MU Stock: As Micron Technology Valuation Rose, Shareholder National Planning Has Upped Its Position

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National Planning Corp increased its stake in Micron Technology Inc (MU) by 57.86% based on its latest 2017Q3 regulatory filing with the SEC. National Planning Corp bought 8,445 shares as the company’s stock rose 19.14% with the market. The institutional investor held 23,040 shares of the technology company at the end of 2017Q3, valued at $906,000, up from 14,595 at the end of the previous reported quarter. National Planning Corp who had been investing in Micron Technology Inc for a number of months, seems to be bullish on the $50.50 billion market cap company. The stock decreased 4.13% or $1.8816 during the last trading session, reaching $43.6684. About 30.61 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since January 9, 2017 and is uptrending. It has outperformed by 159.57% the S&P500.

National Planning Corp increased its stake in Verizon Communications Inc (VZ) by 9.77% based on its latest 2017Q3 regulatory filing with the SEC. National Planning Corp bought 8,624 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 96,902 shares of the telecommunications equipment company at the end of 2017Q3, valued at $4.83 million, up from 88,278 at the end of the previous reported quarter. National Planning Corp who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $212.50B market cap company. The stock increased 0.56% or $0.29 during the last trading session, reaching $52.09. About 5.35 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 9, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 14 insider sales for $12.71 million activity. 3,000 shares were sold by BAILEY ROBERT L, worth $85,415 on Tuesday, August 1. Thorsen Steven L. JR sold $4.53 million worth of stock or 118,944 shares. $765,485 worth of Micron Technology, Inc. (NASDAQ:MU) shares were sold by Mondry Lawrence N. 327 shares valued at $10,507 were sold by ARNZEN APRIL S on Friday, September 1. Shares for $3.09M were sold by Poppen Joel L on Friday, September 29.

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.29, from 1.08 in 2017Q2. It improved, as 52 investors sold MU shares while 205 reduced holdings. 114 funds opened positions while 237 raised stakes. 886.67 million shares or 6.47% more from 832.79 million shares in 2017Q2 were reported. Proshare Lc reported 613,581 shares. 1,661 are held by Wealthtrust. Quantitative Investment Management Ltd Liability Corporation accumulated 1.36 million shares. Td Asset Mgmt Incorporated holds 0.02% or 372,907 shares in its portfolio. Wesbanco Bancorporation Incorporated stated it has 0.02% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Comerica Savings Bank owns 263,120 shares for 0.08% of their portfolio. Royal National Bank & Trust Of Canada owns 2.39 million shares or 0.05% of their US portfolio. Riverpoint Cap Management Limited Liability Company has 0.23% invested in Micron Technology, Inc. (NASDAQ:MU) for 90,883 shares. 1832 Asset Mngmt LP holds 0% or 6,671 shares. Martingale Asset Management Lp owns 26,143 shares. Saturna Cap invested in 0.02% or 13,973 shares. Fifth Third Commercial Bank accumulated 66,640 shares. Bartlett And Co Limited Liability Corp stated it has 1,000 shares. Asset Incorporated stated it has 107,736 shares or 0.14% of all its holdings. Swiss Commercial Bank holds 0.17% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 3.87M shares.

National Planning Corp, which manages about $1.20 billion US Long portfolio, decreased its stake in Nuveen Pfd & Incm Opportnys (JPC) by 50,708 shares to 30,681 shares, valued at $324,000 in 2017Q3, according to the filing. It also reduced its holding in Powershares Etf Tr Ii (EELV) by 13,524 shares in the quarter, leaving it with 12,624 shares, and cut its stake in Powershares Etf Tr Ii (SPLV).

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Micron Technology Inc. had 203 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, December 20. The firm has “Buy” rating by M Partners given on Tuesday, September 8. Stifel Nicolaus maintained Micron Technology, Inc. (NASDAQ:MU) on Monday, August 29 with “Buy” rating. The rating was maintained by UBS with “Buy” on Friday, September 9. The firm earned “Buy” rating on Friday, October 2 by Deutsche Bank. The stock has “Positive” rating by Susquehanna on Thursday, June 23. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) on Wednesday, December 23 with “Outperform” rating. The stock has “Buy” rating by Mizuho on Wednesday, December 20. Rosenblatt maintained the shares of MU in report on Tuesday, September 26 with “Buy” rating. Robert W. Baird maintained it with “Buy” rating and $60.0 target in Tuesday, November 28 report.

Since August 28, 2017, it had 0 buys, and 3 selling transactions for $89,365 activity.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. Cubist Systematic Strategies Lc owns 42,813 shares. St Germain D J Company has 118,251 shares. Crow Point Ptnrs Lc owns 141,291 shares. Bb&T Secs Ltd owns 1.59M shares. Univest Of Pennsylvania reported 56,734 shares. Ngam Advsr LP holds 0.3% or 582,186 shares in its portfolio. Capstone Fincl Advisors Inc has invested 0.16% in Verizon Communications Inc. (NYSE:VZ). Tortoise Inv Limited Com stated it has 2,112 shares or 0.03% of all its holdings. Veritable Ltd Partnership accumulated 130,118 shares. Bp Public Limited Liability Company stated it has 470,000 shares. Mariner Wealth Limited Liability reported 58,326 shares. Sonata Cap Group reported 0.5% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Evanson Asset Mngmt Ltd Company stated it has 6,492 shares or 0.07% of all its holdings. Eagle Asset Management has invested 0.04% in Verizon Communications Inc. (NYSE:VZ). Intrepid Capital Mgmt owns 0.91% invested in Verizon Communications Inc. (NYSE:VZ) for 45,460 shares.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, January 25. The stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given on Monday, October 24 by Drexel Hamilton. The firm has “Perform” rating by Oppenheimer given on Wednesday, July 20. As per Friday, July 28, the company rating was maintained by Cowen & Co. The stock of Verizon Communications Inc. (NYSE:VZ) has “Neutral” rating given on Tuesday, August 11 by MoffettNathanson. Macquarie Research initiated Verizon Communications Inc. (NYSE:VZ) on Tuesday, April 5 with “Neutral” rating. The firm has “Buy” rating given on Tuesday, August 11 by Vetr. On Wednesday, December 6 the stock rating was maintained by SunTrust with “Hold”. As per Wednesday, September 30, the company rating was maintained by RBC Capital Markets. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by RBC Capital Markets on Friday, May 26.

National Planning Corp, which manages about $489.05M US Long portfolio, decreased its stake in 3M Co (NYSE:MMM) by 9,725 shares to 21,878 shares, valued at $4.69 million in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 3,120 shares in the quarter, leaving it with 179,004 shares, and cut its stake in Lockheed Martin Corp (Call) (NYSE:LMT).

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