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Jana Partners Raised Tiffany & Co New (TIF) Stake; Koninklijke Philips Nv (PHG) Holder Beddow Capital Management Decreased Stake

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Ed Beddow decreased its stake in Koninklijke Philips Nv (PHG) by 17.64% based on its latest 2017Q4 regulatory filing with the SEC. Beddow Capital Management Inc sold 53,303 shares as the company’s stock declined 1.21% with the market. The hedge fund run by Ed Beddow held 248,896 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $9.41 million, down from 302,199 at the end of the previous reported quarter. Beddow Capital Management Inc who had been investing in Koninklijke Philips Nv for a number of months, seems to be less bullish one the $37.09 billion market cap company. The stock decreased 0.15% or $0.06 during the last trading session, reaching $40.59. About 1.24M shares traded. Koninklijke Philips N.V. (NYSE:PHG) has risen 17.21% since April 23, 2017 and is uptrending. It has outperformed by 5.66% the S&P500.

Barry Rosenstein increased its stake in Tiffany & Co New (TIF) by 5009.07% based on its latest 2017Q4 regulatory filing with the SEC. Jana Partners Llc bought 3.69 million shares as the company’s stock declined 6.13% with the market. The hedge fund run by Barry Rosenstein held 3.76M shares of the consumer specialties company at the end of 2017Q4, valued at $390.88M, up from 73,600 at the end of the previous reported quarter. Jana Partners Llc who had been investing in Tiffany & Co New for a number of months, seems to be bullish on the $12.31 billion market cap company. The stock increased 0.83% or $0.81 during the last trading session, reaching $98.84. About 1.54 million shares traded. Tiffany & Co. (NYSE:TIF) has risen 1.55% since April 23, 2017 and is uptrending. It has underperformed by 10.00% the S&P500.

Jana Partners Llc, which manages about $11.37 billion and $3.78B US Long portfolio, decreased its stake in Zayo Group Hldgs Inc (NYSE:ZAYO) by 1.91M shares to 2.27M shares, valued at $83.46 million in 2017Q4, according to the filing. It also reduced its holding in Conagra Brands Inc (Call) (NYSE:CAG) by 10,200 shares in the quarter, leaving it with 489,800 shares, and cut its stake in Zimmer Biomet Hldgs Inc (ZMH).

Among 29 analysts covering Tiffany & Co. (NYSE:TIF), 16 have Buy rating, 0 Sell and 13 Hold. Therefore 55% are positive. Tiffany & Co. had 89 analyst reports since July 29, 2015 according to SRatingsIntel. Topeka Capital Markets maintained it with “Buy” rating and $92.0 target in Tuesday, January 19 report. Cowen & Co maintained Tiffany & Co. (NYSE:TIF) on Wednesday, May 18 with “Market Perform” rating. The rating was maintained by Bernstein on Thursday, January 21 with “Outperform”. Mizuho initiated it with “Buy” rating and $106 target in Wednesday, July 29 report. The rating was maintained by Cowen & Co on Tuesday, April 11 with “Outperform”. The company was maintained on Monday, October 16 by Needham. On Wednesday, January 17 the stock rating was maintained by Guggenheim with “Buy”. The company was upgraded on Thursday, December 14 by Citigroup. The firm earned “Sector Perform” rating on Thursday, September 10 by RBC Capital Markets. The rating was maintained by Monness Crespi & Hardt on Friday, August 28 with “Buy”.

Tiffany & Co. (NYSE:TIF) Ratings Chart

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