Neumeier Poma Investment Counsel Has Lowered Its Holding in Neenah (NP) as Stock Rose; Icon Advisers Has Boosted Micron Technology (MU) Stake by $967,200

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Icon Advisers Inc increased its stake in Micron Technology Inc. (MU) by 15.25% based on its latest 2018Q2 regulatory filing with the SEC. Icon Advisers Inc bought 18,600 shares as the company’s stock declined 30.49% while stock markets rallied. The institutional investor held 140,540 shares of the technology company at the end of 2018Q2, valued at $7.37 million, up from 121,940 at the end of the previous reported quarter. Icon Advisers Inc who had been investing in Micron Technology Inc. for a number of months, seems to be bullish on the $40.05 billion market cap company. The stock decreased 6.26% or $2.36 during the last trading session, reaching $35.31. About 30.56M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 21.73% since December 8, 2017 and is uptrending. It has outperformed by 6.11% the S&P500.

Neumeier Poma Investment Counsel Llc decreased its stake in Neenah Inc. (NP) by 19.58% based on its latest 2018Q2 regulatory filing with the SEC. Neumeier Poma Investment Counsel Llc sold 69,800 shares as the company’s stock rose 13.74% with the market. The institutional investor held 286,650 shares of the basic industries company at the end of 2018Q2, valued at $24.32M, down from 356,450 at the end of the previous reported quarter. Neumeier Poma Investment Counsel Llc who had been investing in Neenah Inc. for a number of months, seems to be less bullish one the $1.07 billion market cap company. The stock decreased 1.93% or $1.25 during the last trading session, reaching $63.47. About 61,601 shares traded. Neenah, Inc. (NYSE:NP) has risen 18.47% since December 8, 2017 and is uptrending. It has outperformed by 2.85% the S&P500. Some Historical NP News: 12/03/2018 – Rep. Glenn Groth: Grothman to Host Job Fair in Neenah on March 23, 2018; 01/05/2018 – Neenah Declares Quarterly Dividend and Announces Annual Shareholders Meeting on May 23, 2018; 09/05/2018 – Neenah 1Q Adj EPS $1.04; 20/04/2018 – DJ Neenah Inc, Inst Holders, 1Q 2018 (NP); 07/03/2018 Norges Bank Buys New 1.5% Position in Neenah; 09/05/2018 – NEENAH 1Q EPS 95C, EST. $1.04; 09/05/2018 – NEENAH SAYS 2Q NON-CASH IMPAIRMENT CHARGE MAY BE $30M-$40M; 21/05/2018 – S&PGR Affirms Neenah Inc. ‘BB’ CCR And ILR; Outlook Positive; 16/04/2018 – Royce Special Equity Exits Neenah, Cuts CSS Industries; 28/03/2018 – Neenah at Sidoti & Company Spring Investor Conference Tomorrow

Among 45 analysts covering Micron Technology Inc. (NASDAQ:MU), 32 have Buy rating, 1 Sell and 12 Hold. Therefore 71% are positive. Micron Technology Inc. had 278 analyst reports since July 29, 2015 according to SRatingsIntel. Needham upgraded Micron Technology, Inc. (NASDAQ:MU) on Thursday, December 22 to “Buy” rating. As per Wednesday, October 21, the company rating was downgraded by Bank of America. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, July 27. The stock of Micron Technology, Inc. (NASDAQ:MU) earned “Buy” rating by UBS on Friday, September 9. The firm has “Overweight” rating by Barclays Capital given on Monday, October 3. The rating was upgraded by Drexel Hamilton to “Buy” on Wednesday, July 29. The rating was maintained by Cowen & Co with “Buy” on Monday, December 4. On Monday, September 11 the stock rating was initiated by FBN Securities with “Buy”. The firm earned “Buy” rating on Friday, October 2 by Jefferies. Deutsche Bank maintained the shares of MU in report on Wednesday, October 5 with “Buy” rating.

Icon Advisers Inc, which manages about $2.21B and $1.32 billion US Long portfolio, decreased its stake in Eaton Vance High Income 2021 C by 180,986 shares to 187,706 shares, valued at $1.82 million in 2018Q2, according to the filing. It also reduced its holding in Canadian Pacific Railway Ltd. (NYSE:CP) by 8,882 shares in the quarter, leaving it with 47,818 shares, and cut its stake in Eagle Materials Inc. (NYSE:EXP).

Since July 2, 2018, it had 0 insider buys, and 2 insider sales for $7.60 million activity. Another trade for 40,000 shares valued at $2.20M was sold by Thorsen Steven L. JR.

Investors sentiment increased to 1.4 in 2018 Q2. Its up 0.27, from 1.13 in 2018Q1. It increased, as 59 investors sold MU shares while 236 reduced holdings. 111 funds opened positions while 302 raised stakes. 792.40 million shares or 6.41% less from 846.69 million shares in 2018Q1 were reported. Synovus Financial stated it has 109,592 shares or 0.1% of all its holdings. Davenport And Lc holds 0.01% or 16,323 shares in its portfolio. Emerald Advisers Inc Pa has invested 0.03% in Micron Technology, Inc. (NASDAQ:MU). Moreover, Twin Cap has 0.28% invested in Micron Technology, Inc. (NASDAQ:MU) for 107,890 shares. The New Jersey-based Systematic Lp has invested 0.12% in Micron Technology, Inc. (NASDAQ:MU). Asset Mgmt One Communications Ltd stated it has 1.90M shares or 0.22% of all its holdings. Alps Inc has invested 0.01% in Micron Technology, Inc. (NASDAQ:MU). Primecap Ca owns 58.17M shares or 2.26% of their US portfolio. Nuveen Asset Lc holds 0.02% or 45,490 shares. The Ontario – Canada-based Canada Pension Plan Invest Board has invested 0.05% in Micron Technology, Inc. (NASDAQ:MU). Piper Jaffray holds 0% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 16 shares. Northwestern Mutual Wealth has 0.03% invested in Micron Technology, Inc. (NASDAQ:MU) for 93,438 shares. Cibc World Corporation holds 0.25% or 543,727 shares in its portfolio. D E Shaw & has 0.12% invested in Micron Technology, Inc. (NASDAQ:MU). Mitsubishi Ufj Trust And Banking has invested 0.22% in Micron Technology, Inc. (NASDAQ:MU).

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Schaeffersresearch.com which released: “MU Stock Dips Despite CEO Optimism – Schaeffers Research” on November 29, 2018, also Nasdaq.com with their article: “Noteworthy Wednesday Option Activity: CF, GOOGL, MU – Nasdaq” published on November 14, 2018, Seekingalpha.com published: “Micron: Ignore The Noise, And Keep Dreaming – Seeking Alpha” on December 03, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Micron: How Much Will The Buyback Affect Earnings? – Seeking Alpha” published on November 28, 2018 as well as Streetinsider.com‘s news article titled: “Micron Technology (MU): Mercedes Johnson and Lawrence Mondry to Resign from Board – StreetInsider.com” with publication date: December 06, 2018.

Analysts await Neenah, Inc. (NYSE:NP) to report earnings on February, 13. They expect $0.62 earnings per share, down 41.51% or $0.44 from last year’s $1.06 per share. NP’s profit will be $10.46 million for 25.59 P/E if the $0.62 EPS becomes a reality. After $0.76 actual earnings per share reported by Neenah, Inc. for the previous quarter, Wall Street now forecasts -18.42% negative EPS growth.

Neumeier Poma Investment Counsel Llc, which manages about $475.08M and $1.07B US Long portfolio, upped its stake in Providence Service Corp. (NASDAQ:PRSC) by 50,915 shares to 427,125 shares, valued at $33.55M in 2018Q2, according to the filing. It also increased its holding in Exlservice Holdings Inc. (NASDAQ:EXLS) by 12,800 shares in the quarter, for a total of 523,950 shares, and has risen its stake in Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI).

Since June 15, 2018, it had 0 buys, and 6 selling transactions for $1.16 million activity. Shares for $140,398 were sold by Schwinn Armin. 268 shares were sold by Brownlee Larry Newton, worth $22,499. 2,000 Neenah, Inc. (NYSE:NP) shares with value of $178,000 were sold by Erwin Sean T.

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

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