State Of Wisconsin Investment Board Has Trimmed Its Sina (SINA) Position; KMG Chemicals, Inc. (KMG) Covered By 4 Bulls

May 20, 2018 - By Migdalia James

KMG Chemicals, Inc. (NYSE:KMG) Logo

Among 6 analysts covering KMG Chemicals (NYSE:KMG), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. KMG Chemicals had 10 analyst reports since August 12, 2015 according to SRatingsIntel. Seaport Global maintained it with “Buy” rating and $74.0 target in Thursday, February 22 report. Global Hunter Securities upgraded the shares of KMG in report on Wednesday, August 26 to “Neutral” rating. Gabelli downgraded KMG Chemicals, Inc. (NYSE:KMG) rating on Wednesday, December 14. Gabelli has “Hold” rating and $37 target. Zacks downgraded the shares of KMG in report on Monday, August 31 to “Hold” rating. As per Monday, May 1, the company rating was upgraded by Gabelli. The stock of KMG Chemicals, Inc. (NYSE:KMG) has “Strong-Buy” rating given on Wednesday, August 12 by Zacks. KeyBanc Capital Markets maintained KMG Chemicals, Inc. (NYSE:KMG) on Wednesday, December 13 with “Buy” rating. Seaport Global Securities upgraded KMG Chemicals, Inc. (NYSE:KMG) rating on Friday, December 11. Seaport Global Securities has “Buy” rating and $26 target. See KMG Chemicals, Inc. (NYSE:KMG) latest ratings:

22/02/2018 Broker: Seaport Global Rating: Buy New Target: $74.0 Maintain
22/01/2018 Broker: Goldman Sachs Rating: Neutral New Target: $73 Initiates Coverage On
13/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $70.0 Maintain
21/11/2017 Broker: KeyBanc Capital Markets Rating: Overweight New Target: $63 Initiates Coverage On

State Of Wisconsin Investment Board decreased Sina Corp (SINA) stake by 23.28% reported in 2017Q4 SEC filing. State Of Wisconsin Investment Board sold 174,006 shares as Sina Corp (SINA)’s stock rose 0.05%. The State Of Wisconsin Investment Board holds 573,494 shares with $57.53M value, down from 747,500 last quarter. Sina Corp now has $6.43 billion valuation. The stock decreased 0.58% or $0.52 during the last trading session, reaching $89.9. About 579,697 shares traded. SINA Corporation (NASDAQ:SINA) has risen 55.04% since May 20, 2017 and is uptrending. It has outperformed by 43.49% the S&P500.

Since December 11, 2017, it had 0 buys, and 15 selling transactions for $28.06 million activity. HATCHER DAVID L had sold 45,000 shares worth $2.78M on Monday, January 29. $396,000 worth of KMG Chemicals, Inc. (NYSE:KMG) was sold by GONSER CHRISTOPHER W.

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.70, from 0.95 in 2017Q3. It is positive, as 21 investors sold KMG Chemicals, Inc. shares while 30 reduced holdings. 35 funds opened positions while 49 raised stakes. 11.87 million shares or 40.19% more from 8.47 million shares in 2017Q3 were reported. Los Angeles Cap Mgmt Equity Research holds 0.01% or 17,173 shares. Invesco Ltd invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Virtu Limited Liability holds 0.04% or 11,683 shares in its portfolio. Ghp Investment Advsr owns 29,253 shares. Macquarie Gru reported 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Geode Capital Mgmt Ltd Liability Co holds 0% in KMG Chemicals, Inc. (NYSE:KMG) or 100,059 shares. Jpmorgan Chase And has 0% invested in KMG Chemicals, Inc. (NYSE:KMG) for 71,107 shares. Moreover, Strs Ohio has 0% invested in KMG Chemicals, Inc. (NYSE:KMG). Cadence Cap Limited Company holds 0.1% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG) for 23,557 shares. Rhumbline Advisers accumulated 0% or 11,070 shares. Arrowmark Colorado Ltd Liability Corp holds 222,521 shares. Brant Point Invest Mngmt Limited holds 54,636 shares or 0.37% of its portfolio. 247,267 are held by Fmr Limited Liability. Citadel Advsrs Limited has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). State Bank Of New York Mellon Corp reported 112,689 shares.

The stock decreased 0.03% or $0.02 during the last trading session, reaching $68.36. About 83,613 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 41.92% since May 20, 2017 and is uptrending. It has outperformed by 30.37% the S&P500.

KMG Chemicals, Inc., through its subsidiaries, makes, formulates, and distributes specialty chemicals worldwide. The company has market cap of $1.06 billion. The companyÂ’s Electronic Chemicals segment is involved in the sale of high purity and ultra purity wet process chemicals primarily to clean and etch silicon wafers in the production of semiconductors. It has a 21.42 P/E ratio. This segmentÂ’s products include sulfuric, phosphoric, and nitric and hydrofluoric acids; ammonium hydroxide; hydrogen peroxide; isopropyl alcohol; other specialty organic solvents; and various blends of chemicals.

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on August, 8. They expect $0.61 EPS, up 96.77% or $0.30 from last year’s $0.31 per share. SINA’s profit will be $43.60M for 36.84 P/E if the $0.61 EPS becomes a reality. After $0.38 actual EPS reported by SINA Corporation for the previous quarter, Wall Street now forecasts 60.53% EPS growth.

More notable recent SINA Corporation (NASDAQ:SINA) news were published by: Nasdaq.com which released: “Why Did the Bears Pounce on Weibo and SINA?” on May 13, 2018, also Nasdaq.com with their article: “Why SINA Corp. Stock Fell 10% Today” published on May 09, 2018, Nasdaq.com published: “SINA Corp. Starts 2018 Strong (and Falls Anyway)” on May 10, 2018. More interesting news about SINA Corporation (NASDAQ:SINA) were released by: Investorplace.com and their article: “SINA Corp Reports Earnings for First Quarter of 2018” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Weibo Corp Stock Plunges Despite Earnings Beat” with publication date: May 09, 2018.

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.14, from 1.24 in 2017Q3. It is positive, as 32 investors sold SINA shares while 53 reduced holdings. 39 funds opened positions while 78 raised stakes. 44.22 million shares or 3.72% less from 45.93 million shares in 2017Q3 were reported. The New York-based Fincl Bank Of Mellon Corp has invested 0% in SINA Corporation (NASDAQ:SINA). 215,599 were accumulated by Pub Sector Pension Investment Board. Peak6 Invests Lp invested in 28,806 shares or 0.01% of the stock. 30,553 are held by Gsa Capital Prtn Llp. Envestnet Asset Mngmt owns 9,621 shares or 0% of their US portfolio. Illinois-based Grp Inc One Trading Limited Partnership has invested 0% in SINA Corporation (NASDAQ:SINA). Morgan Stanley has invested 0.03% in SINA Corporation (NASDAQ:SINA). Ubs Asset Management Americas owns 140,921 shares. Pictet Asset Management holds 0.02% in SINA Corporation (NASDAQ:SINA) or 78,000 shares. Telemus Cap Ltd Company has invested 0.09% in SINA Corporation (NASDAQ:SINA). First Manhattan stated it has 0.04% of its portfolio in SINA Corporation (NASDAQ:SINA). State Street holds 0.01% or 911,963 shares. Asset Management One reported 0.01% of its portfolio in SINA Corporation (NASDAQ:SINA). Parametric Assoc Limited Liability Company holds 153,010 shares. Aqr Cap Management Limited Liability Company holds 0.02% of its portfolio in SINA Corporation (NASDAQ:SINA) for 203,840 shares.

KMG Chemicals, Inc. (NYSE:KMG) Institutional Positions Chart

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By1 Migdalia James

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