Van Eck Associates Has Cut Holding in Hercules Capital (HTGC) by $499,356 as Stock Value Declined; Acadia Healthcare Company In (ACHC) Share Value Rose While Atika Capital Management Trimmed Stake by $1.50 Million

February 21, 2018 - By Larry Anderson

Van Eck Associates Corp decreased its stake in Hercules Capital Inc (HTGC) by 6.2% based on its latest 2017Q3 regulatory filing with the SEC. Van Eck Associates Corp sold 41,613 shares as the company’s stock declined 12.59% while stock markets rallied. The institutional investor held 629,560 shares of the company at the end of 2017Q3, valued at $8.12 million, down from 671,173 at the end of the previous reported quarter. Van Eck Associates Corp who had been investing in Hercules Capital Inc for a number of months, seems to be less bullish one the $1.05B market cap company. The stock increased 0.48% or $0.06 during the last trading session, reaching $12.46. About 181,478 shares traded. Hercules Capital, Inc. (NYSE:HTGC) has risen 12.95% since February 21, 2017 and is uptrending. It has underperformed by 3.75% the S&P500.

Brad Farber decreased its stake in Acadia Healthcare Company In (ACHC) by 35.16% based on its latest 2017Q3 regulatory filing with the SEC. Atika Capital Management Llc sold 32,000 shares as the company’s stock rose 2.28% with the market. The hedge fund run by Brad Farber held 59,000 shares of the health care company at the end of 2017Q3, valued at $2.82 million, down from 91,000 at the end of the previous reported quarter. Atika Capital Management Llc who had been investing in Acadia Healthcare Company In for a number of months, seems to be less bullish one the $3.19 billion market cap company. The stock increased 0.61% or $0.22 during the last trading session, reaching $36.34. About 1.08 million shares traded. Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has declined 23.20% since February 21, 2017 and is downtrending. It has underperformed by 39.90% the S&P500.

Among 13 analysts covering Hercules Tech (NYSE:HTGC), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Hercules Tech had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Hercules Capital, Inc. (NYSE:HTGC) has “Hold” rating given on Wednesday, January 10 by Sandler O’Neill. The stock has “Outperform” rating by Wood on Friday, April 21. The stock has “Buy” rating by Jefferies on Friday, November 3. FBR Capital maintained Hercules Capital, Inc. (NYSE:HTGC) rating on Friday, February 24. FBR Capital has “Outperform” rating and $16 target. The company was reinitiated on Monday, August 7 by JMP Securities. As per Friday, August 5, the company rating was maintained by FBR Capital. Wedbush upgraded the stock to “Outperform” rating in Wednesday, February 7 report. The firm earned “Neutral” rating on Wednesday, July 6 by Compass Point. The company was maintained on Sunday, October 22 by Keefe Bruyette & Woods. As per Friday, February 24, the company rating was downgraded by Raymond James.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.60, from 1.57 in 2017Q2. It fall, as 25 investors sold HTGC shares while 42 reduced holdings. 21 funds opened positions while 44 raised stakes. 29.72 million shares or 7.71% less from 32.20 million shares in 2017Q2 were reported. Lpl Financial Ltd Llc invested 0% in Hercules Capital, Inc. (NYSE:HTGC). Cap Investment Advisors Limited Liability holds 0.01% or 10,057 shares in its portfolio. Sei Invs Company holds 27,501 shares or 0% of its portfolio. Stephens Incorporated Ar reported 26,083 shares. Lsv Asset Mgmt holds 0.01% or 468,185 shares. The California-based Covington Capital has invested 0% in Hercules Capital, Inc. (NYSE:HTGC). 1,003 are owned by Tower Research Cap Ltd Liability Corporation (Trc). Connecticut-based Cardinal Capital Mngmt Ltd Co Ct has invested 0.14% in Hercules Capital, Inc. (NYSE:HTGC). Raymond James Financial Services Advsrs Incorporated has invested 0% of its portfolio in Hercules Capital, Inc. (NYSE:HTGC). Stifel Corporation has invested 0.02% in Hercules Capital, Inc. (NYSE:HTGC). 13,647 were reported by First Allied Advisory Service Inc. Alliancebernstein Lp reported 703,485 shares or 0.01% of all its holdings. 784 are held by Financial Mgmt Professionals Inc. Nomura Hldgs Incorporated holds 0.01% or 386,452 shares. Balyasny Asset Mgmt Ltd Liability Co invested 0% in Hercules Capital, Inc. (NYSE:HTGC).

Analysts await Hercules Capital, Inc. (NYSE:HTGC) to report earnings on February, 22 after the close. They expect $0.29 earnings per share, down 32.56% or $0.14 from last year’s $0.43 per share. HTGC’s profit will be $24.41M for 10.74 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by Hercules Capital, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Van Eck Associates Corp, which manages about $30.53 billion and $19.58B US Long portfolio, upped its stake in Asml Holding Nv (NASDAQ:ASML) by 65,271 shares to 241,783 shares, valued at $41.39 million in 2017Q3, according to the filing. It also increased its holding in Timkensteel Corp (NYSE:TMST) by 31,675 shares in the quarter, for a total of 167,273 shares, and has risen its stake in American Express Co (NYSE:AXP).

Since August 22, 2017, it had 0 insider buys, and 1 insider sale for $3.18 million activity. On Tuesday, August 22 Fincher Ronald Morgan sold $4.06 million worth of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) or 80,000 shares. Howard Christopher L sold 53,713 shares worth $2.72M. TURNER BRENT sold $10.45M worth of stock. On Friday, December 15 the insider WAUD REEVE B sold $3.18M. JACOBS JOEY A had sold 500,000 shares worth $25.35M.

Atika Capital Management Llc, which manages about $348.10M US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 30,000 shares to 50,000 shares, valued at $8.54M in 2017Q3, according to the filing. It also increased its holding in American Airls Group Inc (NASDAQ:AAL) by 8,000 shares in the quarter, for a total of 90,000 shares, and has risen its stake in Intuitive Surgical Inc (NASDAQ:ISRG).

Among 17 analysts covering Acadia Healthcare (NASDAQ:ACHC), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Acadia Healthcare had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has “Buy” rating given on Wednesday, October 25 by Citigroup. On Tuesday, January 9 the stock rating was maintained by Cantor Fitzgerald with “Hold”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, February 1. The rating was maintained by RBC Capital Markets on Monday, July 31 with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, May 30. The rating was initiated by Citigroup on Wednesday, January 4 with “Buy”. On Friday, December 2 the stock rating was reinitiated by Jefferies with “Buy”. As per Monday, October 30, the company rating was downgraded by Mizuho. The firm has “Buy” rating by UBS given on Monday, July 31. The stock of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) earned “Neutral” rating by JP Morgan on Wednesday, September 16.

Investors sentiment decreased to 1.51 in 2017 Q3. Its down 0.26, from 1.77 in 2017Q2. It worsened, as 23 investors sold ACHC shares while 66 reduced holdings. 40 funds opened positions while 94 raised stakes. 107.79 million shares or 1.20% less from 109.10 million shares in 2017Q2 were reported. First Personal Finance Serv holds 482 shares. 4,482 are owned by Sg Americas Lc. Bokf Na stated it has 34,492 shares or 0.05% of all its holdings. Weaver C Barksdale And Associates accumulated 309 shares. Schroder Inv Grp Inc has invested 0.08% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Vanguard Gru invested in 0.01% or 6.68M shares. Jupiter Asset Management stated it has 0.19% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Northern, Illinois-based fund reported 837,739 shares. Agf owns 100,000 shares for 0.05% of their portfolio. Fmr owns 0.01% invested in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) for 2.55M shares. Schwab Charles Inv owns 0.02% invested in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) for 379,285 shares. Assetmark holds 0% of its portfolio in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) for 80 shares. Point72 Asset Ltd Partnership accumulated 191,761 shares. New Jersey Better Educational Savings Trust stated it has 11,000 shares or 0.44% of all its holdings. Natl Bank Of America Corp De accumulated 1.50 million shares.

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