Korea Investment Cut By $1.05 Million Its Sealed Air New (SEE) Holding; Kopernik Global Investors Upped Its Kbr (KBR) Stake

November 14, 2017 - By Peter Kolinski

Kopernik Global Investors Llc increased Kbr Inc (KBR) stake by 4.94% reported in 2017Q2 SEC filing. Kopernik Global Investors Llc acquired 32,797 shares as Kbr Inc (KBR)’s stock declined 10.61%. The Kopernik Global Investors Llc holds 696,283 shares with $10.60 million value, up from 663,486 last quarter. Kbr Inc now has $2.49B valuation. The stock declined 8.15% or $1.58 reaching $17.8 on the news. About 4.52 million shares traded or 100.00% up from the average. KBR, Inc. (NYSE:KBR) has risen 5.89% since November 14, 2016 and is uptrending. It has underperformed by 10.81% the S&P500.

Korea Investment Corp decreased Sealed Air Corp New (SEE) stake by 18.16% reported in 2017Q2 SEC filing. Korea Investment Corp sold 23,900 shares as Sealed Air Corp New (SEE)’s stock declined 9.02%. The Korea Investment Corp holds 107,700 shares with $4.82 million value, down from 131,600 last quarter. Sealed Air Corp New now has $10.40 billion valuation. The stock rose 0.50% or $0.23 reaching $45.21. About 1.13 million shares traded. Sealed Air Corp (NYSE:SEE) has declined 6.94% since November 14, 2016 and is downtrending. It has underperformed by 23.64% the S&P500.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.28, from 0.87 in 2017Q1. It is positive, as 36 investors sold KBR shares while 53 reduced holdings. 35 funds opened positions while 67 raised stakes. 150.07 million shares or 10.00% more from 136.43 million shares in 2017Q1 were reported. Liberty Mutual Gp Asset Management invested 0.04% of its portfolio in KBR, Inc. (NYSE:KBR). Paloma Prtnrs Mgmt holds 0.12% of its portfolio in KBR, Inc. (NYSE:KBR) for 678,548 shares. Ameritas Inv Partners Inc holds 0.04% or 54,757 shares in its portfolio. Morgan Stanley invested in 366,083 shares. Cim Mangement stated it has 0.1% in KBR, Inc. (NYSE:KBR). Pzena Mngmt Limited Liability holds 0.4% in KBR, Inc. (NYSE:KBR) or 4.77 million shares. Moreover, Texas Permanent School Fund has 0.02% invested in KBR, Inc. (NYSE:KBR) for 104,518 shares. Bb&T Secs Limited Liability Company has 0.01% invested in KBR, Inc. (NYSE:KBR) for 23,700 shares. Cna Fin stated it has 0.5% in KBR, Inc. (NYSE:KBR). Guggenheim Cap Limited Liability Company reported 97,220 shares. Corbyn Inv Management Md reported 376,992 shares stake. Old Mutual Customised Solutions (Proprietary) accumulated 7,600 shares. Ubs Asset Americas Incorporated has 0% invested in KBR, Inc. (NYSE:KBR) for 108,978 shares. Canada Pension Plan Inv Board stated it has 120,476 shares or 0% of all its holdings. Amalgamated Bancorporation stated it has 0.01% in KBR, Inc. (NYSE:KBR).

Among 10 analysts covering KBR Inc (NYSE:KBR), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. KBR Inc had 25 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, November 1 the stock rating was downgraded by DA Davidson to “Hold”. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 31 with “Buy”. The stock of KBR, Inc. (NYSE:KBR) earned “Buy” rating by Deutsche Bank on Tuesday, October 24. Deutsche Bank upgraded KBR, Inc. (NYSE:KBR) rating on Tuesday, October 4. Deutsche Bank has “Buy” rating and $16 target. The firm earned “Accumulate” rating on Wednesday, October 5 by Johnson Rice. Bank of America upgraded the stock to “Neutral” rating in Thursday, August 6 report. KeyBanc Capital Markets maintained the shares of KBR in report on Thursday, October 5 with “Buy” rating. The stock has “Hold” rating by Johnson Rice on Monday, May 2. Goldman Sachs downgraded the shares of KBR in report on Monday, December 7 to “Sell” rating. The rating was upgraded by Bank of America to “Buy” on Thursday, November 17.

Analysts await Sealed Air Corp (NYSE:SEE) to report earnings on February, 8. They expect $0.57 earnings per share, down 25.00% or $0.19 from last year’s $0.76 per share. SEE’s profit will be $131.12M for 19.83 P/E if the $0.57 EPS becomes a reality. After $0.46 actual earnings per share reported by Sealed Air Corp for the previous quarter, Wall Street now forecasts 23.91% EPS growth.

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