Coach (COH) Stock Price Rose While Moore Capital Management LP Has Trimmed by $1.18 Million Its Holding; As Centerpoint Energy (CNP) Stock Rose, Palisade Asset Management Has Upped Holding by $729,000

December 8, 2017 - By Nellie Frank

Palisade Asset Management Llc increased its stake in Centerpoint Energy Inc (CNP) by 41.1% based on its latest 2017Q2 regulatory filing with the SEC. Palisade Asset Management Llc bought 27,000 shares as the company’s stock rose 3.66% with the market. The institutional investor held 92,693 shares of the public utilities company at the end of 2017Q2, valued at $2.54 million, up from 65,693 at the end of the previous reported quarter. Palisade Asset Management Llc who had been investing in Centerpoint Energy Inc for a number of months, seems to be bullish on the $12.44 billion market cap company. The stock decreased 0.52% or $0.15 during the last trading session, reaching $28.86. About 3.00 million shares traded or 9.37% up from the average. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since December 8, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Louis Bacon decreased its stake in Coach Inc (COH) by 4.76% based on its latest 2017Q2 regulatory filing with the SEC. Moore Capital Management Lp sold 25,000 shares as the company’s stock rose 18.61% with the market. The hedge fund run by Louis Bacon held 500,000 shares of the consumer non-durables company at the end of 2017Q2, valued at $23.67M, down from 525,000 at the end of the previous reported quarter. Moore Capital Management Lp who had been investing in Coach Inc for a number of months, seems to be less bullish one the $11.34 billion market cap company. The stock decreased 0.94% or $0.38 during the last trading session, reaching $39.9. About 2.97 million shares traded. Tapestry, Inc. (NYSE:COH) has risen 18.95% since December 8, 2016 and is uptrending. It has outperformed by 2.25% the S&P500.

Among 14 analysts covering CenterPoint (NYSE:CNP), 1 have Buy rating, 0 Sell and 13 Hold. Therefore 7% are positive. CenterPoint had 29 analyst reports since August 11, 2015 according to SRatingsIntel. Argus Research maintained CenterPoint Energy, Inc. (NYSE:CNP) rating on Tuesday, January 12. Argus Research has “Buy” rating and $22.0 target. As per Monday, October 30, the company rating was maintained by SunTrust. RBC Capital Markets maintained CenterPoint Energy, Inc. (NYSE:CNP) rating on Sunday, September 10. RBC Capital Markets has “Hold” rating and $29.0 target. The rating was maintained by Argus Research on Thursday, March 24 with “Buy”. The firm has “Neutral” rating given on Friday, November 6 by Macquarie Research. Bank of America initiated it with “Hold” rating and $30.0 target in Tuesday, October 24 report. As per Monday, August 14, the company rating was upgraded by Credit Suisse. The firm has “Neutral” rating by SunTrust given on Monday, January 11. Guggenheim downgraded the stock to “Neutral” rating in Monday, December 4 report. J.P. Morgan downgraded the shares of CNP in report on Thursday, June 29 to “Hold” rating.

More recent CenterPoint Energy, Inc. (NYSE:CNP) news were published by: Nasdaq.com which released: “CenterPoint Energy, Inc. (CNP) Ex-Dividend Date Scheduled for November 15, 2017” on November 14, 2017. Also Nasdaq.com published the news titled: “Here’s Why You Should Get Rid of CenterPoint Energy (CNP) Now” on November 30, 2017. Forbes.com‘s news article titled: “Ex-Dividend Reminder: Starbucks, Expedia and CenterPoint Energy” with publication date: November 13, 2017 was also an interesting one.

Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.11, from 1.19 in 2017Q1. It fall, as 37 investors sold CNP shares while 160 reduced holdings. 58 funds opened positions while 155 raised stakes. 324.57 million shares or 1.35% less from 329.00 million shares in 2017Q1 were reported. Acadian Asset Mngmt Ltd Liability Com invested in 340,285 shares. Whittier Com holds 0% in CenterPoint Energy, Inc. (NYSE:CNP) or 300 shares. Edge Wealth Ltd Liability owns 670 shares. First Personal Finance Svcs has invested 0% in CenterPoint Energy, Inc. (NYSE:CNP). Cipher Cap LP has invested 0.13% in CenterPoint Energy, Inc. (NYSE:CNP). State Of Alaska Department Of Revenue has 0.06% invested in CenterPoint Energy, Inc. (NYSE:CNP) for 32,543 shares. California-based Mirador Partners Limited Partnership has invested 0.13% in CenterPoint Energy, Inc. (NYSE:CNP). Commonwealth Equity Svcs reported 0.01% in CenterPoint Energy, Inc. (NYSE:CNP). Fiduciary Trust Com invested 0.01% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Caisse De Depot Et Placement Du Quebec, Quebec – Canada-based fund reported 339,139 shares. Canada Pension Plan Invest Board invested in 1.73M shares. Eagle Asset Mgmt reported 0.03% stake. Geode Cap Limited, a Massachusetts-based fund reported 4.73M shares. Comerica Financial Bank has 0.04% invested in CenterPoint Energy, Inc. (NYSE:CNP). Bnp Paribas Asset reported 95,630 shares stake.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.05, from 0.93 in 2017Q1. It fall, as 45 investors sold COH shares while 199 reduced holdings. 81 funds opened positions while 133 raised stakes. 240.04 million shares or 1.88% less from 244.63 million shares in 2017Q1 were reported. Aviva Public Limited Liability Company accumulated 176,284 shares. Horizon Invests Ltd Company reported 14,466 shares stake. Arizona State Retirement Systems holds 0.06% of its portfolio in Tapestry, Inc. (NYSE:COH) for 91,601 shares. Blackhill Capital holds 0.58% or 64,000 shares in its portfolio. Fjarde Ap invested in 68,151 shares. Panagora Asset Inc invested 0.03% in Tapestry, Inc. (NYSE:COH). Comerica Secs stated it has 0.4% in Tapestry, Inc. (NYSE:COH). Deroy & Devereaux Private Counsel Inc has invested 0.02% of its portfolio in Tapestry, Inc. (NYSE:COH). Eaton Vance Mgmt holds 0% in Tapestry, Inc. (NYSE:COH) or 16,370 shares. Moreover, Clearbridge Investments Ltd Liability has 0% invested in Tapestry, Inc. (NYSE:COH) for 600 shares. Silvercrest Asset Management Gru Ltd Com has 0.01% invested in Tapestry, Inc. (NYSE:COH) for 10,400 shares. 715,088 are owned by Los Angeles Mgmt & Equity Research Incorporated. American Rech & accumulated 2,920 shares. Greenwood Assoc Lc invested in 0.06% or 4,628 shares. Capital One National Association has invested 0.06% in Tapestry, Inc. (NYSE:COH).

Among 39 analysts covering Coach Inc. (NYSE:COH), 23 have Buy rating, 1 Sell and 15 Hold. Therefore 59% are positive. Coach Inc. has $59 highest and $27 lowest target. $44.13’s average target is 10.60% above currents $39.9 stock price. Coach Inc. had 95 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 3 by RBC Capital Markets. PiperJaffray downgraded the shares of COH in report on Thursday, October 5 to “Neutral” rating. The stock of Tapestry, Inc. (NYSE:COH) earned “Buy” rating by Robert W. Baird on Friday, September 29. As per Monday, January 4, the company rating was upgraded by BB&T Capital. The stock of Tapestry, Inc. (NYSE:COH) earned “Buy” rating by Cowen & Co on Thursday, September 28. The firm earned “Buy” rating on Friday, April 7 by Oppenheimer. The stock has “Buy” rating by CLSA on Thursday, September 29. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, August 8. The rating was reinitiated by Stifel Nicolaus with “Hold” on Tuesday, May 17. The stock of Tapestry, Inc. (NYSE:COH) has “Buy” rating given on Wednesday, August 16 by Nomura.

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