Public Employees Retirement System Of Ohio Has Boosted Its Avnet (AVT) Position by $1.95 Million; Moneta Group Investment Advisors Upped Stake in Lowes Cos Com (LOW) as Stock Price Rose

January 14, 2018 - By whatsonthorold

Moneta Group Investment Advisors Llc increased its stake in Lowes Cos Inc Com (LOW) by 22.28% based on its latest 2017Q3 regulatory filing with the SEC. Moneta Group Investment Advisors Llc bought 23,327 shares as the company’s stock rose 10.23% with the market. The institutional investor held 128,004 shares of the consumer services company at the end of 2017Q3, valued at $10.23M, up from 104,677 at the end of the previous reported quarter. Moneta Group Investment Advisors Llc who had been investing in Lowes Cos Inc Com for a number of months, seems to be bullish on the $83.69B market cap company. The stock increased 5.35% or $5.12 during the last trading session, reaching $100.86. About 14.25 million shares traded or 127.80% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since January 14, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Public Employees Retirement System Of Ohio increased its stake in Avnet Inc (AVT) by 127.25% based on its latest 2017Q3 regulatory filing with the SEC. Public Employees Retirement System Of Ohio bought 50,000 shares as the company’s stock declined 20.08% while stock markets rallied. The institutional investor held 89,293 shares of the consumer non-durables company at the end of 2017Q3, valued at $3.51 million, up from 39,293 at the end of the previous reported quarter. Public Employees Retirement System Of Ohio who had been investing in Avnet Inc for a number of months, seems to be bullish on the $5.05 billion market cap company. The stock decreased 0.07% or $0.03 during the last trading session, reaching $41.75. About 971,193 shares traded or 12.06% up from the average. Avnet, Inc. (NYSE:AVT) has declined 4.87% since January 14, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

Since August 17, 2017, it had 0 insider purchases, and 1 sale for $393,260 activity.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.15, from 0.84 in 2017Q2. It is positive, as 31 investors sold AVT shares while 107 reduced holdings. 45 funds opened positions while 91 raised stakes. 112.60 million shares or 3.41% less from 116.57 million shares in 2017Q2 were reported. Speece Thorson Cap Grp Inc Inc reported 230,081 shares stake. Apg Asset Nv invested in 0.01% or 95,169 shares. Bluemountain Capital Ltd Llc holds 0.15% of its portfolio in Avnet, Inc. (NYSE:AVT) for 185,863 shares. 23,730 are owned by Amalgamated Bank. Kbc Nv reported 24,288 shares or 0.01% of all its holdings. Andra Ap holds 66,900 shares or 0.06% of its portfolio. Parallax Volatility Advisers Ltd Partnership has 84 shares. Acadian Asset Mgmt Limited Liability Co reported 769 shares. Moreover, Ny State Teachers Retirement has 0.02% invested in Avnet, Inc. (NYSE:AVT) for 196,848 shares. Rbf Cap Lc holds 15,000 shares. 341,039 were accumulated by Gotham Asset Management Ltd Liability Com. Fruth Investment Mgmt, a Texas-based fund reported 39,825 shares. Hotchkis Wiley Cap Ltd Liability Corp stated it has 1.50M shares. Brandywine Glob Investment Mgmt Ltd owns 388,960 shares or 0.1% of their US portfolio. Patten Gp Inc has invested 0.01% in Avnet, Inc. (NYSE:AVT).

Public Employees Retirement System Of Ohio, which manages about $19.25 billion US Long portfolio, decreased its stake in Hortonworks Inc (NASDAQ:HDP) by 72,270 shares to 98,035 shares, valued at $1.66M in 2017Q3, according to the filing. It also reduced its holding in Corning Inc (NYSE:GLW) by 40,763 shares in the quarter, leaving it with 802,398 shares, and cut its stake in Mercadolibre Inc (NASDAQ:MELI).

Among 10 analysts covering Avnet Inc. (NYSE:AVT), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Avnet Inc. had 29 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, July 14 the stock rating was downgraded by Bank of America to “Underperform”. Citigroup maintained it with “Sell” rating and $37 target in Thursday, August 11 report. On Friday, April 29 the stock rating was downgraded by Brean Capital to “Hold”. Stifel Nicolaus maintained Avnet, Inc. (NYSE:AVT) rating on Thursday, October 26. Stifel Nicolaus has “Hold” rating and $42.0 target. Suntrust Robinson downgraded the stock to “Hold” rating in Friday, April 28 report. The stock of Avnet, Inc. (NYSE:AVT) earned “Neutral” rating by Longbow on Friday, April 28. The firm has “Sell” rating given on Thursday, September 22 by Citigroup. The rating was upgraded by Cross Research on Friday, October 27 to “Hold”. The company was maintained on Friday, October 27 by Citigroup. The rating was maintained by SunTrust with “Hold” on Thursday, October 26.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It improved, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. 23,259 are owned by Horizon Lc. Brown Advisory holds 0.61% in Lowe's Companies, Inc. (NYSE:LOW) or 2.28M shares. Btim holds 14,082 shares. 1.07 million are held by Ironsides Asset Ltd Liability. Ancora Advsrs Limited Liability accumulated 12,424 shares. Andra Ap holds 88,800 shares or 0.17% of its portfolio. Capital Fincl Advisers Limited Liability, California-based fund reported 263,232 shares. Zeke Capital Advsrs Limited Liability Corp accumulated 16,173 shares. Chesley Taft has invested 0.19% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Huntington National Bank, Ohio-based fund reported 226,462 shares. Violich Capital Management Incorporated has 14,756 shares. Bnp Paribas Asset Hldg Sa accumulated 210,528 shares. Old Mutual Investors (Uk) Ltd stated it has 0% in Lowe's Companies, Inc. (NYSE:LOW). Fiduciary has invested 0.29% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Archon Ltd Limited Liability Company has invested 2.51% in Lowe's Companies, Inc. (NYSE:LOW).

Moneta Group Investment Advisors Llc, which manages about $13.82 billion and $643.44M US Long portfolio, decreased its stake in Las Vegas Sands Corp Com (NYSE:LVS) by 5,130 shares to 4,195 shares, valued at $269,000 in 2017Q3, according to the filing. It also reduced its holding in Prudential Finl Inc Com (NYSE:PRU) by 3,186 shares in the quarter, leaving it with 5,831 shares, and cut its stake in Facebook Inc Cl A (NASDAQ:FB).

Since September 19, 2017, it had 0 insider buys, and 2 sales for $778,532 activity. Ramsay Paul D also sold $163,675 worth of Lowe's Companies, Inc. (NYSE:LOW) on Tuesday, September 19.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 19 have Buy rating, 1 Sell and 13 Hold. Therefore 58% are positive. Lowe’s Companies Inc. had 76 analyst reports since August 19, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $80.0 target in Wednesday, August 23 report. The stock has “Hold” rating by S&P Research on Wednesday, August 19. The rating was initiated by Topeka Capital Markets on Tuesday, May 24 with “Hold”. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Hold” rating by Piper Jaffray on Friday, September 29. The firm has “Buy” rating given on Thursday, July 20 by Stifel Nicolaus. The rating was downgraded by Citigroup on Monday, December 19 to “Neutral”. UBS maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, November 23. UBS has “Buy” rating and $93 target. The rating was upgraded by Barclays Capital on Friday, January 5 to “Buy”. RBC Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Monday, September 25. RBC Capital Markets has “Buy” rating and $81.0 target. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Market Perform” rating given on Thursday, December 8 by Telsey Advisory Group.

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