Coherent (COHR) Holder Terril Brothers Boosted Its Holding by $10.30 Million; Minerva Advisors Raised Its Computer Task Group (CTG) Position

Computer Task Group, Incorporated (NASDAQ:CTG) Logo

Minerva Advisors Llc increased its stake in Computer Task Group Inc (CTG) by 7.77% based on its latest 2018Q3 regulatory filing with the SEC. Minerva Advisors Llc bought 83,353 shares as the company’s stock declined 23.20% with the market. The hedge fund held 1.16M shares of the technology company at the end of 2018Q3, valued at $6.04M, up from 1.07 million at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Computer Task Group Inc for a number of months, seems to be bullish on the $60.41 million market cap company. The stock decreased 0.47% or $0.02 during the last trading session, reaching $4.23. About 18,617 shares traded. Computer Task Group, Incorporated (NASDAQ:CTG) has declined 16.93% since February 10, 2018 and is downtrending. It has underperformed by 16.93% the S&P500. Some Historical CTG News: 17/04/2018 – Computer Task Group, Incorporated Announces Preliminary Results of its Modified “Dutch Auction” Tender Offer; 19/04/2018 – Computer Task Sees 2018 Adj EPS 30c-Adj EPS 42c; 30/05/2018 – CTG Announces EIM Advantage™ Solution; 20/03/2018 – Computer Task to Recommend Eliminating Its Classified Bd Structure, Transitioning to Single Class of Directors to Be Elected Annuall; 19/04/2018 – COMPUTER TASK GROUP INC – INITIATED INTEGRATION OF ACCRETIVE SOFT COMPANY ACQUISITION; 17/04/2018 – Computer Task Group, Incorporated Announces Preliminary Results of its Modified “Dutch Auction” Tender Offer; 13/04/2018 – COMPUTER TASK GROUP – AMENDMENT AMENDS RESTRICTED PAYMENTS OF CREDIT AGREEMENT DURING ANY PERIOD OF 24 CONSECUTIVE MONTHS ENDING ON OR PRIOR APRIL 13; 17/04/2018 – Computer Task Expects Aggregate Cost of $13.4 Million; 20/03/2018 – CTG – IF SHAREHOLDERS APPROVE PROPOSAL, DIRECTORS ELECTED ON OR AFTER 2021 ANNUAL MEETING OF SHAREHOLDERS WILL BE SUBJECT TO ANNUAL ELECTIONS; 20/04/2018 – Computer Task Group, Incorporated Announces Final Results of its Modified “Dutch Auction” Tender Offer

Terril Brothers Inc increased its stake in Coherent Inc (COHR) by 104.33% based on its latest 2018Q3 regulatory filing with the SEC. Terril Brothers Inc bought 59,878 shares as the company’s stock declined 33.04% with the market. The institutional investor held 117,271 shares of the capital goods company at the end of 2018Q3, valued at $20.19 million, up from 57,393 at the end of the previous reported quarter. Terril Brothers Inc who had been investing in Coherent Inc for a number of months, seems to be bullish on the $2.94B market cap company. The stock increased 0.98% or $1.17 during the last trading session, reaching $121.01. About 366,386 shares traded. Coherent, Inc. (NASDAQ:COHR) has declined 58.74% since February 10, 2018 and is downtrending. It has underperformed by 58.74% the S&P500.

Among 8 analysts covering Coherent (NASDAQ:COHR), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Coherent had 37 analyst reports since August 3, 2015 according to SRatingsIntel. As per Tuesday, October 9, the company rating was downgraded by Longbow. Northcoast maintained it with “Buy” rating and $314.0 target in Monday, February 12 report. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, February 8 report. The firm has “Overweight” rating by Barclays Capital given on Tuesday, October 23. Stifel Nicolaus maintained Coherent, Inc. (NASDAQ:COHR) rating on Wednesday, November 8. Stifel Nicolaus has “Buy” rating and $330 target. Benchmark maintained Coherent, Inc. (NASDAQ:COHR) rating on Thursday, November 10. Benchmark has “Buy” rating and $125 target. The rating was maintained by Stifel Nicolaus on Friday, January 29 with “Buy”. Susquehanna maintained it with “Buy” rating and $310.0 target in Thursday, February 8 report. The rating was maintained by Stifel Nicolaus on Thursday, May 10 with “Buy”. Stifel Nicolaus maintained the shares of COHR in report on Friday, July 27 with “Buy” rating.

Terril Brothers Inc, which manages about $324.38M US Long portfolio, decreased its stake in Nxp Semiconductors N V (NASDAQ:NXPI) by 6,219 shares to 242,587 shares, valued at $20.74M in 2018Q3, according to the filing.

Investors sentiment decreased to 0.84 in Q3 2018. Its down 0.01, from 0.85 in 2018Q2. It dropped, as 43 investors sold COHR shares while 89 reduced holdings. 45 funds opened positions while 66 raised stakes. 23.30 million shares or 5.66% more from 22.05 million shares in 2018Q2 were reported. Liberty Mutual Gp Asset Management holds 4,953 shares or 0.02% of its portfolio. Fmr Ltd Liability has 24,153 shares. Boston Family Office Limited Liability has invested 0.05% in Coherent, Inc. (NASDAQ:COHR). Lsv Asset, Illinois-based fund reported 87,300 shares. Sterling Cap Management Limited stated it has 338,737 shares or 0.53% of all its holdings. Becker Capital Mgmt accumulated 140,930 shares or 0.77% of the stock. Bb&T owns 20,193 shares. Teacher Retirement Systems Of Texas owns 2,931 shares. Paradigm Asset Mngmt Co Ltd has invested 0% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Employees Retirement System Of Texas holds 0.03% or 14,000 shares. Manufacturers Life The holds 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR) for 40,256 shares. Janney Montgomery Scott Limited Liability Corp holds 3,421 shares or 0.01% of its portfolio. State Street Corp invested in 618,011 shares. Snyder Mngmt Lp, California-based fund reported 102,163 shares. Enterprise Finance Services holds 0% or 14 shares.

Since August 14, 2018, it had 0 insider buys, and 1 insider sale for $60,799 activity. $2.36M worth of stock was sold by SOBEY MARK STEWART on Tuesday, August 14.

More notable recent Coherent, Inc. (NASDAQ:COHR) news were published by: Nasdaq.com which released: “Earnings Reaction History: Coherent Inc., 62.5% Follow-Through Indicator, 11.0% Sensitive – Nasdaq” on January 29, 2019, also Seekingalpha.com with their article: “Why Coherent Trades At A Steep Discount – Seeking Alpha” published on November 26, 2018, Nasdaq.com published: “Is Coherent Stock a Buy? – Nasdaq” on October 24, 2018. More interesting news about Coherent, Inc. (NASDAQ:COHR) were released by: Nasdaq.com and their article: “New Strong Sell Stocks for February 4th – Nasdaq” published on February 04, 2019 as well as Seekingalpha.com‘s news article titled: “Coherent -10% on Q2 outlook, Needham downgrade – Seeking Alpha” with publication date: January 30, 2019.

More notable recent Computer Task Group, Incorporated (NASDAQ:CTG) news were published by: Globenewswire.com which released: “Covenant Transportation Group Chairman and CEO Reinstates 10b5-1 Trading Plan – GlobeNewswire” on November 09, 2018, also Globenewswire.com with their article: “Computer Task Group, Incorporated Announces Final Results of its Modified “Dutch Auction” Tender Offer – GlobeNewswire” published on April 20, 2018, Globenewswire.com published: “Covenant Transportation Group Announces Expectations Concerning Second Quarter Financial Results – GlobeNewswire” on June 05, 2018. More interesting news about Computer Task Group, Incorporated (NASDAQ:CTG) were released by: Seekingalpha.com and their article: “Computer Task Group: Buy This Turnaround – Seeking Alpha” published on February 27, 2018 as well as Globenewswire.com‘s news article titled: “CTG Announces Acquisition of SOFT COMPANY Nasdaq:CTG – GlobeNewswire” with publication date: February 15, 2018.

Investors sentiment increased to 1.35 in 2018 Q3. Its up 0.51, from 0.84 in 2018Q2. It increased, as 2 investors sold CTG shares while 15 reduced holdings. 12 funds opened positions while 11 raised stakes. 7.45 million shares or 4.18% more from 7.15 million shares in 2018Q2 were reported. Panagora Asset Mgmt Inc reported 6,365 shares. Dimensional Fund Advisors Lp invested 0% in Computer Task Group, Incorporated (NASDAQ:CTG). Spark Invest Management Ltd Liability Corporation reported 10,308 shares or 0% of all its holdings. Zacks Inv accumulated 11,340 shares. Gsa Capital Partners Limited Liability Partnership holds 15,600 shares. California Pub Employees Retirement System invested in 17,772 shares. Northern Tru invested in 66,241 shares. Vanguard Group Inc Inc holds 0% or 595,918 shares. The United Kingdom-based Barclays Public Limited Co has invested 0% in Computer Task Group, Incorporated (NASDAQ:CTG). Acadian Asset Mngmt Lc holds 257,156 shares. 362 are owned by Savings Bank Of America De. Macquarie Ltd reported 22,238 shares. Moreover, Deutsche Savings Bank Ag has 0% invested in Computer Task Group, Incorporated (NASDAQ:CTG) for 148,386 shares. Geode Capital Ltd Co holds 0% of its portfolio in Computer Task Group, Incorporated (NASDAQ:CTG) for 74,797 shares. Ancora Advsrs Lc invested 0.03% in Computer Task Group, Incorporated (NASDAQ:CTG).

Computer Task Group, Incorporated (NASDAQ:CTG) Institutional Positions Chart

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