Ifc Holdings Incorporated increased its stake in Cummins Inc (CMI) by 23.2% based on its latest 2017Q3 regulatory filing with the SEC. Ifc Holdings Incorporated bought 2,099 shares as the company’s stock rose 1.30% with the market. The institutional investor held 11,146 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.87M, up from 9,047 at the end of the previous reported quarter. Ifc Holdings Incorporated who had been investing in Cummins Inc for a number of months, seems to be bullish on the $27.23B market cap company. The stock decreased 1.01% or $1.68 during the last trading session, reaching $164.05. About 2.81M shares traded or 91.98% up from the average. Cummins Inc. (NYSE:CMI) has risen 43.32% since February 10, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.
A-R-T- Advisors Llc decreased its stake in Ing Groep N V (ING) by 16.56% based on its latest 2017Q3 regulatory filing with the SEC. A-R-T- Advisors Llc sold 25,500 shares as the company’s stock rose 17.61% with the market. The hedge fund held 128,500 shares of the finance company at the end of 2017Q3, valued at $2.37 million, down from 154,000 at the end of the previous reported quarter. A-R-T- Advisors Llc who had been investing in Ing Groep N V for a number of months, seems to be less bullish one the $69.30B market cap company. It closed at $18.22 lastly. It is up 45.69% since February 10, 2017 and is uptrending. It has outperformed by 28.99% the S&P500.
Among 9 analysts covering ING Groep N.V. (NYSE:ING), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. ING Groep N.V. had 10 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, August 27. The stock of ING Groep N.V. (NYSE:ING) has “Underweight” rating given on Thursday, March 31 by Morgan Stanley. Deutsche Bank maintained the shares of ING in report on Tuesday, June 20 with “Buy” rating. HSBC downgraded the shares of ING in report on Wednesday, May 31 to “Hold” rating. The firm earned “Buy” rating on Friday, February 5 by Kepler Cheuvreux. On Wednesday, December 7 the stock rating was downgraded by Independent Research to “Hold”. On Tuesday, January 17 the stock rating was downgraded by Goldman Sachs to “Neutral”. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 23. Natixis initiated the shares of ING in report on Friday, October 9 with “Buy” rating.
A-R-T- Advisors Llc, which manages about $4.41B and $1.96 billion US Long portfolio, upped its stake in Wns Holdings Ltd (NYSE:WNS) by 13,300 shares to 25,636 shares, valued at $935,000 in 2017Q3, according to the filing. It also increased its holding in Conagra Brands Inc (NYSE:CAG) by 23,700 shares in the quarter, for a total of 131,700 shares, and has risen its stake in Abbvie Inc (NYSE:ABBV).
Among 28 analysts covering Cummins (NYSE:CMI), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Cummins had 97 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, October 28, the company rating was maintained by Barclays Capital. The firm earned “Neutral” rating on Wednesday, October 28 by Robert W. Baird. The stock has “Market Perform” rating by Wells Fargo on Friday, October 6. The rating was maintained by Barclays Capital on Wednesday, January 24 with “Equal-Weight”. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, April 13. The stock of Cummins Inc. (NYSE:CMI) has “Sell” rating given on Tuesday, September 5 by Robert W. Baird. BMO Capital Markets maintained the shares of CMI in report on Thursday, July 6 with “Hold” rating. The company was upgraded on Friday, August 21 by Standpoint Research. The rating was downgraded by Robert W. Baird to “Underperform” on Thursday, April 21. The firm has “Overweight” rating by Piper Jaffray given on Thursday, April 21.
Ifc Holdings Incorporated, which manages about $3.29B and $1.43B US Long portfolio, decreased its stake in Ishares Tr (EEM) by 12,496 shares to 20,018 shares, valued at $895,000 in 2017Q3, according to the filing. It also reduced its holding in First Tr Exchange Traded Fd (EMLP) by 30,225 shares in the quarter, leaving it with 35,359 shares, and cut its stake in First Tr Exchange Traded Fd (HYLS).
Investors sentiment increased to 1.1 in Q3 2017. Its up 0.09, from 1.01 in 2017Q2. It increased, as 57 investors sold CMI shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Foster & Motley owns 10,793 shares. Sandy Spring Bankshares reported 6,602 shares or 0.11% of all its holdings. Parsec Mngmt accumulated 0.04% or 3,441 shares. Paloma Mngmt Communication reported 0.01% of its portfolio in Cummins Inc. (NYSE:CMI). Moreover, J Goldman And LP has 0.17% invested in Cummins Inc. (NYSE:CMI) for 20,000 shares. Moreover, Cambridge Research Inc has 0.07% invested in Cummins Inc. (NYSE:CMI). Nordea Inv reported 1.19 million shares stake. Tiemann Investment Ltd Liability Company holds 2,180 shares or 0.31% of its portfolio. Penobscot reported 3,085 shares. Seaward Mgmt Ltd Partnership has 0.01% invested in Cummins Inc. (NYSE:CMI). The Ontario – Canada-based Royal Bank Of Canada has invested 0.05% in Cummins Inc. (NYSE:CMI). Howe Rusling holds 0.01% or 164 shares. Inv House Ltd Com accumulated 30,899 shares or 0.68% of the stock. Renaissance Ltd holds 1.18% of its portfolio in Cummins Inc. (NYSE:CMI) for 204,963 shares. Opus Investment Mgmt Incorporated accumulated 0.37% or 12,200 shares.