Adage Capital Partners Gp Has Trimmed Dow Chem Co (DOW) Stake; Shorts at Meritage Homes (MTH) Lowered By 8.17%

November 15, 2017 - By Maria Brooks

Meritage Homes Corporation (NYSE:MTH) had a decrease of 8.17% in short interest. MTH’s SI was 2.58 million shares in November as released by FINRA. Its down 8.17% from 2.81M shares previously. With 331,800 avg volume, 8 days are for Meritage Homes Corporation (NYSE:MTH)’s short sellers to cover MTH’s short positions. The SI to Meritage Homes Corporation’s float is 6.81%. About shares traded. Meritage Homes Corp (NYSE:MTH) has risen 18.92% since November 15, 2016 and is uptrending. It has outperformed by 2.22% the S&P500.

Adage Capital Partners Gp Llc decreased Dow Chem Co (DOW) stake by 4.21% reported in 2017Q2 SEC filing. Adage Capital Partners Gp Llc sold 70,600 shares as Dow Chem Co (DOW)’s stock rose 0.05%. The Adage Capital Partners Gp Llc holds 1.61 million shares with $101.27M value, down from 1.68 million last quarter. Dow Chem Co now has $83.74B valuation. It is 0.00% or $0 reaching $66.65 per share. It is down 20.72% since November 15, 2016 and is uptrending. It has outperformed by 4.02% the S&P500.

Investors sentiment decreased to 1.18 in Q2 2017. Its down 0.50, from 1.68 in 2017Q1. It is negative, as 20 investors sold Meritage Homes Corp shares while 42 reduced holdings. 29 funds opened positions while 44 raised stakes. 39.12 million shares or 0.65% more from 38.87 million shares in 2017Q1 were reported. Principal Fincl invested in 292,999 shares. State Street Corporation accumulated 0% or 971,730 shares. Northern Corporation reported 856,002 shares. 23,005 are owned by Ubs Asset Mngmt Americas. Wealthtrust, Alabama-based fund reported 100 shares. Alpha Windward Limited Liability Corporation owns 11,040 shares. Nj State Employees Deferred Compensation Plan has 15,000 shares for 0.12% of their portfolio. Gabelli Funds Ltd Limited Liability Company accumulated 150,000 shares or 0.04% of the stock. State Board Of Administration Of Florida Retirement Systems accumulated 18,062 shares or 0% of the stock. Thrivent For Lutherans invested in 22,840 shares or 0% of the stock. Arizona State Retirement System owns 0.01% invested in Meritage Homes Corp (NYSE:MTH) for 19,728 shares. Cim Investment Mangement Incorporated invested in 0.11% or 7,079 shares. Cibc Asset Management stated it has 0% of its portfolio in Meritage Homes Corp (NYSE:MTH). Metropolitan Life Ny has invested 0.01% in Meritage Homes Corp (NYSE:MTH). Nationwide Fund Advsrs accumulated 29,474 shares.

Meritage Homes Corporation operates as a holding company. The company has market cap of $1.98 billion. The Firm is a designer and builder of single-family homes. It has a 13.05 P/E ratio. The Firm operates through two divisions: homebuilding and financial services.

Among 17 analysts covering Meritage (NYSE:MTH), 1 have Buy rating, 2 Sell and 14 Hold. Therefore 6% are positive. Meritage had 45 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Monday, July 11 by Credit Suisse. The company was upgraded on Friday, August 14 by Zacks. The firm earned “Market Perform” rating on Thursday, September 29 by Wells Fargo. The stock has “Neutral” rating by Credit Suisse on Tuesday, December 15. The stock has “Outperform” rating by FBN Securities on Tuesday, January 5. The firm has “Neutral” rating given on Tuesday, August 2 by JP Morgan. The rating was maintained by FBR Capital on Friday, July 29 with “Mkt Perform”. The rating was maintained by Wood with “Hold” on Friday, April 28. The rating was maintained by Barclays Capital on Thursday, July 30 with “Equal Weight”. The rating was upgraded by JP Morgan to “Neutral” on Friday, September 11.

Adage Capital Partners Gp Llc increased Alaska Air Group Inc (NYSE:ALK) stake by 4,300 shares to 178,700 valued at $16.04M in 2017Q2. It also upped Honeywell Intl Inc (NYSE:HON) stake by 1.10 million shares and now owns 2.28M shares. C H Robinson Worldwide Inc (NASDAQ:CHRW) was raised too.

Among 16 analysts covering The Dow Chemical Company (NYSE:DOW), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. The Dow Chemical Company had 48 analyst reports since August 20, 2015 according to SRatingsIntel. Barclays Capital initiated Dow Chemical Co (NYSE:DOW) on Wednesday, November 4 with “Equal-Weight” rating. The firm has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets. The stock of Dow Chemical Co (NYSE:DOW) has “Equal-Weight” rating given on Friday, July 29 by Barclays Capital. The firm earned “Underperform” rating on Wednesday, July 6 by CLSA. The firm has “Buy” rating given on Monday, May 1 by RBC Capital Markets. Cowen & Co maintained it with “Hold” rating and $60.0 target in Monday, August 28 report. The rating was maintained by Deutsche Bank with “Buy” on Thursday, December 10. The stock of Dow Chemical Co (NYSE:DOW) earned “Positive” rating by Susquehanna on Monday, February 8. The firm has “Buy” rating by Jefferies given on Monday, June 19. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, May 2 report.

Investors sentiment increased to 1.09 in 2017 Q2. Its up 0.03, from 1.06 in 2017Q1. It is positive, as 44 investors sold DOW shares while 407 reduced holdings. 101 funds opened positions while 392 raised stakes. 809.06 million shares or 1.28% less from 819.57 million shares in 2017Q1 were reported. Valley Advisers stated it has 0.01% in Dow Chemical Co (NYSE:DOW). Wg Shaheen Dba Whitney Communication has 0.17% invested in Dow Chemical Co (NYSE:DOW) for 8,145 shares. Fiera holds 0% of its portfolio in Dow Chemical Co (NYSE:DOW) for 6,000 shares. 11,750 were reported by First Mercantile Tru. Hamlin Mngmt Ltd Liability Com stated it has 600,263 shares. Edgar Lomax Va accumulated 1.16M shares. Jones Collombin Invest Counsel stated it has 113,358 shares or 2.46% of all its holdings. Parametric Ltd Liability Com accumulated 2.91 million shares. Country Club Na stated it has 0.03% of its portfolio in Dow Chemical Co (NYSE:DOW). Argent Tru reported 32,622 shares. Monetary Mgmt Gru reported 68,645 shares. Aspen Investment Management Inc owns 4,174 shares. The Connecticut-based Paw has invested 0.76% in Dow Chemical Co (NYSE:DOW). James Inv Research invested in 228,062 shares or 0.45% of the stock. Tctc Ltd Liability reported 6,195 shares.

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By1 Maria Brooks




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