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As Alaska Air Group (ALK) Stock Declined, Shareholder Altimeter Capital Management LP Has Decreased by $68.59 Million Its Position; Thrivent Financial For Lutherans Has Raised Position in Fortune Brands Home & Security (FBHS) by $1.06 Million as Market Valuation Rose

Thrivent Financial For Lutherans increased its stake in Fortune Brands Home & Security (FBHS) by 7.72% based on its latest 2017Q3 regulatory filing with the SEC. Thrivent Financial For Lutherans bought 15,880 shares as the company’s stock rose 10.95% with the market. The institutional investor held 221,554 shares of the basic industries company at the end of 2017Q3, valued at $14.89 million, up from 205,674 at the end of the previous reported quarter. Thrivent Financial For Lutherans who had been investing in Fortune Brands Home & Security for a number of months, seems to be bullish on the $10.85B market cap company. The stock increased 1.48% or $1.04 during the last trading session, reaching $71.44. About 344,577 shares traded. Fortune Brands Home & Security, Inc. (NYSE:FBHS) has risen 11.70% since January 17, 2017 and is uptrending. It has underperformed by 5.00% the S&P500.

Brad Gerstner decreased its stake in Alaska Air Group Inc (ALK) by 94.75% based on its latest 2017Q3 regulatory filing with the SEC. Altimeter Capital Management Lp sold 902,489 shares as the company’s stock declined 12.45% while stock markets rallied. The hedge fund run by Brad Gerstner held 50,000 shares of the transportation company at the end of 2017Q3, valued at $3.81 million, down from 952,489 at the end of the previous reported quarter. Altimeter Capital Management Lp who had been investing in Alaska Air Group Inc for a number of months, seems to be less bullish one the $8.82B market cap company. The stock increased 0.55% or $0.39 during the last trading session, reaching $71.67. About 977,211 shares traded. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since January 17, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Analysts await Alaska Air Group, Inc. (NYSE:ALK) to report earnings on February, 14. They expect $0.94 EPS, down 39.74% or $0.62 from last year’s $1.56 per share. ALK’s profit will be $115.67 million for 19.06 P/E if the $0.94 EPS becomes a reality. After $2.24 actual EPS reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -58.04% negative EPS growth.

Investors sentiment increased to 1.34 in Q3 2017. Its up 0.19, from 1.15 in 2017Q2. It is positive, as 53 investors sold ALK shares while 131 reduced holdings. 68 funds opened positions while 179 raised stakes. 105.25 million shares or 1.07% less from 106.39 million shares in 2017Q2 were reported. Invesco Ltd invested in 0.03% or 1.01 million shares. State Of Alaska Department Of Revenue has 0.06% invested in Alaska Air Group, Inc. (NYSE:ALK). Redmond Asset Management Limited Liability Com, Virginia-based fund reported 20,838 shares. The California-based Aperio Group Inc Ltd Liability Com has invested 0.02% in Alaska Air Group, Inc. (NYSE:ALK). Highbridge Cap Mgmt Ltd Company reported 0% stake. Atria Lc, North Carolina-based fund reported 3,367 shares. Silvercrest Asset Mngmt Group Inc Ltd holds 3,000 shares or 0% of its portfolio. The Colorado-based Alps Advsrs has invested 0% in Alaska Air Group, Inc. (NYSE:ALK). Commonwealth Equity holds 0.01% or 17,410 shares. Wedge Capital Mngmt L Ltd Partnership Nc invested in 271,784 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.36% or 53,168 shares in its portfolio. Regentatlantic Ltd reported 2,926 shares or 0.02% of all its holdings. Strs Ohio invested 0% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Hl Ltd Llc holds 0.02% or 10,326 shares. Farmers And Merchants Invs holds 0% in Alaska Air Group, Inc. (NYSE:ALK) or 66 shares.

Since August 7, 2017, it had 0 insider buys, and 2 sales for $408,160 activity. Another trade for 2,400 shares valued at $205,993 was made by TILDEN BRADLEY D on Tuesday, August 8.

Among 16 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Alaska Air Group had 74 analyst reports since July 24, 2015 according to SRatingsIntel. Buckingham Research maintained the shares of ALK in report on Thursday, October 26 with “Buy” rating. The company was maintained on Monday, November 13 by Morgan Stanley. The firm has “Overweight” rating given on Tuesday, August 4 by Morgan Stanley. The firm earned “Outperform” rating on Friday, December 4 by Cowen & Co. As per Tuesday, January 9, the company rating was downgraded by Bank of America. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Stifel Nicolaus on Monday, May 29. The firm has “Outperform” rating by Cowen & Co given on Monday, May 16. JP Morgan downgraded the shares of ALK in report on Wednesday, November 1 to “Neutral” rating. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Market Perform” rating given on Wednesday, January 4 by Cowen & Co. Morgan Stanley maintained Alaska Air Group, Inc. (NYSE:ALK) on Thursday, October 26 with “Overweight” rating.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.13, from 1.11 in 2017Q2. It dived, as 36 investors sold FBHS shares while 143 reduced holdings. 48 funds opened positions while 127 raised stakes. 124.72 million shares or 6.35% less from 133.18 million shares in 2017Q2 were reported. At Comml Bank has 0.06% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Modera Wealth Limited Liability Company invested in 5,724 shares or 0.09% of the stock. Moreover, Deutsche Savings Bank Ag has 0.02% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Insight 2811 Incorporated reported 32,434 shares. Asset Mgmt One Limited accumulated 241,815 shares. Westpac Bk owns 8,885 shares. Hightower Advsrs Limited Company, a Illinois-based fund reported 23,968 shares. Franklin Res Incorporated invested in 3,277 shares or 0% of the stock. Nomura Holdg Incorporated stated it has 0% in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Janney Montgomery Scott Ltd Limited Liability Company accumulated 11,156 shares. 7,021 are held by Private Tru Na. First Fincl Bank Of Hutchinson holds 0.45% or 10,828 shares. Sterling Capital Mgmt Limited Liability Corporation owns 75,052 shares or 0.05% of their US portfolio. Carroll Fin Assoc Inc reported 0.01% of its portfolio in Fortune Brands Home & Security, Inc. (NYSE:FBHS). Parkside Bancorp And has 0.04% invested in Fortune Brands Home & Security, Inc. (NYSE:FBHS).

Among 18 analysts covering Fortune Brands Home & Security (NYSE:FBHS), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Fortune Brands Home & Security had 48 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Monday, December 12 to “Neutral”. The firm has “Hold” rating by Barclays Capital given on Monday, May 1. As per Friday, September 23, the company rating was initiated by Bank of America. The stock has “Outperform” rating by Credit Suisse on Thursday, October 26. The rating was downgraded by KeyBanc Capital Markets on Tuesday, October 18 to “Sector Weight”. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Outperform” rating by RBC Capital Markets on Thursday, October 27. The rating was maintained by Wood with “Overweight” on Thursday, September 17. Citigroup initiated it with “Neutral” rating and $65 target in Thursday, September 1 report. Cantor Fitzgerald initiated it with “Buy” rating and $58 target in Monday, August 24 report. The stock of Fortune Brands Home & Security, Inc. (NYSE:FBHS) earned “Buy” rating by Jefferies on Thursday, June 1.

Since August 4, 2017, it had 0 insider buys, and 6 sales for $14.78 million activity. WYATT E LEE had sold 33,400 shares worth $2.17M on Monday, September 18. Shares for $357,500 were sold by WATERS RONALD V.

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