Stock News

Jolley Asset Management Has Trimmed Its Holding in Nucor (NUE) as Market Valuation Declined; As Lear (LEA) Stock Value Rose, J-P Marvel Investment Advisors Has Lowered by $3.06 Million Its Stake

Nucor Corporation (NYSE:NUE) Logo

Jolley Asset Management Llc decreased its stake in Nucor Corp (NUE) by 80.37% based on its latest 2017Q4 regulatory filing with the SEC. Jolley Asset Management Llc sold 5,000 shares as the company’s stock declined 6.71% with the market. The institutional investor held 1,221 shares of the steel and iron ore company at the end of 2017Q4, valued at $78,000, down from 6,221 at the end of the previous reported quarter. Jolley Asset Management Llc who had been investing in Nucor Corp for a number of months, seems to be less bullish one the $20.92 billion market cap company. The stock increased 1.18% or $0.77 during the last trading session, reaching $65.75. About 2.30 million shares traded. Nucor Corporation (NYSE:NUE) has risen 1.23% since May 17, 2017 and is uptrending. It has underperformed by 10.32% the S&P500.

J-P Marvel Investment Advisors Llc decreased its stake in Lear Corp (LEA) by 24.69% based on its latest 2017Q4 regulatory filing with the SEC. J-P Marvel Investment Advisors Llc sold 17,367 shares as the company’s stock rose 4.15% while stock markets declined. The hedge fund held 52,965 shares of the o.e.m. company at the end of 2017Q4, valued at $9.36M, down from 70,332 at the end of the previous reported quarter. J-P Marvel Investment Advisors Llc who had been investing in Lear Corp for a number of months, seems to be less bullish one the $13.44B market cap company. The stock increased 0.38% or $0.77 during the last trading session, reaching $202.65. About 426,148 shares traded. Lear Corporation (NYSE:LEA) has risen 33.95% since May 17, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.04, from 0.92 in 2017Q3. It increased, as 26 investors sold LEA shares while 172 reduced holdings. 50 funds opened positions while 141 raised stakes. 58.04 million shares or 3.12% less from 59.92 million shares in 2017Q3 were reported. Motco owns 30 shares. 112,854 were accumulated by Asset Mgmt One Co. Lingohr And Partner Asset Mgmt Gmbh owns 5,414 shares. Oppenheimer holds 2,994 shares or 0.01% of its portfolio. Midas owns 0.49% invested in Lear Corporation (NYSE:LEA) for 7,000 shares. Toronto Dominion Bank owns 4,008 shares for 0% of their portfolio. Harris Assocs Ltd Partnership reported 1.44 million shares. Korea Inv has 0.05% invested in Lear Corporation (NYSE:LEA). Denali Advsr Limited Liability Corporation accumulated 53,800 shares or 1.47% of the stock. Nomura Asset Mngmt Communications Ltd accumulated 10,367 shares or 0.02% of the stock. Lombard Odier Asset Mgmt (Switzerland) holds 5,812 shares or 0.1% of its portfolio. Lord Abbett Lc holds 0.01% or 22,000 shares. Stevens Mgmt Limited Partnership owns 24,739 shares. Sumitomo Mitsui Asset Mngmt Commerce Ltd reported 4,469 shares or 0.01% of all its holdings. Campbell Com Adviser Limited Com invested in 2,190 shares.

Since February 16, 2018, it had 0 insider purchases, and 10 selling transactions for $46.04 million activity. 25,545 shares were sold by SCOTT RAYMOND E, worth $4.86M. STEPHENS MEL had sold 17,006 shares worth $3.28M on Wednesday, February 21. DiDonato Thomas A also sold $4.07 million worth of Lear Corporation (NYSE:LEA) on Friday, February 16. Shares for $4.33 million were sold by Larkin Terrence B on Friday, February 16. Shares for $1.27 million were sold by Kunkel Jay K. on Friday, February 16. 21,706 shares were sold by Orsini Frank C, worth $4.13M on Friday, February 16.

Among 21 analysts covering Lear Corporation (NYSE:LEA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Lear Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Buckingham Research on Tuesday, September 26. Morgan Stanley upgraded the shares of LEA in report on Thursday, March 22 to “Equal-Weight” rating. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 16. The company was maintained on Sunday, October 1 by RBC Capital Markets. As per Tuesday, July 11, the company rating was maintained by RBC Capital Markets. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, October 26. The firm has “Buy” rating by Deutsche Bank given on Wednesday, October 14. The stock of Lear Corporation (NYSE:LEA) has “Buy” rating given on Thursday, October 26 by Cowen & Co. The stock has “Buy” rating by Robert W. Baird on Wednesday, August 30. The firm has “Neutral” rating by UBS given on Tuesday, October 3.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 25. They expect $5.07 EPS, up 15.49% or $0.68 from last year’s $4.39 per share. LEA’s profit will be $336.25M for 9.99 P/E if the $5.07 EPS becomes a reality. After $5.10 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts -0.59% negative EPS growth.

More notable recent Lear Corporation (NYSE:LEA) news were published by: Seekingalpha.com which released: “Lear Corporation: Macro Headwinds To Compress Prices” on April 25, 2018, also Crainsdetroit.com with their article: “Lear raises outlook on rising seating, electronics sales” published on April 26, 2018, Seekingalpha.com published: “Lear Corporation 2018 Q1 – Results – Earnings Call Slides” on April 26, 2018. More interesting news about Lear Corporation (NYSE:LEA) were released by: Streetinsider.com and their article: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Evercore ISI Upgrades Lear (LEA) to Outperform” with publication date: May 14, 2018.

Since February 13, 2018, it had 0 buys, and 6 insider sales for $7.08 million activity. Another trade for 39,037 shares valued at $2.67 million was made by Frias James D on Monday, February 19. $520,880 worth of Nucor Corporation (NYSE:NUE) was sold by NAPOLITAN RAYMOND S JR on Monday, March 19. $207,347 worth of Nucor Corporation (NYSE:NUE) was sold by HAYNES VICTORIA F on Wednesday, March 7. HALL LADD R also sold $2.66M worth of Nucor Corporation (NYSE:NUE) shares.

Jolley Asset Management Llc, which manages about $208.23M and $157.12M US Long portfolio, upped its stake in Delta Air Lines (NYSE:DAL) by 8,479 shares to 89,246 shares, valued at $5.00 million in 2017Q4, according to the filing.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It is positive, as 53 investors sold NUE shares while 231 reduced holdings. 92 funds opened positions while 173 raised stakes. 244.43 million shares or 5.15% more from 232.46 million shares in 2017Q3 were reported. Stratos Wealth Partners reported 5,637 shares stake. Spectrum Mngmt Group Incorporated reported 375 shares. Fisher Asset Management Limited Com accumulated 0.01% or 85,873 shares. Kcm Investment Advsrs Limited has invested 0.02% in Nucor Corporation (NYSE:NUE). Bragg Financial Advisors holds 10,976 shares. Sandy Spring Financial Bank holds 0% or 714 shares in its portfolio. Janney Montgomery Scott Ltd Liability Corporation invested 0.07% of its portfolio in Nucor Corporation (NYSE:NUE). Neuberger Berman Group Inc Ltd holds 0.01% in Nucor Corporation (NYSE:NUE) or 70,036 shares. Strs Ohio has 10,945 shares. 31,905 were accumulated by Advantus Capital. Sweden-based Nordea Mngmt Ab has invested 0.01% in Nucor Corporation (NYSE:NUE). Gateway Inv Advisers Limited Liability Com owns 45,480 shares for 0.02% of their portfolio. Ubs Asset Management Americas invested in 982,023 shares. First City Cap Management invested in 3,450 shares. Aperio Gru Lc holds 0.03% of its portfolio in Nucor Corporation (NYSE:NUE) for 90,805 shares.

More news for Nucor Corporation (NYSE:NUE) were recently published by: Seekingalpha.com, which released: “Nucor Sees Further Growth Acceleration” on April 23, 2018. Streetinsider.com‘s article titled: “Macquarie Upgrades Nucor (NUE) to Outperform” and published on May 17, 2018 is yet another important article.

Lear Corporation (NYSE:LEA) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *