SLM Corp (NASDAQ:SLM) Move as Big Money’ Sentiment Crashed to 1.13

May 3, 2018 - By Anthony Rauscher

SLM Corporation (NASDAQ:SLM) Corporate Logo

Positions for SLM Corp (NASDAQ:SLM)

“Big money sentiment for SLM Corp (NASDAQ:SLM) in 2017 Q4 decreased to 1.13, SEC filings reveal. So its down -0.07, from 2017Q3’s 1.2. 124 investment managers increased and opened new equity positions, while 110 sold and reduced stock positions in SLM Corp so the sentiment has worsened. These funds own 422.29 million shares, that’s down from 424.24 million shares in 2017Q3. Funds holding SLM Corp in top 10 changed to 2 from 1 for an increase of 1. 28 Investors Sold All; 82 Reduced Holdings; 78 increased stakes while 46 investment managers bought stakes.

Biggest SLM Corp Investors

As of 2017 Q4 Fsi Group Llc has 3.57% invested in SLM Corp. SLM Corp’s shareholder Portolan Capital Management Llc owns 2.60 million shares as of 2017 Q4. Philadelphia Financial Management Of San Francisco Llc reported 1.92 million shares. The Connecticut-based fund Discovery Capital Management Llc Ct have invested about 2.43% of the fund’s stock portfolio in SLM Corp. The Massachusetts-based fund Monarch Partners Asset Management Llc holds 1.75 million shares or 1.85% of their equity exposure.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college firm in the United States.The firm is valued at $4.98 billion. It offers private education loans to students and their families.The P/E ratio is 18.45. The firm also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college.

The stock decreased 0.61% or $0.07 during the last trading session, hitting $11.44.SLM Corporation has volume of 2.47M shares. Since May 3, 2017 SLM has declined 8.86% and is downtrending. SLM underperformed by 20.41% the S&P500.

Timber Hill Limited Liability Company, a Connecticut-based fund reported 18,723 shs. 1.75 million were accumulated by Monarch Ptnrs Asset Management Ltd Liability Corporation. 2.44 million were reported by Hotchkis Wiley Capital Mngmt Ltd Liability Corp. Arizona State Retirement Systems stated it has 0.03% in SLM Corporation (NASDAQ:SLM). 1.13 million were accumulated by Carlson Cap Lp. Bancorp Of Ny Mellon holds 0.08% of its capital in SLM Corporation (NASDAQ:SLM) for 26.51 million shs. Moore Mngmt Lp holds 578,713 shs. Brandywine Global Invest Mngmt Lc owns 530,871 shs. Carroll Associates accumulated 0% or 1,000 shs. Keybank National Association Oh accumulated 0% or 10,799 shs. Nomura stated it has 0% in SLM Corporation (NASDAQ:SLM). Moreover, Lpl Finance Ltd Company has 0% invested in SLM Corporation (NASDAQ:SLM). Texas Permanent School Fund reported 291,943 shs. Public Employees Retirement Association Of Colorado reported 58,377 shs stake. Point72 Asset Mgmt Lp invested in 4.88 million shs or 0.24% of the stock.

SLM Corporation registered $3.43 million net activity with 0 insider purchases and 8 insider sales since January 24, 2018. GOODE EARL A sold $99,360 worth of SLM Corporation (NASDAQ:SLM) or 8,640 shs on Thursday, January 25. Dale Jeffrey sold $423,854 worth of SLM Corporation (NASDAQ:SLM) or 37,807 shs on Monday, March 5. On Friday, January 26 $142,934 worth of stock was sold by Thome Paul F. On Wednesday, January 24 the insider Lutz Laurent Charles sold $1.44M. 64,585 SLM Corporation (NASDAQ:SLM) shs with value of $707,270 were sold by Boyles Jonathan. Pitcher Jed H sold $3,800 worth of SLM Corporation (NASDAQ:SLM) or 330 shs on Thursday, January 25.

SLM Corporation (NASDAQ:SLM) Ratings Coverage

In total 6 analysts cover SLM Corporation (NASDAQ:SLM). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. 83% are bullish. 9 are the (NASDAQ:SLM)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Thursday, April 12 the firm has “Buy” rating given by Oppenheimer. In Tuesday, April 24 report BMO Capital Markets maintained it with “Hold” rating and $1400 target. On Wednesday, January 10 Jefferies maintained the shares of SLM in report with “Buy” rating. On Thursday, January 4 the stock of SLM Corporation (NASDAQ:SLM) has “Hold” rating given by BMO Capital Markets. On Thursday, January 18 the stock of SLM Corporation (NASDAQ:SLM) has “Hold” rating given by BMO Capital Markets. The company rating was maintained by Keefe Bruyette & Woods on Thursday, December 21. On Monday, January 8 the firm earned “Buy” rating by Oppenheimer.

SLM Corporation (NASDAQ:SLM) Institutional Investors Chart

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