Provident Investment Management Lowered Philip Morris Intl (PM) Stake as Stock Price Rose; As Analog Devices (ADI) Stock Value Rose, Macquarie Group LTD Has Increased by $1.03 Million Its Stake

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Macquarie Group Ltd increased its stake in Analog Devices Inc (ADI) by 15.84% based on its latest 2018Q4 regulatory filing with the SEC. Macquarie Group Ltd bought 12,129 shares as the company’s stock rose 19.78% with the market. The institutional investor held 88,681 shares of the technology company at the end of 2018Q4, valued at $7.61 million, up from 76,552 at the end of the previous reported quarter. Macquarie Group Ltd who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $40.29 billion market cap company. The stock increased 1.05% or $1.14 during the last trading session, reaching $109.39. About 3.16M shares traded or 7.77% up from the average. Analog Devices, Inc. (NASDAQ:ADI) has risen 23.04% since March 17, 2018 and is uptrending. It has outperformed by 18.67% the S&P500. Some Historical ADI News: 30/05/2018 – Analog Devices 2Q Gross Margin 68.3%, Adjusted Gross Margin 71.3%; 30/05/2018 – Analog Devices 2Q Rev $1.51B; 15/05/2018 – SABA EXITED AKS, ADI, SGRY, ORIG, TXN IN 1Q: 13F; 30/05/2018 – ANALOG DEVICES 2Q ADJ REV $1.51B, EST. $1.47B; 09/03/2018 – ANALOG DEVICES INC – TO USE NET PROCEEDS OF OFFERING TO REPAY A PORTION OF AMOUNT OUTSTANDING UNDER ITS FIVE-YEAR TERM LOAN; 08/05/2018 – DTS Virtual:X Immersive Audio Technology Now Available Across Popular Analog Devices Product Series; 30/05/2018 – Analog Devices 2Q Net $379.8M; 14/05/2018 – Lazard Asset Buys New 1.3% Position in Analog Devices; 30/05/2018 – ANALOG DEVICES 2Q REV. $1.51B; 13/03/2018 – Qualcomm: Instinet Sees Xilinx, ADI, Microchip Similarities to NXP as Targets — Barron’s Blog

Provident Investment Management Inc decreased its stake in Philip Morris Intl Inc (PM) by 86.27% based on its latest 2018Q4 regulatory filing with the SEC. Provident Investment Management Inc sold 26,074 shares as the company’s stock rose 1.03% with the market. The institutional investor held 4,150 shares of the farming and seeds and milling company at the end of 2018Q4, valued at $277,000, down from 30,224 at the end of the previous reported quarter. Provident Investment Management Inc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $141.23B market cap company. The stock increased 1.18% or $1.06 during the last trading session, reaching $90.85. About 12.35M shares traded or 68.23% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 16.62% since March 17, 2018 and is downtrending. It has underperformed by 20.99% the S&P500. Some Historical PM News: 29/05/2018 – Altria, Reynolds, Lorillard, and Philip Morris Ordered to Issue Corrective Statements on Nicotine Addiction; 22nd Century’s; 19/04/2018 – Philip Morris International said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan; 27/03/2018 – New Zealand court gives Philip Morris nod to sell heated tobacco product; 19/04/2018 – PHILIP MORRIS SEES 2018 OPERATING CASH FLOW OF OVER $9.0B; 19/04/2018 – Philip Morris 1Q Middle East & Africa Cigarette and Heated Tobacco Unit Volume Down 6.5%; 19/04/2018 – Philip Morris Earnings: Is a 16% Plunge a Buying Opportunity? — Barron’s Blog; 25/04/2018 – Philip Morris Bond Trading 4x Average; Clients Net Buyers; 19/04/2018 – Philip Morris Volumes Drop — Earnings Review; 15/05/2018 – In seeking regulatory approval iQOS, Philip Morris International is claiming the electronic gadget is less likely to cause disease than traditional cigarettes; 19/04/2018 – Philip Morris 1Q Total Cigarette Shipments 164.28B

Macquarie Group Ltd, which manages about $51.75 billion US Long portfolio, decreased its stake in Transunion by 18,025 shares to 150,985 shares, valued at $8.58 million in 2018Q4, according to the filing. It also reduced its holding in World Wrestling Entmt Inc (NYSE:WWE) by 22,197 shares in the quarter, leaving it with 500 shares, and cut its stake in Vanda Pharmaceuticals Inc (NASDAQ:VNDA).

Since October 1, 2018, it had 0 buys, and 11 insider sales for $5.54 million activity. On Wednesday, November 21 the insider Mahendra-Rajah Prashanth sold $243,886. SEIF MARGARET K had sold 2,700 shares worth $243,000 on Friday, January 11. STATA RAY also sold $900,140 worth of Analog Devices, Inc. (NASDAQ:ADI) on Wednesday, November 28. Henderson Gregory N. sold $420,402 worth of Analog Devices, Inc. (NASDAQ:ADI) on Wednesday, January 2.

Investors sentiment decreased to 0.83 in Q4 2018. Its down 0.15, from 0.98 in 2018Q3. It turned negative, as 67 investors sold ADI shares while 262 reduced holdings. 75 funds opened positions while 198 raised stakes. 329.06 million shares or 2.18% more from 322.04 million shares in 2018Q3 were reported. Campbell Newman Asset Mgmt stated it has 205,024 shares or 3.06% of all its holdings. Rampart Investment Management Limited Liability Co has 3,561 shares for 0.08% of their portfolio. Lmr Ptnrs Ltd Liability Partnership invested 0.11% in Analog Devices, Inc. (NASDAQ:ADI). Scout reported 285,691 shares. Sequoia Fincl Advsr invested in 2,376 shares or 0.02% of the stock. Eastern Bancorporation has 147,565 shares for 0.95% of their portfolio. Kentucky Retirement Systems Insurance Trust Fund accumulated 7,322 shares. 3,778 were accumulated by Putnam Invs Limited Liability Corp. South Dakota Inv Council holds 0.07% or 35,754 shares. The Illinois-based First Amer Bancorporation has invested 0.06% in Analog Devices, Inc. (NASDAQ:ADI). United Capital Finance Advisers Limited Liability Corporation holds 173,083 shares or 0.12% of its portfolio. Cibc World Markets Inc has 15,142 shares. 136,100 are owned by Honeywell. Ipswich Invest Mgmt Com invested 0.04% in Analog Devices, Inc. (NASDAQ:ADI). Teachers Retirement Systems Of The State Of Kentucky, Kentucky-based fund reported 39,229 shares.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) news were published by: Nasdaq.com which released: “What’s in the Cards for Analog Devices (ADI) in Q1 Earnings? – Nasdaq” on February 15, 2019, also Nasdaq.com with their article: “Technology Sector Update for 02/20/2019: WIX, GRMN, ADI, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on February 20, 2019, Nasdaq.com published: “Analog Devices (ADI) Beats Q4 Earnings and Revenue Estimates – Nasdaq” on November 20, 2018. More interesting news about Analog Devices, Inc. (NASDAQ:ADI) were released by: Nasdaq.com and their article: “Analog Devices, Inc. (ADI) Ex-Dividend Date Scheduled for February 28, 2019 – Nasdaq” published on February 27, 2019 as well as Nasdaq.com‘s news article titled: “Earnings Preview: Analog Devices (ADI) Q1 Earnings Expected to Decline – Nasdaq” with publication date: February 13, 2019.

Investors sentiment decreased to 0.68 in Q4 2018. Its down 0.17, from 0.85 in 2018Q3. It fall, as 82 investors sold PM shares while 552 reduced holdings. 126 funds opened positions while 305 raised stakes. 1.13 billion shares or 3.02% more from 1.09 billion shares in 2018Q3 were reported. 550 are owned by Arcadia Investment Mngmt Corporation Mi. Regal Advsrs Ltd has 4,509 shares. First Midwest Bank Tru Division holds 0.18% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 17,417 shares. Birmingham Management Al invested 0.15% in Philip Morris International Inc. (NYSE:PM). Tokio Marine Asset Mgmt Limited invested in 0.04% or 3,194 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 338,391 shares or 0.23% of their US portfolio. The New York-based Loeb Prtn Corp has invested 0% in Philip Morris International Inc. (NYSE:PM). Wellington Shields Com Limited Com accumulated 0.63% or 16,400 shares. Nwq Inv Communication Llc stated it has 510,455 shares or 0.81% of all its holdings. Veritas Invest Mgmt Llp owns 4,500 shares. Tortoise Invest Management Ltd reported 570 shares. Northeast Financial Consultants invested in 0.42% or 45,422 shares. 1.27M were accumulated by Eaton Vance Mgmt. Investec Asset Mgmt Limited reported 1.03% stake. Burns J W Co New York stated it has 26,192 shares.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 18. They expect $1.01 earnings per share, up 1.00% or $0.01 from last year’s $1 per share. PM’s profit will be $1.57 billion for 22.49 P/E if the $1.01 EPS becomes a reality. After $1.25 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -19.20% negative EPS growth.

Analog Devices, Inc. (NASDAQ:ADI) Institutional Positions Chart