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Columbus Circle Investors Trimmed Holding in Cummins (CMI) by $5.25 Million as Market Value Declined; Morgan Dempsey Capital Management Stake in Flowers Foods (FLO) Decreased by $47.12 Million

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Donald Chiboucis decreased its stake in Cummins Inc (CMI) by 13.74% based on its latest 2017Q4 regulatory filing with the SEC. Columbus Circle Investors sold 29,805 shares as the company’s stock declined 9.68% with the market. The hedge fund run by Donald Chiboucis held 187,067 shares of the industrial machinery and components company at the end of 2017Q4, valued at $33.04M, down from 216,872 at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Cummins Inc for a number of months, seems to be less bullish one the $24.27B market cap company. The stock increased 1.13% or $1.65 during the last trading session, reaching $147.75. About 167,398 shares traded. Cummins Inc. (NYSE:CMI) has risen 6.07% since May 17, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Morgan Dempsey Capital Management Llc decreased its stake in Flowers Foods Inc. (FLO) by 3.92% based on its latest 2017Q4 regulatory filing with the SEC. Morgan Dempsey Capital Management Llc sold 2,440 shares as the company’s stock rose 6.87% while stock markets declined. The hedge fund held 59,728 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.15 billion, down from 62,168 at the end of the previous reported quarter. Morgan Dempsey Capital Management Llc who had been investing in Flowers Foods Inc. for a number of months, seems to be less bullish one the $4.21B market cap company. The stock decreased 7.59% or $1.64 during the last trading session, reaching $19.98. About 1.29M shares traded or 12.51% up from the average. Flowers Foods, Inc. (NYSE:FLO) has risen 8.08% since May 17, 2017 and is uptrending. It has underperformed by 3.47% the S&P500.

Morgan Dempsey Capital Management Llc, which manages about $340.50M and $311.19B US Long portfolio, upped its stake in Applied Industrial Technologies Inc. (NYSE:AIT) by 707 shares to 1,047 shares, valued at $71.30M in 2017Q4, according to the filing. It also increased its holding in Hp Inc. by 4,356 shares in the quarter, for a total of 354,872 shares, and has risen its stake in Arthur J. Gallagher & Co. (NYSE:AJG).

Investors sentiment decreased to 1.2 in Q4 2017. Its down 0.11, from 1.31 in 2017Q3. It is negative, as 20 investors sold FLO shares while 90 reduced holdings. 52 funds opened positions while 80 raised stakes. 128.25 million shares or 11.42% less from 144.78 million shares in 2017Q3 were reported. Quantitative Investment Lc invested in 53,900 shares or 0.02% of the stock. Clinton Group Inc reported 0.14% stake. Parametric Assocs Limited Liability reported 0% in Flowers Foods, Inc. (NYSE:FLO). Oxbow Ltd Liability Corp holds 0.09% or 24,020 shares in its portfolio. Dimensional Fund Advsr Ltd Partnership stated it has 0.02% of its portfolio in Flowers Foods, Inc. (NYSE:FLO). Two Sigma Lc reported 15,763 shares. Piermont Mgmt has invested 0.67% in Flowers Foods, Inc. (NYSE:FLO). Macquarie Gru Limited reported 19,600 shares. State Treasurer State Of Michigan accumulated 66,350 shares. Morgan Stanley reported 2.27 million shares stake. Royal Bancorporation Of Canada accumulated 748,448 shares. Lord Abbett And Limited Liability Company holds 0.01% of its portfolio in Flowers Foods, Inc. (NYSE:FLO) for 268,700 shares. Gideon Cap invested in 13,344 shares or 0.23% of the stock. Bluecrest Capital Mgmt Ltd holds 0.01% or 16,292 shares in its portfolio. Ameriprise Fincl accumulated 657,953 shares.

Since March 27, 2018, it had 0 insider buys, and 1 insider sale for $221,680 activity.

Among 13 analysts covering Flowers Foods (NYSE:FLO), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Flowers Foods had 36 analyst reports since September 21, 2015 according to SRatingsIntel. Jefferies maintained Flowers Foods, Inc. (NYSE:FLO) rating on Wednesday, August 30. Jefferies has “Hold” rating and $19.0 target. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, December 15. Pivotal Research upgraded the shares of FLO in report on Thursday, November 9 to “Buy” rating. The company was downgraded on Friday, July 28 by Jefferies. Suntrust Robinson downgraded Flowers Foods, Inc. (NYSE:FLO) on Thursday, February 11 to “Neutral” rating. The company was maintained on Friday, March 23 by Stephens. BMO Capital Markets maintained it with “Market Perform” rating and $20 target in Wednesday, November 15 report. BMO Capital Markets downgraded it to “Market Perform” rating and $18 target in Friday, February 12 report. The stock of Flowers Foods, Inc. (NYSE:FLO) earned “Buy” rating by Jefferies on Friday, May 26. The firm has “Equal-Weight” rating by Stephens given on Thursday, February 11.

More recent Flowers Foods, Inc. (NYSE:FLO) news were published by: Benzinga.com which released: “8 Stocks To Watch For May 16, 2018” on May 16, 2018. Also Seekingalpha.com published the news titled: “Small Cap Dividend Spotlight: Flowers Foods” on May 10, 2018. Benzinga.com‘s news article titled: “Earnings Scheduled For May 16, 2018” with publication date: May 16, 2018 was also an interesting one.

Columbus Circle Investors, which manages about $17.54B and $5.27B US Long portfolio, upped its stake in D R Horton Inc (NYSE:DHI) by 83,429 shares to 795,037 shares, valued at $40.60M in 2017Q4, according to the filing. It also increased its holding in Ametek Inc New (NYSE:AME) by 18,502 shares in the quarter, for a total of 675,680 shares, and has risen its stake in Fox Factory Hldg Corp (NASDAQ:FOXF).

More important recent Cummins Inc. (NYSE:CMI) news were published by: Benzinga.com which released: “Analyst: Cummins’ Earnings Visibility Clouded By Overhang, Peaking End Markets” on May 02, 2018, also Businesswire.com published article titled: “Cummins Announces Launch of Multi-Lingual Parts Catalog on Parts.cummins.com”, Seekingalpha.com published: “Cummins Inc. 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018. More interesting news about Cummins Inc. (NYSE:CMI) was released by: Seekingalpha.com and their article: “Cummins: This Dividend Stock Is On Sale” with publication date: May 06, 2018.

Among 30 analysts covering Cummins (NYSE:CMI), 7 have Buy rating, 2 Sell and 21 Hold. Therefore 23% are positive. Cummins had 116 analyst reports since July 22, 2015 according to SRatingsIntel. On Tuesday, March 15 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. The rating was downgraded by BMO Capital Markets on Tuesday, October 6 to “Market Perform”. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, October 28. Stifel Nicolaus maintained it with “Hold” rating and $16000 target in Monday, July 17 report. The firm has “Market Perform” rating by William Blair given on Friday, September 25. BMO Capital Markets maintained Cummins Inc. (NYSE:CMI) on Wednesday, November 8 with “Market Perform” rating. The firm earned “Hold” rating on Tuesday, September 22 by Deutsche Bank. The stock of Cummins Inc. (NYSE:CMI) earned “Neutral” rating by Citigroup on Monday, January 25. Robert W. Baird maintained Cummins Inc. (NYSE:CMI) on Tuesday, February 6 with “Sell” rating. On Thursday, July 14 the stock rating was downgraded by Standpoint Research to “Hold”.

Flowers Foods, Inc. (NYSE:FLO) Institutional Positions Chart

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