Personal Capital Advisors Has Cut Its Stepan Co (SCL) Holding; Scopus Asset Management LP Has Lifted Michaels Cos (MIK) Holding

The Michaels Companies, Inc. (NASDAQ:MIK) Logo

Personal Capital Advisors Corp decreased Stepan Co (SCL) stake by 6.2% reported in 2017Q4 SEC filing. Personal Capital Advisors Corp sold 7,307 shares as Stepan Co (SCL)’s stock rose 3.31%. The Personal Capital Advisors Corp holds 110,483 shares with $8.73 million value, down from 117,790 last quarter. Stepan Co now has $1.87B valuation. The stock increased 0.36% or $0.3 during the last trading session, reaching $83.18. About 79,562 shares traded. Stepan Company (NYSE:SCL) has risen 5.71% since March 30, 2017 and is uptrending. It has underperformed by 5.84% the S&P500.

Scopus Asset Management Lp increased Michaels Cos Inc (MIK) stake by 99.28% reported in 2017Q4 SEC filing. Scopus Asset Management Lp acquired 685,000 shares as Michaels Cos Inc (MIK)’s stock declined 16.88%. The Scopus Asset Management Lp holds 1.38 million shares with $33.26 million value, up from 690,000 last quarter. Michaels Cos Inc now has $3.59B valuation. The stock decreased 1.40% or $0.28 during the last trading session, reaching $19.71. About 2.66M shares traded or 27.70% up from the average. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 10.60% since March 30, 2017 and is downtrending. It has underperformed by 22.15% the S&P500.

Investors sentiment decreased to 1.28 in 2017 Q4. Its down 0.08, from 1.36 in 2017Q3. It worsened, as 24 investors sold MIK shares while 76 reduced holdings. 52 funds opened positions while 76 raised stakes. 187.52 million shares or 0.05% more from 187.41 million shares in 2017Q3 were reported. Hbk Invests Ltd Partnership reported 0.02% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). New Jersey-based Gargoyle Inv Advisor has invested 0.15% in The Michaels Companies, Inc. (NASDAQ:MIK). 39,700 were accumulated by State Treasurer State Of Michigan. 14,917 are owned by Citigroup. James Rech holds 108,895 shares or 0.09% of its portfolio. Spark Investment Limited Liability owns 61,300 shares. Ubs Asset Americas reported 0% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). New York State Teachers Retirement Systems reported 26,600 shares stake. Stratos Wealth Prns Ltd accumulated 44 shares or 0% of the stock. Shine Advisory Serv holds 274 shares. Segall Bryant & Hamill Ltd has invested 0.02% in The Michaels Companies, Inc. (NASDAQ:MIK). Zpr Investment Management owns 74,610 shares. Guggenheim Cap Ltd Liability holds 0% or 21,380 shares in its portfolio. Gotham Asset Mngmt Lc accumulated 38,919 shares or 0.01% of the stock. Morgan Stanley holds 326,645 shares.

Among 18 analysts covering Michaels Companies Inc (NASDAQ:MIK), 13 have Buy rating, 2 Sell and 3 Hold. Therefore 72% are positive. Michaels Companies Inc had 43 analyst reports since August 25, 2015 according to SRatingsIntel. Telsey Advisory Group maintained The Michaels Companies, Inc. (NASDAQ:MIK) rating on Wednesday, December 7. Telsey Advisory Group has “Market Perform” rating and $27 target. The company was maintained on Thursday, March 22 by Telsey Advisory. The firm has “Outperform” rating given on Tuesday, September 6 by Credit Suisse. The stock has “Underweight” rating by PiperJaffray on Friday, October 27. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Buy” rating given on Thursday, January 21 by Goldman Sachs. Morgan Stanley downgraded The Michaels Companies, Inc. (NASDAQ:MIK) on Monday, March 7 to “Equal-Weight” rating. On Tuesday, December 12 the stock rating was downgraded by Deutsche Bank to “Hold”. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, July 19. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Overweight” rating by Morgan Stanley on Tuesday, January 17. The firm earned “Market Perform” rating on Friday, December 4 by Telsey Advisory Group.

Scopus Asset Management Lp decreased Westrock Co stake by 80,000 shares to 70,000 valued at $4.43M in 2017Q4. It also reduced Ferro Corp (NYSE:FOE) stake by 285,216 shares and now owns 1.37 million shares. General Electric Co (Call) (NYSE:GE) was reduced too.

Among 7 analysts covering Stepan Co (NYSE:SCL), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Stepan Co had 12 analyst reports since August 26, 2015 according to SRatingsIntel. Seaport Global maintained the stock with “Neutral” rating in Wednesday, August 24 report. The firm earned “Strong Buy” rating on Monday, May 29 by Industrial Alliance Securities. On Friday, September 1 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Outperform” rating by National Bank Canada given on Monday, August 15.

Investors sentiment increased to 1.35 in Q4 2017. Its up 0.32, from 1.03 in 2017Q3. It improved, as 15 investors sold SCL shares while 53 reduced holdings. 28 funds opened positions while 64 raised stakes. 13.90 million shares or 0.26% less from 13.94 million shares in 2017Q3 were reported. Stevens Limited Partnership, Pennsylvania-based fund reported 8,045 shares. 15,828 are owned by Raymond James Associate. Amalgamated Bankshares accumulated 0.01% or 2,909 shares. Credit Suisse Ag reported 20,738 shares or 0% of all its holdings. Voya Mngmt has invested 0.01% of its portfolio in Stepan Company (NYSE:SCL). Lpl Financial Llc invested in 3,409 shares or 0% of the stock. Dana Inv Advsr accumulated 24,966 shares. Prelude Mgmt Limited Liability Corporation holds 3,650 shares or 0.02% of its portfolio. D E Shaw And reported 0% of its portfolio in Stepan Company (NYSE:SCL). 5,500 are held by Hbk L P. Wellington Shields Capital Management Limited, a New York-based fund reported 29,900 shares. Panagora Asset accumulated 221,733 shares. Regions Fincl Corporation holds 0% or 201 shares. Wells Fargo & Mn holds 34,271 shares or 0% of its portfolio. Alliancebernstein Lp stated it has 51,470 shares.

Analysts await Stepan Company (NYSE:SCL) to report earnings on April, 24. They expect $1.47 EPS, up 8.09% or $0.11 from last year’s $1.36 per share. SCL’s profit will be $33.10M for 14.15 P/E if the $1.47 EPS becomes a reality. After $1.06 actual EPS reported by Stepan Company for the previous quarter, Wall Street now forecasts 38.68% EPS growth.

Since February 26, 2018, it had 0 insider purchases, and 9 sales for $4.74 million activity. PACHOLEC FRANK sold $426,053 worth of stock or 5,000 shares. Servatius Gregory also sold $60,251 worth of Stepan Company (NYSE:SCL) shares. Another trade for 300 shares valued at $25,063 was made by Stefaniak Debra on Wednesday, March 7. Hale Jennifer Ansbro sold 2,044 shares worth $157,907. $147,390 worth of Stepan Company (NYSE:SCL) shares were sold by Mergner Arthur W. The insider STEPAN F QUINN JR sold $2.92 million.

Personal Capital Advisors Corp increased Vanguard Charlotte Fds (BNDX) stake by 83,984 shares to 666,856 valued at $36.26M in 2017Q4. It also upped Facebook Inc (NASDAQ:FB) stake by 13,389 shares and now owns 176,533 shares. Vanguard World Fds (VDE) was raised too.

Stepan Company (NYSE:SCL) Institutional Positions Chart