Country Club Trust Company Holding in Merck & Co (MRK) Upped by $546,672 as Valuation Declined; Paccar (PCAR) Stock Price Declined While Janney Montgomery Scott Has Cut Stake by $306,649

April 25, 2018 - By Richard Conner

PACCAR Inc (NASDAQ:PCAR) Logo

Country Club Trust Company increased its stake in Merck & Co Inc (MRK) by 7.22% based on its latest 2017Q4 regulatory filing with the SEC. Country Club Trust Company bought 9,762 shares as the company’s stock declined 4.63% with the market. The institutional investor held 144,936 shares of the health care company at the end of 2017Q4, valued at $8.16 million, up from 135,174 at the end of the previous reported quarter. Country Club Trust Company who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $160.19 billion market cap company. The stock decreased 1.00% or $0.6 during the last trading session, reaching $59.49. About 6.13 million shares traded. Merck & Co., Inc. (NYSE:MRK) has declined 14.94% since April 25, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

Janney Montgomery Scott Llc decreased its stake in Paccar Inc (PCAR) by 31.03% based on its latest 2017Q4 regulatory filing with the SEC. Janney Montgomery Scott Llc sold 4,319 shares as the company’s stock declined 10.03% with the market. The institutional investor held 9,602 shares of the auto manufacturing company at the end of 2017Q4, valued at $683,000, down from 13,921 at the end of the previous reported quarter. Janney Montgomery Scott Llc who had been investing in Paccar Inc for a number of months, seems to be less bullish one the $22.92B market cap company. The stock increased 0.26% or $0.17 during the last trading session, reaching $65.09. About 2.44M shares traded. PACCAR Inc (NASDAQ:PCAR) has declined 0.61% since April 25, 2017 and is downtrending. It has underperformed by 12.16% the S&P500.

Janney Montgomery Scott Llc, which manages about $15.70 billion and $9.63 billion US Long portfolio, upped its stake in Texas Instruments Inc (NASDAQ:TXN) by 6,614 shares to 117,705 shares, valued at $12.29 million in 2017Q4, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 24,888 shares in the quarter, for a total of 946,233 shares, and has risen its stake in Spdr Sp Mdcp 400 Etf (MDY).

Since October 30, 2017, it had 2 buys, and 2 selling transactions for $1.88 million activity. 570 shares valued at $39,356 were bought by Davila Marco A. on Friday, February 16. Shares for $1,482 were bought by GRANDSTAFF DOUGLAS S on Wednesday, February 7. LeVier Jack K. also sold $1.63M worth of PACCAR Inc (NASDAQ:PCAR) on Monday, October 30.

Among 25 analysts covering Paccar Inc (NASDAQ:PCAR), 10 have Buy rating, 3 Sell and 12 Hold. Therefore 40% are positive. Paccar Inc had 106 analyst reports since July 30, 2015 according to SRatingsIntel. UBS maintained PACCAR Inc (NASDAQ:PCAR) rating on Friday, February 2. UBS has “Buy” rating and $84.0 target. The firm has “Hold” rating given on Tuesday, August 4 by Evercore. The firm has “Underweight” rating by Barclays Capital given on Friday, September 25. As per Wednesday, November 29, the company rating was downgraded by Citigroup. Stifel Nicolaus maintained PACCAR Inc (NASDAQ:PCAR) on Tuesday, January 30 with “Hold” rating. As per Friday, December 9, the company rating was upgraded by JP Morgan. The firm has “Buy” rating by Bank of America given on Monday, May 9. RBC Capital Markets maintained the shares of PCAR in report on Monday, October 2 with “Buy” rating. The firm has “Neutral” rating by Citigroup given on Monday, January 25. The firm earned “Hold” rating on Friday, December 8 by Piper Jaffray.

Investors sentiment increased to 1.4 in Q4 2017. Its up 0.34, from 1.06 in 2017Q3. It is positive, as 24 investors sold PCAR shares while 142 reduced holdings. 71 funds opened positions while 161 raised stakes. 214.70 million shares or 0.34% more from 213.97 million shares in 2017Q3 were reported. Oregon-based Thompson Rubinstein Mgmt Or has invested 6.62% in PACCAR Inc (NASDAQ:PCAR). Northcoast Asset Mgmt Ltd Liability invested 2.54% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Panagora Asset Mgmt has 0.01% invested in PACCAR Inc (NASDAQ:PCAR) for 21,241 shares. Legal And General Public Limited owns 1.74 million shares for 0.09% of their portfolio. Profund Advisors Ltd Liability Company accumulated 29,905 shares or 0.08% of the stock. Voloridge Invest Mgmt Ltd Liability holds 0.02% or 14,178 shares in its portfolio. Davis Selected Advisers invested in 3,167 shares or 0% of the stock. Oppenheimer Inc owns 3,874 shares for 0.01% of their portfolio. Manchester Limited Liability Co holds 1,634 shares. Harbour Invest Mgmt Ltd Liability holds 49,954 shares or 2.5% of its portfolio. Lmr Prtn Llp reported 0.02% stake. Dekabank Deutsche Girozentrale holds 32,330 shares or 0.02% of its portfolio. Clifford Swan Investment Counsel Llc has 0.02% invested in PACCAR Inc (NASDAQ:PCAR). Fiduciary Tru Communication owns 3,745 shares for 0.01% of their portfolio. State Of Alaska Department Of Revenue reported 0.06% of its portfolio in PACCAR Inc (NASDAQ:PCAR).

Country Club Trust Company, which manages about $740.18M US Long portfolio, decreased its stake in United Technologies Corp (NYSE:UTX) by 4,471 shares to 62,208 shares, valued at $7.94 million in 2017Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 7,903 shares in the quarter, leaving it with 216,912 shares, and cut its stake in Jacobs Engr Group Inc Del (NYSE:JEC).

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Merck & Co. Inc. had 89 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Monday, October 30 by UBS. The company was maintained on Tuesday, November 17 by Argus Research. On Thursday, January 12 the stock rating was upgraded by Piper Jaffray to “Overweight”. The firm earned “Buy” rating on Monday, March 12 by Leerink Swann. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Sell” rating by Jefferies on Friday, October 20. The firm earned “Hold” rating on Friday, March 23 by Jefferies. The stock of Merck & Co., Inc. (NYSE:MRK) has “Hold” rating given on Tuesday, June 14 by Jefferies. BMO Capital Markets maintained it with “Buy” rating and $7400 target in Wednesday, July 19 report. The rating was maintained by UBS on Monday, July 31 with “Buy”. The stock of Merck & Co., Inc. (NYSE:MRK) has “Outperform” rating given on Thursday, October 12 by BMO Capital Markets.

Investors sentiment decreased to 0.94 in 2017 Q4. Its down 0.12, from 1.06 in 2017Q3. It dropped, as 94 investors sold MRK shares while 631 reduced holdings. 123 funds opened positions while 558 raised stakes. 1.93 billion shares or 1.34% less from 1.96 billion shares in 2017Q3 were reported. Kidder Stephen W reported 12,385 shares or 0.25% of all its holdings. Staley Cap Advisers holds 7,494 shares. Putnam Fl Invest Management Company reported 0.16% stake. Exxonmobil Inv Management Inc Tx holds 0.67% or 434,903 shares in its portfolio. New York State Common Retirement Fund, New York-based fund reported 8.22M shares. Security Trust reported 28,435 shares. Cap Planning Advisors Ltd Liability Corp reported 3,820 shares. The Massachusetts-based Congress Asset Mngmt Company Ma has invested 0.08% in Merck & Co., Inc. (NYSE:MRK). Los Angeles Capital And Equity Inc holds 0.45% or 1.45M shares in its portfolio. Gateway Investment Advisers Ltd Co invested 0.71% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 990,044 shares. Reilly Financial Advisors Limited Co holds 0.04% or 4,835 shares. San Francisco Sentry Invest Grp (Ca) invested 0.41% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Sonata Cap Gp Inc reported 0.52% stake. Sii Investments Wi holds 0.05% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 8,224 shares.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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