Robotti Robert Has Trimmed Dana Holding (DAN) Stake by $2.63 Million; Share Value Rose; As Costco Wholesale New (COST) Share Price Rose, Jones Financial Companies Lllp Lifted by $2.03 Million Its Stake

January 18, 2018 - By Marie Mckinney

Jones Financial Companies Lllp increased its stake in Costco Wholesale Corp New (COST) by 229.75% based on its latest 2017Q3 regulatory filing with the SEC. Jones Financial Companies Lllp bought 12,363 shares as the company’s stock rose 1.54% with the market. The institutional investor held 17,744 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $2.92M, up from 5,381 at the end of the previous reported quarter. Jones Financial Companies Lllp who had been investing in Costco Wholesale Corp New for a number of months, seems to be bullish on the $84.09 billion market cap company. The stock decreased 0.41% or $0.78 during the last trading session, reaching $191.51. About 1.37M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since January 18, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Robotti Robert decreased its stake in Dana Holding Corp (DAN) by 49.92% based on its latest 2017Q3 regulatory filing with the SEC. Robotti Robert sold 97,500 shares as the company’s stock rose 1.03% with the market. The institutional investor held 97,825 shares of the o.e.m. company at the end of 2017Q3, valued at $2.74 million, down from 195,325 at the end of the previous reported quarter. Robotti Robert who had been investing in Dana Holding Corp for a number of months, seems to be less bullish one the $4.88B market cap company. The stock decreased 2.58% or $0.89 during the last trading session, reaching $33.66. About 851,893 shares traded. Dana Incorporated (NYSE:DAN) has risen 70.12% since January 18, 2017 and is uptrending. It has outperformed by 53.42% the S&P500.

Among 10 analysts covering Dana Holding Corp (NYSE:DAN), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Dana Holding Corp had 41 analyst reports since September 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, October 16 with “Buy”. The stock of Dana Incorporated (NYSE:DAN) has “Equal-Weight” rating given on Friday, October 20 by Barclays Capital. Barclays Capital maintained it with “Equal-Weight” rating and $26 target in Wednesday, August 2 report. On Thursday, July 13 the stock rating was downgraded by Susquehanna to “Negative”. Barclays Capital downgraded the stock to “Equal-Weight” rating in Wednesday, July 19 report. The stock of Dana Incorporated (NYSE:DAN) earned “Hold” rating by Deutsche Bank on Thursday, June 22. The firm has “Buy” rating given on Tuesday, October 3 by RBC Capital Markets. The stock of Dana Incorporated (NYSE:DAN) earned “Sector Perform” rating by RBC Capital Markets on Friday, July 22. On Friday, November 17 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Guggenheim on Monday, January 8 with “Buy”.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.05, from 1.08 in 2017Q2. It turned negative, as 21 investors sold DAN shares while 83 reduced holdings. 39 funds opened positions while 68 raised stakes. 137.76 million shares or 2.31% less from 141.01 million shares in 2017Q2 were reported. Ameriprise holds 712,438 shares or 0.01% of its portfolio. Kbc Group Nv invested 0% in Dana Incorporated (NYSE:DAN). Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Dana Incorporated (NYSE:DAN) for 5,055 shares. Us Bank De, a Minnesota-based fund reported 8,814 shares. Teton Advsr Inc holds 105,000 shares. Dupont Management Corp accumulated 40,065 shares or 0.03% of the stock. Moreover, Texas Permanent School Fund has 0.04% invested in Dana Incorporated (NYSE:DAN) for 105,625 shares. Alliancebernstein Lp owns 4.45 million shares or 0.09% of their US portfolio. Carroll Financial Associate reported 38 shares or 0% of all its holdings. Mutual Of America Cap Mngmt Ltd invested in 0.05% or 116,509 shares. Fisher Asset Management Limited owns 701,894 shares for 0.03% of their portfolio. Moreover, Silvercrest Asset Mngmt Group Incorporated Ltd Liability Corporation has 0.64% invested in Dana Incorporated (NYSE:DAN) for 2.31 million shares. Moreover, Bank & Trust Of Montreal Can has 0.01% invested in Dana Incorporated (NYSE:DAN) for 406,331 shares. Oakbrook Invests Limited Co holds 10,900 shares or 0.02% of its portfolio. Westfield Management Commerce Limited Partnership owns 1.34M shares.

Analysts await Dana Incorporated (NYSE:DAN) to report earnings on February, 8. They expect $0.54 earnings per share, down 8.47% or $0.05 from last year’s $0.59 per share. DAN’s profit will be $78.22M for 15.58 P/E if the $0.54 EPS becomes a reality. After $0.59 actual earnings per share reported by Dana Incorporated for the previous quarter, Wall Street now forecasts -8.47% negative EPS growth.

Robotti Robert, which manages about $364.54 million US Long portfolio, upped its stake in Atwood Oceanics Inc (NYSE:ATW) by 106,985 shares to 1.29 million shares, valued at $12.10 million in 2017Q3, according to the filing. It also increased its holding in Dawson Geophysical Co (TGE) by 200,000 shares in the quarter, for a total of 222,845 shares, and has risen its stake in Radnet Inc (NASDAQ:RDNT).

Jones Financial Companies Lllp, which manages about $36.76B US Long portfolio, decreased its stake in Ishares Russell 1000 Growth Etf (IWF) by 65,879 shares to 6.42M shares, valued at $803.13M in 2017Q3, according to the filing. It also reduced its holding in Jp Morgan Chase & Co (NYSE:JPM) by 4,912 shares in the quarter, leaving it with 63,735 shares, and cut its stake in Capital One Financial Corp (NYSE:COF).

Since August 1, 2017, it had 0 insider purchases, and 15 sales for $16.19 million activity. Another trade for 1,000 shares valued at $164,920 was made by MEISENBACH JOHN W on Monday, October 2. The insider LIBENSON RICHARD M sold 20,000 shares worth $3.86M. 5,000 shares were sold by Rose Timothy L., worth $966,000. GALANTI RICHARD A sold $802,892 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, October 20. Vachris Roland Michael had sold 5,200 shares worth $977,510. 5,000 shares were sold by Murphy James P., worth $937,421.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale had 119 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wells Fargo given on Monday, June 26. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Mkt Perform” rating given on Monday, February 6 by Bernstein. Cowen & Co maintained the shares of COST in report on Monday, June 19 with “Buy” rating. The rating was reinitiated by Credit Suisse on Thursday, December 8 with “Outperform”. As per Friday, October 6, the company rating was maintained by Oppenheimer. On Friday, October 6 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The rating was reinitiated by Stifel Nicolaus with “Buy” on Friday, January 20. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Robert W. Baird on Thursday, December 14. Citigroup maintained the shares of COST in report on Friday, October 6 with “Buy” rating. On Friday, December 15 the stock rating was maintained by Cowen & Co with “Buy”.

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