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As Minerals Technologies (MTX) Valuation Declined, Tocqueville Asset Management LP Boosted Position; Afam Capital Has Lifted Its Holding in Williams Sonoma (WSM) as Market Value Rose

Tocqueville Asset Management Lp increased its stake in Minerals Technologies Inc (MTX) by 11.19% based on its latest 2017Q3 regulatory filing with the SEC. Tocqueville Asset Management Lp bought 21,500 shares as the company’s stock declined 8.37% while stock markets rallied. The institutional investor held 213,646 shares of the major chemicals company at the end of 2017Q3, valued at $15.09 million, up from 192,146 at the end of the previous reported quarter. Tocqueville Asset Management Lp who had been investing in Minerals Technologies Inc for a number of months, seems to be bullish on the $2.39B market cap company. The stock increased 0.82% or $0.55 during the last trading session, reaching $67.5. About 155,313 shares traded. Minerals Technologies Inc. (NYSE:MTX) has risen 31.01% since February 10, 2017 and is uptrending. It has outperformed by 14.31% the S&P500.

Afam Capital Inc increased its stake in Williams Sonoma (WSM) by 42.35% based on its latest 2017Q3 regulatory filing with the SEC. Afam Capital Inc bought 12,198 shares as the company’s stock rose 2.93% with the market. The institutional investor held 41,002 shares of the consumer services company at the end of 2017Q3, valued at $2.04M, up from 28,804 at the end of the previous reported quarter. Afam Capital Inc who had been investing in Williams Sonoma for a number of months, seems to be bullish on the $4.36B market cap company. The stock increased 2.05% or $1.04 during the last trading session, reaching $51.81. About 2.18M shares traded or 17.97% up from the average. Williams-Sonoma, Inc. (NYSE:WSM) has risen 0.69% since February 10, 2017 and is uptrending. It has underperformed by 16.01% the S&P500.

Since September 25, 2017, it had 0 buys, and 1 insider sale for $1.80 million activity.

Tocqueville Asset Management Lp, which manages about $12.62 billion and $8.69B US Long portfolio, decreased its stake in Xl Group Ltd by 23,440 shares to 408,365 shares, valued at $16.11 million in 2017Q3, according to the filing. It also reduced its holding in Cisco Sys Inc (NASDAQ:CSCO) by 86,212 shares in the quarter, leaving it with 449,381 shares, and cut its stake in Pfizer Inc (NYSE:PFE).

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.13, from 1.37 in 2017Q2. It worsened, as 18 investors sold MTX shares while 62 reduced holdings. 24 funds opened positions while 75 raised stakes. 32.83 million shares or 0.65% more from 32.62 million shares in 2017Q2 were reported. Vanguard stated it has 0.01% in Minerals Technologies Inc. (NYSE:MTX). Alliancebernstein Ltd Partnership holds 0% or 53,220 shares in its portfolio. Tudor Investment Et Al has 6,178 shares for 0.01% of their portfolio. Gotham Asset Mgmt Ltd Liability has invested 0.03% in Minerals Technologies Inc. (NYSE:MTX). Tiaa Cref Ltd holds 209,999 shares. 206,325 are held by Investment Counselors Of Maryland. Millennium Mgmt Limited Liability invested in 26,817 shares. 30,041 were accumulated by Legal General Grp Plc. Moreover, State Board Of Administration Of Florida Retirement Systems has 0% invested in Minerals Technologies Inc. (NYSE:MTX) for 18,857 shares. Prudential Fin Inc has invested 0.01% in Minerals Technologies Inc. (NYSE:MTX). Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 0.01% or 5,119 shares in its portfolio. Rhumbline Advisers reported 83,091 shares. Eagle Asset Mngmt Inc reported 133,875 shares. Jefferies Group Incorporated Lc holds 0.01% or 10,950 shares. Louisiana State Employees Retirement Sys invested in 0.03% or 9,400 shares.

Among 3 analysts covering Minerals Technologies (NYSE:MTX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Minerals Technologies had 8 analyst reports since August 31, 2015 according to SRatingsIntel. On Friday, December 2 the stock rating was downgraded by JP Morgan to “Neutral”. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Tuesday, October 13 report. The stock has “Overweight” rating by JP Morgan on Friday, March 24. The rating was downgraded by Wedbush to “Neutral” on Thursday, May 12. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Monday, September 19. Wedbush maintained the shares of MTX in report on Tuesday, December 29 with “Outperform” rating. The stock of Minerals Technologies Inc. (NYSE:MTX) has “Outperform” rating given on Monday, August 31 by Wedbush.

Among 34 analysts covering Williams-Sonoma (NYSE:WSM), 5 have Buy rating, 7 Sell and 22 Hold. Therefore 15% are positive. Williams-Sonoma had 97 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Market Perform” rating by William Blair on Thursday, March 16. As per Thursday, August 27, the company rating was downgraded by Bank of America. RBC Capital Markets maintained Williams-Sonoma, Inc. (NYSE:WSM) on Friday, November 10 with “Hold” rating. The company was maintained on Friday, November 20 by RBC Capital Markets. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, August 27. Jefferies maintained the stock with “Hold” rating in Friday, May 26 report. The firm has “Hold” rating given on Friday, September 15 by Robert W. Baird. Citigroup maintained Williams-Sonoma, Inc. (NYSE:WSM) on Thursday, August 25 with “Buy” rating. JP Morgan downgraded Williams-Sonoma, Inc. (NYSE:WSM) on Wednesday, July 29 to “Overweight” rating. The company was initiated on Tuesday, May 24 by Topeka Capital Markets.

Afam Capital Inc, which manages about $787.96M and $827.81M US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 2,229 shares to 10,021 shares, valued at $2.55M in 2017Q3, according to the filing. It also reduced its holding in Ishares Msci Japan Index by 39,731 shares in the quarter, leaving it with 131,385 shares, and cut its stake in Ishares Jpmorgan Usd Emerging Markets Bond (EMB).

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