Thursday, 1 February 2018

Ledyard National Bank Trimmed Its Position in Suntrust Banks (STI) by $337,480; Clorox Co Del (CLX) Valuation Declined While Cedar Rock Capital LTD Has Decreased Its Position by $1.98 Million

Ledyard National Bank decreased its stake in Suntrust Banks Inc (STI) by 3.52% based on its latest 2017Q3 regulatory filing with the SEC. Ledyard National Bank sold 5,720 shares as the company’s stock declined 9.30% while stock markets rallied. The institutional investor held 156,806 shares of the finance company at the end of 2017Q3, valued at $9.37M, down from 162,526 at the end of the previous reported quarter. Ledyard National Bank who had been investing in Suntrust Banks Inc for a number of months, seems to be less bullish one the $33.30 billion market cap company. The stock increased 0.27% or $0.19 during the last trading session, reaching $70.7. About 2.84M shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since January 31, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

Andy Brown decreased its stake in Clorox Co Del (CLX) by 0.6% based on its latest 2017Q3 regulatory filing with the SEC. Cedar Rock Capital Ltd sold 15,077 shares as the company’s stock declined 1.16% while stock markets rallied. The hedge fund run by Andy Brown held 2.48M shares of the specialty chemicals company at the end of 2017Q3, valued at $327.08 million, down from 2.49M at the end of the previous reported quarter. Cedar Rock Capital Ltd who had been investing in Clorox Co Del for a number of months, seems to be less bullish one the $18.27B market cap company. The stock decreased 0.05% or $0.07 during the last trading session, reaching $141.69. About 1.80 million shares traded or 109.88% up from the average. The Clorox Company (NYSE:CLX) has risen 1.68% since January 31, 2017 and is uptrending. It has underperformed by 15.02% the S&P500.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.15, from 0.95 in 2017Q2. It improved, as 43 investors sold CLX shares while 223 reduced holdings. 57 funds opened positions while 236 raised stakes. 90.68 million shares or 2.85% more from 88.17 million shares in 2017Q2 were reported. 300 were accumulated by Vigilant Mgmt Llc. Peak6 Limited Partnership has invested 0.01% of its portfolio in The Clorox Company (NYSE:CLX). Glenmede Company Na stated it has 64,535 shares. Capstone Investment Advsr Limited Com holds 0.02% or 5,100 shares. Nbt Savings Bank N A has 11,582 shares for 0.24% of their portfolio. Texas Yale Cap, Florida-based fund reported 13,365 shares. Wellington Grp Llp holds 0% or 2,658 shares. Hartford Mgmt holds 27,820 shares or 0.07% of its portfolio. Mutual Of Omaha Savings Bank Wealth Mgmt has invested 0.1% in The Clorox Company (NYSE:CLX). Nordea Mngmt invested in 8,772 shares or 0% of the stock. Profund Ltd Liability Company reported 3,062 shares or 0.02% of all its holdings. Oakbrook Invests Ltd Company has invested 0.02% in The Clorox Company (NYSE:CLX). Hills Bank Tru holds 0.27% of its portfolio in The Clorox Company (NYSE:CLX) for 6,469 shares. Bernzott Advsrs reported 1,607 shares. Argent Trust invested 0.18% of its portfolio in The Clorox Company (NYSE:CLX).

Analysts await The Clorox Company (NYSE:CLX) to report earnings on February, 2. They expect $1.22 earnings per share, down 2.40% or $0.03 from last year’s $1.25 per share. CLX’s profit will be $157.30 million for 29.03 P/E if the $1.22 EPS becomes a reality. After $1.46 actual earnings per share reported by The Clorox Company for the previous quarter, Wall Street now forecasts -16.44% negative EPS growth.

Since August 23, 2017, it had 0 insider purchases, and 3 sales for $2.94 million activity. Shares for $297,804 were sold by Willoughby Dawn C. Shares for $1.37 million were sold by Foster James E.

Among 15 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 1 Sell and 11 Hold. Therefore 20% are positive. The Clorox Company had 46 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained The Clorox Company (NYSE:CLX) on Tuesday, November 3 with “Sector Perform” rating. The rating was maintained by UBS on Tuesday, November 3 with “Sell”. The company was maintained on Thursday, November 2 by Morgan Stanley. Jefferies maintained the shares of CLX in report on Monday, June 12 with “Hold” rating. The stock of The Clorox Company (NYSE:CLX) earned “Underweight” rating by Barclays Capital on Monday, March 21. The stock of The Clorox Company (NYSE:CLX) earned “Neutral” rating by Atlantic Securities on Tuesday, June 14. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 4. The stock of The Clorox Company (NYSE:CLX) has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. On Thursday, August 3 the stock rating was maintained by Jefferies with “Hold”. The firm has “Outperform” rating given on Friday, November 10 by Consumer Edge Research.

Since August 14, 2017, it had 0 buys, and 2 sales for $554,242 activity. Lienhard Jerome T also sold $507,911 worth of SunTrust Banks, Inc. (NYSE:STI) on Tuesday, January 23.

Ledyard National Bank, which manages about $753.72 million US Long portfolio, upped its stake in Ishares Msci Germany Etf (EWG) by 9,572 shares to 23,002 shares, valued at $746,000 in 2017Q3, according to the filing. It also increased its holding in Facebook Inc (NASDAQ:FB) by 3,937 shares in the quarter, for a total of 38,140 shares, and has risen its stake in Ishares Msci United Kingdom Etf.

The post Ledyard National Bank Trimmed Its Position in Suntrust Banks (STI) by $337,480; Clorox Co Del (CLX) Valuation Declined While Cedar Rock Capital LTD Has Decreased Its Position by $1.98 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



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