First Citizens Bank & Trust Co Has Raised Te Connectivity LTD (TEL) Stake; Shorts at Hugoton Royalty Trust (HGT) Raised By 9.2%

TE Connectivity Ltd. (NYSE:TEL) Logo

Hugoton Royalty Trust (NYSE:HGT) had an increase of 9.2% in short interest. HGT’s SI was 93,800 shares in May as released by FINRA. Its up 9.2% from 85,900 shares previously. With 174,100 avg volume, 1 days are for Hugoton Royalty Trust (NYSE:HGT)’s short sellers to cover HGT’s short positions. The SI to Hugoton Royalty Trust’s float is 0.24%. The stock decreased 0.48% or $0.0031 during the last trading session, reaching $0.6369. About 120,535 shares traded. Hugoton Royalty Trust (NYSE:HGT) has declined 66.32% since May 8, 2017 and is downtrending. It has underperformed by 77.87% the S&P500.

First Citizens Bank & Trust Co increased Te Connectivity Ltd (TEL) stake by 64.73% reported in 2017Q4 SEC filing. First Citizens Bank & Trust Co acquired 11,263 shares as Te Connectivity Ltd (TEL)’s stock rose 3.00%. The First Citizens Bank & Trust Co holds 28,662 shares with $2.72M value, up from 17,399 last quarter. Te Connectivity Ltd now has $32.54 billion valuation. The stock increased 0.55% or $0.51 during the last trading session, reaching $92.94. About 1.58 million shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 31.35% since May 8, 2017 and is uptrending. It has outperformed by 19.80% the S&P500.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.02, from 1 in 2017Q3. It improved, as 34 investors sold TEL shares while 210 reduced holdings. 83 funds opened positions while 167 raised stakes. 303.06 million shares or 2.83% less from 311.89 million shares in 2017Q3 were reported. Bryn Mawr Trust invested in 9,138 shares or 0.05% of the stock. Wealthcare Capital Management Limited Company holds 0% of its portfolio in TE Connectivity Ltd. (NYSE:TEL) for 77 shares. Bb&T Secs Lc reported 58,854 shares stake. Tru Of Vermont reported 2,098 shares or 0.02% of all its holdings. Andra Ap owns 0.09% invested in TE Connectivity Ltd. (NYSE:TEL) for 40,800 shares. Private Advisor Ltd Liability Co stated it has 0.02% in TE Connectivity Ltd. (NYSE:TEL). Aull Monroe Mngmt Corp holds 5,287 shares or 0.25% of its portfolio. Moreover, Madison Hldgs has 1.3% invested in TE Connectivity Ltd. (NYSE:TEL) for 804,105 shares. Midas reported 1.21% in TE Connectivity Ltd. (NYSE:TEL). First Commercial Bank stated it has 3,578 shares or 0.06% of all its holdings. Moreover, Highbridge Capital Mgmt Lc has 0.04% invested in TE Connectivity Ltd. (NYSE:TEL). Oregon Employees Retirement Fund holds 86,272 shares or 0.12% of its portfolio. Quantitative Invest Mngmt Ltd Company reported 137,800 shares. Pinnacle Limited stated it has 2,229 shares. Lmr Prns Ltd Liability Partnership owns 0.05% invested in TE Connectivity Ltd. (NYSE:TEL) for 5,285 shares.

First Citizens Bank & Trust Co decreased Boeing Co (NYSE:BA) stake by 1,144 shares to 11,211 valued at $3.31 million in 2017Q4. It also reduced Wal (NYSE:WMT) stake by 18,202 shares and now owns 65,046 shares. General Mtrs Co (NYSE:GM) was reduced too.

Since January 29, 2018, it had 0 buys, and 5 insider sales for $35.35 million activity. Another trade for 36,550 shares valued at $3.78M was sold by Jenkins John S. CURTIN TERRENCE R had sold 142,450 shares worth $14.85 million. MERKT STEVEN T sold $1.10M worth of stock. 76,183 shares were sold by LYNCH THOMAS J, worth $7.73M.

Among 13 analysts covering TE Connectivity (NYSE:TEL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. TE Connectivity has $12300 highest and $63 lowest target. $106.91’s average target is 15.03% above currents $92.94 stock price. TE Connectivity had 49 analyst reports since July 23, 2015 according to SRatingsIntel. As per Monday, October 16, the company rating was maintained by Cowen & Co. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, April 26 report. The company was maintained on Wednesday, October 11 by SunTrust. The company was maintained on Thursday, September 7 by RBC Capital Markets. On Thursday, January 25 the stock rating was maintained by Wells Fargo with “Outperform”. The rating was upgraded by Longbow on Thursday, January 12 to “Buy”. As per Monday, March 26, the company rating was initiated by Oppenheimer. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Overweight” rating given on Wednesday, December 13 by Morgan Stanley. The firm has “Hold” rating given on Thursday, January 25 by SunTrust. The rating was downgraded by Berenberg on Wednesday, March 2 to “Hold”.

Hugoton Royalty Trust (NYSE:HGT) Institutional Positions Chart