Nikko Asset Management Americas Has Boosted Maxim Integrated Products (MXIM) Position By $1.50 Million; Alliancebernstein Holding L.P. Units (AB) Shorts Down By 7.88%

February 21, 2018 - By John Hoffman

Nikko Asset Management Americas Inc increased Maxim Integrated Products Inc (MXIM) stake by 88.15% reported in 2017Q3 SEC filing. Nikko Asset Management Americas Inc acquired 32,000 shares as Maxim Integrated Products Inc (MXIM)’s stock rose 3.86%. The Nikko Asset Management Americas Inc holds 68,300 shares with $3.26M value, up from 36,300 last quarter. Maxim Integrated Products Inc now has $17.47 billion valuation. The stock increased 1.40% or $0.86 during the last trading session, reaching $62.12. About 3.06 million shares traded or 21.19% up from the average. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has risen 31.27% since February 21, 2017 and is uptrending. It has outperformed by 14.57% the S&P500.

Alliancebernstein Holding L.P. Units (NYSE:AB) had a decrease of 7.88% in short interest. AB’s SI was 973,200 shares in February as released by FINRA. Its down 7.88% from 1.06 million shares previously. With 214,900 avg volume, 5 days are for Alliancebernstein Holding L.P. Units (NYSE:AB)’s short sellers to cover AB’s short positions. The SI to Alliancebernstein Holding L.P. Units’s float is 1.22%. The stock increased 1.46% or $0.4 during the last trading session, reaching $27.75. About 624,452 shares traded or 105.09% up from the average. AllianceBernstein Holding L.P. (NYSE:AB) has declined 7.46% since February 21, 2017 and is downtrending. It has underperformed by 24.16% the S&P500.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.23, from 1.05 in 2017Q2. It worsened, as 17 investors sold AllianceBernstein Holding L.P. shares while 43 reduced holdings. 15 funds opened positions while 34 raised stakes. 18.55 million shares or 6.52% more from 17.41 million shares in 2017Q2 were reported. Hightower Ltd has 89,236 shares. Texan Cap Mgmt reported 64,110 shares. Next Grp Inc Inc stated it has 0% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB). Ubs Oconnor Ltd Com invested in 176,700 shares or 0.1% of the stock. Diligent Investors Ltd Liability invested in 8,363 shares. 23,550 were accumulated by Virtu Fincl Limited Liability Company. Department Mb Finance Financial Bank N A has 0.07% invested in AllianceBernstein Holding L.P. (NYSE:AB) for 25,000 shares. Wade G W Inc holds 0.03% of its portfolio in AllianceBernstein Holding L.P. (NYSE:AB) for 9,046 shares. Blackrock owns 100 shares. Knott David M reported 0.52% in AllianceBernstein Holding L.P. (NYSE:AB). Pnc Serv Group holds 0% or 11,960 shares. Meritage Mngmt invested in 146,080 shares or 0.35% of the stock. New York-based Morgan Stanley has invested 0.01% in AllianceBernstein Holding L.P. (NYSE:AB). Thompson Siegel Walmsley Lc has invested 0.01% in AllianceBernstein Holding L.P. (NYSE:AB). Blue Financial Capital stated it has 29,708 shares or 0.44% of all its holdings.

AllianceBernstein Holding L.P. is publicly owned investment manager. The company has market cap of $2.68 billion. The firm also provides research services to its clients. It has a 13.1 P/E ratio. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, firms, and other business entities.

Among 6 analysts covering AllianceBernstein Holding (NYSE:AB), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. AllianceBernstein Holding has $33 highest and $2 lowest target. $28’s average target is 0.90% above currents $27.75 stock price. AllianceBernstein Holding had 29 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, July 29 the stock rating was maintained by Citigroup with “Buy”. The company was maintained on Friday, September 1 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Friday, October 14 with “Market Perform”. On Wednesday, June 28 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating given on Tuesday, March 15 by Bank of America. As per Thursday, August 17, the company rating was maintained by Jefferies. The stock of AllianceBernstein Holding L.P. (NYSE:AB) earned “Neutral” rating by Citigroup on Tuesday, November 22. The rating was maintained by Jefferies with “Hold” on Monday, July 11. As per Friday, August 11, the company rating was maintained by Credit Suisse. The firm has “Market Perform” rating by Keefe Bruyette & Woods given on Friday, February 12.

Among 30 analysts covering Maxim Integrated Products Inc. (NASDAQ:MXIM), 15 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive. Maxim Integrated Products Inc. has $73 highest and $31 lowest target. $51.58’s average target is -16.97% below currents $62.12 stock price. Maxim Integrated Products Inc. had 85 analyst reports since July 24, 2015 according to SRatingsIntel. On Monday, August 3 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. The firm has “Market Perform” rating given on Friday, October 20 by Wells Fargo. The firm earned “Hold” rating on Wednesday, October 11 by SunTrust. On Friday, October 20 the stock rating was maintained by Stifel Nicolaus with “Buy”. BMO Capital Markets maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating on Friday, January 26. BMO Capital Markets has “Hold” rating and $55.0 target. Stifel Nicolaus maintained Maxim Integrated Products, Inc. (NASDAQ:MXIM) rating on Thursday, January 18. Stifel Nicolaus has “Buy” rating and $61.0 target. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, January 30. As per Friday, June 16, the company rating was maintained by Raymond James. The company was maintained on Tuesday, June 13 by Oppenheimer. The rating was upgraded by Bank of America on Friday, January 27 to “Buy”.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.10, from 1.18 in 2017Q2. It turned negative, as 38 investors sold MXIM shares while 134 reduced holdings. 51 funds opened positions while 134 raised stakes. 250.01 million shares or 0.14% more from 249.67 million shares in 2017Q2 were reported. Oakbrook Ltd Liability Com reported 9,319 shares. Prospector Limited Liability Company invested 0.27% in Maxim Integrated Products, Inc. (NASDAQ:MXIM). Teacher Retirement Of Texas invested in 19,085 shares or 0.01% of the stock. Cullinan Associate holds 209,401 shares. Moreover, Meeder Asset Management has 0.02% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 4,450 shares. Finance Serv has 0.02% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 785 shares. Westfield Mngmt LP has 0.2% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 535,652 shares. Winfield Assoc owns 50 shares. Brown Advisory Inc reported 5,457 shares. Strs Ohio reported 23,104 shares or 0% of all its holdings. Ameriprise Financial Inc stated it has 10.14M shares or 0.23% of all its holdings. Pnc Fin Ser Gru Inc holds 0% or 22,655 shares in its portfolio. Sterling Cap Mgmt accumulated 1.78M shares. Private Advisor Grp Incorporated owns 0.02% invested in Maxim Integrated Products, Inc. (NASDAQ:MXIM) for 13,176 shares. Ibm Retirement Fund stated it has 4,202 shares.

Nikko Asset Management Americas Inc decreased Hollyfrontier Corp (NYSE:HFC) stake by 231,400 shares to 3,700 valued at $133,000 in 2017Q3. It also reduced Cisco Systems Inc (NASDAQ:CSCO) stake by 10,800 shares and now owns 23,000 shares. Agrium Inc (NYSE:AGU) was reduced too.

Since August 24, 2017, it had 0 insider purchases, and 24 insider sales for $17.65 million activity. Grady Robert Edward also sold $1.39M worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares. $718,650 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) shares were sold by DOLUCA TUNC. On Monday, October 23 Jain Vivek sold $354,459 worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) or 6,793 shares. Preeshl Bryan sold $221,227 worth of stock or 3,607 shares. $1.29 million worth of Maxim Integrated Products, Inc. (NASDAQ:MXIM) was sold by KIDDOO BRUCE E on Wednesday, October 25. Another trade for 30,300 shares valued at $1.89 million was made by BERGMAN JAMES R on Tuesday, January 30. NEIL CHRISTOPHER J sold 3,500 shares worth $183,950.