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Raytheon Co (RTN) Market Value Rose While Epoch Investment Partners Has Trimmed by $42.64 Million Its Stake; Eagle Boston Investment Management Lowered Position in Arcbest (ARCB) by $3.09 Million as Shares Declined

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Epoch Investment Partners Inc decreased its stake in Raytheon Co (RTN) by 26.21% based on its latest 2017Q4 regulatory filing with the SEC. Epoch Investment Partners Inc sold 228,024 shares as the company’s stock rose 14.84% while stock markets declined. The institutional investor held 641,979 shares of the industrial machinery and components company at the end of 2017Q4, valued at $120.60M, down from 870,003 at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Raytheon Co for a number of months, seems to be less bullish one the $59.75 billion market cap company. The stock decreased 2.78% or $5.95 during the last trading session, reaching $208. About 1.03M shares traded. Raytheon Company (NYSE:RTN) has risen 42.32% since May 22, 2017 and is uptrending. It has outperformed by 30.77% the S&P500.

Eagle Boston Investment Management Inc decreased its stake in Arcbest Corp (ARCB) by 26.64% based on its latest 2017Q4 regulatory filing with the SEC. Eagle Boston Investment Management Inc sold 88,169 shares as the company’s stock declined 15.11% with the market. The institutional investor held 242,735 shares of the trucking freight and courier services company at the end of 2017Q4, valued at $8.68 million, down from 330,904 at the end of the previous reported quarter. Eagle Boston Investment Management Inc who had been investing in Arcbest Corp for a number of months, seems to be less bullish one the $1.26 billion market cap company. The stock decreased 0.41% or $0.2 during the last trading session, reaching $49.15. About 144,570 shares traded. ArcBest Corporation (NASDAQ:ARCB) has risen 23.82% since May 22, 2017 and is uptrending. It has outperformed by 12.27% the S&P500.

Epoch Investment Partners Inc, which manages about $43.62 billion and $30.21B US Long portfolio, upped its stake in Centene Corp Del (NYSE:CNC) by 645,622 shares to 1.64M shares, valued at $165.74 million in 2017Q4, according to the filing. It also increased its holding in Ptc Inc (NASDAQ:PTC) by 1.20 million shares in the quarter, for a total of 5.86M shares, and has risen its stake in Duke Energy Corp New (NYSE:DUK).

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.12, from 1.21 in 2017Q3. It worsened, as 36 investors sold RTN shares while 374 reduced holdings. 106 funds opened positions while 340 raised stakes. 202.53 million shares or 1.45% less from 205.51 million shares in 2017Q3 were reported. 21,762 were accumulated by First Amer Commercial Bank. Gam Holdg Ag holds 11,571 shares or 0.07% of its portfolio. Rowland And Invest Counsel Adv holds 564 shares or 0.04% of its portfolio. Balyasny Asset Management accumulated 4,768 shares or 0% of the stock. 154,638 are owned by Boston Private Wealth Ltd Llc. Bb&T accumulated 64,861 shares or 0.16% of the stock. Moreover, Federated Inc Pa has 0.32% invested in Raytheon Company (NYSE:RTN). Ferguson Wellman Mngmt Inc reported 1.47% of its portfolio in Raytheon Company (NYSE:RTN). Dimensional Fund Advisors Limited Partnership invested in 794,050 shares. Ssi Invest Management Inc owns 2,500 shares or 0.04% of their US portfolio. Jupiter Asset Mgmt Ltd stated it has 0.06% of its portfolio in Raytheon Company (NYSE:RTN). Pictet Asset Limited accumulated 249,658 shares. Main Street Research Ltd has invested 0.04% in Raytheon Company (NYSE:RTN). 5,168 are owned by Stanley. Davenport Com Ltd Com reported 0.05% in Raytheon Company (NYSE:RTN).

Since January 2, 2018, it had 1 buy, and 19 sales for $31.41 million activity. On Thursday, March 29 the insider Jimenez Frank R sold $320,152. Shares for $1.22M were sold by Kennedy Thomas A on Friday, March 23. $120,790 worth of Raytheon Company (NYSE:RTN) was sold by Long Letitia A. Kremer Wesley D had sold 9,589 shares worth $2.03 million on Wednesday, March 28. $116,758 worth of Raytheon Company (NYSE:RTN) shares were sold by Wood Michael J. On Monday, April 30 the insider Paliwal Dinesh C bought $249,895.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 80 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, February 23 by Morgan Stanley. RBC Capital Markets maintained it with “Top Pick” rating and $148 target in Friday, April 29 report. Wells Fargo maintained Raytheon Company (NYSE:RTN) rating on Tuesday, January 16. Wells Fargo has “Buy” rating and $215.0 target. The firm has “Buy” rating by Stifel Nicolaus given on Monday, January 8. The firm earned “Buy” rating on Thursday, October 19 by Cowen & Co. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Friday, July 7. Jefferies maintained it with “Buy” rating and $17200 target in Monday, July 24 report. Morgan Stanley maintained it with “Overweight” rating and $238 target in Thursday, April 12 report. On Thursday, January 12 the stock rating was initiated by RBC Capital Markets with “Outperform”.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on July, 26. They expect $2.31 EPS, up 16.67% or $0.33 from last year’s $1.98 per share. RTN’s profit will be $663.55 million for 22.51 P/E if the $2.31 EPS becomes a reality. After $2.20 actual EPS reported by Raytheon Company for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

More notable recent Raytheon Company (NYSE:RTN) news were published by: Seekingalpha.com which released: “Raytheon (RTN) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018, also Seekingalpha.com with their article: “Raytheon: Think Like An Attacker” published on May 15, 2018, Bizjournals.com published: “DFW units of Lockheed Martin, Raytheon and more awarded millions by US government” on May 14, 2018. More interesting news about Raytheon Company (NYSE:RTN) were released by: Seekingalpha.com and their article: “Raytheon +1.3% after topping estimates” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “Raytheon: Buy The Dip” with publication date: April 30, 2018.

Analysts await ArcBest Corporation (NASDAQ:ARCB) to report earnings on July, 27. They expect $0.79 earnings per share, up 38.60% or $0.22 from last year’s $0.57 per share. ARCB’s profit will be $20.25 million for 15.55 P/E if the $0.79 EPS becomes a reality. After $0.29 actual earnings per share reported by ArcBest Corporation for the previous quarter, Wall Street now forecasts 172.41% EPS growth.

Eagle Boston Investment Management Inc, which manages about $1.88 billion and $1.00 billion US Long portfolio, upped its stake in Ring Energy Inc (NYSEMKT:REI) by 36,889 shares to 846,737 shares, valued at $11.77M in 2017Q4, according to the filing. It also increased its holding in Wiley (John) & Sons (NYSE:JW.A) by 10,181 shares in the quarter, for a total of 123,494 shares, and has risen its stake in Stag Industrial Inc (NYSE:STAG).

More important recent ArcBest Corporation (NASDAQ:ARCB) news were published by: Benzinga.com which released: “50 Biggest Movers From Friday” on May 14, 2018, also Benzinga.com published article titled: “38 Stocks Moving In Friday’s Mid-Day Session”, Prnewswire.com published: “ArcBest Among Transport Topics’ Top Freight Brokerage Firms of 2018” on May 14, 2018. More interesting news about ArcBest Corporation (NASDAQ:ARCB) was released by: Nasdaq.com and their article: “Analysis: Positioning to Benefit within Apogee Enterprises, ArcBest, Buckle, Career Education, Abercrombie & Fitch …” with publication date: May 17, 2018.

Among 10 analysts covering Arcbest Corporation (NASDAQ:ARCB), 0 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. Arcbest Corporation had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, November 6 by Cowen & Co. The rating was maintained by Stifel Nicolaus with “Sell” on Thursday, January 18. The rating was maintained by KeyBanc Capital Markets on Monday, September 11 with “Hold”. Cowen & Co maintained the stock with “Buy” rating in Monday, July 10 report. The stock of ArcBest Corporation (NASDAQ:ARCB) has “Buy” rating given on Thursday, February 4 by Stifel Nicolaus. As per Thursday, January 25, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Morgan Stanley on Wednesday, February 21 with “Equal-Weight”. Stifel Nicolaus maintained it with “Hold” rating and $1800 target in Friday, July 28 report. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, September 6. The firm has “Hold” rating given on Wednesday, January 17 by Seaport Global.

Raytheon Company (NYSE:RTN) Institutional Positions Chart

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