Hotchkis & Wiley Capital Management Lifted Mcdermott Intl (MDR) Position; Brooks Automation Has 1.43 Sentiment

October 13, 2017 - By Ellis Scott

Hotchkis & Wiley Capital Management Llc increased Mcdermott Intl Inc (MDR) stake by 5.67% reported in 2017Q2 SEC filing. Hotchkis & Wiley Capital Management Llc acquired 427,908 shares as Mcdermott Intl Inc (MDR)’s stock declined 18.27%. The Hotchkis & Wiley Capital Management Llc holds 7.98M shares with $57.22 million value, up from 7.55M last quarter. Mcdermott Intl Inc now has $1.97 billion valuation. The stock decreased 0.14% or $0.01 on October 12, reaching $6.92. About shares traded. McDermott International Inc (NYSE:MDR) has risen 47.07% since October 13, 2016 and is uptrending. It has outperformed by 30.37% the S&P500.

Brooks Automation, Inc. is a provider of automation and cryogenic solutions for various applications and markets. The company has market cap of $2.18 billion. The Firm operates through two divisions: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. It has a 39.16 P/E ratio. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum and contamination controls solutions and services.

Among 11 analysts covering McDermott International (NYSE:MDR), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. McDermott International had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, April 28 by Scotia Capital. The company was initiated on Tuesday, May 24 by Sterne Agee CRT. Scotia Capital upgraded McDermott International Inc (NYSE:MDR) rating on Friday, May 26. Scotia Capital has “Buy” rating and $9 target. On Tuesday, December 20 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The company was downgraded on Monday, April 4 by Credit Suisse. Citigroup maintained McDermott International Inc (NYSE:MDR) rating on Wednesday, July 27. Citigroup has “Neutral” rating and $6 target. Deutsche Bank maintained it with “Hold” rating and $5 target in Wednesday, October 26 report. On Thursday, October 5 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The firm has “Outperform” rating given on Thursday, September 3 by Imperial Capital. The stock of McDermott International Inc (NYSE:MDR) earned “Outperform” rating by Imperial Capital on Thursday, September 17.

Investors sentiment increased to 1.39 in 2017 Q2. Its up 0.37, from 1.02 in 2017Q1. It improved, as 46 investors sold MDR shares while 51 reduced holdings. 49 funds opened positions while 86 raised stakes. 246.04 million shares or 18.72% more from 207.24 million shares in 2017Q1 were reported. Bowling Portfolio Mngmt Ltd Liability Corp stated it has 165,503 shares or 0.17% of all its holdings. Klingenstein Fields And Company Ltd has invested 0% in McDermott International Inc (NYSE:MDR). Strs Ohio invested 0% in McDermott International Inc (NYSE:MDR). The Michigan-based Comerica Fincl Bank has invested 0.02% in McDermott International Inc (NYSE:MDR). Panagora Asset Management has 895,799 shares for 0.03% of their portfolio. Moreover, Millennium Mngmt Limited Liability Corp has 0.01% invested in McDermott International Inc (NYSE:MDR) for 1.09 million shares. Hap Trading Ltd Llc has invested 0.02% in McDermott International Inc (NYSE:MDR). Ubs Asset Americas holds 403,662 shares or 0% of its portfolio. United Service Automobile Association reported 173,600 shares. Laurion Mgmt Limited Partnership owns 39,995 shares. Perritt Cap Management holds 0.02% or 10,000 shares. Lsv Asset Management holds 0.18% or 14.47 million shares. Us Bancshares De owns 0% invested in McDermott International Inc (NYSE:MDR) for 6,315 shares. Trust Of Virginia Va holds 0.01% or 10,000 shares in its portfolio. Gemmer Asset Mgmt Limited Liability Corp has invested 0% in McDermott International Inc (NYSE:MDR).

Hotchkis & Wiley Capital Management Llc decreased Intl Paper Co (NYSE:IP) stake by 307,600 shares to 4.16M valued at $235.59 million in 2017Q2. It also reduced Morgan Stanley (NYSE:MS) stake by 979,600 shares and now owns 2.51 million shares. Travelers Companies Inc (NYSE:TRV) was reduced too.

It closed at $31.25 lastly. It is down 181.96% since October 13, 2016 and is uptrending. It has outperformed by 165.26% the S&P500.

Ratings analysis reveals 50% of Brooks Automation’s analysts are positive. Out of 4 Wall Street analysts rating Brooks Automation, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $17.0 while the high is $22.0. The stock’s average target of $19.50 is -37.60% below today’s ($31.25) share price. BRKS was included in 4 notes of analysts from October 12, 2016. The firm earned “Buy” rating on Wednesday, October 12 by Citigroup. The rating was maintained by Needham with “Buy” on Thursday, February 2. The stock of Brooks Automation, Inc (NASDAQ:BRKS) earned “Hold” rating by Stifel Nicolaus on Tuesday, January 3. The rating was upgraded by Credit Suisse to “Neutral” on Monday, January 9.

Analysts await Brooks Automation, Inc (NASDAQ:BRKS) to report earnings on November, 9. They expect $0.28 EPS, up 27.27% or $0.06 from last year’s $0.22 per share. BRKS’s profit will be $19.53M for 27.90 P/E if the $0.28 EPS becomes a reality. After $0.36 actual EPS reported by Brooks Automation, Inc for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

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