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As Credit Accep Mich (CACC) Stock Price Rose, Shareholder Schaller Investment Group Has Trimmed Stake by $1.92 Million; Methode Electrs Com (MEI) Shares Declined While Silvercrest Asset Management Group Has Raised by $8.21 Million Its Position

Full Alliance Group, Inc. | The Cutting Edge of Health | > Blog > As Credit Accep Mich (CACC) Stock Price Rose, Shareholder Schaller Investment Group Has Trimmed Stake by $1.92 Million; Methode Electrs Com (MEI) Shares Declined While Silvercrest Asset Management Group Has Raised by $8.21 Million Its Position


Methode Electronics, Inc. (NYSE:MEI) Logo

Silvercrest Asset Management Group Llc increased its stake in Methode Electrs Inc Com (MEI) by 25.46% based on its latest 2018Q4 regulatory filing with the SEC. Silvercrest Asset Management Group Llc bought 356,828 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund held 1.76 million shares of the capital goods company at the end of 2018Q4, valued at $40.95M, up from 1.40M at the end of the previous reported quarter. Silvercrest Asset Management Group Llc who had been investing in Methode Electrs Inc Com for a number of months, seems to be bullish on the $1.10B market cap company. The stock decreased 0.90% or $0.27 during the last trading session, reaching $29.8. About 175,676 shares traded. Methode Electronics, Inc. (NYSE:MEI) has declined 23.63% since April 12, 2018 and is downtrending. It has underperformed by 28.00% the S&P500. Some Historical MEI News: 12/03/2018 – METHODE ELECTRONICS INC MEI.N – CHIEF FINANCIAL OFFICER JOHN HRUDICKA HAS LEFT COMPANY EFFECTIVE TODAY TO PURSUE OTHER OPPORTUNITIES; 12/03/2018 Methode Electronics, Inc. Announces CFO Change; 13/03/2018 – Methode Electronics Closes Above 200-Day Moving Average; 23/04/2018 – DJ Methode Electronics Inc, Inst Holders, 1Q 2018 (MEI); 24/05/2018 – Methode Electronics Closes Below 200-Day Average: Technicals; 16/05/2018 – TAI KAM HOLDINGS LTD 8321.HK – LAU MEI CHAI HAS RESIGNED AS AN EXECUTIVE DIRECTOR; 22/05/2018 – Methode Electronics Presenting at Conference Tomorrow; 12/03/2018 – METHODE ELECTRONICS, REPORTS CFO CHANGE; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing lnflammation and Autoimmune Disorders; 29/05/2018 – Trivedi Global, Inc. and Su-Mei Liu Announce the Research Results on the Impact of a Biofield Energy Treated Nutraceutical for Decreasing Autoimmune and lnflammatory Disorders

Schaller Investment Group Inc decreased its stake in Credit Accep Corp Mich (CACC) by 14.21% based on its latest 2018Q4 regulatory filing with the SEC. Schaller Investment Group Inc sold 5,050 shares as the company’s stock rose 7.50% with the market. The hedge fund held 30,500 shares of the consumer services company at the end of 2018Q4, valued at $11.64 million, down from 35,550 at the end of the previous reported quarter. Schaller Investment Group Inc who had been investing in Credit Accep Corp Mich for a number of months, seems to be less bullish one the $8.43 billion market cap company. The stock decreased 1.84% or $8.34 during the last trading session, reaching $445.29. About 81,519 shares traded. Credit Acceptance Corporation (NASDAQ:CACC) has risen 39.26% since April 12, 2018 and is uptrending. It has outperformed by 34.89% the S&P500. Some Historical CACC News: 10/05/2018 – CREDIT ACCEPTANCE – ADDED NEW LENDER TO WAREHOUSE FACILITY IV & INCREASED AMOUNT OF FACILITY TO $250.0 MLN; 17/05/2018 – Credit Acceptance Favored by 5 Hedge Funds, 13Fs Show; 03/05/2018 – CREDIT ACCEPTANCE 1Q ADJ EPS $6.11, EST. $6.13; 10/05/2018 – Credit Acceptance Announces Increase of Revolving Secured Warehouse Facility; 29/03/2018 – Credit Acceptance Named to the 2018 Best Workplaces in Financial Services & Insurance List by Great Place to Work® and FORTUNE; 03/05/2018 – Credit Acceptance 1Q EPS $6.17; 18/04/2018 – Credit Acceptance Volume Jumps More Than Eight Times Average; 03/05/2018 – Credit Acceptance 1Q Net $120.1M; 03/04/2018 – Analysis: Positioning to Benefit within ForeScout Technologies, CommerceHub, Newtek Business Services, Credit Acceptance, Akari; 24/05/2018 – Moody’s Assigns Definitive Ratings To Credit Acceptance Auto Loan Trust 2018-2

More notable recent Credit Acceptance Corporation (NASDAQ:CACC) news were published by: Seekingalpha.com which released: “Credit Acceptance completes $398M asset-backed financing – Seeking Alpha” on August 23, 2018, also Globenewswire.com with their article: “Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility – GlobeNewswire” published on December 17, 2018, Nasdaq.com published: “3 Reasons Why Growth Investors Shouldn’t Overlook Credit Acceptance (CACC) – Nasdaq” on March 07, 2019. More interesting news about Credit Acceptance Corporation (NASDAQ:CACC) were released by: Nasdaq.com and their article: “4 Reasons That Make Preferred Bank (PFBC) Stock a Solid Bet – Nasdaq” published on April 05, 2019 as well as Nasdaq.com‘s news article titled: “Credit Acceptance (CACC) Upgraded to Strong Buy: Here’s Why – Nasdaq” with publication date: February 11, 2019.

Since November 5, 2018, it had 0 insider buys, and 4 insider sales for $34.09 million activity. Another trade for 20,273 shares valued at $8.48 million was sold by Prescott General Partners LLC.

Investors sentiment decreased to 0.98 in Q4 2018. Its down 0.01, from 0.99 in 2018Q3. It fall, as 20 investors sold CACC shares while 66 reduced holdings. 28 funds opened positions while 56 raised stakes. 10.05 million shares or 2.57% less from 10.32 million shares in 2018Q3 were reported. M&T National Bank has invested 0% in Credit Acceptance Corporation (NASDAQ:CACC). Florida-based Smith Thomas W has invested 33.52% in Credit Acceptance Corporation (NASDAQ:CACC). State Board Of Administration Of Florida Retirement Systems accumulated 0.01% or 12,281 shares. Vanguard Grp, Pennsylvania-based fund reported 1.19M shares. Mackenzie Finance reported 9,950 shares. Aperio Group Llc reported 1,425 shares. Of Toledo Na Oh reported 699 shares or 0.07% of all its holdings. Ftb accumulated 67 shares. Cadence Cap Management Limited Liability Com owns 3,547 shares. Blackrock Inc reported 507,169 shares or 0.01% of all its holdings. Da Davidson & has invested 0.01% in Credit Acceptance Corporation (NASDAQ:CACC). Jlb & Associates Inc stated it has 3,239 shares. Employees Retirement System Of Ohio stated it has 4,517 shares. Virginia Retirement Et Al has 0.02% invested in Credit Acceptance Corporation (NASDAQ:CACC). Dimensional Fund Ltd Partnership holds 202,095 shares.

Analysts await Credit Acceptance Corporation (NASDAQ:CACC) to report earnings on May, 2. They expect $7.84 earnings per share, up 28.31% or $1.73 from last year’s $6.11 per share. CACC’s profit will be $148.48 million for 14.20 P/E if the $7.84 EPS becomes a reality. After $7.85 actual earnings per share reported by Credit Acceptance Corporation for the previous quarter, Wall Street now forecasts -0.13% negative EPS growth.

Silvercrest Asset Management Group Llc, which manages about $15.87 billion and $9.08B US Long portfolio, decreased its stake in National Instrs Corp Com (NASDAQ:NATI) by 198,997 shares to 308,853 shares, valued at $14.02M in 2018Q4, according to the filing. It also reduced its holding in Anheuser Busch Inbev Sa/Nv Spo (NYSE:BUD) by 13,077 shares in the quarter, leaving it with 3,165 shares, and cut its stake in Fidelity Natl Information Svcs (NYSE:FIS).

Credit Acceptance Corporation (NASDAQ:CACC) Institutional Positions Chart







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