As Brunswick (BC) Stock Price Rose, Zpr Investment Management Has Trimmed Its Stake by $840,565; Arcadia Investment Management Trimmed Holding in Carmax (KMX) by $724,992 as Market Valuation Declined

May 24, 2018 - By olga

Brunswick Corporation (NYSE:BC) Logo

Arcadia Investment Management Corp decreased its stake in Carmax Inc (KMX) by 22.39% based on its latest 2017Q4 regulatory filing with the SEC. Arcadia Investment Management Corp sold 11,328 shares as the company’s stock declined 8.40% with the market. The institutional investor held 39,267 shares of the automotive aftermarket company at the end of 2017Q4, valued at $2.52M, down from 50,595 at the end of the previous reported quarter. Arcadia Investment Management Corp who had been investing in Carmax Inc for a number of months, seems to be less bullish one the $11.89B market cap company. The stock increased 1.14% or $0.75 during the last trading session, reaching $66.77. About 1.25M shares traded. CarMax, Inc. (NYSE:KMX) has risen 1.49% since May 24, 2017 and is uptrending. It has underperformed by 10.06% the S&P500.

Zpr Investment Management decreased its stake in Brunswick Corp (BC) by 32.1% based on its latest 2017Q4 regulatory filing with the SEC. Zpr Investment Management sold 15,283 shares as the company’s stock rose 4.93% while stock markets declined. The institutional investor held 32,323 shares of the industrial machinery and components company at the end of 2017Q4, valued at $1.79 million, down from 47,606 at the end of the previous reported quarter. Zpr Investment Management who had been investing in Brunswick Corp for a number of months, seems to be less bullish one the $5.44 billion market cap company. The stock increased 0.31% or $0.19 during the last trading session, reaching $62.43. About 250,680 shares traded. Brunswick Corporation (NYSE:BC) has declined 3.37% since May 24, 2017 and is downtrending. It has underperformed by 14.92% the S&P500.

Another recent and important Brunswick Corporation (NYSE:BC) news was published by Globenewswire.com which published an article titled: “Brunswick Corporation : Foulkes named President – Brunswick Marine Consumer Solutions” on May 21, 2018.

Since December 15, 2017, it had 0 insider purchases, and 3 insider sales for $405,222 activity. Dekker Christopher F sold 3,100 shares worth $182,394. Shares for $15,072 were sold by Preisser Brenna on Wednesday, May 16.

Among 18 analysts covering Brunswick (NYSE:BC), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Brunswick had 72 analyst reports since September 4, 2015 according to SRatingsIntel. Northcoast upgraded the shares of BC in report on Friday, November 3 to “Buy” rating. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Friday, February 2. The stock of Brunswick Corporation (NYSE:BC) has “Buy” rating given on Monday, March 5 by CL King. The stock of Brunswick Corporation (NYSE:BC) has “Buy” rating given on Friday, June 9 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $49 target in Monday, January 18 report. The stock has “Buy” rating by Imperial Capital on Monday, February 5. The firm has “Buy” rating given on Thursday, October 26 by SunTrust. The company was maintained on Friday, April 13 by FBR Capital. The rating was initiated by Imperial Capital with “Outperform” on Tuesday, September 27. Jefferies maintained the stock with “Hold” rating in Wednesday, August 16 report.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.18, from 1.18 in 2017Q3. It dived, as 32 investors sold BC shares while 112 reduced holdings. 46 funds opened positions while 98 raised stakes. 79.48 million shares or 0.47% less from 79.86 million shares in 2017Q3 were reported. Punch & Assoc Invest Management Inc, Minnesota-based fund reported 95,919 shares. Price Capital Management Inc invested 0.65% in Brunswick Corporation (NYSE:BC). Eagle Asset Mngmt stated it has 0.16% of its portfolio in Brunswick Corporation (NYSE:BC). Lenox Wealth Management, a Ohio-based fund reported 1,579 shares. Putnam Invests Ltd Co has 0.07% invested in Brunswick Corporation (NYSE:BC) for 539,359 shares. Trexquant Inv LP holds 0.1% in Brunswick Corporation (NYSE:BC) or 16,391 shares. New York-based First Manhattan has invested 0% in Brunswick Corporation (NYSE:BC). Vanguard Group Incorporated accumulated 7.09 million shares. Winfield Associate holds 25 shares. Millennium Management Limited Company owns 1.31 million shares. Congress Asset Management Ma owns 50,614 shares or 0.04% of their US portfolio. 4,978 were reported by Pacad Investment Limited. Amp Cap Invsts has invested 0% in Brunswick Corporation (NYSE:BC). Ahl Prtn Ltd Liability Partnership holds 0.11% or 132,425 shares. Goldman Sachs Gp Inc invested in 3.01M shares or 0.04% of the stock.

Analysts await Brunswick Corporation (NYSE:BC) to report earnings on July, 26. They expect $1.55 EPS, up 14.81% or $0.20 from last year’s $1.35 per share. BC’s profit will be $135.11 million for 10.07 P/E if the $1.55 EPS becomes a reality. After $1.01 actual EPS reported by Brunswick Corporation for the previous quarter, Wall Street now forecasts 53.47% EPS growth.

Zpr Investment Management, which manages about $201.53M and $69.34M US Long portfolio, upped its stake in Arris Intl Inc by 28,745 shares to 120,057 shares, valued at $3.08 million in 2017Q4, according to the filing. It also increased its holding in Ultra Clean Hldgs Inc (NASDAQ:UCTT) by 64,420 shares in the quarter, for a total of 143,590 shares, and has risen its stake in Wayside Technology Group Inc (NASDAQ:WSTG).

Since December 15, 2017, it had 2 insider purchases, and 10 selling transactions for $11.48 million activity. MARGOLIN ERIC M also sold $1.28 million worth of CarMax, Inc. (NYSE:KMX) shares. FOLLIARD THOMAS J had sold 8,000 shares worth $540,000. Wood William C Jr. had sold 49,714 shares worth $3.13 million on Tuesday, April 17. 35 shares were bought by GRAFTON W ROBERT, worth $2,280. Another trade for 6,584 shares valued at $478,064 was made by Newberry Darren C on Tuesday, January 16. 5,000 shares were bought by Bensen Peter J, worth $310,600.

Among 18 analysts covering Carmax Inc (NYSE:KMX), 9 have Buy rating, 2 Sell and 7 Hold. Therefore 50% are positive. Carmax Inc had 65 analyst reports since August 3, 2015 according to SRatingsIntel. On Thursday, June 22 the stock rating was downgraded by Susquehanna to “Neutral”. The rating was upgraded by Berenberg to “Buy” on Monday, January 8. The stock of CarMax, Inc. (NYSE:KMX) earned “Buy” rating by Vetr on Friday, September 4. The firm has “Hold” rating by Deutsche Bank given on Thursday, September 22. As per Wednesday, April 12, the company rating was maintained by Oppenheimer. The firm has “Buy” rating by Wedbush given on Monday, September 25. Oppenheimer maintained CarMax, Inc. (NYSE:KMX) rating on Monday, April 24. Oppenheimer has “Buy” rating and $72 target. On Friday, September 22 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of CarMax, Inc. (NYSE:KMX) earned “Perform” rating by Oppenheimer on Wednesday, September 23. The rating was downgraded by Deutsche Bank to “Hold” on Friday, November 17.

Another recent and important CarMax, Inc. (NYSE:KMX) news was published by Fool.com which published an article titled: “These Companies Gave Bonuses or Raises After Tax Reform” on May 24, 2018.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.14, from 0.9 in 2017Q3. It increased, as 39 investors sold KMX shares while 152 reduced holdings. 64 funds opened positions while 134 raised stakes. 174.62 million shares or 7.20% less from 188.17 million shares in 2017Q3 were reported. Tru Of Virginia Va stated it has 13,747 shares or 0.12% of all its holdings. Kbc Nv holds 0.01% or 11,178 shares in its portfolio. Decatur Capital Management holds 137,875 shares. Brown Brothers Harriman And, a New York-based fund reported 12,512 shares. Daiwa Secs holds 0.04% in CarMax, Inc. (NYSE:KMX) or 84,705 shares. Lmr Prtn Ltd Liability Partnership stated it has 0.09% of its portfolio in CarMax, Inc. (NYSE:KMX). The New York-based Citigroup Inc has invested 0% in CarMax, Inc. (NYSE:KMX). Cibc Asset Management holds 18,066 shares or 0.01% of its portfolio. Nokota Mgmt Limited Partnership reported 0.26% in CarMax, Inc. (NYSE:KMX). Point72 Asia (Hong Kong) stated it has 771 shares. First Manhattan stated it has 166,975 shares or 0.06% of all its holdings. Liberty Mutual Asset reported 7,304 shares or 0.01% of all its holdings. Highbridge Cap Mngmt Ltd Liability Corp has 0.34% invested in CarMax, Inc. (NYSE:KMX). 37,000 were accumulated by Diker Mngmt Lc. The Illinois-based Envestnet Asset Mngmt Incorporated has invested 0.01% in CarMax, Inc. (NYSE:KMX).

Arcadia Investment Management Corp, which manages about $587.00 million and $357.38M US Long portfolio, upped its stake in Becton Dickinson & Co (NYSE:BDX) by 2,402 shares to 35,121 shares, valued at $7.52M in 2017Q4, according to the filing. It also increased its holding in Monolithic Pwr Sys Inc (NASDAQ:MPWR) by 2,995 shares in the quarter, for a total of 31,512 shares, and has risen its stake in Suncor Energy Inc New (NYSE:SU).

Analysts await CarMax, Inc. (NYSE:KMX) to report earnings on June, 20. They expect $1.22 EPS, up 7.96% or $0.09 from last year’s $1.13 per share. KMX’s profit will be $217.25M for 13.68 P/E if the $1.22 EPS becomes a reality. After $0.77 actual EPS reported by CarMax, Inc. for the previous quarter, Wall Street now forecasts 58.44% EPS growth.

CarMax, Inc. (NYSE:KMX) Institutional Positions Chart

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