Microchip Technology (MCHP) Shareholder Generation Investment Management Llp Trimmed Its Stake; As Cisco Systems (CSCO) Shares Rose, Holder Lathrop Investment Management Decreased Position

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Generation Investment Management Llp decreased its stake in Microchip Technology Inc (MCHP) by 20.64% based on its latest 2018Q4 regulatory filing with the SEC. Generation Investment Management Llp sold 99,237 shares as the company’s stock rose 16.71% with the market. The hedge fund held 381,505 shares of the semiconductors company at the end of 2018Q4, valued at $27.44M, down from 480,742 at the end of the previous reported quarter. Generation Investment Management Llp who had been investing in Microchip Technology Inc for a number of months, seems to be less bullish one the $22.60 billion market cap company. The stock increased 1.48% or $1.39 during the last trading session, reaching $95.36. About 2.09 million shares traded. Microchip Technology Incorporated (NASDAQ:MCHP) has declined 0.51% since April 13, 2018 and is downtrending. It has underperformed by 4.88% the S&P500. Some Historical MCHP News: 21/05/2018 – MICROCHIP TECHNOLOGY INC – EXPECTED THAT WITH SUCH NET PROCEEDS TO BE RELEASED TO FINANCE CONSUMMATION OF ACQUISITION OF MICROSEMI CORPORATION; 29/05/2018 – Microchip Tech Sees $300M Synergies in Third Year After Close; 07/05/2018 – MICROCHIP TECHNOLOGY ON REPORTS OF MOFCOM APPROVAL FOR MICROSEMI DEAL – “CANNOT CONFIRM TODAY’S REPORT IN THE PRESS THAT CHINA’S MOFCOM HAS CLEARED” DEAL; 29/05/2018 – MICROCHIP TECHNOLOGY – ENTERED INTO AMENDED AND RESTATED CREDIT AGREEMENT TO EXISTING AMENDED AND RESTATED CREDIT AGREEMENT, DATED AS OF MAY 18, 2018; 26/03/2018 – Improve Reliability and Performance in Harsh Environments with Microchip’s New Automotive MEMS Oscillators; 08/05/2018 – Microchip Tech 4Q Gross Margin 61.4%; 07/05/2018 – Microchip does not confirm reports on China approval of Microsemi bid; 21/05/2018 – Easily Implement Low-power Touch Pads with Surface Gestures Using Microchip’s New Software Library; 13/04/2018 – Microchip Tech: Antitrust Review Continues in Several Countries; 17/05/2018 – China Approves Toshiba Microchip Deal, Signaling Thaw With U.S

Lathrop Investment Management Corp decreased its stake in Cisco Systems (CSCO) by 9.8% based on its latest 2018Q4 regulatory filing with the SEC. Lathrop Investment Management Corp sold 33,665 shares as the company’s stock rose 8.18% with the market. The institutional investor held 309,937 shares of the technology company at the end of 2018Q4, valued at $13.43 million, down from 343,602 at the end of the previous reported quarter. Lathrop Investment Management Corp who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $247.79 billion market cap company. The stock increased 1.24% or $0.69 during the last trading session, reaching $56.29. About 14.33M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 16.80% since April 13, 2018 and is uptrending. It has outperformed by 12.43% the S&P500. Some Historical CSCO News: 28/03/2018 – Cisco Systems: Elliott, Martinez Will Serve as Executive Officers; 29/03/2018 – SiriusDecisions Recognizes Cisco, Huron Consulting Group, Illumina, Imprivata and Vocera as Winners of the 2018 Return on; 21/03/2018 – FBO:Veteran Aff: Veterans Affairs Contract Award – 99–TAC-18-49346 Cisco Switches and Transceiver Modules – 36C10B18Q2742; 01/05/2018 – Techmeme: Private equity firm Permira is buying Cisco’s video software business, known as the NDS Group, sources say for ~$1B;; 16/05/2018 – Cisco Systems 3Q Net $2.69B; 17/05/2018 – Tech Today: Debating Cisco, Dropbox Versus Google, Liking Teradata — Barron’s Blog; 16/05/2018 – Cisco Systems Sees 4Q Charges of Up to $50M Under Restructuring That Started in 3; 28/03/2018 – CAFC: ARISTA NETWORKS, INC. v. CISCO SYSTEMS, INC. [OPINION] – Appeal #17-1313 – 2018-03-28; 30/05/2018 – Cisco Announces June 2018 Events with the Financial Community; 06/03/2018 – CRN Exclusive: D&H Launches Cisco Meraki Channel Program To Help Partners Capture ‘Vast’ SMB Revenue Opportunity

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on May, 14. They expect $1.31 earnings per share, down 1.50% or $0.02 from last year’s $1.33 per share. MCHP’s profit will be $310.42 million for 18.20 P/E if the $1.31 EPS becomes a reality. After $1.51 actual earnings per share reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts -13.25% negative EPS growth.

Investors sentiment decreased to 0.74 in 2018 Q4. Its down 0.23, from 0.97 in 2018Q3. It turned negative, as 76 investors sold MCHP shares while 240 reduced holdings. 61 funds opened positions while 172 raised stakes. 264.08 million shares or 2.53% more from 257.56 million shares in 2018Q3 were reported. Pension Serv holds 0.11% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 301,189 shares. Cls Investments Limited Liability Corporation holds 0% or 242 shares in its portfolio. Iberiabank reported 5,925 shares. Hap Trading Limited holds 58,554 shares. Ledyard National Bank & Trust reported 429 shares stake. Kdi Ptnrs Ltd Liability has invested 2.41% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Foundry Prtnrs Limited Liability Corp, a Minnesota-based fund reported 3,953 shares. Mufg Americas Hldg has 28,393 shares for 0.06% of their portfolio. Epoch Investment Prns invested in 0.05% or 161,986 shares. Marshall Wace Llp holds 0.01% or 19,056 shares in its portfolio. Levin Cap Strategies LP reported 0.1% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Opus Inv Mgmt holds 0.97% or 62,400 shares in its portfolio. Assetmark invested in 0% or 7,067 shares. Moreover, Glob Endowment Limited Partnership has 0.11% invested in Microchip Technology Incorporated (NASDAQ:MCHP). Castleark Mgmt Lc has invested 0.67% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP).

Generation Investment Management Llp, which manages about $11.92 billion US Long portfolio, upped its stake in Deere & Co (NYSE:DE) by 508,985 shares to 4.73M shares, valued at $706.11M in 2018Q4, according to the filing. It also increased its holding in Schwab Charles Corp New (NYSE:SCHW) by 2.52M shares in the quarter, for a total of 14.09M shares, and has risen its stake in Dentsply Sirona Inc.

Since November 23, 2018, it had 0 insider purchases, and 6 selling transactions for $1.66 million activity. $424,246 worth of Microchip Technology Incorporated (NASDAQ:MCHP) was sold by CHAPMAN MATTHEW W on Friday, February 15. Shares for $134,464 were sold by Bjornholt James Eric. SIMONCIC RICHARD J had sold 3,171 shares worth $228,502 on Friday, November 23. Shares for $241,977 were sold by LITTLE MITCHELL R.

More notable recent Microchip Technology Incorporated (NASDAQ:MCHP) news were published by: Benzinga.com which released: “BofA Upgrades NXP (NASDAQ:NXPI), Downgrades Microchip (NASDAQ:MCHP): A Semiconductor Pair Trade – Benzinga” on September 17, 2018, also Seekingalpha.com with their article: “Microchip Technology Q3 2018 Earnings Preview – Seeking Alpha” published on February 04, 2019, Nasdaq.com published: “After-Hours Earnings Report for November 7, 2018 : QCOM, PRU, KDP, MFC, MNST, SQ, SLF, ET, CTRP, MCHP, MRO, IAC – Nasdaq” on November 07, 2018. More interesting news about Microchip Technology Incorporated (NASDAQ:MCHP) were released by: Fool.com and their article: “Why All Tech Investors Should Listen to Microchip Technology – The Motley Fool” published on November 21, 2018 as well as Nasdaq.com‘s news article titled: “Build Larger, More Robust Applications with Microchip’s Expanded Dual- and Single-core dsPIC® Digital Signal Controller (DSC) Family – Nasdaq” with publication date: March 13, 2019.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 15. They expect $0.68 earnings per share, up 13.33% or $0.08 from last year’s $0.6 per share. CSCO’s profit will be $2.99B for 20.69 P/E if the $0.68 EPS becomes a reality. After $0.67 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.49% EPS growth.

Since November 23, 2018, it had 0 insider purchases, and 6 insider sales for $7.80 million activity. The insider WEST STEVEN M sold 25,000 shares worth $1.20 million. 4,744 shares were sold by BURNS M MICHELE, worth $209,025. Tan Irving had sold 28,000 shares worth $1.36M on Monday, December 3. Shares for $1.52M were sold by BHATT PRAT. 70,000 shares were sold by Kramer Kelly A., worth $3.32 million on Thursday, November 29.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Better IoT Buy: Sierra Wireless vs. Cisco – Nasdaq” on March 14, 2019, also Seekingalpha.com with their article: “Crash Protection For Cisco – Seeking Alpha” published on April 03, 2019, Nasdaq.com published: “Why Is Cisco (CSCO) Up 9% Since Last Earnings Report? – Nasdaq” on March 15, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: American Express, JPMorgan Chase and Cisco Systems – Nasdaq” published on April 02, 2019 as well as Nasdaq.com‘s news article titled: “The Zacks Analyst Blog Highlights: Cisco, NIKE, United Parcel, General Mills and WellCare – Nasdaq” with publication date: March 26, 2019.

Microchip Technology Incorporated (NASDAQ:MCHP) Institutional Positions Chart