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As Borgwarner (BWA) Stock Value Declined, Diamond Hill Capital Management Has Decreased by $10.99 Million Its Stake; Wellington Shields & Company Has Lowered Illumina (ILMN) Position by $1.55 Million

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Wellington Shields & Company decreased its stake in Illumina Inc (ILMN) by 8.06% based on its latest 2017Q4 regulatory filing with the SEC. Wellington Shields & Company sold 7,117 shares as the company’s stock rose 10.04% while stock markets declined. The institutional investor held 81,202 shares of the capital goods company at the end of 2017Q4, valued at $17.74M, down from 88,319 at the end of the previous reported quarter. Wellington Shields & Company who had been investing in Illumina Inc for a number of months, seems to be less bullish one the $39.46 billion market cap company. The stock decreased 0.15% or $0.39 during the last trading session, reaching $268.45. About 384,676 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 37.77% since May 17, 2017 and is uptrending. It has outperformed by 26.22% the S&P500.

Ric Dillon decreased its stake in Borgwarner Inc. (BWA) by 2.67% based on its latest 2017Q4 regulatory filing with the SEC. Diamond Hill Capital Management Inc sold 215,578 shares as the company’s stock declined 4.85% with the market. The hedge fund run by Ric Dillon held 7.85 million shares of the o.e.m. company at the end of 2017Q4, valued at $401.03 million, down from 8.07M at the end of the previous reported quarter. Diamond Hill Capital Management Inc who had been investing in Borgwarner Inc. for a number of months, seems to be less bullish one the $11.04B market cap company. The stock increased 1.08% or $0.56 during the last trading session, reaching $52.38. About 973,272 shares traded. BorgWarner Inc. (NYSE:BWA) has risen 19.42% since May 17, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Since December 18, 2017, it had 0 insider buys, and 2 insider sales for $2.09 million activity. 1,400 shares valued at $73,295 were sold by Wiegert Joel on Monday, December 18.

Diamond Hill Capital Management Inc, which manages about $12.19B and $19.96 billion US Long portfolio, upped its stake in Alphabet Inc. (Cl. A) by 14,715 shares to 488,973 shares, valued at $515.08 million in 2017Q4, according to the filing. It also increased its holding in Bioscrip Inc. (NASDAQ:BIOS) by 151,147 shares in the quarter, for a total of 3.95M shares, and has risen its stake in Brighthouse Financial Inc..

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.04, from 1.01 in 2017Q3. It dived, as 31 investors sold BWA shares while 189 reduced holdings. 64 funds opened positions while 149 raised stakes. 196.45 million shares or 0.36% more from 195.75 million shares in 2017Q3 were reported. Webster Natl Bank N A has invested 0.01% in BorgWarner Inc. (NYSE:BWA). Commonwealth Of Pennsylvania School Empls Retrmt invested in 0.01% or 17,727 shares. California Employees Retirement holds 562,328 shares or 0.04% of its portfolio. Exxonmobil Inv Mngmt Incorporated Tx owns 31,513 shares. Ls Investment Advisors reported 0.03% stake. Fjarde Ap holds 0.05% or 61,110 shares. 19,819 are held by Lmr Partners Ltd Liability Partnership. Aviva Pcl has invested 0.03% in BorgWarner Inc. (NYSE:BWA). Barclays Public Limited Com has invested 0.02% of its portfolio in BorgWarner Inc. (NYSE:BWA). Gam Holding Ag holds 0.03% or 20,170 shares. Contravisory Investment Mgmt reported 0.13% stake. Enterprise Services reported 28 shares or 0% of all its holdings. Wetherby Asset invested 0.03% of its portfolio in BorgWarner Inc. (NYSE:BWA). Mitsubishi Ufj Tru Bk stated it has 0.04% in BorgWarner Inc. (NYSE:BWA). Essex Inv Ltd owns 34,003 shares.

Among 25 analysts covering Borgwarner Inc. (NYSE:BWA), 10 have Buy rating, 3 Sell and 12 Hold. Therefore 40% are positive. Borgwarner Inc. had 77 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Robert W. Baird on Wednesday, January 27 to “Outperform”. The company was maintained on Friday, February 9 by Wells Fargo. As per Friday, July 31, the company rating was maintained by Deutsche Bank. The stock of BorgWarner Inc. (NYSE:BWA) earned “Underweight” rating by Morgan Stanley on Monday, October 19. The company was downgraded on Tuesday, March 29 by Citigroup. BMO Capital Markets maintained it with “Outperform” rating and $55 target in Friday, July 28 report. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, November 18 report. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 22. Jefferies maintained the shares of BWA in report on Tuesday, May 30 with “Buy” rating. The firm earned “Buy” rating on Sunday, March 4 by BMO Capital Markets.

Analysts await BorgWarner Inc. (NYSE:BWA) to report earnings on July, 26. They expect $1.11 earnings per share, up 15.63% or $0.15 from last year’s $0.96 per share. BWA’s profit will be $233.93 million for 11.80 P/E if the $1.11 EPS becomes a reality. After $1.10 actual earnings per share reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts 0.91% EPS growth.

Since January 2, 2018, it had 0 insider buys, and 21 selling transactions for $14.53 million activity. $32,940 worth of Illumina, Inc. (NASDAQ:ILMN) shares were sold by Dadswell Charles. The insider ARNOLD FRANCES sold 250 shares worth $60,375. Stapley Marc sold $484,667 worth of stock. 1,400 shares were sold by Van Oene Mark, worth $333,872 on Thursday, April 12. 250 shares were sold by EPSTEIN ROBERT S, worth $57,813 on Wednesday, February 28. 20,000 shares were sold by FLATLEY JAY T, worth $4.47 million on Tuesday, January 2.

Among 28 analysts covering Illumina Inc (NASDAQ:ILMN), 20 have Buy rating, 1 Sell and 7 Hold. Therefore 71% are positive. Illumina Inc had 102 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co on Wednesday, October 25 with “Buy”. The firm has “Overweight” rating given on Wednesday, October 21 by Piper Jaffray. UBS maintained Illumina, Inc. (NASDAQ:ILMN) on Wednesday, February 1 with “Buy” rating. The stock has “Neutral” rating by CItigroup on Tuesday, October 11. J.P. Morgan maintained the shares of ILMN in report on Wednesday, August 2 with “Buy” rating. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Outperform” rating by Leerink Swann on Wednesday, January 31. First Analysis upgraded the shares of ILMN in report on Wednesday, August 2 to “Hold” rating. The stock of Illumina, Inc. (NASDAQ:ILMN) has “Outperform” rating given on Friday, October 2 by Cowen & Co. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, July 22 report. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Buy” rating by Stifel Nicolaus on Tuesday, October 6.

More notable recent Illumina, Inc. (NASDAQ:ILMN) news were published by: Benzinga.com which released: “Benzinga’s Daily Biotech Pulse: Aytu Rallies On Earnings, Evolus Awaits FDA Verdict, BofA Conference Underway” on May 15, 2018, also Seekingalpha.com with their article: “Illumina’s (ILMN) CEO Francis deSouza on Q1 2018 Results – Earnings Call Transcript” published on April 25, 2018, Fool.com published: “Illumina Stock Upgraded: What You Need to Know” on May 07, 2018. More interesting news about Illumina, Inc. (NASDAQ:ILMN) were released by: Fool.com and their article: “Illumina Inc. First-Quarter Results: NovaSeq Still the Gift That Keeps on Giving” published on April 25, 2018 as well as Digitaljournal.com‘s news article titled: “Update: Lawsuit for Investors in Illumina, Inc. (NASDAQ: ILMN) Shares Announced by Shareholders Foundation” with publication date: April 23, 2018.

BorgWarner Inc. (NYSE:BWA) Institutional Positions Chart

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