As Davita (DVA) Share Price Declined, Par Capital Management Boosted Its Holding; As Itron (ITRI) Stock Price Declined, Marcato Capital Management LP Trimmed by $8.08 Million Its Stake

Itron, Inc. (NASDAQ:ITRI) Logo

Marcato Capital Management Lp decreased its stake in Itron Inc (ITRI) by 22.4% based on its latest 2018Q4 regulatory filing with the SEC. Marcato Capital Management Lp sold 172,000 shares as the company’s stock declined 4.49% while stock markets rallied. The hedge fund held 596,000 shares of the capital goods company at the end of 2018Q4, valued at $28.19M, down from 768,000 at the end of the previous reported quarter. Marcato Capital Management Lp who had been investing in Itron Inc for a number of months, seems to be less bullish one the $1.95B market cap company. The stock decreased 2.46% or $1.24 during the last trading session, reaching $49.23. About 151,420 shares traded. Itron, Inc. (NASDAQ:ITRI) has declined 31.36% since March 15, 2018 and is downtrending. It has underperformed by 35.73% the S&P500. Some Historical ITRI News: 14/05/2018 – Itron 1Q Rev $607.2M; 22/03/2018 – Itron Expands Work in Jordan to Address Non-Revenue Water; 04/04/2018 – NorthWestern Energy Signs Contract with Itron to Modernize Energy Grid; 22/05/2018 – ltron to Provide Nationwide Smart Grid Solution for Jamaica; 22/03/2018 – ltron Expands Work in Jordan to Address Non-Revenue Water; 14/05/2018 – Itron 1Q Loss/Shr $3.74; 11/05/2018 – Itron Confirms First Quarter 2018 Results to be Released on May 14, 2018; 11/05/2018 – ITRON INC SAYS ANTICIPATED THAT THE QUARTERLY REPORT ON FORM 10-Q WILL BE FILED ON OR BEFORE MAY 15; 05/04/2018 – Itron to Modernize Water Infrastructure in Arkansas with Smart Meter Migration; 14/03/2018 – Romanian Utility Selects ltron’s Water Solution to Reduce Water Loss

Par Capital Management Inc increased its stake in Davita Inc (DVA) by 17.93% based on its latest 2018Q4 regulatory filing with the SEC. Par Capital Management Inc bought 325,000 shares as the company’s stock declined 15.50% while stock markets rallied. The hedge fund held 2.14M shares of the hospital and nursing management company at the end of 2018Q4, valued at $110.01 million, up from 1.81M at the end of the previous reported quarter. Par Capital Management Inc who had been investing in Davita Inc for a number of months, seems to be bullish on the $8.92B market cap company. The stock decreased 0.04% or $0.02 during the last trading session, reaching $53.58. About 1.65M shares traded. DaVita Inc. (NYSE:DVA) has declined 21.31% since March 15, 2018 and is downtrending. It has underperformed by 25.68% the S&P500. Some Historical DVA News: 11/05/2018 – BERKSHIRE HATHAWAY INC REPORTS 22.1 PCT STAKE IN DAVITA INC AS OF MAY 3, 2018 – SEC FILING; 04/05/2018 – DaVita Closes Above 200-Day Moving Average: Technicals; 26/04/2018 – Global Dialysis Market 2018 Forecast to 2022 – Key Players are Fresenius Medical Care, DaVita, Baxter and B. Braun – ResearchAndMarkets.com; 06/03/2018 DaVita Celebrates National Nutrition Month with Online Kidney Diet Re; 13/03/2018 – DaVita Inc.: Will Continue to Work ‘Diligently and Cooperatively’ with FTC on Revie; 20/03/2018 – Social Workers Play Vital Role in Patients’ Overall Health; 11/05/2018 – BERKSHIRE HATHAWAY INC PREVIOUSLY REPORTED 20.2 PCT STAKE IN DAVITA INC AS OF AUGUST 1, 2017; 13/03/2018 – Correct: DaVita Inc. Receives FTC, Not SEC, Request for Additional Information Regarding Asset Sale to UnitedHealth; 13/03/2018 – DaVita Inc. Receives SEC Request for Additional Information Regarding Asset Sale to UnitedHealth; 16/05/2018 – DaVita Teammates Volunteer with Bridge of Life and the Syrian American Medical Society to Support Health Care Needs of Syrian Refugees in Jordan

Marcato Capital Management Lp, which manages about $3.47 billion and $454.27M US Long portfolio, upped its stake in Rayonier Advanced Matls Inc (NYSE:RYAM) by 68,500 shares to 2.35 million shares, valued at $25.01M in 2018Q4, according to the filing.

Investors sentiment decreased to 0.87 in Q4 2018. Its down 0.32, from 1.19 in 2018Q3. It dropped, as 24 investors sold ITRI shares while 69 reduced holdings. 24 funds opened positions while 57 raised stakes. 35.68 million shares or 1.88% more from 35.02 million shares in 2018Q3 were reported. Vanguard Group owns 3.48 million shares. Virtu Financial Limited Company holds 6,661 shares. Invesco Ltd reported 0.01% stake. Ftb Advisors Incorporated reported 55 shares. Aperio Grp Limited Liability Company stated it has 0.01% in Itron, Inc. (NASDAQ:ITRI). Us Financial Bank De has invested 0% of its portfolio in Itron, Inc. (NASDAQ:ITRI). Bancshares Of America De invested 0% in Itron, Inc. (NASDAQ:ITRI). 74,052 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Moreover, Art Ltd Llc has 0.05% invested in Itron, Inc. (NASDAQ:ITRI). Texas Permanent School Fund invested in 0.02% or 21,924 shares. Federated Investors Pa accumulated 106 shares or 0% of the stock. First Tru Advisors LP holds 426,443 shares. Geode Cap Management Lc, a Massachusetts-based fund reported 390,825 shares. Tiaa Cref Inv Mngmt Ltd Liability reported 111,870 shares. Trillium Asset Management Ltd Co holds 0.15% of its portfolio in Itron, Inc. (NASDAQ:ITRI) for 53,410 shares.

Analysts await Itron, Inc. (NASDAQ:ITRI) to report earnings on May, 13. They expect $0.52 earnings per share, up 300.00% or $0.39 from last year’s $0.13 per share. ITRI’s profit will be $20.55M for 23.67 P/E if the $0.52 EPS becomes a reality. After $0.88 actual earnings per share reported by Itron, Inc. for the previous quarter, Wall Street now forecasts -40.91% negative EPS growth.

More notable recent Itron, Inc. (NASDAQ:ITRI) news were published by: Nasdaq.com which released: “ITRI Makes Bullish Cross Above Critical Moving Average – Nasdaq” on February 06, 2019, also Streetinsider.com with their article: “Marcato Capital Enters IMAX (IMAX), Raises Rayonier Advanced Materials (RYAM) (more…) – 13F – StreetInsider.com” published on February 14, 2019, Businesswire.com published: “CORRECTING and REPLACING Itron Announces Fourth Quarter and Full Year 2018 Financial Results and 2019 Guidance – Business Wire” on February 27, 2019. More interesting news about Itron, Inc. (NASDAQ:ITRI) were released by: Seekingalpha.com and their article: “Itron reports mixed Q3, lowers FY guide on supply chain headwinds – Seeking Alpha” published on November 05, 2018 as well as Benzinga.com‘s news article titled: “75 Biggest Movers From Yesterday – Benzinga” with publication date: March 01, 2019.

Since October 5, 2018, it had 1 buying transaction, and 6 sales for $10.07 million activity. $1.06M worth of stock was bought by Pruitt Gary E on Wednesday, November 14. Ziegler Lynda L. sold $20,983 worth of Itron, Inc. (NASDAQ:ITRI) on Friday, October 5.

More notable recent DaVita Inc. (NYSE:DVA) news were published by: Gurufocus.com which released: “2 Warren Buffett Stocks Trading Near 52-Week Lows – GuruFocus.com” on March 08, 2019, also Benzinga.com with their article: “30 Stocks Moving In Monday’s Pre-Market Session – Benzinga” published on March 04, 2019, Seekingalpha.com published: “DaVita HealthCare Partners Inc. (DVA) CEO Kent Thiry on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 14, 2019. More interesting news about DaVita Inc. (NYSE:DVA) were released by: Streetinsider.com and their article: “Pre-Open Stock Movers 03/04: (NITE) (ASND) (AVXL) Higher; (PLCE) (SE) (DVA) Lower (more…) – StreetInsider.com” published on March 04, 2019 as well as Seekingalpha.com‘s news article titled: “DaVita’s Moat And Pricing With Michael Knipp (Podcast) – Seeking Alpha” with publication date: February 26, 2019.

Itron, Inc. (NASDAQ:ITRI) Institutional Positions Chart

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