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New South Capital Management Lowered Stanley Black & Decker (SWK) Holding By $1.90 Million; 12 Analysts Are Bullish II-VI (IIVI) Last Week

II-VI Incorporated (NASDAQ:IIVI) Logo

New South Capital Management Inc decreased Stanley Black & Decker (SWK) stake by 2.32% reported in 2018Q1 SEC filing. New South Capital Management Inc sold 12,419 shares as Stanley Black & Decker (SWK)’s stock declined 10.04%. The New South Capital Management Inc holds 521,767 shares with $79.94 million value, down from 534,186 last quarter. Stanley Black & Decker now has $21.90 billion valuation. The stock decreased 0.24% or $0.34 during the last trading session, reaching $141.95. About 2.20 million shares traded or 70.76% up from the average. Stanley Black & Decker, Inc. (NYSE:SWK) has risen 7.55% since June 18, 2017 and is uptrending. It has underperformed by 5.02% the S&P500. Some Historical SWK News: ; 07/05/2018 – Stanley Black at Wells Fargo Industrials Conference Tomorrow; 20/04/2018 – STANLEY BLACK SEES FY ADJ EPS $8.30 TO $8.50; 20/04/2018 – Stanley Black & Decker Reports 1Q 2018 Results; 09/05/2018 – Stanley Black & Decker Achieves Science Based Target Recognition for Environmental Goals; 18/04/2018 – Stanley Black Closes Above 200-Day Moving Average: Technicals; 15/05/2018 – Stanley Black & Decker Celebrates 175 Years of Leading with Purpose; 19/04/2018 – Stanley Black & Decker Declares Dividend of 63c; 20/04/2018 – Stanley Black & Decker 1Q Adjusted Gross Margin 36.4%; 09/05/2018 – Stanley Black Presenting at JPMorgan Conference May 15; 20/04/2018 – STANLEY BLACK & DECKER REAFFIRMS ADJ EPS FORECAST

Among 13 analysts covering II-VI (NASDAQ:IIVI), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. II-VI had 36 analyst reports since August 4, 2015 according to SRatingsIntel. Needham maintained II-VI Incorporated (NASDAQ:IIVI) on Monday, October 24 with “Buy” rating. The firm earned “Buy” rating on Tuesday, October 31 by Needham. Benchmark maintained it with “Buy” rating and $4000 target in Wednesday, June 21 report. The stock of II-VI Incorporated (NASDAQ:IIVI) has “Buy” rating given on Tuesday, January 24 by Benchmark. The firm earned “Buy” rating on Wednesday, September 13 by Northland Capital. The firm has “Buy” rating given on Monday, November 13 by Needham. The rating was maintained by Benchmark with “Buy” on Wednesday, August 23. The company was maintained on Tuesday, June 5 by Piper Jaffray. On Tuesday, March 20 the stock rating was upgraded by FBR Capital to “Buy”. On Wednesday, May 2 the stock rating was maintained by B. Riley & Co with “Buy”. See II-VI Incorporated (NASDAQ:IIVI) latest ratings:

05/06/2018 Broker: Piper Jaffray Rating: Buy New Target: $50.0000 Maintain
02/05/2018 Broker: B. Riley & Co Old Rating: Buy New Rating: Buy Old Target: $55 New Target: $54 Maintain
20/03/2018 Broker: FBR Capital Rating: Buy New Target: $55.0 Upgrade
20/03/2018 Broker: B. Riley & Co Old Rating: Neutral New Rating: Buy Upgrade
19/03/2018 Broker: Deutsche Bank Rating: Buy New Target: $56 Initiates Coverage On
15/03/2018 Broker: DA Davidson Rating: Buy New Target: $55 Initiates Coverage On
09/03/2018 Broker: Morgan Stanley Rating: Overweight New Target: $46 Initiates Coverage On
14/02/2018 Broker: PiperJaffray Rating: Overweight New Target: $50 Initiates Coverage On
13/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $50.0 Initiate
02/02/2018 Broker: Northland Capital Rating: Hold New Target: $45.0 Maintain

More news for II-VI Incorporated (NASDAQ:IIVI) were recently published by: Globenewswire.com, which released: “Analysis: Positioning to Benefit within The Stars Group, AMAG Pharmaceuticals, ResMed, WestRock, Briggs & Stratton …” on June 18, 2018. Seekingalpha.com‘s article titled: “NAR: Apple drops iPhone parts orders by 20%; supplier stocks dip” and published on June 08, 2018 is yet another important article.

The stock decreased 3.32% or $1.6 during the last trading session, reaching $46.55. About 455,435 shares traded. II-VI Incorporated (NASDAQ:IIVI) has risen 44.87% since June 18, 2017 and is uptrending. It has outperformed by 32.30% the S&P500. Some Historical IIVI News: ; 01/05/2018 – II-VI 3Q Net $30.1M; 15/05/2018 – II-VI Incorporated Opens New Facility for Epitaxial Wafer Manufacturing; 09/03/2018 – Il-Vl Incorporated to Participate at the OIDA Executive Forum and Present at OFC; 01/05/2018 – II-VI SEES 4Q REV. $295M TO $305M, EST. $299.4M; 09/03/2018 – II-VI Closes Above 200-Day Moving Average: Technicals; 12/03/2018 – Il-Vl Incorporated Unveils DFB Laser Diode for 3D Sensing; 01/05/2018 – II-VI 3Q EPS 45c; 01/05/2018 – II-VI 3Q Rev $294.7M; 01/05/2018 – II-VI 3Q ADJ EPS 36C, EST. 38C; 23/03/2018 – Il-Vl Incorporated Opens New Applications Laboratory in Detroit for Laser Materials Processing

II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company has market cap of $2.91 billion. The companyÂ’s II-VI Laser Solutions segment provides optical and electro-optical components and materials for use in high-power CO2 lasers, and fiber-delivered beam delivery systems and processing tools, as well as offers direct diode lasers for industrial lasers under the II-VI HIGHYAG and II-VI Laser Enterprise brands; compound semiconductor epitaxial wafers for optical components, wireless devices, and high-speed communication systems applications; and 6-inch gallium arsenide wafers for use in production of high performance lasers and integrated circuits under the II-VI EpiWorks and II-VI OptoElectronic Devices Division brands. It has a 32.37 P/E ratio. The Company’s II-VI Photonics segment provides crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communication networks, and other various consumer and commercial applications.

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.16, from 0.98 in 2017Q4. It improved, as 25 investors sold II-VI Incorporated shares while 68 reduced holdings. 36 funds opened positions while 70 raised stakes. 57.75 million shares or 7.18% more from 53.88 million shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 3,956 shares. Parthenon invested 0.06% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Gemmer Asset Mngmt Ltd Liability Company invested 0% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Bnp Paribas Arbitrage Sa accumulated 0% or 18,948 shares. Shufro Rose And Co Ltd invested 1.1% of its portfolio in II-VI Incorporated (NASDAQ:IIVI). Price T Rowe Assocs Md holds 19,677 shares or 0% of its portfolio. 13,928 are owned by Hgk Asset. Polar Cap Llp stated it has 100,000 shares or 0.04% of all its holdings. Savings Bank Of America De holds 224,964 shares. Columbus Circle invested 0.11% in II-VI Incorporated (NASDAQ:IIVI). 1,035 are held by Envestnet Asset Management Incorporated. Barrow Hanley Mewhinney & Strauss Limited Co holds 2.52M shares or 0.16% of its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt invested in 0% or 5,143 shares. Mutual Of America Capital Limited Liability Com invested in 162,394 shares. First Tru Advsr Ltd Partnership owns 0.01% invested in II-VI Incorporated (NASDAQ:IIVI) for 62,406 shares.

Since March 20, 2018, it had 0 insider buys, and 2 sales for $668,819 activity. Wagner David G sold 6,579 shares worth $290,081. MATTERA VINCENT D JR sold $378,738 worth of stock.

More recent Stanley Black & Decker, Inc. (NYSE:SWK) news were published by: Finance.Yahoo.com which released: “3 Days Left To Stanley Black & Decker Inc (NYSE:SWK)’s Ex-Dividend Date, Should You Buy?” on June 02, 2018. Also Fool.com published the news titled: “Craftsman Tools at Lowe’s: Bad News for Sears Holdings” on May 20, 2018. Finance.Yahoo.com‘s news article titled: “3 Top Stocks Wall Street Is Overlooking” with publication date: June 01, 2018 was also an interesting one.

Analysts await Stanley Black & Decker, Inc. (NYSE:SWK) to report earnings on July, 23. They expect $2.03 earnings per share, up 1.00% or $0.02 from last year’s $2.01 per share. SWK’s profit will be $313.24 million for 17.48 P/E if the $2.03 EPS becomes a reality. After $1.39 actual earnings per share reported by Stanley Black & Decker, Inc. for the previous quarter, Wall Street now forecasts 46.04% EPS growth.

Among 25 analysts covering Stanley Black & Decker (NYSE:SWK), 20 have Buy rating, 0 Sell and 5 Hold. Therefore 80% are positive. Stanley Black & Decker had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) has “Neutral” rating given on Monday, September 21 by Buckingham Research. As per Friday, June 10, the company rating was initiated by Goldman Sachs. The stock of Stanley Black & Decker, Inc. (NYSE:SWK) has “Buy” rating given on Monday, April 23 by Susquehanna. Morgan Stanley maintained the shares of SWK in report on Thursday, August 10 with “Equal-Weight” rating. The company was upgraded on Friday, April 21 by KeyBanc Capital Markets. Barclays Capital initiated Stanley Black & Decker, Inc. (NYSE:SWK) on Monday, January 30 with “Overweight” rating. The firm earned “Hold” rating on Wednesday, January 24 by Robert W. Baird. As per Thursday, September 17, the company rating was initiated by UBS. The firm earned “Buy” rating on Friday, October 23 by Credit Agricole. Robert W. Baird maintained it with “Hold” rating and $17800 target in Thursday, April 19 report.

Since March 5, 2018, it had 1 insider buy, and 1 insider sale for $447,181 activity. 3,284 shares were sold by VOELKER JOSEPH R, worth $497,329 on Monday, March 5. On Friday, April 27 the insider Hankin Michael David bought $50,148.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.13, from 1.03 in 2017Q4. It is negative, as 49 investors sold SWK shares while 234 reduced holdings. 68 funds opened positions while 188 raised stakes. 124.36 million shares or 1.24% less from 125.92 million shares in 2017Q4 were reported. Ameriprise Inc has invested 0.07% in Stanley Black & Decker, Inc. (NYSE:SWK). Stratos Wealth Prtnrs Ltd reported 25,595 shares. Hanson Mcclain invested 0.02% in Stanley Black & Decker, Inc. (NYSE:SWK). Coastline Trust owns 0.42% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 17,925 shares. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 112,323 shares. California Employees Retirement Sys has invested 0.08% of its portfolio in Stanley Black & Decker, Inc. (NYSE:SWK). Finemark Retail Bank & Tru stated it has 1,373 shares. Jpmorgan Chase & owns 9.79 million shares or 0.32% of their US portfolio. Regions Fincl Corp has 0.04% invested in Stanley Black & Decker, Inc. (NYSE:SWK) for 20,607 shares. Tradewinds Capital Limited Com invested in 0.09% or 1,325 shares. Vanguard Grp accumulated 0.08% or 11.79M shares. Jane Street Grp Ltd holds 61,390 shares. Richard Bernstein Advsr Lc reported 27,002 shares stake. Ballentine Prtnrs Limited Com has invested 0.08% in Stanley Black & Decker, Inc. (NYSE:SWK). Duncker Streett & Incorporated has invested 0.22% in Stanley Black & Decker, Inc. (NYSE:SWK).

II-VI Incorporated (NASDAQ:IIVI) Institutional Positions Chart

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