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Tahithromos Has Cut Holding in New York Reit (NYRT) by $440,106 as Market Valuation Rose; Water Asset Management Has Lifted Stake in Rexnord New (RXN) by $8.00 Million as Share Value Rose

Rexnord Corporation (NYSE:RXN) Logo

Tahithromos Llc decreased its stake in New York Reit Inc (NYRT) by 13.91% based on its latest 2017Q4 regulatory filing with the SEC. Tahithromos Llc sold 146,702 shares as the company’s stock rose 5.30% while stock markets declined. The institutional investor held 907,847 shares of the consumer services company at the end of 2017Q4, valued at $3.57 million, down from 1.05 million at the end of the previous reported quarter. Tahithromos Llc who had been investing in New York Reit Inc for a number of months, seems to be less bullish one the $374.15 million market cap company. The stock increased 0.63% or $0.14 during the last trading session, reaching $22.28. About 18,845 shares traded. New York REIT, Inc. (NYSE:NYRT) has declined 23.37% since April 17, 2017 and is downtrending. It has underperformed by 34.92% the S&P500.

Water Asset Management Llc increased its stake in Rexnord Corp New (RXN) by 67.8% based on its latest 2017Q4 regulatory filing with the SEC. Water Asset Management Llc bought 307,831 shares as the company’s stock rose 12.99% while stock markets declined. The hedge fund held 761,834 shares of the industrial machinery and components company at the end of 2017Q4, valued at $19.82 million, up from 454,003 at the end of the previous reported quarter. Water Asset Management Llc who had been investing in Rexnord Corp New for a number of months, seems to be bullish on the $3.12 billion market cap company. The stock decreased 0.60% or $0.18 during the last trading session, reaching $30.02. About 197,883 shares traded. Rexnord Corporation (NYSE:RXN) has risen 29.81% since April 17, 2017 and is uptrending. It has outperformed by 18.26% the S&P500.

Among 5 analysts covering New York REIT (NYSE:NYRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. New York REIT had 10 analyst reports since October 9, 2015 according to SRatingsIntel. On Wednesday, January 31 the stock rating was maintained by SunTrust with “Hold”. The firm has “Hold” rating by SunTrust given on Sunday, March 18. Compass Point initiated the shares of NYRT in report on Thursday, June 30 with “Buy” rating. The stock of New York REIT, Inc. (NYSE:NYRT) has “Mkt Outperform” rating given on Friday, October 9 by JMP Securities. The firm has “Buy” rating by Evercore given on Monday, November 16. The firm earned “Hold” rating on Friday, November 3 by SunTrust. Compass Point initiated the shares of NYRT in report on Friday, October 30 with “Buy” rating. The stock has “Hold” rating by SunTrust on Friday, December 1.

Water Asset Management Llc, which manages about $352.48M and $208.23 million US Long portfolio, decreased its stake in Connecticut Wtr Svc Inc (NASDAQ:CTWS) by 20,657 shares to 260,794 shares, valued at $14.97 million in 2017Q4, according to the filing. It also reduced its holding in Sjw Group (NYSE:SJW) by 35,900 shares in the quarter, leaving it with 86,908 shares, and cut its stake in Select Energy Svcs Inc.

Investors sentiment increased to 1.71 in Q4 2017. Its up 0.18, from 1.53 in 2017Q3. It is positive, as 22 investors sold RXN shares while 41 reduced holdings. 39 funds opened positions while 69 raised stakes. 100.94 million shares or 2.42% less from 103.44 million shares in 2017Q3 were reported. Hudson Bay Cap Limited Partnership reported 201,603 shares. Renaissance Limited Liability has invested 0.01% of its portfolio in Rexnord Corporation (NYSE:RXN). 10,389 are held by Aperio Grp Ltd Com. Atlantic Group Incorporated Ltd has 433,079 shares for 0.05% of their portfolio. Dimensional Fund Advsrs Ltd Partnership holds 0.03% of its portfolio in Rexnord Corporation (NYSE:RXN) for 2.67M shares. Los Angeles Cap And Equity Rech owns 11,147 shares or 0% of their US portfolio. 1.54 million are owned by State Of New Jersey Common Pension Fund D. California State Teachers Retirement invested in 0.01% or 164,184 shares. Point72 Asset LP invested in 0.01% or 126,700 shares. Gsa Capital Prtn Limited Liability Partnership reported 11,002 shares. Goldman Sachs Group reported 0.02% of its portfolio in Rexnord Corporation (NYSE:RXN). Cipher Cap Limited Partnership accumulated 102,933 shares or 0.21% of the stock. 2,219 are held by Federated Investors Incorporated Pa. Gotham Asset Ltd Company, a New York-based fund reported 171,435 shares. 104,741 were accumulated by Jpmorgan Chase.

Among 10 analysts covering Rexnord Corporation (NYSE:RXN), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Rexnord Corporation had 32 analyst reports since August 6, 2015 according to SRatingsIntel. Oppenheimer downgraded Rexnord Corporation (NYSE:RXN) on Thursday, October 15 to “Market Perform” rating. As per Tuesday, November 8, the company rating was upgraded by Robert W. Baird. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 13 report. The company was maintained on Thursday, February 4 by Wedbush. The stock of Rexnord Corporation (NYSE:RXN) earned “Buy” rating by Robert W. Baird on Thursday, August 24. As per Thursday, March 22, the company rating was maintained by SunTrust. The rating was upgraded by Oppenheimer on Thursday, February 8 to “Outperform”. The stock of Rexnord Corporation (NYSE:RXN) earned “Equal-Weight” rating by Barclays Capital on Monday, October 5. The stock has “Buy” rating by SunTrust on Thursday, November 2. Deutsche Bank maintained Rexnord Corporation (NYSE:RXN) on Thursday, August 6 with “Hold” rating.

Rexnord Corporation (NYSE:RXN) Institutional Positions Chart

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