As Lowes Companies (LOW) Stock Price Rose, Holder Colony Group Has Cut Its Stake; Nikko Asset Management Americas Has Decreased Stake in General Mills (GIS) as Stock Value Declined

January 18, 2018 - By Ellis Scott

Colony Group Llc decreased its stake in Lowes Companies (LOW) by 1.94% based on its latest 2017Q3 regulatory filing with the SEC. Colony Group Llc sold 4,154 shares as the company’s stock rose 10.23% with the market. The hedge fund held 209,779 shares of the consumer services company at the end of 2017Q3, valued at $16.77M, down from 213,933 at the end of the previous reported quarter. Colony Group Llc who had been investing in Lowes Companies for a number of months, seems to be less bullish one the $84.32 billion market cap company. The stock decreased 0.06% or $0.06 during the last trading session, reaching $101.62. About 3.71 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since January 18, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Nikko Asset Management Americas Inc decreased its stake in General Mills Inc (GIS) by 66.28% based on its latest 2017Q3 regulatory filing with the SEC. Nikko Asset Management Americas Inc sold 39,500 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 20,100 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.04M, down from 59,600 at the end of the previous reported quarter. Nikko Asset Management Americas Inc who had been investing in General Mills Inc for a number of months, seems to be less bullish one the $33.48 billion market cap company. The stock decreased 0.48% or $0.285 during the last trading session, reaching $58.835. About 1.55 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 10.63% since January 18, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

Nikko Asset Management Americas Inc, which manages about $3.82B and $2.05 billion US Long portfolio, upped its stake in Splunk Inc (NASDAQ:SPLK) by 92,100 shares to 234,200 shares, valued at $15.56 million in 2017Q3, according to the filing. It also increased its holding in Workday Inc (NYSE:WDAY) by 44,300 shares in the quarter, for a total of 117,300 shares, and has risen its stake in Charles Schwab Corp/The (NYSE:SCHW).

Since January 9, 2018, it had 0 insider purchases, and 1 sale for $517,458 activity.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.16, from 1 in 2017Q2. It worsened, as 81 investors sold GIS shares while 366 reduced holdings. 62 funds opened positions while 314 raised stakes. 401.33 million shares or 2.97% more from 389.74 million shares in 2017Q2 were reported. Legal & General Public Ltd holds 3.53M shares. Chilton holds 32,782 shares or 0.07% of its portfolio. Security Retail Bank Of So Dak has invested 1.08% in General Mills, Inc. (NYSE:GIS). Pennsylvania-based Girard Partners Ltd has invested 0.74% in General Mills, Inc. (NYSE:GIS). Virtus Advisers holds 4,715 shares. Fayez Sarofim And Communication reported 25,872 shares. Pittenger & Anderson Inc holds 25,280 shares. Lombard Odier Asset Mgmt (Switzerland) invested in 4,414 shares or 0.02% of the stock. Allsquare Wealth Lc owns 599 shares or 0.03% of their US portfolio. Synovus Fincl Corporation holds 0.41% of its portfolio in General Mills, Inc. (NYSE:GIS) for 417,373 shares. Old Mutual Customised Solutions (Proprietary) reported 21,360 shares. Minnesota-based Palisade Asset Mngmt Ltd Liability Company has invested 0.58% in General Mills, Inc. (NYSE:GIS). Wells Fargo Com Mn has invested 0.15% in General Mills, Inc. (NYSE:GIS). Planning reported 35,654 shares or 0.37% of all its holdings. Acadian Asset Management Ltd Liability Co stated it has 1,059 shares.

Among 23 analysts covering General Mills Inc. (NYSE:GIS), 2 have Buy rating, 4 Sell and 17 Hold. Therefore 9% are positive. General Mills Inc. had 66 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, June 17 by RBC Capital Markets. Goldman Sachs maintained the shares of GIS in report on Thursday, March 24 with “Neutral” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, December 21 report. Morgan Stanley maintained General Mills, Inc. (NYSE:GIS) on Thursday, September 21 with “Equal-Weight” rating. Credit Suisse maintained it with “Hold” rating and $60.0 target in Thursday, December 21 report. The stock of General Mills, Inc. (NYSE:GIS) has “Hold” rating given on Thursday, March 23 by Argus Research. As per Tuesday, July 21, the company rating was upgraded by RBC Capital Markets. Consumer Edge downgraded the stock to “Underperform” rating in Tuesday, September 20 report. The stock of General Mills, Inc. (NYSE:GIS) has “Market Perform” rating given on Thursday, September 21 by BMO Capital Markets. The stock of General Mills, Inc. (NYSE:GIS) earned “Neutral” rating by PiperJaffray on Wednesday, January 3.

Colony Group Llc, which manages about $3.39 billion and $1.46B US Long portfolio, upped its stake in Vanguard Extended Market Etf S &P Compl (VXF) by 83,738 shares to 257,544 shares, valued at $27.59 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Intermediate Term Corp Bond (VCIT) by 5,578 shares in the quarter, for a total of 58,853 shares, and has risen its stake in Bank New York Mellon (NYSE:BK).

Since September 19, 2017, it had 0 insider buys, and 2 selling transactions for $778,532 activity. $614,857 worth of Lowe's Companies, Inc. (NYSE:LOW) was sold by Hollifield Matthew V.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 19 have Buy rating, 1 Sell and 13 Hold. Therefore 58% are positive. Lowe’s Companies Inc. had 77 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 19. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Robert W. Baird on Tuesday, January 2. The firm earned “Buy” rating on Friday, January 5 by Barclays Capital. The company was maintained on Tuesday, October 31 by Robert W. Baird. Stifel Nicolaus reinitiated the stock with “Buy” rating in Tuesday, August 2 report. On Monday, August 22 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Buy” rating given on Thursday, November 19 by Argus Research. The company was maintained on Wednesday, November 22 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, November 23 by UBS. As per Wednesday, November 22, the company rating was maintained by Piper Jaffray.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It improved, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Moreover, Steinberg Glob Asset Mgmt has 0.15% invested in Lowe's Companies, Inc. (NYSE:LOW). American National Registered Invest Advisor owns 16,425 shares for 0.66% of their portfolio. Thomaspartners Inc reported 1.74% in Lowe's Companies, Inc. (NYSE:LOW). Iberiabank Corp invested in 3,417 shares. Ifc Holding Inc Fl has invested 0.04% in Lowe's Companies, Inc. (NYSE:LOW). Tcw Group has 0.01% invested in Lowe's Companies, Inc. (NYSE:LOW). Aperio Group Inc Limited Liability Co holds 494,860 shares. Reliance Co Of Delaware, a Delaware-based fund reported 11,017 shares. Greylin Invest Mangement has invested 0.43% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Natl Pension Serv stated it has 755,221 shares or 0.33% of all its holdings. Highland Capital Limited Liability Corporation holds 107,732 shares or 0.68% of its portfolio. Moreover, Indiana Tru & Invest Management Co has 0.86% invested in Lowe's Companies, Inc. (NYSE:LOW) for 22,266 shares. Ingalls And Snyder Lc stated it has 0.05% in Lowe's Companies, Inc. (NYSE:LOW). Kynikos Lp holds 0.83% or 30,729 shares. Arkansas-based National Bank Of The Ozarks has invested 0.4% in Lowe's Companies, Inc. (NYSE:LOW).

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