Investec Asset Management LTD Has Trimmed Alaska Air Group (ALK) Position; Zacks Investment Management Lifted Its Potlatch New (PCH) Stake

January 14, 2018 - By whatsonthorold

Investec Asset Management Ltd decreased Alaska Air Group Inc (ALK) stake by 17.26% reported in 2017Q3 SEC filing. Investec Asset Management Ltd sold 180,065 shares as Alaska Air Group Inc (ALK)’s stock declined 12.45%. The Investec Asset Management Ltd holds 863,364 shares with $65.85M value, down from 1.04 million last quarter. Alaska Air Group Inc now has $9.05B valuation. The stock decreased 1.72% or $1.29 during the last trading session, reaching $73.52. About 2.95M shares traded or 52.41% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since January 14, 2017 and is uptrending. It has outperformed by 12.63% the S&P500.

Zacks Investment Management increased Potlatch Corp New (PCH) stake by 45.64% reported in 2017Q3 SEC filing. Zacks Investment Management acquired 12,798 shares as Potlatch Corp New (PCH)’s stock rose 0.45%. The Zacks Investment Management holds 40,839 shares with $2.08 million value, up from 28,041 last quarter. Potlatch Corp New now has $2.09B valuation. The stock decreased 0.58% or $0.3 during the last trading session, reaching $51.55. About 332,517 shares traded. Potlatch Corporation (NASDAQ:PCH) has risen 31.76% since January 14, 2017 and is uptrending. It has outperformed by 15.06% the S&P500.

Analysts await Alaska Air Group, Inc. (NYSE:ALK) to report earnings on February, 14. They expect $0.94 EPS, down 39.74% or $0.62 from last year’s $1.56 per share. ALK’s profit will be $115.66M for 19.55 P/E if the $0.94 EPS becomes a reality. After $2.24 actual EPS reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -58.04% negative EPS growth.

Since August 7, 2017, it had 0 buys, and 2 sales for $408,160 activity. 2,400 shares were sold by TILDEN BRADLEY D, worth $205,993. HARRISON ANDREW R had sold 2,350 shares worth $202,167.

Investors sentiment increased to 1.34 in 2017 Q3. Its up 0.19, from 1.15 in 2017Q2. It improved, as 53 investors sold ALK shares while 131 reduced holdings. 68 funds opened positions while 179 raised stakes. 105.25 million shares or 1.07% less from 106.39 million shares in 2017Q2 were reported. Jpmorgan Chase & Communication invested in 571,198 shares. Garde Inc invested 0.04% in Alaska Air Group, Inc. (NYSE:ALK). Verition Fund Ltd owns 23,028 shares. Cohen Steers owns 154,561 shares. Moreover, Howe Rusling has 0% invested in Alaska Air Group, Inc. (NYSE:ALK) for 109 shares. New England Research Management holds 22,050 shares. Commonwealth Bank Of owns 59,709 shares or 0.04% of their US portfolio. Weiss Multi invested in 78,000 shares or 0.22% of the stock. Tillar holds 1.54% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 26,545 shares. Boston Common Asset Ltd holds 9,480 shares or 0.09% of its portfolio. Eaton Vance Mngmt has invested 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Wealthtrust accumulated 500 shares or 0.02% of the stock. Gotham Asset Llc stated it has 206,772 shares. Davidson Advisors holds 0.91% or 110,565 shares in its portfolio. Peak6 Investments Limited Partnership accumulated 60,114 shares.

Among 16 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Alaska Air Group had 74 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) rating on Monday, August 7. Cowen & Co has “Buy” rating and $10300 target. The rating was maintained by Morgan Stanley on Tuesday, August 4 with “Overweight”. Cowen & Co upgraded the shares of ALK in report on Monday, April 24 to “Outperform” rating. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, December 4 with “Outperform” rating. Cowen & Co maintained the shares of ALK in report on Thursday, October 26 with “Buy” rating. As per Thursday, February 9, the company rating was maintained by Cowen & Co. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 26 report. The company was maintained on Sunday, August 20 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, October 23 by Stifel Nicolaus. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Buy” rating given on Thursday, October 13 by Buckingham Research.

Investec Asset Management Ltd increased Telekomunikasi Indonesia Perse (NYSE:TLK) stake by 63,658 shares to 126,316 valued at $4.33M in 2017Q3. It also upped Ao Smith Corp (NYSE:AOS) stake by 5,566 shares and now owns 33,501 shares. Taiwan Semiconductor Manufactu (NYSE:TSM) was raised too.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.15, from 1.45 in 2017Q2. It dived, as 23 investors sold PCH shares while 58 reduced holdings. 31 funds opened positions while 74 raised stakes. 33.55 million shares or 2.91% more from 32.61 million shares in 2017Q2 were reported. Ameritas Invest Prtnrs reported 0.04% in Potlatch Corporation (NASDAQ:PCH). Los Angeles Mngmt Equity Rech reported 38,568 shares. 4,443 are held by Dekabank Deutsche Girozentrale. Ellington Mngmt Grp Inc Ltd Llc invested 0.04% in Potlatch Corporation (NASDAQ:PCH). Blackrock Inc stated it has 0.01% in Potlatch Corporation (NASDAQ:PCH). Alliancebernstein Limited Partnership reported 156,140 shares or 0.01% of all its holdings. Bancshares Of Montreal Can invested in 49,541 shares or 0% of the stock. Jacobs Levy Equity Mngmt holds 0.01% or 5,200 shares in its portfolio. 11,900 were accumulated by Strs Ohio. Ubs Asset Management Americas Incorporated has invested 0% in Potlatch Corporation (NASDAQ:PCH). 160,560 are held by Boston Advisors Limited. M&R Capital Mngmt holds 2,276 shares or 0.03% of its portfolio. Convergence Inv Prtn Limited Liability holds 26,341 shares or 0.19% of its portfolio. Hancock Holding Com holds 0.01% or 4,892 shares. Moreover, Robeco Institutional Asset Bv has 0.03% invested in Potlatch Corporation (NASDAQ:PCH) for 81,710 shares.

Among 8 analysts covering Potlatch (NASDAQ:PCH), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Potlatch had 24 analyst reports since September 7, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Sunday, July 30 with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The rating was maintained by RBC Capital Markets with “Hold” on Monday, September 4. The rating was downgraded by DA Davidson on Wednesday, July 27 to “Neutral”. On Wednesday, November 16 the stock rating was downgraded by Vertical Research to “Hold”. The company was maintained on Wednesday, October 25 by Bank of America. As per Wednesday, October 4, the company rating was downgraded by Vertical Research. BMO Capital Markets maintained Potlatch Corporation (NASDAQ:PCH) rating on Friday, October 20. BMO Capital Markets has “Hold” rating and $42.0 target. The stock of Potlatch Corporation (NASDAQ:PCH) earned “Hold” rating by Zacks on Monday, September 7. The rating was downgraded by Bank of America on Tuesday, November 22 to “Underperform”.

Zacks Investment Management decreased United Rentals Inc (NYSE:URI) stake by 19,418 shares to 7,994 valued at $1.11M in 2017Q3. It also reduced Allison Transmission Hldgs I (NYSE:ALSN) stake by 386,573 shares and now owns 95,412 shares. Royal Dutch Shell Plc was reduced too.

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