Oppenheimer Asset Management Decreased By $596,673 Its Lowes Cos (LOW) Holding; Strs Ohio Has Trimmed Avnet (AVT) Stake By $7.03 Million

December 7, 2017 - By Nellie Frank

Oppenheimer Asset Management Inc decreased Lowes Cos Inc (LOW) stake by 12.95% reported in 2017Q2 SEC filing. Oppenheimer Asset Management Inc sold 7,749 shares as Lowes Cos Inc (LOW)’s stock rose 10.23%. The Oppenheimer Asset Management Inc holds 52,081 shares with $4.04M value, down from 59,830 last quarter. Lowes Cos Inc now has $68.47 billion valuation. The stock decreased 4.53% or $3.91 during the last trading session, reaching $82.4. About 12.29M shares traded or 88.93% up from the average. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since December 7, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Strs Ohio decreased Avnet Inc. (AVT) stake by 99.1% reported in 2017Q2 SEC filing. Strs Ohio sold 185,000 shares as Avnet Inc. (AVT)’s stock declined 20.08%. The Strs Ohio holds 1,678 shares with $65,000 value, down from 186,678 last quarter. Avnet Inc. now has $4.81 billion valuation. The stock decreased 1.31% or $0.53 during the last trading session, reaching $39.81. About 859,796 shares traded or 4.66% up from the average. Avnet, Inc. (NYSE:AVT) has declined 4.87% since December 7, 2016 and is downtrending. It has underperformed by 21.57% the S&P500.

Investors sentiment decreased to 0.84 in 2017 Q2. Its down 0.42, from 1.26 in 2017Q1. It worsened, as 45 investors sold AVT shares while 120 reduced holdings. 54 funds opened positions while 85 raised stakes. 116.57 million shares or 4.05% less from 121.50 million shares in 2017Q1 were reported. Duncker Streett Incorporated holds 0.01% or 600 shares. Blue Harbour Group Limited Partnership reported 1.34M shares or 2% of all its holdings. Creative Planning has invested 0% in Avnet, Inc. (NYSE:AVT). Aperio Gru Ltd invested in 129,221 shares. Caisse De Depot Et Placement Du Quebec reported 141,100 shares or 0.01% of all its holdings. Buckhead Cap Management Lc reported 100,000 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Systems has invested 0.01% in Avnet, Inc. (NYSE:AVT). 348 were accumulated by Gemmer Asset Management Limited Liability Company. Dimensional Fund Advsrs LP invested 0.07% of its portfolio in Avnet, Inc. (NYSE:AVT). Apg Asset Mgmt Nv has invested 0.01% in Avnet, Inc. (NYSE:AVT). Euclidean Techs Mngmt Ltd Llc reported 44,154 shares. Pennsylvania-based Susquehanna Llp has invested 0% in Avnet, Inc. (NYSE:AVT). The Michigan-based State Treasurer State Of Michigan has invested 0.02% in Avnet, Inc. (NYSE:AVT). Weaver C Barksdale And Associate invested 0.12% in Avnet, Inc. (NYSE:AVT). Ww Asset Mgmt has 10,394 shares.

Strs Ohio increased Monsanto Company (NYSE:MON) stake by 87,165 shares to 364,636 valued at $43.16M in 2017Q2. It also upped Royal Caribbean Cruises Ltd (NYSE:RCL) stake by 91,600 shares and now owns 271,600 shares. Triton International Ltd/Ber was raised too.

Among 10 analysts covering Avnet Inc. (NYSE:AVT), 0 have Buy rating, 3 Sell and 7 Hold. Therefore 0 are positive. Avnet Inc. had 28 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Wednesday, March 1 by Goldman Sachs. The firm has “Hold” rating by Stifel Nicolaus given on Sunday, September 10. Citigroup maintained the shares of AVT in report on Thursday, September 22 with “Sell” rating. Stifel Nicolaus maintained the shares of AVT in report on Thursday, October 26 with “Hold” rating. The stock of Avnet, Inc. (NYSE:AVT) earned “Hold” rating by Stifel Nicolaus on Tuesday, September 20. Stifel Nicolaus maintained the shares of AVT in report on Wednesday, August 9 with “Hold” rating. The stock of Avnet, Inc. (NYSE:AVT) has “Hold” rating given on Thursday, October 26 by SunTrust. Suntrust Robinson downgraded Avnet, Inc. (NYSE:AVT) on Friday, April 28 to “Hold” rating. On Friday, January 22 the stock rating was upgraded by Longbow to “Buy”. The company was maintained on Thursday, August 11 by Citigroup.

Analysts await Avnet, Inc. (NYSE:AVT) to report earnings on January, 25. They expect $0.72 EPS, down 6.49% or $0.05 from last year’s $0.77 per share. AVT’s profit will be $87.07 million for 13.82 P/E if the $0.72 EPS becomes a reality. After $0.76 actual EPS reported by Avnet, Inc. for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.03, from 1 in 2017Q1. It improved, as 79 investors sold LOW shares while 402 reduced holdings. 108 funds opened positions while 386 raised stakes. 606.01 million shares or 2.56% less from 621.93 million shares in 2017Q1 were reported. City Hldgs owns 53,981 shares. 9,158 are owned by Advisory Services Ltd. Camarda Fincl Llc has 0.01% invested in Lowe's Companies, Inc. (NYSE:LOW). Hbk LP invested in 0.04% or 54,900 shares. Gamco Invsts Et Al has 14,950 shares for 0.01% of their portfolio. Virginia Retirement Systems Et Al owns 0.01% invested in Lowe's Companies, Inc. (NYSE:LOW) for 8,300 shares. Stifel Fincl invested in 0.18% or 639,245 shares. Lodge Hill Limited Liability has 4.43% invested in Lowe's Companies, Inc. (NYSE:LOW). Gam Holding Ag holds 118,121 shares or 0.14% of its portfolio. California Employees Retirement reported 2.13M shares. Kingdon Capital Management Ltd Liability Corp reported 168,284 shares. Strategic Advsrs Llc invested 0.11% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Pacific Alternative Asset Com Ltd has 0.5% invested in Lowe's Companies, Inc. (NYSE:LOW) for 25,130 shares. Pinebridge Invests LP invested 0.33% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Axa has 573,113 shares for 0.2% of their portfolio.

Among 31 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 17 have Buy rating, 1 Sell and 13 Hold. Therefore 55% are positive. Lowe’s Companies Inc. had 72 analyst reports since August 19, 2015 according to SRatingsIntel. Jefferies maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, August 23 with “Hold” rating. The rating was upgraded by Atlantic Securities on Tuesday, November 24 to “Overweight”. On Friday, September 29 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Buy” rating given on Thursday, November 19 by Argus Research. KeyBanc Capital Markets maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, November 22. KeyBanc Capital Markets has “Buy” rating and $98.0 target. The rating was downgraded by Citigroup to “Neutral” on Monday, December 19. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Zelman on Thursday, November 19. Topeka Capital Markets initiated the shares of LOW in report on Tuesday, May 24 with “Hold” rating. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, August 24. The stock has “Hold” rating by Jefferies on Friday, May 13.

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By1 Nellie Frank




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