Prudential Financial Inc. Trims Position in Synopsys, Inc. (SNPS)

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17 September, 2017

Bowling Portfolio Management Llc sold 39,402 shares as Usg Corp (USG)'s stock declined 12.55%. Usg Corp now has $4.33 billion valuation. The days to cover decreased to 2.0 and the short interest percentage is 0.01% as of August 15. It has underperformed by 37.85% the S&P500.

Meritage Portfolio Management decreased Synopsys (SNPS) stake by 47.62% reported in 2016Q4 SEC filing. Thomas Story Son Ltd Liability Company reported 1,678 shares.

The forward P/E of Synopsys, Inc.is at 22.43 signifying the uses of estimated net earnings over the next 12 months. (SNPS) by 1.93% based on its latest 2016Q4 regulatory filing with the SEC. It has outperformed by 28.95% the S&P500. Equities analysts forecast that Synopsys, Inc. will post $3.25 earnings per share for the current year.

Among 4 analysts covering Total Energy Services (TSE:TOT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Synopsys Inc. had 20 analyst reports since August 20, 2015 according to SRatingsIntel. maintained the shares of SNPS in report on Monday, October 10 with "Buy" rating. The rating was initiated by RBC Capital Markets on Monday, June 6 with "Outperform". Ifrah Financial Services Inc. increased its position in Synopsys by 1.2% in the 2nd quarter. More interesting news about Synopsys, Inc. (NASDAQ:SNPS) during the fourth quarter, Holdings Channel reports.

05/18/2017 - Synopsys, Inc. had its "buy" rating reiterated by analysts at D.A. Davidson. The firm earned "Average" rating on Friday, August 28 by Bank of America. RBC Capital Markets maintained the shares of SNPS in report on Monday, June 19 with "Buy" rating. The stock has "Outperform" rating by Credit Suisse on Wednesday, October 19.

Mitsubishi Ufj Trust & Banking Corp increased Synopsys Inc. Bnp Paribas Arbitrage Sa stated it has 0.01% in Synopsys, Inc. (NASDAQ:SNPS) on Thursday, August 18 with "Hold" rating. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, November 19. Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, October 1 report. Also, EVP Joseph W. Logan sold 5,000 shares of the stock in a transaction dated Friday, August 18th. 10,000 shares were sold by RUNKEL JOHN F JR, worth $710,000 on Friday, May 19. (NASDAQ:SNPS). Prospector Prns Limited Liability owns 9,600 shares. (NASDAQ:SNPS) was sold by CHAN CHI-FOON. DE GEUS AART also sold $18.75M worth of Synopsys, Inc. The insider SCHWARZ JOHN sold $1.53M. Their 52-Week High and Low are noted here. They expect $0.27 EPS, down 42.55% or $0.20 from last year's $0.47 per share. SNPS's profit will be $40.56 million for 74.27 P/E if the $0.27 EPS becomes a reality. Sawtooth Solutions LLC now owns 3,220 shares of the semiconductor company's stock valued at $235,000 after acquiring an additional 9 shares in the last quarter. YorkBridge Wealth Partners LLC now owns 1,487 shares of the semiconductor company's stock valued at $110,000 after buying an additional 92 shares during the last quarter. Spdr S&P Dividend Etf (SDY) was raised too.

Investors sentiment decreased to 0.84 in 2016 Q4.

As of the end of the quarter Perkins Investment Management, LLC had disposed of 1,856 shares trimming its position 0.1%. It is positive, as 30 investors sold SNPS shares while 149 reduced holdings. Vanguard Group Inc. raised its position in Synopsys by 21.6% in the first quarter. Pacer Advisors Inc. now owns 2,861 shares of the semiconductor company's stock worth $206,000 after purchasing an additional 88 shares during the period. The value of the total investment in Synopsys, Inc. increased from $122,014,000 to $149,388,000 a change of 22.4% since the last quarter. (NASDAQ:SNPS). Lpl Ltd owns 15,966 shares. Robeco Institutional Asset Management acquired 248,368 shares as Synopsys Inc (SNPS)'s stock rose 0.68%. Axa owns 46,486 shares. Ubs Asset Americas invested in 608,829 shares. (NASDAQ:SNPS). Credit Agricole S A has invested 0.18% in Synopsys, Inc. 1,614 are held by Point72 Asia (Hong Kong). Robeco Institutional Asset Mgmt Bv accumulated 1.06M shares or 0.49% of the stock. BlackRock Inc. boosted its holdings in Synopsys by 3,273.6% in the first quarter.

Want to see what other hedge funds are holding SNPS? 322,724 are held by California State Teachers Retirement. The company recorded a rise in short interest from July 31, 2017 to August 15, 2017 of 0.03%. (NASDAQ:SNPS) for 541 shares. The Massachusetts-based Wellington Gp Limited Liability Partnership has invested 0.01% in Pegasystems Inc. The semiconductor company reported $0.92 EPS for the quarter, meeting the consensus estimate of $0.92. Credit Suisse upgraded W W Grainger Inc (NYSE:GWW) on Wednesday, July 19 to "Hold" rating. Pegasystems had 14 analyst reports since September 11, 2015 according to SRatingsIntel. The rating was initiated by Citigroup with "Neutral" on Friday, August 26. This buyback authorization authorizes the semiconductor company to buy up to 4.5% of its stock through open market purchases. The stock has "Neutral" rating by UBS on Thursday, September 17. The firm has "Market Perform" rating by BMO Capital Markets given on Thursday, March 30.


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