Loomis Sayles & Company LP Lowered Ii (IIVI) Stake By $20.03 Million; BSB Bancorp (BLMT)’s Sentiment Is 1.15

July 25, 2018 - By Pearl Odom

II-VI Incorporated (NASDAQ:IIVI) Logo

Loomis Sayles & Company LP decreased Ii (IIVI) stake by 57.82% reported in 2018Q1 SEC filing. Loomis Sayles & Company LP sold 500,662 shares as Ii (IIVI)’s stock rose 17.25%. The Loomis Sayles & Company LP holds 365,294 shares with $14.94 million value, down from 865,956 last quarter. Ii now has $2.84B valuation. The stock increased 1.22% or $0.55 during the last trading session, reaching $45.45. About 298,841 shares traded. II-VI Incorporated (NASDAQ:IIVI) has risen 44.87% since July 25, 2017 and is uptrending. It has outperformed by 32.30% the S&P500. Some Historical IIVI News: 08/03/2018 – Il-Vl Incorporated Announces Bi-Directional Optical Line Subsystem Platform for Datacenter lnterconnects; 23/03/2018 – Il-Vl Incorporated Opens New Applications Laboratory in Detroit for Laser Materials Processing; 01/05/2018 – II-VI 3Q ADJ EPS 36C, EST. 38C; 01/05/2018 – II-VI 3Q Adj EPS 36c; 14/03/2018 – Il-Vl Incorporated Introduces 1 kW Direct Diode Laser Engine; 01/05/2018 – II-VI 3Q REV. $295M, EST. $277.5M; 01/05/2018 – II-VI SEES 4Q EPS 37C TO 43C; 26/03/2018 – II-VI TO BUY COADNA FOR ABOUT $85M IN CASH; 15/03/2018 – II-VI: 3-D Sensing, Silicon Carbide, EUV Prompt Davidson to Say Buy — Barron’s Blog; 09/03/2018 – Il-Vl Incorporated to Participate at the OIDA Executive Forum and Present at OFC

BSB Bancorp Inc (BLMT) investors sentiment decreased to 1.15 in Q1 2018. It’s down -0.22, from 1.37 in 2017Q4. The ratio has worsened, as 23 funds opened new and increased positions, while 20 sold and reduced their positions in BSB Bancorp Inc. The funds in our database reported: 4.68 million shares, up from 4.63 million shares in 2017Q4. Also, the number of funds holding BSB Bancorp Inc in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 3 Reduced: 17 Increased: 16 New Position: 7.

Since March 20, 2018, it had 0 insider purchases, and 2 insider sales for $668,819 activity. MATTERA VINCENT D JR had sold 8,000 shares worth $378,738 on Tuesday, March 20. 6,579 shares were sold by Wagner David G, worth $290,081.

More important recent II-VI Incorporated (NASDAQ:IIVI) news were published by: Nasdaq.com which released: “II-VI Incorporated to Webcast FY 2018 Fourth Quarter and Fiscal Year End Earnings Conference Call” on July 24, 2018, also Benzinga.com published article titled: “IIVI Investors Should Take ‘A Breather,’ Morgan Stanley Says In Downgrade”, Globenewswire.com published: “II-VI Incorporated to Expand Manufacturing Capacity for Pump Lasers” on July 09, 2018. More interesting news about II-VI Incorporated (NASDAQ:IIVI) was released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For July 23, 2018” with publication date: July 23, 2018.

Among 10 analysts covering II-VI (NASDAQ:IIVI), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. II-VI had 14 analyst reports since January 30, 2018 according to SRatingsIntel. The stock of II-VI Incorporated (NASDAQ:IIVI) earned “Hold” rating by Northland Capital on Friday, February 2. The stock of II-VI Incorporated (NASDAQ:IIVI) has “Buy” rating given on Tuesday, March 20 by FBR Capital. The stock of II-VI Incorporated (NASDAQ:IIVI) has “Equal-Weight” rating given on Monday, July 2 by Morgan Stanley. As per Tuesday, June 5, the company rating was maintained by Piper Jaffray. As per Tuesday, March 20, the company rating was upgraded by B. Riley & Co. As per Tuesday, February 13, the company rating was initiated by Piper Jaffray. The stock has “Buy” rating by B. Riley & Co on Wednesday, May 2.

Loomis Sayles & Company LP increased M & T Bank Corp (NYSE:MTB) stake by 64,736 shares to 430,006 valued at $79.28M in 2018Q1. It also upped Dril (NYSE:DRQ) stake by 7,224 shares and now owns 437,133 shares. Nielsen Holdings Plc was raised too.

Investors sentiment increased to 1.14 in Q1 2018. Its up 0.16, from 0.98 in 2017Q4. It improved, as 25 investors sold IIVI shares while 68 reduced holdings. 36 funds opened positions while 70 raised stakes. 57.75 million shares or 7.18% more from 53.88 million shares in 2017Q4 were reported. Cornerstone Advsr owns 14 shares. 148,111 are owned by Morgan Stanley. Foundry Prns Ltd Llc owns 54,658 shares. Barrow Hanley Mewhinney And Strauss Ltd Liability Corp has 2.52 million shares. Levin Capital Strategies Lp stated it has 7,500 shares or 0.01% of all its holdings. Brookstone Capital Management owns 4,999 shares. State Teachers Retirement Systems invested 0.02% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Macquarie Ltd holds 0.06% of its portfolio in II-VI Incorporated (NASDAQ:IIVI) for 856,336 shares. S&T National Bank & Trust Pa accumulated 8,000 shares. 491,647 were reported by Victory Capital Management. Retail Bank Of Mellon Corp holds 1.44M shares. Hotchkis Wiley Management Llc holds 8,580 shares or 0% of its portfolio. Paloma Prtn Mgmt invested 0.02% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Barclays Plc stated it has 24,364 shares or 0% of all its holdings. Voya Investment Mgmt Ltd Liability stated it has 0% of its portfolio in II-VI Incorporated (NASDAQ:IIVI).

Analysts await II-VI Incorporated (NASDAQ:IIVI) to report earnings on August, 6. They expect $0.39 EPS, down 22.00% or $0.11 from last year’s $0.5 per share. IIVI’s profit will be $24.40 million for 29.13 P/E if the $0.39 EPS becomes a reality. After $0.36 actual EPS reported by II-VI Incorporated for the previous quarter, Wall Street now forecasts 8.33% EPS growth.

The stock increased 1.43% or $0.5 during the last trading session, reaching $35.35. About 7,211 shares traded. BSB Bancorp, Inc. (BLMT) has risen 15.64% since July 25, 2017 and is uptrending. It has outperformed by 3.07% the S&P500.

Another recent and important BSB Bancorp, Inc. (NASDAQ:BLMT) news was published by Streetinsider.com which published an article titled: “Form 8-K BSB Bancorp, Inc. For: Jul 19” on July 22, 2018.

Clover Partners L.P. holds 1.92% of its portfolio in BSB Bancorp, Inc. for 56,179 shares. Banc Funds Co Llc owns 929,460 shares or 1.46% of their US portfolio. Moreover, Fj Capital Management Llc has 1.25% invested in the company for 409,900 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.54% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 31,009 shares.

II-VI Incorporated (NASDAQ:IIVI) Institutional Positions Chart

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