As Raytheon Co (RTN) Market Valuation Rose, Verity & Verity Decreased by $370,512 Its Stake; Jacobs Levy Equity Management Has Boosted Its Werner Enterprises (WERN) Position by $7.83 Million

February 15, 2018 - By reb123z

Jacobs Levy Equity Management Inc increased its stake in Werner Enterprises (WERN) by 390.64% based on its latest 2017Q3 regulatory filing with the SEC. Jacobs Levy Equity Management Inc bought 217,545 shares as the company’s stock declined 7.18% while stock markets rallied. The institutional investor held 273,235 shares of the transportation company at the end of 2017Q3, valued at $9.99M, up from 55,690 at the end of the previous reported quarter. Jacobs Levy Equity Management Inc who had been investing in Werner Enterprises for a number of months, seems to be bullish on the $2.80B market cap company. The stock increased 0.13% or $0.05 during the last trading session, reaching $38.6. About 13,759 shares traded. Werner Enterprises, Inc. (NASDAQ:WERN) has risen 10.52% since February 15, 2017 and is uptrending. It has underperformed by 6.18% the S&P500.

Verity & Verity Llc decreased its stake in Raytheon Co (RTN) by 5.49% based on its latest 2017Q3 regulatory filing with the SEC. Verity & Verity Llc sold 1,992 shares as the company’s stock rose 4.85% with the market. The institutional investor held 34,296 shares of the industrial machinery and components company at the end of 2017Q3, valued at $6.40 million, down from 36,288 at the end of the previous reported quarter. Verity & Verity Llc who had been investing in Raytheon Co for a number of months, seems to be less bullish one the $62.01 billion market cap company. The stock increased 0.91% or $1.928 during the last trading session, reaching $214.508. About 100,790 shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since February 15, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Investors sentiment increased to 1.55 in 2017 Q3. Its up 0.30, from 1.25 in 2017Q2. It increased, as 15 investors sold WERN shares while 47 reduced holdings. 46 funds opened positions while 50 raised stakes. 43.60 million shares or 0.95% less from 44.02 million shares in 2017Q2 were reported. Chicago Equity Partners Ltd Liability Corp reported 59,785 shares or 0.07% of all its holdings. Creative Planning holds 0% of its portfolio in Werner Enterprises, Inc. (NASDAQ:WERN) for 16,310 shares. Ftb Inc accumulated 187 shares. Advsr Asset Mgmt reported 4,799 shares. Thrivent Finance For Lutherans stated it has 0% in Werner Enterprises, Inc. (NASDAQ:WERN). Amalgamated Bancshares invested in 0.01% or 6,402 shares. Riverhead Capital Mngmt Ltd Liability holds 0% or 2,247 shares. Macquarie Limited invested 0.11% in Werner Enterprises, Inc. (NASDAQ:WERN). Metropolitan Life Ins Ny holds 0.02% or 72,926 shares in its portfolio. Meeder Asset Mgmt Incorporated invested in 29,165 shares or 0.12% of the stock. 26,370 were accumulated by Ajo Lp. Balyasny Asset Management Lc has invested 0.01% in Werner Enterprises, Inc. (NASDAQ:WERN). Hodges Mngmt Incorporated has 0.89% invested in Werner Enterprises, Inc. (NASDAQ:WERN). Speece Thorson Capital Gp invested in 3.4% or 446,871 shares. Qcm Cayman holds 6,079 shares or 0.57% of its portfolio.

Since September 20, 2017, it had 0 insider buys, and 1 insider sale for $616,984 activity.

Jacobs Levy Equity Management Inc, which manages about $10.42B and $5.14B US Long portfolio, decreased its stake in T (NYSE:TMUS) by 7,640 shares to 93,301 shares, valued at $5.75 million in 2017Q3, according to the filing. It also reduced its holding in Renewable Energy Group Inc (NASDAQ:REGI) by 49,585 shares in the quarter, leaving it with 77,200 shares, and cut its stake in Spdr S & P 500 Etf Trust (SPY).

Among 20 analysts covering Werner Enterprises Inc (NASDAQ:WERN), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Werner Enterprises Inc had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Werner Enterprises, Inc. (NASDAQ:WERN) earned “Neutral” rating by Credit Suisse on Tuesday, January 30. The stock of Werner Enterprises, Inc. (NASDAQ:WERN) earned “Market Perform” rating by Wells Fargo on Friday, October 20. Cowen & Co maintained the stock with “Market Perform” rating in Wednesday, October 21 report. The company was maintained on Monday, January 8 by Susquehanna. Robert W. Baird maintained it with “Hold” rating and $38.0 target in Friday, November 10 report. On Monday, February 22 the stock rating was upgraded by Bank of America to “Neutral”. The stock has “Underperform” rating by Bank of America on Tuesday, January 30. The stock of Werner Enterprises, Inc. (NASDAQ:WERN) earned “Hold” rating by Deutsche Bank on Monday, November 14. The rating was maintained by Stifel Nicolaus on Monday, July 24 with “Hold”. JP Morgan downgraded Werner Enterprises, Inc. (NASDAQ:WERN) rating on Tuesday, June 21. JP Morgan has “Neutral” rating and $23 target.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.09, from 1.12 in 2017Q2. It improved, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. Ameriprise Inc holds 0.03% or 325,092 shares in its portfolio. First Citizens Bancshares And Comm has 0.05% invested in Raytheon Company (NYSE:RTN) for 2,062 shares. Winslow Mngmt Limited Liability Company reported 1.32% of its portfolio in Raytheon Company (NYSE:RTN). 41,380 are held by Cambridge Rech Advisors. 138,170 are owned by Nomura Asset Mngmt. Cypress Management reported 59,796 shares. Strategy Asset Managers Limited holds 0.81% in Raytheon Company (NYSE:RTN) or 21,142 shares. Ballentine Prtn Ltd Liability Corp stated it has 1,756 shares. Pennsylvania Tru Co holds 60,838 shares. Pineno Levin Ford Asset holds 0.16% or 1,903 shares. Wealthfront invested in 16,851 shares. Gabelli Funds Ltd Llc holds 10,000 shares or 0.01% of its portfolio. Folger Nolan Fleming Douglas Cap Mgmt stated it has 2,900 shares or 0.08% of all its holdings. Mairs & Power Inc holds 0% in Raytheon Company (NYSE:RTN) or 1,435 shares. Fort Washington Inv Advisors Oh invested in 0.05% or 15,935 shares.

Verity & Verity Llc, which manages about $217.83 million and $342.96 million US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 14,583 shares to 45,263 shares, valued at $2.35 million in 2017Q3, according to the filing. It also increased its holding in International Business Machs (NYSE:IBM) by 3,830 shares in the quarter, for a total of 49,406 shares, and has risen its stake in Alps Etf Tr (AMLP).

Since August 14, 2017, it had 0 insider buys, and 5 sales for $2.06 million activity. Jimenez Frank R also sold $718,217 worth of Raytheon Company (NYSE:RTN) on Monday, January 29. Long Letitia A sold $120,790 worth of stock. Shares for $410,738 were sold by Wood Michael J on Friday, January 26. $690,304 worth of Raytheon Company (NYSE:RTN) shares were sold by Lawrence Taylor W.

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