Pcm (PCMI) Holding Has Increased by Weber Alan W; Us Bancorp (USB) Share Value Declined While Mar Vista Investment Partners Has Trimmed by $938,206 Its Stake

April 17, 2018 - By Richard Conner

PCM, Inc. (NASDAQ:PCMI) Logo

Weber Alan W increased its stake in Pcm Inc (PCMI) by 415.38% based on its latest 2017Q4 regulatory filing with the SEC. Weber Alan W bought 397,519 shares as the company’s stock declined 14.29% with the market. The institutional investor held 493,219 shares of the consumer services company at the end of 2017Q4, valued at $4.88 million, up from 95,700 at the end of the previous reported quarter. Weber Alan W who had been investing in Pcm Inc for a number of months, seems to be bullish on the $113.20 million market cap company. The stock decreased 0.52% or $0.05 during the last trading session, reaching $9.6. About 15,315 shares traded. PCM, Inc. (NASDAQ:PCMI) has declined 70.06% since April 17, 2017 and is downtrending. It has underperformed by 81.61% the S&P500.

Mar Vista Investment Partners Llc decreased its stake in Us Bancorp (USB) by 1.07% based on its latest 2017Q4 regulatory filing with the SEC. Mar Vista Investment Partners Llc sold 17,702 shares as the company’s stock declined 8.45% with the market. The institutional investor held 1.64 million shares of the major banks company at the end of 2017Q4, valued at $87.62M, down from 1.65M at the end of the previous reported quarter. Mar Vista Investment Partners Llc who had been investing in Us Bancorp for a number of months, seems to be less bullish one the $85.27 billion market cap company. The stock increased 0.48% or $0.24 during the last trading session, reaching $51.65. About 1.28M shares traded. U.S. Bancorp (NYSE:USB) has declined 4.48% since April 17, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Weber Alan W, which manages about $228.55M US Long portfolio, decreased its stake in Trinseo Sa (NYSE:TSE) by 35,000 shares to 187,001 shares, valued at $13.51 million in 2017Q4, according to the filing. It also reduced its holding in Radnet Inc (NASDAQ:RDNT) by 45,252 shares in the quarter, leaving it with 3.32M shares, and cut its stake in Quorum Health Corp.

Among 4 analysts covering PCM Inc (NASDAQ:PCMI), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PCM Inc had 9 analyst reports since July 21, 2016 according to SRatingsIntel. The stock of PCM, Inc. (NASDAQ:PCMI) earned “Buy” rating by TH Capital on Thursday, October 27. The company was maintained on Tuesday, November 7 by B. Riley & Co. Roth Capital downgraded the shares of PCMI in report on Thursday, August 25 to “Neutral” rating. The stock has “Buy” rating by Roth Capital on Thursday, July 21. As per Thursday, October 27, the company rating was upgraded by Roth Capital. The stock has “Buy” rating by Roth Capital on Thursday, March 8. As per Thursday, August 25, the company rating was downgraded by TH Capital.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.07, from 0.89 in 2017Q3. It is positive, as 38 investors sold USB shares while 462 reduced holdings. 118 funds opened positions while 361 raised stakes. 1.18 billion shares or 1.20% less from 1.20 billion shares in 2017Q3 were reported. Highlander Cap Mgmt Limited Liability reported 0.22% of its portfolio in U.S. Bancorp (NYSE:USB). Moreover, Cullen Frost Bankers Inc has 0.14% invested in U.S. Bancorp (NYSE:USB). Deprince Race Zollo has 0.47% invested in U.S. Bancorp (NYSE:USB). Atlas Browninc owns 12,298 shares. Northern Tru Corp holds 0.27% or 20.26 million shares. Hall Laurie J Trustee has invested 0.57% in U.S. Bancorp (NYSE:USB). Baker Boyer Retail Bank, a Washington-based fund reported 13,527 shares. Inverness Counsel Limited Co Ny accumulated 423,610 shares. Karpas Strategies Ltd Liability Company has invested 1.65% of its portfolio in U.S. Bancorp (NYSE:USB). Patriot Wealth invested in 159,011 shares. Mariner Wealth Lc has 0.08% invested in U.S. Bancorp (NYSE:USB) for 38,115 shares. Mckinley Carter Wealth Inc holds 7,231 shares or 0.13% of its portfolio. Hudock Gp Lc reported 3,837 shares. Sabal Trust Com has 0.02% invested in U.S. Bancorp (NYSE:USB) for 4,553 shares. Wedgewood invested in 68,438 shares.

Mar Vista Investment Partners Llc, which manages about $1.80 billion and $2.67 billion US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 2,289 shares to 390,613 shares, valued at $54.58 million in 2017Q4, according to the filing. It also increased its holding in Transdigm Group Inc (NYSE:TDG) by 126,307 shares in the quarter, for a total of 349,160 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

Analysts await U.S. Bancorp (NYSE:USB) to report earnings on April, 18 before the open. They expect $0.94 earnings per share, up 14.63% or $0.12 from last year’s $0.82 per share. USB’s profit will be $1.55B for 13.74 P/E if the $0.94 EPS becomes a reality. After $0.88 actual earnings per share reported by U.S. Bancorp for the previous quarter, Wall Street now forecasts 6.82% EPS growth.

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 10 have Buy rating, 4 Sell and 19 Hold. Therefore 30% are positive. U.S. Bancorp had 89 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, April 26 by Deutsche Bank. The company was downgraded on Monday, October 2 by Bank of America. Citigroup maintained the shares of USB in report on Monday, October 9 with “Neutral” rating. The stock has “Hold” rating by Edward Jones on Tuesday, April 3. Susquehanna downgraded U.S. Bancorp (NYSE:USB) on Thursday, December 1 to “Neutral” rating. On Thursday, September 28 the stock rating was downgraded by Nomura to “Hold”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, October 13. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Monday, January 8 by Jefferies. Wedbush initiated the shares of USB in report on Friday, October 7 with “Neutral” rating. The rating was downgraded by Rafferty on Thursday, April 20 to “Hold”.

Since February 20, 2018, it had 0 insider purchases, and 5 selling transactions for $9.81 million activity. Parker P.W. sold $5.51 million worth of U.S. Bancorp (NYSE:USB) on Tuesday, February 20. 20,000 shares were sold by Kelligrew James B, worth $1.10M. GODRIDGE LESLIE V also sold $1.35M worth of U.S. Bancorp (NYSE:USB) on Friday, February 23. Another trade for 13,641 shares valued at $750,528 was made by von Gillern Jeffry H. on Friday, February 23.

PCM, Inc. (NASDAQ:PCMI) 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 Richard Conner

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:








Recent Posts