Sarasin & Partners Llp Has Trimmed Its Aramark (ARMK) Position; Intercontinental Exchange (ICE) Shorts Increased By 13.37%

November 14, 2017 - By Michael Collier

Intercontinental Exchange Incorporated (NYSE:ICE) had an increase of 13.37% in short interest. ICE’s SI was 4.89M shares in November as released by FINRA. Its up 13.37% from 4.31M shares previously. With 4.80M avg volume, 1 days are for Intercontinental Exchange Incorporated (NYSE:ICE)’s short sellers to cover ICE’s short positions. About 1.28 million shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since November 14, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Sarasin & Partners Llp decreased Aramark (ARMK) stake by 9.63% reported in 2017Q2 SEC filing. Sarasin & Partners Llp sold 74,734 shares as Aramark (ARMK)’s stock rose 2.38%. The Sarasin & Partners Llp holds 701,068 shares with $28.73M value, down from 775,802 last quarter. Aramark now has $9.81 billion valuation. The stock declined 6.63% or $2.84 reaching $40.01 per share. About 4.88M shares traded or 339.64% up from the average. Aramark (NYSE:ARMK) has risen 13.66% since November 14, 2016 and is uptrending. It has underperformed by 3.04% the S&P500.

Intercontinental Exchange, Inc. is an operator of regulated exchanges, clearing houses and listings venues. The company has market cap of $39.37 billion. The Firm provides data services for commodity and financial markets. It has a 24.43 P/E ratio. The Company’s divisions include Trading and Clearing segment, and Data and Listings segment.

Among 15 analysts covering Intercontinental Exchange (NYSE:ICE), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Intercontinental Exchange had 58 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 16. Jefferies maintained Intercontinental Exchange Inc (NYSE:ICE) rating on Tuesday, April 11. Jefferies has “Buy” rating and $70 target. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, December 9. Deutsche Bank maintained the stock with “Buy” rating in Friday, January 8 report. The firm has “Buy” rating by Wood given on Friday, March 24. The stock of Intercontinental Exchange Inc (NYSE:ICE) earned “Buy” rating by Keefe Bruyette & Woods on Friday, October 6. The firm has “Neutral” rating given on Wednesday, June 1 by JP Morgan. The rating was maintained by UBS with “Buy” on Thursday, August 4. Citigroup maintained Intercontinental Exchange Inc (NYSE:ICE) on Friday, November 3 with “Neutral” rating. The stock has “Buy” rating by Goldman Sachs on Tuesday, January 5.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.01, from 1.08 in 2017Q1. It worsened, as 34 investors sold Intercontinental Exchange Inc shares while 225 reduced holdings. 70 funds opened positions while 206 raised stakes. 505.99 million shares or 0.95% less from 510.84 million shares in 2017Q1 were reported. Weiss Multi holds 3,546 shares. Wealthfront holds 0.01% or 14,504 shares in its portfolio. Jennison Ltd Limited Liability Company reported 1.26 million shares. 6,010 were reported by Oppenheimer. Moreover, Public Sector Pension Board has 0.09% invested in Intercontinental Exchange Inc (NYSE:ICE) for 159,275 shares. Emerald Advisers Inc Pa reported 0.02% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE). Hancock Hldg invested in 212,667 shares. First Washington Corp holds 58,405 shares. Whittier Trust holds 0% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE) for 1,304 shares. Mu Invests Limited has 0.05% invested in Intercontinental Exchange Inc (NYSE:ICE) for 1,000 shares. Capital Guardian Com reported 719,490 shares. Rafferty Asset Management Ltd Liability Co holds 86,823 shares or 0.16% of its portfolio. Loomis Sayles And Communication L P holds 0.05% or 345,694 shares. Moreover, National Pension Service has 0.2% invested in Intercontinental Exchange Inc (NYSE:ICE) for 505,946 shares. Sun Life Fincl Incorporated, Ontario – Canada-based fund reported 4,345 shares.

Since May 25, 2017, it had 0 insider purchases, and 4 sales for $5.62 million activity. The insider Pressler Brian P sold 10,629 shares worth $433,710. Reynolds Stephen R also sold $1.21 million worth of Aramark (NYSE:ARMK) on Wednesday, June 14. Another trade for 100,000 shares valued at $3.86 million was sold by MCKEE LYNN. 3,000 shares valued at $111,441 were sold by Tarangelo James J. on Thursday, May 25.

Investors sentiment decreased to 1.22 in 2017 Q2. Its down 0.25, from 1.47 in 2017Q1. It dropped, as 33 investors sold ARMK shares while 89 reduced holdings. 41 funds opened positions while 108 raised stakes. 228.44 million shares or 1.61% more from 224.83 million shares in 2017Q1 were reported. Commonwealth National Bank Of owns 24,900 shares for 0.01% of their portfolio. Comgest Global Investors Sas invested in 0.13% or 132,400 shares. Hennessy Advsrs Incorporated stated it has 1.02% of its portfolio in Aramark (NYSE:ARMK). Dimensional Fund Advisors LP invested in 1.48 million shares or 0.03% of the stock. Employees Retirement Association Of Colorado has invested 0.01% in Aramark (NYSE:ARMK). Sumitomo Mitsui Asset Mgmt Company Ltd holds 17,750 shares or 0.01% of its portfolio. Howard Hughes Medical Institute has 0.43% invested in Aramark (NYSE:ARMK). Bluemountain Capital Mgmt Ltd Com invested in 279 shares or 0% of the stock. United Kingdom-based Aberdeen Asset Mgmt Public Ltd Co Uk has invested 0.01% in Aramark (NYSE:ARMK). Cramer Rosenthal Mcglynn Limited Co reported 0.85% stake. Apg Asset Nv invested in 0.02% or 306,110 shares. Kbc Nv reported 167,370 shares. 528 are held by Wealthtrust. Moreover, Bb&T Securities Limited Liability has 0.01% invested in Aramark (NYSE:ARMK) for 18,495 shares. Bank & Trust Of Ny Mellon holds 0.02% in Aramark (NYSE:ARMK) or 1.34M shares.

Sarasin & Partners Llp increased Middleby Corp (NASDAQ:MIDD) stake by 6,000 shares to 44,000 valued at $5.35M in 2017Q2. It also upped Wells Fargo Co New (NYSE:WFC) stake by 267,712 shares and now owns 2.06M shares. First Rep Bk San Francisco C (NYSE:FRC) was raised too.

Among 13 analysts covering Aramark Holdings Corporation (NYSE:ARMK), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Aramark Holdings Corporation had 29 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was maintained by Nomura with “Buy” on Thursday, August 11. The firm has “Overweight” rating by Barclays Capital given on Thursday, August 11. RBC Capital Markets maintained Aramark (NYSE:ARMK) rating on Tuesday, October 17. RBC Capital Markets has “Outperform” rating and $47 target. The firm has “Sell” rating by Zacks given on Wednesday, August 12. The stock of Aramark (NYSE:ARMK) has “Buy” rating given on Wednesday, August 9 by Nomura. The company was maintained on Monday, October 16 by Robert W. Baird. The rating was upgraded by Goldman Sachs to “Conviction Buy” on Thursday, March 2. On Tuesday, October 3 the stock rating was maintained by RBC Capital Markets with “Buy”. Bank of America maintained the stock with “Buy” rating in Thursday, August 11 report. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, January 10.

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