As Thermo Fisher Scientific (TMO) Valuation Rose, Holder Northstar Asset Management Decreased Stake by $408,240; Raytheon (RTN) Holding Has Lifted by Jlb & Associates Inc

January 14, 2018 - By Adrian Erickson

Jlb & Associates Inc increased its stake in Raytheon (RTN) by 12.73% based on its latest 2017Q3 regulatory filing with the SEC. Jlb & Associates Inc bought 2,075 shares as the company’s stock rose 4.85% with the market. The institutional investor held 18,375 shares of the industrial machinery and components company at the end of 2017Q3, valued at $3.43 million, up from 16,300 at the end of the previous reported quarter. Jlb & Associates Inc who had been investing in Raytheon for a number of months, seems to be bullish on the $57.08B market cap company. The stock increased 2.13% or $4.11 during the last trading session, reaching $197.46. About 1.49M shares traded or 10.91% up from the average. Raytheon Company (NYSE:RTN) has risen 24.03% since January 14, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Northstar Asset Management Llc decreased its stake in Thermo Fisher Scientific Inc. (TMO) by 6.1% based on its latest 2017Q3 regulatory filing with the SEC. Northstar Asset Management Llc sold 2,160 shares as the company’s stock rose 8.13% with the market. The institutional investor held 33,270 shares of the industrial machinery and components company at the end of 2017Q3, valued at $6.30M, down from 35,430 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Thermo Fisher Scientific Inc. for a number of months, seems to be less bullish one the $84.28 billion market cap company. The stock increased 0.72% or $1.51 during the last trading session, reaching $210.17. About 1.49M shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since January 14, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Since August 2, 2017, it had 0 insider purchases, and 7 selling transactions for $18.71 million activity. $65,149 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shares were sold by HARRIS C MARTIN. $366,645 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by Shine Daniel P on Wednesday, August 30. Herrema Gregory J. sold $5.28 million worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Wednesday, August 2. HOOGASIAN SETH H also sold $736,092 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shares. 3,894 Thermo Fisher Scientific Inc. (NYSE:TMO) shares with value of $721,091 were sold by HORNSTRA PETER E. The insider CASPER MARC N sold $9.59M.

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on January, 30. They expect $2.66 EPS, up 10.37% or $0.25 from last year’s $2.41 per share. TMO’s profit will be $1.07 billion for 19.75 P/E if the $2.66 EPS becomes a reality. After $2.31 actual EPS reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 15.15% EPS growth.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.05, from 0.91 in 2017Q2. It increased, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Voloridge Inv Limited Com holds 20,788 shares or 0.09% of its portfolio. Cambridge Trust Communications invested 0.06% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Lord Abbett And owns 235,034 shares. Brighton Jones Ltd Liability Company holds 0.04% or 1,611 shares in its portfolio. Endurance Wealth Management stated it has 65,764 shares. Bridges Inv stated it has 15,256 shares. Advisory Svcs Ltd Co stated it has 0.16% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Envestnet Asset Mgmt Incorporated has invested 0.03% in Thermo Fisher Scientific Inc. (NYSE:TMO). Segantii Management Limited stated it has 3.7% in Thermo Fisher Scientific Inc. (NYSE:TMO). Pictet Asset invested in 2.41M shares. Ssi Inv Mgmt Incorporated stated it has 0.03% in Thermo Fisher Scientific Inc. (NYSE:TMO). Moreover, Haverford Trust has 0.03% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 8,029 shares. The California-based Gemmer Asset Management Llc has invested 0.02% in Thermo Fisher Scientific Inc. (NYSE:TMO). Sta Wealth Management Lc reported 1,569 shares. Pitcairn Co holds 0.34% or 15,934 shares.

Among 18 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 53 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, October 26 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating given on Friday, October 20 by Jefferies. Cowen & Co maintained the stock with “Buy” rating in Friday, September 8 report. Jefferies maintained it with “Hold” rating and $195.0 target in Wednesday, September 27 report. As per Monday, January 11, the company rating was maintained by Stifel Nicolaus. The rating was downgraded by Cleveland on Friday, September 9 to “Neutral”. The firm earned “Buy” rating on Tuesday, September 26 by Goldman Sachs. The firm has “Buy” rating given on Friday, April 28 by Leerink Swann. The firm has “Buy” rating by Cowen & Co given on Wednesday, October 25. The company was upgraded on Tuesday, December 8 by Goldman Sachs.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.09, from 1.12 in 2017Q2. It increased, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. Wright Serv reported 21,380 shares. Green Square Ltd Liability Corp reported 1,715 shares. Lafleur & Godfrey Lc owns 109,761 shares or 5.36% of their US portfolio. Ledyard Retail Bank reported 556 shares. Robeco Institutional Asset Mgmt Bv holds 0.42% of its portfolio in Raytheon Company (NYSE:RTN) for 359,444 shares. Zeke Capital Advsr Ltd Liability Co holds 4,316 shares or 0.11% of its portfolio. Federated Invsts Pa has 0.23% invested in Raytheon Company (NYSE:RTN) for 426,704 shares. Bahl & Gaynor, a Ohio-based fund reported 5,643 shares. Wellington Mngmt Gp Llp invested in 2.69M shares or 0.12% of the stock. Brown Brothers Harriman & Co reported 0.01% in Raytheon Company (NYSE:RTN). Denver Invest Advsrs Limited Liability Company accumulated 0.01% or 1,220 shares. Alliancebernstein LP reported 2.92 million shares stake. Mercer Cap Advisers holds 0.07% or 501 shares in its portfolio. Eagle Asset Mgmt owns 35,982 shares. Wesbanco Financial Bank accumulated 65,136 shares.

Jlb & Associates Inc, which manages about $350.10M and $409.45 million US Long portfolio, decreased its stake in Mastercard (NYSE:MA) by 3,186 shares to 125,334 shares, valued at $17.70 million in 2017Q3, according to the filing. It also reduced its holding in Danaher (NYSE:DHR) by 11,585 shares in the quarter, leaving it with 10,622 shares, and cut its stake in Microsoft (NASDAQ:MSFT).

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