Balasa Dinverno & Foltz Has Boosted Its Micron Technology (MU) Position by $938,285; Stock Value Rose; As Canadian Solar (CSIQ) Stock Value Rose, Luminus Management Has Decreased Position

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Balasa Dinverno & Foltz Llc increased its stake in Micron Technology Inc. (MU) by 45.83% based on its latest 2019Q1 regulatory filing with the SEC. Balasa Dinverno & Foltz Llc bought 22,885 shares as the company’s stock rose 7.14% . The institutional investor held 72,817 shares of the technology company at the end of 2019Q1, valued at $3.01 million, up from 49,932 at the end of the previous reported quarter. Balasa Dinverno & Foltz Llc who had been investing in Micron Technology Inc. for a number of months, seems to be bullish on the $51.96 billion market cap company. The stock increased 0.53% or $0.26 during the last trading session, reaching $49.39. About 23.11M shares traded. Micron Technology, Inc. (NASDAQ:MU) has declined 15.32% since September 11, 2018 and is downtrending. It has underperformed by 15.32% the S&P500. Some Historical MU News: 19/03/2018 – Micron’s 21% March Rally Sets High Bar for Earnings on Thursday; 21/05/2018 – Micron Ships Industry’s First Quad-Level Cell NAND SSD; 17/05/2018 – Micron Favored by 10 Hedge Funds, 13Fs Show; 04/04/2018 – Micron Waste Technologies (MWM) at the Forefront of Cannabis Disposal Issues — CFN Media; 23/03/2018 – MICRON TECHNOLOGY INC MU.O : CITIGROUP RAISES TARGET PRICE TO $60 FROM $55; 22/03/2018 – Micron Technology 2nd-qtr quarter profit jumps; 20/03/2018 – AMD to release patches to fix some chip flaws uncovered by CTS Labs; 14/03/2018 – Broadcom for Intuit? Or Micron? Strange Pickings in RBC’s M&A Screen — Barron’s Blog; 22/03/2018 – MICRON 2Q ADJ EPS $2.82; 11/05/2018 – HOSOKAWA MICRON 6277.T 6-MTH GROUP NET PROFIT 1.93 BLN YEN (+18.1 %), 2017/18 FORECAST PROFIT 3.60 BLN YEN (+0.8 %)

Luminus Management Llc decreased its stake in Canadian Solar Inc (CSIQ) by 32.31% based on its latest 2019Q1 regulatory filing with the SEC. Luminus Management Llc sold 366,563 shares as the company’s stock rose 3.34% . The hedge fund held 768,043 shares of the semiconductors company at the end of 2019Q1, valued at $14.31M, down from 1.13M at the end of the previous reported quarter. Luminus Management Llc who had been investing in Canadian Solar Inc for a number of months, seems to be less bullish one the $1.29B market cap company. The stock decreased 0.98% or $0.21 during the last trading session, reaching $21.2. About 993,507 shares traded or 41.99% up from the average. Canadian Solar Inc. (NASDAQ:CSIQ) has risen 62.13% since September 11, 2018 and is uptrending. It has outperformed by 62.13% the S&P500. Some Historical CSIQ News: 04/05/2018 – Canadian Solar Wins Second Award for Dual-Tenor Green Project Bond in Japan; 13/04/2018 – TARIFFS ON CANADIAN SOLAR PANELS ALLOWED BY U.S. APPEALS COURT; 13/03/2018 – CANADIAN SOLAR – UNIT RECURRENT ENERGY FINALIZED SALE OF INTERESTS IN THREE SOLAR PHOTOVOLTAIC PROJECTS TOTALING 235 MWAC/309 MWP; 29/03/2018 – CANADIAN SOLAR INC – ANNOUNCED ACQUISITION OF A 97.6 MWP SOLAR PHOTOVOLTAIC (PV) PROJECT IN CAFAYATE, SALTA PROVINCE, ARGENTINA; 16/05/2018 – CANADIAN SOLAR SEES 2Q REV. $690.0M TO $730.0M, EST. $1.07B; 16/05/2018 – Canadian Solar 1Q Rev $1.42B; 16/04/2018 – Canadian Solar completed sale of 80.6 MWp solar energy project in Brazil to Global Power Generation; 26/03/2018 – Exclusive – Canadian Solar eyes Aussie purchase; 10/04/2018 – Canadian Solar to Build 364 Megawatts of Projects in Brazil; 29/03/2018 – CANADIAN SOLAR BUYS A 97.6 MWP SOLAR POWER PROJECT IN ARGENTINA

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Finance.Yahoo.com which released: “Here’s Why I Think Micron Technology (NASDAQ:MU) Might Deserve Your Attention Today – Yahoo Finance” on May 29, 2019, also Nasdaq.com with their article: “5 Semiconductor Stocks Poised to Grow Despite Macro Woes – Nasdaq” published on September 10, 2019, Nasdaq.com published: “Noteworthy Tuesday Option Activity: MU, MA, URI – Nasdaq” on August 13, 2019. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Nasdaq.com and their article: “Notable Monday Option Activity: AMBC, MU, NR – Nasdaq” published on August 05, 2019 as well as Nasdaq.com‘s news article titled: “Micron (MU) Still A Buy Even After Thirteen Percent Jump – Nasdaq” with publication date: June 27, 2019.

Investors sentiment increased to 1.06 in 2019 Q1. Its up 0.30, from 0.76 in 2018Q4. It improved, as 63 investors sold MU shares while 237 reduced holdings. 102 funds opened positions while 216 raised stakes. 807.22 million shares or 2.34% less from 826.56 million shares in 2018Q4 were reported. Public Employees Retirement Systems Of Ohio reported 0.16% stake. National Bank & Trust accumulated 27,713 shares. 188,772 were reported by Arrowmark Colorado Hldg Limited Liability Com. Calamos Advsrs Ltd Com holds 306,707 shares. Vestor Cap Ltd, Illinois-based fund reported 76,983 shares. Apg Asset Management Nv owns 3.82 million shares or 0.26% of their US portfolio. Dekabank Deutsche Girozentrale has 0.15% invested in Micron Technology, Inc. (NASDAQ:MU). Wellington Shields Mgmt Lc stated it has 19,900 shares. 15,800 were reported by Jupiter Asset Ltd. Somerset Tru invested in 0.03% or 1,155 shares. Benjamin F Edwards & Commerce holds 0.2% or 53,593 shares. Gradient Invs Lc reported 0.01% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Alps Advsr invested in 57,001 shares. State Treasurer State Of Michigan invested 0.11% in Micron Technology, Inc. (NASDAQ:MU). North Star Mngmt reported 1,034 shares or 0.01% of all its holdings.

Balasa Dinverno & Foltz Llc, which manages about $2.77B and $834.59M US Long portfolio, decreased its stake in Ishares Russell 1000 Growth (IWF) by 58,779 shares to 887,202 shares, valued at $134.29M in 2019Q1, according to the filing. It also reduced its holding in Penumbra Inc by 2,161 shares in the quarter, leaving it with 23,589 shares, and cut its stake in Annaly Mtg. Management.

Analysts await Canadian Solar Inc. (NASDAQ:CSIQ) to report earnings on November, 21. They expect $0.88 earnings per share, down 8.33% or $0.08 from last year’s $0.96 per share. CSIQ’s profit will be $53.67 million for 6.02 P/E if the $0.88 EPS becomes a reality. After $0.77 actual earnings per share reported by Canadian Solar Inc. for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Luminus Management Llc, which manages about $3.51B and $4.66B US Long portfolio, upped its stake in Oasis Petroleum Inc (NYSE:OAS) by 211,493 shares to 331,493 shares, valued at $2.00M in 2019Q1, according to the filing. It also increased its holding in Gran Tierra Energy Inc (NYSEMKT:GTE) by 222,245 shares in the quarter, for a total of 23.33M shares, and has risen its stake in Livent Corp.

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

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