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Choate Investment Advisors Lifted Its Norfolk Southern (NSC) Holding by $41.79 Million as Market Valuation Declined; As Ball (BLL) Share Value Rose, Shareholder Brookside Capital Management Has Lowered Its Holding by $14.75 Million

Bain Capital decreased its stake in Ball Corp (BLL) by 21.84% based on its latest 2017Q3 regulatory filing with the SEC. Brookside Capital Management Llc sold 359,708 shares as the company’s stock rose 9.29% with the market. The hedge fund run by Bain Capital held 1.29M shares of the containers and packaging company at the end of 2017Q3, valued at $53.17 million, down from 1.65M at the end of the previous reported quarter. Brookside Capital Management Llc who had been investing in Ball Corp for a number of months, seems to be less bullish one the $13.87 billion market cap company. The stock increased 1.28% or $0.5 during the last trading session, reaching $39.62. About 2.59M shares traded. Ball Corporation (NYSE:BLL) has risen 12.13% since February 18, 2017 and is uptrending. It has underperformed by 4.57% the S&P500.

Choate Investment Advisors increased its stake in Norfolk Southern Corp (NSC) by 5.32% based on its latest 2017Q3 regulatory filing with the SEC. Choate Investment Advisors bought 316 shares as the company’s stock declined 7.75% while stock markets rallied. The institutional investor held 6,255 shares of the railroads company at the end of 2017Q3, valued at $827.16 million, up from 5,939 at the end of the previous reported quarter. Choate Investment Advisors who had been investing in Norfolk Southern Corp for a number of months, seems to be bullish on the $40.51 billion market cap company. The stock increased 0.18% or $0.26 during the last trading session, reaching $142.64. About 1.28M shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 34.32% since February 18, 2017 and is uptrending. It has outperformed by 17.62% the S&P500.

Investors sentiment decreased to 1.34 in 2017 Q3. Its down 6.30, from 7.64 in 2017Q2. It dropped, as 27 investors sold BLL shares while 116 reduced holdings. 44 funds opened positions while 148 raised stakes. 302.34 million shares or 48.35% less from 585.36 million shares in 2017Q2 were reported. 17.02 million were reported by Fmr Ltd Liability Corporation. Gemmer Asset Management Ltd accumulated 390 shares or 0.01% of the stock. The Colorado-based Amg Savings Bank has invested 2% in Ball Corporation (NYSE:BLL). Laurion Capital Mngmt Lp stated it has 7,184 shares. State Treasurer State Of Michigan holds 106,752 shares or 0.04% of its portfolio. Virtus Inv Advisers has 0.03% invested in Ball Corporation (NYSE:BLL) for 7,857 shares. Advsrs Asset Management holds 75,112 shares or 0.05% of its portfolio. Cooke Bieler Ltd Partnership reported 1.95 million shares stake. Veritas Investment Mngmt Llp holds 0% or 114 shares in its portfolio. Farmers And Merchants Investments has 117 shares. Ameriprise Inc reported 2.10 million shares. Whittier Comm Of Nevada Incorporated has 0.01% invested in Ball Corporation (NYSE:BLL). The Switzerland-based Swiss Bancshares has invested 0.06% in Ball Corporation (NYSE:BLL). Geode Mngmt Ltd Co owns 3.50 million shares for 0.05% of their portfolio. 14,800 are held by Boothbay Fund Mngmt Ltd Com.

Brookside Capital Management Llc, which manages about $1.58 billion US Long portfolio, upped its stake in Johnson Ctls Intl Plc by 352,762 shares to 2.11M shares, valued at $85.19 million in 2017Q3, according to the filing. It also increased its holding in Barracuda Networks Inc (NYSE:CUDA) by 242,934 shares in the quarter, for a total of 466,034 shares, and has risen its stake in Puma Biotechnology Inc (NYSE:PBYI).

Since August 15, 2017, it had 0 buys, and 7 insider sales for $3.26 million activity. Shares for $697,110 were sold by Pauley Lisa Ann on Wednesday, September 20. Knobel Jeff A also sold $209,326 worth of Ball Corporation (NYSE:BLL) on Friday, September 8. MORRISON SCOTT C sold $100,065 worth of Ball Corporation (NYSE:BLL) on Friday, January 19.

Among 14 analysts covering Ball Corporation (NYSE:BLL), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Ball Corporation had 38 analyst reports since October 15, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of BLL in report on Friday, July 7 with “Hold” rating. The stock of Ball Corporation (NYSE:BLL) has “Outperform” rating given on Monday, December 4 by BMO Capital Markets. Citigroup upgraded it to “Buy” rating and $45.0 target in Wednesday, January 17 report. On Tuesday, November 10 the stock rating was upgraded by Macquarie Research to “Outperform”. KeyBanc Capital Markets downgraded Ball Corporation (NYSE:BLL) on Friday, December 8 to “Underweight” rating. Jefferies maintained Ball Corporation (NYSE:BLL) on Friday, August 5 with “Buy” rating. Citigroup maintained it with “Neutral” rating and $80 target in Friday, August 5 report. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, October 10. The company was upgraded on Friday, February 3 by Vertical Research. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, July 19.

Since August 15, 2017, it had 0 insider purchases, and 5 selling transactions for $2.36 million activity. 467 shares were sold by Hurlbut Thomas E, worth $70,130. On Friday, August 25 the insider Wheeler Michael Joseph sold $281,274.

Choate Investment Advisors, which manages about $3.44B and $1850.04 billion US Long portfolio, decreased its stake in Technology Select Sect Spdr (XLK) by 2,777 shares to 23,496 shares, valued at $1.39 billion in 2017Q3, according to the filing. It also reduced its holding in Walgreens Boots Alliance Inc by 1,182 shares in the quarter, leaving it with 32,190 shares, and cut its stake in Stryker Corporation (NYSE:SYK).

Among 30 analysts covering Norfolk Southern Corp. (NYSE:NSC), 7 have Buy rating, 5 Sell and 18 Hold. Therefore 23% are positive. Norfolk Southern Corp. had 93 analyst reports since July 28, 2015 according to SRatingsIntel. Topeka Capital Markets initiated Norfolk Southern Corporation (NYSE:NSC) on Tuesday, August 11 with “Hold” rating. The rating was upgraded by Scotia Capital to “Sector Outperform” on Friday, January 12. The company was maintained on Thursday, January 25 by Credit Suisse. The stock has “Hold” rating by Argus Research on Friday, July 31. The rating was maintained by Morgan Stanley on Monday, October 2 with “Underweight”. The stock has “Outperform” rating by Cowen & Co on Thursday, January 28. TD Securities maintained Norfolk Southern Corporation (NYSE:NSC) on Friday, April 28 with “Hold” rating. On Tuesday, July 28 the stock rating was downgraded by Scotia Capital to “Hold”. The firm has “Sell” rating by RBC Capital Markets given on Tuesday, January 9. As per Thursday, July 6, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 0.83 in 2017 Q3. Its down 0.04, from 0.87 in 2017Q2. It dropped, as 44 investors sold NSC shares while 341 reduced holdings. 79 funds opened positions while 239 raised stakes. 201.79 million shares or 1.34% more from 199.13 million shares in 2017Q2 were reported. Archford Strategies Limited Liability Corporation reported 3,492 shares stake. Koshinski Asset Inc has invested 0.07% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Cibc World invested 0.05% in Norfolk Southern Corporation (NYSE:NSC). Huntington Financial Bank holds 0.14% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 64,260 shares. Rodgers Brothers holds 0.14% or 3,000 shares. Hanseatic Mngmt Svcs Inc reported 0.6% in Norfolk Southern Corporation (NYSE:NSC). Wealthtrust invested in 0.03% or 500 shares. Moreover, Manufacturers Life The has 0.05% invested in Norfolk Southern Corporation (NYSE:NSC) for 325,385 shares. Independent Invsts Incorporated invested in 18,200 shares or 1% of the stock. Arrowstreet Cap Lp holds 193,847 shares. Franklin Street Advsrs Nc stated it has 14,685 shares or 0.32% of all its holdings. Ls Inv Advsrs Lc, a Michigan-based fund reported 12,856 shares. Toronto Dominion Natl Bank has invested 0.05% in Norfolk Southern Corporation (NYSE:NSC). First Quadrant LP Ca stated it has 108,626 shares or 0.28% of all its holdings. Dowling & Yahnke Ltd Limited Liability Company holds 0.03% in Norfolk Southern Corporation (NYSE:NSC) or 2,305 shares.

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