Holder London Co Of Virginia Upped Armstrong World Inds New (AWI) Stake; Highstreet Asset Management Increases Holding in Sun Life Financial (SLF)

November 15, 2017 - By Linda Rogers

London Co Of Virginia increased its stake in Armstrong World Inds Inc New (AWI) by 3.38% based on its latest 2017Q2 regulatory filing with the SEC. London Co Of Virginia bought 96,755 shares as the company’s stock rose 5.82% with the market. The institutional investor held 2.96 million shares of the plastic products company at the end of 2017Q2, valued at $136.21M, up from 2.86M at the end of the previous reported quarter. London Co Of Virginia who had been investing in Armstrong World Inds Inc New for a number of months, seems to be bullish on the $2.65 billion market cap company. It closed at $50.15 lastly. It is down 6.90% since November 15, 2016 and is uptrending. It has underperformed by 9.80% the S&P500.

Highstreet Asset Management Inc increased its stake in Sun Life Financial Inc. (SLF) by 8.26% based on its latest 2017Q2 regulatory filing with the SEC. Highstreet Asset Management Inc bought 17,194 shares as the company’s stock declined 12.84% while stock markets rallied. The institutional investor held 225,453 shares of the life insurance company at the end of 2017Q2, valued at $8.06 million, up from 208,259 at the end of the previous reported quarter. Highstreet Asset Management Inc who had been investing in Sun Life Financial Inc. for a number of months, seems to be bullish on the $23.82B market cap company. The stock increased 0.03% or $0.01 on November 14, reaching $38.9. About shares traded. Sun Life Financial Inc (NYSE:SLF) has declined 1.22% since November 15, 2016 and is downtrending. It has underperformed by 17.92% the S&P500.

Among 11 analysts covering Sun Life Financial Inc. (NYSE:SLF), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Sun Life Financial Inc. had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Argus Research to “Hold” on Friday, December 23. On Wednesday, July 27 the stock rating was maintained by Jefferies with “Hold”. RBC Capital Markets downgraded the shares of SLF in report on Friday, February 17 to “Sector Perform” rating. The firm has “Hold” rating given on Monday, July 10 by Bank of America. As per Wednesday, August 24, the company rating was initiated by Bank of America. The stock of Sun Life Financial Inc (NYSE:SLF) earned “Neutral” rating by Macquarie Research on Thursday, November 5. As per Thursday, September 10, the company rating was upgraded by Macquarie Research. On Thursday, February 11 the stock rating was upgraded by IBC to “Sector Outperform”. Barclays Capital maintained Sun Life Financial Inc (NYSE:SLF) rating on Monday, March 7. Barclays Capital has “Overweight” rating and $44 target. The firm has “Neutral” rating given on Wednesday, May 10 by Credit Suisse.

Highstreet Asset Management Inc, which manages about $926.09 million US Long portfolio, decreased its stake in Rogers Communications Inc. (NYSE:RCI) by 17,827 shares to 15,137 shares, valued at $715,000 in 2017Q2, according to the filing. It also reduced its holding in Aetna Inc. (NYSE:AET) by 6,471 shares in the quarter, leaving it with 605 shares, and cut its stake in Pepsico Inc. (NYSE:PEP).

More important recent Sun Life Financial Inc (NYSE:SLF) news were published by: Prnewswire.com which released: “Boston Celtics teams up with Sun Life Financial for 4th annual …” on November 01, 2017, also Prnewswire.com published article titled: “Sun Life adds new vision plan to benefits portfolio”, Prnewswire.com published: “Sun Life launches largest PPO dental network in the country” on October 25, 2017. More interesting news about Sun Life Financial Inc (NYSE:SLF) was released by: Nasdaq.com and their article: “Sun Life Financial (SLF) Q3 Earnings Grow Y/Y, Dividend Up” with publication date: November 09, 2017.

London Co Of Virginia, which manages about $14.73B US Long portfolio, decreased its stake in Berkshire Hathaway Inc Del (BRKB) by 20,429 shares to 2.22 million shares, valued at $375.97 million in 2017Q2, according to the filing. It also reduced its holding in Alleghany Corp Del (NYSE:Y) by 8,685 shares in the quarter, leaving it with 208,942 shares, and cut its stake in Orbital Atk Inc.

Investors sentiment decreased to 1.05 in 2017 Q2. Its down 0.42, from 1.47 in 2017Q1. It turned negative, as 25 investors sold AWI shares while 50 reduced holdings. 23 funds opened positions while 56 raised stakes. 58.76 million shares or 1.29% more from 58.01 million shares in 2017Q1 were reported. Blair William And Il holds 6,950 shares or 0% of its portfolio. Fuller Thaler Asset Mngmt has invested 1.1% in Armstrong World Industries Inc (NYSE:AWI). Northwestern Mutual Wealth Mgmt Com reported 0% of its portfolio in Armstrong World Industries Inc (NYSE:AWI). Hbk Investments Limited Partnership accumulated 10,291 shares or 0% of the stock. Bridger Limited Com owns 3.28% invested in Armstrong World Industries Inc (NYSE:AWI) for 1.25 million shares. Beck Mack & Oliver Lc has 745,068 shares. Comerica Bankshares has 0.06% invested in Armstrong World Industries Inc (NYSE:AWI). Wellington Grp Inc Limited Liability Partnership invested in 0.01% or 507,918 shares. Utah Retirement has invested 0.01% in Armstrong World Industries Inc (NYSE:AWI). Inv Counselors Of Maryland reported 488,000 shares. Cipher Capital Lp holds 12,059 shares or 0.04% of its portfolio. Paloma Prtn Mngmt accumulated 0.01% or 18,003 shares. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 1,925 shares. Moreover, Tiaa Cref Management Ltd Liability Co has 0% invested in Armstrong World Industries Inc (NYSE:AWI). Mrj holds 0.36% in Armstrong World Industries Inc (NYSE:AWI) or 13,400 shares.

More news for Armstrong World Industries Inc (NYSE:AWI) were recently published by: Nasdaq.com, which released: “Armstrong World (AWI) Q3 Earnings & Sales Miss, View Up” on November 01, 2017. Seekingalpha.com‘s article titled: “Armstrong World Industries (AWI) Q3 2017 Results – Earnings Call Transcript” and published on October 30, 2017 is yet another important article.

Among 15 analysts covering Armstrong World Industries (NYSE:AWI), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. Armstrong World Industries had 28 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of AWI in report on Tuesday, November 1 with “Sector Perform” rating. The rating was reinitiated by Piper Jaffray on Monday, May 16 with “Neutral”. The company was downgraded on Thursday, January 5 by KeyBanc Capital Markets. Deutsche Bank maintained Armstrong World Industries Inc (NYSE:AWI) rating on Wednesday, August 5. Deutsche Bank has “Buy” rating and $64 target. The rating was maintained by KeyBanc Capital Markets with “Hold” on Tuesday, September 19. As per Friday, October 27, the company rating was maintained by SunTrust. Barclays Capital downgraded Armstrong World Industries Inc (NYSE:AWI) rating on Wednesday, January 20. Barclays Capital has “Underweight” rating and $45 target. KeyBanc Capital Markets upgraded Armstrong World Industries Inc (NYSE:AWI) on Friday, August 5 to “Overweight” rating. The stock has “Buy” rating by Deutsche Bank on Wednesday, August 2. As per Friday, October 20, the company rating was maintained by Citigroup.

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