Sterling Construction Co. (STRL) Holder Navellier & Associates Has Upped Position by $374,864 as Share Price Declined; Ipg Investment Advisors Has Increased Its Pandora Media Com (P) Holding by $350.03 Million; Share Value Rose

April 18, 2018 - By Michael Collier

Ipg Investment Advisors Llc increased its stake in Pandora Media Inc Com (P) by 82.77% based on its latest 2017Q4 regulatory filing with the SEC. Ipg Investment Advisors Llc bought 72,620 shares as the company’s stock rose 11.09% while stock markets declined. The institutional investor held 160,360 shares of the consumer services company at the end of 2017Q4, valued at $772.94M, up from 87,740 at the end of the previous reported quarter. Ipg Investment Advisors Llc who had been investing in Pandora Media Inc Com for a number of months, seems to be bullish on the $1.34B market cap company. The stock increased 2.44% or $0.125 during the last trading session, reaching $5.255. About 4.01M shares traded. Pandora Media, Inc. (NYSE:P) has declined 55.28% since April 18, 2017 and is downtrending. It has underperformed by 66.83% the S&P500.

Louis Navellier increased its stake in Sterling Construction Co. Inc. (STRL) by 70.25% based on its latest 2017Q4 regulatory filing with the SEC. Navellier & Associates Inc bought 23,429 shares as the company’s stock declined 35.04% with the market. The hedge fund run by Louis Navellier held 56,778 shares of the military and government and technical company at the end of 2017Q4, valued at $924,000, up from 33,349 at the end of the previous reported quarter. Navellier & Associates Inc who had been investing in Sterling Construction Co. Inc. for a number of months, seems to be bullish on the $325.23 million market cap company. The stock decreased 1.64% or $0.2 during the last trading session, reaching $12.03. About 93,793 shares traded. Sterling Construction Company, Inc. (NASDAQ:STRL) has risen 15.25% since April 18, 2017 and is uptrending. It has outperformed by 3.70% the S&P500.

Ipg Investment Advisors Llc, which manages about $978.63M and $240.36B US Long portfolio, decreased its stake in Select Sector Spdr Tr Financial (XLF) by 45,600 shares to 21,123 shares, valued at $589.54 million in 2017Q4, according to the filing. It also reduced its holding in Nuveen Divid Advantage Mun Fd Com (NAD) by 3,036 shares in the quarter, leaving it with 15,967 shares, and cut its stake in Amazon Com Inc (NASDAQ:AMZN).

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.12, from 0.92 in 2017Q3. It improved, as 59 investors sold P shares while 46 reduced holdings. 44 funds opened positions while 65 raised stakes. 233.88 million shares or 17.29% less from 282.75 million shares in 2017Q3 were reported. Goldman Sachs owns 6.29M shares. Highline Cap Management Lp, New York-based fund reported 6.19 million shares. Moreover, Guggenheim Limited Co has 0% invested in Pandora Media, Inc. (NYSE:P). Act Ii Mngmt LP reported 1.73% of its portfolio in Pandora Media, Inc. (NYSE:P). Cambridge Rech Advisors accumulated 0% or 61,059 shares. Gruss Inc reported 0.13% in Pandora Media, Inc. (NYSE:P). Jpmorgan Chase & Company holds 0% or 3,104 shares in its portfolio. Moreover, Legal General Group Inc Pcl has 0% invested in Pandora Media, Inc. (NYSE:P). Kornitzer Cap Mngmt Incorporated Ks reported 928,775 shares. 460,236 are owned by Deutsche Bancorp Ag. State Of Alaska Department Of Revenue invested in 19,900 shares. 93,152 were accumulated by Parametric Port Associates Ltd Liability Com. Ariel Investments Ltd Limited Liability Company has 1.02 million shares for 0.06% of their portfolio. Jump Trading reported 19,764 shares. Waddell & Reed Financial has invested 0.11% of its portfolio in Pandora Media, Inc. (NYSE:P).

Since February 16, 2018, it had 0 buys, and 5 sales for $299,241 activity. On Friday, February 16 the insider Trimble John sold $64,322. Shares for $51,335 were sold by GERBITZ DAVID. The insider Phillips Christopher W sold $68,794. $57,757 worth of Pandora Media, Inc. (NYSE:P) was sold by Robinson Kristen on Friday, February 16.

Among 40 analysts covering Pandora Media (NYSE:P), 13 have Buy rating, 2 Sell and 25 Hold. Therefore 33% are positive. Pandora Media had 153 analyst reports since July 24, 2015 according to SRatingsIntel. As per Wednesday, September 14, the company rating was maintained by Mizuho. Cowen & Co maintained Pandora Media, Inc. (NYSE:P) on Friday, July 28 with “Hold” rating. The stock has “Buy” rating by Stifel Nicolaus on Monday, October 24. As per Tuesday, October 31, the company rating was maintained by Stifel Nicolaus. Macquarie Research maintained the shares of P in report on Monday, June 5 with “Hold” rating. Piper Jaffray maintained Pandora Media, Inc. (NYSE:P) on Tuesday, December 12 with “Buy” rating. The firm has “Buy” rating given on Friday, February 12 by Rosenblatt. On Friday, October 23 the stock rating was maintained by FBR Capital with “Underperform”. BMO Capital Markets maintained it with “Hold” rating and $11.0 target in Monday, September 11 report. The firm has “Buy” rating by Needham given on Wednesday, June 14.

Navellier & Associates Inc, which manages about $2.37B and $534.84M US Long portfolio, decreased its stake in Republic Services Inc. (NYSE:RSG) by 121,615 shares to 4,313 shares, valued at $292,000 in 2017Q4, according to the filing. It also reduced its holding in Maxim Integrated Products Inc. (NASDAQ:MXIM) by 6,181 shares in the quarter, leaving it with 34,162 shares, and cut its stake in Gravity Co. Ltd.

Among 5 analysts covering Sterling Construction (NASDAQ:STRL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Sterling Construction had 14 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Sterling Construction Company, Inc. (NASDAQ:STRL) has “Buy” rating given on Thursday, August 24 by Canaccord Genuity. As per Thursday, October 5, the company rating was maintained by KeyBanc Capital Markets. The stock of Sterling Construction Company, Inc. (NASDAQ:STRL) earned “Buy” rating by Canaccord Genuity on Thursday, January 11. The firm has “Buy” rating given on Tuesday, October 31 by Canaccord Genuity. The firm earned “Buy” rating on Monday, May 9 by DA Davidson. On Thursday, August 3 the stock rating was maintained by Canaccord Genuity with “Buy”. BWS Financial downgraded the stock to “Hold” rating in Tuesday, May 3 report. As per Wednesday, August 9, the company rating was maintained by Canaccord Genuity. The stock of Sterling Construction Company, Inc. (NASDAQ:STRL) earned “Sector Weight” rating by KeyBanc Capital Markets on Thursday, February 9.

By1 Michael Collier