Cedar Fair, L.P. (FUN) Touches $68.50 Formed H&S; Cramer Rosenthal Mcglynn Cut Ptc (PTC) Stake

February 16, 2018 - By Danny Collins

Cramer Rosenthal Mcglynn Llc decreased Ptc Inc (PTC) stake by 10.96% reported in 2017Q3 SEC filing. Cramer Rosenthal Mcglynn Llc sold 189,305 shares as Ptc Inc (PTC)’s stock rose 1.36%. The Cramer Rosenthal Mcglynn Llc holds 1.54M shares with $86.57 million value, down from 1.73 million last quarter. Ptc Inc now has $8.53 billion valuation. The stock increased 2.67% or $1.91 during the last trading session, reaching $73.36. About 837,651 shares traded. PTC Inc. (NASDAQ:PTC) has risen 57.23% since February 16, 2017 and is uptrending. It has outperformed by 40.53% the S&P500.

Cedar Fair, L.P. (FUN) formed inverse H&S with $71.93 target or 5.00% above today’s $68.50 share price. Cedar Fair, L.P. (FUN) has $3.85 billion valuation. The stock increased 1.72% or $1.16 during the last trading session, reaching $68.5. About 66,991 shares traded. Cedar Fair, L.P. (NYSE:FUN) has risen 22.21% since February 16, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.08, from 1.14 in 2017Q2. It turned negative, as 39 investors sold PTC shares while 101 reduced holdings. 42 funds opened positions while 107 raised stakes. 87.30 million shares or 4.23% more from 83.76 million shares in 2017Q2 were reported. New York State Teachers Retirement Sys holds 195,584 shares. Credit Suisse Ag has 0.01% invested in PTC Inc. (NASDAQ:PTC) for 120,840 shares. Comerica Savings Bank reported 0.04% in PTC Inc. (NASDAQ:PTC). 179,740 were reported by Cookson Peirce And Commerce. Td Asset has invested 0.05% in PTC Inc. (NASDAQ:PTC). Massachusetts-based Panagora Asset Mngmt has invested 0% in PTC Inc. (NASDAQ:PTC). Us Natl Bank De reported 0% in PTC Inc. (NASDAQ:PTC). First Interstate Fincl Bank invested in 0% or 331 shares. Da Davidson And holds 0.01% or 5,407 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma invested 0% in PTC Inc. (NASDAQ:PTC). Cramer Rosenthal Mcglynn Lc invested in 1.55M shares. Tygh invested in 69,632 shares or 0.78% of the stock. Raymond James And Assoc invested in 0.02% or 195,100 shares. Tudor Corp Et Al accumulated 12,812 shares or 0.02% of the stock. Guggenheim Llc has invested 0% in PTC Inc. (NASDAQ:PTC).

Cramer Rosenthal Mcglynn Llc increased Anheuser (NYSE:BUD) stake by 10,365 shares to 171,207 valued at $20.43 million in 2017Q3. It also upped Charles Schwab Corp/The (NYSE:SCHW) stake by 57,735 shares and now owns 231,770 shares. Ashland Global Holdings Inc was raised too.

Among 17 analysts covering PTC (NASDAQ:PTC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. PTC had 48 analyst reports since July 30, 2015 according to SRatingsIntel. Wedbush maintained PTC Inc. (NASDAQ:PTC) rating on Thursday, January 18. Wedbush has “Buy” rating and $78.0 target. On Thursday, August 6 the stock rating was initiated by CLSA with “Outperform”. As per Thursday, October 8, the company rating was initiated by KeyBanc Capital Markets. The stock of PTC Inc. (NASDAQ:PTC) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 9. The firm has “Neutral” rating given on Thursday, January 18 by Bank of America. The stock has “Overweight” rating by Barclays Capital on Thursday, October 26. Barclays Capital maintained the shares of PTC in report on Thursday, January 18 with “Buy” rating. The rating was maintained by Guggenheim on Thursday, January 18 with “Hold”. The stock of PTC Inc. (NASDAQ:PTC) earned “Buy” rating by RBC Capital Markets on Thursday, January 18. The stock of PTC Inc. (NASDAQ:PTC) has “Buy” rating given on Thursday, August 31 by Robert W. Baird.

Since August 24, 2017, it had 0 insider purchases, and 4 insider sales for $867,040 activity. Ouimet Matthew A sold $129,800 worth of stock.

Among 10 analysts covering Cedar Fair (NYSE:FUN), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Cedar Fair had 24 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was initiated by Suntrust Robinson with “Hold” on Thursday, April 13. The stock has “Buy” rating by Hilliard Lyons on Monday, August 24. The rating was initiated by Stephens with “Equal-Weight” on Tuesday, April 19. On Wednesday, December 9 the stock rating was initiated by Macquarie Research with “Neutral”. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with “Buy”. The rating was upgraded by Macquarie Research on Friday, July 8 to “Outperform”. The rating was maintained by KeyBanc Capital Markets on Wednesday, February 14 with “Buy”. FBR Capital maintained the shares of FUN in report on Thursday, February 18 with “Outperform” rating. The stock of Cedar Fair, L.P. (NYSE:FUN) earned “Buy” rating by Stifel Nicolaus on Thursday, February 15. The stock of Cedar Fair, L.P. (NYSE:FUN) has “Buy” rating given on Monday, June 19 by Goldman Sachs.