Published: Sun, January 14, 2018
Business | By Tara Barton

Universal Display (OLED) Rating Lowered to Hold at Zacks Investment Research


The General American Investors Company Inc holds 170,709 shares with $22.00 million value, down from 185,709 last quarter. The firm has a market capitalization of $9,070.00, a price-to-earnings ratio of 93.23 and a beta of 1.07. The stock decreased 1.15% or $2.25 during the last trading session, reaching $192.6. About 818,210 shares traded. Sage Therapeutics, Inc. (NASDAQ:SAGE) has risen 116.45% since January 10, 2017 and is uptrending. It has underperformed by 19.81% the S&P500.

Electron Capital Partners Llc decreased Universal Display Corp (OLED) stake by 28.75% reported in 2017Q3 SEC filing. Tudor Investment Corp Et Al sold 6,419 shares as the company's stock rose 58.84% with the market. The hedge fund run by Glen Kacher held 230,000 shares of the electrical products company at the end of 2017Q3, valued at $29.64 million, down from 240,000 at the end of the previous reported quarter. Universal Display Corp now has $9.31 billion valuation. BNP Paribas Arbitrage SA now owns 1,536 shares of the semiconductor company's stock worth $168,000 after acquiring an additional 680 shares during the last quarter. About 3.31 million shares traded or 104.54% up from the average.

News coverage about Universal Display (NASDAQ:OLED) has been trending somewhat positive on Saturday, Accern reports. It has outperformed by 98.07% the S&P500.The move comes after 6 months negative chart setup for the $9.06B company. Spirit Of America Mgmt Ny reported 76,687 shares. It also increased its holding in Wells Fargo Co New (NYSE:WFC) by 7,522 shares in the quarter, for a total of 63,692 shares, and has risen its stake in Ishares Tr (IVV).

Investors sentiment is 0.88 in Q3 2017. Its up 0.07, from 1.2 in 2017Q2.

A number of other institutional investors have also bought and sold shares of OLED. SG Americas Securities LLC raised its position in shares of Universal Display Corporation by 244.8% in the third quarter. Manufacturers Life Insurance The reported 1,480 shares or 0% of all its holdings. Zacks Investment accumulated 59,030 shares or 0.18% of the stock. Inv Centers Of America invested 0.02% of its portfolio in Universal Display Corporation (NASDAQ:OLED). Columbus Circle Investors now owns 843,537 shares of the semiconductor company's stock valued at $108,690,000 after buying an additional 163,569 shares during the period.

Asset Mngmt One Ltd holds 2,228 shares. 1,597 are owned by Comerica Savings Bank. The stock tapped a 52-week high of US$4.9 while the mean 12-month price target for the shares is US$4.25. Moreover, Fund Mgmt Sa has 0.08% invested in Universal Display Corporation (NASDAQ:OLED) for 82,537 shares. Driehaus Cap Mngmt Ltd Liability Corp reported 0.06% in Universal Display Corporation (NASDAQ:OLED). During the same period last year, the company posted ($0.03) EPS. equities research analysts anticipate that Universal Display will post 2.33 earnings per share for the current year. Eagle Global Limited Liability Corporation holds 0.01% or 2,596 shares in its portfolio. Janney Montgomery Scott Limited Liability Com has 3,903 shares for 0.01% of their portfolio.

Reduces Position in Express Scripts Holding Company (ESRX)
Moreover, Washington Tru Natl Bank has 0.03% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 3,369 shares. Partnervest Advisory Services Ltd Co invested 0.13% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX).

Analysts await Universal Display Corporation (NASDAQ:OLED) to report earnings on February, 22. During the same period a year ago, the firm earned ($0.03) earnings per share. SAM's profit will be $10.93M for 51.26 P/E if the $0.94 EPS becomes a reality. After $0.42 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

Among 2 analysts covering Tissue Regenix Group PLC (LON:TRX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 45% are positive. Universal Display Corporation has a consensus rating of "Hold" and an average target price of $67.40. Finally, Cowen reissued an outperform rating and issued a $195.00 price objective (up from $155.00) on shares of Universal Display in a research report on Friday, November 10th. The firm has "Hold" rating given on Friday, November 3 by Needham. Also, CFO Sidney D. Rosenblatt sold 50,240 shares of the stock in a transaction on Wednesday, November 8th. The rating was initiated by Evercore on Thursday, November 30 with "Buy". As per Monday, July 31, the company rating was initiated by Summit Redstone Partners. The firm has "Buy" rating given on Monday, May 23 by Goldman Sachs. Deutsche Bank raised their price target on shares of Universal Display to $150.00 and gave the stock a buy rating in a research report on Tuesday, October 31st. (NYSE:NVR) has "Hold" rating given on Monday, May 29 by Zelman. Therefore 14% are positive. Synchrony Financial had 66 analyst reports since July 20, 2015 according to SRatingsIntel. As per Friday, April 21, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained Integrated Device Technology, Inc. (NASDAQ:SAGE) on Tuesday, June 13 with "Buy" rating. Finally, BidaskClub lowered shares of Universal Display from a "buy" rating to a "hold" rating in a research note on Wednesday, December 6th. The firm has "Buy" rating given on Tuesday, February 28 by SunTrust. The company was maintained on Monday, January 25 by Barclays Capital. Cowen & Co has "Buy" rating and $140.0 target. The stock of The Boston Beer Company, Inc. The stock has "Neutral" rating by Goldman Sachs on Friday, October 16.

Since August 10, 2017, it had 0 insider buys, and 3 insider sales for $1.45 million activity. The ex-dividend date was Thursday, December 14th. WHITE BRIAN C sold $273,558 worth of stock.

Investors sentiment decreased to 1.18 in Q3 2017. Its up 0.07, from 0.85 in 2017Q2. At present, 0 analysts call it Sell, while 5 think it is Hold. Jarislowsky Fraser Ltd reported 0% stake. National Asset Mgmt owns 1,742 shares or 0.04% of their United States portfolio. Cibc Asset Management invested in 1,590 shares. Hitchwood Management Lp accumulated 1.24% or 225,000 shares. Wesbanco Commercial Bank owns 30,371 shares.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by Week Herald and is owned by of Week Herald. Davis R M Incorporated, Maine-based fund reported 221,727 shares. Paloma Ptnrs invested 0.03% of its portfolio in Universal Display Corporation (NASDAQ:OLED). It also reduced Mohawk Inds Inc (NYSE:MHK) stake by 15,299 shares and now owns 177,876 shares.

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