Market News

Atlantic Trust Group Raised By $13.88 Million Its Danaher Com (DHR) Holding; King Luther Capital Management Trimmed Middleby (MIDD) Position

Atlantic Trust Group Llc increased Danaher Corp Com (DHR) stake by 7.93% reported in 2017Q3 SEC filing. Atlantic Trust Group Llc acquired 163,306 shares as Danaher Corp Com (DHR)’s stock declined 2.27%. The Atlantic Trust Group Llc holds 2.22M shares with $190.76M value, up from 2.06M last quarter. Danaher Corp Com now has $69.62B valuation. The stock decreased 0.75% or $0.75 during the last trading session, reaching $99.81. About 1.92M shares traded. Danaher Corporation (NYSE:DHR) has risen 10.62% since March 21, 2017 and is uptrending. It has underperformed by 6.08% the S&P500.

King Luther Capital Management Corp decreased Middleby Corp (MIDD) stake by 8.37% reported in 2017Q3 SEC filing. King Luther Capital Management Corp sold 5,536 shares as Middleby Corp (MIDD)’s stock declined 6.89%. The King Luther Capital Management Corp holds 60,575 shares with $7.76M value, down from 66,111 last quarter. Middleby Corp now has $7.15B valuation. The stock decreased 0.23% or $0.29 during the last trading session, reaching $128.25. About 297,706 shares traded. The Middleby Corporation (NASDAQ:MIDD) has risen 8.18% since March 21, 2017 and is uptrending. It has underperformed by 8.52% the S&P500.

Atlantic Trust Group Llc decreased Wisdomtree Tr India Earnings Fd (EPI) stake by 14,500 shares to 656,320 valued at $16.52M in 2017Q3. It also reduced Epam Sys Inc Com (NYSE:EPAM) stake by 3,582 shares and now owns 214,650 shares. Crestwood Equity Partners L.P. was reduced too.

Since October 23, 2017, it had 0 insider buys, and 10 sales for $37.02 million activity. Shares for $960,736 were sold by EHRLICH DONALD J on Tuesday, October 24. Another trade for 88,184 shares valued at $8.03M was made by COMAS DANIEL L on Monday, October 23. SCHWIETERS JOHN T sold $1.06 million worth of Danaher Corporation (NYSE:DHR) on Monday, February 26. Another trade for 3,981 shares valued at $398,295 was made by Blair Rainer on Saturday, February 24. SPOON ALAN G also sold $318,249 worth of Danaher Corporation (NYSE:DHR) on Friday, February 23. Lalor Angela S had sold 42,988 shares worth $4.40 million. The insider LUTZ ROBERT S sold 11,189 shares worth $1.03 million.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.04, from 1.01 in 2017Q2. It worsened, as 58 investors sold DHR shares while 367 reduced holdings. 78 funds opened positions while 352 raised stakes. 511.08 million shares or 0.43% more from 508.92 million shares in 2017Q2 were reported. Newman Dignan And Sheerar reported 7,469 shares or 0.34% of all its holdings. Lateef Lp owns 474,742 shares or 3.65% of their US portfolio. Arete Wealth Ltd Liability Co has invested 0.08% in Danaher Corporation (NYSE:DHR). Bahl And Gaynor holds 9,430 shares. Brown Brothers Harriman & invested in 17,767 shares. First Utd National Bank holds 26,136 shares or 1.5% of its portfolio. Duff And Phelps Invest Mngmt owns 6,855 shares. Dynamic Capital Ltd invested in 3,509 shares. Badgley Phelps Bell Inc reported 0.85% stake. Evercore Na owns 1.32M shares or 0.33% of their US portfolio. Tirschwell Loewy has invested 3.16% in Danaher Corporation (NYSE:DHR). Tocqueville Asset Mngmt Limited Partnership accumulated 33,620 shares or 0.03% of the stock. Moreover, Point72 Asset Mngmt Limited Partnership has 1.01% invested in Danaher Corporation (NYSE:DHR). Wilbanks Smith Thomas Asset Ltd Liability Corporation accumulated 16,997 shares. Hills Savings Bank Co holds 0.19% or 6,963 shares.

Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Danaher Corporation had 87 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Leerink Swann given on Wednesday, September 30. The firm has “Sector Perform” rating given on Wednesday, January 27 by RBC Capital Markets. On Friday, September 4 the stock rating was maintained by Credit Suisse with “Neutral”. The stock has “Buy” rating by Credit Suisse on Thursday, May 25. The stock of Danaher Corporation (NYSE:DHR) earned “Overweight” rating by Barclays Capital on Monday, April 18. Jefferies maintained Danaher Corporation (NYSE:DHR) rating on Thursday, August 3. Jefferies has “Buy” rating and $9500 target. Barclays Capital maintained Danaher Corporation (NYSE:DHR) on Friday, October 23 with “Overweight” rating. Argus Research maintained Danaher Corporation (NYSE:DHR) rating on Monday, October 26. Argus Research has “Buy” rating and $104 target. As per Wednesday, January 3, the company rating was maintained by RBC Capital Markets. On Thursday, January 21 the stock rating was initiated by Citigroup with “Neutral”.

King Luther Capital Management Corp increased Union Pac Corp (NYSE:UNP) stake by 33,454 shares to 1.07 million valued at $123.52M in 2017Q3. It also upped Zoetis Inc (NYSE:ZTS) stake by 44,697 shares and now owns 1.26 million shares. Pepsico Inc (NYSE:PEP) was raised too.

Analysts await The Middleby Corporation (NASDAQ:MIDD) to report earnings on May, 8. They expect $1.38 earnings per share, up 9.52% or $0.12 from last year’s $1.26 per share. MIDD’s profit will be $76.90 million for 23.23 P/E if the $1.38 EPS becomes a reality. After $1.48 actual earnings per share reported by The Middleby Corporation for the previous quarter, Wall Street now forecasts -6.76% negative EPS growth.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.12, from 0.8 in 2017Q2. It is positive, as 51 investors sold MIDD shares while 109 reduced holdings. 32 funds opened positions while 96 raised stakes. 51.63 million shares or 0.01% more from 51.63 million shares in 2017Q2 were reported. First Manhattan reported 543 shares. Legal & General Gru Public Limited Com accumulated 76,540 shares. Crestwood Mgmt Limited Partnership reported 54,210 shares. Bamco New York invested in 1.17 million shares or 0.71% of the stock. Public Employees Retirement Association Of Colorado holds 496,544 shares. Comerica has 0.05% invested in The Middleby Corporation (NASDAQ:MIDD). Teton Advsrs Incorporated owns 44,400 shares or 0.53% of their US portfolio. Westfield Capital Mngmt Limited Partnership has invested 0.21% in The Middleby Corporation (NASDAQ:MIDD). Twin Cap Mgmt holds 4,963 shares. Susquehanna Intl Ltd Liability Partnership holds 0% or 3,373 shares. Pnc Fincl Services Grp Inc Inc holds 9,521 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.02% in The Middleby Corporation (NASDAQ:MIDD). Btim owns 73,762 shares or 0.15% of their US portfolio. King Luther Management holds 60,575 shares or 0.07% of its portfolio. Parametric Portfolio Associates Lc owns 0.06% invested in The Middleby Corporation (NASDAQ:MIDD) for 395,499 shares.

Since November 16, 2017, it had 1 buying transaction, and 1 sale for $1.06 million activity. 2,000 The Middleby Corporation (NASDAQ:MIDD) shares with value of $237,000 were bought by Ziyad Nassem. $1.30 million worth of The Middleby Corporation (NASDAQ:MIDD) was sold by LINDSAY MARTIN M on Friday, December 15.

Leave a Reply

Your email address will not be published. Required fields are marked *