Ptc (PTC) Shareholder Essex Investment Management Co Has Trimmed Its Holding; Trimble (TRMB) Share Price Declined While Andra Ap-Fonden Decreased Position by $736,000

April 19, 2018 - By Michael Collier

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Essex Investment Management Co Llc decreased its stake in Ptc Inc (PTC) by 20.3% based on its latest 2017Q4 regulatory filing with the SEC. Essex Investment Management Co Llc sold 19,024 shares as the company’s stock rose 31.32% while stock markets declined. The hedge fund held 74,669 shares of the prepackaged software company at the end of 2017Q4, valued at $4.54M, down from 93,693 at the end of the previous reported quarter. Essex Investment Management Co Llc who had been investing in Ptc Inc for a number of months, seems to be less bullish one the $9.82 billion market cap company. The stock increased 1.08% or $0.9 during the last trading session, reaching $84.46. About 626,086 shares traded. PTC Inc. (NASDAQ:PTC) has risen 49.73% since April 19, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Andra Ap-Fonden decreased its stake in Trimble Inc (TRMB) by 24.15% based on its latest 2017Q4 regulatory filing with the SEC. Andra Ap-Fonden sold 18,400 shares as the company’s stock declined 13.68% with the market. The institutional investor held 57,800 shares of the industrial machinery and components company at the end of 2017Q4, valued at $2.35M, down from 76,200 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Trimble Inc for a number of months, seems to be less bullish one the $9.18B market cap company. The stock decreased 1.10% or $0.41 during the last trading session, reaching $36.93. About 71,911 shares traded. Trimble Inc. (NASDAQ:TRMB) has risen 11.55% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Since February 13, 2018, it had 0 buys, and 6 sales for $10.91 million activity. MATTHEWS DARRYL R sold $197,484 worth of Trimble Inc. (NASDAQ:TRMB) on Tuesday, April 10. 200,000 shares were sold by BERGLUND STEVEN W, worth $7.93M on Wednesday, February 14. $277,840 worth of Trimble Inc. (NASDAQ:TRMB) was sold by PAINTER ROBERT G. Another trade for 50,000 shares valued at $1.90 million was sold by JOHANSSON ULF J.

Investors sentiment is 1.18 in 2017 Q4. Its the same as in 2017Q3. It is the same, as 20 investors sold TRMB shares while 129 reduced holdings. only 45 funds opened positions while 131 raised stakes. 216.30 million shares or 2.27% less from 221.33 million shares in 2017Q3 were reported. Cubist Systematic Strategies Ltd Com stated it has 0.05% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Virginia Retirement Sys Et Al has invested 0.02% in Trimble Inc. (NASDAQ:TRMB). Impax Asset Mgmt accumulated 3.09M shares. Barometer Capital Management stated it has 0.41% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Thrivent Financial For Lutherans has 0.02% invested in Trimble Inc. (NASDAQ:TRMB). Commonwealth Comml Bank Of Australia holds 0% in Trimble Inc. (NASDAQ:TRMB) or 373 shares. 27,710 were accumulated by Thomas Story Son Limited Co. Cipher Capital LP reported 41,075 shares or 0.13% of all its holdings. California Employees Retirement System invested in 0.03% or 613,361 shares. D E Shaw And has invested 0.16% in Trimble Inc. (NASDAQ:TRMB). Howe & Rusling stated it has 3,544 shares. Gulf Intll Comml Bank (Uk) accumulated 78,178 shares. 15,740 are held by Westpac. Tirschwell And Loewy Inc holds 1.27% in Trimble Inc. (NASDAQ:TRMB) or 221,855 shares. Citadel Ltd has 0.01% invested in Trimble Inc. (NASDAQ:TRMB) for 210,531 shares.

Analysts await Trimble Inc. (NASDAQ:TRMB) to report earnings on April, 26. They expect $0.34 EPS, up 17.24% or $0.05 from last year’s $0.29 per share. TRMB’s profit will be $84.53 million for 27.15 P/E if the $0.34 EPS becomes a reality. After $0.33 actual EPS reported by Trimble Inc. for the previous quarter, Wall Street now forecasts 3.03% EPS growth.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. Trimble Navigation Limited had 39 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Buy” rating by Dougherty & Company on Friday, November 4. The stock has “Neutral” rating by Goldman Sachs on Friday, November 20. As per Wednesday, December 2, the company rating was initiated by Wedbush. The rating was downgraded by Dougherty & Company on Monday, January 30 to “Neutral”. Wedbush maintained Trimble Inc. (NASDAQ:TRMB) on Friday, June 24 with “Outperform” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, August 17. Craig Hallum maintained Trimble Inc. (NASDAQ:TRMB) on Wednesday, August 5 with “Hold” rating. M Partners downgraded the stock to “Neutral” rating in Wednesday, August 5 report. The rating was maintained by Oppenheimer with “Buy” on Friday, February 9. The firm has “Buy” rating given on Monday, July 24 by Piper Jaffray.

Andra Ap-Fonden, which manages about $4.40B US Long portfolio, upped its stake in Eqt Corp (NYSE:EQT) by 7,020 shares to 32,420 shares, valued at $1.85M in 2017Q4, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 14,617 shares in the quarter, for a total of 434,091 shares, and has risen its stake in Chevron Corp New (NYSE:CVX).

Among 17 analysts covering PTC (NASDAQ:PTC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. PTC had 52 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 18 by Seaport Global. The rating was maintained by Robert W. Baird with “Buy” on Thursday, August 31. The rating was initiated by Sterne Agee CRT on Wednesday, September 9 with “Neutral”. The firm has “Buy” rating given on Wednesday, July 19 by Evercore. The company was maintained on Sunday, October 8 by RBC Capital Markets. The firm has “Outperform” rating given on Wednesday, November 9 by RBC Capital Markets. The rating was initiated by KeyBanc Capital Markets on Thursday, October 8 with “Overweight”. As per Wednesday, January 17, the company rating was maintained by KeyBanc Capital Markets. On Friday, October 6 the stock rating was maintained by Robert W. Baird with “Buy”. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets.

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