As Lkq (LKQ) Market Valuation Declined, Holder Fir Tree Has Increased Its Stake; Pfizer (PFE) Holder Foyston Gordon & Payne Has Decreased Position

February 15, 2018 - By Stephen Andrade

Foyston Gordon & Payne Inc decreased its stake in Pfizer Inc. (PFE) by 21.72% based on its latest 2017Q3 regulatory filing with the SEC. Foyston Gordon & Payne Inc sold 86,292 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 311,002 shares of the health care company at the end of 2017Q3, valued at $11.10M, down from 397,294 at the end of the previous reported quarter. Foyston Gordon & Payne Inc who had been investing in Pfizer Inc. for a number of months, seems to be less bullish one the $210.98 billion market cap company. The stock increased 0.58% or $0.205 during the last trading session, reaching $35.395. About 8.60 million shares traded. Pfizer Inc. (NYSE:PFE) has declined 2.76% since February 15, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Jeffrey Tannenbaum increased its stake in Lkq Corp (LKQ) by 1525.32% based on its latest 2017Q3 regulatory filing with the SEC. Fir Tree Inc bought 3.96M shares as the company’s stock declined 2.79% while stock markets rallied. The hedge fund run by Jeffrey Tannenbaum held 4.22M shares of the motor vehicles company at the end of 2017Q3, valued at $151.95 million, up from 259,757 at the end of the previous reported quarter. Fir Tree Inc who had been investing in Lkq Corp for a number of months, seems to be bullish on the $12.95 billion market cap company. The stock increased 1.09% or $0.45 during the last trading session, reaching $41.89. About 684,310 shares traded. LKQ Corporation (NASDAQ:LKQ) has declined 1.30% since February 15, 2017 and is downtrending. It has underperformed by 18.00% the S&P500.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It increased, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. Fairfield Bush reported 40,394 shares. Doheny Asset Ca invested 0.98% in Pfizer Inc. (NYSE:PFE). Cornerstone Cap Inc owns 7,742 shares or 0.05% of their US portfolio. Whittier stated it has 744,641 shares or 0.97% of all its holdings. 39,700 are owned by Cadinha & Lc. Wendell David stated it has 0.37% of its portfolio in Pfizer Inc. (NYSE:PFE). Arrow Financial Corp accumulated 151,256 shares or 1.28% of the stock. Moreover, Blume Capital Incorporated has 0.12% invested in Pfizer Inc. (NYSE:PFE). 481,090 were reported by Roosevelt. Acg Wealth reported 23,751 shares stake. Hamlin Capital Mngmt Ltd owns 2.88 million shares. Sand Hill Global Advsrs Ltd Llc holds 139,438 shares or 0.53% of its portfolio. Colonial Trust holds 0.2% in Pfizer Inc. (NYSE:PFE) or 25,990 shares. Karpas Strategies Llc holds 1.73% or 110,491 shares in its portfolio. Waddell And Reed Financial invested in 6.86 million shares or 0.54% of the stock.

Foyston Gordon & Payne Inc, which manages about $12.34B and $576.12M US Long portfolio, upped its stake in United Technologies Corp. (NYSE:UTX) by 44,502 shares to 168,388 shares, valued at $19.55M in 2017Q3, according to the filing. It also increased its holding in Twenty (NASDAQ:FOXA) by 126,533 shares in the quarter, for a total of 429,246 shares, and has risen its stake in Autonation Inc. (NYSE:AN).

Among 22 analysts covering Pfizer (NYSE:PFE), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Pfizer had 74 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Pfizer Inc. (NYSE:PFE) earned “Hold” rating by SunTrust on Sunday, January 28. The firm has “Overweight” rating by Piper Jaffray given on Friday, August 28. The stock of Pfizer Inc. (NYSE:PFE) has “Overweight” rating given on Wednesday, January 31 by Morgan Stanley. Jefferies maintained Pfizer Inc. (NYSE:PFE) on Thursday, July 13 with “Hold” rating. The firm has “Sell” rating by Citigroup given on Tuesday, May 16. The stock of Pfizer Inc. (NYSE:PFE) has “Market Perform” rating given on Wednesday, November 2 by BMO Capital Markets. Societe Generale initiated the stock with “Hold” rating in Wednesday, April 6 report. Credit Suisse maintained the stock with “Outperform” rating in Monday, May 9 report. The rating was maintained by Piper Jaffray on Thursday, September 14 with “Buy”. BMO Capital Markets maintained Pfizer Inc. (NYSE:PFE) rating on Monday, June 12. BMO Capital Markets has “Hold” rating and $3300 target.

Since August 21, 2017, it had 0 insider purchases, and 8 insider sales for $12.56 million activity. 197,168 shares valued at $6.70M were sold by READ IAN C on Thursday, August 31. 8,000 shares were sold by JOHNSON RADY A, worth $296,560. 94,409 shares valued at $3.21 million were sold by DAMELIO FRANK A on Thursday, August 31. The insider MACKENZIE ALEXANDER R sold 7,350 shares worth $249,900. The insider SUSMAN SALLY sold 38,230 shares worth $1.34M.

Since August 24, 2017, it had 0 insider purchases, and 5 selling transactions for $6.96 million activity. $526,755 worth of LKQ Corporation (NASDAQ:LKQ) was sold by ALLEN A CLINTON. The insider WEBSTER WILLIAM M IV sold $4.00 million. Quinn John S had sold 10,301 shares worth $445,425.

Fir Tree Inc, which manages about $18.45 billion and $3.51 billion US Long portfolio, decreased its stake in Herc Hldgs Inc by 83,974 shares to 1.18 million shares, valued at $57.99 million in 2017Q3, according to the filing. It also reduced its holding in Ep Energy Corp (NYSE:EPE) by 1.13 million shares in the quarter, leaving it with 2.45M shares, and cut its stake in Jones Energy Inc (NYSE:JONE).

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.09, from 1.01 in 2017Q2. It turned negative, as 33 investors sold LKQ shares while 175 reduced holdings. 55 funds opened positions while 137 raised stakes. 273.62 million shares or 1.13% less from 276.76 million shares in 2017Q2 were reported. Alexandria Llc owns 531 shares. California State Teachers Retirement Sys owns 536,431 shares for 0.04% of their portfolio. Davidson Kempner Capital Management Ltd Partnership holds 0.96% or 900,000 shares in its portfolio. 173,838 are owned by Portolan Cap Mgmt. Oak Ridge Invests Ltd Llc, a Illinois-based fund reported 815,378 shares. Check Capital Ca stated it has 2.13% of its portfolio in LKQ Corporation (NASDAQ:LKQ). Dimensional Fund Advsrs Limited Partnership holds 2.87 million shares. One Trading LP has invested 0.01% of its portfolio in LKQ Corporation (NASDAQ:LKQ). Commonwealth Of Pennsylvania Pub School Empls Retrmt has 25,119 shares for 0.01% of their portfolio. Capstone Investment Advsr Limited accumulated 19,415 shares or 0.02% of the stock. Federated Investors Pa reported 0% in LKQ Corporation (NASDAQ:LKQ). Mutual Of America Capital Mngmt Ltd Liability Corp accumulated 36,777 shares or 0.02% of the stock. Natl Investment Serv Inc Wi, Wisconsin-based fund reported 56,364 shares. Eagle Boston Inv Inc invested in 5,649 shares or 0.02% of the stock. Clarkston Cap Prtnrs Ltd has invested 0.07% in LKQ Corporation (NASDAQ:LKQ).

Among 10 analysts covering LKQ (NASDAQ:LKQ), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. LKQ had 25 analyst reports since January 15, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 16 by Stephens. On Monday, September 25 the stock rating was maintained by Stifel Nicolaus with “Buy”. Jefferies initiated the stock with “Buy” rating in Monday, January 18 report. On Thursday, October 26 the stock rating was maintained by Robert W. Baird with “Buy”. On Tuesday, February 21 the stock rating was initiated by JP Morgan with “Overweight”. The rating was maintained by Stifel Nicolaus on Thursday, July 6 with “Buy”. The stock of LKQ Corporation (NASDAQ:LKQ) earned “Buy” rating by Northcoast on Monday, February 12. Robert W. Baird maintained it with “Buy” rating and $47.0 target in Friday, December 22 report. The stock has “Buy” rating by Robert W. Baird on Wednesday, August 30. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, March 22.

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