Louisiana State Employees Retirement System Has Raised Silgan Holdings (SLGN) Holding; Evermay Wealth Management Trimmed Position in Pfizer (PFE) as Market Valuation Declined

November 15, 2017 - By Peter Erickson

Evermay Wealth Management Llc decreased its stake in Pfizer Inc (PFE) by 15.4% based on its latest 2017Q2 regulatory filing with the SEC. Evermay Wealth Management Llc sold 9,695 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 53,243 shares of the health care company at the end of 2017Q2, valued at $1.79 million, down from 62,938 at the end of the previous reported quarter. Evermay Wealth Management Llc who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $210.89B market cap company. The stock rose 0.37% or $0.13 reaching $35.51. About 148,262 shares traded. Pfizer Inc. (NYSE:PFE) has declined 2.76% since November 15, 2016 and is downtrending. It has underperformed by 19.46% the S&P500.

Louisiana State Employees Retirement System increased its stake in Silgan Holdings Inc (SLGN) by 106.32% based on its latest 2017Q2 regulatory filing with the SEC. Louisiana State Employees Retirement System bought 10,100 shares as the company’s stock rose 2.46% with the market. The institutional investor held 19,600 shares of the containers and packaging company at the end of 2017Q2, valued at $623,000, up from 9,500 at the end of the previous reported quarter. Louisiana State Employees Retirement System who had been investing in Silgan Holdings Inc for a number of months, seems to be bullish on the $3.16 billion market cap company. It closed at $28.59 lastly. It is down 26.81% since November 15, 2016 and is uptrending. It has outperformed by 10.11% the S&P500.

Investors sentiment increased to 5.12 in 2017 Q2. Its up 3.72, from 1.4 in 2017Q1. It improved, as 28 investors sold SLGN shares while 5 reduced holdings. 32 funds opened positions while 137 raised stakes. 143.55 million shares or 305.01% more from 35.44 million shares in 2017Q1 were reported. State Of Wisconsin Board stated it has 14,780 shares or 0% of all its holdings. Chicago Equity Prtnrs Limited Liability Company accumulated 0.02% or 28,700 shares. Moreover, Balyasny Asset Mngmt Ltd Limited Liability Company has 0% invested in Silgan Holdings Inc. (NASDAQ:SLGN) for 17,328 shares. Ohio-based Meeder Asset Management has invested 0.01% in Silgan Holdings Inc. (NASDAQ:SLGN). Gotham Asset Mgmt Lc has invested 0.09% in Silgan Holdings Inc. (NASDAQ:SLGN). The Switzerland-based Swiss Bancshares has invested 0% in Silgan Holdings Inc. (NASDAQ:SLGN). First Tru Advsr Lp holds 0.02% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN) for 234,492 shares. Nuveen Asset Limited Liability Company accumulated 39,700 shares. New York-based Lazard Asset Lc has invested 0.02% in Silgan Holdings Inc. (NASDAQ:SLGN). Winfield Assocs stated it has 156 shares. Dimensional Fund Advisors Lp reported 0.02% in Silgan Holdings Inc. (NASDAQ:SLGN). Liberty Mutual Grp Incorporated Asset Management owns 31,339 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems owns 0.01% invested in Silgan Holdings Inc. (NASDAQ:SLGN) for 10,945 shares. Qs Invsts Lc owns 0% invested in Silgan Holdings Inc. (NASDAQ:SLGN) for 10,566 shares. Three Peaks Cap Management holds 291,740 shares.

Among 12 analysts covering Silgan Holdings Inc. (NASDAQ:SLGN), 2 have Buy rating, 2 Sell and 8 Hold. Therefore 17% are positive. Silgan Holdings Inc. had 30 analyst reports since September 15, 2015 according to SRatingsIntel. Robert W. Baird upgraded the stock to “Outperform” rating in Tuesday, January 5 report. On Thursday, January 21 the stock rating was upgraded by BMO Capital Markets to “Market Perform”. Robert W. Baird maintained Silgan Holdings Inc. (NASDAQ:SLGN) on Tuesday, October 10 with “Hold” rating. The stock has “Equal Weight” rating by Barclays Capital on Monday, October 26. As per Friday, September 15, the company rating was maintained by BMO Capital Markets. As per Wednesday, June 8, the company rating was downgraded by BMO Capital Markets. The stock has “Sell” rating by Zacks on Monday, September 21. On Thursday, August 24 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. BMO Capital Markets maintained the stock with “Buy” rating in Friday, July 7 report. The company was upgraded on Tuesday, January 24 by BMO Capital Markets.

Since May 19, 2017, it had 0 insider purchases, and 1 sale for $63,220 activity. Andreacchi Anthony P had sold 2,000 shares worth $63,220 on Wednesday, May 31.

Louisiana State Employees Retirement System, which manages about $2.04B US Long portfolio, decreased its stake in Home Bancshares Inc (NASDAQ:HOMB) by 18,500 shares to 32,900 shares, valued at $819,000 in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (IVV) by 1,700 shares in the quarter, leaving it with 56,200 shares, and cut its stake in Gartner Inc (NYSE:IT).

More news for Silgan Holdings Inc. (NASDAQ:SLGN) were recently published by: Seekingalpha.com, which released: “Silgan Holdings (SLGN) Q2 2017 Results – Earnings Call Transcript” on July 26, 2017. Finance.Yahoo.com‘s article titled: “Silgan (SLGN) Q3 Earnings Miss Estimates, Trims ’17 Guidance” and published on October 26, 2017 is yet another important article.

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.01, from 0.95 in 2017Q1. It fall, as 58 investors sold PFE shares while 716 reduced holdings. 112 funds opened positions while 612 raised stakes. 4.02 billion shares or 1.07% less from 4.06 billion shares in 2017Q1 were reported. Cibc Asset Management holds 0.23% or 993,030 shares. Atria Invests Lc has invested 0.42% of its portfolio in Pfizer Inc. (NYSE:PFE). Gabelli Funds Ltd Co accumulated 1.10M shares or 0.22% of the stock. Tctc Lc holds 2.4% or 1.05M shares in its portfolio. Moreover, Shoker Investment Counsel has 1% invested in Pfizer Inc. (NYSE:PFE) for 37,981 shares. Livingston Grp Asset (Operating As Southport Cap Management) invested in 33,407 shares or 0.49% of the stock. Heritage Wealth Advsrs has invested 1.03% in Pfizer Inc. (NYSE:PFE). 25,198 are owned by American Asset. Cohen Capital invested 0.58% of its portfolio in Pfizer Inc. (NYSE:PFE). Integral Derivatives Limited reported 47,442 shares stake. Asset Management Of Georgia Ga Adv has invested 1.24% in Pfizer Inc. (NYSE:PFE). Value Capital holds 15.09% or 250,000 shares. James Rech has invested 0.8% of its portfolio in Pfizer Inc. (NYSE:PFE). Hutchinson Capital Mgmt Ca invested in 0.51% or 53,641 shares. Weybosset And Ltd Liability Corp holds 11,347 shares.

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on January, 30. They expect $0.55 earnings per share, up 17.02% or $0.08 from last year’s $0.47 per share. PFE’s profit will be $3.27 billion for 16.14 P/E if the $0.55 EPS becomes a reality. After $0.67 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -17.91% negative EPS growth.

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