Segall Bryant & Hamill Raised Infinera (INFN) Position By $756,500; Atento SA (ATTO) Sellers Increased By 58.47% Their Shorts

December 7, 2017 - By Maria Brooks

Segall Bryant & Hamill Llc increased Infinera Corporation (INFN) stake by 12.92% reported in 2017Q2 SEC filing. Segall Bryant & Hamill Llc acquired 75,650 shares as Infinera Corporation (INFN)’s stock declined 19.10%. The Segall Bryant & Hamill Llc holds 661,021 shares with $7.05M value, up from 585,371 last quarter. Infinera Corporation now has $1000.00M valuation. The stock decreased 0.89% or $0.06 during the last trading session, reaching $6.7. About 1.10M shares traded. Infinera Corporation (NASDAQ:INFN) has declined 24.42% since December 7, 2016 and is downtrending. It has underperformed by 41.12% the S&P500.

Atento SA (NYSE:ATTO) had an increase of 58.47% in short interest. ATTO’s SI was 18,700 shares in December as released by FINRA. Its up 58.47% from 11,800 shares previously. With 18,600 avg volume, 1 days are for Atento SA (NYSE:ATTO)’s short sellers to cover ATTO’s short positions. The stock increased 0.51% or $0.05 during the last trading session, reaching $9.8. About 301,472 shares traded or 103.75% up from the average. Atento S.A. (NYSE:ATTO) has risen 19.10% since December 7, 2016 and is uptrending. It has outperformed by 2.40% the S&P500.

Atento S.A., together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. The company has market cap of $724.31 million. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services. It has a 73.68 P/E ratio. The firm serves clients primarily in the telecommunications and financial services sectors; and in multi-sectors, including consumer goods, retail, public administration, healthcare, travel, and transportation and logistics, as well as technology and media.

Among 5 analysts covering Atento (NYSE:ATTO), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Atento has $16 highest and $9 lowest target. $13.38’s average target is 36.53% above currents $9.8 stock price. Atento had 9 analyst reports since March 9, 2016 according to SRatingsIntel. On Tuesday, July 25 the stock rating was maintained by Bank of America with “Neutral”. The rating was maintained by Robert W. Baird on Friday, October 20 with “Buy”. As per Wednesday, March 9, the company rating was downgraded by Bank of America. The company was maintained on Monday, August 21 by Barrington Research. The firm has “Outperform” rating by Robert W. Baird given on Wednesday, March 9. The firm has “Hold” rating given on Thursday, May 25 by ValuEngine. The firm has “Outperform” rating by Barrington Research given on Monday, April 24. Robert W. Baird maintained the shares of ATTO in report on Sunday, September 17 with “Buy” rating. The stock has “Neutral” rating by Credit Suisse on Wednesday, May 11.

Investors sentiment increased to 1.61 in Q2 2017. Its up 0.28, from 1.33 in 2017Q1. It increased, as 19 investors sold INFN shares while 38 reduced holdings. 30 funds opened positions while 62 raised stakes. 126.30 million shares or 7.33% more from 117.68 million shares in 2017Q1 were reported. Schwab Charles Invest Management Inc holds 0.01% or 597,855 shares. Citigroup owns 1,377 shares. Thompson Davis And Incorporated stated it has 0.06% in Infinera Corporation (NASDAQ:INFN). Quantitative Systematic Strategies Ltd Llc reported 15,799 shares. Pnc Services Grp Inc owns 0% invested in Infinera Corporation (NASDAQ:INFN) for 4,115 shares. Eagle Asset Management reported 0.28% stake. State Board Of Administration Of Florida Retirement holds 0% of its portfolio in Infinera Corporation (NASDAQ:INFN) for 95,429 shares. Employees Retirement Association Of Colorado owns 32,000 shares or 0% of their US portfolio. Sei reported 49,298 shares. Moreover, Bb&T Securities Limited has 0.05% invested in Infinera Corporation (NASDAQ:INFN). Glenmede Na owns 635 shares or 0% of their US portfolio. Shellback LP owns 0.18% invested in Infinera Corporation (NASDAQ:INFN) for 200,000 shares. Goldman Sachs Gp holds 656,959 shares or 0% of its portfolio. Evercore Wealth Mngmt Ltd Limited Liability Company holds 1,700 shares or 0% of its portfolio. Principal Incorporated holds 18,018 shares.

Segall Bryant & Hamill Llc decreased Roper Technologies (NYSE:ROP) stake by 5,853 shares to 339,174 valued at $78.53 million in 2017Q2. It also reduced Chimera Investment Corp stake by 21,015 shares and now owns 202,041 shares. Abbott Labs (NYSE:ABT) was reduced too.

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By1 Maria Brooks

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