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Thermo Fisher (TMO) Holder Honeywell International Upped Position by $6.63 Million; Stieven Capital Advisors LP Lowered Its First Bancorp N C (FBNC) Stake by $5.77 Million

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Stieven Capital Advisors Lp decreased its stake in First Bancorp N C (FBNC) by 32.78% based on its latest 2017Q4 regulatory filing with the SEC. Stieven Capital Advisors Lp sold 164,746 shares as the company’s stock declined 1.88% with the market. The hedge fund held 337,879 shares of the major banks company at the end of 2017Q4, valued at $11.93 million, down from 502,625 at the end of the previous reported quarter. Stieven Capital Advisors Lp who had been investing in First Bancorp N C for a number of months, seems to be less bullish one the $1.09B market cap company. The stock increased 0.35% or $0.13 during the last trading session, reaching $36.79. About 12,663 shares traded. First Bancorp (NASDAQ:FBNC) has risen 23.28% since April 23, 2017 and is uptrending. It has outperformed by 11.73% the S&P500.

Honeywell International Inc increased its stake in Thermo Fisher Corp (TMO) by 18.01% based on its latest 2017Q4 regulatory filing with the SEC. Honeywell International Inc bought 35,100 shares as the company’s stock rose 8.51% while stock markets declined. The institutional investor held 230,000 shares of the industrial machinery and components company at the end of 2017Q4, valued at $43.67 million, up from 194,900 at the end of the previous reported quarter. Honeywell International Inc who had been investing in Thermo Fisher Corp for a number of months, seems to be bullish on the $87.16 billion market cap company. The stock increased 0.35% or $0.75 during the last trading session, reaching $216.64. About 747,971 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 33.66% since April 23, 2017 and is uptrending. It has outperformed by 22.11% the S&P500.

Since December 15, 2017, it had 0 insider purchases, and 8 insider sales for $37.14 million activity. $1.31 million worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by Durbin Patrick M. On Friday, February 23 the insider Parrett William G sold $211,430. $1.05 million worth of stock was sold by Williamson Stephen on Wednesday, February 7. Herrema Gregory J. sold $7.32 million worth of stock.

Honeywell International Inc, which manages about $3.02 billion US Long portfolio, decreased its stake in Abbott Lab (NYSE:ABT) by 74,700 shares to 448,896 shares, valued at $25.62 million in 2017Q4, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 99,500 shares in the quarter, leaving it with 728,200 shares, and cut its stake in Welltower Inc.

Among 19 analysts covering Thermo Fisher Scientific (NYSE:TMO), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Thermo Fisher Scientific had 62 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, July 22 by BTIG Research. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Hold” rating by Jefferies on Thursday, July 13. The rating was maintained by Leerink Swann with “Outperform” on Monday, October 9. Cowen & Co maintained it with “Buy” rating and $220.0 target in Friday, September 8 report. As per Wednesday, October 11, the company rating was maintained by Cowen & Co. The firm has “Hold” rating given on Thursday, February 1 by Jefferies. Mizuho maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Tuesday, May 3 with “Buy” rating. Robert W. Baird maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Monday, October 2 with “Buy” rating. Barclays Capital maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Monday, September 25. Barclays Capital has “Buy” rating and $215.0 target. As per Thursday, January 18, the company rating was maintained by Robert W. Baird.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.05, from 0.96 in 2017Q3. It is negative, as 43 investors sold TMO shares while 410 reduced holdings. 93 funds opened positions while 319 raised stakes. 335.65 million shares or 0.74% more from 333.20 million shares in 2017Q3 were reported. Perkins Coie Co has 0.05% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). Glg holds 35,751 shares or 0.49% of its portfolio. Bridges Investment Mngmt holds 0.33% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO) for 21,591 shares. Balasa Dinverno & Foltz reported 2,241 shares. Union Comml Bank Corp invested in 0.18% or 3,093 shares. Rothschild Asset Management Incorporated reported 0.57% in Thermo Fisher Scientific Inc. (NYSE:TMO). 1,900 were accumulated by Mitchell Mcleod Pugh & Williams Inc. Wesbanco Natl Bank owns 24,789 shares. Piedmont Inv Advsr Limited Liability owns 0.33% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 85,789 shares. Raymond James Na holds 0.14% or 10,882 shares. Fisher Asset Mngmt Lc has invested 0% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). The Ohio-based Horan Capital Advsr Ltd Limited Liability Company has invested 2.13% in Thermo Fisher Scientific Inc. (NYSE:TMO). Mckinley Capital Limited Liability Co Delaware holds 0.02% or 1,627 shares in its portfolio. Victory Management, a Ohio-based fund reported 19,923 shares. Steinberg Asset Management Lc stated it has 16,650 shares.

Investors sentiment increased to 2.71 in Q4 2017. Its up 1.65, from 1.06 in 2017Q3. It improved, as 14 investors sold FBNC shares while 20 reduced holdings. 31 funds opened positions while 61 raised stakes. 17.80 million shares or 8.54% more from 16.40 million shares in 2017Q3 were reported. Great West Life Assurance Can holds 3,291 shares or 0% of its portfolio. Wells Fargo & Company Mn invested in 0% or 84,748 shares. Aqr Mgmt Lc owns 17,350 shares for 0% of their portfolio. Federated Invsts Pa accumulated 156,368 shares or 0.02% of the stock. Forest Hill Ltd Liability accumulated 195,826 shares or 1.96% of the stock. Brandywine Global Inv Mgmt Llc holds 8,788 shares. Jacobs Levy Equity has 33,125 shares. Parametric Portfolio Assoc Ltd Com invested in 0% or 43,892 shares. Point72 Asia (Hong Kong) Limited reported 376 shares stake. Clark Cap Grp Inc holds 54,002 shares or 0.06% of its portfolio. Salem Counselors holds 0% or 550 shares. Earnest Limited Liability Co reported 600 shares. Jcsd Limited Liability Com reported 165,000 shares. Trexquant Limited Partnership owns 9,337 shares for 0.04% of their portfolio. Invesco Ltd has 54,468 shares for 0% of their portfolio.

Analysts await First Bancorp (NASDAQ:FBNC) to report earnings on April, 26. They expect $0.60 earnings per share, up 46.34% or $0.19 from last year’s $0.41 per share. FBNC’s profit will be $17.79 million for 15.33 P/E if the $0.60 EPS becomes a reality. After $0.44 actual earnings per share reported by First Bancorp for the previous quarter, Wall Street now forecasts 36.36% EPS growth.

Stieven Capital Advisors Lp, which manages about $284.20 million and $568.24 million US Long portfolio, upped its stake in Atlantic Cap Bancshares Inc by 149,500 shares to 324,200 shares, valued at $5.71M in 2017Q4, according to the filing. It also increased its holding in Old Point Finl Corp (NASDAQ:OPOF) by 31,800 shares in the quarter, for a total of 176,357 shares, and has risen its stake in Legacy Tex Finl Group Inc.

Thermo Fisher Scientific Inc. (NYSE:TMO) Institutional Positions Chart

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