August 12, 2018 – By Glen Chin
Investor Ab decreased its stake in Chinacache Intl Hldg Ltd (CCIH) by 55.41% based on its latest 2018Q1 regulatory filing with the SEC. Investor Ab sold 1.47M shares as the company’s stock declined 10.65% with the market. The institutional investor held 1.18M shares of the edp services company at the end of 2018Q1, valued at $1.26M, down from 2.65M at the end of the previous reported quarter. Investor Ab who had been investing in Chinacache Intl Hldg Ltd for a number of months, seems to be less bullish one the $32.24 million market cap company. The stock increased 5.22% or $0.06 during the last trading session, reaching $1.21. About 79,351 shares traded. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has risen 31.75% since August 12, 2017 and is uptrending. It has outperformed by 19.18% the S&P500. Some Historical CCIH News: 27/04/2018 – CHINACACHE – DECISION TO TERMINATE DEAL MADE DUE TO PERCEIVED VALUE OF ASSETS IN LIGHT OF INCREASING MARKET DEMAND FOR DATA CENTER SERVICES; 27/04/2018 – CHINACACHE INTERNATIONAL HOLDINGS LTD – TERMINATION OF AGREEMENT WAS APPROVED BY COMPANY’S AUDIT COMMITTEE; 10/05/2018 – ChinaCache Adopts Shareholder Rights Plan; 26/04/2018 – ChinaCache International Names Guangsheng Meng as Chief Fincl Officer; 27/04/2018 – ChinaCache Terminated Agreement to Sell Data Center Assets; 27/04/2018 – ChinaCache International: None of the Parties to the Agreement Incurred a Breakup Fee Due to the Termination; 26/04/2018 – CHINACACHE NAMES GUANGSHENG MENG AS CFO; 01/05/2018 – ChinaCache Files 2017 Annual Report on Form 20-F; 10/05/2018 – ChinaCache International: Rights Plan Has 15% Trigger; 26/04/2018 – CHINACACHE INTERNATIONAL HOLDINGS LTD – APPOINTMENT OF GUANGSHENG MENG AS CHIEF FINANCIAL OFFICER, EFFECTIVE APRIL 20, 2018
Balyasny Asset Management Llc increased its stake in Ametek Inc New (AME) by 1179.02% based on its latest 2018Q1 regulatory filing with the SEC. Balyasny Asset Management Llc bought 127,876 shares as the company’s stock declined 4.22% with the market. The hedge fund held 138,722 shares of the consumer durables company at the end of 2018Q1, valued at $10.54 million, up from 10,846 at the end of the previous reported quarter. Balyasny Asset Management Llc who had been investing in Ametek Inc New for a number of months, seems to be bullish on the $17.60 billion market cap company. The stock decreased 1.02% or $0.78 during the last trading session, reaching $75.88. About 1.45M shares traded or 30.45% up from the average. AMETEK, Inc. (NYSE:AME) has risen 22.92% since August 12, 2017 and is uptrending. It has outperformed by 10.35% the S&P500. Some Historical AME News: 22/04/2018 – DJ AMETEK Inc, Inst Holders, 1Q 2018 (AME); 07/05/2018 – Ametek at Wells Fargo Industrials Conference Tomorrow; 02/05/2018 – Ametek Sees 2Q EPS 76c-EPS 78c; 29/05/2018 – P&M CORPORATE FINANCE REPORTS SALE OF SOUNDCOM TO AMETEK; 13/03/2018 AMETEK INC AME.N : COWEN AND COMPANY RAISES TARGET PRICE TO $83 FROM $80; RATING OUTPERFORM; 09/05/2018 – Matthew J. Conti Elected Vice President, Human Re; 02/05/2018 – Ametek 1Q EPS 78c; 29/05/2018 – P&M Corporate Finance Announces the Sale of SoundCom Corp to AMETEK, Inc; 02/04/2018 – Fidelity Mid Cap Value Adds Ametek, Exits Devon; 02/05/2018 – Ametek 1Q Net $181.3M
Investors sentiment decreased to 0.94 in 2018 Q1. Its down 0.35, from 1.29 in 2017Q4. It turned negative, as 32 investors sold AME shares while 180 reduced holdings. 59 funds opened positions while 141 raised stakes. 188.90 million shares or 1.72% less from 192.20 million shares in 2017Q4 were reported. 164,295 are held by Ascend Cap Limited Liability Com. Leavell Management reported 0.06% of its portfolio in AMETEK, Inc. (NYSE:AME). Gemmer Asset Management Lc reported 358 shares stake. Johnson Fincl Incorporated invested 0.04% of its portfolio in AMETEK, Inc. (NYSE:AME). Teachers Retirement System Of The State Of Kentucky owns 136,637 shares. Bnp Paribas Arbitrage Sa has 74,971 shares for 0% of their portfolio. Mountain Pacific Advisers Id reported 533,274 shares or 4.17% of all its holdings. Rampart Investment Management Lc invested in 2,343 shares. Meritage owns 96,571 shares. 1,190 are held by Acadian Asset Management Limited Liability Co. Jones Companies Lllp reported 0% in AMETEK, Inc. (NYSE:AME). 61 are held by Convergence Partners Ltd Co. Moreover, Strategy Asset Managers Ltd Liability Com has 0.62% invested in AMETEK, Inc. (NYSE:AME) for 37,620 shares. Buffington Mohr Mcneal holds 42,634 shares or 1.24% of its portfolio. Dekabank Deutsche Girozentrale has 29,925 shares.
Since February 15, 2018, it had 0 buys, and 14 selling transactions for $6.17 million activity. The insider Kohlhagen Steven W sold $391,550. 14,976 shares valued at $1.13M were sold by Oscher Ronald J on Thursday, February 15. Shares for $316,476 were sold by Conti Anthony James. Hardin John Wesley sold 25,965 shares worth $2.04 million. $309,672 worth of AMETEK, Inc. (NYSE:AME) shares were sold by WILLIAMS DENNIS K.
Among 14 analysts covering AMETEK (NYSE:AME), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. AMETEK had 68 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley maintained AMETEK, Inc. (NYSE:AME) rating on Thursday, May 3. Morgan Stanley has “Equal-Weight” rating and $79 target. Jefferies maintained the shares of AME in report on Wednesday, September 20 with “Buy” rating. The rating was maintained by Robert W. Baird on Thursday, February 1 with “Buy”. RBC Capital Markets maintained the shares of AME in report on Monday, June 5 with “Buy” rating. As per Tuesday, March 13, the company rating was maintained by Cowen & Co. The firm has “Outperform” rating given on Wednesday, August 1 by BMO Capital Markets. The company was maintained on Friday, January 19 by Stifel Nicolaus. BMO Capital Markets maintained the stock with “Buy” rating in Monday, October 16 report. Bank of America maintained AMETEK, Inc. (NYSE:AME) on Wednesday, August 1 with “Buy” rating. Stifel Nicolaus maintained AMETEK, Inc. (NYSE:AME) rating on Sunday, December 10. Stifel Nicolaus has “Buy” rating and $78.0 target.
More news for AMETEK, Inc. (NYSE:AME) were recently published by: Seekingalpha.com, which released: “AMETEK (AME) Q2 2018 Results – Earnings Call Transcript” on July 31, 2018. Seekingalpha.com‘s article titled: “Get ready for the Farnborough Airshow” and published on July 15, 2018 is yet another important article.
Balyasny Asset Management Llc, which manages about $14.49 billion and $23.94 billion US Long portfolio, decreased its stake in Impax Laboratories Inc (NASDAQ:IPXL) by 393,168 shares to 277,414 shares, valued at $5.40M in 2018Q1, according to the filing. It also reduced its holding in Regeneron Pharmaceuticals (Call) (NASDAQ:REGN) by 38,500 shares in the quarter, leaving it with 109,000 shares, and cut its stake in V F Corp (Put) (NYSE:VFC).
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