Old Mutual Global Investors Uk LTD Lifted Its Holding in Ross Stores (ROST) by $31.26 Million as Stock Price Declined; As Trimble (TRMB) Shares Rose, Shareholder Cubist Systematic Strategies Raised Its Stake

February 21, 2018 - By David Stenberg

Cubist Systematic Strategies Llc increased its stake in Trimble Inc (TRMB) by 617.96% based on its latest 2017Q3 regulatory filing with the SEC. Cubist Systematic Strategies Llc bought 56,809 shares as the company’s stock rose 13.95% with the market. The institutional investor held 66,002 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.59 million, up from 9,193 at the end of the previous reported quarter. Cubist Systematic Strategies Llc who had been investing in Trimble Inc for a number of months, seems to be bullish on the $9.66B market cap company. The stock decreased 0.44% or $0.17 during the last trading session, reaching $38.79. About 1.29 million shares traded or 25.79% up from the average. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since February 21, 2017 and is uptrending. It has outperformed by 34.75% the S&P500.

Old Mutual Global Investors Uk Ltd increased its stake in Ross Stores Inc (ROST) by 21.04% based on its latest 2017Q3 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd bought 488,382 shares as the company’s stock declined 9.26% while stock markets rallied. The institutional investor held 2.81 million shares of the consumer services company at the end of 2017Q3, valued at $181.41 million, up from 2.32M at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Ross Stores Inc for a number of months, seems to be bullish on the $30.18 billion market cap company. The stock increased 1.28% or $1 during the last trading session, reaching $78.98. About 743,811 shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 12.03% since February 21, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.04, from 1 in 2017Q2. It increased, as 58 investors sold ROST shares while 200 reduced holdings. 72 funds opened positions while 196 raised stakes. 339.45 million shares or 0.11% less from 339.81 million shares in 2017Q2 were reported. Perigon Wealth Management Ltd Liability has 27,027 shares for 0.57% of their portfolio. Australia-based Commonwealth Bancorporation Of has invested 0.02% in Ross Stores, Inc. (NASDAQ:ROST). Westwood Hldgs Gp holds 0.01% in Ross Stores, Inc. (NASDAQ:ROST) or 21,881 shares. Jennison Assoc Limited Liability has invested 0.08% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Sands Mngmt Ltd Com holds 0% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST) for 11,438 shares. Wedgewood owns 2.03M shares or 4.47% of their US portfolio. Tokio Marine Asset Mgmt holds 3,190 shares or 0.03% of its portfolio. Ingalls & Snyder Limited Liability Com owns 3,999 shares. Tortoise Invest Mngmt Limited Liability owns 1,588 shares. California-based San Francisco Sentry Investment Group (Ca) has invested 0.02% in Ross Stores, Inc. (NASDAQ:ROST). Art Lc owns 0.27% invested in Ross Stores, Inc. (NASDAQ:ROST) for 81,300 shares. Moreover, Profund has 0.09% invested in Ross Stores, Inc. (NASDAQ:ROST). 13,507 were reported by Benjamin F Edwards &. 9,062 were reported by Invest Centers Of America Inc. Prudential Public Ltd Company stated it has 15,200 shares.

Since September 12, 2017, it had 0 insider buys, and 2 selling transactions for $1.35 million activity. $945,012 worth of Ross Stores, Inc. (NASDAQ:ROST) was sold by RENTLER BARBARA on Tuesday, September 12.

Old Mutual Global Investors Uk Ltd, which manages about $9.56 billion US Long portfolio, decreased its stake in Rockwell Automation Inc (NYSE:ROK) by 651,826 shares to 131,649 shares, valued at $23.46M in 2017Q3, according to the filing. It also reduced its holding in Meritor Inc (NYSE:MTOR) by 110,691 shares in the quarter, leaving it with 1.04 million shares, and cut its stake in Northrop Grumman Corp (NYSE:NOC).

Among 27 analysts covering Ross Stores Inc. (NASDAQ:ROST), 17 have Buy rating, 1 Sell and 9 Hold. Therefore 63% are positive. Ross Stores Inc. had 70 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Outperform” on Friday, May 20. The firm has “Hold” rating by Credit Suisse given on Wednesday, August 2. RBC Capital Markets maintained Ross Stores, Inc. (NASDAQ:ROST) on Monday, June 19 with “Hold” rating. The company was maintained on Friday, February 2 by SunTrust. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Positive” rating by Susquehanna on Friday, February 10. The firm has “Neutral” rating by Buckingham Research given on Friday, November 17. M Partners upgraded the stock to “Buy” rating in Wednesday, March 2 report. The firm earned “Buy” rating on Tuesday, January 23 by Susquehanna. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Hold” rating by Jefferies on Tuesday, July 4. As per Monday, September 25, the company rating was upgraded by JP Morgan.

Cubist Systematic Strategies Llc, which manages about $1.79B US Long portfolio, decreased its stake in Carter Inc (NYSE:CRI) by 7,597 shares to 1,010 shares, valued at $100,000 in 2017Q3, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 5,088 shares in the quarter, leaving it with 9,933 shares, and cut its stake in Tcf Finl Corp (NYSE:TCB).

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.10, from 1.28 in 2017Q2. It fall, as 18 investors sold TRMB shares while 126 reduced holdings. 39 funds opened positions while 131 raised stakes. 221.33 million shares or 0.83% less from 223.17 million shares in 2017Q2 were reported. Essex Mgmt Lc accumulated 24,991 shares. 204,884 were reported by Mutual Of America Mgmt Limited Liability Corp. Great Lakes Advisors Ltd Liability Com invested in 68,383 shares or 0.06% of the stock. Vanguard Group reported 21.61M shares. Kansas-based Waddell And Reed Finance has invested 0.28% in Trimble Inc. (NASDAQ:TRMB). Capital Fund Mngmt Sa owns 21,300 shares. Nicholas Invest Prns Ltd Partnership reported 0.58% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Barrow Hanley Mewhinney Strauss Limited Co holds 675 shares. Investment House Lc holds 222,258 shares. Elk Creek Ptnrs Limited Liability Corp holds 0.37% or 151,068 shares. Cornerstone stated it has 426,451 shares or 2.93% of all its holdings. Manufacturers Life Insurance The has 0.02% invested in Trimble Inc. (NASDAQ:TRMB) for 372,654 shares. Rmb Cap Mngmt Ltd Liability accumulated 0.08% or 79,206 shares. Bessemer Gp Inc owns 10,461 shares. Reliant Invest Mngmt Lc accumulated 92,530 shares.

Since August 28, 2017, it had 0 buys, and 7 sales for $15.15 million activity. BERGLUND STEVEN W sold $7.93M worth of stock. $14,118 worth of Trimble Inc. (NASDAQ:TRMB) was sold by KIRKLAND JAMES A. $397,985 worth of Trimble Inc. (NASDAQ:TRMB) was sold by PEEK MARK S on Tuesday, February 13. Kliem Jurgen sold 44,662 shares worth $1.72M. The insider MATTHEWS DARRYL R sold 3,714 shares worth $143,583.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was initiated by FBR Capital with “Outperform” on Wednesday, May 11. The stock has “Neutral” rating by Goldman Sachs on Friday, November 20. On Tuesday, June 28 the stock rating was downgraded by JP Morgan to “Neutral”. On Tuesday, August 8 the stock rating was maintained by Oppenheimer with “Buy”. The stock of Trimble Inc. (NASDAQ:TRMB) earned “Neutral” rating by M Partners on Wednesday, August 5. Wedbush maintained Trimble Inc. (NASDAQ:TRMB) rating on Friday, April 29. Wedbush has “Outperform” rating and $27 target. Wells Fargo maintained Trimble Inc. (NASDAQ:TRMB) rating on Friday, October 27. Wells Fargo has “Market Perform” rating and $37 target. The firm has “Buy” rating given on Friday, October 27 by Needham. Robert W. Baird maintained Trimble Inc. (NASDAQ:TRMB) rating on Monday, October 5. Robert W. Baird has “Neutral” rating and $19 target. Craig Hallum maintained it with “Hold” rating and $20 target in Wednesday, August 5 report.

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