As Intel (INTC) Share Value Declined, Vantage Investment Partners Has Increased Position; As Prospect Capital (PSEC) Shares Declined, Mckinley Capital Management Lowered Holding by $1.75 Million

December 8, 2017 - By Richard Conner

Vantage Investment Partners Llc increased its stake in Intel Corp (INTC) by 55.11% based on its latest 2017Q2 regulatory filing with the SEC. Vantage Investment Partners Llc bought 107,667 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 303,038 shares of the semiconductors company at the end of 2017Q2, valued at $10.23M, up from 195,371 at the end of the previous reported quarter. Vantage Investment Partners Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $201.61 billion market cap company. The stock decreased 0.85% or $0.37 during the last trading session, reaching $43.08. About 32.71 million shares traded or 22.06% up from the average. Intel Corporation (NASDAQ:INTC) has risen 19.47% since December 8, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.

Robert B. Gillam decreased its stake in Prospect Capital Corp (PSEC) by 31.07% based on its latest 2017Q2 regulatory filing with the SEC. Mckinley Capital Management Inc sold 218,845 shares as the company’s stock declined 13.14% while stock markets rallied. The hedge fund run by Robert B. Gillam held 485,452 shares of the company at the end of 2017Q2, valued at $3.94M, down from 704,297 at the end of the previous reported quarter. Mckinley Capital Management Inc who had been investing in Prospect Capital Corp for a number of months, seems to be less bullish one the $2.41B market cap company. The stock decreased 0.15% or $0.01 during the last trading session, reaching $6.68. About 2.13 million shares traded. Prospect Capital Corporation (NASDAQ:PSEC) has risen 10.36% since December 8, 2016 and is uptrending. It has underperformed by 6.34% the S&P500.

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.02, from 1.01 in 2017Q1. It is positive, as 78 investors sold INTC shares while 649 reduced holdings. 97 funds opened positions while 651 raised stakes. 3.05 billion shares or 0.13% less from 3.05 billion shares in 2017Q1 were reported. Linscomb Williams owns 0.37% invested in Intel Corporation (NASDAQ:INTC) for 122,750 shares. Brighton Jones Limited holds 0.64% or 134,599 shares in its portfolio. Oaktop Ii LP has 0.2% invested in Intel Corporation (NASDAQ:INTC). Banced has invested 2.28% of its portfolio in Intel Corporation (NASDAQ:INTC). Koshinski Asset, Illinois-based fund reported 27,797 shares. Mount Vernon Associates Md stated it has 2.7% of its portfolio in Intel Corporation (NASDAQ:INTC). Wellington Shields Limited Liability Company holds 20,100 shares or 0.23% of its portfolio. Neville Rodie & Shaw holds 1.15% or 299,555 shares. Tci Wealth Advisors Inc reported 19,593 shares. First United Retail Bank Tru has invested 0.84% in Intel Corporation (NASDAQ:INTC). Philadelphia holds 0.92% in Intel Corporation (NASDAQ:INTC) or 322,328 shares. Security Bancorp Of Sioux City Iowa Ia reported 0.75% of its portfolio in Intel Corporation (NASDAQ:INTC). Independent reported 0.46% of its portfolio in Intel Corporation (NASDAQ:INTC). Trust Of Vermont owns 243,187 shares. Gw Henssler Associate Ltd invested 1.39% of its portfolio in Intel Corporation (NASDAQ:INTC).

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 33 have Buy rating, 5 Sell and 16 Hold. Therefore 61% are positive. Intel Corporation has $60.0 highest and $25 lowest target. $41.62’s average target is -3.39% below currents $43.08 stock price. Intel Corporation had 199 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, October 18 by Barclays Capital. On Monday, March 7 the stock rating was maintained by Bank of America with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Sunday, August 30 report. The stock of Intel Corporation (NASDAQ:INTC) earned “Sector Perform” rating by RBC Capital Markets on Friday, November 20. On Friday, January 15 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. On Thursday, September 1 the stock rating was initiated by Roth Capital with “Buy”. Stifel Nicolaus maintained Intel Corporation (NASDAQ:INTC) on Friday, January 15 with “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Monday, August 24 by M Partners. Mizuho upgraded Intel Corporation (NASDAQ:INTC) on Tuesday, January 12 to “Buy” rating. Canaccord Genuity maintained it with “Hold” rating and $45 target in Friday, November 17 report.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Investorplace.com which released: “Intel Corporation Stock May Get Bumpy, but Hold on” on December 07, 2017, also Investorplace.com with their article: “How Cheap Does Intel Corporation Stock Need to Get Before It’s Attractive?” published on December 04, 2017, Fool.com published: “Will 2018 Be Intel Corporation’s Best Year Yet?” on November 30, 2017. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Investorplace.com and their article: “Smooth Sailing for Intel Corporation Stockholders Despite Volatility in Tech” published on December 05, 2017 as well as Seekingalpha.com‘s news article titled: “Intel Corporation (INTC) presents at UBS Global Technology Conference (Transcript)” with publication date: November 14, 2017.

Vantage Investment Partners Llc, which manages about $1.53 billion and $1.10 billion US Long portfolio, decreased its stake in M & T Bank Corporation (NYSE:MTB) by 70,226 shares to 4,815 shares, valued at $780,000 in 2017Q2, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 6,341 shares in the quarter, leaving it with 106,056 shares, and cut its stake in Boeing Co (NYSE:BA).

Investors sentiment decreased to 1.15 in Q2 2017. Its down 0.14, from 1.29 in 2017Q1. It turned negative, as 25 investors sold PSEC shares while 48 reduced holdings. 24 funds opened positions while 60 raised stakes. 51.61 million shares or 4.98% less from 54.32 million shares in 2017Q1 were reported. Glenmede Trust Com Na holds 976 shares or 0% of its portfolio. 485,452 are held by Mckinley Ltd Llc Delaware. Salem Investment Counselors holds 13,300 shares. 29,185 are owned by Sequoia Advsrs Lc. Live Your Vision Limited Com accumulated 1,310 shares. Moreover, Wfg LP has 0.68% invested in Prospect Capital Corporation (NASDAQ:PSEC) for 371,436 shares. Fifth Third Bancorp holds 3,000 shares or 0% of its portfolio. Blair William And Co Il has 14,000 shares. Barnett And invested in 1.72% or 444,716 shares. Moreover, Davenport Co Ltd Liability Co has 0% invested in Prospect Capital Corporation (NASDAQ:PSEC). One Trading Limited Partnership owns 435,183 shares. Telos Capital Mngmt Incorporated holds 10,500 shares or 0.03% of its portfolio. Green Square Limited Liability Co reported 43,685 shares. Brown Advisory Inc has invested 0% of its portfolio in Prospect Capital Corporation (NASDAQ:PSEC). Registered Invest Advisor Incorporated has 54,700 shares.

Analysts await Prospect Capital Corporation (NASDAQ:PSEC) to report earnings on February, 14. They expect $0.18 EPS, down 25.00% or $0.06 from last year’s $0.24 per share. PSEC’s profit will be $64.86 million for 9.28 P/E if the $0.18 EPS becomes a reality. After $0.18 actual EPS reported by Prospect Capital Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 9 analysts covering Prospect Capital Corporation (NASDAQ:PSEC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Prospect Capital Corporation has $10.50 highest and $6 lowest target. $8.50’s average target is 27.25% above currents $6.68 stock price. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Thursday, April 28. BMO Capital Markets maintained Prospect Capital Corporation (NASDAQ:PSEC) on Friday, October 6 with “Hold” rating. National Securities initiated Prospect Capital Corporation (NASDAQ:PSEC) on Friday, January 29 with “Neutral” rating. The stock has “Underperform” rating by Wells Fargo on Monday, January 11. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, November 10. The stock of Prospect Capital Corporation (NASDAQ:PSEC) earned “Market Perform” rating by FBR Capital on Thursday, May 11. The firm earned “Underperform” rating on Thursday, February 11 by Raymond James. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, May 31. The stock of Prospect Capital Corporation (NASDAQ:PSEC) earned “Sell” rating by National Securities on Wednesday, July 20. Raymond James upgraded Prospect Capital Corporation (NASDAQ:PSEC) on Wednesday, August 30 to “Market Perform” rating.

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: