Target (TGT) Holder Mutual Of Omaha Bank Wealth Management Has Lifted Its Position; As Sunstone Hotel Invs New Com (SHO) Share Price Rose, Shareholder Assetmark Cut Holding by $8.63 Million

January 17, 2018 - By Adrian Mccoy

Mutual Of Omaha Bank Wealth Management increased its stake in Target Corp (TGT) by 246.47% based on its latest 2017Q3 regulatory filing with the SEC. Mutual Of Omaha Bank Wealth Management bought 12,755 shares as the company’s stock declined 14.90% while stock markets rallied. The institutional investor held 17,930 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $1.06 million, up from 5,175 at the end of the previous reported quarter. Mutual Of Omaha Bank Wealth Management who had been investing in Target Corp for a number of months, seems to be bullish on the $40.75B market cap company. The stock decreased 2.40% or $1.84 during the last trading session, reaching $74.96. About 10.17M shares traded or 31.65% up from the average. Target Corporation (NYSE:TGT) has declined 16.51% since January 17, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Assetmark Inc decreased its stake in Sunstone Hotel Invs Inc New Com (SHO) by 89.09% based on its latest 2017Q3 regulatory filing with the SEC. Assetmark Inc sold 539,091 shares as the company’s stock rose 4.30% with the market. The institutional investor held 66,000 shares of the consumer services company at the end of 2017Q3, valued at $1.06 million, down from 605,091 at the end of the previous reported quarter. Assetmark Inc who had been investing in Sunstone Hotel Invs Inc New Com for a number of months, seems to be less bullish one the $861.58 million market cap company. The stock increased 0.36% or $0.06 during the last trading session, reaching $16.7. About 1.77 million shares traded or 14.97% up from the average. Sunstone Hotel Investors, Inc. (NYSE:SHO) has risen 34.87% since January 17, 2017 and is uptrending. It has outperformed by 18.17% the S&P500.

Among 28 analysts covering Target Corporation (NYSE:TGT), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Target Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Miller Tabak on Friday, July 29. The firm has “Outperform” rating given on Thursday, November 17 by Telsey Advisory Group. The firm has “Hold” rating given on Wednesday, August 26 by BMO Capital Markets. Stifel Nicolaus reinitiated Target Corporation (NYSE:TGT) rating on Friday, January 20. Stifel Nicolaus has “Hold” rating and $72 target. The stock has “Strong-Buy” rating by Vetr on Tuesday, September 8. The firm earned “Neutral” rating on Friday, September 16 by Credit Suisse. Bernstein maintained the shares of TGT in report on Thursday, December 14 with “Buy” rating. Robert W. Baird maintained it with “Hold” rating and $70.0 target in Tuesday, January 2 report. On Friday, August 21 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Gordon Haskett initiated Target Corporation (NYSE:TGT) on Tuesday, May 9 with “Sell” rating.

Mutual Of Omaha Bank Wealth Management, which manages about $276.38 million US Long portfolio, decreased its stake in Pfizer Inc (NYSE:PFE) by 54,910 shares to 69,770 shares, valued at $2.49M in 2017Q3, according to the filing. It also reduced its holding in Mc Donalds (NYSE:MCD) by 5,035 shares in the quarter, leaving it with 8,225 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Since December 14, 2017, it had 0 buys, and 1 sale for $308,267 activity.

Assetmark Inc, which manages about $13.57 billion and $8.79 billion US Long portfolio, upped its stake in Citrix Sys Inc Com (NASDAQ:CTXS) by 207,961 shares to 211,299 shares, valued at $16.23M in 2017Q3, according to the filing. It also increased its holding in Schwab Strategic Tr Us Tips Etf (SCHP) by 65,388 shares in the quarter, for a total of 121,996 shares, and has risen its stake in Discover Finl Svcs Com (NYSE:DFS).

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.32, from 1.26 in 2017Q2. It is positive, as 15 investors sold SHO shares while 54 reduced holdings. 31 funds opened positions while 78 raised stakes. 245.55 million shares or 1.51% more from 241.88 million shares in 2017Q2 were reported. Credit Suisse Ag, a Switzerland-based fund reported 601,963 shares. Morgan Stanley holds 381,131 shares or 0% of its portfolio. Millennium Mngmt Lc reported 0.05% of its portfolio in Sunstone Hotel Investors, Inc. (NYSE:SHO). Utah Retirement Systems has 0% invested in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 13,486 shares. Kbc Grp Nv holds 0% or 1,198 shares in its portfolio. Martingale Asset LP reported 144,440 shares. Peak6 Investments LP has 1,974 shares. Verition Fund Ltd Liability Corporation holds 0.02% of its portfolio in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 12,308 shares. Susquehanna International Gp Llp holds 0% of its portfolio in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 211,125 shares. 1.22 million were accumulated by Goldman Sachs Gru. Principal Finance Gp owns 0.2% invested in Sunstone Hotel Investors, Inc. (NYSE:SHO) for 12.83 million shares. Nebraska-based Ameritas Inv Partners Inc has invested 0.01% in Sunstone Hotel Investors, Inc. (NYSE:SHO). Amalgamated Bancorp reported 0.01% in Sunstone Hotel Investors, Inc. (NYSE:SHO). Canada Pension Plan Investment Board stated it has 61,666 shares or 0% of all its holdings. Bnp Paribas Arbitrage has 252,945 shares.

Among 18 analysts covering Sunstone Hotel Investors Inc (NYSE:SHO), 3 have Buy rating, 3 Sell and 12 Hold. Therefore 17% are positive. Sunstone Hotel Investors Inc had 41 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird downgraded the shares of SHO in report on Wednesday, January 11 to “Neutral” rating. The firm has “Mkt Perform” rating given on Wednesday, January 4 by FBR Capital. The company was maintained on Wednesday, February 24 by Canaccord Genuity. On Tuesday, August 1 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by Robert W. Baird on Friday, January 12 with “Hold”. Wells Fargo downgraded Sunstone Hotel Investors, Inc. (NYSE:SHO) on Tuesday, December 19 to “Market Perform” rating. The rating was downgraded by Morgan Stanley on Monday, September 26 to “Underweight”. Canaccord Genuity upgraded Sunstone Hotel Investors, Inc. (NYSE:SHO) on Friday, July 15 to “Buy” rating. Robert W. Baird maintained Sunstone Hotel Investors, Inc. (NYSE:SHO) on Monday, October 23 with “Hold” rating. Evercore maintained the shares of SHO in report on Monday, September 7 with “Hold” rating.

Analysts await Sunstone Hotel Investors, Inc. (NYSE:SHO) to report earnings on February, 20. They expect $0.25 earnings per share, down 13.79% or $0.04 from last year’s $0.29 per share. SHO’s profit will be $12.90M for 16.70 P/E if the $0.25 EPS becomes a reality. After $0.31 actual earnings per share reported by Sunstone Hotel Investors, Inc. for the previous quarter, Wall Street now forecasts -19.35% negative EPS growth.

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