Permian Investment Partners Lp increased its stake in Tim Participacoes S A (TSU) by 2.81% based on its latest 2017Q3 regulatory filing with the SEC. Permian Investment Partners Lp bought 76,155 shares as the company’s stock declined 8.89% while stock markets rallied. The institutional investor held 2.79M shares of the telecommunications equipment company at the end of 2017Q3, valued at $50.98 million, up from 2.71 million at the end of the previous reported quarter. Permian Investment Partners Lp who had been investing in Tim Participacoes S A for a number of months, seems to be bullish on the $10.62B market cap company. The stock decreased 0.58% or $0.13 during the last trading session, reaching $22.2. About 276,077 shares traded. TIM ParticipaÃ§Ãµes S.A. (NYSE:TSU) has risen 48.97% since March 16, 2017 and is uptrending. It has outperformed by 32.27% the S&P500.
Amica Pension Fund Board Of Trustees decreased its stake in Ppg Industries Inc (PPG) by 26.69% based on its latest 2017Q3 regulatory filing with the SEC. Amica Pension Fund Board Of Trustees sold 3,355 shares as the company’s stock rose 4.26% with the market. The institutional investor held 9,217 shares of the basic industries company at the end of 2017Q3, valued at $1.00 million, down from 12,572 at the end of the previous reported quarter. Amica Pension Fund Board Of Trustees who had been investing in Ppg Industries Inc for a number of months, seems to be less bullish one the $28.51B market cap company. The stock increased 0.06% or $0.07 during the last trading session, reaching $114.35. About 983,113 shares traded. PPG Industries, Inc. (NYSE:PPG) has risen 1.03% since March 16, 2017 and is uptrending. It has underperformed by 15.67% the S&P500.
Amica Pension Fund Board Of Trustees, which manages about $833.52M US Long portfolio, upped its stake in National Fuel Gas Company (NYSE:NFG) by 12,503 shares to 26,154 shares, valued at $1.48M in 2017Q3, according to the filing. It also increased its holding in Alliance Data Systems Corporation (NYSE:ADS) by 3,179 shares in the quarter, for a total of 9,220 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).
Since February 22, 2018, it had 0 buys, and 1 sale for $1.10 million activity.
Among 25 analysts covering PPG Industries (NYSE:PPG), 13 have Buy rating, 0 Sell and 12 Hold. Therefore 52% are positive. PPG Industries had 70 analyst reports since September 6, 2015 according to SRatingsIntel. The stock of PPG Industries, Inc. (NYSE:PPG) has “Hold” rating given on Tuesday, October 11 by Deutsche Bank. The company was maintained on Friday, October 20 by Credit Suisse. As per Thursday, December 21, the company rating was maintained by Robert W. Baird. The firm earned “Neutral” rating on Friday, October 20 by Bank of America. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, May 30. The stock has “Buy” rating by Jefferies on Tuesday, July 4. RBC Capital Markets maintained it with “Outperform” rating and $126 target in Tuesday, September 8 report. On Friday, May 6 the stock rating was downgraded by CLSA to “Outperform”. The rating was downgraded by Argus Research on Tuesday, October 25 to “Hold”. The firm has “Buy” rating given on Tuesday, January 23 by Seaport Global.
Investors sentiment increased to 1.14 in Q3 2017. Its up 0.34, from 0.8 in 2017Q2. It is positive, as 44 investors sold PPG shares while 213 reduced holdings. 73 funds opened positions while 219 raised stakes. 186.32 million shares or 0.58% more from 185.24 million shares in 2017Q2 were reported. Sumitomo Life invested in 0.12% or 8,529 shares. British Columbia Invest Corporation, a British Columbia – Canada-based fund reported 187,104 shares. Gofen Glossberg Ltd Co Il reported 3,392 shares. Savant Ltd Liability Corp, Illinois-based fund reported 4,373 shares. Fort Washington Inv Advisors Oh has invested 0.01% in PPG Industries, Inc. (NYSE:PPG). Evercore Wealth Mngmt Lc has invested 0.02% in PPG Industries, Inc. (NYSE:PPG). Btim invested in 439,090 shares. Utah Retirement Systems invested in 47,024 shares. Investec Asset Ltd stated it has 4,811 shares or 0% of all its holdings. Northern Tru Corporation has 3.16 million shares for 0.09% of their portfolio. Salem Counselors Inc owns 0.01% invested in PPG Industries, Inc. (NYSE:PPG) for 500 shares. Moreover, Trillium Asset Management Lc has 0.03% invested in PPG Industries, Inc. (NYSE:PPG). Employees Retirement Systems Of Texas accumulated 0.15% or 108,600 shares. Verity Verity Lc owns 60,816 shares. Twin Tree Mngmt Ltd Partnership invested in 56,457 shares.
Analysts await PPG Industries, Inc. (NYSE:PPG) to report earnings on April, 19. They expect $1.42 EPS, up 5.19% or $0.07 from last year’s $1.35 per share. PPG’s profit will be $354.04 million for 20.13 P/E if the $1.42 EPS becomes a reality. After $1.19 actual EPS reported by PPG Industries, Inc. for the previous quarter, Wall Street now forecasts 19.33% EPS growth.
Permian Investment Partners Lp, which manages about $823.32 million and $628.15M US Long portfolio, decreased its stake in Sherwin Williams Co (NYSE:SHW) by 184,647 shares to 50,813 shares, valued at $18.19M in 2017Q3, according to the filing. It also reduced its holding in Nrg Energy Inc (NYSE:NRG) by 1.40 million shares in the quarter, leaving it with 4.54 million shares, and cut its stake in Csx Corp (NYSE:CSX).