Union Pac (UNP) Stock Price Declined While Northwestern Mutual Wealth Management Company Has Trimmed Holding; Bamco Cut Its Holding in Mellanox Technologies LTD (MLNX) by $1.11 Million

May 27, 2018 - By Louis Casey

Union Pacific Corporation (NYSE:UNP) Logo

Bamco Inc decreased its stake in Mellanox Technologies Ltd (MLNX) by 13.88% based on its latest 2017Q4 regulatory filing with the SEC. Bamco Inc sold 17,421 shares as the company’s stock rose 12.47% while stock markets declined. The institutional investor held 108,059 shares of the technology company at the end of 2017Q4, valued at $6.99M, down from 125,480 at the end of the previous reported quarter. Bamco Inc who had been investing in Mellanox Technologies Ltd for a number of months, seems to be less bullish one the $4.51 billion market cap company. The stock increased 1.11% or $0.95 during the last trading session, reaching $86.3. About 543,596 shares traded or 8.40% up from the average. Mellanox Technologies, Ltd. (NASDAQ:MLNX) has risen 40.78% since May 27, 2017 and is uptrending. It has outperformed by 29.23% the S&P500.

Northwestern Mutual Wealth Management Company decreased its stake in Union Pac Corp (UNP) by 63.49% based on its latest 2017Q4 regulatory filing with the SEC. Northwestern Mutual Wealth Management Company sold 86,966 shares as the company’s stock declined 2.36% with the market. The institutional investor held 50,003 shares of the railroads company at the end of 2017Q4, valued at $6.71M, down from 136,969 at the end of the previous reported quarter. Northwestern Mutual Wealth Management Company who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $112.51B market cap company. The stock decreased 0.41% or $0.6 during the last trading session, reaching $145.06. About 2.20M shares traded. Union Pacific Corporation (NYSE:UNP) has risen 26.23% since May 27, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.13, from 0.95 in 2017Q3. It increased, as 27 investors sold MLNX shares while 37 reduced holdings. 31 funds opened positions while 38 raised stakes. 31.57 million shares or 5.92% more from 29.80 million shares in 2017Q3 were reported. Lenox Wealth Management reported 100 shares. Canada Pension Plan Invest Board has 120,600 shares for 0.01% of their portfolio. State Street Corporation holds 74,305 shares or 0% of its portfolio. Geode Cap Mngmt Ltd Company holds 32,241 shares. Natl Bank Of America Corp De holds 0.01% of its portfolio in Mellanox Technologies, Ltd. (NASDAQ:MLNX) for 476,068 shares. Benjamin F Edwards & stated it has 1,765 shares. Neuberger Berman Gru Lc holds 0.06% or 855,928 shares. Reilly Fin Lc invested in 0% or 235 shares. Loomis Sayles & Commerce Limited Partnership owns 338,164 shares. Citadel Ltd Limited Liability Company has 539,795 shares. Royal National Bank Of Canada stated it has 0.01% in Mellanox Technologies, Ltd. (NASDAQ:MLNX). Bnp Paribas Arbitrage Sa has 1 shares for 0% of their portfolio. Voloridge Mngmt Lc invested in 39,367 shares or 0.06% of the stock. Delta Asset Mngmt Limited Tn holds 300 shares or 0% of its portfolio. Monetary Management Group Inc holds 0.01% in Mellanox Technologies, Ltd. (NASDAQ:MLNX) or 200 shares.

Since January 2, 2018, it had 7 buys, and 10 insider sales for $4.75 million activity. On Thursday, January 25 the insider Makov Efrat bought $13,392. The insider LACEY THOMAS A bought 1,450 shares worth $96,135. On Tuesday, January 23 Khazam Jonathan bought $26,600 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) or 400 shares. 2,500 shares valued at $166,593 were bought by WATERS GREGORY L on Monday, January 22. 12,590 Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares with value of $827,730 were sold by Shulman Yakov (Jacob). $168,750 worth of Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares were sold by Kagan Michael.

Among 21 analysts covering Mellanox Tech (NASDAQ:MLNX), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Mellanox Tech had 58 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Barclays Capital on Thursday, April 12 to “Overweight”. Jefferies maintained it with “Sell” rating and $3800 target in Monday, July 10 report. The firm has “Hold” rating by Roth Capital given on Monday, July 24. As per Thursday, October 26, the company rating was downgraded by J.P. Morgan. Jefferies maintained Mellanox Technologies, Ltd. (NASDAQ:MLNX) on Thursday, September 7 with “Sell” rating. As per Friday, January 19, the company rating was upgraded by CFRA. The rating was upgraded by PiperJaffray on Friday, May 18 to “Overweight”. Barclays Capital upgraded the shares of MLNX in report on Tuesday, November 28 to “Equal-Weight” rating. The rating was maintained by Susquehanna on Thursday, May 17 with “Buy”. The company was maintained on Thursday, February 22 by Stifel Nicolaus.

More notable recent Mellanox Technologies, Ltd. (NASDAQ:MLNX) news were published by: Investorplace.com which released: “5 Potential Winners as US-China Trade Conflict Lingers” on May 16, 2018, also Businesswire.com with their article: “Mellanox Sends Letter to Shareholders” published on May 07, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 18, 2018” on May 18, 2018. More interesting news about Mellanox Technologies, Ltd. (NASDAQ:MLNX) were released by: Businesswire.com and their article: “Mellanox Shareholders Overwhelmingly Support Company’s Best-in-Class Governance Proposals” published on May 24, 2018 as well as Streetinsider.com‘s news article titled: “Security and Networking Takeaways From HPE Call – Piper Jaffray” with publication date: May 23, 2018.

Analysts await Mellanox Technologies, Ltd. (NASDAQ:MLNX) to report earnings on July, 25. They expect $0.75 EPS, up 650.00% or $0.65 from last year’s $0.1 per share. MLNX’s profit will be $39.15M for 28.77 P/E if the $0.75 EPS becomes a reality. After $0.70 actual EPS reported by Mellanox Technologies, Ltd. for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

Bamco Inc, which manages about $24.24B and $21.69B US Long portfolio, upped its stake in Ma Com Technology Solutions (NASDAQ:MTSI) by 546,879 shares to 1.49M shares, valued at $48.39M in 2017Q4, according to the filing. It also increased its holding in Keyw Holding Corp (NASDAQ:KEYW) by 97,794 shares in the quarter, for a total of 747,194 shares, and has risen its stake in Vulcan Matls Co (NYSE:VMC).

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on July, 19. They expect $1.88 EPS, up 29.66% or $0.43 from last year’s $1.45 per share. UNP’s profit will be $1.46B for 19.29 P/E if the $1.88 EPS becomes a reality. After $1.68 actual EPS reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 11.90% EPS growth.

Another recent and important Union Pacific Corporation (NYSE:UNP) news was published by Seekingalpha.com which published an article titled: “Union Pacific Had A Great Quarter” on May 04, 2018.

Since March 20, 2018, it had 0 insider purchases, and 3 selling transactions for $7.37 million activity. KNIGHT ROBERT M JR sold 25,000 shares worth $3.43M.

Northwestern Mutual Wealth Management Company, which manages about $15.70B US Long portfolio, upped its stake in Spdr Ser Tr by 122,955 shares to 2.09M shares, valued at $102.18 million in 2017Q4, according to the filing. It also increased its holding in Arch Cap Group Ltd (NASDAQ:ACGL) by 3,800 shares in the quarter, for a total of 5,319 shares, and has risen its stake in Ishares Tr (IBB).

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.04, from 0.9 in 2017Q3. It increased, as 49 investors sold UNP shares while 505 reduced holdings. 128 funds opened positions while 391 raised stakes. 598.50 million shares or 0.52% less from 601.66 million shares in 2017Q3 were reported. Vaughan David Investments Il accumulated 6,982 shares. Andra Ap holds 0.14% or 47,500 shares in its portfolio. Ftb Advsr Inc holds 69,603 shares. Dock Street Asset, a Connecticut-based fund reported 4,000 shares. California-based Parallax Volatility Advisers Limited Partnership has invested 0.03% in Union Pacific Corporation (NYSE:UNP). Janney Montgomery Scott Limited Co accumulated 92,770 shares or 0.13% of the stock. Van Strum And Towne reported 3,810 shares. Dearborn Ptnrs Limited Com owns 1.48% invested in Union Pacific Corporation (NYSE:UNP) for 153,290 shares. The Michigan-based Blue Chip Ptnrs has invested 0.37% in Union Pacific Corporation (NYSE:UNP). 8,090 are held by Somerville Kurt F. Forte Cap Ltd Limited Liability Company Adv holds 2,276 shares. Azimuth Mgmt Limited Liability Corp holds 100,110 shares or 0.97% of its portfolio. Contravisory Inv Mgmt Incorporated holds 0% or 35 shares in its portfolio. Moreover, Cim Limited Liability Company has 0.16% invested in Union Pacific Corporation (NYSE:UNP). Sumitomo Mitsui Asset Mgmt Limited reported 93,835 shares.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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By1 Louis Casey

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