Nomura Holdings Increased Rpm International (RPM) Stake by $73.50 Million; Prospect Capital (PSEC) Sentiment Is 0.99

February 16, 2018 - By William Brooks

Nomura Holdings Inc increased Rpm International Inc (NYSE:RPM) stake by 65.15% reported in 2017Q4 SEC filing. Nomura Holdings Inc acquired 1.41M shares as Rpm International Inc (NYSE:RPM)’s stock rose 0.21%. The Nomura Holdings Inc holds 3.58M shares with $187.84M value, up from 2.17M last quarter. Rpm International Inc now has $6.80 billion valuation. The stock increased 0.41% or $0.21 during the last trading session, reaching $50.9. About 182,217 shares traded. RPM International Inc. (NYSE:RPM) has risen 9.09% since February 16, 2017 and is uptrending. It has underperformed by 7.61% the S&P500.

The stock increased 1.56% or $0.105 during the last trading session, reaching $6.845. About 782,860 shares traded. Prospect Capital Corporation (PSEC) has risen 10.36% since February 16, 2017 and is uptrending. It has underperformed by 6.34% the S&P500.

Muzinich & Co. Inc. holds 6.2% of its portfolio in Prospect Capital Corporation for 9.32 million shares. Penn Mutual Life Insurance Co owns 594,000 shares or 2.72% of their US portfolio. Moreover, Camelot Portfolios Llc has 2.27% invested in the company for 699,153 shares. The California-based Messner & Smith Theme Value Investment Management Ltd Ca has invested 1.75% in the stock. Lucus Advisors Llc, a New York-based fund reported 52,144 shares.

Since January 1, 0001, it had 13 insider purchases, and 0 sales for $12.57 million activity.

Since October 13, 2017, it had 0 insider buys, and 3 sales for $4.30 million activity. Shares for $138,673 were sold by Moore Edward W. on Monday, January 8. RICE RONALD A also sold $2.32M worth of RPM International Inc. (NYSE:RPM) shares. SULLIVAN FRANK C also sold $1.83 million worth of RPM International Inc. (NYSE:RPM) shares.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.08, from 1.22 in 2017Q2. It is positive, as 38 investors sold RPM shares while 99 reduced holdings. 50 funds opened positions while 128 raised stakes. 97.64 million shares or 0.81% more from 96.85 million shares in 2017Q2 were reported. Bluemountain Cap Mgmt Ltd Liability Co holds 86,958 shares. Menta Lc reported 0.21% in RPM International Inc. (NYSE:RPM). Comerica Comml Bank holds 116,039 shares or 0.04% of its portfolio. Azimuth Capital Management Limited Liability stated it has 17,750 shares or 0.07% of all its holdings. Balyasny Asset Mngmt Ltd Co stated it has 42,059 shares or 0.01% of all its holdings. Ameriprise Financial Incorporated reported 390,697 shares. Moreover, Schwartz Counsel has 1.46% invested in RPM International Inc. (NYSE:RPM) for 454,000 shares. Thrivent For Lutherans accumulated 187,186 shares or 0.03% of the stock. Manning & Napier Advisors Lc invested in 0.02% or 44,251 shares. National Bank & Trust holds 0.02% or 29,665 shares in its portfolio. The Pennsylvania-based Roffman Miller Assoc Pa has invested 2.84% in RPM International Inc. (NYSE:RPM). Rbf Cap Ltd, a California-based fund reported 66,105 shares. Tiaa Cref Inv Mgmt Limited Liability Co holds 0.01% in RPM International Inc. (NYSE:RPM) or 218,754 shares. Cadence Cap Mgmt Ltd Limited Liability Company stated it has 0.05% in RPM International Inc. (NYSE:RPM). Mountain Pacific Advisers Inc Id reported 1.88% stake.

Nomura Holdings Inc decreased Broadcom Ltd () stake by 1.31M shares to 92,805 valued at $23.89M in 2017Q4. It also reduced Energy Select Sector Spdr (Put) (XLE) stake by 455,100 shares and now owns 280,000 shares. Visa Inc (NYSE:V) was reduced too.

Among 10 analysts covering RPM International (NYSE:RPM), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. RPM International had 16 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, August 10 by Seaport Global. The company was maintained on Monday, June 12 by RBC Capital Markets. Seaport Global Securities initiated RPM International Inc. (NYSE:RPM) on Tuesday, January 5 with “Accumulate” rating. The firm earned “Hold” rating on Tuesday, September 5 by RBC Capital Markets. The rating was initiated by RBC Capital Markets on Wednesday, October 14 with “Sector Perform”. RBC Capital Markets maintained RPM International Inc. (NYSE:RPM) rating on Monday, November 13. RBC Capital Markets has “Hold” rating and $51.0 target. The stock of RPM International Inc. (NYSE:RPM) earned “Hold” rating by Robert W. Baird on Friday, November 3. The stock of RPM International Inc. (NYSE:RPM) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. The stock has “Hold” rating by RBC Capital Markets on Monday, October 9. The stock of RPM International Inc. (NYSE:RPM) has “Buy” rating given on Friday, February 17 by Northcoast.

RPM International Inc. manufactures, markets, and sells specialty chemical products for industrial, specialty, and consumer markets worldwide. The company has market cap of $6.80 billion. The Company’s Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding solutions; flooring and in-plant glazing solutions; passive fire protection and manufacturing industry solutions; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes. It has a 19.77 P/E ratio. This segment also offers corrosion-control coatings, containment linings, fire and sound proofing products, and insulation products; rolled asphalt roofing materials, chemical admixtures, and industrial epoxy flooring systems; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts, epoxy adhesives, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials, as well as specialty construction products.

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By1 William Brooks

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