Granite Investment Partners Has Trimmed Thermo Fisher Scientific (TMO) Stake By $1.41 Million; Strategic Global Advisors Decreased Everest Re Group LTD (RE) Stake

November 14, 2017 - By Richard Conner

Strategic Global Advisors Llc decreased Everest Re Group Ltd (RE) stake by 11.35% reported in 2017Q2 SEC filing. Strategic Global Advisors Llc sold 1,310 shares as Everest Re Group Ltd (RE)’s stock rose 3.75%. The Strategic Global Advisors Llc holds 10,229 shares with $2.60M value, down from 11,539 last quarter. Everest Re Group Ltd now has $9.29B valuation. The stock decreased 1.07% or $2.44 during the last trading session, reaching $226.13. About 395,101 shares traded. Everest Re Group Ltd (NYSE:RE) has risen 35.61% since November 14, 2016 and is uptrending. It has outperformed by 18.91% the S&P500.

Granite Investment Partners Llc decreased Thermo Fisher Scientific Inc (TMO) stake by 9.24% reported in 2017Q2 SEC filing. Granite Investment Partners Llc sold 8,093 shares as Thermo Fisher Scientific Inc (TMO)’s stock rose 8.13%. The Granite Investment Partners Llc holds 79,462 shares with $13.86 million value, down from 87,555 last quarter. Thermo Fisher Scientific Inc now has $75.42B valuation. The stock increased 0.46% or $0.87 during the last trading session, reaching $189.08. About 1.42 million shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since November 14, 2016 and is uptrending. It has underperformed by 1.13% the S&P500.

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on January, 30. They expect $2.67 EPS, up 10.79% or $0.26 from last year’s $2.41 per share. TMO’s profit will be $1.07 billion for 17.70 P/E if the $2.67 EPS becomes a reality. After $2.31 actual EPS reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 15.58% EPS growth.

Since May 24, 2017, it had 0 insider purchases, and 3 sales for $4.70 million activity. Shine Daniel P sold $805,750 worth of stock or 4,688 shares. 2,500 Thermo Fisher Scientific Inc. (NYSE:TMO) shares with value of $440,650 were sold by Williamson Stephen. On Thursday, June 1 CASPER MARC N sold $3.46M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) or 20,000 shares.

Among 17 analysts covering Thermo Fisher Scientific (NYSE:TMO), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 50 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Thursday, March 30. Jefferies has “Hold” rating and $160 target. The rating was maintained by Leerink Swann with “Buy” on Friday, April 28. On Tuesday, December 8 the stock rating was upgraded by Goldman Sachs to “Americas Conviction Buy List”. The firm earned “Buy” rating on Friday, July 22 by BTIG Research. The rating was maintained by Jefferies with “Hold” on Friday, October 20. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 2 report. Jefferies downgraded the stock to “Hold” rating in Friday, April 29 report. The stock has “Buy” rating by Deutsche Bank on Thursday, October 26. The company was initiated on Thursday, September 22 by JP Morgan. The company was maintained on Monday, January 11 by Stifel Nicolaus.

Granite Investment Partners Llc increased Paycom Software Inc (NYSE:PAYC) stake by 5,184 shares to 209,117 valued at $14.31 million in 2017Q2. It also upped Inter Parfums Inc (NASDAQ:IPAR) stake by 10,153 shares and now owns 291,971 shares. New York Times Co (NYSE:NYT) was raised too.

Investors sentiment decreased to 0.91 in Q2 2017. Its down 0.04, from 0.95 in 2017Q1. It worsened, as 43 investors sold TMO shares while 415 reduced holdings. 99 funds opened positions while 316 raised stakes. 323.23 million shares or 1.69% less from 328.77 million shares in 2017Q1 were reported. Bnp Paribas Arbitrage Sa has 179,058 shares. Btr Capital Mngmt reported 68,572 shares stake. Waldron Limited Partnership invested 0.1% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Stone Run Ltd Llc reported 24,120 shares. Fiera reported 133,548 shares. Clifford Swan Investment Counsel Limited Liability Com holds 0.02% or 2,091 shares. Cornerstone Advisors holds 0.02% or 178 shares in its portfolio. Bright Rock Capital Mngmt Ltd Liability Com holds 2.16% or 42,000 shares. Swiss Retail Bank, Switzerland-based fund reported 1.44 million shares. Middleton Ma has 3,839 shares. Northwest Invest Counselors Ltd Liability Corporation owns 44 shares. American Bancorp owns 0% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 55 shares. Fca Corporation Tx holds 0.15% or 2,000 shares. Bank Of Ny Mellon has 0.17% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). 111,069 were accumulated by Grand Jean.

Analysts await Everest Re Group Ltd (NYSE:RE) to report earnings on February, 5. They expect $5.93 earnings per share, down 32.84% or $2.90 from last year’s $8.83 per share. RE’s profit will be $243.62M for 9.53 P/E if the $5.93 EPS becomes a reality. After $-16.43 actual earnings per share reported by Everest Re Group Ltd for the previous quarter, Wall Street now forecasts -136.09% EPS growth.

Among 8 analysts covering Everest Re Group Ltd (NYSE:RE), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Everest Re Group Ltd had 20 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Everest Re Group Ltd (NYSE:RE) has “Neutral” rating given on Monday, November 6 by UBS. On Thursday, May 12 the stock rating was maintained by Deutsche Bank with “Buy”. As per Monday, September 11, the company rating was initiated by Buckingham Research. Keefe Bruyette & Woods maintained the stock with “Sell” rating in Thursday, October 12 report. Keefe Bruyette & Woods downgraded Everest Re Group Ltd (NYSE:RE) rating on Monday, July 17. Keefe Bruyette & Woods has “Sell” rating and $24500 target. On Thursday, August 17 the stock rating was maintained by Keefe Bruyette & Woods with “Sell”. The stock has “Underperform” rating by Macquarie Research on Tuesday, January 17. On Monday, September 18 the stock rating was maintained by Keefe Bruyette & Woods with “Sell”. As per Monday, July 24, the company rating was maintained by Wells Fargo. As per Tuesday, November 15, the company rating was upgraded by Goldman Sachs.

Strategic Global Advisors Llc increased Aspen Technology Inc (NASDAQ:AZPN) stake by 8,952 shares to 13,473 valued at $745,000 in 2017Q2. It also upped Sk Telecom Ltd (NYSE:SKM) stake by 30,368 shares and now owns 47,578 shares. Ishares Tr (EFA) was raised too.

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