Trexquant Investment LP Has Lowered Timken Co (TKR) Holding by $523,776 as Stock Value Rose; American Financial Group Has Lowered Its Franklin Res (BEN) Position by $4.40 Million; Shares Declined

January 14, 2018 - By Marguerite Chambers

American Financial Group Inc decreased its stake in Franklin Res Inc (BEN) by 30.3% based on its latest 2017Q3 regulatory filing with the SEC. American Financial Group Inc sold 100,000 shares as the company’s stock declined 1.15% while stock markets rallied. The institutional investor held 230,000 shares of the finance company at the end of 2017Q3, valued at $10.24 million, down from 330,000 at the end of the previous reported quarter. American Financial Group Inc who had been investing in Franklin Res Inc for a number of months, seems to be less bullish one the $24.67 billion market cap company. The stock increased 1.34% or $0.59 during the last trading session, reaching $44.53. About 2.00M shares traded. Franklin Resources, Inc. (NYSE:BEN) has risen 19.40% since January 14, 2017 and is uptrending. It has outperformed by 2.70% the S&P500.

Trexquant Investment Lp decreased its stake in Timken Co (TKR) by 68.62% based on its latest 2017Q3 regulatory filing with the SEC. Trexquant Investment Lp sold 10,912 shares as the company’s stock rose 3.26% with the market. The institutional investor held 4,990 shares of the metal fabrications company at the end of 2017Q3, valued at $242,000, down from 15,902 at the end of the previous reported quarter. Trexquant Investment Lp who had been investing in Timken Co for a number of months, seems to be less bullish one the $4.05B market cap company. The stock increased 0.68% or $0.35 during the last trading session, reaching $52.2. About 527,427 shares traded. The Timken Company (NYSE:TKR) has risen 41.86% since January 14, 2017 and is uptrending. It has outperformed by 25.16% the S&P500.

Analysts await The Timken Company (NYSE:TKR) to report earnings on February, 8. They expect $0.67 EPS, up 42.55% or $0.20 from last year’s $0.47 per share. TKR’s profit will be $52.01 million for 19.48 P/E if the $0.67 EPS becomes a reality. After $0.71 actual EPS reported by The Timken Company for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Trexquant Investment Lp, which manages about $105.00 million and $396.96 million US Long portfolio, upped its stake in Dst Sys Inc Del (NYSE:DST) by 6,066 shares to 9,466 shares, valued at $519,000 in 2017Q3, according to the filing. It also increased its holding in Ryder Sys Inc (NYSE:R) by 4,218 shares in the quarter, for a total of 7,018 shares, and has risen its stake in Hologic Inc (NASDAQ:HOLX).

Investors sentiment decreased to 0.65 in 2017 Q3. Its down 0.75, from 1.4 in 2017Q2. It is negative, as 30 investors sold TKR shares while 120 reduced holdings. 30 funds opened positions while 67 raised stakes. 60.00 million shares or 1.92% less from 61.18 million shares in 2017Q2 were reported. Point72 Asset LP reported 86,300 shares or 0.02% of all its holdings. Barclays Public Ltd reported 0% of its portfolio in The Timken Company (NYSE:TKR). Loomis Sayles Communication LP owns 546 shares or 0% of their US portfolio. South Dakota Invest Council holds 69,800 shares. Price T Rowe Assocs Incorporated Md invested in 0% or 21,659 shares. Thrivent Fin For Lutherans has 15,299 shares. Oregon Pub Employees Retirement Fund invested in 0.02% or 25,477 shares. Boston Partners, a Massachusetts-based fund reported 2.32 million shares. Principal Fincl Gru invested in 318,621 shares. Geode Mgmt Ltd Limited Liability Company owns 614,614 shares. Fruth Invest owns 25,300 shares. Citigroup has invested 0% in The Timken Company (NYSE:TKR). Ubs Oconnor Ltd reported 0.27% of its portfolio in The Timken Company (NYSE:TKR). 6,123 are held by Strategic Advisors Ltd Llc. Tiaa Cref Investment Mgmt Ltd Com invested in 0% or 110,043 shares.

Among 9 analysts covering The Timken Company (NYSE:TKR), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. The Timken Company had 23 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of The Timken Company (NYSE:TKR) has “Neutral” rating given on Thursday, November 17 by Bank of America. The stock of The Timken Company (NYSE:TKR) has “Buy” rating given on Monday, November 7 by Evercore. Jefferies downgraded the stock to “Hold” rating in Wednesday, January 20 report. The company was maintained on Wednesday, June 28 by Stifel Nicolaus. Jefferies maintained the shares of TKR in report on Wednesday, October 25 with “Hold” rating. The stock of The Timken Company (NYSE:TKR) earned “Buy” rating by Stifel Nicolaus on Thursday, October 29. The rating was maintained by Jefferies on Monday, September 18 with “Hold”. Stifel Nicolaus maintained The Timken Company (NYSE:TKR) rating on Thursday, October 5. Stifel Nicolaus has “Hold” rating and $53.0 target. The stock has “Neutral” rating by Goldman Sachs on Monday, March 28. Jefferies maintained the shares of TKR in report on Wednesday, April 19 with “Hold” rating.

Investors sentiment increased to 0.84 in Q3 2017. Its up 0.02, from 0.82 in 2017Q2. It increased, as 39 investors sold BEN shares while 185 reduced holdings. 43 funds opened positions while 146 raised stakes. 240.11 million shares or 1.59% less from 243.98 million shares in 2017Q2 were reported. Amer Grp Inc holds 0.03% of its portfolio in Franklin Resources, Inc. (NYSE:BEN) for 221,375 shares. Bessemer Group Inc holds 0% or 6,470 shares. United Kingdom-based Bp Public Ltd Co has invested 0.07% in Franklin Resources, Inc. (NYSE:BEN). Virtus Investment Advisers accumulated 0.08% or 18,036 shares. Eaton Vance reported 0.09% stake. The Massachusetts-based Geode Capital Ltd Liability Co has invested 0.06% in Franklin Resources, Inc. (NYSE:BEN). Sterling Cap Limited, North Carolina-based fund reported 86,900 shares. Proshare Advsrs Limited Liability Company owns 0.55% invested in Franklin Resources, Inc. (NYSE:BEN) for 1.35M shares. Profund Limited Liability Co has invested 0.01% in Franklin Resources, Inc. (NYSE:BEN). The Nevada-based Whittier Co Of Nevada Inc has invested 0.1% in Franklin Resources, Inc. (NYSE:BEN). Beacon Fincl Gru stated it has 7,597 shares. Lmr Limited Liability Partnership holds 0.37% in Franklin Resources, Inc. (NYSE:BEN) or 77,533 shares. Jpmorgan Chase And holds 3.15 million shares or 0.03% of its portfolio. State Of Alaska Department Of Revenue owns 23,268 shares. Fiduciary Tru Commerce owns 0.01% invested in Franklin Resources, Inc. (NYSE:BEN) for 7,891 shares.

Analysts await Franklin Resources, Inc. (NYSE:BEN) to report earnings on January, 26. They expect $0.74 earnings per share, down 3.90% or $0.03 from last year’s $0.77 per share. BEN’s profit will be $409.90 million for 15.04 P/E if the $0.74 EPS becomes a reality. After $0.76 actual earnings per share reported by Franklin Resources, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Since October 30, 2017, it had 0 insider purchases, and 2 sales for $4.61 million activity.

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