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Diageo Plc (DEO) Share Price Rose While Beacon Financial Group Has Trimmed Its Holding by $1.03 Million; Arrowpoint Asset Management Has Decreased Union Pac (UNP) Stake as Stock Price Declined

Beacon Financial Group decreased its stake in Diageo Plc (DEO) by 38.58% based on its latest 2017Q3 regulatory filing with the SEC. Beacon Financial Group sold 7,787 shares as the company’s stock rose 5.26% with the market. The institutional investor held 12,399 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.64M, down from 20,186 at the end of the previous reported quarter. Beacon Financial Group who had been investing in Diageo Plc for a number of months, seems to be less bullish one the $80.49B market cap company. The stock increased 0.10% or $0.14 during the last trading session, reaching $140.5. About 255,493 shares traded. Diageo plc (NYSE:DEO) has risen 12.82% since February 19, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Arrowpoint Asset Management Llc decreased its stake in Union Pac Corp (UNP) by 50.53% based on its latest 2017Q3 regulatory filing with the SEC. Arrowpoint Asset Management Llc sold 30,000 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 29,370 shares of the railroads company at the end of 2017Q3, valued at $3.41 million, down from 59,370 at the end of the previous reported quarter. Arrowpoint Asset Management Llc who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $105.69 billion market cap company. The stock increased 0.28% or $0.38 during the last trading session, reaching $134.27. About 3.60 million shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since February 19, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Among 29 analysts covering Union Pacific Corporation (NYSE:UNP), 13 have Buy rating, 2 Sell and 14 Hold. Therefore 45% are positive. Union Pacific Corporation had 104 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 24 by Seaport Global. The stock of Union Pacific Corporation (NYSE:UNP) has “Buy” rating given on Friday, October 27 by TD Securities. The rating was maintained by Scotia Capital on Thursday, January 25 with “Hold”. The firm has “Buy” rating given on Thursday, November 30 by BMO Capital Markets. The stock of Union Pacific Corporation (NYSE:UNP) earned “Neutral” rating by Buckingham Research on Wednesday, January 18. RBC Capital Markets maintained Union Pacific Corporation (NYSE:UNP) on Thursday, July 20 with “Hold” rating. The stock has “Neutral” rating by Citigroup on Wednesday, October 4. The firm has “Hold” rating by Scotia Capital given on Thursday, January 11. On Thursday, June 1 the stock rating was maintained by RBC Capital Markets with “Hold”. Stifel Nicolaus maintained the shares of UNP in report on Tuesday, June 27 with “Hold” rating.

Arrowpoint Asset Management Llc, which manages about $5.56 billion and $8.80B US Long portfolio, upped its stake in Evolent Health Inc by 1.40 million shares to 2.88M shares, valued at $51.31M in 2017Q3, according to the filing. It also increased its holding in Wabtec Corp (NYSE:WAB) by 218,688 shares in the quarter, for a total of 1.19 million shares, and has risen its stake in Dbv Technologies S A.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.02, from 0.92 in 2017Q2. It worsened, as 67 investors sold UNP shares while 490 reduced holdings. 95 funds opened positions while 408 raised stakes. 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. Amf Pensionsforsakring Ab has invested 0.96% of its portfolio in Union Pacific Corporation (NYSE:UNP). Vident Invest Advisory Lc holds 2,500 shares or 0.02% of its portfolio. Commonwealth Equity Serv holds 129,142 shares. 1,639 are owned by Srb. Dubuque Fincl Bank & Tru Company holds 1,098 shares. Wellington Shields Cap Lc holds 0.24% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 15,280 shares. Capital City Communication Fl invested 1.26% of its portfolio in Union Pacific Corporation (NYSE:UNP). Regentatlantic Cap Limited Liability Corp has 50,165 shares for 0.5% of their portfolio. Wms Ptnrs Llc has 7,449 shares for 0.1% of their portfolio. Cap Rech Glob Invsts holds 0.77% or 22.05 million shares in its portfolio. Stifel Fincl holds 1.18M shares. Choate Advsr invested 0.11% in Union Pacific Corporation (NYSE:UNP). American Money Mgmt Ltd Liability Corporation holds 2.04% of its portfolio in Union Pacific Corporation (NYSE:UNP) for 26,516 shares. Dixon Hubard Feinour Brown Incorporated Va owns 1,964 shares. Stratos Wealth Limited owns 27,771 shares.

Among 26 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 7 Hold. Therefore 62% are positive. Diageo had 42 analyst reports since July 31, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $155.4 target in Tuesday, October 31 report. The company was downgraded on Thursday, May 25 by Citigroup. Goldman Sachs upgraded Diageo plc (NYSE:DEO) on Tuesday, June 28 to “Neutral” rating. Investec upgraded the stock to “Buy” rating in Thursday, August 6 report. The firm has “Buy” rating given on Monday, June 19 by Jefferies. On Friday, October 16 the stock rating was initiated by HSBC with “Hold”. The firm earned “Buy” rating on Friday, September 1 by Jefferies. The rating was initiated by Liberum Capital with “Hold” on Monday, October 3. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Buy”. The company was upgraded on Monday, June 27 by Societe Generale.

Beacon Financial Group, which manages about $554.06M US Long portfolio, upped its stake in Novartis Ag (NYSE:NVS) by 6,713 shares to 30,879 shares, valued at $2.65 million in 2017Q3, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 12,571 shares in the quarter, for a total of 44,367 shares, and has risen its stake in Altria Group Inc (NYSE:MO).

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