As Novartis A G (NVS) Shares Rose, Financial Architects Decreased Its Stake by $1.46 Million; Harley Davidson (HOG) Shareholder Kiltearn Partners Llp Increased Stake by $40.67 Million

January 13, 2018 - By Adrian Mccoy

Kiltearn Partners Llp increased its stake in Harley Davidson (HOG) by 30.71% based on its latest 2017Q3 regulatory filing with the SEC. Kiltearn Partners Llp bought 847,300 shares as the company’s stock declined 7.57% while stock markets rallied. The institutional investor held 3.61M shares of the consumer non-durables company at the end of 2017Q3, valued at $173.87 million, up from 2.76 million at the end of the previous reported quarter. Kiltearn Partners Llp who had been investing in Harley Davidson for a number of months, seems to be bullish on the $9.08 billion market cap company. The stock increased 1.45% or $0.78 during the last trading session, reaching $54.41. About 1.96M shares traded. Harley-Davidson, Inc. (NYSE:HOG) has risen 20.11% since January 13, 2017 and is uptrending. It has outperformed by 3.41% the S&P500.

Financial Architects Inc decreased its stake in Novartis A G (NVS) by 94.3% based on its latest 2017Q3 regulatory filing with the SEC. Financial Architects Inc sold 17,200 shares as the company’s stock rose 4.17% with the market. The institutional investor held 1,040 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $89,000, down from 18,240 at the end of the previous reported quarter. Financial Architects Inc who had been investing in Novartis A G for a number of months, seems to be less bullish one the $204.08B market cap company. The stock increased 1.14% or $0.98 during the last trading session, reaching $86.65. About 1.02M shares traded. Novartis AG (NYSE:NVS) has risen 7.67% since January 13, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Among 16 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 4 Sell and 7 Hold. Therefore 31% are positive. Novartis Ag had 34 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Societe Generale on Wednesday, March 8. The stock of Novartis AG (NYSE:NVS) has “Underperform” rating given on Wednesday, October 28 by Mainfirst. The firm has “Neutral” rating given on Wednesday, April 19 by JP Morgan. The stock of Novartis AG (NYSE:NVS) earned “Hold” rating by Cowen & Co on Tuesday, July 18. The stock of Novartis AG (NYSE:NVS) has “Market Perform” rating given on Wednesday, March 23 by Leerink Swann. The rating was upgraded by Argus Research on Thursday, November 10 to “Buy”. As per Friday, October 13, the company rating was maintained by Cowen & Co. The stock of Novartis AG (NYSE:NVS) has “Hold” rating given on Tuesday, April 5 by Argus Research. Chardan Capital Markets initiated Novartis AG (NYSE:NVS) rating on Tuesday, September 20. Chardan Capital Markets has “Buy” rating and $95.0 target. The firm has “Neutral” rating by UBS given on Friday, April 1.

Analysts await Novartis AG (NYSE:NVS) to report earnings on January, 24. They expect $1.16 earnings per share, up 3.57% or $0.04 from last year’s $1.12 per share. NVS’s profit will be $2.73B for 18.67 P/E if the $1.16 EPS becomes a reality. After $1.29 actual earnings per share reported by Novartis AG for the previous quarter, Wall Street now forecasts -10.08% negative EPS growth.

Investors sentiment decreased to 0.75 in Q3 2017. Its down 0.16, from 0.91 in 2017Q2. It is negative, as 54 investors sold HOG shares while 151 reduced holdings. 36 funds opened positions while 117 raised stakes. 159.80 million shares or 4.22% more from 153.33 million shares in 2017Q2 were reported. Ny State Common Retirement Fund holds 398,120 shares. Laffer Investments owns 0.33% invested in Harley-Davidson, Inc. (NYSE:HOG) for 25,755 shares. Sumitomo Mitsui Asset Mgmt Limited has 0.01% invested in Harley-Davidson, Inc. (NYSE:HOG) for 14,021 shares. Louisiana State Employees Retirement Sys has 0.02% invested in Harley-Davidson, Inc. (NYSE:HOG) for 10,700 shares. 106,510 were reported by Voya Management Ltd Liability. Sprucegrove Management stated it has 0.27% in Harley-Davidson, Inc. (NYSE:HOG). Moreover, Great West Life Assurance Can has 0.15% invested in Harley-Davidson, Inc. (NYSE:HOG). 9,904 were accumulated by Private Advisor Grp Ltd Company. California State Teachers Retirement Systems owns 303,425 shares. Andra Ap has 0.02% invested in Harley-Davidson, Inc. (NYSE:HOG). Cibc Asset holds 16,918 shares or 0.01% of its portfolio. New Mexico Educational Retirement Board has invested 0.04% in Harley-Davidson, Inc. (NYSE:HOG). Cleararc Cap reported 4,396 shares. Cubist Systematic Strategies Lc holds 0.03% or 9,430 shares. Daiwa Gp Incorporated stated it has 5,434 shares or 0% of all its holdings.

Kiltearn Partners Llp, which manages about $3.16B and $3.42 billion US Long portfolio, decreased its stake in Polaris Inds Inc (NYSE:PII) by 421,800 shares to 1.33M shares, valued at $139.58 million in 2017Q3, according to the filing. It also reduced its holding in State Str Corp (NYSE:STT) by 169,919 shares in the quarter, leaving it with 537,895 shares, and cut its stake in Morgan Stanley (NYSE:MS).

Since August 30, 2017, it had 0 buys, and 3 selling transactions for $3.03 million activity. The insider LEVATICH MATTHEW S sold 19,447 shares worth $940,387. Another trade for 15,013 shares valued at $708,309 was sold by HUND LAWRENCE G.

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