Cutler Capital Management Boosted By $1.51 Million Its Weyerhaeuser (WY) Position, Blackbaud (BLKB) Shorts Decreased By 5.88%

June 19, 2017 - By Henry Gaston

Cutler Capital Management Llc increased Weyerhaeuser (WY) stake by 90.34% reported in 2016Q4 SEC filing. Cutler Capital Management Llc acquired 50,261 shares as Weyerhaeuser (WY)’s stock declined 1.49%. The Cutler Capital Management Llc holds 105,896 shares with $3.19 million value, up from 55,635 last quarter. Weyerhaeuser now has $25.63B valuation. The stock rose 1.10% or $0.37 reaching $34.03 per share. About 425,017 shares traded. Weyerhaeuser Co (NYSE:WY) has risen 8.94% since June 19, 2016 and is uptrending. It has underperformed by 7.76% the S&P500.

Blackbaud Incorporated (NASDAQ:BLKB) had a decrease of 5.88% in short interest. BLKB’s SI was 6.00M shares in June as released by FINRA. Its down 5.88% from 6.38M shares previously. With 357,800 avg volume, 17 days are for Blackbaud Incorporated (NASDAQ:BLKB)’s short sellers to cover BLKB’s short positions. The SI to Blackbaud Incorporated’s float is 13.21%. About 31,333 shares traded. Blackbaud, Inc. (NASDAQ:BLKB) has risen 35.80% since June 19, 2016 and is uptrending. It has outperformed by 19.10% the S&P500.

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.39, from 1.38 in 2016Q3. It worsened, as 27 investors sold Blackbaud, Inc. shares while 68 reduced holdings. 25 funds opened positions while 69 raised stakes. 51.96 million shares or 3.92% more from 50.00 million shares in 2016Q3 were reported. Macquarie Limited owns 695,598 shares or 0.09% of their US portfolio. Gemmer Asset Management Ltd owns 80 shares. Credit Agricole S A has 0.01% invested in Blackbaud, Inc. (NASDAQ:BLKB) for 38,000 shares. Wisconsin-based State Of Wisconsin Investment Board has invested 0.01% in Blackbaud, Inc. (NASDAQ:BLKB). Archford Capital Strategies Limited Co reported 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Apriem Advsrs stated it has 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Strs Ohio holds 0% or 5,600 shares in its portfolio. Jackson Square Prtn Limited Liability Corporation holds 1.76 million shares or 0.58% of its portfolio. Td Asset Mgmt, a Ontario – Canada-based fund reported 6,000 shares. Segall Bryant And Hamill Ltd, a Illinois-based fund reported 18,400 shares. Ngam Advsr Lp holds 0.01% or 16,701 shares. Louisiana State Employees Retirement Sys holds 19,100 shares or 0.06% of its portfolio. Night Owl Cap Mgmt Ltd reported 3.61% in Blackbaud, Inc. (NASDAQ:BLKB). Parametric Assocs Limited Liability Corp has 0.01% invested in Blackbaud, Inc. (NASDAQ:BLKB) for 157,930 shares. Wellington Gru Ltd Liability Partnership invested 0.04% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB).

Among 10 analysts covering Blackbaud Inc (NASDAQ:BLKB), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Blackbaud Inc had 16 analyst reports since October 13, 2015 according to SRatingsIntel. Evercore initiated the stock with “Hold” rating in Monday, June 27 report. The rating was downgraded by Wunderlich to “Hold” on Friday, February 10. The firm earned “Buy” rating on Thursday, June 30 by Stifel Nicolaus. The rating was initiated by B. Riley & Co on Tuesday, October 13 with “Neutral”. The stock has “Buy” rating by Wunderlich on Thursday, February 18. The firm has “Underperform” rating given on Wednesday, November 23 by Bank of America. Benchmark initiated Blackbaud, Inc. (NASDAQ:BLKB) rating on Thursday, November 19. Benchmark has “Buy” rating and $73 target. As per Wednesday, January 6, the company rating was initiated by Bank of America. The firm earned “Outperform” rating on Thursday, December 10 by Robert W. Baird. Pacific Crest initiated the stock with “Sector Weight” rating in Tuesday, March 22 report.

Since January 3, 2017, it had 0 insider buys, and 22 selling transactions for $10.63 million activity. Shares for $64,903 were sold by Nash Sarah E. BOOR ANTHONY W sold $709,191 worth of stock. ELLIS GEORGE H sold $138,040 worth of Blackbaud, Inc. (NASDAQ:BLKB) on Thursday, May 4. Shares for $549,335 were sold by Cumbaa Charles T on Thursday, February 9. $190,000 worth of Blackbaud, Inc. (NASDAQ:BLKB) was sold by MISTRETTA JOHN J on Wednesday, March 15. CHOU TIMOTHY C K sold $249,430 worth of stock. Another trade for 5,094 shares valued at $402,986 was made by MOONEY KEVIN W on Tuesday, May 9.

Blackbaud, Inc. is a cloud software company. The company has market cap of $4.28 billion. The Firm offers a range of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. It has a 89.36 P/E ratio. The Company’s divisions include the General Markets Business Unit , the Enterprise Customer Business Unit (the ECBU) and the International Business Unit (the IBU).

Cutler Capital Management Llc decreased Jpmorgan Chase stake by 14,000 shares to 16,000 valued at $708,000 in 2016Q4. It also reduced Apple Inc (NASDAQ:AAPL) stake by 4,130 shares and now owns 32,749 shares. Lexington Pty (NYSE:LXP) was reduced too.

Investors sentiment decreased to 1.08 in 2016 Q4. Its down 0.04, from 1.12 in 2016Q3. It turned negative, as 56 investors sold WY shares while 276 reduced holdings. 77 funds opened positions while 280 raised stakes. 548.60 million shares or 2.03% less from 559.95 million shares in 2016Q3 were reported. Stevens First Principles has invested 5.06% in Weyerhaeuser Co (NYSE:WY). Glg Ltd Limited Liability Company invested in 0.09% or 41,733 shares. Moreover, Invesco Limited has 0.25% invested in Weyerhaeuser Co (NYSE:WY) for 24.75M shares. Tortoise Invest Limited Liability reported 10,520 shares or 0.11% of all its holdings. Fiera Corporation stated it has 21,000 shares or 0% of all its holdings. Williams Jones Assocs Limited Com reported 403,464 shares. Moreover, Veritable Limited Partnership has 0.02% invested in Weyerhaeuser Co (NYSE:WY) for 26,709 shares. Credit Suisse Ag invested 0.06% of its portfolio in Weyerhaeuser Co (NYSE:WY). Eaton Vance Mngmt invested 0% in Weyerhaeuser Co (NYSE:WY). Horrell Capital Mgmt holds 331 shares or 0.01% of its portfolio. Old Point And Financial Serv N A has 55,230 shares. Alpine Woods Capital Ltd Liability Corporation, New York-based fund reported 13,200 shares. Alexandria Capital accumulated 3,462 shares. Missouri-based Duncker Streett Com Incorporated has invested 0.01% in Weyerhaeuser Co (NYSE:WY). 61,903 are owned by Amica Pension Fund Board Of Trustees.

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