Burgundy Asset Management LTD Has Boosted Northern Trust Corp. (NTRS) Stake; Huber Capital Management Cut By $4.75 Million Its Carpenter Technology (CRS) Holding

January 17, 2018 - By Peter Erickson

Huber Capital Management Llc decreased Carpenter Technology Corp (CRS) stake by 19.51% reported in 2017Q3 SEC filing. Huber Capital Management Llc sold 98,975 shares as Carpenter Technology Corp (CRS)’s stock declined 13.06%. The Huber Capital Management Llc holds 408,437 shares with $19.62M value, down from 507,412 last quarter. Carpenter Technology Corp now has $2.48 billion valuation. The stock increased 0.84% or $0.44 during the last trading session, reaching $52.86. About 311,562 shares traded. Carpenter Technology Corporation (NYSE:CRS) has risen 19.37% since January 17, 2017 and is uptrending. It has outperformed by 2.67% the S&P500.

Burgundy Asset Management Ltd increased Northern Trust Corp. (NTRS) stake by 0.56% reported in 2017Q3 SEC filing. Burgundy Asset Management Ltd acquired 13,249 shares as Northern Trust Corp. (NTRS)’s stock declined 0.30%. The Burgundy Asset Management Ltd holds 2.39 million shares with $219.42M value, up from 2.37 million last quarter. Northern Trust Corp. now has $24.41B valuation. The stock increased 0.69% or $0.74 during the last trading session, reaching $107.35. About 653,655 shares traded. Northern Trust Corporation (NASDAQ:NTRS) has risen 22.45% since January 17, 2017 and is uptrending. It has outperformed by 5.75% the S&P500.

Analysts await Carpenter Technology Corporation (NYSE:CRS) to report earnings on February, 1. They expect $0.50 EPS, up 233.33% or $0.35 from last year’s $0.15 per share. CRS’s profit will be $23.41M for 26.43 P/E if the $0.50 EPS becomes a reality. After $0.49 actual EPS reported by Carpenter Technology Corporation for the previous quarter, Wall Street now forecasts 2.04% EPS growth.

Huber Capital Management Llc increased Wal (NYSE:WMT) stake by 38,400 shares to 257,700 valued at $20.14 million in 2017Q3. It also upped Enova Intl Inc stake by 217,039 shares and now owns 1.05M shares. Tupperware Brands Corp (NYSE:TUP) was raised too.

Among 7 analysts covering Carpenter Technology (NYSE:CRS), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Carpenter Technology had 13 analyst reports since October 19, 2015 according to SRatingsIntel. The rating was initiated by Seaport Global on Friday, September 9 with “Neutral”. As per Thursday, July 27, the company rating was maintained by Cowen & Co. The rating was maintained by KeyBanc Capital Markets on Wednesday, October 11 with “Hold”. The stock of Carpenter Technology Corporation (NYSE:CRS) earned “Buy” rating by Rosenblatt on Friday, February 5. Cowen & Co maintained Carpenter Technology Corporation (NYSE:CRS) on Monday, July 17 with “Hold” rating. The stock of Carpenter Technology Corporation (NYSE:CRS) has “Hold” rating given on Thursday, October 19 by Cowen & Co. As per Friday, July 28, the company rating was maintained by Longbow. The firm has “Neutral” rating by JP Morgan given on Monday, October 19. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, November 16. On Thursday, March 16 the stock rating was upgraded by Seaport Global to “Buy”.

Since August 7, 2017, it had 0 insider purchases, and 5 insider sales for $1.07 million activity. The insider KAROL STEVEN E sold 2,645 shares worth $107,123. MCMASTER ROBERT R had sold 8,000 shares worth $323,520. The insider INGLIS I MARTIN sold $318,128. The insider WADSWORTH JEFFREY sold $161,000.

Investors sentiment increased to 1.39 in 2017 Q3. Its up 0.04, from 1.35 in 2017Q2. It is positive, as 18 investors sold CRS shares while 53 reduced holdings. 33 funds opened positions while 66 raised stakes. 43.55 million shares or 3.84% more from 41.94 million shares in 2017Q2 were reported. Emerald Advisers Pa reported 378,776 shares. Manufacturers Life Insur The has invested 0.01% in Carpenter Technology Corporation (NYSE:CRS). King Luther Cap Mngmt Corporation owns 82,590 shares or 0.03% of their US portfolio. Amalgamated Bank invested 0.01% of its portfolio in Carpenter Technology Corporation (NYSE:CRS). Tocqueville Asset Mngmt LP accumulated 4,449 shares. Dimensional Fund Advisors LP reported 3.92M shares or 0.08% of all its holdings. Valley National Advisers accumulated 775 shares. Teton Advsr has 11,600 shares for 0.05% of their portfolio. Moreover, Ellington Management Limited Liability Corporation has 0.04% invested in Carpenter Technology Corporation (NYSE:CRS) for 5,400 shares. Carret Asset Ltd Liability holds 0.23% or 30,159 shares in its portfolio. Principal Financial Grp Inc stated it has 0.01% in Carpenter Technology Corporation (NYSE:CRS). Dubuque Bancorp & holds 0.03% or 3,816 shares in its portfolio. 7,764 are held by Advsr Asset Mngmt. Tiaa Cref Inv Mngmt Limited Liability reported 0.01% in Carpenter Technology Corporation (NYSE:CRS). New York-based New York State Common Retirement Fund has invested 0% in Carpenter Technology Corporation (NYSE:CRS).

Burgundy Asset Management Ltd decreased Pennantpark Investment Corp. (NASDAQ:PNNT) stake by 518,662 shares to 2.06 million valued at $15.50M in 2017Q3. It also reduced Advantage Oil & Gas Ltd. (NYSE:AAV) stake by 969,348 shares and now owns 20.17M shares. Brookfield Asset Management Inc. (NYSE:BAM) was reduced too.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.20, from 1.17 in 2017Q2. It dropped, as 43 investors sold NTRS shares while 183 reduced holdings. 65 funds opened positions while 154 raised stakes. 183.65 million shares or 1.21% less from 185.90 million shares in 2017Q2 were reported. Northwestern Mutual Wealth Management has invested 0% in Northern Trust Corporation (NASDAQ:NTRS). Exxonmobil Inc Tx stated it has 39,221 shares or 0.09% of all its holdings. Ameriprise Financial Incorporated holds 1.97 million shares or 0.09% of its portfolio. New Mexico Educational Retirement Board owns 0.09% invested in Northern Trust Corporation (NASDAQ:NTRS) for 20,011 shares. Gamco Investors Et Al stated it has 0.46% of its portfolio in Northern Trust Corporation (NASDAQ:NTRS). Thompson Inv Management accumulated 66,165 shares or 1.13% of the stock. Associated Banc holds 40,024 shares or 0.2% of its portfolio. Parkside Fincl Bank And Tru has 0.05% invested in Northern Trust Corporation (NASDAQ:NTRS). Moreover, Wellington Mgmt Group Llp has 0.26% invested in Northern Trust Corporation (NASDAQ:NTRS) for 12.18M shares. Millennium Ltd Limited Liability Company accumulated 1.59 million shares or 0.22% of the stock. Qs Lc reported 4,013 shares or 0% of all its holdings. Endurance Wealth Mgmt stated it has 0% in Northern Trust Corporation (NASDAQ:NTRS). Tudor Et Al stated it has 0.03% in Northern Trust Corporation (NASDAQ:NTRS). Daiwa Securities Grp owns 61,270 shares for 0.04% of their portfolio. Sumitomo Mitsui Trust Holdings holds 623,896 shares.

Since August 7, 2017, it had 0 insider buys, and 13 sales for $32.91 million activity. St Clair Joyce sold $728,175 worth of Northern Trust Corporation (NASDAQ:NTRS) on Wednesday, October 18. $502,290 worth of Northern Trust Corporation (NASDAQ:NTRS) was sold by Schreuder Jana R on Monday, September 11. The insider WADDELL FREDERICK H sold $17.02M. Shares for $992,310 were sold by BROWNE ROBERT P. On Friday, October 6 Blake Aileen B sold $94,000 worth of Northern Trust Corporation (NASDAQ:NTRS) or 1,000 shares. The insider Parker Teresa sold 8,000 shares worth $736,000. On Friday, October 20 the insider MORRISON WILLIAM L sold $1.04 million.

Among 16 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Northern Trust Corporation had 61 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 19 by Morgan Stanley. The company was maintained on Tuesday, January 3 by Barclays Capital. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by Sandler O’Neill on Friday, January 22. The company was maintained on Tuesday, December 12 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Monday, July 11 by Jefferies. The stock of Northern Trust Corporation (NASDAQ:NTRS) has “Outperform” rating given on Thursday, January 21 by RBC Capital Markets. Keefe Bruyette & Woods maintained it with “Hold” rating and $9500 target in Wednesday, June 28 report. The stock has “Buy” rating by Jefferies on Tuesday, April 11. The rating was maintained by Deutsche Bank with “Hold” on Friday, May 27. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, October 22.

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