Advisors Asset Management Holds Holding in Symantec (SYMC); Lowes Cos Com (LOW) Stake Lifted by M Holdings Securities Inc

February 15, 2018 - By Vivian Park

Advisors Asset Management Inc increased its stake in Symantec Corp (SYMC) by 92.72% based on its latest 2017Q3 regulatory filing with the SEC. Advisors Asset Management Inc bought 38,251 shares as the company’s stock rose 0.76% with the market. The institutional investor held 79,507 shares of the prepackaged software company at the end of 2017Q3, valued at $2.61M, up from 41,256 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Symantec Corp for a number of months, seems to be bullish on the $17.11B market cap company. The stock increased 1.91% or $0.515 during the last trading session, reaching $27.535. About 2.36 million shares traded. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since February 15, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

M Holdings Securities Inc increased its stake in Lowes Cos Inc Com (LOW) by 58.55% based on its latest 2017Q3 regulatory filing with the SEC. M Holdings Securities Inc bought 5,456 shares as the company’s stock rose 10.23% with the market. The institutional investor held 14,774 shares of the consumer services company at the end of 2017Q3, valued at $1.18 million, up from 9,318 at the end of the previous reported quarter. M Holdings Securities Inc who had been investing in Lowes Cos Inc Com for a number of months, seems to be bullish on the $79.64B market cap company. The stock decreased 0.98% or $0.95 during the last trading session, reaching $95.98. About 3.00 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since February 15, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Since September 19, 2017, it had 0 buys, and 2 insider sales for $778,532 activity. Ramsay Paul D sold $163,675 worth of stock.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.01, from 1.03 in 2017Q2. It improved, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Arvest Commercial Bank Trust Division accumulated 1.64% or 287,112 shares. Panagora Asset Mngmt reported 0.34% in Lowe's Companies, Inc. (NYSE:LOW). Moreover, Cap Fund has 0.42% invested in Lowe's Companies, Inc. (NYSE:LOW) for 732,645 shares. Norinchukin Retail Bank The stated it has 0.2% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Iberiabank holds 0.05% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 3,417 shares. Stoneridge Invest Prtn Limited Co holds 0.72% or 57,351 shares in its portfolio. Buckingham Asset Ltd Llc holds 0.12% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 6,074 shares. Segall Bryant And Hamill Limited Liability Corporation owns 0.08% invested in Lowe's Companies, Inc. (NYSE:LOW) for 44,039 shares. Patten Grp Inc accumulated 0.25% or 104,900 shares. Hamel Associate Inc stated it has 0.12% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Wellington Mgmt Gru Llp has 6.86M shares. Amer Financial Bank invested 0.01% in Lowe's Companies, Inc. (NYSE:LOW). 2.47M are held by Dimensional Fund Lp. Hugh Johnson Advsrs Ltd Liability Corporation holds 59,350 shares or 1.42% of its portfolio. First Trust, a Pennsylvania-based fund reported 21,488 shares.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 87 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Neutral” rating given on Tuesday, November 28 by Atlantic Securities. The firm earned “Market Perform” rating on Thursday, December 8 by Telsey Advisory Group. The firm has “Overweight” rating by Atlantic Securities given on Tuesday, November 24. RBC Capital Markets maintained it with “Buy” rating and $114.0 target in Monday, February 12 report. The firm earned “Neutral” rating on Thursday, October 6 by Cleveland. The stock has “Buy” rating by Robert W. Baird on Wednesday, November 22. Bernstein initiated it with “Underperform” rating and $66 target in Monday, February 6 report. The firm has “Buy” rating by UBS given on Thursday, November 23. As per Tuesday, January 16, the company rating was maintained by Credit Suisse. The stock has “Buy” rating by Jefferies on Monday, February 5.

M Holdings Securities Inc, which manages about $733.83 million and $316.99 million US Long portfolio, decreased its stake in Gilead Sciences Inc Com (NASDAQ:GILD) by 4,431 shares to 6,091 shares, valued at $493,000 in 2017Q3, according to the filing.

Since August 28, 2017, it had 0 insider buys, and 15 sales for $9.01 million activity. Cappellanti-Wolf Amy L. sold $147,836 worth of stock. Noviello Nicholas R sold $230,640 worth of Symantec Corporation (NASDAQ:SYMC) on Thursday, September 7. 10,622 shares were sold by TAYLOR SCOTT C, worth $348,668 on Monday, September 25. On Monday, September 18 the insider Sands Anita M sold $67,016. 14,804 shares were sold by Rosch Francis C, worth $443,935. $82,025 worth of Symantec Corporation (NASDAQ:SYMC) shares were sold by Vautrinot Suzanne M.

Advisors Asset Management Inc, which manages about $16.50B and $5.97 billion US Long portfolio, decreased its stake in Wells Fargo Global Dividend (EOD) by 382,719 shares to 984,362 shares, valued at $6.17 million in 2017Q3, according to the filing. It also reduced its holding in Annaly Cap Mgmt Inc (NYSE:NLY) by 37,124 shares in the quarter, leaving it with 1.31M shares, and cut its stake in Regeneron Pharmaceuticals (NASDAQ:REGN).

Among 31 analysts covering Symantec (NASDAQ:SYMC), 9 have Buy rating, 3 Sell and 19 Hold. Therefore 29% are positive. Symantec had 90 analyst reports since August 11, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of SYMC in report on Wednesday, September 6 with “Hold” rating. On Friday, March 11 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The firm earned “Sector Perform” rating on Wednesday, January 20 by RBC Capital Markets. M Partners maintained Symantec Corporation (NASDAQ:SYMC) rating on Friday, February 5. M Partners has “Neutral” rating and $22 target. Stifel Nicolaus maintained the shares of SYMC in report on Wednesday, January 31 with “Hold” rating. The firm earned “Overweight” rating on Thursday, August 3 by Barclays Capital. The firm earned “Buy” rating on Friday, August 19 by Citigroup. The firm has “Hold” rating given on Friday, August 5 by Wunderlich. The firm has “Hold” rating given on Thursday, June 8 by Jefferies. On Monday, October 9 the stock rating was downgraded by Cowen & Co to “Sell”.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.09, from 0.95 in 2017Q2. It turned negative, as 48 investors sold SYMC shares while 170 reduced holdings. 55 funds opened positions while 133 raised stakes. 571.53 million shares or 3.02% more from 554.80 million shares in 2017Q2 were reported. Grantham Mayo Van Otterloo & Ltd Company invested 0.03% in Symantec Corporation (NASDAQ:SYMC). The Maryland-based Proshare Lc has invested 0.08% in Symantec Corporation (NASDAQ:SYMC). Aperio Group Incorporated Ltd Co holds 252,356 shares or 0.05% of its portfolio. Nj State Employees Deferred Compensation Plan accumulated 0.18% or 30,000 shares. Liberty Mutual Grp Asset Mgmt invested 0.05% in Symantec Corporation (NASDAQ:SYMC). Cwm Limited has 0% invested in Symantec Corporation (NASDAQ:SYMC). San Francisco Sentry Inv Gp (Ca) invested 0% in Symantec Corporation (NASDAQ:SYMC). Nebraska-based Farmers Merchants Invs has invested 0% in Symantec Corporation (NASDAQ:SYMC). First Manhattan has 129,376 shares for 0.02% of their portfolio. Exxonmobil Inv Mgmt Tx reported 112,224 shares. Ajo LP has 0% invested in Symantec Corporation (NASDAQ:SYMC). Hodges Cap Inc holds 0.01% in Symantec Corporation (NASDAQ:SYMC) or 6,300 shares. Srs Invest Management Ltd Llc owns 6.94 million shares or 4.7% of their US portfolio. 190,764 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Hartford Mgmt, Connecticut-based fund reported 131,786 shares.

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