Bragg Financial Advisors Increased Its Stake in Coca Cola Co (KO) by $891,990; Adi Capital Management Cut T Mobile Us (TMUS) Holding by $3.74 Million as Stock Price Rose

February 22, 2018 - By Peter Erickson

Adi Capital Management Llc decreased its stake in T Mobile Us Inc (TMUS) by 32.32% based on its latest 2017Q3 regulatory filing with the SEC. Adi Capital Management Llc sold 61,300 shares as the company’s stock rose 3.83% with the market. The institutional investor held 128,366 shares of the public utilities company at the end of 2017Q3, valued at $7.92M, down from 189,666 at the end of the previous reported quarter. Adi Capital Management Llc who had been investing in T Mobile Us Inc for a number of months, seems to be less bullish one the $50.77B market cap company. The stock decreased 1.80% or $1.09 during the last trading session, reaching $59.42. About 2.97M shares traded. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since February 22, 2017 and is uptrending. It has outperformed by 45.93% the S&P500.

Bragg Financial Advisors Inc increased its stake in Coca Cola Co (KO) by 58.55% based on its latest 2017Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc bought 19,822 shares as the company’s stock rose 6.48% with the market. The institutional investor held 53,676 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $2.42M, up from 33,854 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Coca Cola Co for a number of months, seems to be bullish on the $184.66 billion market cap company. The stock decreased 1.48% or $0.65 during the last trading session, reaching $43.34. About 12.79M shares traded or 2.92% up from the average. The Coca-Cola Company (NYSE:KO) has declined 0.95% since February 22, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.30, from 1.36 in 2017Q2. It dived, as 62 investors sold TMUS shares while 161 reduced holdings. 67 funds opened positions while 169 raised stakes. 279.18 million shares or 0.29% more from 278.36 million shares in 2017Q2 were reported. Connecticut-based Aqr Cap Management Limited has invested 0.01% in T-Mobile US, Inc. (NASDAQ:TMUS). Jpmorgan Chase And holds 3.18 million shares or 0.04% of its portfolio. Panagora Asset Management reported 79,855 shares. 1.97M are owned by Federated Pa. 23,915 are owned by Chesley Taft And Limited Com. Ins Company Tx accumulated 61,975 shares. Css Limited Liability Corporation Il stated it has 6,182 shares or 0.02% of all its holdings. Axa reported 6,661 shares. New York-based Rafferty Asset Mgmt Limited Com has invested 0.04% in T-Mobile US, Inc. (NASDAQ:TMUS). Numeric Ltd owns 569,700 shares. Ameritas Invest Prtn has invested 0.05% in T-Mobile US, Inc. (NASDAQ:TMUS). Point72 Asset LP holds 110,920 shares. 5,555 are held by Badgley Phelps And Bell Inc. Palestra Cap Limited Liability Company owns 968,884 shares or 3.7% of their US portfolio. M&T Retail Bank reported 0.02% stake.

Analysts await T-Mobile US, Inc. (NASDAQ:TMUS) to report earnings on April, 23. They expect $0.72 earnings per share, up 56.52% or $0.26 from last year’s $0.46 per share. TMUS’s profit will be $615.19M for 20.63 P/E if the $0.72 EPS becomes a reality. After $0.48 actual earnings per share reported by T-Mobile US, Inc. for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Adi Capital Management Llc, which manages about $130.00 million and $202.57 million US Long portfolio, upped its stake in Viavi Solutions Inc by 242,671 shares to 1.59M shares, valued at $15.03 million in 2017Q3, according to the filing. It also increased its holding in Logmein Inc (NASDAQ:LOGM) by 24,666 shares in the quarter, for a total of 191,987 shares, and has risen its stake in Performance Food Group Co.

Among 32 analysts covering T-Mobile US (NYSE:TMUS), 26 have Buy rating, 1 Sell and 5 Hold. Therefore 81% are positive. T-Mobile US had 76 analyst reports since August 3, 2015 according to SRatingsIntel. As per Friday, July 7, the company rating was maintained by RBC Capital Markets. The firm has “Mkt Perform” rating given on Tuesday, October 25 by FBR Capital. Morgan Stanley maintained the shares of TMUS in report on Wednesday, December 13 with “Overweight” rating. The stock of T-Mobile US, Inc. (NASDAQ:TMUS) has “Buy” rating given on Tuesday, August 1 by Jefferies. On Wednesday, February 15 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was maintained on Friday, July 21 by William Blair. The company was maintained on Monday, April 18 by Barclays Capital. The firm has “Buy” rating given on Thursday, July 20 by Raymond James. On Tuesday, October 24 the stock rating was maintained by Bank of America with “Underperform”. Nomura maintained T-Mobile US, Inc. (NASDAQ:TMUS) on Wednesday, April 26 with “Hold” rating.

Since February 14, 2018, it had 1 buying transaction, and 0 selling transactions for $17.34 million activity.

Bragg Financial Advisors Inc, which manages about $960.65M and $652.54 million US Long portfolio, decreased its stake in Prestige Brands Hldgs Inc (NYSE:PBH) by 15,175 shares to 27,050 shares, valued at $1.36M in 2017Q3, according to the filing. It also reduced its holding in Timken Co (NYSE:TKR) by 40,520 shares in the quarter, leaving it with 29,275 shares, and cut its stake in Synaptics Inc (NASDAQ:SYNA).

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It fall, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Covington Management, a California-based fund reported 173,850 shares. Macnealy Hoover Invest Mgmt reported 41,281 shares. Janney Cap Mngmt holds 0.05% or 24,511 shares. Moreover, Cubic Asset Mgmt Limited Liability Company has 0.15% invested in The Coca-Cola Company (NYSE:KO) for 11,785 shares. Bartlett And reported 110,856 shares. First Heartland Consultants invested in 0.17% or 15,615 shares. Kbc Grp Nv holds 792,478 shares. Hillsdale Inv Inc has 0% invested in The Coca-Cola Company (NYSE:KO). Lombard Odier Asset Mngmt (Switzerland) Sa holds 47,056 shares. 101,925 are owned by Etrade Management Lc. Ccm Inv Advisers Limited Liability Corporation stated it has 18,560 shares or 0.16% of all its holdings. Invsts holds 0.66% in The Coca-Cola Company (NYSE:KO) or 48.41M shares. Sabal holds 55,631 shares. Bremer Tru Association holds 12,963 shares or 0.16% of its portfolio. Segment Wealth Management Ltd Limited Liability Company invested 0.34% of its portfolio in The Coca-Cola Company (NYSE:KO).

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 73 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, September 27 by HSBC. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, February 20. Susquehanna maintained The Coca-Cola Company (NYSE:KO) on Wednesday, July 12 with “Hold” rating. The firm has “Buy” rating by UBS given on Thursday, April 21. The company was initiated on Monday, January 9 by Barclays Capital. The stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by RBC Capital Markets on Friday, October 6. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Jefferies on Tuesday, June 20. The firm earned “Hold” rating on Monday, August 24 by Vetr. Deutsche Bank downgraded it to “Hold” rating and $44 target in Tuesday, December 13 report. The stock of The Coca-Cola Company (NYSE:KO) has “Equal-Weight” rating given on Friday, December 16 by Morgan Stanley.

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By1 Peter Erickson

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