As Pebblebrook Hotel Tr (PEB) Market Value Rose, Wells Fargo & Company Has Boosted Holding by $1.26 Million; White Elm Capital Holds Stake in Veeva Sys (VEEV)

February 18, 2018 - By Ellis Scott

Wells Fargo & Company increased its stake in Pebblebrook Hotel Tr (PEB) by 10.18% based on its latest 2017Q3 regulatory filing with the SEC. Wells Fargo & Company bought 35,040 shares as the company’s stock rose 9.27% with the market. The institutional investor held 379,366 shares of the real estate investment trusts company at the end of 2017Q3, valued at $13.71 million, up from 344,326 at the end of the previous reported quarter. Wells Fargo & Company who had been investing in Pebblebrook Hotel Tr for a number of months, seems to be bullish on the $2.54B market cap company. The stock decreased 0.19% or $0.07 during the last trading session, reaching $36.72. About 594,419 shares traded. Pebblebrook Hotel Trust (NYSE:PEB) has risen 32.44% since February 18, 2017 and is uptrending. It has outperformed by 15.74% the S&P500.

Matthew Iorio increased its stake in Veeva Sys Inc (VEEV) by 11.72% based on its latest 2017Q3 regulatory filing with the SEC. White Elm Capital Llc bought 29,300 shares as the company’s stock rose 37.51% with the market. The hedge fund run by Matthew Iorio held 279,300 shares of the prepackaged software company at the end of 2017Q3, valued at $15.76 million, up from 250,000 at the end of the previous reported quarter. White Elm Capital Llc who had been investing in Veeva Sys Inc for a number of months, seems to be bullish on the $8.45 billion market cap company. The stock increased 1.39% or $0.82 during the last trading session, reaching $59.76. About 1.18M shares traded or 2.29% up from the average. Veeva Systems Inc. (NYSE:VEEV) has risen 114.93% since February 18, 2017 and is uptrending. It has outperformed by 98.23% the S&P500.

Wells Fargo & Company, which manages about $322.95B US Long portfolio, decreased its stake in Interdigital Inc (NASDAQ:IDCC) by 70,011 shares to 40,784 shares, valued at $3.01 million in 2017Q3, according to the filing. It also reduced its holding in Powershares Etf Trust (PTF) by 13,010 shares in the quarter, leaving it with 52,483 shares, and cut its stake in Wheaton Precious Metals Corp.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.10, from 1.03 in 2017Q2. It is positive, as 13 investors sold PEB shares while 64 reduced holdings. 33 funds opened positions while 54 raised stakes. 83.13 million shares or 0.99% less from 83.96 million shares in 2017Q2 were reported. Tiaa Cref Mgmt Ltd Liability has invested 0% in Pebblebrook Hotel Trust (NYSE:PEB). Wellington Management Group Ltd Liability Partnership has 0% invested in Pebblebrook Hotel Trust (NYSE:PEB) for 35,805 shares. First Personal Service owns 384 shares. Teachers Retirement Of The State Of Kentucky holds 35,661 shares. Public Employees Retirement Association Of Colorado has invested 0.11% of its portfolio in Pebblebrook Hotel Trust (NYSE:PEB). Amp Cap Invsts Ltd owns 0% invested in Pebblebrook Hotel Trust (NYSE:PEB) for 11,133 shares. Daiwa Securities Group Incorporated accumulated 0.93% or 3.77M shares. Martingale Asset Lp holds 54,529 shares. Nationwide Fund, a Pennsylvania-based fund reported 38,074 shares. New Mexico Educational Retirement Board holds 10,237 shares. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 43,332 shares. Savings Bank Of America Corp De reported 919,394 shares. Credit Suisse Ag invested 0.01% of its portfolio in Pebblebrook Hotel Trust (NYSE:PEB). The New Jersey-based Lord Abbett Company Ltd Liability Company has invested 0.16% in Pebblebrook Hotel Trust (NYSE:PEB). Rhumbline Advisers holds 102,785 shares or 0.01% of its portfolio.

Among 14 analysts covering Pebblebrook Hotel Trust (NYSE:PEB), 5 have Buy rating, 2 Sell and 7 Hold. Therefore 36% are positive. Pebblebrook Hotel Trust had 55 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, August 25, the company rating was initiated by BTIG Research. Barclays Capital maintained Pebblebrook Hotel Trust (NYSE:PEB) rating on Wednesday, November 23. Barclays Capital has “Overweight” rating and $30 target. The stock of Pebblebrook Hotel Trust (NYSE:PEB) has “Hold” rating given on Tuesday, October 10 by Stifel Nicolaus. As per Friday, October 23, the company rating was downgraded by Credit Suisse. On Wednesday, September 16 the stock rating was downgraded by Cowen & Co to “Market Perform”. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 22. The company was downgraded on Thursday, July 21 by Credit Suisse. The company was downgraded on Tuesday, July 26 by Wells Fargo. On Wednesday, October 25 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating by Stifel Nicolaus given on Monday, October 23.

Since August 14, 2017, it had 0 buys, and 27 insider sales for $20.50 million activity. Lequient Frederic sold $1.35M worth of stock or 22,887 shares. On Tuesday, October 10 Ritter Gordon sold $582,762 worth of Veeva Systems Inc. (NYSE:VEEV) or 10,200 shares. 24,000 shares valued at $1.34 million were sold by Wallach Matthew J on Wednesday, September 20. 4,375 Veeva Systems Inc. (NYSE:VEEV) shares with value of $246,906 were sold by Cabral Timothy S. Zuppas Eleni Nitsa also sold $766,492 worth of Veeva Systems Inc. (NYSE:VEEV) shares. $41,254 worth of stock was sold by MATEO ALAN on Saturday, January 13.

Among 15 analysts covering Veeva Systems (NYSE:VEEV), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Veeva Systems had 46 analyst reports since August 28, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Veeva Systems Inc. (NYSE:VEEV) on Friday, May 26 with “Buy” rating. The firm earned “Neutral” rating on Friday, May 27 by Citigroup. Citigroup maintained Veeva Systems Inc. (NYSE:VEEV) rating on Tuesday, August 23. Citigroup has “Neutral” rating and $40 target. The firm has “Buy” rating by Canaccord Genuity given on Monday, August 21. Needham maintained it with “Buy” rating and $70.0 target in Friday, August 25 report. On Wednesday, November 25 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, October 4. Canaccord Genuity maintained the shares of VEEV in report on Thursday, October 5 with “Buy” rating. Stifel Nicolaus maintained Veeva Systems Inc. (NYSE:VEEV) on Thursday, July 6 with “Buy” rating. On Wednesday, August 31 the stock rating was maintained by Stifel Nicolaus with “Buy”.

White Elm Capital Llc, which manages about $1.86 billion and $505.34 million US Long portfolio, decreased its stake in Guidewire Software Inc (NYSE:GWRE) by 51,700 shares to 191,890 shares, valued at $14.94M in 2017Q3, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 61,000 shares in the quarter, leaving it with 282,100 shares, and cut its stake in Mastercard Incorporated (NYSE:MA).

Investors sentiment decreased to 1.63 in 2017 Q3. Its down 0.13, from 1.76 in 2017Q2. It dropped, as 33 investors sold VEEV shares while 78 reduced holdings. 51 funds opened positions while 130 raised stakes. 95.88 million shares or 1.09% more from 94.85 million shares in 2017Q2 were reported. Millennium Management Ltd Limited Liability Company reported 0.07% stake. Pittenger And Anderson holds 30 shares. Secor Cap Advisors LP invested 0.76% in Veeva Systems Inc. (NYSE:VEEV). Winfield Assocs holds 0% in Veeva Systems Inc. (NYSE:VEEV) or 60 shares. Brown Advisory holds 4,373 shares. M Securities invested 0.07% in Veeva Systems Inc. (NYSE:VEEV). United Kingdom-based Legal General Grp Inc Public Ltd Co has invested 0.01% in Veeva Systems Inc. (NYSE:VEEV). Retail Bank Of Hawaii holds 0.04% or 7,690 shares in its portfolio. The Hawaii-based C M Bidwell Assoc has invested 0.29% in Veeva Systems Inc. (NYSE:VEEV). 48,521 are held by Pinebridge Invests Limited Partnership. Commonwealth Equity Ser accumulated 46,529 shares. Benjamin F Edwards And Incorporated holds 1,000 shares. Emerald Advisers Pa accumulated 104,982 shares. Toronto Dominion Bancorporation holds 0% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 4,536 shares. Etrade Management Llc owns 0.01% invested in Veeva Systems Inc. (NYSE:VEEV) for 7,016 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: