Ametek New (AME) Shareholder Southeast Asset Advisors Boosted Position; Splunk (SPLK) Valuation Rose While Quantbot Technologies LP Trimmed Stake by $1.18 Million

November 14, 2017 - By Dolores Ford

Southeast Asset Advisors Inc increased its stake in Ametek Inc New (AME) by 176.35% based on its latest 2017Q2 regulatory filing with the SEC. Southeast Asset Advisors Inc bought 14,990 shares as the company’s stock rose 10.20% with the market. The institutional investor held 23,490 shares of the consumer durables company at the end of 2017Q2, valued at $1.42 million, up from 8,500 at the end of the previous reported quarter. Southeast Asset Advisors Inc who had been investing in Ametek Inc New for a number of months, seems to be bullish on the $16.03B market cap company. The stock rose 0.66% or $0.45 reaching $69.34 per share. About 1.10 million shares traded. AMETEK, Inc. (NYSE:AME) has risen 27.71% since November 14, 2016 and is uptrending. It has outperformed by 11.01% the S&P500.

Quantbot Technologies Lp decreased its stake in Splunk Inc (SPLK) by 89.17% based on its latest 2017Q2 regulatory filing with the SEC. Quantbot Technologies Lp sold 21,158 shares as the company’s stock rose 2.42% with the market. The hedge fund held 2,569 shares of the prepackaged software company at the end of 2017Q2, valued at $146,000, down from 23,727 at the end of the previous reported quarter. Quantbot Technologies Lp who had been investing in Splunk Inc for a number of months, seems to be less bullish one the $9.53 billion market cap company. The stock rose 0.51% or $0.35 reaching $68.08. About 1.32M shares traded. Splunk Inc (NASDAQ:SPLK) has risen 30.53% since November 14, 2016 and is uptrending. It has outperformed by 13.83% the S&P500.

Analysts await Splunk Inc (NASDAQ:SPLK) to report earnings on November, 16 after the close. They expect $-0.42 earnings per share, up 37.31% or $0.25 from last year’s $-0.67 per share. After $-0.58 actual earnings per share reported by Splunk Inc for the previous quarter, Wall Street now forecasts -27.59% EPS growth.

Investors sentiment increased to 1.06 in Q2 2017. Its up 0.09, from 0.97 in 2017Q1. It increased, as 40 investors sold SPLK shares while 92 reduced holdings. 40 funds opened positions while 100 raised stakes. 138.32 million shares or 0.19% less from 138.59 million shares in 2017Q1 were reported. 8.98 million are held by Jennison Associates Ltd Liability Corporation. Alliancebernstein Limited Partnership holds 0.05% or 1.16M shares in its portfolio. Daiwa Secs Gp Incorporated reported 98,077 shares stake. Pnc Services Group stated it has 62,557 shares or 0% of all its holdings. Paloma Ptnrs accumulated 36,440 shares. Bank Of Montreal Can reported 0% stake. Thornburg Invest Mngmt invested in 143,109 shares. Bank Of Mellon owns 3.94M shares. Reliance Tru Of Delaware holds 0.08% in Splunk Inc (NASDAQ:SPLK) or 8,894 shares. Piermont Cap Mngmt Incorporated holds 0.18% or 11,250 shares in its portfolio. Sumitomo Mitsui Tru Inc accumulated 503,191 shares. Citadel Advsr Ltd Liability Corp stated it has 403,411 shares. Bnp Paribas Arbitrage owns 0% invested in Splunk Inc (NASDAQ:SPLK) for 27,726 shares. Avalon Asset Management Llc holds 2.01% in Splunk Inc (NASDAQ:SPLK) or 63,420 shares. Public Employees Retirement Association Of Colorado reported 138,902 shares stake.

Since May 30, 2017, it had 0 insider buys, and 6 insider sales for $8.63 million activity. On Wednesday, June 7 SULLIVAN GODFREY sold $261,672 worth of Splunk Inc (NASDAQ:SPLK) or 4,236 shares. $18,599 worth of Splunk Inc (NASDAQ:SPLK) shares were sold by CONTE DAVID F. $587,351 worth of Splunk Inc (NASDAQ:SPLK) was sold by Merritt Douglas.

Another recent and important Splunk Inc (NASDAQ:SPLK) news was published by Zacks.com which published an article titled: “Splunk (SPLK) to Report Q3 Earnings: What’s in the Cards?” on November 14, 2017.

Quantbot Technologies Lp, which manages about $581.51 million and $1.06B US Long portfolio, upped its stake in Skyworks Solutions Inc (NASDAQ:SWKS) by 59,965 shares to 60,640 shares, valued at $5.82M in 2017Q2, according to the filing. It also increased its holding in Prestige Brands Holdings Inc (NYSE:PBH) by 24,892 shares in the quarter, for a total of 27,778 shares, and has risen its stake in Interdigital Inc (NASDAQ:IDCC).

Among 39 analysts covering Splunk Inc (NASDAQ:SPLK), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Splunk Inc had 123 analyst reports since August 24, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the stock with “Buy” rating in Monday, August 31 report. As per Friday, October 14, the company rating was reinitiated by JP Morgan. Canaccord Genuity maintained Splunk Inc (NASDAQ:SPLK) rating on Friday, May 27. Canaccord Genuity has “Buy” rating and $65 target. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, May 27 report. The rating was upgraded by Susquehanna to “Positive” on Friday, August 25. Wedbush maintained Splunk Inc (NASDAQ:SPLK) on Friday, August 19 with “Outperform” rating. Jefferies maintained Splunk Inc (NASDAQ:SPLK) on Tuesday, September 26 with “Buy” rating. On Friday, December 11 the stock rating was initiated by Goldman Sachs with “Neutral”. As per Tuesday, July 11, the company rating was maintained by Canaccord Genuity. As per Wednesday, October 12, the company rating was maintained by Citigroup.

Investors sentiment increased to 0.99 in 2017 Q2. Its up 0.02, from 0.97 in 2017Q1. It is positive, as 27 investors sold AME shares while 167 reduced holdings. 63 funds opened positions while 129 raised stakes. 196.23 million shares or 3.91% less from 204.21 million shares in 2017Q1 were reported. Td Asset owns 328,712 shares. Whittier Tru has invested 0% in AMETEK, Inc. (NYSE:AME). Ativo Cap Mgmt Limited Liability Corp has 0.37% invested in AMETEK, Inc. (NYSE:AME) for 22,600 shares. Kornitzer Inc Ks holds 0.1% or 90,315 shares. Ahl Prtn Limited Liability Partnership invested 0.05% of its portfolio in AMETEK, Inc. (NYSE:AME). Burney reported 0.08% stake. Acadian Asset Management Limited Liability Corp holds 1,190 shares or 0% of its portfolio. Captrust Financial holds 0% or 618 shares. Comerica State Bank invested in 55,441 shares or 0.03% of the stock. Commonwealth Bank & Trust Of Australia has 0% invested in AMETEK, Inc. (NYSE:AME) for 1,747 shares. Stephens Ar holds 0.01% or 6,222 shares in its portfolio. Gotham Asset Management Limited Liability has invested 0.47% in AMETEK, Inc. (NYSE:AME). Monetary Group holds 0.04% or 1,450 shares in its portfolio. Gofen & Glossberg Il has 18,897 shares for 0.04% of their portfolio. Northern Trust Corp reported 2.52 million shares stake.

Since May 19, 2017, it had 0 buys, and 4 insider sales for $3.17 million activity. $2.48 million worth of AMETEK, Inc. (NYSE:AME) was sold by Jones Timothy N. 5,315 AMETEK, Inc. (NYSE:AME) shares with value of $319,166 were sold by Oscher Ronald J.

Among 12 analysts covering AMETEK (NYSE:AME), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. AMETEK had 47 analyst reports since August 5, 2015 according to SRatingsIntel. On Wednesday, October 28 the stock rating was maintained by RBC Capital Markets with “Outperform”. As per Friday, April 29, the company rating was downgraded by Robert W. Baird. RBC Capital Markets maintained AMETEK, Inc. (NYSE:AME) rating on Wednesday, November 2. RBC Capital Markets has “Outperform” rating and $57 target. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, September 15. The stock has “Buy” rating by Cowen & Co on Friday, August 11. The firm earned “Buy” rating on Wednesday, October 11 by RBC Capital Markets. As per Friday, November 3, the company rating was maintained by BMO Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, November 2. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, August 5 report. BMO Capital Markets maintained the shares of AME in report on Monday, October 16 with “Buy” rating.

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