Parsley Energy (PE) Holder Mitchell Group Cut Its Stake by $1.03 Million as Market Value Declined; Analog Devices (ADI) Share Value Declined While Woodstock Has Lifted Its Holding

Analog Devices, Inc. (NASDAQ:ADI) Logo

Mitchell Group Inc decreased its stake in Parsley Energy Inc (PE) by 4.2% based on its latest 2018Q3 regulatory filing with the SEC. Mitchell Group Inc sold 35,360 shares as the company’s stock declined 31.70% with the market. The institutional investor held 807,520 shares of the energy company at the end of 2018Q3, valued at $23.62 million, down from 842,880 at the end of the previous reported quarter. Mitchell Group Inc who had been investing in Parsley Energy Inc for a number of months, seems to be less bullish one the $5.77B market cap company. The stock increased 1.84% or $0.33 during the last trading session, reaching $18.22. About 2.64M shares traded. Parsley Energy, Inc. (NYSE:PE) has declined 29.82% since February 13, 2018 and is downtrending. It has underperformed by 29.82% the S&P500. Some Historical PE News: 15/05/2018 – Wexford Adds SM Energy, Exits Parsley Energy: 13F; 03/05/2018 – Parsley Energy 1Q Rev $392.7M; 04/05/2018 – PARSLEY CEO: SPIN-OFF OF MINERAL UNIT `SOMETHING TO LOOK INTO’; 03/05/2018 – PARSLEY ENERGY INC PE.N -QTRLY TOTAL NET PRODUCTION AVERAGED 93.4 MBOE PER DAY VS 54.78 MBOE PER DAY; 03/05/2018 – PARSLEY ENERGY 1Q REV. $392.7M, EST. $345.2M; 03/05/2018 – Parsley Energy 1Q Adj EPS 31c; 21/05/2018 – PARSLEY ENERGY INC PE.N : SIMMONS RAISES TARGET PRICE TO $46 FROM $39; 04/05/2018 – PARSLEY SEEING SOME COST INFLATION DUE TO LABOR TIGHTNESS: CFO; 27/03/2018 – PARSLEY ENERGY INC PE.N CEO SAYS NOT SEEING MAJOR OILFIELD SERVICE COST INCREASES THUS FAR IN 2018; 20/04/2018 – DJ Parsley Energy Inc Class A, Inst Holders, 1Q 2018 (PE)

Woodstock Corp increased its stake in Analog Devices Inc (ADI) by 34.47% based on its latest 2018Q3 regulatory filing with the SEC. Woodstock Corp bought 4,492 shares as the company’s stock declined 6.46% with the market. The institutional investor held 17,524 shares of the technology company at the end of 2018Q3, valued at $1.62 million, up from 13,032 at the end of the previous reported quarter. Woodstock Corp who had been investing in Analog Devices Inc for a number of months, seems to be bullish on the $38.47 billion market cap company. The stock increased 0.12% or $0.12 during the last trading session, reaching $104.18. About 1.88 million shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 2.75% since February 13, 2018 and is uptrending. It has outperformed by 2.75% the S&P500. Some Historical ADI News: 17/04/2018 – Investor Expectations to Drive Momentum within Bank of America, Abbott Laboratories, Analog Devices, Mohawk Industries, Maxwell; 08/05/2018 – DTS Virtual:X Immersive Audio Technology Now Available Across Popular Analog Devices Product Series; 04/04/2018 – Analog Devices Non-Deal Roadshow Set By SunTrust for Apr. 11; 09/03/2018 – ANALOG DEVICES INC – TO USE NET PROCEEDS OF OFFERING TO REPAY A PORTION OF AMOUNT OUTSTANDING UNDER ITS FIVE-YEAR TERM LOAN; 24/04/2018 – ANALOG DEVICES, XILINX GAIN AFTER TEXAS INSTRUMENTS’ REV. BEAT; 08/03/2018 – ARGONAS CORPORATE FINANCE ADVISES SIEMENS AND OTHER SHAREHOLDERS ON THE SALE OF SYMEO GMBH, A COMPANY SPECIALIZED IN INNOVATIVE RADAR TECHNOLOGY FOR INDUSTRIAL & AUTOMOTIVE MARKETS, TO ANALOG; 08/03/2018 – ANALOG DEVICES OUTLOOK POSITIVE FROM STABLE BY MOODY’S; 07/05/2018 – Analog Devices Names Four Fellows for Outstanding Technical Achievement and Leadership; 08/03/2018 – S&GR Assigns Analog Devices Sr Unscured Notes ‘BBB’ Issue Rtg; 08/03/2018 Analog Devices Adds Innovative RADAR Technology For Industrial And Automotive Markets With Acquisition Of Symeo GmbH

Among 43 analysts covering Parsley Energy Inc (NYSE:PE), 37 have Buy rating, 0 Sell and 6 Hold. Therefore 86% are positive. Parsley Energy Inc had 165 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Parsley Energy, Inc. (NYSE:PE) has “Overweight” rating given on Tuesday, January 29 by Stephens. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Buy” rating by Bank of America on Thursday, March 8. The firm earned “Focus Stock” rating on Monday, November 30 by Howard Weil. Capital One initiated the shares of PE in report on Thursday, October 29 with “Overweight” rating. The rating was initiated by Stifel Nicolaus with “Buy” on Thursday, December 10. The stock has “Buy” rating by FBR Capital on Thursday, June 1. The firm earned “Buy” rating on Tuesday, January 30 by Bank of America. Stifel Nicolaus maintained it with “Buy” rating and $58 target in Wednesday, August 8 report. The firm earned “Equal-Weight” rating on Friday, April 20 by Morgan Stanley. The company was maintained on Wednesday, March 28 by Stifel Nicolaus.

Investors sentiment increased to 1.32 in 2018 Q3. Its up 0.04, from 1.28 in 2018Q2. It increased, as 31 investors sold PE shares while 101 reduced holdings. 61 funds opened positions while 113 raised stakes. 248.99 million shares or 1.73% less from 253.36 million shares in 2018Q2 were reported. Blair William & Com Il stated it has 0% in Parsley Energy, Inc. (NYSE:PE). Sumitomo Mitsui Tru Holdings holds 735,477 shares or 0.02% of its portfolio. Sg Americas Secs Ltd Liability Corp owns 123,976 shares for 0.03% of their portfolio. Boston Prtnrs accumulated 8.72M shares or 0.3% of the stock. Wellington Gp Ltd Liability Partnership reported 0.01% stake. Shaker Investments Llc Oh reported 38,750 shares. Cubist Systematic Strategies reported 48,258 shares. Blackrock accumulated 13.26M shares. Rhumbline Advisers stated it has 258,296 shares or 0.01% of all its holdings. Amalgamated Commercial Bank invested in 37,937 shares or 0.03% of the stock. Moreover, Dimensional Fund Advisors Lp has 0.02% invested in Parsley Energy, Inc. (NYSE:PE). Avalon Advsr Ltd Liability Corp owns 177,035 shares for 0.15% of their portfolio. Services Automobile Association stated it has 0.06% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Barclays Public Ltd Company reported 0.01% in Parsley Energy, Inc. (NYSE:PE). Btg Pactual Glob Asset Management has invested 5.33% of its portfolio in Parsley Energy, Inc. (NYSE:PE).

Since August 24, 2018, it had 6 buys, and 2 selling transactions for $70.46 million activity. ALAMEDDINE A R had bought 1,000 shares worth $20,000 on Friday, November 30. The insider Desai Hemang bought 1,000 shares worth $27,320. Sheffield Bryan sold $70.38M worth of Parsley Energy, Inc. (NYSE:PE) on Tuesday, August 28. $383,180 worth of Parsley Energy, Inc. (NYSE:PE) was sold by Hinson Mike. Windlinger Jerry bought $63,668 worth of Parsley Energy, Inc. (NYSE:PE) on Tuesday, December 4.

More recent Parsley Energy, Inc. (NYSE:PE) news were published by: Seekingalpha.com which released: “Morgan Stanley PE team invests in Clarity Software – Seeking Alpha” on January 25, 2019. Also Seekingalpha.com published the news titled: “Huntsman: A Reasonable Choice – Seeking Alpha” on February 12, 2019. Pehub.com‘s news article titled: “M Science hires global head of sales – PE Hub” with publication date: February 13, 2019 was also an interesting one.

Analysts await Parsley Energy, Inc. (NYSE:PE) to report earnings on February, 20. They expect $0.42 earnings per share, up 40.00% or $0.12 from last year’s $0.3 per share. PE’s profit will be $133.05M for 10.85 P/E if the $0.42 EPS becomes a reality. After $0.45 actual earnings per share reported by Parsley Energy, Inc. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Investors sentiment decreased to 0.98 in Q3 2018. Its down 0.16, from 1.14 in 2018Q2. It dived, as 45 investors sold ADI shares while 249 reduced holdings. 66 funds opened positions while 223 raised stakes. 322.04 million shares or 0.42% more from 320.70 million shares in 2018Q2 were reported. King Luther Capital Management owns 3,845 shares for 0% of their portfolio. Royal State Bank Of Canada has 429,589 shares for 0.02% of their portfolio. Riverbridge Prns Limited Liability invested 0.48% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Bokf Na stated it has 0.04% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Utd Fire Gp, a Iowa-based fund reported 928 shares. Bell Comml Bank reported 6,373 shares. Renaissance Technology Limited Liability reported 46,196 shares. Cornercap Counsel Inc holds 8,540 shares. Supplemental Annuity Collective Trust Of Nj has 0.11% invested in Analog Devices, Inc. (NASDAQ:ADI) for 3,000 shares. Viking Invsts LP invested 0.57% in Analog Devices, Inc. (NASDAQ:ADI). Paloma Prtnrs Mngmt reported 0.01% in Analog Devices, Inc. (NASDAQ:ADI). United Kingdom-based Marathon Asset Llp has invested 1.02% in Analog Devices, Inc. (NASDAQ:ADI). Moreover, Jpmorgan Chase And has 0.38% invested in Analog Devices, Inc. (NASDAQ:ADI) for 21.67 million shares. Washington Tru holds 0.58% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 117,140 shares. Cap Planning Limited Co holds 30,476 shares.

Woodstock Corp, which manages about $699.55 million and $591.67 million US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 10,672 shares to 210,005 shares, valued at $10.83 million in 2018Q3, according to the filing. It also reduced its holding in Idexx Laboratories Inc (NASDAQ:IDXX) by 1,505 shares in the quarter, leaving it with 46,478 shares, and cut its stake in Ligand Pharmaceuticals Inc (NASDAQ:LGND).

Among 34 analysts covering Analog Devices (NASDAQ:ADI), 19 have Buy rating, 1 Sell and 14 Hold. Therefore 56% are positive. Analog Devices had 158 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by PiperJaffray on Thursday, May 31 with “Overweight”. As per Thursday, August 23, the company rating was maintained by FBR Capital. The firm has “Buy” rating given on Thursday, April 12 by SunTrust. On Wednesday, July 22 the stock rating was downgraded by Drexel Hamilton to “Hold”. The rating was maintained by Drexel Hamilton on Wednesday, August 30 with “Buy”. The rating was maintained by Drexel Hamilton on Tuesday, June 20 with “Buy”. The firm earned “Outperform” rating on Tuesday, April 19 by Raymond James. BMO Capital Markets maintained it with “Market Perform” rating and $63 target in Wednesday, August 19 report. Nomura reinitiated it with “Neutral” rating and $100 target in Thursday, July 19 report. The firm has “Neutral” rating by Nomura given on Friday, January 15.

Since August 27, 2018, it had 0 buys, and 16 selling transactions for $11.83 million activity. On Wednesday, November 21 the insider Mahendra-Rajah Prashanth sold $243,886. The insider Real Peter sold $1.84 million. STATA RAY had sold 20,000 shares worth $2.01 million. On Thursday, November 8 SEIF MARGARET K sold $243,000 worth of Analog Devices, Inc. (NASDAQ:ADI) or 2,700 shares. $1.20M worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by Hassett Joseph on Monday, August 27. Henderson Gregory N. also sold $420,402 worth of Analog Devices, Inc. (NASDAQ:ADI) on Wednesday, January 2.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart