Cummins (CMI) Holder Albert D Mason Has Increased Holding; As Global Pmts (GPN) Stock Rose, Junto Capital Management LP Lowered Its Stake by $13.12 Million

January 22, 2018 - By Marguerite Chambers

Albert D Mason Inc increased its stake in Cummins Inc. (CMI) by 70.26% based on its latest 2017Q3 regulatory filing with the SEC. Albert D Mason Inc bought 2,355 shares as the company’s stock rose 1.30% with the market. The institutional investor held 5,707 shares of the industrial machinery and components company at the end of 2017Q3, valued at $959,000, up from 3,352 at the end of the previous reported quarter. Albert D Mason Inc who had been investing in Cummins Inc. for a number of months, seems to be bullish on the $31.38 billion market cap company. The stock increased 2.92% or $5.36 during the last trading session, reaching $189.08. About 1.81 million shares traded or 28.52% up from the average. Cummins Inc. (NYSE:CMI) has risen 43.32% since January 22, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.

Junto Capital Management Lp decreased its stake in Global Pmts Inc (GPN) by 30.99% based on its latest 2017Q3 regulatory filing with the SEC. Junto Capital Management Lp sold 138,100 shares as the company’s stock rose 15.51% with the market. The institutional investor held 307,512 shares of the business services company at the end of 2017Q3, valued at $29.22 million, down from 445,612 at the end of the previous reported quarter. Junto Capital Management Lp who had been investing in Global Pmts Inc for a number of months, seems to be less bullish one the $17.19 billion market cap company. The stock increased 1.72% or $1.83 during the last trading session, reaching $108.01. About 1.08 million shares traded. Global Payments Inc. (NYSE:GPN) has risen 21.35% since January 22, 2017 and is uptrending. It has outperformed by 4.65% the S&P500.

Among 28 analysts covering Cummins (NYSE:CMI), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Cummins had 93 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $165.0 target in Friday, October 20 report. The rating was maintained by Argus Research with “Buy” on Wednesday, October 28. Morgan Stanley downgraded the stock to “Underweight” rating in Wednesday, October 28 report. RBC Capital Markets maintained the shares of CMI in report on Tuesday, October 10 with “Hold” rating. The firm has “Buy” rating by Goldman Sachs given on Tuesday, October 11. On Wednesday, September 6 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 5. Evercore upgraded the shares of CMI in report on Monday, November 7 to “Buy” rating. The stock has “Buy” rating by Longbow on Thursday, January 19. The stock of Cummins Inc. (NYSE:CMI) has “Neutral” rating given on Wednesday, October 28 by Robert W. Baird.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It is positive, as 57 investors sold CMI shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Wharton Business Group Inc Limited Liability Corp has invested 0.02% of its portfolio in Cummins Inc. (NYSE:CMI). Richard Bernstein Advsr holds 0.15% or 12,719 shares. Kopp Advisors Ltd Co stated it has 5,773 shares or 0.89% of all its holdings. Tradewinds Cap Management Llc accumulated 11 shares. Cetera Advisor Netwr Lc holds 5,390 shares or 0.04% of its portfolio. Acadian Asset Mngmt Ltd Liability Co reported 35,369 shares or 0.03% of all its holdings. Price T Rowe Assocs Md accumulated 489,888 shares or 0.01% of the stock. Pennsylvania Trust invested in 0.04% or 4,852 shares. Goelzer Invest Inc stated it has 0.04% in Cummins Inc. (NYSE:CMI). Ftb Advisors has invested 0.28% in Cummins Inc. (NYSE:CMI). Carroll Fin holds 552 shares. Baystate Wealth Mngmt Limited Co reported 130 shares or 0% of all its holdings. Focused Wealth Management holds 0.01% or 200 shares. Dekabank Deutsche Girozentrale accumulated 63,251 shares. Apg Asset Nv accumulated 1.96M shares or 0.54% of the stock.

Albert D Mason Inc, which manages about $397.92 million and $124.41 million US Long portfolio, decreased its stake in Avery Dennison Corp. (NYSE:AVY) by 5,645 shares to 13,777 shares, valued at $1.36 million in 2017Q3, according to the filing. It also reduced its holding in Aptargroup Inc. (NYSE:ATR) by 6,609 shares in the quarter, leaving it with 17,150 shares, and cut its stake in Mccormick & Company Inc. (NYSE:MKC).

Since August 9, 2017, it had 0 insider purchases, and 1 insider sale for $260,085 activity.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.19, from 0.89 in 2017Q2. It improved, as 26 investors sold GPN shares while 139 reduced holdings. 59 funds opened positions while 120 raised stakes. 155.40 million shares or 5.29% more from 147.59 million shares in 2017Q2 were reported. Sei Invests invested in 0.08% or 247,962 shares. 21,168 are held by Mason Street Advsr Ltd Limited Liability Company. Clinton Grp Incorporated Inc reported 0.16% of its portfolio in Global Payments Inc. (NYSE:GPN). Marshall Wace Ltd Liability Partnership invested 0.02% in Global Payments Inc. (NYSE:GPN). State Treasurer State Of Michigan has 68,164 shares for 0.05% of their portfolio. Hennessy Advsr invested 0.04% in Global Payments Inc. (NYSE:GPN). Cornerstone Capital Mgmt Liability Corp owns 0.02% invested in Global Payments Inc. (NYSE:GPN) for 26,130 shares. Affinity Wealth Management stated it has 0.22% of its portfolio in Global Payments Inc. (NYSE:GPN). Sg Americas Securities Ltd Limited Liability Company has 15,809 shares for 0.01% of their portfolio. Great Lakes Advsrs Lc holds 0.05% or 23,259 shares in its portfolio. North American reported 5,252 shares. Moreover, Sumitomo Mitsui Asset Management has 0.02% invested in Global Payments Inc. (NYSE:GPN). Friess Assoc Limited Liability Corp, Wyoming-based fund reported 204,817 shares. Whittier Tru has invested 0% in Global Payments Inc. (NYSE:GPN). Texas Permanent School Fund stated it has 42,258 shares or 0.05% of all its holdings.

Among 37 analysts covering Global Payments Inc. (NYSE:GPN), 30 have Buy rating, 1 Sell and 6 Hold. Therefore 81% are positive. Global Payments Inc. had 107 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, August 3. The company was maintained on Wednesday, October 21 by RBC Capital Markets. The company was maintained on Wednesday, June 21 by Keefe Bruyette & Woods. Barclays Capital maintained it with “Equal Weight” rating and $85 target in Friday, September 30 report. As per Thursday, January 4, the company rating was maintained by Mizuho. The firm has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus. The firm earned “Buy” rating on Monday, June 5 by RBC Capital Markets. The stock has “Buy” rating by Goldman Sachs on Thursday, September 15. The firm has “Buy” rating by Mizuho given on Friday, October 13. RBC Capital Markets maintained Global Payments Inc. (NYSE:GPN) on Thursday, November 9 with “Buy” rating.

Since August 10, 2017, it had 0 insider buys, and 15 sales for $15.42 million activity. Another trade for 26,000 shares valued at $2.60M was sold by BALDWIN ROBERT H B JR. The insider SILBERSTEIN ALAN M sold 600 shares worth $56,244. Sacchi Guido Francesco sold $2.47 million worth of stock. MANGUM DAVID E sold $7.16 million worth of stock.

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