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As Transcanada Corp. (TRP) Valuation Declined, Cardinal Capital Management Decreased Position; As Honeywell Intl (HON) Shares Declined, Holder Wealthtrust-Arizona Has Boosted Position

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Cardinal Capital Management Inc decreased its stake in Transcanada Corp. (TRP) by 3.75% based on its latest 2017Q4 regulatory filing with the SEC. Cardinal Capital Management Inc sold 39,790 shares as the company’s stock declined 16.00% with the market. The institutional investor held 1.02M shares of the natural gas distribution company at the end of 2017Q4, valued at $49.90M, down from 1.06M at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Transcanada Corp. for a number of months, seems to be less bullish one the $38.02B market cap company. The stock decreased 0.61% or $0.26 during the last trading session, reaching $42.65. About 1.09M shares traded. TransCanada Corporation (NYSE:TRP) has declined 12.65% since April 26, 2017 and is downtrending. It has underperformed by 24.20% the S&P500.

Wealthtrust-Arizona Llc increased its stake in Honeywell Intl Inc (HON) by 3711% based on its latest 2017Q4 regulatory filing with the SEC. Wealthtrust-Arizona Llc bought 7,422 shares as the company’s stock declined 5.96% with the market. The institutional investor held 7,622 shares of the o.e.m. company at the end of 2017Q4, valued at $1.17 million, up from 200 at the end of the previous reported quarter. Wealthtrust-Arizona Llc who had been investing in Honeywell Intl Inc for a number of months, seems to be bullish on the $109.96B market cap company. The stock decreased 0.94% or $1.4 during the last trading session, reaching $147.22. About 4.19M shares traded or 29.25% up from the average. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 26, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It dived, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Parsons Cap Ri holds 1.12% of its portfolio in Honeywell International Inc. (NYSE:HON) for 65,662 shares. Johnson Inv Counsel Inc accumulated 35,861 shares. Carret Asset Management Limited Company stated it has 0.35% in Honeywell International Inc. (NYSE:HON). First Bank Of Hutchinson has 6,382 shares. Northstar Inv Ltd Co has 0.04% invested in Honeywell International Inc. (NYSE:HON). Fiduciary Trust owns 26,267 shares. Fagan Inc has 6,441 shares. Endurance Wealth Inc accumulated 0.03% or 1,050 shares. Moon Management, Tennessee-based fund reported 2,559 shares. Scopus Asset Ltd Partnership stated it has 351,000 shares or 0.51% of all its holdings. Hirtle Callaghan & Ltd owns 0% invested in Honeywell International Inc. (NYSE:HON) for 37 shares. Needham Inv Mngmt Ltd Co has 1.08% invested in Honeywell International Inc. (NYSE:HON) for 26,500 shares. Blb&B Advsrs Ltd Liability Corporation holds 26,773 shares or 0.59% of its portfolio. Camarda Financial Ltd Limited Liability Company holds 0.78% or 4,231 shares. Daiwa Secs Group Incorporated holds 0.02% or 22,433 shares.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 96 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, April 3 report. Jefferies maintained the shares of HON in report on Friday, June 30 with “Buy” rating. The rating was maintained by Credit Suisse on Friday, January 19 with “Hold”. As per Wednesday, August 16, the company rating was maintained by Morgan Stanley. As per Thursday, January 21, the company rating was initiated by Citigroup. The rating was maintained by Robert W. Baird on Friday, January 26 with “Buy”. The firm has “Buy” rating by Citigroup given on Monday, April 25. The company was downgraded on Wednesday, January 3 by RBC Capital Markets. The company was maintained on Wednesday, April 12 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Friday, May 26.

Since February 14, 2018, it had 0 insider purchases, and 2 selling transactions for $874,731 activity. Deily Linnet F sold $426,291 worth of Honeywell International Inc. (NYSE:HON) on Wednesday, February 14.

Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. TransCanada Corporation had 28 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Bank of America with “Buy” on Thursday, September 1. JP Morgan initiated the shares of TRP in report on Tuesday, December 15 with “Overweight” rating. As per Friday, November 17, the company rating was maintained by Morgan Stanley. The rating was maintained by Wolfe Research on Monday, May 15 with “Outperform”. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 4 report. The stock of TransCanada Corporation (NYSE:TRP) has “Sector Perform” rating given on Tuesday, August 4 by Scotia Capital. Barclays Capital maintained it with “Equal-Weight” rating and $43 target in Monday, May 2 report. The stock has “Buy” rating by Citigroup on Wednesday, March 28. The stock has “Outperform” rating by BMO Capital Markets on Monday, July 31. As per Wednesday, July 20, the company rating was maintained by Goldman Sachs.

Analysts await TransCanada Corporation (NYSE:TRP) to report earnings on April, 27 before the open. They expect $0.63 earnings per share, up 3.28% or $0.02 from last year’s $0.61 per share. TRP’s profit will be $561.61 million for 16.92 P/E if the $0.63 EPS becomes a reality. After $0.65 actual earnings per share reported by TransCanada Corporation for the previous quarter, Wall Street now forecasts -3.08% negative EPS growth.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

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