Modine Manufacturing Co (MOD) Holder Phocas Financial Decreased Stake by $529,000 as Market Value Rose; Pfizer (PFE) Shareholder Stonebridge Capital Advisors Has Cut Position

May 22, 2018 - By Linda Rogers

Modine Manufacturing Company (NYSE:MOD) Logo

Stonebridge Capital Advisors Llc decreased its stake in Pfizer Inc (PFE) by 60.92% based on its latest 2017Q4 regulatory filing with the SEC. Stonebridge Capital Advisors Llc sold 35,334 shares as the company’s stock declined 3.13% with the market. The institutional investor held 22,663 shares of the health care company at the end of 2017Q4, valued at $821,000, down from 57,997 at the end of the previous reported quarter. Stonebridge Capital Advisors Llc who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $210.03 billion market cap company. The stock increased 0.29% or $0.1 during the last trading session, reaching $35.9. About 6.47 million shares traded. Pfizer Inc. (NYSE:PFE) has risen 2.43% since May 22, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.

Phocas Financial Corp decreased its stake in Modine Manufacturing Co (MOD) by 4% based on its latest 2017Q4 regulatory filing with the SEC. Phocas Financial Corp sold 26,450 shares as the company’s stock rose 1.92% while stock markets declined. The institutional investor held 634,143 shares of the o.e.m. company at the end of 2017Q4, valued at $12.81 million, down from 660,593 at the end of the previous reported quarter. Phocas Financial Corp who had been investing in Modine Manufacturing Co for a number of months, seems to be less bullish one the $929.75M market cap company. The stock decreased 0.41% or $0.08 during the last trading session, reaching $18.42. About 90,000 shares traded. Modine Manufacturing Company (NYSE:MOD) has risen 88.05% since May 22, 2017 and is uptrending. It has outperformed by 76.50% the S&P500.

More notable recent Pfizer Inc. (NYSE:PFE) news were published by: 247Wallst.com which released: “What to Look For in the Merck and Pfizer Reports Tuesday Morning” on April 30, 2018, also Seekingalpha.com with their article: “Pfizer: Buy This Dip?” published on May 03, 2018, Streetinsider.com published: “Pfizer (PFE) Begins a Phase 1/2 Study to Evaluate RSV Vaccine” on May 22, 2018. More interesting news about Pfizer Inc. (NYSE:PFE) were released by: 247Wallst.com and their article: “How Much Pfizer Earnings Depend on a Few Brands” published on May 01, 2018 as well as Streetinsider.com‘s news article titled: “Spark Therapeutics (ONCE) and Pfizer (PFE) Highlight Data from Ongoing Phase 1/2 Clinical Trial of Investigational …” with publication date: May 22, 2018.

Stonebridge Capital Advisors Llc, which manages about $829.10 million and $436.91M US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 2,805 shares to 8,514 shares, valued at $1.88M in 2017Q4, according to the filing. It also increased its holding in Ishares Dj Select Dividend Ind (DVY) by 4,823 shares in the quarter, for a total of 51,989 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.10, from 0.96 in 2017Q3. It increased, as 51 investors sold PFE shares while 675 reduced holdings. 134 funds opened positions while 632 raised stakes. 4.07 billion shares or 0.28% more from 4.06 billion shares in 2017Q3 were reported. Umb Bancorp N A Mo reported 355,363 shares. Signature & Inv Limited Com owns 0.02% invested in Pfizer Inc. (NYSE:PFE) for 6,097 shares. Caprock Grp Inc, Idaho-based fund reported 87,818 shares. Balasa Dinverno Foltz Lc reported 0.24% stake. Becker Cap Management reported 1.79% stake. Gofen & Glossberg Lc Il holds 0.62% in Pfizer Inc. (NYSE:PFE) or 480,157 shares. Fincl Bank Of The West holds 248,430 shares. Connor Clark And Lunn Ltd invested 0.22% of its portfolio in Pfizer Inc. (NYSE:PFE). 50,782 were accumulated by Stadion Money Ltd Liability Corporation. First Wilshire Securities Management Incorporated reported 8,655 shares stake. Hl Svcs Ltd holds 3.15M shares or 2.21% of its portfolio. Taylor Asset Mgmt has invested 0.17% in Pfizer Inc. (NYSE:PFE). Hanson & Doremus Inv Mgmt reported 1.59% in Pfizer Inc. (NYSE:PFE). Opus Inv holds 180,000 shares or 1.16% of its portfolio. Blb&B Advisors Limited Liability Corporation accumulated 246,350 shares.

Since December 15, 2017, it had 0 insider buys, and 13 sales for $17.75 million activity. CORNWELL W DON also sold $64,679 worth of Pfizer Inc. (NYSE:PFE) shares. 42,393 shares valued at $1.52 million were sold by HILL CHARLES H on Tuesday, March 6. The insider JOHNSON RADY A sold $998,666. On Tuesday, May 1 READ IAN C sold $4.76 million worth of Pfizer Inc. (NYSE:PFE) or 132,312 shares. Another trade for 9,510 shares valued at $353,677 was sold by LUND-JURGENSEN KIRSTEN. $1.84 million worth of Pfizer Inc. (NYSE:PFE) was sold by LANKLER DOUGLAS M.

Among 22 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Pfizer had 79 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Societe Generale with “Hold” on Wednesday, April 6. Barclays Capital initiated the stock with “Equal-Weight” rating in Tuesday, December 1 report. As per Wednesday, October 28, the company rating was maintained by Deutsche Bank. The firm earned “Buy” rating on Thursday, July 14 by Jefferies. Barclays Capital upgraded the shares of PFE in report on Tuesday, November 29 to “Overweight” rating. The stock of Pfizer Inc. (NYSE:PFE) earned “Market Perform” rating by Leerink Swann on Monday, May 2. On Wednesday, November 1 the stock rating was maintained by UBS with “Buy”. The firm has “Hold” rating by Jefferies given on Thursday, July 13. JP Morgan reinitiated it with “Overweight” rating and $38 target in Thursday, April 7 report. The rating was maintained by Jefferies on Tuesday, September 13 with “Buy”.

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on August, 7. They expect $0.75 EPS, up 11.94% or $0.08 from last year’s $0.67 per share. PFE’s profit will be $4.39B for 11.97 P/E if the $0.75 EPS becomes a reality. After $0.77 actual EPS reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -2.60% negative EPS growth.

Since December 14, 2017, it had 0 insider buys, and 7 sales for $1.11 million activity. The insider McBurney Matthew J sold 2,379 shares worth $59,594. On Tuesday, February 13 Wollenberg Scott D sold $228,374 worth of Modine Manufacturing Company (NYSE:MOD) or 10,035 shares. WILLIAMS MARSHA C had sold 15,000 shares worth $313,650. 4,100 shares were sold by Moore Larry Oscar, worth $86,130 on Friday, December 15. 5,492 shares valued at $115,244 were sold by Marry Thomas F on Tuesday, December 19. $223,946 worth of Modine Manufacturing Company (NYSE:MOD) was sold by Schwab Holger on Thursday, December 14.

Investors sentiment increased to 1.37 in 2017 Q4. Its up 0.10, from 1.27 in 2017Q3. It is positive, as 10 investors sold MOD shares while 42 reduced holdings. 24 funds opened positions while 47 raised stakes. 41.20 million shares or 0.76% more from 40.89 million shares in 2017Q3 were reported. National Bank & Trust Of America Corp De holds 0% in Modine Manufacturing Company (NYSE:MOD) or 170,488 shares. Strs Ohio has 42,500 shares for 0% of their portfolio. State Bank Of New York Mellon holds 0% or 316,748 shares in its portfolio. Rice Hall James Assocs Limited Liability Com reported 111,382 shares. Great West Life Assurance Can invested in 5,781 shares or 0% of the stock. Gotham Asset Limited Com reported 37,051 shares stake. D E Shaw And reported 0.01% in Modine Manufacturing Company (NYSE:MOD). Keybank Association Oh owns 18,800 shares. Bridgeway Management reported 172,500 shares. Victory Cap Management has 0.04% invested in Modine Manufacturing Company (NYSE:MOD). Tiaa Cref Mngmt Ltd Liability Corp holds 0% or 329,545 shares. Swiss Natl Bank has invested 0% in Modine Manufacturing Company (NYSE:MOD). Friess Associate Ltd Liability reported 223,163 shares. Campbell & Investment Adviser Ltd Liability holds 0.25% of its portfolio in Modine Manufacturing Company (NYSE:MOD) for 16,954 shares. Gabelli Funds accumulated 979,000 shares.

Among 4 analysts covering Modine Manufacturing (NYSE:MOD), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Modine Manufacturing had 8 analyst reports since August 4, 2015 according to SRatingsIntel. As per Thursday, March 24, the company rating was upgraded by Seaport Global. Seaport Global maintained the stock with “Buy” rating in Wednesday, January 31 report. The rating was initiated by Gabelli on Tuesday, January 31 with “Buy”. The company was downgraded on Tuesday, August 4 by Zacks. The firm has “Hold” rating given on Monday, May 29 by ValuEngine. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, September 5 report. The stock has “Buy” rating by Robert W. Baird on Friday, May 26.

Analysts await Modine Manufacturing Company (NYSE:MOD) to report earnings on May, 23 after the close. They expect $0.40 EPS, up 14.29% or $0.05 from last year’s $0.35 per share. MOD’s profit will be $20.19M for 11.51 P/E if the $0.40 EPS becomes a reality. After $0.35 actual EPS reported by Modine Manufacturing Company for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Phocas Financial Corp, which manages about $1.01 billion and $1.19B US Long portfolio, upped its stake in Penske Automotive Grp Inc (NYSE:PAG) by 102,348 shares to 220,978 shares, valued at $10.57 million in 2017Q4, according to the filing. It also increased its holding in First Tr Exch Traded Fc Iii by 17,000 shares in the quarter, for a total of 277,364 shares, and has risen its stake in Nexstar Broadcasting (NASDAQ:NXST).

Pfizer Inc. (NYSE:PFE) Institutional Positions Chart

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