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Mount Lucas Management LP Position in Best Buy Co (BBY) Has Lowered by $1.25 Million; Comerica Bank Stake In Agilent Technologies (A) Was Raised

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Mount Lucas Management Lp decreased its stake in Best Buy Co Inc (BBY) by 4.62% based on its latest 2017Q4 regulatory filing with the SEC. Mount Lucas Management Lp sold 18,358 shares as the company’s stock rose 0.94% while stock markets declined. The institutional investor held 378,592 shares of the consumer services company at the end of 2017Q4, valued at $25.92 million, down from 396,950 at the end of the previous reported quarter. Mount Lucas Management Lp who had been investing in Best Buy Co Inc for a number of months, seems to be less bullish one the $22.06B market cap company. The stock decreased 0.67% or $0.53 during the last trading session, reaching $78.25. About 2.76 million shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 46.62% since May 19, 2017 and is uptrending. It has outperformed by 35.07% the S&P500.

Comerica Bank increased its stake in Agilent Technologies Inc (A) by 12.93% based on its latest 2017Q4 regulatory filing with the SEC. Comerica Bank bought 12,751 shares as the company’s stock declined 0.52% with the market. The institutional investor held 111,343 shares of the capital goods company at the end of 2017Q4, valued at $8.19 million, up from 98,592 at the end of the previous reported quarter. Comerica Bank who had been investing in Agilent Technologies Inc for a number of months, seems to be bullish on the $20.74B market cap company. The stock increased 1.15% or $0.73 during the last trading session, reaching $64.32. About 4.16M shares traded or 48.31% up from the average. Agilent Technologies, Inc. (NYSE:A) has risen 25.85% since May 19, 2017 and is uptrending. It has outperformed by 14.30% the S&P500.

Analysts await Best Buy Co., Inc. (NYSE:BBY) to report earnings on May, 24 before the open. They expect $0.74 earnings per share, up 23.33% or $0.14 from last year’s $0.6 per share. BBY’s profit will be $208.61M for 26.44 P/E if the $0.74 EPS becomes a reality. After $2.42 actual earnings per share reported by Best Buy Co., Inc. for the previous quarter, Wall Street now forecasts -69.42% negative EPS growth.

Among 30 analysts covering Best Buy Co (NYSE:BBY), 10 have Buy rating, 4 Sell and 16 Hold. Therefore 33% are positive. Best Buy Co had 106 analyst reports since August 10, 2015 according to SRatingsIntel. As per Wednesday, May 25, the company rating was maintained by Telsey Advisory Group. The firm has “Buy” rating given on Wednesday, August 24 by Suntrust Robinson. Wedbush maintained the stock with “Underperform” rating in Friday, February 26 report. As per Thursday, May 25, the company rating was maintained by RBC Capital Markets. The rating was maintained by Telsey Advisory Group with “Outperform” on Friday, November 18. On Monday, August 10 the stock rating was upgraded by Vetr to “Buy”. The stock of Best Buy Co., Inc. (NYSE:BBY) has “Hold” rating given on Monday, August 15 by Jefferies. RBC Capital Markets maintained the shares of BBY in report on Friday, February 26 with “Sector Perform” rating. The stock has “Hold” rating by RBC Capital Markets on Friday, November 10. The firm has “Buy” rating given on Wednesday, December 7 by Loop Capital.

More recent Best Buy Co., Inc. (NYSE:BBY) news were published by: Nasdaq.com which released: “3 Stocks That Could Have Doubled Your Money” on May 18, 2018. Also Benzinga.com published the news titled: “Best Buy, ExxonMobil, And 3 Other Stocks In Strong Trends This Week” on April 24, 2018. Seekingalpha.com‘s news article titled: “Spotlight On Gambling Reset And Banking Bill” with publication date: May 19, 2018 was also an interesting one.

Investors sentiment increased to 0.86 in Q4 2017. Its up 0.10, from 0.76 in 2017Q3. It is positive, as 34 investors sold BBY shares while 198 reduced holdings. 75 funds opened positions while 124 raised stakes. 233.61 million shares or 5.15% less from 246.28 million shares in 2017Q3 were reported. Delta Asset Tn accumulated 80 shares. Magnetar reported 0.01% in Best Buy Co., Inc. (NYSE:BBY). Schwab Charles Investment invested in 1.57M shares or 0.09% of the stock. Gyroscope Cap Limited Liability Co owns 104,653 shares. Asset Mngmt Inc has invested 0.05% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Mitsubishi Ufj Securities Company Ltd invested 0.58% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Cambridge Invest Research Advisors Inc reported 0% stake. Wolverine Asset Management Ltd Liability has invested 0.09% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Green Square Cap Limited Liability reported 104,913 shares or 1.08% of all its holdings. Tobam invested in 349,687 shares. Moreover, Stone Ridge Asset Mngmt Ltd Co has 0.67% invested in Best Buy Co., Inc. (NYSE:BBY). Catalyst Capital Advsr Limited Com holds 49,469 shares or 0.13% of its portfolio. Bowling Management Ltd Liability has 0.61% invested in Best Buy Co., Inc. (NYSE:BBY). State Of Alaska Department Of Revenue accumulated 73,627 shares. Pinnacle Associates owns 4,194 shares or 0.01% of their US portfolio.

Mount Lucas Management Lp, which manages about $1.44B and $578.64M US Long portfolio, upped its stake in Global X Msci Greece Etf (GREK) by 83,794 shares to 507,670 shares, valued at $5.22 million in 2017Q4, according to the filing. It also increased its holding in Real Estate Select Sect Spdr by 10,703 shares in the quarter, for a total of 327,570 shares, and has risen its stake in Ishares Msci Sweden Etf (EWD).

Since December 12, 2017, it had 0 insider buys, and 30 selling transactions for $53.96 million activity. Another trade for 2,451 shares valued at $172,786 was sold by Barry Corie S. Ballard Shari L had sold 3,475 shares worth $251,753 on Monday, March 12. On Friday, March 2 the insider VITTECOQ GERARD R sold $1.76M. Watson Mathew sold $31,864 worth of stock. $142,543 worth of Best Buy Co., Inc. (NYSE:BBY) was sold by Nelsen Keith J. Saksena Asheesh sold $108,070 worth of Best Buy Co., Inc. (NYSE:BBY) on Wednesday, March 14.

More important recent Agilent Technologies, Inc. (NYSE:A) news were published by: Seekingalpha.com which released: “Agilent Technologies (A) CEO Michael McMullen on Q2 2018 Results – Earnings Call Transcript” on May 15, 2018, also Livetradingnews.com published article titled: “Agilent Technologies, Inc. (NYSE:A) Declines 9.70%”, Ft.com published: “NYSE plan to expand floor-traded stocks hits snag” on April 25, 2018. More interesting news about Agilent Technologies, Inc. (NYSE:A) was released by: Seekingalpha.com and their article: “Stocks To Watch: A Fed Head Talks Crypto” with publication date: May 13, 2018.

Since December 18, 2017, it had 0 buys, and 9 sales for $9.10 million activity. Gonsalves Rodney sold $486,145 worth of Agilent Technologies, Inc. (NYSE:A) on Tuesday, March 13. Kaltenbach Patrick had sold 4,000 shares worth $269,113 on Thursday, March 29. 21,850 Agilent Technologies, Inc. (NYSE:A) shares with value of $1.58 million were sold by McMullen Michael R.. On Tuesday, March 27 the insider FIELDS HEIDI sold $340,450.

Among 15 analysts covering Agilent Technologies (NYSE:A), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Agilent Technologies had 59 analyst reports since August 14, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of A in report on Thursday, October 19 with “Buy” rating. The stock of Agilent Technologies, Inc. (NYSE:A) earned “Hold” rating by Cowen & Co on Tuesday, August 15. As per Wednesday, January 4, the company rating was upgraded by Barclays Capital. The rating was maintained by Jefferies with “Buy” on Wednesday, August 9. The firm has “Buy” rating given on Thursday, August 18 by Goldman Sachs. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 23 report. The rating was maintained by Bank of America on Monday, October 9 with “Buy”. Cowen & Co maintained the shares of A in report on Thursday, August 18 with “Outperform” rating. The rating was downgraded by TheStreet to “Buy” on Tuesday, August 25. Morgan Stanley upgraded Agilent Technologies, Inc. (NYSE:A) on Wednesday, March 15 to “Overweight” rating.

Comerica Bank, which manages about $15.01 billion US Long portfolio, decreased its stake in Verizon Communications (NYSE:VZ) by 70,013 shares to 1.25M shares, valued at $67.88 million in 2017Q4, according to the filing. It also reduced its holding in Pnc Financial Services Group (NYSE:PNC) by 2,562 shares in the quarter, leaving it with 118,045 shares, and cut its stake in First Midwest Bancorp Inc Del (NASDAQ:FMBI).

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.45, from 1.4 in 2017Q3. It turned negative, as 40 investors sold A shares while 198 reduced holdings. 62 funds opened positions while 164 raised stakes. 269.93 million shares or 0.89% more from 267.56 million shares in 2017Q3 were reported. Benjamin F Edwards & invested in 1,003 shares. Fifth Third Bancorp holds 27,084 shares. Fulton Bancorp Na holds 0.03% or 5,409 shares in its portfolio. 6,104 were reported by Wetherby Asset Mgmt. Brown Brothers Harriman & has 2,552 shares for 0% of their portfolio. Aqr Mgmt Limited Com reported 2.76 million shares. Calamos Advsrs Ltd, Illinois-based fund reported 204,255 shares. Kornitzer Cap Management Ks invested 0.2% in Agilent Technologies, Inc. (NYSE:A). Jpmorgan Chase Co holds 7.53 million shares. Highbridge Management Ltd Liability accumulated 0.29% or 243,068 shares. 24,106 were accumulated by Ngam Ltd Partnership. Whittier Trust Company Of Nevada Incorporated holds 0% of its portfolio in Agilent Technologies, Inc. (NYSE:A) for 68 shares. Oakworth Capital accumulated 416 shares. Ibm Retirement Fund reported 8,142 shares. Sumitomo Mitsui Asset Mngmt Limited holds 0.02% of its portfolio in Agilent Technologies, Inc. (NYSE:A) for 22,715 shares.

Best Buy Co., Inc. (NYSE:BBY) Institutional Positions Chart

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