New York State Teachers Retirement System Decreased Lowes Companies (LOW) Stake By $5.50 Million; Dana Holdings (DAN) Shorts Raised By 21.22%

June 19, 2017 - By marketbeat

New York State Teachers Retirement System decreased Lowes Companies Inc (LOW) stake by 4.83% reported in 2016Q4 SEC filing. New York State Teachers Retirement System sold 77,500 shares as Lowes Companies Inc (LOW)’s stock rose 10.23%. The New York State Teachers Retirement System holds 1.53M shares with $108.49M value, down from 1.60 million last quarter. Lowes Companies Inc now has $68.06B valuation. The stock rose 1.79% or $1.43 reaching $81.22. About 2.64 million shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since June 19, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Dana Holdings Corporation (NYSE:DAN) had an increase of 21.22% in short interest. DAN’s SI was 4.07M shares in June as released by FINRA. Its up 21.22% from 3.36M shares previously. With 1.93 million avg volume, 2 days are for Dana Holdings Corporation (NYSE:DAN)’s short sellers to cover DAN’s short positions. The SI to Dana Holdings Corporation’s float is 2.84%. About 754,538 shares traded. Dana Inc (NYSE:DAN) has risen 70.12% since June 19, 2016 and is uptrending. It has outperformed by 53.42% the S&P500.

Since March 3, 2017, it had 0 insider purchases, and 8 insider sales for $44.98 million activity. Another trade for 12,700 shares valued at $1.04M was sold by CROOM MARSHALL A. Maltsbarger Richard D also sold $936,115 worth of Lowe’s Companies, Inc. (NYSE:LOW) shares. $290,089 worth of Lowe’s Companies, Inc. (NYSE:LOW) shares were sold by Peace Nelson B. 17,152 shares valued at $1.41 million were sold by DAMRON RICKY D on Saturday, April 1. Shares for $753,162 were sold by Hollifield Matthew V on Friday, March 3. Another trade for 447,000 shares valued at $36.24M was made by NIBLOCK ROBERT A on Monday, March 6. Another trade for 30,638 shares valued at $2.48M was made by Ramsay Paul D on Tuesday, March 7.

Among 20 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Lowe’s Companies Inc. had 35 analyst reports since August 19, 2015 according to SRatingsIntel. On Tuesday, November 24 the stock rating was upgraded by Atlantic Securities to “Overweight”. As per Thursday, December 8, the company rating was maintained by RBC Capital Markets. The rating was reinitiated by Stifel Nicolaus with “Buy” on Tuesday, August 2. Citigroup downgraded the shares of LOW in report on Monday, December 19 to “Neutral” rating. S&P Research maintained the shares of LOW in report on Wednesday, August 19 with “Hold” rating. On Wednesday, October 26 the stock rating was downgraded by JP Morgan to “Neutral”. The firm has “Hold” rating given on Tuesday, May 24 by Topeka Capital Markets. The rating was maintained by Cantor Fitzgerald with “Hold” on Wednesday, August 19. The rating was initiated by Bernstein with “Underperform” on Monday, February 6. The firm earned “Buy” rating on Friday, August 14 by Longbow.

New York State Teachers Retirement System increased Netscout System Inc (NASDAQ:NTCT) stake by 13,300 shares to 119,088 valued at $3.75 million in 2016Q4. It also upped Cousins Properties Inc (NYSE:CUZ) stake by 217,468 shares and now owns 595,483 shares. Brady Corp (NYSE:BRC) was raised too.

Investors sentiment decreased to 0.84 in Q4 2016. Its down 0.09, from 0.93 in 2016Q3. It dropped, as 87 investors sold LOW shares while 444 reduced holdings. 103 funds opened positions while 341 raised stakes. 627.42 million shares or 0.25% less from 629.02 million shares in 2016Q3 were reported. Cap World Investors reported 3.00 million shares stake. Eagle Asset Mgmt, Florida-based fund reported 29,948 shares. Bowling Portfolio reported 0.79% in Lowe’s Companies, Inc. (NYSE:LOW). Zurcher Kantonalbank (Zurich Cantonalbank) has 0.17% invested in Lowe’s Companies, Inc. (NYSE:LOW) for 225,702 shares. Markston Limited Liability Company holds 1.33% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW) for 197,686 shares. Old Comml Bank In holds 0.08% or 20,630 shares in its portfolio. Meiji Yasuda Asset Mngmt Limited has 28,583 shares for 0.23% of their portfolio. Moreover, Huntington Fincl Bank has 0.46% invested in Lowe’s Companies, Inc. (NYSE:LOW) for 353,869 shares. 31,186 are held by Cypress Asset Management Inc Tx. Incline Glob Ltd Limited Liability Company reported 541,122 shares or 5.38% of all its holdings. First Allied Advisory Service Inc reported 14,317 shares stake. Nicholas Com Inc Wi invested 0.62% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW). Endowment Mngmt Lp reported 5,060 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.4% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW) for 440,406 shares. New York-based Ibm Retirement Fund has invested 0.27% in Lowe’s Companies, Inc. (NYSE:LOW).

Among 4 analysts covering Dana Holding Corp (NYSE:DAN), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Dana Holding Corp had 20 analyst reports since September 28, 2015 according to SRatingsIntel. The stock has “Outperform” rating by FBR Capital on Friday, February 19. The stock of Dana Inc (NYSE:DAN) has “Buy” rating given on Thursday, June 1 by RBC Capital Markets. FBR Capital maintained the shares of DAN in report on Friday, October 23 with “Outperform” rating. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, December 20. The rating was maintained by Deutsche Bank on Friday, October 23 with “Hold”. The stock of Dana Inc (NYSE:DAN) earned “Buy” rating by Deutsche Bank on Thursday, December 1. The firm has “Sector Perform” rating given on Friday, July 22 by RBC Capital Markets. The stock of Dana Inc (NYSE:DAN) has “Equal Weight” rating given on Friday, October 23 by Barclays Capital. The firm earned “Equalweight” rating on Monday, January 25 by Barclays Capital. The firm earned “Overweight” rating on Friday, September 16 by Barclays Capital.

Dana Incorporated, formerly Dana Holding Corporation, is a global well-known provider of technology driveline, sealing and thermal-management products. The company has market cap of $3.14 billion. The Firm operates in four divisions: Light Vehicle Driveline Technologies , Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. It has a 4.79 P/E ratio. It has activities in North America, South America, Europe and Asia pacific.

Since January 18, 2017, it had 0 insider buys, and 5 selling transactions for $2.28 million activity. Shares for $203,506 were sold by Filcek Rodney R. SCHULZ MARK A also sold $135,465 worth of Dana Inc (NYSE:DAN) shares. Wallace Mark E had sold 83,984 shares worth $1.65 million. Levin Marc S sold 8,000 shares worth $157,006. Matthews Dwayne sold 6,667 shares worth $134,202.

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