Two Sigma Securities Position in Philip Morris Intl (PM) Increased by $871,794 as Valuation Rose; Harvey Investment Co Has Cut Stake in Idex (IEX) by $748,022

February 19, 2018 - By Henry Gaston

Two Sigma Securities Llc increased its stake in Philip Morris Intl Inc (PM) by 276.74% based on its latest 2017Q3 regulatory filing with the SEC. Two Sigma Securities Llc bought 7,854 shares as the company’s stock rose 10.69% with the market. The hedge fund held 10,692 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.19M, up from 2,838 at the end of the previous reported quarter. Two Sigma Securities Llc who had been investing in Philip Morris Intl Inc for a number of months, seems to be bullish on the $162.02 billion market cap company. The stock increased 0.60% or $0.62 during the last trading session, reaching $104.31. About 5.21 million shares traded or 1.09% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since February 19, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Harvey Investment Co Llc decreased its stake in Idex Corp (IEX) by 4.81% based on its latest 2017Q3 regulatory filing with the SEC. Harvey Investment Co Llc sold 6,182 shares as the company’s stock rose 15.50% with the market. The institutional investor held 122,343 shares of the fluid controls company at the end of 2017Q3, valued at $14.86M, down from 128,525 at the end of the previous reported quarter. Harvey Investment Co Llc who had been investing in Idex Corp for a number of months, seems to be less bullish one the $10.49B market cap company. The stock increased 0.28% or $0.39 during the last trading session, reaching $137.35. About 214,093 shares traded. IDEX Corporation (NYSE:IEX) has risen 30.97% since February 19, 2017 and is uptrending. It has outperformed by 14.27% the S&P500.

Since August 30, 2017, it had 0 buys, and 2 insider sales for $13.44 million activity. Azinovic Drago sold $1.62 million worth of stock or 14,000 shares.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.09, from 0.88 in 2017Q2. It increased, as 55 investors sold PM shares while 524 reduced holdings. 112 funds opened positions while 452 raised stakes. 1.10 billion shares or 0.12% more from 1.10 billion shares in 2017Q2 were reported. Westwood Holding Gp Incorporated has 0% invested in Philip Morris International Inc. (NYSE:PM). Central State Bank & owns 6,109 shares or 0.17% of their US portfolio. Whittier Of Nevada accumulated 0.68% or 65,682 shares. Ameritas Invest Prtn holds 0.21% or 37,715 shares. Pinnacle Assocs Ltd invested in 0.17% or 81,104 shares. Ivory Investment Mngmt Limited Liability Company holds 164,816 shares or 0.91% of its portfolio. Quantitative Systematic Strategies Ltd Liability Co invested in 14,895 shares or 0.44% of the stock. Homrich And Berg accumulated 0.4% or 45,951 shares. Regions Corp owns 232,030 shares. Palisade Capital Mngmt Ltd Liability Nj reported 97,326 shares. Premier Asset Mgmt Ltd Llc has invested 0.09% in Philip Morris International Inc. (NYSE:PM). 70,971 were accumulated by National Bank Of Hawaii. 6,147 were accumulated by Callahan Ltd Llc. 1.89 million are owned by Barclays Plc. Bar Harbor Ser reported 0.21% in Philip Morris International Inc. (NYSE:PM).

Among 19 analysts covering Philip Morris International (NYSE:PM), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Philip Morris International had 54 analyst reports since August 24, 2015 according to SRatingsIntel. As per Thursday, October 12, the company rating was maintained by Jefferies. The company was maintained on Monday, August 21 by Cowen & Co. The rating was upgraded by Vetr to “Buy” on Monday, August 24. The firm has “Buy” rating given on Thursday, September 28 by Goldman Sachs. The stock of Philip Morris International Inc. (NYSE:PM) earned “Hold” rating by Jefferies on Wednesday, October 5. The rating was upgraded by SBG Securities on Wednesday, July 20 to “Hold”. The firm earned “Buy” rating on Friday, October 20 by Societe Generale. Stifel Nicolaus maintained Philip Morris International Inc. (NYSE:PM) on Wednesday, January 10 with “Buy” rating. The firm has “Buy” rating by Bank of America given on Thursday, March 24. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, November 14 by CLSA.

Two Sigma Securities Llc, which manages about $1.09 billion US Long portfolio, decreased its stake in Ishares Tr (EFA) by 6,029 shares to 10,420 shares, valued at $714,000 in 2017Q3, according to the filing. It also reduced its holding in Credit Suisse Nassau Brh (NASDAQ:XIV) by 7,554 shares in the quarter, leaving it with 7,166 shares, and cut its stake in Citigroup Inc (NYSE:C).

Among 15 analysts covering IDEX Corporation (NYSE:IEX), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. IDEX Corporation had 53 analyst reports since September 29, 2015 according to SRatingsIntel. On Tuesday, July 4 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock has “Market Perform” rating by Bernstein on Monday, April 4. The stock of IDEX Corporation (NYSE:IEX) earned “Buy” rating by Robert W. Baird on Tuesday, January 30. RBC Capital Markets maintained it with “Hold” rating and $124.0 target in Wednesday, October 11 report. Wells Fargo maintained it with “Buy” rating and $165.0 target in Wednesday, January 31 report. RBC Capital Markets maintained the shares of IEX in report on Thursday, September 28 with “Hold” rating. Suntrust Robinson initiated the stock with “Neutral” rating in Tuesday, November 3 report. On Thursday, June 15 the stock rating was maintained by Jefferies with “Hold”. The stock of IDEX Corporation (NYSE:IEX) has “Hold” rating given on Friday, July 14 by Stifel Nicolaus. The rating was maintained by Oppenheimer on Tuesday, July 25 with “Hold”.

Harvey Investment Co Llc, which manages about $445.75 million and $506.77M US Long portfolio, upped its stake in Wabtec Corporation (NYSE:WAB) by 12,220 shares to 177,710 shares, valued at $13.46 million in 2017Q3, according to the filing.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.21, from 1.24 in 2017Q2. It is negative, as 20 investors sold IEX shares while 114 reduced holdings. 48 funds opened positions while 90 raised stakes. 73.36 million shares or 1.59% less from 74.55 million shares in 2017Q2 were reported. Aqr Mngmt has 0% invested in IDEX Corporation (NYSE:IEX). Comerica Fincl Bank reported 63,766 shares or 0.06% of all its holdings. Oakbrook Invs Ltd Liability Company owns 5,725 shares for 0.04% of their portfolio. Nordea Investment reported 3,339 shares stake. Mountain Pacific Advisers Id, Idaho-based fund reported 311,636 shares. Harvey Lc has 122,343 shares. Wells Fargo Mn holds 196,865 shares. Sei Invests Company holds 109,033 shares. Raymond James stated it has 161,182 shares or 0.04% of all its holdings. Artisan Partners Limited Partnership holds 446,388 shares. Magnetar Fincl Limited Co owns 3,769 shares. Oppenheimer Asset Incorporated stated it has 57,491 shares. Voya Investment Mngmt Limited Liability Com invested in 39,619 shares or 0.01% of the stock. 10,100 are owned by Nomura Asset Com Ltd. Metropolitan Life Insur Communications New York reported 75,131 shares.

Since August 30, 2017, it had 0 buys, and 2 sales for $1.16 million activity. 4,000 shares were sold by BUCKLEW JEFFREY D, worth $467,172.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: