Tdam Usa Boosted Its Molson Coors Brewing Co (TAP) Holding; As E Trade Financial (ETFC) Stock Rose, Holder Brookside Capital Management Has Trimmed Position by $8.13 Million

E*TRADE Financial Corporation (NASDAQ:ETFC) Logo

Bain Capital decreased its stake in E Trade Financial Corp (ETFC) by 47.34% based on its latest 2018Q1 regulatory filing with the SEC. Brookside Capital Management Llc sold 147,793 shares as the company’s stock rose 23.44% while stock markets declined. The hedge fund run by Bain Capital held 164,381 shares of the savings institutions company at the end of 2018Q1, valued at $9.11 million, down from 312,174 at the end of the previous reported quarter. Brookside Capital Management Llc who had been investing in E Trade Financial Corp for a number of months, seems to be less bullish one the $16.79B market cap company. The stock increased 2.18% or $1.36 during the last trading session, reaching $63.63. About 1.93M shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 82.27% since May 31, 2017 and is uptrending. It has outperformed by 69.70% the S&P500.

Tdam Usa Inc increased its stake in Molson Coors Brewing Co (TAP) by 9.73% based on its latest 2018Q1 regulatory filing with the SEC. Tdam Usa Inc bought 8,720 shares as the company’s stock declined 21.17% with the market. The institutional investor held 98,371 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $7.41 million, up from 89,651 at the end of the previous reported quarter. Tdam Usa Inc who had been investing in Molson Coors Brewing Co for a number of months, seems to be bullish on the $13.46B market cap company. The stock increased 1.28% or $0.79 during the last trading session, reaching $62.35. About 1.66M shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 35.10% since May 31, 2017 and is downtrending. It has underperformed by 47.67% the S&P500.

Since January 30, 2018, it had 0 buys, and 6 selling transactions for $12.52 million activity. The insider Pizzi Michael A. sold 69,829 shares worth $3.60M. Another trade for 7,680 shares valued at $407,040 was sold by Simonich Brent. Roessner Karl A had sold 115,059 shares worth $5.96 million. Another trade for 13,174 shares valued at $675,418 was sold by LAWSON RODGER A. $105,500 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was sold by SCLAFANI JOSEPH L on Tuesday, January 30.

Among 24 analysts covering E*TRADE (NASDAQ:ETFC), 22 have Buy rating, 0 Sell and 2 Hold. Therefore 92% are positive. E*TRADE had 103 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Thursday, October 13 by Bank of America. The firm has “Hold” rating by Jefferies given on Thursday, April 19. Barclays Capital maintained the shares of ETFC in report on Tuesday, October 10 with “Overweight” rating. Jefferies maintained the stock with “Hold” rating in Monday, August 28 report. Keefe Bruyette & Woods maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Thursday, July 20 with “Hold” rating. Jefferies maintained the shares of ETFC in report on Tuesday, April 10 with “Hold” rating. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Buy” rating given on Friday, January 22 by Compass Point. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, October 19. The firm has “Overweight” rating given on Tuesday, January 30 by Morgan Stanley. Jefferies maintained E*TRADE Financial Corporation (NASDAQ:ETFC) rating on Monday, January 8. Jefferies has “Hold” rating and $56.0 target.

Analysts await E*TRADE Financial Corporation (NASDAQ:ETFC) to report earnings on July, 19. They expect $0.88 EPS, up 69.23% or $0.36 from last year’s $0.52 per share. ETFC’s profit will be $232.19 million for 18.08 P/E if the $0.88 EPS becomes a reality. After $0.88 actual EPS reported by E*TRADE Financial Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Brookside Capital Management Llc, which manages about $1.37B US Long portfolio, upped its stake in Honeywell Intl Inc (NYSE:HON) by 333,625 shares to 570,710 shares, valued at $82.47M in 2018Q1, according to the filing. It also increased its holding in Wex Inc (NYSE:WEX) by 62,087 shares in the quarter, for a total of 112,387 shares, and has risen its stake in Ball Corp (NYSE:BLL).

More news for E*TRADE Financial Corporation (NASDAQ:ETFC) were recently published by: Seekingalpha.com, which released: “Shopify Cannot Be Killed Easily – Cramer’s Lightning Round (5/23/18)” on May 24, 2018. Investorplace.com‘s article titled: “5 Best Profitable Stocks to Garner Stunning Returns” and published on May 29, 2018 is yet another important article.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.08, from 0.96 in 2017Q4. It turned negative, as 39 investors sold ETFC shares while 168 reduced holdings. 60 funds opened positions while 122 raised stakes. 236.43 million shares or 0.72% less from 238.15 million shares in 2017Q4 were reported. Lpl Fincl Ltd Llc, a California-based fund reported 54,505 shares. 111 are owned by Earnest Partners Ltd. Moreover, Hudson Bay Cap Mgmt Limited Partnership has 0.33% invested in E*TRADE Financial Corporation (NASDAQ:ETFC). Blackrock reported 21.72M shares. Gateway Inv Advisers Limited Liability Company holds 14,749 shares. Ls Investment Advsr Limited Liability holds 0.04% or 10,887 shares. Enterprise Services invested in 6,530 shares. Cibc World has invested 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Susquehanna Group Inc Ltd Liability Partnership has invested 0% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). New England Rech & Management invested 0.64% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Chase Inv Counsel Corporation invested in 2.01% or 70,125 shares. Amalgamated Retail Bank has invested 0.08% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Ameritas Investment Ptnrs has 5,598 shares for 0.01% of their portfolio. Mitchell Cap Mgmt holds 98,830 shares. C M Bidwell Assocs Ltd owns 15,295 shares.

More important recent Molson Coors Brewing Company (NYSE:TAP) news were published by: Seekingalpha.com which released: “Stifel cools on Molson Coors” on May 17, 2018, also Seekingalpha.com published article titled: “RIP Consumer Staples?”, Seekingalpha.com published: “Molson Coors Brewing (TAP) Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. More interesting news about Molson Coors Brewing Company (NYSE:TAP) was released by: Fool.com and their article: “Why Molson Coors, Gilead Sciences, and Yum China Holdings Slumped Today” with publication date: May 02, 2018.

Among 16 analysts covering Molson Coors Brewing Company (NYSE:TAP), 7 have Buy rating, 0 Sell and 9 Hold. Therefore 44% are positive. Molson Coors Brewing Company had 60 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Thursday, May 3. Susquehanna maintained Molson Coors Brewing Company (NYSE:TAP) on Thursday, June 8 with “Buy” rating. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Outperform” rating by Credit Suisse on Thursday, February 15. The rating was maintained by Susquehanna with “Buy” on Tuesday, August 29. The firm has “Hold” rating given on Tuesday, April 17 by Goldman Sachs. The company was upgraded on Monday, February 12 by Credit Suisse. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Hold” rating given on Tuesday, August 22 by Cowen & Co. The rating was maintained by Credit Suisse with “Neutral” on Friday, September 29. Stifel Nicolaus maintained it with “Buy” rating and $71 target in Thursday, May 3 report. The firm has “Buy” rating given on Friday, July 29 by Citigroup.

Since January 16, 2018, it had 0 insider purchases, and 4 selling transactions for $5.05 million activity. $4.73 million worth of Molson Coors Brewing Company (NYSE:TAP) was sold by COORS PETER H. Hunter Mark also sold $126,800 worth of Molson Coors Brewing Company (NYSE:TAP) shares. Cox Simon had sold 203 shares worth $16,378.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart