As Tech Data (TECD) Shares Declined, Shayne & Co Has Increased Its Position; Oracle (ORCL) Shareholder Gluskin Sheff & Assoc Lifted Holding

April 23, 2018 - By Peter Erickson

Oracle Corporation (NYSE:ORCL) Logo

Gluskin Sheff & Assoc Inc increased its stake in Oracle Corp (ORCL) by 10.18% based on its latest 2017Q4 regulatory filing with the SEC. Gluskin Sheff & Assoc Inc bought 89,875 shares as the company’s stock declined 4.18% with the market. The institutional investor held 972,351 shares of the prepackaged software company at the end of 2017Q4, valued at $45.97M, up from 882,476 at the end of the previous reported quarter. Gluskin Sheff & Assoc Inc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $187.85B market cap company. The stock decreased 0.47% or $0.215 during the last trading session, reaching $46.015. About 2.24M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 23, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Shayne & Co increased its stake in Tech Data Corp (TECD) by 4.64% based on its latest 2017Q4 regulatory filing with the SEC. Shayne & Co bought 4,973 shares as the company’s stock declined 16.37% with the market. The institutional investor held 112,097 shares of the computer software & peripheral equipment company at the end of 2017Q4, valued at $10.98 million, up from 107,124 at the end of the previous reported quarter. Shayne & Co who had been investing in Tech Data Corp for a number of months, seems to be bullish on the $3.10B market cap company. The stock increased 0.69% or $0.56 during the last trading session, reaching $81.31. About 39,719 shares traded. Tech Data Corporation (NASDAQ:TECD) has declined 9.32% since April 23, 2017 and is downtrending. It has underperformed by 20.87% the S&P500.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.22, from 1.17 in 2017Q3. It is positive, as 25 investors sold TECD shares while 78 reduced holdings. 45 funds opened positions while 98 raised stakes. 35.11 million shares or 3.31% less from 36.31 million shares in 2017Q3 were reported. Renaissance Technologies Lc reported 4,600 shares stake. Delta Asset Mgmt Limited Tn holds 235 shares. Massachusetts Financial Ma reported 0.01% in Tech Data Corporation (NASDAQ:TECD). Oregon Employees Retirement Fund reported 12,790 shares. State Board Of Administration Of Florida Retirement Systems holds 0% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 18,029 shares. Shelton owns 2,618 shares for 0.02% of their portfolio. Us State Bank De invested in 0% or 487 shares. Kennedy Capital Mngmt has invested 0.24% of its portfolio in Tech Data Corporation (NASDAQ:TECD). Morgan Stanley stated it has 0% in Tech Data Corporation (NASDAQ:TECD). Hotchkis & Wiley Mngmt Ltd Liability invested in 8,767 shares or 0% of the stock. Balasa Dinverno And Foltz Ltd Liability Co accumulated 0.06% or 4,373 shares. Thrivent For Lutherans invested in 7,519 shares. Bancshares Of America De has 332,745 shares. Aperio Gp owns 47,653 shares or 0.02% of their US portfolio. Mason Street Advsrs Ltd Liability Corporation holds 0.04% of its portfolio in Tech Data Corporation (NASDAQ:TECD) for 17,103 shares.

Among 9 analysts covering Tech Data Corp (NASDAQ:TECD), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Tech Data Corp had 23 analyst reports since August 18, 2015 according to SRatingsIntel. Loop Capital Markets initiated it with “Buy” rating and $130.0 target in Thursday, August 24 report. The firm has “Neutral” rating given on Friday, June 2 by Citigroup. The stock has “Sell” rating by Citigroup on Thursday, September 22. The rating was maintained by Needham on Wednesday, October 11 with “Buy”. Stifel Nicolaus upgraded it to “Buy” rating and $96 target in Tuesday, September 20 report. As per Friday, March 9, the company rating was maintained by Bank of America. As per Monday, September 18, the company rating was maintained by Needham. The firm has “Sell” rating given on Friday, May 27 by Citigroup. On Thursday, March 8 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Raymond James on Tuesday, November 28 with “Hold”.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.02, from 1.13 in 2017Q3. It increased, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. 220,821 are owned by Btr Cap Management. Mirador Prtnrs Ltd Partnership holds 8,467 shares or 0.22% of its portfolio. Sumitomo Mitsui Tru accumulated 0.55% or 9.07 million shares. Alpine Woods Capital Invsts Lc reported 37,000 shares. Richard Bernstein Advsr Ltd Liability Corporation accumulated 249,890 shares or 0.52% of the stock. Ubs Oconnor Ltd Limited Liability Company accumulated 0.05% or 34,698 shares. Oak Assocs Ltd Oh has 1.41% invested in Oracle Corporation (NYSE:ORCL). 1St Source National Bank & Trust accumulated 102,739 shares. Allsquare Wealth Management Lc has 1,300 shares. Duff & Phelps Investment Communication, Illinois-based fund reported 33,660 shares. Convergence Ltd Liability Co invested 0.58% of its portfolio in Oracle Corporation (NYSE:ORCL). Delta Asset Limited Company Tn, a Tennessee-based fund reported 6,741 shares. Nelson Van Denburg Campbell Wealth Gru Limited Co holds 0.67% or 63,373 shares in its portfolio. Shell Asset Management owns 753,061 shares or 0.71% of their US portfolio. Wendell David Associates Inc accumulated 4,568 shares.

Gluskin Sheff & Assoc Inc, which manages about $7.77 billion and $1.91 billion US Long portfolio, decreased its stake in Alphabet Inc by 404 shares to 29,961 shares, valued at $31.56M in 2017Q4, according to the filing. It also reduced its holding in Centurylink Inc (NYSE:CTL) by 636,305 shares in the quarter, leaving it with 53,756 shares, and cut its stake in Pfizer Inc (NYSE:PFE).

Among 42 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 15 Hold. Therefore 64% are positive. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 19. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 17. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) rating on Thursday, June 22. Stifel Nicolaus has “Buy” rating and $5200 target. The company was maintained on Friday, September 30 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, December 16 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Monday, October 2 with “Buy”. The company was maintained on Monday, July 17 by KeyBanc Capital Markets. On Tuesday, March 20 the stock rating was downgraded by Bank of America to “Neutral”. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by Goldman Sachs on Wednesday, March 16. The firm has “Hold” rating given on Friday, September 15 by William Blair.

Tech Data Corporation (NASDAQ:TECD) Institutional Positions Chart

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.

By1 Peter Erickson

Automatic Stock Updates

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