Innospec (IOSP) Shareholder Opus Capital Group Trimmed Stake as Share Price Declined; Sumitomo Life Insurance Company Cut Lowes Cos Com (LOW) Stake by $830,392 as Market Valuation Declined

April 17, 2018 - By Winifred Garcia

Innospec Inc. (NASDAQ:IOSP) Logo

Sumitomo Life Insurance Company decreased its stake in Lowes Cos Inc Com (LOW) by 15.92% based on its latest 2017Q4 regulatory filing with the SEC. Sumitomo Life Insurance Company sold 9,026 shares as the company’s stock declined 5.74% with the market. The institutional investor held 47,665 shares of the consumer services company at the end of 2017Q4, valued at $4.43 million, down from 56,691 at the end of the previous reported quarter. Sumitomo Life Insurance Company who had been investing in Lowes Cos Inc Com for a number of months, seems to be less bullish one the $71.38B market cap company. The stock increased 0.44% or $0.375 during the last trading session, reaching $86.435. About 1.63 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since April 17, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Opus Capital Group Llc decreased its stake in Innospec Inc (IOSP) by 12.23% based on its latest 2017Q4 regulatory filing with the SEC. Opus Capital Group Llc sold 5,334 shares as the company’s stock declined 1.23% with the market. The institutional investor held 38,292 shares of the major chemicals company at the end of 2017Q4, valued at $2.70M, down from 43,626 at the end of the previous reported quarter. Opus Capital Group Llc who had been investing in Innospec Inc for a number of months, seems to be less bullish one the $1.80B market cap company. The stock decreased 0.14% or $0.1 during the last trading session, reaching $72.65. About 21,142 shares traded. Innospec Inc. (NASDAQ:IOSP) has risen 10.33% since April 17, 2017 and is uptrending. It has underperformed by 1.22% the S&P500.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.03, from 1.04 in 2017Q3. It fall, as 48 investors sold LOW shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported. Westwood Holdings Gru holds 0.01% or 8,050 shares in its portfolio. Matarin Cap Mgmt stated it has 0.44% in Lowe's Companies, Inc. (NYSE:LOW). Woodmont Counsel Ltd Limited Liability Company has 3,401 shares. Tradition Cap Management Ltd Liability holds 0.86% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 34,178 shares. Umb Fincl Bank N A Mo has invested 0.07% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Of Oklahoma reported 0.2% in Lowe's Companies, Inc. (NYSE:LOW). Clear Harbor Asset Management Limited Liability Corporation holds 0.2% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 11,585 shares. Alta Capital Ltd Co reported 183,739 shares stake. Choate Inv Advsr holds 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 12,254 shares. Usca Ria Ltd Liability accumulated 48,449 shares. Newman Dignan Sheerar holds 20,404 shares. Sumitomo Mitsui Hldgs accumulated 2.45M shares or 0.29% of the stock. Tower Bridge Advsr reported 37,423 shares. North Star Corporation accumulated 2,991 shares. Gemmer Asset Mgmt Ltd Liability Company, California-based fund reported 838 shares.

Among 35 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Lowe’s Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. RBC Capital Markets maintained the stock with “Buy” rating in Friday, February 2 report. The rating was upgraded by Telsey Advisory Group on Thursday, January 25 to “Outperform”. On Monday, December 19 the stock rating was downgraded by Citigroup to “Neutral”. Piper Jaffray maintained the shares of LOW in report on Wednesday, August 23 with “Hold” rating. Jefferies maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Thursday, July 20. Jefferies has “Hold” rating and $8900 target. On Wednesday, November 22 the stock rating was maintained by SunTrust with “Hold”. The rating was maintained by Stifel Nicolaus on Wednesday, January 24 with “Buy”. Atlantic Securities upgraded Lowe's Companies, Inc. (NYSE:LOW) on Tuesday, November 24 to “Overweight” rating. The firm has “Neutral” rating by JP Morgan given on Tuesday, March 6.

Sumitomo Life Insurance Company, which manages about $797.05 million US Long portfolio, upped its stake in Helmerich & Payne Inc Com (NYSE:HP) by 9,655 shares to 24,391 shares, valued at $1.58 million in 2017Q4, according to the filing. It also increased its holding in American Tower Corp New Com (NYSE:AMT) by 3,323 shares in the quarter, for a total of 16,421 shares, and has risen its stake in Capital One Finl Corp Com (NYSE:COF).

Analysts await Lowe's Companies, Inc. (NYSE:LOW) to report earnings on May, 23. They expect $1.29 earnings per share, up 25.24% or $0.26 from last year’s $1.03 per share. LOW’s profit will be $1.07 billion for 16.75 P/E if the $1.29 EPS becomes a reality. After $0.74 actual earnings per share reported by Lowe's Companies, Inc. for the previous quarter, Wall Street now forecasts 74.32% EPS growth.

Among 4 analysts covering Innospec (NASDAQ:IOSP), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Innospec had 8 analyst reports since October 12, 2015 according to SRatingsIntel. As per Monday, December 19, the company rating was downgraded by Monness Crespi. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, November 9. The stock of Innospec Inc. (NASDAQ:IOSP) has “Neutral” rating given on Monday, October 12 by Monness Crespi & Hardt. The stock of Innospec Inc. (NASDAQ:IOSP) earned “Buy” rating by Monness Crespi & Hardt on Tuesday, August 22. Monness Crespi & Hardt downgraded the stock to “Neutral” rating in Thursday, November 9 report. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, April 5. As per Friday, November 4, the company rating was maintained by Monness Crespi. The rating was upgraded by Johnson Rice on Tuesday, November 14 to “Accumulate”.

Lowe's Companies, Inc. (NYSE:LOW) Institutional Positions Chart

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