Actuant (ATU) Position Held by Southernsun Asset Management Llc; Third Security Has Lowered Its Intrexon (XON) Holding by $112.68 Million as Share Value Rose

January 14, 2018 - By Richard Conner

Southernsun Asset Management Llc increased its stake in Actuant Corp (ATU) by 2.49% based on its latest 2017Q3 regulatory filing with the SEC. Southernsun Asset Management Llc bought 59,335 shares as the company’s stock declined 5.05% while stock markets rallied. The institutional investor held 2.44M shares of the industrial machinery and components company at the end of 2017Q3, valued at $62.44M, up from 2.38M at the end of the previous reported quarter. Southernsun Asset Management Llc who had been investing in Actuant Corp for a number of months, seems to be bullish on the $1.53 billion market cap company. The stock decreased 0.59% or $0.15 during the last trading session, reaching $25.45. About 450,291 shares traded or 6.83% up from the average. Actuant Corporation (NYSE:ATU) has risen 0.16% since January 14, 2017 and is uptrending. It has underperformed by 16.54% the S&P500.

Third Security Llc decreased its stake in Intrexon Corp (XON) by 9.5% based on its latest 2017Q3 regulatory filing with the SEC. Third Security Llc sold 5.93M shares as the company’s stock rose 0.26% with the market. The hedge fund held 56.51M shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $1.07B, down from 62.44M at the end of the previous reported quarter. Third Security Llc who had been investing in Intrexon Corp for a number of months, seems to be less bullish one the $1.78 billion market cap company. The stock increased 11.27% or $1.49 during the last trading session, reaching $14.71. About 2.55M shares traded or 54.74% up from the average. Intrexon Corporation (NYSE:XON) has declined 10.60% since January 14, 2017 and is downtrending. It has underperformed by 27.30% the S&P500.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.34, from 0.86 in 2017Q2. It improved, as 29 investors sold XON shares while 30 reduced holdings. 17 funds opened positions while 54 raised stakes. 92.42 million shares or 5.79% less from 98.10 million shares in 2017Q2 were reported. California Pub Employees Retirement System invested in 0% or 24,300 shares. Hightower Advisors Limited Com reported 28,016 shares. Cacti Asset Mgmt Ltd Liability Corporation holds 12,500 shares or 0.02% of its portfolio. National Planning Corporation has 0.05% invested in Intrexon Corporation (NYSE:XON) for 12,958 shares. Voya Invest Management Ltd Company owns 21,301 shares or 0% of their US portfolio. Next Finance Gru has 0% invested in Intrexon Corporation (NYSE:XON) for 300 shares. The United Kingdom-based Barclays Public Ltd has invested 0% in Intrexon Corporation (NYSE:XON). Moreover, Nelson Van Denburg & Campbell Wealth Management Grp Inc Ltd Llc has 0% invested in Intrexon Corporation (NYSE:XON). Rhumbline Advisers holds 58,056 shares. Geode Mgmt Limited Liability Com stated it has 485,861 shares. Moreover, Iridian Asset Mngmt Ltd Liability Company Ct has 0.6% invested in Intrexon Corporation (NYSE:XON). Oz Mgmt Lp stated it has 0.01% in Intrexon Corporation (NYSE:XON). Schwab Charles Invest Management Incorporated reported 198,148 shares or 0% of all its holdings. Price T Rowe Assoc Md owns 27,967 shares for 0% of their portfolio. Citadel Advsr Limited Liability Company holds 0% or 132,163 shares.

Since August 11, 2017, it had 1 buying transaction, and 0 selling transactions for $2.50 million activity.

Third Security Llc, which manages about $2.60B and $1.59 billion US Long portfolio, upped its stake in Precipio Inc by 813,482 shares to 1.36 million shares, valued at $2.94 million in 2017Q3, according to the filing.

Analysts await Intrexon Corporation (NYSE:XON) to report earnings on March, 7. They expect $-0.31 EPS, down 19.23% or $0.05 from last year’s $-0.26 per share. After $-0.20 actual EPS reported by Intrexon Corporation for the previous quarter, Wall Street now forecasts 55.00% negative EPS growth.

Among 7 analysts covering Intrexon (NYSE:XON), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Intrexon had 17 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Bank of America on Wednesday, October 14. Northland Capital maintained Intrexon Corporation (NYSE:XON) rating on Friday, November 10. Northland Capital has “Buy” rating and $21.0 target. The firm has “Market Outperform” rating given on Tuesday, May 3 by JMP Securities. The rating was maintained by Northland Capital with “Buy” on Thursday, October 5. As per Monday, July 27, the company rating was maintained by Wunderlich. The stock has “Buy” rating by Wunderlich on Tuesday, August 11. On Friday, November 10 the stock rating was maintained by Bank of America with “Neutral”. On Tuesday, August 11 the stock rating was downgraded by Mizuho to “Underperform”. Mizuho maintained the stock with “Neutral” rating in Monday, January 25 report. The firm has “Buy” rating given on Wednesday, April 5 by Stifel Nicolaus.

Since September 28, 2017, it had 0 buys, and 2 sales for $153,218 activity. 876 shares valued at $22,268 were sold by Rennie Stephen on Thursday, September 28.

Southernsun Asset Management Llc, which manages about $5.32 billion and $4.07B US Long portfolio, decreased its stake in American Express Co. (NYSE:AXP) by 4,037 shares to 30,148 shares, valued at $2.73M in 2017Q3, according to the filing. It also reduced its holding in Federal Signal Corp (NYSE:FSS) by 162,109 shares in the quarter, leaving it with 1.43M shares, and cut its stake in Centene Corp. (NYSE:CNC).

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