Dt Investment Partners Has Raised Its Holding in United Parcel Service Cl B (UPS) by $889,790 as Shares Declined; Fiduciary Management Has Trimmed Its Holding in Te Connectivity LTD (TEL) by $19.79 Million

December 17, 2017 - By Migdalia James

Fiduciary Management Inc decreased its stake in Te Connectivity Ltd. (TEL) by 2.64% based on its latest 2017Q2 regulatory filing with the SEC. Fiduciary Management Inc sold 253,777 shares as the company’s stock declined 0.72% while stock markets rallied. The institutional investor held 9.36 million shares of the electronic components company at the end of 2017Q2, valued at $736.68 million, down from 9.62M at the end of the previous reported quarter. Fiduciary Management Inc who had been investing in Te Connectivity Ltd. for a number of months, seems to be less bullish one the $33.84B market cap company. 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. (NYSE:TEL) has risen 29.30% since December 17, 2016 and is uptrending. It has outperformed by 12.60% the S&P500.

Dt Investment Partners Llc increased its stake in United Parcel Service Inc Cl B (UPS) by 109.58% based on its latest 2017Q2 regulatory filing with the SEC. Dt Investment Partners Llc bought 8,089 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 15,471 shares of the transportation company at the end of 2017Q2, valued at $1.71M, up from 7,382 at the end of the previous reported quarter. Dt Investment Partners Llc who had been investing in United Parcel Service Inc Cl B for a number of months, seems to be bullish on the $101.68 billion market cap company. The stock increased 0.99% or $1.16 during the last trading session, reaching $118. About 5.00 million shares traded or 88.58% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since December 17, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

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

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity had 34 analyst reports since July 23, 2015 according to SRatingsIntel. On Monday, September 4 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, November 3 with “Outperform”. The rating was maintained by RBC Capital Markets on Thursday, October 29 with “Outperform”. The stock of TE Connectivity Ltd. (NYSE:TEL) earned “Sell” rating by Goldman Sachs on Wednesday, January 4. On Tuesday, August 1 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating by RBC Capital Markets given on Thursday, October 12. The firm has “Buy” rating given on Thursday, December 14 by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, November 2 by Citigroup. The rating was downgraded by Longbow to “Neutral” on Thursday, January 14. The firm earned “Buy” rating on Monday, October 16 by Cowen & Co.

Investors sentiment decreased to 0.97 in 2017 Q2. Its down 0.11, from 1.08 in 2017Q1. It fall, as 41 investors sold TEL shares while 194 reduced holdings. 65 funds opened positions while 164 raised stakes. 309.23 million shares or 2.81% less from 318.18 million shares in 2017Q1 were reported. Campbell Newman Asset Mgmt Inc has 136,949 shares. Everence Capital accumulated 11,541 shares. Us State Bank De has invested 0.02% in TE Connectivity Ltd. (NYSE:TEL). Pnc Gp Inc Inc has 0.12% invested in TE Connectivity Ltd. (NYSE:TEL). Wealthtrust Axiom Ltd Liability Com invested 0.1% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Kentucky Retirement Sys Insurance Fund holds 0.14% or 9,723 shares. Amp Capital Invsts Limited invested in 202,351 shares. 1St Global Advsrs Inc holds 0.1% of its portfolio in TE Connectivity Ltd. (NYSE:TEL) for 11,379 shares. 5,423 are owned by Johnson Group. Nomura, a Japan-based fund reported 36,117 shares. Poplar Forest Capital Ltd Liability stated it has 3.81% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). First Allied Advisory invested in 5,842 shares. Oppenheimer & Communication Inc reported 6,796 shares or 0.01% of all its holdings. Apg Asset Mgmt Nv holds 970,315 shares. Schwartz Invest Counsel accumulated 27,200 shares.

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $55.78 million activity. $14.75 million worth of TE Connectivity Ltd. (NYSE:TEL) was sold by LYNCH THOMAS J on Friday, September 1. MERKT STEVEN T sold $10.11 million worth of TE Connectivity Ltd. (NYSE:TEL) on Wednesday, August 2. 6,000 shares valued at $481,357 were sold by CALASTRI MARIO on Wednesday, August 2.

Fiduciary Management Inc, which manages about $20.63 billion and $16.67 billion US Long portfolio, upped its stake in Tjx Companies Inc (NYSE:TJX) by 1.81M shares to 4.67 million shares, valued at $336.84M in 2017Q2, according to the filing. It also increased its holding in White Mountains Ins. (NYSE:WTM) by 20,835 shares in the quarter, for a total of 71,448 shares, and has risen its stake in Mednax Inc. (NYSE:MD).

Among 20 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. United Parcel Service had 53 analyst reports since July 29, 2015 according to SRatingsIntel. Loop Capital maintained the shares of UPS in report on Friday, October 27 with “Hold” rating. The company was maintained on Wednesday, February 3 by Oppenheimer. The firm has “Buy” rating given on Thursday, July 27 by Oppenheimer. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, July 27 report. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Thursday, October 5. Robert W. Baird has “Hold” rating and $125.0 target. S&P Research maintained United Parcel Service, Inc. (NYSE:UPS) rating on Wednesday, July 29. S&P Research has “Buy” rating and $120 target. JP Morgan initiated the shares of UPS in report on Tuesday, December 13 with “Neutral” rating. As per Thursday, October 12, the company rating was maintained by JP Morgan. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Thursday, September 17 by Zacks. Morgan Stanley maintained the shares of UPS in report on Monday, December 11 with “Sell” rating.

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