As Methode Electrs (MEI) Share Price Rose, Holder First National Bank Of Omaha Decreased Position; As Cedar Fair L.P. (FUN) Stock Value Rose, Burgundy Asset Management LTD Has Upped Its Stake by $11.74 Million

Cedar Fair, L.P. (NYSE:FUN) Logo

First National Bank Of Omaha decreased its stake in Methode Electrs Inc (MEI) by 31.84% based on its latest 2019Q1 regulatory filing with the SEC. First National Bank Of Omaha sold 14,470 shares as the company’s stock rose 2.94% with the market. The institutional investor held 30,980 shares of the capital goods company at the end of 2019Q1, valued at $892,000, down from 45,450 at the end of the previous reported quarter. First National Bank Of Omaha who had been investing in Methode Electrs Inc for a number of months, seems to be less bullish one the $972.39 million market cap company. The stock increased 2.82% or $0.72 during the last trading session, reaching $26.29. About 243,750 shares traded or 8.31% up from the average. Methode Electronics, Inc. (NYSE:MEI) has declined 32.14% since June 11, 2018 and is downtrending. It has underperformed by 36.57% the S&P500. Some Historical MEI News: 12/03/2018 – METHODE ELECTRONICS, REPORTS CFO CHANGE; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing Autoimmune and lnflammatory Disorders; 03/04/2018 – PCI LTD PCIL.Sl – LIEW MEI HONG APPOINTED CFO; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing lnflammation and Autoimmune Disorders; 15/03/2018 – Methode Electronics’ Board Approves Dividend; 29/03/2018 – Report: Exploring Fundamental Drivers Behind Anavex Life Sciences, Methode Electronics, Wesco Aircraft, Monotype Imaging, Tejon; 22/03/2018 – SHOUGANG CONCORD GRAND NAMES CHAN SO MEI AS COMPANY SECRETARY; 12/03/2018 – METHODE ELECTRONICS INC MEI.N – RONALD TSOUMAS, CURRENTLY METHODE’S CONTROLLER AND TREASURER, HAS BEEN PROMOTED TO SUCCEED HRUDICKA; 24/05/2018 – Methode Electronics Closes Below 200-Day Average: Technicals

Burgundy Asset Management Ltd increased its stake in Cedar Fair L.P. (FUN) by 32.26% based on its latest 2019Q1 regulatory filing with the SEC. Burgundy Asset Management Ltd bought 225,780 shares as the company’s stock rose 1.70% with the market. The institutional investor held 925,574 shares of the consumer services company at the end of 2019Q1, valued at $48.70M, up from 699,794 at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Cedar Fair L.P. for a number of months, seems to be bullish on the $2.77 billion market cap company. The stock decreased 0.37% or $0.18 during the last trading session, reaching $48.99. About 352,665 shares traded or 79.96% up from the average. Cedar Fair, L.P. (NYSE:FUN) has declined 18.74% since June 11, 2018 and is downtrending. It has underperformed by 23.17% the S&P500. Some Historical FUN News: 03/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Cedar Fair, American Public Education, Cadiz, National Rese; 23/03/2018 – Kings Dominion Debuts New “Hybrid” Roller Coaster Twisted Timbers; 22/04/2018 – DJ Cedar Fair LP, Inst Holders, 1Q 2018 (FUN); 02/05/2018 – Cedar Fair 1Q Loss $83.4M; 02/05/2018 – Cedar Fair Declares Dividend of $0.89; 02/05/2018 – Cedar Point Opens “With a Vengeance” This Saturday; 02/05/2018 – Cedar Fair 1Q Loss/Shr $1.49; 20/03/2018 – Carowinds Introduces Camp Snoopy and Non-Stop Family Fun; 02/05/2018 – Cedar Fair 1Q Rev $55M; 02/05/2018 – /C O R R E C T I O N — Cedar Fair Entertainment Company/

More notable recent Methode Electronics, Inc. (NYSE:MEI) news were published by: Globenewswire.com which released: “Methode Electronics, Inc. Announces CFO Change NYSE:MEI – GlobeNewswire” on March 12, 2018, also Seekingalpha.com with their article: “Methode Electronics To Acquire Grakon For Vehicle Lighting Tech – Seeking Alpha” published on August 22, 2018, Globenewswire.com published: “Methode Acquires Grakon NYSE:MEI – GlobeNewswire” on September 12, 2018. More interesting news about Methode Electronics, Inc. (NYSE:MEI) were released by: Seekingalpha.com and their article: “Methode Electronics: Striving For Higher Gross Margins – Seeking Alpha” published on September 25, 2018 as well as Globenewswire.com‘s news article titled: “Methode Electronics to Announce Third-Quarter Fiscal 2019 Results on Thursday, March 7, 2019 – GlobeNewswire” with publication date: February 21, 2019.

Analysts await Methode Electronics, Inc. (NYSE:MEI) to report earnings on June, 20. They expect $0.70 earnings per share, down 28.57% or $0.28 from last year’s $0.98 per share. MEI’s profit will be $25.89 million for 9.39 P/E if the $0.70 EPS becomes a reality. After $0.83 actual earnings per share reported by Methode Electronics, Inc. for the previous quarter, Wall Street now forecasts -15.66% negative EPS growth.

First National Bank Of Omaha, which manages about $496.83M and $1.46 billion US Long portfolio, upped its stake in Biogen Inc (NASDAQ:BIIB) by 13,587 shares to 16,587 shares, valued at $3.92 million in 2019Q1, according to the filing. It also increased its holding in Fortune Brands Home & Sec In (NYSE:FBHS) by 91,010 shares in the quarter, for a total of 142,660 shares, and has risen its stake in Home Depot Inc (NYSE:HD).

Investors sentiment increased to 1.11 in 2019 Q1. Its up 0.03, from 1.08 in 2018Q4. It improved, as 19 investors sold FUN shares while 44 reduced holdings. 25 funds opened positions while 45 raised stakes. 27.14 million shares or 0.18% more from 27.10 million shares in 2018Q4 were reported. Hanson Mcclain has invested 0% of its portfolio in Cedar Fair, L.P. (NYSE:FUN). State Of Wisconsin Board holds 0.03% of its portfolio in Cedar Fair, L.P. (NYSE:FUN) for 211,150 shares. Raymond James Assoc stated it has 0.01% of its portfolio in Cedar Fair, L.P. (NYSE:FUN). Gemmer Asset Mngmt Ltd Liability holds 200 shares. Benjamin F Edwards And invested in 0.02% or 3,296 shares. 1832 Asset Mgmt LP accumulated 1,000 shares. Tennessee-based Barnett Inc has invested 1.5% in Cedar Fair, L.P. (NYSE:FUN). Mngmt Limited Liability Com holds 0.18% of its portfolio in Cedar Fair, L.P. (NYSE:FUN) for 56,343 shares. 4,200 were accumulated by Cannell Peter B And Com. Moreover, Kings Point has 0% invested in Cedar Fair, L.P. (NYSE:FUN). Mirae Asset Global Invs invested 0.07% of its portfolio in Cedar Fair, L.P. (NYSE:FUN). Morgan Stanley has invested 0.02% in Cedar Fair, L.P. (NYSE:FUN). Eagle Asset Management holds 0.02% or 72,111 shares in its portfolio. American Century Inc accumulated 44,500 shares. Us Savings Bank De holds 0% or 26,885 shares.

Since December 19, 2018, it had 1 buying transaction, and 0 selling transactions for $293,520 activity.

Methode Electronics, Inc. (NYSE:MEI) Institutional Positions Chart

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