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Gotham Asset Management Lowered Borgwarner (BWA) Stake By $1.37 Million; Harris (HRS) Has 0.99 Sentiment

Gotham Asset Management Llc decreased Borgwarner Inc (BWA) stake by 7.41% reported in 2017Q2 SEC filing. Gotham Asset Management Llc sold 32,727 shares as Borgwarner Inc (BWA)’s stock declined 4.67%. The Gotham Asset Management Llc holds 408,756 shares with $17.32M value, down from 441,483 last quarter. Borgwarner Inc now has $10.95B valuation. The stock decreased 0.78% or $0.41 during the last trading session, reaching $51.91. About 459,123 shares traded. BorgWarner Inc. (NYSE:BWA) has risen 25.00% since December 14, 2016 and is uptrending. It has outperformed by 8.30% the S&P500.

Harris Corporation provides technology solutions that solve government and commercial customersÂ’ mission-critical challenges in the United States and internationally. The company has market cap of $16.90 billion. The firm operates in three divisions: Communication Systems, Electronic Systems, and Space and Intelligence Systems. It has a 31.66 P/E ratio. It designs, develops, and makes radio communications products and systems, including single channel ground and airborne radio systems, 2-channel vehicular radio systems, multiband manpack and handheld radios, multi-channel manpack and airborne radios, and single-channel airborne radios, as well as wideband rifleman team, ground, and high frequency manpack radios.

Among 23 analysts covering Borgwarner Inc. (NYSE:BWA), 6 have Buy rating, 4 Sell and 13 Hold. Therefore 26% are positive. Borgwarner Inc. had 66 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, August 28 report. The rating was maintained by Robert W. Baird on Monday, October 2 with “Buy”. Barclays Capital maintained the stock with “Equalweight” rating in Monday, January 25 report. The stock has “Hold” rating by RBC Capital Markets on Monday, August 7. The firm has “Market Perform” rating by Wells Fargo given on Monday, December 19. On Wednesday, June 21 the stock rating was initiated by CLSA with “Hold”. The rating was downgraded by Evercore to “Hold” on Wednesday, January 4. As per Thursday, August 27, the company rating was maintained by Susquehanna. The stock of BorgWarner Inc. (NYSE:BWA) has “Buy” rating given on Wednesday, March 22 by Deutsche Bank. Robert W. Baird upgraded the shares of BWA in report on Wednesday, January 27 to “Outperform” rating.

Investors sentiment increased to 1.01 in Q2 2017. Its up 0.12, from 0.89 in 2017Q1. It increased, as 52 investors sold BWA shares while 163 reduced holdings. 51 funds opened positions while 141 raised stakes. 187.99 million shares or 1.20% less from 190.27 million shares in 2017Q1 were reported. Shufro Rose & Communication Llc stated it has 15,085 shares or 0.07% of all its holdings. Sumitomo Mitsui Tru Inc owns 606,149 shares or 0.04% of their US portfolio. Qs Limited Liability has 0% invested in BorgWarner Inc. (NYSE:BWA). Hermes Investment Limited reported 753,471 shares. Hsbc Holding Public Limited Company owns 128,120 shares. Mitsubishi Ufj Securities Holdg Ltd has invested 0.09% in BorgWarner Inc. (NYSE:BWA). Alecta Pensionsforsakring Omsesidigt accumulated 5.50M shares. 96,574 were accumulated by Heartland Advisors Incorporated. Brave Asset Mngmt invested in 14,784 shares or 0.33% of the stock. Cleararc Cap holds 0.03% or 4,905 shares in its portfolio. Neuberger Berman Gru Limited Liability reported 0.04% of its portfolio in BorgWarner Inc. (NYSE:BWA). Gulf Natl Bank (Uk) Limited stated it has 67,346 shares. Ims Management reported 0.83% in BorgWarner Inc. (NYSE:BWA). Invesco owns 934,652 shares or 0.01% of their US portfolio. Pictet & Cie (Europe) holds 35,595 shares.

Since August 16, 2017, it had 0 insider purchases, and 2 insider sales for $636,516 activity. CALAWAY TONIT M had sold 3,000 shares worth $134,985. $501,531 worth of BorgWarner Inc. (NYSE:BWA) shares were sold by Ericson Brady D.

Analysts await BorgWarner Inc. (NYSE:BWA) to report earnings on February, 8. They expect $1.01 EPS, up 18.82% or $0.16 from last year’s $0.85 per share. BWA’s profit will be $212.95 million for 12.85 P/E if the $1.01 EPS becomes a reality. After $0.95 actual EPS reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

Gotham Asset Management Llc increased Tupperware Brands Corp (NYSE:TUP) stake by 7,218 shares to 12,731 valued at $894,000 in 2017Q2. It also upped Regency Ctrs Corp (NYSE:REG) stake by 9,544 shares and now owns 20,876 shares. Adobe Sys Inc (NASDAQ:ADBE) was raised too.

Southport Management L.L.C. holds 7.18% of its portfolio in Harris Corporation for 24,500 shares. M. Kraus & Co owns 56,325 shares or 3.88% of their US portfolio. Moreover, First National Bank Of Mount Dora Trust Investment Services has 3.03% invested in the company for 53,510 shares. The Pennsylvania-based Wheatland Advisors Inc has invested 2.97% in the stock. Reliant Investment Management Llc, a Tennessee-based fund reported 34,101 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 sales for $8.64 million activity.

Analysts await Harris Corporation (NYSE:HRS) to report earnings on February, 1. They expect $1.40 EPS, down 1.41% or $0.02 from last year’s $1.42 per share. HRS’s profit will be $166.87M for 25.33 P/E if the $1.40 EPS becomes a reality. After $1.38 actual EPS reported by Harris Corporation for the previous quarter, Wall Street now forecasts 1.45% EPS growth.

The stock decreased 0.09% or $0.12 during the last trading session, reaching $141.82. About 155,058 shares traded. Harris Corporation (HRS) has risen 39.09% since December 14, 2016 and is uptrending. It has outperformed by 22.39% the S&P500.

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