Cisco Sys (Call) (CSCO) Holder Ksa Capital Management Has Increased Its Stake; Emerald Advisers Cut Position in Trex (TREX) by $14.65 Million

May 25, 2018 - By Vivian Park

Trex Company, Inc. (NYSE:TREX) Logo

Emerald Advisers Inc decreased its stake in Trex Inc (TREX) by 25.92% based on its latest 2017Q4 regulatory filing with the SEC. Emerald Advisers Inc sold 135,645 shares as the company’s stock rose 0.13% while stock markets declined. The institutional investor held 387,741 shares of the basic industries company at the end of 2017Q4, valued at $42.03M, down from 523,386 at the end of the previous reported quarter. Emerald Advisers Inc who had been investing in Trex Inc for a number of months, seems to be less bullish one the $3.43B market cap company. The stock increased 0.83% or $0.96 during the last trading session, reaching $116.7. About 32,536 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 53.31% since May 25, 2017 and is uptrending. It has outperformed by 41.76% the S&P500.

Daniel Khoshaba increased its stake in Cisco Sys Inc (Call) (CSCO) by 100% based on its latest 2017Q4 regulatory filing with the SEC. Ksa Capital Management Llc bought 10,000 shares as the company’s stock rose 10.71% while stock markets declined. The hedge fund run by Daniel Khoshaba held 20,000 shares of the technology company at the end of 2017Q4, valued at $760,000, up from 10,000 at the end of the previous reported quarter. Ksa Capital Management Llc who had been investing in Cisco Sys Inc (Call) for a number of months, seems to be bullish on the $209.51B market cap company. The stock decreased 0.18% or $0.08 during the last trading session, reaching $43.49. About 5.97M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since May 25, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Emerald Advisers Inc, which manages about $1.71 billion and $2.60 billion US Long portfolio, upped its stake in Sage Therapeutics Inc (NASDAQ:SAGE) by 93,106 shares to 168,785 shares, valued at $27.80 million in 2017Q4, according to the filing. It also increased its holding in Allegheny Technologies Inc (NYSE:ATI) by 618,060 shares in the quarter, for a total of 941,793 shares, and has risen its stake in Catalent Inc (NYSE:CTLT).

Since January 16, 2018, it had 1 buy, and 12 selling transactions for $7.52 million activity. 3,500 shares were sold by Gupp William R., worth $370,973. The insider GRATZ JAY M sold $123,735. On Tuesday, February 27 Golden Michael F sold $437,754 worth of Trex Company, Inc. (NYSE:TREX) or 4,051 shares. SCRIPTER JAY T bought $4,807 worth of stock. The insider Cline James E sold $2.05M. 2,472 shares were sold by FAIRBANKS BRYAN HORIX, worth $281,650.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.29, from 1.35 in 2017Q3. It dropped, as 8 investors sold TREX shares while 93 reduced holdings. 49 funds opened positions while 58 raised stakes. 25.62 million shares or 0.85% less from 25.84 million shares in 2017Q3 were reported. Bank Of Mellon Corporation reported 365,402 shares. Tci Wealth Inc, Arizona-based fund reported 11 shares. 16,754 are held by Millennium Mgmt Llc. Kbc Nv invested in 0.02% or 20,068 shares. Rhumbline Advisers holds 0.02% or 72,877 shares in its portfolio. Da Davidson And holds 0.01% or 2,853 shares. Moreover, Strs Ohio has 0.01% invested in Trex Company, Inc. (NYSE:TREX). Preferred Lc reported 151 shares. Eagle Asset Management Inc holds 0.58% or 967,797 shares. Assetmark owns 15 shares. Disciplined Growth Investors Mn has 369,839 shares. Northern accumulated 389,081 shares. Schwab Charles Mngmt holds 144,224 shares or 0.01% of its portfolio. Piedmont Investment Advisors Ltd Liability Co, a North Carolina-based fund reported 6,049 shares. U S reported 16,000 shares.

Among 10 analysts covering Trex Co (NYSE:TREX), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Trex Co had 29 analyst reports since September 24, 2015 according to SRatingsIntel. The stock of Trex Company, Inc. (NYSE:TREX) has “Hold” rating given on Tuesday, August 1 by Stifel Nicolaus. FBR Capital maintained Trex Company, Inc. (NYSE:TREX) rating on Tuesday, May 8. FBR Capital has “Buy” rating and $129 target. The rating was maintained by Stifel Nicolaus on Thursday, July 13 with “Hold”. As per Thursday, February 22, the company rating was maintained by B. Riley & Co. The firm has “Neutral” rating by Wedbush given on Tuesday, January 17. CL King upgraded the shares of TREX in report on Thursday, October 1 to “Strong Buy” rating. The stock has “Buy” rating by B. Riley & Co on Wednesday, January 3. Wedbush maintained Trex Company, Inc. (NYSE:TREX) rating on Wednesday, October 19. Wedbush has “Neutral” rating and $55 target. Sidoti upgraded it to “Buy” rating and $141 target in Tuesday, May 8 report. The company was maintained on Thursday, February 22 by Stifel Nicolaus.

Analysts await Trex Company, Inc. (NYSE:TREX) to report earnings on July, 30. They expect $1.29 earnings per share, up 32.99% or $0.32 from last year’s $0.97 per share. TREX’s profit will be $37.96M for 22.62 P/E if the $1.29 EPS becomes a reality. After $1.25 actual earnings per share reported by Trex Company, Inc. for the previous quarter, Wall Street now forecasts 3.20% EPS growth.

More notable recent Trex Company, Inc. (NYSE:TREX) news were published by: Nasdaq.com which released: “3 Stocks for Retirees to Grow Their Nest Egg” on May 19, 2018, also Fool.com with their article: “Trex Company Inc Continues to Deliver Record Growth” published on May 11, 2018, Fool.com published: “Trex Company Inc Stock Is Up 12% After Earnings: Here’s Why” on May 08, 2018. More interesting news about Trex Company, Inc. (NYSE:TREX) were released by: Globenewswire.com and their article: “Trex Company Announces Plastic Film Recycling Challenge Winners” published on May 04, 2018 as well as Seekingalpha.com‘s news article titled: “Trex’s (TREX) CEO James Cline on Q1 2018 Results – Earnings Call Transcript” with publication date: May 08, 2018.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.01, from 1.02 in 2017Q3. It is positive, as 51 investors sold CSCO shares while 660 reduced holdings. 145 funds opened positions while 589 raised stakes. 3.54 billion shares or 1.52% less from 3.60 billion shares in 2017Q3 were reported. Winch Advisory Svcs Ltd Liability has invested 0.75% in Cisco Systems, Inc. (NASDAQ:CSCO). Cape Cod Five Cents National Bank, a Massachusetts-based fund reported 82,651 shares. Summit Securities Gp invested 0.03% in Cisco Systems, Inc. (NASDAQ:CSCO). Schwab Charles Inv Mgmt Incorporated, a California-based fund reported 17.76 million shares. Next Group Inc holds 0.58% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 35,555 shares. Mengis Mngmt Incorporated stated it has 0.31% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Schafer Cullen Capital reported 2.02% in Cisco Systems, Inc. (NASDAQ:CSCO). Highstreet Asset Mgmt holds 1.15% or 509,940 shares. Cambridge Com owns 1.43% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 590,633 shares. Alley Lc stated it has 1.13% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). 442,230 are owned by Welch And Forbes Limited. Intersect Capital Ltd Liability Corp owns 57,206 shares. Moody Bancorp Tru Division stated it has 46,071 shares or 0.08% of all its holdings. Clarkston Cap Prtn Ltd Llc invested 1.35% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Rand Wealth Ltd accumulated 235,321 shares.

Since December 14, 2017, it had 0 buys, and 5 selling transactions for $10.28 million activity. The insider Goeckeler David sold 20,671 shares worth $940,559. On Thursday, December 14 the insider MCGEARY RODERICK C sold $578,740. Shares for $550,153 were sold by BURNS M MICHELE. BARTZ CAROL had sold 200,000 shares worth $7.59M.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Globenewswire.com which released: “Oppenheimer and Cisco to Host Tech Talk on Cisco’s AppDynamics” on May 23, 2018, also Globenewswire.com with their article: “Cisco Announces May 2018 Event with the Financial Community” published on May 01, 2018, Seekingalpha.com published: “Cisco Systems: No Surprises, Watch The Margins” on May 17, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Cisco Systems: Should We Be Worried?” published on May 21, 2018 as well as 247Wallst.com‘s news article titled: “Cisco Systems Remains Top-Performing Dow Stock in 2018” with publication date: April 28, 2018.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 170 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Tuesday, April 5. The firm has “Overweight” rating by Barclays Capital given on Thursday, August 18. The rating was upgraded by OTR Global on Thursday, February 2 to “Positive”. On Thursday, August 17 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, May 15. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, November 16. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Piper Jaffray on Thursday, August 13. The rating was maintained by Piperjaffray on Thursday, August 18 with “Overweight”. The firm has “Buy” rating given on Friday, August 4 by Oppenheimer. The firm has “Buy” rating by Robert W. Baird given on Friday, October 13.

Ksa Capital Management Llc, which manages about $287.50M and $51.38 million US Long portfolio, decreased its stake in Manitowoc Inc (NYSE:MTW) by 22,500 shares to 7,500 shares, valued at $295,000 in 2017Q4, according to the filing.

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