First National Bank Of Omaha Has Cut Its Microchip Technology (MCHP) Holding; Flanigans Enterprises Has 0.67 Sentiment

February 23, 2018 - By Marguerite Chambers

FlaniganÂ’s Enterprises, Inc. operates a chain of full-service restaurants and package liquor stores in South Florida. The company has market cap of $42.75 million. The firm operates package liquor stores under the Big DaddyÂ’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the FlaniganÂ’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food service. It has a 14.36 P/E ratio. As of October 01, 2016, it operated 25 units consisting of restaurants, package liquor stores, and combination restaurants/package liquor stores; owned 1 adult entertainment club; and franchised 5 units comprising 2 restaurants and 3 combination restaurants/package liquor stores.

First National Bank Of Omaha decreased Microchip Technology Inc (MCHP) stake by 8.66% reported in 2017Q3 SEC filing. First National Bank Of Omaha sold 20,539 shares as Microchip Technology Inc (MCHP)’s stock rose 11.86%. The First National Bank Of Omaha holds 216,686 shares with $17.40 million value, down from 237,225 last quarter. Microchip Technology Inc now has $19.67 billion valuation. The stock decreased 0.27% or $0.23 during the last trading session, reaching $83.92. About 2.20 million shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 68.30% since February 23, 2017 and is uptrending. It has outperformed by 51.60% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.15, from 1 in 2017Q2. It is positive, as 25 investors sold MCHP shares while 231 reduced holdings. 72 funds opened positions while 223 raised stakes. 239.62 million shares or 1.85% more from 235.26 million shares in 2017Q2 were reported. Paloma Prns Management invested in 0.01% or 10,528 shares. The Indiana-based 1St Source Bancorp has invested 0.13% in Microchip Technology Incorporated (NASDAQ:MCHP). British Columbia Invest holds 0.09% or 130,249 shares in its portfolio. Hsbc Holdg Pcl reported 314,546 shares stake. Focused Wealth Mgmt holds 0% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 100 shares. Atria Invs Ltd Llc stated it has 5,698 shares or 0.03% of all its holdings. Rice Hall James & Associate Ltd Company accumulated 28,936 shares or 0.11% of the stock. Cypress Funds Ltd Com stated it has 7.36% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.11% in Microchip Technology Incorporated (NASDAQ:MCHP). Pennsylvania holds 18,363 shares or 0.08% of its portfolio. Korea Investment owns 657,505 shares for 0.27% of their portfolio. Dnb Asset Mgmt As holds 0.03% or 23,346 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System reported 0.03% stake. Aviva Plc holds 0.07% or 143,526 shares. Gemmer Asset Mngmt Lc holds 170 shares.

First National Bank Of Omaha increased Amn Healthcare Services Inc (NYSE:AHS) stake by 12,155 shares to 207,172 valued at $9.47 million in 2017Q3. It also upped United Parcel Service Inc (NYSE:UPS) stake by 3,761 shares and now owns 77,564 shares. 3M Co (NYSE:MMM) was raised too.

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on May, 8. They expect $1.27 EPS, up 15.45% or $0.17 from last year’s $1.1 per share. MCHP’s profit will be $297.61M for 16.52 P/E if the $1.27 EPS becomes a reality. After $1.30 actual EPS reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts -2.31% negative EPS growth.

Since February 22, 2018, it had 0 insider purchases, and 4 insider sales for $1.31 million activity. 4,159 shares were sold by LITTLE MITCHELL R, worth $349,938. SIMONCIC RICHARD J had sold 3,850 shares worth $324,093 on Thursday, February 22. DREHOBL STEPHEN V sold $453,935 worth of stock or 5,395 shares. Shares for $177,536 were sold by Bjornholt James Eric on Thursday, February 22.

Among 23 analysts covering Microchip Technology (NASDAQ:MCHP), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Microchip Technology had 63 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 8 by Bank of America. The stock has “Outperform” rating by Credit Suisse on Tuesday, November 7. The firm has “Overweight” rating given on Tuesday, January 19 by Morgan Stanley. Jefferies maintained the stock with “Buy” rating in Monday, September 11 report. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) earned “Buy” rating by Stifel Nicolaus on Tuesday, June 6. As per Tuesday, June 6, the company rating was maintained by Susquehanna. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, February 7 report. The firm earned “Buy” rating on Tuesday, May 17 by CLSA. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, August 3 report. The firm has “Buy” rating by B. Riley & Co given on Tuesday, November 7.

It closed at $23 lastly. It is down 47.32% since February 23, 2017 and is uptrending. It has outperformed by 30.62% the S&P500.

Acadian Asset Management Llc holds 0% of its portfolio in Flanigan's Enterprises, Inc. for 310 shares. Bank Of America Corp De owns 1 shares or 0% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 2,336 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0% in the stock. Fmr Llc, a Massachusetts-based fund reported 136,730 shares.

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By1 Marguerite Chambers

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