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Manhattan Associates (MANH) Holder Turtle Creek Asset Management Cut Its Stake by $2.85 Million; Toron Capital Markets Boosted Phillips 66 (PSX) Stake by $2.49 Million as Stock Price Declined

Toron Capital Markets Inc increased its stake in Phillips 66 (PSX) by 16.49% based on its latest 2017Q3 regulatory filing with the SEC. Toron Capital Markets Inc bought 27,352 shares as the company’s stock declined 0.52% while stock markets rallied. The institutional investor held 193,215 shares of the integrated oil company at the end of 2017Q3, valued at $17.70M, up from 165,863 at the end of the previous reported quarter. Toron Capital Markets Inc who had been investing in Phillips 66 for a number of months, seems to be bullish on the $46.18B market cap company. The stock decreased 0.09% or $0.08 during the last trading session, reaching $91.99. About 2.22M shares traded or 13.37% up from the average. Phillips 66 (NYSE:PSX) has risen 0.77% since February 17, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Turtle Creek Asset Management Inc decreased its stake in Manhattan Associates Inc (MANH) by 67.17% based on its latest 2017Q3 regulatory filing with the SEC. Turtle Creek Asset Management Inc sold 22,300 shares as the company’s stock declined 5.87% while stock markets rallied. The institutional investor held 10,900 shares of the technology company at the end of 2017Q3, valued at $1.40 million, down from 33,200 at the end of the previous reported quarter. Turtle Creek Asset Management Inc who had been investing in Manhattan Associates Inc for a number of months, seems to be less bullish one the $2.92 billion market cap company. The stock decreased 1.63% or $0.71 during the last trading session, reaching $42.97. About 749,570 shares traded or 5.96% up from the average. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since February 17, 2017 and is downtrending. It has underperformed by 39.09% the S&P500.

Turtle Creek Asset Management Inc, which manages about $1.01 billion US Long portfolio, upped its stake in Pra Group Inc (NASDAQ:PRAA) by 1.57 million shares to 5.96 million shares, valued at $170.64M in 2017Q3, according to the filing. It also increased its holding in Tjx Companies Inc (NYSE:TJX) by 92,000 shares in the quarter, for a total of 799,350 shares, and has risen its stake in Tractor Supply Co (NASDAQ:TSCO).

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 14 analyst reports since July 22, 2015 according to SRatingsIntel. SunTrust maintained the shares of MANH in report on Wednesday, November 15 with “Buy” rating. Benchmark maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, July 22 with “Buy” rating. William Blair downgraded the stock to “Market Perform” rating in Thursday, April 28 report. The company was maintained on Wednesday, February 1 by Benchmark. The rating was initiated by William Blair with “Outperform” on Tuesday, September 29. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) has “Buy” rating given on Tuesday, October 3 by SunTrust. The company was initiated on Tuesday, January 12 by Brean Capital. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, August 23 report. Benchmark maintained it with “Buy” rating and $75 target in Wednesday, October 21 report. Raymond James downgraded Manhattan Associates, Inc. (NASDAQ:MANH) on Monday, January 9 to “Mkt Perform” rating.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.26, from 1.07 in 2017Q2. It is positive, as 35 investors sold MANH shares while 67 reduced holdings. 35 funds opened positions while 101 raised stakes. 72.05 million shares or 1.48% less from 73.13 million shares in 2017Q2 were reported. Gotham Asset Management Llc invested 0.14% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Envestnet Asset Mgmt stated it has 32,739 shares. Koch holds 15,791 shares or 0.16% of its portfolio. Virginia Retirement Systems Et Al stated it has 0.03% in Manhattan Associates, Inc. (NASDAQ:MANH). Alliancebernstein Lp owns 44,067 shares. Legal And General Grp Pcl accumulated 63,058 shares. Amalgamated Financial Bank stated it has 13,775 shares. 206,928 are held by Millennium Mgmt Ltd. Retirement Systems Of Alabama reported 88,936 shares. The Missouri-based Piermont Capital Mgmt has invested 0.12% in Manhattan Associates, Inc. (NASDAQ:MANH). Los Angeles Capital Management & Equity Rech has invested 0.02% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). First Republic Inv Management reported 9,208 shares or 0% of all its holdings. First Quadrant LP Ca holds 16,770 shares. M&T National Bank Corp stated it has 4,852 shares. Utah Retirement Sys holds 12,700 shares.

Since September 19, 2017, it had 0 insider buys, and 2 selling transactions for $373,204 activity.

Investors sentiment increased to 0.92 in Q3 2017. Its up 0.07, from 0.85 in 2017Q2. It increased, as 40 investors sold PSX shares while 369 reduced holdings. 94 funds opened positions while 282 raised stakes. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Cheviot Value Mgmt Ltd Co invested in 19,071 shares. Nuveen Asset Mgmt Lc holds 0.01% or 10,562 shares in its portfolio. Savant Capital Ltd Company holds 0.13% in Phillips 66 (NYSE:PSX) or 6,271 shares. Carnegie Cap Asset Lc accumulated 3,047 shares. Sii Investments Wi has 0.27% invested in Phillips 66 (NYSE:PSX). Beach Inv Counsel Pa stated it has 0.2% in Phillips 66 (NYSE:PSX). Silvercrest Asset Mngmt Group Ltd has 14,606 shares for 0.01% of their portfolio. Kemper Master Retirement Trust stated it has 8,500 shares or 0.47% of all its holdings. Country Tru Commercial Bank invested 0% of its portfolio in Phillips 66 (NYSE:PSX). Wesbanco Financial Bank owns 75,598 shares. Moreover, Legal General Group Public Ltd has 0.19% invested in Phillips 66 (NYSE:PSX) for 2.77 million shares. Hermes Inv Mngmt holds 0.01% of its portfolio in Phillips 66 (NYSE:PSX) for 8,939 shares. Moreover, Haverford Communications has 0.02% invested in Phillips 66 (NYSE:PSX) for 10,550 shares. Doheny Asset Management Ca accumulated 30,382 shares. First Republic Inc holds 0.05% or 72,683 shares.

Toron Capital Markets Inc, which manages about $2.21 billion US Long portfolio, decreased its stake in Credicorp Ltd (NYSE:BAP) by 3,353 shares to 119,069 shares, valued at $24.41M in 2017Q3, according to the filing. It also reduced its holding in Transcanada Corp (NYSE:TRP) by 50,216 shares in the quarter, leaving it with 1.59M shares, and cut its stake in Canadian Nat Res Ltd (NYSE:CNQ).

Among 18 analysts covering Phillips 66 (NYSE:PSX), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Phillips 66 had 71 analyst reports since August 4, 2015 according to SRatingsIntel. Goldman Sachs downgraded it to “Sell” rating and $85 target in Monday, November 23 report. RBC Capital Markets maintained Phillips 66 (NYSE:PSX) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $8800 target. Jefferies maintained the shares of PSX in report on Wednesday, December 20 with “Sell” rating. The firm has “Buy” rating given on Monday, November 13 by Piper Jaffray. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Friday, June 17 report. RBC Capital Markets maintained the shares of PSX in report on Monday, June 5 with “Hold” rating. RBC Capital Markets maintained the shares of PSX in report on Thursday, July 6 with “Hold” rating. Cowen & Co maintained it with “Buy” rating and $101.0 target in Tuesday, October 17 report. The rating was maintained by Citigroup on Wednesday, January 24 with “Neutral”. The stock of Phillips 66 (NYSE:PSX) has “Neutral” rating given on Monday, November 2 by JP Morgan.

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