Thursday, 31 May 2018

First Republic Bank (FRC) Shareholder Baldwin Brothers Has Cut Stake as Stock Rose; Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Lifted Its Position in Kohls (KSS) by $650,000

Kohl's Corporation (NYSE:KSS) Logo

Baldwin Brothers Inc decreased its stake in First Republic Bank (FRC) by 33.59% based on its latest 2018Q1 regulatory filing with the SEC. Baldwin Brothers Inc sold 57,196 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 113,100 shares of the company at the end of 2018Q1, valued at $10.47M, down from 170,296 at the end of the previous reported quarter. Baldwin Brothers Inc who had been investing in First Republic Bank for a number of months, seems to be less bullish one the $16.26 billion market cap company. The stock increased 2.32% or $2.28 during the last trading session, reaching $100.38. About 1.22M shares traded or 7.42% up from the average. First Republic Bank (NYSE:FRC) has risen 7.17% since May 30, 2017 and is uptrending. It has underperformed by 5.40% the S&P500.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp increased its stake in Kohls Corp (KSS) by 2.85% based on its latest 2018Q1 regulatory filing with the SEC. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp bought 10,000 shares as the company’s stock declined 2.71% with the market. The institutional investor held 360,600 shares of the department and specialty retail stores company at the end of 2018Q1, valued at $23.62 million, up from 350,600 at the end of the previous reported quarter. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp who had been investing in Kohls Corp for a number of months, seems to be bullish on the $11.43B market cap company. The stock increased 1.83% or $1.22 during the last trading session, reaching $67.91. About 3.71M shares traded. Kohl's Corporation (NYSE:KSS) has risen 67.94% since May 30, 2017 and is uptrending. It has outperformed by 55.37% the S&P500.

Analysts await First Republic Bank (NYSE:FRC) to report earnings on July, 13. They expect $1.15 earnings per share, up 8.49% or $0.09 from last year’s $1.06 per share. FRC’s profit will be $186.28M for 21.82 P/E if the $1.15 EPS becomes a reality. After $1.13 actual earnings per share reported by First Republic Bank for the previous quarter, Wall Street now forecasts 1.77% EPS growth.

More news for First Republic Bank (NYSE:FRC) were recently published by: Bizjournals.com, which released: “Inside First Republic Bank’s culture of success” on May 17, 2018. Bizjournals.com‘s article titled: “Why First Republic Bank is chasing the wealthy in Wyoming” and published on May 07, 2018 is yet another important article.

Baldwin Brothers Inc, which manages about $939.93 million and $618.19M US Long portfolio, upped its stake in Lockheed Martin Corp (NYSE:LMT) by 945 shares to 22,598 shares, valued at $7.64M in 2018Q1, according to the filing. It also increased its holding in Nextera Energy Inc (NYSE:NEE) by 20,155 shares in the quarter, for a total of 39,240 shares, and has risen its stake in Spdr S&P 500 Etf Tr (SPY).

Among 19 analysts covering First Republic Bank (NYSE:FRC), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. First Republic Bank had 87 analyst reports since October 6, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained First Republic Bank (NYSE:FRC) on Tuesday, December 12 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Friday, June 9. As per Wednesday, November 29, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Hold” rating given on Thursday, March 23 by BMO Capital Markets. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, January 16. The rating was maintained by JP Morgan on Friday, July 15 with “Overweight”. The firm has “Buy” rating by Maxim Group given on Tuesday, January 16. Jefferies maintained it with “Buy” rating and $109.0 target in Friday, September 15 report. As per Friday, April 13, the company rating was maintained by Maxim Group. As per Monday, April 3, the company rating was maintained by Jefferies.

Among 30 analysts covering Kohl’s Corporation (NYSE:KSS), 14 have Buy rating, 2 Sell and 14 Hold. Therefore 47% are positive. Kohl’s Corporation had 112 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Kohl's Corporation (NYSE:KSS) has “Buy” rating given on Thursday, February 8 by Bank of America. The rating was maintained by UBS on Friday, August 12 with “Neutral”. As per Wednesday, November 2, the company rating was downgraded by OTR Global. J.P. Morgan upgraded the shares of KSS in report on Friday, January 12 to “Buy” rating. The stock of Kohl's Corporation (NYSE:KSS) has “Hold” rating given on Friday, August 12 by Deutsche Bank. Piper Jaffray maintained it with “Hold” rating and $37.0 target in Wednesday, October 18 report. The firm earned “Buy” rating on Friday, March 9 by Cowen & Co. The firm has “Reduce” rating given on Tuesday, May 9 by Gordon Haskett. The company was maintained on Friday, October 16 by Telsey Advisory Group. The stock has “Buy” rating by Jefferies on Tuesday, January 9.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.22, from 1.06 in 2017Q4. It dived, as 54 investors sold KSS shares while 193 reduced holdings. 75 funds opened positions while 133 raised stakes. 167.86 million shares or 1.29% more from 165.73 million shares in 2017Q4 were reported. Moreover, Sun Life Fincl has 0% invested in Kohl's Corporation (NYSE:KSS). Whittier Trust holds 0% or 207 shares in its portfolio. Canandaigua Bank & Trust Trust holds 0.05% or 5,648 shares in its portfolio. Trexquant LP owns 12,574 shares or 0.06% of their US portfolio. Citigroup has 238,516 shares for 0.01% of their portfolio. New York State Teachers Retirement invested 0.05% in Kohl's Corporation (NYSE:KSS). Janney Montgomery Scott Llc has 6,201 shares for 0% of their portfolio. Bokf Na holds 5,998 shares or 0.01% of its portfolio. Moreover, Sumitomo Mitsui Holding has 0.05% invested in Kohl's Corporation (NYSE:KSS). Gotham Asset Mngmt Ltd Co reported 313,746 shares. Pinebridge Invs LP invested in 0.03% or 19,615 shares. 817,197 are owned by California Public Employees Retirement Systems. Diligent Ltd Limited Liability Company reported 3,200 shares stake. Alphaone stated it has 107 shares or 0% of all its holdings. Tiaa Cref Inv Management Ltd has invested 0.03% in Kohl's Corporation (NYSE:KSS).

More notable recent Kohl's Corporation (NYSE:KSS) news were published by: Investorplace.com which released: “3 Types of Stocks That Led the Market to Its Best May in Years” on May 30, 2018, also Livetradingnews.com with their article: “Kohl’s Corporation (NYSE:KSS) Declines 7.42%” published on May 23, 2018, Seekingalpha.com published: “Kohl’s higher after lifting profit guidance” on May 22, 2018. More interesting news about Kohl's Corporation (NYSE:KSS) were released by: Seekingalpha.com and their article: “Kohl’s: Harsh Reaction” published on May 24, 2018 as well as Investorplace.com‘s news article titled: “Earn Retail Returns with This Kohl’s Corporation Trade” with publication date: May 25, 2018.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp, which manages about $10.73 billion US Long portfolio, decreased its stake in Mitel Networks Corp (NASDAQ:MITL) by 208,400 shares to 638,700 shares, valued at $5.93M in 2018Q1, according to the filing. It also reduced its holding in Motorola Solutions Inc (NYSE:MSI) by 20,800 shares in the quarter, leaving it with 434,200 shares, and cut its stake in Stantec Inc (NYSE:STN).

Kohl's Corporation (NYSE:KSS) Institutional Positions Chart

The post First Republic Bank (FRC) Shareholder Baldwin Brothers Has Cut Stake as Stock Rose; Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Lifted Its Position in Kohls (KSS) by $650,000 appeared first on Stock Market News | HillCountryTimes | Get it Today.



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