Capital Management Boosted Albemarle (ALB) Holding by $2.76 Million as Stock Rose; Advisory Services Network Cut Its Rockwell Collins (COL) Position as Share Price Rose

January 14, 2018 - By Louis Casey

Capital Management Corp increased its stake in Albemarle Corp (ALB) by 24.65% based on its latest 2017Q3 regulatory filing with the SEC. Capital Management Corp bought 20,279 shares as the company’s stock rose 20.02% with the market. The institutional investor held 102,563 shares of the major chemicals company at the end of 2017Q3, valued at $13.98 million, up from 82,284 at the end of the previous reported quarter. Capital Management Corp who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $14.75 billion market cap company. The stock decreased 0.87% or $1.17 during the last trading session, reaching $133.52. About 990,097 shares traded. Albemarle Corporation (NYSE:ALB) has risen 45.60% since January 14, 2017 and is uptrending. It has outperformed by 28.90% the S&P500.

Advisory Services Network Llc decreased its stake in Rockwell Collins Inc (COL) by 92.43% based on its latest 2017Q3 regulatory filing with the SEC. Advisory Services Network Llc sold 9,200 shares as the company’s stock rose 9.83% with the market. The institutional investor held 754 shares of the capital goods company at the end of 2017Q3, valued at $99,000, down from 9,954 at the end of the previous reported quarter. Advisory Services Network Llc who had been investing in Rockwell Collins Inc for a number of months, seems to be less bullish one the $22.57 billion market cap company. The stock increased 0.03% or $0.04 during the last trading session, reaching $137.83. About 1.26M shares traded or 15.02% up from the average. Rockwell Collins, Inc. (NYSE:COL) has risen 16.15% since January 14, 2017 and is uptrending. It has underperformed by 0.55% the S&P500.

Among 22 analysts covering Rockwell Collins (NYSE:COL), 5 have Buy rating, 1 Sell and 16 Hold. Therefore 23% are positive. Rockwell Collins had 70 analyst reports since July 28, 2015 according to SRatingsIntel. Goldman Sachs maintained Rockwell Collins, Inc. (NYSE:COL) rating on Wednesday, April 26. Goldman Sachs has “” rating and $91 target. Robert W. Baird downgraded it to “Neutral” rating and $140 target in Wednesday, September 13 report. The stock of Rockwell Collins, Inc. (NYSE:COL) earned “Hold” rating by Drexel Hamilton on Wednesday, September 6. Barclays Capital maintained the stock with “Overweight” rating in Monday, January 25 report. The firm earned “Buy” rating on Wednesday, July 29 by Argus Research. Robert W. Baird initiated Rockwell Collins, Inc. (NYSE:COL) rating on Thursday, October 6. Robert W. Baird has “Neutral” rating and $90 target. Sterne Agee CRT maintained Rockwell Collins, Inc. (NYSE:COL) on Wednesday, September 9 with “Buy” rating. Canaccord Genuity maintained Rockwell Collins, Inc. (NYSE:COL) on Friday, October 6 with “Hold” rating. The stock of Rockwell Collins, Inc. (NYSE:COL) has “Buy” rating given on Monday, September 21 by Canaccord Genuity. The rating was maintained by Cowen & Co on Tuesday, September 5 with “Hold”.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 1.80, from 2.72 in 2017Q2. It fall, as 63 investors sold COL shares while 210 reduced holdings. 114 funds opened positions while 136 raised stakes. 112.95 million shares or 7.42% less from 122.00 million shares in 2017Q2 were reported. San Francisco Sentry Invest Gp (Ca) invested in 37 shares or 0% of the stock. Highlander Cap Management Lc holds 0.28% or 2,724 shares in its portfolio. Apg Asset Mngmt Nv reported 0.01% in Rockwell Collins, Inc. (NYSE:COL). Virginia Retirement Et Al owns 39,501 shares. Reilly Financial Advisors Limited Liability Company reported 395 shares. Fayez Sarofim, Texas-based fund reported 1,613 shares. Moreover, Mountain Pacific Advisers Id has 1.42% invested in Rockwell Collins, Inc. (NYSE:COL) for 99,253 shares. Baystate Wealth Management Limited Liability holds 100 shares or 0% of its portfolio. Barclays Public Ltd Liability Co accumulated 0.08% or 604,571 shares. Robeco Institutional Asset Management Bv holds 0.01% or 10,394 shares in its portfolio. Havens Advsrs Limited Liability Company invested in 1.5% or 17,000 shares. Clearbridge Investments Limited Liability Com holds 0.44% or 3.48M shares in its portfolio. Azimuth Capital Management Ltd Company owns 7,111 shares or 0.07% of their US portfolio. Benjamin F Edwards & stated it has 31 shares or 0% of all its holdings. Wilbanks Smith Thomas Asset Mgmt Ltd Liability Corporation holds 4,901 shares.

Advisory Services Network Llc, which manages about $620.88M and $873.62M US Long portfolio, upped its stake in Sony Corp (NYSE:SNE) by 8,934 shares to 9,591 shares, valued at $358,000 in 2017Q3, according to the filing. It also increased its holding in Vanguard Whitehall Fds Inc (VYM) by 10,446 shares in the quarter, for a total of 48,639 shares, and has risen its stake in Ishares Tr (IEI).

Analysts await Rockwell Collins, Inc. (NYSE:COL) to report earnings on January, 19. They expect $1.56 earnings per share, up 30.00% or $0.36 from last year’s $1.2 per share. COL’s profit will be $255.41M for 22.09 P/E if the $1.56 EPS becomes a reality. After $1.80 actual earnings per share reported by Rockwell Collins, Inc. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Since December 18, 2017, it had 0 insider purchases, and 2 sales for $3.87 million activity. ALLEN PATRICK E sold $3.43 million worth of stock.

Since August 23, 2017, it had 0 insider purchases, and 2 sales for $1.96 million activity. Shares for $624,811 were sold by Juneau Matthew.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.12, from 1.25 in 2017Q2. It is negative, as 53 investors sold ALB shares while 158 reduced holdings. 77 funds opened positions while 161 raised stakes. 95.18 million shares or 4.66% more from 90.94 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale holds 0.01% or 9,326 shares in its portfolio. Barclays Public Limited Com invested 0.02% of its portfolio in Albemarle Corporation (NYSE:ALB). Asset Advisors holds 500 shares. Benjamin F Edwards & Communication Inc accumulated 0.02% or 1,463 shares. L S Advsr reported 0.09% in Albemarle Corporation (NYSE:ALB). Employees Retirement Association Of Colorado owns 21,565 shares or 0.02% of their US portfolio. Fjarde Ap reported 28,415 shares. Nuveen Asset Mgmt has invested 0% in Albemarle Corporation (NYSE:ALB). Moreover, Gsa Cap Partners Llp has 0.06% invested in Albemarle Corporation (NYSE:ALB) for 6,840 shares. Ig Inv Mngmt Ltd has 7,343 shares for 0.01% of their portfolio. Cambridge Rech has 6,060 shares. Dana Invest Advsr reported 10,705 shares stake. Legal & General Grp Inc Pcl holds 580,347 shares or 0.06% of its portfolio. 6,600 are owned by Lowe Brockenbrough And. Columbus Circle Investors reported 410,096 shares or 0.95% of all its holdings.

Capital Management Corp, which manages about $401.58M and $350.14M US Long portfolio, decreased its stake in Federated Invs Inc Pa (NYSE:FII) by 11,510 shares to 307,590 shares, valued at $9.14 million in 2017Q3, according to the filing. It also reduced its holding in Marriott Intl Inc New (NASDAQ:MAR) by 11,815 shares in the quarter, leaving it with 82,943 shares, and cut its stake in Gentex Corp (NASDAQ:GNTX).

Among 21 analysts covering Albemarle Corporation (NYSE:ALB), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Albemarle Corporation had 61 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained the shares of ALB in report on Monday, July 17 with “Buy” rating. The rating was upgraded by Robert W. Baird on Tuesday, January 17 to “Outperform”. On Wednesday, April 5 the stock rating was maintained by Jefferies with “Buy”. Deutsche Bank maintained Albemarle Corporation (NYSE:ALB) on Thursday, May 12 with “Buy” rating. The company was downgraded on Wednesday, August 9 by Suntrust Robinson. The firm earned “Buy” rating on Monday, April 18 by Citigroup. The stock of Albemarle Corporation (NYSE:ALB) has “Buy” rating given on Wednesday, April 19 by RBC Capital Markets. Jefferies maintained the shares of ALB in report on Monday, August 21 with “Buy” rating. The stock has “Buy” rating by Oppenheimer on Thursday, November 9. UBS initiated Albemarle Corporation (NYSE:ALB) on Wednesday, November 11 with “Neutral” rating.

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