Prospector Partners Raised Us Bancorp Del (USB) Position by $475000 as Valuation Declined; As …



July 13, 2018 – By Joseph Taylor

iRobot Corporation (NASDAQ:IRBT) Logo

Credit Suisse Ag increased its stake in Irobot Corp (IRBT) by 84.75% based on its latest 2018Q1 regulatory filing with the SEC. Credit Suisse Ag bought 397,559 shares as the company’s stock declined 9.90% with the market. The institutional investor held 866,658 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $55.63M, up from 469,099 at the end of the previous reported quarter. Credit Suisse Ag who had been investing in Irobot Corp for a number of months, seems to be bullish on the $2.23B market cap company. The stock decreased 1.07% or $0.87 during the last trading session, reaching $80.25. About 212,598 shares traded. iRobot Corporation (NASDAQ:IRBT) has declined 33.81% since July 13, 2017 and is downtrending. It has underperformed by 46.38% the S&P500. Some Historical IRBT News: 22/04/2018 – DJ iRobot Corporation, Inst Holders, 1Q 2018 (IRBT); 29/05/2018 – iRobot CFO to Speak at Upcoming Investor Conferences; 24/04/2018 – iRobot 1Q Rev $217.1M; 30/05/2018 – iRobot Presenting at Nasdaq Investor Conference Jun 12; 24/04/2018 – IROBOT SEES FY EPS $2.15 TO $2.40; 25/04/2018 – It’s telling that $IRBT iRoomba is down even when they claim strong earnings; 07/05/2018 – iRobot Presenting at Citi SMID Conference Jun 6; 08/05/2018 – iRobot Conference Call Scheduled By Aliya Capital for May. 10; 10/05/2018 – iRobot Presenting at Conference Jun 5; 14/05/2018 – Old Mutual Global Investors Uk Exits Position in iRobot

Prospector Partners Llc increased its stake in Us Bancorp Del (USB) by 5.09% based on its latest 2018Q1 regulatory filing with the SEC. Prospector Partners Llc bought 9,500 shares as the company’s stock declined 9.49% with the market. The institutional investor held 196,100 shares of the major banks company at the end of 2018Q1, valued at $9.90 million, up from 186,600 at the end of the previous reported quarter. Prospector Partners Llc who had been investing in Us Bancorp Del for a number of months, seems to be bullish on the $83.95 billion market cap company. The stock decreased 0.48% or $0.2454 during the last trading session, reaching $51.1146. About 4.04 million shares traded. U.S. Bancorp (NYSE:USB) has declined 2.38% since July 13, 2017 and is downtrending. It has underperformed by 14.95% the S&P500.

Investors sentiment increased to 1.12 in Q1 2018. Its up 0.08, from 1.04 in 2017Q4. It improved, as 30 investors sold IRBT shares while 60 reduced holdings. 38 funds opened positions while 63 raised stakes. 22.40 million shares or 5.35% less from 23.67 million shares in 2017Q4 were reported. Metropolitan Life Insur New York reported 8,608 shares. Cornerstone owns 9 shares. Deutsche Natl Bank Ag has invested 0.01% in iRobot Corporation (NASDAQ:IRBT). Stratos Wealth invested in 0% or 1,147 shares. Advsr Asset Management stated it has 0.01% in iRobot Corporation (NASDAQ:IRBT). State Of Tennessee Treasury Department accumulated 19,886 shares. Arrowstreet Partnership reported 612,486 shares. Great West Life Assurance Com Can accumulated 36,458 shares or 0.01% of the stock. Tiaa Cref Mgmt Limited Liability Corp has invested 0% in iRobot Corporation (NASDAQ:IRBT). Numerixs Investment Techs Incorporated reported 0.02% stake. Virginia Retirement Et Al holds 0.02% or 27,600 shares. Primecap Mngmt Communications Ca holds 1.26 million shares or 0.06% of its portfolio. Cubist Systematic Strategies Ltd Liability has 4,510 shares. 2,192 were reported by Ls Investment Advsrs Ltd Liability Com. Renaissance Grp Limited Company reported 0.02% stake.

Among 14 analysts covering IRobot Corporation (NASDAQ:IRBT), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. IRobot Corporation had 38 analyst reports since September 18, 2015 according to SRatingsIntel. The company was maintained on Tuesday, June 12 by Piper Jaffray. The rating was upgraded by JP Morgan to “Neutral” on Wednesday, January 6. The company was downgraded on Tuesday, July 10 by Raymond James. JP Morgan downgraded the stock to “Underweight” rating in Friday, March 18 report. The firm has “Buy” rating by Sidoti given on Friday, February 9. Canaccord Genuity downgraded the shares of IRBT in report on Wednesday, May 31 to “Hold” rating. The firm has “Underweight” rating by JP Morgan given on Wednesday, April 27. As per Thursday, October 26, the company rating was maintained by Needham. Needham maintained it with “Buy” rating and $52 target in Thursday, October 27 report. The stock has “Hold” rating by Canaccord Genuity on Wednesday, October 25.

Since June 12, 2018, it had 0 buys, and 3 selling transactions for $2.90 million activity. Angle Colin M sold $1.00M worth of stock or 12,175 shares.

More notable recent iRobot Corporation (NASDAQ:IRBT) news were published by: Nasdaq.com which released: “Don’t Waste Your Money on Bitcoin, When These 3 Stocks Are Better Buys” on July 11, 2018, also Marketwatch.com with their article: “S&P 500 nails major resistance, breakout attempt (still) underway” published on July 13, 2018, Benzinga.com published: “Raymond James: iRobot Shares Reflect A More Balanced Risk-Reward Trade-Off” on July 10, 2018. More interesting news about iRobot Corporation (NASDAQ:IRBT) were released by: Benzinga.com and their article: “Tuesday Is An Analyst Ratings Bonanza” published on July 10, 2018 as well as Nasdaq.com‘s news article titled: “About to Buy Bitcoin? Look at These 3 Companies First” with publication date: July 03, 2018.

Credit Suisse Ag, which manages about $41.97 billion and $107.27B US Long portfolio, decreased its stake in Td Ameritrade Hldg Corp (Call) (NYSE:AMTD) by 230,455 shares to 150,000 shares, valued at $8.89 million in 2018Q1, according to the filing. It also reduced its holding in Ultimate Software Group Inc (NASDAQ:ULTI) by 6,163 shares in the quarter, leaving it with 22,957 shares, and cut its stake in Cno Finl Group Inc.

Prospector Partners Llc, which manages about $2.43B and $684.44M US Long portfolio, decreased its stake in Price T Rowe Group Inc (NASDAQ:TROW) by 20,900 shares to 170,200 shares, valued at $18.38 million in 2018Q1, according to the filing. It also reduced its holding in White Mtns Ins Group Ltd (NYSE:WTM) by 5,125 shares in the quarter, leaving it with 5,480 shares, and cut its stake in Noodles & Co (Call) (NASDAQ:NDLS).

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.09, from 0.96 in 2017Q4. It dropped, as 67 investors sold USB shares while 470 reduced holdings. 95 funds opened positions while 370 raised stakes. 1.17 billion shares or 1.27% less from 1.18 billion shares in 2017Q4 were reported. Dekabank Deutsche Girozentrale has 0.11% invested in U.S. Bancorp (NYSE:USB). Estabrook Capital Mngmt, New York-based fund reported 72,640 shares. Clarkston Cap Ptnrs Lc accumulated 0.83% or 419,971 shares. Salem Inv Counselors holds 0% or 312 shares. Ci Glob Investments holds 28,336 shares. Arga Invest Mngmt LP has 0.22% invested in U.S. Bancorp (NYSE:USB) for 38,300 shares. Marathon Capital Mngmt accumulated 14,180 shares. Palladium Ptnrs Lc stated it has 19,720 shares or 0.07% of all its holdings. 245,750 were reported by Foundry Prtn. Cincinnati Fincl Corp owns 0.3% invested in U.S. Bancorp (NYSE:USB) for 135,000 shares. Kanawha Mngmt Limited Liability has invested 1.06% in U.S. Bancorp (NYSE:USB). Adage Capital Prtn Gru Ltd Liability Corp has 111,600 shares for 0.01% of their portfolio. Principal Fincl Inc invested in 5.77 million shares or 0.28% of the stock. Cubist Systematic Strategies Limited Liability Company has invested 0.14% in U.S. Bancorp (NYSE:USB). Ct Mason stated it has 1.28% of its portfolio in U.S. Bancorp (NYSE:USB).

Among 33 analysts covering U.S. Bancorp (NYSE:USB), 12 have Buy rating, 4 Sell and 17 Hold. Therefore 36% are positive. U.S. Bancorp had 96 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained U.S. Bancorp (NYSE:USB) rating on Friday, August 11. Jefferies has “Buy” rating and $5900 target. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, April 18. The firm earned “Buy” rating on Friday, August 28 by Guggenheim. The rating was maintained by Morgan Stanley on Thursday, April 19 with “Underweight”. Canaccord Genuity initiated U.S. Bancorp (NYSE:USB) on Wednesday, July 22 with “Buy” rating. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 12 report. The stock of U.S. Bancorp (NYSE:USB) has “Buy” rating given on Wednesday, January 13 by Deutsche Bank. The rating was downgraded by Morgan Stanley to “Underweight” on Monday, November 14. The firm earned “Hold” rating on Tuesday, September 5 by Robert W. Baird. The stock of U.S. Bancorp (NYSE:USB) earned “Hold” rating by Keefe Bruyette & Woods on Friday, October 13.

Since February 20, 2018, it had 0 buys, and 5 sales for $9.81 million activity. 98,485 shares were sold by Parker P.W., worth $5.51 million. The insider Kelligrew James B sold $1.10M. 24,500 shares were sold by GODRIDGE LESLIE V, worth $1.35 million on Friday, February 23. $750,528 worth of stock was sold by von Gillern Jeffry H. on Friday, February 23.

iRobot Corporation (NASDAQ:IRBT) 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.


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.