Clarkston Capital Partners Llc increased its stake in Actuant Corp (ATU) by 12.83% based on its latest 2017Q3 regulatory filing with the SEC. Clarkston Capital Partners Llc bought 288,632 shares as the company’s stock declined 5.05% while stock markets rallied. The institutional investor held 2.54M shares of the industrial machinery and components company at the end of 2017Q3, valued at $64.96 million, up from 2.25 million at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Actuant Corp for a number of months, seems to be bullish on the $1.50 billion market cap company. The stock decreased 3.09% or $0.8 during the last trading session, reaching $25.05. About 552,333 shares traded or 22.61% up from the average. Actuant Corporation (NYSE:ATU) has risen 0.16% since January 30, 2017 and is uptrending. It has underperformed by 16.54% the S&P500.
Southernsun Asset Management Llc decreased its stake in Darling Ingredients Inc. (DAR) by 4.83% based on its latest 2017Q3 regulatory filing with the SEC. Southernsun Asset Management Llc sold 774,991 shares as the company’s stock rose 25.73% with the market. The institutional investor held 15.27 million shares of the packaged foods company at the end of 2017Q3, valued at $267.52 million, down from 16.04M at the end of the previous reported quarter. Southernsun Asset Management Llc who had been investing in Darling Ingredients Inc. for a number of months, seems to be less bullish one the $3.06 billion market cap company. The stock decreased 1.17% or $0.22 during the last trading session, reaching $18.6. About 811,524 shares traded. Darling Ingredients Inc. (NYSE:DAR) has risen 8.56% since January 30, 2017 and is uptrending. It has underperformed by 8.14% the S&P500.
Among 10 analysts covering Darling Ingredients (NYSE:DAR), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Darling Ingredients had 28 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Market Outperform” rating on Friday, April 1 by Avondale. The stock of Darling Ingredients Inc. (NYSE:DAR) earned “Buy” rating by BMO Capital Markets on Thursday, August 10. JP Morgan maintained the shares of DAR in report on Monday, August 15 with “Overweight” rating. Goldman Sachs upgraded the shares of DAR in report on Wednesday, June 29 to “Buy” rating. Roth Capital maintained the stock with “Buy” rating in Wednesday, August 12 report. The firm has “Outperform” rating given on Thursday, March 23 by Robert W. Baird. The firm has “Neutral” rating by JP Morgan given on Wednesday, October 28. On Friday, October 6 the stock rating was downgraded by JP Morgan to “Neutral”. J.P. Morgan maintained it with “Buy” rating and $1900 target in Monday, August 14 report. Robert W. Baird maintained the shares of DAR in report on Monday, December 18 with “Buy” rating.
Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.11, from 0.93 in 2017Q2. It improved, as 24 investors sold DAR shares while 75 reduced holdings. 35 funds opened positions while 68 raised stakes. 157.64 million shares or 2.85% more from 153.27 million shares in 2017Q2 were reported. Rhumbline Advisers invested in 0.01% or 339,873 shares. Victory Capital Mngmt accumulated 9,907 shares or 0% of the stock. State Of Tennessee Treasury Department, a Tennessee-based fund reported 145,778 shares. Asset Mgmt Inc invested 0.01% of its portfolio in Darling Ingredients Inc. (NYSE:DAR). Tiedemann Wealth Mngmt Lc stated it has 85,993 shares. Panagora Asset Management holds 0.06% of its portfolio in Darling Ingredients Inc. (NYSE:DAR) for 916,842 shares. Sei Communications holds 749,948 shares. Blair William And Company Il reported 102,600 shares. Employees Retirement Sys Of Ohio holds 0% of its portfolio in Darling Ingredients Inc. (NYSE:DAR) for 14,300 shares. Ironwood Invest Mgmt Limited Com has invested 0.76% in Darling Ingredients Inc. (NYSE:DAR). Raymond James And invested 0.04% in Darling Ingredients Inc. (NYSE:DAR). Benchmark Capital holds 0.26% in Darling Ingredients Inc. (NYSE:DAR) or 19,000 shares. Fulton Bancorporation Na reported 27,651 shares. Private Management Group reported 1.01 million shares or 0.93% of all its holdings. Arizona-based Tci Wealth Advsrs has invested 0% in Darling Ingredients Inc. (NYSE:DAR).
Analysts await Darling Ingredients Inc. (NYSE:DAR) to report earnings on February, 27. They expect $0.11 earnings per share, down 56.00% or $0.14 from last year’s $0.25 per share. DAR’s profit will be $18.11M for 42.27 P/E if the $0.11 EPS becomes a reality. After $0.05 actual earnings per share reported by Darling Ingredients Inc. for the previous quarter, Wall Street now forecasts 120.00% EPS growth.
Southernsun Asset Management Llc, which manages about $5.32B and $4.07 billion US Long portfolio, upped its stake in Flowserve Corp. (NYSE:FLS) by 393,289 shares to 2.71M shares, valued at $115.51M in 2017Q3, according to the filing. It also increased its holding in Aegion Corp. (NASDAQ:AEGN) by 217,072 shares in the quarter, for a total of 1.30M shares, and has risen its stake in Discover Financial Services (NYSE:DFS).
Among 18 analysts covering Actuant (NYSE:ATU), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Actuant had 45 analyst reports since August 26, 2015 according to SRatingsIntel. On Wednesday, June 21 the stock rating was upgraded by J.P. Morgan to “Hold”. As per Tuesday, November 3, the company rating was initiated by SunTrust. Robert W. Baird maintained the stock with “Outperform” rating in Thursday, September 28 report. The rating was maintained by SunTrust on Thursday, September 28 with “Hold”. Acumen Capital initiated Actuant Corporation (NYSE:ATU) on Friday, December 18 with “Speculative Buy” rating. The stock has “Buy” rating by Suntrust Robinson on Tuesday, November 3. The stock of Actuant Corporation (NYSE:ATU) has “Overweight” rating given on Friday, March 10 by KeyBanc Capital Markets. The firm has “Hold” rating given on Tuesday, September 12 by RBC Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, December 20. The firm has “Buy” rating by Gabelli given on Thursday, June 22.
Clarkston Capital Partners Llc, which manages about $457.76M and $2.43 billion US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 72,311 shares to 249,480 shares, valued at $32.44M in 2017Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 31,413 shares in the quarter, leaving it with 594,055 shares, and cut its stake in American Express Co (NYSE:AXP).
Since September 28, 2017, it had 0 buys, and 2 sales for $153,218 activity. On Thursday, September 28 Rennie Stephen sold $22,268 worth of Actuant Corporation (NYSE:ATU) or 876 shares.
The post Actuant (ATU) Share Value Declined While Clarkston Capital Partners Has Lifted Holding; Southernsun Asset Management Has Cut Darling Ingredients (DAR) Holding by $13.17 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.
from
https://www.hillcountrytimes.com/2018/01/30/actuant-atu-share-value-declined-while-clarkston-capital-partners-has-lifted-holding-southernsun-asset-management-has-cut-darling-ingredients-dar-holding-by-13-17-million/
No comments:
Post a Comment