Five Below (FIVE) Holder Summit Creek Advisors Has Boosted Holding by $1.05 Million; Wespac Advisors Has Raised Harris Del (HRS) Holding by $516,140; Market Valuation Declined

February 15, 2018 - By Ellis Scott

Wespac Advisors Llc increased its stake in Harris Corp Del (HRS) by 17.26% based on its latest 2017Q3 regulatory filing with the SEC. Wespac Advisors Llc bought 3,940 shares as the company’s stock declined 1.51% while stock markets rallied. The institutional investor held 26,761 shares of the industrial machinery and components company at the end of 2017Q3, valued at $3.52M, up from 22,821 at the end of the previous reported quarter. Wespac Advisors Llc who had been investing in Harris Corp Del for a number of months, seems to be bullish on the $18.47 billion market cap company. The stock increased 0.35% or $0.55 during the last trading session, reaching $155.52. About 374,292 shares traded. Harris Corporation (NYSE:HRS) has risen 39.09% since February 15, 2017 and is uptrending. It has outperformed by 22.39% the S&P500.

Summit Creek Advisors Llc increased its stake in Five Below Inc. (FIVE) by 8.3% based on its latest 2017Q3 regulatory filing with the SEC. Summit Creek Advisors Llc bought 19,375 shares as the company’s stock rose 32.44% with the market. The institutional investor held 252,755 shares of the consumer services company at the end of 2017Q3, valued at $13.87 million, up from 233,380 at the end of the previous reported quarter. Summit Creek Advisors Llc who had been investing in Five Below Inc. for a number of months, seems to be bullish on the $3.55B market cap company. The stock decreased 1.05% or $0.68 during the last trading session, reaching $64.28. About 506,835 shares traded. Five Below, Inc. (NASDAQ:FIVE) has risen 35.78% since February 15, 2017 and is uptrending. It has outperformed by 19.08% the S&P500.

Wespac Advisors Llc, which manages about $705.49M and $151.59M US Long portfolio, decreased its stake in Ishares Tr (IYC) by 2,249 shares to 10,433 shares, valued at $1.71M in 2017Q3, according to the filing.

Since August 21, 2017, it had 0 buys, and 3 selling transactions for $8.16 million activity. 4,387 Harris Corporation (NYSE:HRS) shares with value of $533,911 were sold by MIKUEN SCOTT T.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.06, from 0.93 in 2017Q2. It is positive, as 33 investors sold HRS shares while 196 reduced holdings. 78 funds opened positions while 148 raised stakes. 99.32 million shares or 1.40% less from 100.73 million shares in 2017Q2 were reported. Oakworth Capital Inc holds 2,500 shares. Farmers And Merchants Investments has invested 0% in Harris Corporation (NYSE:HRS). Rice Hall James Assocs Ltd Company holds 0.04% in Harris Corporation (NYSE:HRS) or 6,306 shares. First City Cap Management owns 0.93% invested in Harris Corporation (NYSE:HRS) for 10,100 shares. Goldman Sachs Grp Inc has invested 0.02% of its portfolio in Harris Corporation (NYSE:HRS). 1St Source Comml Bank holds 0.03% or 2,570 shares in its portfolio. Ancora Ltd Company stated it has 70,601 shares. Thompson Davis And Communications Inc reported 0.02% stake. Parkside Finance Bancshares And Trust stated it has 0.04% of its portfolio in Harris Corporation (NYSE:HRS). Arrow Financial reported 3,055 shares or 0.1% of all its holdings. Highvista Strategies Limited Liability Company owns 4,400 shares or 0.13% of their US portfolio. Symphony Asset Mngmt accumulated 0.04% or 2,971 shares. The Missouri-based Co Bank & Trust has invested 0.01% in Harris Corporation (NYSE:HRS). 215,149 were accumulated by Ny State Teachers Retirement Systems. Comerica Securities reported 0.03% in Harris Corporation (NYSE:HRS).

Among 10 analysts covering Harris (NYSE:HRS), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Harris had 36 analyst reports since August 10, 2015 according to SRatingsIntel. Citigroup initiated the stock with “Buy” rating in Friday, June 10 report. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 4. Jefferies maintained it with “Buy” rating and $135.0 target in Friday, October 20 report. The firm earned “Market Perform” rating on Tuesday, March 15 by Cowen & Co. The stock has “Buy” rating by Jefferies on Monday, September 18. The rating was downgraded by Barclays Capital to “Equal Weight” on Monday, May 1. The company was upgraded on Monday, August 10 by Barclays Capital. The stock has “Overweight” rating by JP Morgan on Wednesday, November 1. The company was maintained on Tuesday, August 1 by Cowen & Co. The stock of Harris Corporation (NYSE:HRS) has “Buy” rating given on Tuesday, January 30 by Jefferies.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.02, from 1.19 in 2017Q2. It is positive, as 29 investors sold FIVE shares while 75 reduced holdings. 38 funds opened positions while 88 raised stakes. 59.77 million shares or 0.41% less from 60.02 million shares in 2017Q2 were reported. Principal Fincl Group Inc Inc invested 0.02% in Five Below, Inc. (NASDAQ:FIVE). Emerald Advisers Pa reported 598,025 shares stake. 6,200 are held by Eulav Asset Management. Cim Limited Liability Corporation holds 8,435 shares or 0.19% of its portfolio. The Louisiana-based Louisiana State Employees Retirement Sys has invested 0.06% in Five Below, Inc. (NASDAQ:FIVE). Spark Invest Mgmt Lc owns 147,100 shares or 0.43% of their US portfolio. Cap Research Global Invsts invested 0.05% in Five Below, Inc. (NASDAQ:FIVE). Goldman Sachs Group invested 0.02% in Five Below, Inc. (NASDAQ:FIVE). Timessquare Cap Limited Liability Co owns 756,150 shares. Fmr Ltd Co owns 612,174 shares for 0% of their portfolio. Fortaleza Asset Incorporated holds 0.46% or 4,590 shares. Envestnet Asset Mngmt reported 85,164 shares. Pacifica Capital Limited Liability Co reported 462,629 shares. Lazard Asset Ltd Liability has invested 0.02% of its portfolio in Five Below, Inc. (NASDAQ:FIVE). Wellington Management Grp Llp owns 1.24 million shares.

Among 19 analysts covering Five Below (NASDAQ:FIVE), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Five Below had 55 analyst reports since September 3, 2015 according to SRatingsIntel. Credit Suisse maintained Five Below, Inc. (NASDAQ:FIVE) rating on Thursday, September 3. Credit Suisse has “Outperform” rating and $39 target. The firm earned “Buy” rating on Wednesday, March 16 by UBS. The stock has “Buy” rating by RBC Capital Markets on Wednesday, August 30. The firm earned “Outperform” rating on Wednesday, March 23 by Credit Suisse. The firm has “Overweight” rating given on Thursday, October 13 by KeyBanc Capital Markets. The firm has “Neutral” rating given on Monday, July 10 by UBS. The stock has “Buy” rating by Deutsche Bank on Thursday, September 3. The rating was initiated by Loop Capital with “Buy” on Wednesday, December 7. The stock of Five Below, Inc. (NASDAQ:FIVE) has “Buy” rating given on Wednesday, October 26 by Longbow. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, December 1.

Summit Creek Advisors Llc, which manages about $971.18M and $507.71M US Long portfolio, decreased its stake in Bio (NASDAQ:TECH) by 22,685 shares to 106,517 shares, valued at $12.88 million in 2017Q3, according to the filing. It also reduced its holding in Icon Plc (NASDAQ:ICLR) by 44,407 shares in the quarter, leaving it with 116,836 shares, and cut its stake in Callidus Software (NASDAQ:CALD).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Ellis Scott

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: