Edgewood Management Increased Position in Alliance Data Systems (ADS) by $914,089 as Shares Declined; As Honeywell Intl (HON) Stock Price Declined, Shareholder Fukoku Mutual Life Insurance Company Lowered Stake by $612,000

April 18, 2018 - By Nellie Frank

Alliance Data Systems Corporation (NYSE:ADS) Logo

Edgewood Management Llc increased its stake in Alliance Data Systems Corp (ADS) by 0.12% based on its latest 2017Q4 regulatory filing with the SEC. Edgewood Management Llc bought 3,613 shares as the company’s stock declined 13.04% with the market. The institutional investor held 2.90M shares of the business services company at the end of 2017Q4, valued at $736.06M, up from 2.90 million at the end of the previous reported quarter. Edgewood Management Llc who had been investing in Alliance Data Systems Corp for a number of months, seems to be bullish on the $11.86B market cap company. The stock increased 1.04% or $2.21 during the last trading session, reaching $213.79. About 820,418 shares traded or 17.72% up from the average. Alliance Data Systems Corporation (NYSE:ADS) has declined 9.99% since April 18, 2017 and is downtrending. It has underperformed by 21.54% the S&P500.

Fukoku Mutual Life Insurance Company decreased its stake in Honeywell Intl Inc (HON) by 54.42% based on its latest 2017Q4 regulatory filing with the SEC. Fukoku Mutual Life Insurance Company sold 4,000 shares as the company’s stock declined 5.96% with the market. The institutional investor held 3,350 shares of the o.e.m. company at the end of 2017Q4, valued at $514,000, down from 7,350 at the end of the previous reported quarter. Fukoku Mutual Life Insurance Company who had been investing in Honeywell Intl Inc for a number of months, seems to be less bullish one the $111.93B market cap company. The stock increased 0.58% or $0.86 during the last trading session, reaching $149.56. About 2.05 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 18, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 94 analyst reports since July 30, 2015 according to SRatingsIntel. Credit Suisse maintained Honeywell International Inc. (NYSE:HON) on Monday, April 24 with “Hold” rating. On Friday, August 28 the stock rating was downgraded by Vetr to “Strong-Buy”. The firm earned “Outperform” rating on Monday, October 10 by RBC Capital Markets. The company was maintained on Tuesday, February 20 by Robert W. Baird. Stifel Nicolaus maintained the shares of HON in report on Sunday, December 10 with “Buy” rating. Oppenheimer maintained the stock with “Buy” rating in Friday, July 21 report. The company was maintained on Tuesday, October 10 by Jefferies. The stock has “Buy” rating by Robert W. Baird on Wednesday, October 11. On Sunday, January 28 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Buy” rating on Monday, July 17 by Cowen & Co.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on April, 20 before the open. They expect $1.89 EPS, up 13.86% or $0.23 from last year’s $1.66 per share. HON’s profit will be $1.41 billion for 19.78 P/E if the $1.89 EPS becomes a reality. After $1.85 actual EPS reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 2.16% EPS growth.

Since February 14, 2018, it had 0 insider purchases, and 2 insider sales for $874,731 activity. Shares for $448,440 were sold by PARDO JAIME CHICO /FA.

Fukoku Mutual Life Insurance Company, which manages about $662.85 million US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 926 shares to 1,389 shares, valued at $507,000 in 2017Q4, according to the filing.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It fall, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Conning invested 0.14% in Honeywell International Inc. (NYSE:HON). Atalanta Sosnoff Llc owns 338,730 shares. D Scott Neal accumulated 235 shares. Wellington Mngmt Group Inc Llp accumulated 0.53% or 15.58M shares. Hartford Finance Mgmt Inc owns 19,446 shares. Karp Capital Mgmt Corporation reported 1.04% in Honeywell International Inc. (NYSE:HON). Lee Danner & Bass holds 22,450 shares. Schulhoff & Inc has invested 1% in Honeywell International Inc. (NYSE:HON). Foster & Motley Inc invested 0.85% in Honeywell International Inc. (NYSE:HON). South Texas Money Management Ltd has invested 0.07% in Honeywell International Inc. (NYSE:HON). Reilly Advisors Limited Liability Com reported 0.3% of its portfolio in Honeywell International Inc. (NYSE:HON). Int Invsts owns 1.73 million shares or 0.3% of their US portfolio. Ngam Advsrs LP holds 206,239 shares or 0.32% of its portfolio. Dupont Capital Management has invested 0.65% in Honeywell International Inc. (NYSE:HON). Srb Corporation has 0.03% invested in Honeywell International Inc. (NYSE:HON).

Investors sentiment is 0.93 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 39 investors sold ADS shares while 176 reduced holdings. only 69 funds opened positions while 132 raised stakes. 51.81 million shares or 1.64% more from 50.97 million shares in 2017Q3 were reported. 1,900 are owned by Employees Retirement Sys Of Texas. Nomura Hldg holds 3,080 shares. Thomas White Ltd, Illinois-based fund reported 7,783 shares. Clearbridge Investments Ltd Liability Company accumulated 325,063 shares. Barclays Public Ltd owns 0.02% invested in Alliance Data Systems Corporation (NYSE:ADS) for 116,060 shares. Canada Pension Plan Board holds 0.08% or 177,384 shares in its portfolio. Smithfield Tru invested 0.02% in Alliance Data Systems Corporation (NYSE:ADS). 24,000 were accumulated by Lapides Asset Ltd Liability Corp. Pictet Asset Mgmt invested in 26,986 shares. Cardinal Management stated it has 0.17% in Alliance Data Systems Corporation (NYSE:ADS). New York-based Jane Street Group Inc Ltd Llc has invested 0% in Alliance Data Systems Corporation (NYSE:ADS). Gabelli Funds Ltd Liability Corp invested 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Hartford Mngmt owns 0.05% invested in Alliance Data Systems Corporation (NYSE:ADS) for 9,967 shares. Frontier Management Company Ltd Limited Liability Company owns 277,658 shares for 0.51% of their portfolio. Texas Permanent School Fund owns 13,123 shares.

Among 35 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 3 Sell and 14 Hold. Therefore 51% are positive. Alliance Data Systems had 94 analyst reports since August 9, 2015 according to SRatingsIntel. Guggenheim initiated Alliance Data Systems Corporation (NYSE:ADS) on Thursday, November 17 with “Buy” rating. The rating was downgraded by Pacific Crest to “Sector Weight” on Monday, September 26. The company was maintained on Wednesday, January 17 by Credit Suisse. Oppenheimer maintained it with “Sell” rating and $19100 target in Thursday, July 20 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $317.0 target in Thursday, December 21 report. On Tuesday, August 29 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Monday, October 16. The stock has “Buy” rating by Piper Jaffray on Friday, September 8. The firm has “Outperform” rating given on Friday, January 29 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, March 28 by RBC Capital Markets.

Edgewood Management Llc, which manages about $9.25B and $22.97 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 3,113 shares to 166,229 shares, valued at $28.13M in 2017Q4, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 9,724 shares in the quarter, leaving it with 689,541 shares, and cut its stake in Intuitive Surgical Inc (NASDAQ:ISRG).

Since February 16, 2018, it had 0 buys, and 2 insider sales for $8.14 million activity. The insider Miller Melisa A sold $3.00M.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

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