Kevin Waters Insider Selling for 2,997 Shares of Accuray (ARAY); Black Hills (BKH) Shorts Raised By 22.8%

April 4, 2018 - By Martha Paddon

Accuray Incorporated (NASDAQ:ARAY) Logo

Black Hills Corporation (NYSE:BKH) had an increase of 22.8% in short interest. BKH’s SI was 7.43 million shares in April as released by FINRA. Its up 22.8% from 6.05 million shares previously. With 1.14M avg volume, 7 days are for Black Hills Corporation (NYSE:BKH)’s short sellers to cover BKH’s short positions. The SI to Black Hills Corporation’s float is 14.02%. The stock increased 0.91% or $0.49 during the last trading session, reaching $54.45. About 562,311 shares traded. Black Hills Corporation (NYSE:BKH) has declined 19.28% since April 4, 2017 and is downtrending. It has underperformed by 30.83% the S&P500.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.10, from 1.18 in 2017Q3. It improved, as 31 investors sold Black Hills Corporation shares while 61 reduced holdings. 43 funds opened positions while 75 raised stakes. 51.54 million shares or 2.92% more from 50.08 million shares in 2017Q3 were reported. Fifth Third Natl Bank holds 0% of its portfolio in Black Hills Corporation (NYSE:BKH) for 264 shares. Dekabank Deutsche Girozentrale invested 0% of its portfolio in Black Hills Corporation (NYSE:BKH). Bnp Paribas Asset Mngmt has 0.07% invested in Black Hills Corporation (NYSE:BKH) for 139,683 shares. The California-based California State Teachers Retirement Sys has invested 0.01% in Black Hills Corporation (NYSE:BKH). Morgan Stanley stated it has 244,758 shares. Epoch Investment Partners invested 0.18% of its portfolio in Black Hills Corporation (NYSE:BKH). 19,709 are held by Oregon Employees Retirement Fund. Manufacturers Life Insurance Company The has invested 0.05% of its portfolio in Black Hills Corporation (NYSE:BKH). Bluecrest Cap Mgmt Limited owns 156,864 shares. Colorado-based Public Employees Retirement Association Of Colorado has invested 0% in Black Hills Corporation (NYSE:BKH). Parallax Volatility Advisers Lp accumulated 8,190 shares. Retail Bank Of Mellon Corp holds 935,434 shares or 0.01% of its portfolio. Counselors has 65,154 shares for 0.18% of their portfolio. Kennedy Management Incorporated holds 0.42% of its portfolio in Black Hills Corporation (NYSE:BKH) for 392,604 shares. Paradigm Asset Mgmt Co Ltd invested in 0.11% or 6,700 shares.

Among 9 analysts covering Black Hills Corp (NYSE:BKH), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Black Hills Corp had 33 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, February 7, the company rating was downgraded by JP Morgan. As per Friday, October 6, the company rating was downgraded by Williams Capital Group. The rating was maintained by JP Morgan on Thursday, January 25 with “Overweight”. The company was downgraded on Wednesday, February 7 by J.P. Morgan. As per Friday, August 4, the company rating was maintained by BMO Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, February 16. The stock has “Buy” rating by RBC Capital Markets on Thursday, February 1. RBC Capital Markets maintained it with “Buy” rating and $7000 target in Thursday, June 29 report. Williams Capital Group upgraded the stock to “Buy” rating in Wednesday, January 10 report. As per Friday, August 5, the company rating was maintained by JP Morgan.

Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility firm in the United States. The company has market cap of $2.92 billion. The companyÂ’s Electric Utilities segment generates, transmits, and distributes electricity to approximately 208,500 electric clients in South Dakota, Wyoming, Colorado, and Montana. It has a 16.96 P/E ratio. This segment owns 941 megawatts of generation capacity and 8,806 miles of electric transmission and distribution lines.

The SVP – Chief Financial Officer of Accuray Inc, Kevin Waters is in the stock market news today. It was published in a legal document filled by Kevin Waters and submitted to the Washington-based Security and Exchange Commission on April 03, 2018, he sold 2,997 shares from the California-based company valued at near $13,936 U.S Dollars. Kevin Waters’s shares average price was $4.7. Now, Kevin Waters owns 328,260 shares which are equivalent to precisely 0.38% of the company’s market capitalization.

Among 9 analysts covering Accuray (NASDAQ:ARAY), 4 have Buy rating, 3 Sell and 2 Hold. Therefore 44% are positive. Accuray has $10 highest and $5.0 lowest target. $7.33’s average target is 59.35% above currents $4.6 stock price. Accuray had 25 analyst reports since August 5, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of ARAY in report on Tuesday, July 18 with “Buy” rating. The firm has “Hold” rating given on Friday, September 29 by RBC Capital Markets. Jefferies maintained the shares of ARAY in report on Monday, September 25 with “Buy” rating. The company was maintained on Tuesday, January 23 by Jefferies. The rating was maintained by Jefferies on Wednesday, August 9 with “Buy”. The firm has “Sector Perform” rating given on Friday, January 29 by RBC Capital Markets. The stock of Accuray Incorporated (NASDAQ:ARAY) earned “Sell” rating by Citigroup on Thursday, November 12. Zacks upgraded the shares of ARAY in report on Wednesday, August 5 to “Sell” rating. JP Morgan downgraded Accuray Incorporated (NASDAQ:ARAY) on Wednesday, December 13 to “Underweight” rating. The stock of Accuray Incorporated (NASDAQ:ARAY) has “Sell” rating given on Wednesday, December 13 by J.P. Morgan.

Accuray Incorporated designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body. The company has market cap of $392.35 million. The firm offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of various types of cancer and tumors in the body. It currently has negative earnings. The CyberKnife System automatically tracks, detects, and corrects for tumor and patient movement in real-time during the procedure, as well as enables the delivery of precise, high dose radiation while patients breathe normally.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.16, from 1.23 in 2017Q3. It worsened, as 13 investors sold Accuray Incorporated shares while 31 reduced holdings. 18 funds opened positions while 29 raised stakes. 64.52 million shares or 1.17% more from 63.77 million shares in 2017Q3 were reported. Boston Partners invested in 0.01% or 2.27 million shares. X Mgmt Co Ltd Co reported 887,287 shares stake. Adirondack Research & Inc accumulated 251,396 shares or 0.42% of the stock. Neuberger Berman Group Incorporated Ltd Co reported 4.67M shares. Swiss Savings Bank accumulated 154,800 shares or 0% of the stock. Ameritas Invest Incorporated holds 0% of its portfolio in Accuray Incorporated (NASDAQ:ARAY) for 6,420 shares. Vanguard Group Incorporated Inc owns 0% invested in Accuray Incorporated (NASDAQ:ARAY) for 6.50M shares. Bnp Paribas Arbitrage holds 17,312 shares. Legal And General Group Plc, a United Kingdom-based fund reported 21,313 shares. Sectoral Asset Management holds 0.32% or 595,447 shares in its portfolio. Jpmorgan Chase Communications stated it has 0% of its portfolio in Accuray Incorporated (NASDAQ:ARAY). Renaissance Ltd Liability Corp holds 0.02% or 4.55M shares. Principal Fincl Grp owns 0% invested in Accuray Incorporated (NASDAQ:ARAY) for 14,474 shares. Community Comml Bank Na invested in 0% or 300 shares. 3,433 were reported by Royal Bancshares Of Canada.

Analysts await Accuray Incorporated (NASDAQ:ARAY) to report earnings on April, 26. They expect $-0.03 EPS, up 50.00% or $0.03 from last year’s $-0.06 per share. After $-0.06 actual EPS reported by Accuray Incorporated for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

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