As Alexandria Real Estate Eq In (ARE) Shares Rose, V3 Capital Management LP Trimmed Its Stake by $8.17 Million; Midwest Investment Management Position in Ametek (AME) Decreased by $2.27 Million as Stock Value Rose

January 13, 2018 - By Vivian Park

Midwest Investment Management Llc decreased its stake in Ametek (AME) by 54.38% based on its latest 2017Q3 regulatory filing with the SEC. Midwest Investment Management Llc sold 34,408 shares as the company’s stock rose 10.20% with the market. The institutional investor held 28,866 shares of the consumer durables company at the end of 2017Q3, valued at $1.91M, down from 63,274 at the end of the previous reported quarter. Midwest Investment Management Llc who had been investing in Ametek for a number of months, seems to be less bullish one the $17.38B market cap company. The stock increased 0.84% or $0.63 during the last trading session, reaching $75.2. About 738,661 shares traded. AMETEK, Inc. (NYSE:AME) has risen 27.71% since January 13, 2017 and is uptrending. It has outperformed by 11.01% the S&P500.

V3 Capital Management Lp decreased its stake in Alexandria Real Estate Eq In (ARE) by 20.94% based on its latest 2017Q3 regulatory filing with the SEC. V3 Capital Management Lp sold 69,250 shares as the company’s stock rose 1.11% with the market. The hedge fund held 261,387 shares of the consumer services company at the end of 2017Q3, valued at $31.10M, down from 330,637 at the end of the previous reported quarter. V3 Capital Management Lp who had been investing in Alexandria Real Estate Eq In for a number of months, seems to be less bullish one the $11.98 billion market cap company. The stock increased 0.02% or $0.02 during the last trading session, reaching $125.12. About 1.62 million shares traded or 133.65% up from the average. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 25.81% since January 13, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

V3 Capital Management Lp, which manages about $365.41 million and $509.19 million US Long portfolio, upped its stake in Vornado Rlty Tr (NYSE:VNO) by 62,450 shares to 750,745 shares, valued at $57.72 million in 2017Q3, according to the filing. It also increased its holding in Douglas Emmett Inc (NYSE:DEI) by 170,650 shares in the quarter, for a total of 235,750 shares, and has risen its stake in Macerich Co (Call) (NYSE:MAC).

Among 8 analysts covering Alexandria Real Estate Equities Inc. (NYSE:ARE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Alexandria Real Estate Equities Inc. had 19 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by Evercore on Tuesday, March 21 to “Outperform”. On Tuesday, July 19 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating given on Tuesday, September 8 by Evercore. The company was upgraded on Tuesday, October 13 by JP Morgan. The stock of Alexandria Real Estate Equities, Inc. (NYSE:ARE) has “Buy” rating given on Tuesday, October 31 by Mizuho. Mizuho maintained Alexandria Real Estate Equities, Inc. (NYSE:ARE) rating on Friday, July 8. Mizuho has “Buy” rating and $113 target. The stock of Alexandria Real Estate Equities, Inc. (NYSE:ARE) earned “Buy” rating by BTIG Research on Thursday, August 25. The firm has “Buy” rating given on Monday, October 19 by Mizuho. The firm has “Overweight” rating by Barclays Capital given on Tuesday, July 18. The stock of Alexandria Real Estate Equities, Inc. (NYSE:ARE) has “Hold” rating given on Monday, January 8 by Robert W. Baird.

Analysts await Alexandria Real Estate Equities, Inc. (NYSE:ARE) to report earnings on January, 29 after the close. They expect $1.54 EPS, up 8.45% or $0.12 from last year’s $1.42 per share. ARE’s profit will be $147.40 million for 20.31 P/E if the $1.54 EPS becomes a reality. After $1.51 actual EPS reported by Alexandria Real Estate Equities, Inc. for the previous quarter, Wall Street now forecasts 1.99% EPS growth.

Since August 3, 2017, it had 0 buys, and 7 sales for $9.29 million activity. Richardson Stephen also sold $904,200 worth of Alexandria Real Estate Equities, Inc. (NYSE:ARE) shares. Andrews Thomas J had sold 5,000 shares worth $602,050.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.37, from 1.44 in 2017Q2. It increased, as 18 investors sold ARE shares while 90 reduced holdings. 49 funds opened positions while 147 raised stakes. 92.94 million shares or 1.38% less from 94.23 million shares in 2017Q2 were reported. Utah-based Utah Retirement Systems has invested 0.05% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Franklin Resource Inc accumulated 203,423 shares. The Illinois-based Envestnet Asset Mgmt has invested 0.01% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). State Common Retirement Fund has invested 0.03% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Suntrust Banks, Georgia-based fund reported 1,801 shares. Credit Suisse Ag, Switzerland-based fund reported 326,330 shares. 4 are owned by Reilly Fincl Advisors Ltd Co. Putnam Invs Limited Liability Corp, Massachusetts-based fund reported 10,186 shares. Cibc Asset Mgmt accumulated 8,433 shares or 0.01% of the stock. United Serv Automobile Association invested in 29,564 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.02% or 1,500 shares. Rmb Capital Mgmt Ltd Limited Liability Company holds 58,589 shares or 0.18% of its portfolio. Westpac Banking Corporation stated it has 199,548 shares. Qs Invsts Ltd Company holds 0% or 4,465 shares. Teachers Insurance & Annuity Association Of America holds 0.3% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE) for 92,255 shares.

Among 12 analysts covering AMETEK (NYSE:AME), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. AMETEK had 50 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Wednesday, September 20. Cowen & Co maintained the stock with “Buy” rating in Thursday, October 26 report. The stock of AMETEK, Inc. (NYSE:AME) earned “Neutral” rating by Robert W. Baird on Friday, April 29. The rating was maintained by BMO Capital Markets with “Buy” on Monday, October 16. The stock has “Outperform” rating by BMO Capital Markets on Friday, November 3. Oppenheimer maintained it with “Buy” rating and $59 target in Wednesday, August 5 report. Robert W. Baird maintained the shares of AME in report on Friday, October 6 with “Buy” rating. The rating was maintained by Jefferies on Tuesday, August 9 with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Thursday, November 2. The rating was maintained by RBC Capital Markets on Wednesday, November 2 with “Outperform”.

Midwest Investment Management Llc, which manages about $222.89M and $121.49M US Long portfolio, upped its stake in Citigroup Inc Com (NYSE:C) by 10,214 shares to 42,044 shares, valued at $3.06 million in 2017Q3, according to the filing.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.21, from 0.99 in 2017Q2. It is positive, as 27 investors sold AME shares while 146 reduced holdings. 56 funds opened positions while 151 raised stakes. 192.13 million shares or 2.08% less from 196.23 million shares in 2017Q2 were reported. Conning Incorporated invested in 0.01% or 4,650 shares. Magnetar Financial Limited holds 5,611 shares or 0.01% of its portfolio. Moore Mgmt LP accumulated 32,208 shares or 0.04% of the stock. Bluecrest Capital Mngmt Ltd reported 49,761 shares or 0.13% of all its holdings. Cipher Capital LP invested 0.35% in AMETEK, Inc. (NYSE:AME). Eagle Asset Mgmt Incorporated reported 696,887 shares stake. Moreover, Schroder Mngmt Gru has 0.01% invested in AMETEK, Inc. (NYSE:AME) for 81,971 shares. Fjarde Ap reported 0.08% of its portfolio in AMETEK, Inc. (NYSE:AME). The New York-based Gp Inc has invested 0.02% in AMETEK, Inc. (NYSE:AME). Northern Tru holds 0.05% of its portfolio in AMETEK, Inc. (NYSE:AME) for 2.68 million shares. The New York-based Tower Capital Lc (Trc) has invested 0% in AMETEK, Inc. (NYSE:AME). Daiwa Group holds 0.06% in AMETEK, Inc. (NYSE:AME) or 125,576 shares. Bryn Mawr Trust Com reported 6,395 shares. Select Equity Gru Lp reported 1.77% stake. Sentinel Asset Mngmt Inc has 35,000 shares.

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on February, 6. They expect $0.67 EPS, up 15.52% or $0.09 from last year’s $0.58 per share. AME’s profit will be $154.85M for 28.06 P/E if the $0.67 EPS becomes a reality. After $0.66 actual EPS reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 1.52% EPS growth.

Since August 4, 2017, it had 0 insider buys, and 7 insider sales for $13.35 million activity. HERMANCE FRANK S sold $10.01M worth of stock. ZAPICO DAVID A had sold 25,965 shares worth $1.86M on Monday, December 11. Shares for $817,215 were sold by Marecic Thomas C on Tuesday, September 19. VARET ELIZEBETH R sold 3,000 shares worth $189,720. Hardin John Wesley had sold 2,600 shares worth $167,726.

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