Belden Inc. (BDC) Forms $85.66 Double Top; Ahl Partners Llp Has Increased Ciena (CIEN) Holding By $638,232

Ahl Partners Llp increased Ciena Corp (CIEN) stake by 67.27% reported in 2017Q3 SEC filing. Ahl Partners Llp acquired 30,392 shares as Ciena Corp (CIEN)’s stock declined 10.35%. The Ahl Partners Llp holds 75,572 shares with $1.66 million value, up from 45,180 last quarter. Ciena Corp now has $3.15B valuation. The stock increased 0.27% or $0.06 during the last trading session, reaching $21.94. About 1.87M shares traded. Ciena Corporation (NYSE:CIEN) has risen 44.43% since January 13, 2017 and is uptrending. It has outperformed by 27.73% the S&P500.

Belden Inc. (BDC) formed double top with $90.80 target or 6.00% above today’s $85.66 share price. Belden Inc. (BDC) has $3.61 billion valuation. The stock increased 2.04% or $1.71 during the last trading session, reaching $85.66. About 149,046 shares traded. Belden Inc. (NYSE:BDC) has risen 12.57% since January 13, 2017 and is uptrending. It has underperformed by 4.13% the S&P500.

Since September 7, 2017, it had 0 insider purchases, and 3 selling transactions for $1.78 million activity. Shares for $22,524 were sold by Turner Paul Keith on Thursday, September 7. Stroup John S also sold $1.46 million worth of Belden Inc. (NYSE:BDC) shares.

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.18, from 1 in 2017Q2. It improved, as 20 investors sold Belden Inc. shares while 69 reduced holdings. 33 funds opened positions while 72 raised stakes. 43.50 million shares or 2.17% more from 42.57 million shares in 2017Q2 were reported. Advantus Capital Mngmt has 0.01% invested in Belden Inc. (NYSE:BDC) for 5,301 shares. Parametric Port Assocs invested 0.01% of its portfolio in Belden Inc. (NYSE:BDC). 94,534 are owned by Nationwide Fund. Hgk Asset Mgmt holds 0.11% or 9,626 shares. 3,972 are owned by Hm Cap. Whittier Tru Company has 2,045 shares. Arizona State Retirement holds 0.02% or 23,956 shares in its portfolio. Comml Bank Of America De owns 249,062 shares or 0% of their US portfolio. California State Teachers Retirement Systems has invested 0.01% in Belden Inc. (NYSE:BDC). Credit Agricole S A reported 1,252 shares. Illinois-based Prudential Public Ltd Company has invested 0.12% in Belden Inc. (NYSE:BDC). Oregon Pub Employees Retirement Fund has 15,584 shares for 0.02% of their portfolio. State Of Tennessee Treasury Department stated it has 0.04% in Belden Inc. (NYSE:BDC). 84,871 were reported by Comerica Fincl Bank. Prescott Group Mgmt Ltd Liability Com accumulated 47,131 shares.

Analysts await Belden Inc. (NYSE:BDC) to report earnings on February, 1. They expect $1.77 EPS, up 24.65% or $0.35 from last year’s $1.42 per share. BDC’s profit will be $74.66 million for 12.10 P/E if the $1.77 EPS becomes a reality. After $1.49 actual EPS reported by Belden Inc. for the previous quarter, Wall Street now forecasts 18.79% EPS growth.

Among 13 analysts covering Belden Inc. (NYSE:BDC), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Belden Inc. had 24 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was initiated by Guggenheim on Tuesday, July 11 with “Buy”. The rating was maintained by Stifel Nicolaus on Thursday, July 6 with “Buy”. Canaccord Genuity maintained Belden Inc. (NYSE:BDC) on Wednesday, August 16 with “Buy” rating. The firm has “Hold” rating given on Wednesday, October 11 by SunTrust. On Friday, December 1 the stock rating was downgraded by Cross Research to “Hold”. Goldman Sachs initiated the stock with “Buy” rating in Friday, June 23 report. The rating was initiated by JP Morgan with “Neutral” on Monday, February 13. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, December 8. Deutsche Bank maintained it with “Buy” rating and $92 target in Thursday, August 3 report. The stock of Belden Inc. (NYSE:BDC) has “Buy” rating given on Friday, July 31 by TheStreet.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.26, from 1.26 in 2017Q2. It is negative, as 46 investors sold CIEN shares while 79 reduced holdings. 31 funds opened positions while 94 raised stakes. 148.04 million shares or 3.07% more from 143.63 million shares in 2017Q2 were reported. The Connecticut-based Verition Fund Mgmt Ltd Limited Liability Company has invested 0.02% in Ciena Corporation (NYSE:CIEN). Automobile Association owns 221,522 shares. Td Asset invested 0% of its portfolio in Ciena Corporation (NYSE:CIEN). Pnc Financial Grp reported 19,573 shares. Moreover, Capstone Investment Advsrs Ltd Liability Corporation has 0.01% invested in Ciena Corporation (NYSE:CIEN). Ubs Oconnor Limited Liability invested in 0.08% or 155,000 shares. Cornerstone Advsr reported 199 shares or 0% of all its holdings. Retirement Of Alabama reported 683,402 shares. Susquehanna Llp holds 0% or 438,951 shares. Schwab Charles Investment Management holds 899,345 shares or 0.02% of its portfolio. Profund Lc owns 20,288 shares. Meiji Yasuda Asset Management Ltd reported 0.03% in Ciena Corporation (NYSE:CIEN). Fincl Mgmt Professionals owns 1,000 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Ciena Corporation (NYSE:CIEN). Wellington Shields Capital Limited Co owns 47,200 shares.

Since August 10, 2017, it had 0 insider purchases, and 43 selling transactions for $2.94 million activity. MOYLAN JAMES E JR had sold 2,000 shares worth $49,300 on Thursday, August 10. $27,022 worth of Ciena Corporation (NYSE:CIEN) was sold by PETRIK ANDREW C. $11,140 worth of Ciena Corporation (NYSE:CIEN) was sold by HAMILTON RICK. 2,500 shares were sold by ALEXANDER STEPHEN B, worth $53,914 on Monday, October 16. On Friday, December 15 the insider McFeely Scott sold $21,310. 8,000 shares were sold by SMITH GARY B, worth $171,062 on Thursday, December 14. On Thursday, September 21 Rothenstein David M sold $43,180 worth of Ciena Corporation (NYSE:CIEN) or 2,032 shares.

Ahl Partners Llp decreased Marriott Vacations Wrldwde C (NYSE:VAC) stake by 95,008 shares to 11,889 valued at $1.48M in 2017Q3. It also reduced Churchill Downs Inc (NASDAQ:CHDN) stake by 43,425 shares and now owns 18,177 shares. Netapp Inc (NASDAQ:NTAP) was reduced too.

Among 23 analysts covering Ciena (NYSE:CIEN), 19 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Ciena had 79 analyst reports since August 18, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Monday, December 14 report. Drexel Hamilton upgraded Ciena Corporation (NYSE:CIEN) on Thursday, June 1 to “Buy” rating. Stifel Nicolaus maintained Ciena Corporation (NYSE:CIEN) on Thursday, December 7 with “Buy” rating. The firm has “Buy” rating by BMO Capital Markets given on Friday, April 28. Citigroup maintained it with “Neutral” rating and $24 target in Friday, September 2 report. The firm has “Buy” rating by William Blair given on Friday, June 2. Northland Capital maintained Ciena Corporation (NYSE:CIEN) rating on Friday, September 1. Northland Capital has “Buy” rating and $30.0 target. The firm has “Neutral” rating by Goldman Sachs given on Thursday, March 16. Cowen & Co maintained the shares of CIEN in report on Monday, July 10 with “Buy” rating. Morgan Stanley upgraded Ciena Corporation (NYSE:CIEN) rating on Tuesday, January 12. Morgan Stanley has “Overweight” rating and $23 target.

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: