Emerging Sovereign Group Position in Alibaba Group Hldg LTD (BABA) Has Trimmed as Market Valuation Rose; Rothschild Capital Partners Trimmed Ecolab (ECL) Holding by $588,672; Market Valuation Rose

January 23, 2018 - By Peter Erickson

J Kevin Kenny Jr decreased its stake in Alibaba Group Hldg Ltd (BABA) by 53.51% based on its latest 2017Q3 regulatory filing with the SEC. Emerging Sovereign Group Llc sold 177,830 shares as the company’s stock rose 22.58% with the market. The hedge fund run by J Kevin Kenny Jr held 154,485 shares of the business services company at the end of 2017Q3, valued at $26.68M, down from 332,315 at the end of the previous reported quarter. Emerging Sovereign Group Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $472.16B market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $184.02. About 16.02 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 23, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Rothschild Capital Partners Llc decreased its stake in Ecolab Inc (ECL) by 6.79% based on its latest 2017Q3 regulatory filing with the SEC. Rothschild Capital Partners Llc sold 4,599 shares as the company’s stock rose 2.53% with the market. The hedge fund held 63,148 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $8.12M, down from 67,747 at the end of the previous reported quarter. Rothschild Capital Partners Llc who had been investing in Ecolab Inc for a number of months, seems to be less bullish one the $40.55B market cap company. The stock increased 0.42% or $0.59 during the last trading session, reaching $140.34. About 1.54 million shares traded or 41.39% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since January 23, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.25, from 0.94 in 2017Q2. It is positive, as 31 investors sold ECL shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Wendell David Assocs stated it has 3.19% in Ecolab Inc. (NYSE:ECL). Noesis Mangement owns 2.59% invested in Ecolab Inc. (NYSE:ECL) for 53,602 shares. Trustco Savings Bank N Y holds 3,950 shares or 0.49% of its portfolio. 340 are owned by Blume Capital Management. Triangle Securities Wealth Mgmt holds 0.41% or 5,358 shares. Lord Abbett Limited reported 132,300 shares. Arizona State Retirement reported 0.11% stake. Alta Cap Management holds 371,258 shares. New Mexico Educational Retirement Board stated it has 24,280 shares. Kbc Grp Inc Nv holds 0.3% or 257,306 shares in its portfolio. Fin Counselors invested in 70,242 shares. Aldebaran has 11,471 shares. Stone Run Cap Ltd Liability Co accumulated 21,825 shares. Van Strum & Towne holds 3.55% or 42,453 shares in its portfolio. Bb&T stated it has 0.03% in Ecolab Inc. (NYSE:ECL).

Rothschild Capital Partners Llc, which manages about $280.95 million and $209.98M US Long portfolio, upped its stake in Select Sector Spdr Tr (XLV) by 108,702 shares to 145,386 shares, valued at $11.88M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (AGG) by 29,447 shares in the quarter, for a total of 104,837 shares, and has risen its stake in Select Sector Spdr Tr (XLF).

Among 22 analysts covering Ecolab (NYSE:ECL), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. Ecolab had 57 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 7 by RBC Capital Markets. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 1. The rating was maintained by Nomura with “Neutral” on Tuesday, September 12. The stock of Ecolab Inc. (NYSE:ECL) has “Hold” rating given on Wednesday, September 6 by Stifel Nicolaus. Canaccord Genuity maintained Ecolab Inc. (NYSE:ECL) rating on Wednesday, August 2. Canaccord Genuity has “Buy” rating and $145 target. The firm has “Overweight” rating given on Friday, May 26 by JP Morgan. The firm has “Sell” rating given on Monday, March 14 by Goldman Sachs. Stifel Nicolaus maintained Ecolab Inc. (NYSE:ECL) on Tuesday, October 31 with “Hold” rating. Piper Jaffray maintained Ecolab Inc. (NYSE:ECL) on Tuesday, November 3 with “Overweight” rating. Credit Suisse maintained it with “Neutral” rating and $107 target in Wednesday, February 24 report.

Since August 3, 2017, it had 1 buy, and 1 sale for $9.04 million activity. $10.01 million worth of Ecolab Inc. (NYSE:ECL) shares were bought by GATES WILLIAM H III.

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on February, 20. They expect $1.40 earnings per share, up 12.00% or $0.15 from last year’s $1.25 per share. ECL’s profit will be $404.48 million for 25.06 P/E if the $1.40 EPS becomes a reality. After $1.37 actual earnings per share reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 2.19% EPS growth.

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