Illinois Tool Wks (ITW) Shareholder Personal Capital Advisors Raised Stake; Csx (CSX) Share Value Rose While Ballentine Partners Has Cut Its Stake

January 23, 2018 - By Louis Casey

Ballentine Partners Llc decreased its stake in Csx Corp (CSX) by 62.81% based on its latest 2017Q3 regulatory filing with the SEC. Ballentine Partners Llc sold 24,061 shares as the company’s stock rose 3.79% with the market. The institutional investor held 14,249 shares of the railroads company at the end of 2017Q3, valued at $772,000, down from 38,310 at the end of the previous reported quarter. Ballentine Partners Llc who had been investing in Csx Corp for a number of months, seems to be less bullish one the $50.89B market cap company. The stock decreased 1.37% or $0.79 during the last trading session, reaching $56.94. About 3.81M shares traded. CSX Corporation (NYSE:CSX) has risen 97.18% since January 23, 2017 and is uptrending. It has outperformed by 80.48% the S&P500.

Personal Capital Advisors Corp increased its stake in Illinois Tool Wks Inc (ITW) by 7.93% based on its latest 2017Q3 regulatory filing with the SEC. Personal Capital Advisors Corp bought 12,341 shares as the company’s stock rose 5.13% with the market. The institutional investor held 167,907 shares of the industrial machinery and components company at the end of 2017Q3, valued at $24.84 million, up from 155,566 at the end of the previous reported quarter. Personal Capital Advisors Corp who had been investing in Illinois Tool Wks Inc for a number of months, seems to be bullish on the $59.14B market cap company. The stock decreased 0.45% or $0.78 during the last trading session, reaching $172.61. About 667,279 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 23, 2017 and is uptrending. It has outperformed by 16.62% the S&P500.

Ballentine Partners Llc, which manages about $4.78 billion and $1.81B US Long portfolio, upped its stake in Spdr S&P Midcap 400 Etf Tr (MDY) by 963 shares to 13,730 shares, valued at $4.48 million in 2017Q3, according to the filing. It also increased its holding in Forrester Resh Inc (NASDAQ:FORR) by 250,000 shares in the quarter, for a total of 500,037 shares, and has risen its stake in Bjs Restaurants Inc (NASDAQ:BJRI).

Investors sentiment decreased to 0.66 in Q3 2017. Its down 0.17, from 0.83 in 2017Q2. It dived, as 56 investors sold CSX shares while 351 reduced holdings. 65 funds opened positions while 204 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. State Bank Of Montreal Can reported 0.07% stake. Pub Sector Pension Inv Board reported 102,289 shares stake. Calamos Advsrs Ltd Liability Co invested in 818,485 shares. Jane Street Grp Limited Liability Corp accumulated 136,869 shares or 0.02% of the stock. Stephens Inc Ar reported 66,458 shares or 0.13% of all its holdings. 1,195 were accumulated by Alpha Windward Ltd Com. Natixis has invested 0.02% of its portfolio in CSX Corporation (NASDAQ:CSX). Mcf Advsr Lc invested in 0.03% or 2,850 shares. Synovus Fincl Corp invested 0.06% in CSX Corporation (NASDAQ:CSX). Marshall Wace Limited Liability Partnership has 119,610 shares for 0.3% of their portfolio. 295,825 were reported by State Of Tennessee Treasury Department. Natixis Asset Management stated it has 0.05% of its portfolio in CSX Corporation (NASDAQ:CSX). Metropolitan Life holds 0.16% of its portfolio in CSX Corporation (NASDAQ:CSX) for 466,261 shares. Northstar Group invested in 0.29% or 9,304 shares. 705,402 are owned by Lord Abbett & Ltd Llc.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 9 Hold. Therefore 61% are positive. CSX Corporation had 102 analyst reports since August 13, 2015 according to SRatingsIntel. On Wednesday, January 17 the stock rating was maintained by UBS with “Buy”. Bank of America downgraded the stock to “Neutral” rating in Friday, December 4 report. As per Thursday, September 7, the company rating was maintained by Credit Suisse. On Thursday, November 10 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The firm has “Market Perform” rating given on Thursday, June 16 by Oppenheimer. The stock has “Hold” rating by Cowen & Co on Friday, July 28. The stock has “Buy” rating by Bank of America on Monday, February 22. RBC Capital Markets maintained CSX Corporation (NASDAQ:CSX) rating on Friday, December 15. RBC Capital Markets has “Buy” rating and $59.0 target. RBC Capital Markets maintained it with “Outperform” rating and $27 target in Thursday, January 14 report. The firm has “Hold” rating given on Friday, July 15 by Deutsche Bank.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 74 analyst reports since July 24, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Outperform” rating in Tuesday, October 24 report. Morgan Stanley initiated the stock with “Equal-Weight” rating in Wednesday, January 13 report. The firm earned “Neutral” rating on Monday, November 21 by Goldman Sachs. As per Thursday, June 23, the company rating was downgraded by Robert W. Baird. On Tuesday, October 24 the stock rating was maintained by Credit Suisse with “Neutral”. The firm has “Hold” rating given on Monday, October 23 by Robert W. Baird. Morgan Stanley maintained Illinois Tool Works Inc. (NYSE:ITW) on Monday, October 2 with “Equal-Weight” rating. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Buy” rating by Citigroup on Thursday, January 21. Goldman Sachs downgraded Illinois Tool Works Inc. (NYSE:ITW) on Thursday, September 3 to “Sell” rating. The stock has “Hold” rating by BMO Capital Markets on Thursday, January 4.

Since October 2, 2017, it had 0 insider buys, and 5 selling transactions for $24.79 million activity. 64,818 shares were sold by MARTINDALE STEVEN L, worth $10.19M. $7.62 million worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by VALLS JUAN. 6,533 Illinois Tool Works Inc. (NYSE:ITW) shares with value of $1.01M were sold by Hartnett John R..

Personal Capital Advisors Corp, which manages about $1.01B and $5.13 billion US Long portfolio, decreased its stake in Mcdonalds Corp (NYSE:MCD) by 2,803 shares to 39,613 shares, valued at $6.21 million in 2017Q3, according to the filing. It also reduced its holding in Aaon Inc (NASDAQ:AAON) by 48,100 shares in the quarter, leaving it with 471,071 shares, and cut its stake in Schwab Strategic Tr (SCHB).

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.17, from 0.7 in 2017Q2. It is positive, as 47 investors sold ITW shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. 251.79 million shares or 0.92% less from 254.13 million shares in 2017Q2 were reported. 141,300 were accumulated by Virginia Retirement Et Al. Smith Moore accumulated 0.67% or 15,832 shares. Commonwealth Equity reported 0.09% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Liberty Mutual Group Inc Asset Management has 0.11% invested in Illinois Tool Works Inc. (NYSE:ITW) for 13,127 shares. Stearns Fin Services Group Inc has 0.23% invested in Illinois Tool Works Inc. (NYSE:ITW). Guardian Life Insur Com Of America has invested 0.02% in Illinois Tool Works Inc. (NYSE:ITW). Burt Wealth Advsr has 50 shares for 0% of their portfolio. Maple Capital Incorporated accumulated 2,929 shares or 0.12% of the stock. Moreover, Cooke & Bieler LP has 0.14% invested in Illinois Tool Works Inc. (NYSE:ITW) for 51,714 shares. Bath Savings holds 0.07% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 1,833 shares. Solaris Asset Management Limited Liability Corp stated it has 50 shares. 481,754 are owned by Ariel Invests. Investment House Ltd Liability Corporation holds 2,550 shares. Mycio Wealth Partners Ltd Liability Company stated it has 0.04% in Illinois Tool Works Inc. (NYSE:ITW). Invesco, Georgia-based fund reported 1.92M shares.

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