Contravisory Investment Management Decreased Honeywell Intl (HON) Position By $303,714; Inmarsat Plc (LON:ISAT) Had 5 Bullish Analysts

January 22, 2018 - By Darrin Black

Contravisory Investment Management Inc decreased Honeywell Intl Inc (HON) stake by 4.98% reported in 2017Q3 SEC filing. Contravisory Investment Management Inc sold 2,154 shares as Honeywell Intl Inc (HON)’s stock rose 5.49%. The Contravisory Investment Management Inc holds 41,080 shares with $5.82M value, down from 43,234 last quarter. Honeywell Intl Inc now has $119.77 billion valuation. The stock decreased 0.27% or $0.43 during the last trading session, reaching $158.26. About 379,040 shares traded. Honeywell International Inc. (NYSE:HON) has risen 17.66% since January 22, 2017 and is uptrending. It has outperformed by 0.96% the S&P500.

Among 22 analysts covering Inmarsat (LON:ISAT), 5 have Buy rating, 5 Sell and 12 Hold. Therefore 23% are positive. Inmarsat had 173 analyst reports since July 23, 2015 according to SRatingsIntel. Nomura maintained the stock with “Neutral” rating in Friday, October 9 report. The rating was maintained by Macquarie Research on Monday, October 10 with “Neutral”. The stock of Inmarsat Plc (LON:ISAT) earned “Neutral” rating by Haitong Securities on Tuesday, August 9. Deutsche Bank maintained Inmarsat Plc (LON:ISAT) rating on Friday, January 5. Deutsche Bank has “Buy” rating and GBX 850 target. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, May 16. The firm has “Overweight” rating by JP Morgan given on Friday, May 6. HSBC maintained the stock with “Hold” rating in Tuesday, March 15 report. On Thursday, November 16 the stock rating was maintained by Credit Suisse with “Outperform”. The company was maintained on Monday, November 13 by Jefferies. The stock of Inmarsat Plc (LON:ISAT) earned “Underweight” rating by Barclays Capital on Friday, September 15. See Inmarsat Plc (LON:ISAT) latest ratings:

19/01/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 600.00 New Target: GBX 570.00 Maintain
15/01/2018 Broker: Numis Securities Rating: Sell Old Target: GBX 400.00 New Target: GBX 400.00 Maintain
12/01/2018 Broker: RBC Capital Markets Rating: Outperform Old Target: GBX 825.00 New Target: GBX 825.00 Maintain
05/01/2018 Broker: Deutsche Bank Rating: Buy Old Target: GBX 850.00 New Target: GBX 850.00 Maintain
14/12/2017 Broker: Beaufort Securities Rating: Hold New Target: GBX 475.00 Maintain
11/12/2017 Broker: Goldman Sachs Rating: Neutral Old Target: GBX 860.00 New Target: GBX 580.00 Downgrade
01/12/2017 Broker: Jefferies Rating: Buy Old Target: GBX 1100.00 New Target: GBX 1000.00 Maintain
22/11/2017 Broker: Numis Securities Rating: Sell New Target: GBX 400.00 Maintain
17/11/2017 Broker: Citigroup Rating: Neutral Old Target: GBX 770.00 New Target: GBX 530.00 Maintain
17/11/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 695.00 New Target: GBX 600.00 Upgrade

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company has market cap of 2.35 billion GBP. The firm operates through five divisions: Maritime, US Government, Enterprise, Aviation, and Global Government. It has a 10.94 P/E ratio. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

The stock increased 2.31% or GBX 11.6 during the last trading session, reaching GBX 514. About 1.12 million shares traded. Inmarsat Plc (LON:ISAT) has 0.00% since January 22, 2017 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.18, from 0.96 in 2017Q2. It improved, as 42 investors sold HON shares while 453 reduced holdings. 99 funds opened positions while 465 raised stakes. 562.75 million shares or 0.04% less from 562.97 million shares in 2017Q2 were reported. Keating Investment Counselors owns 47,931 shares. Loomis Sayles Company Lp holds 488,610 shares or 0.15% of its portfolio. Lafayette Investments stated it has 0.11% in Honeywell International Inc. (NYSE:HON). Ohio-based Cincinnati Insurance has invested 1.04% in Honeywell International Inc. (NYSE:HON). Tru Of Oklahoma holds 1.68% or 23,803 shares. Highvista Strategies Ltd Llc holds 2,199 shares. Dynamic Advisors Solutions Limited Liability Co has invested 0.75% of its portfolio in Honeywell International Inc. (NYSE:HON). Teachers Retirement Of The State Of Kentucky accumulated 0.14% or 84,325 shares. Bridges Inv Mngmt reported 19,259 shares. 44,430 are owned by Lincluden Mngmt. 2,384 were reported by Intersect Capital Ltd Liability Corp. 1,162 are owned by Cwm Limited Liability Company. Sequoia Financial Advisors Lc has 3,709 shares for 0.06% of their portfolio. Hillsdale Inv reported 50 shares. Busey Trust Company holds 3,166 shares or 0.05% of its portfolio.

Since August 2, 2017, it had 0 buys, and 3 insider sales for $48.58 million activity. $798,211 worth of Honeywell International Inc. (NYSE:HON) was sold by Gautam Rajeev. $601,514 worth of Honeywell International Inc. (NYSE:HON) was sold by Deily Linnet F. Another trade for 341,701 shares valued at $47.18M was sold by Mahoney Timothy O..

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