As Sanmina (SANM) Share Value Rose, Skyline Asset Management LP Upped Holding by $2.46 Million; As Sabra Health Care Reit (SBRA) Market Value Rose, Shareholder Forward Management Lowered Its Position

August 10, 2018 - By Vernon Prom

Sanmina Corporation (NASDAQ:SANM) Logo

Forward Management Llc decreased its stake in Sabra Health Care Reit Inc (SBRA) by 19.33% based on its latest 2018Q1 regulatory filing with the SEC. Forward Management Llc sold 279,400 shares as the company’s stock rose 16.71% while stock markets declined. The institutional investor held 1.17 million shares of the consumer services company at the end of 2018Q1, valued at $20.58 million, down from 1.45M at the end of the previous reported quarter. Forward Management Llc who had been investing in Sabra Health Care Reit Inc for a number of months, seems to be less bullish one the $3.96B market cap company. The stock decreased 0.45% or $0.1 during the last trading session, reaching $22.19. About 36,488 shares traded. Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has declined 14.08% since August 10, 2017 and is downtrending. It has underperformed by 26.65% the S&P500. Some Historical SBRA News: 09/05/2018 – Sabra Healthcare REIT Raises 2018 View To FFO $2.48/Shr-FFO $2.56/Shr; 09/05/2018 – Sabra Healthcare REIT 1Q Rev $166.1M; 09/05/2018 – Sabra Healthcare REIT 1Q FFO 64c/Shr; 09/05/2018 – SABRA HEALTH 1Q NORMALIZED FFO/SHR 63C, EST. 61C; 30/04/2018 – Tostitos And Sabra Are Fueling Cinco de Mayo Get-Togethers…One Ride At A Time; 30/05/2018 – Detailed Research: Economic Perspectives on Dorchester Minerals, MEDIFAST INC, Sabra Healthcare REIT, MUELLER WATER PRODUCTS, I; 07/05/2018 – SABRA RESTRUCTURES CONTRACTUAL RELATIONSHIP WITH SIGNATURE HEAL; 02/05/2018 – SABRA ANNOUNCES REDEMPTION OF ALL 7.125% SERIES A PFD SHRS; 07/05/2018 – Sabra Health Care REIT Restructures Its Contractual Relationship With Signature HealthCARE; 09/05/2018 – Sabra Healthcare REIT Had Seen 2018 EPS $2.16-$2.24

Skyline Asset Management Lp increased its stake in Sanmina Corporation (SANM) by 22.16% based on its latest 2018Q1 regulatory filing with the SEC. Skyline Asset Management Lp bought 94,700 shares as the company’s stock rose 6.85% while stock markets declined. The institutional investor held 522,110 shares of the electrical products company at the end of 2018Q1, valued at $13.65M, up from 427,410 at the end of the previous reported quarter. Skyline Asset Management Lp who had been investing in Sanmina Corporation for a number of months, seems to be bullish on the $2.05B market cap company. The stock decreased 0.99% or $0.3 during the last trading session, reaching $30.1. About 5,180 shares traded. Sanmina Corporation (NASDAQ:SANM) has declined 20.72% since August 10, 2017 and is downtrending. It has underperformed by 33.29% the S&P500. Some Historical SANM News: 30/03/2018 – Sanmina: Agreement Has Maximum Outstanding Balance of Receivables of $140M at a Time; 23/04/2018 – Sanmina Sees 3Q EPS 34c-EPS 42c; 23/04/2018 – SANMINA 2Q ADJ EPS 50C, EST. 45C; 05/04/2018 – SANMINA – RECEIVED FDA REGISTRATION AT MANUFACTURING FACILITIES IN CHENNAI, ENABLING CO TO MANUFACTURE FINISHED MEDICAL INSTRUMENTS, DEVICES IN INDIA; 30/03/2018 – Sanmina Will Sell Accounts Receivable on a Revolving Basis to BTMU and Other Buyers From Time to Time; 08/03/2018 – Sanmina Shareholders Vote in Favor of Board Nominees by Wide Margi; 14/05/2018 – Nuveen Asset Management LLC Exits Position in Sanmina; 24/04/2018 – Sanmina reported profit and sales that were better-than-anticipated for their second quarter of fiscal 2018; 08/03/2018 – Sanmina Plans Annual ‘Say-on-Pay’ Vote; 18/04/2018 – NY Warn Notices: 4 / 18 / 2018 – Sanmina Corporation – Southern Region

Skyline Asset Management Lp, which manages about $1.24 billion and $1.24 billion US Long portfolio, decreased its stake in Lci Inds by 7,800 shares to 160,850 shares, valued at $16.75M in 2018Q1, according to the filing. It also reduced its holding in Manpowergroup Inc (NYSE:MAN) by 33,000 shares in the quarter, leaving it with 161,800 shares, and cut its stake in Rexnord Corp New (NYSE:RXN).

Among 11 analysts covering Sanmina-SCI Corporation (NASDAQ:SANM), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Sanmina-SCI Corporation had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Craig Hallum given on Wednesday, May 23. Argus Research downgraded the stock to “Hold” rating in Thursday, November 2 report. The firm has “Buy” rating given on Friday, April 13 by Citigroup. The stock has “Sell” rating by Citigroup on Friday, October 23. The stock has “Buy” rating by B. Riley & Co on Friday, December 4. The stock has “Hold” rating by RBC Capital Markets on Friday, January 19. The firm has “Buy” rating given on Tuesday, October 3 by Needham. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. The firm has “Hold” rating by Cross Research given on Monday, October 31. The stock has “Neutral” rating by Goldman Sachs on Thursday, October 22.

Since February 15, 2018, it had 0 buys, and 3 insider sales for $954,828 activity. Another trade for 18,444 shares valued at $506,959 was made by Licata Joseph G Jr on Monday, February 26.

Investors sentiment decreased to 0.66 in 2018 Q1. Its down 0.27, from 0.93 in 2017Q4. It dived, as 47 investors sold SANM shares while 79 reduced holdings. 27 funds opened positions while 56 raised stakes. 63.58 million shares or 2.37% less from 65.12 million shares in 2017Q4 were reported. Clarivest Asset Limited Liability Corp stated it has 136,100 shares or 0.06% of all its holdings. Stifel Corp reported 0% in Sanmina Corporation (NASDAQ:SANM). Adams Diversified Equity Fund has 0.03% invested in Sanmina Corporation (NASDAQ:SANM). Cubist Systematic Strategies Lc holds 17,024 shares. Ardevora Asset Llp holds 0% or 700 shares. Earnest Prtnrs Ltd Liability Com holds 2.98 million shares. Atlantic Trust Group accumulated 150 shares. Zebra Capital Mngmt Limited Liability accumulated 48,628 shares. Parkside Bancorp Trust reported 339 shares stake. Boothbay Fund Management Limited has 0.03% invested in Sanmina Corporation (NASDAQ:SANM) for 10,956 shares. Neuberger Berman Group Limited Liability Company invested 0% in Sanmina Corporation (NASDAQ:SANM). Balyasny Asset Management Ltd reported 119,104 shares or 0.01% of all its holdings. Alyeska Inv Group LP holds 718,077 shares. Texas Permanent School Fund accumulated 47,166 shares. Parallax Volatility Advisers Limited Partnership has 320 shares.

More news for Sanmina Corporation (NASDAQ:SANM) were recently published by: Benzinga.com, which released: “Earnings Scheduled For July 30, 2018” on July 30, 2018. Streetinsider.com‘s article titled: “Sanmina (SANM) Misses Q3 EPS by 2c” and published on July 30, 2018 is yet another important article.

Since March 22, 2018, it had 0 insider purchases, and 1 insider sale for $10,416 activity.

Forward Management Llc, which manages about $5.17B and $685.53M US Long portfolio, upped its stake in Wpp Plc New (NASDAQ:WPPGY) by 6,154 shares to 40,566 shares, valued at $3.23M in 2018Q1, according to the filing. It also increased its holding in Costco Whsl Corp New (NASDAQ:COST) by 3,175 shares in the quarter, for a total of 3,675 shares, and has risen its stake in Select Sector Spdr Tr (XLF).

More news for Sabra Health Care REIT, Inc. (NASDAQ:SBRA) were recently published by: Seekingalpha.com, which released: “Sabra Health Care REIT, Inc. (SBRA) CEO Rick Matros on Q2 2018 Results – Earnings Call Transcript” on August 10, 2018. Nasdaq.com‘s article titled: “Sabra Reports Second Quarter 2018 Results; Reports Earnings Per Share, Normalized FFO Per Share and Normalized …” and published on August 08, 2018 is yet another important article.

Sanmina Corporation (NASDAQ:SANM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts