WesBanco (WSBC) to pay $0.31 on Jan 2, 2020; Harber Asset Management Has Lowered Microchip Technology (MCHP) Holding

Microchip Technology Incorporated (NASDAQ:MCHP) Logo

Harber Asset Management Llc decreased Microchip Technology Inc (MCHP) stake by 5.46% reported in 2019Q2 SEC filing. Harber Asset Management Llc sold 8,104 shares as Microchip Technology Inc (MCHP)’s stock declined 4.59%. The Harber Asset Management Llc holds 140,390 shares with $12.17M value, down from 148,494 last quarter. Microchip Technology Inc now has $23.05 billion valuation. The stock increased 4.98% or $4.57 during the last trading session, reaching $96.44. About 2.48 million shares traded or 17.79% up from the average. Microchip Technology Incorporated (NASDAQ:MCHP) has risen 1.30% since December 4, 2018 and is uptrending. It has outperformed by 1.30% the S&P500. Some Historical MCHP News: 23/05/2018 – Microchip Technology Incorporated Prices $2.0 Billion Note Offering; 22/04/2018 – DJ Microchip Technology Incorporated, Inst Holders, 1Q 2018 (MCHP); 07/05/2018 – MICROCHIP TECHNOLOGY ON REPORTS OF MOFCOM APPROVAL FOR MICROSEMI DEAL – “CANNOT CONFIRM TODAY’S REPORT IN THE PRESS THAT CHINA’S MOFCOM HAS CLEARED” DEAL; 08/05/2018 – Microchip Tech 4Q EPS 58c; 18/05/2018 – MICROCHIP RESTATED PACT PROVIDES FOR LOAN FACILITY $3.8B; 15/05/2018 – Microchip Tech Still Needs Taiwan Regulatory OK for Deal; 29/05/2018 – MICROCHIP TECHNOLOGY COMPLETES MICROSEMI ACQUISITION; 05/03/2018 The Law Offices of Vincent Wong Notifies Investors of an Investigation of Microsemi Corporation in Connection with the Sale of the Company to Microchip Technology Incorporated; 13/04/2018 – MICROCHIP TECHNOLOGY SEES MICROSEMI MERGER COMPLETED JUNE 2018; 13/03/2018 – Qualcomm: Instinet Sees Xilinx, ADI, Microchip Similarities to NXP as Targets — Barron’s Blog

WesBanco Inc (NASDAQ:WSBC) is expected to pay $0.31 on Jan 2, 2020. (NASDAQ:WSBC) shareholders before Dec 12, 2019 will receive the $0.31 dividend. WesBanco Inc’s current price of $36.46 translates into 0.85% yield. WesBanco Inc’s dividend has Dec 13, 2019 as record date. Nov 20, 2019 is the announcement. The stock increased 0.89% or $0.32 during the last trading session, reaching $36.46. About 189,573 shares traded. WesBanco, Inc. (NASDAQ:WSBC) has declined 24.79% since December 4, 2018 and is downtrending. It has underperformed by 24.79% the S&P500. Some Historical WSBC News: 17/04/2018 – WesBanco Announces First Quarter 2018 Net Income; 02/05/2018 – WesBanco Presenting at Conference May 9; 24/04/2018 – WesBanco Short-Interest Ratio Rises 66% to 12 Days; 19/04/2018 – WESBANCO, REPORTS PACT & PLAN OF MERGER WITH FARMERS CAPITAL; 23/04/2018 – DJ WesBanco Inc, Inst Holders, 1Q 2018 (WSBC); 16/05/2018 – WesBanco Declares Quarterly Cash Dividend to Its Shareholders; 23/03/2018 Report: Exploring Fundamental Drivers Behind Goldfield, Dicerna Pharmaceuticals, Deciphera Pharmaceuticals, WesBanco, Carolina; 19/04/2018 – WESBANCO INC – EXCLUDING CERTAIN ONE-TIME MERGER CHARGES, DEAL IS ANTICIPATED TO BE ABOUT 3% ACCRETIVE TO EARNINGS IN 2019; 19/04/2018 – WESBANCO INC – UPON COMPLETION OF MERGER, WESBANCO WILL ADD ONE FARMERS DIRECTOR TO ITS BOARD OF DIRECTORS; 17/04/2018 – WesBanco 1Q Net $33.5M

Investors sentiment decreased to 0.88 in 2019 Q2. Its down 0.01, from 0.89 in 2019Q1. It is negative, as 39 investors sold MCHP shares while 237 reduced holdings. 57 funds opened positions while 189 raised stakes. 255.35 million shares or 19.48% less from 317.11 million shares in 2019Q1 were reported. Bokf Na accumulated 38,806 shares or 0.08% of the stock. Cetera Advisor Networks Limited Liability Corp accumulated 3,696 shares or 0.01% of the stock. Westpac Bk holds 0% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP) for 30,542 shares. Lyrical Asset Management Ltd Partnership owns 5.13% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 4.28M shares. Logan Capital invested 0.33% in Microchip Technology Incorporated (NASDAQ:MCHP). Colorado-based Shine Investment Advisory Ser has invested 0.03% in Microchip Technology Incorporated (NASDAQ:MCHP). 1.00M were accumulated by Eaton Vance Mngmt. Invest Of Virginia Ltd Liability reported 41,211 shares. Lpl Financial Ltd Llc has 0.01% invested in Microchip Technology Incorporated (NASDAQ:MCHP) for 54,648 shares. Captrust Financial Advsrs reported 0.21% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). Us Commercial Bank De accumulated 286,689 shares. Livforsakringsbolaget Skandia Omsesidigt reported 14,065 shares. Mar Vista Ptnrs Lc invested 2.53% of its portfolio in Microchip Technology Incorporated (NASDAQ:MCHP). First Personal Finance reported 0.01% in Microchip Technology Incorporated (NASDAQ:MCHP). Dimensional Fund Advsr LP owns 998,437 shares for 0.03% of their portfolio.

Analysts await Microchip Technology Incorporated (NASDAQ:MCHP) to report earnings on February, 4. They expect $1.09 EPS, down 27.81% or $0.42 from last year’s $1.51 per share. MCHP’s profit will be $260.50M for 22.12 P/E if the $1.09 EPS becomes a reality. After $1.26 actual EPS reported by Microchip Technology Incorporated for the previous quarter, Wall Street now forecasts -13.49% negative EPS growth.

Harber Asset Management Llc increased Silicon Motion Technology Co (NASDAQ:SIMO) stake by 150,453 shares to 236,005 valued at $10.47 million in 2019Q2. It also upped Facebook Inc (NASDAQ:FB) stake by 19,541 shares and now owns 93,776 shares. Amerisourcebergen Corp (NYSE:ABC) was raised too.

More notable recent Microchip Technology Incorporated (NASDAQ:MCHP) news were published by: Nasdaq.com which released: “Microchip (MCHP) Narrows Sales & Earnings Expectations for Q3 – Nasdaq” on December 04, 2019, also Nasdaq.com with their article: “Microchip (MCHP) Q2 Earnings In Line, Revenues Miss Estimates – Nasdaq” published on November 06, 2019, Nasdaq.com published: “Microchip Technology (MCHP) Q2 Earnings Meet Estimates – Nasdaq” on November 05, 2019. More interesting news about Microchip Technology Incorporated (NASDAQ:MCHP) were released by: Finance.Yahoo.com and their article: “Is Microchip Technology Incorporated (NASDAQ:MCHP) A Smart Choice For Dividend Investors? – Yahoo Finance” published on November 27, 2019 as well as Benzinga.com‘s news article titled: “5 Stocks Moving In Tuesday’s After-Hours Session – Benzinga” with publication date: December 03, 2019.

Among 7 analysts covering Microchip (NASDAQ:MCHP), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Microchip has $120 highest and $9000 lowest target. $109.86’s average target is 13.92% above currents $96.44 stock price. Microchip had 13 analyst reports since June 25, 2019 according to SRatingsIntel. Raymond James upgraded Microchip Technology Incorporated (NASDAQ:MCHP) on Wednesday, October 30 to “Strong Buy” rating. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) has “Buy” rating given on Tuesday, June 25 by Wells Fargo. The stock of Microchip Technology Incorporated (NASDAQ:MCHP) earned “Buy” rating by Citigroup on Wednesday, November 6. Wells Fargo maintained it with “Outperform” rating and $11500 target in Monday, July 29 report. FBR Capital maintained the shares of MCHP in report on Friday, November 1 with “Buy” rating. KeyBanc Capital Markets upgraded Microchip Technology Incorporated (NASDAQ:MCHP) rating on Tuesday, October 1. KeyBanc Capital Markets has “Overweight” rating and $11000 target. B. Riley & Co maintained Microchip Technology Incorporated (NASDAQ:MCHP) on Wednesday, November 6 with “Buy” rating. As per Wednesday, November 6, the company rating was maintained by Morgan Stanley. Wells Fargo maintained Microchip Technology Incorporated (NASDAQ:MCHP) on Wednesday, November 6 with “Outperform” rating.

Investors sentiment increased to 1.31 in 2019 Q2. Its up 0.14, from 1.17 in 2019Q1. It increased, as 15 investors sold WesBanco, Inc. shares while 50 reduced holdings. 23 funds opened positions while 53 raised stakes. 30.74 million shares or 0.22% less from 30.81 million shares in 2019Q1 were reported. Citadel Advsrs Limited Com has 0% invested in WesBanco, Inc. (NASDAQ:WSBC). Alliancebernstein L P holds 0% in WesBanco, Inc. (NASDAQ:WSBC) or 76,808 shares. Carroll Fincl Assoc Inc reported 251 shares. Basswood Capital Mgmt Llc has 153,389 shares. Price T Rowe Associates Incorporated Md holds 0% in WesBanco, Inc. (NASDAQ:WSBC) or 59,606 shares. Lbmc Advsrs Ltd Company holds 0.03% of its portfolio in WesBanco, Inc. (NASDAQ:WSBC) for 5,769 shares. Acadian Asset Limited Liability Co reported 23,504 shares or 0% of all its holdings. Millennium Lc stated it has 385,346 shares. City Holding Co reported 0.07% of its portfolio in WesBanco, Inc. (NASDAQ:WSBC). Jpmorgan Chase And Co stated it has 0% of its portfolio in WesBanco, Inc. (NASDAQ:WSBC). Quantbot Technology L P reported 2,600 shares. Royal Retail Bank Of Canada, a Ontario – Canada-based fund reported 10,147 shares. Amalgamated Bank & Trust stated it has 0.01% of its portfolio in WesBanco, Inc. (NASDAQ:WSBC). State Street Corporation holds 0% or 1.08M shares in its portfolio. Deprince Race And Zollo has 292,832 shares.

Microchip Technology Incorporated (NASDAQ:MCHP) Institutional Positions Chart

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