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Tt International Lowered Its Holding in Taiwan Semiconductor Mfg LTD (TSM) as Share Value Rose; Dekabank Deutsche Girozentrale Has Raised Stake in Pinnacle West Cap (PNW) as Shares Rose

Tt International decreased its stake in Taiwan Semiconductor Mfg Ltd (TSM) by 91.08% based on its latest 2017Q3 regulatory filing with the SEC. Tt International sold 791,835 shares as the company’s stock rose 8.84% with the market. The institutional investor held 77,588 shares of the semiconductors company at the end of 2017Q3, valued at $2.91 million, down from 869,423 at the end of the previous reported quarter. Tt International who had been investing in Taiwan Semiconductor Mfg Ltd for a number of months, seems to be less bullish one the $198.98 billion market cap company. The stock decreased 0.44% or $0.19 during the last trading session, reaching $42.7. About 142,627 shares traded. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 51.40% since February 22, 2017 and is uptrending. It has outperformed by 34.70% the S&P500.

Dekabank Deutsche Girozentrale increased its stake in Pinnacle West Cap Corp (PNW) by 18.36% based on its latest 2017Q3 regulatory filing with the SEC. Dekabank Deutsche Girozentrale bought 4,235 shares as the company’s stock rose 7.46% with the market. The institutional investor held 27,302 shares of the central company at the end of 2017Q3, valued at $2.50M, up from 23,067 at the end of the previous reported quarter. Dekabank Deutsche Girozentrale who had been investing in Pinnacle West Cap Corp for a number of months, seems to be bullish on the $8.52B market cap company. The stock increased 0.18% or $0.14 during the last trading session, reaching $76.24. About 6,453 shares traded. Pinnacle West Capital Corporation (NYSE:PNW) has risen 18.43% since February 22, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

Analysts await Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to report earnings on April, 12. They expect $0.58 earnings per share, up 7.41% or $0.04 from last year’s $0.54 per share. TSM’s profit will be $2.70B for 18.41 P/E if the $0.58 EPS becomes a reality. After $0.64 actual earnings per share reported by Taiwan Semiconductor Manufacturing Company Limited for the previous quarter, Wall Street now forecasts -9.38% negative EPS growth.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Taiwan Semiconductor Manufacturing had 15 analyst reports since August 24, 2015 according to SRatingsIntel. As per Monday, November 27, the company rating was downgraded by Morgan Stanley. The rating was downgraded by HSBC to “Hold” on Wednesday, June 21. The firm earned “Buy” rating on Tuesday, January 16 by HSBC. The firm has “Buy” rating by Goldman Sachs given on Monday, January 22. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, September 6. The firm earned “Neutral” rating on Tuesday, October 4 by Susquehanna. The stock has “Buy” rating by J.P. Morgan on Tuesday, October 10. The firm has “Hold” rating given on Thursday, January 18 by Susquehanna. The stock has “Outperform” rating by Credit Suisse on Friday, December 11. The rating was downgraded by HSBC on Thursday, October 13 to “Hold”.

Tt International, which manages about $8.38B and $595.48 million US Long portfolio, upped its stake in Advance Auto Parts Inc (NYSE:AAP) by 19,025 shares to 33,184 shares, valued at $3.29 million in 2017Q3, according to the filing. It also increased its holding in Global Pmts Inc (NYSE:GPN) by 23,780 shares in the quarter, for a total of 105,283 shares, and has risen its stake in Alphabet Inc.

Dekabank Deutsche Girozentrale, which manages about $12.83 billion US Long portfolio, decreased its stake in Convergys Corp (NYSE:CVG) by 36,800 shares to 181,700 shares, valued at $4.29M in 2017Q3, according to the filing. It also reduced its holding in Halliburton Co (NYSE:HAL) by 18,500 shares in the quarter, leaving it with 248,291 shares, and cut its stake in Regeneron Pharmaceuticals (NASDAQ:REGN).

Since August 23, 2017, it had 0 insider purchases, and 2 sales for $2.32 million activity. 4,600 shares valued at $413,908 were sold by Falck David P on Thursday, August 24. MUNRO KATHRYN L sold $163,046 worth of stock or 1,806 shares.

Among 12 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 0 have Buy rating, 1 Sell and 11 Hold. Therefore 0 are positive. Pinnacle West Capital Corporation had 52 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Williams Capital Group to “Hold” on Tuesday, March 7. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, February 13. The firm has “Hold” rating given on Sunday, October 1 by RBC Capital Markets. Williams Capital Group upgraded Pinnacle West Capital Corporation (NYSE:PNW) on Monday, October 10 to “Buy” rating. SunTrust maintained the shares of PNW in report on Tuesday, January 16 with “Hold” rating. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by RBC Capital Markets on Sunday, November 5 with “Hold”. The rating was upgraded by Zacks to “Sell” on Monday, August 17. The firm has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. RBC Capital Markets maintained Pinnacle West Capital Corporation (NYSE:PNW) on Monday, February 22 with “Sector Perform” rating.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.44, from 0.86 in 2017Q2. It increased, as 18 investors sold PNW shares while 129 reduced holdings. 52 funds opened positions while 139 raised stakes. 89.24 million shares or 1.50% less from 90.60 million shares in 2017Q2 were reported. Keybank National Association Oh, a Ohio-based fund reported 5,671 shares. Magnetar Fincl Limited Com holds 0.03% or 15,295 shares in its portfolio. Paloma Prns Mngmt reported 110,632 shares or 0.13% of all its holdings. Stratos Wealth Ptnrs Ltd holds 0.01% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 2,983 shares. Us National Bank & Trust De owns 60,355 shares. Hexavest accumulated 268,935 shares. Oakworth Capital invested in 60 shares. Quantitative Systematic Strategies Limited holds 0.06% or 2,527 shares. Aperio Gru Limited Liability Corporation reported 0.16% in Pinnacle West Capital Corporation (NYSE:PNW). Proshare Advisors Lc reported 15,859 shares. Tru Of Vermont reported 0.02% stake. Texas Permanent School Fund stated it has 30,935 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.14% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 180,200 shares. Virtus Invest Advisers Inc accumulated 2,247 shares. New York State Common Retirement Fund accumulated 0.03% or 235,900 shares.

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