Daiwa Securities Group Has Lowered Its Eaton (ETN) Position; Qualys (QLYS)’s Sentiment Is 1.63

January 16, 2018 - By Stephen Andrade

Daiwa Securities Group Inc decreased Eaton Corp (ETN) stake by 70.63% reported in 2017Q3 SEC filing. Daiwa Securities Group Inc sold 155,491 shares as Eaton Corp (ETN)’s stock rose 8.91%. The Daiwa Securities Group Inc holds 64,673 shares with $4.97 million value, down from 220,164 last quarter. Eaton Corp now has $36.90 billion valuation. The stock decreased 0.58% or $0.49 during the last trading session, reaching $83.75. About 149,512 shares traded. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since January 16, 2017 and is uptrending. It has outperformed by 14.32% the S&P500.

Qualys, Inc. provides cloud-based security and compliance solutions in the United States and internationally. The company has market cap of $2.46 billion. The firm offers Qualys Cloud Suite, which includes Vulnerability Management, Continuous Monitoring, Cloud Agent, AssetView, ThreatPROTECT, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, Web Application Scanning, and Web Application Firewall. It has a 58.78 P/E ratio. The Company’s integrated suite of security and compliance solutions delivered on its Qualys Cloud Platform enables clients to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions, and verify the implementation of such actions.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.07, from 1.07 in 2017Q2. It fall, as 59 investors sold ETN shares while 280 reduced holdings. 80 funds opened positions while 259 raised stakes. 330.10 million shares or 0.23% less from 330.85 million shares in 2017Q2 were reported. Valley Advisers holds 11,621 shares. Mai Cap has 9,805 shares. Endurance Wealth owns 0.21% invested in Eaton Corporation plc (NYSE:ETN) for 16,383 shares. Ancora Advisors Ltd Limited Liability Company holds 104,904 shares. Strs Ohio owns 424,997 shares. Diligent Invsts Limited Liability holds 0.38% of its portfolio in Eaton Corporation plc (NYSE:ETN) for 6,757 shares. Manufacturers Life Ins Co The holds 0.05% or 559,360 shares in its portfolio. Gulf Bancorp (Uk) Ltd holds 139,133 shares. Trillium Asset Limited holds 1.13% or 256,858 shares. Idaho-based Caprock Group Inc has invested 0.2% in Eaton Corporation plc (NYSE:ETN). Steinberg Global Asset Mngmt reported 63,077 shares. California Employees Retirement Systems reported 0.12% stake. Golub Grp Inc Ltd Liability has invested 0.11% in Eaton Corporation plc (NYSE:ETN). Deutsche Financial Bank Ag invested in 0.16% or 3.04 million shares. 256 were accumulated by Baystate Wealth Management Llc.

Analysts await Eaton Corporation plc (NYSE:ETN) to report earnings on February, 1. They expect $1.24 earnings per share, up 10.71% or $0.12 from last year’s $1.12 per share. ETN’s profit will be $546.34M for 16.89 P/E if the $1.24 EPS becomes a reality. After $1.25 actual earnings per share reported by Eaton Corporation plc for the previous quarter, Wall Street now forecasts -0.80% negative EPS growth.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 8 have Buy rating, 4 Sell and 17 Hold. Therefore 28% are positive. Eaton Corporation had 76 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Friday, February 3. The stock of Eaton Corporation plc (NYSE:ETN) has “Underperform” rating given on Monday, October 19 by CLSA. The stock of Eaton Corporation plc (NYSE:ETN) earned “Hold” rating by Vertical Research on Wednesday, August 26. Robert W. Baird upgraded the shares of ETN in report on Wednesday, January 3 to “Buy” rating. Bernstein maintained Eaton Corporation plc (NYSE:ETN) rating on Monday, May 2. Bernstein has “Market Perform” rating and $68 target. The stock of Eaton Corporation plc (NYSE:ETN) earned “Hold” rating by Jefferies on Thursday, October 5. As per Wednesday, August 10, the company rating was upgraded by Argus Research. The rating was maintained by RBC Capital Markets with “Hold” on Monday, July 10. RBC Capital Markets maintained it with “Sector Perform” rating and $65 target in Wednesday, November 2 report. The rating was downgraded by Vertical Research on Tuesday, January 3 to “Hold”.

Daiwa Securities Group Inc increased Hologic (NASDAQ:HOLX) stake by 61,442 shares to 157,241 valued at $5.77M in 2017Q3. It also upped Nutanix stake by 121,600 shares and now owns 200,000 shares. Ventas (NYSE:VTR) was raised too.

Goodman Financial Corp holds 4.44% of its portfolio in Qualys, Inc. for 175,450 shares. Ranger Investment Management L.P. owns 788,944 shares or 3.07% of their US portfolio. Moreover, Stanley has 2.04% invested in the company for 147,683 shares. The Massachusetts-based Portolan Capital Management Llc has invested 1.93% in the stock. Herald Investment Management Ltd, a United Kingdom-based fund reported 87,250 shares.

Analysts await Qualys, Inc. (NASDAQ:QLYS) to report earnings on February, 14. They expect $0.18 earnings per share, up 20.00% or $0.03 from last year’s $0.15 per share. QLYS’s profit will be $6.82 million for 89.97 P/E if the $0.18 EPS becomes a reality. After $0.21 actual earnings per share reported by Qualys, Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Ratings analysis reveals 50% of Qualys’s analysts are positive. Out of 4 Wall Street analysts rating Qualys, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $40.0 while the high is $41.0. The stock’s average target of $40.50 is -37.48% below today’s ($64.7748) share price. QLYS was included in 4 notes of analysts from September 12, 2016. On Tuesday, November 8 the stock rating was maintained by Imperial Capital with “Outperform”. Wells Fargo initiated the stock with “Market Perform” rating in Wednesday, January 11 report. First Analysis maintained Qualys, Inc. (NASDAQ:QLYS) rating on Monday, September 12. First Analysis has “Overweight” rating and $41.0 target. JP Morgan upgraded the stock to “Neutral” rating in Friday, November 4 report.

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