Wednesday, 31 January 2018

Water Asset Management Increases Position in Connecticut Wtr Svc (CTWS); As Newell Brands (NWL) Stock Price Rose, Baring Asset Management LTD Has Lifted Holding by $2.30 Million

Baring Asset Management Ltd increased its stake in Newell Brands Inc. (NWL) by 311.3% based on its latest 2017Q3 regulatory filing with the SEC. Baring Asset Management Ltd bought 54,789 shares as the company’s stock rose 13.21% with the market. The institutional investor held 72,389 shares of the plastic products company at the end of 2017Q3, valued at $3.09 million, up from 17,600 at the end of the previous reported quarter. Baring Asset Management Ltd who had been investing in Newell Brands Inc. for a number of months, seems to be bullish on the $12.61B market cap company. The stock increased 1.46% or $0.37 during the last trading session, reaching $25.73. About 10.43 million shares traded or 15.24% up from the average. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since January 31, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Water Asset Management Llc increased its stake in Connecticut Wtr Svc Inc (CTWS) by 4.49% based on its latest 2017Q3 regulatory filing with the SEC. Water Asset Management Llc bought 12,102 shares as the company’s stock declined 2.76% while stock markets rallied. The hedge fund held 281,451 shares of the public utilities company at the end of 2017Q3, valued at $16.69 million, up from 269,349 at the end of the previous reported quarter. Water Asset Management Llc who had been investing in Connecticut Wtr Svc Inc for a number of months, seems to be bullish on the $639.62 million market cap company. The stock increased 1.11% or $0.58 during the last trading session, reaching $53. About 31,285 shares traded. Connecticut Water Service, Inc. (NASDAQ:CTWS) has risen 12.38% since January 31, 2017 and is uptrending. It has underperformed by 4.32% the S&P500.

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. has $6600 highest and $25.0 lowest target. $41.20’s average target is 60.12% above currents $25.73 stock price. Newell Rubbermaid Inc. had 58 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Top Pick” rating on Wednesday, December 16 by RBC Capital Markets. The firm has “Buy” rating given on Friday, August 18 by RBC Capital Markets. Jefferies downgraded Newell Brands Inc. (NYSE:NWL) on Thursday, September 14 to “Hold” rating. BMO Capital Markets maintained the shares of NWL in report on Monday, November 6 with “Hold” rating. Forward View Consulting maintained Newell Brands Inc. (NYSE:NWL) on Monday, August 7 with “Buy” rating. The stock has “Strong Buy” rating by Raymond James on Tuesday, November 8. The company was maintained on Thursday, September 21 by BMO Capital Markets. UBS maintained the shares of NWL in report on Monday, May 2 with “Buy” rating. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. BMO Capital Markets maintained the shares of NWL in report on Thursday, September 7 with “Hold” rating.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.17, from 0.94 in 2017Q2. It improved, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. Sumitomo Mitsui Trust holds 0.09% or 1.47 million shares in its portfolio. Glenmede Trust Na holds 0.01% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 54,808 shares. Gateway Advisers Ltd Llc owns 391,256 shares or 0.14% of their US portfolio. Texas Permanent School Fund holds 0.07% in Newell Brands Inc. (NYSE:NWL) or 135,821 shares. State Of Tennessee Treasury Department holds 0.08% or 391,444 shares. Amf Pensionsforsakring accumulated 658,094 shares. Neuberger Berman Gru Ltd Liability invested in 6.09M shares or 0.33% of the stock. Creative Planning reported 0% stake. D E Shaw And Com holds 0% in Newell Brands Inc. (NYSE:NWL) or 10,993 shares. Gamco Investors Inc Et Al invested in 22,658 shares. Crestpoint Mgmt Limited Liability Company owns 25,400 shares or 0.48% of their US portfolio. The Massachusetts-based Trillium Asset Mgmt Limited Company has invested 0.72% in Newell Brands Inc. (NYSE:NWL). Rainier Management Limited Liability, a Washington-based fund reported 35,280 shares. Kansas-based Intrust Bancorp Na has invested 0.16% in Newell Brands Inc. (NYSE:NWL). Cap Fund invested in 40,864 shares.

Baring Asset Management Ltd, which manages about $1.71B US Long portfolio, decreased its stake in Agco Corporation (NYSE:AGCO) by 4,684 shares to 185,473 shares, valued at $13.68 million in 2017Q3, according to the filing. It also reduced its holding in Fortune Brands Home & Security Inc. (NYSE:FBHS) by 9,081 shares in the quarter, leaving it with 50,339 shares, and cut its stake in Ecolab Inc. (NYSE:ECL).

Water Asset Management Llc, which manages about $352.48 million and $199.85 million US Long portfolio, decreased its stake in Rexnord Corp New (NYSE:RXN) by 89,570 shares to 454,003 shares, valued at $11.54M in 2017Q3, according to the filing. It also reduced its holding in Xylem Inc (NYSE:XYL) by 99,443 shares in the quarter, leaving it with 460,901 shares, and cut its stake in California Wtr Svc Group (NYSE:CWT).

Since August 16, 2017, it had 0 buys, and 1 sale for $83,910 activity.

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.15, from 1.43 in 2017Q2. It is negative, as 7 investors sold CTWS shares while 32 reduced holdings. 13 funds opened positions while 37 raised stakes. 5.42 million shares or 2.51% more from 5.29 million shares in 2017Q2 were reported. State Board Of Administration Of Florida Retirement stated it has 3,646 shares or 0% of all its holdings. Deutsche Natl Bank Ag owns 25,096 shares or 0% of their US portfolio. Rodgers Brothers invested 0.27% in Connecticut Water Service, Inc. (NASDAQ:CTWS). Bessemer Gp holds 0% or 4,754 shares in its portfolio. Parkside Commercial Bank And reported 0.01% of its portfolio in Connecticut Water Service, Inc. (NASDAQ:CTWS). Geode Capital Mngmt Ltd Liability Corporation reported 0% of its portfolio in Connecticut Water Service, Inc. (NASDAQ:CTWS). Legal And General Public Ltd holds 0% or 2,967 shares. Cortina Asset has invested 0.09% in Connecticut Water Service, Inc. (NASDAQ:CTWS). Blue Financial Capital has invested 0.16% in Connecticut Water Service, Inc. (NASDAQ:CTWS). Moreover, Clean Yield has 1.36% invested in Connecticut Water Service, Inc. (NASDAQ:CTWS) for 56,088 shares. Sei Investments Com has invested 0% in Connecticut Water Service, Inc. (NASDAQ:CTWS). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Connecticut Water Service, Inc. (NASDAQ:CTWS) for 419 shares. Rhumbline Advisers owns 13,593 shares. Parametric Port Assoc Ltd Liability has 0% invested in Connecticut Water Service, Inc. (NASDAQ:CTWS) for 24,798 shares. Schwab Charles Investment Mngmt stated it has 53,960 shares or 0% of all its holdings.

The post Water Asset Management Increases Position in Connecticut Wtr Svc (CTWS); As Newell Brands (NWL) Stock Price Rose, Baring Asset Management LTD Has Lifted Holding by $2.30 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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