As Orbotech LTD (ORBK) Stock Price Rose, Neumeier Poma Investment Counsel Trimmed Its Holding; Ss&C Technologies Hldgs (SSNC) Shareholder Cantillon Capital Management Has Upped Its Position by $63.21 Million

August 10, 2018 - By Ricky Cave

Orbotech Ltd. (NASDAQ:ORBK) Logo

Neumeier Poma Investment Counsel Llc decreased its stake in Orbotech Ltd. (ORBK) by 3.42% based on its latest 2018Q1 regulatory filing with the SEC. Neumeier Poma Investment Counsel Llc sold 29,010 shares as the company’s stock rose 17.09% while stock markets declined. The institutional investor held 819,015 shares of the industrial machinery and components company at the end of 2018Q1, valued at $50.93 million, down from 848,025 at the end of the previous reported quarter. Neumeier Poma Investment Counsel Llc who had been investing in Orbotech Ltd. for a number of months, seems to be less bullish one the $3.11B market cap company. The stock decreased 0.97% or $0.63 during the last trading session, reaching $64.07. About 124,713 shares traded. Orbotech Ltd. (NASDAQ:ORBK) has risen 82.83% since August 10, 2017 and is uptrending. It has outperformed by 70.26% the S&P500. Some Historical ORBK News: 19/03/2018 – ORBOTECH LTD – KLA-TENCOR’S $2 BLN SHARE REPURCHASE PROGRAM IS TARGETED TO BE COMPLETED WITHIN 12 TO 18 MONTHS FOLLOWING CLOSE OF TRANSACTION; 19/03/2018 – KLA-TENCOR ANNOUNCES AGREEMENT TO ACQUIRE ORBOTECH LTD; 08/05/2018 – Orbotech 1Q EPS 61c; 19/03/2018 – Moody’s Affirms Kla-Tencor’s Baa2 Rating Following Credit Positive Acquisition Of Orbotech Ltd; 19/03/2018 – S&PGRBulletin: KLA-Tencor Rtgs Same On Purchase Of Orbotech; 19/03/2018 – Chip gear maker KLA-Tencor to buy Orbotech for $3.4 billion; 19/03/2018 – RPT-ORBOTECH LTD – DEAL FOR ENTERPRISE VALUE OF $3.2 BLN; 19/03/2018 – Chip gear maker KLA-Tencor to buy Orbotech for $3.4 bln; 19/03/2018 – RPT-Chip gear maker KLA-Tencor to buy Orbotech for $3.4 bln; 19/03/2018 – ORBOTECH LTD – SHARE REPURCHASE PROGRAM IS TARGETED TO BE COMPLETED WITHIN 12 TO 18 MONTHS FOLLOWING CLOSE OF TRANSACTION

Cantillon Capital Management Llc increased its stake in Ss&C Technologies Hldgs Inc (SSNC) by 72.65% based on its latest 2018Q1 regulatory filing with the SEC. Cantillon Capital Management Llc bought 1.19M shares as the company’s stock declined 0.12% with the market. The hedge fund held 2.83 million shares of the technology company at the end of 2018Q1, valued at $152.04 million, up from 1.64M at the end of the previous reported quarter. Cantillon Capital Management Llc who had been investing in Ss&C Technologies Hldgs Inc for a number of months, seems to be bullish on the $13.22 billion market cap company. The stock increased 0.80% or $0.44 during the last trading session, reaching $55.53. About 547,343 shares traded. SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has risen 33.16% since August 10, 2017 and is uptrending. It has outperformed by 20.59% the S&P500. Some Historical SSNC News: 20/04/2018 – Ireland’s lon Investment approaches UK’s Fidessa for potential deal; 13/04/2018 – DST Systems in Separation Agreement With CFO Gregg Wm. Givens in Connection With Sale of Co. to SS&C; 24/04/2018 – SS&C Technologies Rules out Offer for Fidessa; 06/04/2018 – SS&C Technologies Confirms Talks With Fidessa; 06/04/2018 – SS&C Technologies Says No Terms of Any Offer Have Been Discussed; 07/05/2018 – SS&C Launches Investor Experience: Enhanced Client Portal on the Black Diamond Platform; 23/04/2018 – Douglas Lane Adds SS&C, Exits Alcoa, Cuts HollyFrontier: 13F; 01/05/2018 – SS&C Technologies 1Q EPS 24c; 23/04/2018 – TAKEOVER PANEL SAYS SS&C MUST ANNOUNCE INTENTION BY MAY4; 24/04/2018 – SS&C Technologies Doesn’t Plan Offer Fidessa

Investors sentiment decreased to 1.11 in 2018 Q1. Its down 0.56, from 1.67 in 2017Q4. It turned negative, as 27 investors sold SSNC shares while 105 reduced holdings. 67 funds opened positions while 80 raised stakes. 165.20 million shares or 2.81% less from 169.98 million shares in 2017Q4 were reported. Daiwa Secs Grp Inc owns 0% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) for 6,134 shares. Geode Capital Mngmt Ltd Co has invested 0.03% of its portfolio in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Schaper Benz & Wise Inv Counsel Wi owns 161,661 shares for 1.28% of their portfolio. Kj Harrison & Prns Inc reported 1.49% of its portfolio in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Northern Tru Corp stated it has 1.03M shares or 0.01% of all its holdings. Huntington Retail Bank reported 335 shares stake. 440 are owned by Reilly Financial Advisors Ltd Liability. Moreover, Great West Life Assurance Can has 0.01% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Permanens Capital Limited Partnership holds 4,000 shares. Swiss Bancorp holds 558,400 shares or 0.04% of its portfolio. Gulf National Bank & Trust (Uk) Limited reported 53,530 shares. First Mercantile Tru Communication owns 12,006 shares. Proshare Advsrs Limited reported 0% in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Moreover, Balyasny Asset Mgmt Limited Liability Corp has 0% invested in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC). Genesee Valley Tru reported 0.17% stake.

More important recent SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) news were published by: Fool.com which released: “SS&C Technologies Climbs to New Highs on a Solid Quarter, Another Big Acquisition” on August 04, 2018, also Streetinsider.com published article titled: “SS&C Technologies (SSNC) Tops Q2 EPS by 7c, Revenues Beat; Offers FY18 Revenue Outlook”, Streetinsider.com published: “SS&C Technologies (SSNC) for EZE Software Rumors Appear Legit – DA Davidson” on July 20, 2018. More interesting news about SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) was released by: Streetinsider.com and their article: “SS&C Technologies (SSNC) to Acquire Eze Software for $1.45B” with publication date: July 31, 2018.

Among 16 analysts covering SS&C Techs (NASDAQ:SSNC), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. SS&C Techs had 41 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Thursday, May 31 with “Buy”. The stock of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has “Equal-Weight” rating given on Monday, March 28 by Morgan Stanley. J.P. Morgan downgraded the stock to “Hold” rating in Tuesday, December 12 report. The company was maintained on Friday, July 7 by Jefferies. Jefferies maintained it with “Buy” rating and $4700 target in Thursday, July 27 report. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, January 4 report. The company was maintained on Wednesday, July 5 by RBC Capital Markets. On Tuesday, June 12 the stock rating was initiated by Citigroup with “Buy”. The stock of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) earned “Buy” rating by UBS on Tuesday, January 16. The rating was upgraded by Sandler O’Neill on Monday, July 27 to “Buy”.

Cantillon Capital Management Llc, which manages about $12.49 billion and $8.80B US Long portfolio, decreased its stake in Bitauto Hldgs Ltd (NYSE:BITA) by 684,149 shares to 3.55M shares, valued at $75.08M in 2018Q1, according to the filing. It also reduced its holding in Credit Accep Corp Mich (NASDAQ:CACC) by 6,681 shares in the quarter, leaving it with 334,823 shares, and cut its stake in Willis Towers Watson Pub Ltd.

Analysts await Orbotech Ltd. (NASDAQ:ORBK) to report earnings on November, 7. They expect $0.90 EPS, up 4.65% or $0.04 from last year’s $0.86 per share. ORBK’s profit will be $43.71 million for 17.80 P/E if the $0.90 EPS becomes a reality. After $0.87 actual EPS reported by Orbotech Ltd. for the previous quarter, Wall Street now forecasts 3.45% EPS growth.

Among 10 analysts covering Orbotech (NASDAQ:ORBK), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Orbotech had 27 analyst reports since September 8, 2015 according to SRatingsIntel. Lake Street maintained Orbotech Ltd. (NASDAQ:ORBK) on Monday, January 22 with “Buy” rating. The firm has “Overweight” rating given on Thursday, November 2 by Barclays Capital. The firm has “Buy” rating given on Monday, September 11 by Jefferies. The rating was downgraded by Lake Street on Tuesday, March 20 to “Hold”. The rating was maintained by Needham on Tuesday, November 7 with “Buy”. Stifel Nicolaus downgraded it to “Hold” rating and $69.0 target in Monday, March 19 report. The stock of Orbotech Ltd. (NASDAQ:ORBK) has “Buy” rating given on Wednesday, November 1 by Oppenheimer. The firm has “Buy” rating given on Thursday, October 19 by Jefferies. The firm earned “Outperform” rating on Wednesday, December 2 by Oppenheimer. The rating was downgraded by Needham to “Hold” on Monday, March 19.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Institutional Positions Chart

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