Westmoreland Coal Co Common (WLB) Holder Stonehill Capital Management Has Lifted Its Holding by $380,536 as Stock Price Declined; Egerton Capital Uk Llp Lifted Position in Praxair (PX)

February 21, 2018 - By Linda Rogers

John Armitage increased its stake in Praxair Inc (PX) by 24.01% based on its latest 2017Q3 regulatory filing with the SEC. Egerton Capital Uk Llp bought 655,456 shares as the company’s stock rose 10.06% with the market. The hedge fund run by John Armitage held 3.38M shares of the basic industries company at the end of 2017Q3, valued at $473.02M, up from 2.73 million at the end of the previous reported quarter. Egerton Capital Uk Llp who had been investing in Praxair Inc for a number of months, seems to be bullish on the $44.37B market cap company. The stock increased 0.90% or $1.39 during the last trading session, reaching $154.99. About 652,183 shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since February 21, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Stonehill Capital Management Llc increased its stake in Westmoreland Coal Co Common (WLB) by 96.97% based on its latest 2017Q3 regulatory filing with the SEC. Stonehill Capital Management Llc bought 190,268 shares as the company’s stock declined 58.89% while stock markets rallied. The hedge fund held 386,481 shares of the coal mining company at the end of 2017Q3, valued at $986,000, up from 196,213 at the end of the previous reported quarter. Stonehill Capital Management Llc who had been investing in Westmoreland Coal Co Common for a number of months, seems to be bullish on the $11.06 million market cap company. The stock decreased 3.63% or $0.02 during the last trading session, reaching $0.59. About 195,289 shares traded. Westmoreland Coal Company (NASDAQ:WLB) has declined 0.28% since February 21, 2017 and is downtrending. It has underperformed by 16.98% the S&P500.

Among 23 analysts covering Praxair (NYSE:PX), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Praxair had 51 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Positive” rating by Susquehanna given on Thursday, September 7. The rating was upgraded by Bank of America to “Neutral” on Saturday, January 7. Seaport Global maintained Praxair, Inc. (NYSE:PX) on Wednesday, January 31 with “Hold” rating. The firm has “Underperform” rating given on Friday, January 22 by Bank of America. SunTrust maintained Praxair, Inc. (NYSE:PX) rating on Thursday, January 25. SunTrust has “Buy” rating and $185.0 target. The firm has “Buy” rating given on Monday, November 13 by Argus Research. The rating was maintained by Barclays Capital on Friday, October 27 with “Equal-Weight”. The rating was maintained by CLSA with “Outperform” on Tuesday, August 2. The firm has “Neutral” rating given on Wednesday, October 7 by Susquehanna. The firm has “Hold” rating by Deutsche Bank given on Friday, June 2.

Egerton Capital Uk Llp, which manages about $14.07 billion and $11.18B US Long portfolio, decreased its stake in Edwards Lifesciences Corp (NYSE:EW) by 502,110 shares to 1.34M shares, valued at $146.47 million in 2017Q3, according to the filing. It also reduced its holding in Schwab Charles Corp New (NYSE:SCHW) by 52,755 shares in the quarter, leaving it with 10.67 million shares, and cut its stake in Mastercard Incorporated (NYSE:MA).

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.18, from 0.9 in 2017Q2. It improved, as 39 investors sold PX shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Pointstate Capital Limited Partnership stated it has 0.57% in Praxair, Inc. (NYSE:PX). Korea Invest accumulated 107,149 shares. Kings Point Cap owns 200 shares. Tnb Fincl accumulated 4,077 shares. Scotia Cap accumulated 4,340 shares or 0.01% of the stock. Natl Planning holds 1,423 shares or 0.04% of its portfolio. Shelter Ins Retirement Plan holds 20,400 shares or 1.33% of its portfolio. Connors Investor Ser Incorporated owns 67,583 shares. Mairs & reported 0% of its portfolio in Praxair, Inc. (NYSE:PX). Wendell David Incorporated has invested 0.22% in Praxair, Inc. (NYSE:PX). Baldwin Brothers Ma owns 2,955 shares for 0.07% of their portfolio. Tctc Hldg Ltd Llc has invested 1.26% of its portfolio in Praxair, Inc. (NYSE:PX). Mason Street Advisors Ltd Liability Com holds 0.14% or 39,711 shares in its portfolio. First Allied Advisory Svcs accumulated 3,457 shares. Conestoga Advsr Limited Company holds 0.02% or 2,895 shares.

Investors sentiment decreased to 0.61 in 2017 Q3. Its down 0.35, from 0.96 in 2017Q2. It turned negative, as 23 investors sold WLB shares while 26 reduced holdings. 9 funds opened positions while 21 raised stakes. 11.85 million shares or 16.62% less from 14.21 million shares in 2017Q2 were reported. 44,316 were reported by Tudor Investment Et Al. Parametric Assocs Ltd Co reported 72,021 shares. The New York-based Alliancebernstein Lp has invested 0% in Westmoreland Coal Company (NASDAQ:WLB). Bogle Inv Mgmt LP De holds 0.04% or 204,016 shares in its portfolio. Jpmorgan Chase & holds 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB) for 5,660 shares. Renaissance Tech Lc reported 740,700 shares or 0% of all its holdings. Ameritas Partners holds 0% in Westmoreland Coal Company (NASDAQ:WLB) or 1,194 shares. Morgan Stanley holds 244,886 shares or 0% of its portfolio. 103,123 are owned by D E Shaw And Company. 334,645 were accumulated by Dimensional Fund Advsr Ltd Partnership. Numeric Investors Ltd Company owns 57,026 shares. Royal Bancorporation Of Canada reported 2,015 shares stake. Wellington Mgmt Grp Llp stated it has 39,830 shares or 0% of all its holdings. Massachusetts-based State Street Corporation has invested 0% in Westmoreland Coal Company (NASDAQ:WLB). Wells Fargo Communication Mn has 0% invested in Westmoreland Coal Company (NASDAQ:WLB).

Among 4 analysts covering Westmoreland Coal (NASDAQ:WLB), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Westmoreland Coal had 12 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, November 23 by FBR Capital. As per Tuesday, February 9, the company rating was downgraded by ForwardView Consulting. FBR Capital maintained Westmoreland Coal Company (NASDAQ:WLB) rating on Wednesday, November 9. FBR Capital has “Outperform” rating and $16 target. FBR Capital maintained the stock with “Buy” rating in Friday, June 23 report. The firm has “Outperform” rating by FBR Capital given on Thursday, October 13. BMO Capital Markets downgraded the shares of WLB in report on Thursday, August 3 to “Market Perform” rating. The firm has “Outperform” rating by FBR Capital given on Friday, September 18. The stock has “Outperform” rating by FBR Capital on Monday, November 16. Seaport Global Securities initiated Westmoreland Coal Company (NASDAQ:WLB) on Friday, November 4 with “Buy” rating. On Friday, September 4 the stock rating was initiated by BMO Capital Markets with “Outperform”.

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