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Honeywell International Position in Autozone (AZO) Decreased as Share Value Declined; Kensico Capital Management Has Lowered Holding in Echostar (SATS) by $12.89 Million as Stock Value Declined

AutoZone, Inc. (NYSE:AZO) Logo

Honeywell International Inc decreased its stake in Autozone Inc (AZO) by 54.07% based on its latest 2017Q4 regulatory filing with the SEC. Honeywell International Inc sold 23,900 shares as the company’s stock declined 10.64% with the market. The institutional investor held 20,300 shares of the consumer services company at the end of 2017Q4, valued at $14.44M, down from 44,200 at the end of the previous reported quarter. Honeywell International Inc who had been investing in Autozone Inc for a number of months, seems to be less bullish one the $16.25 billion market cap company. The stock decreased 0.07% or $0.45 during the last trading session, reaching $603.91. About 34,753 shares traded. AutoZone, Inc. (NYSE:AZO) has declined 11.15% since April 17, 2017 and is downtrending. It has underperformed by 22.70% the S&P500.

Michael Lowenstein decreased its stake in Echostar Corp (SATS) by 21.62% based on its latest 2017Q4 regulatory filing with the SEC. Kensico Capital Management Corp sold 218,430 shares as the company’s stock declined 10.02% with the market. The hedge fund run by Michael Lowenstein held 792,000 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $47.44 million, down from 1.01 million at the end of the previous reported quarter. Kensico Capital Management Corp who had been investing in Echostar Corp for a number of months, seems to be less bullish one the $5.32 billion market cap company. The stock increased 0.58% or $0.32 during the last trading session, reaching $55.48. About 17,713 shares traded. EchoStar Corporation (NASDAQ:SATS) has declined 2.91% since April 17, 2017 and is downtrending. It has underperformed by 14.46% the S&P500.

Since January 23, 2018, it had 0 buys, and 4 selling transactions for $807,378 activity. DUGAN MICHAEL T had sold 3,508 shares worth $217,496 on Thursday, February 1.

Among 2 analysts covering Echostar (NASDAQ:SATS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Echostar had 5 analyst reports since August 12, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $62 target in Wednesday, August 17 report. As per Friday, December 1, the company rating was maintained by Jefferies. The stock has “Buy” rating by Citigroup on Monday, February 26. Zacks upgraded the stock to “Strong Sell” rating in Wednesday, August 12 report.

Analysts await EchoStar Corporation (NASDAQ:SATS) to report earnings on May, 9. They expect $0.05 earnings per share, down 85.29% or $0.29 from last year’s $0.34 per share. SATS’s profit will be $4.79M for 277.40 P/E if the $0.05 EPS becomes a reality. After $0.08 actual earnings per share reported by EchoStar Corporation for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

Kensico Capital Management Corp, which manages about $7.43B and $5.02B US Long portfolio, upped its stake in Tableau Software Inc (NYSE:DATA) by 481,172 shares to 1.93 million shares, valued at $133.21M in 2017Q4, according to the filing. It also increased its holding in Fleetcor Technologies Inc (NYSE:FLT) by 102,416 shares in the quarter, for a total of 552,416 shares, and has risen its stake in Ebay Inc (NASDAQ:EBAY).

Investors sentiment increased to 1.62 in 2017 Q4. Its up 0.52, from 1.1 in 2017Q3. It is positive, as 13 investors sold SATS shares while 47 reduced holdings. 34 funds opened positions while 63 raised stakes. 42.07 million shares or 0.77% less from 42.39 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage Sa holds 0% or 1 shares in its portfolio. Susquehanna International Limited Liability Partnership invested in 0% or 5,342 shares. 683 Capital Mgmt Limited Liability Corporation has 0.4% invested in EchoStar Corporation (NASDAQ:SATS) for 80,000 shares. Putnam Invests Limited Liability reported 11.99 million shares stake. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 3,192 shares. Thompson Siegel And Walmsley Lc, a Virginia-based fund reported 443,184 shares. Virtus Investment Advisers Inc owns 0% invested in EchoStar Corporation (NASDAQ:SATS) for 6,746 shares. Northern Tru Corp invested in 341,842 shares. Ameriprise Fincl Inc accumulated 5,105 shares or 0% of the stock. Wells Fargo & Mn owns 176,291 shares. South State Corporation owns 3,850 shares. Teacher Retirement Sys Of Texas holds 0.01% of its portfolio in EchoStar Corporation (NASDAQ:SATS) for 16,731 shares. Earnest Llc holds 344,521 shares. Parametric Portfolio Assoc Ltd Llc has invested 0.01% of its portfolio in EchoStar Corporation (NASDAQ:SATS). 9,726 are held by State Of Wisconsin Inv Board.

Honeywell International Inc, which manages about $3.02 billion US Long portfolio, upped its stake in Norwegian Cruise Line Hldgs (NASDAQ:NCLH) by 105,400 shares to 618,600 shares, valued at $32.94 million in 2017Q4, according to the filing. It also increased its holding in Ciena Corp (NYSE:CIEN) by 359,700 shares in the quarter, for a total of 950,000 shares, and has risen its stake in Intl Paper Co (NYSE:IP).

Since January 3, 2018, it had 0 insider purchases, and 5 insider sales for $12.65 million activity. Daniele Philip B. sold $577,472 worth of stock or 740 shares. The insider Griffith James C. sold 1,250 shares worth $993,372. $2.05 million worth of AutoZone, Inc. (NYSE:AZO) was sold by Smith Richard Craig.

Investors sentiment decreased to 0.85 in Q4 2017. Its down 0.20, from 1.05 in 2017Q3. It fall, as 37 investors sold AZO shares while 200 reduced holdings. 86 funds opened positions while 116 raised stakes. 25.09 million shares or 5.64% less from 26.58 million shares in 2017Q3 were reported. 8,785 are owned by Fjarde Ap. Gotham Asset Mngmt Ltd Llc accumulated 0.4% or 39,197 shares. New Mexico Educational Retirement Board invested 0.07% of its portfolio in AutoZone, Inc. (NYSE:AZO). 500 were accumulated by Hemenway Llc. 710 were reported by Legacy Private Trust. Jacobs Levy Equity has 0% invested in AutoZone, Inc. (NYSE:AZO) for 314 shares. Ahl Prtnrs Limited Liability Partnership holds 4,217 shares or 0.05% of its portfolio. Walleye Trading Lc invested in 0.02% or 6,950 shares. Edgemoor Advsr Inc reported 400 shares. Eqis Cap Management holds 0.01% or 393 shares in its portfolio. Sterneck Capital Limited Company has invested 0.26% in AutoZone, Inc. (NYSE:AZO). 1,551 were reported by Gateway Advisers Limited Company. Raymond James Fincl Services Advsrs has invested 0.01% in AutoZone, Inc. (NYSE:AZO). Reliant Inv Mgmt Lc reported 0.25% of its portfolio in AutoZone, Inc. (NYSE:AZO). Goldman Sachs reported 0.03% stake.

Analysts await AutoZone, Inc. (NYSE:AZO) to report earnings on May, 22. They expect $13.06 EPS, up 14.16% or $1.62 from last year’s $11.44 per share. AZO’s profit will be $351.33M for 11.56 P/E if the $13.06 EPS becomes a reality. After $10.38 actual EPS reported by AutoZone, Inc. for the previous quarter, Wall Street now forecasts 25.82% EPS growth.

Among 24 analysts covering Autozone Inc. (NYSE:AZO), 13 have Buy rating, 0 Sell and 11 Hold. Therefore 54% are positive. Autozone Inc. had 77 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, February 27 by BTIG Research. The stock of AutoZone, Inc. (NYSE:AZO) earned “Buy” rating by Bank of America on Sunday, August 30. The stock of AutoZone, Inc. (NYSE:AZO) earned “Overweight” rating by Morgan Stanley on Tuesday, September 27. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, December 9. UBS upgraded AutoZone, Inc. (NYSE:AZO) on Monday, September 12 to “Buy” rating. The stock of AutoZone, Inc. (NYSE:AZO) has “Buy” rating given on Tuesday, May 30 by Goldman Sachs. As per Friday, November 10, the company rating was maintained by RBC Capital Markets. Jefferies maintained AutoZone, Inc. (NYSE:AZO) on Wednesday, December 6 with “Hold” rating. Wedbush upgraded the shares of AZO in report on Tuesday, February 16 to “Outperform” rating. On Monday, June 26 the stock rating was maintained by Jefferies with “Hold”.

EchoStar Corporation (NASDAQ:SATS) Institutional Positions Chart

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