Lakeland Bancorp, Inc. (LBAI) Touches $19.85 Formed H&S; Light Street Capital Management Has Cut Its Universal Display (OLED) Holding

Light Street Capital Management Llc decreased Universal Display Corp (OLED) stake by 4.17% reported in 2017Q3 SEC filing. Light Street Capital Management Llc sold 10,000 shares as Universal Display Corp (OLED)’s stock rose 58.84%. The Light Street Capital Management Llc holds 230,000 shares with $29.64M value, down from 240,000 last quarter. Universal Display Corp now has $8.13 billion valuation. The stock decreased 3.19% or $5.7 during the last trading session, reaching $172.8. About 424,793 shares traded. Universal Display Corporation (NASDAQ:OLED) has risen 114.77% since January 25, 2017 and is uptrending. It has outperformed by 98.07% the S&P500.

Lakeland Bancorp, Inc. (LBAI) formed inverse H&S with $21.24 target or 7.00% above today’s $19.85 share price. Lakeland Bancorp, Inc. (LBAI) has $939.95M valuation. The stock decreased 0.25% or $0.05 during the last trading session, reaching $19.85. About 4,814 shares traded. Lakeland Bancorp, Inc. (NASDAQ:LBAI) has risen 69.96% since January 25, 2017 and is uptrending. It has outperformed by 53.26% the S&P500.

Investors sentiment increased to 1.45 in Q3 2017. Its up 0.43, from 1.02 in 2017Q2. It improved, as 6 investors sold Lakeland Bancorp, Inc. shares while 27 reduced holdings. 13 funds opened positions while 35 raised stakes. 24.73 million shares or 1.09% more from 24.47 million shares in 2017Q2 were reported. Vanguard Gru reported 2.00M shares or 0% of all its holdings. Basswood Mngmt Lc has 185,729 shares. First Manhattan holds 0.01% or 45,950 shares in its portfolio. Deutsche Bank & Trust Ag invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). 2.02M were reported by Cardinal Cap Mngmt Ltd Liability Ct. Moreover, Next Grp Inc has 0.15% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 25,800 shares. Morgan Stanley holds 101,808 shares or 0% of its portfolio. Commonwealth Equity Service Inc stated it has 20,465 shares. State Street invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Pnc Financial Ser Grp holds 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 65,156 shares. The North Carolina-based National Bank & Trust Of America De has invested 0% in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Kennedy Cap Mgmt invested in 318,749 shares or 0.12% of the stock. Bridgeway Mgmt Inc stated it has 206,990 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,224 shares. Verus Ptnrs has invested 0.09% in Lakeland Bancorp, Inc. (NASDAQ:LBAI).

Among 4 analysts covering Lakeland Bancorp (NASDAQ:LBAI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Lakeland Bancorp has $24.5 highest and $12 lowest target. $17.75’s average target is -10.58% below currents $19.85 stock price. Lakeland Bancorp had 7 analyst reports since August 13, 2015 according to SRatingsIntel. Raymond James downgraded the shares of LBAI in report on Thursday, October 27 to “Mkt Perform” rating. The company was initiated on Thursday, January 5 by FIG Partners. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. The stock of Lakeland Bancorp, Inc. (NASDAQ:LBAI) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, July 20.

Since August 2, 2017, it had 0 buys, and 3 sales for $1.11 million activity. 14,100 shares were sold by FREDERICKS MARK J, worth $273,117. NICHOLSON ROBERT K III sold $746,029 worth of Lakeland Bancorp, Inc. (NASDAQ:LBAI) on Tuesday, December 19. 5,000 shares were sold by DEUTSCH EDWARD B, worth $95,000 on Wednesday, September 20.

Investors sentiment increased to 1.27 in Q3 2017. Its up 0.07, from 1.2 in 2017Q2. It increased, as 31 investors sold OLED shares while 84 reduced holdings. 67 funds opened positions while 79 raised stakes. 29.47 million shares or 1.93% more from 28.92 million shares in 2017Q2 were reported. 1,702 were accumulated by Invest Centers Of America Incorporated. Friess Associates Lc owns 0.4% invested in Universal Display Corporation (NASDAQ:OLED) for 35,174 shares. Deutsche Bancorporation Ag stated it has 231,818 shares. Primecap Ca reported 789,450 shares or 0.08% of all its holdings. Kelly Lawrence W And Associate Ca reported 0.02% in Universal Display Corporation (NASDAQ:OLED). Ny State Common Retirement Fund reported 112,956 shares. New Jersey Better Educational Savings owns 0.22% invested in Universal Display Corporation (NASDAQ:OLED) for 2,000 shares. Nationwide Fund Advisors reported 129,128 shares stake. Prelude Cap Limited Co reported 4,007 shares stake. Newbrook Capital Advsr Lp, a New York-based fund reported 615,912 shares. Endurance Wealth holds 3.47% or 162,413 shares in its portfolio. Us Bank & Trust De holds 0% of its portfolio in Universal Display Corporation (NASDAQ:OLED) for 17 shares. The Nebraska-based Cwm Ltd Liability Corp has invested 0% in Universal Display Corporation (NASDAQ:OLED). Virginia Retirement Et Al stated it has 4,700 shares or 0.01% of all its holdings. Creative Planning holds 0.12% in Universal Display Corporation (NASDAQ:OLED) or 208,556 shares.

Light Street Capital Management Llc increased Stamps Com Inc (NASDAQ:STMP) stake by 15,000 shares to 380,000 valued at $77.01M in 2017Q3. It also upped Logmein Inc (NASDAQ:LOGM) stake by 348,327 shares and now owns 450,000 shares. Shopify Inc was raised too.

Among 11 analysts covering Universal Display (NASDAQ:OLED), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Universal Display had 27 analyst reports since August 11, 2015 according to SRatingsIntel. Needham maintained the shares of OLED in report on Friday, November 3 with “Hold” rating. The company was initiated on Monday, September 28 by Summit Research. Susquehanna initiated the stock with “Positive” rating in Wednesday, February 15 report. The company was upgraded on Monday, May 23 by Goldman Sachs. As per Friday, October 16, the company rating was downgraded by Goldman Sachs. The firm earned “Buy” rating on Thursday, September 7 by Cowen & Co. The firm has “Hold” rating by Zacks given on Tuesday, August 11. Gabelli downgraded the shares of OLED in report on Friday, May 6 to “Hold” rating. The rating was maintained by Canaccord Genuity on Friday, November 4 with “Hold”. Cowen & Co maintained the shares of OLED in report on Wednesday, October 11 with “Buy” rating.

Analysts await Universal Display Corporation (NASDAQ:OLED) to report earnings on February, 22. They expect $0.82 EPS, up 49.09% or $0.27 from last year’s $0.55 per share. OLED’s profit will be $38.58M for 52.68 P/E if the $0.82 EPS becomes a reality. After $0.28 actual EPS reported by Universal Display Corporation for the previous quarter, Wall Street now forecasts 192.86% EPS growth.