Mastrapasqua Asset Management Trimmed Its Microchip Technology (MCHP) Holding; 9 Bullish Analysts Covering Cemex SAB de CV (ADR) (CX)

November 23, 2017 - By Marguerite Chambers

Among 16 analysts covering CEMEX S.A.B. de C.V. (NYSE:CX), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. CEMEX S.A.B. de C.V. had 36 analyst reports since July 23, 2015 according to SRatingsIntel. On Monday, July 17 the stock rating was downgraded by Citigroup to “Sell”. Bank of America downgraded Cemex SAB de CV (ADR) (NYSE:CX) on Tuesday, August 29 to “Hold” rating. Berenberg initiated the stock with “Hold” rating in Friday, September 2 report. The stock of Cemex SAB de CV (ADR) (NYSE:CX) has “Sector Perform” rating given on Wednesday, April 6 by Scotia Capital. Citigroup upgraded Cemex SAB de CV (ADR) (NYSE:CX) rating on Monday, October 23. Citigroup has “Hold” rating and $9.2 target. The stock has “Hold” rating by Santander on Tuesday, October 27. The firm has “Buy” rating given on Friday, March 31 by Longbow. The stock of Cemex SAB de CV (ADR) (NYSE:CX) earned “Buy” rating by Bank of America on Tuesday, June 20. The stock of Cemex SAB de CV (ADR) (NYSE:CX) earned “Neutral” rating by Credit Suisse on Monday, December 14. Macquarie Research downgraded Cemex SAB de CV (ADR) (NYSE:CX) on Friday, January 8 to “Neutral” rating. See Cemex SAB de CV (ADR) (NYSE:CX) latest ratings:

30/10/2017 Broker: S.A.B. de C.V. Sponsored ADR Rating: Jp Morgan New Target: $11.2 10.6
23/10/2017 Broker: Citigroup Rating: Hold New Target: $9.2 Upgrade
23/10/2017 Broker: S.A.B. de C.V. Sponsored ADR Rating: Citigroup
17/10/2017 Broker: Berenberg Rating: Hold New Target: $8.4
29/08/2017 Broker: S.A.B. de C.V. Sponsored ADR Rating: Bank Of America
29/08/2017 Broker: Bank of America Rating: Hold Downgrade
20/07/2017 Broker: Credit Suisse Rating: Buy New Target: $11.0000
17/07/2017 Broker: Citigroup Rating: Sell New Target: $9.2000 Downgrade
29/06/2017 Broker: Longbow Rating: Buy
20/06/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade

Mastrapasqua Asset Management Inc decreased Microchip Technology Inc (MCHP) stake by 3.95% reported in 2017Q2 SEC filing. Mastrapasqua Asset Management Inc sold 6,054 shares as Microchip Technology Inc (MCHP)’s stock rose 11.86%. The Mastrapasqua Asset Management Inc holds 147,340 shares with $11.37M value, down from 153,394 last quarter. Microchip Technology Inc now has $20.70 billion valuation. The stock decreased 1.60% or $1.47 on November 22, reaching $90.4. About shares traded. Microchip Technology Inc. (NASDAQ:MCHP) has risen 68.30% since November 23, 2016 and is uptrending. It has outperformed by 51.60% the S&P500.

Analysts await Microchip Technology Inc. (NASDAQ:MCHP) to report earnings on February, 6. They expect $1.27 EPS, up 27.00% or $0.27 from last year’s $1 per share. MCHP’s profit will be $290.81M for 17.80 P/E if the $1.27 EPS becomes a reality. After $1.37 actual EPS reported by Microchip Technology Inc. for the previous quarter, Wall Street now forecasts -7.30% negative EPS growth.

Investors sentiment decreased to 1 in 2017 Q2. Its down 0.11, from 1.11 in 2017Q1. It dropped, as 38 investors sold MCHP shares while 242 reduced holdings. 71 funds opened positions while 210 raised stakes. 235.26 million shares or 2.61% more from 229.26 million shares in 2017Q1 were reported. Tdam Usa Inc reported 8,805 shares or 0.04% of all its holdings. Moreover, Focused Wealth has 0% invested in Microchip Technology Inc. (NASDAQ:MCHP) for 133 shares. Whittier Of Nevada, a Nevada-based fund reported 9,179 shares. Rice Hall James Associates Ltd Liability Company has invested 0.11% in Microchip Technology Inc. (NASDAQ:MCHP). Texas Capital Bank Tx accumulated 5,741 shares or 1% of the stock. Pictet Asset Limited owns 1.61M shares or 0.41% of their US portfolio. Stephens Inv Management Gru Limited Liability Com has 0.87% invested in Microchip Technology Inc. (NASDAQ:MCHP). Panagora Asset invested in 15,709 shares. Comerica State Bank invested in 0.04% or 72,159 shares. Illinois-based Ubs Asset Management Americas Inc has invested 0% in Microchip Technology Inc. (NASDAQ:MCHP). Wagner Bowman reported 4,026 shares or 0.09% of all its holdings. Bennicas And Associate has invested 2.51% in Microchip Technology Inc. (NASDAQ:MCHP). Advantus Cap Mgmt reported 22,968 shares. Dubuque Fincl Bank stated it has 3,506 shares or 0.06% of all its holdings. Assetmark Inc owns 458,946 shares.

Among 22 analysts covering Microchip Technology (NASDAQ:MCHP), 17 have Buy rating, 0 Sell and 5 Hold. Therefore 77% are positive. Microchip Technology has $123.0 highest and $43 lowest target. $92.40’s average target is 2.21% above currents $90.4 stock price. Microchip Technology had 57 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 26 by Stifel Nicolaus. The stock of Microchip Technology Inc. (NASDAQ:MCHP) has “Neutral” rating given on Friday, September 30 by Mizuho. B. Riley & Co maintained the stock with “Buy” rating in Tuesday, November 7 report. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 30. The firm has “Neutral” rating by Goldman Sachs given on Friday, November 4. Needham maintained the shares of MCHP in report on Friday, August 4 with “Buy” rating. The rating was upgraded by B. Riley & Co to “Buy” on Thursday, November 5. The firm has “Buy” rating by Needham given on Monday, January 18. Needham maintained Microchip Technology Inc. (NASDAQ:MCHP) rating on Monday, June 12. Needham has “Buy” rating and $10000 target. The stock of Microchip Technology Inc. (NASDAQ:MCHP) has “Overweight” rating given on Tuesday, September 8 by JP Morgan.

The stock increased 0.38% or $0.03 on November 22, reaching $7.85. About 4.84 million shares traded. Cemex SAB de CV (ADR) (NYSE:CX) has risen 38.50% since November 23, 2016 and is uptrending. It has outperformed by 21.80% the S&P500.

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 Marguerite Chambers




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: