Ellington Management Group Has Decreased Lyondellbasell Industries N (LYB) Position; Columbia Wanger Asset Management Trimmed Monro (MNRO) Stake

January 14, 2018 - By Clifton Ray

Columbia Wanger Asset Management Llc decreased Monro Inc (MNRO) stake by 51.69% reported in 2017Q3 SEC filing. Columbia Wanger Asset Management Llc sold 295,350 shares as Monro Inc (MNRO)’s stock declined 12.59%. The Columbia Wanger Asset Management Llc holds 276,014 shares with $15.47M value, down from 571,364 last quarter. Monro Inc now has $1.97B valuation. The stock increased 2.04% or $1.2 during the last trading session, reaching $60.05. About 253,544 shares traded. Monro, Inc. (NASDAQ:MNRO) has declined 18.88% since January 14, 2017 and is downtrending. It has underperformed by 35.58% the S&P500.

Ellington Management Group Llc decreased Lyondellbasell Industries N (LYB) stake by 68.8% reported in 2017Q3 SEC filing. Ellington Management Group Llc sold 8,600 shares as Lyondellbasell Industries N (LYB)’s stock declined 12.71%. The Ellington Management Group Llc holds 3,900 shares with $386,000 value, down from 12,500 last quarter. Lyondellbasell Industries N now has $46.42 billion valuation. The stock decreased 0.02% or $0.02 during the last trading session, reaching $117.68. About 2.07 million shares traded or 3.02% up from the average. LyondellBasell Industries N.V. (NYSE:LYB) has risen 0.33% since January 14, 2017 and is uptrending. It has underperformed by 16.37% the S&P500.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.12, from 0.96 in 2017Q2. It worsened, as 52 investors sold LYB shares while 276 reduced holdings. 88 funds opened positions while 187 raised stakes. 287.42 million shares or 0.30% less from 288.30 million shares in 2017Q2 were reported. Federated Investors Pa holds 0% or 15,310 shares. Guardian Advsrs Lp invested 0.38% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB). Mitsubishi Ufj Securities Hldg Communication, a Japan-based fund reported 880 shares. Moreover, Barrow Hanley Mewhinney & Strauss Ltd Liability Com has 0.18% invested in LyondellBasell Industries N.V. (NYSE:LYB). Alphamark Advisors Ltd Liability holds 0% or 50 shares. Meiji Yasuda Life Ins holds 0.08% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB) for 5,660 shares. Bp Public Limited Company holds 0.14% or 39,000 shares in its portfolio. Woodmont Counsel Lc has 0.28% invested in LyondellBasell Industries N.V. (NYSE:LYB) for 10,192 shares. Goldman Sachs Group Inc Inc holds 0.11% or 4.73M shares. Assetmark Inc invested in 0.01% or 6,825 shares. Old Natl Financial Bank In holds 4,874 shares. Aviva Public Limited Company reported 661,361 shares stake. Century Companies invested in 0.07% or 688,353 shares. Fiduciary Tru Co holds 23,600 shares. Muhlenkamp And reported 0.09% in LyondellBasell Industries N.V. (NYSE:LYB).

Since August 1, 2017, it had 0 buys, and 1 insider sale for $287,581 activity. Shares for $287,581 were sold by Bindra Jagjeet S. on Tuesday, August 1.

Among 23 analysts covering LyondellBasell (NYSE:LYB), 8 have Buy rating, 3 Sell and 12 Hold. Therefore 35% are positive. LyondellBasell had 65 analyst reports since September 1, 2015 according to SRatingsIntel. Jefferies maintained LyondellBasell Industries N.V. (NYSE:LYB) rating on Tuesday, January 2. Jefferies has “Hold” rating and $118.0 target. The stock of LyondellBasell Industries N.V. (NYSE:LYB) has “Underperform” rating given on Monday, May 8 by Bank of America. The stock of LyondellBasell Industries N.V. (NYSE:LYB) earned “Outperform” rating by Bernstein on Friday, September 11. Jefferies maintained LyondellBasell Industries N.V. (NYSE:LYB) on Friday, June 16 with “Hold” rating. The firm earned “Market Perform” rating on Thursday, December 29 by Cowen & Co. Nomura downgraded the stock to “Neutral” rating in Wednesday, April 27 report. Jefferies maintained the stock with “Hold” rating in Monday, August 21 report. The stock of LyondellBasell Industries N.V. (NYSE:LYB) has “Buy” rating given on Friday, July 28 by Alembic. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, July 30 report. The rating was downgraded by Credit Agricole to “Underperform” on Monday, January 11.

Analysts await LyondellBasell Industries N.V. (NYSE:LYB) to report earnings on February, 2. They expect $2.49 earnings per share, up 14.22% or $0.31 from last year’s $2.18 per share. LYB’s profit will be $982.20 million for 11.82 P/E if the $2.49 EPS becomes a reality. After $2.41 actual earnings per share reported by LyondellBasell Industries N.V. for the previous quarter, Wall Street now forecasts 3.32% EPS growth.

Ellington Management Group Llc increased Companhia Brasileira De Dist (NYSE:CBD) stake by 14,200 shares to 28,200 valued at $667,000 in 2017Q3. It also upped Briggs & Stratton Corp (NYSE:BGG) stake by 21,700 shares and now owns 31,600 shares. Spdr S&P 500 Etf Tr (Call) (SPY) was raised too.

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.20, from 1.22 in 2017Q2. It improved, as 25 investors sold MNRO shares while 41 reduced holdings. 31 funds opened positions while 63 raised stakes. 35.68 million shares or 7.15% more from 33.30 million shares in 2017Q2 were reported. Kornitzer Cap Mngmt Ks reported 165,045 shares stake. Pacific Inv Mgmt invested 0.06% in Monro, Inc. (NASDAQ:MNRO). State Board Of Administration Of Florida Retirement System has 19,385 shares for 0% of their portfolio. State Of Alaska Department Of Revenue accumulated 6,491 shares or 0.02% of the stock. Moreover, New York State Teachers Retirement Systems has 0% invested in Monro, Inc. (NASDAQ:MNRO). California State Teachers Retirement Sys invested 0.01% of its portfolio in Monro, Inc. (NASDAQ:MNRO). Clearbridge Investments Ltd Liability Com holds 0.09% or 1.67 million shares. Neuberger Berman Gp Ltd Llc holds 0.1% or 1.38M shares. Huntington Bancshares, Ohio-based fund reported 1,467 shares. Tiaa Cref Mgmt Limited Liability Company reported 0% in Monro, Inc. (NASDAQ:MNRO). Tower Capital Limited Liability Company (Trc) holds 3,722 shares. Teachers Retirement Of The State Of Kentucky reported 10,300 shares. Citadel Ltd Com holds 0% of its portfolio in Monro, Inc. (NASDAQ:MNRO) for 77,110 shares. Metropolitan Life Insurance Com New York has 0.01% invested in Monro, Inc. (NASDAQ:MNRO) for 21,842 shares. Pub Employees Retirement System Of Ohio owns 103,651 shares or 0.03% of their US portfolio.

Analysts await Monro, Inc. (NASDAQ:MNRO) to report earnings on February, 7. They expect $0.48 earnings per share, down 9.43% or $0.05 from last year’s $0.53 per share. MNRO’s profit will be $15.73M for 31.28 P/E if the $0.48 EPS becomes a reality. After $0.55 actual earnings per share reported by Monro, Inc. for the previous quarter, Wall Street now forecasts -12.73% negative EPS growth.

Columbia Wanger Asset Management Llc increased Lci Industries stake by 65,118 shares to 803,771 valued at $93.12M in 2017Q3. It also upped Wingstop Inc stake by 729,137 shares and now owns 989,270 shares. Extended Stay America Inc (NYSE:STAY) was raised too.

Since August 1, 2017, it had 0 insider buys, and 2 sales for $3.15 million activity. 64,619 Monro, Inc. (NASDAQ:MNRO) shares with value of $3.05M were sold by GROSS ROBERT G. HOYLE CRAIG L sold $96,035 worth of stock or 2,000 shares.

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