Piedmont Investment Advisors Has Decreased Its Snap On Com (SNA) Position; Portalplayer (PLAY)’s Sentiment Is 1.26

November 15, 2017 - By Hazel Jackson

Piedmont Investment Advisors Llc decreased Snap On Inc Com (SNA) stake by 34.04% reported in 2017Q2 SEC filing. Piedmont Investment Advisors Llc sold 9,289 shares as Snap On Inc Com (SNA)’s stock declined 3.98%. The Piedmont Investment Advisors Llc holds 17,998 shares with $2.84 million value, down from 27,287 last quarter. Snap On Inc Com now has $8.92B valuation. The stock declined 0.14% or $0.22 reaching $156.41 per share. About 29,346 shares traded. Snap-on Incorporated (NYSE:SNA) has risen 2.47% since November 15, 2016 and is uptrending. It has underperformed by 14.23% the S&P500.

About 89,856 shares traded. Dave & Buster’s Entertainment, Inc. (PLAY) has risen 74.20% since November 15, 2016 and is uptrending. It has outperformed by 57.50% the S&P500.

Piedmont Investment Advisors Llc increased Bank Amer Corp Com (NYSE:BAC) stake by 322,719 shares to 2.59 million valued at $62.74 million in 2017Q2. It also upped Unitedhealth Group Inc Com (NYSE:UNH) stake by 5,702 shares and now owns 241,736 shares. Popular Inc Com New (NASDAQ:BPOP) was raised too.

Analysts await Snap-on Incorporated (NYSE:SNA) to report earnings on February, 1. They expect $2.66 earnings per share, up 7.69% or $0.19 from last year’s $2.47 per share. SNA’s profit will be $151.70M for 14.70 P/E if the $2.66 EPS becomes a reality. After $2.45 actual earnings per share reported by Snap-on Incorporated for the previous quarter, Wall Street now forecasts 8.57% EPS growth.

Among 9 analysts covering Snap-on (NYSE:SNA), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Snap-on had 25 analyst reports since August 20, 2015 according to SRatingsIntel. As per Tuesday, May 30, the company rating was maintained by Oppenheimer. Robert W. Baird maintained it with “Buy” rating and $184.0 target in Thursday, October 5 report. The stock has “Buy” rating by CL King on Tuesday, June 28. The firm has “Buy” rating by Oppenheimer given on Sunday, June 11. On Thursday, April 13 the stock rating was maintained by IBC with “Outperform”. The stock has “Buy” rating by Oppenheimer on Thursday, July 20. The stock of Snap-on Incorporated (NYSE:SNA) earned “Buy” rating by Longbow on Monday, October 5. The firm has “Buy” rating given on Tuesday, June 27 by Oppenheimer. The firm earned “Hold” rating on Tuesday, August 15 by Jefferies. The firm has “Buy” rating by FBR Capital given on Friday, July 21.

Investors sentiment decreased to 1.16 in Q2 2017. Its down 0.12, from 1.28 in 2017Q1. It worsened, as 51 investors sold SNA shares while 170 reduced holdings. 70 funds opened positions while 187 raised stakes. 52.24 million shares or 5.14% more from 49.69 million shares in 2017Q1 were reported. Redmond Asset Management Ltd Limited Liability Company reported 4,170 shares. San Francisco Sentry Group Incorporated (Ca) stated it has 0.04% in Snap-on Incorporated (NYSE:SNA). Shelton Cap Management reported 6,924 shares. Robeco Institutional Asset Mgmt Bv invested 0% in Snap-on Incorporated (NYSE:SNA). Profund Advisors Ltd Liability, a Maryland-based fund reported 1,774 shares. 9,894 are held by M&T Financial Bank. Pioneer Investment Mngmt reported 0.01% in Snap-on Incorporated (NYSE:SNA). Piedmont Investment holds 0.06% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 17,998 shares. Amalgamated Retail Bank has invested 0.06% in Snap-on Incorporated (NYSE:SNA). Hahn Cap Mngmt Limited Liability Corp has invested 0% in Snap-on Incorporated (NYSE:SNA). Bessemer Gp holds 0.54% in Snap-on Incorporated (NYSE:SNA) or 841,774 shares. 1,440 were reported by Carnegie Asset Limited Liability. C Ww Group Inc Holdings A S holds 0.03% or 12,677 shares. Mu Invs Communications accumulated 280 shares or 0.03% of the stock. Kayne Anderson Rudnick Investment Mgmt Limited Liability Corp owns 476,660 shares.

Ratings analysis reveals 100% of Dave & Busters’s analysts are positive. Out of 2 Wall Street analysts rating Dave & Busters, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. PLAY was included in 2 notes of analysts from October 12, 2016. Wells Fargo initiated Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) on Wednesday, October 12 with “Outperform” rating. The stock has “Buy” rating by Canaccord Genuity on Wednesday, December 7.

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By1 Hazel Jackson

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