Bp Wealth Management Has Trimmed Alibaba (BABA) Stake by $2.80 Million as Share Price Rose; As Synaptics (SYNA) Share Price Declined, First Midwest Bank Trust Division Has Upped Its Stake by $2.20 Million

Synaptics Incorporated (NASDAQ:SYNA) Logo

Bp Wealth Management Llc decreased its stake in Alibaba (BABA) by 57.09% based on its latest 2019Q1 regulatory filing with the SEC. Bp Wealth Management Llc sold 15,407 shares as the company’s stock rose 4.84% with the market. The institutional investor held 11,578 shares of the business services company at the end of 2019Q1, valued at $2.11 million, down from 26,985 at the end of the previous reported quarter. Bp Wealth Management Llc who had been investing in Alibaba for a number of months, seems to be less bullish one the $437.22B market cap company. The stock increased 1.71% or $2.84 during the last trading session, reaching $169.39. About 9.39M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has declined 10.59% since July 12, 2018 and is downtrending. It has underperformed by 15.02% the S&P500. Some Historical BABA News: 04/04/2018 – Tencent vs. Alibaba: Battle extends to bikes and food delivery; 12/04/2018 – Esri and Alibaba Cloud Working Together to Bring Enhanced Location Intelligence Technology to Cloud Users; 19/03/2018 – ALIBABA TO INVEST ANOTHER $2 BILLION IN LAZADA FOR EXPANSION; 24/04/2018 – Paytm in talks to buy Indian portal TicketNew from Alibaba Pictures, sources say; 26/04/2018 – CHANOS SAYS HE’S NO LONGER SHORT ALIBABA; 02/04/2018 – ALIBABA BUYS ELE.ME IN DEAL THAT IMPLIES $9.5B ENTERPRISE VALUE; 17/05/2018 – Seven Ages, China’s Leading Musical Production Company, Announces B+ Financing from the Alibaba Live Entertainment Business Group; 17/04/2018 – KBS Fashion Group Limited Announces Signing of Cooperative Agreement to Open Amazon and Alibaba Express Online Stores; 30/05/2018 – Alibaba’s Joe Tsai: A lot of people are trying to stop China from upgrading its tech, including Sen. Mark Warner #CodeCon; 18/03/2018 – Alibaba: Lazada Chairwoman Lucy Peng Will Assume Additional Role of CEO

First Midwest Bank Trust Division increased its stake in Synaptics Inc (SYNA) by 77.26% based on its latest 2019Q1 regulatory filing with the SEC. First Midwest Bank Trust Division bought 56,436 shares as the company’s stock declined 20.88% while stock markets rallied. The institutional investor held 129,479 shares of the edp services company at the end of 2019Q1, valued at $5.15 million, up from 73,043 at the end of the previous reported quarter. First Midwest Bank Trust Division who had been investing in Synaptics Inc for a number of months, seems to be bullish on the $1.07B market cap company. The stock increased 1.70% or $0.52 during the last trading session, reaching $31.13. About 162,145 shares traded. Synaptics Incorporated (NASDAQ:SYNA) has declined 23.13% since July 12, 2018 and is downtrending. It has underperformed by 27.56% the S&P500. Some Historical SYNA News: 09/05/2018 – Synaptics 3Q Adj EPS 92c; 27/04/2018 – NY WARN NOTICES FOR SYNAPTICS AFFECTS 40 ON PLANT CLOSING; 16/05/2018 – Synaptics Clear ID Named Component of the Year by Society for Information Display; 09/05/2018 – Synaptics 3Q Rev $394M; 26/03/2018 – Synaptics Short-Interest Ratio Rises 31% to 16 Days; 16/05/2018 – Synaptics Presenting at JPMorgan Conference Tomorrow; 31/05/2018 – Synaptics’ Award-Winning Clear ID Optical In-Display Fingerprint Sensors Featured on New Xiaomi Mi8 Smartphones; 27/04/2018 – NY Warn Notices: 4 / 27 / 2018 – Synaptics Incorporated – Finger Lakes Region; 10/04/2018 – Synaptics Short-Interest Ratio Rises 8.3% to 18 Days; 11/04/2018 – Synaptics Closes Above 50-Day Moving Average: Technicals

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Alibaba: Maturing Core Segments’ Growth And Profitability Are Declining With Heavy Investment Leading To Losses – Seeking Alpha” on June 17, 2019, also Nasdaq.com with their article: “Tuesday’s Vital Data: Twitter, Alibaba and Micron – Nasdaq” published on July 02, 2019, Finance.Yahoo.com published: “Alibaba Group IPO: Is it Coming to the Hong Kong Stock Exchange? – Yahoo Finance” on July 03, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Benzinga.com and their article: “China’s Parcel Industry Still In High-Growth Mode Despite Macro Backdrop – Benzinga” published on June 24, 2019 as well as Fool.com‘s news article titled: “Nope, Pinduoduo Isn’t a Bigger E-Commerce Player Than JD.com – The Motley Fool” with publication date: July 07, 2019.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on August, 22. They expect $1.13 earnings per share, up 71.21% or $0.47 from last year’s $0.66 per share. BABA’s profit will be $2.92B for 37.48 P/E if the $1.13 EPS becomes a reality. After $0.88 actual earnings per share reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 28.41% EPS growth.

Bp Wealth Management Llc, which manages about $4.49B and $2.53 billion US Long portfolio, upped its stake in Coca Cola (NYSE:KO) by 38,829 shares to 454,707 shares, valued at $21.31 million in 2019Q1, according to the filing. It also increased its holding in Booking Holdings by 3,144 shares in the quarter, for a total of 3,977 shares, and has risen its stake in Costco Wholesale (NASDAQ:COST).

More notable recent Synaptics Incorporated (NASDAQ:SYNA) news were published by: Streetinsider.com which released: “Synaptics (SYNA) Deal With Dialog Is More Likely Today – Needham – StreetInsider.com” on March 27, 2019, also Nasdaq.com with their article: “Synaptics (SYNA) in Focus: Stock Moves 5.4% Higher – Nasdaq” published on April 01, 2019, Globenewswire.com published: “Synaptics Reports Results for Second Quarter Fiscal 2019 – GlobeNewswire” on February 07, 2019. More interesting news about Synaptics Incorporated (NASDAQ:SYNA) were released by: Nasdaq.com and their article: “SYNA Crosses Above Key Moving Average Level – Nasdaq” published on March 04, 2019 as well as Globenewswire.com‘s news article titled: “Synaptics OLED DDICs, Touch Controllers Featured in Huawei Mate 20 Pro – GlobeNewswire” with publication date: October 16, 2018.

Investors sentiment is 1.1 in 2019 Q1. Its the same as in 2018Q4. It is the same, as 18 investors sold SYNA shares while 59 reduced holdings. only 32 funds opened positions while 53 raised stakes. 32.70 million shares or 1.52% less from 33.21 million shares in 2018Q4 were reported. Ny State Common Retirement Fund has 0% invested in Synaptics Incorporated (NASDAQ:SYNA). 1.28 million were reported by Fisher Asset Mngmt Limited. Pennsylvania-based Vanguard Group has invested 0.01% in Synaptics Incorporated (NASDAQ:SYNA). Jane Street Group Limited Co has invested 0% in Synaptics Incorporated (NASDAQ:SYNA). Contrarius Invest Mngmt Ltd has 123,735 shares for 0.26% of their portfolio. Focused Wealth Mngmt accumulated 200 shares. Thrivent Fin For Lutherans, a Minnesota-based fund reported 8,964 shares. Da Davidson And Communications stated it has 34,195 shares. 9,704 were accumulated by Proshare Advisors Limited Liability Com. Pnc Fincl Grp Incorporated Inc invested in 0% or 1,321 shares. Stifel Corporation has invested 0% of its portfolio in Synaptics Incorporated (NASDAQ:SYNA). Arrowmark Colorado Liability Co accumulated 294,000 shares. Great West Life Assurance Communications Can holds 0% of its portfolio in Synaptics Incorporated (NASDAQ:SYNA) for 20,515 shares. Blackrock holds 0.01% or 4.66 million shares in its portfolio. Robeco Institutional Asset Management Bv holds 0% or 4,638 shares.

First Midwest Bank Trust Division, which manages about $735.28 million US Long portfolio, decreased its stake in Ishares Tr (IVW) by 38,915 shares to 11,398 shares, valued at $1.96M in 2019Q1, according to the filing. It also reduced its holding in Ishares Tr (ACWI) by 25,549 shares in the quarter, leaving it with 8,817 shares, and cut its stake in Boeing Co (NYSE:BA).

Synaptics Incorporated (NASDAQ:SYNA) Institutional Positions Chart

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