Private Wealth Partners Lifted Its Salesforce Com (CRM) Position by $1.10 Million; Gates Capital Management Lowered Its Darling Ingredients (DAR) Stake as Stock Price Declined

April 23, 2018 - By Nellie Frank

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Jeffrey Gates decreased its stake in Darling Ingredients Inc (DAR) by 52.89% based on its latest 2017Q4 regulatory filing with the SEC. Gates Capital Management Inc sold 2.22 million shares as the company’s stock declined 4.74% with the market. The hedge fund run by Jeffrey Gates held 1.98 million shares of the packaged foods company at the end of 2017Q4, valued at $35.88M, down from 4.20M at the end of the previous reported quarter. Gates Capital Management Inc who had been investing in Darling Ingredients Inc for a number of months, seems to be less bullish one the $2.82 billion market cap company. The stock decreased 0.70% or $0.12 during the last trading session, reaching $17.12. About 250,738 shares traded. Darling Ingredients Inc. (NYSE:DAR) has risen 18.69% since April 23, 2017 and is uptrending. It has outperformed by 7.14% the S&P500.

Private Wealth Partners Llc increased its stake in Salesforce Com Inc (CRM) by 146.97% based on its latest 2017Q4 regulatory filing with the SEC. Private Wealth Partners Llc bought 10,752 shares as the company’s stock rose 10.89% while stock markets declined. The institutional investor held 18,068 shares of the prepackaged software company at the end of 2017Q4, valued at $1.85M, up from 7,316 at the end of the previous reported quarter. Private Wealth Partners Llc who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $89.05 billion market cap company. The stock decreased 1.07% or $1.32 during the last trading session, reaching $121.5. About 1.88M shares traded. salesforce.com, inc. (NYSE:CRM) has risen 39.46% since April 23, 2017 and is uptrending. It has outperformed by 27.91% the S&P500.

Since October 24, 2017, it had 4 insider buys, and 147 selling transactions for $90.02 million activity. 5,000 shares were sold by Benioff Marc, worth $595,402 on Tuesday, April 10. The insider Conway Craig sold $69,414. Another trade for 10,000 shares valued at $1.20M was made by Martinez Maria on Thursday, April 5. Robbins Cynthia G. had sold 290 shares worth $32,908. On Thursday, March 22 BLOCK KEITH sold $1.20 million worth of salesforce.com, inc. (NYSE:CRM) or 10,000 shares. Hawkins Mark J also sold $863,251 worth of salesforce.com, inc. (NYSE:CRM) shares.

Among 55 analysts covering Salesforce.com (NYSE:CRM), 49 have Buy rating, 1 Sell and 5 Hold. Therefore 89% are positive. Salesforce.com had 231 analyst reports since August 21, 2015 according to SRatingsIntel. On Thursday, January 12 the stock rating was downgraded by Pivotal Research to “Hold”. The rating was maintained by Morgan Stanley on Thursday, November 19 with “Overweight”. JMP Securities maintained salesforce.com, inc. (NYSE:CRM) on Thursday, March 1 with “Market Outperform” rating. The stock of salesforce.com, inc. (NYSE:CRM) has “Hold” rating given on Saturday, August 22 by TheStreet. The company was maintained on Tuesday, October 10 by Stifel Nicolaus. The rating was maintained by Jefferies on Thursday, August 27 with “Sell”. The firm has “Buy” rating by Citigroup given on Wednesday, February 21. The stock of salesforce.com, inc. (NYSE:CRM) has “Outperform” rating given on Thursday, May 19 by Credit Suisse. The firm has “Buy” rating by Guggenheim given on Thursday, March 1. The rating was maintained by Suntrust Robinson on Thursday, November 23 with “Buy”.

Investors sentiment decreased to 1.19 in Q4 2017. Its down 0.15, from 1.34 in 2017Q3. It dived, as 39 investors sold CRM shares while 274 reduced holdings. 110 funds opened positions while 261 raised stakes. 608.21 million shares or 0.25% less from 609.74 million shares in 2017Q3 were reported. Chesley Taft Associates Ltd owns 70,574 shares. The Cayman Islands-based Quantres Asset Limited has invested 0.57% in salesforce.com, inc. (NYSE:CRM). Aldebaran holds 14,570 shares. Barclays Public Limited Liability has 899,963 shares for 0.08% of their portfolio. 3.57 million are held by Arrowstreet Cap Limited Partnership. Schroder Inv Mngmt Group reported 0.05% stake. New York-based Tompkins has invested 0.05% in salesforce.com, inc. (NYSE:CRM). Altimeter LP holds 0.56% or 105,000 shares. Stephens Investment Management Ltd Llc holds 0.07% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 28,102 shares. Moreover, Dowling & Yahnke Ltd Limited Liability Company has 0.25% invested in salesforce.com, inc. (NYSE:CRM) for 26,822 shares. Lenox Wealth Advsr holds 545 shares or 0.02% of its portfolio. Us National Bank & Trust De holds 0.06% or 203,543 shares. Commerzbank Aktiengesellschaft Fi holds 0.3% or 238,135 shares in its portfolio. Brown Cap Management Limited Liability Company holds 0.01% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 5,475 shares. Hbk Sorce Advisory Llc stated it has 0.04% of its portfolio in salesforce.com, inc. (NYSE:CRM).

Private Wealth Partners Llc, which manages about $794.14M and $540.54 million US Long portfolio, decreased its stake in Priceline Grp Inc (NASDAQ:PCLN) by 995 shares to 2,849 shares, valued at $4.95 million in 2017Q4, according to the filing. It also reduced its holding in General Electric Co (NYSE:GE) by 163,900 shares in the quarter, leaving it with 23,325 shares, and cut its stake in Celgene Corp (NASDAQ:CELG).

Among 10 analysts covering Darling Ingredients (NYSE:DAR), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Darling Ingredients had 30 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, March 1 by BMO Capital Markets. The stock of Darling Ingredients Inc. (NYSE:DAR) earned “Buy” rating by BMO Capital Markets on Thursday, August 10. The stock of Darling Ingredients Inc. (NYSE:DAR) has “Buy” rating given on Monday, December 18 by Robert W. Baird. Canaccord Genuity maintained the shares of DAR in report on Monday, November 6 with “Buy” rating. BMO Capital Markets maintained the shares of DAR in report on Thursday, November 9 with “Buy” rating. The stock has “Neutral” rating by JP Morgan on Wednesday, October 28. Roth Capital maintained Darling Ingredients Inc. (NYSE:DAR) on Tuesday, October 24 with “Buy” rating. Zacks downgraded Darling Ingredients Inc. (NYSE:DAR) on Friday, August 21 to “Hold” rating. BMO Capital Markets maintained the shares of DAR in report on Monday, June 26 with “Buy” rating. The stock of Darling Ingredients Inc. (NYSE:DAR) earned “Hold” rating by J.P. Morgan on Friday, October 6.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.01, from 1.04 in 2017Q3. It dropped, as 20 investors sold DAR shares while 82 reduced holdings. 32 funds opened positions while 73 raised stakes. 158.23 million shares or 0.37% more from 157.64 million shares in 2017Q3 were reported. Ny State Common Retirement Fund stated it has 1.31M shares. Cornerstone Advsr holds 0% or 35 shares. Swiss National Bank & Trust has 0.01% invested in Darling Ingredients Inc. (NYSE:DAR) for 280,400 shares. Hightower Advisors Lc reported 23,325 shares. Susquehanna Grp Limited Liability Partnership stated it has 0% of its portfolio in Darling Ingredients Inc. (NYSE:DAR). Moreover, Comerica Bank has 0.02% invested in Darling Ingredients Inc. (NYSE:DAR) for 190,321 shares. 849,191 are owned by Panagora Asset Mngmt. First Advsr Ltd Partnership stated it has 0.01% of its portfolio in Darling Ingredients Inc. (NYSE:DAR). Royal Bank Of Canada reported 0.02% in Darling Ingredients Inc. (NYSE:DAR). Harber Asset Llc holds 2.24% or 353,194 shares in its portfolio. The Illinois-based Peak6 Investments LP has invested 0% in Darling Ingredients Inc. (NYSE:DAR). Suntrust Banks owns 38,401 shares or 0% of their US portfolio. Laurion Mgmt Lp invested 0.01% in Darling Ingredients Inc. (NYSE:DAR). Whittier Of Nevada holds 0% or 912 shares in its portfolio. 1.81M were reported by Eagle Asset Management.

Gates Capital Management Inc, which manages about $3.48 billion and $4.17 billion US Long portfolio, upped its stake in S&P Global Inc by 164,633 shares to 470,463 shares, valued at $79.70 million in 2017Q4, according to the filing. It also increased its holding in Vista Outdoor Inc by 122,908 shares in the quarter, for a total of 3.86M shares, and has risen its stake in Altaba Inc.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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