First Eagle Investment Management Cut By $319.49 Million Its Grainger W W (GWW) Holding, Microsemi (MSCC) Covered By 12 Bullish Analysts Last Week

June 19, 2017 - By Vivian Park

Among 15 analysts covering Microsemi (NASDAQ:MSCC), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Microsemi had 28 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Microsemi Corporation (NASDAQ:MSCC) earned “Buy” rating by Deutsche Bank on Tuesday, November 8. RBC Capital Markets downgraded the stock to “Outperform” rating in Wednesday, June 14 report. The firm has “Buy” rating by Suntrust Robinson given on Thursday, January 14. The firm has “Sell” rating by Zacks given on Wednesday, August 26. The company was maintained on Monday, August 22 by Mizuho. Mizuho maintained it with “Buy” rating and $62.0 target in Friday, January 27 report. Topeka Capital Markets maintained it with “Buy” rating and $45 target in Friday, November 6 report. On Friday, January 29 the stock rating was maintained by Topeka Capital Markets with “Buy”. The firm earned “Buy” rating on Monday, August 24 by Drexel Hamilton. The stock of Microsemi Corporation (NASDAQ:MSCC) earned “Top Pick” rating by RBC Capital Markets on Thursday, February 25. See Microsemi Corporation (NASDAQ:MSCC) latest ratings:

16/06/2017 Broker: Raymond James Rating: Market Perform Maintain
14/06/2017 Broker: RBC Capital Markets Old Rating: Top Pick New Rating: Outperform Old Target: $64 New Target: $58 Downgrade
27/01/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $60.00 New Target: $65.00 Maintain
27/01/2017 Broker: Mizuho Rating: Buy Old Target: $60.0 New Target: $62.0 Maintain
04/01/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade

First Eagle Investment Management Llc decreased Grainger W W Inc (GWW) stake by 76.31% reported in 2016Q4 SEC filing. First Eagle Investment Management Llc sold 1.38 million shares as Grainger W W Inc (GWW)’s stock declined 31.42%. The First Eagle Investment Management Llc holds 427,623 shares with $99.32 million value, down from 1.80 million last quarter. Grainger W W Inc now has $10.74 billion valuation. The stock declined 0.06% or $0.11 reaching $180.21 per share. About 163,538 shares traded. W W Grainger Inc (NYSE:GWW) has declined 21.15% since June 19, 2016 and is downtrending. It has underperformed by 37.85% the S&P500.

Since January 17, 2017, it had 0 insider buys, and 19 selling transactions for $5.56 million activity. ANDERSON THOMAS ROBERT sold $101,121 worth of stock or 2,000 shares. Goerner Frederick C sold $101,780 worth of stock or 2,000 shares. FOLINO PAUL F sold 2,346 shares worth $124,792. PETERSON JAMES J sold $429,373 worth of stock. Another trade for 6,000 shares valued at $322,686 was made by BENDUSH WILLIAM on Tuesday, February 14. Shares for $100,451 were sold by MASSENGILL MATTHEW E on Tuesday, February 14. The insider Pickle Paul H sold $35,207.

About 91,286 shares traded. Microsemi Corporation (NASDAQ:MSCC) has risen 52.60% since June 19, 2016 and is uptrending. It has outperformed by 35.90% the S&P500.

Microsemi Corporation is a designer, maker and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The company has market cap of $5.56 billion. The Firm offers a portfolio of semiconductor and system solutions for aerospace and defense, communications, data center and industrial markets. It has a 25.54 P/E ratio. The Company’s products include high-performance and radiation-hardened analog mixed-signal integrated circuits , field programmable gate arrays (FPGAs), system on chip solutions (SoCs) and application-specific integrated circuits (ASICs) and power management products.

Investors sentiment decreased to 1.09 in Q4 2016. Its down 0.09, from 1.18 in 2016Q3. It dropped, as 26 investors sold Microsemi Corporation shares while 112 reduced holdings. 49 funds opened positions while 101 raised stakes. 117.53 million shares or 0.09% more from 117.43 million shares in 2016Q3 were reported. Thrivent Finance For Lutherans holds 0.08% of its portfolio in Microsemi Corporation (NASDAQ:MSCC) for 330,510 shares. Hsbc Public Ltd Liability holds 21,269 shares or 0% of its portfolio. The New York-based Millennium Management Ltd has invested 0.12% in Microsemi Corporation (NASDAQ:MSCC). Sumitomo Mitsui Asset Mngmt Limited has invested 1.15% in Microsemi Corporation (NASDAQ:MSCC). Ledyard Retail Bank invested in 0% or 259 shares. Tudor Et Al invested in 0.02% or 12,881 shares. Shellback Cap Limited Partnership invested 0.34% in Microsemi Corporation (NASDAQ:MSCC). Sandler Capital Management holds 292,460 shares. Bbva Compass Commercial Bank reported 0.05% stake. State Board Of Administration Of Florida Retirement System stated it has 0.01% in Microsemi Corporation (NASDAQ:MSCC). Creative Planning stated it has 0% in Microsemi Corporation (NASDAQ:MSCC). Huntington Bank & Trust has 72 shares. Etrade Cap Management Limited Liability holds 4,833 shares or 0.01% of its portfolio. Channing Management Ltd Company accumulated 1.51 million shares. Robecosam Ag has invested 0.71% in Microsemi Corporation (NASDAQ:MSCC).

Among 13 analysts covering W.W. Grainger (NYSE:GWW), 1 have Buy rating, 4 Sell and 8 Hold. Therefore 8% are positive. W.W. Grainger had 58 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained W W Grainger Inc (NYSE:GWW) on Monday, November 16 with “Equal Weight” rating. RBC Capital Markets maintained the shares of GWW in report on Monday, May 15 with “Underperform” rating. Stifel Nicolaus maintained W W Grainger Inc (NYSE:GWW) on Tuesday, March 8 with “Buy” rating. The stock of W W Grainger Inc (NYSE:GWW) earned “Buy” rating by William Blair on Monday, August 31. Credit Suisse initiated the stock with “Outperform” rating in Tuesday, September 15 report. RBC Capital Markets maintained it with “Underperform” rating and $187 target in Wednesday, July 20 report. Credit Suisse maintained W W Grainger Inc (NYSE:GWW) on Wednesday, October 19 with “Neutral” rating. The firm has “Equal-Weight” rating given on Monday, April 18 by Barclays Capital. The company was downgraded on Monday, January 11 by Morgan Stanley. The stock has “Sell” rating by Deutsche Bank on Thursday, May 18.

Investors sentiment decreased to 0.96 in Q4 2016. Its down 0.03, from 0.99 in 2016Q3. It dropped, as 44 investors sold GWW shares while 197 reduced holdings. 72 funds opened positions while 159 raised stakes. 46.08 million shares or 3.44% less from 47.72 million shares in 2016Q3 were reported. Kcm Lc holds 2,761 shares or 0.04% of its portfolio. Veritable Lp invested in 5,881 shares or 0.03% of the stock. Acropolis Invest Management Ltd Liability reported 3,475 shares. Robeco Institutional Asset Bv reported 0.01% of its portfolio in W W Grainger Inc (NYSE:GWW). Voloridge Investment Mngmt Ltd Llc has invested 0.01% in W W Grainger Inc (NYSE:GWW). Commercial Bank Of America Corp De holds 0.03% or 527,830 shares. Cullen Frost Bankers Incorporated reported 1,810 shares stake. Amer Gru holds 20,012 shares or 0.02% of its portfolio. 1St Source Bankshares owns 1,141 shares. Brown Advisory Secs reported 0.06% of its portfolio in W W Grainger Inc (NYSE:GWW). Creative Planning invested in 0.01% or 6,809 shares. Pensionfund Dsm Netherlands holds 13,400 shares or 0.45% of its portfolio. Dimensional Fund Limited Partnership stated it has 0.03% of its portfolio in W W Grainger Inc (NYSE:GWW). Norinchukin Commercial Bank The reported 0.06% of its portfolio in W W Grainger Inc (NYSE:GWW). 1,350 are held by Essex Fincl Inc.

First Eagle Investment Management Llc increased Spectra Energy Corp (NYSE:SE) stake by 255,990 shares to 726,334 valued at $29.85 million in 2016Q4. It also upped Compania Cervecerias Unidas (NYSE:CCU) stake by 1.14 million shares and now owns 6.12 million shares. Danaher Corp Del (NYSE:DHR) was raised too.

Analysts await W W Grainger Inc (NYSE:GWW) to report earnings on July, 19 before the open. They expect $2.69 earnings per share, down 6.92% or $0.20 from last year’s $2.89 per share. GWW’s profit will be $160.32 million for 16.75 P/E if the $2.69 EPS becomes a reality. After $2.88 actual earnings per share reported by W W Grainger Inc for the previous quarter, Wall Street now forecasts -6.60% negative EPS growth.

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