Blackbaud (BLKB) Position Maintained by Trillium Asset Management Llc; Trinity Industries (TRN) Market Value Declined While Sandy Spring Bank Has Decreased by $470,611 Its Stake

January 7, 2018 - By Darrin Black

Trillium Asset Management Llc increased its stake in Blackbaud Inc (BLKB) by 41.79% based on its latest 2017Q3 regulatory filing with the SEC. Trillium Asset Management Llc bought 44,817 shares as the company’s stock rose 9.41% with the market. The institutional investor held 152,051 shares of the technology company at the end of 2017Q3, valued at $13.35 million, up from 107,234 at the end of the previous reported quarter. Trillium Asset Management Llc who had been investing in Blackbaud Inc for a number of months, seems to be bullish on the $4.44 billion market cap company. The stock decreased 0.05% or $0.05 during the last trading session, reaching $94.49. About 210,650 shares traded. Blackbaud, Inc. (NASDAQ:BLKB) has risen 35.80% since January 7, 2017 and is uptrending. It has outperformed by 19.10% the S&P500.

Sandy Spring Bank decreased its stake in Trinity Industries Inc (TRN) by 20.06% based on its latest 2017Q3 regulatory filing with the SEC. Sandy Spring Bank sold 15,181 shares as the company’s stock declined 7.91% while stock markets rallied. The institutional investor held 60,509 shares of the capital goods company at the end of 2017Q3, valued at $1.93 million, down from 75,690 at the end of the previous reported quarter. Sandy Spring Bank who had been investing in Trinity Industries Inc for a number of months, seems to be less bullish one the $5.55 billion market cap company. The stock decreased 1.11% or $0.41 during the last trading session, reaching $36.59. About 1.58 million shares traded or 11.41% up from the average. Trinity Industries, Inc. (NYSE:TRN) has risen 58.76% since January 7, 2017 and is uptrending. It has outperformed by 42.06% the S&P500.

Since August 8, 2017, it had 0 insider buys, and 6 sales for $1.77 million activity. Another trade for 1,105 shares valued at $93,682 was sold by Nash Sarah E. Shares for $444,956 were sold by Olson Jon W. MOONEY KEVIN W also sold $205,744 worth of Blackbaud, Inc. (NASDAQ:BLKB) on Tuesday, August 8. Gianoni Michael P sold $351,080 worth of stock.

Trillium Asset Management Llc, which manages about $1.75B US Long portfolio, decreased its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 15,000 shares to 170,000 shares, valued at $6.38M in 2017Q3, according to the filing. It also reduced its holding in Autodesk Inc (NASDAQ:ADSK) by 14,443 shares in the quarter, leaving it with 108,481 shares, and cut its stake in Oneok Inc New (NYSE:OKE).

Investors sentiment decreased to 1.35 in 2017 Q3. Its down 0.07, from 1.42 in 2017Q2. It worsened, as 21 investors sold BLKB shares while 59 reduced holdings. 29 funds opened positions while 79 raised stakes. 52.08 million shares or 0.90% less from 52.56 million shares in 2017Q2 were reported. Northwestern Mutual Wealth Communication has invested 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Advantus Cap invested in 0.01% or 6,080 shares. Sg Americas Securities Limited Company has invested 0.01% in Blackbaud, Inc. (NASDAQ:BLKB). Bnp Paribas Arbitrage Sa invested in 0% or 21,976 shares. Sei Invests reported 345,930 shares. Mutual Of America Ltd has 0.06% invested in Blackbaud, Inc. (NASDAQ:BLKB) for 39,554 shares. State Of Wisconsin Investment Board has invested 0.02% in Blackbaud, Inc. (NASDAQ:BLKB). 5,054 are owned by Glenmede Trust Na. New York State Common Retirement Fund stated it has 825,389 shares. Nationwide Fund, Pennsylvania-based fund reported 439,448 shares. Tower Research Ltd (Trc) owns 5,564 shares or 0.04% of their US portfolio. The North Carolina-based Bank & Trust Of America De has invested 0.01% in Blackbaud, Inc. (NASDAQ:BLKB). Winslow Evans Crocker Inc invested 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Tiaa Cref Invest Mngmt Limited Liability Company holds 0.01% or 153,296 shares. Teacher Retirement Systems Of Texas reported 3,959 shares or 0% of all its holdings.

Among 12 analysts covering Blackbaud Inc (NASDAQ:BLKB), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Blackbaud Inc had 25 analyst reports since October 13, 2015 according to SRatingsIntel. The stock of Blackbaud, Inc. (NASDAQ:BLKB) has “Neutral” rating given on Tuesday, October 13 by B. Riley & Co. The firm earned “Outperform” rating on Thursday, December 10 by Robert W. Baird. Benchmark initiated Blackbaud, Inc. (NASDAQ:BLKB) on Thursday, November 19 with “Buy” rating. On Wednesday, November 23 the stock rating was downgraded by Bank of America to “Underperform”. The rating was initiated by Pacific Crest with “Sector Weight” on Tuesday, March 22. As per Thursday, February 18, the company rating was initiated by Wunderlich. The stock of Blackbaud, Inc. (NASDAQ:BLKB) has “Neutral” rating given on Tuesday, February 28 by Robert W. Baird. Wunderlich downgraded the stock to “Hold” rating in Friday, February 10 report. The stock of Blackbaud, Inc. (NASDAQ:BLKB) earned “Hold” rating by Evercore on Monday, June 27. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, September 12.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.09, from 0.9 in 2017Q2. It fall, as 25 investors sold TRN shares while 127 reduced holdings. 38 funds opened positions while 85 raised stakes. 122.94 million shares or 1.90% more from 120.64 million shares in 2017Q2 were reported. Hudock Grp Incorporated Limited Liability Company invested in 2,432 shares or 0.04% of the stock. Old Mutual Customised Solutions (Proprietary) holds 0.01% or 3,400 shares. 813,165 are held by Morgan Stanley. Cambridge Investment Advsr reported 0.01% stake. Texas Permanent School Fund reported 110,482 shares. First State Bank Of Omaha has 66,600 shares. Tiedemann Wealth Management Lc reported 0.01% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). Profund Advsrs Limited Liability Co invested in 16,550 shares or 0.02% of the stock. Royal Bank & Trust Of Canada holds 179,071 shares or 0% of its portfolio. Naples Global Ltd Liability has 38,060 shares for 0.41% of their portfolio. Lsv Asset reported 4.93 million shares stake. Hanseatic Service has 1,546 shares. Geode Capital Ltd, Massachusetts-based fund reported 1.24M shares. James Investment Rech has 0.39% invested in Trinity Industries, Inc. (NYSE:TRN). Highbridge Cap Mgmt Limited Co has invested 0.01% in Trinity Industries, Inc. (NYSE:TRN).

Sandy Spring Bank, which manages about $1.04B US Long portfolio, upped its stake in Honeywell International Inc (NYSE:HON) by 3,521 shares to 23,649 shares, valued at $3.35 million in 2017Q3, according to the filing. It also increased its holding in United Technologies Corp. (NYSE:UTX) by 3,353 shares in the quarter, for a total of 73,698 shares, and has risen its stake in Nvidia Corp (NASDAQ:NVDA).

Among 13 analysts covering Trinity Industries (NYSE:TRN), 7 have Buy rating, 3 Sell and 3 Hold. Therefore 54% are positive. Trinity Industries had 37 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Trinity Industries, Inc. (NYSE:TRN) has “Positive” rating given on Monday, November 6 by Susquehanna. Stifel Nicolaus maintained it with “Buy” rating and $42.0 target in Tuesday, December 12 report. The rating was maintained by Stifel Nicolaus on Friday, October 27 with “Buy”. The firm has “Buy” rating by Cowen & Co given on Wednesday, December 13. Macquarie Research upgraded the shares of TRN in report on Friday, September 4 to “Neutral” rating. The stock of Trinity Industries, Inc. (NYSE:TRN) has “Neutral” rating given on Tuesday, December 20 by Citigroup. On Monday, February 22 the stock rating was maintained by Cowen & Co with “Outperform”. Cowen & Co initiated the stock with “Outperform” rating in Monday, December 14 report. On Monday, September 21 the stock rating was downgraded by Wells Fargo to “Market Perform”. Cowen & Co maintained Trinity Industries, Inc. (NYSE:TRN) on Thursday, July 27 with “Buy” rating.

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