Paradigm Asset Management Co Holding in Lear Corp. (LEA) Lowered by $167.48 Million as Shares Rose; As Honeywell Int’l (HON) Shares Declined, Baxter Bros Has Lifted Its Holding

June 17, 2018 - By Ellis Scott

Lear Corporation (NYSE:LEA) Logo

Paradigm Asset Management Co Llc decreased its stake in Lear Corp. (LEA) by 5.7% based on its latest 2018Q1 regulatory filing with the SEC. Paradigm Asset Management Co Llc sold 900 shares as the company’s stock rose 2.38% while stock markets declined. The institutional investor held 14,900 shares of the o.e.m. company at the end of 2018Q1, valued at $2.77B, down from 15,800 at the end of the previous reported quarter. Paradigm Asset Management Co Llc who had been investing in Lear Corp. for a number of months, seems to be less bullish one the $13.43 billion market cap company. The stock decreased 0.08% or $0.17 during the last trading session, reaching $202.52. About 575,012 shares traded or 1.16% up from the average. Lear Corporation (NYSE:LEA) has risen 37.02% since June 17, 2017 and is uptrending. It has outperformed by 24.45% the S&P500. Some Historical LEA News: 23/04/2018 – UNIFOR DELIVERS STRIKE MANDATE TO FCAU SUPPLIER LEAR AJAX; 22/03/2018 – LEAR CORP LEA.N : MORGAN STANLEY RAISES TARGET PRICE TO $191 FROM $148; 23/04/2018 – DJ Lear Corporation, Inst Holders, 1Q 2018 (LEA); 24/05/2018 – U.S. auto import probe fans tariff fears, riles Asia, Europe carmakers; 14/05/2018 – MOODY’S AFFIRMS LEAR’S RATINGS, SR UNSECURED AT Baa3; OUTLOOK; 21/03/2018 – LEAR EXPANDS SEATING STRUCTURES PLANT IN VALENÇA, PORTUGAL; 26/04/2018 – LEAR CORP SEES FULL YEAR 2018 PRETAX OPERATIONAL RESTRUCTURING COSTS ARE ESTIMATED TO BE $70 MLN; 06/04/2018 – IAC GROUP RECEIVES STRATEGIC INVESTMENT FROM GAMUT CAPITAL MANAGEMENT; 23/05/2018 – Indiewire: Norman Lear Developing Hip-Hop Animated Kids Series for Nickelodeon; 26/04/2018 – Lear 1Q Net $353.7M

Baxter Bros Inc increased its stake in Honeywell Int’l (HON) by 26.31% based on its latest 2018Q1 regulatory filing with the SEC. Baxter Bros Inc bought 6,996 shares as the company’s stock declined 3.73% with the market. The institutional investor held 33,590 shares of the o.e.m. company at the end of 2018Q1, valued at $4.85 million, up from 26,594 at the end of the previous reported quarter. Baxter Bros Inc who had been investing in Honeywell Int’l for a number of months, seems to be bullish on the $112.21B market cap company. The stock decreased 0.64% or $0.97 during the last trading session, reaching $150.23. About 3.93 million shares traded or 46.88% up from the average. Honeywell International Inc. (NYSE:HON) has risen 12.64% since June 17, 2017 and is uptrending. It has outperformed by 0.07% the S&P500. Some Historical HON News: 18/05/2018 – Honeywell Names Alessandro Gili as Financial Chief of Transportation Systems Spinoff; 16/04/2018 – Bombardier’s Singapore Service Centre Completes its First Ka-band High-speed Internet Installation on In-service Global 6000 Aircraft; 25/04/2018 – Honeywell Inaugurates Its First Asian Industrial Cyber Security Center In Singapore; 01/05/2018 – Honeywell Intl: Szlosek to Retire for Personal Reasons; 20/04/2018 – Stocks making the biggest moves premarket: GE, HON, RF, WFC, MAT, SKX & more; 16/05/2018 – BSE Mumbai Bourse: Results from Honeywell Automation India for Apr 01 to Mar 31; 19/04/2018 – Honeywell Closes Below 50-Day Moving Average: Technicals; 24/04/2018 – HONEYWELL CHANGES PROXY BYLAWS FOR INVESTORS; 03/05/2018 – Honeywell Introduces New Intelligent Wearables For Industrial Field Workers; 07/03/2018 – TIANJIN TIANHAI INVESTMENT 600751.SS SAYS IT SIGNS STRATEGIC MOU WITH HONEYWELL CHINA’S AUTOMATION CONTROL UNIT

Since February 14, 2018, it had 0 buys, and 4 selling transactions for $18.59 million activity. The insider PARDO JAIME CHICO /FA sold 3,426 shares worth $515,921. Mahoney Timothy O. sold $17.20 million worth of stock or 114,489 shares.

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 97 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 20 by S&P Research. The stock has “Buy” rating by Vertical Research on Friday, October 20. The stock of Honeywell International Inc. (NYSE:HON) has “Outperform” rating given on Monday, April 25 by Oppenheimer. The firm earned “Overweight” rating on Monday, October 5 by Barclays Capital. Jefferies maintained it with “Buy” rating and $155.0 target in Tuesday, August 22 report. The company was maintained on Monday, April 25 by Morgan Stanley. RBC Capital Markets maintained Honeywell International Inc. (NYSE:HON) on Sunday, October 22 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $185.0 target in Friday, January 19 report. The firm has “Overweight” rating by Morgan Stanley given on Friday, September 22. RBC Capital Markets maintained it with “Buy” rating and $14500 target in Friday, June 30 report.

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.20, from 1.11 in 2017Q4. It is negative, as 64 investors sold HON shares while 536 reduced holdings. 110 funds opened positions while 434 raised stakes. 518.09 million shares or 2.49% less from 531.30 million shares in 2017Q4 were reported. Haverford Tru Co accumulated 363,561 shares or 1.05% of the stock. Motco has invested 0.52% of its portfolio in Honeywell International Inc. (NYSE:HON). Lee Danner And Bass has 22,565 shares. Ubs Asset Mgmt Americas Inc holds 0% or 3.38 million shares in its portfolio. Pioneer Tru Bank N A Or invested in 1.39% or 18,935 shares. Smithfield has invested 0.2% in Honeywell International Inc. (NYSE:HON). Bank Of Nova Scotia reported 262,255 shares or 0.2% of all its holdings. Heritage Wealth Advisors holds 3,205 shares. Daiwa Sb Invests Limited holds 0.25% or 6,030 shares in its portfolio. Horizon Kinetics Limited Liability Corp reported 11,294 shares. Arvest Comml Bank Division accumulated 122,807 shares. Perritt Capital Mngmt owns 3,889 shares. Moreover, Wealthtrust has 0.58% invested in Honeywell International Inc. (NYSE:HON) for 7,659 shares. Crossvault Capital Mngmt Limited Liability Co stated it has 48,292 shares or 3.97% of all its holdings. Edgestream Partners Limited Partnership has 0.08% invested in Honeywell International Inc. (NYSE:HON) for 2,788 shares.

More notable recent Honeywell International Inc. (NYSE:HON) news were published by: Seekingalpha.com which released: “Pay Attention To Watsco” on June 09, 2018, also Seekingalpha.com with their article: “Honeywell International: Still Set For Growth” published on May 30, 2018, Seekingalpha.com published: “Honeywell declares war on fixed costs” on May 22, 2018. More interesting news about Honeywell International Inc. (NYSE:HON) were released by: Seekingalpha.com and their article: “Buffett And Dimon Play The Long Ball” published on June 11, 2018 as well as Streetinsider.com‘s news article titled: “Honeywell (HON) to Name Transportation Systems Business Garrett After Spin-Off” with publication date: June 14, 2018.

Another recent and important Lear Corporation (NYSE:LEA) news was published by Streetinsider.com which published an article titled: “Lear Corp. (LEA) Names John Absmeier as CTO” on June 05, 2018.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 25. They expect $5.03 EPS, up 14.58% or $0.64 from last year’s $4.39 per share. LEA’s profit will be $333.59M for 10.07 P/E if the $5.03 EPS becomes a reality. After $5.10 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts -1.37% negative EPS growth.

Among 21 analysts covering Lear Corporation (NYSE:LEA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Lear Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Lear Corporation (NYSE:LEA) has “Buy” rating given on Friday, April 27 by Longbow. The firm has “Hold” rating given on Tuesday, April 11 by RBC Capital Markets. As per Monday, November 13, the company rating was maintained by KeyBanc Capital Markets. Robert W. Baird maintained the shares of LEA in report on Tuesday, January 23 with “Buy” rating. The firm earned “Hold” rating on Sunday, August 27 by RBC Capital Markets. The stock has “Sell” rating by Goldman Sachs on Thursday, October 6. The rating was upgraded by Deutsche Bank on Wednesday, February 7 to “Buy”. Cowen & Co maintained the shares of LEA in report on Thursday, January 18 with “Buy” rating. As per Tuesday, October 3, the company rating was downgraded by UBS. The firm earned “Hold” rating on Thursday, October 26 by Deutsche Bank.

Since February 16, 2018, it had 0 insider buys, and 13 insider sales for $47.12 million activity. 20,380 shares were sold by Vanneste Jeffrey H., worth $3.88 million. On Thursday, May 17 the insider SMITH GREG C sold $360,537. On Tuesday, May 22 FOSTER JONATHAN F sold $508,088 worth of Lear Corporation (NYSE:LEA) or 2,500 shares. $4.86M worth of Lear Corporation (NYSE:LEA) was sold by SCOTT RAYMOND E on Friday, February 16. $4.13M worth of Lear Corporation (NYSE:LEA) shares were sold by Orsini Frank C. On Friday, February 16 the insider RUNKLE DONALD L sold $190,671.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.03, from 0.96 in 2017Q4. It fall, as 23 investors sold LEA shares while 193 reduced holdings. 64 funds opened positions while 136 raised stakes. 55.69 million shares or 4.05% less from 58.04 million shares in 2017Q4 were reported. Barclays Pcl has 0% invested in Lear Corporation (NYSE:LEA) for 27,163 shares. Eventide Asset Mgmt Ltd Company stated it has 1.6% of its portfolio in Lear Corporation (NYSE:LEA). Kbc Group Incorporated Nv, Belgium-based fund reported 7,627 shares. Nuveen Asset Limited Liability Co stated it has 0.16% of its portfolio in Lear Corporation (NYSE:LEA). Natixis reported 56,775 shares or 0.06% of all its holdings. Dreman Value Management L L C owns 3,200 shares. Cambridge Inv Research Advsr accumulated 12,815 shares or 0.03% of the stock. Kennedy Capital invested in 0.12% or 33,924 shares. Legal & General Gru Public Limited Liability Co has invested 0.05% of its portfolio in Lear Corporation (NYSE:LEA). Magnetar Financial Lc has invested 0.02% in Lear Corporation (NYSE:LEA). Basswood Llc stated it has 124,445 shares. Connecticut-based Cubist Systematic Strategies Ltd Liability Com has invested 0.12% in Lear Corporation (NYSE:LEA). Hussman Strategic Advsr has 300 shares. Century accumulated 29,010 shares. Etrade Cap Limited Liability Company owns 0.05% invested in Lear Corporation (NYSE:LEA) for 7,547 shares.

Lear Corporation (NYSE:LEA) Institutional Positions Chart

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