 shares to 93,080 shares, valued at $2.91M in 2017Q2, according to the filing. It also increased its holding in Public Storage (NYSE:PSA) by 2,847 shares in the quarter, for a total of 5,257 shares, and has risen its stake in Ishares Tr (IWD).

Analysts await MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) to report earnings on November, 21. They expect $0.31 EPS, down 29.55% or $0.13 from last year’s $0.44 per share. MTSI’s profit will be $19.93M for 29.73 P/E if the $0.31 EPS becomes a reality. After $0.50 actual EPS reported by MACOM Technology Solutions Holdings Inc for the previous quarter, Wall Street now forecasts -38.00% negative EPS growth.

Since May 1, 2017, it had 0 insider buys, and 20 insider sales for $28.93 million activity. On Tuesday, May 16 Dennehy Robert sold $957,249 worth of MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) or 17,055 shares. OCAMPO JOHN L had sold 299,500 shares worth $17.17 million. 30,000 MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares with value of $1.69 million were sold by MCMULLAN ROBERT. Murphy Michael T. sold 18,235 shares worth $1.04 million. Shares for $12,138 were sold by BLAND CHARLES R on Monday, May 1. 533 shares valued at $32,401 were sold by Virk Preetinder S. on Tuesday, May 30.

Investors sentiment decreased to 1.12 in Q2 2017. Its down 0.65, from 1.77 in 2017Q1. It dived, as 23 investors sold MTSI shares while 61 reduced holdings. 34 funds opened positions while 60 raised stakes. 50.28 million shares or 12.36% more from 44.74 million shares in 2017Q1 were reported. Tocqueville Asset Limited Partnership invested in 4,000 shares. Montag And Caldwell Limited Liability Com holds 10,830 shares or 0.02% of its portfolio. Ruggie Capital stated it has 5 shares or 0% of all its holdings. Lord Abbett Ltd reported 2.58M shares. Ftb Advsr holds 0% or 380 shares. Employees Retirement Sys Of Texas has invested 0.01% in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). 1832 Asset Limited Partnership owns 671,800 shares for 0.17% of their portfolio. Oppenheimer Asset Mgmt Inc reported 0% stake. Advsr Asset Inc has invested 0% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Envestnet Asset Management owns 1,392 shares or 0% of their US portfolio. Jefferies Group Ltd Liability Com has 0.04% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Redwood Limited Liability Company accumulated 163,908 shares. Tradewinds Capital Mgmt Lc holds 0% or 18 shares. Moreover, Bancorporation Of Ny Mellon Corporation has 0% invested in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI). Bancshares Of Montreal Can has invested 0% of its portfolio in MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI).

More recent MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) news were published by: Nasdaq.com which released: “MACOM Technology Solutions Holdings is Now Oversold” on October 16, 2017. Also Businesswire.com published the news titled: “MACOM to Announce Fourth Quarter and Fiscal Year 2017 Financial Results on …” on October 16, 2017. Seekingalpha.com‘s news article titled: “MACOM Technology Solutions Holdings (MTSI) Q3 2017 Results – Earnings Call …” with publication date: August 02, 2017 was also an interesting one.

More notable recent American Financial Group Inc (NYSE:AFG) news were published by: Businesswire.com which released: “American Financial Group, Inc. Announces Initial $105 Million Pretax Loss …” on October 03, 2017, also Businesswire.com with their article: “American Financial Group, Inc. Announces Its Conference Call and Webcast to …” published on October 10, 2017, Seekingalpha.com published: “Reader Request: American Financial Group Vs. First American Financial” on October 17, 2017. More interesting news about American Financial Group Inc (NYSE:AFG) were released by: Bizjournals.com and their article: “Here’s how much storms and earthquakes cost a huge Cincinnati insurer” published on October 05, 2017 as well as Reuters.com‘s news article titled: “BRIEF-American Financial announces initial $105 mln pretax loss estimate for …” with publication date: October 03, 2017.

New Vernon Investment Management Llc, which manages about $193.28 million and $79.36 million US Long portfolio, upped its stake in Banco Macro Sa (NYSE:BMA) by 18,200 shares to 35,700 shares, valued at $3.29M in 2017Q2, according to the filing.

Analysts await American Financial Group Inc (NYSE:AFG) to report earnings on November, 7. They expect $1.64 earnings per share, up 8.61% or $0.13 from last year’s $1.51 per share. AFG’s profit will be $144.43M for 16.05 P/E if the $1.64 EPS becomes a reality. After $1.61 actual earnings per share reported by American Financial Group Inc for the previous quarter, Wall Street now forecasts 1.86% EPS growth.

Since May 5, 2017, it had 0 insider purchases, and 11 insider sales for $22.76 million activity. LINDNER CARL H III sold $9.41M worth of stock or 95,405 shares. EVANS JAMES E sold $2.02 million worth of stock or 20,623 shares. 5,519 shares valued at $549,338 were sold by BERDING JOHN B on Friday, May 5. JACOBS TERRY S sold $105,058 worth of American Financial Group Inc (NYSE:AFG) on Thursday, June 1. VERITY WILLIAM W sold $175,988 worth of stock or 1,773 shares.

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