Bank Of Montreal Has Trimmed Lpl Finl Hldgs (LPLA) Holding; Kensico Capital Management Has Raised By $65.45 Million Its Western Digital (WDC) Stake

February 15, 2018 - By Marguerite Chambers

Kensico Capital Management Corp increased Western Digital Corp (WDC) stake by 228.18% reported in 2017Q3 SEC filing. Kensico Capital Management Corp acquired 761,000 shares as Western Digital Corp (WDC)’s stock rose 15.69%. The Kensico Capital Management Corp holds 1.09M shares with $94.57M value, up from 333,508 last quarter. Western Digital Corp now has $24.80 billion valuation. The stock increased 0.43% or $0.36 during the last trading session, reaching $83.33. About 3.27 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since February 15, 2017 and is uptrending. It has outperformed by 109.15% the S&P500.

Bank Of Montreal decreased Lpl Finl Hldgs Inc (LPLA) stake by 28.25% reported in 2017Q3 SEC filing. Bank Of Montreal sold 49,947 shares as Lpl Finl Hldgs Inc (LPLA)’s stock declined 1.46%. The Bank Of Montreal holds 126,828 shares with $6.54M value, down from 176,775 last quarter. Lpl Finl Hldgs Inc now has $5.77 billion valuation. The stock increased 2.17% or $1.36 during the last trading session, reaching $64.03. About 933,169 shares traded or 17.88% up from the average. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since February 15, 2017 and is uptrending. It has outperformed by 47.53% the S&P500.

Investors sentiment increased to 2 in 2017 Q3. Its up 0.73, from 1.27 in 2017Q2. It improved, as 18 investors sold LPLA shares while 46 reduced holdings. 54 funds opened positions while 74 raised stakes. 80.35 million shares or 0.14% more from 80.24 million shares in 2017Q2 were reported. Tower Research Cap Ltd Co (Trc) holds 238 shares. State Street Corp holds 0.01% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 1.26M shares. Alliancebernstein Ltd Partnership holds 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 51,983 shares. Utah Retirement System invested in 0.02% or 16,176 shares. Comml Bank Of The West accumulated 15,950 shares. First Mercantile Trust holds 2,111 shares. Jpmorgan Chase & holds 0.01% or 656,891 shares in its portfolio. 6,656 were accumulated by Metropolitan Life Insur. Zacks Investment Mngmt reported 38,809 shares stake. Apg Asset Mngmt Nv holds 55,600 shares or 0% of its portfolio. Alpha Windward Lc stated it has 0.03% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Citadel Advsr Limited Liability Co holds 0.03% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 803,107 shares. Fny Managed Accounts Limited Liability Company has 0.04% invested in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 672 shares. Texas-based Wildcat Cap Mgmt Limited Liability Corporation has invested 1.92% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Citigroup has invested 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA).

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. LPL Financial Holdings had 46 analyst reports since August 6, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of LPLA in report on Thursday, December 21 with “Buy” rating. JP Morgan downgraded LPL Financial Holdings Inc. (NASDAQ:LPLA) on Wednesday, October 12 to “Neutral” rating. The firm has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. The stock has “Neutral” rating by Nomura on Monday, July 11. Credit Suisse initiated the stock with “Buy” rating in Thursday, November 30 report. Credit Suisse downgraded the shares of LPLA in report on Monday, August 22 to “Neutral” rating. The firm has “Sell” rating by Citigroup given on Tuesday, January 12. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) earned “Buy” rating by Citigroup on Monday, October 30. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Neutral” rating given on Tuesday, January 10 by Goldman Sachs. The company was maintained on Thursday, October 5 by Morgan Stanley.

Bank Of Montreal increased Penney J C Inc (Put) (NYSE:JCP) stake by 337,200 shares to 987,900 valued at $3.76 million in 2017Q3. It also upped Ishares Tr (IYH) stake by 105,797 shares and now owns 244,980 shares. Spdr Index Shs Fds (GWX) was raised too.

Since February 5, 2018, it had 0 buys, and 2 selling transactions for $1.88 million activity. Shares for $626,068 were sold by Kalbaugh John Andrew. $1.25 million worth of stock was sold by Morrissey William P. Jr. on Monday, February 5.

Since August 14, 2017, it had 0 buys, and 8 insider sales for $14.26 million activity. LONG MARK P sold 1,517 shares worth $134,239. CORDANO MICHAEL D also sold $302,975 worth of Western Digital Corporation (NASDAQ:WDC) shares. The insider MILLIGAN STEPHEN D sold $8.00 million. RAY MICHAEL CHARLES sold $3.04 million worth of stock. Another trade for 3,098 shares valued at $263,330 was sold by Sivaram Srinivasan. Another trade for 20,130 shares valued at $1.66M was made by BHATIA MANISH H on Friday, August 18.

Investors sentiment is 1.12 in Q3 2017. Its the same as in 2017Q2. It has no change, as 65 investors sold WDC shares while 212 reduced holdings. only 69 funds opened positions while 240 raised stakes. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. 457,400 are owned by Lord Abbett And Lc. Duncker Streett Com holds 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 400 shares. Lpl Lc reported 0.03% in Western Digital Corporation (NASDAQ:WDC). Pub Employees Retirement System Of Ohio, Ohio-based fund reported 154,430 shares. Nomura stated it has 46,077 shares. Moreover, Mackenzie has 0.08% invested in Western Digital Corporation (NASDAQ:WDC). Zacks Invest Management holds 0.02% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 8,310 shares. Massachusetts Fincl Ma owns 233,086 shares. Plante Moran Advsr Ltd Liability Corporation invested 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Of Vermont holds 0% or 420 shares. Olstein Management Lp, a New York-based fund reported 118,000 shares. Regions Finance holds 34,490 shares or 0.03% of its portfolio. Kensico holds 1.43% or 1.09M shares in its portfolio. 33,434 are owned by Stephens Ar. Aviva Public Ltd Company has invested 0.09% in Western Digital Corporation (NASDAQ:WDC).

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By1 Marguerite Chambers

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