Stoneridge Investment Partners Increases Stake in Paccar (PCAR); Olin New (OLN) Valuation Rose While Jag Capital Management Has Cut by $6.57 Million Its Stake

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Stoneridge Investment Partners Llc increased its stake in Paccar Inc (PCAR) by 21.09% based on its latest 2018Q1 regulatory filing with the SEC. Stoneridge Investment Partners Llc bought 6,565 shares as the company’s stock declined 9.66% with the market. The institutional investor held 37,696 shares of the auto manufacturing company at the end of 2018Q1, valued at $2.49M, up from 31,131 at the end of the previous reported quarter. Stoneridge Investment Partners Llc who had been investing in Paccar Inc for a number of months, seems to be bullish on the $22.61 billion market cap company. The stock increased 1.20% or $0.76 during the last trading session, reaching $64.27. About 1.30M shares traded. PACCAR Inc (NASDAQ:PCAR) has risen 6.67% since May 31, 2017 and is uptrending. It has underperformed by 5.90% the S&P500.

Jag Capital Management Llc decreased its stake in Olin Corp New (OLN) by 70.49% based on its latest 2018Q1 regulatory filing with the SEC. Jag Capital Management Llc sold 218,896 shares as the company’s stock rose 0.66% while stock markets declined. The institutional investor held 91,645 shares of the major chemicals company at the end of 2018Q1, valued at $2.79M, down from 310,541 at the end of the previous reported quarter. Jag Capital Management Llc who had been investing in Olin Corp New for a number of months, seems to be less bullish one the $5.52 billion market cap company. The stock increased 0.61% or $0.2 during the last trading session, reaching $32.99. About 1.13M shares traded. Olin Corporation (NYSE:OLN) has risen 10.00% since May 31, 2017 and is uptrending. It has underperformed by 2.57% the S&P500.

Jag Capital Management Llc, which manages about $1.15B and $541.06M US Long portfolio, upped its stake in Charles Schwab Corp (NYSE:SCHW) by 43,989 shares to 169,330 shares, valued at $8.84M in 2018Q1, according to the filing. It also increased its holding in Microsoft Corporation (NASDAQ:MSFT) by 148,956 shares in the quarter, for a total of 181,558 shares, and has risen its stake in Fiserv Inc (NASDAQ:FISV).

Another recent and important Olin Corporation (NYSE:OLN) news was published by Benzinga.com which published an article titled: “Huntsman International: A Catalyst for 25%+ Appreciation” on May 15, 2018.

Analysts await Olin Corporation (NYSE:OLN) to report earnings on July, 30. They expect $0.40 earnings per share, up 3,900.00% or $0.39 from last year’s $0.01 per share. OLN’s profit will be $66.88M for 20.62 P/E if the $0.40 EPS becomes a reality. After $0.15 actual earnings per share reported by Olin Corporation for the previous quarter, Wall Street now forecasts 166.67% EPS growth.

Since February 12, 2018, it had 4 insider purchases, and 2 insider sales for $46,190 activity. 800 Olin Corporation (NYSE:OLN) shares with value of $25,024 were bought by LARRIMORE RANDALL W. BOGUS DONALD W bought $198,397 worth of stock. MCINTOSH JOHN L also sold $286,889 worth of Olin Corporation (NYSE:OLN) shares. Another trade for 6,250 shares valued at $206,250 was made by Curley Stephen C on Thursday, March 1.

Investors sentiment decreased to 1.09 in 2018 Q1. Its down 0.20, from 1.29 in 2017Q4. It worsened, as 45 investors sold OLN shares while 83 reduced holdings. 45 funds opened positions while 95 raised stakes. 138.66 million shares or 4.22% less from 144.77 million shares in 2017Q4 were reported. Victory Capital Mgmt Incorporated holds 0.02% of its portfolio in Olin Corporation (NYSE:OLN) for 313,320 shares. Federated Invsts Inc Pa has 0.01% invested in Olin Corporation (NYSE:OLN). 209,000 were accumulated by Gabelli Funds Limited. Texas Permanent School Fund reported 110,622 shares. Cipher Lp reported 27,043 shares stake. Wealthtrust Axiom Ltd Com reported 0.53% of its portfolio in Olin Corporation (NYSE:OLN). Alpha Windward Ltd Llc invested in 15,300 shares. Eaton Vance Management stated it has 0% of its portfolio in Olin Corporation (NYSE:OLN). Jag Cap Mgmt Ltd Company holds 91,645 shares or 0.51% of its portfolio. Gateway Invest Advisers Ltd reported 116,107 shares or 0.03% of all its holdings. Macquarie Group Ltd invested 0.2% of its portfolio in Olin Corporation (NYSE:OLN). Rhumbline Advisers holds 295,412 shares or 0.02% of its portfolio. Paloma Management has invested 0.01% in Olin Corporation (NYSE:OLN). 474 are held by Covington Cap. The New York-based Cap Mgmt Ny has invested 0.56% in Olin Corporation (NYSE:OLN).

Among 16 analysts covering Olin Corporation (NYSE:OLN), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Olin Corporation had 52 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, April 17 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Olin Corporation (NYSE:OLN) has “Buy” rating given on Wednesday, June 28 by Cowen & Co. Monness Crespi & Hardt downgraded the stock to “Neutral” rating in Thursday, February 2 report. As per Thursday, February 8, the company rating was maintained by Susquehanna. The company was maintained on Tuesday, September 5 by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, September 5 by Cowen & Co. The rating was upgraded by RBC Capital Markets on Friday, October 30 to “Outperform”. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, June 13. As per Thursday, February 8, the company rating was maintained by Nomura. Monness Crespi upgraded Olin Corporation (NYSE:OLN) on Thursday, February 4 to “Buy” rating.

Another recent and important PACCAR Inc (NASDAQ:PCAR) news was published by Streetinsider.com which published an article titled: “Goldman Sachs Downgrades PACCAR (PCAR) to Neutral, Cuts Machinery Coverage View to Neutral” on May 31, 2018.

Stoneridge Investment Partners Llc, which manages about $1.01B and $597.15M US Long portfolio, decreased its stake in Cognizant Tech Solutions Crp C (NASDAQ:CTSH) by 7,335 shares to 82,240 shares, valued at $6.62M in 2018Q1, according to the filing. It also reduced its holding in Regions Finl Corp (NYSE:RF) by 153,484 shares in the quarter, leaving it with 137,398 shares, and cut its stake in Jpmorgan Chase & Co. (NYSE:JPM).

Since February 7, 2018, it had 2 insider purchases, and 3 sales for $2.09 million activity. Another trade for 13,348 shares valued at $846,903 was made by DOZIER C MICHAEL on Monday, May 14. Shares for $1,482 were bought by GRANDSTAFF DOUGLAS S. $39,356 worth of PACCAR Inc (NASDAQ:PCAR) was bought by Davila Marco A. on Friday, February 16.

Investors sentiment decreased to 1.14 in 2018 Q1. Its down 0.26, from 1.4 in 2017Q4. It worsened, as 48 investors sold PCAR shares while 155 reduced holdings. 69 funds opened positions while 162 raised stakes. 214.22 million shares or 0.22% less from 214.70 million shares in 2017Q4 were reported. Glob X Management Company Limited Liability Corp reported 4,527 shares. Landscape Capital Mgmt Lc, a New Jersey-based fund reported 60,005 shares. Zebra Cap Mgmt Limited Liability has invested 0.47% in PACCAR Inc (NASDAQ:PCAR). Davis Selected Advisers holds 0% or 3,230 shares in its portfolio. Cls Limited Liability Company has invested 0% in PACCAR Inc (NASDAQ:PCAR). The Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.09% in PACCAR Inc (NASDAQ:PCAR). Dreman Value Mngmt L L C holds 0.2% or 6,740 shares. Liberty Mutual Gp Asset Inc holds 14,004 shares or 0.03% of its portfolio. Columbia Asset Mngmt has 6,783 shares for 0.13% of their portfolio. Intact Invest Inc holds 0.01% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 5,300 shares. Riverhead Cap Management Ltd owns 68,345 shares. Moreover, Boston Prns has 0.27% invested in PACCAR Inc (NASDAQ:PCAR). Brandywine Investment Management Ltd Liability Company holds 339,200 shares. Eagle Global Limited Com reported 11,643 shares. Bb&T Securities Ltd Liability Company holds 9,337 shares.

Among 25 analysts covering Paccar Inc (NASDAQ:PCAR), 7 have Buy rating, 3 Sell and 15 Hold. Therefore 28% are positive. Paccar Inc had 113 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Tuesday, October 3. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Monday, March 14 by JP Morgan. RBC Capital Markets maintained it with “Buy” rating and $8200 target in Tuesday, April 17 report. The company was upgraded on Thursday, June 15 by Goldman Sachs. Deutsche Bank maintained the shares of PCAR in report on Wednesday, October 26 with “Hold” rating. The firm earned “Sell” rating on Monday, March 19 by Deutsche Bank. The rating was upgraded by Bank of America to “Buy” on Tuesday, January 2. Longbow downgraded the shares of PCAR in report on Tuesday, July 19 to “Underperform” rating. UBS downgraded PACCAR Inc (NASDAQ:PCAR) on Tuesday, October 20 to “Neutral” rating. The stock has “Buy” rating by UBS on Thursday, November 30.

Olin Corporation (NYSE:OLN) Institutional Positions Chart