*Globeflex Capital LP Maintains Stake in Coherent INC (COHR)

May 16, 2018 - By Gwen Gough

Coherent, Inc. (NASDAQ:COHR) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.02. That’s change of 0.01, from 2017Q3’s 1.03. 43 investors sold all, 111 reduced holdings as COHR ratio dropped. 97 rose stakes while 60 funds acquired stakes. Funds hold 22.70 million shares thus 2.26% less from 2017Q3’s 23.23 million shares. Loring Wolcott Coolidge Fiduciary Llp Ma stated it has 0% of its capital in Coherent, Inc. (NASDAQ:COHR). Sg Americas Ltd Co reported 4,309 shs or 0.01% of all its holdings. Price T Rowe Assocs Md owns 0.1% invested in Coherent, Inc. (NASDAQ:COHR) for 2.25 million shs. Schwab Charles Inc invested in 0.03% or 132,607 shs. First Interstate Commercial Bank holds 720 shs. Century Cos has invested 0% in Coherent, Inc. (NASDAQ:COHR). New Mexico Educational Retirement Board has invested 0.07% in Coherent, Inc. (NASDAQ:COHR). Shellback Limited Partnership owns 92,774 shs for 1.95% of their capital. Great West Life Assurance Company Can has 45,805 shs for 0.03% of their capital. Neumeier Poma Invest Counsel Limited has invested 1.84% of its capital in Coherent, Inc. (NASDAQ:COHR). Lpl Limited Liability Company holds 0% or 4,798 shs. Guggenheim Capital Ltd Llc owns 45,717 shs or 0.03% of their US capital. Amundi Pioneer Asset Mngmt holds 0.02% of its capital in Coherent, Inc. (NASDAQ:COHR) for 47,767 shs. State Of Alaska Department Of Revenue has invested 0.01% in Coherent, Inc. (NASDAQ:COHR). California State Teachers Retirement Sys stated it has 38,761 shs or 0.02% of all its holdings.

COHR registered $517,735 net activity with 0 buys and 2 sales since January 4, 2018. Another trade for 1,372 shs valued at $411,600 was made by Sechrist Paul F on Thursday, January 4.

Based on the latest 2017Q4 regulatory filing with the SEC, Globeflex Capital LP decreased its stake in Coherent Inc (COHR) by 87.11%. The company’s stock declined 35.76% with the market as Globeflex Capital LP sold 14,253 shares. The capital goods company at the end of 2017Q4 was priced at $595,000. It’s down from 16,362 at the end of the previous reported quarter. Now it had 2,109 shares held by the institutional investor . Globeflex Capital LP has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

On August, 7. Investors expect Coherent, Inc. (NASDAQ:COHR) to publish its quarterly earnings, as reported by RTT. The earnings per share diference is $0.24 or 7.14 % up from last years number. Previous year: $3.36; Analysts forcast: $3.60. If COHR’s EPS is $3.60 the profit will reach $89.55M for 12.43 P/E. Last quarter $3.37 earnings per share was reported. Analysts predicts 6.82 % EPS growth this quarter.

For more Coherent, Inc. (NASDAQ:COHR) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Coherent -2.5% on mixed Q2; Needham defends” published on May 02, 2018, “BofI Is Inexpensive – Cramer’s Lightning Round (4/30/18)” on May 01, 2018, “Stifel Resumes Coherent (COHR) at Buy” with a publish date: May 10, 2018, “Coherent: Time To Buy” and the last “Coherent: Solid Results, Weak Sentiment” with publication date: May 09, 2018.

Coherent, Inc. (NASDAQ:COHR) Ratings Coverage

A total of 5 analysts rate Coherent (NASDAQ:COHR) as follows: 5 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NASDAQ:COHR) has 7 ratings reports on May 16, 2018 according to StockzIntelligence. The stock rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 8. On Wednesday, May 2 the stock of Coherent, Inc. (NASDAQ:COHR) has “Overweight” rating given by Barclays Capital. On Thursday, February 8 the company was maintained by Needham. On Thursday, May 10 the rating was maintained by Stifel Nicolaus with “Buy”. The stock rating was maintained by Northcoast with “Buy” on Monday, February 12. On Thursday, February 8 the rating was maintained by Barclays Capital with “Overweight”. In Thursday, February 8 report Susquehanna maintained the stock with “Buy” rating.

Coherent, Inc. (NASDAQ:COHR) Institutional Investors Chart

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