Bowling Portfolio Management Has Decreased Alaska Air Group (ALK) Holding; Te Connectivity LTD (TEL) Sentiment Is 1

December 17, 2017 - By Marguerite Chambers

TE Connectivity Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions in the Americas, Europe, the Middle East, Africa, and the Asia–Pacific. The company has market cap of $33.84 billion. The firm operates through three divisions: Transportation Solutions, Industrial Solutions, and Communications Solutions. It has a 20.48 P/E ratio. The Transportation Solutions segment primarily provides terminals and connector systems and components, sensors, and relays, as well as application tooling and wires, and heat shrink tubing for use in the automotive, commercial transportation, and sensor markets.

Bowling Portfolio Management Llc decreased Alaska Air Group Inc (ALK) stake by 43.83% reported in 2017Q2 SEC filing. Bowling Portfolio Management Llc sold 26,222 shares as Alaska Air Group Inc (ALK)’s stock declined 12.45%. The Bowling Portfolio Management Llc holds 33,604 shares with $3.02M value, down from 59,826 last quarter. Alaska Air Group Inc now has $8.72 billion valuation. The stock increased 2.08% or $1.44 during the last trading session, reaching $70.83. About 2.64M shares traded or 37.05% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has risen 29.33% since December 17, 2016 and is uptrending. It has outperformed by 12.63% the S&P500.

Analysts await TE Connectivity Ltd. (NYSE:TEL) to report earnings on January, 24. They expect $1.25 EPS, up 8.70% or $0.10 from last year’s $1.15 per share. TEL’s profit will be $439.55M for 19.24 P/E if the $1.25 EPS becomes a reality. After $1.25 actual EPS reported by TE Connectivity Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Ratings analysis reveals 67% of TE Connectivity’s analysts are positive. Out of 3 Wall Street analysts rating TE Connectivity, 2 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. TEL was included in 3 notes of analysts from January 4, 2017. The stock of TE Connectivity Ltd. (NYSE:TEL) earned “Buy” rating by Stifel Nicolaus on Thursday, January 26. Goldman Sachs downgraded the stock to “Sell” rating in Wednesday, January 4 report. Longbow upgraded the stock to “Buy” rating in Thursday, January 12 report.

Since January 1, 0001, it had 0 buys, and 7 insider sales for $55.78 million activity.

Fiduciary Management Inc Wi holds 4.42% of its portfolio in TE Connectivity Ltd. for 9.36 million shares. Lyrical Asset Management Lp owns 3.45 million shares or 3.83% of their US portfolio. Moreover, Poplar Forest Capital Llc has 3.81% invested in the company for 563,735 shares. The Illinois-based Harris Associates L P has invested 3.74% in the stock. Mu Investments Co. Ltd., a Japan-based fund reported 64,100 shares.

The stock increased 0.74% or $0.71 during the last trading session, reaching $96.22. About 2.95 million shares traded or 118.87% up from the average. TE Connectivity Ltd. (TEL) has risen 29.30% since December 17, 2016 and is uptrending. It has outperformed by 12.60% the S&P500.

Among 15 analysts covering Alaska Air Group (NYSE:ALK), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Alaska Air Group had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James on Wednesday, November 15 to “Strong Buy”. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “In-Line” rating by Imperial Capital on Friday, February 10. Deutsche Bank maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, October 23 with “Hold” rating. The firm has “Buy” rating by Cowen & Co given on Monday, September 11. The rating was maintained by Stifel Nicolaus on Thursday, October 26 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, July 17 report. The firm has “Buy” rating given on Tuesday, January 10 by Bank of America. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Overweight” rating by JP Morgan on Wednesday, July 27. The rating was maintained by Stifel Nicolaus on Friday, October 23 with “Buy”. The rating was upgraded by Bank of America on Tuesday, April 5 to “Neutral”.

Bowling Portfolio Management Llc increased Big Lots Inc (NYSE:BIG) stake by 12,002 shares to 28,096 valued at $1.36 million in 2017Q2. It also upped Farmers National Banc (NASDAQ:FMNB) stake by 49,448 shares and now owns 94,063 shares. Ncr Corp New (NYSE:NCR) was raised too.

Analysts await Alaska Air Group, Inc. (NYSE:ALK) to report earnings on February, 14. They expect $1.00 EPS, down 35.90% or $0.56 from last year’s $1.56 per share. ALK’s profit will be $123.04 million for 17.71 P/E if the $1.00 EPS becomes a reality. After $2.24 actual EPS reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -55.36% negative EPS growth.

Since August 7, 2017, it had 0 insider purchases, and 2 selling transactions for $408,160 activity. TILDEN BRADLEY D had sold 2,400 shares worth $205,993 on Tuesday, August 8. HARRISON ANDREW R sold $202,167 worth of stock.

Investors sentiment increased to 1.34 in 2017 Q2. Its up 0.19, from 1.15 in 2017Q1. It increased, as 51 investors sold ALK shares while 150 reduced holdings. 64 funds opened positions while 168 raised stakes. 106.39 million shares or 3.26% less from 109.97 million shares in 2017Q1 were reported. Profund Advsrs Ltd Llc holds 0.02% or 4,424 shares in its portfolio. Burney reported 0.47% stake. Alliancebernstein LP invested in 226,779 shares. Northern Trust has 1.22 million shares for 0.03% of their portfolio. Supplemental Annuity Collective Tru Of Nj reported 9,000 shares. 210,081 were accumulated by Svcs Automobile Association. Voya Ltd Liability holds 985,542 shares or 0.2% of its portfolio. State Treasurer State Of Michigan invested 0.03% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Nationwide Fund Advsrs stated it has 152,635 shares. 17,953 were reported by Peak6 Investments Limited Partnership. Winfield Assocs stated it has 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Camarda Financial Advsrs Lc reported 18,150 shares. Teachers Retirement Of The State Of Kentucky has 56,640 shares. Schroder Grp stated it has 0.12% in Alaska Air Group, Inc. (NYSE:ALK). Hartline Invest has invested 0.76% in Alaska Air Group, Inc. (NYSE:ALK).

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