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Profit Investment Management Upped Stake in Plantronics New (PLT) by $689,880; As Chesapeake Energy (CHK) Share Price Declined, Holder Horseman Capital Management LTD Trimmed Its Stake

Plantronics, Inc. (NYSE:PLT) Logo

Profit Investment Management Llc increased its stake in Plantronics Inc New (PLT) by 28.25% based on its latest 2018Q3 regulatory filing with the SEC. Profit Investment Management Llc bought 11,498 shares as the company’s stock declined 37.52% with the market. The institutional investor held 52,199 shares of the public utilities company at the end of 2018Q3, valued at $3.15 million, up from 40,701 at the end of the previous reported quarter. Profit Investment Management Llc who had been investing in Plantronics Inc New for a number of months, seems to be bullish on the $1.42B market cap company. The stock decreased 1.60% or $0.58 during the last trading session, reaching $35.78. About 108,391 shares traded. Plantronics, Inc. (NYSE:PLT) has declined 23.74% since December 17, 2017 and is downtrending. It has underperformed by 23.74% the S&P500. Some Historical PLT News: 29/03/2018 – S&PGR: Plantronics Rtgs On Watch Neg On Polycom Buy Plan; 28/03/2018 – PLANTRONICS – INTENDS TO FUND CASH PORTION OF DEAL CONSIDERATION WITH CASH ON HAND AND APPROXIMATELY $1.375 BLN IN NEW, FULLY-COMMITTED DEBT FINANCING; 28/03/2018 – PLANTRONICS TO BUY POLYCOM FOR $2B; 28/03/2018 – Plantronics said it would buy Polycom in a deal valued at $2 billion. via @cnbctech; 11/05/2018 – MOODY’S CONFIRMS PLANTRONICS Ba2 RATING; OUTLOOK REVISED TO NEG; 28/03/2018 – Plantronics To Acquire Polycom For $2 Billion; 28/03/2018 – PLANTRONICS INC – TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES; 11/05/2018 – Moody’s Confirms Plantronics Ba2 Rating; Outlook Revised To Negative; 28/03/2018 – PLANTRONICS INC – DEAL EXPECTED TO BE IMMEDIATELY ACCRETIVE TO NON-GAAP EPS; 01/05/2018 – Plantronics Sees 1Q Adj EPS 66c-Adj EPS 78c

Horseman Capital Management Ltd decreased its stake in Chesapeake Energy Corp (CHK) by 39.13% based on its latest 2018Q3 regulatory filing with the SEC. Horseman Capital Management Ltd sold 542,000 shares as the company’s stock declined 35.05% with the market. The hedge fund held 843,000 shares of the oil & gas production company at the end of 2018Q3, valued at $3.79 million, down from 1.39M at the end of the previous reported quarter. Horseman Capital Management Ltd who had been investing in Chesapeake Energy Corp for a number of months, seems to be less bullish one the $2.93B market cap company. The stock increased 2.36% or $0.055 during the last trading session, reaching $2.385. About 9.23 million shares traded. Chesapeake Energy Corporation (NYSE:CHK) has declined 28.38% since December 17, 2017 and is downtrending. It has underperformed by 28.38% the S&P500. Some Historical CHK News: 08/03/2018 – Houston-Based Tellurian Has Held Talks With Other Producers With Haynesville Assets; 16/05/2018 – Chesapeake Almost Missed Out on Its Wyoming Oil Play (Correct); 03/05/2018 – ENVIVA PARTNERS LP – EXPECT SUBSTANTIALLY ALL OF UNRECOVERED COSTS RESULTING FROM CHESAPEAKE INCIDENT WILL BE RECOVERABLE IN SUBSEQUENT QUARTERS; 28/03/2018 – CHESAPEAKE: CUTTING DRILLING COSTS IN TURNER SECTION OF PRB; 03/05/2018 – ENVIVA PARTNERS – SPECIFIC QUARTERLY TIMING OF SHIPMENTS MAY BE AFFECTED DUE TO CHESAPEAKE INCIDENT; 08/03/2018 – Chesapeake’s Louisiana Fields Located in Haynesville Shale Formation; 17/04/2018 – Fitch Rates Chesapeake Funding II LLC, Series 2018-1; 03/04/2018 – FITCH SEES TO RATE CHESAPEAKE FUNDING II LLC, SERIES 2018-1;; 09/04/2018 – PA DEP: ADVISORY – TUESDAY – Building a Community Clean Water Toolbox in Pennsylvania’s Chesapeake Bay Watershed Counties; 23/03/2018 – Moody’s Assigns Baa3 To Ports America Chesapeake’s 2017 Bonds, Stable Outlook

Since July 2, 2018, it had 0 insider buys, and 7 sales for $683,088 activity. SARKAR SHANTANU had sold 31 shares worth $1,908 on Monday, November 5. Another trade for 2,800 shares valued at $126,185 was sold by LOEBBAKA JEFF.

More notable recent Plantronics, Inc. (NYSE:PLT) news were published by: Benzinga.com which released: “5 Stocks To Watch For November 26, 2018 – Benzinga” on November 26, 2018, also Benzinga.com with their article: “21 Stocks Moving In Monday’s Pre-Market Session – Benzinga” published on November 26, 2018, Globenewswire.com published: “Plantronics Announces Expansion of Stock Repurchase Program – GlobeNewswire” on November 29, 2018. More interesting news about Plantronics, Inc. (NYSE:PLT) were released by: Globenewswire.com and their article: “Plantronics Habitat Soundscaping Solution to Transform the New York City Dimension Data Office into a Productivity Center – GlobeNewswire” published on December 04, 2018 as well as Benzinga.com‘s news article titled: “Logitech (NASDAQ:LOGI) Drops Acquisition Talks With Plantronics (NYSE:PLT) – Benzinga” with publication date: November 26, 2018.

Among 6 analysts covering Plantronics (NYSE:PLT), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Plantronics had 22 analyst reports since January 15, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 28 by Roth Capital. J.P. Morgan downgraded the stock to “Hold” rating in Friday, July 28 report. The rating was maintained by Northland Capital with “Buy” on Wednesday, January 31. Northland Capital maintained it with “Buy” rating and $6000 target in Monday, July 24 report. The firm has “Overweight” rating given on Friday, January 15 by JP Morgan. Northland Capital maintained the stock with “Buy” rating in Thursday, January 11 report. Raymond James upgraded the shares of PLT in report on Wednesday, May 4 to “Market Perform” rating. JP Morgan upgraded the stock to “Overweight” rating in Monday, January 18 report. Northland Capital maintained it with “Buy” rating and $57.0 target in Monday, September 11 report. On Wednesday, October 18 the stock rating was maintained by Northland Capital with “Buy”.

Investors sentiment increased to 1.3 in Q3 2018. Its up 0.16, from 1.14 in 2018Q2. It improved, as 24 investors sold PLT shares while 59 reduced holdings. 47 funds opened positions while 61 raised stakes. 30.99 million shares or 3.60% more from 29.91 million shares in 2018Q2 were reported. Comerica National Bank & Trust reported 0.02% of its portfolio in Plantronics, Inc. (NYSE:PLT). First Manhattan, a New York-based fund reported 8 shares. Chicago Equity Prtn Ltd Liability owns 61,005 shares. Balyasny Asset Mngmt Lc reported 0.01% stake. Jacobs Levy Equity Mgmt, New Jersey-based fund reported 53,620 shares. Profit Invest Management Limited Liability Company invested in 2.34% or 52,199 shares. Point72 Asset Management Lp accumulated 36,300 shares or 0.01% of the stock. National Bank Of Mellon, a New York-based fund reported 476,699 shares. Citigroup reported 17,100 shares. Bluemountain Mngmt Ltd Llc invested in 0.02% or 21,569 shares. Parallax Volatility Advisers Lp owns 323 shares. New York-based Lazard Asset Mngmt Lc has invested 0% in Plantronics, Inc. (NYSE:PLT). Trellus Ltd Liability Corporation stated it has 1.53% of its portfolio in Plantronics, Inc. (NYSE:PLT). Gabelli Funds Ltd accumulated 0% or 10,000 shares. France-based Capital Fund Management Sa has invested 0% in Plantronics, Inc. (NYSE:PLT).

Among 34 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 8 have Buy rating, 10 Sell and 16 Hold. Therefore 24% are positive. Chesapeake Energy Corporation had 107 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, June 26, the company rating was maintained by BMO Capital Markets. As per Tuesday, January 26, the company rating was maintained by Susquehanna. The firm has “Hold” rating by Stephens given on Tuesday, April 24. On Thursday, March 30 the stock rating was maintained by Wunderlich with “Buy”. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by Susquehanna on Monday, March 5. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Buy” rating by SunTrust on Tuesday, January 2. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by Deutsche Bank on Tuesday, June 14. The firm earned “Neutral” rating on Tuesday, December 20 by Mizuho. The firm has “Neutral” rating given on Friday, October 21 by Nomura. The rating was downgraded by JP Morgan to “Underweight” on Friday, December 7.

Horseman Capital Management Ltd, which manages about $424.79 million US Long portfolio, upped its stake in Barclays Bk Plc by 34,100 shares to 318,000 shares, valued at $8.48M in 2018Q3, according to the filing.

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on February, 28. They expect $0.15 earnings per share, down 50.00% or $0.15 from last year’s $0.3 per share. CHK’s profit will be $184.03 million for 3.98 P/E if the $0.15 EPS becomes a reality. After $0.19 actual earnings per share reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts -21.05% negative EPS growth.

Investors sentiment increased to 1.11 in 2018 Q3. Its up 0.01, from 1.1 in 2018Q2. It is positive, as 31 investors sold CHK shares while 100 reduced holdings. 57 funds opened positions while 88 raised stakes. 541.62 million shares or 4.71% more from 517.26 million shares in 2018Q2 were reported. Brookstone Cap Mgmt holds 0.01% in Chesapeake Energy Corporation (NYSE:CHK) or 15,320 shares. Bessemer Grp reported 0% stake. Brave Asset Mngmt holds 0.06% in Chesapeake Energy Corporation (NYSE:CHK) or 26,450 shares. 2.76 million were reported by Ameriprise Financial. Federated Investors Inc Pa reported 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). First Interstate Fincl Bank has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Parkside Financial Bank And Trust, a Missouri-based fund reported 192 shares. Moreover, Ftb Advsrs Inc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). Gotham Asset Mngmt Ltd Llc reported 0.01% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Lourd Capital Llc accumulated 36,089 shares. Dekabank Deutsche Girozentrale holds 0% or 35,342 shares. Barclays Public Ltd Com owns 2.11 million shares. Prudential Financial owns 2.73M shares or 0.02% of their US portfolio. Aqr Management Ltd Limited Liability Company stated it has 13.90 million shares or 0.07% of all its holdings. Hsbc Public Ltd owns 515,924 shares.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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